Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: ____9/30/99_____
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: __Bowman Financial Management Co., Inc.___
Address: __1013 N. Calvert Street__________________
__Baltimore, MD. 21202____________________
__________________________________________
Form 13F File Number: 28-____________
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: ___Bernard Smith__________________________
Title: __System Administrator___________________
Phone: __410-685-0234___________________________
Signature, Place, and Date of Signing:
_Bernard Smith_______ _Baltimore, Maryland________ __11/15/99_
[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 here if no holdings reported are in this
report, and all holdings are reported by other reporting
manager(s).)
[ ] 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.]
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: ___None______
Form 13F Information Table Entry Total: ____246_______
Form 13F Information Table Value Total: $_124,414,201.45_
(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-____________ ________
Form 13F INFORMATION TABLE
Name CLASS CUSIP Value AMT Inv.Desc. Other Man. Author.
DSC Comm CV 233311AC3 15,075.01 15,000 Y N Sole
Charming Shoppes CV 161133AA1 115,156.25 125,000 Y N Sole
Noram Energy CV 655419AC 340,400.00 370,000 Y N Sole
Pennzenergy Co. CV 70931QAA1 29,475.00 30,000 Y N Sole
Beth Steel $5 Cvt. CP 087509303 65,520.00 1,280 Y N Sole
Cendant Corp PFD I CP 151313301 247,031.25 8,500 Y N Sole
Conseco 7% Cvt. Pfd CP 208464602 45,684.38 1,650 Y N Sole
Equity Residential CP 29476l107 37,625.00 1,400 Y N Sole
MCN Engy GP Feline CP 55267J308 578,025.00 18,350 Y N Sole
Medpartners Inc. CP 58503X206 184,781.25 21,900 Y N Sole
Protective Life CP 743674202 1,857,315.63 38,050 Y N Sole
General Motors Corp PS 37044280 27,312.50 1,000 Y N Sole
1st United Capital PS 33741F200 109,000.00 10,900 Y N Sole
Ascent Entertain. CS 043491109 660.00 48 Y N Sole
Infinity Broadcast CS 45662s102 1,755,818.75 59,900 Y N Sole
Boeing CS 097023105 25,575.00 600 Y N Sole
Campbell Soup Co. CS CPB 7,825.00 200 Y N Sole
Cendent Corp. CS 151313103 5,271.75 297 Y N Sole
Charming Shoppes CS 161133103 7,687.50 1,500 Y N Sole
Circuit City CS 172737108 43,875.00 1,040 Y N Sole
Delphi Auto Sys CS DPH 1,108.32 69 Y N Sole
Dollar General CS 256669102 1,965,020.08 63,645 Y N Sole
Eastman Kodak CS 277461109 137,032.50 1,812 Y N Sole
Ford Motor CS 345370100 242,707.50 4,830 Y N Sole
Gainsco Inc. CS 363127101 618.75 100 Y N Sole
Gap Inc. CS 364760108 21,600.00 675 Y N Sole
General Motors CS 370442832 6,293.75 100 Y N Sole
Gillette Company CS 375766102 1,227,790.88 36,178 Y N Sole
Home Depot CS 43707610 466,650.00 6,800 Y N Sole
