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 (check only one.) : [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ark Asset Management Co. Inc.
Adress: 125 Broad Street
New York, N.Y. 10004
13F File Number: 28-3332
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: Lauri London
Title: General Counsel
Phone: 212-487-5010
Signature, Place, and Date of Signing:
Lauri London New York, N.Y. April 22, 1999
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[X] 13F COMBINATION REPORT
List of other Managers Reporting for this Manager: NOT APPLICABLE
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: 3
Form 13F Information Table Entry Total: 493
Form 13F Information Table Value Total: $20,277,357,004
List of Other Included Managers:
No. 13F File Number Name
01 AMWAY MUTUAL FUND INC
02 DIVERSIFIED INVESTMENT ADVISORS
03 INTRUST FUNDS TRUST STOCK FUND
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABORATORIES COM 002824100 39809 850400 SH SOLE 706000 0 144400
ADTRAN, INC. COM 00738A106 2129 129500 SH SOLE 119400 0 10100
AETNA INC. COM 008117103 332141 4001700 SH SOLE 2947700 0 1054000
AETNA INC. COM 008117103 4524 54500 SH DEFINED 01 54500 0 0
AETNA INC. COM 008117103 10392 125200 SH DEFINED 02 125200 0 0
AETNA INC. COM 008117103 2772 33400 SH DEFINED 03 33400 0 0
AIR PRODUCTS & CHEMICALS INC. COM 009158106 182809 5337500 SH SOLE 3952100 0 1385400
AIR PRODUCTS & CHEMICALS INC. COM 009158106 2487 72600 SH DEFINED 01 72600 0 0
AIR PRODUCTS & CHEMICALS INC. COM 009158106 5775 168600 SH DEFINED 02 168600 0 0
AIR PRODUCTS & CHEMICALS INC. COM 009158106 1538 44900 SH DEFINED 03 44900 0 0
AIRTOUCH COMMUNICATIONS INC. COM 00949T100 387 4000 SH SOLE 4000 0 0
ALBEMARLE CORP. COM 012653101 1097 52400 SH SOLE 48300 0 4100
ALCOA INC. COM 013817101 90901 2207000 SH SOLE 1634600 0 572400
ALCOA INC. COM 013817101 1293 31400 SH DEFINED 01 31400 0 0
ALCOA INC. COM 013817101 2883 70000 SH DEFINED 02 70000 0 0
ALCOA INC. COM 013817101 791 19200 SH DEFINED 03 19200 0 0
ALLIEDSIGNAL INC. COM 019512102 261742 5321316 SH SOLE 4087216 0 1234100
ALLIEDSIGNAL INC. COM 019512102 2568 52200 SH DEFINED 01 52200 0 0
ALLIEDSIGNAL INC. COM 019512102 5819 118300 SH DEFINED 02 118300 0 0
ALLIEDSIGNAL INC. COM 019512102 1613 32800 SH DEFINED 03 32800 0 0
ALLSTATE CORP. COM 020002101 356226 9611494 SH SOLE 7336694 0 2274800
ALLSTATE CORP. COM 020002101 3577 96500 SH DEFINED 01 96500 0 0
ALLSTATE CORP. COM 020002101 8135 219500 SH DEFINED 02 219500 0 0
ALLSTATE CORP. COM 020002101 2168 58500 SH DEFINED 03 58500 0 0
AMAZON.COM INC. COM 023135106 154969 900000 SH SOLE 837000 0 63000
AMAZON.COM INC. COM 023135106 276 1600 SH DEFINED 02 1600 0 0
AMERADA HESS CORP. COM 023551104 143391 2818500 SH SOLE 2067600 0 750900
AMERADA HESS CORP. COM 023551104 1938 38100 SH DEFINED 01 38100 0 0
AMERADA HESS CORP. COM 023551104 4436 87200 SH DEFINED 02 87200 0 0
AMERADA HESS CORP. COM 023551104 1180 23200 SH DEFINED 03 23200 0 0
AMERICA ONLINE, INC. COM 02364J104 706 4800 SH DEFINED 02 4800 0 0
AMERICA WEST HOLDINGS CORP. COM 023657208 3122 163800 SH SOLE 151000 0 12800
AMERICAN ELECTRIC POWER CO. COM 025537101 130667 3292400 SH SOLE 2425200 0 867200
AMERICAN ELECTRIC POWER CO. COM 025537101 1814 45700 SH DEFINED 01 45700 0 0
AMERICAN ELECTRIC POWER CO. COM 025537101 4143 104400 SH DEFINED 02 104400 0 0
AMERICAN ELECTRIC POWER CO. COM 025537101 1111 28000 SH DEFINED 03 28000 0 0
AMERICAN HOME PRODUCTS CORP. COM 026609107 28638 438900 SH SOLE 363500 0 75400
AMERICAN HOME PRODUCTS CORP. COM 026609107 372 5700 SH DEFINED 02 5700 0 0
AMERICAN INTERNATIONAL GROUP COM 026874107 44873 372000 SH SOLE 315800 0 56200
AMERICAN POWER CONVERSION CORP COM 029066107 996 36900 SH SOLE 34000 0 2900
AMR CORP. COM 001765106 89202 1523200 SH SOLE 1144700 0 378500
AMR CORP. COM 001765106 1247 21300 SH DEFINED 01 21300 0 0
AMR CORP. COM 001765106 2829 48300 SH DEFINED 02 48300 0 0
AMR CORP. COM 001765106 785 13400 SH DEFINED 03 13400 0 0
ANADARKO PETROLEUM CORP. COM 032511107 291 7700 SH SOLE 7700 0 0
ANIXTER INTERNATIONAL INC. COM 035290105 2619 219400 SH SOLE 202300 0 17100
APPLIED MATERIALS, INC. COM 038222105 52434 850000 SH SOLE 790500 0 59500
APPLIED MATERIALS, INC. COM 038222105 234 3800 SH DEFINED 02 3800 0 0
ARCHER-DANIELS-MIDLAND CO. COM 039483102 323156 22002119 SH SOLE 16685811 0 5316308
ARCHER-DANIELS-MIDLAND CO. COM 039483102 3579 243710 SH DEFINED 01 243710 0 0
