UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended:
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: Johnson Invesmtment Counsel, Inc.
Address: 3777 West Fork Road
Cincinnati, OH 45247
13F File Number: 28-2147
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 understodd 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: David C. Tedford
Title: Administrator
Phone: 513-661-3100
Signature, Place, and Date of Signing:
David C. Tedford Cincinnati, OH April 28,1999
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 NBY THE SECURITIES AND EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form13F Information Table Entry Total: 160
Form 13F Information Table Value Total: $1,255,752,520
List of Other Included Managers:
No. 13F File Number Name
(None)
<PAGE>
<TABLE> <C> <C>
<S> FORM 13F INFORMATION TABLE
VALUE SHARES/ INVSTMT VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLA CUSIP (x $1000 PRN AMT DSCRET SOLE NONE
- - --------------------------------- ------------ ---------- --------- ------------ ------- ---------------
A T & T CORPORATION Common 001957109 16213 203,144 Sole 203,144 0
ABBOTT LABORATORIES Common 002824100 5205 111,187 Sole 111,187 0
ADIERA CORPORATION Common 021441100 1160 19,500 Sole 19,500 0
AIR PRODUCTS AND CHEMICALS, INC. Common 009158106 12678 370,156 Sole 370,156 0
AMERICAN EXPRESS COMPANY Common 025816109 19968 169,580 Sole 169,580 0
AMERICAN FINANCIAL CORPORATION Preferred 026087858 394 14,335 Sole 14,335 0
AMERICAN HOME PRODUCTS CORPORATIO Common 026609107 3397 52,064 Sole 52,064 0
AMERICAN INTERNATIONAL GROUP, INC Common 026874107 2414 20,009 Sole 20,009 0
AMERITECH CORPORATION Common 030954101 889 15,429 Sole 15,429 0
AMP, INCORPORATED Common 031897101 632 11,820 Sole 11,820 0
AON CORPORATION Common 037389103 1191 18,826 Sole 18,826 0
ARCHSTONE COMMUNITIES TRUST Common 039581103 214 10,655 Sole 10,655 0
BANK OF NEW YORK CO., INCORPORATE Common 064057102 12462 346,765 Sole 346,765 0
BANK ONE CORPORATION Common 06423A103 3426 62,216 Sole 62,216 0
BANKAMERICA CORPORATION (NEW) Common 06605F102 1097 15,534 Sole 15,534 0
BELL ATLANTIC CORPORATION Common 077853109 596 11,539 Sole 11,539 0
BELL SOUTH CORPORATION Common 079860102 1453 36,276 Sole 36,276 0
BJ'S WHOLESALE CLUB, INC. Common 05548J106 9914 376,790 Sole 376,790 0
BMC SOFTWARE, INC. Common 055921100 1088 29,350 Sole 29,350 0
BOB EVANS FARMS, INCORPORATED Common 096761101 277 13,868 Sole 13,868 0
BP AMOCO PLC (ADR) Common 055622104 2166 21,444 Sole 21,444 0
BRISTOL-MYERS SQUIBB COMPANY Common 110122108 10915 170,220 Sole 170,220 0
CABOT CORPORATION Common 127055101 446 21,000 Sole 21,000 0
CAMPBELL SOUP COMPANY Common 134429109 8151 200,338 Sole 200,338 0
CENTOCOR, INC. Common 152342101 795 21,525 Sole 21,525 0
CENTURY TELEPHONE ENTERPRISES Common 156686107 1370 19,500 Sole 19,500 0
CINCINNATI BELL INCORPORATED Common 171870108 6131 273,260 Sole 273,260 0
CINCINNATI FINANCIAL CORPORATION Common 172062101 8238 226,077 Sole 213,678 12,399
