<PAGE>
FILE # 28-132
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT
MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES
EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Securities and Exchange Commission
Washington, D. C. 20549
Report for the Calendar Quarter Ended March 31, 1999
- - - --------------------------------------------------------------------------------
If amended report check here: [x]
Name of Institutional Investment Manager: FAYEZ SAROFIM
Business Address:
Street: Two Houston Center, Suite 2907
City: Houston State: Texas Zip: 77010
Name, Phone No. and Title of Person Duly Authorized to Submit This Report:
Fayez Sarofim, (713) 654-4484
- - - --------------------------------------------------------------------------------
ATTENTION: Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and
15 U.S.C. 78ff(a).
- - - --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Houston and State of Texas on the 14th day of May,
1999.
FAYEZ SAROFIM
(Name of Institutional Investment Manager)
<PAGE>
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report) (List
in alphabetical order).
NAME 13F File Number
---- ---------------
1. Fayez Sarofim & Co. 28 - 133
2. Sarofim Trust Co. 28 - 960
3. Sarofim International Management Company 28 - 5074
Fayez Sarofim is deemed to exercise investment discretion over $100,000,000
worth of Section 13(f) securities because he is the majority shareholder of
Fayez Sarofim & Co., a Texas Business Corporation and a registered investment
adviser, which exercises investment discretion over more than $100,000,000 worth
of Section 13(f) securities. The report filed herewith covers Section 13(f)
securities over which Mr. Sarofim exercises investment discretion for the
account of other persons (such investment discretion is shared with co-trustees
who are not managers on whose behalf this report is being filed), Section 13(f)
securities over which Fayez Sarofim & Co. exercises investment discretion for
the account of others or for its own account (such investment discretion is
shared with Mr. Sarofim), Section 13(f) securities over which Sarofim Trust Co.,
a wholly-owned subsidiary of Fayez Sarofim & Co., exercises investment
discretion for the account of others or for its own account (such investment
discretion is shared with Mr. Sarofim and Fayez Sarofim & Co.), and Section
13(f) securities over which Sarofim International Management Company, a wholly-
owned subsidiary of Fayez Sarofim & Co., exercises investment discretion for the
account of others or for its own account (such investment discretion is shared
with Mr. Sarofim and Fayez Sarofim & Co.).
Mr. Sarofim is filing Form 13F on behalf of Fayez Sarofim & Co., Sarofim Trust
Co. and Sarofim International Management Company to report investment discretion
over Section 13(f) securities exercised by Fayez Sarofim & Co., Sarofim Trust
Co. and Sarofim International Management Company at March 31, 1999.
INFORMATION STATEMENT
The Dreyfus Corporation is filing the report required of institutional
investment managers pursuant to Section 13(f) of the Securities Exchange Act of
1934 and rules thereunder on behalf of Fayez Sarofim & Co. with respect to those
securities owned beneficiary by the following registered investment companies:
Dreyfus Appreciation Fund, Inc.
Dreyfus Variable Investment Fund
Capital Appreciation Portfolio
Dreyfus Premier Worldwide Growth Fund, Inc.
Dreyfus Premier Tax Managed Growth Fund, Inc.
Dreyfus Tax-Smart Growth Fund, Inc.
<PAGE>
File # 28-133
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT
MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES
EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Securities and Exchange Commission
Washington, D. C. 20549
Report for the Calendar Quarter Ended March 31, 1999
- - - --------------------------------------------------------------------------------
If amended report check here: [x]
Name of Institutional Investment Manager: FAYEZ SAROFIM & CO.
Business Address:
Street: Two Houston Center, Suite 2907
City: Houston State: Texas Zip: 77010
Name, Phone No. and Title of Person Duly Authorized to Submit This Report:
Mrs. Raye G. White, (713) 654-4484, Executive Vice President
- - - --------------------------------------------------------------------------------
ATTENTION: Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and
15 U.S.C. 78ff(a).
- - - --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Houston and State of Texas on the 14th day of May,
1999.
FAYEZ SAROFIM & CO.
(Name of Institutional Investment Manager)
<PAGE>
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report) (List
in alphabetical order).
NAME 13F File Number
---- ---------------
NONE.
Fayez Sarofim is filing Form 13F on behalf of Fayez
Sarofim & Co., to report investment discretion over
Section 13(f) securities exercised by Fayez Sarofim & Co.
at March 31, 1999.
<PAGE>
File # 28-960
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT
MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES
EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Securities and Exchange Commission
Washington, D. C. 20549
Report for the Calendar Quarter Ended March 31, 1999
______________________________________________________________________________
If amended report check here: [x]
Name of Institutional Investment Manager: SAROFIM TRUST CO.
Business Address:
Street: Two Houston Center, Suite 2907
City: Houston State: Texas Zip: 77010
Name, Phone No. and Title of Person Duly Authorized to Submit This Report:
Mrs. Raye G. White, (713) 654-4484, Executive Vice President
- - - --------------------------------------------------------------------------------
ATTENTION: Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and
15 U.S.C. 78ff(a).
- - - --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Houston and State of Texas on the 14th day of May,
1999.
SAROFIM TRUST CO.
(Name of Institutional Investment Manager)
<PAGE>
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report) (List
in alphabetical order).
NAME 13F File Number
---- ---------------
NONE.
Fayez Sarofim is filing Form 13F on behalf of Sarofim
Trust Co. to report investment discretion over Section
13(f) securities exercised by Sarofim Trust Co. at
March 31, 1999.
<PAGE>
File # 28-5074
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT
MANAGERS PURSUANT TO SECTION 13(f) OF THE SECURITIES
EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Securities and Exchange Commission
Washington, D. C. 20549
Report for the Calendar Quarter Ended March 31, 1999
If amended report check here: [x]
Name of Institutional Investment Manager: SAROFIM INTERNATIONAL MANAGEMENT
COMPANY
Business Address:
Street: Two Houston Center, Suite 2907
City: Houston State: Texas Zip: 77010
Name, Phone No. and Title of Person Duly Authorized to Submit This Report:
Mrs. Raye G. White, (713) 654-4484, Executive Vice President
- - - --------------------------------------------------------------------------------
ATTENTION: Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and
15 U.S.C. 78ff(a).
- - - --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Houston and State of Texas on the 14th day of May,
1999.
SAROFIM INTERNATIONAL MANAGEMENT COMPANY
(Name of Institutional Investment Manager)
<PAGE>
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report) (List
in alphabetical order).
NAME 13F File Number
---- ---------------
NONE.
Fayez Sarofim is filing Form 13F on behalf of Sarofim
Trust Co. to report investment discretion over Section
13(f) securities exercised by Sarofim Trust Co. at
March 31, 1999.
<PAGE>
Page 1 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
AT&T Corp COMMON 001957109 3,549 44,470
AT&T Corp COMMON 001957109 4 59
AT&T Corp Class A Liberty COMMON 001957208 352 6,309
Media Group
Abbott Laboratories COMMON 002824100 708,268 15,129,909
Abbott Laboratories COMMON 002824100 115,937 2,476,637
Abbott Laboratories COMMON 002824100 45,327 968,286
Abbott Laboratories COMMON 002824100 1,404 30,000
Abbott Laboratories COMMON 002824100 500 10,700
Aerovox Inc COMMON 00808M105 48 20,225
Air Products & Chemicals COMMON 009158106 253 7,404
Air Products & Chemicals COMMON 009158106 20 600
AirTouch Communications COMMON 00949T100 6,109 63,233
AirTouch Communications COMMON 00949T100 108 1,125
AirTouch Communications COMMON 00949T100 3,340 34,568
AirTouch Communications COMMON 00949T100 193 2,000
Alamo Group Inc COMMON 011311107 1,193 151,500
Alcoa Inc COMMON 013817101 1,656 40,212
Allegheny Teledyne Inc COMMON 017415100 1,368 72,269
Allegheny Teledyne Inc COMMON 017415100 13,215 697,831
Alliance Capital Mgmt LP COMMON 018548107 713 28,200
Alliance Technology Fund COMMON 018780106 208 2,467
AlliedSignal Inc COMMON 019512102 436,946 8,883,284
_________
COLUMN TOTALS 1,340,721
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
AT&T Corp 44,470 1. 36,683 7,787
AT&T Corp 59 1., 2. 59
AT&T Corp Class A Liberty 6,309 1. 1,516 4,793
Media Group
Abbott Laboratories 15,129,909 1. 12,733,901 2,396,008
Abbott Laboratories 2,476,637 1., 2. 2,277,352 199,285
Abbott Laboratories 968,286 1., 3. 700 967,586
Abbott Laboratories 30,000 1., 4. 30,000
Abbott Laboratories None 10,700
