<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment: [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Freedom Capital Management Corp.
Address: One Beacon Street - 5th Floor
Boston, MA 02108
13F File Number: 28-2418
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
<PAGE> 2
Person Signing this Report on Behalf of Reporting Manager:
Name: John J. Danello
Title: Executive Vice President
Phone: 617-725-2152
Signature, Place, and Date of Signing:
/s/ John J. Danello Boston, MA May 14, 1999
Report Type:
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
<TABLE>
<CAPTION>
Report Summary:
<S> <C>
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 407
Form 13F Information Table Value Total: $2,232,358
</TABLE>
List of Other Included Managers:
No. 13F File Number Name
<PAGE> 4
<TABLE>
TITLE FORM 13F INFORMATION TABLE
OF VALUE SHARES/SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMTPRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ----- --------- -------- ---------- ---- -------- -------- ----------- ------ ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CHIQUITA BRANDS INTERNATIONAL CONV 170032ah9 9 10000.000PRN SOLE 10000.000
3COM CORP. COM 885535104 11340 486448.00SH SOLE 484718.00 1730.00
ABBOTT LABORATORIES COM 002824100 16474 351919.00SH SOLE 312935.00 38984.00
ADOBE SYSTEMS INC. COM 00724f101 223 3934.00 SH SOLE 3934.00
AES CORPORATION COM 00130h105 405 10868.00 SH SOLE 10868.00
AETNA COM 008117103 863 10394.00 SH SOLE 10394.00
AIR PRODUCTS & CHEMICAL COM 009158106 621 18127.00 SH SOLE 18127.00
AIRTOUCH COMMUNICATIONS INC. COM 00949t100 4238 43858.00 SH SOLE 16841.00 27017.00
ALBERTSONS INC W/RIGHTS COM 013104104 848 15586.00 SH SOLE 15386.00 200.00
ALCAN ALUMINIUM NEW COM COM 013716105 354 13709.00 SH SOLE 13709.00
ALLEGHENY TELEDYNE INC COM COM 017415100 224 11816.00 SH SOLE 11816.00
ALLERGAN INC COM COM 018490102 360 4102.00 SH SOLE 4102.00
ALLIED SIGNAL INC. COM 019512102 11246 228636.00SH SOLE 224236.00 4400.00
ALLSTATE COM 020002101 7343 198132.00SH SOLE 183498.00 14634.00
ALLTEL CORP. COM 020039103 5111 81945.00 SH SOLE 46971.00 34974.00
ALUMINUM CO OF AMERICA COM 013817101 911 22126.00 SH SOLE 22126.00
AMER. ELEC PWR CO COM 025537101 475 11966.00 SH SOLE 11966.00
AMERADA HESS CORP COM 023551104 278 5456.00 SH SOLE 5456.00
AMEREN CORPORATION COM 023608102 299 8270.00 SH SOLE 8270.00
AMERICA ONLINE INC-DEL COM 02364j104 1051 7150.00 SH SOLE 7150.00
AMERICAN EXPRESS CO COM 025816109 6439 54680.00 SH SOLE 53830.00 850.00
AMERICAN GENERAL CORP COM COM 026351106 1070 15183.00 SH SOLE 15183.00
AMERICAN HOME PRODUCTS CORP COM 026609107 17768 272305.00SH SOLE 249070.00 700.00 22535.00
AMERICAN INTERNATIONAL GROUP COM 026874107 37666 312253.00SH SOLE 235476.00 1462.00 75315.00
AMERICAN STORES CO COM 030096101 546 16547.00 SH SOLE 16547.00
AMERITECH CORP. COM 030954101 14822 257207.00SH SOLE 254600.00 2607.00
AMGEN COM 031162100 22012 293985.00SH SOLE 92105.00 201880.00
AMP INC COM 031897101 2106 39371.00 SH SOLE 20182.00 19189.00
AMR CORP COM 001765106 702 11989.00 SH SOLE 11989.00
ANADARKO PETE CORP COM COM 032511107 274 7253.00 SH SOLE 7253.00
ANALOG DEVICES INC. COM 032654105 5680 190940.03SH SOLE 95043.02 95897.01
ANHEUSER BUSCH COS INC COM 035229103 17063 224150.00SH SOLE 200175.00 850.00 23125.00
AON CORP COM COM 037389103 648 10249.00 SH SOLE 10249.00
APPLE COMPUTER INC COM COM 037833100 292 8125.00 SH SOLE 8125.00
APPLIED MATERIALS INC W/COMMON COM 038222105 1374 22267.00 SH SOLE 22267.00
ARCHER DANIELS MIDLAND CO COM 039483102 557 37929.00 SH SOLE 35739.00 2190.00
ASCEND COMMUNICATIONS INC COM 043491109 5796 69251.75 SH SOLE 69251.75
ASSOCIATES FIRST CAPITAL CORP. COM 046008108 14122 313825.00SH SOLE 313197.00 628.00
