RITTENHOUSE FINANCIAL SERVICES INC
13F-HR, 1999-07-13
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          UNITED STATES
        SECURITIES AND EXHANGE COMMISSION
          Washington, D.C.  20549

                 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:       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    May 15, 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: 03/31/99
                         RUN DATE: 05/14/99  6:11 P.M.


REPORT SUMMARY:

NUMBER OF OTHER INCLUDED MANAGERS:        0

FORM 13F INFORMATION TABLE ENTRY TOTAL:   121

FORM 13F INFORMATION TABLE VALUE TOTAL:   $12,592,796,000
<PAGE>
<TABLE>                        <C>                                   <C>

                                                     FORM 13F INFORMATION TABLE
                                                        AS OF DATE: 03/31/99

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

WOOLWORTH CORP CALL AUGUST @ $ OPTION - CALL    0               10      234 SH  CALL SOLE                      188        0       46
AT & T CORP.                   COM              001957109     1737    32649 SH       SOLE                    21675        0    10974
ABBOTT LABS                    COM              002824100   425326  9085729 SH       SOLE                  5283228        0  3802501
AIR PRODS & CHEMS INC          COM              009158106      605    17666 SH       SOLE                    12576        0     5090
ALBERTSONS INC                 COM              013104104      630    11570 SH       SOLE                     8300        0     3270
ALLTEL CORP                    COM              020039103      285     4563 SH       SOLE                      200        0     4363
AMERICAN EXPRESS CO            COM              025816109      232     1971 SH       SOLE                        0        0     1971
AMERICAN HOME PRODS CORP       COM              026609107    12057   184778 SH       SOLE                    52888        0   131890
AMERICAN INTL GROUP INC        COM              026874107   727828  6033811 SH       SOLE                  3438996        0  2594815
AMERITECH CORP NEW             COM              030954101      868    15055 SH       SOLE                      100        0    14955
ANHEUSER BUSCH COS INC         COM              035229103     1021    13410 SH       SOLE                     9000        0     4410
ATLANTIC RICHFIELD COMPANY     COM              048825103      395     5400 SH       SOLE                     1000        0     4400
AUTOMATIC DATA PROCESSING      COM              053015103   621210 15014141 SH       SOLE                  8656585        0  6357556
BNY HAMILTON FDS INC INTR TX-E MUTUAL FUNDS     05561M820      593    58704 SH       SOLE                        0        0    58704
BNY HAMILTON FDS INC INTL EQ I MUTUAL FUNDS     05561M846      251    19439 SH       SOLE                        0        0    19439
BNY HAMILTON FDS INC SM CAP GR MUTUAL FUNDS     05561M861      245    19283 SH       SOLE                        0        0    19283
BP AMOCO ADS                   COM              055622104     2175    21536 SH       SOLE                    12074        0     9462
BANK NEW YORK INC              COM              064057102      421    11725 SH       SOLE                     3725        0     8000
BANKAMERICA CORP NEW           COM              06605F102     2130    30161 SH       SOLE                    21092        0     9069
BELL ATLANTIC CORP             COM              077853109     4888    94567 SH       SOLE                    20291        0    74276
BELLSOUTH CORP                 COM              079860102     1681    41951 SH       SOLE                     4000        0    37951
BERKSHIRE HATHAWAY INC DEL CL  COM              084670207     2567     1092 SH       SOLE                      223        0      868
BESTFOODS                      COM              08658U101     2898    61666 SH       SOLE                    16621        0    45045
BOEING CO                      COM              097023105      973    28607 SH       SOLE                    23000        0     5607
BRISTOL MYERS SQUIBB CO        COM              110122108     4019    62672 SH       SOLE                    29290        0    33382
CBS CORP COM                   COM              12490K107      294     7200 SH       SOLE                        0        0     7200
CIGNA CORP                     COM              125509109      846    10090 SH       SOLE                     3350        0     6740
CAMPBELL SOUP CO               COM              134429109      285     7012 SH       SOLE                      885        0     6127
CHASE MANHATTAN CORP NEW COM   COM              16161A108      239     2935 SH       SOLE                       35        0     2900
CHEVRON CORP                   COM              166751107     1545    17410 SH       SOLE                     9750        0     7660
CINCINNATI BELL INC            COM              171870108      247    11000 SH       SOLE                        0        0    11000
CISCO SYS INC                  COM              17275R102      434     3965 SH       SOLE                     1215        0     2750
CINTAS CORP                    COM              172908105      458     7000 SH       SOLE                        0        0     7000
CITIGROUP INC.                 COM              172967101     1801    28201 SH       SOLE                    24900        0     3301
CITIZENS UTILS CO DEL COM SER  COM              177342201       79    10153 SH       SOLE                        1        0    10152
CLOROX CO                      COM              189054109      387     3300 SH       SOLE                        0        0     3300