Aerovox Inc 20,225 1. 10,225 10,000
Air Products & Chemicals 7,404 1. 5,104 2,300
Air Products & Chemicals 600 1., 2. 600
AirTouch Communications 63,233 1. 46,798 16,435
AirTouch Communications 1,125 1., 2. 445 680
AirTouch Communications 34,568 1., 3. 34,568
AirTouch Communications 2,000 None 2,000
Alamo Group Inc 151,500 1., 3. 151,500
Alcoa Inc 40,212 1. 22,012 18,200
Allegheny Teledyne Inc 72,269 1. 72,250 19
Allegheny Teledyne Inc 697,831 1., 3. 697,831
Alliance Capital Mgmt LP 28,200 1. 28,200
Alliance Technology Fund 2,467 1. 2,467
AlliedSignal Inc 8,883,284 1. 7,434,258 1,449,026
</TABLE>
<PAGE>
Page 2 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
AlliedSignal Inc COMMON 019512102 69,660 1,416,215
AlliedSignal Inc COMMON 019512102 28,759 584,700
AlliedSignal Inc COMMON 019512102 909 18,500
AlliedSignal Inc COMMON 019512102 137 2,800
Allstate Corp COMMON 020002101 310 8,382
Allstate Corp COMMON 020002101 555 15,000
ALLTEL Corp COMMON 020039103 2,345 37,610
America Online Inc COMMON 02364J104 643 4,380
American Bankers COMMON 024456105 249 4,800
Insurance Group Inc
American Ecology Corp COMMON 025533100 108 44,627
American Ecology Corp COMMON 025533100 1 751
American Ecology Corp COMMON 025533100 28 11,784
American Ecology Corp COMMON 025533100 175
American Electric Power COMMON 025537101 2,493 62,831
American Electric Power COMMON 025537101 1,734 43,698
American Electric Power COMMON 025537101 22,344 563,001
American Electric Power COMMON 025537101 82 2,075
American Express Co COMMON 025816109 2,471 20,990
American Express Co COMMON 025816109 11 100
American General Corp COMMON 026351106 571,619 8,108,073
American General Corp COMMON 026351106 79,336 1,125,343
American General Corp COMMON 026351106 118,063 1,674,660
American General Corp COMMON 026351106 1,128 16,000
American General Corp COMMON 026351106 4,890 69,368
American Home Products COMMON 026609107 1,108,033 16,981,356
_________
COLUMN TOTALS 2,015,922
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
AlliedSignal Inc 1,416,215 1., 2. 1,299,255 116,960
AlliedSignal Inc 584,700 1., 3. 500 584,200
AlliedSignal Inc 18,500 1., 4. 18,500
AlliedSignal Inc 2,800 None 2,800
Allstate Corp 8,382 1. 5,362 3,020
Allstate Corp 15,000 1., 2. 15,000
ALLTEL Corp 37,610 1. 2,058 35,552
America Online Inc 4,380 1. 3,400 980
American Bankers 4,800 1. 4,800
Insurance Group Inc
American Ecology Corp 44,627 1. 37,658 6,969
American Ecology Corp 751 1., 2. 572 179
American Ecology Corp 11,784 1., 3. 11,784
American Ecology Corp 175 None 175
American Electric Power 62,831 1. 40,178 22,653
American Electric Power 43,698 1., 2. 38,598 5,100
American Electric Power 563,001 1., 3. 563,001
American Electric Power 2,075 None 2,075
American Express Co 20,990 1. 5,774 5,216
American Express Co 100 1., 2. 100
American General Corp 8,108,073 1. 6,913,921 1,194,152
American General Corp 1,125,343 1., 2. 1,061,351 63,992
American General Corp 1,674,660 1., 3. 1,532,410 142,250
American General Corp 16,000 1., 4. 16,000
American General Corp 69,368 None 69,368
American Home Products 16,981,356 1. 14,010,443 2,970,913
</TABLE>
<PAGE>
Page 3 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
American Home Products COMMON 026609107 171,913 2,634,682
American Home Products COMMON 026609107 109,224 1,673,939
American Home Products COMMON 026609107 1,566 24,000
American Home Products COMMON 026609107 4,571 70,068
American Intl Group Inc COMMON 026874107 28,170 233,536
American Intl Group Inc COMMON 026874107 122 1,012
American Tower Corp Cl A COMMON 029912201 641 26,197
American Stores Co COMMON 030096101 2,193 66,464
American Stores Co COMMON 030096101 396 12,000
Ameritech Corp COMMON 030954101 4,798 83,267
Ameritech Corp COMMON 030954101 2,206 38,287
Ameritech Corp COMMON 030954101 461 8,000
Anadarko Petroleum Corp COMMON 032511107 317 8,400
Anheuser-Busch Cos Inc COMMON 035229103 490,617 6,444,899
Anheuser-Busch Cos Inc COMMON 035229103 67,037 880,622
Anheuser-Busch Cos Inc COMMON 035229103 19,140 251,434
Anheuser-Busch Cos Inc COMMON 035229103 1,141 15,000
Anheuser-Busch Cos Inc COMMON 035229103 1,908 25,070
Argonaut Group Inc COMMON 040157109 11,921 464,109
Argonaut Group Inc COMMON 040157109 3,498 136,176
Argonaut Group Inc COMMON 040157109 10,519 409,506
Argonaut Group Inc COMMON 040157109 88 3,433
Ascend Communications Inc COMMON 043491109 251 3,007
Associates First Capital COMMON 046008108 491,805 10,929,014
Corp
_________
COLUMN TOTALS 1,424,512
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
American Home Products 2,634,682 1., 2. 2,433,555 201,127
American Home Products 1,673,939 1., 3. 716,700 957,239
American Home Products 24,000 1., 4. 24,000
American Home Products 70,068 None 70,068
American Intl Group Inc 233,536 1. 202,184 31,352
American Intl Group Inc 1,012 1., 2. 1,012
American Tower Corp Cl A 26,197 1. 26,197
American Stores Co 66,464 1. 54,968 11,496
American Stores Co 12,000 None 12,000
Ameritech Corp 83,267 1. 69,594 13,673
Ameritech Corp 38,287 1., 2. 35,864 2,423
Ameritech Corp 8,000 1., 3. 8,000
Anadarko Petroleum Corp 8,400 1. 7,000 1,400
Anheuser-Busch Cos Inc 6,444,899 1. 5,469,685 975,214
Anheuser-Busch Cos Inc 880,622 1., 2. 859,840 20,782
Anheuser-Busch Cos Inc 251,434 1., 3. 30,000 221,434
Anheuser-Busch Cos Inc 15,000 1., 4. 15,000
Anheuser-Busch Cos Inc 25,070 None 25,070
Argonaut Group Inc 464,109 1. 373,231 90,878
Argonaut Group Inc 136,176 1., 2. 133,636 2,540
Argonaut Group Inc 409,506 1., 3. 409,506
Argonaut Group Inc 3,433 None 3,433
Ascend Communications Inc 3,007 1. 3,007
Associates First Capital 10,929,014 1. 8,996,672 1,932,342
Corp
</TABLE>
<PAGE>
Page 4 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Associates First Capital COMMON 046008108 74,254 1,650,106
Corp
Associates First Capital COMMON 046008108 35,544 789,881
Corp
Associates First Capital COMMON 046008108 889 19,772
Corp
Associates First Capital COMMON 046008108 1,428 31,755
Corp
Atlantic Richfield Co COMMON 048825103 7,130 97,506
Atlantic Richfield Co COMMON 048825103 127 1,750
Atlantic Richfield Co COMMON 048825103 10,968 150,000
Atlantic Richfield Co COMMON 048825103 43 600
Atrix Labs Inc COMMON 04962L101 168 15,000
Authentic Fitness Corp COMMON 052661105 11,371 736,600
Authentic Fitness Corp COMMON 052661105 308 20,000
Automatic Data Processing COMMON 053015103 1,180 28,540
Avery Dennison Corp COMMON 053611109 2,759 47,996
Avery Dennison Corp COMMON 053611109 442 7,700
BP Amoco Plc ADR COMMON 055622104 302,556 2,995,610
BP Amoco Plc ADR COMMON 055622104 108,400 1,073,275
BP Amoco Plc ADR COMMON 055622104 35,698 353,449
BP Amoco Plc ADR COMMON 055622104 1,111 11,000
BP Amoco Plc ADR COMMON 055622104 1,011 10,019
BMC Software Inc COMMON 055921100 287 7,760
Bank America Corp COMMON 060505104 185,732 2,629,835
Bank America Corp COMMON 060505104 24,423 345,820
Bank America Corp COMMON 060505104 22,690 321,284
_______
COLUMN TOTALS 828,533
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Associates First Capital 1,650,106 1., 2. 1,478,342 171,764
Corp
Associates First Capital 789,881 1., 3. 164,860 625,021
Corp
Associates First Capital 19,772 1., 4. 19,772
Corp
Associates First Capital 31,755 None 31,755
Corp
Atlantic Richfield Co 97,506 1. 85,190 12,316
Atlantic Richfield Co 1,750 1., 2. 1,000 750
Atlantic Richfield Co 150,000 1., 3. 150,000
Atlantic Richfield Co 600 None 600
Atrix Labs Inc 15,000 1. 15,000
Authentic Fitness Corp 736,600 1. 634,200 102,400
Authentic Fitness Corp 20,000 1., 3. 20,000
Automatic Data Processing 28,540 1. 27,040 1,500
Avery Dennison Corp 47,996 1. 46,216 1,780
Avery Dennison Corp 7,700 1., 2. 7,700
BP Amoco Plc ADR 2,995,610 1. 2,445,943 549,667
BP Amoco Plc ADR 1,073,275 1., 2. 1,005,716 67,559
BP Amoco Plc ADR 353,449 1., 3. 99,249 254,200
BP Amoco Plc ADR 11,000 1., 4. 11,000
BP Amoco Plc ADR 10,019 None 10,019
BMC Software Inc 7,760 1. 4,960 2,800
Bank America Corp 2,629,835 1. 2,158,595 471,240
Bank America Corp 345,820 1., 2. 296,810 49,010
Bank America Corp 321,284 1., 3. 56 321,228
</TABLE>
<PAGE>
Page 5 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Bank America Corp COMMON 060505104 35 508
Bank of New York COMMON 064057102 394 10,971
Bank One Corp COMMON 06423A103 7,640 138,762
Bank One Corp COMMON 06423A103 56 1,028
Bank One Corp COMMON 06423A103 93 1,705
BankBoston Corp COMMON 06605R106 346 8,000
Baxter International Inc COMMON 071813109 335 5,090
Bell Atlantic Corp COMMON 077853109 161,686 3,128,150
Bell Atlantic Corp COMMON 077853109 53,742 1,039,751
Bell Atlantic Corp COMMON 077853109 5,543 107,250
Bell Atlantic Corp COMMON 077853109 661 12,800
BellSouth Corp COMMON 079860102 419,571 10,472,933
BellSouth Corp COMMON 079860102 67,801 1,692,388
BellSouth Corp COMMON 079860102 23,023 574,700
BellSouth Corp COMMON 079860102 1,145 28,600
BellSouth Corp COMMON 079860102 420 10,500
Berkshire Hathaway Cl A COMMON 084670108 104,029 1,457
Berkshire Hathaway Cl A COMMON 084670108 39,912 559
Berkshire Hathaway Cl A COMMON 084670108 79,039 1,107
Berkshire Hathaway Cl A COMMON 084670108 214 3
Berkshire Hathaway Cl B COMMON 084670207 10,845 4,613
Berkshire Hathaway Cl B COMMON 084670207 575 245