AT&T CORPORATION COM 001957109 31637 396394.00SH SOLE 387460.00 550.00 8384.00
ATLANTIC RICHFIELD CO COM 048825103 27089 370448.00SH SOLE 364191.00 6257.00
AUTOMATIC DATA PROCESSING COM 053015103 670 16200.00 SH SOLE 8600.00 1600.00 6000.00
AUTOZONE INC COM COM 053332102 279 9190.00 SH SOLE 9190.00
</TABLE>
<PAGE> 5
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
BAKER HUGHES INC. COM 057224107 479 19698.00 SH SOLE 19698.00
BANK OF AMERICA CORPORATION COM 060505104 36135 511652.00SH SOLE 448780.00 62872.00
BANK OF BOSTON CORP COM 06605r106 1062 24530.00 SH SOLE 20430.00 4100.00
BANK OF NEW YORK CO INC. COM 064057102 1658 46134.00 SH SOLE 46134.00
BANK ONE CORP COM 06423a103 18924 343676.00SH SOLE 339384.00 4292.00
BANKERS TRUST NY CORP COM 066365107 516 5849.00 SH SOLE 5749.00 100.00
BARRICK GOLD CORP. COM 067901108 383 22476.00 SH SOLE 22476.00
BATTLE MOUNTAIN GOLD CO COM 071593107 38 13841.00 SH SOLE 13841.00
BAUSCH & LOMB INC COM 071707103 219 3373.00 SH SOLE 3373.00
BAXTER INTERNATIONAL INC. COM 071813109 910 13790.00 SH SOLE 12315.00 1475.00
BB&T CORP COM COM 054937107 645 17813.00 SH SOLE 17813.00
BE AEROSPACE INC. COM 073302101 6250 423735.00SH SOLE 419485.00 4250.00
BEAR STEARNS COMPANIES INC COM 073902108 355 7946.00 SH SOLE 7412.00 534.00
BELL ATLANTIC CORP COM 077853109 15956 308704.00SH SOLE 299564.00 9140.00
BELLSOUTH CORP COM 079860102 16943 422923.00SH SOLE 411969.00 10954.00
BERKSHIRE HATHAWAY INC - CL A COM 084670108 500 7.00 SH SOLE 7.00
BESTFOODS COM 08658u101 1393 29640.00 SH SOLE 2100.00 27540.00
BIOMET INC COM COM 090613100 284 6769.00 SH SOLE 6769.00
BLACK & DECKER CORP COM 091797100 293 5290.00 SH SOLE 5290.00
BOEING CO COM 097023105 2445 71917.00 SH SOLE 61082.00 800.00 10035.00
BOSTON SCIENTIFIC COM 101137107 1490 36670.00 SH SOLE 31820.00 4850.00
BP AMOCO PLC - SPONS ADR COM 055622104 1359 13457.33 SH SOLE 11384.33 2073.00
BRISTOL MYERS SQUIBB CO COM 110122108 18945 295435.00SH SOLE 253207.00 700.00 41528.00
BROWN FORMAN CORP CL B COM 115637209 238 4134.00 SH SOLE 4134.00
BROWNING-FERRIS INDUSTRIES INC COM 115885105 372 9648.00 SH SOLE 9648.00
BRUNSWICK CORP COM 117043109 5992 314323.00SH SOLE 314323.00
BURLINGTON NORTHERN SANTA FE COM 12189t104 7412 225461.00SH SOLE 220967.00 4494.00
BURLINGTON RESOURCES INC. COM 122014103 6535 163634.00SH SOLE 163634.00
C-CUBE MICROSYSTEMS INC. COM 125015107 18400 928710.00SH SOLE 925210.00 3500.00
CAMBRIDGE BANCORP COM 132152109 7147 110808.00SH SOLE 8160.00 102648.00
CAPITAL ONE FINANCIAL CORP COM 14040h105 597 3951.00 SH SOLE 3951.00
CARDINAL HEALTH INC. COM 14149y108 7633 115658.50SH SOLE 115534.50 124.00
CARNIVAL CORP COM COM 143658102 1747 35964.00 SH SOLE 35964.00
CAROLINA PWR & LIGHT CO COM 144141108 435 11491.00 SH SOLE 11421.00 70.00
CATERPILLAR INC COM 149123101 993 21612.00 SH SOLE 21612.00
CBS CORPORATION COM 12490k107 1757 43053.00 SH SOLE 42553.00 500.00
CENDANT COM 151313103 1017 63802.00 SH SOLE 62212.00 1590.00
CENTRAL & SOUTHWEST CORP COM 152357109 436 18604.00 SH SOLE 18604.00
CENTURYTEL INC COM 156700106 270 3846.00 SH SOLE 471.00 3375.00
CERIDIAN CORPORATION COM 15677t106 1733 47400.00 SH SOLE 34850.00 12550.00
CHAMPION INTL CORP COM COM 158525105 237 5766.00 SH SOLE 5766.00
CHANCELLOR MEDIA CORP COM 158915108 10522 223270.00SH SOLE 221970.00 1300.00
CHARTER ONE FINANCIAL INC COM 160903100 289 10031.00 SH SOLE 10031.00
CHASE MANHATTAN CORP NEW COM 16161a108 24386 299671.00SH SOLE 297145.00 400.00 2126.00
CHEVRON CORP COM 166751107 29340 330586.00SH SOLE 322884.00 600.00 7102.00
CHUBB CORP COM 171232101 647 11048.00 SH SOLE 11048.00
CIGNA CORP W/RIGHTS TO PURCHAS COM 125509109 1314 15675.00 SH SOLE 15675.00
