-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G+U6GMhHtnqIKIROPMshgAdTc+5uFM9Uo8lAWq135JQcDK6GTN/AM6Eoou8PhANr S2yYunHcOj+czzxN2fCeCA== 0000820027-96-000046.txt : 19960131 0000820027-96-000046.hdr.sgml : 19960131 ACCESSION NUMBER: 0000820027-96-000046 CONFORMED SUBMISSION TYPE: 13F-E PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19951229 FILED AS OF DATE: 19960130 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS FINANCIAL ADVISORS CENTRAL INDEX KEY: 0000820027 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133180631 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-E SEC ACT: 1934 Act SEC FILE NUMBER: 028-00139 FILM NUMBER: 96508718 BUSINESS ADDRESS: STREET 1: IDS TOWER 10 STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126718028 FORMER COMPANY: FORMER CONFORMED NAME: IDS FINANCIAL CORP/MN/ DATE OF NAME CHANGE: 19920703 13F-E 1 PAGE 1 SECURITIES AND EXCHANGE COMMISSION FORM 13F-E Report for the Calendar Year or Quarter Ended: 12/29/95 Institutional Investment Manager: AMERICAN EXPRESS FINANCIAL CORPORATION IDS TOWER-10 MINNEAPOLIS MN 55440-0010 I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION IN THIS FORM AND THE ATTACHMENTS TO IT IS TRUE, CORRECT AND COMPLETE, AND I UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL PARTS OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT ALL UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND COMPLETE AS PREVIOUSLY SUBMITTED. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. Name, Title and Telephone Number of Person Submitting Report: MELINDA URION V.P.INVESTMENT ACCOUNTING (612) 671-6227 Signature, Place and Date of Signing: /s/ MELINDA URION MINNEAPOLIS MN 12/29/95 Other Managers on Whose Behalf this Report is Filed: 01 AMERICAN EXPRESS COMPANY 028-00698 03 AMERICAN EXPRESS TRUST COMPANY 028-01151 34 AMERICAN PARTNERS LIFE 02 IDS ADVISORY GROUP, INC. 028-02069 04 IDS BOND FUND, INC. 028-00192 05 IDS CERTIFICATE COMPANY 028-00140 06 IDS DISCOVERY FUND, INC. 028-01075 07 IDS DIVERSIFIED EQUITY INCOME FUND 08 IDS EQUITY SELECT FUND, INC. 028-00196 09 IDS EXTRA INCOME FUND, INC. 028-01411 35 IDS GLOBAL GROWTH FUND 10 IDS GLOBAL SERIES, INC. 028-02589 11 IDS GROWTH FUND, INC. 028-00194 12 IDS INTERNATIONAL FUND, INC. 028-01547 13 IDS INVESTMENT SERIES, INC. 028-00199 14 IDS LIFE AGGRES. GROWTH FUND, INC. 15 IDS LIFE CAPITAL RESOURCE FUND, INC. 028-01131 16 IDS LIFE INSURANCE COMPANY 028-00143 17 IDS LIFE INTL EQUITY FUND, INC. 18 IDS LIFE MANAGED FUND, INC. 028-01837 19 IDS LIFE SERIES FUND, INC.- EQUITY PORTFOLIO 028-01835 PAGE 2 20 IDS LIFE SERIES FUND, INC.-MANAGED PORTFOLIO 028-01835 21 IDS LIFE SPECIAL INCOME FUND, INC. 028-02178 22 IDS LIFE VARIABLE ANNUITY FUND A 028-00144 23 IDS LIFE VARIABLE ANNUITY FUND B 028-00145 24 IDS MANAGED RETIREMENT FUND, INC. 028-01546 25 IDS MARKET ADVANTAGE SERIES, INC. 028-02748 26 IDS NEW DIMENSIONS FUND, INC. 028-00198 27 IDS PRECIOUS METALS FUND, INC. 028-01578 28 IDS PROGRESSIVE FUND, INC. 028-00193 29 IDS SELECTIVE FUND, INC. 028-00197 30 IDS STOCK FUND, INC. 028-00195 31 IDS STRATEGY FUND, INC. 028-01473 32 IDS UTILITIES INCOME FUND, INC. 028-02374 33 SHEARSON INSURANCE - MARKETING REINSURANCE CO. PAGE 3 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ACE LIMITED COM G0070K103 9938 250000 SH DEFINED 0108 250000 AMWY ASIA COM G0352M108 33010 926600 SH DEFINED 011516 926600 COMCAST UK CABLE PRT COM G22984101 3438 275000 SH DEFINED 0135 275000 CREDICORP COM G2519Y108 6038 350000 SH DEFINED 0135 350000 GEM STAR COM G3788V106 4256 150000 SH DEFINED 0111 150000 LASALLE RE HOLDINGS COM G5383Q101 4003 175000 SH DEFINED 0135 175000 CRONUS COM L20707102 705 60000 SH DEFINED 01 60000 MILLICOM INT'L CELL COM L6388F102 15250 500000 SH DEFINED 0130 500000 MILLICOM INT'L CELL COM L6388F102 4423 145000 SH DEFINED 0132 145000 MILLICOM INT'L CELL COM L6388F102 839 27500 SH DEFINED 011619 27500 MILLICOM INT'L CELL COM L6388F102 3813 125000 SH DEFINED 011614 125000 HOME CENTER COM M53070104 663 100000 SH DEFINED 011619 100000 ELSAY BAILEY PROCS A COM N2925S101 6047 225000 SH DEFINED 0106 225000 ELSAY BAILEY PROCS A COM N2925S101 8063 300000 SH DEFINED 011516 300000 ELSAY BAILEY PROCS A COM N2925S101 16 600 SH DEFINED 0102 600 ELSAY BAILEY PROCS A COM N2925S101 4085 152000 SH DEFINED 0131 152000 ELSAY BAILEY PROCS A COM N2925S101 223 8300 SH DEFINED 0103 8300 ELSAY BAILEY PROCS A COM N2925S101 6239 232176 SH DEFINED 01 232176 TRIPLE P NV COM N88795104 4000 400000 SH DEFINED 0135 400000 PANAMERICAN BEV COM P74823108 2112 66000 SH DEFINED 0128 66000 SUN INT'L HOTEL COM P8797T109 330 10000 SH DEFINED 0135 10000 TEEKAY SHIPPING COM V89564104 5906 250000 SH DEFINED 0135 250000 ADC TELECOM COM 000886101 21900 600000 SH DEFINED 0126 600000 ADC TELECOM COM 000886101 21900 600000 SH DEFINED 0111 600000 ADC TELECOM COM 000886101 2920 80000 SH DEFINED 011622 80000 ADC TELECOM COM 000886101 6570 180000 SH DEFINED 011623 180000 ADC TELECOM COM 000886101 8395 230000 SH DEFINED 011618 230000 ADC TELECOM COM 000886101 449 12300 SH DEFINED 011619 12300 ADC TELECOM COM 000886101 2562 70200 SH DEFINED 011614 70200 ADC TELECOM COM 000886101 28195 772400 SH DEFINED 0102 772400 ADC TELECOM COM 000886101 4829 132300 SH DEFINED 0131 132300 ADC TELECOM COM 000886101 1102 30200 SH DEFINED 0103 30200 ADT LTD COM 000915306 1673 111500 SH DEFINED 011619 111500 ADT LTD COM 000915306 7875 525000 SH DEFINED 011614 525000 AGCO CORP COM 001084102 612 12000 SH DEFINED 011620 12000 AMLI COM 001735109 7500 375000 SH DEFINED 0113 375000 AMR CORP CONV BOND 001765AY2 23400 22500000 PRN DEFINED 0113 22500000 AMR CORP DEL COM 001765106 37125 500000 SH DEFINED 0126 500000 AMR CORP DEL COM 001765106 18540 249735 SH DEFINED 0102 249735 AMR CORP DEL COM 001765106 1480 19934 SH DEFINED 0103 19934 AMR CORP DEL COM 001765106 6086 81964 SH DEFINED 01 81964 ARCO CHEMICAL CO COM 001920107 27959 575000 SH DEFINED 0113 575000 ARCO CHEMICAL CO COM 001920107 10333 212500 SH DEFINED 0131 212500 ARCO CHEMICAL CO COM 001920107 428 8800 SH DEFINED 0103 8800 AT&T CORP COM 001957109 25900 400000 SH DEFINED 0130 400000 AT&T CORP COM 001957109 71225 1100000 SH DEFINED 0126 1100000 AT&T CORP COM 001957109 19425 300000 SH DEFINED 0132 300000 AT&T CORP COM 001957109 12173 188000 SH DEFINED 0125 188000 AT&T CORP COM 001957109 25900 400000 SH DEFINED 011516 400000 AT&T CORP COM 001957109 19425 300000 SH DEFINED 011618 300000 PAGE 4 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE AT&T CORP COM 001957109 2007 31000 SH DEFINED 011620 31000 AT&T CORP COM 001957109 32938 508720 SH DEFINED 0102 508720 AT&T CORP COM 001957109 12937 199797 SH DEFINED 0103 199797 AT&T CORP COM 001957109 1943 30000 SH DEFINED 01 30000 AVX COM 002444107 13250 500000 SH DEFINED 0111 500000 AVX COM 002444107 1715 64700 SH DEFINED 011622 64700 AVX COM 002444107 4269 161100 SH DEFINED 011623 161100 AAMES FINANCIAL CORP COM 00253A101 4878 175000 SH DEFINED 0106 175000 ABBOTT LABS COM 002824100 16700 400000 SH DEFINED 0124 400000 ABBOTT LABS COM 002824100 3213 76950 SH DEFINED 0102 76950 ABBOTT LABS COM 002824100 2444 58540 SH DEFINED 0103 58540 ACCLAIM ENMNT INC COM 004325205 1856 150000 SH DEFINED 01 150000 ACCUSTAFF COM 004401105 15400 350000 SH DEFINED 0106 350000 ADIDAS ADS 144A COM 00687P104 3768 144200 SH DEFINED 0130 144200 ADIDAS ADS 144A COM 00687P104 5226 200000 SH DEFINED 0135 200000 ADIDAS ADS 144A COM 00687P104 1699 65000 SH DEFINED 011619 65000 ADIDAS ADS 144A COM 00687P104 6533 250000 SH DEFINED 011614 250000 ADIDAS ADS 144A COM 00687P104 1283 49100 SH DEFINED 0131 49100 ADVANCED MICRO DEV COM 007903107 127 7677 SH DEFINED 0103 7677 ADV LTD PT TRUST INV COM 007923998 28354 26016006 SH DEFINED 01 26016006 ADVANTA B COM 007942204 7275 200000 SH DEFINED 011614 200000 AETNA LIFE & CAS COM 008140105 574 8284 SH DEFINED 0103 8284 AFL/CIO UNITS OF COM 008270993 499 460 SH DEFINED 0102 460 AHMANSON HF & CO COM 008677106 26500 1000000 SH DEFINED 0126 1000000 AHMANSON HF & CO COM 008677106 1855 70000 SH DEFINED 011619 70000 AHMANSON HF & CO COM 008677106 7950 300000 SH DEFINED 011614 300000 AHMANSON HF & CO COM 008677106 235 8866 SH DEFINED 0103 8866 AIR PROD & CHEM COM 009158106 3027 57352 SH DEFINED 0102 57352 AIR PROD & CHEM COM 009158106 21100 400000 SH DEFINED 0131 400000 AIR PROD & CHEM COM 009158106 1190 22555 SH DEFINED 0103 22555 AIR PROD & CHEM COM 009158106 3851 73000 SH DEFINED 01 73000 AIRGAS INC COM 009363102 8714 262050 SH DEFINED 0102 262050 AIRGAS INC COM 009363102 256 7700 SH DEFINED 0103 7700 AIRTOUCH COMMUN COM 00949T100 25425 900000 SH DEFINED 0130 900000 AIRTOUCH COMMUN COM 00949T100 9888 350000 SH DEFINED 0108 350000 AIRTOUCH COMMUN COM 00949T100 28250 1000000 SH DEFINED 0126 1000000 AIRTOUCH COMMUN COM 00949T100 25425 900000 SH DEFINED 0111 900000 AIRTOUCH COMMUN COM 00949T100 9888 350000 SH DEFINED 0132 350000 AIRTOUCH COMMUN COM 00949T100 42375 1500000 SH DEFINED 0124 1500000 AIRTOUCH COMMUN COM 00949T100 4650 164600 SH DEFINED 0125 164600 AIRTOUCH COMMUN COM 00949T100 1695 60000 SH DEFINED 0107 60000 AIRTOUCH COMMUN COM 00949T100 3757 133000 SH DEFINED 011622 133000 AIRTOUCH COMMUN COM 00949T100 8193 290000 SH DEFINED 011623 290000 AIRTOUCH COMMUN COM 00949T100 20623 730000 SH DEFINED 011618 730000 AIRTOUCH COMMUN COM 00949T100 1384 49000 SH DEFINED 011620 49000 AIRTOUCH COMMUN COM 00949T100 152757 5407548 SH DEFINED 0102 5407548 AIRTOUCH COMMUN COM 00949T100 3684 130436 SH DEFINED 0103 130436 AIRTOUCH COMMUN COM 00949T100 16057 568380 SH DEFINED 01 568380 AJL PEPS/TRUST CVT CONV PFD STOCK 009710104 5070 260000 SH DEFINED 0135 260000 AJL PEPS/TRUST CVT CONV PFD STOCK 009710104 20280 1040000 SH DEFINED 011516 1040000 PAGE 5 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ALAMO GROUP INC COM 011311107 3600 200000 SH DEFINED 0128 200000 ALBANY INTL CORP NEW COM 012348108 1440 79441 SH DEFINED 0102 79441 ALBERTO CULVER COM 013068101 71 2066 SH DEFINED 0103 2066 ALBERTSONS INC COM 013104104 12328 375000 SH DEFINED 0108 375000 ALBERTSONS INC COM 013104104 32875 1000000 SH DEFINED 0126 1000000 ALBERTSONS INC COM 013104104 1644 50000 SH DEFINED 011620 50000 ALBERTSONS INC COM 013104104 45395 1380660 SH DEFINED 0102 1380660 ALBERTSONS INC COM 013104104 911 27701 SH DEFINED 0103 27701 ALCAN ALUMINIUM LTD COM 013716105 28 900 SH DEFINED 0102 900 ALCAN ALUMINIUM LTD COM 013716105 566 18175 SH DEFINED 0103 18175 ALCO STANDARD COM 013788104 68438 1500000 SH DEFINED 0126 1500000 ALCO STANDARD COM 013788104 27375 600000 SH DEFINED 0111 600000 ALCO STANDARD COM 013788104 6388 140000 SH DEFINED 011622 140000 ALCO STANDARD COM 013788104 13688 300000 SH DEFINED 011623 300000 ALCO STANDARD COM 013788104 13688 300000 SH DEFINED 011618 300000 ALCO STANDARD COM 013788104 1168 25600 SH DEFINED 011620 25600 ALCO STANDARD COM 013788104 116435 2551795 SH DEFINED 0102 2551795 ALCO STANDARD COM 013788104 7875 172600 SH DEFINED 0131 172600 ALCO STANDARD COM 013788104 1952 42782 SH DEFINED 0103 42782 ALCO STANDARD COM 013788104 10711 234768 SH DEFINED 01 234768 ALCO STANDARD 6.50 CONV PFD STOCK 013788708 16578 193900 SH DEFINED 0130 193900 ALCO STANDARD 6.50 CONV PFD STOCK 013788708 12825 150000 SH DEFINED 0107 150000 ALCO STANDARD 6.50 CONV PFD STOCK 013788708 11051 129250 SH DEFINED 011618 129250 ALCO STANDARD 6.50 CONV PFD STOCK 013788708 1368 16000 SH DEFINED 011620 16000 ALCO STANDARD 6.50 CONV PFD STOCK 013788708 17 200 SH DEFINED 0102 200 ALEXNDR & ALEX SERV COM 014476105 62 3285 SH DEFINED 0103 3285 ALLERGAN INC COM 018490102 153 4721 SH DEFINED 0103 4721 ALLIANCE ENTMT CORP COM 018593103 1663 175000 SH DEFINED 011619 175000 ALLIED GROUP INC COM 019220102 8280 230000 SH DEFINED 0128 230000 ALLIED SIGNAL INC COM 019512102 81 1700 SH DEFINED 0125 1700 ALLIED SIGNAL INC COM 019512102 16625 350000 SH DEFINED 011618 350000 ALLIED SIGNAL INC COM 019512102 39 800 SH DEFINED 0102 800 ALLIED SIGNAL INC COM 019512102 1049 22074 SH DEFINED 0103 22074 ALLIED SIGNAL INC COM 019512102 4275 90000 SH DEFINED 01 90000 ALLSTATE CORP COM 020002101 39447 959195 SH DEFINED 0102 959195 ALLSTATE CORP COM 020002101 1293 31435 SH DEFINED 0103 31435 ALLTEL CORP COM 020039103 20650 700000 SH DEFINED 0124 700000 ALLTEL CORP COM 020039103 412 13965 SH DEFINED 0103 13965 ALLTEL 7.75 $100 PAR PREFERRED STOCK 0200392*3 2732 27046 SH DEFINED 0105 27046 ALUMAX INC COM 022197107 28788 940000 SH DEFINED 0124 940000 ALUMAX INC COM 022197107 4594 150000 SH DEFINED 0135 150000 ALUMAX INC COM 022197107 7656 250000 SH DEFINED 011618 250000 ALUMAX INC COM 022197107 1041 34000 SH DEFINED 011620 34000 ALUMINUM CO AMERICA COM 022249106 16539 312800 SH DEFINED 0130 312800 ALUMINUM CO AMERICA COM 022249106 10575 200000 SH DEFINED 0108 200000 ALUMINUM CO AMERICA COM 022249106 68738 1300000 SH DEFINED 0126 1300000 ALUMINUM CO AMERICA COM 022249106 42 800 SH DEFINED 0125 800 ALUMINUM CO AMERICA COM 022249106 8724 165000 SH DEFINED 0107 165000 ALUMINUM CO AMERICA COM 022249106 143454 2713193 SH DEFINED 0102 2713193 ALUMINUM CO AMERICA COM 022249106 1964 37127 SH DEFINED 0103 37127 PAGE 6 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ALUMINUM CO AMERICA COM 022249106 10004 189200 SH DEFINED 01 189200 ALZA COM 022615108 147 5939 SH DEFINED 0103 5939 AMERADA HESS COM 023551104 223 4200 SH DEFINED 0125 4200 AMERADA HESS COM 023551104 85 1600 SH DEFINED 0102 1600 AMERADA HESS COM 023551104 489 9236 SH DEFINED 0103 9236 AMDAHL CORP COM 023905102 74 8722 SH DEFINED 0103 8722 AMERICAN BRANDS INC. COM 024703100 53550 1200000 SH DEFINED 011516 1200000 AMERICAN BRANDS INC. COM 024703100 616 13803 SH DEFINED 0103 13803 AMERICAN ELEC PWR COM 025537101 18225 450000 SH DEFINED 0113 450000 AMERICAN ELEC PWR COM 025537101 8100 200000 SH DEFINED 011618 200000 AMERICAN ELEC PWR COM 025537101 550 13582 SH DEFINED 0103 13582 AMERICAN ELEC PWR COM 025537101 3443 85000 SH DEFINED 01 85000 AMERICAN EXPLORATION COM 025762808 0 4 SH DEFINED 0102 4 AMERICAN EXPRESS COM 025816109 413708 9998986 SH DEFINED 0103 9998986 AMERICAN EXPRESS COM 025816109 7776 187949 SH DEFINED 01 187949 AMER GENERAL CORP COM 026351106 29644 850000 SH DEFINED 0113 850000 AMER GENERAL CORP COM 026351106 10637 305000 SH DEFINED 0107 305000 AMER GENERAL CORP COM 026351106 19181 550000 SH DEFINED 0131 550000 AMER GENERAL CORP COM 026351106 1222 35017 SH DEFINED 0103 35017 AMER GENERAL CORP COM 026351106 9719 278670 SH DEFINED 01 278670 AM GREETINGS CL A COM 026375105 224 8100 SH DEFINED 0125 8100 AM GREETINGS CL A COM 026375105 6906 250000 SH DEFINED 011618 250000 AM GREETINGS CL A COM 026375105 25 900 SH DEFINED 0102 900 AM GREETINGS CL A COM 026375105 151 5451 SH DEFINED 0103 5451 AM GREETINGS CL A COM 026375105 296 10703 SH DEFINED 01 10703 AMER HOME PRODUCTS COM 026609107 29100 300000 SH DEFINED 0130 300000 AMER HOME PRODUCTS COM 026609107 36375 375000 SH DEFINED 0113 375000 AMER HOME PRODUCTS COM 026609107 6916 71300 SH DEFINED 0125 71300 AMER HOME PRODUCTS COM 026609107 14550 150000 SH DEFINED 0107 150000 AMER HOME PRODUCTS COM 026609107 29100 300000 SH DEFINED 011618 300000 AMER HOME PRODUCTS COM 026609107 2377 24500 SH DEFINED 011620 24500 AMER HOME PRODUCTS COM 026609107 13228 136367 SH DEFINED 0102 136367 AMER HOME PRODUCTS COM 026609107 5001 51555 SH DEFINED 0103 51555 AMER HOME PRODUCTS COM 026609107 747 7700 SH DEFINED 01 7700 AMERICAN INTL GROUP COM 026874107 27750 300000 SH DEFINED 0130 300000 AMERICAN INTL GROUP COM 026874107 120250 1300000 SH DEFINED 0126 1300000 AMERICAN INTL GROUP COM 026874107 1647 17800 SH DEFINED 011620 17800 AMERICAN INTL GROUP COM 026874107 97844 1057718 SH DEFINED 0102 1057718 AMERICAN INTL GROUP COM 026874107 4005 43302 SH DEFINED 0103 43302 AMERICAN INTL GROUP COM 026874107 14986 162000 SH DEFINED 01 162000 AMERICAN MANAGEMENT COM 027352103 2100 70000 SH DEFINED 011619 70000 AMERICAN MANAGEMENT COM 027352103 10500 350000 SH DEFINED 011614 350000 AMERICAN MANAGEMENT COM 027352103 11760 391950 SH DEFINED 0102 391950 AMERICAN MANAGEMENT COM 027352103 375 12500 SH DEFINED 0103 12500 AMERICAN ONCOLOGY COM 028910107 6078 125000 SH DEFINED 0106 125000 AMER PWR CONVERSION COM 029066107 9500 1000000 SH DEFINED 011618 1000000 AMERICAN RE COM 029163102 12263 300000 SH DEFINED 0106 300000 AMERICAN RE COM 029163102 16 400 SH DEFINED 0102 400 AMERICAN RE COM 029163102 5886 144000 SH DEFINED 0131 144000 AMERICAN RE COM 029163102 364 8900 SH DEFINED 0103 8900 PAGE 7 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE AMERICAN RE COM 029163102 4011 98139 SH DEFINED 01 98139 AMERICAN STD CO COM 029712106 16800 600000 SH DEFINED 0130 600000 AMERICAN STD CO COM 029712106 14000 500000 SH DEFINED 0124 500000 AMERICAN STD CO COM 029712106 11200 400000 SH DEFINED 011618 400000 AMERICAN STD CO COM 029712106 4141 147905 SH DEFINED 01 147905 AMERICAN STORES CO COM 030096101 292 10933 SH DEFINED 0103 10933 AMERICAN TELECASTING COM 030151104 5800 400000 SH DEFINED 011516 400000 AMERICAN TELECAST WT WARRANT 030151112 426 85225 SH DEFINED 0109 85225 AMERITECH NZ A $100 PREFERRED STOCK 03070V209 3255 30000 SH DEFINED 01 30000 AMERISOURCE COM 03071P102 10 300 SH DEFINED 0102 300 AMERISOURCE COM 03071P102 3445 104400 SH DEFINED 0131 104400 AMERISOURCE COM 03071P102 218 6600 SH DEFINED 0103 6600 AMERITECH CORP COM 030954101 20650 350000 SH DEFINED 0132 350000 AMERITECH CORP COM 030954101 2432 41222 SH DEFINED 0103 41222 AMGEN INC COM 031162100 17813 300000 SH DEFINED 0130 300000 AMGEN INC COM 031162100 142500 2400000 SH DEFINED 0126 2400000 AMGEN INC COM 031162100 29688 500000 SH DEFINED 0111 500000 AMGEN INC COM 031162100 59375 1000000 SH DEFINED 0124 1000000 AMGEN INC COM 031162100 2233 37600 SH DEFINED 0125 37600 AMGEN INC COM 031162100 3563 60000 SH DEFINED 011622 60000 AMGEN INC COM 031162100 7125 120000 SH DEFINED 011623 120000 AMGEN INC COM 031162100 16031 270000 SH DEFINED 011618 270000 AMGEN INC COM 031162100 10094 170000 SH DEFINED 011614 170000 AMGEN INC COM 031162100 149751 2522015 SH DEFINED 0102 2522015 AMGEN INC COM 031162100 13348 224800 SH DEFINED 0131 224800 AMGEN INC COM 031162100 3499 58929 SH DEFINED 0103 58929 AMGEN INC COM 031162100 20479 344915 SH DEFINED 01 344915 AMP COM 031897101 34538 900000 SH DEFINED 0126 900000 AMP COM 031897101 10361 270000 SH DEFINED 0107 270000 AMP COM 031897101 39726 1035200 SH DEFINED 011516 1035200 AMP COM 031897101 15635 407400 SH DEFINED 0102 407400 AMP COM 031897101 626 16303 SH DEFINED 0103 16303 AMOCO CORP COM 031905102 16172 225000 SH DEFINED 0130 225000 AMOCO CORP COM 031905102 115000 1600000 SH DEFINED 0126 1600000 AMOCO CORP COM 031905102 32344 450000 SH DEFINED 0113 450000 AMOCO CORP COM 031905102 3594 50000 SH DEFINED 0132 50000 AMOCO CORP COM 031905102 35938 500000 SH DEFINED 0124 500000 AMOCO CORP COM 031905102 1337 18600 SH DEFINED 0125 18600 AMOCO CORP COM 031905102 17250 240000 SH DEFINED 0107 240000 AMOCO CORP COM 031905102 43125 600000 SH DEFINED 011618 600000 AMOCO CORP COM 031905102 1725 24000 SH DEFINED 011620 24000 AMOCO CORP COM 031905102 191714 2667319 SH DEFINED 0102 2667319 AMOCO CORP COM 031905102 23359 325000 SH DEFINED 0131 325000 AMOCO CORP COM 031905102 4871 67780 SH DEFINED 0103 67780 AMOCO CORP COM 031905102 3953 55000 SH DEFINED 01 55000 AMRESCO COM 031909104 3825 300000 SH DEFINED 011516 300000 AMSCO INTERNATIONAL COM 032161101 1358 91300 SH DEFINED 011619 91300 AMSCO INTERNATIONAL COM 032161101 6451 433700 SH DEFINED 011614 433700 AMWAY JAPAN ADR COM 03234J100 10438 500000 SH DEFINED 011516 500000 ANDREW CORP COM 034425108 30600 800000 SH DEFINED 0111 800000 PAGE 8 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ANDREW CORP COM 034425108 4399 115000 SH DEFINED 0132 115000 ANDREW CORP COM 034425108 2479 64800 SH DEFINED 011622 64800 ANDREW CORP COM 034425108 5099 133300 SH DEFINED 011623 133300 ANDREW CORP COM 034425108 14260 372800 SH DEFINED 0102 372800 ANDREW CORP COM 034425108 5451 142500 SH DEFINED 0131 142500 ANDREW CORP COM 034425108 542 14166 SH DEFINED 0103 14166 ANHEUSER BUSCH CO COM 035229103 35109 525000 SH DEFINED 0113 525000 ANHEUSER BUSCH CO COM 035229103 15047 225000 SH DEFINED 0107 225000 ANHEUSER BUSCH CO COM 035229103 25078 375000 SH DEFINED 0131 375000 ANHEUSER BUSCH CO COM 035229103 2206 32985 SH DEFINED 0103 32985 AON CORP COM 037389103 29925 600000 SH DEFINED 0113 600000 AON CORP COM 037389103 22444 450000 SH DEFINED 0131 450000 AON CORP COM 037389103 808 16200 SH DEFINED 0103 16200 APOLLO GROUP INC -C COM 037604105 7825 200000 SH DEFINED 0111 200000 APPALACHIAN PWR $100 PREFERRED STOCK 037735834 3216 30000 SH DEFINED 0105 30000 APPALACHIAN PWR $100 PREFERRED STOCK 037735842 1013 10000 SH DEFINED 0105 10000 APPLE COMPUTER COM 037833100 169734 5325000 SH DEFINED 011516 5325000 APPLE COMPUTER COM 037833100 282 8852 SH DEFINED 0103 8852 APPLIED MATERIALS COM 038222105 27563 700000 SH DEFINED 0126 700000 APPLIED MATERIALS COM 038222105 19688 500000 SH DEFINED 0111 500000 APPLIED MATERIALS COM 038222105 9844 250000 SH DEFINED 0124 250000 APPLIED MATERIALS COM 038222105 3851 97800 SH DEFINED 011622 97800 APPLIED MATERIALS COM 038222105 8568 217600 SH DEFINED 011623 217600 APPLIED MATERIALS COM 038222105 669 17000 SH DEFINED 011620 17000 APPLIED MATERIALS COM 038222105 22607 574015 SH DEFINED 0102 574015 APPLIED MATERIALS COM 038222105 8517 216300 SH DEFINED 0131 216300 APPLIED MATERIALS COM 038222105 1189 30205 SH DEFINED 0103 30205 APPLIED MATERIALS COM 038222105 3623 92000 SH DEFINED 01 92000 ARACRUZ CELLULOSE SA COM 038496105 7750 1000000 SH DEFINED 0130 1000000 ARACRUZ CELLULOSE SA COM 038496105 9300 1200000 SH DEFINED 0113 1200000 ARBOR DRUGS INC COM 038760104 10500 500000 SH DEFINED 011516 500000 ARCHER DANIELS MDLND COM 039483102 721 40043 SH DEFINED 0103 40043 ARGYL TELEVISION COM 039914106 1750 100000 SH DEFINED 011619 100000 ARIZONA PUB SER V PREFERRED STOCK 040555799 806 7500 SH DEFINED 0105 7500 ARIZONA PUB SER V PREFERRED STOCK 040555799 3223 30000 SH DEFINED 01 30000 ARIZONA PUB SVC $100 PREFERRED STOCK 040555815 5578 50000 SH DEFINED 0105 50000 ARIZONA PUB SVC CO PREFERRED STOCK 040555831 3296 38100 SH DEFINED 01 38100 ARMCO INC COM 042170100 235 39999 SH DEFINED 0103 39999 ARMSTRONG WORLD IND COM 042476101 162 2617 SH DEFINED 0103 2617 ARNOLD INDUSTRIES IN COM 042595108 19113 1100000 SH DEFINED 011516 1100000 ARROW INTERNATIONAL COM 042764100 1988 50000 SH DEFINED 011619 50000 ARROW INTERNATIONAL COM 042764100 8348 210000 SH DEFINED 011614 210000 ARROW INTERNATIONAL COM 042764100 9593 241300 SH DEFINED 0102 241300 ARROW INTERNATIONAL COM 042764100 4746 119400 SH DEFINED 0131 119400 ARROW INTERNATIONAL COM 042764100 592 14900 SH DEFINED 0103 14900 ASARCO INC COM 043413103 99 3103 SH DEFINED 0103 3103 ASCEND COMM COM 043491109 8113 100000 SH DEFINED 0126 100000 ASCEND COMM COM 043491109 2839 35000 SH DEFINED 011619 35000 ASCEND COMM COM 043491109 14603 180000 SH DEFINED 011614 180000 ASCEND COMM COM 043491109 20639 254400 SH DEFINED 0102 254400 PAGE 9 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ASCEND COMM COM 043491109 13743 169400 SH DEFINED 0131 169400 ASCEND COMM COM 043491109 1436 17700 SH DEFINED 0103 17700 ASHANTI GOLD 144A COM 043743103 599 30000 SH DEFINED 0127 30000 ASHLAND INC COM 044204105 164 4683 SH DEFINED 0103 4683 ATLANTIC RICHFIELD COM 048825103 30456 275000 SH DEFINED 0113 275000 ATLANTIC RICHFIELD COM 048825103 20489 185000 SH DEFINED 0131 185000 ATLANTIC RICHFIELD COM 048825103 2060 18604 SH DEFINED 0103 18604 ATL RICHFIELD PFD CONV PFD STOCK 048825137 16363 700000 SH DEFINED 0113 700000 ATL RICHFIELD PFD CONV PFD STOCK 048825137 5143 220000 SH DEFINED 0107 220000 AUTO DESK COM 052769106 125 3640 SH DEFINED 0103 3640 AUTOMATIC DATA PROC. COM 053015103 12051 162300 SH DEFINED 011516 162300 AUTOMATIC DATA PROC. COM 053015103 415 5590 SH DEFINED 0102 5590 AUTOMATIC DATA PROC. COM 053015103 835 11252 SH DEFINED 0103 11252 AVALON COM 053469102 6450 300000 SH DEFINED 0113 300000 AVALON COM 053469102 5375 250000 SH DEFINED 0132 250000 AVERY DENNISON CORP COM 053611109 194 3862 SH DEFINED 0103 3862 AVON PRODUCTS COM 054303102 15829 210000 SH DEFINED 0107 210000 AVON PRODUCTS COM 054303102 1771 23500 SH DEFINED 011620 23500 AVON PRODUCTS COM 054303102 106 1400 SH DEFINED 0102 1400 AVON PRODUCTS COM 054303102 383 5082 SH DEFINED 0103 5082 AVON PRODUCTS COM 054303102 5879 78000 SH DEFINED 01 78000 AZCO MINING COM 054774104 227 279348 SH DEFINED 0102 279348 BI INC COM 055467203 1525 200000 SH DEFINED 011619 200000 BTG INC COM 05576J101 1438 125000 SH DEFINED 011619 125000 BABY SUPERSTORE CONV BOND 056180AA0 11688 10000000 PRN DEFINED 0130 10000000 BABY SUPER STORES COM 056180102 1710 30000 SH DEFINED 011619 30000 BABY SUPER STORES COM 056180102 7695 135000 SH DEFINED 011614 135000 BAKER HUGHES COM 057224107 804 33000 SH DEFINED 011620 33000 BAKER HUGHES COM 057224107 252 10357 SH DEFINED 0103 10357 BALL CORP COM 058498106 60 2173 SH DEFINED 0103 2173 BALLARD MEDICAL PROD COM 058566100 1966 110000 SH DEFINED 011619 110000 BALLY ENTERTAINMENT COM 05873C106 48 3452 SH DEFINED 0103 3452 BALTIMORE GAS & ELEC COM 059165100 26 900 SH DEFINED 0102 900 BALTIMORE GAS & ELEC COM 059165100 308 10817 SH DEFINED 0103 10817 BANC ONE CORP COM 059438101 15478 410000 SH DEFINED 0107 410000 BANC ONE CORP COM 059438101 1081 28637 SH DEFINED 0103 28637 BANCO DE A EDWARDS COM 059504100 5593 285000 SH DEFINED 0135 285000 BANCO DE GALICIA CVT CONV BOND 059538AD0 4738 5000000 PRN DEFINED 0135 5000000 BAN NAC DEMEX 144A CONV BOND 059617AA8 6000 7500000 PRN DEFINED 0130 7500000 BAN NAC DEMEX 144A CONV BOND 059617AA8 4000 5000000 PRN DEFINED 0135 5000000 BANCO OSORNO Y LA COM 059631101 3122 225000 SH DEFINED 0135 225000 BANCO WIESE ADS COM 059651109 3750 600000 SH DEFINED 0135 600000 BANK OF BOSTON COM 060716107 11563 250000 SH DEFINED 0130 250000 BANK OF BOSTON COM 060716107 9250 200000 SH DEFINED 0124 200000 BANK OF BOSTON COM 060716107 380 8211 SH DEFINED 0103 8211 BANK OF NEW YORK COM 064057102 931 19100 SH DEFINED 0125 19100 BANK OF NEW YORK COM 064057102 14625 300000 SH DEFINED 011516 300000 BANK OF NEW YORK COM 064057102 234 4800 SH DEFINED 0102 4800 BANK OF NEW YORK COM 064057102 950 19468 SH DEFINED 0103 19468 BANK AMERICA CORP COM 066050105 32375 500000 SH DEFINED 0130 500000 PAGE 10 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE BANK AMERICA CORP COM 066050105 25900 400000 SH DEFINED 0113 400000 BANK AMERICA CORP COM 066050105 64750 1000000 SH DEFINED 0124 1000000 BANK AMERICA CORP COM 066050105 1703 26300 SH DEFINED 0125 26300 BANK AMERICA CORP COM 066050105 15216 235000 SH DEFINED 0107 235000 BANK AMERICA CORP COM 066050105 842 13000 SH DEFINED 011620 13000 BANK AMERICA CORP COM 066050105 14446 223125 SH DEFINED 0102 223125 BANK AMERICA CORP COM 066050105 23634 365000 SH DEFINED 0131 365000 BANK AMERICA CORP COM 066050105 3958 61125 SH DEFINED 0103 61125 BANK AMERICA CORP COM 066050105 9973 154015 SH DEFINED 01 154015 BANKERS TRUST NY COM 066365107 49210 740000 SH DEFINED 011516 740000 BANKERS TRUST NY COM 066365107 379 5706 SH DEFINED 0103 5706 BANKERS TRUST NY COM 066365107 2328 35000 SH DEFINED 01 35000 C R BARD INC COM 067383109 132 4085 SH DEFINED 0103 4085 BARNES & NOBLE COM 067774109 986 34000 SH DEFINED 011620 34000 BARRICK GOLD INC COM 067901108 4748 180000 SH DEFINED 0127 180000 BARRICK GOLD INC COM 067901108 2374 90000 SH DEFINED 0125 90000 BARRICK GOLD INC COM 067901108 7286 276200 SH DEFINED 0102 276200 BARRICK GOLD INC COM 067901108 1596 60496 SH DEFINED 0103 60496 BARNETT BKS INC COM 068055102 873 14800 SH DEFINED 0125 14800 BARNETT BKS INC COM 068055102 248 4200 SH DEFINED 0102 4200 BARNETT BKS INC COM 068055102 711 12053 SH DEFINED 0103 12053 BASSETT FURN IND. COM 070203104 785 33781 SH DEFINED 0102 33781 BAUSCH & LOMB COM 071707103 166 4184 SH DEFINED 0103 4184 BAXTER INTL INC COM 071813109 31406 750000 SH DEFINED 0113 750000 BAXTER INTL INC COM 071813109 16080 384000 SH DEFINED 011516 384000 BAXTER INTL INC COM 071813109 23031 550000 SH DEFINED 0131 550000 BAXTER INTL INC COM 071813109 1776 42415 SH DEFINED 0103 42415 BAY APARTMENT COM 072012107 4365 180000 SH DEFINED 011618 180000 BAY NETWORKS INC COM 072510100 894 21750 SH DEFINED 011620 21750 BAY NETWORKS INC COM 072510100 562 13666 SH DEFINED 0103 13666 BEACON OFFICE PROP COM 073678104 3335 145000 SH DEFINED 0107 145000 BEAZER HOMES USA INC COM 07556Q105 2063 100000 SH DEFINED 011619 100000 BECKMAN INSTRUMENTS COM 075816108 7959 225000 SH DEFINED 0108 225000 BECKMAN INSTRUMENTS COM 075816108 4422 125000 SH DEFINED 0128 125000 BECKMAN INSTRUMENTS COM 075816108 8076 228200 SH DEFINED 0102 228200 BECKMAN INSTRUMENTS COM 075816108 7500 212000 SH DEFINED 0131 212000 BECKMAN INSTRUMENTS COM 075816108 318 9000 SH DEFINED 0103 9000 BECKMAN INSTRUMENTS COM 075816108 708 20000 SH DEFINED 01 20000 BECTON DICKINSON COM 075887109 