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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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: Milbank Winthrop & Co.
Address: 654 Madison Avenue
Suite 1550
New York, New York 10021
Form 13F File Number: 28-4023
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: Janice Bennett
Title: Principal
Phone: (212) 980-2500
Signature, Place, and Date of Signing:
/s/ Janice Bennett New York, New York 11/15/1999
____________________ _____________________ _________
[Signature] [City, State] [Date]
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 her if no holdings reported are in
this report, and all holdings are reported by other
reporting manger(s).)
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[ ] 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:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-
[Repeat as necessary.]
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 93
Form 13F Information Table Value Total: $122,678,583
List of Other Included Managers: NONE
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.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name
28-
[Repeat as necessary.]
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<TABLE>
Form 13F INFORMATION TABLE
<CAPTION>
(ITEM 1) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8)
TITLE FAIR SHARED
OF CUSIP MARKET SHRS OR SOLE SHARED OTHER SOLE SHARED NONE
NAME OF ISSUER CLASS NUMBER VALUE PRN AMT (A) (B) (C) MANAGERS (A) (B) (C)
-------------- ----- ----- ------- ------- --- ------ ------- -------- ---- ------ ---
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABBOTT LABS COMMON 2824100 223,794 6,100 X 6,100 0 0
ADC TELECOMMUNICATION COMMON 886101 5,744,347 136,974 X X 127,974 0 9,000
AEGON N V - ORD AMER COMMON 7924103 441,409 5,103 X 5,103 0 0
AFLAC INC COMMON 1055102 1,359,807 32,473 X 32,473 0 0
AMERICAN EXPRESS CO COMMON 25816109 5,049,000 37,400 X X 34,400 0 3,000
AMERICAN INTL GROUP I COMMON 26874107 2,518,579 28,970 X X 18,564 0 10,406
AMERICAN TOWER CORP C COMMON 29912201 2,174,450 110,800 X X 101,800 0 9,000
AT & T CORP. COMMON 1957109 2,496,987 57,402 X X 52,902 0 4,500
ATLANTIC RICHFIELD CO COMMON 48825103 352,018 3,972 X 3,972 0 0
AT&T CORP LIBERTY MED COMMON 1957208 764,608 20,492 X 20,492 0 0
BELLSOUTH CORP COMMON 79860102 1,784,340 39,652 X 39,652 0 0
BERKSHIRE HATHAWAY IN COMMON 84670108 550,000 10 X 10 0 0
BIOTECHNOLOGY INVESTM COMMON 90995110 143,862 33,834 X 33,834 0 0
BP AMOCO ADS COMMON 55622104 2,091,586 37,750 X X 22,658 0 15,092
BRIGGS & STRATTON COR COMMON 109043109 642,125 11,000 X 11,000 0 0
BRISTOL MYERS SQUIBB COMMON 110122108 3,497,850 51,820 X X 40,220 0 11,600
CABOT INDL TR - COM S COMMON 127072106 2,130,975 110,700 X 110,700 0 0
CATERPILLAR INC COMMON 149123101 268,362 4,896 X 4,896 0 0
CBS CORPORATION COMMON 12490K107 316,396 6,841 X 6,841 0 0
CHEMFAB CORP COM COMMON 16361L102 1,718,764 106,590 X 106,590 0 0
CHEVRON CORP COMMON 166751107 871,702 9,822 X X 5,622 0 4,200
CHUBB CORP COMMON 171232101 1,851,013 37,300 X 37,300 0 0
CISCO SYS INC COMMON 17275R102 444,696 6,486 X 6,486 0 0
COCA COLA CO COMMON 191216100 612,775 12,700 X 12,700 0 0
COLGATE PALMOLIVE CO COMMON 194162103 549,000 12,000 X 0 0 12,000
CORNING INC COMMON 219350105 3,532,340 51,520 X 51,520 0 0
CROWN PACIFIC PTRS L. COMMON 228439105 1,999,531 95,500 X X 88,000 0 7,500
C-NET INC DEL COMMON 125945105 257,600 4,600 X 4,600 0 0
DEERE & CO COMMON 244199105 417,825 10,800 X 10,800 0 0
DISNEY WALT PRODTNS COMMON 254687106 307,788 11,838 X 0 0 11,838
DOCUNET INC. CDT-PFD COMMON 25616A200 26,562 12,500 X 12,500 0 0
DOVER CORP COMMON 260003108 2,141,850 52,400 X 52,400 0 0
DU PONT E I DE NEMOUR COMMON 263534109 343,216 5,673 X 5,673 0 0
E TOWN COM COMMON 269242103 711,474 14,337 X 14,337 0 0
ELECTRONIC DATA SYSTE COMMON 285661104 402,325 7,600 X 7,600 0 0
