A.T. CROSS COMPANY 1999 ANNUAL REPORT

Featured on the cover is our new Morph_ pen.  With its futuristic design and
unique adjustable grip, it is the ultimate in ergonomic writing.

A.T. CROSS COMPANY PROFILE

THE A.T. CROSS COMPANY IS A MAJOR INTERNATIONAL MANUFACTURER OF FINE
WRITING INSTRUMENTS AND DISTRIBUTOR OF QUALITY GIFT PRODUCTS.  CROSS
PRESENTLY MARKETS SIX STYLES OF WRITING INSTRUMENTS. EACH SERIES OFFERS
DISTINCTIVE DESIGNS, APPOINTMENTS AND FINISHES - FROM PRECIOUS METALS TO
COMPOSITE RESIN - CREATED TO MEET THE PREFERENCES OF PARTICULAR
AUDIENCES AT PRICES THAT MEET SPECIFIC MARKET REQUIREMENTS. THESE FINE
WRITING INSTRUMENTS ARE SOLD TO THE CONSUMER MARKET THROUGH UPSCALE
STORES WORLDWIDE AND TO THE BUSINESS GIFT MARKET VIA A NETWORK OF
COMPANIES SPECIALIZING IN RECOGNITION AND AWARDS PROGRAMS.
THE PEN COMPUTING GROUP IS A DIVISION OF THE A.T. CROSS COMPANY
THAT DESIGNS AND MANUFACTURES ELECTRONIC PEN PRODUCTS.

Table of Contents

Five-Year Summary, Market & Dividend Information             - page    1
Shareholders' Report                                         - pages  2-4
Consolidated Balance Sheets                                  - page    5
Consolidated Statements of Operations                        - page    6
Consolidated Statements of Comprehensive Income (Loss)       - page    6
Consolidated Statements of Changes in Shareholders' Equity   - page    7
Consolidated Statements of Cash Flows                        - page    8
Notes to Consolidated Financial Statements                   - pages  9-19
Report of Deloitte & Touche LLP                              - page    20
Management's Discussion & Analysis                           - pages 21-24
Directors, Officers & Corporate Information                  - inside back cover

<TABLE>
FIVE-YEAR SUMMARY
A.T. CROSS COMPANY & SUBSIDIARIES
<CAPTION>
(THOUSANDS OF DOLLARS)                1999     1998     1997     1996     1995
OPERATIONS:
<S>                                 <C>      <C>      <C>      <C>      <C>
Net Sales From Continuing
 Operations                         $126,994 $152,783 $154,086 $166,889 $175,610
Income (Loss) From Continuing
 Operations Before Income Taxes      (20,044)  (7,064)  (4,443)   8,075   18,645
Provision (Benefit) For Income Taxes     239   (2,472)  (1,555)   2,163    6,082
Income (Loss) From Continuing
 Operations                          (20,283)  (4,592)  (2,888)   5,912   12,563
Income (Loss) From Discontinued
 Operations, Net                         170     (853)  (3,790)     694      802
Net Income (Loss)                    (20,113)  (5,445)  (6,678)   6,606   13,365
Cash Dividends Declared                    -    3,971    6,600   10,568   10,581


<CAPTION>
(THOUSANDS OF DOLLARS)                1999     1998     1997     1996     1995
FINANCIAL POSITION:
<S>                                 <C>      <C>      <C>      <C>      <C>
Current Assets                        93,298  112,419  109,779  118,303  130,647
Current Liabilities                   44,480   46,258   39,264   41,822   47,943
Total Assets                         136,722  156,337  158,019  174,122  184,867
Working Capital                       48,818   66,161   70,515   76,481   82,704
Accrued Warranty Costs                 5,821    5,821    5,821    5,509    5,209
Shareholders' Equity                  86,421  104,257  112,934  126,791  131,714

<CAPTION>
(DOLLARS)                             1999     1998     1997     1996     1995
PER SHARE DATA:
<S>                                 <C>      <C>      <C>      <C>      <C>
Basic and Diluted Earnings (Loss)
 Per Share:
   Continuing Operations               (1.22)   (0.28)   (0.17)    0.36     0.76
   Discontinued Operations              0.01    (0.05)   (0.23)    0.04     0.05
Net Income (Loss)                      (1.21)   (0.33)   (0.40)    0.40     0.81
Cash Dividends Declared                    -     0.24     0.40     0.64     0.64
<FN>
Certain amounts in prior years have been revised to conform to the fiscal 1999
presentation.
</FN>
</TABLE>

MARKET & DIVIDEND INFORMATION

The Company's Class A common stock is traded on the American Stock Exchange
(symbol: ATX). There is no established trading market for the Company's Class B
common stock.  At January 1, 2000, there were approximately 1,600 shareholders
of record of the Company's Class A common stock and 2 shareholders of record of
the Company's Class B common stock.  The weighted average numbers of shares
outstanding were 16,568,307 and 16,534,143 during 1999 and 1998, respectively.
<TABLE>
High and low stock prices and dividends for the last two years were:
<CAPTION>
                               CASH                                      CASH
                             DIVIDENDS                                 DIVIDENDS
QUARTER    HIGH       LOW    DECLARED    QUARTER    HIGH      LOW      DECLARED
1999                                     1998
<S>       <C>        <C>     <C>         <C>       <C>       <C>       <C>
First     7 3/4      5 1/4    $.00       First     12 1/4    10 1/8      $.00
Second    7 3/16     5 1/2     .00       Second    14 1/4    10 1/16      .08
Third     5 7/8      4         .00       Third     13 7/16    7           .08
Fourth    5 15/16    4 1/8     .00       Fourth     8 1/2     4 7/8       .08
</TABLE>

                                     [1]


SHAREHOLDERS' REPORT

TO THE SHAREHOLDERS OF A.T. CROSS COMPANY

In November of 1999, I was appointed President and Chief Executive Officer of
A.T. Cross.  The opportunity appealed to me because I saw in Cross a company
with a globally-respected brand name, a reputation for product quality and
passionate employees.  I believed that with these resources, Cross could build
the most exciting and profitable writing instrument company in the world.  Three
months of intense effort to understand the business have confirmed my belief
that we can achieve that position.  In fact, we have already begun to make
progress.
  Before I speak to the future, we will review the past.  1999 was a difficult
year for A.T. Cross.  Revenue, at $127.0 million, was down 16.9%.  The result
was a net loss of  $20.1 million or $1.21 per share.  Early in the year it
became clear that our investments in the Pen Computing Group and timepieces were
a significant drain on the Company's financial and human resources.  As a
result, in the fourth quarter, the Company discontinued the CrossPad product
line, which accounted for the bulk of the Pen Computing business.  Additionally,
during the last half of the year, we moved to a licensing arrangement for
timepieces.  While these actions resulted in a significant loss, the benefit is
that we are now focused on what we do best - develop and market quality writing
instruments.
  In 1999, writing instrument revenue declined 3.2%.  Importantly, operating
profit from this business was $3.4 million in 1999, compared to a $274,000
operating loss in 1998.  Significantly improved writing instrument profitability
will be a major focus in 2000.  It is great that we began moving in this
direction in 1999.
  Our revenue in Asia grew 37.2%.  The Cross brand is very well regarded in this
region.  All three divisions of our Asian business - Retail, Duty Free and
Business Gift - performed well.  While a better economy certainly helped this
performance, another major factor was the work done in 1998 and early 1999 to
improve the quality of our merchandising and distribution in the key markets of
Hong Kong, Taiwan, Singapore and  China.  Asia has been our test market for a
new point-of-sale system, which includes a unified presentation of innovative
displays and imagery as well as Cross managed shops at major retail locations.
These efforts have been well received, and we will take the best of this
learning and expand it to other markets.
  Our Europe, Middle East and Africa ("EMEA") revenue was down 7.5% versus 1998.
While this result was disappointing, it was the first time since 1993 that our
business in this market has failed to grow; we view this as an aberration.  The
performance was driven by declines in Eastern Europe and the Middle East where
poor economic conditions adversely affected the overall writing instrument
market and Cross.  Importantly, our Western European markets, the UK, Ireland,
Spain, France and Germany all made progress.  In these markets, our distribution
is strong and our reputation for service and quality is excellent.  Now we need
to leverage the critical mass that we have built.  Our priority will be to make
more consumers aware of Cross and its product line.  We will do this in a
compelling way.  To accomplish this objective, we intend to make marketing
investment, specifically consumer communication, in the EMEA region a priority.
  Our revenue in North and South America (the "Americas"), driven by the United
States, declined 8.3%.  This market, our largest, is our greatest challenge.  As
in Asia and EMEA, the Cross brand is well regarded in the Americas.  The
challenge is that it has been quite some time since Cross and the writing
instrument category, in general, have excited consumers.  As a result, the
retail sector of the quality writing instrument market is relatively flat and
price competition is more prevalent than in the past.  Certainly, attempts have
been made to stimulate the business through new product introductions and value-
added retail promotions.  Few of these programs have had a significant impact.
Importantly, while consumer demand has waned, support from our customers has
been solid.  We appreciate their patience and intend to reward it by bringing
innovation and greatly increased advertising support to the market in 2000.
Clearly, U.S. consumers need to be reminded what a great product or gift Cross
represents.  We will not only remind them but also persuade them during 2000.
  The trend in our retail business has carried over to the Business Gift
division of our business.  In this area, we are in close competition not only
with other writing instrument companies, but also makers of apparel, watches and
other gift items.

                                     [2]


Of late, Cross has not been as interesting to end users as these other options.
Additionally, our business review has indicated that we can structure our
organization differently to better reach the distributors who play such an
important role in this market.  The combination of new products and increased
marketing support, along with a restructured Business Gift organization, will
generate greatly improved Business Gift results in 2000.
  2000 will be a milestone year for A.T. Cross.  We will focus on three
objectives:

  1.  We will put our writing instrument  business on a relentless path to
      meaningful profitability.

  2.  We will excite consumers and our retail partners about the Cross brand.

  3.  We will leverage our manufacturing and service expertise to develop
      profitable OEM opportunities with key partners.

1.  Meaningful Profitability
  Our core business is burdened with too much cost.  This has led to a sub-par
profit performance.  Additionally, it has resulted in a scarcity of funds to
invest in revenue generating programs.  We have closely scrutinized all of our
costs, our overhead costs in particular.  I am committed to managing and growing
Cross from a cost base that is appropriate.  The cost base will reflect the need
to invest in sound growth opportunities as well as the imperative to improve
profit.  In my review of our operations, I have seen ways we can reduce costs by
changing the way we do business.  Importantly, these changes can be made without
impacting the quality of our product or the service we provide our customers.
Cross employees, who have suggested many of these changes, are ready to execute
the programs.  In 2000, we will reduce our cost structure.  Some of the funds we
release will be used to provide investment in growth.  Other costs will simply
be eliminated to provide greater profit and cash flow.  The result will be a
more efficient and profitable writing instrument business.

2.  Excitement
  Cross can be an innovative company.  Over time, we have been.  In the future,
we will be.  In 2000, we will place great effort into the development and launch
of innovative new products.  To generate enthusiasm among our trade and
consumers, we will focus our design team on integrating design, packaging and
visual treatments to create a high quality and desirable product.  Then, we will
deliver the product when promised and follow up with compelling communication to
the consumer.  In the recent past, one or several of these elements has been
missing from our new product launch programs and the effort has stalled.  This
will change.
  Our first introduction of the 21st century will be the Cross Morph_ pen.
This pen, which adjusts for comfort to the writer's grip, is new, different,
well designed, technically advanced and has already been successfully tested
with one of our major retail partners.  We are pleased to announce that the
Cross Morph TM pen has been awarded "Best Technical Design" in the 6th Annual
Pen World International Readers' Choice Awards.  Through advertising and point-
of-sale, this product will project an updated image for Cross.  The image will
be one that will give our current consumers a reason to make another Cross
purchase and new consumers a reason to join the franchise.


(Photograph of David G. Whalen, President and CEO, and Russell A. Boss,
Chairman)

                                     [3]


We intend to make this the largest Cross product launch since the incredibly
successful Classic Black in 1981.
  This is just a beginning.  For Cross to be known as a place of innovation, we
must make it our mission to launch new products that are desired by consumers
and profitable for Cross and our customers.  To properly manage this effort, we
have recently recruited an expert from the accessories industry with a track
record of developing successful new product strategies and programs.  Under her
leadership, we will restructure our approach to launching new products.  Our
success rate will improve.  The message is that an integrated and innovative new
products program is critical to the future of Cross.  We will invest heavily to
make this effort successful and enduring.
  No discussion of excitement and innovation would be complete without speaking
of the direction for our Internet site: www.cross.com. The traffic on our site
during 1999 was robust.  Consumers purchased a wide array of products from Cross
or were directed to Cross retailers.  Many past consumers of Cross products were
reintroduced to the brand and new, younger consumers joined the family.  In
short, cross.com will be a very successful pillar of the Company.  We will use
it to test, innovate, dialogue and ultimately sell to our consumers.  Check it
out.  You will be impressed.
  Our 2000 goal will be to build energy and excitement around the Cross brand.
We aim to peak this excitement in the fourth quarter in order to have a strong
holiday season and growing momentum as we move into 2001.

