UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing This Report:
Name: CFW Management Company
Address: One Ward Parkway, Suite 145
Kansas City, MO 64112
13F File Number: 28-6646
The institutional investment manager filing this report and theperson by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: J. Owen McPherson
Title: President
Phone: 816-753-6050
Signature, Place, and Date of Signing:
J. Owen McPherson Kansas City, Missouri (DATE)
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE COMMISSION
ACT OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of other included Managers:
Form 13F Information Table Entry Total:
Form 13F Information Table Value Total:
List of Other Included Management:
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN DSCRETN MANAGERS SOLE
............................. ............... ......... ........ ....... ... ....... ........ .................
AIRTOUCH COMM COM 00949T100 309 3193 SH SOLE N/A 3193
ALLTEL CORP COM 020039103 253 4054 SH SOLE N/A 4054
ALTERA CORP COM 021441100 1452 24400 SH SOLE N/A 24400
AMERICAN HOME PRODUCTS CORP COM 026609107 522 8000 SH SOLE N/A 8000
AMERITECH CORP NEW COM 030954101 334 5800 SH SOLE N/A 5800
AMGEN INC COM 031162100 7016 93700 SH SOLE N/A 93700
ANHEUSER BUSCH COS INC COM 035229103 1257 16514 SH SOLE N/A 16514
ARCHER DANIELS MIDLAND COM 039483102 550 37451 SH SOLE N/A 37451
AT&T CORP COM 001957109 2439 30563 SH SOLE N/A 30563
AT&T CORP LIB MEDIA GROUP COM LIB GRP A 001957208 1185 22531 SH SOLE N/A 22531
ATLANTIC RICHFIELD COMPANY COM 048825103 293 4000 SH SOLE N/A 4000
AUTOMATIC DATA PROCESSING COM 053015103 2193 53000 SH SOLE N/A 53000
BANKAMERICA CORP COM 06605F102 7596 107550 SH SOLE N/A 107550
BELL ATLANTIC CORP COM 077853109 472 9126 SH SOLE N/A 9126
BELLSOUTH CORP COM 079860102 465 11600 SH SOLE N/A 11600
BIOGEN INC COM 090597105 480 4200 SH SOLE N/A 4200
BLACK & DECKER CORP COM 091797100 315 5700 SH SOLE N/A 5700
BLOCK, H&R INC. COM 093671105 8155 172133 SH SOLE N/A 172133
BP AMOCO CORP plc ADS Re COM 055622104 2335 23118 SH SOLE N/A 23118
BRISTOL MYERS SQUIBB COM 110122108 2275 35476 SH SOLE N/A 35476
BURLINGTON RESOURCES COM 122014103 483 12100 SH SOLE N/A 12100
CATERPILLAR INC DEL COM 149123101 276 6000 SH SOLE N/A 6000
CHEVRON CORPORATION COM 166751107 375 4230 SH SOLE N/A 4230
CINTAS CORP COM 172908105 361 5518 SH SOLE N/A 5518
COCA-COLA CO. COM 191216101 4796 78143 SH SOLE N/A 78143
COLUMBIA HCA HLTH CARE CORP COM 197677107 391 20655 SH SOLE N/A 20655
COMMERCE BANCSHARES INC COM 200525103 5633 146308 SH SOLE N/A 146308
CONAGRA INC COM 205887102 4044 157797 SH SOLE N/A 157797
CONTIFINANCIAL COM 21075V107 277 38850 SH SOLE N/A 38850
EASTMAN KODAK COM 277461109 2423 37941 SH SOLE N/A 37941
EL PASO ENERGY CORP COM NEW 283905107 2241 68556 SH SOLE N/A 68556
