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: Nye, Parnell & Emerson Capital Management, Inc.
Address: 526 King Street
Suite 201
Alexandria, VA 22314
13F File Number:
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: Joseph P. Nye, Jr.
Title: President
Phone: 703-683-8576
Signature, Place and Date of Signing:
Joseph P. Nye, Jr. Alexandria, Virginia May 14, 1999
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT
[ ] 13 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: 68
Form 13F Information Table Value Total: $159,646,064
List of Other Included Managers:
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Shares of Other Voting Authority
Name of Issuer Title of C CUSIP Value Principal AmInvestment DiscrManager (a) Sole (b)Share(c) None
Capital One Financial Common 14040H105 8,781,405 58,155 Sole X
General Electric Common 369604103 7,930,512 71,685 Sole X
Pfizer Common 717081103 6,909,750 49,800 Sole X
Intel Common 458140100 6,300,046 52,995 Sole X
Cisco Systems Common 17275R102 5,581,206 50,942 Sole X
Johnson & Johnson Common 478160104 5,161,668 55,205 Sole X
Procter & Gamble Common 742718109 5,057,426 51,638 Sole X
SBC Communications Common 78387G103 4,946,645 104,824 Sole X
Fannie Mae Common 313586109 4,850,270 70,040 Sole X
First Data Corporation Common 319963104 4,530,004 105,965 Sole X
Texas Instruments Common 882508104 4,378,910 44,120 Sole X
Walt Disney Common 254687106 4,176,401 134,160 Sole X
Citigroup Common 172967101 4,008,470 62,750 Sole X
Gillette Company Common 375766102 3,544,704 59,635 Sole X
Halliburton Company Common 406216101 3,501,190 90,940 Sole X
Reliastar Financial Common 75952U103 3,363,720 78,905 Sole X
Sun Microsystems Common 866810104 3,363,489 26,895 Sole X
Chase Manhattan Bank Common 16161A108 3,360,994 41,300 Sole X
Steris Corporation Common 859152100 3,332,745 125,150 Sole X
Exel Capital Ordinary G3242A102 3,216,105 52,940 Sole X
Home Depot Common 437076102 3,140,450 50,449 Sole X
Compaq Computer Common 204493100 3,072,979 96,970 Sole X
Newell Rubbermaid Common 651192106 3,022,188 63,625 Sole X
Atlantic Richfield Common 048825103 2,963,228 40,520 Sole X
Microsoft Corporation Common 594918104 2,938,071 32,780 Sole X
Coca Cola Common 191216100 2,896,829 47,195 Sole X
First Union Corporation Common 337358105 2,807,470 52,535 Sole X
Airtouch Communications Prefered 00949T209 2,500,313 31,750 Sole X
MBIA, Inc. Common 55262C100 2,487,620 42,890 Sole X
American Express Common 025816109 2,366,775 20,100 Sole X
Mobil Oil Common 607059102 2,290,640 26,030 Sole X
American International Common 026874107 2,097,032 17,384 Sole X
Minnesota Mining and Ma Common 604059105 2,021,681 28,575 Sole X
British Petroleum Amern Sh 110889409 2,016,970 19,970 Sole X
Bank of New York Common 064057102 1,934,111 53,815 Sole X
Lockheed Martin Corpora Common 539830109 1,885,613 49,950 Sole X
AON Corporation Common 37389103 1,747,598 27,630 Sole X
Freddie Mac Common 313400301 1,744,230 30,435 Sole X
Sysco Common 871829107 1,686,471 64,100 Sole X
Merck & Company Common 589331107 1,640,582 20,474 Sole X
Applied Materials Common 038222105 1,366,804 22,156 Sole X
Eaton Corporation Common 278058102 1,287,000 18,000 Sole X
Eli Lilly Common 532457108 1,164,554 13,720 Sole X
United States Filter Common 911843909 1,108,040 36,175 Sole X
McKesson HBOC Common 581557105 1,030,920 15,620 Sole X
USX Marathon Group Common 902905827 876,013 31,855 Sole X
Philip Morris Common 718154107 829,956 23,585 Sole X
Exxon Common 302290101 802,973 11,380 Sole X
Microsoft Corporation Pfd A Cv E594918203 784,060 7,960 Sole X
Computer Associates Common 204912109 604,982 17,013 Sole X
H.J. Heinz Company Common 423074103 588,933 12,430 Sole X
Wrigley Company Common 982526105 560,728 6,200 Sole X
Reliastar Financial Prefered 75952U103 527,714 20,850 Sole X
Gabelli Equity Trust Prefered 362397101 470,799 18,550 Sole X
Lucent Technologies Common 549463107 445,284 4,123 Sole X
Morgan Stanley Dean Wit Common 617446448 410,254 4,105 Sole X
Bristol Myers Common 110122108 401,454 6,260 Sole X
Parker Hannifin Corpora Common 701094104 384,628 11,230 Sole X
Pepsico Common 713448108 368,386 9,400 Sole X
AES Corporation Common 00130H105 313,273 8,410 Sole X
Healthcare Realty Trust Common 42217K106 290,225 15,275 Sole X
DuPont Common 263534109 276,946 4,770 Sole X
Sandy Spring Bancorp, I Common 800363103 272,500 10,000 Sole X
American Home Products Common 26609107 247,950 3,800 Sole
Warner Lambert Common 934488107 247,775 3,740 Sole
United Technologies Common 913017109 203,160 1,500 Sole
Thermo Electron Common 883556102 169,500 12,500 Sole X
Criimi Mae, Inc. Common 226603108 54,742 20,350 Sole X
Fair Market Value Total 159,646,064
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