3.  OEM Opportunities
  Cross is known as a company that manufactures a quality product and delivers
it on time.  This is a great core competency.  This reputation has helped us
develop writing instrument OEM relationships with several retailers who own very
powerful brands.  We intend to expand this effort, profitably, with other
partners with outstanding brand names.  We will be selective.  The partnerships
that we build will be successful.
  Additionally, there is a market for the expertise we have developed in
manufacturing pen computing products.  We are currently reviewing several
options to become the OEM manufacturer for companies looking to expand their
efforts in this area.  Again, these relationships will be profitable for Cross
and its partners.

  These three objectives represent a "back to basics" approach at Cross.  We
have set ambitious targets by which we will measure the success of these
efforts.  We will focus all of our resources to achieve these targets.  We will
look to lead the quality writing instrument industry in innovation and
profitability and satisfy the toughest critics around - ourselves.
  Some of the actions necessary to bring meaningful profitability and excitement
to consumers involve changes to the way Cross has done business.  As we
undertake these efforts,  particularly downsizing, I want to thank all for
understanding the need for these changes and their cooperation in making these
happen.  Restructuring is most difficult but absolutely necessary for the well
being of Cross in the 21st century.
  Lastly, Ted Torrance has decided not to stand for re-election to our Board of
Directors.  We, at Cross, thank him for his many years of service to the Company
and wish him well in his future endeavors.
  Cross is moving forward again.  Our balance sheet is strong.  Our brand is
powerful.  Our Board and our employees are committed.  Thank you for your
continued support.  Ron Boss and I look forward to working for you as we at
Cross make the Company one of growth and profitability.


                Cordially yours,

David G. Whalen               Russell A. Boss
President and CEO             Chairman
DAVID G. WHALEN               RUSSELL A. BOSS


February 11, 2000

                                     [4]


<TABLE>
CONSOLIDATED BALANCE SHEETS
A. T. CROSS COMPANY & SUBSIDIARIES
<CAPTION>
                                                      JANUARY 1,   DECEMBER 31,
                                                         2000          1998
                                                    ____________   ____________
<S>                                                 <C>            <C>
ASSETS
Current Assets
  Cash and cash equivalents                         $ 12,843,016   $ 22,781,212
  Short-term investments                              20,484,895     21,717,182
  Accounts receivable, less allowances for
   doubtful accounts of $1,352,000 in 1999 and
    $1,551,000 in 1998                                28,360,549     34,273,700
  Inventories
    Finished goods                                     5,277,104      7,520,329
    Work in process                                    4,257,364      5,646,038
    Raw materials                                      7,215,942      6,662,166
                                                    ____________   ____________
                                                      16,750,410     19,828,533

  Deferred income taxes                                8,685,453      6,535,741
  Other current assets                                 6,173,308      7,282,781
                                                    ____________   ____________
Total Current Assets                                  93,297,631    112,419,149

Property, Plant and Equipment
  Land and land improvements                           1,274,453      1,274,453
  Buildings                                           17,925,047     17,849,947
  Machinery and equipment                            102,725,534     96,218,911
                                                    ____________   ____________
                                                     121,925,034    115,343,311
  Less allowances for depreciation                    85,229,426     76,719,081
                                                    ____________   ____________
Net Property, Plant and Equipment                     36,695,608     38,624,230

Deferred Income Taxes                                    973,861      2,897,525
Intangibles and Other Assets                           5,754,977      2,395,692
                                                    ____________   ____________
Total Assets                                        $136,722,077   $156,336,596
                                                    ============   ============
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities
  Note payable to bank                              $  8,300,000   $  6,000,000
  Accounts payable                                     5,776,134      6,170,111
  Accrued compensation and related taxes               2,813,506      2,745,844
  Accrued expenses and other liabilities              16,720,944     21,246,344
  Contributions payable to employee benefit plans     10,474,058     10,096,195
  Income taxes payable                                   395,740              -
                                                    ____________   ____________
Total Current Liabilities                             44,480,382     46,258,494

Accrued Warranty Costs                                 5,821,000      5,821,000
Commitments and Contingencies (Notes A and N)

Shareholders' Equity
  Common stock, par value $1 per share:
   Class A-authorized 40,000,000 shares, 15,893,232
   shares issued and 15,267,166 shares outstanding
   at January 1, 2000, and 15,344,162 shares issued
   and 14,743,096 shares outstanding at
   December 31, 1998                                  15,893,232     15,344,162
  Class B-authorized 4,000,000 shares, 1,804,800
   shares issued and outstanding at January 1, 2000
   and December 31, 1998                               1,804,800      1,804,800
  Additional paid-in capital                          15,026,809     12,433,190
  Unearned compensation on restricted stock             (615,946)             -
  Retained earnings                                   63,974,006     84,087,256
  Accumulated other comprehensive loss                  (475,380)      (446,730)
                                                    ____________   ____________
                                                      95,607,521    113,222,678

  Treasury stock, at cost, 626,066 shares in 1999
   and 601,066 shares in 1998                         (9,186,826)    (8,965,576)
                                                    ____________   ____________
Total Shareholders' Equity                            86,420,695    104,257,102
                                                    ____________   ____________
Total Liabilities and Shareholders' Equity          $136,722,077   $156,336,596
                                                    ============   ============
<FN>
See notes to consolidated financial statements.
</FN>
</TABLE>

                                     [5]


<TABLE>
CONSOLIDATED STATEMENTS OF OPERATIONS
A. T. CROSS COMPANY & SUBSIDIARIES
<CAPTION>
                                      52 WEEKS ENDED        YEAR ENDED
                                         JANUARY 1,  DECEMBER 31,  DECEMBER 31,
                                           2000          1998          1997
                                      ______________ ____________  ____________
<S>                                   <C>            <C>           <C>
  Net sales                            $126,993,510  $152,782,867  $154,085,976
  Cost of goods sold                     75,332,854    84,726,656    80,914,131
                                       ____________  ____________  ____________
  Gross Profit                           51,660,656    68,056,211    73,171,845

  Selling, general and administrative
   expenses                              63,402,242    69,759,206    72,158,914
  Research and development expenses       2,923,826     4,359,587     3,366,683
  Service and distribution costs          3,218,869     3,510,952     4,048,081
  Loss on impairment of assets            2,980,132             -             -
                                       ____________  ____________  ____________
  Operating Loss                        (20,864,413)   (9,573,534)   (6,401,833)

  Interest and other                        820,037     2,509,692     1,958,920
                                       ____________  ____________  ____________
Loss from Continuing Operations Before
 Income Taxes                           (20,044,376)   (7,063,842)   (4,442,913)
  Provision (benefit) for income taxes      239,000    (2,472,000)   (1,555,000)
                                       ____________  ____________  ____________
Loss from Continuing Operations         (20,283,376)   (4,591,842)   (2,887,913)

Discontinued Operations, Less
 Income Taxes (Benefit)
  Loss from operations                     (868,000)   (2,506,308)   (1,451,179)
  Income (loss) on disposal               1,038,126     1,653,307    (2,339,366)
                                       ____________  ____________  ____________
 Income (Loss) from Discontinued
 Operations (Net of Income Taxes)           170,126      (853,001)   (3,790,545)
                                       ____________  ____________  ____________
Net Loss                               $(20,113,250) $ (5,444,843) $ (6,678,458)
                                       ============  ============  ============

Basic and Diluted Earnings (Loss)
 Per Share:
  Continuing operations                     $ (1.22)      $ (0.28)      $ (0.17)
  Discontinued operations                      0.01         (0.05)        (0.23)
                                            _______       _______       _______
Net Loss Per Share                          $ (1.21)      $ (0.33)      $ (0.40)
                                            =======       =======       =======

Weighted Average Shares Outstanding:
Denominator for basic earnings
 per share                               16,568,307    16,534,143    16,497,687
Effect of Dilutive Securities:
Common stock equivalents                        -(A)          -(A)          -(A)
                                         __________    __________    __________
Denominator for Diluted Earnings
Per Share                                16,568,307    16,534,143    16,497,687
                                         ==========    ==========    ==========
<FN>
(A)  No incremental shares related to options or restricted stock granted are
included due to the loss from continuing operations.
</FN>
</TABLE>

<TABLE>
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
A. T. CROSS COMPANY & SUBSIDIARIES
<CAPTION>
                                      52 WEEKS ENDED        YEAR ENDED
                                         JANUARY 1,  DECEMBER 31,  DECEMBER 31,
                                           2000          1998          1997
                                      _____________  ____________  ____________
<S>                                   <C>            <C>           <C>
Net Loss                               $(20,113,250) $ (5,444,843) $ (6,678,458)
Other Comprehensive Income (Loss)
 (Net of Tax):
  Foreign currency translation
   adjustments                             (271,073)      255,543      (681,397)
  Unrealized gain on investment             242,423             -             -
                                       ____________  ____________  ____________
Comprehensive Loss                     $(20,141,900) $ (5,189,300) $ (7,359,855)
                                       ============  ============  ============
<FN>
See notes to consolidated financial statements.
</FN>
</TABLE>

                                     [6]



<TABLE>
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
A. T. CROSS COMPANY & SUBSIDIARIES
<CAPTION>

                                                                                                            UNEARNED
                                                               COMMON STOCK                   ADDITIONAL  COMPENSATION
                                                      CLASS A                 CLASS B           PAID-IN   ON RESTRICTED
                                                SHARES       AMOUNT     SHARES      AMOUNT      CAPITAL       STOCK
                                              _______________________  _____________________  ___________  ____________
<S>                                           <C>         <C>          <C>        <C>         <C>         <C>
Balances at January 1, 1997                   15,282,412  $15,282,412  1,804,800  $1,804,800  $11,837,534  $       -
 Cancellation of restricted stock
 Other shares issued                               2,926        2,926                              32,810
 Stock purchase plan                               9,314        9,314                              88,326
 Foreign currency translation adjustments
 Cash dividends declared
 Net loss
                                              __________  ___________  _________  __________  ___________  _________
Balances at December 31, 1997                 15,294,652   15,294,652  1,804,800   1,804,800   11,958,670          -
 Cancellation of restricted stock
 Stock option activity                            27,168       27,168                             258,767
 Stock purchase plan                               7,342        7,342                              71,378
 Restricted stock plan                            15,000       15,000                             144,375
 Foreign currency translation adjustments
 Cash dividends declared
 Net loss
                                              __________  ___________  _________  __________  ___________  _________
Balances at December 31, 1998                 15,344,162   15,344,162  1,804,800   1,804,800   12,433,190          -
 Cancellation of restricted stock
 Other shares issued (see Note M)                380,952      380,952                           1,857,141
 Stock purchase plan                               8,118        8,118                              37,728
 Restricted stock plan                           160,000      160,000                             698,750
 Grant of restricted stock for future services                                                              (796,875)
 Amortization of unearned compensation                                                                       180,929
 Unrealized gain on investment (net of tax)
 Foreign currency translation adjustments
 Net loss
                                              __________  ___________  _________  __________  ___________  _________
Balances at January 1, 2000                   15,893,232  $15,893,232  1,804,800  $1,804,800  $15,026,809  $(615,946)
                                              ==========  ===========  =========  ==========  ===========  =========
<FN>
See notes to consolidated financial statements.
</FN>
<CAPTION>
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (CONTINUED)