ENRON CORP COM 293561106 540 8400 SH SOLE N/A 8400
EXXON CORP COM 302290101 1607 22768 SH SOLE N/A 22768
GENENTECH INC COM SPL 368710307 660 7442 SH SOLE N/A 7442
GENERAL DYNAMICS CORP COM 369550108 450 7000 SH SOLE N/A 7000
GENERAL ELECTRIC CO. COM 369604103 4708 42560 SH SOLE N/A 42560
GENESIS HEALTH VENTURES INC COM 371912106 206 42300 SH SOLE N/A 42300
HCR MANOR CARE COM 404134108 907 39750 SH SOLE N/A 39750
HEWLETT-PACKARD CO COM 428236103 1024 15100 SH SOLE N/A 15100
HIGHWOOD PROPERTIES COM 431284108 2641 112076 SH SOLE N/A 112076
HOMESTAKE MINING CO COM 437614100 275 31840 SH SOLE N/A 31840
INT'L BUSINESS MACHINES COM 459200101 1193 6732 SH SOLE N/A 6732
INPUT/OUTPUT INC COM 457652105 405 64200 SH SOLE N/A 64200
INTEL CORP COM 459140100 238 2002 SH SOLE N/A 2002
INTERSTATE BAKERIES CORP DEL COM 46072H108 863 40000 SH SOLE N/A 40000
JOHNSON & JOHNSON COM 478160104 1431 15300 SH SOLE N/A 15300
KANSAS CITY SOUTHN INDS INC COM 485170104 10995 192900 SH SOLE N/A 192900
LUCENT TECHNOLOGIES INC COM 549463107 2819 26106 SH SOLE N/A 26106
MERCK $ COMPANY INC COM 589331107 6079 75864 SH SOLE N/A 75864
MICROSOFT CORP COM 594918104 5326 59420 SH SOLE N/A 59420
MOBIL CORP COM 607059102 504 5732 SH SOLE N/A 5732
MORGAN, J.P. & CO. COM 616880100 463 3750 SH SOLE N/A 3750
MOTOROLA, INC COM 620076109 311 4250 SH SOLE N/A 4250
PEPSICO INC COM 713448108 1742 44446 SH SOLE N/A 44446
PFIZER COM 717081103 583 4200 SH SOLE N/A 4200
PHILIP MORRIS COS INC COM 718154107 336 9550 SH SOLE N/A 9550
PHILLIPS PETROLEUM CO COM 718507106 437 9247 SH SOLE N/A 9247
PROCTOR & GAMBLE COM 742718109 631 6440 SH SOLE N/A 6440
RALSTON PURINA COM RAL-PUR GRP 751277302 267 10010 SH SOLE N/A 10010
RITE AID CORP COM 767754104 618 24710 SH SOLE N/A 24710
ROYAL DUTCH PETE CO NY REG GLD1 .25 780257804 748 14388 SH SOLE N/A 14388
SBC COMMUNICATIONS INC COM 78387G103 985 20872 SH SOLE N/A 20872
SCHERING PLOUGH CORP COM 806605101 276 5000 SH SOLE N/A 5000
SCHLUMBERGER, LTD COM 806857108 909 15108 SH SOLE N/A 15108
SHELL TRANS & TRADING PLC NY SH NEW 822703609 899 22140 SH SOLE N/A 22140
SONAT INC COM 835415100 240 8000 SH SOLE N/A 8000
SPRINT CORP COM 852061100 1242 12659 SH SOLE N/A 12659
SPRINT PCS-SERIES 1 PCS COM SER 1 852061506 325 7328 SH SOLE N/A 7328
SUNOCO, INC COM 86764P109 227 6303 SH SOLE N/A 6303
TEXACO, INC COM 881694103 1680 29600 SH SOLE N/A 29600
TRICON GLOBAL RESTRNTS COM 895953107 346 4932 SH SOLE N/A 4932
UMB FINL CORP COM 902788108 2753 71057 SH SOLE N/A 71057
UNITED HEALTHCARE CORP COM 910581107 2508 47654 SH SOLE N/A 47654
UNITED STATIONERS INC COM 913004107 687 45032 SH SOLE N/A 45032
UNOCAL CORP COM 915289102 1586 43000 SH SOLE N/A 43000
WAL-MART COM 961142103 581 6300 SH SOLE N/A 6300
WEATHERFORD INT'L INC COM 947074100 1434 54900 SH SOLE N/A 54900
XEROX COM 984121103 1037 19900 SH SOLE N/A 19900
</TABLE>
