UNITED STATES
SECURITIES AND EXCHANGE 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: Zions First National Bank
Address: P.O. Box 30880
Salt Lake City, UT 84130
13F File Number: 28-2591
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 Behalf of Reporting Manager:
Name: Annette Langheinrich
Title: V.P, Controller
Phone: 801-594-8047
Signature, Place, and Date of Signing:
/s/Annette Langheinrich Salt Lake City, Utah July 28, 1999
- ----------------------- -------------------- -------------
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
NONE
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 235
Form 13F Information Table Value Total: $695,065,719
List of Other Included Managers:
Form 13F File Number Name
NONE
<PAGE>
Form 13F Information Table
<TABLE>
<CAPTION>
Investment Direction Voting Authority
Name Of Issuer Type Cusip Market Value Shares/PV Sole Shared Other Sole Shared Other
- ------------------------- --- --------- ------------ --------- ------ ------ --------- ------- ------ ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AT&T CORP. Com 001957109 5,102,769 91,427 52,499 12,024 26,905 63,662 5,412 22,354
ABBOTT LABORATORIES Com 002824100 3,109,095 68,520 37,620 28,000 2,900 43,020 26,300 700
ADVANCE GAMING TECHNOLOGY Com 00753F204 1,365 97,500 0 0 97,500 97,500 0 0
AETNA INC. Com 008117103 456,131 5,100 5,100 0 0 5,100 0 0
AIRTOUCH COMMUNICATIONS, Com 00949T100 2,153,233 20,001 11,927 874 7,200 13,876 589 5,536
ALBERTSON'S, INC. Com 013104104 6,036,613 117,074 36,116 2,700 78,257 39,616 2,700 74,757
ALCOA INC Com 013817101 372,488 6,020 2,920 1,100 2,000 4,020 1,100 900
ALL-AMERICAN SPORTPARK IN Com 01643P105 43,750 25,000 0 0 25,000 25,000 0 0
ALLEGHENY ENERGY, INC. Com 017361106 346,756 10,815 10,255 235 325 10,490 1,430 325
ALLIEDSIGNAL INC. Com 019512102 377,244 5,988 1,700 288 4,000 1,988 0 4,000
ALLSTATE CORP Com 020002101 2,585,188 72,061 6,017 65,734 310 70,367 7,872 310
AMEREN CORP. Com 023608102 202,083 5,266 316 4,300 650 4,616 4,300 650
AMERICA ON-LINE Com 02364J104 1,017,500 9,250 6,890 0 2,360 7,090 0 2,160
AMERICAN AIRCARRIERS SUPP Com 023758105 86,250 10,000 10,000 0 0 10,000 0 0
AMERICAN EXPRESS CO. Com 025816109 1,943,807 14,938 4,763 5,845 4,330 10,063 5,845 505
AMERICAN HOME PRODUCTS CO Com 026609107 3,330,906 58,055 40,211 0 17,844 43,111 0 14,944
AMERICAN INTERNATIONAL GR Com 026874107 1,770,475 15,100 7,443 6,050 1,607 9,243 4,084 1,773
AMERICAN RESOURCES & DEVE Com 028912103 3,175 12,700 0 0 12,700 0 0 12,700
AMERIRESOURCE TECHNOLOGIE Com 03072A104 600 15,000 0 0 15,000 15,000 0 0
AMERITECH CORP. Com 030954101 2,170,014 29,524 11,322 5,046 13,156 17,188 1,772 10,564
AMGEN INC Com 03116210 247,457 4,065 3,765 300 0 4,065 0 0
ANHEUSER BUSCH COS INC Com 035229103 639,785 9,019 0 8,689 330 8,689 8,689 330
APRIA HEALTHCARE GROUP IN Com 037933108 323,000 19,000 19,000 0 0 19,000 0 0
APPLIED MATERIALS, INC. Com 038222105 967,615 13,098 10,698 1,800 600 13,098 1,800 0