                                                           ACCUMULATED
                                                              OTHER        TREASURY STOCK          TOTAL
                                                 RETAINED  COMPREHENSIVE __________________    SHAREHOLDERS'
                                                 EARNINGS  INCOME (LOSS)  SHARES    AMOUNT        EQUITY
                                              ____________  _________   ____________________   _____________
<S>                                           <C>          <C>          <C>      <C>           <C>
Balances at January 1, 1997                   $106,781,204  $ (20,876)  596,363  $(8,894,149)  $126,790,925
 Cancellation of restricted stock                                         2,017      (30,633)       (30,633)
 Other shares issued                                                                                 35,736
 Stock purchase plan                                                                                 97,640
 Foreign currency translation adjustments                    (681,397)                             (681,397)
 Cash dividends declared                        (6,599,816)                                      (6,599,816)
 Net loss                                       (6,678,458)                                      (6,678,458)
                                              ____________  _________   _______  ___________   ____________
Balances at December 31, 1997                   93,502,930   (702,273)  598,380   (8,924,782)   112,933,997
 Cancellation of restricted stock                                         2,686      (40,794)       (40,794)
 Stock option activity                                                                              285,935
 Stock purchase plan                                                                                 78,720
 Restricted stock plan                                                                              159,375
 Foreign currency translation adjustments                     255,543                               255,543
 Cash dividends declared                        (3,970,831)                                      (3,970,831)
 Net loss                                       (5,444,843)                                      (5,444,843)
                                              ____________  _________   _______  ___________   ____________
Balances at December 31, 1998                   84,087,256   (446,730)  601,066   (8,965,576)   104,257,102
 Cancellation of restricted stock                                        25,000     (221,250)      (221,250)
 Other shares issued (see Note M)                                                                 2,238,093
 Stock purchase plan                                                                                 45,846
 Restricted stock plan                                                                              858,750
 Grant of restricted stock for future services                                                     (796,875)
 Amortization of unearned compensation                                                              180,929
 Unrealized gain on investment (net of tax)                   242,423                               242,423
 Foreign currency translation adjustments                    (271,073)                             (271,073)
 Net loss                                      (20,113,250)                                     (20,113,250)
                                              ____________  _________   _______  ___________   ____________
Balances at January 1, 2000                   $ 63,974,006  $(475,380)  626,066  $(9,186,826)  $ 86,420,695
                                              ============  =========   =======  ===========   ============
<FN>
See notes to consolidated financial statements.
</FN>
</TABLE>

                                     [7]



<TABLE>
CONSOLIDATED STATEMENTS OF CASH FLOWS
A. T. CROSS COMPANY & SUBSIDIARIES
<CAPTION>
                                     52 WEEKS ENDED          YEAR ENDED
                                        JANUARY 1,   DECEMBER 31,   DECEMBER 31,
                                          2000           1998           1997
                                     ______________  ____________  ____________
<S>                                  <C>             <C>           <C>
CASH PROVIDED BY (USED IN):
Operating Activities:
 Loss from continuing operations      $(20,283,376)  $ (4,591,842) $ (2,887,913)
  Adjustments to reconcile loss from
  continuing operations to net cash
  provided by (used in) continuing
  operations:
   Depreciation and amortization         8,595,994      8,344,631     8,226,180
   Provision for write down of
    impaired assets                      2,980,132              -             -
   Provision for losses on accounts
    receivable                             801,346         41,580       648,140
   Deferred income taxes                  (360,048)    (3,495,323)     (564,540)
   Provision for warranty costs            263,845        330,910       742,764
   Unrealized loss on trading
    securities                             580,000              -             -
  Changes in operating assets and
  liabilities:
   Accounts receivable                   4,944,478      3,403,964     4,259,812
   Inventories                           3,765,861     (2,246,508)       36,007
   Other assets - net                      808,786        425,764      (247,476)
   Accounts payable                       (389,978)      (143,182)      433,057
   Other liabilities - net              (3,920,806)     1,595,244     4,862,623
   Warranty costs paid                    (263,845)      (330,910)     (430,764)
   Foreign currency transaction loss       806,960         19,418       927,356
                                      ____________   ____________  ____________
Net Cash Provided by (Used in)
 Continuing Operations                  (1,670,651)     3,353,746    16,005,246

Discontinued operations:
 Income (loss) from discontinued
  operations                               170,126       (853,001)   (3,790,545)
 Changes in operating assets and
  liabilities                            1,721,341       (313,050)   10,797,753
Net Cash Provided by (Used in)        ____________   ____________  ____________
 Discontinued Operations                 1,891,467     (1,166,051)    7,007,208

Net Cash Provided by Operating        ____________   ____________  ____________
 Activities                                220,816      2,187,695    23,012,454

Investing Activities:
 Investment in NeoMedia                 (2,000,000)             -             -
 Additions to property, plant and
  equipment                             (7,916,690)    (6,460,646)   (7,470,742)
 Proceeds from sale of building                  -              -     4,200,000
 Purchase of short-term investments    (10,688,437)   (19,410,316)  (10,098,309)
 Sale or maturity of short-term
  investments                           11,340,724     19,300,427    15,779,983
Net Cash Provided by (Used in)        ____________   ____________  ____________
 Investing Activities                   (9,264,403)    (6,570,535)    2,410,932

Financing Activities:
 Cash dividends paid                             -     (5,291,210)   (7,917,972)
 Proceeds from bank borrowings           9,000,000     11,000,000    12,400,000
 Repayment of bank borrowings           (9,500,000)    (5,000,000)  (18,400,000)
 Proceeds from sale of Class A common
  stock                                     45,846        323,861       102,743
Net Cash Provided by (Used in)        ____________   ____________  ____________
 Financing Activities                     (454,154)     1,032,651   (13,815,229)

Effect of exchange rate changes on
 cash and cash equivalents                (440,455)       330,624      (574,863)
Increase (decrease) in cash and cash  ____________   ____________  ____________
 equivalents                            (9,938,196)    (3,019,565)   11,033,294
Cash and cash equivalents at beginning
 of year                                22,781,212     25,800,777    14,767,483
Cash and Cash Equivalents at End      ____________   ____________  ____________
 of Year                              $ 12,843,016   $ 22,781,212  $ 25,800,777
                                      ============   ============  ============
<FN>
See notes to consolidated financial statements.
</FN>
</TABLE>

                                     [8]


NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
A.T. CROSS COMPANY & SUBSIDIARIES

January 1, 2000


NOTE A - SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation:  The consolidated financial statements include the
accounts of A.T. Cross Company and its subsidiaries (the "Company").  Upon
consolidation, all material intercompany accounts and transactions are
eliminated.

Reclassification of Prior Years' Financial Statements:  Certain amounts in prior
years have been reclassified in order to permit comparison to fiscal 1999 and to
present timepieces as a discontinued operation.

Accounting for Estimates:  The preparation of financial statements in accordance
with generally accepted accounting principles requires the Company to make
assumptions that affect the estimates reported in these consolidated financial
statements.  Actual results may differ from these estimates.

Revenue Recognition:  Revenue from sales is recognized upon shipment or delivery
of goods.  Provision is made at the time the related revenue is recognized for
estimated product returns, term discounts and rebates.

Change of Accounting Periods:  To facilitate the implementation of a
standardized worldwide reporting system, as of January 1, 1999 the Company
changed from a calendar quarter and year end closing schedule to a 13 week
quarter end close and a 52/53 week fiscal year close.  This change did not have
a material impact on sales or results of operations in fiscal 1999 as compared
to fiscal 1998.

Industry Segments and Nature of Operations:  The Company has two reportable
segments, quality writing instruments and pen-based computing products.  The
Company manufactures quality writing instruments, principally ball-point pens,
fountain pens, selectip rolling ball pens and mechanical pencils, and sells and
distributes them to retailers and wholesale distributors throughout the world.
Pen-based computing products are manufactured and distributed, principally in
the United States, through the Company's Pen Computing Group ("PCG").  During
fiscal year 2000, the Company expects to launch NetPen, which will link print
media to the internet.  The accounting policies of these segments are the same
as those described in the summary of significant accounting policies.  The
Company evaluates segment performance based upon profit or loss from operations
before income taxes.  Interest and other is included in the quality writing
instruments segment.  The Company's reportable segments are strategic business
units that offer different product lines.  They are managed separately as each
unit requires different technologies and marketing strategies.

Cash Equivalents and Short-Term Investments:  The Company considers all highly
liquid investments with a remaining maturity of three months or less when
purchased to be cash equivalents.  Short-term investments are stated at fair
market value and consist of interest-bearing investments with a remaining
maturity of greater than three months when purchased.  At January 1, 2000 and
December 31, 1998 short-term investments include time deposits, certificates of
deposit,  municipal bonds and U.S. Government Agency bonds and treasury notes
("trading securities").  Cash equivalents and short-term investments are placed
only with high-credit quality financial institutions.  At January 1, 2000 and
December 31, 1998, approximately 51% and 47%, respectively, of the Company's
cash, cash equivalents and short-term investments were placed with one financial
institution.

Investments in Marketable Securities:  The Company considers its investment in
NeoMedia Technologies, Inc. as available-for-sale and carries the investment at
market value.  Unrealized holding gains and losses, net of the related tax
effect, on available-for-sale securities are included in Accumulated other
comprehensive income (loss), which is reflected in shareholders' equity.

Inventories:  Domestic writing instrument inventories are priced at the lower of
last-in, first-out ("LIFO") cost or market.  The remaining inventories are
priced at the lower of first-in, first-out ("FIFO") cost or market.

Property, Plant and Equipment, and Related Depreciation:  Property, plant and
equipment are stated on the basis of cost.  Provisions for depreciation are
computed using a combination of accelerated and straight-line methods, which are
intended to depreciate the cost of such assets over their estimated useful
lives, which range from three to thirty years.

Barter Transactions:  The Company periodically enters into barter transactions
for advertising credits.  The advertising credits are valued at the lower of the
net book value or fair market value of the assets exchanged or the fair market
value of the advertising credits received and are included in Other current
assets.  At the end of fiscal 1999 and 1998 the carrying amount of these credits
approximated $16,000 and $1,300,000, respectively.  No new barter transactions
were entered into in fiscal 1999.

Derivatives:  The Company has a program in place to manage foreign currency
risk.  As part of that program, the Company can enter into foreign currency
exchange contracts to hedge anticipated foreign currency transactions or
commitments, primarily purchases of materials and products from foreign
suppliers, and certain foreign currency denominated balance sheet positions.
The terms of the contracts generally correspond with the dates of the
anticipated foreign currency transactions.  Realized and unrealized gains and
losses on those contracts intended to hedge specific foreign currency
transactions or commitments are deferred and accounted for as part of the
transaction, while gains and losses on other contracts are included in Net Loss.
Foreign currency exchange losses are included in Selling, general and
administrative expenses and approximated $760,000, $599,000 and $1,060,000 in
fiscal 1999, 1998 and 1997, respectively.

Commitments:  To reduce its exposure to fluctuating gold prices, the Company
enters into gold purchase commitments with a third party.  These contracts
require the Company to purchase a specified quantity of gold bullion at a fixed
price in the future and to pay a monthly fee on the total value of each
contract.  The rate of the fee on each contract is selected from a pool of
available rates related to the federal funds rate or the London Interbank
Offering Rate (LIBOR).  At January 1, 2000, the total contract prices of
outstanding gold purchase commitments amounted to approximately $1,100,000.
  The Company incurs royalty expense related to the sale of certain PCG
products.  These royalties are paid to suppliers of certain software and
hardware components, principally for its iPen, CrossPad and CrossPadXP products.

                                     [9]


Marketing Support Costs:  The costs of marketing support (including advertising)
are charged to expense as incurred and amounted to $17,462,000, $23,876,000 and
$22,798,000 for the years ended January 1, 2000, December 31, 1998 and 1997,
respectively.  Accrued marketing support expenses were $4,200,000 and $5,500,000
for fiscal 1999 and 1998, respectively, and are included in Accrued expenses and
other liabilities.

Warranty Costs:  The Company's writing instruments are sold with a full warranty
of unlimited duration against mechanical failure, while PCG products are sold
with a one-year limited warranty.  Estimated warranty costs are accrued at the
time of sale.  Discretionary product repair and replacement costs, not related
to mechanical failure, are included in Service and distribution costs.

Net Income (Loss) Per Share:  Net Income (Loss) Per Share is computed based upon
the weighted average number of shares of Class A and Class B common stock
outstanding during the year.  Basic and Diluted Earnings (Loss) Per Share are
presented in accordance with Statement of Financial Accounting Standards
("SFAS") No. 128, "Earnings per Share."  Common stock equivalents, comprised of
stock options and restricted stock, have been excluded from the computation of
diluted earnings per share because of their anti-dilutive effect for all periods
presented.

Comprehensive Income (Loss):  The Company adopted SFAS No. 130, "Reporting
Comprehensive Income" in fiscal 1998.  SFAS No. 130 requires the reporting of
comprehensive income, which, in the case of the Company, is the combination of
reported net income (loss), unrealized gain on investments designated as
available-for-sale and the change in foreign currency translation adjustment,
which are components of shareholders' equity.  The adoption of SFAS No. 130 had
no impact on the Company's results of operations.

Long-Lived Assets:  The Company evaluates the carrying value of its long-lived
assets relying on a number of factors, including operating results, future
anticipated cash flows, business plans and certain economic projections.  In
addition, the Company's evaluation considers non-financial data such as changes
in the operating environment, competitive information, market trends and
business relationships.

Goodwill:  Goodwill and other acquisition costs are being amortized on a
straight-line basis over a period of 20 years.  Goodwill is evaluated for
impairment using the methodology described in "Long-Lived Assets."

