UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here is Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Seaward Management Corporation
Address: 10 Post Office Square
Suite 1050
Boston, MA 02109
13F File Number: 801-31805
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person signing this Report on Behalf of Reporting Manager;
Name: Christopher T. Barrow
Title: President
Phone: 617-426-1196
Signature, Place, and Date of Signing:
Christopher T. Barrow Boston, Massachusetts July 21, 1999
Report Type (Check only one.):
[ X ] 13F Holdings Report
[ ] 13F Notice
[ ] 13F Combination Report
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 232
Form 13F Information Table Value Total: $779,422
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A T & T CORP. com 001957109 3114 55802 SH SOLE 53102 2700
ABBOTT LABS com 002824100 7839 172762 SH SOLE 121426 51336
AETNA INC com 008117103 242 2703 SH SOLE 2703
AIR PRODUCTS & CHEMICAL INC com 009158106 970 24108 SH SOLE 22108 2000
AIRBORNE FGHT CORP COM com 009266107 208 7500 SH SOLE 7500
ALLIANCE CAPITAL MGMT LP com 018548107 1364 42200 SH SOLE 33200 9000
ALLIED SIGNAL com 019512102 5674 90066 SH SOLE 86166 4200
ALLMERICA FINANCIAL com 019754100 263 4320 SH SOLE 4320
ALLSTATE CORP com 020002101 1229 34258 SH SOLE 18538 15720
AMERICA ONLINE INC DEL COM com 02364j104 564 5130 SH SOLE 4630 500
AMERICAN EXPRESS CO com 025816109 7805 59983 SH SOLE 58483 1500
AMERICAN GENERAL CORP com 026351106 934 12395 SH SOLE 10795 1600
AMERICAN HOME PRODUCTS CORP com 026609107 9616 167594 SH SOLE 148314 19280
AMERICAN INTERNATIONAL GROUP com 026874107 24331 207510 SH SOLE 195534 11976
AMERITECH CORP NEW com 030954101 1861 25324 SH SOLE 23372 1952
AMETEK INC com 031100100 212 9200 SH SOLE 3200 6000
AMGEN INC com 031162100 5387 88490 SH SOLE 87690 800
AON CORP com 037389103 1958 47462 SH SOLE 30475 16987
APPLIED MATLS INC COM com 038222105 2187 29600 SH SOLE 28900 700
APRIA HEALTHCARE GROUP COM com 037933108 315 18557 SH SOLE 18557
AQUA ALLIANCE INC CL A com 038367108 39 25000 SH SOLE 25000
ATLANTIC RICHFIELD CO com 048825103 3816 45669 SH SOLE 40369 5300
AUTOMATIC DATA PROCESS com 053015103 5354 121684 SH SOLE 79840 41844
AVERY DENNISON CORP com 053611109 2702 44760 SH SOLE 42950 1810
BANK OF AMERICA CORPORATION com 060505104 3199 43630 SH SOLE 43284 346
BANK OF NEW YORK CO INC COM com 064057102 1564 42628 SH SOLE 42628
BANK ONE CORPORATION com 06423a103 6874 115407 SH SOLE 97623 17984
BANK UTD CORP CL A com 065412108 422 10500 SH SOLE 10500
BANKBOSTON CORP COM com 06605r106 3288 64308 SH SOLE 54154 10154
BAXTER INTL INC com 071813109 3188 52592 SH SOLE 44132 8460
BECTON DICKINSON & CO com 075887109 281 9363 SH SOLE 9363
BELL ATLANTIC CORP com 077853109 5198 79508 SH SOLE 61284 18224
BELLSOUTH CORP com 079860102 4352 94357 SH SOLE 74189 20168
BERKSHIRE HATHAWAY INC CL B com 084670207 4250 1897 SH SOLE 1662 235
BESTFOODS COM com 08658u101 1744 35242 SH SOLE 18850 16392
BLACK & DECKER CORP com 091791004 1382 21900 SH SOLE 21900