365 4860 SH DEFINED 0103 4860 BED BATH & BEYOND IN COM 075896100 1979 51000 SH DEFINED 011619 51000 BED BATH & BEYOND IN COM 075896100 10208 263000 SH DEFINED 011614 263000 BELL ATLANTIC COM 077853109 2153 32199 SH DEFINED 0103 32199 BELL ATLANTIC NZ144A PREFERRED STOCK 07786G208 1105 10000 SH DEFINED 01 10000 BELL CABLEMEDIA COM 077910107 2560 160000 SH DEFINED 0130 160000 BELL SOUTH COM 079860102 34800 800000 SH DEFINED 0130 800000 BELL SOUTH COM 079860102 43500 1000000 SH DEFINED 0126 1000000 BELL SOUTH COM 079860102 17400 400000 SH DEFINED 0132 400000 BELL SOUTH COM 079860102 1253 28800 SH DEFINED 0125 28800 BELL SOUTH COM 079860102 20445 470000 SH DEFINED 0107 470000 BELL SOUTH COM 079860102 8700 200000 SH DEFINED 011618 200000 PAGE 11 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE BELL SOUTH COM 079860102 1218 28000 SH DEFINED 011620 28000 BELL SOUTH COM 079860102 110768 2546060 SH DEFINED 0102 2546060 BELL SOUTH COM 079860102 3613 83052 SH DEFINED 0103 83052 BELL SOUTH COM 079860102 11768 270530 SH DEFINED 01 270530 A.H BELO SER A COM 080555105 25858 744100 SH DEFINED 0102 744100 A.H BELO SER A COM 080555105 733 21100 SH DEFINED 0103 21100 BEMIS CO. COM 081437105 97 3792 SH DEFINED 0103 3792 BENEFICIAL CORP COM 081721102 220 4724 SH DEFINED 0103 4724 BENSON EYECARE CORP COM 082484106 10580 1175500 SH DEFINED 011516 1175500 BERG ELECTRONICS HLD COM 083726109 4622 770400 SH DEFINED 0109 770400 BEST BUY CVT PFD CONV PFD STOCK 08651F200 10004 265000 SH DEFINED 0107 265000 BEST PRODUCTS COM 086553104 314 66202 SH DEFINED 0103 66202 BETHLEHEM STEEL COM 087509105 14000 1000000 SH DEFINED 0124 1000000 BETHLEHEM STEEL COM 087509105 1225 87500 SH DEFINED 0125 87500 BETHLEHEM STEEL COM 087509105 8487 606275 SH DEFINED 0102 606275 BETHLEHEM STEEL COM 087509105 111 7952 SH DEFINED 0103 7952 BETZ LABORATORIES COM 087779104 14670 357800 SH DEFINED 0131 357800 BETZ LABORATORIES COM 087779104 545 13300 SH DEFINED 0103 13300 BEVERLY ENTERPRISES COM 087851101 19314 1817800 SH DEFINED 011516 1817800 BEVERLY ENTERPRISES COM 087851101 80 7536 SH DEFINED 0103 7536 BIOGEN INC COM 090597105 1845 30000 SH DEFINED 011619 30000 BIOGEN INC COM 090597105 7688 125000 SH DEFINED 011614 125000 BIOMET COM 090613100 5363 300000 SH DEFINED 0108 300000 BIOMET COM 090613100 1287 72000 SH DEFINED 0125 72000 BIOMET COM 090613100 1966 110000 SH DEFINED 011619 110000 BIOMET COM 090613100 8580 480000 SH DEFINED 011614 480000 BIOMET COM 090613100 14917 834500 SH DEFINED 0102 834500 BIOMET COM 090613100 533 29783 SH DEFINED 0103 29783 BIO VASCULAR INC COM 090923103 1469 125000 SH DEFINED 011619 125000 BIRMINGHAM STEEL COR COM 091250100 14875 1000000 SH DEFINED 0111 1000000 BIRMINGHAM STEEL COR COM 091250100 2243 150800 SH DEFINED 011622 150800 BIRMINGHAM STEEL COR COM 091250100 4726 317700 SH DEFINED 011623 317700 BIRMINGHAM STEEL COR COM 091250100 54 3600 SH DEFINED 0102 3600 BLACK & DECKER COM 091797100 18330 520000 SH DEFINED 011618 520000 BLACK & DECKER COM 091797100 549 15562 SH DEFINED 0102 15562 BLACK & DECKER COM 091797100 221 6279 SH DEFINED 0103 6279 BLOCK H&R INC COM 093671105 16200 400000 SH DEFINED 0130 400000 BLOCK H&R INC COM 093671105 376 9282 SH DEFINED 0103 9282 BLONDER TONGUE LABS COM 093698108 341 35000 SH DEFINED 011614 35000 BOATMEN'S BANCSHARES COM 096650106 376 9197 SH DEFINED 0103 9197 BOEING COM 097023105 23513 300000 SH DEFINED 0130 300000 BOEING COM 097023105 9797 125000 SH DEFINED 0108 125000 BOEING COM 097023105 101888 1300000 SH DEFINED 0126 1300000 BOEING COM 097023105 8621 110000 SH DEFINED 0124 110000 BOEING COM 097023105 4397 56100 SH DEFINED 0125 56100 BOEING COM 097023105 2978 38000 SH DEFINED 011620 38000 BOEING COM 097023105 52777 673486 SH DEFINED 0102 673486 BOEING COM 097023105 4124 52606 SH DEFINED 0103 52606 BOEING COM 097023105 14264 182000 SH DEFINED 01 182000 BOISE CASCADE COM 097383103 121 3503 SH DEFINED 0103 3503 PAGE 12 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE BOISE CASCADE 21.125 CONV PFD STOCK 097383863 43539 1521000 SH DEFINED 01 1521000 BOSTON CHICKENPUT/00 CONV BOND 100578AB9 13050 45000000 PRN DEFINED 0106 45000000 BOSTON CHICKENPUT/00 CONV BOND 100578AB9 5800 20000000 PRN DEFINED 011614 20000000 BOSTON CHICKEN COM 100578103 5461 170000 SH DEFINED 0108 170000 BOSTON CHICKEN COM 100578103 2249 70000 SH DEFINED 011619 70000 BOSTON CHICKEN COM 100578103 4819 150000 SH DEFINED 011614 150000 BOSTON CHICKEN COM 100578103 6656 207200 SH DEFINED 0102 207200 BOSTON CHICKEN COM 100578103 6515 202800 SH DEFINED 0131 202800 BOSTON CHICKEN COM 100578103 626 19500 SH DEFINED 0103 19500 BOSTON SCIENTIFIC COM 101137107 56350 1150000 SH DEFINED 0126 1150000 BOSTON SCIENTIFIC COM 101137107 7350 150000 SH DEFINED 0128 150000 BOSTON SCIENTIFIC COM 101137107 48535 990500 SH DEFINED 0111 990500 BOSTON SCIENTIFIC COM 101137107 1544 31500 SH DEFINED 0125 31500 BOSTON SCIENTIFIC COM 101137107 5880 120000 SH DEFINED 011622 120000 BOSTON SCIENTIFIC COM 101137107 12740 260000 SH DEFINED 011623 260000 BOSTON SCIENTIFIC COM 101137107 1901 38800 SH DEFINED 011619 38800 BOSTON SCIENTIFIC COM 101137107 8727 178100 SH DEFINED 011614 178100 BOSTON SCIENTIFIC COM 101137107 53527 1092392 SH DEFINED 0102 1092392 BOSTON SCIENTIFIC COM 101137107 26220 535100 SH DEFINED 0131 535100 BOSTON SCIENTIFIC COM 101137107 4156 84799 SH DEFINED 0103 84799 BOWLINE CORP COM 102596103 0 2 SH DEFINED 0102 2 BRIGGS & STRATTON COM 109043109 95 2190 SH DEFINED 0103 2190 BRINKER INT'L INC COM 109641100 7563 500000 SH DEFINED 011516 500000 BRISTOL MYERS SQUIBB COM 110122108 34350 400000 SH DEFINED 0113 400000 BRISTOL MYERS SQUIBB COM 110122108 13740 160000 SH DEFINED 0107 160000 BRISTOL MYERS SQUIBB COM 110122108 23616 275000 SH DEFINED 0131 275000 BRISTOL MYERS SQUIBB COM 110122108 4020 46807 SH DEFINED 0103 46807 BRITISH AWYS PLC ADR COM 110419306 29100 400000 SH DEFINED 0126 400000 BROADWAY & SEYMOUR I COM 111433108 3250 200000 SH DEFINED 011619 200000 BROADWAY & SEYMOUR I COM 111433108 7313 450000 SH DEFINED 011614 450000 BROCK CONTROL COM 111626107 1451 135000 SH DEFINED 011619 135000 BROOKLYN UNION GAS COM 114259104 8044 275000 SH DEFINED 0132 275000 BROWN FORMAN CL B COM 115637209 187 5121 SH DEFINED 0103 5121 BROWN GROUP INC COM 115657108 19 1329 SH DEFINED 0103 1329 BROWNING FERRIS IND COM 115885105 19016 644600 SH DEFINED 011516 644600 BROWNING FERRIS IND COM 115885105 459 15550 SH DEFINED 0103 15550 BROWNING FERRIS35.62 CONV PFD STOCK 115885600 12707 405000 SH DEFINED 0107 405000 BROWNING FERRIS35.62 CONV PFD STOCK 115885600 7059 225000 SH DEFINED 011516 225000 BRUNSWICK CORP COM 117043109 168 7015 SH DEFINED 0103 7015 BUFETE ADS COM 11942H100 8220 548000 SH DEFINED 0135 548000 BUFFETS INC COM 119882108 5500 400000 SH DEFINED 0128 400000 BURLINGTON N SANTA COM 12189T104 20 250 SH DEFINED 0102 250 BURLINGTON N SANTA COM 12189T104 549 7039 SH DEFINED 0103 7039 BURLINGTON RESOURCES COM 122014103 364 9275 SH DEFINED 0103 9275 CAI WIRELESS COM 12476P104 6738 700000 SH DEFINED 011516 700000 CBI INDUSTRIES 100 PREFERRED STOCK 124800301 5075 50000 SH DEFINED 0105 50000 CBL & ASSOCIATES COM 124830100 8700 400000 SH DEFINED 0113 400000 CIGNA CORP COM 125509109 554 5362 SH DEFINED 0103 5362 CKE RESTAURANTS INC. COM 12561E105 3252 203248 SH DEFINED 0103 203248 CMS ENERGY CORP COM 125896100 10456 350000 SH DEFINED 0132 350000 PAGE 13 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE CMS ENERGY CORP COM 125896100 2988 100000 SH DEFINED 011618 100000 CMS ENERGY CORP COM 125896100 478 16000 SH DEFINED 011620 16000 CMS ENERGY CORP COM 125896100 3585 120000 SH DEFINED 01 120000 CMS ENERGY CLASS G COM 125896209 4719 250000 SH DEFINED 0132 250000 CPC INTL COM 126149103 740 10781 SH DEFINED 0103 10781 CRA BONUS SHS COM 126170976 711 48450 SH DEFINED 0112 48450 CRA BONUS SHS COM 126170976 811 55260 SH DEFINED 011617 55260 CSX CORP COM 126408103 82 1810 SH DEFINED 0102 1810 CSX CORP COM 126408103 709 15542 SH DEFINED 0103 15542 CUC INT'L INC COM 126545102 37538 1100000 SH DEFINED 0126 1100000 CUC INT'L INC COM 126545102 30327 888700 SH DEFINED 011618 888700 CUC INT'L INC COM 126545102 2218 65000 SH DEFINED 011619 65000 CUC INT'L INC COM 126545102 2832 83000 SH DEFINED 011614 83000 CUC INT'L INC COM 126545102 27833 815650 SH DEFINED 0102 815650 CUC INT'L INC COM 126545102 4228 123900 SH DEFINED 0131 123900 CUC INT'L INC COM 126545102 1423 41719 SH DEFINED 0103 41719 CABLETRON SYSTEMS COM 126920107 425 5251 SH DEFINED 0103 5251 CALI REALTY CORP COM 129909107 3719 170000 SH DEFINED 0107 170000 CALIFORNIA ENERGY COM 130190101 9750 500000 SH DEFINED 011618 500000 CAMCO COM 132632100 1960 70000 SH DEFINED 011619 70000 CAMDEN PROPERTY TRST CONV BOND 133131AA0 3000 3000000 PRN DEFINED 0104 3000000 CAMERON ASHLEY COM 133290106 2563 250000 SH DEFINED 0128 250000 CAMPBELL SOUP COM 134429109 1103 18389 SH DEFINED 0103 18389 CANADIAN NT RAILWAY COM 136375201 5504 366900 SH DEFINED 0130 366900 CANNONDALE COM 137798104 927 58400 SH DEFINED 011619 58400 CANNONDALE COM 137798104 3478 219100 SH DEFINED 011614 219100 CAPEX GDR COM 139612105 5800 400000 SH DEFINED 0135 400000 CAPITAL CITIES/ABC COM 139859102 1398 11331 SH DEFINED 0103 11331 CAPITAL ONE FINL COR COM 14040H105 36 1528 SH DEFINED 0102 1528 CARDINAL DISTRIBUTIO COM 14149Y108 54750 1000000 SH DEFINED 011516 1000000 CARDINAL DISTRIBUTIO COM 14149Y108 8213 150000 SH DEFINED 011618 150000 CARDINAL DISTRIBUTIO COM 14149Y108 16 300 SH DEFINED 0102 300 CARDINAL DISTRIBUTIO COM 14149Y108 7435 135800 SH DEFINED 0131 135800 CARDINAL DISTRIBUTIO COM 14149Y108 411 7500 SH DEFINED 0103 7500 CAREER HORIZONS 144A CONV BOND 141672AA3 8456 7500000 PRN DEFINED 0106 7500000 CAREER HORIZONS 144A CONV BOND 141672AA3 7329 6500000 PRN DEFINED 011516 6500000 CAREER HORIZON COM 141672105 11813 350000 SH DEFINED 011516 350000 CAREMARK INT'L INC COM 141704106 14953 825000 SH DEFINED 0106 825000 CAREMARK INT'L INC COM 141704106 14500 800000 SH DEFINED 011516 800000 CAREMARK INT'L INC COM 141704106 399 21997 SH DEFINED 0102 21997 CARMIKE CINEMAS INC COM 143436103 5400 240000 SH DEFINED 0128 240000 CARNIVAL CORP COM 143658102 12188 500000 SH DEFINED 011516 500000 CAROLINA POWER & LT COM 144141108 396 11478 SH DEFINED 0103 11478 CASCADE COMM COM 147184105 8525 100000 SH DEFINED 0126 100000 CASCADE COMM COM 147184105 1705 20000 SH DEFINED 011619 20000 CASCADE COMM COM 147184105 8525 100000 SH DEFINED 011614 100000 CASCADE COMM COM 147184105 20655 242300 SH DEFINED 0102 242300 CASCADE COMM COM 147184105 12395 145400 SH DEFINED 0131 145400 CASCADE COMM COM 147184105 1211 14200 SH DEFINED 0103 14200 CASE CORP COM 14743R103 25163 550000 SH DEFINED 0126 550000 PAGE 14 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE CASE CORP COM 14743R103 9150 200000 SH DEFINED 011614 200000 CASE CORP COM 14743R103 34100 745241 SH DEFINED 0102 745241 CASE CORP COM 14743R103 5522 120700 SH DEFINED 0131 120700 CASE CORP COM 14743R103 1267 27700 SH DEFINED 0103 27700 CASE CORP COM 14743R103 16951 370500 SH DEFINED 01 370500 CATERPILLAR INC COM 149123101 13219 225000 SH DEFINED 0130 225000 CATERPILLAR INC COM 149123101 19388 330000 SH DEFINED 0126 330000 CATERPILLAR INC COM 149123101 23500 400000 SH DEFINED 0111 400000 CATERPILLAR INC COM 149123101 35250 600000 SH DEFINED 0124 600000 CATERPILLAR INC COM 149123101 3437 58500 SH DEFINED 0125 58500 CATERPILLAR INC COM 149123101 4700 80000 SH DEFINED 011622 80000 CATERPILLAR INC COM 149123101 10575 180000 SH DEFINED 011623 180000 CATERPILLAR INC COM 149123101 14100 240000 SH DEFINED 011618 240000 CATERPILLAR INC COM 149123101 881 15000 SH DEFINED 011620 15000 CATERPILLAR INC COM 149123101 78670 1338783 SH DEFINED 0102 1338783 CATERPILLAR INC COM 149123101 2438 41487 SH DEFINED 0103 41487 CATERPILLAR INC COM 149123101 8098 137835 SH DEFINED 01 137835 CELCARIBE 144A COM 150898104 793 528450 SH DEFINED 0104 528450 CELCARIBE 144A COM 150898104 1427 951210 SH DEFINED 0109 951210 CELCARIBE 144A COM 150898104 415 276420 SH DEFINED 011621 276420 CEMEX 144A CONV BOND 151290AK9 21000 25000000 PRN DEFINED 011516 25000000 CENTEX CORPORATION COM 152312104 1738 50000 SH DEFINED 011619 50000 CENTEX CORPORATION COM 152312104 72 2068 SH DEFINED 0103 2068 CENTOCOR INC COM 152342101 40138 1300000 SH DEFINED 011516 1300000 CENTOCOR INC COM 152342101 898 29100 SH DEFINED 011619 29100 CENTOCOR INC COM 152342101 4042 130900 SH DEFINED 011614 130900 CENTOCOR INC COM 152342101 3763 121900 SH DEFINED 0102 121900 CENTOCOR INC COM 152342101 6175 200000 SH DEFINED 0131 200000 CENTOCOR INC COM 152342101 120 3900 SH DEFINED 0103 3900 CENTRAL & S W COM 152357109 7666 275000 SH DEFINED 0132 275000 CENTRAL & S W COM 152357109 396 14194 SH DEFINED 0103 14194 CENTRAL PARKING COM 154785109 1754 61000 SH DEFINED 011619 61000 CENTRAL PUERTO ADS COM 155038102 9500 500000 SH DEFINED 0130 500000 CENTRAL VT PUB SRV COM 155771108 5502 411373 SH DEFINED 0103 411373 CENTURY TELEPHONE EN COM 156686107 6668 210000 SH DEFINED 0128 210000 CENTURY TELEPHONE EN COM 156686107 15875 500000 SH DEFINED 0111 500000 CENTURY TELEPHONE EN COM 156686107 10055 316700 SH DEFINED 0132 316700 CENTURY TELEPHONE EN COM 156686107 6668 210000 SH DEFINED 011618 210000 CERIDIAN CORP COM 15677T106 4125 100000 SH DEFINED 0108 100000 CERIDIAN CORP COM 15677T106 41250 1000000 SH DEFINED 0126 1000000 CERIDIAN CORP COM 15677T106 12 300 SH DEFINED 0102 300 CERIDIAN CORP COM 15677T106 4888 118500 SH DEFINED 0131 118500 CERIDIAN CORP COM 15677T106 412 9983 SH DEFINED 0103 9983 CERIDIAN CORP $50 CONV PFD STOCK 15677T403 25438 275000 SH DEFINED 0130 275000 CHAMPION INTL COM 158525105 126 3000 SH DEFINED 0125 3000 CHAMPION INTL COM 158525105 33600 800000 SH DEFINED 011516 800000 CHAMPION INTL COM 158525105 59 1400 SH DEFINED 0102 1400 CHAMPION INTL COM 158525105 298 7099 SH DEFINED 0103 7099 CHARTER ONE FINL INC COM 160903100 15 500 SH DEFINED 0102 500 CHARTER ONE FINL INC COM 160903100 4508 147200 SH DEFINED 0131 147200 PAGE 15 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE CHARTER ONE FINL INC COM 160903100 254 8300 SH DEFINED 0103 8300 CHARMING SHOPPES COM 161133103 24 8295 SH DEFINED 0103 8295 CHASE MANHATTAN CORP COM 161610100 787 12987 SH DEFINED 0103 12987 CHECKFREE COM 162812101 8600 400000 SH DEFINED 011516 400000 CHECKFREE COM 162812101 1178 54800 SH DEFINED 011619 54800 CHECKFREE COM 162812101 135 6300 SH DEFINED 011620 6300 CHECKFREE COM 162812101 2746 127700 SH DEFINED 011614 127700 CHECKFREE COM 162812101 8256 384000 SH DEFINED 0102 384000 CHECKFREE COM 162812101 5455 253700 SH DEFINED 0131 253700 CHECKFREE COM 162812101 602 28000 SH DEFINED 0103 28000 CHEMICAL BKG CORP COM 163722101 1103 18772 SH DEFINED 0103 18772 CHEROKEE SERIES A WARRANT 16444L111 2 7450 SH DEFINED 0109 7450 CHEROKEE SERIES B WARRANT 16444L129 1 9165 SH DEFINED 0109 9165 CHEROKEE SERIES C WARRANT 16444L137 1 27492 SH DEFINED 0109 27492 CHEVRON CORP COM 166751107 2615 49800 SH DEFINED 0125 49800 CHEVRON CORP COM 166751107 736 14000 SH DEFINED 0102 14000 CHEVRON CORP COM 166751107 2542 48412 SH DEFINED 0103 48412 CHICAGO MINIATU LAMP COM 167781103 2070 90000 SH DEFINED 011619 90000 CHIRON COM 170040109 13620 123290 SH DEFINED 0102 123290 CHIRON COM 170040109 6199 56100 SH DEFINED 0131 56100 CHIRON COM 170040109 597 5400 SH DEFINED 0103 5400 CHIRON COM 170040109 608 5500 SH DEFINED 01 5500 CHRYSLER COM 171196108 3040 54900 SH DEFINED 0125 54900 CHRYSLER COM 171196108 16613 300000 SH DEFINED 011516 300000 CHRYSLER COM 171196108 554 10000 SH DEFINED 011620 10000 CHRYSLER COM 171196108 11534 208300 SH DEFINED 0102 208300 CHRYSLER COM 171196108 2953 53330 SH DEFINED 0103 53330 CHUBB CORP COM 171232101 610 6307 SH DEFINED 0103 6307 CIBER COM 17163B102 2630 112500 SH DEFINED 011516 112500 CINCINNATI BELL INC COM 171870108 15290 440000 SH DEFINED 0132 440000 CINCINNATI MILACRON COM 172172108 14438 550000 SH DEFINED 0106 550000 CINCINNATI MILACRON COM 172172108 1397 53200 SH DEFINED 0125 53200 CINCINNATI MILACRON COM 172172108 63580 2421933 SH DEFINED 0102 2421933 CINCINNATI MILACRON COM 172172108 1137 43337 SH DEFINED 0103 43337 CINCINNATI MILACRON COM 172172108 7174 273300 SH DEFINED 01 273300 CINERGY CORP COM 172474108 18375 600000 SH DEFINED 011618 600000 CINERGY CORP COM 172474108 349 11387 SH DEFINED 0103 11387 CIRCUIT CITY COM 172737108 199 7190 SH DEFINED 0103 7190 CISCO SYSTEMS COM 17275R102 22388 300000 SH DEFINED 0130 300000 CISCO SYSTEMS COM 17275R102 8582 115000 SH DEFINED 0108 115000 CISCO SYSTEMS COM 17275R102 223875 3000000 SH DEFINED 0126 3000000 CISCO SYSTEMS COM 17275R102 29850 400000 SH DEFINED 0111 400000 CISCO SYSTEMS COM 17275R102 74625 1000000 SH DEFINED 0124 1000000 CISCO SYSTEMS COM 17275R102 2679 35900 SH DEFINED 0125 35900 CISCO SYSTEMS COM 17275R102 7463 100000 SH DEFINED 011622 100000 CISCO SYSTEMS COM 17275R102 14925 200000 SH DEFINED 011623 200000 CISCO SYSTEMS COM 17275R102 7463 100000 SH DEFINED 011619 100000 CISCO SYSTEMS COM 17275R102 1493 20000 SH DEFINED 011620 20000 CISCO SYSTEMS COM 17275R102 32835 440000 SH DEFINED 011614 440000 CISCO SYSTEMS COM 17275R102 192106 2574166 SH DEFINED 0102 2574166 PAGE 16 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE CISCO SYSTEMS COM 17275R102 18925 253600 SH DEFINED 0131 253600 CISCO SYSTEMS COM 17275R102 5865 78584 SH DEFINED 0103 78584 CISCO SYSTEMS COM 17275R102 18506 247985 SH DEFINED 01 247985 CIRCUS CIRCUS ENT COM 172909103 10453 375000 SH DEFINED 011516 375000 CITICORP COM 173034109 1453 21600 SH DEFINED 0130 21600 CITICORP COM 173034109 211838 3150000 SH DEFINED 0126 3150000 CITICORP COM 173034109 23538 350000 SH DEFINED 0124 350000 CITICORP COM 173034109 1547 23000 SH DEFINED 0125 23000 CITICORP COM 173034109 13450 200000 SH DEFINED 011618 200000 CITICORP COM 173034109 1601 23800 SH DEFINED 011620 23800 CITICORP COM 173034109 154492 2297280 SH DEFINED 0102 2297280 CITICORP COM 173034109 3642 54142 SH DEFINED 0103 54142 CITICORP COM 173034109 1883 28000 SH DEFINED 01 28000 CLAYTON HOMES INC COM 184190106 13359 625000 SH DEFINED 0108 625000 CLAYTON HOMES INC COM 184190106 20039 937500 SH DEFINED 0111 937500 CLAYTON HOMES INC COM 184190106 18703 875000 SH DEFINED 011618 875000 CLAYTON HOMES INC COM 184190106 58863 2753958 SH DEFINED 0102 2753958 CLEAR CHANNEL COMMUN COM 184502102 18223 413000 SH DEFINED 0102 413000 CLEAR CHANNEL COMMUN COM 184502102 565 12800 SH DEFINED 0103 12800 CLEVELAND-CLIFFS IRN COM 185896107 5535 135000 SH DEFINED 0128 135000 CLOROX CO. COM 189054109 279 3900 SH DEFINED 0125 3900 CLOROX CO. COM 189054109 15041 210000 SH DEFINED 0107 210000 CLOROX CO. COM 189054109 10744 150000 SH DEFINED 011618 150000 CLOROX CO. COM 189054109 96 1350 SH DEFINED 0102 1350 CLOROX CO. COM 189054109 396 5517 SH DEFINED 0103 5517 COASTAL CORP COM 190441105 290 7774 SH DEFINED 0103 7774 COCA-COLA COM 191216100 118800 1600000 SH DEFINED 0126 1600000 COCA-COLA COM 191216100 37125 500000 SH DEFINED 0111 500000 COCA-COLA COM 191216100 3252 43800 SH DEFINED 0125 43800 COCA-COLA COM 191216100 7395 99600 SH DEFINED 011622 99600 COCA-COLA COM 191216100 14820 199600 SH DEFINED 011623 199600 COCA-COLA COM 191216100 29700 400000 SH DEFINED 011618 400000 COCA-COLA COM 191216100 995 13400 SH DEFINED 011620 13400 COCA-COLA COM 191216100 27632 372145 SH DEFINED 0102 372145 COCA-COLA COM 191216100 8446 113747 SH DEFINED 0103 113747 FEMSA COKE COM 191241108 28675 1550000 SH DEFINED 011516 1550000 COHERENT INC COM 192479103 1782 44000 SH DEFINED 011619 44000 COHERENT INC COM 192479103 7898 195000 SH DEFINED 011614 195000 COLEMAN COMPANY INC COM 193559101 1173 33400 SH DEFINED 011620 33400 COLGATE-PALMOLIVE COM 194162103 756 10762 SH DEFINED 0103 10762 COLUMBIA GAS SYSTEM COM 197648108 21938 500000 SH DEFINED 0130 500000 COLUMBIA GAS SYSTEM COM 197648108 6581 150000 SH DEFINED 0132 150000 COLUMBIA GAS SYSTEM COM 197648108 163 3708 SH DEFINED 0103 3708 COLUMBIA HEALTHCARE COM 197677107 18904 372500 SH DEFINED 0130 372500 COLUMBIA HEALTHCARE COM 197677107 35525 700000 SH DEFINED 011618 700000 COLUMBIA HEALTHCARE COM 197677107 1269 25000 SH DEFINED 011620 25000 COLUMBIA HEALTHCARE COM 197677107 1703 33559 SH DEFINED 0102 33559 COLUMBIA HEALTHCARE COM 197677107 1667 32857 SH DEFINED 0103 32857 COMCAST CORP CVT CONV BOND 200300AQ4 9500 10000000 PRN DEFINED 011618 10000000 COMCAST CORP CONV BOND 200300AR2 37781 75000000 PRN DEFINED 011516 75000000 PAGE 17 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE COMCAST CORP CONV BOND 200300AR2 5038 10000000 PRN DEFINED 011618 10000000 COMCAST CORPORATION COM 200300101 36131 2050000 SH DEFINED 011516 2050000 COMCAST CORP CLA SPL COM 200300200 9094 500000 SH DEFINED 0124 500000 COMCAST CORP CLA SPL COM 200300200 16 900 SH DEFINED 0125 900 COMCAST CORP CLA SPL COM 200300200 9094 500000 SH DEFINED 011618 500000 COMCAST CORP CLA SPL COM 200300200 16 900 SH DEFINED 0102 900 COMCAST CORP CLA SPL COM 200300200 354 19444 SH DEFINED 0103 19444 COMERICA INC COM 200340107 320 7964 SH DEFINED 0103 7964 COMMERCE ASSET CONV BOND 200509AA5 1680 1500000 PRN DEFINED 0135 1500000 COMMERCIAL METALS COM 201723103 2475 100000 SH DEFINED 0111 100000 COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 7529 73580 SH DEFINED 0105 73580 COMMWLTH ED $100 PVT PREFERRED STOCK 20279K2*7 4289 41914 SH DEFINED 01 41914 COMMONWEALTH EDISON PREFERRED STOCK 2027953*9 7956 78000 SH DEFINED 0105 78000 COMMONWEALTH EDISON PREFERRED STOCK 202990925 3425 32853 SH DEFINED 01 32853 COMM&PWR IND 144A COM 20338A108 360 3500 SH DEFINED 0109 3500 COMMUNITY HEALTH SYS COM 203666102 14250 400000 SH DEFINED 0106 400000 COMMUNITY PSYCH CNTR COM 204015101 44100 3600000 SH DEFINED 011516 3600000 COMMUNITY PSYCH CNTR COM 204015101 41 3360 SH DEFINED 0103 3360 CHILE TELEPHONE CO COM 204449201 5801 70000 SH DEFINED 0135 70000 COMP NAVIERA PEREZ COM 204484109 10600 1000000 SH DEFINED 0135 1000000 COMPAQ COMPUTER CORP COM 204493100 26400 550000 SH DEFINED 0130 550000 COMPAQ COMPUTER CORP COM 204493100 7920 165000 SH DEFINED 0108 165000 COMPAQ COMPUTER CORP COM 204493100 19200 400000 SH DEFINED 0126 400000 COMPAQ COMPUTER CORP COM 204493100 24000 500000 SH DEFINED 0111 500000 COMPAQ COMPUTER CORP COM 204493100 52800 1100000 SH DEFINED 0124 1100000 COMPAQ COMPUTER CORP COM 204493100 2078 43300 SH DEFINED 0125 43300 COMPAQ COMPUTER CORP COM 204493100 4800 100000 SH DEFINED 011622 100000 COMPAQ COMPUTER CORP COM 204493100 9600 200000 SH DEFINED 011623 200000 COMPAQ COMPUTER CORP COM 204493100 14400 300000 SH DEFINED 011618 300000 COMPAQ COMPUTER CORP COM 204493100 1680 35000 SH DEFINED 011619 35000 COMPAQ COMPUTER CORP COM 204493100 7680 160000 SH DEFINED 011614 160000 COMPAQ COMPUTER CORP COM 204493100 279573 5824357 SH DEFINED 0102 5824357 COMPAQ COMPUTER CORP COM 204493100 8726 181800 SH DEFINED 0131 181800 COMPAQ COMPUTER CORP COM 204493100 4115 85720 SH DEFINED 0103 85720 COMPAQ COMPUTER CORP COM 204493100 29261 609600 SH DEFINED 01 609600 COMPUTATIONAL SYSTEM COM 204828107 1473 95000 SH DEFINED 011614 95000 COMPUTER ASSOC COM 204912109 8531 150000 SH DEFINED 0108 150000 COMPUTER ASSOC COM 204912109 91000 1600000 SH DEFINED 0126 1600000 COMPUTER ASSOC COM 204912109 56875 1000000 SH DEFINED 0124 1000000 COMPUTER ASSOC COM 204912109 3154 55450 SH DEFINED 0125 55450 COMPUTER ASSOC COM 204912109 8531 150000 SH DEFINED 011622 150000 COMPUTER ASSOC COM 204912109 21243 373500 SH DEFINED 011623 373500 COMPUTER ASSOC COM 204912109 12933 227400 SH DEFINED 011516 227400 COMPUTER ASSOC COM 204912109 26731 470000 SH DEFINED 011618 470000 COMPUTER ASSOC COM 204912109 162725 2861028 SH DEFINED 0102 2861028 COMPUTER ASSOC COM 204912109 4785 84138 SH DEFINED 0103 84138 COMPUTER ASSOC COM 204912109 18757 329800 SH DEFINED 01 329800 COMPUTER SCIENCES COM 205363104 73763 1050000 SH DEFINED 0126 1050000 COMPUTER SCIENCES COM 205363104 2740 39000 SH DEFINED 011620 39000 COMPUTER SCIENCES COM 205363104 12645 180000 SH DEFINED 011614 180000 PAGE 18 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE COMPUTER SCIENCES COM 205363104 28 400 SH DEFINED 0102 400 COMPUTER SCIENCES COM 205363104 11809 168100 SH DEFINED 0131 168100 COMPUTER SCIENCES COM 205363104 943 13425 SH DEFINED 0103 13425 CONAGRA COM 205887102 20625 500000 SH DEFINED 0130 500000 CONAGRA COM 205887102 13406 325000 SH DEFINED 0108 325000 CONAGRA COM 205887102 148500 3600000 SH DEFINED 0126 3600000 CONAGRA COM 205887102 12169 295000 SH DEFINED 0107 295000 CONAGRA COM 205887102 26813 650000 SH DEFINED 011618 650000 CONAGRA COM 205887102 50 1200 SH DEFINED 0102 1200 CONAGRA COM 205887102 848 20562 SH DEFINED 0103 20562 CONAGRA COM 205887102 9229 223730 SH DEFINED 01 223730 COMSHARE COM 205912108 1820 70000 SH DEFINED 011619 70000 CONCORDIA PAPER COM 206575102 866 110000 SH DEFINED 0128 110000 CONRAIL INC. COM 208368100 21000 300000 SH DEFINED 0130 300000 CONRAIL INC. COM 208368100 8750 125000 SH DEFINED 0108 125000 CONRAIL INC. COM 208368100 107833 1540160 SH DEFINED 0102 1540160 CONRAIL INC. COM 208368100 1170 16711 SH DEFINED 0103 16711 CONRAIL INC. COM 208368100 2030 29000 SH DEFINED 01 29000 CONSOLIDATED EDISON COM 209111103 81 2500 SH DEFINED 0102 2500 CONSOLIDATED EDISON COM 209111103 713 22296 SH DEFINED 0103 22296 CON FREIGHTWAYS COM 209237106 84 3186 SH DEFINED 0103 3186 CONSOLIDATED NAT GAS COM 209615103 310 6840 SH DEFINED 0103 6840 CONTROL DATA SYS INC COM 21238F106 6378 325000 SH DEFINED 011516 325000 COOPER INDUSTRIES COM 216669101 292 7948 SH DEFINED 0103 7948 CBE-WYMAN GORDON CONV PFD STOCK 216669606 19938 1450000 SH DEFINED 0130 1450000 COOPER TIRE & RUBBER COM 216831107 156 6327 SH DEFINED 0103 6327 COORS ADOLPH COM 217016104 1106 50000 SH DEFINED 011614 50000 COORS ADOLPH COM 217016104 62 2790 SH DEFINED 0103 2790 CORAM HEALTHCARE COR COM 218103109 17391 3975000 SH DEFINED 011516 3975000 CORDIANT COM 218514107 4000 1000000 SH DEFINED 011516 1000000 CORDIS CORP COM 218525103 5025 50000 SH DEFINED 0128 50000 CORDIS CORP COM 218525103 221 2200 SH DEFINED 0102 2200 CORESTATES FINANCIAL COM 218695104 382 10096 SH DEFINED 0103 10096 CORNING (DEL) MIPS PREFERRED STOCK 219319209 9823 195000 SH DEFINED 0107 195000 CORNING INC COM 219350105 547 17089 SH DEFINED 0103 17089 CORPORATE EXPRESS COM 219888104 2410 80000 SH DEFINED 011619 80000 CORPORATE EXPRESS COM 219888104 10694 355000 SH DEFINED 011614 355000 CORPORATE EXPRESS COM 219888104 598 19836 SH DEFINED 0102 19836 CORPORATE EXPRESS COM 219888104 6118 203100 SH DEFINED 0131 203100 CORPORATE EXPRESS COM 219888104 334 11100 SH DEFINED 0103 11100 COX BROADCAST COM 224044107 11700 600000 SH DEFINED 011516 600000 COX BROADCAST COM 224044107 18 900 SH DEFINED 0102 900 COX BROADCAST COM 224044107 6577 337300 SH DEFINED 0131 337300 COX BROADCAST COM 224044107 374 19200 SH DEFINED 0103 19200 CRANE CO. COM 224399105 83 2259 SH DEFINED 0103 2259 CRAY RESEARCH INC COM 225224104 46 1878 SH DEFINED 0103 1878 CREDENCE SYSTEMS COR COM 225302108 5719 250000 SH DEFINED 0106 250000 CREDITT LYON CAP COM 225386101 0 1 SH DEFINED 0103 1 CRESTAR FINANCIAL CO COM 226091106 8 133 SH DEFINED 0102 133 CROWN AMERICA COM 228186102 5987 760200 SH DEFINED 0113 760200 PAGE 19 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE CROWN CORK & SEAL COM 228255105 25050 600000 SH DEFINED 0130 600000 CROWN CORK & SEAL COM 228255105 10438 250000 SH DEFINED 0108 250000 CROWN CORK & SEAL COM 228255105 31313 750000 SH DEFINED 0124 750000 CROWN CORK & SEAL COM 228255105 8350 200000 SH DEFINED 011516 200000 CROWN CORK & SEAL COM 228255105 24215 580000 SH DEFINED 011618 580000 CROWN CORK & SEAL COM 228255105 501 12000 SH DEFINED 011620 12000 CROWN CORK & SEAL COM 228255105 73147 1751942 SH DEFINED 0102 1751942 CROWN CORK & SEAL COM 228255105 484 11596 SH DEFINED 0103 11596 CROWN CORK & SEAL COM 228255105 1002 24000 SH DEFINED 01 24000 CROWN PKG WTS WARRANT 228443115 100 10000 SH DEFINED 0109 10000 CROWN RESOURCES NEW COM 228569109 370 75000 SH DEFINED 0127 75000 CULLIGAN WATER COM 230029100 849 35000 SH DEFINED 011619 35000 CULLIGAN WATER COM 230029100 3880 160000 SH DEFINED 011614 160000 CULLIGAN WATER COM 230029100 3772 155500 SH DEFINED 0102 155500 CULLIGAN WATER COM 230029100 2372 97800 SH DEFINED 0131 97800 CULLIGAN WATER COM 230029100 272 11200 SH DEFINED 0103 11200 CUMMINS ENGINE COM 231021106 110 2970 SH DEFINED 0103 2970 CURATIVE TECHNOLOGIE COM 231264102 1995 140000 SH DEFINED 011619 140000 CURATIVE TECHNOLOGIE COM 231264102 5700 400000 SH DEFINED 011614 400000 CYPRUS AMAX MINERALS COM 232809103 178 6824 SH DEFINED 0103 6824 DQE COM 23329J104 7688 250000 SH DEFINED 0132 250000 DPL INC COM 233293109 11138 450000 SH DEFINED 0132 450000 DPL INC COM 233293109 12576 508117 SH DEFINED 0103 508117 DSC COMMUNICATIONS COM 233311109 18438 500000 SH DEFINED 0126 500000 DSC COMMUNICATIONS COM 233311109 155 4200 SH DEFINED 0125 4200 DSC COMMUNICATIONS