Intl. Remote Imag. CS 460259500 562.50 500 Y N Sole
Kimberly Clark CS 494368103 5,275.00 100 Y N Sole
Limited CS 532716107 1,912.50 50 Y N Sole
Lowes Companies Inc CS 548661107 39,000.00 800 Y N Sole
Marriott Intl. Cl. CS 532716107 6,537.50 200 Y N Sole
May Department CS 577778103 5,465.63 150 Y N Sole
NCR CS 62886E108 768,736.19 23,251 Y N Sole
Newell Rubbermaid CS 651229106 12,750.00 300 Y N Sole
Philip Morris Co CS 718154107 35,896.88 1,050 Y N Sole
Poloroid Corp. CS PRD 364.00 14 Y N Sole
Proctor & Gamble CS 74271810 2,156,343.75 23,001 Y N Sole
Raytheon Co. CS 755111408 291.00 6 Y N Sole
Rite Aid Corp. CS 767754104 78,731.25 5,700 Y N Sole
Service Masters Ltd CS 81760N109 1,177,268.82 73,293 Y N Sole
Sylvan Learning Ctr CS 871399101 234,437.50 12,100 Y N Sole
Syquest Technology CS SYQTQ 35.00 1,000 y N Sole
Tandy Corp. CS 875382103 3,101.25 60 Y N Sole
Too, Inc. CS TOO 125.51 7 Y N Sole
Toys R Us CS 892335100 1,500.00 100 Y N Sole
Tribune Co. New CS 896047107 62,187.50 1,250 Y N Sole
Wal-Mart Stores Inc CS 93114210 4,080,577.13 85,794 Y N Sole
Walgreen CS 931422109 208,075.00 8,200 Y N Sole
Walt Disney CS 254687106 348,582.00 13,407 Y N Sole
AVX Electrical CS 002444107 175,625.00 5,000 Y N Sole
Allied Signal CS 019512102 500,478.13 8,350 Y N Sole
Anerican Tower Corp CS 029912201 749,675.00 38,200 Y N Sole
ADP CS 053015103 1,527,496.64 34,230 Y N Sole
Checkpoint Systems CS 162825103 23,281.25 2,500 Y N Sole
Cognex Corp. CS 192422103 6,037.50 200 Y N Sole
Computer Science CS 205363104 3,216,796.88 45,750 Y N Sole
Du Pont E I De CS 263534109 246,840.00 4,080 Y N Sole
Eastman Chemical CS 277432100 19,538.75 490 Y N Sole
Electronic Data Sys CS 285661104 654,095.75 12,356 Y N Sole
Emerson Electric CS 29101110 2,552,964.57 40,403 Y N Sole
Fluor CS FLU 4,025.00 100 Y N Sole
Fritz Trans. CS 358846103 1,037.50 100 Y N Sole
General Electric CS 369604103 5,210,110.50 43,944 Y N Sole
Grainger WW CS 384802104 211,475.00 4,400 Y N Sole
Harsco Corp CS 415864107 3,453.13 125 Y N Sole
Imation CS 45245a107 12,400.00 400 Y N Sole
Manpower CS 56418h100 765,434.13 26,281 Y N Sole
3M CS 604059105 1,002,796.44 10,439 Y N Sole
Molex Inc. CS 608554101 36,375.00 1,000 Y N Sole
Molex Inc. Class A CS 608554200 605,421.43 18,701 Y N Sole
Monsanto Co. CS MTC 10,706.25 300 Y N Sole
N S Group Inc. CS 628916108 9,675.00 900 Y N Sole
Olsten Corp CS 681385100 11,857.00 1,136 Y N Sole
Robert Half CS 770323103 150,432.50 6,334 Y N Sole
Interpublic Group CS 460690100 1,054,856.25 25,650 Y N Sole
Tyco Intl. LTD CS 902124106 415,994.25 4,029 Y N Sole
United Technologies CS 913017109 11,862.50 200 Y N Sole
Waste Management CS WMI 1,925.00 100 Y N Sole
Xerox Corp. CS 98412110 797,399.63 19,014 Y N Sole
Modis Services CS 607830106 1,181,900.00 89,200 Y N Sole
