UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: June 30, 1999
Institutional Investment Manager Filing This Report:
Name: Patten and Patten, Inc.
Address: 520 Lookout Street
Chattanooga, TN 37403
SEC File Number: 801-11499
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 the Reporting Manager:
Name: Z. Cartter Patten, III
Title: Chairman of the Board
Phone: 423-756-3480
Signature, Place, and Date of Signing:
Z. Cartter Patten, III Chattanooga, TN August 10, 1999
Report Type:
[X] 13F HOLDINGS REPORT.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Form 13F Information Table Entry Total: 165
Form 13F Information Table Value Total: $313,816
<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>
3COM COM 885535104 763 28660.00 SH
SOLE 28660.00
AFLAC Inc. COM 001055102 360 7510.00 SH
SOLE 7510.00
AT&T COM 001957109 1264 22646.32 SH
SOLE 22646.32
Abbott Laboratories COM 002824100 605 13327.00 SH
SOLE 13327.00
Aegon N.V. - American Reg. Sha COM 007924103 1560 21093.00 SH
SOLE 21093.00
Allegheny Energy, Inc. COM 017361106 442 13795.00 SH
SOLE 13795.00
Allied-Signal COM 019512102 6795 107850.00SH
SOLE 107850.00
Altera Corp. COM 021441100 2758 75060.00 SH
SOLE 75060.00
AmSouth Bancorp COM 032165102 4221 182040.87SH
SOLE 182040.87
America Online, Inc. COM 02364J104 298 2705.00 SH
SOLE 2705.00
American Express COM 025816109 1830 14060.00 SH
SOLE 14060.00
American General Corp. COM 026351106 1623 21527.00 SH
SOLE 21527.00
American Home Products Corp. COM 026609107 1080 18825.00 SH
SOLE 18825.00
American International Group I COM 026874107 8079 68902.00 SH
SOLE 68902.00
Ameritech Corp. COM 030954101 1298 17662.95 SH
SOLE 17662.95
Amgen COM 031162100 4972 81754.00 SH
SOLE 81754.00
Apache Corp. COM 037411105 236 6050.00 SH
SOLE 6050.00
Archer Daniels Midland COM 039483102 1142 73973.00 SH
SOLE 73973.00
Atlantic Richfield COM 048825103 224 2680.00 SH
SOLE 2680.00
AutoNation, Inc. COM 05329W102 2401 134817.00SH
SOLE 134817.00
Autozone, Inc. COM 053332102 349 11590.00 SH
SOLE 11590.00
BB&T Corporation COM 054937107 1821 49636.00 SH
SOLE 49636.00
BP Amoco PLC - Spons ADR COM 055622104 343 3162.01 SH
SOLE 3162.01
Bank of America Corp. COM 060505104 3244 44245.00 SH
SOLE 44245.00
Bankfirst Corp. COM 066442104 482 52080.00 SH
SOLE 52080.00
Bell Atlantic Corp. COM 077853109 1620 24784.97 SH
SOLE 24784.97
Bell South COM 079860102 1747 37869.24 SH
SOLE 37869.24
Borders Group, Inc. COM 099709107 1887 119340.00SH
SOLE 119340.00
Bristol Myers Squibb Co COM 110122108 1425 20230.00 SH
SOLE 20230.00
Burlington Res. Inc. COM 122014103 709 16400.00 SH
SOLE 16400.00
CBRL Group, Inc. COM 12489V106 994 57635.00 SH
SOLE 57635.00
Cabot Corp. COM 127055101 3318 137165.00SH
SOLE 137165.00
Callaway Golf Co. COM 131193104 249 17050.00 SH
SOLE 17050.00
