UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 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: Flippin, Bruce & Porter, Inc.
Address: 800 Main Street
2nd Floor
Lynchburg, VA 24504
13F File Number: 28-1905
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: R. Gregory Porter, III
Title: Principal
Phone: (804) 845-4900
Signature, Place, and Date of Signing:
R. Gregory Porter, III Lynchburg, Virginia February 2, 2000
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 EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 209
Form 13F Information Table Value Total: 2470611
List of Other Included Managers:
No. 13F File NumName
01 TRUST COMPANY OF KNOXVILLE
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FORM 13F INFORMATION TABLE
VALUE SHARES/SH/PUT/INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLA CUSIP (X$100PRN AMTPRNCALLDISCRETIONMANAGERS SOLE SHARED NONE
3COM CORP COM 885535104 258 5500SH Sole 5500
ABBOTT LABS COM 002824100 2232 61475SH Sole 52675 8800
AEGON N V ORD AMER REG COM 007924103 506 5300SH Sole 5300
AETNA INC COM 008117103 47683 854342SH Sole 750892 103450
469 8400SH Defined 01 8400
AIR PRODS & CHEMS COM 009158106 215 6400SH Sole 6400
ALCOA, INC. COM 013817101 390 4700SH Sole 4700
AMERICAN EXPRESS COM 025816109 20958 126065SH Sole 112365 13700
665 4000SH Defined 01 4000
AMERICAN GENERAL COM 026351106 402 5300SH Sole 5300
AMERICAN GREETINGS CLASCOM 026375105 262421110755SH Sole 961805 148950
449 19000SH Defined 01 19000
AMERICAN HOME PRODS COM 026609107 870 22175SH Sole 22175
AMERICAN INTL GROUP COM 026874107 11780 108950SH Sole 98388 10562
AMGEN INC COM 031162100 659321097722SH Sole 1002122 95600
553 9200SH Defined 01 9200
APPLEBEES INTL INC COM 037899101 351701192216SH Sole 1111166 81050
383 13000SH Defined 01 13000
APPLIED MATLS INC COM 038222105 469 3700SH Sole 3200 500
ARCHER DANIELS MIDLAND COM 039483102 314982597765SH Sole 2276215 321550
611 50400SH Defined 01 50400
ARMSTRONG WORLD INDS COM 042476101 10779 322980SH Sole 258180 64800
AT&T CORP COM 001957109 1735 34151SH Sole 32351 1800
AUTOMATIC DATA PROCESS COM 053015103 338 6272SH Sole 6272
AVADO BRANDS INC COM 05336P108 1499 355410SH Sole 315610 39800
BANK OF AMERICA COM 060505104 552201100279SH Sole 968163 132116
853 17000SH Defined 01 17000
BANK OF GRANITE COM 062401104 282 13126SH Sole 13126
BANK ONE CORP COM 06423A103 562931759163SH Sole 1563611 195552
874 27300SH Defined 01 27300
BAXTER INTL INC COM 071813109 497 7920SH Sole 7920
BELL ATLANTIC CORP COM 077853109 3230 52466SH Sole 51642 824
BELLSOUTH CORP COM 079860102 672 14361SH Sole 12509 1852
BP AMOCO P L C SPONSORECOM 055622104 1088 18348SH Sole 18348
BRISTOL-MYERS SQUIBB COM 110122108 45287 705542SH Sole 648042 57500
565 8800SH Defined 01 8800
CABLE & WIRELESS PLC SPCOM 126830207 265 5000SH Sole 5000
CBRL GROUP COM 12489V106 199772058781SH Sole 1833675 225106
172 17700SH Defined 01 17700
