FORM 13F
Report for the Calendar Year or Quarter Ended: December 31, 1999
Check here if Amendment [x]; Amendment Number: 1
This Amendment (Check only one.): [x] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Parsons Capital Management, Inc.
Address: 10 Weybosset Street
Suite 106
Providence, RI 02903
13F File Number:
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: Robert W. Parsons
Title: Vice President
Phone: 401-521-2440
Signature, Place, and Date of Signing:
Robert W. Parsons Providence, Rhode Island March 3, 2000
Report Type (Check only one.):
[x] 13F HOLDING 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: 5
Form 13F Information Table Entry Total: 160
Form 13F Information Table Value Total: $334,969
List of Other Included Managers:
No. 13F File Number Name
01 Peter M. Hunt
02 J. Geddes Parsons and Robert W. Parsons
03 Edwin G. Fischer
04 David von Hemert
<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>
HILTON HOTELS CONV SUB NOTE CNV 432848al3 57 75000 PRN
DEFINED 02 75000
ARCHSTONE COMM'TY TR SER A CPR 039581202 281 10000 SH
DEFINED 02 10000
ABBOTT LABS COM 002824100 1142 31450 SH
DEFINED 04 02 31450
ALCOA INC. COM 013817101 564 6800 SH
DEFINED 01 02 6800
AMERICA ONLINE, INC. COM 02364j104 6978 91962 SH
DEFINED 01 02 03 04 91962
AMERICAN EXPRESS CO COM 025816109 5111 30740 SH
DEFINED 01 02 03 30740
AMERICAN GENERAL CORP COM 026351106 402 5300 SH
DEFINED 02 5300
AMERICAN HOME PRODS CORP COM 026609107 1515 38607 SH
DEFINED 02 04 01 38607
AMERICAN INT'L GROUP COM 026874107 15279 141313 SH
DEFINED 04 01 02 03 141313
AMERICAN TOWER CORP CL A COM 029912201 2371 77575 SH
DEFINED 01 02 03 77575
AMGEN COM 031162100 1447 24100 SH
DEFINED 02 01 24100
AMLI RESIDENTIAL PPTYS SBI COM 001735109 495 24500 SH
DEFINED 02 24500
ANADARKO PETROLEUM CORP COM 032511107 1056 30938 SH
DEFINED 02 04 03 30938
APPLE COMPUTER INC COM 037833100 247 2400 SH
DEFINED 01 02 2400
AT&T CORP COM 001957109 3300 64939 SH
DEFINED 02 03 04 01 64939
AT&T LIBERTY MEDIA A COM 001957208 1982 34885 SH
DEFINED 02 01 34885
ATLANTIC RICHFIELD CO COM 048825103 1095 12664 SH
DEFINED 02 01 04 03 12664
AUTOMATIC DATA PROCESSING COM 053015103 3571 66290 SH
DEFINED 04 01 02 03 66290
BANK OF AMERICA CORP COM 060505104 267 5323 SH
DEFINED 02 5323
BANK OF NEW YORK CO INC COM 064057102 596 14900 SH
DEFINED 04 01 14900
BANK RHODE ISLAND COM 064576101 296 30000 SH
DEFINED 02 30000
BAXTER INTL INC COM 071813109 283 4510 SH
DEFINED 04 02 4510
BELL ATLANTIC CORP COM 077853109 882 14328 SH
DEFINED 02 04 01 14328
BELLSOUTH CORP COM 079860102 944 20157 SH
DEFINED 02 01 04 20157
BELO, A.H. CORP DEL $1.67 CL A COM 080555105 14706 771476 SH
DEFINED 02 04 01 771476
BERKSHIRE HATHAWAY CL B COM 084670207 2158 1179 SH
DEFINED 01 02 04 1179
BERKSHIRE HATHAWAY INC COM 084670108 2356 42 SH
DEFINED 01 02 42
BESTFOODS COM 08658u101 850 16170 SH
DEFINED 04 01 16170
BIOGEN INC COM 090597105 275 3250 SH
DEFINED 01 02 04 3250
