UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/99
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: MURPHY CAPITAL MANAGEMENT, INC.
JOHN J. MURPHY, PRESIDENT
Address: 60 WEST RIDGEWOOD AVENUE, RIDGEWOOD, N.J. 07450
Form 13F File Number: 28-6814
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: JOHN J. MURPHY
Title: PRESIDENT
Phone: 201-445-8366
Signature, Place, and Date of Signing:
/s/ John J. Murphy Ridgewood, N.J. 4/22/99
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 150
Form 13F Information Table Value Total (thousands): $224,452
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
<PAGE>
<TABLE>
<CAPTION>
Form 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
- - ----------- ---------------- --------- -------- ------------------ ---------- -------- ---------------------
VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000)* PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
- - ------------------------ ---------------- --------- -------- ------- --- ---- ---------- -------- ---- ------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A D C TELECOMMUNICATIONS COMMON 000886101 289 6050 SH SOLE 1 0 0 6050
AFLAC INC COMMON 001055102 8355 153486 SH SOLE 1 0 0 153486
AMLI RESIDENTIAL PPTYS T SH BEN INT 001735109 206 10000 SH SOLE 1 0 0 10000
AT&T CORP COMMON 001957109 5674 71092 SH SOLE 1 700 0 70392
AIRTOUCH COMMUNICATNS COMMON 00949T100 427 4416 SH SOLE 1 0 0 4416
ALCOA INC COMMON 013817101 297 7200 SH SOLE 1 1500 0 5700
AMERICA ONLINE INC DEL COMMON 02364J104 4546 30925 SH SOLE 1 800 0 30125
AMERICAN EXPRESS CO COMMON 025816109 3644 30945 SH SOLE 1 750 0 30195
AMERICAN EXPRESS CO CALL OPT JAN00 7 02581C9A6 1211 10000 SH CALL SOLE 1 0 0 10000
AMERICAN HOME PRODS CORP COMMON 026609107 2774 42512 SH SOLE 1 0 0 42512
AMERICAN INTL GROUP INC COMMON 026874107 2600 21552 SH SOLE 1 0 0 21552
A T & T CORP CALL OPT JAN00 5 0301799A5 411 5000 SH CALL SOLE 1 0 0 5000
AMSOUTH BANCORPORATION COMMON 032165102 360 7912 SH SOLE 1 0 0 7912
APARTMENT INVT & MGMT CO CL A 03748R101 373 10300 SH SOLE 1 0 0 10300
AT HOME CORP COM SER A 045919107 831 5275 SH SOLE 1 0 0 5275
ATLANTIC RICHFIELD CO COMMON 048825103 526 7195 SH SOLE 1 0 0 7195
AUTOSPA CORP COMMON 053322103 0 90500 SH SOLE 1 0 0 90500
BP AMOCO P L C DEPOSITORY RECEI 055622104 359 3557 SH SOLE 1 0 0 3557
BANK NEW YORK INC COMMON 064057102 462 12850 SH SOLE 1 0 0 12850
BARCLAYS PLC DEPOSITORY RECEI 06738E204 289 2528 SH SOLE 1 0 0 2528
BECTON DICKINSON & CO COMMON 075887109 1308 34130 SH SOLE 1 0 0 34130
BELL ATLANTIC CORP COMMON 077853109 1443 27925 SH SOLE 1 0 0 27925
BELLSOUTH CORP COMMON 079860102 557 13896 SH SOLE 1 0 0 13896
BESTFOODS COMMON 08658U101 985 20950 SH SOLE 1 0 0 20950
BIOGEN INC CALL OPT JAN00 5 0909499A8 1174 10000 SH CALL SOLE 1 0 0 10000
BOEING CO COMMON 097023105 941 27676 SH SOLE 1 700 0 26976