ASH GROVE CEMENT CO Com 043693100 3,391,589 35,146 35,146 0 0 35,146 0 0
ASSOCIATES FIRST CAPITAL Com 046008108 247,983 5,620 3,242 1,962 416 3,916 1,320 384
ATLANTIC RICHFIELD CO. Com 048825103 1,905,643 22,805 6,540 2,500 13,765 9,040 3,100 10,665
AUTOMOBILE PROTN CORP APC Com 052905106 128,125 10,000 0 0 10,000 0 0 10,000
AUTONATION INC Com 05329W102 3,252,527 182,598 0 0 182,598 182,598 0 0
BEC ENERGY COM STK Com 05538M101 305,250 7,400 0 7,400 0 7,400 7,400 0
BP AMOCO PLC Com 055622104 13,969,809 128,754 48,084 68,661 12,009 52,336 69,243 7,175
BANK OF AMERICA CORP Com 060505104 1,764,339 24,066 16,161 450 7,455 19,374 450 4,242
BANK ONE CORP Com 06423A103 1,717,783 28,840 14,587 5,984 8,269 18,450 5,265 5,125
BAXTER INTERNATIONAL Com 071813109 728,167 12,011 8,795 748 2,468 9,543 0 2,468
BELL ATLANTIC CORP Com 077853109 2,637,489 40,344 26,199 5,418 8,727 31,581 2,076 6,687
BELLSOUTH CORP. Com 079860102 3,166,481 68,650 49,899 5,666 13,085 56,201 2,652 9,797
BINGO.COM INC Com 09051N108 74,000 18,500 0 0 18,500 18,500 0 0
BIOCONTROL TECHNOLOGY INC Com 090586108 720 10,000 0 0 10,000 10,000 0 0
BIORELEASE CORP Com 090652108 2,100 15,000 0 0 15,000 15,000 0 0
BOEING CO. Com 097023105 959,464 21,806 17,164 1,828 2,814 18,639 7,653 1,514
BOYD GAMING CORPORATION Com 103304101 1,035,853 147,979 0 0 147,979 147,979 0 0
BRISTOL-MYERS SQUIBB CO. Com 110122108 8,220,690 116,709 68,531 17,268 30,910 87,137 12,434 17,138
BURLINTON NO SANTA FE CP Com 12189T104 269,700 8,700 3,900 1,500 3,300 5,400 0 3,300
BUSINESS BANK CORP Com 12324E103 265,552 18,968 0 0 18,968 0 0 18,968
CBS CORP COMMON Com 12490K107 200,388 4,600 0 3,600 1,000 3,600 3,600 0
CAROLINA POWER & LIGHT CO Com 144141108 301,400 7,040 0 0 7,040 7,040 0 0
CHASE MANHATTAN CORP. Com 16161A108 1,364,105 15,770 3,310 3,400 9,060 7,010 3,400 5,360
</TABLE>
<PAGE>
Form 13F Information Table - Continued [Page 2]
<TABLE>
<CAPTION>
Investment Direction Voting Authority
Name Of Issuer Type Cusip Market Value Shares/PV Sole Shared Other Sole Shared Other
- ------------------------- --- --------- ------------ --------- ------ ------ --------- ------- ------ ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CHEVRON CORP. Com 166751107 4,923,667 51,794 32,660 5,532 13,602 35,560 5,532 10,702
CISCO SYSTEMS, INC. Com 17275R102 4,024,573 62,457 39,621 13,196 9,640 44,317 11,924 6,216
CITIGROUP INC COM Com 172967101 4,676,043 98,443 48,341 6,352 43,750 54,693 5,003 38,747
CLOROX COMPANY Com 189054109 454,594 4,256 0 756 3,500 756 0 3,500
COCA-COLA CO. Com 191216100 3,099,566 49,993 19,864 12,159 17,970 27,046 11,579 11,368
COLGATE-PALMOLIVE CO Com 194162103 717,474 7,284 4,620 664 2,000 7,284 0 0
COMBINED METALS Com 200201101 142 14,250 14,250 0 0 14,250 0 0
COMPAQ COMPUTER CORP. Com 204493100 811,581 34,262 25,891 4,971 3,400 31,961 3,501 1,300
COMPUTER ASSOCIATES Com 204912109 240,079 4,385 1,010 0 3,375 1,010 0 3,375
CONSECO CO INC Com 20846410 319,594 10,500 0 0 10,500 500 0 10,000
