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File No. 28-671
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Securities and Exchange Commission
Washington, DC 20549
Form 13-F
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Information Required of Institutional Investment Managers Pursuant to
Section 13(f) of the Securities Exchange Act of 1934 and Rules Thereunder
Report for Calendar Year or Quarter Ended June 30, 1999
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If amended report check here:
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BAKER, FENTRESS & COMPANY
(Name of institutional investment manager)
200 West Madison Street, Suite 590
Chicago, Illinois 60606
(Business address)
James P. Koeneman, 312/236-9190
Executive Vice President & Secretary
(Person duly authorized to submit this report)
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The institutional investment manager submitting this form and its attachments
and the person by whom it is signed represent hereby that all information
contained therein is true, correct and complete. It is understood that all
required items, statements and schedules are considered integral parts of this
form and that the submission of any amendment represents that all unamended
items, statements and schedules remain true, correct and complete as previously
submitted.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Chicago and State of Illinois on this 4th day of
August, 1999
BAKER, FENTRESS & COMPANY
/s/ James P. Koeneman
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James P. Koeneman
Executive Vice President & Secretary
Name and 13-F file numbers of all institutional investment managers with respect
to which this schedule is filed (other than the one filing this report): None
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Page 1 of 3 pages
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As of June 30, 1999
FORM 13F
(SEC USE ONLY)
Page 2 of 3 Name of Reporting Manager: Baker, Fentress & Company
File Number: 28-671
Additional securities over which Baker, Fentress & Company exercises investment
discretion are being reported by John A. Levin & Co., Inc. (13-f File #28-1944).
Baker Fentress has completed Form 13-F with respect to securities not otherwise
reported.
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As of June 30, 1999
Financial Printing Group
FORM 13-F
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(SEC USE ONLY)
Page 3 of 3 Name of Reporting Manager: Baker, Fentress & Company File No. 28-671
Item 8
Item 5 Item 6 Voting
Item 2 Item 3 Item 4 Shares or Investment Authority
Item 1 Title of Cusip Fair Mkt Principal Discretion (shares)
Name of Issuer Class Number Value Amount (a) Sole * (a) Sole *
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<S> <C> <C> <C> <C> <C> <C>
PARACELSUS HEALTHCARE CORP COM 698891 10 8 562,225 535,443 535,443 535,443
CONSOLIDATED TOMOKA LD CO COM 210226 10 6 72,812,500 5,000,000 5,000,000 5,000,000
CITADEL COMMUNICATIONS CORP COM 172853 20 2 30,048,529 830,357 830,357 830,357
Column total 73,374,725
Aggregate total 73,374,725
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*Items 6(b), 7, 8(b), and 8(c) are omitted because no information is required
under them, Baker, Fentress & Company is the sole manager, with sole investment
discretion and sole voting authority over the securities.
