UNTIED STATES SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 205049
FORM 13F
FORM13F COVER PAGE
REPORT FOR THE QUARTER ENDED MARCH 31, 2000
INSTITUTIONAL INVESTMENT MANAGER FILING THE REPORT:
GRACE & WHITE, INC.
515 MADISON AVE.
SUITE 1700
NEW YORK, N.Y.10022
13F FILE NUMBER 1Q2000
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 requried items, statements, schedules, lists,
and tables, are considered integral parts of this form.
Person Sigining the Report on Behalf of Reporting Manager:
MARC E. RAVITZ
VICE-PRESIDENT
212-935-5990
S/MARC E. RAVITZ NY, NY MAY 5, 2000
13F HOLDINGS REPORT
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES
EXCANGE ACT OF 1934.
GRACE & WHITE, INC.
FORM 13F SUMMARY PAGE
AS OF DATE: 03/31/00
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 157
FORM 13F INFORMATION TABLE VALUE TOTAL: $177,275,000
LIST OF OTHER INCLUDED MANAGERS:NONE
NO. 13F FILE NUMBER 1Q200
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GRACE & WHITE, INC.
FORM 13F INFORMATION TABLE
AS OF DATE: 03/31/00
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN SOLE NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- -------- --------
ADVANCED MARKETING SVCS INC COM 00753T105 15876 765099 SH SOLE 93450 671649
ADVANCED MARKETING SVCS INC COM 00753T105 2898 139650 SH OTHER 0 139650
ALICO LAND DEV CO COM 016230104 1032 63500 SH SOLE 16000 47500
ALICO LAND DEV CO COM 016230104 219 13500 SH OTHER 0 13500
ALLIANT CORP COM COM 018802108 2551 83806 SH SOLE 12392 71414
AMERICAN WOODMARK CORP COM COM 030506109 1328 64400 SH SOLE 8200 56200
ANDERSEN GROUP COM 033501107 1565 120363 SH SOLE 124 120239
ANDERSEN GROUP INC CV 10.5% 10 CONVERTIBLE BOND 033501AB3 280 342000 PRN SOLE 99000 243000
APPLIED INDL TECHNLGIES INC CO COM 03820C105 816 51000 SH SOLE 13600 37400
ASIA FINANCIAL HOLDINGS HK FOREIGN COMMON S 6057754 221 1250000 SH SOLE 938000 312000
ATLANTIC RICHFIELD COMPANY COM 048825103 1136 13360 SH SOLE 0 13360
BANYAN STRATEGIC RLTY TR SH BE COM 06683M102 815 155200 SH SOLE 3000 152200
BASSETT FURNITURE INDS INC COM COM 070203104 2542 181600 SH SOLE 55200 126400
BEN & JERRYS HOMEMADE INC COM 081465106 913 27200 SH SOLE 10300 16900
BERKLEY W R CORP COM COM 084423102 800 34700 SH SOLE 11100 23600
BP AMOCO ADS COM 055622104 268 5042 SH SOLE 2350 2692
BP AMOCO ADS COM 055622104 1804 33876 SH OTHER 0 33876
BRISTOL MYERS SQUIBB CO COM 110122108 202 3480 SH OTHER 0 3480
CALLAWAY GOLF CO COM COM 131193104 465 30000 SH SOLE 2500 27500
CAPITOL FED FINL COM COM 14057C106 97 10300 SH SOLE 0 10300
CASTLE A M & CO COM 148411101 1281 102468 SH SOLE 31700 70768
CATELLUS DEV CORP COM COM 149111106 2621 188927 SH SOLE 33875 155052
CATELLUS DEV CORP COM COM 149111106 278 20000 SH OTHER 0 20000
CFS BANCORP INC COM COM 12525D102 1622 180200 SH SOLE 35100 145100
CMI CORP OKLA CL A COM 125761304 1619 354800 SH SOLE 61500 293300
COLONIAL INTERMKT INCOME TR CO COM 195762109 498 62300 SH SOLE 3000 59300
