SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for Calendar Year or Quarter Ended: MAR 31,2000
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: Burnham, Sullivan & Associates
Address: 77 Monroe Center
Suite 1200
Grand Rapids, Michigan 49503
13f File Number: 801-38037
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: Sandy L. Burnham
Title: Secretary/Treasurer
Phone: 616-459-1043
Signature, Place, and Date of Signing:
Sandy L. Burnham Grand Rapids, Michigan May 1, 2000
Report Type (Check only one) :
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager :
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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SEC13F.LNS BSA
FORM 13F SUMMARY PAGE
AS OF DATE: 03/31/00
RUN DATE: 05/01/00 10:13 A.M.
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 245
FORM 13F INFORMATION TABLE VALUE TOTAL: $412,165,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
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<TABLE>
<C> <C>
FORM 13F INFORMATION TABLE
AS OF DATE: 03/31/00
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 LABS COM 002824100 4963 141058 SH SOLE 141058 0 0
ABN AMRO CAP FUND TST II 7.125 PREFERRED STOCKS 00371T206 1312 65200 SH SOLE 65200 0 0
ADC TELECOMMUNICATION INC COM COM 000886101 12695 235635 SH SOLE 235635 0 0
ALLIANCE CAPITAL UNIT COM 01855A101 340 8200 SH SOLE 8200 0 0
ALLSTATE FINANCING I 7.95% PRE PREFERRED STOCKS 020013207 970 43100 SH SOLE 43100 0 0
ALTERA CORP COM COM 021441100 1035 11600 SH SOLE 11600 0 0
AMERICA ONLINE INC COM COM 02364J104 3792 56235 SH SOLE 56235 0 0
AMERICAN EXPRESS CO COM 025816109 990 6645 SH SOLE 6645 0 0
AMERICAN HOME PRODS CORP COM 026609107 570 10600 SH SOLE 10600 0 0
AMERICAN INTL GROUP INC COM 026874107 3971 36261 SH SOLE 36261 0 0
AMERICAN ITALIAN PASTA CO CL A COM 027070101 903 36675 SH SOLE 36675 0 0
AMERICAN PWR CONVERSION CORPCO COM 029066107 3274 76350 SH SOLE 76350 0 0
AMERICAN WTR WKS INC COM 030411102 490 20650 SH SOLE 20650 0 0
AMERICAS POWER PARTNERS INC. S PREFERRED STOCKS 031000995 400 266667 SH SOLE 266667 0 0
AMGEN INC COM 031162100 8013 130555 SH SOLE 130555 0 0
AMSOUTH BANCORP COM 032165102 1748 117050 SH SOLE 117050 0 0
ANCHOR BANCORP WIS INC COM 032839102 290 18294 SH SOLE 18294 0 0
ARMSTRONG WORLD 7.450% PFD PREFERRED STOCKS 042476606 264 13500 SH SOLE 13500 0 0
ASSOCIATED BANC CORP COM COM 045487105 522 17470 SH SOLE 17470 0 0
AT & T CORP. COM 001957109 4120 73157 SH SOLE 73157 0 0
ATOPIX COM 777777777 220 220000 SH SOLE 220000 0 0
