SAROFIM FAYEZ
13F-HR, 1999-05-17
Previous: TRINITY UNIVERSAL INSURANCE CO, 13F-NT, 1999-05-17
Next: ROHN INDUSTRIES INC, 8-K, 1999-05-17



<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> 


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission