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Previous: PRUDENTIAL GLOBAL GENESIS FUND INC, N-30D, 1996-01-30 |
Next: LEAHI INVESTMENT TRUST, 485BPOS, 1996-01-30 |
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<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 12/29/95
Institutional Investment Manager:
AMERICAN EXPRESS FINANCIAL CORPORATION
IDS TOWER-10
MINNEAPOLIS MN 55440-0010
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION
IN THIS FORM AND THE ATTACHMENTS TO IT IS TRUE, CORRECT AND COMPLETE, AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL
PARTS OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT
ALL UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND
COMPLETE AS PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
MELINDA URION V.P.INVESTMENT ACCOUNTING (612) 671-6227
Signature, Place and Date of Signing:
/s/ MELINDA URION MINNEAPOLIS MN 12/29/95
Other Managers on Whose Behalf this Report is Filed:
01 AMERICAN EXPRESS COMPANY 028-00698
03 AMERICAN EXPRESS TRUST COMPANY 028-01151
34 AMERICAN PARTNERS LIFE
02 IDS ADVISORY GROUP, INC. 028-02069
04 IDS BOND FUND, INC. 028-00192
05 IDS CERTIFICATE COMPANY 028-00140
06 IDS DISCOVERY FUND, INC. 028-01075
07 IDS DIVERSIFIED EQUITY INCOME FUND
08 IDS EQUITY SELECT FUND, INC. 028-00196
09 IDS EXTRA INCOME FUND, INC. 028-01411
35 IDS GLOBAL GROWTH FUND
10 IDS GLOBAL SERIES, INC. 028-02589
11 IDS GROWTH FUND, INC. 028-00194
12 IDS INTERNATIONAL FUND, INC. 028-01547
13 IDS INVESTMENT SERIES, INC. 028-00199
14 IDS LIFE AGGRES. GROWTH FUND, INC.
15 IDS LIFE CAPITAL RESOURCE FUND, INC. 028-01131
16 IDS LIFE INSURANCE COMPANY 028-00143
17 IDS LIFE INTL EQUITY FUND, INC.
18 IDS LIFE MANAGED FUND, INC. 028-01837
19 IDS LIFE SERIES FUND, INC.- EQUITY PORTFOLIO 028-01835
<PAGE> PAGE 2
20 IDS LIFE SERIES FUND, INC.-MANAGED PORTFOLIO 028-01835
21 IDS LIFE SPECIAL INCOME FUND, INC. 028-02178
22 IDS LIFE VARIABLE ANNUITY FUND A 028-00144
23 IDS LIFE VARIABLE ANNUITY FUND B 028-00145
24 IDS MANAGED RETIREMENT FUND, INC. 028-01546
25 IDS MARKET ADVANTAGE SERIES, INC. 028-02748
26 IDS NEW DIMENSIONS FUND, INC. 028-00198
27 IDS PRECIOUS METALS FUND, INC. 028-01578
28 IDS PROGRESSIVE FUND, INC. 028-00193
29 IDS SELECTIVE FUND, INC. 028-00197
30 IDS STOCK FUND, INC. 028-00195
31 IDS STRATEGY FUND, INC. 028-01473
32 IDS UTILITIES INCOME FUND, INC. 028-02374
33 SHEARSON INSURANCE - MARKETING REINSURANCE CO.
<PAGE> PAGE 3
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ACE LIMITED COM G0070K103 9938 250000 SH DEFINED 0108 250000
AMWY ASIA COM G0352M108 33010 926600 SH DEFINED 011516 926600
COMCAST UK CABLE PRT COM G22984101 3438 275000 SH DEFINED 0135 275000
CREDICORP COM G2519Y108 6038 350000 SH DEFINED 0135 350000
GEM STAR COM G3788V106 4256 150000 SH DEFINED 0111 150000
LASALLE RE HOLDINGS COM G5383Q101 4003 175000 SH DEFINED 0135 175000
CRONUS COM L20707102 705 60000 SH DEFINED 01 60000
MILLICOM INT'L CELL COM L6388F102 15250 500000 SH DEFINED 0130 500000
MILLICOM INT'L CELL COM L6388F102 4423 145000 SH DEFINED 0132 145000
MILLICOM INT'L CELL COM L6388F102 839 27500 SH DEFINED 011619 27500
MILLICOM INT'L CELL COM L6388F102 3813 125000 SH DEFINED 011614 125000
HOME CENTER COM M53070104 663 100000 SH DEFINED 011619 100000
ELSAY BAILEY PROCS A COM N2925S101 6047 225000 SH DEFINED 0106 225000
ELSAY BAILEY PROCS A COM N2925S101 8063 300000 SH DEFINED 011516 300000
ELSAY BAILEY PROCS A COM N2925S101 16 600 SH DEFINED 0102 600
ELSAY BAILEY PROCS A COM N2925S101 4085 152000 SH DEFINED 0131 152000
ELSAY BAILEY PROCS A COM N2925S101 223 8300 SH DEFINED 0103 8300
ELSAY BAILEY PROCS A COM N2925S101 6239 232176 SH DEFINED 01 232176
TRIPLE P NV COM N88795104 4000 400000 SH DEFINED 0135 400000
PANAMERICAN BEV COM P74823108 2112 66000 SH DEFINED 0128 66000
SUN INT'L HOTEL COM P8797T109 330 10000 SH DEFINED 0135 10000
TEEKAY SHIPPING COM V89564104 5906 250000 SH DEFINED 0135 250000
ADC TELECOM COM 000886101 21900 600000 SH DEFINED 0126 600000
ADC TELECOM COM 000886101 21900 600000 SH DEFINED 0111 600000
ADC TELECOM COM 000886101 2920 80000 SH DEFINED 011622 80000
ADC TELECOM COM 000886101 6570 180000 SH DEFINED 011623 180000
ADC TELECOM COM 000886101 8395 230000 SH DEFINED 011618 230000
ADC TELECOM COM 000886101 449 12300 SH DEFINED 011619 12300
ADC TELECOM COM 000886101 2562 70200 SH DEFINED 011614 70200
ADC TELECOM COM 000886101 28195 772400 SH DEFINED 0102 772400
ADC TELECOM COM 000886101 4829 132300 SH DEFINED 0131 132300
ADC TELECOM COM 000886101 1102 30200 SH DEFINED 0103 30200
ADT LTD COM 000915306 1673 111500 SH DEFINED 011619 111500
ADT LTD COM 000915306 7875 525000 SH DEFINED 011614 525000
AGCO CORP COM 001084102 612 12000 SH DEFINED 011620 12000
AMLI COM 001735109 7500 375000 SH DEFINED 0113 375000
AMR CORP CONV BOND 001765AY2 23400 22500000 PRN DEFINED 0113 22500000
AMR CORP DEL COM 001765106 37125 500000 SH DEFINED 0126 500000
AMR CORP DEL COM 001765106 18540 249735 SH DEFINED 0102 249735
AMR CORP DEL COM 001765106 1480 19934 SH DEFINED 0103 19934
AMR CORP DEL COM 001765106 6086 81964 SH DEFINED 01 81964
ARCO CHEMICAL CO COM 001920107 27959 575000 SH DEFINED 0113 575000
ARCO CHEMICAL CO COM 001920107 10333 212500 SH DEFINED 0131 212500
ARCO CHEMICAL CO COM 001920107 428 8800 SH DEFINED 0103 8800
AT&T CORP COM 001957109 25900 400000 SH DEFINED 0130 400000
AT&T CORP COM 001957109 71225 1100000 SH DEFINED 0126 1100000
AT&T CORP COM 001957109 19425 300000 SH DEFINED 0132 300000
AT&T CORP COM 001957109 12173 188000 SH DEFINED 0125 188000
AT&T CORP COM 001957109 25900 400000 SH DEFINED 011516 400000
AT&T CORP COM 001957109 19425 300000 SH DEFINED 011618 300000
<PAGE> PAGE 4
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
AT&T CORP COM 001957109 2007 31000 SH DEFINED 011620 31000
AT&T CORP COM 001957109 32938 508720 SH DEFINED 0102 508720
AT&T CORP COM 001957109 12937 199797 SH DEFINED 0103 199797
AT&T CORP COM 001957109 1943 30000 SH DEFINED 01 30000
AVX COM 002444107 13250 500000 SH DEFINED 0111 500000
AVX COM 002444107 1715 64700 SH DEFINED 011622 64700
AVX COM 002444107 4269 161100 SH DEFINED 011623 161100
AAMES FINANCIAL CORP COM 00253A101 4878 175000 SH DEFINED 0106 175000
ABBOTT LABS COM 002824100 16700 400000 SH DEFINED 0124 400000
ABBOTT LABS COM 002824100 3213 76950 SH DEFINED 0102 76950
ABBOTT LABS COM 002824100 2444 58540 SH DEFINED 0103 58540
ACCLAIM ENMNT INC COM 004325205 1856 150000 SH DEFINED 01 150000
ACCUSTAFF COM 004401105 15400 350000 SH DEFINED 0106 350000
ADIDAS ADS 144A COM 00687P104 3768 144200 SH DEFINED 0130 144200
ADIDAS ADS 144A COM 00687P104 5226 200000 SH DEFINED 0135 200000
ADIDAS ADS 144A COM 00687P104 1699 65000 SH DEFINED 011619 65000
ADIDAS ADS 144A COM 00687P104 6533 250000 SH DEFINED 011614 250000
ADIDAS ADS 144A COM 00687P104 1283 49100 SH DEFINED 0131 49100
ADVANCED MICRO DEV COM 007903107 127 7677 SH DEFINED 0103 7677
ADV LTD PT TRUST INV COM 007923998 28354 26016006 SH DEFINED 01 26016006
ADVANTA B COM 007942204 7275 200000 SH DEFINED 011614 200000
AETNA LIFE & CAS COM 008140105 574 8284 SH DEFINED 0103 8284
AFL/CIO UNITS OF COM 008270993 499 460 SH DEFINED 0102 460
AHMANSON HF & CO COM 008677106 26500 1000000 SH DEFINED 0126 1000000
AHMANSON HF & CO COM 008677106 1855 70000 SH DEFINED 011619 70000
AHMANSON HF & CO COM 008677106 7950 300000 SH DEFINED 011614 300000
AHMANSON HF & CO COM 008677106 235 8866 SH DEFINED 0103 8866
AIR PROD & CHEM COM 009158106 3027 57352 SH DEFINED 0102 57352
AIR PROD & CHEM COM 009158106 21100 400000 SH DEFINED 0131 400000
AIR PROD & CHEM COM 009158106 1190 22555 SH DEFINED 0103 22555
AIR PROD & CHEM COM 009158106 3851 73000 SH DEFINED 01 73000
AIRGAS INC COM 009363102 8714 262050 SH DEFINED 0102 262050
AIRGAS INC COM 009363102 256 7700 SH DEFINED 0103 7700
AIRTOUCH COMMUN COM 00949T100 25425 900000 SH DEFINED 0130 900000
AIRTOUCH COMMUN COM 00949T100 9888 350000 SH DEFINED 0108 350000
AIRTOUCH COMMUN COM 00949T100 28250 1000000 SH DEFINED 0126 1000000
AIRTOUCH COMMUN COM 00949T100 25425 900000 SH DEFINED 0111 900000
AIRTOUCH COMMUN COM 00949T100 9888 350000 SH DEFINED 0132 350000
AIRTOUCH COMMUN COM 00949T100 42375 1500000 SH DEFINED 0124 1500000
AIRTOUCH COMMUN COM 00949T100 4650 164600 SH DEFINED 0125 164600
AIRTOUCH COMMUN COM 00949T100 1695 60000 SH DEFINED 0107 60000
AIRTOUCH COMMUN COM 00949T100 3757 133000 SH DEFINED 011622 133000
AIRTOUCH COMMUN COM 00949T100 8193 290000 SH DEFINED 011623 290000
AIRTOUCH COMMUN COM 00949T100 20623 730000 SH DEFINED 011618 730000
AIRTOUCH COMMUN COM 00949T100 1384 49000 SH DEFINED 011620 49000
AIRTOUCH COMMUN COM 00949T100 152757 5407548 SH DEFINED 0102 5407548
AIRTOUCH COMMUN COM 00949T100 3684 130436 SH DEFINED 0103 130436
AIRTOUCH COMMUN COM 00949T100 16057 568380 SH DEFINED 01 568380
AJL PEPS/TRUST CVT CONV PFD STOCK 009710104 5070 260000 SH DEFINED 0135 260000
AJL PEPS/TRUST CVT CONV PFD STOCK 009710104 20280 1040000 SH DEFINED 011516 1040000
<PAGE> PAGE 5
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ALAMO GROUP INC COM 011311107 3600 200000 SH DEFINED 0128 200000
ALBANY INTL CORP NEW COM 012348108 1440 79441 SH DEFINED 0102 79441
ALBERTO CULVER COM 013068101 71 2066 SH DEFINED 0103 2066
ALBERTSONS INC COM 013104104 12328 375000 SH DEFINED 0108 375000
ALBERTSONS INC COM 013104104 32875 1000000 SH DEFINED 0126 1000000
ALBERTSONS INC COM 013104104 1644 50000 SH DEFINED 011620 50000
ALBERTSONS INC COM 013104104 45395 1380660 SH DEFINED 0102 1380660
ALBERTSONS INC COM 013104104 911 27701 SH DEFINED 0103 27701
ALCAN ALUMINIUM LTD COM 013716105 28 900 SH DEFINED 0102 900
ALCAN ALUMINIUM LTD COM 013716105 566 18175 SH DEFINED 0103 18175
ALCO STANDARD COM 013788104 68438 1500000 SH DEFINED 0126 1500000
ALCO STANDARD COM 013788104 27375 600000 SH DEFINED 0111 600000
ALCO STANDARD COM 013788104 6388 140000 SH DEFINED 011622 140000
ALCO STANDARD COM 013788104 13688 300000 SH DEFINED 011623 300000
ALCO STANDARD COM 013788104 13688 300000 SH DEFINED 011618 300000
ALCO STANDARD COM 013788104 1168 25600 SH DEFINED 011620 25600
ALCO STANDARD COM 013788104 116435 2551795 SH DEFINED 0102 2551795
ALCO STANDARD COM 013788104 7875 172600 SH DEFINED 0131 172600
ALCO STANDARD COM 013788104 1952 42782 SH DEFINED 0103 42782
ALCO STANDARD COM 013788104 10711 234768 SH DEFINED 01 234768
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 16578 193900 SH DEFINED 0130 193900
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 12825 150000 SH DEFINED 0107 150000
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 11051 129250 SH DEFINED 011618 129250
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 1368 16000 SH DEFINED 011620 16000
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 17 200 SH DEFINED 0102 200
ALEXNDR & ALEX SERV COM 014476105 62 3285 SH DEFINED 0103 3285
ALLERGAN INC COM 018490102 153 4721 SH DEFINED 0103 4721
ALLIANCE ENTMT CORP COM 018593103 1663 175000 SH DEFINED 011619 175000
ALLIED GROUP INC COM 019220102 8280 230000 SH DEFINED 0128 230000
ALLIED SIGNAL INC COM 019512102 81 1700 SH DEFINED 0125 1700
ALLIED SIGNAL INC COM 019512102 16625 350000 SH DEFINED 011618 350000
ALLIED SIGNAL INC COM 019512102 39 800 SH DEFINED 0102 800
ALLIED SIGNAL INC COM 019512102 1049 22074 SH DEFINED 0103 22074
ALLIED SIGNAL INC COM 019512102 4275 90000 SH DEFINED 01 90000
ALLSTATE CORP COM 020002101 39447 959195 SH DEFINED 0102 959195
ALLSTATE CORP COM 020002101 1293 31435 SH DEFINED 0103 31435
ALLTEL CORP COM 020039103 20650 700000 SH DEFINED 0124 700000
ALLTEL CORP COM 020039103 412 13965 SH DEFINED 0103 13965
ALLTEL 7.75 $100 PAR PREFERRED STOCK 0200392*3 2732 27046 SH DEFINED 0105 27046
ALUMAX INC COM 022197107 28788 940000 SH DEFINED 0124 940000
ALUMAX INC COM 022197107 4594 150000 SH DEFINED 0135 150000
ALUMAX INC COM 022197107 7656 250000 SH DEFINED 011618 250000
ALUMAX INC COM 022197107 1041 34000 SH DEFINED 011620 34000
ALUMINUM CO AMERICA COM 022249106 16539 312800 SH DEFINED 0130 312800
ALUMINUM CO AMERICA COM 022249106 10575 200000 SH DEFINED 0108 200000
ALUMINUM CO AMERICA COM 022249106 68738 1300000 SH DEFINED 0126 1300000
ALUMINUM CO AMERICA COM 022249106 42 800 SH DEFINED 0125 800
ALUMINUM CO AMERICA COM 022249106 8724 165000 SH DEFINED 0107 165000
ALUMINUM CO AMERICA COM 022249106 143454 2713193 SH DEFINED 0102 2713193
ALUMINUM CO AMERICA COM 022249106 1964 37127 SH DEFINED 0103 37127
<PAGE> PAGE 6
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ALUMINUM CO AMERICA COM 022249106 10004 189200 SH DEFINED 01 189200
ALZA COM 022615108 147 5939 SH DEFINED 0103 5939
AMERADA HESS COM 023551104 223 4200 SH DEFINED 0125 4200
AMERADA HESS COM 023551104 85 1600 SH DEFINED 0102 1600
AMERADA HESS COM 023551104 489 9236 SH DEFINED 0103 9236
AMDAHL CORP COM 023905102 74 8722 SH DEFINED 0103 8722
AMERICAN BRANDS INC. COM 024703100 53550 1200000 SH DEFINED 011516 1200000
AMERICAN BRANDS INC. COM 024703100 616 13803 SH DEFINED 0103 13803
AMERICAN ELEC PWR COM 025537101 18225 450000 SH DEFINED 0113 450000
AMERICAN ELEC PWR COM 025537101 8100 200000 SH DEFINED 011618 200000
AMERICAN ELEC PWR COM 025537101 550 13582 SH DEFINED 0103 13582
AMERICAN ELEC PWR COM 025537101 3443 85000 SH DEFINED 01 85000
AMERICAN EXPLORATION COM 025762808 0 4 SH DEFINED 0102 4
AMERICAN EXPRESS COM 025816109 413708 9998986 SH DEFINED 0103 9998986
AMERICAN EXPRESS COM 025816109 7776 187949 SH DEFINED 01 187949
AMER GENERAL CORP COM 026351106 29644 850000 SH DEFINED 0113 850000
AMER GENERAL CORP COM 026351106 10637 305000 SH DEFINED 0107 305000
AMER GENERAL CORP COM 026351106 19181 550000 SH DEFINED 0131 550000
AMER GENERAL CORP COM 026351106 1222 35017 SH DEFINED 0103 35017
AMER GENERAL CORP COM 026351106 9719 278670 SH DEFINED 01 278670
AM GREETINGS CL A COM 026375105 224 8100 SH DEFINED 0125 8100
AM GREETINGS CL A COM 026375105 6906 250000 SH DEFINED 011618 250000
AM GREETINGS CL A COM 026375105 25 900 SH DEFINED 0102 900
AM GREETINGS CL A COM 026375105 151 5451 SH DEFINED 0103 5451
AM GREETINGS CL A COM 026375105 296 10703 SH DEFINED 01 10703
AMER HOME PRODUCTS COM 026609107 29100 300000 SH DEFINED 0130 300000
AMER HOME PRODUCTS COM 026609107 36375 375000 SH DEFINED 0113 375000
AMER HOME PRODUCTS COM 026609107 6916 71300 SH DEFINED 0125 71300
AMER HOME PRODUCTS COM 026609107 14550 150000 SH DEFINED 0107 150000
AMER HOME PRODUCTS COM 026609107 29100 300000 SH DEFINED 011618 300000
AMER HOME PRODUCTS COM 026609107 2377 24500 SH DEFINED 011620 24500
AMER HOME PRODUCTS COM 026609107 13228 136367 SH DEFINED 0102 136367
AMER HOME PRODUCTS COM 026609107 5001 51555 SH DEFINED 0103 51555
AMER HOME PRODUCTS COM 026609107 747 7700 SH DEFINED 01 7700
AMERICAN INTL GROUP COM 026874107 27750 300000 SH DEFINED 0130 300000
AMERICAN INTL GROUP COM 026874107 120250 1300000 SH DEFINED 0126 1300000
AMERICAN INTL GROUP COM 026874107 1647 17800 SH DEFINED 011620 17800
AMERICAN INTL GROUP COM 026874107 97844 1057718 SH DEFINED 0102 1057718
AMERICAN INTL GROUP COM 026874107 4005 43302 SH DEFINED 0103 43302
AMERICAN INTL GROUP COM 026874107 14986 162000 SH DEFINED 01 162000
AMERICAN MANAGEMENT COM 027352103 2100 70000 SH DEFINED 011619 70000
AMERICAN MANAGEMENT COM 027352103 10500 350000 SH DEFINED 011614 350000
AMERICAN MANAGEMENT COM 027352103 11760 391950 SH DEFINED 0102 391950
AMERICAN MANAGEMENT COM 027352103 375 12500 SH DEFINED 0103 12500
AMERICAN ONCOLOGY COM 028910107 6078 125000 SH DEFINED 0106 125000
AMER PWR CONVERSION COM 029066107 9500 1000000 SH DEFINED 011618 1000000
AMERICAN RE COM 029163102 12263 300000 SH DEFINED 0106 300000
AMERICAN RE COM 029163102 16 400 SH DEFINED 0102 400
AMERICAN RE COM 029163102 5886 144000 SH DEFINED 0131 144000
AMERICAN RE COM 029163102 364 8900 SH DEFINED 0103 8900
<PAGE> PAGE 7
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
AMERICAN RE COM 029163102 4011 98139 SH DEFINED 01 98139
AMERICAN STD CO COM 029712106 16800 600000 SH DEFINED 0130 600000
AMERICAN STD CO COM 029712106 14000 500000 SH DEFINED 0124 500000
AMERICAN STD CO COM 029712106 11200 400000 SH DEFINED 011618 400000
AMERICAN STD CO COM 029712106 4141 147905 SH DEFINED 01 147905
AMERICAN STORES CO COM 030096101 292 10933 SH DEFINED 0103 10933
AMERICAN TELECASTING COM 030151104 5800 400000 SH DEFINED 011516 400000
AMERICAN TELECAST WT WARRANT 030151112 426 85225 SH DEFINED 0109 85225
AMERITECH NZ A $100 PREFERRED STOCK 03070V209 3255 30000 SH DEFINED 01 30000
AMERISOURCE COM 03071P102 10 300 SH DEFINED 0102 300
AMERISOURCE COM 03071P102 3445 104400 SH DEFINED 0131 104400
AMERISOURCE COM 03071P102 218 6600 SH DEFINED 0103 6600
AMERITECH CORP COM 030954101 20650 350000 SH DEFINED 0132 350000
AMERITECH CORP COM 030954101 2432 41222 SH DEFINED 0103 41222
AMGEN INC COM 031162100 17813 300000 SH DEFINED 0130 300000
AMGEN INC COM 031162100 142500 2400000 SH DEFINED 0126 2400000
AMGEN INC COM 031162100 29688 500000 SH DEFINED 0111 500000
AMGEN INC COM 031162100 59375 1000000 SH DEFINED 0124 1000000
AMGEN INC COM 031162100 2233 37600 SH DEFINED 0125 37600
AMGEN INC COM 031162100 3563 60000 SH DEFINED 011622 60000
AMGEN INC COM 031162100 7125 120000 SH DEFINED 011623 120000
AMGEN INC COM 031162100 16031 270000 SH DEFINED 011618 270000
AMGEN INC COM 031162100 10094 170000 SH DEFINED 011614 170000
AMGEN INC COM 031162100 149751 2522015 SH DEFINED 0102 2522015
AMGEN INC COM 031162100 13348 224800 SH DEFINED 0131 224800
AMGEN INC COM 031162100 3499 58929 SH DEFINED 0103 58929
AMGEN INC COM 031162100 20479 344915 SH DEFINED 01 344915
AMP COM 031897101 34538 900000 SH DEFINED 0126 900000
AMP COM 031897101 10361 270000 SH DEFINED 0107 270000
AMP COM 031897101 39726 1035200 SH DEFINED 011516 1035200
AMP COM 031897101 15635 407400 SH DEFINED 0102 407400
AMP COM 031897101 626 16303 SH DEFINED 0103 16303
AMOCO CORP COM 031905102 16172 225000 SH DEFINED 0130 225000
AMOCO CORP COM 031905102 115000 1600000 SH DEFINED 0126 1600000
AMOCO CORP COM 031905102 32344 450000 SH DEFINED 0113 450000
AMOCO CORP COM 031905102 3594 50000 SH DEFINED 0132 50000
AMOCO CORP COM 031905102 35938 500000 SH DEFINED 0124 500000
AMOCO CORP COM 031905102 1337 18600 SH DEFINED 0125 18600
AMOCO CORP COM 031905102 17250 240000 SH DEFINED 0107 240000
AMOCO CORP COM 031905102 43125 600000 SH DEFINED 011618 600000
AMOCO CORP COM 031905102 1725 24000 SH DEFINED 011620 24000
AMOCO CORP COM 031905102 191714 2667319 SH DEFINED 0102 2667319
AMOCO CORP COM 031905102 23359 325000 SH DEFINED 0131 325000
AMOCO CORP COM 031905102 4871 67780 SH DEFINED 0103 67780
AMOCO CORP COM 031905102 3953 55000 SH DEFINED 01 55000
AMRESCO COM 031909104 3825 300000 SH DEFINED 011516 300000
AMSCO INTERNATIONAL COM 032161101 1358 91300 SH DEFINED 011619 91300
AMSCO INTERNATIONAL COM 032161101 6451 433700 SH DEFINED 011614 433700
AMWAY JAPAN ADR COM 03234J100 10438 500000 SH DEFINED 011516 500000
ANDREW CORP COM 034425108 30600 800000 SH DEFINED 0111 800000
<PAGE> PAGE 8
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ANDREW CORP COM 034425108 4399 115000 SH DEFINED 0132 115000
ANDREW CORP COM 034425108 2479 64800 SH DEFINED 011622 64800
ANDREW CORP COM 034425108 5099 133300 SH DEFINED 011623 133300
ANDREW CORP COM 034425108 14260 372800 SH DEFINED 0102 372800
ANDREW CORP COM 034425108 5451 142500 SH DEFINED 0131 142500
ANDREW CORP COM 034425108 542 14166 SH DEFINED 0103 14166
ANHEUSER BUSCH CO COM 035229103 35109 525000 SH DEFINED 0113 525000
ANHEUSER BUSCH CO COM 035229103 15047 225000 SH DEFINED 0107 225000
ANHEUSER BUSCH CO COM 035229103 25078 375000 SH DEFINED 0131 375000
ANHEUSER BUSCH CO COM 035229103 2206 32985 SH DEFINED 0103 32985
AON CORP COM 037389103 29925 600000 SH DEFINED 0113 600000
AON CORP COM 037389103 22444 450000 SH DEFINED 0131 450000
AON CORP COM 037389103 808 16200 SH DEFINED 0103 16200
APOLLO GROUP INC -C COM 037604105 7825 200000 SH DEFINED 0111 200000
APPALACHIAN PWR $100 PREFERRED STOCK 037735834 3216 30000 SH DEFINED 0105 30000
APPALACHIAN PWR $100 PREFERRED STOCK 037735842 1013 10000 SH DEFINED 0105 10000
APPLE COMPUTER COM 037833100 169734 5325000 SH DEFINED 011516 5325000
APPLE COMPUTER COM 037833100 282 8852 SH DEFINED 0103 8852
APPLIED MATERIALS COM 038222105 27563 700000 SH DEFINED 0126 700000
APPLIED MATERIALS COM 038222105 19688 500000 SH DEFINED 0111 500000
APPLIED MATERIALS COM 038222105 9844 250000 SH DEFINED 0124 250000
APPLIED MATERIALS COM 038222105 3851 97800 SH DEFINED 011622 97800
APPLIED MATERIALS COM 038222105 8568 217600 SH DEFINED 011623 217600
APPLIED MATERIALS COM 038222105 669 17000 SH DEFINED 011620 17000
APPLIED MATERIALS COM 038222105 22607 574015 SH DEFINED 0102 574015
APPLIED MATERIALS COM 038222105 8517 216300 SH DEFINED 0131 216300
APPLIED MATERIALS COM 038222105 1189 30205 SH DEFINED 0103 30205
APPLIED MATERIALS COM 038222105 3623 92000 SH DEFINED 01 92000
ARACRUZ CELLULOSE SA COM 038496105 7750 1000000 SH DEFINED 0130 1000000
ARACRUZ CELLULOSE SA COM 038496105 9300 1200000 SH DEFINED 0113 1200000
ARBOR DRUGS INC COM 038760104 10500 500000 SH DEFINED 011516 500000
ARCHER DANIELS MDLND COM 039483102 721 40043 SH DEFINED 0103 40043
ARGYL TELEVISION COM 039914106 1750 100000 SH DEFINED 011619 100000
ARIZONA PUB SER V PREFERRED STOCK 040555799 806 7500 SH DEFINED 0105 7500
ARIZONA PUB SER V PREFERRED STOCK 040555799 3223 30000 SH DEFINED 01 30000
ARIZONA PUB SVC $100 PREFERRED STOCK 040555815 5578 50000 SH DEFINED 0105 50000
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 3296 38100 SH DEFINED 01 38100
ARMCO INC COM 042170100 235 39999 SH DEFINED 0103 39999
ARMSTRONG WORLD IND COM 042476101 162 2617 SH DEFINED 0103 2617
ARNOLD INDUSTRIES IN COM 042595108 19113 1100000 SH DEFINED 011516 1100000
ARROW INTERNATIONAL COM 042764100 1988 50000 SH DEFINED 011619 50000
ARROW INTERNATIONAL COM 042764100 8348 210000 SH DEFINED 011614 210000
ARROW INTERNATIONAL COM 042764100 9593 241300 SH DEFINED 0102 241300
ARROW INTERNATIONAL COM 042764100 4746 119400 SH DEFINED 0131 119400
ARROW INTERNATIONAL COM 042764100 592 14900 SH DEFINED 0103 14900
ASARCO INC COM 043413103 99 3103 SH DEFINED 0103 3103
ASCEND COMM COM 043491109 8113 100000 SH DEFINED 0126 100000
ASCEND COMM COM 043491109 2839 35000 SH DEFINED 011619 35000
ASCEND COMM COM 043491109 14603 180000 SH DEFINED 011614 180000
ASCEND COMM COM 043491109 20639 254400 SH DEFINED 0102 254400
<PAGE> PAGE 9
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ASCEND COMM COM 043491109 13743 169400 SH DEFINED 0131 169400
ASCEND COMM COM 043491109 1436 17700 SH DEFINED 0103 17700
ASHANTI GOLD 144A COM 043743103 599 30000 SH DEFINED 0127 30000
ASHLAND INC COM 044204105 164 4683 SH DEFINED 0103 4683
ATLANTIC RICHFIELD COM 048825103 30456 275000 SH DEFINED 0113 275000
ATLANTIC RICHFIELD COM 048825103 20489 185000 SH DEFINED 0131 185000
ATLANTIC RICHFIELD COM 048825103 2060 18604 SH DEFINED 0103 18604
ATL RICHFIELD PFD CONV PFD STOCK 048825137 16363 700000 SH DEFINED 0113 700000
ATL RICHFIELD PFD CONV PFD STOCK 048825137 5143 220000 SH DEFINED 0107 220000
AUTO DESK COM 052769106 125 3640 SH DEFINED 0103 3640
AUTOMATIC DATA PROC. COM 053015103 12051 162300 SH DEFINED 011516 162300
AUTOMATIC DATA PROC. COM 053015103 415 5590 SH DEFINED 0102 5590
AUTOMATIC DATA PROC. COM 053015103 835 11252 SH DEFINED 0103 11252
AVALON COM 053469102 6450 300000 SH DEFINED 0113 300000
AVALON COM 053469102 5375 250000 SH DEFINED 0132 250000
AVERY DENNISON CORP COM 053611109 194 3862 SH DEFINED 0103 3862
AVON PRODUCTS COM 054303102 15829 210000 SH DEFINED 0107 210000
AVON PRODUCTS COM 054303102 1771 23500 SH DEFINED 011620 23500
AVON PRODUCTS COM 054303102 106 1400 SH DEFINED 0102 1400
AVON PRODUCTS COM 054303102 383 5082 SH DEFINED 0103 5082
AVON PRODUCTS COM 054303102 5879 78000 SH DEFINED 01 78000
AZCO MINING COM 054774104 227 279348 SH DEFINED 0102 279348
BI INC COM 055467203 1525 200000 SH DEFINED 011619 200000
BTG INC COM 05576J101 1438 125000 SH DEFINED 011619 125000
BABY SUPERSTORE CONV BOND 056180AA0 11688 10000000 PRN DEFINED 0130 10000000
BABY SUPER STORES COM 056180102 1710 30000 SH DEFINED 011619 30000
BABY SUPER STORES COM 056180102 7695 135000 SH DEFINED 011614 135000
BAKER HUGHES COM 057224107 804 33000 SH DEFINED 011620 33000
BAKER HUGHES COM 057224107 252 10357 SH DEFINED 0103 10357
BALL CORP COM 058498106 60 2173 SH DEFINED 0103 2173
BALLARD MEDICAL PROD COM 058566100 1966 110000 SH DEFINED 011619 110000
BALLY ENTERTAINMENT COM 05873C106 48 3452 SH DEFINED 0103 3452
BALTIMORE GAS & ELEC COM 059165100 26 900 SH DEFINED 0102 900
BALTIMORE GAS & ELEC COM 059165100 308 10817 SH DEFINED 0103 10817
BANC ONE CORP COM 059438101 15478 410000 SH DEFINED 0107 410000
BANC ONE CORP COM 059438101 1081 28637 SH DEFINED 0103 28637
BANCO DE A EDWARDS COM 059504100 5593 285000 SH DEFINED 0135 285000
BANCO DE GALICIA CVT CONV BOND 059538AD0 4738 5000000 PRN DEFINED 0135 5000000
BAN NAC DEMEX 144A CONV BOND 059617AA8 6000 7500000 PRN DEFINED 0130 7500000
BAN NAC DEMEX 144A CONV BOND 059617AA8 4000 5000000 PRN DEFINED 0135 5000000
BANCO OSORNO Y LA COM 059631101 3122 225000 SH DEFINED 0135 225000
BANCO WIESE ADS COM 059651109 3750 600000 SH DEFINED 0135 600000
BANK OF BOSTON COM 060716107 11563 250000 SH DEFINED 0130 250000
BANK OF BOSTON COM 060716107 9250 200000 SH DEFINED 0124 200000
BANK OF BOSTON COM 060716107 380 8211 SH DEFINED 0103 8211
BANK OF NEW YORK COM 064057102 931 19100 SH DEFINED 0125 19100
BANK OF NEW YORK COM 064057102 14625 300000 SH DEFINED 011516 300000
BANK OF NEW YORK COM 064057102 234 4800 SH DEFINED 0102 4800
BANK OF NEW YORK COM 064057102 950 19468 SH DEFINED 0103 19468
BANK AMERICA CORP COM 066050105 32375 500000 SH DEFINED 0130 500000
<PAGE> PAGE 10
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BANK AMERICA CORP COM 066050105 25900 400000 SH DEFINED 0113 400000
BANK AMERICA CORP COM 066050105 64750 1000000 SH DEFINED 0124 1000000
BANK AMERICA CORP COM 066050105 1703 26300 SH DEFINED 0125 26300
BANK AMERICA CORP COM 066050105 15216 235000 SH DEFINED 0107 235000
BANK AMERICA CORP COM 066050105 842 13000 SH DEFINED 011620 13000
BANK AMERICA CORP COM 066050105 14446 223125 SH DEFINED 0102 223125
BANK AMERICA CORP COM 066050105 23634 365000 SH DEFINED 0131 365000
BANK AMERICA CORP COM 066050105 3958 61125 SH DEFINED 0103 61125
BANK AMERICA CORP COM 066050105 9973 154015 SH DEFINED 01 154015
BANKERS TRUST NY COM 066365107 49210 740000 SH DEFINED 011516 740000
BANKERS TRUST NY COM 066365107 379 5706 SH DEFINED 0103 5706
BANKERS TRUST NY COM 066365107 2328 35000 SH DEFINED 01 35000
C R BARD INC COM 067383109 132 4085 SH DEFINED 0103 4085
BARNES & NOBLE COM 067774109 986 34000 SH DEFINED 011620 34000
BARRICK GOLD INC COM 067901108 4748 180000 SH DEFINED 0127 180000
BARRICK GOLD INC COM 067901108 2374 90000 SH DEFINED 0125 90000
BARRICK GOLD INC COM 067901108 7286 276200 SH DEFINED 0102 276200
BARRICK GOLD INC COM 067901108 1596 60496 SH DEFINED 0103 60496
BARNETT BKS INC COM 068055102 873 14800 SH DEFINED 0125 14800
BARNETT BKS INC COM 068055102 248 4200 SH DEFINED 0102 4200
BARNETT BKS INC COM 068055102 711 12053 SH DEFINED 0103 12053
BASSETT FURN IND. COM 070203104 785 33781 SH DEFINED 0102 33781
BAUSCH & LOMB COM 071707103 166 4184 SH DEFINED 0103 4184
BAXTER INTL INC COM 071813109 31406 750000 SH DEFINED 0113 750000
BAXTER INTL INC COM 071813109 16080 384000 SH DEFINED 011516 384000
BAXTER INTL INC COM 071813109 23031 550000 SH DEFINED 0131 550000
BAXTER INTL INC COM 071813109 1776 42415 SH DEFINED 0103 42415
BAY APARTMENT COM 072012107 4365 180000 SH DEFINED 011618 180000
BAY NETWORKS INC COM 072510100 894 21750 SH DEFINED 011620 21750
BAY NETWORKS INC COM 072510100 562 13666 SH DEFINED 0103 13666
BEACON OFFICE PROP COM 073678104 3335 145000 SH DEFINED 0107 145000
BEAZER HOMES USA INC COM 07556Q105 2063 100000 SH DEFINED 011619 100000
BECKMAN INSTRUMENTS COM 075816108 7959 225000 SH DEFINED 0108 225000
BECKMAN INSTRUMENTS COM 075816108 4422 125000 SH DEFINED 0128 125000
BECKMAN INSTRUMENTS COM 075816108 8076 228200 SH DEFINED 0102 228200
BECKMAN INSTRUMENTS COM 075816108 7500 212000 SH DEFINED 0131 212000
BECKMAN INSTRUMENTS COM 075816108 318 9000 SH DEFINED 0103 9000
BECKMAN INSTRUMENTS COM 075816108 708 20000 SH DEFINED 01 20000
BECTON DICKINSON COM 075887109 365 4860 SH DEFINED 0103 4860
BED BATH & BEYOND IN COM 075896100 1979 51000 SH DEFINED 011619 51000
BED BATH & BEYOND IN COM 075896100 10208 263000 SH DEFINED 011614 263000
BELL ATLANTIC COM 077853109 2153 32199 SH DEFINED 0103 32199