COM 233311109 14750 400000 SH DEFINED 011618 400000 DSC COMMUNICATIONS COM 233311109 40 1100 SH DEFINED 0102 1100 DSC COMMUNICATIONS COM 233311109 343 9298 SH DEFINED 0103 9298 DST SYSTEMS COM 233326107 8550 300000 SH DEFINED 011516 300000 DST SYSTEMS COM 233326107 7705 270300 SH DEFINED 0102 270300 DST SYSTEMS COM 233326107 234 8200 SH DEFINED 0103 8200 DAIRY MART WARRANTS WARRANT 2338602*5 69 51666 SH DEFINED 0104 51666 DAIRY MART WARRANTS WARRANT 2338602*5 414 311333 SH DEFINED 0109 311333 DAIRY MART WARRANTS WARRANT 2338602*5 13 10000 SH DEFINED 011621 10000 DANA CORP COM 235811106 7313 250000 SH DEFINED 0108 250000 DANA CORP COM 235811106 23400 800000 SH DEFINED 0113 800000 DANA CORP COM 235811106 76 2600 SH DEFINED 0125 2600 DANA CORP COM 235811106 9 300 SH DEFINED 0102 300 DANA CORP COM 235811106 220 7527 SH DEFINED 0103 7527 DANAHER CORP COM 235851102 5398 170000 SH DEFINED 0128 170000 DANKA BUSINESS SYS P COM 236277109 29600 800000 SH DEFINED 0111 800000 DANKA BUSINESS SYS P COM 236277109 4995 135000 SH DEFINED 011622 135000 DANKA BUSINESS SYS P COM 236277109 11100 300000 SH DEFINED 011623 300000 DANKA BUSINESS SYS P COM 236277109 14800 400000 SH DEFINED 011614 400000 DANKA BUSINESS SYS P COM 236277109 222 6000 SH DEFINED 0102 6000 DARDEN RESTAURANT COM 237194105 138 11580 SH DEFINED 0103 11580 DATA BROADCASTING CO COM 237596101 2723 220000 SH DEFINED 011619 220000 DATA GENERAL COM 237688106 38 2758 SH DEFINED 0103 2758 DATA I/O COM 237690102 0 1 SH DEFINED 0103 1 DAYTON HUDSON CORP COM 239753106 28125 375000 SH DEFINED 0113 375000 PAGE 20 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE DAYTON HUDSON CORP COM 239753106 6214 82815 SH DEFINED 0102 82815 DAYTON HUDSON CORP COM 239753106 22500 300000 SH DEFINED 0131 300000 DAYTON HUDSON CORP COM 239753106 1184 15782 SH DEFINED 0103 15782 DAYTON HUDSON CORP COM 239753106 1212 16165 SH DEFINED 01 16165 DEBEERS CONS MINES COM 240253302 6050 200000 SH DEFINED 0128 200000 DEAN WITTER COM 24240V101 61100 1300000 SH DEFINED 0126 1300000 DEAN WITTER COM 24240V101 381 8100 SH DEFINED 0125 8100 DEAN WITTER COM 24240V101 18800 400000 SH DEFINED 011618 400000 DEAN WITTER COM 24240V101 392 8370 SH DEFINED 0102 8370 DEAN WITTER COM 24240V101 4324 92000 SH DEFINED 0131 92000 DEAN WITTER COM 24240V101 997 21222 SH DEFINED 0103 21222 DEERE & COMPANY COM 244199105 18506 525000 SH DEFINED 0130 525000 DEERE & COMPANY COM 244199105 14100 400000 SH DEFINED 0126 400000 DEERE & COMPANY COM 244199105 37013 1050000 SH DEFINED 0111 1050000 DEERE & COMPANY COM 244199105 4463 126600 SH DEFINED 0125 126600 DEERE & COMPANY COM 244199105 6028 171000 SH DEFINED 011622 171000 DEERE & COMPANY COM 244199105 10364 294000 SH DEFINED 011623 294000 DEERE & COMPANY COM 244199105 7755 220000 SH DEFINED 011618 220000 DEERE & COMPANY COM 244199105 27461 779046 SH DEFINED 0102 779046 DEERE & COMPANY COM 244199105 3024 85796 SH DEFINED 0103 85796 DEERE & COMPANY COM 244199105 9726 275900 SH DEFINED 01 275900 DE RIGO SPA ADR COM 245334107 27 1200 SH DEFINED 01 1200 DELL COMPUTER CORP COM 247025109 20775 600000 SH DEFINED 0126 600000 DEL MARVA P&L COM 247109101 6825 300000 SH DEFINED 0132 300000 DELTA AIR LINES COM 247361108 30 400 SH DEFINED 0125 400 DELTA AIR LINES COM 247361108 7 100 SH DEFINED 0102 100 DELTA AIR LINES COM 247361108 278 3764 SH DEFINED 0103 3764 DELTA AIRLINES $50 @ CONV PFD STOCK 247361306 24433 411500 SH DEFINED 01 411500 DELUXE CORPORATION COM 248019101 14500 500000 SH DEFINED 011516 500000 DELUXE CORPORATION COM 248019101 176 6083 SH DEFINED 0103 6083 DEPARTMENT 56 COM 249509100 3838 100000 SH DEFINED 0128 100000 DEPARTMENT 56 COM 249509100 576 15000 SH DEFINED 011620 15000 DETROIT EDISON COM 250847100 373 10809 SH DEFINED 0103 10809 DEVELOPERS DIV RLTY CONV BOND 251591AA1 3500 3500000 PRN DEFINED 0104 3500000 DEVELOPERS DIV RLTY CONV BOND 251591AA1 1500 1500000 PRN DEFINED 011621 1500000 DEVON ENERGY COM 251799102 7013 275000 SH DEFINED 0106 275000 DEVON ENERGY COM 251799102 15939 625000 SH DEFINED 0102 625000 DEVON ENERGY COM 251799102 500 19600 SH DEFINED 0103 19600 DIAGNOSTIC RETR 144A CONV BOND 252456AB4 3000 3000000 PRN DEFINED 0104 3000000 DIAL PAGE WARRANTS WARRANT 252460993 0 18902 SH DEFINED 0109 18902 DIAL CORP ARIZONA COM 252470109 202 6834 SH DEFINED 0103 6834 DIAMOND MULTIMEDIA COM 252714100 2153 60000 SH DEFINED 011619 60000 DIAMOND MULTIMEDIA COM 252714100 6816 190000 SH DEFINED 011614 190000 DIAMOND MULTIMEDIA COM 252714100 8564 238700 SH DEFINED 0102 238700 DIAMOND MULTIMEDIA COM 252714100 265 7400 SH DEFINED 0103 7400 DIEBOLD INC. COM 253651103 3516 63500 SH DEFINED 0128 63500 DIGITAL EQUIPMENT COM 253849103 703 10959 SH DEFINED 0103 10959 DILLARD DEPT CLASS A COM 254063100 21375 750000 SH DEFINED 0124 750000 DILLARD DEPT CLASS A COM 254063100 242 8483 SH DEFINED 0103 8483 DISNEY WALT CO COM 254687106 29500 500000 SH DEFINED 0111 500000 PAGE 21 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE DISNEY WALT CO COM 254687106 29500 500000 SH DEFINED 0124 500000 DISNEY WALT CO COM 254687106 425 7200 SH DEFINED 0125 7200 DISNEY WALT CO COM 254687106 5310 90000 SH DEFINED 011622 90000 DISNEY WALT CO COM 254687106 11800 200000 SH DEFINED 011623 200000 DISNEY WALT CO COM 254687106 11800 200000 SH DEFINED 011618 200000 DISNEY WALT CO COM 254687106 296 5000 SH DEFINED 0102 5000 DISNEY WALT CO COM 254687106 2348 39798 SH DEFINED 0103 39798 DR PEPPER BOTTLING COM 25612T103 450 100000 SH DEFINED 0109 100000 DOMINION RES INC VA COM 257470104 6188 150000 SH DEFINED 0132 150000 DOMINION RES INC VA COM 257470104 182 4400 SH DEFINED 0102 4400 DOMINION RES INC VA COM 257470104 890 21580 SH DEFINED 0103 21580 DONALDSON COM 257661108 9 300 SH DEFINED 0102 300 DONALDSON COM 257661108 3031 97000 SH DEFINED 0131 97000 DONALDSON COM 257661108 188 6000 SH DEFINED 0103 6000 DONNELLEY (RR)&SONS COM 257867101 102 2600 SH DEFINED 0125 2600 DONNELLEY (RR)&SONS COM 257867101 22 550 SH DEFINED 0102 550 DONNELLEY (RR)&SONS COM 257867101 446 11322 SH DEFINED 0103 11322 DOVATRON INERNAT'L COM 259859106 1350 40000 SH DEFINED 011619 40000 DOVER CORP COM 260003108 90429 2452334 SH DEFINED 0103 2452334 DOW CHEMICAL COM 260543103 33428 475000 SH DEFINED 0113 475000 DOW CHEMICAL COM 260543103 10204 145000 SH DEFINED 0107 145000 DOW CHEMICAL COM 260543103 22872 325000 SH DEFINED 0131 325000 DOW CHEMICAL COM 260543103 2230 31684 SH DEFINED 0103 31684 DOW CHEMICAL COM 260543103 6756 96000 SH DEFINED 01 96000 DOW JONES & CO COM 260561105 287 7207 SH DEFINED 0103 7207 DRESSER INDUSTRIES COM 261597108 326 13372 SH DEFINED 0103 13372 DRIEFONTEIN CON ADR COM 262026503 1238 100000 SH DEFINED 0127 100000 DREYFUS MONEY MARKET COM 262904204 4 3685 SH DEFINED 01 3685 E I DUPONT COM 263534109 20963 300000 SH DEFINED 0130 300000 E I DUPONT COM 263534109 9524 136345 SH DEFINED 0102 136345 E I DUPONT COM 263534109 3520 50379 SH DEFINED 0103 50379 DUKE POWER COMPANY COM 264399106 16581 350000 SH DEFINED 0113 350000 DUKE POWER COMPANY COM 264399106 9475 200000 SH DEFINED 0132 200000 DUKE POWER COMPANY COM 264399106 2037 43000 SH DEFINED 0125 43000 DUKE POWER COMPANY COM 264399106 11607 245000 SH DEFINED 0107 245000 DUKE POWER COMPANY COM 264399106 4738 100000 SH DEFINED 011618 100000 DUKE POWER COMPANY COM 264399106 1374 29000 SH DEFINED 011620 29000 DUKE POWER COMPANY COM 264399106 446 9400 SH DEFINED 0102 9400 DUKE POWER COMPANY COM 264399106 1132 23902 SH DEFINED 0103 23902 DUKE POWER COMPANY COM 264399106 2132 45000 SH DEFINED 01 45000 DUKE REALTY COM 264411505 6275 200000 SH DEFINED 0130 200000 DUKE REALTY COM 264411505 6432 205000 SH DEFINED 011618 205000 DUN & BRADSTREET CP COM 264830100 27519 425000 SH DEFINED 0113 425000 DUN & BRADSTREET CP COM 264830100 45325 700000 SH DEFINED 011516 700000 DUN & BRADSTREET CP COM 264830100 21044 325000 SH DEFINED 0131 325000 DUN & BRADSTREET CP COM 264830100 1573 24295 SH DEFINED 0103 24295 DURACELL COM 26633L103 38813 750000 SH DEFINED 0130 750000 DURACELL COM 26633L103 72450 1400000 SH DEFINED 0126 1400000 DURACELL COM 26633L103 31050 600000 SH DEFINED 0111 600000 DURACELL COM 26633L103 12938 250000 SH DEFINED 0124 250000 PAGE 22 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE DURACELL COM 26633L103 4119 79600 SH DEFINED 011622 79600 DURACELL COM 26633L103 9129 176400 SH DEFINED 011623 176400 DURACELL COM 26633L103 1811 35000 SH DEFINED 011619 35000 DURACELL COM 26633L103 2406 46500 SH DEFINED 011620 46500 DURACELL COM 26633L103 9056 175000 SH DEFINED 011614 175000 DURACELL COM 26633L103 32938 636452 SH DEFINED 0102 636452 DURACELL COM 26633L103 6702 129500 SH DEFINED 0131 129500 DURACELL COM 26633L103 1869 36100 SH DEFINED 0103 36100 DURACELL COM 26633L103 19215 371305 SH DEFINED 01 371305 ECI TELECOMMUNICATIO COM 268258100 288 12645 SH DEFINED 01 12645 E G & G INC COM 268457108 95 3904 SH DEFINED 0103 3904 ENSCO INTL INC COM 26874Q100 2070 90000 SH DEFINED 011619 90000 ENSCO INTL INC COM 26874Q100 9200 400000 SH DEFINED 011614 400000 ENSCO INTL INC COM 26874Q100 4466 194100 SH DEFINED 0102 194100 ENSCO INTL INC COM 26874Q100 145 6300 SH DEFINED 0103 6300 EASTERN ENTERPRISES COM 27637F100 52 1486 SH DEFINED 0103 1486 EASTMAN CHEMICAL CO COM 277432100 370 5914 SH DEFINED 0103 5914 EASTMAN KODAK COM 277461109 1683 25114 SH DEFINED 0103 25114 EATON CORP COM 278058102 309 5754 SH DEFINED 0103 5754 ECHLIN INC COM 278749106 124 3400 SH DEFINED 0125 3400 ECHLIN INC COM 278749106 48 1300 SH DEFINED 0102 1300 ECHLIN INC COM 278749106 226 6181 SH DEFINED 0103 6181 ECHO BAY MINES LTD COM 278751102 87 8386 SH DEFINED 0103 8386 ECOLAB, INC. COM 278865100 7800 260000 SH DEFINED 0128 260000 ECOLAB, INC. COM 278865100 78 2600 SH DEFINED 0125 2600 ECOLAB, INC. COM 278865100 30 1000 SH DEFINED 0102 1000 ECOLAB, INC. COM 278865100 8970 299000 SH DEFINED 0131 299000 ECOLAB, INC. COM 278865100 593 19781 SH DEFINED 0103 19781 ELAN CORP PLC ADR COM 284131208 1702 35000 SH DEFINED 011619 35000 ELAN CORP PLC ADR COM 284131208 6808 140000 SH DEFINED 011614 140000 ELECTRONIC ARTS INC COM 285512109 27 1020 SH DEFINED 01 1020 ELECTRO STAR COM 286164108 1509 175000 SH DEFINED 011614 175000 EMCOR Z WTS COM 29084Q134 0 3168 SH DEFINED 0103 3168 EMERSON ELECTRIC COM 291011104 16129 197300 SH DEFINED 0130 197300 EMERSON ELECTRIC COM 291011104 9524 116500 SH DEFINED 0108 116500 EMERSON ELECTRIC COM 291011104 24427 298800 SH DEFINED 0126 298800 EMERSON ELECTRIC COM 291011104 16129 197300 SH DEFINED 0113 197300 EMERSON ELECTRIC COM 291011104 6205 75900 SH DEFINED 0107 75900 EMERSON ELECTRIC COM 291011104 20438 250000 SH DEFINED 011516 250000 EMERSON ELECTRIC COM 291011104 30248 370000 SH DEFINED 011618 370000 EMERSON ELECTRIC COM 291011104 1521 18600 SH DEFINED 011620 18600 EMERSON ELECTRIC COM 291011104 25225 308595 SH DEFINED 0102 308595 EMERSON ELECTRIC COM 291011104 24525 300000 SH DEFINED 0131 300000 EMERSON ELECTRIC COM 291011104 2142 26199 SH DEFINED 0103 26199 EMERSON ELECTRIC COM 291011104 2453 30000 SH DEFINED 01 30000 EMMIS BROADCASTING C COM 291525103 2570 82900 SH DEFINED 011516 82900 EMMIS BROADCASTING C COM 291525103 515 16600 SH DEFINED 011619 16600 EMMIS BROADCASTING C COM 291525103 2145 69200 SH DEFINED 011614 69200 EMPI INC COM 291586105 1913 75000 SH DEFINED 011619 75000 EMPIRE DISTRICT ELEC COM 291641108 9455 528978 SH DEFINED 0103 528978 PAGE 23 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE EMPRESA NACIONAL DE COM 292447208 5725 100000 SH DEFINED 0132 100000 EMPRESAS ICA S COM 292448107 2050 200000 SH DEFINED 0128 200000 EMPRESAS ICA S COM 292448107 5140 501500 SH DEFINED 0112 501500 EMPRESAS ICA S COM 292448107 6150 600000 SH DEFINED 0135 600000 EMPRESAS ICA S COM 292448107 5673 553500 SH DEFINED 011617 553500 ENERGY BIO 144A $50 CONV PFD STOCK 29265L201 1542 35000 SH DEFINED 011614 35000 ENGELHARD CORP COM 292845104 224 10298 SH DEFINED 0103 10298 ENHANCE FINANCIAL SV COM 293310108 8230 309100 SH DEFINED 0128 309100 ENRON GLOBAL POWER COM 29356M100 10696 430000 SH DEFINED 0107 430000 ENRON CORP COM 293561106 76250 2000000 SH DEFINED 0126 2000000 ENRON CORP COM 293561106 11438 300000 SH DEFINED 0132 300000 ENRON CORP COM 293561106 22875 600000 SH DEFINED 0124 600000 ENRON CORP COM 293561106 10484 275000 SH DEFINED 0107 275000 ENRON CORP COM 293561106 19063 500000 SH DEFINED 011618 500000 ENRON CORP COM 293561106 1296 34000 SH DEFINED 011620 34000 ENRON CORP COM 293561106 10069 264105 SH DEFINED 0102 264105 ENRON CORP COM 293561106 5338 140000 SH DEFINED 0131 140000 ENRON CORP COM 293561106 1098 28774 SH DEFINED 0103 28774 ENRON CORP COM 293561106 572 15000 SH DEFINED 01 15000 ENRON OIL & GAS CO COM 293562104 10800 450000 SH DEFINED 0108 450000 ENRON OIL & GAS CO COM 293562104 33955 1414900 SH DEFINED 0102 1414900 ENRON OIL & GAS CO COM 293562104 10920 455000 SH DEFINED 0131 455000 ENRON OIL & GAS CO COM 293562104 1783 74300 SH DEFINED 0103 74300 ENSERCH CORP COM 293567103 80 4934 SH DEFINED 0103 4934 ENTERGY CORP COM 29364G103 486 16624 SH DEFINED 0103 16624 ENVOY CORP COM 293982104 13850 800000 SH DEFINED 011516 800000 ENVIRODYNE IND INC COM 294037205 2545 727116 SH DEFINED 0109 727116 ENVIRODYNE IND INC COM 294037205 318 90890 SH DEFINED 011621 90890 ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 3998 30000 SH DEFINED 0104 30000 ENVIROSOURCE $100 G CONV PFD STOCK 29409K507 18922 142000 SH DEFINED 0109 142000 EPIC VS LARGE CO COM 294299995 525 31250 SH DEFINED 0102 31250 EQUITABLE COMPANIES CONV BOND 29444GAE7 22925 20000000 PRN DEFINED 0130 20000000 EQUITABLE COMPANIES CONV BOND 29444GAE7 15474 13500000 PRN DEFINED 0124 13500000 EQUITABLE COS INC COM 29444G107 1 22 SH DEFINED 0116 22 EQUITY RESIDENTIAL COM 29476L107 6125 200000 SH DEFINED 0130 200000 EQUITY RESIDENTIAL COM 29476L107 6125 200000 SH DEFINED 0108 200000 EQUITY RESIDENTIAL COM 29476L107 16844 550000 SH DEFINED 0113 550000 EQUITY RESIDENTIAL COM 29476L107 4594 150000 SH DEFINED 0132 150000 EQUITY RESIDENTIAL COM 29476L107 9188 300000 SH DEFINED 011618 300000 ERICSSON LM 'B' ADR COM 294821400 23400 1200000 SH DEFINED 0111 1200000 ERICSSON LM 'B' ADR COM 294821400 3900 200000 SH DEFINED 0132 200000 ERICSSON LM 'B' ADR COM 294821400 4875 250000 SH DEFINED 011622 250000 ERICSSON LM 'B' ADR COM 294821400 11700 600000 SH DEFINED 011623 600000 ERICSSON LM 'B' ADR COM 294821400 5850 300000 SH DEFINED 011618 300000 ERICSSON LM 'B' ADR COM 294821400 10507 538622 SH DEFINED 0102 538622 ERICSSON LM 'B' ADR COM 294821400 819 42000 SH DEFINED 01 42000 ERICSSON LM ADR'S COM 294821509 24750 9000000 SH DEFINED 0130 9000000 ERICSSON LM ADR'S COM 294821509 20625 7500000 SH DEFINED 0124 7500000 ETHAN ALLEN COM 297602104 5094 250000 SH DEFINED 0128 250000 ETHYL CORP COM 297659104 3438 275000 SH DEFINED 0128 275000 PAGE 24 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE EXABYTE CORP COM 300615101 4534 310000 SH DEFINED 0128 310000 EXABYTE CORP COM 300615101 8775 600000 SH DEFINED 0106 600000 EXABYTE CORP COM 300615101 1771 121100 SH DEFINED 011619 121100 EXABYTE CORP COM 300615101 7735 528900 SH DEFINED 011614 528900 EXXON COM 302290101 80125 1000000 SH DEFINED 0126 1000000 EXXON COM 302290101 13221 165000 SH DEFINED 0107 165000 EXXON COM 302290101 1603 20000 SH DEFINED 011620 20000 EXXON COM 302290101 33655 420064 SH DEFINED 0102 420064 EXXON COM 302290101 7321 91373 SH DEFINED 0103 91373 EXXON COM 302290101 7692 96000 SH DEFINED 01 96000 EYE CARE CTR WTS'03 WARRANT 302294137 50 5000 SH DEFINED 0104 5000 EYE CARE CTR WTS'03 WARRANT 302294137 30 3000 SH DEFINED 011621 3000 F & M BANCORPORATION COM 302371109 965 37100 SH DEFINED 0128 37100 FCFT INC COM 30241V107 18 554 SH DEFINED 0102 554 FMC CORP COM 302491303 184 2720 SH DEFINED 0103 2720 FPA MEDICAL MGMT INC COM 302543103 5625 600000 SH DEFINED 011516 600000 FPL GROUP INC. COM 302571104 11594 250000 SH DEFINED 0132 250000 FPL GROUP INC. COM 302571104 5797 125000 SH DEFINED 0124 125000 FPL GROUP INC. COM 302571104 11362 245000 SH DEFINED 0107 245000 FPL GROUP INC. COM 302571104 18550 400000 SH DEFINED 011618 400000 FPL GROUP INC. COM 302571104 1159 25000 SH DEFINED 011620 25000 FPL GROUP INC. COM 302571104 631 13607 SH DEFINED 0103 13607 FTP SOFTWARE COM 302660105 15950 550000 SH DEFINED 0106 550000 FTP SOFTWARE COM 302660105 14500 500000 SH DEFINED 011516 500000 FTP SOFTWARE COM 302660105 3335 115000 SH DEFINED 01 115000 FEDERAL EXPRESS COM 313309106 81 1100 SH DEFINED 0125 1100 FEDERAL EXPRESS COM 313309106 12559 170000 SH DEFINED 011618 170000 FEDERAL EXPRESS COM 313309106 28 400 SH DEFINED 0102 400 FEDERAL EXPRESS COM 313309106 334 4518 SH DEFINED 0103 4518 FED HOME LOAN MTG CP COM 313400301 501 6000 SH DEFINED 0125 6000 FED HOME LOAN MTG CP COM 313400301 149 1800 SH DEFINED 0102 1800 FED HOME LOAN MTG CP COM 313400301 1565 18741 SH DEFINED 0103 18741 FEDERAL NATL MTGE COM 313586109 22343 180000 SH DEFINED 011618 180000 FEDERAL NATL MTGE COM 313586109 69565 560448 SH DEFINED 0102 560448 FEDERAL NATL MTGE COM 313586109 3825 30816 SH DEFINED 0103 30816 FEDERAL PAPER BOARD COM 313693103 181 3493 SH DEFINED 0103 3493 FEDERAL SIGNAL CORP COM 313855108 2148 83000 SH DEFINED 011620 83000 FEDERATED DPT STORES COM 31410H101 19250 700000 SH DEFINED 011516 700000 FEDERATED DPT STORES COM 31410H101 393 14300 SH DEFINED 0103 14300 FEDERATED DPT STORES COM 31410H101 7838 285000 SH DEFINED 01 285000 FEDERATED DPT RES WARRANT 31410J115 292 72890 SH DEFINED 0109 72890 FEDERATED DPT RES WARRANT 31410J115 24 6000 SH DEFINED 011621 6000 FELCOR HOTEL COM 314305103 5134 185000 SH DEFINED 0107 185000 FIDELITY MAGELLAN FD COM 316184100 4 52 SH DEFINED 01 52 FIRST AMERICAN CORP/ COM 318900107 6869 145000 SH DEFINED 0128 145000 FIRST BANK SYSTEM COM 319279105 150 3000 SH DEFINED 0102 3000 FIRST BANK SYSTEM COM 319279105 478 9625 SH DEFINED 0103 9625 FIRST CHICAGO NBD COM 31945A100 35748 905000 SH DEFINED 0130 905000 FIRST CHICAGO NBD COM 31945A100 9085 230000 SH DEFINED 0108 230000 FIRST CHICAGO NBD COM 31945A100 71495 1810000 SH DEFINED 0126 1810000 PAGE 25 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE FIRST CHICAGO NBD COM 31945A100 28598 724000 SH DEFINED 0111 724000 FIRST CHICAGO NBD COM 31945A100 16086 407250 SH DEFINED 0124 407250 FIRST CHICAGO NBD COM 31945A100 1080 27331 SH DEFINED 0125 27331 FIRST CHICAGO NBD COM 31945A100 16801 425350 SH DEFINED 0107 425350 FIRST CHICAGO NBD COM 31945A100 7128 180457 SH DEFINED 011622 180457 FIRST CHICAGO NBD COM 31945A100 15850 401277 SH DEFINED 011623 401277 FIRST CHICAGO NBD COM 31945A100 27650 700000 SH DEFINED 011516 700000 FIRST CHICAGO NBD COM 31945A100 29625 750000 SH DEFINED 011618 750000 FIRST CHICAGO NBD COM 31945A100 140293 3551695 SH DEFINED 0102 3551695 FIRST CHICAGO NBD COM 31945A100 5670 143533 SH DEFINED 0131 143533 FIRST CHICAGO NBD COM 31945A100 3280 83033 SH DEFINED 0103 83033 FIRST CHICAGO NBD COM 31945A100 7717 195370 SH DEFINED 01 195370 FIRST CHI SRV 50 NBD CONV PFD STOCK 31945A407 73941 1103600 SH DEFINED 01 1103600 1ST CHICAGO NXTL NBD CONV PFD STOCK 31945A803 16200 900000 SH DEFINED 0130 900000 1ST CHICAGO NXTL NBD CONV PFD STOCK 31945A803 27769 1542700 SH DEFINED 011516 1542700 FIRST DATA CORP COM 319963104 140504 2101000 SH DEFINED 0126 2101000 FIRST DATA CORP COM 319963104 42423 634360 SH DEFINED 0111 634360 FIRST DATA CORP COM 319963104 6703 100228 SH DEFINED 011622 100228 FIRST DATA CORP COM 319963104 14933 223294 SH DEFINED 011623 223294 FIRST DATA CORP COM 319963104 26750 400000 SH DEFINED 011516 400000 FIRST DATA CORP COM 319963104 25413 380000 SH DEFINED 011618 380000 FIRST DATA CORP COM 319963104 2006 30000 SH DEFINED 011619 30000 FIRST DATA CORP COM 319963104 13997 209295 SH DEFINED 011614 209295 FIRST DATA CORP COM 319963104 27537 411691 SH DEFINED 0102 411691 FIRST DATA CORP COM 319963104 7954 118942 SH DEFINED 0131 118942 FIRST INTERSTATE BAN COM 320548100 764 5596 SH DEFINED 0103 5596 FIRST MISS CORP COM 320891104 663 25000 SH DEFINED 0127 25000 FIRST UNION CORP COM 337358105 27813 500000 SH DEFINED 0113 500000 FIRST UNION CORP COM 337358105 1519 27300 SH DEFINED 0125 27300 FIRST UNION CORP COM 337358105 19191 345000 SH DEFINED 0107 345000 FIRST UNION CORP COM 337358105 485 8730 SH DEFINED 0102 8730 FIRST UNION CORP COM 337358105 23641 425000 SH DEFINED 0131 425000 FIRST UNION CORP COM 337358105 2065 37128 SH DEFINED 0103 37128 FIRSTMISS GOLD INC COM 33761W109 11125 500000 SH DEFINED 0130 500000 FIRSTMISS GOLD INC COM 33761W109 2225 100000 SH DEFINED 0127 100000 FISERV INC COM 337738108 30000 1000000 SH DEFINED 011516 1000000 FISHER SCIENTIFIC IN COM 338032105 10013 300000 SH DEFINED 011516 300000 FLEET FINANCIAL GRP COM 338915101 23297 571700 SH DEFINED 0113 571700 FLEET FINANCIAL GRP COM 338915101 19796 485800 SH DEFINED 0131 485800 FLEET FINANCIAL GRP COM 338915101 1476 36219 SH DEFINED 0103 36219 FLEETWOOD ENTERPRISE COM 339099103 88 3414 SH DEFINED 0103 3414 FLETCHER CHAL FOREST COM 339101982 603 422849 SH DEFINED 0112 422849 FLETCHER CHAL FOREST COM 339101982 660 462988 SH DEFINED 011617 462988 FLEMING CO COM 339130106 57 2752 SH DEFINED 0103 2752 FLORIDA PROGRESS COM 341109106 1238 35000 SH DEFINED 01 35000 FLUOR CORP COM 343861100 11220 170000 SH DEFINED 0108 170000 FLUOR CORP COM 343861100 44220 670000 SH DEFINED 0126 670000 FLUOR CORP COM 343861100 16500 250000 SH DEFINED 0111 250000 FLUOR CORP COM 343861100 13 200 SH DEFINED 0125 200 FLUOR CORP COM 343861100 3300 50000 SH DEFINED 011622 50000 PAGE 26 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE FLUOR CORP COM 343861100 6600 100000 SH DEFINED 011623 100000 FLUOR CORP COM 343861100 8580 130000 SH DEFINED 011614 130000 FLUOR CORP COM 343861100 731 11083 SH DEFINED 0102 11083 FLUOR CORP COM 343861100 5207 78900 SH DEFINED 0131 78900 FLUOR CORP COM 343861100 686 10395 SH DEFINED 0103 10395 FOOD LION INC CL A COM 344775200 19444 3400000 SH DEFINED 011516 3400000 FOODMAKER INC WARRANT 344839113 119 7000 SH DEFINED 0109 7000 FORD MOTOR COM 345370100 27550 950000 SH DEFINED 0113 950000 FORD MOTOR COM 345370100 3489 120300 SH DEFINED 0125 120300 FORD MOTOR COM 345370100 14935 515000 SH DEFINED 0107 515000 FORD MOTOR COM 345370100 2320 80000 SH DEFINED 011622 80000 FORD MOTOR COM 345370100 5220 180000 SH DEFINED 011623 180000 FORD MOTOR COM 345370100 25375 875000 SH DEFINED 011516 875000 FORD MOTOR COM 345370100 7656 263760 SH DEFINED 0102 263760 FORD MOTOR COM 345370100 20300 700000 SH DEFINED 0131 700000 FORD MOTOR COM 345370100 4705 162250 SH DEFINED 0103 162250 FORD MOTOR COM 345370100 4002 138000 SH DEFINED 01 138000 FORD MOTOR CO $50 CONV PFD STOCK 345370209 28 300 SH DEFINED 0102 300 FORE SYSTEMS COM 345449102 2678 45000 SH DEFINED 011619 45000 FORE SYSTEMS COM 345449102 10710 180000 SH DEFINED 011614 180000 FORE SYSTEMS COM 345449102 14959 251400 SH DEFINED 0102 251400 FORE SYSTEMS COM 345449102 10115 170000 SH DEFINED 0131 170000 FORE SYSTEMS COM 345449102 1119 18800 SH DEFINED 0103 18800 FOREST LABS COM 345838106 13996 309300 SH DEFINED 0130 309300 FOREST LABS COM 345838106 20363 450000 SH DEFINED 011516 450000 FOREST LABS COM 345838106 769 17000 SH DEFINED 011620 17000 FOSTER WHEELER COM 350244109 110 2587 SH DEFINED 0103 2587 FOUNDATION HEALTH CO COM 350401105 2025 47100 SH DEFINED 011619 47100 FOUNDATION HEALTH CO COM 350401105 9297 216200 SH DEFINED 011614 216200 FOUNDATION HEALTH CO COM 350401105 3809 88572 SH DEFINED 01 88572 FRACTAL DESIGN COM 351681101 1260 90000 SH DEFINED 011619 90000 FRAMLINGTON MAGHREB COM 351689997 2151 47400 SH DEFINED 0112 47400 FRAMLINGTON MAGHREB COM 351689997 2269 50000 SH DEFINED 011617 50000 FRANKLIN CUSTODY FD COM 353496607 0 31 SH DEFINED 01 31 FREE ST CON GLD MINE COM 356142208 363 50000 SH DEFINED 0127 50000 FREEPORT COPPER "B" COM 35671D857 28125 1000000 SH DEFINED 0130 1000000 FREEPORT COPPER "B" COM 35671D857 11842 421040 SH DEFINED 0124 421040 FREEPORT COPPER "B" COM 35671D857 6328 225000 SH DEFINED 0127 225000 FREEPORT COPPER "B" COM 35671D857 11250 400000 SH DEFINED 011618 400000 FREEPORT COPPER "B" COM 35671D857 426 15130 SH DEFINED 0103 15130 FRUIT OF THE LOOM A COM 359416104 137 5602 SH DEFINED 0103 5602 FUSION SYSTEMS COM 361129109 12600 450000 SH DEFINED 0106 450000 FUSION SYSTEMS COM 361129109 3752 134000 SH DEFINED 01 134000 GATX CORP COM 361448103 19450 400000 SH DEFINED 0113 400000 GEICO CORP. COM 361582109 35 500 SH DEFINED 0102 500 GNI GROUP COM 362022105 2845 429467 SH DEFINED 0135 429467 GT BIKE COM 36229H101 1156 125000 SH DEFINED 011619 125000 GTE CORP COM 362320103 22000 500000 SH DEFINED 0113 500000 GTE CORP COM 362320103 18700 425000 SH DEFINED 0132 425000 GTE CORP COM 362320103 1179 26800 SH DEFINED 0125 26800 PAGE 27 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE GTE CORP COM 362320103 19140 435000 SH DEFINED 0107 435000 GTE CORP COM 362320103 17600 400000 SH DEFINED 011618 400000 GTE CORP COM 362320103 145 3300 SH DEFINED 0102 3300 GTE CORP COM 362320103 3169 72020 SH DEFINED 0103 72020 GABLE RESIDENTIAL COM 362418105 9150 400000 SH DEFINED 0113 400000 GABLE RESIDENTIAL COM 362418105 3431 150000 SH DEFINED 0107 150000 GANDALF TECHNOLOGIES COM 364717108 3400 200000 SH DEFINED 011619 200000 GANNETT CO INC COM 364730101 32222 525000 SH DEFINED 0113 525000 GANNETT CO INC COM 364730101 10127 165000 SH DEFINED 0107 165000 GANNETT CO INC COM 364730101 42963 700000 SH DEFINED 011516 700000 GANNETT CO INC COM 364730101 24550 400000 SH DEFINED 0131 400000 GANNETT CO INC COM 364730101 1555 25324 SH DEFINED 0103 25324 GAP INC., THE COM 364760108 31500 750000 SH DEFINED 0130 750000 GAP INC., THE COM 364760108 7140 170000 SH DEFINED 0108 170000 GAP INC., THE COM 364760108 546 13000 SH DEFINED 0125 13000 GAP INC., THE COM 364760108 1680 40000 SH DEFINED 011620 40000 GAP INC., THE COM 364760108 22434 534120 SH DEFINED 0102 534120 GAP INC., THE COM 364760108 451 10734 SH DEFINED 0103 10734 GAP INC., THE COM 364760108 966 23000 SH DEFINED 01 23000 GART GROUP COM 366651107 26474 553000 SH DEFINED 0102 553000 GART GROUP COM 366651107 5429 113400 SH DEFINED 0131 113400 GART GROUP COM 366651107 1149 24000 SH DEFINED 0103 24000 GATEWAY 2000 COM 367833100 2156 88000 SH DEFINED 011619 88000 GATEWAY 2000 COM 367833100 9555 390000 SH DEFINED 011614 390000 GAYLORD ENTERTAINMEN COM 367901105 11794 425000 SH DEFINED 011516 425000 GAYLORD ENTERTAINMEN COM 367901105 4708 169642 SH DEFINED 0102 169642 GAYLORD ENTERTAINMEN COM 367901105 4712 169800 SH DEFINED 0131 169800 GAYLORD ENTERTAINMEN COM 367901105 392 14100 SH DEFINED 0103 14100 GAYLORD CONTAINER COM 368145108 3527 437500 SH DEFINED 0109 437500 GAYLORD CONTAIN WTS WARRANT 368145116 4219 562500 SH DEFINED 0109 562500 GENENTECH SPEC COM COM 368710307 53000 1000000 SH DEFINED 011516 1000000 GENENTECH SPEC COM COM 368710307 13267 250280 SH DEFINED 0102 250280 GENERAL CABLE PLC COM 36930Q101 13650 910000 SH DEFINED 0130 910000 GENERAL CABLE PLC COM 36930Q101 12450 830000 SH DEFINED 0124 830000 GENERAL DYNAMICS COM 369550108 11825 200000 SH DEFINED 0130 200000 GENERAL DYNAMICS COM 369550108 751 12700 SH DEFINED 0125 12700 GENERAL DYNAMICS COM 369550108 8869 150000 SH DEFINED 011618 150000 GENERAL DYNAMICS COM 369550108 338 5700 SH DEFINED 0102 5700 GENERAL DYNAMICS COM 369550108 759 12826 SH DEFINED 0103 12826 GENERAL ELECTRIC COM 369604103 37800 525000 SH DEFINED 0130 525000 GENERAL ELECTRIC COM 369604103 180000 2500000 SH DEFINED 0126 2500000 GENERAL ELECTRIC COM 369604103 36000 500000 SH DEFINED 0113 500000 GENERAL ELECTRIC COM 369604103 50400 700000 SH DEFINED 0124 700000 GENERAL ELECTRIC COM 369604103 13082 181700 SH DEFINED 0125 181700 GENERAL ELECTRIC COM 369604103 19440 270000 SH DEFINED 0107 270000 GENERAL ELECTRIC COM 369604103 72000 1000000 SH DEFINED 011618 1000000 GENERAL ELECTRIC COM 369604103 284303 3948660 SH DEFINED 0102 3948660 GENERAL ELECTRIC COM 369604103 25200 350000 SH DEFINED 0131 350000 GENERAL ELECTRIC COM 369604103 17105 237571 SH DEFINED 0103 237571 GENERAL ELECTRIC COM 369604103 30690 426255 SH DEFINED 01 426255 PAGE 28 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE GENERAL INSTRUMENT C COM 370121105 3506 150000 SH DEFINED 011618 150000 GENERAL INSTRUMENT C COM 370121105 678 29000 SH DEFINED 011620 29000 GENERAL INSTRUMENT C COM 370121105 9124 390320 SH DEFINED 0102 390320 GENERAL INSTRUMENT C COM 370121105 162 6950 SH DEFINED 0103 6950 GENERAL INSTRUMENT C COM 370121105 7808 334000 SH DEFINED 01 334000 GENERAL MILLS COM 370334104 23100 400000 SH DEFINED 0130 400000 GENERAL MILLS COM 370334104 46200 800000 SH DEFINED 011516 800000 GENERAL MILLS COM 370334104 674 11672 SH DEFINED 0103 11672 GENERAL MOTORS COM 370442105 10575 200000 SH DEFINED 0130 200000 GENERAL MOTORS COM 370442105 33047 625000 SH DEFINED 0113 625000 GENERAL MOTORS COM 370442105 10575 200000 SH DEFINED 0124 200000 GENERAL MOTORS COM 370442105 5478 103600 SH DEFINED 0125 103600 GENERAL