UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutuional Investment Manager Filing this Report:
Name: Davis-Dinsmore Management Company
Address: 65 Madison Avenue
Suite 550
Morristown, NJ 07960
13F File Number: 28-5466
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 sumit 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: Gary Levine
Title: Treasurer
Phone: 973-631-1177
Signature, Place, and Date of Signing:
Gary Levine Morristown, New Jersey July 20, 1999
Report Type: (Check only one.):
[ X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reorting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 88
Form 13F Information Table Entry Total: $198,476
<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>
Apache Corp. 6.50% 2002 ACES PFD CV 037411600 1665 45000 SH DEFINED 45000
Dollar General STRYPES Trust 8 PFD CV 256678103 2787 65000 SH DEFINED 65000
Estee Lauder 6.25% TRACES-2 PFD CV 518438205 1640 17400 SH DEFINED 17400
Houston Industries, Inc. 7% 20 PFD CV 442161204 3339 28000 SH DEFINED 28000
Jefferson-Pilot Corp. 7.25% 2 PFD CV 475070207 4994 40600 SH DEFINED 40600
MediaOne, Inc. PIES-a 6.25% 20 PFD CV 58440J401 2715 30000 SH DEFINED 30000
Monsanto Co., Inc. 6.5% 2001 A PFD CV 611662305 802 20000 SH DEFINED 20000
NISOURCE, Inc. PIES-b 7.75% 20 PFD CV 65473P303 1975 40000 SH DEFINED 40000
Ralston Purina Co. 7% 2000 SAI PFD CV 751277401 2790 60000 SH DEFINED 60000
Southwest Securities Group, In PFD CV 845224203 1581 26460 SH DEFINED 26460
Texas Utilities Co. 9.25% FELI PFD CV 882848203 1100 20000 SH DEFINED 20000
The Seagram Co. Ltd. 7.5% 2002 PFD CV 811850205 1982 40000 SH DEFINED 40000
Times Mirror Co. 4.25% 2001 PE PFD CV 887364503 1936 22000 SH DEFINED 22000
WBK Trust 10% STRYPES 144A PFD CV 929229102 4209 130000 SH DEFINED 130000
Adelphia Communications Corp. PFD CV 006848402 962 5000 SH DEFINED 5000
American General Delaware, LLC PFD CV 02637G200 2431 26000 SH DEFINED 26000
Avado Financing 7% cv. A pfd. PFD CV 05336Q304 732 20000 SH DEFINED 20000
Avado Financing 7% cv. A pfd. PFD CV 05336Q205 366 10000 SH DEFINED 10000
CNB Capital Trust 6% SPuRS PFD CV 12613G207 3019 100000 SH DEFINED 100000
Fleetwood Capital Trust 6% cv. PFD CV 339072209 3220 80000 SH DEFINED 80000
Frontier Financing Trust cv. p PFD CV 35907U103 1860 40000 SH DEFINED 40000
Globalstar Telecomm Ltd. 8% cv PFD CV 379364508 3435 60000 SH DEFINED 60000
National Australia Bank Ltd. 7 PFD CV 632525309 2430 80000 SH DEFINED 80000
Newell Financial Trust I 5 1/4 PFD CV 651195208 1962 35000 SH DEFINED 35000
News Corporation Exchange Trus PFD CV 652485202 1997 20000 SH DEFINED 20000
PSINet, Inc. 6.75% cv. pfd. C PFD CV 74437C309 676 15000 SH DEFINED 15000
UnitedGlobalCom dep shs rep 7% PFD CV 913247102 2017 40000 SH DEFINED 40000
Wendy's Financing I 5% TECONS PFD CV 950588202 968 16000 SH DEFINED 16000
AES Corp. cv. jr. sub. deb. CONV 00130HAN5 4375 3500000 PRN DEFINED 3500000
Alpharma, Inc. cv. sr. sub. no CONV 020813AC5 2495 2000000 PRN DEFINED 2000000
Amazon.com, Inc. cv. sub. note CONV 023135AD8 975 1000000 PRN DEFINED 1000000
American Express Credit Corp. CONV 025818CJ2 2673 2200000 PRN DEFINED 2200000
American International Group c CONV 02687QAH1 1395 1000000 PRN DEFINED 1000000
Ann Taylor Stores Corp. cv. su CONV 036115AA1 1517 2380000 PRN DEFINED 2380000
At Home Corp. cv. sub. deb. 14 CONV 045919AA5 807 1000000 PRN DEFINED 1000000
BankAtlantic Bancorp cv. sub. CONV 065908AC9 3054 3830000 PRN DEFINED 3830000
Bear Stearns Cos., Inc. medium CONV 07383PCN4 3450 4000000 PRN DEFINED 4000000
Bell Atlantic Financial Servic CONV 07785GAC4 2057 2000000 PRN DEFINED 2000000
Bell Atlantic Financial Servic CONV 07785GAB6 6161 6000000 PRN DEFINED 6000000
Citrix Systems, Inc. cv. sub. CONV 177376AA8 895 2000000 PRN DEFINED 2000000