CENDANT CORP COM 151313103 957073603098SH Sole 3219598 383500
956 36000SH Defined 01 36000
CHASE MANHATTAN COM 16161A108 69799 898456SH Sole 806556 91900
855 11000SH Defined 01 11000
CHUBB CORP COM 171232101 1929 34250SH Sole 33250 1000
CIRCUIT CITY GROUP COM 172737108 485921078317SH Sole 985617 92700
676 15000SH Defined 01 15000
CISCO SYS INC COM 17275R102 430 4016SH Sole 3616 400
CITIGROUP INC COM 172967101 799371435448SH Sole 1306880 128568
947 17000SH Defined 01 17000
COASTAL CORP COM 190441105 298 8400SH Sole 8400
COCA COLA CO COM 191216100 1680 28845SH Sole 26845 2000
COMPAQ COMPUTER COM 204493100 411061518921SH Sole 1365865 153056
570 21075SH Defined 01 21075
CONAGRA INC COM 205887102 295 13000SH Sole 13000
CROWN CORK & SEAL COM 228255105 413461847875SH Sole 1645775 202100
483 21600SH Defined 01 21600
CSX CORP COM 126408103 227 7240SH Sole 6400 840
DEERE & CO COM 244199105 711 16400SH Sole 16400
DEVON ENERGY CORP NEW COM 25179M103 473 14394SH Sole 14394
DILLARDS INC CL A COM 254067101 650503222289SH Sole 2897189 325100
747 37000SH Defined 01 37000
DIMON INC COM 254394109 2335 718550SH Sole 662950 55600
DISNEY WALT COMPANY COM 254687106 366 12500SH Sole 12500
DONNELLEY R R & SONS COM 257867101 400191612860SH Sole 1428160 184700
658 26500SH Defined 01 26500
DOW CHEMICAL COMPANY COM 260543103 26604 199098SH Sole 179748 19350
802 6000SH Defined 01 6000
DU PONT E I DE NEMOURS COM 263534109 1189 18050SH Sole 17650 400
EASTMAN KODAK CO COM 277461109 58813 887750SH Sole 778900 108850
662 10000SH Defined 01 10000
EATON CORP COM 278058102 322 4440SH Sole 3360 1080
EL PASO ENERGY CORPORATCOM 283905107 7317 188530SH Sole 129530 59000
ELAN PLC ADR COM 284131208 292 9900SH Sole 9900
ELECTRONIC DATA SYS COM 285661104 676001009903SH Sole 902103 107800
1004 15000SH Defined 01 15000
EMERSON ELEC CO COM 291011104 290 5050SH Sole 5050
ENGELHARD CORP COM 292845104 275571459960SH Sole 1233160 226800
663 35100SH Defined 01 35100
EQUITABLE RES INC COM 294549100 12408 371767SH Sole 327267 44500
70 2100SH Defined 01 2100
ETHYL CORP COM 297659104 456 130307SH Sole 128147 2160
EXXON MOBIL CORP COM 30231G102 7540 93587SH Sole 89039 4548
FANNIE MAE COM 313586109 1239 19850SH Sole 19850
FDX CORP COM 31304N107 443961084474SH Sole 989474 95000
483 11800SH Defined 01 11800
FIRST DATA CORP COM 319963104 2844 57664SH Sole 54264 3400
FIRST UNION CORP COM 337358105 2382 72310SH Sole 67310 5000
FLEETBOSTON FINL CORP COM 339030108 1618 46480SH Sole 46480
FREDDIE MAC COM 313400301 3876 82350SH Sole 78150 4200
GENERAL ELEC CO COM 369604103 32842 212224SH Sole 190374 21850
542 3500SH Defined 01 3500
GENUINE PARTS CO COM 372460105 566 22820SH Sole 22820
GLOBAL CROSSING LTD COM G3921A100 379 7585SH Sole 7585
GREAT LAKES CHEM COM 390568103 25644 671534SH Sole 601934 69600
237 6200SH Defined 01 6200
GTE CORP COM 362320103 36494 517191SH Sole 469417 47774
339 4800SH Defined 01 4800