BELL ATLANTIC NZ144A PREFERRED STOCK 07786G208 1105 10000 SH DEFINED 01 10000
BELL CABLEMEDIA COM 077910107 2560 160000 SH DEFINED 0130 160000
BELL SOUTH COM 079860102 34800 800000 SH DEFINED 0130 800000
BELL SOUTH COM 079860102 43500 1000000 SH DEFINED 0126 1000000
BELL SOUTH COM 079860102 17400 400000 SH DEFINED 0132 400000
BELL SOUTH COM 079860102 1253 28800 SH DEFINED 0125 28800
BELL SOUTH COM 079860102 20445 470000 SH DEFINED 0107 470000
BELL SOUTH COM 079860102 8700 200000 SH DEFINED 011618 200000
<PAGE> PAGE 11
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BELL SOUTH COM 079860102 1218 28000 SH DEFINED 011620 28000
BELL SOUTH COM 079860102 110768 2546060 SH DEFINED 0102 2546060
BELL SOUTH COM 079860102 3613 83052 SH DEFINED 0103 83052
BELL SOUTH COM 079860102 11768 270530 SH DEFINED 01 270530
A.H BELO SER A COM 080555105 25858 744100 SH DEFINED 0102 744100
A.H BELO SER A COM 080555105 733 21100 SH DEFINED 0103 21100
BEMIS CO. COM 081437105 97 3792 SH DEFINED 0103 3792
BENEFICIAL CORP COM 081721102 220 4724 SH DEFINED 0103 4724
BENSON EYECARE CORP COM 082484106 10580 1175500 SH DEFINED 011516 1175500
BERG ELECTRONICS HLD COM 083726109 4622 770400 SH DEFINED 0109 770400
BEST BUY CVT PFD CONV PFD STOCK 08651F200 10004 265000 SH DEFINED 0107 265000
BEST PRODUCTS COM 086553104 314 66202 SH DEFINED 0103 66202
BETHLEHEM STEEL COM 087509105 14000 1000000 SH DEFINED 0124 1000000
BETHLEHEM STEEL COM 087509105 1225 87500 SH DEFINED 0125 87500
BETHLEHEM STEEL COM 087509105 8487 606275 SH DEFINED 0102 606275
BETHLEHEM STEEL COM 087509105 111 7952 SH DEFINED 0103 7952
BETZ LABORATORIES COM 087779104 14670 357800 SH DEFINED 0131 357800
BETZ LABORATORIES COM 087779104 545 13300 SH DEFINED 0103 13300
BEVERLY ENTERPRISES COM 087851101 19314 1817800 SH DEFINED 011516 1817800
BEVERLY ENTERPRISES COM 087851101 80 7536 SH DEFINED 0103 7536
BIOGEN INC COM 090597105 1845 30000 SH DEFINED 011619 30000
BIOGEN INC COM 090597105 7688 125000 SH DEFINED 011614 125000
BIOMET COM 090613100 5363 300000 SH DEFINED 0108 300000
BIOMET COM 090613100 1287 72000 SH DEFINED 0125 72000
BIOMET COM 090613100 1966 110000 SH DEFINED 011619 110000
BIOMET COM 090613100 8580 480000 SH DEFINED 011614 480000
BIOMET COM 090613100 14917 834500 SH DEFINED 0102 834500
BIOMET COM 090613100 533 29783 SH DEFINED 0103 29783
BIO VASCULAR INC COM 090923103 1469 125000 SH DEFINED 011619 125000
BIRMINGHAM STEEL COR COM 091250100 14875 1000000 SH DEFINED 0111 1000000
BIRMINGHAM STEEL COR COM 091250100 2243 150800 SH DEFINED 011622 150800
BIRMINGHAM STEEL COR COM 091250100 4726 317700 SH DEFINED 011623 317700
BIRMINGHAM STEEL COR COM 091250100 54 3600 SH DEFINED 0102 3600
BLACK & DECKER COM 091797100 18330 520000 SH DEFINED 011618 520000
BLACK & DECKER COM 091797100 549 15562 SH DEFINED 0102 15562
BLACK & DECKER COM 091797100 221 6279 SH DEFINED 0103 6279
BLOCK H&R INC COM 093671105 16200 400000 SH DEFINED 0130 400000
BLOCK H&R INC COM 093671105 376 9282 SH DEFINED 0103 9282
BLONDER TONGUE LABS COM 093698108 341 35000 SH DEFINED 011614 35000
BOATMEN'S BANCSHARES COM 096650106 376 9197 SH DEFINED 0103 9197
BOEING COM 097023105 23513 300000 SH DEFINED 0130 300000
BOEING COM 097023105 9797 125000 SH DEFINED 0108 125000
BOEING COM 097023105 101888 1300000 SH DEFINED 0126 1300000
BOEING COM 097023105 8621 110000 SH DEFINED 0124 110000
BOEING COM 097023105 4397 56100 SH DEFINED 0125 56100
BOEING COM 097023105 2978 38000 SH DEFINED 011620 38000
BOEING COM 097023105 52777 673486 SH DEFINED 0102 673486
BOEING COM 097023105 4124 52606 SH DEFINED 0103 52606
BOEING COM 097023105 14264 182000 SH DEFINED 01 182000
BOISE CASCADE COM 097383103 121 3503 SH DEFINED 0103 3503
<PAGE> PAGE 12
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 43539 1521000 SH DEFINED 01 1521000
BOSTON CHICKENPUT/00 CONV BOND 100578AB9 13050 45000000 PRN DEFINED 0106 45000000
BOSTON CHICKENPUT/00 CONV BOND 100578AB9 5800 20000000 PRN DEFINED 011614 20000000
BOSTON CHICKEN COM 100578103 5461 170000 SH DEFINED 0108 170000
BOSTON CHICKEN COM 100578103 2249 70000 SH DEFINED 011619 70000
BOSTON CHICKEN COM 100578103 4819 150000 SH DEFINED 011614 150000
BOSTON CHICKEN COM 100578103 6656 207200 SH DEFINED 0102 207200
BOSTON CHICKEN COM 100578103 6515 202800 SH DEFINED 0131 202800
BOSTON CHICKEN COM 100578103 626 19500 SH DEFINED 0103 19500
BOSTON SCIENTIFIC COM 101137107 56350 1150000 SH DEFINED 0126 1150000
BOSTON SCIENTIFIC COM 101137107 7350 150000 SH DEFINED 0128 150000
BOSTON SCIENTIFIC COM 101137107 48535 990500 SH DEFINED 0111 990500
BOSTON SCIENTIFIC COM 101137107 1544 31500 SH DEFINED 0125 31500
BOSTON SCIENTIFIC COM 101137107 5880 120000 SH DEFINED 011622 120000
BOSTON SCIENTIFIC COM 101137107 12740 260000 SH DEFINED 011623 260000
BOSTON SCIENTIFIC COM 101137107 1901 38800 SH DEFINED 011619 38800
BOSTON SCIENTIFIC COM 101137107 8727 178100 SH DEFINED 011614 178100
BOSTON SCIENTIFIC COM 101137107 53527 1092392 SH DEFINED 0102 1092392
BOSTON SCIENTIFIC COM 101137107 26220 535100 SH DEFINED 0131 535100
BOSTON SCIENTIFIC COM 101137107 4156 84799 SH DEFINED 0103 84799
BOWLINE CORP COM 102596103 0 2 SH DEFINED 0102 2
BRIGGS & STRATTON COM 109043109 95 2190 SH DEFINED 0103 2190
BRINKER INT'L INC COM 109641100 7563 500000 SH DEFINED 011516 500000
BRISTOL MYERS SQUIBB COM 110122108 34350 400000 SH DEFINED 0113 400000
BRISTOL MYERS SQUIBB COM 110122108 13740 160000 SH DEFINED 0107 160000
BRISTOL MYERS SQUIBB COM 110122108 23616 275000 SH DEFINED 0131 275000
BRISTOL MYERS SQUIBB COM 110122108 4020 46807 SH DEFINED 0103 46807
BRITISH AWYS PLC ADR COM 110419306 29100 400000 SH DEFINED 0126 400000
BROADWAY & SEYMOUR I COM 111433108 3250 200000 SH DEFINED 011619 200000
BROADWAY & SEYMOUR I COM 111433108 7313 450000 SH DEFINED 011614 450000
BROCK CONTROL COM 111626107 1451 135000 SH DEFINED 011619 135000
BROOKLYN UNION GAS COM 114259104 8044 275000 SH DEFINED 0132 275000
BROWN FORMAN CL B COM 115637209 187 5121 SH DEFINED 0103 5121
BROWN GROUP INC COM 115657108 19 1329 SH DEFINED 0103 1329
BROWNING FERRIS IND COM 115885105 19016 644600 SH DEFINED 011516 644600
BROWNING FERRIS IND COM 115885105 459 15550 SH DEFINED 0103 15550
BROWNING FERRIS35.62 CONV PFD STOCK 115885600 12707 405000 SH DEFINED 0107 405000
BROWNING FERRIS35.62 CONV PFD STOCK 115885600 7059 225000 SH DEFINED 011516 225000
BRUNSWICK CORP COM 117043109 168 7015 SH DEFINED 0103 7015
BUFETE ADS COM 11942H100 8220 548000 SH DEFINED 0135 548000
BUFFETS INC COM 119882108 5500 400000 SH DEFINED 0128 400000
BURLINGTON N SANTA COM 12189T104 20 250 SH DEFINED 0102 250
BURLINGTON N SANTA COM 12189T104 549 7039 SH DEFINED 0103 7039
BURLINGTON RESOURCES COM 122014103 364 9275 SH DEFINED 0103 9275
CAI WIRELESS COM 12476P104 6738 700000 SH DEFINED 011516 700000
CBI INDUSTRIES 100 PREFERRED STOCK 124800301 5075 50000 SH DEFINED 0105 50000
CBL & ASSOCIATES COM 124830100 8700 400000 SH DEFINED 0113 400000
CIGNA CORP COM 125509109 554 5362 SH DEFINED 0103 5362
CKE RESTAURANTS INC. COM 12561E105 3252 203248 SH DEFINED 0103 203248
CMS ENERGY CORP COM 125896100 10456 350000 SH DEFINED 0132 350000
<PAGE> PAGE 13
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CMS ENERGY CORP COM 125896100 2988 100000 SH DEFINED 011618 100000
CMS ENERGY CORP COM 125896100 478 16000 SH DEFINED 011620 16000
CMS ENERGY CORP COM 125896100 3585 120000 SH DEFINED 01 120000
CMS ENERGY CLASS G COM 125896209 4719 250000 SH DEFINED 0132 250000
CPC INTL COM 126149103 740 10781 SH DEFINED 0103 10781
CRA BONUS SHS COM 126170976 711 48450 SH DEFINED 0112 48450
CRA BONUS SHS COM 126170976 811 55260 SH DEFINED 011617 55260
CSX CORP COM 126408103 82 1810 SH DEFINED 0102 1810
CSX CORP COM 126408103 709 15542 SH DEFINED 0103 15542
CUC INT'L INC COM 126545102 37538 1100000 SH DEFINED 0126 1100000
CUC INT'L INC COM 126545102 30327 888700 SH DEFINED 011618 888700
CUC INT'L INC COM 126545102 2218 65000 SH DEFINED 011619 65000
CUC INT'L INC COM 126545102 2832 83000 SH DEFINED 011614 83000
CUC INT'L INC COM 126545102 27833 815650 SH DEFINED 0102 815650
CUC INT'L INC COM 126545102 4228 123900 SH DEFINED 0131 123900
CUC INT'L INC COM 126545102 1423 41719 SH DEFINED 0103 41719
CABLETRON SYSTEMS COM 126920107 425 5251 SH DEFINED 0103 5251
CALI REALTY CORP COM 129909107 3719 170000 SH DEFINED 0107 170000
CALIFORNIA ENERGY COM 130190101 9750 500000 SH DEFINED 011618 500000
CAMCO COM 132632100 1960 70000 SH DEFINED 011619 70000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 3000 3000000 PRN DEFINED 0104 3000000
CAMERON ASHLEY COM 133290106 2563 250000 SH DEFINED 0128 250000
CAMPBELL SOUP COM 134429109 1103 18389 SH DEFINED 0103 18389
CANADIAN NT RAILWAY COM 136375201 5504 366900 SH DEFINED 0130 366900
CANNONDALE COM 137798104 927 58400 SH DEFINED 011619 58400
CANNONDALE COM 137798104 3478 219100 SH DEFINED 011614 219100
CAPEX GDR COM 139612105 5800 400000 SH DEFINED 0135 400000
CAPITAL CITIES/ABC COM 139859102 1398 11331 SH DEFINED 0103 11331
CAPITAL ONE FINL COR COM 14040H105 36 1528 SH DEFINED 0102 1528
CARDINAL DISTRIBUTIO COM 14149Y108 54750 1000000 SH DEFINED 011516 1000000
CARDINAL DISTRIBUTIO COM 14149Y108 8213 150000 SH DEFINED 011618 150000
CARDINAL DISTRIBUTIO COM 14149Y108 16 300 SH DEFINED 0102 300
CARDINAL DISTRIBUTIO COM 14149Y108 7435 135800 SH DEFINED 0131 135800
CARDINAL DISTRIBUTIO COM 14149Y108 411 7500 SH DEFINED 0103 7500
CAREER HORIZONS 144A CONV BOND 141672AA3 8456 7500000 PRN DEFINED 0106 7500000
CAREER HORIZONS 144A CONV BOND 141672AA3 7329 6500000 PRN DEFINED 011516 6500000
CAREER HORIZON COM 141672105 11813 350000 SH DEFINED 011516 350000
CAREMARK INT'L INC COM 141704106 14953 825000 SH DEFINED 0106 825000
CAREMARK INT'L INC COM 141704106 14500 800000 SH DEFINED 011516 800000
CAREMARK INT'L INC COM 141704106 399 21997 SH DEFINED 0102 21997
CARMIKE CINEMAS INC COM 143436103 5400 240000 SH DEFINED 0128 240000
CARNIVAL CORP COM 143658102 12188 500000 SH DEFINED 011516 500000
CAROLINA POWER & LT COM 144141108 396 11478 SH DEFINED 0103 11478
CASCADE COMM COM 147184105 8525 100000 SH DEFINED 0126 100000
CASCADE COMM COM 147184105 1705 20000 SH DEFINED 011619 20000
CASCADE COMM COM 147184105 8525 100000 SH DEFINED 011614 100000
CASCADE COMM COM 147184105 20655 242300 SH DEFINED 0102 242300
CASCADE COMM COM 147184105 12395 145400 SH DEFINED 0131 145400
CASCADE COMM COM 147184105 1211 14200 SH DEFINED 0103 14200
CASE CORP COM 14743R103 25163 550000 SH DEFINED 0126 550000
<PAGE> PAGE 14
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CASE CORP COM 14743R103 9150 200000 SH DEFINED 011614 200000
CASE CORP COM 14743R103 34100 745241 SH DEFINED 0102 745241
CASE CORP COM 14743R103 5522 120700 SH DEFINED 0131 120700
CASE CORP COM 14743R103 1267 27700 SH DEFINED 0103 27700
CASE CORP COM 14743R103 16951 370500 SH DEFINED 01 370500
CATERPILLAR INC COM 149123101 13219 225000 SH DEFINED 0130 225000
CATERPILLAR INC COM 149123101 19388 330000 SH DEFINED 0126 330000
CATERPILLAR INC COM 149123101 23500 400000 SH DEFINED 0111 400000
CATERPILLAR INC COM 149123101 35250 600000 SH DEFINED 0124 600000
CATERPILLAR INC COM 149123101 3437 58500 SH DEFINED 0125 58500
CATERPILLAR INC COM 149123101 4700 80000 SH DEFINED 011622 80000
CATERPILLAR INC COM 149123101 10575 180000 SH DEFINED 011623 180000
CATERPILLAR INC COM 149123101 14100 240000 SH DEFINED 011618 240000
CATERPILLAR INC COM 149123101 881 15000 SH DEFINED 011620 15000
CATERPILLAR INC COM 149123101 78670 1338783 SH DEFINED 0102 1338783
CATERPILLAR INC COM 149123101 2438 41487 SH DEFINED 0103 41487
CATERPILLAR INC COM 149123101 8098 137835 SH DEFINED 01 137835
CELCARIBE 144A COM 150898104 793 528450 SH DEFINED 0104 528450
CELCARIBE 144A COM 150898104 1427 951210 SH DEFINED 0109 951210
CELCARIBE 144A COM 150898104 415 276420 SH DEFINED 011621 276420
CEMEX 144A CONV BOND 151290AK9 21000 25000000 PRN DEFINED 011516 25000000
CENTEX CORPORATION COM 152312104 1738 50000 SH DEFINED 011619 50000
CENTEX CORPORATION COM 152312104 72 2068 SH DEFINED 0103 2068
CENTOCOR INC COM 152342101 40138 1300000 SH DEFINED 011516 1300000
CENTOCOR INC COM 152342101 898 29100 SH DEFINED 011619 29100
CENTOCOR INC COM 152342101 4042 130900 SH DEFINED 011614 130900
CENTOCOR INC COM 152342101 3763 121900 SH DEFINED 0102 121900
CENTOCOR INC COM 152342101 6175 200000 SH DEFINED 0131 200000
CENTOCOR INC COM 152342101 120 3900 SH DEFINED 0103 3900
CENTRAL & S W COM 152357109 7666 275000 SH DEFINED 0132 275000
CENTRAL & S W COM 152357109 396 14194 SH DEFINED 0103 14194
CENTRAL PARKING COM 154785109 1754 61000 SH DEFINED 011619 61000
CENTRAL PUERTO ADS COM 155038102 9500 500000 SH DEFINED 0130 500000
CENTRAL VT PUB SRV COM 155771108 5502 411373 SH DEFINED 0103 411373
CENTURY TELEPHONE EN COM 156686107 6668 210000 SH DEFINED 0128 210000
CENTURY TELEPHONE EN COM 156686107 15875 500000 SH DEFINED 0111 500000
CENTURY TELEPHONE EN COM 156686107 10055 316700 SH DEFINED 0132 316700
CENTURY TELEPHONE EN COM 156686107 6668 210000 SH DEFINED 011618 210000
CERIDIAN CORP COM 15677T106 4125 100000 SH DEFINED 0108 100000
CERIDIAN CORP COM 15677T106 41250 1000000 SH DEFINED 0126 1000000
CERIDIAN CORP COM 15677T106 12 300 SH DEFINED 0102 300
CERIDIAN CORP COM 15677T106 4888 118500 SH DEFINED 0131 118500
CERIDIAN CORP COM 15677T106 412 9983 SH DEFINED 0103 9983
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 25438 275000 SH DEFINED 0130 275000
CHAMPION INTL COM 158525105 126 3000 SH DEFINED 0125 3000
CHAMPION INTL COM 158525105 33600 800000 SH DEFINED 011516 800000
CHAMPION INTL COM 158525105 59 1400 SH DEFINED 0102 1400
CHAMPION INTL COM 158525105 298 7099 SH DEFINED 0103 7099
CHARTER ONE FINL INC COM 160903100 15 500 SH DEFINED 0102 500
CHARTER ONE FINL INC COM 160903100 4508 147200 SH DEFINED 0131 147200
<PAGE> PAGE 15
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CHARTER ONE FINL INC COM 160903100 254 8300 SH DEFINED 0103 8300
CHARMING SHOPPES COM 161133103 24 8295 SH DEFINED 0103 8295
CHASE MANHATTAN CORP COM 161610100 787 12987 SH DEFINED 0103 12987
CHECKFREE COM 162812101 8600 400000 SH DEFINED 011516 400000
CHECKFREE COM 162812101 1178 54800 SH DEFINED 011619 54800
CHECKFREE COM 162812101 135 6300 SH DEFINED 011620 6300
CHECKFREE COM 162812101 2746 127700 SH DEFINED 011614 127700
CHECKFREE COM 162812101 8256 384000 SH DEFINED 0102 384000
CHECKFREE COM 162812101 5455 253700 SH DEFINED 0131 253700
CHECKFREE COM 162812101 602 28000 SH DEFINED 0103 28000
CHEMICAL BKG CORP COM 163722101 1103 18772 SH DEFINED 0103 18772
CHEROKEE SERIES A WARRANT 16444L111 2 7450 SH DEFINED 0109 7450
CHEROKEE SERIES B WARRANT 16444L129 1 9165 SH DEFINED 0109 9165
CHEROKEE SERIES C WARRANT 16444L137 1 27492 SH DEFINED 0109 27492
CHEVRON CORP COM 166751107 2615 49800 SH DEFINED 0125 49800
CHEVRON CORP COM 166751107 736 14000 SH DEFINED 0102 14000
CHEVRON CORP COM 166751107 2542 48412 SH DEFINED 0103 48412
CHICAGO MINIATU LAMP COM 167781103 2070 90000 SH DEFINED 011619 90000
CHIRON COM 170040109 13620 123290 SH DEFINED 0102 123290
CHIRON COM 170040109 6199 56100 SH DEFINED 0131 56100
CHIRON COM 170040109 597 5400 SH DEFINED 0103 5400
CHIRON COM 170040109 608 5500 SH DEFINED 01 5500
CHRYSLER COM 171196108 3040 54900 SH DEFINED 0125 54900
CHRYSLER COM 171196108 16613 300000 SH DEFINED 011516 300000
CHRYSLER COM 171196108 554 10000 SH DEFINED 011620 10000
CHRYSLER COM 171196108 11534 208300 SH DEFINED 0102 208300
CHRYSLER COM 171196108 2953 53330 SH DEFINED 0103 53330
CHUBB CORP COM 171232101 610 6307 SH DEFINED 0103 6307
CIBER COM 17163B102 2630 112500 SH DEFINED 011516 112500
CINCINNATI BELL INC COM 171870108 15290 440000 SH DEFINED 0132 440000
CINCINNATI MILACRON COM 172172108 14438 550000 SH DEFINED 0106 550000
CINCINNATI MILACRON COM 172172108 1397 53200 SH DEFINED 0125 53200
CINCINNATI MILACRON COM 172172108 63580 2421933 SH DEFINED 0102 2421933
CINCINNATI MILACRON COM 172172108 1137 43337 SH DEFINED 0103 43337
CINCINNATI MILACRON COM 172172108 7174 273300 SH DEFINED 01 273300
CINERGY CORP COM 172474108 18375 600000 SH DEFINED 011618 600000
CINERGY CORP COM 172474108 349 11387 SH DEFINED 0103 11387
CIRCUIT CITY COM 172737108 199 7190 SH DEFINED 0103 7190
CISCO SYSTEMS COM 17275R102 22388 300000 SH DEFINED 0130 300000
CISCO SYSTEMS COM 17275R102 8582 115000 SH DEFINED 0108 115000
CISCO SYSTEMS COM 17275R102 223875 3000000 SH DEFINED 0126 3000000
CISCO SYSTEMS COM 17275R102 29850 400000 SH DEFINED 0111 400000
CISCO SYSTEMS COM 17275R102 74625 1000000 SH DEFINED 0124 1000000
CISCO SYSTEMS COM 17275R102 2679 35900 SH DEFINED 0125 35900
CISCO SYSTEMS COM 17275R102 7463 100000 SH DEFINED 011622 100000
CISCO SYSTEMS COM 17275R102 14925 200000 SH DEFINED 011623 200000
CISCO SYSTEMS COM 17275R102 7463 100000 SH DEFINED 011619 100000
CISCO SYSTEMS COM 17275R102 1493 20000 SH DEFINED 011620 20000
CISCO SYSTEMS COM 17275R102 32835 440000 SH DEFINED 011614 440000
CISCO SYSTEMS COM 17275R102 192106 2574166 SH DEFINED 0102 2574166
<PAGE> PAGE 16
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CISCO SYSTEMS COM 17275R102 18925 253600 SH DEFINED 0131 253600
CISCO SYSTEMS COM 17275R102 5865 78584 SH DEFINED 0103 78584
CISCO SYSTEMS COM 17275R102 18506 247985 SH DEFINED 01 247985
CIRCUS CIRCUS ENT COM 172909103 10453 375000 SH DEFINED 011516 375000
CITICORP COM 173034109 1453 21600 SH DEFINED 0130 21600
CITICORP COM 173034109 211838 3150000 SH DEFINED 0126 3150000
CITICORP COM 173034109 23538 350000 SH DEFINED 0124 350000
CITICORP COM 173034109 1547 23000 SH DEFINED 0125 23000
CITICORP COM 173034109 13450 200000 SH DEFINED 011618 200000
CITICORP COM 173034109 1601 23800 SH DEFINED 011620 23800
CITICORP COM 173034109 154492 2297280 SH DEFINED 0102 2297280
CITICORP COM 173034109 3642 54142 SH DEFINED 0103 54142
CITICORP COM 173034109 1883 28000 SH DEFINED 01 28000
CLAYTON HOMES INC COM 184190106 13359 625000 SH DEFINED 0108 625000
CLAYTON HOMES INC COM 184190106 20039 937500 SH DEFINED 0111 937500
CLAYTON HOMES INC COM 184190106 18703 875000 SH DEFINED 011618 875000
CLAYTON HOMES INC COM 184190106 58863 2753958 SH DEFINED 0102 2753958
CLEAR CHANNEL COMMUN COM 184502102 18223 413000 SH DEFINED 0102 413000
CLEAR CHANNEL COMMUN COM 184502102 565 12800 SH DEFINED 0103 12800
CLEVELAND-CLIFFS IRN COM 185896107 5535 135000 SH DEFINED 0128 135000
CLOROX CO. COM 189054109 279 3900 SH DEFINED 0125 3900
CLOROX CO. COM 189054109 15041 210000 SH DEFINED 0107 210000
CLOROX CO. COM 189054109 10744 150000 SH DEFINED 011618 150000
CLOROX CO. COM 189054109 96 1350 SH DEFINED 0102 1350
CLOROX CO. COM 189054109 396 5517 SH DEFINED 0103 5517
COASTAL CORP COM 190441105 290 7774 SH DEFINED 0103 7774
COCA-COLA COM 191216100 118800 1600000 SH DEFINED 0126 1600000
COCA-COLA COM 191216100 37125 500000 SH DEFINED 0111 500000
COCA-COLA COM 191216100 3252 43800 SH DEFINED 0125 43800
COCA-COLA COM 191216100 7395 99600 SH DEFINED 011622 99600
COCA-COLA COM 191216100 14820 199600 SH DEFINED 011623 199600
COCA-COLA COM 191216100 29700 400000 SH DEFINED 011618 400000
COCA-COLA COM 191216100 995 13400 SH DEFINED 011620 13400
COCA-COLA COM 191216100 27632 372145 SH DEFINED 0102 372145
COCA-COLA COM 191216100 8446 113747 SH DEFINED 0103 113747
FEMSA COKE COM 191241108 28675 1550000 SH DEFINED 011516 1550000
COHERENT INC COM 192479103 1782 44000 SH DEFINED 011619 44000
COHERENT INC COM 192479103 7898 195000 SH DEFINED 011614 195000
COLEMAN COMPANY INC COM 193559101 1173 33400 SH DEFINED 011620 33400
COLGATE-PALMOLIVE COM 194162103 756 10762 SH DEFINED 0103 10762
COLUMBIA GAS SYSTEM COM 197648108 21938 500000 SH DEFINED 0130 500000
COLUMBIA GAS SYSTEM COM 197648108 6581 150000 SH DEFINED 0132 150000
COLUMBIA GAS SYSTEM COM 197648108 163 3708 SH DEFINED 0103 3708
COLUMBIA HEALTHCARE COM 197677107 18904 372500 SH DEFINED 0130 372500
COLUMBIA HEALTHCARE COM 197677107 35525 700000 SH DEFINED 011618 700000
COLUMBIA HEALTHCARE COM 197677107 1269 25000 SH DEFINED 011620 25000
COLUMBIA HEALTHCARE COM 197677107 1703 33559 SH DEFINED 0102 33559
COLUMBIA HEALTHCARE COM 197677107 1667 32857 SH DEFINED 0103 32857
COMCAST CORP CVT CONV BOND 200300AQ4 9500 10000000 PRN DEFINED 011618 10000000
COMCAST CORP CONV BOND 200300AR2 37781 75000000 PRN DEFINED 011516 75000000
<PAGE> PAGE 17
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
COMCAST CORP CONV BOND 200300AR2 5038 10000000 PRN DEFINED 011618 10000000
COMCAST CORPORATION COM 200300101 36131 2050000 SH DEFINED 011516 2050000
COMCAST CORP CLA SPL COM 200300200 9094 500000 SH DEFINED 0124 500000
COMCAST CORP CLA SPL COM 200300200 16 900 SH DEFINED 0125 900
COMCAST CORP CLA SPL COM 200300200 9094 500000 SH DEFINED 011618 500000
COMCAST CORP CLA SPL COM 200300200 16 900 SH DEFINED 0102 900
COMCAST CORP CLA SPL COM 200300200 354 19444 SH DEFINED 0103 19444
COMERICA INC COM 200340107 320 7964 SH DEFINED 0103 7964
COMMERCE ASSET CONV BOND 200509AA5 1680 1500000 PRN DEFINED 0135 1500000
COMMERCIAL METALS COM 201723103 2475 100000 SH DEFINED 0111 100000
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 7529 73580 SH DEFINED 0105 73580
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 4289 41914 SH DEFINED 01 41914
COMMONWEALTH EDISON PREFERRED STOCK 2027953*9 7956 78000 SH DEFINED 0105 78000
COMMONWEALTH EDISON PREFERRED STOCK 202990925 3425 32853 SH DEFINED 01 32853
COMM&PWR IND 144A COM 20338A108 360 3500 SH DEFINED 0109 3500
COMMUNITY HEALTH SYS COM 203666102 14250 400000 SH DEFINED 0106 400000
COMMUNITY PSYCH CNTR COM 204015101 44100 3600000 SH DEFINED 011516 3600000
COMMUNITY PSYCH CNTR COM 204015101 41 3360 SH DEFINED 0103 3360
CHILE TELEPHONE CO COM 204449201 5801 70000 SH DEFINED 0135 70000
COMP NAVIERA PEREZ COM 204484109 10600 1000000 SH DEFINED 0135 1000000
COMPAQ COMPUTER CORP COM 204493100 26400 550000 SH DEFINED 0130 550000
COMPAQ COMPUTER CORP COM 204493100 7920 165000 SH DEFINED 0108 165000
COMPAQ COMPUTER CORP COM 204493100 19200 400000 SH DEFINED 0126 400000
COMPAQ COMPUTER CORP COM 204493100 24000 500000 SH DEFINED 0111 500000
COMPAQ COMPUTER CORP COM 204493100 52800 1100000 SH DEFINED 0124 1100000
COMPAQ COMPUTER CORP COM 204493100 2078 43300 SH DEFINED 0125 43300
COMPAQ COMPUTER CORP COM 204493100 4800 100000 SH DEFINED 011622 100000
COMPAQ COMPUTER CORP COM 204493100 9600 200000 SH DEFINED 011623 200000
COMPAQ COMPUTER CORP COM 204493100 14400 300000 SH DEFINED 011618 300000
COMPAQ COMPUTER CORP COM 204493100 1680 35000 SH DEFINED 011619 35000
COMPAQ COMPUTER CORP COM 204493100 7680 160000 SH DEFINED 011614 160000
COMPAQ COMPUTER CORP COM 204493100 279573 5824357 SH DEFINED 0102 5824357
COMPAQ COMPUTER CORP COM 204493100 8726 181800 SH DEFINED 0131 181800
COMPAQ COMPUTER CORP COM 204493100 4115 85720 SH DEFINED 0103 85720
COMPAQ COMPUTER CORP COM 204493100 29261 609600 SH DEFINED 01 609600
COMPUTATIONAL SYSTEM COM 204828107 1473 95000 SH DEFINED 011614 95000
COMPUTER ASSOC COM 204912109 8531 150000 SH DEFINED 0108 150000
COMPUTER ASSOC COM 204912109 91000 1600000 SH DEFINED 0126 1600000
COMPUTER ASSOC COM 204912109 56875 1000000 SH DEFINED 0124 1000000
COMPUTER ASSOC COM 204912109 3154 55450 SH DEFINED 0125 55450
COMPUTER ASSOC COM 204912109 8531 150000 SH DEFINED 011622 150000
COMPUTER ASSOC COM 204912109 21243 373500 SH DEFINED 011623 373500
COMPUTER ASSOC COM 204912109 12933 227400 SH DEFINED 011516 227400
COMPUTER ASSOC COM 204912109 26731 470000 SH DEFINED 011618 470000
COMPUTER ASSOC COM 204912109 162725 2861028 SH DEFINED 0102 2861028
COMPUTER ASSOC COM 204912109 4785 84138 SH DEFINED 0103 84138
COMPUTER ASSOC COM 204912109 18757 329800 SH DEFINED 01 329800
COMPUTER SCIENCES COM 205363104 73763 1050000 SH DEFINED 0126 1050000
COMPUTER SCIENCES COM 205363104 2740 39000 SH DEFINED 011620 39000
COMPUTER SCIENCES COM 205363104 12645 180000 SH DEFINED 011614 180000
<PAGE> PAGE 18
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
COMPUTER SCIENCES COM 205363104 28 400 SH DEFINED 0102 400
COMPUTER SCIENCES COM 205363104 11809 168100 SH DEFINED 0131 168100
COMPUTER SCIENCES COM 205363104 943 13425 SH DEFINED 0103 13425
CONAGRA COM 205887102 20625 500000 SH DEFINED 0130 500000
CONAGRA COM 205887102 13406 325000 SH DEFINED 0108 325000
CONAGRA COM 205887102 148500 3600000 SH DEFINED 0126 3600000
CONAGRA COM 205887102 12169 295000 SH DEFINED 0107 295000
CONAGRA COM 205887102 26813 650000 SH DEFINED 011618 650000
CONAGRA COM 205887102 50 1200 SH DEFINED 0102 1200
CONAGRA COM 205887102 848 20562 SH DEFINED 0103 20562
CONAGRA COM 205887102 9229 223730 SH DEFINED 01 223730
COMSHARE COM 205912108 1820 70000 SH DEFINED 011619 70000
CONCORDIA PAPER COM 206575102 866 110000 SH DEFINED 0128 110000
CONRAIL INC. COM 208368100 21000 300000 SH DEFINED 0130 300000
CONRAIL INC. COM 208368100 8750 125000 SH DEFINED 0108 125000
CONRAIL INC. COM 208368100 107833 1540160 SH DEFINED 0102 1540160
CONRAIL INC. COM 208368100 1170 16711 SH DEFINED 0103 16711
CONRAIL INC. COM 208368100 2030 29000 SH DEFINED 01 29000
CONSOLIDATED EDISON COM 209111103 81 2500 SH DEFINED 0102 2500
CONSOLIDATED EDISON COM 209111103 713 22296 SH DEFINED 0103 22296
CON FREIGHTWAYS COM 209237106 84 3186 SH DEFINED 0103 3186
CONSOLIDATED NAT GAS COM 209615103 310 6840 SH DEFINED 0103 6840
CONTROL DATA SYS INC COM 21238F106 6378 325000 SH DEFINED 011516 325000
COOPER INDUSTRIES COM 216669101 292 7948 SH DEFINED 0103 7948
CBE-WYMAN GORDON CONV PFD STOCK 216669606 19938 1450000 SH DEFINED 0130 1450000
COOPER TIRE & RUBBER COM 216831107 156 6327 SH DEFINED 0103 6327
COORS ADOLPH COM 217016104 1106 50000 SH DEFINED 011614 50000
COORS ADOLPH COM 217016104 62 2790 SH DEFINED 0103 2790
CORAM HEALTHCARE COR COM 218103109 17391 3975000 SH DEFINED 011516 3975000
CORDIANT COM 218514107 4000 1000000 SH DEFINED 011516 1000000
CORDIS CORP COM 218525103 5025 50000 SH DEFINED 0128 50000
CORDIS CORP COM 218525103 221 2200 SH DEFINED 0102 2200
CORESTATES FINANCIAL COM 218695104 382 10096 SH DEFINED 0103 10096
CORNING (DEL) MIPS PREFERRED STOCK 219319209 9823 195000 SH DEFINED 0107 195000
CORNING INC COM 219350105 547 17089 SH DEFINED 0103 17089
CORPORATE EXPRESS COM 219888104 2410 80000 SH DEFINED 011619 80000
CORPORATE EXPRESS COM 219888104 10694 355000 SH DEFINED 011614 355000
CORPORATE EXPRESS COM 219888104 598 19836 SH DEFINED 0102 19836
CORPORATE EXPRESS COM 219888104 6118 203100 SH DEFINED 0131 203100
CORPORATE EXPRESS COM 219888104 334 11100 SH DEFINED 0103 11100
COX BROADCAST COM 224044107 11700 600000 SH DEFINED 011516 600000
COX BROADCAST COM 224044107 18 900 SH DEFINED 0102 900
COX BROADCAST COM 224044107 6577 337300 SH DEFINED 0131 337300
COX BROADCAST COM 224044107 374 19200 SH DEFINED 0103 19200
CRANE CO. COM 224399105 83 2259 SH DEFINED 0103 2259
CRAY RESEARCH INC COM 225224104 46 1878 SH DEFINED 0103 1878
CREDENCE SYSTEMS COR COM 225302108 5719 250000 SH DEFINED 0106 250000
CREDITT LYON CAP COM 225386101 0 1 SH DEFINED 0103 1
CRESTAR FINANCIAL CO COM 226091106 8 133 SH DEFINED 0102 133
CROWN AMERICA COM 228186102 5987 760200 SH DEFINED 0113 760200
<PAGE> PAGE 19
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
CROWN CORK & SEAL COM 228255105 25050 600000 SH DEFINED 0130 600000
CROWN CORK & SEAL COM 228255105 10438 250000 SH DEFINED 0108 250000
CROWN CORK & SEAL COM 228255105 31313 750000 SH DEFINED 0124 750000
CROWN CORK & SEAL COM 228255105 8350 200000 SH DEFINED 011516 200000
CROWN CORK & SEAL COM 228255105 24215 580000 SH DEFINED 011618 580000
CROWN CORK & SEAL COM 228255105 501 12000 SH DEFINED 011620 12000
CROWN CORK & SEAL COM 228255105 73147 1751942 SH DEFINED 0102 1751942
CROWN CORK & SEAL COM 228255105 484 11596 SH DEFINED 0103 11596
CROWN CORK & SEAL COM 228255105 1002 24000 SH DEFINED 01 24000
CROWN PKG WTS WARRANT 228443115 100 10000 SH DEFINED 0109 10000
CROWN RESOURCES NEW COM 228569109 370 75000 SH DEFINED 0127 75000
CULLIGAN WATER COM 230029100 849 35000 SH DEFINED 011619 35000
CULLIGAN WATER COM 230029100 3880 160000 SH DEFINED 011614 160000
CULLIGAN WATER COM 230029100 3772 155500 SH DEFINED 0102 155500
CULLIGAN WATER COM 230029100 2372 97800 SH DEFINED 0131 97800
CULLIGAN WATER COM 230029100 272 11200 SH DEFINED 0103 11200
CUMMINS ENGINE COM 231021106 110 2970 SH DEFINED 0103 2970
CURATIVE TECHNOLOGIE COM 231264102 1995 140000 SH DEFINED 011619 140000
CURATIVE TECHNOLOGIE COM 231264102 5700 400000 SH DEFINED 011614 400000
CYPRUS AMAX MINERALS COM 232809103 178 6824 SH DEFINED 0103 6824
DQE COM 23329J104 7688 250000 SH DEFINED 0132 250000
DPL INC COM 233293109 11138 450000 SH DEFINED 0132 450000
