UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13 F COVER PAGE
Report for the Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Dearden, Maguire, Weaver and Barrett, Inc.
Address: One Tower Bridge, Suite 560
West Conshohocken, PA 19428
13F File Number: 15108
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: James M. Weaver
Title: President
Phone: 610-832-0277
Signature, Place, and Date of Signing:
James M. Weaver West Conshohocken, PA March 31, 1999
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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Nubmer of Other Included Managers: 0
Form 13F Information Table Entry Total: 311
Form 13F Information Table Value Total: $1,031,899,000
List of Other Included Managers:
No. 13F File Number Name
None
<PAGE>
<TABLE>
FORM 13F
INFORMATION TABLE
VALUE SHARES/ SH/
PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN
CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C> <C>
CALENERGY CAP TR PFD TIDES6.25 PFD CV 129465308 673 13000 SH
SOLE 13000
CNB CAP TR I SPURS 6% PFD CV 12613g207 1411 54800 SH
SOLE 54800
CORNING DEL L P PFD MIPS CV PFD CV 219319209 2600 28575 SH
SOLE 28575
CRESCENT REAL ESTATE PFD CV A PFD CV 225756204 252 15900 SH
SOLE 15900
ELSAG BAILEY FING TR TOPRS 5.5 PFD CV 290205301 1467 24000 SH
SOLE 24000
FREEPORT-MCMORAN COP&G PFD CV PFD CV 35671d501 635 40000 SH
SOLE 40000
INTERNATIONAL PAPERCAP PFD CV PFD CV 460137300 947 20000 SH
SOLE 20000
LABORATORY AMER HLDGS PFD CV B PFD CV 50540r300 1715 38967 SH
SOLE 38967
NEWELL FINL TR I QIPS CONV5.25 PFD CV 651195307 994 18000 SH
SOLE 18000
STATION CASINOS INC PFD CONV PFD CV 857689202 1940 40000 SH
SOLE 40000
UNION PAC CAP TR TIPES PFD CV 907824403 2593 52000 SH
SOLE 52000
UNITED RENTALS TR I QIPS CV 14 PFD CV 91136h207 1239 28000 SH
SOLE 28000
ABBOTT LABS COM COM 002824100 20589 439809 SH
SOLE 439809
AGCO CORP COM COM 001084102 66 10000 SH
SOLE 10000
AIRTOUCH COMMUNICATION COM COM 00949T100 348 3602 SH
SOLE 3602
ALBERTSONS INC COM COM 013104104 1625 29857 SH
SOLE 29857
ALLIANCE BANCORP N ENG COM COM 01852Q109 363 37195 SH
SOLE 37195
ALLIED IRISH BKS P L C SPONSD COM 019228402 3150 30436 SH
SOLE 30436
ALLIEDSIGNAL INC COM COM 019512102 342 6950 SH
SOLE 6950
ALLSTATE CORP COM COM 020002101 326 8792 SH
SOLE 8792
AMERADA HESS CORP COM COM 023551104 575 11308 SH
SOLE 11308
AMERICA ONLINE INC DEL COM COM 02364J104 322 2189 SH
SOLE 2189
AMERICAN EXPRESS CO COM COM 025816109 750 6371 SH
SOLE 6371
AMERICAN HOME PRODS CP COM COM 026609107 16491 252732 SH
SOLE 252732
AMERITECH CORP NEW COM COM 030954101 1196 20751 SH
SOLE 20751
AMGEN INC COM COM 031162100 17076 228059 SH
SOLE 228059
AMP INC COM COM 031897101 6023 112576 SH
SOLE 112576
ANDOVER BANCORP DEL COM COM 034258103 2520 92913 SH
SOLE 92913
ARCHER DANIELS MIDLAND COM COM 039483102 443 30153 SH
SOLE 30153
ASCEND COMMUNICATIONS COM COM 043491109 6388 76333 SH
