UNITED STATES
SECURITIES AND EXCHANGE 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 (Chexk only one) : [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: T. Leavell & Associates, Inc.
Address: P. O. Box 1307
Mobile AL 35533-1307
13F File Number: 28-4320
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: Carmen Williams
Title: Operations & Trading Manager
Phone: 334-433-3709
Signature, Place, and date of Signing:
/s/ Carmen Williams Mobile, Alabama April 26,1999
Report Type (check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION 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 227
Form 13F Information Table Value Total $ 331125
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T. Leavell & Associates
FORM 13F
March 31, 1999
Voting Authority
--------------------------
Value Shares/ Sh/ Put/ Invstmt
Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
- ------------------------------ ---------------- --------- -------- ------- --- ---- ------- ---------- -------- -------- --------
ABBOTT LABS COM 002824100 1868 39906 SH Sole 29506.032 11000.000
ABBOTT LABS COM 002824100 19 400 SH Other 400.000
ADVANCED MICRO DEVICES COM COM 007903107 245 15800 SH Sole 15300.000 1500.000
AETNA INC COM COM 008117103 1494 18000 SH Sole 16200.000 2052.000
AFLAC INC COM 001055102 3710 68152 SH Sole 58982.000 9170.000
AIR PRODS & CHEMS INC COM 009158106 451 13160 SH Sole 10200.000 2960.000
ALBERTSONS INC COM 013104104 218 4000 SH Sole 3000.000 1000.000
ALCOA INC COM COM 013817101 1030 25000 SH Sole 22000.000 5000.000
AMERICAN EXPRESS CO COM COM 025816109 2084 17700 SH Sole 16400.000 1300.000
AMERICAN HOME PRODS COM 026609107 1378 21120 SH Sole 17120.000 4000.000
AMERICAN INTL GROUP COM COM 026874107 241 2000 SH Sole 1100.000 900.000
AMERICAN STORES CO NEW COM COM 030096101 841 25500 SH Sole 25200.000 300.000
AMERICAN STORES CO NEW COM COM 030096101 16 500 SH Other 500.000
AMERITECH CORP NEW COM COM 030954101 3188 55321 SH Sole 47021.000 9068.000
AMERITECH CORP NEW COM COM 030954101 23 400 SH Other 400.000
AMGEN INC COM 031162100 240 3200 SH Sole 3200.000
AMP INC COM 031897101 1442 26952 SH Sole 18491.000 8461.000
AMSOUTH BANCORP COM 032165102 3142 69057 SH Sole 24650.000 44406.999
ANHEUSER BUSCH COS COM 035229103 2079 27313 SH Sole 22000.000 7313.000
ARCHER DANIELS MIDLAND COM 039483102 721 49111 SH Sole 41423.000 7688.000
AT & T COM 001957109 1588 19896 SH Sole 13338.000 7558.000
ATLANTIC RICHFIELD COM 048825103 326 4453 SH Sole 2853.000 1600.000
ATLANTIC RICHFIELD COM 048825103 15 200 SH Other 200.000
AUTOMATIC DATA PROCESSING COM 053015103 4220 102000 SH Sole 77000.000 30000.000
AUTOMATIC DATA PROCESSING COM 053015103 21 500 SH Other 500.000
AUTOZONE INC COM COM 053332102 249 8200 SH Sole 7700.000 500.000
