UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 3/31/99
Check here if Amendment [ ]; Amendment Number ______
This Amendment (Check Only one.): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Steinberg Global Asset Management, Ltd.
Address: 50 Rowes Wharf, Suite 420
Boston, MA 02110
Form 13F File Number: 28-7494
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorizedto 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: Richard D. Steinberg
Title: President
Phone: (561) 750-0800
Signature, Place, and date of Signing:
Richard D. Steinberg Boca Raton, FL 4/24/99
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.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 140
Form 13F Information Table Value Total: 118,697 (Thousands)
List of Other Included Managers:
<TABLE>
<CAPTION>
Column 1 Column Column 3 Column 4 ColumnColumn 6Column 7 Column 8
Title of Value Shrs or Sh/PutInvestmeOther Voting Authority
Name of Issuer Class CUSIP (x$1000) Prn Amt PrnCalDiscretiManage Sole SharedNone
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A T & T COM 001957109 1,658 20,772 Sh sole 4395 16,377
Abbott Labs COM 002918100 212 4,534 Sh sole 204 4,330
AFLAC Inc. COM 001055102 321 5,900 Sh sole 5,900
Alcoa Inc. COM 013817101 559 13,579 Sh sole 1400 12,179
Allstate Corp. COM 020002101 326 8,789 Sh sole 1830 6,959
American Express Co COM 025816109 1,763 14,968 Sh sole 430 14,538
American Home Prod. COM 026609107 552 8,462 Sh sole 8,462
American Int'l Group COM 026874107 341 2,824 Sh sole 150 2,674
American Re Capital Pr COM 029162203 278 10,800 Sh sole 10,800
Ameritech Corp. COM 030954101 478 8,301 Sh sole 864 7,437
Amex Diamonds COM 252787106 -462 -4,725 Sh sole 0 -4,725
AMP Inc. COM 031897101 371 6,940 Sh sole 697 6,243
Archer Daniels Midland COM 039483102 319 21,724 Sh sole 18163 3,561
Automatic Data Process COM 053015103 465 11,240 Sh sole 11,240
Baker Hughes Inc. COM 057224107 390 16,042 Sh sole 15654 388
Bank Of New York COM 064057102 2,689 74,837 Sh sole 0 74,837
BankBoston Corp. COM 06605R106 391 9,030 Sh sole 0 9,030
Bell Atlantic Corp COM 077853109 603 11,669 Sh sole 11,669
Bell South Corp. COM 079860102 595 14,846 Sh sole 5520 9,326
Berkshire Hathaway Cl COM 084670108 1,285 18 Sh sole 18
Berkshire Hathaway Cl COM 084670207 924 388 Sh sole 5 383
Biomet Inc. COM 090131100 678 16,156 Sh sole 16,156
Black & Decker COM 091797100 529 9,550 Sh sole 200 9,350
Boeing COM 097023105 749 22,035 Sh sole 6645 15,390
BP Amoco COM 055622104 539 5,336 Sh sole 1740 3,596
Bristol Myers Squibb COM 110122108 883 13,775 Sh sole 13,775
Bristol Retail Solutio COM 110202108 21 20,000 Sh sole 20000 0
Burlington Northern Sa COM 12189T104 307 9,350 Sh sole 600 8,750
Capital Southwest Corp COM 140501107 292 4,000 Sh sole 4,000
Carnival Corp COM 143658102 554 11,405 Sh sole 11200 205
Caterpillar Inc. COM 149123101 651 14,166 Sh sole 1000 13,166
Chase Capital IV 7.34% Cum 16147N208 235 9,311 Sh sole 1000 8,311
Chase Manhattan COM 16161A108 630 7,740 Sh sole 1330 6,410
Cisco Systems COM 17275R102 757 6,912 Sh sole 295 6,617
Citigroup Inc. COM 172967101 602 9,431 Sh sole 2610 6,821
