FIRST  SECURITY  CORP

First Security swallowed up

Bank is now part of Wells Fargo but will look same for a while

By Deseret News Oct 26, 2000, 10:19am MDT
Max Knudson business editor

There were no fireworks, no lowering the flag to half-staff, no solemn goodbyes and tearful hugs, but a major era in Utah banking ended Wednesday as First Security Corp. officially became a part of San Francisco-based Wells Fargo.

"We went to sleep Tuesday night as First Security and today we find ourselves members of the Wells Fargo team," Scott Nelson told the Women in Business Conference Wednesday afternoon.

More personally, Nelson went to sleep Tuesday night as president and chief executive officer of First Security Bank and awoke Wednesday as regional president and CEO of Wells Fargo's Utah/Southwest Wyoming Community Region.

Meanwhile, it is business as usual for First Security customers and employees locally because the conversion of First Security's products and systems into the Wells Fargo system won't occur until March, said spokeswoman Jackelin Slack.

That's when the First Security signs will begin coming down, customer checks will be changed and employees will have acclimated to answering the phone "Wells Fargo" rather than "First Security," something they weren't doing Wednesday afternoon.

Slack assured that First Security customers will get "plenty of notice" before they need to take any action, such as changing their checkbooks. She said the conversion is being done in phases to make the merger as painless as possible.

First Security banks in Utah, Idaho and Nevada converge in March; California and Nevada in December of this year; and Oregon and New Mexico will complete the changeover in late February, she said. All of the conversions are expected to be completed by mid-2001.

Although the changes are "pretty invisible" to First Security customers at this point, Slack did say that they may already use Wells Fargo ATMs with no changes to their PINs. Conversely, Wells Fargo customers may use First Security ATMs.

Despite the official transition, FSCO (First Security's stock symbol) shares still traded throughout the day on NASDAQ. Slack said the bank filed for delisting Wednesday morning but was told that a stock couldn't be delisted during a trading day. Thus, FSCO was to be delisted Thursday, meaning that Wednesday's closing price was the final price of FSCO shares.

That final closing price was $14.88, down 38 cents. A total of 13.81 million shares were traded on the final day. Over the past 52 weeks, FSCO shares have ranged from a high of $31 to a low of $10.75.

Wells Fargo shares closed Wednesday on the New York Stock Exchange at $42.50, down 81 cents. Their 52-week range is $31 to $49.94.

However, those closing prices have nothing to do with the ratio that FSCO shareholders will receive for their shares: 0.355 of a share of Wells Fargo stock for each FSCO share.

At the time that First Security Chairman and CEO Spencer F. Eccles and Wells Fargo President and CEO Dick Kovacevich reached a "gentlemen's agreement" to merge, on April 3, Eccles negotiated a firm price of $15.50 per FSCO share while Wells Fargo was trading at $43.66 per share. The 0.355 exchange ratio was based on those set prices, according to Brad Hardy, former chief financial officer of First Security and now merger transition manager for the company.

Slack said FSCO shareholders will be receiving information in coming weeks on exchanging their shares for Wells Fargo shares.

The merger was first announced publicly April 10, approved by First Security shareholders July 31, and given a thumb's up by the Federal Reserve Bank on Oct. 10.

With the merger completed, Wells Fargo is now the largest banking franchise in the West, the largest by market share in Utah, Nevada, Idaho and New Mexico, and one of the largest in the United States.

"This merger is not an end in itself, it's the next stage of our vision to satisfy all of our customers' financial needs and help them succeed financially," Kovacevich said Wednesday in a news release.

Although Wells Fargo has the most deposits of any bank in those four states, Kovacevich said Wells has only about 3 percent of its customers' assets when it comes to all of the financial services and products that they need and he vowed to go after a larger share of that business.

Eccles, whose title now is chairman of Wells Fargo's Intermountain Banking Region, said in the same release that the merger "helps all of us in the new Wells Fargo get even closer to becoming one of America's great companies."

With the acquisition of First Security, Wells Fargo now has assets of more than $263 billion and some 114,000 employees in 5,600 locations nationwide. It ranks seventh nationally in assets and third in the market value of its stock among U.S. bank holding companies.

Among other top First Security officers, Morgan Evans, former president and chief operating officer of First Security Corp., will retire. Scott C. Ulbrich, former executive vice president, will stay on as regional managing director of the Wells Fargo Private Client Services, Intermountain Region. Mark Howell, former head of business banking services, will become executive vice president and division manager for wholesale banking in the Intermountain Division of Wells Fargo.

Hardy, former First Security chief financial officer, remains as merger transition manager with a year's contract, but he would not say whether he will stay on with Wells Fargo after the conversion process is completed.

Historically, at least some of the roots of First Security Corp. can be traced back to 1871 when The Bank of Deseret was founded by Brigham Young. It later became Deseret National Bank and then, in 1932, it was merged into the First Security organization, which operated under the names Security National Bank, First National Bank and, in 1948, as First Security Bank N.A.

What became First Security Corp. was launched by brothers Marriner S. and George S. Eccles in June 1928 using the extensive business entities and the six banks that had been the legacy left them by their father, David Eccles, who died in 1912.

The end of the First Security legacy was not the original intent of Spencer F. Eccles. In June 1999, he announced a "merger of equals" with Zions Bancorp. that would have meant Zions' acquiring First Security but the First Security name was to remain for the merged entity.

But it was not to be. A week before the deal was due to close last December, federal regulators ordered Zions to restate the accounting methods used in some of its prior purchases of several other banks. That put the closing on hold, which proved fatal to the deal when the stock of both banks tumbled in March after First Security said its quarterly earnings would be below expectations.

As a result, Zions shareholders voted down the deal as no longer favorable to them and a week later, Eccles announced the merger with Wells Fargo.

E-mail: max@desnews.com


https://www.deseret.com/2000/10/26/19535793/first-security-swallowed-up

<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>0001.txt
<TEXT>

OMB APPROVAL

FORM
13F

INVESTMENT REQUIRED OF INSTITUTIONAL INVESTMENT

OMB Number: 3235-0006
Expires: January 31, 1988

MANAGERS PURSUANT TO SECTION 13(F) OF THE SECURITIES
EXCHANGE ACT OF 1934 AND RULES THEREUNDER

SEC USE ONLY
SECURITIES AND EXCHANGE COMMISSION




WASHINGTON, D.C. 20549

REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED MARCK 31, 2001
-------------
(PLEASE READ INSTRUCTIONS BEFORE PREPARING FORM.)
IF AMENDED REPORT CHECK HERE:

NAME OF INSTITUTIONAL INVESTMENT MANAGER:
FIRST SECURITY CORP. (13-F FILE NUMBER 28-486)
BUSINESS ADDRESS:
79 SOUTH MAIN STREET, SALT LAKE CITY, UTAH 84110
STREET CITY STATE ZIP
NAME, PHONE NO., AND TITLE OF PERSON DULY AUTHORIZED TO SUBMIT THIS REPORT.
Sterling Jenson (801) 246-5423 President

ATTENTION - - INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C.78FF(A).

THE INSTITUTIONAL INVESTMENT MANAGER SUBMITTING THIS FORM AND ITS
ATTACHMENTS AND THE PERSON BY WHOM IT IS SIGNED REPRESENT HEREBY THAT ALL
INFORMATION CONTAINED THEREIN IS TRUE, CORRECT AND COMPLETE. IT IS UNDERSTOOD
THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE CONSIDERED 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.

PURSUANT TO THE REQUIREMENTS OF SECURITIES EXCHANGE ACT OF 1934, THE
UNDERSIGNED INSTITUTIONAL INVESTMENT MANAGER HAS CAUSED THIS REPORT TO BE SIGNED
ON ITS BEHALF IN THE CITY

OF SALT LAKE AND STATE OF UTAH
ON THE 16TH DAY OF MARCH 16, 2001.

FIRST SECURITY CORP.
(NAME OF INSTITUTIONAL INVESTMENT MANAGER)


(MANUAL SIGNATURE OF PERSON DULY AUTHORIZED TO SUBMIT THIS REPORT)

NAME AND 13F FILE NUMBERS OF ALL INSTITUTIONAL INVESTMENT MANAGERS WITH RESPECT
TO WHICH THIS SCHEDULE IS FILED (OTHER THAN THE ONE FILING THIS REPORT): (LIST
IN ALPHABETICAL ORDER).

13F FILE NUMBERS WILL BE ASSIGNED TO INSTITUTIONAL INVESTMENT MANAGERS AFTER
THEY FILE THEIR FIRST REPORT.

NAME: 13F FILE NO.: NAME: 13F FILE NO.:
1. 7.
2. 8.
3. 9.
4. 10.
5. 11.
6. 12.


<PAGE>
FIRST
SECURITY
INVESTMENT
MANAGEMENT



SCHEDULE A TO FORM 13F
----------------------

Filed on behalf of First Security Investment Management, Inc.



First Security Investment Management, Inc. ("FSIM") has a contractual
agreement with First Security Bank, N.A., First Security Bank of Nevada, N.A.,
and First Security Bank of New Mexico, to manage invested funds held by the
three banks' Trust Divisions. A central filing on Form 13F is made quarterly by
First Security Corporation (File No: 28-486) and will cover the reporting
obligation of FSIM on Form 13F pursuant to General Instructions B.


