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Previous: FCC NATIONAL BANK, 8-K, 1996-05-10 |
Next: USAA REAL ESTATE INCOME INVESTMENTS II LIMITED PARTNERSHIP, 10-Q, 1996-05-10 |
<TABLE>
<C> <C>
<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 03/29/96
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 03/29/96
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 10005 224200 SH DEFINED 0108 224200
ACE LIMITED COM G0070K103 26775 600000 SH DEFINED 0126 600000
ACE LIMITED COM G0070K103 15619 350000 SH DEFINED 0106 350000
ACE LIMITED COM G0070K103 2151 48200 SH DEFINED 011619 48200
ACE LIMITED COM G0070K103 9594 215000 SH DEFINED 011614 215000
ACE LIMITED COM G0070K103 22 500 SH DEFINED 0102 500
ACE LIMITED COM G0070K103 5230 117200 SH DEFINED 0131 117200
ACE LIMITED COM G0070K103 281 6300 SH DEFINED 0103 6300
AMWY ASIA COM G0352M108 38648 1158000 SH DEFINED 011516 1158000
COMCAST UK CABLE PRT COM G22984101 3472 275000 SH DEFINED 0135 275000
CREDICORP COM G2519Y108 6300 350000 SH DEFINED 0135 350000
EXEL LTD COM G3242A102 27600 400000 SH DEFINED 0130 400000
EXEL LTD COM G3242A102 6900 100000 SH DEFINED 0108 100000
EXEL LTD COM G3242A102 1587 23000 SH DEFINED 011620 23000
EXEL LTD COM G3242A102 14 200 SH DEFINED 0102 200
EXEL LTD COM G3242A102 4809 69700 SH DEFINED 0131 69700
EXEL LTD COM G3242A102 248 3600 SH DEFINED 0103 3600
GEM STAR COM G3788V106 3750 150000 SH DEFINED 0111 150000
MIDOCEAN LTD COM G61061100 15450 400000 SH DEFINED 011516 400000
TOMMY HILFIGER COM G8915Z102 1193 26000 SH DEFINED 011620 26000
CRONUS COM L20707102 251 26770 SH DEFINED 01 26770
MILLICOM INT'L CELL COM L6388F102 21625 500000 SH DEFINED 0130 500000
MILLICOM INT'L CELL COM L6388F102 6271 145000 SH DEFINED 0132 145000
MILLICOM INT'L CELL COM L6388F102 2379 55000 SH DEFINED 011619 55000
MILLICOM INT'L CELL COM L6388F102 10813 250000 SH DEFINED 011614 250000
HOME CENTER COM M53070104 650 100000 SH DEFINED 011619 100000
THE BAAN CO COM N08044104 2881 50000 SH DEFINED 0108 50000
THE BAAN CO COM N08044104 2265 39300 SH DEFINED 011619 39300
THE BAAN CO COM N08044104 9929 172300 SH DEFINED 011614 172300
THE BAAN CO COM N08044104 23 400 SH DEFINED 0102 400
THE BAAN CO COM N08044104 5157 89500 SH DEFINED 0131 89500
THE BAAN CO COM N08044104 294 5100 SH DEFINED 0103 5100
ELSAY BAILEY PROCS A COM N2925S101 6863 300000 SH DEFINED 0106 300000
ELSAY BAILEY PROCS A COM N2925S101 22875 1000000 SH DEFINED 011516 1000000
ELSAY BAILEY PROCS A COM N2925S101 5597 244676 SH DEFINED 01 244676
TRIPLE P NV COM N88795104 4500 400000 SH DEFINED 0135 400000
PANAMERICAN BEV COM P74823108 2019 50000 SH DEFINED 011619 50000
PANAMERICAN BEV COM P74823108 10893 269800 SH DEFINED 011614 269800
SUN INTL COM P8797T133 8100 225000 SH DEFINED 0130 225000
SUN INTL COM P8797T133 4939 137200 SH DEFINED 0135 137200
SUN INTL COM P8797T133 680 18900 SH DEFINED 011619 18900
SUN INTL COM P8797T133 2880 80000 SH DEFINED 011614 80000
SUN INTL COM P8797T133 22 600 SH DEFINED 0102 600
SUN INTL COM P8797T133 5220 145000 SH DEFINED 0131 145000
SUN INTL COM P8797T133 292 8100 SH DEFINED 0103 8100
TEEKAY SHIPPING COM V89564104 6531 250000 SH DEFINED 0135 250000
ADC TELECOM COM 000886101 5175 150000 SH DEFINED 0108 150000
ADC TELECOM COM 000886101 34500 1000000 SH DEFINED 0126 1000000
ADC TELECOM COM 000886101 20700 600000 SH DEFINED 0111 600000
ADC TELECOM COM 000886101 2760 80000 SH DEFINED 011622 80000
<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
ADC TELECOM COM 000886101 6210 180000 SH DEFINED 011623 180000
ADC TELECOM COM 000886101 10350 300000 SH DEFINED 011618 300000
ADC TELECOM COM 000886101 29123 844200 SH DEFINED 0102 844200
ADC TELECOM COM 000886101 766 22200 SH DEFINED 0103 22200
ADT LTD COM 000915306 2291 130000 SH DEFINED 011619 130000
ADT LTD COM 000915306 10134 575000 SH DEFINED 011614 575000
AGCO CORP COM 001084102 1110 46000 SH DEFINED 011620 46000
AMC ENTERTAINMENT IN COM 001669100 13 550 SH DEFINED 0102 550
AMC ENTERTAINMENT IN COM 001669100 4212 173700 SH DEFINED 0131 173700
AMC ENTERTAINMENT IN COM 001669100 228 9400 SH DEFINED 0103 9400
AMLI COM 001735109 7547 375000 SH DEFINED 0113 375000
AMR CORP DEL COM 001765106 62650 700000 SH DEFINED 0126 700000
AMR CORP DEL COM 001765106 65700 734030 SH DEFINED 0102 734030
AMR CORP DEL COM 001765106 1094 12218 SH DEFINED 0103 12218
AMR CORP DEL COM 001765106 7336 81964 SH DEFINED 01 81964
ARCO CHEMICAL CO COM 001920107 29828 575000 SH DEFINED 0113 575000
ARCO CHEMICAL CO COM 001920107 11023 212500 SH DEFINED 0131 212500
ARCO CHEMICAL CO COM 001920107 457 8800 SH DEFINED 0103 8800
AT&T CORP COM 001957109 24500 400000 SH DEFINED 0130 400000
AT&T CORP COM 001957109 42875 700000 SH DEFINED 0126 700000
AT&T CORP COM 001957109 9188 150000 SH DEFINED 0132 150000
AT&T CORP COM 001957109 56852 928200 SH DEFINED 0124 928200
AT&T CORP COM 001957109 18020 294200 SH DEFINED 0125 294200
AT&T CORP COM 001957109 24500 400000 SH DEFINED 011618 400000
AT&T CORP COM 001957109 1899 31000 SH DEFINED 011620 31000
AT&T CORP COM 001957109 29433 480470 SH DEFINED 0102 480470
AT&T CORP COM 001957109 15751 257147 SH DEFINED 0103 257147
AT&T CORP COM 001957109 1838 30000 SH DEFINED 01 30000
AVX COM 002444107 10938 500000 SH DEFINED 0111 500000
AVX COM 002444107 1415 64700 SH DEFINED 011622 64700
AVX COM 002444107 3524 161100 SH DEFINED 011623 161100
AAMES FINANCIAL CORP COM 00253A101 6300 175000 SH DEFINED 0106 175000
AAMES FINANCIAL CORP COM 00253A101 1584 44000 SH DEFINED 01 44000
ABBOTT LABS COM 002824100 13937 342000 SH DEFINED 011516 342000
ABBOTT LABS COM 002824100 0 1 SH DEFINED 0102 1
ABBOTT LABS COM 002824100 3382 82985 SH DEFINED 0103 82985
ACCUSTAFF COM 004401105 22725 900000 SH DEFINED 0106 900000
ADIDAS ADS 144A COM 00687P104 2179 60000 SH DEFINED 011619 60000
ADIDAS ADS 144A COM 00687P104 9441 260000 SH DEFINED 011614 260000
ADIDAS ADS 144A COM 00687P104 1783 49100 SH DEFINED 0131 49100
ADVANCED MICRO DEV COM 007903107 237 13744 SH DEFINED 0103 13744
ADV LTD PT TRUST INV COM 007923998 14500 13397408 SH DEFINED 01 13397408
ADVANTA B COM 007942204 7245 152500 SH DEFINED 0102 152500
ADVANTA B COM 007942204 138 2900 SH DEFINED 0103 2900
AETNA LIFE & CAS COM 008140105 249 3300 SH DEFINED 0102 3300
AETNA LIFE & CAS COM 008140105 911 12061 SH DEFINED 0103 12061
AFFILIATED COMPUTER COM 008190100 3533 85000 SH DEFINED 011614 85000
AFL/CIO UNITS OF COM 008270993 499 460 SH DEFINED 0102 460
AHMANSON HF & CO COM 008677106 299 12324 SH DEFINED 0103 12324
AIR PROD & CHEM COM 009158106 3217 58900 SH DEFINED 0124 58900
<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
AIR PROD & CHEM COM 009158106 49 900 SH DEFINED 0125 900
AIR PROD & CHEM COM 009158106 859 15740 SH DEFINED 0102 15740
AIR PROD & CHEM COM 009158106 21850 400000 SH DEFINED 0131 400000
AIR PROD & CHEM COM 009158106 1570 28739 SH DEFINED 0103 28739
AIR PROD & CHEM COM 009158106 4097 75000 SH DEFINED 01 75000
AIRGAS INC COM 009363102 10383 261200 SH DEFINED 0102 261200
AIRGAS INC COM 009363102 306 7700 SH DEFINED 0103 7700
AIRTOUCH COMMUN COM 00949T100 15594 501000 SH DEFINED 0130 501000
AIRTOUCH COMMUN COM 00949T100 10116 325000 SH DEFINED 0108 325000
AIRTOUCH COMMUN COM 00949T100 43575 1400000 SH DEFINED 0126 1400000
AIRTOUCH COMMUN COM 00949T100 28013 900000 SH DEFINED 0111 900000
AIRTOUCH COMMUN COM 00949T100 12450 400000 SH DEFINED 0132 400000
AIRTOUCH COMMUN COM 00949T100 27636 887900 SH DEFINED 0124 887900
AIRTOUCH COMMUN COM 00949T100 6981 224300 SH DEFINED 0125 224300
AIRTOUCH COMMUN COM 00949T100 4140 133000 SH DEFINED 011622 133000
AIRTOUCH COMMUN COM 00949T100 9026 290000 SH DEFINED 011623 290000
AIRTOUCH COMMUN COM 00949T100 23344 750000 SH DEFINED 011618 750000
AIRTOUCH COMMUN COM 00949T100 1214 39000 SH DEFINED 011620 39000
AIRTOUCH COMMUN COM 00949T100 205008 6586588 SH DEFINED 0102 6586588
AIRTOUCH COMMUN COM 00949T100 4869 156420 SH DEFINED 0103 156420
AIRTOUCH COMMUN COM 00949T100 3113 100000 SH DEFINED 01 100000
AJL PEPS/TRUST CVT CONV PFD STOCK 009710104 5785 260000 SH DEFINED 0135 260000
AJL PEPS/TRUST CVT CONV PFD STOCK 009710104 23140 1040000 SH DEFINED 011516 1040000
ALAMO GROUP INC COM 011311107 3933 220000 SH DEFINED 0128 220000
ALBANY INTL CORP NEW COM 012348108 1589 79441 SH DEFINED 0102 79441
ALBERTO CULVER COM 013068101 112 2919 SH DEFINED 0103 2919
ALBERTSONS INC COM 013104104 12066 325000 SH DEFINED 0108 325000
ALBERTSONS INC COM 013104104 40838 1100000 SH DEFINED 0126 1100000
ALBERTSONS INC COM 013104104 598 16100 SH DEFINED 0125 16100
ALBERTSONS INC COM 013104104 1485 40000 SH DEFINED 011620 40000
ALBERTSONS INC COM 013104104 57303 1543525 SH DEFINED 0102 1543525
ALBERTSONS INC COM 013104104 1324 35692 SH DEFINED 0103 35692
ALCAN ALUMINIUM LTD COM 013716105 55 1700 SH DEFINED 0125 1700
ALCAN ALUMINIUM LTD COM 013716105 97 3000 SH DEFINED 0102 3000
ALCAN ALUMINIUM LTD COM 013716105 765 23710 SH DEFINED 0103 23710
ALCO STANDARD COM 013788104 86006 1650000 SH DEFINED 0126 1650000
ALCO STANDARD COM 013788104 39094 750000 SH DEFINED 0111 750000
ALCO STANDARD COM 013788104 7298 140000 SH DEFINED 011622 140000
ALCO STANDARD COM 013788104 15638 300000 SH DEFINED 011623 300000
ALCO STANDARD COM 013788104 15638 300000 SH DEFINED 011618 300000
ALCO STANDARD COM 013788104 2346 45000 SH DEFINED 011619 45000
ALCO STANDARD COM 013788104 2533 48600 SH DEFINED 011620 48600
ALCO STANDARD COM 013788104 10425 200000 SH DEFINED 011614 200000
ALCO STANDARD COM 013788104 195625 3752995 SH DEFINED 0102 3752995
ALCO STANDARD COM 013788104 12161 233300 SH DEFINED 0131 233300
ALCO STANDARD COM 013788104 3062 58768 SH DEFINED 0103 58768
ALCO STANDARD COM 013788104 15969 306368 SH DEFINED 01 306368
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 30006 315850 SH DEFINED 0130 315850
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 16193 170450 SH DEFINED 0107 170450
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 12279 129250 SH DEFINED 011618 129250
<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
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 1520 16000 SH DEFINED 011620 16000
ALCO STANDARD 6.50 CONV PFD STOCK 013788708 19 200 SH DEFINED 0102 200
ALEXNDR & ALEX SERV COM 014476105 88 4656 SH DEFINED 0103 4656
ALLERGAN INC COM 018490102 250 6772 SH DEFINED 0103 6772
ALLIED GROUP INC COM 019220102 9143 230000 SH DEFINED 0128 230000
ALLIED SIGNAL INC COM 019512102 1750 29600 SH DEFINED 0124 29600
ALLIED SIGNAL INC COM 019512102 148 2500 SH DEFINED 0125 2500
ALLIED SIGNAL INC COM 019512102 20694 350000 SH DEFINED 011618 350000
ALLIED SIGNAL INC COM 019512102 18227 308190 SH DEFINED 0102 308190
ALLIED SIGNAL INC COM 019512102 1796 30385 SH DEFINED 0103 30385
ALLIED SIGNAL INC COM 019512102 6208 105000 SH DEFINED 01 105000
ALLSTATE CORP COM 020002101 137 3260 SH DEFINED 0102 3260
ALLSTATE CORP COM 020002101 1979 46989 SH DEFINED 0103 46989
ALLTEL CORP COM 020039103 616 19875 SH DEFINED 0103 19875
ALLTEL 7.75 $100 PAR PREFERRED STOCK 0200392*3 2732 27046 SH DEFINED 0105 27046
ALTERA CORP COM 021441100 67 1200 SH DEFINED 0102 1200
ALUMAX INC COM 022197107 5306 150000 SH DEFINED 0135 150000
ALUMINUM CO AMERICA COM 022249106 9243 147600 SH DEFINED 0108 147600
ALUMINUM CO AMERICA COM 022249106 68888 1100000 SH DEFINED 0126 1100000
ALUMINUM CO AMERICA COM 022249106 10333 165000 SH DEFINED 0107 165000
ALUMINUM CO AMERICA COM 022249106 2536 40500 SH DEFINED 011620 40500
ALUMINUM CO AMERICA COM 022249106 166751 2662748 SH DEFINED 0102 2662748
ALUMINUM CO AMERICA COM 022249106 2465 39359 SH DEFINED 0103 39359
ALUMINUM CO AMERICA COM 022249106 12037 192200 SH DEFINED 01 192200
ALZA COM 022615108 12300 400000 SH DEFINED 0130 400000
ALZA COM 022615108 18450 600000 SH DEFINED 0126 600000
ALZA COM 022615108 1107 36000 SH DEFINED 0124 36000
ALZA COM 022615108 932 30300 SH DEFINED 0125 30300
ALZA COM 022615108 21525 700000 SH DEFINED 011516 700000
ALZA COM 022615108 1999 65000 SH DEFINED 011619 65000
ALZA COM 022615108 8856 288000 SH DEFINED 011614 288000
ALZA COM 022615108 11346 369000 SH DEFINED 0102 369000
ALZA COM 022615108 4877 158600 SH DEFINED 0131 158600
ALZA COM 022615108 1013 32964 SH DEFINED 0103 32964
AMERADA HESS COM 023551104 8421 153100 SH DEFINED 0124 153100
AMERADA HESS COM 023551104 3548 64500 SH DEFINED 0125 64500
AMERADA HESS COM 023551104 446 8100 SH DEFINED 0102 8100
AMERADA HESS COM 023551104 1071 19469 SH DEFINED 0103 19469
AMERICA ON-LINE COM 02364J104 1680 30000 SH DEFINED 011619 30000
AMERICA ON-LINE COM 02364J104 8400 150000 SH DEFINED 011614 150000
AMERICA ON-LINE COM 02364J104 4241 75700 SH DEFINED 0102 75700
AMERICA ON-LINE COM 02364J104 8697 155300 SH DEFINED 0131 155300
AMERICA ON-LINE COM 02364J104 605 10800 SH DEFINED 0103 10800
AMDAHL CORP COM 023905102 106 12493 SH DEFINED 0103 12493
AMERICAN BRANDS INC. COM 024703100 280 6600 SH DEFINED 0102 6600
AMERICAN BRANDS INC. COM 024703100 807 19054 SH DEFINED 0103 19054
AMER COMM SVS WTS COM 02520B110 863 15000 SH DEFINED 0109 15000
AMER COMM SVS WTS COM 02520B110 345 6000 SH DEFINED 011621 6000
AMERICAN ELEC PWR COM 025537101 817 19562 SH DEFINED 0103 19562
AMERICAN ELEC PWR COM 025537101 4384 105000 SH DEFINED 01 105000
<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 EXPLORATION COM 025762808 0 4 SH DEFINED 0102 4
AMERICAN EXPRESS COM 025816109 497376 10073434 SH DEFINED 0103 10073434
AMER GENERAL CORP COM 026351106 25875 750000 SH DEFINED 0113 750000
AMER GENERAL CORP COM 026351106 9660 280000 SH DEFINED 0107 280000
AMER GENERAL CORP COM 026351106 141 4100 SH DEFINED 0102 4100
AMER GENERAL CORP COM 026351106 18975 550000 SH DEFINED 0131 550000
AMER GENERAL CORP COM 026351106 1536 44504 SH DEFINED 0103 44504
AMER GENERAL CORP COM 026351106 9614 278670 SH DEFINED 01 278670
AM GREETINGS CL A COM 026375105 216 7831 SH DEFINED 0103 7831
AMER HOME PRODUCTS COM 026609107 32513 300000 SH DEFINED 0130 300000
AMER HOME PRODUCTS COM 026609107 35222 325000 SH DEFINED 0113 325000
AMER HOME PRODUCTS COM 026609107 37335 344500 SH DEFINED 0124 344500
AMER HOME PRODUCTS COM 026609107 8594 79300 SH DEFINED 0125 79300
AMER HOME PRODUCTS COM 026609107 16256 150000 SH DEFINED 0107 150000
AMER HOME PRODUCTS COM 026609107 31971 295000 SH DEFINED 011618 295000
AMER HOME PRODUCTS COM 026609107 3414 31500 SH DEFINED 011620 31500
AMER HOME PRODUCTS COM 026609107 23006 212267 SH DEFINED 0102 212267
AMER HOME PRODUCTS COM 026609107 6744 62233 SH DEFINED 0103 62233
AMERICAN HOME STAR COM 026651109 1352 68000 SH DEFINED 011619 68000
AMERICAN INTL GROUP COM 026874107 28088 300000 SH DEFINED 0130 300000
AMERICAN INTL GROUP COM 026874107 131075 1400000 SH DEFINED 0126 1400000
AMERICAN INTL GROUP COM 026874107 1667 17800 SH DEFINED 011620 17800
AMERICAN INTL GROUP COM 026874107 87724 936997 SH DEFINED 0102 936997
AMERICAN INTL GROUP COM 026874107 5193 55467 SH DEFINED 0103 55467
AMERICAN INTL GROUP COM 026874107 8332 89000 SH DEFINED 01 89000
AMERICAN MANAGEMENT COM 027352103 2805 110000 SH DEFINED 011619 110000
AMERICAN MANAGEMENT COM 027352103 13770 540000 SH DEFINED 011614 540000
AMERICAN MANAGEMENT COM 027352103 17097 670500 SH DEFINED 0102 670500
AMERICAN MANAGEMENT COM 027352103 478 18750 SH DEFINED 0103 18750
AMERICAN ONCOLOGY COM 028910107 6375 150000 SH DEFINED 0106 150000
AMER PWR CONVERSION COM 029066107 10000 1000000 SH DEFINED 011618 1000000
AMERICAN RADIO COM 029161106 2025 60000 SH DEFINED 011619 60000
AMERICAN RE COM 029163102 15260 381500 SH DEFINED 0106 381500
AMERICAN RE COM 029163102 12000 300000 SH DEFINED 011516 300000
AMERICAN RE COM 029163102 24 600 SH DEFINED 0102 600
AMERICAN RE COM 029163102 5760 144000 SH DEFINED 0131 144000
AMERICAN RE COM 029163102 356 8900 SH DEFINED 0103 8900
AMERICAN RE COM 029163102 7726 193139 SH DEFINED 01 193139
AMERICAN STD CO COM 029712106 24863 850000 SH DEFINED 0130 850000
AMERICAN STD CO COM 029712106 11700 400000 SH DEFINED 011618 400000
AMERICAN STD CO COM 029712106 6476 221405 SH DEFINED 01 221405
AMERICAN STORES CO COM 030096101 507 15364 SH DEFINED 0103 15364
AMERICAN TELECASTING COM 030151104 4278 290000 SH DEFINED 011516 290000
AMERICAN TELECAST WT WARRANT 030151112 447 85225 SH DEFINED 0109 85225
AMERITECH NZ A $100 PREFERRED STOCK 03070V209 3191 30000 SH DEFINED 01 30000
AMERISOURCE COM 03071P102 13 400 SH DEFINED 0102 400
AMERISOURCE COM 03071P102 3445 104400 SH DEFINED 0131 104400
AMERISOURCE COM 03071P102 218 6600 SH DEFINED 0103 6600
AMERITECH CORP COM 030954101 19075 350000 SH DEFINED 0132 350000
AMERITECH CORP COM 030954101 283 5200 SH DEFINED 0102 5200
<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
AMERITECH CORP COM 030954101 3169 58153 SH DEFINED 0103 58153
AMGEN INC COM 031162100 29063 500000 SH DEFINED 0130 500000
AMGEN INC COM 031162100 139500 2400000 SH DEFINED 0126 2400000
AMGEN INC COM 031162100 29063 500000 SH DEFINED 0111 500000
AMGEN INC COM 031162100 10910 187700 SH DEFINED 0124 187700
AMGEN INC COM 031162100 1918 33000 SH DEFINED 0125 33000
AMGEN INC COM 031162100 3488 60000 SH DEFINED 011622 60000
AMGEN INC COM 031162100 6975 120000 SH DEFINED 011623 120000
AMGEN INC COM 031162100 17438 300000 SH DEFINED 011618 300000
AMGEN INC COM 031162100 1337 23000 SH DEFINED 011620 23000
AMGEN INC COM 031162100 9881 170000 SH DEFINED 011614 170000
AMGEN INC COM 031162100 144367 2483680 SH DEFINED 0102 2483680
AMGEN INC COM 031162100 13067 224800 SH DEFINED 0131 224800
AMGEN INC COM 031162100 3792 65226 SH DEFINED 0103 65226
AMGEN INC COM 031162100 15660 269415 SH DEFINED 01 269415
AMP COM 031897101 39306 950000 SH DEFINED 0126 950000
AMP COM 031897101 21681 524000 SH DEFINED 0124 524000
AMP COM 031897101 5250 126900 SH DEFINED 0125 126900
AMP COM 031897101 2069 50000 SH DEFINED 0107 50000
AMP COM 031897101 50684 1225000 SH DEFINED 011516 1225000
AMP COM 031897101 21706 524600 SH DEFINED 0102 524600
AMP COM 031897101 2526 61047 SH DEFINED 0103 61047
SBH AMP ELKS CONV PFD STOCK 031897994 13549 325000 SH DEFINED 0107 325000
AMOCO CORP COM 031905102 9031 125000 SH DEFINED 0130 125000
AMOCO CORP COM 031905102 21675 300000 SH DEFINED 0126 300000
AMOCO CORP COM 031905102 32513 450000 SH DEFINED 0113 450000
AMOCO CORP COM 031905102 11921 165000 SH DEFINED 0107 165000
AMOCO CORP COM 031905102 36125 500000 SH DEFINED 011618 500000
AMOCO CORP COM 031905102 1590 22000 SH DEFINED 011620 22000
AMOCO CORP COM 031905102 109345 1513434 SH DEFINED 0102 1513434
AMOCO CORP COM 031905102 23481 325000 SH DEFINED 0131 325000
AMOCO CORP COM 031905102 5365 74258 SH DEFINED 0103 74258
AMRESCO COM 031909104 4388 300000 SH DEFINED 011516 300000
AMWAY JAPAN ADR COM 03234J100 12438 500000 SH DEFINED 011516 500000
ANDINA ADR COM 033700998 0 1 SH DEFINED 0102 1
ANDREW CORP COM 034425108 4378 114450 SH DEFINED 0108 114450
ANDREW CORP COM 034425108 7650 200000 SH DEFINED 0126 200000
ANDREW CORP COM 034425108 45900 1200000 SH DEFINED 0111 1200000
ANDREW CORP COM 034425108 8033 210000 SH DEFINED 0132 210000
ANDREW CORP COM 034425108 1090 28500 SH DEFINED 0124 28500
ANDREW CORP COM 034425108 1182 30900 SH DEFINED 0125 30900
ANDREW CORP COM 034425108 5439 142200 SH DEFINED 011622 142200
ANDREW CORP COM 034425108 11664 304950 SH DEFINED 011623 304950
ANDREW CORP COM 034425108 2295 60000 SH DEFINED 011619 60000
ANDREW CORP COM 034425108 9754 255000 SH DEFINED 011614 255000
ANDREW CORP COM 034425108 2477 64750 SH DEFINED 0102 64750
ANDREW CORP COM 034425108 579 15154 SH DEFINED 0103 15154
ANHEUSER BUSCH CO COM 035229103 20213 300000 SH DEFINED 0130 300000
ANHEUSER BUSCH CO COM 035229103 6064 90000 SH DEFINED 0108 90000
ANHEUSER BUSCH CO COM 035229103 35372 525000 SH DEFINED 0113 525000
<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
ANHEUSER BUSCH CO COM 035229103 26681 396000 SH DEFINED 0124 396000
ANHEUSER BUSCH CO COM 035229103 7175 106500 SH DEFINED 0125 106500
ANHEUSER BUSCH CO COM 035229103 14486 215000 SH DEFINED 0107 215000
ANHEUSER BUSCH CO COM 035229103 26950 400000 SH DEFINED 011618 400000
ANHEUSER BUSCH CO COM 035229103 6161 91400 SH DEFINED 0102 91400
ANHEUSER BUSCH CO COM 035229103 25266 375000 SH DEFINED 0131 375000
ANHEUSER BUSCH CO COM 035229103 4918 73000 SH DEFINED 0103 73000
ANIXTER INTL INC COM 035290105 7052 417900 SH DEFINED 011516 417900
AON CORP COM 037389103 577 11135 SH DEFINED 0102 11135
AON CORP COM 037389103 2588 50000 SH DEFINED 01 50000
APOLLO GROUP INC -C COM 037604105 19500 500000 SH DEFINED 0111 500000
APPALACHIAN PWR $100 PREFERRED STOCK 037735834 3172 30000 SH DEFINED 0105 30000
APPALACHIAN PWR $100 PREFERRED STOCK 037735842 968 10000 SH DEFINED 0105 10000
APPLE COMPUTER COM 037833100 184219 7500000 SH DEFINED 011516 7500000
APPLE COMPUTER COM 037833100 319 12990 SH DEFINED 0103 12990
APPLEBEES INTL INC COM 037899101 8745 349700 SH DEFINED 0102 349700
APPLEBEES INTL INC COM 037899101 5558 222300 SH DEFINED 0131 222300
APPLEBEES INTL INC COM 037899101 576 23000 SH DEFINED 0103 23000
APRIA HEALTHCARE GRO COM 037933108 7144 225000 SH DEFINED 011516 225000
APRIA HEALTHCARE GRO COM 037933108 2159 68000 SH DEFINED 011619 68000
APRIA HEALTHCARE GRO COM 037933108 9525 300000 SH DEFINED 011614 300000
APPLIED MATERIALS COM 038222105 6975 200000 SH DEFINED 0130 200000
APPLIED MATERIALS COM 038222105 20925 600000 SH DEFINED 0126 600000
APPLIED MATERIALS COM 038222105 20925 600000 SH DEFINED 0111 600000
APPLIED MATERIALS COM 038222105 3400 97500 SH DEFINED 0124 97500
APPLIED MATERIALS COM 038222105 973 27900 SH DEFINED 0125 27900
APPLIED MATERIALS COM 038222105 3411 97800 SH DEFINED 011622 97800
APPLIED MATERIALS COM 038222105 7589 217600 SH DEFINED 011623 217600
APPLIED MATERIALS COM 038222105 33524 961270 SH DEFINED 0102 961270
APPLIED MATERIALS COM 038222105 877 25126 SH DEFINED 0103 25126
APPLIED MATERIALS COM 038222105 3662 105000 SH DEFINED 01 105000
ARBOUR HEALTH CARE COM 03876L108 7950 300000 SH DEFINED 011516 300000
ARBOR DRUGS INC COM 038760104 10500 500000 SH DEFINED 011516 500000
ARCHER DANIELS MDLND COM 039483102 1004 54658 SH DEFINED 0103 54658
ARGYL TELEVISION COM 039914106 2393 110000 SH DEFINED 011619 110000
ARIZONA PUB SER V PREFERRED STOCK 040555799 800 7500 SH DEFINED 0105 7500
ARIZONA PUB SER V PREFERRED STOCK 040555799 3199 30000 SH DEFINED 01 30000
ARIZONA PUB SVC $100 PREFERRED STOCK 040555815 13296 120400 SH DEFINED 0105 120400
ARIZONA PUB SVC CO PREFERRED STOCK 040555831 3429 38100 SH DEFINED 01 38100
ARMCO INC COM 042170100 213 39545 SH DEFINED 0103 39545
ARMSTRONG WORLD IND COM 042476101 240 3865 SH DEFINED 0103 3865
ARNOLD INDUSTRIES IN COM 042595108 20475 1300000 SH DEFINED 011516 1300000
ARROW INTERNATIONAL COM 042764100 10048 241400 SH DEFINED 0102 241400
ARROW INTERNATIONAL COM 042764100 4970 119400 SH DEFINED 0131 119400
ARROW INTERNATIONAL COM 042764100 620 14900 SH DEFINED 0103 14900
ASARCO INC COM 043413103 156 4467 SH DEFINED 0103 4467
ASCEND COMM COM 043491109 2548 47300 SH DEFINED 011619 47300
ASCEND COMM COM 043491109 11244 208700 SH DEFINED 011614 208700
ASCEND COMM COM 043491109 27687 513900 SH DEFINED 0102 513900
ASCEND COMM COM 043491109 18253 338800 SH DEFINED 0131 338800
<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
ASCEND COMM COM 043491109 1907 35400 SH DEFINED 0103 35400
ASHANTI GOLD 144A COM 043743103 1601 65000 SH DEFINED 0127 65000
ASHANTI GOLD 144A COM 043743103 2192 89000 SH DEFINED 0135 89000
ASHLAND INC COM 044204105 257 6695 SH DEFINED 0103 6695
ATLANTIC RICHFIELD COM 048825103 26775 225000 SH DEFINED 0113 225000
ATLANTIC RICHFIELD COM 048825103 512 4300 SH DEFINED 0102 4300
ATLANTIC RICHFIELD COM 048825103 22015 185000 SH DEFINED 0131 185000
ATLANTIC RICHFIELD COM 048825103 2937 24684 SH DEFINED 0103 24684
ATL RICHFIELD PFD CONV PFD STOCK 048825137 6325 220000 SH DEFINED 0107 220000
AUTO DESK COM 052769106 184 4865 SH DEFINED 0103 4865
AUTOMATIC DATA PROC. COM 053015103 1201 30489 SH DEFINED 0103 30489
AUTOZONE COM 053332102 0 1 SH DEFINED 0102 1
AVALON COM 053469102 6450 300000 SH DEFINED 0113 300000
AVALON COM 053469102 5375 250000 SH DEFINED 0132 250000
AVERY DENNISON CORP COM 053611109 301 5580 SH DEFINED 0103 5580
AVON PRODUCTS COM 054303102 14149 165000 SH DEFINED 0107 165000
AVON PRODUCTS COM 054303102 2015 23500 SH DEFINED 011620 23500
AVON PRODUCTS COM 054303102 611 7123 SH DEFINED 0103 7123
AVON PRODUCTS COM 054303102 6689 78000 SH DEFINED 01 78000
BCE INC COM 05534B109 8844 250000 SH DEFINED 0132 250000
BCE INC COM 05534B109 233 6600 SH DEFINED 0102 6600
BI INC COM 055467203 1843 220000 SH DEFINED 011619 220000
BTG INC COM 05576J101 1234 125000 SH DEFINED 011619 125000
BABY SUPERSTORE CONV BOND 056180AA0 10200 10000000 PRN DEFINED 0130 10000000
BAKER HUGHES COM 057224107 1258 43000 SH DEFINED 011620 43000
BAKER HUGHES COM 057224107 438 14959 SH DEFINED 0103 14959
BALL CORP COM 058498106 98 3175 SH DEFINED 0103 3175
BALLY ENTERTAINMENT COM 05873C106 85 4951 SH DEFINED 0103 4951
BALTIMORE GAS & ELEC COM 059165100 25 900 SH DEFINED 0102 900
BALTIMORE GAS & ELEC COM 059165100 428 15486 SH DEFINED 0103 15486
BANC ONE CORP COM 059438101 26719 750000 SH DEFINED 0113 750000
BANC ONE CORP COM 059438101 6047 169730 SH DEFINED 0124 169730
BANC ONE CORP COM 059438101 2353 66060 SH DEFINED 0125 66060
BANC ONE CORP COM 059438101 9975 280000 SH DEFINED 0107 280000
BANC ONE CORP COM 059438101 666 18700 SH DEFINED 011620 18700
BANC ONE CORP COM 059438101 21375 600000 SH DEFINED 0131 600000
BANC ONE CORP COM 059438101 2590 72680 SH DEFINED 0103 72680
BANCO DE A EDWARDS COM 059504100 4935 235000 SH DEFINED 0135 235000
BANCO DE GALICIA CVT CONV BOND 059538AD0 5300 5000000 PRN DEFINED 0135 5000000
BANCO DE GALICIA COM 059538207 4800 200000 SH DEFINED 0135 200000
BAN NAC DEMEX 144A CONV BOND 059617AA8 6628 7500000 PRN DEFINED 0130 7500000
BAN NAC DEMEX 144A CONV BOND 059617AA8 4419 5000000 PRN DEFINED 0135 5000000
BANCO OSORNO Y LA COM 059631101 1240 80000 SH DEFINED 0135 80000
BANK OF BOSTON COM 060716107 89 1800 SH DEFINED 0102 1800
BANK OF BOSTON COM 060716107 584 11778 SH DEFINED 0103 11778
BANK OF NEW YORK COM 064057102 4862 94400 SH DEFINED 0124 94400
BANK OF NEW YORK COM 064057102 2364 45900 SH DEFINED 0125 45900
BANK OF NEW YORK COM 064057102 341 6600 SH DEFINED 0102 6600
BANK OF NEW YORK COM 064057102 1416 27499 SH DEFINED 0103 27499
BANK AMERICA CORP COM 066050105 23250 300000 SH DEFINED 0113 300000
<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
BANK AMERICA CORP COM 066050105 1008 13000 SH DEFINED 011620 13000
BANK AMERICA CORP COM 066050105 495 6390 SH DEFINED 0102 6390
BANK AMERICA CORP COM 066050105 20538 265000 SH DEFINED 0131 265000
BANK AMERICA CORP COM 066050105 3940 50844 SH DEFINED 0103 50844
BANK AMERICA CORP COM 066050105 3798 49000 SH DEFINED 01 49000
BANKERS TRUST NY COM 066365107 63433 895000 SH DEFINED 011516 895000
BANKERS TRUST NY COM 066365107 369 5200 SH DEFINED 0102 5200
BANKERS TRUST NY COM 066365107 585 8259 SH DEFINED 0103 8259
C R BARD INC COM 067383109 213 5980 SH DEFINED 0103 5980
BARNES & NOBLE COM 067774109 1182 34000 SH DEFINED 011620 34000
BARRICK GOLD INC COM 067901108 5468 180000 SH DEFINED 0127 180000
BARRICK GOLD INC COM 067901108 1127 37096 SH DEFINED 0103 37096
BARNETT BKS INC COM 068055102 24900 400000 SH DEFINED 0130 400000
BARNETT BKS INC COM 068055102 28013 450000 SH DEFINED 0113 450000
BARNETT BKS INC COM 068055102 4544 73000 SH DEFINED 0124 73000
BARNETT BKS INC COM 068055102 2098 33700 SH DEFINED 0125 33700
BARNETT BKS INC COM 068055102 16808 270000 SH DEFINED 011618 270000
BARNETT BKS INC COM 068055102 287 4600 SH DEFINED 0102 4600
BARNETT BKS INC COM 068055102 975 15659 SH DEFINED 0103 15659
BARNETT COM 068062108 2800 200000 SH DEFINED 011516 200000
BARRETT RESOURCES CO COM 068480201 2000 80000 SH DEFINED 011619 80000
BASSETT FURN IND. COM 070203104 878 33781 SH DEFINED 0102 33781
BAUSCH & LOMB COM 071707103 222 6012 SH DEFINED 0103 6012
BAXTER INTL INC COM 071813109 36200 800000 SH DEFINED 0113 800000
BAXTER INTL INC COM 071813109 729 16100 SH DEFINED 0124 16100
BAXTER INTL INC COM 071813109 22625 500000 SH DEFINED 011516 500000
BAXTER INTL INC COM 071813109 24888 550000 SH DEFINED 0131 550000
BAXTER INTL INC COM 071813109 2376 52502 SH DEFINED 0103 52502
BAY APARTMENT COM 072012107 4825 200000 SH DEFINED 011618 200000
BAY NETWORKS INC COM 072510100 669 21750 SH DEFINED 011620 21750
BAY NETWORKS INC COM 072510100 596 19370 SH DEFINED 0103 19370
BEACON OFFICE PROP COM 073678104 3429 130000 SH DEFINED 0107 130000
BS-ARROW ELECTRONICS CONV PFD STOCK 07383PAH9 15249 330000 SH DEFINED 0107 330000
BECKMAN INSTRUMENTS COM 075816108 8775 225000 SH DEFINED 0108 225000
BECKMAN INSTRUMENTS COM 075816108 4875 125000 SH DEFINED 0128 125000
BECKMAN INSTRUMENTS COM 075816108 11578 296850 SH DEFINED 0102 296850
BECKMAN INSTRUMENTS COM 075816108 8268 212000 SH DEFINED 0131 212000
BECKMAN INSTRUMENTS COM 075816108 571 14650 SH DEFINED 0103 14650
BECKMAN INSTRUMENTS COM 075816108 780 20000 SH DEFINED 01 20000
BECTON DICKINSON COM 075887109 1187 14500 SH DEFINED 0124 14500
BECTON DICKINSON COM 075887109 550 6718 SH DEFINED 0103 6718
BELDEN INC COM 077459105 5900 200000 SH DEFINED 0128 200000
BELL ATLANTIC COM 077853109 32419 525000 SH DEFINED 0113 525000
BELL ATLANTIC COM 077853109 377 6100 SH DEFINED 0102 6100
BELL ATLANTIC COM 077853109 18525 300000 SH DEFINED 0131 300000
BELL ATLANTIC COM 077853109 3638 58914 SH DEFINED 0103 58914
BELL SOUTH COM 079860102 29600 800000 SH DEFINED 0130 800000
BELL SOUTH COM 079860102 29600 800000 SH DEFINED 0113 800000
BELL SOUTH COM 079860102 14800 400000 SH DEFINED 0132 400000
BELL SOUTH COM 079860102 14430 390000 SH DEFINED 0107 390000
<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
BELL SOUTH COM 079860102 66983 1810170 SH DEFINED 0102 1810170
BELL SOUTH COM 079860102 4231 114352 SH DEFINED 0103 114352
BELL SOUTH COM 079860102 8530 230530 SH DEFINED 01 230530
A.H BELO SER A COM 080555105 29740 874700 SH DEFINED 0102 874700
A.H BELO SER A COM 080555105 833 24500 SH DEFINED 0103 24500
BEMIS CO. COM 081437105 991 31600 SH DEFINED 0125 31600
BEMIS CO. COM 081437105 245 7800 SH DEFINED 0102 7800