DPL INC COM 233293109 12576 508117 SH DEFINED 0103 508117
DSC COMMUNICATIONS COM 233311109 18438 500000 SH DEFINED 0126 500000
DSC COMMUNICATIONS COM 233311109 155 4200 SH DEFINED 0125 4200
DSC COMMUNICATIONS COM 233311109 14750 400000 SH DEFINED 011618 400000
DSC COMMUNICATIONS COM 233311109 40 1100 SH DEFINED 0102 1100
DSC COMMUNICATIONS COM 233311109 343 9298 SH DEFINED 0103 9298
DST SYSTEMS COM 233326107 8550 300000 SH DEFINED 011516 300000
DST SYSTEMS COM 233326107 7705 270300 SH DEFINED 0102 270300
DST SYSTEMS COM 233326107 234 8200 SH DEFINED 0103 8200
DAIRY MART WARRANTS WARRANT 2338602*5 69 51666 SH DEFINED 0104 51666
DAIRY MART WARRANTS WARRANT 2338602*5 414 311333 SH DEFINED 0109 311333
DAIRY MART WARRANTS WARRANT 2338602*5 13 10000 SH DEFINED 011621 10000
DANA CORP COM 235811106 7313 250000 SH DEFINED 0108 250000
DANA CORP COM 235811106 23400 800000 SH DEFINED 0113 800000
DANA CORP COM 235811106 76 2600 SH DEFINED 0125 2600
DANA CORP COM 235811106 9 300 SH DEFINED 0102 300
DANA CORP COM 235811106 220 7527 SH DEFINED 0103 7527
DANAHER CORP COM 235851102 5398 170000 SH DEFINED 0128 170000
DANKA BUSINESS SYS P COM 236277109 29600 800000 SH DEFINED 0111 800000
DANKA BUSINESS SYS P COM 236277109 4995 135000 SH DEFINED 011622 135000
DANKA BUSINESS SYS P COM 236277109 11100 300000 SH DEFINED 011623 300000
DANKA BUSINESS SYS P COM 236277109 14800 400000 SH DEFINED 011614 400000
DANKA BUSINESS SYS P COM 236277109 222 6000 SH DEFINED 0102 6000
DARDEN RESTAURANT COM 237194105 138 11580 SH DEFINED 0103 11580
DATA BROADCASTING CO COM 237596101 2723 220000 SH DEFINED 011619 220000
DATA GENERAL COM 237688106 38 2758 SH DEFINED 0103 2758
DATA I/O COM 237690102 0 1 SH DEFINED 0103 1
DAYTON HUDSON CORP COM 239753106 28125 375000 SH DEFINED 0113 375000
<PAGE> PAGE 20
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DAYTON HUDSON CORP COM 239753106 6214 82815 SH DEFINED 0102 82815
DAYTON HUDSON CORP COM 239753106 22500 300000 SH DEFINED 0131 300000
DAYTON HUDSON CORP COM 239753106 1184 15782 SH DEFINED 0103 15782
DAYTON HUDSON CORP COM 239753106 1212 16165 SH DEFINED 01 16165
DEBEERS CONS MINES COM 240253302 6050 200000 SH DEFINED 0128 200000
DEAN WITTER COM 24240V101 61100 1300000 SH DEFINED 0126 1300000
DEAN WITTER COM 24240V101 381 8100 SH DEFINED 0125 8100
DEAN WITTER COM 24240V101 18800 400000 SH DEFINED 011618 400000
DEAN WITTER COM 24240V101 392 8370 SH DEFINED 0102 8370
DEAN WITTER COM 24240V101 4324 92000 SH DEFINED 0131 92000
DEAN WITTER COM 24240V101 997 21222 SH DEFINED 0103 21222
DEERE & COMPANY COM 244199105 18506 525000 SH DEFINED 0130 525000
DEERE & COMPANY COM 244199105 14100 400000 SH DEFINED 0126 400000
DEERE & COMPANY COM 244199105 37013 1050000 SH DEFINED 0111 1050000
DEERE & COMPANY COM 244199105 4463 126600 SH DEFINED 0125 126600
DEERE & COMPANY COM 244199105 6028 171000 SH DEFINED 011622 171000
DEERE & COMPANY COM 244199105 10364 294000 SH DEFINED 011623 294000
DEERE & COMPANY COM 244199105 7755 220000 SH DEFINED 011618 220000
DEERE & COMPANY COM 244199105 27461 779046 SH DEFINED 0102 779046
DEERE & COMPANY COM 244199105 3024 85796 SH DEFINED 0103 85796
DEERE & COMPANY COM 244199105 9726 275900 SH DEFINED 01 275900
DE RIGO SPA ADR COM 245334107 27 1200 SH DEFINED 01 1200
DELL COMPUTER CORP COM 247025109 20775 600000 SH DEFINED 0126 600000
DEL MARVA P&L COM 247109101 6825 300000 SH DEFINED 0132 300000
DELTA AIR LINES COM 247361108 30 400 SH DEFINED 0125 400
DELTA AIR LINES COM 247361108 7 100 SH DEFINED 0102 100
DELTA AIR LINES COM 247361108 278 3764 SH DEFINED 0103 3764
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 24433 411500 SH DEFINED 01 411500
DELUXE CORPORATION COM 248019101 14500 500000 SH DEFINED 011516 500000
DELUXE CORPORATION COM 248019101 176 6083 SH DEFINED 0103 6083
DEPARTMENT 56 COM 249509100 3838 100000 SH DEFINED 0128 100000
DEPARTMENT 56 COM 249509100 576 15000 SH DEFINED 011620 15000
DETROIT EDISON COM 250847100 373 10809 SH DEFINED 0103 10809
DEVELOPERS DIV RLTY CONV BOND 251591AA1 3500 3500000 PRN DEFINED 0104 3500000
DEVELOPERS DIV RLTY CONV BOND 251591AA1 1500 1500000 PRN DEFINED 011621 1500000
DEVON ENERGY COM 251799102 7013 275000 SH DEFINED 0106 275000
DEVON ENERGY COM 251799102 15939 625000 SH DEFINED 0102 625000
DEVON ENERGY COM 251799102 500 19600 SH DEFINED 0103 19600
DIAGNOSTIC RETR 144A CONV BOND 252456AB4 3000 3000000 PRN DEFINED 0104 3000000
DIAL PAGE WARRANTS WARRANT 252460993 0 18902 SH DEFINED 0109 18902
DIAL CORP ARIZONA COM 252470109 202 6834 SH DEFINED 0103 6834
DIAMOND MULTIMEDIA COM 252714100 2153 60000 SH DEFINED 011619 60000
DIAMOND MULTIMEDIA COM 252714100 6816 190000 SH DEFINED 011614 190000
DIAMOND MULTIMEDIA COM 252714100 8564 238700 SH DEFINED 0102 238700
DIAMOND MULTIMEDIA COM 252714100 265 7400 SH DEFINED 0103 7400
DIEBOLD INC. COM 253651103 3516 63500 SH DEFINED 0128 63500
DIGITAL EQUIPMENT COM 253849103 703 10959 SH DEFINED 0103 10959
DILLARD DEPT CLASS A COM 254063100 21375 750000 SH DEFINED 0124 750000
DILLARD DEPT CLASS A COM 254063100 242 8483 SH DEFINED 0103 8483
DISNEY WALT CO COM 254687106 29500 500000 SH DEFINED 0111 500000
<PAGE> PAGE 21
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DISNEY WALT CO COM 254687106 29500 500000 SH DEFINED 0124 500000
DISNEY WALT CO COM 254687106 425 7200 SH DEFINED 0125 7200
DISNEY WALT CO COM 254687106 5310 90000 SH DEFINED 011622 90000
DISNEY WALT CO COM 254687106 11800 200000 SH DEFINED 011623 200000
DISNEY WALT CO COM 254687106 11800 200000 SH DEFINED 011618 200000
DISNEY WALT CO COM 254687106 296 5000 SH DEFINED 0102 5000
DISNEY WALT CO COM 254687106 2348 39798 SH DEFINED 0103 39798
DR PEPPER BOTTLING COM 25612T103 450 100000 SH DEFINED 0109 100000
DOMINION RES INC VA COM 257470104 6188 150000 SH DEFINED 0132 150000
DOMINION RES INC VA COM 257470104 182 4400 SH DEFINED 0102 4400
DOMINION RES INC VA COM 257470104 890 21580 SH DEFINED 0103 21580
DONALDSON COM 257661108 9 300 SH DEFINED 0102 300
DONALDSON COM 257661108 3031 97000 SH DEFINED 0131 97000
DONALDSON COM 257661108 188 6000 SH DEFINED 0103 6000
DONNELLEY (RR)&SONS COM 257867101 102 2600 SH DEFINED 0125 2600
DONNELLEY (RR)&SONS COM 257867101 22 550 SH DEFINED 0102 550
DONNELLEY (RR)&SONS COM 257867101 446 11322 SH DEFINED 0103 11322
DOVATRON INERNAT'L COM 259859106 1350 40000 SH DEFINED 011619 40000
DOVER CORP COM 260003108 90429 2452334 SH DEFINED 0103 2452334
DOW CHEMICAL COM 260543103 33428 475000 SH DEFINED 0113 475000
DOW CHEMICAL COM 260543103 10204 145000 SH DEFINED 0107 145000
DOW CHEMICAL COM 260543103 22872 325000 SH DEFINED 0131 325000
DOW CHEMICAL COM 260543103 2230 31684 SH DEFINED 0103 31684
DOW CHEMICAL COM 260543103 6756 96000 SH DEFINED 01 96000
DOW JONES & CO COM 260561105 287 7207 SH DEFINED 0103 7207
DRESSER INDUSTRIES COM 261597108 326 13372 SH DEFINED 0103 13372
DRIEFONTEIN CON ADR COM 262026503 1238 100000 SH DEFINED 0127 100000
DREYFUS MONEY MARKET COM 262904204 4 3685 SH DEFINED 01 3685
E I DUPONT COM 263534109 20963 300000 SH DEFINED 0130 300000
E I DUPONT COM 263534109 9524 136345 SH DEFINED 0102 136345
E I DUPONT COM 263534109 3520 50379 SH DEFINED 0103 50379
DUKE POWER COMPANY COM 264399106 16581 350000 SH DEFINED 0113 350000
DUKE POWER COMPANY COM 264399106 9475 200000 SH DEFINED 0132 200000
DUKE POWER COMPANY COM 264399106 2037 43000 SH DEFINED 0125 43000
DUKE POWER COMPANY COM 264399106 11607 245000 SH DEFINED 0107 245000
DUKE POWER COMPANY COM 264399106 4738 100000 SH DEFINED 011618 100000
DUKE POWER COMPANY COM 264399106 1374 29000 SH DEFINED 011620 29000
DUKE POWER COMPANY COM 264399106 446 9400 SH DEFINED 0102 9400
DUKE POWER COMPANY COM 264399106 1132 23902 SH DEFINED 0103 23902
DUKE POWER COMPANY COM 264399106 2132 45000 SH DEFINED 01 45000
DUKE REALTY COM 264411505 6275 200000 SH DEFINED 0130 200000
DUKE REALTY COM 264411505 6432 205000 SH DEFINED 011618 205000
DUN & BRADSTREET CP COM 264830100 27519 425000 SH DEFINED 0113 425000
DUN & BRADSTREET CP COM 264830100 45325 700000 SH DEFINED 011516 700000
DUN & BRADSTREET CP COM 264830100 21044 325000 SH DEFINED 0131 325000
DUN & BRADSTREET CP COM 264830100 1573 24295 SH DEFINED 0103 24295
DURACELL COM 26633L103 38813 750000 SH DEFINED 0130 750000
DURACELL COM 26633L103 72450 1400000 SH DEFINED 0126 1400000
DURACELL COM 26633L103 31050 600000 SH DEFINED 0111 600000
DURACELL COM 26633L103 12938 250000 SH DEFINED 0124 250000
<PAGE> PAGE 22
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
DURACELL COM 26633L103 4119 79600 SH DEFINED 011622 79600
DURACELL COM 26633L103 9129 176400 SH DEFINED 011623 176400
DURACELL COM 26633L103 1811 35000 SH DEFINED 011619 35000
DURACELL COM 26633L103 2406 46500 SH DEFINED 011620 46500
DURACELL COM 26633L103 9056 175000 SH DEFINED 011614 175000
DURACELL COM 26633L103 32938 636452 SH DEFINED 0102 636452
DURACELL COM 26633L103 6702 129500 SH DEFINED 0131 129500
DURACELL COM 26633L103 1869 36100 SH DEFINED 0103 36100
DURACELL COM 26633L103 19215 371305 SH DEFINED 01 371305
ECI TELECOMMUNICATIO COM 268258100 288 12645 SH DEFINED 01 12645
E G & G INC COM 268457108 95 3904 SH DEFINED 0103 3904
ENSCO INTL INC COM 26874Q100 2070 90000 SH DEFINED 011619 90000
ENSCO INTL INC COM 26874Q100 9200 400000 SH DEFINED 011614 400000
ENSCO INTL INC COM 26874Q100 4466 194100 SH DEFINED 0102 194100
ENSCO INTL INC COM 26874Q100 145 6300 SH DEFINED 0103 6300
EASTERN ENTERPRISES COM 27637F100 52 1486 SH DEFINED 0103 1486
EASTMAN CHEMICAL CO COM 277432100 370 5914 SH DEFINED 0103 5914
EASTMAN KODAK COM 277461109 1683 25114 SH DEFINED 0103 25114
EATON CORP COM 278058102 309 5754 SH DEFINED 0103 5754
ECHLIN INC COM 278749106 124 3400 SH DEFINED 0125 3400
ECHLIN INC COM 278749106 48 1300 SH DEFINED 0102 1300
ECHLIN INC COM 278749106 226 6181 SH DEFINED 0103 6181
ECHO BAY MINES LTD COM 278751102 87 8386 SH DEFINED 0103 8386
ECOLAB, INC. COM 278865100 7800 260000 SH DEFINED 0128 260000
ECOLAB, INC. COM 278865100 78 2600 SH DEFINED 0125 2600
ECOLAB, INC. COM 278865100 30 1000 SH DEFINED 0102 1000
ECOLAB, INC. COM 278865100 8970 299000 SH DEFINED 0131 299000
ECOLAB, INC. COM 278865100 593 19781 SH DEFINED 0103 19781
ELAN CORP PLC ADR COM 284131208 1702 35000 SH DEFINED 011619 35000
ELAN CORP PLC ADR COM 284131208 6808 140000 SH DEFINED 011614 140000
ELECTRONIC ARTS INC COM 285512109 27 1020 SH DEFINED 01 1020
ELECTRO STAR COM 286164108 1509 175000 SH DEFINED 011614 175000
EMCOR Z WTS COM 29084Q134 0 3168 SH DEFINED 0103 3168
EMERSON ELECTRIC COM 291011104 16129 197300 SH DEFINED 0130 197300
EMERSON ELECTRIC COM 291011104 9524 116500 SH DEFINED 0108 116500
EMERSON ELECTRIC COM 291011104 24427 298800 SH DEFINED 0126 298800
EMERSON ELECTRIC COM 291011104 16129 197300 SH DEFINED 0113 197300
EMERSON ELECTRIC COM 291011104 6205 75900 SH DEFINED 0107 75900
EMERSON ELECTRIC COM 291011104 20438 250000 SH DEFINED 011516 250000
EMERSON ELECTRIC COM 291011104 30248 370000 SH DEFINED 011618 370000
EMERSON ELECTRIC COM 291011104 1521 18600 SH DEFINED 011620 18600
EMERSON ELECTRIC COM 291011104 25225 308595 SH DEFINED 0102 308595
EMERSON ELECTRIC COM 291011104 24525 300000 SH DEFINED 0131 300000
EMERSON ELECTRIC COM 291011104 2142 26199 SH DEFINED 0103 26199
EMERSON ELECTRIC COM 291011104 2453 30000 SH DEFINED 01 30000
EMMIS BROADCASTING C COM 291525103 2570 82900 SH DEFINED 011516 82900
EMMIS BROADCASTING C COM 291525103 515 16600 SH DEFINED 011619 16600
EMMIS BROADCASTING C COM 291525103 2145 69200 SH DEFINED 011614 69200
EMPI INC COM 291586105 1913 75000 SH DEFINED 011619 75000
EMPIRE DISTRICT ELEC COM 291641108 9455 528978 SH DEFINED 0103 528978
<PAGE> PAGE 23
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
EMPRESA NACIONAL DE COM 292447208 5725 100000 SH DEFINED 0132 100000
EMPRESAS ICA S COM 292448107 2050 200000 SH DEFINED 0128 200000
EMPRESAS ICA S COM 292448107 5140 501500 SH DEFINED 0112 501500
EMPRESAS ICA S COM 292448107 6150 600000 SH DEFINED 0135 600000
EMPRESAS ICA S COM 292448107 5673 553500 SH DEFINED 011617 553500
ENERGY BIO 144A $50 CONV PFD STOCK 29265L201 1542 35000 SH DEFINED 011614 35000
ENGELHARD CORP COM 292845104 224 10298 SH DEFINED 0103 10298
ENHANCE FINANCIAL SV COM 293310108 8230 309100 SH DEFINED 0128 309100
ENRON GLOBAL POWER COM 29356M100 10696 430000 SH DEFINED 0107 430000
ENRON CORP COM 293561106 76250 2000000 SH DEFINED 0126 2000000
ENRON CORP COM 293561106 11438 300000 SH DEFINED 0132 300000
ENRON CORP COM 293561106 22875 600000 SH DEFINED 0124 600000
ENRON CORP COM 293561106 10484 275000 SH DEFINED 0107 275000
ENRON CORP COM 293561106 19063 500000 SH DEFINED 011618 500000
ENRON CORP COM 293561106 1296 34000 SH DEFINED 011620 34000
ENRON CORP COM 293561106 10069 264105 SH DEFINED 0102 264105
ENRON CORP COM 293561106 5338 140000 SH DEFINED 0131 140000
ENRON CORP COM 293561106 1098 28774 SH DEFINED 0103 28774
ENRON CORP COM 293561106 572 15000 SH DEFINED 01 15000
ENRON OIL & GAS CO COM 293562104 10800 450000 SH DEFINED 0108 450000
ENRON OIL & GAS CO COM 293562104 33955 1414900 SH DEFINED 0102 1414900
ENRON OIL & GAS CO COM 293562104 10920 455000 SH DEFINED 0131 455000
ENRON OIL & GAS CO COM 293562104 1783 74300 SH DEFINED 0103 74300
ENSERCH CORP COM 293567103 80 4934 SH DEFINED 0103 4934
ENTERGY CORP COM 29364G103 486 16624 SH DEFINED 0103 16624
ENVOY CORP COM 293982104 13850 800000 SH DEFINED 011516 800000
ENVIRODYNE IND INC COM 294037205 2545 727116 SH DEFINED 0109 727116
ENVIRODYNE IND INC COM 294037205 318 90890 SH DEFINED 011621 90890
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 3998 30000 SH DEFINED 0104 30000
ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 18922 142000 SH DEFINED 0109 142000
EPIC VS LARGE CO COM 294299995 525 31250 SH DEFINED 0102 31250
EQUITABLE COMPANIES CONV BOND 29444GAE7 22925 20000000 PRN DEFINED 0130 20000000
EQUITABLE COMPANIES CONV BOND 29444GAE7 15474 13500000 PRN DEFINED 0124 13500000
EQUITABLE COS INC COM 29444G107 1 22 SH DEFINED 0116 22
EQUITY RESIDENTIAL COM 29476L107 6125 200000 SH DEFINED 0130 200000
EQUITY RESIDENTIAL COM 29476L107 6125 200000 SH DEFINED 0108 200000
EQUITY RESIDENTIAL COM 29476L107 16844 550000 SH DEFINED 0113 550000
EQUITY RESIDENTIAL COM 29476L107 4594 150000 SH DEFINED 0132 150000
EQUITY RESIDENTIAL COM 29476L107 9188 300000 SH DEFINED 011618 300000
ERICSSON LM 'B' ADR COM 294821400 23400 1200000 SH DEFINED 0111 1200000
ERICSSON LM 'B' ADR COM 294821400 3900 200000 SH DEFINED 0132 200000
ERICSSON LM 'B' ADR COM 294821400 4875 250000 SH DEFINED 011622 250000
ERICSSON LM 'B' ADR COM 294821400 11700 600000 SH DEFINED 011623 600000
ERICSSON LM 'B' ADR COM 294821400 5850 300000 SH DEFINED 011618 300000
ERICSSON LM 'B' ADR COM 294821400 10507 538622 SH DEFINED 0102 538622
ERICSSON LM 'B' ADR COM 294821400 819 42000 SH DEFINED 01 42000
ERICSSON LM ADR'S COM 294821509 24750 9000000 SH DEFINED 0130 9000000
ERICSSON LM ADR'S COM 294821509 20625 7500000 SH DEFINED 0124 7500000
ETHAN ALLEN COM 297602104 5094 250000 SH DEFINED 0128 250000
ETHYL CORP COM 297659104 3438 275000 SH DEFINED 0128 275000
<PAGE> PAGE 24
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
EXABYTE CORP COM 300615101 4534 310000 SH DEFINED 0128 310000
EXABYTE CORP COM 300615101 8775 600000 SH DEFINED 0106 600000
EXABYTE CORP COM 300615101 1771 121100 SH DEFINED 011619 121100
EXABYTE CORP COM 300615101 7735 528900 SH DEFINED 011614 528900
EXXON COM 302290101 80125 1000000 SH DEFINED 0126 1000000
EXXON COM 302290101 13221 165000 SH DEFINED 0107 165000
EXXON COM 302290101 1603 20000 SH DEFINED 011620 20000
EXXON COM 302290101 33655 420064 SH DEFINED 0102 420064
EXXON COM 302290101 7321 91373 SH DEFINED 0103 91373
EXXON COM 302290101 7692 96000 SH DEFINED 01 96000
EYE CARE CTR WTS'03 WARRANT 302294137 50 5000 SH DEFINED 0104 5000
EYE CARE CTR WTS'03 WARRANT 302294137 30 3000 SH DEFINED 011621 3000
F & M BANCORPORATION COM 302371109 965 37100 SH DEFINED 0128 37100
FCFT INC COM 30241V107 18 554 SH DEFINED 0102 554
FMC CORP COM 302491303 184 2720 SH DEFINED 0103 2720
FPA MEDICAL MGMT INC COM 302543103 5625 600000 SH DEFINED 011516 600000
FPL GROUP INC. COM 302571104 11594 250000 SH DEFINED 0132 250000
FPL GROUP INC. COM 302571104 5797 125000 SH DEFINED 0124 125000
FPL GROUP INC. COM 302571104 11362 245000 SH DEFINED 0107 245000
FPL GROUP INC. COM 302571104 18550 400000 SH DEFINED 011618 400000
FPL GROUP INC. COM 302571104 1159 25000 SH DEFINED 011620 25000
FPL GROUP INC. COM 302571104 631 13607 SH DEFINED 0103 13607
FTP SOFTWARE COM 302660105 15950 550000 SH DEFINED 0106 550000
FTP SOFTWARE COM 302660105 14500 500000 SH DEFINED 011516 500000
FTP SOFTWARE COM 302660105 3335 115000 SH DEFINED 01 115000
FEDERAL EXPRESS COM 313309106 81 1100 SH DEFINED 0125 1100
FEDERAL EXPRESS COM 313309106 12559 170000 SH DEFINED 011618 170000
FEDERAL EXPRESS COM 313309106 28 400 SH DEFINED 0102 400
FEDERAL EXPRESS COM 313309106 334 4518 SH DEFINED 0103 4518
FED HOME LOAN MTG CP COM 313400301 501 6000 SH DEFINED 0125 6000
FED HOME LOAN MTG CP COM 313400301 149 1800 SH DEFINED 0102 1800
FED HOME LOAN MTG CP COM 313400301 1565 18741 SH DEFINED 0103 18741
FEDERAL NATL MTGE COM 313586109 22343 180000 SH DEFINED 011618 180000
FEDERAL NATL MTGE COM 313586109 69565 560448 SH DEFINED 0102 560448
FEDERAL NATL MTGE COM 313586109 3825 30816 SH DEFINED 0103 30816
FEDERAL PAPER BOARD COM 313693103 181 3493 SH DEFINED 0103 3493
FEDERAL SIGNAL CORP COM 313855108 2148 83000 SH DEFINED 011620 83000
FEDERATED DPT STORES COM 31410H101 19250 700000 SH DEFINED 011516 700000
FEDERATED DPT STORES COM 31410H101 393 14300 SH DEFINED 0103 14300
FEDERATED DPT STORES COM 31410H101 7838 285000 SH DEFINED 01 285000
FEDERATED DPT RES WARRANT 31410J115 292 72890 SH DEFINED 0109 72890
FEDERATED DPT RES WARRANT 31410J115 24 6000 SH DEFINED 011621 6000
FELCOR HOTEL COM 314305103 5134 185000 SH DEFINED 0107 185000
FIDELITY MAGELLAN FD COM 316184100 4 52 SH DEFINED 01 52
FIRST AMERICAN CORP/ COM 318900107 6869 145000 SH DEFINED 0128 145000
FIRST BANK SYSTEM COM 319279105 150 3000 SH DEFINED 0102 3000
FIRST BANK SYSTEM COM 319279105 478 9625 SH DEFINED 0103 9625
FIRST CHICAGO NBD COM 31945A100 35748 905000 SH DEFINED 0130 905000
FIRST CHICAGO NBD COM 31945A100 9085 230000 SH DEFINED 0108 230000
FIRST CHICAGO NBD COM 31945A100 71495 1810000 SH DEFINED 0126 1810000
<PAGE> PAGE 25
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FIRST CHICAGO NBD COM 31945A100 28598 724000 SH DEFINED 0111 724000
FIRST CHICAGO NBD COM 31945A100 16086 407250 SH DEFINED 0124 407250
FIRST CHICAGO NBD COM 31945A100 1080 27331 SH DEFINED 0125 27331
FIRST CHICAGO NBD COM 31945A100 16801 425350 SH DEFINED 0107 425350
FIRST CHICAGO NBD COM 31945A100 7128 180457 SH DEFINED 011622 180457
FIRST CHICAGO NBD COM 31945A100 15850 401277 SH DEFINED 011623 401277
FIRST CHICAGO NBD COM 31945A100 27650 700000 SH DEFINED 011516 700000
FIRST CHICAGO NBD COM 31945A100 29625 750000 SH DEFINED 011618 750000
FIRST CHICAGO NBD COM 31945A100 140293 3551695 SH DEFINED 0102 3551695
FIRST CHICAGO NBD COM 31945A100 5670 143533 SH DEFINED 0131 143533
FIRST CHICAGO NBD COM 31945A100 3280 83033 SH DEFINED 0103 83033
FIRST CHICAGO NBD COM 31945A100 7717 195370 SH DEFINED 01 195370
FIRST CHI SRV 50 NBD CONV PFD STOCK 31945A407 73941 1103600 SH DEFINED 01 1103600
1ST CHICAGO NXTL NBD CONV PFD STOCK 31945A803 16200 900000 SH DEFINED 0130 900000
1ST CHICAGO NXTL NBD CONV PFD STOCK 31945A803 27769 1542700 SH DEFINED 011516 1542700
FIRST DATA CORP COM 319963104 140504 2101000 SH DEFINED 0126 2101000
FIRST DATA CORP COM 319963104 42423 634360 SH DEFINED 0111 634360
FIRST DATA CORP COM 319963104 6703 100228 SH DEFINED 011622 100228
FIRST DATA CORP COM 319963104 14933 223294 SH DEFINED 011623 223294
FIRST DATA CORP COM 319963104 26750 400000 SH DEFINED 011516 400000
FIRST DATA CORP COM 319963104 25413 380000 SH DEFINED 011618 380000
FIRST DATA CORP COM 319963104 2006 30000 SH DEFINED 011619 30000
FIRST DATA CORP COM 319963104 13997 209295 SH DEFINED 011614 209295
FIRST DATA CORP COM 319963104 27537 411691 SH DEFINED 0102 411691
FIRST DATA CORP COM 319963104 7954 118942 SH DEFINED 0131 118942
FIRST INTERSTATE BAN COM 320548100 764 5596 SH DEFINED 0103 5596
FIRST MISS CORP COM 320891104 663 25000 SH DEFINED 0127 25000
FIRST UNION CORP COM 337358105 27813 500000 SH DEFINED 0113 500000
FIRST UNION CORP COM 337358105 1519 27300 SH DEFINED 0125 27300
FIRST UNION CORP COM 337358105 19191 345000 SH DEFINED 0107 345000
FIRST UNION CORP COM 337358105 485 8730 SH DEFINED 0102 8730
FIRST UNION CORP COM 337358105 23641 425000 SH DEFINED 0131 425000
FIRST UNION CORP COM 337358105 2065 37128 SH DEFINED 0103 37128
FIRSTMISS GOLD INC COM 33761W109 11125 500000 SH DEFINED 0130 500000
FIRSTMISS GOLD INC COM 33761W109 2225 100000 SH DEFINED 0127 100000
FISERV INC COM 337738108 30000 1000000 SH DEFINED 011516 1000000
FISHER SCIENTIFIC IN COM 338032105 10013 300000 SH DEFINED 011516 300000
FLEET FINANCIAL GRP COM 338915101 23297 571700 SH DEFINED 0113 571700
FLEET FINANCIAL GRP COM 338915101 19796 485800 SH DEFINED 0131 485800
FLEET FINANCIAL GRP COM 338915101 1476 36219 SH DEFINED 0103 36219
FLEETWOOD ENTERPRISE COM 339099103 88 3414 SH DEFINED 0103 3414
FLETCHER CHAL FOREST COM 339101982 603 422849 SH DEFINED 0112 422849
FLETCHER CHAL FOREST COM 339101982 660 462988 SH DEFINED 011617 462988
FLEMING CO COM 339130106 57 2752 SH DEFINED 0103 2752
FLORIDA PROGRESS COM 341109106 1238 35000 SH DEFINED 01 35000
FLUOR CORP COM 343861100 11220 170000 SH DEFINED 0108 170000
FLUOR CORP COM 343861100 44220 670000 SH DEFINED 0126 670000
FLUOR CORP COM 343861100 16500 250000 SH DEFINED 0111 250000
FLUOR CORP COM 343861100 13 200 SH DEFINED 0125 200
FLUOR CORP COM 343861100 3300 50000 SH DEFINED 011622 50000
<PAGE> PAGE 26
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
FLUOR CORP COM 343861100 6600 100000 SH DEFINED 011623 100000
FLUOR CORP COM 343861100 8580 130000 SH DEFINED 011614 130000
FLUOR CORP COM 343861100 731 11083 SH DEFINED 0102 11083
FLUOR CORP COM 343861100 5207 78900 SH DEFINED 0131 78900
FLUOR CORP COM 343861100 686 10395 SH DEFINED 0103 10395
FOOD LION INC CL A COM 344775200 19444 3400000 SH DEFINED 011516 3400000
FOODMAKER INC WARRANT 344839113 119 7000 SH DEFINED 0109 7000
FORD MOTOR COM 345370100 27550 950000 SH DEFINED 0113 950000
FORD MOTOR COM 345370100 3489 120300 SH DEFINED 0125 120300
FORD MOTOR COM 345370100 14935 515000 SH DEFINED 0107 515000
FORD MOTOR COM 345370100 2320 80000 SH DEFINED 011622 80000
FORD MOTOR COM 345370100 5220 180000 SH DEFINED 011623 180000
FORD MOTOR COM 345370100 25375 875000 SH DEFINED 011516 875000
FORD MOTOR COM 345370100 7656 263760 SH DEFINED 0102 263760
FORD MOTOR COM 345370100 20300 700000 SH DEFINED 0131 700000
FORD MOTOR COM 345370100 4705 162250 SH DEFINED 0103 162250
FORD MOTOR COM 345370100 4002 138000 SH DEFINED 01 138000
FORD MOTOR CO $50 CONV PFD STOCK 345370209 28 300 SH DEFINED 0102 300
FORE SYSTEMS COM 345449102 2678 45000 SH DEFINED 011619 45000
FORE SYSTEMS COM 345449102 10710 180000 SH DEFINED 011614 180000
FORE SYSTEMS COM 345449102 14959 251400 SH DEFINED 0102 251400
FORE SYSTEMS COM 345449102 10115 170000 SH DEFINED 0131 170000
FORE SYSTEMS COM 345449102 1119 18800 SH DEFINED 0103 18800
FOREST LABS COM 345838106 13996 309300 SH DEFINED 0130 309300
FOREST LABS COM 345838106 20363 450000 SH DEFINED 011516 450000
FOREST LABS COM 345838106 769 17000 SH DEFINED 011620 17000
FOSTER WHEELER COM 350244109 110 2587 SH DEFINED 0103 2587
FOUNDATION HEALTH CO COM 350401105 2025 47100 SH DEFINED 011619 47100
FOUNDATION HEALTH CO COM 350401105 9297 216200 SH DEFINED 011614 216200
FOUNDATION HEALTH CO COM 350401105 3809 88572 SH DEFINED 01 88572
FRACTAL DESIGN COM 351681101 1260 90000 SH DEFINED 011619 90000
FRAMLINGTON MAGHREB COM 351689997 2151 47400 SH DEFINED 0112 47400
FRAMLINGTON MAGHREB COM 351689997 2269 50000 SH DEFINED 011617 50000
FRANKLIN CUSTODY FD COM 353496607 0 31 SH DEFINED 01 31
FREE ST CON GLD MINE COM 356142208 363 50000 SH DEFINED 0127 50000
FREEPORT COPPER "B" COM 35671D857 28125 1000000 SH DEFINED 0130 1000000
FREEPORT COPPER "B" COM 35671D857 11842 421040 SH DEFINED 0124 421040
FREEPORT COPPER "B" COM 35671D857 6328 225000 SH DEFINED 0127 225000
FREEPORT COPPER "B" COM 35671D857 11250 400000 SH DEFINED 011618 400000
FREEPORT COPPER "B" COM 35671D857 426 15130 SH DEFINED 0103 15130
FRUIT OF THE LOOM A COM 359416104 137 5602 SH DEFINED 0103 5602
FUSION SYSTEMS COM 361129109 12600 450000 SH DEFINED 0106 450000
FUSION SYSTEMS COM 361129109 3752 134000 SH DEFINED 01 134000
GATX CORP COM 361448103 19450 400000 SH DEFINED 0113 400000
GEICO CORP. COM 361582109 35 500 SH DEFINED 0102 500
GNI GROUP COM 362022105 2845 429467 SH DEFINED 0135 429467
GT BIKE COM 36229H101 1156 125000 SH DEFINED 011619 125000
GTE CORP COM 362320103 22000 500000 SH DEFINED 0113 500000
GTE CORP COM 362320103 18700 425000 SH DEFINED 0132 425000
GTE CORP COM 362320103 1179 26800 SH DEFINED 0125 26800
<PAGE> PAGE 27
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GTE CORP COM 362320103 19140 435000 SH DEFINED 0107 435000
GTE CORP COM 362320103 17600 400000 SH DEFINED 011618 400000
GTE CORP COM 362320103 145 3300 SH DEFINED 0102 3300
GTE CORP COM 362320103 3169 72020 SH DEFINED 0103 72020
GABLE RESIDENTIAL COM 362418105 9150 400000 SH DEFINED 0113 400000
GABLE RESIDENTIAL COM 362418105 3431 150000 SH DEFINED 0107 150000
GANDALF TECHNOLOGIES COM 364717108 3400 200000 SH DEFINED 011619 200000
GANNETT CO INC COM 364730101 32222 525000 SH DEFINED 0113 525000
GANNETT CO INC COM 364730101 10127 165000 SH DEFINED 0107 165000
GANNETT CO INC COM 364730101 42963 700000 SH DEFINED 011516 700000
GANNETT CO INC COM 364730101 24550 400000 SH DEFINED 0131 400000
GANNETT CO INC COM 364730101 1555 25324 SH DEFINED 0103 25324
GAP INC., THE COM 364760108 31500 750000 SH DEFINED 0130 750000
GAP INC., THE COM 364760108 7140 170000 SH DEFINED 0108 170000
GAP INC., THE COM 364760108 546 13000 SH DEFINED 0125 13000
GAP INC., THE COM 364760108 1680 40000 SH DEFINED 011620 40000
GAP INC., THE COM 364760108 22434 534120 SH DEFINED 0102 534120
GAP INC., THE COM 364760108 451 10734 SH DEFINED 0103 10734
GAP INC., THE COM 364760108 966 23000 SH DEFINED 01 23000
GART GROUP COM 366651107 26474 553000 SH DEFINED 0102 553000
GART GROUP COM 366651107 5429 113400 SH DEFINED 0131 113400
GART GROUP COM 366651107 1149 24000 SH DEFINED 0103 24000
GATEWAY 2000 COM 367833100 2156 88000 SH DEFINED 011619 88000
GATEWAY 2000 COM 367833100 9555 390000 SH DEFINED 011614 390000
GAYLORD ENTERTAINMEN COM 367901105 11794 425000 SH DEFINED 011516 425000
GAYLORD ENTERTAINMEN COM 367901105 4708 169642 SH DEFINED 0102 169642
GAYLORD ENTERTAINMEN COM 367901105 4712 169800 SH DEFINED 0131 169800
GAYLORD ENTERTAINMEN COM 367901105 392 14100 SH DEFINED 0103 14100
GAYLORD CONTAINER COM 368145108 3527 437500 SH DEFINED 0109 437500
GAYLORD CONTAIN WTS WARRANT 368145116 4219 562500 SH DEFINED 0109 562500
GENENTECH SPEC COM COM 368710307 53000 1000000 SH DEFINED 011516 1000000
GENENTECH SPEC COM COM 368710307 13267 250280 SH DEFINED 0102 250280
GENERAL CABLE PLC COM 36930Q101 13650 910000 SH DEFINED 0130 910000
GENERAL CABLE PLC COM 36930Q101 12450 830000 SH DEFINED 0124 830000
GENERAL DYNAMICS COM 369550108 11825 200000 SH DEFINED 0130 200000
GENERAL DYNAMICS COM 369550108 751 12700 SH DEFINED 0125 12700
GENERAL DYNAMICS COM 369550108 8869 150000 SH DEFINED 011618 150000
GENERAL DYNAMICS COM 369550108 338 5700 SH DEFINED 0102 5700
GENERAL DYNAMICS COM 369550108 759 12826 SH DEFINED 0103 12826
GENERAL ELECTRIC COM 369604103 37800 525000 SH DEFINED 0130 525000
GENERAL ELECTRIC COM 369604103 180000 2500000 SH DEFINED 0126 2500000
GENERAL ELECTRIC COM 369604103 36000 500000 SH DEFINED 0113 500000
GENERAL ELECTRIC COM 369604103 50400 700000 SH DEFINED 0124 700000
GENERAL ELECTRIC COM 369604103 13082 181700 SH DEFINED 0125 181700
GENERAL ELECTRIC COM 369604103 19440 270000 SH DEFINED 0107 270000
GENERAL ELECTRIC COM 369604103 72000 1000000 SH DEFINED 011618 1000000
GENERAL ELECTRIC COM 369604103 284303 3948660 SH DEFINED 0102 3948660
GENERAL ELECTRIC COM 369604103 25200 350000 SH DEFINED 0131 350000
GENERAL ELECTRIC COM 369604103 17105 237571 SH DEFINED 0103 237571
GENERAL ELECTRIC COM 369604103 30690 426255 SH DEFINED 01 426255
<PAGE> PAGE 28
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GENERAL INSTRUMENT C COM 370121105 3506 150000 SH DEFINED 011618 150000
GENERAL INSTRUMENT C COM 370121105 678 29000 SH DEFINED 011620 29000
