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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: June 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 8/12/99
_______________________ _____________________ _________
[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: 98
Form 13F Information Table Value Total: $133,248
[thousands]
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.
[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 002824100 280,417 6,180 6,180 6,180 0 0
ADC TELECOMMUNICATION COMMON 000886101 6,336,559 139,074 130,074 9,000 130,074 0 9,000
AEGON N V - ORD AMER COMMON 007924103 375,085 5,073 5,073 5,073 0 0
AFLAC INC COMMON 001055102 1,516,345 31,673 31,673 31,673 0 0
AMERICAN EXPRESS CO COMMON 025816109 4,905,712 37,700 34,700 3,000 34,700 0 3,000
AMERICAN HOME PRODS C COMMON 026609107 213,263 3,717 3,717 3,717 0 0
AMERICAN INTL GROUP I COMMON 026874107 2,717,620 28,972 18,566 10,406 18,566 0 10,406
AMERICAN TOWER CORP C COMMON 029912201 2,611,200 108,800 99,800 9,000 99,800 0 9,000
AT & T CORP. COMMON 001957109 3,181,424 57,002 52,502 4,500 52,502 0 4,500
ATLANTIC RICHFIELD CO COMMON 048825103 331,910 3,972 3,972 3,972 0 0
AT&T CORP LIBERTY MED COMMON 001957208 569,331 15,492 15,492 15,492 0 0
BELLSOUTH CORP COMMON 079860102 1,907,361 41,352 41,352 41,352 0 0
BELO A H CORP COM SER COMMON 080555105 762,241 38,717 38,717 38,717 0 0
BERKSHIRE HATHAWAY IN COMMON 084670108 689,000 10 10 10 0 0
BIOTECHNOLOGY INVESTM COMMON 090995110 143,862 33,834 33,834 33,834 0 0
BP AMOCO ADS COMMON 055622104 2,047,937 18,875 11,329 7,546 11,329 0 7,546
BRIGGS & STRATTON COR COMMON 109043109 635,250 11,000 11,000 11,000 0 0
BRISTOL MYERS SQUIBB COMMON 110122108 3,748,684 53,220 41,620 11,600 41,620 0 11,600
CABOT INDL TR - COM S COMMON 127072106 2,371,500 111,600 111,600 111,600 0 0
CATERPILLAR INC COMMON 149123101 293,760 4,896 4,896 4,896 0 0
CBS CORPORATION COMMON 12490K107 306,724 7,041 7,041 7,041 0 0
CHEMFAB CORP COM COMMON 16361L102 1,938,606 106,590 106,590 106,590 0 0
CHEVRON CORP COMMON 166751107 933,704 9,822 5,622 4,200 5,622 0 4,200
CHUBB CORP COMMON 171232101 2,564,550 36,900 36,900 36,900 0 0
CISCO SYS INC COMMON 17275R102 418,347 6,486 6,486 6,486 0 0
COCA COLA CO COMMON 191216100 787,400 12,700 12,700 12,700 0 0
COLGATE PALMOLIVE CO COMMON 194162103 591,000 12,000 12,000 0 0 12,000
CORNING INC COMMON 219350105 3,654,915 52,120 52,120 52,120 0 0
CROWN PACIFIC PTRS L. COMMON 228439105 2,124,000 94,400 86,900 7,500 86,900 0 7,500
CSG SYS INTL INC COMMON 126349109 301,994 11,532 11,532 11,532 0 0
C-NET INC DEL COMMON 125945105 207,450 3,600 3,600 3,600 0 0
DEERE & CO COMMON 244199105 391,875 10,000 10,000 10,000 0 0
DISNEY WALT PRODTNS COMMON 254687106 364,758 11,838 11,838 0 0 11,838
DOCUNET INC. CDT-PFD COMMON 25616A200 26,562 12,500 12,500 12,500 0 0
DOVER CORP COMMON 260003108 1,855,000 53,000 53,000 53,000 0 0
DU PONT E I DE NEMOUR COMMON 263534109 433,170 6,341 6,341 6,341 0 0
E TOWN COM COMMON 269242103 665,068 14,537 14,537 14,537 0 0
ELECTRONIC DATA SYSTE COMMON 285661104 430,350 7,600 7,600 7,600 0 0
EXXON CORP COMMON 302290101 4,007,492 51,961 45,961 6,000 45,961 0 6,000
FED HOME LN MTG CP-VT COMMON 313400301 1,850,200 31,900 17,000 14,900 17,000 0 14,900
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FEDERAL NAT MORTGAGE COMMON 313586109 1,078,350 15,800 15,800 15,800 0 0
FIRST UNION CORP COMMON 337358105 768,137 16,300 16,300 16,300 0 0
GEMSTAR INTERNATIONAL COMMON G3788V106 214,412 3,286 3,286 3,286 0 0
GENERAL ELECTRIC COMP COMMON 369604103 7,553,711 66,847 59,447 7,400 59,447 0 7,400
GILLETTE CO COMMON 375766102 714,835 17,435 3,235 14,200 3,235 0 14,200
GTE CORP COMMON 362320103 756,888 10,025 4,310 5,715 4,310 0 5,715