ARCHER-DANIELS-MIDLAND CO. COM 039483102 8125 553197 SH DEFINED 02 553197 0 0
ARCHER-DANIELS-MIDLAND CO. COM 039483102 2245 152844 SH DEFINED 03 152844 0 0
ARVIN INDUSTRIES INC. COM 043339100 2978 88400 SH SOLE 81500 0 6900
ASSOCIATES FIRST CAPITAL CORP. COM 046008108 216 4800 SH DEFINED 02 4800 0 0
AT HOME CORP. COM 045919107 141750 900000 SH SOLE 837000 0 63000
ATLANTIC RICHFIELD CO. COM 048825103 399855 5468100 SH SOLE 4124600 0 1343500
ATLANTIC RICHFIELD CO. COM 048825103 4497 61500 SH DEFINED 01 61500 0 0
ATLANTIC RICHFIELD CO. COM 048825103 10047 137400 SH DEFINED 02 137400 0 0
ATLANTIC RICHFIELD CO. COM 048825103 2757 37700 SH DEFINED 03 37700 0 0
AT&T CORP LIBERTY MEDIA CL A COM 001957208 252 4800 SH DEFINED 02 4800 0 0
AT&T CORP. COM 001957109 6728 84300 SH SOLE 84300 0 0
AVID TECHNOLOGY INC. COM 05367P100 1046 60000 SH SOLE 55300 0 4700
BAKER-HUGHES INC. COM 057224107 926 38100 SH SOLE 38100 0 0
BANCTEC INC. COM 059784108 1723 139900 SH SOLE 129000 0 10900
BANK OF NEW YORK CO., INC. COM 064057102 4837 134600 SH SOLE 134600 0 0
BANK ONE CORP. COM 06423A103 202216 3672481 SH SOLE 2715681 0 956800
BANK ONE CORP. COM 06423A103 2781 50500 SH DEFINED 01 50500 0 0
BANK ONE CORP. COM 06423A103 6387 116000 SH DEFINED 02 116000 0 0
BANK ONE CORP. COM 06423A103 1701 30900 SH DEFINED 03 30900 0 0
BANKAMERICA CORP. COM 06605F102 439231 6219200 SH SOLE 4684100 0 1535100
BANKAMERICA CORP. COM 06605F102 4718 66800 SH DEFINED 01 66800 0 0
BANKAMERICA CORP. COM 06605F102 10841 153500 SH DEFINED 02 153500 0 0
BANKAMERICA CORP. COM 06605F102 2889 40900 SH DEFINED 03 40900 0 0
BANKBOSTON CORP. COM 06605R106 297912 6878200 SH SOLE 5180900 0 1697300
BANKBOSTON CORP. COM 06605R106 3192 73700 SH DEFINED 01 73700 0 0
BANKBOSTON CORP. COM 06605R106 7268 167800 SH DEFINED 02 167800 0 0
BANKBOSTON CORP. COM 06605R106 1936 44700 SH DEFINED 03 44700 0 0
BANKERS TRUST NEW YORK CORP. COM 066365107 309 3500 SH SOLE 3500 0 0
BAXTER INTERNATIONAL INC. COM 071813109 322971 4893500 SH SOLE 3743100 0 1150400
BAXTER INTERNATIONAL INC. COM 071813109 3458 52400 SH DEFINED 01 52400 0 0
BAXTER INTERNATIONAL INC. COM 071813109 7834 118700 SH DEFINED 02 118700 0 0
BAXTER INTERNATIONAL INC. COM 071813109 2178 33000 SH DEFINED 03 33000 0 0
BELL ATLANTIC CORP. COM 077853109 277680 5372294 SH SOLE 4075104 0 1297190
BELL ATLANTIC CORP. COM 077853109 3074 59464 SH DEFINED 01 59464 0 0
BELL ATLANTIC CORP. COM 077853109 6782 131202 SH DEFINED 02 131202 0 0
BELL ATLANTIC CORP. COM 077853109 1865 36082 SH DEFINED 03 36082 0 0
BEVERLY ENTERPRISES INC. COM 087851309 1290 251700 SH SOLE 232100 0 19600
BIOGEN N V COM 090597105 263 2300 SH DEFINED 02 2300 0 0
BRISTOL-MYERS SQUIBB CO. COM 110122108 56039 873900 SH SOLE 723600 0 150300
BURLINGTON NORTHERN SANTA FE COM 12189T104 345141 10498600 SH SOLE 7920900 0 2577700
BURLINGTON NORTHERN SANTA FE COM 12189T104 3629 110400 SH DEFINED 01 110400 0 0
BURLINGTON NORTHERN SANTA FE COM 12189T104 8308 252700 SH DEFINED 02 252700 0 0
BURLINGTON NORTHERN SANTA FE COM 12189T104 2212 67300 SH DEFINED 03 67300 0 0
BURLINGTON RESOURCES INC. COM 122014103 277653 6952200 SH SOLE 5281300 0 1670900
BURLINGTON RESOURCES INC. COM 122014103 2991 74900 SH DEFINED 01 74900 0 0
BURLINGTON RESOURCES INC. COM 122014103 6769 169500 SH DEFINED 02 169500 0 0
BURLINGTON RESOURCES INC. COM 122014103 1881 47100 SH DEFINED 03 47100 0 0
CABLE DESIGN TECHNOLOGIES CORP COM 126924109 1641 149200 SH SOLE 137500 0 11700
CABLEVISION SYSTEMS CORP. COM 12686C109 88950 1200000 SH SOLE 1115900 0 84100
CALLAWAY GOLF CO. COM 131193104 2017 198000 SH SOLE 182500 0 15500
CAPITAL ONE FINANCIAL CORP. COM 14040H105 574 3800 SH DEFINED 02 3800 0 0
CBS CORPORATION COM 12490K107 40813 1000000 SH SOLE 930000 0 70000
CBS CORPORATION COM 12490K107 245 6000 SH DEFINED 02 6000 0 0
CEC ENTERTAINMENT INC. COM 125137109 2655 74000 SH SOLE 68300 0 5700
CENTEX CORP. COM 152312104 2980 89300 SH SOLE 82300 0 7000
CHAMPION INTERNATIONAL CORP. COM 158525105 128000 3117200 SH SOLE 2318300 0 798900
CHAMPION INTERNATIONAL CORP. COM 158525105 1770 43100 SH DEFINED 01 43100 0 0
CHAMPION INTERNATIONAL CORP. COM 158525105 4041 98400 SH DEFINED 02 98400 0 0
CHAMPION INTERNATIONAL CORP. COM 158525105 1100 26800 SH DEFINED 03 26800 0 0
CHANCELLOR MEDIA CORP. COM 158915108 231 4900 SH DEFINED 02 4900 0 0
CHASE MANHATTAN CORP. COM 16161A108 1658 20380 SH SOLE 20380 0 0
