UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: 9/30/99
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 10/2/99
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: 527
FORM 13F INFORMATION TABLE VALUE TOTAL: $3,472,483
<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 3212 58938 SH SOLE 0 0 58938
A T & T CORPORATION COMMON STOCK 001957109 45555 1047245 SH SOLE 0 0 1047245
ABBOTT LABORATORIES COMMON STOCK 002824100 18343 499966 SH SOLE 0 0 499966
ABERCROMBIE & FITCH CO COMMON STOCK 002896207 351 10300 SH SOLE 0 0 10300
ACE LTD COMMON STOCK G0070K103 178 10500 SH SOLE 0 0 10500
ADC TELECOMMUNICATIONS INC COMMON STOCK 000886101 2277 54300 SH SOLE 0 0 54300
ADOBE SYS INC COMMON STOCK 00724F101 2393 21080 SH SOLE 0 0 21080
ADVANCED MICRO DEVICES INC COMMON STOCK 007903107 807 46957 SH SOLE 0 0 46957
AES CORP COMMON STOCK 00130H105 3624 61419 SH SOLE 0 0 61419
AETNA INC NEW COMMON STOCK 008117103 2442 49591 SH SOLE 0 0 49591
AFLAC, INC COMMON STOCK 001055102 3580 85500 SH SOLE 0 0 85500
AIR PRODUCTS & CHEMICAL INC. COMMON STOCK 009158106 2164 73986 SH SOLE 0 0 73986
ALBERTO CULVER CLB COMMON STOCK 013068101 413 17872 SH SOLE 0 0 17872
ALBERTSON INC COMMON STOCK 013104104 5335 134848 SH SOLE 0 0 134848
ALCOA INC COMMON STOCK 013817101 7680 123739 SH SOLE 0 0 123739
ALLEGHENY TELEDYNE INC COMMON STOCK 017415100 1039 61571 SH SOLE 0 0 61571
ALLERGAN INC COMMON STOCK 018490102 2411 21922 SH SOLE 0 0 21922
ALLIED SIGNAL,INC. COMMON STOCK 019512102 11017 183810 SH SOLE 0 0 183810
ALLIED WASTE INDS INC COMMON STOCK 019589308 705 60300 SH SOLE 0 0 60300
ALLSTATE CORP COMMON STOCK 020002101 7209 289071 SH SOLE 0 0 289071
ALLTEL CORP COMMON STOCK 020039103 6884 97821 SH SOLE 0 0 97821
ALZA CORP COMMON STOCK 022615108 1389 32452 SH SOLE 0 0 32452
AMERADA HESS CORP. COMMON STOCK 023551104 1970 32161 SH SOLE 0 0 32161
AMEREN CORP COMMON STOCK 023608102 1671 44198 SH SOLE 0 0 44198
AMERICA ONLINE INC DEL COMMON STOCK 02364J104 37223 357703 SH SOLE 0 0 357703
AMERICA WEST HLDGS CORP COMMON STOCK 023657208 197 11400 SH SOLE 0 0 11400
AMERICAN ELECTRIC POWER COMMON STOCK 025537101 2233 65424 SH SOLE 0 0 65424
AMERICAN EXPRESS CO. COMMON STOCK 025816109 20009 148214 SH SOLE 0 0 148214
AMERICAN GENERAL CORPORATION COMMON STOCK 026351106 5217 82477 SH SOLE 0 0 82477
AMERICAN GREETING CORP COMMON STOCK 026375105 556 21590 SH SOLE 0 0 21590
AMERICAN HOME PRODUCTS CORP. COMMON STOCK 026609107 17980 433264 SH SOLE 0 0 433264
AMERICAN INTERNATIONAL GROUP, COMMON STOCK 026874107 44253 509017 SH SOLE 0 0 509017
AMERITECH CORP NEW COMMON STOCK 030954101 24389 365376 SH SOLE 0 0 365376
AMGEN INC COMMON STOCK 031162100 13892 170452 SH SOLE 0 0 170452
AMSOUTH BANCORPORATION COMMON STOCK 032165102 1323 56449 SH SOLE 0 0 56449
ANADARKO PETE CORP. COMMON STOCK 032511107 1184 38737 SH SOLE 0 0 38737
ANDREW CORP COMMON STOCK 034425108 456 26245 SH SOLE 0 0 26245
ANHEUSER-BUSCH COS. INC. COMMON STOCK 035229103 11508 164255 SH SOLE 0 0 164255
AON CORP COMMON STOCK 037389103 2457 83106 SH SOLE 0 0 83106
APACHE CORP COMMON STOCK 037411105 1548 35833 SH SOLE 0 0 35833
APPLE COMPUTER, INC COMMON STOCK 037833100 3254 51400 SH SOLE 0 0 51400
APPLIED MATLS INC COMMON STOCK 038222105 9961 128217 SH SOLE 0 0 128217
ARCHER DANIELS MIDLAND CO COMMON STOCK 039483102 2529 208588 SH SOLE 0 0 208588
ARMSTRONG WORLD COMMON STOCK 042476101 579 12878 SH SOLE 0 0 12878
ARVIN IND COMMON STOCK 043339100 210 6800 SH SOLE 0 0 6800
ASARCO INC COMMON STOCK 043413103 340 12597 SH SOLE 0 0 12597
ASHLAND INC. COMMON STOCK 044204105 781 23219 SH SOLE 0 0 23219
ASSOCIATES FIRST CAPITAL CORP COMMON STOCK 046008108 8411 233642 SH SOLE 0 0 233642
ATLANTIC RICHFIELD CO. COMMON STOCK 048825103 9368 105708 SH SOLE 0 0 105708
AUTODESK INC COMMON STOCK 052769106 413 18865 SH SOLE 0 0 18865
AUTOMATIC DATA PROCESSING INC. COMMON STOCK 053015103 8868 198732 SH SOLE 0 0 198732
AUTOZONE INC COMMON STOCK 053332102 1340 47744 SH SOLE 0 0 47744
AVERY DENNISON CORP COMMON STOCK 053611109 1921 36408 SH SOLE 0 0 36408
AVON PRODUCTS, INC. COMMON STOCK 054303102 2082 83903 SH SOLE 0 0 83903
B B & T CORPORATION COMMON STOCK 054937107 3265 100863 SH SOLE 0 0 100863
BAKER HUGHES INC. COMMON STOCK 057224107 3048 105106 SH SOLE 0 0 105106
BALL CORP COMMON STOCK 058498106 432 9805 SH SOLE 0 0 9805
BANK OF AMERICA CORP COMMON STOCK 060505104 31783 570743 SH SOLE 0 0 570743
BANK OF NEW YORK CO INC COMMON STOCK 064057102 8170 244351 SH SOLE 0 0 244351
BANK ONE COMMON STOCK 06423A103 13826 397152 SH SOLE 0 0 397152
BANKBOSTON CORP COMMON STOCK 06605R106 4130 95226 SH SOLE 0 0 95226
BARD (C.R.) INC COMMON STOCK 067383109 772 16409 SH SOLE 0 0 16409