COCA COLA CO                   COM              191216100   497526  8106337 SH       SOLE                  4641580        0  3464758
COLGATE PALMOLIVE CO           COM              194162103   565269  6144225 SH       SOLE                  3590809        0  2553416
CONAGRA INC.                   COM              205887102      605    23600 SH       SOLE                    20000        0     3600
CONVERGYS CORP COM             COM              212485106      188    11000 SH       SOLE                        0        0    11000
DAYTON HUDSON CORP             COM              239753106     1065    15985 SH       SOLE                    15950        0       35
DISNEY WALT PRODUCTIONS        COM              254687106   355656 11426710 SH       SOLE                  6630179        0  4796532
DU PONT E I DE NEMOURS CO      COM              263534109    29022   499837 SH       SOLE                   392700        0   107137
EASTMAN KODAK CO               COM              277461109      466     7300 SH       SOLE                     6900        0      400
EMERSON ELEC CO                COM              291011104   253090  4780917 SH       SOLE                  2767120        0  2013798
EXXON CORP                     COM              302290101     7229   102454 SH       SOLE                    40551        0    61903
FPL GROUP INC                  COM              302571104      519     9750 SH       SOLE                     8750        0     1000
FREDDIE MAC                    COM              313400301   406546  7093488 SH       SOLE                  4131076        0  2962412
FANNIE MAE                     COM              313586109   474817  6856568 SH       SOLE                  3928676        0  2927893
FIFTH 3RD BANCORP              COM              316773100     1557    23608 SH       SOLE                        0        0    23608
FIRST DATA CORP                COM              319963104      263     6146 SH       SOLE                     3981        0     2165
FIRST UNION CORP               COM              337358105    10274   192261 SH       SOLE                    22038        0   170223
FIRSTAR CORP NEW WIS COM       COM              33763V109     4533   151947 SH       SOLE                     9000        0   142947
GTE CORP                       COM              362320103     1528    25252 SH       SOLE                    12102        0    13150
GENERAL ELEC CO                COM              369604103   692424  6259196 SH       SOLE                  3524635        0  2734561
GILLETTE CO                    COM              375766102   302151  5083510 SH       SOLE                  2928641        0  2154869
HEINZ, H J COMPANY             COM              423074103      370     7810 SH       SOLE                     3130        0     4680
HERSHEY FOODS CORP             COM              427866108      415     7400 SH       SOLE                      100        0     7300
HEWLETT PACKARD CO             COM              428236103   247188  3645176 SH       SOLE                  2075808        0  1569367
HOME DEPOT INC                 COM              437076102   599738  9634341 SH       SOLE                  5568838        0  4065503
HONEYWELL INC                  COM              438506107     1001    13210 SH       SOLE                     1975        0    11235
INTEL CORP                     COM              458140100   408084  6865772 SH       SOLE                  4041296        0  2824476
INTERNATIONAL BUSINESS MACHINE COM              459200101     1393     7861 SH       SOLE                     6595        0     1266
JOHNSON & JOHNSON              COM              478160104   679349  7265764 SH       SOLE                  4145707        0  3120056
KELLOGG CO                     COM              487836108      406    12000 SH       SOLE                        0        0    12000
KEYSTONE FINL INC              COM              493482103     1496    46378 SH       SOLE                     8776        0    37602
KIMBERLY CLARK CORP            COM              494368103     1322    27570 SH       SOLE                     1000        0    26570
LAFAYETTE INDS INC COM         COM              506377100        0    10000 SH       SOLE                        0        0    10000
LILLY ELI & CO                 COM              532457108     1537    18109 SH       SOLE                    12900        0     5209
LUCENT TECHNOLOGIES INC COM    COM              549463107   377750  6995368 SH       SOLE                  4074378        0  2920990
MBNA CORP                      COM              55262L100      214     8943 SH       SOLE                        1        0     8943
MAIN STR BANCORP INC COM       COM              559906102      280    17553 SH       SOLE                        0        0    17553
MARSH MCLENNAN                 COM              571748102      223     3000 SH       SOLE                        0        0     3000
MAY DEPT STORES CO             COM              577778103      513    13100 SH       SOLE                     9300        0     3800
MCDONALDS CORP                 COM              580135101     3092    68236 SH       SOLE                    19290        0    48946
MCGRAW HILL INC                COM              580645109      371     6800 SH       SOLE                     4800        0     2000
MEAD CORP                      COM              582834107      246     8000 SH       SOLE                        0        0     8000
MEDTRONIC INC                  COM              585055106   300486  4180677 SH       SOLE                  2442701        0  1737976
MERCK & CO INC                 COM              589331107   596192  7440768 SH       SOLE                  4227800        0  3212969
