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 her is Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manger Filing this Report:
Name: Vaughan Nelson Scarborough & McCullough, LP
Address: 6300 Chase Tower
Houston, Texas 77002
13F File Number: 28-5840
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, tables, are considered
integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Lee A. Lahourcade
Title: President
Phone: 713-224-2545
Signature, Place and Date of Signing:
Houston, Texas August 3, 1999
Report Type (Check only one.):
[ x] 13F Holdings Report.
[ ] 13F Notice
[ ] 13F Combination Report.
List of Other Managers Reporting for this Manager:
1. MetLife New England Holdings, Inc. 28-5952
2. Metropolitan Life Insurance Co. 28-3714
3. New England Investment Companies, LP 28-1447
I am signing this report as required by the Securities and
Exchange Act of 1934.
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
Title Investment Voting
of Value Discretion Shared Authority
Security Class CUSIP (x$1000) QuantitySole (AShare(Other (ManageSole (A)ShareNone(C)
COMMON STOCK
3COM CORP COM COM 88553510 619 23200 232001,2 an 23200
ABBOTT LABS COM 00282410 23936 527515 5275151,2 an 505715 21800
ABOUT COM INC COM COM 00373610 597 11500 115001,2 an 11500
ALCATEL ALSTHOM SPONSCOM 01390430 993 35000 350001,2 an 35000
ALLIEDSIGNAL INC COM 01951210 37082 588610 5886101,2 an 520970 67640
AMAZON COM INC COM COM 02313510 438 3500 35001,2 an 3500
AMERICA ONLINE INC DECOM 02364J10 4200 38180 381801,2 an 38180
AMERICAN EXPRESS CO CCOM 02581610 21201 162925 1629251,2 an 144225 18700
AMERICAN GENERAL CORPCOM 02635110 42068 558114 5581141,2 an 507700 50414
AMERICAN HOME PRODS CCOM 02660910 14436 251600 2516001,2 an 251600
AMERICAN INTL GROUP COM 02687410 59474 507244 5072441,2 an 444101 63143
AMERITECH CORP NEW COM 03095410 772 10500 105001,2 an 10500
AMERITRADE HLDG CORP COM 03072H10 615 5800 58001,2 an 5800
AMGEN INC COM 03116210 2234 36700 367001,2 an 36700
APPLIED MATLS INC COMCOM 03822210 814 11025 110251,2 an 11025
ASM LITHOGRAPHY HLDG COM N0705911 356 6000 60001,2 an 6000
ASSOCIATES FIRST CAP COM 04600810 22035 499368 4993681,2 an 405650 93718
AT HOME CORP COM SER COM 04591910 1627 30166 301661,2 an 30166
AT&T COM 00195710 2966 53150 531501,2 an 46310 6840
AT&T CORP COM LIB GRPCOM 00195720 735 20000 200001,2 an 20000
AVERY DENNISON COM 05361110 4637 76800 768001,2 an 72100 4700
AXENT TECHNOLOGIES INCOM 05459C10 332 29800 298001,2 an 29800
BAAN CO NV COM COM N0804410 1102 69400 694001,2 an 69400
BANC ONE CORP COM 06423A10 5670 95194 951941,2 an 86158 9036
BANK NEW YORK INC COMCOM 06405710 1101 30000 300001,2 an 30000
BANK OF AMERICA CORPOCOM 06050510 5470 74617 746171,2 an 59517 15100
BAXTER INTERNATIONAL COM 07181310 2443 40300 403001,2 an 40300
BELL ATLANTIC CORP COM 07785310 2900 44365 443651,2 an 39383 4982
BEYOND.COM CORPORATIOCOM 08860E10 298 10400 104001,2 an 10400
BMC SOFTWARE INC COM COM 05592110 1825 33800 338001,2 an 33800
BOEING CO COM COM 09702310 926 21045 210451,2 an 21045
BP AMOCO P L C SPONSOCOM 05562210 9425 86864 868641,2 an 84733 2131
