RITTENHOUSE FINANCIAL SERVICES INC
13F-HR, 1999-07-28
Previous: ZELIFF WALLACE JACKSON INVESTMENT COUNSEL INC, 13F-HR, 1999-07-28
Next: INDEPENDENCE ONE MUTUAL FUNDS, 24F-2NT, 1999-07-28


          UNITED STATES
        SECURITIES AND EXHANGE COMMISSION
          Washington, D.C.  20549

                 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:       Rittenhouse Financial Services, Inc.
Address:    #2 Radnor Corporate Center, Suite 400
            Radnor, PA  19087

13F File Number:  23-2119472

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 intergral parts of
this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:          Marion R. Metzbower
Title:         Chief Compliance Officer
Phone:         610-254-9600
Signature, Place, and Date of Signing:

     Marion R. Metzbower      Radnor, Pennsylvania    July 28, 1999

Report Type (Check only one.):

[ X]         13F HOLDINGS REPORT.

[  ]         13F NOTICE.

[  ]         13 COMBINATION REPORT.

List of Other Managers Reporting for this Manager:

I AM SIGNING THIS REPORT AS REQURED BY THE SECURITIES EXCHANGE
ACT OF 1934
<PAGE>
                             FORM 13F SUMMARY PAGE
                              AS OF DATE: 06/30/99
                         RUN DATE: 07/28/99  5:32 A.M.


REPORT SUMMARY:

NUMBER OF OTHER INCLUDED MANAGERS:        0

FORM 13F INFORMATION TABLE ENTRY TOTAL:   124

FORM 13F INFORMATION TABLE VALUE TOTAL:   $13,840,920,000
<PAGE>
<TABLE>                        <C>                                   <C>

                                                     FORM 13F INFORMATION TABLE
                                                        AS OF DATE: 06/30/99

                                                            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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------

