(FORTUNE Magazine) – FINANCIAL INDUSTRY For the first time since our list began in 1983, J.P. Morgan fell out of first place among money center banks.

MORTGAGE FINANCE[1] 1998 1997 COMPANY SCORE 1 -- Fannie Mae 8.00 2 -- Freddie Mac 7.36 3 2 Charter One Financial 7.04 4 3 Washington Mutual 6.98 5 -- Countrywide Credit Inds. 6.78 6 1 Golden West Financial 6.58 7 6 Dime Bancorp 6.25 8 4 H.F. Ahmanson[2] 5.84 9 -- First American Financial 5.83 10 8 Golden State Bancorp[3] 5.36

SECURITIES 1998 1997 COMPANY SCORE 1 1 Merrill Lynch 7.58 2 6[4] Morgan Stanley Dean Witter 7.29 3 3 Charles Schwab 7.24 4 7[5] Travelers Group[6] 6.67 5 -- Equitable 6.43 6 7 Bear Stearns 6.31 7 4 A.G. Edwards 6.29 8 6 Franklin Resources 6.00 9 10 Paine Webber Group 5.77 10 9 Lehman Brothers Holdings 5.67

INSURANCE: PROP., CASUALTY 1998 1997 COMPANY SCORE 1 1 Berkshire Hathaway 7.86 2 2 USAA 7.33 3 3 American International Group 7.18 4 5 State Farm 7.02 5 6 Allstate 6.91 6 -- Chubb 6.71 7 8 Hartford Fin. Services Group 6.66 8 9 Nationwide Ins. Enterprise 6.32 9 10 Liberty Mutual Ins. Group 6.23 10 -- St. Paul 6.06 11 11 Loews 5.66

CONSUMER CREDIT 1998 1997 COMPANY SCORE 1 1 American Express 7.44 2 2 MBNA 7.36 3 4 Capital One Financial 7.05 4 -- SLM Holdings 6.47 5 5 Household International 6.35

INSURANCE: LIFE, HEALTH 1998 1997 COMPANY SCORE 1 1 Northwestern Mutual Life 7.39 2 3 New York Life 6.65 3 2 Principal Financial Group 6.44 4 4 TIAA-CREF 6.31 5 5 Massachusetts Mutual Life 6.08 6 8 Cigna 6.03 7 -- American General 5.84 8 6 Metropolitan Life 5.82 9 9 Aetna 5.43 10 10 Prudential Ins. of America 5.16

MONEY CENTER BANKS 1998 1997 COMPANY SCORE 1 2 Citicorp[6] 7.39 2 3 Chase Manhattan 7.26 3 1 J.P. Morgan 7.16 4 5 First Chicago NBD[7] 6.81 5 6 Bank of New York 6.64 6 7 Republic New York 6.44 7 4 Bankers Trust[8] 5.56

SUPERREGIONAL BANKS 1998 1997 COMPANY SCORE 1 1 Norwest[9] 7.43 2 4 NationsBank[10] 6.95 3 2 First Union 6.90 4 -- U.S. Bancorp 6.87 5 5 Banc One[7] 6.41 6 7 Fleet Financial Group 6.32 7 3 BankAmerica[10] 6.28 8 6 BankBoston 6.26 9 9 PNC Bank 6.14 10 8 Wells Fargo[9] 6.12

-- Not ranked last year. [1]Was savings institution last year. [2]Acquired by Washington Mutual, Oct. 1, 1998. [3]Name changed from California Federal Bank. [4]Rank in consumer credit on last year's list. [5]Rank in property and casualty insurance on last year's list. [6]Travelers acquired Citicorp, Oct. 8, 1998, and changed name to Citigroup. [7]Banc One acquired First Chicago NBD, Oct. 1, 1998, and changed name to Bank One. [8]Name changed from Bankers Trust New York. [9]Norwest acquired Wells Fargo and changed name to Wells Fargo, Nov. 2, 1998. [10]NationsBank acquired BankAmerica and changed name to BankAmerica, Sept. 30, 1998.

THINGS THAT MOVE Solid earnings helped Ford secure the pole position among automakers. Boeing, hampered by slackening demand and production inefficiencies, relinquished top honors in aerospace for the first time in 17 years.

AEROSPACE 1998 1997 COMPANY SCORE 1 2 AlliedSignal 7.28 2 4 United Technologies 7.18 3 3 Lockheed Martin 6.92 4 5 Textron 6.67 5 7 Sundstrand 6.59 6 6 General Dynamics 6.59 7 -- Gulfstream Aerospace 6.57 8 1 Boeing 6.42 9 8 B.F. Goodrich 6.33 10 9 Northrop Grumman 6.26

RAILROADS 1998 1997 COMPANY SCORE 1 1 Norfolk Southern 7.71 2 2 Burlington Northern Santa Fe 6.91 3 3 CSX 6.63 4 -- Kansas City Southern Industries 6.09 5 4 Union Pacific 5.63

MOTOR VEHICLES & PARTS 1998 1997 COMPANY SCORE 1 5 Ford Motor 7.25 2 2 Daimler-Benz N.A. 7.22 3 1 Toyota Motor Sales U.S.A. 7.19 4 3 Chrysler[1] 7.04 5 4 American Honda Motor 6.53 6 6 Johnson Controls 6.40 7 -- Dana 6.17 8 7 TRW 6.04 9 9 General Motors 5.33

AIRLINES 1998 1997 COMPANY SCORE 1 1 Southwest Airlines 7.21 2 2 AMR 6.87 3 3 Continental Airlines 6.72 4 4 UAL 6.36 5 6 Alaska Air Group 5.91 6 7 Delta Air Lines 5.91 7 8 US Airways Group 5.83 8 5 Northwest Airlines 4.98 9 9 America West Holdings 4.90 10 10 Trans World Airlines 4.53

INDUSTRIAL & FARM EQUIPMENT 1998 1997 COMPANY SCORE 1 1 Caterpillar 7.50 2 2 Deere 7.12 3 7 Black & Decker 6.64 4 4 Ingersoll-Rand 6.61 5 6 Parker Hannifin 6.38 6 5 Dover 6.19 7 3 Cummins Engine 6.15 8 10 American Standard 6.15 9 8 Case 5.89 10 9 Dresser Industries 5.70

TRUCKING 1998 1997 COMPANY SCORE 1 2 CNF Transportation 6.53 2 1 Ryder System 6.49 3 3 Yellow 5.97 4 7 USFreightways 5.84 5 5 J.B. Hunt Transport Services 5.83 6 8 Consolidated Freightways 5.65 7 4 Roadway Express 5.53 8 -- Landstar System 5.49 9 9 Arkansas Best 4.95 10 10 Amerco 4.78

MAIL, PKG. & FREIGHT DELIVERY 1998 1997 COMPANY SCORE 1 1 United Parcel Service 8.18 2 2 FDX[2] 7.55 3 4 Air Express International 6.20 4 3 Airborne Freight 5.95 5 -- Fritz 4.94 6 5 Pittston 4.69

CONTRACTED SERVICES WellPoint Health Networks, California's No. 2 medical insurer, overtook United and Tenet, thanks partly to solid cost controls.

HEALTH CARE 1998 1997 COMPANY SCORE 1 3 WellPoint Health Networks 6.65 2 1 United HealthCare 6.60 3 2 Tenet Healthcare 6.41 4 4 PacifiCare Health Systems 5.92 5 6 Allegiance 5.83 6 7 Humana 5.63 7 10 Columbia/HCA Healthcare 4.82 8 8 Foundation Health 4.31 9 -- Oxford Health Plans 3.99 10 5 MedPartners 3.61

OUTSOURCING SERVICES 1998 1997 COMPANY SCORE 1 -- ServiceMaster 7.10 2 6[3] Aramark 6.87 3 -- Administaff 6.48 4 -- ABM Industries 6.13 5 -- Wackenhut 6.08 6 -- Borg-Warner Security 5.82 7 4[4] Ogden 5.66 8 -- Staff Leasing 5.61

TEMPORARY HELP 1998 1997 COMPANY SCORE 1 -- Robert Half International 7.23 2 3 Interim Services 6.16 3 1 Manpower 5.34 4 4 Kelly Services 5.32 5 2 Norrell 5.27 6 8 Accustaff 5.19 7 7 CDI 4.89 8 5 Volt Information Sciences 4.56 9 6 Olsten 4.20

-- Not ranked last year. [1]Acquired by Daimler-Benz, Nov. 12, 1998; name changed to DaimlerChrysler. [2]Name changed from Federal Express. [3]Rank in food services on last year's list. [4]Rank in waste management on last year's list.

CONSUMER PRODUCTS The NBA strike hurt sales at Nike, which ceded first place in apparel to Liz Claiborne. Gillette, hit by overseas turmoil, lost its edge to P&G in soaps and cosmetics.

APPAREL 1998 1997 COMPANY SCORE 1 2 Liz Claiborne 6.82 2 3 VF 6.69 3 1 Nike 6.65 4 4 Jones Apparel Group 6.24 5 7 Kellwood 5.58 6 6 Russell 5.55 7 8 Warnaco Group 5.55 8 5 Reebok International 4.98 9 -- Nine West Group 4.70 10 9 Fruit of the Loom 4.27

BEVERAGES 1998 1997 COMPANY SCORE 1 1 Coca-Cola 8.39 2 3 Anheuser-Busch 7.38 3 2 Coca-Cola Enterprises 7.14 4 4 Adolph Coors 6.72 5 2[1] PepsiCo 6.55 6 5 Brown-Forman 6.28 7 6 Joseph E. Seagram & Sons 6.13 8 8 Canandaigua Brands 5.56 9 7 Whitman 5.22

FOOD 1998 1997 COMPANY SCORE 1 1 Nestle USA 7.37 2 2 Sara Lee 7.20 3 3 Campbell Soup 7.03 4 6 H.J. Heinz 6.71 5 4 ConAgra 6.62 6 5 Bestfoods[2] 6.34 7 7 RJR Nabisco Holdings 6.03 8 8 IBP 5.62 9 9 Farmland Industries 5.51 10 10 Archer Daniels Midland 5.00

TOBACCO 1998 1997 COMPANY SCORE 1 2 Philip Morris 8.51 2 3 UST 6.74 3 4 Universal 6.49 4 6 Standard Commercial 5.91 5 5 DIMON 5.60

FURNITURE 1998 1997 COMPANY SCORE 1 1 Herman Miller 8.09 2 2 Leggett & Platt 7.73 3 3 Hon Industries 7.42 4 4 Furniture Brands International 6.67

SOAPS, COSMETICS 1998 1997 COMPANY SCORE 1 2 Procter & Gamble 8.10 2 1 Gillette 7.75 3 3 Colgate-Palmolive 7.39 4 4 Estee Lauder 7.02 5 6 Clorox 6.97 6 5 Unilever U.S. 6.51 7 8 Avon Products 6.46 8 7 International Flavors & Fragrances 6.38 9 10 Alberto-Culver 5.57 10 9 Revlon 5.55

STORES & DISTRIBUTORS Facing increased competition from discount stores and software sellers, Toys "R" Us dropped to No. 10 in the specialty retail category.

