Gamble, Jones, Morphy & Bent
301 E. Colorado Boulevard, Suite 802
Pasadena, CA 91101
(626) 795-7583
May 13, 1999
13F HR Filing for Quarter Ending 3/31/99
SEC File # 801-36855
Reporting Manager: Christopher E. Morphy
Investment Managers:
1. Christopher E. Morphy, Reporting Manager
2. James N. Gamble
3. Thomas S. Jones
4. Thomas W. Bent
5. David M. Davis
6. Russell K. Meacham
7. Dennis D. Slattery
8. Gary A. Pulford
9. John N. Wood
10. A.M. Clifford II
11. Donald W. Chatelain
12. Alison B. Jones
13. Ashley A. Jones
Christopher E. Morphy
Information contained herein is true and correct.
Gamble, Jones, Morphy & Bent
301 E. Colorado Boulevard, Suite 802
Pasadena, CA 91101
(626) 795-7583
May 13, 1999
13F HR Filing for Quarter Ending 3/31/99
SEC File # 801-36855
Reporting Manager: Christopher E. Morphy
Summary:
Number of Other Included Managers: 10
Form 13F Information Table Entry Total: 180
Form 13F Information Table Value Total: $1031219
<TABLE>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AFLAC Corp. COMM 001055102 204 3750 SH DEFINED 01 03 3750
AMP, Inc COMM 044907103 600 11218 SH DEFINED 06 07 03 11218
AT&T Corp. COMM 001957109 3350 41979 SH DEFINED 03 01 08 07 41979
Abbott Laboratories COMM 002824100 31956 682632 SH DEFINED 03 01 12 06 682632
Adams Express COMM 006212104 870 32086 SH DEFINED 07 04 32086
AirTouch Comm. COMM 00949T100 767 7942 SH DEFINED 01 03 12 04 7942
Alamitos Land Company COMM 420 4200 SH DEFINED 03 4200
Albemarle COMM 012653101 505 24118 SH DEFINED 01 03 24118
Albertson's, Inc. COMM 013104104 1017 18685 SH DEFINED 05 06 03 04 18685
Alcoa Inc. COMM 013817101 225 5460 SH DEFINED 03 05 5460
Allied Signal Inc. COMM 019512102 3382 68764 SH DEFINED 07 04 06 02 68764
Allstate Corp. COMM 020002101 741 19996 SH DEFINED 07 06 03 01 19996
American Express COMM 025816109 1146 9732 SH DEFINED 04 03 07 08 9732
American General Corp. COMM 026351106 352 5000 SH DEFINED 03 5000
American Home Products COMM 026609107 33008 505865 SH DEFINED 02 12 03 07 505865
American Intl Group COMM 026874107 4593 38076 SH DEFINED 07 01 06 04 38076
American Power Conversion Corp COMM 029066107 270 10000 SH DEFINED 03 10000
Ameritech COMM 030954101 700 12147 SH DEFINED 07 06 01 04 12147
Amgen COMM 031162100 202 2700 SH DEFINED 01 07 12 08 2700
Anheuser Busch COMM 035229103 2376 31208 SH DEFINED 06 03 04 01 31208
Associates First Capital COMM 046008108 3273 72741 SH DEFINED 03 01 07 08 72741
Atlantic Richfield COMM 048825103 5539 75751 SH DEFINED 03 06 07 04 75751
Automatic Data Processing COMM 053015103 1156 27940 SH DEFINED 06 03 04 12 27940
Avery Dennison Corp. COMM 053611109 2758 47968 SH DEFINED 04 06 01 03 47968
BB&T Corp COMM 088906102 1 10872 SH DEFINED 03 10872
BP Amoco COMM 055622104 12314 121923 SH DEFINED 07 02 12 03 121923
Bank of New York COMM 064057102 384 10696 SH DEFINED 06 10696
BankAmerica Corp COMM 060505104 6091 86248 SH DEFINED 07 01 06 04 86248
Bell Atlantic COMM 077853109 896 17331 SH DEFINED 07 06 03 04 17331
Bell South Corp COMM 079860102 1079 26944 SH DEFINED 07 01 04 03 26944
Berkshire Hathaway COMM 084670108 785 11 SH DEFINED 07 01 03 11
Berkshire Hathaway B COMM 084670207 899 382 SH DEFINED 07 04 08 01 382
Best Foods International COMM 08658U101 267 5680 SH DEFINED 06 04 03 5680
Block (H & R) COMM 093671105 634 13375 SH DEFINED 03 07 06 12 13375
