SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: June 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 June 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: 75
FORM 13F INFORMATION TABLE VALUE TOTAL: $149,731,000
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 3622 112100 SH SOLE 45500 0 66600
ALLTEL CORP COM COM 020039103 4419 61800 SH SOLE 37200 0 24600
AMER EXPRESS CO CAP TR 7% PFD PREFERRED STOCKS 02583Y205 1024 41900 SH SOLE 38600 0 3300
AMERICAN EXPRESS CO COM 025816109 4112 31600 SH SOLE 14200 0 17400
AMERICAN HOME PRODS CORP COM 026609107 281 4900 SH SOLE 3400 0 1500
AMERICAN WTR WKS INC COM 030411102 1304 42400 SH SOLE 38600 0 3800
ARMSTRONG WORLD INDS INC COM COM 042476101 2428 42000 SH SOLE 13000 0 29000
ASARCO INC COM COM 043413103 1054 56000 SH SOLE 50400 0 5600
AT & T CORP. COM 001957109 5577 99917 SH SOLE 53773 0 46144
BELL ATLANTIC CORP COM 077853109 293 4486 SH SOLE 4486 0 0
BRISTOL MYERS SQUIBB CO COM COM 110122108 1655 23500 SH SOLE 19700 0 3800
CATERPILLAR INC COM 149123101 4350 72500 SH SOLE 38300 0 34200
CHEVRON CORP COM 166751107 209 2200 SH SOLE 1300 0 900
CHICAGO TITLE CORP COM COM 168228104 582 16300 SH SOLE 11900 0 4400
CLEVELAND CLIFFS INC COM 185896107 1301 40200 SH SOLE 34600 0 5600
CYPRUS AMAX MINERALS CO COM COM 232809103 1075 70500 SH SOLE 65900 0 4600
D Q E COM 23329J104 235 5850 SH SOLE 5850 0 0
DANA CORP COM 235811106 3462 75160 SH SOLE 34360 0 40800
DELPHI AUTOMOTIVE SYS CORP COM COM 247126105 1978 106913 SH SOLE 39644 0 67269
DEXTER CORP COM 252165105 3343 81900 SH SOLE 38800 0 43100
DOMINION RES INC VA COM 257470104 3223 74419 SH SOLE 30919 0 43500
DU PONT E I DE NEMOURS CO COM 263534109 438 6406 SH SOLE 3806 0 2600
EASTMAN KODAK COM 277461109 3953 58348 SH SOLE 25298 0 33050
EDWARD A G INC COM COM 281760108 1236 38337 SH SOLE 34337 0 4000
ENGELHARD CORP COM COM 292845104 2054 90800 SH SOLE 20800 0 70000
EXXON CORP COM 302290101 2716 35221 SH SOLE 15996 0 19225
FANNIE MAE COM 313586109 3576 52400 SH SOLE 29200 0 23200
FIRSTAR CORP COM COM 33763V109 263 9408 SH SOLE 4848 0 4560
FLEET FINL GROUP INC NEW COM COM 338915101 3932 88600 SH SOLE 44400 0 44200
FORD MTR CO CAP TR I TOPRS 9% PREFERRED STOCKS 345343206 215 7900 SH SOLE 6000 0 1900
GENERAL ELEC CO COM 369604103 329 2914 SH SOLE 1954 0 960
GENERAL MTRS CORP COM 370442105 2426 36752 SH SOLE 14952 0 21800
GILLETTE CO COM 375766102 293 7136 SH SOLE 6724 0 412
GOODRICH B F CO COM 382388106 3566 83900 SH SOLE 38600 0 45300
GTE CORP COM 362320103 4545 60200 SH SOLE 31600 0 28600
HARSCO CORP COM 415864107 954 29800 SH SOLE 23400 0 6400
HIGHWOOD PPTYS INC COM COM 431284108 853 31100 SH SOLE 28200 0 2900