Abbott Laboratories CS 00282410 2,662,008.32 72,559 Y N Sole
Aetna Inc. CS 008117103 791,237.21 16,066 Y N Sole
American Home Prod. CS 026609107 267,260.00 6,440 Y N Sole
Amgen CS 031162100 1,797,075.00 22,050 Y N Sole
Baxter Intl. CS 071813109 6,025.00 100 Y N Sole
Biomet, Inc. CS 0806131D0 1,315.63 50 Y N Sole
Boston Scientific CS 101137107 9,900.00 400 Y N Sole
Bristol Myers CS 110122108 1,121,850.00 16,620 Y N Sole
Cardinal Health CS 14149Y10 1,923,305.00 35,290 Y N Sole
Chesapeake Bio. Lab CS 165146101 1,755.00 585 Y N Sole
Columbia/HCA Health CS 197677107 49,748.25 2,348 Y N Sole
Cytogen Corporation CS CYTO 400.00 200 Y N Sole
Glaxo Holdings PLC CS 37733W105 5,772.00 111 Y N Sole
Imaging Technology CS 45244U104 750.00 2,000 Y N Sole
Intergrated Systems CS 45812M104 6,112.50 600 Y N Sole
Johnson & Johnson CS 47816010 2,505,427.64 27,270 Y N Sole
Lifepoint Hospital CS LPNT 721.07 83 Y N Sole
Lilly CS 532457108 317,728.13 4,950 Y N Sole
Matria Healthcare CS 576817100 587.50 100 Y N Sole
Matritech Inc. CS 2,062.50 1,000 Y N Sole
MedPartners CS 58503X107 21,000.00 3,000 Y N Sole
Medtronics, Inc. CS 85055106 92,462.50 2,600 Y N Sole
Merck & Co. CS 589331107 736,529.25 11,364 Y N Sole
Networks Assoc.Inc. CS 640938106 4,303.13 225 Y N Sole
Pfizer CS 717081103 631,615.25 17,606 Y N Sole
Responics CS 761230101 486.75 59 Y N Sole
Schering Plough CS 806605101 55,840.00 1,280 Y N Sole
Smithkline Beecham CS SBH 32,615.75 566 Y N Sole
Tenet Healthcare CS THC 4,039.38 230 Y N Sole
Triad Hospitals CS TRIH 840.38 83 Y N Sole
Trigon Healthcare CS 89618L100 140,400.00 4,800 Y N Sole
United Healthcare CS 910581107 326,206.25 6,700 Y N Sole
Warner-lambert CS 934488107 44,670.38 673 Y N Sole
Apple Computer CS 037833100 112,569.63 1,778 Y N Sole
Atmel Corp CS 04951310 578,193.75 17,100 Y N Sole
Cisco Systems CS 17275R102 2,144,909.25 31,284 Y N Sole
Compaq Computers CS 20449310 1,316,456.25 57,550 Y N Sole
Computer Associates CS 204912109 9,168.75 150 Y N Sole
EMC Corp. CS 268648102 171,300.00 2400 Y N Sole
Glenayre Tech. CS 377899109 150.00 50 Y N Sole
Hewlett Packard CS 428236103 2,703,079.50 29,786 Y N Sole
Honeywell Inc CS 438506107 183,665.63 1,650 Y N Sole
IBM CS 459200101 1,910,351.97 15,789 Y N Sole
Intel Corp. CS 45814010 1,226,453.50 16,504 Y N Sole
Nicrosoft Corp CS 59491810 2,289,420.00 25,280 Y N Sole
Oracle Systems CS 68389X105 4,905,491.50 107,813 Y N Sole
Silicon Graphics CS 827056102 1,640.63 150 Y N Sole
Vishay CS 928298108 8,371.88 353 Y N Sole
Anheuser-Busch CS 035229103 19,197.13 274 Y N Sole
Coca Cola Corp. CS 191216100 245,351.25 5,085 Y N Sole
Hershey Foods CS 427866108 121,718.75 2,500 Y N Sole
McCormick & Co CS 579780206 29,756.25 900 Y N Sole
McDonald's Corp CS 58013510 422,812.00 9,776 Y N Sole