BRISTOL MYERS COM 11012210 23001 326550 3265501,2 an 287050 39500
BRITISH SKY BROADCSTNCOM 11101310 393 7000 70001,2 an 7000
BROADCAST COM INC COMCOM 11131010 1656 12400 124001,2 an 12400
BROADCOM CORP CL A COM 11132010 1865 12900 129001,2 an 12900
BROWN FORMAN CORP CL COM 11563720 3364 51600 516001,2 an 47400 4200
CABLE & WIRELESS PLC COM 12683020 396 10000 100001,2 an 10000
CBT GROUP PUB LTD SPOCOM 12485310 584 35400 354001,2 an -14000 49400
CENTRAL EUROPEAN MEDICOM G2004510 309 47500 475001,2 an 47500
CHANCELLOR MEDIA CORPCOM 15891510 661 12000 120001,2 an 12000
CHASE MANHATTAN NEW CCOM 16161A10 35694 412650 4126501,2 an 393250 19400
CHEVRON CORPORATION COM 16675110 705 7414 74141,2 an 7414
CHUBB CORP COM COM 17123210 1619 23300 233001,2 an 23300
CISCO SYS INC COM 17275R10 33677 522634 5226341,2 an 446734 75900
CITIGROUP INC COM COM 17296710 50859 1070713 10707131,2 an 961701 109012
CITRIX SYS INC COM COM 17737610 859 15200 152001,2 an 15200
CLOROX CO DEL COM COM 18905410 1042 9760 97601,2 an 0 9760
CMGI INC COM COM 12575010 1141 10000 100001,2 an 10000
COCA COLA COM 19121610 30392 490191 4901911,2 an 440171 50020
COLGATE PALM. COM 19416210 2295 23300 233001,2 an 2800 20500
COLUMBIA/HCA HLTHCARECOM 19767710 912 40000 400001,2 an 40000
COMCAST CORP CL A COM 20030010 358 10000 100001,2 an 10000
COMCAST CORP CL A SPLCOM 20030020 384 10000 100001,2 an 10000
COMPAQ COMPUTER CORP COM 20449310 20293 856699 8566991,2 an 772790 83909
COX COMMUNICATIONS NECOM 22404410 1325 36000 360001,2 an 36000
DATA BROADCASTING CORCOM 23759610 636 60200 602001,2 an 60200
DELL COMPUTER CORP COCOM 24702510 3889 105100 1051001,2 an 105100
DELPHI AUTO SYS CORP COM 24712610 2264 122358 1223581,2 an 107307 15051
DEUTSCHE TELEKOM AG SCOM 25156610 845 20000 200001,2 an 20000
DOUBLECLICK INC COM COM 25860930 2110 23000 230001,2 an 23000
DU PONT E I DE NEMOURCOM 26353410 21044 308051 3080511,2 an 247791 60260
DUKE ENERGY COM 26439910 9387 172443 1724431,2 an 172443
DUN & BRADSTREET CORPCOM 26483B10 2073 58500 585001,2 an 58500
E M C CORP MASS COM COM 26864810 1100 20000 200001,2 an 20000
E TRADE GROUP INC COMCOM 26924610 1198 30000 300001,2 an 30000
EARTHLINK NETWORK INCCOM 27032210 602 9800 98001,2 an 9800
EARTHWEB INC COM COM 27032C10 615 16500 165001,2 an 16500
EASTMAN KODAK COM 27746110 3266 48200 482001,2 an 43700 4500
EBAY INC COM COM 27864210 530 3500 35001,2 an 3500
EL PASO ENERGY CORP COM 28390510 13122 372904 3729041,2 an 315374 57530
ELECTROGLAS INC COM COM 28532410 624 31200 312001,2 an 31200
ELECTRONIC ARTS INC COM 28551210 949 17500 175001,2 an 9000 8500
ELECTRONIC DATA SYS NCOM 28566110 8547 150940 1509401,2 an 147740 3200
ENERGIS PLC SPONSOREDCOM 29266H10 714 6000 60001,2 an 6000
EQUANT N V NY REG SHSCOM 29440910 425 4500 45001,2 an 4500
ERICSSON L M TEL CO ACOM 29482140 922 28000 280001,2 an 28000
ETOYS INC COM COM 29786210 570 14000 140001,2 an 14000
EXECUTIVE RISK INC COCOM 30158610 1174 13800 138001,2 an 13800
EXXON CORP COM 30229010 9705 125831 1258311,2 an 104231 21600
FANNIE MAE COM 31358610 62124 910242 9102421,2 an 778478 131764