BEMIS CO. COM 081437105 469 14945 SH DEFINED 0103 14945
BENEFICIAL CORP COM 081721102 179 3100 SH DEFINED 0102 3100
BENEFICIAL CORP COM 081721102 385 6674 SH DEFINED 0103 6674
BERG ELECTRONICS COM 08372L106 7050 300000 SH DEFINED 011614 300000
BERG ELECTRONICS HLD COM 083726109 1945 370400 SH DEFINED 0109 370400
BEST PRODUCTS COM 086553104 211 88924 SH DEFINED 0103 88924
BETHLEHEM STEEL COM 087509105 155 11827 SH DEFINED 0103 11827
BETZ LABORATORIES COM 087779104 2325 50000 SH DEFINED 0108 50000
BETZ LABORATORIES COM 087779104 18600 400000 SH DEFINED 0131 400000
BETZ LABORATORIES COM 087779104 791 17000 SH DEFINED 0103 17000
BEVERLY ENTERPRISES COM 087851101 114 10330 SH DEFINED 0103 10330
BIOCHEM PHARMA INC COM 09058T108 1968 48000 SH DEFINED 011619 48000
BIOCHEM PHARMA INC COM 09058T108 8200 200000 SH DEFINED 011614 200000
BIOMET COM 090613100 4900 350000 SH DEFINED 0108 350000
BIOMET COM 090613100 8301 592900 SH DEFINED 0124 592900
BIOMET COM 090613100 1315 93900 SH DEFINED 0125 93900
BIOMET COM 090613100 18046 1289000 SH DEFINED 0102 1289000
BIOMET COM 090613100 556 39734 SH DEFINED 0103 39734
BIOVAIL CORP INTERNA COM 09067K106 5703 201000 SH DEFINED 0135 201000
BIRMINGHAM STEEL COR COM 091250100 14750 1000000 SH DEFINED 0111 1000000
BIRMINGHAM STEEL COR COM 091250100 2224 150800 SH DEFINED 011622 150800
BIRMINGHAM STEEL COR COM 091250100 4686 317700 SH DEFINED 011623 317700
BIRMINGHAM STEEL COR COM 091250100 54 3600 SH DEFINED 0102 3600
BLACK & DECKER COM 091797100 26513 700000 SH DEFINED 011618 700000
BLACK & DECKER COM 091797100 342 9028 SH DEFINED 0103 9028
BLOCK H&R INC COM 093671105 28900 800000 SH DEFINED 0130 800000
BLOCK H&R INC COM 093671105 1615 44700 SH DEFINED 0124 44700
BLOCK H&R INC COM 093671105 596 16500 SH DEFINED 0125 16500
BLOCK H&R INC COM 093671105 202 5600 SH DEFINED 0102 5600
BLOCK H&R INC COM 093671105 603 16700 SH DEFINED 0103 16700
BOATMEN'S BANCSHARES COM 096650106 648 16507 SH DEFINED 0103 16507
BOEING COM 097023105 25988 300000 SH DEFINED 0130 300000
BOEING COM 097023105 10828 125000 SH DEFINED 0108 125000
BOEING COM 097023105 155925 1800000 SH DEFINED 0126 1800000
BOEING COM 097023105 29453 340000 SH DEFINED 0124 340000
BOEING COM 097023105 17325 200000 SH DEFINED 011516 200000
BOEING COM 097023105 13860 160000 SH DEFINED 011618 160000
BOEING COM 097023105 3552 41000 SH DEFINED 011620 41000
BOEING COM 097023105 92683 1069921 SH DEFINED 0102 1069921
BOEING COM 097023105 3446 39778 SH DEFINED 0103 39778
BOEING COM 097023105 15246 176000 SH DEFINED 01 176000
BOISE CASCADE COM 097383103 212 5056 SH DEFINED 0103 5056
BOISE CASCADE 21.125 CONV PFD STOCK 097383863 52475 1521000 SH DEFINED 01 1521000
<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
BOSTON CHICKENPUT/00 CONV BOND 100578AB9 14119 45000000 PRN DEFINED 0106 45000000
BOSTON CHICKENPUT/00 CONV BOND 100578AB9 6275 20000000 PRN DEFINED 011614 20000000
BOSTON CHICKEN COM 100578103 6813 200000 SH DEFINED 0108 200000
BOSTON CHICKEN COM 100578103 20438 600000 SH DEFINED 0126 600000
BOSTON CHICKEN COM 100578103 2044 60000 SH DEFINED 011619 60000
BOSTON CHICKEN COM 100578103 1328 39000 SH DEFINED 011620 39000
BOSTON CHICKEN COM 100578103 5109 150000 SH DEFINED 011614 150000
BOSTON CHICKEN COM 100578103 16487 484000 SH DEFINED 0102 484000
BOSTON CHICKEN COM 100578103 9718 285300 SH DEFINED 0131 285300
BOSTON CHICKEN COM 100578103 885 26000 SH DEFINED 0103 26000
BOSTON CHICKEN COM 100578103 1345 39500 SH DEFINED 01 39500
BOSTON SCIENTIFIC COM 101137107 55200 1200000 SH DEFINED 0126 1200000
BOSTON SCIENTIFIC COM 101137107 6900 150000 SH DEFINED 0128 150000
BOSTON SCIENTIFIC COM 101137107 55200 1200000 SH DEFINED 0111 1200000
BOSTON SCIENTIFIC COM 101137107 7714 167700 SH DEFINED 0124 167700
BOSTON SCIENTIFIC COM 101137107 1398 30400 SH DEFINED 0125 30400
BOSTON SCIENTIFIC COM 101137107 5520 120000 SH DEFINED 011622 120000
BOSTON SCIENTIFIC COM 101137107 11960 260000 SH DEFINED 011623 260000
BOSTON SCIENTIFIC COM 101137107 1840 40000 SH DEFINED 011619 40000
BOSTON SCIENTIFIC COM 101137107 9200 200000 SH DEFINED 011614 200000
BOSTON SCIENTIFIC COM 101137107 50460 1096929 SH DEFINED 0102 1096929
BOSTON SCIENTIFIC COM 101137107 24615 535100 SH DEFINED 0131 535100
BOSTON SCIENTIFIC COM 101137107 4124 89650 SH DEFINED 0103 89650
BOSTON SCIENTIFIC COM 101137107 4600 100000 SH DEFINED 01 100000
BRIGGS & STRATTON COM 109043109 131 3041 SH DEFINED 0103 3041
BRINKER INT'L INC COM 109641100 4188 250000 SH DEFINED 0128 250000
BRINKER INT'L INC COM 109641100 13400 800000 SH DEFINED 011516 800000
BRISTOL MYERS SQUIBB COM 110122108 11559 135000 SH DEFINED 0107 135000
BRISTOL MYERS SQUIBB COM 110122108 863 10080 SH DEFINED 0102 10080
BRISTOL MYERS SQUIBB COM 110122108 4536 52975 SH DEFINED 0103 52975
BRITISH AWYS PLC ADR COM 110419306 32800 400000 SH DEFINED 0126 400000
BRITISH PETRO ADR COM 110889409 10094 95000 SH DEFINED 0107 95000
BROADWAY & SEYMOUR I COM 111433108 1598 137500 SH DEFINED 011619 137500
BROADWAY & SEYMOUR I COM 111433108 4388 377500 SH DEFINED 011614 377500
BROCK INTL INC. COM 111635108 1046 135000 SH DEFINED 011619 135000
BROOKLYN UNION GAS COM 114259104 67 2500 SH DEFINED 0102 2500
BROWN FORMAN CL B COM 115637209 291 7248 SH DEFINED 0103 7248
BROWN GROUP INC COM 115657108 26 1901 SH DEFINED 0103 1901
BROWNING FERRIS IND COM 115885105 20305 644600 SH DEFINED 011516 644600
BROWNING FERRIS IND COM 115885105 173 5500 SH DEFINED 0102 5500
BROWNING FERRIS IND COM 115885105 703 22320 SH DEFINED 0103 22320
BROWNING FERRIS35.62 CONV PFD STOCK 115885600 13568 405000 SH DEFINED 0107 405000
BROWNING FERRIS35.62 CONV PFD STOCK 115885600 7538 225000 SH DEFINED 011516 225000
BRUNSWICK CORP COM 117043109 232 10067 SH DEFINED 0103 10067
BOMBAY SUBURBAN ELEC COM 117764100 3301 200000 SH DEFINED 0132 200000
BOMBAY SUBURBAN ELEC COM 117764100 3301 200000 SH DEFINED 0135 200000
BUCKEYE PARTNERS LP COM 118230101 286 7400 SH DEFINED 0102 7400
BUFETE ADS COM 11942H100 4988 300000 SH DEFINED 0135 300000
BUFETE ADS COM 11942H100 831 50000 SH DEFINED 011619 50000
BUFETE ADS COM 11942H100 3824 230000 SH DEFINED 011614 230000
<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
BUFFETS INC COM 119882108 5700 400000 SH DEFINED 0128 400000
BURLINGTON N SANTA COM 12189T104 460 5600 SH DEFINED 0124 5600
BURLINGTON N SANTA COM 12189T104 329 4000 SH DEFINED 0125 4000
BURLINGTON N SANTA COM 12189T104 184 2250 SH DEFINED 0102 2250
BURLINGTON N SANTA COM 12189T104 1223 14894 SH DEFINED 0103 14894
BURLINGTON RESOURCES COM 122014103 493 13285 SH DEFINED 0103 13285
CAI WIRELESS COM 12476P104 1513 200000 SH DEFINED 011516 200000
CBI INDUSTRIES 100 PREFERRED STOCK 124800301 5067 50000 SH DEFINED 0105 50000
CBL & ASSOCIATES COM 124830100 8450 400000 SH DEFINED 0113 400000
CBL & ASSOCIATES COM 124830100 423 20000 SH DEFINED 0103 20000
C-CUBE MICROSYSTEMS COM 125015107 79 1500 SH DEFINED 0102 1500
CIGNA CORP COM 125509109 911 7974 SH DEFINED 0103 7974
CKE RESTAURANTS INC. COM 12561E105 3306 197366 SH DEFINED 0103 197366
CMS ENERGY CORP COM 125896100 13275 450000 SH DEFINED 0132 450000
CMS ENERGY CORP COM 125896100 11800 400000 SH DEFINED 011618 400000
CMS ENERGY CORP COM 125896100 1357 46000 SH DEFINED 011620 46000
CMS ENERGY CORP COM 125896100 1490 50450 SH DEFINED 0102 50450
CMS ENERGY CORP COM 125896100 4248 144000 SH DEFINED 01 144000
CMS ENERGY CLASS G COM 125896209 3827 201400 SH DEFINED 0132 201400
CNS INC COM 126136100 1791 72000 SH DEFINED 011619 72000
CNS INC COM 126136100 5970 240000 SH DEFINED 011614 240000
CNS INC COM 126136100 659 26500 SH DEFINED 0102 26500
CNS INC COM 126136100 973 39100 SH DEFINED 0131 39100
CNS INC COM 126136100 124 5000 SH DEFINED 0103 5000
CPC INTL COM 126149103 1062 15302 SH DEFINED 0103 15302
CSG SYSTEMS COM 126349109 1164 50600 SH DEFINED 0111 50600
CSX CORP COM 126408103 82 1810 SH DEFINED 0102 1810
CSX CORP COM 126408103 1008 22098 SH DEFINED 0103 22098
CUC INT'L INC COM 126545102 20475 700000 SH DEFINED 0126 700000
CUC INT'L INC COM 126545102 8717 298000 SH DEFINED 0124 298000
CUC INT'L INC COM 126545102 2097 71700 SH DEFINED 0125 71700
CUC INT'L INC COM 126545102 29250 1000000 SH DEFINED 011618 1000000
CUC INT'L INC COM 126545102 9756 333450 SH DEFINED 0102 333450
CUC INT'L INC COM 126545102 1334 45596 SH DEFINED 0103 45596
CABLEVISION SYS 144A PREFERRED STOCK 12686C604 10000 100000 SH DEFINED 0104 100000
CABLEVISION SYS 144A PREFERRED STOCK 12686C604 28500 285000 SH DEFINED 0109 285000
CABLEVISION SYS 144A PREFERRED STOCK 12686C604 500 5000 SH DEFINED 011620 5000
CABLETRON SYSTEMS COM 126920107 502 7577 SH DEFINED 0103 7577
CALFED INC COM 128026101 2342 131000 SH DEFINED 011619 131000
CALFED INC COM 128026101 10099 565000 SH DEFINED 011614 565000
CALIBER SYSTEM INC COM 129894101 176 4105 SH DEFINED 0103 4105
CALI REALTY CORP COM 129909107 3356 150000 SH DEFINED 0107 150000
CALIFORNIA ENERGY COM 130190101 13313 500000 SH DEFINED 011618 500000
CAMCO COM 132632100 2835 90000 SH DEFINED 011619 90000
CAMDEN PROPERTY TRST CONV BOND 133131AA0 2899 3000000 PRN DEFINED 0104 3000000
CAMECO PARTLY PAID COM 13321L207 11941 442250 SH DEFINED 0130 442250
CAMERON ASHLEY BLDG COM 133290106 2188 250000 SH DEFINED 0128 250000
CAMPBELL RES UNITS COM 134422104 739 500000 SH DEFINED 0127 500000
CAMPBELL SOUP COM 134429109 1592 26157 SH DEFINED 0103 26157
CANADIAN NT RAILWAY COM 136375201 6329 366900 SH DEFINED 0130 366900
<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
CAPEX GDR COM 139612105 5852 400000 SH DEFINED 0135 400000
CAPITAL ONE FINL COR COM 14040H105 42 1528 SH DEFINED 0102 1528
CAPITAL ONE FINL COR COM 14040H105 7512 273169 SH DEFINED 0103 273169
CARDINAL HEALTH COM 14149Y108 14456 225000 SH DEFINED 0106 225000
CARDINAL HEALTH COM 14149Y108 14456 225000 SH DEFINED 011618 225000
CARDINAL HEALTH COM 14149Y108 2570 40000 SH DEFINED 011619 40000
CARDINAL HEALTH COM 14149Y108 10280 160000 SH DEFINED 011614 160000
CARDINAL HEALTH COM 14149Y108 26 400 SH DEFINED 0102 400
CARDINAL HEALTH COM 14149Y108 8725 135800 SH DEFINED 0131 135800
CARDINAL HEALTH COM 14149Y108 482 7500 SH DEFINED 0103 7500
CARDINAL HEALTH COM 14149Y108 2088 32500 SH DEFINED 01 32500
CAREER HORIZONS CONV BOND 141672AB1 18263 10000000 PRN DEFINED 0106 10000000
CAREER HORIZON COM 141672105 1726 58000 SH DEFINED 01 58000
CAREMARK INT'L INC COM 141704106 13819 550000 SH DEFINED 0106 550000
CAREMARK INT'L INC COM 141704106 10050 400000 SH DEFINED 011516 400000
CAREMARK INT'L INC COM 141704106 463 18427 SH DEFINED 0102 18427
CARMIKE CINEMAS INC COM 143436103 5460 240000 SH DEFINED 0128 240000
CARMIKE CINEMAS INC COM 143436103 13 550 SH DEFINED 0102 550
CARMIKE CINEMAS INC COM 143436103 3592 157900 SH DEFINED 0131 157900
CARMIKE CINEMAS INC COM 143436103 193 8500 SH DEFINED 0103 8500
CARNIVAL CORP COM 143658102 13750 500000 SH DEFINED 011516 500000
CAROLINA POWER & LT COM 144141108 11175 300000 SH DEFINED 0132 300000
CAROLINA POWER & LT COM 144141108 602 16156 SH DEFINED 0103 16156
CASCADE COMM COM 147184105 2019 22500 SH DEFINED 011619 22500
CASCADE COMM COM 147184105 10097 112500 SH DEFINED 011614 112500
CASCADE COMM COM 147184105 27114 302100 SH DEFINED 0102 302100
CASCADE COMM COM 147184105 13180 146850 SH DEFINED 0131 146850
CASCADE COMM COM 147184105 1535 17100 SH DEFINED 0103 17100
CASE CORP COM 14743R103 30525 600000 SH DEFINED 0126 600000
CASE CORP COM 14743R103 8903 175000 SH DEFINED 011614 175000
CASE CORP COM 14743R103 12786 251271 SH DEFINED 0102 251271
CASE CORP COM 14743R103 7479 147000 SH DEFINED 0131 147000
CASE CORP COM 14743R103 982 19304 SH DEFINED 0103 19304
CASE CORP COM 14743R103 3765 74000 SH DEFINED 01 74000
CATERPILLAR INC COM 149123101 15300 225000 SH DEFINED 0130 225000
CATERPILLAR INC COM 149123101 27200 400000 SH DEFINED 0111 400000
CATERPILLAR INC COM 149123101 13403 197100 SH DEFINED 0124 197100
CATERPILLAR INC COM 149123101 755 11100 SH DEFINED 0125 11100
CATERPILLAR INC COM 149123101 5440 80000 SH DEFINED 011622 80000
CATERPILLAR INC COM 149123101 12240 180000 SH DEFINED 011623 180000
CATERPILLAR INC COM 149123101 1020 15000 SH DEFINED 011620 15000
CATERPILLAR INC COM 149123101 37446 550610 SH DEFINED 0102 550610
CATERPILLAR INC COM 149123101 2049 30138 SH DEFINED 0103 30138
CATERPILLAR INC COM 149123101 12433 182835 SH DEFINED 01 182835
CELCARIBE 144A COM 150898104 528 528450 SH DEFINED 0104 528450
CELCARIBE 144A COM 150898104 1195 1195110 SH DEFINED 0109 1195110
CELCARIBE 144A COM 150898104 276 276420 SH DEFINED 011621 276420
CEMEX 144A CONV BOND 151290AK9 22688 25000000 PRN DEFINED 011516 25000000
CENTEX CORPORATION COM 152312104 92 2979 SH DEFINED 0103 2979
CENTOCOR INC COM 152342101 4401 121800 SH DEFINED 0102 121800
<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
CENTOCOR INC COM 152342101 7225 200000 SH DEFINED 0131 200000
CENTOCOR INC COM 152342101 141 3900 SH DEFINED 0103 3900
CENTRAL & S W COM 152357109 9719 341000 SH DEFINED 0132 341000
CENTRAL & S W COM 152357109 123 4300 SH DEFINED 0102 4300
CENTRAL & S W COM 152357109 618 21696 SH DEFINED 0103 21696
CENTRAL PUERTO ADS COM 155038102 7088 450000 SH DEFINED 0130 450000
CENTRAL VT PUB SRV COM 155771108 5896 393073 SH DEFINED 0103 393073
CENTURY ALUMINUM COM 156431108 4796 352000 SH DEFINED 0135 352000
CENTURY TELEPHONE EN COM 156686107 6668 210000 SH DEFINED 0128 210000
CENTURY TELEPHONE EN COM 156686107 10055 316700 SH DEFINED 0132 316700
CENTURY TELEPHONE EN COM 156686107 6350 200000 SH DEFINED 011618 200000
CENTURY TELEPHONE EN COM 156686107 1746 55000 SH DEFINED 011619 55000
CENTURY TELEPHONE EN COM 156686107 7938 250000 SH DEFINED 011614 250000
CENTURY TELEPHONE EN COM 156686107 414 13021 SH DEFINED 0102 13021
CERIDIAN CORP COM 15677T106 7525 175000 SH DEFINED 0108 175000
CERIDIAN CORP COM 15677T106 76540 1780000 SH DEFINED 0126 1780000
CERIDIAN CORP COM 15677T106 17 400 SH DEFINED 0102 400
CERIDIAN CORP COM 15677T106 7551 175600 SH DEFINED 0131 175600
CERIDIAN CORP COM 15677T106 711 16538 SH DEFINED 0103 16538
CERIDIAN CORP $50 CONV PFD STOCK 15677T403 26538 275000 SH DEFINED 0130 275000
CERNER CORP COM 156782104 6975 300000 SH DEFINED 011516 300000
CHAMPION INTL COM 158525105 204 4500 SH DEFINED 0125 4500
CHAMPION INTL COM 158525105 49775 1100000 SH DEFINED 011516 1100000
CHAMPION INTL COM 158525105 459 10138 SH DEFINED 0103 10138
CHARTER ONE FINL INC COM 160903100 24 700 SH DEFINED 0102 700
CHARTER ONE FINL INC COM 160903100 4968 147200 SH DEFINED 0131 147200
CHARTER ONE FINL INC COM 160903100 280 8300 SH DEFINED 0103 8300
CHARMING SHOPPES COM 161133103 56 10850 SH DEFINED 0103 10850
CHASE MANHATTAN CORP COM 161610100 22 300 SH DEFINED 0102 300
CHASE MANHATTAN CORP COM 161610100 1381 18789 SH DEFINED 0103 18789
CHASE MANHATTAN CORP WARRANT 161610126 8 205 SH DEFINED 0102 205
CHECKFREE COM 162812101 17500 1000000 SH DEFINED 011516 1000000
CHECKFREE COM 162812101 775 44300 SH DEFINED 011620 44300
CHECKFREE COM 162812101 6725 384300 SH DEFINED 0102 384300
CHECKFREE COM 162812101 4440 253700 SH DEFINED 0131 253700
CHECKFREE COM 162812101 490 28000 SH DEFINED 0103 28000
CHEMED CORP COM 163596109 160 4300 SH DEFINED 0102 4300
CHEMICAL BKG CORP COM 163722101 1850 26248 SH DEFINED 0103 26248
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 11225 200000 SH DEFINED 0107 200000
CHEVRON CORP COM 166751107 443 7900 SH DEFINED 0102 7900
CHEVRON CORP COM 166751107 3843 68480 SH DEFINED 0103 68480
CHICAGO MINIATU LAMP COM 167781103 2925 90000 SH DEFINED 011619 90000
CHIRON COM 170040109 29 300 SH DEFINED 0102 300
CHIRON COM 170040109 5512 56100 SH DEFINED 0131 56100
CHIRON COM 170040109 344 3500 SH DEFINED 0103 3500
CHRYSLER COM 171196108 62250 1000000 SH DEFINED 0126 1000000
CHRYSLER COM 171196108 6225 100000 SH DEFINED 0132 100000
<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
CHRYSLER COM 171196108 18868 303100 SH DEFINED 0124 303100
CHRYSLER COM 171196108 4196 67400 SH DEFINED 0125 67400
CHRYSLER COM 171196108 13695 220000 SH DEFINED 0107 220000
CHRYSLER COM 171196108 15563 250000 SH DEFINED 011516 250000
CHRYSLER COM 171196108 47786 767635 SH DEFINED 0102 767635
CHRYSLER COM 171196108 4601 73916 SH DEFINED 0103 73916
CHRYSLER COM 171196108 6848 110000 SH DEFINED 01 110000
CHUBB CORP COM 171232101 859 9154 SH DEFINED 0103 9154
CINCINNATI BELL INC COM 171870108 22880 440000 SH DEFINED 0132 440000
CINCINNATI BELL INC COM 171870108 15600 300000 SH DEFINED 011516 300000
CINCINNATI MILACRON COM 172172108 13781 525000 SH DEFINED 0106 525000
CINCINNATI MILACRON COM 172172108 6011 229000 SH DEFINED 0124 229000
CINCINNATI MILACRON COM 172172108 1147 43700 SH DEFINED 0125 43700
CINCINNATI MILACRON COM 172172108 75558 2878238 SH DEFINED 0102 2878238
CINCINNATI MILACRON COM 172172108 1225 46694 SH DEFINED 0103 46694
CINCINNATI MILACRON COM 172172108 8644 329300 SH DEFINED 01 329300
CINERGY CORP COM 172474108 495 16511 SH DEFINED 0103 16511
CIRCUIT CITY COM 172737108 1464 49000 SH DEFINED 0124 49000
CIRCUIT CITY COM 172737108 1903 63700 SH DEFINED 0125 63700
CIRCUIT CITY COM 172737108 1990 66601 SH DEFINED 0102 66601
CIRCUIT CITY COM 172737108 766 25626 SH DEFINED 0103 25626
CISCO SYSTEMS COM 17275R102 27825 600000 SH DEFINED 0130 600000
CISCO SYSTEMS COM 17275R102 8348 180000 SH DEFINED 0108 180000
CISCO SYSTEMS COM 17275R102 278250 6000000 SH DEFINED 0126 6000000
CISCO SYSTEMS COM 17275R102 37100 800000 SH DEFINED 0111 800000
CISCO SYSTEMS COM 17275R102 17474 376800 SH DEFINED 0124 376800
CISCO SYSTEMS COM 17275R102 1438 31000 SH DEFINED 0125 31000
CISCO SYSTEMS COM 17275R102 6493 140000 SH DEFINED 011622 140000
CISCO SYSTEMS COM 17275R102 12058 260000 SH DEFINED 011623 260000
CISCO SYSTEMS COM 17275R102 5565 120000 SH DEFINED 011619 120000
CISCO SYSTEMS COM 17275R102 1855 40000 SH DEFINED 011620 40000
CISCO SYSTEMS COM 17275R102 26898 580000 SH DEFINED 011614 580000
CISCO SYSTEMS COM 17275R102 248543 5359400 SH DEFINED 0102 5359400
CISCO SYSTEMS COM 17275R102 22761 490800 SH DEFINED 0131 490800
CISCO SYSTEMS COM 17275R102 7088 152842 SH DEFINED 0103 152842
CISCO SYSTEMS COM 17275R102 19036 410470 SH DEFINED 01 410470
CIRCUS CIRCUS ENT COM 172909103 10088 300000 SH DEFINED 011516 300000
CITICORP COM 173034109 264000 3300000 SH DEFINED 0126 3300000
CITICORP COM 173034109 11128 139100 SH DEFINED 0124 139100
CITICORP COM 173034109 3216 40200 SH DEFINED 0125 40200
CITICORP COM 173034109 16000 200000 SH DEFINED 011618 200000
CITICORP COM 173034109 2384 29800 SH DEFINED 011620 29800
CITICORP COM 173034109 249658 3120661 SH DEFINED 0102 3120661
CITICORP COM 173034109 6480 80994 SH DEFINED 0103 80994
CLAYTON HOMES INC COM 184190106 11481 550000 SH DEFINED 0108 550000
CLAYTON HOMES INC COM 184190106 21583 1033900 SH DEFINED 0111 1033900
CLAYTON HOMES INC COM 184190106 20875 1000000 SH DEFINED 011618 1000000
CLAYTON HOMES INC COM 184190106 64525 3091145 SH DEFINED 0102 3091145
CLAYTON HOMES INC COM 184190106 2716 130100 SH DEFINED 0131 130100
CLAYTON HOMES INC COM 184190106 148 7100 SH DEFINED 0103 7100
<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
CLEAR CHANNEL COMMUN COM 184502102 24864 440100 SH DEFINED 0102 440100
CLEAR CHANNEL COMMUN COM 184502102 723 12800 SH DEFINED 0103 12800
CLEVELAND-CLIFFS IRN COM 185896107 5974 135000 SH DEFINED 0128 135000
CLOROX CO. COM 189054109 13453 156200 SH DEFINED 0124 156200
CLOROX CO. COM 189054109 1878 21800 SH DEFINED 0125 21800
CLOROX CO. COM 189054109 14211 165000 SH DEFINED 0107 165000
CLOROX CO. COM 189054109 12919 150000 SH DEFINED 011618 150000
CLOROX CO. COM 189054109 814 9450 SH DEFINED 0102 9450
CLOROX CO. COM 189054109 1451 16851 SH DEFINED 0103 16851
COASTAL CORP COM 190441105 5925 150000 SH DEFINED 0132 150000
COASTAL CORP COM 190441105 436 11032 SH DEFINED 0103 11032
COCA-COLA COM 191216100 132200 1600000 SH DEFINED 0126 1600000
COCA-COLA COM 191216100 41313 500000 SH DEFINED 0111 500000
COCA-COLA COM 191216100 24631 298100 SH DEFINED 0124 298100
COCA-COLA COM 191216100 7643 92500 SH DEFINED 0125 92500
COCA-COLA COM 191216100 8229 99600 SH DEFINED 011622 99600
COCA-COLA COM 191216100 16492 199600 SH DEFINED 011623 199600
COCA-COLA COM 191216100 33050 400000 SH DEFINED 011618 400000
COCA-COLA COM 191216100 1107 13400 SH DEFINED 011620 13400
COCA-COLA COM 191216100 23300 281995 SH DEFINED 0102 281995
COCA-COLA COM 191216100 12905 156192 SH DEFINED 0103 156192
FEMSA COKE COM 191241108 35580 1572600 SH DEFINED 011516 1572600
COHERENT INC COM 192479103 1870 44000 SH DEFINED 011619 44000
COHERENT INC COM 192479103 8500 200000 SH DEFINED 011614 200000
COHR INC COM 192567105 436 26800 SH DEFINED 0131 26800
COLGATE-PALMOLIVE COM 194162103 1190 15281 SH DEFINED 0103 15281
COLUMBIA GAS SYSTEM COM 197648108 27525 600000 SH DEFINED 0130 600000
COLUMBIA GAS SYSTEM COM 197648108 13763 300000 SH DEFINED 0132 300000
COLUMBIA GAS SYSTEM COM 197648108 261 5691 SH DEFINED 0103 5691
COLUMBIA HEALTHCARE COM 197677107 21512 372500 SH DEFINED 0130 372500
COLUMBIA HEALTHCARE COM 197677107 40425 700000 SH DEFINED 011618 700000
COLUMBIA HEALTHCARE COM 197677107 1559 27000 SH DEFINED 011620 27000
COLUMBIA HEALTHCARE COM 197677107 1992 34469 SH DEFINED 0102 34469
COLUMBIA HEALTHCARE COM 197677107 2699 46737 SH DEFINED 0103 46737
COLUMBIA LABORATORIE COM 197779101 1900 160000 SH DEFINED 011619 160000
COMCAST CORP CVT CONV BOND 200300AQ4 9400 10000000 PRN DEFINED 011618 10000000
COMCAST CORP CONV BOND 200300AR2 37219 75000000 PRN DEFINED 011516 75000000
COMCAST CORP CONV BOND 200300AR2 4963 10000000 PRN DEFINED 011618 10000000
COMCAST CORPORATION COM 200300101 3475 200000 SH DEFINED 011516 200000
COMCAST CORP CLA SPL COM 200300200 69 3900 SH DEFINED 0124 3900
COMCAST CORP CLA SPL COM 200300200 11 600 SH DEFINED 0125 600
COMCAST CORP CLA SPL COM 200300200 8844 500000 SH DEFINED 011618 500000
COMCAST CORP CLA SPL COM 200300200 445 25177 SH DEFINED 0103 25177
COMERICA INC COM 200340107 522 12493 SH DEFINED 0103 12493
COMMERCE ASSET CONV BOND 200509AA5 1774 1500000 PRN DEFINED 0135 1500000
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 7579 73580 SH DEFINED 0105 73580
COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 4317 41914 SH DEFINED 01 41914
COMMONWEALTH EDISON PREFERRED STOCK 2027953*9 8034 78000 SH DEFINED 0105 78000
COMMONWEALTH EDISON PREFERRED STOCK 202990925 3367 32853 SH DEFINED 01 32853
COMM&PWR IND 144A COM 20338A108 363 3500 SH DEFINED 0109 3500
<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
COMMUNITY HEALTH SYS COM 203666102 15375 375000 SH DEFINED 0106 375000
COMMUNITY HEALTH SYS COM 203666102 2050 50000 SH DEFINED 01 50000
COMMUNITY PSYCH CNTR COM 204015101 35384 4225000 SH DEFINED 011516 4225000
COMMUNITY PSYCH CNTR COM 204015101 38 4528 SH DEFINED 0103 4528
CHILE TELEPHONE CO COM 204449201 4238 50000 SH DEFINED 0135 50000
COMPAQ COMPUTER CORP COM 204493100 17961 465000 SH DEFINED 0130 465000
COMPAQ COMPUTER CORP COM 204493100 19313 500000 SH DEFINED 0111 500000
COMPAQ COMPUTER CORP COM 204493100 8582 222200 SH DEFINED 0124 222200
COMPAQ COMPUTER CORP COM 204493100 2105 54500 SH DEFINED 0125 54500
COMPAQ COMPUTER CORP COM 204493100 3863 100000 SH DEFINED 011622 100000
COMPAQ COMPUTER CORP COM 204493100 7725 200000 SH DEFINED 011623 200000
COMPAQ COMPUTER CORP COM 204493100 23175 600000 SH DEFINED 011516 600000
COMPAQ COMPUTER CORP COM 204493100 657 17000 SH DEFINED 011620 17000
COMPAQ COMPUTER CORP COM 204493100 280001 7249054 SH DEFINED 0102 7249054
COMPAQ COMPUTER CORP COM 204493100 3579 92658 SH DEFINED 0103 92658
COMPAQ COMPUTER CORP COM 204493100 23122 598600 SH DEFINED 01 598600
COMPUTER ASSOC COM 204912109 14325 200000 SH DEFINED 0130 200000
COMPUTER ASSOC COM 204912109 6446 90000 SH DEFINED 0108 90000
COMPUTER ASSOC COM 204912109 100275 1400000 SH DEFINED 0126 1400000
COMPUTER ASSOC COM 204912109 17104 238800 SH DEFINED 0124 238800
COMPUTER ASSOC COM 204912109 2890 40350 SH DEFINED 0125 40350
COMPUTER ASSOC COM 204912109 10744 150000 SH DEFINED 011622 150000
COMPUTER ASSOC COM 204912109 26752 373500 SH DEFINED 011623 373500
COMPUTER ASSOC COM 204912109 27218 380000 SH DEFINED 011618 380000
COMPUTER ASSOC COM 204912109 218473 3050324 SH DEFINED 0102 3050324
COMPUTER ASSOC COM 204912109 3624 50600 SH DEFINED 0131 50600
COMPUTER ASSOC COM 204912109 5197 72553 SH DEFINED 0103 72553
COMPUTER ASSOC COM 204912109 21437 299300 SH DEFINED 01 299300
COMPUTER SCIENCES COM 205363104 79524 1130000 SH DEFINED 0126 1130000
COMPUTER SCIENCES COM 205363104 2745 39000 SH DEFINED 011620 39000
COMPUTER SCIENCES COM 205363104 211 3000 SH DEFINED 0102 3000
COMPUTER SCIENCES COM 205363104 11830 168100 SH DEFINED 0131 168100
COMPUTER SCIENCES COM 205363104 1053 14972 SH DEFINED 0103 14972
COMPUTER SCIENCES COM 205363104 2815 40000 SH DEFINED 01 40000
CONAGRA COM 205887102 9364 230500 SH DEFINED 0130 230500
CONAGRA COM 205887102 13813 340000 SH DEFINED 0108 340000
CONAGRA COM 205887102 154375 3800000 SH DEFINED 0126 3800000
CONAGRA COM 205887102 31927 785900 SH DEFINED 0124 785900
CONAGRA COM 205887102 6675 164300 SH DEFINED 0125 164300
CONAGRA COM 205887102 599 14750 SH DEFINED 0107 14750
CONAGRA COM 205887102 26406 650000 SH DEFINED 011618 650000
CONAGRA COM 205887102 23258 572500 SH DEFINED 0102 572500
CONAGRA COM 205887102 3018 74286 SH DEFINED 0103 74286
CONAGRA COM 205887102 8846 217730 SH DEFINED 01 217730
CONCORDIA PAPER COM 206575102 798 110000 SH DEFINED 0128 110000
CONRAIL INC. COM 208368100 14325 200000 SH DEFINED 0130 200000
CONRAIL INC. COM 208368100 7163 100000 SH DEFINED 0108 100000
CONRAIL INC. COM 208368100 99770 1392895 SH DEFINED 0102 1392895
CONRAIL INC. COM 208368100 1330 18573 SH DEFINED 0103 18573
CONRAIL INC. COM 208368100 2793 39000 SH DEFINED 01 39000
<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
CONSOLIDATED EDISON COM 209111103 7969 250000 SH DEFINED 0132 250000
CONSOLIDATED EDISON COM 209111103 121 3800 SH DEFINED 0102 3800
CONSOLIDATED EDISON COM 209111103 786 24659 SH DEFINED 0103 24659
CON FREIGHTWAYS COM 209237106 117 4564 SH DEFINED 0103 4564
CONSOLIDATED NAT GAS COM 209615103 427 9807 SH DEFINED 0103 9807
CONTROL DATA SYS INC COM 21238F106 6439 325000 SH DEFINED 011516 325000
COOPER INDUSTRIES COM 216669101 211 5400 SH DEFINED 0102 5400
COOPER INDUSTRIES COM 216669101 442 11324 SH DEFINED 0103 11324
CBE-WYMAN GORDON CONV PFD STOCK 216669606 23381 1450000 SH DEFINED 0130 1450000
COOPER TIRE & RUBBER COM 216831107 226 8784 SH DEFINED 0103 8784
COORS ADOLPH COM 217016104 71 3985 SH DEFINED 0103 3985
CORAM HEALTHCARE COR COM 218103109 22613 4020000 SH DEFINED 011516 4020000
CORDIANT COM 218514107 5625 1000000 SH DEFINED 011516 1000000
CORESTATES FINANCIAL COM 218695104 237 5600 SH DEFINED 0102 5600
CORESTATES FINANCIAL COM 218695104 619 14600 SH DEFINED 0103 14600
CORNING (DEL) MIPS PREFERRED STOCK 219319209 10603 195000 SH DEFINED 0107 195000
CORNING INC COM 219350105 843 24075 SH DEFINED 0103 24075
CORPORATE EXPRESS COM 219888104 3564 108000 SH DEFINED 011619 108000
CORPORATE EXPRESS COM 219888104 16500 500000 SH DEFINED 011614 500000
CORPORATE EXPRESS COM 219888104 15127 458355 SH DEFINED 0102 458355
CORPORATE EXPRESS COM 219888104 9237 279900 SH DEFINED 0131 279900
CORPORATE EXPRESS COM 219888104 849 25700 SH DEFINED 0103 25700
COX BROADCAST COM 224044107 28 1300 SH DEFINED 0102 1300
COX BROADCAST COM 224044107 7378 337300 SH DEFINED 0131 337300
COX BROADCAST COM 224044107 420 19200 SH DEFINED 0103 19200
CRANE CO. COM 224399105 128 3167 SH DEFINED 0103 3167
CREDITT LYON CAP COM 225386101 0 1 SH DEFINED 0103 1
CRESTAR FINANCIAL CO COM 226091106 8 133 SH DEFINED 0102 133
CROMPTON & KNOWLES COM 227111101 78 5300 SH DEFINED 0102 5300
CROWN AMERICA COM 228186102 3954 518500 SH DEFINED 0113 518500
CROWN CORK & SEAL COM 228255105 29250 600000 SH DEFINED 0130 600000
CROWN CORK & SEAL COM 228255105 12431 255000 SH DEFINED 0108 255000
CROWN CORK & SEAL COM 228255105 13694 280900 SH DEFINED 0124 280900
CROWN CORK & SEAL COM 228255105 3920 80400 SH DEFINED 0125 80400
CROWN CORK & SEAL COM 228255105 14625 300000 SH DEFINED 011516 300000
CROWN CORK & SEAL COM 228255105 29250 600000 SH DEFINED 011618 600000
CROWN CORK & SEAL COM 228255105 1950 40000 SH DEFINED 011619 40000
CROWN CORK & SEAL COM 228255105 1828 37500 SH DEFINED 011620 37500
CROWN CORK & SEAL COM 228255105 8531 175000 SH DEFINED 011614 175000
CROWN CORK & SEAL COM 228255105 128967 2645357 SH DEFINED 0102 2645357
CROWN CORK & SEAL COM 228255105 2271 46617 SH DEFINED 0103 46617
CROWN CORK & SEAL COM 228255105 8970 184000 SH DEFINED 01 184000
CROWN PKG WTS WARRANT 228443115 80 10000 SH DEFINED 0109 10000
CROWN RESOURCES NEW COM 228569109 488 75000 SH DEFINED 0127 75000
CULLIGAN WATER COM 230029100 1547 47600 SH DEFINED 011619 47600
CULLIGAN WATER COM 230029100 6695 206000 SH DEFINED 011614 206000
CULLIGAN WATER COM 230029100 16632 511700 SH DEFINED 0102 511700
CULLIGAN WATER COM 230029100 6633 204100 SH DEFINED 0131 204100
CULLIGAN WATER COM 230029100 852 26200 SH DEFINED 0103 26200
CUMMINS ENGINE COM 231021106 170 4209 SH DEFINED 0103 4209
<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
CYLINK COM 232565101 5680 320000 SH DEFINED 011516 320000
CYLINK COM 232565101 888 50000 SH DEFINED 011619 50000
CYLINK COM 232565101 3994 225000 SH DEFINED 011614 225000
CYLINK COM 232565101 3356 189000 SH DEFINED 0102 189000
CYLINK COM 232565101 1775 100000 SH DEFINED 0131 100000
CYLINK COM 232565101 245 13800 SH DEFINED 0103 13800
CYPRUS AMAX MINERALS COM 232809103 275 9750 SH DEFINED 0103 9750
CYTOGEN CORP COM 232824102 813 125000 SH DEFINED 011619 125000
CYTOGEN CORP COM 232824102 3167 487300 SH DEFINED 011614 487300
CYTOTHERAPEUTICS INC COM 232923102 1059 73000 SH DEFINED 011619 73000
DQE COM 23329J104 8663 300000 SH DEFINED 0132 300000
DPL INC COM 233293109 13131 550000 SH DEFINED 0132 550000
DPL INC COM 233293109 12590 527343 SH DEFINED 0103 527343
DSC COMMUNICATIONS COM 233311109 6750 250000 SH DEFINED 011618 250000
DSC COMMUNICATIONS COM 233311109 327 12103 SH DEFINED 0103 12103