AT&T CAP CORP 8.125% PFD PREFERRED STOCKS 00206J308 1448 60000 SH SOLE 60000 0 0
AT&T CAP CORP 8.25% PFD 11/15/ PREFERRED STOCKS 00206J209 2617 108050 SH SOLE 108050 0 0
AUTOMATIC DATA PROCESSING COM COM 053015103 202 4191 SH SOLE 4191 0 0
AVON PRODUCTS INC COM 054303102 377 12900 SH SOLE 12900 0 0
BANCWEST CORP NEW COM COM 059790105 229 11612 SH SOLE 11612 0 0
BANK OF MONTREAL COM 063671101 468 13330 SH SOLE 13330 0 0
BANK ONE CORP COM COM 06423A103 530 15423 SH SOLE 15423 0 0
BELLSOUTH CORP COM COM 079860102 590 12577 SH SOLE 12577 0 0
BIOGEN N V COM 090597105 1867 26715 SH SOLE 26715 0 0
BIOMET INC COM COM 090613100 429 11800 SH SOLE 11800 0 0
BMC SOFTWARE INC COM COM 055921100 1160 23500 SH SOLE 23500 0 0
BOSTON SCIENTIFIC CORP COM 101137107 1105 51850 SH SOLE 51850 0 0
BRISTOL MYERS SQUIBB CO COM COM 110122108 5245 90432 SH SOLE 90432 0 0
BSCH FINANCE LTD (SANTANDER) 7 PREFERRED STOCKS YY5018790 257 12000 SH SOLE 12000 0 0
CALEDONIA FINANCIAL CORP COM 129267100 490 6800 SH SOLE 6800 0 0
CAMPBELL SOUP CO COM 134429109 1218 39603 SH SOLE 39603 0 0
CAPITAL ONE FINL CORP COM COM 14040H105 1023 21350 SH SOLE 21350 0 0
CAPITOL TR I 8.50% PREFERRED PREFERRED STOCKS 14064B208 424 58500 SH SOLE 58500 0 0
CENTURYTEL, INC COM 156700106 438 11800 SH SOLE 11800 0 0
CHARTER ONE FINCL INC COM COM 160903100 352 16758 SH SOLE 16758 0 0
CHASE CAP VII 7.000% 05/15/29 PREFERRED STOCKS 16147M200 640 30500 SH SOLE 30500 0 0
CHASE MANHATTAN CORP NEW COM COM 16161A108 433 4962 SH SOLE 4962 0 0
CHIRON CORP COM COM 170040109 471 9450 SH SOLE 9450 0 0
CISCO SYS INC COM 17275R102 13416 173534 SH SOLE 173534 0 0
CITIGROUP CAP I TR PF SECS 8.0 PREFERRED STOCKS 17305F201 430 18300 SH SOLE 18300 0 0
CITIGROUP INC. COM 172967101 3736 62393 SH SOLE 62393 0 0
CITIZENS BANKING CORP MI COM COM 174420109 235 12031 SH SOLE 12031 0 0
COCA COLA CO COM 191216100 1582 33709 SH SOLE 33709 0 0
COLUMBIA BKG SYS INC COM COM 197236102 512 43562 SH SOLE 43562 0 0
COMERICA INC COM 200340107 482 11509 SH SOLE 11509 0 0
COMPAQ COMPUTER CORP COM 204493100 344 12874 SH SOLE 12874 0 0
COMPUTER ASSOC INTL INC COM COM 204912109 293 4950 SH SOLE 4950 0 0
CORNING INC COM 219350105 1762 9083 SH SOLE 9083 0 0
COSTCO WHOLESALE CORP COM 22160K105 836 15900 SH SOLE 15900 0 0
CRYOLIFE INC COM COM 228903100 2417 134250 SH SOLE 134250 0 0
CYTYC CORP COM COM 232946103 388 8050 SH SOLE 8050 0 0
DISNEY WALT PRODTNS COM 254687106 3697 89624 SH SOLE 89624 0 0
DOMINI SOCIAL INDEX FD SH BEN MUTUAL FUNDS 257132100 208 4827 SH SOLE 4827 0 0