BAUSCH & LOMB INC. COMMON STOCK 071707103 1215 18426 SH SOLE 0 0 18426
BAXTER INTL COMMON STOCK 071813109 6008 99726 SH SOLE 0 0 99726
BEAR STEARNS CO COMMON STOCK 073902108 2043 53164 SH SOLE 0 0 53164
BECTON DICKINSON & CO COMMON STOCK 075887109 2472 88073 SH SOLE 0 0 88073
BELL ATLANTIC CORP COMMON STOCK 077853109 34173 507674 SH SOLE 0 0 507674
BELLSOUTH CORP COMMON STOCK 079860102 27980 621787 SH SOLE 0 0 621787
BEMIS INC COMMON STOCK 081437105 566 16705 SH SOLE 0 0 16705
BEST BUY INC COMMON STOCK 086516101 4585 73950 SH SOLE 0 0 73950
BESTFOODS COMMON STOCK 08658U101 4357 89724 SH SOLE 0 0 89724
BETHLEHEM STEEL CORP. COMMON STOCK 087509105 308 41788 SH SOLE 0 0 41788
BIOMET COMMON STOCK 090613100 946 35959 SH SOLE 0 0 35959
BLACK & DECKER CORP COMMON STOCK 091797100 1272 27838 SH SOLE 0 0 27838
BLOCK H.R. INC COMMON STOCK 093671105 1356 31212 SH SOLE 0 0 31212
BMC SOFTWARE INC COMMON STOCK 055921100 5442 76048 SH SOLE 0 0 76048
BOEING CO. COMMON STOCK 097023105 13713 321715 SH SOLE 0 0 321715
BOISE CASCADE CORP. COMMON STOCK 097383103 662 18165 SH SOLE 0 0 18165
BOSTON SCIENTIFIC CORP COMMON STOCK 101137107 3149 127245 SH SOLE 0 0 127245
BRIGGS & STRATTON COMMON STOCK 109043109 437 7482 SH SOLE 0 0 7482
BRISTOL MYERS SQUIBB CO COMMON STOCK 110122108 44117 653582 SH SOLE 0 0 653582
BROWN-FORMAN, INC. CLB COMMON STOCK 115637209 1369 21952 SH SOLE 0 0 21952
BRUNSWICK CORP COMMON STOCK 117043109 732 29441 SH SOLE 0 0 29441
BURLINGTON NORTHN SANTA FE COR COMMON STOCK 12189T104 4237 154056 SH SOLE 0 0 154056
BURLINGTON RES COMMON STOCK 122014103 2224 60526 SH SOLE 0 0 60526
C S X CORP. COMMON STOCK 126408103 2956 69769 SH SOLE 0 0 69769
CABLETRON SYS INC COMMON STOCK 126920107 864 55095 SH SOLE 0 0 55095
CAMPBELL SOUP CO. COMMON STOCK 134429109 5481 140084 SH SOLE 0 0 140084
CAPITAL ONE FINL CORP COMMON STOCK 14040H105 2464 63175 SH SOLE 0 0 63175
CARDINAL HEALTH INC COMMON STOCK 14149Y108 4757 87293 SH SOLE 0 0 87293
CARNIVAL CORPORATION COMMON STOCK 143658102 8760 201376 SH SOLE 0 0 201376
CAROLINA POWER & LIGHT CO. COMMON STOCK 144141108 1813 51243 SH SOLE 0 0 51243
CASE CORPORATION COMMON STOCK 14743R103 1191 23906 SH SOLE 0 0 23906
CATERPILLAR TRACTOR CO. COMMON STOCK 149123101 6255 114119 SH SOLE 0 0 114119
CBS CORP COMMON STOCK 12490K107 10866 234931 SH SOLE 0 0 234931
CENDANT CORP COMMON STOCK 151313103 4048 228045 SH SOLE 0 0 228045
CENTEX CORP. COMMON STOCK 152312104 564 19062 SH SOLE 0 0 19062
CENTRAL & SOUTH WEST CORP. COMMON STOCK 152357109 1627 77026 SH SOLE 0 0 77026
CENTURY TEL COMMON STOCK 156700106 1819 44765 SH SOLE 0 0 44765
CERIDIAN CORP COMMON STOCK 15677T106 1153 46363 SH SOLE 0 0 46363
CHAMPION INTERNATIONAL CORP. COMMON STOCK 158525105 1588 30911 SH SOLE 0 0 30911
CHASE MANHATTAN CORP COMMON STOCK 16161A108 21362 283406 SH SOLE 0 0 283406
CHEVRON CORP COMMON STOCK 166751107 19457 219232 SH SOLE 0 0 219232
CHUBB CORP COMMON STOCK 171232101 2801 56453 SH SOLE 0 0 56453
CIGNA CORPORATION COMMON STOCK 125509109 5129 65969 SH SOLE 0 0 65969
CINCINNATI FINL CORP COMMON STOCK 172062101 2094 55792 SH SOLE 0 0 55792
CINERGY CORP. COMMON STOCK 172474108 1580 55798 SH SOLE 0 0 55798
CIRCUIT CITY STORES COMMON STOCK 172737108 3232 76616 SH SOLE 0 0 76616
CISCO SYS INC COMMON STOCK 17275R102 72309 1054640 SH SOLE 0 0 1054640
CITIGROUP INC COMMON STOCK 172967101 48821 1109557 SH SOLE 0 0 1109557
CITRIX SYS INC COMMON STOCK 177376100 440 7100 SH SOLE 0 0 7100
CLEAR CHANNEL COMMUNICATIONS I COMMON STOCK 184502102 8548 107013 SH SOLE 0 0 107013
CLOROX COMPANY COMMON STOCK 189054109 2901 75834 SH SOLE 0 0 75834
CMS ENERGY CORP COMMON STOCK 125896100 1276 37600 SH SOLE 0 0 37600
COASTAL CORPORATION COMMON STOCK 190441105 2965 72427 SH SOLE 0 0 72427
COCA-COLA COMPANY COMMON STOCK 191216100 38623 800478 SH SOLE 0 0 800478
COCA-COLA ENTERPRISES COMMON STOCK 191219104 3284 145536 SH SOLE 0 0 145536
COLGATE PALMOLIVE CO. COMMON STOCK 194162103 8710 190382 SH SOLE 0 0 190382
COLUMBIA GAS SYSTEMS INC COMMON STOCK 197648108 1456 26289 SH SOLE 0 0 26289
COLUMBIA/HCA HEALTH CARE CORP COMMON STOCK 197677107 3867 182511 SH SOLE 0 0 182511
COMCAST CORP COMMON STOCK 200300200 9504 238350 SH SOLE 0 0 238350
COMERICA INC COMMON STOCK 200340107 2586 51083 SH SOLE 0 0 51083
COMPAQ COMPUTER COMMON STOCK 204493100 12712 555719 SH SOLE 0 0 555719
COMPUTER ASSOCIATES COMMON STOCK 204912109 10526 172198 SH SOLE 0 0 172198
COMPUTER SCIENCES COMMON STOCK 205363104 3594 51113 SH SOLE 0 0 51113
COMPUWARE CORP COMMON STOCK 205638109 3195 122603 SH SOLE 0 0 122603
COMVERSE TECHNOLOGY INC COMMON STOCK 205862402 231 2450 SH SOLE 0 0 2450
CONAGRA INC. COMMON STOCK 205887102 3679 163064 SH SOLE 0 0 163064