Citigroup Capital VI P COM 17305L208 240 9,600 Sh sole 9,600
Coca Cola COM 191216100 938 15,278 Sh sole 4730 10,548
Compaq Computer COM 204493100 386 12,189 Sh sole 6615 5,574
Con Ed of NY COM 209115104 273 6,022 Sh sole 4300 1,722
Crown Cork & Seal COM 228255105 261 9,155 Sh sole 1100 8,055
Daimler Chrysler COM D16668R12 432 5,031 Sh sole 747 4,284
Dana Corp. COM 235811106 419 11,020 Sh sole 900 10,120
Deere & Co COM 244199910 353 9,135 Sh sole 600 8,535
Dell Computer Corp COM 247025109 1,241 30,360 Sh sole 5300 25,060
Dell Computer Corp COM 247025109 -82 -2,000 Sh sole 0 -2,000
Disney (Walt) Corp. COM 254687106 1,225 39,352 Sh sole 11840 27,512
Eastern Enterprises COM 27637F100 291 8,000 Sh sole 1150 6,850
Endogen Inc. COM 29264J108 155 53,500 Sh sole 53,500
Exxon Corp COM 302290101 1,909 27,052 Sh sole 10801 16,251
Exxon Corp COM 302290101 -71 -1,000 Sh sole -1000 0
FDX Corp. COM 31304N107 452 4,865 Sh sole 700 4,165
Federal Natl Mtg Assn COM 313586109 617 8,915 Sh sole 350 8,565
Fidelity Fund 316153105 573 14,794 Sh sole 14794 0
First Australia Prime COM 318653102 80 13,000 Sh sole 13000 0
First Sentinel Bancorp COM 33640T103 207 25,921 Sh sole 25,921
First Union COM 337358105 705 13,197 Sh sole 1100 12,097
Fleet Financial Group COM 338915101 327 8,691 Sh sole 500 8,191
Florida Progress COM 341109106 208 5,521 Sh sole 5521 0
FPL Group COM 302571104 480 9,016 Sh sole 8200 816
General Electric COM 369604103 5,663 51,192 Sh sole 8583 42,609
General Motors COM 370442105 1,034 11,887 Sh sole 1300 10,587
General Motors Cl H COM 370442832 391 7,747 Sh sole 600 7,147
Georgia Pacific Group COM 373298108 576 7,765 Sh sole 7765 0
Gillette Co COM 375766102 903 15,191 Sh sole 1464 13,727
Globalstar Telecommuni COM G3930H104 1,692 121,945 Sh sole 7830 114,115
GTE Corp COM 362320103 300 4,954 Sh sole 4,954
Halliburton Co. COM 406216101 233 6,050 Sh sole 5,850 200
Hewlett Packard COM 411902109 1,712 25,247 Sh sole 2,675 22,572
Home Depot COM 437076102 752 12,081 Sh sole 1,850 10,231
Honeywell Inc. COM 438506107 648 8,550 Sh sole 775 7,775
IBM COM 459200101 1,442 8,137 Sh sole 400 7,737
Illinova Corp. COM 452317100 262 12,350 Sh sole 1,200 11,150
Intel Corp. COM 458140100 2,287 19,236 Sh sole 700 18,536
IPC Holdings Ltd. COM G4933P101 221 11,100 Sh sole 11,100
J.P. Morgan COM 616880100 1,146 9,290 Sh sole 9,290
Johnson & Johnson COM 478160104 2,372 25,365 Sh sole 5,250 20,115
LM Ericsson COM 294821400 685 28,778 Sh sole 2,200 26,578
Leucadia National Corp COM 527288104 950 31,400 Sh sole 31,400
Loral Space & Communic COM G56462107 780 54,000 Sh sole 16,000 38,000
LTC Properties COM 502175102 161 13,300 Sh sole 13,300 0
Lucent Technologies In COM 549463107 2,970 27,504 Sh sole 7,652 19,852
Luxtec Corp COM 550687305 42 15,250 Sh sole 15,250
Markel Corp. COM 570535104 433 2,400 Sh sole 2,400
Marsh & McLennan COM 571748102 417 5,620 Sh sole 810 4,810
Matritech Inc. COM 576818108 16 10,000 Sh sole 10,000
McDonalds COM 580135101 1,503 33,162 Sh sole 3,460 29,702
MCI Capital I 8% 55267Y206 294 11,600 Sh sole 11,600
Merck & Co Inc. COM 589331107 4,426 55,236 Sh sole 1,704 53,532
Mercury Finance Co. COM 589395102 4 30,000 Sh sole 30,000