<TABLE>
<CAPTION>

SEC USE ONLY ______________________________
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
NAME OF ISSUER TITLE OF CLASS CUSIP/TICKER MARKET SH/PV INVEST AUTH MNGR VOTING AUTH(SHARES)
SOLE SHRD- SHRD- SOLE SHARED NONE
A. COMMON STOCK INSTR OTHER
V
COMMON STOCK
------------------------------

<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AASTROM BIOSCIENCES INCORPORATED 00253U107 781 1000 X 1000 0 0
ABBOTT LABORATORIES 002824100 13779433 291999 X 291339 0 660
ABC RAIL PRODUCTS CORPORATION 000752105 7350 2450 X 2450 0 0
ACRES GAMING INC 004936100 110625 17700 X 17700 0 0
ACTERNA CORP 00503U105 108 18 X 18 0 0
ACTIVISION INCORPORATED-COM NEW 004930202 24 1 X 1 0 0
ADAMS EXPRESS COMPANY 006212104 75108 4287 X 4287 0 0
ADAPTEC INCORPORATED 00651F108 19945 2300 X 2300 0 0
ADC TELECOMMUNICATIONS INCORPORATED 000886101 209525 24650 X 24650 0 0
ADOBE SYSTEMS INCORPORATED 00724F101 31473 900 X 800 0 100
ADVANCED MICRO DEVICES INCORPORATED 007903107 664 25 X 25 0 0
AETNA INC NEW 00817Y108 8980 250 X 250 0 0
AFLAC INCORPORATED 001055102 12696381 461016 X 449291 1800 9925
AGILE SOFTWARE CORPORATION 00846X105 27539 2500 X 2500 0 0
AGILENT TECHNOLOGIES INC 00846U101 784322 25523 X 24829 0 694
AK STEEL HOLDING CORPORATION 001547108 13889 1382 X 1382 0 0
ALASKA AIR GROUP INCORPORATED 011659109 2570 100 X 100 0 0
ALBERTSONS INCORPORATED 013104104 18548896 582932 X 478307 0 104625
ALCOA INCORPORATED 013817101 168677 4692 X 4592 0 100
ALLEGHENY ENERGY INCORPORATED 017361106 1232829 26650 X 25000 0 1650
ALLEN TELECOM INCORPORATED 018091108 23865 1850 X 1850 0 0
ALLETE 018522102 20656 800 X 800 0 0
ALLIANT ENERGY CORPORATION 018802108 1495890 47011 X 47011 0 0
ALLIANT TECHSYSTEMS INCORPORATED 018804104 1151 13 X 13 0 0
ALLIED CAPITAL CORPORATION NEW 01903Q108 51118 2540 X 1100 1440 0
ALLMERICA FINANCIAL CORPORATION 019754100 7835 151 X 151 0 0
ALLSTATE CORPORATION 020002101 508900 12134 X 9836 0 2298
ALLTEL CORPORATION 020039103 228149 4349 X 4349 0 0
ALTERA CORPORATION 021441100 860716 40150 X 40150 0 0
ALZA CORPORATION 022615108 24300 600 X 600 0 0
AMAZON COM INCORPORATED 023135106 30383 2970 X 2970 0 0
AMEREN CORPORATION 023608102 362735 8858 X 8858 0 0
AMERIANA BANCORP 023613102 1106 100 X 100 0 0
AMERICA FIRST APT INV L P 023929102 10500 1000 X 1000 0 0
AMERICA FIRST TAX EXEMPT INVS L P 02364V107 9422 1500 X 1500 0 0
AMERICA MOVIL S A DE C V 02364W105 10988 750 X 750 0 0
AMERICAN ELECTRIC POWER INCORPORATED 025537101 101943 2169 X 2169 0 0
AMERICAN EXPRESS COMPANY 025816109 16925236 409812 X 392012 0 17800
AMERICAN GREETINGS CORP-CLASS A 026375105 46640 4400 X 4400 0 0
AMERICAN HOME PRODUCTS CORPORATION 026609107 3060405 52092 X 51417 300 375
AMERICAN INTERNATIONAL GROUP INC 026874107 24021925 298409 X 289887 843 7679
AMERICAN TOWER CORPORATION 029912201 944 51 X 51 0 0
AMERICAN WATER WORKS CO INCORPORATED 030411102 12900 400 X 0 0 400
AMERISOURCE HEALTH CORPORATION-CL A 03071P102 220725 4500 X 4500 0 0
AMERISTAR CASINOS INCORPORATED 03070Q101 1303 200 X 0 0 200
AMGEN INCORPORATED 031162100 13566925 225411 X 215591 200 9620
AMR CORPORATION DELAWARE 001765106 14048 400 X 400 0 0
AMSOUTH BANCORPORATION 032165102 15869 944 X 944 0 0
AMSURG CORPORATION-CLASS A 03232P108 22875 1200 X 0 0 1200
AMSURG CORPORATION-CLASS B 03232P207 4828 250 X 0 0 250
ANADARKO PETROLEUM CORPORATION 032511107 3654110 58205 X 56400 0 1805
ANALOG DEVICES INCORPORATED 032654105 2782906 76791 X 71628 0 5163
ANHEUSER BUSCH CO INCORPORATED 035229103 259045 5640 X 5640 0 0
AOL TIME WARNER INCORPORATED 00184A105 13540628 337251 X 321281 600 15370
APA OPTICS INCORPORATED 001853100 8813 1000 X 1000 0 0
APPLE COMPUTER INCORPORATED 037833100 216286 9800 X 9800 0 0
APPLERA CORP 038020103 339938 12250 X 12250 0 0
APPLERA CORP 038020202 124696 4042 X 4042 0 0
APPLIED MATERIALS INCORPORATED 038222105 1173978 26988 X 25288 300 1400
APTARGROUP INCORPORATED 038336103 80136 2630 X 2630 0 0
ARCHER DANIELS MIDLAND COMPANY 039483102 67118 5104 X 5104 0 0
ARIBA INCORPORATED 04033V104 822 104 X 104 0 0
ARMSTRONG HOLDINGS INC 042384107 304 75 X 75 0 0
AT & T CORPORATION 001957109 4175993 196056 X 125334 900 69822
AT & T WIRELESS GROUP 001957406 232845 12140 X 12140 0 0
AT TRACK COMMUNICATIONS INC 04648Y105 113 200 X 200 0 0
AT&T CORP LIBERTY MEDIA GROUP-CL A 001957208 4745804 338986 X 0 0 338986
ATCHISON CASTING CORP 046613105 18180 6000 X 6000 0 0
ATMEL CORPORATION 049513104 4906 500 X 0 0 500
ATRIX LABS INCORPORATED 04962L101 165 12 X 12 0 0
AUTODESK INCORPORATED 052769106 55013 1800 X 1800 0 0
AUTOLIV INCORPORATED 052800109 5959 381 X 381 0 0
AUTOMATIC DATA PROCESSING INC 053015103 78960 1452 X 1452 0 0
AUTOZONE INCORPORATED 053332102 2802 100 X 100 0 0
AVAYA INC 053499109 105495 8115 X 7805 0 310
AVI BIOPHARMA INCORPORATED 002346104 406 100 X 100 0 0
AVISTA CORPORATION 05379B107 464551 26365 X 26365 0 0
BAKER HUGHES INCORPORATED 057224107 30864 850 X 850 0 0
BANCORPSOUTH INCORPORATED 059692103 4425 300 X 300 0 0
BANK AMERICA CORPORATION 060505104 13145092 240093 X 227189 300 12604
BANK OF NEW YORK INCORPORATED 064057102 789810 16040 X 15940 0 100
BANK ONE CORPORATION 06423A103 546282 15099 X 15099 0 0
BANKNORTH GROUP INC NEW 06646R107 43725 2200 X 2200 0 0
BAXTER INTERNATIONAL INCORPORATED 071813109 13310266 141388 X 136038 0 5350
BEA SYSTEMS INCORPORATED 073325102 39656 1350 X 280 0 1070
BED BATH & BEYOND INCORPORATED 075896100 4913 200 X 200 0 0
BEDFORD PPTY INVS INC-COM PAR $0.02 076446301 31892 1700 X 1700 0 0
BELLSOUTH CORPORATION 079860102 3134718 76606 X 68606 0 8000
BERGEN BRUNSWIG CORPORATION-CLASS A 083739102 4980 300 X 300 0 0
BERKSHIRE HATHAWAY INC DEL-CLASS A 084670108 785400 12 X 12 0 0
BERKSHIRE HATHAWAY INC DEL-CLASS B 084670207 1203328 553 X 551 0 2
BETHLEHEM STEEL CORPORATION 087509105 4840 2000 X 2000 0 0
BEVERLY ENTERPRISES INC-COMMON NEW 087851309 70400 8800 X 8800 0 0
BIO-TECHNOLOGY GENERAL CORPORATION 090578105 1248 200 X 200 0 0
BLACK HILLS CORPORATION 092113109 111990 2450 X 2450 0 0
BLOCK H & R INCORPORATED 093671105 6258 125 X 125 0 0
BLOCKBUSTER INCORPORATED-CLASS A 093679108 650566 43400 X 43400 0 0
BMC SOFTWARE INCORPORATED 055921100 12900 600 X 0 0 600
BOEING COMPANY 097023105 1152139 20681 X 20181 0 500
BOK FINL CORPORATION 05561Q201 2530 103 X 103 0 0
BORG-WARNER AUTOMOTIVE INCORPORATED 099724106 61307 1530 X 1530 0 0
BOSTON LIFE SCIENCES INC-NEW 100843408 16 5 X 5 0 0
BOYD GAMING CORPORATION 103304101 20375 6046 X 6046 0 0
BRANDYWINE REALTY TRUST-SBI NEW 105368203 240790 12100 X 12100 0 0
BRE PROPERTIES INCORPORATED-CLASS A 05564E106 25366 875 X 700 0 175
BRISTOL-MYERS SQUIBB COMPANY 110122108 10223809 172118 X 144944 0 27174
BROADWING INC 111620100 113655 5935 X 5935 0 0
BROCADE COMMUNICATIONS SYS INC 111621108 4178 200 X 200 0 0
BRUNSWICK CORPORATION 117043109 19630 1000 X 1000 0 0
BUILDING MATERIALS HOLDING CORP 120113105 81185 8300 X 8300 0 0
BURLINGTON NORTHERN SANTA FE CORP 12189T104 477726 15725 X 15725 0 0
BURLINGTON RESOURCES INCORPORATED 122014103 53566 1197 X 1045 0 152
BUTLER MANUFACTURING COMPANY DEL 123655102 32292 1404 X 1404 0 0
CABOT CORPORATION 127055101 47250 1500 X 1500 0 0
CADENCE DESIGN SYSTEMS INCORPORATED 127387108 5917 320 X 0 0 320
CALGON CARBON CORPORATION 129603106 41514 5550 X 5550 0 0
CALLOWAY GOLF COMPANY 131193104 4442 200 X 200 0 0
CALPINE CORP 131347106 5507 100 X 100 0 0
CAMPBELL SOUP COMPANY 134429109 47792 1600 X 1600 0 0
CAPITAL ONE FINANCIAL CORPORATION 14040H105 12728870 229349 X 229149 0 200
CARDINAL HEALTH INCORPORATED 14149Y108 9092468 93979 X 89444 0 4535
CARLISLE COMPANIES INCORPORATED 142339100 208768 6400 X 6400 0 0
CARNIVAL CORPORATION 143658102 285112 10304 X 10304 0 0