CONOCO INC -CL B WI COMMON STOCK 208251405 5632 205718 SH SOLE 0 0 205718
CONS NATURAL GAS CO. COMMON STOCK 209615103 1922 30807 SH SOLE 0 0 30807
CONSECO INC COMMON STOCK 208464107 1975 103955 SH SOLE 0 0 103955
CONSOL. EDISON INC. COMMON STOCK 209115104 3138 75622 SH SOLE 0 0 75622
CONSOLIDATED STORES CORP COMMON STOCK 210149100 777 35219 SH SOLE 0 0 35219
CONSTELLATION ENERGY GROUP COMMON STOCK 210371100 1350 48000 SH SOLE 0 0 48000
COOPER INDS. INC. COMMON STOCK 216669101 1416 30286 SH SOLE 0 0 30286
COOPER TIRE & RUBBER COMMON STOCK 216831107 429 24322 SH SOLE 0 0 24322
COORS ADOLPH CO COMMON STOCK 217016104 637 11764 SH SOLE 0 0 11764
CORNING INC COMMON STOCK 219350105 5733 83612 SH SOLE 0 0 83612
COSTCO WHOLESALE CORP COMMON STOCK 22160K105 5100 70828 SH SOLE 0 0 70828
COUNTRYWIDE CR INDS INC COMMON STOCK 222372104 1763 54673 SH SOLE 0 0 54673
CRANE CO COMMON STOCK 224399105 487 21724 SH SOLE 0 0 21724
CROWN CORK AND SEAL COMMON STOCK 228255105 948 39077 SH SOLE 0 0 39077
CUMMINS ENGINE INC. COMMON STOCK 231021106 667 13385 SH SOLE 0 0 13385
CVS CORPORATION COMMON STOCK 126650100 5135 125817 SH SOLE 0 0 125817
CYPRUS AMAX MINERALS CO. COMMON STOCK 232809103 566 28841 SH SOLE 0 0 28841
D T E ENERGY CO COMMON STOCK 233331107 1865 51282 SH SOLE 0 0 51282
DANA CORP COMMON STOCK 235811106 1972 53108 SH SOLE 0 0 53108
DANAHER CORP COMMON STOCK 235851102 2512 47675 SH SOLE 0 0 47675
DARDEN RESTAURANTS INC COMMON STOCK 237194105 836 42754 SH SOLE 0 0 42754
DATA GENERAL CORP. COMMON STOCK 237688106 341 16193 SH SOLE 0 0 16193
DAYTON HUDSON CORP COMMON STOCK 239753106 8661 144202 SH SOLE 0 0 144202
DEERE & CO COMMON STOCK 244199105 3044 78674 SH SOLE 0 0 78674
DELL COMPUTER CORP COMMON STOCK 247025109 35033 837854 SH SOLE 0 0 837854
DELPHI AUTOMOTIVE SYS CORP COMMON STOCK 247126105 2911 181207 SH SOLE 0 0 181207
DELTA AIR LINES, INC. COMMON STOCK 247361108 2427 50050 SH SOLE 0 0 50050
DELUXE CHECK PRINTER COMMON STOCK 248019101 849 24966 SH SOLE 0 0 24966
DILLARDS INC. COMMON STOCK 254067101 693 34117 SH SOLE 0 0 34117
DIME BANCORP, INC. COMMON STOCK 25429Q102 196 11200 SH SOLE 0 0 11200
DISNEY (WALT) PRODUCTIONS COMMON STOCK 254687106 17228 662612 SH SOLE 0 0 662612
DOLLAR GEN CORP COMMON STOCK 256669102 2194 71072 SH SOLE 0 0 71072
DOMINION RES INC., VA. COMMON STOCK 257470104 2886 63962 SH SOLE 0 0 63962
DONNELLEY (R.R.) & SONS COMMON STOCK 257867101 1200 41564 SH SOLE 0 0 41564
DOVER CORP COMMON STOCK 260003108 2805 68627 SH SOLE 0 0 68627
DOW CHEMICAL CO. COMMON STOCK 260543103 8148 71709 SH SOLE 0 0 71709
DOW JONES & CO COMMON STOCK 260561105 1552 29081 SH SOLE 0 0 29081
DST SYSTEMS INC COMMON STOCK 233326107 347 6100 SH SOLE 0 0 6100
DU PONT (E.I.) DE NEMOURS & CO COMMON STOCK 263534109 19381 320349 SH SOLE 0 0 320349
DUKE POWER CO. COMMON STOCK 264399106 6487 117687 SH SOLE 0 0 117687
E G & G INC COMMON STOCK 268457108 583 14656 SH SOLE 0 0 14656
E M C CORP MASS COMMON STOCK 268648102 23773 333068 SH SOLE 0 0 333068
EASTERN ENTERPRISES COMMON STOCK 27637F100 400 8609 SH SOLE 0 0 8609
EASTMAN CHEM CO COMMON STOCK 277432100 999 25048 SH SOLE 0 0 25048
EASTMAN KODAK CO. COMMON STOCK 277461109 7781 102888 SH SOLE 0 0 102888
EATON CORP COMMON STOCK 278058102 2406 27876 SH SOLE 0 0 27876
ECOLAB INC COMMON STOCK 278865100 1413 41418 SH SOLE 0 0 41418
EDISON INTERNATIONAL COMMON STOCK 281020107 2929 120462 SH SOLE 0 0 120462
ELECTRONIC ARTS INC COMMON STOCK 285512109 420 5800 SH SOLE 0 0 5800
ELETRONIC DATA SYSTEMS CORP COMMON STOCK 285661104 8676 163897 SH SOLE 0 0 163897
EMERSON ELECTRIC CO. COMMON STOCK 291011104 8983 142169 SH SOLE 0 0 142169
ENGELHARD CORP COMMON STOCK 292845104 730 40005 SH SOLE 0 0 40005
ENRON CORP COMMON STOCK 293561106 9621 234304 SH SOLE 0 0 234304
ENTERGY CORP (NEW) COMMON STOCK 29364G103 2736 94550 SH SOLE 0 0 94550
EQUIFAX INC COMMON STOCK 294429105 1300 46205 SH SOLE 0 0 46205
EXXON CORP. COMMON STOCK 302290101 60076 790468 SH SOLE 0 0 790468
F M C CORP COMMON STOCK 302491303 494 10228 SH SOLE 0 0 10228
F.P.L. GROUP INC. COMMON STOCK 302571104 3034 60225 SH SOLE 0 0 60225
FDX CORP COMMON STOCK 31304N107 3749 96440 SH SOLE 0 0 96440
FED HM LN MTG CORP COMMON STOCK 313400301 11912 229069 SH SOLE 0 0 229069
FEDERAL NATL MTGE ASSN. COMMON STOCK 313586109 21129 337047 SH SOLE 0 0 337047
FEDERATED DEPT STORES INC NEW COMMON STOCK 31410H101 3150 72099 SH SOLE 0 0 72099
FIFTH THIRD BANCORP COMMON STOCK 316773100 5265 86536 SH SOLE 0 0 86536
FIRST DATA CORP COMMON STOCK 319963104 6113 139319 SH SOLE 0 0 139319
FIRST UNION CORP COMMON STOCK 337358105 11275 316494 SH SOLE 0 0 316494
FIRSTAR CORP WISC. COMMON STOCK 33763V109 8215 320592 SH SOLE 0 0 320592
FIRSTENERGY CORP COMMON STOCK 337932107 1902 75160 SH SOLE 0 0 75160