Microsoft Corp COM 594918104 2,310 25,770 Sh sole 300 25,470
Mobil COM 607059102 880 10,001 Sh sole 150 9,851
Monsanto COM 611662107 878 19,110 Sh sole 11,800 7,310
Motorola COM 620076109 1,551 21,179 Sh sole 3,021 18,158
Neuromedical Systems I COM 64124H109 2 17,200 Sh sole 17,200
Nokia Corp COM 654902204 1,744 11,200 Sh sole 1,000 10,200
Paychex Inc. COM 704326107 380 8,000 Sh sole 8,000
Peco Energy Company COM 693304107 328 7,100 Sh sole 6,700 400
Pepsico COM 713448108 763 19,472 Sh sole 1,450 18,022
Pfizer Inc. COM 717081103 1,342 9,671 Sh sole 901 8,770
PharMerica Inc. COM 717135107 53 10,600 Sh sole 10,600 0
Photoelectron Corp. COM 719320103 47 15,500 Sh sole 15,500
PhyMatrix Corp. COM 718925100 101 59,000 Sh sole 59,000
PICO Holdings Inc. COM 693366205 651 35,176 Sh sole 8,170 27,006
Proctor & Gamble COM 742718109 890 9,085 Sh sole 2,850 6,235
Raytheon Cl A COM 750255101 1,117 19,335 Sh sole 824 18,511
Republic Bancshares In COM 759929102 231 10,830 Sh sole 10,830 0
Richmond County Financ COM 764556106 206 13,900 Sh sole 13,900
RJR Capital Trust II 74961V202 390 14,500 Sh sole 14,500
Royal Bank of Scotland Pfd G 780097887 315 12,700 Sh sole 2,000 10,700
Royal Dutch COM 780257804 1,144 21,992 Sh sole 1,200 20,792
SBC Communications COM 78387G103 524 11,097 Sh sole 1,500 9,597
Schering Plough Corp COM 806605101 17,689 320,157 Sh sole 316,607 3,550
Schering Plough Corp COM 806605101 -332 -6,000 Sh sole -6,000 0
Scudder Growth & Income Fund 460965106 582 22,352 Sh sole 22,352 0
Sears Roebuck Accep Corp 6.95812404309 367 14,600 Sh sole 14,600
Sepracor Inc. COM 817315104 1,184 10,550 Sh sole 10,550
Service Master Ltd P-s COM 81760N109 267 13,132 Sh sole 13,132
St. Joe Corp. COM 790148100 1,246 51,383 Sh sole 13,810 37,573
Temple Inland COM 879868107 331 5,275 Sh sole 0 5,275
Templeton Small Companies 88022L102 258 38,616 Sh sole 38,616 0
Texaco Inc. COM 881694103 1,246 21,963 Sh sole 6,600 15,363
Texas Instruments COM 882508104 762 7,675 Sh sole 600 7,075
Texas Pacific Land Tru COM 882610108 1,009 20,051 Sh sole 7,500 12,551
Textron Inc. COM 883203101 431 5,570 Sh sole 300 5,270
Thermo Electron COM 883556102 599 44,187 Sh sole 44,187
United Asset Managemen COM 909420101 400 17,700 Sh sole 17,700
United Technologies COM 913017109 701 5,175 Sh sole 800 4,375
Unocal Corp COM 915289102 1,277 34,619 Sh sole 11,500 23,119
USA Technologies Inc. COM 90328S104 2 10,000 Sh sole 10,000
Viacom Inc. Cl B COM 925524308 757 9,023 Sh sole 9,023
Vodafone Group PLC COM 92857T107 338 1,800 Sh sole 1,800
V-One Corporation COM 918278102 375 122,603 Sh sole 122,603 0
Walgreen Company COM 931422109 341 12,076 Sh sole 12,076
Walmart Stores COM 931142103 1,194 12,947 Sh sole 1,250 11,697
Warner-Lambert Co COM 934488107 633 9,560 Sh sole 225 9,335
Washington REIT COM 939653101 365 22,375 Sh sole 22,375
WEBS Index Fund - Japa COM 92923H889 324 28,150 Sh sole 28,150
Werner Enterprises COM 950755108 331 20,995 Sh sole 2,249 18,746
Williams Companies COM 969457100 894 22,640 Sh sole 2,100 20,540
Worldcom Inc. COM 55268B106 316 3,566 Sh sole 3,566
Xerox Corp COM 984121103 1,544 29,613 Sh sole 4,040 25,573
118,697
</TABLE>