GENERAL INSTRUMENT C COM 370121105 9124 390320 SH DEFINED 0102 390320
GENERAL INSTRUMENT C COM 370121105 162 6950 SH DEFINED 0103 6950
GENERAL INSTRUMENT C COM 370121105 7808 334000 SH DEFINED 01 334000
GENERAL MILLS COM 370334104 23100 400000 SH DEFINED 0130 400000
GENERAL MILLS COM 370334104 46200 800000 SH DEFINED 011516 800000
GENERAL MILLS COM 370334104 674 11672 SH DEFINED 0103 11672
GENERAL MOTORS COM 370442105 10575 200000 SH DEFINED 0130 200000
GENERAL MOTORS COM 370442105 33047 625000 SH DEFINED 0113 625000
GENERAL MOTORS COM 370442105 10575 200000 SH DEFINED 0124 200000
GENERAL MOTORS COM 370442105 5478 103600 SH DEFINED 0125 103600
GENERAL MOTORS COM 370442105 37013 700000 SH DEFINED 011516 700000
GENERAL MOTORS COM 370442105 635 12000 SH DEFINED 011620 12000
GENERAL MOTORS COM 370442105 119350 2257189 SH DEFINED 0102 2257189
GENERAL MOTORS COM 370442105 26438 500000 SH DEFINED 0131 500000
GENERAL MOTORS COM 370442105 6501 122951 SH DEFINED 0103 122951
GENERAL MOTORS COM 370442105 8063 152500 SH DEFINED 01 152500
GENERAL MOTORS CL E COM 370442402 23400 450000 SH DEFINED 0130 450000
GENERAL MOTORS CL H COM 370442501 29475 600000 SH DEFINED 0130 600000
GENERAL MOTORS CL H COM 370442501 835 17000 SH DEFINED 011620 17000
GENERAL MTRS DEP SHR CONV PFD STOCK 370442873 21975 300000 SH DEFINED 0130 300000
GENERAL NUTRITION IN COM 37047F103 514 22358 SH DEFINED 0102 22358
GEN PUB UTILITIES COM 370550105 20400 600000 SH DEFINED 0113 600000
GEN PUB UTILITIES COM 370550105 13600 400000 SH DEFINED 0132 400000
GEN PUB UTILITIES COM 370550105 853 25100 SH DEFINED 0125 25100
GEN PUB UTILITIES COM 370550105 3400 100000 SH DEFINED 011618 100000
GEN PUB UTILITIES COM 370550105 204 6000 SH DEFINED 0102 6000
GEN PUB UTILITIES COM 370550105 13600 400000 SH DEFINED 0131 400000
GEN PUB UTILITIES COM 370550105 1037 30495 SH DEFINED 0103 30495
GENERAL RE CORP COM 370563108 34875 225000 SH DEFINED 0130 225000
GENERAL RE CORP COM 370563108 77500 500000 SH DEFINED 0126 500000
GENERAL RE CORP COM 370563108 31000 200000 SH DEFINED 0124 200000
GENERAL RE CORP COM 370563108 5797 37400 SH DEFINED 0125 37400
GENERAL RE CORP COM 370563108 27900 180000 SH DEFINED 011618 180000
GENERAL RE CORP COM 370563108 19763 127454 SH DEFINED 0102 127454
GENERAL RE CORP COM 370563108 3496 22552 SH DEFINED 0103 22552
GENERAL RE CORP COM 370563108 4827 31139 SH DEFINED 01 31139
GENERAL SIGNAL COM 370838104 11590 358000 SH DEFINED 0113 358000
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GENERAL SIGNAL COM 370838104 12464 385000 SH DEFINED 0131 385000
GENERAL SIGNAL COM 370838104 585 18063 SH DEFINED 0103 18063
GENTEX CORP COM 371901109 4400 200000 SH DEFINED 0111 200000
GENTEX CORP COM 371901109 132 6000 SH DEFINED 0102 6000
GENESIS HEALTH VENT COM 371912106 6388 175000 SH DEFINED 0106 175000
GENUINE PARTS COM 372460105 24600 600000 SH DEFINED 0130 600000
GENUINE PARTS COM 372460105 26650 650000 SH DEFINED 0113 650000
GENUINE PARTS COM 372460105 9840 240000 SH DEFINED 0107 240000
GENUINE PARTS COM 372460105 21525 525000 SH DEFINED 0131 525000
<PAGE> PAGE 29
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GENUINE PARTS COM 372460105 1163 28372 SH DEFINED 0103 28372
GENUINE PARTS COM 372460105 5940 144875 SH DEFINED 01 144875
GENZYME CORP COM 372917104 1871 30000 SH DEFINED 011619 30000
GENZYME CORP COM 372917104 8109 130000 SH DEFINED 011614 130000
GENZYME CORP COM 372917104 19 300 SH DEFINED 0102 300
GENZYME CORP COM 372917104 6774 108600 SH DEFINED 0131 108600
GENZYME CORP COM 372917104 387 6200 SH DEFINED 0103 6200
GEORGIA PACIFIC COM 373298108 13725 200000 SH DEFINED 0124 200000
GEORGIA PACIFIC COM 373298108 458 6680 SH DEFINED 0103 6680
GEOTEK COMM WTS COM 373654136 1545 772500 SH DEFINED 0109 772500
GEOTEK COMM WTS COM 373654136 300 150000 SH DEFINED 011621 150000
GIANT FOOD CL A COM 374478105 136 4312 SH DEFINED 0103 4312
GIDDINGS & LEWIS WIS COM 375048105 24750 1500000 SH DEFINED 011516 1500000
GIDDINGS & LEWIS WIS COM 375048105 42 2528 SH DEFINED 0103 2528
GILEAD SCIENCES COM 375558103 2560 80000 SH DEFINED 011619 80000
GILEAD SCIENCES COM 375558103 9600 300000 SH DEFINED 011614 300000
GILEAD SCIENCES COM 375558103 9189 287100 SH DEFINED 0102 287100
GILEAD SCIENCES COM 375558103 6160 192500 SH DEFINED 0131 192500
GILEAD SCIENCES COM 375558103 681 21300 SH DEFINED 0103 21300
GILLETTE CO COM 375766102 31275 600000 SH DEFINED 0130 600000
GILLETTE CO COM 375766102 109463 2100000 SH DEFINED 0126 2100000
GILLETTE CO COM 375766102 31275 600000 SH DEFINED 011618 600000
GILLETTE CO COM 375766102 47785 916739 SH DEFINED 0102 916739
GILLETTE CO COM 375766102 2294 44007 SH DEFINED 0103 44007
GLENAYRE TECHNOLOGIE COM 377899109 11659 187300 SH DEFINED 0102 187300
GLENAYRE TECHNOLOGIE COM 377899109 4625 74300 SH DEFINED 0131 74300
GLENAYRE TECHNOLOGIE COM 377899109 603 9700 SH DEFINED 0103 9700
GLOBAL MARINE COM 379352404 2625 300000 SH DEFINED 011619 300000
GLOBAL MARINE COM 379352404 10500 1200000 SH DEFINED 011614 1200000
GOLDEN WEST FIN COM 381317106 242 4389 SH DEFINED 0103 4389
GOODRICH B.F. COM 382388106 131 1921 SH DEFINED 0103 1921
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W R GRACE COM 383883105 412 6964 SH DEFINED 0103 6964
GRAINGER (W.W.) COM 384802104 246 3708 SH DEFINED 0103 3708
GRAND MET PLC -ADR COM 386090302 25105 873218 SH DEFINED 0103 873218
GRAND MET PLC 144A CONV BOND 386098AA5 17700 15000000 PRN DEFINED 0130 15000000
GRAND MET PLC 144A CONV BOND 386098AA5 23600 20000000 PRN DEFINED 0113 20000000
GREAT A. & P. TEA COM 390064103 65 2822 SH DEFINED 0103 2822
GREAT BAY POWER CORP COM 390139103 444 55552 SH DEFINED 0104 55552
GREAT BAY POWER CORP COM 390139103 604 75552 SH DEFINED 0109 75552
GREAT BAY POWER CORP COM 390139103 284 35518 SH DEFINED 011621 35518
GREAT LAKES CHEM CO COM 390568103 342 4752 SH DEFINED 0103 4752
GREAT WESTERN FIN CP COM 391442100 423 16600 SH DEFINED 0125 16600
GREAT WESTERN FIN CP COM 391442100 48 1900 SH DEFINED 0102 1900
GREAT WESTERN FIN CP COM 391442100 263 10320 SH DEFINED 0103 10320
GREEN TREE FINL CORP COM 393505102 667 25300 SH DEFINED 011619 25300
GREEN TREE FINL CORP COM 393505102 2761 104700 SH DEFINED 011614 104700
<PAGE> PAGE 30
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
GREENFIELDS COM 395058100 6250 200000 SH DEFINED 0106 200000
GREENFIELDS COM 395058100 12500 400000 SH DEFINED 011516 400000
GREENFIELDS COM 395058100 1719 55000 SH DEFINED 011619 55000
GREENFIELDS COM 395058100 1188 38000 SH DEFINED 011620 38000
GP FINANCIAL CORP COM 395384100 13 500 SH DEFINED 0102 500
GP FINANCIAL CORP COM 395384100 4194 156800 SH DEFINED 0131 156800
GP FINANCIAL CORP COM 395384100 235 8800 SH DEFINED 0103 8800
GRIFFON CORP COM 398433102 5400 600000 SH DEFINED 0128 600000
G-CASA AUTREY COM 40048P104 18725 1400000 SH DEFINED 011516 1400000
GRUPO CARSO ADR COM 400485108 2966 275000 SH DEFINED 0130 275000
G-IUSACELL L'S ADR COM 40049W306 3038 300000 SH DEFINED 0132 300000
GUCCI COM 401566104 1038 26700 SH DEFINED 011620 26700
GUEST SUPPLY COM 401630108 2263 100000 SH DEFINED 011619 100000
GUIDANT CORP COM 401698105 1183 28000 SH DEFINED 011620 28000
GYMBOREE COM 403777105 12891 625000 SH DEFINED 0106 625000
GYMBOREE COM 403777105 3235 156865 SH DEFINED 01 156865
HBO COMPANY COM 404100109 42144 550000 SH DEFINED 0126 550000
HBO COMPANY COM 404100109 7969 104000 SH DEFINED 011619 104000
HBO COMPANY COM 404100109 50956 665000 SH DEFINED 011614 665000
HBO COMPANY COM 404100109 69185 902907 SH DEFINED 0102 902907
HBO COMPANY COM 404100109 18459 240900 SH DEFINED 0131 240900
HBO COMPANY COM 404100109 4214 55000 SH DEFINED 0103 55000
HCC INSURANCE COM 404132102 6475 175000 SH DEFINED 0106 175000
HFS INC COM 404181109 73575 900000 SH DEFINED 0126 900000
HFS INC COM 404181109 5396 66000 SH DEFINED 011619 66000
HFS INC COM 404181109 25343 310000 SH DEFINED 011614 310000
HFS INC COM 404181109 43476 531785 SH DEFINED 0102 531785
HFS INC COM 404181109 17029 208300 SH DEFINED 0131 208300
HFS INC COM 404181109 1929 23600 SH DEFINED 0103 23600
HNC SOFTWARE COM 40425P107 11938 250000 SH DEFINED 011516 250000
HNC SOFTWARE COM 40425P107 1433 30000 SH DEFINED 011619 30000
HNC SOFTWARE COM 40425P107 6924 145000 SH DEFINED 011614 145000
HA-LO INDS INC COM 404429102 9225 300000 SH DEFINED 011614 300000
ALEX HAAGAN COM 40443E100 6554 535000 SH DEFINED 0113 535000
HAFSLUND NYCOMED -S COM 405029406 23226 884800 SH DEFINED 011516 884800
HALLIBURTON COM 406216101 2278 45000 SH DEFINED 011619 45000
HALLIBURTON COM 406216101 10125 200000 SH DEFINED 011614 200000
HALLIBURTON COM 406216101 425 8395 SH DEFINED 0103 8395
HANDLEMAN COMPANY COM 410252100 14 2491 SH DEFINED 0103 2491
HANNA MA CO. COM 410522106 9800 350000 SH DEFINED 0108 350000
HANSON PLC ADR COM 411352305 27450 1800000 SH DEFINED 0113 1800000
HANSON PLC ADR COM 411352305 15708 1030000 SH DEFINED 0107 1030000
HANSON PLC ADR COM 411352305 20588 1350000 SH DEFINED 0131 1350000
HANSON PLC ADR COM 411352305 763 50000 SH DEFINED 0103 50000
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HARCOR EGY WTS 144A WARRANT 411628118 190 165000 SH DEFINED 0109 165000
HARCOURT GENERAL CRP COM 41163G101 11097 265000 SH DEFINED 0108 265000
HARCOURT GENERAL CRP COM 41163G101 586 14000 SH DEFINED 0125 14000
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HARCOURT GENERAL CRP COM 41163G101 347 8290 SH DEFINED 0103 8290
<PAGE> PAGE 31
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
HARLAND JOHN H COM 412693103 47 2239 SH DEFINED 0103 2239
HARMAN INTERNATIONAL COM 413086109 20063 500000 SH DEFINED 0111 500000
HARMAN INTERNATIONAL COM 413086109 2629 65520 SH DEFINED 011622 65520
HARMAN INTERNATIONAL COM 413086109 5827 145215 SH DEFINED 011623 145215
HARMAN INTERNATIONAL COM 413086109 153 3780 SH DEFINED 0102 3780
HARNISCHFEGER IND COM 413345109 14963 450000 SH DEFINED 0106 450000
HARNISCHFEGER IND COM 413345109 118 3561 SH DEFINED 0103 3561
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HARRAH'S ENT COM 413619107 19400 800000 SH DEFINED 011516 800000
HARRAH'S ENT COM 413619107 8 400 SH DEFINED 0102 400
HARRAH'S ENT COM 413619107 190 7808 SH DEFINED 0103 7808
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HARRIS COMPUTER SYS COM 413947102 0 15 SH DEFINED 0102 15
HARTMARX CORP COM 417119104 741 169301 SH DEFINED 0103 169301
HASBRO INC COM 418056107 201 6486 SH DEFINED 0103 6486
HAT BRANDS WTS8/2002 WARRANT 4187309X7 90 90345 SH DEFINED 0109 90345
HAWAII ELEC $100 PREFERRED STOCK 419990197 2120 20000 SH DEFINED 0105 20000
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HEALTH CARE PROP INV COM 421915109 6323 180000 SH DEFINED 011618 180000
HEALTHSOUTH CORP COM 421924101 52425 1800000 SH DEFINED 0111 1800000
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HEALTHSOUTH CORP COM 421924101 32411 1112800 SH DEFINED 0102 1112800
HEALTHSOUTH CORP COM 421924101 6632 227700 SH DEFINED 0131 227700
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HEALTH MGMT ASSOC COM 421933102 11242 430312 SH DEFINED 0102 430312
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HEALTH MGMT ASSOC COM 421933102 683 26125 SH DEFINED 0103 26125
HEALTH MGMT INC COM 42219B104 8613 650000 SH DEFINED 011516 650000
HEALTH MGMT SYSTEMS COM 42219M100 9750 250000 SH DEFINED 011516 250000
HEALTHSOURCE INC COM 42221E104 1922 53400 SH DEFINED 011619 53400
HEALTHSOURCE INC COM 42221E104 25405 705700 SH DEFINED 0102 705700
HEALTHSOURCE INC COM 42221E104 5450 151400 SH DEFINED 0131 151400
HEALTHSOURCE INC COM 42221E104 1170 32500 SH DEFINED 0103 32500
HEINZ H.J. COM 423074103 19875 600000 SH DEFINED 0130 600000
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HELMERICH & PAYNE COM 423452101 54 1814 SH DEFINED 0103 1814
HEM EN 144A WTS WARRANT 42368R116 54 36000 SH DEFINED 0109 36000
HERCULES INC COM 427056106 22550 400000 SH DEFINED 0130 400000
HERCULES INC COM 427056106 31006 550000 SH DEFINED 0126 550000
HERCULES INC COM 427056106 463 8212 SH DEFINED 0103 8212
HERSHEY FOODS COM 427866108 103042 1585272 SH DEFINED 0103 1585272
HEWLETT PACKARD COM 428236103 8794 105000 SH DEFINED 0108 105000
<PAGE> PAGE 32
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
HEWLETT PACKARD COM 428236103 117250 1400000 SH DEFINED 0126 1400000
HEWLETT PACKARD COM 428236103 1524 18200 SH DEFINED 0125 18200
HEWLETT PACKARD COM 428236103 4238 50600 SH DEFINED 011622 50600
HEWLETT PACKARD COM 428236103 9414 112400 SH DEFINED 011623 112400
HEWLETT PACKARD COM 428236103 19263 230000 SH DEFINED 011618 230000
HEWLETT PACKARD COM 428236103 1128 13450 SH DEFINED 0102 13450
HEWLETT PACKARD COM 428236103 3656 43649 SH DEFINED 0103 43649
HILTON HOTELS COM 432848109 3075 50000 SH DEFINED 0125 50000
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HOME DEPOT INC COM 437076102 19150 400000 SH DEFINED 011618 400000
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HOME DEPOT INC COM 437076102 165040 3447376 SH DEFINED 0102 3447376
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IDS CA TAX EXEMPT COM 449428101 1 202 SH DEFINED 01 202
<PAGE> PAGE 33
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
EQUITY SELECT FD INC COM 44943G102 1 114 SH DEFINED 01 114
IDS PRECIOUS METALS COM 449455104 1 122 SH DEFINED 01 122
IDS INS TAX EXEMPT COM 44947T100 1 191 SH DEFINED 01 191
IDS MN TAX EXEMPT COM 44947T308 1 200 SH DEFINED 01 200
IDS NY TAX EXEMPT COM 44947T407 1 203 SH DEFINED 01 203
IDS MASS TAX-EXEMPT COM 44947T506 1 197 SH DEFINED 01 197
IDS MICH TAX-EXEMPT COM 44947T605 1 194 SH DEFINED 01 194
IDS OHIO TAX-EXEMPT COM 44947T704 1 196 SH DEFINED 01 196
IES INDUSTRIES INC COM 44949M103 9230 348313 SH DEFINED 0103 348313
IDSTC INCOME FUND II COM 449496108 154207 9970086 SH DEFINED 0103 9970086
IDS TRUST INT'L FUND COM 449500990 5075 63622 SH DEFINED 0103 63622
IMC GLOBAL INC COM 449669100 30276 740700 SH DEFINED 0126 740700
IMC GLOBAL INC COM 449669100 3622 88600 SH DEFINED 011614 88600
IMCO RECYCLING INC COM 449681105 6738 275000 SH DEFINED 0106 275000
IRSA COM 450047204 7650 300000 SH DEFINED 0135 300000
I-STAT CORP COM 450312103 10563 325000 SH DEFINED 011516 325000
ITTI TECH COM 450564109 1413 47500 SH DEFINED 0128 47500
ITTI TECH COM 450564109 1934 65000 SH DEFINED 011619 65000
ITTI TECH COM 450564109 7735 260000 SH DEFINED 011614 260000
ITT HARTFORD GRP-WI COM 45068H106 409 8456 SH DEFINED 0103 8456
ITT INDUSTRIES-WI COM 450911102 203 8456 SH DEFINED 0103 8456
ITT CORP-WI COM 450912100 448 8456 SH DEFINED 0103 8456
IFINT DVSD HLDGS COM 45099C100 1018 42418 SH DEFINED 0109 42418
IDEXX LABS INC COM 45168D104 9165 195000 SH DEFINED 011619 195000
IDEXX LABS INC COM 45168D104 39950 850000 SH DEFINED 011614 850000
IDEXX LABS INC COM 45168D104 65233 1387900 SH DEFINED 0102 1387900
IDEXX LABS INC COM 45168D104 22663 482200 SH DEFINED 0131 482200
IDEXX LABS INC COM 45168D104 3008 64000 SH DEFINED 0103 64000
IL PWR SER A PREFERRED STOCK 452092851 2417 55250 SH DEFINED 01 55250
ILLINOIS TOOL WORKS COM 452308109 29264 496000 SH DEFINED 0130 496000
ILLINOIS TOOL WORKS COM 452308109 11800 200000 SH DEFINED 0108 200000
ILLINOIS TOOL WORKS COM 452308109 18880 320000 SH DEFINED 0126 320000
ILLINOIS TOOL WORKS COM 452308109 10030 170000 SH DEFINED 011618 170000
ILLINOIS TOOL WORKS COM 452308109 73073 1238394 SH DEFINED 0102 1238394
ILLINOIS TOOL WORKS COM 452308109 822 13937 SH DEFINED 0103 13937
ILLINOIS TOOL WORKS COM 452308109 1003 17000 SH DEFINED 01 17000
IMMULOGIC PHARMACEUT COM 45252R100 178 9228 SH DEFINED 0103 9228
INCO LIMITED COM 453258402 291 8754 SH DEFINED 0103 8754
INDIA FUND INC COM 454089103 2110 237800 SH DEFINED 0112 237800
INDIA FUND INC COM 454089103 3106 350000 SH DEFINED 011617 350000
NATUZZI COM 456478106 1134 25000 SH DEFINED 011619 25000
INFINITY BROADCASTNG COM 456626100 19743 530000 SH DEFINED 0126 530000
INFINITY BROADCASTNG COM 456626100 175 4700 SH DEFINED 011619 4700
INFINITY BROADCASTNG COM 456626100 756 20300 SH DEFINED 011614 20300
INFINITY BROADCASTNG COM 456626100 27809 746512 SH DEFINED 0102 746512
INFINITY BROADCASTNG COM 456626100 793 21287 SH DEFINED 0103 21287
INFORMIX CORP COM 456779107 13710 457000 SH DEFINED 0102 457000
INFORMIX CORP COM 456779107 7341 244700 SH DEFINED 0131 244700
INFORMIX CORP COM 456779107 735 24500 SH DEFINED 0103 24500
INGERSOLL-RAND CO COM 456866102 272 7744 SH DEFINED 0103 7744
<PAGE> PAGE 34
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
INLAND STEEL IND INC COM 457472108 89 3550 SH DEFINED 0103 3550
INPUT/OUTPUT INC COM 457652105 13109 227000 SH DEFINED 0106 227000
INPUT/OUTPUT INC COM 457652105 2177 37700 SH DEFINED 011619 37700
INPUT/OUTPUT INC COM 457652105 2021 35000 SH DEFINED 011620 35000
INPUT/OUTPUT INC COM 457652105 6971 120700 SH DEFINED 0102 120700
INPUT/OUTPUT INC COM 457652105 3159 54700 SH DEFINED 0131 54700
INPUT/OUTPUT INC COM 457652105 283 4900 SH DEFINED 0103 4900
INSO CORP COM 457674109 638 15000 SH DEFINED 011620 15000
INSURANCE AUTO AUCTS COM 457875102 12094 1125000 SH DEFINED 011516 1125000
INTEGRATED PROCESS E COM 45812K108 11750 500000 SH DEFINED 0124 500000
INTEL COM 458140100 7094 125000 SH DEFINED 0108 125000
INTEL COM 458140100 170250 3000000 SH DEFINED 0126 3000000
INTEL COM 458140100 22700 400000 SH DEFINED 0111 400000
INTEL COM 458140100 28375 500000 SH DEFINED 0124 500000
INTEL COM 458140100 1004 17700 SH DEFINED 0125 17700
INTEL COM 458140100 3405 60000 SH DEFINED 011622 60000
INTEL COM 458140100 7094 125000 SH DEFINED 011623 125000
INTEL COM 458140100 19295 340000 SH DEFINED 011618 340000
INTEL COM 458140100 1362 24000 SH DEFINED 011620 24000
INTEL COM 458140100 193373 3407232 SH DEFINED 0102 3407232
INTEL COM 458140100 13399 236100 SH DEFINED 0131 236100
INTEL COM 458140100 6371 112261 SH DEFINED 0103 112261
INTEL COM 458140100 14982 264000 SH DEFINED 01 264000
INTERIM COM 45868P100 11294 325000 SH DEFINED 011516 325000
INTERGRAPH CORP COM 458683109 56 3581 SH DEFINED 0103 3581
INTERLEAF INC COM 458729100 1569 155000 SH DEFINED 011619 155000
INTERLEAF INC COM 458729100 7088 700000 SH DEFINED 011614 700000
INTERMEDIA COMM FL COM 458801107 8750 500000 SH DEFINED 0106 500000
INTERMEDIA COMM FL COM 458801107 53 3000 SH DEFINED 0109 3000
INTERMEDIA COMM FL COM 458801107 4550 260000 SH DEFINED 01 260000
INTERMEDIA COM WTS WARRANT 458801115 228 22750 SH DEFINED 0109 22750
INTL BUSINESS MACH COM 459200101 27525 300000 SH DEFINED 0113 300000
INTL BUSINESS MACH COM 459200101 9175 100000 SH DEFINED 011618 100000
INTL BUSINESS MACH COM 459200101 143 1565 SH DEFINED 0102 1565
INTL BUSINESS MACH COM 459200101 21103 230000 SH DEFINED 0131 230000
INTL BUSINESS MACH COM 459200101 4521 49281 SH DEFINED 0103 49281
INT'L CABLETEL INC CONV BOND 459216AB3 11178 10350000 PRN DEFINED 0130 10350000
INT'L CABLETEL INC CONV BOND 459216AB3 16740 15500000 PRN DEFINED 0124 15500000
INT'L CABLETEL INC CONV BOND 459216AB3 3942 3650000 PRN DEFINED 0135 3650000
INTL FLAVORS & FRAG COM 459506101 394 8201 SH DEFINED 0103 8201
INTL IMAGING MAT COM 45968C108 3283 130000 SH DEFINED 0128 130000
INTL IMAGING MAT COM 45968C108 1768 70000 SH DEFINED 011619 70000
INTL GAME TECHNOLOGY COM 459902102 38063 3500000 SH DEFINED 011516 3500000
INTERNATIONAL PAPER COM 460146103 705 18605 SH DEFINED 0103 18605
INTERNATIONAL PAPER COM 460146103 6818 180000 SH DEFINED 01 180000
INTERPUBLIC GROUP COM 460690100 247 5706 SH DEFINED 0103 5706
INTIMATE BRANDS COM 461156101 12000 800000 SH DEFINED 0130 800000
INTIMATE BRANDS COM 461156101 11250 750000 SH DEFINED 0107 750000
INTUIT COM 461202103 7800 100000 SH DEFINED 0126 100000
INTUIT COM 461202103 15600 200000 SH DEFINED 0111 200000
<PAGE> PAGE 35
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
INTUIT COM 461202103 3120 40000 SH DEFINED 011622 40000
INTUIT COM 461202103 7020 90000 SH DEFINED 011623 90000
INTUIT COM 461202103 12582 161300 SH DEFINED 0102 161300
INTUIT COM 461202103 374 4800 SH DEFINED 0103 4800
IONICS COM 462218108 1305 30000 SH DEFINED 0102 30000
IVAX COM 465823102 89775 3150000 SH DEFINED 011516 3150000
JACOR COMMUNICATIONS COM 469858401 10028 573000 SH DEFINED 011516 573000
JAMES RIVER COM 470349101 77 3200 SH DEFINED 0125 3200
JAMES RIVER COM 470349101 4330 179500 SH DEFINED 011516 179500
JAMES RIVER COM 470349101 1230 51000 SH DEFINED 011620 51000
JAMES RIVER COM 470349101 4932 204500 SH DEFINED 0102 204500
JAMES RIVER COM 470349101 160 6631 SH DEFINED 0103 6631
JAN BELL WARRANTS WARRANT 470760117 0 2689 SH DEFINED 0126 2689
JAN BELL WARRANTS WARRANT 470760117 0 2473 SH DEFINED 0131 2473
JEFFERSON PILOT COM 475070108 240 5170 SH DEFINED 0103 5170
JOHN NUVEEN COM 478035108 1693 68403 SH DEFINED 0103 68403
JOHNSON & JOHNSON COM 478160104 34250 400000 SH DEFINED 0130 400000
JOHNSON & JOHNSON COM 478160104 145563 1700000 SH DEFINED 0126 1700000
JOHNSON & JOHNSON COM 478160104 25688 300000 SH DEFINED 0111 300000
JOHNSON & JOHNSON COM 478160104 25688 300000 SH DEFINED 0124 300000
JOHNSON & JOHNSON COM 478160104 6944 81100 SH DEFINED 0125 81100
JOHNSON & JOHNSON COM 478160104 3425 40000 SH DEFINED 011622 40000
JOHNSON & JOHNSON COM 478160104 7278 85000 SH DEFINED 011623 85000
JOHNSON & JOHNSON COM 478160104 2415 28200 SH DEFINED 011620 28200
JOHNSON & JOHNSON COM 478160104 153623 1794070 SH DEFINED 0102 1794070
JOHNSON & JOHNSON COM 478160104 7986 93257 SH DEFINED 0103 93257
JOHNSON & JOHNSON COM 478160104 24660 288000 SH DEFINED 01 155000 133000
JOHNSON CONTROLS COM 478366107 208 3028 SH DEFINED 0103 3028
JONES APPAREL GROUP COM 480074103 9844 250000 SH DEFINED 0108 250000
JOSTENS A. INC. COM 481088102 9700 400000 SH DEFINED 011516 400000
JOSTENS A. INC. COM 481088102 8003 330000 SH DEFINED 011614 330000
JOSTENS A. INC. COM 481088102 70 2866 SH DEFINED 0103 2866
K-MART CORPORATION COM 482584109 9063 1250000 SH DEFINED 0113 1250000
K-MART CORPORATION COM 482584109 267 36884 SH DEFINED 0103 36884
KN ENERGY COM 482620101 6553 225000 SH DEFINED 0132 225000
KAISER ALUM PRIDE PREFERRED STOCK 483007407 3609 275000 SH DEFINED 0132 275000
KASH & KARRY FOOD COM 48577P106 3926 149570 SH DEFINED 0104 149570
KASH & KARRY FOOD COM 48577P106 21589 822430 SH DEFINED 0109 822430
KAUFMAN & BROAD HOME COM 486168107 35 2324 SH DEFINED 0103 2324
KAYDON CORP COM 486587108 5619 185000 SH DEFINED 0128 185000
KELLOGG CO. COM 487836108 1267 16399 SH DEFINED 0103 16399
KELLOGG CO. COM 487836108 1545 20000 SH DEFINED 01 20000
KEMET CORP COM 488360108 184 7700 SH DEFINED 011619 7700
KEMET CORP COM 488360108 771 32300 SH DEFINED 011614 32300
KEMET CORP COM 488360108 14 600 SH DEFINED 0102 600
KEMET CORP COM 488360108 6136 257000 SH DEFINED 0131 257000
KEMET CORP COM 488360108 349 14600 SH DEFINED 0103 14600
KEMIRA ADR COM 488365107 4697 280000 SH DEFINED 0124 280000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 1321 783000 SH DEFINED 0130 783000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 173 102255 SH DEFINED 01 102255
<PAGE> PAGE 36
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
KERR MCGEE COM 492386107 244 3843 SH DEFINED 0103 3843
KEYCORP NEW COM 493267108 605 16676 SH DEFINED 0103 16676
KIMBERLY CLARK COM 494368103 41375 500000 SH DEFINED 0130 500000
KIMBERLY CLARK COM 494368103 24080 291000 SH DEFINED 0126 291000
KIMBERLY CLARK COM 494368103 5321 64300 SH DEFINED 0125 64300
KIMBERLY CLARK COM 494368103 12413 150000 SH DEFINED 0107 150000
KIMBERLY CLARK COM 494368103 22756 275000 SH DEFINED 011618 275000
KIMBERLY CLARK COM 494368103 2069 25000 SH DEFINED 011619 25000
KIMBERLY CLARK COM 494368103 3558 43000 SH DEFINED 011620 43000
KIMBERLY CLARK COM 494368103 8275 100000 SH DEFINED 011614 100000
KIMBERLY CLARK COM 494368103 139696 1688139 SH DEFINED 0102 1688139
KIMBERLY CLARK COM 494368103 3020 36501 SH DEFINED 0103 36501
KIMBERLY CLARK COM 494368103 15078 182200 SH DEFINED 01 182200
KINGWORLD PRODUCTION COM 495667107 25074 645000 SH DEFINED 0124 645000
KINGWORLD PRODUCTION COM 495667107 11663 300000 SH DEFINED 011516 300000
KINGWORLD PRODUCTION COM 495667107 104 2668 SH DEFINED 0103 2668
KLOOF GOLD MININGADR COM 498746601 944 100000 SH DEFINED 0127 100000
KNIGHT-RIDDER INC. COM 499040103 21875 350000 SH DEFINED 0113 350000
KNIGHT-RIDDER INC. COM 499040103 225 3603 SH DEFINED 0103 3603
STERLING SFTWRE ESCR COM 499245918 0 80000 SH DEFINED 011619 80000
KEPCO NEW ADR COM 500631205 6360 240000 SH DEFINED 0112 240000
KEPCO NEW ADR COM 500631205 7950 300000 SH DEFINED 011617 300000
KROGER CO. COM 501044101 214 5700 SH DEFINED 0125 5700
KROGER CO. COM 501044101 26 700 SH DEFINED 0102 700
KROGER CO. COM 501044101 338 9017 SH DEFINED 0103 9017
LCI INTL COM 501813109 35495 1731400 SH DEFINED 0102 1731400
LCI INTL COM 501813109 6039 294600 SH DEFINED 0131 294600
LCI INTL COM 501813109 1279 62400 SH DEFINED 0103 62400
LG AND E ENERGY CORP COM 501917108 6971 165000 SH DEFINED 0132 165000
LTV CORP NEW COM 501921100 7523 547159 SH DEFINED 01 547159
LSI LOGIC COM 502161102 22925 700000 SH DEFINED 0126 700000
LSI LOGIC COM 502161102 6550 200000 SH DEFINED 0111 200000
LSI LOGIC COM 502161102 10317 315000 SH DEFINED 0102 315000
LSI LOGIC COM 502161102 8803 268800 SH DEFINED 0131 268800
LSI LOGIC COM 502161102 868 26494 SH DEFINED 0103 26494
LSI LOGIC COM 502161102 4340 132530 SH DEFINED 01 132530
LTC PROPERTIES COM 502175102 6000 400000 SH DEFINED 0113 400000
LTC PROPERTIES COM 502175102 4500 300000 SH DEFINED 0132 300000
LTC PROPERTIES COM 502175102 4050 270000 SH DEFINED 0107 270000
LAIDLAW INC COM 50730K206 211 20627 SH DEFINED 0103 20627
LAM RESEARCH CORP COM 512807108 8190 179000 SH DEFINED 0102 179000
LAM RESEARCH CORP COM 512807108 213 4650 SH DEFINED 0103 4650
LANCASTER COLONY COR COM 513847103 7823 210000 SH DEFINED 0128 210000
LANDMARK GRAPHICS CO COM 514913102 6975 300000 SH DEFINED 0106 300000
LANDS END INC COM 515086106 6 456 SH DEFINED 0103 456
LANDSTAR SYSTEM INC COM 515098101 6688 250000 SH DEFINED 0106 250000
LANESBOROUGH COM 515547107 0 6178 SH DEFINED 0109 6178
LASALLE NATL $50 PREFERRED STOCK 5180283*4 8400 150000 SH DEFINED 01 150000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 3360 60000 SH DEFINED 0116 60000
LATTICE SEMICONDUCTR COM 518415104 3915 120000 SH DEFINED 0128 120000
<PAGE> PAGE 37
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
LATTICE SEMICONDUCTR COM 518415104 8972 275000 SH DEFINED 0106 275000
LATTICE SEMICONDUCTR COM 518415104 3654 112000 SH DEFINED 01 112000
LAYNE INCORPORATED COM 521050104 145 12866 SH DEFINED 0103 12866
LBMS COM 522000108 2663 300000 SH DEFINED 011516 300000
LEHMAN BROS HOLDINGS COM 524908100 799 37589 SH DEFINED 01 37589
LENNAR CORP COM 526057104 10050 400000 SH DEFINED 0108 400000
LEVEL ONE COM 527295109 5400 300000 SH DEFINED 0106 300000
LIBBEY COM 529898108 2250 100000 SH DEFINED 0128 100000
LIBERTY PROPERTY TR CONV BOND 53117CAA0 2578 2500000 PRN DEFINED 0104 2500000
LIBERTY PROPERTY TR CONV BOND 53117CAA0 1289 1250000 PRN DEFINED 011621 1250000
LIB LIFE IN CVT 144A CONV BOND 531596AA2 7920 6000000 PRN DEFINED 0135 6000000
ELI LILLY COM 532457108 33750 600000 SH DEFINED 0124 600000
ELI LILLY COM 532457108 23 400 SH DEFINED 0125 400
ELI LILLY COM 532457108 16313 290000 SH DEFINED 0107 290000
ELI LILLY COM 532457108 13080 232440 SH DEFINED 0102 232440
ELI LILLY COM 532457108 2687 47780 SH DEFINED 0103 47780
ELI LILLY COM 532457108 726 12900 SH DEFINED 01 12900
THE LIMITED INC COM 532716107 454 26506 SH DEFINED 0103 26506
LINCOLN NAT COM 534187109 14244 265000 SH DEFINED 0107 265000
LINCOLN NAT COM 534187109 374 6955 SH DEFINED 0103 6955
LINEAR TECHNOLOGY COM 535678106 32970 840000 SH DEFINED 0126 840000
LINEAR TECHNOLOGY COM 535678106 14382 366400 SH DEFINED 0102 366400
LINEAR TECHNOLOGY COM 535678106 9495 241900 SH DEFINED 0131 241900
LINEAR TECHNOLOGY COM 535678106 463 11800 SH DEFINED 0103 11800
LIZ CLAIBORNE COM 539320101 7435 267903 SH DEFINED 0103 267903
LIZ CLAIBORNE COM 539320101 694 25000 SH DEFINED 01 25000
LOCKHEED MARTIN CORP COM 539830109 482 6100 SH DEFINED 0125 6100
LOCKHEED MARTIN CORP COM 539830109 1699 21500 SH DEFINED 011620 21500
LOCKHEED MARTIN CORP COM 539830109 7766 98300 SH DEFINED 0102 98300
LOCKHEED MARTIN CORP COM 539830109 1274 16119 SH DEFINED 0103 16119
LOCKHEED MARTIN CORP COM 539830109 1185 15000 SH DEFINED 01 15000
LOEWS CORP COM 540424108 679 8658 SH DEFINED 0103 8658
LOGANS ROADHOUSE INC COM 541198107 1553 90000 SH DEFINED 011619 90000
LOJAS ARAPUA ADR COM 541462107 4115 500000 SH DEFINED 0135 500000