DOW CHEMICAL CORP COM 260543103 200 1750 SH SOLE 1750 0 0
DU PONT E I DE NEMOURS CO COM 263534109 259 4900 SH SOLE 4900 0 0
E M C CORP MASS COM 268648102 741 5882 SH SOLE 5882 0 0
ECI TELECOM LTD COM COM 268258100 213 6800 SH SOLE 6800 0 0
ELAN PLC ADR COM 284131208 257 5400 SH SOLE 5400 0 0
ENRON CAP TR 8.125% PFD PREFERRED STOCKS 29357P201 210 9000 SH SOLE 9000 0 0
ENRON CORP COM COM 293561106 1292 17260 SH SOLE 17260 0 0
EQUITABLE IOWA 8.700% PFD 07/3 PREFERRED STOCKS 294513205 526 21250 SH SOLE 21250 0 0
EQUITABLE RES INC COM COM 294549100 227 5062 SH SOLE 5062 0 0
EQUITABLE RESOURCES 7.35% 4/15 PREFERRED STOCKS 294550207 243 12000 SH SOLE 12000 0 0
ERICSSON L M TEL CO ADR CL B S COM 294821400 13503 143940 SH SOLE 143940 0 0
EXXON MOBIL CORP COM 30231G102 1461 18741 SH SOLE 18741 0 0
FARMERS GROUP 8.25% PFD PREFERRED STOCKS 309900207 558 24000 SH SOLE 24000 0 0
FARMERS GROUP CAPITAL 8.45% PF PREFERRED STOCKS 309593200 1362 58250 SH SOLE 58250 0 0
FCNB CAP TR PFD 8.25% PREFERRED STOCKS 30243V204 540 26000 SH SOLE 26000 0 0
FEDERAL HOME LN MTG CORP COM COM 313400301 338 7644 SH SOLE 7644 0 0
FEDERAL NAT MORTGAGE ASSN COM 313586109 498 8805 SH SOLE 8805 0 0
FEDEX CORP COM 31428X106 1666 42920 SH SOLE 42920 0 0
FIRST DATA CORP COM COM 319963104 229 5165 SH SOLE 5165 0 0
FIRST MIDWEST BANCORP COM COM 320867104 944 38921 SH SOLE 38921 0 0
FIRST OAK BROOK BANCSHARES CL COM 335847208 699 44758 SH SOLE 44758 0 0
FIRST SEC CORP DEL COM 336294103 3064 255358 SH SOLE 255358 0 0
FIRST UNION CORP COM 337358105 346 9286 SH SOLE 9286 0 0
FIRST VA BKS INC COM COM 337477103 593 15800 SH SOLE 15800 0 0
FIRST WEST BANCORP 9.375% PFD PREFERRED STOCKS 302681200 305 37000 SH SOLE 37000 0 0
FIRSTBANK CORP MICH COM COM 33761G104 672 33828 SH SOLE 33828 0 0
FISERV INC COM COM 337738108 812 21825 SH SOLE 21825 0 0
FLORIDA PROGRESS CORP COM 341109106 414 9025 SH SOLE 9025 0 0
FORT JAMES CORPORATION COM 347471104 308 14000 SH SOLE 14000 0 0
FRANKLIN RES INC COM 354613101 607 18150 SH SOLE 18150 0 0
G A P INC COM 364760108 493 9900 SH SOLE 9900 0 0
GENERAL ELEC CO COM 369604103 6752 43389 SH SOLE 43389 0 0
GENERAL ELEC CO COM 369604103 420 2700 SH OTHER 0 0 2700
GENERAL MILLS INC COM 370334104 1384 38246 SH SOLE 38246 0 0
GENERAL MTRS CAP TR G 9.87% TO PREFERRED STOCKS 370440208 398 15400 SH SOLE 15400 0 0
GENERAL MTRS CORP COM 370442105 211 2552 SH SOLE 2552 0 0
GENZYME CORP COM 372917104 223 4450 SH SOLE 4450 0 0
