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, 2000
Check her if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Zeliff Wallace Jackson Investment Counsel
Address: 1100 Peachtree Street, N.E., Suite 2050
Atlanta, GA 30309
13F File Number: 28-2376
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: Charles J. Wallace, Jr.
Title: Executive Vice President
Phone: 404-873-2211
Signature, Place, and Date of Signing:
Charles J. Wallace, Jr. Atlanta, Georgia November 14, 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.
<PAGE> FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 140
FORM 13F INFORMATION TABLE VALUE TOTAL: $394,738,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3 COM CORP COM 885535104 2036 106098 SH SOLE 1900 0 104198
A D C TELECOMMUNICATION INC COM 000886101 4800 178505 SH SOLE 800 0 177705
A T & T CORP COM 001957109 2757 93857 SH SOLE 1000 0 92857
ABBOTT LABS COM 002824100 13268 278954 SH SOLE 1600 0 277354
AFLAC INC COM 001055102 298 4610 SH SOLE 0 0 4610
AGILENT TECHNOLOGIES INC COM 00846U101 1607 32839 SH SOLE 200 0 32639
AKZO NOBEL N V ADR COM 010199305 329 7815 SH SOLE 0 0 7815
ALLERGAN INC COM 018490102 219 2600 SH SOLE 0 0 2600
ALLTEL CORP COM 020039103 5578 106887 SH SOLE 1000 0 105887
AMERICA ONLINE CONV 0.000% 12/ CONVERTIBLE BOND 02364JAC8 225 450000 PRN SOLE 20000 0 430000
AMERICA ONLINE INC COM 02364J104 1489 27710 SH SOLE 200 0 27510
AMERICAN HOME PRODUCTS CORP COM 026609107 6437 114050 SH SOLE 1200 0 112850
AMERICAN INTERNATIONAL GROUP I COM 026874107 1013 10582 SH SOLE 0 0 10582
AMGEN INC COM 031162100 783 11215 SH SOLE 0 0 11215
ANADARKO PETE CORP COM 032511107 1241 18680 SH SOLE 0 0 18680
ANHEUSER BUSCH COMPANIES INC COM 035229103 558 13176 SH SOLE 0 0 13176
AUTOMATIC DATA PROCESSING COM 053015103 769 11506 SH SOLE 0 0 11506
AXA FINANCIAL COM 002451102 7129 139956 SH SOLE 1900 0 138056
BANK NEW YORK INC COM 064057102 225 3980 SH SOLE 0 0 3980
BANK OF AMERICA COM 060505104 692 13208 SH SOLE 0 0 13208
BAXTER INTERNATIONAL INC COM 071813109 303 3800 SH SOLE 0 0 3800
BB&T CORPORATION COM 054937107 948 31475 SH SOLE 0 0 31475
BECTON DICKINSON & CO COM 075887109 4461 168720 SH SOLE 1500 0 167220
BELLSOUTH CORP COM 079860102 1364 33677 SH SOLE 0 0 33677
BIOGEN INC COM 090597105 1330 21810 SH SOLE 400 0 21410
BP AMOCO ADS COM 055622104 586 11060 SH SOLE 0 0 11060
BRISTOL MYERS SQUIBB CO COM 110122108 1361 23663 SH SOLE 0 0 23663
BROADWING, INC. COM 111620100 6722 262946 SH SOLE 900 0 262046
C N F TRANSPORTATION INC. COM 12612W104 326 14644 SH SOLE 0 0 14644
CENTURA SOFTWARE CORP COM 15640W103 53 15000 SH SOLE 0 0 15000
CERIDIAN CORP COM 15677T106 4116 146660 SH SOLE 1400 0 145260
CHUBB CORP COM 171232101 7217 91210 SH SOLE 900 0 90310
CISCO SYSTEMS INC COM 17275R102 350 6335 SH SOLE 0 0 6335
CITIGROUP INC. COM 172967101 644 11910 SH SOLE 0 0 11910
COCA-COLA COMPANY COM 191216100 26855 487163 SH SOLE 500 0 486663
COMERICA INC COM 200340107 860 14720 SH SOLE 0 0 14720
COMPAQ COMPUTER CORP COM 204493100 4361 158480 SH SOLE 1600 0 156880
COMPUTER ASSOCIATES INTERNATIO COM 204912109 949 37474 SH SOLE 700 0 36774
CONVERGYS CORP. COM 212485106 6784 174500 SH SOLE 1300 0 173200