Clear Channel Communications, CONV 184502AB8 3810 3000000 PRN DEFINED 3000000
Costco Companies, Inc. cv. sub CONV 22160QAA0 1892 2000000 PRN DEFINED 2000000
Costco Companies, Inc. cv. sub CONV 22160QAC6 946 1000000 PRN DEFINED 1000000
Credit Suisse First Boston Cor CONV 2254C0AM1 2940 3000000 PRN DEFINED 3000000
Credit Suisse First Boston Cor CONV 2254C0AF4 3816 3400000 PRN DEFINED 3400000
Credit Suisse First Boston Cor CONV 2254C0AE7 2331 2500000 PRN DEFINED 2500000
Diamond Offshore Drilling Inc. CONV 25271CAA0 2078 2100000 PRN DEFINED 2100000
DoubleClick, Inc. cv. sub. not CONV 258609AA4 622 500000 PRN DEFINED 500000
Elan Finance Corp. Ltd. liquid CONV 284129AA1 3082 6000000 PRN DEFINED 6000000
Exchangeable Cert. Corp. exch. CONV 30149TAB1 2025 2000000 PRN DEFINED 2000000
Exchangeable Certificates Corp CONV 30149TAA3 947 1000000 PRN DEFINED 1000000
Genzyme Corp. cv. sub. notes 1 CONV 372917AE4 1396 1000000 PRN DEFINED 1000000
HealthSouth Corp. cv. sub. not CONV 421924AD3 1692 2000000 PRN DEFINED 2000000
HealthSouth Corp. cv. sub. not CONV 421924AF8 423 500000 PRN DEFINED 500000
Hewlett-Packard Co., Inc. liqu CONV 428236AA1 3172 5000000 PRN DEFINED 5000000
Home Depot, Inc. cv. sub. note CONV 437076AE2 8389 3000000 PRN DEFINED 3000000
Human Genome Sciences, Inc. cv CONV 444903AA6 1940 2000000 PRN DEFINED 2000000
Imax Corp. cv. sub. notes 144A CONV 45245EAC3 2351 2000000 PRN DEFINED 2000000
Interim Services Inc. cv. sub. CONV 45868PAA8 1710 2000000 PRN DEFINED 2000000
Interpublic Group Cos., Inc. c CONV 460690AG5 2752 3000000 PRN DEFINED 3000000
LSI Logic Corp. cv. sub. notes CONV 502161AB8 811 500000 PRN DEFINED 500000
Merrill Lynch (NOVN) euro. med CONV VV3086202 1629 1800000 PRN DEFINED 1800000
Merrill Lynch (TWX) medium ter CONV 590188JV1 4010 4000000 PRN DEFINED 4000000
MindSpring Enterprises, Inc. c CONV 602683AA2 473 500000 PRN DEFINED 500000
Morgan Stanley Dean Witter Dis CONV 617446AX7 3528 3500000 PRN DEFINED 3500000
Morgan Stanley Dean Witter Dis CONV 61745HAA2 4449 2000000 PRN DEFINED 2000000
NTL, Inc. cv. sub. notes 144A CONV 629407AK3 4740 3000000 PRN DEFINED 3000000
NatWest Markets exch. trust se CONV 639059AA2 6860 2000000 PRN DEFINED 2000000
National Data Corp. cv. sub. n CONV 635621AA3 3579 3500000 PRN DEFINED 3500000
Nextel Communications, Inc. cv CONV 65332VAR4 2440 2000000 PRN DEFINED 2000000
Orbital Sciences Corp. cv. sub CONV 685564AB2 745 700000 PRN DEFINED 700000
Orbital Sciences Corp. cv. sub CONV 685564AC0 266 250000 PRN DEFINED 250000
Penn Treaty American Corp. cv. CONV 707874AA1 2805 2750000 PRN DEFINED 2750000
Penn Treaty American Corp. cv. CONV 707874AC7 765 750000 PRN DEFINED 750000
Republic National Bank of NY c CONV 76067UAE3 2240 2000000 PRN DEFINED 2000000
Rite Aid Corp. cv. sub. notes CONV 767754AK0 1289 1300000 PRN DEFINED 1300000
Robbins & Myers Inc. cv. sub. CONV 770196AA1 1748 1770000 PRN DEFINED 1770000
Roche Holdings, Inc. liquid yi CONV 771196AC6 2841 5000000 PRN DEFINED 5000000
Sanmina Corp. cv. sub. notes 1 CONV 800907AA5 1101 1000000 PRN DEFINED 1000000
Sepracor, Inc. cv. notes 144A CONV 817315AF1 1957 2000000 PRN DEFINED 2000000
Simula, Inc. sr. cv. sub. note CONV 829206AB7 1409 1750000 PRN DEFINED 1750000
Spacehab, Inc. cv. sub. notes CONV 846243AA1 1019 1405000 PRN DEFINED 1405000
Sportsline USA, Inc. cv. sub. CONV 848934AA3 732 1000000 PRN DEFINED 1000000
Swiss Life Financial Ltd. cv. CONV 870883AA3 1975 2000000 PRN DEFINED 2000000
Swiss Life Financial Ltd. cv. CONV 870883AB1 1987 2000000 PRN DEFINED 2000000
Telefonos De Mexico, S.A. cv. CONV 879403AD5 2055 2000000 PRN DEFINED 2000000
VLSI Technology, Inc. cv. sub. CONV 918270AB5 2301 2250000 PRN DEFINED 2250000
Xerox Corp. cv. sub. deb. CONV 984121BB8 955 1500000 PRN DEFINED 1500000
</TABLE>