DST SYSTEMS COM 233326107 9188 300000 SH DEFINED 011516 300000
DST SYSTEMS COM 233326107 10117 330400 SH DEFINED 0102 330400
DST SYSTEMS COM 233326107 251 8200 SH DEFINED 0103 8200
DTE ENERGY COMPANY COM 233331107 512 15232 SH DEFINED 0103 15232
DAIMLER-BENZ AG ADR COM 233829308 4059 75000 SH DEFINED 0108 75000
DAIMLER-BENZ AG ADR COM 233829308 16238 300000 SH DEFINED 011516 300000
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 417 12500 SH DEFINED 0124 12500
DANA CORP COM 235811106 30 900 SH DEFINED 0102 900
DANA CORP COM 235811106 388 11647 SH DEFINED 0103 11647
DANAHER CORP COM 235851102 6290 170000 SH DEFINED 0128 170000
DANAHER CORP COM 235851102 3885 105000 SH DEFINED 01 105000
DANKA BUSINESS SYS P COM 236277109 33800 800000 SH DEFINED 0111 800000
DANKA BUSINESS SYS P COM 236277109 5704 135000 SH DEFINED 011622 135000
DANKA BUSINESS SYS P COM 236277109 12675 300000 SH DEFINED 011623 300000
DANKA BUSINESS SYS P COM 236277109 4225 100000 SH DEFINED 011619 100000
DANKA BUSINESS SYS P COM 236277109 15844 375000 SH DEFINED 011614 375000
DANKA BUSINESS SYS P COM 236277109 255 6000 SH DEFINED 0102 6000
DARDEN RESTAURANT COM 237194105 225 16648 SH DEFINED 0103 16648
DATA BROADCASTING CO COM 237596101 2019 190000 SH DEFINED 011619 190000
DATA GENERAL COM 237688106 59 4024 SH DEFINED 0103 4024
DATA I/O COM 237690102 0 1 SH DEFINED 0103 1
DATA PROCESSING RES COM 237823109 8250 300000 SH DEFINED 011516 300000
DAWSON PRODUCTS COM 239423106 1530 136000 SH DEFINED 011614 136000
DAYTON HUDSON CORP COM 239753106 31828 375000 SH DEFINED 0113 375000
DAYTON HUDSON CORP COM 239753106 4 50 SH DEFINED 0102 50
DAYTON HUDSON CORP COM 239753106 25463 300000 SH DEFINED 0131 300000
DAYTON HUDSON CORP COM 239753106 1660 19551 SH DEFINED 0103 19551
DAYTON HUDSON CORP COM 239753106 471 5550 SH DEFINED 01 5550
DEBEERS CONS MINES COM 240253302 6300 200000 SH DEFINED 0128 200000
DEAN WITTER COM 24240V101 74425 1300000 SH DEFINED 0126 1300000
DEAN WITTER COM 24240V101 2261 39500 SH DEFINED 0124 39500
DEAN WITTER COM 24240V101 968 16900 SH DEFINED 0125 16900
<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
DEAN WITTER COM 24240V101 22900 400000 SH DEFINED 011618 400000
DEAN WITTER COM 24240V101 166 2900 SH DEFINED 0102 2900
DEAN WITTER COM 24240V101 5267 92000 SH DEFINED 0131 92000
DEAN WITTER COM 24240V101 1682 29372 SH DEFINED 0103 29372
DEERE & COMPANY COM 244199105 21919 525000 SH DEFINED 0130 525000
DEERE & COMPANY COM 244199105 41750 1000000 SH DEFINED 0126 1000000
DEERE & COMPANY COM 244199105 43838 1050000 SH DEFINED 0111 1050000
DEERE & COMPANY COM 244199105 9590 229700 SH DEFINED 0124 229700
DEERE & COMPANY COM 244199105 426 10200 SH DEFINED 0125 10200
DEERE & COMPANY COM 244199105 7139 171000 SH DEFINED 011622 171000
DEERE & COMPANY COM 244199105 12275 294000 SH DEFINED 011623 294000
DEERE & COMPANY COM 244199105 31313 750000 SH DEFINED 011618 750000
DEERE & COMPANY COM 244199105 26679 638976 SH DEFINED 0102 638976
DEERE & COMPANY COM 244199105 1877 44964 SH DEFINED 0103 44964
DEERE & COMPANY COM 244199105 7265 174000 SH DEFINED 01 174000
DE RIGO SPA ADR COM 245334107 34 1200 SH DEFINED 01 1200
DEL MARVA P&L COM 247109101 1041 49000 SH DEFINED 0132 49000
DELTA AIR LINES COM 247361108 413 5372 SH DEFINED 0103 5372
DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 25153 411500 SH DEFINED 01 411500
DELUXE CORPORATION COM 248019101 2934 93500 SH DEFINED 0124 93500
DELUXE CORPORATION COM 248019101 521 16600 SH DEFINED 0125 16600
DELUXE CORPORATION COM 248019101 20519 654000 SH DEFINED 011516 654000
DELUXE CORPORATION COM 248019101 558 17800 SH DEFINED 0102 17800
DELUXE CORPORATION COM 248019101 429 13673 SH DEFINED 0103 13673
DEPARTMENT 56 COM 249509100 2188 100000 SH DEFINED 0128 100000
DEPARTMENT 56 COM 249509100 394 18000 SH DEFINED 011620 18000
DEVELOPERS DIV RLTY CONV BOND 251591AA1 3535 3500000 PRN DEFINED 0104 3500000
DEVELOPERS DIV RLTY CONV BOND 251591AA1 1515 1500000 PRN DEFINED 011621 1500000
DEVELOPERS DIV COM 251591103 8813 300000 SH DEFINED 0113 300000
DEVELOPERS DIV COM 251591103 8813 300000 SH DEFINED 0131 300000
DEVON ENERGY COM 251799102 6463 275000 SH DEFINED 0106 275000
DEVON ENERGY COM 251799102 8752 372400 SH DEFINED 0102 372400
DEVON ENERGY COM 251799102 273 11600 SH DEFINED 0103 11600
DIAGNOSTIC RETR 144A CONV BOND 252456AC2 1218 1150000 PRN DEFINED 0104 1150000
DIAL PAGE WARRANTS WARRANT 252460993 0 18902 SH DEFINED 0109 18902
DIAL CORP ARIZONA COM 252470109 276 9868 SH DEFINED 0103 9868
DIEBOLD INC. COM 253651103 3774 95250 SH DEFINED 0128 95250
DIGITAL EQUIPMENT COM 253849103 94 1700 SH DEFINED 0102 1700
DIGITAL EQUIPMENT COM 253849103 886 16075 SH DEFINED 0103 16075
DIGITAL GENERATION S COM 253921100 2513 300000 SH DEFINED 011516 300000
DILLARD DEPT CLASS A COM 254063100 411 11863 SH DEFINED 0103 11863
DISNEY WALT CO COM 254687106 19163 300000 SH DEFINED 0130 300000
DISNEY WALT CO COM 254687106 5429 85000 SH DEFINED 0108 85000
DISNEY WALT CO COM 254687106 44713 700000 SH DEFINED 0126 700000
DISNEY WALT CO COM 254687106 31938 500000 SH DEFINED 0111 500000
DISNEY WALT CO COM 254687106 7122 111500 SH DEFINED 0124 111500
DISNEY WALT CO COM 254687106 2581 40400 SH DEFINED 0125 40400
DISNEY WALT CO COM 254687106 5749 90000 SH DEFINED 011622 90000
DISNEY WALT CO COM 254687106 12775 200000 SH DEFINED 011623 200000
DISNEY WALT CO COM 254687106 12775 200000 SH DEFINED 011618 200000
<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
DISNEY WALT CO COM 254687106 940 14700 SH DEFINED 0102 14700
DISNEY WALT CO COM 254687106 4543 71119 SH DEFINED 0103 71119
DR PEPPER BOTTLING COM 25612T103 550 100000 SH DEFINED 0109 100000
DOMINION RES INC VA COM 257470104 730 18435 SH DEFINED 0103 18435
DONNELLEY (RR)&SONS COM 257867101 556 16129 SH DEFINED 0103 16129
DOVER CORP COM 260003108 113541 2481787 SH DEFINED 0103 2481787
DOW CHEMICAL COM 260543103 36922 425000 SH DEFINED 0113 425000
DOW CHEMICAL COM 260543103 13466 155000 SH DEFINED 0107 155000
DOW CHEMICAL COM 260543103 565 6500 SH DEFINED 0102 6500
DOW CHEMICAL COM 260543103 28234 325000 SH DEFINED 0131 325000
DOW CHEMICAL COM 260543103 3604 41487 SH DEFINED 0103 41487
DOW CHEMICAL COM 260543103 8340 96000 SH DEFINED 01 96000
DOW JONES & CO COM 260561105 392 10194 SH DEFINED 0103 10194
DRESSER INDUSTRIES COM 261597108 2227 73000 SH DEFINED 011619 73000
DRESSER INDUSTRIES COM 261597108 9791 321000 SH DEFINED 011614 321000
DRESSER INDUSTRIES COM 261597108 582 19071 SH DEFINED 0103 19071
DRIEFONTEIN CON ADR COM 262026503 1588 100000 SH DEFINED 0127 100000
DREYFUS MONEY MARKET COM 262904204 4 3715 SH DEFINED 01 3715
E I DUPONT COM 263534109 24900 300000 SH DEFINED 0130 300000
E I DUPONT COM 263534109 12865 155000 SH DEFINED 0107 155000
E I DUPONT COM 263534109 11925 143680 SH DEFINED 0102 143680
E I DUPONT COM 263534109 5026 60553 SH DEFINED 0103 60553
DUKE POWER COMPANY COM 264399106 10100 200000 SH DEFINED 0132 200000
DUKE POWER COMPANY COM 264399106 10353 205000 SH DEFINED 0107 205000
DUKE POWER COMPANY COM 264399106 10100 200000 SH DEFINED 011618 200000
DUKE POWER COMPANY COM 264399106 1465 29000 SH DEFINED 011620 29000
DUKE POWER COMPANY COM 264399106 1086 21513 SH DEFINED 0103 21513
DUKE POWER COMPANY COM 264399106 2273 45000 SH DEFINED 01 45000
DUKE REALTY COM 264411505 4519 150000 SH DEFINED 0132 150000
DUKE REALTY COM 264411505 3766 125000 SH DEFINED 0107 125000
DUKE REALTY COM 264411505 6628 220000 SH DEFINED 011618 220000
DUN & BRADSTREET CP COM 264830100 588 9700 SH DEFINED 0102 9700
DUN & BRADSTREET CP COM 264830100 1078 17782 SH DEFINED 0103 17782
DURACELL COM 26633L103 37219 750000 SH DEFINED 0130 750000
DURACELL COM 26633L103 69475 1400000 SH DEFINED 0126 1400000
DURACELL COM 26633L103 29775 600000 SH DEFINED 0111 600000
DURACELL COM 26633L103 3950 79600 SH DEFINED 011622 79600
DURACELL COM 26633L103 8754 176400 SH DEFINED 011623 176400
DURACELL COM 26633L103 1985 40000 SH DEFINED 011619 40000
DURACELL COM 26633L103 8684 175000 SH DEFINED 011614 175000
DURACELL COM 26633L103 47130 949877 SH DEFINED 0102 949877
DURACELL COM 26633L103 4858 97900 SH DEFINED 0131 97900
DURACELL COM 26633L103 617 12450 SH DEFINED 0103 12450
DURACELL COM 26633L103 15002 302305 SH DEFINED 01 302305
DYNATECH, CORP COM 268138104 1645 70000 SH DEFINED 011619 70000
DYNATECH, CORP COM 268138104 4700 200000 SH DEFINED 011614 200000
E G & G INC COM 268457108 113 5045 SH DEFINED 0103 5045
EMC CORPORATION COM 268648102 496 22670 SH DEFINED 0103 22670
ENSCO INTL INC COM 26874Q100 2788 100000 SH DEFINED 011619 100000
ENSCO INTL INC COM 26874Q100 11568 415000 SH DEFINED 011614 415000
<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
ENSCO INTL INC COM 26874Q100 11952 428800 SH DEFINED 0102 428800
ENSCO INTL INC COM 26874Q100 368 13200 SH DEFINED 0103 13200
EARTHGRAINS COM 270319106 359 12000 SH DEFINED 0130 12000
EARTHGRAINS COM 270319106 102 3400 SH DEFINED 0108 3400
EARTHGRAINS COM 270319106 627 21000 SH DEFINED 0113 21000
EARTHGRAINS COM 270319106 473 15840 SH DEFINED 0124 15840
EARTHGRAINS COM 270319106 448 15000 SH DEFINED 0131 15000
EARTHGRAINS COM 270319106 17 560 SH DEFINED 0103 560
EASTERN ENTERPRISES COM 27637F100 72 2032 SH DEFINED 0103 2032
EASTMAN CHEMICAL CO COM 277432100 583 8433 SH DEFINED 0103 8433
EASTMAN KODAK COM 277461109 366 5150 SH DEFINED 0102 5150
EASTMAN KODAK COM 277461109 2550 35914 SH DEFINED 0103 35914
EATON CORP COM 278058102 78 1300 SH DEFINED 0102 1300
EATON CORP COM 278058102 491 8146 SH DEFINED 0103 8146
ECHLIN INC COM 278749106 233 6425 SH DEFINED 0103 6425
ECHO BAY MINES LTD COM 278751102 179 13267 SH DEFINED 0103 13267
ECHOSTAR COMMUN CORP COM 278762109 5906 175000 SH DEFINED 0106 175000
ECHOSTAR COMMUN CORP COM 278762109 3375 100000 SH DEFINED 0109 100000
ECHOSTAR COMMUN CORP COM 278762109 1418 42000 SH DEFINED 01 42000
ECOLAB, INC. COM 278865100 7800 260000 SH DEFINED 0128 260000
ECOLAB, INC. COM 278865100 156 5200 SH DEFINED 0102 5200
ECOLAB, INC. COM 278865100 8970 299000 SH DEFINED 0131 299000
ECOLAB, INC. COM 278865100 654 21789 SH DEFINED 0103 21789
EDISON INTL COM 281020107 23975 1400000 SH DEFINED 0113 1400000
EDISON INTL COM 281020107 9419 550000 SH DEFINED 0132 550000
EDISON INTL COM 281020107 22579 1318500 SH DEFINED 0124 1318500
EDISON INTL COM 281020107 1235 72100 SH DEFINED 0125 72100
EDISON INTL COM 281020107 13700 800000 SH DEFINED 011618 800000
EDISON INTL COM 281020107 17125 1000000 SH DEFINED 0131 1000000
EDISON INTL COM 281020107 1554 90740 SH DEFINED 0103 90740
EL PASO ELECT PIK PREFERRED STOCK 283677805 3105 30000 SH DEFINED 0109 30000
ELAN CORP PLC ADR COM 284131208 1928 30000 SH DEFINED 011619 30000
ELAN CORP PLC ADR COM 284131208 7710 120000 SH DEFINED 011614 120000
ELECTRONIC ARTS INC COM 285512109 133 5020 SH DEFINED 01 5020
EMCOR Z WTS COM 29084Q134 0 3168 SH DEFINED 0103 3168
EMERSON ELECTRIC COM 291011104 24225 300000 SH DEFINED 0130 300000
EMERSON ELECTRIC COM 291011104 10094 125000 SH DEFINED 0108 125000
EMERSON ELECTRIC COM 291011104 40375 500000 SH DEFINED 0126 500000
EMERSON ELECTRIC COM 291011104 30281 375000 SH DEFINED 0113 375000
EMERSON ELECTRIC COM 291011104 30055 372200 SH DEFINED 0124 372200
EMERSON ELECTRIC COM 291011104 7905 97900 SH DEFINED 0125 97900
EMERSON ELECTRIC COM 291011104 12185 150900 SH DEFINED 0107 150900
EMERSON ELECTRIC COM 291011104 20188 250000 SH DEFINED 011516 250000
EMERSON ELECTRIC COM 291011104 36338 450000 SH DEFINED 011618 450000
EMERSON ELECTRIC COM 291011104 2503 31000 SH DEFINED 011620 31000
EMERSON ELECTRIC COM 291011104 59702 739355 SH DEFINED 0102 739355
EMERSON ELECTRIC COM 291011104 24225 300000 SH DEFINED 0131 300000
EMERSON ELECTRIC COM 291011104 5779 71570 SH DEFINED 0103 71570
EMERSON ELECTRIC COM 291011104 6460 80000 SH DEFINED 01 80000
EMMIS BROADCASTING C COM 291525103 1540 40000 SH DEFINED 011619 40000
<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
EMMIS BROADCASTING C COM 291525103 7315 190000 SH DEFINED 011614 190000
EMPIRE DISTRICT ELEC COM 291641108 8596 471010 SH DEFINED 0103 471010
EMPRESAS ICA S COM 292448107 2600 200000 SH DEFINED 0128 200000
EMPRESAS ICA S COM 292448107 6520 501500 SH DEFINED 0112 501500
EMPRESAS ICA S COM 292448107 4550 350000 SH DEFINED 0135 350000
EMPRESAS ICA S COM 292448107 1560 120000 SH DEFINED 011619 120000
EMPRESAS ICA S COM 292448107 7196 553500 SH DEFINED 011617 553500
EMPRESAS ICA S COM 292448107 6500 500000 SH DEFINED 011614 500000
ENERGY BIO 144A $50 CONV PFD STOCK 29265L201 1562 35000 SH DEFINED 011614 35000
ENERGY AFRICA GDS COM 29266E107 3582 290000 SH DEFINED 0135 290000
ENERSIS -SPON ADR COM 29274F104 5650 200000 SH DEFINED 0132 200000
ENERSIS -SPON ADR COM 29274F104 5085 180000 SH DEFINED 0135 180000
ENGELHARD CORP COM 292845104 131 5600 SH DEFINED 0102 5600
ENGELHARD CORP COM 292845104 354 15129 SH DEFINED 0103 15129
ENHANCE FINANCIAL SV COM 293310108 8539 309100 SH DEFINED 0128 309100
ENOVA CORP COM 293552105 5719 250000 SH DEFINED 0132 250000
ENOVA CORP COM 293552105 101 4400 SH DEFINED 0102 4400
ENRON GLOBAL POWER COM 29356M100 8214 319000 SH DEFINED 0107 319000
ENRON CORP COM 293561106 1844 50000 SH DEFINED 0107 50000
ENRON CORP COM 293561106 1438 39000 SH DEFINED 011620 39000
ENRON CORP COM 293561106 974 26421 SH DEFINED 0103 26421
ENRON OIL & GAS CO COM 293562104 7253 275000 SH DEFINED 0108 275000
ENRON OIL & GAS CO COM 293562104 37489 1421401 SH DEFINED 0102 1421401
ENRON OIL & GAS CO COM 293562104 12001 455000 SH DEFINED 0131 455000
ENRON OIL & GAS CO COM 293562104 1960 74300 SH DEFINED 0103 74300
ENSERCH CORP COM 293567103 117 7195 SH DEFINED 0103 7195
ENTERGY CORP COM 29364G103 670 23911 SH DEFINED 0103 23911
ENVIRODYNE IND INC COM 294037205 2545 727116 SH DEFINED 0109 727116
ENVIRODYNE IND INC COM 294037205 318 90890 SH DEFINED 011621 90890
EPIC VS LARGE CO COM 294299995 549 31250 SH DEFINED 0102 31250
EQUITABLE COMPANIES CONV BOND 29444GAE7 22600 20000000 PRN DEFINED 0130 20000000
EQUITABLE COS INC COM 29444G107 1 22 SH DEFINED 0116 22
EQUITY RESIDENTIAL COM 29476L107 17188 550000 SH DEFINED 0113 550000
EQUITY RESIDENTIAL COM 29476L107 9375 300000 SH DEFINED 011618 300000
EQUITY RESIDENTIAL COM 29476L107 688 22000 SH DEFINED 0103 22000
ERICSSON LM 'B' ADR COM 294821400 25650 1200000 SH DEFINED 0111 1200000
ERICSSON LM 'B' ADR COM 294821400 6413 300000 SH DEFINED 0132 300000
ERICSSON LM 'B' ADR COM 294821400 5344 250000 SH DEFINED 011622 250000
ERICSSON LM 'B' ADR COM 294821400 12825 600000 SH DEFINED 011623 600000
ERICSSON LM 'B' ADR COM 294821400 3206 150000 SH DEFINED 011618 150000
ERICSSON LM 'B' ADR COM 294821400 15254 713400 SH DEFINED 0102 713400
ERICSSON LM 'B' ADR COM 294821400 530 24800 SH DEFINED 0103 24800
ERICSSON LM 'B' ADR COM 294821400 6049 283000 SH DEFINED 01 283000
ERICSSON LM ADR'S COM 294821509 26719 9000000 SH DEFINED 0130 9000000
ETHAN ALLEN COM 297602104 6563 250000 SH DEFINED 0128 250000
ETHYL CORP COM 297659104 114 11800 SH DEFINED 0102 11800
EXABYTE CORP COM 300615101 5057 310000 SH DEFINED 0128 310000
EXABYTE CORP COM 300615101 7390 453000 SH DEFINED 0106 453000
EXABYTE CORP COM 300615101 2202 135000 SH DEFINED 011619 135000
EXABYTE CORP COM 300615101 9624 590000 SH DEFINED 011614 590000
<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
EXXON COM 302290101 81625 1000000 SH DEFINED 0126 1000000
EXXON COM 302290101 32650 400000 SH DEFINED 0113 400000
EXXON COM 302290101 11836 145000 SH DEFINED 0107 145000
EXXON COM 302290101 1224 15000 SH DEFINED 011620 15000
EXXON COM 302290101 23996 293995 SH DEFINED 0102 293995
EXXON COM 302290101 16325 200000 SH DEFINED 0131 200000
EXXON COM 302290101 11702 143361 SH DEFINED 0103 143361
EXXON COM 302290101 7836 96000 SH DEFINED 01 96000
EYE CARE CTR WTS'03 WARRANT 302294137 75 5000 SH DEFINED 0104 5000
EYE CARE CTR WTS'03 WARRANT 302294137 45 3000 SH DEFINED 011621 3000
F & M BANCORPORATION COM 302371109 1002 37100 SH DEFINED 0128 37100
FCFT INC COM 30241V107 21 609 SH DEFINED 0102 609
FMC CORP COM 302491303 290 3856 SH DEFINED 0103 3856
FPL GROUP INC. COM 302571104 13575 300000 SH DEFINED 0132 300000
FPL GROUP INC. COM 302571104 10181 225000 SH DEFINED 0107 225000
FPL GROUP INC. COM 302571104 18100 400000 SH DEFINED 011618 400000
FPL GROUP INC. COM 302571104 1358 30000 SH DEFINED 011620 30000
FPL GROUP INC. COM 302571104 878 19407 SH DEFINED 0103 19407
FAST COMM COM 311871107 714 60100 SH DEFINED 011619 60100
FAST COMM COM 311871107 3114 262200 SH DEFINED 011614 262200
FASTENAL CO COM 311900104 47 1200 SH DEFINED 0102 1200
FASTENAL CO COM 311900104 2545 66100 SH DEFINED 0131 66100
FASTENAL CO COM 311900104 142 3700 SH DEFINED 0103 3700
FEDERAL EXPRESS COM 313309106 416 5951 SH DEFINED 0103 5951
FED HOME LOAN MTG CP COM 313400301 5141 60300 SH DEFINED 0124 60300
FED HOME LOAN MTG CP COM 313400301 3359 39400 SH DEFINED 0125 39400
FED HOME LOAN MTG CP COM 313400301 640 7500 SH DEFINED 0102 7500
FED HOME LOAN MTG CP COM 313400301 2666 31269 SH DEFINED 0103 31269
FEDERAL NATL MTGE COM 313586109 22313 700000 SH DEFINED 011618 700000
FEDERAL NATL MTGE COM 313586109 66685 2091917 SH DEFINED 0102 2091917
FEDERAL NATL MTGE COM 313586109 4382 137470 SH DEFINED 0103 137470
FEDERAL SIGNAL CORP COM 313855108 2229 87000 SH DEFINED 011620 87000
FEDERATED DPT STORES COM 31410H101 38700 1200000 SH DEFINED 0126 1200000
FEDERATED DPT STORES COM 31410H101 9498 294500 SH DEFINED 0124 294500
FEDERATED DPT STORES COM 31410H101 2674 82900 SH DEFINED 0125 82900
FEDERATED DPT STORES COM 31410H101 22575 700000 SH DEFINED 011516 700000
FEDERATED DPT STORES COM 31410H101 24987 774851 SH DEFINED 0102 774851
FEDERATED DPT STORES COM 31410H101 2282 70769 SH DEFINED 0103 70769
FEDERATED DPT STORES COM 31410H101 10482 325000 SH DEFINED 01 325000
FELCOR HOTEL COM 314305103 6200 200000 SH DEFINED 0107 200000
FIDELITY MAGELLAN FD COM 316184100 5 52 SH DEFINED 01 52
FIFTH THIRD BANCORP COM 316773100 611 10538 SH DEFINED 0103 10538
FINOVA GROUP INC. COM 317928109 5463 100000 SH DEFINED 0106 100000
FIRST BANK SYSTEM COM 319279105 180 3000 SH DEFINED 0102 3000
FIRST BANK SYSTEM COM 319279105 915 15345 SH DEFINED 0103 15345
FIRST CHICAGO NBD COM 31945A100 33200 800000 SH DEFINED 0130 800000
FIRST CHICAGO NBD COM 31945A100 5499 132500 SH DEFINED 0124 132500
FIRST CHICAGO NBD COM 31945A100 2172 52331 SH DEFINED 0125 52331
FIRST CHICAGO NBD COM 31945A100 14525 350000 SH DEFINED 0107 350000
FIRST CHICAGO NBD COM 31945A100 2 50 SH DEFINED 011623 50
<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
FIRST CHICAGO NBD COM 31945A100 29050 700000 SH DEFINED 011516 700000
FIRST CHICAGO NBD COM 31945A100 20750 500000 SH DEFINED 011618 500000
FIRST CHICAGO NBD COM 31945A100 143980 3469522 SH DEFINED 0102 3469522
FIRST CHICAGO NBD COM 31945A100 2705 65166 SH DEFINED 0103 65166
FIRST CHI SRV 50 NBD CONV PFD STOCK 31945A407 78080 1103600 SH DEFINED 01 1103600
1ST CHICAGO NXTL NBD CONV PFD STOCK 31945A803 11172 538400 SH DEFINED 0130 538400
1ST CHICAGO NXTL NBD CONV PFD STOCK 31945A803 20750 1000000 SH DEFINED 011516 1000000
FIRST DATA CORP COM 319963104 148050 2100000 SH DEFINED 0126 2100000
FIRST DATA CORP COM 319963104 44722 634360 SH DEFINED 0111 634360
FIRST DATA CORP COM 319963104 3476 49300 SH DEFINED 0124 49300
FIRST DATA CORP COM 319963104 7066 100228 SH DEFINED 011622 100228
FIRST DATA CORP COM 319963104 15742 223294 SH DEFINED 011623 223294
FIRST DATA CORP COM 319963104 26790 380000 SH DEFINED 011618 380000
FIRST DATA CORP COM 319963104 2115 30000 SH DEFINED 011619 30000
FIRST DATA CORP COM 319963104 987 14000 SH DEFINED 011620 14000
FIRST DATA CORP COM 319963104 14755 209295 SH DEFINED 011614 209295
FIRST DATA CORP COM 319963104 33123 469866 SH DEFINED 0102 469866
FIRST DATA CORP COM 319963104 8385 118942 SH DEFINED 0131 118942
FIRST DATA CORP COM 319963104 2027 28755 SH DEFINED 0103 28755
FIRST DATA CORP COM 319963104 6486 92000 SH DEFINED 01 92000
FIRST INTERSTATE BAN COM 320548100 156 900 SH DEFINED 0102 900
FIRST INTERSTATE BAN COM 320548100 1380 7952 SH DEFINED 0103 7952
FIRST UNION CORP COM 337358105 24200 400000 SH DEFINED 0130 400000
FIRST UNION CORP COM 337358105 10588 175000 SH DEFINED 0108 175000
FIRST UNION CORP COM 337358105 30250 500000 SH DEFINED 0113 500000
FIRST UNION CORP COM 337358105 12148 200800 SH DEFINED 0124 200800
FIRST UNION CORP COM 337358105 3672 60700 SH DEFINED 0125 60700
FIRST UNION CORP COM 337358105 19965 330000 SH DEFINED 0107 330000
FIRST UNION CORP COM 337358105 605 10000 SH DEFINED 011620 10000
FIRST UNION CORP COM 337358105 24842 410630 SH DEFINED 0102 410630
FIRST UNION CORP COM 337358105 25713 425000 SH DEFINED 0131 425000
FIRST UNION CORP COM 337358105 4012 66323 SH DEFINED 0103 66323
FIRST VIRGINIA BANK COM 337477103 6056 150000 SH DEFINED 0128 150000
FIRSTMISS GOLD INC COM 33761W109 12375 450000 SH DEFINED 0130 450000
FIRSTMISS GOLD INC COM 33761W109 2750 100000 SH DEFINED 0127 100000
FISERV INC COM 337738108 32200 1150000 SH DEFINED 011516 1150000
FISHER SCIENTIFIC IN COM 338032105 11475 300000 SH DEFINED 011516 300000
FLEET FINANCIAL GRP COM 338915101 235 5800 SH DEFINED 0102 5800
FLEET FINANCIAL GRP COM 338915101 1130 27891 SH DEFINED 0103 27891
FLEETWOOD ENTERPRISE COM 339099103 120 4831 SH DEFINED 0103 4831
FLETCHER CHAL FOREST COM 339101982 561 422849 SH DEFINED 0112 422849
FLETCHER CHAL FOREST COM 339101982 614 462988 SH DEFINED 011617 462988
FLEMING CO COM 339130106 108 7600 SH DEFINED 0102 7600
FLEMING CO COM 339130106 56 3948 SH DEFINED 0103 3948
FLORIDA PROGRESS COM 341109106 1194 35000 SH DEFINED 01 35000
FLUOR CORP COM 343861100 12626 185000 SH DEFINED 0108 185000
FLUOR CORP COM 343861100 68250 1000000 SH DEFINED 0126 1000000
FLUOR CORP COM 343861100 34125 500000 SH DEFINED 0111 500000
FLUOR CORP COM 343861100 1474 21600 SH DEFINED 0124 21600
FLUOR CORP COM 343861100 328 4800 SH DEFINED 0125 4800
<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
FLUOR CORP COM 343861100 3413 50000 SH DEFINED 011622 50000
FLUOR CORP COM 343861100 6825 100000 SH DEFINED 011623 100000
FLUOR CORP COM 343861100 8873 130000 SH DEFINED 011614 130000
FLUOR CORP COM 343861100 663 9718 SH DEFINED 0102 9718
FLUOR CORP COM 343861100 5385 78900 SH DEFINED 0131 78900
FLUOR CORP COM 343861100 898 13162 SH DEFINED 0103 13162
FOOD LION INC CL A COM 344775200 20344 3500000 SH DEFINED 011516 3500000
FOODMAKER INC WARRANT 344839113 147 7000 SH DEFINED 0109 7000
FORD MOTOR COM 345370100 13750 400000 SH DEFINED 0130 400000
FORD MOTOR COM 345370100 27500 800000 SH DEFINED 0113 800000
FORD MOTOR COM 345370100 22615 657900 SH DEFINED 0124 657900
FORD MOTOR COM 345370100 7697 223900 SH DEFINED 0125 223900
FORD MOTOR COM 345370100 12375 360000 SH DEFINED 0107 360000
FORD MOTOR COM 345370100 2750 80000 SH DEFINED 011622 80000
FORD MOTOR COM 345370100 6188 180000 SH DEFINED 011623 180000
FORD MOTOR COM 345370100 30938 900000 SH DEFINED 011516 900000
FORD MOTOR COM 345370100 584 17000 SH DEFINED 011620 17000
FORD MOTOR COM 345370100 18220 529960 SH DEFINED 0102 529960
FORD MOTOR COM 345370100 18906 550000 SH DEFINED 0131 550000
FORD MOTOR COM 345370100 6338 184375 SH DEFINED 0103 184375
FORD MOTOR COM 345370100 5913 172000 SH DEFINED 01 172000
FORD MOTOR CO $50 CONV PFD STOCK 345370209 34 300 SH DEFINED 0102 300
FORE SYSTEMS COM 345449102 1931 27000 SH DEFINED 011619 27000
FORE SYSTEMS COM 345449102 9295 130000 SH DEFINED 011614 130000
FORE SYSTEMS COM 345449102 19805 277000 SH DEFINED 0102 277000
FORE SYSTEMS COM 345449102 12734 178100 SH DEFINED 0131 178100
FORE SYSTEMS COM 345449102 1258 17600 SH DEFINED 0103 17600
FOREST LABS COM 345838106 15078 309300 SH DEFINED 0130 309300
FOREST LABS COM 345838106 17063 350000 SH DEFINED 011516 350000
FOREST LABS COM 345838106 829 17000 SH DEFINED 011620 17000
FOSTER WHEELER COM 350244109 187 4210 SH DEFINED 0103 4210
FOUNDATION HEALTH CO COM 350401105 15250 400000 SH DEFINED 0106 400000
FOUNDATION HEALTH CO COM 350401105 1509 39572 SH DEFINED 01 39572
FRAMLINGTON MAGHREB COM 351689997 2097 47400 SH DEFINED 0112 47400
FRAMLINGTON MAGHREB COM 351689997 2213 50000 SH DEFINED 011617 50000
FRANKLIN CUSTODY FD COM 353496607 0 31 SH DEFINED 01 31
FREEPORT COPPER "B" COM 35671D857 31625 1000000 SH DEFINED 0130 1000000
FREEPORT COPPER "B" COM 35671D857 7116 225000 SH DEFINED 0127 225000
FREEPORT COPPER "B" COM 35671D857 15813 500000 SH DEFINED 011618 500000
FREEPORT COPPER "B" COM 35671D857 671 21205 SH DEFINED 0103 21205
FREEPORT MCMORAN RES COM 356903104 192 14100 SH DEFINED 0102 14100
FRITZ COM 358846103 6825 175000 SH DEFINED 0106 175000
FRUIT OF THE LOOM A COM 359416104 206 7970 SH DEFINED 0103 7970
FULCRUM COM 359613106 7031 187500 SH DEFINED 011516 187500
FUSION SYSTEMS COM 361129109 8838 350000 SH DEFINED 0106 350000
FUSION SYSTEMS COM 361129109 1566 62000 SH DEFINED 01 62000
GATX CORP COM 361448103 18400 400000 SH DEFINED 0113 400000
GNI GROUP COM 362022105 2125 425000 SH DEFINED 0135 425000
GTE CORP COM 362320103 21938 500000 SH DEFINED 0130 500000
GTE CORP COM 362320103 74588 1700000 SH DEFINED 0126 1700000
<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
GTE CORP COM 362320103 34003 775000 SH DEFINED 0113 775000
GTE CORP COM 362320103 20841 475000 SH DEFINED 0132 475000
GTE CORP COM 362320103 14058 320400 SH DEFINED 0124 320400
GTE CORP COM 362320103 3286 74900 SH DEFINED 0125 74900
GTE CORP COM 362320103 17989 410000 SH DEFINED 0107 410000
GTE CORP COM 362320103 26325 600000 SH DEFINED 011618 600000
GTE CORP COM 362320103 929 21200 SH DEFINED 0102 21200
GTE CORP COM 362320103 6459 147193 SH DEFINED 0103 147193
GABLE RESIDENTIAL COM 362418105 9600 400000 SH DEFINED 0113 400000
GABLE RESIDENTIAL COM 362418105 3960 165000 SH DEFINED 0107 165000
GABLE RESIDENTIAL COM 362418105 480 20000 SH DEFINED 0103 20000
GALOOB (LEWIS) TOYS COM 364091108 24317 1200850 SH DEFINED 0102 1200850
GALOOB (LEWIS) TOYS COM 364091108 3212 158600 SH DEFINED 0131 158600
GALOOB (LEWIS) TOYS COM 364091108 820 40500 SH DEFINED 0103 40500
GANDALF TECHNOLOGIES COM 364717108 1844 125000 SH DEFINED 011619 125000
GANNETT CO INC COM 364730101 35306 525000 SH DEFINED 0113 525000
GANNETT CO INC COM 364730101 33625 500000 SH DEFINED 011516 500000
GANNETT CO INC COM 364730101 121 1800 SH DEFINED 0102 1800
GANNETT CO INC COM 364730101 26900 400000 SH DEFINED 0131 400000
GANNETT CO INC COM 364730101 2066 30722 SH DEFINED 0103 30722
GAP INC., THE COM 364760108 33225 600000 SH DEFINED 0130 600000
GAP INC., THE COM 364760108 6922 125000 SH DEFINED 0108 125000
GAP INC., THE COM 364760108 14104 254700 SH DEFINED 0124 254700
GAP INC., THE COM 364760108 2857 51600 SH DEFINED 0125 51600
GAP INC., THE COM 364760108 2492 45000 SH DEFINED 011619 45000
GAP INC., THE COM 364760108 2215 40000 SH DEFINED 011620 40000
GAP INC., THE COM 364760108 11075 200000 SH DEFINED 011614 200000
GAP INC., THE COM 364760108 69197 1249590 SH DEFINED 0102 1249590
GAP INC., THE COM 364760108 2221 40105 SH DEFINED 0103 40105
GAP INC., THE COM 364760108 831 15000 SH DEFINED 01 15000
GART GROUP COM 366651107 35452 581200 SH DEFINED 0102 581200
GART GROUP COM 366651107 6917 113400 SH DEFINED 0131 113400
GART GROUP COM 366651107 1464 24000 SH DEFINED 0103 24000
GATEWAY 2000 COM 367833100 7666 275000 SH DEFINED 0106 275000
GAYLORD ENTERTAINMEN COM 367901105 13500 500000 SH DEFINED 011516 500000
GAYLORD ENTERTAINMEN COM 367901105 8123 300862 SH DEFINED 0102 300862
GAYLORD ENTERTAINMEN COM 367901105 7190 266300 SH DEFINED 0131 266300
GAYLORD ENTERTAINMEN COM 367901105 635 23500 SH DEFINED 0103 23500
GAYLORD ENTERTAINMEN COM 367901105 3105 115000 SH DEFINED 01 115000
GAYLORD CONTAINER COM 368145108 4020 437500 SH DEFINED 0109 437500
GAYLORD CONTAIN WTS WARRANT 368145116 4922 562500 SH DEFINED 0109 562500
GENENTECH SPEC COM COM 368710307 52625 1000000 SH DEFINED 011516 1000000
GENENTECH SPEC COM COM 368710307 13317 253075 SH DEFINED 0102 253075
GENERAL CABLE PLC COM 36930Q101 6063 435000 SH DEFINED 0130 435000
GENERAL DYNAMICS COM 369550108 387 6614 SH DEFINED 0103 6614
GENERAL ELECTRIC COM 369604103 40884 525000 SH DEFINED 0130 525000
GENERAL ELECTRIC COM 369604103 202475 2600000 SH DEFINED 0126 2600000
GENERAL ELECTRIC COM 369604103 38938 500000 SH DEFINED 0113 500000
GENERAL ELECTRIC COM 369604103 29476 378500 SH DEFINED 0124 378500
GENERAL ELECTRIC COM 369604103 8364 107400 SH DEFINED 0125 107400
<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
GENERAL ELECTRIC COM 369604103 16354 210000 SH DEFINED 0107 210000
GENERAL ELECTRIC COM 369604103 62300 800000 SH DEFINED 011618 800000
GENERAL ELECTRIC COM 369604103 311485 3999815 SH DEFINED 0102 3999815
GENERAL ELECTRIC COM 369604103 27256 350000 SH DEFINED 0131 350000
GENERAL ELECTRIC COM 369604103 18880 242462 SH DEFINED 0103 242462
GENERAL ELECTRIC COM 369604103 25096 322255 SH DEFINED 01 322255
GENERAL INSTRUMENT C COM 370121105 298 10888 SH DEFINED 0103 10888
GENERAL INSTRUMENT C COM 370121105 821 30000 SH DEFINED 01 30000
GENERAL MILLS COM 370334104 23350 400000 SH DEFINED 0130 400000
GENERAL MILLS COM 370334104 29188 500000 SH DEFINED 0113 500000
GENERAL MILLS COM 370334104 10216 175000 SH DEFINED 0107 175000
GENERAL MILLS COM 370334104 11815 202400 SH DEFINED 011516 202400
GENERAL MILLS COM 370334104 76 1300 SH DEFINED 0102 1300
GENERAL MILLS COM 370334104 975 16707 SH DEFINED 0103 16707
GENERAL MOTORS COM 370442105 10650 200000 SH DEFINED 0130 200000
GENERAL MOTORS COM 370442105 35944 675000 SH DEFINED 0113 675000
GENERAL MOTORS COM 370442105 23142 434600 SH DEFINED 0124 434600
GENERAL MOTORS COM 370442105 6033 113300 SH DEFINED 0125 113300
GENERAL MOTORS COM 370442105 26625 500000 SH DEFINED 011516 500000
GENERAL MOTORS COM 370442105 639 12000 SH DEFINED 011620 12000
GENERAL MOTORS COM 370442105 102886 1932022 SH DEFINED 0102 1932022
GENERAL MOTORS COM 370442105 27956 525000 SH DEFINED 0131 525000
GENERAL MOTORS COM 370442105 7455 139981 SH DEFINED 0103 139981
GENERAL MOTORS COM 370442105 8254 155000 SH DEFINED 01 155000
GENERAL MOTORS CL E COM 370442402 34200 600000 SH DEFINED 0130 600000
GENERAL MOTORS CL H COM 370442501 31625 500000 SH DEFINED 0130 500000
