Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 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: 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. May 10, 1999
_____________________________ _______________________ _____________
[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: 43
Form 13F Information Table Value Total: $466,572
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 PRNCAL DSCRETN SOLE SHARED NONE
A T & T CORP COM COM 001957109 1,963 24,600SH SOLE 24,600
AIRTOUCH COMMUNICATIONS INC COM 00949T100 1,024 10,600SH SOLE 10,600
AMERICAN EXPRESS COMPANY COM 025816109 1,295 11,000SH SOLE 11,000
AMERICAN INTERNATIONAL GROUP INC COM COM 026874107 1,724 14,300SH SOLE 14,300
AMGEN INC COM 031162100 2,148 28,700SH SOLE 28,700
ANHEUSER-BUSCH COMPANIES INC COM COM 035229103 1,884 24,750SH SOLE 24,750
BELLSOUTH CORPORATION COM 079860102 889 22,200SH SOLE 22,200
BRISTOL MYERS SQUIBB CO COM COM 110122108 1,731 27,000SH SOLE 27,000
BROADCOM CORP COM 111320107 640 10,400SH SOLE 10,400
CSX CORP COM COM 126408103 1,111 28,550SH SOLE 28,550
CHASE MANHATTAN CORP NEW COM 16161A108 1,224 15,050SH SOLE 15,050
CHEVRON CORP COM 166751107 1,299 14,640SH SOLE 14,640
DAIMLER-CHRYSLER AG COM D1668R123 995 11,600SH SOLE 11,600
DISNEY WALT CO COM COM 254687106 323 10,400SH SOLE 10,400
DUKE ENERGY CORP COM 264399106 416,8337,604,72SH SOLE 7,604,721
ENRON CORP COM 293561106 1,373 21,380SH SOLE 21,380
FDX CORP COM 31304N107 1,543 16,600SH SOLE 16,600
FEDERAL HOME LOAN MTG CORP COM COM 313400301 515 9,000SH SOLE 9,000
GTE CORP COM 362320103 1,110 18,350SH SOLE 18,350
GATEWAY 2000 INC COM 367833100 1,971 28,750SH SOLE 28,750
GOLDEN WEST FINANCIAL CORP COM 381317106 935 9,800SH SOLE 9,800
GREAT ATLANTIC & PACIFIC TEA CO INC COM COM 390064103 315 10,500SH SOLE 10,500
HEWLETT PACKARD COMPANY COM 428236103 1,088 16,050SH SOLE 16,050
HOME DEPOT INC COM COM 437076102 1,245 20,000SH SOLE 20,000
INTERNATIONAL BUSINESS MACHINES CORP COM 459200101 726 4,100SH SOLE 4,100
LEHMAN BROTHERS HLDGS INC COM 524908100 1,015 17,000SH SOLE 17,000
ELI LILLY & CO COM COM 532457108 424 5,000SH SOLE 5,000
LUCENT TECHNOLOGIES INC COM 549463107 540 5,000SH SOLE 5,000
MC DONALDS CORPORATION COMMON COM 580135101 1,101 24,300SH SOLE 24,300
MERRILL LYNCH & CO INC COM 590188108 885 10,000SH SOLE 10,000
MOBIL CORP COM 607059102 1,592 18,100SH SOLE 18,100
MOTOROLA INCORPORATED COM COM 620076109 1,369 18,700SH SOLE 18,700
MYLAN LABS INC COM 628530107 646 23,550SH SOLE 23,550
NIKE INC CL B COM 654106103 1,332 23,100SH SOLE 23,100
NOKIA CORP ADR-A COM 654902204 1,674 10,750SH SOLE 10,750
ORACLE CORPORATION COM 68389X105 1,736 65,850SH SOLE 65,850
PHARMACIA & UPJOHN INC COM 716941109 1,434 23,000SH SOLE 23,000
SBC COMMUNICATIONS INC COM 78387G103 1,486 31,500SH SOLE 31,500
SCHERING PLOUGH CORP COM COM 806605101 1,442 26,100SH SOLE 26,100
SEAGATE TECHNOLOGY INC COM 811804103 940 31,800SH SOLE 31,800
SEARS ROEBUCK & COMPANY COM 812387108 854 18,900SH SOLE 18,900
TELLABS INC COM 879664100 1,173 12,000SH SOLE 12,000
U S AIRWAYS GROUP INC COM 911905107 1,025 21,000SH SOLE 21,000
TOTAL 466,572
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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