Chattem Inc. COM 162456107 5938 186646.00SH
SOLE 186646.00
Chevron Oil Company COM 166751107 493 5186.00 SH
SOLE 5186.00
Ciao Cucina Corp. COM 125421107 0 12700.00 SH
SOLE 12700.00
Cisco Systems, Inc. COM 17275R102 4915 76268.00 SH
SOLE 76268.00
Citrix Systems, Inc. COM 177376100 2456 43704.00 SH
SOLE 43704.00
Coca Cola Bottling Co United-B COM 5309 25607.00 SH
SOLE 25607.00
Coca Cola Company COM 191216100 5547 89475.54 SH
SOLE 89475.54
Coca-Cola Enterprises COM 191219104 1117 37550.00 SH
SOLE 37550.00
Comair Holdings COM 199789108 6319 304550.50SH
SOLE 304550.50
Comcast Corp Class A - Spl (No COM 200300200 808 21030.00 SH
SOLE 21030.00
Compaq Corp. COM 204493100 262 11064.00 SH
SOLE 11064.00
Corning, Inc. COM 219350105 5734 81775.00 SH
SOLE 81775.00
DPL, Inc. COM 233293109 586 31699.00 SH
SOLE 31699.00
Data Race, Inc. COM 237842109 288 87000.00 SH
SOLE 87000.00
Dell Computer Corp. COM 247025109 216 5860.00 SH
SOLE 5860.00
Delphi Automotive Systems Corp COM 247126105 457 24702.87 SH
SOLE 24702.87
Dii Group COM 232949107 2840 76625.00 SH
SOLE 76625.00
Dollar General COM 256669102 2244 77365.00 SH
SOLE 77365.00
Dover Corp. COM 260003108 1356 38755.00 SH
SOLE 38755.00
DuPont (EI) deNemours COM 263534109 2657 38900.00 SH
SOLE 38900.00
Duke Energy Corp. COM 264399106 2729 50122.00 SH
SOLE 50122.00
Eastman Kodak Co. COM 277461109 1207 17816.00 SH
SOLE 17816.00
Eaton Corp. COM 278058102 223 2425.00 SH
SOLE 2425.00
Elan Corp. PLC Spons ADR COM 284131208 747 26927.00 SH
SOLE 26927.00
Eli Lilly COM 532457108 643 8974.00 SH
SOLE 8974.00
Emerson Electric COM 291011104 2464 39150.00 SH
SOLE 39150.00
Equitable Cos, Inc. COM 29444G107 573 8550.00 SH
SOLE 8550.00
Exxon Corp. COM 302290101 4800 62236.40 SH
SOLE 62236.40
FPL Group, Inc. COM 302571104 257 4705.01 SH
SOLE 4705.01
First American TN Corp. COM 318900107 1295 31168.84 SH
SOLE 31168.84
First Tennessee National Corp. COM 337162101 481 12543.00 SH
SOLE 12543.00
Ford Motor Company COM 345370100 226 4000.00 SH
SOLE 4000.00
GM Class H COM 370442832 1178 20910.00 SH
SOLE 20910.00
GTE Corp. COM 362320103 2099 27802.13 SH
SOLE 27802.13
Gannett Co. COM 364730101 2719 38090.00 SH
SOLE 38090.00
General Electric Corp. COM 369604103 8788 77770.00 SH
SOLE 77770.00
General Mills COM 370334104 326 4050.00 SH
SOLE 4050.00
General Motors COM 370442105 2337 35410.00 SH
SOLE 35410.00
Gillette Co. COM 375766102 1781 43430.00 SH
SOLE 43430.00
Glaxo PLC Spons ADR - USD- COM 37733W105 238 4200.00 SH
SOLE 4200.00
Halliburton Co. COM 406216101 290 6400.00 SH
SOLE 6400.00
Health Management Associates C COM 421933102 235 20920.00 SH
SOLE 20920.00
Hewlett Packard COM 428236103 4158 41377.00 SH
SOLE 41377.00
Home Depot COM 437076102 3127 48530.00 SH
SOLE 48530.00
Honeywell, Inc. COM 438506107 1083 9350.00 SH
SOLE 9350.00
Host Marriot Services Corp. COM 440914109 2119 260840.00SH