BOEING COMPANY COM 097023105 643 15524 SH
DEFINED 01 02 04 15524
BP AMOCO PLC SPON ADR COM 055622104 2454 41382 SH
DEFINED 01 02 03 04 41382
BRISTOL MYERS SQUIBB CO COM 110122108 1362 21221 SH
DEFINED 04 01 02 03 21221
CARDINAL HEALTH INC COM 14149y108 362 7568 SH
DEFINED 04 02 7568
CHASE MANHATTAN CORP NEW COM 16161a108 1467 18886 SH
DEFINED 04 02 03 01 18886
CHEVRON CORP COM 166751107 1843 21281 SH
DEFINED 01 02 04 03 21281
CIRCUIT CITY GROUP COM 172737108 207 4600 SH
DEFINED 04 4600
CISCO SYSTEMS INC COM 17275r102 6899 64402 SH
DEFINED 04 01 02 03 64402
CITIGROUP, INC. COM 172967101 241 4325 SH
DEFINED 03 02 04 4325
COCA COLA CO COM 191216100 792 13600 SH
DEFINED 01 02 04 13600
COLGATE PALMOLIVE CO COM 194162103 455 7000 SH
DEFINED 01 02 03 04 7000
COMCAST CORP SP CLASS A COM 200300200 303 5990 SH
DEFINED 02 5990
COMPAQ COMPUTER COM 204493100 1089 40235 SH
DEFINED 01 04 02 40235
CONEXANT SYS INC COM 207142100 1807 27229 SH
DEFINED 04 01 27229
CONVERGYS CORP COM 212485106 673 21875 SH
DEFINED 04 01 21875
DAYTON HUDSON COM 239753106 731 9948 SH
DEFINED 04 02 9948
DELL COMPUTER CORP COM 247025109 249 4885 SH
DEFINED 02 01 4885
DELPHI AUTOMOTIVE SYSTEMS COM 247126105 288 18304 SH
DEFINED 02 04 01 18304
DISNEY WALT COMPANY COM 254687106 1138 38919 SH
DEFINED 04 01 02 03 38919
DOW CHEMICAL CORP COM 260543103 535 4003 SH
DEFINED 01 02 03 4003
DU PONT E I DE NEMOURS CO COM 263534109 1504 22830 SH
DEFINED 01 02 04 22830
DUKE ENERGY CORP COM 264399106 247 4930 SH
DEFINED 02 03 4930
DUKE WEEKS RLTY CORP NEW COM 264411505 1611 82620 SH
DEFINED 02 03 82620
EASTMAN KODAK COM 277461109 314 4735 SH
DEFINED 04 02 01 4735
EDISON SCHOOLS COM 281033100 701 44532 SH
DEFINED 02 44532
EL PASO ENERGY CORP COM 283905107 337 8680 SH
DEFINED 02 8680
ELAN CORP PLC COM 284131208 764 25915 SH
DEFINED 01 02 03 04 25915
EMC CORP MASS COM 268648102 497 4545 SH
DEFINED 04 03 01 02 4545
EMERSON ELEC CO COM 291011104 591 10304 SH
DEFINED 02 04 10304
ENRON CORP COM 293561106 550 12400 SH
DEFINED 02 04 12400
ERICSSON LM TEL SEK10B ADR COM 294821400 1372 20885 SH
DEFINED 01 02 04 20885
EXXON MOBIL CORP COM 30231g102 15435 191593 SH
DEFINED 02 01 03 04 191593
FEDERAL NAT MORTGAGE ASSN COM 313586109 2263 36247 SH
DEFINED 04 01 02 03 36247
FIRSTAR CORP COM 33763v109 239 11316 SH
DEFINED 02 11316
FLEETBOSTON FIN'L CORP COM 339030108 3868 111113 SH
DEFINED 04 01 02 03 111113
FORD MOTOR COMPANY COM 345370100 422 7915 SH
DEFINED 04 02 03 01 7915
FREDDIE MAC COM 313400301 519 11020 SH
DEFINED 02 11020
GENERAL ELECTRIC COMPANY COM 369604103 20950 135381 SH
DEFINED 04 01 02 03 135381
GENERAL MILLS INC COM 370334104 397 11114 SH
DEFINED 02 04 01 11114
GENERAL MOTORS CORP COM 370442105 769 10575 SH
DEFINED 02 04 01 10575
GENTEX CORP COM 371901109 3952 142400 SH
DEFINED 01 02 03 142400
GEORGIA PAC CORP COM 373298108 347 6830 SH
DEFINED 04 01 02 6830
GILLETTE CO COM 375766102 547 13270 SH
DEFINED 04 02 03 01 13270