LONGTERM CAPITAL LTD COM 542900998 29537 25000 SH DEFINED 0116 25000
LONGHORN STEAK COM 543057103 2130 120000 SH DEFINED 011619 120000
LONGS DRUG STORES COM 543162101 73 1515 SH DEFINED 0103 1515
LONGVIEW FIBRE WASH COM 543213102 3900 240000 SH DEFINED 0128 240000
LORAL COM 543859102 53770 1520000 SH DEFINED 0126 1520000
LORAL COM 543859102 1185 33500 SH DEFINED 0125 33500
LORAL COM 543859102 35375 1000000 SH DEFINED 011618 1000000
LORAL COM 543859102 2830 80000 SH DEFINED 011619 80000
LORAL COM 543859102 12381 350000 SH DEFINED 011614 350000
LORAL COM 543859102 311 8800 SH DEFINED 0102 8800
LORAL COM 543859102 5915 167200 SH DEFINED 0131 167200
LORAL COM 543859102 1045 29548 SH DEFINED 0103 29548
LOUISIANA LAND/EXP COM 546268103 523 12200 SH DEFINED 0125 12200
LOUISIANA LAND/EXP COM 546268103 168 3900 SH DEFINED 0102 3900
LOUISIANA LAND/EXP COM 546268103 319 7452 SH DEFINED 0103 7452
LOUISIANA PAC. COM 546347105 187 7699 SH DEFINED 0103 7699
<PAGE> PAGE 38
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
LOWE'S CO'S COM 548661107 395 11783 SH DEFINED 0103 11783
LUBRIZOL CORP COM 549271104 23694 850000 SH DEFINED 0113 850000
LUBRIZOL CORP COM 549271104 14634 525000 SH DEFINED 0131 525000
LUBRIZOL CORP COM 549271104 541 19400 SH DEFINED 0103 19400
LUBY'S CAFETERIES COM 549282101 38 1720 SH DEFINED 0103 1720
LUKENS INC COM 549866101 17377 604400 SH DEFINED 0130 604400
MBNA COM 55262L100 33188 900000 SH DEFINED 0126 900000
MBNA COM 55262L100 15 400 SH DEFINED 0102 400
MBNA COM 55262L100 5321 144300 SH DEFINED 0131 144300
MBNA COM 55262L100 916 24824 SH DEFINED 0103 24824
MCN CORP COM 55267J100 3255 140000 SH DEFINED 0132 140000
MCI COMMUNICATIONS COM 552673105 7838 300000 SH DEFINED 0132 300000
MCI COMMUNICATIONS COM 552673105 20900 800000 SH DEFINED 0124 800000
MCI COMMUNICATIONS COM 552673105 3221 123300 SH DEFINED 0125 123300
MCI COMMUNICATIONS COM 552673105 26125 1000000 SH DEFINED 011516 1000000
MCI COMMUNICATIONS COM 552673105 15675 600000 SH DEFINED 011618 600000
MCI COMMUNICATIONS COM 552673105 48830 1869013 SH DEFINED 0102 1869013
MCI COMMUNICATIONS COM 552673105 2637 100938 SH DEFINED 0103 100938
MCI COMMUNICATIONS COM 552673105 1568 60000 SH DEFINED 01 60000
MDU RESOURCES GROUP COM 552690109 5217 262500 SH DEFINED 0132 262500
MEMC ELECTRONIC MAT COM 552715104 3263 100000 SH DEFINED 0128 100000
MEMC ELECTRONIC MAT COM 552715104 26100 800000 SH DEFINED 0111 800000
MEMC ELECTRONIC MAT COM 552715104 3507 107500 SH DEFINED 011622 107500
MEMC ELECTRONIC MAT COM 552715104 8437 258600 SH DEFINED 011623 258600
MEMC ELECTRONIC MAT COM 552715104 195 6000 SH DEFINED 0102 6000
MEMC ELECTRONIC MAT COM 552715104 3827 117300 SH DEFINED 01 117300
MFS COMM COM 55272T101 736 13817 SH DEFINED 0130 13817
MFS COMM COM 55272T101 2130 40000 SH DEFINED 0126 40000
MFS COMM COM 55272T101 13313 250000 SH DEFINED 0106 250000
MFS COMM COM 55272T101 53250 1000000 SH DEFINED 0111 1000000
MFS COMM COM 55272T101 10124 190119 SH DEFINED 0132 190119
MFS COMM COM 55272T101 425 7979 SH DEFINED 0109 7979
MFS COMM COM 55272T101 16909 317531 SH DEFINED 0124 317531
MFS COMM COM 55272T101 6656 125000 SH DEFINED 011622 125000
MFS COMM COM 55272T101 15975 300000 SH DEFINED 011623 300000
MFS COMM COM 55272T101 2237 42000 SH DEFINED 011619 42000
MFS COMM COM 55272T101 24 460 SH DEFINED 011620 460
MFS COMM COM 55272T101 10186 191252 SH DEFINED 0102 191252
MFS COMM COM 55272T101 5613 105400 SH DEFINED 0131 105400
MFS COMM COM 55272T101 639 12000 SH DEFINED 0103 12000
MFS COMM COM 55272T101 10384 195000 SH DEFINED 01 195000
MFS COMMUNICATION CONV PFD STOCK 55272T200 36516 750000 SH DEFINED 0130 750000
MFS COMMUNICATION CONV PFD STOCK 55272T200 6816 140000 SH DEFINED 0132 140000
MFS COMMUNICATION CONV PFD STOCK 55272T200 10224 210000 SH DEFINED 0109 210000
MFS COMMUNICATION CONV PFD STOCK 55272T200 24344 500000 SH DEFINED 0124 500000
MFS COMMUNICATION CONV PFD STOCK 55272T200 7303 150000 SH DEFINED 0107 150000
MFS COMMUNICATION CONV PFD STOCK 55272T200 14606 300000 SH DEFINED 011618 300000
MFS COMMUNICATION CONV PFD STOCK 55272T200 1217 25000 SH DEFINED 011620 25000
MGM GRAND INC COM 552953101 13800 600000 SH DEFINED 0124 600000
MACRO MEDIA COM 556100105 10450 200000 SH DEFINED 0126 200000
<PAGE> PAGE 39
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MACRO MEDIA COM 556100105 8648 165500 SH DEFINED 0102 165500
MACRO MEDIA COM 556100105 3031 58000 SH DEFINED 0131 58000
MACRO MEDIA COM 556100105 444 8500 SH DEFINED 0103 8500
MADECO COM 556304103 4725 175000 SH DEFINED 0130 175000
MADECO COM 556304103 6750 250000 SH DEFINED 0135 250000
*MAFCO CONSOLIDATED COM 559025101 1800 100000 SH DEFINED 0128 100000
MAGAININ PHARMACEUTI COM 559036108 96 7400 SH DEFINED 011619 7400
MAGAININ PHARMACEUTI COM 559036108 422 32600 SH DEFINED 011614 32600
MAGELLAN HEALTH SVS COM 559079108 21600 900000 SH DEFINED 011516 900000
MAGNA INT'L INC CONV BOND 559222AE4 2563 2500000 PRN DEFINED 0129 2500000
MAGNA INT'L INC CONV BOND 559222AE4 5125 5000000 PRN DEFINED 0104 5000000
MAGNA INT'L INC CONV BOND 559222AE4 2563 2500000 PRN DEFINED 011621 2500000
MAGNA INTL COM 559222401 2608 60300 SH DEFINED 011622 60300
MAGNA INTL COM 559222401 5791 133900 SH DEFINED 011623 133900
MALAN REALTY INV CVT CONV BOND 561063AA6 3965 4850000 PRN DEFINED 0104 4850000
MALAN REALTY INV CVT CONV BOND 561063AA6 2248 2750000 PRN DEFINED 0109 2750000
MALAN REALTY INV CVT CONV BOND 561063AA6 2248 2750000 PRN DEFINED 011621 2750000
MALLINCKRODT GROUP COM 561226101 205 5635 SH DEFINED 0103 5635
MANHATTAN BAGEL CO I COM 562751107 1710 95000 SH DEFINED 011619 95000
MANHATTAN BAGEL CO I COM 562751107 7380 410000 SH DEFINED 011614 410000
MANOR CARE INC COM 564054104 161 4607 SH DEFINED 0103 4607
MANPOWER INC-WIS COM 56418H100 8438 300000 SH DEFINED 0126 300000
MANPOWER INC-WIS COM 56418H100 5625 200000 SH DEFINED 0111 200000
MANPOWER INC-WIS COM 56418H100 1927 68500 SH DEFINED 011622 68500
MANPOWER INC-WIS COM 56418H100 4244 150900 SH DEFINED 011623 150900
MANPOWER INC-WIS COM 56418H100 17 600 SH DEFINED 0102 600
MANPOWER INC-WIS COM 56418H100 6396 227400 SH DEFINED 0131 227400
MANPOWER INC-WIS COM 56418H100 363 12900 SH DEFINED 0103 12900
MANUF HOME COM 564682102 3238 185000 SH DEFINED 0107 185000
MANUF HOME COM 564682102 6342 362380 SH DEFINED 01 362380
MANUGISTICS GROUP IN COM 565011103 2950 200000 SH DEFINED 0108 200000
MANUGISTICS GROUP IN COM 565011103 4425 300000 SH DEFINED 0106 300000
MANUGISTICS GROUP IN COM 565011103 1475 100000 SH DEFINED 011619 100000
MARSH MCLENNAN CO COM 571748102 13756 155000 SH DEFINED 0107 155000
MARSH MCLENNAN CO COM 571748102 19969 225000 SH DEFINED 0131 225000
MARSH MCLENNAN CO COM 571748102 1270 14306 SH DEFINED 0103 14306
MARRIOTT INTERNATION COM 571900109 34425 900000 SH DEFINED 0126 900000
MARRIOTT INTERNATION COM 571900109 7650 200000 SH DEFINED 0111 200000
MARRIOTT INTERNATION COM 571900109 23 600 SH DEFINED 0102 600
MARRIOTT INTERNATION COM 571900109 387 10123 SH DEFINED 0103 10123
MARTIN MARIETTA COM 573284106 8766 425000 SH DEFINED 0108 425000
MARTIN MARIETTA COM 573284106 5377 260700 SH DEFINED 0128 260700
MARVEL ENTERTAINMENT COM 573913100 26000 2000000 SH DEFINED 011516 2000000
MASCO CORP COM 574599106 26669 850000 SH DEFINED 0113 850000
MASCO CORP COM 574599106 31375 1000000 SH DEFINED 0124 1000000
MASCO CORP COM 574599106 3552 113200 SH DEFINED 0125 113200
MASCO CORP COM 574599106 4614 147058 SH DEFINED 0102 147058
MASCO CORP COM 574599106 22747 725000 SH DEFINED 0131 725000
MASCO CORP COM 574599106 2623 83565 SH DEFINED 0103 83565
MASCOTECH INC CONV BOND 574670AB1 5070 6500000 PRN DEFINED 0104 6500000
<PAGE> PAGE 40
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MASCOTECH INC CONV BOND 574670AB1 2730 3500000 PRN DEFINED 011621 3500000
MASCOTECH 6% $1.20 CONV PFD STOCK 574670303 3505 280400 SH DEFINED 0130 280400
MATTEL INC. COM 577081102 12300 400000 SH DEFINED 0111 400000
MATTEL INC. COM 577081102 111 3600 SH DEFINED 0125 3600
MATTEL INC. COM 577081102 3075 100000 SH DEFINED 011622 100000
MATTEL INC. COM 577081102 6150 200000 SH DEFINED 011623 200000
MATTEL INC. COM 577081102 198 6400 SH DEFINED 0102 6400
MATTEL INC. COM 577081102 504 16387 SH DEFINED 0103 16387
MAXIM INTEGRATED COM 57772K101 38500 1000000 SH DEFINED 0111 1000000
MAXIM INTEGRATED COM 57772K101 2695 70000 SH DEFINED 011622 70000
MAXIM INTEGRATED COM 57772K101 6160 160000 SH DEFINED 011623 160000
MAXIM INTEGRATED COM 57772K101 1925 50000 SH DEFINED 011619 50000
MAXIM INTEGRATED COM 57772K101 8085 210000 SH DEFINED 011614 210000
MAXIM INTEGRATED COM 57772K101 19785 513900 SH DEFINED 0102 513900
MAXIM INTEGRATED COM 57772K101 477 12400 SH DEFINED 0103 12400
MAY DEPT STORES COM 577778103 27463 650000 SH DEFINED 0113 650000
MAY DEPT STORES COM 577778103 17956 425000 SH DEFINED 011516 425000
MAY DEPT STORES COM 577778103 21125 500000 SH DEFINED 0131 500000
MAY DEPT STORES COM 577778103 1573 37225 SH DEFINED 0103 37225
MAYTAG CO COM 578592107 24300 1200000 SH DEFINED 0113 1200000
MAYTAG CO COM 578592107 9099 449165 SH DEFINED 0102 449165
MAYTAG CO COM 578592107 13163 650000 SH DEFINED 0131 650000
MAYTAG CO COM 578592107 1110 54785 SH DEFINED 0103 54785
MCAFEE ASSOCIATES IN COM 579057100 1316 30000 SH DEFINED 011619 30000
MCAFEE ASSOCIATES IN COM 579057100 4388 100000 SH DEFINED 011614 100000
MCDERMOTT INTL COM 580037109 89 4025 SH DEFINED 0103 4025
MCDONALDS COM 580135101 135375 3000000 SH DEFINED 0126 3000000
MCDONALDS COM 580135101 5898 130700 SH DEFINED 0125 130700
MCDONALDS COM 580135101 3813 84500 SH DEFINED 011622 84500
MCDONALDS COM 580135101 8461 187500 SH DEFINED 011623 187500
MCDONALDS COM 580135101 18050 400000 SH DEFINED 011618 400000
MCDONALDS COM 580135101 50483 1118805 SH DEFINED 0102 1118805
MCDONALDS COM 580135101 5662 125484 SH DEFINED 0103 125484
MCDONNELL DOUGLASS COM 580169100 561 6100 SH DEFINED 0125 6100
MCDONNELL DOUGLASS COM 580169100 119 1300 SH DEFINED 0102 1300
MCDONNELL DOUGLASS COM 580169100 893 9699 SH DEFINED 0103 9699
MCDONNELL DOUGLASS COM 580169100 2944 32000 SH DEFINED 01 32000
MCGRAW-HILL COS INC COM 580645109 21781 250000 SH DEFINED 0130 250000
MCGRAW-HILL COS INC COM 580645109 10891 125000 SH DEFINED 0108 125000
MCGRAW-HILL COS INC COM 580645109 462 5300 SH DEFINED 0125 5300
MCGRAW-HILL COS INC COM 580645109 12198 140000 SH DEFINED 0107 140000
MCGRAW-HILL COS INC COM 580645109 131 1500 SH DEFINED 0102 1500
MCGRAW-HILL COS INC COM 580645109 21781 250000 SH DEFINED 0131 250000
MCGRAW-HILL COS INC COM 580645109 1223 14044 SH DEFINED 0103 14044
MEAD CORP COM 582834107 201 3850 SH DEFINED 0103 3850
MEDAPHIS CORP COM 584028104 9250 250000 SH DEFINED 0106 250000
MEDAPHIS CORP COM 584028104 2405 65000 SH DEFINED 011619 65000
MEDAPHIS CORP COM 584028104 9250 250000 SH DEFINED 011614 250000
MEDAPHIS CORP COM 584028104 10906 294692 SH DEFINED 0102 294692
MEDAPHIS CORP COM 584028104 9553 258200 SH DEFINED 0131 258200
<PAGE> PAGE 41
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MEDAPHIS CORP COM 584028104 855 23100 SH DEFINED 0103 23100
MEDEVA PLC -SPON AD COM 58410H203 756 44465 SH DEFINED 01 44465
MEDIC COMPUTER COM 584472104 8422 139200 SH DEFINED 0102 139200
MEDIC COMPUTER COM 584472104 266 4400 SH DEFINED 0103 4400
MEDICAL CARE INTL CONV BOND 584505AC5 6565 6500000 PRN DEFINED 0124 6500000
MEDITRUST COM 58501T108 13950 400000 SH DEFINED 0113 400000
MEDTRONIC COM 585055106 11175 200000 SH DEFINED 0130 200000
MEDTRONIC COM 585055106 128513 2300000 SH DEFINED 0126 2300000
MEDTRONIC COM 585055106 33525 600000 SH DEFINED 0111 600000
MEDTRONIC COM 585055106 44700 800000 SH DEFINED 0124 800000
MEDTRONIC COM 585055106 2654 47500 SH DEFINED 0125 47500
MEDTRONIC COM 585055106 10058 180000 SH DEFINED 011622 180000
MEDTRONIC COM 585055106 22350 400000 SH DEFINED 011623 400000
MEDTRONIC COM 585055106 6705 120000 SH DEFINED 011618 120000
MEDTRONIC COM 585055106 10058 180000 SH DEFINED 011614 180000
MEDTRONIC COM 585055106 87870 1572695 SH DEFINED 0102 1572695
MEDTRONIC COM 585055106 20545 367700 SH DEFINED 0131 367700
MEDTRONIC COM 585055106 4024 72022 SH DEFINED 0103 72022
MEDTRONIC COM 585055106 16483 295000 SH DEFINED 01 295000
MELLON BANK CORP COM 585509102 1059 19700 SH DEFINED 0125 19700
MELLON BANK CORP COM 585509102 258 4800 SH DEFINED 0102 4800
MELLON BANK CORP COM 585509102 854 15891 SH DEFINED 0103 15891
MELVILLE CORP COM 585745102 23063 750000 SH DEFINED 0113 750000
MELVILLE CORP COM 585745102 6919 225000 SH DEFINED 0107 225000
MELVILLE CORP COM 585745102 36900 1200000 SH DEFINED 011516 1200000
MELVILLE CORP COM 585745102 584 19000 SH DEFINED 011620 19000
MELVILLE CORP COM 585745102 156 5100 SH DEFINED 0102 5100
MELVILLE CORP COM 585745102 16913 550000 SH DEFINED 0131 550000
MELVILLE CORP COM 585745102 848 27593 SH DEFINED 0103 27593
MENS WEARHOUSE INC COM 587118100 1175 45639 SH DEFINED 0103 45639
MERCANTILE STORES COM 587533100 126 2732 SH DEFINED 0103 2732
MERCK COM 589331107 39450 600000 SH DEFINED 0130 600000
MERCK COM 589331107 11506 175000 SH DEFINED 0108 175000
MERCK COM 589331107 78900 1200000 SH DEFINED 0126 1200000
MERCK COM 589331107 36163 550000 SH DEFINED 0124 550000
MERCK COM 589331107 6739 102500 SH DEFINED 0125 102500
MERCK COM 589331107 11506 175000 SH DEFINED 0107 175000
MERCK COM 589331107 23013 350000 SH DEFINED 011618 350000
MERCK COM 589331107 2433 37000 SH DEFINED 011620 37000
MERCK COM 589331107 152969 2326555 SH DEFINED 0102 2326555
MERCK COM 589331107 8112 123381 SH DEFINED 0103 123381
MERCK COM 589331107 10159 154516 SH DEFINED 01 154516
MEREDITH CORP COM 589433101 84 1995 SH DEFINED 0103 1995
MERRILL LYNCH & CO COM 590188108 30600 600000 SH DEFINED 0111 600000
MERRILL LYNCH & CO COM 590188108 246 4800 SH DEFINED 0102 4800
MERRILL LYNCH & CO COM 590188108 800 15694 SH DEFINED 0103 15694
MERRY LAND & INVT CO COM 590438107 2363 100000 SH DEFINED 011618 100000
METHANEX CORP COM 59151K108 1463 200000 SH DEFINED 0109 200000
METHANEX CORP COM 59151K108 1463 200000 SH DEFINED 011621 200000
METHODE ELEC COM 591520200 6413 450000 SH DEFINED 0106 450000
<PAGE> PAGE 42
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
METHODE ELEC COM 591520200 3669 257500 SH DEFINED 01 257500
MICROSOFT COM 594918104 87750 1000000 SH DEFINED 0126 1000000
MICROSOFT COM 594918104 17550 200000 SH DEFINED 0111 200000
MICROSOFT COM 594918104 21938 250000 SH DEFINED 0124 250000
MICROSOFT COM 594918104 1764 20100 SH DEFINED 0125 20100
MICROSOFT COM 594918104 3071 35000 SH DEFINED 011622 35000
MICROSOFT COM 594918104 7020 80000 SH DEFINED 011623 80000
MICROSOFT COM 594918104 11408 130000 SH DEFINED 011618 130000
MICROSOFT COM 594918104 77685 885289 SH DEFINED 0102 885289
MICROSOFT COM 594918104 6143 70000 SH DEFINED 0131 70000
MICROSOFT COM 594918104 5710 65062 SH DEFINED 0103 65062
MICROSOFT COM 594918104 8555 97500 SH DEFINED 01 97500
MICRO-CHIP COM 595017104 1643 45000 SH DEFINED 011619 45000
MICRO-CHIP COM 595017104 9125 250000 SH DEFINED 011614 250000
MICRON TECHNOLOGY COM 595112103 559 14100 SH DEFINED 0125 14100
MICRON TECHNOLOGY COM 595112103 155 3900 SH DEFINED 0102 3900
MICRON TECHNOLOGY COM 595112103 775 19564 SH DEFINED 0103 19564
MICROWAVE POWER DEVS COM 59517M103 187 16800 SH DEFINED 011619 16800
MICROWAVE POWER DEVS COM 59517M103 703 63200 SH DEFINED 011614 63200
MID-AMERICA APT COM 59522J103 6549 264600 SH DEFINED 0130 264600
MID-AMERICA APT COM 59522J103 5247 212000 SH DEFINED 0107 212000
MID ATLANTIC MEDICAL COM 59523C107 13338 550000 SH DEFINED 0106 550000
MIDAMERICAN ENERGY PREFERRED STOCK 595620204 7825 73300 SH DEFINED 0105 73300
MIDAMERICAN ENERGY PREFERRED STOCK 595620204 3736 35000 SH DEFINED 01 35000
HERMAN MILLER COM 600544100 6600 220000 SH DEFINED 0128 220000
MILLER INDUS COM 600551105 1856 75000 SH DEFINED 011619 75000
MILLIPORE CORP COM 601073109 136 3305 SH DEFINED 0103 3305
MILLS COM 601148109 5654 332600 SH DEFINED 0113 332600
MN MINING & MFG CO COM 604059105 2041 30804 SH DEFINED 0103 30804
MN P & L 144A $100 PREFERRED STOCK 6041103#1 4993 50000 SH DEFINED 0105 50000
MN P & L 144A $100 PREFERRED STOCK 6041103#1 2996 30000 SH DEFINED 01 30000
MN P&L 144A 6.70 PREFERRED STOCK 604110999 10200 100000 SH DEFINED 0105 100000
MIRAGE RESORTS INC COM 60462E104 33638 975000 SH DEFINED 0126 975000
MRS FIELDS COM 60650*990 605 20176717 SH DEFINED 0105 20176717
MOBIL COM 607059102 16800 150000 SH DEFINED 0130 150000
MOBIL COM 607059102 89600 800000 SH DEFINED 0126 800000
MOBIL COM 607059102 28000 250000 SH DEFINED 0113 250000
MOBIL COM 607059102 22400 200000 SH DEFINED 0111 200000
MOBIL COM 607059102 5600 50000 SH DEFINED 0132 50000
MOBIL COM 607059102 2542 22700 SH DEFINED 0125 22700
MOBIL COM 607059102 15680 140000 SH DEFINED 0107 140000
MOBIL COM 607059102 4480 40000 SH DEFINED 011622 40000
MOBIL COM 607059102 8960 80000 SH DEFINED 011623 80000
MOBIL COM 607059102 28000 250000 SH DEFINED 011516 250000
MOBIL COM 607059102 33600 300000 SH DEFINED 011618 300000
MOBIL COM 607059102 178488 1593633 SH DEFINED 0102 1593633
MOBIL COM 607059102 24080 215000 SH DEFINED 0131 215000
MOBIL COM 607059102 6626 59154 SH DEFINED 0103 59154
MOBIL COM 607059102 10528 94000 SH DEFINED 01 94000
MOBILE MEDIA CL A COM 607415106 1262 56700 SH DEFINED 011619 56700
<PAGE> PAGE 43
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MOBILE MEDIA CL A COM 607415106 5680 255300 SH DEFINED 011614 255300
MOBILE MEDIA CL A COM 607415106 6982 313800 SH DEFINED 0102 313800
MOBILE MEDIA CL A COM 607415106 3578 160800 SH DEFINED 0131 160800
MOBILE MEDIA CL A COM 607415106 652 29300 SH DEFINED 0103 29300
MOL GDS COM 608464103 17835 2175000 SH DEFINED 0130 2175000
MOL GDS COM 608464103 5125 625000 SH DEFINED 0135 625000
MOLEX INC COM 608554101 1060 33400 SH DEFINED 011619 33400
MOLEX INC COM 608554101 4337 136600 SH DEFINED 011614 136600
MOLEX INC COM 608554101 6448 202950 SH DEFINED 0102 202950
MOLEX INC COM 608554101 4211 132625 SH DEFINED 0131 132625
MOLEX INC COM 608554101 242 7625 SH DEFINED 0103 7625
MOLEX INC CL A COM 608554200 189 6168 SH DEFINED 0102 6168
MONSANTO COMPANY COM 611662107 147000 1200000 SH DEFINED 0126 1200000
MONSANTO COMPANY COM 611662107 11638 95000 SH DEFINED 0107 95000
MONSANTO COMPANY COM 611662107 1019 8318 SH DEFINED 0103 8318
MOORE CORP COM 615785102 39908 2142700 SH DEFINED 011516 2142700
MOORE CORP COM 615785102 135 7268 SH DEFINED 0103 7268
JP MORGAN & CO INC COM 616880100 28088 350000 SH DEFINED 0130 350000
JP MORGAN & CO INC COM 616880100 22069 275000 SH DEFINED 0113 275000
JP MORGAN & CO INC COM 616880100 1116 13904 SH DEFINED 0103 13904
MORGAN STANLEY GROUP COM 617446109 9272 115000 SH DEFINED 0108 115000
MORGAN STANLEY GROUP COM 617446109 456 5654 SH DEFINED 0103 5654
MS-DURACELL DEC CVT CONV PFD STOCK 617446679 10067 195000 SH DEFINED 0130 195000
MS-DURACELL DEC CVT CONV PFD STOCK 617446679 6969 135000 SH DEFINED 0107 135000
MORTON INTERNATIONAL COM 619331101 57 1600 SH DEFINED 0125 1600
MORTON INTERNATIONAL COM 619331101 7175 200000 SH DEFINED 011618 200000
MORTON INTERNATIONAL COM 619331101 1256 35000 SH DEFINED 011620 35000
MORTON INTERNATIONAL COM 619331101 1794 50000 SH DEFINED 011614 50000
MORTON INTERNATIONAL COM 619331101 24208 674786 SH DEFINED 0102 674786
MORTON INTERNATIONAL COM 619331101 5152 143600 SH DEFINED 0131 143600
MORTON INTERNATIONAL COM 619331101 942 26263 SH DEFINED 0103 26263
MORTON INTERNATIONAL COM 619331101 1076 30000 SH DEFINED 01 30000
MOTOROLA COM 620076109 22800 400000 SH DEFINED 0111 400000
MOTOROLA COM 620076109 1032 18100 SH DEFINED 0125 18100
MOTOROLA COM 620076109 4275 75000 SH DEFINED 011622 75000
MOTOROLA COM 620076109 8550 150000 SH DEFINED 011623 150000
MOTOROLA COM 620076109 531 9360 SH DEFINED 0102 9360
MOTOROLA COM 620076109 2407 42231 SH DEFINED 0103 42231
MURPHY OIL COM 626717102 4150 100000 SH DEFINED 0128 100000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 17197 42200000 PRN DEFINED 0130 42200000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 4890 12000000 PRN DEFINED 0104 12000000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 16300 40000000 PRN DEFINED 0106 40000000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 3668 9000000 PRN DEFINED 011621 9000000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 1141 2800000 PRN DEFINED 011620 2800000
MUTUAL RISK COM 628351108 18300 400000 SH DEFINED 0130 400000
MUTUAL RISK COM 628351108 1647 36000 SH DEFINED 011620 36000
MUTUAL RISK COM 628351108 14860 324800 SH DEFINED 0102 324800
MUTUAL RISK COM 628351108 549 12000 SH DEFINED 0103 12000
MYLAN LABS COM 628530107 31138 1325000 SH DEFINED 011516 1325000
MYLEX CORP COM 628546103 8606 450000 SH DEFINED 0106 450000
<PAGE> PAGE 44
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
MYLEX CORP COM 628546103 1913 100000 SH DEFINED 011619 100000
NBTY INC COM 628782104 1912 402500 SH DEFINED 011516 402500
NCI BUILDING SYSTEMS COM 628852105 1980 80000 SH DEFINED 011619 80000
NAC RE 144A CONV BOND 628907AC1 13399 13250000 PRN DEFINED 0130 13250000
NAC RE 144A CONV BOND 628907AC1 3539 3500000 PRN DEFINED 0104 3500000
NAC RE 144A CONV BOND 628907AC1 1770 1750000 PRN DEFINED 011621 1750000
NAC RE CORPORATION COM 628907107 5623 156200 SH DEFINED 0108 156200
NAC RE CORPORATION COM 628907107 14 400 SH DEFINED 0102 400
NAC RE CORPORATION COM 628907107 4882 135600 SH DEFINED 0131 135600
NAC RE CORPORATION COM 628907107 274 7600 SH DEFINED 0103 7600
NIPSCO COM 629140104 9563 250000 SH DEFINED 0132 250000
NUCO 2 COM 629428103 975 75000 SH DEFINED 011619 75000
NVR INC COM 62944T105 1000 100000 SH DEFINED 0109 100000
NABISCO HOLDINGS COM 629526104 16313 500000 SH DEFINED 011516 500000
NABORS INDUSTRIES IN COM 629568106 1780 160000 SH DEFINED 011619 160000
NACCO IND CL A COM 629579103 37 661 SH DEFINED 0103 661
NALCO CHEMICAL COM 629853102 12050 400000 SH DEFINED 0130 400000
NALCO CHEMICAL COM 629853102 24100 800000 SH DEFINED 0113 800000
NALCO CHEMICAL COM 629853102 12201 405000 SH DEFINED 0107 405000
NALCO CHEMICAL COM 629853102 149 4930 SH DEFINED 0103 4930
NAT'L AUTO CR HLDG COM 632900106 1349 83000 SH DEFINED 011620 83000
NATIONAL CITY CORP COM 635405103 19875 600000 SH DEFINED 0113 600000
NATIONAL CITY CORP COM 635405103 354 10673 SH DEFINED 0103 10673
NATL ENT 4.75 CONV BOND 635819AA3 1 20000 PRN DEFINED 0102 20000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 2552 83000 SH DEFINED 0104 83000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1845 60000 SH DEFINED 0109 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1230 40000 SH DEFINED 011621 40000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 308 10000 SH DEFINED 011620 10000
NATIONAL POWER PLC COM 637194507 7863 850000 SH DEFINED 0130 850000
NATIONAL POWER PLC COM 637194507 1341 145000 SH DEFINED 0132 145000
NATIONAL POWER PLC COM 637194507 6429 695000 SH DEFINED 0124 695000
NATL PRESTO IND COM 637215104 4094 103000 SH DEFINED 0128 103000
NATL SEMICONDUCTOR COM 637640103 211 9480 SH DEFINED 0103 9480
NATL SERVICES IND COM 637657107 115 3545 SH DEFINED 0103 3545
NAT CORP HOUSING COM 637995994 100 500 SH DEFINED 01 500
NATIONS BANK COM 638585109 27850 400000 SH DEFINED 0130 400000
NATIONS BANK COM 638585109 31331 450000 SH DEFINED 0113 450000
NATIONS BANK COM 638585109 17406 250000 SH DEFINED 0124 250000
NATIONS BANK COM 638585109 1281 18400 SH DEFINED 0125 18400
NATIONS BANK COM 638585109 15666 225000 SH DEFINED 0107 225000
NATIONS BANK COM 638585109 412 5920 SH DEFINED 0102 5920
NATIONS BANK COM 638585109 24369 350000 SH DEFINED 0131 350000
NATIONS BANK COM 638585109 2737 39302 SH DEFINED 0103 39302
NATIONWIDE HEALTH COM 638620104 8400 200000 SH DEFINED 011618 200000
NATIONWIDE HEALTH COM 638620104 1302 31000 SH DEFINED 01 31000
NAVISTAR INTL CORP COM 63934E108 1026 97696 SH DEFINED 0103 97696
NEDCOR WRWT COM 63975P111 646 110000 SH DEFINED 0130 110000
NEDCOR GDR'S COM 63975P202 7482 440000 SH DEFINED 0130 440000
NELLCOR PURITAN BEN COM 640275103 20552 354347 SH DEFINED 0103 354347
NERA TELECOM ADS COM 640806105 6013 185000 SH DEFINED 011614 185000
<PAGE> PAGE 45
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NERA TELECOM ADS COM 640806105 5207 160200 SH DEFINED 0131 160200
NERA TELECOM ADS COM 640806105 299 9200 SH DEFINED 0103 9200
NETWORK GENERAL COM 641210109 10013 300000 SH DEFINED 011516 300000
NETWORK GENERAL COM 641210109 1669 50000 SH DEFINED 011619 50000
NETWORK GENERAL COM 641210109 8344 250000 SH DEFINED 011614 250000
NEW ENGLAND ELEC SYS COM 644001109 9906 250000 SH DEFINED 0132 250000
NJ NATL GAS 100 144A PREFERRED STOCK 645869207 22150 200000 SH DEFINED 0105 200000
NEW JERSEY RESOURCES COM 646025106 4636 153900 SH DEFINED 0128 153900
NEW JERSEY RESOURCES COM 646025106 11297 375000 SH DEFINED 0132 375000
NEW JERSEY RESOURCES COM 646025106 452 15000 SH DEFINED 01 15000
NEW WORLD COM 64927A103 12250 700000 SH DEFINED 0124 700000
NEW WORLD COM 64927A103 5250 300000 SH DEFINED 011516 300000
NEW WORLD COM 64927A103 21 1200 SH DEFINED 0102 1200
NEW WORLD COM 64927A103 7221 412600 SH DEFINED 0131 412600
NEW WORLD COM 64927A103 403 23000 SH DEFINED 0103 23000
NEW YORK TIMES CLA COM 650111107 212 7140 SH DEFINED 0103 7140
NEWELL CO COM 651192106 25875 1000000 SH DEFINED 011516 1000000
NEWELL CO COM 651192106 7763 300000 SH DEFINED 011618 300000
NEWELL CO COM 651192106 302 11658 SH DEFINED 0103 11658
NEWFIELD EXPLORATION COM 651290108 6368 235800 SH DEFINED 0102 235800
NEWFIELD EXPLORATION COM 651290108 205 7600 SH DEFINED 0103 7600
NEWMONT GOLD CORP COM 651637100 1094 25000 SH DEFINED 0127 25000
NEWMONT MINING COM 651639106 22625 500000 SH DEFINED 0124 500000
NEWMONT MINING COM 651639106 295 6517 SH DEFINED 0103 6517
NEXTEL COMMUNICATION COM 65332V103 33925 2300000 SH DEFINED 011516 2300000
NEXGEN COM 653329102 57 4500 SH DEFINED 0102 4500
NIAGARA MOHAWK POWER COM 653522102 101 10447 SH DEFINED 0103 10447
NICOR COM 654086107 6188 225000 SH DEFINED 0132 225000
NICOR COM 654086107 103 3746 SH DEFINED 0103 3746
NIKE INC CL B COM 654106103 27850 400000 SH DEFINED 0111 400000
NIKE INC CL B COM 654106103 487 7000 SH DEFINED 0125 7000
NIKE INC CL B COM 654106103 3481 50000 SH DEFINED 011622 50000
NIKE INC CL B COM 654106103 7659 110000 SH DEFINED 011623 110000
NIKE INC CL B COM 654106103 140 2000 SH DEFINED 0102 2000
NIKE INC CL B COM 654106103 869 12486 SH DEFINED 0103 12486
NOKIA PREFERRED COM 654902204 19438 500000 SH DEFINED 0130 500000
NOKIA PREFERRED COM 654902204 11663 300000 SH DEFINED 0126 300000
NOKIA PREFERRED COM 654902204 2916 75000 SH DEFINED 0132 75000
NOKIA PREFERRED COM 654902204 7775 200000 SH DEFINED 0124 200000
NOKIA PREFERRED COM 654902204 40819 1050000 SH DEFINED 011516 1050000
NOKIA PREFERRED COM 654902204 23325 600000 SH DEFINED 011618 600000
NOKIA PREFERRED COM 654902204 389 10000 SH DEFINED 011620 10000
NOKIA PREFERRED COM 654902204 6270 161300 SH DEFINED 01 161300
NORAM ENERGY CORP COM 655419109 55796 6286821 SH DEFINED 0103 6286821
NORDBANKEN COM 65555R102 3450 100000 SH DEFINED 0135 100000
NORDSTROM INC COM 655664100 7088 175000 SH DEFINED 0108 175000
NORDSTROM INC COM 655664100 18225 450000 SH DEFINED 0113 450000
NORDSTROM INC COM 655664100 22275 550000 SH DEFINED 0124 550000
NORDSTROM INC COM 655664100 486 12000 SH DEFINED 011620 12000
NORDSTROM INC COM 655664100 21263 525000 SH DEFINED 0131 525000
<PAGE> PAGE 46
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NORDSTROM INC COM 655664100 1018 25114 SH DEFINED 0103 25114
NORDSTROM INC COM 655664100 810 20000 SH DEFINED 01 20000
NORFOLK SOUTHERN CO COM 655844108 23813 300000 SH DEFINED 0130 300000
NORFOLK SOUTHERN CO COM 655844108 31750 400000 SH DEFINED 0113 400000
NORFOLK SOUTHERN CO COM 655844108 12700 160000 SH DEFINED 011618 160000
NORFOLK SOUTHERN CO COM 655844108 278 3500 SH DEFINED 0102 3500
NORFOLK SOUTHERN CO COM 655844108 21828 275000 SH DEFINED 0131 275000
NORFOLK SOUTHERN CO COM 655844108 1597 20116 SH DEFINED 0103 20116
NORTHRN ST PWR CO MN COM 665772109 19650 400000 SH DEFINED 0113 400000
NORTHRN ST PWR CO MN COM 665772109 9825 200000 SH DEFINED 0132 200000
NORTHRN ST PWR CO MN COM 665772109 12773 260000 SH DEFINED 0107 260000
NORTHRN ST PWR CO MN COM 665772109 14738 300000 SH DEFINED 011618 300000
NORTHRN ST PWR CO MN COM 665772109 264 5400 SH DEFINED 0102 5400
NORTHRN ST PWR CO MN COM 665772109 246 5001 SH DEFINED 0103 5001
NORTHRN ST PWR CO MN COM 665772109 1474 30000 SH DEFINED 01 30000
NORTHRN TELECOM COM 665815106 13975 325000 SH DEFINED 0130 325000
NORTHRN TELECOM COM 665815106 8600 200000 SH DEFINED 0132 200000