Berkshire Hathaway Cl B COMMON 084670207 1,596 679
Bestfoods COMMON 08658U101 1,171 24,930
Bio Technology General COMMON 090578105 387 64,853
Corp _______
COLUMN TOTALS 980,273
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Bank America Corp 508 None 508
Bank of New York 10,971 1. 6,700 4,271
Bank One Corp 138,762 1. 101,809 36,953
Bank One Corp 1,028 1., 2. 1,028
Bank One Corp 1,705 None 1,705
BankBoston Corp 8,000 1. 1,000 7,000
Baxter International Inc 5,090 1. 5,090
Bell Atlantic Corp 3,128,150 1. 2,551,862 576,288
Bell Atlantic Corp 1,039,751 1., 2. 964,286 75,465
Bell Atlantic Corp 107,250 1., 3. 107,250
Bell Atlantic Corp 12,800 1., 4. 12,800
BellSouth Corp 10,472,933 1. 8,883,336 1,589,597
BellSouth Corp 1,692,388 1., 2. 1,536,606 155,782
BellSouth Corp 574,700 1., 3. 574,700
BellSouth Corp 28,600 1., 4. 28,600
BellSouth Corp 10,500 None 10,500
Berkshire Hathaway Cl A 1,457 1. 1,028 429
Berkshire Hathaway Cl A 559 1., 2. 428 131
Berkshire Hathaway Cl A 1,107 1., 3. 1 1,106
Berkshire Hathaway Cl A 3 None 3
Berkshire Hathaway Cl B 4,613 1. 3,770 843
Berkshire Hathaway Cl B 245 1., 2. 73 172
Berkshire Hathaway Cl B 679 1., 3. 1 678
Bestfoods 24,930 1. 22,518 2,412
Bio Technology General 64,853 1. 64,853
Corp
</TABLE>
<PAGE>
Page 6 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Boeing Co COMMON 097023105 156,321 4,597,697
Boeing Co COMMON 097023105 30,058 884,071
Boeing Co COMMON 097023105 11,018 324,068
Boeing Co COMMON 097023105 408 12,000
Boeing Co COMMON 097023105 6 200
Bristol-Myers Squibb Co COMMON 110122108 132,213 2,061,811
Bristol-Myers Squibb Co COMMON 110122108 17,148 267,430
Bristol-Myers Squibb Co COMMON 110122108 21,737 338,980
Bristol-Myers Squibb Co COMMON 110122108 436 6,800
Burlington Northern Santa COMMON 12189T104 571 17,394
Fe Corp
CLECO Corp COMMON 12561M107 2,285 77,462
CLECO Corp COMMON 12561M107 262 8,888
CVS Corp COMMON 126650100 1,242 26,160
Cablevision Systems Corp COMMON 12686C109 593 8,000
Class A
Campbell Soup Co COMMON 134429109 6,565 161,363
Campbell Soup Co COMMON 134429109 488 12,000
Cardinal Health Inc COMMON 14149Y108 415 6,297
Carolina Power & Light COMMON 144141108 1,805 47,752
Carolina Power & Light COMMON 144141108 83 2,200
Caterpillar Inc COMMON 149123101 18,491 402,529
Caterpillar Inc COMMON 149123101 9,807 213,490
Caterpillar Inc COMMON 149123101 211 4,600
Cendant Corp COMMON 151313103 262 16,450
_______
COLUMN TOTALS 412,433
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Boeing Co 4,597,697 1. 3,946,999 650,698
Boeing Co 884,071 1., 2. 818,873 65,198
Boeing Co 324,068 1., 3. 18 324,050
Boeing Co 12,000 1., 4. 12,000
Boeing Co 200 None 200
Bristol-Myers Squibb Co 2,061,811 1. 1,577,809 484,002
Bristol-Myers Squibb Co 267,430 1., 2. 191,020 76,410
Bristol-Myers Squibb Co 338,980 1., 3. 338,980
Bristol-Myers Squibb Co 6,800 None 6,800
Burlington Northern Santa 17,394 1. 11,100 6,294
Fe Corp
CLECO Corp 77,462 1. 56,276 21,186
CLECO Corp 8,888 1., 2. 8,888
CVS Corp 26,160 1. 22,300 3,860
Cablevision Systems Corp 8,000 1. 8,000
Class A
Campbell Soup Co 161,363 1. 57,556 103,807
Campbell Soup Co 12,000 None 12,000
Cardinal Health Inc 6,297 1. 6,297
Carolina Power & Light 47,752 1. 26,230 21,522
Carolina Power & Light 2,200 1., 2. 2,200
Caterpillar Inc 402,529 1. 293,580 108,949
Caterpillar Inc 213,490 1., 2. 172,125 41,365
Caterpillar Inc 4,600 1., 3. 4,600
Cendant Corp 16,450 1. 16,450
</TABLE>
<PAGE>
Page 7 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Century Tel Enterp Inc COMMON 156686107 763 10,874
Chase Manhattan Corp COMMON 16161A108 1,057,723 12,998,143
Chase Manhattan Corp COMMON 16161A108 186,051 2,286,353
Chase Manhattan Corp COMMON 16161A108 68,293 839,250
Chase Manhattan Corp COMMON 16161A108 2,278 28,000
Chase Manhattan Corp COMMON 16161A108 2,056 25,270
Chevron Corp COMMON 166751107 567,584 6,395,323
Chevron Corp COMMON 166751107 90,432 1,018,955
Chevron Corp COMMON 166751107 111,223 1,253,219
Chevron Corp COMMON 166751107 1,065 12,000
Chevron Corp COMMON 166751107 1,328 14,974
Chubb Corp COMMON 171232101 257 4,393
Ciena Corp COMMON 171779101 211 9,400
Cisco Systems Inc COMMON 17275R102 531,997 4,855,658
Cisco Systems Inc COMMON 17275R102 99,767 910,598
Cisco Systems Inc COMMON 17275R102 37,323 340,659
Cisco Systems Inc COMMON 17275R102 1,314 12,000
Citigroup Inc COMMON 172967101 1,193,931 18,691,683
Citigroup Inc COMMON 172967101 190,712 2,985,714
Citigroup Inc COMMON 172967101 63,068 987,378
Citigroup Inc COMMON 172967101 2,075 32,500
Citigroup Inc COMMON 172967101 2,893 45,294
Clear Channel COMMON 184502102 257 3,844
Communication
Clorox Co COMMON 189054109 720 6,151
Coastal Corp COMMON 190441105 3,088 93,594
_________
COLUMN TOTALS 4,216,423
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Century Tel Enterp Inc 10,874 1. 4,800 6,074
Chase Manhattan Corp 12,998,143 1. 10,810,818 2,187,325
Chase Manhattan Corp 2,286,353 1., 2. 2,132,450 153,903
Chase Manhattan Corp 839,250 1., 3. 30,700 808,550
Chase Manhattan Corp 28,000 1., 4. 28,000
Chase Manhattan Corp 25,270 None 25,270
Chevron Corp 6,395,323 1. 5,389,490 1,005,833
Chevron Corp 1,018,955 1., 2. 940,579 78,376
Chevron Corp 1,253,219 1., 3. 963,010 290,209
Chevron Corp 12,000 1., 4. 12,000
Chevron Corp 14,974 None 14,974
Chubb Corp 4,393 1. 543 3,850
Ciena Corp 9,400 1. 9,400
Cisco Systems Inc 4,855,658 1. 4,214,268 641,390
Cisco Systems Inc 910,598 1., 2. 824,566 86,032
Cisco Systems Inc 340,659 1., 3. 200 340,459
Cisco Systems Inc 12,000 1., 4. 12,000
Citigroup Inc 18,691,683 1. 15,574,790 3,116,894
Citigroup Inc 2,985,714 1., 2. 2,774,464 211,250
Citigroup Inc 987,378 1., 3. 750 986,628
Citigroup Inc 32,500 1., 4. 32,500
Citigroup Inc 45,294 None 45,294
Clear Channel 3,844 1. 3,844
Communication
Clorox Co 6,151 1. 2,468 3,683
Coastal Corp 93,594 1. 19,504 74,090
</TABLE>
<PAGE>
Page 8 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Coastal Corp COMMON 190441105 252 7,642
Coca-Cola Co COMMON 191216100 2,449,973 39,918,105
Coca-Cola Co COMMON 191216100 364,418 5,937,566
Coca-Cola Co COMMON 191216100 420,224 6,846,828
Coca-Cola Co COMMON 191216100 2,700 44,000
Coca-Cola Co COMMON 191216100 15,213 247,880
Colgate Palmolive Co COMMON 194162103 52,734 573,206
Colgate Palmolive Co COMMON 194162103 7,337 79,750
Colgate Palmolive Co COMMON 194162103 8,625 93,750
Compaq Computer Corp COMMON 204493100 444,324 14,022,068
Compaq Computer Corp COMMON 204493100 92,215 2,910,149
Compaq Computer Corp COMMON 204493100 23,070 728,048
Compaq Computer Corp COMMON 204493100 1,188 37,500
Compaq Computer Corp COMMON 204493100 7,557 238,500
Conexant Systems Inc COMMON 207142100 13,717 495,456
Conexant Systems Inc COMMON 207142100 1,436 51,876
Conexant Systems Inc COMMON 207142100 2,667 96,337
Conexant Systems Inc COMMON 207142100 69 2,500
Consolidated Edison COMMON 209115104 208 4,600
Cooper Industries Inc COMMON 216669101 268 6,300
Cox Communications Inc COMMON 224044107 414 5,486
New Class A
Cox Communications Inc COMMON 224044107 72 964
New Class A
Crown Cork & Seal Co Inc COMMON 228255105 231 8,106
DPL Inc COMMON 233293109 167 10,125
_________
COLUMN TOTALS 3,909,088
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Coastal Corp 7,642 1., 2. 7,642
Coca-Cola Co 39,918,105 1. 32,363,811 7,554,294
Coca-Cola Co 5,937,566 1., 2. 5,575,714 361,852
Coca-Cola Co 6,846,828 1., 3. 4,208,280 2,638,548
Coca-Cola Co 44,000 1., 4. 44,000
Coca-Cola Co 247,880 None 247,880
Colgate Palmolive Co 573,206 1. 448,255 124,951
Colgate Palmolive Co 79,750 1., 2. 65,800 13,950
Colgate Palmolive Co 93,750 1., 3. 93,750
Compaq Computer Corp 14,022,068 1. 12,104,783 1,917,285
Compaq Computer Corp 2,910,149 1., 2. 2,721,971 188,178
Compaq Computer Corp 728,048 1., 3. 1,000 727,048
Compaq Computer Corp 37,500 1., 4. 37,500
Compaq Computer Corp 238,500 None 238,500
Conexant Systems Inc 495,456 1. 382,119 113,337
Conexant Systems Inc 51,876 1., 2. 31,437 20,439
Conexant Systems Inc 96,337 1., 3. 112 96,225
Conexant Systems Inc 2,500 None 2,500
Consolidated Edison 4,600 1. 3,000 1,600
Cooper Industries Inc 6,300 1. 5,500 800
Cox Communications Inc 5,486 1. 5,241 245
New Class A
Cox Communications Inc 964 None 964
New Class A
Crown Cork & Seal Co Inc 8,106 1. 8,106
DPL Inc 10,125 1., 2. 10,125
</TABLE>
<PAGE>
Page 9 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Dayton Hudson Corp COMMON 239753106 2,063 30,972
Dell Computer Corp COMMON 247025109 1,651 40,400
Dell Computer Corp COMMON 247025109 6,401 156,600
Disney (Walt) Hldg Co COMMON 254687106 330,783 10,627,569
Disney (Walt) Hldg Co COMMON 254687106 52,858 1,698,257
Disney (Walt) Hldg Co COMMON 254687106 12,435 399,550
Disney (Walt) Hldg Co COMMON 254687106 560 18,000
Disney (Walt) Hldg Co COMMON 254687106 722 23,220
Dole Food Co Inc COMMON 256605106 298 9,962
Dominion Resources Inc COMMON 257470104 447 12,125
Dow Chemical Co COMMON 260543103 214,578 2,302,648
Dow Chemical Co COMMON 260543103 31,006 332,728
Dow Chemical Co COMMON 260543103 12,035 129,150
Dow Chemical Co COMMON 260543103 792 8,500
Dow Chemical Co COMMON 260543103 1,317 14,136
Dreyfus Appreciation Fund COMMON 261970107 3,503 80,774
Dreyfus Tax-Smart Growth COMMON 261978217 3,085 200,222
Fund
Dreyfus Premier Tax COMMON 261978381 1,377 81,433
Managed Growth Fund-Class A
Dreyfus Premier Worldwide COMMON 261989107 2,827 83,493
Growth Fund-Class A
DuPont E I de Nemours COMMON 263534109 380,646 6,555,812
DuPont E I de Nemours COMMON 263534109 55,907 962,889
_________
COLUMN TOTALS 1,115,301
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Dayton Hudson Corp 30,972 1. 5,400 25,572
Dell Computer Corp 40,400 1. 10,800 29,600
Dell Computer Corp 156,600 1., 3. 156,600
Disney (Walt) Hldg Co 10,627,569 1. 8,935,369 1,692,200
Disney (Walt) Hldg Co 1,698,257 1., 2. 1,601,864 96,393
Disney (Walt) Hldg Co 399,550 1., 3. 450 399,100
Disney (Walt) Hldg Co 18,000 1., 4. 18,000
Disney (Walt) Hldg Co 23,220 None 23,220
Dole Food Co Inc 9,962 1. 8,096 1,866
Dominion Resources Inc 12,125 1. 10,500 1,625
Dow Chemical Co 2,302,648 1. 1,961,471 341,177
Dow Chemical Co 332,728 1., 2. 315,025 17,703
Dow Chemical Co 129,150 1., 3. 28,700 100,450
Dow Chemical Co 8,500 1., 4. 8,500
Dow Chemical Co 14,136 None 14,136
Dreyfus Appreciation Fund 80,774 1. 77,544 3,230
Dreyfus Tax-Smart Growth 200,222 1. 200,222
Fund
Dreyfus Premier Tax 81,433 1. 81,433
Managed Growth Fund-Class A
Dreyfus Premier Worldwide 83,493 1. 83,493
Growth Fund-Class A
DuPont E I de Nemours 6,555,812 1. 5,350,851 1,204,961
DuPont E I de Nemours 962,889 1., 2. 872,285 90,604
</TABLE>
<PAGE>
Page 10 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
DuPont E I de Nemours COMMON 263534109 26,120 449,875
DuPont E I de Nemours COMMON 263534109 2,700 46,514
Duke Energy Corporation COMMON 264399106 362 6,620
Duke Energy Corporation COMMON 264399106 18 336
Dynegy Inc COMMON 26816L102 492 35,000
EMC Corp COMMON 268648102 293 2,300
Eastman Kodak Co COMMON 277461109 146,074 2,286,879
Eastman Kodak Co COMMON 277461109 24,345 381,146
Eastman Kodak Co COMMON 277461109 2,109 33,025
Eastman Kodak Co COMMON 277461109 447 7,000
Eastman Kodak Co COMMON 277461109 60 940
Eaton Vance Corp COMMON 278265103 4,991 248,000
(non-voting)
Eaton Vance Corp COMMON 278265103 21,252 1,056,000
(non-voting)
El Paso Energy Corp COMMON 283905107 57 1,772
El Paso Energy Corp COMMON 283905107 28 886
El Paso Energy Corp COMMON 283905107 607 18,600
Elf Aquitaine ADS COMMON 286269105 374 5,558
Emerson Electric Co COMMON 291011104 247,995 4,684,682
Emerson Electric Co COMMON 291011104 27,312 515,933
Emerson Electric Co COMMON 291011104 17,617 332,800
Emerson Electric Co COMMON 291011104 423 8,000
Emerson Electric Co COMMON 291011104 207 3,925
Enesco Group Inc COMMON 292973104 3,612 200,000
Enron Corp COMMON 293561106 1,056 16,436
_______
COLUMN TOTALS 528,562
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
DuPont E I de Nemours 449,875 1., 3. 100,300 349,575
DuPont E I de Nemours 46,514 None 46,514
Duke Energy Corporation 6,620 1. 3,583 3,037
Duke Energy Corporation 336 None 336
Dynegy Inc 35,000 1. 35,000
EMC Corp 2,300 1. 400 1,900
Eastman Kodak Co 2,286,879 1. 1,941,470 345,409
Eastman Kodak Co 381,146 1., 2. 348,815 32,331
Eastman Kodak Co 33,025 1., 3. 33,025
Eastman Kodak Co 7,000 1., 4. 7,000
Eastman Kodak Co 940 None 940
Eaton Vance Corp 248,000 1., 2. 248,000
(non-voting)
Eaton Vance Corp 1,056,000 1., 3. 1,056,000
(non-voting)
El Paso Energy Corp 1,772 1. 886 886
El Paso Energy Corp 886 1., 2. 886
El Paso Energy Corp 18,600 1., 3. 18,600
Elf Aquitaine ADS 5,558 1. 4,608 950
Emerson Electric Co 4,684,682 1. 3,942,930 741,752
Emerson Electric Co 515,933 1., 2. 474,948 40,985
Emerson Electric Co 332,800 1., 3. 200 332,600
Emerson Electric Co 8,000 1., 4. 8,000
Emerson Electric Co 3,925 None 3,925
Enesco Group Inc 200,000 1., 3. 200,000
Enron Corp 16,436 1. 500 15,936
</TABLE>
<PAGE>
Page 11 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Enron Corp COMMON 293561106 51 800
Equifax Inc COMMON 294429105 206 6,000
Ericsson (LM) Telephone COMMON 294821400 290 12,192
Co ADR
Exxon Corp COMMON 302290101 740,286 10,491,223
Exxon Corp COMMON 302290101 119,678 1,696,068
Exxon Corp COMMON 302290101 63,096 894,193
Exxon Corp COMMON 302290101 1,411 20,000
Exxon Corp COMMON 302290101 6,007 85,134
FPL Group Inc COMMON 302571104 1,215 22,832
FPL Group Inc COMMON 302571104 244 4,600
FDX Corp COMMON 31304N107 641 6,900
Federal Home Loan COMMON 313400301 1,309 22,856
Mortgage Corp
Federal Home Loan COMMON 313400301 114 2,000
Mortgage Corp
Fannie Mae COMMON 313586109 781,597 11,286,607
Fannie Mae COMMON 313586109 117,238 1,692,970
Fannie Mae COMMON 313586109 47,451 685,225
Fannie Mae COMMON 313586109 1,385 20,000
Fannie Mae COMMON 313586109 2,063 29,800
Fiduciary Trust Co Int'l COMMON 316495100 2,546 56,895
First Data Corp COMMON 319963104 859 20,100
First Data Corp COMMON 319963104 34 800
First Tennessee Natl Corp COMMON 337162101 708 19,350
_________
COLUMN TOTALS 1,888,440
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Enron Corp 800 1., 2. 800
Equifax Inc 6,000 1. 6,000
Ericsson (LM) Telephone 12,192 1. 3,080 9,112
Co ADR
Exxon Corp 10,491,223 1. 8,777,657 1,713,566
Exxon Corp 1,696,068 1., 2. 1,579,888 116,180
Exxon Corp 894,193 1., 3. 487,818 406,375
Exxon Corp 20,000 1., 4. 20,000
Exxon Corp 85,134 None 85,134
FPL Group Inc 22,832 1. 15,020 7,812
FPL Group Inc 4,600 1., 2. 200 4,400
FDX Corp 6,900 1. 5,900 1,000
Federal Home Loan 22,856 1. 18,576 4,280
Mortgage Corp
Federal Home Loan 2,000 1., 2. 2,000
Mortgage Corp
Fannie Mae 11,286,607 1. 9,462,245 1,824,362
Fannie Mae 1,692,970 1., 2. 1,550,695 142,275
Fannie Mae 685,225 1., 3. 500 684,725
Fannie Mae 20,000 1., 4. 20,000
Fannie Mae 29,800 None 29,800
Fiduciary Trust Co Int'l 56,895 1., 3. 56,895
First Data Corp 20,100 1. 10,450 9,650
First Data Corp 800 1., 2. 800
First Tennessee Natl Corp 19,350 1. 19,350
</TABLE>
<PAGE>
Page 12 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
First Union Corp COMMON 337358105 1,640 30,693
Ford Motor Company COMMON 345370100 959,335 16,923,229
Ford Motor Company COMMON 345370100 149,038 2,629,118
Ford Motor Company COMMON 345370100 64,299 1,134,284
Ford Motor Company COMMON 345370100 1,705 30,092
Ford Motor Company COMMON 345370100 3,156 55,678
Fortune Brands Inc COMMON 349631101 312 8,124
Fox Entertainment Group COMMON 35138T107 19,203 707,975
Fox Entertainment Group COMMON 35138T107 9,814 361,825
Fox Entertainment Group COMMON 35138T107 135 5,000
Frontier Corp COMMON 35906P105 113 2,189
Frontier Corp COMMON 35906P105 2,860 55,149
Fuisz Technologies Ltd COMMON 359536109 221 33,768
GTE Corp COMMON 362320103 2,549 42,139
GTE Corp COMMON 362320103 175 2,900
GTE Corp COMMON 362320103 54 900
Gap Inc COMMON 364760108 661 9,830
General Dynamics Corp COMMON 369550108 488 7,600
General Electric Co COMMON 369604103 2,633,074 23,801,802
General Electric Co COMMON 369604103 369,580 3,340,843
General Electric Co COMMON 369604103 160,553 1,451,332
General Electric Co COMMON 369604103 3,761 34,000
General Electric Co COMMON 369604103 11,560 104,500
General Mills Inc COMMON 370334104 2,578 34,122
_________
COLUMN TOTALS 4,396,876
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
First Union Corp 30,693 1. 19,500 11,193
Ford Motor Company 16,923,229 1. 14,211,341 2,711,888
Ford Motor Company 2,629,118 1., 2. 2,437,323 191,795
Ford Motor Company 1,134,284 1., 3. 314,518 819,766
Ford Motor Company 30,092 1., 4. 30,092
Ford Motor Company 55,678 None 55,678
Fortune Brands Inc 8,124 1. 3,680 4,444
Fox Entertainment Group 707,975 1. 595,875 112,100
Fox Entertainment Group 361,825 1., 2. 361,825
Fox Entertainment Group 5,000 1., 3. 5,000
Frontier Corp 2,189 1. 2,189
Frontier Corp 55,149 1., 3. 55,149
Fuisz Technologies Ltd 33,768 1. 33,768
GTE Corp 42,139 1. 5,390 36,749
GTE Corp 2,900 1., 2. 2,900
GTE Corp 900 None 900
Gap Inc 9,830 1. 4,318 5,512
General Dynamics Corp 7,600 1. 7,600
General Electric Co 23,801,802 1. 19,973,185 3,828,617
General Electric Co 3,340,843 1., 2. 3,125,085 215,758
General Electric Co 1,451,332 1., 3. 340,750 1,110,582
General Electric Co 34,000 1., 4. 34,000
General Electric Co 104,500 None 104,500
General Mills Inc 34,122 1. 10,243 23,879
</TABLE>
<PAGE>
Page 13 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
General Mills Inc COMMON 370334104 90 1,200
General Mills Inc COMMON 370334104 245 3,250
General Motors Corp COMMON 370442105 34,270 393,913
General Motors Corp COMMON 370442105 10,513 120,850
General Motors Corp COMMON 370442105 2,140 24,600
Gillette Company COMMON 375766102 1,139,009 19,163,146
Gillette Company COMMON 375766102 175,496 2,952,630
Gillette Company COMMON 375766102 61,309 1,031,490
Gillette Company COMMON 375766102 1,902 32,000
Gillette Company COMMON 375766102 3,523 59,280
Glaxo Wellcome Plc ADR COMMON 37733W105 341 5,106
Guidant Corp COMMON 401698105 1,304 21,560
Halter Marine Group Inc COMMON 40642Y105 69 11,979
Harrahs Entertainment Inc COMMON 413619107 2,001 105,000
Harrahs Entertainment Inc COMMON 413619107 5,623 295,000
Harte Hanks Inc COMMON 416196103 768 28,006
Hartford Financial Ser COMMON 416515104 733 12,912
Group Inc
Hartford Financial Ser COMMON 416515104 113 2,000
Group Inc
Hartford Financial Ser COMMON 416515104 56 1,000
Group Inc
Heinz (H. J.) Co COMMON 423074103 212,093 4,476,914
Heinz (H. J.) Co COMMON 423074103 33,948 716,598
Heinz (H. J.) Co COMMON 423074103 21,009 443,477
