<SEC-DOCUMENT>0001059320-99-000001-index.html : 19990603
<SEC-HEADER>0001059320-99-000001.hdr.sgml : 19990603
ACCESSION NUMBER:		0001059320-99-000001
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19990429
FILED AS OF DATE:		19990602

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST SECURITY CORP /UT/
		CENTRAL INDEX KEY:			0000312367
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				876118148
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		
		SEC FILE NUMBER:	001-06906
		FILM NUMBER:		99639321

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 30006
		STREET 2:		79 SOUTH MAIN
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84130-0006
		BUSINESS PHONE:		8012465706

	MAIL ADDRESS:	
		STREET 1:		PO BOX 30006
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84130-0006
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			SORENSON JAMES L
	CENTRAL INDEX KEY:			0001059320
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>DIRECTOR

FILING VALUES:
	FORM TYPE:		4

BUSINESS ADDRESS:	
	STREET 1:		C/O SORENSON DEVELOPMENT INC
	STREET 2:		2511 S W TEMLE
	CITY:			SALT LAKE CITY
	STATE:			UT
	ZIP:			84115
	BUSINESS PHONE:		801481-7300

MAIL ADDRESS:	
	STREET 1:		SORENSON DEVELOPMENT INC
	STREET 2:		2511 S W TEMPLE
	CITY:			SALT LAKE CITY
	STATE:			UT
	ZIP:			84115
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<TEXT>


                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                     FORM 4
                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

   Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
   / / Check this box if no longer subject to Section 16.
   Form 4 or Form 5 obligations may continue.  See Instruction 1(b).

1. Name and Address of Reporting Person (If the form is filed by more than one
reporting person, see Instruction 4(b)(v).):
   Name (Last/First/Middle):  Sorenson   James    L.
   Address (Street)        :  2511 South West Temple
   Address (City/State/Zip):  Salt Lake City UT  84115
2. Issuer Name and Ticker Symbol:  First Security Corporation  (FSCO)
3. IRS or Social Security Number of Reporting Person (Voluntary):
4. Statement for Month/Year:  April 1999
5. If Amendment, Date of Original (Month/Day/Year):
6. Relationship of Reporting Person(s) to Issuer (Check all applicable):
   /x/ Director
   / / Officer (give title):
   / / 10% owner
   / / Other (specify):
7. Individual or Joint/Group Filing (Check Applicable Line):
   /x/ Form filed by One Reporting Person
   / / Form filed by More than One Reporting Person

<TABLE>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<CAPTION>
|1.                             |2.      |3.      |4.                      |5.           |6.           |7.                         |
|Title of Security              |Trans-  |Trans-  |Securities:             |Amount of    |Ownership    |Nature of Indirect         |
|(Instr.3)                      |action  |action  |Acquired (A)            |Securities   |Form:        |Beneficial Ownership       |
|                               |Date    |Code    |Disposed of (D)         |Beneficially |Direct (D)   |(Instr.4)                  |
|                               |        |(Instr8)|(Instr.3,4,5)           |Owned at     |Indirect (I) |                           |
|                               |        |        |                        |End of Month |(Instr.4)    |                           |
|                               |MM/DD/YY|Code |V |Amount     |A/D |Price  |(Instr.3,4)  |             |                           |
<S>                             <C>      <C>   <C><C>         <C>  <C>     <C>           <C>           <C>
|-------------------------------|--------|-----|--|-----------|----|-------|-------------|-------------|---------------------------|
 Common Stock		     04/29/99   X       10,000       A   19 1/2 	                    I*
|-------------------------------|--------|-----|--|-----------|----|-------|-------------|-------------|---------------------------|
 Common Stock		     04/29/99   X       14,000       A   19 3/8 	           I*
|-------------------------------|--------|-----|--|-----------|----|-------|-------------|-------------|---------------------------|
 Common Stock		     04/30/99   X       50,000       A   19 	                    I*
|-------------------------------|--------|-----|--|-----------|----|-------|-------------|-------------|---------------------------|
Common Stock		     04/30/99   X       15,000       A   19 1/2                     I*
|-------------------------------|--------|-----|--|-----------|----|-------|-------------|-------------|---------------------------|
Common Stock		     04/30/99   X       10,000       A   19 1/4 	                    I*
|-------------------------------|--------|-----|--|-----------|----|-------|-------------|-------------|---------------------------|
Common Stock		     04/30/99   X        1,000       A   19 5/16                  I*
|-------------------------------|--------|-----|--|-----------|----|-------|-------------|-------------|---------------------------|
Common Stock		     04/30/99   X        8,000       A   19 3/8    108,000        I*
|-------------------------------|--------|-----|--|-----------|----|-------|-------------|-------------|---------------------------|
<FN>
*Shares purchased by Sorenson Development Inc., a wholly owned company; James Sorenson, Chairman & CEO
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
</TABLE>