CINCINNATI FINL CORP COM COM 172062101 367 10062.00 SH SOLE 10062.00
</TABLE>
<PAGE> 6
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
CINERGY CORP COM 172474108 2236 81313.00 SH SOLE 81313.00
CIRCUIT CITY STORES, INC. COM 172737108 475 6202.00 SH SOLE 6202.00
CISCO SYSTEMS COM 17275r102 14923 136201.00SH SOLE 134009.00 2192.00
CITIGROUP INC COM 172967101 43432 679957.00SH SOLE 676299.00 1075.00 2583.00
CLEAR CHANNEL COMMUN COM COM 184502102 1064 15868.00 SH SOLE 15868.00
COASTAL CORP COM 190441105 423 12808.00 SH SOLE 12808.00
COCA-COLA CO COM 191216100 17315 282122.00SH SOLE 208657.00 1200.00 72265.00
COLGATE-PALMOLIVE CO COM 194162103 532 5778.00 SH SOLE 4578.00 1200.00
COLUMBIA GAS SYSTEM COM 197648108 263 5024.00 SH SOLE 5024.00
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 737 38900.00 SH SOLE 38900.00
COMERICA INC COM COM 200340107 586 9381.00 SH SOLE 9381.00
COMPAQ COMPUTER CORP COM 204493100 15625 493108.00SH SOLE 411293.00 81815.00
COMPUTER ASSOCIATES INTL INC COM 204912109 1300 36544.00 SH SOLE 33914.00 200.00 2430.00
COMPUTER SCIENCES COM 205363104 537 9734.00 SH SOLE 9734.00
COMPUWARE CORPORATION COM 205638109 5664 237220.00SH SOLE 235620.00 1600.00
CON EDISON OF N.Y. INC COM 209115104 645 14242.00 SH SOLE 14042.00 200.00
CONAGRA INC COM 205887102 899 35089.00 SH SOLE 35089.00
CONSECO INC COM 208464107 586 18976.00 SH SOLE 18976.00
CONSOLIDATED NATURAL GAS CO COM 209615103 282 5782.00 SH SOLE 5782.00
CONSOLIDATED STORES CP COM COM 210149100 200 6607.00 SH SOLE 6607.00
CONSTELLATION ENERGY GROUP COM 210371100 542 21346.00 SH SOLE 11847.00 9499.00
COOPER INDUSTRIES COM 216669101 266 6236.00 SH SOLE 6236.00
COSTCO COMPANIES INC. COM 22160q102 1194 13045.00 SH SOLE 13045.00
COUNTRYWIDE CREDIT IND INC COM 222372104 253 6752.00 SH SOLE 6752.00
CROWN CORK & SEAL INC. COM 228255105 223 7823.00 SH SOLE 7373.00 450.00
CSX CORP W/RIGHTS TO PURCHASE COM 126408103 512 13145.00 SH SOLE 13145.00
CVS CORPORATION COM 126650100 8010 168624.00SH SOLE 167624.00 1000.00
D'BRIT CORPORATION COM 24021w104 0 10500.00 SH SOLE 10500.00
DANA CORP. COM 235811106 398 10479.00 SH SOLE 10479.00
DEERE & CO W/RIGHTS TO PURCHAS COM 244199105 615 15917.00 SH SOLE 15567.00 350.00
DELL COMPUTER CORP. COM 247025109 4683 114560.00SH SOLE 113860.00 700.00
DELTA AIR LINES COM 247361108 598 8606.00 SH SOLE 8606.00
DISNEY WALT CO COM 254687106 9315 299277.00SH SOLE 294429.00 4848.00
DOMINION RESOURCES INC COM 257470104 447 12111.00 SH SOLE 11965.00 146.00
DONNELLEY (R R) & SON COM 257867101 263 8178.00 SH SOLE 8178.00
DOW CHEMICAL CO COM 260543103 1720 18457.00 SH SOLE 15027.00 3430.00
DOW JONES & CO. COM 260561105 267 5664.00 SH SOLE 5664.00
DTE ENERGY COMPANY COM 233331107 336 8749.00 SH SOLE 8749.00
DU PONT E I DE NEMOURS & CO COM 263534109 17295 297874.00SH SOLE 255455.00 42419.00
DUKE ENERGY CORP COM 264399106 1279 23343.00 SH SOLE 22009.00 1334.00
EASTMAN CHEMICAL CO COM 277432100 314 7454.00 SH SOLE 5084.00 2370.00
EASTMAN KODAK CO COM 277461109 12575 196865.00SH SOLE 187896.00 900.00 8069.00
EATON CORP COM COM 278058102 307 4297.00 SH SOLE 4297.00
EDISON INT COM 281020107 500 22456.00 SH SOLE 22456.00
ELECTRONIC DATA SYSTEMS CORP COM 285661104 1659 34072.00 SH SOLE 33169.00 903.00
ELECTRONICS FOR IMAGING COM 286082102 8332 213650.00SH SOLE 211450.00 1600.00 600.00
EMC CORP./MASS COM 268648102 10039 78582.00 SH SOLE 73790.00 4792.00
EMERSON ELEC CO COM 291011104 9300 175685.00SH SOLE 171485.00 4200.00
</TABLE>
<PAGE> 7
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ENRON CORP COM 293561106 2027 31555.00 SH SOLE 29922.00 425.00 1208.00
ENTERGY CORPORATION COM 29364g103 408 14850.00 SH SOLE 14850.00
EQUITY OFFICE PROPERTIES COM 294741103 1961 77284.99 SH SOLE 49311.00 27974.00