FIRST DATA CORP COM COM 31996310 16577 338730 3387301,2 an 273930 64800
FIRST TENN NATL CORP COM 33716210 502 13100 131001,2 an 13100
FLYCAST COMMUNICATIONCOM 34406710 392 20500 205001,2 an 20500
FRANCE TELECOM SPONSOCOM 35177Q10 847 11000 110001,2 an 11000
FREDDIE MAC COM 31340030 11735 202320 2023201,2 an 202320
FREEPORT-MCMORAN COP&COM 35671D85 199 11109 111091,2 an 11109
GATEWAY 2000 INC COM COM 36783310 585 9900 99001,2 an 9900
GATX CORP COM COM 36144810 1443 37900 379001,2 an 37900
GEMSTAR INTL GROUP LTCOM G3788V10 1566 24000 240001,2 an 24000
GENCORP INC COM COM 36868210 8226 325790 3257901,2 an 267440 58350
GENERAL DYNAMICS CORPCOM 36955010 3650 53000 530001,2 an 47000 6000
GENERAL ELECTRIC COM 36960410 65368 578474 5784741,2 an 510266 68208
GENERAL INSTR CORP DECOM 37012010 425 10000 100001,2 an 10000
GENERAL MTRS CORP COM 37044210 12527 189810 1898101,2 an 168275 21535
GILLETTE COM 37576610 30497 743840 7438401,2 an 636240 107600
GLOBAL CROSSING LTD CCOM G3921A10 567 13310 133101,2 an 13310
GTE CORP COM COM 36232010 13094 173435 1734351,2 an 170135 3300
HEALTHEON CORP COM COM 42220910 1501 19500 195001,2 an 19500
HEINZ H J COM 42307410 3278 65400 654001,2 an 60000 5400
HEWLETT PACKARD CO COM 42823610 25959 258300 2583001,2 an 211600 46700
HOME DEPOT INC COM 43707610 28389 440569 4405691,2 an 411669 28900
HONEYWELL INC COM COM 43850610 274 2362 23621,2 an 2362
HSB GROUP INC COM COM 40428N10 1790 43450 434501,2 an 43450
IBM COM 45920010 66350 513350 5133501,2 an 488950 24400
ICG COMMUNICATIONS INCOM 44924610 368 17200 172001,2 an 17200
INFOSEEK CORP COM COM 45678m10 1007 21000 210001,2 an 21000
INFOSPACE COM INC COMCOM 45678T10 1175 25000 250001,2 an 25000
INKTOMI CORP COM COM 45727710 1315 10000 100001,2 an 10000
INTEL COM 45814010 59154 994185 9941851,2 an 871225 122960
INTERMEDIA COMMUNICATCOM 45880110 690 23000 230001,2 an 23000
INTERNATIONAL FLAV&FRCOM 45950610 1386 31500 315001,2 an 26500 5000
INTERPUBLIC GROUP COSCOM 46069010 1371 15825 158251,2 an 600 15225
INTUIT COM COM 46120210 360 4000 40001,2 an 4000
ITURF INC CL A COM 46575Q10 343 19000 190001,2 an 19000
IVILLAGE INC COM COM 46588H10 603 12000 120001,2 an 12000
IXC COMMUNICATIONS INCOM 45071310 393 10000 100001,2 an 10000
IXOS SOFTWARE AG SPN COM 46600V10 597 18500 185001,2 an 18500
JOHNSON & JOHNSON COM 47816010 28522 291040 2910401,2 an 257540 33500
KNIGHT/TRIMARK GRP INCOM 49906710 732 12000 120001,2 an 12000
LABORATORY AMER HLDGSCOM 50540R10 78 27100 271001,2 an 27100
LEHMAN BROS HLDGS INCCOM 52490810 19683 316824 3168241,2 an 274184 42640
LEVEL 3 COMMUNICTIONSCOM 52729N10 372 6200 62001,2 an 6200
LORAL SPACE & COMMNCTCOM G5646210 306 17000 170001,2 an 17000
LUCENT TECHNOLOGIES CCOM 54946310 28113 416880 4168801,2 an 347952 68928
LYCOS INC COM COM 55081810 2940 32000 320001,2 an 32000
MACROMEDIA INC COM COM 55610010 264 7500 75001,2 an 7500
MARIMBA INC COM COM 56781Q10 580 11000 110001,2 an 11000
MARKETWATCH COM INC CCOM 57061910 412 7000 70001,2 an 7000
MARSH & MCLENNAN COS COM 57174810 568 7500 75001,2 an 4000 3500
MCDONALDS COM 58013510 28639 696394 6963941,2 an 611234 85160