New Accounting Pronouncement:  During 1998, the Financial Accounting Standards
Board ("FASB") issued SFAS No. 133, "Accounting for Derivative Instruments and
Hedging Activities."  SFAS No. 133 was not required to be implemented until
fiscal year 2000.  In June 1999, the FASB issued SFAS No. 137, "Accounting for
Derivative Instruments and Hedging Activities - Deferral of the Effective Date
of FASB Statment No. 133 - an Amendment of FASB Statement No. 133." SFAS No. 137
delayed the original implementation date of SFAS No. 133 by one year.  This will
require that the Company implement this statement in fiscal year 2001.  Since
its requirements are complex and its scope far reaching, the Company has not
completed its evaluation of the impact of this standard on its consolidated
financial statements.


NOTE B - INVENTORIES
Domestic writing instrument inventories, approximating $5,695,000 and $5,022,000
at January 1, 2000 and December 31, 1998, respectively, are priced at the lower
of LIFO cost or market.  The remaining inventories are priced at the lower of
FIFO cost or market.  If the FIFO method of inventory valuation had been used
for those inventories priced using the LIFO method, inventories would have been
approximately $11,227,000 and $11,788,000 higher than reported at January 1,
2000 and December 31, 1998, respectively.  The Company believes the LIFO method
of inventory valuation ordinarily results in a more appropriate matching of its
revenues to their related costs, since current costs are included in cost of
goods sold, and distortions in reported income due to the effect of changing
prices are reduced.


NOTE C - COMMON STOCK
The Class A and Class B common stock are identical, except for differences with
respect to certain voting rights.  Shareholders are entitled to share equally in
dividends that may be declared by the Board of Directors and, upon liquidation,
to share ratably in any assets that remain available for distribution on the
Class A and Class B common stock.  Holders of Class A common stock are limited
to the election of one-third of the number of directors.

                                     [10]


NOTE D - OMNIBUS INCENTIVE PLAN (THE "OI PLAN")
The Company's OI Plan permits the Compensation Committee to grant various long-
term incentive awards, generally equity based, to officers and key employees
from one pool of reserved shares.  The OI Plan provides for grants of awards,
including but not limited to, Incentive Stock Options, at not less than the full
market value on the date of grant (except in the case of a shareholder
possessing more than 10% of the total combined voting power of all classes of
Company stock, in which case the exercise price shall not be less than 110% of
the fair market value on the date of grant) and Non-Qualified Stock Options, at
an exercise price determined by the Compensation Committee; Stock Appreciation
Rights, which are rights to receive an amount equal to the increase, between the
date of grant and the date of exercise, in the fair market value of the number
of shares of common stock subject to the Stock Appreciation Right; shares of
Restricted Stock, which are common shares that have certain conditions attached
to them, which must be satisfied in order to have unencumbered rights to the
Restricted Stock; and Performance Awards, which are awards in common shares or
cash.  The OI Plan has no definite expiration date but may be terminated by the
Board of Directors at any time.  Incentive Stock Options may not be granted for
a term longer than ten years from the date of grant (five years in the case of a
shareholder possessing more than 10% of the total combined voting power of all
classes of Company stock).  At January 1, 2000 there were 150,000 shares of
Restricted Stock outstanding under the OI Plan.  Compensation expense recognized
in fiscal year 1999 for Restricted Stock under the OI Plan amounted to $180,929.
In addition to Restricted Stock, the only other awards granted under the OI Plan
in fiscal 1999 were Stock Options, as described below.
<TABLE>
  Stock Option activity during the three years ended January 1, 2000 was as
follows:
<CAPTION>
                                               WEIGHTED AVERAGE    SHARES
Stock Option Plan:                    OPTIONS   PRICE PER SHARE   RESERVED
                                     _________ ________________  _________
<S>                                  <C>       <C>               <C>
Outstanding at January 1, 1997       1,561,371      $ 17.01      2,013,619
  Granted                              809,406      $  9.91              -
  Canceled                            (982,033)     $ 16.50              -
                                     _________                   _________
Outstanding at December 31, 1997     1,388,744      $ 16.28      2,013,619
  Additional Shares Reserved                 -            -        200,000
  Granted                              585,762      $  7.82              -
  Exercised                            (27,168)     $ 10.49        (27,168)
  Canceled                            (202,153)     $ 14.27              -
                                     _________                   _________
Outstanding at December 31, 1998     1,745,185      $ 13.27      2,186,451
  Restricted Stock Grants                    -            -       (150,000)
  Granted                              587,783      $  4.62              -
  Canceled                            (297,470)     $ 11.54        (30,050)
                                     _________                   _________
Outstanding at January 1, 2000       2,035,498      $  8.92      2,006,401
                                     =========                   =========
</TABLE>


<TABLE>
The following table contains summary information about the stock options
outstanding at January 1, 2000:
<CAPTION>
                              OPTIONS OUTSTANDING                     OPTIONS EXERCISABLE
                _______________________________________________  ____________________________
   RANGE OF       NUMBER     WEIGHTED AVERAGE  WEIGHTED AVERAGE    NUMBER    WEIGHTED AVERAGE
EXERCISE PRICES OUTSTANDING REMAINING YEARS OF  EXERCISE PRICE   EXERCISABLE  EXERCISE PRICE
                             CONTRACTUAL LIFE
_______________ ___________ __________________ ________________ ____________ ________________
<S>             <C>         <C>                <C>              <C>          <C>
$ 4.34 - $ 4.34     33,683         9.75             $ 4.34                -       $    -
$ 4.56 - $ 4.56    500,000         9.87             $ 4.56                -       $    -
$ 4.75 - $ 5.88     54,100         9.91             $ 5.34           10,840       $ 5.06
$ 6.06 - $ 6.06    425,216         8.93             $ 6.06          289,001       $ 6.06
$ 6.19 - $ 9.69    200,800         7.93             $ 9.02          195,970       $ 9.09
$ 9.97 - $ 9.97    304,561         7.93             $ 9.97          304,561       $ 9.97
$10.00 - $15.19    348,327         5.14             $13.49          348,327       $13.49
$15.44 - $22.33    159,239         2.27             $19.41          159,239       $19.41
$23.91 - $23.91      4,872         1.81             $23.91            4,872       $23.91
$24.81 - $24.81      4,700         1.94             $24.81            4,700       $24.81
                 _________                                        _________
$ 4.34 - $24.81  2,035,498         7.75             $ 8.92        1,317,510       $11.12
                 =========                                        =========
</TABLE>

                                     [11]



The Company also has an Employee Stock Purchase Plan (the "ESP Plan"), allowing
eligible employees, other than officers and directors, to purchase shares of the
Company's Class A common stock at 10% less than the mean between the high and
low prices of the stock on the date of purchase. A maximum of 320,000 shares is
available under the ESP Plan and the aggregate number of shares reserved was
120,956, 129,074 and 136,416 at January 1, 2000, December 31, 1998 and 1997,
respectively.  In addition, the Company has a Restricted Stock Plan under which
10,849 shares of the Company's Class A common stock issued to certain executives
in 1996 remained outstanding at January 1, 2000.  The Company failed to achieve
the related operating targets during the restriction period, which ended with
the fiscal 1999 operating results, and as such, those shares will revert back to
the Company in the first quarter of fiscal 2000.
  The Company applies Accounting Principles Board Opinion No. 25 to account for
its stock option plans.  Accordingly, pursuant to the terms of the stock option
plans, no compensation cost has been recognized.  However, if the Company had
determined compensation cost for stock option grants issued during fiscal 1999,
1998 and 1997 under the provisions of SFAS No. 123, the Company's Net Loss and
Net Loss Per Share would have been negatively impacted by approximately
$1,048,000 ($0.06 per share), $778,000 ($0.05 per share) and $1,485,000 ($0.09
per share), respectively.
<TABLE>
  The fair value of each stock option granted in fiscal 1999, 1998 and 1997
under the Company's stock option plans was estimated on the date of grant using
the Black-Scholes option-pricing model.  The following key assumptions were used
to value grants issued for each of the following years:
<CAPTION>
           WEIGHTED
            AVERAGE          AVERAGE                     DIVIDEND
        RISK-FREE RATE    EXPECTED LIFE    VOLATILITY     YIELD
<S>     <C>               <C>              <C>           <C>
1999         5.00%          5.0 years        53.17%        0.0%
1998         5.00%          5.0 years        41.50%        3.3%
1997         5.00%          5.0 years        34.70%        3.0%
</TABLE>

  The weighted average fair values per share of stock options granted during
fiscal 1999, 1998 and 1997 were $2.38, $2.05 and $2.85, respectively.  It should
be noted that the option-pricing model used was designed to value readily
tradable stock options with relatively short lives.  The options granted to
employees are not tradable and have contractual lives of up to ten years.
However, management believes that the assumptions used and the model applied to
value the awards yields a reasonable estimate of the fair value of the grants
made under the circumstances.


NOTE E - EMPLOYEE BENEFIT PLANS
During 1998, the Company adopted the provisions of SFAS No. 132, "Employer's
Disclosures about Pensions and Other Postretirement Benefits."  The Company has
a non-contributory defined benefit pension plan and a defined contribution
retirement plan (consisting of a savings plan and a non-contributory profit
sharing plan), which cover substantially all domestic employees.  The Company's
contributions to the savings plan in fiscal 1999, 1998 and 1997 were $626,000,
$673,000 and $720,000, respectively.  There were no profit sharing plan
contributions during this three-year period.  The Company also maintains an
unfunded excess benefit plan for certain key executives.  Employees of non-U.S.
subsidiaries generally receive retirement benefits from company sponsored
defined benefit or defined contribution plans or from statutory plans
administered by governmental agencies in their countries.  The Company does not
provide its employees with any postretirement benefits other than those
described above.
  Benefits under the defined benefit plans are based on the employee's years of
service and compensation, as defined.  The Company's funding policy is
consistent with applicable local laws and regulations.
<TABLE>
  The following table sets forth the defined benefit plans' combined funded
status and amounts recognized in the Company's consolidated balance sheet at the
end of each fiscal year:
<CAPTION>
                                             1999         1998         1997
                                         ___________  ___________  ___________
<S>                                      <C>          <C>          <C>
Change in Projected Benefit Obligation
Benefit obligation at end of prior year  $33,645,000  $30,402,000  $26,546,000
Service cost                               1,675,000    1,793,000    1,795,000
Interest cost                              2,005,000    1,995,000    1,943,000
Participant contributions                      8,000       18,000       16,000
Amendments                                   146,000            -            -
Actuarial loss (gain)                     (4,949,000)     145,000      737,000
Benefits paid                               (780,000)    (708,000)    (635,000)
                                         ___________  ___________  ___________
Benefit obligation at end of year        $31,750,000  $33,645,000  $30,402,000

                                     [12]


NOTE E - EMPLOYEE BENEFIT PLANS (CONTINUED)

<CAPTION>
                                             1999         1998         1997
                                         ___________  ___________  ___________
<S>                                      <C>          <C>          <C>
Change in Plan Assets
Fair value of plan assets at end of
 prior year                              $35,432,000  $29,099,000  $22,870,000
Actual return on plan assets               4,611,000    6,014,000    6,040,000
Employer contributions                       281,000    1,009,000      808,000
Participant contributions                      7,000       18,000       16,000
Benefits paid                               (780,000)    (708,000)    (635,000)
                                         ___________  ___________  ___________
Fair value of plan assets at end of year $39,551,000  $35,432,000  $29,099,000

Funded Status
Excess (deficiency) of plan assets
 over projected benefit obligation       $ 7,801,000  $ 1,787,000  $(1,303,000)
Unrecognized net transition obligation       434,000      467,000      387,000
Unrecognized prior service cost              597,000      542,000      548,000
Unrecognized net actuarial gain          (16,485,000) (10,165,000)  (6,443,000)
Accrued pension cost (included in
 Contributions payable to employee       ___________  ___________  ___________
  benefit plans)                         $(7,653,000) $(7,369,000) $(6,811,000)

Components of Net Periodic Benefit Cost
Service cost                             $ 1,693,000  $ 1,754,000  $ 1,831,000
Interest cost                              2,026,000    1,976,000    1,973,000
Expected return on plan assets            (2,608,000)  (2,137,000)  (1,856,000)
Amortization of net transition obligation    (55,000)     (53,000)     (50,000)
Amortization of prior service cost            50,000       43,000       43,000
Recognized net actuarial gain               (327,000)     (34,000)      (9,000)
                                         ___________  ___________  ___________
Net periodic benefit cost                $   779,000  $ 1,549,000  $ 1,932,000

Weighted Average Assumptions
Discount rate                                  7.50%        6.75%        7.00%
Expected return on plan assets                 9.00%        9.00%        9.00%
Rate of compensation increase                  4.00%        4.00%        4.00%
</TABLE>


NOTE F - INCOME TAXES FROM CONTINUING OPERATIONS
<TABLE>
The provision (benefit) for income taxes from continuing operations consists of
the following:
<CAPTION>
                                             1999         1998         1997
<S>                                      <C>          <C>          <C>
Currently (Receivable) Payable:
 Federal                                 $   300,863  $  (569,778) $(1,639,277)
 State                                        11,500            -            -
 Foreign                                     286,685      476,368      648,817
                                         ___________  ___________  ___________
                                             599,048      (93,410)    (990,460)
Deferred:
 Federal                                    (360,048)  (4,015,786)     274,454
 State                                             -    1,637,196     (838,994)
 Foreign                                           -            -            -
                                         ___________  ___________  ___________
                                            (360,048)  (2,378,590)    (564,540)
                                         ___________  ___________  ___________
                                  Total  $   239,000  $(2,472,000) $(1,555,000)
                                         ===========  ===========  ===========
</TABLE>

A deferred income tax benefit relating to discontinued operations of
approximately $1,117,000 was recorded in fiscal 1998.

