United States Securities & Exchange Commission
Washington, DC 20549
Form 13 F Cover Page
Quarter Ended: 06/30/2000
Investment Manager: H. M. Payson & Co.
Address: P. O. Box 31
Portland, ME 04112
13F File Number: 28-4422
Signer: John C. Downing, Managing Dir
Title: Managing Director
Phone: 207-772-3761
Signature, Place and Date of Signing:
John C. Downing Portland, ME July, 5,2000
Report Type: 13F Holdings Report
I am signing this report as required by the
Securities Exchange Act of 1934
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Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 213
Form 13F Information Table Value Total: 403,060
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<TABLE> <C> <C>
Invt Votg
Security Class Cusip Mkt Value Quantity Disc Auth
ABBOTT LABS Com 002824100 10,168 228 Sole Sole
AGILENT TECHNOLOGIES INC Com 00846U101 1,050 14 Sole Sole
AIR PRODS & CHEMS INC Com 009158106 1,428 46 Sole Sole
ALBERTSONS INC Com 013104104 919 28 Sole Sole
ALLEGHENY ENERGY INC Com 017361106 544 20 Sole Sole
ALLSTATE CORP Com 020002101 469 21 Sole Sole
AMEREN CORP Com 023608102 271 8 Sole Sole
AMERICAN ELEC PWR INC Com 025537101 259 9 Sole Sole
AMERICAN EXPRESS CO Com 025816109 2,060 40 Sole Sole
AMERICAN HOME PRODS CORP Com 026609107 9,329 159 Sole Sole
AMERICAN INTL GROUP INC Com 026874107 1,190 10 Sole Sole
AMGEN INC Com 031162100 438 6 Sole Sole
ANHEUSER BUSCH COS INC Com 035229103 1,034 14 Sole Sole
APPLE COMPUTER INC Com 037833100 398 8 Sole Sole
APPLIED MATLS INC Com 038222105 1,905 21 Sole Sole
ARCHSTONE CMNTYS TR Com 039581103 1,329 63 Sole Sole
ASSOCIATES FST CAP CL A Com 046008108 1,140 51 Sole Sole
AT&T CORP Com 001957109 4,091 129 Sole Sole
AUTOMATIC DATA PROCESSING Com 053015103 314 6 Sole Sole
BAIRNCO CORP Com 057097107 117 16 Sole Sole
BANK AMER CORP Com 060505104 239 6 Sole Sole
BANK NEW YORK INC Com 064057102 1,066 23 Sole Sole
BANK ONE CORP NEW Com 06423A103 840 32 Sole Sole
BANKNORTH GROUP INC NEW Com 06646R107 1,074 70 Sole Sole
BANTA CORP Com 066821109 289 15 Sole Sole
BECTON DICKINSON & CO Com 075887109 354 12 Sole Sole
BELL ATLANTIC CORP Com 077853109 2,562 50 Sole Sole
BELLSOUTH CORP Com 079860102 2,714 64 Sole Sole
BERKSHIRE HATHAWAY CL B Com 084670207 567 0.322 Sole Sole
BESTFOODS Com 08658U101 7,900 114 Sole Sole
BOEING CO Com 097023105 583 14 Sole Sole
BOISE CASCADE CORP Com 097383103 223 9 Sole Sole
BP AMOCO PLC SPONS ADR Com 055622104 6,917 122 Sole Sole
BRISTOL MYERS SQUIBB CO Com 110122108 9,660 166 Sole Sole
BRITISH AWYS PLC ADR Com 110419306 202 4 Sole Sole
BRITISH TELECOM PLC ADR Com 111021408 330 2 Sole Sole
BRUNSWICK CORP Com 117043109 1,192 72 Sole Sole
C P & L ENERGY INC Com 12614C106 540 17 Sole Sole
CENTEX CONSTR PRODS INC Com 15231R109 242 11 Sole Sole
CENTEX CORP Com 152312104 1,953 83 Sole Sole
CFW COMMUNICATIONS CO Com 124923103 351 9 Sole Sole