MCI WORLDCOM INC. COM 55268b10 6053 70330 703301,2 an 70330
MEDIA METRIX INC COM COM 58440X10 745 14000 140001,2 an 14000
MEDTRONIC INC COM COM 58505510 2862 36750 367501,2 an 36750
MELLON BK CORP COM COM 58550910 29944 823200 8232001,2 an 675800 147400
MERCK COM 58933110 49603 673729 6737291,2 an 616929 56800
MERCURY INTERACTIVE CCOM 58940510 2476 70000 700001,2 an 70000
MERRILL LYNCH & CO INCOM 59018810 9138 114940 1149401,2 an 111440 3500
MICRON TECHNOLOGY INCCOM 59511210 202 5000 50001,2 an 5000
MICROSOFT CORP COM 59491810 27837 308660 3086601,2 an 265020 43640
MICROSTRATEGY INC CL COM 59497210 625 16500 165001,2 an 16500
MINDSPRING ENTERPRISECOM 60268310 1063 24000 240001,2 an 24000
MOBIL CORP. COM 60705910 4426 44824 448241,2 an 44824
MOTOROLA INC COM 62007610 20348 214756 2147561,2 an 196856 17900
NETBANK INC COM COM 64093310 540 14200 142001,2 an 14200
NETWORK SOLUTIONS INCCOM 64121Q10 1662 21000 210001,2 an 21000
NETWORKS ASSOCS INC CCOM 64093810 352 24000 240001,2 an 24000
NIPPON TELEG & TEL SPCOM 65462410 939 15000 150001,2 an 15000
NOKIA CORP SPONSORED COM 65490220 806 8800 88001,2 an 8800
NORTEL NETWORKS CORP COM 65656910 1840 21200 212001,2 an 21200
NORTHROP GRUMMAN CORPCOM 66680710 27937 421300 4213001,2 an 369950 51350
NOVELL INC COM 67000610 662 25000 250001,2 an 25000
NVIDIA CORP COM COM 67066G10 382 20000 200001,2 an 20000
OFFICE DEPOT INC COM 67622010 18209 825321 8253211,2 an 745371 79950
ONEMAIN COM INC COM COM 68267P10 354 15000 150001,2 an 15000
ONSALE INC COM COM 68283810 668 35300 353001,2 an 35300
ORACLE CORP COM COM 68389X10 16907 455410 4554101,2 an 455410
P T TELEKOM INDONESIACOM 71568410 187 15000 150001,2 an 15000
PACIFIC INTERNET LTD COM Y6618310 2369 50000 500001,2 an 50000
PEAPOD INC COM COM 70471810 282 35500 355001,2 an 35500
PEGASUS SYSTEMS INC CCOM 70590610 299 8000 80001,2 an 8000
PEPSICO COM 71344810 36274 937616 9376161,2 an 863106 74510
PFIZER INC COM 71708110 33500 307337 3073371,2 an 244137 63200
PHARMACIA & UPJOHN INCOM 71694110 12149 213850 2138501,2 an 209950 3900
PHILIP MORRIS COS INCCOM 71815410 5951 148075 1480751,2 an 124700 23375
PIXAR COM COM 72581110 1725 40000 400001,2 an 40000
PMC-SIERRA INC COM COM 69344F10 1002 17000 170001,2 an 17000
PPG INDS INC COM 69350610 306 5175 51751,2 an 5175
PRICELINE COM INC COMCOM 74150310 867 7500 75001,2 an 7500
PROCTER & GAMBLE COM 74271810 42340 474395 4743951,2 an 445695 28700
PSION PLC COM 635 47500 475001,2 an 47500
PT INDOSAT ADR COM 71568010 390 20000 200001,2 an 20000
QUAKER OATS CO COM COM 74740210 3100 46700 467001,2 an 41800 4900
QUALCOMM INC COM COM 74752510 861 6000 60001,2 an 6000
QUANTUM CORP COM COM 74790610 241 10000 100001,2 an 10000
QWEST COMMUNICATIONS COM 74912110 727 22000 220001,2 an 22000
RAMBUS INC DEL COM COM 75091710 737 8000 80001,2 an 8000
REALNETWORKS INC COM COM 75605L10 895 13000 130001,2 an 13000
ROYAL DUTCH PETE CO NCOM 78025780 1116 18520 185201,2 an 8000 10520
SAP AKTIENGESELLSCHAFCOM 80305420 2074 59900 599001,2 an 59900
SBC COMMUNICATIONS INCOM 78387G10 248 4276 42761,2 an 4276
SBS BROADCASTING SA OCOM L8137F10 806 25000 250001,2 an 25000