HRPT PPTYS TR COM SH BEN INT COM 40426W101 1946 127100 SH SOLE 68000 0 59100
INTL PAPER 7.875% PFD PREFERRED STOCKS 460140205 985 39400 SH SOLE 30900 0 8500
JEFFERSON PILOT CORP COM COM 475070108 285 4300 SH SOLE 4300 0 0
KIMBERLY CLARK CORP COM COM 494368103 4309 75600 SH SOLE 36500 0 39100
LIBERTY PPTY TR SH BEN INT COM 531172104 396 15900 SH SOLE 14900 0 1000
LUCENT TECHNOLOGIES INC COM COM 549463107 265 3924 SH SOLE 3068 0 856
MAYTAG CORP COM COM 578592107 4084 58500 SH SOLE 35100 0 23400
MDU RESOURCES GROUP INC COM 552690109 808 35425 SH SOLE 25650 0 9775
MERCANTILE BANKSHARES CORP COM COM 587405101 1740 49200 SH SOLE 24700 0 24500
MERCK & CO COM 589331107 295 4000 SH SOLE 3400 0 600
MERRILL LYNCH CAP TR 7% PFD PREFERRED STOCKS 59021F206 1220 51100 SH SOLE 43400 0 7700
MOBIL CORP COM 607059102 3180 32200 SH SOLE 13400 0 18800
MODINE MFG CO COM COM 607828100 2709 83200 SH SOLE 35700 0 47500
MORGAN J.P. & CO INC COM 616880100 3709 26400 SH SOLE 10900 0 15500
NATIONAL FUEL & GAS CO COM 636180101 3235 66700 SH SOLE 30800 0 35900
NATIONWIDE HEALTH PPTYS INC COM 638620104 1437 75400 SH SOLE 30400 0 45000
NICOR INC COM COM 654086107 274 7200 SH SOLE 5900 0 1300
NISOURCE INC COM 65473P105 2304 89258 SH SOLE 35058 0 54200
OGDEN CORP COM COM 676346109 420 15600 SH SOLE 11700 0 3900
PAINE WEBBER GROUP INC COM COM 695629105 266 5683 SH SOLE 5683 0 0
PIEDMONT NAT GAS INC COM 720186105 2707 86985 SH SOLE 44415 0 42570
PNC BK CORP COM COM 693475105 2864 49700 SH SOLE 12100 0 37600
SBC COMMUNICATIONS, INC COMMON COM 78387G103 310 5350 SH SOLE 3250 0 2100
SCHLUMBERGER COM 806857108 4056 63692 SH SOLE 34392 0 29300
SEARS ROEBUCK & CO COM 812387108 3302 74100 SH SOLE 32100 0 42000
SIMPSON INDS INC COM COM 829060102 578 56400 SH SOLE 40200 0 16200
TEXACO INC COM 881694103 337 5400 SH SOLE 3900 0 1500
U S WEST INC NEW COM COM 91273H101 3842 65400 SH SOLE 35700 0 29700
UNION PLANTERS CORP COM COM 908068109 380 8500 SH SOLE 7900 0 600
UNITED DOMINION RLTY TR INC COM 910197102 1892 161000 SH SOLE 94000 0 67000
UST INC COM COM 902911106 235 8000 SH SOLE 8000 0 0
USX MARATHON GROUP COM NEW COM 902905827 1911 58700 SH SOLE 50400 0 8300
V F CORP COM COM 918204108 3279 76700 SH SOLE 34900 0 41800
VANGUARD INDEX TR 500 PORTFOLI MUTUAL FUNDS 922908108 2208 17410 SH SOLE 0 0 17410
WACHOVIA CORP NEW COM 929771103 3482 40700 SH SOLE 17800 0 22900
WASHINGTON MUT INC COM COM 939322103 2564 72100 SH SOLE 29500 0 42600
WHIRLPOOL CORP COM COM 963320106 4743 64100 SH SOLE 36400 0 27700
WILLIAMS COS INC COM 969457100 298 7000 SH SOLE 3300 0 3700
LINE COUNT: 75
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