UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: 3/31/99
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: Amalgamated Bank of New York
ADDRESS: 11-15 Union Square
4th floor
New York, NY 10003
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: Theodore G. Brunner
TITLE: First Vice President
PHONE: (212)620-8843
SIGNATURE,PLACE,AND DATE OF SIGNING:
Theodore G. Brunner New York, NY 3/31/99
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: 497
FORM 13F INFORMATION TABLE VALUE TOTAL: $3,165,702,756
<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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
A M R CORP-DEL COMMON STOCK 001765106 3239 55300 SH SOLE 0 0 55300
A T & T CORPORATION COMMON STOCK 001957109 50795 636431 SH SOLE 0 0 636431
ABBOTT LABORATORIES COMMON STOCK 002824100 21946 468800 SH SOLE 0 0 468800
ABERCROMBIE & FITCH CO COMMON STOCK 002896207 323 3500 SH SOLE 0 0 3500
ADOBE SYS INC COMMON STOCK 00724F101 1135 20000 SH SOLE 0 0 20000
ADVANCED MICRO DEVICES INC COMMON STOCK 007903107 671 43300 SH SOLE 0 0 43300
AEROQUIP-VICKERS, INC. COMMON STOCK 007869100 476 8300 SH SOLE 0 0 8300
AES CORP COMMON STOCK 00130H105 2008 53900 SH SOLE 0 0 53900
AETNA INC NEW COMMON STOCK 008117103 3546 42728 SH SOLE 0 0 42728
AIR PRODUCTS & CHEMICAL INC. COMMON STOCK 009158106 2350 68600 SH SOLE 0 0 68600
AIRTOUCH COMMUNICATIONS COMMON STOCK 00949T100 16552 171300 SH SOLE 0 0 171300
ALBERTO CULVER CLB COMMON STOCK 013068101 386 16500 SH SOLE 0 0 16500
ALBERTSON INC COMMON STOCK 013104104 4192 77000 SH SOLE 0 0 77000
ALCOA INC COMMON STOCK 013817101 4524 109840 SH SOLE 0 0 109840
ALLEGHENY TELEDYNE INC COMMON STOCK 017415100 1110 58610 SH SOLE 0 0 58610
ALLERGAN INC COMMON STOCK 018490102 1758 20000 SH SOLE 0 0 20000
ALLSTATE CORP COMMON STOCK 020002101 9631 259850 SH SOLE 0 0 259850
ALLTEL CORP COMMON STOCK 020039103 5133 82300 SH SOLE 0 0 82300
ALZA CORP COMMON STOCK 022615108 1144 29900 SH SOLE 0 0 29900
AMBAC INC COMMON STOCK 023139108 313 5800 SH SOLE 0 0 5800
AMERADA HESS CORP. COMMON STOCK 023551104 1562 30700 SH SOLE 0 0 30700
AMEREN CORP COMMON STOCK 023608102 1491 41200 SH SOLE 0 0 41200
AMERICA ONLINE INC DEL COMMON STOCK 02364J104 45864 312000 SH SOLE 0 0 312000
AMERICAN ELECTRIC POWER COMMON STOCK 025537101 2413 60800 SH SOLE 0 0 60800
AMERICAN EXPRESS CO. COMMON STOCK 025816109 16497 140100 SH SOLE 0 0 140100
AMERICAN GENERAL CORPORATION COMMON STOCK 026351106 5561 78874 SH SOLE 0 0 78874
AMERICAN GREETING CORP COMMON STOCK 026375105 528 20800 SH SOLE 0 0 20800
AMERICAN HOME PRODUCTS CORP. COMMON STOCK 026609107 25793 395300 SH SOLE 0 0 395300
AMERICAN INTERNATIONAL GROUP, COMMON STOCK 026874107 46248 383407 SH SOLE 0 0 383407
AMERICAN STORES CO COMMON STOCK 030096101 2713 82200 SH SOLE 0 0 82200
AMERITECH CORP NEW COMMON STOCK 030954101 19673 341400 SH SOLE 0 0 341400
AMGEN INC COMMON STOCK 031162100 11898 158900 SH SOLE 0 0 158900
AMP INCORPORATED COMMON STOCK 031897101 3500 65428 SH SOLE 0 0 65428
AMSOUTH BANCORPORATION COMMON STOCK 032165102 1611 35400 SH SOLE 0 0 35400
ANADARKO PETE CORP. COMMON STOCK 032511107 1355 35900 SH SOLE 0 0 35900
ANDREW CORP COMMON STOCK 034425108 305 24755 SH SOLE 0 0 24755
ANHEUSER-BUSCH COS. INC. COMMON STOCK 035229103 10886 143000 SH SOLE 0 0 143000
AON CORP COMMON STOCK 037389103 3261 51550 SH SOLE 0 0 51550
APACHE CORP COMMON STOCK 037411105 761 29200 SH SOLE 0 0 29200
APPLE COMPUTER, INC COMMON STOCK 037833100 1459 40600 SH SOLE 0 0 40600
ARCHER DANIELS MIDLAND CO COMMON STOCK 039483102 2746 186936 SH SOLE 0 0 186936
ARMSTRONG WORLD COMMON STOCK 042476101 624 13800 SH SOLE 0 0 13800
ASARCO INC COMMON STOCK 043413103 162 11700 SH SOLE 0 0 11700