TRANS TASMAN PPTY LTD ORD      COM              Q9194N108        0    35360 SH       SOLE                        0        0    35360
WOOLWORTH CORP CALL AUGUST @ $ OPTION - CALL    0               10      384 SH  CALL SOLE                      338        0       46
AT & T CORP.                   COM              001957109     1838    32939 SH       SOLE                    21600        0    11339
ABBOTT LABS                    COM              002824100   442987  9762795 SH       SOLE                  5671282        0  4091513
AIR PRODS & CHEMS INC          COM              009158106      688    17086 SH       SOLE                    12326        0     4760
ALBERTSONS INC                 COM              013104104      641    12431 SH       SOLE                     8946        0     3485
ALLTEL CORP                    COM              020039103      312     4363 SH       SOLE                        0        0     4363
AMERICAN EXPRESS CO            COM              025816109      247     1900 SH       SOLE                        0        0     1900
AMERICAN HOME PRODS CORP       COM              026609107    10092   175895 SH       SOLE                    52855        0   123040
AMERICAN INTL GROUP INC        COM              026874107   748663  6385184 SH       SOLE                  3630153        0  2755031
AMERITECH CORP NEW             COM              030954101     1062    14455 SH       SOLE                        0        0    14455
ANHEUSER BUSCH COS INC         COM              035229103      951    13410 SH       SOLE                     9000        0     4410
ATLANTIC RICHFIELD COMPANY     COM              048825103      451     5400 SH       SOLE                     1000        0     4400
AUTOMATIC DATA PROCESSING      COM              053015103   702129 15957483 SH       SOLE                  9179034        0  6778449
BNY HAMILTON FDS INC INTR TX-E MUTUAL FUNDS     05561M820      574    58704 SH       SOLE                        0        0    58704
BNY HAMILTON FDS INC INTL EQ I MUTUAL FUNDS     05561M846      258    19439 SH       SOLE                        0        0    19439
BNY HAMILTON FDS INC SM CAP GR MUTUAL FUNDS     05561M861      285    19283 SH       SOLE                        0        0    19283
BP AMOCO ADS                   COM              055622104     2337    21535 SH       SOLE                    12074        0     9461
BANK OF AMERICA                COM              060505104     2053    28000 SH       SOLE                    20375        0     7625
BANK NEW YORK INC              COM              064057102      503    13715 SH       SOLE                     3870        0     9845
BELL ATLANTIC CORP             COM              077853109     5896    90182 SH       SOLE                    20501        0    69681
BELLSOUTH CORP                 COM              079860102     1935    41955 SH       SOLE                     4000        0    37955
BERKSHIRE HATHAWAY INC DEL CL  COM              084670207     2002      894 SH       SOLE                      125        0      768
BESTFOODS                      COM              08658U101     1173    23692 SH       SOLE                    10835        0    12857
BOEING CO                      COM              097023105     1259    28607 SH       SOLE                    23000        0     5607
BRISTOL MYERS SQUIBB CO        COM              110122108     4295    60977 SH       SOLE                    29040        0    31937
BRUNSWICK CORP                 COM              117043109      224     8050 SH       SOLE                        0        0     8050
CIGNA CORP                     COM              125509109      901    10125 SH       SOLE                     3350        0     6775
CAMPBELL SOUP CO               COM              134429109      275     5929 SH       SOLE                      582        0     5347
CHASE MANHATTAN CORP NEW COM   COM              16161A108      251     2900 SH       SOLE                        0        0     2900
CHEVRON CORP                   COM              166751107     1655    17410 SH       SOLE                     9750        0     7660
CHUBB CORP                     COM              171232101      241     3470 SH       SOLE                       70        0     3400
CINCINNATI BELL INC            COM              171870108      274    11000 SH       SOLE                        0        0    11000
CISCO SYS INC                  COM              17275R102   275719  4274720 SH       SOLE                  2497864        0  1776856
CINTAS CORP                    COM              172908105      488     7270 SH       SOLE                        0        0     7270
CITIGROUP INC.                 COM              172967101     1977    41627 SH       SOLE                    37350        0     4277
CITIZENS UTILS CO DEL COM SER  COM              177342201      113    10153 SH       SOLE                        1        0    10152
CLOROX CO                      COM              189054109      310     2900 SH       SOLE                        0        0     2900
COCA COLA CO                   COM              191216100   536356  8650906 SH       SOLE                  4955091        0  3695815
COLGATE PALMOLIVE CO           COM              194162103   649230 13182330 SH       SOLE                  7663627        0  5518704
CONAGRA INC.                   COM              205887102      564    21200 SH       SOLE                    17600        0     3600