SOLE 76333
ASSOCIATED BANC CORP COM COM 045487105 479 15000 SH
SOLE 15000
ASSOCIATES FIRST CAP CL A COM 046008108 565 12554 SH
SOLE 12554
ASTORIA FINL CORP COM COM 046265104 16237 324734 SH
SOLE 324734
AT&T CORP COM COM 001957109 8853 110922 SH
SOLE 110922
ATLANTIC RICHFIELD CO COM COM 048825103 7484 102348 SH
SOLE 102348
AUTOMATIC DATA PROCESS COM COM 053015103 4621 111696 SH
SOLE 111696
BANC ONE CORP COM COM 06423A103 18991 344893 SH
SOLE 344893
BANCORPSOUTH INC COM COM 059692103 790 49400 SH
SOLE 49400
BANCWEST CORP NEW COM COM 059790105 2106 49550 SH
SOLE 49550
BANK NEW YORK INC COM COM 064057102 2400 66775 SH
SOLE 66775
BANK RHODE IS COM COM 064576101 571 55000 SH
SOLE 55000
BANK UTD CORP CL A COM 065412108 955 23367 SH
SOLE 23367
BANKAMERICA CORP NEW COM COM 060505104 10201 144446 SH
SOLE 144446
BANKATLANTIC BANCORP CL A COM 065908501 233 33007 SH
SOLE 33007
BANKBOSTON CORP COM COM 06605R106 8785 202824 SH
SOLE 202824
BANKNORTH GRP INC DEL COM COM 06646L100 597 21150 SH
SOLE 21150
BAXTER INTL INC COM COM 071813109 7571 114710 SH
SOLE 114710
BAY VIEW CAP CP DEL COM COM 07262L101 1506 79772 SH
SOLE 79772
BB&T CORP COM COM 054937107 438 12114 SH
SOLE 12114
BECTON DICKINSON & CO COM COM 075887109 318 8301 SH
SOLE 8301
BELL ATLANTIC CORP COM COM 077853109 10629 205645 SH
SOLE 205645
BELLSOUTH CORP COM COM 079860102 6260 156266 SH
SOLE 156266
BESTFOODS COM COM 08658u101 910 19370 SH
SOLE 19370
BLACK & DECKER CORP COM COM 091797100 427 7700 SH
SOLE 7700
BOEING CO COM COM 097023105 1283 37733 SH
SOLE 37733
BOSTON SCIENTIFIC CORP COM COM 101137107 203 5001 SH
SOLE 5001
BP AMOCO P L C SPONSORED ADR COM 055622104 12177 120567 SH
SOLE 120567
BRASS EAGLE INC COM COM 10553F106 234 13000 SH
SOLE 13000
BRISTOL MYERS SQUIBB COM COM 110122108 24309 379090 SH
SOLE 379090
BURLINGTON NORTHN INC COM COM 121897102 230 7011 SH
SOLE 7011
CALIFORNIA FED BK FSB 2 CONT L COM 130209703 3140 273069 SH
SOLE 273069
CALIFORNIA FED BK FSB CONT LIT COM 130209604 252 22893 SH
SOLE 22893
CAMBRIDGE TECH PTNR MA COM COM 132524109 180 13000 SH
SOLE 13000
CAPITAL ONE FINL CORP COM COM 14040H105 2574 17049 SH
SOLE 17049
CBS INC COM COM 12490K107 343 8400 SH
SOLE 8400
CCB FINL CORP COM COM 124875105 7672 141917 SH
SOLE 141917
CENTURY BANCORP INC CL A NON V COM 156432106 539 31000 SH
SOLE 31000
CHARTER ONE FINL INC COM COM 160903100 2101 72810 SH
SOLE 72810
CHASE MANHATTAN CORP COM COM 16161A108 5970 73364 SH
SOLE 73364
CHEVRON CORPORATION COM COM 166751107 358 4034 SH
SOLE 4034
CHUBB CORP COM COM 171232101 236 4033 SH
SOLE 4033
CIGNA CORP COM COM 125509109 329 3923 SH
SOLE 3923
CISCO SYS INC COM COM 17275R102 1970 17978 SH
SOLE 17978
CITIGROUP INC COM COM 172967101 7580 118665 SH
SOLE 118665
CITIZENS FINL SVCS INC COM COM 174615104 205 10000 SH
SOLE 10000
CITY NATL CORP COM COM 178566105 772 25000 SH
SOLE 25000
CIVIC BANCORP COM COM 178788105 562 44992 SH