CHEVRON CORP. COM 166751107 1083 12200 SH SOLE 12200 0 0
CHUBB CORP. COM 171232101 331324 5657608 SH SOLE 4254508 0 1403100
CHUBB CORP. COM 171232101 3566 60900 SH DEFINED 01 60900 0 0
CHUBB CORP. COM 171232101 8193 139900 SH DEFINED 02 139900 0 0
CHUBB CORP. COM 171232101 2184 37300 SH DEFINED 03 37300 0 0
CIGNA CORP. COM 125509109 377274 4501400 SH SOLE 3413200 0 1088200
CIGNA CORP. COM 125509109 4040 48200 SH DEFINED 01 48200 0 0
CIGNA CORP. COM 125509109 9270 110600 SH DEFINED 02 110600 0 0
CIGNA CORP. COM 125509109 2472 29500 SH DEFINED 03 29500 0 0
CISCO SYSTEMS INC. COM 17275R102 592 5400 SH DEFINED 02 5400 0 0
CITIGROUP INC. COM 172967101 3507 54900 SH SOLE 54900 0 0
CITIGROUP INC. COM 172967101 307 4800 SH DEFINED 02 4800 0 0
CLEAR CHANNEL COMMUNICATIONS COM 184502102 98917 1475000 SH SOLE 1371700 0 103300
CLEAR CHANNEL COMMUNICATIONS COM 184502102 322 4800 SH DEFINED 02 4800 0 0
COMPAQ COMPUTER CORP. COM 204493100 102572 3237000 SH SOLE 2470100 0 766900
COMPAQ COMPUTER CORP. COM 204493100 1147 36200 SH DEFINED 01 36200 0 0
COMPAQ COMPUTER CORP. COM 204493100 2598 82000 SH DEFINED 02 82000 0 0
COMPAQ COMPUTER CORP. COM 204493100 722 22800 SH DEFINED 03 22800 0 0
CONAGRA INC. COM 205887102 235658 9196400 SH SOLE 7016300 0 2180100
CONAGRA INC. COM 205887102 2516 98200 SH DEFINED 01 98200 0 0
CONAGRA INC. COM 205887102 5709 222800 SH DEFINED 02 222800 0 0
CONAGRA INC. COM 205887102 1571 61300 SH DEFINED 03 61300 0 0
CONOCO INC. COM 208251306 247177 10063200 SH SOLE 7669000 0 2394200
CONOCO INC. COM 208251306 2488 101300 SH DEFINED 01 101300 0 0
CONOCO INC. COM 208251306 5716 232700 SH DEFINED 02 232700 0 0
CONOCO INC. COM 208251306 1523 62000 SH DEFINED 03 62000 0 0
CONSOLIDATED STORES CORP. COM 210149100 53641 1769600 SH SOLE 1307700 0 461900
CONSOLIDATED STORES CORP. COM 210149100 737 24300 SH DEFINED 01 24300 0 0
CONSOLIDATED STORES CORP. COM 210149100 1676 55300 SH DEFINED 02 55300 0 0
CONSOLIDATED STORES CORP. COM 210149100 464 15300 SH DEFINED 03 15300 0 0
CROWN CORK & SEAL COMPANY INC. COM 228255105 156814 5490200 SH SOLE 4108800 0 1381400
CROWN CORK & SEAL COMPANY INC. COM 228255105 2202 77100 SH DEFINED 01 77100 0 0
CROWN CORK & SEAL COMPANY INC. COM 228255105 5004 175200 SH DEFINED 02 175200 0 0
CROWN CORK & SEAL COMPANY INC. COM 228255105 1380 48300 SH DEFINED 03 48300 0 0
CSX CORP. COM 126408103 211162 5423100 SH SOLE 3996400 0 1426700
CSX CORP. COM 126408103 2940 75500 SH DEFINED 01 75500 0 0
CSX CORP. COM 126408103 6674 171400 SH DEFINED 02 171400 0 0
CSX CORP. COM 126408103 1842 47300 SH DEFINED 03 47300 0 0
CVS CORP. COM 126650100 252 5300 SH DEFINED 02 5300 0 0
C-CUBE MICROSYSTEMS INC. COM 125015107 3477 175500 SH SOLE 161800 0 13700
DANA CORP. COM 235811106 332793 8757700 SH SOLE 6628400 0 2129300
DANA CORP. COM 235811106 3754 98800 SH DEFINED 01 98800 0 0
DANA CORP. COM 235811106 8504 223800 SH DEFINED 02 223800 0 0
DANA CORP. COM 235811106 2348 61800 SH DEFINED 03 61800 0 0
DEERE & CO. COM 244199105 204145 5285300 SH SOLE 3872300 0 1413000
DEERE & CO. COM 244199105 2750 71200 SH DEFINED 01 71200 0 0
DEERE & CO. COM 244199105 6323 163700 SH DEFINED 02 163700 0 0
DEERE & CO. COM 244199105 1684 43600 SH DEFINED 03 43600 0 0
DENTSPLY INTERNATIONAL INC. COM 249030107 1995 85800 SH SOLE 79100 0 6700
DISNEY (WALT) CO. COM 254687106 209 6700 SH DEFINED 02 6700 0 0
DOVER CORP. COM 260003108 35009 1064900 SH SOLE 882300 0 182600
DU PONT (E.I.) DE NEMOURS COM 263534109 321271 5533200 SH SOLE 4198800 0 1334400
DU PONT (E.I.) DE NEMOURS COM 263534109 3478 59900 SH DEFINED 01 59900 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 7926 136500 SH DEFINED 02 136500 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 2125 36600 SH DEFINED 03 36600 0 0
DUN & BRADSTREET CORP. COM 26483B106 18529 520100 SH SOLE 418300 0 101800
EASTMAN CHEMICAL CO. COM 277432100 252 6000 SH SOLE 6000 0 0
EASTMAN KODAK CO. COM 277461109 308101 4823500 SH SOLE 3652200 0 1171300
EASTMAN KODAK CO. COM 277461109 3353 52500 SH DEFINED 01 52500 0 0
EASTMAN KODAK CO. COM 277461109 7697 120500 SH DEFINED 02 120500 0 0
EASTMAN KODAK CO. COM 277461109 2050 32100 SH DEFINED 03 32100 0 0
ECHOSTAR COMMUNICATIONS CORP. COM 278762109 40813 500000 SH SOLE 465000 0 35000
EDWARDS (AG) INC. COM 281760108 2278 69700 SH SOLE 64300 0 5400
ELECTRONIC ARTS INC. COM 285512109 147250 3100000 SH SOLE 2882800 0 217200
