UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 13F
FORM 13-F COVER PAGE
Report for the Calendar Year or Quarter Ended:
December 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: Telegraph Hill Investment Counsel, LLC
Address: 444 Market Street, Suite 700
San Francisco, CA 94111
13F File Number: 28-7400
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: Edward J. Lorain
Title: Managing Member
Phone: 415-956-4500
Signature, Place and Date of Signing:
Edward J. Lorain San Francisco, CA December 31, 1999
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE
SECURITIES AND 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: 116
Form 13F Information Table Value Total: $189,861
List of Other Included Manager:
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<TABLE> <C> <C>
VALUE SHARES SH/ PU/
INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL
DISCRETN MANAGERS SOLE SHARED OTHER
AFLAC Inc COM 001055102 1,460 30,950 SH
Sole 30,950
AFLAC Inc COM 001055102 22 475 SH
Other 475
Abbott Laboratories COM 002824100 209 5,758 SH
Sole 5,758
Abbott Laboratories COM 002824100 704 19,400 SH
Other 19,400
Air Products & COM 009158106 506 15,080 SH
Sole 15,080
Air Products & COM 009158106 705 21,004 SH
Other 21,004
Allstate Corp COM 020002101 1,113 46,246 SH
Sole 46,246
Allstate Corp COM 020002101 999 41,498 SH
Other 41,498
American General COM 026351106 660 8,700 SH
Sole 8,700
American General COM 026351106 328 4,325 SH
Other 4,325
American Home COM 026609107 188 4,780 SH
Sole 4,780
American Home COM 026609107 1,020 25,988 SH
Other 25,988
American COM 026874107 2,841 26,273 SH
Sole 26,273
American COM 026874107 2,046 18,927 SH
Other 18,927
Applied Materials COM 038222105 2,448 19,325 SH
Sole 19,325
Applied Materials COM 038222105 57 450 SH
Other 450
Automatic Data COM 053015103 2,427 45,050 SH
Sole 45,050
Automatic Data COM 053015103 703 13,050 SH
Other 13,050
BP Amoco COM 055622104 1,175 19,810 SH
Sole 19,810
BP Amoco COM 055622104 612 10,316 SH
Other 10,316
Bank One COM 06423A103 236 7,388 SH
Sole 7,388
Bank One COM 06423A103 160 5,000 SH
Other 5,000
Becton Dickinson COM 075887109 1,137 42,200 SH
Sole 42,200
Becton Dickinson COM 075887109 164 6,090 SH
Other 6,090
Bestfoods COM 08658U101 1,156 22,000 SH
Sole 22,000
Bestfoods COM 08658U101 1,584 30,128 SH
Other 30,128
Bristol-Myers Squibb COM 110122108 5,875 91,524 SH
Sole 91,524
Bristol-Myers Squibb COM 110122108 9,957 155,117 SH
Other 155,117
Carnival Corp COM 143658102 896 18,750 SH
Sole 18,750
Carnival Corp COM 143658102 57 1,200 SH
Other 1,200
Chevron Corp COM 166751107 2,109 24,352 SH
Sole 24,352
Chevron Corp COM 166751107 1,888 21,796 SH
Other 21,796
Cisco Systems COM 17275R102 2,404 22,442 SH
Sole 22,442
Cisco Systems COM 17275R102 270 2,524 SH
Other 2,524
Clayton Homes COM 184190106 515 56,098 SH
Sole 56,098
Corning Inc COM 219350105 2,392 18,550 SH
Sole 18,550
Corning Inc COM 219350105 3,961 30,723 SH
Other 30,723
Dionex Corp COM 254546104 669 16,236 SH
Sole 16,236
Dionex Corp COM 254546104 252 6,125 SH
Other 6,125
Walt Disney COM 254687106 83 2,850 SH
Sole 2,850
Walt Disney COM 254687106 285 9,735 SH
Other 9,735
RR Donnelley & Sons COM 257867101 707 28,488 SH
Sole 28,488
RR Donnelley & Sons COM 257867101 1,674 67,481 SH
Other 67,481
Dover Corp COM 260003108 1,315 28,975 SH
Sole 28,975
Emerson Electric COM 291011104 1,946 33,920 SH
Sole 33,920
Emerson Electric COM 291011104 2,154 37,550 SH
Other 37,550
Enron Corp COM 293561106 1,429 32,200 SH
Sole 32,200
Enron Corp COM 293561106 137 3,094 SH
Other 3,094
Exxon Mobil COM 30231G102 2,127 26,408 SH
Sole 26,408
Exxon Mobil COM 30231G102 4,260 52,872 SH