SOLE 44992
COAST FEDERAL LITIG TR RT COM 19034Q110 4934 831002 SH
SOLE 831002
COCA COLA CO COM COM 191216100 10517 171360 SH
SOLE 171360
COLGATE PALMOLIVE CO COM COM 194162103 278 3022 SH
SOLE 3022
COLONIAL BANCGROUP INC COM COM 195493309 1086 90500 SH
SOLE 90500
COLUMBIA FINL CORP COM COM 197642101 613 23140 SH
SOLE 23140
COMMERCIAL FEDERAL CP COM COM 201647104 7997 344876 SH
SOLE 344876
COMMONWEALTH FED SV PA COM COM 20268X102 936 61627 SH
SOLE 61627
COMPAQ COMPUTER CORP COM COM 204493100 9320 294136 SH
SOLE 294136
COMPASS BANCSHARES INC COM COM 20449H109 533 15447 SH
SOLE 15447
CONAGRA INC COM COM 205887102 8045 313964 SH
SOLE 313964
CONSOLIDATED NAT GAS COM COM 209615103 1497 30750 SH
SOLE 30750
CONSUMERS FINL CORP COM COM 210520102 5 44500 SH
SOLE 44500
CORNING INC COM COM 219350105 612 10200 SH
SOLE 10200
COUNTRYWIDE CR IND DEL COM COM 222372104 236 6300 SH
SOLE 6300
CROWN LABS INC COM PAR $0.001 COM 228392304 1 20000 SH
SOLE 20000
CULLEN FROST BANKERS COM COM 229899109 348 7250 SH
SOLE 7250
CVS CORP COM COM 126650100 244 5147 SH
SOLE 5147
CYTOGEN CORP COM COM 232824102 19 18000 SH
SOLE 18000
D & N FINL CORP COM COM 232864108 1006 44210 SH
SOLE 44210
DEERE & CO COM COM 244199105 357 9247 SH
SOLE 9247
DELL COMPUTER CORP COM COM 247025109 5143 125812 SH
SOLE 125812
DIAGEO P L C SPONSORED ADR COM 25243Q205 459 10026 SH
SOLE 10026
DIME BANCORP INC NEW COM COM 25429Q102 5696 245643 SH
SOLE 245643
DIME CMNTY BANCORP INC COM COM 253922108 878 38260 SH
SOLE 38260
DISNEY WALT CO DEL COM COM 254687106 6442 206963 SH
SOLE 206963
DOW CHEM CO COM COM 260543103 801 8592 SH
SOLE 8592
DU PONT E I DE NEMOURS COM COM 263534109 13063 224988 SH
SOLE 224988
DUKE ENERGY CORP COM COM 264399106 2372 43276 SH
SOLE 43276
DUN & BRADSTREET CORP COM COM 26483B106 318 8925 SH
SOLE 8925
EASTMAN KODAK CO COM COM 277461109 9788 153238 SH
SOLE 153238
EDISON INTL COM COM 281020107 207 9308 SH
SOLE 9308
ELECTRONIC DATA SYSTEMS CORP N COM 285661104 3199 65711 SH
SOLE 65711
EMERSON ELEC CO COM COM 291011104 9554 180486 SH
SOLE 180486
EXXON CORP COM COM 302290101 7374 104504 SH
SOLE 104504
FEDERAL EXPRESS CORP COM COM 31304N107 242 2601 SH
SOLE 2601
FIFTH THIRD BANCORP COM 316773100 437 6634 SH
SOLE 6634
FIRST AMER CORP TENN COM COM 318900107 4561 123689 SH
SOLE 123689
FIRST ESSEX BANCORP COM COM 320103104 1530 101550 SH
SOLE 101550
FIRST KEYSTONE CORP COM COM 320654205 287 9583 SH
SOLE 9583
FIRST LEESPORT BANCORP COM COM 320682107 346 16100 SH
SOLE 16100
FIRST MERCHANTS ACCEP COM COM 320816101 0 281000 SH
SOLE 281000
FIRST MIDWEST BANCORP INC COM 320867104 2043 53762 SH
SOLE 53762
FIRST SEC CORP DEL COM COM 336294103 915 47386 SH
SOLE 47386
FIRST ST BANCORPORATN COM COM 336453105 1096 57291 SH
SOLE 57291
FIRST TENN NATL CORP COM COM 337162101 264 7200 SH
SOLE 7200
FIRST UN CORP COM COM 337358105 14036 262663 SH
SOLE 262663
