UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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 (Check only one): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: Jacobs and Company
Address: 595 Market Street
Suite 1140
San Francisco, CA 94105
13F File Number: 28-6710
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, correcty 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 mangaer:
Name: Matt Jacobson
Title: Partner
Phone: 415-777-1617
Signature, place, and date of signing:
Matt Jacobson San Francisco, CA April 30, 1999
Report type (check only one):
[X] 13F Holding Report
[ ] 13F Notice
[ ] 13F Combination Report
List of other managers reporting for this manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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Form 13F SUMMARY PAGE
Report Summary:
Number of other included managers: 0
Form 13F information table entry total:
Form 13F information table value total:
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Form 13F Informatio
Value Shares SH/ InvstOther Voting Authority
Name of Issuer Title of ClasCUSIP (x$1,000) Prn Amt PRN DscreManager(a) Sole(b) S(c) None
Abbott Laboratories COM 002824 10 0 3,897 83,750PRN 20,000 0 0
Air Express Intl CorpCOM 009104 10 0 569 37,635PRN 9,000 0 0
Air Touch CommunicatiCOM 00949T 10 0 2,246 23,244PRN 0 0 0
Airtouch, Preferred PFD C 4.25% 00949T 30 8 2,468 18,350PRN 4,800 0 0
Albertsons COM 013104 10 4 640 11,760PRN 0 0 0
American Greetings CL A 026375 10 5 813 32,035PRN 6,000 0 0
American Home ProductCOM 026609 10 7 5,987 91,759PRN 17,200 0 0
Ameritech COM 030954 10 1 969 16,820PRN 0 0 0
Anheuser Busch COM 035229 10 3 4,648 61,060PRN 13,410 0 0
Ascend CommunicationsCOM 043491 10 9 958 11,450PRN 800 0 0
AT&T COM 001957 10 9 3,970 49,745PRN 11,060 0 0
AT&T Liberty Media GrCOM 001957 20 8 1,479 28,129PRN 0 0 0
Atlantic Richfield CoCOM 048825 10 3 1,937 26,491PRN 5,160 0 0
Atrix Labs Inc COM 04962L 10 1 113 10,000PRN 0 0 0
Auto Data Processing COM 053015 10 3 1,166 28,184PRN 18,000 0 0
Avnet Inc COM 053807 10 3 963 26,193PRN 7,000 0 0
Baker Hughes COM 057224 10 7 204 8,400PRN 0 0 0
Baxter International COM 071813 10 9 2,568 38,913PRN 3,757 0 0
Becton Dickinson & CoCOM 075887 10 9 3,417 89,191PRN 16,000 0 0
Bell Atlantic Corp COM 077853 10 9 2,465 47,684PRN 13,750 0 0
Bell South COM 079860 10 2 1,398 34,900PRN 8,000 0 0
Bestfoods COM 08658U 10 1 1,398 29,750PRN 9,000 0 0
Boeing COM 097023 10 5 2,041 60,037PRN 8,150 0 0
Bristol Myers Squibb COM 110122 10 8 6,022 93,906PRN 12,700 0 0
BP Amoco AMERN SH 110889 40 9 3,331 32,984PRN 18,315 0 0
Cadbury Schweppes PLCADR 127209 30 2 1,431 24,644PRN 4,545 0 0
Cardinal Health Inc. COM 14149y 10 8 1,296 19,632PRN 5,603 0 0
Chevron COM 166751 10 7 1,037 11,688PRN 0 0 0
Chiron Corp COM 170040 10 9 320 14,583PRN 616 0 0
Cisco Systems COM 17275R 10 2 2,904 26,509PRN 6,750 0 0
Citigroup Inc. COM 172967 10 1 207 3,244PRN 0 0 0
Coca Cola Company COM 191216 10 0 974 15,863PRN 0 0 0
Compaq COM 204493 10 3 555 17,525PRN 0 0 0
Corning Inc COM 219350 10 5 3,277 54,617PRN 8,100 0 0
Costco Companies Inc.COM 22160Q 10 2 2,221 24,259PRN 0 0 0
Crown Cork & Seal COM 228255 10 5 383 13,408PRN 0 0 0
Crown Cork & Seal PfdPFD CV 4.5% 228255 30 3 587 21,535PRN 3,000 0 0
CVS Corp. COM 126650 10 0 304 6,400PRN 6,400 0 0
Dayton-Hudson COM 239753 10 6 3,072 46,115PRN 9,000 0 0
Diebold Inc COM 253651 10 3 307 12,775PRN 0 0 0
Disney COM 254687 10 6 862 27,685PRN 1,710 0 0
Dorchester Hugoton DEPST RCPT 258205 20 2 101 10,000PRN 0 0 0
Dow Jones COM 260561 10 5 1,107 23,454PRN 6,200 0 0
Duke Energy COM 264399 10 6 323 5,883PRN 0 0 0
Dun & Bradstreet COM 26483B 10 6 206 5,785PRN 550 0 0
DuPont COM 263534 10 9 1,685 29,025PRN 6,900 0 0
Eastman Kodak COM 277461 10 9 2,728 42,709PRN 7,549 0 0
Electronic Data SysteCOM 285661 10 4 1,685 34,604PRN 4,927 0 0
Eli Lilly COM 532457 10 8 5,719 67,375PRN 12,200 0 0