SPECIALTY RETAILERS 1998 1997 COMPANY SCORE 1 1 Home Depot 8.19 2 3 Costco 6.69 3 5 Lowe's 6.50 4 7 Limited 6.40 5 -- Office Depot 6.29 6 4 Circuit City Group 6.06 7 9 Best Buy 5.95 8 6 TJX 5.94 9 -- Republic Industries 5.68 10 2 Toys "R" Us 5.30

FOOD & DRUG STORES 1998 1997 COMPANY SCORE 1 3 Safeway 7.49 2 2 Publix Super Markets 7.48 3 1 Walgreen 7.27 4 4 Albertson's 7.21 5 5 Kroger 7.04 6 8[3] CVS 6.53 7 9 Food Lion 5.70 8 8 Winn-Dixie Stores 5.65 9 6 American Stores 5.26 10 10 A&P 4.51

FOOD SERVICES 1998 1997 COMPANY SCORE 1 1 McDonald's 7.01 2 5 Brinker International 6.99 3 -- Outback Steakhouse 6.82 4 3 Wendy's International 6.68 5 4 Host Marriott Services 6.16 6 8 Darden Restaurants 6.01 7 -- Performance Food Group 4.93 8 10 Advantica[4] 4.66 9 7 Viad 4.25 10 9 Shoney's 3.61

WHOLESALERS 1998 1997 COMPANY SCORE 1 1 Cardinal Health 7.74 2 2 Ingram Micro 7.08 3 4 McKesson[5] 7.02 4 3 Sysco 6.92 5 8 Supervalu 6.46 6 5 Arrow Electronics 6.19 7 7 Bergen Brunswig 6.08 8 -- AmeriSource Health 5.63 9 -- Bindley Western 5.59 10 10 Fleming 5.07

GENERAL MERCHANDISERS 1998 1997 COMPANY SCORE 1 1 Wal-Mart Stores 7.66 2 3 Dayton Hudson 7.18 3 2 Nordstrom 6.89 4 5 May Department Stores 6.56 5 6 Federated Department Stores 6.32 6 4 Sears Roebuck 6.27 7 -- Harcourt General 5.75 8 7 J.C. Penney 5.33 9 8 Dillard's 5.32 10 10 Kmart 4.38

-- Not ranked last year. [1]Rank in food services on last year's list. [2]Name changed from CPC International. [3]Rank in specialty retailers on last year's list. [4]Name changed from Flagstar. [5]Name changed to McKesson HBOC.

HEAVY INDUSTRY Newcomer Fortune Brands, maker of Master Lock padlocks and Titleist golf balls, was No. 1 in metals products. It acquired three new businesses in 1998.

ENGINEERING, CONSTRUCTION 1998 1997 COMPANY SCORE 1 2 Jacobs Engineering Group 6.80 2 3 Halliburton 6.66 3 7 Pulte 6.31 4 9 Turner 6.29 5 4 Centex 6.13 6 -- Emcor 5.90 7 1 Fluor 5.89 8 10 Kaufman & Broad Home 5.81 9 8 Fleetwood Enterprises 5.75 10 6 Foster Wheeler 5.72

BUILDING MATERIALS, GLASS 1998 1997 COMPANY SCORE 1 1 Corning 8.24 2 2 Armstrong World Industries 6.89 3 4 USG 5.66 4 5 Owens-Illinois 5.62 5 3 Owens Corning 5.45 6 6 Johns Manville 5.14

METAL PRODUCTS 1998 1997 COMPANY SCORE 1 1[1] Fortune Brands 6.94 2 1 Tyco International 5.98 3 2 Illinois Tool Works 5.64 4 3 Newell 4.94 5 4 Danaher 4.86 6 5 Masco 4.63 7 9 Ball 4.60 8 7 Stanley Works 4.56 9 8 Crown Cork & Sea 4.47 10 10 U.S. Industries 4.10

METALS 1998 1997 COMPANY SCORE 1 1 Alcoa 7.45 2 2 Nucor 6.90 3 4 Phelps Dodge 6.36 4 3 Allegheny Teledyn 6.23 5 5 Reynolds Metals 6.11 6 -- AK Steel Holding 5.97 7 10 Bethlehem Steel 5.25 8 7 LTV 4.99 9 9 Maxxam 4.94 10 8 Inland Steel Industries 4.92

POWER Exxon and Mobil, whose merger would create the world's largest company, claimed the top two spots in petroleum refining. Shell, last year's leader, slipped to No. 3.