Boeing COMM 097023105 1280 37638 SH DEFINED 07 03 08 06 37638
Bristol-Myers Squibb COMM 110122108 38555 601247 SH DEFINED 03 02 01 12 601247
Burlington Northern COMM 12189T104 689 20962 SH DEFINED 01 02 05 20962
Burlington Resources COMM 122014103 572 14332 SH DEFINED 01 02 03 14332
Business Bank of California COMM 123240103 211 16420 SH DEFINED 01 16420
CIGNA Corp COMM 125509109 4824 57557 SH DEFINED 03 02 01 57557
Cabletron Sys Inc COMM 126920107 409 50000 SH DEFINED 03 50000
Campbell Soup COMM 134429109 1778 43698 SH DEFINED 04 01 03 43698
Carnival Corp. Cl `A' COMM 143658102 461 9500 SH DEFINED 06 04 9500
Caterpillar Tractor COMM 149123101 911 19839 SH DEFINED 07 03 01 02 19839
Chase Manhattan Corp COMM 16161A108 264 3244 SH DEFINED 01 06 05 3244
Chevron Inc COMM 166751107 10808 121779 SH DEFINED 07 02 08 03 121779
Church & Dwight COMM 171340102 869 21333 SH DEFINED 03 21333
Cisco Systems COMM 17275R102 12605 115049 SH DEFINED 03 01 12 06 115049
Clorox COMM 189054109 3049 26021 SH DEFINED 04 07 03 26021
Coca Cola COMM 191216100 10218 166485 SH DEFINED 01 08 06 04 166485
Colgate-Palmolive COMM 194162103 1543 16774 SH DEFINED 06 04 03 07 16774
Compaq Computer COMM 204493100 1944 61360 SH DEFINED 03 12 04 08 61360
Comparator Systems COMM 8 766667 SH DEFINED 08 766667
Computer Associates Intl COMM 204912109 431 12117 SH DEFINED 03 04 12 12117
Conagra Inc. COMM 205887102 1202 46900 SH DEFINED 12 46900
Consolidated Natural Gas COMM 209615103 619 12708 SH DEFINED 03 07 06 01 12708
Cooper Industries COMM 216669101 1180 27690 SH DEFINED 04 27690
Costco Companies COMM 22160Q102 305 3332 SH DEFINED 01 04 08 12 3332
Deere & Company COMM 244199105 1483 38400 SH DEFINED 03 05 38400
Disney, Walt COMM 254687106 2749 88328 SH DEFINED 01 08 06 03 88328
Dow Chemical COMM 260543103 3930 42168 SH DEFINED 07 03 01 04 42168
DuPont, E.I. COMM 263534109 5213 89776 SH DEFINED 07 01 05 03 89776
Duke Energy COMM 264399106 223 4066 SH DEFINED 07 4066
Dun & Bradstreet COMM 26483B106 1636 45911 SH DEFINED 03 01 06 07 45911
EMC Corp. Mass COMM 268648102 2088 16345 SH DEFINED 03 01 12 04 16345
Eastman Chemical Co. COMM 277432100 247 5866 SH DEFINED 03 12 01 02 5866
Eastman Kodak COMM 277461109 3508 54920 SH DEFINED 02 03 04 07 54920
Edison International COMM 281020107 1515 68069 SH DEFINED 07 03 04 02 68069
Emerson Electric COMM 291011104 16745 316307 SH DEFINED 03 01 12 04 316307
Ethyl Corp COMM 297659104 205 48236 SH DEFINED 01 03 48236
Exxon COMM 302290101 22858 323942 SH DEFINED 07 03 04 01 323942
FDX Corp. COMM 31304N107 1330 14300 SH DEFINED 07 04 06 03 14300
FPL Group COMM 302571104 233 4372 SH DEFINED 03 4372
Fannie Mae COMM 313586109 2183 31520 SH DEFINED 07 04 03 01 31520
First American Corp. COMM 318900107 844 22887 SH DEFINED 01 22887
First Energy Corp COMM 337932107 334 11933 SH DEFINED 01 03 11933
First Tenn. National Corp. COMM 337162101 227 6200 SH DEFINED 07 01 6200
First Union COMM 337358105 304 5689 SH DEFINED 08 07 01 12 5689
Fleet Financial COMM 338915101 1441 38300 SH DEFINED 04 03 05 01 38300
Ford Motor Co. COMM 345370100 1173 20690 SH DEFINED 07 01 04 03 20690
Freddie Mac COMM 313400301 1001 17470 SH DEFINED 06 04 07 05 17470
GTE Corp COMM 362320103 1349 22303 SH DEFINED 07 03 01 08 22303
Gannett Inc. COMM 364730101 1814 28794 SH DEFINED 04 01 07 02 28794
