UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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 10/01/99
- ------------------------------ -------------------- --------
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: 75
Form 13F Information Table Value Total: $215,178
List of Other Included Managers:
NONE
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<TABLE>
<CAPTION>
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 216 4150 SH SOLE 4150
A T & T CORP CONVERT 001957AU3 671 700 PRN SOLE 700
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 2003 17250 SH SOLE 17250
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 623 22700 SH SOLE 22700
BELL ATLANTIC CORP COMMON 077853109 205 3200 SH SOLE 3200
BRISTOL MYERS CO COMMON 110122108 632 9500 SH SOLE 9500
CIGNA CORP COMMON 125509109 644 7300 SH SOLE 7300
CARNIVAL CORP COMMON 143658102 2183 47000 SH SOLE 47000
CISCO SYSTEMS INC COMMON 17275R102 4212 67800 SH SOLE 67800
CITIGROUP INC COMMON 172967101 2279 51151 SH SOLE 51151
COMMERCIAL CREDIT CONVERT 201615DS7 1959 2000 PRN SOLE 2000
COMPAQ COMPUTER CORP COMMON 204493100 1348 56000 SH SOLE 56000
CONSECO INC COMMON 208464107 286 10000 SH SOLE 10000
CONSOLIDATED EDISON CONVERT 209111CH4 1226 1250 PRN SOLE 1250
WALT DISNEY CO CONVERT 25468PBA3 1798 1900 PRN SOLE 1900
DU PONT COMMON 263534109 535 7420 SH SOLE 7420
EMC CORP/MASS COMMON 268648102 538 8900 SH SOLE 8900
FDX CORPORATION COMMON 31304N107 1956 43700 SH SOLE 43700
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 671 675 PRN SOLE 675
FORD MOTOR CREDIT CONVERT 345397SH7 1060 1110 PRN SOLE 1110
FORD MOTOR CREDIT CONVERT 345397SJ3 1589 1600 PRN SOLE 1600
GTE CORP COMMON 362320103 203 2750 SH SOLE 2750
GENERAL ELEC CO COMMON 369604103 1370 12568 SH SOLE 12568
GENERAL INSTRUMENT COMMON 370120107 1193 26300 SH SOLE 26300
GMAC CONVERT 3704248C0 293 300 PRN SOLE 300
GMAC CONVERT 370424MF7 1193 1205 PRN SOLE 1205
GLOBAL MARINE INC COMMON 379352404 590 35500 SH SOLE 35500
GUIDANT CORP COMMON 401698105 937 16000 SH SOLE 16000
HEWLETT PACKARD CO COMMON 428236103 2994 28601 SH SOLE 28601
HOUSEHOLD FIN CO CONVERT 441812FN9 500 500 PRN SOLE 500
INFINITY BROADCSTG COMMON 45662S102 544 19700 SH SOLE 19700
IBM CORP CONVERT 459200AQ4 1651 1700 PRN SOLE 1700
LILLY ELI & CO COMMON 532457108 493 7500 SH SOLE 7500
WORLDCOM INC COMMON 55268B106 578 7000 SH SOLE 7000
MEDTRONIC INC COMMON 585055106 382 5300 SH SOLE 5300
MERCK & CO INC COMMON 589331107 426 6300 SH SOLE 6300
MERRILL LYNCH CONVERT 590188FP8 310 310 PRN SOLE 310
MERRILL LYNCH CONVERT 590188HQ4 245 250 PRN SOLE 250
MICROSOFT CORP COMMON 594918104 240 2800 SH SOLE 2800
MORGAN STANLEY DWD COMMON 617446448 587 6500 SH SOLE 6500
MOTOROLA INC COMMON 620076109 1186 13002 SH SOLE 13002
NATIONSBANK CORP BACS CONVERT 638585AH2 224 225 PRN SOLE 225
PFIZER INC COMMON 717081103 114122 3368903 SH SOLE 3368903
QUAKER OATS CO COMMON 747402105 476 7000 SH SOLE 7000
SEARS ROEBUCK CONVERT 812404BC4 1829 1875 PRN SOLE 1875
SHAWMUT BANK CONVERT 82047LAA4 533 500 PRN SOLE 500
SOUTHTRUST BANK AL CONVERT 8447HBAB8 959 1000 PRN SOLE 1000
STAPLES INC COMMON 855030102 2827 97900 SH SOLE 97900
TEXAS INSTRS INC COMMON 882508104 2131 14800 SH SOLE 14800
TRIANGLE PHARMACEUTICALS INC COMMON 89589H104 0 13000 SH SOLE 13000
U S T NOTE CONVERT 9128272E1 3864 3830 PRN SOLE 3830
U S T NOTE CONVERT 9128273D2 1147 1140 PRN SOLE 1140
U S T NOTE CONVERT 9128273U4 4461 4455 PRN SOLE 4455
U S T NOTE CONVERT 9128273X8 8444 8750 PRN SOLE 8750
U S T NOTE CONVERT 9128273Z3 2684 2715 PRN SOLE 2715
U S T NOTE CONVERT 9128274K5 3072 3125 PRN SOLE 3125
U S T NOTE CONVERT 9128275F5 5863 6000 PRN SOLE 6000
U S T NOTE CONVERT 912827X64 232 230 PRN SOLE 230
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 2835 96500 SH SOLE 96500
XEROX CORP COMMON 984121103 1237 25300 SH SOLE 25300
1 ST IPSWICH BANCORP COMMON FBIP 0 17361 SH SOLE 17361
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