HEWLETT PACKARD CO COMMON 428236103 278,887 2,775 2,775 2,775 0 0
INTEL CORP COMMON 458140100 675,920 11,360 11,360 11,360 0 0
INTERNATIONAL BUSINES COMMON 459200101 896,478 6,936 6,936 6,936 0 0
INTERPUBLIC GROUP COS COMMON 460690100 346,673 8,004 8,004 8,004 0 0
JEFFERSON PILOT CORP COMMON 475070108 297,844 4,500 4,500 4,500 0 0
JOHNSON & JOHNSON COMMON 478160104 2,391,200 24,400 24,400 24,400 0 0
LEHMAN BROS HLDGS INC COMMON 524908100 272,107 4,380 4,380 4,380 0 0
LOEWS CORP COMMON 540424108 240,065 3,034 3,034 3,034 0 0
MALLINCKRODT INC NEW COMMON 561232109 2,215,238 60,900 52,400 8,500 52,400 0 8,500
MEDIAONE GROUP INC CO COMMON 58440J104 584,885 7,864 7,864 7,864 0 0
MEDIAONE GROUP INC PF PREFERR 58440J203 1,009,736 6,740 6,740 6,740 0 0
MELLON BANK CORP COMMON 585509102 509,250 14,000 8,000 6,000 8,000 0 6,000
MERCK & CO COMMON 589331107 4,951,502 67,253 60,053 7,200 60,053 0 7,200
MILLIPORE CORP COMMON 601073109 486,750 12,000 12,000 12,000 0 0
MINNESOTA MNG & MFG C COMMON 604059105 1,026,297 11,805 7,725 4,080 7,725 0 4,080
MOBIL CORP COMMON 607059102 3,412,998 34,562 34,562 34,562 0 0
MORGAN J.P. & CO INC COMMON 616880100 591,927 4,213 3,213 1,000 3,213 0 1,000
MOTOROLA INC COMMON 620076109 578,070 6,101 6,101 6,101 0 0
NCT GROUP INC - COM COMMON 62888Q109 33,891 144,600 144,600 144,600 0 0
NESTLE SA SPONSORED A FOREIGN 641069406 216,600 2,400 2,400 2,400 0 0
NEWELL RUBBERMAID INC COMMON 651229106 3,700,725 79,800 71,300 8,500 71,300 0 8,500
NORFOLK SOUTHN CORP COMMON 655844108 701,250 23,278 23,278 23,278 0 0
NORTHERN TRUST CORP COMMON 665859104 407,400 4,200 4,200 4,200 0 0
NUI CORP COMMON 629430109 502,675 20,107 20,107 20,107 0 0
PALL CORP COMMON 696429307 233,612 10,529 10,529 10,529 0 0
PEPSICO INC COMMON 713448108 598,883 15,480 7,480 8,000 7,480 0 8,000
PFIZER INC COMMON 717081103 240,890 6,630 6,630 6,630 0 0
PHILIP MORRIS COS INS COMMON 718154107 376,235 9,362 9,362 9,362 0 0
PLUM CREEK TIMBER CO COMMON 729237107 1,627,988 52,200 52,200 52,200 0 0
POTASH CORP SASK INC COMMON 73755L107 2,623,725 50,700 45,200 5,500 45,200 0 5,500
PRISON RLTY CORP COM COMMON 74264N105 1,611,997 164,280 164,280 164,280 0 0
PROCTER & GAMBLE CO COMMON 742718109 4,223,756 47,325 47,325 47,325 0 0
PROVIDIAN FINL CORP COMMON 74406A102 839,250 9,000 9,000 9,000 0 0
READERS DIGEST ASSN I COMMON 755267101 1,673,475 42,100 42,100 42,100 0 0
REGIS CORP MINN COMMON 758932107 4,858,659 253,220 238,370 14,850 238,370 0 14,850
ROYAL DUTCH PETRO-NY COMMON 780257804 1,945,713 32,294 32,294 32,294 0 0
SBC COMMUNICATIONS, I COMMON 78387G103 355,656 6,132 6,132 6,132 0 0
SCHLUMBERGER COMMON 806857108 1,525,061 23,946 23,946 23,946 0 0
SIGMA ALDRICH CORP COMMON 826552101 1,608,231 46,700 46,700 46,700 0 0
SPDR TR UNIT SER 1 COMMON 78462F103 493,200 3,600 3,600 3,600 0 0
TEXACO INC COMMON 881694103 685,813 10,995 10,995 10,995 0 0
TIME WARNER INC COMMON 887315109 3,449,688 47,500 47,500 47,500 0 0
TRICO MARINE SVCS INC COMMON 896106101 138,469 21,100 21,100 21,100 0 0
TYCO INTL LTD NEW COM COMMON 902124106 284,250 3,000 3,000 3,000 0 0
UNION PAC CORP COMMON 907818108 233,133 3,998 3,998 3,998 0 0
UNITED WTR RES INC COMMON 913190104 464,527 20,475 20,475 20,475 0 0
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US BANCORP COMMON 902973106 540,675 16,200 4,200 12,000 4,200 0 12,000
VIACOM INC CL B COMMON 925524308 3,577,200 81,300 81,300 81,300 0 0
VODAFONE GROUP PLC SP COMMON 92857T107 1,367,672 6,942 3,542 3,400 3,542 0 3,400
WARNER LAMBERT CO COMMON 934488107 317,975 4,600 4,600 4,600 0 0
WELLS FARGO NEW COMMON 949746101 327,465 7,660 1,660 6,000 1,660 0 6,000
ZEMEX CDA CORP COM COMMON 988910105 118,252 18,733 18,733 18,733 0 0
TOTAL 133,247,777 3,014,933 2,791,098 0 223,835
</TABLE>
00146001.AM6