CASEYS GENERAL STORES INCORPORATED 147528103 42378 3550 X 3550 0 0
CATELLUS DEVELOPMENT CORPORATION 149111106 2835 180 X 180 0 0
CATERPILLAR INCORPORATED 149123101 239652 5400 X 5400 0 0
CENDANT CORPORATION 151313103 14590 1000 X 1000 0 0
CENTRAL GARDEN & PET CO 153527106 42500 5000 X 5000 0 0
CH ENERGY GROUP INCORPORATED 12541M102 13275 300 X 300 0 0
CHARMING SHOPPES INCORPORATED 161133103 50838 9800 X 9800 0 0
CHELSEA GCA REALTY INCORPORATED 163421100 21100 500 X 500 0 0
CHEMED CORPORATION 163596109 17375 500 X 500 0 0
CHEVRON CORPORATION 166751107 2416695 27525 X 26725 0 800
CHOICEPOINT INCORPORATED 170388102 3042 90 X 90 0 0
CHUBB CORPORATION 171232101 309174 4268 X 4268 0 0
CIBER INCORPORATED 17163B102 1928 395 X 0 0 395
CIGNA CORPORATION 125509109 2684 25 X 25 0 0
CINERGY CORPORATION 172474108 15098 450 X 450 0 0
CIRRUS LOGIC INCORPORATED 172755100 17178 1150 X 1150 0 0
CISCO SYSTEMS INCORPORATED 17275R102 14140265 894246 X 864741 1600 27905
CITIGROUP INCORPORATED 172967101 25096501 557948 X 533367 0 24581
CITIZENS BANKING CORPORATION 174420109 5338 200 X 200 0 0
CITIZENS COMMUNICATIONS COMPANY 17453B101 12650 1000 X 1000 0 0
CNET NETWORKS INCORPORATED 12613R104 448 40 X 40 0 0
COCA COLA COMPANY 191216100 16440950 364060 X 355860 0 8200
COLGATE PALMOLIVE COMPANY 194162103 183849081 3326983 X 3321618 0 5365
COLONIAL BANCGROUP INCORPORATED 195493309 106600 8200 X 8200 0 0
COMCAST CORPORATION-CLASS A SPECIAL 200300200 146781 3500 X 3500 0 0
COMERICA INCORPORATED 200340107 61500 1000 X 1000 0 0
COMMSCOPE INCORPORATED 203372107 8340 500 X 500 0 0
COMMUNITY FIRST BANKSHARES INC 203902101 14131 700 X 700 0 0
COMPAQ COMPUTER CORPORATION 204493100 1633559 89756 X 89056 0 700
COMPASS BANCSHARES INCORPORATED 20449H109 6413 300 X 300 0 0
COMPUTERIZED THERMAL IMAGING INC 20557C108 92964 38100 X 8100 0 30000
CONAGRA INCORPORATED 205887102 125674 6890 X 6690 0 200
CONECTIV INCORPORATED 206829103 10925 500 X 500 0 0
CONOCO INCORPORATED-CLASS A 208251306 8430 300 X 300 0 0
CONSOLIDATED EDISON INCORPORATED 209115104 208168 5611 X 5611 0 0
CONSOLIDATED STORES CORPORATION 210149100 5528 550 X 550 0 0
CONSTELLATION ENERGY GROUP INC 210371100 19845 450 X 450 0 0
CONVERGYS CORP 212485106 187564 5200 X 5200 0 0
COOPER INDUSTRIES INCORPORATED 216669101 7760 232 X 232 0 0
CORN PRODUCTS INTERNATIONAL INC 219023108 1925 75 X 75 0 0
CORNERSTONE PROPANE PARTNERS L P 218916104 34379 2180 X 0 2180 0
CORNING INCORPORATED 219350105 160761 7770 X 6500 0 1270
CORVIS CORP 221009103 1252 178 X 178 0 0
COSTCO WHOLESALE CORPORATION NEW 22160K105 1592844 40582 X 40507 0 75
COUNTRYWIDE CREDIT INDUSTRIES INC 222372104 626005 12685 X 12500 0 185
COVANCE INCORPORATED 222816100 39193 3050 X 3050 0 0
COX COMMUNICATIONS INC NEW-CLASS A 224044107 52943 1190 X 1190 0 0
CRESCENT REAL ESTATE EQUITIESCO 225756105 28375 1250 X 1250 0 0
CRITICAL PATH INCORPORATED 22674V100 203 100 X 100 0 0
CROMPTON CORPORATION 227116100 5174 462 X 462 0 0
CROSS TIMBERS OIL COMPANY 227573102 37125 1500 X 1500 0 0
CSK AUTO CORPORATION 125965103 1380 200 X 200 0 0
CSX CORPORATION 126408103 49472 1468 X 1468 0 0
CYTEC INDUSTRIES INCORPORATED 232820100 62343 1947 X 1947 0 0
D P L INCORPORATED 233293109 3142620 111837 X 111837 0 0
DANA CORPORATION 235811106 6872 400 X 400 0 0
DARDEN RESTAURANTS INCORPORATED 237194105 38000 1600 X 1600 0 0
DATA RETURN CORP 23785M104 18426 6142 X 6142 0 0
DEERE & COMPANY 244199105 41973 1155 X 1120 0 35
DELL COMPUTER CORPORATION 247025109 7106062 276635 X 256987 300 19348
DELPHI AUTOMOTIVE SYS CORP 247126105 279007 19690 X 18853 698 139
DELUXE CORPORATION 248019101 1965 83 X 83 0 0
DEVON ENERGY CORPORATIOIN NEW 25179M103 37190 639 X 639 0 0
DISNEY WALT COMPANY 254687106 12195326 426410 X 412983 0 13427
DIXIE GROUP INCORPORATED-CLASS A 255519100 3125 1000 X 0 0 1000
DOLE FOOD COMPANY 256605106 101786 6330 X 6330 0 0
DOMINION RESOURCES INC VA NEW 25746U109 330925 5133 X 5055 0 78
DONNELLEY R R & SONS COMPANY 257867101 178296 6800 X 6800 0 0
DOVER CORPORATION 260003108 210596 5876 X 5876 0 0
DOW CHEMICAL COMPANY 260543103 428468 13572 X 13572 0 0
DQE INCORPORATED 23329J104 122430 4200 X 4200 0 0
DTE ENERGY COMPANY 233331107 720380 18100 X 18100 0 0
DU PONT E I DE NEMOURS & COMPANY 263534109 2773868 68154 X 60554 0 7600
DUKE ENERGY CORPORATION 264399106 1060850 24821 X 24821 0 0
DUN & BRADSTREET CORP DEL NEW 26483E100 6667 283 X 283 0 0
DURATEK INC 26658Q102 1175 400 X 400 0 0
DYNATRONICS CORPORATION 268157104 4266 1500 X 1500 0 0
DYNEGY INCORPORATED NEW-CLASS A 26816Q101 86717 1700 X 1700 0 0
EARTHGRAINS COMPANY 270319106 1190 56 X 56 0 0
EASTMAN CHEMICAL COMPANY 277432100 74814 1520 X 1358 0 162
EASTMAN KODAK COMPANY 277461109 163070 4088 X 3438 0 650
ECHELON CORPORATION 27874N105 1481 100 X 100 0 0
ECOLAB INCORPORATED 278865100 12903740 304190 X 299490 0 4700
EDISON INTERNATIONAL 281020107 15168 1200 X 1200 0 0
EDWARDS A G INCORPORATED 281760108 69375 1875 X 1875 0 0
EDWARDS LIFESCIENCES CORP 28176E108 7036 359 X 359 0 0
EFUNDS CORP 28224R101 866 45 X 45 0 0
EL PASO ENERGY CORPORATION DEL 28336L109 22592363 345978 X 340500 0 5478
ELECTRONIC DATA SYSTEMS CORPORATION 285661104 689592 12345 X 12345 0 0
ELXSI CORPORATION-COMMON NEW 268613205 215 20 X 20 0 0
EMC CORPORATION MASSACHUSETTS 268648102 5000440 170083 X 165033 0 5050
EMERSON ELECTRIC COMPANY 291011104 1097710 17705 X 17705 0 0
EMULEX CORPORATION-COMMON NEW 292475209 8466 450 X 450 0 0
ENGELHARD CORPORATION 292845104 86631 3350 X 3350 0 0
ENRON CORPORATION 293561106 700105 12050 X 12050 0 0
ENSCO INTERNATIONAL INCORPORATED 26874Q100 7000 200 X 200 0 0
ENTERGY CORPORATION NEW 29364G103 11742 309 X 309 0 0
EQUIFAX INCORPORATED 294429105 62500 2000 X 1000 1000 0
EQUITY RESIDENTIAL PPTYS TRUST-SBI 29476L107 4121504 79214 X 79214 0 0
EVEREST RE GROUP LIMITED G3223R108 33260 500 X 500 0 0
EXTENDED SYSTEMS INCORPORATED 301973103 3263 300 X 300 0 0
EXXON MOBIL CORPORATION 30231G102 47617308 587868 X 568017 847 19004
EZCORP INCORPORATED-CL A NON VOTING 302301106 3026 1345 X 1345 0 0
FACTSET RESH SYS INC 303075105 755 25 X 25 0 0
FANNIE MAE 313586109 8898723 111793 X 104143 0 7650
FEDERATED DEPARTMENT STORES INC NEW 31410H101 270075 6500 X 6500 0 0
FIBERMARK INCORPORATED 315646109 66657 5878 X 5878 0 0
FIRST DATA CORPORATION 319963104 376173 6300 X 6300 0 0
FIRST INDUSTRIAL REALTY TRUST INC 32054K103 101248 3200 X 3200 0 0
FIRST TENNESSEE NATIONAL CORP 337162101 21630 700 X 700 0 0
FIRST UNION CORPORATION 337358105 76494 2318 X 2318 0 0
FIRST W VA BANCORP INC 337493100 2508 190 X 190 0 0
FIRSTENERGY CORPORATION 337932107 4244 152 X 152 0 0
FLEETBOSTON FINL CORP 339030108 613777 16259 X 16259 0 0
FLUOR CORP NEW 343412102 8900 200 X 200 0 0
FORD MTR CO DEL 345370860 792590 28186 X 26186 0 2000
FORTUNE BRANDS INCORPORATED 349631101 65085 1892 X 1892 0 0
FOUNDRY NETWORKS INC 35063R100 54750 7300 X 7300 0 0
FPL GROUP INCORPORATED 302571104 224726 3666 X 3666 0 0
FRANCHISE FINANCE CORP AMERICA 351807102 53927 2164 X 2164 0 0
FRANKLIN RESOURCES INCORPORATED 354613101 375456 9600 X 9600 0 0
FREDDIE MAC 313400301 338413 5220 X 5220 0 0
FRIEDE GOLDMAN INTL INC 358430106 1397 570 X 0 0 570
GANNETT INCORPORATED 364730101 77636 1300 X 1300 0 0
GAP INCORPORATED 364760108 5397866 227566 X 221066 0 6500
GATEWAY INCORPORATED 367626108 8405 500 X 500 0 0
GENELABS TECHNOLOGIES INC 368706107 547 100 X 100 0 0
GENERAL COMMUNICATIONS INC-CLASS A 369385109 243603 27067 X 0 0 27067
GENERAL DYNAMICS CORPORATION 369550108 75288 1200 X 1200 0 0
GENERAL ELECTRIC COMPANY 369604103 2038297017 48693192 X 42852358 20580 5820254
GENERAL MILLS INCORPORATED 370334104 526873 12250 X 12250 0 0
GENERAL MOTORS CORPORATION 370442105 1730442 33374 X 31974 1000 400