CONSOLIDATED TOMOKA LD CO COM COM 210226106 501 45300 SH SOLE 10500 34800
CORN PRODS INTL INC COM COM 219023108 602 25000 SH SOLE 7000 18000
CROSS A T CO CL A COM 227478104 1191 202800 SH SOLE 36600 166200
CROWN CRAFTS INC COM COM 228309100 563 428900 SH SOLE 77700 351200
CYBEX INTL INC COM COM 23252E106 2458 587100 SH SOLE 65900 521200
CYBEX INTL INC COM COM 23252E106 168 40000 SH OTHER 0 40000
DAWSON GEOPHYSICAL CO COM COM 239359102 795 79000 SH SOLE 10500 68500
DESIGNS INC COM 25057L102 1468 1269900 SH SOLE 241300 1028600
DIGITAL GRAPHIX INC. COM 25385E101 0 11510 SH SOLE 0 11510
DONNA KARAN INTL INC COM COM 257826107 382 49700 SH SOLE 12000 37700
EMC INS GROUP INC COM 268664109 2232 287966 SH SOLE 52700 235266
EVEREST RE GROUP COM G3223R108 1289 39500 SH SOLE 14200 25300
EXXON MOBIL CORPORATION COM 30231G102 720 9234 SH SOLE 1003 8230
EXXON MOBIL CORPORATION COM 30231G102 501 6432 SH OTHER 0 6432
FAB INDS INC COM COM 302747100 1365 131600 SH SOLE 51000 80600
FARM FAMILY HLDGS INC COM COM 307901108 298 10000 SH SOLE 2400 7600
FINANCIAL FED CORP COM COM 317492106 204 11234 SH SOLE 0 11234
FIRSTSPARTAN FINL CORP COM COM 337931109 222 14600 SH SOLE 6700 7900
FLEETBOSTON FINANCIAL CORPORAT COM 339030108 899 24640 SH SOLE 0 24640
FLEMING COS INC COM 339130106 873 57954 SH SOLE 14044 43910
FOREST CITY ENTERPRISES CLASS COM 345550107 1569 53400 SH SOLE 2230 51170
FOREST CITY ENTERPRISES CLASS COM 345550107 397 13500 SH OTHER 0 13500
FOREST CITY ENTERPRISES CLASS COM 345550305 1897 55800 SH SOLE 12730 43070
FOREST CITY ENTERPRISES CLASS COM 345550305 204 6000 SH OTHER 0 6000
FORT DEARBORN INC SECS COM 347200107 281 21603 SH SOLE 0 21603
FOSTER WHEELER CORP COM 350244109 219 32485 SH SOLE 365 32120
FRESENIUS MEDICAL CARE PFD D PREFERRED STOCKS 358030203 1 11188 SH SOLE 0 11188
FRIEDMAN INDS INC COM 358435105 309 81025 SH SOLE 22538 58487
GENERAL ELEC CO COM 369604103 2117 13600 SH SOLE 0 13600
GENERAL ELEC CO COM 369604103 230 1480 SH OTHER 0 1480
GENESIS WORLDWIDE INC. COM 609150107 63 16800 SH SOLE 2000 14800
GETTY PETE MARKETING INC COM COM 374292100 223 98900 SH SOLE 0 98900
GLATFELTER P H CO COM COM 377316104 107 10080 SH SOLE 0 10080
GLEASON CORP COM 377339106 334 14500 SH SOLE 13500 1000
GLOBAL-TECH APPLIANCES INC ORD COM G39320109 63 11000 SH SOLE 0 11000
GORMAN RUPP CO COM 383082104 3223 204650 SH SOLE 66509 138141
GUNDLE/SLT ENVIRONMENTAL INCCO COM 402809107 2614 890000 SH SOLE 227300 662700
GUNDLE/SLT ENVIRONMENTAL INCCO COM 402809107 209 71000 SH OTHER 0 71000
H & Q LIFE SCIENCES INVS SH BE COM 404053100 336 11594 SH SOLE 4400 7194
HEALTHY PLANET PRODS INC COM COM 42221N104 70 58900 SH SOLE 12900 46000
HELLER FINL INC CL A COM 423328103 5288 229900 SH SOLE 56400 173500
HELMERICH & PAYNE INC COM 423452101 202 6500 SH SOLE 0 6500
HOLMEN AB-B SHS FOREIGN COMMON S 614052 505 17400 SH SOLE 5600 11800