General Electric COMM 369604103 75749 684736 SH DEFINED 03 07 02 12 684736
General Motors COMM 370442105 997 11465 SH DEFINED 07 02 01 08 11465
Genuine Parts COMM 372460105 2768 96066 SH DEFINED 03 07 12 04 96066
Gillette Co COMM 375766102 971 16335 SH DEFINED 06 01 07 03 16335
Golden State Bancorp COMM 381197102 221 9947 SH DEFINED 08 07 9947
Gulf Canada Resources COMM 40218L305 457 170000 SH DEFINED 03 170000
Heinz, H.J. COMM 423074103 4866 102719 SH DEFINED 01 07 06 02 102719
Hewlett-Packard COMM 428236103 6948 102456 SH DEFINED 07 03 08 04 102456
Home Depot COMM 437076102 300 4826 SH DEFINED 04 08 07 03 4826
Honeywell COMM 438506107 711 9376 SH DEFINED 04 03 9376
IMS Health Inc. COMM 449934108 1532 46244 SH DEFINED 03 01 06 07 46244
Illinois Tool Works COMM 452308109 297 4793 SH DEFINED 04 05 4793
Ingram Micro Inc. COMM 457153104 330 14450 SH DEFINED 08 14450
Intel Corp COMM 458140100 8792 73959 SH DEFINED 07 03 01 08 73959
Interpublic Group COMM 460690100 1066 13692 SH DEFINED 06 04 03 13692
Intl Bus Machines COMM 459200101 12112 68336 SH DEFINED 07 02 03 12 68336
Intl Flavors/Fragrances COMM 459506101 408 10849 SH DEFINED 07 01 06 12 10849
JG Boswell COMM 101205102 572 500 SH DEFINED 01 500
Johnson & Johnson COMM 478160104 22059 235926 SH DEFINED 03 07 01 08 235926
Kellogg Co COMM 487836108 236 6968 SH DEFINED 01 06 03 07 6968
Kimberly Clark COMM 494368103 2247 46877 SH DEFINED 07 04 05 01 46877
Lilly, Eli & Co COMM 532457108 5787 68181 SH DEFINED 03 07 12 01 68181
Lincoln National Corp. COMM 534187109 337 3408 SH DEFINED 01 05 3408
Liz Claiborne COMM 539320101 385 11800 SH DEFINED 04 12 03 11800
Lowes Companies COMM 548661107 203 3355 SH DEFINED 04 05 01 3355
Lucent Technologies COMM 549463107 4285 39675 SH DEFINED 01 03 06 04 39675
MAI Systems Corp COMM 552620205 18 10000 SH DEFINED 08 10000
MBIA, Inc. COMM 55262C100 251 4332 SH DEFINED 07 04 01 4332
MBNA Corp. COMM 55262L100 308 12917 SH DEFINED 08 03 12917
Marsh & McLennan COMM 571748102 356 4792 SH DEFINED 07 04 4792
May Dept Stores COMM 577778103 241 6150 SH DEFINED 03 07 05 6150
McDonalds COMM 580135101 3108 68596 SH DEFINED 06 01 04 03 68596
Media One COMM 58440J104 238 3754 SH DEFINED 01 08 03 3754
Medtronic Inc. COMM 585055106 1142 15885 SH DEFINED 04 06 01 08 15885
Mellon Bank COMM 585509102 416 5908 SH DEFINED 08 01 03 5908
Merck COMM 589331107 29394 366850 SH DEFINED 07 03 01 08 366850
Microsoft Corp. COMM 594918104 16323 182128 SH DEFINED 01 03 08 06 182128
Minn Mining & Mfg COMM 604059105 12794 180837 SH DEFINED 07 02 03 12 180837
Mobil Corp COMM 607059102 8223 93442 SH DEFINED 02 12 03 06 93442
Monsanto Co COMM 611662107 2468 53733 SH DEFINED 03 04 12 01 53733
Morgan Stanley Dean Witter COMM 617446448 468 4680 SH DEFINED 03 01 07 02 4680
Morgan, J.P. COMM 616880100 1571 12736 SH DEFINED 07 01 06 03 12736
Motorola Inc COMM 620076109 3412 46582 SH DEFINED 06 03 07 08 46582
New Plan Excel Realty COMM 648053106 273 14250 SH DEFINED 12 07 01 14250
Nordstrom COMM 655664100 1942 47520 SH DEFINED 01 03 06 02 47520
Norfolk Southern Corp COMM 655844108 407 15435 SH DEFINED 07 03 01 02 15435
Oracle Corp. COMM 68389X105 2816 106761 SH DEFINED 03 01 04 05 106761
PACCAR, Inc. COMM 693718108 693 16814 SH DEFINED 06 16814
PNC Bank Corp. COMM 693475105 331 5950 SH DEFINED 07 03 5950