GENERAL MOTORS CORPORATION CLASS H 370442832 18369 942 X 942 0 0
GENEVA STL HLDGS CORP 372257105 3423 2010 X 2010 0 0
GENOME THERAPEUTICS CORPORATION 372430108 4200 700 X 700 0 0
GENUINE PARTS COMPANY 372460105 309573 11948 X 11948 0 0
GENUITY INCORPORATED 37248E103 10782 5000 X 5000 0 0
GENZYME CORP-MOLECULAR ONCOLOGY DIV 372917500 58 7 X 7 0 0
GENZYME CORPORATION 372917708 39 7 X 7 0 0
GENZYME CORPORATION-GENERAL DIVISION 372917104 691928 7660 X 7660 0 0
GEORGIA PACIFIC CORP TIMBER GROUP 373298702 359496 12526 X 12526 0 0
GEORGIA PACIFIC GROUP 373298108 721829 24552 X 24552 0 0
GETTY IMAGES INCORPORATED 374276103 3225 200 X 200 0 0
GILLETTE COMPANY 375766102 884449 28375 X 27975 300 100
GLACIER BANCORP INCORPORATED 37637Q105 50529 3455 X 3455 0 0
GLENBOROUGH REALTY TRUST INC 37803P105 3671 211 X 211 0 0
GLOBALSTAR TELECOMMUNICATIONS G3930H104 586 1011 X 1011 0 0
GOLDMAN SACHS GROUP INCORPORATED 38141G104 85100 1000 X 1000 0 0
GOODRICH B F COMPANY 382388106 522331 13613 X 12913 0 700
GPU INCORPORATED 36225X100 12996 400 X 400 0 0
GRACE W R & COMPANY DELAWARE NEW 38388F108 9 4 X 4 0 0
GRAINGER W W INCORPORATED 384802104 23695 700 X 700 0 0
GRANITE CONSTR INC 387328107 32451 955 X 955 0 0
GREAT ATLANTIC & PACIFIC TEA INC 390064103 1830 200 X 200 0 0
GREAT NORTHERN IRON ORE PROPERTIES 391064102 5930 100 X 0 0 100
GREY WOLF INCORPORATED 397888108 25675 3950 X 3950 0 0
GUIDANT CORPORATION 401698105 9845792 218844 X 212389 0 6455
HALLIBURTON COMPANY 406216101 150675 4100 X 3000 0 1100
HANCOCK JOHN FINANCIAL SERVICES INC 41014S106 22070 574 X 0 0 574
HARLAND JOHN H COMPANY 412693103 54230 2900 X 2900 0 0
HARLEY DAVIDSON INCORPORATED 412822108 68310 1800 X 200 0 1600
HARRAHS ENTERTAINMENT INCORPORATED 413619107 58860 2000 X 2000 0 0
HCA-HEALTHCARE CO 404119109 28189 700 X 700 0 0
HEALTH CARE PROPERTIES INVS INC 421915109 246972 7281 X 7281 0 0
HEALTH CARE REIT INC 42217K106 8112 390 X 390 0 0
HEINZ H J COMPANY 423074103 1654994 41169 X 39969 0 1200
HEWLETT PACKARD COMPANY 428236103 8629238 275959 X 272269 0 3690
HEXCEL CORPORATION NEW 428291108 24875 2500 X 2500 0 0
HIBERNIA CORPORATION 428656102 2794 200 X 200 0 0
HILLENBRAND INDUSTRIES 431573104 77264 1600 X 1600 0 0
HILTON HOTELS CORPORATION 432848109 10450 1000 X 1000 0 0
HOME DEPOT INCORPORATED 437076102 17987526 417344 X 394386 0 22958
HOMESTAKE MINING COMPANY 437614100 6517 1239 X 1039 0 200
HONEYWELL INTERNATIONAL INCORPORATED 438516106 400166 9808 X 6946 0 2862
HOST MARRIOTT CORPORATION NEW 44107P104 32120 2750 X 2750 0 0
HOUSEHOLD INTERNATIONAL INCORPORATED 441815107 277065 4677 X 4377 0 300
HUGOTON ROYALTY TRUST TEXAS-UBI 444717102 31000 2000 X 2000 0 0
HUMANA INCORPORATED 444859102 10480 1000 X 1000 0 0
I-LINK CORPORATION 449927102 500 1000 X 1000 0 0
ICOS CORP 449295104 33250 700 X 700 0 0
ICU MEDICAL INCORPORATED 44930G107 38535 1101 X 0 0 1101
IDACORP INCORPORATED 451107106 880167 23035 X 22535 0 500
IKON OFFICE SOLUTIONS INCORPORATED 451713101 2280 400 X 400 0 0
ILLINOIS TOOL WORKS INCORPORATED 452308109 6878 121 X 121 0 0
IMATION CORPORATION 45245A107 2692 120 X 120 0 0
IMC GLOBAL INCORPORATED 449669100 23370 1900 X 1900 0 0
IMMUNEX CORPORATION NEW 452528102 4294 300 X 300 0 0
IMPERIAL CREDIT INDUSTRIES INC 452729106 1594 1700 X 1700 0 0
IMS HEALTH INCORPORATED 449934108 3287 132 X 132 0 0
INDYMAC MORTGAGE HOLDINGS INC 456607100 17531 610 X 610 0 0
INGERSOLL RAND COMPANY 456866102 198550 5000 X 5000 0 0
INNKEEPERS USA TRUST 4576J0104 103600 9250 X 9250 0 0
INPUT/OUTPUT INCORPORATED 457652105 57503 6150 X 6150 0 0
INTEGRATED DEVICE TECHNOLOGY INC 458118106 10334 349 X 349 0 0
INTEL CORPORATION 458140100 26750524 1016647 X 949287 560 66800
INTERCEPT GROUP INCORPORATED 45845L107 5125 200 X 0 0 200
INTERFACE INCORPORATED-CLASS A 458665106 47781 6950 X 6950 0 0
INTERGROUP CORPORATION 458685104 23759 1293 X 1293 0 0
INTERNATIONAL BUSINESS MACHINES CORP 459200101 20946273 217782 X 200317 200 17265
INTERNATIONAL PAPER COMPANY 460146103 135047 3743 X 3703 0 40
INTERNATIONAL RECTIFIER CORPORATION 460254105 14175 350 X 350 0 0
INTERPUBLIC GROUP COMPANIES INC 460690100 56334 1640 X 1640 0 0
INTUIT 461202103 8325 300 X 300 0 0
IOMEGA CORPORATION 462030107 46000 12500 X 12500 0 0
IONICS INCORPORATED 462218108 11024 424 X 424 0 0
ITRON INCORPORATED 465741106 5938 500 X 500 0 0
IVAX CORPORATION 465823102 2363 75 X 75 0 0
JDN REALTY CORPORATION 465917102 52580 4649 X 4649 0 0
JDS UNIPHASE CORP 46612J101 3528864 191396 X 182473 0 8923
JOHNSON & JOHNSON 478160104 14753040 168664 X 160819 0 7845
JOHNSON CONTROLS INCORPORATED 478366107 43097 690 X 690 0 0
JP MORGAN CHASE & CO 46625H100 13276975 295701 X 284294 0 11407
K MART CORPORATION 482584109 94000 10000 X 10000 0 0
KELLOGG COMPANY 487836108 41086 1520 X 1520 0 0
KEY ENERGY GROUP INCORPORATED 492914106 10700 1000 X 1000 0 0
KEY PRODUCTION INCORPORATED 493138101 6225 300 X 300 0 0
KEYCORP NEW 493267108 2471434 95792 X 95792 0 0
KIMBERLY CLARK CORPORATION 494368103 14910865 219827 X 211842 0 7985
KINDER MORGAN INC KANS 49455P101 579880 10900 X 10900 0 0
KNIGHT RIDDER INCORPORATED 499040103 16113 300 X 300 0 0
KROGER COMPANY 501044101 7320105 283835 X 283835 0 0
K2 INCORPORATED 482732104 20125 2300 X 2300 0 0
LABORATORY CORP AMER HLDGS 50540R409 6013 50 X 50 0 0
LAMAR ADVERTISING CO 512815101 4043 110 X 0 0 110
LCA VISION INCORPORATED-COMMON NEW 501803209 49 21 X 21 0 0
LEAR CORPORATION 521865105 26370 900 X 900 0 0
LEHMAN BROTHERS HOLDINGS INC 524908100 127908 2040 X 2040 0 0
LEVEL 3 COMMUNICATIONS INCORPORATED 52729N100 22588 1300 X 1300 0 0
LIBERTY PROPERTY TRUST-SH BEN INT 531172104 25416 900 X 900 0 0
LILLY ELI & COMPANY 532457108 894776 11672 X 7622 0 4050
LOCKHEED MARTIN CORPORATION 539830109 493040 13830 X 13830 0 0
LORAL SPACE & COMMUNICATIONS G56462107 13140 6000 X 6000 0 0
LOUISIANA PACIFIC CORPORATION 546347105 146072 15200 X 15200 0 0
LOWES COMPANIES INCORPORATED 548661107 133266 2280 X 2280 0 0
LSI LOGIC CORPORATION 502161102 420306 26720 X 25500 0 1220
LUCENT TECHNOLOGIES INCORPORATED 549463107 999552 100256 X 95330 776 4150
M & T BK CORP 55261F104 7759 111 X 111 0 0
MAGNETEK INCORPORATED 559424106 27819 2950 X 2950 0 0
MAGYAR TAVKOZLESI RT 559776109 1459 100 X 100 0 0
MANDALAY RESORT GROUP 562567107 202296 10130 X 10130 0 0
MANOR CARE INC NEW 564055101 53040 2600 X 2600 0 0
MARRIOTT INTERNATIONAL INC NEW-CL A 571903202 49416 1200 X 1000 0 200
MASSEY ENERGY GROUP 576206106 4784 200 X 200 0 0
MATTEL INCORPORATED 577081102 116428 6563 X 3412 0 3151
MAY DEPARTMENT STORES COMPANY 577778103 327232 9223 X 3823 0 5400
MAYTAG CORPORATION 578592107 25800 800 X 800 0 0
MBIA INCORPORATED 55262C100 322720 4000 X 4000 0 0
MBNA CORPORATION 55262L100 183043 5530 X 5530 0 0
MCDATA CORP 580031201 15119 801 X 627 0 174
MCDERMOTT INTERNATIONAL INCORPORATED 580037109 64515 5100 X 5100 0 0
MCDONALDS CORPORATION 580135101 814342 30672 X 30672 0 0
MCGRAW HILL COMPANIES INCORPORATED 580645109 14778466 247753 X 239978 0 7775
MCKESSON HBOC INCORPORATED 58155Q103 6955 260 X 260 0 0
MCN CORPORATION 55267J100 165120 6400 X 6400 0 0
MEDIA GENERAL INCORPORATED-CLASS A 584404107 13830 300 X 300 0 0
MEDIMMUNE INCORPORATED 584699102 64575 1800 X 1800 0 0
MEDTRONIC INCORPORATED 585055106 4424293 96727 X 86732 0 9995
MELLON FINL CORP 58551A108 271484 6700 X 6700 0 0
MERCK & COMPANY INCORPORATED 589331107 36520575 481167 X 461262 0 19905
MERCURY GENERAL CORPORATION NEW 589400100 4550 140 X 140 0 0
MERISTAR HOSPITALITY CORPORATION 58984Y103 7440 372 X 372 0 0
MERIT MEDICAL SYSTEMS INCORPORATED 589889104 6188 1000 X 1000 0 0
MERRILL LYNCH & COMPANY INCORPORATED 590188108 202764 3660 X 1900 0 1760
METALCLAD CORPORATION 591142203 76237 59500 X 59500 0 0
