SEAWARD MANAGEMENT CORP
13F-HR, 1999-07-21
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                                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>


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