PPG Industries COMM 693506107 1351 26360 SH DEFINED 07 04 03 01 26360
Pacific Gas & Electric COMM 69331C108 600 19304 SH DEFINED 03 12 01 04 19304
Penney (J.C.) COMM 708160106 1228 30316 SH DEFINED 02 03 07 01 30316
PepsiCo COMM 713448108 5054 128978 SH DEFINED 03 02 01 08 128978
Pfizer, Inc COMM 717081103 23452 169023 SH DEFINED 03 01 04 06 169023
Philip Morris COMM 718154107 5253 149295 SH DEFINED 01 03 06 07 149295
Phillips Petroleum COMM 718507106 532 11262 SH DEFINED 06 04 03 02 11262
Procter & Gamble COMM 742718109 353855 3613072 SH DEFINED 03 02 01 12 3613072
Provident Financial COMM 743868101 166 10000 SH DEFINED 08 10000
Quaker Oats COMM 747402105 726 11665 SH DEFINED 04 01 07 11665
Raytheon Co COMM 755111408 657 11200 SH DEFINED 01 02 05 11200
Reuters Group COMM 76132M102 6877 79155 SH DEFINED 01 03 12 06 79155
Royal Dutch Petroleum COMM 780257804 2097 40331 SH DEFINED 07 06 04 03 40331
SBC Communications COMM 78387G103 3499 74154 SH DEFINED 08 03 05 07 74154
Salomon Brothers Fund COMM 795477108 756 42461 SH DEFINED 04 07 42461
Sara Lee Corporation COMM 803111103 1159 46846 SH DEFINED 04 05 01 03 46846
Schering Plough COMM 806605101 4388 79428 SH DEFINED 03 01 12 06 79428
Schlumberger Ltd COMM 806857108 8679 144193 SH DEFINED 07 03 01 08 144193
Sears, Roebuck COMM 812387108 401 8883 SH DEFINED 01 03 02 06 8883
SmithKline Beecham COMM 832378301 5654 79076 SH DEFINED 04 03 12 01 79076
Standard & Poor's Dep Receipts COMM 78462F103 1146 8930 SH DEFINED 07 08 8930
Staples Inc. COMM 855030102 845 25705 SH DEFINED 04 06 25705
State Street Corp. COMM 857477103 3190 38780 SH DEFINED 03 06 01 04 38780
Sun Microsystems COMM 866810104 6103 48800 SH DEFINED 03 01 04 05 48800
Sysco Corp COMM 871829107 2332 88642 SH DEFINED 04 05 06 03 88642
Systems of Excellence, Inc. COMM 87203C105 0 10350 SH DEFINED 06 10350
TCW/DW Term Trust 2000 COMM 87234V106 181 18803 SH DEFINED 04 08 18803
Texaco COMM 881694103 492 8674 SH DEFINED 06 01 12 02 8674
Texas Instruments COMM 882508104 536 5404 SH DEFINED 04 06 07 03 5404
Three Com COMM 885535104 1246 53435 SH DEFINED 03 01 08 12 53435
Times Mirror COMM 887364107 296 5470 SH DEFINED 03 06 05 5470
Tri-Continental Corp. COMM 895436103 863 29773 SH DEFINED 04 07 29773
Tribune, Inc COMM 896047107 279 4258 SH DEFINED 12 03 4258
Tricon Corp COMM 895953107 319 4535 SH DEFINED 01 07 02 12 4535
US West Commun Group COMM 91273H101 256 4655 SH DEFINED 01 07 04 08 4655
Unilever New York Shares COMM 904784709 769 11580 SH DEFINED 07 01 04 03 11580
Union Pacific COMM 907818108 494 9240 SH DEFINED 01 06 03 02 9240
Unocal Corp COMM 915289102 2903 78725 SH DEFINED 03 01 02 12 78725
Utics Corp. COMM 918004102 0 10000 SH DEFINED 07 10000
Vodafone COMM 92857T107 6307 33595 SH DEFINED 01 06 04 03 33595
Wal-Mart Stores COMM 931142103 1941 21055 SH DEFINED 06 01 03 07 21055
Walgreen COMM 931422109 8038 284528 SH DEFINED 03 12 08 284528
Warner-Lambert COMM 934488107 26652 402300 SH DEFINED 02 12 03 01 402300
Washington Mutual COMM 939322103 437 10691 SH DEFINED 08 01 10691
Wells Fargo COMM 949746101 1037 29588 SH DEFINED 07 04 08 01 29588
Western Bancorp COMM 957683105 559 18075 SH DEFINED 08 01 18075
Weyerhaeuser COMM 962166104 2480 44676 SH DEFINED 02 03 06 12 44676
Xerox COMM 984121103 1169 22418 SH DEFINED 03 06 01 12 22418
</TABLE>