GENERAL MOTORS CL H COM 370442501 1898 30000 SH DEFINED 011620 30000
GENERAL NUTRITION IN COM 37047F103 7500 300000 SH DEFINED 0111 300000
GENERAL NUTRITION IN COM 37047F103 2000 80000 SH DEFINED 011619 80000
GENERAL NUTRITION IN COM 37047F103 8650 346000 SH DEFINED 011614 346000
GENERAL NUTRITION IN COM 37047F103 9154 366100 SH DEFINED 0102 366100
GENERAL NUTRITION IN COM 37047F103 6048 241900 SH DEFINED 0131 241900
GENERAL NUTRITION IN COM 37047F103 608 24300 SH DEFINED 0103 24300
GEN PUB UTILITIES COM 370550105 24750 750000 SH DEFINED 0113 750000
GEN PUB UTILITIES COM 370550105 13200 400000 SH DEFINED 0132 400000
GEN PUB UTILITIES COM 370550105 4224 128000 SH DEFINED 0125 128000
GEN PUB UTILITIES COM 370550105 13200 400000 SH DEFINED 011618 400000
GEN PUB UTILITIES COM 370550105 512 15500 SH DEFINED 0102 15500
GEN PUB UTILITIES COM 370550105 16500 500000 SH DEFINED 0131 500000
GEN PUB UTILITIES COM 370550105 1828 55393 SH DEFINED 0103 55393
GENERAL RE CORP COM 370563108 25506 175000 SH DEFINED 0130 175000
GENERAL RE CORP COM 370563108 43725 300000 SH DEFINED 0126 300000
GENERAL RE CORP COM 370563108 26235 180000 SH DEFINED 011618 180000
GENERAL RE CORP COM 370563108 19 130 SH DEFINED 0102 130
GENERAL RE CORP COM 370563108 1255 8611 SH DEFINED 0103 8611
GENERAL SIGNAL COM 370838104 12978 358000 SH DEFINED 0113 358000
GENERAL SIGNAL COM 370838104 3988 110000 SH DEFINED 0128 110000
GENERAL SIGNAL COM 370838104 10875 300000 SH DEFINED 0124 300000
GENERAL SIGNAL COM 370838104 3244 89500 SH DEFINED 0125 89500
GENERAL SIGNAL COM 370838104 16856 465000 SH DEFINED 0107 465000
<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
GENERAL SIGNAL COM 370838104 44406 1225000 SH DEFINED 011516 1225000
GENERAL SIGNAL COM 370838104 14500 400000 SH DEFINED 011618 400000
GENERAL SIGNAL COM 370838104 8374 231000 SH DEFINED 0102 231000
GENERAL SIGNAL COM 370838104 13956 385000 SH DEFINED 0131 385000
GENERAL SIGNAL COM 370838104 1708 47080 SH DEFINED 0103 47080
GENTEX CORP COM 371901109 5950 200000 SH DEFINED 0111 200000
GENTEX CORP COM 371901109 180 6000 SH DEFINED 0102 6000
GENESIS HEALTH VENT COM 371912106 5451 135000 SH DEFINED 0106 135000
GENESIS HEALTH VENT COM 371912106 12113 300000 SH DEFINED 011516 300000
GENESIS HEALTH VENT COM 371912106 2019 50000 SH DEFINED 011619 50000
GENESIS HEALTH VENT COM 371912106 8075 200000 SH DEFINED 011614 200000
GENUINE PARTS COM 372460105 27000 600000 SH DEFINED 0130 600000
GENUINE PARTS COM 372460105 29250 650000 SH DEFINED 0113 650000
GENUINE PARTS COM 372460105 10800 240000 SH DEFINED 0107 240000
GENUINE PARTS COM 372460105 104 2300 SH DEFINED 0102 2300
GENUINE PARTS COM 372460105 23625 525000 SH DEFINED 0131 525000
GENUINE PARTS COM 372460105 1525 33899 SH DEFINED 0103 33899
GENUINE PARTS COM 372460105 6519 144875 SH DEFINED 01 144875
GENZYME CORP COM 372917104 22 400 SH DEFINED 0102 400
GENZYME CORP COM 372917104 5973 108600 SH DEFINED 0131 108600
GENZYME CORP COM 372917104 341 6200 SH DEFINED 0103 6200
GEORGIA PACIFIC COM 373298108 104 1500 SH DEFINED 0102 1500
GEORGIA PACIFIC COM 373298108 669 9642 SH DEFINED 0103 9642
GEOTEK CORP CONV BOND 373654AH5 5600 5000000 PRN DEFINED 0104 5000000
GEOTEK CORP CONV BOND 373654AH5 5600 5000000 PRN DEFINED 0109 5000000
GEOTEK CORP CONV BOND 373654AH5 3360 3000000 PRN DEFINED 0124 3000000
GEOTEK CORP CONV BOND 373654AH5 5600 5000000 PRN DEFINED 011621 5000000
GEOTEK CORP CONV BOND 373654AH5 2240 2000000 PRN DEFINED 011618 2000000
GEOTEK CORP CONV BOND 373654AH5 280 250000 PRN DEFINED 011620 250000
GEOTEK COMM WTS COM 373654136 3863 772500 SH DEFINED 0109 772500
GEOTEK COMM WTS COM 373654136 1250 250000 SH DEFINED 011621 250000
GIANT FOOD CL A COM 374478105 206 6234 SH DEFINED 0103 6234
GIDDINGS & LEWIS WIS COM 375048105 36670 1930000 SH DEFINED 011516 1930000
GIDDINGS & LEWIS WIS COM 375048105 69 3627 SH DEFINED 0103 3627
GILEAD SCIENCES COM 375558103 14375 500000 SH DEFINED 011516 500000
GILEAD SCIENCES COM 375558103 2588 90000 SH DEFINED 011619 90000
GILEAD SCIENCES COM 375558103 10925 380000 SH DEFINED 011614 380000
GILEAD SCIENCES COM 375558103 12831 446200 SH DEFINED 0102 446200
GILEAD SCIENCES COM 375558103 8165 284000 SH DEFINED 0131 284000
GILEAD SCIENCES COM 375558103 851 29600 SH DEFINED 0103 29600
GILLETTE CO COM 375766102 31050 600000 SH DEFINED 0130 600000
GILLETTE CO COM 375766102 108675 2100000 SH DEFINED 0126 2100000
GILLETTE CO COM 375766102 7866 152000 SH DEFINED 0124 152000
GILLETTE CO COM 375766102 2349 45400 SH DEFINED 0125 45400
GILLETTE CO COM 375766102 25875 500000 SH DEFINED 011618 500000
GILLETTE CO COM 375766102 48866 944286 SH DEFINED 0102 944286
GILLETTE CO COM 375766102 3576 69090 SH DEFINED 0103 69090
GLOBAL MARINE COM 379352404 2750 275000 SH DEFINED 011619 275000
GLOBAL MARINE COM 379352404 12000 1200000 SH DEFINED 011614 1200000
GOLD FIELDS SO AFRIC COM 380597500 343 10000 SH DEFINED 0127 10000
<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
GOLDEN WEST FIN COM 381317106 330 6155 SH DEFINED 0103 6155
GS-CIRCUIT CITY PERC PREFERRED STOCK 38141MBL4 15650 535715 SH DEFINED 0130 535715
GS-CIRCUIT CITY PERC PREFERRED STOCK 38141MBL4 10433 357143 SH DEFINED 0107 357143
GOODRICH B.F. COM 382388106 191 2400 SH DEFINED 0124 2400
GOODRICH B.F. COM 382388106 220 2766 SH DEFINED 0103 2766
GOODYEAR COM 382550101 11220 220000 SH DEFINED 0108 220000
GOODYEAR COM 382550101 2066 40500 SH DEFINED 0124 40500
GOODYEAR COM 382550101 398 7800 SH DEFINED 0125 7800
GOODYEAR COM 382550101 816 16000 SH DEFINED 011620 16000
GOODYEAR COM 382550101 6370 124835 SH DEFINED 0102 124835
GOODYEAR COM 382550101 816 16008 SH DEFINED 0103 16008
W R GRACE COM 383883105 799 10215 SH DEFINED 0103 10215
GRAINGER (W.W.) COM 384802104 255 3800 SH DEFINED 0124 3800
GRAINGER (W.W.) COM 384802104 358 5338 SH DEFINED 0103 5338
GRAND CASINOS INC COM 385269105 1824 60800 SH DEFINED 011619 60800
GRAND CASINOS INC COM 385269105 5571 185700 SH DEFINED 011614 185700
GRAND MET PLC -ADR COM 386090302 22712 865222 SH DEFINED 0103 865222
GRAND MET PLC 144A CONV BOND 386098AA5 16575 15000000 PRN DEFINED 0130 15000000
GRAND MET PLC 144A CONV BOND 386098AA5 22100 20000000 PRN DEFINED 0113 20000000
GREAT A. & P. TEA COM 390064103 124 4010 SH DEFINED 0103 4010
GREAT BAY POWER CORP COM 390139103 0 28 SH DEFINED 011621 28
GREAT LAKES CHEM CO COM 390568103 458 6798 SH DEFINED 0103 6798
GREAT WESTERN FIN CP COM 391442100 1920 79600 SH DEFINED 0124 79600
GREAT WESTERN FIN CP COM 391442100 782 32400 SH DEFINED 0125 32400
GREAT WESTERN FIN CP COM 391442100 137 5700 SH DEFINED 0102 5700
GREAT WESTERN FIN CP COM 391442100 515 21350 SH DEFINED 0103 21350
GREEN TREE FINL CORP COM 393505102 20625 600000 SH DEFINED 0111 600000
GREEN TREE FINL CORP COM 393505102 2097 61000 SH DEFINED 011619 61000
GREEN TREE FINL CORP COM 393505102 9144 266000 SH DEFINED 011614 266000
GREEN TREE FINL CORP COM 393505102 8537 248348 SH DEFINED 0102 248348
GREEN TREE FINL CORP COM 393505102 5057 147100 SH DEFINED 0131 147100
GREEN TREE FINL CORP COM 393505102 1120 32587 SH DEFINED 0103 32587
GREENFIELDS COM 395058100 6925 200000 SH DEFINED 0106 200000
GREENFIELDS COM 395058100 13850 400000 SH DEFINED 011516 400000
GREENFIELDS COM 395058100 2666 77000 SH DEFINED 011620 77000
GRIFFON CORP COM 398433102 5625 600000 SH DEFINED 0128 600000
G-CASA AUTREY COM 40048P104 27750 1500000 SH DEFINED 011516 1500000
G-TELEVISA COM 40049J206 12438 500000 SH DEFINED 011516 500000
G-TELEVISA COM 40049J206 1244 50000 SH DEFINED 011619 50000
G-TELEVISA COM 40049J206 6219 250000 SH DEFINED 011614 250000
G-TECH HOLDINGS CORP COM 400518106 12400 400000 SH DEFINED 011516 400000
GUCCI COM 401566104 1618 33700 SH DEFINED 011620 33700
GUIDANT CORP COM 401698105 19485 360000 SH DEFINED 0126 360000
GUIDANT CORP COM 401698105 2436 45000 SH DEFINED 011619 45000
GUIDANT CORP COM 401698105 1516 28000 SH DEFINED 011620 28000
GUIDANT CORP COM 401698105 9959 184000 SH DEFINED 011614 184000
GUIDANT CORP COM 401698105 514 9501 SH DEFINED 0102 9501
GYMBOREE COM 403777105 7838 300000 SH DEFINED 0106 300000
HBO COMPANY COM 404100109 51838 550000 SH DEFINED 0126 550000
HBO COMPANY COM 404100109 9397 99700 SH DEFINED 011619 99700
<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
HBO COMPANY COM 404100109 60320 640000 SH DEFINED 011614 640000
HBO COMPANY COM 404100109 74928 795017 SH DEFINED 0102 795017
HBO COMPANY COM 404100109 22705 240900 SH DEFINED 0131 240900
HBO COMPANY COM 404100109 4797 50900 SH DEFINED 0103 50900
HCC INSURANCE COM 404132102 6859 125000 SH DEFINED 0106 125000
HFS INC COM 404181109 82663 1700000 SH DEFINED 0126 1700000
HFS INC COM 404181109 4376 90000 SH DEFINED 011619 90000
HFS INC COM 404181109 24313 500000 SH DEFINED 011614 500000
HFS INC COM 404181109 41325 849890 SH DEFINED 0102 849890
HFS INC COM 404181109 17544 360800 SH DEFINED 0131 360800
HFS INC COM 404181109 2037 41900 SH DEFINED 0103 41900
HA-LO INDS INC COM 404429102 8288 300000 SH DEFINED 011614 300000
ALEX HAAGAN COM 40443E100 1624 141200 SH DEFINED 0113 141200
HAFSLUND NYCOMED -S COM 405029406 24413 900000 SH DEFINED 011516 900000
HALLIBURTON COM 406216101 2616 46000 SH DEFINED 011619 46000
HALLIBURTON COM 406216101 11375 200000 SH DEFINED 011614 200000
HALLIBURTON COM 406216101 683 12013 SH DEFINED 0103 12013
HANNA MA CO. COM 410522106 12163 350000 SH DEFINED 0108 350000
HANSON PLC ADR COM 411352305 28500 1900000 SH DEFINED 0113 1900000
HANSON PLC ADR COM 411352305 8625 575000 SH DEFINED 0107 575000
HANSON PLC ADR COM 411352305 22500 1500000 SH DEFINED 0131 1500000
HANSON PLC ADR COM 411352305 954 63600 SH DEFINED 0103 63600
HANSON PLC ADR COM 411352305 6555 437000 SH DEFINED 01 437000
HARCOR EGY WTS 144A WARRANT 411628118 297 110000 SH DEFINED 0109 110000
HARCOURT GENERAL CRP COM 41163G101 12705 280000 SH DEFINED 0108 280000
HARCOURT GENERAL CRP COM 41163G101 347 7648 SH DEFINED 0103 7648
HARLAND JOHN H COM 412693103 227 10300 SH DEFINED 0102 10300
HARLAND JOHN H COM 412693103 71 3207 SH DEFINED 0103 3207
HARLEY DAVIDSON COM 412822108 7775 200000 SH DEFINED 0111 200000
HARLEY DAVIDSON COM 412822108 2138 55000 SH DEFINED 011619 55000
HARLEY DAVIDSON COM 412822108 9524 245000 SH DEFINED 011614 245000
HARLEY DAVIDSON COM 412822108 0 1 SH DEFINED 0102 1
HARMAN INTERNATIONAL COM 413086109 18750 500000 SH DEFINED 0111 500000
HARMAN INTERNATIONAL COM 413086109 2457 65520 SH DEFINED 011622 65520
HARMAN INTERNATIONAL COM 413086109 5446 145215 SH DEFINED 011623 145215
HARMAN INTERNATIONAL COM 413086109 141 3780 SH DEFINED 0102 3780
HARNISCHFEGER IND COM 413345109 14531 375000 SH DEFINED 0106 375000
HARNISCHFEGER IND COM 413345109 190 4899 SH DEFINED 0103 4899
HARRAH'S ENT COM 413619107 82 2800 SH DEFINED 0124 2800
HARRAH'S ENT COM 413619107 781 26600 SH DEFINED 0125 26600
HARRAH'S ENT COM 413619107 23500 800000 SH DEFINED 011516 800000
HARRAH'S ENT COM 413619107 12 400 SH DEFINED 0102 400
HARRAH'S ENT COM 413619107 323 10975 SH DEFINED 0103 10975
HARRIS CORP COM 413875105 10519 170000 SH DEFINED 0107 170000
HARRIS CORP COM 413875105 254 4102 SH DEFINED 0103 4102
HARTFORD STM BOILER COM 416704104 124 3000 SH DEFINED 0102 3000
HASBRO INC COM 418056107 341 9204 SH DEFINED 0103 9204
HAT BRANDS WTS8/2002 WARRANT 4187309X7 0 90345 SH DEFINED 0109 90345
HAWAII ELEC $100 PREFERRED STOCK 419990197 2120 20000 SH DEFINED 0105 20000
MAUI ELEC $100 PREFERRED STOCK 419990205 2650 25000 SH DEFINED 0105 25000
<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
HEALTH CARE PROP INV COM 421915109 6300 200000 SH DEFINED 011618 200000
HEALTHSOUTH CORP COM 421924101 61200 1800000 SH DEFINED 0111 1800000
HEALTHSOUTH CORP COM 421924101 8316 244600 SH DEFINED 011622 244600
HEALTHSOUTH CORP COM 421924101 18272 537400 SH DEFINED 011623 537400
HEALTHSOUTH CORP COM 421924101 2040 60000 SH DEFINED 011619 60000
HEALTHSOUTH CORP COM 421924101 9010 265000 SH DEFINED 011614 265000
HEALTHSOUTH CORP COM 421924101 37833 1112700 SH DEFINED 0102 1112700
HEALTHSOUTH CORP COM 421924101 7742 227700 SH DEFINED 0131 227700
HEALTHSOUTH CORP COM 421924101 1595 46900 SH DEFINED 0103 46900
HEALTHCARE COMPARE COM 421928102 30225 600000 SH DEFINED 0111 600000
HEALTHCARE COMPARE COM 421928102 5038 100000 SH DEFINED 011622 100000
HEALTHCARE COMPARE COM 421928102 10075 200000 SH DEFINED 011623 200000
HEALTH MGMT ASSOC COM 421933102 2555 73000 SH DEFINED 011619 73000
HEALTH MGMT ASSOC COM 421933102 11270 322000 SH DEFINED 011614 322000
HEALTH MGMT ASSOC COM 421933102 21113 603149 SH DEFINED 0102 603149
HEALTH MGMT ASSOC COM 421933102 14571 416300 SH DEFINED 0131 416300
HEALTH MGMT ASSOC COM 421933102 1373 39225 SH DEFINED 0103 39225
HEALTH SYSTEMS DESIG COM 421964107 605 44000 SH DEFINED 011619 44000
HEALTHSOURCE INC COM 42221E104 2131 55000 SH DEFINED 011619 55000
HEALTHSOURCE INC COM 42221E104 28432 733700 SH DEFINED 0102 733700
HEALTHSOURCE INC COM 42221E104 8959 231200 SH DEFINED 0131 231200
HEALTHSOURCE INC COM 42221E104 1427 36800 SH DEFINED 0103 36800
HEARTLAND EXPRESS IN COM 422347104 0 1 SH DEFINED 0102 1
HEINZ H.J. COM 423074103 19875 600000 SH DEFINED 0130 600000
HEINZ H.J. COM 423074103 166 5000 SH DEFINED 0102 5000
HEINZ H.J. COM 423074103 1286 38815 SH DEFINED 0103 38815
HELMERICH & PAYNE COM 423452101 88 2600 SH DEFINED 0103 2600
HEM EN 144A WTS WARRANT 42368R116 54 36000 SH DEFINED 0109 36000
HERCULES INC COM 427056106 24800 400000 SH DEFINED 0130 400000
HERCULES INC COM 427056106 716 11542 SH DEFINED 0103 11542
HERSHEY FOODS COM 427866108 7450 100000 SH DEFINED 011618 100000
HERSHEY FOODS COM 427866108 115749 1553684 SH DEFINED 0103 1553684
HEWLETT PACKARD COM 428236103 7520 80000 SH DEFINED 0108 80000
HEWLETT PACKARD COM 428236103 142880 1520000 SH DEFINED 0126 1520000
HEWLETT PACKARD COM 428236103 25248 268600 SH DEFINED 0124 268600
HEWLETT PACKARD COM 428236103 6796 72300 SH DEFINED 0125 72300
HEWLETT PACKARD COM 428236103 4756 50600 SH DEFINED 011622 50600
HEWLETT PACKARD COM 428236103 10566 112400 SH DEFINED 011623 112400
HEWLETT PACKARD COM 428236103 21620 230000 SH DEFINED 011618 230000
HEWLETT PACKARD COM 428236103 940 10000 SH DEFINED 011620 10000
HEWLETT PACKARD COM 428236103 15199 161700 SH DEFINED 0102 161700
HEWLETT PACKARD COM 428236103 7045 74938 SH DEFINED 0103 74938
HIGHLANDS INS GRP COM 431032101 6913 350000 SH DEFINED 011516 350000
HILTON HOTELS COM 432848109 724 7700 SH DEFINED 0125 7700
HILTON HOTELS COM 432848109 13937 148260 SH DEFINED 0102 148260
HILTON HOTELS COM 432848109 815 8673 SH DEFINED 0103 8673
HOLOGIC COM 436440101 2048 90000 SH DEFINED 011619 90000
HOLOGIC COM 436440101 4550 200000 SH DEFINED 011614 200000
HOME DEPOT INC COM 437076102 28725 600000 SH DEFINED 0130 600000
HOME DEPOT INC COM 437076102 11969 250000 SH DEFINED 0108 250000
<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
HOME DEPOT INC COM 437076102 40694 850000 SH DEFINED 0126 850000
HOME DEPOT INC COM 437076102 22372 467300 SH DEFINED 0124 467300
HOME DEPOT INC COM 437076102 6324 132100 SH DEFINED 0125 132100
HOME DEPOT INC COM 437076102 23938 500000 SH DEFINED 011618 500000
HOME DEPOT INC COM 437076102 910 19000 SH DEFINED 011620 19000
HOME DEPOT INC COM 437076102 170633 3563967 SH DEFINED 0102 3563967
HOME DEPOT INC COM 437076102 5132 107163 SH DEFINED 0103 107163
HOME DEPOT INC COM 437076102 8854 184941 SH DEFINED 01 184941
HOME PROPERTIES COM 437306103 5168 260000 SH DEFINED 0132 260000
HOME SHOPPING CVT CONV BOND 437351AB5 8480 8000000 PRN DEFINED 011516 8000000
HOME SHOPPING NETWRK COM 437351109 21161 2090000 SH DEFINED 011516 2090000
HOMESTAKE MINING COM 437614100 281 14488 SH DEFINED 0103 14488
HONEYWELL COM 438506107 737 13335 SH DEFINED 0103 13335
HORACE MANN EDUCATOR COM 440327104 5490 180000 SH DEFINED 0128 180000
HORACE MANN EDUCATOR COM 440327104 21114 692250 SH DEFINED 011516 692250
HORACE MANN EDUCATOR COM 440327104 1678 55000 SH DEFINED 011619 55000
HORACE MANN EDUCATOR COM 440327104 7376 241850 SH DEFINED 011614 241850
HORACE MANN EDUCATOR COM 440327104 15 500 SH DEFINED 0102 500
HORACE MANN EDUCATOR COM 440327104 3294 108000 SH DEFINED 0131 108000
HORACE MANN EDUCATOR COM 440327104 232 7600 SH DEFINED 0103 7600
HORMEL COM 440452100 7350 280000 SH DEFINED 0128 280000
HOSIERY CORP "A"144A WARRANT 441016102 50 10000 SH DEFINED 0109 10000
HOUSEHOLD INTL COM 441815107 40350 600000 SH DEFINED 0126 600000
HOUSEHOLD INTL COM 441815107 2118 31500 SH DEFINED 0124 31500
HOUSEHOLD INTL COM 441815107 726 10800 SH DEFINED 0125 10800
HOUSEHOLD INTL COM 441815107 161 2400 SH DEFINED 0102 2400
HOUSEHOLD INTL COM 441815107 6570 97700 SH DEFINED 0131 97700
HOUSEHOLD INTL COM 441815107 1457 21658 SH DEFINED 0103 21658
HOUSTON INDUSTRIES COM 442161105 9731 450000 SH DEFINED 0132 450000
HOUSTON INDUSTRIES COM 442161105 160 7400 SH DEFINED 0102 7400
HOUSTON INDUSTRIES COM 442161105 596 27577 SH DEFINED 0103 27577
HUBBELL INC C/B COM 443510201 3185 49100 SH DEFINED 0128 49100
HUMANA COM 444859102 427 16989 SH DEFINED 0103 16989
IDS CA TAX EXEMPT COM 449428101 1 204 SH DEFINED 01 204
EQUITY SELECT FD INC COM 44943G102 1 114 SH DEFINED 01 114
IDS PRECIOUS METALS COM 449455104 2 122 SH DEFINED 01 122
IDS INS TAX EXEMPT COM 44947T100 1 194 SH DEFINED 01 194
IDS MN TAX EXEMPT COM 44947T308 1 203 SH DEFINED 01 203
IDS NY TAX EXEMPT COM 44947T407 1 205 SH DEFINED 01 205
IDS MASS TAX-EXEMPT COM 44947T506 1 199 SH DEFINED 01 199
IDS MICH TAX-EXEMPT COM 44947T605 1 197 SH DEFINED 01 197
IDS OHIO TAX-EXEMPT COM 44947T704 1 199 SH DEFINED 01 199
IES INDUSTRIES INC COM 44949M103 10377 372269 SH DEFINED 0103 372269
IDSTC INCOME FUND II COM 449496108 146983 9366142 SH DEFINED 0103 9366142
IDS TRUST INT'L FUND COM 449500990 5395 63622 SH DEFINED 0103 63622
IMC GLOBAL INC COM 449669100 36500 1000000 SH DEFINED 0126 1000000
IMCO RECYCLING INC COM 449681105 7406 375000 SH DEFINED 0106 375000
IMCO RECYCLING INC COM 449681105 1580 80000 SH DEFINED 01 80000
I-STAT CORP COM 450312103 11475 450000 SH DEFINED 011516 450000
ITTI TECH COM 450564109 1899 70000 SH DEFINED 0128 70000
<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
ITT HARTFORD GRP COM 45068H106 22050 450000 SH DEFINED 0113 450000
ITT HARTFORD GRP COM 45068H106 17150 350000 SH DEFINED 0131 350000
ITT HARTFORD GRP COM 45068H106 1347 27492 SH DEFINED 0103 27492
ITT INDUSTRIES-WI COM 450911102 319 12493 SH DEFINED 0103 12493
ITT INDUSTRIES-WI COM 450911102 5610 220000 SH DEFINED 01 220000
ITT CORP-WI COM 450912100 749 12491 SH DEFINED 0103 12491
IFINT DVSD HLDGS COM 45099C100 1018 42418 SH DEFINED 0109 42418
IDEXX LABS INC COM 45168D104 8190 195000 SH DEFINED 011619 195000
IDEXX LABS INC COM 45168D104 33600 800000 SH DEFINED 011614 800000
IDEXX LABS INC COM 45168D104 49376 1175600 SH DEFINED 0102 1175600
IDEXX LABS INC COM 45168D104 20252 482200 SH DEFINED 0131 482200
IDEXX LABS INC COM 45168D104 2532 60300 SH DEFINED 0103 60300
IL CENTRAL TRANS COM 451841100 3178 111500 SH DEFINED 01 111500
IL PWR SER A PREFERRED STOCK 452092851 2403 55250 SH DEFINED 01 55250
ILLINOIS TOOL WORKS COM 452308109 32054 496000 SH DEFINED 0130 496000
ILLINOIS TOOL WORKS COM 452308109 12925 200000 SH DEFINED 0108 200000
ILLINOIS TOOL WORKS COM 452308109 22619 350000 SH DEFINED 0126 350000
ILLINOIS TOOL WORKS COM 452308109 17313 267900 SH DEFINED 0124 267900
ILLINOIS TOOL WORKS COM 452308109 3684 57000 SH DEFINED 0125 57000
ILLINOIS TOOL WORKS COM 452308109 12925 200000 SH DEFINED 011618 200000
ILLINOIS TOOL WORKS COM 452308109 100999 1562882 SH DEFINED 0102 1562882
ILLINOIS TOOL WORKS COM 452308109 2208 34145 SH DEFINED 0103 34145
ILLINOIS TOOL WORKS COM 452308109 1099 17000 SH DEFINED 01 17000
IMMULOGIC PHARMACEUT COM 45252R100 169 12731 SH DEFINED 0103 12731
INCO LIMITED COM 453258402 392 12394 SH DEFINED 0103 12394
INCYTE PHARMACEUTICA COM 45337C102 2051 71950 SH DEFINED 0102 71950
INCYTE PHARMACEUTICA COM 45337C102 1292 45350 SH DEFINED 0131 45350
INCYTE PHARMACEUTICA COM 45337C102 134 4700 SH DEFINED 0103 4700
INDIA FUND INC COM 454089103 2408 237800 SH DEFINED 0112 237800
INDIA FUND INC COM 454089103 3544 350000 SH DEFINED 011617 350000
INDUS GROUP COM 455784108 1755 90000 SH DEFINED 011619 90000
NATUZZI COM 456478106 1359 25000 SH DEFINED 011619 25000
INFINITY BROADCASTNG COM 456626100 26025 600000 SH DEFINED 0126 600000
INFINITY BROADCASTNG COM 456626100 3470 80000 SH DEFINED 011619 80000
INFINITY BROADCASTNG COM 456626100 15832 365000 SH DEFINED 011614 365000
INFINITY BROADCASTNG COM 456626100 32309 744862 SH DEFINED 0102 744862
INFINITY BROADCASTNG COM 456626100 923 21288 SH DEFINED 0103 21288
INFORMIX CORP COM 456779107 15825 600000 SH DEFINED 0126 600000
INFORMIX CORP COM 456779107 12514 474500 SH DEFINED 0102 474500
INFORMIX CORP COM 456779107 6454 244700 SH DEFINED 0131 244700
INFORMIX CORP COM 456779107 701 26600 SH DEFINED 0103 26600
INGERSOLL-RAND CO COM 456866102 466 11435 SH DEFINED 0103 11435
INFORMATION RESOURCE COM 456905108 0 5 SH DEFINED 0102 5
INLAND STEEL IND INC COM 457472108 127 5122 SH DEFINED 0103 5122
INPUT/OUTPUT INC COM 457652105 6975 225000 SH DEFINED 0106 225000
INPUT/OUTPUT INC COM 457652105 2170 70000 SH DEFINED 011619 70000
INPUT/OUTPUT INC COM 457652105 2170 70000 SH DEFINED 011620 70000
INPUT/OUTPUT INC COM 457652105 11672 376500 SH DEFINED 0102 376500
INPUT/OUTPUT INC COM 457652105 5605 180800 SH DEFINED 0131 180800
INPUT/OUTPUT INC COM 457652105 571 18400 SH DEFINED 0103 18400
<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
INSO CORP COM 457674109 923 20000 SH DEFINED 011619 20000
INSURANCE AUTO AUCTS COM 457875102 7724 835000 SH DEFINED 011516 835000
INTEL COM 458140100 170625 3000000 SH DEFINED 0126 3000000
INTEL COM 458140100 22750 400000 SH DEFINED 0111 400000
INTEL COM 458140100 16636 292500 SH DEFINED 0124 292500
INTEL COM 458140100 2685 47200 SH DEFINED 0125 47200
INTEL COM 458140100 3413 60000 SH DEFINED 011622 60000
INTEL COM 458140100 7109 125000 SH DEFINED 011623 125000
INTEL COM 458140100 25594 450000 SH DEFINED 011516 450000
INTEL COM 458140100 9669 170000 SH DEFINED 011618 170000
INTEL COM 458140100 1593 28000 SH DEFINED 011620 28000
INTEL COM 458140100 159752 2808776 SH DEFINED 0102 2808776
INTEL COM 458140100 7546 132666 SH DEFINED 0103 132666
INTEL COM 458140100 15015 264000 SH DEFINED 01 264000
INTELLEQUEST COM 45816H101 118 4300 SH DEFINED 011619 4300
INTELLEQUEST COM 45816H101 547 19900 SH DEFINED 011614 19900
INTERGRAPH CORP COM 458683109 78 4856 SH DEFINED 0103 4856
INTERMEDIA COMM FL COM 458801107 6891 375000 SH DEFINED 0106 375000
INTERMEDIA COMM FL COM 458801107 1599 87000 SH DEFINED 01 87000
INTERMEDIA COM WTS WARRANT 458801115 569 22750 SH DEFINED 0109 22750
INTL BUSINESS MACH COM 459200101 44450 400000 SH DEFINED 0126 400000
INTL BUSINESS MACH COM 459200101 25003 225000 SH DEFINED 0113 225000
INTL BUSINESS MACH COM 459200101 11113 100000 SH DEFINED 011618 100000
INTL BUSINESS MACH COM 459200101 1000 9000 SH DEFINED 011620 9000
INTL BUSINESS MACH COM 459200101 52734 474535 SH DEFINED 0102 474535
INTL BUSINESS MACH COM 459200101 19447 175000 SH DEFINED 0131 175000
INTL BUSINESS MACH COM 459200101 7546 67910 SH DEFINED 0103 67910
INT'L CABLETEL INC CONV BOND 459216AB3 12679 10350000 PRN DEFINED 0130 10350000
INT'L CABLETEL INC CONV BOND 459216AB3 17763 14500000 PRN DEFINED 0124 14500000
INT'L CABLETEL INC CONV BOND 459216AB3 4471 3650000 PRN DEFINED 0135 3650000
INTL FLAVORS & FRAG COM 459506101 558 11647 SH DEFINED 0103 11647
INTL IMAGING MAT COM 45968C108 3639 205000 SH DEFINED 0128 205000
INTL IMAGING MAT COM 45968C108 1243 70000 SH DEFINED 011619 70000
INTL GAME TECHNOLOGY COM 459902102 55863 4100000 SH DEFINED 011516 4100000
INTERNATIONAL PAPER COM 460146103 831 21100 SH DEFINED 0124 21100
INTERNATIONAL PAPER COM 460146103 705 17900 SH DEFINED 0125 17900
INTERNATIONAL PAPER COM 460146103 8859 225000 SH DEFINED 0107 225000
INTERNATIONAL PAPER COM 460146103 23625 600000 SH DEFINED 011516 600000
INTERNATIONAL PAPER COM 460146103 17560 445880 SH DEFINED 0102 445880
INTERNATIONAL PAPER COM 460146103 1556 39500 SH DEFINED 0103 39500
INTERNATIONAL PAPER COM 460146103 9017 229000 SH DEFINED 01 229000
INTERPUBLIC GROUP COM 460690100 1866 39500 SH DEFINED 0124 39500
INTERPUBLIC GROUP COM 460690100 388 8210 SH DEFINED 0103 8210
INTIMATE BRANDS COM 461156101 15500 800000 SH DEFINED 0130 800000
INTIMATE BRANDS COM 461156101 9688 500000 SH DEFINED 0113 500000
INTIMATE BRANDS COM 461156101 18406 950000 SH DEFINED 0107 950000
INTIMATE BRANDS COM 461156101 7750 400000 SH DEFINED 011516 400000
INTUIT COM 461202103 9000 200000 SH DEFINED 0111 200000
INTUIT COM 461202103 1800 40000 SH DEFINED 011622 40000
INTUIT COM 461202103 4050 90000 SH DEFINED 011623 90000
<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
IVAX COM 465823102 81506 3150000 SH DEFINED 011516 3150000
JACOR COMMUNICATIONS COM 469858401 3753 190000 SH DEFINED 011516 190000
JAMES RIVER COM 470349101 6443 250200 SH DEFINED 0124 250200
JAMES RIVER COM 470349101 1249 48500 SH DEFINED 0125 48500
JAMES RIVER COM 470349101 18025 700000 SH DEFINED 011516 700000
JAMES RIVER COM 470349101 1828 71000 SH DEFINED 011620 71000
JAMES RIVER COM 470349101 7076 274800 SH DEFINED 0102 274800
JAMES RIVER COM 470349101 456 17704 SH DEFINED 0103 17704
JAMES RIVER SRP17.25 CONV PFD STOCK 470349887 7178 290000 SH DEFINED 0107 290000
JAN BELL WARRANTS WARRANT 470760117 0 2473 SH DEFINED 0131 2473
JEFFERSON PILOT COM 475070108 403 7476 SH DEFINED 0103 7476
JOHN NUVEEN COM 478035108 1614 66197 SH DEFINED 0103 66197
JOHNSON & JOHNSON COM 478160104 27675 300000 SH DEFINED 0130 300000
JOHNSON & JOHNSON COM 478160104 161438 1750000 SH DEFINED 0126 1750000
JOHNSON & JOHNSON COM 478160104 27675 300000 SH DEFINED 0111 300000
JOHNSON & JOHNSON COM 478160104 14954 162100 SH DEFINED 0124 162100
JOHNSON & JOHNSON COM 478160104 4197 45500 SH DEFINED 0125 45500
JOHNSON & JOHNSON COM 478160104 3690 40000 SH DEFINED 011622 40000
JOHNSON & JOHNSON COM 478160104 7841 85000 SH DEFINED 011623 85000
JOHNSON & JOHNSON COM 478160104 2786 30200 SH DEFINED 011620 30200
JOHNSON & JOHNSON COM 478160104 160558 1740489 SH DEFINED 0102 1740489
JOHNSON & JOHNSON COM 478160104 8801 95404 SH DEFINED 0103 95404
JOHNSON & JOHNSON COM 478160104 24446 265000 SH DEFINED 01 132000 133000
JOHNSON CONTROLS COM 478366107 322 4321 SH DEFINED 0103 4321
JONES APPAREL GROUP COM 480074103 8488 175000 SH DEFINED 0108 175000
JOSTENS A. INC. COM 481088102 10069 450000 SH DEFINED 011516 450000
JOSTENS A. INC. COM 481088102 141 6300 SH DEFINED 0102 6300
JOSTENS A. INC. COM 481088102 91 4048 SH DEFINED 0103 4048
K-MART CORPORATION COM 482584109 452 48210 SH DEFINED 0103 48210
KN ENERGY COM 482620101 7003 225000 SH DEFINED 0132 225000
KAISER ALUM PRIDE PREFERRED STOCK 483007407 3816 275000 SH DEFINED 0132 275000
KASH & KARRY FOOD COM 48577P106 3319 149570 SH DEFINED 0104 149570
KASH & KARRY FOOD COM 48577P106 18248 822430 SH DEFINED 0109 822430
KAUFMAN & BROAD HOME COM 486168107 54 3406 SH DEFINED 0103 3406
KAYDON CORP COM 486587108 6475 185000 SH DEFINED 0128 185000
KELLOGG CO. COM 487836108 1729 22829 SH DEFINED 0103 22829
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 930 783000 SH DEFINED 0130 783000
KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 121 102255 SH DEFINED 01 102255
KERR MCGEE COM 492386107 344 5419 SH DEFINED 0103 5419
KEYCORP NEW COM 493267108 23175 600000 SH DEFINED 0130 600000
KEYCORP NEW COM 493267108 6551 169600 SH DEFINED 0107 169600
KEYCORP NEW COM 493267108 6601 170900 SH DEFINED 0131 170900
KEYCORP NEW COM 493267108 1246 32255 SH DEFINED 0103 32255
KIMBERLY CLARK COM 494368103 37250 500000 SH DEFINED 0130 500000
KIMBERLY CLARK COM 494368103 38740 520000 SH DEFINED 0126 520000
KIMBERLY CLARK COM 494368103 6496 87200 SH DEFINED 0124 87200
KIMBERLY CLARK COM 494368103 1222 16400 SH DEFINED 0125 16400
KIMBERLY CLARK COM 494368103 22350 300000 SH DEFINED 011516 300000
KIMBERLY CLARK COM 494368103 26075 350000 SH DEFINED 011618 350000
KIMBERLY CLARK COM 494368103 2533 34000 SH DEFINED 011620 34000
<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
KIMBERLY CLARK COM 494368103 193614 2598880 SH DEFINED 0102 2598880
KIMBERLY CLARK COM 494368103 3737 50154 SH DEFINED 0103 50154
KIMBERLY CLARK COM 494368103 12680 170200 SH DEFINED 01 170200
KINETIC CONCEPTS COM 49460W109 2006 150000 SH DEFINED 011619 150000
KINETIC CONCEPTS COM 49460W109 8694 650000 SH DEFINED 011614 650000
KINGWORLD PRODUCTION COM 495667107 160 3872 SH DEFINED 0103 3872
KNIGHT-RIDDER INC. COM 499040103 23844 350000 SH DEFINED 0113 350000
KNIGHT-RIDDER INC. COM 499040103 347 5093 SH DEFINED 0103 5093
STERLING SFTWRE ESCR COM 499245918 0 80000 SH DEFINED 011619 80000
KOHLS CORP COM 500255104 6338 100000 SH DEFINED 0108 100000
KOHLS CORP COM 500255104 2662 42000 SH DEFINED 011619 42000
KOHLS CORP COM 500255104 11091 175000 SH DEFINED 011614 175000
KOHLS CORP COM 500255104 715 11292 SH DEFINED 0102 11292
KOHLS CORP COM 500255104 5304 83700 SH DEFINED 0131 83700
KOHLS CORP COM 500255104 292 4600 SH DEFINED 0103 4600
KEPCO ADR COM 500631106 5520 240000 SH DEFINED 0112 240000
KEPCO ADR COM 500631106 6900 300000 SH DEFINED 011617 300000
KROGER CO. COM 501044101 1677 41400 SH DEFINED 0124 41400
KROGER CO. COM 501044101 2969 73300 SH DEFINED 0125 73300
KROGER CO. COM 501044101 2242 55350 SH DEFINED 011618 55350
KROGER CO. COM 501044101 46067 1137660 SH DEFINED 0102 1137660
KROGER CO. COM 501044101 1475 36425 SH DEFINED 0103 36425
KROGER CO. COM 501044101 4941 122000 SH DEFINED 01 122000
LCI INTL COM 501813109 8865 361850 SH DEFINED 0102 361850
LCI INTL COM 501813109 7218 294600 SH DEFINED 0131 294600
LCI INTL COM 501813109 673 27450 SH DEFINED 0103 27450
LG AND E ENERGY CORP COM 501917108 3430 80000 SH DEFINED 0128 80000
LG AND E ENERGY CORP COM 501917108 9218 215000 SH DEFINED 0132 215000
LTV CORP NEW COM 501921100 8478 652159 SH DEFINED 01 652159
LSI LOGIC COM 502161102 2750 102800 SH DEFINED 0124 102800
LSI LOGIC COM 502161102 618 23100 SH DEFINED 0125 23100
LSI LOGIC COM 502161102 12317 460400 SH DEFINED 0102 460400
