SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
NAME OF REPORTING MANAGER: WILLIAM A. LOWELL
Report for the Calendar Year or Quarter Ended: 03/31/99
Institutional Investment Manager: WILLIAM A. LOWELL
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION IN
THIS FORM AND THE ATTACHMENTS TO IT ARE TRUE, CORRECT AND COMPLETE, AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL PARTS
OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT ALL
UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND COMPLETE AS
PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
William A. Lowell, Member
(617)248-5000
Signature, Place and Date of Signing:
/s/ William A. Lowell
Boston, Massachusetts
5/10/99
Other Managers on Whose Behalf this Report is Filed:
None
Managers Reporting on Behalf of Reporting Manager:
None
REPORT SUMMARY:
Number of Other Included Managers: None
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Form 13F Information Table Entry Total: 220
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Form 13F Information Table Value Total: 329,316,000
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REPORT PTR289 3Y CHOATE HALL & STEWART SECURITIES AND EXCHANGE COMMISSION FORM 13-F
MANAGER (JMC) AS OF 03/31/99
INVESTMENT
MARKET DISCRETION VOTING AUTHORITY
VALUE SHS OR SH/ PUT/ SOLE SHR OTHER SOLE SHARED NONE
ISSUER AND TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL (A) (B) (C) (A) (B) (C)
------------------------- ----- -------- ---------------- --- --- --- ------ ------ -----
ABBOTT LABS COM 002824100 1038 22170 SH X 22170
ABBOTT LABS COM 002824100 8463 180775 SH X X 180775
AEGON NV ORD AMER REG 007924103 1062 11818 SH X X 11818
AIR PRODS & CHEMS INC COM 009158106 378 11050 SH X 11050
AIR PRODS & CHEMS INC COM 009158106 2117 61800 SH X X 61800
AIRTOUCH COMMUNICATIONS INC COM 00949T100 483 5000 SH X X 5000
AMERICAN EXPRESS CO COM 025816109 471 4000 SH X X 4000
AMERICAN GEN CORP COM 026351106 1352 19176 SH X X 19176
AMERICAN HOME PRODS CORP COM 026609107 3843 58900 SH X 58900
AMERICAN HOME PRODS CORP COM 026609107 5996 91900 SH X X 91900
AMERICAN INTL GROUP INC COM 026874107 2377 19702 SH X l9702
AMERICAN INTL GROUP INC COM 026874107 3655 30301 SH X X 30301
AMERITECH CORP NEW COM 030954101 2435 42264 SH X X 42264
AMGEN INC COM 031162100 2022 27000 SH X X 27000
AMOCO CORP COM 031905102 594 9925 SH X X 9925
ANHEUSER-BUSCH COS INC COM 035229103 1039 13650 SH X 13650
ANHEUSER-BUSCH COS INC COM 035229103 1523 20000 SH X X 20000
ATLANTIC RICHFIELD CO COM 048825103 120 1640 SH X 1640
ATLANTIC RICHFIELD CO COM 048825103 171 2344 SH X X 2344
AUTOMATIC DATA PROCESSING COM 053015103 3403 82237 SH X 82237
AUTOMATIC DATA PROCESSING COM 053015103 3920 94750 SH X X 94750