MERRILL LYNCH SENIOR FLOATING  MUTUAL FUNDS     59019R105      115    11744 SH       SOLE                    11739        0        5
MICROSOFT CORP                 COM              594918104   224270  2502314 SH       SOLE                  1479457        0  1022857
COUNTRYWIDE TAX FREE OHIO INSD MUTUAL FUNDS     597905306      134    11084 SH       SOLE                        0        0    11084
MINNESOTA MNG & MFG CO         COM              604059105     2634    37231 SH       SOLE                    12216        0    25014
MOBIL CORP                     COM              607059102     6677    75873 SH       SOLE                    55448        0    20425
MORGAN J.P. & CO INC           COM              616880100    12276    99502 SH       SOLE                    17875        0    81627
MOTOROLA INC                   COM              620076109      381     5200 SH       SOLE                        0        0     5200
NORFOLK SOUTHERN CORP          COM              655844108      844    32000 SH       SOLE                    32000        0        0
NOVELL INC                     COM              670006105      202     8000 SH       SOLE                        0        0     8000
PNC FINANCIAL CORP             COM              693475105      722    13000 SH       SOLE                     5000        0     8000
PPG INDS INC                   COM              693506107      804    15691 SH       SOLE                     6525        0     9166
PEPSICO INC                    COM              713448108   451165 11512975 SH       SOLE                  6663446        0  4849529
PHARMACIA & UPJOHN, Inc. COM   COM              716941109      217     3480 SH       SOLE                        0        0     3480
PFIZER INC                     COM              717081103   721253  5198223 SH       SOLE                  2988194        0  2210029
PHILIP MORRIS COS INC          COM              718154107     1199    34085 SH       SOLE                    15790        0    18295
PROCTER & GAMBLE CO            COM              742718109   638845  6522988 SH       SOLE                  3676737        0  2846251
QUAKER OATS CO                 COM              747402105     1902    30550 SH       SOLE                    16950        0    13600
ROYAL DUTCH PETRO-NY SHARES    COM              780257804     4251    81753 SH       SOLE                    10224        0    71529
SBC COMMUNICATIONS, INC        COM              78387G103      511    10833 SH       SOLE                     6395        0     4438
SARA LEE CORP                  COM              803111103     1327    53610 SH       SOLE                     1330        0    52280
SCHERING PLOUGH CORP           COM              806605101   460092  8327453 SH       SOLE                  4710819        0  3616634
SCHLUMBERGER LTD               COM              806857108      398     6606 SH       SOLE                      876        0     5730
SMITHKLINE BEECHAM PLC ADR RPS COM              832378301      593     8300 SH       SOLE                     8300        0        0
SOVEREIGN BANCORP INC          COM              845905108    14255  1163671 SH       SOLE                  1160530        0     3141
SPRINT CORP                    COM              852061100     3035    30935 SH       SOLE                     4325        0    26610
SPRINT CORP PCS COM SER 1      COM              852061506      699    15769 SH       SOLE                     2447        0    13322
STATE STR CORP                 COM              857477103   367878  4472687 SH       SOLE                  2635509        0  1837177
STRYKER CORP                   COM              863667101      303     6000 SH       SOLE                        0        0     6000
STUART ENTMT INC COM           COM              863689105        4    10000 SH       SOLE                        0        0    10000
THISTLE GROUP HLDGS CO COM     COM              88431E103      236    27758 SH       SOLE                        0        0    27758
UNILEVER N V                   COM              904784501     4678    70416 SH       SOLE                    11340        0    59076
UNION PAC CORP                 COM              907818108      701    13114 SH       SOLE                     3022        0    10092
U S WEST INC NEW COM           COM              91273H101      296     5374 SH       SOLE                      110        0     5264
UNITED TECHNOLOGIES CORP       COM              913017109      271     2000 SH       SOLE                     2000        0        0
WACHOVIA CORP NEW              COM              929771103      347     4270 SH       SOLE                     1100        0     3170
WAL MART STORES INC            COM              931142103   257972  5596671 SH       SOLE                  3041940        0  2554731
WALGREEN COMPANY               COM              931422109   258631  9155095 SH       SOLE                  5236833        0  3918262
WARNER LAMBERT CO              COM              934488107   219539  3313793 SH       SOLE                  1950815        0  1362978
WELLS FARGO NEW                COM              949746101   280121  7989186 SH       SOLE                  4656473        0  3332713
WILLIAMS COS INC COM           COM              969457100      737    18650 SH       SOLE                     7200        0    11450
WRIGLEY WM JR CO               COM              982526105     3533    39067 SH       SOLE                    20000        0    19067
XEROX CORP                     COM              984121103      694    13305 SH       SOLE                    11800        0     1505
</TABLE>


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