SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: September 30, 1999
Institutional Investment Manager Filing this Report:
Name: Delta Financial Management Corporation
Address: 37 Derby Street
Hingham, MA 02043
13F File Number: 28-6200
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,
corrrect 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: William M Weldon
Title: Managing Director
Phone: 781-749-8156
Signature, Place and Date of Signing:
William M Weldon Hingham, MA September 30, 1999
Report Type:
[x] 13F HOLDINGS REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 71
FORM 13F INFORMATION TABLE VALUE TOTAL: $125,914,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
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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
ALLIANCE CAP MGMT LP UT LTD PT COM 018548107 2999 109300 SH SOLE 42700 0 66600
ALLTEL CORP COM COM 020039103 4223 60000 SH SOLE 35400 0 24600
AMER EXPRESS CO CAP TR 7% PFD PREFERRED STOCKS 02583Y205 920 39900 SH SOLE 36600 0 3300
AMERICAN EXPRESS CO COM 025816109 4266 31600 SH SOLE 14200 0 17400
AMERICAN HOME PRODS CORP COM 026609107 203 4900 SH SOLE 3400 0 1500
AMERICAN WTR WKS INC COM 030411102 1215 42000 SH SOLE 38200 0 3800
ARMSTRONG WORLD INDS INC COM COM 042476101 1833 40800 SH SOLE 11800 0 29000
ASARCO INC COM COM 043413103 1183 43800 SH SOLE 38800 0 5000
AT & T CORP. COM 001957109 4268 98117 SH SOLE 51973 0 46144
BELL ATLANTIC CORP COM 077853109 302 4486 SH SOLE 4486 0 0
BRISTOL MYERS SQUIBB CO COM COM 110122108 1586 23500 SH SOLE 19700 0 3800
CATERPILLAR INC COM 149123101 3903 71200 SH SOLE 37000 0 34200
CHICAGO TITLE CORP COM COM 168228104 651 16300 SH SOLE 11900 0 4400
CITIGROUP INC. COM 172967101 1761 40025 SH SOLE 2025 0 38000
CLEVELAND CLIFFS INC COM 185896107 1127 36200 SH SOLE 30700 0 5500
CONOCO INC CL A COM 208251306 2855 102900 SH SOLE 34700 0 68200
D Q E COM 23329J104 217 5550 SH SOLE 5550 0 0
DANA CORP COM 235811106 2723 73360 SH SOLE 32560 0 40800
DELPHI AUTOMOTIVE SYS CORP COM COM 247126105 1697 105644 SH SOLE 38375 0 67269
DEXTER CORP COM 252165105 3004 80500 SH SOLE 37400 0 43100
DOMINION RES INC VA COM 257470104 3331 73819 SH SOLE 30319 0 43500
DU PONT E I DE NEMOURS CO COM 263534109 388 6406 SH SOLE 3806 0 2600
EASTMAN KODAK COM 277461109 4288 56700 SH SOLE 23650 0 33050
EDWARD A G INC COM COM 281760108 887 33637 SH SOLE 29637 0 4000
ENGELHARD CORP COM COM 292845104 1606 88000 SH SOLE 18000 0 70000
EXXON CORP COM 302290101 2684 35321 SH SOLE 15896 0 19425
FANNIE MAE COM 313586109 3197 51000 SH SOLE 27800 0 23200
FIRSTAR CORP COM COM 33763V109 241 9408 SH SOLE 4848 0 4560
FLEET FINL GROUP INC NEW COM COM 338915101 3168 86500 SH SOLE 42300 0 44200
GENERAL ELEC CO COM 369604103 356 2999 SH SOLE 2039 0 960