CONSOLIDATED NATURAL GAS Com 209615103 201,265 3,313 708 754 1,851 1,008 454 1,851
CONSOLIDATED STORES CORP Com 210149100 219,915 8,145 0 0 8,145 400 0 7,745
COPART INC COM STK Com 217204106 297,500 14,000 0 0 14,000 0 0 14,000
COPYTELE INC Com 217721109 58,438 34,000 0 34,000 0 34,000 0 0
CORNING INC Com 219350105 393,822 5,616 0 0 5,616 0 0 5,616
DQE INC Com 23329J104 270,122 6,732 0 5,250 1,482 5,250 5,250 1,482
DAW TECHNOLOGIES Com 239220106 34,684 25,225 0 0 25,225 0 0 25,225
DAYTON HUDSON CORP. Com 239753106 287,300 4,420 4,420 0 0 4,420 0 0
DELL COMPUTER CORP Com 247025109 920,930 24,890 12,430 2,620 9,840 13,950 1,100 9,840
DESWELL INDS INC COM Com 250639101 105,875 11,000 0 0 11,000 0 0 11,000
DIMON INC COM Com 254394109 62,250 12,000 0 0 12,000 0 0 12,000
DISNEY (WALT) CO. Com 254687106 890,389 28,897 24,467 2,010 2,420 23,477 1,725 3,695
DONALD, LUFKIN & JENRETTE Com 257661108 590,450 9,800 0 9,800 0 9,800 9,800 0
DOVER CORPORATION Com 260003108 1,211,700 34,620 14,550 10,400 9,670 24,950 14,400 9,670
DOW CHEMICAL CO. Com 260543103 1,345,256 10,603 7,703 300 2,600 7,703 300 2,600
DU PONT (E I) DE NEMOURS Com 263534109 4,840,351 70,856 18,595 24,045 28,216 38,566 22,074 10,216
DUKE ENERGY CORP. Com 26439910 209,094 3,841 2,361 600 880 2,661 0 1,180
EI ENVIROMENTAL CONCEPTS Com 26852L107 7,621 65,700 65,700 0 0 65,700 0 0
EMC CORP MASS Com 268648102 274,450 4,990 4,160 230 600 4,160 230 600
EASTMAN KODAK Com 277461109 283,466 4,184 2,625 1,447 112 2,718 2,129 337
EDISON INTERNATIONAL Com 281020107 476,498 17,813 4,290 800 12,723 6,290 0 11,523
EMERSON ELECTRIC CO. Com 291011104 1,913,300 30,400 21,355 5,420 3,625 25,955 720 3,725
ENRON CORP Com 293561106 428,370 5,240 4,900 0 340 4,900 0 340
ENTERGY CORP. Com 29364G103 224,188 7,174 150 7,024 0 7,174 7,024 0
EXXON CORP. Com 302290101 18,377,576 238,283 120,021 27,797 90,465 134,278 18,070 85,935
FPL GROUP, INC. Com 302571104 856,192 15,674 12,254 835 2,585 13,489 1,200 985
FANNIE MAE Com 313586109 1,527,026 22,374 17,319 3,175 1,880 19,144 3,175 55
FIFTH THIRD BANCORP Com 316773100 233,302 3,505 2,470 1,035 0 2,470 1,035 0
FINET.COM INC Com 317922300 80,100 14,400 0 0 14,400 0 0 14,400
BRODY INTERNATIONAL, INC Com 333331OX1 10,000 33,333 0 0 33,333 0 0 33,333
FIRST SECURITY CORP. Com 336294103 6,466,670 237,309 106,857 2,500 127,952 114,057 0 123,252
FIRST UNION CORP Com 337358105 369,790 7,847 1,524 5,323 1,000 7,847 4,903 0
FORD MOTOR Com 345370100 867,896 15,378 8,283 5,284 1,811 9,865 3,764 1,749
FORTUNE BRANDS, INC. Com 349631101 287,556 6,950 2,550 0 4,400 2,550 0 4,400
GPU INC Com 36225X100 319,613 7,576 0 7,576 0 7,576 7,570 0
GTE CORP. Com 362320103 2,203,619 29,187 19,420 1,470 8,297 19,184 1,800 8,203
GATEWAY ENERGY CORPORATIO Com 367600301 4,618 18,471 0 0 18,471 0 0 18,471
</TABLE>
<PAGE>
Form 13F Information Table - Continued [Page 3]
<TABLE>
<CAPTION>
Investment Direction Voting Authority
