UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: 12/31/98
CHECK HERE IF AMENDMENT ( ); AMENDMENT NUMBER:
THIS AMENDMENT (CHECK ONLY ONE.): ( ) IS A RESTATEMENT.
( ) ADDS NEW HOLDINGS ENTRIES
INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT:
NAME: North Carolina Trust
ADDRESS: 301 North Elm St
PO Box 1108
Greensboro, NC 27401
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.
PERSON SIGNING THIS REPORT ON BEHALF OF REPORTING MANAGER:
NAME: Charlene Y. Martin
TITLE: Director Of Trust Accounting
PHONE: (336)271-6150
SIGNATURE,PLACE,AND DATE OF SIGNING:
Charlene Y. Martin Greensboro, NC 12/31/98
REPORT TYPE (CHECK ONLY ONE.):
( X) 13F HOLDINGS REPORT
( ) 13F NOTICE
( ) 13F COMBINATION REPORT
LIST OF OTHER MANAGERS REPORTING FOR THIS MANAGER:
NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 225
FORM 13F INFORMATION TABLE VALUE TOTAL: $783,949,041
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABS COMMON STOCK 002824100 14539 296720 SH SOLE 296720 0 0
ABBOTT LABS COMMON STOCK 002824100 29 600 SH OTHER 600 0 0
AIR PRODUCTS & CHEMICALS INC COMMON STOCK 009158106 319 7975 SH SOLE 7975 0 0
ALBEMARLE CORP COMMON STOCK 012653101 410 17282 SH SOLE 6075 0 11207
ALLEGHENY TELEDYNE CORP COMMON STOCK 017415100 461 22579 SH SOLE 22579 0 0
ALLTEL CORP COMMON STOCK 020039103 579 9679 SH SOLE 9679 0 0
ALLTEL CORP COMMON STOCK 020039103 1 24 SH OTHER 24 0 0
ALUMINUM CO OF AMERICA COMMON STOCK 022249106 239 3200 SH SOLE 2400 0 800
AMERICAN ELECTRIC POWER CO., I COMMON STOCK 025537101 206 4370 SH SOLE 4370 0 0
AMERICAN HOME PRODUCTS CORP. COMMON STOCK 026609107 1608 28531 SH SOLE 27731 0 800
AMERICAN INTERNATIONAL GROUP COMMON STOCK 026874107 4901 50721 SH SOLE 50721 0 0
AMERICAN STORES CO COMMON STOCK 030096101 305 8250 SH SOLE 7650 0 600
AMERITECH CORP COMMON STOCK 030954101 15193 239729 SH SOLE 236101 0 3628
AMOCO, INC COMMON STOCK 031905102 879 14681 SH SOLE 14681 0 0
AMOCO, INC COMMON STOCK 031905102 96 1600 SH OTHER 0 0 1600
ANHEUSER-BUSCH COMPANIES COMMON STOCK 035229103 824 12550 SH SOLE 12550 0 0
ARMSTRONG WORLD IND. INC. COMMON STOCK 042476101 1171 19419 SH SOLE 19419 0 0
ASHLAND INC COMMON STOCK 044204105 296 6125 SH SOLE 6125 0 0
AT&T CORP COMMON STOCK 001957109 10499 138605 SH SOLE 136612 0 1993
AT&T CORP COMMON STOCK 001957109 27 350 SH OTHER 0 0 350
ATLANTIC RICHFIELD CORP. COMMON STOCK 048825103 205 3138 SH SOLE 2938 0 200
AUTOMATIC DATA PROCESS COM COMMON STOCK 053015103 337 4200 SH SOLE 4200 0 0
BANC ONE CORP (NEW) COMMON STOCK 06423A103 8230 161172 SH SOLE 161172 0 0
BANKAMERICA CORPORATION (NEW) COMMON STOCK 06605F102 11851 197104 SH SOLE 194212 0 2892
BANKAMERICA CORPORATION (NEW) COMMON STOCK 06605F102 1835 30518 SH OTHER 2695 0 27823
BAXTER INTERNATIONAL INC COMMON STOCK 071813109 8076 125577 SH SOLE 125577 0 0
BB&T CORP COMMON STOCK 054937107 9486 235305 SH SOLE 235305 0 0