Nestle SA Sponsored CS 641069406 14,094.60 150 Y N Sole
Pepsi Company CS 713448108 256,810.00 8,420 Y N Sole
Sara Lee Corp CS 803111103 745,662.50 31,900 Y N Sole
Shoneys Inc. CS SHN 193.75 100 Y N Sole
Sysco Corp CS 87182910 1,510,492.50 43,080 Y N Sole
AT&T CS 001957109 859,560.00 19,760 Y N Sole
Ameritech Corp CS 030954101 69,687.00 1,044 Y N Sole
Bell Atlantic CS 077853109 704,088.75 10,460 Y N Sole
Bellsouth Corp. CS 079860102 1,205,460.00 26,788 Y N Sole
Cellpro Inc. CS 151156106 180.00 1,000 Y N Sole
Cinergy Corp CS 1742474108 12,740.63 450 Y N Sole
Comcast corp. CS 200300200 42,412.50 1,300 Y N Sole
Comstat Corp. CS CQ 2,962.50 100 Y N Sole
Connectiv CS 206829103 57,501.25 2,930 Y N Sole
Consolidated Edison CS ED 20,750.00 500 Y N Sole
DPL Inc. CS 23329310 45,684.00 2,592 Y N Sole
Firstenergy Corp CS 337932107 15,946.00 630 Y N Sole
Florida Progress CS 341109106 20,812.50 450 Y N Sole
GTE Corp CS 362320103 1,514,975.63 19,707 Y N Sole
Lucent Technologies CS 549463107 1,574,840.64 24,276 Y N Sole
Madison Gas & Elec. CS MDSN 6,171.19 311 Y N Sole
McGraw Hill Inc. CS 580643109 29,025.00 600 Y N Sole
Motorola Inc CS 620076109 1,113,000.00 12,875 Y N Sole
New century Ener. CS 643526103 15,882.82 475 Y N Sole
New York Times CS 650111107 41,625.00 1,110 Y N Sole
Niagra Mohawk Power CS 653522102 3,112.50 200 Y N Sole
OGE Energy Corp CS 670837103 22,250.00 1,000 Y N Sole
Potomac Electric CS 737679100 20,350.00 800 Y N Sole
Qwest Communcation CS QWST 23,900.00 800 Y N Sole
SBC Communications CS 78387G103 2,140,161.12 41,913 Y N Sole
Scana Corp. CS SCG 9,675.00 400 Y N Sole
Sprint Comm. CS 852061100 21,700.00 400 Y N Sole
Texas Utilities CS 882848104 22,387.50 600 Y N Sole
Vodafone Airtouch CS VOD 4,056,609.38 17,063 Y N Sole
Ameren Corp CS 023608102 45,375.00 1,200 Y N Sole
American Electric CS 025537101 37,537.50 1,100 Y N Sole
CBS Corp CS 960402105 11,100.00 240 Y N Sole
Constellation Gas CS 210371100 122,774.91 4,366 Y N Sole
Dominion Resources CS 257470104 40,544.82 899 Y N Sole
Duke Power Company CS 264399106 33,075.00 600 Y N Sole
New England Elect. CS 643872104 10,375.00 200 Y N Sole
Pinnacle west CS PNW 16,732.50 460 Y N Sole
Public Service Ent. CS 744573106 25,453.88 659 Y N Sole
Southern Company CS 842587107 44,702.00 1,736 Y N Sole
Unicom Corp CS 904911104 59,099.99 1,600 Y N Sole
Allegheny Energy CS 017361106 19,125.00 600 Y N Sole
Atlantic Richfield CS 048825103 26,587.50 300 Y N Sole
BP Amoco PLCS CS 055622104 176,191.88 1,590 Y N Sole
Chevron Corp CS 166751107 143,242.50 1,614 Y N Sole
Coastal Corp. CS 190441105 90,062.50 2,200 Y N Sole
Consolidated Gas CS 209615103 1,671,650.00 26,800 Y N Sole
Exxon Corp CS 30229010 2,314,352.00 30,452 Y N Sole
Halliburton Co CS 406216101 2,414,080.00 58,880 Y N Sole