B P AMOCO P L C 055622104 2652 26261 SH X 26261
ADR SPONSORED
B P AMOCO P L C 055622104 1233 12209 SH X X 12209
ADR SPONSORED
BANC ONE CORP COM 059438101 959 24000 SH X X 24000
BANK NEW YORK INC COM 064057102 173 4800 SH X 4800
BANK NEW YORK INC COM 064057102 72 2000 SH X X 2000
BANKAMERICA CORP NEW 06605F102 706 10000 SH X X 10000
BANKBOSTON CORP COM 06605R106 456 10532 SH X X 10532
BAXTER INTL INC COM 071813109 85 1281 SH X 1281
BAXTER INTL INC COM 071813109 198 3000 SH X X 3000
BELL ATLANTIC CORP COM 077853109 1ll 2150 SH X 2150
BELL ATLANTIC CORP COM 077853109 1182 22866 SH X X 22866
BELLSOUTH CORP COM 079860102 803 20052 SH X 20052
BELLSOUTH CORP COM 079860102 2136 53320 SH X X 53320
BEMIS INC COM 081437105 85 2740 SH X 2740
BEMIS INC COM 081437105 195 6275 SH X X 6275
BERKSHIRE HATHAWAY INC DEL 084670108 214 3 SH X 3
CL A
BERKSHIRE HATHAWAY INC DEL 084670108 857 12 SH X X 12
CL A
BERKSHIRE HATHAWAY INC DEL CL B 084670207 1314 559 SH X 559
BERKSHIRE HATHAWAY INC DEL CL B 084670207 261 111 SH X X 104 7
BESTFOODS COM 08658U101 1604 34134 SH X 34134
BESTFOODS COM 08658U101 543 11550 SH X X 11550
BOEING CO COM 097023105 615 18075 SH X 18075
BOEING CO COM 097023105 41 1200 SH X X 1200
BRADLEY REAL ESTATE INC COM 104580105 198 11100 SH X 11100
BRADLEY REAL ESTATE INC COM 104580105 248 13872 SH X X 13872
BRISTOL MYERS SQUIBB CO COM 110122108 3032 47284 SH X 47284
BRISTOL MYERS SQUIBB CO COM 110122108 9794 152740 SH X X 152740
CAMPBELL SOUP CO COM 134429109 488 12000 SH X X 12000
CHEVRON CORP COM 166751107 1048 11808 SH X 11808
CHEVRON CORP COM 166751107 2399 27032 SH X X 27032
CISCO SYS INC COM 17275R102 33 300 SH X 300
CISCO SYS INC COM 17275R102 2136 19500 SH X X 19500
COCA COLA CO COM 191216100 1242 20244 SH X 20244
COCA COLA CO COM 191216100 1448 23600 SH X X 23600
COLGATE PALMOLIVE CO COM 194162103 2392 26000 SH X X 26000
CORNING INC COM 219350105 3768 62800 SH X X 62800
DISNEY WALT CO COM 254687106 19 600 SH X 600
DISNEY WALT CO COM 254687106 2269 72900 SH X X 72900
DOW CHEM CO COM 260543103 98 1051 SH X 1051
DOW CHEM CO COM 260543103 2013 21600 SH X X 21600
DU PONT E I DE NEMOURS & CO COM 263534109 1594 27454 SH X 27454
DU PONT E I DE NEMOURS & CO COM 263534109 5545 95504 SH X X 95504
DUN & BRADSTREET CORP DEL 26483B106 239 6700 SH X X 6700
EASTMAN KODAK CO COM 277461109 1000 15650 SH X X 15650
ELECTRONIC DATA SYS CORP NEW COM 285661104 455 9337 SH X 9337
ELECTRONIC DATA SYS CORP NEW COM 285661104 1443 29638 SH X X 29638
EMERSON ELEC CO COM 291011104 683 12900 SH X 12900
EMERSON ELEC CO COM 291011104 420 7930 SH X X 7930
EQUIFAX INC COM 294429105 326 9475 SH X 9475
EQUIFAX INC COM 294429105 260 7550 SH X X 7550