                                     [13]


NOTE F - INCOME TAXES FROM CONTINUING OPERATIONS (CONTINUED)

<TABLE>
The reconciliation of income taxes computed at the statutory federal income tax
rate to the provision (benefit) for income taxes from continuing operations is
as follows:
<CAPTION>
                                             1999         1998         1997
                                         ___________  ___________  ___________
<S>                                      <C>          <C>          <C>
Statutory federal income tax benefit     $(7,015,532) $(2,472,344) $(1,555,020)
State income tax expense (benefit),
  less federal tax benefit                     7,475    1,064,178     (459,389)
Foreign operations                         2,142,407      506,779    1,411,973
Deferred tax on undistributed foreign
 earnings not indefinitely reinvested      5,250,000            -            -
Benefit of Foreign Sales Corporation        (112,468)  (1,160,285)    (506,000)
Miscellaneous                                (32,882)    (410,328)    (446,564)
                                         ___________  ___________  ___________
Provision (Benefit) for Income Taxes     $   239,000  $(2,472,000) $(1,555,000)
                                         ===========  ===========  ===========
</TABLE>

<TABLE>
The tax effects of temporary differences that give rise to significant portions
of the deferred tax assets and deferred tax liabilities at January 1, 2000
(fiscal 1999) and December 31, 1998 are presented below:
<CAPTION>
                                             1999         1998
                                         ___________  ___________
<S>                                      <C>          <C>
Current Deferred Tax Assets and
Liabilities:
 Assets:
   Additional costs inventoried for tax
   purposes and inventory reserves not
   deductible for tax purposes           $ 4,401,044  $ 3,087,815
   Excess benefit plan                     1,669,421    1,441,137
   Accrued pension costs                   2,017,658    1,873,122
   Net operating loss carryforward         4,146,250            -
   Other                                     923,886      538,802
                                         ___________  ___________
                                          13,158,259    6,940,876
   Less valuation allowance               (1,534,995)  (1,169,130)
                                         ___________  ___________
Current Deferred Tax Assets               11,623,264    5,771,746
 Liabilities:
   Undistributed foreign earnings not
     indefinitely reinvested               3,500,000            -
   Unrealized gain on available-for-sale
     securities                              134,000            -
   Other                                     420,547      352,741
                                         ___________  ___________
Current Deferred Tax Liabilities           4,054,547      352,741
                                         ___________  ___________
Net Current Deferred Tax Asset           $ 7,568,717  $ 5,419,005

Long-Term Deferred Tax Assets and
 Liabilities:
 Assets:
   Intangible assets                         747,588      751,072
   Accrued warranty costs                  2,383,117    2,383,117
   Alternative minimum tax credit
     carryforward                            673,902      448,957
   Net operating loss carryforward         3,363,887    3,240,595
   Other                                     219,184      238,202
                                         ___________  ___________
                                           7,387,678    7,061,943
   Less valuation allowance               (3,363,887)  (2,482,829)
                                         ___________  ___________
Long-Term Deferred Tax Assets              4,023,791    4,579,114
 Liabilities:
   Property, plant and equipment,
     principally due to differences in
     depreciation                          1,299,930    1,681,589
   Undistributed foreign earnings not
     indefinitely reinvested               1,750,000            -
                                         ___________  ___________
Long-Term Deferred Tax Liabilities         3,049,930    1,681,589
                                         ___________  ___________
Net Long-Term Deferred Tax Asset         $   973,861  $ 2,897,525
                                         ___________  ___________
Net Deferred Tax Asset                   $ 8,542,578  $ 8,316,530
                                         ===========  ===========
</TABLE>

                                     [14]


NOTE F - INCOME TAXES FROM CONTINUING OPERATIONS (CONTINUED)

The Company's wholly-owned subsidiary, A.T. Cross Limited ("ATCL"), is not
subject to the Republic of Ireland statutory income tax rate.  Until the year
2003 when the Irish statutory rate is reduced to 12.5% on most types of income,
ATCL is subject to the 10% rate on profits from sales of Irish manufactured
goods, as defined.  While this lower tax rate did not affect the fiscal 1999 tax
provision, it reduced income tax expense and changed net income (loss) by
approximately $161,000 ($0.01 per share) in fiscal 1998, and $730,000 ($0.04 per
share) in fiscal 1997.
  At January 1, 2000 and December 31, 1998 undistributed earnings of foreign
subsidiaries amounted to approximately $64,553,000 and $69,267,000, respectively
(including approximately $29,000,000 in 1999 and $38,000,000 in 1998 of cash,
cash equivalents and short-term investments).  These earnings could become
subject to additional tax if they are remitted as dividends, if foreign earnings
are lent to the Company or a U.S. affiliate or if the Company should sell its
stock in the subsidiaries.  At January 1, 2000, the Company determined that
approximately $15,000,000 in undistributed earnings are no longer considered to
be invested indefinitely.  Accordingly, during the fourth quarter of fiscal
1999, the Company provided tax expense of and increased deferred tax liabilities
by $5,250,000, which represents the estimated tax associated with such
undistributed earnings.  The amount of additional taxes that might be payable on
the remainder of the undistributed foreign earnings of $49,553,000 approximates
$14,914,000, which has not been recorded because it is the Company's intention
to permanently invest the remainder of the undistributed earnings of its foreign
subsidiaries in the growth of business outside the United States.
  At January 1, 2000, the Company had Federal net operating loss carryforwards
of $11,846,429, which begin to expire in 2018.  State net operating loss
carryforwards of $29,826,066 begin to expire in 2004.  The Company also has
Federal alternative minimum tax credit carryforwards of $673,902, which will
carry forward to future taxable years with no expiration.  In addition, for
Federal income tax purposes, the Company has foreign tax credit carryforwards of
$22,854, which expire in 2003.  The Company also has general business credit
carryforwards of $100,000, which expire in 2018.  Net operating loss
carryforwards for certain foreign subsidiaries were approximately $6,363,926 for
tax purposes.  A portion of these losses begin to expire in 2000.  A valuation
allowance has been provided for those foreign and state net operating losses and
temporary differences, which are estimated to expire before they are utilized.
The increase in the valuation allowance of $1,246,923 in fiscal 1999 primarily
related to changes in the foreign and state net operating losses.
  Income taxes paid (refunded), net, in fiscal 1999, 1998 and 1997 were
approximately $195,000, $(1,886,000) and $279,000, respectively.


NOTE G - SEGMENT  INFORMATION
<TABLE>
The following table sets forth segment information for the Company for the years
ended January 1, 2000 and December 31, 1998 and 1997:
<CAPTION>
                                          QUALITY   PEN-BASED
                                          WRITING   COMPUTING
                                        INSTRUMENTS  PRODUCTS    TOTAL
(THOUSANDS OF DOLLARS)                  ___________ _________  _________
<S>                                     <C>         <C>        <C>
1999:
Revenues from external customers         $ 123,861  $   3,133  $ 126,994
Depreciation and amortization                7,931        665      8,596
Segment profit (loss)                        4,264    (24,308)   (20,044)
Segment assets                             132,656      3,026    135,682
Expenditures for long-lived assets          11,934      1,160     13,094

1998:
Revenues from external customers         $ 127,935  $  24,848  $ 152,783
Depreciation and amortization                7,735        610      8,345
Segment profit (loss)                        2,291     (9,355)    (7,064)
Segment assets                             139,210     14,366    153,576
Expenditures for long-lived assets           5,550      1,605      7,155

1997:
Revenues from external customers         $ 152,429  $   1,657  $ 154,086
Depreciation and amortization                8,133         93      8,226
Segment profit (loss)                        1,285     (5,728)    (4,443)
Segment assets                             150,295      5,276    155,571
Expenditures for long-lived assets           6,751      1,790      8,541

<CAPTION>
Reconciliations                            1999       1998       1997
                                         _________  _________  _________
<S>                                      <C>        <C>        <C>
ASSETS:
Total assets from reportable segments    $ 135,682  $ 153,576  $ 155,571
Other assets from discontinued operations    1,040      2,761      2,448
                                         _________  _________  _________
             Total Consolidated Assets   $ 136,722  $ 156,337  $ 158,019
                                         =========  =========  =========

                                     [15]


NOTE G - SEGMENT  INFORMATION (CONTINUED)

<CAPTION>
Geographic Information
                                            1999       1998       1997
                                         _________  _________  _________
<S>                                      <C>        <C>        <C>
REVENUES:
United States                            $  61,641  $  87,387  $  79,012
Foreign countries                           65,353     65,396     75,074
                                         _________  _________  _________
            Total Consolidated Revenues
             from Continuing Operations  $ 126,994  $ 152,783  $ 154,086
                                         =========  =========  =========
<FN>
Revenues are attributed to countries based on the location of customers.
</FN>

<CAPTION
                                            1999       1998       1997
                                         _________  _________  _________
<S>                                      <C>        <C>        <C>
LONG-LIVED ASSETS:
United States                            $  34,908  $  31,688  $  33,464
Ireland                                      6,015      7,674      7,369
Other foreign countries                      1,065      1,099        727
                                         _________  _________  _________
Total Consolidated Long-Lived Assets     $  41,988  $  40,461  $  41,560
                                         =========  =========  =========
</TABLE>


NOTE H - LINE OF CREDIT
At January 1, 2000, the Company had an unsecured line of credit agreement with a
bank under which it may borrow up to $25,000,000.  Any amounts borrowed under
the agreement are payable on demand and bear interest at one percent per annum
in excess of the LIBOR (5.8% at January 1, 2000).  The agreement is cancelable
at any time by the Company or the bank.  The highest amount borrowed at any time
during the year was $9,800,000.  Interest paid and expensed in fiscal 1999, 1998
and 1997 was $341,000, $246,000 and $177,000, respectively, and is included in
Interest and other.
  On February 9, 2000, the Company entered into a new line of credit agreement.
As part of the new agreement, the Company provided the bank with a security
interest in certain U.S. inventory, accounts receivable and machinery and
equipment, for the $25,000,000 line of credit.  In addition, the Company is now
required to maintain certain covenants, the most restrictive of which limits the
Company's ability to incur additional debt.


NOTE I - FINANCIAL INSTRUMENTS
<TABLE>
The table below details the U.S. dollar equivalent of foreign exchange contracts
as of January 1, 2000 and December 31, 1998, along with maturity dates and net
unrealized gain (loss) deferred.
<CAPTION>
(THOUSANDS OF DOLLARS)

                  CONTRACT AMOUNT  MATURITY UNREALIZED GROSS   NET UNREALIZED
                 U.S. $ EQUIVALENT   DATE      GAIN (LOSS)  GAIN (LOSS) DEFERRED
                 _________________  ______    ____________  ____________________
<S>              <C>               <C>      <C>             <C>
JANUARY 1, 2000
Euro                  $ 3,862        2000        $   -             $   -
Japanese Yen            2,911        2000            -                 -
Canadian Dollars          753        2000            -                 -
Hong Kong Dollars       1,899        2000            -                 -
Taiwan Dollars          1,714        2000            -                 -
                      _______                    _____             _____
             Total    $11,139                    $   -             $   -
                      =======                    =====             =====

DECEMBER 31, 1998
French Francs         $   787        1999        $   -             $   -
Spanish Pesetas         2,915        1999            -                 -
Italian Lira            1,480        1999            -                 -
Japanese Yen            3,982        1999            -                 -
Canadian Dollars          454        1999            -                 -
Hong Kong Dollars       1,667        1999          (11)                -
Taiwan Dollars          1,207        1999          (35)                -
                      _______                    _____             _____
             Total    $12,492                    $ (46)            $   -
                      =======                    =====             =====
</TABLE>

  The fair value of cash, cash equivalents, short-term investments and note
payable to bank approximates its recorded amount.  The fair value of forward
foreign exchange contracts was approximately $0 and $(46,000) at January 1, 2000
and December 31, 1998, respectively.