GEORGIA PAC CORP PEPS UNITS PREFERRED STOCKS 373298801 269 6300 SH SOLE 6300 0 0
GILLETTE CO COM 375766102 2141 56811 SH SOLE 56811 0 0
GRUPO FINANCIERO BANCOMER SAOR FOREIGN COMMON S P4949K179 7 13000 SH SOLE 13000 0 0
GTE CORP COM 362320103 1301 18325 SH SOLE 18325 0 0
GUIDANT CORP COM COM 401698105 852 14470 SH SOLE 14470 0 0
HARLEY DAVIDSON INC COM COM 412822108 212 5340 SH SOLE 5340 0 0
HARRIS CAP 7.375% PFD SER A PREFERRED STOCKS 414567206 466 22800 SH SOLE 22800 0 0
HARTFORD LIFE 7.20% 06/30/38 S PREFERRED STOCKS 416590206 289 13600 SH SOLE 13600 0 0
HARTFORD LIFE INC CL A COM 416592103 607 12950 SH SOLE 12950 0 0
HAWAIIAN ELECTRIC 8.36% PFD PREFERRED STOCKS 41987M201 323 14500 SH SOLE 14500 0 0
HEWLETT PACKARD CO COM 428236103 5438 41024 SH SOLE 41024 0 0
HOME DEPOT INC COM 437076102 4374 67808 SH SOLE 67808 0 0
HONEYWELL INTERNATIONAL, INC. COM 438516106 210 3989 SH SOLE 3989 0 0
HOUSTON LIGHT & POWER CAP TRUS PREFERRED STOCKS 404202202 413 19000 SH SOLE 19000 0 0
HUDSON UTD BANCORP COM COM 444165104 376 17348 SH SOLE 17348 0 0
HUNTINGTON BANCSHARES INC COM COM 446150104 457 20427 SH SOLE 20427 0 0
ICG COMMUNICATIONS INC COM COM 449246107 766 21200 SH SOLE 21200 0 0
IMMUNEX CORP NEW COM COM 452528102 409 6450 SH SOLE 6450 0 0
INCYTE PHARMACEUTICALS INC COM COM 45337C102 1285 14700 SH SOLE 14700 0 0
INDEPENDENT BK CORP COM COM 453838104 185 14545 SH SOLE 14545 0 0
INNOTRAC CORP COM COM 45767M109 74 10000 SH SOLE 10000 0 0
INTEL CORP COM 458140100 13596 103052 SH SOLE 103052 0 0
INTERNATIONAL BUSINESS MACHINE COM 459200101 9271 78569 SH SOLE 78569 0 0
INTERNET HOLDRS TR DR HOLDRS COM 46059W102 366 2200 SH SOLE 2200 0 0
INTL PAPER CAP 7.875% PFD PREFERRED STOCKS 460140205 851 38900 SH SOLE 38900 0 0
IONICS INC COM COM 462218108 648 25350 SH SOLE 25350 0 0
ITT HARTFORD CAPITAL QUIPS 7.7 PREFERRED STOCKS 416315208 277 12800 SH SOLE 12800 0 0
JOHNSON & JOHNSON COM 478160104 5335 75948 SH SOLE 75948 0 0
KEANE INC COM COM 486665102 307 12150 SH SOLE 12150 0 0
KELLOGG CO COM 487836108 798 31000 SH SOLE 31000 0 0
KENETECH CORP COM COM 488878109 47 75000 SH SOLE 75000 0 0
LEXMARK INTL GROUP INC CL A COM 529771107 3747 35430 SH SOLE 35430 0 0
LILLY ELI & CO COM 532457108 4898 78218 SH SOLE 78218 0 0
LINCOLN NATL CAP I GTD QUIPS 8 PREFERRED STOCKS 534177209 914 39100 SH SOLE 39100 0 0
LML PMT SYS INC COM COM 50208P109 1196 46900 SH SOLE 46900 0 0
LUCENT TECHNOLOGIES COM 549463107 5762 92930 SH SOLE 92930 0 0
MARRIOTT INTL INC NEW CL A COM 571903202 354 11250 SH SOLE 11250 0 0