EXXON CORP COM 302290101 28143 398842.00SH SOLE 246082.00 152760.00
FEDERAL EXPRESS CORP. COM 31304n107 828 8898.00 SH SOLE 8898.00
FEDERAL NATIONAL MORTGAGE ASSN COM 313586109 16819 242868.00SH SOLE 238632.00 4236.00
FEDERATED DEPARTMENT STORES IN COM 31410h101 496 12370.00 SH SOLE 12370.00
FIFTH THIRD BANCORP COM COM 316773100 1059 16057.00 SH SOLE 16057.00
FIRST DATA CORP COM 319963104 2253 52691.00 SH SOLE 47591.00 5100.00
FIRST SERVICE BANK OF SAVINGS COM 336408109 179 178500.00SH SOLE 178500.00
FIRST UNION CORP COM 337358105 18518 346536.00SH SOLE 345526.00 1010.00
FIRST WOBURN BANCORP INC. COM 337592109 14 12500.00 SH SOLE 12500.00
FIRSTENERGY CORP COM COM 337932107 400 14281.00 SH SOLE 14281.00
FLEET FINANCIAL GROUP INC. COM 338915101 15137 402320.00SH SOLE 363708.00 38612.00
FORD MOTOR CO. COM 345370100 16965 299268.00SH SOLE 298068.00 1200.00
FORTUNE BRANDS INC COM 349631101 451 11713.00 SH SOLE 11113.00 600.00
FPL GRP INC COM 302571104 4152 77965.00 SH SOLE 74815.00 3150.00
FRANKLIN RES INC COM COM 354613101 429 15241.00 SH SOLE 15241.00
FRED MEYER INC. COM 592907109 549 9321.00 SH SOLE 9321.00
FREDDIE MAC COM 313400301 10800 188440.00SH SOLE 184145.00 4295.00
FRONTIER CORPORATION COM 35906p105 729 14049.00 SH SOLE 10349.00 3700.00
GANNETT CO COM 364730101 1208 19167.00 SH SOLE 18267.00 900.00
GENERAL DYNAMICS CORP. COM 369550108 491 7643.00 SH SOLE 7643.00
GENERAL ELECTRIC CO COM 369604103 76785 694098.00SH SOLE 355478.00 2800.00 335820.00
GENERAL MILLS INC COM 370334104 655 8669.00 SH SOLE 5622.00 500.00 2547.00
GENERAL MOTORS CORPORATION COM 370442105 19413 223138.00SH SOLE 223138.00
GENUINE PARTS CO COM 372460105 327 11347.00 SH SOLE 11347.00
GEORGIA-PACIFIC CORP. COM 373298108 7558 101789.00SH SOLE 101789.00
GILLETTE CO COM 375766102 19658 330734.00SH SOLE 262986.00 67748.00
GOLDEN WEST FINANCIAL CORP. COM 381317106 328 3431.00 SH SOLE 3431.00
GOODYEAR TIRE & RUBBER CO COM 382550101 468 9403.00 SH SOLE 9403.00
GPU COM 36225x100 6194 165997.00SH SOLE 165927.00 70.00
GRAINGER W W INC COM COM 384802104 247 5730.00 SH SOLE 5730.00
GTE CORP COM 362320103 22494 371807.00SH SOLE 364251.00 350.00 7206.00
H & R BLOCK INC COM 093671105 287 6049.00 SH SOLE 6049.00
HALLIBURTON CO. COM 406216101 1109 28797.00 SH SOLE 28797.00
HANNAFORD BROTHERS CO. COM 410550107 8224 181000.00SH SOLE 181000.00
HARTFORD FINANCIAL SERVICES GR COM 416515104 799 14056.00 SH SOLE 14056.00
HASBRO INC COM COM 418056107 342 11832.00 SH SOLE 11832.00
HEALTHCARE REALTY TRUST INC COM 421946104 1242 65392.00 SH SOLE 22483.00 42909.00
HEALTHSOUTH CORP. COM 421924101 265 25501.00 SH SOLE 25501.00
HERCULES INC COM 427056106 6863 271817.00SH SOLE 271817.00
HEWLETT-PACKARD CO COM 428236103 14695 216707.00SH SOLE 167339.00 49368.00
HILTON HOTELS CORP COM COM 432848109 221 15704.00 SH SOLE 15704.00
HOME DEPOT COM 437076102 10148 163021.00SH SOLE 160261.00 2760.00
HOMESTAKE MINING COM 437614100 124 14396.00 SH SOLE 14396.00
HONEYWELL INC COM 438506107 614 8099.00 SH SOLE 8099.00
HOUSEHOLD INTRNATL INC COM 441815107 24342 533525.00SH SOLE 531925.00 1600.00
</TABLE>
<PAGE> 8
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
HUMANA INC COM COM 444859102 174 10087.00 SH SOLE 10087.00
HUNTINGTON BANCSHARES COM COM 446150104 393 12711.00 SH SOLE 12711.00
I2 TECHNOLOGIES INC COM 465754109 2447 92030.00 SH SOLE 92030.00
ILLINOIS TOOL WORKS COM 452308109 1143 18465.00 SH SOLE 18040.00 425.00
IMS HEALTH INC COM 449934108 1695 51164.00 SH SOLE 11490.00 39674.00
INCO LTD COM COM 453258402 133 10009.00 SH SOLE 10009.00
INGERSOLL RAND CO. COM 456866102 492 9911.00 SH SOLE 9911.00
INTEL CORP COM 458140100 17570 147806.00SH SOLE 121980.00 25826.00
