UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment: [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: BOSTON FINANCIAL MANAGEMENT
Address: 40 BROAD STREET
SUITE 1010
BOSTON, MA 02109
Form 13F File Number: 28-6656
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 Reporting Manager:
Name: RICHARD H. MORSE
Title: PRESIDENT
Phone: (617) 338-8108
Signature, Place, and Date of Signing:
RICHARD H. MORSE BOSTON, MASSACHUSETTS 8/12/99
- ------------------------------ -------------------- --------
Signature City, State Date
Report Type:
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 81
Form 13F Information Table Value Total: $220,574
List of Other Included Managers:
NONE
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FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- -------------------------------- -------- --------- -------- ---------------------- -------- ------------ --------------------------
TITLE CUSIP VALUE SHARES / SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS NUMBER (x$1000) PRINCIPAL AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- -------------------------------- -------- --------- -------- ------------- --- ---- -------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMERICAN TEL & TEL COMMON 001957109 537 10300 SH SOLE 10300
A T & T CORP CONVERT 001957AU3 575 600 PRN SOLE 600
ABBOTT LABS CONVERT 002824AH3 406 415 PRN SOLE 415
AMERICAN EXPRESS CO COMMON 025816109 2503 19000 SH SOLE 19000
AM GENERAL CORP CONVERT 026351AR7 890 900 PRN SOLE 900
AMERICAN INTL GROUP COMMON 026874107 2177 18750 SH SOLE 18750
ANHEUSER BUSCH CONVERT 035229BM4 701 700 PRN SOLE 700
ASSOCIATES CORP CONVERT 046003EP0 623 625 PRN SOLE 625
BANK BOSTON CONVERT 06606HD87 1823 1950 PRN SOLE 1950
BEAR STEARNS CO CONVERT 073902BH0 736 760 PRN SOLE 760
BEAR STEARNS CORP CONVERT 073902BJ6 727 750 PRN SOLE 750
BECTON DICKINSON COMMON 075887109 678 24700 SH SOLE 24700
BELL ATLANTIC CORP COMMON 077853109 205 3200 SH SOLE 3200
BRISTOL MYERS CO COMMON 110122108 658 9900 SH SOLE 9900
CIGNA CORP COMMON 125509109 706 8000 SH SOLE 8000
CARNIVAL CORP COMMON 143658102 2229 48000 SH SOLE 48000
CHASE MANHATTAN CORP COMMON 16161A108 1194 15500 SH SOLE 15500
CISCO SYSTEMS INC COMMON 17275R102 4237 68200 SH SOLE 68200
CITIGROUP INC COMMON 172967101 2382 53451 SH SOLE 53451
COMMERCIAL CREDIT CONVERT 201615DS7 1959 2000 PRN SOLE 2000
COMPAQ COMPUTER CORP COMMON 204493100 1350 56100 SH SOLE 56100
CONSECO INC COMMON 208464107 315 11000 SH SOLE 11000
CONSOLIDATED EDISON CONVERT 209111CH4 1226 1250 PRN SOLE 1250
WALT DISNEY CO CONVERT 25468PBA3 1704 1800 PRN SOLE 1800
DU PONT COMMON 263534109 535 7420 SH SOLE 7420
EMC CORP/MASS COMMON 268648102 399 6600 SH SOLE 6600
FDX CORPORATION COMMON 31304N107 1947 43500 SH SOLE 43500
FED HOME LOAN BANK DISC NOTE CONVERT 313384KMO 1048 1050 PRN SOLE 1050
FANNIE MAE COMMON 313586109 2502 36300 SH SOLE 36300
FNMA CONVERT 31359MEG4 2276 2425 PRN SOLE 2425