LSI LOGIC COM 502161102 417 15556 SH DEFINED 0103 15556
LSI LOGIC COM 502161102 4027 150530 SH DEFINED 01 150530
LTC PROPERTIES COM 502175102 5688 350000 SH DEFINED 0113 350000
LTC PROPERTIES COM 502175102 4875 300000 SH DEFINED 0132 300000
LTC PROPERTIES COM 502175102 3494 215000 SH DEFINED 0107 215000
LAIDLAW INC COM 50730K206 328 30899 SH DEFINED 0103 30899
LANCASTER COLONY COR COM 513847103 7823 210000 SH DEFINED 0128 210000
LANDMARK GRAPHICS CO COM 514913102 844 50750 SH DEFINED 0106 50750
LANDMARK GRAPHICS CO COM 514913102 249 15000 SH DEFINED 01 15000
LANDS END INC COM 515086106 1881 107500 SH DEFINED 0108 107500
LANDS END INC COM 515086106 1881 107500 SH DEFINED 0128 107500
LANDS END INC COM 515086106 31 1770 SH DEFINED 0103 1770
LANDSTAR SYSTEM INC COM 515098101 6250 250000 SH DEFINED 0106 250000
LANESBOROUGH COM 515547107 0 10571 SH DEFINED 0109 10571
LARSEN TOUBRO 144 COM 51729V302 8525 550000 SH DEFINED 0135 550000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 7875 150000 SH DEFINED 01 150000
LASALLE NATL $50 PREFERRED STOCK 5180283*4 3150 60000 SH DEFINED 0116 60000
LATTICE SEMICONDUCTR COM 518415104 3831 135000 SH DEFINED 0128 135000
<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
LATTICE SEMICONDUCTR COM 518415104 8513 300000 SH DEFINED 0106 300000
LATTICE SEMICONDUCTR COM 518415104 1390 49000 SH DEFINED 01 49000
LAYNE INCORPORATED COM 521050104 181 15388 SH DEFINED 0103 15388
LENNAR CORP COM 526057104 8084 325000 SH DEFINED 0108 325000
LIBBEY COM 529898108 2188 100000 SH DEFINED 0128 100000
LIBERTY PROPERTY TR CONV BOND 53117CAA0 2616 2500000 PRN DEFINED 0104 2500000
LIBERTY PROPERTY TR CONV BOND 53117CAA0 1308 1250000 PRN DEFINED 011621 1250000
LIB LIFE IN CVT 144A CONV BOND 531596AA2 8100 6000000 PRN DEFINED 0135 6000000
LIFE TECHNOLOGIES IN COM 532177201 1649 58900 SH DEFINED 0128 58900
ELI LILLY COM 532457108 130 2000 SH DEFINED 0124 2000
ELI LILLY COM 532457108 20 300 SH DEFINED 0125 300
ELI LILLY COM 532457108 9100 140000 SH DEFINED 0107 140000
ELI LILLY COM 532457108 25341 389652 SH DEFINED 0102 389652
ELI LILLY COM 532457108 4505 69301 SH DEFINED 0103 69301
THE LIMITED INC COM 532716107 51 2665 SH DEFINED 0102 2665
THE LIMITED INC COM 532716107 545 28684 SH DEFINED 0103 28684
LINCOLN NAT COM 534187109 11165 220000 SH DEFINED 0107 220000
LINCOLN NAT COM 534187109 96 1900 SH DEFINED 0102 1900
LINCOLN NAT COM 534187109 554 10914 SH DEFINED 0103 10914
LINEAR TECHNOLOGY COM 535678106 20875 500000 SH DEFINED 0126 500000
LINEAR TECHNOLOGY COM 535678106 9289 222500 SH DEFINED 0102 222500
LINEAR TECHNOLOGY COM 535678106 296 7100 SH DEFINED 0103 7100
LIPOSOME COMPANY INC COM 536310105 3784 181300 SH DEFINED 0102 181300
LIPOSOME COMPANY INC COM 536310105 2290 109700 SH DEFINED 0131 109700
LIPOSOME COMPANY INC COM 536310105 236 11300 SH DEFINED 0103 11300
LITTON INDUSTRIES COM 538021106 16560 360000 SH DEFINED 011618 360000
LIVING CENTERS OF AM COM 538388109 5662 152000 SH DEFINED 0128 152000
LIZ CLAIBORNE COM 539320101 8808 257185 SH DEFINED 0103 257185
LOCKHEED MARTIN CORP COM 539830109 22763 300000 SH DEFINED 0130 300000
LOCKHEED MARTIN CORP COM 539830109 22763 300000 SH DEFINED 0126 300000
LOCKHEED MARTIN CORP COM 539830109 3081 40600 SH DEFINED 0124 40600
LOCKHEED MARTIN CORP COM 539830109 1024 13500 SH DEFINED 0125 13500
LOCKHEED MARTIN CORP COM 539830109 1631 21500 SH DEFINED 011620 21500
LOCKHEED MARTIN CORP COM 539830109 319 4200 SH DEFINED 0102 4200
LOCKHEED MARTIN CORP COM 539830109 1768 23309 SH DEFINED 0103 23309
LOCKHEED MARTIN CORP COM 539830109 5842 77000 SH DEFINED 01 77000
LOEWS CORP COM 540424108 935 12369 SH DEFINED 0103 12369
LOGANS ROADHOUSE INC COM 541198107 2613 100000 SH DEFINED 011619 100000
LOJAS ARAPUA ADR COM 541462107 4808 500000 SH DEFINED 0135 500000
LONGTERM CAPITAL LTD COM 542900998 33434 25000 SH DEFINED 0116 25000
LONGHORN STEAK COM 543057103 2916 126800 SH DEFINED 011619 126800
LONGHORN STEAK COM 543057103 1812 78800 SH DEFINED 011614 78800
LONGHORN STEAK COM 543057103 323 14100 SH DEFINED 0102 14100
LONGHORN STEAK COM 543057103 432 18800 SH DEFINED 0131 18800
LONGHORN STEAK COM 543057103 24 1000 SH DEFINED 0103 1000
LONGS DRUG STORES COM 543162101 95 2014 SH DEFINED 0103 2014
LONGVIEW FIBRE WASH COM 543213102 5063 300000 SH DEFINED 0128 300000
LORAL COM 543859102 73500 1500000 SH DEFINED 0126 1500000
LORAL COM 543859102 39200 800000 SH DEFINED 011618 800000
LORAL COM 543859102 3920 80000 SH DEFINED 011619 80000
<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
LORAL COM 543859102 15925 325000 SH DEFINED 011614 325000
LORAL COM 543859102 29 600 SH DEFINED 0102 600
LORAL COM 543859102 8193 167200 SH DEFINED 0131 167200
LORAL COM 543859102 1344 27415 SH DEFINED 0103 27415
LOUISIANA LAND/EXP COM 546268103 164 3515 SH DEFINED 0103 3515
LOUISIANA PAC. COM 546347105 531 21800 SH DEFINED 0125 21800
LOUISIANA PAC. COM 546347105 64 2600 SH DEFINED 0102 2600
LOUISIANA PAC. COM 546347105 352 14422 SH DEFINED 0103 14422
LOWE'S CO'S COM 548661107 604 16883 SH DEFINED 0103 16883
LUBRIZOL CORP COM 549271104 25075 850000 SH DEFINED 0113 850000
LUBRIZOL CORP COM 549271104 15488 525000 SH DEFINED 0131 525000
LUBRIZOL CORP COM 549271104 679 23000 SH DEFINED 0103 23000
LUBY'S CAFETERIES COM 549282101 2343 101300 SH DEFINED 0124 101300
LUBY'S CAFETERIES COM 549282101 132 5700 SH DEFINED 0125 5700
LUBY'S CAFETERIES COM 549282101 194 8400 SH DEFINED 0102 8400
LUBY'S CAFETERIES COM 549282101 290 12554 SH DEFINED 0103 12554
MBNA COM 55262L100 41475 1400000 SH DEFINED 0126 1400000
MBNA COM 55262L100 14813 500000 SH DEFINED 0111 500000
MBNA COM 55262L100 27 900 SH DEFINED 0102 900
MBNA COM 55262L100 6412 216450 SH DEFINED 0131 216450
MBNA COM 55262L100 1331 44932 SH DEFINED 0103 44932
MCN CORP COM 55267J100 3238 140000 SH DEFINED 0132 140000
MCI COMMUNICATIONS COM 552673105 10588 350000 SH DEFINED 0132 350000
MCI COMMUNICATIONS COM 552673105 26626 880200 SH DEFINED 0124 880200
MCI COMMUNICATIONS COM 552673105 6238 206200 SH DEFINED 0125 206200
MCI COMMUNICATIONS COM 552673105 45375 1500000 SH DEFINED 011516 1500000
MCI COMMUNICATIONS COM 552673105 18150 600000 SH DEFINED 011618 600000
MCI COMMUNICATIONS COM 552673105 49136 1624366 SH DEFINED 0102 1624366
MCI COMMUNICATIONS COM 552673105 3937 130134 SH DEFINED 0103 130134
MCI COMMUNICATIONS COM 552673105 1815 60000 SH DEFINED 01 60000
MDU RESOURCES GROUP COM 552690109 6038 262500 SH DEFINED 0132 262500
MEMC ELECTRONIC MAT COM 552715104 3638 100000 SH DEFINED 0128 100000
MEMC ELECTRONIC MAT COM 552715104 29100 800000 SH DEFINED 0111 800000
MEMC ELECTRONIC MAT COM 552715104 5456 150000 SH DEFINED 0135 150000
MEMC ELECTRONIC MAT COM 552715104 3910 107500 SH DEFINED 011622 107500
MEMC ELECTRONIC MAT COM 552715104 9407 258600 SH DEFINED 011623 258600
MEMC ELECTRONIC MAT COM 552715104 219 6000 SH DEFINED 0102 6000
MEMC ELECTRONIC MAT COM 552715104 4267 117300 SH DEFINED 01 117300
MFS COMM COM 55272T101 21788 350000 SH DEFINED 0126 350000
MFS COMM COM 55272T101 62250 1000000 SH DEFINED 0111 1000000
MFS COMM COM 55272T101 70 1132 SH DEFINED 0109 1132
MFS COMM COM 55272T101 7781 125000 SH DEFINED 011622 125000
MFS COMM COM 55272T101 18675 300000 SH DEFINED 011623 300000
MFS COMM COM 55272T101 13198 212000 SH DEFINED 0102 212000
MFS COMM COM 55272T101 6561 105400 SH DEFINED 0131 105400
MFS COMM COM 55272T101 747 12000 SH DEFINED 0103 12000
MFS COMM COM 55272T101 4918 79000 SH DEFINED 01 79000
MFS COMMUNICATION CONV PFD STOCK 55272T200 7718 140000 SH DEFINED 0132 140000
MFS COMMUNICATION CONV PFD STOCK 55272T200 6891 125000 SH DEFINED 0107 125000
MADECO COM 556304103 4375 175000 SH DEFINED 0135 175000
<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
*MAFCO CONSOLIDATED COM 559025101 1860 120000 SH DEFINED 0128 120000
MAGAININ PHARMACEUTI COM 559036108 735 70000 SH DEFINED 011619 70000
MAGAININ PHARMACEUTI COM 559036108 3255 310000 SH DEFINED 011614 310000
MAGNA INT'L INC CONV BOND 559222AE4 2600 2500000 PRN DEFINED 0129 2500000
MAGNA INT'L INC CONV BOND 559222AE4 5200 5000000 PRN DEFINED 0104 5000000
MAGNA INT'L INC CONV BOND 559222AE4 2600 2500000 PRN DEFINED 011621 2500000
MAGNA INTL COM 559222401 2781 60300 SH DEFINED 011622 60300
MAGNA INTL COM 559222401 6176 133900 SH DEFINED 011623 133900
MAINSTREET BANKGROUP COM 560633109 142 8860 SH DEFINED 0102 8860
MALAN REALTY INV CVT CONV BOND 561063AA6 4280 4850000 PRN DEFINED 0104 4850000
MALAN REALTY INV CVT CONV BOND 561063AA6 2427 2750000 PRN DEFINED 0109 2750000
MALAN REALTY INV CVT CONV BOND 561063AA6 2427 2750000 PRN DEFINED 011621 2750000
MALLINCKRODT GROUP COM 561226101 293 7792 SH DEFINED 0103 7792
MANHATTAN BAGEL CO I COM 562751107 2790 120000 SH DEFINED 011619 120000
MANHATTAN BAGEL CO I COM 562751107 11681 502400 SH DEFINED 011614 502400
MANOR CARE INC COM 564054104 13738 350000 SH DEFINED 011618 350000
MANOR CARE INC COM 564054104 258 6561 SH DEFINED 0103 6561
MANPOWER INC-WIS COM 56418H100 6200 200000 SH DEFINED 0111 200000
MANPOWER INC-WIS COM 56418H100 2124 68500 SH DEFINED 011622 68500
MANPOWER INC-WIS COM 56418H100 4678 150900 SH DEFINED 011623 150900
MANPOWER INC-WIS COM 56418H100 22 700 SH DEFINED 0102 700
MANPOWER INC-WIS COM 56418H100 5472 176500 SH DEFINED 0131 176500
MANPOWER INC-WIS COM 56418H100 288 9300 SH DEFINED 0103 9300
MANUF HOME COM 564682102 2574 145000 SH DEFINED 0107 145000
MANUF HOME COM 564682102 2715 152980 SH DEFINED 01 152980
MANUGISTICS GROUP IN COM 565011103 3577 283300 SH DEFINED 0108 283300
MARSH MCLENNAN CO COM 571748102 27863 300000 SH DEFINED 0113 300000
MARSH MCLENNAN CO COM 571748102 10681 115000 SH DEFINED 0107 115000
MARSH MCLENNAN CO COM 571748102 23219 250000 SH DEFINED 0131 250000
MARSH MCLENNAN CO COM 571748102 1735 18679 SH DEFINED 0103 18679
MARRIOTT INTERNATION COM 571900109 43700 920000 SH DEFINED 0126 920000
MARRIOTT INTERNATION COM 571900109 19000 400000 SH DEFINED 0111 400000
MARRIOTT INTERNATION COM 571900109 2674 56300 SH DEFINED 0124 56300
MARRIOTT INTERNATION COM 571900109 470 9900 SH DEFINED 0125 9900
MARRIOTT INTERNATION COM 571900109 2138 45000 SH DEFINED 011619 45000
MARRIOTT INTERNATION COM 571900109 9500 200000 SH DEFINED 011614 200000
MARRIOTT INTERNATION COM 571900109 82 1700 SH DEFINED 0102 1700
MARRIOTT INTERNATION COM 571900109 724 15241 SH DEFINED 0103 15241
MARTIN MARIETTA COM 573284106 9669 425000 SH DEFINED 0108 425000
MARTIN MARIETTA COM 573284106 5931 260700 SH DEFINED 0128 260700
MARVEL ENTERTAINMENT COM 573913100 22050 2100000 SH DEFINED 011516 2100000
MASCO CORP COM 574599106 29000 1000000 SH DEFINED 0113 1000000
MASCO CORP COM 574599106 4031 139000 SH DEFINED 0124 139000
MASCO CORP COM 574599106 751 25900 SH DEFINED 0125 25900
MASCO CORP COM 574599106 261 9000 SH DEFINED 0102 9000
MASCO CORP COM 574599106 21750 750000 SH DEFINED 0131 750000
MASCO CORP COM 574599106 1611 55554 SH DEFINED 0103 55554
MASCOTECH INC CONV BOND 574670AB1 5070 6500000 PRN DEFINED 0104 6500000
MASCOTECH INC CONV BOND 574670AB1 2730 3500000 PRN DEFINED 011621 3500000
MASCOTECH 6% $1.20 CONV PFD STOCK 574670303 3926 280400 SH DEFINED 0130 280400
<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
MATRITECH INC COM 576818108 2325 200000 SH DEFINED 011619 200000
MATTEL INC. COM 577081102 20344 750000 SH DEFINED 0126 750000
MATTEL INC. COM 577081102 27125 1000000 SH DEFINED 0111 1000000
MATTEL INC. COM 577081102 573 21125 SH DEFINED 0124 21125
MATTEL INC. COM 577081102 464 17100 SH DEFINED 0125 17100
MATTEL INC. COM 577081102 5086 187500 SH DEFINED 011622 187500
MATTEL INC. COM 577081102 10172 375000 SH DEFINED 011623 375000
MATTEL INC. COM 577081102 758 27867 SH DEFINED 0102 27867
MATTEL INC. COM 577081102 5167 190500 SH DEFINED 0131 190500
MATTEL INC. COM 577081102 1114 41117 SH DEFINED 0103 41117
MATTEL INC. COM 577081102 4611 170000 SH DEFINED 01 170000
MAXIM INTEGRATED COM 57772K101 8525 275000 SH DEFINED 0106 275000
MAXIM INTEGRATED COM 57772K101 31000 1000000 SH DEFINED 0111 1000000
MAXIM INTEGRATED COM 57772K101 2170 70000 SH DEFINED 011622 70000
MAXIM INTEGRATED COM 57772K101 4960 160000 SH DEFINED 011623 160000
MAXIM INTEGRATED COM 57772K101 7088 228600 SH DEFINED 0102 228600
MAXIM INTEGRATED COM 57772K101 220 7100 SH DEFINED 0103 7100
MAY DEPT STORES COM 577778103 31363 650000 SH DEFINED 0113 650000
MAY DEPT STORES COM 577778103 10263 212700 SH DEFINED 0124 212700
MAY DEPT STORES COM 577778103 1636 33900 SH DEFINED 0125 33900
MAY DEPT STORES COM 577778103 15440 320000 SH DEFINED 0107 320000
MAY DEPT STORES COM 577778103 20506 425000 SH DEFINED 011516 425000
MAY DEPT STORES COM 577778103 2123 44000 SH DEFINED 011619 44000
MAY DEPT STORES COM 577778103 9409 195000 SH DEFINED 011614 195000
MAY DEPT STORES COM 577778103 739 15300 SH DEFINED 0102 15300
MAY DEPT STORES COM 577778103 24125 500000 SH DEFINED 0131 500000
MAY DEPT STORES COM 577778103 2896 60035 SH DEFINED 0103 60035
MAYTAG CO COM 578592107 20250 1000000 SH DEFINED 0113 1000000
MAYTAG CO COM 578592107 8911 439920 SH DEFINED 0102 439920
MAYTAG CO COM 578592107 13163 650000 SH DEFINED 0131 650000
MAYTAG CO COM 578592107 1032 50981 SH DEFINED 0103 50981
MCDERMOTT INTL COM 580037109 110 5731 SH DEFINED 0103 5731
MCDONALDS COM 580135101 144000 3000000 SH DEFINED 0126 3000000
MCDONALDS COM 580135101 4056 84500 SH DEFINED 011622 84500
MCDONALDS COM 580135101 9000 187500 SH DEFINED 011623 187500
MCDONALDS COM 580135101 19200 400000 SH DEFINED 011618 400000
MCDONALDS COM 580135101 34375 716050 SH DEFINED 0102 716050
MCDONALDS COM 580135101 4142 86297 SH DEFINED 0103 86297
MCDONNELL DOUGLASS COM 580169100 1077 11759 SH DEFINED 0103 11759
MCDONNELL DOUGLASS COM 580169100 4215 46000 SH DEFINED 01 46000
MCGRAW-HILL COS INC COM 580645109 21688 250000 SH DEFINED 0130 250000
MCGRAW-HILL COS INC COM 580645109 10844 125000 SH DEFINED 0108 125000
MCGRAW-HILL COS INC COM 580645109 19519 225000 SH DEFINED 0113 225000
MCGRAW-HILL COS INC COM 580645109 8042 92700 SH DEFINED 0124 92700
MCGRAW-HILL COS INC COM 580645109 1492 17200 SH DEFINED 0125 17200
MCGRAW-HILL COS INC COM 580645109 12145 140000 SH DEFINED 0107 140000
MCGRAW-HILL COS INC COM 580645109 390 4500 SH DEFINED 0102 4500
MCGRAW-HILL COS INC COM 580645109 21688 250000 SH DEFINED 0131 250000
MCGRAW-HILL COS INC COM 580645109 1766 20353 SH DEFINED 0103 20353
MEAD CORP COM 582834107 729 13500 SH DEFINED 0124 13500
<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
MEAD CORP COM 582834107 502 9300 SH DEFINED 0125 9300
MEAD CORP COM 582834107 15 300 SH DEFINED 0102 300
MEAD CORP COM 582834107 305 5648 SH DEFINED 0103 5648
MEASUREX CORP COM 583432109 6525 225000 SH DEFINED 0106 225000
MEDAPHIS CORP COM 584028104 1329 27400 SH DEFINED 011619 27400
MEDAPHIS CORP COM 584028104 5112 105400 SH DEFINED 011614 105400
MEDAPHIS CORP COM 584028104 6603 136141 SH DEFINED 0102 136141
MEDAPHIS CORP COM 584028104 5282 108900 SH DEFINED 0131 108900
MEDAPHIS CORP COM 584028104 475 9800 SH DEFINED 0103 9800
MEDAPHIS CORP COM 584028104 388 8000 SH DEFINED 01 8000
MEDEVA PLC -SPON AD COM 58410H203 300 20340 SH DEFINED 01 20340
MEDIC COMPUTER COM 584472104 9019 119050 SH DEFINED 0102 119050
MEDIC COMPUTER COM 584472104 280 3700 SH DEFINED 0103 3700
MEDITRUST COM 58501T108 16938 500000 SH DEFINED 0113 500000
MEDITRUST COM 58501T108 11856 350000 SH DEFINED 0131 350000
MEDTRONIC COM 585055106 17888 300000 SH DEFINED 0130 300000
MEDTRONIC COM 585055106 143100 2400000 SH DEFINED 0126 2400000
MEDTRONIC COM 585055106 35775 600000 SH DEFINED 0111 600000
MEDTRONIC COM 585055106 13934 233700 SH DEFINED 0124 233700
MEDTRONIC COM 585055106 3023 50700 SH DEFINED 0125 50700
MEDTRONIC COM 585055106 10733 180000 SH DEFINED 011622 180000
MEDTRONIC COM 585055106 23850 400000 SH DEFINED 011623 400000
MEDTRONIC COM 585055106 14906 250000 SH DEFINED 011618 250000
MEDTRONIC COM 585055106 9242 155000 SH DEFINED 011614 155000
MEDTRONIC COM 585055106 110130 1847080 SH DEFINED 0102 1847080
MEDTRONIC COM 585055106 21924 367700 SH DEFINED 0131 367700
MEDTRONIC COM 585055106 4536 76093 SH DEFINED 0103 76093
MEDTRONIC COM 585055106 16695 280000 SH DEFINED 01 280000
MELLON BANK CORP COM 585509102 5358 97200 SH DEFINED 0124 97200
MELLON BANK CORP COM 585509102 2729 49500 SH DEFINED 0125 49500
MELLON BANK CORP COM 585509102 347 6300 SH DEFINED 0102 6300
MELLON BANK CORP COM 585509102 1191 21599 SH DEFINED 0103 21599
MELVILLE CORP COM 585745102 26906 750000 SH DEFINED 0113 750000
MELVILLE CORP COM 585745102 43050 1200000 SH DEFINED 011516 1200000
MELVILLE CORP COM 585745102 423 11800 SH DEFINED 0102 11800
MELVILLE CORP COM 585745102 19731 550000 SH DEFINED 0131 550000
MELVILLE CORP COM 585745102 1114 31031 SH DEFINED 0103 31031
MENS WEARHOUSE INC COM 587118100 1541 48906 SH DEFINED 0103 48906
MENTOR CORP MN COM 587188103 1753 75000 SH DEFINED 011619 75000
MENTOR CORP MN COM 587188103 7948 340000 SH DEFINED 011614 340000
MERCANTILE STORES COM 587533100 237 3868 SH DEFINED 0103 3868
MERCK COM 589331107 19766 317526 SH DEFINED 0130 317526
MERCK COM 589331107 10894 175000 SH DEFINED 0108 175000
MERCK COM 589331107 112050 1800000 SH DEFINED 0126 1800000
MERCK COM 589331107 35389 568500 SH DEFINED 0124 568500
MERCK COM 589331107 9779 157100 SH DEFINED 0125 157100
MERCK COM 589331107 2490 40000 SH DEFINED 011620 40000
MERCK COM 589331107 172973 2778580 SH DEFINED 0102 2778580
MERCK COM 589331107 11859 190523 SH DEFINED 0103 190523
MERCK COM 589331107 9619 154516 SH DEFINED 01 154516
<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
MEREDITH CORP COM 589433101 120 2900 SH DEFINED 0103 2900
MERRILL LYNCH & CO COM 590188108 36450 600000 SH DEFINED 0111 600000
MERRILL LYNCH & CO COM 590188108 291 4800 SH DEFINED 0102 4800
MERRILL LYNCH & CO COM 590188108 1345 22141 SH DEFINED 0103 22141
METHANEX CORP COM 59151K108 1350 200000 SH DEFINED 011621 200000
METHODE ELEC COM 591520200 7313 450000 SH DEFINED 0106 450000
METHODE ELEC COM 591520200 1747 107500 SH DEFINED 01 107500
MICROSOFT COM 594918104 103125 1000000 SH DEFINED 0126 1000000
MICROSOFT COM 594918104 20625 200000 SH DEFINED 0111 200000
MICROSOFT COM 594918104 11303 109600 SH DEFINED 0124 109600
MICROSOFT COM 594918104 3475 33700 SH DEFINED 0125 33700
MICROSOFT COM 594918104 3609 35000 SH DEFINED 011622 35000
MICROSOFT COM 594918104 8250 80000 SH DEFINED 011623 80000
MICROSOFT COM 594918104 15469 150000 SH DEFINED 011618 150000
MICROSOFT COM 594918104 91725 889449 SH DEFINED 0102 889449
MICROSOFT COM 594918104 7219 70000 SH DEFINED 0131 70000
MICROSOFT COM 594918104 8165 79163 SH DEFINED 0103 79163
MICROSOFT COM 594918104 10055 97500 SH DEFINED 01 97500
MICRO-CHIP COM 595017104 8250 300000 SH DEFINED 0106 300000
MICRO-CHIP COM 595017104 11138 405000 SH DEFINED 011516 405000
MICRON TECHNOLOGY COM 595112103 126 4000 SH DEFINED 0102 4000
MICRON TECHNOLOGY COM 595112103 682 21726 SH DEFINED 0103 21726
MID-AMERICA APT COM 59522J103 5459 212000 SH DEFINED 0107 212000
MID ATLANTIC MEDICAL COM 59523C107 6938 300000 SH DEFINED 0106 300000
MID AMERICAN ENERGY COM 595620105 116 6468 SH DEFINED 0102 6468
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 6820 220000 SH DEFINED 0128 220000
MILLER INDUS COM 600551105 2550 75000 SH DEFINED 011619 75000
MILLER INDUS COM 600551105 9350 275000 SH DEFINED 011614 275000
MILLIPORE CORP COM 601073109 15300 400000 SH DEFINED 0106 400000
MILLIPORE CORP COM 601073109 179 4681 SH DEFINED 0103 4681
MILLS COM 601148109 5862 332600 SH DEFINED 0113 332600
MN MINING & MFG CO COM 604059105 12002 185000 SH DEFINED 0107 185000
MN MINING & MFG CO COM 604059105 513 7900 SH DEFINED 0102 7900
MN MINING & MFG CO COM 604059105 2858 44061 SH DEFINED 0103 44061
MN MINING & MFG CO COM 604059105 5839 90000 SH DEFINED 01 90000
MN POWER & LIGHT COM 604110106 233 8400 SH DEFINED 0102 8400
MN P & L 144A $100 PREFERRED STOCK 6041103#1 4970 50000 SH DEFINED 0105 50000
MN P & L 144A $100 PREFERRED STOCK 6041103#1 2982 30000 SH DEFINED 01 30000
MN P&L 144A 6.70 PREFERRED STOCK 604110999 9950 100000 SH DEFINED 0105 100000
MIRAGE RESORTS INC COM 60462E104 43875 1000000 SH DEFINED 0126 1000000
MRS FIELDS COM 60650*990 605 20176717 SH DEFINED 0105 20176717
MOBIL COM 607059102 115875 1000000 SH DEFINED 0126 1000000
MOBIL COM 607059102 28969 250000 SH DEFINED 0113 250000
MOBIL COM 607059102 23175 200000 SH DEFINED 0111 200000
MOBIL COM 607059102 12167 105000 SH DEFINED 0107 105000
MOBIL COM 607059102 4635 40000 SH DEFINED 011622 40000
MOBIL COM 607059102 9270 80000 SH DEFINED 011623 80000
MOBIL COM 607059102 132514 1143573 SH DEFINED 0102 1143573
<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
MOBIL COM 607059102 24913 215000 SH DEFINED 0131 215000
MOBIL COM 607059102 6410 55316 SH DEFINED 0103 55316
MOBIL COM 607059102 4635 40000 SH DEFINED 01 40000
MOBILE MEDIA CL A COM 607415106 6518 314100 SH DEFINED 0102 314100
MOBILE MEDIA CL A COM 607415106 4636 223400 SH DEFINED 0131 223400
MOBILE MEDIA CL A COM 607415106 608 29300 SH DEFINED 0103 29300
MOLEX INC COM 608554101 24014 688571 SH DEFINED 0102 688571
MOLEX INC CL A COM 608554200 41 1290 SH DEFINED 0102 1290
MONSANTO COMPANY COM 611662107 15350 100000 SH DEFINED 0130 100000
MONSANTO COMPANY COM 611662107 199550 1300000 SH DEFINED 0126 1300000
MONSANTO COMPANY COM 611662107 23025 150000 SH DEFINED 0111 150000
MONSANTO COMPANY COM 611662107 24253 158000 SH DEFINED 0124 158000
MONSANTO COMPANY COM 611662107 6462 42100 SH DEFINED 0125 42100
MONSANTO COMPANY COM 611662107 5851 38100 SH DEFINED 0102 38100
MONSANTO COMPANY COM 611662107 3762 24508 SH DEFINED 0103 24508
MONTANA POWER CO COM 612085100 238 11000 SH DEFINED 0102 11000
MOORE CORP COM 615785102 42900 2200000 SH DEFINED 011516 2200000
MOORE CORP COM 615785102 148 7600 SH DEFINED 0102 7600
MOORE CORP COM 615785102 204 10482 SH DEFINED 0103 10482
JP MORGAN & CO INC COM 616880100 16600 200000 SH DEFINED 0130 200000
JP MORGAN & CO INC COM 616880100 31125 375000 SH DEFINED 0113 375000
JP MORGAN & CO INC COM 616880100 14940 180000 SH DEFINED 0107 180000
JP MORGAN & CO INC COM 616880100 274 3300 SH DEFINED 0102 3300
JP MORGAN & CO INC COM 616880100 20750 250000 SH DEFINED 0131 250000
JP MORGAN & CO INC COM 616880100 2796 33689 SH DEFINED 0103 33689
JP MORGAN & CO INC COM 616880100 1411 17000 SH DEFINED 01 17000
JPMS-GANNETT MEDS CONV PFD STOCK 616880878 13425 200000 SH DEFINED 0107 200000
MORGAN STANLEY GROUP COM 617446109 10350 200000 SH DEFINED 0108 200000
MORGAN STANLEY GROUP COM 617446109 20700 400000 SH DEFINED 0126 400000
MORGAN STANLEY GROUP COM 617446109 2029 39200 SH DEFINED 0124 39200
MORGAN STANLEY GROUP COM 617446109 1139 22000 SH DEFINED 0125 22000
MORGAN STANLEY GROUP COM 617446109 139 2700 SH DEFINED 0102 2700
MORGAN STANLEY GROUP COM 617446109 5568 107600 SH DEFINED 0131 107600
MORGAN STANLEY GROUP COM 617446109 1159 22406 SH DEFINED 0103 22406
MS-AES CORP PEPS CONV PFD STOCK 617446596 6095 247500 SH DEFINED 0132 247500
MS-CONAGRA PEPS CONV PFD STOCK 617446612 14306 350000 SH DEFINED 0130 350000
MS-CONAGRA PEPS CONV PFD STOCK 617446612 13284 325000 SH DEFINED 0107 325000
MS-MERCK PEPS CONV PFD STOCK 617446620 14147 225000 SH DEFINED 0130 225000
MS-MERCK PEPS CONV PFD STOCK 617446620 13204 210000 SH DEFINED 0107 210000
MS-CITICORP CVT CONV PFD STOCK 617446638 19469 250000 SH DEFINED 0130 250000
MS-AIRTOUCH DEC CVT CONV PFD STOCK 617446653 15816 525000 SH DEFINED 0130 525000
MS-AIRTOUCH DEC CVT CONV PFD STOCK 617446653 13556 450000 SH DEFINED 0107 450000
MS-VISHAY INTER CVT PREFERRED STOCK 617446661 9344 325000 SH DEFINED 0130 325000
MS-VISHAY INTER CVT PREFERRED STOCK 617446661 10206 355000 SH DEFINED 0107 355000
MS-DURACELL DEC CVT CONV PFD STOCK 617446679 9628 195000 SH DEFINED 0130 195000
MS-DURACELL DEC CVT CONV PFD STOCK 617446679 6666 135000 SH DEFINED 0107 135000
MORTON INTERNATIONAL COM 619331101 1585 41300 SH DEFINED 0124 41300
MORTON INTERNATIONAL COM 619331101 484 12600 SH DEFINED 0125 12600
MORTON INTERNATIONAL COM 619331101 7675 200000 SH DEFINED 011618 200000
MORTON INTERNATIONAL COM 619331101 1266 33000 SH DEFINED 011620 33000
<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
MORTON INTERNATIONAL COM 619331101 8826 230000 SH DEFINED 011614 230000
MORTON INTERNATIONAL COM 619331101 30386 791686 SH DEFINED 0102 791686
MORTON INTERNATIONAL COM 619331101 5511 143600 SH DEFINED 0131 143600
MORTON INTERNATIONAL COM 619331101 1515 39511 SH DEFINED 0103 39511
MORTON INTERNATIONAL COM 619331101 1151 30000 SH DEFINED 01 30000
MOTOROLA COM 620076109 17490 330000 SH DEFINED 011516 330000
MOTOROLA COM 620076109 430 8081 SH DEFINED 0102 8081
MOTOROLA COM 620076109 3288 62040 SH DEFINED 0103 62040
MURPHY OIL COM 626717102 4288 100000 SH DEFINED 0128 100000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 12184 29900000 PRN DEFINED 0130 29900000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 3464 8500000 PRN DEFINED 0104 8500000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 14263 35000000 PRN DEFINED 0106 35000000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 2608 6400000 PRN DEFINED 011621 6400000
MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 815 2000000 PRN DEFINED 011620 2000000
MUTUAL RISK COM 628351108 16550 400000 SH DEFINED 0130 400000
MUTUAL RISK COM 628351108 1324 32000 SH DEFINED 011620 32000
MUTUAL RISK COM 628351108 14688 355000 SH DEFINED 0102 355000
MUTUAL RISK COM 628351108 497 12000 SH DEFINED 0103 12000
MYLAN LABS COM 628530107 28350 1350000 SH DEFINED 011516 1350000
MYLEX CORP COM 628546103 7125 300000 SH DEFINED 0106 300000
MYLEX CORP COM 628546103 2375 100000 SH DEFINED 011619 100000
MYLEX CORP COM 628546103 7600 320000 SH DEFINED 011614 320000
NCI BUILDING SYSTEMS COM 628852105 2740 80000 SH DEFINED 011619 80000
NAC RE 144A CONV BOND 628907AC1 12985 13250000 PRN DEFINED 0130 13250000
NAC RE 144A CONV BOND 628907AC1 3430 3500000 PRN DEFINED 0104 3500000
NAC RE 144A CONV BOND 628907AC1 1715 1750000 PRN DEFINED 011621 1750000
NIPSCO COM 629140104 13038 350000 SH DEFINED 0132 350000
NABORS INDUSTRIES IN COM 629568106 2423 170000 SH DEFINED 011619 170000
NABORS INDUSTRIES IN COM 629568106 9619 675000 SH DEFINED 011614 675000
NACCO IND CL A COM 629579103 54 945 SH DEFINED 0103 945
NALCO CHEMICAL COM 629853102 12300 400000 SH DEFINED 0130 400000
NALCO CHEMICAL COM 629853102 24600 800000 SH DEFINED 0113 800000
NALCO CHEMICAL COM 629853102 37 1200 SH DEFINED 0124 1200
NALCO CHEMICAL COM 629853102 14453 470000 SH DEFINED 0107 470000
NALCO CHEMICAL COM 629853102 217 7064 SH DEFINED 0103 7064
NAT'L AUTO CR HLDG COM 632900106 877 58000 SH DEFINED 011620 58000
NATIONAL CITY CORP COM 635405103 26344 750000 SH DEFINED 0113 750000
NATIONAL CITY CORP COM 635405103 537 15275 SH DEFINED 0103 15275
NATL ENT 4.75 CONV BOND 635819AA3 1 20000 PRN DEFINED 0102 20000
NATIONAL FUEL GAS CO COM 636180101 5194 150000 SH DEFINED 0132 150000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 2490 83000 SH DEFINED 0104 83000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1800 60000 SH DEFINED 0109 60000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 1200 40000 SH DEFINED 011621 40000
NATL HLTH INV $25 CONV PFD STOCK 63633D203 300 10000 SH DEFINED 011620 10000
NATIONAL PLC PP/WI COM 637194606 19382 928500 SH DEFINED 0130 928500
NATIONAL PLC PP/WI COM 637194606 3027 145000 SH DEFINED 0132 145000
NATL PRESTO IND COM 637215104 1392 34800 SH DEFINED 0128 34800
NATL SEMICONDUCTOR COM 637640103 198 14254 SH DEFINED 0103 14254
NATL SERVICES IND COM 637657107 184 5086 SH DEFINED 0103 5086
NAT CORP HOUSING COM 637995994 100 500 SH DEFINED 01 500
<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
NATIONS BANK COM 638585109 32050 400000 SH DEFINED 0130 400000
NATIONS BANK COM 638585109 36056 450000 SH DEFINED 0113 450000
NATIONS BANK COM 638585109 5368 67000 SH DEFINED 0124 67000
NATIONS BANK COM 638585109 3469 43300 SH DEFINED 0125 43300
NATIONS BANK COM 638585109 17628 220000 SH DEFINED 0107 220000
NATIONS BANK COM 638585109 392 4900 SH DEFINED 0102 4900
NATIONS BANK COM 638585109 28044 350000 SH DEFINED 0131 350000
NATIONS BANK COM 638585109 4132 51570 SH DEFINED 0103 51570
NATIONWIDE HEALTH COM 638620104 8400 400000 SH DEFINED 011618 400000
NATIONWIDE HEALTH COM 638620104 1302 62000 SH DEFINED 01 62000
NATURAL MICROSYSTEMS COM 638882100 2250 75000 SH DEFINED 011619 75000
NATURES SUNSHINE PRO COM 639027101 2253 87500 SH DEFINED 011619 87500
NAVISTAR INTL CORP COM 63934E108 1035 99809 SH DEFINED 0103 99809
NEDCOR WRWT COM 63975P111 454 110000 SH DEFINED 0130 110000
NEDCOR GDR'S COM 63975P202 6756 446521 SH DEFINED 0130 446521
NERA TELECOM ADS COM 640806105 1950 50000 SH DEFINED 011619 50000
NERA TELECOM ADS COM 640806105 10140 260000 SH DEFINED 011614 260000
NETWORK GENERAL COM 641210109 8000 200000 SH DEFINED 0106 200000
NETWORK GENERAL COM 641210109 12000 300000 SH DEFINED 011516 300000
NETWORK GENERAL COM 641210109 2000 50000 SH DEFINED 011619 50000
NETWORK GENERAL COM 641210109 10000 250000 SH DEFINED 011614 250000
NEUROMEDICAL SYSTEMS COM 64124H109 11 500 SH DEFINED 0102 500
NEUROMEDICAL SYSTEMS COM 64124H109 2793 128400 SH DEFINED 0131 128400
NEUROMEDICAL SYSTEMS COM 64124H109 154 7100 SH DEFINED 0103 7100
NEW ENGLAND BUS SERV COM 643872104 10385 620000 SH DEFINED 011516 620000
NJ NATL GAS 100 144A PREFERRED STOCK 645869207 20800 200000 SH DEFINED 0105 200000
NEW JERSEY RESOURCES COM 646025106 4444 153900 SH DEFINED 0128 153900
NEW JERSEY RESOURCES COM 646025106 10828 375000 SH DEFINED 0132 375000
NEW JERSEY RESOURCES COM 646025106 433 15000 SH DEFINED 01 15000
NEW WORLD COM 64927A103 15111 770000 SH DEFINED 011516 770000
NEW WORLD COM 64927A103 35 1800 SH DEFINED 0102 1800
NEW WORLD COM 64927A103 8097 412600 SH DEFINED 0131 412600
NEW WORLD COM 64927A103 451 23000 SH DEFINED 0103 23000
NEW YORK TIMES CLA COM 650111107 294 10129 SH DEFINED 0103 10129
NEWELL CO COM 651192106 26750 1000000 SH DEFINED 011516 1000000
NEWELL CO COM 651192106 10700 400000 SH DEFINED 011618 400000
NEWELL CO COM 651192106 445 16643 SH DEFINED 0103 16643