Name Of Issuer Type Cusip Market Value Shares/PV Sole Shared Other Sole Shared Other
- ------------------------- --- --------- ------------ --------- ------ ------ --------- ------- ------ ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
GATEWAYS TO SPACE INC Com 367847100 32,000 200,000 200,000 0 0 200,000 0 0
GENERAL ELECTRIC CO. Com 369604103 79,170,512 700,624 453,749 38,091 208,784 473,532 40,174 186,918
GENERAL MILLS Com 370334104 256,236 3,188 2,788 0 400 3,188 0 0
GENERAL MOTORS Com 370442105 674,322 10,217 6,834 1,730 1,653 7,439 530 2,248
GENEVA STEEL CO. - CL A Com 372252106 13,825 55,300 0 0 55,300 0 0 55,300
GILLETTE CO. Com 375766102 578,715 14,115 10,215 1,500 2,400 13,115 1,300 700
GOLF VENTURES 144 Com 3816821X0 19,800 10,000 0 0 10,000 0 0 10,000
HEINZ (H J) CO. Com 423074103 1,533,825 30,600 1,850 1,800 26,950 5,600 1,500 23,500
HERCULES INC Com 427056106 235,875 6,000 0 0 6,000 0 0 6,000
HERSHEY FOODS Com 427866108 362,188 6,100 1,000 5,100 0 6,100 5,100 0
HEWLETT PACKARD CO. Com 428236103 2,457,828 24,456 20,841 925 2,690 22,166 725 1,565
HI PLAINS CORP. Com 429701105 104,844 55,000 0 0 55,000 55,000 0 0
HOME DEPOT, INC. Com 437076102 2,142,611 33,251 25,721 5,660 1,870 26,981 5,500 770
HOUGHTON INTERNATIONAL IN Com 441510OX1 428,424 20,037 20,037 0 0 20,037 0 0
HOUSEHOLD INTL INC Com 441815107 255,825 5,400 5,400 0 0 5,400 0 0
HYPERION 2002 TERM TR INC Com 448915108 251,250 30,000 0 0 30,000 0 0 30,000
IDAHO POWER CO. Com 451107106 338,751 10,754 1,654 400 8,700 1,654 0 9,100
ILLINOIS TOOL WORKS Com 452308109 3,247,110 39,720 22,970 16,750 0 23,970 16,750 0
INDUSTRIAL SUPPLY Com 456001XO9 5,528,810 2,562 1,803 759 0 284 2,278 0
INGERSOLL-RAND Com 456866102 303,479 4,696 0 4,696 0 3,766 4,696 0
INNOVEX INC Com 457647105 1,008,000 72,000 0 0 72,000 0 0 72,000
INTEL CORP. Com 458140100 3,314,567 55,707 34,399 8,645 12,663 39,697 7,675 8,335
INTERNATIONAL ABSORBENTS Com 45885E104 13,640 44,000 0 44,000 0 44,000 0 0
INTERNATIONAL BUSINESS MA Com 459200101 5,057,294 39,128 24,104 4,964 10,060 26,756 2,900 9,472
INTERNATIONAL GAME TECHNO Com 459902102 268,250 14,500 0 0 14,500 14,500 0 0
INTERNATIONAL WAYSIDE GOL Com 46056H108 1,300 10,000 0 0 10,000 0 0 10,000
ITI Com 465710XO4 1 10,000 0 0 10,000 0 0 10,000
JOHNSON & JOHNSON Com 478160104 7,659,190 78,155 39,087 33,092 5,976 70,719 29,627 2,616
KELLOGG CO. Com 487836108 277,200 8,400 400 0 8,000 400 0 8,000
KEYCORP(NEW) Com 493267108 228,666 7,118 2,426 0 4,692 6,118 0 1,000
KIMBERLY CLARK CORP Com 494368103 922,944 16,192 15,942 250 0 16,192 0 0
KROGER C0MPANY Com 501044101 2,091,250 151,746 151,010 0 736 151,010 0 736
LSB INDUSTRIES INC Com 502160104 25,500 17,000 0 0 17,000 17,000 0 0
LEVEL 8 SYSTEMS INC Com 52729M10 152,750 13,000 13,000 0 0 13,000 0 0
LEXICO RESOURCES INTERNAT Com 528869100 53,625,000 16,500,000 0 016,500,000 16,500,000 0 0
LILLY (ELI) & CO. Com 532457108 1,020,656 14,250 3,200 10,600 450 13,900 10,000 350