INTERNATIONAL BUSINESS MACHINE COM 459200101 22761 128410.00SH SOLE 113444.00 14966.00
INTERNATIONAL PAPER CO COM 460146103 798 18919.00 SH SOLE 18919.00
INTERNATIONL FLAVORS & FRAG COM 459506101 252 6704.00 SH SOLE 6704.00
INTERPUBLIC GROUP OF COS INC COM 460690100 995 12775.00 SH SOLE 12475.00 300.00
INTIMATE BRANDS INC COM 461156101 4809 99930.00 SH SOLE 99930.00
ITT INDUSTRIES INC. (IND) COM 450911102 221 6255.00 SH SOLE 6255.00
J C PENNEY INC COM 708160106 767 18946.00 SH SOLE 18146.00 800.00
J P MORGAN & CO COM 616880100 2959 23982.00 SH SOLE 14668.00 250.00 9064.00
JEFFERSON-PILOT CORP COM STOCK COM 475070108 6826 100748.00SH SOLE 100748.00
JOHNSON & JOHNSON COM 478160104 11400 121927.00SH SOLE 94265.00 850.00 26812.00
JOHNSON CONTROLS INC. COM 478366107 318 5100.00 SH SOLE 5100.00
KEYCORP COM 493267108 8589 283337.00SH SOLE 283337.00
KIMBERLY CLARK CORP COM 494368103 1199 25020.00 SH SOLE 2700.00 22320.00
KLA-TENCOR CORP COM COM 482480100 256 5264.00 SH SOLE 5264.00
KMART CORP. COM COM 482584109 499 29705.00 SH SOLE 29705.00
KNIGHT RIDDER COM 499040103 277 5536.00 SH SOLE 4936.00 600.00
LAIDLAW INC COM 50730k503 116 19871.00 SH SOLE 19871.00
LEHMAN BROS. HOLDINGS, INC COM 524908100 417 6981.00 SH SOLE 6981.00
LILLY ELI & CO COM 532457108 24429 287829.00SH SOLE 134817.00 153012.00
LIMITED INC COM COM 532716107 4948 124866.00SH SOLE 124866.00
LINCOLN NATL CORP IND COM COM 534187109 602 6092.00 SH SOLE 6092.00
LOCKHEED MARTIN CORP COM 539830109 1149 30447.00 SH SOLE 30447.00
LOEWS CORP COM COM 540424108 512 6858.00 SH SOLE 6858.00
LOWE'S COMPANIES COM 548661107 1285 21245.00 SH SOLE 21245.00
LSI LOGIC CORP W/PREFERRED COM 502161102 266 8521.00 SH SOLE 8521.00
LUCENT TECHNOLOGIES INC COM 549463107 9352 86596.00 SH SOLE 37414.00 356.00 48826.00
MARRIOTT INTL INC NEW CL A COM 571903202 505 15023.00 SH SOLE 15023.00
MARSH & MCLENNAN COS INC COM 571748102 1586 21360.00 SH SOLE 15497.00 5863.00
MASCO CORP COM 574599106 578 20443.00 SH SOLE 20443.00
MATTEL, INC. COM 577081102 458 18377.00 SH SOLE 17807.00 570.00
MAY DEPARTMENT STORES COM 577778103 978 25000.50 SH SOLE 25000.50
MAYTAG CORP COM 578592107 328 5433.00 SH SOLE 5433.00
MBIA INC COM 55262c100 15187 261841.00SH SOLE 261591.00 250.00
MBNA CORP COM 55262l100 1267 53049.00 SH SOLE 41974.00 11075.00
MCCORMICK & CO COM 579780206 5177 178525.00SH SOLE 176315.00 2210.00
MCDONALDS CORP COM 580135101 9565 211082.00SH SOLE 202582.00 8500.00
MCGRAW HILL COMPANIES COM 580645109 680 12472.00 SH SOLE 12472.00
MCI WORLDCOM INC. COM 55268b106 35313 398730.00SH SOLE 339745.00 775.00 58210.00
MEAD CORP W/RTS TO PUR C/STOCK COM 582834107 222 7228.00 SH SOLE 7228.00
MEDIAONE GROUP INC COM 58440j104 15772 248616.00SH SOLE 180791.00 67825.00
</TABLE>
<PAGE> 9
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
MEDTRONIC INC COM COM 585055106 6715 93425.00 SH SOLE 84325.00 9100.00
MELLON BANK CORP COM 585509102 9737 138360.00SH SOLE 137560.00 800.00
MERCANTILE BANCORPORATION COM 587342106 451 9490.00 SH SOLE 9490.00
MERCK & CO COM 589331107 47379 591312.00SH SOLE 279512.00 2000.00 309800.00
MERRILL LYNCH CO COM 590188108 3232 36522.00 SH SOLE 36162.00 360.00
MGIC INVESTMENT CORP. COM 552848103 232 6609.00 SH SOLE 6609.00
MICRON TECHNOLOGY INC COM 595112103 692 14366.00 SH SOLE 14366.00
MICROSOFT CORP COM 594918104 53484 596752.00SH SOLE 353152.00 243600.00
MINNESOTA MINING & MFG CO COM 604059105 9784 138292.00SH SOLE 124282.00 560.00 13450.00
MIRAGE RESORTS INTERNATIONAL COM 60462e104 4206 197944.00SH SOLE 197944.00
MOBIL CORP COM 607059102 31497 357915.00SH SOLE 352925.00 4990.00
MOLEX INC CL A COM 608554200 697 26936.00 SH SOLE 19813.00 7123.00
MONSANTO CO COM 611662107 2382 51858.00 SH SOLE 51658.00 200.00