BELL ATLANTIC CORPORATION COMMON STOCK 077853109 9347 173086 SH SOLE 172198 0 888
BELLSOUTH CORPORATION COMMON STOCK 079860102 2525 50636 SH SOLE 46136 0 4500
BELLSOUTH CORPORATION COMMON STOCK 079860102 88 1758 SH OTHER 558 0 1200
BEMIS COMPANY COMMON STOCK 081437105 2062 54343 SH SOLE 54343 0 0
BERGEN BRUNSWIG COMMON STOCK 083739102 14308 410261 SH SOLE 410261 0 0
BERKSHIRE HATHAWAY INC DEL COMMON STOCK 084670108 350 5 SH SOLE 4 0 1
BESTFOODS COMMON STOCK 08658U101 7328 137610 SH SOLE 137610 0 0
BLOCK (H. & R.) INC. COMMON STOCK 093671105 9827 218387 SH SOLE 218387 0 0
BRISTOL MYERS SQUIBB COMPANY COMMON STOCK 110122108 14729 110075 SH SOLE 106875 0 3200
BURLINGTON INDUSTRIES INC NEW COMMON STOCK 121693105 1883 169242 SH SOLE 169242 0 0
CAMPBELL SOUP COMMON STOCK 134429109 363 6600 SH SOLE 6600 0 0
CARAUSTAR INDS INC COMMON STOCK 140909102 26373 923349 SH SOLE 923349 0 0
CARNIVAL CORP CLASS A COMMON STOCK 143658102 247 5156 SH SOLE 5156 0 0
CAROLINA FINCORP INC COMMON STOCK 143874105 80 10000 SH SOLE 10000 0 0
CAROLINA POWER & LIGHT COMMON STOCK 144141108 1337 28409 SH SOLE 27973 0 436
CCB FINANCIAL COMMON STOCK 124875105 2580 45259 SH SOLE 45259 0 0
CENIT BANCORP INC COMMON STOCK 15131W109 258 12000 SH SOLE 12000 0 0
CENTURA BANKS INC COMMON STOCK 15640T100 838 11270 SH SOLE 11270 0 0
CHASE MANHATTAN CORP NEW COMMON STOCK 16161A108 6050 85210 SH SOLE 85210 0 0
CHASE MANHATTAN CORP NEW COMMON STOCK 16161A108 41 572 SH OTHER 572 0 0
CHESAPEAKE CORPORATION COMMON STOCK 165159104 240 6500 SH SOLE 1650 0 4850
CHEVRON CORPORATION COMMON STOCK 166751107 236 2850 SH SOLE 2050 0 800
CINCINNATI BELL, INC. COMMON STOCK 171870108 232 6135 SH SOLE 6135 0 0
CINCINNATI BELL, INC. COMMON STOCK 171870108 66 1758 SH OTHER 0 0 1758
CISCO SYS INC COMMON STOCK 17275R102 443 4775 SH SOLE 4775 0 0
CITIGROUP INC. COMMON STOCK 172967101 662 13316 SH SOLE 13316 0 0
CITIGROUP INC. COMMON STOCK 172967101 12 250 SH OTHER 250 0 0
COASTAL CORP COMMON STOCK 190441105 9541 271618 SH SOLE 261518 0 10100
COCA COLA COMPANY COMMON STOCK 191216100 3096 46208 SH SOLE 46208 0 0
COLGATE-PALMOLIVE COMPANY COMMON STOCK 194162103 670 7215 SH SOLE 7215 0 0
COLTEC INDS INC COMMON STOCK 196879100 1107 56744 SH SOLE 56744 0 0
COMPAQ COMPUTER CORP COMMON STOCK 204493100 10093 240305 SH SOLE 240305 0 0
CONAGRA INC COMMON STOCK 205887102 195 6200 SH SOLE 5600 0 600
CONAGRA INC COMMON STOCK 205887102 13 400 SH OTHER 0 0 400
COOPER TIRE & RUBBER COMMON STOCK 216831107 1185 58005 SH SOLE 58005 0 0
COOPER TIRE & RUBBER COMMON STOCK 216831107 10 500 SH OTHER 500 0 0
CRESTAR FINL CORP COMMON STOCK 226091106 787 10928 SH SOLE 10928 0 0
DANA CORP COMMON STOCK 235811106 297 7275 SH SOLE 7275 0 0
DEERE & CO COMMON STOCK 244199105 202 6150 SH SOLE 6150 0 0
DELUXE CORP COMMON STOCK 248019101 8810 240945 SH SOLE 240945 0 0