NEWFIELD EXPLORATION COM 651290108 8090 265300 SH DEFINED 0102 265300
NEWFIELD EXPLORATION COM 651290108 259 8500 SH DEFINED 0103 8500
NEWMONT GOLD CORP COM 651637100 2189 39000 SH DEFINED 0127 39000
NEWMONT MINING COM 651639106 16988 300000 SH DEFINED 0130 300000
NEWMONT MINING COM 651639106 31710 560000 SH DEFINED 0126 560000
NEWMONT MINING COM 651639106 8494 150000 SH DEFINED 011618 150000
NEWMONT MINING COM 651639106 560 9883 SH DEFINED 0103 9883
NEWS CORP LTD ADR COM 652487703 23000 1000000 SH DEFINED 0126 1000000
NEWS CORP LTD ADR COM 652487703 11500 500000 SH DEFINED 011516 500000
NEWS CORP ADR PFD COM 652487802 20250 1000000 SH DEFINED 0130 1000000
NEXTEL COMMUNICATION COM 65332V103 49075 2600000 SH DEFINED 011516 2600000
NIAGARA MOHAWK POWER COM 653522102 100 15139 SH DEFINED 0103 15139
NICOR COM 654086107 6019 225000 SH DEFINED 0132 225000
<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
NICOR COM 654086107 141 5285 SH DEFINED 0103 5285
NIKE INC CL B COM 654106103 24375 300000 SH DEFINED 0126 300000
NIKE INC CL B COM 654106103 40625 500000 SH DEFINED 0111 500000
NIKE INC CL B COM 654106103 2828 34800 SH DEFINED 0124 34800
NIKE INC CL B COM 654106103 780 9600 SH DEFINED 0125 9600
NIKE INC CL B COM 654106103 4063 50000 SH DEFINED 011622 50000
NIKE INC CL B COM 654106103 8938 110000 SH DEFINED 011623 110000
NIKE INC CL B COM 654106103 366 4500 SH DEFINED 0102 4500
NIKE INC CL B COM 654106103 9978 122800 SH DEFINED 0131 122800
NIKE INC CL B COM 654106103 1977 24338 SH DEFINED 0103 24338
NOKIA PREFERRED COM 654902204 17125 500000 SH DEFINED 0130 500000
NOKIA PREFERRED COM 654902204 2569 75000 SH DEFINED 0132 75000
NOKIA PREFERRED COM 654902204 6850 200000 SH DEFINED 011618 200000
NOKIA PREFERRED COM 654902204 5046 147325 SH DEFINED 01 147325
NOBLE DRILLING CORP COM 655042109 2069 167200 SH DEFINED 011619 167200
NOBLE DRILLING CORP COM 655042109 8932 721800 SH DEFINED 011614 721800
NORAM ENERGY CORP COM 655419109 58452 6319117 SH DEFINED 0103 6319117
NORDBANKEN AB-ADR COM 65555R102 3300 100000 SH DEFINED 0135 100000
NORDSTROM INC COM 655664100 24219 500000 SH DEFINED 0130 500000
NORDSTROM INC COM 655664100 10898 225000 SH DEFINED 0108 225000
NORDSTROM INC COM 655664100 24219 500000 SH DEFINED 0113 500000
NORDSTROM INC COM 655664100 3008 62100 SH DEFINED 0124 62100
NORDSTROM INC COM 655664100 315 6500 SH DEFINED 0125 6500
NORDSTROM INC COM 655664100 581 12000 SH DEFINED 011620 12000
NORDSTROM INC COM 655664100 195 4000 SH DEFINED 0102 4000
NORDSTROM INC COM 655664100 23008 475000 SH DEFINED 0131 475000
NORDSTROM INC COM 655664100 1610 33227 SH DEFINED 0103 33227
NORDSTROM INC COM 655664100 969 20000 SH DEFINED 01 20000
NORFOLK SOUTHERN CO COM 655844108 17000 200000 SH DEFINED 0130 200000
NORFOLK SOUTHERN CO COM 655844108 21250 250000 SH DEFINED 0113 250000
NORFOLK SOUTHERN CO COM 655844108 102 1200 SH DEFINED 0102 1200
NORFOLK SOUTHERN CO COM 655844108 17000 200000 SH DEFINED 0131 200000
NORFOLK SOUTHERN CO COM 655844108 1787 21026 SH DEFINED 0103 21026
NO EUROPEAN OIL RTY COM 659310106 71 5200 SH DEFINED 0102 5200
NORTHEAST UTILITIES COM 664397106 93 4700 SH DEFINED 0102 4700
NORTHRN ST PWR CO MN COM 665772109 19500 400000 SH DEFINED 0113 400000
NORTHRN ST PWR CO MN COM 665772109 9750 200000 SH DEFINED 0132 200000
NORTHRN ST PWR CO MN COM 665772109 5031 103200 SH DEFINED 0125 103200
NORTHRN ST PWR CO MN COM 665772109 11700 240000 SH DEFINED 0107 240000
NORTHRN ST PWR CO MN COM 665772109 14625 300000 SH DEFINED 011618 300000
NORTHRN ST PWR CO MN COM 665772109 693 14200 SH DEFINED 0102 14200
NORTHRN ST PWR CO MN COM 665772109 1191 24446 SH DEFINED 0103 24446
NORTHRN ST PWR CO MN COM 665772109 1463 30000 SH DEFINED 01 30000
NORTHRN TELECOM COM 665815106 15519 325000 SH DEFINED 0130 325000
NORTHRN TELECOM COM 665815106 9550 200000 SH DEFINED 0132 200000
NORTHRN TELECOM COM 665815106 15624 327200 SH DEFINED 0124 327200
NORTHRN TELECOM COM 665815106 3481 72900 SH DEFINED 0125 72900
NORTHRN TELECOM COM 665815106 9550 200000 SH DEFINED 011618 200000
NORTHRN TELECOM COM 665815106 8595 180000 SH DEFINED 011614 180000
NORTHRN TELECOM COM 665815106 8876 185844 SH DEFINED 0102 185844
<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
NORTHRN TELECOM COM 665815106 2309 48358 SH DEFINED 0103 48358
NORTHRN TELECOM COM 665815106 7198 150750 SH DEFINED 01 150750
NORTHROP GRUMMAN COR COM 666807102 89 1400 SH DEFINED 0102 1400
NORTHROP GRUMMAN COR COM 666807102 331 5200 SH DEFINED 0103 5200
NWA COM 667280101 25625 500000 SH DEFINED 0111 500000
NWA COM 667280101 3844 75000 SH DEFINED 011622 75000
NWA COM 667280101 7688 150000 SH DEFINED 011623 150000
NWA COM 667280101 1430 27900 SH DEFINED 011619 27900
NWA COM 667280101 6258 122100 SH DEFINED 011614 122100
NWA COM 667280101 283 5500 SH DEFINED 0102 5500
NORWEST CORP COM 669380107 14700 400000 SH DEFINED 0130 400000
NORWEST CORP COM 669380107 99225 2700000 SH DEFINED 0126 2700000
NORWEST CORP COM 669380107 29400 800000 SH DEFINED 0113 800000
NORWEST CORP COM 669380107 11830 321900 SH DEFINED 0124 321900
NORWEST CORP COM 669380107 3914 106500 SH DEFINED 0125 106500
NORWEST CORP COM 669380107 25725 700000 SH DEFINED 011516 700000
NORWEST CORP COM 669380107 18375 500000 SH DEFINED 011618 500000
NORWEST CORP COM 669380107 57332 1560095 SH DEFINED 0102 1560095
NORWEST CORP COM 669380107 23888 650000 SH DEFINED 0131 650000
NORWEST CORP COM 669380107 3904 106217 SH DEFINED 0103 106217
NOVELL INC COM 670006105 124 9300 SH DEFINED 0124 9300
NOVELL INC COM 670006105 20 1500 SH DEFINED 0125 1500
NOVELL INC COM 670006105 189925 14200000 SH DEFINED 011516 14200000
NOVELL INC COM 670006105 363 27073 SH DEFINED 0102 27073
NOVELL INC COM 670006105 517 38621 SH DEFINED 0103 38621
NUCOR CORP COM 670346105 57304 969200 SH DEFINED 0111 969200
NUCOR CORP COM 670346105 7095 120000 SH DEFINED 011622 120000
NUCOR CORP COM 670346105 15786 267000 SH DEFINED 011623 267000
NUCOR CORP COM 670346105 1892 32000 SH DEFINED 011619 32000
NUCOR CORP COM 670346105 8869 150000 SH DEFINED 011614 150000
NUCOR CORP COM 670346105 117962 1995097 SH DEFINED 0102 1995097
NUCOR CORP COM 670346105 1317 22287 SH DEFINED 0103 22287
NUCOR CORP COM 670346105 14664 248024 SH DEFINED 01 248024
NUEVO ENERGY CO COM 670509108 6469 225000 SH DEFINED 0106 225000
NYNEX CABLE ADS COM 670764109 1141 71900 SH DEFINED 0130 71900
NYNEX CABLE ADS COM 670764109 4018 253100 SH DEFINED 0135 253100
NYNEX COM 670768100 9975 200000 SH DEFINED 0132 200000
NYNEX COM 670768100 2252 45143 SH DEFINED 0103 45143
OASIS COM 674216106 3995 170000 SH DEFINED 0107 170000
OASIS COM 674216106 516 21960 SH DEFINED 01 21960
OCCIDENTAL PETROLEUM COM 674599105 894 33439 SH DEFINED 0103 33439
OFFICE MAX COM 67622M108 15156 625000 SH DEFINED 0106 625000
OFFICE MAX COM 67622M108 2960 122050 SH DEFINED 01 94000 28050
OFFICE DEPOT INC COM 676220106 6406 326432 SH DEFINED 0103 326432
OFFICE DEPOT INC COM 676220106 3617 184310 SH DEFINED 01 184310
OGDEN CORP COM 676346109 335 17200 SH DEFINED 0102 17200
OGDEN CORP COM 676346109 100 5137 SH DEFINED 0103 5137
OHIO EDISON COM 677347106 362 16015 SH DEFINED 0103 16015
OHIO POWER CO $100 PREFERRED STOCK 677415796 3465 36000 SH DEFINED 0105 36000
OLIN COM 680665205 113 1300 SH DEFINED 0102 1300
<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
OLSTEN CORP COM 681385100 19350 600000 SH DEFINED 0111 600000
OLSTEN CORP COM 681385100 20318 630000 SH DEFINED 011618 630000
OLSTEN CORP COM 681385100 2419 75000 SH DEFINED 011619 75000
OLSTEN CORP COM 681385100 10159 315000 SH DEFINED 011614 315000
OLSTEN CORP COM 681385100 248 7650 SH DEFINED 0102 7650
OLSTEN CORP COM 681385100 6337 196500 SH DEFINED 0131 196500
OLSTEN CORP COM 681385100 363 11250 SH DEFINED 0103 11250
OMNICARE, INC. COM 681904108 28883 536100 SH DEFINED 0102 536100
OMNICARE, INC. COM 681904108 776 14400 SH DEFINED 0103 14400
OMEGA HEALTH CARE CONV BOND 681936AG5 4120 4000000 PRN DEFINED 0104 4000000
OMEGA HEALTH CARE COM 681936100 5725 200000 SH DEFINED 0130 200000
OMEGA HEALTH CARE COM 681936100 8588 300000 SH DEFINED 0113 300000
OMEGA HEALTH CARE COM 681936100 5153 180000 SH DEFINED 0107 180000
OMEGA HEALTH CARE COM 681936100 279 9748 SH DEFINED 01 9748
OMNIPOINT CORP COM 68212D102 997 39100 SH DEFINED 0131 39100
ONEOK INC COM 682678107 68 2834 SH DEFINED 0103 2834
OPTICAL SENSORS COM 68384P107 249 20200 SH DEFINED 0131 20200
ORACLE CORP COM COM 68389X105 117813 2500000 SH DEFINED 0126 2500000
ORACLE CORP COM COM 68389X105 42413 900000 SH DEFINED 0111 900000
ORACLE CORP COM COM 68389X105 2436 51700 SH DEFINED 0124 51700
ORACLE CORP COM COM 68389X105 1013 21500 SH DEFINED 0125 21500
ORACLE CORP COM COM 68389X105 4713 100000 SH DEFINED 0135 100000
ORACLE CORP COM COM 68389X105 9425 200000 SH DEFINED 011622 200000
ORACLE CORP COM COM 68389X105 21395 454000 SH DEFINED 011623 454000
ORACLE CORP COM COM 68389X105 4713 100000 SH DEFINED 011618 100000
ORACLE CORP COM COM 68389X105 20028 425000 SH DEFINED 011614 425000
ORACLE CORP COM COM 68389X105 1566 33226 SH DEFINED 0102 33226
ORACLE CORP COM COM 68389X105 21277 451500 SH DEFINED 0131 451500
ORACLE CORP COM COM 68389X105 3530 74902 SH DEFINED 0103 74902
ORACLE CORP COM COM 68389X105 4838 102660 SH DEFINED 01 102660
ORANGE ROCKLAND$100 PREFERRED STOCK 6840654*3 1323 13098 SH DEFINED 0105 13098
ORANGE ADS COM 685211104 1769 103300 SH DEFINED 0135 103300
ORANGE ADS COM 685211104 843 49200 SH DEFINED 011619 49200
ORANGE ADS COM 685211104 3622 211500 SH DEFINED 011614 211500
ORANGE ADS COM 685211104 2059 120200 SH DEFINED 0102 120200
ORANGE ADS COM 685211104 2106 123000 SH DEFINED 0131 123000
ORANGE ADS COM 685211104 180 10500 SH DEFINED 0103 10500
ORION NETWORK SYS COM 68628K104 3981 350000 SH DEFINED 0135 350000
ORNDA HEALTH COM 686857103 2156 75000 SH DEFINED 011619 75000
ORNDA HEALTH COM 686857103 9631 335000 SH DEFINED 011614 335000
ORNDA HEALTH COM 686857103 647 22531 SH DEFINED 0102 22531
ORYX ENERGY CO COM 68763F100 152 10977 SH DEFINED 0103 10977
OUTBACK STEAKHOUSE COM 689899102 1960 52000 SH DEFINED 011619 52000
OUTBACK STEAKHOUSE COM 689899102 8480 225000 SH DEFINED 011614 225000
OUTBOARD MARINE COM 690020102 39 2037 SH DEFINED 0103 2037
OWENS CORNIG FIB NEW COM 69073F103 217 5399 SH DEFINED 0103 5399
OWENS & MINOR INC COM 690732102 34800 2900000 SH DEFINED 011516 2900000
OXFORD RESOURCES COR COM 691808109 8400 300000 SH DEFINED 0111 300000
OXFORD RESOURCES COR COM 691808109 168 6000 SH DEFINED 0102 6000
PECO ENERGY COM 693304107 19969 750000 SH DEFINED 0113 750000
<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
PECO ENERGY COM 693304107 9319 350000 SH DEFINED 0132 350000
PECO ENERGY COM 693304107 7988 300000 SH DEFINED 011618 300000
PECO ENERGY COM 693304107 11 400 SH DEFINED 0102 400
PECO ENERGY COM 693304107 17306 650000 SH DEFINED 0131 650000
PECO ENERGY COM 693304107 1393 52306 SH DEFINED 0103 52306
PNC FINL CORP COM 693475105 234 7600 SH DEFINED 0102 7600
PNC FINL CORP COM 693475105 1101 35821 SH DEFINED 0103 35821
PP & L RESOURCES COM 693499105 407 16690 SH DEFINED 0103 16690
PPG INDUSTRIES INC COM 693506107 117 2400 SH DEFINED 0102 2400
PPG INDUSTRIES INC COM 693506107 23216 475000 SH DEFINED 0131 475000
PPG INDUSTRIES INC COM 693506107 1968 40260 SH DEFINED 0103 40260
PT TRI POLYTA COM 69365B109 3219 250000 SH DEFINED 0135 250000
TAMBANG TIMAHGDR144A COM 69365J102 10050 600000 SH DEFINED 0135 600000
PXRE CORP COM 693674103 6375 250000 SH DEFINED 0106 250000
PACCAR INC COM 693718108 199 4083 SH DEFINED 0103 4083
PACIFIC ENTERPRISES COM 694232109 101 3900 SH DEFINED 0102 3900
PACIFIC ENTERPRISES COM 694232109 230 8893 SH DEFINED 0103 8893
PACIFIC GAS & ELEC COM 694308107 290 12800 SH DEFINED 0102 12800
PACIFIC GAS & ELEC COM 694308107 995 43988 SH DEFINED 0103 43988
PACIFIC GAS & ELEC PREFERRED STOCK 694308651 606 24000 SH DEFINED 0105 24000
PACIFIC GAS & ELEC PREFERRED STOCK 694308693 13478 567500 SH DEFINED 0105 567500
PACIFIC TELESIS COM 694890104 588 21300 SH DEFINED 0102 21300
PACIFIC TELESIS COM 694890104 1242 44977 SH DEFINED 0103 44977
PACIFICARE HEALTHCLB COM 695110205 25575 300000 SH DEFINED 011618 300000
PACIFICORP COM 695114108 642 30741 SH DEFINED 0103 30741
PACIFICORP $100 PAR PREFERRED STOCK 695114678 16463 150000 SH DEFINED 0105 150000
PACIFICORP $100 PAR PREFERRED STOCK 695114678 1098 10000 SH DEFINED 0116 10000
PAGEMART NATIONWIDE COM 69553Q108 476 50750 SH DEFINED 0109 50750
PAGING NETWORK INC. COM 695542100 1750 70000 SH DEFINED 011619 70000
PAGING NETWORK INC. COM 695542100 8125 325000 SH DEFINED 011614 325000
PAGING NETWORK INC. COM 695542100 15744 629700 SH DEFINED 0102 629700
PAGING NETWORK INC. COM 695542100 5680 227200 SH DEFINED 0131 227200
PAGING NETWORK INC. COM 695542100 848 33900 SH DEFINED 0103 33900
PAINEWEBBER MASTER COM 695910885 1 137 SH DEFINED 01 137
PAIR GAIN TECH COM 695934109 2914 45000 SH DEFINED 011619 45000
PALL CORP COM 696429307 11531 450000 SH DEFINED 0108 450000
PALL CORP COM 696429307 1794 70000 SH DEFINED 011619 70000
PALL CORP COM 696429307 7688 300000 SH DEFINED 011614 300000
PALL CORP COM 696429307 10 400 SH DEFINED 0102 400
PALL CORP COM 696429307 2299 89700 SH DEFINED 0131 89700
PALL CORP COM 696429307 434 16930 SH DEFINED 0103 16930
PANAMSAT CORP COM 69830X108 4575 150000 SH DEFINED 0109 150000
PANHANDLE EASTERN COM 698462108 10116 325000 SH DEFINED 0132 325000
PANHANDLE EASTERN COM 698462108 491 15769 SH DEFINED 0103 15769
PARAGON CORP COM 699116109 7931 450000 SH DEFINED 0113 450000
PARAMETRIC TECH CORP COM 699173100 9781 250000 SH DEFINED 0108 250000
PARAMETRIC TECH CORP COM 699173100 93900 2400000 SH DEFINED 0126 2400000
PARAMETRIC TECH CORP COM 699173100 8803 225000 SH DEFINED 0106 225000
PARAMETRIC TECH CORP COM 699173100 5384 137600 SH DEFINED 011622 137600
PARAMETRIC TECH CORP COM 699173100 11878 303600 SH DEFINED 011623 303600
<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
PARAMETRIC TECH CORP COM 699173100 2582 66000 SH DEFINED 011619 66000
PARAMETRIC TECH CORP COM 699173100 17606 450000 SH DEFINED 011614 450000
PARAMETRIC TECH CORP COM 699173100 60698 1551400 SH DEFINED 0102 1551400
PARAMETRIC TECH CORP COM 699173100 26214 670000 SH DEFINED 0131 670000
PARAMETRIC TECH CORP COM 699173100 3216 82200 SH DEFINED 0103 82200
PARAMETRIC TECH CORP COM 699173100 1643 42000 SH DEFINED 01 42000
PARK ELECTROCHEMICAL CONV BOND 700416AB6 4230 4500000 PRN DEFINED 011614 4500000
PARKER & PARSLEY PET COM 701018103 6900 300000 SH DEFINED 0106 300000
PARKER-HANNIFIN COM 701094104 292 7793 SH DEFINED 0103 7793
PAYCHEX INC COM 704326107 20475 350000 SH DEFINED 011614 350000
PAYCHEX INC COM 704326107 38985 666387 SH DEFINED 0102 666387
PAYCHEX INC COM 704326107 9319 159300 SH DEFINED 0131 159300
PAYCHEX INC COM 704326107 2954 50500 SH DEFINED 0103 50500
PEGASUS GOLD CORP COM 70556K106 1463 100000 SH DEFINED 0127 100000
PEGASUS MED COMM COM 70557G104 225 750 SH DEFINED 0109 750
PENNCORP FINANCIAL G COM 708094107 6300 200000 SH DEFINED 0128 200000
PENNCORP FINANCIAL G COM 708094107 2583 82000 SH DEFINED 011619 82000
PENNCORP FINANCIAL G COM 708094107 11813 375000 SH DEFINED 011614 375000
PENNCORP FINANCIAL G COM 708094107 22162 703600 SH DEFINED 0102 703600
PENNCORP FINANCIAL G COM 708094107 8508 270100 SH DEFINED 0131 270100
PENNCORP FINANCIAL G COM 708094107 1071 34000 SH DEFINED 0103 34000
PENNEY J C COM 708160106 27363 550000 SH DEFINED 0130 550000
PENNEY J C COM 708160106 12189 245000 SH DEFINED 0107 245000
PENNEY J C COM 708160106 433 8700 SH DEFINED 0102 8700
PENNEY J C COM 708160106 1168 23480 SH DEFINED 0103 23480
PENN P&L PFD $100 PREFERRED STOCK 709051643 2776 28000 SH DEFINED 0105 28000
PENN P&L $100 PAR PREFERRED STOCK 709051684 5971 60000 SH DEFINED 0105 60000
PENTAIR INC COM 709631105 2215 87725 SH DEFINED 0103 87725
PENNZOIL COM 709903108 193 4864 SH DEFINED 0103 4864
PEOPLES CHOICE TV CO COM 710847104 8669 475000 SH DEFINED 011516 475000
PEOPLES ENERGY CORP COM 711030106 119 3662 SH DEFINED 0103 3662
PEOPLE SOFT COM 712713106 10063 175000 SH DEFINED 0106 175000
PEOPLE SOFT COM 712713106 2300 40000 SH DEFINED 011619 40000
PEOPLE SOFT COM 712713106 8625 150000 SH DEFINED 011614 150000
PEOPLE SOFT COM 712713106 1725 30000 SH DEFINED 01 30000
PEP BOYS COM 713278109 20100 600000 SH DEFINED 0130 600000
PEP BOYS COM 713278109 15075 450000 SH DEFINED 0108 450000
PEP BOYS COM 713278109 13400 400000 SH DEFINED 011618 400000
PEP BOYS COM 713278109 2178 65000 SH DEFINED 011619 65000
PEP BOYS COM 713278109 9548 285000 SH DEFINED 011614 285000
PEP BOYS COM 713278109 18211 543675 SH DEFINED 0102 543675
PEP BOYS COM 713278109 218 6511 SH DEFINED 0103 6511
PEP BOYS COM 713278109 975 29100 SH DEFINED 01 29100
PEPSICO COM 713448108 25300 400000 SH DEFINED 0130 400000
PEPSICO COM 713448108 69575 1100000 SH DEFINED 0126 1100000
PEPSICO COM 713448108 14263 225500 SH DEFINED 0124 225500
PEPSICO COM 713448108 3618 57200 SH DEFINED 0125 57200
PEPSICO COM 713448108 2340 37000 SH DEFINED 011620 37000
PEPSICO COM 713448108 854 13500 SH DEFINED 0102 13500
PEPSICO COM 713448108 6225 98421 SH DEFINED 0103 98421
<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
PERCLOSE COM 71361C107 818 34800 SH DEFINED 0111 34800
PERCLOSE COM 71361C107 141 6000 SH DEFINED 011622 6000
PERCLOSE COM 71361C107 310 13200 SH DEFINED 011623 13200
PERCLOSE COM 71361C107 1175 50000 SH DEFINED 011620 50000
PEREZ COMPANC SA ADR COM 713665107 9056 800000 SH DEFINED 0130 800000
PEREZ COMPANC SA ADR COM 713665107 8490 750000 SH DEFINED 0135 750000
PEREZ COMP ADR-DIV COM 713665990 1177 104000 SH DEFINED 0130 104000
PEREZ COMP ADR-DIV COM 713665990 883 78000 SH DEFINED 0135 78000
PERKIN ELMER COM 714041100 244 4515 SH DEFINED 0103 4515
PERKIN ELMER COM 714041100 3464 64000 SH DEFINED 01 64000
PETSMART COM 716768106 1269 35000 SH DEFINED 011619 35000
PETSMART COM 716768106 7250 200000 SH DEFINED 011614 200000
PETSMART COM 716768106 30464 840385 SH DEFINED 0102 840385
PETSMART COM 716768106 6628 182850 SH DEFINED 0131 182850
PETSMART COM 716768106 1300 35850 SH DEFINED 0103 35850
PHARMACIA & UPJOHN COM 716941109 5981 150000 SH DEFINED 0108 150000
PHARMACIA & UPJOHN COM 716941109 1109 27800 SH DEFINED 0124 27800
PHARMACIA & UPJOHN COM 716941109 479 12000 SH DEFINED 0125 12000
PHARMACIA & UPJOHN COM 716941109 11364 285000 SH DEFINED 0107 285000
PHARMACIA & UPJOHN COM 716941109 15950 400000 SH DEFINED 011516 400000
PHARMACIA & UPJOHN COM 716941109 1475 37000 SH DEFINED 011620 37000
PHARMACIA & UPJOHN COM 716941109 282 7060 SH DEFINED 0102 7060
PHARMACIA & UPJOHN COM 716941109 2165 54281 SH DEFINED 0103 54281
PFIZER COM 717081103 33500 500000 SH DEFINED 0130 500000
PFIZER COM 717081103 227800 3400000 SH DEFINED 0126 3400000
PFIZER COM 717081103 40200 600000 SH DEFINED 0111 600000
PFIZER COM 717081103 27698 413400 SH DEFINED 0124 413400
PFIZER COM 717081103 6559 97900 SH DEFINED 0125 97900
PFIZER COM 717081103 9568 142800 SH DEFINED 011622 142800
PFIZER COM 717081103 21185 316200 SH DEFINED 011623 316200
PFIZER COM 717081103 30150 450000 SH DEFINED 011618 450000
PFIZER COM 717081103 1977 29500 SH DEFINED 011620 29500
PFIZER COM 717081103 77519 1156951 SH DEFINED 0102 1156951
PFIZER COM 717081103 20730 309400 SH DEFINED 0131 309400
PFIZER COM 717081103 6660 99388 SH DEFINED 0103 99388
PFIZER COM 717081103 8442 126000 SH DEFINED 01 126000
PHELPS DODGE COM 717265102 500 7280 SH DEFINED 0103 7280
PHILIP MORRIS COM 718154107 30713 350000 SH DEFINED 0130 350000
PHILIP MORRIS COM 718154107 32906 375000 SH DEFINED 0113 375000
PHILIP MORRIS COM 718154107 43840 499600 SH DEFINED 0124 499600
PHILIP MORRIS COM 718154107 9679 110300 SH DEFINED 0125 110300
PHILIP MORRIS COM 718154107 19744 225000 SH DEFINED 0107 225000
PHILIP MORRIS COM 718154107 2457 28000 SH DEFINED 011620 28000
PHILIP MORRIS COM 718154107 38643 440360 SH DEFINED 0102 440360
PHILIP MORRIS COM 718154107 21060 240000 SH DEFINED 0131 240000
PHILIP MORRIS COM 718154107 11525 131337 SH DEFINED 0103 131337
PHILIP MORRIS COM 718154107 12911 147130 SH DEFINED 01 99030 48100
PHILIPPINE COM BANK COM 718200991 4175 364380 SH DEFINED 0112 364380
PHILIPPINE COM BANK COM 718200991 5053 441000 SH DEFINED 011617 441000
PHILIPPINE LONG DIST COM 718252604 5591 105000 SH DEFINED 0112 105000
<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
PHILIPPINE LONG DIST COM 718252604 7024 131900 SH DEFINED 011617 131900
PHILLIPS PETROLEUM COM 718507106 1087 27517 SH DEFINED 0103 27517
PHOENIX SHANNON 144A CONV BOND 719138AA7 1990 2000000 PRN DEFINED 0104 2000000
PHYCOR COM 71940F100 47592 1081600 SH DEFINED 0102 1081600
PHYCOR COM 71940F100 1393 31650 SH DEFINED 0103 31650
PHYSICIAN SUPPORT SY COM 71940V105 343 20000 SH DEFINED 0106 20000
PINNACLE WEST CAPITA COM 723484101 10828 375000 SH DEFINED 0132 375000
PINNACLE WEST CAPITA COM 723484101 8663 300000 SH DEFINED 011618 300000
PIONEER GROUP COM 723684106 290 10000 SH DEFINED 0127 10000
PIONEER HI-BRED COM 723686101 7894 150000 SH DEFINED 0108 150000
PIONEER HI-BRED COM 723686101 21050 400000 SH DEFINED 0126 400000
PIONEER HI-BRED COM 723686101 14998 285000 SH DEFINED 011618 285000
PIONEER HI-BRED COM 723686101 7821 148640 SH DEFINED 0102 148640
PIONEER HI-BRED COM 723686101 640 12163 SH DEFINED 0103 12163
PIONEER HI-BRED COM 723686101 500 9500 SH DEFINED 01 9500
PIONEER STANDARD ELE COM 723877106 6150 400000 SH DEFINED 0128 400000
PITNEY BOWES COM 724479100 17150 350000 SH DEFINED 0130 350000
PITNEY BOWES COM 724479100 4851 99000 SH DEFINED 0124 99000
PITNEY BOWES COM 724479100 711 14500 SH DEFINED 0125 14500
PITNEY BOWES COM 724479100 13230 270000 SH DEFINED 0107 270000
PITNEY BOWES COM 724479100 437 8900 SH DEFINED 0102 8900
PITNEY BOWES COM 724479100 1197 24415 SH DEFINED 0103 24415
PITTSTON BRINKS GRP COM 725701106 27 1000 SH DEFINED 0102 1000
PITTSTON BRINKS GRP COM 725701106 5519 206300 SH DEFINED 0131 206300
PITTSTON BRINKS GRP COM 725701106 46922 1754107 SH DEFINED 0103 1754107
PITTSTON MINERALS GP COM 725701205 6735 456599 SH DEFINED 0103 456599
PITTSTON MIN $3.125 CONV PFD STOCK 725701403 5700 150000 SH DEFINED 0130 150000
PITTSTON BURLINGTON COM 725701882 17211 877019 SH DEFINED 0103 877019
PLACER DOME INC COM 725906101 11550 400000 SH DEFINED 0124 400000
PLACER DOME INC COM 725906101 2166 75000 SH DEFINED 0127 75000
PLACER DOME INC COM 725906101 4054 140400 SH DEFINED 0125 140400
PLACER DOME INC COM 725906101 10064 348500 SH DEFINED 0102 348500
PLACER DOME INC COM 725906101 1658 57395 SH DEFINED 0103 57395
PLASMA MATERIALS COM 72753M109 351 27500 SH DEFINED 011614 27500
PLATINUM TECH INC COM 72764T101 7563 500000 SH DEFINED 0106 500000
PLATINUM TECH INC COM 72764T101 1650 109070 SH DEFINED 01 109070
PLIVA GDR COM 72917Q103 326 17400 SH DEFINED 0128 17400
PLIVA GDR COM 72917Q103 722 38600 SH DEFINED 0135 38600
POGO PRODUCING CO COM 730448107 7031 225000 SH DEFINED 0106 225000
POGO PRODUCING CO COM 730448107 2188 70000 SH DEFINED 011619 70000
POGO PRODUCING CO COM 730448107 10156 325000 SH DEFINED 011614 325000
POGO PRODUCING CO COM 730448107 39290 1257200 SH DEFINED 0102 1257200
POGO PRODUCING CO COM 730448107 10522 336700 SH DEFINED 0131 336700
POGO PRODUCING CO COM 730448107 1678 53700 SH DEFINED 0103 53700
POGO PRODUCING CO COM 730448107 1408 45045 SH DEFINED 01 45045
POLARIS INDS INC COM 731068102 6150 200000 SH DEFINED 0128 200000
POLAROID COM 731095105 215 4770 SH DEFINED 0103 4770
POLICY MGMT SYSTEMS COM 731108106 38250 850000 SH DEFINED 011516 850000
POLICY MGMT SYSTEMS COM 731108106 403 8970 SH DEFINED 0102 8970
PORTLAND GENERAL COR COM 736506106 9225 300000 SH DEFINED 0132 300000
<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
PORTUCELL ADS COM 737262105 6021 1000000 SH DEFINED 0135 1000000
POSSIS MEDICAL INC COM 737407106 2040 120000 SH DEFINED 011619 120000
POSSIS MEDICAL INC COM 737407106 7 400 SH DEFINED 0102 400
POTLATCH CORP COM 737628107 131 3053 SH DEFINED 0103 3053
POWERGEN PLC ADR COM 738905603 18600 775000 SH DEFINED 0130 775000
POWERGEN PLC ADR COM 738905603 2160 90000 SH DEFINED 0132 90000
PRAXAIR COM 74005P104 7975 200000 SH DEFINED 0130 200000
PRAXAIR COM 74005P104 10966 275000 SH DEFINED 0108 275000
PRAXAIR COM 74005P104 20934 525000 SH DEFINED 0126 525000
PRAXAIR COM 74005P104 15352 385000 SH DEFINED 0124 385000
PRAXAIR COM 74005P104 3214 80600 SH DEFINED 0125 80600
PRAXAIR COM 74005P104 2353 59000 SH DEFINED 011620 59000
PRAXAIR COM 74005P104 12959 325000 SH DEFINED 011614 325000
PRAXAIR COM 74005P104 17435 437251 SH DEFINED 0102 437251
PRAXAIR COM 74005P104 14431 361900 SH DEFINED 0131 361900
PRAXAIR COM 74005P104 2434 61041 SH DEFINED 0103 61041
PRECISION CASTPARTS COM 740189105 1920 48000 SH DEFINED 011620 48000
PRECISION CASTPARTS COM 740189105 14408 360200 SH DEFINED 0102 360200
PRECISION CASTPARTS COM 740189105 5256 131400 SH DEFINED 0131 131400
PRECISION CASTPARTS COM 740189105 696 17400 SH DEFINED 0103 17400
PREMARK INTL INC COM 740459102 344 6422 SH DEFINED 0103 6422
PRICE COSTCO COM 74143W102 384 20497 SH DEFINED 0103 20497
PRIDE PETROLEUM SVCS COM 741541106 1978 140000 SH DEFINED 011619 140000
PRIMADONNA COM 741548101 24400 1600000 SH DEFINED 011516 1600000
PRIMARK CORP COM 741903108 525 14206 SH DEFINED 0102 14206
PROCTER & GAMBLE COM 742718109 12340 145600 SH DEFINED 0130 145600
PROCTER & GAMBLE COM 742718109 118650 1400000 SH DEFINED 0126 1400000
PROCTER & GAMBLE COM 742718109 36443 430000 SH DEFINED 011618 430000
PROCTER & GAMBLE COM 742718109 98950 1167627 SH DEFINED 0102 1167627
PROCTER & GAMBLE COM 742718109 6536 77116 SH DEFINED 0103 77116
PRISM SOLUTIONS COM 742947104 1325 50000 SH DEFINED 011619 50000
PRISM SOLUTIONS COM 742947104 5035 190000 SH DEFINED 011614 190000
PRISM SOLUTIONS COM 742947104 166 6300 SH DEFINED 0102 6300
PRISM SOLUTIONS COM 742947104 209 7900 SH DEFINED 0131 7900
PRODUCTION OPERATORS COM 743080103 5580 180000 SH DEFINED 0128 180000
PROFIT RECOVERY COM 743168106 1938 125000 SH DEFINED 0106 125000
PROFIT RECOVERY COM 743168106 460 29700 SH DEFINED 011619 29700
PROFIT RECOVERY COM 743168106 1942 125300 SH DEFINED 011614 125300
PROGRESSIVE CORP OH COM 743315103 8033 180000 SH DEFINED 0108 180000
PROGRESSIVE CORP OH COM 743315103 22313 500000 SH DEFINED 0126 500000
PROGRESSIVE CORP OH COM 743315103 400 8975 SH DEFINED 0102 8975
PROGRESSIVE CORP OH COM 743315103 7448 166900 SH DEFINED 0131 166900
PROGRESSIVE CORP OH COM 743315103 464 10400 SH DEFINED 0103 10400
PROMUS HOTEL CORP COM 74342H104 22100 850000 SH DEFINED 0126 850000
PROMUS HOTEL CORP COM 74342H104 17474 672100 SH DEFINED 0102 672100
PROMUS HOTEL CORP COM 74342H104 11484 441700 SH DEFINED 0131 441700
PROMUS HOTEL CORP COM 74342H104 23645 909412 SH DEFINED 0103 909412
PRUDENTIAL UTIL CL A COM 743911208 2 176 SH DEFINED 01 176
PROVIDIAN CORP COM 744061102 25659 575000 SH DEFINED 0113 575000
PROVIDIAN CORP COM 744061102 17850 400000 SH DEFINED 0131 400000
<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
PROVIDIAN CORP COM 744061102 1249 28001 SH DEFINED 0103 28001
PRU-REINS COM 74435W109 12677 536600 SH DEFINED 0130 536600
PRU-REINS COM 74435W109 7088 300000 SH DEFINED 011516 300000
PRU-REINS COM 74435W109 2126 90000 SH DEFINED 011619 90000
PRU-REINS COM 74435W109 4947 209400 SH DEFINED 011614 209400
PRU-REINS COM 74435W109 38382 1624680 SH DEFINED 0102 1624680
PRU-REINS COM 74435W109 4664 197400 SH DEFINED 0131 197400
PRU-REINS COM 74435W109 241 10200 SH DEFINED 0103 10200
PSINET, INC COM 74437C101 775 80000 SH DEFINED 011516 80000
PUBLIC SERV CO COLO COM 744448101 5288 150000 SH DEFINED 0132 150000
PUBLIC SERV CO COLO COM 744448101 11280 320000 SH DEFINED 0107 320000
PUB SERV ENTERPRISES COM 744573106 275 10000 SH DEFINED 0102 10000
PUB SERV ENTERPRISES COM 744573106 707 25698 SH DEFINED 0103 25698
PUBLIC STORAGE COM 74460D109 3566 175000 SH DEFINED 0107 175000
PUGET SOUND P&L COM 745332106 166 6500 SH DEFINED 0102 6500
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 76 2825 SH DEFINED 0103 2825
PUTNAM HIGH YIELD COM 74678J104 2 212 SH DEFINED 01 212
QUAKER OATS COM 747402105 14268 427500 SH DEFINED 011516 427500
QUAKER OATS COM 747402105 73 2200 SH DEFINED 0102 2200
QUAKER OATS COM 747402105 471 14108 SH DEFINED 0103 14108
QUALITY FOOD CENTERS COM 747565109 27440 1120000 SH DEFINED 011516 1120000
QUALITY SYSTEMS COM 747582104 6600 300000 SH DEFINED 011516 300000
QUILMES INDUSTRIAL COM 74838Y108 3225 300000 SH DEFINED 0135 300000
RAC FINANCIAL COM 749207106 2138 95000 SH DEFINED 011619 95000
RFS HOTEL COM 74955J108 9209 530000 SH DEFINED 0107 530000
RFS HOTEL COM 74955J108 4856 279500 SH DEFINED 01 279500
RJR NABISCO COM 74960K876 127 4200 SH DEFINED 0102 4200
ROC COMMUNITIES COM 749650107 7050 300000 SH DEFINED 011618 300000
RAINFOREST CAFE INC COM 75086K104 1260 40000 SH DEFINED 011619 40000
RAINFOREST CAFE INC COM 75086K104 3843 122000 SH DEFINED 011614 122000
RAINBOW TECHNOLOGIES COM 750862104 0 1 SH DEFINED 0103 1
RALSTON PURINA GP COM 751277302 6039 90300 SH DEFINED 0124 90300
RALSTON PURINA GP COM 751277302 1023 15300 SH DEFINED 0125 15300
RALSTON PURINA GP COM 751277302 348 5200 SH DEFINED 0102 5200
RALSTON PURINA GP COM 751277302 1145 17123 SH DEFINED 0103 17123
RAYCHEM COM 754603108 1935 30000 SH DEFINED 011619 30000
RAYCHEM COM 754603108 8385 130000 SH DEFINED 011614 130000
RAYCHEM COM 754603108 27290 423090 SH DEFINED 0102 423090
RAYCHEM COM 754603108 1214 18830 SH DEFINED 0103 18830
RAYCHEM COM 754603108 7837 121500 SH DEFINED 01 121500
RAYONIER COM 754907103 5981 165000 SH DEFINED 0128 165000
RAYTHEON COM 755111101 25625 500000 SH DEFINED 0130 500000
RAYTHEON COM 755111101 79950 1560000 SH DEFINED 0126 1560000
RAYTHEON COM 755111101 30750 600000 SH DEFINED 0113 600000
RAYTHEON COM 755111101 4874 95100 SH DEFINED 0124 95100
RAYTHEON COM 755111101 1020 19900 SH DEFINED 0125 19900
RAYTHEON COM 755111101 41000 800000 SH DEFINED 011618 800000
RAYTHEON COM 755111101 324 6300 SH DEFINED 0102 6300
<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
RAYTHEON COM 755111101 23063 450000 SH DEFINED 0131 450000
RAYTHEON COM 755111101 2565 50049 SH DEFINED 0103 50049