MORGAN STANLEY, DEAN WITTER, D COM 617446448 3678 36805.00 SH SOLE 34805.00 2000.00
MORTON INTERNATIONAL INC. COM 619335102 269 7310.00 SH SOLE 7310.00
MOTOROLA INC COM 620076109 13236 180693.00SH SOLE 179743.00 950.00
NABISCO HOLDINGS CORP-CL A COM 629526104 4379 105350.00SH SOLE 105150.00 200.00
NATIONAL CITY CORP COM COM 635405103 1304 19653.00 SH SOLE 19653.00
NATIONAL OILWELL INC COM 637071101 1230 106400.00SH SOLE 106400.00
NATIONAL SEMICONDUCTOR CORP. COM 637640103 93 10021.00 SH SOLE 10021.00
NATIONWIDE HEALTH PROPERTIES COM 638620104 1050 55277.00 SH SOLE 38875.00 650.00 15752.00
NEW CENTURY ENERGIES COMMON COM 64352u103 303 8892.00 SH SOLE 8393.00 499.00
NEW YORK TIMES CO CLASS A COM 650111107 403 14142.00 SH SOLE 14142.00
NEWELL RUBBERMAID INC COM 651229106 1093 23012.39 SH SOLE 2.39 23010.00
NEWMONT MINING CORP COM 651639106 183 10451.00 SH SOLE 10451.00
NEXTEL COMMUNICATIONS CL A COM 65332V103 635 17328.00 SH SOLE 17328.00
NIAGARA MOHAWK HOLDINGS INC COM 653520106 152 11287.00 SH SOLE 11287.00
NIKE INC CL B COM 654106103 995 17240.00 SH SOLE 17240.00
NISOURCE INC COM 65473p105 3570 132220.00SH SOLE 132220.00
NORDSTROM INC COM COM 655664100 366 8944.00 SH SOLE 8944.00
NORFOLK SOUTHERN CORP COM 655844108 1074 40717.00 SH SOLE 35747.00 450.00 4520.00
NORTHERN STATES POWER COM 665772109 2186 94294.00 SH SOLE 94294.00
NORTHERN TRUST CORP. COM 665859104 595 6700.00 SH SOLE 6700.00
NORTHROP GRUMMAN CORP COM COM 666807102 248 4142.00 SH SOLE 4142.00
NOVELL INC COM 670006105 533 21144.00 SH SOLE 21144.00
NUCOR CORP COM 670346105 232 5271.00 SH SOLE 5271.00
OCCIDENTAL PETROL CORP COM 674599105 375 20841.00 SH SOLE 20841.00
ORACLE CORPORATION COM 68389x105 3633 137755.00SH SOLE 137755.00
OWENS-ILLINOIS INC. COM 690768403 234 9370.00 SH SOLE 9370.00
P G & E CORPORATION COM 69331c108 716 23053.00 SH SOLE 23053.00
P P & L RES INC COM COM 693499105 226 9117.00 SH SOLE 9117.00
PACIFICORP COM 695114108 309 17915.00 SH SOLE 17915.00
PARKER HANNIFIN CORP COM 701094104 1008 29425.00 SH SOLE 29305.00 120.00
PECO ENERGY COMPANY COM 693304107 633 13695.00 SH SOLE 13495.00 200.00
PEPSICO INC COM 713448108 7768 198232.00SH SOLE 174481.00 23751.00
PFIZER INC COM 717081103 21587 155581.00SH SOLE 131991.00 23590.00
PHARMACIA & UPJOHN INC COM 716941109 15591 249956.00SH SOLE 249326.00 630.00
PHILIP MORRIS COS INC COM 718154107 4363 123995.00SH SOLE 49075.00 74920.00
</TABLE>
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
PHILLIPS PETROLEUM CO COM 718507106 725 15339.00 SH SOLE 15339.00
PIONEER HI BRED INTL COM COM 723686101 547 14540.00 SH SOLE 14540.00
PITNEY-BOWES INC COM 724479100 2998 47035.00 SH SOLE 43435.00 3600.00
PLACER DOME INC. COM 725906101 168 15053.00 SH SOLE 15053.00
PNC BANK CORP COM 693475105 4659 83848.00 SH SOLE 45558.00 38290.00
PPG INDUSTRIES INC COM 693506107 7146 139425.00SH SOLE 139425.00
PRAXAIR INC. COM 74005p104 343 9515.00 SH SOLE 9515.00
PROCTER & GAMBLE CO COM 742718109 15494 158200.00SH SOLE 120300.00 1200.00 36700.00
PROGRESSIVE CORP. COM 743315103 626 4361.00 SH SOLE 4361.00
PROVIDENT COS INC COM COM 743862104 282 8152.00 SH SOLE 8152.00
PROVIDIAN FINANCIAL CORP COM 74406a102 3919 35625.00 SH SOLE 35625.00
PUBLIC SVC ENT GROUP COM 744573106 612 16019.00 SH SOLE 16019.00
R&B FALCON CORP COM 74912e101 3469 402180.00SH SOLE 402180.00
RALSTON-RALSTON PURINA GROUP COM 751277302 2800 104915.00SH SOLE 104255.00 660.00
RAYTHEON CO. CLASS B COM 755111408 1402 23908.00 SH SOLE 22808.00 1100.00
REGIONS FINANCIAL CORP COM 758940100 461 13324.00 SH SOLE 13324.00
RELIANT ENERGY INC COM 75952j108 551 21143.00 SH SOLE 20393.00 750.00
RENELEM INC COMMON COM 758999999 515 294.00 SH SOLE 294.00
REPUBLIC OF NEW YORK CORP. COM 760719104 299 6473.00 SH SOLE 6473.00