CINCINNATI FINANCIAL CORPORATION Convert 172062AB7 759 323,000 Sole 250,000 73,000
CINERGY CORPORATION Common 172474108 443 16,126 Sole 16,126 0
CINTAS CORPORATION Common 172908105 19311 295,395 Sole 293,395 2,000
CISCO SYSTEMS INCORPORATED Common 17275R102 32856 299,886 Sole 299,886 0
COCA COLA COMPANY Common 191216100 2689 43,815 Sole 42,615 1,200
COCA-COLA BOTTLING CO. CONSOLIDAT Common 191098102 674 12,200 Sole 12,200 0
COCA-COLA ENTERPRISES INC. Common 191219104 14969 494,827 Sole 494,827 0
COMAIR HOLDINGS INCORPORATED Common 199789108 16755 709,197 Sole 709,197 0
COMERICA, INC. Common 200340107 15314 245,269 Sole 245,269 0
COMPAQ COMPUTER CORPORATION Common 204493100 13667 431,299 Sole 431,299 0
COMPUTER ASSOCIATES INTERNATIONAL Common 204912109 12546 352,790 Sole 352,790 0
CONVERGYS CORPORATION Common 212485106 3865 225,690 Sole 225,690 0
DAYTON HUDSON CORPORATION Common 239753106 5425 81,430 Sole 81,430 0
DEVON ENERGY CORPORATION Common 251799102 331 12,000 Sole 12,000 0
DISNEY (WALT) COMPANY Common 254687106 1582 50,830 Sole 44,830 6,000
DOLLAR GENERAL CORPORATION Common 256669102 555 16,332 Sole 16,332 0
DONNELLEY (R.R.) & SONS COMPANY Common 257867101 365 11,350 Sole 11,350 0
DOVER CORPORATION Common 260003108 16946 515,479 Sole 515,479 0
DUKE REALTY INVESTMENTS INC. Common 264411505 274 12,750 Sole 12,750 0
DURAMED PHARMACEUTICAL, INCORPORA Common 266354109 271 29,546 Sole 29,546 0
ECOLAB INC. Common 278865100 2340 65,920 Sole 65,920 0
ELECTRONIC DATA SYSTEMS CORPORATI Common 285661104 501 10,300 Sole 10,300 0
EMC CORPORATION Common 268648102 51688 404,600 Sole 404,600 0
EMERSON ELECTRIC COMPANY Common 291011104 12765 241,142 Sole 235,490 5,652
ENTERPRISE FEDERAL BANCORP, INC. Common 293711107 517 11,546 Sole 11,546 0
EXXON CORPORATION Common 302290101 8588 121,707 Sole 121,707 0
FANNIE MAE Common 313586109 23876 344,780 Sole 344,780 0
FEDERAL SIGNAL CORPORATION Common 313855108 222 10,644 Sole 10,644 0
FIFTH THIRD BANCORP Common 316773100 30563 463,514 Sole 463,514 0
FIRST FINANCIAL BANCORP Common 320209109 2147 98,730 Sole 98,730 0
FIRST TENNESSEE NATIONAL CORPORAT Common 337162101 1026 28,000 Sole 28,000 0
FIRST UNION CORPORATION Common 337358105 1207 22,581 Sole 22,581 0
FIRSTAR CORPORATION Common 33763V109 19632 219,357 Sole 214,857 4,500
FNB BANCORPORATION, INC. Common 302516109 521 19,292 Sole 19,292 0
FOREST LABORATORIES, INCORPORATED Common 345838106 1466 26,000 Sole 26,000 0
FOUNTAIN SQUARE CARDINAL FUND Common 350756532 224 11,925 Sole 11,925 0
G & K SERVICES INC. Common 361268105 1539 33,330 Sole 33,330 0
G T E CORPORATION Common 362320103 1959 32,372 Sole 32,372 0
GANNETT COMPANY, INCORPORATED Common 364730101 1046 16,600 Sole 11,200 5,400
GAP INC. Common 364760108 1486 22,075 Sole 22,075 0
GENERAL ELECTRIC COMPANY Common 369604103 63317 572,361 Sole 572,061 300
GILLETTE COMPANY Common 375766102 19902 334,850 Sole 334,850 0
GLAXO PLC - SPONSORED ADR (BRITAI Common 37733W105 1034 15,443 Sole 15,443 0
HALLIBURTON COMPANY Common 406216101 15252 396,154 Sole 396,154 0
HARSCO CORPORATION Common 415864107 655 26,000 Sole 26,000 0