LUCENT TECHNOLOGIES, INC. Com 549463107 7,096,178 105,226 61,976 24,578 18,672 84,574 17,210 3,442
MCI WORLDCOM INC Com 55268B106 1,007,706 11,709 6,944 2,755 2,010 9,374 2,155 180
MAGELLAN TECHNOLOGY INC C Com 559092408 6,600 11,000 0 0 11,000 0 0 11,000
MARRIOTT INTERNATIONAL, I Com 571903202 317,239 8,488 2,488 0 6,000 2,488 0 6,000
MASTER SYSTEMS COMPUTER C Com 576357107 21 21,000 0 0 21,000 0 0 21,000
MAYTAG CORP Com 578592107 279,250 4,000 0 0 4,000 0 0 4,000
MC DONALDS Com 580135101 1,194,846 29,054 22,764 2,200 4,090 27,364 1,800 1,690
MEDIAONE GROUP INC Com 58440J104 1,820,403 24,476 16,529 3,102 4,845 19,043 1,042 4,391
MEDTRONIC, INC. Com 585055106 680,472 8,738 5,230 3,308 200 5,230 3,308 200
MERCK & CO. Com 589331107 5,817,185 79,011 67,056 6,264 5,691 75,124 6,610 2,491
MERIT MEDICAL SYSTEMS INC Com 589889104 1,385,083 277,885 0 0 277,885 0 0 277,885
</TABLE>
<PAGE>
Form 13F Information Table - Continued [Page 4]
<TABLE>
<CAPTION>
Investment Direction Voting Authority
Name Of Issuer Type Cusip Market Value Shares/PV Sole Shared Other Sole Shared Other
- ------------------------- --- --------- ------------ --------- ------ ------ --------- ------- ------ ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
MERRILL LYNCH Com 590188108 767,493 9,654 9,079 375 200 9,454 0 200
METRO AIRLINES INC NEW Com 591905203 0 93,506 0 0 93,506 93,506 0 0
MICROSOFT CORP Com 594918104 4,284,628 47,508 35,080 4,018 8,410 39,520 2,078 5,910
MIDVIEW PROPERTIES L.C. Com 598121XO4 0 699,951 699,951 0 0 699,951 0 0
MINNESOTA MINING & MANUFA Com 604059105 1,504,367 17,304 8,695 2,539 6,070 10,345 2,089 4,870
MIRAGE RESORTS INCORPORAT Com 60462E104 525,113 31,350 1,350 0 30,000 31,350 0 0
MOBIL CORP. Com 607059102 2,884,191 29,207 19,840 2,395 6,972 20,450 2,385 6,372
MONITREND INVESTMENT MGMT Com 609445101 0 20,200 0 0 20,200 0 0 20,200
MONSANTO CO. Com 611662107 803,910 20,320 13,560 1,360 5,400 16,320 1,000 3,000
MONTANA POWER CO. Com 612085100 881,180 12,499 3,449 450 8,600 3,899 0 8,600
MORGAN (J P) & CO. Com 616880100 1,119,926 7,971 2,972 4,499 500 7,471 5,099 0
MORGAN STANLEY DEAN WITTE Com 617446448 4,088,683 39,841 6,350 31,051 2,440 36,813 4,495 440
MOTOROLA, INC. Com 620076109 1,073,612 11,331 8,166 2,180 985 10,766 2,455 185
NANTUCKET INDS INC Com 630183101 300 10,000 10,000 0 0 10,000 0 0
NATIONAL CITY CORP Com 635405103 280,995 4,290 4,115 0 175 4,115 0 175
NEVADA POWER CO. Com 641423108 678,146 27,126 1,267 11,000 14,859 12,626 11,000 3,500
NEW ENGLAND ELETRIC SYSTE Com 644001109 413,531 8,250 0 4,945 3,305 4,945 3,000 305
NICOR INC Com 654086107 228,375 6,000 0 0 6,000 0 0 6,000
NORFOLK SOUTHERN CORP. Com 655844108 396,746 13,170 11,670 300 1,200 11,670 2,400 1,200
NOVELL, INC. Com 670006105 230,232 8,688 300 0 8,388 300 0 8,388
OLD KENT FINANCIAL CORP Com 679833103 396,473 9,468 0 9,468 0 9,468 9,468 0
ORACLE CORP COM Com 68389X105 715,473 19,272 13,804 2,908 2,560 17,612 2,138 1,660
PNC FINCL CORP Com 693475105 561,440 9,743 5,743 0 4,000 5,743 0 4,000
