UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number: not/applicable
This Amendment (Check only one.): [ ] is a restatment.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: F. James McCarthy
Baker Boyer National Bank
Address: P. O. Box 1796
Walla Walla, WA 99362
13F File Number: 28-7488
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 Report Manager:
Name: F. JAMES MCCARTHY
Title: Vice President/Trust Investment Manager
Phone: 509-526-1317
Signature, Place and Date of Signing:
F. JAMES MCCARTHY WALLA WALLA, WASHINGTON APRIL 19, 1999
Report Type (check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
None
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: 0
Form 13F Information Table Entry Total: 71
Form 13F Information Table Value Total: 149834
List of Other Included Managers:
NONE
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ----- -------- -------- --------
ABBOTT LABORATORIES INC COM 002824100 3416 72990 SH SOLE 72840 0 150
ABBOTT LABORATORIES INC COM 002824100 213 4560 SH DEFINED 4240 0 320
ALBERTSONS INC COM 013104104 1951 35850 SH SOLE 35850 0 0
AMERICA ONLINE INC COM 02364J104 2648 18015 SH SOLE 17615 0 400
AMERICAN HOME PRODUCTS CORP COM 026609107 2682 41110 SH SOLE 41110 0 0
AMERICAN INTL GROUP INC COM 026874107 6513 54001 SH SOLE 53926 0 75
AMERICAN INTL GROUP INC COM 026874107 270 2245 SH DEFINED 1908 0 337
AMERITECH CORP COM 030954101 228 3960 SH SOLE 3960 0 0
AUTOMATIC DATA PROCESSING COM 053015103 4618 111650 SH SOLE 111500 0 150
AVISTA CORP DEP SH 1/10TH PFDCV 05379B503 204 11961 SH SOLE 8961 0 3000
BELL ATLANTIC CORP COM 077853109 3642 70486 SH SOLE 70386 0 100
BELLSOUTH CORP COM 079860102 211 5288 SH SOLE 5288 0 0
BESTFOODS INC COM 08658U101 225 4800 SH SOLE 4800 0 0
CARNIVAL CORP COM 143658102 5866 120800 SH SOLE 120650 0 150
CHASE MANHATTAN CORP NEW COM 16161A108 2377 29224 SH SOLE 29124 0 100
CHEVRON CORPORATION COM 166751107 288 3250 SH SOLE 3250 0 0
CISCO SYS INC COM 17275R102 2990 27300 SH SOLE 26713 0 587
CISCO SYS INC COM 17275R102 966 8825 SH DEFINED 8175 0 650
COCA COLA CO COM 191216100 273 4450 SH DEFINED 4200 0 250
DELL COMPUTER CORP COM 247025109 1241 30370 SH SOLE 29020 0 1350
EMC CORP MASS COM 268648102 259 2035 SH SOLE 2035 0 0
EMERSON ELECTRIC CO COM 291011104 3154 59600 SH SOLE 59500 0 100
ENRON CORP COM 293561106 2337 36387 SH SOLE 36387 0 0
EXXON CORP COM 302290101 971 13772 SH SOLE 13772 0 0
FANNIE MAE COM 313586109 5690 82175 SH SOLE 81875 0 300
FANNIE MAE COM 313586109 334 4825 SH DEFINED 4245 0 580
FIRST WASH BANCORP INC WA COM 33748T104 327 16872 SH SOLE 16872 0 0
FORD MTR CO DEL COM 345370100 214 3777 SH SOLE 3777 0 0
GTE CORP COM 362320103 309 5123 SH SOLE 5123 0 0
GAP INC COM 364760108 3718 55246 SH SOLE 55146 0 100
GAP INC COM 364760108 212 3150 SH DEFINED 2925 0 225
GENERAL ELECTRIC CO COM 36960410E 342 3100 SH SOLE 3100 0 0
GENERAL ELECTRIC CO COM 369604103 9093 82207 SH SOLE 81932 0 275
GENERAL ELECTRIC CO COM 369604103 420 3800 SH DEFINED 3200 0 600
GILLETTE CO COM 375766102 2680 45100 SH SOLE 45100 0 0
HALLIBURTON CO COM 406216101 874 22725 SH SOLE 22550 0 175
HEWLETT PACKARD CO COM 428236103 313 4625 SH SOLE 4625 0 0
HOME DEPOT INC SUB NOTE CONV 437076AE2 78 29000 PRN SOLE 29000 0 0
INTEL COM 458140100 292 2462 SH SOLE 2222 0 240
INTERNATIONAL BUSINESS MACHSCOM 459200101 4664 26314 SH SOLE 26264 0 50
INTERNATIONAL BUSINESS MACHSCOM 459200101 389 2200 SH DEFINED 2100 0 100
JOHNSON & JOHNSON COM 478160104 5586 59750 SH SOLE 59675 0 75
JOHNSON & JOHNSON COM 478160104 343 3675 SH DEFINED 3675 0 0
ELI LILY CORP COM 532457108 341 4019 SH SOLE 3719 0 300
LUCENT TECHNOLOGIES COM 549463107 5913 54750 SH SOLE 53321 0 1429
MBIA INC COM 55262C100 3716 64075 SH SOLE 64000 0 75
MCI WORLDCOM INC COM 55268B106 5460 61655 SH SOLE 61580 0 75
MCI WORLDCOM INC COM 55268B106 376 4250 SH DEFINED 4150 0 100
MASCO CORP COM 574599106 4337 153550 SH SOLE 153550 0 0
MEDTRONIC INC COM 585055106 1638 22800 SH SOLE 22800 0 0
MERCK & CO INC COM 589331107 5654 70576 SH SOLE 70276 0 300
MERCK & CO INC COM 589331107 444 5550 SH DEFINED 4250 0 1300
MICROSOFT COM 594918104 6983 77926 SH SOLE 76426 0 1500
MICROSOFT COM 594918104 1527 17044 SH DEFINED 16444 0 600
PFIZER INC COM 717081103 2729 19675 SH SOLE 19375 0 300
PROCTER & GAMBLE CO COM 742718109 4883 49871 SH SOLE 49796 0 75
RAYTHEON CO CLASS A COM 755111309 1708 29591 SH SOLE 29591 0 0
ROYAL BK SCOTLAND 8.50% PREF 780097804 266 10000 SH SOLE 10000 0 0
ROYAL BANK SCOTLAND CUM ADR 780097879 225 9000 SH SOLE 9000 0 0
SBC COMMUNICATIONS INC COM 78387G103 315 6678 SH SOLE 6678 0 0
SAFEWAY INC COM 786514208 3149 61375 SH SOLE 61125 0 250
SARA LEE CORP COM 803111103 1289 52100 SH SOLE 51900 0 200
SCHERING PLOUGH CORP COM 806605101 2080 37650 SH SOLE 37550 0 100
SCHERING PLOUGH CORP COM 806605101 204 3700 SH DEFINED 3700 0 0
SCHLUMBERGER LTD COM 806857108 901 14975 SH SOLE 13875 0 1100
STARBUCKS CORP COM 855244109 2179 77680 SH SOLE 77480 0 200
STATE STREET CORP COM 857477103 2610 31733 SH SOLE 31658 0 75
STRYKER CORP COM 863667101 1816 36025 SH SOLE 35300 0 725
TYCO INTL LTD NEW COM 902124106 4121 57440 SH SOLE 57365 0 75
UNITED SECURITY BANCORP COM 91146A101 415 36533 SH SOLE 36533 0 0
WELLS FARGO & CO NEW COM 949746101 1134 32350 SH SOLE 32350 0 0
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