CONVERGYS CORP COM             COM              212485106      213    11000 SH       SOLE                        0        0    11000
DAYTON HUDSON CORP             COM              239753106     1037    15950 SH       SOLE                    15950        0        0
DISNEY WALT PRODUCTIONS        COM              254687106   374341 12148996 SH       SOLE                  7058091        0  5090905
DU PONT E I DE NEMOURS CO      COM              263534109    33226   486382 SH       SOLE                   377710        0   108672
E M C CORP MASS COM            COM              268648102     1178    21415 SH       SOLE                    20125        0     1290
EASTMAN KODAK CO               COM              277461109      528     7800 SH       SOLE                     7400        0      400
EMERSON ELEC CO                COM              291011104     2540    40362 SH       SOLE                    21469        0    18894
SELECT TEN 99 SER B            COM              294701H59       93    96638 SH       SOLE                        0        0    96638
EXXON CORP                     COM              302290101     7827   101485 SH       SOLE                    39367        0    62118
FPL GROUP INC                  COM              302571104      533     9750 SH       SOLE                     8750        0     1000
FREDDIE MAC                    COM              313400301   440132  7588491 SH       SOLE                  4413463        0  3175027
FANNIE MAE                     COM              313586109   498083  7297926 SH       SOLE                  4185177        0  3112749
FIFTH 3RD BANCORP              COM              316773100     1571    23608 SH       SOLE                        0        0    23608
FIRST MIDWEST BANCORP COM      COM              320867104      246     6201 SH       SOLE                        0        0     6201
FIRST UNION CORP               COM              337358105     6435   136549 SH       SOLE                    19018        0   117531
FIRSTAR CORP NEW WIS COM       COM              33763V109     4004   142997 SH       SOLE                        0        0   142997
GTE CORP                       COM              362320103     1907    25252 SH       SOLE                    12102        0    13150
GENERAL ELEC CO                COM              369604103   745549  6597779 SH       SOLE                  3732022        0  2865757
GILLETTE CO                    COM              375766102   221824  5410350 SH       SOLE                  3114469        0  2295881
HEINZ, H J COMPANY             COM              423074103      251     5011 SH       SOLE                      631        0     4380
HERSHEY FOODS CORP             COM              427866108      355     5987 SH       SOLE                      100        0     5887
HEWLETT PACKARD CO             COM              428236103   388192  3862602 SH       SOLE                  2196450        0  1666152
HOME DEPOT INC                 COM              437076102   653788 10146085 SH       SOLE                  5853940        0  4292145
HONEYWELL INC                  COM              438506107     1237    10675 SH       SOLE                     1975        0     8700
INTEL CORP                     COM              458140100   439536  7387158 SH       SOLE                  4308674        0  3078484
INTERNATIONAL BUSINESS MACHINE COM              459200101   253298  1959749 SH       SOLE                  1180381        0   779368
JOHNSON & JOHNSON              COM              478160104   758608  7740898 SH       SOLE                  4419933        0  3320965
KELLOGG CO                     COM              487836108      396    12000 SH       SOLE                        0        0    12000
KEYSTONE FINL INC              COM              493482103     1306    44186 SH       SOLE                     8776        0    35410
KIMBERLY CLARK CORP            COM              494368103     1229    21570 SH       SOLE                     1000        0    20570
LAFAYETTE INDS INC COM         COM              506377100        0    10000 SH       SOLE                        0        0    10000
LILLY ELI & CO                 COM              532457108     1266    17672 SH       SOLE                    13000        0     4672
LUCENT TECHNOLOGIES INC COM    COM              549463107   507657  7527808 SH       SOLE                  4365737        0  3162071
MBNA CORP                      COM              55262L100      285     9318 SH       SOLE                      375        0     8943
MAIN STR BANCORP INC COM       COM              559906102      255    17553 SH       SOLE                        0        0    17553
MARSH MCLENNAN                 COM              571748102      204     2700 SH       SOLE                        0        0     2700
MAY DEPT STORES CO             COM              577778103      534    13076 SH       SOLE                     9300        0     3776
MCDONALDS CORP                 COM              580135101     2234    54317 SH       SOLE                    12631        0    41686
MCGRAW HILL INC                COM              580645109      368     6817 SH       SOLE                     4817        0     2000
MEAD CORP                      COM              582834107      334     8000 SH       SOLE                        0        0     8000
MEDTRONIC INC                  COM              585055106   348389  4473700 SH       SOLE                  2609676        0  1864024
MERCK & CO INC                 COM              589331107   581293  7895328 SH       SOLE                  4496856        0  3398472