HARVEST HOME FINANCIAL CORP Common 41753P107 649 43,600 Sole 43,600 0
HEINZ (H.J.) COMPANY Common 423074103 2807 59,250 Sole 59,250 0
HEWLETT-PACKARD COMPANY Common 428236103 4931 72,721 Sole 72,721 0
HILLENBRAND INDUSTRIES, INCORPORA Common 431573104 2711 58,695 Sole 58,695 0
HOME DEPOT, INC. Common 437076102 3976 63,874 Sole 63,874 0
HUNTINGTON BANCSHARES INCORPORATE Common 446150104 1092 35,288 Sole 35,288 0
ILLINOIS TOOL WORKS Common 452308109 1148 18,550 Sole 18,550 0
INT'L SPECIALTY PRODUCTS INC. Common 460337108 321 42,500 Sole 42,500 0
INTEL CORPORATION Common 458140100 21121 177,676 Sole 177,676 0
JACOR COMMUNICATIONS, INC. Common 469858401 822 10,813 Sole 10,813 0
JOHNSON & JOHNSON Common 478160104 23592 252,318 Sole 251,818 500
KEYCORP (NEW) Common 493267108 1176 38,795 Sole 38,795 0
KIMBERLY-CLARK CORPORATION Common 494368103 1300 27,109 Sole 27,109 0
KROGER COMPANY Common 501044101 20329 339,529 Sole 338,929 600
LEGGETT & PLATT, INC. Common 524660107 2588 129,421 Sole 129,421 0
LEXMARK INTERNATIONAL GROUP, INC. Common 529771107 17794 159,050 Sole 159,050 0
LILLY (ELI) & COMPANY Common 532457108 3071 36,187 Sole 36,187 0
LOWE'S COMPANIES, INCORPORATED Common 548661107 25153 415,755 Sole 415,755 0
LUCENT TECHNOLOGIES, INC. Common 549463107 17392 161,039 Sole 161,039 0
MAY DEPARTMENT STORES COMPANY Common 577778103 1366 34,906 Sole 34,906 0
MCDONALD'S CORPORATION Common 580135101 1323 29,194 Sole 29,194 0
MEDTRONIC, INCORPORATED Common 585055106 21806 303,381 Sole 303,381 0
MERCK & COMPANY, INCORPORATED Common 589331107 28186 351,772 Sole 351,772 0
MICROSOFT CORPORATION Common 594918104 34073 380,168 Sole 380,168 0
MILLER (HERMAN), INCORPORATED Common 600544100 1055 57,800 Sole 57,800 0
MILLIPORE CORPORATION Common 601073109 275 11,400 Sole 11,400 0
MINNESOTA MINING & MANUFACTURING Common 604059105 2305 32,576 Sole 32,576 0
MOBIL CORPORATION Common 607059102 32857 373,380 Sole 371,380 2,000
MONSANTO COMPANY Common 611662107 1044 22,727 Sole 22,727 0
MYLAN LABORATORIES, INC. Common 628530107 899 32,750 Sole 32,750 0
NATIONAL CITY CORPORATION Common 635405103 1603 24,144 Sole 24,144 0
NATIONAL COMMERCE BANCORPORATION Common 635449101 723 31,700 Sole 31,700 0
NATIONAL FUEL GAS COMPANY Common 636180101 510 13,005 Sole 13,005 0
NATIONAL SERVICE INDUSTRIES, INC. Common 637657107 2083 61,144 Sole 61,144 0
NEWELL RUBBERMAID INC. Common 651229106 1665 35,060 Sole 35,060 0
NEWPORT NEWS SHIPBUILDING Common 652228107 802 25,300 Sole 25,300 0
NORTH FORK BANCORPORATION Common 659424105 941 44,556 Sole 44,556 0
OFFICE DEPOT INC. Common 676220106 927 24,750 Sole 24,750 0
OFFICE MAX INCORPORATED Common 67622M108 374 43,345 Sole 43,345 0
OGDEN CORPORATION Common 676346109 962 40,000 Sole 40,000 0
PEOPLES ENERGY CORPORATION Common 711030106 517 16,000 Sole 16,000 0
PEPSICO, INCORPORATED Common 713448108 1168 29,799 Sole 28,799 1,000
PERFORMANCE FOOD GROUP COMPANY Common 713755106 459 17,500 Sole 17,500 0
PFIZER INCORPORATED Common 717081103 23105 166,523 Sole 166,523 0