RAYTHEON COM 755111101 938 18300 SH DEFINED 01 18300
READERS DIGEST ASSN COM 755267101 94500 2000000 SH DEFINED 011516 2000000
READERS DIGEST ASSN COM 755267101 198 4200 SH DEFINED 0102 4200
RECKSON COM 75621K106 2450 80000 SH DEFINED 0107 80000
RED LION COM 756701108 6781 350000 SH DEFINED 0106 350000
RED LION COM 756701108 1567 80900 SH DEFINED 011620 80900
RED LION COM 756701108 1531 79000 SH DEFINED 01 79000
REEBOK INTERNATIONAL COM 758110100 219 7933 SH DEFINED 0103 7933
REED INTL PLC -SP A COM 758212872 20100 600000 SH DEFINED 011516 600000
REGAL BELOIT COM 758750103 4305 205000 SH DEFINED 0128 205000
REGAL CINEMAS COM 758754105 2220 60000 SH DEFINED 011619 60000
REGAL CINEMAS COM 758754105 9990 270000 SH DEFINED 011614 270000
REGAL CINEMAS COM 758754105 4 100 SH DEFINED 0102 100
REGAL CINEMAS COM 758754105 1395 37700 SH DEFINED 0131 37700
REGAL CINEMAS COM 758754105 81 2200 SH DEFINED 0103 2200
REGENCY HEALTH SVCS COM 758934103 10778 958000 SH DEFINED 011516 958000
RELIANCE GROUP HOLDI COM 759464100 3938 500000 SH DEFINED 011516 500000
RELIANCE GP HDS WRTS WARRANT 759464118 590 277791 SH DEFINED 0109 277791
RENO AIR INC COM 759741101 2500 200000 SH DEFINED 011619 200000
RENONG 144A CONV BOND 759883AA9 6325 5500000 PRN DEFINED 0112 5500000
RENONG 144A CONV BOND 759883AA9 11500 10000000 PRN DEFINED 0135 10000000
RENONG 144A CONV BOND 759883AA9 6900 6000000 PRN DEFINED 011617 6000000
RENAISSANCE SOLUTION COM 759924103 9860 340000 SH DEFINED 0106 340000
RENAISSANCE SOLUTION COM 759924103 7250 250000 SH DEFINED 011516 250000
REPSOL S.A. ADR COM 76026T205 22425 600000 SH DEFINED 0130 600000
REPSOL S.A. ADR COM 76026T205 29900 800000 SH DEFINED 0113 800000
REPSOL S.A. ADR COM 76026T205 7475 200000 SH DEFINED 0132 200000
REPSOL S.A. ADR COM 76026T205 10278 275000 SH DEFINED 0107 275000
REPSOL S.A. ADR COM 76026T205 24294 650000 SH DEFINED 0131 650000
REPSOL S.A. ADR COM 76026T205 1009 27000 SH DEFINED 0103 27000
REPUBLIC NY COM 760719104 351 5905 SH DEFINED 0103 5905
REUTERS HLDS PLC ADR COM 761324201 22794 350000 SH DEFINED 0126 350000
REUTERS HLDS PLC ADR COM 761324201 32563 500000 SH DEFINED 011516 500000
REUTERS HLDS PLC ADR COM 761324201 20 300 SH DEFINED 0102 300
REUTERS HLDS PLC ADR COM 761324201 5751 88300 SH DEFINED 0131 88300
REUTERS HLDS PLC ADR COM 761324201 332 5100 SH DEFINED 0103 5100
REXALL SUNDOWN COM 761648104 3013 100000 SH DEFINED 011619 100000
REYNOLDS & REYNOLDS COM 761695105 94300 2300000 SH DEFINED 0126 2300000
REYNOLDS & REYNOLDS COM 761695105 28700 700000 SH DEFINED 011516 700000
REYNOLDS & REYNOLDS COM 761695105 25 600 SH DEFINED 0102 600
REYNOLDS & REYNOLDS COM 761695105 5277 128700 SH DEFINED 0131 128700
REYNOLDS & REYNOLDS COM 761695105 332 8100 SH DEFINED 0103 8100
REYNOLDS & REYNOLDS COM 761695105 2460 60000 SH DEFINED 01 60000
REYNOLDS METALS COM 761763101 5700 96400 SH DEFINED 0124 96400
REYNOLDS METALS COM 761763101 1395 23600 SH DEFINED 0125 23600
REYNOLDS METALS COM 761763101 4375 74000 SH DEFINED 0102 74000
REYNOLDS METALS COM 761763101 23650 400000 SH DEFINED 0131 400000
REYNOLDS METALS COM 761763101 1955 33072 SH DEFINED 0103 33072
<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
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 15450 300000 SH DEFINED 0113 300000
REYNOLDS MET $47.25 CONV PFD STOCK 761763507 34402 668000 SH DEFINED 01 668000
RHONE POULENC RORER COM 76242T104 80758 1323897 SH DEFINED 0103 1323897
RICHEY ELECTRON 144A CONV BOND 763302AA4 2948 3000000 PRN DEFINED 011614 3000000
RICHEY ELECTRS INC COM 763302106 1169 110000 SH DEFINED 011619 110000
RIGHT CHOICE COM 76657K101 186 11448 SH DEFINED 0103 11448
RIGGS SER B PFD COM 766570303 2057 72825 SH DEFINED 0109 72825
RISK CAPITAL RE COM 767711104 6663 325000 SH DEFINED 0106 325000
RISK CAPITAL RE COM 767711104 11339 553100 SH DEFINED 0111 553100
RISK CAPITAL RE COM 767711104 1542 75200 SH DEFINED 011622 75200
RISK CAPITAL RE COM 767711104 3538 172600 SH DEFINED 011623 172600
RISK CAPITAL RE COM 767711104 1743 85000 SH DEFINED 011619 85000
RISK CAPITAL RE COM 767711104 910 44400 SH DEFINED 011620 44400
RISK CAPITAL RE COM 767711104 6769 330200 SH DEFINED 011614 330200
RITE AID COM 767754104 5434 176000 SH DEFINED 0124 176000
RITE AID COM 767754104 614 19900 SH DEFINED 0125 19900
RITE AID COM 767754104 15438 500000 SH DEFINED 011516 500000
RITE AID COM 767754104 2007 65000 SH DEFINED 011619 65000
RITE AID COM 767754104 1281 41500 SH DEFINED 011620 41500
RITE AID COM 767754104 8491 275000 SH DEFINED 011614 275000
RITE AID COM 767754104 892 28861 SH DEFINED 0102 28861
RITE AID COM 767754104 17753 575000 SH DEFINED 0131 575000
RITE AID COM 767754104 1439 46596 SH DEFINED 0103 46596
ROBERT HALF INTL INC COM 770323103 21006 432000 SH DEFINED 0102 432000
ROBERT HALF INTL INC COM 770323103 12088 248600 SH DEFINED 0131 248600
ROBERT HALF INTL INC COM 770323103 1109 22800 SH DEFINED 0103 22800
*ROCHE HOLDINGS INC COM 771195104 0 1 SH DEFINED 01 1
ROCHE HLDS PUT99144A CONV BOND 771196AC6 13350 30000000 PRN DEFINED 0130 30000000
ROCHE HLDS PUT99144A CONV BOND 771196AC6 13350 30000000 PRN DEFINED 011618 30000000
ROCHESTER GAS & ELEC COM 771367109 279 12900 SH DEFINED 0102 12900
ROCKWELL INT CORP COM 774347108 29438 500000 SH DEFINED 0113 500000
ROCKWELL INT CORP COM 774347108 13647 231800 SH DEFINED 0124 231800
ROCKWELL INT CORP COM 774347108 5275 89600 SH DEFINED 0125 89600
ROCKWELL INT CORP COM 774347108 10598 180000 SH DEFINED 0107 180000
ROCKWELL INT CORP COM 774347108 19410 329700 SH DEFINED 0102 329700
ROCKWELL INT CORP COM 774347108 25022 425000 SH DEFINED 0131 425000
ROCKWELL INT CORP COM 774347108 3668 62306 SH DEFINED 0103 62306
ROCKWELL INT CORP COM 774347108 6359 108000 SH DEFINED 01 108000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 9971 27600000 PRN DEFINED 0130 27600000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 2168 6000000 PRN DEFINED 0104 6000000
ROGERS COM LY PUT/98 CONV BOND 775109AD3 23481 65000000 PRN DEFINED 011516 65000000
ROHM & HAAS CO COM 775371107 19950 300000 SH DEFINED 0113 300000
ROHM & HAAS CO COM 775371107 470 7062 SH DEFINED 0103 7062
ROHR INDUSTRIES INC COM 775422108 5400 300000 SH DEFINED 011516 300000
ROHR INDUSTRIES INC COM 775422108 2160 120000 SH DEFINED 011619 120000
ROHR INDUSTRIES INC COM 775422108 22 1200 SH DEFINED 0102 1200
ROHR INDUSTRIES INC COM 775422108 5420 301100 SH DEFINED 0131 301100
ROHR INDUSTRIES INC COM 775422108 297 16500 SH DEFINED 0103 16500
ROHR INDUSTRIES INC COM 775422108 2898 161000 SH DEFINED 01 161000
ROMAC COM 775835101 9056 294500 SH DEFINED 011516 294500
<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
ROOSEVELT FINANCIAL COM 776493108 6475 350000 SH DEFINED 0106 350000
ROOSEVELT FINANCIAL COM 776493108 1462 79000 SH DEFINED 01 79000
ROWAN COMPANIES INC COM 779382100 2550 200000 SH DEFINED 011619 200000
ROWAN COMPANIES INC COM 779382100 10838 850000 SH DEFINED 011614 850000
ROWAN COMPANIES INC COM 779382100 114 8910 SH DEFINED 0103 8910
PRICE ROWE INT'L FD COM 77956H203 4 309 SH DEFINED 01 309
ROYAL DUTCH PETE NEW COM 780257705 21188 150000 SH DEFINED 0126 150000
ROYAL DUTCH PETE NEW COM 780257705 31781 225000 SH DEFINED 0113 225000
ROYAL DUTCH PETE NEW COM 780257705 14125 100000 SH DEFINED 0107 100000
ROYAL DUTCH PETE NEW COM 780257705 1681 11900 SH DEFINED 011620 11900
ROYAL DUTCH PETE NEW COM 780257705 16536 117047 SH DEFINED 0102 117047
ROYAL DUTCH PETE NEW COM 780257705 24719 175000 SH DEFINED 0131 175000
ROYAL DUTCH PETE NEW COM 780257705 9044 64033 SH DEFINED 0103 64033
ROYAL DUTCH PETE NEW COM 780257705 9111 64500 SH DEFINED 01 64500
KPN ADR COM 780641205 33575 850000 SH DEFINED 0113 850000
KPN ADR COM 780641205 22713 575000 SH DEFINED 0131 575000
KPN ADR COM 780641205 909 23000 SH DEFINED 0103 23000
RUBBERMAID COM 781088109 29794 1050000 SH DEFINED 011516 1050000
RUBBERMAID COM 781088109 469 16535 SH DEFINED 0103 16535
RUSSELL CORP COM 782352108 110 4094 SH DEFINED 0103 4094
RYANS FAMILY STEAK COM 783519101 51 5629 SH DEFINED 0103 5629
RYDER SYSTEM COM 783549108 227 8320 SH DEFINED 0103 8320
SBC COMMUNICATIONS COM 78387G103 26313 500000 SH DEFINED 0130 500000
SBC COMMUNICATIONS COM 78387G103 42100 800000 SH DEFINED 0126 800000
SBC COMMUNICATIONS COM 78387G103 17103 325000 SH DEFINED 0132 325000
SBC COMMUNICATIONS COM 78387G103 13788 262000 SH DEFINED 0124 262000
SBC COMMUNICATIONS COM 78387G103 2805 53300 SH DEFINED 0125 53300
SBC COMMUNICATIONS COM 78387G103 15261 290000 SH DEFINED 0107 290000
SBC COMMUNICATIONS COM 78387G103 632 12000 SH DEFINED 011620 12000
SBC COMMUNICATIONS COM 78387G103 967 18400 SH DEFINED 0102 18400
SBC COMMUNICATIONS COM 78387G103 4379 83225 SH DEFINED 0103 83225
SERVICE CORP $50 CONV PFD STOCK 783888209 17169 205000 SH DEFINED 0107 205000
SEI CORPORATION COM 784117103 1688 75000 SH DEFINED 011619 75000
SGS-THOMSON MICROELE COM 784213100 9063 250000 SH DEFINED 0108 250000
SGS-THOMSON MICROELE COM 784213100 7250 200000 SH DEFINED 0135 200000
SGS-THOMSON MICROELE COM 784213100 11781 325000 SH DEFINED 011516 325000
SGS-THOMSON MICROELE COM 784213100 725 20000 SH DEFINED 011620 20000
SGS-THOMSON MICROELE COM 784213100 56005 1544660 SH DEFINED 0102 1544660
SGS-THOMSON MICROELE COM 784213100 405 11150 SH DEFINED 0103 11150
SGS-THOMSON MICROELE COM 784213100 14133 389865 SH DEFINED 01 389865
SAFECO CORP COM 786429100 10720 320000 SH DEFINED 0107 320000
SAFECO CORP COM 786429100 443 13222 SH DEFINED 0103 13222
SAFETY-KLEEN COM 786484105 88 6088 SH DEFINED 0103 6088
SAFEWAY INC* COM 786514208 9975 350000 SH DEFINED 0108 350000
SAFEWAY INC* COM 786514208 42750 1500000 SH DEFINED 0126 1500000
SAFEWAY INC* COM 786514208 30212 1059875 SH DEFINED 0102 1059875
SAFEWAY INC* COM 786514208 308 10800 SH DEFINED 0103 10800
SAFEWAY INC* COM 786514208 8664 304000 SH DEFINED 01 304000
ST JOHN KNITS INC COM 790289102 10106 150000 SH DEFINED 0111 150000
ST JUDE MEDICAL COM 790849103 274 7347 SH DEFINED 0103 7347
<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
ST PAUL COMPANIES COM 792860108 29138 525000 SH DEFINED 0113 525000
ST PAUL COMPANIES COM 792860108 22200 400000 SH DEFINED 0131 400000
ST PAUL COMPANIES COM 792860108 4490 80880 SH DEFINED 0103 80880
SBH-APPLIED MAT ELK CONV PFD STOCK 7954QBN38 19340 515000 SH DEFINED 0130 515000
SALOMON INC. COM 79549B107 10313 275000 SH DEFINED 0108 275000
SALOMON INC. COM 79549B107 502 13399 SH DEFINED 0103 13399
SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 9362 199200 SH DEFINED 011618 199200
SBH-HEWLETT ELK76 37 CONV PFD STOCK 79549B446 10238 100000 SH DEFINED 011618 100000
SBH-COMPAQ COMPUTER CONV PFD STOCK 79549QBU7 14818 380000 SH DEFINED 0130 380000
SAN DIEGO G&E $25 PREFERRED STOCK 797440831 1570 59500 SH DEFINED 0105 59500
SANMINA CORP COM 800907107 2103 70700 SH DEFINED 011619 70700
SANMINA CORP COM 800907107 10243 344300 SH DEFINED 011614 344300
SANMINA CORP 144A CONV BOND 800908AA3 9056 7500000 PRN DEFINED 0106 7500000
SANIFILL INC COM 801018102 19188 500000 SH DEFINED 0111 500000
SANIFILL INC COM 801018102 3454 90000 SH DEFINED 011622 90000
SANIFILL INC COM 801018102 7675 200000 SH DEFINED 011623 200000
SANIFILL INC COM 801018102 2191 57100 SH DEFINED 011619 57100
SANIFILL INC COM 801018102 9962 259600 SH DEFINED 011614 259600
SANIFILL INC COM 801018102 33670 877400 SH DEFINED 0102 877400
SANIFILL INC COM 801018102 5545 144500 SH DEFINED 0131 144500
SANIFILL INC COM 801018102 1378 35900 SH DEFINED 0103 35900
SANTA FE ENERGY RES COM 802012104 2809 267500 SH DEFINED 0135 267500
SANTA FE ENERGY RES COM 802012104 100 9504 SH DEFINED 0103 9504
SANTA FE PAC GOLD CO COM 802176107 400 25000 SH DEFINED 0127 25000
SANTA FE PAC GOLD CO COM 802176107 221 13817 SH DEFINED 0103 13817
SANTA ISABELLA COM 802233106 4060 160000 SH DEFINED 0135 160000
SARA LEE CORP COM 803111103 1077 33000 SH DEFINED 011620 33000
SARA LEE CORP COM 803111103 166 5100 SH DEFINED 0102 5100
SARA LEE CORP COM 803111103 1658 50825 SH DEFINED 0103 50825
SCANDINAVIAN BROAD CONV BOND 805906AA2 15788 15000000 PRN DEFINED 0130 15000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 6315 6000000 PRN DEFINED 0104 6000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 4210 4000000 PRN DEFINED 0109 4000000
SCANDINAVIAN BROAD CONV BOND 805906AA2 4736 4500000 PRN DEFINED 0135 4500000
SCANDINAVIAN BROAD CONV BOND 805906AA2 5263 5000000 PRN DEFINED 011621 5000000
HENRY SCHEIN INC COM 806407102 12431 425000 SH DEFINED 011516 425000
SCHERING PLOUGH COM 806605101 31969 550000 SH DEFINED 0130 550000
SCHERING PLOUGH COM 806605101 17438 300000 SH DEFINED 0126 300000
SCHERING PLOUGH COM 806605101 21518 370200 SH DEFINED 0124 370200
SCHERING PLOUGH COM 806605101 5080 87400 SH DEFINED 0125 87400
SCHERING PLOUGH COM 806605101 1779 30600 SH DEFINED 011620 30600
SCHERING PLOUGH COM 806605101 50771 873435 SH DEFINED 0102 873435
SCHERING PLOUGH COM 806605101 3601 61944 SH DEFINED 0103 61944
SCHERING PLOUGH COM 806605101 4359 75000 SH DEFINED 01 75000
SCHLUMBERGER LTD COM 806857108 31650 400000 SH DEFINED 0130 400000
SCHLUMBERGER LTD COM 806857108 9891 125000 SH DEFINED 0108 125000
SCHLUMBERGER LTD COM 806857108 47475 600000 SH DEFINED 0126 600000
SCHLUMBERGER LTD COM 806857108 31650 400000 SH DEFINED 0111 400000
SCHLUMBERGER LTD COM 806857108 26792 338600 SH DEFINED 0124 338600
SCHLUMBERGER LTD COM 806857108 9930 125500 SH DEFINED 0125 125500
SCHLUMBERGER LTD COM 806857108 7913 100000 SH DEFINED 0135 100000
<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
SCHLUMBERGER LTD COM 806857108 3956 50000 SH DEFINED 011622 50000
SCHLUMBERGER LTD COM 806857108 7913 100000 SH DEFINED 011623 100000
SCHLUMBERGER LTD COM 806857108 9891 125000 SH DEFINED 011614 125000
SCHLUMBERGER LTD COM 806857108 13723 173447 SH DEFINED 0102 173447
SCHLUMBERGER LTD COM 806857108 5087 64296 SH DEFINED 0103 64296
SCHWAB CHARLES CORP COM 808513105 1153 45000 SH DEFINED 011620 45000
SCHWEITZER MAUDUIT COM 808541106 0 3 SH DEFINED 0102 3
SCHWEITZER MAUDUIT COM 808541106 353 12820 SH DEFINED 01 12820
SCIENTIFIC ATLANTA COM 808655104 142 8013 SH DEFINED 0103 8013
SEAGRAM LTD COM 811850106 712 22000 SH DEFINED 011620 22000
SEAGRAM LTD COM 811850106 13163 406540 SH DEFINED 0102 406540
SEAGRAM LTD COM 811850106 1408 43485 SH DEFINED 0103 43485
SEAGULL ENERGY CORP COM 812007102 1636 72300 SH DEFINED 011619 72300
SEAGULL ENERGY CORP COM 812007102 7190 317800 SH DEFINED 011614 317800
SEALED AIR CORP COM 812115103 7678 225000 SH DEFINED 0106 225000
SEALED AIR CORP COM 812115103 2082 61000 SH DEFINED 011619 61000
SEALED AIR CORP COM 812115103 9009 264000 SH DEFINED 011614 264000
SEALED AIR CORP COM 812115103 1689 49500 SH DEFINED 01 49500
SEARS ROEBUCK & CO COM 812387108 63890 1310475 SH DEFINED 0102 1310475
SEARS ROEBUCK & CO COM 812387108 1995 40928 SH DEFINED 0103 40928
SEARS ROEBUCK & CO COM 812387108 1496 30685 SH DEFINED 01 30685
SEATRAIN LINES COM 812557205 19 621353 SH DEFINED 0102 621353
2ND GLASTONBURY PROP COM 813200995 0 99 SH DEFINED 0102 99
SECURE CO COM 813705100 13050 600000 SH DEFINED 011516 600000
SECURITY CAPITAL IND COM 814138103 3500 200000 SH DEFINED 0132 200000
SECURITY PACIFIC TRT CONV PFD STOCK 814141206 3634 136500 SH DEFINED 0104 136500
SECURITY PACIFIC TRT CONV PFD STOCK 814141206 1957 73500 SH DEFINED 011621 73500
SENSORMATIC ELECT COM 817265101 42525 2100000 SH DEFINED 011516 2100000
SEQUES PHARMACEUTICA COM 817471105 170 12300 SH DEFINED 011619 12300
SEQUES PHARMACEUTICA COM 817471105 935 67700 SH DEFINED 011614 67700
SERVICE CORP INTL COM 817565104 19500 400000 SH DEFINED 0130 400000
SERVICE CORP INTL COM 817565104 29250 600000 SH DEFINED 0111 600000
SERVICE CORP INTL COM 817565104 24843 509600 SH DEFINED 0124 509600
SERVICE CORP INTL COM 817565104 5021 103000 SH DEFINED 0125 103000
SERVICE CORP INTL COM 817565104 3169 65000 SH DEFINED 011622 65000
SERVICE CORP INTL COM 817565104 7069 145000 SH DEFINED 011623 145000
SERVICE CORP INTL COM 817565104 14625 300000 SH DEFINED 011618 300000
SERVICE CORP INTL COM 817565104 2828 58000 SH DEFINED 011620 58000
SERVICE CORP INTL COM 817565104 6703 137500 SH DEFINED 0102 137500
SERVICE CORP INTL COM 817565104 9755 200100 SH DEFINED 0131 200100
SERVICE CORP INTL COM 817565104 2979 61113 SH DEFINED 0103 61113
SEVERN TRENT WTR DIV COM 818037988 44 4874 SH DEFINED 0132 4874
SHARED MED SYSTEMS COM 819486101 147 2436 SH DEFINED 0103 2436
SHERWIN WILLIAMS COM 824348106 14422 325000 SH DEFINED 0108 325000
SHERWIN WILLIAMS COM 824348106 2259 50900 SH DEFINED 0124 50900
SHERWIN WILLIAMS COM 824348106 559 12600 SH DEFINED 0125 12600
SHERWIN WILLIAMS COM 824348106 62027 1397745 SH DEFINED 0102 1397745
SHERWIN WILLIAMS COM 824348106 507 11422 SH DEFINED 0103 11422
SHERWIN WILLIAMS COM 824348106 44 1000 SH DEFINED 01 1000
SHIVA CORP COM 824851109 9075 100000 SH DEFINED 0106 100000
<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
SHOPKO STORES COM 824911101 11200 800000 SH DEFINED 0113 800000
SHOPKO STORES COM 824911101 16238 1159872 SH DEFINED 0103 1159872
SHONEYS INC COM 825039100 39 4378 SH DEFINED 0103 4378
SHURGARD STORAGE CTR COM 82567D104 5250 200000 SH DEFINED 011618 200000
SIEBE ADR COM 826166209 37 1380 SH DEFINED 01 1380
SIERRA PACIFIC RES COM 826425100 3769 150000 SH DEFINED 0128 150000
SIERRA PACIFIC RES COM 826425100 5025 200000 SH DEFINED 0132 200000
SIGMA-ALDRICH COM 826552101 2290 40000 SH DEFINED 011619 40000
SIGMA-ALDRICH COM 826552101 11164 195000 SH DEFINED 011614 195000
SIGMA-ALDRICH COM 826552101 451 7883 SH DEFINED 0102 7883
SIGMA-ALDRICH COM 826552101 300 5233 SH DEFINED 0103 5233
SIGNET BANKING CORP COM 826681108 30 1200 SH DEFINED 0102 1200
SIGNET BANKING CORP COM 826681108 2567 103196 SH DEFINED 0103 103196
SIL GR PT 11/98 144A CONV BOND 827056AB8 10525 20000000 PRN DEFINED 011618 20000000
SILICON GRAPHICS INC COM 827056102 25000 1000000 SH DEFINED 0130 1000000
SILICON GRAPHICS INC COM 827056102 7500 300000 SH DEFINED 0111 300000
SILICON GRAPHICS INC COM 827056102 10533 421300 SH DEFINED 0124 421300
SILICON GRAPHICS INC COM 827056102 1368 54700 SH DEFINED 0125 54700
SILICON GRAPHICS INC COM 827056102 16250 650000 SH DEFINED 011516 650000
SILICON GRAPHICS INC COM 827056102 116319 4651475 SH DEFINED 0102 4651475
SILICON GRAPHICS INC COM 827056102 1522 60828 SH DEFINED 0103 60828
SILICON GRAPHICS INC COM 827056102 700 28000 SH DEFINED 01 28000
SIMON PROP COM 828805101 11500 500000 SH DEFINED 0130 500000
SIMON PROP COM 828805101 13800 600000 SH DEFINED 0113 600000
SIMON PROP COM 828805101 4140 180000 SH DEFINED 0128 180000
SIMON PROP COM 828805101 3450 150000 SH DEFINED 0132 150000
SIMON PROP COM 828805101 11500 500000 SH DEFINED 0131 500000
SIMON PROP COM 828805101 690 30000 SH DEFINED 0103 30000
SINCLAIR BROADCASTIN COM 829226109 835 31500 SH DEFINED 011620 31500
SINGER CO COM 82930F109 15975 600000 SH DEFINED 011618 600000
SMITH INTL COM 832110100 6944 275000 SH DEFINED 0106 275000
SMITHKLN BCHM EQ UNT COM 832378400 25750 500000 SH DEFINED 0130 500000
SMITHKLN BCHM EQ UNT COM 832378400 10300 200000 SH DEFINED 0108 200000
SMITHKLN BCHM EQ UNT COM 832378400 61800 1200000 SH DEFINED 0126 1200000
SMITHKLN BCHM EQ UNT COM 832378400 33475 650000 SH DEFINED 0113 650000
SMITHKLN BCHM EQ UNT COM 832378400 6438 125000 SH DEFINED 0135 125000
SMITHKLN BCHM EQ UNT COM 832378400 13133 255000 SH DEFINED 0107 255000
SMITHKLN BCHM EQ UNT COM 832378400 19570 380000 SH DEFINED 011618 380000
SMITHKLN BCHM EQ UNT COM 832378400 156 3000 SH DEFINED 0102 3000
SMITHKLN BCHM EQ UNT COM 832378400 24463 475000 SH DEFINED 0131 475000
SMITHKLN BCHM EQ UNT COM 832378400 979 19000 SH DEFINED 0103 19000
SMITHKLN BCHM EQ UNT COM 832378400 6180 120000 SH DEFINED 01 120000
SNAP ON INC COM 833034101 2104 45000 SH DEFINED 011619 45000
SNAP ON INC COM 833034101 2057 44000 SH DEFINED 011620 44000
SNAP ON INC COM 833034101 9350 200000 SH DEFINED 011614 200000
SNAP ON INC COM 833034101 199 4247 SH DEFINED 0103 4247
SNYDER OIL CORP $25 CONV PFD STOCK 833482409 2885 157000 SH DEFINED 01 157000
SOFAMOR/DANEK GROUP* COM 834005100 2168 64000 SH DEFINED 011619 64000
SOFAMOR/DANEK GROUP* COM 834005100 9519 281000 SH DEFINED 011614 281000
SOFAMOR/DANEK GROUP* COM 834005100 4451 131400 SH DEFINED 0102 131400
<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
SOFAMOR/DANEK GROUP* COM 834005100 2856 84300 SH DEFINED 0131 84300
SOFAMOR/DANEK GROUP* COM 834005100 295 8700 SH DEFINED 0103 8700
SOFTKEY 144A CONV BOND 83402NAA7 8150 10000000 PRN DEFINED 0130 10000000
SOFTKEY 144A CONV BOND 83402NAA7 9780 12000000 PRN DEFINED 0104 12000000
SOFTKEY 144A CONV BOND 83402NAA7 2038 2500000 PRN DEFINED 0109 2500000
SOFTKEY 144A CONV BOND 83402NAA7 7743 9500000 PRN DEFINED 0107 9500000
SOFTKEY 144A CONV BOND 83402NAA7 4075 5000000 PRN DEFINED 011621 5000000
SOFTKEY 144A CONV BOND 83402NAA7 6520 8000000 PRN DEFINED 011618 8000000
SOFTKEY INTL INC COM 83402N109 6038 300000 SH DEFINED 0111 300000
SOFTKEY INTL INC COM 83402N109 1208 60000 SH DEFINED 011622 60000
SOFTKEY INTL INC COM 83402N109 1409 70000 SH DEFINED 011623 70000
SOFTBRIDGE MICRO SYS COM 834020992 135 13500 SH DEFINED 01 13500
SOLA INTL COM 834092108 6225 200000 SH DEFINED 0111 200000
SOLA INTL COM 834092108 934 30000 SH DEFINED 011622 30000
SOLA INTL COM 834092108 2179 70000 SH DEFINED 011623 70000
SOLA INTL COM 834092108 11606 372900 SH DEFINED 0102 372900
SOLA INTL COM 834092108 293 9400 SH DEFINED 0103 9400
SOLECTRON CORP COM 834182107 8800 200000 SH DEFINED 0108 200000
SOLECTRON CORP COM 834182107 5500 125000 SH DEFINED 0128 125000
SOLECTRON CORP COM 834182107 26400 600000 SH DEFINED 0111 600000
SOLECTRON CORP COM 834182107 3520 80000 SH DEFINED 011622 80000
SOLECTRON CORP COM 834182107 7040 160000 SH DEFINED 011623 160000
SOLECTRON CORP COM 834182107 812 18461 SH DEFINED 0102 18461
SONAT INC COM 835415100 325 9031 SH DEFINED 0103 9031
SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 10030 170000 SH DEFINED 0107 170000
SONY CORP ADRS COM 835699307 4295 70700 SH DEFINED 0135 70700
SONY CORP ADRS COM 835699307 48600 800000 SH DEFINED 011516 800000
SOUTH WEST PRPRTY TR COM 840649107 3745 280000 SH DEFINED 0107 280000
SOUTHDOWN WARRANTS WARRANT 841297997 250 50000 SH DEFINED 0109 50000
SOUTHDOWN WARRANTS WARRANT 841297997 150 30000 SH DEFINED 011621 30000
SO CA EDISON $100 PREFERRED STOCK 842400772 1925 20000 SH DEFINED 0105 20000
SO CA EDISON $100 PREFERRED STOCK 842400780 20630 202250 SH DEFINED 0105 202250
SO CA EDISON $100 PREFERRED STOCK 842400780 4947 48500 SH DEFINED 01 48500
SO CA EDISON $100 PREFERRED STOCK 842400780 2040 20000 SH DEFINED 01 20000
SO CA EDISON $100 PREFERRED STOCK 842400780 510 5000 SH DEFINED 0116 5000
SOUTHERN CO. COM 842587107 10386 435000 SH DEFINED 0107 435000
SOUTHERN CO. COM 842587107 7163 300000 SH DEFINED 011618 300000
SOUTHERN CO. COM 842587107 1670 69935 SH DEFINED 0103 69935
SO INDIANA G&E 100 PREFERRED STOCK 8431634@2 7243 75000 SH DEFINED 0105 75000
SOUTHERN NEW ENG TEL COM 843485103 12075 300000 SH DEFINED 0132 300000
SOUTHTRUST CORP COM 844730101 8288 300000 SH DEFINED 011516 300000
SOUTHWEST AIRLINES COM 844741108 7406 250000 SH DEFINED 011618 250000
SOUTHWEST AIRLINES COM 844741108 2074 70000 SH DEFINED 011619 70000
SOUTHWEST AIRLINES COM 844741108 1185 40000 SH DEFINED 011620 40000
SOUTHWEST AIRLINES COM 844741108 8888 300000 SH DEFINED 011614 300000
SOUTHWEST AIRLINES COM 844741108 177 6000 SH DEFINED 0102 6000
SOUTHWEST AIRLINES COM 844741108 448 15109 SH DEFINED 0103 15109
SPECIALTY FOODS ACQ COM 847498102 150 300000 SH DEFINED 0109 300000
SPECIALTY FOODS ACQ COM 847498102 8 15000 SH DEFINED 011621 15000
SPIEGEL INC -CL A COM 848457107 13838 1350000 SH DEFINED 011516 1350000
<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
SPRINGS INDS INC COM 851783100 97 2114 SH DEFINED 0103 2114
SPRINT CORP COM 852061100 1391 36614 SH DEFINED 0103 36614
STABLE CAPITAL FUND COM 852300987 1020279 85579521 SH DEFINED 0103 85579521
STANDARD FEDERAL BAN COM 853386100 6375 150000 SH DEFINED 0128 150000
STANLEY WORKS THE COM 854616109 2310 42000 SH DEFINED 0113 42000
STANLEY WORKS THE COM 854616109 77 1400 SH DEFINED 0102 1400
STANLEY WORKS THE COM 854616109 256 4654 SH DEFINED 0103 4654
STATE STREET BOSTON COM 857473102 40000 800000 SH DEFINED 0126 800000
STATE STREET BOSTON COM 857473102 85000 1700000 SH DEFINED 011516 1700000
STATION CASINO COM 857689103 2906 250000 SH DEFINED 0128 250000
STATION CASINO COM 857689103 17438 1500000 SH DEFINED 011516 1500000
STATION CASINOS $50 CONV PFD STOCK 857689202 5500 110000 SH DEFINED 0130 110000
STATION CASINOS $50 CONV PFD STOCK 857689202 1500 30000 SH DEFINED 0104 30000
STATION CASINOS $50 CONV PFD STOCK 857689202 2500 50000 SH DEFINED 0109 50000
STATION CASINOS $50 CONV PFD STOCK 857689202 750 15000 SH DEFINED 0124 15000
STATION CASINOS $50 CONV PFD STOCK 857689202 750 15000 SH DEFINED 011621 15000
STERIS CORP COM 859152100 24561 818700 SH DEFINED 011516 818700
STERLING COMMERCE COM 859205106 12045 391700 SH DEFINED 011516 391700
STERLING COMMERCE COM 859205106 1069 34800 SH DEFINED 0102 34800
STERLING COMMERCE COM 859205106 541 17600 SH DEFINED 0131 17600
STERLING COMMERCE COM 859205106 37 1200 SH DEFINED 0103 1200
STERLING ELECTRONICS COM 859281107 6422 375000 SH DEFINED 0106 375000
STERLING SOFTWARE IN COM 859547101 14100 200000 SH DEFINED 0130 200000
STERLING SOFTWARE IN COM 859547101 14100 200000 SH DEFINED 0106 200000
STERLING SOFTWARE IN COM 859547101 1904 27000 SH DEFINED 011620 27000
STERLING SOFTWARE IN COM 859547101 12690 180000 SH DEFINED 011614 180000
STERLING SOFTWARE IN COM 859547101 11623 164872 SH DEFINED 0102 164872
STERLING SOFTWARE IN COM 859547101 353 5000 SH DEFINED 0103 5000
STEWART & STEVENSON COM 860342104 309 11000 SH DEFINED 01 11000
STEWART ENTERPRISES COM 860370105 919 21500 SH DEFINED 011620 21500
STEWART ENTERPRISES COM 860370105 38 900 SH DEFINED 0102 900
STEWART ENTERPRISES COM 860370105 5985 140000 SH DEFINED 0131 140000
STEWART ENTERPRISES COM 860370105 342 8000 SH DEFINED 0103 8000
STILLWATER MINING COM 860490994 3622 170454 SH DEFINED 0127 170454
STILLWATER MINING CO COM 86074Q102 10625 500000 SH DEFINED 0130 500000
STILLWATER MINING CO COM 86074Q102 7438 350000 SH DEFINED 0106 350000
STILLWATER MINING CO COM 86074Q102 4250 200000 SH DEFINED 0111 200000
STILLWATER MINING CO COM 86074Q102 2911 137000 SH DEFINED 0135 137000
STILLWATER MINING CO COM 86074Q102 6375 300000 SH DEFINED 011516 300000
STILLWATER MINING CO COM 86074Q102 2125 100000 SH DEFINED 011619 100000
STILLWATER MINING CO COM 86074Q102 1530 72000 SH DEFINED 01 72000
STILLWATER MINING COM 86074Q904 9563 450000 SH DEFINED 0135 450000
STONE CONTAINER COM 861589109 49000 3500000 SH DEFINED 011516 3500000
STONE CONTAINER COM 861589109 94 6700 SH DEFINED 0102 6700
STONE CONTAINER COM 861589109 146 10421 SH DEFINED 0103 10421
STORAGE USA COM 861907103 6875 200000 SH DEFINED 0130 200000
STORAGE USA COM 861907103 3953 115000 SH DEFINED 0107 115000
STORAGE USA COM 861907103 6875 200000 SH DEFINED 011618 200000
STORAGE TRUST REALTY COM 861909109 3894 175000 SH DEFINED 0107 175000
STOREMEDIA COM 862221108 6394 275000 SH DEFINED 0106 275000
<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
STRATACOM INC COM 862683109 6226 170000 SH DEFINED 0108 170000
STRATACOM INC COM 862683109 36625 1000000 SH DEFINED 0126 1000000
STRATACOM INC COM 862683109 9156 250000 SH DEFINED 0106 250000
STRATACOM INC COM 862683109 29300 800000 SH DEFINED 0111 800000
STRATACOM INC COM 862683109 2930 80000 SH DEFINED 011622 80000
STRATACOM INC COM 862683109 6593 180000 SH DEFINED 011623 180000
STRATACOM INC COM 862683109 1978 54000 SH DEFINED 011619 54000
STRATACOM INC COM 862683109 8058 220000 SH DEFINED 011614 220000
STRATACOM INC COM 862683109 24961 681600 SH DEFINED 0102 681600
STRATACOM INC COM 862683109 8841 241400 SH DEFINED 0131 241400
STRATACOM INC COM 862683109 1004 27400 SH DEFINED 0103 27400
STRATACOM INC COM 862683109 1465 40000 SH DEFINED 01 40000
STRATUS COMPUTER COM 863155107 694 25000 SH DEFINED 01 25000
STRIDE RITE CORP COM 863314100 47 5157 SH DEFINED 0103 5157
STRYKER CORP COM 863667101 19675 400000 SH DEFINED 0111 400000
STRYKER CORP COM 863667101 2951 60000 SH DEFINED 011622 60000
STRYKER CORP COM 863667101 5903 120000 SH DEFINED 011623 120000
STRYKER CORP COM 863667101 147 3000 SH DEFINED 0102 3000
STURM RUGER & CO INC COM 864159108 0 3900 SH DEFINED 0102 3900
SUMMIT PROPERTIES COM 866239106 6000 300000 SH DEFINED 0132 300000
SUMMIT PROPERTIES COM 866239106 4000 200000 SH DEFINED 011618 200000
SUN COMMUNITIES INC COM 866674104 4905 180000 SH DEFINED 0128 180000
SUN COMMUNITIES INC COM 866674104 3406 125000 SH DEFINED 0107 125000
SUN COM 866762107 228 7886 SH DEFINED 0103 7886
SUN MICROSYSTEMS INC COM 866810104 842 19245 SH DEFINED 0103 19245
SUNBEAM-OSTER INC COM 867071102 698 41076 SH DEFINED 0103 41076
SUNDSTRAND CORP COM 867323107 2119 52000 SH DEFINED 011619 52000
SUNDSTRAND CORP COM 867323107 9454 232000 SH DEFINED 011614 232000
SUNDSTRAND CORP COM 867323107 4931 121000 SH DEFINED 01 121000
SUNGLASS HUT COM 86736F106 9938 300000 SH DEFINED 0111 300000
SUNGLASS HUT COM 86736F106 2054 62000 SH DEFINED 011619 62000
SUNGLASS HUT COM 86736F106 8878 268000 SH DEFINED 011614 268000
SUNGARD DATA COM 867363103 2226 65000 SH DEFINED 011619 65000
SUNGARD DATA COM 867363103 9761 285000 SH DEFINED 011614 285000
SUNRISE MEDICAL COM 867910101 1400 100000 SH DEFINED 011516 100000
SUNRISE MEDICAL COM 867910101 3842 274409 SH DEFINED 0103 274409
SUNTRUST BANKS INC COM 867914103 832 11880 SH DEFINED 0103 11880
SUPERIOR SERVICES COM 868316100 4638 350000 SH DEFINED 011516 350000
SUPERVALU INC COM 868536103 220 7127 SH DEFINED 0103 7127
SYBASE SOFTWARE COM 871130100 9973 428955 SH DEFINED 0102 428955
SYBASE SOFTWARE COM 871130100 5505 236785 SH DEFINED 01 236785
SYBRON CORP COM 87114F106 7350 300000 SH DEFINED 0106 300000
SYBRON CORP COM 87114F106 22709 926900 SH DEFINED 0102 926900
SYBRON CORP COM 87114F106 3645 148796 SH DEFINED 0103 148796