FIRSTAR CORP COM COM 33763V109 593 6630 SH
SOLE 6630
FLEET FINL GROUP INC COM COM 338915101 1948 51787 SH
SOLE 51787
FLETCHER CHALLENGE LTD SPN ADR COM 339324402 52 13700 SH
SOLE 13700
FLOWERS INDS INC COM COM 343496105 5271 214050 SH
SOLE 214050
FNB ROCHESTER CORP COM COM 302908108 2977 93040 SH
SOLE 93040
FORD MTR CO DEL COM COM 345370100 699 12331 SH
SOLE 12331
FORTUNE BRANDS INC COM COM 349631101 268 6969 SH
SOLE 6969
FOSTER WHEELER CORP COM COM 350244109 383 31558 SH
SOLE 31558
FRANKLIN FINL SVCS CP COM COM 353525108 309 10301 SH
SOLE 10301
FULTON FINL CORP PA COM COM 360271100 983 42872 SH
SOLE 42872
GANNETT INC COM COM 364730101 1057 16777 SH
SOLE 16777
GATEWAY 2000 INC COM COM 367833100 8778 128025 SH
SOLE 128025
GENERAL ELEC CO COM COM 369604103 37915 342734 SH
SOLE 342734
GENERAL MTRS CORP COM COM 370442105 657 7552 SH
SOLE 7552
GENERAL PUB UTILS CP COM COM 36225X100 224 6000 SH
SOLE 6000
GENUINE PARTS CO COM COM 372460105 1699 58980 SH
SOLE 58980
GENZYME TRANSGENICS CP COM COM 37246E105 94 24000 SH
SOLE 24000
GILLETTE CO COM COM 375766102 5404 90914 SH
SOLE 90914
GLAXO HLDGS PLC SPONSORED ADR COM 37733W105 489 7300 SH
SOLE 7300
GOLDEN ST BANCORP INC COM COM 381197102 7124 320166 SH
SOLE 320166
GOLDEN ST BANCORP INC WT EXP COM 381197136 1431 295401 SH
SOLE 295401
GOODYEAR TIRE & RUBR COM COM 382550101 329 6600 SH
SOLE 6600
GREENPOINT FINL CORP COM COM 395384100 4296 123633 SH
SOLE 123633
GST TELECOMMUNICATIONS COM COM 361942105 115 10500 SH
SOLE 10500
GTE CORP COM COM 362320103 8766 144889 SH
SOLE 144889
GUIDANT CORP COM COM 401698105 352 5822 SH
SOLE 5822
HAVEN BANCORP INC COM COM 419352109 993 75629 SH
SOLE 75629
HEINZ H J CO COM COM 423074103 8563 180745 SH
SOLE 180745
HERSHEY FOODS CORP COM COM 427866108 4516 80551 SH
SOLE 80551
HEWLETT PACKARD CO COM COM 428236103 15951 235226 SH
SOLE 235226
HIBERNIA CORP CL A COM 428656102 516 39154 SH
SOLE 39154
HOME DEPOT INC COM COM 437076102 6480 104101 SH
SOLE 104101
HOME PORT BANCORP INC COM COM 437304108 224 10000 SH
SOLE 10000
HUBBELL INC CL A COM 443510102 237 6392 SH
SOLE 6392
HUBBELL INC CL B COM 443510201 1185 29624 SH
SOLE 29624
HUDSON UNITED BANCORP COM COM 444165104 3001 89410 SH
SOLE 89410
ICN PHARMACEUTICAL INC COM COM 448924100 854 34005 SH
SOLE 34005
IDEXX LABS CORP COM COM 45168D104 263 11000 SH
SOLE 11000
IMCLONE SYS INC COM 45245W109 540 32000 SH
SOLE 32000
IMPERIAL BANCORP COM COM 452556103 1684 98319 SH
SOLE 98319
IMS HEALTH INC COM COM 449934108 492 14852 SH
SOLE 14852
INDEPENDENT BK CP MASS COM COM 453836108 1507 110131 SH
SOLE 110131
INTEL CORP COM COM 458140100 15967 134317 SH
SOLE 134317
INTERNATIONAL BUS MACH COM COM 459200101 7575 42737 SH
SOLE 42737
INTERSTATE ENERGY WISC COM COM 460845100 237 8917 SH
SOLE 8917
INVESTORS FINL SERVICE COM COM 461915100 750 26092 SH
SOLE 26092
IRI INTL CORP COM COM 45004F107 753 185405 SH
SOLE 185405