ASCEND COMMUNICATIONS INC COMMON STOCK 043491109 5431 64900 SH SOLE 0 0 64900
ASHLAND INC. COMMON STOCK 044204105 937 22900 SH SOLE 0 0 22900
ASSOCIATES FIRST CAPITAL CORP COMMON STOCK 046008108 10044 223192 SH SOLE 0 0 223192
ATLANTIC RICHFIELD CO. COMMON STOCK 048825103 7086 96900 SH SOLE 0 0 96900
AUTODESK INC COMMON STOCK 052769106 716 17700 SH SOLE 0 0 17700
AUTOMATIC DATA PROCESSING INC. COMMON STOCK 053015103 7537 182160 SH SOLE 0 0 182160
AUTOZONE INC COMMON STOCK 053332102 1361 44800 SH SOLE 0 0 44800
AVERY DENNISON CORP COMMON STOCK 053611109 1995 34700 SH SOLE 0 0 34700
AVON PRODUCTS, INC. COMMON STOCK 054303102 3694 78500 SH SOLE 0 0 78500
B B & T CORPORATION COMMON STOCK 054937107 3365 93000 SH SOLE 0 0 93000
BAKER HUGHES INC. COMMON STOCK 057224107 2378 97790 SH SOLE 0 0 97790
BALL CORP COMMON STOCK 058498106 432 9200 SH SOLE 0 0 9200
BALTIMORE GAS & ELECTRIC COMMON STOCK 059165100 1477 58200 SH SOLE 0 0 58200
BANK OF NEW YORK CO INC COMMON STOCK 064057102 8179 227600 SH SOLE 0 0 227600
BANK ONE COMMON STOCK 06423A103 20100 365044 SH SOLE 0 0 365044
BANKAMERICA CORP COMMON STOCK 06605F102 36871 522061 SH SOLE 0 0 522061
BANKBOSTON CORP COMMON STOCK 06605R106 3842 88700 SH SOLE 0 0 88700
BANKERS TRUST NEW YORK COMMON STOCK 066365107 2515 28500 SH SOLE 0 0 28500
BARD (C.R.) INC COMMON STOCK 067383109 807 16000 SH SOLE 0 0 16000
BATTLE MTN GOLD CO. COMMON STOCK 071593107 189 68700 SH SOLE 0 0 68700
BAUSCH & LOMB INC. COMMON STOCK 071707103 1092 16800 SH SOLE 0 0 16800
BAXTER INTL COMMON STOCK 071813109 5650 85600 SH SOLE 0 0 85600
BEAR STEARNS CO COMMON STOCK 073902108 1712 38305 SH SOLE 0 0 38305
BECTON DICKINSON & CO COMMON STOCK 075887109 2854 74500 SH SOLE 0 0 74500
BELL ATLANTIC CORP COMMON STOCK 077853109 24840 480578 SH SOLE 0 0 480578
BELLSOUTH CORP COMMON STOCK 079860102 24206 604200 SH SOLE 0 0 604200
BEMIS INC COMMON STOCK 081437105 485 15600 SH SOLE 0 0 15600
BERGEN BRUNSWIG COMMON STOCK 083739102 238 11900 SH SOLE 0 0 11900
BESTFOODS COMMON STOCK 08658U101 4357 92700 SH SOLE 0 0 92700
BETHLEHEM STEEL CORP. COMMON STOCK 087509105 320 38800 SH SOLE 0 0 38800
BIOMET COMMON STOCK 090613100 1430 34100 SH SOLE 0 0 34100
BLACK & DECKER CORP COMMON STOCK 091797100 1458 26300 SH SOLE 0 0 26300
BLOCK H.R. INC COMMON STOCK 093671105 1379 29100 SH SOLE 0 0 29100
BOEING CO. COMMON STOCK 097023105 9543 280674 SH SOLE 0 0 280674
BOISE CASCADE CORP. COMMON STOCK 097383103 542 16800 SH SOLE 0 0 16800
BOSTON SCIENTIFIC CORP COMMON STOCK 101137107 4778 117600 SH SOLE 0 0 117600
BRIGGS & STRATTON COMMON STOCK 109043109 342 6940 SH SOLE 0 0 6940
BRISTOL MYERS SQUIBB CO COMMON STOCK 110122108 38696 603440 SH SOLE 0 0 603440
BROWN-FORMAN, INC. CLB COMMON STOCK 115637209 1181 20500 SH SOLE 0 0 20500
BROWNING FERRIS INDS INC COMMON STOCK 115885105 1824 47305 SH SOLE 0 0 47305
BRUNSWICK CORP COMMON STOCK 117043109 522 27400 SH SOLE 0 0 27400
BURLINGTON NORTHN SANTA FE COR COMMON STOCK 12189T104 4720 143585 SH SOLE 0 0 143585
BURLINGTON RES COMMON STOCK 122014103 2278 57035 SH SOLE 0 0 57035
C S X CORP. COMMON STOCK 126408103 2578 66200 SH SOLE 0 0 66200
CAMPBELL SOUP CO. COMMON STOCK 134429109 5413 133046 SH SOLE 0 0 133046
CAPITAL ONE FINL CORP COMMON STOCK 14040H105 3005 19900 SH SOLE 0 0 19900
CARDINAL HEALTH INC COMMON STOCK 14149Y108 5372 81400 SH SOLE 0 0 81400
CARNIVAL CORPORATION COMMON STOCK 143658102 8945 184200 SH SOLE 0 0 184200
CAROLINA POWER & LIGHT CO. COMMON STOCK 144141108 1713 45300 SH SOLE 0 0 45300
CARPENTER TECHNOLOGY CORP COMMON STOCK 144285103 244 9400 SH SOLE 0 0 9400
CASE CORPORATION COMMON STOCK 14743R103 556 21900 SH SOLE 0 0 21900