Emerson Electric COM 291011 10 4 664 12,550PRN 0 0 0
Enron Corp COM 293561 10 6 780 12,150PRN 0 0 0
Exxon Corporation COM 302290 10 1 2,043 28,951PRN 4,800 0 0
Fred Meyer Inc COM 592907 10 9 1,005 17,076PRN 406 0 0
Gannett COM 364730 10 1 2,842 45,112PRN 5,400 0 0
Genentech COM SPL 368710 30 7 561 6,325PRN 325 0 0
General Electric COM 369604 10 3 2,296 20,758PRN 9,400 0 0
Genzyme Corporation COM 372917 10 4 221 4,375PRN 0 0 0
Golden West FinancialCOM 381317 10 6 392 4,100PRN 0 0 0
GTE COM 362320 10 3 1,334 22,053PRN 6,000 0 0
Hewlett-Packard CompaCOM 428236 10 3 3,768 55,565PRN 11,600 0 0
Hubbell Inc Class A CL A 443510 10 2 598 16,150PRN 1,100 0 0
Hubbell Inc Class B CL B 443510 20 1 1,069 26,728PRN 6,796 0 0
IMS Health Inc COM 449934 10 8 1,898 57,290PRN 8,100 0 0
Intel Corp COM 458140 10 0 6,407 53,895PRN 6,000 0 0
Intl Business MachineCOM 459200 10 1 6,788 38,296PRN 6,550 0 0
Jacobson Stores COM 469834 10 5 445 71,255PRN 0 0 0
Johnson & Johnson COM 478160 10 4 3,642 38,952PRN 9,600 0 0
Lee Enterprises COM 523768 10 9 1,019 35,150PRN 7,000 0 0
Longs Drug Stores COM 543162 10 1 638 20,975PRN 6,000 0 0
Lucent Technologies COM 549463 10 7 1,363 12,618PRN 3,758 0 0
M D C Holding COM 552676 10 8 375 26,100PRN 0 0 0
Masco Corp COM 574599 10 6 3,367 119,190PRN 18,000 0 0
May Department StoresCOM 577778 10 3 514 13,136PRN 1,050 0 0
Mc Cormick & Co COM NON VTG 579780 20 6 1,793 61,820PRN 13,600 0 0
McClatchy Newspapers CL A 579489 10 5 468 13,950PRN 0 0 0
MediaOne Group COM 58440J 10 4 1,253 19,758PRN 400 0 0
Merck COM 589331 10 7 2,499 31,186PRN 11,340 0 0
Millipore COM 601073 10 9 409 16,937PRN 5,500 0 0
Minnesota Mining COM 604059 10 5 941 13,305PRN 4,000 0 0
Motorola COM 620076 10 9 4,105 56,043PRN 12,600 0 0
New York Times Class CL A 650111 10 7 1,592 55,875PRN 2,000 0 0
Pepsico Inc COM 713448 10 8 4,438 113,240PRN 24,700 0 0
Pfizer Inc COM 717081 10 3 8,252 59,476PRN 11,800 0 0
Pharmacia & Upjohn COM 716941 10 9 581 9,315PRN 0 0 0
Philip Morris Cos COM 718154 10 7 1,386 39,383PRN 825 0 0
Procter & Gamble COM 742718 10 9 2,948 30,102PRN 5,800 0 0
Ralston Purina Group COM RAL-PUR G751277 30 2 1,706 63,931PRN 15,216 0 0
Rite Aid Corporation COM 767754 10 4 1,654 66,175PRN 10,000 0 0
Royal Dutch PetroleumNY REG GLD1.2780257 80 4 399 7,672PRN 0 0 0
S B C Communications COM 78387G 10 3 1,191 25,234PRN 1,200 0 0
Schering Plough Corp COM 806605 10 1 939 17,000PRN 0 0 0
Schlumberger COM 806857 10 8 2,258 37,510PRN 4,800 0 0
Seagram Ltd COM 811850 10 6 975 19,500PRN 0 0 0
Servicemaster COM 81760N 10 9 422 20,773PRN 0 0 0
Sigma Aldrich Corp COM 826552 10 1 804 27,500PRN 6,000 0 0
Snap On Tools COM 833034 10 1 2,904 100,140PRN 36,317 0 0
Sonat Incorporated COM 835415 10 0 807 26,905PRN 0 0 0
Southwestern Energy CCOM 845467 10 9 197 27,875PRN 0 0 0
Texaco COM 881694 10 3 816 14,376PRN 5,100 0 0
Time Warner IncorporaCOM 887315 10 9 3,550 50,128PRN 8,700 0 0
Tribune Co COM 896047 10 7 1,654 25,271PRN 6,000 0 0
U S T Inc COM 902911 10 6 882 33,775PRN 675 0 0
U S West COM 91273H 10 1 1,461 26,527PRN 4,510 0 0
Union Pacific Corp COM 907818 10 8 1,212 22,671PRN 3,200 0 0
Union Pacific ResourcCOM 907834 10 5 203 17,081PRN 169 0 0
Unocal COM 915289 10 2 490 13,283PRN 4,400 0 0
USA Networks COM 902984 10 3 204 5,700PRN 0 0 0
USX-Marathon Group COM 902905 82 7 360 13,090PRN 0 0 0
Warner Lambert CompanCOM 934488 10 7 4,129 62,325PRN 18,300 0 0
Wells Fargo & CompanyCOM 949740 10 4 1,281 36,528PRN 0 0 0
Alza Corp 5% 06 SUBDBCV 022615 AD 0 1,144 9,860PRN 1,000 0 0
Alza Corp 0% 14 SUB LYON 022615 AC 2 421 8,250PRN 3,500 0 0
Hilton Hotel 5% 06 SUB NT CONV 432848 AL 3 1,391 14,840PRN 3,000 0 0
Park Electrochem 5.5%SUBNT CV 700416 AB 6 1,393 16,100PRN 3,100 0 0
Phycor Inc 4.5% 03 SUB DB CV 71940F AB 6 360 6,200PRN 2,000 0 0
Seagram 0% 06 LYON CV 811845 AH 9 653 7,250PRN 3,800 0 0
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