<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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: Reliance Financial Services Corporation
Address: 55 East 52nd Street
New York, NY 10055
Form 13F File Number: 28-161
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: Robert M. Steinberg
Title: President and Chief Operating Officer
Phone: 212-909-1100
Signature, Place, and Date of Signing: /s/ Robert M. Steinberg
- ------------------------------------- -----------------------
New York, New York
November 11, 1999
NOTE: While the instructions for Column 6 of the Information Table
indicate the answer must be "DEFINED" due to a parent-subsidiary
relationship, each entity is responsible for its own investment policy and
exercises independent management discretion.
Report Type (Check only one.):
/X/ 13F HOLDINGS REPORT.
/ / 13F NOTICE.
/ / 13F COMBINATION REPORT.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 25
Form 13F Information Table Value Total (Thousands): $1,034,132
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
Form 13F
No. File Number Name
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1. 28-160 Reliance Insurance Company
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Form 13F INFORMATION TABLE
Report for the Calendar Quarter Ended September 30, 1999
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7
- ----------------------------- ---------------- --------- -------- ----------------------- --------- --------
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETION MANAGERS
- ----------------------------- ---------------- --------- -------- -------- --- ---- --------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ARMCO INC PFD CVA $3.625 042170407 20,085 390,000 SH DEFINED 1
CENTOCOR INC COM 152342101 35,173 600,600 SH DEFINED 1
CENTOCOR INC COM 152342101 550 9,400 SH DEFINED
CYPRESS SEMICONDUCTOR CORP SUB NT CV 144A02 232806AB5 10,148 9,000,000 PRN DEFINED 1
DEVON ENERGY CORP NEW COM 25179M103 8,287 200,000 SH DEFINED 1
EMONS TRANSN GRP INC COM 291575108 766 371,321 SH DEFINED 1
GENTA INC COM NEW 37245M207 2,312 999,603 SH DEFINED 1
HEARTPORT INC SB NT CV 144A 04 421969AA4 14,342 31,870,000 PRN DEFINED 1
HEARTPORT INC SB NT CV 7.25%04 421969AC0 5,605 12,455,000 PRN DEFINED 1
INDIVIDUAL INV GROUP INC COM 455907105 2,167 666,666 SH DEFINED 1
LANDAMERICA FINL GROUP INC COM 514936103 79,780 4,039,473 SH DEFINED 1
MORGAN J P & CO INC COM 616880100 65,145 570,200 SH DEFINED 1
MORGAN J P & CO INC COM 616880100 251 2,200 SH DEFINED
NATIONAL SEMICONDUCTOR CORP SB NT CV 6.5%02 637640AB9 16,878 17,200,000 PRN DEFINED 1
OCCIDENTAL PETE CORP DEL COM 674599105 1,209 52,272 SH DEFINED
OCCIDENTAL PETE CORP DEL COM 674599105 105,515 4,562,831 SH DEFINED 1
RELIANCE GROUP HOLDINGS INC COM 759464100 15,344 3,457,738 SH DEFINED 1
RELIANCE GROUP HOLDINGS INC COM 759464100 812 182,900 SH DEFINED
SCHLUMBERGER LTD COM 806857108 5,963 95,700 SH DEFINED 1
SCHLUMBERGER LTD COM 806857108 312 5,000 SH DEFINED
SEMPRA ENERGY COM 816851109 39,117 1,879,500 SH DEFINED 1
STREAMLINE COM INC COM 863239109 21,024 2,597,615 SH DEFINED 1
SUNBEAM CORP SRSDCV ZR0144A18 867071AA0 36,699 219,100,000 PRN DEFINED 1
SYMBOL TECHNOLOGIES INC COM 871508107 406,119 12,077,888 SH DEFINED 1
ZENITH NATL INS CORP COM 989390109 140,529 6,574,445 SH DEFINED 1
<CAPTION>
COLUMN 1 COLUMN 8
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VOTING AUTHORITY[A
NAME OF ISSUER SOLE SHARED NONE
- ----------------------------- -------- -------- --------
<S> <C>
ARMCO INC X
CENTOCOR INC X
CENTOCOR INC X
CYPRESS SEMICONDUCTOR CORP X
DEVON ENERGY CORP NEW X
EMONS TRANSN GRP INC X
GENTA INC X
HEARTPORT INC X
HEARTPORT INC X
INDIVIDUAL INV GROUP INC X
LANDAMERICA FINL GROUP INC X
MORGAN J P & CO INC X
MORGAN J P & CO INC X
NATIONAL SEMICONDUCTOR CORP X
OCCIDENTAL PETE CORP DEL X
OCCIDENTAL PETE CORP DEL X
RELIANCE GROUP HOLDINGS INC X
RELIANCE GROUP HOLDINGS INC X
SCHLUMBERGER LTD X
SCHLUMBERGER LTD X
SEMPRA ENERGY X
STREAMLINE COM INC X
SUNBEAM CORP X
SYMBOL TECHNOLOGIES INC X
ZENITH NATL INS CORP X
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