CATERPILLAR TRACTOR CO. COMMON STOCK 149123101 5315 115700 SH SOLE 0 0 115700
CBS CORP COMMON STOCK 12490K107 8607 210900 SH SOLE 0 0 210900
CENDANT CORP COMMON STOCK 151313103 4069 255309 SH SOLE 0 0 255309
CENTEX CORP. COMMON STOCK 152312104 591 17700 SH SOLE 0 0 17700
CENTRAL & SOUTH WEST CORP. COMMON STOCK 152357109 1488 63500 SH SOLE 0 0 63500
CERIDIAN CORP COMMON STOCK 15677T106 1565 42800 SH SOLE 0 0 42800
CHAMPION INTERNATIONAL CORP. COMMON STOCK 158525105 1170 28500 SH SOLE 0 0 28500
CHASE MANHATTAN CORP COMMON STOCK 16161A108 21202 260544 SH SOLE 0 0 260544
CHEVRON CORP COMMON STOCK 166751107 17333 195300 SH SOLE 0 0 195300
CHUBB CORP COMMON STOCK 171232101 2858 48800 SH SOLE 0 0 48800
CIGNA CORPORATION COMMON STOCK 125509109 5263 62800 SH SOLE 0 0 62800
CINCINNATI FINL CORP COMMON STOCK 172062101 1818 49900 SH SOLE 0 0 49900
CINERGY CORP. COMMON STOCK 172474108 1304 47405 SH SOLE 0 0 47405
CIRCUIT CITY STORES COMMON STOCK 172737108 2743 35800 SH SOLE 0 0 35800
CISCO SYS INC COMMON STOCK 17275R102 53225 485800 SH SOLE 0 0 485800
CITIGROUP INC COMMON STOCK 172967101 44160 691357 SH SOLE 0 0 691357
CLEAR CHANNEL COMMUNICATIONS I COMMON STOCK 184502102 5291 78900 SH SOLE 0 0 78900
CLOROX COMPANY COMMON STOCK 189054109 4348 37100 SH SOLE 0 0 37100
COASTAL CORPORATION COMMON STOCK 190441105 2475 75000 SH SOLE 0 0 75000
COCA-COLA COMPANY COMMON STOCK 191216100 45809 746380 SH SOLE 0 0 746380
COCA-COLA ENTERPRISES COMMON STOCK 191219104 3651 120700 SH SOLE 0 0 120700
COLGATE PALMOLIVE CO. COMMON STOCK 194162103 8133 88400 SH SOLE 0 0 88400
COLUMBIA GAS SYSTEMS INC COMMON STOCK 197648108 1306 25000 SH SOLE 0 0 25000
COLUMBIA/HCA HEALTH CARE CORP COMMON STOCK 197677107 3658 193158 SH SOLE 0 0 193158
COMCAST CORP COMMON STOCK 200300200 6964 110650 SH SOLE 0 0 110650
COMERICA INC COMMON STOCK 200340107 2966 47500 SH SOLE 0 0 47500
COMPAQ COMPUTER COMMON STOCK 204493100 16003 505039 SH SOLE 0 0 505039
COMPUTER ASSOCIATES COMMON STOCK 204912109 5735 161262 SH SOLE 0 0 161262
COMPUTER SCIENCES COMMON STOCK 205363104 2627 47600 SH SOLE 0 0 47600
COMPUWARE CORP COMMON STOCK 205638109 2624 109900 SH SOLE 0 0 109900
CONAGRA INC. COMMON STOCK 205887102 3985 155500 SH SOLE 0 0 155500
CONS NATURAL GAS CO. COMMON STOCK 209615103 1548 31800 SH SOLE 0 0 31800
CONSECO INC COMMON STOCK 208464107 2927 94802 SH SOLE 0 0 94802
CONSOL. EDISON INC. COMMON STOCK 209115104 3281 72400 SH SOLE 0 0 72400
COOPER INDS. INC. COMMON STOCK 216669101 1317 30900 SH SOLE 0 0 30900
COOPER TIRE & RUBBER COMMON STOCK 216831107 480 26100 SH SOLE 0 0 26100
COORS ADOLPH CO COMMON STOCK 217016104 589 10900 SH SOLE 0 0 10900
CORNING INC COMMON STOCK 219350105 4170 69500 SH SOLE 0 0 69500
COSTCO COMPANIES COMMON STOCK 22160Q102 5992 65447 SH SOLE 0 0 65447
COUNTRYWIDE CR INDS INC COMMON STOCK 222372104 1635 43600 SH SOLE 0 0 43600
CRANE CO COMMON STOCK 224399105 548 22675 SH SOLE 0 0 22675
CROWN CORK AND SEAL COMMON STOCK 228255105 1043 36500 SH SOLE 0 0 36500
CUMMINS ENGINE INC. COMMON STOCK 231021106 445 12500 SH SOLE 0 0 12500
CVS CORPORATION COMMON STOCK 126650100 5543 116700 SH SOLE 0 0 116700
CYPRUS AMAX MINERALS CO. COMMON STOCK 232809103 329 27100 SH SOLE 0 0 27100
D T E ENERGY CO COMMON STOCK 233331107 1699 44200 SH SOLE 0 0 44200
DAIMLERCHRYSLER AG COMMON STOCK D1668R123 266 3103 SH SOLE 0 0 3103
DANA CORP COMMON STOCK 235811106 1886 49625 SH SOLE 0 0 49625
DANAHER CORP COMMON STOCK 235851102 2090 40000 SH SOLE 0 0 40000
DARDEN RESTAURANTS INC COMMON STOCK 237194105 850 41200 SH SOLE 0 0 41200
DATA GENERAL CORP. COMMON STOCK 237688106 150 14800 SH SOLE 0 0 14800
DAYTON HUDSON CORP COMMON STOCK 239753106 8934 134100 SH SOLE 0 0 134100