MERRILL LYNCH SENIOR FLOATING  MUTUAL FUNDS     59019R105      156    15904 SH       SOLE                    15904        0        0
MICROSOFT CORP                 COM              594918104   388122  4303505 SH       SOLE                  2497490        0  1806015
COUNTRYWIDE TAX FREE OHIO INSD MUTUAL FUNDS     597905306      133    11084 SH       SOLE                        0        0    11084
MINNESOTA MNG & MFG CO         COM              604059105     3175    36515 SH       SOLE                    11666        0    24849
MOBIL CORP                     COM              607059102     3420    34632 SH       SOLE                    14502        0    20130
MORGAN J.P. & CO INC           COM              616880100    10657    75852 SH       SOLE                    17575        0    58277
MOTOROLA INC                   COM              620076109      506     5345 SH       SOLE                       15        0     5330
NORFOLK SOUTHERN CORP          COM              655844108      904    30000 SH       SOLE                    30000        0        0
NOVELL INC                     COM              670006105      212     8000 SH       SOLE                        0        0     8000
PNC FINANCIAL CORP             COM              693475105      749    13000 SH       SOLE                     5000        0     8000
PPG INDS INC                   COM              693506107      927    15691 SH       SOLE                     6525        0     9166
PEPSICO INC                    COM              713448108   281657  7280314 SH       SOLE                  4187703        0  3092612
PFIZER INC                     COM              717081103   605086 16653742 SH       SOLE                  9567741        0  7086000
PHILIP MORRIS COS INC          COM              718154107     1324    32943 SH       SOLE                    16013        0    16930
PROCTER & GAMBLE CO            COM              742718109   617029  6913487 SH       SOLE                  3915590        0  2997897
QUAKER OATS CO                 COM              747402105     2028    30550 SH       SOLE                    16950        0    13600
ROYAL DUTCH PETRO-NY SHARES    COM              780257804     3972    65933 SH       SOLE                     4642        0    61291
SBC COMMUNICATIONS, INC        COM              78387G103      595    10254 SH       SOLE                     5990        0     4264
SARA LEE CORP                  COM              803111103     1085    47810 SH       SOLE                     1330        0    46480
SCHERING PLOUGH CORP           COM              806605101   461917  8798425 SH       SOLE                  4987624        0  3810801
SCHLUMBERGER LTD               COM              806857108      338     5310 SH       SOLE                      390        0     4920
SMITHKLINE BEECHAM PLC ADR RPS COM              832378301      548     8300 SH       SOLE                     8300        0        0
SOVEREIGN BANCORP INC          COM              845905108      993    81934 SH       SOLE                    78793        0     3141
SPRINT CORP                    COM              852061100     3254    61390 SH       SOLE                     8650        0    52740
SPRINT CORP PCS COM SER 1      COM              852061506      889    15602 SH       SOLE                     2297        0    13305
STATE STR CORP                 COM              857477103   413452  4842780 SH       SOLE                  2838133        0  2004647
STRYKER CORP                   COM              863667101      361     6000 SH       SOLE                        0        0     6000
STUART ENTMT INC COM           COM              863689105        2    10000 SH       SOLE                        0        0    10000
UNILEVER N V WI                COM              904784709     2939    42139 SH       SOLE                     9982        0    32157
UNION PAC CORP                 COM              907818108      766    13135 SH       SOLE                     3000        0    10135
U S WEST INC NEW COM           COM              91273H101      302     5134 SH       SOLE                        0        0     5134
UNITED TECHNOLOGIES CORP       COM              913017109      349     4850 SH       SOLE                     4675        0      175
VAN KAMP MER PRIME RATE INCMSH MUTUAL FUNDS     920914108      120    12132 SH       SOLE                    12132        0        0
WACHOVIA CORP NEW              COM              929771103      359     4195 SH       SOLE                     1100        0     3095
WAL MART STORES INC            COM              931142103   291104  6033253 SH       SOLE                  3292023        0  2741230
WALGREEN COMPANY               COM              931422109   290300  9882560 SH       SOLE                  5668063        0  4214497
WARNER LAMBERT CO              COM              934488107   250280  3620686 SH       SOLE                  2126400        0  1494285
WELLS FARGO NEW                COM              949746101   512654 11991905 SH       SOLE                  6865986        0  5125918
WILLIAMS COS INC COM           COM              969457100      796    18710 SH       SOLE                     7260        0    11450
WRIGLEY WM JR CO               COM              982526105     3226    36167 SH       SOLE                    20000        0    16167
XEROX CORP                     COM              984121103      733    12405 SH       SOLE                    11850        0      555
</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission