SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2_________)*
Liberty Term Trust 1999_________________________________________
(Name of Issuer)
Common Stock____________________________________________________
(Title of Class of Securities)
531282101_______________________________________________________
(CUSIP Number)
________________________________________________________________
Check the following box if a fee is being paid with this statement . (A fee
is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such
class.) (See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however.
see the Notes).
CUSIP NO.531282101_____________ 13G
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Lowe, Brockenbrough & Tattersall, Inc.
54-0859081
2. Check the Appropriate Box if a Member of a Group*
(a) XX
(b)
3. SEC USE ONLY
4. Citizenship or Place of Organization
6620 W. Broad Street Suite 300
Richmond, Virginia 23230-1720
Number of 5. Sole Voting Power 582,200 shares
Shares
Beneficially 6. Shared Voting Power
Owned by
Each 7. Sole Dispositive Power 582,200 shares
Reporting
Person 8. Shared Dispositive Power
With
9. Aggregate Amount Beneficially Owned By Each Reporting Person
582,200 shares
10. Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares*
11. Percent Of Class Represented By Amount In Row 9
10.35%
12. Type of Reporting Person*
IA
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
13G Liberty Term Trust 1999
ITEM 1:
a) Liberty Term Trust 1999
b) Federated Investors Tower Pittsburgh PA 15222
ITEM 2:
a) Lowe, Brockenbrough & Tattersall, Inc.
b) 6620 W. Broad Street Ste. 300 Richmond, Virginia 23230-1720
c) USA
d) Common Stock
e) 531282101
ITEM 3:
e) IA
ITEM 4:
a) 582,200 SHARES
b) 10.35%
c) (i) 582,200 shares
(ii) 0
(iii) 582,200 shares
(iv) 0
ITEM 5:
Not applicable
ITEM 6:
Not applicable
ITEM 7:
Not applicable
ITEM 8:
Not applicable
ITEM 9:
Not applicable
Date: May 6, 1996
_____________________________________
Fred T. Tattersall, Managing Director
