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: 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." 11/15/99
_____________________________ _______________________
[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: 60
"Form 13F Information Table Value Total: $463,486"
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 NON
A T & T CORP COM COM 001957109 772 "17,750" 000100070 000004001306 SOLE "17,750"
ADOBE SYS INC COM COM 00724F101 800 "7,050" 000100070 000004085360 SOLE "7,050"
ALCOA INC COM 013817101 783 "12,610" 000100070 000004088675 SOLE "12,610"
ALTERA CORP COM 021441100 477 "11,000" 000100070 000004119910 SOLE "11,000"
AMERICA ONLINE INC DEL COM 02364J104 812 "7,800" 000100070 000004347320 SOLE "7,800"
AMERICAN EXPRESS COMPANY COM 025816109 "1,215" "9,000" 000100070 000004419958 SOLE "9,000"
AMERICAN INTERNATIONAL GROUP INC COM COM 026874107 "1,271" "14,625" 000100070 000004636600 SOLE "14,625"
ANHEUSER-BUSCH COMPANIES INC COM COM 035229103 "1,131" "16,150" 000100070 000005089422 SOLE "16,150"
BELLSOUTH CORPORATION COM 079860102 616 "13,700" 000100070 000005099600 SOLE "13,700"
BRIGGS & STRATTON CORPORATION COM 109043109 645 "11,050" 000100070 000005387700 SOLE "11,050"
BRISTOL MYERS SQUIBB CO COM COM 110122108 "1,492" "22,100" 000100070 000005398910 SOLE "22,100"
BROADCOM CORP COM 111320107 757 "6,950" 000100070 000005543300 SOLE "6,950"
CHASE MANHATTAN CORP NEW COM 16161A108 931 "12,350" 000100070 000005849700 SOLE "12,350"
CHEVRON CORP COM 166751107 "1,064" "11,990" 000100070 000005937000 SOLE "11,990"
CITIGROUP INC COM 172967101 838 "19,050" 000100070 000006561604 SOLE "19,050"
DOW CHEMICAL COMPANY COMMON COM 260543103 466 "4,100" 000100070 000006836212 SOLE "4,100"
DUKE ENERGY CORP COM 264399106 "419,210" "135,440" SOLE "135,440"
ERICSSON L M TEL CO ADR COM 294821400 587 "18,800" 000100070 000007164003 SOLE "18,800"
FANNIE MAE COM STK COM 313586109 464 "7,400" 000100070 000007168730 SOLE "7,400"
FEDERATED DEPT STORES INC COM COM 31410H101 686 "15,700" 000100070 000009999057 SOLE "15,700"
FLUOR CORP COM COM 343861100 741 "18,400" 000100070 000004620856 SOLE "18,400"
FREDDIE MAC COM COM 313400301 767 "14,750" 000100070 000006831565 SOLE "14,750"
GENERAL DYNAMICS CORPORATION COM COM 369550108 446 "7,150" 000100070 000007182965 SOLE "7,150"
GENZYME CORP GENERAL DIVISION COM STK COM 372917104 374 "8,300" 000100070 000005866225 SOLE "8,300"
GOLDEN WEST FINANCIAL CORP COM 381317106 791 "8,050" 000100070 000007419900 SOLE "8,050"
HEWLETT PACKARD COMPANY COM 428236103 985 "10,850" 000100070 000005979600 SOLE "10,850"
HOME DEPOT INC COM COM 437076102 "1,125" "16,400" 000100070 000004424734 SOLE "16,400"
INTEL CORPORATION COM 458140100 810 "10,900" 000100070 000005623125 SOLE "10,900"
J P MORGAN & CO INC COM COM 616880100 508 "4,450" 000100070 000005728805 SOLE "4,450"
JOHNSON & JOHNSON COM COM 478160104 891 "9,700" 000100070 000004042140 SOLE "9,700"
L S I LOGIC CORP COM 502161102 936 "18,000" 000100070 000004072360 SOLE "18,000"
LEHMAN BROTHERS HLDGS INC COM 524908100 814 "13,950" 000100070 000004417340 SOLE "13,950"
LUCENT TECHNOLOGIES INC COM 549463107 532 "8,200" 000100070 000004681797 SOLE "8,200"
MC DONALDS CORPORATION COMMON COM 580135101 861 "19,900" 000100070 000005146600 SOLE "19,900"
MEDIMMUNE INC COM 584699102 523 "5,250" 000100070 000005487590 SOLE "5,250"
MEDTRONIC INC COM 585055106 555 "15,600" 000100070 000005595600 SOLE "15,600"
MERRILL LYNCH & CO INC COM 590188108 552 "8,200" 000100070 000006736500 SOLE "8,200"
MOBIL CORP COM 607059102 "1,033" "10,250" 000100070 000006947140 SOLE "10,250"
MOTOROLA INCORPORATED COM COM 620076109 902 "10,250" 000100070 000006990617 SOLE "10,250"
NATIONAL SEMICONDUCTOR CORP COMMON COM 637640103 451 "14,750" 000100070 000007420649 SOLE "14,750"
NOKIA CORP ADR-A SHS COM 654902204 894 "9,950" 000100070 000007815520 SOLE "9,950"
NORTEL NETWORKS CORP COM 656569100 755 "14,800" 000100070 000005974250 SOLE "14,800"
PACCAR INC COM 693718108 763 "15,000" 000100070 000006734181 SOLE "15,000"
PE CORP COM PE BIOSYSTEMS GROUP COM 69332S102 831 "11,500" 000100070 000007454825 SOLE "11,500"
PEPSICO INC COM COM 713448108 549 "18,000" 000100070 000007702935 SOLE "18,000"
PHARMACIA & UPJOHN INC COM 716941109 935 "18,850" 000100070 000004970420 SOLE "18,850"
POWERWAVE TECHNOLOGIES INC COM 739363109 405 "8,400" 000100070 000005049318 SOLE "8,400"
PROCTER & GAMBLE CO COM COM 742718109 806 "8,600" 000100070 000005198100 SOLE "8,600"
QUALCOMM INC COM 747525103 "1,059" "5,600" 000100070 000006567507 SOLE "5,600"
SBC COMMUNICATIONS INC COM 78387G103 842 "16,500" 000100070 000007661644 SOLE "16,500"
SCHERING PLOUGH CORP COM COM 806605101 829 "19,000" 000100070 000004007950 SOLE "19,000"
TELLABS INC COM 879664100 922 "16,200" 000100070 000007484427 SOLE "16,200"
TEMPLE INLAND INC COM 879868107 399 "6,550" 000100070 000005855228 SOLE "6,550"
TEXAS INSTRUMENTS INC COM 882508104 674 "8,200" 000100070 000004067856 SOLE "8,200"
TOPPS COMPANY INC COM 890786106 84 "11,250" 000100070 000005101358 SOLE "11,250"
TRUE NORTH COMMUNICATIONS INC COM COM 897844106 595 "16,350" 000100070 000005855300 SOLE "16,350"
VODAFONE AIRTOUCH PUBLIC LTD COMPANY COM 92857T107 808 "3,400" 000100070 000006069150 SOLE "3,400"
WARNER LAMBERT CO COM COM 934488107 654 "9,850" 000100070 000006934321 SOLE "9,850"
WEYERHAEUSER CO COM COM 962166104 732 "12,700" 000100070 000007512338 SOLE "12,700"
ZEBRA TECHNOLOGIES CORP CL A CL A 989207105 336 "7,400" 000100070 000007883946 SOLE "7,400"
TOTAL "463,486"
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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