Form 13F
Form 13F COVER PAGE
"Report for the Calendar Year or Quarter Ended: June 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: The Duke Endowment
Address: 100 North Tryon Street Suite 3500
" Charlotte, North Carolina 28202-4012"
Form 13F File Number: 28-685
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 Behalfof Reporting Manager:
Name: Janice C. Walker
Title: CFO & Treasurer
Phone: (704) 376-0291
"Signature, Place, and Date of Signing:"
Janice C. Walker "Charlotte, N.C." 10-Aug-99
_____________________________ ____________________ _____________
[Signature] "[City, State]" [Date]
Report Type (Check only one.) :
[X ] 13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this
" report, and all holdings are reported by other reporting"
manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other reporting manager (s).
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 56
"Form 13F Information Table Value Total: $469,212"
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.
None
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT VOTING AUTHORITY
Name of Issuer Title of Class CUSIP (X$1000) PRN AMT PRN CAL DSRETN SOLE SHARED NONE
A T & T CORP COM COM 1957109 929 "16,650" 100070 4001306 SH SOLE "16,650"
ALCOA INC COM 13817101 952 "15,400" 100070 4042140 SH SOLE "15,400"
AMERICAN EXPRESS COMPANY COM 25816109 "1,431" "11,000" 100070 4085360 SH SOLE "11,000"
AMERICAN INTERNATIONAL GROUP INC COM COM 26874107 "1,676" "14,300" 100070 4088675 SH SOLE "14,300"
ANHEUSER-BUSCH COMPANIES INC COM COM 35229103 "1,401" "19,750" 100070 4119910 SH SOLE "19,750"
BELLSOUTH CORPORATION COM 79860102 747 "16,200" 100070 4347320 SH SOLE "16,200"
BRIGGS & STRATTON CORPORATION COM 109043109 779 "13,500" 100070 4417340 SH SOLE "13,500"
BRISTOL MYERS SQUIBB CO COM COM 110122108 "1,901" "27,000" 100070 4419958 SH SOLE "27,000"
BROADCOM CORP COM 111320107 "1,373" "9,500" 100070 4424734 SH SOLE "9,500"
C-CUBE MICROSYSTEMS INC COM 125015107 275 "8,700" 100070 4463277 SH SOLE "8,700"
CHASE MANHATTAN CORP NEW COM 16161A108 "1,301" "15,050" 100070 4620856 SH SOLE "15,050"
CHEVRON CORP COM 166751107 "1,391" "14,640" 100070 4636600 SH SOLE "14,640"
CITIGROUP INC COM 172967101 "1,104" "23,250" 100070 4681797 SH SOLE "23,250"
CLOROX COMPANY COMMON COM 189054109 747 "7,000" 100070 4709950 SH SOLE "7,000"
CSX CORP COM COM 126408103 "1,036" "22,850" 100070 4476275 SH SOLE "22,850"
DAIMLER-CHRYSLER AG COM D1668R123 "1,032" "11,600" 100070 4859144 SH SOLE "11,600"
DOW CHEMICAL COMPANY COMMON COM 260543103 634 "5,000" 100070 4970420 SH SOLE "5,000"
DUKE ENERGY CORP COM 264399106 "413,981" "7,604,721" SH SOLE "7,604,721"
ENRON CORP COM 293561106 603 "7,380" 100070 5047302 SH SOLE "7,380"
ERICSSON L M TEL CO ADR COM 294821400 747 "22,700" 100070 5049318 SH SOLE "22,700"
FANNIE MAE COM STK COM 313586109 614 "9,000" 100070 5099600 SH SOLE "9,000"
FDX CORP COM 31304N107 922 "17,000" 100070 5070001 SH SOLE "17,000"
