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: Beacon Investment Company
Address: 201 S. Main Street
Suite 200
Ann Arbor, MI 48104
13F File Number: 28-3155
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: Audrey L. Johnson
Title: Chief Financial Officer
Phone: 734-662-1200
Signature, Place, and Date of Signing:
Audrey L. Johnson Ann Arbor, Michigan July 9, 1999
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 45
Form 13F Information Table Value Total: $277474
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<TABLE>
FORM 13F INFORMATION TABLE
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AES Corp COMMON STOCK 00130H105 20847 358650 SH SOLE 117095 241555
American Tel & Tel COMMON STOCK 001957109 1954 35010 SH SOLE 20849 14161
Anheuser Busch COMMON STOCK 035229103 1352 19060 SH SOLE 3300 15760
Associates First Capital Corp COMMON STOCK 046008108 8763 198600 SH SOLE 67310 131290
Avon Products Inc COMMON STOCK 054303102 6576 118484 SH SOLE 39674 78810
BMC Software COMMON STOCK 055921100 7823 144868 SH SOLE 53708 91160
Banc One Corp COMMON STOCK 059438101 323 5430 SH SOLE 5300 130
Borders Group COMMON STOCK 099709107 14948 945333 SH SOLE 292628 652705
Cendant Corp COMMON STOCK 151313103 7230 352694 SH SOLE 125247 227447
Cisco Systems COMMON STOCK 17275R102 10154 157584 SH SOLE 58140 99444
Disney Walt COMMON STOCK 254687106 231 7500 SH SOLE 600 6900
Enron Corp COMMON STOCK 293561106 11633 142300 SH SOLE 48740 93560
Freddie Mac COMMON STOCK 313400301 7925 136640 SH SOLE 47230 89410
GTE Corp COMMON STOCK 362320103 9636 127630 SH SOLE 44095 83535
General Elec Co COMMON STOCK 369604103 396 3506 SH SOLE 920 2586
Gillette COMMON STOCK 375766102 254 6200 SH SOLE 6200
H & R Block Inc COMMON STOCK 093671105 8088 161765 SH SOLE 57240 104525
Household Intl COMMON STOCK 441815107 9892 208804 SH SOLE 70931 137873
IMS Health Inc COMMON STOCK 449934108 9009 288301 SH SOLE 96821 191480
Int'l Business Mach COMMON STOCK 459200101 10076 77960 SH SOLE 26350 51610
Intel Corp COMMON STOCK 458140100 4148 69715 SH SOLE 22690 47025
International Game Tech COMMON STOCK 459902102 6276 339252 SH SOLE 112257 226995
Interpublic Group Cos Inc COMMON STOCK 460690100 446 5150 SH SOLE 3600 1550
Johnson & Johnson COMMON STOCK 478160104 9446 96390 SH SOLE 33025 63365
Kroger Co COMMON STOCK 501044101 9875 353450 SH SOLE 104860 248590
Linear Tech COMMON STOCK 535678106 336 5000 SH SOLE 5000
Lowe's Companies Inc COMMON STOCK 548661107 1343 23700 SH SOLE 300 23400
Lucent Technologies Inc COMMON STOCK 549463107 287 4260 SH SOLE 4260
MBNA Corp COMMON STOCK 55262L100 9272 302772 SH SOLE 109793 192979
MCI Worldcom Inc COMMON STOCK 55268B106 7986 92790 SH SOLE 32910 59880
McDonald's Corp COMMON STOCK 580135101 444 10800 SH SOLE 10800
Microsoft Corp COMMON STOCK 594918104 254 2815 SH SOLE 1115 1700
Minerals Technologies COMMON STOCK 603158106 8085 144859 SH SOLE 47704 97155
Pepsico COMMON STOCK 713448108 4426 114406 SH SOLE 38146 76260
Pfizer COMMON STOCK 717081103 898 8240 SH SOLE 360 7880
Philip Morris COMMON STOCK 718154107 10314 256649 SH SOLE 88082 168567
Pitney Bowes COMMON STOCK 724479100 8249 128396 SH SOLE 44111 84285
QualComm Inc COMMON STOCK 747525103 29895 208331 SH SOLE 66821 141510
Standard & Poors Dep Rcpts COMMON STOCK 78462F103 851 6210 SH SOLE 6210
Sterling Commerce Inc COMMON STOCK 859205106 8348 227165 SH SOLE 78470 148695
Warner-Lambert COMMON STOCK 934488107 5372 77710 SH SOLE 29400 48310
Fidelity Advisor Balanced Clas MUTUAL FUNDS 315807867 635 32690.648SH SOLE 32690.648
Janus Investment Fd Growth & I MUTUAL FUNDS 471023200 1632 47910.083SH SOLE 47910.083
Janus Worldwide Fund MUTUAL FUNDS 471023309 575 10769.277SH SOLE 10769.277
Vanguard Windsor II MUTUAL FUNDS 922018205 967 29445.992SH SOLE 29445.992
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