SOLE 260840.00
Illinois Tool Works COM 452308109 540 6600.00 SH
SOLE 6600.00
Intel Corporation COM 458140100 14742 248024.34SH
SOLE 248024.34
International Business Machine COM 459200101 1674 12953.26 SH
SOLE 12953.26
Jefferson Pilot Corp. COM 475070108 235 3550.00 SH
SOLE 3550.00
Johnson and Johnson COM 478160104 4048 41305.00 SH
SOLE 41305.00
Kimberly-Clark COM 494368103 5448 95585.00 SH
SOLE 95585.00
Lexmark International Group, I COM 529771107 7850 119850.00SH
SOLE 119850.00
Lincoln Electric COM 533900106 3032 147890.00SH
SOLE 147890.00
Lucent Technologies, Inc. COM 549463107 1138 16880.14 SH
SOLE 16880.14
M. A. Hanna Co COM 410522106 295 17975.00 SH
SOLE 17975.00
MCI Worldcom Inc. COM 55268B106 5541 64432.00 SH
SOLE 64432.00
Marriott International Class A COM 571903202 242 6474.00 SH
SOLE 6474.00
Marriott International Inc. Cl COM 571903202 3189 85316.00 SH
SOLE 85316.00
McDonald's Corp. COM 580135101 3775 91804.00 SH
SOLE 91804.00
Media One Group, Inc. COM 58440J104 338 4543.00 SH
SOLE 4543.00
Medtronic Inc. COM 585055106 2293 29440.00 SH
SOLE 29440.00
Merck & Company COM 589331107 4261 57870.84 SH
SOLE 57870.84
Microsoft, Inc. COM 594918104 5430 60255.00 SH
SOLE 60255.00
Mid American Apartments Comm. COM 59522J103 1100 47550.00 SH
SOLE 47550.00
Miller Industries, Inc. COM 600551105 108 27505.00 SH
SOLE 27505.00
Millipore Corp. COM 601073109 294 7240.00 SH
SOLE 7240.00
Minnesota Mining and Manufactu COM 604059105 3143 36155.31 SH
SOLE 36155.31
Mobil Corp COM 607059102 1163 11777.00 SH
SOLE 11777.00
Molex Class A COM 608554200 328 10366.00 SH
SOLE 10366.00
Molex, Inc. COM 608554101 2232 60532.00 SH
SOLE 60532.00
Monsanto Co. COM 611662107 669 16900.00 SH
SOLE 16900.00
Morgan Stanley, Dean Witter, D COM 617446448 2203 21468.00 SH
SOLE 21468.00
Motorola COM 620076109 314 3315.00 SH
SOLE 3315.00
Nextel Communications COM 65332V103 1284 25575.00 SH
SOLE 25575.00
Norfolk Southern Corp. COM 655844108 1947 64615.00 SH
SOLE 64615.00
Office Depot COM 676220106 384 17385.00 SH
SOLE 17385.00
Oracle Systems Corp COM 68389X105 498 13403.00 SH
SOLE 13403.00
Panama Coca Cola Bottling Comp COM 698278207 103 25660.00 SH
SOLE 25660.00
Panamerican Beverage Cl A COM p74823108 1207 50675.00 SH
SOLE 50675.00
Paul Harris Stores COM 703555201 260 38520.00 SH
SOLE 38520.00
Pepsi Bottling Group, Inc. COM 713409100 428 18500.00 SH
SOLE 18500.00
Pepsico COM 713448108 4261 110145.00SH
SOLE 110145.00
Pfizer COM 717081103 655 6010.00 SH
SOLE 6010.00
Philip Morris Company COM 718154107 1326 32990.00 SH
SOLE 32990.00
Powertel, Inc. COM 73936C109 243 8150.00 SH
SOLE 8150.00
Proctor and Gamble COM 742718109 2428 27210.00 SH
SOLE 27210.00
Provident Companies, Inc. COM 743862104 5321 133025.96SH
SOLE 133025.96
Providian Financial Corp. COM 74406A102 3521 37764.00 SH