CHASE MANHATTAN CORP NEW Com 16161A108 3,235 70 Sole Sole
CHEVRON CORP Com 166751107 1,783 21 Sole Sole
CIGNA CORP Com 125509109 257 3 Sole Sole
CINERGY CORP Com 172474108 397 16 Sole Sole
CIRCUIT SYS INC Com 172917106 4 10 Sole Sole
CISCO SYS INC Com 17275R102 1,598 25 Sole Sole
CITIGROUP INC Com 172967101 10,901 181 Sole Sole
COCA COLA CO Com 191216100 1,379 24 Sole Sole
COLGATE PALMOLIVE CO Com 194162103 435 7 Sole Sole
COMCAST CORP CL A SPL Com 200300200 292 7 Sole Sole
COMERICA INC Com 200340107 659 15 Sole Sole
COMPAQ COMPUTER CORP Com 204493100 6,870 269 Sole Sole
COMPUTER SCIENCES CORP Com 205363104 1,576 21 Sole Sole
CONOCO INC CL B Com 208251405 1,057 43 Sole Sole
COOPER CAMERON CORP Com 216640102 367 6 Sole Sole
CORNING INC Com 219350105 598 2 Sole Sole
CVS CORP Com 126650100 1,421 36 Sole Sole
DAIMLERCHRYSLER AG Com D1668R123 216 4 Sole Sole
DANA CORP Com 235811106 610 29 Sole Sole
DISNEY WALT CO Com 254687106 2,430 63 Sole Sole
DOVER CORP Com 260003108 594 15 Sole Sole
DOW CHEM CO Com 260543103 833 28 Sole Sole
DU PONT E I DE NEMOURS Com 263534109 1,140 26 Sole Sole
E M C CORP MASS Com 268648102 365 5 Sole Sole
EASTMAN KODAK CO Com 277461109 435 7 Sole Sole
EDWARDS A G INC Com 281760108 379 10 Sole Sole
EMERSON ELEC CO Com 291011104 1,487 25 Sole Sole
ENDESA S A SPONSORED ADR Com 29258N107 571 29 Sole Sole
ENERGEN CORP Com 29265N108 416 19 Sole Sole
ENRON CORP Com 293561106 234 4 Sole Sole
ENSCO INTL INC Com 26874Q100 1,744 49 Sole Sole
EQUITY RESIDENTIAL PPTYS Com 29476L107 765 17 Sole Sole
EUROPAC GROWTH FD Com 298706102 272 7 Sole Sole
EXXON MOBIL CORP Com 30231G102 21,302 271 Sole Sole
FAIRCHILD SEMICONDCTR CL A Com 303726103 635 16 Sole Sole
FEDERAL NATL MTG ASSN Com 313586109 5,867 112 Sole Sole
FEDERATED DEPT STORES INC Com 31410H101 290 9 Sole Sole
FIFTY ASSOC Com 316801109 503 17 Sole Sole
FIRST VA BKS INC Com 337477103 906 26 Sole Sole
FLEETBOSTON FINL CORP Com 339030108 2,762 81 Sole Sole
FLEETWOOD ENTERPRISES INC Com 339099103 1,892 133 Sole Sole
FLUOR CORP Com 343861100 348 11 Sole Sole
FORD MTR CO DEL Com 345370100 292 7 Sole Sole
FORUM FDS -PAYSON VALUE FD Com 349903872 513 24 Sole Sole
FORUM FDS- PAYSON BALANCED Com 349903880 149 12 Sole Sole
FPL GROUP INC Com 302571104 670 14 Sole Sole
FRANKLIN CUSTDN FDS GRWTH CL ACom 353496508 242 6 Sole Sole
GANNETT INC Com 364730101 214 4 Sole Sole
GENERAL ELEC CO Com 369604103 27,407 517 Sole Sole
GENERAL MLS INC Com 370334104 378 10 Sole Sole
GEORGIA PAC CORP - GROUP Com 373298108 857 33 Sole Sole
GEORGIA PAC - TIMBER GRP Com 373298702 615 28 Sole Sole
GILLETTE CO Com 375766102 308 9 Sole Sole
GLOBAL CROSSING LTD Com G3921A100 321 12 Sole Sole
GPU INC Com 36225X100 246 9 Sole Sole
GTE CORP Com 362320103 2,548 41 Sole Sole
HALLIBURTON CO Com 406216101 205 4 Sole Sole
HANNAFORD BROS CO Com 410550107 4,517 63 Sole Sole
HARRIS CORP DEL Com 413875105 1,739 53 Sole Sole