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 130108 2672300 SH SOLE 1999700 0 672600
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 1816 37300 SH DEFINED 01 37300 0 0
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 4119 84600 SH DEFINED 02 84600 0 0
ELECTRONIC DATA SYSTEMS CORP. COM 285661104 1139 23400 SH DEFINED 03 23400 0 0
EMERSON ELECTRIC CO. COM 291011104 291352 5503700 SH SOLE 4231500 0 1272200
EMERSON ELECTRIC CO. COM 291011104 2965 56000 SH DEFINED 01 56000 0 0
EMERSON ELECTRIC CO. COM 291011104 6718 126900 SH DEFINED 02 126900 0 0
EMERSON ELECTRIC CO. COM 291011104 1853 35000 SH DEFINED 03 35000 0 0
ENERGY EAST CORP. COM 29266M109 2917 111000 SH SOLE 102200 0 8800
ENHANCE FINANCIAL SERVICES GRO COM 293310108 2822 122700 SH SOLE 113100 0 9600
ENRON CORP. COM 293561106 27306 425000 SH SOLE 395300 0 29700
ENRON CORP. COM 293561106 289 4500 SH DEFINED 02 4500 0 0
EVEREST REINS HOLDINGS INC. COM 299808105 1606 51500 SH SOLE 47500 0 4000
EXPRESS SCRIPTS INC. COM 302182100 25781 300000 SH SOLE 278900 0 21100
EXXON CORP. COM 302290101 5574 79000 SH SOLE 79000 0 0
FEDERAL NATIONAL MORTGAGE ASSN COM 313586109 332 4800 SH DEFINED 02 4800 0 0
FEDERATED DEPARTMENT STORES COM 31410H101 422635 10532960 SH SOLE 7989860 0 2543100
FEDERATED DEPARTMENT STORES COM 31410H101 4502 112200 SH DEFINED 01 112200 0 0
FEDERATED DEPARTMENT STORES COM 31410H101 10264 255800 SH DEFINED 02 255800 0 0
FEDERATED DEPARTMENT STORES COM 31410H101 2737 68200 SH DEFINED 03 68200 0 0
FIRST AMERICAN CORP. COM 318900107 1361 36900 SH SOLE 34000 0 2900
FIRST UNION CORP. COM 337358105 4820 90200 SH SOLE 90200 0 0
FIRSTENERGY CORP. COM 337932107 190644 6808700 SH SOLE 5217100 0 1591600
FIRSTENERGY CORP. COM 337932107 1798 64200 SH DEFINED 01 64200 0 0
FIRSTENERGY CORP. COM 337932107 4099 146400 SH DEFINED 02 146400 0 0
FIRSTENERGY CORP. COM 337932107 1092 39000 SH DEFINED 03 39000 0 0
FLEET FINANCIAL GROUP INC. COM 338915101 267 7096 SH SOLE 7096 0 0
FLEXTRONICS INTERNATIONAL LTD COM Y2573F102 188700 3700000 SH SOLE 3440800 0 259200
FORD MOTOR CO. COM 345370100 986 17400 SH SOLE 17400 0 0
FORT JAMES CORP. COM 347471104 300252 9475400 SH SOLE 7123900 0 2351500
FORT JAMES CORP. COM 347471104 3365 106200 SH DEFINED 01 106200 0 0
FORT JAMES CORP. COM 347471104 7659 241700 SH DEFINED 02 241700 0 0
FORT JAMES CORP. COM 347471104 2015 63600 SH DEFINED 03 63600 0 0
FORTUNE BRANDS INC. COM 349631101 350 9100 SH SOLE 9100 0 0
FPL GROUP INC. COM 302571104 135548 2545500 SH SOLE 1882400 0 663100
FPL GROUP INC. COM 302571104 1901 35700 SH DEFINED 01 35700 0 0
FPL GROUP INC. COM 302571104 4303 80800 SH DEFINED 02 80800 0 0
FPL GROUP INC. COM 302571104 1172 22000 SH DEFINED 03 22000 0 0
GANNETT CO. COM 364730101 225427 3578200 SH SOLE 2648300 0 929900
GANNETT CO. COM 364730101 3119 49500 SH DEFINED 01 49500 0 0
GANNETT CO. COM 364730101 7075 112300 SH DEFINED 02 112300 0 0
GANNETT CO. COM 364730101 1953 31000 SH DEFINED 03 31000 0 0
GENERAL ELECTRIC CO. COM 369604103 42060 380200 SH SOLE 334800 0 45400
GENERAL ELECTRIC CO. COM 369604103 1007 9100 SH DEFINED 02 9100 0 0
GENERAL MOTORS CORP. COM 370442105 931 10700 SH SOLE 10700 0 0
GENZYME CORP. COM 372917104 26480 525000 SH SOLE 488200 0 36800
GENZYME CORP. COM 372917104 242 4800 SH DEFINED 02 4800 0 0
GILEAD SCIENCES INC. COM 375558103 13650 300000 SH SOLE 278900 0 21100
GOODYEAR TIRE & RUBBER CO. COM 382550101 258183 5183100 SH SOLE 3931500 0 1251600
GOODYEAR TIRE & RUBBER CO. COM 382550101 2770 55600 SH DEFINED 01 55600 0 0
GOODYEAR TIRE & RUBBER CO. COM 382550101 6371 127900 SH DEFINED 02 127900 0 0
GOODYEAR TIRE & RUBBER CO. COM 382550101 1699 34100 SH DEFINED 03 34100 0 0
GPU INC. COM 36225X100 43253 1159200 SH SOLE 960800 0 198400
GREENPOINT FINANCIAL CORP. COM 395384100 2836 81600 SH SOLE 75100 0 6500
GTE CORP. COM 362320103 375853 6212450 SH SOLE 4705650 0 1506800
GTE CORP. COM 362320103 3818 63100 SH DEFINED 01 63100 0 0
GTE CORP. COM 362320103 8779 145100 SH DEFINED 02 145100 0 0
GTE CORP. COM 362320103 2341 38700 SH DEFINED 03 38700 0 0
GTECH HOLDINGS CORP. COM 400518106 2735 112200 SH SOLE 103400 0 8800
GUIDANT CORP. COM 401698105 345 5700 SH DEFINED 02 5700 0 0
GULFSTREAM AEROSPACE CORP. COM 402734107 99763 2300000 SH SOLE 2138900 0 161100
HALLIBURTON COMPANY COM 406216101 216104 5613100 SH SOLE 4103800 0 1509300
HALLIBURTON COMPANY COM 406216101 3103 80600 SH DEFINED 01 80600 0 0
HALLIBURTON COMPANY COM 406216101 7130 185200 SH DEFINED 02 185200 0 0