MOTORS COM 370442105 37013 700000 SH DEFINED 011516 700000 GENERAL MOTORS COM 370442105 635 12000 SH DEFINED 011620 12000 GENERAL MOTORS COM 370442105 119350 2257189 SH DEFINED 0102 2257189 GENERAL MOTORS COM 370442105 26438 500000 SH DEFINED 0131 500000 GENERAL MOTORS COM 370442105 6501 122951 SH DEFINED 0103 122951 GENERAL MOTORS COM 370442105 8063 152500 SH DEFINED 01 152500 GENERAL MOTORS CL E COM 370442402 23400 450000 SH DEFINED 0130 450000 GENERAL MOTORS CL H COM 370442501 29475 600000 SH DEFINED 0130 600000 GENERAL MOTORS CL H COM 370442501 835 17000 SH DEFINED 011620 17000 GENERAL MTRS DEP SHR CONV PFD STOCK 370442873 21975 300000 SH DEFINED 0130 300000 GENERAL NUTRITION IN COM 37047F103 514 22358 SH DEFINED 0102 22358 GEN PUB UTILITIES COM 370550105 20400 600000 SH DEFINED 0113 600000 GEN PUB UTILITIES COM 370550105 13600 400000 SH DEFINED 0132 400000 GEN PUB UTILITIES COM 370550105 853 25100 SH DEFINED 0125 25100 GEN PUB UTILITIES COM 370550105 3400 100000 SH DEFINED 011618 100000 GEN PUB UTILITIES COM 370550105 204 6000 SH DEFINED 0102 6000 GEN PUB UTILITIES COM 370550105 13600 400000 SH DEFINED 0131 400000 GEN PUB UTILITIES COM 370550105 1037 30495 SH DEFINED 0103 30495 GENERAL RE CORP COM 370563108 34875 225000 SH DEFINED 0130 225000 GENERAL RE CORP COM 370563108 77500 500000 SH DEFINED 0126 500000 GENERAL RE CORP COM 370563108 31000 200000 SH DEFINED 0124 200000 GENERAL RE CORP COM 370563108 5797 37400 SH DEFINED 0125 37400 GENERAL RE CORP COM 370563108 27900 180000 SH DEFINED 011618 180000 GENERAL RE CORP COM 370563108 19763 127454 SH DEFINED 0102 127454 GENERAL RE CORP COM 370563108 3496 22552 SH DEFINED 0103 22552 GENERAL RE CORP COM 370563108 4827 31139 SH DEFINED 01 31139 GENERAL SIGNAL COM 370838104 11590 358000 SH DEFINED 0113 358000 GENERAL SIGNAL COM 370838104 14245 440000 SH DEFINED 0107 440000 GENERAL SIGNAL COM 370838104 39659 1225000 SH DEFINED 011516 1225000 GENERAL SIGNAL COM 370838104 12464 385000 SH DEFINED 0131 385000 GENERAL SIGNAL COM 370838104 585 18063 SH DEFINED 0103 18063 GENTEX CORP COM 371901109 4400 200000 SH DEFINED 0111 200000 GENTEX CORP COM 371901109 132 6000 SH DEFINED 0102 6000 GENESIS HEALTH VENT COM 371912106 6388 175000 SH DEFINED 0106 175000 GENUINE PARTS COM 372460105 24600 600000 SH DEFINED 0130 600000 GENUINE PARTS COM 372460105 26650 650000 SH DEFINED 0113 650000 GENUINE PARTS COM 372460105 9840 240000 SH DEFINED 0107 240000 GENUINE PARTS COM 372460105 21525 525000 SH DEFINED 0131 525000 PAGE 29 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE GENUINE PARTS COM 372460105 1163 28372 SH DEFINED 0103 28372 GENUINE PARTS COM 372460105 5940 144875 SH DEFINED 01 144875 GENZYME CORP COM 372917104 1871 30000 SH DEFINED 011619 30000 GENZYME CORP COM 372917104 8109 130000 SH DEFINED 011614 130000 GENZYME CORP COM 372917104 19 300 SH DEFINED 0102 300 GENZYME CORP COM 372917104 6774 108600 SH DEFINED 0131 108600 GENZYME CORP COM 372917104 387 6200 SH DEFINED 0103 6200 GEORGIA PACIFIC COM 373298108 13725 200000 SH DEFINED 0124 200000 GEORGIA PACIFIC COM 373298108 458 6680 SH DEFINED 0103 6680 GEOTEK COMM WTS COM 373654136 1545 772500 SH DEFINED 0109 772500 GEOTEK COMM WTS COM 373654136 300 150000 SH DEFINED 011621 150000 GIANT FOOD CL A COM 374478105 136 4312 SH DEFINED 0103 4312 GIDDINGS & LEWIS WIS COM 375048105 24750 1500000 SH DEFINED 011516 1500000 GIDDINGS & LEWIS WIS COM 375048105 42 2528 SH DEFINED 0103 2528 GILEAD SCIENCES COM 375558103 2560 80000 SH DEFINED 011619 80000 GILEAD SCIENCES COM 375558103 9600 300000 SH DEFINED 011614 300000 GILEAD SCIENCES COM 375558103 9189 287100 SH DEFINED 0102 287100 GILEAD SCIENCES COM 375558103 6160 192500 SH DEFINED 0131 192500 GILEAD SCIENCES COM 375558103 681 21300 SH DEFINED 0103 21300 GILLETTE CO COM 375766102 31275 600000 SH DEFINED 0130 600000 GILLETTE CO COM 375766102 109463 2100000 SH DEFINED 0126 2100000 GILLETTE CO COM 375766102 31275 600000 SH DEFINED 011618 600000 GILLETTE CO COM 375766102 47785 916739 SH DEFINED 0102 916739 GILLETTE CO COM 375766102 2294 44007 SH DEFINED 0103 44007 GLENAYRE TECHNOLOGIE COM 377899109 11659 187300 SH DEFINED 0102 187300 GLENAYRE TECHNOLOGIE COM 377899109 4625 74300 SH DEFINED 0131 74300 GLENAYRE TECHNOLOGIE COM 377899109 603 9700 SH DEFINED 0103 9700 GLOBAL MARINE COM 379352404 2625 300000 SH DEFINED 011619 300000 GLOBAL MARINE COM 379352404 10500 1200000 SH DEFINED 011614 1200000 GOLDEN WEST FIN COM 381317106 242 4389 SH DEFINED 0103 4389 GOODRICH B.F. COM 382388106 131 1921 SH DEFINED 0103 1921 GOODYEAR COM 382550101 10436 230000 SH DEFINED 0108 230000 GOODYEAR COM 382550101 726 16000 SH DEFINED 011620 16000 GOODYEAR COM 382550101 6766 149160 SH DEFINED 0102 149160 GOODYEAR COM 382550101 508 11205 SH DEFINED 0103 11205 W R GRACE COM 383883105 412 6964 SH DEFINED 0103 6964 GRAINGER (W.W.) COM 384802104 246 3708 SH DEFINED 0103 3708 GRAND MET PLC -ADR COM 386090302 25105 873218 SH DEFINED 0103 873218 GRAND MET PLC 144A CONV BOND 386098AA5 17700 15000000 PRN DEFINED 0130 15000000 GRAND MET PLC 144A CONV BOND 386098AA5 23600 20000000 PRN DEFINED 0113 20000000 GREAT A. & P. TEA COM 390064103 65 2822 SH DEFINED 0103 2822 GREAT BAY POWER CORP COM 390139103 444 55552 SH DEFINED 0104 55552 GREAT BAY POWER CORP COM 390139103 604 75552 SH DEFINED 0109 75552 GREAT BAY POWER CORP COM 390139103 284 35518 SH DEFINED 011621 35518 GREAT LAKES CHEM CO COM 390568103 342 4752 SH DEFINED 0103 4752 GREAT WESTERN FIN CP COM 391442100 423 16600 SH DEFINED 0125 16600 GREAT WESTERN FIN CP COM 391442100 48 1900 SH DEFINED 0102 1900 GREAT WESTERN FIN CP COM 391442100 263 10320 SH DEFINED 0103 10320 GREEN TREE FINL CORP COM 393505102 667 25300 SH DEFINED 011619 25300 GREEN TREE FINL CORP COM 393505102 2761 104700 SH DEFINED 011614 104700 PAGE 30 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE GREENFIELDS COM 395058100 6250 200000 SH DEFINED 0106 200000 GREENFIELDS COM 395058100 12500 400000 SH DEFINED 011516 400000 GREENFIELDS COM 395058100 1719 55000 SH DEFINED 011619 55000 GREENFIELDS COM 395058100 1188 38000 SH DEFINED 011620 38000 GP FINANCIAL CORP COM 395384100 13 500 SH DEFINED 0102 500 GP FINANCIAL CORP COM 395384100 4194 156800 SH DEFINED 0131 156800 GP FINANCIAL CORP COM 395384100 235 8800 SH DEFINED 0103 8800 GRIFFON CORP COM 398433102 5400 600000 SH DEFINED 0128 600000 G-CASA AUTREY COM 40048P104 18725 1400000 SH DEFINED 011516 1400000 GRUPO CARSO ADR COM 400485108 2966 275000 SH DEFINED 0130 275000 G-IUSACELL L'S ADR COM 40049W306 3038 300000 SH DEFINED 0132 300000 GUCCI COM 401566104 1038 26700 SH DEFINED 011620 26700 GUEST SUPPLY COM 401630108 2263 100000 SH DEFINED 011619 100000 GUIDANT CORP COM 401698105 1183 28000 SH DEFINED 011620 28000 GYMBOREE COM 403777105 12891 625000 SH DEFINED 0106 625000 GYMBOREE COM 403777105 3235 156865 SH DEFINED 01 156865 HBO COMPANY COM 404100109 42144 550000 SH DEFINED 0126 550000 HBO COMPANY COM 404100109 7969 104000 SH DEFINED 011619 104000 HBO COMPANY COM 404100109 50956 665000 SH DEFINED 011614 665000 HBO COMPANY COM 404100109 69185 902907 SH DEFINED 0102 902907 HBO COMPANY COM 404100109 18459 240900 SH DEFINED 0131 240900 HBO COMPANY COM 404100109 4214 55000 SH DEFINED 0103 55000 HCC INSURANCE COM 404132102 6475 175000 SH DEFINED 0106 175000 HFS INC COM 404181109 73575 900000 SH DEFINED 0126 900000 HFS INC COM 404181109 5396 66000 SH DEFINED 011619 66000 HFS INC COM 404181109 25343 310000 SH DEFINED 011614 310000 HFS INC COM 404181109 43476 531785 SH DEFINED 0102 531785 HFS INC COM 404181109 17029 208300 SH DEFINED 0131 208300 HFS INC COM 404181109 1929 23600 SH DEFINED 0103 23600 HNC SOFTWARE COM 40425P107 11938 250000 SH DEFINED 011516 250000 HNC SOFTWARE COM 40425P107 1433 30000 SH DEFINED 011619 30000 HNC SOFTWARE COM 40425P107 6924 145000 SH DEFINED 011614 145000 HA-LO INDS INC COM 404429102 9225 300000 SH DEFINED 011614 300000 ALEX HAAGAN COM 40443E100 6554 535000 SH DEFINED 0113 535000 HAFSLUND NYCOMED -S COM 405029406 23226 884800 SH DEFINED 011516 884800 HALLIBURTON COM 406216101 2278 45000 SH DEFINED 011619 45000 HALLIBURTON COM 406216101 10125 200000 SH DEFINED 011614 200000 HALLIBURTON COM 406216101 425 8395 SH DEFINED 0103 8395 HANDLEMAN COMPANY COM 410252100 14 2491 SH DEFINED 0103 2491 HANNA MA CO. COM 410522106 9800 350000 SH DEFINED 0108 350000 HANSON PLC ADR COM 411352305 27450 1800000 SH DEFINED 0113 1800000 HANSON PLC ADR COM 411352305 15708 1030000 SH DEFINED 0107 1030000 HANSON PLC ADR COM 411352305 20588 1350000 SH DEFINED 0131 1350000 HANSON PLC ADR COM 411352305 763 50000 SH DEFINED 0103 50000 HANSON PLC ADR COM 411352305 6664 437000 SH DEFINED 01 437000 HARCOR EGY WTS 144A WARRANT 411628118 190 165000 SH DEFINED 0109 165000 HARCOURT GENERAL CRP COM 41163G101 11097 265000 SH DEFINED 0108 265000 HARCOURT GENERAL CRP COM 41163G101 586 14000 SH DEFINED 0125 14000 HARCOURT GENERAL CRP COM 41163G101 130 3100 SH DEFINED 0102 3100 HARCOURT GENERAL CRP COM 41163G101 347 8290 SH DEFINED 0103 8290 PAGE 31 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE HARLAND JOHN H COM 412693103 47 2239 SH DEFINED 0103 2239 HARMAN INTERNATIONAL COM 413086109 20063 500000 SH DEFINED 0111 500000 HARMAN INTERNATIONAL COM 413086109 2629 65520 SH DEFINED 011622 65520 HARMAN INTERNATIONAL COM 413086109 5827 145215 SH DEFINED 011623 145215 HARMAN INTERNATIONAL COM 413086109 153 3780 SH DEFINED 0102 3780 HARNISCHFEGER IND COM 413345109 14963 450000 SH DEFINED 0106 450000 HARNISCHFEGER IND COM 413345109 118 3561 SH DEFINED 0103 3561 HARRAH'S ENT COM 413619107 15 600 SH DEFINED 0125 600 HARRAH'S ENT COM 413619107 19400 800000 SH DEFINED 011516 800000 HARRAH'S ENT COM 413619107 8 400 SH DEFINED 0102 400 HARRAH'S ENT COM 413619107 190 7808 SH DEFINED 0103 7808 HARRIS CORP COM 413875105 9286 170000 SH DEFINED 0107 170000 HARRIS CORP COM 413875105 157 2868 SH DEFINED 0103 2868 HARRIS COMPUTER SYS COM 413947102 0 15 SH DEFINED 0102 15 HARTMARX CORP COM 417119104 741 169301 SH DEFINED 0103 169301 HASBRO INC COM 418056107 201 6486 SH DEFINED 0103 6486 HAT BRANDS WTS8/2002 WARRANT 4187309X7 90 90345 SH DEFINED 0109 90345 HAWAII ELEC $100 PREFERRED STOCK 419990197 2120 20000 SH DEFINED 0105 20000 MAUI ELEC $100 PREFERRED STOCK 419990205 2650 25000 SH DEFINED 0105 25000 HEALTH CARE PROP INV COM 421915109 6323 180000 SH DEFINED 011618 180000 HEALTHSOUTH CORP COM 421924101 52425 1800000 SH DEFINED 0111 1800000 HEALTHSOUTH CORP COM 421924101 7124 244600 SH DEFINED 011622 244600 HEALTHSOUTH CORP COM 421924101 15652 537400 SH DEFINED 011623 537400 HEALTHSOUTH CORP COM 421924101 32411 1112800 SH DEFINED 0102 1112800 HEALTHSOUTH CORP COM 421924101 6632 227700 SH DEFINED 0131 227700 HEALTHSOUTH CORP COM 421924101 1366 46900 SH DEFINED 0103 46900 HEALTHCARE COMPARE COM 421928102 26100 600000 SH DEFINED 0111 600000 HEALTHCARE COMPARE COM 421928102 4350 100000 SH DEFINED 011622 100000 HEALTHCARE COMPARE COM 421928102 8700 200000 SH DEFINED 011623 200000 HEALTH MGMT ASSOC COM 421933102 1907 73000 SH DEFINED 011619 73000 HEALTH MGMT ASSOC COM 421933102 8412 322000 SH DEFINED 011614 322000 HEALTH MGMT ASSOC COM 421933102 11242 430312 SH DEFINED 0102 430312 HEALTH MGMT ASSOC COM 421933102 5100 195200 SH DEFINED 0131 195200 HEALTH MGMT ASSOC COM 421933102 683 26125 SH DEFINED 0103 26125 HEALTH MGMT INC COM 42219B104 8613 650000 SH DEFINED 011516 650000 HEALTH MGMT SYSTEMS COM 42219M100 9750 250000 SH DEFINED 011516 250000 HEALTHSOURCE INC COM 42221E104 1922 53400 SH DEFINED 011619 53400 HEALTHSOURCE INC COM 42221E104 25405 705700 SH DEFINED 0102 705700 HEALTHSOURCE INC COM 42221E104 5450 151400 SH DEFINED 0131 151400 HEALTHSOURCE INC COM 42221E104 1170 32500 SH DEFINED 0103 32500 HEINZ H.J. COM 423074103 19875 600000 SH DEFINED 0130 600000 HEINZ H.J. COM 423074103 889 26844 SH DEFINED 0103 26844 HEINZ H.J. COM 423074103 1739 52500 SH DEFINED 01 52500 HELMERICH & PAYNE COM 423452101 54 1814 SH DEFINED 0103 1814 HEM EN 144A WTS WARRANT 42368R116 54 36000 SH DEFINED 0109 36000 HERCULES INC COM 427056106 22550 400000 SH DEFINED 0130 400000 HERCULES INC COM 427056106 31006 550000 SH DEFINED 0126 550000 HERCULES INC COM 427056106 463 8212 SH DEFINED 0103 8212 HERSHEY FOODS COM 427866108 103042 1585272 SH DEFINED 0103 1585272 HEWLETT PACKARD COM 428236103 8794 105000 SH DEFINED 0108 105000 PAGE 32 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE HEWLETT PACKARD COM 428236103 117250 1400000 SH DEFINED 0126 1400000 HEWLETT PACKARD COM 428236103 1524 18200 SH DEFINED 0125 18200 HEWLETT PACKARD COM 428236103 4238 50600 SH DEFINED 011622 50600 HEWLETT PACKARD COM 428236103 9414 112400 SH DEFINED 011623 112400 HEWLETT PACKARD COM 428236103 19263 230000 SH DEFINED 011618 230000 HEWLETT PACKARD COM 428236103 1128 13450 SH DEFINED 0102 13450 HEWLETT PACKARD COM 428236103 3656 43649 SH DEFINED 0103 43649 HILTON HOTELS COM 432848109 3075 50000 SH DEFINED 0125 50000 HILTON HOTELS COM 432848109 16913 275000 SH DEFINED 011516 275000 HILTON HOTELS COM 432848109 10703 174015 SH DEFINED 0102 174015 HILTON HOTELS COM 432848109 1656 26909 SH DEFINED 0103 26909 HILTON HOTELS COM 432848109 4428 72000 SH DEFINED 01 72000 HOLOGIC COM 436440101 1845 45000 SH DEFINED 011619 45000 HOME DEPOT INC COM 437076102 28725 600000 SH DEFINED 0130 600000 HOME DEPOT INC COM 437076102 11969 250000 SH DEFINED 0108 250000 HOME DEPOT INC COM 437076102 40694 850000 SH DEFINED 0126 850000 HOME DEPOT INC COM 437076102 47875 1000000 SH DEFINED 0124 1000000 HOME DEPOT INC COM 437076102 1206 25200 SH DEFINED 0125 25200 HOME DEPOT INC COM 437076102 19150 400000 SH DEFINED 011618 400000 HOME DEPOT INC COM 437076102 1149 24000 SH DEFINED 011620 24000 HOME DEPOT INC COM 437076102 165040 3447376 SH DEFINED 0102 3447376 HOME DEPOT INC COM 437076102 3567 74511 SH DEFINED 0103 74511 HOME DEPOT INC COM 437076102 13138 274441 SH DEFINED 01 274441 HOME PROPERTIES COM 437306103 3596 210000 SH DEFINED 0132 210000 HOME SHOPPING NETWRK COM 437351109 14400 1600000 SH DEFINED 011516 1600000 HOMESTAKE MINING COM 437614100 160 10264 SH DEFINED 0103 10264 HONDA MTR ADR COM 438128308 10500 250000 SH DEFINED 011516 250000 HONEYWELL COM 438506107 459 9433 SH DEFINED 0103 9433 HORACE MANN EDUCATOR COM 440327104 5625 180000 SH DEFINED 0128 180000 HORACE MANN EDUCATOR COM 440327104 31250 1000000 SH DEFINED 011516 1000000 HORACE MANN EDUCATOR COM 440327104 2188 70000 SH DEFINED 011619 70000 HORACE MANN EDUCATOR COM 440327104 10313 330000 SH DEFINED 011614 330000 HORACE MANN EDUCATOR COM 440327104 9 300 SH DEFINED 0102 300 HORACE MANN EDUCATOR COM 440327104 2791 89300 SH DEFINED 0131 89300 HORACE MANN EDUCATOR COM 440327104 172 5500 SH DEFINED 0103 5500 HORIZON HEALTHCARE C COM 440400109 7575 300000 SH DEFINED 011516 300000 HORMEL COM 440452100 6895 280000 SH DEFINED 0128 280000 HOSIERY CORP "A"144A WARRANT 441016102 50 10000 SH DEFINED 0109 10000 HOUSEHOLD INTL COM 441815107 35475 600000 SH DEFINED 0126 600000 HOUSEHOLD INTL COM 441815107 307 5200 SH DEFINED 0125 5200 HOUSEHOLD INTL COM 441815107 83 1400 SH DEFINED 0102 1400 HOUSEHOLD INTL COM 441815107 5777 97700 SH DEFINED 0131 97700 HOUSEHOLD INTL COM 441815107 1005 16992 SH DEFINED 0103 16992 HOUSTON INDUSTRIES COM 442161105 7275 300000 SH DEFINED 0132 300000 HOUSTON INDUSTRIES COM 442161105 468 19308 SH DEFINED 0103 19308 HUMANA COM 444859102 1916 70000 SH DEFINED 011619 70000 HUMANA COM 444859102 8349 305000 SH DEFINED 011614 305000 HUMANA COM 444859102 324 11851 SH DEFINED 0103 11851 HUTCHNSN WHAMPO ADR COM 448415208 664 21815 SH DEFINED 01 21815 IDS CA TAX EXEMPT COM 449428101 1 202 SH DEFINED 01 202 PAGE 33 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE EQUITY SELECT FD INC COM 44943G102 1 114 SH DEFINED 01 114 IDS PRECIOUS METALS COM 449455104 1 122 SH DEFINED 01 122 IDS INS TAX EXEMPT COM 44947T100 1 191 SH DEFINED 01 191 IDS MN TAX EXEMPT COM 44947T308 1 200 SH DEFINED 01 200 IDS NY TAX EXEMPT COM 44947T407 1 203 SH DEFINED 01 203 IDS MASS TAX-EXEMPT COM 44947T506 1 197 SH DEFINED 01 197 IDS MICH TAX-EXEMPT COM 44947T605 1 194 SH DEFINED 01 194 IDS OHIO TAX-EXEMPT COM 44947T704 1 196 SH DEFINED 01 196 IES INDUSTRIES INC COM 44949M103 9230 348313 SH DEFINED 0103 348313 IDSTC INCOME FUND II COM 449496108 154207 9970086 SH DEFINED 0103 9970086 IDS TRUST INT'L FUND COM 449500990 5075 63622 SH DEFINED 0103 63622 IMC GLOBAL INC COM 449669100 30276 740700 SH DEFINED 0126 740700 IMC GLOBAL INC COM 449669100 3622 88600 SH DEFINED 011614 88600 IMCO RECYCLING INC COM 449681105 6738 275000 SH DEFINED 0106 275000 IRSA COM 450047204 7650 300000 SH DEFINED 0135 300000 I-STAT CORP COM 450312103 10563 325000 SH DEFINED 011516 325000 ITTI TECH COM 450564109 1413 47500 SH DEFINED 0128 47500 ITTI TECH COM 450564109 1934 65000 SH DEFINED 011619 65000 ITTI TECH COM 450564109 7735 260000 SH DEFINED 011614 260000 ITT HARTFORD GRP-WI COM 45068H106 409 8456 SH DEFINED 0103 8456 ITT INDUSTRIES-WI COM 450911102 203 8456 SH DEFINED 0103 8456 ITT CORP-WI COM 450912100 448 8456 SH DEFINED 0103 8456 IFINT DVSD HLDGS COM 45099C100 1018 42418 SH DEFINED 0109 42418 IDEXX LABS INC COM 45168D104 9165 195000 SH DEFINED 011619 195000 IDEXX LABS INC COM 45168D104 39950 850000 SH DEFINED 011614 850000 IDEXX LABS INC COM 45168D104 65233 1387900 SH DEFINED 0102 1387900 IDEXX LABS INC COM 45168D104 22663 482200 SH DEFINED 0131 482200 IDEXX LABS INC COM 45168D104 3008 64000 SH DEFINED 0103 64000 IL PWR SER A PREFERRED STOCK 452092851 2417 55250 SH DEFINED 01 55250 ILLINOIS TOOL WORKS COM 452308109 29264 496000 SH DEFINED 0130 496000 ILLINOIS TOOL WORKS COM 452308109 11800 200000 SH DEFINED 0108 200000 ILLINOIS TOOL WORKS COM 452308109 18880 320000 SH DEFINED 0126 320000 ILLINOIS TOOL WORKS COM 452308109 10030 170000 SH DEFINED 011618 170000 ILLINOIS TOOL WORKS COM 452308109 73073 1238394 SH DEFINED 0102 1238394 ILLINOIS TOOL WORKS COM 452308109 822 13937 SH DEFINED 0103 13937 ILLINOIS TOOL WORKS COM 452308109 1003 17000 SH DEFINED 01 17000 IMMULOGIC PHARMACEUT COM 45252R100 178 9228 SH DEFINED 0103 9228 INCO LIMITED COM 453258402 291 8754 SH DEFINED 0103 8754 INDIA FUND INC COM 454089103 2110 237800 SH DEFINED 0112 237800 INDIA FUND INC COM 454089103 3106 350000 SH DEFINED 011617 350000 NATUZZI COM 456478106 1134 25000 SH DEFINED 011619 25000 INFINITY BROADCASTNG COM 456626100 19743 530000 SH DEFINED 0126 530000 INFINITY BROADCASTNG COM 456626100 175 4700 SH DEFINED 011619 4700 INFINITY BROADCASTNG COM 456626100 756 20300 SH DEFINED 011614 20300 INFINITY BROADCASTNG COM 456626100 27809 746512 SH DEFINED 0102 746512 INFINITY BROADCASTNG COM 456626100 793 21287 SH DEFINED 0103 21287 INFORMIX CORP COM 456779107 13710 457000 SH DEFINED 0102 457000 INFORMIX CORP COM 456779107 7341 244700 SH DEFINED 0131 244700 INFORMIX CORP COM 456779107 735 24500 SH DEFINED 0103 24500 INGERSOLL-RAND CO COM 456866102 272 7744 SH DEFINED 0103 7744 PAGE 34 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE INLAND STEEL IND INC COM 457472108 89 3550 SH DEFINED 0103 3550 INPUT/OUTPUT INC COM 457652105 13109 227000 SH DEFINED 0106 227000 INPUT/OUTPUT INC COM 457652105 2177 37700 SH DEFINED 011619 37700 INPUT/OUTPUT INC COM 457652105 2021 35000 SH DEFINED 011620 35000 INPUT/OUTPUT INC COM 457652105 6971 120700 SH DEFINED 0102 120700 INPUT/OUTPUT INC COM 457652105 3159 54700 SH DEFINED 0131 54700 INPUT/OUTPUT INC COM 457652105 283 4900 SH DEFINED 0103 4900 INSO CORP COM 457674109 638 15000 SH DEFINED 011620 15000 INSURANCE AUTO AUCTS COM 457875102 12094 1125000 SH DEFINED 011516 1125000 INTEGRATED PROCESS E COM 45812K108 11750 500000 SH DEFINED 0124 500000 INTEL COM 458140100 7094 125000 SH DEFINED 0108 125000 INTEL COM 458140100 170250 3000000 SH DEFINED 0126 3000000 INTEL COM 458140100 22700 400000 SH DEFINED 0111 400000 INTEL COM 458140100 28375 500000 SH DEFINED 0124 500000 INTEL COM 458140100 1004 17700 SH DEFINED 0125 17700 INTEL COM 458140100 3405 60000 SH DEFINED 011622 60000 INTEL COM 458140100 7094 125000 SH DEFINED 011623 125000 INTEL COM 458140100 19295 340000 SH DEFINED 011618 340000 INTEL COM 458140100 1362 24000 SH DEFINED 011620 24000 INTEL COM 458140100 193373 3407232 SH DEFINED 0102 3407232 INTEL COM 458140100 13399 236100 SH DEFINED 0131 236100 INTEL COM 458140100 6371 112261 SH DEFINED 0103 112261 INTEL COM 458140100 14982 264000 SH DEFINED 01 264000 INTERIM COM 45868P100 11294 325000 SH DEFINED 011516 325000 INTERGRAPH CORP COM 458683109 56 3581 SH DEFINED 0103 3581 INTERLEAF INC COM 458729100 1569 155000 SH DEFINED 011619 155000 INTERLEAF INC COM 458729100 7088 700000 SH DEFINED 011614 700000 INTERMEDIA COMM FL COM 458801107 8750 500000 SH DEFINED 0106 500000 INTERMEDIA COMM FL COM 458801107 53 3000 SH DEFINED 0109 3000 INTERMEDIA COMM FL COM 458801107 4550 260000 SH DEFINED 01 260000 INTERMEDIA COM WTS WARRANT 458801115 228 22750 SH DEFINED 0109 22750 INTL BUSINESS MACH COM 459200101 27525 300000 SH DEFINED 0113 300000 INTL BUSINESS MACH COM 459200101 9175 100000 SH DEFINED 011618 100000 INTL BUSINESS MACH COM 459200101 143 1565 SH DEFINED 0102 1565 INTL BUSINESS MACH COM 459200101 21103 230000 SH DEFINED 0131 230000 INTL BUSINESS MACH COM 459200101 4521 49281 SH DEFINED 0103 49281 INT'L CABLETEL INC CONV BOND 459216AB3 11178 10350000 PRN DEFINED 0130 10350000 INT'L CABLETEL INC CONV BOND 459216AB3 16740 15500000 PRN DEFINED 0124 15500000 INT'L CABLETEL INC CONV BOND 459216AB3 3942 3650000 PRN DEFINED 0135 3650000 INTL FLAVORS & FRAG COM 459506101 394 8201 SH DEFINED 0103 8201 INTL IMAGING MAT COM 45968C108 3283 130000 SH DEFINED 0128 130000 INTL IMAGING MAT COM 45968C108 1768 70000 SH DEFINED 011619 70000 INTL GAME TECHNOLOGY COM 459902102 38063 3500000 SH DEFINED 011516 3500000 INTERNATIONAL PAPER COM 460146103 705 18605 SH DEFINED 0103 18605 INTERNATIONAL PAPER COM 460146103 6818 180000 SH DEFINED 01 180000 INTERPUBLIC GROUP COM 460690100 247 5706 SH DEFINED 0103 5706 INTIMATE BRANDS COM 461156101 12000 800000 SH DEFINED 0130 800000 INTIMATE BRANDS COM 461156101 11250 750000 SH DEFINED 0107 750000 INTUIT COM 461202103 7800 100000 SH DEFINED 0126 100000 INTUIT COM 461202103 15600 200000 SH DEFINED 0111 200000 PAGE 35 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE INTUIT COM 461202103 3120 40000 SH DEFINED 011622 40000 INTUIT COM 461202103 7020 90000 SH DEFINED 011623 90000 INTUIT COM 461202103 12582 161300 SH DEFINED 0102 161300 INTUIT COM 461202103 374 4800 SH DEFINED 0103 4800 IONICS COM 462218108 1305 30000 SH DEFINED 0102 30000 IVAX COM 465823102 89775 3150000 SH DEFINED 011516 3150000 JACOR COMMUNICATIONS COM 469858401 10028 573000 SH DEFINED 011516 573000 JAMES RIVER COM 470349101 77 3200 SH DEFINED 0125 3200 JAMES RIVER COM 470349101 4330 179500 SH DEFINED 011516 179500 JAMES RIVER COM 470349101 1230 51000 SH DEFINED 011620 51000 JAMES RIVER COM 470349101 4932 204500 SH DEFINED 0102 204500 JAMES RIVER COM 470349101 160 6631 SH DEFINED 0103 6631 JAN BELL WARRANTS WARRANT 470760117 0 2689 SH DEFINED 0126 2689 JAN BELL WARRANTS WARRANT 470760117 0 2473 SH DEFINED 0131 2473 JEFFERSON PILOT COM 475070108 240 5170 SH DEFINED 0103 5170 JOHN NUVEEN COM 478035108 1693 68403 SH DEFINED 0103 68403 JOHNSON & JOHNSON COM 478160104 34250 400000 SH DEFINED 0130 400000 JOHNSON & JOHNSON COM 478160104 145563 1700000 SH DEFINED 0126 1700000 JOHNSON & JOHNSON COM 478160104 25688 300000 SH DEFINED 0111 300000 JOHNSON & JOHNSON COM 478160104 25688 300000 SH DEFINED 0124 300000 JOHNSON & JOHNSON COM 478160104 6944 81100 SH DEFINED 0125 81100 JOHNSON & JOHNSON COM 478160104 3425 40000 SH DEFINED 011622 40000 JOHNSON & JOHNSON COM 478160104 7278 85000 SH DEFINED 011623 85000 JOHNSON & JOHNSON COM 478160104 2415 28200 SH DEFINED 011620 28200 JOHNSON & JOHNSON COM 478160104 153623 1794070 SH DEFINED 0102 1794070 JOHNSON & JOHNSON COM 478160104 7986 93257 SH DEFINED 0103 93257 JOHNSON & JOHNSON COM 478160104 24660 288000 SH DEFINED 01 155000 133000 JOHNSON CONTROLS COM 478366107 208 3028 SH DEFINED 0103 3028 JONES APPAREL GROUP COM 480074103 9844 250000 SH DEFINED 0108 250000 JOSTENS A. INC. COM 481088102 9700 400000 SH DEFINED 011516 400000 JOSTENS A. INC. COM 481088102 8003 330000 SH DEFINED 011614 330000 JOSTENS A. INC. COM 481088102 70 2866 SH DEFINED 0103 2866 K-MART CORPORATION COM 482584109 9063 1250000 SH DEFINED 0113 1250000 K-MART CORPORATION COM 482584109 267 36884 SH DEFINED 0103 36884 KN ENERGY COM 482620101 6553 225000 SH DEFINED 0132 225000 KAISER ALUM PRIDE PREFERRED STOCK 483007407 3609 275000 SH DEFINED 0132 275000 KASH & KARRY FOOD COM 48577P106 3926 149570 SH DEFINED 0104 149570 KASH & KARRY FOOD COM 48577P106 21589 822430 SH DEFINED 0109 822430 KAUFMAN & BROAD HOME COM 486168107 35 2324 SH DEFINED 0103 2324 KAYDON CORP COM 486587108 5619 185000 SH DEFINED 0128 185000 KELLOGG CO. COM 487836108 1267 16399 SH DEFINED 0103 16399 KELLOGG CO. COM 487836108 1545 20000 SH DEFINED 01 20000 KEMET CORP COM 488360108 184 7700 SH DEFINED 011619 7700 KEMET CORP COM 488360108 771 32300 SH DEFINED 011614 32300 KEMET CORP COM 488360108 14 600 SH DEFINED 0102 600 KEMET CORP COM 488360108 6136 257000 SH DEFINED 0131 257000 KEMET CORP COM 488360108 349 14600 SH DEFINED 0103 14600 KEMIRA ADR COM 488365107 4697 280000 SH DEFINED 0124 280000 KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 1321 783000 SH DEFINED 0130 783000 KENETECH PRIDE 20.25 CONV PFD STOCK 488878307 173 102255 SH DEFINED 01 102255 PAGE 36 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE KERR MCGEE COM 492386107 244 3843 SH DEFINED 0103 3843 KEYCORP NEW COM 493267108 605 16676 SH DEFINED 0103 16676 KIMBERLY CLARK COM 494368103 41375 500000 SH DEFINED 0130 500000 KIMBERLY CLARK COM 494368103 24080 291000 SH DEFINED 0126 291000 KIMBERLY CLARK COM 494368103 5321 64300 SH DEFINED 0125 64300 KIMBERLY CLARK COM 494368103 12413 150000 SH DEFINED 0107 150000 KIMBERLY CLARK COM 494368103 22756 275000 SH DEFINED 011618 275000 KIMBERLY CLARK COM 494368103 2069 25000 SH DEFINED 011619 25000 KIMBERLY CLARK COM 494368103 3558 43000 SH DEFINED 011620 43000 KIMBERLY CLARK COM 494368103 8275 100000 SH DEFINED 011614 100000 KIMBERLY CLARK COM 494368103 139696 1688139 SH DEFINED 0102 1688139 KIMBERLY CLARK COM 494368103 3020 36501 SH DEFINED 0103 36501 KIMBERLY CLARK COM 494368103 15078 182200 SH DEFINED 01 182200 KINGWORLD PRODUCTION COM 495667107 25074 645000 SH DEFINED 0124 645000 KINGWORLD PRODUCTION COM 495667107 11663 300000 SH DEFINED 011516 300000 KINGWORLD PRODUCTION COM 495667107 104 2668 SH DEFINED 0103 2668 KLOOF GOLD MININGADR COM 498746601 944 100000 SH DEFINED 0127 100000 KNIGHT-RIDDER INC. COM 499040103 21875 350000 SH DEFINED 0113 350000 KNIGHT-RIDDER INC. COM 499040103 225 3603 SH DEFINED 0103 3603 STERLING SFTWRE ESCR COM 499245918 0 80000 SH DEFINED 011619 80000 KEPCO NEW ADR COM 500631205 6360 240000 SH DEFINED 0112 240000 KEPCO NEW ADR COM 500631205 7950 300000 SH DEFINED 011617 300000 KROGER CO. COM 501044101 214 5700 SH DEFINED 0125 5700 KROGER CO. COM 501044101 26 700 SH DEFINED 0102 700 KROGER CO. COM 501044101 338 9017 SH DEFINED 0103 9017 LCI INTL COM 501813109 35495 1731400 SH DEFINED 0102 1731400 LCI INTL COM 501813109 6039 294600 SH DEFINED 0131 294600 LCI INTL COM 501813109 1279 62400 SH DEFINED 0103 62400 LG AND E ENERGY CORP COM 501917108 6971 165000 SH DEFINED 0132 165000 LTV CORP NEW COM 501921100 7523 547159 SH DEFINED 01 547159 LSI LOGIC COM 502161102 22925 700000 SH DEFINED 0126 700000 LSI LOGIC COM 502161102 6550 200000 SH DEFINED 0111 200000 LSI LOGIC COM 502161102 10317 315000 SH DEFINED 0102 315000 LSI LOGIC COM 502161102 8803 268800 SH DEFINED 0131 268800 LSI LOGIC COM 502161102 868 26494 SH DEFINED 0103 26494 LSI LOGIC COM 502161102 4340 132530 SH DEFINED 01 132530 LTC PROPERTIES COM 502175102 6000 400000 SH DEFINED 0113 400000 LTC PROPERTIES COM 502175102 4500 300000 SH DEFINED 0132 300000 LTC PROPERTIES COM 502175102 4050 270000 SH DEFINED 0107 270000 LAIDLAW INC COM 50730K206 211 20627 SH DEFINED 0103 20627 LAM RESEARCH CORP COM 512807108 8190 179000 SH DEFINED 0102 179000 LAM RESEARCH CORP COM 512807108 213 4650 SH DEFINED 0103 4650 LANCASTER COLONY COR COM 513847103 7823 210000 SH DEFINED 0128 210000 LANDMARK GRAPHICS CO COM 514913102 6975 300000 SH DEFINED 0106 300000 LANDS END INC COM 515086106 6 456 SH DEFINED 0103 456 LANDSTAR SYSTEM INC COM 515098101 6688 250000 SH DEFINED 0106 250000 LANESBOROUGH COM 515547107 0 6178 SH DEFINED 0109 6178 LASALLE NATL $50 PREFERRED STOCK 5180283*4 8400 150000 SH DEFINED 01 150000 LASALLE NATL $50 PREFERRED STOCK 5180283*4 3360 60000 SH DEFINED 0116 60000 LATTICE SEMICONDUCTR COM 518415104 3915 120000 SH DEFINED 0128 120000 PAGE 37 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE LATTICE SEMICONDUCTR COM 518415104 8972 275000 SH DEFINED 0106 275000 LATTICE SEMICONDUCTR COM 518415104 3654 112000 SH DEFINED 01 112000 LAYNE INCORPORATED COM 521050104 