EQUITY OFFICE PPTYS TR COM 294741103 172 6773 SH X 6773
EQUITY OFFICE PPTYS TR COM 294741103 63 2485 SH X X 2485
EXXON CORP COM 302290101 5002 70880 SH X 70880
EXXON CORP COM 302290101 8484 120230 SH X X 120230
FPL GROUP INC COM 302571104 590 11084 SH X 11084
FPL GROUP INC COM 302571104 192 3600 SH X X 3600
FEDERAL NATL MTG ASSN COM 313586109 1253 18100 SH X 18100
FEDERAL NATL MTG ASSN COM 313586109 3296 47600 SH X X 47600
FIFTH THIRD BANCORP COM 316773100 297 4500 SH X 4500
FIFTH THIRD BANCORP COM 316773100 215 3263 SH X X 3263
FIRST DATA CORP COM 319963104 1411 33000 SH X X 33000
FRONTIER CORP COM 35906P105 2283 44000 SH X X 44000
GTE CORP COM 362320103 251 4146 SH X 4146
GTE CORP COM 362320103 261 4306 SH X X 4306
GANNETT INC COM 364730101 219 3480 SH X 3480
GARTNER GROUP INC NEW CL A 366651107 699 31000 SH X X 31,000
GENERAL ELEC CO COM 369604103 10600 95818 SH X 95818
GENERAL ELEC CO COM 369604103 33486 302696 SH X X 302696
GENERAL MILLS INC COM 370334104 742 9822 SH X 9822
GENERAL MILLS INC COM 370334104 805 10650 SH X X 10650
GILLETTE CO COM 375766102 300 5040 SH X 5040
GILLETTE CO COM 375766102 3025 50900 SH X X 50900
HALLIBURTON CO COM 406216101 270 7000 SH X X 7000
HEINZ H J CO COM 423074103 30 630 SH X 630
HEINZ H J CO COM 423074103 615 12990 SH X X 12990
HERCULES INC COM 427056106 429 17000 SH X X 17000
HEWLETT PACKARD CO COM 428236103 2164 31905 SH X 31905
HEWLETT PACKARD CO COM 428236103 1691 24930 SH X X 24930
I M S HEALTH INC 449934108 73 2200 SH X 2200
I M S HEALTH INC 449934108 2961 89400 SH X X 16400 73,000
ILLINOIS TOOL WORKS INC COM 452308109 388 6275 SH X 6275
ILLINOIS TOOL WORKS INC COM 452308109 285 4600 SH X X 4600
INGERSOLL RAND CO COM 456866102 1489 30000 SH X X 30000
INTEL CORP COM 458140100 2836 23855 SH X 23855
INTEL CORP COM 458140100 5423 45619 SH X X 45619
INTERNATIONAL BUSINESS MACHS COM 459200101 142 800 SH X 800
INTERNATIONAL BUSINESS MACHS COM 459200101 5140 29000 SH X X 29000
INTL FLAVORS & FRAGRANCES COM 459506101 103 2750 SH X 2750
INTL FLAVORS & FRAGRANCES COM 459506101 158 4200 SH X X 4200
INTERPUBLIC GROUP COS INC COM 460690100 1395 17912 SH X 17912
INTERPUBLIC GROUP COS INC COM 460690100 1211 15551 SH X X 15551
INVESTORS FINL SERVICES CORP COM 461915100 460 16000 SH X X 16000
IONICS INC COM 462218108 241 8000 SH X X 8000
JOHNSON & JOHNSON COM 478160104 472 5050 SH X 5050
JOHNSON & JOHNSON COM 478160104 3464 37045 SH X X 37045
KELLOGG CO COM 487836108 503 14870 SH X 14870
KELLOGG CO COM 487836108 0 0 SH X X
KIMBERLY CLARK CORP COM 494368103 14 288 SH X 288
KIMBERLY CLARK CORP COM 494368103 307 6400 SH X X 6400
LILLY ELI & CO COM 532457108 3427 40380 SH X 40380
LINEAR TECHNOLOGY CORP 535678106 1538 30000 SH X X 30000
LUCENT TECHNOLOGIES INC COM 549463107 38 350 SH X 350