HALLIBURTON COMPANY COM 406216101 1902 49400 SH DEFINED 03 49400 0 0
HARRAH'S ENTERTAINMENT, INC. COM 413619107 2049 107500 SH SOLE 99200 0 8300
HARTFORD FINANCIAL SERVICES GR COM 416515104 58545 1030500 SH SOLE 830400 0 200100
HCC INSURANCE HOLDINGS INC. COM 404132102 3196 166000 SH SOLE 153100 0 12900
HELMERICH & PAYNE INC. COM 423452101 2448 107900 SH SOLE 99400 0 8500
HOME DEPOT, INC. COM 437076102 355 5700 SH DEFINED 02 5700 0 0
HOME OWNERSHIP FDG CORP PREF. COM 437296205 405 450 SH SOLE 450 0 0
HOUSEHOLD INTERNATIONAL INC. COM 441815107 113643 2490800 SH SOLE 1845400 0 645400
HOUSEHOLD INTERNATIONAL INC. COM 441815107 1583 34700 SH DEFINED 01 34700 0 0
HOUSEHOLD INTERNATIONAL INC. COM 441815107 3591 78700 SH DEFINED 02 78700 0 0
HOUSEHOLD INTERNATIONAL INC. COM 441815107 926 20300 SH DEFINED 03 20300 0 0
HUBBELL INC. CLASS B COM 443510201 3872 96800 SH SOLE 96800 0 0
HUMANA, INC. COM 444859102 611 35400 SH SOLE 35400 0 0
INGERSOLL-RAND COMPANY COM 456866102 48995 987300 SH SOLE 817500 0 169800
INKTOMI CORP. COM 457277101 249 2900 SH DEFINED 02 2900 0 0
INTEL CORP. COM 458140100 47550 400000 SH SOLE 371900 0 28100
INTEL CORP. COM 458140100 630 5300 SH DEFINED 02 5300 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 100279 565750 SH SOLE 447100 0 118650
INTERNATIONAL BUSINESS MACHINE COM 459200101 567 3200 SH DEFINED 01 3200 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 1312 7400 SH DEFINED 02 7400 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 355 2000 SH DEFINED 03 2000 0 0
INTERNATIONAL PAPER CO. COM 460146103 254648 6036100 SH SOLE 4651400 0 1384700
INTERNATIONAL PAPER CO. COM 460146103 2628 62300 SH DEFINED 01 62300 0 0
INTERNATIONAL PAPER CO. COM 460146103 5965 141400 SH DEFINED 02 141400 0 0
INTERNATIONAL PAPER CO. COM 460146103 1641 38900 SH DEFINED 03 38900 0 0
ISS GROUP INC. COM 450306105 162975 2050000 SH SOLE 1906400 0 143600
IVILLAGE INC. COM 46588H105 5779 57500 SH SOLE 53400 0 4100
JABIL CIRCUIT INC. COM 466313103 59738 1475000 SH SOLE 1371700 0 103300
JACOBS ENGINEERING GROUP INC. COM 469814107 4023 102000 SH SOLE 94000 0 8000
JOHNSON & JOHNSON COM 478160104 44413 475000 SH SOLE 393200 0 81800
JOHNSON & JOHNSON COM 478160104 383 4100 SH DEFINED 02 4100 0 0
JUST FOR FEET INC. COM 48213P106 4501 360100 SH SOLE 332000 0 28100
KANSAS CITY SOUTHERN INDUSTRIE COM 485170104 45600 800000 SH SOLE 744000 0 56000
KANSAS CITY SOUTHERN INDUSTRIE COM 485170104 348 6100 SH DEFINED 02 6100 0 0
KERR-MCGEE CORP. COM 492386107 837 25500 SH SOLE 25500 0 0
KEYCORP COM 493267108 59737 1970700 SH SOLE 1633800 0 336900
KIMBERLY-CLARK CORP. COM 494368103 249328 5201100 SH SOLE 3972500 0 1228600
KIMBERLY-CLARK CORP. COM 494368103 2478 51700 SH DEFINED 01 51700 0 0
KIMBERLY-CLARK CORP. COM 494368103 5690 118700 SH DEFINED 02 118700 0 0
KIMBERLY-CLARK CORP. COM 494368103 1515 31600 SH DEFINED 03 31600 0 0
KNIGHT/TRIMARK GROUP INC. COM 499067106 45225 675000 SH SOLE 627700 0 47300
KROGER CO. COM 501044101 29267 488800 SH SOLE 404100 0 84700
LENNAR CORP. COM 526057104 1779 79500 SH SOLE 73300 0 6200
LILLY (ELI) & CO. COM 532457108 348 4100 SH DEFINED 02 4100 0 0
LOCKHEED MARTIN CORP. COM 539830109 212695 5634300 SH SOLE 4254100 0 1380200
LOCKHEED MARTIN CORP. COM 539830109 2884 76400 SH DEFINED 01 76400 0 0
LOCKHEED MARTIN CORP. COM 539830109 6636 175800 SH DEFINED 02 175800 0 0
LOCKHEED MARTIN CORP. COM 539830109 1770 46900 SH DEFINED 03 46900 0 0
LOEWS CORP. COM 540424108 93132 1248000 SH SOLE 916300 0 331700
LOEWS CORP. COM 540424108 1455 19500 SH DEFINED 01 19500 0 0
LOEWS CORP. COM 540424108 3351 44900 SH DEFINED 02 44900 0 0
LOEWS CORP. COM 540424108 896 12000 SH DEFINED 03 12000 0 0
LOWE'S COMPANIES, INC. COM 548661107 78650 1300000 SH SOLE 1208900 0 91100
LOWE'S COMPANIES, INC. COM 548661107 393 6500 SH DEFINED 02 6500 0 0
LUCENT TECHNOLOGIES INC. COM 549463107 205 3800 SH DEFINED 02 3800 0 0
MASCO CORP. COM 574599106 319253 11301000 SH SOLE 8560800 0 2740200
MASCO CORP. COM 574599106 3463 122600 SH DEFINED 01 122600 0 0
MASCO CORP. COM 574599106 7885 279100 SH DEFINED 02 279100 0 0
MASCO CORP. COM 574599106 2122 75100 SH DEFINED 03 75100 0 0
MAY DEPARTMENT STORES CO. COM 577778103 241082 6161837 SH SOLE 4737525 0 1424312
MAY DEPARTMENT STORES CO. COM 577778103 2213 56550 SH DEFINED 01 56550 0 0
MAY DEPARTMENT STORES CO. COM 577778103 5047 129000 SH DEFINED 02 129000 0 0