MATRITECH INC COM COM 576818108 939 92700 SH SOLE 92700 0 0
MAXIM INTEGRATED PRODS INC COM COM 57772K101 263 3700 SH SOLE 3700 0 0
MBNA CORP COM 55262L100 378 14834 SH SOLE 14834 0 0
MCDONALDS CORP COM 580135101 211 5648 SH SOLE 5648 0 0
MCI WORLDCOM COM 55268B106 9007 198778 SH SOLE 198778 0 0
MCN FINANCING I 8.625% PREFERR PREFERRED STOCKS 55268J208 628 28300 SH SOLE 28300 0 0
MCN-MI 9.375% CUM PFD SER A PREFERRED STOCKS 55268M201 1471 61950 SH SOLE 61950 0 0
MEDIAONE FING B TR ORG PFD 8.2 PREFERRED STOCKS 583938204 683 29700 SH SOLE 29700 0 0
MEDTRONIC INC COM 585055106 7253 140998 SH SOLE 140998 0 0
MELLON FINL CORP COM 58551A108 1751 58850 SH SOLE 58850 0 0
MERCHANTS & MFRS BANCORP INCCO COM 588327106 277 7700 SH SOLE 7700 0 0
MERCK & CO COM 589331107 7880 126836 SH SOLE 126836 0 0
MGIC INVT CORP WIS COM COM 552848103 506 11600 SH SOLE 11600 0 0
MICROSOFT CORP COM 594918104 13331 125464 SH SOLE 125464 0 0
MOLEX INC COM COM 608554101 573 9749 SH SOLE 9749 0 0
MONSANTO CO COM 611662107 618 12000 SH SOLE 12000 0 0
MONTANA POWER 8.45% PREFERRED PREFERRED STOCKS 612083204 348 14500 SH SOLE 14500 0 0
MORGAN J P 7.95% 02/01/27 PREFERRED STOCKS 46623MAA9 845 9000 SH SOLE 9000 0 0
MORGAN J.P. & CO INC COM 616880100 480 3640 SH SOLE 3640 0 0
MORGAN STANLY DN WTTR DISCVRCO COM 617446448 1650 19910 SH SOLE 19910 0 0
NATIONAL AUSTRALIA BANK TRUEPR PREFERRED STOCKS 628714206 1687 75800 SH SOLE 75800 0 0
NATIONAL CITY CORP COM COM 635405103 1798 87190 SH SOLE 87190 0 0
NETWORKS ASSOCS INC COM COM 640938106 409 12675 SH SOLE 12675 0 0
NEW YORK TIMES CO CLASS A COM 650111107 485 11300 SH SOLE 11300 0 0
NOKIA CORP ADR SPONSORED COM 654902204 6106 110020 SH SOLE 110020 0 0
NORTEL NETWORKS CORP COM COM 656569100 9264 73520 SH SOLE 73520 0 0
NORTH FORK BANCORP INC N Y COM COM 659424105 472 26401 SH SOLE 26401 0 0
NORTHWESTERN BANCORP - TRAVERS COM 667991103 433 3800 SH SOLE 3800 0 0
NOVA CORP GA COM COM 669784100 679 23300 SH SOLE 23300 0 0
NOVARTIS AG - ADR COM 66987V109 1097 16043 SH SOLE 16043 0 0
NUVEEN FL INV QUAL MUN MARP T PREFERRED STOCKS 670970201 200 8 SH SOLE 8 0 0
NVID INTL INC COM COM 62944Y104 11 20000 SH SOLE 20000 0 0
OLD KENT FINANCIAL CORP COM 679833103 9449 295283 SH SOLE 295283 0 0
ORACLE SYS CORP COM 68389X105 995 12743 SH SOLE 12743 0 0
OTTAWA FINANCIAL CORP COM 689389104 1976 112093 SH SOLE 112093 0 0
PAC TEL PFD 7.56% PREFERRED STOCKS 694887209 945 43006 SH SOLE 43006 0 0
PACIFIC GAS & ELEC 7.90% PFD Q PREFERRED STOCKS 69331F200 536 24000 SH SOLE 24000 0 0