                                     [16]


NOTE J - DISCONTINUED OPERATIONS

Timepieces:

During the third quarter of fiscal 1999, the Company discontinued operations of
its timepiece segment when it entered into a license agreement with SBIamerica
for the worldwide distribution of the Cross brand of timepieces.  The Company
recorded an after-tax loss of $1,326,000 for the year ended January 1, 2000 in
connection with the discontinuation of this segment.  The Company recorded a
loss on disposal before income taxes of approximately $866,000 and an income tax
benefit related to this disposal of approximately $408,000, for the year ended
January 1, 2000.  The net assets of timepieces, which have been reclassified to
Other current assets and consisted primarily of inventory, approximated
$1,000,000 at January 1, 2000 and $2,800,000 at December 31, 1998.
<TABLE>
  The following table sets forth summary information relating to timepieces:
<CAPTION>
                            39 Weeks Ended    Year Ended        Year Ended
                           October 2, 1999 December 31, 1998 December 31, 1997
                           _______________ _________________ _________________
<S>                        <C>             <C>               <C>
Net sales                    $    14,404      $   942,376       $   629,700
Costs and expenses             1,187,536        4,798,684         2,890,245
                             ___________      ___________       ___________
Operating Loss Before
 Income Tax Benefit           (1,173,132)      (3,856,308)       (2,260,545)
Income tax benefit relating
 to operations                  (305,132)      (1,350,000)         (791,000)
                             ___________      ___________       ___________
Operating Loss               $  (868,000)     $(2,506,308)      $(1,469,545)
                             ===========      ===========       ===========
</TABLE>

Manetti-Farrow:

In 1997, the Company discontinued the distribution of quality leather goods and
accessory products of its Manetti-Farrow, Inc. subsidiary.  The Company recorded
an after-tax loss of $2,321,000, or $0.14 per share, in the six-month period
ended June 30, 1997 in connection with the discontinuation of this segment.  The
Company recorded a loss on disposal before income taxes of approximately
$3,600,000 and an income tax benefit related to this disposal of approximately
$1,261,000 for the year ended December 31, 1997. Sales from the measurement
date, June 30, 1997, to December 31, 1997 were approximately $8,800,000.
<TABLE>
  The following table sets forth summary information relating to Manetti-Farrow:
<CAPTION>
                                     Six Months Ended
                                       June 30, 1997
                                     ________________
<S>                                  <C>
Net sales                              $ 5,579,330
Costs and expenses                       5,550,020
                                       ___________
Operating Income Before Income Taxes        29,310
Income taxes relating to operations         10,944
                                       ___________
Operating Income                       $    18,366
                                       ===========
</TABLE>

During the second quarter of fiscal 1998, the Company recorded after-tax income
from discontinued operations of $1,653,000.  The Company reached a settlement
with the U.S. Customs Service regarding a claim filed on the amount of duty
charged in prior years on the importation of certain products by its
discontinued subsidiary, Manetti-Farrow, Inc.  After taxes and after expenses
the settlement was approximately $1,116,000.  In addition, the Company recorded
after-tax income of approximately $537,000 in fiscal 1998 in connection with the
final liquidation and disposition of Manetti-Farrow's remaining net assets.
  In the first quarter of fiscal 1999, the Company recorded after-tax income
from discontinued operations of $1,496,000.  This was the result of a payment
the Company's Manetti-Farrow subsidiary received from the U.S. Customs Service
regarding a previously filed claim on the amount of duty charged on the
importation of certain products.

                                     [17]


NOTE K - IMPAIRMENT OF LONG-LIVED ASSETS
Due to the continued and significant losses incurred by the PCG segment, the
Company decided to discontinue its line of CrossPad products.  During the fourth
quarter of 1999, the Company recorded a loss on impairment of PCG segment assets
of $2,980,132.  The impaired assets were comprised of certain intangible assets,
primarily license agreements, patents and trademarks, and other long-lived
assets, notably manufacturing equipment for CrossPads.  Due to the specialized
nature of the equipment, the Company has determined that these assets are fully
impaired.


NOTE L - INVESTMENT IN NEOMEDIA TECHNOLOGIES, INC. ("NEOMEDIA")
In the second quarter of 1999, the Company entered into an agreement with
NeoMedia Technologies, Inc. pursuant to which the Company has the exclusive
right, in certain market segments, to bundle and sell NeoMedia's NeoLink_
software with the Cross NetPen.  NetPen is a pen-based scanning application that
will scan and store specifically coded data found in a variety of print media.
The NetPen, bundled with the NeoLink software, will form an information
retrieval system to quickly download previously scanned web sites directly to a
personal computer without the need for search engines or complex Uniform
Resource Locators (URLs).  Pursuant to the agreement with NeoMedia, the Company
agreed to advance $2,000,000 to NeoMedia in exchange for a convertible
promissory note.  Pursuant to the terms of the promissory note, the Company had
the option to convert the note into shares of NeoMedia common stock.  During the
third quarter of 1999, the Company converted the $2,000,000 promissory note into
approximately 500,000 shares of NeoMedia common stock at the agreed upon
conversion price of $4 per share.  The Company has classified these shares as
available-for-sale securities and has recorded them in Other current assets.  At
January 1, 2000, the market value of these securities was approximately
$2,400,000.  The unrealized gain on this investment has been recorded, net of
tax, as part of Accumulated other comprehensive loss.  As additional
consideration, NeoMedia issued to the Company warrants to purchase 200,000
shares of NeoMedia common stock, at prices ranging from $5 to $7 per share,
exercisable for a period of five years following February 18, 1999.  These
warrants were out of the money at January 1, 2000.
  During February 2000, the Company sold 400,000 shares of NeoMedia common
stock, generating approximately $4,463,000 of proceeds and a pre-tax realized
gain of approximately $2,863,000.


NOTE M - ACQUISITION OF SELECTED ASSETS OF C&J JEWELRY
During the third quarter of fiscal 1999, the Company completed the acquisition
of selected assets of C&J Jewelry Company, Inc. ("C&J").  These assets are being
utilized primarily for the manufacture of writing instruments for a well known
luxury goods retailer.  The acquisition is part of a strategy to leverage the
Company's core manufacturing capabilities as an original equipment manufacturer
of writing instruments.  In consideration, the Company assumed $2,800,000 of C&J
indebtedness and issued approximately 381,000 shares of the Company's Class A
common stock.  Of these, approximately 349,000 shares are to be held in escrow
over the next 12 and 24 months until certain restrictions lapse.  The excess of
the purchase price (approximately $4,500,000) over the fair value of the assets
acquired (approximately $600,000, consisting primarily of inventory and fixed
assets) will be amortized on a straight-line basis over a 20-year period.
  The results of this business are not material to the Company's fiscal 1999
consolidated results of operations and, accordingly, pro forma data has been
omitted.


NOTE N - CONTINGENCIES
On December 21, 1998, the Company received a Letter of Responsibility ("LOR")
from the Rhode Island Department of Environmental Management ("DEM").  The LOR
stated that analytical results indicated elevated levels of volatile organic
compounds in a well located on the Company's property and requested that the
Company conduct a site investigation to identify the source.  The Company
retained an environmental consulting firm to perform the site investigation and
develop remedial  action alternatives.  The Company has had discussions with DEM
regarding these remediation proposals and anticipates that remediation
activities will commence in the spring of 2000.  The current estimated cost of
these activities is approximately $200,000 and has been recorded in the fiscal
1999 consolidated financial statements.
  The Company is involved in various litigation and legal matters, which have
arisen in the ordinary course of business.  Management believes that the
ultimate resolution of any existing matter will not have a material adverse
effect on the Company's consolidated financial results.

                                     [18]


NOTE O - QUARTERLY RESULTS OF OPERATIONS   (UNAUDITED)
<TABLE>
The following is a tabulation of the unaudited quarterly results of operations
for the years ended January 1, 2000 and December 31, 1998:
<CAPTION>
(THOUSANDS OF DOLLARS, EXCEPT SHARES AND PER SHARE DATA)

                                  APRIL 3     JULY 3     OCTOBER 2   JANUARY 1
                                                                    (SEE NOTES
                                                                       F & K)
                                 ________    ________    _________  __________
<S>                              <C>         <C>         <C>        <C>
1999:
Net sales                        $ 28,332    $ 26,724    $ 30,895    $ 41,043
Gross profit                       11,861      10,186      13,614      16,000

Net Income (Loss) from:
   Continuing operations           (2,469)     (6,755)     (1,468)     (9,591)
   Discontinued operations          1,346           -        (903)       (273)
                                 ________    ________    ________    ________
Net Loss                         $ (1,123)   $ (6,755)   $ (2,371)   $ (9,864)
                                 ========    ========    ========    ========

Basic and Diluted
Earnings (Loss)Per Share:
   Continuing operations           $(0.15)     $(0.40)     $(0.10)     $(0.57)
   Discontinued operations           0.08        0.00       (0.05)      (0.02)
                                   ______      ______      ______      ______
Net Loss Per Share                 $(0.07)     $(0.40)     $(0.15)     $(0.59)
                                   ======      ======      ======      ======

Weighted Average Shares
  Outstanding:
   Denominator for basic
    earnings per share          16,557,863  16,654,970  16,654,824  16,587,760
Effect of Dilutive Securities:
   Common stock equivalents            (A)        -(A)        -(A)        -(A)
Denominator for Diluted         __________  __________  __________  __________
 Earnings PerShare              16,557,863  16,654,970  16,654,824  16,587,760
                                ==========  ==========  ==========  ==========
<FN>
(A)  No incremental shares related to options or restricted stock granted are
included due to the loss from continuing operations in the quarter.
</FN>
<CAPTION>
                                 MARCH 31    JUNE 30  SEPTEMBER 30 DECEMBER 31
                                 ________    ________ ____________ ___________
<S>                              <C>         <C>      <C>          <C>
1998:
Net sales                        $ 31,327    $ 34,560    $ 33,429    $ 53,467
Gross profit                       14,297      16,879      14,689      22,191

Net Income (Loss) from:
   Continuing operations           (1,113)        249      (3,221)       (507)
   Discontinued operations           (214)      1,415      (1,196)       (858)
                                 ________    ________    ________    ________
Net Income (Loss)                $ (1,327)   $  1,664    $ (4,417)   $ (1,365)
                                 ========    ========    ========    ========

Basic and Diluted
 Earnings (Loss)Per Share:
   Continuing operations           $(0.07)     $ 0.02      $(0.20)     $(0.03)
   Discontinued operations          (0.01)       0.08       (0.07)      (0.05)
                                   ______      ______      ______      ______
Net Income (Loss) Per Share        $(0.08)     $ 0.10      $(0.27)     $(0.08)
                                   ======      ======      ======      ======

Weighted Average Shares
  Outstanding:
   Denominator for basic
    earnings per share          16,507,145  16,522,981  16,547,566  16,547,896
Effect of Dilutive Securities:
   Common stock equivalents           -(A)     118,994        -(A)        -(A)
Denominator for Diluted         __________  __________  __________  __________
Earnings Per Share              16,507,145  16,641,975  16,547,566  16,547,896
                                ==========  ==========  ==========  ==========
<FN>
(A)  No incremental shares related to options or restricted stock granted are
included due to the loss from continuing operations in the quarter.
</FN>
</TABLE>


NOTE P - SUBSEQUENT EVENT
On February 10, 2000, the Board of Directors approved a preliminary plan to
restructure the Company's domestic and international writing instrument
operations.  The Company expects to record non-recurring pre-tax restructuring
charges of approximately $15,000,000 to $20,000,000 in the first quarter of
fiscal 2000.

                                     [19]


INDEPENDENT AUDITORS' REPORT
A.T. CROSS COMPANY & SUBSIDIARIES


To the Board of Directors and Shareholders of
A.T. Cross Company
Lincoln, Rhode Island

  We have audited the accompanying consolidated balance sheets of A.T. Cross
Company and subsidiaries (the "Company") as of January 1, 2000 and December 31,
1998, and the related consolidated statements of operations, comprehensive
income (loss), shareholders' equity, and cash flows for the fifty-two-week
period ended January 1, 2000 and each of the two years in the period ended
December 31, 1998.  These financial statements are the responsibility of the
Company's management.  Our responsibility is to express an opinion on these
financial statements based on our audits.
  We conducted our audits in accordance with generally accepted auditing
standards.  Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement.  An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.
  In our opinion, such consolidated financial statements present fairly, in all
material respects, the financial position of the Company as of January 1, 2000
and December 31, 1998, and the results of its operations and its cash flows for
the fifty-two-week period ended January 1, 2000 and each of the two years in the
period ended December 31, 1998 in conformity with generally accepted accounting
principles.

