UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 03-31-99
Check here if Amendment ( ); Amendment Number:
This Amendment (Check only one): ( ) is a restatement.
( ) adds new holdings entries.
Institutional Investment Manager Filing this Report:
Fiduciary Financial Services of the Southwest, Inc.
12222 Merit Drive, Suite 920
Dallas, TX 75251-2234
Form 13F File Number : 28-7732
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 complte, 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: Sondra J. Wilson
Title: Senior Vice President
Phone: 972-934-9070
Signature, Place, and Date of Signing:
Sondra J. Wilson Dallas, TX May 6, 1999
Report Type (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).)
List of Other Managers Reporting for this Manager: None
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 99
Form 13F Information Table Value Total: 116,310
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is
filed, other than the manager filing this report.
None
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FORM 13F INFORMATION TABLE
TITLE VALUE SHS OR INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS CUSIP (X $1000) PRN AMT SH/PRN PUT/CALL DISCRETION MANAGERS SOLE SHARED NONE
A C M Govt Securities COM 000914 10 1 1,676 214,466 SH SOLE 214,466
A C M Govt Spectrum COM 000917 10 4 567 93,450 SH SOLE 93,450
AMR Corp COM 001765 10 6 601 10,260 SH SOLE 10,260
AT&T Corporation COM 001957 10 9 261 3,271 SH SOLE 3,271
Abbott Laboratories COM 002824 10 0 1,076 22,985 SH SOLE 22,985
Aegon N.V. SPON ADR 007924 10 3 258 2,866 SH SOLE 2,866
Allmerica Securities SH BEN INT 019921 10 5 647 58,852 SH SOLE 58,852
American Express Company COM 025816 10 9 1,155 9,805 SH SOLE 9,805
Ameritech Corp COM 030954 10 1 232 4,033 SH SOLE 4,033
Amerigas Partners LP UNIT LP INT 030975 10 6 773 38,750 SH SOLE 38,750
Arden Realty Group COM 039793 10 4 436 19,600 SH SOLE 19,600
Associates First Cap CL A 046008 10 8 1,651 36,686 SH SOLE 36,686
BankAmerica Corp COM 06605F 10 2 914 12,939 SH SOLE 12,939
Bell Atlantic Corp COM 077853 10 9 254 4,918 SH SOLE 4,918
Bellsouth Corporation COM 079860 10 2 1,080 26,956 SH SOLE 26,956
Belo (A. H.) Corp COM SER A 080555 10 5 485 26,596 SH SOLE 26,596
Blackrock Adv. Term 2005 COM 09247A 10 1 810 83,090 SH SOLE 83,090
Blackrock Broad Inv 2009 COM 09247Q 10 6 765 59,430 SH SOLE 59,430
Boston Properties, Inc. COM 101121 10 1 446 14,100 SH SOLE 14,100
Buckeye Partners LP UNIT LTD PARTN 118230 10 1 238 8,730 SH SOLE 8,730
Burlington Northern COM 12189T 10 4 468 14,250 SH SOLE 14,250
Chase Manhattan Corp COM 16161A 10 8 1,396 17,150 SH SOLE 17,150
Chevron Corp COM 166751 10 7 213 2,400 SH SOLE 2,400
Cisco Systems COM 17275R 10 2 3,205 29,256 SH SOLE 29,256
CitiGroup, Inc. COM 172967 10 1 683 10,685 SH SOLE 10,685
Coca Cola COM 191216 10 0 1,174 19,125 SH SOLE 19,125
Compaq Computer COM 204493 10 0 1,557 49,123 SH SOLE 49,123
Consolidated Natural Gas Co COM 209615 10 3 719 14,765 SH SOLE 14,765
Cornerstone Properties, Inc. COM 21922H 10 3 1,881 128,601 SH SOLE 128,601
Crescent Real Estate Equities COM 225756 10 5 858 39,908 SH SOLE 39,908
Crescent Real Est Eq Covt Pfd PFD CV A 6.75% 225756 20 4 708 44,585 SH SOLE 44,585
DSI Toys Inc COM 232968 10 7 21 10,000 SH SOLE 10,000
Dell Computer COM 247025 10 9 298 7,300 SH SOLE 7,300
Disney Walt Co COM 254687 10 6 1,312 42,150 SH SOLE 42,150
Duke Energy Corp COM 264399 10 6 657 11,985 SH SOLE 11,985
Equity Inns COM 294703 10 3 499 58,701 SH SOLE 58,701
Equity Office Properties Trust COM 294741 10 3 287 11,300 SH SOLE 11,300
Ericsson L M Tel Co ADR CL B SEK10 294821 40 0 1,358 57,020 SH SOLE 57,020
Exxon Corporation COM 302290 10 1 387 5,480 SH SOLE 5,480
FDX Corp COM 31304N 10 7 334 3,590 SH SOLE 3,590
Ferrellgas Partners L.P. UNIT LP 315293 10 0 502 29,755 SH SOLE 29,755