BANKAMERICA CORP NEW COM COM 06605F102 700 9917 SH Sole 7717.000 5029.000
BANKBOSTON CORP COM COM 060716107 212 4900 SH Sole 4900.000
BAXTER INTL INC COM 071813109 602 9126 SH Sole 7676.980 2450.000
BAXTER INTL INC COM 071813109 78 1187 SH Other 1187.000
BECTON DICKINSON & CO COM 075887109 3846 100375 SH Sole 80175.000 23700.000
BECTON DICKINSON & CO COM 075887109 15 400 SH Other 400.000
BELLSOUTH CORP COM 079860102 3762 93892 SH Sole 71272.000 27772.000
BELO A H CORP DEL COM SER A COM 080555105 1020 55900 SH Sole 46300.000 9600.000
BESTFOODS COM COM 08658U101 216 4600 SH Sole 1600.000 3000.000
BIOMET INC COM 090613100 1317 31400 SH Sole 28800.000 5100.000
BLOUNT INTL INC CL A COM 095173308 1476 51100 SH Sole 47600.000 6500.000
BOEING CO COM 097023105 1162 34184 SH Sole 29330.000 4854.000
BOEING CO COM 097023105 8 250 SH Other 250.000
BP AMOCO P L C SPONSORED ADR COM 055622104 4451 44070 SH Sole 36126.167 10325.000
BRISTOL MYERS SQUIBB COM 110122108 2302 35902 SH Sole 21958.289 15544.000
BURLINGTON RES INC COM 122014103 208 5200 SH Sole 5000.000 200.000
CAMPBELL SOUP CO COM COM 134429109 934 22950 SH Sole 21250.000 3700.000
CAMPBELL SOUP CO COM COM 134429109 8 200 SH Other 200.000
CARDINAL HEALTH INC COM COM 14149Y108 5238 79364 SH Sole 61715.000 20461.000
CATERPILLAR INC DEL COM COM 149123101 1372 29870 SH Sole 27870.000 3000.000
CBRL GROUP INC COM COM 12489V106 572 31800 SH Sole 30300.000 1500.000
CERIDIAN CORP COM COM 15677T106 651 17800 SH Sole 16800.000 1000.000
CHASE MANHATTAN NEW COM COM 161610100 265 3256 SH Sole 3256.000
CHEVRON CORPORATION COM 166751107 3215 36228 SH Sole 32628.000 6300.000
CIRCUIT CITY STORES COM 172737108 858 11200 SH Sole 9900.000 1300.000
CISCO SYS INC COM 17275R102 11537 105300 SH Sole 87975.000 21725.000
CITIGROUP INC COM COM 172967101 2229 34891 SH Sole 28791.799 6100.000
CITIGROUP INC COM COM 172967101 19 300 SH Other 300.000
CLAYTON HOMES INC COM COM 184190106 614 55502 SH Sole 45743.000 12809.000
CLOROX CO DEL COM COM 189054109 656 5600 SH Sole 5100.000 500.000
COCA COLA CO COM 191216100 1422 23161 SH Sole 15161.000 8000.000
COCA COLA ENTERPRISES COM COM 191219104 3255 107597 SH Sole 90885.000 16712.000
COCA COLA ENTERPRISES COM COM 191219104 15 500 SH Other 500.000
COMPASS BANCSHARES INC COM COM 20449H109 404 11699 SH Sole 1104.000 10595.000
COMPUTER ASSOC INTL COM COM 204912109 477 13425 SH Sole 9500.000 5425.000
COMPUTER SCIENCES CORP COM COM 205363104 1921 34800 SH Sole 32000.000 2800.000
COSTCO COMPANIES INC COM COM 22160Q102 641 7000 SH Sole 6000.000 1000.000
DANAHER CORP DEL COM 235851102 664 12700 SH Sole 10800.000 1900.000
DEERE & CO COM COM 244199105 317 8200 SH Sole 5300.000 2900.000
DIEBOLD INC COM COM 253651103 352 14685 SH Sole 7074.000 7611.000
DISNEY WALT CO COM COM 254687106 1866 59937 SH Sole 41607.892 21330.000
DISNEY WALT CO COM COM 254687106 19 600 SH Other 600.000
DU PONT E I DE NEMOURS COM 263534109 2826 48675 SH Sole 38175.000 10500.000
DU PONT E I DE NEMOURS COM 263534109 12 200 SH Other 200.000
DUKE ENERGY CORP COM (formerly COM 264399106 1634 29811 SH Sole 24661.000 5150.000
ELECTRONIC DATA SYS NW COM COM 285661104 601 12340 SH Sole 11000.000 1940.000
EMERSON ELEC CO COM 291011104 1215 22950 SH Sole 16650.000 7300.000
ENERGYSOUTH INC COM COM 292970100 374 18221 SH Sole 17175.000 1046.000
ENRON CORP COM 293561106 376 5850 SH Sole 2850.000 3000.000
EXXON CORP COM 302290101 4766 67549 SH Sole 37661.000 32488.000
EXXON CORP COM 302290101 14 200 SH Other 200.000
FDX CORP COM COM 31304N107 2416 25975 SH Sole 24550.000 3425.000
FEDERAL HOME LN MTG CP COM COM 313400301 1903 33200 SH Sole 32100.000 1100.000
FEDERAL NATL MTG ASSN COM 313586109 242 3500 SH Sole 1800.000 1700.000
FEDERAL NATL MTG ASSN COM 313586109 17 250 SH Other 250.000
FIRST UN CORP COM COM 337358105 201 3770 SH Sole 1250.000 2520.000
FIRSTAR CORP COM 33761C103 4705 52570 SH Sole 44320.000 8250.000
FIRSTAR CORP COM 33761C103 22 250 SH Other 250.000
FLEET FINL GROUP INC COM COM 338915101 1558 41400 SH Sole 34400.000 7000.000
FLORIDA ROCK INDS INC COM 341140101 345 10100 SH Sole 9400.000 1700.000
FPL GROUP INC COM 302571104 288 5400 SH Sole 3200.000 2200.000
GAP INC DEL COM COM 364760108 222 3300 SH Sole 1800.000 1500.000
GENERAL ELEC CO COM COM 369604103 9321 84258 SH Sole 51647.333 33611.000
GENERAL ELEC CO COM COM 369604103 22 200 SH Other 200.000
GENERAL MOTORS CORP COM 370442105 1814 20850 SH Sole 18855.000 1995.000
GILLETTE CO COM COM 375766102 2847 47900 SH Sole 37700.000 12300.000
GLAXO WELLCOME PLC SPONSORED A COM 37733W105 324 4839 SH Sole 839.000 4000.000
GOODRICH B F CO COM COM 382388106 748 21800 SH Sole 19000.000 5400.000
HALLIBURTON CO COM 406216101 834 21650 SH Sole 20050.000 1600.000
HARTFORD FINL SVCS COM COM 416515104 349 6150 SH Sole 4750.000 1400.000
HEALTHSOUTH CORP COM COM 421924101 137 13250 SH Sole 13150.000 100.000
HELMERICH & PAYNE INC COM COM 423452101 227 10000 SH Sole 10000.000
HERSHEY FOODS CORP COM 427866108 823 14680 SH Sole 12480.000 3700.000
HEWLETT PACKARD CO COM 428236103 672 9907 SH Sole 8607.975 1300.000
HOME DEPOT INC COM 437076102 6412 103012 SH Sole 90312.001 18600.000
HONG KONG TELECOMMUNICATION SP COM 438579203 265 13546 SH Sole 11246.000 2300.000
HOUSEHOLD INTL INC COM 441815107 398 8733 SH Sole 7800.000 933.000
IBM CORP COM 459200101 2020 11395 SH Sole 6795.000 4600.000
INGERSOLL RAND CO COM 456866102 511 10300 SH Sole 8600.000 1700.000
INTEL CORP COM 458140100 3281 27604 SH Sole 23904.000 3700.000