EXXON CORP COMMON 302290101 3,882,612 51,087 X X 45,087 0 6,000
FED HOME LN MTG CP-VT COMMON 313400301 1,658,800 31,900 X X 17,000 0 14,900
FEDERAL NAT MORTGAGE COMMON 313586109 1,015,538 16,200 X 16,200 0 0
FIRST UNION CORP COMMON 337358105 580,687 16,300 X 16,300 0 0
GEMSTAR INTERNATIONAL COMMON G3788V106 256,719 3,286 X 3,286 0 0
GENERAL ELECTRIC COMP COMMON 369604103 7,859,745 66,292 X X 58,892 0 7,400
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GILLETTE CO COMMON 375766102 591,700 17,435 X X 3,235 0 14,200
GTE CORP COMMON 362320103 770,672 10,025 X X 4,310 0 5,715
HEWLETT PACKARD CO COMMON 428236103 251,831 2,775 X 2,775 0 0
INTEL CORP COMMON 458140100 844,190 11,360 X 11,360 0 0
INTERNATIONAL BUSINES COMMON 459200101 749,716 6,196 X 6,196 0 0
INTERPUBLIC GROUP COS COMMON 460690100 287,875 7,000 X 7,000 0 0
JEFFERSON PILOT CORP COMMON 475070108 252,750 4,000 X 4,000 0 0
JOHNSON & JOHNSON COMMON 478160104 2,058,000 22,400 X 22,400 0 0
LEHMAN BROS HLDGS INC COMMON 524908100 255,682 4,380 X 4,380 0 0
LOEWS CORP COMMON 540424108 212,949 3,034 X 3,034 0 0
MALLINCKRODT INC NEW COMMON 561232109 1,935,019 64,100 X X 55,600 0 8,500
MELLON BANK CORP COMMON 585509102 470,750 14,000 X X 8,000 0 6,000
MERCK & CO COMMON 589331107 4,326,429 66,753 X X 59,553 0 7,200
MILLIPORE CORP COMMON 601073109 450,750 12,000 X 12,000 0 0
MINNESOTA MNG & MFG C COMMON 604059105 1,134,018 11,805 X X 7,725 0 4,080
MOBIL CORP COMMON 607059102 3,367,065 33,420 X 33,420 0 0
MORGAN J.P. & CO INC COMMON 616880100 481,335 4,213 X X 3,213 0 1,000
MOTOROLA INC COMMON 620076109 536,888 6,101 X 6,101 0 0
NCT GROUP INC - COM COMMON 62888Q109 25,418 144,600 X 144,600 0 0
NESTLE SA SPONSORED A FOREIGN 641069406 225,600 2,400 X 2,400 0 0
NEWELL RUBBERMAID INC COMMON 651229106 2,293,569 80,300 X X 71,800 0 8,500
NORFOLK SOUTHN CORP COMMON 655844108 533,561 21,778 X 21,778 0 0
NORTHERN TRUST CORP COMMON 665859104 350,700 4,200 X 4,200 0 0
NUCOR CORP COMMON 670346105 200,025 4,200 X 4,200 0 0
NUI CORP COMMON 629430109 492,698 19,907 X 19,907 0 0
PALL CORP COMMON 696429307 244,141 10,529 X 10,529 0 0
PEPSICO INC COMMON 713448108 472,140 15,480 X X 7,480 0 8,000
PFIZER INC COMMON 717081103 237,851 6,630 X 6,630 0 0
PHILIP MORRIS COS INS COMMON 718154107 320,063 9,362 X 9,362 0 0
PLUM CREEK TIMBER CO COMMON 729251108 1,656,600 52,800 X 52,800 0 0
POTASH CORP SASK INC COMMON 73755L107 2,596,737 50,300 X X 44,800 0 5,500
PRISON RLTY CORP COM COMMON 74264N105 1,999,285 185,980 X 185,980 0 0
PROCTER & GAMBLE CO COMMON 742718109 4,436,719 47,325 X 47,325 0 0
PROVIDIAN FINL CORP COMMON 74406A102 712,687 9,000 X 9,000 0 0
READERS DIGEST ASSN I COMMON 755267101 1,260,675 43,100 X 43,100 0 0
REGIS CORP MINN COMMON 758932107 5,250,823 272,770 X X 253,920 0 18,850
ROYAL DUTCH PETRO-NY COMMON 780257804 1,901,458 32,194 X 32,194 0 0
SBC COMMUNICATIONS, I COMMON 78387G103 313,115 6,132 X 6,132 0 0
SCHLUMBERGER COMMON 806857108 1,467,210 23,546 X 23,546 0 0
SIGMA ALDRICH CORP COMMON 826552101 1,498,600 47,200 X 47,200 0 0
SPDR TR UNIT SER 1 COMMON 78462F103 399,125 3,100 X 3,100 0 0
TEXACO INC COMMON 881694103 618,309 9,795 X 9,795 0 0
TIME WARNER INC COMMON 887315109 2,806,650 46,200 X 46,200 0 0
TRICO MARINE SVCS INC COMMON 896106101 175,394 21,100 X 21,100 0 0
TYCO INTL LTD NEW COM COMMON 902124106 309,750 6,000 X 6,000 0 0
UNITED WTR RES INC COMMON 913190104 661,472 20,275 X 20,275 0 0
US BANCORP COMMON 902973106 307,913 10,200 X X 4,200 0 6,000
VIACOM INC CL B COMMON 925524308 3,405,350 80,600 X 80,600 0 0
VODAFONE GROUP PLC SP COMMON 92857T107 1,793,111 37,710 X X 20,710 0 17,000
WARNER LAMBERT CO COMMON 934488107 305,325 4,600 X 4,600 0 0
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WELLS FARGO NEW COMMON 949746101 303,527 7,660 X X 1,660 0 6,000
ZEMEX CDA CORP COM COMMON 988910105 132,302 18,733 X 18,733 0 0
TOTAL 122,678,583
</TABLE>
00146001.AM8