DIMON INC COMMON STOCK 254394109 2876 386696 SH SOLE 386696 0 0
DOLE FOOD CO. COMMON STOCK 256605106 5015 167150 SH SOLE 167150 0 0
DOMINION RESOURCES INC. COMMON STOCK 257470104 517 11055 SH SOLE 10455 0 600
DONNELLEY R R & SONS CO COMMON STOCK 257867101 263 6000 SH SOLE 6000 0 0
DOVER CORPORATION COMMON STOCK 260003108 10583 288966 SH SOLE 288966 0 0
DU PONT (E.I.) DE NEMOURS & CO COMMON STOCK 263534109 5152 97093 SH SOLE 97093 0 0
DUKE ENERGY CORPORATION COMMON STOCK 264399106 11445 178656 SH SOLE 176741 0 1915
DUKE ENERGY CORPORATION COMMON STOCK 264399106 68 1068 SH OTHER 0 0 1068
EASTMAN KODAK COMMON STOCK 277461109 327 4545 SH SOLE 4470 0 75
EMERSON ELEC CO COMMON STOCK 291011104 510 8436 SH SOLE 8436 0 0
ENRON CORP COMMON STOCK 293561106 248 4350 SH SOLE 4350 0 0
ENRON CORP COMMON STOCK 293561106 46 800 SH OTHER 0 0 800
ETHYL CORPORATION COMMON STOCK 297659104 181 32169 SH SOLE 2000 0 30169
EXXON CORPORATION COMMON STOCK 302290101 13721 187636 SH SOLE 169624 0 18012
FEDERAL HOME LN MTG CORP COMMON STOCK 313400301 212 3294 SH SOLE 3294 0 0
FEDERAL NATL MTG ASSN COMMON STOCK 313586109 18703 252743 SH SOLE 250818 0 1925
FEDERATED DEPT STORES COMMON STOCK 31410H101 8757 201022 SH SOLE 201022 0 0
FIRST DATA CORP COMMON STOCK 319963104 9844 308821 SH SOLE 308821 0 0
FIRST UNION CORPORATION COMMON STOCK 337358105 17994 295899 SH SOLE 292299 0 3600
FIRST UNION CORPORATION COMMON STOCK 337358105 12 200 SH OTHER 0 0 200
FIRSTFED FINL CORP DEL COMMON STOCK 337907109 207 11600 SH SOLE 11600 0 0
FLOWER INDS INC COMMON STOCK 343496105 2099 87700 SH SOLE 87700 0 0
FOOD LION, INC-CLASS A COMMON STOCK 344775200 1561 146897 SH SOLE 146897 0 0
FOOD LION, INC-CLASS B COMMON STOCK 344775101 488 48500 SH SOLE 48500 0 0
FORD MOTOR COMPANY COMMON STOCK 345370100 647 11016 SH SOLE 11016 0 0
FORT JAMES CORP COMMON STOCK 347471104 453 11330 SH SOLE 2250 0 9080
FORTUNE BRANDS COMMON STOCK 349631101 256 8100 SH SOLE 8100 0 0
FPL GROUP, INC COMMON STOCK 302571104 11456 185901 SH SOLE 183401 0 2500
GENERAL ELECTRIC COMPANY COMMON STOCK 369604103 4318 42329 SH SOLE 35368 0 6961
GENERAL ELECTRIC COMPANY COMMON STOCK 369604103 95 932 SH OTHER 0 0 932
GILLETTE COMPANY COMMON STOCK 375766102 433 9058 SH SOLE 9058 0 0
GTE CORPORATION COMMON STOCK 362320103 4865 74842 SH SOLE 71602 0 3240
GUILFORD MILLS, INC. COMMON STOCK 401794102 35314 2116202 SH SOLE 1681592 0 434610
HALLIBURTON COMPANY COMMON STOCK 406216101 343 11563 SH SOLE 11563 0 0
HARRIS CORP COMMON STOCK 413875105 8325 227302 SH SOLE 223902 0 3400
HARRIS CORP COMMON STOCK 413875105 7 200 SH OTHER 0 0 200
HEALTHSOUTH CORP COMMON STOCK 421924101 8775 568390 SH SOLE 568390 0 0
HEINZ (H.J.) COMPANY COMMON STOCK 423074103 287 5065 SH SOLE 5065 0 0
HEWLETT PACKARD COMMON STOCK 428236103 426 6240 SH SOLE 6240 0 0