INTERNATIONAL PAPER CO COM 460146103 429 10163 SH Sole 9058.000 1105.000
INTL FLAVORS FRAGRANCE COM 459506101 206 5485 SH Sole 3450.000 2035.000
JEFFERSON PILOT CORP COM 475070108 461 6800 SH Sole 3425.000 3375.000
JEFFERSON PILOT CORP COM 475070108 20 300 SH Other 300.000
JOHNSON & JOHNSON COM 478160104 4101 43860 SH Sole 34060.000 9800.000
JOHNSON CTLS INC COM COM 478366107 374 6000 SH Sole 6000.000
KAUFMAN&BROAD HOME CP COM COM 486168107 291 12900 SH Sole 12000.000 900.000
KIMBERLY CLARK CORP COM 494368103 583 12170 SH Sole 6570.000 5600.000
KIMBERLY CLARK CORP COM 494368103 14 300 SH Other 300.000
KONINKLIJKE PHILIPS EL SPONSOR COM 500472105 2679 32500 SH Sole 30100.000 3400.000
LEGGETT & PLATT INC COM COM 524660107 326 16300 SH Sole 14300.000 2000.000
LILLY ELI & CO COM 532457108 2370 27920 SH Sole 26040.000 1880.000
LOWES COS INC COM COM 548661107 2051 33900 SH Sole 21900.000 12000.000
LOWES COS INC COM COM 548661107 36 600 SH Other 600.000
LUCENT TECHNOLOGIES COM COM 549463107 1807 16734 SH Sole 10502.000 7528.000
MARRIOTT INTL INC COM COM 571900109 235 7000 SH Sole 7000.000
MARSH & MCLENNAN COS INC COM 571748102 854 11500 SH Sole 9000.000 2500.000
MASCO CORP COM COM 574599106 297 10500 SH Sole 9500.000 1000.000
MAYTAG CORP COM 578592107 211 3500 SH Sole 3000.000 500.000
MBNA CORP COM COM 55262L100 1141 47770 SH Sole 37884.000 10386.000
MCDONALDS CORP COM 580135101 381 8416 SH Sole 5600.000 2816.000
MCI WORLDCOM INC COM COM 55268B106 497 5615 SH Sole 4900.000 715.000
MEDICAL ASSURN INC COM COM 58449U100 355 12680 SH Sole 5438.000 7242.000
MELLON BK CORP COM COM 585509102 2682 38112 SH Sole 35512.000 2600.000
MELLON BK CORP COM COM 585509102 21 300 SH Other 300.000
MERCK & CO INC COM 589331107 8043 100382 SH Sole 58244.497 45138.000
MEREDITH CORP COM COM 589433101 270 8600 SH Sole 8000.000 600.000
MICROSOFT CORP COM COM 594918104 1595 17800 SH Sole 15800.000 2000.000
MINNESOTA MNG & MFG COM 604059105 241 3400 SH Sole 1800.000 1600.000
MOBIL CORP COM 607059102 617 7010 SH Sole 4030.000 3780.000
MOBIL CORP COM 607059102 26 300 SH Other 300.000
MONSANTO CO COM 611662107 630 13720 SH Sole 13520.000 200.000
MONSANTO CO COM 611662107 32 700 SH Other 700.000
MORRISON HEALTH CARE COM COM 61841L108 206 11504 SH Sole 10484.349 1020.000
MOTOROLA INC COM 620076109 1109 15145 SH Sole 12570.000 2575.000
NEWELL RUBBERMAID INC COM COM 651229106 733 15436 SH Sole 14200.000 1236.000
NEWMONT MINING CORP COM COM 651639106 175 10000 SH Sole 10000.000
NICOR INC COM 654086107 212 5900 SH Sole 3800.000 4300.000
NIKE INC CL B COM 654106103 675 11700 SH Sole 11700.000
NORFOLK SOUTHERN COM 655844108 506 19167 SH Sole 13922.000 5245.000
NORFOLK SOUTHERN COM 655844108 11 400 SH Other 400.000