SCHERING PLOUGH COM 80660510 5281 100600 1006001,2 an 100600
SCHLUMBERGER COM 80685710 24289 381375 3813751,2 an 330675 50700
SCI SYS INC COM COM 78389010 379 8000 80001,2 an 8000
SHELL TRANS&TRAD PLC COM 82270360 23392 504400 5044001,2 an 473600 30800
SIEBERT FINL CORP COMCOM 82617610 838 28000 280001,2 an 28000
SK TELECOM LTD SPONSOCOM 78440P10 595 35000 350001,2 an 35000
SMITHKLINE BEECHAM PLCOM 83237830 32445 491130 4911301,2 an 443680 47450
SONY CORP ADR NEW COM 83569930 364 3300 33001,2 an 3300
SPORTSLINE USA INC COCOM 84893410 1263 35200 352001,2 an 35200
SPYGLASS INC COM COM 85219210 201 10000 100001,2 an 10000
STARMEDIA NETWORK INCCOM 85554610 545 8500 85001,2 an 8500
STATE STR CORP COM COM 85747710 8032 94075 940751,2 an 94075
STMICROELECTRONICS N COM 86101210 832 12000 120001,2 an 12000
SUN MICROSYSTEMS INC COM 86681010 5462 79300 793001,2 an 79300
SWISSCOM AG SPONSOREDCOM 87101310 576 15000 150001,2 an 15000
TELE DANMARK A/S SPNSCOM 87924210 360 14000 140001,2 an 14000
TELECOM ITALIA SPA SPCOM 87927W10 841 8000 80001,2 an 8000
TELEFONICA DE ESPANA COM 87938220 902 6130 61301,2 an 6130
TELEGLOBE INC COM COM 87941V10 773 26000 260001,2 an 26000
TELEWEST COMMUNCTN PLCOM 87956P10 1217 26600 266001,2 an 26600
TELLABS INC COM COM 87966410 811 12000 120001,2 an 12000
TERADYNE INC COM COM 88077010 481 6700 67001,2 an 6700
TEXACO INC COM 88169410 4716 75600 756001,2 an 71000 4600
TEXAS INSTRS INC COM 88250810 47704 331275 3312751,2 an 270275 61000
THEGLOBE COM INC COM COM 88335R10 728 37000 370001,2 an 37000
THESTREET COM COM COM 88368Q10 1084 30100 301001,2 an 30100
TICKETMASTER ONLINE CCOM 88633P20 557 18400 184001,2 an 18400
TIME WARNER COM 88731510 32968 453950 4539501,2 an 370050 83900
TRIBUNE CO NEW COM COM 89604710 523 6000 60001,2 an 6000
U S WEST INC New Com COM 91273H10 2938 50017 500171,2 an 46217 3800
UNILEVER N V COM 90478470 9182 131635 1316351,2 an 131635
UNION PLANTERS CORP CCOM 90806810 321 7174 71741,2 an 7174
UNISYS CORP COM COM 90921410 934 24000 240001,2 an 24000
UNITED TECHNOLOGIES CCOM 91301710 38115 529376 5293761,2 an 446076 83300
USWEB CORP COM COM 91732710 1109 50000 500001,2 and 3
VERIO INC COM COM 92343310 208 3000 30001,2 and 3
VERISIGN INC COM COM 92343E10 2156 25000 250001,2 and 3
VODAFONE AIRTOUCH PLCCOM 92857T10 621 3150 31501,2 and 3
WAL MART STORES COM 93114210 2452 50815 508151,2 and 3
WALT DISNEY COM 25468710 30417 987166 9871661,2 and 3 126640
WARNER LAMBERT CO COM 93448810 18156 262655 2626551,2 and 3 25200
WATKINS JOHNSON CO COCOM 94248610 295 10000 100001,2 and 3
WEINGARTEN RLTY COM 94874110 4021 96302 963021,2 and 3
WESTERN DIGITAL CORP COM 95810210 250 38400 384001,2 and 3
WEYERHAEUSER CO COM 96216610 1464 21300 213001,2 and 3
WILLAMETTE INDS INC CCOM 96913310 461 10000 100001,2 and 3
WIND RIVER SYSTEMS INCOM 97314910 578 36000 360001,2 and 3
XEROX CORP COM 98412110 12879 218055 2180551,2 and 3
XILINX INC COM COM 98391910 698 12200 122001,2 and 3
YAHOO INC COM COM 98433210 3641 21136 211361,2 and 3
Total 1,815,974
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