DEERE & CO COMMON STOCK 244199105 2966 76800 SH SOLE 0 0 76800
DELL COMPUTER CORP COMMON STOCK 247025109 31372 767500 SH SOLE 0 0 767500
DELTA AIR LINES, INC. COMMON STOCK 247361108 2961 42600 SH SOLE 0 0 42600
DELUXE CHECK PRINTER COMMON STOCK 248019101 699 24000 SH SOLE 0 0 24000
DILLARDS INC. COMMON STOCK 254067101 809 31900 SH SOLE 0 0 31900
DISNEY (WALT) PRODUCTIONS COMMON STOCK 254687106 19503 626616 SH SOLE 0 0 626616
DOLLAR GEN CORP COMMON STOCK 256669102 1800 52950 SH SOLE 0 0 52950
DOMINION RES INC., VA. COMMON STOCK 257470104 2246 60800 SH SOLE 0 0 60800
DONNELLEY (R.R.) & SONS COMMON STOCK 257867101 1294 40200 SH SOLE 0 0 40200
DOVER CORP COMMON STOCK 260003108 2193 66700 SH SOLE 0 0 66700
DOW CHEMICAL CO. COMMON STOCK 260543103 6225 66800 SH SOLE 0 0 66800
DOW JONES & CO COMMON STOCK 260561105 1321 28000 SH SOLE 0 0 28000
DU PONT (E.I.) DE NEMOURS & CO COMMON STOCK 263534109 19906 342840 SH SOLE 0 0 342840
DUKE POWER CO. COMMON STOCK 264399106 5938 108336 SH SOLE 0 0 108336
E G & G INC COMMON STOCK 268457108 351 13300 SH SOLE 0 0 13300
E M C CORP MASS COMMON STOCK 268648102 20095 157300 SH SOLE 0 0 157300
EASTERN ENTERPRISES COMMON STOCK 27637F100 244 6700 SH SOLE 0 0 6700
EASTMAN CHEM CO COMMON STOCK 277432100 997 23700 SH SOLE 0 0 23700
EASTMAN KODAK CO. COMMON STOCK 277461109 6381 99900 SH SOLE 0 0 99900
EATON CORP COMMON STOCK 278058102 1523 21300 SH SOLE 0 0 21300
ECOLAB INC COMMON STOCK 278865100 1370 38600 SH SOLE 0 0 38600
EDISON INTERNATIONAL COMMON STOCK 281020107 2476 111300 SH SOLE 0 0 111300
ELETRONIC DATA SYSTEMS CORP COMMON STOCK 285661104 7181 147500 SH SOLE 0 0 147500
EMERSON ELECTRIC CO. COMMON STOCK 291011104 6930 130900 SH SOLE 0 0 130900
ENGELHARD CORP COMMON STOCK 292845104 724 42737 SH SOLE 0 0 42737
ENRON CORP COMMON STOCK 293561106 6579 102400 SH SOLE 0 0 102400
ENTERGY CORP (NEW) COMMON STOCK 29364G103 2401 87300 SH SOLE 0 0 87300
EQUIFAX INC COMMON STOCK 294429105 1516 44100 SH SOLE 0 0 44100
EXXON CORP. COMMON STOCK 302290101 51998 736900 SH SOLE 0 0 736900
F M C CORP COMMON STOCK 302491303 484 9800 SH SOLE 0 0 9800
F.P.L. GROUP INC. COMMON STOCK 302571104 3009 56500 SH SOLE 0 0 56500
FDX CORP COMMON STOCK 31304N107 4144 44560 SH SOLE 0 0 44560
FED HM LN MTG CORP COMMON STOCK 313400301 12122 211500 SH SOLE 0 0 211500
FEDERAL NATL MTGE ASSN. COMMON STOCK 313586109 22146 319800 SH SOLE 0 0 319800
FEDERATED DEPT STORES INC NEW COMMON STOCK 31410H101 2508 62500 SH SOLE 0 0 62500
FIFTH THIRD BANCORP COMMON STOCK 316773100 5249 79600 SH SOLE 0 0 79600
FIRST DATA CORP COMMON STOCK 319963104 5664 132500 SH SOLE 0 0 132500
FIRST UNION CORP COMMON STOCK 337358105 15847 296550 SH SOLE 0 0 296550
FIRSTAR CORP WISC. COMMON STOCK 33763V109 6363 71100 SH SOLE 0 0 71100
FIRSTENERGY CORP COMMON STOCK 337932107 1985 70900 SH SOLE 0 0 70900
FLEET FINANCIAL GROUP, INC. COMMON STOCK 338915101 6845 181924 SH SOLE 0 0 181924
FLEETWOOD ENTERPRISES COMMON STOCK 339099103 298 10400 SH SOLE 0 0 10400
FLUOR CORP. COMMON STOCK 343861100 608 22500 SH SOLE 0 0 22500
FORD MOTOR CO. COMMON STOCK 345370100 21315 376000 SH SOLE 0 0 376000
FORT JAMES CORP COMMON STOCK 347471104 2101 66300 SH SOLE 0 0 66300
FORTUNE BRANDS COMMON STOCK 349631101 2414 62700 SH SOLE 0 0 62700
FOSTER WHEELER CORP. COMMON STOCK 350244109 146 12000 SH SOLE 0 0 12000
FRANKLIN RESOURCES COMMON STOCK 354613101 2123 75500 SH SOLE 0 0 75500
FREEPORT-MCMORAN COPPER & GOCL COMMON STOCK 35671D857 538 49500 SH SOLE 0 0 49500
FRONTIER CORP COMMON STOCK 35906P105 2666 51400 SH SOLE 0 0 51400
FRUIT OF THE LOOM CL A COMMON STOCK G3682L105 286 26600 SH SOLE 0 0 26600
G T E CORP COMMON STOCK 362320103 18162 300200 SH SOLE 0 0 300200