IROQUOIS BANCORP INC COM COM 463347104 1332 63787 SH
SOLE 63787
Integrated Health Services COM 45812C106 82 15000 SH
SOLE 15000
JEFFBANKS INC COM COM 472317106 961 46051 SH
SOLE 46051
JOHNSON & JOHNSON COM COM 478160104 23826 254825 SH
SOLE 254825
KELLOGG CO COM COM 487836108 1609 47595 SH
SOLE 47595
KEYCORP NEW COM COM 493267108 2067 68200 SH
SOLE 68200
KEYSTONE FINANCIAL INC COM COM 493482103 1469 45548 SH
SOLE 45548
KIMBERLY CLARK CORP COM COM 494368103 10573 220549 SH
SOLE 220549
LAUREL CAP GROUP INC COM COM 518629100 693 41192 SH
SOLE 41192
LILLY ELI & CO COM COM 532457108 1713 20185 SH
SOLE 20185
LONE STAR TECHNOLOGIES COM COM 542312103 260 20000 SH
SOLE 20000
LSI LOGIC CORP COM COM 502161102 215 6900 SH
SOLE 6900
LUCENT TECHNOLOGIES COM COM 549463107 2828 26189 SH
SOLE 26189
MAGNUM HUNTER RES INC COM PAR COM 55972F203 92 32000 SH
SOLE 32000
MARRIOTT INTL INC COM COM 571903202 2007 59700 SH
SOLE 59700
MASCO CORP COM COM 574599106 581 20564 SH
SOLE 20564
MAY DEPT STORES CO COM COM 577778103 4637 118518 SH
SOLE 118518
MAYTAG CORP COM COM 578592107 507 8400 SH
SOLE 8400
MBNA CORP COM COM 55262L100 285 11923 SH
SOLE 11923
MCDONALDS CORP COM COM 580135101 6503 143521 SH
SOLE 143521
MCI WORLDCOM INC COM COM 55268B106 8810 99483 SH
SOLE 99483
MEAD CORP COM COM 582834107 357 11600 SH
SOLE 11600
MEDFORD BANCORP INC COM COM 584131106 2763 172683 SH
SOLE 172683
MEDIAONE GROUP INC COM COM 58440J104 1100 17341 SH
SOLE 17341
MEDICAL TECH & INNOVTN COM COM 58462m100 6 43200 SH
SOLE 43200
MEDTRONIC INC COM COM 585055106 545 7588 SH
SOLE 7588
MELLON BK CORP COM COM 585509102 11360 161422 SH
SOLE 161422
MERCANTILE BANCORPORTN COM COM 587342106 2007 42257 SH
SOLE 42257
MERCANTILE BANKSHARES COM COM 587405101 965 26075 SH
SOLE 26075
MERCK & CO INC COM COM 589331107 22806 284626 SH
SOLE 284626
MERITOR SVGS BK PA COM COM 590007100 4241 1654943 SH
SOLE 1654943
METATEC CORP COM COM 591398102 64 15000 SH
SOLE 15000
MICROSOFT CORP COM COM 594918104 803 8954 SH
SOLE 8954
MID AMER BANCORP COM COM 595915109 1061 43322 SH
SOLE 43322
MILLENNIUM BANK PA COM COM 600361105 805 70000 SH
SOLE 70000
MINNESOTA MNG & MFG CO COM COM 604059105 1607 22713 SH
SOLE 22713
MOBIL CORP COM COM 607059102 3627 41211 SH
SOLE 41211
MONSANTO CO COM COM 611662107 4443 96723 SH
SOLE 96723
MORGAN J P & CO INC COM COM 616880100 351 2847 SH
SOLE 2847
MOTOROLA INC COM COM 620076109 13278 181273 SH
SOLE 181273
NAMIBIAN MINERALS CORP COM COM 629913104 144 55000 SH
SOLE 55000
NATIONAL CITY CORP COM COM 635405103 260 3922 SH
SOLE 3922
NATURES SUNSHINE PRODS COM COM 639027101 259 23525 SH
SOLE 23525
NEW ENGLAND COMMUNITY BANCORP COM 643890106 1312 65197 SH
SOLE 65197
NEW JERSEY RES COM COM 646025106 466 13091 SH
SOLE 13091
NIAGARA CORP COM COM 653349100 125 20000 SH
SOLE 20000
NMBT CORP COM COM 629189101 463 29400 SH
SOLE 29400
NOKIA CORP SPONSORED ADR COM 654902204 13587 87236 SH
