UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarterly Ended: March 31, 1999
Check here is Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing This Report:
Name: M&R Capital Management, Inc.
Address: 525 Washington Blvd., Suite 2405
Jersey City, NJ 07310
13F File Number: 28-7056
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 Diver
Title: Vice President
Phone: 201-876-9777
Signature, Place and Date of Signing:
Richard Diver, Jersey City, NJ May 17, 1999
Report Type (Check only one):
[X] 13F HOLDINGS 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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 80
Form 13F Information Table Value Total: 138205
List of Other Included Managers:
No. 13F File Number Name
01 N/A N/A
<PAGE>
<TABLE>
<C> <C>
Form 13F Information Table
Value Shares/ SH/ Put/ Investment Other Voting Authority
Name of Issuer Title of Class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
AT&T COM 001957109 9362 117298 SH SOLE 117298
AT&T CORP LIBERTY MEDIA GROUP COM 1381 26310 SH SOLE 26310
ABBOTT LABORATORIES COM 002824100 253 5400 SH SOLE 5400
AMERICA ONLINE COM 02364J104 370 2518 SH SOLE 2518
AMERICAN HOME PRODUCTS CORP. COM 026609107 482 7381 SH SOLE 7381
AMERICAN INTERNATIONAL GROUP 1 COM 026874107 13534 112198 SH SOLE 112198
AMERITECH CORP NEW COM 030954101 443 7687 SH SOLE 7687
ASTORIA FINANCIAL CORP COM 046265104 234 4700 SH SOLE 4700
ATLANTIC RICHFIELD CO COM 048825103 1263 17268 SH SOLE 17268
BP AMOCO PLC SPONS ADR COM 628 6213 SH SOLE 6213
BANC ONE CORP COM 059438101 309 5610 SH SOLE 5610
BAXTER INTERNATIONAL INC. COM 071813109 238 3606 SH SOLE 3606
BELL ATLANTIC CORP COM 077853109 650 12576 SH SOLE 12576
BELLSOUTH CORP W/RTS TO PUR P COM 079860102 578 14427 SH SOLE 14427
BESTFOODS COM 08658U101 386 8208 SH SOLE 8208
BIOMATRIX INC COM 5515 70700 SH SOLE 70700
BRISTOL MYERS SQUIBB CO. COM 110122108 4500 70178 SH SOLE 70178
CIT GROUP INC COM 4927 161200 SH SOLE 161200
CAPSTEAD MORTGAGE CORP-$1.26C COM 184 15250 SH SOLE 15250
CHASE MANHATTAN CORP COM 16161A108 238 2921 SH SOLE 2921
CIFRA SA DE CV-SER C NEW PROVI COM 15 10000 SH SOLE 10000
CITIGROUP INC COM 173034109 240 3755 SH SOLE 3755
COCA COLA CO COM 191216100 433 7060 SH SOLE 7060
COLGATE PALMOLIVE CO COM 194162103 1025 11138 SH SOLE 11138
DEN NORSKE BANK A/S NOK NPV CI COM 1480 407800 SH SOLE 407800
DISNEY WALT (HOLDING CO) USD.0 COM 254687106 360 11572 SH SOLE 11572
DONNELYY R R & SONS CO COM 257867101 235 7297 SH SOLE 7297
EXXON CORP COM 302290101 851 12059 SH SOLE 12059
FLEET FINANCIAL GROUP INC NEW COM 338915101 233 6184 SH SOLE 6184
GTE CORP W/RTS TO PUR P/STK UN COM 362320103 726 12006 SH SOLE 12006
GENERAL ELECTRIC CO COM 369604103 1176 10628 SH SOLE 10628
GILLETTE CO. COM 375766102 1349 22703 SH SOLE 22703
GLAXO HOLDINGS PLC SPONSORED A COM 37733W105 229 3419 SH SOLE 3419
HARCOURT GENERAL INC. COM 41163G101 372 8400 SH SOLE 8400
HEALTH CARE PROPERTIES INV COM 2947 102500 SH SOLE 102500