DELOITTE & TOUCHE LLP

Boston, Massachusetts
February 10, 2000
(February 28, 2000 as to the last sentence of Note L)

                                     [20]


MANAGEMENT'S DISCUSSION & ANALYSIS OF
FINANCIAL CONDITION & RESULTS OF OPERATIONS

RESULTS OF OPERATIONS

Comparison of Fiscal 1999 with Fiscal 1998

Consolidated net sales of $127.0 million decreased 16.9% or $25.8 million in
fiscal 1999 as compared to fiscal 1998.  Writing instrument net sales of $123.9
million were lower than the prior year by $4.1 million or 3.2%.  Domestic
writing instrument net sales decreased by $4.6 million, or 7.2%, while
international writing instrument net sales were higher by approximately $500,000
or 0.8% as compared to fiscal 1998.
  Domestic writing instrument volume continued to be unfavorably affected by
the declining consumer demand for all quality writing instruments in the United
States.  Sales through the Company's retail division were approximately 10% less
than last year as sales to the high volume office supply accounts and carriage
trade (department, gift and jewelry stores) accounts were down approximately 12%
and 3%, respectively.  Sales by the Company's special markets division of
business gift products decreased approximately 14%.  The Company continues to be
faced with increased competition from other writing instrument products as well
as apparel and other gift options.
  International writing instrument sales were favorably affected by the
strengthening  Asian economies.  Sales in the key Asian market were higher than
the prior year by approximately 37%.  The two new branch offices the Company
established in 1998, one in Hong Kong and the other in Taiwan, were well
positioned to take advantage of the economic recovery in this region during
fiscal 1999.  Somewhat offsetting the sales increase in Asia were lower sales
results in Europe, Middle East, Africa and Latin America, as these areas were
adversely affected by poor economic conditions in certain markets.
  Pen Computing Group ("PCG") sales were approximately 87% less than last year.
The operating results of PCG were negatively impacted by the lack of consumer
demand.  This resulted in a change in strategic focus for the CrossPad product
line and certain pricing actions taken on the product during fiscal 1999.  Due
to the continued and significant losses by PCG, on July 22, 1999, the Board of
Directors authorized a review of strategic alternatives for the CrossPad product
line that resulted in the discontinuation of the CrossPad product line.  The
Company continues to work with NeoMedia Technologies, Inc., to introduce the
Cross NetPen, bundled with NeoMedia's NeoLink software, to link print with the
internet.
  The consolidated gross profit margin decreased 3.8 percentage points in
fiscal 1999 to 40.7% from 44.5% in fiscal 1998.  The decline in gross margin was
entirely attributable to the PCG segment, which generated a negative gross
margin in fiscal 1999.  Included in PCG's cost of sales for the year was the
write off of CrossPad inventory as well as royalty expenses paid to suppliers of
certain software and hardware components.  Writing instrument margins in fiscal
1999 were higher than fiscal 1998 by 1.4 percentage points, primarily a result
of the Company's stringent cost reduction programs that were continued through
1999 from prior years.
  Consolidated selling, general and administrative ("SG&A") expenses of
approximately $63.4 million were approximately 9.1% lower than the prior year
and were 49.9% of net sales in fiscal 1999 as compared to 45.7% in fiscal 1998.
Quality writing instrument SG&A expenses, which reflect continuing strict cost
controls, were $3.2 million or 5.7% lower than the prior year.  PCG's SG&A
expenses of $10.2 million were $3.1 million, or 23.6% less than the fiscal 1998
expense of $13.3 million.
  Research and development expenses were 32.9% less than last year as both
writing instrument and PCG spending was below the levels of a year ago.  The
Company expects research and development expenses to be lower in fiscal 2000
than they were in fiscal 1999.
  Due to the Company's decision to discontinue the CrossPad product line, the
PCG segment incurred a loss on the impairment of assets of approximately $3.0
million in fiscal 1999.  For further information regarding this loss, see Note K
to the Company's consolidated financial statements.
  Interest and other decreased 67.3% from fiscal 1998 as interest income was
27.2% lower than last year due to lower levels of average invested funds.  In
addition, other expense this year included $580,000 of unrealized loss on
trading securities.
  In fiscal 1999, the Company recorded an income tax provision of $239,000 on
the loss from continuing operations.  The Company provided tax expense of
$5,250,000 in fiscal 1999, which represented the estimated tax associated with
$15,000,000 of undistributed foreign earnings that the Company no longer
considers to be invested indefinitely.  For an analysis of income taxes from
continuing operations, see Note F to the Company's consolidated financial
statements.
  In fiscal 1999, the Company recorded after-tax income from discontinued
operations of $170,000.  This was the result of the discontinuation of the
Company's timepiece segment, offset by a payment the Company's Manetti-Farrow
subsidiary received from the U.S. Customs Service regarding a previously filed
claim on the amount of duty charged on the importation of certain products.  For
a full analysis of discontinued operations, see Note J to the Company's
consolidated financial statements.
  As a result of the foregoing, the consolidated net loss in fiscal 1999 was
$20,113,000 ($1.21 loss per share, basic and diluted) as compared to the fiscal
1998 net loss of $5,445,000 ($0.33 loss per share, basic and diluted).  The loss
from continuing operations in fiscal 1999 was $20,283,000 ($1.22 loss per share,
basic and diluted) as compared to the fiscal 1998 loss from continuing
operations of $4,592,000 ($0.28 loss per share, basic and diluted).
  On February 10, 2000, the Board of Directors approved a preliminary plan to
restructure the Company's domestic and international writing instrument
operations.  The Company expects to record non-recurring pre-tax restructuring
charges of approximately $15.0 to $20.0 million in the first quarter of fiscal
2000.
  During February 2000, the Company sold 400,000 shares of NeoMedia common
stock, generating approximately $4,463,000 of proceeds and a pre-tax realized
gain of approximately $2,863,000.

Comparison of Fiscal 1998 with Fiscal 1997

Consolidated net sales decreased 0.8% or $1.3 million in fiscal

                                     [21]


1998 as compared to fiscal 1997.  Domestic writing instrument sales decreased by
$14.0 million or 18.1% while international writing instrument sales were lower
by $10.5 million or 14.0%.
  Domestic writing instrument volume continued to be unfavorably impacted by
declining consumer demand for all quality writing instruments in the United
States.  Sales through the carriage trade (department, gift and jewelry stores)
and mass market (discount retailers) accounts, which were down 26.0% and 58.5%,
respectively, from the prior year, were only partially offset by a 3% sales
increase in the high volume office supply accounts.  In an effort to stimulate
domestic writing instrument sales growth, especially during the peak gift-giving
holiday season, the Company launched a number of new writing instrument products
in a variety of new styles and finishes.  The launch of Radiance, an addition to
the resin based Solo line, and Lumina, in the traditional slim Century line,
added six new products aimed at all distribution channels of the U.S. writing
instrument market.  New offerings to the carriage trade accounts included
Alhambra, an addition to the wider girth Century II line in three lacquer
finishes, two new colors that were added to the Townsend line, and a new
Bordeaux finish introduced in the higher priced Pinnacle line.  In addition, the
Company repeated its extended dating program that allowed domestic retail
customers to defer payments on certain third and fourth quarter 1998 purchases
until January 1999.
  International writing instrument sales were affected by the continuing Asian
economic crisis.  Sales in the key Asian market were down approximately 47% from
a year ago.  Somewhat offsetting the sales decline in Asia were improved results
in Europe and Latin America.
  PCG revenue was approximately $25 million.  The Company achieved its
distribution goal for PCG products of approximately 3,000 points-of-sale during
the year.
  The consolidated gross profit margin decreased 3 percentage points in fiscal
1998 to 44.5% from 47.5% in fiscal 1997.  The entire decline in gross margin was
attributable to the lower gross margins from the sale of PCG products which, on
average, generate a lower gross margin than writing instruments.  Included in
PCG's cost of sales for the year were royalty expenses paid to suppliers of
certain software and hardware components.  Writing instrument margins in fiscal
1998 were up slightly over fiscal 1997, primarily as a result of the Company's
stringent cost reduction programs that were first put in place in 1997 and
continued in 1998.
  Consolidated SG&A expenses of $69.8 million were 3.3% lower than the prior
year and were 45.7% of net sales in fiscal 1998 as compared to 46.8% in fiscal
1997.  Quality writing instrument SG&A expenses, which reflect strict cost
controls put in place in 1997 and maintained throughout 1998, were reduced by
$11 million, or 16.2%, from the prior year.  PCG expenses of $13.3 million were
up from the prior year's expense of $4.8 million, as the Company continued to
establish this business.
  Research and development expenses were 29.5% above the prior year, due
entirely to the increased spending for the development of the new lines of PCG
products.  Service and distribution costs were 13.3% lower in comparison to
fiscal 1997 largely due to the lower writing instrument sales volume and cost
reductions.
  Interest and other increased 28.1% from fiscal 1997 due to slightly higher
average invested funds and higher average rates.
  In fiscal 1998 and 1997, the Company recorded an income tax benefit of 35.0%
on the loss from continuing operations.  For an analysis of the effective tax
rate, see Note F to the Company's consolidated financial statements.
  In fiscal 1998, the Company recorded an after-tax loss from discontinued
operations of $853,000.  This loss was a result of the Company's timepiece
segment, offset somewhat by a settlement the Company's Manetti-Farrow subsidiary
reached with the U.S. Customs Service regarding a claim filed on the amount of
duty charged on the importation of certain products.  For a full analysis of
discontinued operations, see Note J to the Company's fiscal 1999 consolidated
financial statements.
  As a result of the foregoing, the consolidated net loss in fiscal 1998 was
$5,445,000 ($0.33 loss per share, basic and diluted) as compared to the fiscal
1997 net loss of $6,678,000 ($0.40 loss per share, basic and diluted), while the
loss from continuing operations in fiscal 1998 was $4,592,000 ($0.28 loss per
share, basic and diluted) as compared to the fiscal 1997 loss from continuing
operations of $2,888,000 ($0.17 loss per share, basic and diluted).

LIQUIDITY AND CAPITAL RESOURCES

Cash, cash equivalents and short-term investments ("cash") of $33.3 million at
the end of fiscal 1999 declined $11.2 million from the prior year.  The decline
was largely due to the loss from continuing operations during the year.
Inventory, accounts receivable and other current assets were lower than the
prior year, offset by an increase in intangibles and other assets.  Accounts
receivable decreased $5.9 million, due primarily to lower PCG accounts
receivable as the Company discontinued sale of the CrossPad product line in the
fourth quarter of fiscal 1999.
  The Company ordinarily offers domestic retail quality writing instrument
customers a program whereby they may either delay payment on certain third and
fourth quarter purchases until January of the next year, or earn a greater
discount on these purchases if payment is made earlier.  As a result, the
Company's cash level is lower at the end of the year when accounts receivable
are generally higher.
  Total inventory of $16.8 million decreased by $3.1 million as compared to
fiscal 1998.  This was due primarily to decreases in PCG inventory offset
somewhat by an increase in writing instrument inventory.
  Additions to property, plant and equipment were approximately $7.9 million in
fiscal 1999 as compared to $6.5 million in fiscal 1998.  In fiscal 2000, the
Company expects capital expenditures to be somewhat lower than fiscal 1999,
while depreciation expense is expected to be about the same as fiscal 1999
levels.
  The Company expects research and development expenses to be lower in fiscal
2000 than they were in fiscal 1999.
  The Company's working capital was $48.8 million at the end of fiscal 1999, a
decrease of $17.3 million from fiscal 1998,

                                     [22]


and its current ratio at the end of fiscal 1999 was 2.1:1, as compared to 2.4:1
at the end of fiscal 1998.  At January 1, 2000, the Company had an unsecured
$25,000,000 bank line of credit to meet any temporary borrowing needs.  There
was $8.3 million outstanding on this line of credit at fiscal year end 1999.  On
February 9, 2000, the Company entered into a new line of credit agreement.  As
part of the new agreement, the Company provided the bank with a security
interest in certain U.S. inventory, accounts receivable and machinery and
equipment, for the $25,000,000 line of credit.  In addition, the Company is now
required to maintain certain covenants, the most restrictive of which limits the
Company's ability to incur additional debt.  The Company believes that funds
from operations and existing cash, supplemented, as appropriate, by the
Company's short-term borrowing arrangements, and proceeds that could be
generated from the sale of NeoMedia Technologies, Inc. common stock (See Note L
to the consolidated financial statements), will be adequate to finance its
foreseeable operating and capital requirements.
  In December 1998, the Company eliminated the quarterly cash dividend.  No
dividends were declared or paid in fiscal 1999.
  At the end of fiscal 1999, cash available for domestic operations amounted to
approximately $4.2 million while cash held offshore for international operations
amounted to approximately $29.1 million.  At January 1, 2000, the Company
determined that approximately $15 million in undistributed foreign earnings are
no longer considered to be invested indefinitely.  Accordingly, the Company has
provided tax expense of and has increased deferred tax liabilities by $5,250,000
at January 1, 2000, which represents the estimated tax associated with such
undistributed earnings.  The amount of additional taxes that might be payable on
the remainder of the undistributed foreign earnings of $49,553,000 approximates
$14,914,000 (See Note F to the consolidated financial statements).
  On February 10, 2000, the Board of Directors approved a preliminary plan to
restructure the Company's domestic and international writing instrument
operations.  The Company expects to record non-recurring pre-tax restructuring
charges of approximately $15.0 to $20.0 million in the first quarter of fiscal
2000.