NORTHRN TELECOM COM 665815106 7043 163800 SH DEFINED 0112 163800
NORTHRN TELECOM COM 665815106 3100 72100 SH DEFINED 0125 72100
NORTHRN TELECOM COM 665815106 7624 177300 SH DEFINED 011617 177300
NORTHRN TELECOM COM 665815106 7525 175000 SH DEFINED 011614 175000
NORTHRN TELECOM COM 665815106 8505 197800 SH DEFINED 0102 197800
NORTHRN TELECOM COM 665815106 1184 27529 SH DEFINED 0103 27529
NORTHRN TELECOM COM 665815106 9387 218315 SH DEFINED 01 218315
NORTHROP GRUMMAN COR COM 666807102 16000 250000 SH DEFINED 011618 250000
NORTHROP GRUMMAN COR COM 666807102 232 3627 SH DEFINED 0103 3627
NWA COM 667280101 17850 350000 SH DEFINED 0111 350000
NWA COM 667280101 3825 75000 SH DEFINED 011622 75000
NWA COM 667280101 7650 150000 SH DEFINED 011623 150000
NWA COM 667280101 281 5500 SH DEFINED 0102 5500
NORTON MCNAUGHTON COM 668685100 8344 750000 SH DEFINED 011516 750000
NORWEST CORP COM 669380107 13200 400000 SH DEFINED 0130 400000
NORWEST CORP COM 669380107 59400 1800000 SH DEFINED 0126 1800000
NORWEST CORP COM 669380107 26400 800000 SH DEFINED 0113 800000
NORWEST CORP COM 669380107 1030 31200 SH DEFINED 0125 31200
NORWEST CORP COM 669380107 23100 700000 SH DEFINED 011516 700000
NORWEST CORP COM 669380107 3300 100000 SH DEFINED 011618 100000
NORWEST CORP COM 669380107 25395 769530 SH DEFINED 0102 769530
NORWEST CORP COM 669380107 19800 600000 SH DEFINED 0131 600000
NORWEST CORP COM 669380107 1561 47324 SH DEFINED 0103 47324
NOVELL INC COM 670006105 14250 1000000 SH DEFINED 0126 1000000
NOVELL INC COM 670006105 29 2000 SH DEFINED 0125 2000
NOVELL INC COM 670006105 133950 9400000 SH DEFINED 011516 9400000
NOVELL INC COM 670006105 5273 370000 SH DEFINED 011618 370000
NOVELL INC COM 670006105 1853 130000 SH DEFINED 011619 130000
NOVELL INC COM 670006105 7481 525000 SH DEFINED 011614 525000
NOVELL INC COM 670006105 464 32518 SH DEFINED 0102 32518
NOVELL INC COM 670006105 407 28545 SH DEFINED 0103 28545
NUCOR CORP COM 670346105 51413 900000 SH DEFINED 0111 900000
NUCOR CORP COM 670346105 1628 28500 SH DEFINED 0125 28500
<PAGE> PAGE 47
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
NUCOR CORP COM 670346105 6855 120000 SH DEFINED 011622 120000
NUCOR CORP COM 670346105 15252 267000 SH DEFINED 011623 267000
NUCOR CORP COM 670346105 112272 1965242 SH DEFINED 0102 1965242
NUCOR CORP COM 670346105 1881 32936 SH DEFINED 0103 32936
NUCOR CORP COM 670346105 16853 295024 SH DEFINED 01 295024
NUEVO ENERGY CO COM 670509108 6153 275000 SH DEFINED 0106 275000
NYNEX CABLE ADS COM 670764109 8123 467500 SH DEFINED 0130 467500
NYNEX CABLE ADS COM 670764109 16506 950000 SH DEFINED 0124 950000
NYNEX CABLE ADS COM 670764109 4691 270000 SH DEFINED 0135 270000
NYNEX COM 670768100 10800 200000 SH DEFINED 0132 200000
NYNEX COM 670768100 1709 31657 SH DEFINED 0103 31657
OASIS COM 674216106 3868 170000 SH DEFINED 0107 170000
OASIS COM 674216106 500 21960 SH DEFINED 01 21960
OCCIDENTAL PETROLEUM COM 674599105 17100 800000 SH DEFINED 0124 800000
OCCIDENTAL PETROLEUM COM 674599105 496 23186 SH DEFINED 0103 23186
OFFICE MAX COM 67622M108 17900 800000 SH DEFINED 0106 800000
OFFICE MAX COM 67622M108 4475 200000 SH DEFINED 011618 200000
OFFICE MAX COM 67622M108 750 33500 SH DEFINED 011620 33500
OFFICE MAX COM 67622M108 4790 214050 SH DEFINED 01 186000 28050
OFFICE DEP PUT 11/00 CONV BOND 676220AB2 11600 20000000 PRN DEFINED 0106 20000000
OFFICE DEPOT INC COM 676220106 17848 903700 SH DEFINED 0130 903700
OFFICE DEPOT INC COM 676220106 5947 301131 SH DEFINED 0103 301131
OFFICE DEPOT INC COM 676220106 2880 145810 SH DEFINED 01 145810
OGDEN CORP COM 676346109 77 3587 SH DEFINED 0103 3587
OHIO EDISON COM 677347106 263 11181 SH DEFINED 0103 11181
OHIO POWER CO $100 PREFERRED STOCK 677415796 3587 36000 SH DEFINED 0105 36000
OKLAHOMA GAS & ELEC COM 678858101 8600 200000 SH DEFINED 0132 200000
OLSTEN CORP COM 681385100 15800 400000 SH DEFINED 0111 400000
OLSTEN CORP COM 681385100 15800 400000 SH DEFINED 011618 400000
OLSTEN CORP COM 681385100 1975 50000 SH DEFINED 011619 50000
OLSTEN CORP COM 681385100 7900 200000 SH DEFINED 011614 200000
OLSTEN CORP COM 681385100 193 4900 SH DEFINED 0102 4900
OLSTEN CORP COM 681385100 5175 131000 SH DEFINED 0131 131000
OLSTEN CORP COM 681385100 296 7500 SH DEFINED 0103 7500
OLYMPIC FINANCIAL LT COM 681593109 813 50000 SH DEFINED 0109 50000
OMNICARE, INC. COM 681904108 24040 537200 SH DEFINED 0102 537200
OMNICARE, INC. COM 681904108 644 14400 SH DEFINED 0103 14400
OMEGA HEALTH CARE COM 681936100 5325 200000 SH DEFINED 0130 200000
OMEGA HEALTH CARE COM 681936100 7988 300000 SH DEFINED 0113 300000
OMEGA HEALTH CARE COM 681936100 4393 165000 SH DEFINED 0107 165000
OMEGA HEALTH CARE COM 681936100 260 9748 SH DEFINED 01 9748
ONEOK INC COM 682678107 45 1982 SH DEFINED 0103 1982
ORACLE CORP COM COM 68389X105 101700 2400000 SH DEFINED 0126 2400000
ORACLE CORP COM COM 68389X105 38138 900000 SH DEFINED 0111 900000
ORACLE CORP COM COM 68389X105 479 11300 SH DEFINED 0125 11300
ORACLE CORP COM COM 68389X105 8475 200000 SH DEFINED 011622 200000
ORACLE CORP COM COM 68389X105 19238 454000 SH DEFINED 011623 454000
ORACLE CORP COM COM 68389X105 6356 150000 SH DEFINED 011618 150000
ORACLE CORP COM COM 68389X105 19069 450000 SH DEFINED 011614 450000
ORACLE CORP COM COM 68389X105 1257 29656 SH DEFINED 0102 29656
<PAGE> PAGE 48
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ORACLE CORP COM COM 68389X105 19132 451500 SH DEFINED 0131 451500
ORACLE CORP COM COM 68389X105 2757 65062 SH DEFINED 0103 65062
ORACLE CORP COM COM 68389X105 4350 102660 SH DEFINED 01 102660
OPTI INC COM 683960108 5 600 SH DEFINED 0102 600
ORANGE ROCKLAND$100 PREFERRED STOCK 6840654*3 1323 13098 SH DEFINED 0105 13098
ORION NETWORK SYS COM 68628K104 5653 675000 SH DEFINED 0135 675000
ORYX ENERGY CO COM 68763F100 101 7584 SH DEFINED 0103 7584
OUTBOARD MARINE COM 690020102 29 1428 SH DEFINED 0103 1428
OWENS & MINOR INC COM 690732102 30600 2400000 SH DEFINED 011516 2400000
OWENS CORNIG FIB NEW COM 690734207 166 3690 SH DEFINED 0103 3690
PECO ENERGY COM 693304107 9791 325000 SH DEFINED 0132 325000
PECO ENERGY COM 693304107 12 400 SH DEFINED 0102 400
PECO ENERGY COM 693304107 492 16333 SH DEFINED 0103 16333
PMT SERVICES COM 693457103 6806 225000 SH DEFINED 011516 225000
PNC FINL CORP COM 693475105 542 16791 SH DEFINED 0103 16791
PP & L RESOURCES COM 693499105 273 10907 SH DEFINED 0103 10907
PPG INDUSTRIES INC COM 693506107 9150 200000 SH DEFINED 0107 200000
PPG INDUSTRIES INC COM 693506107 21731 475000 SH DEFINED 0131 475000
PPG INDUSTRIES INC COM 693506107 1460 31910 SH DEFINED 0103 31910
PT TRI POLYTA COM 69365B109 3438 250000 SH DEFINED 0135 250000
TAMBANG TIMAHGDR144A COM 69365J102 6075 500000 SH DEFINED 0135 500000
PXRE CORP COM 693674103 7288 275000 SH DEFINED 0106 275000
PACCAR INC COM 693718108 118 2794 SH DEFINED 0103 2794
PACIFIC ENTERPRISES COM 694232109 201 7100 SH DEFINED 0125 7100
PACIFIC ENTERPRISES COM 694232109 71 2500 SH DEFINED 0102 2500
PACIFIC ENTERPRISES COM 694232109 269 9533 SH DEFINED 0103 9533
PACIFIC GAS & ELEC COM 694308107 890 31373 SH DEFINED 0103 31373
PACIFIC GAS & ELEC PREFERRED STOCK 694308651 583 24000 SH DEFINED 0105 24000
PACIFIC GAS & ELEC PREFERRED STOCK 694308693 14471 567500 SH DEFINED 0105 567500
PACIFIC TELESIS COM 694890104 306 9100 SH DEFINED 0125 9100
PACIFIC TELESIS COM 694890104 21856 650000 SH DEFINED 011516 650000
PACIFIC TELESIS COM 694890104 37 1100 SH DEFINED 0102 1100
PACIFIC TELESIS COM 694890104 1073 31924 SH DEFINED 0103 31924
PACIFICARE HEALTHCLB COM 695110205 28710 330000 SH DEFINED 011618 330000
PACIFICORP COM 695114108 443 20848 SH DEFINED 0103 20848
PACIFICORP $100 PAR PREFERRED STOCK 695114678 16800 150000 SH DEFINED 0105 150000
PACIFICORP $100 PAR PREFERRED STOCK 695114678 1120 10000 SH DEFINED 0116 10000
PAGEMART NATIONWIDE COM 69553Q108 476 50750 SH DEFINED 0109 50750
PAGING NETWORK INC. COM 695542100 4875 200000 SH DEFINED 0132 200000
PAGING NETWORK INC. COM 695542100 1828 75000 SH DEFINED 011619 75000
PAGING NETWORK INC. COM 695542100 8044 330000 SH DEFINED 011614 330000
PAGING NETWORK INC. COM 695542100 15360 630100 SH DEFINED 0102 630100
PAGING NETWORK INC. COM 695542100 5538 227200 SH DEFINED 0131 227200
PAGING NETWORK INC. COM 695542100 826 33900 SH DEFINED 0103 33900
PAINEWEBBER MASTER COM 695910885 1 135 SH DEFINED 01 135
PAIR GAIN TECH COM 695934109 9581 175000 SH DEFINED 0106 175000
PAIR GAIN TECH COM 695934109 3011 55000 SH DEFINED 011619 55000
PALL CORP COM 696429307 12094 450000 SH DEFINED 0108 450000
PALL CORP COM 696429307 1747 65000 SH DEFINED 011619 65000
PALL CORP COM 696429307 8063 300000 SH DEFINED 011614 300000
<PAGE> PAGE 49
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PALL CORP COM 696429307 225 8382 SH DEFINED 0103 8382
PANAMSAT CORP COM 69830X108 5516 250000 SH DEFINED 0109 250000
PANAMSAT CORP COM 69830X108 2206 100000 SH DEFINED 011619 100000
PANAMSAT CORP COM 69830X108 9377 425000 SH DEFINED 011614 425000
PANHANDLE EASTERN COM 698462108 5575 200000 SH DEFINED 0132 200000
PANHANDLE EASTERN COM 698462108 300 10775 SH DEFINED 0103 10775
PARAGON CORP COM 699116109 7819 450000 SH DEFINED 0113 450000
PARAMETRIC TECH CORP COM 699173100 9975 150000 SH DEFINED 0108 150000
PARAMETRIC TECH CORP COM 699173100 79800 1200000 SH DEFINED 0126 1200000
PARAMETRIC TECH CORP COM 699173100 4575 68800 SH DEFINED 011622 68800
PARAMETRIC TECH CORP COM 699173100 10095 151800 SH DEFINED 011623 151800
PARAMETRIC TECH CORP COM 699173100 2328 35000 SH DEFINED 011619 35000
PARAMETRIC TECH CORP COM 699173100 18620 280000 SH DEFINED 011614 280000
PARAMETRIC TECH CORP COM 699173100 51625 776300 SH DEFINED 0102 776300
PARAMETRIC TECH CORP COM 699173100 22278 335000 SH DEFINED 0131 335000
PARAMETRIC TECH CORP COM 699173100 2733 41100 SH DEFINED 0103 41100
PARKER & PARSLEY PET COM 701018103 7150 325000 SH DEFINED 0106 325000
PARKER-HANNIFIN COM 701094104 185 5387 SH DEFINED 0103 5387
PATTERSON DENTAL COM 703412106 8100 300000 SH DEFINED 011614 300000
PAYCHEX INC COM 704326107 17955 360000 SH DEFINED 011614 360000
PAYCHEX INC COM 704326107 33237 666387 SH DEFINED 0102 666387
PAYCHEX INC COM 704326107 7945 159300 SH DEFINED 0131 159300
PAYCHEX INC COM 704326107 2519 50500 SH DEFINED 0103 50500
PEGASUS GOLD CORP COM 70556K106 1388 100000 SH DEFINED 0127 100000
PEGASUS MED COMM COM 70557G104 225 750 SH DEFINED 0109 750
PENNCORP FINANCIAL G COM 708094107 5875 200000 SH DEFINED 0128 200000
PENNCORP FINANCIAL G COM 708094107 2350 80000 SH DEFINED 011619 80000
PENNCORP FINANCIAL G COM 708094107 10575 360000 SH DEFINED 011614 360000
PENNCORP FINANCIAL G COM 708094107 14522 494400 SH DEFINED 0102 494400
PENNCORP FINANCIAL G COM 708094107 7934 270100 SH DEFINED 0131 270100
PENNCORP FINANCIAL G COM 708094107 908 30900 SH DEFINED 0103 30900
PENNEY J C COM 708160106 26194 550000 SH DEFINED 0130 550000
PENNEY J C COM 708160106 811 17023 SH DEFINED 0103 17023
PENN P&L PFD $100 PREFERRED STOCK 709051643 2550 25000 SH DEFINED 0105 25000
PENN P&L $100 PAR PREFERRED STOCK 709051684 6111 60000 SH DEFINED 0105 60000
PENNZOIL COM 709903108 144 3400 SH DEFINED 0103 3400
PEOPLES CHOICE TV CO COM 710847104 9025 475000 SH DEFINED 011516 475000
PEOPLES ENERGY CORP COM 711030106 82 2574 SH DEFINED 0103 2574
PEOPLE SOFT COM 712713106 8600 200000 SH DEFINED 0106 200000
PEP BOYS COM 713278109 15375 600000 SH DEFINED 0130 600000
PEP BOYS COM 713278109 12172 475000 SH DEFINED 0108 475000
PEP BOYS COM 713278109 10250 400000 SH DEFINED 011618 400000
PEP BOYS COM 713278109 12677 494730 SH DEFINED 0102 494730
PEP BOYS COM 713278109 116 4533 SH DEFINED 0103 4533
PEPSICO COM 713448108 22350 400000 SH DEFINED 0130 400000
PEPSICO COM 713448108 22350 400000 SH DEFINED 0126 400000
PEPSICO COM 713448108 1023 18300 SH DEFINED 0125 18300
PEPSICO COM 713448108 1900 34000 SH DEFINED 011620 34000
PEPSICO COM 713448108 223 4000 SH DEFINED 0102 4000
PEPSICO COM 713448108 3363 60179 SH DEFINED 0103 60179
<PAGE> PAGE 50
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PERCLOSE COM 71361C107 666 34800 SH DEFINED 0111 34800
PERCLOSE COM 71361C107 115 6000 SH DEFINED 011622 6000
PERCLOSE COM 71361C107 252 13200 SH DEFINED 011623 13200
PERCLOSE COM 71361C107 784 41000 SH DEFINED 011620 41000
PERKIN ELMER COM 714041100 116 3068 SH DEFINED 0103 3068
PERRIGO COMPANY COM 714290103 7719 650000 SH DEFINED 011516 650000
PETROLEUM GEO SERV COM 716597109 11250 450000 SH DEFINED 011516 450000
PETSMART COM 716768106 1550 50000 SH DEFINED 011619 50000
PETSMART COM 716768106 6975 225000 SH DEFINED 011614 225000
PETSMART COM 716768106 26139 843185 SH DEFINED 0102 843185
PETSMART COM 716768106 5668 182850 SH DEFINED 0131 182850
PETSMART COM 716768106 1111 35850 SH DEFINED 0103 35850
PHARMACIA & UPJOHN COM 716941109 13950 360000 SH DEFINED 0107 360000
PHARMACIA & UPJOHN COM 716941109 17438 450000 SH DEFINED 011516 450000
PHARMACIA & UPJOHN COM 716941109 1085 28000 SH DEFINED 011620 28000
PHARMACIA & UPJOHN COM 716941109 701 18101 SH DEFINED 0103 18101
PFIZER COM 717081103 37800 600000 SH DEFINED 0130 600000
PFIZER COM 717081103 192150 3050000 SH DEFINED 0126 3050000
PFIZER COM 717081103 37800 600000 SH DEFINED 0111 600000
PFIZER COM 717081103 44100 700000 SH DEFINED 0124 700000
PFIZER COM 717081103 5525 87700 SH DEFINED 0125 87700
PFIZER COM 717081103 8996 142800 SH DEFINED 011622 142800
PFIZER COM 717081103 19921 316200 SH DEFINED 011623 316200
PFIZER COM 717081103 31500 500000 SH DEFINED 011618 500000
PFIZER COM 717081103 1859 29500 SH DEFINED 011620 29500
PFIZER COM 717081103 102507 1626961 SH DEFINED 0102 1626961
PFIZER COM 717081103 19492 309400 SH DEFINED 0131 309400
PFIZER COM 717081103 5437 86301 SH DEFINED 0103 86301
PFIZER COM 717081103 12348 196000 SH DEFINED 01 196000
PHARMACOPEIA COM 71713B104 97 4000 SH DEFINED 011620 4000
PHELPS DODGE COM 717265102 315 5066 SH DEFINED 0103 5066
PHILIP MORRIS COM 718154107 36200 400000 SH DEFINED 0130 400000
PHILIP MORRIS COM 718154107 33938 375000 SH DEFINED 0113 375000
PHILIP MORRIS COM 718154107 7855 86800 SH DEFINED 0125 86800
PHILIP MORRIS COM 718154107 19005 210000 SH DEFINED 0107 210000
PHILIP MORRIS COM 718154107 2715 30000 SH DEFINED 011620 30000
PHILIP MORRIS COM 718154107 112114 1238800 SH DEFINED 0102 1238800
PHILIP MORRIS COM 718154107 21720 240000 SH DEFINED 0131 240000
PHILIP MORRIS COM 718154107 9084 100380 SH DEFINED 0103 100380
PHILIP MORRIS COM 718154107 18791 207630 SH DEFINED 01 159530 48100
PHILIPPINE COM BANK COM 718200991 3362 364380 SH DEFINED 0112 364380
PHILIPPINE COM BANK COM 718200991 4069 441000 SH DEFINED 011617 441000
PHILIPPINE LONG DIST COM 718252604 5683 105000 SH DEFINED 0112 105000
PHILIPPINE LONG DIST COM 718252604 7139 131900 SH DEFINED 011617 131900
PHILLIPS PETROLEUM COM 718507106 423 12400 SH DEFINED 0125 12400
PHILLIPS PETROLEUM COM 718507106 48 1400 SH DEFINED 0102 1400
PHILLIPS PETROLEUM COM 718507106 661 19368 SH DEFINED 0103 19368
PHOENIX SHANNON 144A CONV BOND 719138AA7 1960 2000000 PRN DEFINED 0104 2000000
PHYCOR COM 71940F100 13399 265000 SH DEFINED 011614 265000
PHYCOR COM 71940F100 54328 1074475 SH DEFINED 0102 1074475
<PAGE> PAGE 51
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PHYCOR COM 71940F100 1600 31650 SH DEFINED 0103 31650
PHYS CORP NETWORKS COM 71940K109 2475 275000 SH DEFINED 011619 275000
PHYSICIAN RESOURCE COM 71941S101 1590 80000 SH DEFINED 011619 80000
PHYSICIAN RESOURCE COM 71941S101 5466 275000 SH DEFINED 011614 275000
PIEDMONT BANKGROUP I COM 720126101 128 4930 SH DEFINED 0102 4930
PINNACLE WEST CAPITA COM 723484101 10781 375000 SH DEFINED 0132 375000
PINNACLE WEST CAPITA COM 723484101 2875 100000 SH DEFINED 011618 100000
PIONEER GROUP COM 723684106 273 10000 SH DEFINED 0127 10000
PIONEER HI-BRED COM 723686101 9734 175000 SH DEFINED 0108 175000
PIONEER HI-BRED COM 723686101 22250 400000 SH DEFINED 0126 400000
PIONEER HI-BRED COM 723686101 3744 67300 SH DEFINED 0125 67300
PIONEER HI-BRED COM 723686101 13906 250000 SH DEFINED 011618 250000
PIONEER HI-BRED COM 723686101 11951 214822 SH DEFINED 0102 214822
PIONEER HI-BRED COM 723686101 2009 36120 SH DEFINED 0103 36120
PIONEER HI-BRED COM 723686101 528 9500 SH DEFINED 01 9500
PIONEER STANDARD ELE COM 723877106 3313 250000 SH DEFINED 0128 250000
PITNEY BOWES COM 724479100 16450 350000 SH DEFINED 0130 350000
PITNEY BOWES COM 724479100 35250 750000 SH DEFINED 0124 750000
PITNEY BOWES COM 724479100 4968 105700 SH DEFINED 0125 105700
PITNEY BOWES COM 724479100 14805 315000 SH DEFINED 0107 315000
PITNEY BOWES COM 724479100 1626 34600 SH DEFINED 0102 34600
PITNEY BOWES COM 724479100 2611 55539 SH DEFINED 0103 55539
PITTSTON SERVICES GP COM 725701106 55371 1764818 SH DEFINED 0103 1764818
PITTSTON MINERALS GP COM 725701205 6178 445263 SH DEFINED 0103 445263
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 5780 150000 SH DEFINED 0130 150000
PLACER DOME INC COM 725906101 603 25000 SH DEFINED 0127 25000
PLACER DOME INC COM 725906101 429 17802 SH DEFINED 0103 17802
PLASMA MATERIALS COM 72753M109 1013 90000 SH DEFINED 011614 90000
PLATINUM TECH INC COM 72764T101 10566 575000 SH DEFINED 0106 575000
PLATINUM TECH INC COM 72764T101 9 500 SH DEFINED 0102 500
PLATINUM TECH INC COM 72764T101 3418 186000 SH DEFINED 0131 186000
PLATINUM TECH INC COM 72764T101 211 11500 SH DEFINED 0103 11500
PLATINUM TECH INC COM 72764T101 4172 227070 SH DEFINED 01 227070
PLAY BY PLAY TOYS COM 72811K103 1316 90000 SH DEFINED 011619 90000
PLAYTEX PRODUCTS INC COM 72813P100 4500 600000 SH DEFINED 011516 600000
POGO PRODUCING CO COM 730448107 7063 250000 SH DEFINED 0106 250000
POGO PRODUCING CO COM 730448107 848 30000 SH DEFINED 011619 30000
POGO PRODUCING CO COM 730448107 3814 135000 SH DEFINED 011614 135000
POGO PRODUCING CO COM 730448107 31722 1122900 SH DEFINED 0102 1122900
POGO PRODUCING CO COM 730448107 5288 187200 SH DEFINED 0131 187200
POGO PRODUCING CO COM 730448107 1297 45900 SH DEFINED 0103 45900
POGO PRODUCING CO COM 730448107 4281 151545 SH DEFINED 01 151545
POLARIS INDS INC COM 731068102 3672 125000 SH DEFINED 0128 125000
POLAROID COM 731095105 158 3342 SH DEFINED 0103 3342
POLICY MGMT SYSTEMS COM 731108106 38348 805200 SH DEFINED 011516 805200
POLICY MGMT SYSTEMS COM 731108106 8486 178150 SH DEFINED 0102 178150
POLICY MGMT SYSTEMS COM 731108106 252 5300 SH DEFINED 0103 5300
PORTUCELL ADS COM 737262105 5924 1000000 SH DEFINED 0135 1000000
POSSIS MEDICAL INC COM 737407106 1854 115000 SH DEFINED 011619 115000
POSSIS MEDICAL INC COM 737407106 6 400 SH DEFINED 0102 400
<PAGE> PAGE 52
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
POTLATCH CORP COM 737628107 86 2156 SH DEFINED 0103 2156
POWERGEN PLC P/P COM 738905504 10172 775000 SH DEFINED 0130 775000
POWERGEN PLC P/P COM 738905504 1181 90000 SH DEFINED 0132 90000
PRAXAIR COM 74005P104 6725 200000 SH DEFINED 0130 200000
PRAXAIR COM 74005P104 10088 300000 SH DEFINED 0108 300000
PRAXAIR COM 74005P104 6725 200000 SH DEFINED 0126 200000
PRAXAIR COM 74005P104 13450 400000 SH DEFINED 0124 400000
PRAXAIR COM 74005P104 1984 59000 SH DEFINED 011620 59000
PRAXAIR COM 74005P104 10928 325000 SH DEFINED 011614 325000
PRAXAIR COM 74005P104 13997 416341 SH DEFINED 0102 416341
PRAXAIR COM 74005P104 12169 361900 SH DEFINED 0131 361900
PRAXAIR COM 74005P104 1297 38605 SH DEFINED 0103 38605
PRECISION CASTPARTS COM 740189105 9020 226900 SH DEFINED 0102 226900
PRECISION CASTPARTS COM 740189105 5223 131400 SH DEFINED 0131 131400
PRECISION CASTPARTS COM 740189105 592 14900 SH DEFINED 0103 14900
PREMARK INTL INC COM 740459102 240 4736 SH DEFINED 0103 4736
PRICE COSTCO COM 74143W102 216 14186 SH DEFINED 0103 14186
PRICE T ROWE ASSOC COM 741477103 3940 80000 SH DEFINED 011614 80000
PRIMADONNA COM 741548101 7375 500000 SH DEFINED 0124 500000
PRIMADONNA COM 741548101 21388 1450000 SH DEFINED 011516 1450000
PRIMADONNA COM 741548101 6484 439500 SH DEFINED 0102 439500
PRIMADONNA COM 741548101 209 14200 SH DEFINED 0103 14200
PRIMARK CORP COM 741903108 114 3792 SH DEFINED 0102 3792
PROCTER & GAMBLE COM 742718109 12085 145600 SH DEFINED 0130 145600
PROCTER & GAMBLE COM 742718109 124500 1500000 SH DEFINED 0126 1500000
PROCTER & GAMBLE COM 742718109 35690 430000 SH DEFINED 011618 430000
PROCTER & GAMBLE COM 742718109 206059 2482577 SH DEFINED 0102 2482577
PROCTER & GAMBLE COM 742718109 9060 109146 SH DEFINED 0103 109146
PROCTER & GAMBLE COM 742718109 2905 35000 SH DEFINED 01 35000
PRODUCTION OPERATORS COM 743080103 5940 180000 SH DEFINED 0128 180000
PROGRESSIVE CORP OH COM 743315103 7522 153900 SH DEFINED 0108 153900
PROGRESSIVE CORP OH COM 743315103 21994 450000 SH DEFINED 0126 450000
PROGRESSIVE CORP OH COM 743315103 9775 200000 SH DEFINED 011618 200000
PROGRESSIVE CORP OH COM 743315103 1955 40000 SH DEFINED 011619 40000
PROGRESSIVE CORP OH COM 743315103 36818 753200 SH DEFINED 0102 753200
PROGRESSIVE CORP OH COM 743315103 8157 166900 SH DEFINED 0131 166900
PROGRESSIVE CORP OH COM 743315103 1319 26975 SH DEFINED 0103 26975
PROGRESSIVE CORP OH COM 743315103 2028 41500 SH DEFINED 01 41500
PROMUS HOTEL CORP COM 74342H104 18913 850000 SH DEFINED 0126 850000
PROMUS HOTEL CORP COM 74342H104 14808 665500 SH DEFINED 0102 665500
PROMUS HOTEL CORP COM 74342H104 9828 441700 SH DEFINED 0131 441700
PROMUS HOTEL CORP COM 74342H104 1079 48500 SH DEFINED 0103 48500
PRUDENTIAL UTIL CL A COM 743911208 2 176 SH DEFINED 01 176
PROVIDIAN CORP COM 744061102 23431 575000 SH DEFINED 0113 575000
PROVIDIAN CORP COM 744061102 16300 400000 SH DEFINED 0131 400000
PROVIDIAN CORP COM 744061102 892 21899 SH DEFINED 0103 21899
PRU-REINS COM 74435W109 12543 536600 SH DEFINED 0130 536600
PRU-REINS COM 74435W109 7013 300000 SH DEFINED 011516 300000
PRU-REINS COM 74435W109 2104 90000 SH DEFINED 011619 90000
PRU-REINS COM 74435W109 4895 209400 SH DEFINED 011614 209400
<PAGE> PAGE 53
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
PRU-REINS COM 74435W109 2274 97290 SH DEFINED 0102 97290
PUBLIC SERV CO COLO COM 744448101 7818 221000 SH DEFINED 0132 221000
PUBLIC SERV CO COLO COM 744448101 11320 320000 SH DEFINED 0107 320000
PUB SERV ENTERPRISES COM 744573106 552 18011 SH DEFINED 0103 18011
PULLMAN CO SER B COM 74578K102 1548 182094 SH DEFINED 0104 182094
PULLMAN CO SER B COM 74578K102 2322 273141 SH DEFINED 0109 273141
PULTE CORP. COM 745867101 66 1976 SH DEFINED 0103 1976
PUTNAM HIGH YIELD COM 74678J104 2 207 SH DEFINED 01 207
PYXIS CORP COM 747251106 7313 500000 SH DEFINED 011516 500000
QANTAS AIRWAYS LIM COM 74726M109 4587 275500 SH DEFINED 0130 275500
QANTAS AIRWAYS LIM COM 74726M109 4162 250000 SH DEFINED 0135 250000
QUAKER OATS COM 747402105 17250 500000 SH DEFINED 011516 500000
QUAKER OATS COM 747402105 338 9795 SH DEFINED 0103 9795
QUALITY FOOD CENTERS COM 747565109 24640 1120000 SH DEFINED 011516 1120000
QUALITY SYSTEMS COM 747582104 5800 200000 SH DEFINED 011516 200000
QUEST MEDICAL INC COM 748346103 1556 150000 SH DEFINED 011619 150000
QUIKSILVER INC COM 74838C106 1812 53000 SH DEFINED 011619 53000
RFS HOTEL COM 74955J108 8149 530000 SH DEFINED 0107 530000
RFS HOTEL COM 74955J108 3290 214000 SH DEFINED 01 214000
RJR NABISCO COM 74960K876 30875 1000000 SH DEFINED 011516 1000000
ROC COMMUNITIES COM 749650107 6720 280000 SH DEFINED 011618 280000
RADISYS COM 750459109 1116 95000 SH DEFINED 011619 95000
RAINBOW TECHNOLOGIES COM 750862104 0 1 SH DEFINED 0103 1
RALSTON PURINA GP COM 751277302 481 7704 SH DEFINED 0103 7704
RAYCHEM COM 754603108 20769 365155 SH DEFINED 0102 365155
RAYCHEM COM 754603108 744 13075 SH DEFINED 0103 13075
RAYCHEM COM 754603108 8958 157500 SH DEFINED 01 157500
RAYONIER COM 754907103 5507 165000 SH DEFINED 0128 165000
RAYTHEON COM 755111101 23625 500000 SH DEFINED 0130 500000
RAYTHEON COM 755111101 66150 1400000 SH DEFINED 0126 1400000
RAYTHEON COM 755111101 33075 700000 SH DEFINED 0113 700000
RAYTHEON COM 755111101 917 19400 SH DEFINED 0125 19400
RAYTHEON COM 755111101 33075 700000 SH DEFINED 011618 700000
RAYTHEON COM 755111101 208 4400 SH DEFINED 0102 4400
RAYTHEON COM 755111101 24570 520000 SH DEFINED 0131 520000
RAYTHEON COM 755111101 2019 42734 SH DEFINED 0103 42734
RAYTHEON COM 755111101 5538 117200 SH DEFINED 01 117200
READERS DIGEST ASSN COM 755267101 102500 2000000 SH DEFINED 011516 2000000
RED LION COM 756701108 6563 375000 SH DEFINED 0106 375000
RED LION COM 756701108 1241 70900 SH DEFINED 011620 70900
RED LION COM 756701108 10365 592200 SH DEFINED 0102 592200
RED LION COM 756701108 3705 211700 SH DEFINED 0131 211700
RED LION COM 756701108 539 30800 SH DEFINED 0103 30800
RED LION COM 756701108 3798 217000 SH DEFINED 01 217000
REEBOK INTERNATIONAL COM 758110100 164 5788 SH DEFINED 0103 5788
REED INTL PLC -SP A COM 758212872 13838 450000 SH DEFINED 011516 450000
REGAL BELOIT COM 758750103 3915 180000 SH DEFINED 0128 180000
REGENCY HEALTH SVCS COM 758934103 14681 1450000 SH DEFINED 011516 1450000
RELIANCE GROUP HOLDI COM 759464100 4313 500000 SH DEFINED 011516 500000
RELIANCE GP HDS WRTS WARRANT 759464118 590 277791 SH DEFINED 0109 277791
<PAGE> PAGE 54
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
RENO AIR INC COM 759741101 1181 150000 SH DEFINED 011619 150000
RENONG 144A CONV BOND 759883AA9 6174 5500000 PRN DEFINED 0112 5500000
RENONG 144A CONV BOND 759883AA9 11225 10000000 PRN DEFINED 0135 10000000
RENONG 144A CONV BOND 759883AA9 6735 6000000 PRN DEFINED 011617 6000000
RENONG BER CVT PUT99 CONV BOND 759884XX2 5588 5000000 PRN DEFINED 0124 5000000
RENAISSANCE SOLUTION COM 759924103 5700 400000 SH DEFINED 0106 400000
RENAISSANCE SOLUTION COM 759924103 4988 350000 SH DEFINED 011516 350000
RENTERS CHOICE COM 760114108 426 31000 SH DEFINED 011619 31000
RENTERS CHOICE COM 760114108 1774 129000 SH DEFINED 011614 129000
REPSOL S.A. ADR COM 76026T205 26300 800000 SH DEFINED 0130 800000
REPSOL S.A. ADR COM 76026T205 32875 1000000 SH DEFINED 0113 1000000
REPSOL S.A. ADR COM 76026T205 6575 200000 SH DEFINED 0132 200000
REPSOL S.A. ADR COM 76026T205 16931 515000 SH DEFINED 0107 515000
REPSOL S.A. ADR COM 76026T205 13150 400000 SH DEFINED 011516 400000
REPSOL S.A. ADR COM 76026T205 24656 750000 SH DEFINED 0131 750000
REPSOL S.A. ADR COM 76026T205 921 28000 SH DEFINED 0103 28000
REPUBLIC ENG STEELS COM 760391102 5088 1100000 SH DEFINED 0124 1100000
REPUBLIC NY COM 760719104 21744 350000 SH DEFINED 0113 350000
REPUBLIC NY COM 760719104 258 4151 SH DEFINED 0103 4151
RETIREMENT CARE COM 76129C307 3038 300000 SH DEFINED 011516 300000
REUTERS HLDS PLC ADR COM 761324201 18743 340000 SH DEFINED 0126 340000
REUTERS HLDS PLC ADR COM 761324201 27563 500000 SH DEFINED 011516 500000
REUTERS HLDS PLC ADR COM 761324201 11 200 SH DEFINED 0102 200
REUTERS HLDS PLC ADR COM 761324201 4868 88300 SH DEFINED 0131 88300
REUTERS HLDS PLC ADR COM 761324201 281 5100 SH DEFINED 0103 5100
REUTERS HLDS PLC ADR COM 761324201 1378 25000 SH DEFINED 01 25000
REXALL SUNDOWN COM 761648104 2200 100000 SH DEFINED 011619 100000
REYNOLDS & REYNOLDS COM 761695105 86303 2220000 SH DEFINED 0126 2220000
REYNOLDS & REYNOLDS COM 761695105 31100 800000 SH DEFINED 011516 800000
REYNOLDS & REYNOLDS COM 761695105 16 400 SH DEFINED 0102 400
REYNOLDS & REYNOLDS COM 761695105 5003 128700 SH DEFINED 0131 128700
REYNOLDS & REYNOLDS COM 761695105 315 8100 SH DEFINED 0103 8100
REYNOLDS METALS COM 761763101 215 3800 SH DEFINED 0125 3800
REYNOLDS METALS COM 761763101 2349 41500 SH DEFINED 0102 41500
REYNOLDS METALS COM 761763101 16988 300000 SH DEFINED 0131 300000
REYNOLDS METALS COM 761763101 799 14119 SH DEFINED 0103 14119
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 15188 300000 SH DEFINED 0113 300000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 40450 799000 SH DEFINED 01 799000
RHONE POULENC RORER COM 76242T104 73428 1378927 SH DEFINED 0103 1378927
RICHEY ELECTRS INC COM 763302106 1430 110000 SH DEFINED 011619 110000
RIDE SNOWBOARD CO COM 765689104 2499 76600 SH DEFINED 011619 76600
RIDE SNOWBOARD CO COM 765689104 10877 333400 SH DEFINED 011614 333400
RIGHT CHOICE COM 76657K101 172 13263 SH DEFINED 0103 13263
RISK CAPITAL RE COM 767711104 3506 150000 SH DEFINED 0108 150000
RISK CAPITAL RE COM 767711104 7013 300000 SH DEFINED 0106 300000
RISK CAPITAL RE COM 767711104 10007 428100 SH DEFINED 0111 428100
RISK CAPITAL RE COM 767711104 1758 75200 SH DEFINED 011622 75200
RISK CAPITAL RE COM 767711104 4035 172600 SH DEFINED 011623 172600
RISK CAPITAL RE COM 767711104 1870 80000 SH DEFINED 011619 80000
RISK CAPITAL RE COM 767711104 1038 44400 SH DEFINED 011620 44400
<PAGE> PAGE 55