REUTERS HOLDINGS PLC ADR COM 761324201 1463 16837.00 SH SOLE 2513.00 458.00 13866.00
RITE AID CORP COM 767754104 405 16219.00 SH SOLE 16219.00
RJR NABISCO HODGS CORP COM NEW COM 74960k876 489 19571.00 SH SOLE 19571.00
ROCKWELL INTERNATIONAL CORP COM 773903109 488 11509.00 SH SOLE 11509.00
ROHM & HAAS CO COM 775371107 337 10039.00 SH SOLE 10039.00
ROYAL DUTCH PETE CO NY REG GLD COM 780257804 8455 162596.00SH SOLE 150476.00 1200.00 10920.00
RPM INC COM 749685103 165 12378.00 SH SOLE 12378.00
SAFECO CORP COM COM 786429100 332 8213.00 SH SOLE 8213.00
SAFEWAY COM 786514208 5672 110539.00SH SOLE 110539.00
SARA LEE CORP COM 803111103 442 17876.00 SH SOLE 8676.00 9200.00
SBC COMMUNICATIONS COM 78387g103 6353 134642.00SH SOLE 122453.00 12189.00
SCHERING-PLOUGH CORP COM 806605101 7595 137470.00SH SOLE 136170.00 1300.00
SCHLUMBERGER LTD COM 806857108 8993 149417.00SH SOLE 122487.00 26930.00
SEAGATE TECHNOLOGY COM 811804103 436 14764.00 SH SOLE 14764.00
SEAGRAM LTD COM COM 811850106 1189 23774.00 SH SOLE 23774.00
SEARS ROEBUCK & CO COM 812387108 1387 30695.00 SH SOLE 23345.00 7350.00
SEMPRA ENERGY COM COM 816851109 277 14458.00 SH SOLE 14458.00
SERVICE CORP INTERNATIONAL COM 817565104 240 16854.00 SH SOLE 16854.00
SERVICEMASTER CO. COM 81760n109 411 20257.00 SH SOLE 18682.00 1575.00
SHERWIN WILLIAMS CO COM COM 824348106 292 10368.00 SH SOLE 10368.00
SILICON GRAPHICS INC COM 827056102 171 10332.00 SH SOLE 10332.00
SOUTHERN CO COM 842587107 1056 45314.00 SH SOLE 45114.00 200.00
SOVEREIGN BANCORP INC. COM 845905108 15565 1270610.00SH SOLE 1257480.00 4700.00 8430.00
SPECTRUM CONTROL, INC COM 847615101 63 15000.00 SH SOLE 15000.00
SPRINT CORP COM 852061100 5762 58723.00 SH SOLE 56499.00 800.00 1424.00
SPRINT CORP (PCS GROUP) COM 852061506 1213 27380.00 SH SOLE 26268.00 400.00 712.00
ST PAUL COS INC COM COM 792860108 441 14192.00 SH SOLE 14192.00
STANLEY WORKS COM 854616109 261 10188.00 SH SOLE 10188.00
STATE STREET BOSTON CORP COM 857477103 2622 31879.00 SH SOLE 27879.00 4000.00
</TABLE>
<PAGE> 11
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
STRIDE RITE CORP COM 863314100 5651 461310.00SH SOLE 456110.00 5200.00
SUMMIT BANCORP COM 866005101 408 10469.00 SH SOLE 10469.00
SUN MICROSYSTEMS INC. COM 866810104 870 6960.00 SH SOLE 6160.00 800.00
SUNDSTRAND CORP. COM 867323107 1237 17800.00 SH SOLE 14225.00 3575.00
SUNOCO CO. INC. COM 86764p109 204 5645.00 SH SOLE 5645.00
SUNTRUST BANKS INC COM 867914103 1650 26507.00 SH SOLE 20927.00 5580.00
SUPERVALU INC. COM 868536103 7249 351461.00SH SOLE 351461.00
SYSCO CORP COM 871829107 1544 58692.00 SH SOLE 30292.00 1200.00 27200.00
TANDY CORP COM 875382103 381 5970.00 SH SOLE 5970.00
TELLABS INC COM COM 879664100 8056 82410.00 SH SOLE 82410.00
TEMPLE-INLAND INC W/RIGHTS TO COM 879868107 210 3344.00 SH SOLE 3344.00
TENET HEALTHCARE CORP COM COM 88033G100 353 18660.00 SH SOLE 18660.00
TENNECO INC NEW COM 88037e101 309 11061.00 SH SOLE 11061.00
TERRA INDUSTRIES INC COM 880915103 1646 360700.00SH SOLE 360700.00
TEXACO INC COM 881694103 24544 432497.00SH SOLE 432497.00
TEXAS INSTRUMENTS COM 882508104 7092 71460.00 SH SOLE 71460.00
TEXAS UTILITIES CO COM 882848104 3834 91292.00 SH SOLE 90712.00 580.00
TEXTRON INC COM COM 883203101 739 9554.00 SH SOLE 9554.00
THERMO ELECTRON CORP COM 883556102 11042 814149.00SH SOLE 792885.00 2200.00 19064.00
TIME WARNER INC. COM 887315109 11545 163040.00SH SOLE 163040.00
TOMMY HILFIGER CORP COM g8915z102 10472 152045.00SH SOLE 151045.00 1000.00
TORCHMARK CORP COM 891027104 8452 267260.00SH SOLE 267260.00
TOYS R' US COM 892335100 299 15884.00 SH SOLE 15884.00
TRANSAMERICA CORP COM 893485102 738 10388.00 SH SOLE 7480.00 2908.00
TRIBUNE CO NEW COM 896047107 1370 20934.00 SH SOLE 19559.00 1375.00