MAY DEPARTMENT STORES CO. COM 577778103 1344 34350 SH DEFINED 03 34350 0 0
MCDONALD'S CORP. COM 580135101 4531 100000 SH SOLE 100000 0 0
MCDONALD'S CORP. COM 580135101 227 5000 SH DEFINED 02 5000 0 0
MCI WORLDCOM INC. COM 55268B106 425 4800 SH DEFINED 02 4800 0 0
MEDIMMUNE INC. COM 584699102 31073 525000 SH SOLE 488200 0 36800
MEDIMMUNE INC. COM 584699102 284 4800 SH DEFINED 02 4800 0 0
MERCK & CO INC. COM 589331107 769 9600 SH DEFINED 02 9600 0 0
MERRILL LYNCH & CO. INC. COM 590188108 59738 675000 SH SOLE 627700 0 47300
MERRILL LYNCH & CO. INC. COM 590188108 239 2700 SH DEFINED 02 2700 0 0
METAMOR WORLDWIDE INC. COM 59133P100 2761 197200 SH SOLE 181800 0 15400
METZLER GROUP INC. COM 592903108 51769 1650000 SH SOLE 1534300 0 115700
METZLER GROUP INC. COM 592903108 210 6700 SH DEFINED 02 6700 0 0
MICRON TECHNOLOGY, INC. COM 595112103 180703 3750000 SH SOLE 3487200 0 262800
MICROSOFT CORP. COM 594918104 89625 1000000 SH SOLE 930000 0 70000
MICROSOFT CORP. COM 594918104 896 10000 SH DEFINED 02 10000 0 0
MINNESOTA MNG & MFG CO. COM 604059105 920 13000 SH SOLE 13000 0 0
MOBIL CORP. COM 607059102 6239 70900 SH SOLE 70900 0 0
MOHAWK INDUSTRIES INC. COM 608190104 2457 81900 SH SOLE 75500 0 6400
MONSANTO CO. COM 611662107 1011 22000 SH SOLE 22000 0 0
MONSANTO CO. COM 611662107 221 4800 SH DEFINED 02 4800 0 0
MONY GROUP INC. COM 615337102 356 14300 SH DEFINED 02 14300 0 0
MORGAN STANLEY DEAN WITTER & C COM 617446448 450 4500 SH SOLE 4500 0 0
MORGAN STANLEY DEAN WITTER & C COM 617446448 480 4800 SH DEFINED 02 4800 0 0
MOTOROLA, INC. COM 620076109 130619 1783200 SH SOLE 1472400 0 310800
MOTOROLA, INC. COM 620076109 1245 17000 SH DEFINED 01 17000 0 0
MOTOROLA, INC. COM 620076109 3077 42000 SH DEFINED 02 42000 0 0
MOTOROLA, INC. COM 620076109 784 10700 SH DEFINED 03 10700 0 0
NALCO CHEMICAL CO. COM 629853102 422 15900 SH SOLE 15900 0 0
NEW YORK TIMES COMPANY COM 650111107 58513 2053100 SH SOLE 1699300 0 353800
NEWELL RUBBERMAID INC. COM 651229106 281110 5918100 SH SOLE 4469200 0 1448900
NEWELL RUBBERMAID INC. COM 651229106 3206 67500 SH DEFINED 01 67500 0 0
NEWELL RUBBERMAID INC. COM 651229106 7272 153100 SH DEFINED 02 153100 0 0
NEWELL RUBBERMAID INC. COM 651229106 2019 42500 SH DEFINED 03 42500 0 0
NEWMONT MINING CORP. COM 651639106 263 15000 SH SOLE 15000 0 0
NOKIA CORP. COM 654902204 11681 75000 SH SOLE 75000 0 0
NORFOLK SOUTHERN CORP. COM 655844108 185540 7034700 SH SOLE 5413200 0 1621500
NORFOLK SOUTHERN CORP. COM 655844108 1801 68300 SH DEFINED 01 68300 0 0
NORFOLK SOUTHERN CORP. COM 655844108 4091 155100 SH DEFINED 02 155100 0 0
NORFOLK SOUTHERN CORP. COM 655844108 1131 42900 SH DEFINED 03 42900 0 0
OCCIDENTAL PETROLEUM CORP. COM 674599105 111101 6172300 SH SOLE 4579100 0 1593200
OCCIDENTAL PETROLEUM CORP. COM 674599105 1528 84900 SH DEFINED 01 84900 0 0
OCCIDENTAL PETROLEUM CORP. COM 674599105 3463 192400 SH DEFINED 02 192400 0 0
OCCIDENTAL PETROLEUM CORP. COM 674599105 959 53300 SH DEFINED 03 53300 0 0
OLD REPUBLIC INTERNATIONAL COR COM 680223104 2649 145150 SH SOLE 133850 0 11300
ORTHODONTIC CENTERS OF AMERICA COM 68750P103 3130 198700 SH SOLE 183200 0 15500
PENNEY (J.C.) CO., INC. COM 708160106 33700 832100 SH SOLE 689700 0 142400
PENNZENERGY CO COM 70931Q109 150 14300 SH SOLE 14300 0 0
PENNZOIL-QUAKER ST CO COM 709323109 177 14300 SH SOLE 14300 0 0
PEOPLES HERITAGE FINANCIAL GRO COM 711147108 1919 106600 SH SOLE 98300 0 8300
PEPSICO, INC. COM 713448108 3942 100600 SH SOLE 100600 0 0
PEPSICO, INC. COM 713448108 282 7200 SH DEFINED 02 7200 0 0
PERRIGO CO. COM 714290103 1142 157500 SH SOLE 145300 0 12200
PFIZER, INC. COM 717081103 791 5700 SH DEFINED 02 5700 0 0
PG&E CORP. COM 69331C108 475 15300 SH SOLE 15300 0 0
PHILIP MORRIS COMPANIES INC. COM 718154107 3478 98850 SH SOLE 98850 0 0
PIER 1 IMPORTS INC. COM 720279108 1860 228900 SH SOLE 211000 0 17900
PMI GROUP INC. COM 69344M101 2054 44300 SH SOLE 40900 0 3400
PNC BANK CORP. COM 693475105 2456 44200 SH SOLE 37700 0 6500
POOL ENERGY SERVICES CO. COM 732788104 1260 82300 SH SOLE 75800 0 6500
PPG INDUSTRIES, INC. COM 693506107 219295 4278930 SH SOLE 3272900 0 1006030
PPG INDUSTRIES, INC. COM 693506107 1978 38600 SH DEFINED 01 38600 0 0
PPG INDUSTRIES, INC. COM 693506107 4607 89900 SH DEFINED 02 89900 0 0
PPG INDUSTRIES, INC. COM 693506107 1230 24000 SH DEFINED 03 24000 0 0
PRAXAIR, INC. COM 74005P104 259600 7198600 SH SOLE 5418700 0 1779900