ELECTRIC & GAS UTILITIES 1998 1997 COMPANY SCORE 1 -- Duke Energy 7.89 2 2 Southern 7.31 3 1 FPL Group 7.22 4 3 Edison International 6.84 5 4 PG&E 6.76 6 6 Texas Utilities 6.63 7 -- Dominion Resources 6.24 8 9 Consolidated Edison 6.04 9 -- UtiliCorp United 5.89 10 10 Unicom 5.67 11 7 Entergy 5.05

MINING, CRUDE OIL 1998 1997 COMPANY SCORE 1 1 Burlington Resources 6.72 2 -- Apache 6.69 3 -- Unocal 6.40 4 3 Vulcan Materials 6.27 5 -- Newmont Mining 6.13 6 4 Cyprus Amax Minerals 5.93 7 6 Freeport-McMoRan Copper & Gold 5.75 8 7 Asarco 5.60 9 -- Union Pacific Resources 5.45 10 8 Oryx Energy 4.90

PETROLEUM REFINING 1998 1997 COMPANY SCORE 1 2 Exxon 7.60 2 3 Mobil 7.38 3 1 Shell Oil 7.22 4 4 Chevron 6.99 5 6 BP America 6.86 6 7 Texaco 6.43 7 5 Amoco[2] 6.21 8 9 Phillips Petroleum 5.90 9 8 Atlantic Richfield 5.73 10 10 USX 5.59

PIPELINES 1998 1997 COMPANY SCORE 1 1 Enron 8.11 2 2 Williams 7.63 3 7 El Paso Natural Gas 6.65 4 -- KN Energy 6.12 5 5 Dynegy[3] 6.00 6 -- TransMontaigne Oil 5.71 7 4 Sonat 5.61 8 -- Equitable Resources 5.44 9 8 Western Gas Resources 5.02

-- Not ranked last year. [1]Rank in tobacco on last year's list. [2]Acquired by British Petroleum, Dec. 31, 1998; name changed to BP Amoco. [3]Name changed from NGC.

NATURAL RESOURCES Record sales of Viagra capped Pfizer's steady ascent to the top in pharmaceuticals. The company won approval earlier this year to sell its blockbuster drug in Japan.

PHARMACEUTICALS 1998 1997 COMPANY SCORE 1 2 Pfizer 8.27 2 1 Merck 8.13 3 3 Johnson & Johnson 7.45 4 5 Eli Lilly 7.37 5 4 Bristol-Myers Squib 7.31 6 8 Schering-Plough 6.96 7 7 Warner-Lambert 6.85 8 6 Abbott Laboratories 6.44 9 9 American Home Products 6.39 10 10 Pharmacia & Upjohn 5.55

RUBBER & PLASTICS PRODUCTS 1998 1997 COMPANY SCORE 1 1 Goodyear Tire & Rubber 7.76 2 2 Rubbermaid 7.15 3 4 Cooper Tire & Rubber 7.10 4 5 Tupperware 6.93 5 10 GenCorp 6.91 6 -- First Brands 6.89 7 3 M.A. Hanna 6.74 8 8 Mark IV Industries 6.54 9 9 Bridgestone/Firestone 6.51 10 -- Carlisle 6.14

CHEMICALS 1998 1997 COMPANY SCORE 1 1 Du Pont 7.85 2 3 Dow Chemical 7.02 3 2 Monsanto 6.79 4 4 PPG Industries 6.55 5 5 Bayer 6.54 6 7 BASF 6.39 7 6 Union Carbide 5.97 8 -- Sherwin-Williams 5.94 9 -- FMC 5.46 10 10 Occidental Petroleum 5.05

TEXTILES 1998 1997 COMPANY SCORE 1 1 Unifi 7.14 2 3 WestPoint Stevens 6.94 3 4 Interface 6.93 4 6 Mohawk Industries 6.76 5 5 Shaw Industries 6.64 6 2 Springs Industries 6.52 7 7 Burlington Industries 6.35

FOREST & PAPER PRODUCTS 1998 1997 COMPANY SCORE 1 1 Kimberly-Clark 7.26 2 3 Weyerhaeuser 6.56 3 2 Mead 6.40 4 4 International Paper 5.98 5 5 Union Camp 5.96 6 8 Fort James 5.72 7 6 Georgia-Pacific 5.27 8 7 Champion International 5.07 9 9 Boise Cascade 4.50 10 10 Stone Container[1] 4.10

MEDIA/ENTERTAINMENT Heavily indebted CBS slipped to the bottom of the entertainment rankings after weak profits and high-profile layoffs at its troubled news division.

ENTERTAINMENT 1998 1997 COMPANY SCORE 1 1 Walt Disney 7.41 2 2 Time Warner 7.22 3 4 Viacom 6.56 4 5 News America Publishing 5.88 5 3 CBS 5.20

PUBLISHING, PRINTING 1998 1997 COMPANY SCORE 1 1 Tribune 7.50 2 3 New York Times 7.24 3 2 Gannett 6.71 4 4 Knight-Ridder 6.50 5 5 Times Mirror 6.47 6 8 Dow Jones 6.41 7 7 McGraw-Hill 6.37 8 6 R.R. Donnelley & Sons 6.24 9 9 American Greetings 6.02 10 10 Reader's Digest Association 4.86

HOTELS, CASINOS, RESORTS 1998 1997 COMPANY SCORE 1 1 Mirage Resorts 7.76 2 2 Marriott International 7.44 3 -- Host Marriott 6.70 4 4 Harrah's Entertainment 6.60 5 -- Promus Hotel 6.50 6 3 Hilton Hotels 5.75 7 -- Starwood Hotel & Resorts[2] 5.32 8 5 Circus Circus Enterprises 4.90 9 -- Trump Hotels & Casino Resorts 3.20

-- Not ranked last year.. [1]Acquired by Jefferson Smurfit, Nov. 18, 1998; name changed to Smurfit-Stone Container. [2]Acquired ITT (1997 rank: 6), Feb. 23, 1998.

COMPUTERS, ETC. Four industry groups had a changeover at the top, among them Sprint, a leader in voice and data convergence, which took first place in telecom.