GTE CORP COM 362320103 1441 20426 SH
DEFINED 02 04 03 01 20426
HALLIBURTON CO COM 406216101 342 8503 SH
DEFINED 01 03 04 8503
HARKEN ENERGY CRP COM 412552101 18 22000 SH
DEFINED 02 22000
HEALTHCARE REALTY TRUST COM 421946104 1047 66991 SH
DEFINED 02 03 66991
HEWLETT- PACKARD CO COM 428236103 2968 26093 SH
DEFINED 04 01 03 02 26093
HOME DEPOT INC COM 437076102 12597 183229 SH
DEFINED 04 02 03 01 183229
HONEYWELL INT'L INC. DEL COM 438516106 2582 44753 SH
DEFINED 02 03 01 44753
HYSEQ INC COM 449163302 757 44550 SH
DEFINED 02 44550
INGERSOLL-RAND COM 456866102 366 6652 SH
DEFINED 04 02 6652
INT'L BUSINESS MACHINES COM 459200101 6174 57232 SH
DEFINED 01 02 03 04 57232
INTEL CORP COM 458140100 6686 81230 SH
DEFINED 02 03 04 01 81230
INTERNATIONAL PAPER CO COM 460146103 807 14295 SH
DEFINED 01 02 04 14295
INTERPUBLIC GROUP OF COMPANIES COM 460690100 303 5245 SH
DEFINED 04 02 5245
INTUIT COM 461202103 1223 20400 SH
DEFINED 02 04 20400
JOHN HANCOCK BANK &T OPPTY COM 409735107 348 41220 SH
DEFINED 02 41220
JOHNSON & JOHNSON COM 478160104 5308 56922 SH
DEFINED 04 01 02 03 56922
JOHNSTON INDS INC COM 479368102 67 40000 SH
DEFINED 01 40000
KIMBERLY-CLARK COM 494368103 312 4765 SH
DEFINED 01 04 02 4765
KNIGHT RIDDER COM 499040103 4152 69705 SH
DEFINED 02 69705
LILLY ELI & CO COM 532457108 369 5554 SH
DEFINED 03 04 01 02 5554
LOWE'S COMPANIES, INC. COM 548661107 358 6000 SH
DEFINED 02 6000
LUCENT TECHNOLOGIES COM 549463107 2722 36297 SH
DEFINED 01 02 03 04 36297
MCDONALDS CORP COM 580135101 1907 47303 SH
DEFINED 04 01 02 03 47303
MCI WORLDCOM INC COM 55268b106 4236 79822 SH
DEFINED 04 01 02 03 79822
MEDIAONE GROUP COM 58440j104 42891 558392 SH
DEFINED 02 04 01 558392
MEDTRONIC, INC COM 585055106 552 15160 SH
DEFINED 01 02 15160
MERCK & CO COM 589331107 5935 88331 SH
DEFINED 04 01 02 03 88331
MGM GRAND INC COM 591610100 304 6041 SH
DEFINED 04 6041
MICROSOFT CORP COM 594918104 6947 59501 SH
DEFINED 01 02 04 03 59501
MINNESOTA MNG & MFG CO COM 604059105 10096 103150 SH
DEFINED 01 02 04 103150
MONSANTO COMPANY COM 611662107 659 18608 SH
DEFINED 01 02 04 03 18608
MONTANA POWER CO COM 612085100 367 10180 SH
DEFINED 02 10180
MORGAN J P & CO INC COM 616880100 2582 20394 SH
DEFINED 01 02 03 04 20394
MORGAN STANLEY DEAN WITTER COM 617446448 338 2368 SH
DEFINED 02 2368
MOTOROLA INC COM 620076109 408 2769 SH
DEFINED 04 02 2769
NATIONAL CITY CORP COM 635405103 245 10360 SH
DEFINED 02 10360
NATIONAL SEMICONDUCTOR COM 637640103 428 10000 SH
DEFINED 02 04 10000
NEW CENTURY ENERGIES INC. COM 64352u103 237 7809 SH
DEFINED 02 7809
NOKIA CORP A COM 654902204 1368 7160 SH
DEFINED 02 03 04 7160
NORFOLK SOUTHERN CO COM 655844108 415 20220 SH
DEFINED 02 04 01 20220
NOVACARE INC COM 669930109 18 98796 SH
DEFINED 02 98796
ORACLE CORP COM 68389x105 5975 53316 SH
DEFINED 04 01 02 53316
ORBITAL SCIENCES CORP COM 685564106 1332 71735 SH
DEFINED 02 01 71735
PARAMETRIC TECHNOLOGY COM 699173100 1641 60625 SH