GANNETT CO., INC. COMMON STOCK 364730101 5550 88100 SH SOLE 0 0 88100
GAP INC COMMON STOCK 364760108 12069 179300 SH SOLE 0 0 179300
GATEWAY 2000 INC COMMON STOCK 367833100 3202 46700 SH SOLE 0 0 46700
GENERAL DYNAMICS CORP. COMMON STOCK 369550108 2435 37900 SH SOLE 0 0 37900
GENERAL ELECTRIC CO. COMMON STOCK 369604103 111784 1010480 SH SOLE 0 0 1010480
GENERAL INSTRUMENT CORP COMMON STOCK 370120107 1516 50000 SH SOLE 0 0 50000
GENERAL MILLS COMMON STOCK 370334104 3468 45900 SH SOLE 0 0 45900
GENERAL MOTORS CORP. COMMON STOCK 370442105 17052 196000 SH SOLE 0 0 196000
GENUINE PARTS CO. COMMON STOCK 372460105 1550 53800 SH SOLE 0 0 53800
GEORGIA-PACIFIC CORP. COMMON STOCK 373298108 1953 26300 SH SOLE 0 0 26300
GILLETTE CO. COMMON STOCK 375766102 19733 332000 SH SOLE 0 0 332000
GOLDEN WEST FINANCIAL COMMON STOCK 381317106 1910 20000 SH SOLE 0 0 20000
GOODRICH B.F. COMMON STOCK 382388106 762 22200 SH SOLE 0 0 22200
GOODYEAR TIRE & RUBBER CO. COMMON STOCK 382550101 2321 46600 SH SOLE 0 0 46600
GPU INC COMMON STOCK 36225X100 1425 38200 SH SOLE 0 0 38200
GRACE W R & CO DEL NEW COMMON STOCK 38388F108 266 21900 SH SOLE 0 0 21900
GRAINGER W.W. COMMON STOCK 384802104 1223 28400 SH SOLE 0 0 28400
GREAT ATLANTIC PACIFIC TEA COMMON STOCK 390064103 339 11300 SH SOLE 0 0 11300
GREAT LAKES CHEM COMMON STOCK 390568103 650 17700 SH SOLE 0 0 17700
GUIDANT CORP COMMON STOCK 401698105 5862 96900 SH SOLE 0 0 96900
H J HEINZ CO COMMON STOCK 423074103 5131 108300 SH SOLE 0 0 108300
HALLIBURTON CO. COMMON STOCK 406216101 5063 131500 SH SOLE 0 0 131500
HARCOURT GENERAL INC COMMON STOCK 41163G101 939 21200 SH SOLE 0 0 21200
HARNISCHFEGER IND INC COMMON STOCK 413345109 80 14011 SH SOLE 0 0 14011
HARRAHS ENTMT INC COMMON STOCK 413619107 719 37700 SH SOLE 0 0 37700
HARRIS CORP COMMON STOCK 413875105 673 23500 SH SOLE 0 0 23500
HARTFORD FINANCIAL SERVICE GOU COMMON STOCK 416515104 3983 70100 SH SOLE 0 0 70100
HASBRO BRADLEY INC COMMON STOCK 418056107 1697 58650 SH SOLE 0 0 58650
HAWIIAN ELECTRIC INDS COMMON STOCK 419870100 242 6900 SH SOLE 0 0 6900
HCR MANOR CARE INC COMMON STOCK 404134108 755 33100 SH SOLE 0 0 33100
HEALTHSOUTH CORP. COMMON STOCK 421924101 1312 126500 SH SOLE 0 0 126500
HELMERICH & PAYNE COMMON STOCK 423452101 334 14700 SH SOLE 0 0 14700
HERCULES, INC. COMMON STOCK 427056106 758 30000 SH SOLE 0 0 30000
HERSHEY FOODS CORP. COMMON STOCK 427866108 2573 45900 SH SOLE 0 0 45900
HEWLETT-PACKARD CO. COMMON STOCK 428236103 21056 310500 SH SOLE 0 0 310500
HILTON HOTELS CORP COMMON STOCK 432848109 1097 78000 SH SOLE 0 0 78000
HOME DEPOT INC COMMON STOCK 437076102 28243 453700 SH SOLE 0 0 453700
HOMESTAKE MINING COMMON STOCK 437614100 617 71500 SH SOLE 0 0 71500
HONEYWELL, INC. COMMON STOCK 438506107 2851 37600 SH SOLE 0 0 37600
HOUSEHOLD INTERNATIONAL CORP. COMMON STOCK 441815107 6591 144458 SH SOLE 0 0 144458
HUMANA INC. COMMON STOCK 444859102 863 50000 SH SOLE 0 0 50000
HUNTINGTON BASHARES COMMON STOCK 446150104 2317 74890 SH SOLE 0 0 74890
I T T INDUSTRIES INC COMMON STOCK 450911102 1097 31000 SH SOLE 0 0 31000
IKON OFFICE SOLUTIONS COMMON STOCK 451713101 565 44100 SH SOLE 0 0 44100
ILLINOIS TOOL WORKS COMMON STOCK 452308109 4690 75800 SH SOLE 0 0 75800
IMS HEALTH INC COMMON STOCK 449934108 3160 95400 SH SOLE 0 0 95400
INGERSOLL RAND CO. COMMON STOCK 456866102 2439 49150 SH SOLE 0 0 49150
INTEL CORP COMMON STOCK 458140100 61363 516200 SH SOLE 0 0 516200
INTERN'L BUSINESS MACHINES COR COMMON STOCK 459200101 50428 284500 SH SOLE 0 0 284500
INTERN'L FLAVORS & FRAGRANCES COMMON STOCK 459506101 1247 33200 SH SOLE 0 0 33200
INTERN'L PAPER CO. COMMON STOCK 460146103 3881 92000 SH SOLE 0 0 92000