COMPUTER & DATA SERVICES 1998 1997 COMPANY SCORE 1 2 Automatic Data Processing 7.12 2 6 America Online 6.92 3 3 Equifax 6.89 4 4[1] Computer Sciences 6.44 5 5 Comdisco 6.09 6 1 First Data 5.89 7 10 Unisys 5.75 8 -- Electronic Data Systems 5.50 9 9 Micro Warehouse 5.35 10 7 Dun & Bradstreet 5.29

COMPUTER, OFFICE EQUIPMENT 1998 1997 COMPANY SCORE 1 3 International Business Machines 7.49 2 1 Hewlett-Packard 7.42 3 4 Dell Computer 7.35 4 5 Sun Microsystems 7.06 5 2 Compaq Computer 6.98 6 6 Xerox 6.88 7 8 Gateway 2000 6.46 8 7 Canon U.S.A. 5.71 9 10 Apple Computer 5.37 10 -- NCR 5.03

COMPUTER SOFTWARE 1998 1997 COMPANY SCORE 1 1 Microsoft 7.73 2 2 Oracle 6.95 3 3 Computer Associates International 6.58 4 5 Novell 5.86 5 6 Sybase 4.77

TELECOMMUNICATIONS 1998 1997 COMPANY SCORE 1 5 Sprint 7.39 2 -- Tele-Communications 6.34 3 2 BellSouth 6.33 4 3 Ameritech 6.23 5 4 Bell Atlantic 6.05 6 1 SBC Communications 5.83 7 8 AT&T 5.82 8 -- MCI WorldCom[2] 5.51 9 6 GTE 5.43 10 9 US West 4.95

COMPUTER PERIPHERALS 1998 1997 COMPANY SCORE 1 1 EMC 7.59 2 7 Storage Technology 6.73 3 5 Lexmark International Group 6.71 4 3 Seagate Technology 6.58 5 6 Quantum 6.46 6 -- Imation 5.98 7 2 Western Digital 5.57 8 4 Iomega 5.30

ELECTRONICS, NETWORKS 1998 1997 COMPANY SCORE 1 1 Cisco Systems 8.32 2 2 3Com 6.78 3 5 Bay Networks[3] 5.92 4 4 Cabletron Systems 4.35 ELECTRONICS, ELECTRICAL EQUIP. 1998 1997 COMPANY SCORE 1 1 General Electric 8.21 2 -- Lucent Technologies 7.78 3 3 Emerson Electric 7.28 4 4[4] Honeywell 6.68 5 2 Motorola 6.39 6 7 Raytheon 6.22 7 4 Siemens 6.17 8 9 Whirlpool 6.07 9 5 Rockwell International 5.95 10 8 Eaton 5.93

SCI., PHOTO, CONTROL EQUIP. 1998 1997 COMPANY SCORE 1 2 Medtronic 7.70 2 1 Minnesota Mining & Manufacturing 7.65 3 7 Eastman Kodak 6.59 4 8 Baxter International 6.34 5 3 Thermo Electron 6.13 6 6 Becton Dickinson 6.12 7 10 Bausch & Lomb 5.90 8 5 Tektronix 5.76 9 9 Polaroid 5.58 10 -- Boston Scientific 5.54

ELECTRONICS, SEMICONDUCTORS 1998 1997 COMPANY SCORE 1 1 Intel 8.37 2 3 Texas Instruments 7.29 3 2 Applied Materials 7.29 4 4 Analog Devices 6.60 5 6 LSI Logic 6.00 6 8 Advanced Micro Devices 5.01 7 7 National Semiconductor 4.68

-- Not ranked last year. [1]Rank in computer software on last year's list. [2]Name changed from WorldCom after acquiring MCI (1997 rank: 7), Sept. 14, 1998. [3]Acquired by Northern Telecom, Aug. 28, 1998. [4]Rank in scientific, photographic, and control equipment on last year's list.