FLEET FINANCIAL GROUP, INC. COMMON STOCK 338915101 7162 195542 SH SOLE 0 0 195542
FLEETWOOD ENTERPRISES COMMON STOCK 339099103 219 10868 SH SOLE 0 0 10868
FLORIDA PROGRESS CORP COMMON STOCK 341109106 1660 35900 SH SOLE 0 0 35900
FLUOR CORP. COMMON STOCK 343861100 979 24316 SH SOLE 0 0 24316
FORD MOTOR CO. COMMON STOCK 345370100 20252 403034 SH SOLE 0 0 403034
FORT JAMES CORP COMMON STOCK 347471104 1903 71301 SH SOLE 0 0 71301
FORTUNE BRANDS COMMON STOCK 349631101 1723 53430 SH SOLE 0 0 53430
FOSTER WHEELER CORP. COMMON STOCK 350244109 156 12909 SH SOLE 0 0 12909
FRANKLIN RESOURCES COMMON STOCK 354613101 2467 80708 SH SOLE 0 0 80708
FREEPORT-MCMORAN COPPER & GOCL COMMON STOCK 35671D857 814 52278 SH SOLE 0 0 52278
FRONTIER CORP COMMON STOCK 35906P105 2748 55521 SH SOLE 0 0 55521
FRUIT OF THE LOOM CL A COMMON STOCK G3682L105 79 23080 SH SOLE 0 0 23080
G T E CORP COMMON STOCK 362320103 24731 321700 SH SOLE 0 0 321700
GALILEO INTL INC COMMON STOCK 363547100 278 6900 SH SOLE 0 0 6900
GANNETT CO., INC. COMMON STOCK 364730101 6433 92984 SH SOLE 0 0 92984
GAP INC COMMON STOCK 364760108 9176 286751 SH SOLE 0 0 286751
GATEWAY COMMON STOCK 367626108 4417 100380 SH SOLE 0 0 100380
GENERAL DYNAMICS CORP. COMMON STOCK 369550108 4234 67808 SH SOLE 0 0 67808
GENERAL ELECTRIC CO. COMMON STOCK 369604103 127516 1075516 SH SOLE 0 0 1075516
GENERAL INSTRUMENT CORP COMMON STOCK 370120107 2712 56496 SH SOLE 0 0 56496
GENERAL MILLS COMMON STOCK 370334104 3988 49162 SH SOLE 0 0 49162
GENERAL MOTORS CLASS H NEW COMMON STOCK 370442832 218 3800 SH SOLE 0 0 3800
GENERAL MOTORS CORP. COMMON STOCK 370442105 13754 218539 SH SOLE 0 0 218539
GENUINE PARTS CO. COMMON STOCK 372460105 1522 57315 SH SOLE 0 0 57315
GEORGIA-PACIFIC CORP. COMMON STOCK 373298108 2450 60576 SH SOLE 0 0 60576
GILLETTE CO. COMMON STOCK 375766102 12065 355512 SH SOLE 0 0 355512
GOLDEN WEST FINANCIAL COMMON STOCK 381317106 2236 22742 SH SOLE 0 0 22742
GOODRICH B.F. COMMON STOCK 382388106 1032 35590 SH SOLE 0 0 35590
GOODYEAR TIRE & RUBBER CO. COMMON STOCK 382550101 2531 52586 SH SOLE 0 0 52586
GPU INC COMMON STOCK 36225X100 1498 45910 SH SOLE 0 0 45910
GRACE W R & CO DEL NEW COMMON STOCK 38388F108 363 22162 SH SOLE 0 0 22162
GRAINGER W.W. COMMON STOCK 384802104 1587 33026 SH SOLE 0 0 33026
GREAT ATLANTIC PACIFIC TEA COMMON STOCK 390064103 369 12184 SH SOLE 0 0 12184
GREAT LAKES CHEM COMMON STOCK 390568103 714 18759 SH SOLE 0 0 18759
GUIDANT CORP COMMON STOCK 401698105 5189 96772 SH SOLE 0 0 96772
H J HEINZ CO COMMON STOCK 423074103 5029 116949 SH SOLE 0 0 116949
HALLIBURTON CO. COMMON STOCK 406216101 5801 141491 SH SOLE 0 0 141491
HARCOURT GENERAL INC COMMON STOCK 41163G101 1164 27971 SH SOLE 0 0 27971
HARRAHS ENTMT INC COMMON STOCK 413619107 1138 41004 SH SOLE 0 0 41004
HARRIS CORP COMMON STOCK 413875105 703 25458 SH SOLE 0 0 25458
HARTFORD FINANCIAL SERVICE GOU COMMON STOCK 416515104 3095 75725 SH SOLE 0 0 75725
HASBRO BRADLEY INC COMMON STOCK 418056107 1340 62337 SH SOLE 0 0 62337
HCR MANOR CARE INC COMMON STOCK 404134108 603 35057 SH SOLE 0 0 35057
HEALTHSOUTH CORP. COMMON STOCK 421924101 814 132933 SH SOLE 0 0 132933
HELMERICH & PAYNE COMMON STOCK 423452101 403 15905 SH SOLE 0 0 15905
HERCULES, INC. COMMON STOCK 427056106 969 33859 SH SOLE 0 0 33859
HERSHEY FOODS CORP. COMMON STOCK 427866108 2179 44764 SH SOLE 0 0 44764
HEWLETT-PACKARD CO. COMMON STOCK 428236103 30626 337475 SH SOLE 0 0 337475
HILLENBRAND IND COMMON STOCK 431573104 216 8200 SH SOLE 0 0 8200
HILTON HOTELS CORP COMMON STOCK 432848109 818 82785 SH SOLE 0 0 82785
HOME DEPOT INC COMMON STOCK 437076102 33563 489077 SH SOLE 0 0 489077
HOMESTAKE MINING COMMON STOCK 437614100 765 83278 SH SOLE 0 0 83278
HONEYWELL, INC. COMMON STOCK 438506107 4597 41300 SH SOLE 0 0 41300
HOST MARRIOTT CORP NEW COMMON STOCK 44107P104 190 20000 SH SOLE 0 0 20000
HOUSEHOLD INTERNATIONAL CORP. COMMON STOCK 441815107 6170 153760 SH SOLE 0 0 153760
HUMANA INC. COMMON STOCK 444859102 368 53575 SH SOLE 0 0 53575
HUNTINGTON BASHARES COMMON STOCK 446150104 2017 75948 SH SOLE 0 0 75948
I T T INDUSTRIES INC COMMON STOCK 450911102 894 28089 SH SOLE 0 0 28089
IKON OFFICE SOLUTIONS COMMON STOCK 451713101 509 47608 SH SOLE 0 0 47608
ILLINOIS TOOL WORKS COMMON STOCK 452308109 6091 81684 SH SOLE 0 0 81684
ILLINOVA CORP COMMON STOCK 452317100 205 7300 SH SOLE 0 0 7300
IMS HEALTH INC COMMON STOCK 449934108 2316 101538 SH SOLE 0 0 101538
INGERSOLL RAND CO. COMMON STOCK 456866102 2957 53817 SH SOLE 0 0 53817
INTEL CORP COMMON STOCK 458140100 80663 1085463 SH SOLE 0 0 1085463
INTERN'L BUSINESS MACHINES COR COMMON STOCK 459200101 72007 595100 SH SOLE 0 0 595100
INTERN'L FLAVORS & FRAGRANCES COMMON STOCK 459506101 1174 34020 SH SOLE 0 0 34020