METLIFE INCORPORATED 59156R108 301 10 X 10 0 0
METROMEDIA INTERNATIONAL GROUP INC 591695101 372 119 X 119 0 0
MGM GRAND INCORPORATED 552953101 75852 3022 X 2822 0 200
MICHAELS STORES INCORPORATED 594087108 23950 800 X 800 0 0
MICRON ELECTRONICS INCORPORATED 595100108 714 425 X 0 0 425
MICRON TECHNOLOGY INCORPORATED 595112103 443873 10688 X 9688 0 1000
MICROSOFT CORPORATION 594918104 28599375 522960 X 504443 200 18317
MID AMERICA APARTMENT CMNTYS INC 59522J103 22480 1000 X 850 0 150
MID ATLANTIC REALTY TRUST-SH BEN INT 595232109 340000 27200 X 27200 0 0
MILACRON INCORPORATED 598709103 53425 2950 X 2950 0 0
MILLS CORPORATION 601148109 20890 1000 X 1000 0 0
MINING SVCS INTL CORP 603665209 3 2 X 2 0 0
MINNESOTA MINING & MANUFACTURING CO 604059105 279075 2686 X 2486 0 200
MONTANA POWER COMPANY 612085100 234201 16610 X 16200 0 410
MONY GROUP INCORPORATED 615337102 87847 2646 X 2646 0 0
MOODYS CORP 615369105 15599 566 X 566 0 0
MORGAN STANLEY DEAN WITTER DISCOVER 617446448 11031433 206195 X 196433 0 9762
MOTOROLA INCORPORATED 620076109 2521125 176797 X 154277 0 22520
MYLAN LABORATORIES INCORPORATED 628530107 591448 22880 X 22880 0 0
MYRIAD GENETICS INCORPORATED 62855J104 9127 225 X 0 0 225
NASDAQ 100 TR 631100104 666803 17032 X 17032 0 0
NATIONAL CITY CORPORATION 635405103 5350 200 X 200 0 0
NATIONWIDE HEALTH PROPERTIES INC 638620104 194272 11640 X 11440 0 200
NCR CORPORATION-NEW 62886E108 29155 747 X 685 0 62
NETMANAGE INCORPORATED 641144100 291 300 X 300 0 0
NETWORK APPLIANCE INCORPORATED 64120L104 5044 300 X 300 0 0
NEW PLAN EXCEL REALTY TRUST INC 648053106 41600 2600 X 2600 0 0
NEW YORK TIMES COMPANY-CLASS A 650111107 16388 400 X 400 0 0
NEWELL RUBBERMAID INC 651229106 339227 12801 X 12801 0 0
NEWMONT MINING CORPORATION 651639106 7673 476 X 476 0 0
NEWPORT CORP 651824104 2195 75 X 75 0 0
NEXTEL COMMUNICATIONS INC-CLASS A 65332V103 4313 300 X 300 0 0
NISOURCE INCORPORATED 65473P105 12448 400 X 400 0 0
NL INDUSTRIES INCORPORATED-COM NEW 629156407 38640 2300 X 2300 0 0
NOBLE AFFILIATES INCORPORATED 654894104 121017 2900 X 2900 0 0
NORDSTROM INCORPORATED 655664100 148148 9100 X 9100 0 0
NORFOLK SOUTHERN CORPORATION 655844108 139812 8352 X 8352 0 0
NORTH AMERICAN SCIENTIFIC INC 65715D100 6338 600 X 600 0 0
NORTH FORK BANCORPORATION INC N Y 659424105 7785 300 X 300 0 0
NORTHERN TRUST CORPORATION 665859104 341563 5465 X 5465 0 0
NORTHRIM BANK ALASKA 666764105 6431 525 X 525 0 0
NORTHWEST AIRLINES CORPORATION-CL A 667280101 11313 500 X 0 0 500
NORTHWEST NATURAL GAS COMPANY 667655104 29400 1225 X 1225 0 0
NORTHWESTERN CORPORATION 668074107 73500 3000 X 3000 0 0
NOVELLUS SYSTEMS INCORPORATED 670008101 16225 400 X 400 0 0
OCCIDENTAL PETROLEUM CORPORATION 674599105 7425 300 X 300 0 0
OFFICEMAX INCORPORATED 67622M108 71250 19000 X 19000 0 0
OGE ENERGY CORPORATION 670837103 45980 2000 X 2000 0 0
OLIN CORPORATION-COMMON PAR $1.00 680665205 97872 4800 X 4800 0 0
OMNI ENERGY SERVICES CORPORATION 68210T109 406 250 X 250 0 0
OMNICARE INCORPORATED 681904108 58988 2750 X 2750 0 0
OMNICOM GROUP 681919106 99456 1200 X 1200 0 0
ORACLE CORPORATION 68389X105 15826160 1056486 X 1017191 0 39295
ORBITAL SCIENCES CORPORATION 685564106 2400 400 X 400 0 0
OUTBACK STEAKHOUSE INCORPORATED 689899102 28006 1100 X 1100 0 0
PACTIV CORPORATION 695257105 61156 5050 X 5050 0 0
PAN PAC RETAIL PPTYS INC 69806L104 1373 62 X 62 0 0
PAR TECHNOLOGY CORPORATION 698884103 370 200 X 0 0 200
PARK PL ENTMT CORP 700690100 13325 1300 X 1300 0 0
PAXAR CORP 704227107 24375 1950 X 1950 0 0
PAYLESS SHOESOURCE INCORPORATED 704379106 35856 576 X 0 0 576
PENNEY J C INCORPORATED 708160106 223061 13950 X 10950 0 3000
PENNZOIL-QUAKER ST CO 709323109 75236 5374 X 5374 0 0
PENTON MEDIA INCORPORATED 709668107 20690 1422 X 1422 0 0
PEOPLES ENERGY CORPORATION 711030106 265599 6833 X 6833 0 0
PEPSICO INCORPORATED 713448108 15541687 353622 X 340452 0 13170
PFIZER INCORPORATED 717081103 27800382 678886 X 646146 0 32740
PHARMACEUTICAL HOLDRS TR-DEP TR 71712A206 19140 200 X 200 0 0
PHARMACEUTICAL PRODUCT DEV INC 717124101 640300 15200 X 15200 0 0
PHARMACIA CORP 71713U102 4864181 96569 X 88474 0 8095
PHELPS DODGE CORPORATION 717265102 26559 661 X 536 0 125
PHILIP MORRIS COS INCORPORATED 718154107 3904993 82297 X 81652 0 645
PHILLIPS PETROLEUM COMPANY 718507106 14991491 272325 X 267565 0 4760
PINNACLE WEST CAPITAL CORPORATION 723484101 88529 1930 X 1930 0 0
PLUM CREEK TIMBER COMPANY INC 729251108 33880 1400 X 1400 0 0
PNC FINANCIAL CORPORATION 693475105 65785 971 X 971 0 0
POLYONE CORP 73179P106 26390 2900 X 2900 0 0
POTLATCH CORPORATION 737628107 15975 500 X 500 0 0
POTOMAC ELECTRIC POWER COMPANY 737679100 92959 3976 X 3976 0 0
POWELL INDS INC 739128106 14500 1000 X 1000 0 0
PP & L RESOURCES INCORPORATED 69351T106 5759 131 X 131 0 0
PPG INDUSTRIES INCORPORATED 693506107 446243 9682 X 9682 0 0
PRAXAIR INCORPORATED 74005P104 487801 10925 X 10925 0 0
PRECISION CASTPARTS CORPORATION 740189105 142115 4300 X 4300 0 0
PROCTER & GAMBLE COMPANY 742718109 3005489 48011 X 44411 800 2800
PROGRESS ENERGY INC 743263105 81876 1901 X 1901 0 0
PTEK HOLDINGS INCORPORATED 69366M104 2625 1000 X 1000 0 0
PUBLIC SERVICE CO NEW MEXICO 744499104 14650 505 X 505 0 0
PUBLIC SERVICE ENTERPRISE GROUP 744573106 235740 5462 X 5462 0 0
PUBLIC STORAGE INCORPORATED 74460D109 189656 7225 X 5144 1507 574
PUGET SOUND ENERGY INCORPORATED 745310102 164507 7190 X 7190 0 0
PURCHASEPRO COM INCORPORATED 746144104 9382 1294 X 1294 0 0
PYR ENERGY CORP 693677106 3510 600 X 0 0 600
QUAKER CHEMICAL CORP 747316107 166286 9400 X 9400 0 0
QUAKER OATS COMPANY 747402105 930904 9592 X 4592 0 5000
QUALCOMM INCORPORATED 747525103 509625 9000 X 9000 0 0
QUEST DIAGNOSTICS INCORPORATED 74834L100 22218 250 X 250 0 0
QUESTAR CORPORATION 748356102 132947896 4852113 X 4844113 0 8000
QWEST COMMUNICATIONS INTL INC 749121109 16384508 467461 X 452478 0 14983
R H DONNELLEY CORP 74955W307 377 13 X 13 0 0
RADIOSHACK CORP 750438103 35406 965 X 0 0 965
RALCORP HOLDINGS INCORPORATED NEW 751028101 8950 500 X 500 0 0
RAYTHEON COMPANY-CLASS A 755111309 36880 1263 X 1251 0 12
RAYTHEON COMPANY-CLASS B 755111408 73156 2490 X 2460 0 30
READERS DIGEST ASSN INC-CL A NON VTG 755267101 401208 14600 X 14600 0 0
REALTY INCOME CORPORATION 756109104 58539 2209 X 2209 0 0
RED HAT INC 756577102 85 14 X 14 0 0
REGIONS FINANCIAL CORPORATION 758940100 5688 200 X 200 0 0
REGIS CORPORATION MINNESOTA 758932107 44606 3050 X 3050 0 0
RELIANT ENERGY INCORPORATED 75952J108 610875 13500 X 13500 0 0
REYNOLDS & REYNOLDS COMPANY 761695105 127801 6639 X 6639 0 0
RITE AID CORPORATION 767754104 10035 1500 X 1500 0 0
ROCHESTER MED CORP 771497104 29250 6000 X 6000 0 0
ROHM & HAAS COMPANY 775371107 11122 361 X 361 0 0
ROPER INDS INC NEW 776696106 17900 500 X 500 0 0
ROWAN COMPANIES INCORPORATED 779382100 1101375 40050 X 39850 0 200
ROYAL CARIBBEAN CRUISES LTD V7780T103 4610 200 X 200 0 0
RTI INTERNATIONAL METALS INC 74973W107 43040 3200 X 3200 0 0
SABINE ROYALTY TRUST-UNIT BEN INT 785688102 6420 300 X 0 0 300
SABRE GROUP HOLDINGS INC 785905100 13343 289 X 289 0 0
SAFEWAY INCORPORATED-COMMON NEW 786514208 545434 9890 X 9890 0 0
SANMINA CORPORATION 800907107 4617 236 X 0 0 236
SANTA FE INTERNATIONAL CORPORATION G7805C108 3250 100 X 100 0 0
SARA LEE CORPORATION 803111103 810674 37566 X 37566 0 0
SBC COMMUNICATIONS INCORPORATED 78387G103 18912543 423763 X 399553 200 24010
SBS BROADCASTING SA L8137F102 2015 104 X 0 0 104
SCHERING PLOUGH CORPORATION 806605101 11561380 316490 X 271790 0 44700
SCHWAB CHARLES CORPORATION NEW 808513105 1542 100 X 100 0 0
SCHWEITZER MAUDUIT INTERNATIONAL INC 808541106 17085 968 X 968 0 0
SCIENTIFIC ATLANTA INCORPORATED 808655104 4159 100 X 100 0 0
