UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Keating Investment Counselors, Inc.
Address: 777 East Atlantic Ave., Suite 303
Delray Beach, FL 33483
13F File Number:
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: Linda F. Sierra
Title: Vice President
Phone: 561 278-7862
Signature, Place, and Date of Signing:
Linda F. Sierra Delray Beach, FL October 29, 1999
Report Type (Check only one):
[ x ] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers report for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT
OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total:
Form 13F Information Table Value Total:
List of Other Included Managers:
No. 13F File Number Name
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KEATING INVESTMENT COUNSELORS, INC.
FORM 13F
September 30, 1999
Voting Authority
--------------------------
Value Shares/ Sh/ Put/ Invstmt Other
Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
AGL Resources COM 001204106 192 11800.00 SH Sole 11800.00
AT&T Corp. COM 001957109 6326145434.00 SH Sole 5800.00 139634.00
494 11350.00 SH Other 11350.00
Abbott Laboratories COM 002824100 9172250000.00 SH Sole 15000.00 235000.00
481 13100.00 SH Other 13100.00
Alaska Air Group Inc. COM 011659109 4170102500.00 SH Sole 8000.00 94500.00
Allied Signal Inc. COM 019512102 9632160700.00 SH Sole 8400.00 152300.00
1558 26000.00 SH Other 26000.00
American Home Products COM 026609107 329 7920.00 SH Sole 7920.00
American International Group COM 026874107 2258 25973.00 SH Sole 25973.00
599 6889.75 SH Other 6889.75
Ameritech COM 030954101 527 7900.00 SH Sole 7900.00
Apple Computer COM 037833100 633 10000.00 SH Sole 10000.00
Atlantic Richfield COM 048825103 10094113890.00 SH Sole 4300.00 109590.00
739 8340.00 SH Other 8340.00
Avon Products COM 054303102 6556264232.00 SH Sole 14200.00 250032.00
561 22600.00 SH Other 22600.00
BP Amoco PLC Spons ADR COM 055622104 1121 10118.00 SH Sole 10118.00
691 6236.00 SH Other 6236.00
Bank One Corp COM 06423A103 316 9075.00 SH Sole 9075.00
Bank of America Corp. COM 060505104 9879177400.00 SH Sole 12672.00 164728.00
1131 20318.00 SH Other 20318.00
Bank of New York COM 064057102 241 7200.00 SH Sole 7200.00
BankBoston Corp. COM 060716107 217 5000.00 SH Sole 5000.00
191 4400.00 SH Other 4400.00
Bell Atlantic COM 077853109 634 9414.00 SH Sole 9414.00
BellSouth Corp. COM 079860102 189 4200.00 SH Sole 4200.00
54 1200.00 SH Other 1200.00
Boeing Co. COM 097023105 4653109150.00 SH Sole 3500.00 105650.00
188 4400.00 SH Other 4400.00
Bristol Myers Squibb COM 110122108 14319212132.00 SH Sole 15800.00 196332.00
3152 46700.00 SH Other 46700.00
Burlington Northern Santa Fe C COM 12189T104 7274264500.00 SH Sole 13200.00 251300.00
663 24111.00 SH Other 24111.00
CINergy Corp COM 172070104 425 15000.00 SH Sole 15000.00
51 1800.00 SH Other 1800.00
Caterpillar Inc. COM 149123101 460 8400.00 SH Sole 8400.00
Chase Manhattan Corp New COM 16161A108 4392 58268.00 SH Sole 5800.00 52468.00
1341 17792.00 SH Other 17792.00
Chemed Corp COM 163596109 363 12000.00 SH Sole 12000.00
Chevron Corp COM 166751107 444 5000.00 SH Sole 5000.00
320 3600.00 SH Other 3600.00
Citigroup Inc. COM 172967101 3956 89915.00 SH Sole 3000.00 86915.00
Coca-Cola Co COM 191216100 483 10000.00 SH Sole 10000.00
Consolidated Natural Gas COM 209615103 639 10250.00 SH Sole 10250.00
437 7000.00 SH Other 7000.00
Crown Cork & Seal COM 228255105 5417223400.00 SH Sole 8000.00 215400.00
395 16300.00 SH Other 16300.00
Dominion Resources COM 257470104 496 11001.00 SH Sole 11001.00
149 3300.00 SH Other 3300.00
Dover Corp. COM 260003108 65 1600.00 SH Sole 1600.00
180 4400.00 SH Other 4400.00