GENERAL MTRS CORP COM 370442105 2886 45852 SH SOLE 14052 0 31800
GILLETTE CO COM 375766102 245 7208 SH SOLE 6794 0 414
GOODRICH B F CO COM 382388106 2390 82400 SH SOLE 37100 0 45300
GTE CORP COM 362320103 4474 58200 SH SOLE 29600 0 28600
HARSCO CORP COM 415864107 823 29800 SH SOLE 23400 0 6400
HIGHWOOD PPTYS INC COM COM 431284108 722 27900 SH SOLE 25000 0 2900
HRPT PPTYS TR COM SH BEN INT COM 40426W101 1413 125600 SH SOLE 66500 0 59100
INTL PAPER 7.875% PFD PREFERRED STOCKS 460140205 970 40400 SH SOLE 31900 0 8500
JEFFERSON PILOT CORP COM COM 475070108 272 4300 SH SOLE 4300 0 0
JOHNSON & JOHNSON COM 478160104 1480 16105 SH SOLE 13905 0 2200
LIBERTY PPTY TR SH BEN INT COM 531172104 354 15600 SH SOLE 14600 0 1000
LUCENT TECHNOLOGIES INC COM COM 549463107 261 4024 SH SOLE 3168 0 856
MDU RESOURCES GROUP INC COM 552690109 797 35425 SH SOLE 25650 0 9775
MERCANTILE BANKSHARES CORP COM COM 587405101 1425 46050 SH SOLE 21550 0 24500
MERCK & CO COM 589331107 259 4000 SH SOLE 3400 0 600
MERRILL LYNCH CAP TR 7% PFD PREFERRED STOCKS 59021F206 1137 51100 SH SOLE 43400 0 7700
MOBIL CORP COM 607059102 3153 31300 SH SOLE 12500 0 18800
MODINE MFG CO COM COM 607828100 1900 81500 SH SOLE 34400 0 47100
MORGAN J.P. & CO INC COM 616880100 2959 25900 SH SOLE 10400 0 15500
NATIONAL FUEL & GAS CO COM 636180101 3077 65200 SH SOLE 29300 0 35900
NATIONWIDE HEALTH PPTYS INC COM 638620104 1254 75400 SH SOLE 30400 0 45000
NICOR INC COM COM 654086107 268 7200 SH SOLE 5900 0 1300
NISOURCE INC COM 65473P105 1964 88758 SH SOLE 34558 0 54200
PAINE WEBBER GROUP INC COM COM 695629105 206 5683 SH SOLE 5683 0 0
PIEDMONT NAT GAS INC COM 720186105 2622 86485 SH SOLE 43915 0 42570
PNC BK CORP COM COM 693475105 2619 49700 SH SOLE 12100 0 37600
SBC COMMUNICATIONS, INC COMMON COM 78387G103 273 5350 SH SOLE 3250 0 2100
SCHLUMBERGER COM 806857108 3938 63192 SH SOLE 33892 0 29300
SIMPSON INDS INC COM COM 829060102 624 56400 SH SOLE 40200 0 16200
SPDR TR UNIT SER 1 COM 78462F103 1429 11100 SH SOLE 10600 0 500
TEXACO INC COM 881694103 347 5500 SH SOLE 4000 0 1500
U S WEST INC NEW COM COM 91273H101 4257 74600 SH SOLE 34900 0 39700
UNION PLANTERS CORP COM COM 908068109 338 8300 SH SOLE 7700 0 600
UNITED DOMINION RLTY TR INC COM 910197102 1771 158300 SH SOLE 91300 0 67000
UST INC COM COM 902911106 242 8000 SH SOLE 8000 0 0
USX MARATHON GROUP COM NEW COM 902905827 1682 57500 SH SOLE 49200 0 8300
V F CORP COM COM 918204108 2381 76800 SH SOLE 34400 0 42400
VANGUARD INDEX TR 500 PORTFOLI MUTUAL FUNDS 922908108 2070 17462 SH SOLE 0 0 17462
WACHOVIA CORP NEW COM 929771103 3169 40300 SH SOLE 17500 0 22800
WASHINGTON MUT INC COM COM 939322103 2118 72400 SH SOLE 29800 0 42600
WILLIAMS COS INC COM 969457100 263 7000 SH SOLE 3300 0 3700
LINE COUNT: 71
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