HARTFORD FINL SVCS GROUP Com 416515104 1,078 19 Sole Sole
HEINZ H J CO Com 423074103 366 8 Sole Sole
HEWLETT PACKARD CO Com 428236103 5,008 40 Sole Sole
HIGHWOODS PPTYS INC Com 431284108 241 10 Sole Sole
HOME DEPOT INC Com 437076102 279 6 Sole Sole
HUNTINGTON BANCSHARES INC Com 446150104 409 26 Sole Sole
ILLINOIS TOOL WKS INC Com 452308109 399 7 Sole Sole
INTEL CORP Com 458140100 17,026 127 Sole Sole
INTERNATIONAL BUS MACHS Com 459200101 9,155 84 Sole Sole
INTERNATIONAL PAPER CO Com 460146103 364 12 Sole Sole
INTERPUBLIC GROUP COS INC Com 460690100 237 6 Sole Sole
ITT INDUSTRIES INC Com 450911102 358 12 Sole Sole
JANUS INVT FD Com 471023101 340 7 Sole Sole
JANUS INVT FD WORLDWIDE FD Com 471023309 363 5 Sole Sole
JDS UNIPHASE CORP Com 46612J101 205 2 Sole Sole
JOHNSON & JOHNSON Com 478160104 6,995 69 Sole Sole
KEYCORP NEW Com 493267108 350 20 Sole Sole
KIMBERLY CLARK CORP Com 494368103 655 11 Sole Sole
LANIER WORLDWIDE INC Com 51589L105 34 27 Sole Sole
LILLY ELI & CO Com 532457108 2,111 21 Sole Sole
LINCOLN NATL CORP Com 534187109 508 14 Sole Sole
LITTON INDS INC Com 538021106 1,257 30 Sole Sole
LOCKHEED MARTIN CORP Com 539830109 676 27 Sole Sole
LUCENT TECHNOLOGIES INC Com 549463107 4,808 81 Sole Sole
MARSH & MCLENNAN COS INC Com 571748102 455 4 Sole Sole
MBNA CORP Com 55262L100 1,873 69 Sole Sole
MCDONALDS CORP Com 580135101 472 14 Sole Sole
MEDIAONE GROUP INC Com 58440J104 2,033 31 Sole Sole
MEDTRONIC INC Com 585055106 1,003 20 Sole Sole
MELLON FINL CORP Com 58551A108 768 21 Sole Sole
MERCK & CO INC Com 589331107 12,469 163 Sole Sole
MERRILL LYNCH & CO INC Com 590188108 3,863 34 Sole Sole
MICROSOFT CORP Com 594918104 5,066 63 Sole Sole
MINNESOTA MNG & MFG CO Com 604059105 1,233 15 Sole Sole
MORGAN J P & CO INC Com 616880100 1,422 13 Sole Sole
MORGAN STANLEY DEAN WITTER DISCom 617446448 411 5 Sole Sole
MOTOROLA INC Com 620076109 659 23 Sole Sole
NEW CENTURY ENERGIES INC Com 64352U103 597 20 Sole Sole
NEW PLAN EXCEL RLTY TR Com 648053106 407 31 Sole Sole
NIKE INC CL B Com 654106103 517 13 Sole Sole
NOKIA CORP SPONSORED ADR Com 654902204 569 11 Sole Sole
NORFOLK SOUTHERN CORP Com 655844108 200 13 Sole Sole
NORTH FORK BANCORPORATION Com 659424105 901 60 Sole Sole
NORTHROP GRUMMAN CORP Com 666807102 1,305 20 Sole Sole
NSTAR Com 67019E107 347 9 Sole Sole
PEPSICO INC Com 713448108 2,046 46 Sole Sole
PFIZER INC Com 717081103 12,883 268 Sole Sole
PHARMACIA CORP Com 71713U102 736 14 Sole Sole
PHILADELPHIA SUBN CORP Com 718009608 649 32 Sole Sole
PHILIP MORRIS COS INC Com 718154107 1,875 71 Sole Sole
PHILLIPS PETE CO Com 718507106 1,319 26 Sole Sole
PITTSTON BRINKS GROUP Com 725701106 196 14 Sole Sole
PRAXAIR INC Com 74005P104 867 23 Sole Sole
PROCTER & GAMBLE CO Com 742718109 5,002 87 Sole Sole
PROVIDIAN FINL CORP Com 74406A102 267 3 Sole Sole
QUAKER OATS CO Com 747402105 1,489 20 Sole Sole
RALSTON-RALSTON PURINA GRP Com 751277302 347 17 Sole Sole