HUGOTON RTY TR TEX UNIT BEN IN COM 444717102 1611 192400 SH SOLE 31000 161400
IEC ELECTRS CORP NEW COM COM 44949L105 1646 548700 SH SOLE 81500 467200
INTERNATIONAL CAP EQUIP LTD PA COM 459228201 0 10664 SH SOLE 1800 8864
KANSAS CITY SOUTHERN INDS COM 485170104 559 6500 SH SOLE 0 6500
KIMCO RLTY CORP COM COM 49446R109 2251 60022 SH SOLE 2000 58022
KNIGHTSBRIDGE TANKERS LTD SHS COM G5299G106 1845 103600 SH SOLE 28100 75500
LASALLE RE HLDGS LTD ORD COM G5383Q101 1406 101300 SH SOLE 19000 82300
LECHTERS CV 5% 9/27/01 CONVERTIBLE BOND XS0033749 308 425000 PRN SOLE 35000 390000
LECHTERS INC COM COM 523238103 1403 863300 SH SOLE 121000 742300
LIBERTY HOMES INC CL B COM 530582303 432 60600 SH SOLE 1800 58800
LIBERTY HOMES INC CL B COM 530582303 71 10000 SH OTHER 0 10000
LL & E RTY TR UT BEN INT COM 502003106 29 10000 SH SOLE 0 10000
LUBYS CAFETERIAS INC COM COM 549282101 1039 110100 SH SOLE 35700 74400
LUFKIN INDS INC COM COM 549764108 3115 214850 SH SOLE 59800 155050
LUFKIN INDS INC COM COM 549764108 218 15000 SH OTHER 0 15000
MADISON GAS & ELEC CO COM 557497104 1316 73643 SH SOLE 8750 64893
MAGAL SECURITY SYS LTD ORD COM M6786D104 130 40000 SH SOLE 0 40000
MERCHANTS GROUP INC COM COM 588539106 588 39500 SH SOLE 14800 24700
MERCK & CO INC COM 589331107 1586 25534 SH SOLE 6000 19534
MERIDIAN INS GROUP INC COM COM 589644103 1188 93165 SH SOLE 21533 71632
MGI PROPERTIES COM 552885105 566 109133 SH SOLE 26500 82633
MICROSOFT CORP COM COM 594918104 340 3200 SH SOLE 0 3200
MIIX GROUP INC COM COM 59862V104 1413 101400 SH SOLE 9600 91800
MTS SYS CORP COM COM 553777103 734 96200 SH SOLE 19800 76400
MUELLER PAUL CO COM 624752101 876 32437 SH SOLE 2700 29737
NASH FINCH CO COM COM 631158102 2027 249517 SH SOLE 89940 159577
NATURAL WONDERS INC COM COM 639014109 922 719823 SH SOLE 99206 620617
NOLAND COMPANY COM 655286102 165 11250 SH SOLE 0 11250
NUCOR CORP COM 670346105 5436 108715 SH SOLE 20643 88072
NUCOR CORP COM 670346105 925 18504 SH OTHER 0 18504
OCEANFIRST FINL CORP COM COM 675234108 2121 135200 SH SOLE 34000 101200
OCEANFIRST FINL CORP COM COM 675234108 265 16900 SH OTHER 0 16900
OHIO CASUALTY CORP COM 677240103 2390 133700 SH SOLE 42800 90900
OIL DRI CORP AMER COM COM 677864100 157 20800 SH SOLE 18000 2800
OILGEAR CO COM 678042102 203 23331 SH SOLE 11500 11831
OLD GUARD GROUP INC COM COM 679783100 643 67200 SH SOLE 11500 55700
OMI CORP COM COM Y6476W104 145 38000 SH SOLE 0 38000
OREGON TRAIL FINL CORP COM COM 685932105 620 70376 SH SOLE 37000 33376
OXFORD INDS INC COM COM 691497309 1537 84800 SH SOLE 28800 56000
PEPSICO INC COM 713448108 656 18800 SH SOLE 3600 15200
PHOENIX TECHNOLOGIES LTD COM 719153108 1565 74100 SH SOLE 8500 65600
PHOENIX TECHNOLOGIES LTD COM 719153108 623 29500 SH OTHER 0 29500
PULASKI BANCORP INC COM COM 745357103 253 33500 SH SOLE 12500 21000
PXRE GROUP LTD COM COM G73018106 3181 187117 SH SOLE 10117 177000
READ-RITE CORP COM COM 755246105 206 44010 SH SOLE 10797 33213