YEAR 2000 COMPLIANCE

The Company has not experienced any adverse effects associated with the Year
2000 event, but it will continue to monitor its Year 2000 compliance program
throughout the year.
  The cost of the Company's Year 2000 compliance program was approximately
$1,300,000, with spending in fiscal 1999 of $800,000 and $500,000 in fiscal
1998.  There are no significant expenses planned for fiscal 2000.

NEW ACCOUNTING PRONOUNCEMENT

During 1998, the FASB issued SFAS No. 133, "Accounting for Derivative
Instruments and Hedging Activities."  SFAS No. 133 was not required to be
implemented until fiscal year 2000.  In June 1999, the FASB issued SFAS No. 137,
"Accounting for Derivative Instruments and Hedging Activities  Deferral of the
Effective Date of FASB Statement No. 133  an Amendment of FASB Statement No.
133."  SFAS No. 137 delayed the original implementation date of SFAS No. 133 by
one year.  This will require that the Company implement this statement in fiscal
year 2001.  Since its requirements are complex and its scope far reaching, the
Company has not completed its evaluation of the impact of this standard on its
consolidated financial statements.

IMPACT OF INFLATION AND CHANGING PRICES

The Company's operations are subject to the effects of general inflation as well
as fluctuations in foreign currencies.  In addition, the Company is exposed to
volatility in the price of gold and silver as those precious metals are used in
the manufacture of its products.  Policies and programs are in place to manage
the potential risks in these areas.  The Company has generally been successful
in controlling cost increases due to precious metal fluctuations and due to
general inflation.  The Company continues to review its number of suppliers in
order to obtain lower costs and higher quality on many of its materials and
purchased components and took steps in fiscal 1999 to further reduce operating
costs in its manufacturing operations.
  Because of volatility in the gold bullion market, the Company has made
advance commitments for its future gold needs.  In addition, the Company
normally enters into foreign currency forward exchange contracts to hedge that
portion of its net financial position that is exposed to foreign currency
fluctuations (See Note I to the consolidated financial statements).
  The Company has adopted accounting practices that tend to reflect current
costs in its consolidated statements of operations.  A portion of total
inventories at the end of fiscal 1999, 1998 and 1997 were accounted for using
the LIFO valuation method.  Normally under this method, the cost of goods sold
reported in the financial statements approximates current costs and, thus, helps
reduce distortions in reported income due to the effect of changing prices.

EURO

On January 1, 1999, the European Monetary Union created a single currency, the
euro, for its member countries.  A transition period from January 1, 1999
through December 31, 2001 will allow the member countries to methodically
eliminate their local currencies and to convert them to the euro.  During this
transition period, either the euro or a member country's present currency will
be accepted as legal tender.
  In 1998, the Company formed a task force to study the requirements of
conversion to the euro and the related impact on the Company.  The task force
reviewed technology requirements, pricing and competitive implications, banking,
the impact on hedging programs, and the timing and costs related to each of
these.
  The impact of the adoption of the euro on the Company's operations was
minimal in fiscal 1999 and is not expected to be material to future operations.

                                     [23]


QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The Company is exposed to changes in interest rates and foreign currency
exchange, primarily in its short-term investments, note payable to bank, and
foreign currency transactions.
  The Company's short-term investment portfolio consists primarily of high-
grade investments with the majority maturing in less than five years.  A
hypothetical 10% adverse change in current interest rates for these investments
would have an approximate $360,000 negative impact on the Company's pre-tax
earnings.
  In addition, during 1999, the Company made an investment in NeoMedia
Technologies, Inc.  The Company has classified these securities as available-
for-sale and, as such, related unrealized gains or losses are excluded from the
consolidated statement of operations.
  At January 1, 2000, the Company had an unsecured line of credit with a bank.
Borrowings under this line bear interest at variable rates based on the LIBOR
(See Note H to the consolidated financial statements).  On February 9, 2000, the
Company entered into a new line of credit agreement.  As part of the new
agreement, the Company provided the bank with a security interest in certain
U.S. inventory, accounts receivable and machinery and equipment, for the
$25,000,000 line of credit.  Borrowings under this new line of credit bear
interest at either the bank's prime lending rate or LIBOR plus one percentage
point.  The Company believes that changes in interest rates would not be
material to its operations due to its level of borrowings.  The Company had no
long-term debt obligations at January 1, 2000 and December 31, 1998.
  The Company enters into purchase commitments with a third party bank to
reduce its exposure to fluctuating gold prices.  As a result, the Company
believes that it has no material market risk.
  The Company's foreign exchange exposure is generated primarily from its
international operating subsidiaries.  The Company seeks to minimize the impact
of foreign currency fluctuations by hedging certain foreign currency denominated
balance sheet positions with foreign currency forward exchange contracts.  Most
of these contracts are short-term, generally expire in one month and do not
subject the Company to material market risk.

RISKS AND UNCERTAINTIES; FORWARD-LOOKING STATEMENTS

Statements contained herein that are not historical fact are forward-looking
statements that are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995.  In addition, words such as
"believes," "anticipates," "expects," "will" and similar expressions are
intended to identify forward-looking statements.  The Company cautions that a
number of important factors could cause the Company's actual results for 2000
and beyond to differ materially from those expressed in any forward-looking
statements made by, or on behalf of, the Company.  Forward-looking statements
involve a number of risks and uncertainties.
  The following section describes certain of the more prominent risks and
uncertainties inherent in the Company's operations.  However, this section does
not intend to discuss all possible risks and uncertainties to which the Company
is subjected, nor can it be assumed necessarily that there are no other risks
and uncertainties which may be more significant to the Company.

History of Losses; Uncertainty of Future Profitability:  The Company has
experienced losses for the last three fiscal years.  There can be no assurances
that the Company will be able to achieve or sustain profitability in the future.

New Products: The Company's ability to restore growth in sales depends largely
on consumer acceptance of various new products recently introduced and planned
for introduction.  The markets in which the Company sells is highly competitive,
and there is no assurance that consumer acceptance will be realized to the
degree necessary to generate growth in the Company's sales and earnings.

Dependence on Certain Suppliers: To maintain the highest level of product
quality, the Company relies on a limited number of domestic and international
suppliers for certain raw materials and manufacturing technologies.  The Company
may be adversely affected in the event that these suppliers cease operations, or
if pricing terms become less favorable.  The Company believes, but cannot be
assured, that the raw materials currently supplied by these vendors could be
obtained from other sources and that the manufacturing technologies could be
developed internally or that suitably similar technologies could be located.

Technological Change; Intellectual Property:  The Company's electronic products
may be subject to technological change, new product introductions and
enhancements and evolving industry standards that may render existing products
obsolete.  As a result, the Company's position in its existing market or other
markets that it may enter could be eroded rapidly by technological advancements.
If the Company is unable to develop and introduce products in a timely manner in
response to changing market conditions or customer requirements, management's
expectations may not be met.  In addition, the manufacture and distribution of
certain of the Company's electronic products are dependent on licensing
arrangements (some of which are non-exclusive) for varying lengths of time with
third parties for the use of their intellectual property.

Sensitivity to Economic Conditions:  Sales of the Company's products may be
adversely affected by adverse economic conditions in its various international
markets.

                                     [24]


BOARD OF DIRECTORS


RUSSELL A. BOSS
Chairman of the Board
A.T. Cross Company
Class B Director.  1, 4

BRADFORD R. BOSS
Chairman Emeritus
A.T. Cross Company
Class B Director.  1, 4

JOHN E. BUCKLEY
Executive Vice President and
Chief Operating Officer
A.T. Cross Company
Class B Director.  1, 4

BERNARD V. BUONANNO, JR.
Partner, Edwards & Angell
Providence, Rhode Island
Class B Director.  3

H. FREDERICK KRIMENDAHL II
Limited Partner
The Goldman Sachs Group, L.P.
New York, New York
Class B Director.  2, 3

TERRENCE MURRAY
Chairman and Chief Executive Officer
FleetBoston Financial Corporation
Boston, Massachusetts
Class A Director.  3

JAMES C. TAPPAN
President, Tappan Capital Partners
Hobe Sound, Florida
Class A Director.  2

EDWIN G. TORRANCE
Partner
Hinckley, Allen & Snyder
Providence, Rhode Island
Class B Director.  2

DAVID G. WHALEN
President and Chief Executive Officer
A.T. Cross Company
Class A Director.


Board Committees:  1. Executive;  2. Audit;  3. Compensation;  4. Employee
Benefits.


CORPORATE OFFICERS


RUSSELL A. BOSS
Chairman of the Board

BRADFORD R. BOSS
Chairman Emeritus

DAVID G. WHALEN
President and Chief Executive Officer

JOHN E. BUCKLEY
Executive Vice President and
Chief Operating Officer

JOHN T. RUGGIERI
Senior Vice President,
Treasurer and Chief Financial Officer

SONDRA L. WELLMERLING
Senior Vice President,
Marketing and New Product Development

JOSEPH V. BASSI
Finance Director

TINA C. BENIK
Vice President, Legal
General Counsel and Corporate Secretary

ROBIN BOSS DORMAN
Vice President, Marketing and Sales
Americas

JOSEPH F. EASTMAN
Vice President, Human Resources

J. JOHN LAWLER
Vice President, Writing Instruments,
Worldwide Tax and Duty Free

STEPHEN A. PERREAULT
Vice President, Operations

GARY S. SIMPSON
Corporate Controller


CORPORATE INFORMATION


CORPORATE HEADQUARTERS

A.T. Cross Company
One Albion Road
Lincoln, Rhode Island 02865 U.S.A.
Tel. (401) 333-1200
Fax (401) 334-2861
website:  www.cross.com

SUBSIDIARIES, BRANCHES AND DIVISIONS

ATX International, Inc.,
  Lincoln, Rhode Island

A.T. Cross Limited,
  Ballinasloe, Republic of Ireland

A.T. Cross Distribution,
  Ballinasloe, Republic of Ireland

A.T. Cross (Canada), Inc.
  Toronto, Ontario, Canada

ATX Ireland, Limited,
  Ballinasloe, Republic of Ireland

A.T. Cross Italia, S.r.l.
  Milan, Italy

A.T. Cross Company,
  French Branch
  Paris, France

A.T. Cross (Asia Pacific) Limited,
  Hong Kong Branch
  Hong Kong Special Administrative Region,
  People's Republic of China

A.T. Cross (Asia Pacific) Limited,
  Taiwan Branch
  Taipei, Taiwan, Republic of China

A.T. Cross (U.K.) Limited,
  Luton, Bedfordshire, England

A.T. Cross Company,
  Spanish Branch
  Malaga, Spain

A.T. Cross Deutschland GmbH,
  Mainz, Federal Republic of Germany

Cross Company of Japan, Limited,
  Tokyo, Japan

Cross Pen Computing Group,
  A Division of A.T. Cross Company
  Lincoln, Rhode Island

ANNUAL MEETING

The Annual Meeting of Shareholders
of A.T. Cross Company will be held on
Thursday, April 27, 2000 at 10:00 a.m.
at the offices of the Company,
One Albion Road,
Lincoln, Rhode Island 02865.

INDEPENDENT AUDITORS

Deloitte & Touche LLP
Boston, Massachusetts

STOCK SYMBOL

American Stock Exchange Symbol: ATX

TRANSFER AGENT AND REGISTRAR

State Street Bank and Trust Company
c/o EquiServe, Limited Partnership
Boston, Massachusetts 02266.

10-K REPORT

A copy of the Company's report to the
Securities and Exchange Commission on
Form 10-K will be furnished free of charge
to any security holder upon written request
to the Senior Vice President, Treasurer and
Chief Financial Officer, at One Albion Road,
Lincoln, Rhode Island 02865.


Printed in the U.S.A. on recycled paper.


A.T. CROSS COMPANY
FINE WRITING INSTRUMENTS SINCE 1846


SKU-4890-AR-00