NORTHERN TELECOM LTD COM COM 665815106 1311 21100 SH Sole 19500.000 1600.000
NUCOR CORP COM 670346105 247 5600 SH Sole 4800.000 800.000
OMNICOM GROUP INC COM COM 681919106 775 9700 SH Sole 8200.000 1900.000
PALL CORP COM 696429307 315 19000 SH Sole 19000.000
PARKER HANNIFIN CORP COM COM 701094104 207 6050 SH Sole 3450.000 2600.000
PARKER HANNIFIN CORP COM COM 701094104 10 300 SH Other 300.000
PEPSICO INC COM 713448108 650 16575 SH Sole 9400.000 7175.000
PFIZER INC COM 717081103 1742 12552 SH Sole 11152.000 1400.000
PHELPS DODGE CORP COM 717265102 404 8200 SH Sole 7400.000 800.000
PPG INDS INC COM 693506107 389 7600 SH Sole 4200.000 3400.000
PROCTER & GAMBLE CO COM 742718109 3903 39849 SH Sole 34449.000 6800.000
PROTECTIVE LIFE CORP COM 743674103 236 6220 SH Sole 3200.000 3020.000
RALSTON PURINA GRP COM 751277302 353 13221 SH Sole 10600.000 2621.000
RAYTHEON CO CL B COM 755111408 1880 32070 SH Sole 23270.000 8800.000
REGIONS FINL CORP COM COM 758940100 2146 61972 SH Sole 23141.151 38831.000
ROYAL DUTCH PETE CO NY REG GLD COM 780257804 1027 19756 SH Sole 16052.000 6104.000
RUBY TUESDAY INC COM COM 618477103 572 32920 SH Sole 31237.999 1682.000
SARA LEE CORP COM 803111103 302 12200 SH Sole 7700.000 4500.000
SBC COMMUNICATIONS INC COM COM 78387G103 2677 56738 SH Sole 47962.000 9544.000
SBC COMMUNICATIONS INC COM COM 78387G103 19 400 SH Other 400.000
SCHERING PLOUGH CORP COM 806605101 4200 76020 SH Sole 59400.000 17820.000
SCHLUMBERGER LTD COM 806857108 361 6000 SH Sole 2000.000 4000.000
SCHWAB CHARLES CP NEW COM COM 808513105 384 4000 SH Sole 4000.000
SCIENTIFIC ATLANTA INC COM COM 808655104 845 31000 SH Sole 27400.000 3600.000
SEARS ROEBUCK & CO COM COM 812387108 375 8291 SH Sole 8291.000
SHARED MED SYS CORP COM COM 819486101 1150 20650 SH Sole 16850.000 4100.000
SHARED MED SYS CORP COM COM 819486101 14 250 SH Other 250.000
SHELL TRANS & TRAD NY SH NEW Y COM 822703609 1341 33000 SH Sole 27300.000 8700.000
SIGMA ALDRICH CORP COM 826552101 1220 41700 SH Sole 37500.000 7700.000
SIGMA ALDRICH CORP COM 826552101 12 400 SH Other 400.000
SONAT INC COM 835415100 242 8072 SH Sole 4372.000 3700.000
SONAT INC COM 835415100 9 300 SH Other 300.000
SOUTH ALA BANCORP COM COM 836234104 819 59542 SH Sole 57292.000 2250.000
SOUTHERN CO COM 842587107 637 27344 SH Sole 16143.000 11200.842
SOUTHERN CO COM 842587107 12 500 SH Other 500.000
SOUTHTRUST CORP COM 844730101 2113 56631 SH Sole 29388.208 27243.000
SOUTHWEST AIRLS CO COM COM 844741108 402 13275 SH Sole 11025.000 2250.000
SPDR TR UNIT SER 1 COM 78462F103 411 3200 SH Sole 2700.000 500.000
SPEEDWAY MOTORSPORTS COM COM 847788106 516 12500 SH Sole 11500.000 1000.000
SPX CORP COM COM 784635104 315 6252 SH Sole 6252.000
SUN MICROSYSTEMS INC COM 866810104 263 2100 SH Sole 2100.000
