UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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 9,1999
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: 25
Form 13F Information Table Value Total: $192,607 (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 Class CUSIP Value SHRS Investment Other Voting Authority
(x1000) Discretion Managers
Abbott Labs COM 2824100 3,574 76,350 Sole None 76,350
America Online COM 02364J104 2,940 20,000 Sole None 20,000
Amer. Int'l Group COM 26874107 3,091 25,627 Sole None 25,627
Amer. Express COM 25816109 4,428 37,690 Sole None 37,690
Bristol Meyers COM 110122108 3,757 58,420 Sole None 58,420
Chase Manhattan COM 16161A108 1,740 21,400 Sole None 21,400
Cisco Sys Inc COM 17275R102 2,900 26,475 Sole None 26,475
Coca Cola Co COM 191216100 8,504 138,562 Sole None 138,562
Disney Walt Co COM 254687106 4,729 151,956 Sole None 151,956
Earthshell Corp COM 27032B100 12,261 1,257,677 Sole None 1,257,677
Fed Home Loan Mtg COM 313400301 5,207 91,160 Sole None 91,160
General Elec Co COM 369604103 6,549 59,200 Sole None 59,200
Gillette Co COM 375766102 6,496 109,298 Sole None 109,298
Intel Corp COM 458140100 17,745 148,963 Sole None 148,963
Johnson & Johnson COM 478160104 3,375 35,980 Sole None 35,980
Lucent Technologi COM 549463107 1,379 12,800 Sole None 12,800
MCI Worldcom COM 55268B106 7,287 82,281 Sole None 82,281
Mirage Resorts COM 60462104 10,285 484,000 Sole None 484,000
Mellon Bk Corp COM 585509102 3,638 51,700 Sole None 51,700
Merck & Co COM 589331107 12,007 149,860 Sole None 149,860
Microsoft Corp COM 594918104 20,700 230,972 Sole None 230,972
Pfizer Inc COM 717081103 5,605 40,400 Sole None 40,400
Sylvan Learning S COM 871399101 2,590 94,634 Sole None 94,634
Uniphase Corp COM 909149106 2,072 18,000 Sole None 18,000
Weyerhaeuser Co COM 962166104 39,748 716,188 Sole None 716,188
</TABLE>