HALLIBURTON CO COM 406216101 1631 40533SH Sole 37533 3000
HARRIS CORP DEL COM 413875105 296031109256SH Sole 992506 116750
312 11700SH Defined 01 11700
HARTFORD FINANCIAL COM 416515104 265 5600SH Sole 5600
HEWLETT PACKARD COM 428236103 60812 534607SH Sole 479357 55250
694 6100SH Defined 01 6100
HONEYWELL INTL INC COM 438516106 314 5437SH Sole 5437
IKON OFFICE SOLUTIONS COM 451713101 174872566940SH Sole 2332440 234500
177 26000SH Defined 01 26000
INTEL CORP COM 458140100 1295 15730SH Sole 13930 1800
INTL BUSINESS MACHINES COM 459200101 1158981074375SH Sole 971018 103357
1348 12500SH Defined 01 12500
JEFFERSON PILOT CORP COM 475070108 391 5733SH Sole 5733
JOHNSON & JOHNSON COM 478160104 31610 338979SH Sole 295979 43000
625 6700SH Defined 01 6700
K MART CORP COM 482584109 277192754700SH Sole 2433800 320900
327 32500SH Defined 01 32500
KERR MCGEE CORP COM 492386107 44342 715199SH Sole 643415 71784
434 7000SH Defined 01 7000
KEYCORP COM 493267108 329 14880SH Sole 14880
KLA-TENCOR CORP COM 482480100 682 6120SH Sole 6120
LANIER WORLDWIDE INC COM 51589L105 3225 832226SH Sole 728326 103900
MALLINCKRODT INC COM 561232109 562241767360SH Sole 1617560 149800
700 22000SH Defined 01 22000
MARSH & MCLENNAN COM 571748102 10665 111460SH Sole 107960 3500
MAY DEPT STORES COM 577778103 303 9384SH Sole 9384
MCDONALDS CORP COM 580135101 431 10700SH Sole 10700
MCI WORLDCOM INC COM 55268B106 463 8717SH Sole 8717
MERCK & CO INC COM 589331107 38320 570341SH Sole 510541 59800
504 7500SH Defined 01 7500
MICROSOFT CORP COM 594918104 420 3600SH Sole 3600
MINNESOTA MNG & MFG COM 604059105 460 4700SH Sole 4700
MORGAN J P & CO INC COM 616880100 344 2720SH Sole 2720
MOTOROLA INC COM 620076109 602 4090SH Sole 4090
NORFOLK SOUTHERN COM 655844108 4734 230904SH Sole 214129 16775
NOVELL INC COM 670006105 909142276402SH Sole 2042002 234400
1238 31000SH Defined 01 31000
OCTEL CORP COM 675727101 980 94500SH Sole 90500 4000
OLSTEN CORP COM 681385100 7345 649278SH Sole 507278 142000
ONE VALLEY BANCORP INC COM 682419106 627 20466SH Sole 20466
OWENS CORNING COM 69073F103 339 17550SH Sole 17550
PARTY CITY CORP COM 702145103 75 84900SH Sole 44900 40000
PAYCHEX INC COM 704326107 216 5388SH Sole 5388
PENNZOIL-QUAKER STATE COM 709323109 631 61976SH Sole 61476 500
PEP BOYS MANNY MOE&JCK COM 713278109 252252822395SH Sole 2564395 258000
316 35400SH Defined 01 35400
PEPSICO INC COM 713448108 2532 71827SH Sole 68827 3000
PFIZER INC COM 717081103 1989 61330SH Sole 56530 4800
PHARMACIA & UPJOHN COM 716941109 15760 350225SH Sole 309725 40500
337 7500SH Defined 01 7500
PHILIP MORRIS COM 718154107 284711237848SH Sole 1176848 61000
375 16300SH Defined 01 16300
PHILLIPS PETE CO COM 718507106 265 5634SH Sole 5634
PHYCOR INC COM 71940F100 150 80000SH Sole 80000
PIMCO ADVISORS HLDG LP COM 69338P102 2681 71126SH Sole 71126
PLUMA INC COM 729272104 12 24000SH Sole 24000
PRAXAIR INC COM 74005P104 1647 32734SH Sole 32734