CORNING INC COM 219350105 1295 13080 SH SOLE 0 0 13080
DOW CHEMICAL CORP COM 260543103 436 17493 SH SOLE 0 0 17493
DU PONT E I DE NEMOURS CO COM 263534109 209 5114 SH SOLE 0 0 5114
DYAX CORPORATION COM 26746E103 224 5114 SH SOLE 0 0 5114
E M C CORP. COM 268648102 494 4969 SH SOLE 0 0 4969
ELAN CORP ADR COM 284131208 10328 188640 SH SOLE 2050 0 186590
ELAN PLC CONT VALUE RTS WARRANT AND RIGH G29539148 19 20000 SH SOLE 0 0 20000
ELI LILLY AND COMPANY COM 532457108 839 10337 SH SOLE 0 0 10337
ENRON CORP COM 293561106 228 2600 SH SOLE 0 0 2600
EVERGREEN FOUNDATION TRUST CLA MUTUAL FUNDS 300233103 378 18813 SH SOLE 0 0 18813
EXCELON CORP COM 300691102 272 22000 SH SOLE 0 0 22000
EXXON MOBIL CORPORATION COM 30231G102 4975 55834 SH SOLE 0 0 55834
FAMILY DOLLAR STORES COM 307000109 1594 82825 SH SOLE 1000 0 81825
FANNIE MAE COM 313586109 768 10735 SH SOLE 0 0 10735
FEDEX CORP COM 31428X106 1850 41730 SH SOLE 350 0 41380
FIRST DATA CORP COM 319963104 5306 135835 SH SOLE 1200 0 134635
FIRST UNION CORP COM 337358105 730 22679 SH SOLE 0 0 22679
FLEETBOSTON FINANCIAL CORPORAT COM 339030108 6681 171311 SH SOLE 1600 0 169711
FLEXTRONICS INTL LTD COM Y2573F102 246 6000 SH SOLE 0 0 6000
FREDDIE MAC COM 313400301 787 14555 SH SOLE 0 0 14555
GENERAL ELECTRIC CO COM 369604103 14753 255195 SH SOLE 0 0 255195
GENERAL MILLS INC COM 370334104 335 9430 SH SOLE 0 0 9430
GENUINE PARTS CO COM 372460105 214 11221 SH SOLE 0 0 11221
GENZYME SURGICAL PRODUCTS COM 372917609 75 10000 SH SOLE 0 0 10000
GILLETTE CO COM 375766102 248 8046 SH SOLE 0 0 8046
GUIDANT CORP COM 401698105 1287 18212 SH SOLE 0 0 18212
HAVERTY FURNITURE COMPANIES IN COM 419596200 505 44920 SH SOLE 0 0 44920
HEALTHCARE.COM CORP COM 42221Y100 108 40000 SH SOLE 0 0 40000
HEALTHSOUTH CORP COM 421924101 155 19202 SH SOLE 0 0 19202
HEWLETT PACKARD CO COM 428236103 7370 151174 SH SOLE 1000 0 150174
HOME DEPOT INC COM 437076102 4281 80868 SH SOLE 0 0 80868
HUMAN GENOME SCIENCES INC COM 444903108 1039 12000 SH SOLE 0 0 12000
I B M COM 459200101 13694 121589 SH SOLE 900 0 120689
ILLINOIS TOOL WORKS INC COM 452308109 242 4330 SH SOLE 0 0 4330
IMMUNEX CORP NEW COM 452528102 696 16005 SH SOLE 0 0 16005
INSMED INC COM 457669208 155 11750 SH SOLE 0 0 11750
INTEL CORP COM 458140100 847 20376 SH SOLE 0 0 20376
INTERTAPE POLYMER GROUP INC COM 460919103 317 23395 SH SOLE 0 0 23395
ITC DELTACOM INC COM 45031T104 147 12750 SH SOLE 0 0 12750
J P MORGAN & CO INC COM 616880100 3985 24393 SH SOLE 350 0 24043
JOHNSON & JOHNSON COM 478160104 6696 71278 SH SOLE 700 0 70578
KAUFMANN FUND, INC. MUTUAL FUNDS 486250103 96 13632 SH SOLE 0 0 13632
KAYDON CORP COM 486587108 264 11490 SH SOLE 0 0 11490
L S I LOGIC CORP COM 502161102 2208 75475 SH SOLE 510 0 74965
LOWES COMPANIES INC COM 548661107 3763 83860 SH SOLE 900 0 82960
LUCENT TECHNOLOGIES INC COM 549463107 1377 45152 SH SOLE 600 0 44552
MATRIA HEALTHCARE INC COM 576817100 70 20000 SH SOLE 0 0 20000
MCDONALDS CORP COM 580135101 2586 85676 SH SOLE 0 0 85676
MERCK & CO INC COM 589331107 1299 17451 SH SOLE 0 0 17451
MERRILL LYNCH & CO COM 590188108 10200 154546 SH SOLE 1800 0 152746
MICRON TECHNOLOGY INC COM 595112103 3789 82359 SH SOLE 1300 0 81059