HEWLETT PACKARD CO COM 428236103 5639 83150 SH SOLE 83150
HOME DEPOT INC COM 437076102 240 3848 SH SOLE 3848
HONG KONG & CHINA GAS CO COM 18 12544 SH SOLE 12544
INTEL COM 458140100 420 3532 SH SOLE 3532
INTL BUSINESS MACHINES CORP COM 459200101 1337 7541 SH SOLE 7541
JOHNSON & JOHNSON COM 478160104 7050 75398 SH SOLE 75398
LILLY ELI & CO COM 532457108 620 7300 SH SOLE 7300
LUCENT TECHNOLOGIES INC. COM 549463107 584 5407 SH SOLE 5407
MARRIOTT INTERNATIONAL INC. COM 571900109 4368 129900 SH SOLE 129900
MATTEL INC W/RTS TO PUR P/STK COM 577081102 2668 106988 SH SOLE 106988
MELLON BANK CORP COM 585509102 220 3128 SH SOLE 3128
MERCK & CO INC. COM 589331107 1343 16758 SH SOLE 16758
MODIS PROFESSIONAL SYSTEMS INC COM 1959 216150 SH SOLE 216150
NESTLE SA-SPONSORED ADR (SF 10 COM 2808 31200 SH SOLE 31200
NEWS CORP LTD-SPONSORED ADR COM 4225 153650 SH SOLE 153650
NOVARTIS AG-SPONDORED ADR COM 360 4464 SH SOLE 4464
OKLAHOMA GAS & ELECTRIC CO. W/ COM 670837103 239 10604 SH SOLE 10604
PNC FINANCIAL CORP COM 693475105 217 3900 SH SOLE 3900
PEPSICO INC. COM 713448108 4197 107090 SH SOLE 107090
PFIZER INC. COM 717081103 444 3200 SH SOLE 3200
PRESIDENTIAL LIFE CORP. COM 740884101 1084 60450 SH SOLE 60450
QUAKER OATS CO COM 747402105 237 3800 SH SOLE 3800
R & B FALCON CORP COM COM 74912E101 980 113582 SH SOLE 113582
ROCHE HLDG LTD-SPONSORED ADR COM 372 3050 SH SOLE 3050
ROWAN COMPANIES INC. COM 779382100 888 69950 SH SOLE 69950
SBC COMMUNICATIONS CORP COM 78387G103 424 8992 SH SOLE 8992
SLM HLDG CORP COM 78442A109 4323 103550 SH SOLE 103550
SPRINT CORP (PCS GROUP) COM 917 20694 SH SOLE 20694
SPRINT CORP. COM 852061100 3953 40290 SH SOLE 40290
STATE STREET BOSTON CORPORATION COM 857477103 7682 93400 SH SOLE 93400
STATEWIDE BANCORP NJ COM 0 10000 SH SOLE 10000
SUNTRUST BANKS INC COM 867914103 224 3600 SH SOLE 3600
TELEFONICA DE ESPANA SA ADR COM 879382208 1689 13222 SH SOLE 13222
THORNBURG MORTGAGE ASSET CORP COM 885218107 210 24300 SH SOLE 24300
TIME WARNER INC COM 887315109 4637 65485 SH SOLE 65485
TOKIA MARINE & FIRE INS CO LTD COM 2767 49350 SH SOLE 49350
TSINGTAO BREWERY LTD SER H CNY COM 1 10000 SH SOLE 10000
US WEST INC. COM 912889102 259 4707 SH SOLE 4707
UNION PLANTERS CORP COM 908068109 4766 108475 SH SOLE 108475
WM WRIGLEY JR CO COM 982526105 255 2820 SH SOLE 2820
WASHINGTON GAS LIGHT CO COM 938837101 408 18044 SH SOLE 18044
WASTE MANAGEMENT INC. COM 5488 123671 SH SOLE 123671
ALLIANCE GROWTH & INCOME FUND 018597104 110 30900.000 SH SOLE 30900.000
FRANKLIN CUSTODIAN FUNDS INC U 353496607 130 19020.105 SH SOLE 19020.105
VAN KAMPEN AMERICAN CAPITAL EN 92113C104 303 14309.157 SH SOLE 14309.157
</TABLE>
M&R Capital Managment, Inc.
525 Washington Blvd., Suite 2405
Jersey City, NJ 07310
May 17, 1999
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
Pursuant to the requirements of the Securities Exchange Act of
1934, we are transmitting herewith the attached Form 13-F.
Sincerely,
M&R Capital Management, L.L.C.
Richard Diver
Richard Diver, Vice President