BRISTOL MYERS SQUIBB CO COMMON 110122108 1348 21025 SH SOLE 1 0 0 21025
CBS CORP COMMON 12490K107 465 11400 SH SOLE 1 0 0 11400
CMGI INC COMMON 125750109 1419 7750 SH SOLE 1 0 0 7750
CAMPBELL SOUP CO COMMON 134429109 208 5100 SH SOLE 1 0 0 5100
CELSION CORPORATION COMMON 15117N107 15 20000 SH SOLE 1 0 0 20000
CHANCELLOR MEDIA CORP COMMON 158915108 839 17800 SH SOLE 1 0 0 17800
CHASE MANHATTAN CORP NEW COMMON 16161A108 973 11955 SH SOLE 1 0 0 11955
CHEVRON CORPORATION COMMON 166751107 879 9907 SH SOLE 1 700 0 9207
CHUBB CORP COMMON 171232101 389 6650 SH SOLE 1 0 0 6650
CISCO SYSTEMS INC CALL OPT JAN00 6 17275P9A6 1029 9000 SH CALL SOLE 1 0 0 9000
CISCO SYS INC COMMON 17275R102 8900 81235 SH SOLE 1 700 0 80535
CITIGROUP INC COMMON 172967101 5458 85452 SH SOLE 1 725 0 84727
COCA COLA CO COMMON 191216100 4126 67225 SH SOLE 1 750 0 66475
COLGATE-PALMOLIVE CO COMMON 194162103 1242 13505 SH SOLE 1 0 0 13505
COLGATE-PALMOLIVE CO CALL OPT JAN00 6 1941649A9 1045 11000 SH CALL SOLE 1 0 0 11000
AMERICA ONLINE INC CALL OPT JAN00 5 19799W9A4 1286 8600 SH CALL SOLE 1 0 0 8600
COMPAQ COMPUTER CORP COMMON 204493100 273 8600 SH SOLE 1 0 0 8600
COMPUTER SCIENCES CORP COMMON 205363104 873 15825 SH SOLE 1 0 0 15825
CONCENTRIC NETWORK CORP COMMON 20589R107 209 2800 SH SOLE 1 0 0 2800
CORNING INC COMMON 219350105 1242 20700 SH SOLE 1 0 0 20700
DISNEY WALT COMPANY COMMON 254687106 3744 120298 SH SOLE 1 700 0 119598
DOMINION RES INC VA COMMON 257470104 231 6242 SH SOLE 1 0 0 6242
DU PONT E I DE NEMOURS & COMMON 263534109 1440 24800 SH SOLE 1 600 0 24200
DUKE ENERGY CORP COMMON 264399106 282 5150 SH SOLE 1 0 0 5150
EASTMAN KODAK CO COMMON 277461109 268 4200 SH SOLE 1 700 0 3500
EMERSON ELEC CO COMMON 291011104 606 11440 SH SOLE 1 0 0 11440
ENTREMED INC COMMON 29382F103 230 10900 SH SOLE 1 0 0 10900
ERICSSON L M TEL CO DEPOSITORY RECEI 294821400 526 22100 SH SOLE 1 0 0 22100
EXXON CORP COMMON 302290101 4321 61237 SH SOLE 1 700 0 60537
FDX CORP COMMON 31304N107 1535 16500 SH SOLE 1 0 0 16500
FDX CORP CALL OPT JAN00 5 3133109A4 958 10000 SH CALL SOLE 1 0 0 10000
FIRST UN CORP COMMON 337358105 225 4210 SH SOLE 1 0 0 4210
GTE CORP COMMON 362320103 1361 22504 SH SOLE 1 0 0 22504
GENERAL ELEC CO COMMON 369604103 17852 161374 SH SOLE 1 800 0 160574
GENERAL ELECTRIC CO CALL OPT JAN00 7 3696069A8 1140 10000 SH CALL SOLE 1 0 0 10000
GENERAL MTRS CORP COMMON 370442105 963 11070 SH SOLE 1 700 0 10370
GENERAL MTRS CL H CL H NEW 370442832 325 6450 SH SOLE 1 0 0 6450
GILLETTE CO COMMON 375766102 3471 58395 SH SOLE 1 800 0 57595
HALLIBURTON CO COMMON 406216101 352 9150 SH SOLE 1 0 0 9150
HEWLETT PACKARD CO COMMON 428236103 368 5426 SH SOLE 1 650 0 4776
HOME DEPOT INC COMMON 437076102 1071 17200 SH SOLE 1 0 0 17200
DOUBLECLICK INC CALL OPT MAY 12 43799W9E6 377 2000 SH CALL SOLE 1 0 0 2000
HONEYWELL INC COMMON 438506107 561 7400 SH SOLE 1 0 0 7400
INTEL CORP COMMON 458140100 5801 48795 SH SOLE 1 450 0 48345