MICROSOFT CORP COM 594918104 673 11155 SH SOLE 0 0 11155
MINNESOTA MINING & MANUFACTURI COM 604059105 443 4860 SH SOLE 0 0 4860
MOTOROLA INC COM 620076109 4378 151289 SH SOLE 2280 0 149009
NATIONAL COMMERCE BANCORPORATI COM 635449101 823 41304 SH SOLE 0 0 41304
NATIONAL SEMICONDUCTOR CORP COM 637640103 3282 80544 SH SOLE 700 0 79844
NOKIA CORP SPONSORED ADR COM 654902204 18601 465015 SH SOLE 3400 0 461615
OMNICOM GROUP COM 681919106 2881 39497 SH SOLE 0 0 39497
PALM INC COM 696642107 5171 97688 SH SOLE 2031 0 95657
PEPSICO INC COM 713448108 269 5841 SH SOLE 0 0 5841
PFIZER INC COM 717081103 942 20966 SH SOLE 0 0 20966
PHARMACIA CORP COM 71713U102 8818 146515 SH SOLE 1650 0 144865
PHILIP MORRIS COS INC COM 718154107 256 8701 SH SOLE 0 0 8701
PROCTER & GAMBLE COMPANY COM 742718109 1441 21503 SH SOLE 0 0 21503
PROVIDIAN FINANCIAL CORP COM 74406A102 682 5370 SH SOLE 0 0 5370
QWEST COMMUNICATIONS INTERNATI COM 749121109 345 7166 SH SOLE 0 0 7166
REGIONS FINANCIAL CORP COM 758940100 290 12775 SH SOLE 0 0 12775
REGIS CORP COM 758932107 2282 152164 SH SOLE 1400 0 150764
ROYAL DUTCH PETROLEUM COM 780257804 4053 67615 SH SOLE 700 0 66915
S B C COMMUNICATIONS INC COM 78387G103 789 15824 SH SOLE 0 0 15824
S C I SYSTEM INC COM 783890106 4371 106620 SH SOLE 800 0 105820
S & P 500 DEPOSITORY RECEIPT COM 78462F103 376 2619 SH SOLE 0 0 2619
SANMINA CORP COM 800907107 17663 188657 SH SOLE 1500 0 187157
SARA LEE CORP COM 803111103 268 13200 SH SOLE 0 0 13200
SCHERING PLOUGH CORP COM 806605101 269 5771 SH SOLE 0 0 5771
SCHLUMBERGER COM 806857108 6727 81729 SH SOLE 600 0 81129
SOUTHERN CO COM 842587107 510 15715 SH SOLE 0 0 15715
SOUTHTRUST CORP COM 844730101 1238 39381 SH SOLE 0 0 39381
SPRINGS INDS INC COM 851783100 4894 173626 SH SOLE 0 0 173626
STERIS CORP COM 859152100 2793 232780 SH SOLE 2000 0 230780
SUN MICROSYSTEMS INC COM 866810104 206 1762 SH SOLE 0 0 1762
SUNTRUST BANKS INC COM 867914103 2223 44580 SH SOLE 400 0 44180
SYNOVUS FINANCIAL CORP COM 87161C105 1285 60659 SH SOLE 0 0 60659
TELEPHONE & DATA SYSTEMS INC COM 879433100 2929 26455 SH SOLE 100 0 26355
TERADYNE INC COM 880770102 262 7477 SH SOLE 0 0 7477
TEXAS INSTRUMENTS INC. COM 882508104 8837 186532 SH SOLE 1700 0 184832
THE WALT DISNEY COMPANY COM 254687106 4562 119271 SH SOLE 200 0 119071
THERMO ELECTRON CORP COM 883556102 637 24498 SH SOLE 0 0 24498
TIFFANY & CO COM 886547108 5329 138200 SH SOLE 1200 0 137000
TIME WARNER INC COM 887315109 247 3150 SH SOLE 0 0 3150
TRANSOCEAN SEDCO FOREX INC COM G90078109 4331 73885 SH SOLE 400 0 73485
TRIGON HEALTHCARE INC COM 89618L100 880 16750 SH SOLE 0 0 16750
UNITED TECHNOLOGIES CORP COM 913017109 208 3003 SH SOLE 0 0 3003
UNITRIN INC COM 913275103 407 12850 SH SOLE 0 0 12850
UNUMPROVIDENT CORP COM 91529Y106 2017 74002 SH SOLE 1500 0 72502
VERITAS SOFTWARE CO COM 923436109 216 1520 SH SOLE 0 0 1520
VERIZON COMMUNICATIONS COM 92343V104 8309 171536 SH SOLE 1281 0 170255
WACHOVIA CORP COM 929771103 444 7839 SH SOLE 0 0 7839
WESBANCO INC COM 950810101 240 11200 SH SOLE 0 0 11200
WILLIAMS COMPANIES INC COM 969457100 9277 219570 SH SOLE 2400 0 217170
WORLDCOM INC COM 98157D106 4861 160027 SH SOLE 1100 0 158927
</TABLE>