LUCENT TECHNOLOGIES INC COM 549463107 1138 10540 SH X X 10540
MBIA INC COM 55262C100 35 600 SH X 600
MBIA INC COM 55262C100 179 3080 SH X X 3080
MBNA CORP COM 55262L100 1465 61371 SH X 61371
MBNA CORP COM 55262L100 1112 46556 SH X X 46556
MARSH & MC LENNAN COS INC COM 571748102 234 3150 SH X 3150
MARSH & MC LENNAN COS INC COM 571748102 490 6600 SH X X 6600
MCDONALDS CORP COM 580135101 18 400 SH X 400
MCDONALDS CORP COM 580135101 1391 30700 SH X X 700 30000
MCGRAW HILL COMPANIES INC 580645109 661 12128 SH X 12128
MEDTRONIC INC COM 585055106 396 5504 SH X 5504
MERCK & CO INC COM 589331107 5479 68380 SH X 68380
MERCK & CO INC COM 589331107 6376 79572 SH X X 79572
MICROSOFT CORP COM 594918104 2043 22800 SH X 22800
MICROSOFT CORP COM 594918104 6480 72300 SH X X 72300
MILLIPORE CORP COM 601073109 22 900 SH X 900
MILLIPORE CORP COM 601073109 386 16000 SH X X 16000
MINNESOTA MNG & MFG CO COM 604059105 986 13932 SH X 13932
MINNESOTA MNG & MFG CO COM 604059105 2358 33325 SH X X 33325
MOBIL CORP COM 607059102 674 7655 SH X 7655
MOBIL CORP COM 607059102 1646 18705 SH X X 18705
MOLEX INC CL A 608554200 260 10062 SH X 10062
MOLEX INC CL A 608554200 1468 56725 SH X X 56725
MONSANTO CO COM 611662107 1817 39560 SH X X 39560
MORGAN J P & CO INC COM 616880100 1379 11176 SH X 11176
MORGAN J P & CO INC COM 616880100 1784 14460 SH X X 14460
NALCO CHEM CO COM 629853102 372 14000 SH X X 14000
NATIONAL CITY CORP COM 635405103 199 3000 SH X 3000
NATIONAL CITY CORP COM 635405103 106 1600 SH X X 1600
NEWELL RUBBERMAID INC COM 651229106 812 17093 SH X 17093
NEWELL RUBBERMAID INC COM 651229106 224 4725 SH X X 4725
NORFOLK SOUTHN CORP COM 655844108 335 12718 SH X 12718
NORFOLK SOUTHN CORP COM 655844108 504 19120 SH X X 19120
PPG INDS INC COM 693506107 122 2376 SH X 2376
PPG INDS INC COM 693506107 195 3797 SH X X 3797
PALL CORP COM 696429307 563 34000 SH X X 34000
PAYCHEX INC COM 704326107 806 17000 SH X X 17000
PEPSICO INC COM 713448108 1421 36260 SH X 36260
PEPSICO INC COM 713448108 4754 121300 SH X X 121300
PFIZER INC COM 717081103 1760 12688 SH X 12688
PFIZER INC COM 717081103 2518 18150 SH X X 18150
PHILIP MORRIS COS INC COM 718154107 623 17700 SH X 17700
PHILIP MORRIS COS INC COM 718154107 1035 29400 SH X X 29400
PROCTER & GAMBLE CO COM 742718109 4082 41684 SH X 41684
PROCTER & GAMBLE CO COM 742718109 8024 81930 SH X X 81930
PROVIDIAN FINL CORP COM 74406A102 2244 20400 SH X X 20400
RAYTHEON CO CL B 755111408 264 4500 SH X 4500
RAYTHEON CO CL B 755111408 0 0 SH X X 0
REGIONS FINL CORP COM 758940100 866 25000 SH X X 25000
REUTERS GROUP PLC SPONSORED ADR 76132M102 354 4074 SH X 4074
REUTERS GROUP PLC SPONSORED ADR 76132M102 811 9340 SH X X 9340