INTERPUBLIC GROUP COMMON STOCK 460690100 3243 41650 SH SOLE 0 0 41650
INTUIT INC COMMON STOCK 461202103 234 2300 SH SOLE 0 0 2300
JEFFERSON PILOT COMMON STOCK 475070108 2149 31725 SH SOLE 0 0 31725
JOHNSON & JOHNSON COMMON STOCK 478160104 38182 408360 SH SOLE 0 0 408360
JOHNSON CONTROLS, INC. COMMON STOCK 478366107 1578 25300 SH SOLE 0 0 25300
JOSTENS INC COMMON STOCK 481088102 222 10443 SH SOLE 0 0 10443
K MART CORP. COMMON STOCK 482584109 2591 154100 SH SOLE 0 0 154100
K N ENERGY INC COMMON STOCK 482620101 325 16300 SH SOLE 0 0 16300
KAUFMAN & BROAD HOME CORP COMMON STOCK 486168107 320 14200 SH SOLE 0 0 14200
KELLOGG CO. COMMON STOCK 487836108 4101 121300 SH SOLE 0 0 121300
KERR MC GEE COMMON STOCK 492386107 843 25697 SH SOLE 0 0 25697
KEYCORP NEW COMMON STOCK 493267108 4544 149900 SH SOLE 0 0 149900
KIMBERLY-CLARK CORP. COMMON STOCK 494368103 7770 162084 SH SOLE 0 0 162084
KING WORLD COMMON STOCK 495667107 654 21400 SH SOLE 0 0 21400
KLA INSTRS CORP COMMON STOCK 482480100 1476 30400 SH SOLE 0 0 30400
KNIGHT-RIDDER INC COMMON STOCK 499040103 1175 23500 SH SOLE 0 0 23500
KOHLS CORP COMMON STOCK 500255104 3515 49600 SH SOLE 0 0 49600
KROGGER CO COMMON STOCK 501044101 4592 76700 SH SOLE 0 0 76700
L S I LOGIC CORP COMMON STOCK 502161102 1316 42200 SH SOLE 0 0 42200
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LIZ CLAIBORNE COMMON STOCK 539320101 630 19300 SH SOLE 0 0 19300
LOCKHEED MARTIN CORP COMMON STOCK 539830109 4434 117460 SH SOLE 0 0 117460
LOEWS CORP COMMON STOCK 540424108 2537 34000 SH SOLE 0 0 34000
LONGS DRUG STR CORP COMMON STOCK 543162101 350 11500 SH SOLE 0 0 11500
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MATTEL INC COMMON STOCK 577081102 2144 85993 SH SOLE 0 0 85993
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MEDTRONIC, INC. COMMON STOCK 585055106 12571 174900 SH SOLE 0 0 174900
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MICRO SOFT CORP COMMON STOCK 594918104 138091 1540760 SH SOLE 0 0 1540760
MICRON TECHNOLOGY COMMON STOCK 595112103 3860 80100 SH SOLE 0 0 80100
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NALCO CHEMICAL CO. COMMON STOCK 629853102 518 19500 SH SOLE 0 0 19500
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NATIONAL SEMICONDUCTOR COMMON STOCK 637640103 465 49900 SH SOLE 0 0 49900
NATIONAL SERVICE IND INC COMMON STOCK 637657107 419 12300 SH SOLE 0 0 12300
NAVISTAR INTL NEW COMMON STOCK 63934E108 793 19730 SH SOLE 0 0 19730
NEW CENTY ENERGIES INC COMMON STOCK 64352U103 1165 34200 SH SOLE 0 0 34200
NEW YORK TIMES CO COMMON STOCK 650111107 1553 54500 SH SOLE 0 0 54500
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NICOR INC COMMON STOCK 654086107 507 14100 SH SOLE 0 0 14100
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NORTHERN TRUST CORP COMMON STOCK 665859104 2966 33400 SH SOLE 0 0 33400
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OMNICOM GROUP COMMON STOCK 681919106 4125 51600 SH SOLE 0 0 51600
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ORACLE CORPORATION COMMON STOCK 68389X105 11697 443488 SH SOLE 0 0 443488
OWENS CORNING COMMON STOCK 69073F103 515 16200 SH SOLE 0 0 16200
OWENS ILL INC COMMON STOCK 690768403 1263 50500 SH SOLE 0 0 50500
P N C BANK CORP COMMON STOCK 693475105 5178 93200 SH SOLE 0 0 93200
P P & L RESOURCES INC COMMON STOCK 693499105 1120 45244 SH SOLE 0 0 45244
P P G INDUSTRIES, INC. COMMON STOCK 693506107 2829 55200 SH SOLE 0 0 55200
PACCAR INC COMMON STOCK 693718108 1031 25040 SH SOLE 0 0 25040
PACIFICORP COMMON STOCK 695114108 1635 94800 SH SOLE 0 0 94800
PALL CORP COMMON STOCK 696429307 616 37200 SH SOLE 0 0 37200
PARAMETRIC TECHNOLOGY CORP COMMON STOCK 699173100 1578 79900 SH SOLE 0 0 79900