SOLE 87236
NORFOLK SOUTHERN CORP COM COM 655844108 695 26351 SH
SOLE 26351
NORTH FORK BANCORP NY COM COM 659424105 11290 534456 SH
SOLE 534456
ORACLE CORP COM COM 68389x105 1588 60203 SH
SOLE 60203
PACIFIC CENTY FINL CP COM COM 694058108 341 16351 SH
SOLE 16351
PAGING NETWORK INC COM COM 695542100 131 28000 SH
SOLE 28000
PATRIOT BK CORP COM COM 70335P103 200 21317 SH
SOLE 21317
PENNS WOODS BANCORP COM COM 708430103 290 4921 SH
SOLE 4921
PEOPLES BANCSHS MASS COM COM 709795108 5772 307816 SH
SOLE 307816
PEOPLES HERITAGE FINL COM COM 711147108 3741 207812 SH
SOLE 207812
PEPSICO INC COM COM 713448108 18275 466340 SH
SOLE 466340
PFIZER INC COM COM 717081103 19809 142765 SH
SOLE 142765
PHILIP MORRIS COS INC COM COM 718154107 7419 210842 SH
SOLE 210842
PHILIPS ELECTRS N V NEW YORK S COM 500472105 289 3500 SH
SOLE 3500
PHILLIPS PETE CO COM COM 718507106 283 6000 SH
SOLE 6000
PITNEY BOWES INC COM COM 724479100 3461 54286 SH
SOLE 54286
PITTSBURGH HOME FINL COM COM 725149108 170 12500 SH
SOLE 12500
PNC BK CORP COM COM 693475105 9819 176723 SH
SOLE 176723
POINTE FINANCIAL CORP COM COM 73084P100 150 15000 SH
SOLE 15000
POLYMEDICA CORP COM COM 731738100 2 20000 SH
SOLE 20000
PREMIER NATL BANCORP COM COM 74053F107 1626 108410 SH
SOLE 108410
PRIME BANCORP INC COM COM 741914105 1880 75380 SH
SOLE 75380
PROCTER & GAMBLE CO COM COM 742718109 6390 65241 SH
SOLE 65241
PROSPERITY BANCSHARES COM COM 743606105 306 25000 SH
SOLE 25000
PROVIDENT BANKSHARES COM COM 743859100 665 25464 SH
SOLE 25464
PUGET SOUND PWR & LT COM COM 745332106 228 9890 SH
SOLE 9890
RELIANCE BANCORP INC COM COM 759451107 9337 324762 SH
SOLE 324762
REPUBLIC FIRST BANCORP COM COM 760416107 3743 410172 SH
SOLE 410172
RHONE POULENC S A SPNSRD ADR A COM 762426609 207 4700 SH
SOLE 4700
RITE AID CORP COM COM 767754104 255 10200 SH
SOLE 10200
ROSLYN BANCORP INC COM COM 778162107 2578 152779 SH
SOLE 152779
ROYAL DUTCH PETE CO NY REG GLD COM 780257804 1105 21250 SH
SOLE 21250
SARA LEE CORP COM COM 803111103 14008 565977 SH
SOLE 565977
SBC COMMUNICATIONS COM 78387G103 15221 322561 SH
SOLE 322561
SCANA CORP COM COM 805898103 434 20000 SH
SOLE 20000
SCANSOFT INC COM COM 80603P107 31 20000 SH
SOLE 20000
SCHERING PLOUGH CORP COM COM 806605101 22334 404236 SH
SOLE 404236
SCHLUMBERGER LTD COM COM 806857108 12637 209961 SH
SOLE 209961
SCIENCE DYNAMICS CORP COM COM 808631105 114 140000 SH
SOLE 140000
SEACOAST FINL SVCS COM COM 81170Q106 247 25000 SH
SOLE 25000
SEARS ROEBUCK & CO COM COM 812387108 607 13427 SH
SOLE 13427
SEI INVESTMENTS CO COM COM 784117103 444 4800 SH
SOLE 4800
SHERWIN WILLIAMS CO COM COM 824348106 1577 56083 SH
SOLE 56083
SKYTEL COMMUNICATIONS COM COM 83087Q104 675 40600 SH
SOLE 40600
SMITHKLINE BEECHAM PLC ADR REP COM 832378301 3756 52527 SH
SOLE 52527
SOFTWARE AG SYS INC COM COM 834025108 84 10000 SH
SOLE 10000
SOVEREIGN BANCORP INC COM COM 845905108 7581 618884 SH