DEFINED 02 03 01 60625
PEPSICO INC COM 713448108 1952 55371 SH
DEFINED 04 01 02 03 55371
PFIZER INC COM 717081103 2813 86728 SH
DEFINED 01 02 03 04 86728
PHARMACIA & UPJOHN, INC. COM 716941109 1612 35812 SH
DEFINED 02 04 35812
PHILIP MORRIS COS COM 718154107 414 17980 SH
DEFINED 02 01 17980
PROCTER & GAMBLE CO COM 742718109 2809 25634 SH
DEFINED 01 02 04 03 25634
QUAKER FABRIC CORP NEW COM 747399103 234 55000 SH
DEFINED 01 55000
QUAKER OATS CO COM 747402105 562 8567 SH
DEFINED 02 8567
QUALCOMM, INC. COM 747525103 852 4840 SH
DEFINED 02 03 4840
RACING CHAMPIONS CORP COM 750069106 138 31100 SH
DEFINED 02 31100
ROCKWELL INTL COM 773903109 1312 27400 SH
DEFINED 04 27400
ROYAL DUTCH PETE NY GLDR5 COM 780257804 3098 51157 SH
DEFINED 04 01 02 51157
SARA LEE CORP COM 803111103 607 27524 SH
DEFINED 04 01 02 03 27524
SBC COMMUNICATIONS PV$1 COM 78387g103 2055 42160 SH
DEFINED 02 01 04 03 42160
SCHLUMBERGER LTD COM 806857108 1808 32215 SH
DEFINED 04 02 01 03 32215
SCI SYSTEMS COM 783890106 1525 18550 SH
DEFINED 02 18550
SERVICE CORP INTL COM 817565104 156 22550 SH
DEFINED 02 22550
SERVICEMASTER COMPANY COM 81760n109 371 30142 SH
DEFINED 02 30142
SHERWIN WILLIAMS CO COM 824348106 347 16540 SH
DEFINED 04 02 16540
SIGMA ALDRICH CORP COM 826552101 265 8800 SH
DEFINED 02 8800
STMICROELECTRONICS COM 861012102 212 1400 SH
DEFINED 04 1400
SUN MICROSYSTEM INC COM 866810104 355 4580 SH
DEFINED 02 04 01 4580
SYBRON INT'L CORP COM 87114f106 268 10850 SH
DEFINED 04 10850
SYMBOL TECHNOLOGIES COM 871508107 584 9187 SH
DEFINED 02 9187
TECHNE CORP COM 878377100 220 4000 SH
DEFINED 02 4000
TEMPLE INLAND INC COM 879868107 247 3750 SH
DEFINED 02 3750
TEXACO INC COM 881694103 1112 20475 SH
DEFINED 02 01 20475
TEXAS INSTRUMENTS INC COM 882508104 214 2215 SH
DEFINED 02 04 2215
TEXTRON INC COM 883203101 415 5410 SH
DEFINED 02 04 5410
THERMO BIOANALYSIS CORP COM 88355h108 643 35000 SH
DEFINED 02 35000
THERMO CARDIOSYSTEMS INC COM 88355k200 255 38855 SH
DEFINED 01 02 38855
THERMO ELECTRON CORP COM 883556102 525 34999 SH
DEFINED 04 02 34999
THERMO INSTRUMENT SYSTEMS COM 883559106 188 16879 SH
DEFINED 02 16879
TIME WARNER INC COM 887315109 3919 54190 SH
DEFINED 02 54190
TYCO INT'L LTD NEW COM 902124106 424 10878 SH
DEFINED 04 01 02 10878
U S WEST INC (NEW) COM 91273h101 728 10108 SH
DEFINED 02 04 01 10108
UNUMPROVIDENT CORP COM COM 91529y106 395 12325 SH
DEFINED 04 02 12325
VODAFONE GROUP PUBLIC CO COM 92857t107 430 8680 SH
DEFINED 02 04 8680
WAL MART STORES INC COM 931142103 2139 30950 SH
DEFINED 04 02 01 30950
WARNER LAMBERT CO COM 934488107 1313 16029 SH
DEFINED 01 02 16029
WELLS FARGO & CO NEW COM 949746101 560 13850 SH
DEFINED 04 02 13850
WEYERHAEUSER CO COM 962166104 280 3900 SH
DEFINED 04 02 3900
ALLIANCE CAP MGM HLD LPI PTR 01855a101 1506 50300 SH
DEFINED 02 50300
KINDER MORGAN ENERGY PARTNERS PTR 494550106 1154 27860 SH
DEFINED 02 27860
PIMCO ADVSR HLDGS LP PTR 69338p102 1884 49982 SH
DEFINED 02 49982
</TABLE>