145 12866 SH DEFINED 0103 12866 LBMS COM 522000108 2663 300000 SH DEFINED 011516 300000 LEHMAN BROS HOLDINGS COM 524908100 799 37589 SH DEFINED 01 37589 LENNAR CORP COM 526057104 10050 400000 SH DEFINED 0108 400000 LEVEL ONE COM 527295109 5400 300000 SH DEFINED 0106 300000 LIBBEY COM 529898108 2250 100000 SH DEFINED 0128 100000 LIBERTY PROPERTY TR CONV BOND 53117CAA0 2578 2500000 PRN DEFINED 0104 2500000 LIBERTY PROPERTY TR CONV BOND 53117CAA0 1289 1250000 PRN DEFINED 011621 1250000 LIB LIFE IN CVT 144A CONV BOND 531596AA2 7920 6000000 PRN DEFINED 0135 6000000 ELI LILLY COM 532457108 33750 600000 SH DEFINED 0124 600000 ELI LILLY COM 532457108 23 400 SH DEFINED 0125 400 ELI LILLY COM 532457108 16313 290000 SH DEFINED 0107 290000 ELI LILLY COM 532457108 13080 232440 SH DEFINED 0102 232440 ELI LILLY COM 532457108 2687 47780 SH DEFINED 0103 47780 ELI LILLY COM 532457108 726 12900 SH DEFINED 01 12900 THE LIMITED INC COM 532716107 454 26506 SH DEFINED 0103 26506 LINCOLN NAT COM 534187109 14244 265000 SH DEFINED 0107 265000 LINCOLN NAT COM 534187109 374 6955 SH DEFINED 0103 6955 LINEAR TECHNOLOGY COM 535678106 32970 840000 SH DEFINED 0126 840000 LINEAR TECHNOLOGY COM 535678106 14382 366400 SH DEFINED 0102 366400 LINEAR TECHNOLOGY COM 535678106 9495 241900 SH DEFINED 0131 241900 LINEAR TECHNOLOGY COM 535678106 463 11800 SH DEFINED 0103 11800 LIZ CLAIBORNE COM 539320101 7435 267903 SH DEFINED 0103 267903 LIZ CLAIBORNE COM 539320101 694 25000 SH DEFINED 01 25000 LOCKHEED MARTIN CORP COM 539830109 482 6100 SH DEFINED 0125 6100 LOCKHEED MARTIN CORP COM 539830109 1699 21500 SH DEFINED 011620 21500 LOCKHEED MARTIN CORP COM 539830109 7766 98300 SH DEFINED 0102 98300 LOCKHEED MARTIN CORP COM 539830109 1274 16119 SH DEFINED 0103 16119 LOCKHEED MARTIN CORP COM 539830109 1185 15000 SH DEFINED 01 15000 LOEWS CORP COM 540424108 679 8658 SH DEFINED 0103 8658 LOGANS ROADHOUSE INC COM 541198107 1553 90000 SH DEFINED 011619 90000 LOJAS ARAPUA ADR COM 541462107 4115 500000 SH DEFINED 0135 500000 LONGTERM CAPITAL LTD COM 542900998 29537 25000 SH DEFINED 0116 25000 LONGHORN STEAK COM 543057103 2130 120000 SH DEFINED 011619 120000 LONGS DRUG STORES COM 543162101 73 1515 SH DEFINED 0103 1515 LONGVIEW FIBRE WASH COM 543213102 3900 240000 SH DEFINED 0128 240000 LORAL COM 543859102 53770 1520000 SH DEFINED 0126 1520000 LORAL COM 543859102 1185 33500 SH DEFINED 0125 33500 LORAL COM 543859102 35375 1000000 SH DEFINED 011618 1000000 LORAL COM 543859102 2830 80000 SH DEFINED 011619 80000 LORAL COM 543859102 12381 350000 SH DEFINED 011614 350000 LORAL COM 543859102 311 8800 SH DEFINED 0102 8800 LORAL COM 543859102 5915 167200 SH DEFINED 0131 167200 LORAL COM 543859102 1045 29548 SH DEFINED 0103 29548 LOUISIANA LAND/EXP COM 546268103 523 12200 SH DEFINED 0125 12200 LOUISIANA LAND/EXP COM 546268103 168 3900 SH DEFINED 0102 3900 LOUISIANA LAND/EXP COM 546268103 319 7452 SH DEFINED 0103 7452 LOUISIANA PAC. COM 546347105 187 7699 SH DEFINED 0103 7699 PAGE 38 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE LOWE'S CO'S COM 548661107 395 11783 SH DEFINED 0103 11783 LUBRIZOL CORP COM 549271104 23694 850000 SH DEFINED 0113 850000 LUBRIZOL CORP COM 549271104 14634 525000 SH DEFINED 0131 525000 LUBRIZOL CORP COM 549271104 541 19400 SH DEFINED 0103 19400 LUBY'S CAFETERIES COM 549282101 38 1720 SH DEFINED 0103 1720 LUKENS INC COM 549866101 17377 604400 SH DEFINED 0130 604400 MBNA COM 55262L100 33188 900000 SH DEFINED 0126 900000 MBNA COM 55262L100 15 400 SH DEFINED 0102 400 MBNA COM 55262L100 5321 144300 SH DEFINED 0131 144300 MBNA COM 55262L100 916 24824 SH DEFINED 0103 24824 MCN CORP COM 55267J100 3255 140000 SH DEFINED 0132 140000 MCI COMMUNICATIONS COM 552673105 7838 300000 SH DEFINED 0132 300000 MCI COMMUNICATIONS COM 552673105 20900 800000 SH DEFINED 0124 800000 MCI COMMUNICATIONS COM 552673105 3221 123300 SH DEFINED 0125 123300 MCI COMMUNICATIONS COM 552673105 26125 1000000 SH DEFINED 011516 1000000 MCI COMMUNICATIONS COM 552673105 15675 600000 SH DEFINED 011618 600000 MCI COMMUNICATIONS COM 552673105 48830 1869013 SH DEFINED 0102 1869013 MCI COMMUNICATIONS COM 552673105 2637 100938 SH DEFINED 0103 100938 MCI COMMUNICATIONS COM 552673105 1568 60000 SH DEFINED 01 60000 MDU RESOURCES GROUP COM 552690109 5217 262500 SH DEFINED 0132 262500 MEMC ELECTRONIC MAT COM 552715104 3263 100000 SH DEFINED 0128 100000 MEMC ELECTRONIC MAT COM 552715104 26100 800000 SH DEFINED 0111 800000 MEMC ELECTRONIC MAT COM 552715104 3507 107500 SH DEFINED 011622 107500 MEMC ELECTRONIC MAT COM 552715104 8437 258600 SH DEFINED 011623 258600 MEMC ELECTRONIC MAT COM 552715104 195 6000 SH DEFINED 0102 6000 MEMC ELECTRONIC MAT COM 552715104 3827 117300 SH DEFINED 01 117300 MFS COMM COM 55272T101 736 13817 SH DEFINED 0130 13817 MFS COMM COM 55272T101 2130 40000 SH DEFINED 0126 40000 MFS COMM COM 55272T101 13313 250000 SH DEFINED 0106 250000 MFS COMM COM 55272T101 53250 1000000 SH DEFINED 0111 1000000 MFS COMM COM 55272T101 10124 190119 SH DEFINED 0132 190119 MFS COMM COM 55272T101 425 7979 SH DEFINED 0109 7979 MFS COMM COM 55272T101 16909 317531 SH DEFINED 0124 317531 MFS COMM COM 55272T101 6656 125000 SH DEFINED 011622 125000 MFS COMM COM 55272T101 15975 300000 SH DEFINED 011623 300000 MFS COMM COM 55272T101 2237 42000 SH DEFINED 011619 42000 MFS COMM COM 55272T101 24 460 SH DEFINED 011620 460 MFS COMM COM 55272T101 10186 191252 SH DEFINED 0102 191252 MFS COMM COM 55272T101 5613 105400 SH DEFINED 0131 105400 MFS COMM COM 55272T101 639 12000 SH DEFINED 0103 12000 MFS COMM COM 55272T101 10384 195000 SH DEFINED 01 195000 MFS COMMUNICATION CONV PFD STOCK 55272T200 36516 750000 SH DEFINED 0130 750000 MFS COMMUNICATION CONV PFD STOCK 55272T200 6816 140000 SH DEFINED 0132 140000 MFS COMMUNICATION CONV PFD STOCK 55272T200 10224 210000 SH DEFINED 0109 210000 MFS COMMUNICATION CONV PFD STOCK 55272T200 24344 500000 SH DEFINED 0124 500000 MFS COMMUNICATION CONV PFD STOCK 55272T200 7303 150000 SH DEFINED 0107 150000 MFS COMMUNICATION CONV PFD STOCK 55272T200 14606 300000 SH DEFINED 011618 300000 MFS COMMUNICATION CONV PFD STOCK 55272T200 1217 25000 SH DEFINED 011620 25000 MGM GRAND INC COM 552953101 13800 600000 SH DEFINED 0124 600000 MACRO MEDIA COM 556100105 10450 200000 SH DEFINED 0126 200000 PAGE 39 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE MACRO MEDIA COM 556100105 8648 165500 SH DEFINED 0102 165500 MACRO MEDIA COM 556100105 3031 58000 SH DEFINED 0131 58000 MACRO MEDIA COM 556100105 444 8500 SH DEFINED 0103 8500 MADECO COM 556304103 4725 175000 SH DEFINED 0130 175000 MADECO COM 556304103 6750 250000 SH DEFINED 0135 250000 *MAFCO CONSOLIDATED COM 559025101 1800 100000 SH DEFINED 0128 100000 MAGAININ PHARMACEUTI COM 559036108 96 7400 SH DEFINED 011619 7400 MAGAININ PHARMACEUTI COM 559036108 422 32600 SH DEFINED 011614 32600 MAGELLAN HEALTH SVS COM 559079108 21600 900000 SH DEFINED 011516 900000 MAGNA INT'L INC CONV BOND 559222AE4 2563 2500000 PRN DEFINED 0129 2500000 MAGNA INT'L INC CONV BOND 559222AE4 5125 5000000 PRN DEFINED 0104 5000000 MAGNA INT'L INC CONV BOND 559222AE4 2563 2500000 PRN DEFINED 011621 2500000 MAGNA INTL COM 559222401 2608 60300 SH DEFINED 011622 60300 MAGNA INTL COM 559222401 5791 133900 SH DEFINED 011623 133900 MALAN REALTY INV CVT CONV BOND 561063AA6 3965 4850000 PRN DEFINED 0104 4850000 MALAN REALTY INV CVT CONV BOND 561063AA6 2248 2750000 PRN DEFINED 0109 2750000 MALAN REALTY INV CVT CONV BOND 561063AA6 2248 2750000 PRN DEFINED 011621 2750000 MALLINCKRODT GROUP COM 561226101 205 5635 SH DEFINED 0103 5635 MANHATTAN BAGEL CO I COM 562751107 1710 95000 SH DEFINED 011619 95000 MANHATTAN BAGEL CO I COM 562751107 7380 410000 SH DEFINED 011614 410000 MANOR CARE INC COM 564054104 161 4607 SH DEFINED 0103 4607 MANPOWER INC-WIS COM 56418H100 8438 300000 SH DEFINED 0126 300000 MANPOWER INC-WIS COM 56418H100 5625 200000 SH DEFINED 0111 200000 MANPOWER INC-WIS COM 56418H100 1927 68500 SH DEFINED 011622 68500 MANPOWER INC-WIS COM 56418H100 4244 150900 SH DEFINED 011623 150900 MANPOWER INC-WIS COM 56418H100 17 600 SH DEFINED 0102 600 MANPOWER INC-WIS COM 56418H100 6396 227400 SH DEFINED 0131 227400 MANPOWER INC-WIS COM 56418H100 363 12900 SH DEFINED 0103 12900 MANUF HOME COM 564682102 3238 185000 SH DEFINED 0107 185000 MANUF HOME COM 564682102 6342 362380 SH DEFINED 01 362380 MANUGISTICS GROUP IN COM 565011103 2950 200000 SH DEFINED 0108 200000 MANUGISTICS GROUP IN COM 565011103 4425 300000 SH DEFINED 0106 300000 MANUGISTICS GROUP IN COM 565011103 1475 100000 SH DEFINED 011619 100000 MARSH MCLENNAN CO COM 571748102 13756 155000 SH DEFINED 0107 155000 MARSH MCLENNAN CO COM 571748102 19969 225000 SH DEFINED 0131 225000 MARSH MCLENNAN CO COM 571748102 1270 14306 SH DEFINED 0103 14306 MARRIOTT INTERNATION COM 571900109 34425 900000 SH DEFINED 0126 900000 MARRIOTT INTERNATION COM 571900109 7650 200000 SH DEFINED 0111 200000 MARRIOTT INTERNATION COM 571900109 23 600 SH DEFINED 0102 600 MARRIOTT INTERNATION COM 571900109 387 10123 SH DEFINED 0103 10123 MARTIN MARIETTA COM 573284106 8766 425000 SH DEFINED 0108 425000 MARTIN MARIETTA COM 573284106 5377 260700 SH DEFINED 0128 260700 MARVEL ENTERTAINMENT COM 573913100 26000 2000000 SH DEFINED 011516 2000000 MASCO CORP COM 574599106 26669 850000 SH DEFINED 0113 850000 MASCO CORP COM 574599106 31375 1000000 SH DEFINED 0124 1000000 MASCO CORP COM 574599106 3552 113200 SH DEFINED 0125 113200 MASCO CORP COM 574599106 4614 147058 SH DEFINED 0102 147058 MASCO CORP COM 574599106 22747 725000 SH DEFINED 0131 725000 MASCO CORP COM 574599106 2623 83565 SH DEFINED 0103 83565 MASCOTECH INC CONV BOND 574670AB1 5070 6500000 PRN DEFINED 0104 6500000 PAGE 40 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE MASCOTECH INC CONV BOND 574670AB1 2730 3500000 PRN DEFINED 011621 3500000 MASCOTECH 6% $1.20 CONV PFD STOCK 574670303 3505 280400 SH DEFINED 0130 280400 MATTEL INC. COM 577081102 12300 400000 SH DEFINED 0111 400000 MATTEL INC. COM 577081102 111 3600 SH DEFINED 0125 3600 MATTEL INC. COM 577081102 3075 100000 SH DEFINED 011622 100000 MATTEL INC. COM 577081102 6150 200000 SH DEFINED 011623 200000 MATTEL INC. COM 577081102 198 6400 SH DEFINED 0102 6400 MATTEL INC. COM 577081102 504 16387 SH DEFINED 0103 16387 MAXIM INTEGRATED COM 57772K101 38500 1000000 SH DEFINED 0111 1000000 MAXIM INTEGRATED COM 57772K101 2695 70000 SH DEFINED 011622 70000 MAXIM INTEGRATED COM 57772K101 6160 160000 SH DEFINED 011623 160000 MAXIM INTEGRATED COM 57772K101 1925 50000 SH DEFINED 011619 50000 MAXIM INTEGRATED COM 57772K101 8085 210000 SH DEFINED 011614 210000 MAXIM INTEGRATED COM 57772K101 19785 513900 SH DEFINED 0102 513900 MAXIM INTEGRATED COM 57772K101 477 12400 SH DEFINED 0103 12400 MAY DEPT STORES COM 577778103 27463 650000 SH DEFINED 0113 650000 MAY DEPT STORES COM 577778103 17956 425000 SH DEFINED 011516 425000 MAY DEPT STORES COM 577778103 21125 500000 SH DEFINED 0131 500000 MAY DEPT STORES COM 577778103 1573 37225 SH DEFINED 0103 37225 MAYTAG CO COM 578592107 24300 1200000 SH DEFINED 0113 1200000 MAYTAG CO COM 578592107 9099 449165 SH DEFINED 0102 449165 MAYTAG CO COM 578592107 13163 650000 SH DEFINED 0131 650000 MAYTAG CO COM 578592107 1110 54785 SH DEFINED 0103 54785 MCAFEE ASSOCIATES IN COM 579057100 1316 30000 SH DEFINED 011619 30000 MCAFEE ASSOCIATES IN COM 579057100 4388 100000 SH DEFINED 011614 100000 MCDERMOTT INTL COM 580037109 89 4025 SH DEFINED 0103 4025 MCDONALDS COM 580135101 135375 3000000 SH DEFINED 0126 3000000 MCDONALDS COM 580135101 5898 130700 SH DEFINED 0125 130700 MCDONALDS COM 580135101 3813 84500 SH DEFINED 011622 84500 MCDONALDS COM 580135101 8461 187500 SH DEFINED 011623 187500 MCDONALDS COM 580135101 18050 400000 SH DEFINED 011618 400000 MCDONALDS COM 580135101 50483 1118805 SH DEFINED 0102 1118805 MCDONALDS COM 580135101 5662 125484 SH DEFINED 0103 125484 MCDONNELL DOUGLASS COM 580169100 561 6100 SH DEFINED 0125 6100 MCDONNELL DOUGLASS COM 580169100 119 1300 SH DEFINED 0102 1300 MCDONNELL DOUGLASS COM 580169100 893 9699 SH DEFINED 0103 9699 MCDONNELL DOUGLASS COM 580169100 2944 32000 SH DEFINED 01 32000 MCGRAW-HILL COS INC COM 580645109 21781 250000 SH DEFINED 0130 250000 MCGRAW-HILL COS INC COM 580645109 10891 125000 SH DEFINED 0108 125000 MCGRAW-HILL COS INC COM 580645109 462 5300 SH DEFINED 0125 5300 MCGRAW-HILL COS INC COM 580645109 12198 140000 SH DEFINED 0107 140000 MCGRAW-HILL COS INC COM 580645109 131 1500 SH DEFINED 0102 1500 MCGRAW-HILL COS INC COM 580645109 21781 250000 SH DEFINED 0131 250000 MCGRAW-HILL COS INC COM 580645109 1223 14044 SH DEFINED 0103 14044 MEAD CORP COM 582834107 201 3850 SH DEFINED 0103 3850 MEDAPHIS CORP COM 584028104 9250 250000 SH DEFINED 0106 250000 MEDAPHIS CORP COM 584028104 2405 65000 SH DEFINED 011619 65000 MEDAPHIS CORP COM 584028104 9250 250000 SH DEFINED 011614 250000 MEDAPHIS CORP COM 584028104 10906 294692 SH DEFINED 0102 294692 MEDAPHIS CORP COM 584028104 9553 258200 SH DEFINED 0131 258200 PAGE 41 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE MEDAPHIS CORP COM 584028104 855 23100 SH DEFINED 0103 23100 MEDEVA PLC -SPON AD COM 58410H203 756 44465 SH DEFINED 01 44465 MEDIC COMPUTER COM 584472104 8422 139200 SH DEFINED 0102 139200 MEDIC COMPUTER COM 584472104 266 4400 SH DEFINED 0103 4400 MEDICAL CARE INTL CONV BOND 584505AC5 6565 6500000 PRN DEFINED 0124 6500000 MEDITRUST COM 58501T108 13950 400000 SH DEFINED 0113 400000 MEDTRONIC COM 585055106 11175 200000 SH DEFINED 0130 200000 MEDTRONIC COM 585055106 128513 2300000 SH DEFINED 0126 2300000 MEDTRONIC COM 585055106 33525 600000 SH DEFINED 0111 600000 MEDTRONIC COM 585055106 44700 800000 SH DEFINED 0124 800000 MEDTRONIC COM 585055106 2654 47500 SH DEFINED 0125 47500 MEDTRONIC COM 585055106 10058 180000 SH DEFINED 011622 180000 MEDTRONIC COM 585055106 22350 400000 SH DEFINED 011623 400000 MEDTRONIC COM 585055106 6705 120000 SH DEFINED 011618 120000 MEDTRONIC COM 585055106 10058 180000 SH DEFINED 011614 180000 MEDTRONIC COM 585055106 87870 1572695 SH DEFINED 0102 1572695 MEDTRONIC COM 585055106 20545 367700 SH DEFINED 0131 367700 MEDTRONIC COM 585055106 4024 72022 SH DEFINED 0103 72022 MEDTRONIC COM 585055106 16483 295000 SH DEFINED 01 295000 MELLON BANK CORP COM 585509102 1059 19700 SH DEFINED 0125 19700 MELLON BANK CORP COM 585509102 258 4800 SH DEFINED 0102 4800 MELLON BANK CORP COM 585509102 854 15891 SH DEFINED 0103 15891 MELVILLE CORP COM 585745102 23063 750000 SH DEFINED 0113 750000 MELVILLE CORP COM 585745102 6919 225000 SH DEFINED 0107 225000 MELVILLE CORP COM 585745102 36900 1200000 SH DEFINED 011516 1200000 MELVILLE CORP COM 585745102 584 19000 SH DEFINED 011620 19000 MELVILLE CORP COM 585745102 156 5100 SH DEFINED 0102 5100 MELVILLE CORP COM 585745102 16913 550000 SH DEFINED 0131 550000 MELVILLE CORP COM 585745102 848 27593 SH DEFINED 0103 27593 MENS WEARHOUSE INC COM 587118100 1175 45639 SH DEFINED 0103 45639 MERCANTILE STORES COM 587533100 126 2732 SH DEFINED 0103 2732 MERCK COM 589331107 39450 600000 SH DEFINED 0130 600000 MERCK COM 589331107 11506 175000 SH DEFINED 0108 175000 MERCK COM 589331107 78900 1200000 SH DEFINED 0126 1200000 MERCK COM 589331107 36163 550000 SH DEFINED 0124 550000 MERCK COM 589331107 6739 102500 SH DEFINED 0125 102500 MERCK COM 589331107 11506 175000 SH DEFINED 0107 175000 MERCK COM 589331107 23013 350000 SH DEFINED 011618 350000 MERCK COM 589331107 2433 37000 SH DEFINED 011620 37000 MERCK COM 589331107 152969 2326555 SH DEFINED 0102 2326555 MERCK COM 589331107 8112 123381 SH DEFINED 0103 123381 MERCK COM 589331107 10159 154516 SH DEFINED 01 154516 MEREDITH CORP COM 589433101 84 1995 SH DEFINED 0103 1995 MERRILL LYNCH & CO COM 590188108 30600 600000 SH DEFINED 0111 600000 MERRILL LYNCH & CO COM 590188108 246 4800 SH DEFINED 0102 4800 MERRILL LYNCH & CO COM 590188108 800 15694 SH DEFINED 0103 15694 MERRY LAND & INVT CO COM 590438107 2363 100000 SH DEFINED 011618 100000 METHANEX CORP COM 59151K108 1463 200000 SH DEFINED 0109 200000 METHANEX CORP COM 59151K108 1463 200000 SH DEFINED 011621 200000 METHODE ELEC COM 591520200 6413 450000 SH DEFINED 0106 450000 PAGE 42 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE METHODE ELEC COM 591520200 3669 257500 SH DEFINED 01 257500 MICROSOFT COM 594918104 87750 1000000 SH DEFINED 0126 1000000 MICROSOFT COM 594918104 17550 200000 SH DEFINED 0111 200000 MICROSOFT COM 594918104 21938 250000 SH DEFINED 0124 250000 MICROSOFT COM 594918104 1764 20100 SH DEFINED 0125 20100 MICROSOFT COM 594918104 3071 35000 SH DEFINED 011622 35000 MICROSOFT COM 594918104 7020 80000 SH DEFINED 011623 80000 MICROSOFT COM 594918104 11408 130000 SH DEFINED 011618 130000 MICROSOFT COM 594918104 77685 885289 SH DEFINED 0102 885289 MICROSOFT COM 594918104 6143 70000 SH DEFINED 0131 70000 MICROSOFT COM 594918104 5710 65062 SH DEFINED 0103 65062 MICROSOFT COM 594918104 8555 97500 SH DEFINED 01 97500 MICRO-CHIP COM 595017104 1643 45000 SH DEFINED 011619 45000 MICRO-CHIP COM 595017104 9125 250000 SH DEFINED 011614 250000 MICRON TECHNOLOGY COM 595112103 559 14100 SH DEFINED 0125 14100 MICRON TECHNOLOGY COM 595112103 155 3900 SH DEFINED 0102 3900 MICRON TECHNOLOGY COM 595112103 775 19564 SH DEFINED 0103 19564 MICROWAVE POWER DEVS COM 59517M103 187 16800 SH DEFINED 011619 16800 MICROWAVE POWER DEVS COM 59517M103 703 63200 SH DEFINED 011614 63200 MID-AMERICA APT COM 59522J103 6549 264600 SH DEFINED 0130 264600 MID-AMERICA APT COM 59522J103 5247 212000 SH DEFINED 0107 212000 MID ATLANTIC MEDICAL COM 59523C107 13338 550000 SH DEFINED 0106 550000 MIDAMERICAN ENERGY PREFERRED STOCK 595620204 7825 73300 SH DEFINED 0105 73300 MIDAMERICAN ENERGY PREFERRED STOCK 595620204 3736 35000 SH DEFINED 01 35000 HERMAN MILLER COM 600544100 6600 220000 SH DEFINED 0128 220000 MILLER INDUS COM 600551105 1856 75000 SH DEFINED 011619 75000 MILLIPORE CORP COM 601073109 136 3305 SH DEFINED 0103 3305 MILLS COM 601148109 5654 332600 SH DEFINED 0113 332600 MN MINING & MFG CO COM 604059105 2041 30804 SH DEFINED 0103 30804 MN P & L 144A $100 PREFERRED STOCK 6041103#1 4993 50000 SH DEFINED 0105 50000 MN P & L 144A $100 PREFERRED STOCK 6041103#1 2996 30000 SH DEFINED 01 30000 MN P&L 144A 6.70 PREFERRED STOCK 604110999 10200 100000 SH DEFINED 0105 100000 MIRAGE RESORTS INC COM 60462E104 33638 975000 SH DEFINED 0126 975000 MRS FIELDS COM 60650*990 605 20176717 SH DEFINED 0105 20176717 MOBIL COM 607059102 16800 150000 SH DEFINED 0130 150000 MOBIL COM 607059102 89600 800000 SH DEFINED 0126 800000 MOBIL COM 607059102 28000 250000 SH DEFINED 0113 250000 MOBIL COM 607059102 22400 200000 SH DEFINED 0111 200000 MOBIL COM 607059102 5600 50000 SH DEFINED 0132 50000 MOBIL COM 607059102 2542 22700 SH DEFINED 0125 22700 MOBIL COM 607059102 15680 140000 SH DEFINED 0107 140000 MOBIL COM 607059102 4480 40000 SH DEFINED 011622 40000 MOBIL COM 607059102 8960 80000 SH DEFINED 011623 80000 MOBIL COM 607059102 28000 250000 SH DEFINED 011516 250000 MOBIL COM 607059102 33600 300000 SH DEFINED 011618 300000 MOBIL COM 607059102 178488 1593633 SH DEFINED 0102 1593633 MOBIL COM 607059102 24080 215000 SH DEFINED 0131 215000 MOBIL COM 607059102 6626 59154 SH DEFINED 0103 59154 MOBIL COM 607059102 10528 94000 SH DEFINED 01 94000 MOBILE MEDIA CL A COM 607415106 1262 56700 SH DEFINED 011619 56700 PAGE 43 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE MOBILE MEDIA CL A COM 607415106 5680 255300 SH DEFINED 011614 255300 MOBILE MEDIA CL A COM 607415106 6982 313800 SH DEFINED 0102 313800 MOBILE MEDIA CL A COM 607415106 3578 160800 SH DEFINED 0131 160800 MOBILE MEDIA CL A COM 607415106 652 29300 SH DEFINED 0103 29300 MOL GDS COM 608464103 17835 2175000 SH DEFINED 0130 2175000 MOL GDS COM 608464103 5125 625000 SH DEFINED 0135 625000 MOLEX INC COM 608554101 1060 33400 SH DEFINED 011619 33400 MOLEX INC COM 608554101 4337 136600 SH DEFINED 011614 136600 MOLEX INC COM 608554101 6448 202950 SH DEFINED 0102 202950 MOLEX INC COM 608554101 4211 132625 SH DEFINED 0131 132625 MOLEX INC COM 608554101 242 7625 SH DEFINED 0103 7625 MOLEX INC CL A COM 608554200 189 6168 SH DEFINED 0102 6168 MONSANTO COMPANY COM 611662107 147000 1200000 SH DEFINED 0126 1200000 MONSANTO COMPANY COM 611662107 11638 95000 SH DEFINED 0107 95000 MONSANTO COMPANY COM 611662107 1019 8318 SH DEFINED 0103 8318 MOORE CORP COM 615785102 39908 2142700 SH DEFINED 011516 2142700 MOORE CORP COM 615785102 135 7268 SH DEFINED 0103 7268 JP MORGAN & CO INC COM 616880100 28088 350000 SH DEFINED 0130 350000 JP MORGAN & CO INC COM 616880100 22069 275000 SH DEFINED 0113 275000 JP MORGAN & CO INC COM 616880100 1116 13904 SH DEFINED 0103 13904 MORGAN STANLEY GROUP COM 617446109 9272 115000 SH DEFINED 0108 115000 MORGAN STANLEY GROUP COM 617446109 456 5654 SH DEFINED 0103 5654 MS-DURACELL DEC CVT CONV PFD STOCK 617446679 10067 195000 SH DEFINED 0130 195000 MS-DURACELL DEC CVT CONV PFD STOCK 617446679 6969 135000 SH DEFINED 0107 135000 MORTON INTERNATIONAL COM 619331101 57 1600 SH DEFINED 0125 1600 MORTON INTERNATIONAL COM 619331101 7175 200000 SH DEFINED 011618 200000 MORTON INTERNATIONAL COM 619331101 1256 35000 SH DEFINED 011620 35000 MORTON INTERNATIONAL COM 619331101 1794 50000 SH DEFINED 011614 50000 MORTON INTERNATIONAL COM 619331101 24208 674786 SH DEFINED 0102 674786 MORTON INTERNATIONAL COM 619331101 5152 143600 SH DEFINED 0131 143600 MORTON INTERNATIONAL COM 619331101 942 26263 SH DEFINED 0103 26263 MORTON INTERNATIONAL COM 619331101 1076 30000 SH DEFINED 01 30000 MOTOROLA COM 620076109 22800 400000 SH DEFINED 0111 400000 MOTOROLA COM 620076109 1032 18100 SH DEFINED 0125 18100 MOTOROLA COM 620076109 4275 75000 SH DEFINED 011622 75000 MOTOROLA COM 620076109 8550 150000 SH DEFINED 011623 150000 MOTOROLA COM 620076109 531 9360 SH DEFINED 0102 9360 MOTOROLA COM 620076109 2407 42231 SH DEFINED 0103 42231 MURPHY OIL COM 626717102 4150 100000 SH DEFINED 0128 100000 MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 17197 42200000 PRN DEFINED 0130 42200000 MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 4890 12000000 PRN DEFINED 0104 12000000 MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 16300 40000000 PRN DEFINED 0106 40000000 MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 3668 9000000 PRN DEFINED 011621 9000000 MUTL RISKMGMTCVT/PUT CONV BOND 628351AA6 1141 2800000 PRN DEFINED 011620 2800000 MUTUAL RISK COM 628351108 18300 400000 SH DEFINED 0130 400000 MUTUAL RISK COM 628351108 1647 36000 SH DEFINED 011620 36000 MUTUAL RISK COM 628351108 14860 324800 SH DEFINED 0102 324800 MUTUAL RISK COM 628351108 549 12000 SH DEFINED 0103 12000 MYLAN LABS COM 628530107 31138 1325000 SH DEFINED 011516 1325000 MYLEX CORP COM 628546103 8606 450000 SH DEFINED 0106 450000 PAGE 44 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE MYLEX CORP COM 628546103 1913 100000 SH DEFINED 011619 100000 NBTY INC COM 628782104 1912 402500 SH DEFINED 011516 402500 NCI BUILDING SYSTEMS COM 628852105 1980 80000 SH DEFINED 011619 80000 NAC RE 144A CONV BOND 628907AC1 13399 13250000 PRN DEFINED 0130 13250000 NAC RE 144A CONV BOND 628907AC1 3539 3500000 PRN DEFINED 0104 3500000 NAC RE 144A CONV BOND 628907AC1 1770 1750000 PRN DEFINED 011621 1750000 NAC RE CORPORATION COM 628907107 5623 156200 SH DEFINED 0108 156200 NAC RE CORPORATION COM 628907107 14 400 SH DEFINED 0102 400 NAC RE CORPORATION COM 628907107 4882 135600 SH DEFINED 0131 135600 NAC RE CORPORATION COM 628907107 274 7600 SH DEFINED 0103 7600 NIPSCO COM 629140104 9563 250000 SH DEFINED 0132 250000 NUCO 2 COM 629428103 975 75000 SH DEFINED 011619 75000 NVR INC COM 62944T105 1000 100000 SH DEFINED 0109 100000 NABISCO HOLDINGS COM 629526104 16313 500000 SH DEFINED 011516 500000 NABORS INDUSTRIES IN COM 629568106 1780 160000 SH DEFINED 011619 160000 NACCO IND CL A COM 629579103 37 661 SH DEFINED 0103 661 NALCO CHEMICAL COM 629853102 12050 400000 SH DEFINED 0130 400000 NALCO CHEMICAL COM 629853102 24100 800000 SH DEFINED 0113 800000 NALCO CHEMICAL COM 629853102 12201 405000 SH DEFINED 0107 405000 NALCO CHEMICAL COM 629853102 149 4930 SH DEFINED 0103 4930 NAT'L AUTO CR HLDG COM 632900106 1349 83000 SH DEFINED 011620 83000 NATIONAL CITY CORP COM 635405103 19875 600000 SH DEFINED 0113 600000 NATIONAL CITY CORP COM 635405103 354 10673 SH DEFINED 0103 10673 NATL ENT 4.75 CONV BOND 635819AA3 1 20000 PRN DEFINED 0102 20000 NATL HLTH INV $25 CONV PFD STOCK 63633D203 2552 83000 SH DEFINED 0104 83000 NATL HLTH INV $25 CONV PFD STOCK 63633D203 1845 60000 SH DEFINED 0109 60000 NATL HLTH INV $25 CONV PFD STOCK 63633D203 1230 40000 SH DEFINED 011621 40000 NATL HLTH INV $25 CONV PFD STOCK 63633D203 308 10000 SH DEFINED 011620 10000 NATIONAL POWER PLC COM 637194507 7863 850000 SH DEFINED 0130 850000 NATIONAL POWER PLC COM 637194507 1341 145000 SH DEFINED 0132 145000 NATIONAL POWER PLC COM 637194507 6429 695000 SH DEFINED 0124 695000 NATL PRESTO IND COM 637215104 4094 103000 SH DEFINED 0128 103000 NATL SEMICONDUCTOR COM 637640103 211 9480 SH DEFINED 0103 9480 NATL SERVICES IND COM 637657107 115 3545 SH DEFINED 0103 3545 NAT CORP HOUSING COM 637995994 100 500 SH DEFINED 01 500 NATIONS BANK COM 638585109 27850 400000 SH DEFINED 0130 400000 NATIONS BANK COM 638585109 31331 450000 SH DEFINED 0113 450000 NATIONS BANK COM 638585109 17406 250000 SH DEFINED 0124 250000 NATIONS BANK COM 638585109 1281 18400 SH DEFINED 0125 18400 NATIONS BANK COM 638585109 15666 225000 SH DEFINED 0107 225000 NATIONS BANK COM 638585109 412 5920 SH DEFINED 0102 5920 NATIONS BANK COM 638585109 24369 350000 SH DEFINED 0131 350000 NATIONS BANK COM 638585109 2737 39302 SH DEFINED 0103 39302 NATIONWIDE HEALTH COM 638620104 8400 200000 SH DEFINED 011618 200000 NATIONWIDE HEALTH COM 638620104 1302 31000 SH DEFINED 01 31000 NAVISTAR INTL CORP COM 63934E108 1026 97696 SH DEFINED 0103 97696 NEDCOR WRWT COM 63975P111 646 110000 SH DEFINED 0130 110000 NEDCOR GDR'S COM 63975P202 7482 440000 SH DEFINED 0130 440000 NELLCOR PURITAN BEN COM 640275103 20552 354347 SH DEFINED 0103 354347 NERA TELECOM ADS COM 640806105 6013 185000 SH DEFINED 011614 185000 PAGE 45 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE NERA TELECOM ADS COM 640806105 5207 160200 SH DEFINED 0131 160200 NERA TELECOM ADS COM 640806105 299 9200 SH DEFINED 0103 9200 NETWORK GENERAL COM 641210109 10013 300000 SH DEFINED 011516 300000 NETWORK GENERAL COM 641210109 1669 50000 SH DEFINED 011619 50000 NETWORK GENERAL COM 641210109 8344 250000 SH DEFINED 011614 250000 NEW ENGLAND ELEC SYS COM 644001109 9906 250000 SH DEFINED 0132 250000 NJ NATL GAS 100 144A PREFERRED STOCK 645869207 22150 200000 SH DEFINED 0105 200000 NEW JERSEY RESOURCES COM 646025106 4636 153900 SH DEFINED 0128 153900 NEW JERSEY RESOURCES COM 646025106 11297 375000 SH DEFINED 0132 375000 NEW JERSEY RESOURCES COM 646025106 452 15000 SH DEFINED 01 15000 NEW WORLD COM 64927A103 12250 700000 SH DEFINED 0124 700000 NEW WORLD COM 64927A103 5250 300000 SH DEFINED 011516 300000 NEW WORLD COM 64927A103 21 1200 SH DEFINED 0102 1200 NEW WORLD COM 64927A103 7221 412600 SH DEFINED 0131 412600 NEW WORLD COM 64927A103 403 23000 SH DEFINED 0103 23000 NEW YORK TIMES CLA COM 650111107 212 7140 SH DEFINED 0103 7140 NEWELL CO COM 651192106 25875 1000000 SH DEFINED 011516 1000000 NEWELL CO COM 651192106 7763 300000 SH DEFINED 011618 300000 NEWELL CO COM 651192106 302 11658 SH DEFINED 0103 11658 NEWFIELD EXPLORATION COM 651290108 6368 235800 SH DEFINED 0102 235800 NEWFIELD EXPLORATION COM 651290108 205 7600 SH DEFINED 0103 7600 NEWMONT GOLD CORP COM 651637100 1094 25000 SH DEFINED 0127 25000 NEWMONT MINING COM 651639106 22625 500000 SH DEFINED 0124 500000 NEWMONT MINING COM 651639106 295 6517 SH DEFINED 0103 6517 NEXTEL COMMUNICATION COM 65332V103 33925 2300000 SH DEFINED 011516 2300000 NEXGEN COM 653329102 57 4500 SH DEFINED 0102 4500 NIAGARA MOHAWK POWER COM 653522102 101 10447 SH DEFINED 0103 10447 NICOR COM 654086107 6188 225000 SH DEFINED 0132 225000 NICOR COM 654086107 103 3746 SH DEFINED 0103 3746 NIKE INC CL B COM 654106103 27850 400000 SH DEFINED 0111 400000 NIKE INC CL B COM 654106103 487 7000 SH DEFINED 0125 7000 NIKE INC CL B COM 654106103 3481 50000 SH DEFINED 011622 50000 NIKE INC CL B COM 654106103 7659 110000 SH DEFINED 011623 110000 NIKE INC CL B COM 654106103 140 2000 SH DEFINED 0102 2000 NIKE INC CL B COM 654106103 869 12486 SH DEFINED 0103 12486 NOKIA PREFERRED COM 654902204 19438 500000 SH DEFINED 0130 500000 NOKIA PREFERRED COM 654902204 11663 300000 SH DEFINED 0126 300000 NOKIA PREFERRED COM 654902204 2916 75000 SH DEFINED 0132 75000 NOKIA PREFERRED COM 654902204 7775 200000 SH DEFINED 0124 200000 NOKIA PREFERRED COM 654902204 40819 1050000 SH DEFINED 011516 1050000 NOKIA PREFERRED COM 654902204 23325 600000 SH DEFINED 011618 600000 NOKIA PREFERRED COM 654902204 389 10000 SH DEFINED 011620 10000 NOKIA PREFERRED COM 654902204 6270 161300 SH DEFINED 01 161300 NORAM ENERGY CORP COM 655419109 55796 6286821 SH DEFINED 0103 6286821 NORDBANKEN COM 