PACIFIC TELESIS FING II TOPS 8 PREFERRED STOCKS 694889205 413 17000 SH SOLE 17000 0 0
PE BIOSYSTEMS GROUP COM COM 69332S102 4250 44040 SH SOLE 44040 0 0
PE CORP COM CLRA GENOMC COM 69332S201 1796 19496 SH SOLE 19496 0 0
PELICAN FINL INC COM COM 705808103 52 12500 SH SOLE 12500 0 0
PEOPLE'S BANCSHARES 9.76% PFD PREFERRED STOCKS 709793202 715 73300 SH SOLE 73300 0 0
PEPSICO INC COM 713448108 1108 31761 SH SOLE 31761 0 0
PFIZER INC COM 717081103 5247 143513 SH SOLE 143513 0 0
PN HOLDINGS INC DELE COM 693464976 105 28000 SH SOLE 28000 0 0
PRICE T ROWE & ASSOC INC COM COM 741477103 423 10710 SH SOLE 10710 0 0
PROCTER & GAMBLE CO COM 742718109 3374 59720 SH SOLE 59720 0 0
PROFESSIONALS GROUP, INC COM 742954100 1648 85355 SH SOLE 85355 0 0
PROVIDENT BANKSHARES CORP COM COM 743859100 195 12976 SH SOLE 12976 0 0
QUAKER OATS CO COM 747402105 661 10900 SH SOLE 10900 0 0
QWEST COMMUNICATIONS INTL INCO COM 749121109 5026 104710 SH SOLE 104710 0 0
RELIANCE CAPITAL TRUST PFD 8.1 PREFERRED STOCKS 759454AA9 508 5000 SH SOLE 5000 0 0
RENAL CARE GROUP INC COM COM 759930100 696 32075 SH SOLE 32075 0 0
REPUBLIC BANCORP INC COM COM 760282103 95 10196 SH SOLE 10196 0 0
REPUBLIC SEC FINL CORP COM COM 760758102 618 94224 SH SOLE 94224 0 0
ROCHE HOLDINGS DIV RT CERT COM 434990131 1041 96 SH SOLE 96 0 0
ROCHE HOLDINGS LTD-SPONS ADR COM 771195104 6930 63807 SH SOLE 63807 0 0
ROYAL BANK OF SCOTLAND 8.000% PREFERRED STOCKS 780097861 955 42700 SH SOLE 42700 0 0
ROYAL BANK OF SCOTLAND 9.00% P PREFERRED STOCKS 780097705 418 18700 SH SOLE 18700 0 0
ROYAL BANK OF SCOTLAND SER J 8 PREFERRED STOCKS 780097853 284 12000 SH SOLE 12000 0 0
ROYAL BANK SCOTLAND 7.40% SER PREFERRED STOCKS 780097887 438 21300 SH SOLE 21300 0 0
ROYAL BK SCOTLAND GROUP PLC SP PREFERRED STOCKS 780097309 1066 41790 SH SOLE 41790 0 0
SAFEWAY INC COM NEW COM 786514208 1633 36082 SH SOLE 36082 0 0
SBC COMMUNICATIONS, INC COMMON COM 78387G103 1392 33041 SH SOLE 33041 0 0
SCHERING PLOUGH CORP COM 806605101 7865 211863 SH SOLE 211863 0 0
SCI SYS INC COM COM 783890106 1118 20800 SH SOLE 20800 0 0
SIDEWARE SYS INC COM COM 825907108 300 30000 SH SOLE 30000 0 0
SMITHKLINE BEECHAM PLC ADR RPS COM 832378301 311 4704 SH SOLE 4704 0 0
SOLECTRON CORP COM COM 834182107 362 9020 SH SOLE 9020 0 0
SOUTHWEST GAS CAPITAL I 9.125% PREFERRED STOCKS 844887208 492 20400 SH SOLE 20400 0 0
SPDR TR COM 78462F103 497 3303 SH SOLE 3303 0 0
SSBH CAP I 7.20% PFD PREFERRED STOCKS 784646200 439 21700 SH SOLE 21700 0 0
STAAR SURGICAL CO COM NEW PAR$ COM 852312305 330 28400 SH SOLE 28400 0 0