FIRST UNION CORP CONVERT 33738XAA5 783 790 PRN SOLE 790
FLORIDA POWER & LIGHT CONVERT 341081DR5 279 280 PRN SOLE 280
FORD MOTOR CREDIT CONVERT 345397NL3 1068 1075 PRN SOLE 1075
FORD MOTOR CREDIT CONVERT 345397SH7 1060 1110 PRN SOLE 1110
FORD MOTOR CREDIT CONVERT 345397SJ3 1464 1475 PRN SOLE 1475
FOX ENTERTAINMENT COMMON 35138T107 440 17700 SH SOLE 17700
GTE CORP COMMON 362320103 203 2750 SH SOLE 2750
GENERAL ELEC CO COMMON 369604103 1373 12600 SH SOLE 12600
GENERAL INSTRUMENT COMMON 370120107 2296 50600 SH SOLE 50600
GMAC CONVERT 3704248C0 781 800 PRN SOLE 800
GMAC CONVERT 370424MF7 2183 2205 PRN SOLE 2205
GLOBAL MARINE INC COMMON 379352404 599 36000 SH SOLE 36000
GUIDANT CORP COMMON 401698105 919 15700 SH SOLE 15700
HEWLETT PACKARD CO COMMON 428236103 3015 28802 SH SOLE 28802
HOMESTAKE MNG CO COMMON 437614100 160 20000 SH SOLE 20000
HOUSEHOLD FIN CO CONVERT 441812FN9 1010 1010 PRN SOLE 1010
INFINITY BROADCSTG COMMON 45662S102 575 20800 SH SOLE 20800
IBM CORP CONVERT 459200AQ4 1651 1700 PRN SOLE 1700
LILLY ELI & CO COMMON 532457108 558 8500 SH SOLE 8500
WORLDCOM INC COMMON 55268B106 503 6100 SH SOLE 6100
MASS ST G/O RFD SERC CONVERT 5758232T5 200 200 PRN SOLE 200
MEDTRONIC INC COMMON 585055106 404 5600 SH SOLE 5600
MERCK & CO INC COMMON 589331107 548 8100 SH SOLE 8100
MERRILL LYNCH CONVERT 590188FP8 999 1000 PRN SOLE 1000
MERRILL LYNCH CONVERT 590188HQ4 736 750 PRN SOLE 750
MICROSOFT CORP COMMON 594918104 240 2800 SH SOLE 2800
MILLENNIUM PHARMACEUTICALS COMMON 599902103 750 12000 SH SOLE 12000
MORGAN STANLEY DWD COMMON 617446448 451 5000 SH SOLE 5000
MOTOROLA INC COMMON 620076109 2044 22402 SH SOLE 22402
NATIONSBANK CORP BACS CONVERT 638585AH2 224 225 PRN SOLE 225
PFIZER INC COMMON 717081103 114071 3367403 SH SOLE 3367403
QUAKER OATS CO COMMON 747402105 476 7000 SH SOLE 7000
HENRY SCHEIN INC COMMON 806407102 348 15800 SH SOLE 15800
SEARS ROEBUCK CONVERT 812404BC4 1731 1775 PRN SOLE 1775
SHAWMUT BANK CONVERT 82047LAA4 533 500 PRN SOLE 500
SOUTHTRUST BANK AL CONVERT 8447HBAB8 959 1000 PRN SOLE 1000
STAPLES INC COMMON 855030102 2852 98762 SH SOLE 98762
TEXAS INSTRS INC COMMON 882508104 1066 7400 SH SOLE 7400
U S T NOTE CONVERT 9128272E1 3001 2975 PRN SOLE 2975
U S T NOTE CONVERT 9128273X8 6514 6750 PRN SOLE 6750
U S T NOTE CONVERT 9128273Z3 1517 1535 PRN SOLE 1535
U S T NOTE CONVERT 9128274K5 2704 2750 PRN SOLE 2750
U S T NOTE CONVERT 9128275F5 1954 2000 PRN SOLE 2000
U S T NOTE CONVERT 912827X64 232 230 PRN SOLE 230
U S T NOTE CONVERT 912827Y89 9968 9965 PRN SOLE 9965
U S WEST CAPITAL CONVERT 912912AM4 294 300 PRN SOLE 300
WACHOVIA CORP CONVERT 929771AD5 1146 1160 PRN SOLE 1160
WENDYS INTL INC COMMON 950590109 2979 101400 SH SOLE 101400
WEYERHAEUSER CO COMMON 962166104 233 3600 SH SOLE 3600
XEROX CORP COMMON 984121103 1232 25200 SH SOLE 25200
1 ST IPSWICH BANCORP COMMON FBIP 0 17361 SH SOLE 17361
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