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: Samuel James Limited
Address: 32 West Pennsylvania Avenue
2nd floor
Towson, MD 21204
13F File Number:
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: Michael OConnell
Title: Intern
Phone: 410-296-6605
Signature, Place, and Date of Signing:
Michael OConnell Towson, MD July 12,1999
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 24
Form 13F Information Table Value Total: 196,942 (in $1000s)
List of Other Included Managers: NONE
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
Name of Issuer Title of CUSIP Value SHRS Investment Other Voting Authority
Class ($1000s) Discretion Managers
Abbott Labs COM 2824100 3,464 76,350 Sole None 76,350
America Online COM 02364J104 2,310 21,000 Sole None 21,000
Amer. Int'l Group COM 26874107 3,005 25,627 Sole None 25,627
Amer. Express COM 25816109 4,904 37,690 Sole None 37,690
AT & T COM 1957109 1,842 33,000 Sole None 33,000
Chase Manhattan COM 16161A108 1,851 21,400 Sole None 21,400
Cisco Sys Inc COM 17275R102 2,059 31,950 Sole None 31,950
Coca Cola Co COM 191216100 8,281 133,562 Sole None 133,562
Disney Walt Co COM 254687106 3,172 102,956 Sole None 102,956
Earthshell Corp COM 27032B100 6,848 978,257 Sole None 978,257
Fed Home Loan Mtg COM 313400301 5,287 91,160 Sole None 91,160
General Elec Co COM 369604103 6,690 59,200 Sole None 59,200
Gillette Co COM 375766102 4,248 103,598 Sole None 103,598
Intel Corp COM 458140100 19,809 332,926 Sole None 332,926
Johnson & Johnson COM 478160104 3,526 35,980 Sole None 35,980
MCI Worldcom COM 55268B106 7,081 82,281 Sole None 82,281
Mirage Resorts COM 60462104 8,107 484,000 Sole None 484,000
Mellon Bk Corp COM 585509102 3,761 103,400 Sole None 103,400
Merck & Co COM 589331107 12,064 163,860 Sole None 163,860
Microsoft Corp COM 594918104 23,536 260,972 Sole None 260,972
Pfizer Inc COM 717081103 8,523 234,625 Sole None 234,625
JDS Uniphase Corp COM 909149106 3,704 22,312 Sole None 22,312
Terayon COM 880775101 3,632 65,000 Sole None 65,000
Weyerhaeuser Co COM 962166104 49,238 716,188 Sole None 716,188
</TABLE>