HOME DEPOT COMMON STOCK 437076102 287 4688 SH SOLE 4688 0 0
HOUSTON INDUSTRIES COMMON STOCK 442161105 7659 238870 SH SOLE 238870 0 0
HUNTINGTON BANCSHARES INC COMMON STOCK 446150104 347 11550 SH SOLE 11550 0 0
ILLINOIS TOOL WKS INC COMMON STOCK 452308109 9606 165623 SH SOLE 165623 0 0
INTEL CORP COMMON STOCK 458140100 9698 81797 SH SOLE 81797 0 0
INTERNAT'L BUSINESS MACHINES C COMMON STOCK 459200101 1782 9664 SH SOLE 6264 0 3400
INTERNAT'L BUSINESS MACHINES C COMMON STOCK 459200101 55 300 SH OTHER 300 0 0
JDN RLTY CORP COMMON STOCK 465917102 5037 233583 SH SOLE 232233 0 1350
JEFFERSON-PILOT CORPORATION COMMON STOCK 475070108 7983 106440 SH SOLE 99548 0 6892
JOHNSON & JOHNSON COMPANY COMMON STOCK 478160104 10230 121972 SH SOLE 121772 0 200
KIMBERLY CLARK CORP COMMON STOCK 494368103 10638 195186 SH SOLE 195186 0 0
LABORATORY CORP AMER HOLDINGS COMMON STOCK 50540R102 36 26500 SH SOLE 26500 0 0
LILLY (ELI) & COMPANY COMMON STOCK 532457108 1187 13354 SH SOLE 13354 0 0
LOWES COMPANIES CORPORATION COMMON STOCK 548661107 223 4360 SH SOLE 4360 0 0
LUCENT TECHNOLOGIES INC COMMON STOCK 549463107 1478 13445 SH SOLE 13445 0 0
LUCENT TECHNOLOGIES INC COMMON STOCK 549463107 33 302 SH OTHER 302 0 0
MAINSTREET BANKGROUP, INC. COMMON STOCK 560633109 263 5657 SH SOLE 5657 0 0
MARTIN MARIETTA MATLS INC COMMON STOCK 573284106 894 14379 SH SOLE 14379 0 0
MASCO CORP COMMON STOCK 574599106 204 7085 SH SOLE 7085 0 0
MCDONALDS CORP COMMON STOCK 580135101 768 10001 SH SOLE 9701 0 300
MCDONALDS CORP COMMON STOCK 580135101 8 100 SH OTHER 0 0 100
MCI WORLDCOM INC COMMON STOCK 55268B106 315 4395 SH SOLE 4395 0 0
MCWHORTER TECHNOLOGIES INC COMMON STOCK 582803102 209 9123 SH SOLE 9123 0 0
MEDIAONE GROUP INC. COMMON STOCK 58440J104 575 12225 SH SOLE 12225 0 0
MERCK & CO. INC. COMMON STOCK 589331107 13748 93209 SH SOLE 93209 0 0
MERCK & CO. INC. COMMON STOCK 589331107 40 271 SH OTHER 0 0 271
MICROSOFT CORP. COMMON STOCK 594918104 814 5870 SH SOLE 5870 0 0
MINNESOTA MINING MANUFACTURING COMMON STOCK 604059105 403 5667 SH SOLE 5317 0 350
MOBIL CORP COMMON STOCK 607059102 16537 189808 SH SOLE 186608 0 3200
MOBIL CORP COMMON STOCK 607059102 110 1266 SH OTHER 0 0 1266
MODIS PROFESSIONAL SERVICES COMMON STOCK 607830106 7643 522580 SH SOLE 522580 0 0
MYLAN LABS INC COMMON STOCK 628530107 10369 329165 SH SOLE 329165 0 0
MYLAN LABS INC COMMON STOCK 628530107 16 500 SH OTHER 500 0 0
NATIONAL CITY CORP COMMON STOCK 635405103 12442 171607 SH SOLE 170007 0 1600
NL INDS INC COMMON STOCK 629156407 153 10802 SH SOLE 10802 0 0
NORFOLK SOUTHERN COMMON STOCK 655844108 683 21542 SH SOLE 20942 0 600
PENNY J C COMMON STOCK 708160106 348 7415 SH SOLE 7415 0 0
PEPSICO COMMON STOCK 713448108 9107 222813 SH SOLE 222813 0 0
PFIZER INC COMMON STOCK 717081103 1940 15518 SH SOLE 14718 0 800
PHILIP MORRIS COS INC COMMON STOCK 718154107 2551 47675 SH SOLE 44825 0 2850