INTEL CORP CALL OPT JAN00 8 45814C9A4 1007 8000 SH CALL SOLE 1 0 0 8000
INTERNATIONAL BUS MACH COMMON 459200101 6936 39130 SH SOLE 1 700 0 38430
INTERNATIONAL BUS MACH CALL OPT JAN0012 4592029A7 924 5000 SH CALL SOLE 1 0 0 5000
INTERNATIONAL PAPER CO COMMON 460146103 277 6575 SH SOLE 1 750 0 5825
JOHNSON & JOHNSON COMMON 478160104 5175 55346 SH SOLE 1 650 0 54696
KEYSPAN ENERGY COMMON 49337K106 279 11100 SH SOLE 1 0 0 11100
KIMBERLY CLARK CORP COMMON 494368103 689 14365 SH SOLE 1 0 0 14365
KONINKLIJKE PHILIPS ELEC DEPOSITORY RECEI 500472105 2844 34500 SH SOLE 1 0 0 34500
LAKEHEAD PIPE LINE PARTN COM UNIT-CL A 511557100 225 5000 SH SOLE 1 0 0 5000
LAUDER ESTEE AUTOMATIC C TRACES 6.2% 518437207 968 12175 SOLE 1 0 0 12175
LEXMARK INTL GROUP INC CL A 529771107 1440 12875 SH SOLE 1 0 0 12875
LILLY ELI & CO COMMON 532457108 1912 22530 SH SOLE 1 200 0 22330
LUCENT TECHNOLOGIES INC COMMON 549463107 4068 37664 SH SOLE 1 0 0 37664
LUCENT TECHNOLOGIES CALL OPT JAN00 7 5494649A5 456 4000 SH CALL SOLE 1 0 0 4000
MCI WORLDCOM INC COMMON 55268B106 956 10800 SH SOLE 1 0 0 10800
MCDONALDS CORP COMMON 580135101 983 21700 SH SOLE 1 1400 0 20300
MEDTRONIC INC COMMON 585055106 1290 17950 SH SOLE 1 0 0 17950
MERCK & CO INC COMMON 589331107 5135 64090 SH SOLE 1 1300 0 62790
MERCK & CO INC CALL OPT JAN00 5 5893339A3 494 6000 SH CALL SOLE 1 0 0 6000
MICROSOFT CORP COMMON 594918104 6331 70640 SH SOLE 1 900 0 69740
MICROSOFT CORP PFD A CV EXCH 594918203 202 2050 SH SOLE 1 0 0 2050
MID-AMER APT CMNTYS INC COMMON 59522J103 257 12000 SH SOLE 1 0 0 12000
MIDAMERICAN ENERGY HLDGS COMMON 595920109 419 15500 SH SOLE 1 0 0 15500
MINNESOTA MNG & MFG CO COMMON 604059105 969 13695 SH SOLE 1 750 0 12945
MOBIL CORP COMMON 607059102 1065 12100 SH SOLE 1 0 0 12100
MONSANTO CO COMMON 611662107 356 7750 SH SOLE 1 0 0 7750
MORGAN J P & CO INC COMMON 616880100 2485 20140 SH SOLE 1 750 0 19390
MOTOROLA INC COMMON 620076109 802 10950 SH SOLE 1 0 0 10950
MOTOROLA INC CALLOPT JAN00 5 6200789A5 1001 13000 SH CALL SOLE 1 0 0 13000
NCR CORP NEW COMMON 62886E108 275 5500 SH SOLE 1 0 0 5500
NESTLE S A DEPOSITORY RECEI 641069406 1842 20283 SH SOLE 1 0 0 20283
AMAZON COM INC CALL OPT JAN0010 64299W9A5 372 2000 SH CALL SOLE 1 0 0 2000
NEW JERSEY ECONOMIC DEV INCM BD 7.6% 29 645915208 227 8800 SOLE 1 0 0 8800
NOKIA CORP DEPOSITORY RECEI 654902204 382 2450 SH SOLE 1 0 0 2450
NOVARTIS A G DEPOSITORY RECEI 66987V109 1128 13907 SH SOLE 1 0 0 13907
PEPSICO INC COMMON 713448108 977 24941 SH SOLE 1 0 0 24941
PETROLEUM GEO-SVCS A/S DEPOSITORY RECEI 716597109 153 10000 SH SOLE 1 0 0 10000
PFIZER INC COMMON 717081103 3179 22911 SH SOLE 1 0 0 22911
PFIZER INC CALL OPT JAN00 9 7170839A9 1515 10500 SH CALL SOLE 1 0 0 10500
PHILIP MORRIS COS COMMON 718154107 745 21181 SH SOLE 1 650 0 20531
POST PPTYS INC COMMON 737464107 248 6850 SH SOLE 1 0 0 6850
PROCTER & GAMBLE CO COMMON 742718109 4965 50697 SH SOLE 1 700 0 49997