Heinz (H. J.) Co COMMON 423074103 1,521 32,115
_________
COLUMN TOTALS 1,708,088
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
General Mills Inc 1,200 1., 2. 1,200
General Mills Inc 3,250 None 3,250
General Motors Corp 393,913 1. 242,315 151,598
General Motors Corp 120,850 1., 2. 96,700 24,150
General Motors Corp 24,600 1., 3. 24,600
Gillette Company 19,163,146 1. 15,947,113 3,216,033
Gillette Company 2,952,630 1., 2. 2,733,800 218,830
Gillette Company 1,031,490 1., 3. 750 1,030,740
Gillette Company 32,000 1., 4. 32,000
Gillette Company 59,280 None 59,280
Glaxo Wellcome Plc ADR 5,106 1. 500 4,606
Guidant Corp 21,560 1. 21,560
Halter Marine Group Inc 11,979 1. 7,986 3,993
Harrahs Entertainment Inc 105,000 1., 2. 105,000
Harrahs Entertainment Inc 295,000 1., 3. 295,000
Harte Hanks Inc 28,006 1. 26,476 1,530
Hartford Financial Ser 12,912 1. 300 12,612
Group Inc
Hartford Financial Ser 2,000 1., 2. 2,000
Group Inc
Hartford Financial Ser 1,000 1., 3. 1,000
Group Inc
Heinz (H. J.) Co 4,476,914 1. 3,942,021 534,893
Heinz (H. J.) Co 716,598 1., 2. 703,750 12,848
Heinz (H. J.) Co 443,477 1., 3. 420,000 23,477
Heinz (H. J.) Co 32,115 None 32,115
</TABLE>
<PAGE>
Page 14 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Hertz Corp COMMON 428040109 23,197 433,590
Hertz Corp COMMON 428040109 4,295 80,297
Hertz Corp COMMON 428040109 1,674 31,300
Hertz Corp COMMON 428040109 214 4,000
Hewlett-Packard Co COMMON 428236103 374,171 5,517,730
Hewlett-Packard Co COMMON 428236103 73,863 1,089,226
Hewlett-Packard Co COMMON 428236103 25,075 369,775
Hewlett-Packard Co COMMON 428236103 745 11,000
Hibernia Corp Class A COMMON 428656102 112 8,554
Hibernia Corp Class A COMMON 428656102 295 22,400
Home Depot Inc COMMON 437076102 33,447 537,307
Home Depot Inc COMMON 437076102 11,391 182,998
Home Depot Inc COMMON 437076102 1,462 23,500
Honeywell Inc COMMON 438506107 1,564 20,630
Honeywell Inc COMMON 438506107 22 300
Hubbell Inc Cl B COMMON 443510201 2,792 69,816
IXC Communications Inc. COMMON 450713102 13,611 296,717
IKON Office Solutions COMMON 451713101 205 16,000
Il Fornaio America Corp COMMON 451926109 246 25,240
Illinois Tool Works Inc COMMON 452308109 247 4,000
Illinois Tool Works Inc COMMON 452308109 1,008 16,300
Imclone Systems Inc COMMON 45245W109 2,813 166,700
Imperial Chemical Ind ADS COMMON 452704505 415 11,600
_______
COLUMN TOTALS 572,874
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Hertz Corp 433,590 1. 365,890 67,700
Hertz Corp 80,297 1., 2. 55,025 25,272
Hertz Corp 31,300 1., 3. 31,300
Hertz Corp 4,000 1., 4. 4,000
Hewlett-Packard Co 5,517,730 1. 4,650,054 867,676
Hewlett-Packard Co 1,089,226 1., 2. 1,005,725 83,501
Hewlett-Packard Co 369,775 1., 3. 250 369,525
Hewlett-Packard Co 11,000 1., 4. 11,000
Hibernia Corp Class A 8,554 1. 8,554
Hibernia Corp Class A 22,400 1., 2. 22,400
Home Depot Inc 537,307 1. 491,963 45,344
Home Depot Inc 182,998 1., 2. 161,298 21,700
Home Depot Inc 23,500 1., 3. 23,500
Honeywell Inc 20,630 1. 12,300 8,330
Honeywell Inc 300 1., 2. 300
Hubbell Inc Cl B 69,816 1. 20,637 49,179
IXC Communications Inc. 296,717 1., 3. 296,717
IKON Office Solutions 16,000 1. 16,000
Il Fornaio America Corp 25,240 1. 25,240
Illinois Tool Works Inc 4,000 1. 2,200 1,800
Illinois Tool Works Inc 16,300 1., 2. 16,300
Imclone Systems Inc 166,700 1. 46,700 120,000
Imperial Chemical Ind ADS 11,600 1. 11,600
</TABLE>
<PAGE>
Page 15 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Imperial Chemical Ind ADS COMMON 452704505 2 67
Intel Corporation COMMON 458140100 1,609,882 13,542,648
Intel Corporation COMMON 458140100 271,152 2,280,989
Intel Corporation COMMON 458140100 102,765 864,480
Intel Corporation COMMON 458140100 3,328 28,000
Intel Corporation COMMON 458140100 3,565 29,990
Intl Business Machines COMMON 459200101 3,058 17,258
Interpublic Group Cos Inc COMMON 460690100 207 2,670
Invensys PLC Spons ADR COMMON 461204109 123 13,927
Investors Finl Services COMMON 461915100 1,189 41,376
Investors Finl Services COMMON 461915100 10,815 376,192
Jefferson-Pilot Corp COMMON 475070108 2,004 29,588
Johns Manville Corp COMMON 478129109 1,552 90,010
Johns Manville Corp COMMON 478129109 3,192 185,050
Johnson & Johnson COMMON 478160104 1,184,760 12,671,232
Johnson & Johnson COMMON 478160104 201,534 2,155,450
Johnson & Johnson COMMON 478160104 72,275 773,000
Johnson & Johnson COMMON 478160104 2,431 26,000
Johnson & Johnson COMMON 478160104 2,196 23,495
K N Energy Inc COMMON 482620101 88 4,416
K N Energy Inc COMMON 482620101 3,195 160,251
K N Energy Inc COMMON 482620101 739 37,101
Kellogg Co COMMON 487836108 265,361 7,848,043
Kellogg Co COMMON 487836108 46,278 1,368,682
Kellogg Co COMMON 487836108 26,598 786,642
_________
COLUMN TOTALS 3,818,300
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Imperial Chemical Ind ADS 67 None 67
Intel Corporation 13,542,648 1. 11,372,931 2,169,717
Intel Corporation 2,280,989 1., 2. 2,112,314 168,675
Intel Corporation 864,480 1., 3. 600 863,880
Intel Corporation 28,000 1., 4. 28,000
Intel Corporation 29,990 None 29,990
Intl Business Machines 17,258 1. 4,546 12,712
Interpublic Group Cos Inc 2,670 1. 2,670
Invensys PLC Spons ADR 13,927 1. 13,927
Investors Finl Services 41,376 1., 2. 41,376
Investors Finl Services 376,192 1., 3. 376,192
Jefferson-Pilot Corp 29,588 1. 13,232 16,356
Johns Manville Corp 90,010 1., 2. 90,010
Johns Manville Corp 185,050 1., 3. 185,050
Johnson & Johnson 12,671,232 1. 10,557,795 2,113,437
Johnson & Johnson 2,155,450 1., 2. 1,992,185 163,265
Johnson & Johnson 773,000 1., 3. 550 772,450
Johnson & Johnson 26,000 1., 4. 26,000
Johnson & Johnson 23,495 None 23,495
K N Energy Inc 4,416 1. 3,711 705
K N Energy Inc 160,251 1., 3. 160,251
K N Energy Inc 37,101 None 37,101
Kellogg Co 7,848,043 1. 6,619,409 1,228,634
Kellogg Co 1,368,682 1., 2. 1,296,026 72,656
Kellogg Co 786,642 1., 3. 468,010 318,632
</TABLE>
<PAGE>
Page 16 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Kellogg Co COMMON 487836108 473 14,000
Kellogg Co COMMON 487836108 1,683 49,791
KeyCorp (New) COMMON 493267108 2,292 75,616
KeyCorp (New) COMMON 493267108 51 1,700
KeySpan Energy Corp COMMON 49337K106 405 16,140
KeySpan Energy Corp COMMON 49337K106 75 3,000
Kimberly-Clark Corp COMMON 494368103 361 7,546
Kimberly-Clark Corp COMMON 494368103 33 693
Kinder Morgan Energy COMMON 494550106 25,785 744,715
Partners L P
Kinder Morgan Energy COMMON 494550106 1,109 32,050
Partners L P
Kinder Morgan Energy COMMON 494550106 69 2,000
Partners L P
Kohls Corp COMMON 500255104 439 6,200
L'Oreal Co ADR COMMON 502117203 637 5,000
Unsponsored
Lauder (Estee) Co COMMON 518439104 35,898 379,875
Cl A
Lauder (Estee) Co COMMON 518439104 20,149 213,225
Cl A
Lauder (Estee) Co COMMON 518439104 10,321 109,225
Cl A
Leggett & Platt Inc COMMON 524660107 1,600 80,000
Lilly Eli & Co COMMON 532457108 8,406 99,046
Lilly Eli & Co COMMON 532457108 6,289 74,100
_______
COLUMN TOTALS 116,083
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Kellogg Co 14,000 1., 4. 14,000
Kellogg Co 49,791 None 49,791
KeyCorp (New) 75,616 1. 66,360 9,256
KeyCorp (New) 1,700 1., 2. 1,700
KeySpan Energy Corp 16,140 1. 15,876 264
KeySpan Energy Corp 3,000 1., 2. 3,000
Kimberly-Clark Corp 7,546 1. 2,300 5,246
Kimberly-Clark Corp 693 1., 2. 693
Kinder Morgan Energy 744,715 1. 416,575 328,140
Partners L P
Kinder Morgan Energy 32,050 1., 2. 3,000 29,050
Partners L P
Kinder Morgan Energy 2,000 None 2,000
Partners L P
Kohls Corp 6,200 1. 6,200
L'Oreal Co ADR 5,000 1. 5,000
Unsponsored
Lauder (Estee) Co 379,875 1. 270,750 109,125
Cl A
Lauder (Estee) Co 213,225 1., 2. 197,725 15,500
Cl A
Lauder (Estee) Co 109,225 1., 3. 250 108,975
Cl A
Leggett & Platt Inc 80,000 1., 3. 80,000
Lilly Eli & Co 99,046 1. 48,601 50,445
Lilly Eli & Co 74,100 1., 2. 73,700 400
</TABLE>
<PAGE>
Page 17 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Lilly Eli & Co COMMON 532457108 536 6,320
Lincoln Electric Hldgs COMMON 533900106 1,925 103,400
Lincoln National Corp COMMON 534187109 358 3,624
Lucent Technologies Inc COMMON 549463107 2,632 24,370
Lucent Technologies Inc COMMON 549463107 85 788
MBIA Inc COMMON 55262C100 260 4,490
MBIA Inc COMMON 55262C100 1 25
MBNA Corp COMMON 55262L100 378 15,862
MCI WORLDCOM Inc COMMON 55268B106 2,796 31,580
MCI WORLDCOM Inc COMMON 55268B106 185 2,100
Mail-Well Hldgs Inc COMMON 560321200 3,867 289,182
Marsh & McLennan Cos, Inc COMMON 571748102 250,831 3,378,197
Marsh & McLennan Cos, Inc COMMON 571748102 81,955 1,103,783
Marsh & McLennan Cos, Inc COMMON 571748102 26,884 362,075
Marsh & McLennan Cos, Inc COMMON 571748102 1,137 15,325
Martin Marietta Mtls Inc COMMON 573284106 233 4,095
Masco Corp COMMON 574599106 372 13,200
Mattel Inc COMMON 577081102 764 30,673
May Department Stores Co COMMON 577778103 175,670 4,489,973
May Department Stores Co COMMON 577778103 28,378 725,325
May Department Stores Co COMMON 577778103 1,083 27,699
May Department Stores Co COMMON 577778103 1,300 33,232
McDonalds Corp COMMON 580135101 242,499 5,351,714
_______
COLUMN TOTALS 824,141
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Lilly Eli & Co 6,320 None 6,320
Lincoln Electric Hldgs 103,400 1., 3. 103,400
Lincoln National Corp 3,624 1. 1,540 2,084
Lucent Technologies Inc 24,370 1. 7,497 16,873