INDEX TO THE MOST ADMIRED

Abbott Laboratories 6.44 F-5 ABM Industries 6.13 F-2 Accustaff 5.19 F-2 Administaff 6.48 F-2 Advanced Micro Devices 5.01 F-6 Advantica 4.66 F-3 Aetna 5.43 F-1 Ahmanson (H.F.) 5.84 F-1 Airborne Freight 5.95 F-2 Air Express International 6.20 F-2 AK Steel Holding 5.97 F-4 Alaska Air Group 5.91 F-2 Alberto-Culver 5.57 F-3 Albertson's 7.21 F-3 Alcoa 7.45 F-4 Allegheny Teledyne 6.23 F-4 Allegiance 5.83 F-2 AlliedSignal 7.28 F-2 Allstate 6.91 F-1 Amerco 4.78 F-2 American Express 7.44 F-1 American General 5.84 F-1 American Greetings 6.02 F-5 American Home Products 6.39 F-5 American Honda Motor 6.53 F-2 American Intl. Group 7.18 F-1 American Standard 6.15 F-2 American Stores 5.26 F-3 America Online 6.92 F-6 America West Holdings 4.90 F-2 AmeriSource Health 5.63 F-3 Ameritech 6.23 F-6 Amoco 6.21 F-4 AMR 6.87 F-2 Analog Devices 6.60 F-6 Anheuser-Busch 7.38 F-3 A&P 4.51 F-3 Apache 6.69 F-4 Apple Computer 5.37 F-6 Applied Materials 7.29 F-6 Aramark 6.87 F-2 Archer Daniels Midland 5.00 F-3 Arkansas Best 4.95 F-2 Armstrong World Inds. 6.89 F-4 Arrow Electronics 6.19 F-3 Asarco 5.60 F-4 Atlantic Richfield 5.73 F-4 AT&T 5.82 F-6 Automatic Data Processing 7.12 F-6 Avon Products 6.46 F-3 Ball 4.60 F-4 Banc One 6.41 F-1 BankAmerica 6.28 F-1 BankBoston 6.26 F-1 Bankers Trust 5.56 F-1 Bank of New York 6.64 F-1 BASF 6.39 F-5 Bausch & Lomb 5.90 F-6 Baxter International 6.34 F-6 Bayer 6.54 F-5 Bay Networks 5.92 F-6 Bear Stearns 6.31 F-1 Becton Dickinson 6.12 F-6 Bell Atlantic 6.05 F-6 BellSouth 6.33 F-6 Bergen Brunswig 6.08 F-3 Berkshire Hathaway 7.86 F-1 Best Buy 5.95 F-3 Bestfoods 6.34 F-3 Bethlehem Steel 5.25 F-4 Bindley Western 5.59 F-3 Black & Decker 6.64 F-2 Boeing 6.42 F-2 Boise Cascade 4.50 F-5 Borg-Warner Security 5.82 F-2 Boston Scientific 5.54 F-6 BP America 6.86 F-4 Bridgestone/Firestone 6.51 F-5 Brinker International 6.99 F-3 Bristol-Myers Squibb 7.31 F-5 Brown-Forman 6.28 F-3 Burlington Industries 6.35 F-5 Burlington No. Santa Fe 6.91 F-2 Burlington Resources 6.72 F-4 Cabletron Systems 4.35 F-6 Campbell Soup 7.03 F-3 Canandaigua Brands 5.56 F-3 Canon U.S.A. 5.71 F-6 Capital One Financial 7.05 F-1 Cardinal Health 7.74 F-3 Carlisle 6.14 F-5 Case 5.89 F-2 Caterpillar 7.50 F-2 CBS 5.20 F-5 CDI 4.89 F-2 Centex 6.13 F-4 Champion International 5.07 F-5 Charter One Financial 7.04 F-1 Chase Manhattan 7.26 F-1 Chevron 6.99 F-4 Chrysler 7.04 F-2 Chubb 6.71 F-1 Cigna 6.03 F-1 Circuit City Group 6.06 F-3 Circus Circus Enterprises 4.90 F-5 Cisco Systems 8.32 F-6 Citicorp 7.39 F-1 Claiborne (Liz) 6.82 F-3 Clorox 6.97 F-3 CNF Transportation 6.53 F-2 Coca-Cola 8.39 F-3 Coca-Cola Enterprises 7.14 F-3 Colgate-Palmolive 7.39 F-3 Columbia/HCA Healthcare 4.82 F-2 Comdisco 6.09 F-6 Compaq Computer 6.98 F-6 Computer Associates Intl. 6.58 F-6 Computer Sciences 6.44 F-6 ConAgra 6.62 F-3 Consolidated Edison 6.04 F-4 Consolidated Freightways 5.65 F-2 Continental Airlines 6.72 F-2 Cooper Tire & Rubber 7.10 F-5 Coors (Adolph) 6.72 F-3 Corning 8.24 F-4 Costco 6.69 F-3 Countrywide Credit 6.78 F-1 Crown Cork & Seal 4.47 F-4 CSX 6.63 F-2 Cummins Engine 6.15 F-2 CVS 6.53 F-3 Cyprus Amax Minerals 5.93 F-4 Daimler-Benz N.A. 7.22 F-2 Dana 6.17 F-2 Danaher 4.86 F-4 Darden Restaurants 6.01 F-3 Dayton Hudson 7.18 F-3 Deere 7.12 F-2 Dell Computer 7.35 F-6 Delta Air Lines 5.91 F-2 Dillard's 5.32 F-3 Dime Bancorp 6.25 F-1 DIMON 5.60 F-3 Disney (Walt) 7.41 F-5 Dominion Resources 6.24 F-4 Donnelley (R.R.) & Sons 6.24 F-5 Dover 6.19 F-2 Dow Chemical 7.02 F-5 Dow Jones 6.41 F-5 Dresser Industries 5.70 F-2 Duke Energy 7.89 F-4 Dun & Bradstreet 5.29 F-6 Du Pont 7.85 F-5 Dynegy 6.00 F-4 Eastman Kodak 