SEARS ROEBUCK & COMPANY 812387108 183051 5190 X 3750 0 1440
SENIOR HOUSING PROPERTIES TRUST-SBI 81721M109 609 54 X 54 0 0
SENSORMATIC ELECTRONICS CORPORATION 817265101 7600 400 X 400 0 0
SEPRACOR INCORPORATED 817315104 3200 100 X 100 0 0
SERVICEMASTER COMPANY 81760N109 9546 850 X 450 0 400
SHERWIN WILLIAMS COMPANY 824348106 300664 11800 X 11800 0 0
SHURGARD STORAGE CTRS INC-CLASS A 82567D104 142824 5410 X 5260 0 150
SIEBEL SYSTEMS INCORPORATED 826170102 653344 24020 X 23660 0 360
SIERRA HEALTH SERVICES INCORPORATED 826322109 4560 1000 X 1000 0 0
SIERRA PACIFIC RESOURCES NEW 826428104 40419 2731 X 2731 0 0
SIGMA ALDRICH CORPORATION 826552101 19150 400 X 400 0 0
SILICON GRAPHICS INCORPORATED 827056102 3940 1000 X 0 0 1000
SIMON PROPERTY GROUP 828806109 17203 672 X 672 0 0
SIZELER PROPERTY INVESTORS INC 830137105 19404 2200 X 1800 0 400
SKY FINL GROUP INC 83080P103 6194 363 X 363 0 0
SKYWEST INCORPORATED 830879102 2632551 113228 X 113228 0 0
SODEXHO MARRIOTT SERVICES INC 833793102 4358 150 X 125 0 25
SOLECTRON CORPORATION 834182107 43495 2288 X 2288 0 0
SOLUTIA INCORPORATED 834376105 41834 3429 X 2020 0 1409
SOTHEBYS HOLDINGS INCORPORATED-CL A 835898107 77154 4200 X 4200 0 0
SOUTHERN COMPANY 842587107 302967 8634 X 8414 0 220
SOUTHERN MO BANCORP INC 843380106 1388 100 X 100 0 0
SOUTHTRUST CORPORATION 844730101 9150 200 X 200 0 0
SOUTHWEST AIRLINES COMPANY 844741108 44233 2492 X 1987 0 505
SOUTHWEST GAS CORPORATION 844895102 3294 158 X 158 0 0
SOVEREIGN BANCORP INC 845905108 44885 5300 X 5300 0 0
SPAIN FD INC 846330108 2760 300 X 0 0 300
SPDR TRUST-UNIT SERIES 1 78462F103 1405181 12042 X 12042 0 0
SPIEKER PROPERTIES INCORPORATED 848497103 9873 180 X 180 0 0
SPRINT CORPORATION 852061100 886615 40319 X 36319 0 4000
SPRINT CORPORATION-PCS GROUP 852061506 371412 19548 X 17548 0 2000
ST JUDE MEDICAL INCORPORATED 790849103 1992 37 X 37 0 0
ST PAUL COMPANIES INCORPORATED 792860108 433584 9843 X 9843 0 0
STANCORP FINANCIAL GROUP INC 852891100 15114 359 X 359 0 0
STAR GAS PARTNERS L P 85512C105 34595 1850 X 0 1850 0
STARWOOD HOTELS & RESORTS WORLDWIDE 85590A203 31459 925 X 925 0 0
STATE STREET CORPORATION 857477103 405356 4340 X 4290 0 50
STATION CASINOS INCORPORATED 857689103 41430 3000 X 1500 0 1500
STERIS CORP 859152100 29610 2100 X 2100 0 0
STRUCTURAL DYNAMICS RESEARCH CORP 863555108 13493 950 X 950 0 0
STRYKER CORPORATION 863667101 96663 1850 X 1850 0 0
SUN MICROSYSTEMS INCORPORATED 866810104 9889319 643417 X 613583 0 29834
SUNOCO INCORPORATED 86764P109 27047 834 X 834 0 0
SUPERIOR ENERGY SERVICES INC 868157108 47306 4350 X 4350 0 0
SUSQUEHANNA BANCSHARES INC PA 869099101 3600 200 X 200 0 0
SWIFT TRANSPORTATION INCORPORATED 870756103 2775 150 X 150 0 0
SYNAVANT INC 87157A105 27 6 X 6 0 0
SYSTEMS & COMPUTER TECHNOLOGY CORP 871873105 27563 3000 X 3000 0 0
TARGET CORPORATION 87612E106 15637505 433412 X 433362 0 50
TARRAGON REALTY INVESTORS INC-REIT 876287103 43095 4080 X 4080 0 0
TECHNE CORPORATION 878377100 9144 350 X 0 0 350
TECHNOLOGY SECTOR SPDR TR 81369Y803 542550 21877 X 21677 0 200
TECO ENERGY INCORPORATED 872375100 8988 300 X 300 0 0
TEEKAY SHIPPING CORPORATION Y8564W103 85200 2000 X 2000 0 0
TELEFLEX INCORPORATED 879369106 36855 900 X 900 0 0
TELLABS INCORPORATED 879664100 116570 2865 X 0 0 2865
TENFOLD CORP 88033A103 1219 3900 X 3900 0 0
TEREX CORPORATION NEW 880779103 58123 3350 X 3350 0 0
TETRA TECH INCORPORATED NEW 88162G103 12312 608 X 608 0 0
TEXACO INCORPORATED 881694103 10077329 151767 X 148767 0 3000
TEXAS INSTRUMENTS INCORPORATED 882508104 1183715 38209 X 32914 0 5295
TEXTRON INCORPORATED 883203101 142100 2500 X 2500 0 0
THERMO ELECTRON CORPORATION 883556102 50198 2233 X 2233 0 0
THERMO FIBERTEK INC 88355W105 4409 1065 X 1065 0 0
TIOGA TECHNOLOGIES LTD M8789G100 106 170 X 0 0 170
TITANIUM METALS CORPORATION 888339108 36653 4050 X 4050 0 0
TOYS R US INCORPORATED 892335100 67770 2700 X 2700 0 0
TRANSOCEAN SEDCC FREX INCORPORATED G90078109 746227 17214 X 16315 0 899
TRI CONTINENTAL CORPORATION 895436103 11012 533 X 533 0 0
TRIANGLE PHARMACEUTICALS INC 89589H104 5750 1000 X 1000 0 0
TRICO BANCSHARES 896095106 1638 100 X 100 0 0
TRICON GLOBAL RESTAURANTS INC 895953107 102044 2672 X 2572 0 100
TWIN DISC INC 901476101 9354 650 X 650 0 0
TXU CORP 873168108 1183983 28654 X 24234 100 4320
TYCO INTERNATIONAL LTD-NEW 902124106 14457452 334431 X 308161 0 26270
UAL CORPORATION-COMMON PAR $0.01 902549500 7403 224 X 224 0 0
ULTRAMAR DIAMOND SHAMROCK CORP 904000106 86832 2400 X 2400 0 0
UMB FINANCIAL CORPORATION 902788108 55708 1466 X 1466 0 0
UNION PACIFIC CORPORATION 907818108 8615700 153168 X 146848 0 6320
UNISYS CORPORATION 909214108 3192 228 X 228 0 0
UNITED PARCEL SERVICE 911312106 87057 1530 X 500 0 1030
UNITED TECHNOLOGIES CORPORATION 913017109 1652768 22548 X 22548 0 0
UNITEDHEALTH GROUP INCORPORATED 91324P102 225188 3800 X 3800 0 0
UNIVISION COMMUNICATIONS INC 914906102 105894 2775 X 0 0 2775
UNOCAL CORPORATION 915289102 51371 1486 X 1486 0 0
US BANCORP DEL 902973304 1372535 59161 X 26732 0 32429
US FREIGHTWAYS CORPORATION 916906100 82688 2625 X 2625 0 0
USX MARATHON GROUP-COMMON NEW 902905827 41665 1546 X 1546 0 0
USX U S STEEL GROUP 90337T101 1058 72 X 72 0 0
UTAH MEDICAL PRODUCTS INCORPORATED 917488108 13500 1500 X 1500 0 0
UTILICORP UNITED INCORPORATED 918005109 399808 12355 X 12255 0 100
VALERO ENERGY CORPORATION 91913Y100 95850 2700 X 2700 0 0
VERITAS SOFTWARE CORPORATION 923436109 725737 15695 X 15465 0 230
VERITY INCORPORATED 92343C106 14407 635 X 635 0 0
VERIZON COMMUNICATIONS 92343V104 5983196 121363 X 111103 0 10260
VIACOM INCORPORATED-CLASS A 925524100 52377 1177 X 1102 0 75
VIACOM INCORPORATED-CLASS B 925524308 2355605 53573 X 51778 0 1795
VICINITY CORPORATION 925653107 36517 20500 X 20500 0 0
VISTEON CORP 92839U107 54851 3647 X 3386 0 261
VIVUS INCORPORATED 928551100 668 150 X 0 0 150
VORNADO OPERATION COMPANY 92904N103 2250 750 X 750 0 0
VORNADO REALTY TRUST-REIT 929042109 537450 15000 X 15000 0 0
VULCAN MATERIALS COMPANY 929160109 35123 750 X 750 0 0
WAL MART STORES INCORPORATED 931142103 24622033 487565 X 465555 0 22010
WALGREEN COMPANY 931422109 15836520 388150 X 379075 0 9075
WASHINGTON FEDERAL INCORPORATED 938824109 91864 3740 X 3740 0 0
WASHINGTON GROUP INTL INC 938862109 25662 16450 X 16450 0 0
WASHINGTON MUTUAL INCORPORATED 939322103 38654 706 X 706 0 0
WASHINGTON POST COMPANY - CLASS B 939640108 23120 40 X 40 0 0
WATSON PHARMACEUTICALS INCORPORATED 942683103 16779 319 X 319 0 0
WD 40 COMPANY 929236107 4000 200 X 200 0 0
WEATHERFORD INTERNATIONAL INC NEW 947074100 98700 2000 X 2000 0 0
WELLS FARGO & COMPANY NEW 949746101 142990413 2890447 X 2527591 0 362856
WENDYS INTERNATIONAL INCORPORATED 950590109 41292 1850 X 1850 0 0
WESTERN RESOURCES INCORPORATED 959425109 2385 100 X 100 0 0
WESTVACO CORPORATION 961548104 84805 3500 X 3500 0 0
WEYERHAEUSER COMPANY 962166104 448476 8830 X 8830 0 0
WGL HLDGS INC 92924F106 331800 12000 X 12000 0 0
WILLIAMS COMPANIES INCORPORATED 969457100 52920 1235 X 1100 0 135
WILMINGTON TRUST CORPORATION 971807102 5908 100 X 100 0 0
WISCONSIN ENERGY CORPORATION 976657106 34528 1600 X 1600 0 0
WOLVERINE TUBE INCORPORATED 978093102 6325 500 X 500 0 0
WORLDCOM INC 98157D106 11138105 596019 X 562356 150 33513
WPS RESOURCES CORPORATION 92931B106 6826 200 X 200 0 0
WVS FINL CORP 929358109 2525 200 X 200 0 0
XCEL ENERGY INC. 98389B100 1553375 51590 X 51590 0 0
XEROX CORPORATION 984121103 52712 8800 X 8800 0 0
XILINX INCORPORATED 983919101 102425 2916 X 2916 0 0
XO COMMUNICATIONS INC 983764101 23800 3400 X 3400 0 0
YAHOO INCORPORATED 984332106 89114 5658 X 4270 0 1388
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR COMMON STOCK 3458835569 83994975 76208542 41531 7744902