BOEING CO com 097023105 737 16755 SH SOLE 11555 5200
BOSTON SCIENTIFIC CORP. com 101137107 7479 170215 SH SOLE 166815 3800
BP AMOCO P L C SPONSORED ADR com 055622104 5016 46231 SH SOLE 40851 5380
BRISTOL MYERS SQUIBB com 110122108 11618 164937 SH SOLE 146125 19012
BURLINGTON NORTHERN SANTA FE C com 12189t104 837 27009 SH SOLE 22176 4833
CARDINAL HEALTH INC com 14149y108 299 4660 SH SOLE 3694 966
CARLISLE COS INC COM com 142339100 2134 44340 SH SOLE 44040 600
CARNIVAL CORP CL A com 143658102 244 5024 SH SOLE 5024
CAROLINA PWR & LT CO com 144141108 802 18740 SH SOLE 10740 8000
CATERPILLAR INC DEL com 149123101 623 10384 SH SOLE 9434 950
CHASE MANHATTAN CORP (NEW)COM com 16161a108 5289 61139 SH SOLE 57599 3540
CHEVRON CORPORATION com 166751107 3761 39560 SH SOLE 34760 4800
CIENA CORP COM com 171779101 211 7000 SH SOLE 7000
CIGNA CORP COM com 125509109 1060 11915 SH SOLE 11915
CISCO SYSTEMS INC com 17275r102 6807 105640 SH SOLE 104940 1100
CITIGROUP INC. com 172967101 1434 30199 SH SOLE 24949 5250
CLOROX CORP com 189054109 224 2100 SH SOLE 2100
COCA-COLA COMPANY com 191216100 7913 127625 SH SOLE 101731 25894
COLGATE PALMOLIVE CO com 194162103 10473 106326 SH SOLE 91430 14896
COMPAQ COMPUTER CORP com 204493100 2084 87993 SH SOLE 66804 21189
CONCENTRIC NETWORK CP COM com 20589R107 596 15000 SH SOLE 15000
COOPER INDUSTRIES INC COM com 216669101 1520 29234 SH SOLE 21789 7445
CORNING INC com 219350105 752 10717 SH SOLE 9517 1200
CSX CORP com 126408103 302 6659 SH SOLE 3696 2963
CVS CORP COM com 126650100 381 7500 SH SOLE 6500 1000
DEERE & CO com 244199105 299 7626 SH SOLE 7626
DELPHI AUTO SYS CORP COM com 247126105 208 11267 SH SOLE 8331 2936
DISNEY WALT CO DEL com 254687106 426 13815 SH SOLE 12315 1500
DOVER CORP com 260003108 2046 58450 SH SOLE 51850 6600
DOW CHEM CO com 260543103 2642 20824 SH SOLE 17849 2975
DU PONT E I DE NEMOURS com 263534109 5152 75419 SH SOLE 71743 3676
DUKE ENERGY CORP COM com 264399106 202 3713 SH SOLE 3713
EASTMAN KODAK CO com 277461109 1091 16108 SH SOLE 15638 470
EATON CORP COM com 278058102 207 2250 SH SOLE 2250
EDISON INTL COM com 281020107 447 16700 SH SOLE 15700 1000
ELECTRONIC DATA SYS CORP NEW C com 285661104 372 6578 SH SOLE 5178 1400
EMC CORP-MASS com 268648102 21524 391354 SH SOLE 365534 25820
EMERSON ELECTRIC CO com 291011104 3441 54674 SH SOLE 51074 3600
ENRON CORP com 293561106 1004 12278 SH SOLE 10678 1600
EQUITY OFFICE PPTYS TR COM com 294741103 205 8011 SH SOLE 6605 1806
EQUITY RESIDENT PPTYS SH BEN I com 29476l107 595 13212 SH SOLE 13212 400
ERICSSON (LM) TEL-SP ADR com 294821400 464 14100 SH SOLE 14100
EXXON CORP com 302290101 31723 411324 SH SOLE 313600 97724
FACTSET RESEARCH SYSTEMS INC C com 303075105 446 7878 SH SOLE 7878
FANNIE MAE com 313586109 5367 78636 SH SOLE 67876 10760
FEDERAL HOME LOAN MTG CORP COM com 313400301 928 16000 SH SOLE 16000
FERRO CORP com 315405100 425 15461 SH SOLE 15461
FIFTY ASSOC com 316801109 1491 39244 SH SOLE 39244
FIRST AMERICAN FINL CORP-CALIF com 318522307 271 15150 SH SOLE 15150