Lucent Technologies Inc 788 1., 2. 466 322
MBIA Inc 4,490 1. 2,560 1,930
MBIA Inc 25 1., 2. 25
MBNA Corp 15,862 1. 6,187 9,675
MCI WORLDCOM Inc 31,580 1. 28,938 2,642
MCI WORLDCOM Inc 2,100 1., 2. 2,100
Mail-Well Hldgs Inc 289,182 1., 3. 289,182
Marsh & McLennan Cos, Inc 3,378,197 1. 2,760,425 617,772
Marsh & McLennan Cos, Inc 1,103,783 1., 2. 1,012,978 90,805
Marsh & McLennan Cos, Inc 362,075 1., 3. 450 361,625
Marsh & McLennan Cos, Inc 15,325 None 15,325
Martin Marietta Mtls Inc 4,095 1. 2,826 1,269
Masco Corp 13,200 1. 12,000 1,200
Mattel Inc 30,673 1. 27,691 2,982
May Department Stores Co 4,489,973 1. 3,878,086 611,888
May Department Stores Co 725,325 1., 2. 708,075 17,250
May Department Stores Co 27,699 1., 3. 27,699
May Department Stores Co 33,232 None 33,232
McDonalds Corp 5,351,714 1. 4,339,045 1,012,669
</TABLE>
<PAGE>
Page 18 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
McDonalds Corp COMMON 580135101 28,081 619,740
McDonalds Corp COMMON 580135101 22,348 493,200
McDonalds Corp COMMON 580135101 1,087 24,000
McGraw-Hill Inc COMMON 580645109 349,660 6,415,787
McGraw-Hill Inc COMMON 580645109 37,660 691,020
McGraw-Hill Inc COMMON 580645109 21,701 398,200
McGraw-Hill Inc COMMON 580645109 708 13,000
McGraw-Hill Inc COMMON 580645109 57 1,060
McKesson HBOC Inc COMMON 58155Q103 1,466 22,220
McKesson HBOC Inc COMMON 58155Q103 43 664
MediaOne Group Inc COMMON 58440J104 388 6,127
MediaOne Group Inc COMMON 58440J104 17 273
Medtronic Inc COMMON 585055106 3,757 52,284
Mellon Bank Corp COMMON 585509102 6,040 85,829
Mellon Bank Corp COMMON 585509102 3,721 52,881
Mellon Bank Corp COMMON 585509102 256,457 3,644,154
Merck & Co Inc COMMON 589331107 2,242,148 27,983,135
Merck & Co Inc COMMON 589331107 299,940 3,743,408
Merck & Co Inc COMMON 589331107 252,435 3,150,518
Merck & Co Inc COMMON 589331107 3,205 40,000
Merck & Co Inc COMMON 589331107 10,585 132,112
Meridian Resource Corp COMMON 58977Q109 118 35,000
Meritor Automotive Inc COMMON 59000G100 147 9,522
Meritor Automotive Inc COMMON 59000G100 29 1,872
Meritor Automotive Inc COMMON 59000G100 3 200
Merrill Lynch & Co Inc COMMON 590188108 30,995 350,231
_________
COLUMN TOTALS 3,572,808
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
McDonalds Corp 619,740 1., 2. 481,080 138,660
McDonalds Corp 493,200 1., 3. 500 492,700
McDonalds Corp 24,000 1., 4. 24,000
McGraw-Hill Inc 6,415,787 1. 5,706,819 708,968
McGraw-Hill Inc 691,020 1., 2. 624,888 66,132
McGraw-Hill Inc 398,200 1., 3. 398,200
McGraw-Hill Inc 13,000 1., 4. 13,000
McGraw-Hill Inc 1,060 None 1,060
McKesson HBOC Inc 22,220 1. 22,220
McKesson HBOC Inc 664 1., 2. 664
MediaOne Group Inc 6,127 1. 6,127
MediaOne Group Inc 273 1., 2. 273
Medtronic Inc 52,284 1. 46,440 5,844
Mellon Bank Corp 85,829 1. 76,059 9,770
Mellon Bank Corp 52,881 1., 2. 52,881
Mellon Bank Corp 3,644,154 1., 3. 3,644,154
Merck & Co Inc 27,983,135 1. 23,049,056 4,934,079
Merck & Co Inc 3,743,408 1., 2. 3,454,085 289,323
Merck & Co Inc 3,150,518 1., 3. 1,758,900 1,391,618
Merck & Co Inc 40,000 1., 4. 40,000
Merck & Co Inc 132,112 None 132,112
Meridian Resource Corp 35,000 1. 35,000
Meritor Automotive Inc 9,522 1. 3,152 6,369
Meritor Automotive Inc 1,872 1., 2. 1,265 607
Meritor Automotive Inc 200 1., 3. 200
Merrill Lynch & Co Inc 350,231 1. 225,011 125,220
</TABLE>
<PAGE>
Page 19 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Merrill Lynch & Co Inc COMMON 590188108 11,669 131,860
Merrill Lynch & Co Inc COMMON 590188108 7,035 79,500
Merrill Lynch & Co Inc COMMON 590188108 123 1,400
Merrill Lynch & Co Inc COMMON 590188611 108 10,000
S & P 500 MITTS due 07/01/05
Merrill Lynch & Co Inc COMMON 590188678 88 10,000
Russell 2000 Index MITTS
Due 09/30/04
Mesa Royalty Trust COMMON 590660106 43 1,000
Mesa Royalty Trust COMMON 590660106 390 9,000
Mesa Royalty Trust COMMON 590660106 13 300
Microsoft Corp COMMON 594918104 351,926 3,926,658
Microsoft Corp COMMON 594918104 66,205 738,700
Microsoft Corp COMMON 594918104 28,187 314,500
Microsoft Corp COMMON 594918104 1,523 17,000
Microsoft Corp COMMON 594918104 89 1,000
Microsemi Corp COMMON 595137100 85 10,784
Minnesota Mining & Mfg COMMON 604059105 60,780 859,093
Minnesota Mining & Mfg COMMON 604059105 3,223 45,566
Minnesota Mining & Mfg COMMON 604059105 275 3,900
Minnesota Mining & Mfg COMMON 604059105 1,248 17,640
Mirage Resorts Inc COMMON 60462E104 21 1,000
Mirage Resorts Inc COMMON 60462E104 1,687 79,400
Miravant Med Technologies COMMON 604690107 171 24,999
Mobil Corp COMMON 607059102 628,128 7,137,823
Mobil Corp COMMON 607059102 93,992 1,068,093
_________
COLUMN TOTALS 1,257,021
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Merrill Lynch & Co Inc 131,860 1., 2. 107,185 24,675
Merrill Lynch & Co Inc 79,500 1., 3. 79,500
Merrill Lynch & Co Inc 1,400 None 1,400
Merrill Lynch & Co Inc 10,000 1. 10,000
S & P 500 MITTS due 07/01/05
Merrill Lynch & Co Inc 10,000 1. 10,000
Russell 2000 Index MITTS
Due 09/30/04
Mesa Royalty Trust 1,000 1. 1,000
Mesa Royalty Trust 9,000 1., 3. 9,000
Mesa Royalty Trust 300 None 300
Microsoft Corp 3,926,658 1. 3,444,608 482,050
Microsoft Corp 738,700 1., 2. 607,900 130,800
Microsoft Corp 314,500 1., 3. 314,500
Microsoft Corp 17,000 1., 4. 17,000
Microsoft Corp 1,000 None 1,000
Microsemi Corp 10,784 1. 10,784
Minnesota Mining & Mfg 859,093 1. 538,122 320,971
Minnesota Mining & Mfg 45,566 1., 2. 22,600 22,966
Minnesota Mining & Mfg 3,900 1., 3. 3,900
Minnesota Mining & Mfg 17,640 None 17,640
Mirage Resorts Inc 1,000 1. 1,000
Mirage Resorts Inc 79,400 1., 2. 79,400
Miravant Med Technologies 24,999 1. 24,999
Mobil Corp 7,137,823 1. 6,086,354 1,051,469
Mobil Corp 1,068,093 1., 2. 1,011,243 56,850
</TABLE>
<PAGE>
Page 20 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Mobil Corp COMMON 607059102 78,834 895,845
Mobil Corp COMMON 607059102 1,056 12,000
Mobil Corp COMMON 607059102 2,749 31,249
Monsanto Co COMMON 611662107 702 15,300
Monsanto Co COMMON 611662107 24 528
Morgan JP & Co Inc COMMON 616880100 6,376 51,680
Morgan JP & Co Inc COMMON 616880100 42 347
Morgan Stanley Dean COMMON 617446448 2,489 24,909
Witter & Co
Morgan Stanley Dean COMMON 617446448 599 6,000
Witter & Co
New Plan Excel Realty COMMON 648053106 191 10,000
Trust Inc
News Corp Ltd ADS COMMON 652487703 101,296 3,433,771
News Corp Ltd ADS COMMON 652487703 21,546 730,388
News Corp Ltd ADS COMMON 652487703 244 8,300
News Corp Ltd ADS COMMON 652487703 236 8,000
News Corp Ltd Preference CV-PFD 652487802 68,484 2,490,334
Limited Voting Pref ADS
News Corp Ltd Preference CV-PFD 652487802 12,644 459,809
Limited Voting Pref ADS
News Corp Ltd Preference CV-PFD 652487802 6,935 252,200
Limited Voting Pref ADS
News Corp Ltd Preference CV-PFD 652487802 275 10,000
Limited Voting Pref ADS
NIKE Inc Class B COMMON 654106103 334 5,800
Nokia Corp Sponsored ADR COMMON 654902204 685 4,400
1/2 sh pfd.
_ _______
COLUMN TOTALS 305,749
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Mobil Corp 895,845 1., 3. 620,300 275,545
Mobil Corp 12,000 1., 4. 12,000
Mobil Corp 31,249 None 31,249
Monsanto Co 15,300 1. 11,460 3,840
Monsanto Co 528 1., 2. 528
Morgan JP & Co Inc 51,680 1. 24,607 27,073
Morgan JP & Co Inc 347 1., 2. 347
Morgan Stanley Dean 24,909 1. 24,767 142
Witter & Co
Morgan Stanley Dean 6,000 1., 2. 6,000
Witter & Co
New Plan Excel Realty 10,000 1. 10,000
Trust Inc
News Corp Ltd ADS 3,433,771 1. 2,957,632 476,139
News Corp Ltd ADS 730,388 1., 2. 727,088 3,300
News Corp Ltd ADS 8,300 1., 3. 8,300
News Corp Ltd ADS 8,000 1., 4. 8,000
News Corp Ltd Preference 2,490,334 1. 2,037,686 452,648
Limited Voting Pref ADS
News Corp Ltd Preference 459,809 1., 2. 437,659 22,150
Limited Voting Pref ADS
News Corp Ltd Preference 252,200 1., 3. 500 251,700
Limited Voting Pref ADS
News Corp Ltd Preference 10,000 1., 4. 10,000
Limited Voting Pref ADS
NIKE Inc Class B 5,800 1. 2,200 3,600
Nokia Corp Sponsored ADR 4,400 1. 4,000 400
1/2 sh pfd.
</TABLE>
<PAGE>
Page 21 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Nokia Corp Sponsored ADR COMMON 654902204 46 300
1/2 sh pfd.
Norfolk Southern Corp COMMON 655844108 266,519 10,105,017
Norfolk Southern Corp COMMON 655844108 46,267 1,754,215
Norfolk Southern Corp COMMON 655844108 18,065 684,950
Norfolk Southern Corp COMMON 655844108 553 21,000
Norfolk Southern Corp COMMON 655844108 371 14,100
Northern Trust Corp COMMON 665859104 677 7,626
Ogden Corp COMMON 676346109 45 1,905
Ogden Corp COMMON 676346109 2,407 100,036
Omnicom Group COMMON 681919106 469 5,870
Oracle Corp COMMON 68389X105 771 29,249
Oracle Corp COMMON 68389X105 5 225
Owens Corning Corp COMMON 69073F103 36,283 1,140,549
Owens Corning Corp COMMON 69073F103 14,181 445,769
Owens Corning Corp COMMON 69073F103 3,030 95,267
Owens Corning Corp COMMON 69073F103 12 400
PNC Bank Corp COMMON 693475105 3,200 57,606
PNC Bank Corp COMMON 693475105 138 2,500
PPG Industries Inc COMMON 693506107 64 1,250
PPG Industries Inc COMMON 693506107 153 3,000
Parker Hannifin Corp COMMON 701094104 503 14,700
PennzEnergy Co COMMON 70931Q109 1,304 124,252
PennzEnergy Co COMMON 70931Q109 163 15,533
PennzEnergy Co COMMON 70931Q109 4,042 385,000
________
COLUMN TOTALS 399,281
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Nokia Corp Sponsored ADR 300 1., 2. 300
1/2 sh pfd.