KN Energy Inc CS 482620101 26,072.38 1,163 Y N Sole
MCN Energy CS 55267J100 101,406.25 5,900 Y N Sole
Mobil Corp CS 607059102 700,212.50 6,950 Y N Sole
Noble Affiliates CS 654894104 14,761.00 509 Y N Sole
Royal Dutch CS 780257804 306,947.82 5,197 Y N Sole
Schlumberger Ltd CS 806857108 77,890.63 1,250 Y N Sole
Texaco Inc CS 881694103 898,268.75 14,230 Y N Sole
Unocal CS 88169410 219,410.00 5,920 Y N Sole
Wash. Gas & Elec. CS 938837101 111,212.50 4,100 Y N Sole
Williams Co., Inc. CS 969457100 27,616.75 734 Y N Sole
AMR Corp. CS 001765106 27,587.90 507 Y N Sole
AQM Automotive Corp CS 001949106 440.00 2,000 Y N Sole
Burl.North.Santa Fe CS 12189T104 530,475.00 19,290 Y N Sole
CSX Corp CS 126408103 27,967.50 660 Y N Sole
Southwest Airlines CS 741108 10,251.57 675 Y N Sole
Sprint Corp Pcs CS 852061100 7,456.25 100 Y N Sole
Aflac Inc. CS 001055102 1,109,520.00 26,496 Y N Sole
Allied Capital Coml CS 019029107 17,950.00 800 Y N Sole
Allstate Insurance CS 020002101 101,545.50 4,072 Y N Sole
American Intern. CS 02687410 4,354,326.83 50,086 Y N Sole
Assoc.First Capital CS 046008108 77,544.00 2,154 Y N Sole
BB&T Corp CS 054937107 29,008.00 896 Y N Sole
Banc One CS 06423A103 69,276.88 1,990 Y N Sole
BankAmerica Corp CS 06605F102 1,626,239.77 29,203 Y N Sole
Capital One Finan. CS 14040H105 5,499.00 141 Y N Sole
Chase Manhattan CS CMB 45,225.00 600 Y N Sole
Cigna Corp CS CI 8,397.00 108 Y N Sole
Citigroup CS 17296701 1,935,207.01 43,982 Y N Sole
Duff and Phelps CS 264324104 14,531.25 1,500 Y N Sole
Fannie Mae CS 31358610 2,140,237.78 34,142 Y N Sole
Federal Home Loan CS 313400301 1,321,528.00 25,414 Y N Sole
First data Corp CS 319963104 1,649,743.88 37,601 Y N Sole
First Mariner Bank CS 320795107 10,862.50 1,100 Y N Sole
First Security Corp CS 336294108 36,099.94 1,518 Y N Sole
First Union Corp CS 337358105 672,208.13 18,869 Y N Sole
First Virginia Bank CS 337477103 744,918.75 17,100 Y N Sole
Firstar Corp CS 33763V109 261,759.38 10,215 Y N Sole
Goldman Sachs Group CS GS 12,200.00 200 Y N Sole
H & R Block Inc CS 09367110 89,090.32 2,051 Y N Sole
Hibernia Corp Class CS 428656102 537,075.00 46,200 Y N Sole
Household Intl. CS 441815107 49,795.13 1,241 Y N Sole
Lincoln National CS 534187109 111,185.00 2,960 Y N Sole
MBNA Corp CS 55262L100 914,325.00 40,080 Y N Sole
Marshall & Ilsley CS MRIS 650,512.50 11,400 Y N Sole
Mellon Bank Corp CS 585509102 6,725.00 200 Y N Sole
Mercantile Bank CS 587405101 96,989.07 3,135 Y N Sole
Northern Trust CS 665859104 241,148.00 2,888 Y N Sole
PNC Bank Corp CS 693475105 198,789.94 3,773 Y N Sole
Provident Bank CS 743859100 646,485.68 30,379 Y N Sole
Regions Fin'l Corp CS 758940100 20,100.00 670 Y N Sole
Suntrust Fin'l CS 867914103 245,905.00 3,740 Y N Sole
T Rowe Price Assoc. CS 741477103 104,262.50 3,800 Y N Sole
