JEROME SERVICES CORP LDC
13F-NT, 1999-11-12
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               UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                               FORM 13F COVER PAGE

      Report for the Calendar Year or Quarter Ended: September 30, 1999
      Check here if Amendment [ ]; Amendment Number:
            This Amendment (Check only one):
                  [ ] is a restatement.
                  [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:
      Name:                   Jerome Services Corp. LDC
      Address:                Kaya Flamboyan 9
                              Curacao, Netherlands Antilles
      Form 13F File Number:   28-6547

            The institutional investment manager filing this report and the
      attachment hereto 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 Reporting Manager:
      Name:       Steven Finkel
      Title:      Director
      Phone:      (212) 883-6333

Signature, Place and Date of Signing:
      /s/ Steven Finkel New York, New York            November 12, 1999

Report Type (Check only one):

      [_]   13F HOLDINGS REPORT. (Check here if all holdings of this reporting
            manager are reported in this report.)

      [X]   13F NOTICE (Check here if no holdings reported are in this report,
            and all holdings are reported by other reporting manager(s).)

      [_]   13F COMBINATION REPORT. (Check here if a portion of the holdings for
            this reporting manager are reported in this report and a portion are
            reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:
Form 13F File Number:   28-6106
Name:                   Kenneth Lipper


<PAGE>



ATTACHMENT

The Section 13(f) securities positions of Jerome Services Corp. LDC ("Jerome
Services") are reported on the Form 13F-HR report filed by its majority
shareholder, Kenneth Lipper ("K. Lipper"). As the majority shareholder of Jerome
Services, K. Lipper does not exercise direct investment discretion with respect
to any Section 13(f) securities over which Jerome Services may be deemed to
exercise investment discretion for the purpose of the reporting requirements
under Section 13(f) of the Securities Exchange Act of 1934, as amended, and the
rules promulgated thereunder. To the extent, however, that K. Lipper's ownership
interest in Jerome Services may give rise to a filing obligation on behalf of K.
Lipper under Section 13(f) and the regulations promulgated thereunder, the
information that Jerome Services is required to file by Section 13(f) and the
regulations promulgated thereunder is included in the Form 13F-HR report filed
by K. Lipper.




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