PHILIP MORRIS COS INC COMMON STOCK 718154107 8 150 SH OTHER 0 0 150
PINNACLE WEST CORP COMMON STOCK 723484101 805 19002 SH SOLE 19002 0 0
PPG INDUSTRIES COMMON STOCK 693506107 735 12624 SH SOLE 12224 0 400
PRAXAIR INC COMMON STOCK 74005P104 10674 302795 SH SOLE 302395 0 400
PROCTER & GAMBLE COMPANY COMMON STOCK 742718109 815 8929 SH SOLE 7129 0 1800
PROCTER & GAMBLE COMPANY COMMON STOCK 742718109 9 100 SH OTHER 0 0 100
PROVIDENT COMPANIES COMMON STOCK 743862104 9860 237591 SH SOLE 237591 0 0
REGIONS FINL CORP COMMON STOCK 758940100 739 18326 SH SOLE 18326 0 0
RFS HOTEL INVESTORS COMMON STOCK 74955J108 179 14600 SH SOLE 14600 0 0
SANTA BARBARA BANCORP CALIF COMMON STOCK 801233107 229 8892 SH SOLE 8892 0 0
SARA LEE CORP COMMON STOCK 803111103 224 7950 SH SOLE 7950 0 0
SBC COMMUNICATIONS INC. COMMON STOCK 78387G103 1741 32472 SH SOLE 30740 0 1732
SBC COMMUNICATIONS INC. COMMON STOCK 78387G103 63 1176 SH OTHER 176 0 1000
SCHERING-PLOUGH CORP COMMON STOCK 806605101 1562 28265 SH SOLE 28265 0 0
SCHLUMBERGER LTD. COMMON STOCK 806857108 5663 122117 SH SOLE 122117 0 0
SCHLUMBERGER LTD. COMMON STOCK 806857108 23 500 SH OTHER 0 0 500
SEARS ROEBUCK & COMPANY COMMON STOCK 812387108 7165 168597 SH SOLE 166747 0 1850
SMITH INTL INC COMMON STOCK 832110100 3152 125157 SH SOLE 125157 0 0
SMITH INTL INC COMMON STOCK 832110100 8 300 SH OTHER 300 0 0
SONOCO PRODUCTS COMMON STOCK 835495102 800 27013 SH SOLE 6490 20523 0
SOUTH STR FINL CORP COMMON STOCK 840468102 95 12000 SH SOLE 12000 0 0
SOUTHERN COMPANY COMMON STOCK 842587107 7099 244280 SH SOLE 244280 0 0
SOUTHWEST AIRLINES COMMON STOCK 844741108 282 12412 SH SOLE 12412 0 0
SPRINT CORP COMMON STOCK 852061100 2890 34351 SH SOLE 30556 0 3795
SPRINT CORP COMMON STOCK 852061100 17 200 SH OTHER 0 0 200
SPRINT CORP PCS COMMON STOCK 852061506 381 16490 SH SOLE 16490 0 0
SPRINT CORP PCS COMMON STOCK 852061506 2 100 SH OTHER 100 0 0
STEELCASE INC COMMON STOCK 858155203 304 19000 SH SOLE 19000 0 0
STORAGE TECHNOLOGY CORP COMMON STOCK 862111200 8571 240170 SH SOLE 240170 0 0
SUMMIT PPTYS INC COMMON STOCK 866239106 863 50000 SH SOLE 50000 0 0
SUN HEALTHCARE GROUP COMMON STOCK 866933104 938 142895 SH SOLE 142895 0 0
SUN MICROSYSTEMS COMMON STOCK 866810104 15105 176411 SH SOLE 176411 0 0
SUNAMERICA INC COMMON STOCK 866930100 5805 70796 SH SOLE 70796 0 0
SUNTRUST BANKS COMMON STOCK 867914103 301 3941 SH SOLE 3941 0 0
SYSCO CORP COMMON STOCK 871829107 252 9200 SH SOLE 9200 0 0
TCI SATELLITE ENTMT INC COMMON STOCK 872298104 42 29448 SH SOLE 29448 0 0
TECO ENERGY INC COMMON STOCK 872375100 222 7859 SH SOLE 7859 0 0
TELE COMMUNICATIONS INC SER A COMMON STOCK 87924V101 11421 206475 SH SOLE 95699 0 110776
TELE COMMUNICATIONS TCI VENTUR COMMON STOCK 87924V887 3929 166744 SH SOLE 166744 0 0
TELECOMM LIBERTY MEDIA GROUP COMMON STOCK 87924V507 1662 36076 SH SOLE 36076 0 0