US Bancorp CS 902973106 35,953.32 1,191 Y N Sole
United Bancshares CS 909907107 5,835.00 240 Y N Sole
Wells Fargo & Co. CS 949746101 59,437.50 1,500 Y N Sole
BRE Properties Inc. CS 05564E106 30,831.50 1,288 Y N Sole
Boston Properties CS 099709107 6,137.50 200 Y N Sole
Boykin Lodging Trst CS 103430104 9,738.75 735 Y N Sole
Duke Realty Invest. CS 264411505 1,148,550.00 58,900 Y N Sole
Developers Realty CS 2,800.00 200 Y N Sole
Equity Residential CS 29476L107 11,229.38 265 Y N Sole
Federal Realty Inv. CS 313747206 659,531.25 31,500 Y N Sole
Health Properties CS 421915109 22,500.00 2,000 Y N Sole
Highwood Properties CS 431284108 7,762.50 300 Y N Sole
Mid-Atlantic Realty CS 595232109 14,941.29 1,432 Y N Sole
Simon Property CS 828806109 1,263,231.25 56,300 Y N Sole
Wash. Real Estate CS 939653101 374,062.50 23,750 Y N Sole
ABB AB CS 002560103 10,125.00 750 Y N Sole
Amway Asia Pacific CS 0352M1082 7,700.00 700 Y N Sole
Flex Bond CS FXB 752.00 752 Y N Sole
Gatefield Corp. CS 369604103 218.75 35 Y N Sole
Great Lakes Chem. CS 390568103 49,861.88 1,310 Y N Sole
Hie Inc. CS 40419W100 200.00 100 Y N Sole
Saba Petroleum CS SAB 100.00 100 Y N Sole
Solutia Inc. CS SOI 1,072.50 60 Y N Sole
Texas American Grp. CS 882150303 240.00 30,000 Y N Sole
Unilever NV NY CS 904784709 101,642.50 1,492 Y N Sole
Masco Corp CS 574599106 7,316.00 236 Y N Sole
America Online CS AOL 78,046.88 750 Y N Sole
Callaway Golf CS 572.82 47 Y N Sole
Lycos Inc. CS LCOS 20,387.61 400 Y N Sole
Berkshire Hathaway CS 084670108 40,832.00 22 Y N Sole
Conseco Inc. CS 208464107 136,458.00 7,182 Y N Sole
Jefferson Pilot CS 475070108 21,294.19 337 Y N Sole
Marsh & McLennan CS 571748102 954,958.50 13,941 Y N Sole
Protective Life CS 743674103 5,800.00 200 Y N Sole
St Paul Companies CS SPC 17,490.00 636 Y N Sole
Capstead Mtg. Corp CS CMO 3,938.00 1,000 Y N Sole
Cyanotech Corp CS CYAN 71.88 100 Y N Sole
Data Broadcast Corp CS 237596101 2,268.90 300 Y N Sole
McKesson Hboc CS 58155Q103 2,146.00 74 Y N Sole
Startec Global CS STGC 13,750.00 1,000 Y N Sole
US Bioscience Inc. CS UBS 2,850.00 200 Y N Sole
Uromed Corp CS 917274300 675.00 600 Y N Sole
Xicor Inc. CS 984903104 2,797.00 500 Y N Sole
New Amer. High Yld. NP 641876107 5,252.63 1,334 Y N Sole
Duff & Phelps Selec NP 264324104 33,861.55 3,496 Y N Sole
Exxon OE 30229010 141,360.00 1,860 Y N Sole
Wal-Mart Stores Inc.FS 93114210 57,075.00 1,200 Y N Sole
General Electric FS 369604103 284,550.00 2,400 Y N Sole
Imation Corp FS 45245A107 11,160.00 360 Y N Sole
Noise Cancellation FS NCTI 1,780.00 10,000 Y N Sole
Chevron Corp FS 166751107 5,857.50 66 Y N Sole
Minnes.Mining & Man FS 604059105 32,853.38 342 Y N Sole
Nordstroms FS 655664100 10,800.00 400 Y N Sole
Wanlass Corp. FS WNLS 1,000.00 1,000 Y N Sole
Total Value: $124,414,201.45