PARKER HANNIFIN CORP. COMMON STOCK 701094104 1107 32325 SH SOLE 0 0 32325
PAYCHEX INC COMMON STOCK 704326107 2680 56500 SH SOLE 0 0 56500
PECO ENERGY CO. COMMON STOCK 693304107 3103 67100 SH SOLE 0 0 67100
PENNEY (J.C.) CO., INC. COMMON STOCK 708160106 3143 77600 SH SOLE 0 0 77600
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PEOPLESOFT INC COMMON STOCK 712713106 1019 69700 SH SOLE 0 0 69700
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PEPSICO, INC. COMMON STOCK 713448108 17213 439240 SH SOLE 0 0 439240
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PFIZER, INC. COMMON STOCK 717081103 55195 397800 SH SOLE 0 0 397800
PG & E CORP. COMMON STOCK 69331C108 3712 119500 SH SOLE 0 0 119500
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PHILLIPS PETE COMMON STOCK 718507106 3600 76200 SH SOLE 0 0 76200
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PITNEY BOWES INC. COMMON STOCK 724479100 5196 81500 SH SOLE 0 0 81500
POLAROID CORP. COMMON STOCK 731095105 264 13100 SH SOLE 0 0 13100
POTLATCH CORP COMMON STOCK 737628107 292 8600 SH SOLE 0 0 8600
PRAXAIR INC COMMON STOCK 74005P104 1702 47200 SH SOLE 0 0 47200
PROCTER & GAMBLE CO. COMMON STOCK 742718109 40231 410780 SH SOLE 0 0 410780
PROGRESSIVE CORP COMMON STOCK 743315103 3143 21900 SH SOLE 0 0 21900
PROVIDENT COMPANIES INC COMMON STOCK 743862104 1396 40400 SH SOLE 0 0 40400
PROVIDIAN FINL CORP COMMON STOCK 74406A102 5143 46750 SH SOLE 0 0 46750
PUBLIC SERVICE ENTERPRISE GROU COMMON STOCK 744573106 2608 68300 SH SOLE 0 0 68300
PUBLIC SVC CO N MEX COMMON STOCK 744499104 206 12100 SH SOLE 0 0 12100
PULTE CORP COMMON STOCK 745867101 285 13700 SH SOLE 0 0 13700
QUAKER OATS CO COMMON STOCK 747402105 2695 43300 SH SOLE 0 0 43300
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RAYCHEM CORP COMMON STOCK 754603108 521 23100 SH SOLE 0 0 23100
RAYTHEON CO.CLASS B COMMON STOCK 755111408 6161 105100 SH SOLE 0 0 105100
REEBOK INT'L COMMON STOCK 758110100 267 16800 SH SOLE 0 0 16800
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RITE-AID CORP COMMON STOCK 767754104 1935 77400 SH SOLE 0 0 77400
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ROCKWELL INTL CORP NEW COMMON STOCK 773903109 2406 56700 SH SOLE 0 0 56700
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RUSSELL CORP COMMON STOCK 782352108 215 10700 SH SOLE 0 0 10700
RYDER SYSTEM INC. COMMON STOCK 783549108 591 21400 SH SOLE 0 0 21400
S B C COMMINICATIONS INC COMMON STOCK 78387G103 27776 588622 SH SOLE 0 0 588622
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SAFEWAY INC COMMON STOCK 786514208 7656 149200 SH SOLE 0 0 149200
SAINT JUDE MEDICAL INC COMMON STOCK 790849103 612 25122 SH SOLE 0 0 25122
SAINT PAUL COMPANIES COMMON STOCK 792860108 2188 70446 SH SOLE 0 0 70446
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SCHERING-PLOUGH CORP. COMMON STOCK 806605101 25172 455600 SH SOLE 0 0 455600
SCIENTIFIC ATLANTA INC COMMON STOCK 808655104 613 22500 SH SOLE 0 0 22500
SEAGATE TECHNOLOGY COMMON STOCK 811804103 2483 84000 SH SOLE 0 0 84000
SEALED AIR CORP NEW COMMON STOCK 81211K100 1222 24837 SH SOLE 0 0 24837
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SIGMA ALDRICH CORP COMMON STOCK 826552101 878 30000 SH SOLE 0 0 30000
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SOLECTRON CORP COMMON STOCK 834182107 3453 71100 SH SOLE 0 0 71100
SONAT, INC. COMMON STOCK 835415100 984 32800 SH SOLE 0 0 32800
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SOUTHTRUST CORP COMMON STOCK 844730101 1843 49400 SH SOLE 0 0 49400
SOUTHWEST AIRLINES COMMON STOCK 844741108 3042 100550 SH SOLE 0 0 100550
SPRINGS INDUSTRIES COMMON STOCK 851783100 219 8100 SH SOLE 0 0 8100