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
RISK CAPITAL RE COM 767711104 7718 330200 SH DEFINED 011614 330200
RITE AID COM 767754104 6850 200000 SH DEFINED 0128 200000
RITE AID COM 767754104 1209 35300 SH DEFINED 0125 35300
RITE AID COM 767754104 10104 295000 SH DEFINED 0107 295000
RITE AID COM 767754104 20550 600000 SH DEFINED 011516 600000
RITE AID COM 767754104 2226 65000 SH DEFINED 011619 65000
RITE AID COM 767754104 2329 68000 SH DEFINED 011620 68000
RITE AID COM 767754104 9419 275000 SH DEFINED 011614 275000
RITE AID COM 767754104 987 28781 SH DEFINED 0102 28781
RITE AID COM 767754104 19694 575000 SH DEFINED 0131 575000
RITE AID COM 767754104 1198 34997 SH DEFINED 0103 34997
RIVERWOOD INTL COM 769507104 4822 252152 SH DEFINED 0103 252152
ROADWAY SERVICES COM 769748104 142 2915 SH DEFINED 0103 2915
ROANOKE GAS CO COM 769858101 17 1103 SH DEFINED 0102 1103
ROBERT HALF INTL INC COM 770323103 17931 428200 SH DEFINED 0102 428200
ROBERT HALF INTL INC COM 770323103 10410 248600 SH DEFINED 0131 248600
ROBERT HALF INTL INC COM 770323103 954 22800 SH DEFINED 0103 22800
*ROCHE HOLDINGS INC COM 771195104 0 1 SH DEFINED 01 1
ROCHE HLDS PUT99144A CONV BOND 771196AC6 13238 30000000 PRN DEFINED 0130 30000000
ROCHE HLDS PUT99144A CONV BOND 771196AC6 13238 30000000 PRN DEFINED 011618 30000000
ROCKWELL INT CORP COM 774347108 31725 600000 SH DEFINED 0113 600000
ROCKWELL INT CORP COM 774347108 11633 220000 SH DEFINED 0107 220000
ROCKWELL INT CORP COM 774347108 85 1600 SH DEFINED 0102 1600
ROCKWELL INT CORP COM 774347108 22472 425000 SH DEFINED 0131 425000
ROCKWELL INT CORP COM 774347108 1808 34201 SH DEFINED 0103 34201
ROGERS COM LY PUT/98 CONV BOND 775109AD3 18125 50000000 PRN DEFINED 0130 50000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 2175 6000000 PRN DEFINED 0104 6000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 23563 65000000 PRN DEFINED 011516 65000000
ROHM & HAAS CO COM 775371107 22531 350000 SH DEFINED 0113 350000
ROHM & HAAS CO COM 775371107 32188 500000 SH DEFINED 0124 500000
ROHM & HAAS CO COM 775371107 316 4901 SH DEFINED 0103 4901
ROHR INDUSTRIES INC COM 775422108 654 45500 SH DEFINED 011516 45500
ROMAC COM 775835101 3995 170000 SH DEFINED 011516 170000
ROOSEVELT FINANCIAL COM 776493108 7266 375000 SH DEFINED 0106 375000
ROOSEVELT FINANCIAL COM 776493108 4263 220000 SH DEFINED 01 220000
ROWAN COMPANIES INC COM 779382100 1817 184000 SH DEFINED 011619 184000
ROWAN COMPANIES INC COM 779382100 8177 828000 SH DEFINED 011614 828000
ROWAN COMPANIES INC COM 779382100 60 6102 SH DEFINED 0103 6102
PRICE ROWE INT'L FD COM 77956H203 4 300 SH DEFINED 01 300
ROYAL DUTCH PETE NEW COM 780257705 27378 194000 SH DEFINED 0130 194000
ROYAL DUTCH PETE NEW COM 780257705 9173 65000 SH DEFINED 0108 65000
ROYAL DUTCH PETE NEW COM 780257705 141125 1000000 SH DEFINED 0126 1000000
ROYAL DUTCH PETE NEW COM 780257705 31753 225000 SH DEFINED 0113 225000
ROYAL DUTCH PETE NEW COM 780257705 35281 250000 SH DEFINED 0111 250000
ROYAL DUTCH PETE NEW COM 780257705 5645 40000 SH DEFINED 0132 40000
ROYAL DUTCH PETE NEW COM 780257705 12066 85500 SH DEFINED 0125 85500
ROYAL DUTCH PETE NEW COM 780257705 19758 140000 SH DEFINED 0107 140000
ROYAL DUTCH PETE NEW COM 780257705 5970 42300 SH DEFINED 011622 42300
ROYAL DUTCH PETE NEW COM 780257705 13266 94000 SH DEFINED 011623 94000
ROYAL DUTCH PETE NEW COM 780257705 17641 125000 SH DEFINED 011516 125000
<PAGE> PAGE 56
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ROYAL DUTCH PETE NEW COM 780257705 35281 250000 SH DEFINED 011618 250000
ROYAL DUTCH PETE NEW COM 780257705 1694 12000 SH DEFINED 011620 12000
ROYAL DUTCH PETE NEW COM 780257705 113008 800773 SH DEFINED 0102 800773
ROYAL DUTCH PETE NEW COM 780257705 24697 175000 SH DEFINED 0131 175000
ROYAL DUTCH PETE NEW COM 780257705 12930 91629 SH DEFINED 0103 91629
ROYAL DUTCH PETE NEW COM 780257705 18134 128500 SH DEFINED 01 128500
KPN COM 780641205 29000 800000 SH DEFINED 0113 800000
KPN COM 780641205 20844 575000 SH DEFINED 0131 575000
KPN COM 780641205 761 21000 SH DEFINED 0103 21000
RUBBERMAID COM 781088109 20400 800000 SH DEFINED 011516 800000
RUBBERMAID COM 781088109 293 11480 SH DEFINED 0103 11480
RUSSELL CORP COM 782352108 79 2836 SH DEFINED 0103 2836
RYANS FAMILY STEAK COM 783519101 27 3800 SH DEFINED 0125 3800
RYANS FAMILY STEAK COM 783519101 3 400 SH DEFINED 0102 400
RYANS FAMILY STEAK COM 783519101 28 3937 SH DEFINED 0103 3937
RYDER SYSTEM COM 783549108 142 5752 SH DEFINED 0103 5752
SALOMON SA INT'L COM 783767999 2561 4400 SH DEFINED 0135 4400
SBC COMMUNICATIONS COM 78387G103 28750 500000 SH DEFINED 0130 500000
SBC COMMUNICATIONS COM 78387G103 37375 650000 SH DEFINED 0126 650000
SBC COMMUNICATIONS COM 78387G103 18688 325000 SH DEFINED 0132 325000
SBC COMMUNICATIONS COM 78387G103 897 15600 SH DEFINED 0125 15600
SBC COMMUNICATIONS COM 78387G103 15525 270000 SH DEFINED 0107 270000
SBC COMMUNICATIONS COM 78387G103 5750 100000 SH DEFINED 011618 100000
SBC COMMUNICATIONS COM 78387G103 805 14000 SH DEFINED 011620 14000
SBC COMMUNICATIONS COM 78387G103 501 8700 SH DEFINED 0102 8700
SBC COMMUNICATIONS COM 78387G103 3404 59204 SH DEFINED 0103 59204
SCE CORP COM 783882103 19525 1100000 SH DEFINED 0113 1100000
SCE CORP COM 783882103 7100 400000 SH DEFINED 0132 400000
SCE CORP COM 783882103 1626 91600 SH DEFINED 0125 91600
SCE CORP COM 783882103 14200 800000 SH DEFINED 011618 800000
SCE CORP COM 783882103 470 26500 SH DEFINED 0102 26500
SCE CORP COM 783882103 15088 850000 SH DEFINED 0131 850000
SCE CORP COM 783882103 1701 95837 SH DEFINED 0103 95837
SERVICE CORP $50 CONV PFD STOCK 783888209 14060 190000 SH DEFINED 0107 190000
SEI CORPORATION COM 784117103 1631 75000 SH DEFINED 011619 75000
SGS-THOMSON MICROELE COM 784213100 8050 200000 SH DEFINED 0108 200000
SGS-THOMSON MICROELE COM 784213100 6038 150000 SH DEFINED 0135 150000
SGS-THOMSON MICROELE COM 784213100 1006 25000 SH DEFINED 011620 25000
SGS-THOMSON MICROELE COM 784213100 6641 165000 SH DEFINED 011614 165000
SGS-THOMSON MICROELE COM 784213100 42476 1055400 SH DEFINED 0102 1055400
SGS-THOMSON MICROELE COM 784213100 235 5850 SH DEFINED 0103 5850
SGS-THOMSON MICROELE COM 784213100 15360 381600 SH DEFINED 01 381600
SAFECO CORP COM 786429100 320 9280 SH DEFINED 0103 9280
SAFETY-KLEEN COM 786484105 67 4302 SH DEFINED 0103 4302
SAFEWAY INC* COM 786514208 7725 150000 SH DEFINED 0108 150000
SAFEWAY INC* COM 786514208 28166 546934 SH DEFINED 0102 546934
SAFEWAY INC* COM 786514208 1082 21000 SH DEFINED 01 21000
ST JOHN KNITS INC COM 790289102 10625 200000 SH DEFINED 0111 200000
ST JUDE MEDICAL COM 790849103 217 5043 SH DEFINED 0103 5043
ST PAUL COMPANIES COM 792860108 29203 525000 SH DEFINED 0113 525000
<PAGE> PAGE 57
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
ST PAUL COMPANIES COM 792860108 22250 400000 SH DEFINED 0131 400000
ST PAUL COMPANIES COM 792860108 3982 71606 SH DEFINED 0103 71606
SALOMON INC. COM 79549B107 8875 250000 SH DEFINED 0108 250000
SALOMON INC. COM 79549B107 331 9324 SH DEFINED 0103 9324
SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 9089 199200 SH DEFINED 011618 199200
SBH-HEWLETT ELK76 37 CONV PFD STOCK 79549B446 10075 100000 SH DEFINED 011618 100000
SAN DIEGO G&E $25 PREFERRED STOCK 797440831 1607 59500 SH DEFINED 0105 59500
SANOFI ORD COM 800901993 0 1 SH DEFINED 01 1
SANMINA CORP COM 800907107 2594 50000 SH DEFINED 011619 50000
SANMINA CORP COM 800907107 9338 180000 SH DEFINED 011614 180000
SANMINA CORP 144A CONV BOND 800908AA3 10625 10000000 PRN DEFINED 0106 10000000
SANIFILL INC COM 801018102 10013 300000 SH DEFINED 0111 300000
SANIFILL INC COM 801018102 3004 90000 SH DEFINED 011622 90000
SANIFILL INC COM 801018102 6675 200000 SH DEFINED 011623 200000
SANIFILL INC COM 801018102 1906 57100 SH DEFINED 011619 57100
SANIFILL INC COM 801018102 8664 259600 SH DEFINED 011614 259600
SANIFILL INC COM 801018102 29315 878400 SH DEFINED 0102 878400
SANIFILL INC COM 801018102 4823 144500 SH DEFINED 0131 144500
SANIFILL INC COM 801018102 1198 35900 SH DEFINED 0103 35900
SANO CORP COM 80105E105 1150 100000 SH DEFINED 011619 100000
SANTA FE ENERGY RES COM 802012104 66 6826 SH DEFINED 0103 6826
SANTA FE PAC GOLD CO COM 802176107 15156 1250000 SH DEFINED 0130 1250000
SANTA FE PAC GOLD CO COM 802176107 909 75000 SH DEFINED 0127 75000
SANTA FE PAC GOLD CO COM 802176107 118 9717 SH DEFINED 0103 9717
SANTA ISABEL 144A COM 802233106 4800 200000 SH DEFINED 0135 200000
SARA LEE CORP COM 803111103 861 27000 SH DEFINED 011620 27000
SARA LEE CORP COM 803111103 1126 35316 SH DEFINED 0103 35316
SCANDINAVIAN BROAD CONV BOND 805906AA2 15338 15000000 PRN DEFINED 0130 15000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 6135 6000000 PRN DEFINED 0104 6000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 4090 4000000 PRN DEFINED 0109 4000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 4601 4500000 PRN DEFINED 0135 4500000
SCANDINAVIAN BROAD CONV BOND 805906AA2 5113 5000000 PRN DEFINED 011621 5000000
HENRY SCHEIN INC COM 806407102 12538 425000 SH DEFINED 011516 425000
SCHERING PLOUGH COM 806605101 35588 650000 SH DEFINED 0130 650000
SCHERING PLOUGH COM 806605101 1511 27600 SH DEFINED 011620 27600
SCHERING PLOUGH COM 806605101 68689 1254560 SH DEFINED 0102 1254560
SCHERING PLOUGH COM 806605101 1479 27013 SH DEFINED 0103 27013
SCHLUMBERGER LTD COM 806857108 34625 500000 SH DEFINED 0130 500000
SCHLUMBERGER LTD COM 806857108 9695 140000 SH DEFINED 0108 140000
SCHLUMBERGER LTD COM 806857108 37395 540000 SH DEFINED 0126 540000
SCHLUMBERGER LTD COM 806857108 27700 400000 SH DEFINED 0111 400000
SCHLUMBERGER LTD COM 806857108 4917 71000 SH DEFINED 0125 71000
SCHLUMBERGER LTD COM 806857108 6925 100000 SH DEFINED 0135 100000
SCHLUMBERGER LTD COM 806857108 3463 50000 SH DEFINED 011622 50000
SCHLUMBERGER LTD COM 806857108 6925 100000 SH DEFINED 011623 100000
SCHLUMBERGER LTD COM 806857108 7618 110000 SH DEFINED 011614 110000
SCHLUMBERGER LTD COM 806857108 9675 139709 SH DEFINED 0102 139709
SCHLUMBERGER LTD COM 806857108 3301 47662 SH DEFINED 0103 47662
SCHLUMBERGER LTD COM 806857108 1731 25000 SH DEFINED 01 25000
SCHWEITZER MAUDUIT COM 808541106 490 21217 SH DEFINED 0102 21217
<PAGE> PAGE 58
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SCHWEITZER MAUDUIT COM 808541106 21 920 SH DEFINED 0103 920
SCHWEITZER MAUDUIT COM 808541106 296 12820 SH DEFINED 01 12820
SCIENTIFIC ATLANTA COM 808655104 18000 1200000 SH DEFINED 0124 1200000
SCIENTIFIC ATLANTA COM 808655104 9750 650000 SH DEFINED 011618 650000
SCIENTIFIC ATLANTA COM 808655104 87 5768 SH DEFINED 0103 5768
SEAGRAM LTD COM 811850106 34625 1000000 SH DEFINED 0126 1000000
SEAGRAM LTD COM 811850106 3688 106500 SH DEFINED 0125 106500
SEAGRAM LTD COM 811850106 20775 600000 SH DEFINED 011516 600000
SEAGRAM LTD COM 811850106 1247 36000 SH DEFINED 011620 36000
SEAGRAM LTD COM 811850106 7271 210000 SH DEFINED 011614 210000
SEAGRAM LTD COM 811850106 26214 757135 SH DEFINED 0102 757135
SEAGRAM LTD COM 811850106 2633 76028 SH DEFINED 0103 76028
SEALED AIR CORP COM 812115103 6328 225000 SH DEFINED 0106 225000
SEARS ROEBUCK & CO COM 812387108 7995 205000 SH DEFINED 0107 205000
SEARS ROEBUCK & CO COM 812387108 43799 1122930 SH DEFINED 0102 1122930
SEARS ROEBUCK & CO COM 812387108 1110 28455 SH DEFINED 0103 28455
SEARS ROEBUCK & CO COM 812387108 4902 125685 SH DEFINED 01 125685
SEATRAIN LINES COM 812557205 19 621353 SH DEFINED 0102 621353
2ND GLASTONBURY PROP COM 813200995 0 99 SH DEFINED 0102 99
SECURITY CAPITAL IND COM 814138103 3500 200000 SH DEFINED 0132 200000
SECURITY PACIFIC TRT CONV PFD STOCK 814141206 3344 136500 SH DEFINED 0104 136500
SECURITY PACIFIC TRT CONV PFD STOCK 814141206 1801 73500 SH DEFINED 011621 73500
SENSORMATIC ELECT COM 817265101 26063 1500000 SH DEFINED 011516 1500000
SEQUES PHARMACEUTICA COM 817471105 1332 93500 SH DEFINED 011619 93500
SEQUES PHARMACEUTICA COM 817471105 7838 550000 SH DEFINED 011614 550000
SERVICE CORP INTL COM 817565104 17600 400000 SH DEFINED 0130 400000
SERVICE CORP INTL COM 817565104 17600 400000 SH DEFINED 0111 400000
SERVICE CORP INTL COM 817565104 4752 108000 SH DEFINED 0125 108000
SERVICE CORP INTL COM 817565104 8800 200000 SH DEFINED 011618 200000
SERVICE CORP INTL COM 817565104 1980 45000 SH DEFINED 011620 45000
SERVICE CORP INTL COM 817565104 4865 110600 SH DEFINED 0102 110600
SERVICE CORP INTL COM 817565104 8804 200100 SH DEFINED 0131 200100
SERVICE CORP INTL COM 817565104 3046 69219 SH DEFINED 0103 69219
SHARED MED SYSTEMS COM 819486101 92 1696 SH DEFINED 0103 1696
SHERWIN WILLIAMS COM 824348106 13244 325000 SH DEFINED 0108 325000
SHERWIN WILLIAMS COM 824348106 55657 1365735 SH DEFINED 0102 1365735
SHERWIN WILLIAMS COM 824348106 256 6294 SH DEFINED 0103 6294
SHERWIN WILLIAMS COM 824348106 285 7000 SH DEFINED 01 7000
SHIVA CORP COM 824851109 7275 100000 SH DEFINED 0106 100000
SHIVA CORP COM 824851109 6431 88400 SH DEFINED 0102 88400
SHIVA CORP COM 824851109 124 1700 SH DEFINED 0103 1700
SHOPKO STORES COM 824911101 10125 900000 SH DEFINED 0113 900000
SHONEYS INC COM 825039100 31 2988 SH DEFINED 0103 2988
SHOREWOOD PACKAGING COM 825229107 926 65000 SH DEFINED 0128 65000
SHOREWOOD PACKAGING COM 825229107 249 17500 SH DEFINED 011620 17500
SHURGARD STORAGE CTR COM 82567D104 4860 180000 SH DEFINED 011618 180000
SIEBE ADR COM 826166209 516 20915 SH DEFINED 01 20915
SIERRA PACIFIC RES COM 826425100 3506 150000 SH DEFINED 0128 150000
SIGMA-ALDRICH COM 826552101 183 3703 SH DEFINED 0103 3703
SIGNET BANKING CORP COM 826681108 29 1200 SH DEFINED 0102 1200
<PAGE> PAGE 59
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SIL GR PT 11/98 144A CONV BOND 827056AB8 10500 20000000 PRN DEFINED 011618 20000000
SILICON GRAPHICS INC COM 827056102 16500 600000 SH DEFINED 0130 600000
SILICON GRAPHICS INC COM 827056102 13750 500000 SH DEFINED 0126 500000
SILICON GRAPHICS INC COM 827056102 5500 200000 SH DEFINED 0111 200000
SILICON GRAPHICS INC COM 827056102 1444 52500 SH DEFINED 0125 52500
SILICON GRAPHICS INC COM 827056102 71734 2608240 SH DEFINED 0102 2608240
SILICON GRAPHICS INC COM 827056102 4125 150000 SH DEFINED 0131 150000
SILICON GRAPHICS INC COM 827056102 1413 51354 SH DEFINED 0103 51354
SILICON GRAPHICS INC COM 827056102 770 28000 SH DEFINED 01 28000
SIMON PROP COM 828805101 12188 500000 SH DEFINED 0130 500000
SIMON PROP COM 828805101 14625 600000 SH DEFINED 0113 600000
SIMON PROP COM 828805101 2438 100000 SH DEFINED 0132 100000
SIMWARE INC COM 829219104 3438 550000 SH DEFINED 011516 550000
SINCLAIR BROADCASTIN COM 829226109 543 31500 SH DEFINED 011620 31500
SINGER CO COM 82930F109 16725 600000 SH DEFINED 011618 600000
SMITH INTL COM 832110100 7638 325000 SH DEFINED 0106 325000
SMITHKLN BCHM EQ UNT COM 832378400 33300 600000 SH DEFINED 0130 600000
SMITHKLN BCHM EQ UNT COM 832378400 12210 220000 SH DEFINED 0108 220000
SMITHKLN BCHM EQ UNT COM 832378400 61050 1100000 SH DEFINED 0126 1100000
SMITHKLN BCHM EQ UNT COM 832378400 19425 350000 SH DEFINED 0113 350000
SMITHKLN BCHM EQ UNT COM 832378400 8325 150000 SH DEFINED 0135 150000
SMITHKLN BCHM EQ UNT COM 832378400 14985 270000 SH DEFINED 0107 270000
SMITHKLN BCHM EQ UNT COM 832378400 12210 220000 SH DEFINED 011618 220000
SMITHKLN BCHM EQ UNT COM 832378400 168 3000 SH DEFINED 0102 3000
SMITHKLN BCHM EQ UNT COM 832378400 24975 450000 SH DEFINED 0131 450000
SMITHKLN BCHM EQ UNT COM 832378400 882 15900 SH DEFINED 0103 15900
SMITHKLN BCHM EQ UNT COM 832378400 6660 120000 SH DEFINED 01 120000
SNAP ON INC COM 833034101 1810 40000 SH DEFINED 011619 40000
SNAP ON INC COM 833034101 1448 32000 SH DEFINED 011620 32000
SNAP ON INC COM 833034101 7919 175000 SH DEFINED 011614 175000
SNAP ON INC COM 833034101 133 2945 SH DEFINED 0103 2945
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 3101 157000 SH DEFINED 01 157000
SOFTKEY 144A CONV BOND 83402NAA7 8550 11250000 PRN DEFINED 0104 11250000
SOFTKEY 144A CONV BOND 83402NAA7 1520 2000000 PRN DEFINED 0109 2000000
SOFTKEY 144A CONV BOND 83402NAA7 3610 4750000 PRN DEFINED 011621 4750000
SOFTKEY 144A CONV BOND 83402NAA7 6080 8000000 PRN DEFINED 011618 8000000
SOFTKEY INTL INC COM 83402N109 13875 600000 SH DEFINED 0111 600000
SOFTKEY INTL INC COM 83402N109 2775 120000 SH DEFINED 011622 120000
SOFTKEY INTL INC COM 83402N109 3238 140000 SH DEFINED 011623 140000
SOFTKEY INTL INC COM 83402N109 740 32000 SH DEFINED 011620 32000
SOFTKEY INTL INC COM 83402N109 105 4500 SH DEFINED 0102 4500
SOFTBRIDGE MICRO SYS COM 834020992 135 13500 SH DEFINED 01 13500
SOLA INTL COM 834092108 5050 200000 SH DEFINED 0111 200000
SOLA INTL COM 834092108 758 30000 SH DEFINED 011622 30000
SOLA INTL COM 834092108 1768 70000 SH DEFINED 011623 70000
SOLA INTL COM 834092108 8133 322100 SH DEFINED 0102 322100
SOLA INTL COM 834092108 237 9400 SH DEFINED 0103 9400
SOLECTRON CORP COM 834182107 9928 225000 SH DEFINED 0108 225000
SOLECTRON CORP COM 834182107 5516 125000 SH DEFINED 0128 125000
SOLECTRON CORP COM 834182107 22063 500000 SH DEFINED 0111 500000
<PAGE> PAGE 60
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SOLECTRON CORP COM 834182107 3530 80000 SH DEFINED 011622 80000
SOLECTRON CORP COM 834182107 7060 160000 SH DEFINED 011623 160000
SOLECTRON CORP COM 834182107 933 21166 SH DEFINED 0102 21166
SONAT INC COM 835415100 226 6335 SH DEFINED 0103 6335
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 6855 120000 SH DEFINED 0107 120000
SONY CORP ADRS COM 835699307 55851 910000 SH DEFINED 011516 910000
SOUTH WEST PRPRTY TR COM 840649107 3780 280000 SH DEFINED 0107 280000
SOUTHDOWN WARRANTS WARRANT 841297997 225 50000 SH DEFINED 0109 50000
SOUTHDOWN WARRANTS WARRANT 841297997 135 30000 SH DEFINED 011621 30000
SO CA EDISON $100 PREFERRED STOCK 842400772 1974 20000 SH DEFINED 0105 20000
SO CA EDISON $100 PREFERRED STOCK 842400780 20218 197250 SH DEFINED 0105 197250
SO CA EDISON $100 PREFERRED STOCK 842400780 4971 48500 SH DEFINED 01 48500
SO CA EDISON $100 PREFERRED STOCK 842400780 2050 20000 SH DEFINED 01 20000
SO CA EDISON $100 PREFERRED STOCK 842400780 513 5000 SH DEFINED 0116 5000
SOUTHERN CO. COM 842587107 13051 530000 SH DEFINED 0107 530000
SOUTHERN CO. COM 842587107 7388 300000 SH DEFINED 011618 300000
SOUTHERN CO. COM 842587107 1228 49857 SH DEFINED 0103 49857
SO INDIANA G&E 100 PREFERRED STOCK 8431634@2 7296 75000 SH DEFINED 0105 75000
SOUTHERN NATIONAL CO COM 843444100 971 37000 SH DEFINED 0128 37000
SOUTHERN NATIONAL CO COM 843444100 2037 77600 SH DEFINED 0131 77600
SOUTHERN NATIONAL CO COM 843444100 79 3000 SH DEFINED 0103 3000
SOUTHERN NEW ENG TEL COM 843485103 8507 214000 SH DEFINED 0132 214000
SOUTHWEST AIRLINES COM 844741108 17438 750000 SH DEFINED 0124 750000
SOUTHWEST AIRLINES COM 844741108 246 10580 SH DEFINED 0103 10580
SPECIALTY FOODS ACQ COM 847498102 300 300000 SH DEFINED 0109 300000
SPECIALTY FOODS ACQ COM 847498102 15 15000 SH DEFINED 011621 15000
SPIEGEL INC -CL A COM 848457107 9281 1350000 SH DEFINED 011516 1350000
SPRINGS INDS INC COM 851783100 61 1465 SH DEFINED 0103 1465
SPRINT CORP COM 852061100 9969 250000 SH DEFINED 0124 250000
SPRINT CORP COM 852061100 1023 25647 SH DEFINED 0103 25647
STABLE CAPITAL FUND COM 852300987 1002590 85479623 SH DEFINED 0103 85479623
STANDARD FEDERAL BAN COM 853386100 7875 200000 SH DEFINED 0108 200000
STANDARD FEDERAL BAN COM 853386100 5906 150000 SH DEFINED 0128 150000
STANLEY WORKS THE COM 854616109 23175 450000 SH DEFINED 0113 450000
STANLEY WORKS THE COM 854616109 164 3190 SH DEFINED 0103 3190
STAR TECHNOLOGIES COM 855193108 2 7000 SH DEFINED 0102 7000
STARBUCKS COM 855244109 7120 339000 SH DEFINED 0102 339000
STARBUCKS COM 855244109 7161 341000 SH DEFINED 0131 341000
STARBUCKS COM 855244109 621 29600 SH DEFINED 0103 29600
STATE STREET BOSTON COM 857473102 31500 700000 SH DEFINED 0130 700000
STATE STREET BOSTON COM 857473102 36000 800000 SH DEFINED 0126 800000
STATE STREET BOSTON COM 857473102 45000 1000000 SH DEFINED 011516 1000000
STATION CASINO COM 857689103 3656 250000 SH DEFINED 0128 250000
STATION CASINO COM 857689103 10969 750000 SH DEFINED 011516 750000
STATION CASINO COM 857689103 1755 120000 SH DEFINED 011619 120000
STATION CASINO COM 857689103 7313 500000 SH DEFINED 011614 500000
STEINROE PRIME EQ FD COM 857908107 137 8476 SH DEFINED 0102 8476
STEINROE SPECIAL FD COM 857908701 219 9239 SH DEFINED 0102 9239
STERIS CORP COM 859152100 16125 500000 SH DEFINED 011516 500000
STERLING ELECTRONICS COM 859281107 5566 325000 SH DEFINED 0106 325000
<PAGE> PAGE 61
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
STERLING SOFTWARE IN COM 859547101 12475 200000 SH DEFINED 0130 200000
STERLING SOFTWARE IN COM 859547101 18713 300000 SH DEFINED 0106 300000
STERLING SOFTWARE IN COM 859547101 15413 247100 SH DEFINED 011516 247100
STERLING SOFTWARE IN COM 859547101 1684 27000 SH DEFINED 011620 27000
STERLING SOFTWARE IN COM 859547101 12475 200000 SH DEFINED 011614 200000
STERLING SOFTWARE IN COM 859547101 10424 167137 SH DEFINED 0102 167137
STERLING SOFTWARE IN COM 859547101 312 5000 SH DEFINED 0103 5000
STEWART & STEVENSON COM 860342104 278 11000 SH DEFINED 01 11000
STEWART ENTERPRISES COM 860370105 1906 51500 SH DEFINED 011620 51500
STEWART ENTERPRISES COM 860370105 22 600 SH DEFINED 0102 600
STEWART ENTERPRISES COM 860370105 5180 140000 SH DEFINED 0131 140000
STEWART ENTERPRISES COM 860370105 296 8000 SH DEFINED 0103 8000
STILLWATER MINING COM 860490994 3281 170454 SH DEFINED 0127 170454
STILLWATER MINING CO COM 86074Q102 9625 500000 SH DEFINED 0130 500000
STILLWATER MINING CO COM 86074Q102 7219 375000 SH DEFINED 0106 375000
STILLWATER MINING CO COM 86074Q102 2637 137000 SH DEFINED 0135 137000
STILLWATER MINING CO COM 86074Q102 3946 205000 SH DEFINED 01 205000
STILLWATER MINING COM 86074Q904 8663 450000 SH DEFINED 0135 450000
STONE CONTAINER COM 861589109 35938 2500000 SH DEFINED 011516 2500000
STONE CONTAINER COM 861589109 56 3900 SH DEFINED 0102 3900
STONE CONTAINER COM 861589109 211 14674 SH DEFINED 0103 14674
STORAGE USA COM 861907103 6525 200000 SH DEFINED 0130 200000
STORAGE USA COM 861907103 8156 250000 SH DEFINED 0124 250000
STORAGE USA COM 861907103 5057 155000 SH DEFINED 0107 155000
STORAGE USA COM 861907103 4894 150000 SH DEFINED 011618 150000
STORAGE TRUST REALTY COM 861909109 3981 175000 SH DEFINED 0107 175000
STOREMEDIA COM 862221108 6388 175000 SH DEFINED 0106 175000
STRATACOM INC COM 862683109 6983 95000 SH DEFINED 0108 95000
STRATACOM INC COM 862683109 25725 350000 SH DEFINED 0126 350000
STRATACOM INC COM 862683109 11025 150000 SH DEFINED 0106 150000
STRATACOM INC COM 862683109 22050 300000 SH DEFINED 0111 300000
STRATACOM INC COM 862683109 2940 40000 SH DEFINED 011622 40000
STRATACOM INC COM 862683109 6615 90000 SH DEFINED 011623 90000
STRATACOM INC COM 862683109 2352 32000 SH DEFINED 011619 32000
STRATACOM INC COM 862683109 10290 140000 SH DEFINED 011614 140000
STRATACOM INC COM 862683109 25072 341100 SH DEFINED 0102 341100
STRATACOM INC COM 862683109 10562 143700 SH DEFINED 0131 143700
STRATACOM INC COM 862683109 1007 13700 SH DEFINED 0103 13700
STRATUS COMPUTER COM 863155107 866 25000 SH DEFINED 01 25000
STRIDE RITE CORP COM 863314100 27 3636 SH DEFINED 0103 3636
STRYKER CORP COM 863667101 21000 400000 SH DEFINED 0111 400000
STRYKER CORP COM 863667101 3150 60000 SH DEFINED 011622 60000
STRYKER CORP COM 863667101 6300 120000 SH DEFINED 011623 120000
STRYKER CORP COM 863667101 20475 390000 SH DEFINED 011516 390000
STRYKER CORP COM 863667101 1838 35000 SH DEFINED 011619 35000
STRYKER CORP COM 863667101 7613 145000 SH DEFINED 011614 145000
STRYKER CORP COM 863667101 159 3000 SH DEFINED 0102 3000
SUMMIT PROPERTIES COM 866239106 3975 200000 SH DEFINED 0132 200000
SUMMIT PROPERTIES COM 866239106 3975 200000 SH DEFINED 011618 200000
SUN COMMUNITIES INC COM 866674104 4748 180000 SH DEFINED 0128 180000
<PAGE> PAGE 62
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
SUN COMMUNITIES INC COM 866674104 3297 125000 SH DEFINED 0107 125000
SUN COM 866762107 150 5490 SH DEFINED 0103 5490
SUN MICROSYSTEMS INC COM 866810104 654 14328 SH DEFINED 0103 14328
SUNBEAM-OSTER INC COM 867071102 601 39431 SH DEFINED 0103 39431
SUNDSTRAND CORP COM 867323107 2956 42000 SH DEFINED 01 42000
SUNGLASS HUT COM 86736F106 2375 100000 SH DEFINED 0111 100000
SUNGARD DATA COM 867363103 1710 60000 SH DEFINED 011619 60000
SUNGARD DATA COM 867363103 7410 260000 SH DEFINED 011614 260000
SUNRISE MEDICAL COM 867910101 4654 251559 SH DEFINED 0103 251559
SUNTRUST BANKS INC COM 867914103 576 8405 SH DEFINED 0103 8405
SUPERIOR IND INTL COM 868168105 6594 250000 SH DEFINED 0106 250000
SUPERVALU INC COM 868536103 157 4984 SH DEFINED 0103 4984
SYBASE SOFTWARE COM 871130100 32789 910775 SH DEFINED 0102 910775
SYBASE SOFTWARE COM 871130100 9478 263285 SH DEFINED 01 263285
SYBRON CORP COM 87114F106 22047 928200 SH DEFINED 0102 928200
SYBRON CORP COM 87114F106 3321 139816 SH DEFINED 0103 139816
SYMANTEC CORP COM 871503108 347 14906 SH DEFINED 0102 14906
SYMANTEC CORP COM 871503108 4101 176400 SH DEFINED 0131 176400
SYMANTEC CORP COM 871503108 253 10900 SH DEFINED 0103 10900
SYMBOL TECHNOLOGIES COM 871508107 9875 250000 SH DEFINED 0106 250000
SYNAPTIC PHARM COM 87156R109 1325 100000 SH DEFINED 011614 100000
SYNOPSYS INC COM 871607107 9500 250000 SH DEFINED 0106 250000
SYNOPSYS INC COM 871607107 1900 50000 SH DEFINED 011619 50000
SYNOPSYS INC COM 871607107 7600 200000 SH DEFINED 011614 200000
SYNOPSYS INC COM 871607107 14823 390100 SH DEFINED 0102 390100
SYNOPSYS INC COM 871607107 10051 264500 SH DEFINED 0131 264500
SYNOPSYS INC COM 871607107 1003 26400 SH DEFINED 0103 26400
SYNOPTICS COMM 144A CONV BOND 871609AA1 21700 20000000 PRN DEFINED 0130 20000000
SYSCO CORPORATION COM 871829107 6500 200000 SH DEFINED 0108 200000
SYSCO CORPORATION COM 871829107 434 13365 SH DEFINED 0103 13365
SYSTEM SOFTWARE ASSC COM 871839106 6525 300000 SH DEFINED 0106 300000
SYSTEM SOFTWARE ASSC COM 871839106 3231 148570 SH DEFINED 01 148570
SYSTEMED COM 871853107 8556 1850000 SH DEFINED 011516 1850000
TCF FINL CORP MPLS COM 872275102 5466 165000 SH DEFINED 0128 165000
TCSI CORP COM 87233R106 1480 80000 SH DEFINED 011619 80000
TECO ENERGY COM 872375100 10891 425000 SH DEFINED 0132 425000
TIG HOLDINGS COM 872469101 9975 350000 SH DEFINED 0108 350000
TIG HOLDINGS COM 872469101 28500 1000000 SH DEFINED 0124 1000000
TJX COS COM 872540109 25481 1350000 SH DEFINED 0113 1350000
TJX COS COM 872540109 6795 360000 SH DEFINED 0128 360000
TJX COS COM 872540109 2171 115000 SH DEFINED 011619 115000
TJX COS COM 872540109 9438 500000 SH DEFINED 011614 500000
TJX COS COM 872540109 611 32361 SH DEFINED 0103 32361
TRW COM 872649108 377 4865 SH DEFINED 0103 4865
TRW COM 872649108 4495 58000 SH DEFINED 01 58000
TSL HOLDINGS INC COM 872918107 0 15 SH DEFINED 0102 15
TSL HOLDINGS INC COM 872918107 0 2 SH DEFINED 0103 2
TAIWAN FUND COM 874036106 5740 280000 SH DEFINED 0112 280000
TAIWAN FUND COM 874036106 6617 322800 SH DEFINED 011617 322800
TANDEM COMPUTERS COM 875370108 88 8236 SH DEFINED 0103 8236
<PAGE> PAGE 63
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TANDY CORP COM 875382103 200 4829 SH DEFINED 0103 4829
TARGET THERAPEUTICS COM 875919102 470 11000 SH DEFINED 011619 11000
TARGET THERAPEUTICS COM 875919102 2095 49000 SH DEFINED 011614 49000
TARGET THERAPEUTICS COM 875919102 26 600 SH DEFINED 0102 600
TARGET THERAPEUTICS COM 875919102 8721 204000 SH DEFINED 0131 204000
TARGET THERAPEUTICS COM 875919102 496 11600 SH DEFINED 0103 11600
TAUBMAN CENTERS INC COM 876664103 11000 1100000 SH DEFINED 0113 1100000
TECH DATA CORP COM 878237106 15000 1000000 SH DEFINED 0106 1000000
TECH DATA CORP COM 878237106 1575 105000 SH DEFINED 011619 105000
TECH DATA CORP COM 878237106 7200 480000 SH DEFINED 011614 480000
TECH DATA CORP COM 878237106 3413 227530 SH DEFINED 01 227530
TECH SOLUTIONS COM 87872T108 2194 112500 SH DEFINED 011516 112500
TECNOL MEDICAL PRODU COM 878755107 2160 120000 SH DEFINED 011619 120000
TECNOL MEDICAL PRODU COM 878755107 13 700 SH DEFINED 0102 700
TECNOL MEDICAL PRODU COM 878755107 4685 260300 SH DEFINED 0131 260300
TECNOL MEDICAL PRODU COM 878755107 266 14800 SH DEFINED 0103 14800
TEKTRONIX COM 879131100 119 2426 SH DEFINED 0103 2426
TELE-COMMUNICATION A COM 87924V101 9938 500000 SH DEFINED 0130 500000
TELE-COMMUNICATION A COM 87924V101 9938 500000 SH DEFINED 0124 500000
TELE-COMMUNICATION A COM 87924V101 211 10600 SH DEFINED 0125 10600
TELE-COMMUNICATION A COM 87924V101 105338 5300000 SH DEFINED 011516 5300000
TELE-COMMUNICATION A COM 87924V101 1212 61000 SH DEFINED 011620 61000
