FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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: First Fiduciary Investment Counsel, Inc.
Address: 1375 East Ninth Street
Suite #2450
Cleveland, Ohio 44114
13F File Number: 28- 7360
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: Vernon P. Essi
Title: President
Phone: (216) 623-7700
Signature, Place, and Date of Signing:
Cleveland, Ohio September 24,
1999
[Signature] [City, State] Date
Report Typle [Check only one.]:
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this
report, and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings
for this reporting manager are reported in this report and a portion
are reported by other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
a. Other Included Managers 0
b. Information Table Entry Total 57
c. Information Table Value Total $ 512,542
List of Other Included Managers None
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FORM 13 F
(SEC USE ONLY)
Quarter Ending September 30, 1999 Name of Reporting Manager First
Fiduciary Investment Counsel, Inc.
Fair MarkeShares
oInvestment Discretion Voting Authority (Share
Title of Value Principal
Shared a Shared
Name of Issuer Class CUSIP # (thousands Amount Sole
Defined Other Managers Sole Shared None
FORM 13 F
Quarter Ending September 30, 199Name of ReportingFirst Fiduciary Investment
Counsel
Fair MarkeShares of
Title of Value Principal
Name of Issuer Class CUSIP # (thousands Amount
AMERICAN ELEC PWR common 025537101 214 6,280
ASSOCIATED FIRST CAP CORP CL A common 046008108 1,468 40,778
CARPENTER TECH common 144285103 12,709 518,723
CARRINGTON LABS common 144525102 38 19,600
CINERGY CORP. common 172474108 7,697 271,852
CROWN CORK & SEAL common 228255105 20,271 835,900
CUMMINS ENGINE common 231021106 7,913 158,860
DELPHI AUTOMOTIVE common 247126105 1,391 86,614
DUN & BRADSTREET common 26483B106 291 9,730
DUPONT DE NEMOURS common 263534109 3,726 61,595
ENGELHARD CORP common 292845104 12,420 680,571
EXXON CORP common 302290101 5,493 72,270
FIRST UNION CORP common 337358105 25,205 707,516
FLOWERS INDUSTRIES common 343496105 310 22,850
FOSTER WHEELER CORP common 350244109 14,0251,162,670
GENCORP INC common 368682100 12,419 678,150
GENERAL ELECTRIC common 369604103 286 2,416
GENERAL MILLS common 370334104 5,961 73,475
GENERAL MOTORS common 370442105 8,525 135,457
GENUINE PARTS common 372460105 19,693 741,371
GOODRICH, B F common 382388106 21,330 735,531
HARRIS CORP common 413875105 428 15,500
HEINZ HJ COMPANY common 423074103 572 13,309
HERCULES INC common 427056106 10,451 365,100
HOSPITALITY PROPERTIES, INC. common 44106M102 7,552 340,350
INTL BUS. MACHINES common 459200101 1,024 8,466
INTL PAPER common 460146103 15,550 323,529
KEYCORP common 493267108 5,386 208,666
KEYSPAN ENERGY CORP. common 49337W100 774 27,051
KIMBERLY CLARK common 494368103 23,478 445,085
LUBRIZOL CORP common 549271104 27,2971,062,666
MCN CORP. common 55267J100 20,0821,168,395
MINNESOTA MING/MFG common 604059105 13,865 144,335
MORGAN J.P. CO. common 616880100 1,363 11,928
NEWELL RUBBERMAID INC common 651229106 2,655 92,961
OGDEN common 676346109 10,036 967,334
OGE ENERGY common 670837103 439 19,716
PENNEY, J C CO. common 708160106 23,410 678,560
PHARMACIA & UPJOHN common 716941109 2,869 57,810
PHILLIP-MORRIS common 718154107 8,919 260,885
PHILLIPS PETROLEUM common 718507106 10,480 214,975
PPG CORP common 693506107 3,146 52,425
R H DONNELLEY common 74955W307 558 29,948
RAYTHEON CO CLASS A common 755111309 254 5,227
READERS DIGEST ASSN CL A common 755267101 414 14,150
RELIANT ENERGY common 75952J108 736 27,200
SARA LEE CORP common 803111103 26,7311,143,575
SPX CORPORATION common 786435104 3,242 35,729
TECO ENERGY common 872375100 13,484 638,275
TENNECO common 88037E101 20,2531,191,353
UNITED DOMINION REALTY TR INC. common 910197102 3,395 303,462
USX MARATHON common 902905827 22,055 754,011
USX STEEL common 90337T101 22,468 872,528
VF CORPORATION common 918204108 1,741 56,150
WESTVACO common 961548104 16,149 630,200
WEYERHAEUSER CO common 962166104 5,573 96,720
WHIRLPOOL CORP common 963320106 4,329 66,275
Column Total 512,542
(SEC USE ONLY)
Investment Discretion
Shared a Shared Voting Authority
(Shared)
Sole Defined Other Managers Sole Shared None
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</TABLE>