PROGRESSIVE CORP OHIO COMMON 743315103 1535 10700 SH SOLE 1 0 0 10700
QLOGIC CORP COMMON 747277101 262 3900 SH SOLE 1 0 0 3900
QUALCOMM INC COMMON 747525103 236 1900 SH SOLE 1 0 0 1900
ROCHE HLDG LTD DEPOSITORY RECEI 771195104 262 2150 SH SOLE 1 200 0 1950
ROYAL DUTCH PETE CO DEPOSITORY RECEI 780257804 880 16932 SH SOLE 1 0 0 16932
SBC COMMUNICATIONS INC COMMON 78387G103 461 9779 SH SOLE 1 0 0 9779
SCHERING PLOUGH CORP COMMON 806605101 4008 72550 SH SOLE 1 0 0 72550
SCHLUMBERGER LTD COMMON 806857108 1860 30911 SH SOLE 1 0 0 30911
SHELL TRANS & TRADING PL DEPOSITORY RECEI 822703609 754 18550 SH SOLE 1 0 0 18550
SMITHKLINE BEECHAM PLC DEPOSITORY RECEI 832378301 705 9854 SH SOLE 1 0 0 9854
SONY CORP DEPOSITORY RECEI 835699307 523 5725 SH SOLE 1 0 0 5725
SPRINT CORP FON GROUP COM FON GROUP 852061100 653 6650 SH SOLE 1 0 0 6650
STATE STR CORP COMMON 857477103 602 7325 SH SOLE 1 0 0 7325
STMICROELECTRONICS N V COMMON 861012102 379 3900 SH SOLE 1 0 0 3900
SUMMIT BANCORP COMMON 866005101 403 10335 SH SOLE 1 0 0 10335
SUN MICROSYSTEMS INC COMMON 866810104 6547 52350 SH SOLE 1 650 0 51700
SUN MICROSYSTEMS INC CALL OPT JAN01 7 8668129A0 724 5200 SH CALL SOLE 1 0 0 5200
TELIGENT INC CL A 87959Y103 1430 34350 SH SOLE 1 0 0 34350
TELLABS INC COMMON 879664100 288 2950 SH SOLE 1 0 0 2950
TENNESSEE VALLEY AUTH PARRS D 2028 880591300 250 10000 SOLE 1 0 0 10000
TERADYNE INC COMMON 880770102 214 3925 SH SOLE 1 0 0 3925
TEXACO INC COMMON 881694103 793 13970 SH SOLE 1 0 0 13970
TEXAS INSTRS INC COMMON 882508104 1407 14175 SH SOLE 1 0 0 14175
TEXTRON INC COMMON 883203101 538 6950 SH SOLE 1 0 0 6950
TIME WARNER INC COMMON 887315109 3039 42911 SH SOLE 1 0 0 42911
TIME WARNER INC CALL OPT JAN00 4 88731M9A2 796 11000 SH CALL SOLE 1 0 0 11000
ULTRAFEM INC COMMON 903896108 0 10000 SH SOLE 1 0 0 10000
UNILEVER PLC DEPOSITORY RECEI 904767605 464 12550 SH SOLE 1 0 0 12550
UNITED STATES CELLULAR C COMMON 911684108 1271 28875 SH SOLE 1 0 0 28875
UNITED TECHNOLOGIES CORP COMMON 913017109 1056 7800 SH SOLE 1 650 0 7150
VALASSIS COMMUNICATNS COMMON 918866104 336 6500 SH SOLE 1 0 0 6500
WAL MART STORES INC COMMON 931142103 512 5550 SH SOLE 1 550 0 5000
WALGREEN CO COMMON 931422109 431 15250 SH SOLE 1 0 0 15250
WARNER LAMBERT CO COMMON 934488107 209 3150 SH SOLE 1 0 0 3150
XILINX INC COMMON 983919101 223 5500 SH SOLE 1 0 0 5500
XEROX CORP COMMON 984121103 2659 51020 SH SOLE 1 0 0 51020
YAHOO INC COMMON 984332106 660 3920 SH SOLE 1 0 0 3920
DAIMLERCHRYSLER AG ORD D1668R123 846 9856 SH SOLE 1 0 0 9856
</TABLE>
*Pursuant to Special Instruction iii to Form 13F, the Manager has calculated the
values of the above referenced options in response to this Item 4 based upon
the values of their respective underlying securities. Such values do not
reflect, and are greater than, the values of the options themselves as shown in
the books and records of the Manager.