INTERN'L PAPER CO. COMMON STOCK 460146103 6442 134040 SH SOLE 0 0 134040
INTERPUBLIC GROUP COMMON STOCK 460690100 3753 91250 SH SOLE 0 0 91250
JEFFERSON PILOT COMMON STOCK 475070108 2144 33936 SH SOLE 0 0 33936
JOHNSON & JOHNSON COMMON STOCK 478160104 40414 439878 SH SOLE 0 0 439878
JOHNSON CONTROLS, INC. COMMON STOCK 478366107 1817 27401 SH SOLE 0 0 27401
JOSTENS INC COMMON STOCK 481088102 209 10915 SH SOLE 0 0 10915
K MART CORP. COMMON STOCK 482584109 2265 193799 SH SOLE 0 0 193799
KANSAS CITY SOUTHERN IND COMMON STOCK 485170104 1648 35444 SH SOLE 0 0 35444
KAUFMAN & BROAD HOME CORP COMMON STOCK 486168107 315 15257 SH SOLE 0 0 15257
KELLOGG CO. COMMON STOCK 487836108 4873 130164 SH SOLE 0 0 130164
KERR MC GEE COMMON STOCK 492386107 1576 28620 SH SOLE 0 0 28620
KEYCORP NEW COMMON STOCK 493267108 4069 157639 SH SOLE 0 0 157639
KIMBERLY-CLARK CORP. COMMON STOCK 494368103 9471 179549 SH SOLE 0 0 179549
KING WORLD COMMON STOCK 495667107 851 22682 SH SOLE 0 0 22682
KLA INSTRS CORP COMMON STOCK 482480100 2270 34923 SH SOLE 0 0 34923
KNIGHT-RIDDER INC COMMON STOCK 499040103 1388 25242 SH SOLE 0 0 25242
KOHLS CORP COMMON STOCK 500255104 3604 54509 SH SOLE 0 0 54509
KROGGER CO COMMON STOCK 501044101 5850 265144 SH SOLE 0 0 265144
L S I LOGIC CORP COMMON STOCK 502161102 2409 46331 SH SOLE 0 0 46331
LEHMAN BROS HLDGS INC COMMON STOCK 524908100 2597 44483 SH SOLE 0 0 44483
LEXMARK INTL GROUP INC COMMON STOCK 529771107 3510 43600 SH SOLE 0 0 43600
LILLY (ELI) & CO. COMMON STOCK 532457108 23002 358362 SH SOLE 0 0 358362
LIMITED INC COMMON STOCK 532716107 2583 67536 SH SOLE 0 0 67536
LINCOLN NATIONAL CORP. COMMON STOCK 534187109 2476 65926 SH SOLE 0 0 65926
LIZ CLAIBORNE COMMON STOCK 539320101 624 20125 SH SOLE 0 0 20125
LOCKHEED MARTIN CORP COMMON STOCK 539830109 4213 128902 SH SOLE 0 0 128902
LOEWS CORP COMMON STOCK 540424108 2448 34884 SH SOLE 0 0 34884
LONGS DRUG STR CORP COMMON STOCK 543162101 373 12487 SH SOLE 0 0 12487
LOUISIANA PACIFIC CORP. COMMON STOCK 546347105 748 47897 SH SOLE 0 0 47897
LOWES COMPANIES COMMON STOCK 548661107 6208 127340 SH SOLE 0 0 127340
LUCENT TECHNOLOGIES INC COMMON STOCK 549463107 64402 992715 SH SOLE 0 0 992715
M B N A CORP COMMON STOCK 55262L100 5965 261481 SH SOLE 0 0 261481
MALLINCKRODT INC COMMON STOCK 561232109 685 22692 SH SOLE 0 0 22692
MARRIOTT INTL INC NEW COMMON STOCK 571903202 2641 80809 SH SOLE 0 0 80809
MARSH & MC LENNAN CO COMMON STOCK 571748102 5936 86652 SH SOLE 0 0 86652
MASCO CORP. COMMON STOCK 574599106 4446 143434 SH SOLE 0 0 143434
MATTEL INC COMMON STOCK 577081102 2539 133635 SH SOLE 0 0 133635
MAY DEPARTMENT STORES CO. COMMON STOCK 577778103 3940 108140 SH SOLE 0 0 108140
MAYTAG CORP COMMON STOCK 578592107 1011 30357 SH SOLE 0 0 30357
MBIA INC COMMON STOCK 55262C100 1494 32047 SH SOLE 0 0 32047
MCDERMOTT INTL INC COMMON STOCK 580037109 376 18572 SH SOLE 0 0 18572
MCDONALD'S CORP. COMMON STOCK 580135101 19629 453858 SH SOLE 0 0 453858
MCGRAW HILL COMPANIES INC. COMMON STOCK 580645109 3105 64176 SH SOLE 0 0 64176
MCI WORLDCOM COMMON STOCK 55268B106 43821 609688 SH SOLE 0 0 609688
MCKESSON HBOC INC COMMON STOCK 58155Q103 2587 89200 SH SOLE 0 0 89200
MEAD CORP. COMMON STOCK 582834107 1374 39985 SH SOLE 0 0 39985
MEDIA ONE GROUP COMMON STOCK 58440J104 13825 202385 SH SOLE 0 0 202385
MEDTRONIC, INC. COMMON STOCK 585055106 13351 375436 SH SOLE 0 0 375436
MELLON BANK CORP COMMON STOCK 585509102 5756 171178 SH SOLE 0 0 171178
MERCK & CO., INC. COMMON STOCK 589331107 50412 777818 SH SOLE 0 0 777818
MEREDITH CORP COMMON STOCK 589433101 603 16600 SH SOLE 0 0 16600
MERRILL LYNCH & CO., INC. COMMON STOCK 590188108 8010 118881 SH SOLE 0 0 118881
MGIC INVT CORP WIS COMMON STOCK 552848103 1669 34944 SH SOLE 0 0 34944
MICRO SOFT CORP COMMON STOCK 594918104 151726 1675372 SH SOLE 0 0 1675372
MICRON TECHNOLOGY COMMON STOCK 595112103 5337 80261 SH SOLE 0 0 80261
MILACRON INC. COMMON STOCK 598709103 209 11797 SH SOLE 0 0 11797
MILLIPORE CORP COMMON STOCK 601073109 531 14140 SH SOLE 0 0 14140
MINNESOTA MINING & MFG. CO. COMMON STOCK 604059105 12530 130432 SH SOLE 0 0 130432
MIRAGE RESORTS, INCORP. COMMON STOCK 60462E104 1075 76800 SH SOLE 0 0 76800
MOBIL CORP. COMMON STOCK 607059102 25765 255734 SH SOLE 0 0 255734
MONSANTO CO. COMMON STOCK 611662107 7558 211771 SH SOLE 0 0 211771
MORGAN (J.P.) & CO., INC. COMMON STOCK 616880100 6908 60466 SH SOLE 0 0 60466
MORGAN STANLEY, DEAN WITTER COMMON STOCK 617446448 16892 189404 SH SOLE 0 0 189404
MOTOROLA INC. COMMON STOCK 620076109 17851 202851 SH SOLE 0 0 202851
NABISCO GROUP HOLDINGS COMMON STOCK 62952P102 1567 104496 SH SOLE 0 0 104496
NALCO CHEMICAL CO. COMMON STOCK 629853102 1016 20126 SH SOLE 0 0 20126
