FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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: June 30, 1999
a. Other Included Managers 0
b. Information Table Entry Total 50
c. Information Table Value Total $ 581,281
List of Other Included Managers None
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FORM 13 F
(SEC USE ONLY)
FORM 13 F
Quarter Ending June 30, 1999 Name of ReportingFirst Fiduciary Inv Counsel
Fair MarkeShares of
Title of Value Principal
Name of Issuer Class CUSIP # (thousands Amount
ASSOC FIRST CAPITAL CORP CL A common 046008108 1,806 40,934
CARPENTER TECH common 144285103 14,101 493,673
CHEVRON common 166751107 853 8,968
CINERGY CORP. common 172474108 734 22,952
CUMMINS ENGINE common 231021106 19,926 348,820
DELPHI AUTOMOTIVE common 247126105 1,729 93,452
DUPONT DE NEMOURS common 263534109 4,263 62,400
ENGELHARD CORP common 292845104 17,294 764,380
EXXON CORP common 302290101 6,667 86,445
FIRST UNION CORP common 337358105 33,247 705,516
FOSTER WHEELER CORP common 350244109 15,9871,136,820
GENCORP INC common 368682100 16,592 657,100
GENERAL MILLS common 370334104 6,811 84,735
GENERAL MOTORS common 370442105 8,868 134,357
GENUINE PARTS common 372460105 24,649 704,269
GOODRICH, B F common 382388106 28,416 668,605
HARRIS CORP common 410768105 627 16,000
HEINZ HJ COMPANY common 413875105 655 13,075
HERCULES INC common 423074103 2,253 57,300
HOSPITALITY PROPERTIES, INC. common 427056106 9,232 340,350
INTL BUS. MACHINES common 459200101 1,176 9,096
INTL PAPER common 460146103 17,690 352,043
KEYCORP common 493267108 6,674 207,754
KEYSPAN ENERGY CORP. common 49337W100 709 26,875
KIMBERLY CLARK common 494368103 27,503 482,505
LUBRIZOL CORP common 549271104 28,8901,060,166
MCN CORP. common 55267J100 22,9021,103,700
MINNESOTA MING/MFG common 604059105 20,190 232,235
MORGAN J.P. CO. common 616880100 2,525 17,975
NEWELL RUBBERMAID INC common 651229106 4,313 93,012
OGDEN common 676346109 25,993 964,933
OGE ENERGY common 670837103 468 19,716
PALL CORP common 696429307 459 20,700
PENNEY, J C CO. common 708160106 27,113 558,305
PHARMACIA & UPJOHN common 716941109 3,310 58,270
PHILLIP-MORRIS common 718154107 10,137 252,255
PHILLIPS PETROLEUM common 718507106 18,052 358,800
R H DONNELLEY common 74955W307 642 32,806
READERS DIGEST ASSN CL A common 755267101 578 14,550
RELIANT ENERGY common 75952J108 751 27,200
SARA LEE CORP common 78462F103 6,156 271,350
SPX CORPORATION common 803111103 3,417 40,928
TECO ENERGY common 872375100 10,397 457,005
TENNECO common 88037E101 26,8681,125,353
UNITED DOMINION REALTY TR INC. common 910197102 3,566 303,462
USX MARATHON common 902905827 28,626 879,111
USX STEEL common 90337T101 20,623 763,828
WESTVACO common 961548104 17,728 611,300
WEYERHAEUSER CO common 962166104 14,231 207,000
WHIRLPOOL CORP common 963320106 14,883 201,120
Column Total 581,281
(SEC USE ONLY)
Investment Discretion
Shared a Shared Voting Authority
(Shar
Sole Defined Other Managers Sole Shared None
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