65555R102 3450 100000 SH DEFINED 0135 100000 NORDSTROM INC COM 655664100 7088 175000 SH DEFINED 0108 175000 NORDSTROM INC COM 655664100 18225 450000 SH DEFINED 0113 450000 NORDSTROM INC COM 655664100 22275 550000 SH DEFINED 0124 550000 NORDSTROM INC COM 655664100 486 12000 SH DEFINED 011620 12000 NORDSTROM INC COM 655664100 21263 525000 SH DEFINED 0131 525000 PAGE 46 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE NORDSTROM INC COM 655664100 1018 25114 SH DEFINED 0103 25114 NORDSTROM INC COM 655664100 810 20000 SH DEFINED 01 20000 NORFOLK SOUTHERN CO COM 655844108 23813 300000 SH DEFINED 0130 300000 NORFOLK SOUTHERN CO COM 655844108 31750 400000 SH DEFINED 0113 400000 NORFOLK SOUTHERN CO COM 655844108 12700 160000 SH DEFINED 011618 160000 NORFOLK SOUTHERN CO COM 655844108 278 3500 SH DEFINED 0102 3500 NORFOLK SOUTHERN CO COM 655844108 21828 275000 SH DEFINED 0131 275000 NORFOLK SOUTHERN CO COM 655844108 1597 20116 SH DEFINED 0103 20116 NORTHRN ST PWR CO MN COM 665772109 19650 400000 SH DEFINED 0113 400000 NORTHRN ST PWR CO MN COM 665772109 9825 200000 SH DEFINED 0132 200000 NORTHRN ST PWR CO MN COM 665772109 12773 260000 SH DEFINED 0107 260000 NORTHRN ST PWR CO MN COM 665772109 14738 300000 SH DEFINED 011618 300000 NORTHRN ST PWR CO MN COM 665772109 264 5400 SH DEFINED 0102 5400 NORTHRN ST PWR CO MN COM 665772109 246 5001 SH DEFINED 0103 5001 NORTHRN ST PWR CO MN COM 665772109 1474 30000 SH DEFINED 01 30000 NORTHRN TELECOM COM 665815106 13975 325000 SH DEFINED 0130 325000 NORTHRN TELECOM COM 665815106 8600 200000 SH DEFINED 0132 200000 NORTHRN TELECOM COM 665815106 7043 163800 SH DEFINED 0112 163800 NORTHRN TELECOM COM 665815106 3100 72100 SH DEFINED 0125 72100 NORTHRN TELECOM COM 665815106 7624 177300 SH DEFINED 011617 177300 NORTHRN TELECOM COM 665815106 7525 175000 SH DEFINED 011614 175000 NORTHRN TELECOM COM 665815106 8505 197800 SH DEFINED 0102 197800 NORTHRN TELECOM COM 665815106 1184 27529 SH DEFINED 0103 27529 NORTHRN TELECOM COM 665815106 9387 218315 SH DEFINED 01 218315 NORTHROP GRUMMAN COR COM 666807102 16000 250000 SH DEFINED 011618 250000 NORTHROP GRUMMAN COR COM 666807102 232 3627 SH DEFINED 0103 3627 NWA COM 667280101 17850 350000 SH DEFINED 0111 350000 NWA COM 667280101 3825 75000 SH DEFINED 011622 75000 NWA COM 667280101 7650 150000 SH DEFINED 011623 150000 NWA COM 667280101 281 5500 SH DEFINED 0102 5500 NORTON MCNAUGHTON COM 668685100 8344 750000 SH DEFINED 011516 750000 NORWEST CORP COM 669380107 13200 400000 SH DEFINED 0130 400000 NORWEST CORP COM 669380107 59400 1800000 SH DEFINED 0126 1800000 NORWEST CORP COM 669380107 26400 800000 SH DEFINED 0113 800000 NORWEST CORP COM 669380107 1030 31200 SH DEFINED 0125 31200 NORWEST CORP COM 669380107 23100 700000 SH DEFINED 011516 700000 NORWEST CORP COM 669380107 3300 100000 SH DEFINED 011618 100000 NORWEST CORP COM 669380107 25395 769530 SH DEFINED 0102 769530 NORWEST CORP COM 669380107 19800 600000 SH DEFINED 0131 600000 NORWEST CORP COM 669380107 1561 47324 SH DEFINED 0103 47324 NOVELL INC COM 670006105 14250 1000000 SH DEFINED 0126 1000000 NOVELL INC COM 670006105 29 2000 SH DEFINED 0125 2000 NOVELL INC COM 670006105 133950 9400000 SH DEFINED 011516 9400000 NOVELL INC COM 670006105 5273 370000 SH DEFINED 011618 370000 NOVELL INC COM 670006105 1853 130000 SH DEFINED 011619 130000 NOVELL INC COM 670006105 7481 525000 SH DEFINED 011614 525000 NOVELL INC COM 670006105 464 32518 SH DEFINED 0102 32518 NOVELL INC COM 670006105 407 28545 SH DEFINED 0103 28545 NUCOR CORP COM 670346105 51413 900000 SH DEFINED 0111 900000 NUCOR CORP COM 670346105 1628 28500 SH DEFINED 0125 28500 PAGE 47 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE NUCOR CORP COM 670346105 6855 120000 SH DEFINED 011622 120000 NUCOR CORP COM 670346105 15252 267000 SH DEFINED 011623 267000 NUCOR CORP COM 670346105 112272 1965242 SH DEFINED 0102 1965242 NUCOR CORP COM 670346105 1881 32936 SH DEFINED 0103 32936 NUCOR CORP COM 670346105 16853 295024 SH DEFINED 01 295024 NUEVO ENERGY CO COM 670509108 6153 275000 SH DEFINED 0106 275000 NYNEX CABLE ADS COM 670764109 8123 467500 SH DEFINED 0130 467500 NYNEX CABLE ADS COM 670764109 16506 950000 SH DEFINED 0124 950000 NYNEX CABLE ADS COM 670764109 4691 270000 SH DEFINED 0135 270000 NYNEX COM 670768100 10800 200000 SH DEFINED 0132 200000 NYNEX COM 670768100 1709 31657 SH DEFINED 0103 31657 OASIS COM 674216106 3868 170000 SH DEFINED 0107 170000 OASIS COM 674216106 500 21960 SH DEFINED 01 21960 OCCIDENTAL PETROLEUM COM 674599105 17100 800000 SH DEFINED 0124 800000 OCCIDENTAL PETROLEUM COM 674599105 496 23186 SH DEFINED 0103 23186 OFFICE MAX COM 67622M108 17900 800000 SH DEFINED 0106 800000 OFFICE MAX COM 67622M108 4475 200000 SH DEFINED 011618 200000 OFFICE MAX COM 67622M108 750 33500 SH DEFINED 011620 33500 OFFICE MAX COM 67622M108 4790 214050 SH DEFINED 01 186000 28050 OFFICE DEP PUT 11/00 CONV BOND 676220AB2 11600 20000000 PRN DEFINED 0106 20000000 OFFICE DEPOT INC COM 676220106 17848 903700 SH DEFINED 0130 903700 OFFICE DEPOT INC COM 676220106 5947 301131 SH DEFINED 0103 301131 OFFICE DEPOT INC COM 676220106 2880 145810 SH DEFINED 01 145810 OGDEN CORP COM 676346109 77 3587 SH DEFINED 0103 3587 OHIO EDISON COM 677347106 263 11181 SH DEFINED 0103 11181 OHIO POWER CO $100 PREFERRED STOCK 677415796 3587 36000 SH DEFINED 0105 36000 OKLAHOMA GAS & ELEC COM 678858101 8600 200000 SH DEFINED 0132 200000 OLSTEN CORP COM 681385100 15800 400000 SH DEFINED 0111 400000 OLSTEN CORP COM 681385100 15800 400000 SH DEFINED 011618 400000 OLSTEN CORP COM 681385100 1975 50000 SH DEFINED 011619 50000 OLSTEN CORP COM 681385100 7900 200000 SH DEFINED 011614 200000 OLSTEN CORP COM 681385100 193 4900 SH DEFINED 0102 4900 OLSTEN CORP COM 681385100 5175 131000 SH DEFINED 0131 131000 OLSTEN CORP COM 681385100 296 7500 SH DEFINED 0103 7500 OLYMPIC FINANCIAL LT COM 681593109 813 50000 SH DEFINED 0109 50000 OMNICARE, INC. COM 681904108 24040 537200 SH DEFINED 0102 537200 OMNICARE, INC. COM 681904108 644 14400 SH DEFINED 0103 14400 OMEGA HEALTH CARE COM 681936100 5325 200000 SH DEFINED 0130 200000 OMEGA HEALTH CARE COM 681936100 7988 300000 SH DEFINED 0113 300000 OMEGA HEALTH CARE COM 681936100 4393 165000 SH DEFINED 0107 165000 OMEGA HEALTH CARE COM 681936100 260 9748 SH DEFINED 01 9748 ONEOK INC COM 682678107 45 1982 SH DEFINED 0103 1982 ORACLE CORP COM COM 68389X105 101700 2400000 SH DEFINED 0126 2400000 ORACLE CORP COM COM 68389X105 38138 900000 SH DEFINED 0111 900000 ORACLE CORP COM COM 68389X105 479 11300 SH DEFINED 0125 11300 ORACLE CORP COM COM 68389X105 8475 200000 SH DEFINED 011622 200000 ORACLE CORP COM COM 68389X105 19238 454000 SH DEFINED 011623 454000 ORACLE CORP COM COM 68389X105 6356 150000 SH DEFINED 011618 150000 ORACLE CORP COM COM 68389X105 19069 450000 SH DEFINED 011614 450000 ORACLE CORP COM COM 68389X105 1257 29656 SH DEFINED 0102 29656 PAGE 48 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ORACLE CORP COM COM 68389X105 19132 451500 SH DEFINED 0131 451500 ORACLE CORP COM COM 68389X105 2757 65062 SH DEFINED 0103 65062 ORACLE CORP COM COM 68389X105 4350 102660 SH DEFINED 01 102660 OPTI INC COM 683960108 5 600 SH DEFINED 0102 600 ORANGE ROCKLAND$100 PREFERRED STOCK 6840654*3 1323 13098 SH DEFINED 0105 13098 ORION NETWORK SYS COM 68628K104 5653 675000 SH DEFINED 0135 675000 ORYX ENERGY CO COM 68763F100 101 7584 SH DEFINED 0103 7584 OUTBOARD MARINE COM 690020102 29 1428 SH DEFINED 0103 1428 OWENS & MINOR INC COM 690732102 30600 2400000 SH DEFINED 011516 2400000 OWENS CORNIG FIB NEW COM 690734207 166 3690 SH DEFINED 0103 3690 PECO ENERGY COM 693304107 9791 325000 SH DEFINED 0132 325000 PECO ENERGY COM 693304107 12 400 SH DEFINED 0102 400 PECO ENERGY COM 693304107 492 16333 SH DEFINED 0103 16333 PMT SERVICES COM 693457103 6806 225000 SH DEFINED 011516 225000 PNC FINL CORP COM 693475105 542 16791 SH DEFINED 0103 16791 PP & L RESOURCES COM 693499105 273 10907 SH DEFINED 0103 10907 PPG INDUSTRIES INC COM 693506107 9150 200000 SH DEFINED 0107 200000 PPG INDUSTRIES INC COM 693506107 21731 475000 SH DEFINED 0131 475000 PPG INDUSTRIES INC COM 693506107 1460 31910 SH DEFINED 0103 31910 PT TRI POLYTA COM 69365B109 3438 250000 SH DEFINED 0135 250000 TAMBANG TIMAHGDR144A COM 69365J102 6075 500000 SH DEFINED 0135 500000 PXRE CORP COM 693674103 7288 275000 SH DEFINED 0106 275000 PACCAR INC COM 693718108 118 2794 SH DEFINED 0103 2794 PACIFIC ENTERPRISES COM 694232109 201 7100 SH DEFINED 0125 7100 PACIFIC ENTERPRISES COM 694232109 71 2500 SH DEFINED 0102 2500 PACIFIC ENTERPRISES COM 694232109 269 9533 SH DEFINED 0103 9533 PACIFIC GAS & ELEC COM 694308107 890 31373 SH DEFINED 0103 31373 PACIFIC GAS & ELEC PREFERRED STOCK 694308651 583 24000 SH DEFINED 0105 24000 PACIFIC GAS & ELEC PREFERRED STOCK 694308693 14471 567500 SH DEFINED 0105 567500 PACIFIC TELESIS COM 694890104 306 9100 SH DEFINED 0125 9100 PACIFIC TELESIS COM 694890104 21856 650000 SH DEFINED 011516 650000 PACIFIC TELESIS COM 694890104 37 1100 SH DEFINED 0102 1100 PACIFIC TELESIS COM 694890104 1073 31924 SH DEFINED 0103 31924 PACIFICARE HEALTHCLB COM 695110205 28710 330000 SH DEFINED 011618 330000 PACIFICORP COM 695114108 443 20848 SH DEFINED 0103 20848 PACIFICORP $100 PAR PREFERRED STOCK 695114678 16800 150000 SH DEFINED 0105 150000 PACIFICORP $100 PAR PREFERRED STOCK 695114678 1120 10000 SH DEFINED 0116 10000 PAGEMART NATIONWIDE COM 69553Q108 476 50750 SH DEFINED 0109 50750 PAGING NETWORK INC. COM 695542100 4875 200000 SH DEFINED 0132 200000 PAGING NETWORK INC. COM 695542100 1828 75000 SH DEFINED 011619 75000 PAGING NETWORK INC. COM 695542100 8044 330000 SH DEFINED 011614 330000 PAGING NETWORK INC. COM 695542100 15360 630100 SH DEFINED 0102 630100 PAGING NETWORK INC. COM 695542100 5538 227200 SH DEFINED 0131 227200 PAGING NETWORK INC. COM 695542100 826 33900 SH DEFINED 0103 33900 PAINEWEBBER MASTER COM 695910885 1 135 SH DEFINED 01 135 PAIR GAIN TECH COM 695934109 9581 175000 SH DEFINED 0106 175000 PAIR GAIN TECH COM 695934109 3011 55000 SH DEFINED 011619 55000 PALL CORP COM 696429307 12094 450000 SH DEFINED 0108 450000 PALL CORP COM 696429307 1747 65000 SH DEFINED 011619 65000 PALL CORP COM 696429307 8063 300000 SH DEFINED 011614 300000 PAGE 49 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE PALL CORP COM 696429307 225 8382 SH DEFINED 0103 8382 PANAMSAT CORP COM 69830X108 5516 250000 SH DEFINED 0109 250000 PANAMSAT CORP COM 69830X108 2206 100000 SH DEFINED 011619 100000 PANAMSAT CORP COM 69830X108 9377 425000 SH DEFINED 011614 425000 PANHANDLE EASTERN COM 698462108 5575 200000 SH DEFINED 0132 200000 PANHANDLE EASTERN COM 698462108 300 10775 SH DEFINED 0103 10775 PARAGON CORP COM 699116109 7819 450000 SH DEFINED 0113 450000 PARAMETRIC TECH CORP COM 699173100 9975 150000 SH DEFINED 0108 150000 PARAMETRIC TECH CORP COM 699173100 79800 1200000 SH DEFINED 0126 1200000 PARAMETRIC TECH CORP COM 699173100 4575 68800 SH DEFINED 011622 68800 PARAMETRIC TECH CORP COM 699173100 10095 151800 SH DEFINED 011623 151800 PARAMETRIC TECH CORP COM 699173100 2328 35000 SH DEFINED 011619 35000 PARAMETRIC TECH CORP COM 699173100 18620 280000 SH DEFINED 011614 280000 PARAMETRIC TECH CORP COM 699173100 51625 776300 SH DEFINED 0102 776300 PARAMETRIC TECH CORP COM 699173100 22278 335000 SH DEFINED 0131 335000 PARAMETRIC TECH CORP COM 699173100 2733 41100 SH DEFINED 0103 41100 PARKER & PARSLEY PET COM 701018103 7150 325000 SH DEFINED 0106 325000 PARKER-HANNIFIN COM 701094104 185 5387 SH DEFINED 0103 5387 PATTERSON DENTAL COM 703412106 8100 300000 SH DEFINED 011614 300000 PAYCHEX INC COM 704326107 17955 360000 SH DEFINED 011614 360000 PAYCHEX INC COM 704326107 33237 666387 SH DEFINED 0102 666387 PAYCHEX INC COM 704326107 7945 159300 SH DEFINED 0131 159300 PAYCHEX INC COM 704326107 2519 50500 SH DEFINED 0103 50500 PEGASUS GOLD CORP COM 70556K106 1388 100000 SH DEFINED 0127 100000 PEGASUS MED COMM COM 70557G104 225 750 SH DEFINED 0109 750 PENNCORP FINANCIAL G COM 708094107 5875 200000 SH DEFINED 0128 200000 PENNCORP FINANCIAL G COM 708094107 2350 80000 SH DEFINED 011619 80000 PENNCORP FINANCIAL G COM 708094107 10575 360000 SH DEFINED 011614 360000 PENNCORP FINANCIAL G COM 708094107 14522 494400 SH DEFINED 0102 494400 PENNCORP FINANCIAL G COM 708094107 7934 270100 SH DEFINED 0131 270100 PENNCORP FINANCIAL G COM 708094107 908 30900 SH DEFINED 0103 30900 PENNEY J C COM 708160106 26194 550000 SH DEFINED 0130 550000 PENNEY J C COM 708160106 811 17023 SH DEFINED 0103 17023 PENN P&L PFD $100 PREFERRED STOCK 709051643 2550 25000 SH DEFINED 0105 25000 PENN P&L $100 PAR PREFERRED STOCK 709051684 6111 60000 SH DEFINED 0105 60000 PENNZOIL COM 709903108 144 3400 SH DEFINED 0103 3400 PEOPLES CHOICE TV CO COM 710847104 9025 475000 SH DEFINED 011516 475000 PEOPLES ENERGY CORP COM 711030106 82 2574 SH DEFINED 0103 2574 PEOPLE SOFT COM 712713106 8600 200000 SH DEFINED 0106 200000 PEP BOYS COM 713278109 15375 600000 SH DEFINED 0130 600000 PEP BOYS COM 713278109 12172 475000 SH DEFINED 0108 475000 PEP BOYS COM 713278109 10250 400000 SH DEFINED 011618 400000 PEP BOYS COM 713278109 12677 494730 SH DEFINED 0102 494730 PEP BOYS COM 713278109 116 4533 SH DEFINED 0103 4533 PEPSICO COM 713448108 22350 400000 SH DEFINED 0130 400000 PEPSICO COM 713448108 22350 400000 SH DEFINED 0126 400000 PEPSICO COM 713448108 1023 18300 SH DEFINED 0125 18300 PEPSICO COM 713448108 1900 34000 SH DEFINED 011620 34000 PEPSICO COM 713448108 223 4000 SH DEFINED 0102 4000 PEPSICO COM 713448108 3363 60179 SH DEFINED 0103 60179 PAGE 50 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE PERCLOSE COM 71361C107 666 34800 SH DEFINED 0111 34800 PERCLOSE COM 71361C107 115 6000 SH DEFINED 011622 6000 PERCLOSE COM 71361C107 252 13200 SH DEFINED 011623 13200 PERCLOSE COM 71361C107 784 41000 SH DEFINED 011620 41000 PERKIN ELMER COM 714041100 116 3068 SH DEFINED 0103 3068 PERRIGO COMPANY COM 714290103 7719 650000 SH DEFINED 011516 650000 PETROLEUM GEO SERV COM 716597109 11250 450000 SH DEFINED 011516 450000 PETSMART COM 716768106 1550 50000 SH DEFINED 011619 50000 PETSMART COM 716768106 6975 225000 SH DEFINED 011614 225000 PETSMART COM 716768106 26139 843185 SH DEFINED 0102 843185 PETSMART COM 716768106 5668 182850 SH DEFINED 0131 182850 PETSMART COM 716768106 1111 35850 SH DEFINED 0103 35850 PHARMACIA & UPJOHN COM 716941109 13950 360000 SH DEFINED 0107 360000 PHARMACIA & UPJOHN COM 716941109 17438 450000 SH DEFINED 011516 450000 PHARMACIA & UPJOHN COM 716941109 1085 28000 SH DEFINED 011620 28000 PHARMACIA & UPJOHN COM 716941109 701 18101 SH DEFINED 0103 18101 PFIZER COM 717081103 37800 600000 SH DEFINED 0130 600000 PFIZER COM 717081103 192150 3050000 SH DEFINED 0126 3050000 PFIZER COM 717081103 37800 600000 SH DEFINED 0111 600000 PFIZER COM 717081103 44100 700000 SH DEFINED 0124 700000 PFIZER COM 717081103 5525 87700 SH DEFINED 0125 87700 PFIZER COM 717081103 8996 142800 SH DEFINED 011622 142800 PFIZER COM 717081103 19921 316200 SH DEFINED 011623 316200 PFIZER COM 717081103 31500 500000 SH DEFINED 011618 500000 PFIZER COM 717081103 1859 29500 SH DEFINED 011620 29500 PFIZER COM 717081103 102507 1626961 SH DEFINED 0102 1626961 PFIZER COM 717081103 19492 309400 SH DEFINED 0131 309400 PFIZER COM 717081103 5437 86301 SH DEFINED 0103 86301 PFIZER COM 717081103 12348 196000 SH DEFINED 01 196000 PHARMACOPEIA COM 71713B104 97 4000 SH DEFINED 011620 4000 PHELPS DODGE COM 717265102 315 5066 SH DEFINED 0103 5066 PHILIP MORRIS COM 718154107 36200 400000 SH DEFINED 0130 400000 PHILIP MORRIS COM 718154107 33938 375000 SH DEFINED 0113 375000 PHILIP MORRIS COM 718154107 7855 86800 SH DEFINED 0125 86800 PHILIP MORRIS COM 718154107 19005 210000 SH DEFINED 0107 210000 PHILIP MORRIS COM 718154107 2715 30000 SH DEFINED 011620 30000 PHILIP MORRIS COM 718154107 112114 1238800 SH DEFINED 0102 1238800 PHILIP MORRIS COM 718154107 21720 240000 SH DEFINED 0131 240000 PHILIP MORRIS COM 718154107 9084 100380 SH DEFINED 0103 100380 PHILIP MORRIS COM 718154107 18791 207630 SH DEFINED 01 159530 48100 PHILIPPINE COM BANK COM 718200991 3362 364380 SH DEFINED 0112 364380 PHILIPPINE COM BANK COM 718200991 4069 441000 SH DEFINED 011617 441000 PHILIPPINE LONG DIST COM 718252604 5683 105000 SH DEFINED 0112 105000 PHILIPPINE LONG DIST COM 718252604 7139 131900 SH DEFINED 011617 131900 PHILLIPS PETROLEUM COM 718507106 423 12400 SH DEFINED 0125 12400 PHILLIPS PETROLEUM COM 718507106 48 1400 SH DEFINED 0102 1400 PHILLIPS PETROLEUM COM 718507106 661 19368 SH DEFINED 0103 19368 PHOENIX SHANNON 144A CONV BOND 719138AA7 1960 2000000 PRN DEFINED 0104 2000000 PHYCOR COM 71940F100 13399 265000 SH DEFINED 011614 265000 PHYCOR COM 71940F100 54328 1074475 SH DEFINED 0102 1074475 PAGE 51 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE PHYCOR COM 71940F100 1600 31650 SH DEFINED 0103 31650 PHYS CORP NETWORKS COM 71940K109 2475 275000 SH DEFINED 011619 275000 PHYSICIAN RESOURCE COM 71941S101 1590 80000 SH DEFINED 011619 80000 PHYSICIAN RESOURCE COM 71941S101 5466 275000 SH DEFINED 011614 275000 PIEDMONT BANKGROUP I COM 720126101 128 4930 SH DEFINED 0102 4930 PINNACLE WEST CAPITA COM 723484101 10781 375000 SH DEFINED 0132 375000 PINNACLE WEST CAPITA COM 723484101 2875 100000 SH DEFINED 011618 100000 PIONEER GROUP COM 723684106 273 10000 SH DEFINED 0127 10000 PIONEER HI-BRED COM 723686101 9734 175000 SH DEFINED 0108 175000 PIONEER HI-BRED COM 723686101 22250 400000 SH DEFINED 0126 400000 PIONEER HI-BRED COM 723686101 3744 67300 SH DEFINED 0125 67300 PIONEER HI-BRED COM 723686101 13906 250000 SH DEFINED 011618 250000 PIONEER HI-BRED COM 723686101 11951 214822 SH DEFINED 0102 214822 PIONEER HI-BRED COM 723686101 2009 36120 SH DEFINED 0103 36120 PIONEER HI-BRED COM 723686101 528 9500 SH DEFINED 01 9500 PIONEER STANDARD ELE COM 723877106 3313 250000 SH DEFINED 0128 250000 PITNEY BOWES COM 724479100 16450 350000 SH DEFINED 0130 350000 PITNEY BOWES COM 724479100 35250 750000 SH DEFINED 0124 750000 PITNEY BOWES COM 724479100 4968 105700 SH DEFINED 0125 105700 PITNEY BOWES COM 724479100 14805 315000 SH DEFINED 0107 315000 PITNEY BOWES COM 724479100 1626 34600 SH DEFINED 0102 34600 PITNEY BOWES COM 724479100 2611 55539 SH DEFINED 0103 55539 PITTSTON SERVICES GP COM 725701106 55371 1764818 SH DEFINED 0103 1764818 PITTSTON MINERALS GP COM 725701205 6178 445263 SH DEFINED 0103 445263 PITTSTON MIN $3.125 CONV PFD STOCK 725701403 5780 150000 SH DEFINED 0130 150000 PLACER DOME INC COM 725906101 603 25000 SH DEFINED 0127 25000 PLACER DOME INC COM 725906101 429 17802 SH DEFINED 0103 17802 PLASMA MATERIALS COM 72753M109 1013 90000 SH DEFINED 011614 90000 PLATINUM TECH INC COM 72764T101 10566 575000 SH DEFINED 0106 575000 PLATINUM TECH INC COM 72764T101 9 500 SH DEFINED 0102 500 PLATINUM TECH INC COM 72764T101 3418 186000 SH DEFINED 0131 186000 PLATINUM TECH INC COM 72764T101 211 11500 SH DEFINED 0103 11500 PLATINUM TECH INC COM 72764T101 4172 227070 SH DEFINED 01 227070 PLAY BY PLAY TOYS COM 72811K103 1316 90000 SH DEFINED 011619 90000 PLAYTEX PRODUCTS INC COM 72813P100 4500 600000 SH DEFINED 011516 600000 POGO PRODUCING CO COM 730448107 7063 250000 SH DEFINED 0106 250000 POGO PRODUCING CO COM 730448107 848 30000 SH DEFINED 011619 30000 POGO PRODUCING CO COM 730448107 3814 135000 SH DEFINED 011614 135000 POGO PRODUCING CO COM 730448107 31722 1122900 SH DEFINED 0102 1122900 POGO PRODUCING CO COM 730448107 5288 187200 SH DEFINED 0131 187200 POGO PRODUCING CO COM 730448107 1297 45900 SH DEFINED 0103 45900 POGO PRODUCING CO COM 730448107 4281 151545 SH DEFINED 01 151545 POLARIS INDS INC COM 731068102 3672 125000 SH DEFINED 0128 125000 POLAROID COM 731095105 158 3342 SH DEFINED 0103 3342 POLICY MGMT SYSTEMS COM 731108106 38348 805200 SH DEFINED 011516 805200 POLICY MGMT SYSTEMS COM 731108106 8486 178150 SH DEFINED 0102 178150 POLICY MGMT SYSTEMS COM 731108106 252 5300 SH DEFINED 0103 5300 PORTUCELL ADS COM 737262105 5924 1000000 SH DEFINED 0135 1000000 POSSIS MEDICAL INC COM 737407106 1854 115000 SH DEFINED 011619 115000 POSSIS MEDICAL INC COM 737407106 6 400 SH DEFINED 0102 400 PAGE 52 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE POTLATCH CORP COM 737628107 86 2156 SH DEFINED 0103 2156 POWERGEN PLC P/P COM 738905504 10172 775000 SH DEFINED 0130 775000 POWERGEN PLC P/P COM 738905504 1181 90000 SH DEFINED 0132 90000 PRAXAIR COM 74005P104 6725 200000 SH DEFINED 0130 200000 PRAXAIR COM 74005P104 10088 300000 SH DEFINED 0108 300000 PRAXAIR COM 74005P104 6725 200000 SH DEFINED 0126 200000 PRAXAIR COM 74005P104 13450 400000 SH DEFINED 0124 400000 PRAXAIR COM 74005P104 1984 59000 SH DEFINED 011620 59000 PRAXAIR COM 74005P104 10928 325000 SH DEFINED 011614 325000 PRAXAIR COM 74005P104 13997 416341 SH DEFINED 0102 416341 PRAXAIR COM 74005P104 12169 361900 SH DEFINED 0131 361900 PRAXAIR COM 74005P104 1297 38605 SH DEFINED 0103 38605 PRECISION CASTPARTS COM 740189105 9020 226900 SH DEFINED 0102 226900 PRECISION CASTPARTS COM 740189105 5223 131400 SH DEFINED 0131 131400 PRECISION CASTPARTS COM 740189105 592 14900 SH DEFINED 0103 14900 PREMARK INTL INC COM 740459102 240 4736 SH DEFINED 0103 4736 PRICE COSTCO COM 74143W102 216 14186 SH DEFINED 0103 14186 PRICE T ROWE ASSOC COM 741477103 3940 80000 SH DEFINED 011614 80000 PRIMADONNA COM 741548101 7375 500000 SH DEFINED 0124 500000 PRIMADONNA COM 741548101 21388 1450000 SH DEFINED 011516 1450000 PRIMADONNA COM 741548101 6484 439500 SH DEFINED 0102 439500 PRIMADONNA COM 741548101 209 14200 SH DEFINED 0103 14200 PRIMARK CORP COM 741903108 114 3792 SH DEFINED 0102 3792 PROCTER & GAMBLE COM 742718109 12085 145600 SH DEFINED 0130 145600 PROCTER & GAMBLE COM 742718109 124500 1500000 SH DEFINED 0126 1500000 PROCTER & GAMBLE COM 742718109 35690 430000 SH DEFINED 011618 430000 PROCTER & GAMBLE COM 742718109 206059 2482577 SH DEFINED 0102 2482577 PROCTER & GAMBLE COM 742718109 9060 109146 SH DEFINED 0103 109146 PROCTER & GAMBLE COM 742718109 2905 35000 SH DEFINED 01 35000 PRODUCTION OPERATORS COM 743080103 5940 180000 SH DEFINED 0128 180000 PROGRESSIVE CORP OH COM 743315103 7522 153900 SH DEFINED 0108 153900 PROGRESSIVE CORP OH COM 743315103 21994 450000 SH DEFINED 0126 450000 PROGRESSIVE CORP OH COM 743315103 9775 200000 SH DEFINED 011618 200000 PROGRESSIVE CORP OH COM 743315103 1955 40000 SH DEFINED 011619 40000 PROGRESSIVE CORP OH COM 743315103 36818 753200 SH DEFINED 0102 753200 PROGRESSIVE CORP OH COM 743315103 8157 166900 SH DEFINED 0131 166900 PROGRESSIVE CORP OH COM 743315103 1319 26975 SH DEFINED 0103 26975 PROGRESSIVE CORP OH COM 743315103 2028 41500 SH DEFINED 01 41500 PROMUS HOTEL CORP COM 74342H104 18913 850000 SH DEFINED 0126 850000 PROMUS HOTEL CORP COM 74342H104 14808 665500 SH DEFINED 0102 665500 PROMUS HOTEL CORP COM 74342H104 9828 441700 SH DEFINED 0131 441700 PROMUS HOTEL CORP COM 74342H104 1079 48500 SH DEFINED 0103 48500 PRUDENTIAL UTIL CL A COM 743911208 2 176 SH DEFINED 01 176 PROVIDIAN CORP COM 744061102 23431 575000 SH DEFINED 0113 575000 PROVIDIAN CORP COM 744061102 16300 400000 SH DEFINED 0131 400000 PROVIDIAN CORP COM 744061102 892 21899 SH DEFINED 0103 21899 PRU-REINS COM 74435W109 12543 536600 SH DEFINED 0130 536600 PRU-REINS COM 74435W109 7013 300000 SH DEFINED 011516 300000 PRU-REINS COM 74435W109 2104 90000 SH DEFINED 011619 90000 PRU-REINS COM 74435W109 4895 209400 SH DEFINED 011614 209400 PAGE 53 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE PRU-REINS COM 74435W109 2274 97290 SH DEFINED 0102 97290 PUBLIC SERV CO COLO COM 744448101 7818 221000 SH DEFINED 0132 221000 PUBLIC SERV CO COLO COM 744448101 11320 320000 SH DEFINED 0107 320000 PUB SERV ENTERPRISES COM 744573106 552 18011 SH DEFINED 0103 18011 PULLMAN CO SER B COM 74578K102 1548 182094 SH DEFINED 0104 182094 PULLMAN CO SER B COM 74578K102 2322 273141 SH DEFINED 0109 273141 PULTE CORP. COM 745867101 66 1976 SH DEFINED 0103 1976 PUTNAM HIGH YIELD COM 74678J104 2 207 SH DEFINED 01 207 PYXIS CORP COM 747251106 7313 500000 SH DEFINED 011516 500000 QANTAS AIRWAYS LIM COM 74726M109 4587 275500 SH DEFINED 0130 275500 QANTAS AIRWAYS LIM COM 74726M109 4162 250000 SH DEFINED 0135 250000 QUAKER OATS COM 747402105 17250 500000 SH DEFINED 011516 500000 QUAKER OATS COM 747402105 338 9795 SH DEFINED 0103 9795 QUALITY FOOD CENTERS COM 747565109 24640 1120000 SH DEFINED 011516 1120000 QUALITY SYSTEMS COM 747582104 5800 200000 SH DEFINED 011516 200000 QUEST MEDICAL INC COM 748346103 1556 150000 SH DEFINED 011619 150000 QUIKSILVER INC COM 74838C106 1812 53000 SH DEFINED 011619 53000 RFS HOTEL COM 74955J108 8149 530000 SH DEFINED 0107 530000 RFS HOTEL COM 74955J108 3290 214000 SH DEFINED 01 214000 RJR NABISCO COM 74960K876 30875 1000000 SH DEFINED 011516 1000000 ROC COMMUNITIES COM 749650107 6720 280000 SH DEFINED 011618 280000 RADISYS COM 750459109 1116 95000 SH DEFINED 011619 95000 RAINBOW TECHNOLOGIES COM 750862104 0 1 SH DEFINED 0103 1 RALSTON PURINA GP COM 751277302 481 7704 SH DEFINED 0103 7704 RAYCHEM COM 754603108 20769 365155 SH DEFINED 0102 365155 RAYCHEM COM 754603108 744 13075 SH DEFINED 0103 13075 RAYCHEM COM 754603108 8958 157500 SH DEFINED 01 157500 RAYONIER COM 754907103 5507 165000 SH DEFINED 0128 165000 RAYTHEON COM 755111101 23625 500000 SH DEFINED 0130 500000 RAYTHEON COM 755111101 66150 1400000 SH DEFINED 0126 1400000 RAYTHEON COM 755111101 33075 700000 SH DEFINED 0113 700000 RAYTHEON COM 755111101 917 19400 SH DEFINED 0125 19400 RAYTHEON COM 755111101 33075 700000 SH DEFINED 011618 700000 RAYTHEON COM 755111101 208 4400 SH DEFINED 0102 4400 RAYTHEON COM 755111101 24570 520000 SH DEFINED 0131 520000 RAYTHEON COM 755111101 2019 42734 SH DEFINED 0103 42734 RAYTHEON COM 755111101 5538 117200 SH DEFINED 01 117200 READERS DIGEST ASSN COM 755267101 102500 2000000 SH DEFINED 011516 2000000 RED LION COM 756701108 6563 375000 SH DEFINED 0106 375000 RED LION COM 756701108 1241 70900 SH DEFINED 011620 70900 RED LION COM 756701108 10365 592200 SH DEFINED 0102 592200 RED LION COM 756701108 3705 211700 SH DEFINED 0131 211700 RED LION COM 756701108 539 30800 SH DEFINED 0103 30800 RED LION COM 756701108 3798 217000 SH DEFINED 01 217000 REEBOK INTERNATIONAL COM 758110100 164 5788 SH DEFINED 0103 5788 REED INTL PLC -SP A COM 758212872 13838 450000 SH DEFINED 011516 450000 REGAL BELOIT COM 758750103 3915 180000 SH DEFINED 0128 180000 REGENCY HEALTH SVCS COM 758934103 14681 1450000 SH DEFINED 011516 1450000 RELIANCE GROUP HOLDI COM 759464100 4313 500000 SH DEFINED 011516 500000 RELIANCE GP HDS WRTS WARRANT 759464118 590 277791 SH DEFINED 0109 277791 PAGE 54 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE RENO AIR INC COM 759741101 1181 150000 SH DEFINED 011619 150000 RENONG 144A CONV BOND 759883AA9 6174 5500000 PRN DEFINED 0112 5500000 RENONG 144A CONV BOND 759883AA9 11225 10000000 PRN DEFINED 0135 10000000 RENONG 144A CONV BOND 759883AA9 6735 6000000 PRN DEFINED 011617 6000000 RENONG BER CVT PUT99 CONV BOND 759884XX2 5588 5000000 PRN DEFINED 0124 5000000 RENAISSANCE SOLUTION COM 759924103 5700 400000 SH DEFINED 0106 400000 RENAISSANCE SOLUTION COM 759924103 4988 350000 SH DEFINED 011516 350000 RENTERS CHOICE COM 760114108 426 31000 SH DEFINED 011619 31000 RENTERS CHOICE COM 760114108 1774 129000 SH DEFINED 011614 129000 REPSOL S.A. ADR COM 76026T205 26300 800000 SH DEFINED 0130 800000 REPSOL S.A. ADR COM 76026T205 32875 1000000 SH DEFINED 0113 1000000 REPSOL S.A. ADR COM 76026T205 6575 200000 SH DEFINED 0132 200000 REPSOL S.A. ADR COM 76026T205 16931 515000 SH DEFINED 0107 515000 REPSOL S.A. ADR COM 76026T205 13150 400000 SH DEFINED 011516 400000 REPSOL S.A. ADR COM 76026T205 24656 750000 SH DEFINED 0131 750000 REPSOL S.A. ADR COM 76026T205 921 28000 SH DEFINED 0103 28000 REPUBLIC ENG STEELS COM 760391102 5088 1100000 SH DEFINED 0124 1100000 REPUBLIC NY COM 760719104 21744 350000 SH DEFINED 0113 350000 REPUBLIC NY COM 760719104 258 4151 SH DEFINED 0103 4151 RETIREMENT CARE COM 76129C307 3038 300000 SH DEFINED 011516 300000 REUTERS HLDS PLC ADR COM 761324201 18743 340000 SH DEFINED 0126 340000 REUTERS HLDS PLC ADR COM 761324201 27563 500000 SH DEFINED 011516 500000 REUTERS HLDS PLC ADR COM 761324201 11 200 SH DEFINED 0102 200 REUTERS HLDS PLC ADR COM 761324201 4868 88300 SH DEFINED 0131 88300 REUTERS HLDS PLC ADR COM 761324201 281 5100 SH DEFINED 0103 5100 REUTERS HLDS PLC ADR COM 761324201 1378 25000 SH DEFINED 01 25000 REXALL SUNDOWN COM 761648104 2200 100000 SH DEFINED 011619 100000 REYNOLDS & REYNOLDS COM 761695105 86303 2220000 SH DEFINED 0126 2220000 REYNOLDS & REYNOLDS COM 761695105 31100 800000 SH DEFINED 011516 800000 REYNOLDS & REYNOLDS COM 761695105 16 400 SH DEFINED 0102 400 REYNOLDS & REYNOLDS COM 761695105 5003 128700 SH DEFINED 0131 128700 REYNOLDS & REYNOLDS COM 761695105 315 8100 SH DEFINED 0103 8100 REYNOLDS METALS COM 761763101 215 3800 SH DEFINED 0125 3800 REYNOLDS METALS COM 761763101 2349 41500 SH DEFINED 0102 41500 REYNOLDS METALS COM 761763101 16988 300000 SH DEFINED 0131 300000 