<TABLE>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
           (e.g., puts, calls, warrants, options, convertible securities)
<CAPTION>
|1.            |2.      |3.      |4.      |5.           |6.               |7.            |8.      |9.      |10.        |11.        |
|Title of      |Conver- |Trans-  |Trans-  |Number of    |Date Exercisable |Title and     |Price   |Number  |Ownership  |Nature of  |
|Derivative    |sion or |action  |action  |Derivative   |&                |Amount of     |of      |of      |Form of    |Indirect   |
|Security      |Exercise|Date    |Code    |Securities:  |Expiration Date  |Underlying    |Deriv.  |Deriv.  |Derivative |Indirect   |
|(Instr.3)     |Price   |        |(Instr8)|Acquired (A) |                 |Securities    |Security|Sec's   |Security:  |Beneficial |
|              |of      |        |        |Disposed (D) |                 |(Instr.3,4)   |(Instr5)|Benefic.|Direct (D) |Ownership  |
|              |Deriva- |        |        |(Instr.3,4,5)|Date    |Expira- |       |Amount|        |Owned at|Indirect(I)|(Instr.4)  |
|              |tive    |        |        |             |Exercis-|tion    |       |or    |        |End of  |(Instr.4)  |           |
|              |Security|        |        |             |able    |Date    |       |Number|        |Month   |           |           |
|              |        |MM/DD/YY|Code |V |(A)   |(D)   |MM/DD/YY|MM/DD/YY|Title  |Shares|        |(Instr4)|           |           |
<S>            <C>      <C>      <C>   <C><C>    <C>    <C>      <C>      <C>     <C>    <C>      <C>      <C>         <C>
|--------------|--------|--------|-----|--|------|------|--------|--------|-------|------|--------|--------|-----------|-----------|

|--------------|--------|--------|-----|--|------|------|--------|--------|-------|------|--------|--------|-----------|-----------|

|--------------|--------|--------|-----|--|------|------|--------|--------|-------|------|--------|--------|-----------|-----------|

|--------------|--------|--------|-----|--|------|------|--------|--------|-------|------|--------|--------|-----------|-----------|

|--------------|--------|--------|-----|--|------|------|--------|--------|-------|------|--------|--------|-----------|-----------|

|--------------|--------|--------|-----|--|------|------|--------|--------|-------|------|--------|--------|-----------|-----------|

|--------------|--------|--------|-----|--|------|------|--------|--------|-------|------|--------|--------|-----------|-----------|

|--------------|--------|--------|-----|--|------|------|--------|--------|-------|------|--------|--------|-----------|-----------|
</TABLE>

Explanation of Responses:




/s/ James L. Sorenson                                        June 2, 1999
__________________________________________________________   __________________
**Signature of Reporting Person
**Intentional misstatements or omissions of facts constitute Federal Criminal
  Violations.  See 18 U.S.C 1001 and 15 U.S.C. 78ff(a).

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>