SOLE 37764.00
Raytheon Company Class A COM 755111309 938 13617.00 SH
SOLE 13617.00
Raytheon Company Class B COM 755111408 1214 17220.00 SH
SOLE 17220.00
Reliance Group Holding COM 759464100 1692 227420.00SH
SOLE 227420.00
Republic Services Inc. Class A COM 760759100 1462 59061.00 SH
SOLE 59061.00
Roche Holdings Ltd. - Spons. A COM 771195104 272 2650.00 SH
SOLE 2650.00
Rock-Tenn Co. COM 772739207 1248 74805.00 SH
SOLE 74805.00
Royal Dutch Petroleum NY Rg Pa COM 780257804 1892 31395.00 SH
SOLE 31395.00
Ryder Systems, Inc. COM 783549108 946 36725.00 SH
SOLE 36725.00
SAP AG ADR COM 803054204 308 8905.00 SH
SOLE 8905.00
SBC Communications COM 78387G103 2802 48302.84 SH
SOLE 48302.84
Saks Incorporated COM 79377W108 1851 64095.00 SH
SOLE 64095.00
Schlumberger, Ltd. COM 806857108 2758 43309.00 SH
SOLE 43309.00
Segue Software, Inc. COM 815807102 578 78975.00 SH
SOLE 78975.00
Shaw Industries COM 820286102 1882 107554.48SH
SOLE 107554.48
Sonat, Inc. COM 835415100 948 28625.00 SH
SOLE 28625.00
Staples, Inc. COM 855030102 794 25713.00 SH
SOLE 25713.00
Sun Microsystems, Inc. COM 866810104 496 7200.00 SH
SOLE 7200.00
Sunrise Technologies Internati COM 86769L103 821 67035.00 SH
SOLE 67035.00
Suntrust Banks, Inc. COM 867914103 4439 63920.67 SH
SOLE 63920.67
Sylvan Learning Center COM 871399101 1315 48375.00 SH
SOLE 48375.00
Tandy COM 875382103 1103 22560.00 SH
SOLE 22560.00
Tapistron International, Inc. COM 876038100 29 168500.00SH
SOLE 168500.00
Tenet Healthcare COM 88033G100 3875 208750.00SH
SOLE 208750.00
Texas Instruments COM 882508104 288 2000.00 SH
SOLE 2000.00
The Gap COM 364760108 477 9470.00 SH
SOLE 9470.00
Tyco International, Ltd. COM 902124106 9560 100892.00SH
SOLE 100892.00
U S West, Inc. COM 91273H101 291 4954.62 SH
SOLE 4954.62
United Airlines COM 902549500 556 8601.00 SH
SOLE 8601.00
Unocal COM 915289102 1025 25855.00 SH
SOLE 25855.00
UnumProvident Corporation COM 91529Y106 234 4275.00 SH
SOLE 4275.00
Viacom Inc Cl B COM 925524308 462 10500.00 SH
SOLE 10500.00
Vodafone Airtouch PLC - Spons COM 92857T107 452 2296.50 SH
SOLE 2296.50
Vulcan Materials Corp. COM 929160109 4415 91505.00 SH
SOLE 91505.00
Wachovia Corp. COM 929771103 371 4331.00 SH
SOLE 4331.00
Walgreen Co. COM 931422109 670 22800.00 SH
SOLE 22800.00
Walt Disney COM 254687106 2417 78430.00 SH
SOLE 78430.00
Williams Companies Del COM 969457100 1166 27397.00 SH
SOLE 27397.00
Xerox Corp COM 984121103 301 5100.00 SH
SOLE 5100.00
Alliance Worldwide Privatizati MUF 01879X103 366 30933.35 SH
SOLE 30933.35
Franklin Mutual Beacon Fund - MUF 628380305 1176 77705.19 SH
SOLE 77705.19
Morgan Stanley Emerging Market MUF 61744G107 317 27124.00 SH
SOLE 27124.00
Templeton Emerging Markets Fun MUF 880191101 317 21300.00 SH
SOLE 21300.00
Continental Pacific Corp. 0 12000.00 SH
SOLE 12000.00
</TABLE>