NATIONAL CITY CORP COMMON STOCK 635405103 5365 201020 SH SOLE 0 0 201020
NATIONAL SEMICONDUCTOR COMMON STOCK 637640103 1643 53754 SH SOLE 0 0 53754
NATIONAL SERVICE IND INC COMMON STOCK 637657107 410 13026 SH SOLE 0 0 13026
NAVISTAR INTL NEW COMMON STOCK 63934E108 988 21239 SH SOLE 0 0 21239
NETWORK APPLIANCE INC COMMON STOCK 64120L104 1812 25300 SH SOLE 0 0 25300
NEW CENTY ENERGIES INC COMMON STOCK 64352U103 1234 36890 SH SOLE 0 0 36890
NEW YORK TIMES CO COMMON STOCK 650111107 2131 56821 SH SOLE 0 0 56821
NEWELL RUBBERMAID INC. COMMON STOCK 651229106 2577 90228 SH SOLE 0 0 90228
NEWMONT MINING COMMON STOCK 651639106 1385 53530 SH SOLE 0 0 53530
NEXTEL COMMUNICATIONS, INC COMMON STOCK 65332V103 6967 102740 SH SOLE 0 0 102740
NIAGARA MOHAWK HOLDINGS COMMON STOCK 653520106 933 59939 SH SOLE 0 0 59939
NICOR INC COMMON STOCK 654086107 565 15182 SH SOLE 0 0 15182
NIKE INC CLASS B COMMON STOCK 654106103 5130 90194 SH SOLE 0 0 90194
NORDSTROM INC COMMON STOCK 655664100 1230 45550 SH SOLE 0 0 45550
NORFOLK SOUTHERN CORP. COMMON STOCK 655844108 2987 121915 SH SOLE 0 0 121915
NORTHERN STATES POWER CO COMMON STOCK 665772109 1061 49226 SH SOLE 0 0 49226
NORTHERN TRUST CORP COMMON STOCK 665859104 3011 36058 SH SOLE 0 0 36058
NORTHROP GRUMMAN CORP COMMON STOCK 666807102 1433 22540 SH SOLE 0 0 22540
NOVELL INC COMMON STOCK 670006105 2226 107618 SH SOLE 0 0 107618
NUCOR CORPORATION COMMON STOCK 670346105 1330 27933 SH SOLE 0 0 27933
OCCIDENTAL PETROLEUM CORP COMMON STOCK 674599105 2581 111597 SH SOLE 0 0 111597
OFFICE DEPOT INC COMMON STOCK 676220106 1260 120000 SH SOLE 0 0 120000
OLD REP INTL CORP COMMON STOCK 680223104 201 13900 SH SOLE 0 0 13900
OMNICOM GROUP COMMON STOCK 681919106 4720 59608 SH SOLE 0 0 59608
ONEOK INC COMMON STOCK 682680103 307 10117 SH SOLE 0 0 10117
ORACLE CORPORATION COMMON STOCK 68389X105 21379 469860 SH SOLE 0 0 469860
OWENS CORNING COMMON STOCK 69073F103 378 17442 SH SOLE 0 0 17442
OWENS ILL INC COMMON STOCK 690768403 1166 58860 SH SOLE 0 0 58860
P N C BANK CORP COMMON STOCK 693475105 5346 101468 SH SOLE 0 0 101468
P P & L RESOURCES INC COMMON STOCK 693499105 1369 50586 SH SOLE 0 0 50586
P P G INDUSTRIES, INC. COMMON STOCK 693506107 3497 58278 SH SOLE 0 0 58278
PACCAR INC COMMON STOCK 693718108 1657 32579 SH SOLE 0 0 32579
PACIFICORP COMMON STOCK 695114108 2037 101234 SH SOLE 0 0 101234
PAINE WEBBER GROUP COMMON STOCK 695629105 1813 50000 SH SOLE 0 0 50000
PALL CORP COMMON STOCK 696429307 920 39675 SH SOLE 0 0 39675
PARAMETRIC TECHNOLOGY CORP COMMON STOCK 699173100 1171 86760 SH SOLE 0 0 86760
PARKER HANNIFIN CORP. COMMON STOCK 701094104 1563 34872 SH SOLE 0 0 34872
PAYCHEX INC COMMON STOCK 704326107 2820 82640 SH SOLE 0 0 82640
PE CORP COMMON STOCK 69332S102 2365 32728 SH SOLE 0 0 32728
PECO ENERGY CO. COMMON STOCK 693304107 2308 61536 SH SOLE 0 0 61536
PENNEY (J.C.) CO., INC. COMMON STOCK 708160106 2954 85612 SH SOLE 0 0 85612
PEOPLES ENERGY CORP COMMON STOCK 711030106 400 11354 SH SOLE 0 0 11354
PEOPLESOFT INC COMMON STOCK 712713106 1306 77121 SH SOLE 0 0 77121
PEP BOYS MANNY MOE&JCK COM COMMON STOCK 713278109 250 16800 SH SOLE 0 0 16800
PEPSICO, INC. COMMON STOCK 713448108 14757 483826 SH SOLE 0 0 483826
PFIZER, INC. COMMON STOCK 717081103 45606 1271246 SH SOLE 0 0 1271246
PG & E CORP. COMMON STOCK 69331C108 3184 123046 SH SOLE 0 0 123046
PHARMACIA & UPJOHN INC COMMON STOCK 716941109 8192 165073 SH SOLE 0 0 165073
PHELPS DODGE COMMON STOCK 717265102 1022 18555 SH SOLE 0 0 18555
PHILIP MORRIS COS INC COMMON STOCK 718154107 27148 794077 SH SOLE 0 0 794077
PHILLIPS PETE COMMON STOCK 718507106 4052 83127 SH SOLE 0 0 83127
PIONEER HI-BRED INT'L COMMON STOCK 723686101 3053 76923 SH SOLE 0 0 76923
PITNEY BOWES INC. COMMON STOCK 724479100 5320 87299 SH SOLE 0 0 87299
POLAROID CORP. COMMON STOCK 731095105 368 14145 SH SOLE 0 0 14145
POTLATCH CORP COMMON STOCK 737628107 379 9191 SH SOLE 0 0 9191
PRAXAIR INC COMMON STOCK 74005P104 2346 50993 SH SOLE 0 0 50993
PRECISION CASTPARTS COMMON STOCK 740189105 207 6800 SH SOLE 0 0 6800
PROCTER & GAMBLE CO. COMMON STOCK 742718109 40972 437036 SH SOLE 0 0 437036
PROGRESSIVE CORP COMMON STOCK 743315103 1911 23391 SH SOLE 0 0 23391
PROVIDIAN FINL CORP COMMON STOCK 74406A102 4086 51599 SH SOLE 0 0 51599
PUBLIC SERVICE ENTERPRISE GROU COMMON STOCK 744573106 2782 72027 SH SOLE 0 0 72027
PUBLIC SVC CO N MEX COMMON STOCK 744499104 226 12400 SH SOLE 0 0 12400
PULTE CORP COMMON STOCK 745867101 301 13828 SH SOLE 0 0 13828
QUAKER OATS CO COMMON STOCK 747402105 2673 43199 SH SOLE 0 0 43199
QUALCOMM INC COMMON STOCK 747525103 9989 52800 SH SOLE 0 0 52800
QUANTUM CORP COMMON STOCK 747906204 148 10500 SH SOLE 0 0 10500