FIRST DATA CORP COM com 319963104 7160 146300 SH SOLE 144300 2000
FIRST UNION CORP com 337358105 1068 22660 SH SOLE 22660
FIRSTAR CORP NEW COM com 33763v109 1123 40113 SH SOLE 35553 4560
FISERV INC COM com 337738108 2453 78345 SH SOLE 76545 1800
FLEET FINL GROUP INC COM com 338915101 3378 76122 SH SOLE 56218 19904
FORD MTR CO DEL com 345370100 926 16415 SH SOLE 14783 1632
FORTUNE BRANDS INC COM com 349631101 208 5025 SH SOLE 1025 4000
FPL GROUP INC com 302571104 1240 22707 SH SOLE 17207 5500
GABLES RESIDENTIAL TR SH BEN I com 362418105 957 39672 SH SOLE 36484 3188
GANNETT INC com 364730101 1706 23896 SH SOLE 15344 8552
GAP INC DEL com 364760108 535 10623 SH SOLE 10623
GBT BANCORP MASS COM com 361546104 491 35700 SH SOLE 35700
GENERAL ELECTRIC CO COM com 369604103 89006 787661 SH SOLE 525526 262235
GENERAL MILLS INC com 370334104 534 6646 SH SOLE 6646
GENERAL MOTORS CORP COM com 370442105 1012 15338 SH SOLE 11134 4204
GENTEX CORP com 371901109 336 12000 SH SOLE 12000
GENZYME com 372917104 359 7400 SH SOLE 7400
GEORGIA PACIFIC CORP com 373298108 559 11800 SH SOLE 10480 1320
GILLETTE CO COM com 375766102 1656 40398 SH SOLE 36298 4100
GRAINGER W W INC com 384802104 4994 92810 SH SOLE 61178 31632
GREAT LAKES CHEM CORP com 390568103 327 7094 SH SOLE 4494 2600
GTE CORP com 362320103 2436 32268 SH SOLE 29958 2310
GUIDANT CORP COM com 401698105 1282 25071 SH SOLE 20719 4352
HALLIBURTON CO com 406216101 772 17060 SH SOLE 11760 5300
HCC INS HLDGS INC COM com 404132102 590 26000 SH SOLE 25400 1400
HEALTHCARE RLTY TR COM com 421946104 242 11475 SH SOLE 11475
HEINZ H J com 423074103 1558 31075 SH SOLE 23575 7500
HERSHEY FOODS CORP com 427866108 232 3900 SH SOLE 1200 2700
HEWLETT PACKARD CO com 428236103 15692 156137 SH SOLE 144077 12060
HOME DEPOT INC COM com 437076102 8678 134674 SH SOLE 125834 8840
HUBBELL INC CL B com 443510201 1015 22361 SH SOLE 18799 3562
ILLINOIS TOOL WKS INC com 452308109 1702 20823 SH SOLE 20123 700
IMS HEALTH INC COM com 449934108 1150 36801 SH SOLE 30601 6200
INDEPENDENT BK CP MASS com 453836108 690 43818 SH SOLE 43818
INTEL CORP com 458140100 17240 289749 SH SOLE 261629 28320
INTERNATIONAL BUS MACHINES COR com 459200101 16748 129579 SH SOLE 107346 22233
INTERNATIONAL PAPER CO com 460146103 1203 23940 SH SOLE 6686 17254
JOHNSON & JOHNSON COM com 478160104 12865 131274 SH SOLE 115734 15540
KEANE INC com 486665102 1437 63510 SH SOLE 63510
KEYCORP NEW com 493267108 2082 64800 SH SOLE 52920 11880
KIMBERLY CLARK CORP com 494368103 5573 97772 SH SOLE 83244 14528
KINDER MORGAN ENERGY PRTNRS com 494550106 429 11582 SH SOLE 6856 4726
LEGGETT & PLATT INC COM com 524660107 232 8350 SH SOLE 8350
LIBERTY PPTY TR SH BEN INT com 531172104 1804 72525 SH SOLE 71525 1000
LILLY ELI & CO COM com 532457108 1315 18356 SH SOLE 11932 6424
LINCOLN NATIONAL CORP com 534187109 3107 59400 SH SOLE 59100 300
LOWES COS INC com 548661107 227 4000 SH SOLE 4000
LUCENT TECHNOLOGIES INC COM com 549463107 7414 109937 SH SOLE 102557 7380