G T E Corporation COM 362320 10 3 764 12,627 SH SOLE 12,627
General Electric COM 369604 10 3 4,621 41,769 SH SOLE 41,769
General Motors Corp COM 370442 10 5 2,347 26,979 SH SOLE 26,979
Genesis Energy UNIT LP 371927 10 4 205 13,685 SH SOLE 13,685
Glenborough Convertible Pfd 7. PFD CV SER A 37803P 20 4 507 30,275 SH SOLE 30,275
Golden State Bancorp, Inc COM 381197 10 2 389 17,490 SH SOLE 17,490
HRPT Properties Trust COM SH BEN INT 40426W 10 1 3,065 227,000 SH SOLE 227,000
Halliburton COM 406216 10 1 1,968 51,121 SH SOLE 51,121
Hancock John Patriot Prem II COM SH BEN INT 41013T 10 5 455 40,710 SH SOLE 40,710
Health Care Property COM 421915 10 9 789 27,459 SH SOLE 27,459
HealthCare Realty Trust COM 421946 10 4 1,969 103,629 SH SOLE 103,629
Health Care Reit COM 42217K 10 6 651 30,272 SH SOLE 30,272
Hewlett-Packard COM 428236 10 3 1,919 28,296 SH SOLE 28,296
Home Depot Inc COM 437076 10 2 2,151 34,560 SH SOLE 34,560
Hospitality Properties Trust COM SH BEN INT 44106M 10 2 1,627 60,130 SH SOLE 60,130
Intel COM 458140 10 0 1,012 8,510 SH SOLE 8,510
International Business Machine COM 459200 10 1 2,469 13,930 SH SOLE 13,930
Johnson & Johnson COM 478160 10 4 1,053 11,265 SH SOLE 11,265
Kinder Morgan Energy Partners UNIT LP 494550 10 6 2,118 61,174 SH SOLE 61,174
Lakehead Pipeline Partners COM UNIT CL A 511557 10 0 438 9,725 SH SOLE 9,725
Leviathan Gas Pipeline L.P. COM UNIT 527367 20 5 222 9,780 SH SOLE 9,780
Liberty Property Trust SH BEN INT 531172 10 4 1,147 55,276 SH SOLE 55,276
Lilly Eli & Co COM 532457 10 8 3,892 45,860 SH SOLE 45,860
Lowes Cos Inc COM 548661 10 7 541 8,950 SH SOLE 8,950
Lucent Technologies COM 549463 10 7 8,265 76,532 SH SOLE 76,532
MCI Worldcom Inc. COM 55268B 10 6 3,934 44,425 SH SOLE 44,425
Meditrust Companies PAIRED CTF NEW 58501T 30 6 571 45,920 SH SOLE 45,920
Mellon Bank COM 585509 10 2 567 8,060 SH SOLE 8,060
Merck & Co Inc COM 589331 10 7 635 7,930 SH SOLE 7,930
Microsoft COM 594918 10 4 7,098 79,192 SH SOLE 79,192
Nokia Corp SPON ADR 654902 20 4 396 2,540 SH SOLE 2,540
Northern Border Ptnrs UNIT LP 664785 10 2 927 30,330 SH SOLE 30,330
Novatel Inc COM 669954 10 9 33 20,000 SH SOLE 20,000
Pan Pacific Retail Properties COM 69806L 10 4 1,049 59,088 SH SOLE 59,088
Pepsico COM 713448 10 8 1,164 29,695 SH SOLE 29,695
Pfizer COM 717081 10 3 496 3,575 SH SOLE 3,575
Procter & Gamble COM 742718 10 9 392 3,999 SH SOLE 3,999
Providian Financial Corp COM 74406A 10 2 440 4,000 SH SOLE 4,000
Quaker Chemical Corp COM 747316 10 7 285 20,160 SH SOLE 20,160
Raytheon Co Cl A CL A 755111 30 9 2,100 36,360 SH SOLE 36,360
SBC Communications COM 78387G 10 3 539 11,417 SH SOLE 11,417
SPDR TR UNIT SER 1 78462F 10 3 4,234 32,980 SH SOLE 32,980
Schlumberger COM 806857 10 8 942 15,655 SH SOLE 15,655
Sector SPDR TR SBI INT-TECH 81369Y 80 3 1,035 28,285 SH SOLE 28,285
Southwest Airlines COM 844741 10 8 2,599 85,921 SH SOLE 85,921
Star Gas Partners UNIT LP 85512C 10 5 462 32,995 SH SOLE 32,995
Suburban Propane Partners UNIT LP 864482 10 4 523 28,535 SH SOLE 28,535
Teppco Partners UT LTD PARTNER 872384 10 2 215 8,520 SH SOLE 8,520
U.S. Restaurant Properties COM 902971 10 0 623 32,275 SH SOLE 32,275
U S Restaurant Convt 7.72% PFD CV SER A 902971 20 9 1,117 59,980 SH SOLE 59,980
United Investors Realty Trust COM 910741 10 7 1,484 202,924 SH SOLE 202,924
Vestaur Securities COM 925464 10 9 318 22,195 SH SOLE 22,195
Wal-Mart Stores Inc COM 931142 10 3 386 4,190 SH SOLE 4,190
Warner-Lambert COM 934488 10 7 1,200 18,120 SH SOLE 18,120
Washington Gas Lt COM 938837 10 1 240 10,600 SH SOLE 10,600
Watson Pharmaceuticals COM 942683 10 3 1,718 38,925 SH SOLE 38,925
Williams Cos Inc COM 969457 10 0 903 22,870 SH SOLE 22,870
Radica Games LTD ORD G7342H 10 7 259 20,500 SH SOLE 20,500
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