RALSTON-RALSTON PURINA GROUP COMMON STOCK 751277302 2936 105330 SH SOLE 0 0 105330
RAYTHEON CO COMMON STOCK 755111309 238 4900 SH SOLE 0 0 4900
RAYTHEON CO.CLASS B COMMON STOCK 755111408 5559 112012 SH SOLE 0 0 112012
REEBOK INT'L COMMON STOCK 758110100 191 17865 SH SOLE 0 0 17865
REGIONS FINL CORP COMMON STOCK 758940100 2154 71808 SH SOLE 0 0 71808
RELIANT ENERGY COMMON STOCK 75952J108 2628 97122 SH SOLE 0 0 97122
REPUBLIC N.Y. CORP COMMON STOCK 760719104 2072 33722 SH SOLE 0 0 33722
REYNOLDS METALS CO. COMMON STOCK 761763101 1245 20614 SH SOLE 0 0 20614
REYNOLDS R J TOB HLDGS INC COMMON STOCK 76182K105 224 8300 SH SOLE 0 0 8300
RITE-AID CORP COMMON STOCK 767754104 1306 94566 SH SOLE 0 0 94566
ROCKWELL INTL CORP NEW COMMON STOCK 773903109 3271 62309 SH SOLE 0 0 62309
ROHM & HAAS CO. COMMON STOCK 775371107 2554 70708 SH SOLE 0 0 70708
ROWAN COS INC COMMON STOCK 779382100 430 26474 SH SOLE 0 0 26474
RUSSELL CORP COMMON STOCK 782352108 154 10865 SH SOLE 0 0 10865
RYDER SYSTEM INC. COMMON STOCK 783549108 461 22604 SH SOLE 0 0 22604
S B C COMMINICATIONS INC COMMON STOCK 78387G103 32953 645342 SH SOLE 0 0 645342
SAFECO CORP COMMON STOCK 786429100 1324 47283 SH SOLE 0 0 47283
SAFEWAY INC COMMON STOCK 786514208 6198 162834 SH SOLE 0 0 162834
SAINT JUDE MEDICAL INC COMMON STOCK 790849103 851 27017 SH SOLE 0 0 27017
SAINT PAUL COMPANIES COMMON STOCK 792860108 1996 72593 SH SOLE 0 0 72593
SARA LEE CORP COMMON STOCK 803111103 7026 300593 SH SOLE 0 0 300593
SCHERING-PLOUGH CORP. COMMON STOCK 806605101 21268 487509 SH SOLE 0 0 487509
SCIENTIFIC ATLANTA INC COMMON STOCK 808655104 1195 24120 SH SOLE 0 0 24120
SEAGATE TECHNOLOGY COMMON STOCK 811804103 2187 71425 SH SOLE 0 0 71425
SEALED AIR CORP NEW COMMON STOCK 81211K100 1371 26727 SH SOLE 0 0 26727
SEARS, ROEBUCK & CO. COMMON STOCK 812387108 3839 122352 SH SOLE 0 0 122352
SEMPRA ENGERY COMMON STOCK 816851109 1601 76947 SH SOLE 0 0 76947
SERVICE CORP INT'L COMMON STOCK 817565104 921 87206 SH SOLE 0 0 87206
SHARED MEDICAL SYSTEMS COMMON STOCK 819486101 400 8564 SH SOLE 0 0 8564
SHERWIN-WILLIAMS CO. COMMON STOCK 824348106 1140 54442 SH SOLE 0 0 54442
SIGMA ALDRICH CORP COMMON STOCK 826552101 1024 32252 SH SOLE 0 0 32252
SILICON GRAPHICS COMMON STOCK 827056102 660 60387 SH SOLE 0 0 60387
SLM HOLDING COMMON STOCK 78442A109 2730 63479 SH SOLE 0 0 63479
SNAP-ON,INC COMMON STOCK 833034101 683 21011 SH SOLE 0 0 21011
SOLECTRON CORP COMMON STOCK 834182107 6190 86197 SH SOLE 0 0 86197
SONAT, INC. COMMON STOCK 835415100 1399 35241 SH SOLE 0 0 35241
SOUTHERN CO. COMMON STOCK 842587107 5983 232346 SH SOLE 0 0 232346
SOUTHTRUST CORP COMMON STOCK 844730101 1926 53675 SH SOLE 0 0 53675
SOUTHWEST AIRLINES COMMON STOCK 844741108 2473 162834 SH SOLE 0 0 162834
SPRINT CORP COMMON STOCK 852061506 10524 141143 SH SOLE 0 0 141143
SPRINT CORPORATION COMMON STOCK 852061100 15321 282418 SH SOLE 0 0 282418
STANLEY WORKS COMMON STOCK 854616109 714 28340 SH SOLE 0 0 28340
STAPLES INC COMMON STOCK 855030102 3253 149144 SH SOLE 0 0 149144
STATE STR CORP COMMON STOCK 857477103 3337 51630 SH SOLE 0 0 51630
SUIZA FOODS CORP COMMON STOCK 865077101 394 10500 SH SOLE 0 0 10500
SUMMIT BANCORP COMMON STOCK 866005101 1779 54854 SH SOLE 0 0 54854
SUN MICROSYSTEMS COMMON STOCK 866810104 23673 254545 SH SOLE 0 0 254545
SUN TRUST BANKS COMMON STOCK 867914103 6776 103055 SH SOLE 0 0 103055
SUNOCO INC. COMMON STOCK 86764P109 794 28988 SH SOLE 0 0 28988
SUPERVALU INC COMMON STOCK 868536103 972 44038 SH SOLE 0 0 44038
SYNOVUS FINL CORP COMMON STOCK 87161C105 1622 86798 SH SOLE 0 0 86798
SYSCO CORP COMMON STOCK 871829107 3758 107174 SH SOLE 0 0 107174
T J X COMPANIES INC NEW COMMON STOCK 872540109 2893 103081 SH SOLE 0 0 103081
T R W INC COMMON STOCK 872649108 2330 46842 SH SOLE 0 0 46842
TANDY CORP. COMMON STOCK 875382103 3199 61888 SH SOLE 0 0 61888
TEKTRONIX INC. COMMON STOCK 879131100 499 14897 SH SOLE 0 0 14897
TELLABS INC COMMON STOCK 879664100 7687 135002 SH SOLE 0 0 135002
TEMPLE INLAND INC. COMMON STOCK 879868107 1094 17931 SH SOLE 0 0 17931
TENET HEALTHCARE CORPORATION COMMON STOCK 88033G100 1748 99556 SH SOLE 0 0 99556
TENNECO INC NEW COMMON STOCK 88037E101 927 54521 SH SOLE 0 0 54521
TERADYNE INC COMMON STOCK 880770102 402 11400 SH SOLE 0 0 11400
TEXACO, INC. COMMON STOCK 881694103 11065 175295 SH SOLE 0 0 175295
TEXAS INSTRUMENTS INC. COMMON STOCK 882508104 20985 255136 SH SOLE 0 0 255136
TEXAS UTILITIES COMMON STOCK 882848104 3409 91351 SH SOLE 0 0 91351
TEXTRON INCORPORATED COMMON STOCK 883203101 3777 48810 SH SOLE 0 0 48810
THE CHARLES SCHWAB CORPORATION COMMON STOCK 808513105 9015 269594 SH SOLE 0 0 269594
THE DUN & BRADSTREET CORP NEW COMMON STOCK 26483B106 1571 52594 SH SOLE 0 0 52594