FLUOR CORP COM COM 343861100 907 "22,400" 100070 5146600 SH SOLE "22,400"
FREDDIE MAC COM COM 313400301 "1,044" "18,000" 100070 5089422 SH SOLE "18,000"
GENERAL DYNAMICS CORPORATION COM COM 369550108 599 "8,700" 100070 5198100 SH SOLE "8,700"
GOLDEN WEST FINANCIAL CORP COM 381317106 960 "9,800" 100070 5269500 SH SOLE "9,800"
HEWLETT PACKARD COMPANY COM 428236103 "1,331" "13,250" 100070 5387700 SH SOLE "13,250"
HOME DEPOT INC COM COM 437076102 "1,288" "20,000" 100070 5398910 SH SOLE "20,000"
INTEL CORPORATION COM 458140100 791 "13,300" 100070 5487590 SH SOLE "13,300"
J P MORGAN & CO INC COM COM 616880100 758 "5,400" 100070 5974250 SH SOLE "5,400"
L S I LOGIC CORP COM 502161102 "1,014" "22,000" 100070 5595600 SH SOLE "22,000"
LEHMAN BROTHERS HLDGS INC COM 524908100 "1,056" "17,000" 100070 5623125 SH SOLE "17,000"
LUCENT TECHNOLOGIES INC COM 549463107 674 "10,000" 100070 5728805 SH SOLE "10,000"
MC DONALDS CORPORATION COMMON COM 580135101 999 "24,300" 100070 5849700 SH SOLE "24,300"
MERRILL LYNCH & CO INC COM 590188108 795 "10,000" 100070 5866225 SH SOLE "10,000"
MOBIL CORP COM 607059102 "1,234" "12,500" 100070 5937000 SH SOLE "12,500"
MOTOROLA INCORPORATED COM COM 620076109 "1,392" "14,700" 100070 5979600 SH SOLE "14,700"
NIKE INC CL B COM 654106103 "1,109" "17,500" 100070 6559595 SH SOLE "17,500"
NOKIA CORP ADR-A SHS COM 654902204 "1,336" "14,600" 100070 6561604 SH SOLE "14,600"
NORTEL NETWORKS CORP COM 656569100 729 "8,400" 100070 6567507 SH SOLE "8,400"
PACCAR INC COM 693718108 971 "18,200" 100070 6736500 SH SOLE "18,200"
PE CORP COM PE BIOSYSTEMS GROUP COM 69332S102 814 "7,100" 100070 6734181 SH SOLE "7,100"
PHARMACIA & UPJOHN INC COM 716941109 "1,306" "23,000" 100070 6836212 SH SOLE "23,000"
PROCTER & GAMBLE CO COM COM 742718109 937 "10,500" 100070 6947140 SH SOLE "10,500"
QUALCOMM INC COM 747525103 "1,176" "8,200" 100070 6990617 SH SOLE "8,200"
RAYTHEON CO CL B COM 755111408 "1,269" "18,000" 100070 7010809 SH SOLE "18,000"
SBC COMMUNICATIONS INC COM 78387G103 "1,131" "19,500" 100070 7164003 SH SOLE "19,500"
SCHERING PLOUGH CORP COM COM 806605101 "1,218" "23,200" 100070 7168730 SH SOLE "23,200"
SEARS ROEBUCK & COMPANY COM 812387108 842 "18,900" 100070 7182965 SH SOLE "18,900"
TELLABS INC COM 879664100 "1,351" "20,000" 100070 7419900 SH SOLE "20,000"
TEMPLE INLAND INC COM 879868107 549 "8,000" 100070 7420649 SH SOLE "8,000"
TEXAS INSTRUMENTS INC COM 882508104 720 "5,000" 100070 7454825 SH SOLE "5,000"
U S AIRWAYS GROUP INC COM 911905107 914 "21,000" 100070 7563960 SH SOLE "21,000"
VODAFONE AIRTOUCH PUBLIC LTD COMPANY COM 92857T107 768 "3,900" 100070 7661644 SH SOLE "3,900"
WARNER LAMBERT CO COM COM 934488107 829 "12,000" 100070 7702935 SH SOLE "12,000"
WEYERHAEUSER CO COM COM 962166104 825 "12,000" 100070 7815520 SH SOLE "12,000"
TOTAL "469,212"
The Duke Endowment is also the beneficial owner of certain securities which are reported
on Forms 13F by outside investment managers.
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