SPRINT CORP COMMON STOCK 852061506 5829 131550 SH SOLE 0 0 131550
SPRINT CORPORATION COMMON STOCK 852061100 12962 132100 SH SOLE 0 0 132100
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STAPLES INC COMMON STOCK 855030102 4995 151950 SH SOLE 0 0 151950
STATE STR CORP COMMON STOCK 857477103 3948 48000 SH SOLE 0 0 48000
SUMMIT BANCORP COMMON STOCK 866005101 2024 51900 SH SOLE 0 0 51900
SUN MICROSYSTEMS COMMON STOCK 866810104 15070 120500 SH SOLE 0 0 120500
SUN TRUST BANKS COMMON STOCK 867914103 5964 95800 SH SOLE 0 0 95800
SUNOCO INC. COMMON STOCK 86764P109 1006 27900 SH SOLE 0 0 27900
SUPERVALU INC COMMON STOCK 868536103 738 35800 SH SOLE 0 0 35800
SYNOVUS FINL CORP COMMON STOCK 87161C105 1639 79950 SH SOLE 0 0 79950
SYSCO CORP COMMON STOCK 871829107 2621 99600 SH SOLE 0 0 99600
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T R W INC COMMON STOCK 872649108 1656 36400 SH SOLE 0 0 36400
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TELLABS INC COMMON STOCK 879664100 5973 61100 SH SOLE 0 0 61100
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TIME-WARNER, INC. COMMON STOCK 887315109 26399 372800 SH SOLE 0 0 372800
TIMES MIRROR CO NEW COMMON STOCK 887364107 1288 23800 SH SOLE 0 0 23800
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TORCHMARK CORP COMMON STOCK 891027104 1325 41900 SH SOLE 0 0 41900
TOYS R USINC COMMON STOCK 892335100 1413 75100 SH SOLE 0 0 75100
TRANSAMERICA CORP COMMON STOCK 893485102 2947 41500 SH SOLE 0 0 41500
TRIBUNE CO COMMON STOCK 896047107 2434 37200 SH SOLE 0 0 37200
TRICON GLOBAL RESTAURANTS INC COMMON STOCK 895953107 3209 45674 SH SOLE 0 0 45674
TUPPERWARE CORP COMMON STOCK 899896104 308 17100 SH SOLE 0 0 17100
TYCO INTL LTD NEW COMMON STOCK 902124106 14589 203328 SH SOLE 0 0 203328
U S BANCORP NEW COMMON STOCK 902973106 7429 218089 SH SOLE 0 0 218089
U S T INC COMMON STOCK 902911106 1458 55800 SH SOLE 0 0 55800
U S X MARATHON GROUP COMMON STOCK 902905827 2690 97800 SH SOLE 0 0 97800
U S X-U.S. STEEL GROUP INC COMMON STOCK 90337T101 618 26300 SH SOLE 0 0 26300
UNICOM CORP.. COMMON STOCK 904911104 2377 65000 SH SOLE 0 0 65000
UNIFI INC COMMON STOCK 904677101 158 12400 SH SOLE 0 0 12400
UNION CAMP CORP COMMON STOCK 905530101 1389 20700 SH SOLE 0 0 20700
UNION CARBIDE CORP. COMMON STOCK 905581104 1794 39700 SH SOLE 0 0 39700
UNION PACIFIC CORP. COMMON STOCK 907818108 4040 75600 SH SOLE 0 0 75600
UNION PLANTERS CORP COMMON STOCK 908068109 1801 41000 SH SOLE 0 0 41000
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UNITED HEALTHCARE CORP COMMON STOCK 910581107 2931 55700 SH SOLE 0 0 55700
UNITED TECHNOLOGIES CORP. COMMON STOCK 913017109 9562 70600 SH SOLE 0 0 70600
UNOCAL CORP COMMON STOCK 915289102 2662 72200 SH SOLE 0 0 72200
UNUM CORP COMMON STOCK 903192102 1964 41300 SH SOLE 0 0 41300
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US WEST INC. NEW COMMON STOCK 91273H101 8288 150522 SH SOLE 0 0 150522
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3COM CORP COMMON STOCK 885535104 2501 107300 SH SOLE 0 0 107300
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LAIDLAW INC CL. A COMMON STOCK 50730K503 574 98700 SH SOLE 0 0 98700
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NORTHERN TELECOM LTD COMMON STOCK 665815106 12220 196700 SH SOLE 0 0 196700
PLACER DOME INC COMMON STOCK 725906101 837 74800 SH SOLE 0 0 74800
ROYAL DUTCH PETE CO COMMON STOCK 780257804 33701 648100 SH SOLE 0 0 648100
SCHLUMBERGER, LTD. COMMON STOCK 806857108 9859 163800 SH SOLE 0 0 163800
SEAGRAM LTD COMMON STOCK 811850106 6210 124200 SH SOLE 0 0 124200
UNILEVER,N.V.NY SHRS COMMON STOCK 904784501 13314 200400 SH SOLE 0 0 200400
</TABLE>
