UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 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 holding entries.
Institutional Investment Manager Filing this Report:
Name: Bowen, Hanes & Company, Inc.
Address: 3350 Riverwood Parkway
Suite 1580
Atlanta, GA 30339
13F File Number: 28-1979
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: Harold J. Bowen, III
Title: President
Phone: 770-951-8891
Signature, Place, and Date of Signing:
Harold J. Bowen, III Atlanta, Georgia April 26, 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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 93
Form 13F Information Table Value Total: $1,190
List of Other Included Managers:
No. 13F File Number Name
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SEC 1685 (5/91) 13F Page 2
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FORM 13F INFORMATION TABLE
TITLE
OF VALUE SHARES/ SH/ PUT/ NVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
AFLAC INC COMMON 001055102 2456 45126 SOLE 45126
AT&T CORP COMMON 001957109 33221 416249 SOLE 416249
ABBOTT LABORATORIES COMMON 002824100 768 16414 SOLE 16414
AKZO NOBEL NV ADR COMMON 010199305 704 19050 SOLE 19050
ALLIANCE PHARMACEUTICAL CO COMMON 018773101 71 26000 SOLE 26000
AMERICAN EXPRESS CAP TR 7 PREFER 02583Y205 1350 54000 SOLE 54000
AMERICAN HOME PRODUCTS COR COMMON 026609107 38905 596250 SOLE 596250
AVON PRODUCTS INC COMMON 054303102 3273 69550 SOLE 69550
BCE INC COMMON 05534B109 11432 258000 SOLE 258000
BANK OF NEW YORK INC COMMON 064057102 10781 300000 SOLE 300000
BANKAMERICA CORP NEW COMMON 06605F102 334 4732 SOLE 4732
BAXTER INT'L INC COMMON 071813109 601 9116 SOLE 9116
BESTFOODS COMMON 08658U101 25205 536292 SOLE 536292
BRISTOL-MYERS SQUIBB CO COMMON 110122108 4233 66016 SOLE 66016
CCB FINANCIAL CORP COMMON 124875105 282 5220 SOLE 5220
CABLE & WIRELESS PUB LTD C COMMON 12683020 5175 140125 SOLE 140125
CAMPBELL SOUP CO COMMON 134429109 663 16300 SOLE 16300
CHASE MANHATTAN CORP COMMON 16161A108 258 3182 SOLE 3182
CHEVRON CORP COMMON 166751107 209 2358 SOLE 2358
COCA-COLA CO COMMON 191216100 24982 407048 SOLE 407048
COLGATE-PALMOLIVE CO COMMON 194162103 42926 466592 SOLE 466592
COMPAQ COMPUTER CORP COMMON 204493100 404 12780 SOLE 12780
CONSORCIO GRUPO DINA SA CV CONV C 210306AB2 13 30000 SOLE 30000
CORNING INC COMMON 219350105 35991 599850 SOLE 599850
DARDEN RESTAURANTS COMMON 237194105 444 21552 SOLE 21552
DELTA AIRLINES INC COMMON 247361108 523 7536 SOLE 7536
WALT DISNEY CO COMMON 254687106 14338 460661 SOLE 460661
E I DUPONT DE NEMOURS & CO COMMON 263534109 25197 433965 SOLE 433965
DUN & BRADSTREET CORP COMMON 26483B106 14733 413575 SOLE 413575
ELAN CORP PLC ADR COMMON 284131208 551 7900 SOLE 7900
ELECTRONIC DATA SYSTEMS CO COMMON 285661104 14680 301516 SOLE 301516
EMERSON ELECTRIC CO COMMON 291011104 22840 431463 SOLE 431463
EQUIFAX INC COMMON 294429105 35774 1040724 SOLE 1040724
L M ERICSSON TELEPHONE ADR COMMON 294821400 13552 569115 SOLE 569115
EXXON CORP COMMON 302290101 560 7948 SOLE 7948
GTE CORP COMMON 362320103 2481 41011 SOLE 41011
GARTNER GROUP INC COMMON 366651107 225 10000 SOLE 10000
GENERAL ELECTRIC CO COMMON 369604103 53689 485328 SOLE 485328