PROCTER & GAMBLE COM 742718109 1764 16100SH Sole 16100
PROVIDIAN FINANCIAL CORCOM 74406A102 1220 13400SH Sole 13400
ROYAL DUTCH PETE COM 780257804 699 11550SH Sole 11550
SBC COMMUNICATIONS COM 78387G103 1098 22527SH Sole 21211 1316
SCHLUMBERGER LTD COM 806857108 45535 811313SH Sole 725713 85600
651 11600SH Defined 01 11600
SERVICE CORP INTL COM 817565104 411555932310SH Sole 5378910 553400
418 60200SH Defined 01 60200
SHAW INDUSTRIES COM 820286102 264881708901SH Sole 1538801 170100
341 22000SH Defined 01 22000
SHERWIN WILLIAMS COM 824348106 227 10800SH Sole 10800
SLM HOLDING CORP COM 78442A109 519311229140SH Sole 1104615 124525
765 18100SH Defined 01 18100
SOLECTRON CORP COM 834182107 447 4700SH Sole 4700
ST PAUL COS INC COM 792860108 27576 818590SH Sole 701890 116700
808 24000SH Defined 01 24000
SUN MICROSYSTEMS COM 866810104 969 12515SH Sole 12515
SUNTRUST BKS INC COM 867914103 1455 21145SH Sole 21145
SUPERVALU INC COM 868536103 2399 119950SH Sole 111850 8100
TENET HEALTHCARE COM 88033G100 452 19215SH Sole 19215
TEXAS UTILS CO COM 882848104 277 7800SH Sole 7800
TORCHMARK CORP COM 891027104 266 9150SH Sole 9150
TOYS R US INC COM 892335100 437933059761SH Sole 2765961 293800
372 26000SH Defined 01 26000
TRANSOCEAN SEDCO FOREX COM G90078109 5261 156184SH Sole 139612 16572
76 2246SH Defined 01 2246
TRINITY INDS INC COM 896522109 23831 838005SH Sole 723105 114900
384 13500SH Defined 01 13500
TULTEX CORP COM 899900104 4 88000SH Sole 88000
TYCO INTL LTD COM 902124106 855 21916SH Sole 21916
U S WEST INC COM 91273H101 485 6732SH Sole 6732
UNION CARBIDE CORP COM 905581104 227 3400SH Sole 3400
UNION PAC CORP COM 907818108 29443 673956SH Sole 551606 122350
612 14000SH Defined 01 14000
UNION PAC RES GROUP COM 907834105 418 32800SH Sole 32800
UNITED DOMINION REALTY COM 910197102 361233657985SH Sole 3265985 392000
385 39000SH Defined 01 39000
UNITED HEALTHCARE COM 910581107 21742 409255SH Sole 384455 24800
UNITED TECHNOLOGIES COM 913017109 378 5819SH Sole 5819
UNOCAL CORP COM 915289102 1057 31500SH Sole 31500
UNUMPROVIDENT CORP COM 91529Y106 6499 202686SH Sole 97586 105100
513 16000SH Defined 01 16000
UST INC COM 902911106 21478 852711SH Sole 806161 46550
196 7800SH Defined 01 7800
USX-MARATHON GROUP COM 902905827 2185 88490SH Sole 86490 2000
WACHOVIA CORP COM 929771103 342 5032SH Sole 5032
WAL MART STORES COM 931142103 67316 973834SH Sole 878934 94900
885 12800SH Defined 01 12800
WASHINGTON MUT COM 939322103 311 12029SH Sole 12029
WASTE MGMT INC COM 94106L109 469122729400SH Sole 2424626 304774
657 38200SH Defined 01 38200
WELLS FARGO COMPANY COM 949746101 392 9700SH Sole 9200 500
WEYERHAEUSER CO COM 962166104 500 6960SH Sole 6960
WILLIAMS COS INC COM 969457100 721 23600SH Sole 23600
XEROX CORP COM 984121103 2479 109277SH Sole 109277
COLUMN TOTALS 24706183365976 7378726 09578712
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