PPG INDUSTRIES, INC. Com 693506107 567,473 9,608 1,000 5,200 3,408 6,200 5,200 3,408
PACIFICORP Com 695114108 1,273,829 69,324 28,816 2,804 37,704 29,482 2,638 37,204
PENNEY (J.C.) C0. Com 708160106 700,660 14,428 3,060 3,168 8,200 3,060 2,368 9,000
PEPSICO, INC. Com 713448108 2,196,135 56,766 50,870 809 5,087 55,157 609 1,000
PFIZER, INC. Com 717081103 2,513,104 23,056 19,616 2,850 590 20,316 2,650 90
PHILADELPHIA CONS Com 717528103 245,000 10,000 10,000 0 0 10,000 0 0
PHILIP MORRIS COMPANIES, Com 718154107 674,065 16,773 10,734 1,200 4,839 14,459 925 1,389
PINNACLE WEST CAPITAL Com 723484101 752,675 18,700 1,300 17,400 0 18,700 17,400 0
POTLATCH CORP Com 737628107 300,181 6,832 6,832 0 0 6,832 0 0
PRECISION PLASTICS INTERN Com 740300XO8 24,500 24,500 0 0 24,500 0 0 24,500
PRINTCO, INC. Com 742351XO2 163,200 12,000 12,000 0 0 12,000 0 0
PROCTER & GAMBLE CO. Com 742718109 9,763,236 109,392 27,190 77,382 4,820 107,047 1,025 1,320
QUESTAR CORP. Com 748356102 1,246,606 65,182 23,744 400 41,038 24,344 4,400 36,438
R & B FALCON CORP. Com 74912E101 95,813 10,220 0 0 10,220 0 0 10,220
RAYTHEON CO CL B COM Com 755111408 345,450 4,900 3,600 0 1,300 4,900 0 0
RECOM MANAGED SYSTEMS,INC Com 75623Q101 27,500 10,000 0 0 10,000 0 0 10,000
RELIANT ENERGY INC Com 75952J108 256,194 9,274 0 0 9,274 0 0 9,274
RITE AID CORP Com 767754104 1,909,496 77,543 76,258 0 1,285 77,043 0 500
ROYAL DUTCH PETROLEUM N.Y Com 780257804 606,838 10,072 6,880 1,032 2,160 9,992 0 80
SBC COMMUNICATIONS INC. Com 78387G103 5,832,944 100,568 78,901 9,811 11,856 86,862 4,264 9,442
SANSIDRA CORPORATION Com 801051103 0 32,000 0 0 32,000 0 0 32,000
SARA LEE CORP. Com 803111103 498,218 21,960 18,160 1,400 2,400 21,960 0 0
SCHERING-PLOUGH CORP. Com 806605101 1,196,475 22,790 14,850 940 7,000 16,190 400 6,200
SCHLUMBERGER LTD. Com 806857108 468,103 7,350 5,840 1,310 200 6,950 900 200
</TABLE>
<PAGE>
Form 13F Information Table - Continued [Page 5]
<TABLE>
<CAPTION>
Investment Direction Voting Authority
Name Of Issuer Type Cusip Market Value Shares/PV Sole Shared Other Sole Shared Other
- ------------------------- --- --------- ------------ --------- ------ ------ --------- ------- ------ ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
SCHWAB (CHARLES) CORP Com 808513105 337,900 3,100 2,350 0 750 2,350 0 750
SEAGATE TECHNOLOGY, INC. Com 811804103 204,846 7,994 7,594 0 400 7,594 0 400
SEARS ROEBUCK & CO. Com 812387108 1,668,999 37,453 4,375 32,911 167 36,539 4,247 167
SECURITY NATIONAL FINANCI Com 814785309 491,541 167,333 0 0 167,333 167,333 0 0
SIZZLER INTL INC COM Com 830139101 74,250 33,000 0 0 33,000 33,000 0 0
SKIN CARE INTL HLDGS INC Com 830667101 0 10,921 0 10,921 0 0 10,921 0
SOUTHDOWN INC Com 841297104 257,000 4,000 0 0 4,000 0 0 4,000
SPECTRUM COMMUNICATIONS C Com 847612108 4,800 48,000 20,000 0 28,000 48,000 0 0
SPRINT CORP FON SERIES 1 Com 852061100 762,034 14,378 9,798 580 4,000 9,978 400 4,000
STAPLES INC Com 855030102 222,750 7,200 6,750 450 0 6,750 450 0