REYNOLDS METALS COM 761763101 799 14119 SH DEFINED 0103 14119 REYNOLDS MET $47.25 CONV PFD STOCK 761763507 15188 300000 SH DEFINED 0113 300000 REYNOLDS MET $47.25 CONV PFD STOCK 761763507 40450 799000 SH DEFINED 01 799000 RHONE POULENC RORER COM 76242T104 73428 1378927 SH DEFINED 0103 1378927 RICHEY ELECTRS INC COM 763302106 1430 110000 SH DEFINED 011619 110000 RIDE SNOWBOARD CO COM 765689104 2499 76600 SH DEFINED 011619 76600 RIDE SNOWBOARD CO COM 765689104 10877 333400 SH DEFINED 011614 333400 RIGHT CHOICE COM 76657K101 172 13263 SH DEFINED 0103 13263 RISK CAPITAL RE COM 767711104 3506 150000 SH DEFINED 0108 150000 RISK CAPITAL RE COM 767711104 7013 300000 SH DEFINED 0106 300000 RISK CAPITAL RE COM 767711104 10007 428100 SH DEFINED 0111 428100 RISK CAPITAL RE COM 767711104 1758 75200 SH DEFINED 011622 75200 RISK CAPITAL RE COM 767711104 4035 172600 SH DEFINED 011623 172600 RISK CAPITAL RE COM 767711104 1870 80000 SH DEFINED 011619 80000 RISK CAPITAL RE COM 767711104 1038 44400 SH DEFINED 011620 44400 PAGE 55 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE RISK CAPITAL RE COM 767711104 7718 330200 SH DEFINED 011614 330200 RITE AID COM 767754104 6850 200000 SH DEFINED 0128 200000 RITE AID COM 767754104 1209 35300 SH DEFINED 0125 35300 RITE AID COM 767754104 10104 295000 SH DEFINED 0107 295000 RITE AID COM 767754104 20550 600000 SH DEFINED 011516 600000 RITE AID COM 767754104 2226 65000 SH DEFINED 011619 65000 RITE AID COM 767754104 2329 68000 SH DEFINED 011620 68000 RITE AID COM 767754104 9419 275000 SH DEFINED 011614 275000 RITE AID COM 767754104 987 28781 SH DEFINED 0102 28781 RITE AID COM 767754104 19694 575000 SH DEFINED 0131 575000 RITE AID COM 767754104 1198 34997 SH DEFINED 0103 34997 RIVERWOOD INTL COM 769507104 4822 252152 SH DEFINED 0103 252152 ROADWAY SERVICES COM 769748104 142 2915 SH DEFINED 0103 2915 ROANOKE GAS CO COM 769858101 17 1103 SH DEFINED 0102 1103 ROBERT HALF INTL INC COM 770323103 17931 428200 SH DEFINED 0102 428200 ROBERT HALF INTL INC COM 770323103 10410 248600 SH DEFINED 0131 248600 ROBERT HALF INTL INC COM 770323103 954 22800 SH DEFINED 0103 22800 *ROCHE HOLDINGS INC COM 771195104 0 1 SH DEFINED 01 1 ROCHE HLDS PUT99144A CONV BOND 771196AC6 13238 30000000 PRN DEFINED 0130 30000000 ROCHE HLDS PUT99144A CONV BOND 771196AC6 13238 30000000 PRN DEFINED 011618 30000000 ROCKWELL INT CORP COM 774347108 31725 600000 SH DEFINED 0113 600000 ROCKWELL INT CORP COM 774347108 11633 220000 SH DEFINED 0107 220000 ROCKWELL INT CORP COM 774347108 85 1600 SH DEFINED 0102 1600 ROCKWELL INT CORP COM 774347108 22472 425000 SH DEFINED 0131 425000 ROCKWELL INT CORP COM 774347108 1808 34201 SH DEFINED 0103 34201 ROGERS COM LY PUT/98 CONV BOND 775109AD3 18125 50000000 PRN DEFINED 0130 50000000 ROGERS COM LY PUT/98 CONV BOND 775109AD3 2175 6000000 PRN DEFINED 0104 6000000 ROGERS COM LY PUT/98 CONV BOND 775109AD3 23563 65000000 PRN DEFINED 011516 65000000 ROHM & HAAS CO COM 775371107 22531 350000 SH DEFINED 0113 350000 ROHM & HAAS CO COM 775371107 32188 500000 SH DEFINED 0124 500000 ROHM & HAAS CO COM 775371107 316 4901 SH DEFINED 0103 4901 ROHR INDUSTRIES INC COM 775422108 654 45500 SH DEFINED 011516 45500 ROMAC COM 775835101 3995 170000 SH DEFINED 011516 170000 ROOSEVELT FINANCIAL COM 776493108 7266 375000 SH DEFINED 0106 375000 ROOSEVELT FINANCIAL COM 776493108 4263 220000 SH DEFINED 01 220000 ROWAN COMPANIES INC COM 779382100 1817 184000 SH DEFINED 011619 184000 ROWAN COMPANIES INC COM 779382100 8177 828000 SH DEFINED 011614 828000 ROWAN COMPANIES INC COM 779382100 60 6102 SH DEFINED 0103 6102 PRICE ROWE INT'L FD COM 77956H203 4 300 SH DEFINED 01 300 ROYAL DUTCH PETE NEW COM 780257705 27378 194000 SH DEFINED 0130 194000 ROYAL DUTCH PETE NEW COM 780257705 9173 65000 SH DEFINED 0108 65000 ROYAL DUTCH PETE NEW COM 780257705 141125 1000000 SH DEFINED 0126 1000000 ROYAL DUTCH PETE NEW COM 780257705 31753 225000 SH DEFINED 0113 225000 ROYAL DUTCH PETE NEW COM 780257705 35281 250000 SH DEFINED 0111 250000 ROYAL DUTCH PETE NEW COM 780257705 5645 40000 SH DEFINED 0132 40000 ROYAL DUTCH PETE NEW COM 780257705 12066 85500 SH DEFINED 0125 85500 ROYAL DUTCH PETE NEW COM 780257705 19758 140000 SH DEFINED 0107 140000 ROYAL DUTCH PETE NEW COM 780257705 5970 42300 SH DEFINED 011622 42300 ROYAL DUTCH PETE NEW COM 780257705 13266 94000 SH DEFINED 011623 94000 ROYAL DUTCH PETE NEW COM 780257705 17641 125000 SH DEFINED 011516 125000 PAGE 56 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ROYAL DUTCH PETE NEW COM 780257705 35281 250000 SH DEFINED 011618 250000 ROYAL DUTCH PETE NEW COM 780257705 1694 12000 SH DEFINED 011620 12000 ROYAL DUTCH PETE NEW COM 780257705 113008 800773 SH DEFINED 0102 800773 ROYAL DUTCH PETE NEW COM 780257705 24697 175000 SH DEFINED 0131 175000 ROYAL DUTCH PETE NEW COM 780257705 12930 91629 SH DEFINED 0103 91629 ROYAL DUTCH PETE NEW COM 780257705 18134 128500 SH DEFINED 01 128500 KPN COM 780641205 29000 800000 SH DEFINED 0113 800000 KPN COM 780641205 20844 575000 SH DEFINED 0131 575000 KPN COM 780641205 761 21000 SH DEFINED 0103 21000 RUBBERMAID COM 781088109 20400 800000 SH DEFINED 011516 800000 RUBBERMAID COM 781088109 293 11480 SH DEFINED 0103 11480 RUSSELL CORP COM 782352108 79 2836 SH DEFINED 0103 2836 RYANS FAMILY STEAK COM 783519101 27 3800 SH DEFINED 0125 3800 RYANS FAMILY STEAK COM 783519101 3 400 SH DEFINED 0102 400 RYANS FAMILY STEAK COM 783519101 28 3937 SH DEFINED 0103 3937 RYDER SYSTEM COM 783549108 142 5752 SH DEFINED 0103 5752 SALOMON SA INT'L COM 783767999 2561 4400 SH DEFINED 0135 4400 SBC COMMUNICATIONS COM 78387G103 28750 500000 SH DEFINED 0130 500000 SBC COMMUNICATIONS COM 78387G103 37375 650000 SH DEFINED 0126 650000 SBC COMMUNICATIONS COM 78387G103 18688 325000 SH DEFINED 0132 325000 SBC COMMUNICATIONS COM 78387G103 897 15600 SH DEFINED 0125 15600 SBC COMMUNICATIONS COM 78387G103 15525 270000 SH DEFINED 0107 270000 SBC COMMUNICATIONS COM 78387G103 5750 100000 SH DEFINED 011618 100000 SBC COMMUNICATIONS COM 78387G103 805 14000 SH DEFINED 011620 14000 SBC COMMUNICATIONS COM 78387G103 501 8700 SH DEFINED 0102 8700 SBC COMMUNICATIONS COM 78387G103 3404 59204 SH DEFINED 0103 59204 SCE CORP COM 783882103 19525 1100000 SH DEFINED 0113 1100000 SCE CORP COM 783882103 7100 400000 SH DEFINED 0132 400000 SCE CORP COM 783882103 1626 91600 SH DEFINED 0125 91600 SCE CORP COM 783882103 14200 800000 SH DEFINED 011618 800000 SCE CORP COM 783882103 470 26500 SH DEFINED 0102 26500 SCE CORP COM 783882103 15088 850000 SH DEFINED 0131 850000 SCE CORP COM 783882103 1701 95837 SH DEFINED 0103 95837 SERVICE CORP $50 CONV PFD STOCK 783888209 14060 190000 SH DEFINED 0107 190000 SEI CORPORATION COM 784117103 1631 75000 SH DEFINED 011619 75000 SGS-THOMSON MICROELE COM 784213100 8050 200000 SH DEFINED 0108 200000 SGS-THOMSON MICROELE COM 784213100 6038 150000 SH DEFINED 0135 150000 SGS-THOMSON MICROELE COM 784213100 1006 25000 SH DEFINED 011620 25000 SGS-THOMSON MICROELE COM 784213100 6641 165000 SH DEFINED 011614 165000 SGS-THOMSON MICROELE COM 784213100 42476 1055400 SH DEFINED 0102 1055400 SGS-THOMSON MICROELE COM 784213100 235 5850 SH DEFINED 0103 5850 SGS-THOMSON MICROELE COM 784213100 15360 381600 SH DEFINED 01 381600 SAFECO CORP COM 786429100 320 9280 SH DEFINED 0103 9280 SAFETY-KLEEN COM 786484105 67 4302 SH DEFINED 0103 4302 SAFEWAY INC* COM 786514208 7725 150000 SH DEFINED 0108 150000 SAFEWAY INC* COM 786514208 28166 546934 SH DEFINED 0102 546934 SAFEWAY INC* COM 786514208 1082 21000 SH DEFINED 01 21000 ST JOHN KNITS INC COM 790289102 10625 200000 SH DEFINED 0111 200000 ST JUDE MEDICAL COM 790849103 217 5043 SH DEFINED 0103 5043 ST PAUL COMPANIES COM 792860108 29203 525000 SH DEFINED 0113 525000 PAGE 57 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE ST PAUL COMPANIES COM 792860108 22250 400000 SH DEFINED 0131 400000 ST PAUL COMPANIES COM 792860108 3982 71606 SH DEFINED 0103 71606 SALOMON INC. COM 79549B107 8875 250000 SH DEFINED 0108 250000 SALOMON INC. COM 79549B107 331 9324 SH DEFINED 0103 9324 SALOMON ELK 2 3019 CONV PFD STOCK 79549B412 9089 199200 SH DEFINED 011618 199200 SBH-HEWLETT ELK76 37 CONV PFD STOCK 79549B446 10075 100000 SH DEFINED 011618 100000 SAN DIEGO G&E $25 PREFERRED STOCK 797440831 1607 59500 SH DEFINED 0105 59500 SANOFI ORD COM 800901993 0 1 SH DEFINED 01 1 SANMINA CORP COM 800907107 2594 50000 SH DEFINED 011619 50000 SANMINA CORP COM 800907107 9338 180000 SH DEFINED 011614 180000 SANMINA CORP 144A CONV BOND 800908AA3 10625 10000000 PRN DEFINED 0106 10000000 SANIFILL INC COM 801018102 10013 300000 SH DEFINED 0111 300000 SANIFILL INC COM 801018102 3004 90000 SH DEFINED 011622 90000 SANIFILL INC COM 801018102 6675 200000 SH DEFINED 011623 200000 SANIFILL INC COM 801018102 1906 57100 SH DEFINED 011619 57100 SANIFILL INC COM 801018102 8664 259600 SH DEFINED 011614 259600 SANIFILL INC COM 801018102 29315 878400 SH DEFINED 0102 878400 SANIFILL INC COM 801018102 4823 144500 SH DEFINED 0131 144500 SANIFILL INC COM 801018102 1198 35900 SH DEFINED 0103 35900 SANO CORP COM 80105E105 1150 100000 SH DEFINED 011619 100000 SANTA FE ENERGY RES COM 802012104 66 6826 SH DEFINED 0103 6826 SANTA FE PAC GOLD CO COM 802176107 15156 1250000 SH DEFINED 0130 1250000 SANTA FE PAC GOLD CO COM 802176107 909 75000 SH DEFINED 0127 75000 SANTA FE PAC GOLD CO COM 802176107 118 9717 SH DEFINED 0103 9717 SANTA ISABEL 144A COM 802233106 4800 200000 SH DEFINED 0135 200000 SARA LEE CORP COM 803111103 861 27000 SH DEFINED 011620 27000 SARA LEE CORP COM 803111103 1126 35316 SH DEFINED 0103 35316 SCANDINAVIAN BROAD CONV BOND 805906AA2 15338 15000000 PRN DEFINED 0130 15000000 SCANDINAVIAN BROAD CONV BOND 805906AA2 6135 6000000 PRN DEFINED 0104 6000000 SCANDINAVIAN BROAD CONV BOND 805906AA2 4090 4000000 PRN DEFINED 0109 4000000 SCANDINAVIAN BROAD CONV BOND 805906AA2 4601 4500000 PRN DEFINED 0135 4500000 SCANDINAVIAN BROAD CONV BOND 805906AA2 5113 5000000 PRN DEFINED 011621 5000000 HENRY SCHEIN INC COM 806407102 12538 425000 SH DEFINED 011516 425000 SCHERING PLOUGH COM 806605101 35588 650000 SH DEFINED 0130 650000 SCHERING PLOUGH COM 806605101 1511 27600 SH DEFINED 011620 27600 SCHERING PLOUGH COM 806605101 68689 1254560 SH DEFINED 0102 1254560 SCHERING PLOUGH COM 806605101 1479 27013 SH DEFINED 0103 27013 SCHLUMBERGER LTD COM 806857108 34625 500000 SH DEFINED 0130 500000 SCHLUMBERGER LTD COM 806857108 9695 140000 SH DEFINED 0108 140000 SCHLUMBERGER LTD COM 806857108 37395 540000 SH DEFINED 0126 540000 SCHLUMBERGER LTD COM 806857108 27700 400000 SH DEFINED 0111 400000 SCHLUMBERGER LTD COM 806857108 4917 71000 SH DEFINED 0125 71000 SCHLUMBERGER LTD COM 806857108 6925 100000 SH DEFINED 0135 100000 SCHLUMBERGER LTD COM 806857108 3463 50000 SH DEFINED 011622 50000 SCHLUMBERGER LTD COM 806857108 6925 100000 SH DEFINED 011623 100000 SCHLUMBERGER LTD COM 806857108 7618 110000 SH DEFINED 011614 110000 SCHLUMBERGER LTD COM 806857108 9675 139709 SH DEFINED 0102 139709 SCHLUMBERGER LTD COM 806857108 3301 47662 SH DEFINED 0103 47662 SCHLUMBERGER LTD COM 806857108 1731 25000 SH DEFINED 01 25000 SCHWEITZER MAUDUIT COM 808541106 490 21217 SH DEFINED 0102 21217 PAGE 58 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE SCHWEITZER MAUDUIT COM 808541106 21 920 SH DEFINED 0103 920 SCHWEITZER MAUDUIT COM 808541106 296 12820 SH DEFINED 01 12820 SCIENTIFIC ATLANTA COM 808655104 18000 1200000 SH DEFINED 0124 1200000 SCIENTIFIC ATLANTA COM 808655104 9750 650000 SH DEFINED 011618 650000 SCIENTIFIC ATLANTA COM 808655104 87 5768 SH DEFINED 0103 5768 SEAGRAM LTD COM 811850106 34625 1000000 SH DEFINED 0126 1000000 SEAGRAM LTD COM 811850106 3688 106500 SH DEFINED 0125 106500 SEAGRAM LTD COM 811850106 20775 600000 SH DEFINED 011516 600000 SEAGRAM LTD COM 811850106 1247 36000 SH DEFINED 011620 36000 SEAGRAM LTD COM 811850106 7271 210000 SH DEFINED 011614 210000 SEAGRAM LTD COM 811850106 26214 757135 SH DEFINED 0102 757135 SEAGRAM LTD COM 811850106 2633 76028 SH DEFINED 0103 76028 SEALED AIR CORP COM 812115103 6328 225000 SH DEFINED 0106 225000 SEARS ROEBUCK & CO COM 812387108 7995 205000 SH DEFINED 0107 205000 SEARS ROEBUCK & CO COM 812387108 43799 1122930 SH DEFINED 0102 1122930 SEARS ROEBUCK & CO COM 812387108 1110 28455 SH DEFINED 0103 28455 SEARS ROEBUCK & CO COM 812387108 4902 125685 SH DEFINED 01 125685 SEATRAIN LINES COM 812557205 19 621353 SH DEFINED 0102 621353 2ND GLASTONBURY PROP COM 813200995 0 99 SH DEFINED 0102 99 SECURITY CAPITAL IND COM 814138103 3500 200000 SH DEFINED 0132 200000 SECURITY PACIFIC TRT CONV PFD STOCK 814141206 3344 136500 SH DEFINED 0104 136500 SECURITY PACIFIC TRT CONV PFD STOCK 814141206 1801 73500 SH DEFINED 011621 73500 SENSORMATIC ELECT COM 817265101 26063 1500000 SH DEFINED 011516 1500000 SEQUES PHARMACEUTICA COM 817471105 1332 93500 SH DEFINED 011619 93500 SEQUES PHARMACEUTICA COM 817471105 7838 550000 SH DEFINED 011614 550000 SERVICE CORP INTL COM 817565104 17600 400000 SH DEFINED 0130 400000 SERVICE CORP INTL COM 817565104 17600 400000 SH DEFINED 0111 400000 SERVICE CORP INTL COM 817565104 4752 108000 SH DEFINED 0125 108000 SERVICE CORP INTL COM 817565104 8800 200000 SH DEFINED 011618 200000 SERVICE CORP INTL COM 817565104 1980 45000 SH DEFINED 011620 45000 SERVICE CORP INTL COM 817565104 4865 110600 SH DEFINED 0102 110600 SERVICE CORP INTL COM 817565104 8804 200100 SH DEFINED 0131 200100 SERVICE CORP INTL COM 817565104 3046 69219 SH DEFINED 0103 69219 SHARED MED SYSTEMS COM 819486101 92 1696 SH DEFINED 0103 1696 SHERWIN WILLIAMS COM 824348106 13244 325000 SH DEFINED 0108 325000 SHERWIN WILLIAMS COM 824348106 55657 1365735 SH DEFINED 0102 1365735 SHERWIN WILLIAMS COM 824348106 256 6294 SH DEFINED 0103 6294 SHERWIN WILLIAMS COM 824348106 285 7000 SH DEFINED 01 7000 SHIVA CORP COM 824851109 7275 100000 SH DEFINED 0106 100000 SHIVA CORP COM 824851109 6431 88400 SH DEFINED 0102 88400 SHIVA CORP COM 824851109 124 1700 SH DEFINED 0103 1700 SHOPKO STORES COM 824911101 10125 900000 SH DEFINED 0113 900000 SHONEYS INC COM 825039100 31 2988 SH DEFINED 0103 2988 SHOREWOOD PACKAGING COM 825229107 926 65000 SH DEFINED 0128 65000 SHOREWOOD PACKAGING COM 825229107 249 17500 SH DEFINED 011620 17500 SHURGARD STORAGE CTR COM 82567D104 4860 180000 SH DEFINED 011618 180000 SIEBE ADR COM 826166209 516 20915 SH DEFINED 01 20915 SIERRA PACIFIC RES COM 826425100 3506 150000 SH DEFINED 0128 150000 SIGMA-ALDRICH COM 826552101 183 3703 SH DEFINED 0103 3703 SIGNET BANKING CORP COM 826681108 29 1200 SH DEFINED 0102 1200 PAGE 59 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE SIL GR PT 11/98 144A CONV BOND 827056AB8 10500 20000000 PRN DEFINED 011618 20000000 SILICON GRAPHICS INC COM 827056102 16500 600000 SH DEFINED 0130 600000 SILICON GRAPHICS INC COM 827056102 13750 500000 SH DEFINED 0126 500000 SILICON GRAPHICS INC COM 827056102 5500 200000 SH DEFINED 0111 200000 SILICON GRAPHICS INC COM 827056102 1444 52500 SH DEFINED 0125 52500 SILICON GRAPHICS INC COM 827056102 71734 2608240 SH DEFINED 0102 2608240 SILICON GRAPHICS INC COM 827056102 4125 150000 SH DEFINED 0131 150000 SILICON GRAPHICS INC COM 827056102 1413 51354 SH DEFINED 0103 51354 SILICON GRAPHICS INC COM 827056102 770 28000 SH DEFINED 01 28000 SIMON PROP COM 828805101 12188 500000 SH DEFINED 0130 500000 SIMON PROP COM 828805101 14625 600000 SH DEFINED 0113 600000 SIMON PROP COM 828805101 2438 100000 SH DEFINED 0132 100000 SIMWARE INC COM 829219104 3438 550000 SH DEFINED 011516 550000 SINCLAIR BROADCASTIN COM 829226109 543 31500 SH DEFINED 011620 31500 SINGER CO COM 82930F109 16725 600000 SH DEFINED 011618 600000 SMITH INTL COM 832110100 7638 325000 SH DEFINED 0106 325000 SMITHKLN BCHM EQ UNT COM 832378400 33300 600000 SH DEFINED 0130 600000 SMITHKLN BCHM EQ UNT COM 832378400 12210 220000 SH DEFINED 0108 220000 SMITHKLN BCHM EQ UNT COM 832378400 61050 1100000 SH DEFINED 0126 1100000 SMITHKLN BCHM EQ UNT COM 832378400 19425 350000 SH DEFINED 0113 350000 SMITHKLN BCHM EQ UNT COM 832378400 8325 150000 SH DEFINED 0135 150000 SMITHKLN BCHM EQ UNT COM 832378400 14985 270000 SH DEFINED 0107 270000 SMITHKLN BCHM EQ UNT COM 832378400 12210 220000 SH DEFINED 011618 220000 SMITHKLN BCHM EQ UNT COM 832378400 168 3000 SH DEFINED 0102 3000 SMITHKLN BCHM EQ UNT COM 832378400 24975 450000 SH DEFINED 0131 450000 SMITHKLN BCHM EQ UNT COM 832378400 882 15900 SH DEFINED 0103 15900 SMITHKLN BCHM EQ UNT COM 832378400 6660 120000 SH DEFINED 01 120000 SNAP ON INC COM 833034101 1810 40000 SH DEFINED 011619 40000 SNAP ON INC COM 833034101 1448 32000 SH DEFINED 011620 32000 SNAP ON INC COM 833034101 7919 175000 SH DEFINED 011614 175000 SNAP ON INC COM 833034101 133 2945 SH DEFINED 0103 2945 SNYDER OIL CORP $25 CONV PFD STOCK 833482409 3101 157000 SH DEFINED 01 157000 SOFTKEY 144A CONV BOND 83402NAA7 8550 11250000 PRN DEFINED 0104 11250000 SOFTKEY 144A CONV BOND 83402NAA7 1520 2000000 PRN DEFINED 0109 2000000 SOFTKEY 144A CONV BOND 83402NAA7 3610 4750000 PRN DEFINED 011621 4750000 SOFTKEY 144A CONV BOND 83402NAA7 6080 8000000 PRN DEFINED 011618 8000000 SOFTKEY INTL INC COM 83402N109 13875 600000 SH DEFINED 0111 600000 SOFTKEY INTL INC COM 83402N109 2775 120000 SH DEFINED 011622 120000 SOFTKEY INTL INC COM 83402N109 3238 140000 SH DEFINED 011623 140000 SOFTKEY INTL INC COM 83402N109 740 32000 SH DEFINED 011620 32000 SOFTKEY INTL INC COM 83402N109 105 4500 SH DEFINED 0102 4500 SOFTBRIDGE MICRO SYS COM 834020992 135 13500 SH DEFINED 01 13500 SOLA INTL COM 834092108 5050 200000 SH DEFINED 0111 200000 SOLA INTL COM 834092108 758 30000 SH DEFINED 011622 30000 SOLA INTL COM 834092108 1768 70000 SH DEFINED 011623 70000 SOLA INTL COM 834092108 8133 322100 SH DEFINED 0102 322100 SOLA INTL COM 834092108 237 9400 SH DEFINED 0103 9400 SOLECTRON CORP COM 834182107 9928 225000 SH DEFINED 0108 225000 SOLECTRON CORP COM 834182107 5516 125000 SH DEFINED 0128 125000 SOLECTRON CORP COM 834182107 22063 500000 SH DEFINED 0111 500000 PAGE 60 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE SOLECTRON CORP COM 834182107 3530 80000 SH DEFINED 011622 80000 SOLECTRON CORP COM 834182107 7060 160000 SH DEFINED 011623 160000 SOLECTRON CORP COM 834182107 933 21166 SH DEFINED 0102 21166 SONAT INC COM 835415100 226 6335 SH DEFINED 0103 6335 SONOCO PRODUCTS $50 CONV PFD STOCK 835495201 6855 120000 SH DEFINED 0107 120000 SONY CORP ADRS COM 835699307 55851 910000 SH DEFINED 011516 910000 SOUTH WEST PRPRTY TR COM 840649107 3780 280000 SH DEFINED 0107 280000 SOUTHDOWN WARRANTS WARRANT 841297997 225 50000 SH DEFINED 0109 50000 SOUTHDOWN WARRANTS WARRANT 841297997 135 30000 SH DEFINED 011621 30000 SO CA EDISON $100 PREFERRED STOCK 842400772 1974 20000 SH DEFINED 0105 20000 SO CA EDISON $100 PREFERRED STOCK 842400780 20218 197250 SH DEFINED 0105 197250 SO CA EDISON $100 PREFERRED STOCK 842400780 4971 48500 SH DEFINED 01 48500 SO CA EDISON $100 PREFERRED STOCK 842400780 2050 20000 SH DEFINED 01 20000 SO CA EDISON $100 PREFERRED STOCK 842400780 513 5000 SH DEFINED 0116 5000 SOUTHERN CO. COM 842587107 13051 530000 SH DEFINED 0107 530000 SOUTHERN CO. COM 842587107 7388 300000 SH DEFINED 011618 300000 SOUTHERN CO. COM 842587107 1228 49857 SH DEFINED 0103 49857 SO INDIANA G&E 100 PREFERRED STOCK 8431634@2 7296 75000 SH DEFINED 0105 75000 SOUTHERN NATIONAL CO COM 843444100 971 37000 SH DEFINED 0128 37000 SOUTHERN NATIONAL CO COM 843444100 2037 77600 SH DEFINED 0131 77600 SOUTHERN NATIONAL CO COM 843444100 79 3000 SH DEFINED 0103 3000 SOUTHERN NEW ENG TEL COM 843485103 8507 214000 SH DEFINED 0132 214000 SOUTHWEST AIRLINES COM 844741108 17438 750000 SH DEFINED 0124 750000 SOUTHWEST AIRLINES COM 844741108 246 10580 SH DEFINED 0103 10580 SPECIALTY FOODS ACQ COM 847498102 300 300000 SH DEFINED 0109 300000 SPECIALTY FOODS ACQ COM 847498102 15 15000 SH DEFINED 011621 15000 SPIEGEL INC -CL A COM 848457107 9281 1350000 SH DEFINED 011516 1350000 SPRINGS INDS INC COM 851783100 61 1465 SH DEFINED 0103 1465 SPRINT CORP COM 852061100 9969 250000 SH DEFINED 0124 250000 SPRINT CORP COM 852061100 1023 25647 SH DEFINED 0103 25647 STABLE CAPITAL FUND COM 852300987 1002590 85479623 SH DEFINED 0103 85479623 STANDARD FEDERAL BAN COM 853386100 7875 200000 SH DEFINED 0108 200000 STANDARD FEDERAL BAN COM 853386100 5906 150000 SH DEFINED 0128 150000 STANLEY WORKS THE COM 854616109 23175 450000 SH DEFINED 0113 450000 STANLEY WORKS THE COM 854616109 164 3190 SH DEFINED 0103 3190 STAR TECHNOLOGIES COM 855193108 2 7000 SH DEFINED 0102 7000 STARBUCKS COM 855244109 7120 339000 SH DEFINED 0102 339000 STARBUCKS COM 855244109 7161 341000 SH DEFINED 0131 341000 STARBUCKS COM 855244109 621 29600 SH DEFINED 0103 29600 STATE STREET BOSTON COM 857473102 31500 700000 SH DEFINED 0130 700000 STATE STREET BOSTON COM 857473102 36000 800000 SH DEFINED 0126 800000 STATE STREET BOSTON COM 857473102 45000 1000000 SH DEFINED 011516 1000000 STATION CASINO COM 857689103 3656 250000 SH DEFINED 0128 250000 STATION CASINO COM 857689103 10969 750000 SH DEFINED 011516 750000 STATION CASINO COM 857689103 1755 120000 SH DEFINED 011619 120000 STATION CASINO COM 857689103 7313 500000 SH DEFINED 011614 500000 STEINROE PRIME EQ FD COM 857908107 137 8476 SH DEFINED 0102 8476 STEINROE SPECIAL FD COM 857908701 219 9239 SH DEFINED 0102 9239 STERIS CORP COM 859152100 16125 500000 SH DEFINED 011516 500000 STERLING ELECTRONICS COM 859281107 5566 325000 SH DEFINED 0106 325000 PAGE 61 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE STERLING SOFTWARE IN COM 859547101 12475 200000 SH DEFINED 0130 200000 STERLING SOFTWARE IN COM 859547101 18713 300000 SH DEFINED 0106 300000 STERLING SOFTWARE IN COM 859547101 15413 247100 SH DEFINED 011516 247100 STERLING SOFTWARE IN COM 859547101 1684 27000 SH DEFINED 011620 27000 STERLING SOFTWARE IN COM 859547101 12475 200000 SH DEFINED 011614 200000 STERLING SOFTWARE IN COM 859547101 10424 167137 SH DEFINED 0102 167137 STERLING SOFTWARE IN COM 859547101 312 5000 SH DEFINED 0103 5000 STEWART & STEVENSON COM 860342104 278 11000 SH DEFINED 01 11000 STEWART ENTERPRISES COM 860370105 1906 51500 SH DEFINED 011620 51500 STEWART ENTERPRISES COM 860370105 22 600 SH DEFINED 0102 600 STEWART ENTERPRISES COM 860370105 5180 140000 SH DEFINED 0131 140000 STEWART ENTERPRISES COM 860370105 296 8000 SH DEFINED 0103 8000 STILLWATER MINING COM 860490994 3281 170454 SH DEFINED 0127 170454 STILLWATER MINING CO COM 86074Q102 9625 500000 SH DEFINED 0130 500000 STILLWATER MINING CO COM 86074Q102 7219 375000 SH DEFINED 0106 375000 STILLWATER MINING CO COM 86074Q102 2637 137000 SH DEFINED 0135 137000 STILLWATER MINING CO COM 86074Q102 3946 205000 SH DEFINED 01 205000 STILLWATER MINING COM 86074Q904 8663 450000 SH DEFINED 0135 450000 STONE CONTAINER COM 861589109 35938 2500000 SH DEFINED 011516 2500000 STONE CONTAINER COM 861589109 56 3900 SH DEFINED 0102 3900 STONE CONTAINER COM 861589109 211 14674 SH DEFINED 0103 14674 STORAGE USA COM 861907103 6525 200000 SH DEFINED 0130 200000 STORAGE USA COM 861907103 8156 250000 SH DEFINED 0124 250000 STORAGE USA COM 861907103 5057 155000 SH DEFINED 0107 155000 STORAGE USA COM 861907103 4894 150000 SH DEFINED 011618 150000 STORAGE TRUST REALTY COM 861909109 3981 175000 SH DEFINED 0107 175000 STOREMEDIA COM 862221108 6388 175000 SH DEFINED 0106 175000 STRATACOM INC COM 862683109 6983 95000 SH DEFINED 0108 95000 STRATACOM INC COM 862683109 25725 350000 SH DEFINED 0126 350000 STRATACOM INC COM 862683109 11025 150000 SH DEFINED 0106 150000 STRATACOM INC COM 862683109 22050 300000 SH DEFINED 0111 300000 STRATACOM INC COM 862683109 2940 40000 SH DEFINED 011622 40000 STRATACOM INC COM 862683109 6615 90000 SH DEFINED 011623 90000 STRATACOM INC COM 862683109 2352 32000 SH DEFINED 011619 32000 STRATACOM INC COM 862683109 10290 140000 SH DEFINED 011614 140000 STRATACOM INC COM 862683109 25072 341100 SH DEFINED 0102 341100 STRATACOM INC COM 862683109 10562 143700 SH DEFINED 0131 143700 STRATACOM INC COM 862683109 1007 13700 SH DEFINED 0103 13700 STRATUS COMPUTER COM 863155107 866 25000 SH DEFINED 01 25000 STRIDE RITE CORP COM 863314100 27 3636 SH DEFINED 0103 3636 STRYKER CORP COM 863667101 21000 400000 SH DEFINED 0111 400000 STRYKER CORP COM 863667101 3150 60000 SH DEFINED 011622 60000 STRYKER CORP COM 863667101 6300 120000 SH DEFINED 011623 120000 STRYKER CORP COM 863667101 20475 390000 SH DEFINED 011516 390000 STRYKER CORP COM 863667101 1838 35000 SH DEFINED 011619 35000 STRYKER CORP COM 863667101 7613 145000 SH DEFINED 011614 145000 STRYKER CORP COM 863667101 159 3000 SH DEFINED 0102 3000 SUMMIT PROPERTIES COM 866239106 3975 200000 SH DEFINED 0132 200000 SUMMIT PROPERTIES COM 866239106 3975 200000 SH DEFINED 011618 200000 SUN COMMUNITIES INC COM 866674104 4748 180000 SH DEFINED 0128 180000 PAGE 62 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE SUN COMMUNITIES INC COM 866674104 3297 125000 SH DEFINED 0107 125000 SUN COM 866762107 150 5490 SH DEFINED 0103 5490 SUN MICROSYSTEMS INC COM 866810104 654 14328 SH DEFINED 0103 14328 SUNBEAM-OSTER INC COM 867071102 601 39431 SH DEFINED 0103 39431 SUNDSTRAND CORP COM 867323107 2956 42000 SH DEFINED 01 42000 SUNGLASS HUT COM 86736F106 2375 100000 SH DEFINED 0111 100000 SUNGARD DATA COM 867363103 1710 60000 SH DEFINED 011619 60000 SUNGARD DATA COM 867363103 7410 260000 SH DEFINED 011614 260000 SUNRISE MEDICAL COM 867910101 4654 251559 SH DEFINED 0103 251559 SUNTRUST BANKS INC COM 867914103 576 8405 SH DEFINED 0103 8405 SUPERIOR IND INTL COM 868168105 6594 250000 SH DEFINED 0106 250000 SUPERVALU INC COM 868536103 157 4984 SH DEFINED 0103 4984 SYBASE SOFTWARE COM 871130100 32789 910775 SH DEFINED 0102 910775 SYBASE SOFTWARE COM 871130100 9478 263285 SH DEFINED 01 263285 SYBRON CORP COM 87114F106 22047 928200 SH DEFINED 0102 928200 SYBRON CORP COM 87114F106 3321 139816 SH DEFINED 0103 139816 SYMANTEC CORP COM 871503108 347 14906 SH DEFINED 0102 14906 SYMANTEC CORP COM 871503108 4101 176400 SH DEFINED 0131 176400 SYMANTEC CORP COM 871503108 253 10900 SH DEFINED 0103 10900 SYMBOL TECHNOLOGIES COM 871508107 9875 250000 SH DEFINED 0106 250000 SYNAPTIC PHARM COM 87156R109 1325 100000 SH DEFINED 011614 100000 SYNOPSYS INC COM 871607107 9500 250000 SH DEFINED 0106 250000 SYNOPSYS INC COM 871607107 1900 50000 SH DEFINED 011619 50000 SYNOPSYS INC COM 871607107 7600 200000 SH DEFINED 011614 200000 SYNOPSYS INC COM 871607107 14823 390100 SH DEFINED 0102 390100 SYNOPSYS INC COM 871607107 10051 264500 SH DEFINED 0131 264500 SYNOPSYS INC COM 871607107 1003 26400 SH DEFINED 0103 26400 SYNOPTICS COMM 144A CONV BOND 871609AA1 21700 20000000 PRN DEFINED 0130 20000000 SYSCO CORPORATION COM 871829107 6500 200000 SH DEFINED 0108 200000 SYSCO CORPORATION COM 871829107 434 13365 SH DEFINED 0103 13365 SYSTEM SOFTWARE ASSC COM 871839106 6525 300000 SH DEFINED 0106 300000 SYSTEM SOFTWARE ASSC COM 871839106 3231 148570 SH DEFINED 01 148570 SYSTEMED COM 871853107 8556 1850000 SH DEFINED 011516 1850000 TCF FINL CORP MPLS COM 872275102 5466 165000 SH DEFINED 0128 165000 TCSI CORP COM 87233R106 1480 80000 SH DEFINED 011619 80000 TECO ENERGY COM 872375100 10891 425000 SH DEFINED 0132 425000 TIG HOLDINGS COM 872469101 9975 350000 SH DEFINED 0108 350000 TIG HOLDINGS COM 872469101 28500 1000000 SH DEFINED 0124 1000000 TJX COS COM 872540109 25481 1350000 SH DEFINED 0113 1350000 TJX COS COM 872540109 6795 360000 SH DEFINED 0128 360000 TJX COS COM 872540109 2171 115000 SH DEFINED 011619 115000 TJX COS COM 872540109 9438 500000 SH DEFINED 011614 500000 TJX COS COM 872540109 611 32361 SH DEFINED 0103 32361 TRW COM 872649108 377 4865 SH DEFINED 0103 4865 TRW COM 872649108 4495 58000 SH DEFINED 01 58000 TSL HOLDINGS INC COM 872918107 0 15 SH DEFINED 0102 15 TSL HOLDINGS INC COM 872918107 0 2 SH DEFINED 0103 2 TAIWAN FUND COM 874036106 5740 280000 SH DEFINED 0112 280000 TAIWAN FUND COM 874036106 6617 322800 SH DEFINED 011617 322800 TANDEM COMPUTERS COM 875370108 88 8236 SH DEFINED 0103 8236 PAGE 63 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE TANDY CORP COM 875382103 200 4829 SH DEFINED 0103 4829 TARGET THERAPEUTICS COM 875919102 470 11000 SH DEFINED 011619 11000 TARGET THERAPEUTICS COM 875919102 2095 49000 SH DEFINED 011614 49000 TARGET THERAPEUTICS COM 875919102 26 600 SH DEFINED 0102 600 TARGET THERAPEUTICS COM 875919102 8721 204000 SH DEFINED 0131 204000 TARGET THERAPEUTICS COM 875919102 496 11600 SH DEFINED 0103 11600 TAUBMAN CENTERS INC COM 876664103 11000 1100000 SH DEFINED 0113 1100000 TECH DATA CORP COM 878237106 15000 1000000 SH DEFINED 0106 1000000 TECH DATA CORP COM 878237106 1575 105000 SH DEFINED 011619 105000 TECH DATA CORP COM 878237106 7200 480000 SH DEFINED 011614 480000 TECH DATA CORP COM 878237106 3413 227530 SH DEFINED 01 227530 TECH SOLUTIONS COM 87872T108 2194 112500 SH DEFINED 011516 112500 TECNOL MEDICAL PRODU COM 878755107 2160 120000 SH DEFINED 011619 120000 TECNOL MEDICAL PRODU COM 878755107 13 700 SH DEFINED 0102 700 TECNOL MEDICAL PRODU COM 878755107 4685 260300 SH DEFINED 0131 260300 