6.59 F-6 Eaton 5.93 F-6 Edison International 6.84 F-4 Edwards (A.G.) 6.29 F-1 Electronic Data Systems 5.50 F-6 El Paso Natural Gas 6.65 F-4 EMC 7.59 F-6 Emcor 5.90 F-4 Emerson Electric 7.28 F-6 Enron 8.11 F-4 Entergy 5.05 F-4 Equifax 6.89 F-6 Equitable 6.43 F-1 Equitable Resources 5.44 F-4 Exxon 7.60 F-4 Fannie Mae 8.00 F-1 Farmland Industries 5.51 F-3 FDX 7.55 F-2 Federated Dept. Stores 6.32 F-3 First American Financial 5.83 F-1 First Brands 6.89 F-5 First Chicago NBD 6.81 F-1 First Data 5.89 F-6 First Union 6.90 F-1 Fleet Financial Group 6.32 F-1 Fleetwood Enterprises 5.75 F-4 Fleming 5.07 F-3 Fluor 5.89 F-4 FMC 5.46 F-5 Food Lion 5.70 F-3 Ford Motor 7.25 F-2 Fort James 5.72 F-5 Fortune Brands 6.94 F-4 Foster Wheeler 5.72 F-4 Foundation Health 4.31 F-2 FPL Group 7.22 F-4 Franklin Resources 6.00 F-1 Freddie Mac 7.36 F-1 Freeport-McMoRan C&G 5.75 F-4 Fritz 4.94 F-2 Fruit of the Loom 4.27 F-3 Furniture Brands Intl. 6.67 F-3 Gannett 6.71 F-5 Gateway 2000 6.46 F-6 GenCorp 6.91 F-5 General Dynamics 6.59 F-2 General Electric 8.21 F-6 General Motors 5.33 F-2 Georgia-Pacific 5.27 F-5 Gillette 7.75 F-3 Golden State Bancorp 5.36 F-1 Golden West Financial 6.58 F-1 Goodrich (B.F.) 6.33 F-2 Goodyear Tire & Rubber 7.76 F-5 GTE 5.43 F-6 Gulfstream Aerospace 6.57 F-2 Halliburton 6.66 F-4 Hanna (M.A.) 6.74 F-5 Harcourt General 5.75 F-3 Harrah's Entertainment 6.60 F-5 Hartford Fin. Services 6.66 F-1 Heinz (H.J.) 6.71 F-3 Hewlett-Packard 7.42 F-6 Hilton Hotels 5.75 F-5 Home Depot 8.19 F-3 Honeywell 6.68 F-6 Hon Industries 7.42 F-3 Host Marriott 6.70 F-5 Host Marriott Services 6.16 F-3 Household International 6.35 F-1 Humana 5.63 F-2 Hunt (J.B.) Transport Services 5.83 F-2 IBP 5.62 F-3 Illinois Tool Works 5.64 F-4 Imation 5.98 F-6 Ingersoll-Rand 6.61 F-2 Ingram Micro 7.08 F-3 Inland Steel Industries 4.92 F-4 Intel 8.37 F-6 Interface 6.93 F-5 Interim Services 6.16 F-2 International Business Machines 7.49 F-6 International Flavors & Fragrances 6.38 F-3 International Paper 5.98 F-5 Iomega 5.30 F-6 Jacobs Engineering Group 6.80 F-4 Johns Manville 5.14 F-4 Johnson Controls 6.40 F-2 Johnson & Johnson 7.45 F-5 Jones Apparel Group 6.24 F-3 Kansas City So. Inds. 6.09 F-2 Kaufman & Broad Home 5.81 F-4 Kellwood 5.58 F-3 Kelly Services 5.32 F-2 Kimberly-Clark 7.26 F-5 Kmart 4.38 F-3 KN Energy 6.12 F-4 Knight-Ridder 6.50 F-5 Kroger 7.04 F-3 Landstar 5.49 F-2 Lauder (Estee) 7.02 F-3 Leggett & Platt 7.73 F-3 Lehman Brothers Holdings 5.67 F-1 Lexmark Intl. Group 6.71 F-6 Liberty Mutual Ins. Group 6.23 F-1 Lilly (Eli) 7.37 F-5 Limited 6.40 F-3 Lockheed Martin 6.92 F-2 Loews 5.66 F-1 Lowe's 6.50 F-3 LSI Logic 6.00 F-6 LTV 4.99 F-4 Lucent Technologies 7.78 F-6 Manpower 5.34 F-2 Mark IV Industries 6.54 F-5 Marriott International 7.44 F-5 Masco 4.63 F-4 Massachusetts Mutual Life 6.08 F-1 Maxxam 4.94 F-4 May Department Stores 6.56 F-3 MBNA 7.36 F-1 McDonald's 7.01 F-3 McGraw-Hill 6.37 F-5 MCI WorldCom 5.51 F-6 McKesson 7.02 F-3 Mead 6.40 F-5 MedPartners 3.61 F-2 Medtronic 7.70 F-6 Merck 8.13 F-5 Merrill Lynch 7.58 F-1 Metropolitan Life 5.82 F-1 Microsoft 7.73 F-6 Micro Warehouse 5.35 F-6 Miller (Herman) 8.09 F-3 Minnesota Mining & Mfg. 7.65 F-6 Mirage Resorts 7.76 F-5 Mobil 7.38 F-4 Mohawk Industries 6.76 F-5 Monsanto 6.79 F-5 Morgan (J.P.) 7.16 F-1 Morgan Stanley Dean Witter 7.29 F-1 Motorola 6.39 F-6 National Semiconductor 4.68 F-6 NationsBank 6.95 F-1 Nationwide Insurance Enterprise 6.32 F-1 NCR 5.03 F-6 Nestle USA 7.37 F-3 Newell 4.94 F-4 Newmont Mining 6.13 F-4 New York Life 6.65 F-1 New York Times 7.24 F-5 News America Publishing 5.88 F-5 Nike 6.65 F-3 Nine West Group 4.70 F-3 Nordstrom 6.89 F-3 Norfolk