FOREIGN COMMON STOCK
------------------------------

AEGON N V-SP ADR 007924103 25527 873 X 873 0 0
ALCATEL ALSTHOM-SP ADR RPSTG 1/5 SH 013904305 16364 569 X 488 0 81
AXA-UAP -SPONSORED ADR 054536107 8213 150 X 150 0 0
BARRICK GOLD CORPORATION 067901108 11160 781 X 781 0 0
BP AMOCO PLC-SPONSORED ADR 055622104 10331926 208221 X 207140 0 1081
CABLE & WIRELESS PLC-ADR 126830207 6180 300 X 200 0 100
COREL CORPORATION 21868Q109 2438 1000 X 1000 0 0
DAIMLERCHRYSLER AG-ORD D1668R123 19883 446 X 446 0 0
ELAN CORPORATION PLC-SPONS ADR 284131208 646803 12379 X 12329 0 50
ERICSSON L M TEL CO-ADR CL B SEK 10 294821400 15103 2700 X 2700 0 0
FIRST AUSTRALIA PRIME INCOME FD INC 318653102 15057 3841 X 3841 0 0
FLEXTRONICS INTL LTD Y2573F102 349710 23314 X 21869 0 1445
FRESENIUS MED CARE-SP ADR 358029106 1137 50 X 50 0 0
GALLAHER GROUP PLC-SPONSORED ADR 363595109 9274 384 X 384 0 0
GLAXO WELLCOME PLC-SPONSORED ADR 37733W105 980991 18757 X 18757 0 0
GLOBAL CROSSING LIMITED G3921A100 4722 350 X 350 0 0
MANULIFE FINL CORP 56501R106 429977 16287 X 16287 0 0
NEWS CORPORATION LIMITED-ADR NEW 652487703 3140 100 X 0 0 100
NIPPON TELEG & TELE-SP ADR 654624105 2421 75 X 0 0 75
NOKIA CORPORATION-SPONSORED ADR 654902204 291360 12140 X 9550 0 2590
NORTEL NETWORKS CORP NEW 656568102 1970203 140228 X 132808 0 7420
ORCKIT COMMUNICATIONS LIMITED-ORD M7531S107 207 170 X 0 0 170
PLACER DOME INCORPORATED 725906101 2811 325 X 325 0 0
POTASH CORP SASK INCORPORATED 73755L107 83824 1445 X 1445 0 0
PREMIER FARNELL PLC-SPNSRD ADR 74050U206 11383 612 X 612 0 0
PT INDOSAT ADR 715680104 3048 400 X 400 0 0
ROYAL BK SCOTLAND-SPONSRD ADR I 780097861 89250 3500 X 2500 0 1000
ROYAL DUTCH PETE CO - NY REG 5 GLDR 780257804 6120742 110403 X 107203 0 3200
SAP AKTIENGESELLSCHAFT-SPONSORED ADR 803054204 23192 800 X 800 0 0
SCHLUMBERGER LIMITED 806857108 4210888 73093 X 68428 0 4665
SCOTTISH PWR PLC-SPNSDR ADR FIN INSL 81013T705 1262309 48143 X 47630 0 513
SERONO S A 81752M101 80800 4000 X 4000 0 0
SHELL TRANS & TRADING PLC-NY SHS NEW 822703609 2303649 49297 X 49297 0 0
SUN LIFE FINL SVCS CDA INC 866796105 51888 2676 X 2676 0 0
TELECOM CORP NEW ZEALAND LTD-SP ADR 879278208 3690 200 X 200 0 0
TELEFONOS DE MEXICO S A-SPNSD ADR 879403780 23655 750 X 750 0 0
TRANSCANADA PIPELINES LIMITED 893526103 3669 300 X 300 0 0
VIVENDI UNIVERSAL 92851S204 56045 828 X 828 0 0
VODAFONE GROUP PLC NEW 92857W100 659745 24300 X 24300 0 0
XCELERA COM INCORPORATED G31611109 4250 1000 X 1000 0 0
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR FOREIGN COMMON STOCK 30136634 765187 742697 0 22490

RIGHTS AND WARRANTS
------------------------------

WASHINGTON GROUP INTL INC 938862117 152 276 X 201 0 75
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR RIGHTS AND WARRANTS 152 276 201 0 75

PREFERRED STOCK
------------------------------

BARCLAYS BK PLC-PFD SER E 8.000% 06738C836 27002 1047 X N.A. N.A. N.A.
CMS ENERGY CORP 125896308 122544 3600 X N.A. N.A. N.A.
FREEPORT MCMORAN COPPER GO-PFD DEP 35671D501 2830 200 X N.A. N.A. N.A.
OWENS ILLINOIS INC-PFD CONV 4.75% 690768502 225388 12350 X N.A. N.A. N.A.
ROYAL BK SCOTLAND-SPONSRD ADR J PFD 780097853 328125 12500 X N.A. N.A. N.A.
SEALED AIR-PFD CONV SERIES A $2 81211K209 178480 4850 X N.A. N.A. N.A.
WAVE SYSTEMS CORPCL A 943526103 9125 2000 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR PREFERRED STOCK 893494 36547 N.A. N.A. N.A.

CONVERTIBLE PREFERRED STOCK
------------------------------

AMERICAN HOME PRODS CORP-PFD CONV $2 026609206 90000 60 X N.A. N.A. N.A.
ATLANTIC RICHFIELD CO-PFD CONV $2.80 048825400 162630 417 X N.A. N.A. N.A.
KMART FINANCING TRUST-CONV PFD 7.75% 498778208 28651 700 X N.A. N.A. N.A.
RECKSON ASSOCS RLTY CORP 75621K205 18361 854 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR CONVERTIBLE PREFERRED STOCK 299642 2031 N.A. N.A. N.A.

