SOLE VOTING
NAME OF ISSUER CLASS CUSIP VALUE(X1000) QUANTITY AUTHORITY
PFIZER Common 717081103 68665.80 1430537 Sole
WILLIAMS SONOMA Common 969904101 44521.41 1372529 Sole
BRISTOL MYERS Common 110122108 37947.55 651460 Sole
GENERAL ELECTRIC Common 369604103 33677.79 635430 Sole
"LILLY, ELI" Common 532457108 30177.43 302152 Sole
TIME WARNER Common 887315109 24244.00 319000 Sole
LUCENT TECH Common 549463107 16785.53 283300 Sole
AMERICAN HOME Common 26609107 14795.60 251840 Sole
MERCK Common 589331107 13961.08 182200 Sole
SCHERING-PLOUGH Common 806605101 13354.73 264450 Sole
KIMBERLY CLARK Common 494368103 12760.20 222400 Sole
GILLETTE Common 375766102 12640.95 361816 Sole
BP AMOCO Common 55622104 12323.72 217878 Sole
HARTFORD FINANCIAL Common 45068H106 11290.98 201850 Sole
JOHNSON & JOHNSON Common 478160104 10946.47 107450 Sole
EASTMAN KODAK Common 277461109 8106.88 136250 Sole
DISNEY Common 254687106 7902.23 203600 Sole
BAXTER Common 71813109 7200.00 102400 Sole
ABBOTT LABS Common 2824100 7089.63 159094 Sole
LEHMAN BROTHERS Common 524908100 5200.94 55000 Sole
EXXON/MOBIL Common 30231G102 5181.55 66007 Sole
PHARMACIA Common 716941109 4362.43 84400 Sole
LOEWS CORP Common 540424108 4200.00 70000 Sole
KINDER MORGAN Common 29356N108 4185.45 104800 Sole
SMITHKLINE BEECHAM Common 832378301 3911.25 60000 Sole
AUTOMATIC DATA Common 53015103 3245.89 60600 Sole
SIGMA ALDRICH Common 826552101 3071.25 105000 Sole
XEROX Common 984121103 2490.00 120000 Sole
MICROSOFT Common 594918104 2045.12 25564 Sole
UNOCAL Common 915289102 1714.22 51750 Sole
TEXACO Common 881694103 1597.50 30000 Sole
S&P 500 INDEX SPYDER Common 78462F103 1507.29 10375 Sole
CATERPILLAR INC. Common 149123101 1355.17 40005 Sole
VIACOM Common 9255241005 1006.95 14767 Sole
CISCO SYSTEMS Common 17275R102 971.74 15288 Sole
SARA LEE Common 803111103 965.63 50000 Sole
STATE STREET BOSTON Common 857477102 912.14 8600 Sole
TC PIPELINES Common 87233Q108 825.00 50000 Sole
TIFFANY & CO. Common 886547108 675.00 10000 Sole
ARCHSTONE Common 814141107 570.14 27069 Sole
CROMPTON Common 2271161000 509.47 41589 Sole
DELL COMPUTER Common 247025109 495.59 10050 Sole
BUCKEYE PARTNERS LP Ltd Ptn 118230101 493.35 18400 Sole
NORTHERN BORDER Ltd Ptn 664785102 453.39 16600 Sole
IBM Common 459200101 434.96 3970 Sole
CITIGROUP Common 172967101 378.55 6283 Sole
SEIBEL SYSTEMS Common 8160062092 355.91 2176 Sole
UNITED WATER Common 913190104 348.75 10000 Sole
CORNING Common 2193501051 317.10 1175 Sole
INTEL Common 4581401001 307.48 2300 Sole
LAKEHEAD PIPELINE Ltd Ptn 511577100 248.39 6200 Sole
AMERICAN INTL GROUP Common 26874107 220.31 1875 Sole
MELLON FINANCIAL Common 58551A1088 194.43 5336 Sole
EMERSON ELEC CO Common 2910111044 181.13 3000 Sole
PHILADELPHIA SUBURB Common 7180096080 164.00 8000 Sole
AMERICAN WATER Common 304111026 156.25 6250 Sole
ELIZABETHTOWN Common 2692421033 149.48 2250 Sole
TEXAS INSTRUMENTS Common 8825081040 137.38 2000 Sole
PARK PLACE Common 7006901000 121.88 10000 Sole
AMERICAN STATE Common 298991011 107.10 3600 Sole
CALIFORNIA WATER Common 1307881029 92.15 3800 Sole
NOKIA Common 6549022043 80.80 1600 Sole
BANKAMERICA Common 605051046 46.35 1078 Sole
PHILLIP MORRIS Common 7181541076 43.22 1627 Sole
PAINE WEBBER GROUP Common 6956291057 34.13 750 Sole
SAFEWAY Common 7865142084 31.59 702 Sole
GOLDMAN SACHS Common 38141G1040 28.46 300 Sole
BOEING Common 970231058 18.82 450 Sole
ADVANCED MICRO Common 79031078 18.54 240 Sole
TOOTSIE ROLL CL. B Common 8905162066 16.66 595 Sole
TOOTSIE ROLL Common 8905161076 8.82 252 Sole
UBET.COM Common 9874131017 6.38 2000 Sole
NEXTEL Common 65332V1035 6.12 100 Sole
PROCTER & GAMBLE Common 742718109 5.04 88 Sole
AMERICAN TEL&TELEG Common 19571092 4.74 150 Sole
JUNIPER GROUP Common 4819054044 0.89 790 Sole
CONSOLIDATED EDISON Common 2091151041 0.39 13 Sole