SOLE 618884
SPRINT CORP COM COM 852061100 1199 12217 SH
SOLE 12217
SPRINT CORP PCS COM SER 1 COM 852061506 271 6124 SH
SOLE 6124
ST PAUL BANCORP INC COM COM 792848103 2149 99255 SH
SOLE 99255
ST PAUL COS INC COM COM 792860108 254 8168 SH
SOLE 8168
STATE ST BOSTON CORP COM COM 857477103 686 8342 SH
SOLE 8342
STERLING FINL CORP WA COM COM 859319105 2666 172030 SH
SOLE 172030
SUMMIT BANCORP COM COM 866005101 9755 250120 SH
SOLE 250120
SUN INC COM COM 86764P109 4262 118183 SH
SOLE 118183
SUN MICROSYSTEMS INC COM COM 866810104 380 3039 SH
SOLE 3039
SUNTRUST BKS INC COM COM 867914103 2894 46494 SH
SOLE 46494
SUSQUEHANNA BKSHS PA COM COM 869099101 457 24852 SH
SOLE 24852
TECO ENERGY INC COM COM 872375100 1201 60429 SH
SOLE 60429
TELLABS INC COM COM 879664100 9217 94289 SH
SOLE 94289
TEXACO INC COM COM 881694103 1164 20509 SH
SOLE 20509
THISTLE GROUP HLDGS CO COM COM 88431E103 85 10000 SH
SOLE 10000
TIME WARNER INC COM COM 887315109 665 9390 SH
SOLE 9390
TOTAL S A SPONSORED ADR COM 89151E109 319 5225 SH
SOLE 5225
TOWNE SERVICES INC COM COM 892148107 196 20000 SH
SOLE 20000
TRICON GLOBAL REST COM COM 895953107 1948 27734 SH
SOLE 27734
TUPPERWARE CORP COM COM 899896104 180 10000 SH
SOLE 10000
U S WEST INC COM COM 91273H101 2010 36503 SH
SOLE 36503
UNION PAC CORP COM COM 907818108 572 10700 SH
SOLE 10700
UNION PLANTERS CORP COM COM 908068109 1626 36998 SH
SOLE 36998
UNITED NATL BANCORP NJ COM COM 910909100 1265 54833 SH
SOLE 54833
UNITED TECHNOLOGIES CP COM COM 913017109 379 2796 SH
SOLE 2796
UNIVERSAL FOODS CORP COM COM 913538104 599 29050 SH
SOLE 29050
US BANCORP DEL COM COM 902973106 8064 236732 SH
SOLE 236732
USBANCORP INC PA COM COM 917292104 407 27816 SH
SOLE 27816
UST CORP COM COM 902900109 4258 194946 SH
SOLE 194946
USX MARATHON GROUP COM NEW COM 902905827 309 11225 SH
SOLE 11225
VALLEY NATL BANCORP COM COM 919794107 972 38581 SH
SOLE 38581
VERMONT FINL SVCS CORP COM COM 924180102 1213 42925 SH
SOLE 42925
VISHAY INTERTECHNOLOGY COM COM 928298108 840 57920 SH
SOLE 57920
VORNADO RLTY TR SH BEN INT COM 929042109 219 6338 SH
SOLE 6338
WAL MART STORES INC COM COM 931142103 272 2946 SH
SOLE 2946
WALGREEN CO COM COM 931422109 2463 87202 SH
SOLE 87202
WARNER LAMBERT CO COM COM 934488107 1996 30128 SH
SOLE 30128
WARREN BANCORP INC COM COM 934710104 222 25400 SH
SOLE 25400
WASHINGTON MUT SVGS BK COM COM 939322103 4928 120556 SH
SOLE 120556
WEBSTER FINL CORP CONN COM COM 947890109 372 12900 SH
SOLE 12900
WELLS FARGO & CO NEW COM COM 949746101 1126 32101 SH
SOLE 32101
WILLIAMS COS INC DEL COM COM 969457100 4565 115576 SH
SOLE 115576
WSFS FINL CORP COM COM 929328102 13628 931818 SH
SOLE 931818
XEROX CORP COM COM 984121103 1318 25280 SH
SOLE 25280
XOMA CORP COM COM G9825R107 107 35000 SH
SOLE 35000
YAHOO INC COM COM 984332106 325 1930 SH
SOLE 1930
YARDVILLE NATL BANCORP COM COM 985021104 1899 153488 SH
SOLE 153488
</TABLE>