CORPORATE BONDS
------------------------------

KENT ELECTRONICS CORP 4.5% 9/01/04 * 490553AA2 13633 14000 X N.A. N.A. N.A.
KERR MCGEE CORP 7.5% 5/15/14 * 492386AL1 380000 380000 X N.A. N.A. N.A.
LSI LOGIC CORP 4% 2/15/05 * 502161AE2 317500 400000 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR CORPORATE BONDS 711133 794000 N.A. N.A. N.A.

CONVERTIBLE CORPORATE BONDS
------------------------------

AMERN RET-CONV DEB 5.75% 10/01/02 * 028913AA9 124100 170000 X N.A. N.A. N.A.
BAKER J INC 7% 6/01/02 * 057232AA8 14195 17000 X N.A. N.A. N.A.
NATIONAL DATA CORP 5% 11/01/03 * 635621AA3 138000 150000 X N.A. N.A. N.A.
ROBBINS & MYERS-CONV 6.5% 9/01/03 * 770196AA1 193325 190000 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR CONVERTIBLE CORPORATE BONDS 469620 527000 N.A. N.A. N.A.

MUTUAL FD/INV TRUSTS-EQUITY
------------------------------

AMERICAN INDL PPTYS REIT * 026791202 8616 680 X N.A. N.A. N.A.
AMERICAN SELECT PORTFOLIO INC * 029570108 12200 1000 X N.A. N.A. N.A.
AMERN STRATEGIC INCOME PRTFL INC III * 03009T101 94480 8000 X N.A. N.A. N.A.
BANCROFT CONV FD INC * 059695106 32101 1525 X N.A. N.A. N.A.
BLACKROCK INCOME TRUST INCORPORATED * 09247F100 7120 1000 X N.A. N.A. N.A.
DEBT STRATEGIES FD INC NEW * 24276Q109 14575 2030 X N.A. N.A. N.A.
DUFF & PHELPS SELECTED UTILS INCOME * 264324104 66150 6300 X N.A. N.A. N.A.
EMERGING MKTS INCOME FD II INC * 290920107 72293 5950 X N.A. N.A. N.A.
EQUITY INCOME FD-UNIT 1ST EXCH AT&T * 294700703 142968 1079 X N.A. N.A. N.A.
GABELLI EQUITY TR INC * 362397101 23430 2200 X N.A. N.A. N.A.
GABELLI UTILITY TRUST * 36240A101 1848 220 X N.A. N.A. N.A.
LIBERTY ALL STAR EQUITY FD - SBI * 530158104 52038 4248 X N.A. N.A. N.A.
MFS CHARTER INCOME TRUST-SH BEN INT * 552727109 32376 3523 X N.A. N.A. N.A.
MIDCAP S & P DEP RECPT TR-UNIT SER 1 * 595635103 589196 6981 X N.A. N.A. N.A.
MSDW-HIGH INCOME ADVANTAGE TR * 61745P205 4900 1400 X N.A. N.A. N.A.
MSDW-HIGH INCOME ADVANTAGE TR III * 61745P403 2875 1150 X N.A. N.A. N.A.
OPPENHEIMER MULTI-SECTOR INCOME TR * 683933105 8570 1000 X N.A. N.A. N.A.
PUTNAM TAX FREE HEALTH CARE FUND-SBI * 746920107 66157 5089 X N.A. N.A. N.A.
RCM STRATEGIC GLOBAL GOVT FD INC * 74936A101 26471 2521 X N.A. N.A. N.A.
SALOMON BROTHERS FUND INCORPORATED * 795477108 27569 2005 X N.A. N.A. N.A.
SALOMON BROTHERS HIGH INCOME FUND II * 794907105 35580 3000 X N.A. N.A. N.A.
SOURCE CAPITAL INCORPORATED * 836144105 71700 1486 X N.A. N.A. N.A.
TCW CONV SECS FD INC * 872340104 57900 6000 X N.A. N.A. N.A.
TEMPLETON EMERGING MARKETS INCOME * 880192109 10296 1056 X N.A. N.A. N.A.
VAN KAMPEN AMERN CAP INCOME TR * 920957107 75790 11000 X N.A. N.A. N.A.
ZWEIG FUND INCORPORATED * 989834106 18145 1900 X N.A. N.A. N.A.
ZWEIG TOTAL RETURN FUND INC * 989837109 6990 1000 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR MUTUAL FD/INV TRUSTS-EQUITY 1562334 83343 N.A. N.A. N.A.

MUTUAL FD/INV TRUSTS-BOND
------------------------------

AMERN STRATEGIC INCOME PORTFOLIO INC * 030099105 49360 4000 X N.A. N.A. N.A.
HANCOCK JOHN INCOME SECS TR-SBI * 410123103 9810 654 X N.A. N.A. N.A.
LINCOLN NATIONAL INCOME FUND INC NEW * 534217104 17220 1400 X N.A. N.A. N.A.
MFS MULTIMARKET INCOME TRUST - SBI * 552737108 26600 4000 X N.A. N.A. N.A.
PUTNAM MASTER INTER INCOME TR-S B * 746909100 11153 1695 X N.A. N.A. N.A.
PUTNAM PREMIER INCOME TRUST-SBI * 746853100 103517 15637 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR MUTUAL FD/INV TRUSTS-BOND 217660 27386 N.A. N.A. N.A.

MUTUAL FD/INV TRUSTS-MUNI
------------------------------

BLACKROCK INSD MUN TERM TR INC * 092474105 10300 1000 X N.A. N.A. N.A.
MORGAN STANLEY DEAN WITTER-INSD MUN * 61745P866 8809 592 X N.A. N.A. N.A.
MSDW - INSD MUN INCOME TR * 61745P791 28883 2116 X N.A. N.A. N.A.
MSDW - MUNICIPAL INC OPPORTUNITIES * 61745P452 51042 5942 X N.A. N.A. N.A.
MUNICIPAL YIELD FUND INCORPORATED * 626299101 42511 3135 X N.A. N.A. N.A.
MUNIVEST FD II INC * 62629P105 22750 2000 X N.A. N.A. N.A.
MUNIVEST FUND INCORPORATED * 626295109 43750 5000 X N.A. N.A. N.A.
MUNIYIELD QUALITY FUND II INC * 62630T104 58900 5000 X N.A. N.A. N.A.
NUVEEN CALIF DIVID ADVANTAGE MUN FD * 67066Y105 476190 33300 X N.A. N.A. N.A.
NUVEEN MUNICIPAL MKT OPPORTUNITY FD * 67062W103 7000 500 X N.A. N.A. N.A.
NUVEEN MUNICIPAL VALUE FUND INC * 670928100 64833 7009 X N.A. N.A. N.A.
NUVEEN PERFORMANCE PLUS MUN FD INC * 67062P108 17983 1290 X N.A. N.A. N.A.
NUVEEN PREM INCOME MUN FD 4 INC * 6706K4105 17438 1500 X N.A. N.A. N.A.
NUVEEN PREM INCOME MUNICIPAL FD INC * 67062T100 5310 389 X N.A. N.A. N.A.
NUVEEN QUALITY INCOME MUN FD INC * 670977107 37827 2700 X N.A. N.A. N.A.
NUVEEN SELECT QUALITY MUN FD INC * 670973106 18239 1300 X N.A. N.A. N.A.
PUTNAM HIGH YIELD MUN TR * 746781103 8220 1000 X N.A. N.A. N.A.
PUTNAM MUN OPPORTUNITIES TR-SBI * 746922103 5388 400 X N.A. N.A. N.A.
SCUDDER MUNI INCOME TR-COM S B I * 81118R604 11510 1000 X N.A. N.A. N.A.
SCUDDER STRATEGIC MUN INCOME TR * 811234103 23100 2000 X N.A. N.A. N.A.
VAN KAMPEN AMERN CAP MUN OPP TR II * 920944105 22375 2000 X N.A. N.A. N.A.
VAN KAMPEN MERRITT STRTGC SECTOR MUN * 920943107 9928 800 X N.A. N.A. N.A.
VAN KAMPEN MERRITT VALUE MUN INC TR * 921132106 44234 3400 X N.A. N.A. N.A.
VAN KAMPEN MUNI OPPORTUNITY * 920935103 5331 350 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR MUTUAL FD/INV TRUSTS-MUNI 1041851 83723 N.A. N.A. N.A.

MUTUAL FD/INV TRUSTS-GOVT
------------------------------

ACM GOVERNMENT INCOME FUND * 000912105 9444 1200 X N.A. N.A. N.A.
ALLIANCE WORLD DOLLAR GOVT FUND INC * 018796102 25480 2275 X N.A. N.A. N.A.
MFS GOVERNMENT MKTS INCOME TR-S B I * 552939100 6560 1000 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR MUTUAL FD/INV TRUSTS-GOVT 41484 4475 N.A. N.A. N.A.

LTD PARTNERSHIPS REAL ESTATE
------------------------------

AMERN INSD MTG INVS LP SER 88 * 02686G101 7000 1250 X N.A. N.A. N.A.
LAKEHEAD PIPE LINE PARTNERS L P-PREF * 511557100 38324 870 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR LTD PARTNERSHIPS REAL ESTATE 45324 2120 N.A. N.A. N.A.

LTD PARTNERSHIPS NON REAL EST
------------------------------

AMERIGAS PARTNERS L P * 030975106 20150 1000 X N.A. N.A. N.A.
CEDAR FAIR LTD PARTN-DEPOSITORY UNIT * 150185106 44400 2000 X N.A. N.A. N.A.
CROWN PAC PARTNERS L P * 228439105 7700 1000 X N.A. N.A. N.A.
HERITAGE PROPANE PARTNERS L P * 426918108 38100 1500 X N.A. N.A. N.A.
KANEB PIPE LINE PARTNERS L P-SR PREF * 484169107 37576 1100 X N.A. N.A. N.A.
KINDER MORGAN ENERGY PARTNERS LP * 494550106 877090 13900 X N.A. N.A. N.A.
SUBURBAN PROPANE PARTNERS LP * 864482104 189600 8000 X N.A. N.A. N.A.
U S TIMBERLANDS CO L P * 902977107 15500 2000 X N.A. N.A. N.A.
--------- --------- ---- ---- ---- ---------- ---------- ----------
SUBTOTALS FOR LTD PARTNERSHIPS NON REAL EST 1230116 30500 N.A. N.A. N.A.
**GRAND TOTALS** 3495485013 86351563 76951440 41531 7767467

</TABLE>
</TEXT>
</DOCUMENT>

https://www.sec.gov/Archives/edgar/data/814105/000094018701000012/0000940187-01-000012-0001.txt