SUN MICROSYSTEMS INC COM 866810104 38 300 SH Other 300.000
SYNOVUS FINL CORP COM 87161C105 2235 109031 SH Sole 89814.000 19217.000
SYNOVUS FINL CORP COM 87161C105 15 750 SH Other 750.000
TELLABS INC COM COM 879664100 1368 14000 SH Sole 13000.000 1000.000
THERMO ELECTRON CORP COM 883556102 154 11371 SH Sole 9359.000 2012.000
TORCHMARK CORP COM 891027104 2173 68703 SH Sole 53404.000 18500.000
TRANSAMERICA CORP COM COM 893485102 781 11000 SH Sole 11000.000
TRINITY INDS INC COM 896522109 306 10425 SH Sole 10425.000
TYCO INTL LTD NEW COM COM 902124106 1482 20650 SH Sole 16850.000 4200.000
U S WEST INC NEW COM COM 91273H101 1780 32324 SH Sole 29120.000 3604.000
U S WEST INC NEW COM COM 91273H101 17 300 SH Other 300.000
UNION CAMP CORP COM COM 905530101 208 3100 SH Sole 3100.000
VALSPAR CORP COM COM 920355104 1143 36200 SH Sole 33400.000 2800.000
VIACOM INC CL A COM 925524100 267 3200 SH Sole 3200.000
WACHOVIA CORP COM 929771103 536 6600 SH Sole 5200.000 1400.000
WADDELL & REED FINL CL B COM 930059209 306 15379 SH Sole 12011.000 4151.000
WAL MART STORES INC COM 931142103 5009 54340 SH Sole 31460.000 22880.000
WALGREEN CO COM 931422109 4227 149640 SH Sole 106400.000 49240.000
WALGREEN CO COM 931422109 28 1000 SH Other 1000.000
WASTE MGMT INC DEL COM COM 94106L109 603 13600 SH Sole 11600.000 2000.000
WATERS CORP COM COM 941848103 452 4300 SH Sole 3800.000 500.000
WILLAMETTE INDS INC COM COM 969133107 302 8000 SH Sole 8000.000
WINN DIXIE STORES INC COM 974280109 235 6300 SH Sole 3900.000 2900.000
WINSLOEW FURNITURE INC COM COM 975377102 307 10285 SH Sole 10285.000
WISCONSIN ENERGY COM 976657106 217 8325 SH Sole 4350.000 3975.000
AMSOUTH MUT FDS EQUITY CLASSIC MUT 032168205 367 15499 SH Sole 15499.811
FIDELITY ADVISOR SER I INSTL G MUT 315805101 255 4091 SH Sole 4091.218
FRANKLIN CUSTODIAN FDS INCOME MUT 353496300 57 25505 SH Sole 25505.909
JAMESTOWN INTL EQUITY FD MUT 969557867 2322 170350 SH Sole 132896.389 37453.762
LONGLEAF PARTNERS FDS SH BEN I MUT 543069108 875 33776 SH Sole 24702.534 9074.167
ROWE PRICE NEW HORI FD COM MUT 779562107 238 10963 SH Sole 10963.484
ROWE T PRICE INTL FDS INTL STK MUT 77956H203 746 49158 SH Sole 49158.837
ROWE T PRICE MID-CAP COM MUT 779556109 3461 102375 SH Sole 92451.424 9924.441
THE GOVERNMENT STREET EQUITY F MUT 969557305 70651 1468843 SH Sole 1015863.861 460212.113
THE GOVERNMENT STREET EQUITY F MUT 969557305 33 677 SH Other 677.933
VANGUARD INDEX TR 500 PORTFOLI MUT 922908108 5998 50441 SH Sole 46444.535 3997.238
VANGUARD/WINDSOR FD WINDSOR II MUT 922018205 307 10064 SH Sole 10064.362
WARBURG PINCS INTL EQT COM MUT 933910101 195 10803 SH Sole 8138.343 2664.812
WARBURG PINCUS EMERGNG COM MUT 933909103 2635 68507 SH Sole 63984.897 5339.281
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