RAYTHEON CO CL B Com 755111408 1,645 85 Sole Sole
REPSOL S A SPONSORED ADR Com 76026T205 507 26 Sole Sole
ROYAL DUTCH PETE-NY 1.25 Com 780257804 2,003 33 Sole Sole
RUDDICK CORP Com 781258108 1,097 93 Sole Sole
SAFEWAY INC COM NEW Com 786514208 2,939 65 Sole Sole
SARA LEE CORP Com 803111103 358 19 Sole Sole
SBC COMMUNICATIONS INC Com 78387G103 7,903 183 Sole Sole
SCHERING PLOUGH CORP Com 806605101 12,375 245 Sole Sole
SCHLUMBERGER LTD Com 806857108 2,700 36 Sole Sole
SCUDDER MANAGED MUN BDS Com 811170109 115 13 Sole Sole
SEARS ROEBUCK & CO Com 812387108 259 8 Sole Sole
SMITHKLINE BEECHAM PLC ADR ORDCom 832378301 456 7 Sole Sole
SOUTHDOWN INC Com 841297104 1,346 23 Sole Sole
SOUTHERN CO Com 842587107 366 16 Sole Sole
SPRINGS INDS INC CL A Com 851783100 544 17 Sole Sole
SPRINT CORP Com 852061100 1,510 30 Sole Sole
SPRINT CORP PCS SER 1 Com 852061506 818 14 Sole Sole
STATE STR CORP Com 857477103 2,408 23 Sole Sole
SUN MICROSYSTEMS INC Com 866810104 538 6 Sole Sole
SUPERVALU INC COM Com 868536103 419 22 Sole Sole
SYSCO CORP Com 871829107 215 5 Sole Sole
T ROWE PRICE MID-CAP GRWTH FD Com 779556109 254 6 Sole Sole
TARGET CORP Com 87612E106 263 5 Sole Sole
TECO ENERGY INC Com 872375100 1,411 70 Sole Sole
TEKTRONIX INC Com 879131100 972 13 Sole Sole
TELECOM CORP NEW ZEALAND LTD ACom 879278208 331 12 Sole Sole
TELEFLEX INC Com 879369106 4,289 120 Sole Sole
TELEFONOS DE MEXICO S A Com 879403780 2,844 50 Sole Sole
TELEPHONE & DATA SYS INC Com 879433100 321 3 Sole Sole
TELLABS INC Com 879664100 2,631 38 Sole Sole
TENET HEALTHCARE CORP Com 88033G100 656 24 Sole Sole
TEXACO INC Com 881694103 3,301 62 Sole Sole
TEXAS INSTRS INC Com 882508104 4,455 65 Sole Sole
TEXTRON INC Com 883203101 1,858 34 Sole Sole
TIMKEN CO Com 887389104 1,156 62 Sole Sole
TRANSOCEAN SEDCO FOREX Com G90078109 305 6 Sole Sole
TYCO INTL LTD NEW Com 902124106 540 11 Sole Sole
U S WEST INC NEW Com 91273H101 807 9 Sole Sole
UNILEVER N V NY SHS NEW Com 904784709 674 16 Sole Sole
UNITED TECHNOLOGIES CORP Com 913017109 3,759 64 Sole Sole
UNIVERSAL FOODS CORP Com 913538104 558 30 Sole Sole
UNUMPROVIDENT CORP Com 91529Y106 913 45 Sole Sole
USX-MARATHON GROUP NEW Com 902905827 1,297 52 Sole Sole
VANGUARD EQUITY INCOME FD Com 921921102 213 9 Sole Sole
VARIAN INC Com 922206107 250 5 Sole Sole
VARIAN MED SYS INC Com 92220P105 249 6 Sole Sole
VARIAN SEMICONDUCTOR EQUIP Com 922207105 401 6 Sole Sole
VODAFONE AIRTOUCH PLC ADR Com 92857T107 823 20 Sole Sole
WACHOVIA CORP NEW Com 929771103 328 6 Sole Sole
WAL MART STORES INC Com 931142103 708 12 Sole Sole
WALGREEN CO Com 931422109 373 12 Sole Sole
WELLS FARGO & CO NEW Com 949746101 3,247 84 Sole Sole
WILLAMETTE INDS INC Com 969133107 1,442 53 Sole Sole
WILLIAMS COS INC Com 969457100 787 19 Sole Sole
WORLDCOM INC GA NEW Com 98157D106 2,452 53 Sole Sole
XEROX CORP Com 984121103 910 44 Sole Sole
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