SYBRON CORP COM 87114F106 1519 62000 SH DEFINED 01 62000
SYMBOL TECHNOLOGIES COM 871508107 8781 250000 SH DEFINED 0106 250000
SYNOPSYS INC COM 871607107 9600 300000 SH DEFINED 0106 300000
SYNOPSYS INC COM 871607107 10846 338900 SH DEFINED 0102 338900
SYNOPSYS INC COM 871607107 5194 162300 SH DEFINED 0131 162300
SYNOPSYS INC COM 871607107 540 16900 SH DEFINED 0103 16900
<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
SYNOPTICS COMM 144A CONV BOND 871609AA1 19825 20000000 PRN DEFINED 0130 20000000
SYSCO CORPORATION COM 871829107 8054 245000 SH DEFINED 0108 245000
SYSCO CORPORATION COM 871829107 0 1 SH DEFINED 0102 1
SYSCO CORPORATION COM 871829107 633 19262 SH DEFINED 0103 19262
SYSTEM SOFTWARE ASSC COM 871839106 7650 300000 SH DEFINED 0106 300000
SYSTEMED COM 871853107 3438 1100000 SH DEFINED 011516 1100000
TCF FINL CORP MPLS COM 872275102 1813 50000 SH DEFINED 0108 50000
TCF FINL CORP MPLS COM 872275102 5981 165000 SH DEFINED 0128 165000
TCSI CORP COM 87233R106 2593 85000 SH DEFINED 011619 85000
TCSI CORP COM 87233R106 9150 300000 SH DEFINED 011614 300000
TECO ENERGY COM 872375100 10572 425000 SH DEFINED 0132 425000
TIG HOLDINGS COM 872469101 11375 350000 SH DEFINED 0108 350000
TIG HOLDINGS COM 872469101 2340 72000 SH DEFINED 011619 72000
TIG HOLDINGS COM 872469101 11700 360000 SH DEFINED 011614 360000
TIG HOLDINGS COM 872469101 17775 546750 SH DEFINED 0102 546750
TJX COS COM 872540109 20100 800000 SH DEFINED 0113 800000
TJX COS COM 872540109 4523 180000 SH DEFINED 0128 180000
TJX COS COM 872540109 2889 115000 SH DEFINED 011619 115000
TJX COS COM 872540109 12563 500000 SH DEFINED 011614 500000
TJX COS COM 872540109 191 7600 SH DEFINED 0103 7600
TRW COM 872649108 107 1200 SH DEFINED 0102 1200
TRW COM 872649108 614 6885 SH DEFINED 0103 6885
TRW COM 872649108 5481 61500 SH DEFINED 01 61500
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 6370 280000 SH DEFINED 0112 280000
TAIWAN FUND COM 874036106 7344 322800 SH DEFINED 011617 322800
TAMBRANDS INC COM 875080103 178 3800 SH DEFINED 0102 3800
TANDEM COMPUTERS COM 875370108 109 12338 SH DEFINED 0103 12338
TANDY CORP COM 875382103 309 6673 SH DEFINED 0103 6673
TATA ENG&LOCO GDR COM 876568106 2372 150000 SH DEFINED 0124 150000
TAUBMAN CENTERS INC COM 876664103 10863 1100000 SH DEFINED 0113 1100000
TECH DATA CORP COM 878237106 16750 1000000 SH DEFINED 0106 1000000
TECH DATA CORP COM 878237106 2203 131530 SH DEFINED 01 131530
TEKTRONIX COM 879131100 114 3520 SH DEFINED 0103 3520
TELE COMMUN INTL INC CONV BOND 87924HAA0 9775 10000000 PRN DEFINED 0130 10000000
TELE COMMUN INTL INC CONV BOND 87924HAA0 4643 4750000 PRN DEFINED 0135 4750000
TELE COMMUN INTL INC CONV BOND 87924HAA0 244 250000 PRN DEFINED 011620 250000
TELE-COMMUNICATION A COM 87924V101 9281 500000 SH DEFINED 0130 500000
TELE-COMMUNICATION A COM 87924V101 967 52100 SH DEFINED 0124 52100
TELE-COMMUNICATION A COM 87924V101 260 14000 SH DEFINED 0125 14000
TELE-COMMUNICATION A COM 87924V101 70507 3798350 SH DEFINED 011516 3798350
TELE-COMMUNICATION A COM 87924V101 1355 73000 SH DEFINED 011620 73000
TELE-COMMUNICATION A COM 87924V101 9281 500000 SH DEFINED 011614 500000
TELE-COMMUNICATION A COM 87924V101 31369 1689869 SH DEFINED 0102 1689869
TELE-COMMUNICATION A COM 87924V101 1350 72744 SH DEFINED 0103 72744
LIBERTY MEDIA CL A COM 87924V507 52750 2000000 SH DEFINED 011516 2000000
LIBERTY MEDIA CL A COM 87924V507 692 26250 SH DEFINED 011620 26250
LIBERTY MEDIA CL A COM 87924V507 32 1200 SH DEFINED 0102 1200
LIBERTY MEDIA CL A COM 87924V507 7702 292000 SH DEFINED 0131 292000
<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
LIBERTY MEDIA CL A COM 87924V507 477 18100 SH DEFINED 0103 18100
TELE DANMARK ADS COM 879242105 27169 1050000 SH DEFINED 0113 1050000
TELE DANMARK ADS COM 879242105 5175 200000 SH DEFINED 0132 200000
TELE DANMARK ADS COM 879242105 10091 390000 SH DEFINED 0107 390000
TELE DANMARK ADS COM 879242105 15525 600000 SH DEFINED 011618 600000
TELE DANMARK ADS COM 879242105 18113 700000 SH DEFINED 0131 700000
TELE DANMARK ADS COM 879242105 776 30000 SH DEFINED 0103 30000
TELE DANMARK ADS COM 879242105 8283 320120 SH DEFINED 01 320120
TELEBRAS ADR COM 879287100 2488 50000 SH DEFINED 0108 50000
TELEBRAS ADR COM 879287100 6647 133600 SH DEFINED 0112 133600
TELEBRAS ADR COM 879287100 6219 125000 SH DEFINED 0135 125000
TELEBRAS ADR COM 879287100 10139 203800 SH DEFINED 011617 203800
TELEDYNE COM 879335107 164 5856 SH DEFINED 0103 5856
TELEFLEX INC COM 879369106 9702 215000 SH DEFINED 0108 215000
TELEFONICA DE ESPANA COM 879382208 11400 240000 SH DEFINED 0132 240000
TELEFONICA DE ESPANA COM 879382208 9500 200000 SH DEFINED 0135 200000
TELEFONICA DE ESPANA COM 879382208 1781 37500 SH DEFINED 011620 37500
TELEFONOS DE MEXICO COM 879403780 7759 236000 SH DEFINED 01 236000
TELLABS COM 879664100 48375 1000000 SH DEFINED 0126 1000000
TELLABS COM 879664100 58050 1200000 SH DEFINED 0111 1200000
TELLABS COM 879664100 7256 150000 SH DEFINED 011622 150000
TELLABS COM 879664100 14513 300000 SH DEFINED 011623 300000
TELLABS COM 879664100 38745 800900 SH DEFINED 0102 800900
TELLABS COM 879664100 13085 270500 SH DEFINED 0131 270500
TELLABS COM 879664100 2351 48597 SH DEFINED 0103 48597
TEMPEST REINS PRIVAT COM 8798009A0 10575 80000 SH DEFINED 0108 80000
TEMPEST REINS PRIVAT COM 8798009A0 3966 30000 SH DEFINED 0128 30000
TEMPEST REINS PRIVAT COM 8798009A0 10575 80000 SH DEFINED 0124 80000
TEMPEST REINS PRIVAT COM 8798009A0 10179 77000 SH DEFINED 0131 77000
TEMPEST REINS PRIVAT COM 8798009A0 397 3000 SH DEFINED 0103 3000
TEMPLE INLAND COM 879868107 3516 75000 SH DEFINED 0124 75000
TEMPLE INLAND COM 879868107 567 12100 SH DEFINED 0125 12100
TEMPLE INLAND COM 879868107 146 3100 SH DEFINED 0102 3100
TEMPLE INLAND COM 879868107 449 9594 SH DEFINED 0103 9594
TENCOR INSTRUMENTS COM 880323100 8100 450000 SH DEFINED 0106 450000
TENET HEALTHCARE COR COM 88033G100 14700 700000 SH DEFINED 0130 700000
TENET HEALTHCARE COR COM 88033G100 6720 320000 SH DEFINED 0108 320000
TENET HEALTHCARE COR COM 88033G100 21000 1000000 SH DEFINED 0126 1000000
TENET HEALTHCARE COR COM 88033G100 14732 701500 SH DEFINED 011516 701500
TENET HEALTHCARE COR COM 88033G100 1995 95000 SH DEFINED 011619 95000
TENET HEALTHCARE COR COM 88033G100 8820 420000 SH DEFINED 011614 420000
TENET HEALTHCARE COR COM 88033G100 461 21947 SH DEFINED 0103 21947
TENNECO INC COM 880370101 7040 126000 SH DEFINED 0124 126000
TENNECO INC COM 880370101 1330 23800 SH DEFINED 0125 23800
TENNECO INC COM 880370101 6984 125000 SH DEFINED 0107 125000
TENNECO INC COM 880370101 456 8169 SH DEFINED 0102 8169
TENNECO INC COM 880370101 1365 24440 SH DEFINED 0103 24440
TENNECO INC COM 880370101 9435 168864 SH DEFINED 01 168864
TENNECO SRS B $100 PREFERRED STOCK 880370721 3802 37973 SH DEFINED 0105 37973
TENNECO SRS B $100 PREFERRED STOCK 880370721 764 7634 SH DEFINED 01 7634
<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
TENNECO SRS B $100 PREFERRED STOCK 880370721 193 1926 SH DEFINED 01 1926
TEVA PHARM INDS -AD COM 881624209 7700 200000 SH DEFINED 0111 200000
TEVA PHARM INDS -AD COM 881624209 1540 40000 SH DEFINED 011622 40000
TEVA PHARM INDS -AD COM 881624209 3080 80000 SH DEFINED 011623 80000
TEVA PHARM INDS -AD COM 881624209 1155 30000 SH DEFINED 011619 30000
TEVA PHARM INDS -AD COM 881624209 5005 130000 SH DEFINED 011614 130000
TEXACO COM 881694103 2384 27726 SH DEFINED 0103 27726
TEXAS INSTRUMENTS COM 882508104 193 3800 SH DEFINED 0102 3800
TEXAS INSTRUMENTS COM 882508104 1009 19828 SH DEFINED 0103 19828
TEXAS UTILITIES COM 882848104 981 23706 SH DEFINED 0103 23706
TEXAS UTILITIES PREFERRED STOCK 882850431 5171 54000 SH DEFINED 0105 54000
TEXTRON INC COM 883203101 24000 300000 SH DEFINED 0113 300000
TEXTRON INC COM 883203101 18000 225000 SH DEFINED 0131 225000
TEXTRON INC COM 883203101 1353 16907 SH DEFINED 0103 16907
THAMES WATER DIV SHR COM 883300980 551 62842 SH DEFINED 0113 62842
THERMO ELECTRON CVT CONV BOND 883556AF9 2000 1600000 PRN DEFINED 011619 1600000
THERMO ELECTRON CVT CONV BOND 883556AF9 9375 7500000 PRN DEFINED 011614 7500000
THERMO-ELECTRON COM 883556102 10710 180000 SH DEFINED 011614 180000
THERMO SENTRON COM 883593105 2160 135000 SH DEFINED 011619 135000
THERMEDICS INC COM 883901100 10282 364000 SH DEFINED 0102 364000
THERMEDICS INC COM 883901100 331 11700 SH DEFINED 0103 11700
THIOKOL CORP COM 884103102 5892 134300 SH DEFINED 0108 134300
THIOKOL CORP COM 884103102 1843 42000 SH DEFINED 011619 42000
THIOKOL CORP COM 884103102 13 300 SH DEFINED 0102 300
THIOKOL CORP COM 884103102 2501 57000 SH DEFINED 0131 57000
THIOKOL CORP COM 884103102 136 3100 SH DEFINED 0103 3100
THOMAS & BETTS COM 884315102 15000 200000 SH DEFINED 0107 200000
THOMAS & BETTS COM 884315102 120 1600 SH DEFINED 0102 1600
THOMAS & BETTS COM 884315102 20625 275000 SH DEFINED 0131 275000
THOMAS & BETTS COM 884315102 977 13020 SH DEFINED 0103 13020
3 COM CORP COM 885535104 59813 1500000 SH DEFINED 0126 1500000
3 COM CORP COM 885535104 14953 375000 SH DEFINED 0106 375000
3 COM CORP COM 885535104 5359 134400 SH DEFINED 0124 134400
3 COM CORP COM 885535104 1196 30000 SH DEFINED 0125 30000
3 COM CORP COM 885535104 11963 300000 SH DEFINED 011618 300000
3 COM CORP COM 885535104 2552 64000 SH DEFINED 011619 64000
3 COM CORP COM 885535104 10647 267000 SH DEFINED 011614 267000
3 COM CORP COM 885535104 234052 5869311 SH DEFINED 0102 5869311
3 COM CORP COM 885535104 21090 528900 SH DEFINED 0131 528900
3 COM CORP COM 885535104 4673 117210 SH DEFINED 0103 117210
3 COM CORP COM 885535104 11025 276500 SH DEFINED 01 276500
TIDEWATER INC COM 886423102 2470 65000 SH DEFINED 011619 65000
TIDEWATER INC COM 886423102 10450 275000 SH DEFINED 011614 275000
TIME WARNER INC COM 887315109 26569 650000 SH DEFINED 0130 650000
TIME WARNER INC COM 887315109 9197 225000 SH DEFINED 0108 225000
TIME WARNER INC COM 887315109 40875 1000000 SH DEFINED 0126 1000000
TIME WARNER INC COM 887315109 22228 543800 SH DEFINED 0124 543800
TIME WARNER INC COM 887315109 4316 105600 SH DEFINED 0125 105600
TIME WARNER INC COM 887315109 163500 4000000 SH DEFINED 011516 4000000
TIME WARNER INC COM 887315109 18394 450000 SH DEFINED 011618 450000
<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
TIME WARNER INC COM 887315109 3270 80000 SH DEFINED 011620 80000
TIME WARNER INC COM 887315109 30716 751569 SH DEFINED 0102 751569
TIME WARNER INC COM 887315109 3134 76677 SH DEFINED 0103 76677
TIMES MIRROR CL A COM 887364107 449 11401 SH DEFINED 0103 11401
TIMKEN CO. COM 887389104 148032 3209367 SH DEFINED 0103 3209367
TOOTSIE ROLL INDS COM 890516107 36500 1000000 SH DEFINED 011516 1000000
TORCHMARK CORP COM 891027104 339 7523 SH DEFINED 0103 7523
TOTAL COM 89151E109 23800 700000 SH DEFINED 0130 700000
TOTAL COM 89151E109 6120 180000 SH DEFINED 0108 180000
TOTAL COM 89151E109 23800 700000 SH DEFINED 0113 700000
TOTAL COM 89151E109 10540 310000 SH DEFINED 0107 310000
TOTAL COM 89151E109 22100 650000 SH DEFINED 011618 650000
TOTAL COM 89151E109 17000 500000 SH DEFINED 0131 500000
TOTAL COM 89151E109 646 19000 SH DEFINED 0103 19000
TOWER AUTO COM 891707101 4838 300000 SH DEFINED 0128 300000
TOYOTA ADR COM 892331307 801 18000 SH DEFINED 011620 18000
TOYS R US COM 892335100 24300 900000 SH DEFINED 0131 900000
TOYS R US COM 892335100 1773 65676 SH DEFINED 0103 65676
TRANSAMERICA CORP COM 893485102 537 7178 SH DEFINED 0103 7178
TRANSPORT HLDGS CL A COM 893855106 0 8 SH DEFINED 0102 8
TRANSPORT DE GAS COM 893870204 4800 400000 SH DEFINED 0132 400000
TRANSPACIFIC RES 4% COM 893880997 0 250000 SH DEFINED 0102 250000
TRANSDIGM WARRANTS WARRANT 893900993 399 3989 SH DEFINED 0104 3989
TRANSDIGM WARRANTS WARRANT 893900993 891 8910 SH DEFINED 0109 8910
TRAVELERS INC NEW COM 894190107 29700 450000 SH DEFINED 0130 450000
TRAVELERS INC NEW COM 894190107 33000 500000 SH DEFINED 0111 500000
TRAVELERS INC NEW COM 894190107 4600 69700 SH DEFINED 0124 69700
TRAVELERS INC NEW COM 894190107 1723 26100 SH DEFINED 0125 26100
TRAVELERS INC NEW COM 894190107 36300 550000 SH DEFINED 011618 550000
TRAVELERS INC NEW COM 894190107 2442 37000 SH DEFINED 011620 37000
TRAVELERS INC NEW COM 894190107 43488 658831 SH DEFINED 0102 658831
TRAVELERS INC NEW COM 894190107 3611 54698 SH DEFINED 0103 54698
TRAVELERS INC NEW COM 894190107 6198 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 440 6681 SH DEFINED 0103 6681
TRINITY INDUSTRIES COM 896522109 11334 325000 SH DEFINED 0108 325000
TRINOVA CORP COM 896678109 97 3050 SH DEFINED 0103 3050
TUBOSCOPE COM 898600101 1950 200000 SH DEFINED 011619 200000
TULTEX CORP COM 899900104 267 57668 SH DEFINED 0102 57668
TURNER BROADCAST B COM 900262502 10850 400000 SH DEFINED 011618 400000
TYCO INTERNATIONAL COM 902120104 12870 360000 SH DEFINED 0108 360000
TYCO INTERNATIONAL COM 902120104 35750 1000000 SH DEFINED 0126 1000000
TYCO INTERNATIONAL COM 902120104 17875 500000 SH DEFINED 0111 500000
TYCO INTERNATIONAL COM 902120104 17414 487100 SH DEFINED 0124 487100
TYCO INTERNATIONAL COM 902120104 3046 85200 SH DEFINED 0125 85200
TYCO INTERNATIONAL COM 902120104 3218 90000 SH DEFINED 011622 90000
TYCO INTERNATIONAL COM 902120104 7150 200000 SH DEFINED 011623 200000
TYCO INTERNATIONAL COM 902120104 35750 1000000 SH DEFINED 011618 1000000
<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
TYCO INTERNATIONAL COM 902120104 2681 75000 SH DEFINED 011619 75000
TYCO INTERNATIONAL COM 902120104 3872 108300 SH DEFINED 011620 108300
TYCO INTERNATIONAL COM 902120104 11798 330000 SH DEFINED 011614 330000
TYCO INTERNATIONAL COM 902120104 14946 418098 SH DEFINED 0102 418098
TYCO INTERNATIONAL COM 902120104 4934 138000 SH DEFINED 0131 138000
TYCO INTERNATIONAL COM 902120104 5695 159307 SH DEFINED 0103 159307
TYCO INTERNATIONAL COM 902120104 7329 205000 SH DEFINED 01 205000
UCAR INTERNATIONAL COM 90262K109 19438 500000 SH DEFINED 0130 500000
UCAR INTERNATIONAL COM 90262K109 7775 200000 SH DEFINED 0108 200000
UCAR INTERNATIONAL COM 90262K109 7775 200000 SH DEFINED 0135 200000
UCAR INTERNATIONAL COM 90262K109 1944 50000 SH DEFINED 011619 50000
UCAR INTERNATIONAL COM 90262K109 2333 60000 SH DEFINED 011620 60000
UCAR INTERNATIONAL COM 90262K109 7969 205000 SH DEFINED 011614 205000
UCAR INTERNATIONAL COM 90262K109 4607 118500 SH DEFINED 01 118500
UGI CORP COM 902681105 0 4700 SH DEFINED 0102 4700
USX MARATHON GROUP COM 902905827 581 30179 SH DEFINED 0103 30179
UST INC COM 902911106 31875 1000000 SH DEFINED 0113 1000000
UST INC COM 902911106 15300 480000 SH DEFINED 0107 480000
UST INC COM 902911106 23109 725000 SH DEFINED 0131 725000
UST INC COM 902911106 1603 50295 SH DEFINED 0103 50295
UST INC COM 902911106 7111 223090 SH DEFINED 01 223090
USA WASTE SERVICES I COM 902917103 30600 1200000 SH DEFINED 011516 1200000
UNUM CORP COM 903192102 29750 500000 SH DEFINED 0130 500000
UNUM CORP COM 903192102 9520 160000 SH DEFINED 0108 160000
UNUM CORP COM 903192102 35700 600000 SH DEFINED 0126 600000
UNUM CORP COM 903192102 34641 582200 SH DEFINED 0124 582200
UNUM CORP COM 903192102 6414 107800 SH DEFINED 0125 107800
UNUM CORP COM 903192102 41650 700000 SH DEFINED 011618 700000
UNUM CORP COM 903192102 2083 35000 SH DEFINED 011619 35000
UNUM CORP COM 903192102 3320 55800 SH DEFINED 011620 55800
UNUM CORP COM 903192102 8628 145000 SH DEFINED 011614 145000
UNUM CORP COM 903192102 196120 3296031 SH DEFINED 0102 3296031
UNUM CORP COM 903192102 15428 259300 SH DEFINED 0131 259300
UNUM CORP COM 903192102 4024 67638 SH DEFINED 0103 67638
UNUM CORP COM 903192102 17280 290420 SH DEFINED 01 290420
US DIAG LABS 144A CONV BOND 90328QAA6 2000 2000000 PRN DEFINED 0104 2000000
U S F & G CORP COM 903290104 183 11782 SH DEFINED 0103 11782
USX-US STEEL GROUP COM 90337T101 301 8683 SH DEFINED 0103 8683
ULTRAMAR COM 903912103 17325 600000 SH DEFINED 0113 600000
ULTRAMAR COM 903912103 2160 74800 SH DEFINED 01 74800
UNILEVER NV NY SHRS COM 904784501 30544 225000 SH DEFINED 0113 225000
UNILEVER NV NY SHRS COM 904784501 10181 75000 SH DEFINED 0107 75000
UNILEVER NV NY SHRS COM 904784501 163 1200 SH DEFINED 0102 1200
UNILEVER NV NY SHRS COM 904784501 20363 150000 SH DEFINED 0131 150000
UNILEVER NV NY SHRS COM 904784501 3163 23301 SH DEFINED 0103 23301
UNICOM CORP COM 904911104 16200 600000 SH DEFINED 0113 600000
UNICOM CORP COM 904911104 5400 200000 SH DEFINED 0124 200000
UNICOM CORP COM 904911104 3416 126500 SH DEFINED 0125 126500
UNICOM CORP COM 904911104 609 22562 SH DEFINED 0103 22562
UNION CAMP CORP COM 905530101 27294 550000 SH DEFINED 0113 550000
<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
UNION CAMP CORP COM 905530101 13399 270000 SH DEFINED 0107 270000
UNION CAMP CORP COM 905530101 74 1500 SH DEFINED 0102 1500
UNION CAMP CORP COM 905530101 19850 400000 SH DEFINED 0131 400000
UNION CAMP CORP COM 905530101 1110 22373 SH DEFINED 0103 22373
UNION CARBIDE CORP COM 905581104 715 14412 SH DEFINED 0103 14412
UNION ELECTRIC COM 906548102 9225 225000 SH DEFINED 0132 225000
UNION ELECTRIC COM 906548102 440 10726 SH DEFINED 0103 10726
UNION PACIFIC CORP COM 907818108 24019 350000 SH DEFINED 0130 350000
UNION PACIFIC CORP COM 907818108 6863 100000 SH DEFINED 0108 100000
UNION PACIFIC CORP COM 907818108 30881 450000 SH DEFINED 0113 450000
UNION PACIFIC CORP COM 907818108 6808 99200 SH DEFINED 0124 99200
UNION PACIFIC CORP COM 907818108 3170 46200 SH DEFINED 0125 46200
UNION PACIFIC CORP COM 907818108 11666 170000 SH DEFINED 0107 170000
UNION PACIFIC CORP COM 907818108 20588 300000 SH DEFINED 011618 300000
UNION PACIFIC CORP COM 907818108 35839 522260 SH DEFINED 0102 522260
UNION PACIFIC CORP COM 907818108 22303 325000 SH DEFINED 0131 325000
UNION PACIFIC CORP COM 907818108 3508 51135 SH DEFINED 0103 51135
UNION PACIFIC CORP COM 907818108 12970 188998 SH DEFINED 01 188998
UNISYS CORP COM 909214108 108 18030 SH DEFINED 0103 18030
UTD DOMINION IND LTD COM 909914103 5229 215640 SH DEFINED 0103 215640
UNITED HEALTHCARE COM 910581107 79950 1300000 SH DEFINED 0126 1300000
UNITED HEALTHCARE COM 910581107 36900 600000 SH DEFINED 0111 600000
UNITED HEALTHCARE COM 910581107 12706 206600 SH DEFINED 0124 206600
UNITED HEALTHCARE COM 910581107 1950 31700 SH DEFINED 0125 31700
UNITED HEALTHCARE COM 910581107 6058 98500 SH DEFINED 011622 98500
UNITED HEALTHCARE COM 910581107 13081 212700 SH DEFINED 011623 212700
UNITED HEALTHCARE COM 910581107 49200 800000 SH DEFINED 011618 800000
UNITED HEALTHCARE COM 910581107 104033 1691500 SH DEFINED 0102 1691500
UNITED HEALTHCARE COM 910581107 1792 29138 SH DEFINED 0103 29138
UNITED HEALTHCARE COM 910581107 6293 102320 SH DEFINED 01 102320
UNITED ILLUM CO COM 910637107 85 2300 SH DEFINED 0102 2300
UNITED MERIDIAN CORP COM 910865104 7163 300000 SH DEFINED 0106 300000
U.S. BANCORP COM 911596104 541 15907 SH DEFINED 0103 15907
US FILTER CORP 144A CONV BOND 911843AC4 12188 10000000 PRN DEFINED 0130 10000000
US FILTER CORP 144A CONV BOND 911843AC4 10359 8500000 PRN DEFINED 0107 8500000
U S FILTER CORP COM 911843209 16633 594000 SH DEFINED 0102 594000
U S FILTER CORP COM 911843209 6860 245000 SH DEFINED 0131 245000
U S FILTER CORP COM 911843209 918 32800 SH DEFINED 0103 32800
US AIR GROUP INC. COM 911905107 120 6572 SH DEFINED 0103 6572
US HEALTH CARE INC COM 911910107 27525 600000 SH DEFINED 0130 600000
US HEALTH CARE INC COM 911910107 7340 160000 SH DEFINED 0107 160000
US HEALTH CARE INC COM 911910107 170 3700 SH DEFINED 0102 3700
US HEALTH CARE INC COM 911910107 740 16124 SH DEFINED 0103 16124
U. S. SURGICAL CORP COM 912707106 197 6000 SH DEFINED 0103 6000
U S WEST COM 912889102 52348 1616920 SH DEFINED 0102 1616920
U S WEST COM 912889102 1796 55476 SH DEFINED 0103 55476
US WEST MEDIA COM 912889201 23719 1150000 SH DEFINED 011516 1150000
US WEST MEDIA COM 912889201 1021 49498 SH DEFINED 0103 49498
UNITED TECHNOLOGIES COM 913017109 28063 250000 SH DEFINED 0130 250000
UNITED TECHNOLOGIES COM 913017109 10103 90000 SH DEFINED 0108 90000
<PAGE> PAGE 73
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 TECHNOLOGIES COM 913017109 78575 700000 SH DEFINED 0126 700000
UNITED TECHNOLOGIES COM 913017109 11225 100000 SH DEFINED 0107 100000
UNITED TECHNOLOGIES COM 913017109 39288 350000 SH DEFINED 011618 350000
UNITED TECHNOLOGIES COM 913017109 2223 19800 SH DEFINED 011620 19800
UNITED TECHNOLOGIES COM 913017109 10494 93475 SH DEFINED 0102 93475
UNITED TECHNOLOGIES COM 913017109 1651 14708 SH DEFINED 0103 14708
UNITED TECHNOLOGIES COM 913017109 14500 129175 SH DEFINED 01 129175
UNITED WASTE SYS INC COM 913174108 16250 325000 SH DEFINED 0106 325000
UNITED WASTE SYS INC COM 913174108 10000 200000 SH DEFINED 011614 200000
UNITED WASTE SYS INC COM 913174108 11185 223700 SH DEFINED 0102 223700
UNITED WASTE SYS INC COM 913174108 275 5500 SH DEFINED 0103 5500
UNITED WASTE SYS INC COM 913174108 2250 45000 SH DEFINED 01 45000
UNITED WISCONSIN SVC COM 913236105 1570 72600 SH DEFINED 0128 72600
UNOCAL CORP COM 915289102 866 25953 SH DEFINED 0103 25953
USLIFE CORP COM 917318107 25254 859694 SH DEFINED 0103 859694
V. F. CORP COM 918204108 6807 123200 SH DEFINED 0124 123200
V. F. CORP COM 918204108 602 10900 SH DEFINED 0125 10900
V. F. CORP COM 918204108 365 6600 SH DEFINED 0102 6600
V. F. CORP COM 918204108 818 14793 SH DEFINED 0103 14793
VAALREEFS EXP & MNG COM 918506403 478 50000 SH DEFINED 0127 50000
VALUEVISION INTL INC COM 92047K107 2569 300000 SH DEFINED 0128 300000
STAR PORTFOLIO COM 921909107 2 110 SH DEFINED 01 110
VARITY CORP COM 92224R602 182 4218 SH DEFINED 0103 4218
VAUGHAN BASSETT FURN COM 922272117 44 1440 SH DEFINED 0102 1440
VERIFONE INC COM 923429104 4259 101400 SH DEFINED 011619 101400
VERIFONE INC COM 923429104 18518 440900 SH DEFINED 011614 440900
VESSEL CHARTERS INC COM 925400996 0 25000 SH DEFINED 0102 25000
VIACOM INC WTS C '97 WARRANT 925524126 459 350000 SH DEFINED 011516 350000
VIACOM INC CL B COM 925524308 1630 38684 SH DEFINED 0103 38684
VIKING OFFICE PRODS COM 926913104 2503 45000 SH DEFINED 011619 45000
VIKING OFFICE PRODS COM 926913104 15297 275000 SH DEFINED 011614 275000
VIKING OFFICE PRODS COM 926913104 35226 633300 SH DEFINED 0102 633300
VIKING OFFICE PRODS COM 926913104 7632 137200 SH DEFINED 0131 137200
VIKING OFFICE PRODS COM 926913104 1463 26300 SH DEFINED 0103 26300
VIRGINIA-AMER WTR CO PREFERRED STOCK 927990200 206 2400 SH DEFINED 0113 2400
VISHAY INTRTECHNOLOG COM 928298108 27000 1000000 SH DEFINED 0126 1000000
VISHAY INTRTECHNOLOG COM 928298108 16200 600000 SH DEFINED 0111 600000
VISHAY INTRTECHNOLOG COM 928298108 33750 1250000 SH DEFINED 011516 1250000
VISHAY INTRTECHNOLOG COM 928298108 16200 600000 SH DEFINED 011618 600000
VISHAY INTRTECHNOLOG COM 928298108 129340 4790273 SH DEFINED 0102 4790273
VISHAY INTRTECHNOLOG COM 928298108 671 24850 SH DEFINED 0103 24850
VISHAY INTRTECHNOLOG COM 928298108 10316 382077 SH DEFINED 01 382077
VIVRA COM 92855M104 2083 70000 SH DEFINED 011619 70000
VIVRA COM 92855M104 8925 300000 SH DEFINED 011614 300000
VIVRA COM 92855M104 9 300 SH DEFINED 0102 300
VIVRA COM 92855M104 2672 89800 SH DEFINED 0131 89800
VIVRA COM 92855M104 146 4900 SH DEFINED 0103 4900
WHX CORPORATION COM 929248102 1572 139759 SH DEFINED 0103 139759
WICOR INC COM 929253102 6750 200000 SH DEFINED 0132 200000
WMX TECHNOLOGIES INC COM 92929Q107 46038 1450000 SH DEFINED 011516 1450000
<PAGE> PAGE 74
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
WMX TECHNOLOGIES INC COM 92929Q107 1238 39000 SH DEFINED 011620 39000
WMX TECHNOLOGIES INC COM 92929Q107 12818 403706 SH DEFINED 0102 403706
WMX TECHNOLOGIES INC COM 92929Q107 15875 500000 SH DEFINED 0131 500000
WMX TECHNOLOGIES INC COM 92929Q107 1622 51084 SH DEFINED 0103 51084
WPP GROUP PLC -ADR COM 929309300 5154 168297 SH DEFINED 0103 168297
WABAN INC COM 929394104 1859 70825 SH DEFINED 0103 70825
WACHOVIA CORP COM 929771103 800 17882 SH DEFINED 0103 17882
WACKENHUT CORRECTION COM 929798106 1755 45000 SH DEFINED 011619 45000
WACKENHUT CORRECTION COM 929798106 5460 140000 SH DEFINED 011614 140000
WACKENHUT CORRECTION COM 929798106 5581 143100 SH DEFINED 0102 143100
WACKENHUT CORRECTION COM 929798106 4559 116900 SH DEFINED 0131 116900
WACKENHUT CORRECTION COM 929798106 359 9200 SH DEFINED 0103 9200
WAL MART STORES COM 931142103 563 24380 SH DEFINED 0102 24380
WAL MART STORES COM 931142103 5571 240897 SH DEFINED 0103 240897
WAL MART STORES COM 931142103 740 32000 SH DEFINED 01 32000
WALBRO CORP COM 931154108 3700 181604 SH DEFINED 0103 181604
WALGREEN CO. COM 931422109 40 1200 SH DEFINED 0102 1200
WALGREEN CO. COM 931422109 843 25835 SH DEFINED 0103 25835
WARNACO COM 934390105 19300 800000 SH DEFINED 0130 800000
WARNACO COM 934390105 724 30000 SH DEFINED 01 30000
WARNER LAMBERT CO COM 934488107 13423 130000 SH DEFINED 0107 130000
WARNER LAMBERT CO COM 934488107 248 2400 SH DEFINED 0102 2400
WARNER LAMBERT CO COM 934488107 1468 14214 SH DEFINED 0103 14214
WASHINGTON GAS LIGHT COM 938837101 5469 250000 SH DEFINED 0132 250000
WATERHOUSE INVESTORS COM 941547101 1126 34000 SH DEFINED 011619 34000
WATSON PHARMACEUTICA COM 942683103 12000 300000 SH DEFINED 011516 300000
WATSON PHARMACEUTICA COM 942683103 1656 41400 SH DEFINED 011619 41400
WATSON PHARMACEUTICA COM 942683103 7360 184000 SH DEFINED 011614 184000
WAXMAN IND WRNTS WARRANT 944124122 107 143075 SH DEFINED 0116 143075
WAXMAN IND WRNTS WARRANT 944124122 10 13275 SH DEFINED 01 13275
WAXMAN IND WARRANTS WARRANT 944124999 2 150000 SH DEFINED 0105 150000
WEATHERFORD ENTERRA COM 947071106 8719 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 5000 200000 SH DEFINED 011618 200000
WELLS FARGO & CO COM 949740104 1287 4931 SH DEFINED 0103 4931
WELLS FARGO & CO COM 949740104 783 3000 SH DEFINED 01 3000
WELLSFORD RES PROP COM 950241109 10938 500000 SH DEFINED 0113 500000
WELLSFORD RES PROP COM 950241109 3391 155000 SH DEFINED 0107 155000
WENDYS INTL INC COM 950590109 279 15400 SH DEFINED 0125 15400
WENDYS INTL INC COM 950590109 9063 500000 SH DEFINED 011618 500000
WENDYS INTL INC COM 950590109 10 500 SH DEFINED 0102 500
WENDYS INTL INC COM 950590109 239 13181 SH DEFINED 0103 13181
WEST COMPANY COM 953348109 9098 391324 SH DEFINED 0103 391324
WESTERN AREA COM 957654205 1229 75928 SH DEFINED 0127 75928
WESTERN ATLAS INC COM 957674104 335 5582 SH DEFINED 0103 5582
WEST DEEP LEVELS ADR COM 958077208 1147 25000 SH DEFINED 0127 25000
WESTERN PACIFIC COM 959080102 708 50100 SH DEFINED 0128 50100
WESTERN RESOURCE INC PREFERRED STOCK 959425406 574 10000 SH DEFINED 0113 10000
WESTINGHOUSE ELEC COM 960402105 9625 500000 SH DEFINED 0108 500000
<PAGE> PAGE 75
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
WESTINGHOUSE ELEC COM 960402105 13475 700000 SH DEFINED 011618 700000
WESTINGHOUSE ELEC COM 960402105 7773 403813 SH DEFINED 0103 403813
WESTVACO CORP COM 961548104 19828 675000 SH DEFINED 0113 675000
WESTVACO CORP COM 961548104 310 10561 SH DEFINED 0103 10561
WEYERHAEUSER COM 962166104 2103 45600 SH DEFINED 0124 45600
WEYERHAEUSER COM 962166104 1102 23900 SH DEFINED 0125 23900
WEYERHAEUSER COM 962166104 15683 340000 SH DEFINED 0107 340000
WEYERHAEUSER COM 962166104 13838 300000 SH DEFINED 011516 300000
WEYERHAEUSER COM 962166104 409 8860 SH DEFINED 0102 8860
WEYERHAEUSER COM 962166104 1129 24475 SH DEFINED 0103 24475
WEYERHAEUSER COM 962166104 4151 90000 SH DEFINED 01 90000
WHIRLPOOL CORP COM 963320106 429 7766 SH DEFINED 0103 7766
WHITMAN CORP COM 96647K102 268 11047 SH DEFINED 0103 11047
WILLAMETTE IND INC COM 969133107 350 5807 SH DEFINED 0103 5807
WILLIAM COMPANIES COM 969457100 537 10666 SH DEFINED 0103 10666
WINN-DIXIE COM 974280109 539 16029 SH DEFINED 0103 16029
WIRELESS ONE COM 97652H109 403 25000 SH DEFINED 0109 25000
WIRELESS ONE COM 97652H109 8063 500000 SH DEFINED 011516 500000
WISCONSIN ENERGY COM 976657106 5675 200000 SH DEFINED 0132 200000
WOLVERINE TUBE INC COM 978093102 15234 375000 SH DEFINED 0106 375000
WOLVERINE TUBE INC COM 978093102 6094 150000 SH DEFINED 0135 150000
WOLVERINE TUBE INC COM 978093102 1503 37000 SH DEFINED 01 37000
WOOLWORTH CORP COM 980883102 218 13979 SH DEFINED 0103 13979
WORLDCOM INC COM 98155K102 1334 29000 SH DEFINED 011620 29000
WORLDCOM INC COM 98155K102 14 300 SH DEFINED 0102 300
WORLDCOM INC COM 98155K102 2870 62400 SH DEFINED 0131 62400
WORLDCOM INC COM 98155K102 1042 22661 SH DEFINED 0103 22661
WORTHINGTON IND COM 981811102 10931 550000 SH DEFINED 0108 550000
WORTHINGTON IND COM 981811102 190 9536 SH DEFINED 0103 9536
WRIGLEY WM JR CO COM 982526105 16960 289300 SH DEFINED 011516 289300
WRIGLEY WM JR CO COM 982526105 715 12195 SH DEFINED 0103 12195
XEROX COM 984121103 33258 265000 SH DEFINED 0113 265000
XEROX COM 984121103 12550 100000 SH DEFINED 011618 100000
XEROX COM 984121103 163 1300 SH DEFINED 0102 1300
XEROX COM 984121103 23218 185000 SH DEFINED 0131 185000
XEROX COM 984121103 2551 20322 SH DEFINED 0103 20322
YELLOW CORPORATION COM 985509108 36 2848 SH DEFINED 0103 2848
YORK INTL CORP NEW COM 986670107 26950 550000 SH DEFINED 011516 550000
YORK INTL CORP NEW COM 986670107 12250 250000 SH DEFINED 011618 250000
ZENECA GROUP PLC -S COM 98934D106 1275 20000 SH DEFINED 01 20000
ZERO CORP COM 989484100 4188 250000 SH DEFINED 0128 250000
ZERO CORP COM 989484100 186 11085 SH DEFINED 0103 11085
STABLE VALUE FUND COM 990007742 40065 3894358 SH DEFINED 0103 3894358
STABLE CAPITAL II COM 990007940 374 33237 SH DEFINED 0103 33237
AM EXP RESEARCH 839 COM 990008393 7713 329638 SH DEFINED 0103 329638
FEDERAL INCOME FUND COM 990008443 125225 9373067 SH DEFINED 0103 9373067
EQY BASE INDEX COM 990008450 441224 24704588 SH DEFINED 0103 24704588
AM EXP TST BND 831 COM 990009086 11091 246581 SH DEFINED 0103 246581
AM EXP TST EMERG 837 COM 990009300 2501 37177 SH DEFINED 0103 37177
AM EXP TST CORE 838 COM 990009318 6338 72680 SH DEFINED 0103 72680
<PAGE> PAGE 76
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
MANAGED GIC FUND COM 990009326 116942 4672622 SH DEFINED 0103 4672622
INTERNATION COM 990009995 1034 97959 SH DEFINED 0103 97959
EQUITY INDEX 3 COM 990018509 1432 93198 SH DEFINED 0103 93198
REPORT SUMMARY 3653 DATA RECORDS 45385753 35 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
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