United States Securities & Exchange Commission
Washington, DC 20549
Form 13 F Cover Page
Quarter Ended: 09/30/2000
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 October 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: 212
Form 13F Information Table Value Total: 409.655
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<TABLE> <C> <C>
Invt Votg
Security Class Cusip Mkt Value Quantity Disc Auth
ABBOTT LABS Com 002824100 10,707 225,124 Sole Sole
AGILENT TECHNOLOGIES INC Com 00846U101 552 11,272 Sole Sole
AIR PRODS & CHEMS INC Com 009158106 1,700 47,219 Sole Sole
ALBERTSONS INC Com 013104104 539 25,649 Sole Sole
ALLEGHENY ENERGY INC Com 017361106 743 19,464 Sole Sole
ALLSTATE CORP Com 020002101 732 21,071 Sole Sole
AMEREN CORP Com 023608102 344 8,209 Sole Sole
AMERICAN ELEC PWR INC Com 025537101 332 8,479 Sole Sole
AMERICAN EXPRESS CO Com 025816109 2,370 39,016 Sole Sole
AMERICAN HOME PRODS CORP Com 026609107 7,815 138,167 Sole Sole
AMERICAN INTL GROUP INC Com 026874107 1,304 13,629 Sole Sole
AMGEN INC Com 031162100 435 6,236 Sole Sole
ANHEUSER BUSCH COS INC Com 035229103 1,155 27,288 Sole Sole
APPLIED MATLS INC Com 038222105 1,312 22,115 Sole Sole
ARCHSTONE CMNTYS TR Com 039581103 1,555 63,288 Sole Sole
ASSOCIATES FIRST CAP CORP Com 046008108 1,933 50,873 Sole Sole
AT&T CORP Com 001957109 5,329 181,414 Sole Sole
AUTOMATIC DATA PROCESSING Com 053015103 451 6,747 Sole Sole
BAIRNCO CORP Com 057097107 150 20,150 Sole Sole
BANK AMER CORP Com 060505104 291 5,561 Sole Sole
BANK NEW YORK INC Com 064057102 1,107 19,750 Sole Sole
BANK ONE CORP NEW Com 06423A103 1,269 32,860 Sole Sole
BANKNORTH GROUP INC NEW Com 06646R107 1,287 71,983 Sole Sole
BANTA CORP Com 066821109 279 11,445 Sole Sole
BECTON DICKINSON & CO Com 075887109 965 36,484 Sole Sole
BELLSOUTH CORP Com 079860102 2,669 66,307 Sole Sole
BERKSHIRE HATHAWAY INC Com 084670207 646 312 Sole Sole
BESTFOODS Com 08658U101 5,809 79,853 Sole Sole
BOEING CO Com 097023105 878 13943 Sole Sole
BOISE CASCADE CORP Com 097383103 225 8,480 Sole Sole
BP AMOCO PLC SPONSORED Com 055622104 6,542 123,434 Sole Sole
BRISTOL MYERS SQUIBB CO Com 110122108 9,400 164,559 Sole Sole
BRITISH TELECOM PLC ADR Com 111021408 299 2,795 Sole Sole
BRUNSWICK CORP Com 117043109 1,114 61,045 Sole Sole
C P & L ENERGY INC Com 12614C106 691 16,566 Sole Sole
CENTEX CONSTR PRODS INC Com 15231R109 292 11,775 Sole Sole
CENTEX CORP Com 152312104 2,954 91,963 Sole Sole
CFW COMMUNICATIONS CO Com 124923103 253 9,360 Sole Sole
CHASE MANHATTAN CORP NEW Com 16161A108 3,396 73,522 Sole Sole
CHEVRON CORP Com 166751107 1,848 21,683 Sole Sole
CIGNA CORP Com 125509109 287 2,745 Sole Sole
CINERGY CORP Com 172474108 484 14,625 Sole Sole
CIRCUIT SYS INC Com 172917106 1 10,000 Sole Sole
CISCO SYS INC Com 17275R102 1,609 29,130 Sole Sole
CITIGROUP INC Com 172967101 12,681 234,567 Sole Sole
COCA COLA CO Com 191216100 1,291 23,415 Sole Sole
COLGATE PALMOLIVE CO Com 194162103 305 6,464 Sole Sole
COMCAST CORP CL A SPL Com 200300200 295 7,218 Sole Sole