TEXACO, INC. COMMON STOCK 881694103 430 8119 SH SOLE 7319 0 800
TIME WARNER INC COMMON STOCK 887315109 392 6320 SH SOLE 6320 0 0
TIME WARNER INC COMMON STOCK 887315109 12 200 SH OTHER 0 0 200
TJX COMPANIES INC COMMON STOCK 872540109 10099 348255 SH SOLE 348255 0 0
TRAVELERS PROPERTY & CASUALTY COMMON STOCK 893939108 6068 195753 SH SOLE 195753 0 0
TREDEGAR INDS INC COMMON STOCK 894650100 759 33714 SH SOLE 11800 0 21914
TRIANGLE BANCORP INC. COMMON STOCK 895835106 1629 103025 SH SOLE 83441 0 19584
TRIANGLE PHARMACEUTICALS INC COMMON STOCK 89589H104 545 40000 SH SOLE 40000 0 0
TULTEX CORP COMMON STOCK 899900104 11 13000 SH SOLE 13000 0 0
UNIFI, INC. COMMON STOCK 904677101 6037 308623 SH SOLE 308623 0 0
UNION CAMP CORPORATION COMMON STOCK 905530101 544 8100 SH SOLE 5400 0 2700
UNITED HEALTHCARE COMMON STOCK 910581107 308 7159 SH SOLE 7159 0 0
UNITED TECHNOLOGIES CORPORATIO COMMON STOCK 913017109 909 8355 SH SOLE 6555 0 1800
UNITRIN INC COMMON STOCK 913275103 842 11730 SH SOLE 11730 0 0
UNOCAL CORP COMMON STOCK 915289102 5980 204884 SH SOLE 204884 0 0
USX-MARATHON GROUP COMMON STOCK 902905827 396 13150 SH SOLE 13150 0 0
V.F. CORPORATION COMMON STOCK 918204108 9011 192225 SH SOLE 190775 0 1450
V.F. CORPORATION COMMON STOCK 918204108 5 100 SH OTHER 0 0 100
VALSPAR CORP COMMON STOCK 920355104 1777 47612 SH SOLE 47612 0 0
VANGUARD CELLULAR COMMON STOCK 922022108 24791 960427 SH SOLE 960427 0 0
WACHOVIA CORPORATION COMMON STOCK 929771103 3895 44545 SH SOLE 44545 0 0
WAL-MART COMMON STOCK 931142103 877 10770 SH SOLE 10770 0 0
WALT DISNEY COMMON STOCK 254687106 228 7586 SH SOLE 7586 0 0
WARNER-LAMBERT COMMON STOCK 934488107 369 4906 SH SOLE 4906 0 0
WASTE MANAGEMENT INC. COMMON STOCK 94106L109 13371 286784 SH SOLE 286784 0 0
WASTE MANAGEMENT INC. COMMON STOCK 94106L109 17 362 SH OTHER 362 0 0
WEATHERFORD INTERNATIONAL COMMON STOCK 947074100 3555 183502 SH SOLE 183502 0 0
WEATHERFORD INTERNATIONAL COMMON STOCK 947074100 6 300 SH OTHER 300 0 0
WILLIAMS COMPANIES COMMON STOCK 969457100 3756 120442 SH SOLE 120442 0 0
WINN-DIXIE STORES COMMON STOCK 974280109 583 12984 SH SOLE 12984 0 0
XEROX CORPORATION COMMON STOCK 984121103 13034 110455 SH SOLE 108005 0 2450
XEROX CORPORATION COMMON STOCK 984121103 47 400 SH OTHER 0 0 400
CINAR FILMS, INC. COMMON STOCK 171905300 1340 52800 SH SOLE 52800 0 0
GALLAHER GROUP PLC COMMON STOCK 363595109 220 8100 SH SOLE 8100 0 0
ROYAL DUTCH PETROLEUM CO COMMON STOCK 780257804 2470 51601 SH SOLE 50101 0 1500
ROYAL DUTCH PETROLEUM CO COMMON STOCK 780257804 10 200 SH OTHER 0 0 200
NUVEEN INSD FLA PREM INCOME MU OTHER 67101V108 230 14516 SH SOLE N.A. N.A. N.A.
NUVEEN MUNI VALUE FUND INC OTHER 670928100 252 25652 SH SOLE N.A. N.A. N.A.
HANCOCK JOHN BK & THRIFT OPPOR OTHER 409735107 150 14000 SH SOLE N.A. N.A. N.A.
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