PITNEY-BOWES, INCORPORATED Common 724479100 3053 47,893 Sole 47,893 0
PNC BANK CORPORATION Common 693475105 7150 128,687 Sole 111,547 17,140
PRICE (T. ROWE) ASSOCIATES Common 741477103 584 17,000 Sole 17,000 0
PROCTER & GAMBLE COMPANY Common 742718109 107551 1,098,166 Sole 1,096,966 1,200
PROLOGIS TRUST Common 743410102 205 10,005 Sole 10,005 0
PROVIDENT FINANCIAL GROUP, INC. Common 743866105 15876 413,700 Sole 17,307 396,393
QWEST COMMUNICATIONS INTERNATIONA Common 749121109 1281 17,775 Sole 17,775 0
REGIONS FINANCIAL CORPORATION Common 758940100 10882 314,291 Sole 314,291 0
RELIASTAR FINANCIAL CORPORATION Common 75952U103 1354 31,768 Sole 31,768 0
RITE AID CORPORATION Common 767754104 8600 343,990 Sole 343,990 0
ROYAL CARIBBEAN CRUISES LTD Common V7780T103 398 10,200 Sole 10,200 0
ROYAL DUTCH PETROLEUM CO. (NETHER Common 780257804 4127 79,360 Sole 79,360 0
RPM, INCORPORATED Common 749685103 432 32,431 Sole 32,431 0
SARA LEE CORPORATION Common 803111103 15261 616,605 Sole 616,605 0
SBC COMMUNICATIONS, INCORPORATED Common 78387G103 1227 26,001 Sole 26,001 0
SCHERING-PLOUGH CORPORATION Common 806605101 37506 678,834 Sole 678,834 0
SCHLUMBERGER LTD. Common 806857108 836 13,892 Sole 13,892 0
SCUDDER GLOBAL FUND Common 378947204 490 17,170 Sole 17,170 0
SERVICEMASTER COMPANY Common 81760N109 1010 49,739 Sole 49,739 0
SHELL TRANSPORTATION & TRADING, L Common 822703609 1122 27,630 Sole 27,630 0
SHERWIN WILLIAMS COMPANY Common 824348106 806 28,640 Sole 28,640 0
SMITH INTERNATIONAL INCORPORATED Common 832110100 1045 26,120 Sole 26,120 0
SMITHKLINE BEECHAM PLC ADR Common 832378301 21083 294,869 Sole 294,869 0
SMUCKER (J.M.) COMPANY CLASS A Common 832696108 357 16,000 Sole 16,000 0
STAPLES, INCORPORATED Common 855030102 31044 944,291 Sole 944,291 0
STERLING COMMERCE INC. Common 859205106 632 20,555 Sole 20,555 0
SUMMIT BANCORP Common 866005101 10604 271,885 Sole 271,885 0
SUN MICROSYSTEMS INC. Common 866810104 25441 203,431 Sole 203,431 0
SUNGARD DATA SYSTEMS, INC. Common 867363103 1120 28,000 Sole 28,000 0
SYBRON INTERNATIONAL CORP.- WISCO Common 87114F106 1063 42,500 Sole 42,500 0
SYSCO CORPORATION Common 871829107 15768 599,278 Sole 599,278 0
TANDY CORPORATION Common 875382103 1181 18,500 Sole 18,500 0
TOOTSIE ROLL INDUSTRIES, INC. Common 890516107 798 17,338 Sole 17,338 0
USX - MARATHON GROUP INCORPORATED Common 902905827 13270 482,563 Sole 482,563 0
VITESSE SEMICONDUCTOR CORPORATION Common 928497106 1316 26,000 Sole 26,000 0
WAL-MART STORES, INCORPORATED Common 931142103 16369 177,561 Sole 177,561 0
WALGREEN COMPANY Common 931422109 21079 746,176 Sole 746,176 0
WARNER-LAMBERT COMPANY Common 934488107 833 12,578 Sole 12,578 0
WASTE MANAGEMENT, INC. Common 94106L109 994 22,411 Sole 22,411 0
WEATHERFORD INTERNATIONAL, INC. Common 947074100 449 17,190 Sole 17,190 0
WENDY'S INTERNATIONAL, INCORPORAT Common 950590109 375 13,200 Sole 3,200 10,000
WINTON FINANCIAL CORPORATION Common 976446104 1284 95,075 Sole 95,075 0
XEROX CORPORATION Common 984121103 944 18,113 Sole 18,113 0
</TABLE>