GENERAL MILLS INC COMMON 370334104 1628 21552 SOLE 21552
GILLETTE CO COMMON 375766102 46721 786064 SOLE 786064
HARRIS CORP COMMON 413875105 5725 200000 SOLE 200000
H J HEINZ CO COMMON 423074103 18762 396044 SOLE 396044
HERSHEY FOODS CORP COMMON 427866108 13145 234475 SOLE 234475
HEWLETT-PACKARD CO COMMON 428236103 36453 537565 SOLE 537565
HONEYWELL INC COMMON 438506107 30458 401767 SOLE 401767
HONG KONG TELECOM LTD ADR COMMON 438579203 234 12000 SOLE 12000
HOUGHTON MIFFLIN CO COMMON 441560109 27596 588725 SOLE 588725
IMS HEALTH INC COMMON 449934108 18438 556621 SOLE 556621
IMMUNEX CORP COMMON 452528102 333 4000 SOLE 4000
INGERSOLL-RAND CO COMMON 456866102 927 18700 SOLE 18700
INT'L BUSINESS MACHINES CO COMMON 459200101 28579 161240 SOLE 161240
INT'L FLAVORS & FRAGRANCES COMMON 459506101 20930 557223 SOLE 557223
IONICS INC COMMON 462218108 8194 272000 SOLE 272000
JOHNSON & JOHNSON COMMON 478160104 30914 330632 SOLE 330632
KELLOGG CO COMMON 487836108 649 19200 SOLE 19200
KIMBERLY-CLARK CORP COMMON 494368103 26647 555876 SOLE 555876
KONINKLIJKE PHILIPS ELECTR COMMON 500472105 3056 37075 SOLE 37075
LUCENT TECHNOLOGIES INC COMMON 549463107 26257 243122 SOLE 243122
MARSH & MCLENNAN COS INC COMMON 571748102 18464 248675 SOLE 248675
MCGRAW-HILL COMPANIES INC COMMON 580645109 37781 693230 SOLE 693230
MEDTRONIC INC COMMON 585055106 15134 210570 SOLE 210570
MEREDITH CORP COMMON 589433101 10651 338800 SOLE 338800
MINNESOTA MINING & MFG CO COMMON 604059105 15211 215005 SOLE 215005
MOTOROLA INC COMMON 620076109 560 7650 SOLE 7650
NCR CORP COMMON 62886E108 16561 331225 SOLE 331225
NOKIA CORP COMMON 654902204 284 1825 SOLE 1825
NORTHERN TELECOM LTD COMMON 665815106 1719 27675 SOLE 27675
NOVELL INC COMMON 670006105 25625 1017400 SOLE 1017400
OMNICOM GROUP INC COMMON 681919106 419 5248 SOLE 5248
PALL CORP COMMON 696429307 11799 712400 SOLE 712400
PEPSICO INC COMMON 713448108 23511 599974 SOLE 599974
PERKIN-ELMER CORP COMMON 714041100 36213 373093 SOLE 373093
PFIZER INC COMMON 717081103 44263 319014 SOLE 319014
PIEDMONT NATURAL GAS CO COMMON 720186105 257 7352 SOLE 7352
PITNEY BOWES INC COMMON 724479100 1022 16034 SOLE 16034
ROAYL BANK OF SCOTLAND 7.2 PREFER 780097879 1090 43600 SOLE 43600
ST JOE CO COMMON 790148100 11631 479650 SOLE 479650
SARA LEE CORP COMMON 803111103 321 13000 SOLE 13000
SHARED MEDICAL SYSTEMS COR COMMON 819486101 10541 189300 SOLE 189300
SMITHKLINE BEECHAM PLC ADR COMMON 832378301 302 4224 SOLE 4224
SONOCO PRODUCTS COMMON 835495102 256 11160 SOLE 11160
SPRINT CORP COMMON 852061100 27613 281414 SOLE 281414
PCS GROUP COMMON 852061506 6914 156031 SOLE 156031
SUN MICROSYSTEMS COMMON 86681010 922 7380 SOLE 7380
TEKTRONIX INC COMMON 879131100 202 8000 SOLE 8000
TRIANGLE BANKCORP INC COMMON 895835106 357 21418 SOLE 21418
TRIBUNE CO COMMON 896047107 26585 406275 SOLE 406275
UNION PACIFIC CORP COMMON 907818108 12098 226400 SOLE 226400
U S TRUST CORPORATION COMMON 91288L105 333 4500 SOLE 4500
WACHOVIA CORP COMMON 929771103 3976 48975 SOLE 48975
WARNER-LAMBERT CO COMMON 934488107 36154 545735 SOLE 545735
WILMINGTON TRUST CORP COMMON 971807102 1352 23670 SOLE 23670
XEROX CORP COMMON 984121103 458 8790 SOLE 8790
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