ROYAL DUTCH PETE CO N Y REGISTRY SH 780257804 351 6750 SH X 6750
PAR N GLDR 1.25
ROYAL DUTCH PETE CO N Y REGISTRY SH 780257804 246 4725 SH X X 4725
PAR N GLDR 1.25
SBC COMMUNICATIONS INC COM 78387G103 260 5503 SH X 5503
SBC COMMUNICATIONS INC COM 78387G103 1972 41800 SH X X 41800
ST PAUL COS INC COM 792860108 522 16800 SH X X 16800
SARA LEE CORP COM 803111103 144 5800 SH X 5800
SARA LEE CORP COM 803111103 350 14160 SH X X 14160
SCHERING PLOUGH CORP COM 806605101 133 2400 SH X 2400
SCHERING PLOUGH CORP COM 806605101 3227 58400 SH X X 58400
SCHLUMBERGER, LTD COM 806857108 1360 22600 SH X X 22600
SERVICEMASTER CO COM 81760N109 923 45450 SH X 45450
SERVICEMASTER CO COM 8176ON109 588 28963 SH X X 28963
SHERWIN WILLIAMS CO COM 824348106 118 4200 SH X 4200
SHERWIN WILLIAMS CO COM 824348106 134 4750 SH X X 4750
SIGMA ALDRICH CORP COM 826552101 965 33000 SH X X 33000
SMITHKLINE BEECHAM P L C 832378301 248 3466 SH X 3466
ADR REPSTG ORD A
SMITHKLINE BEECHAM P L C 832378301 286 4000 SH X X 4000
ADR REPSTG ORD A
SPRINT CORP COM 852061100 3277 33400 SH X X 33400
STAPLES INC COM 855030102 1134 34500 SH X X 34500
STATE STR CORP COM 857477103 140 1700 SH X 1700
STATE STR CORP COM 857477103 658 8000 SH X X 2000 6000
STRYKER CORP COM 863667101 30 600 SH X 600
STRYKER CORP COM 863667101 605 12000 SH X X 12000
SYSCO CORP COM 871829107 1500 57000 SH X X 57000
T E C 0 ENERGY INC COM 872375100 235 11840 SH X 11840
T E C 0 ENERGY INC COM 872375100 12 600 SH X X 600
TEXACO INC COM 881694103 179 3162 SH X 3162
TEXACO INC COM 881694103 851 15000 SH X X 15000
TIME WARNER INC COM 887315109 708 10000 SH X X 10000
TORCHMARK CORP COM 891027104 161 5100 SH X 5100
TORCHMARK CORP COM 891027104 44 1400 SH X X 1400
TRANSATLANTIC HLDGS INC COM 893521104 67 888 SH X 888
TRANSATLANTIC HLDGS INC COM 893521104 171 2275 SH X X 2275
UNUM CORP COM 903192102 247 5200 SH X 5200
UNION PAC CORP COM 907818108 1336 25000 SH X X 25000
UNITED TECHNOLOGIES CORP COM 913017109 3142 23200 SH X X 23200
WACHOVIA CORP NEW COM 929771103 1441 17745 SH X 17745
WACHOVIA CORP NEW COM 929771103 863 10635 SH X X 10635
WAL MART STORES INC COM 931142103 3688 40000 SH X X 40000
WALGREEN CO COM 931422109 1764 62456 SH X 62456
WALGREEN CO COM 931422109 1757 62200 SH X X 62200
WASHINGTON TR BANCORP INC 940610108 1009 58941 SH X X 58941
WEINGARTEN RLTY INVS SH BEN INT 948741103 259 6525 SH X 6525
WEINGARTEN RLTY INVS SH BEN INT 948741103 234 5900 SH X X 5900
WISCONSIN ENERGY CORP COM 976657106 77 2970 SH X 2970
WISCONSIN ENERGY CORP COM 976657106 169 6500 SH X X 6500
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REPORT SUMMARY 220 DATA RECORDS 329,316 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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