PRAXAIR, INC. COM 74005P104 2878 79800 SH DEFINED 01 79800 0 0
PRAXAIR, INC. COM 74005P104 6614 183400 SH DEFINED 02 183400 0 0
PRAXAIR, INC. COM 74005P104 1763 48900 SH DEFINED 03 48900 0 0
PRICELINE.COM INC. COM 741503106 4144 50000 SH SOLE 46600 0 3400
PRIME HOSPITALITY CORP. COM 741917108 689 69300 SH SOLE 63900 0 5400
PROCTER & GAMBLE CO. COM 742718109 470 4800 SH DEFINED 02 4800 0 0
PUBLIC SERVICE COMPANY OF NEW COM 744499104 2258 132800 SH SOLE 122500 0 10300
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 108937 2852700 SH SOLE 2283300 0 569400
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 691 18100 SH DEFINED 01 18100 0 0
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 1570 41100 SH DEFINED 02 41100 0 0
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 432 11300 SH DEFINED 03 11300 0 0
PULTE CORP. COM 745867101 2275 109300 SH SOLE 100800 0 8500
RALCORP HOLDINGS INC. COM 751028101 1982 104300 SH SOLE 96200 0 8100
RALSTON PURINA CO. COM 751277302 60396 2263100 SH SOLE 1875600 0 387500
RAYTHEON CO. CLASS A COM 755111309 180928 3132958 SH SOLE 2407958 0 725000
RAYTHEON CO. CLASS A COM 755111309 1663 28800 SH DEFINED 01 28800 0 0
RAYTHEON CO. CLASS A COM 755111309 3817 66100 SH DEFINED 02 66100 0 0
RAYTHEON CO. CLASS A COM 755111309 1016 17600 SH DEFINED 03 17600 0 0
RAYTHEON CO. CLASS B COM 755111408 71355 1217144 SH SOLE 947544 0 269600
RAYTHEON CO. CLASS B COM 755111408 950 16200 SH DEFINED 01 16200 0 0
RAYTHEON CO. CLASS B COM 755111408 2216 37800 SH DEFINED 02 37800 0 0
RAYTHEON CO. CLASS B COM 755111408 580 9900 SH DEFINED 03 9900 0 0
REMEDY CORP. COM 759548100 2339 167100 SH SOLE 154100 0 13000
RITE AID CORP. COM 767754104 47380 1895200 SH SOLE 1573800 0 321400
ROHM & HAAS CO. COM 775371107 26578 791900 SH SOLE 655500 0 136400
ROMAC INTERNATIONAL INC. COM 775835101 3301 388400 SH SOLE 358100 0 30300
ROYAL DUTCH PETROLEUM CO. COM 780257804 2241 43100 SH SOLE 43100 0 0
SALANT CORP. COM 793897109 23 185828 SH SOLE 185828 0 0
SARA LEE CORP. COM 803111103 63783 2577100 SH SOLE 2132500 0 444600
SBC COMMUNICATIONS INC. COM 78387G103 46587 987274 SH SOLE 830874 0 156400
SCHERING-PLOUGH CORP. COM 806605101 5171 93600 SH SOLE 93600 0 0
SCHERING-PLOUGH CORP. COM 806605101 298 5400 SH DEFINED 02 5400 0 0
SCHLUMBERGER LTD. COM 806857108 148067 2460100 SH SOLE 1765500 0 694600
SCHLUMBERGER LTD. COM 806857108 2257 37500 SH DEFINED 01 37500 0 0
SCHLUMBERGER LTD. COM 806857108 5116 85000 SH DEFINED 02 85000 0 0
SCHLUMBERGER LTD. COM 806857108 1414 23500 SH DEFINED 03 23500 0 0
SEACOR SMIT INC. COM 811904101 2093 38900 SH SOLE 35800 0 3100
SEAGATE TECHNOLOGY COM 811804103 100776 3408900 SH SOLE 2603500 0 805400
SEAGATE TECHNOLOGY COM 811804103 1064 36000 SH DEFINED 01 36000 0 0
SEAGATE TECHNOLOGY COM 811804103 2412 81600 SH DEFINED 02 81600 0 0
SEAGATE TECHNOLOGY COM 811804103 671 22700 SH DEFINED 03 22700 0 0
SEAGRAM COMPANY, LTD. COM 811850106 350 7000 SH SOLE 7000 0 0
SEARS ROEBUCK AND COMPANY COM 812387108 187637 4152400 SH SOLE 3079800 0 1072600
SEARS ROEBUCK AND COMPANY COM 812387108 2589 57300 SH DEFINED 01 57300 0 0
SEARS ROEBUCK AND COMPANY COM 812387108 5888 130300 SH DEFINED 02 130300 0 0
SEARS ROEBUCK AND COMPANY COM 812387108 1536 34000 SH DEFINED 03 34000 0 0
SFX ENTERTAINMENT INC. COM 784178105 98458 1525000 SH SOLE 1418200 0 106800
SFX ENTERTAINMENT INC. COM 784178105 310 4800 SH DEFINED 02 4800 0 0
SNYDER COMMUNICATIONS COM 832914105 176309 6325000 SH SOLE 5881900 0 443100
SOLUTIA INC COM 834376105 676 38900 SH SOLE 38900 0 0
ST PAUL COS INC. COM 792860108 265488 8546900 SH SOLE 6496700 0 2050200
ST PAUL COS INC. COM 792860108 2858 92000 SH DEFINED 01 92000 0 0
ST PAUL COS INC. COM 792860108 6486 208800 SH DEFINED 02 208800 0 0
ST PAUL COS INC. COM 792860108 1799 57900 SH DEFINED 03 57900 0 0
TANDY CORP. COM 875382103 236 3700 SH DEFINED 02 3700 0 0
TENET HEALTH CARE CORP. COM 88033G100 238438 12590800 SH SOLE 9848500 0 2742300
TENET HEALTH CARE CORP. COM 88033G100 2553 134800 SH DEFINED 01 134800 0 0
TENET HEALTH CARE CORP. COM 88033G100 5793 305900 SH DEFINED 02 305900 0 0
TENET HEALTH CARE CORP. COM 88033G100 1598 84400 SH DEFINED 03 84400 0 0
TENNECO INC. COM 88037E101 92029 3294100 SH SOLE 2411800 0 882300
TENNECO INC. COM 88037E101 1229 44000 SH DEFINED 01 44000 0 0
TENNECO INC. COM 88037E101 2822 101000 SH DEFINED 02 101000 0 0
TENNECO INC. COM 88037E101 752 26900 SH DEFINED 03 26900 0 0