MARSH & MCLENNAN COS com 571748102 2465 32570 SH SOLE 26270 6300
MAY DEPT STORES CO com 577778103 4154 101629 SH SOLE 71689 29940
MBIA INC com 55262c100 1831 28271 SH SOLE 28271 300
MCDONALDS CORP com 580135101 5548 134900 SH SOLE 125300 9600
MCI WORLDCOM INC com 55268b106 2168 25190 SH SOLE 22746 2444
MEDIA ONE GROUP INC com 912889201 243 3266 SH SOLE 3266
MEDTRONIC INC COM com 585055106 1612 20705 SH SOLE 20455 250
MELLON BK CORP COM com 585509102 1091 30000 SH SOLE 29400 600
MERCK & CO INC com 589331107 26216 356070 SH SOLE 322456 33614
MICROSOFT CORP com 594918104 26311 291734 SH SOLE 230608 61126
MINNESOTA MNG & MFG CO com 604059105 4896 56320 SH SOLE 37932 18388
MOBIL CORP com 607059102 11022 111615 SH SOLE 98547 13068
MOLEX INC CL A com 608554200 1654 52522 SH SOLE 50719 2103
MONSANTO CO com 611662107 3401 85955 SH SOLE 63155 22800
MORGAN J P & CO INC com 616880100 6925 49285 SH SOLE 45084 4201
MORGAN S D WITTER DISCOVER & C com 617446448 1240 12080 SH SOLE 6754 5326
MOTOROLA INC com 620076109 4235 44699 SH SOLE 41899 2800
NACCO INDUSTRIES INC COM CL A com 629579103 436 5930 SH SOLE 5730 200
NATIONAL CITY CORP com 635405103 1836 28036 SH SOLE 28036
NEW YORK TIMES CO CL A com 650111107 475 12900 SH SOLE 12900
NEWELL RUBBERMAID INC com 651229106 3487 75200 SH SOLE 73900 1700
NIELSEN MEDIA RESEARCH com 653929307 214 7318 SH SOLE 6186 1133
NISOURCE INC com 65473p105 284 11000 SH SOLE 11000
NOBLE AFFILIATES INC COM com 654894104 459 16300 SH SOLE 16300
NOKIA CORP SPONSORED ADR com 654902204 1250 13654 SH SOLE 13054 600
NORFOLK SOUTHERN CORP com 655844108 244 8090 SH SOLE 4125 3965
NORTEL NETWORKS CORP COM com 656569100 18304 210849 SH SOLE 205193 5956
NORTHERN BORDER PART com 664785102 245 7888 SH SOLE 3200 4688
NORTHERN TRUST CORP COM com 665859104 4226 43570 SH SOLE 42170 1400
NOVO-NORDISK A S com 670100205 521 9733 SH SOLE 5733 4000
OFFICE DEPOT INC COM com 676220106 6378 289079 SH SOLE 273569 16310
OMNICOM GROUP com 681919106 352 4400 SH SOLE 4400
ORACLE CORP com 68389x105 4280 115299 SH SOLE 104162 11137
ORGANOGENESIS COM com 685906109 149 15930 SH SOLE 15930
PACCAR INC com 693718108 1322 24760 SH SOLE 22320 2440
PAYCHEX INC com 704326107 478 15000 SH SOLE 15000
PENNEY J C INC com 708160106 410 8440 SH SOLE 7300 1140
PEPSICO INC com 713448108 2992 77327 SH SOLE 53225 24102
PETSMART INC COM com 716768106 133 13000 SH SOLE 13000
PFIZER INC com 717081103 10222 93783 SH SOLE 82255 11528
PHARMACIA & UPJOHN INC COM com 716941109 218 3836 SH SOLE 3836
PHILIP MORRIS COS INC com 718154107 562 13984 SH SOLE 12784 1200
PITNEY BOWES INC com 724479100 4441 69116 SH SOLE 59116 10000
PNC BK CORP COM com 693475105 1488 25828 SH SOLE 25828
POST PPTYS INC COM com 737464107 666 16241 SH SOLE 15641 600
PPG INDS INC com 693506107 316 5350 SH SOLE 5350
PRAXAIR INC com 74005p104 384 7840 SH SOLE 7840
PRECISION CASTPARTS CP COM com 740189105 1555 36600 SH SOLE 36000 1000
PROCTER & GAMBLE CO com 742718109 10772 120691 SH SOLE 99191 21500
RAYTHEON CO CL B com 755111408 2741 38875 SH SOLE 34475 4400