Norfolk Southern Corp 10,105,017 1. 8,465,393 1,639,624
Norfolk Southern Corp 1,754,215 1., 2. 1,626,770 127,445
Norfolk Southern Corp 684,950 1., 3. 300 684,650
Norfolk Southern Corp 21,000 1., 4. 21,000
Norfolk Southern Corp 14,100 None 14,100
Northern Trust Corp 7,626 1. 3,326 4,300
Ogden Corp 1,905 1. 1,505 400
Ogden Corp 100,036 1., 3. 100,036
Omnicom Group 5,870 1. 5,870
Oracle Corp 29,249 1. 5,737 23,512
Oracle Corp 225 1., 2. 225
Owens Corning Corp 1,140,549 1. 972,891 167,658
Owens Corning Corp 445,769 1., 2. 440,294 5,475
Owens Corning Corp 95,267 1., 3. 95,267
Owens Corning Corp 400 None 400
PNC Bank Corp 57,606 1. 46,600 11,006
PNC Bank Corp 2,500 1., 2. 2,500
PPG Industries Inc 1,250 1. 50 1,200
PPG Industries Inc 3,000 1., 2. 3,000
Parker Hannifin Corp 14,700 1. 14,700
PennzEnergy Co 124,252 1. 110,633 13,619
PennzEnergy Co 15,533 1., 2. 15,000 533
PennzEnergy Co 385,000 1., 3. 385,000
</TABLE>
<PAGE>
Page 22 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
PennzEnergy Co COMMON 70931Q109 36 3,467
Pennzoil-Quaker State Co COMMON 709323109 1,537 124,252
Pennzoil-Quaker State Co COMMON 709323109 192 15,533
Pennzoil-Quaker State Co COMMON 709323109 4,764 385,000
Pennzoil-Quaker State Co COMMON 709323109 42 3,467
PepsiCo Inc COMMON 713448108 933,011 23,808,915
PepsiCo Inc COMMON 713448108 151,008 3,853,479
PepsiCo Inc COMMON 713448108 44,583 1,137,700
PepsiCo Inc COMMON 713448108 1,371 35,000
PepsiCo Inc COMMON 713448108 2,701 68,950
Pfizer Inc COMMON 717081103 2,882,375 20,773,878
Pfizer Inc COMMON 717081103 452,800 3,263,425
Pfizer Inc COMMON 717081103 170,877 1,231,550
Pfizer Inc COMMON 717081103 5,272 38,000
Pfizer Inc COMMON 717081103 9,889 71,278
Philip Morris Cos Inc COMMON 718154107 1,260,628 35,826,028
Philip Morris Cos Inc COMMON 718154107 189,434 5,383,564
Philip Morris Cos Inc COMMON 718154107 311,003 8,838,470
Philip Morris Cos Inc COMMON 718154107 1,794 51,000
Philip Morris Cos Inc COMMON 718154107 9,410 267,432
Phoenix Aggressive Gr Fd COMMON 718900509 233 11,602
Class A
Pitney-Bowes Inc COMMON 724479100 1,177 18,472
Plum Creek Timber Co LP COMMON 729237107 213 7,500
Polo Ralph Lauren Corp COMMON 731572103 14,940 751,715
Polo Ralph Lauren Corp COMMON 731572103 3,657 184,000
Polo Ralph Lauren Corp COMMON 731572103 3,669 184,650
_________
COLUMN TOTALS 6,456,629
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
PennzEnergy Co 3,467 None 3,467
Pennzoil-Quaker State Co 124,252 1. 110,633 13,619
Pennzoil-Quaker State Co 15,533 1., 2. 15,000 533
Pennzoil-Quaker State Co 385,000 1., 3. 385,000
Pennzoil-Quaker State Co 3,467 None 3,467
PepsiCo Inc 23,808,915 1. 19,885,029 3,923,886
PepsiCo Inc 3,853,479 1., 2. 3,622,797 230,682
PepsiCo Inc 1,137,700 1., 3. 800 1,136,900
PepsiCo Inc 35,000 1., 4. 35,000
PepsiCo Inc 68,950 None 68,950
Pfizer Inc 20,773,878 1. 17,368,336 3,405,542
Pfizer Inc 3,263,425 1., 2. 3,020,535 242,890
Pfizer Inc 1,231,550 1., 3. 750 1,230,800
Pfizer Inc 38,000 1., 4. 38,000
Pfizer Inc 71,278 None 71,278
Philip Morris Cos Inc 35,826,028 1. 28,671,997 7,154,031
Philip Morris Cos Inc 5,383,564 1., 2. 5,057,165 326,399
Philip Morris Cos Inc 8,838,470 1., 3. 5,599,350 3,239,120
Philip Morris Cos Inc 51,000 1., 4. 51,000
Philip Morris Cos Inc 267,432 None 267,432
Phoenix Aggressive Gr Fd 11,602 1. 11,602
Class A
Pitney-Bowes Inc 18,472 1. 6,000 12,472
Plum Creek Timber Co LP 7,500 1. 7,500
Polo Ralph Lauren Corp 751,715 1. 592,150 159,565
Polo Ralph Lauren Corp 184,000 1., 2. 163,400 20,600
Polo Ralph Lauren Corp 184,650 1., 3. 184,650
</TABLE>
<PAGE>
Page 23 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Price (T Rowe) Assn Inc COMMON 741477103 193 5,624
Price (T Rowe) Assn Inc COMMON 741477103 137,500 4,000,000
Procter & Gamble COMMON 742718109 140371 14,332,791
Procter & Gamble COMMON 742718109 211,907 2,163,697
Procter & Gamble COMMON 742718109 141,928 1,449,178
Procter & Gamble COMMON 742718109 2,350 24,000
Procter & Gamble COMMON 742718109 4,957 50,616
Progressive Corp Ohio COMMON 743315103 408 2,850
Promus Hotel Corp COMMON 74342P106 32 900
Promus Hotel Corp COMMON 74342P106 1,766 48,562
Promus Hotel Corp COMMON 74342P106 4,962 136,437
Providian Finl Corp COMMON 74406A102 330 3,000
Quorum Health Group Inc COMMON 749084109 172 17,232
Ralston Purina Co COMMON 751277302 278 10,451
Rational Software Corp COMMON 75409P202 4,145 154,610
Rational Software Corp COMMON 75409P202 1,807 67,400
Reliant Energy Inc COMMON 75952J108 571 21,920
Reliant Energy Inc COMMON 75952J108 9 357
Rockwell Intl Corp New COMMON 773903109 60,877 1,434,529
Rockwell Intl Corp New COMMON 773903109 6,373 150,180
Rockwell Intl Corp New COMMON 773903109 11,461 270,075
Rockwell Intl Corp New COMMON 773903109 212 5,000
Rohm & Haas Co COMMON 775371107 63,675 1,897,232
Rohm & Haas Co COMMON 775371107 936 27,900
_________
COLUMN TOTALS 2,060,577
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Price (T Rowe) Assn Inc 5,624 1. 1,624 4,000
Price (T Rowe) Assn Inc 4,000,000 1., 3. 4,000,000
Procter & Gamble 14,332,791 1. 11,836,136 2,496,655
Procter & Gamble 2,163,697 1., 2. 2,012,460 151,237
Procter & Gamble 1,449,178 1., 3. 736,600 712,578
Procter & Gamble 24,000 1., 4. 24,000
Procter & Gamble 50,616 None 50,616
Progressive Corp Ohio 2,850 1. 2,850
Promus Hotel Corp 900 1. 900
Promus Hotel Corp 48,562 1., 2. 48,562
Promus Hotel Corp 136,437 1., 3. 136,437
Providian Finl Corp 3,000 1. 3,000
Quorum Health Group Inc 17,232 1. 17,232
Ralston Purina Co 10,451 1. 7,800 2,651
Rational Software Corp 154,610 1. 120,552 34,058
Rational Software Corp 67,400 1., 3. 67,400
Reliant Energy Inc 21,920 1. 5,625 16,295
Reliant Energy Inc 357 1., 2. 357
Rockwell Intl Corp New 1,434,529 1. 1,117,579 316,950
Rockwell Intl Corp New 150,180 1., 2. 96,025 54,155
Rockwell Intl Corp New 270,075 1., 3. 225 269,850
Rockwell Intl Corp New 5,000 None 5,000
Rohm & Haas Co 1,897,232 1. 1,641,291 255,941
Rohm & Haas Co 27,900 1., 2. 27,900
</TABLE>
<PAGE>
Page 24 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Rohm & Haas Co COMMON 775371107 2,607 77,700
Rohm & Haas Co COMMON 775371107 704 21,000
Royal Dutch Petroleum Co COMMON 780257804 600,389 11,545,945
N Y Registry Shares
Royal Dutch Petroleum Co COMMON 780257804 76,660 1,474,248
N Y Registry Shares
Royal Dutch Petroleum Co COMMON 780257804 19,390 372,900
N Y Registry Shares
Royal Dutch Petroleum Co COMMON 780257804 1,144 22,000
N Y Registry Shares
Royal Dutch Petroleum Co COMMON 780257804 1,439 27,675
N Y Registry Shares
SBC Communications Inc COMMON 78387G103 723,253 15,327,235
SBC Communications Inc COMMON 78387G103 125,484 2,659,269
SBC Communications Inc COMMON 78387G103 43,663 925,318
SBC Communications Inc COMMON 78387G103 1,481 31,406
SBC Communications Inc COMMON 78387G103 1,202 25,476
Sabine Royalty Trust COMMON 785688102 2,081 150,000
Sabine Royalty Trust COMMON 785688102 1 140
Sara Lee Corp COMMON 803111103 176,715 7,140,040
Sara Lee Corp COMMON 803111103 23,267 940,100
Sara Lee Corp COMMON 803111103 1,960 79,200
Sara Lee Corp COMMON 803111103 495 20,000
Sara Lee Corp COMMON 803111103 856 34,600
Schering-Plough Corp COMMON 806605101 37,414 677,193
Schering-Plough Corp COMMON 806605101 10,514 190,300
Schlumberger Ltd COMMON 806857108 8,669 144,048
Schlumberger Ltd COMMON 806857108 315 5,250
Schweitzer-Mauduit Int'l COMMON 808541106 388 33,824
_________
COLUMN TOTALS 1,860,104
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Rohm & Haas Co 77,700 1., 3. 77,700
Rohm & Haas Co 21,000 1., 4. 21,000
Royal Dutch Petroleum Co 11,545,945 1. 9,597,425 1,948,520
N Y Registry Shares
Royal Dutch Petroleum Co 1,474,248 1., 2. 1,374,228 100,020
N Y Registry Shares
Royal Dutch Petroleum Co 372,900 1., 3. 372,900
N Y Registry Shares
Royal Dutch Petroleum Co 22,000 1., 4. 22,000
N Y Registry Shares
Royal Dutch Petroleum Co 27,675 None 27,675
N Y Registry Shares
SBC Communications Inc 15,327,235 1. 13,031,446 2,295,789
SBC Communications Inc 2,659,269 1., 2. 2,468,612 190,657
SBC Communications Inc 925,318 1., 3. 76,148 849,170
SBC Communications Inc 31,406 1., 4. 31,406
SBC Communications Inc 25,476 None 25,476
Sabine Royalty Trust 150,000 1., 3. 150,000
Sabine Royalty Trust 140 None 140
Sara Lee Corp 7,140,040 1. 6,311,296 828,744
Sara Lee Corp 940,100 1., 2. 927,500 12,600
Sara Lee Corp 79,200 1., 3. 79,200
Sara Lee Corp 20,000 1., 4. 20,000
Sara Lee Corp 34,600 None 34,600
Schering-Plough Corp 677,193 1. 404,312 272,881
Schering-Plough Corp 190,300 1., 2. 185,500 4,800
Schlumberger Ltd 144,048 1. 5,152 138,896
Schlumberger Ltd 5,250 None 5,250
Schweitzer-Mauduit Int'l 33,824 1. 2,992 30,832
</TABLE>
<PAGE>
Page 25 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Scios Inc COMMON 808905103 290 32,000
Seagram Company Ltd COMMON 811850106 6,829 136,586
Seagram Company Ltd COMMON 811850106 179 3,590
Seagram Company Ltd COMMON 811850106 220 4,400
Service Corp Intl COMMON 817565104 330 23,211
Shell Transport & Trading COMMON 822703609 668 16,446
PLC
Shell Transport & Trading COMMON 822703609 1,300 32,000
PLC
Sherwin-Williams Co COMMON 824348106 303 10,800
Sherwin-Williams Co COMMON 824348106 67 2,400
Smith Intl Inc COMMON 832110100 1,331 33,277
SmithKline Beecham PLC - COMMON 832378301 1,318 18,446
@ ADR (represent. 5 Ord. S h.