Duke Power Co. COM 264399106 211 3826.00 SH Sole 3826.00
Dupont COM 263534109 2318 38306.00 SH Sole 1600.00 36706.00
666 11000.00 SH Other 11000.00
Emerson Electric COM 291011104 8820139580.00 SH Sole 7700.00 131880.00
613 9700.00 SH Other 9700.00
Enron COM 293561106 242 5894.00 SH Sole 5894.00
Exxon COM 302290101 2458 32340.00 SH Sole 1200.00 31140.00
911 11990.00 SH Other 11990.00
FirstMerit Corp COM 337915102 2266 89316.00 SH Sole 89316.00
Ford Motor Co. COM 345370100 186 3700.00 SH Sole 3700.00
50 1000.00 SH Other 1000.00
GTE Corp. COM 362320103 2787 36256.00 SH Sole 100.00 36156.00
331 4300.00 SH Other 4300.00
General Electric COM 369604103 29503248841.00 SH Sole 15400.00 233441.00
4309 36340.00 SH Other 36340.00
General Motors COM 370442105 214 3400.00 SH Sole 3400.00
38 600.00 SH Other 600.00
Halliburton Co COM 406216101 353 8600.00 SH Sole 100.00 8500.00
324 7900.00 SH Other 7900.00
Harris Corp COM 413875105 8058291685.00 SH Sole 15000.00 276685.00
691 25000.00 SH Other 25000.00
Hewlett Packard COM 428236103 13313146700.00 SH Sole 6100.00 140600.00
1897 20900.00 SH Other 20900.00
IBM COM 459200101 1694 14000.00 SH Sole 1600.00 12400.00
339 2800.00 SH Other 2800.00
ICN Pharmaceuticals COM 448924100 2903168900.00 SH Sole 13500.00 155400.00
34 2000.00 SH Other 2000.00
Intel Corp COM 458140100 7290 98100.00 SH Sole 3200.00 94900.00
163 2200.00 SH Other 2200.00
Johnson & Johnson COM 478160104 332 3614.00 SH Sole 3614.00
566 6160.00 SH Other 6160.00
May Department Store COM 577778103 370 10155.00 SH Sole 10155.00
McDonald's Corp COM 580135101 1278 29560.00 SH Sole 160.00 29400.00
303 7000.00 SH Other 7000.00
Merck & Co Inc COM 589331107 849 13100.00 SH Sole 13100.00
648 10000.00 SH Other 10000.00
Microsoft Corp. COM 594918104 299 3300.00 SH Sole 3300.00
Minnesota Mining & Manufacturi COM 604059105 8045 83750.00 SH Sole 4100.00 79650.00
548 5700.00 SH Other 5700.00
Mobil Corp. COM 607059102 4786 47500.00 SH Sole 1350.00 46150.00
645 6400.00 SH Other 6400.00
Monsanto COM 611662107 767 21500.00 SH Sole 21500.00
557 15600.00 SH Other 15600.00
PPG Industries COM 693506107 3252 54200.00 SH Sole 1500.00 52700.00
60 1000.00 SH Other 1000.00
PepsiCo Inc. COM 713448108 7297239245.00 SH Sole 13700.00 225545.00
613 20100.00 SH Other 20100.00
Pfizer COM 717081103 2293 63920.00 SH Sole 63920.00
1302 36300.00 SH Other 36300.00
Philip Morris COM 718154107 4500131620.00 SH Sole 16500.00 115120.00
1399 40911.00 SH Other 40911.00
Procter & Gamble Co COM 742718109 424 4524.00 SH Sole 4524.00
150 1600.00 SH Other 1600.00
Reliant Energy Inc. COM 493 18200.00 SH Sole 18200.00
SBC Communications COM 78387G103 868 17000.00 SH Sole 17000.00
368 7200.00 SH Other 7200.00
Southern Company COM 842587107 412 16000.00 SH Sole 16000.00
SunTrust Banks Inc COM 867914103 143 2180.00 SH Sole 2180.00
92 1400.00 SH Other 1400.00
Teco Energy Inc. COM 872375100 1521 72000.00 SH Sole 72000.00
42 2000.00 SH Other 2000.00
Teleflex Inc. COM 879369106 9942252101.00 SH Sole 6720.00 245381.00
773 19600.00 SH Other 19600.00
Texaco Inc. COM 881694103 63 1000.00 SH Sole 1000.00
152 2400.00 SH Other 2400.00
Thermo Electron Corp COM 883556102 1310 97521.00 SH Sole 7235.00 90286.00
181 13462.00 SH Other 13462.00
U S West Inc (New) COM 91273H101 474 8300.00 SH Sole 8300.00
Utilicorp United COM 918005109 470 22300.00 SH Sole 22300.00
32 1500.00 SH Other 1500.00
Warner Lambert Company COM 934488107 3285 49490.00 SH Sole 4000.00 45490.00
398 6000.00 SH Other 6000.00
REPORT SUMMARY 124 DATA RECORDS 274526 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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