TRW COM 872649108 2307 50704.00 SH SOLE 50104.00 600.00
TYCO INTERNATIONAL LTD COM 902124106 15257 212639.00SH SOLE 138750.00 73889.00
U.S. BANCORP NEW COM 902973106 9852 289221.00SH SOLE 222623.00 66598.00
U.S. WEST INC COM 91273h101 4339 78807.00 SH SOLE 71031.00 7776.00
UNICOM CORP. COM 904911104 478 13078.00 SH SOLE 13078.00
UNION CAMP CORP COM COM 905530101 279 4162.00 SH SOLE 4162.00
UNION CARBIDE CORP COM 905581104 362 8010.00 SH SOLE 8010.00
UNION PACIFIC CORP COM 907818108 902 16882.00 SH SOLE 15572.00 1310.00
UNION PACIFIC RESOURCES GROUP COM 907834105 179 15112.00 SH SOLE 15112.00
UNION PLANTERS CORP COM COM 908068109 361 8209.00 SH SOLE 8209.00
UNIPHASE CORP COM 909149106 7115 61800.00 SH SOLE 61800.00
UNISYS CORP COM COM 909214108 426 15400.00 SH SOLE 15400.00
UNITED HEALTHCARE CORP COM 910581107 606 11523.00 SH SOLE 11523.00
UNITED TECH CORP COM 913017109 2249 16602.00 SH SOLE 13602.00 3000.00
UNOCAL CORP. COM 915289102 24034 651783.00SH SOLE 651783.00
UNUM CORP COM 903192102 1524 32045.00 SH SOLE 22815.00 9230.00
US AIRWAYS GROUP INC COM 911905107 257 5262.00 SH SOLE 5262.00
USX MARATHON GROUP COM 902905827 510 18536.00 SH SOLE 18536.00
USX-US STEEL GROUP COM 90337t101 6021 256215.00SH SOLE 256215.00
V F CORP COM 918204108 343 7228.00 SH SOLE 7228.00
VALASSIS COMMUNICATIONS INC COM 918866104 8153 157540.00SH SOLE 156390.00 1150.00
VIACOM INC. CL B COM 925524308 1759 20956.00 SH SOLE 20956.00
WACHOVIA CORP COM 929771103 992 12215.00 SH SOLE 12215.00
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<PAGE> 12
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
WAL-MART STORES INC COM 931142103 14880 161415.00SH SOLE 161415.00
WALGREEN CO COM 931422109 4401 155774.00SH SOLE 124450.00 31324.00
WARNER-LAMBERT CO COM 934488107 212 3200.00 SH SOLE 3200.00
WASHINGTON MUTUAL INC COM 939322103 8207 200795.00SH SOLE 200795.00
WELLS FARGO COMPANY COM 949746101 5887 167900.00SH SOLE 117380.00 50520.00
WENDYS INTL INC COM COM 950590109 213 7506.00 SH SOLE 7506.00
WEYERHAEUSER CO COM 962166104 665 11982.00 SH SOLE 11982.00
WHIRLPOOL CORP COM 963320106 249 4582.00 SH SOLE 4582.00
WILLAMETTE INDS INC COM COM 969133107 253 6696.00 SH SOLE 6696.00
WILLIAMS COS INC DEL COM COM 969457100 5124 129731.00SH SOLE 129731.00
WINN DIXIE STORES INC COM COM 974280109 335 8956.00 SH SOLE 8956.00
XEROX CORP COM 984121103 9000 172666.00SH SOLE 133266.00 39400.00
FIDELITY EQUITY INCOME FUND(23 MUT 316138106 223 3988.554 SH SOLE 3988.554
FREEDOM CAPITAL EQUITY STYLE F MUT 999900001 251067 15775709.966SH SOLE 15775709.966
FREEDOM INTERNATIONAL FUND MUT 999900002 9294 1114625.826SH SOLE 1114625.826
FUNDMANAGER AGGRESSIVE GROWTH MUT 360850101 4541 285791.623SH SOLE 285791.623
FUNDMANAGER GROWTH MUT 360850200 11010 660446.328SH SOLE 660446.328
FUNDMANAGER GROWTH WITH INCOME MUT 360850309 19049 1128516.368SH SOLE 1128516.368
FUNDMANAGER INTERNATIONAL FUND MUT 360850879 7107 729718.471SH SOLE 729718.471
JOHN HANCOCK GROWTH FUND A MUT 409906302 202 8155.362 SH SOLE 7046.708 1108.654
JOHN HANCOCK INDEPENDENCE EQUI MUT 410227607 833 27567.049SH SOLE 27567.049
JOHN HANCOCK INVT TRUST II REG MUT 409905106 651 12855.080SH SOLE 12855.080
MFS UNION STANDARD EQUITY FUND MUT 55273w103 1302 76249.360SH SOLE 76249.360
SCUDDER INTERNATIONAL FUND MUT 811165109 487 9733.904 SH SOLE 9733.904
SMITH BARNEY APPRECIATION FUND MUT 8318h5207 338 21280.271SH SOLE 21280.271
SMITH BARNEY SPECIAL EQUITIES MUT 8318h9506 232 7704.242 SH SOLE 7704.242
T ROWE PRICE INTERNATIONAL MUT 77956h203 508 33433.390SH SOLE 33433.390
VANGUARD TOTAL INTL STOCK INDE MUT 921909602 217 19026.690SH SOLE 19026.690
VANGUARD VALUE INDEX FUND MUT 922908405 1007 45047.948SH SOLE 35215.152 9832.796
</TABLE>