Other 52,872
Fannie Mae COM 313586109 1,536 24,595 SH
Sole 24,595
Fannie Mae COM 313586109 172 2,750 SH
Other 2,750
Franklin Resources COM 354613101 1,203 37,525 SH
Sole 37,525
Franklin Resources COM 354613101 66 2,050 SH
Other 2,050
General Electric COM 369604103 9,807 63,376 SH
Sole 63,376
General Electric COM 369604103 14,284 92,301 SH
Other 92,301
General Mills COM 370334104 129 3,600 SH
Sole 3,600
General Mills COM 370334104 425 11,880 SH
Other 11,880
Genuine Parts COM 372460105 237 9,534 SH
Sole 9,534
Genuine Parts COM 372460105 870 35,083 SH
Other 35,083
Hewlett-Packard COM 428236103 3,465 30,460 SH
Sole 30,460
Hewlett-Packard COM 428236103 6,592 57,948 SH
Other 57,948
Honeywell COM 438516106 1,226 21,250 SH
Sole 21,250
Honeywell COM 438516106 46 800 SH
Other 800
Illinois Tool Works COM 452308109 1,187 17,575 SH
Sole 17,575
Illinois Tool Works COM 452308109 8 125 SH
Other 125
Intel Corp COM 458140100 3,014 36,618 SH
Sole 36,618
Intel Corp COM 458140100 1,191 14,475 SH
Other 14,475
International COM 459200101 20,004 SH
Sole 20,004
International COM 459200101 9,738 SH
Other 9,738
Johnson & Johnson COM 478160104 3,238 34,724 SH
Sole 34,724
Johnson & Johnson COM 478160104 4,165 44,668 SH
Other 44,668
Knight-Ridder COM 499040103 71 1,200 SH
Sole 1,200
Knight-Ridder COM 499040103 530 8,900 SH
Other 8,900
Lear Corp COM 521865105 803 25,100 SH
Sole 25,100
Lear Corp COM 521865105 22 700 SH
Other 700
MBNA Corp COM 55262L100 4,227 155,105 SH
Sole 155,105
MBNA Corp COM 55262L100 5,372 197,152 SH
Other 197,152
McGraw-Hill COM 580645109 240 3,900 SH
Sole 3,900
McGraw-Hill COM 580645109 682 11,070 SH
Other 11,070
Merck & Company COM 589331107 967 14,390 SH
Sole 14,390
Merck & Company COM 589331107 1,771 26,352 SH
Other 26,352
Microsoft Corp COM 594918104 1,905 16,320 SH
Sole 16,320
Microsoft Corp COM 594918104 467 4,000 SH
Other 4,000
J.P. Morgan COM 616880100 589 4,650 SH
Sole 4,650
J.P. Morgan COM 616880100 1,003 7,924 SH
Other 7,924
Newell Rubbermaid COM 651229106 832 28,675 SH
Sole 28,675
Newell Rubbermaid COM 651229106 56 1,925 SH
Other 1,925
Pall Corp COM 696429307 173 8,000 SH
Sole 8,000
Pall Corp COM 696429307 621 28,780 SH
Other 28,780
Pfizer Inc COM 717081103 5,005 154,287 SH
Sole 154,287
Pfizer Inc COM 717081103 9,521 293,523 SH
Other 293,523
Philip Morris COM 718154107 1,005 43,690 SH
Sole 43,690
Philip Morris COM 718154107 633 27,505 SH
Other 27,505
Procter & Gamble COM 742718109 2,677 24,434 SH
Sole 24,434
Procter & Gamble COM 742718109 5,862 53,504 SH
Other 53,504
Royal Dutch Petroleum COM 780257804 643 10,610 SH
Sole 10,610
Royal Dutch Petroleum COM 780257804 594 9,816 SH
Other 9,816
Safeway Inc COM 786514208 1,037 29,010 SH
Sole 29,010
Safeway Inc COM 786514208 32 900 SH
Other 900
Sara Lee COM 803111103 205 9,300 SH
Sole 9,300
Sara Lee COM 803111103 45 2,050 SH
Other 2,050
Schlumberger Ltd COM 806857108 1,215 21,650 SH
Sole 21,650
Schlumberger Ltd COM 806857108 225 4,005 SH
Other 4,005
Sears, Roebuck COM 812387108 37 1,224 SH
Sole 1,224
Sears, Roebuck COM 812387108 393 12,940 SH
Other 12,940
Solectron Corp COM 834182107 2,426 25,500 SH
Sole 25,500
Solectron Corp COM 834182107 162 1,700 SH
Other 1,700
SYSCO Corp COM 871829107 2,136 54,000 SH
Sole 54,000
SYSCO Corp COM 871829107 1,437 36,324 SH
Other 36,324
Union Pacific COM 907818108 308 7,040 SH
Sole 7,040
Union Pacific COM 907818108 406 9,293 SH
Other 9,293
Walgreen Company COM 931422109 3,013 103,000 SH
Sole 103,000
Walgreen Company COM 931422109 4,937 168,800 SH
Other 168,800
Wells Fargo COM 949746101 162 4,000 SH
Sole 4,000
Wells Fargo COM 949746101 531 13,140 SH
Other 13,140
</TABLE>
