UNITED STATES
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: June 30, 1999
This Amendment adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: The Danforth Associates, Inc.
Address:One Hollis Street
Suite 206
Wellesley, MA 02482
13F File Number: 28-3656
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: Dana Danforth
Title: Chairman
Phone: 800-443-4427
Signature, Place, and Date of Signing:
Dana H. Danforth Wellesley, MA August 3, 1999
Report Type:
(X) 13F HOLDINGS REPORT
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Form 13F Information Table Entry Total: 38
Form 13F Information Table Value Total: $218,050,200
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FORM 13F INFORMATION TABLE
DISCRETION AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP MARKET VALUE SHARES (A)
SOLE MANAGER (C) NONE
- -------------------- -------------- --------- ------------ -------
- ---------- ------- -------
ABBOTT LABS COM 002824100 $7,070,800 155,831 X 1
X
ALBERTSONS COM 013104104 $4,066,600 78,867 X 1
X
ALLIED SIGNAL COM 019512102 $8,817,700 139,963 X 1
X
AMERICAN INT'L GROUP COM 026874107 $1,137,700 9,703 X
1 X
AUTOMATIC DATA PROC. COM 053015103 $4,822,500 109,602 X
1 X
BANK OF NEW YORK COM 064057102 $4,896,800 133,474 X 1
X
CITIGROUP INC COM 172967101 $5,122,000 107,831 X 1
X
COCA COLA CO. COM 191216100 $5,246,500 84,621 X 1
X
COLGATE PALMOLIVE COM 194162103 $4,272,300 43,374 X 1
X
DAYTON HUDSON COM 239753106 $7,309,100 112,448 X 1
X
EQUIFAX INC COM 294429105 $6,322,500 177,162 X 1
X
FANNIE MAE COM 313586109 $8,034,200 117,717 X 1
X
FLEET FINANCIAL COM 338915100 $4,132,800 93,134 X
1 X
GTE CORP. COM 362320103 $8,354,700 110,658 X 1
X
GANNETT CO. COM 364730101 $6,037,600 84,590 X 1
X
GENERAL ELECTRIC COM 369604103 $10,365,600 91,731 X
1 X
INTEL CORP COM 458140100 $9,001,600 151,288 X 1
X
INTERPUBLIC GROUP COM 460690100 $10,311,300 119,034 X
1 X
LOWES COS. COM 548661107 $9,471,100 167,076 X
1 X
MEDTRONIC COM 585055106 $9,918,500 127,364 X 1
X
MERCK & CO COM 589331107 $3,290,200 44,689 X 1
X
MICROSOFT COM 594918104 $1,614,700 17,904 X 1
X
MOBIL OIL COM 607059102 $6,757,000 68,425 X 1
X
NORTEL NETWORKS COM 656569100 $5,591,900 64,413 X
1 X
PE BIOSYSTEMS COM 714041100 $4,491,500 39,142 X 1
X
PFIZER INC COM 717081103 $7,760,600 71,198 X
1 X
PITNEY BOWES COM 724479100 $3,862,300 60,114 X 1
X
PROCTER & GAMBLE COM 742718109 $2,755,300 30,872 X 1
X
STAPLES COM 855030102 $597,400 19,311 X
1 X
STATE STREET CORP. COM 857477103 $1,026,300 12,021 X 1
X
SUNTRUST BANKS COM 867914103 $2,537,200 36,539 X
1 X
TEXAS INSTRUMENTS COM 882508104 $4,139,300 28,745 X 1
X
TEXTRON COM 883203101 $8,012,100 97,337 X 1
X
TIME WARNER COM 887315109 $4,967,600 68,400 X 1
X
WALGREEN CO. COM 931422109 $10,059,700 342,459 X
1 X
WARNER LAMBERT COM 934488107 $9,046,300 130,868 X
1 X
WELLS FARGO COM 949746101 $1,464,700 34,261 X 1
X
XEROX CORP COM 984121103 $5,364,200 90,822 X 1
X
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