STAPLES INC COM 855030102 856 42815 SH SOLE 42815 0 0
STRYKER CORP COM 863667101 6364 91239 SH SOLE 91239 0 0
SUMMIT BANCORP COM COM 866005101 330 12567 SH SOLE 12567 0 0
SUN MICROSYSTEMS INC COM COM 866810104 5993 63952 SH SOLE 63952 0 0
SUNTRUST BANKS INC COM COM 867914103 1775 30738 SH SOLE 30738 0 0
SYSCO CORP COM 871829107 634 17550 SH SOLE 17550 0 0
TCF FINL CORP COM 872275102 1295 54368 SH SOLE 54368 0 0
TELLABS INC COM 879664100 6572 104340 SH SOLE 104340 0 0
TEXAS INSTRUMENTS INC COM 882508104 8035 50216 SH SOLE 50216 0 0
TIME WARNER INC COM 887315109 548 5480 SH SOLE 5480 0 0
TRANSCANADA PIPE 8.50% PFD 9/3 PREFERRED STOCKS 893526756 276 12400 SH SOLE 12400 0 0
TRANSCANANDA PIPELINE 8.250% 1 PREFERRED STOCKS 893526723 1445 66600 SH SOLE 66600 0 0
TRAVELERS P&C CAP 8.08% PREFER PREFERRED STOCKS 893931204 1032 44500 SH SOLE 44500 0 0
TRIBUNE CO COM COM 896047107 6867 187826 SH SOLE 187826 0 0
TRW INC COM 872649108 206 3520 SH SOLE 3520 0 0
TURBODYNE TECHNOLOGIES CORP CO COM 899905103 46 18500 SH SOLE 18500 0 0
TYCO INTL LTD NEW COM COM 902124106 1143 22806 SH SOLE 22806 0 0
UNITED PARCEL SERVICE COM 911312106 309 4900 SH SOLE 4900 0 0
US BANCORP 7.20% 4/1/28 PFD PREFERRED STOCKS 90332M200 469 23000 SH SOLE 23000 0 0
USBANCORP 8.45% 6/30/28 SERIES PREFERRED STOCKS 91729W207 674 35000 SH SOLE 35000 0 0
VODAFONE AIRTOUCH PLC ADR SPON COM 92857T107 589 10605 SH SOLE 10605 0 0
VRB BANCORP COM 918281106 67 13644 SH SOLE 13644 0 0
WAL MART STORES INC COM 931142103 670 11865 SH SOLE 11865 0 0
WALGREEN CO COM COM 931422109 560 21763 SH SOLE 21763 0 0
WARNER LAMBERT CO COM 934488107 410 4194 SH SOLE 4194 0 0
WATSON PHARMACEUTICALS INC COM COM 942683103 575 14500 SH SOLE 14500 0 0
WATTAGE MONITOR INC COM COM 94274R102 243 97060 SH SOLE 97060 0 0
WEBSTER CAP I 9.36% PREFERRED STOCKS 947689AA3 976 10000 SH SOLE 10000 0 0
WELLS FARGO NEW COM 949746101 584 14324 SH SOLE 14324 0 0
WINSTAR COMMUNICATIONS INC COM COM 975515107 1476 24600 SH SOLE 24600 0 0
WRIGLEY WM JR CO COM 982526105 965 12565 SH SOLE 12565 0 0
WSFS FINL CORP COM COM 929328102 249 20000 SH SOLE 20000 0 0
XILINX INC COM COM 983919101 2642 31908 SH SOLE 31908 0 0
X-RITE INC COM COM 983857103 522 51540 SH SOLE 51540 0 0
YARDVILLE CAP TR TR PFD SECS % PREFERRED STOCKS 985017201 949 110000 SH SOLE 110000 0 0
YOUNG & RUBICAM INC COM COM 987425105 761 16200 SH SOLE 16200 0 0
ZIONS BANCORP COM COM 989701107 887 21313 SH SOLE 21313 0 0
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