UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional 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 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: Gary Levine
Title: Treasurer
Phone: 973-631-1177
Signature, Place, and Date of Signing:
Gary Levine Morristown, New Jersey May 5, 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.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 81
Form 13F Information Table Entry Total: $194,705
<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>
SmithKline Beecham plc common COM 832378301 2294 32080 SH DEFINED 01 32080
Dollar General STRYPES Trust 8 PRD 256678103 2742 65000 SH DEFINED 01 65000
Estee Lauder 6.25% TRACES-2 PRD 518438205 1571 17400 SH DEFINED 01 17400
Houston Industries, Inc. 7% 20 PRD 442161204 6989 58000 SH DEFINED 01 58000
Jefferson-Pilot Corp. 7.25% 2 PRD 475070207 4750 40600 SH DEFINED 01 40600
MediaOne, Inc. PIES-a 6.25% 20 PRD 58440J401 2482 30000 SH DEFINED 01 30000
Monsanto Co., Inc. 6.5% 2001 A PRD 611662305 930 20000 SH DEFINED 01 20000
NISOURCE, Inc. PIES-b 7.75% 20 PRD 65473P303 2020 40000 SH DEFINED 01 40000
Ralston Purina Co. 7% 2000 SAI PRD 751277401 2700 60000 SH DEFINED 01 60000
Texas Utilities Co. 9.25% FELI PRD 882848203 533 10000 SH DEFINED 01 10000
Times Mirror Co. 4.25% 2001 PE PRD 887364503 3125 27000 SH DEFINED 01 27000
Tribune Co. DECS 6.25% 2001 (T PRD 896047206 2062 75000 SH DEFINED 01 75000
WBK Trust 10% STRYPES 144A PRD 929229102 4436 130000 SH DEFINED 01 130000
American General Delaware, LLC PRD 02637G200 2327 26000 SH DEFINED 01 26000
Avado Financing 7% cv. A pfd. PRD 05336Q304 609 20000 SH DEFINED 01 20000
Avado Financing 7% cv. A pfd. PRD 05336Q205 304 10000 SH DEFINED 01 10000
CNB Capital Trust 6% SPuRS PRD 12613G207 2575 100000 SH DEFINED 01 100000
Chancellor Media Corp. 7% cv. PRD 158915306 2640 20000 SH DEFINED 01 20000
Comcast Corp. 3.35% exch. (AT& PRD 200300408 3923 49000 SH DEFINED 01 49000
Fleetwood Capital Trust 6% cv. PRD 339072209 3420 80000 SH DEFINED 01 80000
Frontier Financing Trust cv. p PRD 35907U103 1560 40000 SH DEFINED 01 40000
Globalstar Telecomm Ltd. 8% cv PRD 379364508 2370 60000 SH DEFINED 01 60000
National Australia Bank Ltd. 7 PRD 632525309 2505 80000 SH DEFINED 01 80000
Newell Financial Trust I 5 1/4 PRD 651195208 1967 35000 SH DEFINED 01 35000
News Corporation Exchange Trus PRD 652485202 1800 20000 SH DEFINED 01 20000
Nextel Communications, Inc. 0% PRD 65332V806 4442 115000 SH DEFINED 01 115000
Triathlon Broadcasting Pfd1/10 PRD 89589P304 1069 100000 SH DEFINED 01 100000
AES Corp. cv. jr. sub. deb. CNV 00130HAN5 3351 3500000 PRN DEFINED 01 3500000
Affiliated Computer Services, CNV 008190AC4 1257 1000000 PRN DEFINED 01 1000000
Amazon.com, Inc. cv. sub. note CNV 023135AD8 1264 1000000 PRN DEFINED 01 1000000
American Express Credit Corp. CNV 025818CJ2 2563 2200000 PRN DEFINED 01 2200000
American International Group c CNV 02687QAH1 1435 1000000 PRN DEFINED 01 1000000
At Home Corp. cv. sub. deb. 14 CNV 045919AA5 1045 1000000 PRN DEFINED 01 1000000
BankAtlantic Bancorp cv. sub. CNV 065908AC9 3083 3830000 PRN DEFINED 01 3830000
Bear Stearns Cos., Inc. medium CNV 07383PCN4 3880 4000000 PRN DEFINED 01 4000000
Bell Atlantic Financial Servic CNV 07785GAC4 2187 2000000 PRN DEFINED 01 2000000
Bell Atlantic Financial Servic CNV 07785GAB6 6307 6000000 PRN DEFINED 01 6000000
Citrix Systems, Inc. cv. sub. CNV 177376AA8 687 2000000 PRN DEFINED 01 2000000