TELE-COMMUNICATION A COM 87924V101 7950 400000 SH DEFINED 011614 400000
TELE-COMMUNICATION A COM 87924V101 26681 1342130 SH DEFINED 0102 1342130
TELE-COMMUNICATION A COM 87924V101 1184 59578 SH DEFINED 0103 59578
TELE-COMMUNICATION A COM 87924V101 1093 55000 SH DEFINED 01 55000
LIBERTY MEDIA CL A COM 87924V507 3359 125000 SH DEFINED 0130 125000
LIBERTY MEDIA CL A COM 87924V507 53750 2000000 SH DEFINED 011516 2000000
LIBERTY MEDIA CL A COM 87924V507 625 23250 SH DEFINED 011620 23250
LIBERTY MEDIA CL A COM 87924V507 1126 41887 SH DEFINED 0102 41887
LIBERTY MEDIA CL A COM 87924V507 7848 292000 SH DEFINED 0131 292000
LIBERTY MEDIA CL A COM 87924V507 486 18100 SH DEFINED 0103 18100
TELE DANMARK ADS COM 879242105 29006 1050000 SH DEFINED 0113 1050000
TELE DANMARK ADS COM 879242105 6768 245000 SH DEFINED 0132 245000
TELE DANMARK ADS COM 879242105 21824 790000 SH DEFINED 0107 790000
TELE DANMARK ADS COM 879242105 16575 600000 SH DEFINED 011618 600000
TELE DANMARK ADS COM 879242105 19338 700000 SH DEFINED 0131 700000
TELE DANMARK ADS COM 879242105 718 26000 SH DEFINED 0103 26000
TELE DANMARK ADS COM 879242105 14405 521435 SH DEFINED 01 521435
TELEBRAS ADR COM 879287100 6329 133600 SH DEFINED 0112 133600
TELEBRAS ADR COM 879287100 9655 203800 SH DEFINED 011617 203800
TELEDYNE COM 879335107 102 3985 SH DEFINED 0103 3985
TELEFLEX INC COM 879369106 9225 225000 SH DEFINED 0108 225000
TELEFONICA DE ESPANA COM 879382208 10469 250000 SH DEFINED 0124 250000
TELEFONICA DE ESPANA COM 879382208 8375 200000 SH DEFINED 0135 200000
TELEFONICA DE ESPANA COM 879382208 1319 31500 SH DEFINED 011620 31500
TELEFONOS DE MEXICO COM 879403780 7523 236000 SH DEFINED 01 236000
TELEWEST COM 87956P105 3016 125000 SH DEFINED 0124 125000
TELLABS COM 879664100 37000 1000000 SH DEFINED 0126 1000000
TELLABS COM 879664100 44400 1200000 SH DEFINED 0111 1200000
<PAGE> PAGE 64
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TELLABS COM 879664100 307 8300 SH DEFINED 0125 8300
TELLABS COM 879664100 5550 150000 SH DEFINED 011622 150000
TELLABS COM 879664100 11100 300000 SH DEFINED 011623 300000
TELLABS COM 879664100 29683 802200 SH DEFINED 0102 802200
TELLABS COM 879664100 13535 365800 SH DEFINED 0131 365800
TELLABS COM 879664100 1892 51149 SH DEFINED 0103 51149
TEMPEST REINS PRIVAT COM 8798009A0 10203 80000 SH DEFINED 0108 80000
TEMPEST REINS PRIVAT COM 8798009A0 3826 30000 SH DEFINED 0128 30000
TEMPEST REINS PRIVAT COM 8798009A0 10203 80000 SH DEFINED 0124 80000
TEMPEST REINS PRIVAT COM 8798009A0 9821 77000 SH DEFINED 0131 77000
TEMPEST REINS PRIVAT COM 8798009A0 383 3000 SH DEFINED 0103 3000
TEMPLE INLAND COM 879868107 180 4077 SH DEFINED 0103 4077
TENCOR INSTRUMENTS COM 880323100 8531 350000 SH DEFINED 0106 350000
TENET HEALTHCARE COR COM 88033G100 306 14771 SH DEFINED 0103 14771
TENNECO INC COM 880370101 31016 625000 SH DEFINED 0113 625000
TENNECO INC COM 880370101 184 3700 SH DEFINED 0125 3700
TENNECO INC COM 880370101 13151 265000 SH DEFINED 0107 265000
TENNECO INC COM 880370101 55 1100 SH DEFINED 0102 1100
TENNECO INC COM 880370101 23572 475000 SH DEFINED 0131 475000
TENNECO INC COM 880370101 1620 32633 SH DEFINED 0103 32633
TENNECO INC COM 880370101 8380 168864 SH DEFINED 01 168864
TENNECO SRS B $100 PREFERRED STOCK 880370721 5719 56904 SH DEFINED 0105 56904
TENNECO SRS B $100 PREFERRED STOCK 880370721 1160 11540 SH DEFINED 01 11540
TENNECO SRS B $100 PREFERRED STOCK 880370721 290 2886 SH DEFINED 01 2886
TERADYNE INC COM 880770102 25000 1000000 SH DEFINED 0126 1000000
TERADYNE INC COM 880770102 12524 500900 SH DEFINED 0102 500900
TERADYNE INC COM 880770102 260 10400 SH DEFINED 0103 10400
TETRA TECH INC COM 88162G103 1706 75000 SH DEFINED 011619 75000
TEVA PHARM INDS -AD COM 881624209 9275 200000 SH DEFINED 0111 200000
TEVA PHARM INDS -AD COM 881624209 1855 40000 SH DEFINED 011622 40000
TEVA PHARM INDS -AD COM 881624209 3710 80000 SH DEFINED 011623 80000
TEVA PHARM INDS -AD COM 881624209 1855 40000 SH DEFINED 011619 40000
TEVA PHARM INDS -AD COM 881624209 7884 170000 SH DEFINED 011614 170000
TEVA PHARM INDS -AD COM 881624209 928 20000 SH DEFINED 01 20000
TEXACO COM 881694103 15700 200000 SH DEFINED 011516 200000
TEXACO COM 881694103 1500 19111 SH DEFINED 0103 19111
TEXAS INSTRUMENTS COM 882508104 738 14268 SH DEFINED 0103 14268
TEXAS UTILITIES COM 882848104 655 15923 SH DEFINED 0103 15923
TEXAS UTILITIES PREFERRED STOCK 882850431 5427 54000 SH DEFINED 0105 54000
TEXTRON INC COM 883203101 27000 400000 SH DEFINED 0113 400000
TEXTRON INC COM 883203101 21938 325000 SH DEFINED 0131 325000
TEXTRON INC COM 883203101 1233 18272 SH DEFINED 0103 18272
THAMES WATER DIV SHR COM 883300980 548 62842 SH DEFINED 0113 62842
THAI-THEPAROS FOOD COM 883379992 1047 296300 SH DEFINED 0135 296300
THERMO ELECTRON CVT CONV BOND 883556AF9 1754 1600000 PRN DEFINED 011619 1600000
THERMO ELECTRON CVT CONV BOND 883556AF9 8222 7500000 PRN DEFINED 011614 7500000
THERMO-ELECTRON COM 883556102 9360 180000 SH DEFINED 011614 180000
THERMEDICS INC COM 883901100 10115 364600 SH DEFINED 0102 364600
THERMEDICS INC COM 883901100 325 11700 SH DEFINED 0103 11700
THOMAS & BETTS COM 884315102 14750 200000 SH DEFINED 0107 200000
<PAGE> PAGE 65
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
THOMAS & BETTS COM 884315102 20281 275000 SH DEFINED 0131 275000
THOMAS & BETTS COM 884315102 917 12442 SH DEFINED 0103 12442
3 COM CORP COM 885535104 46625 1000000 SH DEFINED 0126 1000000
3 COM CORP COM 885535104 3963 85000 SH DEFINED 011619 85000
3 COM CORP COM 885535104 17484 375000 SH DEFINED 011614 375000
3 COM CORP COM 885535104 204666 4389551 SH DEFINED 0102 4389551
3 COM CORP COM 885535104 22147 475000 SH DEFINED 0131 475000
3 COM CORP COM 885535104 4041 86650 SH DEFINED 0103 86650
3 COM CORP COM 885535104 8813 189000 SH DEFINED 01 189000
TIDEWATER INC COM 886423102 1890 60000 SH DEFINED 011619 60000
TIDEWATER INC COM 886423102 8348 265000 SH DEFINED 011614 265000
TIME WARNER INC CONV BOND 887315AH2 14508 41900000 PRN DEFINED 011618 41900000
TIME WARNER INC COM 887315109 20831 550000 SH DEFINED 0130 550000
TIME WARNER INC COM 887315109 8522 225000 SH DEFINED 0108 225000
TIME WARNER INC COM 887315109 37875 1000000 SH DEFINED 0126 1000000
TIME WARNER INC COM 887315109 28406 750000 SH DEFINED 0124 750000
TIME WARNER INC COM 887315109 3261 86100 SH DEFINED 0125 86100
TIME WARNER INC COM 887315109 128775 3400000 SH DEFINED 011516 3400000
TIME WARNER INC COM 887315109 17044 450000 SH DEFINED 011618 450000
TIME WARNER INC COM 887315109 2462 65000 SH DEFINED 011620 65000
TIME WARNER INC COM 887315109 32518 858549 SH DEFINED 0102 858549
TIME WARNER INC COM 887315109 2530 66797 SH DEFINED 0103 66797
TIMES MIRROR CL A COM 887364107 288 8500 SH DEFINED 0125 8500
TIMES MIRROR CL A COM 887364107 34 1000 SH DEFINED 0102 1000
TIMES MIRROR CL A COM 887364107 277 8181 SH DEFINED 0103 8181
TIMKEN CO. COM 887389104 122477 3202032 SH DEFINED 0103 3202032
TOOTSIE ROLL INDS COM 890516107 32619 823200 SH DEFINED 011516 823200
TORCHMARK CORP COM 891027104 233 5148 SH DEFINED 0103 5148
TOTAL COM 89151E109 23800 700000 SH DEFINED 0130 700000
TOTAL COM 89151E109 10200 300000 SH DEFINED 0108 300000
TOTAL COM 89151E109 23800 700000 SH DEFINED 0113 700000
TOTAL COM 89151E109 16830 495000 SH DEFINED 0107 495000
TOTAL COM 89151E109 17000 500000 SH DEFINED 011618 500000
TOTAL COM 89151E109 17000 500000 SH DEFINED 0131 500000
TOTAL COM 89151E109 646 19000 SH DEFINED 0103 19000
TOWER AUTO COM 891707101 5250 300000 SH DEFINED 0128 300000
TOYOTA ADR COM 892331307 10563 250000 SH DEFINED 011516 250000
TOYS R US COM 892335100 17944 825000 SH DEFINED 0131 825000
TOYS R US COM 892335100 1080 49653 SH DEFINED 0103 49653
TRANSACTION SYSTEM COM 893416107 8438 250000 SH DEFINED 011516 250000
TRANSAMERICA CORP COM 893485102 368 5056 SH DEFINED 0103 5056
TRANSPORT HLDGS CL A COM 893855106 5 125 SH DEFINED 0102 125
TRANSPORT DE GAS COM 893870204 3219 250000 SH DEFINED 0132 250000
TRANSPACIFIC RES 4% COM 893880997 0 250000 SH DEFINED 0102 250000
TRANSPACIFIC RES COM 893900100 0 2491896 SH DEFINED 0102 2491896
TRANSDIGM WARRANTS WARRANT 893900993 399 3989 SH DEFINED 0104 3989
TRANSDIGM WARRANTS WARRANT 893900993 891 8909 SH DEFINED 0109 8909
TRAVELERS INC NEW COM 894190107 31438 500000 SH DEFINED 0130 500000
TRAVELERS INC NEW COM 894190107 18863 300000 SH DEFINED 0111 300000
TRAVELERS INC NEW COM 894190107 465 7400 SH DEFINED 0125 7400
<PAGE> PAGE 66
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TRAVELERS INC NEW COM 894190107 37725 600000 SH DEFINED 011618 600000
TRAVELERS INC NEW COM 894190107 2201 35000 SH DEFINED 011620 35000
TRAVELERS INC NEW COM 894190107 39234 623937 SH DEFINED 0102 623937
TRAVELERS INC NEW COM 894190107 3043 48396 SH DEFINED 0103 48396
TRAVELERS INC NEW COM 894190107 5905 93911 SH DEFINED 01 93911
TRIANGLE WIRE & CABL COM 895929107 211 211111 SH DEFINED 0104 211111
TRIANGLE WIRE & CABL COM 895929107 549 548889 SH DEFINED 0109 548889
TRIANGLE WIRE & CABL COM 895929107 84 84444 SH DEFINED 011621 84444
TRIBUNE CO COM 896047107 15281 250000 SH DEFINED 0126 250000
TRIBUNE CO COM 896047107 171 2800 SH DEFINED 0125 2800
TRIBUNE CO COM 896047107 42 700 SH DEFINED 0102 700
TRIBUNE CO COM 896047107 4811 78700 SH DEFINED 0131 78700
TRIBUNE CO COM 896047107 545 8915 SH DEFINED 0103 8915
TRINITY INDUSTRIES COM 896522109 10238 325000 SH DEFINED 0108 325000
TRINOVA CORP COM 896678109 60 2110 SH DEFINED 0103 2110
TULTEX CORP COM 899900104 238 57668 SH DEFINED 0102 57668
TURNER BROADCAST B COM 900262502 11700 450000 SH DEFINED 011618 450000
TYCO INTERNATIONAL COM 902120104 14250 400000 SH DEFINED 0108 400000
TYCO INTERNATIONAL COM 902120104 17813 500000 SH DEFINED 0111 500000
TYCO INTERNATIONAL COM 902120104 3206 90000 SH DEFINED 011622 90000
TYCO INTERNATIONAL COM 902120104 7125 200000 SH DEFINED 011623 200000
TYCO INTERNATIONAL COM 902120104 35625 1000000 SH DEFINED 011618 1000000
TYCO INTERNATIONAL COM 902120104 2672 75000 SH DEFINED 011619 75000
TYCO INTERNATIONAL COM 902120104 3114 87400 SH DEFINED 011620 87400
TYCO INTERNATIONAL COM 902120104 12113 340000 SH DEFINED 011614 340000
TYCO INTERNATIONAL COM 902120104 12913 362438 SH DEFINED 0102 362438
TYCO INTERNATIONAL COM 902120104 4916 138000 SH DEFINED 0131 138000
TYCO INTERNATIONAL COM 902120104 3868 108592 SH DEFINED 0103 108592
TYCO INTERNATIONAL COM 902120104 7553 212000 SH DEFINED 01 212000
UCAR INTERNATIONAL COM 90262K109 9318 276100 SH DEFINED 0130 276100
UCAR INTERNATIONAL COM 90262K109 3375 100000 SH DEFINED 0108 100000
UCAR INTERNATIONAL COM 90262K109 8438 250000 SH DEFINED 0135 250000
UCAR INTERNATIONAL COM 90262K109 1114 33000 SH DEFINED 011620 33000
UCAR INTERNATIONAL COM 90262K109 4506 133500 SH DEFINED 01 133500
USX MARATHON GROUP COM 902905827 275 14100 SH DEFINED 0125 14100
USX MARATHON GROUP COM 902905827 86 4400 SH DEFINED 0102 4400
USX MARATHON GROUP COM 902905827 539 27673 SH DEFINED 0103 27673
UST INC COM 902911106 33375 1000000 SH DEFINED 0113 1000000
UST INC COM 902911106 3304 99000 SH DEFINED 0125 99000
UST INC COM 902911106 18356 550000 SH DEFINED 0107 550000
UST INC COM 902911106 46725 1400000 SH DEFINED 011516 1400000
UST INC COM 902911106 8998 269600 SH DEFINED 0102 269600
UST INC COM 902911106 24197 725000 SH DEFINED 0131 725000
UST INC COM 902911106 1379 41311 SH DEFINED 0103 41311
UST INC COM 902911106 7446 223090 SH DEFINED 01 223090
USA WASTE SERVICES I COM 902917103 22650 1200000 SH DEFINED 011516 1200000
UNUM CORP COM 903192102 27500 500000 SH DEFINED 0130 500000
UNUM CORP COM 903192102 8250 150000 SH DEFINED 0108 150000
UNUM CORP COM 903192102 23100 420000 SH DEFINED 0126 420000
UNUM CORP COM 903192102 33000 600000 SH DEFINED 0124 600000
<PAGE> PAGE 67
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
UNUM CORP COM 903192102 3553 64600 SH DEFINED 0125 64600
UNUM CORP COM 903192102 27500 500000 SH DEFINED 011516 500000
UNUM CORP COM 903192102 34106 620100 SH DEFINED 011618 620100
UNUM CORP COM 903192102 1865 33900 SH DEFINED 011619 33900
UNUM CORP COM 903192102 2739 49800 SH DEFINED 011620 49800
UNUM CORP COM 903192102 7975 145000 SH DEFINED 011614 145000
UNUM CORP COM 903192102 144545 2627691 SH DEFINED 0102 2627691
UNUM CORP COM 903192102 14262 259300 SH DEFINED 0131 259300
UNUM CORP COM 903192102 3835 69697 SH DEFINED 0103 69697
UNUM CORP COM 903192102 21638 393420 SH DEFINED 01 393420
U S F & G CORP COM 903290104 139 8233 SH DEFINED 0103 8233
USX-US STEEL GROUP COM 90337T101 33 1100 SH DEFINED 0102 1100
USX-US STEEL GROUP COM 90337T101 182 5919 SH DEFINED 0103 5919
ULTRAMAR COM 903912103 12875 500000 SH DEFINED 0113 500000
ULTRAMAR COM 903912103 12231 475000 SH DEFINED 0107 475000
ULTRAMAR COM 903912103 5150 200000 SH DEFINED 01 200000
UNILEVER NV NY SHRS COM 904784501 1669 11858 SH DEFINED 0103 11858
UNICOM CORP COM 904911104 513 15670 SH DEFINED 0103 15670
UNION CAMP CORP COM 905530101 26194 550000 SH DEFINED 0113 550000
UNION CAMP CORP COM 905530101 7620 160000 SH DEFINED 0107 160000
UNION CAMP CORP COM 905530101 19050 400000 SH DEFINED 0131 400000
UNION CAMP CORP COM 905530101 958 20120 SH DEFINED 0103 20120
UNION CARBIDE CORP COM 905581104 383 10226 SH DEFINED 0103 10226
UNION ELECTRIC COM 906548102 9394 225000 SH DEFINED 0132 225000
UNION ELECTRIC COM 906548102 1599 38300 SH DEFINED 0125 38300
UNION ELECTRIC COM 906548102 409 9800 SH DEFINED 0102 9800
UNION ELECTRIC COM 906548102 751 17986 SH DEFINED 0103 17986
UNION PACIFIC CORP COM 907818108 23100 350000 SH DEFINED 0130 350000
UNION PACIFIC CORP COM 907818108 6600 100000 SH DEFINED 0108 100000
UNION PACIFIC CORP COM 907818108 29700 450000 SH DEFINED 0113 450000
UNION PACIFIC CORP COM 907818108 16500 250000 SH DEFINED 0124 250000
UNION PACIFIC CORP COM 907818108 1076 16300 SH DEFINED 0125 16300
UNION PACIFIC CORP COM 907818108 9570 145000 SH DEFINED 0107 145000
UNION PACIFIC CORP COM 907818108 18480 280000 SH DEFINED 011618 280000
UNION PACIFIC CORP COM 907818108 46948 711275 SH DEFINED 0102 711275
UNION PACIFIC CORP COM 907818108 21450 325000 SH DEFINED 0131 325000
UNION PACIFIC CORP COM 907818108 2775 42036 SH DEFINED 0103 42036
UNION PACIFIC CORP COM 907818108 8151 123498 SH DEFINED 01 123498
UP RESOURSE COM 907834105 5202 205000 SH DEFINED 011618 205000
UNISYS CORP COM 909214108 67 11947 SH DEFINED 0103 11947
UNITED ASSET MGMT CO COM 909420101 6716 175000 SH DEFINED 0107 175000
UNITED CO COM 909870107 952 36100 SH DEFINED 011619 36100
UNITED CO COM 909870107 4191 158900 SH DEFINED 011614 158900
UTD DOMINION IND LTD COM 909914103 5005 231427 SH DEFINED 0103 231427
UNITED HEALTHCARE COM 910581107 85150 1300000 SH DEFINED 0126 1300000
UNITED HEALTHCARE COM 910581107 39300 600000 SH DEFINED 0111 600000
UNITED HEALTHCARE COM 910581107 2175 33200 SH DEFINED 0125 33200
UNITED HEALTHCARE COM 910581107 6452 98500 SH DEFINED 011622 98500
UNITED HEALTHCARE COM 910581107 13932 212700 SH DEFINED 011623 212700
UNITED HEALTHCARE COM 910581107 49125 750000 SH DEFINED 011618 750000
<PAGE> PAGE 68
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
UNITED HEALTHCARE COM 910581107 126324 1928420 SH DEFINED 0102 1928420
UNITED HEALTHCARE COM 910581107 1820 27792 SH DEFINED 0103 27792
UNITED HEALTHCARE COM 910581107 17444 266320 SH DEFINED 01 266320
UNITED ILLUM CO COM 910637107 4298 115000 SH DEFINED 0132 115000
UNITED MERIDIAN CORP COM 910865104 6081 350000 SH DEFINED 0106 350000
U.S. BANCORP COM 911596104 240 7138 SH DEFINED 0103 7138
US FILTER CORP 144A CONV BOND 911843AC4 11550 10000000 PRN DEFINED 0130 10000000
US FILTER CORP 144A CONV BOND 911843AC4 4043 3500000 PRN DEFINED 0104 3500000
US FILTER CORP 144A CONV BOND 911843AC4 2021 1750000 PRN DEFINED 0109 1750000
US FILTER CORP 144A CONV BOND 911843AC4 10973 9500000 PRN DEFINED 0107 9500000
US FILTER CORP 144A CONV BOND 911843AC4 2021 1750000 PRN DEFINED 011621 1750000
U S FILTER CORP COM 911843209 13590 510400 SH DEFINED 0102 510400
U S FILTER CORP COM 911843209 6523 245000 SH DEFINED 0131 245000
U S FILTER CORP COM 911843209 692 26000 SH DEFINED 0103 26000
US AIR GROUP INC. COM 911905107 60 4550 SH DEFINED 0103 4550
US HEALTH CARE INC COM 911910107 9300 200000 SH DEFINED 0107 200000
US HEALTH CARE INC COM 911910107 24413 525000 SH DEFINED 011516 525000
US HEALTH CARE INC COM 911910107 525 11282 SH DEFINED 0103 11282
U. S. SURGICAL CORP COM 912707106 91 4238 SH DEFINED 0103 4238
U S WEST COM 912889102 21450 600000 SH DEFINED 0130 600000
U S WEST COM 912889102 35750 1000000 SH DEFINED 0126 1000000
U S WEST COM 912889102 10725 300000 SH DEFINED 0132 300000
U S WEST COM 912889102 8938 250000 SH DEFINED 0124 250000
U S WEST COM 912889102 447 12500 SH DEFINED 0125 12500
U S WEST COM 912889102 18411 515000 SH DEFINED 0107 515000
U S WEST COM 912889102 37538 1050000 SH DEFINED 011516 1050000
U S WEST COM 912889102 100092 2799825 SH DEFINED 0102 2799825
U S WEST COM 912889102 2009 56174 SH DEFINED 0103 56174
US WEST MEDIA COM 912889201 11400 600000 SH DEFINED 0130 600000
US WEST MEDIA COM 912889201 4750 250000 SH DEFINED 0124 250000
US WEST MEDIA COM 912889201 238 12500 SH DEFINED 0125 12500
US WEST MEDIA COM 912889201 19950 1050000 SH DEFINED 011516 1050000
US WEST MEDIA COM 912889201 223 11775 SH DEFINED 0102 11775
US WEST MEDIA COM 912889201 654 34424 SH DEFINED 0103 34424
UNITED TECHNOLOGIES COM 913017109 23719 250000 SH DEFINED 0130 250000
UNITED TECHNOLOGIES COM 913017109 9488 100000 SH DEFINED 0108 100000
UNITED TECHNOLOGIES COM 913017109 61669 650000 SH DEFINED 0126 650000
UNITED TECHNOLOGIES COM 913017109 47 500 SH DEFINED 0125 500
UNITED TECHNOLOGIES COM 913017109 11385 120000 SH DEFINED 0107 120000
UNITED TECHNOLOGIES COM 913017109 37950 400000 SH DEFINED 011618 400000
UNITED TECHNOLOGIES COM 913017109 2543 26800 SH DEFINED 011620 26800
UNITED TECHNOLOGIES COM 913017109 13717 144575 SH DEFINED 0102 144575
UNITED TECHNOLOGIES COM 913017109 18975 200000 SH DEFINED 0131 200000
UNITED TECHNOLOGIES COM 913017109 1975 20812 SH DEFINED 0103 20812
UNITED TECHNOLOGIES COM 913017109 12824 135175 SH DEFINED 01 135175
UNITED TELECOM $100 PREFERRED STOCK 9130252*2 3818 37472 SH DEFINED 0105 37472
UNITED TRANSNET INC COM 913100103 1538 100000 SH DEFINED 011614 100000
UNITED WASTE SYS INC COM 913174108 7450 200000 SH DEFINED 011614 200000
UNITED WISCONSIN SVC COM 913236105 1597 72600 SH DEFINED 0128 72600
UNIVERSAL HLTH CR-B COM 913903100 13313 300000 SH DEFINED 011516 300000
<PAGE> PAGE 69
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
UNOCAL CORP COM 915289102 526 18062 SH DEFINED 0103 18062
UROMED CORP COM 917274102 1288 100000 SH DEFINED 011619 100000
UROMED CORP COM 917274102 5794 450000 SH DEFINED 011614 450000
USLIFE CORP COM 917318107 25459 852195 SH DEFINED 0103 852195
V. F. CORP COM 918204108 454 8600 SH DEFINED 0125 8600
V. F. CORP COM 918204108 111 2100 SH DEFINED 0102 2100
V. F. CORP COM 918204108 386 7312 SH DEFINED 0103 7312
STAR PORTFOLIO COM 921909107 2 104 SH DEFINED 01 104
VARITY CORP COM 92224R602 27 722 SH DEFINED 0103 722
VAUGHAN BASSETT FURN COM 922272117 40 1311 SH DEFINED 0102 1311
VEECO COM 922417100 776 53500 SH DEFINED 011619 53500
VEECO COM 922417100 2139 147500 SH DEFINED 011614 147500
VENTRITEX INC COM 922814108 5647 325000 SH DEFINED 0106 325000
VENTRITEX INC COM 922814108 500 28800 SH DEFINED 011619 28800
VENTRITEX INC COM 922814108 2106 121200 SH DEFINED 011614 121200
VENTRITEX INC COM 922814108 3353 192954 SH DEFINED 01 192954
VESSEL CHARTERS INC COM 925400996 0 25000 SH DEFINED 0102 25000
VIACOM INTL COM 925524100 14 300 SH DEFINED 0102 300
VIACOM INTL COM 925524100 4757 103700 SH DEFINED 0131 103700
VIACOM INTL COM 925524100 266 5800 SH DEFINED 0103 5800
VIACOM INC WTS C '97 WARRANT 925524126 1006 350000 SH DEFINED 011516 350000
VIACOM INC CL B COM 925524308 14213 300000 SH DEFINED 0130 300000
VIACOM INC CL B COM 925524308 37900 800000 SH DEFINED 0126 800000
VIACOM INC CL B COM 925524308 14 300 SH DEFINED 0102 300
VIACOM INC CL B COM 925524308 5832 123100 SH DEFINED 0131 123100
VIACOM INC CL B COM 925524308 1557 32858 SH DEFINED 0103 32858
VIDEOTRON COM 92659H103 9945 780000 SH DEFINED 0130 780000
VIDEOTRON COM 92659H103 15499 1215600 SH DEFINED 0124 1215600
VIDEOTRON COM 92659H103 5100 400000 SH DEFINED 0135 400000
VIGORO CORP COM 926754102 2470 40000 SH DEFINED 011619 40000
VIKING OFFICE PRODS COM 926913104 2325 50000 SH DEFINED 011619 50000
VIKING OFFICE PRODS COM 926913104 12788 275000 SH DEFINED 011614 275000
VIKING OFFICE PRODS COM 926913104 21851 469900 SH DEFINED 0102 469900
VIKING OFFICE PRODS COM 926913104 6380 137200 SH DEFINED 0131 137200
VIKING OFFICE PRODS COM 926913104 1033 22200 SH DEFINED 0103 22200
VIRGINIA-AMER WTR CO PREFERRED STOCK 927990200 206 2400 SH DEFINED 0113 2400
VISHAY INTRTECHNOLOG COM 928298108 31500 1000000 SH DEFINED 0126 1000000
VISHAY INTRTECHNOLOG COM 928298108 18900 600000 SH DEFINED 0111 600000
VISHAY INTRTECHNOLOG COM 928298108 12833 407400 SH DEFINED 011516 407400
VISHAY INTRTECHNOLOG COM 928298108 20475 650000 SH DEFINED 011618 650000
VISHAY INTRTECHNOLOG COM 928298108 124834 3963172 SH DEFINED 0102 3963172
VISHAY INTRTECHNOLOG COM 928298108 9526 302400 SH DEFINED 0131 302400
VISHAY INTRTECHNOLOG COM 928298108 1206 38280 SH DEFINED 0103 38280
VISHAY INTRTECHNOLOG COM 928298108 10996 349077 SH DEFINED 01 349077
WHX CORPORATION COM 929248102 1252 115151 SH DEFINED 0103 115151
WICOR INC COM 929253102 6450 200000 SH DEFINED 0132 200000
WMX TECHNOLOGIES INC COM 92929Q107 43319 1450000 SH DEFINED 011516 1450000
WMX TECHNOLOGIES INC COM 92929Q107 1464 49000 SH DEFINED 011620 49000
WMX TECHNOLOGIES INC COM 92929Q107 9495 317850 SH DEFINED 0102 317850
WMX TECHNOLOGIES INC COM 92929Q107 1071 35856 SH DEFINED 0103 35856
<PAGE> PAGE 70
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
WPP GROUP PLC -ADR COM 929309300 4178 164655 SH DEFINED 0103 164655
WABAN INC COM 929394104 1131 60321 SH DEFINED 0103 60321
WACHOVIA CORP COM 929771103 573 12514 SH DEFINED 0103 12514
WAL MART STORES COM 931142103 22375 1000000 SH DEFINED 0126 1000000
WAL MART STORES COM 931142103 140 6280 SH DEFINED 0102 6280
WAL MART STORES COM 931142103 3852 172156 SH DEFINED 0103 172156
WAL MART STORES COM 931142103 716 32000 SH DEFINED 01 32000
WALBRO CORP COM 931154108 3071 170628 SH DEFINED 0103 170628
WALGREEN CO. COM 931422109 20913 700000 SH DEFINED 011516 700000
WALGREEN CO. COM 931422109 36 1200 SH DEFINED 0102 1200
WALGREEN CO. COM 931422109 554 18535 SH DEFINED 0103 18535
WARNACO COM 934390105 20000 800000 SH DEFINED 0130 800000
WARNACO COM 934390105 750 30000 SH DEFINED 01 30000
WARNER LAMBERT CO COM 934488107 15054 155000 SH DEFINED 0107 155000
WARNER LAMBERT CO COM 934488107 985 10141 SH DEFINED 0103 10141
WASHINGTON GAS LIGHT COM 938837101 5125 250000 SH DEFINED 0132 250000
WAXMAN IND WRNTS WARRANT 944124122 143 143075 SH DEFINED 0116 143075
WAXMAN IND WRNTS WARRANT 944124122 13 13275 SH DEFINED 01 13275
WAXMAN IND WARRANTS WARRANT 944124999 8 150000 SH DEFINED 0105 150000
WEATHERFORD ENTERRA COM 947071106 7219 250000 SH DEFINED 0108 250000
WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0104 32502
WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0109 32502
WEEKS CORP COM 94856P102 5025 200000 SH DEFINED 011618 200000
WELLS FARGO & CO COM 949740104 238 1100 SH DEFINED 0102 1100
WELLS FARGO & CO COM 949740104 1285 5951 SH DEFINED 0103 5951
WELLSFORD RES PROP COM 950241109 11500 500000 SH DEFINED 0113 500000
WELLSFORD RES PROP COM 950241109 3565 155000 SH DEFINED 0107 155000
WENDYS INTL INC COM 950590109 38 1800 SH DEFINED 0125 1800
WENDYS INTL INC COM 950590109 10625 500000 SH DEFINED 011618 500000
WENDYS INTL INC COM 950590109 8 400 SH DEFINED 0102 400
WENDYS INTL INC COM 950590109 156 7364 SH DEFINED 0103 7364
WEST COMPANY COM 953348109 9177 390515 SH DEFINED 0103 390515
WESTERN AREA COM 957654205 1273 75420 SH DEFINED 0127 75420
WESTERN ATLAS INC COM 957674104 195 3865 SH DEFINED 0103 3865
WEST DEEP LEVELS ADR COM 958077208 819 25000 SH DEFINED 0127 25000
WESTERN GAS RESOURCE CONV PFD STOCK 958259301 3850 110000 SH DEFINED 0132 110000
WESTERN PACIFIC COM 959080102 3350 200000 SH DEFINED 0130 200000
WESTERN PACIFIC COM 959080102 906 54100 SH DEFINED 0128 54100
WESTERN PACIFIC COM 959080102 905 54000 SH DEFINED 011619 54000
WESTERN PACIFIC COM 959080102 436 26000 SH DEFINED 011614 26000
WESTERN RESOURCE INC PREFERRED STOCK 959425406 599 10000 SH DEFINED 0113 10000
WESTINGHOUSE ELEC COM 960402105 8250 500000 SH DEFINED 0108 500000
WESTINGHOUSE ELEC COM 960402105 2671 161900 SH DEFINED 0125 161900
WESTINGHOUSE ELEC COM 960402105 16500 1000000 SH DEFINED 011516 1000000
WESTINGHOUSE ELEC COM 960402105 16500 1000000 SH DEFINED 011618 1000000
WESTINGHOUSE ELEC COM 960402105 751 45500 SH DEFINED 0102 45500
WESTINGHOUSE ELEC COM 960402105 6628 401715 SH DEFINED 0103 401715
WESTINGHOUSE ELEC COM 960402105 330 20000 SH DEFINED 01 20000
WESTVACO CORP COM 961548104 22894 825000 SH DEFINED 0113 825000
WESTVACO CORP COM 961548104 204 7359 SH DEFINED 0103 7359
<PAGE> PAGE 71
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
WEYERHAEUSER COM 962166104 17300 400000 SH DEFINED 0124 400000
WEYERHAEUSER COM 962166104 12759 295000 SH DEFINED 0107 295000
WEYERHAEUSER COM 962166104 86 1960 SH DEFINED 0102 1960
WEYERHAEUSER COM 962166104 767 17742 SH DEFINED 0103 17742
WHIRLPOOL CORP COM 963320106 294 5521 SH DEFINED 0103 5521
WHITMAN CORP COM 96647K102 179 7690 SH DEFINED 0103 7690
WILLAMETTE IND INC COM 969133107 230 4091 SH DEFINED 0103 4091
WILLIAM COMPANIES COM 969457100 4388 100000 SH DEFINED 0132 100000
WILLIAM COMPANIES COM 969457100 326 7431 SH DEFINED 0103 7431
WINN-DIXIE COM 974280109 407 11028 SH DEFINED 0103 11028
WINDSTAR COM 975515107 4709 275000 SH DEFINED 011516 275000
WIRELESS ONE COM 97652H109 413 25000 SH DEFINED 0109 25000
WIRELESS ONE COM 97652H109 5363 325000 SH DEFINED 011516 325000
WISCONSIN ENERGY COM 976657106 6125 200000 SH DEFINED 0132 200000
WOLTERS KLUWER ADR* COM 977874205 0 1 SH DEFINED 01 1
WOLVERINE TUBE INC COM 978093102 15938 425000 SH DEFINED 0106 425000
WOLVERINE TUBE INC COM 978093102 5625 150000 SH DEFINED 0135 150000
WOLVERINE COM 978097103 1890 60000 SH DEFINED 011619 60000
WOOLWORTH CORP COM 980883102 125 9637 SH DEFINED 0103 9637
WORLDCOM INC COM 98155K102 670 19000 SH DEFINED 011620 19000
WORTHINGTON IND COM 981811102 11447 550000 SH DEFINED 0108 550000
WORTHINGTON IND COM 981811102 140 6712 SH DEFINED 0103 6712
WRIGLEY WM JR CO COM 982526105 26250 500000 SH DEFINED 011516 500000
WRIGLEY WM JR CO COM 982526105 32 600 SH DEFINED 0102 600
WRIGLEY WM JR CO COM 982526105 505 9615 SH DEFINED 0103 9615
XILINX INC 144A CONV BOND 983919AA9 15400 17500000 PRN DEFINED 0106 17500000
XEROX COM 984121103 34250 250000 SH DEFINED 0113 250000
XEROX COM 984121103 13700 100000 SH DEFINED 0124 100000
XEROX COM 984121103 24660 180000 SH DEFINED 011618 180000
XEROX COM 984121103 51004 372285 SH DEFINED 0102 372285
XEROX COM 984121103 23975 175000 SH DEFINED 0131 175000
XEROX COM 984121103 1960 14306 SH DEFINED 0103 14306
YPF COM 984245100 321 14865 SH DEFINED 01 14865
YELLOW CORPORATION COM 985509108 26 2131 SH DEFINED 0103 2131
YORK INTL CORP NEW COM 986670107 25850 550000 SH DEFINED 011516 550000
YORK INTL CORP NEW COM 986670107 9400 200000 SH DEFINED 011618 200000
ZENECA GROUP PLC -S COM 98934D106 1168 20000 SH DEFINED 01 20000
ZERO CORP COM 989484100 3948 222400 SH DEFINED 0128 222400
ZERO CORP COM 989484100 174 9783 SH DEFINED 0103 9783
ZILOG INC COM 989524103 10072 275000 SH DEFINED 0106 275000
ZILOG INC COM 989524103 4058 110808 SH DEFINED 01 110808
STABLE VALUE FUND COM 990007742 11483 1132068 SH DEFINED 0103 1132068
STABLE CAPITAL II COM 990007940 11556 1043911 SH DEFINED 0103 1043911
AM EXP RESEARCH 839 COM 990008393 6621 299999 SH DEFINED 0103 299999
FEDERAL INCOME FUND COM 990008443 115217 8612526 SH DEFINED 0103 8612526
EQY BASE INDEX COM 990008450 306339 18065623 SH DEFINED 0103 18065623
AM EXP TST BND 831 COM 990009086 9943 213435 SH DEFINED 0103 213435
AM EXP TST EMERG 837 COM 990009300 2158 34627 SH DEFINED 0103 34627
AM EXP TST CORE 838 COM 990009318 5477 66869 SH DEFINED 0103 66869
MANAGED GIC FUND COM 990009326 115059 4672622 SH DEFINED 0103 4672622
<PAGE> PAGE 72
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
INTERNATION COM 990009995 789 77556 SH DEFINED 0103 77556
REPORT SUMMARY 3451 DATA RECORDS 42721061 35 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
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