TECNOL MEDICAL PRODU COM 878755107 266 14800 SH DEFINED 0103 14800 TEKTRONIX COM 879131100 119 2426 SH DEFINED 0103 2426 TELE-COMMUNICATION A COM 87924V101 9938 500000 SH DEFINED 0130 500000 TELE-COMMUNICATION A COM 87924V101 9938 500000 SH DEFINED 0124 500000 TELE-COMMUNICATION A COM 87924V101 211 10600 SH DEFINED 0125 10600 TELE-COMMUNICATION A COM 87924V101 105338 5300000 SH DEFINED 011516 5300000 TELE-COMMUNICATION A COM 87924V101 1212 61000 SH DEFINED 011620 61000 TELE-COMMUNICATION A COM 87924V101 7950 400000 SH DEFINED 011614 400000 TELE-COMMUNICATION A COM 87924V101 26681 1342130 SH DEFINED 0102 1342130 TELE-COMMUNICATION A COM 87924V101 1184 59578 SH DEFINED 0103 59578 TELE-COMMUNICATION A COM 87924V101 1093 55000 SH DEFINED 01 55000 LIBERTY MEDIA CL A COM 87924V507 3359 125000 SH DEFINED 0130 125000 LIBERTY MEDIA CL A COM 87924V507 53750 2000000 SH DEFINED 011516 2000000 LIBERTY MEDIA CL A COM 87924V507 625 23250 SH DEFINED 011620 23250 LIBERTY MEDIA CL A COM 87924V507 1126 41887 SH DEFINED 0102 41887 LIBERTY MEDIA CL A COM 87924V507 7848 292000 SH DEFINED 0131 292000 LIBERTY MEDIA CL A COM 87924V507 486 18100 SH DEFINED 0103 18100 TELE DANMARK ADS COM 879242105 29006 1050000 SH DEFINED 0113 1050000 TELE DANMARK ADS COM 879242105 6768 245000 SH DEFINED 0132 245000 TELE DANMARK ADS COM 879242105 21824 790000 SH DEFINED 0107 790000 TELE DANMARK ADS COM 879242105 16575 600000 SH DEFINED 011618 600000 TELE DANMARK ADS COM 879242105 19338 700000 SH DEFINED 0131 700000 TELE DANMARK ADS COM 879242105 718 26000 SH DEFINED 0103 26000 TELE DANMARK ADS COM 879242105 14405 521435 SH DEFINED 01 521435 TELEBRAS ADR COM 879287100 6329 133600 SH DEFINED 0112 133600 TELEBRAS ADR COM 879287100 9655 203800 SH DEFINED 011617 203800 TELEDYNE COM 879335107 102 3985 SH DEFINED 0103 3985 TELEFLEX INC COM 879369106 9225 225000 SH DEFINED 0108 225000 TELEFONICA DE ESPANA COM 879382208 10469 250000 SH DEFINED 0124 250000 TELEFONICA DE ESPANA COM 879382208 8375 200000 SH DEFINED 0135 200000 TELEFONICA DE ESPANA COM 879382208 1319 31500 SH DEFINED 011620 31500 TELEFONOS DE MEXICO COM 879403780 7523 236000 SH DEFINED 01 236000 TELEWEST COM 87956P105 3016 125000 SH DEFINED 0124 125000 TELLABS COM 879664100 37000 1000000 SH DEFINED 0126 1000000 TELLABS COM 879664100 44400 1200000 SH DEFINED 0111 1200000 PAGE 64 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE TELLABS COM 879664100 307 8300 SH DEFINED 0125 8300 TELLABS COM 879664100 5550 150000 SH DEFINED 011622 150000 TELLABS COM 879664100 11100 300000 SH DEFINED 011623 300000 TELLABS COM 879664100 29683 802200 SH DEFINED 0102 802200 TELLABS COM 879664100 13535 365800 SH DEFINED 0131 365800 TELLABS COM 879664100 1892 51149 SH DEFINED 0103 51149 TEMPEST REINS PRIVAT COM 8798009A0 10203 80000 SH DEFINED 0108 80000 TEMPEST REINS PRIVAT COM 8798009A0 3826 30000 SH DEFINED 0128 30000 TEMPEST REINS PRIVAT COM 8798009A0 10203 80000 SH DEFINED 0124 80000 TEMPEST REINS PRIVAT COM 8798009A0 9821 77000 SH DEFINED 0131 77000 TEMPEST REINS PRIVAT COM 8798009A0 383 3000 SH DEFINED 0103 3000 TEMPLE INLAND COM 879868107 180 4077 SH DEFINED 0103 4077 TENCOR INSTRUMENTS COM 880323100 8531 350000 SH DEFINED 0106 350000 TENET HEALTHCARE COR COM 88033G100 306 14771 SH DEFINED 0103 14771 TENNECO INC COM 880370101 31016 625000 SH DEFINED 0113 625000 TENNECO INC COM 880370101 184 3700 SH DEFINED 0125 3700 TENNECO INC COM 880370101 13151 265000 SH DEFINED 0107 265000 TENNECO INC COM 880370101 55 1100 SH DEFINED 0102 1100 TENNECO INC COM 880370101 23572 475000 SH DEFINED 0131 475000 TENNECO INC COM 880370101 1620 32633 SH DEFINED 0103 32633 TENNECO INC COM 880370101 8380 168864 SH DEFINED 01 168864 TENNECO SRS B $100 PREFERRED STOCK 880370721 5719 56904 SH DEFINED 0105 56904 TENNECO SRS B $100 PREFERRED STOCK 880370721 1160 11540 SH DEFINED 01 11540 TENNECO SRS B $100 PREFERRED STOCK 880370721 290 2886 SH DEFINED 01 2886 TERADYNE INC COM 880770102 25000 1000000 SH DEFINED 0126 1000000 TERADYNE INC COM 880770102 12524 500900 SH DEFINED 0102 500900 TERADYNE INC COM 880770102 260 10400 SH DEFINED 0103 10400 TETRA TECH INC COM 88162G103 1706 75000 SH DEFINED 011619 75000 TEVA PHARM INDS -AD COM 881624209 9275 200000 SH DEFINED 0111 200000 TEVA PHARM INDS -AD COM 881624209 1855 40000 SH DEFINED 011622 40000 TEVA PHARM INDS -AD COM 881624209 3710 80000 SH DEFINED 011623 80000 TEVA PHARM INDS -AD COM 881624209 1855 40000 SH DEFINED 011619 40000 TEVA PHARM INDS -AD COM 881624209 7884 170000 SH DEFINED 011614 170000 TEVA PHARM INDS -AD COM 881624209 928 20000 SH DEFINED 01 20000 TEXACO COM 881694103 15700 200000 SH DEFINED 011516 200000 TEXACO COM 881694103 1500 19111 SH DEFINED 0103 19111 TEXAS INSTRUMENTS COM 882508104 738 14268 SH DEFINED 0103 14268 TEXAS UTILITIES COM 882848104 655 15923 SH DEFINED 0103 15923 TEXAS UTILITIES PREFERRED STOCK 882850431 5427 54000 SH DEFINED 0105 54000 TEXTRON INC COM 883203101 27000 400000 SH DEFINED 0113 400000 TEXTRON INC COM 883203101 21938 325000 SH DEFINED 0131 325000 TEXTRON INC COM 883203101 1233 18272 SH DEFINED 0103 18272 THAMES WATER DIV SHR COM 883300980 548 62842 SH DEFINED 0113 62842 THAI-THEPAROS FOOD COM 883379992 1047 296300 SH DEFINED 0135 296300 THERMO ELECTRON CVT CONV BOND 883556AF9 1754 1600000 PRN DEFINED 011619 1600000 THERMO ELECTRON CVT CONV BOND 883556AF9 8222 7500000 PRN DEFINED 011614 7500000 THERMO-ELECTRON COM 883556102 9360 180000 SH DEFINED 011614 180000 THERMEDICS INC COM 883901100 10115 364600 SH DEFINED 0102 364600 THERMEDICS INC COM 883901100 325 11700 SH DEFINED 0103 11700 THOMAS & BETTS COM 884315102 14750 200000 SH DEFINED 0107 200000 PAGE 65 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE THOMAS & BETTS COM 884315102 20281 275000 SH DEFINED 0131 275000 THOMAS & BETTS COM 884315102 917 12442 SH DEFINED 0103 12442 3 COM CORP COM 885535104 46625 1000000 SH DEFINED 0126 1000000 3 COM CORP COM 885535104 3963 85000 SH DEFINED 011619 85000 3 COM CORP COM 885535104 17484 375000 SH DEFINED 011614 375000 3 COM CORP COM 885535104 204666 4389551 SH DEFINED 0102 4389551 3 COM CORP COM 885535104 22147 475000 SH DEFINED 0131 475000 3 COM CORP COM 885535104 4041 86650 SH DEFINED 0103 86650 3 COM CORP COM 885535104 8813 189000 SH DEFINED 01 189000 TIDEWATER INC COM 886423102 1890 60000 SH DEFINED 011619 60000 TIDEWATER INC COM 886423102 8348 265000 SH DEFINED 011614 265000 TIME WARNER INC CONV BOND 887315AH2 14508 41900000 PRN DEFINED 011618 41900000 TIME WARNER INC COM 887315109 20831 550000 SH DEFINED 0130 550000 TIME WARNER INC COM 887315109 8522 225000 SH DEFINED 0108 225000 TIME WARNER INC COM 887315109 37875 1000000 SH DEFINED 0126 1000000 TIME WARNER INC COM 887315109 28406 750000 SH DEFINED 0124 750000 TIME WARNER INC COM 887315109 3261 86100 SH DEFINED 0125 86100 TIME WARNER INC COM 887315109 128775 3400000 SH DEFINED 011516 3400000 TIME WARNER INC COM 887315109 17044 450000 SH DEFINED 011618 450000 TIME WARNER INC COM 887315109 2462 65000 SH DEFINED 011620 65000 TIME WARNER INC COM 887315109 32518 858549 SH DEFINED 0102 858549 TIME WARNER INC COM 887315109 2530 66797 SH DEFINED 0103 66797 TIMES MIRROR CL A COM 887364107 288 8500 SH DEFINED 0125 8500 TIMES MIRROR CL A COM 887364107 34 1000 SH DEFINED 0102 1000 TIMES MIRROR CL A COM 887364107 277 8181 SH DEFINED 0103 8181 TIMKEN CO. COM 887389104 122477 3202032 SH DEFINED 0103 3202032 TOOTSIE ROLL INDS COM 890516107 32619 823200 SH DEFINED 011516 823200 TORCHMARK CORP COM 891027104 233 5148 SH DEFINED 0103 5148 TOTAL COM 89151E109 23800 700000 SH DEFINED 0130 700000 TOTAL COM 89151E109 10200 300000 SH DEFINED 0108 300000 TOTAL COM 89151E109 23800 700000 SH DEFINED 0113 700000 TOTAL COM 89151E109 16830 495000 SH DEFINED 0107 495000 TOTAL COM 89151E109 17000 500000 SH DEFINED 011618 500000 TOTAL COM 89151E109 17000 500000 SH DEFINED 0131 500000 TOTAL COM 89151E109 646 19000 SH DEFINED 0103 19000 TOWER AUTO COM 891707101 5250 300000 SH DEFINED 0128 300000 TOYOTA ADR COM 892331307 10563 250000 SH DEFINED 011516 250000 TOYS R US COM 892335100 17944 825000 SH DEFINED 0131 825000 TOYS R US COM 892335100 1080 49653 SH DEFINED 0103 49653 TRANSACTION SYSTEM COM 893416107 8438 250000 SH DEFINED 011516 250000 TRANSAMERICA CORP COM 893485102 368 5056 SH DEFINED 0103 5056 TRANSPORT HLDGS CL A COM 893855106 5 125 SH DEFINED 0102 125 TRANSPORT DE GAS COM 893870204 3219 250000 SH DEFINED 0132 250000 TRANSPACIFIC RES 4% COM 893880997 0 250000 SH DEFINED 0102 250000 TRANSPACIFIC RES COM 893900100 0 2491896 SH DEFINED 0102 2491896 TRANSDIGM WARRANTS WARRANT 893900993 399 3989 SH DEFINED 0104 3989 TRANSDIGM WARRANTS WARRANT 893900993 891 8909 SH DEFINED 0109 8909 TRAVELERS INC NEW COM 894190107 31438 500000 SH DEFINED 0130 500000 TRAVELERS INC NEW COM 894190107 18863 300000 SH DEFINED 0111 300000 TRAVELERS INC NEW COM 894190107 465 7400 SH DEFINED 0125 7400 PAGE 66 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE TRAVELERS INC NEW COM 894190107 37725 600000 SH DEFINED 011618 600000 TRAVELERS INC NEW COM 894190107 2201 35000 SH DEFINED 011620 35000 TRAVELERS INC NEW COM 894190107 39234 623937 SH DEFINED 0102 623937 TRAVELERS INC NEW COM 894190107 3043 48396 SH DEFINED 0103 48396 TRAVELERS INC NEW COM 894190107 5905 93911 SH DEFINED 01 93911 TRIANGLE WIRE & CABL COM 895929107 211 211111 SH DEFINED 0104 211111 TRIANGLE WIRE & CABL COM 895929107 549 548889 SH DEFINED 0109 548889 TRIANGLE WIRE & CABL COM 895929107 84 84444 SH DEFINED 011621 84444 TRIBUNE CO COM 896047107 15281 250000 SH DEFINED 0126 250000 TRIBUNE CO COM 896047107 171 2800 SH DEFINED 0125 2800 TRIBUNE CO COM 896047107 42 700 SH DEFINED 0102 700 TRIBUNE CO COM 896047107 4811 78700 SH DEFINED 0131 78700 TRIBUNE CO COM 896047107 545 8915 SH DEFINED 0103 8915 TRINITY INDUSTRIES COM 896522109 10238 325000 SH DEFINED 0108 325000 TRINOVA CORP COM 896678109 60 2110 SH DEFINED 0103 2110 TULTEX CORP COM 899900104 238 57668 SH DEFINED 0102 57668 TURNER BROADCAST B COM 900262502 11700 450000 SH DEFINED 011618 450000 TYCO INTERNATIONAL COM 902120104 14250 400000 SH DEFINED 0108 400000 TYCO INTERNATIONAL COM 902120104 17813 500000 SH DEFINED 0111 500000 TYCO INTERNATIONAL COM 902120104 3206 90000 SH DEFINED 011622 90000 TYCO INTERNATIONAL COM 902120104 7125 200000 SH DEFINED 011623 200000 TYCO INTERNATIONAL COM 902120104 35625 1000000 SH DEFINED 011618 1000000 TYCO INTERNATIONAL COM 902120104 2672 75000 SH DEFINED 011619 75000 TYCO INTERNATIONAL COM 902120104 3114 87400 SH DEFINED 011620 87400 TYCO INTERNATIONAL COM 902120104 12113 340000 SH DEFINED 011614 340000 TYCO INTERNATIONAL COM 902120104 12913 362438 SH DEFINED 0102 362438 TYCO INTERNATIONAL COM 902120104 4916 138000 SH DEFINED 0131 138000 TYCO INTERNATIONAL COM 902120104 3868 108592 SH DEFINED 0103 108592 TYCO INTERNATIONAL COM 902120104 7553 212000 SH DEFINED 01 212000 UCAR INTERNATIONAL COM 90262K109 9318 276100 SH DEFINED 0130 276100 UCAR INTERNATIONAL COM 90262K109 3375 100000 SH DEFINED 0108 100000 UCAR INTERNATIONAL COM 90262K109 8438 250000 SH DEFINED 0135 250000 UCAR INTERNATIONAL COM 90262K109 1114 33000 SH DEFINED 011620 33000 UCAR INTERNATIONAL COM 90262K109 4506 133500 SH DEFINED 01 133500 USX MARATHON GROUP COM 902905827 275 14100 SH DEFINED 0125 14100 USX MARATHON GROUP COM 902905827 86 4400 SH DEFINED 0102 4400 USX MARATHON GROUP COM 902905827 539 27673 SH DEFINED 0103 27673 UST INC COM 902911106 33375 1000000 SH DEFINED 0113 1000000 UST INC COM 902911106 3304 99000 SH DEFINED 0125 99000 UST INC COM 902911106 18356 550000 SH DEFINED 0107 550000 UST INC COM 902911106 46725 1400000 SH DEFINED 011516 1400000 UST INC COM 902911106 8998 269600 SH DEFINED 0102 269600 UST INC COM 902911106 24197 725000 SH DEFINED 0131 725000 UST INC COM 902911106 1379 41311 SH DEFINED 0103 41311 UST INC COM 902911106 7446 223090 SH DEFINED 01 223090 USA WASTE SERVICES I COM 902917103 22650 1200000 SH DEFINED 011516 1200000 UNUM CORP COM 903192102 27500 500000 SH DEFINED 0130 500000 UNUM CORP COM 903192102 8250 150000 SH DEFINED 0108 150000 UNUM CORP COM 903192102 23100 420000 SH DEFINED 0126 420000 UNUM CORP COM 903192102 33000 600000 SH DEFINED 0124 600000 PAGE 67 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE UNUM CORP COM 903192102 3553 64600 SH DEFINED 0125 64600 UNUM CORP COM 903192102 27500 500000 SH DEFINED 011516 500000 UNUM CORP COM 903192102 34106 620100 SH DEFINED 011618 620100 UNUM CORP COM 903192102 1865 33900 SH DEFINED 011619 33900 UNUM CORP COM 903192102 2739 49800 SH DEFINED 011620 49800 UNUM CORP COM 903192102 7975 145000 SH DEFINED 011614 145000 UNUM CORP COM 903192102 144545 2627691 SH DEFINED 0102 2627691 UNUM CORP COM 903192102 14262 259300 SH DEFINED 0131 259300 UNUM CORP COM 903192102 3835 69697 SH DEFINED 0103 69697 UNUM CORP COM 903192102 21638 393420 SH DEFINED 01 393420 U S F & G CORP COM 903290104 139 8233 SH DEFINED 0103 8233 USX-US STEEL GROUP COM 90337T101 33 1100 SH DEFINED 0102 1100 USX-US STEEL GROUP COM 90337T101 182 5919 SH DEFINED 0103 5919 ULTRAMAR COM 903912103 12875 500000 SH DEFINED 0113 500000 ULTRAMAR COM 903912103 12231 475000 SH DEFINED 0107 475000 ULTRAMAR COM 903912103 5150 200000 SH DEFINED 01 200000 UNILEVER NV NY SHRS COM 904784501 1669 11858 SH DEFINED 0103 11858 UNICOM CORP COM 904911104 513 15670 SH DEFINED 0103 15670 UNION CAMP CORP COM 905530101 26194 550000 SH DEFINED 0113 550000 UNION CAMP CORP COM 905530101 7620 160000 SH DEFINED 0107 160000 UNION CAMP CORP COM 905530101 19050 400000 SH DEFINED 0131 400000 UNION CAMP CORP COM 905530101 958 20120 SH DEFINED 0103 20120 UNION CARBIDE CORP COM 905581104 383 10226 SH DEFINED 0103 10226 UNION ELECTRIC COM 906548102 9394 225000 SH DEFINED 0132 225000 UNION ELECTRIC COM 906548102 1599 38300 SH DEFINED 0125 38300 UNION ELECTRIC COM 906548102 409 9800 SH DEFINED 0102 9800 UNION ELECTRIC COM 906548102 751 17986 SH DEFINED 0103 17986 UNION PACIFIC CORP COM 907818108 23100 350000 SH DEFINED 0130 350000 UNION PACIFIC CORP COM 907818108 6600 100000 SH DEFINED 0108 100000 UNION PACIFIC CORP COM 907818108 29700 450000 SH DEFINED 0113 450000 UNION PACIFIC CORP COM 907818108 16500 250000 SH DEFINED 0124 250000 UNION PACIFIC CORP COM 907818108 1076 16300 SH DEFINED 0125 16300 UNION PACIFIC CORP COM 907818108 9570 145000 SH DEFINED 0107 145000 UNION PACIFIC CORP COM 907818108 18480 280000 SH DEFINED 011618 280000 UNION PACIFIC CORP COM 907818108 46948 711275 SH DEFINED 0102 711275 UNION PACIFIC CORP COM 907818108 21450 325000 SH DEFINED 0131 325000 UNION PACIFIC CORP COM 907818108 2775 42036 SH DEFINED 0103 42036 UNION PACIFIC CORP COM 907818108 8151 123498 SH DEFINED 01 123498 UP RESOURSE COM 907834105 5202 205000 SH DEFINED 011618 205000 UNISYS CORP COM 909214108 67 11947 SH DEFINED 0103 11947 UNITED ASSET MGMT CO COM 909420101 6716 175000 SH DEFINED 0107 175000 UNITED CO COM 909870107 952 36100 SH DEFINED 011619 36100 UNITED CO COM 909870107 4191 158900 SH DEFINED 011614 158900 UTD DOMINION IND LTD COM 909914103 5005 231427 SH DEFINED 0103 231427 UNITED HEALTHCARE COM 910581107 85150 1300000 SH DEFINED 0126 1300000 UNITED HEALTHCARE COM 910581107 39300 600000 SH DEFINED 0111 600000 UNITED HEALTHCARE COM 910581107 2175 33200 SH DEFINED 0125 33200 UNITED HEALTHCARE COM 910581107 6452 98500 SH DEFINED 011622 98500 UNITED HEALTHCARE COM 910581107 13932 212700 SH DEFINED 011623 212700 UNITED HEALTHCARE COM 910581107 49125 750000 SH DEFINED 011618 750000 PAGE 68 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE UNITED HEALTHCARE COM 910581107 126324 1928420 SH DEFINED 0102 1928420 UNITED HEALTHCARE COM 910581107 1820 27792 SH DEFINED 0103 27792 UNITED HEALTHCARE COM 910581107 17444 266320 SH DEFINED 01 266320 UNITED ILLUM CO COM 910637107 4298 115000 SH DEFINED 0132 115000 UNITED MERIDIAN CORP COM 910865104 6081 350000 SH DEFINED 0106 350000 U.S. BANCORP COM 911596104 240 7138 SH DEFINED 0103 7138 US FILTER CORP 144A CONV BOND 911843AC4 11550 10000000 PRN DEFINED 0130 10000000 US FILTER CORP 144A CONV BOND 911843AC4 4043 3500000 PRN DEFINED 0104 3500000 US FILTER CORP 144A CONV BOND 911843AC4 2021 1750000 PRN DEFINED 0109 1750000 US FILTER CORP 144A CONV BOND 911843AC4 10973 9500000 PRN DEFINED 0107 9500000 US FILTER CORP 144A CONV BOND 911843AC4 2021 1750000 PRN DEFINED 011621 1750000 U S FILTER CORP COM 911843209 13590 510400 SH DEFINED 0102 510400 U S FILTER CORP COM 911843209 6523 245000 SH DEFINED 0131 245000 U S FILTER CORP COM 911843209 692 26000 SH DEFINED 0103 26000 US AIR GROUP INC. COM 911905107 60 4550 SH DEFINED 0103 4550 US HEALTH CARE INC COM 911910107 9300 200000 SH DEFINED 0107 200000 US HEALTH CARE INC COM 911910107 24413 525000 SH DEFINED 011516 525000 US HEALTH CARE INC COM 911910107 525 11282 SH DEFINED 0103 11282 U. S. SURGICAL CORP COM 912707106 91 4238 SH DEFINED 0103 4238 U S WEST COM 912889102 21450 600000 SH DEFINED 0130 600000 U S WEST COM 912889102 35750 1000000 SH DEFINED 0126 1000000 U S WEST COM 912889102 10725 300000 SH DEFINED 0132 300000 U S WEST COM 912889102 8938 250000 SH DEFINED 0124 250000 U S WEST COM 912889102 447 12500 SH DEFINED 0125 12500 U S WEST COM 912889102 18411 515000 SH DEFINED 0107 515000 U S WEST COM 912889102 37538 1050000 SH DEFINED 011516 1050000 U S WEST COM 912889102 100092 2799825 SH DEFINED 0102 2799825 U S WEST COM 912889102 2009 56174 SH DEFINED 0103 56174 US WEST MEDIA COM 912889201 11400 600000 SH DEFINED 0130 600000 US WEST MEDIA COM 912889201 4750 250000 SH DEFINED 0124 250000 US WEST MEDIA COM 912889201 238 12500 SH DEFINED 0125 12500 US WEST MEDIA COM 912889201 19950 1050000 SH DEFINED 011516 1050000 US WEST MEDIA COM 912889201 223 11775 SH DEFINED 0102 11775 US WEST MEDIA COM 912889201 654 34424 SH DEFINED 0103 34424 UNITED TECHNOLOGIES COM 913017109 23719 250000 SH DEFINED 0130 250000 UNITED TECHNOLOGIES COM 913017109 9488 100000 SH DEFINED 0108 100000 UNITED TECHNOLOGIES COM 913017109 61669 650000 SH DEFINED 0126 650000 UNITED TECHNOLOGIES COM 913017109 47 500 SH DEFINED 0125 500 UNITED TECHNOLOGIES COM 913017109 11385 120000 SH DEFINED 0107 120000 UNITED TECHNOLOGIES COM 913017109 37950 400000 SH DEFINED 011618 400000 UNITED TECHNOLOGIES COM 913017109 2543 26800 SH DEFINED 011620 26800 UNITED TECHNOLOGIES COM 913017109 13717 144575 SH DEFINED 0102 144575 UNITED TECHNOLOGIES COM 913017109 18975 200000 SH DEFINED 0131 200000 UNITED TECHNOLOGIES COM 913017109 1975 20812 SH DEFINED 0103 20812 UNITED TECHNOLOGIES COM 913017109 12824 135175 SH DEFINED 01 135175 UNITED TELECOM $100 PREFERRED STOCK 9130252*2 3818 37472 SH DEFINED 0105 37472 UNITED TRANSNET INC COM 913100103 1538 100000 SH DEFINED 011614 100000 UNITED WASTE SYS INC COM 913174108 7450 200000 SH DEFINED 011614 200000 UNITED WISCONSIN SVC COM 913236105 1597 72600 SH DEFINED 0128 72600 UNIVERSAL HLTH CR-B COM 913903100 13313 300000 SH DEFINED 011516 300000 PAGE 69 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE UNOCAL CORP COM 915289102 526 18062 SH DEFINED 0103 18062 UROMED CORP COM 917274102 1288 100000 SH DEFINED 011619 100000 UROMED CORP COM 917274102 5794 450000 SH DEFINED 011614 450000 USLIFE CORP COM 917318107 25459 852195 SH DEFINED 0103 852195 V. F. CORP COM 918204108 454 8600 SH DEFINED 0125 8600 V. F. CORP COM 918204108 111 2100 SH DEFINED 0102 2100 V. F. CORP COM 918204108 386 7312 SH DEFINED 0103 7312 STAR PORTFOLIO COM 921909107 2 104 SH DEFINED 01 104 VARITY CORP COM 92224R602 27 722 SH DEFINED 0103 722 VAUGHAN BASSETT FURN COM 922272117 40 1311 SH DEFINED 0102 1311 VEECO COM 922417100 776 53500 SH DEFINED 011619 53500 VEECO COM 922417100 2139 147500 SH DEFINED 011614 147500 VENTRITEX INC COM 922814108 5647 325000 SH DEFINED 0106 325000 VENTRITEX INC COM 922814108 500 28800 SH DEFINED 011619 28800 VENTRITEX INC COM 922814108 2106 121200 SH DEFINED 011614 121200 VENTRITEX INC COM 922814108 3353 192954 SH DEFINED 01 192954 VESSEL CHARTERS INC COM 925400996 0 25000 SH DEFINED 0102 25000 VIACOM INTL COM 925524100 14 300 SH DEFINED 0102 300 VIACOM INTL COM 925524100 4757 103700 SH DEFINED 0131 103700 VIACOM INTL COM 925524100 266 5800 SH DEFINED 0103 5800 VIACOM INC WTS C '97 WARRANT 925524126 1006 350000 SH DEFINED 011516 350000 VIACOM INC CL B COM 925524308 14213 300000 SH DEFINED 0130 300000 VIACOM INC CL B COM 925524308 37900 800000 SH DEFINED 0126 800000 VIACOM INC CL B COM 925524308 14 300 SH DEFINED 0102 300 VIACOM INC CL B COM 925524308 5832 123100 SH DEFINED 0131 123100 VIACOM INC CL B COM 925524308 1557 32858 SH DEFINED 0103 32858 VIDEOTRON COM 92659H103 9945 780000 SH DEFINED 0130 780000 VIDEOTRON COM 92659H103 15499 1215600 SH DEFINED 0124 1215600 VIDEOTRON COM 92659H103 5100 400000 SH DEFINED 0135 400000 VIGORO CORP COM 926754102 2470 40000 SH DEFINED 011619 40000 VIKING OFFICE PRODS COM 926913104 2325 50000 SH DEFINED 011619 50000 VIKING OFFICE PRODS COM 926913104 12788 275000 SH DEFINED 011614 275000 VIKING OFFICE PRODS COM 926913104 21851 469900 SH DEFINED 0102 469900 VIKING OFFICE PRODS COM 926913104 6380 137200 SH DEFINED 0131 137200 VIKING OFFICE PRODS COM 926913104 1033 22200 SH DEFINED 0103 22200 VIRGINIA-AMER WTR CO PREFERRED STOCK 927990200 206 2400 SH DEFINED 0113 2400 VISHAY INTRTECHNOLOG COM 928298108 31500 1000000 SH DEFINED 0126 1000000 VISHAY INTRTECHNOLOG COM 928298108 18900 600000 SH DEFINED 0111 600000 VISHAY INTRTECHNOLOG COM 928298108 12833 407400 SH DEFINED 011516 407400 VISHAY INTRTECHNOLOG COM 928298108 20475 650000 SH DEFINED 011618 650000 VISHAY INTRTECHNOLOG COM 928298108 124834 3963172 SH DEFINED 0102 3963172 VISHAY INTRTECHNOLOG COM 928298108 9526 302400 SH DEFINED 0131 302400 VISHAY INTRTECHNOLOG COM 928298108 1206 38280 SH DEFINED 0103 38280 VISHAY INTRTECHNOLOG COM 928298108 10996 349077 SH DEFINED 01 349077 WHX CORPORATION COM 929248102 1252 115151 SH DEFINED 0103 115151 WICOR INC COM 929253102 6450 200000 SH DEFINED 0132 200000 WMX TECHNOLOGIES INC COM 92929Q107 43319 1450000 SH DEFINED 011516 1450000 WMX TECHNOLOGIES INC COM 92929Q107 1464 49000 SH DEFINED 011620 49000 WMX TECHNOLOGIES INC COM 92929Q107 9495 317850 SH DEFINED 0102 317850 WMX TECHNOLOGIES INC COM 92929Q107 1071 35856 SH DEFINED 0103 35856 PAGE 70 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE WPP GROUP PLC -ADR COM 929309300 4178 164655 SH DEFINED 0103 164655 WABAN INC COM 929394104 1131 60321 SH DEFINED 0103 60321 WACHOVIA CORP COM 929771103 573 12514 SH DEFINED 0103 12514 WAL MART STORES COM 931142103 22375 1000000 SH DEFINED 0126 1000000 WAL MART STORES COM 931142103 140 6280 SH DEFINED 0102 6280 WAL MART STORES COM 931142103 3852 172156 SH DEFINED 0103 172156 WAL MART STORES COM 931142103 716 32000 SH DEFINED 01 32000 WALBRO CORP COM 931154108 3071 170628 SH DEFINED 0103 170628 WALGREEN CO. COM 931422109 20913 700000 SH DEFINED 011516 700000 WALGREEN CO. COM 931422109 36 1200 SH DEFINED 0102 1200 WALGREEN CO. COM 931422109 554 18535 SH DEFINED 0103 18535 WARNACO COM 934390105 20000 800000 SH DEFINED 0130 800000 WARNACO COM 934390105 750 30000 SH DEFINED 01 30000 WARNER LAMBERT CO COM 934488107 15054 155000 SH DEFINED 0107 155000 WARNER LAMBERT CO COM 934488107 985 10141 SH DEFINED 0103 10141 WASHINGTON GAS LIGHT COM 938837101 5125 250000 SH DEFINED 0132 250000 WAXMAN IND WRNTS WARRANT 944124122 143 143075 SH DEFINED 0116 143075 WAXMAN IND WRNTS WARRANT 944124122 13 13275 SH DEFINED 01 13275 WAXMAN IND WARRANTS WARRANT 944124999 8 150000 SH DEFINED 0105 150000 WEATHERFORD ENTERRA COM 947071106 7219 250000 SH DEFINED 0108 250000 WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0104 32502 WEBCRAFT TECH COM 947625992 0 32502 SH DEFINED 0109 32502 WEEKS CORP COM 94856P102 5025 200000 SH DEFINED 011618 200000 WELLS FARGO & CO COM 949740104 238 1100 SH DEFINED 0102 1100 WELLS FARGO & CO COM 949740104 1285 5951 SH DEFINED 0103 5951 WELLSFORD RES PROP COM 950241109 11500 500000 SH DEFINED 0113 500000 WELLSFORD RES PROP COM 950241109 3565 155000 SH DEFINED 0107 155000 WENDYS INTL INC COM 950590109 38 1800 SH DEFINED 0125 1800 WENDYS INTL INC COM 950590109 10625 500000 SH DEFINED 011618 500000 WENDYS INTL INC COM 950590109 8 400 SH DEFINED 0102 400 WENDYS INTL INC COM 950590109 156 7364 SH DEFINED 0103 7364 WEST COMPANY COM 953348109 9177 390515 SH DEFINED 0103 390515 WESTERN AREA COM 957654205 1273 75420 SH DEFINED 0127 75420 WESTERN ATLAS INC COM 957674104 195 3865 SH DEFINED 0103 3865 WEST DEEP LEVELS ADR COM 958077208 819 25000 SH DEFINED 0127 25000 WESTERN GAS RESOURCE CONV PFD STOCK 958259301 3850 110000 SH DEFINED 0132 110000 WESTERN PACIFIC COM 959080102 3350 200000 SH DEFINED 0130 200000 WESTERN PACIFIC COM 959080102 906 54100 SH DEFINED 0128 54100 WESTERN PACIFIC COM 959080102 905 54000 SH DEFINED 011619 54000 WESTERN PACIFIC COM 959080102 436 26000 SH DEFINED 011614 26000 WESTERN RESOURCE INC PREFERRED STOCK 959425406 599 10000 SH DEFINED 0113 10000 WESTINGHOUSE ELEC COM 960402105 8250 500000 SH DEFINED 0108 500000 WESTINGHOUSE ELEC COM 960402105 2671 161900 SH DEFINED 0125 161900 WESTINGHOUSE ELEC COM 960402105 16500 1000000 SH DEFINED 011516 1000000 WESTINGHOUSE ELEC COM 960402105 16500 1000000 SH DEFINED 011618 1000000 WESTINGHOUSE ELEC COM 960402105 751 45500 SH DEFINED 0102 45500 WESTINGHOUSE ELEC COM 960402105 6628 401715 SH DEFINED 0103 401715 WESTINGHOUSE ELEC COM 960402105 330 20000 SH DEFINED 01 20000 WESTVACO CORP COM 961548104 22894 825000 SH DEFINED 0113 825000 WESTVACO CORP COM 961548104 204 7359 SH DEFINED 0103 7359 PAGE 71 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE WEYERHAEUSER COM 962166104 17300 400000 SH DEFINED 0124 400000 WEYERHAEUSER COM 962166104 12759 295000 SH DEFINED 0107 295000 WEYERHAEUSER COM 962166104 86 1960 SH DEFINED 0102 1960 WEYERHAEUSER COM 962166104 767 17742 SH DEFINED 0103 17742 WHIRLPOOL CORP COM 963320106 294 5521 SH DEFINED 0103 5521 WHITMAN CORP COM 96647K102 179 7690 SH DEFINED 0103 7690 WILLAMETTE IND INC COM 969133107 230 4091 SH DEFINED 0103 4091 WILLIAM COMPANIES COM 969457100 4388 100000 SH DEFINED 0132 100000 WILLIAM COMPANIES COM 969457100 326 7431 SH DEFINED 0103 7431 WINN-DIXIE COM 974280109 407 11028 SH DEFINED 0103 11028 WINDSTAR COM 975515107 4709 275000 SH DEFINED 011516 275000 WIRELESS ONE COM 97652H109 413 25000 SH DEFINED 0109 25000 WIRELESS ONE COM 97652H109 5363 325000 SH DEFINED 011516 325000 WISCONSIN ENERGY COM 976657106 6125 200000 SH DEFINED 0132 200000 WOLTERS KLUWER ADR* COM 977874205 0 1 SH DEFINED 01 1 WOLVERINE TUBE INC COM 978093102 15938 425000 SH DEFINED 0106 425000 WOLVERINE TUBE INC COM 978093102 5625 150000 SH DEFINED 0135 150000 WOLVERINE COM 978097103 1890 60000 SH DEFINED 011619 60000 WOOLWORTH CORP COM 980883102 125 9637 SH DEFINED 0103 9637 WORLDCOM INC COM 98155K102 670 19000 SH DEFINED 011620 19000 WORTHINGTON IND COM 981811102 11447 550000 SH DEFINED 0108 550000 WORTHINGTON IND COM 981811102 140 6712 SH DEFINED 0103 6712 WRIGLEY WM JR CO COM 982526105 26250 500000 SH DEFINED 011516 500000 WRIGLEY WM JR CO COM 982526105 32 600 SH DEFINED 0102 600 WRIGLEY WM JR CO COM 982526105 505 9615 SH DEFINED 0103 9615 XILINX INC 144A CONV BOND 983919AA9 15400 17500000 PRN DEFINED 0106 17500000 XEROX COM 984121103 34250 250000 SH DEFINED 0113 250000 XEROX COM 984121103 13700 100000 SH DEFINED 0124 100000 XEROX COM 984121103 24660 180000 SH DEFINED 011618 180000 XEROX COM 984121103 51004 372285 SH DEFINED 0102 372285 XEROX COM 984121103 23975 175000 SH DEFINED 0131 175000 XEROX COM 984121103 1960 14306 SH DEFINED 0103 14306 YPF COM 984245100 321 14865 SH DEFINED 01 14865 YELLOW CORPORATION COM 985509108 26 2131 SH DEFINED 0103 2131 YORK INTL CORP NEW COM 986670107 25850 550000 SH DEFINED 011516 550000 YORK INTL CORP NEW COM 986670107 9400 200000 SH DEFINED 011618 200000 ZENECA GROUP PLC -S COM 98934D106 1168 20000 SH DEFINED 01 20000 ZERO CORP COM 989484100 3948 222400 SH DEFINED 0128 222400 ZERO CORP COM 989484100 174 9783 SH DEFINED 0103 9783 ZILOG INC COM 989524103 10072 275000 SH DEFINED 0106 275000 ZILOG INC COM 989524103 4058 110808 SH DEFINED 01 110808 STABLE VALUE FUND COM 990007742 11483 1132068 SH DEFINED 0103 1132068 STABLE CAPITAL II COM 990007940 11556 1043911 SH DEFINED 0103 1043911 AM EXP RESEARCH 839 COM 990008393 6621 299999 SH DEFINED 0103 299999 FEDERAL INCOME FUND COM 990008443 115217 8612526 SH DEFINED 0103 8612526 EQY BASE INDEX COM 990008450 306339 18065623 SH DEFINED 0103 18065623 AM EXP TST BND 831 COM 990009086 9943 213435 SH DEFINED 0103 213435 AM EXP TST EMERG 837 COM 990009300 2158 34627 SH DEFINED 0103 34627 AM EXP TST CORE 838 COM 990009318 5477 66869 SH DEFINED 0103 66869 MANAGED GIC FUND COM 990009326 115059 4672622 SH DEFINED 0103 4672622 PAGE 72 VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE INTERNATION COM 990009995 789 77556 SH DEFINED 0103 77556 REPORT SUMMARY 3451 DATA RECORDS 42721061 35 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
-----END PRIVACY-ENHANCED MESSAGE-----