COMERICA INC Com 200340107 858 14,683 Sole Sole
COMPAQ COMPUTER CORP Com 204493100 7,590 275,207 Sole Sole
COMPUTER SCIENCES CORP Com 205363104 1,763 23,740 Sole Sole
CONOCO INC CL B Com 208251405 1,515 56,252 Sole Sole
COOPER CAMERON CORP Com 216640102 437 5,925 Sole Sole
CORNING INC Com 219350105 672 2,264 Sole Sole
CVS CORP Com 126650100 2,294 49,534 Sole Sole
DANA CORP Com 235811106 638 29,660 Sole Sole
DELHAIZE AMER INC CL A Com 246688105 334 19,138 Sole Sole
DISNEY WALT CO Com 254687106 2,379 62,207 Sole Sole
DOMINION RES INC VA NEW Com 25746U109 267 4,601 Sole Sole
DOVER CORP Com 260003108 688 14,650 Sole Sole
DOW CHEM CO Com 260543103 667 26,758 Sole Sole
DU PONT E I DE NEMOURS & Com 263534109 994 23,986 Sole Sole
DUKE ENERGY CORP Com 264399106 210 2,450 Sole Sole
E M C CORP MASS Com 268648102 922 9,305 Sole Sole
EASTMAN KODAK CO Com 277461109 280 6,862 Sole Sole
EDWARDS A G INC Com 281760108 509 9,724 Sole Sole
EMERSON ELEC CO Com 291011104 1,596 23,816 Sole Sole
ENDESA S A SPONSORED ADR Com 29258N107 609 32,485 Sole Sole
ENERGEN CORP Com 29265N108 611 20,550 Sole Sole
ENRON CORP Com 293561106 289 3,300 Sole Sole
ENSCO INTL INC Com 26874Q100 1,834 47,950 Sole Sole
EQUITY RESIDENTIAL PPTYS Com 29476L107 811 16,901 Sole Sole
EUROPAC GROWTH FD SH BEN Com 298706102 248 6,526 Sole Sole
EXXON MOBIL CORP Com 30231G102 23,793 266,961 Sole Sole
FAIRCHILD SEMICONDUCTOR Com 303726103 1,271 45,200 Sole Sole
FEDERAL NATL MTG ASSN Com 313586109 7,504 104,945 Sole Sole
FEDERATED DEPT STORES INC Com 31410H101 295 11,280 Sole Sole
FIFTY ASSOC Com 316801109 516 17,350 Sole Sole
FIRST VA BKS INC Com 337477103 1,025 24,055 Sole Sole
FLEETBOSTON FINL CORP Com 339030108 3,172 81,333 Sole Sole
FLEETWOOD ENTERPRISES INC Com 339099103 1,721 126,873 Sole Sole
FORD MTR CO NEW Com 345370860 252 9,946 Sole Sole
FORUM FDS INC PAYSON Com 349903872 510 23,911 Sole Sole
FORUM FDS INC PAYSON Com 349903880 373 28,071 Sole Sole
FPL GROUP INC Com 302571104 890 13,532 Sole Sole
FRANKLIN CUSTODIAN FDS Com 353496508 239 6,464 Sole Sole
GENERAL ELEC CO Com 369604103 29,566 512,518 Sole Sole
GENERAL MLS INC Com 370334104 326 9,192 Sole Sole
GEORGIA PAC CORP Com 373298108 736 31,299 Sole Sole
GEORGIA PAC CORP TIMBER Com 373298702 730 27,146 Sole Sole
GILLETTE CO Com 375766102 242 7,828 Sole Sole
GLOBAL CROSSING LTD Com G3921A100 378 12,204 Sole Sole
GOLDEN WEST FINL CORP DEL Com 381317106 273 5,100 Sole Sole
GPU INC Com 36225X100 289 8,900 Sole Sole
HALLIBURTON CO Com 406216101 213 4,350 Sole Sole
HARRIS CORP DEL Com 413875105 1,442 50,701 Sole Sole
HARTFORD FINL SVCS GROUP Com 416515104 1,473 20,189 Sole Sole
HEINZ H J CO Com 423074103 300 8,103 Sole Sole
HEWLETT PACKARD CO Com 428236103 3,610 37,217 Sole Sole
HIGHWOODS PPTYS INC Com 431284108 230 9,735 Sole Sole
HOME DEPOT INC Com 437076102 229 4,318 Sole Sole
HONEYWELL INTL INC Com 438516106 213 5,978 Sole Sole
HUNTINGTON BANCSHARES INC Com 446150104 402 27,392 Sole Sole