Solectron Corp COMMON 834182107 2,224 45,800
Southwest Airlines Co COMMON 844741108 1,052 34,807
Southwest Airlines Co COMMON 844741108 13 450
Southwest Airlines Co COMMON 844741108 19,418 641,932
Southwest Bancorp Texas COMMON 84476R109 226 18,368
Sprint Corp (FON Group) COMMON 852061100 205 2,091
Standard Microsystems COMMON 853626109 85 10,841
Starbucks Corp COMMON 855244109 342 12,200
__ ______
COLUMN TOTALS 36,407
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Scios Inc 32,000 1. 32,000
Seagram Company Ltd 136,586 1. 109,110 27,476
Seagram Company Ltd 3,590 1., 2. 400 3,190
Seagram Company Ltd 4,400 1., 3. 4,400
Service Corp Intl 23,211 1. 16,231 6,980
Shell Transport & Trading 16,446 1. 7,696 8,750
PLC
Shell Transport & Trading 32,000 None 32,000
PLC
Sherwin-Williams Co 10,800 1. 10,800
Sherwin-Williams Co 2,400 1., 2. 2,400
Smith Intl Inc 33,277 None 33,277
SmithKline Beecham PLC - 18,446 1. 9,646 8,800
@ ADR (represent. 5 Ord. S
Solectron Corp 45,800 1. 20,320 25,480
Southwest Airlines Co 34,807 1. 6,817 27,990
Southwest Airlines Co 450 1., 2. 450
Southwest Airlines Co 641,932 None 641,932
Southwest Bancorp Texas 18,368 1. 16,242 2,126
Sprint Corp (FON Group) 2,091 1. 2,091
Standard Microsystems 10,841 1. 10,841
Starbucks Corp 12,200 1. 12,200
</TABLE>
<PAGE>
Page 26 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Sun Microsystems Inc COMMON 866810104 463 3,705
SunTrust Banks Inc COMMON 867914103 78,603 1,262,714
SunTrust Banks Inc COMMON 867914103 9,160 147,155
SunTrust Banks Inc COMMON 867914103 12,935 207,800
SunTrust Banks Inc COMMON 867914103 311 5,000
Sysco Corp COMMON 871829107 908 34,516
Sysco Corp COMMON 871829107 49 1,900
Tandy Corp COMMON 875382103 372 5,844
Tecumseh Products Co COMMON 878895101 680 15,000
Class B
Tecumseh Products Co COMMON 878895200 22 450
Class A
Tecumseh Products Co COMMON 878895200 2,292 45,000
Class A
Telecom Italia SPA ADR COMMON 87927W106 4,039 38,700
Sponsored ADR for ordinary
shares
Telecom Italia SPA ADR COMMON 87927W106 835 8,000
Sponsored ADR for ordinary
shares
Temple-Inland Inc COMMON 879868107 1,447 23,070
Temple-Inland Inc COMMON 879868107 87 1,390
Temple-Inland Inc COMMON 879868107 1,939 30,906
Tenneco Inc COMMON 88037E101 20 750
Tenneco Inc COMMON 88037E101 21 768
Tenneco Inc COMMON 88037E101 2,793 100,000
_______
COLUMN TOTALS 116,986
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Sun Microsystems Inc 3,705 1. 1,175 2,530
SunTrust Banks Inc 1,262,714 1. 943,621 319,093
SunTrust Banks Inc 147,155 1., 2. 103,175 43,980
SunTrust Banks Inc 207,800 1., 3. 500 207,300
SunTrust Banks Inc 5,000 None 5,000
Sysco Corp 34,516 1. 2,382 32,134
Sysco Corp 1,900 1., 2. 1,900
Tandy Corp 5,844 1. 3,000 2,844
Tecumseh Products Co 15,000 1., 3. 15,000
Class B
Tecumseh Products Co 450 1. 450
Class A
Tecumseh Products Co 45,000 1., 3. 45,000
Class A
Telecom Italia SPA ADR 38,700 1. 21,500 17,200
Sponsored ADR for ordinary
shares
Telecom Italia SPA ADR 8,000 1., 2. 8,000
Sponsored ADR for ordinary
shares
Temple-Inland Inc 23,070 1. 14,892 8,178
Temple-Inland Inc 1,390 1., 2. 180 1,210
Temple-Inland Inc 30,906 1., 3. 30,906
Tenneco Inc 750 1. 750
Tenneco Inc 768 1., 2. 768
Tenneco Inc 100,000 1., 3. 100,000
</TABLE>
<PAGE>
Page 27 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Tenneco Inc COMMON 88037E101 10 373
Texaco Inc COMMON 881694103 314 5,534
Texas Biotechnology Corp COMMON 88221T104 656 140,000
Texas Instruments COMMON 882508104 140,717 1,417,809
Texas Instruments COMMON 882508104 3,836 38,656
Texas Instruments COMMON 882508104 426 4,300
Texas Instruments COMMON 882508104 595 6,000
Textron Inc COMMON 883203101 439 5,685
Tidewater Inc COMMON 886423102 857 33,126
Tiffany & Co COMMON 886547108 373 5,000
Time Warner Inc COMMON 887315109 321,234 4,536,408
Time Warner Inc COMMON 887315109 48,994 691,896
Time Warner Inc COMMON 887315109 29,999 423,640
Time Warner Inc COMMON 887315109 713 10,080
Times Mirror Co New Ser A COMMON 887364107 345 6,390
Times Mirror Co New Ser A COMMON 887364107 78 1,446
Tricon Global Restaurants COMMON 895953107 194,084 2,762,766
Tricon Global Restaurants COMMON 895953107 33,715 479,932
Tricon Global Restaurants COMMON 895953107 10,674 151,957
Tricon Global Restaurants COMMON 895953107 316 4,500
Tricon Global Restaurants COMMON 895953107 484 6,895
Trinity Industries Inc COMMON 896522109 674 22,950
Trinity Industries Inc COMMON 896522109 29 1,000
Tyco International Ltd COMMON 902124106 1,620 22,583
_______
COLUMN TOTALS 791,192
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Tenneco Inc 373 None 373
Texaco Inc 5,534 1. 3,238 2,296
Texas Biotechnology Corp 140,000 1. 50,000 90,000
Texas Instruments 1,417,809 1. 1,207,034 210,775
Texas Instruments 38,656 1., 2. 35,100 3,556
Texas Instruments 4,300 1., 3. 4,300
Texas Instruments 6,000 1., 4. 6,000
Textron Inc 5,685 1. 5,105 580
Tidewater Inc 33,126 1. 33,126
Tiffany & Co 5,000 1. 5,000
Time Warner Inc 4,536,408 1. 4,496,050 40,358
Time Warner Inc 691,896 1., 2. 691,896
Time Warner Inc 423,640 1., 3. 403,640 20,000
Time Warner Inc 10,080 None 10,080
Times Mirror Co New Ser A 6,390 1. 5,913 477
Times Mirror Co New Ser A 1,446 None 1,446
Tricon Global Restaurants 2,762,766 1. 2,253,402 509,364
Tricon Global Restaurants 479,932 1., 2. 436,955 42,977
Tricon Global Restaurants 151,957 1., 3. 130 151,827
Tricon Global Restaurants 4,500 1., 4. 4,500
Tricon Global Restaurants 6,895 None 6,895
Trinity Industries Inc 22,950 1. 15,300 7,650
Trinity Industries Inc 1,000 1., 2. 1,000
Tyco International Ltd 22,583 1. 15,563 7,020
</TABLE>
<PAGE>
Page 28 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
USG Corp COMMON 903293405 24 473
USG Corp COMMON 903293405 2,661 51,808
Unilever N V COMMON 904784501 2,468 37,156
(New York Shares)
Unilever N V COMMON 904784501 52 788
(New York Shares)
Unicom COMMON 904911104 330 9,045
Unicom COMMON 904911104 32 900
Union Pacific Corp COMMON 907818108 252 4,725
Union Pacific Corp COMMON 907818108 24 450
Union Pacific Corp COMMON 907818108 32 600
United Asset Management COMMON 909420101 226 10,000
United Asset Management COMMON 909420101 1,807 79,880
United Asset Management COMMON 909420101 32,130 1,420,120
U S West Inc (New) COMMON 91273H101 1,921 34,893
U S West Inc (New) COMMON 91273H101 76 1,386
United Technologies Corp COMMON 913017109 517 3,818
United Technologies Corp COMMON 913017109 3,778 27,900
Unitrin Inc COMMON 913275103 88,583 2,834,658
Unitrin Inc COMMON 913275103 17,864 571,660
Unitrin Inc COMMON 913275103 23,005 736,190
Unitrin Inc COMMON 913275103 561 17,958
Vlasic Foods Intl COMMON 928559103 127 9,879
Vlasic Foods Intl COMMON 928559103 15 1,200
Wachovia Corp COMMON 929771103 283 3,496
_______
COLUMN TOTALS 176,777
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
USG Corp 473 1. 473
USG Corp 51,808 1., 3. 51,808
Unilever N V 37,156 1. 16,018 21,138
(New York Shares)
Unilever N V 788 1., 2. 788
(New York Shares)
Unicom 9,045 1. 9,045
Unicom 900 1., 2. 900
Union Pacific Corp 4,725 1. 2,900 1,825
Union Pacific Corp 450 1., 2. 250 200
Union Pacific Corp 600 None 600
United Asset Management 10,000 1. 10,000
United Asset Management 79,880 1., 2. 79,880
United Asset Management 1,420,120 1., 3. 1,420,120
U S West Inc (New) 34,893 1. 23,569 11,324
U S West Inc (New) 1,386 1., 2. 906 480
United Technologies Corp 3,818 1. 1,784 2,034
United Technologies Corp 27,900 1., 2. 27,900
Unitrin Inc 2,834,658 1. 2,403,656 431,002
Unitrin Inc 571,660 1., 2. 561,120 10,540
Unitrin Inc 736,190 1., 3. 725,020 11,170
Unitrin Inc 17,958 None 17,958
Vlasic Foods Intl 9,879 1. 4,624 5,255
Vlasic Foods Intl 1,200 None 1,200
Wachovia Corp 3,496 1. 3,496
</TABLE>
<PAGE>
Page 29 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Wal-Mart Stores Inc COMMON 931142103 670,003 7,267,834
Wal-Mart Stores Inc COMMON 931142103 106,637 1,156,750
Wal-Mart Stores Inc COMMON 931142103 15,404 167,100
Wal-Mart Stores Inc COMMON 931142103 1,475 16,000
Wal-Mart Stores Inc COMMON 931142103 2,130 23,110
Walgreen Co COMMON 931422109 645,027 22,832,818
Walgreen Co COMMON 931422109 112,228 3,972,701
Walgreen Co COMMON 931422109 45,581 1,613,500
Walgreen Co COMMON 931422109 1,808 64,000
Walgreen Co COMMON 931422109 587 20,800
Warnaco Group Inc COMMON 934390105 26,430 1,070,596
Class A
Warnaco Group Inc COMMON 934390105 6,465 261,900
Class A
Warnaco Group Inc COMMON 934390105 4,241 171,800
Class A
Warner-Lambert Co COMMON 934488107 408,488 6,165,861
Warner-Lambert Co COMMON 934488107 40,889 617,200
Warner-Lambert Co COMMON 934488107 6,603 99,680
Warner-Lambert Co COMMON 934488107 2,544 38,400
Washington Mutual COMMON 939322103 1,012 24,763
Weingarten Realty Inv COMMON 948741103 542 13,683
Weingarten Realty Inv COMMON 948741103 55 1,400
Weingarten Realty Inv COMMON 948741103 11 300
Wells Fargo & Co COMMON 949746101 1,638 46,728
Wells Fargo & Co COMMON 949746101 252 7,200
Wells Fargo & Co COMMON 949746101 245 7,002
Westvaco Corp COMMON 961548104 21,861 1,041,001
_________
COLUMN TOTALS 2,122,166
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Wal-Mart Stores Inc 7,267,834 1. 6,206,709 1,061,125
Wal-Mart Stores Inc 1,156,750 1., 2. 1,087,250 69,500
Wal-Mart Stores Inc 167,100 1., 3. 400 166,700
Wal-Mart Stores Inc 16,000 1., 4. 16,000
Wal-Mart Stores Inc 23,110 None 23,110
Walgreen Co 22,832,818 1. 18,702,470 4,130,348
Walgreen Co 3,972,701 1., 2. 3,633,660 339,041
Walgreen Co 1,613,500 1., 3. 1,600 1,611,900
Walgreen Co 64,000 1., 4. 64,000
Walgreen Co 20,800 None 20,800
Warnaco Group Inc 1,070,596 1. 866,219 204,377
Class A
Warnaco Group Inc 261,900 1., 2. 258,600 3,300
Class A
Warnaco Group Inc 171,800 1., 3. 171,800
Class A
Warner-Lambert Co 6,165,861 1. 5,220,749 945,112
Warner-Lambert Co 617,200 1., 2. 599,200 18,000
Warner-Lambert Co 99,680 1., 3. 78,000 21,680
Warner-Lambert Co 38,400 None 38,400
Washington Mutual 24,763 1. 21,700 3,063
Weingarten Realty Inv 13,683 1. 5,782 7,901
Weingarten Realty Inv 1,400 1., 2. 1,400
Weingarten Realty Inv 300 None 300
Wells Fargo & Co 46,728 1. 26,712 20,016
Wells Fargo & Co 7,200 1., 2. 7,200
Wells Fargo & Co 7,002 None 7,002
Westvaco Corp 1,041,001 1. 1,033,080 7,921
</TABLE>
<PAGE>
Page 30 FORM 13F Name of Reporting Manager: Fayez Sarofim & Co. 3/31/99
<TABLE>
<CAPTION>
__________________________ ______ __________ _____________ ______________
Item 2: Item 5:
Title Item 3: Item 4: Shares or
Item 1: of CUSIP Fair Market Principal
Name of Issuer Class Number Value Amount
__________________________ ______ __________ _____________ ______________
<S> <C> <C> <C> <C>
Westvaco Corp COMMON 961548104 9 450
Williams Cos Inc COMMON 969457100 530 13,443
Williams Cos Inc COMMON 969457100 47 1,200
Wilmington Trust Corp COMMON 971807102 1,129 19,770
Wrigley (Wm) Jr COMMON 982526105 520 5,751
Xilinx Inc COMMON 983919101 235 5,800
Xerox Corp COMMON 984121103 1,001 19,214
__________
COLUMN TOTALS 3,474
__________
REPORT TOTALS 49,255,754
==========
___________ _____________ ______________ __________ _____________ ____________ __________
Item 6:
Investment Discretion (Shares) Item 8:
(c)Shared- Item 7: Voting Authority (Shares)
(a)Sole (b)Shared Other Managers (a)Sole (b)Shared (c)None
___________ _____________ ______________ __________ _____________ ____________ ___________
<S> <C> <C> <C> <C> <C> <C> <C>
Westvaco Corp 450 1., 2. 450
Williams Cos Inc 13,443 1. 6,231 7,212
Williams Cos Inc 1,200 1., 2. 1,200
Wilmington Trust Corp 19,770 1. 8,170 11,600
Wrigley (Wm) Jr 5,751 1. 5,300 451
Xilinx Inc 5,800 1. 5,800
Xerox Corp 19,214 1. 18,614 600
</TABLE>