RELIANT ENERGY INC COM com 75952j108 210 7617 SH SOLE 5067 2550
ROYAL DUTCH PETE CO NY REG GLD com 780257705 3303 54823 SH SOLE 47283 7540
SARA LEE CORP com 803111103 1516 66840 SH SOLE 64840 2000
SBC COMMUNICATIONS INC com 78387g103 4030 69488 SH SOLE 53204 16284
SCHERING PLOUGH CORP com 806605101 3969 75596 SH SOLE 37996 37600
SCHLUMBERGER LTD com 806857108 2868 45034 SH SOLE 43434 1600
SEAGATE TECHNOLOGY COM com 811804103 252 9841 SH SOLE 9841
SEARS ROEBUCK & CO com 812387108 779 17482 SH SOLE 9080 8402
SHARED MED SYS CORP com 819486101 1993 30550 SH SOLE 30550
SIGMA ALDRICH CORP com 826552101 987 28675 SH SOLE 27075 1600
SMITHKLINE BEECHAM PLC A ADR com 832378301 261 3956 SH SOLE 3956
SOLECTRON CORP COM com 834182107 8939 134045 SH SOLE 127945 6100
SOLUTIA INC COM com 834376105 204 9585 SH SOLE 5345 4240
SOUTHERN CO com 842587107 257 9700 SH SOLE 4100 5600
SPDR TR UNIT SER 1 com 78462f103 673 4915 SH SOLE 4915
SPRINT CORP (FON GROUP) com 852061100 673 12700 SH SOLE 11700 1000
STAPLES INC com 855030102 1417 45805 SH SOLE 44305 1500
STATE STREET CORP com 857477103 2427 28429 SH SOLE 27429 1000
STERLING COMMERCE com 859205106 5045 137285 SH SOLE 135235 2350
SUN MICROSYSTEMS INC com 866810104 905 13140 SH SOLE 12440 700
SUNTRUST BKS INC com 867914103 487 7016 SH SOLE 7016
SYSCO CORP com 871829107 4991 167400 SH SOLE 156668 10732
TECO ENERGY INC com 872375100 449 19724 SH SOLE 12524 7200
TENET HEALTHCARE CORP. com 88033g100 210 11312 SH SOLE 2496 8816
TEXACO INC com 881694103 2643 42379 SH SOLE 37647 4732
TEXAS UTILITIES CO COM com 882848104 443 10692 SH SOLE 9800 892
TEXTRON, INC com 883203101 224 2716 SH SOLE 2716
TJX COS INC NEW com 872540109 316 9500 SH SOLE 9500
TYCO INTERNATIONAL LTD (NEW) com 902124106 5490 57937 SH SOLE 46174 11763
U S FOODSERVICE COM com 90331r101 432 10134 SH SOLE 10134
U S WEST INC NEW com 91273h101 278 4726 SH SOLE 4726
UNILEVER NV -NY SHARES com 904784709 366 5246 SH SOLE 2746 2500
UNION PAC CORP com 907818108 633 10849 SH SOLE 8469 2380
UNITED ASSET MGMT CORP com 909420101 486 21367 SH SOLE 19367 2000
UNITED HEALTHCARE CORP COM com 910581107 470 7500 SH SOLE 7500
UNITED TECHNOLOGIES CORP com 913017109 3875 53822 SH SOLE 47114 6708
UNUMPROVIDENT CORP com 91529Y106 415 7585 SH SOLE 4185 3400
URBAN SHOPPING CTRS COM com 917060105 736 23350 SH SOLE 20550 2800
VICOR CORP com 925815102 345 16267 SH SOLE 12267 4000
VODAFONE GROUP PLC com 92857t107 3337 16939 SH SOLE 15369 1570
WACHOVIA CORP com 929771103 473 5527 SH SOLE 5527
WAL MART STORES INC com 931142103 2221 46034 SH SOLE 44634 1400
WALGREEN CO com 931422109 574 19556 SH SOLE 3556 16000
WARNER LAMBERT CO com 934488107 4398 63628 SH SOLE 46192 17436
WASTE MGMT INC DEL COM com 94106l109 678 12614 SH SOLE 10149 2465
WELLS FARGO & CO CAP com 949746101 3077 71988 SH SOLE 61408 10780
WHIRLPOOL CORP com 963320106 314 4245 SH SOLE 2845 1400
WILLIAMS COMPANIES INC DEL COM com 969457100 4774 112157 SH SOLE 111657 500
XEROX CORP com 984121103 3680 62300 SH SOLE 47322 14978
</TABLE>