ILLINOIS TOOL WKS INC Com 452308109 391 7,002 Sole Sole
INTEL CORP Com 458140100 10,831 260,599 Sole Sole
INTERNATIONAL BUSINESS Com 459200101 9,498 84,423 Sole Sole
INTERNATIONAL PAPER CO Com 460146103 343 11,945 Sole Sole
ITT INDUSTRIES INC Com 450911102 355 10,940 Sole Sole
JANUS INVT FD Com 471023101 342 7,487 Sole Sole
JANUS INVT FD WORLDWIDE Com 471023309 343 4,644 Sole Sole
JOHNSON & JOHNSON Com 478160104 6,211 66,118 Sole Sole
KEYCORP NEW Com 493267108 503 19,870 Sole Sole
KIMBERLY CLARK CORP Com 494368103 727 13,019 Sole Sole
LANIER WORLDWIDE INC Com 51589L105 17 16,612 Sole Sole
LILLY ELI & CO Com 532457108 1,678 20,689 Sole Sole
LINCOLN NATL CORP Com 534187109 648 13,460 Sole Sole
LITTON INDS INC Com 538021106 1,354 30,290 Sole Sole
LOCKHEED MARTIN CORP Com 539830109 887 26,914 Sole Sole
LUCENT TECHNOLOGIES INC Com 549463107 3,420 111,887 Sole Sole
MARSH & MCLENNAN COS INC Com 571748102 578 4,354 Sole Sole
MBNA CORP Com 55262L100 2,514 65,293 Sole Sole
MCDONALDS CORP Com 580135101 371 12,282 Sole Sole
MEDTRONIC INC Com 585055106 1,044 20,153 Sole Sole
MELLON FINL CORP Com 58551A108 1,070 23,064 Sole Sole
MERCK & CO INC Com 589331107 12,234 164,347 Sole Sole
MERRILL LYNCH & CO INC Com 590188108 2,521 38,190 Sole Sole
MICROSOFT CORP Com 594918104 4,760 78,923 Sole Sole
MINNESOTA MNG & MFG CO Com 604059105 1,334 14,641 Sole Sole
MORGAN J P & CO INC Com 616880100 2,165 13,250 Sole Sole
MORGAN STANLEY DEAN Com 617446448 451 4,935 Sole Sole
MOTOROLA INC Com 620076109 633 22,404 Sole Sole
NAPRO BIOTHERAPEUTICS INC Com 630795102 199 21,800 Sole Sole
NCR CORP NEW Com 62886E108 1,049 27,743 Sole Sole
NEW PLAN EXCEL RLTY TR Com 648053106 431 31,485 Sole Sole
NIKE INC CL B Com 654106103 491 12,248 Sole Sole
NOKIA CORP SPONSORED ADR Com 654902204 414 10,388 Sole Sole
NORFOLK SOUTHERN CORP Com 655844108 233 15,904 Sole Sole
NORTH FORK BANCORPORATION Com 659424105 1,254 57,966 Sole Sole
NORTHROP GRUMMAN CORP Com 666807102 1,638 18,030 Sole Sole
NSTAR Com 67019E107 333 8,272 Sole Sole
PEPSICO INC Com 713448108 2,034 44,224 Sole Sole
PFIZER INC Com 717081103 12,260 272,825 Sole Sole
PHARMACIA CORP Com 71713U102 852 14,149 Sole Sole
PHILADELPHIA SUBN CORP Com 718009608 1,812 78,138 Sole Sole
PHILIP MORRIS COS INC Com 718154107 2,442 82,943 Sole Sole
PHILLIPS PETE CO Com 718507106 1,514 24,122 Sole Sole
PITTSTON BRINKS GROUP Com 725701106 226 14,595 Sole Sole
PRAXAIR INC Com 74005P104 817 21,859 Sole Sole
PROCTER & GAMBLE CO Com 742718109 6,844 102,147 Sole Sole
PROVIDIAN FINL CORP Com 74406A102 358 2,820 Sole Sole
QUAKER OATS CO Com 747402105 1,535 19,394 Sole Sole
QWEST COMMUNICATIONS INTL Com 749121109 802 16,690 Sole Sole
RALSTON - RALSTON PURINA Com 751277302 391 16,508 Sole Sole
RAYTHEON CO CL B Com 755111408 1,950 68,555 Sole Sole
REPSOL YPF SA Com 76026T205 446 24,375 Sole Sole
ROYAL DUTCH PETE CO N Y Com 780257804 1,998 33,330 Sole Sole
RUDDICK CORP Com 781258108 1,290 92,995 Sole Sole
SAFEWAY INC COM NEW Com 786514208 2,737 58,616 Sole Sole