STATION CASINOS INC Com 857689103 203,750 10,000 0 0 10,000 0 0 10,000
SUMMIT BANCORP COM Com 866005101 326,639 7,812 5,112 0 2,700 5,112 0 2,700
SUN MICRO SYSTEMS Com 866810104 1,121,492 16,283 13,283 2,600 400 15,883 2,600 400
SUPER VALU INC COM Com 868536103 1,167,480 45,120 45,120 0 0 45,120 0 0
O C TANNER JEWELRY CL A N Com 875001XO2 699,091 613,238 0 0 613,238 0 0 613,238
O C TANNER JEWELRY VOTING Com 875002XO0 143,640 126,000 0 0 126,000 0 0 126,000
O C TANNER JEWELERY CL B Com 875003XO8 5,899,119 5,174,666 0 0 5,174,666 0 0 5,174,666
TN VALLEY AUTHORITY PFD 6 Pfd 880591300 217,125 9,000 2,000 0 7,000 2,000 0 7,000
TEXACO INC. Com 881694103 1,690,862 27,108 8,283 1,400 17,425 10,283 1,000 15,825
TEXAS INSTRUMENTS Com 882508104 763,056 5,299 4,299 0 1,000 4,299 1,000 1,000
TIME WARNER Com 887315109 422,678 5,820 5,420 0 400 5,580 0 240
TOKHEIM CORP Com 889073102 137,250 12,000 0 12,000 0 12,000 0 0
TYCO INTL LTD Com 902124106 477,351 5,038 1,662 1,935 1,441 3,997 1,383 1,041
US BANCORP DEL INC Com 902973106 855,301 25,627 20,481 5,146 0 25,627 5,146 0
UNION PACIFIC CORP. Com 907818108 1,828,855 31,363 15,158 800 15,405 13,878 2,080 15,405
UNION PACIFIC RESOURCES G Com 907834105 436,343 26,749 15,704 676 10,369 14,704 1,760 10,285
U S WEST INC Com 91273H101 2,718,128 46,266 32,765 3,849 9,652 35,631 1,858 8,777
UNITED TECHNOLOGIES CORP. Com 913017109 610,920 8,485 4,140 1,070 3,275 4,530 680 3,275
UTICS CORPORATION Com 918004102 12,500 25,000 0 0 25,000 25,000 0 0
VIDEO PUBLISHING VENTURES Com 92656V105 0 400,000 400,000 0 0 400,000 0 0
WACHOVIA CORP Com 929771103 235,297 2,750 2,750 0 0 2,750 0 0
WAL-MART STORES, INC. Com 931142103 1,313,124 27,215 14,240 500 12,475 20,640 500 6,075
WALGREEN CO Com 931422109 1,012,850 34,480 14,000 20,080 400 34,080 20,080 400
WARNER-LAMBERT CO. Com 934488107 3,163,160 45,760 20,060 23,100 2,600 43,160 21,000 2,600
WELLS FARGO & CO. Com 949746101 5,773,516 135,053 17,083 1,190 116,780 18,273 1,190 115,590
WEYERHAUSER Com 962166104 678,081 9,863 9,863 0 0 9,863 0 0
WILSON PRODUCTS Com 972001XO4 303,883 14,368 0 14,368 0 14,368 0 0
XEROX Com 984121103 209,672 3,550 2,980 170 400 3,150 0 400
ZIONS BANCORPORATION Com 989701107 265,010,076 4,173,387 350,636 173,977 3,648,774 488,954 194,035 3,490,398
ZIONS BANCORP (ESCROW) Com 9897011XO 366,977 5,955 0 0 5,955 5,955 0 0
Z C M I Com 989705108 508,186 36,299 600 0 35,699 600 0 35,699
CHISM HOMES INCORPORATED Com 993000116 0 182,428 0 0 182,428 182,428 0 0
ULTRA MEDICAL DEVICES INC Com 993001387 0 15,712 15,712 0 0 15,712 0 0
VALLEY BANK Com 999111111 356,000 35,600 0 0 35,600 35,600 0 0
ADAPTIV SOFTWARE CORPORAT Pfd 999310838 50,000 50,000 50,000 0 0 50,000 0 0
NODIRT EXOTIC PLANTERS, I Pfd 999920109 10,000 10,000 0 0 10,000 10,000 0 0
CHINA OVERSEAS LAND & INV Com Y15004107 4,320 36,000 0 0 36,000 0 0 36,000
------------
695,065,719
* * * End Of Asset Report * * *
235 Assets Reported Of 28061 Assets On File
</TABLE>