REGIONS FINL CORP COM COM 758940100 407 17855 SH SOLE 0 17855
RIDGEVIEW INC COM COM 765905104 200 127700 SH SOLE 8800 118900
RIDGEWOOD FINL INC COM COM 76623N106 249 42400 SH SOLE 9900 32500
ROCHE HLDGS BONS DE JOUISSANCE FOREIGN COMMON S XRH692931 618 57 SH SOLE 0 57
ROYCE GLOBAL TR INC COM MUTUAL FUNDS 78080N108 180 35251 SH SOLE 0 35251
ROYCE OTC MICRO-CAP FD INC COM COM 780915104 232 22393 SH SOLE 9801 12592
RUSS BERRIE & CO INC COM 782233100 4735 255929 SH SOLE 56879 199050
RUSS BERRIE & CO INC COM 782233100 348 18800 SH OTHER 0 18800
RUSS TOGS INC COM 782242200 0 10000 SH SOLE 10000 0
SAFECO CORP COM 786429100 229 8613 SH SOLE 2700 5913
SELECTIVE INS GROUP INC COM 816300107 262 15332 SH SOLE 4000 11332
SMUCKER J M CO CL B NON VTG COM 832696207 1106 77300 SH SOLE 7100 70200
SOUTHERN UN CO NEW COM COM 844030106 930 51504 SH SOLE 3860 47644
SPHERE DRAKE CONTIN RT WARRANT AND RIGH 007SPHERE 8 158700 SH SOLE 23500 135200
SPHERE DRAKE CONTIN RT WARRANT AND RIGH 007SPHERE 2 30000 SH OTHER 0 30000
SPRINGS INDS INC COM COM 851783100 3633 95600 SH SOLE 31100 64500
ST JOSEPH LT & PWR CO COM 790654107 484 23900 SH SOLE 3500 20400
STATE AUTO FINL CORP COM 855707105 1797 224600 SH SOLE 28600 196000
STATE AUTO FINL CORP COM 855707105 288 36000 SH OTHER 0 36000
STEPAN CHEMICAL CO COM 858586100 2702 124600 SH SOLE 23600 101000
STEPAN CHEMICAL CO COM 858586100 371 17100 SH OTHER 0 17100
STRIDE RITE CORP COM COM 863314100 4472 554700 SH SOLE 154400 400300
STRIDE RITE CORP COM COM 863314100 250 31000 SH OTHER 0 31000
SUNOCO INC COM COM 86764P109 1131 41304 SH SOLE 13483 27821
TEEKAY SHIPPING CORP COM COM Y8564W103 201 7300 SH SOLE 0 7300
TEEKAY SHIPPING CORP ORD COM V89564104 463 16800 SH SOLE 9800 7000
TEMPLETON EMERGING MKTS INCMCO MUTUAL FUNDS 880192109 1029 108350 SH SOLE 19100 89250
TOKIO MARINE & FIRE INS LTD AD FOREIGN COMMON S 889090403 687 13104 SH SOLE 0 13104
TOYS R US INC COM COM 892335100 2531 170900 SH SOLE 26800 144100
TRENWICK GROUP INC COM COM 895290104 2013 142504 SH SOLE 30489 112016
TRW INC COM 872649108 222 3800 SH OTHER 0 3800
U S CAP GROUP INC COM 911921104 0 19750 SH SOLE 0 19750
U S LIME & MINERALS INC COM COM 911922102 919 114930 SH SOLE 0 114930
UNUMPROVIDENT CORP COM 91529Y106 1651 97478 SH SOLE 13300 84178
UNUMPROVIDENT CORP COM 91529Y106 220 12994 SH OTHER 0 12994
URSTADT BIDDLE PPTYS INC CL A COM 917286205 2259 311550 SH SOLE 68760 242790
URSTADT BIDDLE PPTYS INC COM COM 917286106 2472 346950 SH SOLE 83260 263690
USA TRUCK INC COM COM 902925106 1152 158900 SH SOLE 12000 146900
UTD PARCEL SVC OF AMER COM 911308104 612 29509 SH SOLE 0 29509
VECTRON CORP COM COM 92240G101 1424 74461 SH SOLE 2059 54202
WEST PHARMACEUTICAL SVCS INCCO COM 955306105 303 11954 SH SOLE 5390 6564
WESTVACO CORP COM 961548104 4574 137050 SH SOLE 30100 106950
WESTVACO CORP COM 961548104 260 7800 SH OTHER 0 7800
LINE COUNT: 157
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