THERMO ELECTRON CP COMMON STOCK 883556102 679 50504 SH SOLE 0 0 50504
THOMAS & BETTS CORP. COMMON STOCK 884315102 929 18223 SH SOLE 0 0 18223
TIME-WARNER, INC. COMMON STOCK 887315109 23783 391496 SH SOLE 0 0 391496
TIMES MIRROR CO NEW COMMON STOCK 887364107 1518 23058 SH SOLE 0 0 23058
TIMKEN CO COMMON STOCK 887389104 318 19723 SH SOLE 0 0 19723
TORCHMARK CORP COMMON STOCK 891027104 1103 42627 SH SOLE 0 0 42627
TOSCO CORP COMMON STOCK 891490302 263 10400 SH SOLE 0 0 10400
TOYS R USINC COMMON STOCK 892335100 1194 79593 SH SOLE 0 0 79593
TRANSOCEAN OFFSHORE INC CAYMAN COMMON STOCK G90076103 309 10100 SH SOLE 0 0 10100
TRIBUNE CO COMMON STOCK 896047107 3938 79164 SH SOLE 0 0 79164
TRICON GLOBAL RESTAURANTS INC COMMON STOCK 895953107 2028 49528 SH SOLE 0 0 49528
TRINITY IND INC COMMON STOCK 896522109 290 9400 SH SOLE 0 0 9400
TUPPERWARE CORP COMMON STOCK 899896104 372 18349 SH SOLE 0 0 18349
TYCO INTL LTD NEW COMMON STOCK 902124106 28377 274836 SH SOLE 0 0 274836
U S BANCORP NEW COMMON STOCK 902973106 7312 242236 SH SOLE 0 0 242236
U S T INC COMMON STOCK 902911106 1710 56657 SH SOLE 0 0 56657
U S X MARATHON GROUP COMMON STOCK 902905827 3066 104832 SH SOLE 0 0 104832
U S X-U.S. STEEL GROUP INC COMMON STOCK 90337T101 727 28222 SH SOLE 0 0 28222
UAL CORP COMMON STOCK 902549500 353 5400 SH SOLE 0 0 5400
UNICOM CORP.. COMMON STOCK 904911104 2784 75370 SH SOLE 0 0 75370
UNION CARBIDE CORP. COMMON STOCK 905581104 2447 43067 SH SOLE 0 0 43067
UNION PACIFIC CORP. COMMON STOCK 907818108 4059 84458 SH SOLE 0 0 84458
UNION PACIFIC RESOURCES GROUP COMMON STOCK 907834105 1315 80893 SH SOLE 0 0 80893
UNION PLANTERS CORP COMMON STOCK 908068109 1863 45711 SH SOLE 0 0 45711
UNISYS CORP COMMON STOCK 909214108 4250 94185 SH SOLE 0 0 94185
UNITED HEALTHCARE CORP COMMON STOCK 910581107 2774 56975 SH SOLE 0 0 56975
UNITED TECHNOLOGIES CORP. COMMON STOCK 913017109 9478 159804 SH SOLE 0 0 159804
UNIVERSAL CORP VA COMMON STOCK 913456109 212 8100 SH SOLE 0 0 8100
UNOCAL CORP COMMON STOCK 915289102 3102 83701 SH SOLE 0 0 83701
UNUMPROVIDENT CORP COMMON STOCK 91529Y106 2252 76486 SH SOLE 0 0 76486
US AIR GROUP, INC COMMON STOCK 911905107 620 23633 SH SOLE 0 0 23633
US WEST INC. NEW COMMON STOCK 91273H101 9228 161719 SH SOLE 0 0 161719
V.F. CORP. COMMON STOCK 918204108 1186 38243 SH SOLE 0 0 38243
VIACOM, INC. NEW COMMON STOCK 925524308 9368 221731 SH SOLE 0 0 221731
VULCAN MATERIAL COMMON STOCK 929160109 1179 32200 SH SOLE 0 0 32200
WACHOVIA CORP COMMON STOCK 929771103 5121 65132 SH SOLE 0 0 65132
WAL-MART STORES, INC. COMMON STOCK 931142103 69539 1462060 SH SOLE 0 0 1462060
WALGREEN CO. COMMON STOCK 931422109 8339 328616 SH SOLE 0 0 328616
WARNER-LAMBERT CO. COMMON STOCK 934488107 18775 282860 SH SOLE 0 0 282860
WASHINGTON MUT INC COMMON STOCK 939322103 5589 191063 SH SOLE 0 0 191063
WASTE MANAGEMENT COMMON STOCK 94106L109 3768 195749 SH SOLE 0 0 195749
WATSON PHARMACEUTICALS INC COMMON STOCK 942683103 935 30607 SH SOLE 0 0 30607
WELLPOINT HEALTH NETWORK INC COMMON STOCK 94973H108 1231 21600 SH SOLE 0 0 21600
WELLS FARGO & CO COMMON STOCK 949746101 21446 541231 SH SOLE 0 0 541231
WENDYS INTL INC COMMON STOCK 950590109 1044 39386 SH SOLE 0 0 39386
WESTVACO CORP COMMON STOCK 961548104 822 32060 SH SOLE 0 0 32060
WEYERHAEUSER CO. COMMON STOCK 962166104 3769 65397 SH SOLE 0 0 65397
WHIRLPOOL CORP. COMMON STOCK 963320106 1582 24215 SH SOLE 0 0 24215
WILLIAMETTE IND INC COMMON STOCK 969133107 1676 38854 SH SOLE 0 0 38854
WILLIAMS COS COMMON STOCK 969457100 5696 151377 SH SOLE 0 0 151377
WINN DIXIE STORES COMMON STOCK 974280109 1414 47617 SH SOLE 0 0 47617
WORTHINGTON INDS INC COMMON STOCK 981811102 498 29321 SH SOLE 0 0 29321
WRIGLEY WM JR COMMON STOCK 982526105 2567 37307 SH SOLE 0 0 37307
XEROX CORP. COMMON STOCK 984121103 9115 217352 SH SOLE 0 0 217352
3COM CORP COMMON STOCK 885535104 3324 115620 SH SOLE 0 0 115620
ALCAN ALUMINIUM CDN COMMON STOCK 013716105 2264 72452 SH SOLE 0 0 72452
BARRICK GOLD COMMON STOCK 067901108 2720 125055 SH SOLE 0 0 125055
CANADIAN NATL RY CO COMMON STOCK 136375102 200 6600 SH SOLE 0 0 6600
INCO, LTD. CDN COMMON STOCK 453258402 1312 61372 SH SOLE 0 0 61372
LAIDLAW INC CL. A COMMON STOCK 50730K503 715 105910 SH SOLE 0 0 105910
NORTEL NETWORKS COMMON STOCK 656569100 21785 427150 SH SOLE 0 0 427150
PLACER DOME INC COMMON STOCK 725906101 1551 104267 SH SOLE 0 0 104267
ROYAL DUTCH PETE CO COMMON STOCK 780257804 41647 705139 SH SOLE 0 0 705139
SCHLUMBERGER, LTD. COMMON STOCK 806857108 10942 175603 SH SOLE 0 0 175603
SEAGRAM LTD COMMON STOCK 811850106 6252 137403 SH SOLE 0 0 137403
UNILEVER N V COMMON STOCK 904784709 12501 183508 SH SOLE 0 0 183508
XL CAPITAL LTD COMMON STOCK G98255105 212 4700 SH SOLE 0 0 4700
</TABLE>