Clear Channel Communications, CNV 184502AB8 3709 3000000 PRN DEFINED 01 3000000
Costco Companies, Inc. cv. sub CNV 22160QAA0 2122 2000000 PRN DEFINED 01 2000000
Costco Companies, Inc. cv. sub CNV 22160QAC6 1061 1000000 PRN DEFINED 01 1000000
Credit Suisse First Boston Cor CNV 2254C0AM1 3019 3000000 PRN DEFINED 01 3000000
Credit Suisse First Boston Cor CNV 2254C0AF4 3850 3400000 PRN DEFINED 01 3400000
Credit Suisse First Boston Cor CNV 2254C0AE7 2319 2500000 PRN DEFINED 01 2500000
Deutsche Bank Finance N.V. cv. CNV 25152QAB1 1122 1000000 PRN DEFINED 01 1000000
Diamond Offshore Drilling Inc. CNV 25271CAA0 1553 1500000 PRN DEFINED 01 1500000
DoubleClick, Inc. cv. sub. not CNV 258609AA4 627 500000 PRN DEFINED 01 500000
Elan Finance Corp. Ltd. liquid CNV 284129AA1 3465 6000000 PRN DEFINED 01 6000000
Genzyme Corp. cv. sub. notes 1 CNV 372917AE4 1449 1000000 PRN DEFINED 01 1000000
HealthSouth Corp. cv. sub. not CNV 421924AD3 1625 2000000 PRN DEFINED 01 2000000
HealthSouth Corp. cv. sub. not CNV 421924AF8 406 500000 PRN DEFINED 01 500000
Hewlett-Packard Co., Inc. liqu CNV 428236AA1 2791 5000000 PRN DEFINED 01 5000000
Home Depot, Inc. cv. sub. note CNV 437076AE2 8130 3000000 PRN DEFINED 01 3000000
Imax Corp. cv. sub. notes 144A CNV 45245EAC3 2140 2000000 PRN DEFINED 01 2000000
Interim Services Inc. cv. sub. CNV 45868PAA8 1544 2000000 PRN DEFINED 01 2000000
Interpublic Group Cos., Inc. c CNV 460690AD2 2266 2000000 PRN DEFINED 01 2000000
LSI Logic Corp. cv. sub. notes CNV 502161AB8 601 500000 PRN DEFINED 01 500000
Merrill Lynch (NOVN) euro. med CNV VV3086202 1705 1800000 PRN DEFINED 01 1800000
Morgan Stanley Dean Witter Dis CNV 617446AX7 3340 3500000 PRN DEFINED 01 3500000
Morgan Stanley Dean Witter Dis CNV 61745HAA2 4020 2000000 PRN DEFINED 01 2000000
NTL, Inc. cv. sub. notes 144A CNV 629407AK3 4549 3000000 PRN DEFINED 01 3000000
NatWest Markets exch. trust se CNV 639059AA2 6887 2500000 PRN DEFINED 01 2500000
National Data Corp. cv. sub. n CNV 635621AA3 3629 3500000 PRN DEFINED 01 3500000
Orbital Sciences Corp. cv. sub CNV 685564AB2 826 700000 PRN DEFINED 01 700000
Orbital Sciences Corp. cv. sub CNV 685564AC0 295 250000 PRN DEFINED 01 250000
Penn Treaty American Corp. cv. CNV 707874AA1 2887 2750000 PRN DEFINED 01 2750000
Penn Treaty American Corp. cv. CNV 707874AC7 787 750000 PRN DEFINED 01 750000
Republic National Bank of NY c CNV 76067UAE3 2470 2000000 PRN DEFINED 01 2000000
Rite Aid Corp. cv. sub. notes CNV 767754AK0 1330 1300000 PRN DEFINED 01 1300000
Robbins & Myers Inc. cv. sub. CNV 770196AA1 1986 2270000 PRN DEFINED 01 2270000
Roche Holdings, Inc. liquid yi CNV 771196AC6 3162 5000000 PRN DEFINED 01 5000000
Sepracor, Inc. cv. notes 144A CNV 817315AF1 2332 2000000 PRN DEFINED 01 2000000
Simula, Inc. sr. cv. sub. note CNV 829206AB7 1461 1750000 PRN DEFINED 01 1750000
Spacehab, Inc. cv. sub. notes CNV 846243AA1 1096 1405000 PRN DEFINED 01 1405000
Sportsline USA, Inc. cv. sub. CNV 848934AA3 688 750000 PRN DEFINED 01 750000
Swiss Life Financial Ltd. cv. CNV 870883AA3 2295 2000000 PRN DEFINED 01 2000000
Swiss Life Financial Ltd. cv. CNV 870883AB1 1990 2000000 PRN DEFINED 01 2000000
Synoptics Communications, Inc. CNV 871609AA1 1635 1500000 PRN DEFINED 01 1500000
U.S. Filter Corp. cv. sub. not CNV 911843AF7 2356 2400000 PRN DEFINED 01 2400000
VLSI Technology, Inc. cv. sub. CNV 918270AB5 2205 2250000 PRN DEFINED 01 2250000
Xerox Credit Corp. medium term CNV 983931BG0 1762 1500000 PRN DEFINED 01 1500000
</TABLE>