Southern 7.71 F-2 Norrell 5.27 F-2 Northrop Grumman 6.26 F-2 Northwest Airlines 4.98 F-2 Northwestern Mutual Life 7.39 F-1 Norwest 7.43 F-1 Novell 5.86 F-6 Nucor 6.90 F-4 Occidental Petroleum 5.05 F-5 Office Depot 6.29 F-3 Ogden 5.66 F-2 Olsten 4.20 F-2 Oracle 6.95 F-6 Oryx Energy 4.90 F-4 Outback Steakhouse 6.82 F-3 Owens Corning 5.45 F-4 Owens-Illinois 5.62 F-4 Oxford Health Plans 3.99 F-2 PacifiCare Health Systems 5.92 F-2 Paine Webber Group 5.77 F-1 Parker Hannifin 6.38 F-2 Penney (J.C.) 5.33 F-3 PepsiCo 6.55 F-3 Performance Food Group 4.93 F-3 Pfizer 8.27 F-5 PG&E 6.76 F-4 Pharmacia & Upjohn 5.55 F-5 Phelps Dodge 6.36 F-4 Philip Morris 8.51 F-3 Phillips Petroleum 5.90 F-4 Pittston 4.69 F-2 PNC Bank 6.14 F-1 Polaroid 5.58 F-6 PPG Industries 6.55 F-5 Principal Financial Group 6.44 F-1 Procter & Gamble 8.10 F-3 Promus Hotel 6.50 F-5 Prudential Insurance of America 5.16 F-1 Publix Super Markets 7.48 F-3 Pulte 6.31 F-4 Quantum 6.46 F-6 Raytheon 6.22 F-6 Reader's Digest Assn. 4.86 F-5 Reebok International 4.98 F-3 Republic Industries 5.68 F-3 Republic New York 6.44 F-1 Revlon 5.55 F-3 Reynolds Metals 6.11 F-4 RJR Nabisco Holdings 6.03 F-3 Roadway Express 5.53 F-2 Robert Half Intl. 7.23 F-2 Rockwell International 5.95 F-6 Rubbermaid 7.15 F-5 Russell 5.55 F-3 Ryder System 6.49 F-2 Safeway 7.49 F-3 Sara Lee 7.20 F-3 SBC Communications 5.83 F-6 Schering-Plough 6.96 F-5 Schwab (Charles) 7.24 F-1 Seagate Technology 6.58 F-6 Seagram (Joseph E.) & Sons 6.13 F-3 Sears Roebuck 6.27 F-3 ServiceMaster 7.10 F-2 Shaw Industries 6.64 F-5 Shell Oil 7.22 F-4 Sherwin-Williams 5.94 F-5 Shoney's 3.61 F-3 Siemens 6.17 F-6 SLM Holdings 6.47 F-1 Sonat 5.61 F-4 Southern 7.31 F-4 Southwest Airlines 7.21 F-2 Springs Industries 6.52 F-5 Sprint 7.39 F-6 Staff Leasing 5.61 F-2 Standard Commercial 5.91 F-3 Stanley Works 4.56 F-4 Starwood Hotel & Resorts 5.32 F-5 State Farm Insurance 7.02 F-1 Stone Container 4.10 F-5 Storage Technology 6.73 F-6 St. Paul 6.06 F-1 Sun Microsystems 7.06 F-6 Sundstrand 6.59 F-2 Supervalu 6.46 F-3 Sybase 4.77 F-6 Sysco 6.92 F-3 Tektronix 5.76 F-6 Tele-Communications 6.34 F-6 Tenet Healthcare 6.41 F-2 Texaco 6.43 F-4 Texas Instruments 7.29 F-6 Texas Utilities 6.63 F-4 Textron 6.67 F-2 Thermo Electron 6.13 F-6 3Com 6.78 F-6 TIAA-CREF 6.31 F-1 Times Mirror 6.47 F-5 Time Warner 7.22 F-5 TJX 5.94 F-3 Toyota Motor Sales U.S.A. 7.19 F-2 Toys "R" Us 5.30 F-3 TransMontaigne Oil 5.71 F-4 Trans World Airlines 4.53 F-2 Travelers Group 6.67 F-1 Tribune 7.50 F-5 Trump Hotels & Casinos 3.20 F-5 TRW 6.04 F-2 Tupperware 6.93 F-5 Turner 6.29 F-4 Tyco International 5.98 F-4 UAL 6.36 F-2 Unicom 5.67 F-4 Unifi 7.14 F-5 Unilever U.S. 6.51 F-3 Union Camp 5.96 F-5 Union Carbide 5.97 F-5 Union Pacific 5.63 F-2 Union Pacific Resources 5.45 F-4 Unisys 5.75 F-6 United HealthCare 6.60 F-2 United Parcel Service 8.18 F-2 United Technologies 7.18 F-2 Universal 6.49 F-3 Unocal 6.40 F-4 USAA 7.33 F-1 US Airways Group 5.83 F-2 U.S. Bancorp 6.87 F-1 USFreightways 5.84 F-2 USG 5.66 F-4 U.S. Industries 4.10 F-4 UST 6.74 F-3 US West 4.95 F-6 USX 5.59 F-4 UtiliCorp United 5.89 F-4 VF 6.69 F-3 Viacom 6.56 F-5 Viad 4.25 F-3 Volt Information Sciences 4.56 F-2 Vulcan Materials 6.27 F-4 Wackenhut 6.08 F-2 Walgreen 7.27 F-3 Wal-Mart Stores 7.66 F-3 Warnaco Group 5.55 F-3 Warner-Lambert 6.85 F-5 Washington Mutual 6.98 F-1 WellPoint Health Networks 6.65 F-2 Wells Fargo 6.12 F-1 Wendy's International 6.68 F-3 Western Digital 5.57 F-6 Western Gas Resources 5.02 F-4 WestPoint Stevens 6.94 F-5 Weyerhaeuser 6.56 F-5 Whirlpool 6.07 F-6 Whitman 5.22 F-3 Williams 7.63 F-4 Winn-Dixie Stores 5.65 F-3 Xerox 6.88 F-6 Yellow 5.97 F-2