TERADYNE INC. COM 880770102 54563 1000000 SH SOLE 930000 0 70000
TEXACO INC. COM 881694103 180953 3188600 SH SOLE 2416800 0 771800
TEXACO INC. COM 881694103 1765 31100 SH DEFINED 01 31100 0 0
TEXACO INC. COM 881694103 3950 69600 SH DEFINED 02 69600 0 0
TEXACO INC. COM 881694103 1084 19100 SH DEFINED 03 19100 0 0
TEXAS INSTRUMENTS, INC. COM 882508104 84363 850000 SH SOLE 790500 0 59500
TEXAS INSTRUMENTS, INC. COM 882508104 218 2200 SH DEFINED 02 2200 0 0
TEXAS UTILITIES CO. COM 882848104 188341 4484300 SH SOLE 3324800 0 1159500
TEXAS UTILITIES CO. COM 882848104 2596 61800 SH DEFINED 01 61800 0 0
TEXAS UTILITIES CO. COM 882848104 5876 139900 SH DEFINED 02 139900 0 0
TEXAS UTILITIES CO. COM 882848104 1621 38600 SH DEFINED 03 38600 0 0
TEXTRON, INC. COM 883203101 58658 758100 SH SOLE 628600 0 129500
THE PEPSI BOTTLING GROUP INC. COM 713409100 143745 6628000 SH SOLE 5120700 0 1507300
THE PEPSI BOTTLING GROUP INC. COM 713409100 2071 95500 SH DEFINED 01 95500 0 0
THE PEPSI BOTTLING GROUP INC. COM 713409100 4700 216700 SH DEFINED 02 216700 0 0
THE PEPSI BOTTLING GROUP INC. COM 713409100 1297 59800 SH DEFINED 03 59800 0 0
TIFFANY & CO. COM 886547108 29900 400000 SH SOLE 371900 0 28100
TIME WARNER, INC. COM 887315109 227 3200 SH DEFINED 02 3200 0 0
TORCHMARK CORP. COM 891027104 541 17100 SH SOLE 14100 0 3000
TOWER AUTOMOTIVE INC. COM 891707101 1382 74200 SH SOLE 68400 0 5800
U S WEST INC. COM 91273H101 150128 2726500 SH SOLE 2130600 0 595900
U S WEST INC. COM 91273H101 1443 26200 SH DEFINED 01 26200 0 0
U S WEST INC. COM 91273H101 3287 59700 SH DEFINED 02 59700 0 0
U S WEST INC. COM 91273H101 909 16500 SH DEFINED 03 16500 0 0
UNICOM CORP. COM 904911104 24665 674600 SH SOLE 561100 0 113500
UNION PACIFIC CORP. COM 907818108 807 15100 SH SOLE 15100 0 0
UNION PACIFIC RESOURCES COM 907834105 105670 8898537 SH SOLE 6587437 0 2311100
UNION PACIFIC RESOURCES COM 907834105 1463 123200 SH DEFINED 01 123200 0 0
UNION PACIFIC RESOURCES COM 907834105 3327 280200 SH DEFINED 02 280200 0 0
UNION PACIFIC RESOURCES COM 907834105 887 74700 SH DEFINED 03 74700 0 0
UNITED TECHNOLOGIES CORP. COM 913017109 21020 155200 SH SOLE 128400 0 26800
UNOCAL CORP. COM 915289102 228216 6188900 SH SOLE 4528400 0 1660500
UNOCAL CORP. COM 915289102 3072 83300 SH DEFINED 01 83300 0 0
UNOCAL CORP. COM 915289102 7062 191500 SH DEFINED 02 191500 0 0
UNOCAL CORP. COM 915289102 1881 51000 SH DEFINED 03 51000 0 0
UNUM CORP. COM 903192102 170726 3589500 SH SOLE 2644900 0 944600
UNUM CORP. COM 903192102 2312 48600 SH DEFINED 01 48600 0 0
UNUM CORP. COM 903192102 5308 111600 SH DEFINED 02 111600 0 0
UNUM CORP. COM 903192102 1413 29700 SH DEFINED 03 29700 0 0
US FREIGHTWAYS CORP. COM 916906100 3209 97600 SH SOLE 90000 0 7600
USA NETWORKS INC. COM 902984103 24173 675000 SH SOLE 627700 0 47300
USX-MARATHON GROUP COM 902905827 70241 2554200 SH SOLE 2119600 0 434600
VALERO ENERGY COM 91913Y100 2413 97000 SH SOLE 89500 0 7500
VENATOR GROUP INC. COM 922944103 622 88100 SH SOLE 88100 0 0
VERISIGN INC. COM 92343E102 10010 65000 SH SOLE 60400 0 4600
VISX INC. COM 92844S105 64538 600000 SH SOLE 558000 0 42000
WAL-MART STORES, INC. COM 931142103 3688 40000 SH SOLE 40000 0 0
WAL-MART STORES, INC. COM 931142103 221 2400 SH DEFINED 02 2400 0 0
WARNER LAMBERT CO. COM 934488107 5366 81000 SH SOLE 81000 0 0
WASHINGTON FEDERAL INC. COM 938824109 1943 92530 SH SOLE 85380 0 7150
WASHINGTON GAS LIGHT CO. COM 938837101 1677 74100 SH SOLE 68200 0 5900
WASHINGTON MUTUAL INC. COM 939322103 255120 6241475 SH SOLE 4772925 0 1468550
WASHINGTON MUTUAL INC. COM 939322103 2461 60200 SH DEFINED 01 60200 0 0
WASHINGTON MUTUAL INC. COM 939322103 5612 137300 SH DEFINED 02 137300 0 0
WASHINGTON MUTUAL INC. COM 939322103 1508 36900 SH DEFINED 03 36900 0 0
WELLS FARGO & CO. COM 949746101 557 15900 SH SOLE 15900 0 0
WENDY'S INTERNATIONAL INC. COM 950590109 236 8300 SH DEFINED 02 8300 0 0
WILLAMETTE INDUSTRIES INC. COM 969133107 26625 705300 SH SOLE 567300 0 138000
WILLIAMS COMPANIES, INC. COM 969457100 20860 528100 SH SOLE 434500 0 93600
WOLVERINE WORLD WIDE INC. COM 978097103 2297 241800 SH SOLE 223100 0 18700
XEROX CORP. COM 984121103 69462 1301400 SH SOLE 1077800 0 223600
XEROX CORP. COM 984121103 256 4800 SH DEFINED 02 4800 0 0
XILINX INC. COM 983919101 349 8600 SH DEFINED 02 8600 0 0
ZALE CORP. COM 988858106 3388 99100 SH SOLE 91400 0 7700
ZDNET GROUP COM 989511209 3600 100000 SH SOLE 93000 0 7000
</TABLE>