SARA LEE CORP Com 803111103 352 17,348 Sole Sole
SBC COMMUNICATIONS INC Com 78387G103 9,117 182,333 Sole Sole
SCHERING PLOUGH CORP Com 806605101 11,394 245,031 Sole Sole
SCHLUMBERGER LTD Com 806857108 3,136 38,094 Sole Sole
SCUDDER MANAGED MUN BDS Com 811170109 116 13,322 Sole Sole
SEARS ROEBUCK & CO Com 812387108 225 6,950 Sole Sole
SMITHKLINE BEECHAM PLC Com 832378301 480 7,000 Sole Sole
SOUTHDOWN INC Com 841297104 1,692 23,750 Sole Sole
SOUTHERN CO Com 842587107 524 16,152 Sole Sole
SPRINGS INDS INC CL A Com 851783100 479 17,000 Sole Sole
SPRINT CORP Com 852061100 861 29,377 Sole Sole
SPRINT CORP PCS SER 1 Com 852061506 475 13,554 Sole Sole
STATE STR CORP Com 857477103 3,772 29,016 Sole Sole
SUN MICROSYSTEMS INC Com 866810104 1,119 9,585 Sole Sole
SUPERVALU INC COM Com 868536103 301 19,980 Sole Sole
T ROWE PRICE MID-CAP Com 779556109 268 5,973 Sole Sole
TARGET CORP Com 87612E106 312 12,180 Sole Sole
TECO ENERGY INC Com 872375100 2,026 70,471 Sole Sole
TEKTRONIX INC Com 879131100 1,005 13,085 Sole Sole
TELECOM CORP NEW ZEALAND Com 879278208 231 11,560 Sole Sole
TELEFLEX INC Com 879369106 4,181 121,638 Sole Sole
TELEFONOS DE MEXICO S A Com 879403780 3,041 57,180 Sole Sole
TELEPHONE & DATA SYS INC Com 879433100 354 3,200 Sole Sole
TELLABS INC Com 879664100 2,312 48,415 Sole Sole
TENET HEALTHCARE CORP Com 88033G100 867 23,839 Sole Sole
TEXACO INC Com 881694103 3,323 63,292 Sole Sole
TEXAS INSTRS INC Com 882508104 2,919 61,854 Sole Sole
TEXTRON INC Com 883203101 1,529 33,145 Sole Sole
TIMKEN CO Com 887389104 919 67,134 Sole Sole
TRANSOCEAN SEDCO FOREX Com G90078109 348 5,939 Sole Sole
TRINITY INDS INC Com 896522109 210 8,975 Sole Sole
TYCO INTL LTD NEW Com 902124106 610 11,761 Sole Sole
UNILEVER N V Com 904784709 577 11,962 Sole Sole
UNITED TECHNOLOGIES CORP Com 913017109 4,500 64,982 Sole Sole
UNIVERSAL FOODS CORP Com 913538104 612 30,018 Sole Sole
UNOCAL CORP Com 915289102 231 6,505 Sole Sole
UNUMPROVIDENT CORP Com 91529Y106 1,214 44,534 Sole Sole
USX-MARATHON GROUP NEW Com 902905827 1,526 53,785 Sole Sole
VANGUARD EQUITY INCOME FD Com 921921102 227 9,439 Sole Sole
VARIAN INC Com 922206107 234 5,425 Sole Sole
VARIAN MED SYS INC Com 92220P105 287 6,355 Sole Sole
VARIAN SEMICONDUCTOR Com 922207105 239 6,380 Sole Sole
VERIZON COMMUNICATIONS Com 92343V104 4,798 99,047 Sole Sole
VODAFONE GROUP PLC NEW Com 92857W100 741 20,035 Sole Sole
WACHOVIA CORP NEW Com 929771103 343 6,046 Sole Sole
WAL MART STORES INC Com 931142103 615 12,781 Sole Sole
WALGREEN CO Com 931422109 427 11,249 Sole Sole
WASHINGTON MUT INC Com 939322103 2,010 50,476 Sole Sole
WELLS FARGO & CO NEW Com 949746101 3,712 80,813 Sole Sole
WILLAMETTE INDS INC Com 969133107 1,487 53,121 Sole Sole
WILLIAMS COS INC Com 969457100 739 17,490 Sole Sole
WORLDCOM INC GA NEW Com 98157D106 2,001 65,884 Sole Sole
XCEL ENERGY INC Com 98389B100 906 32,954 Sole Sole
XEROX CORP Com 984121103 311 20,620 Sole Sole
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