UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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: Gratry & Company
Business Address: 1375 East Ninth Street, Suite 1930
City: Cleveland
State: OH
Zip: 44114
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, and 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 managing:
Name: Jerome R. Gratry
Title: Managing Director
Phone: 216-589-9094
Signature, Place, and Date of Signing:
Jerome R. Gratry Cleveland, Ohio August 13, 1999
Report Type (Check only one.):
[ x ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager: None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 125
Form 13F Information Table Value Total: 383242
List of Other Included Managers: None
<PAGE>
<TABLE>
FORM 13F
INFORMATION TABLE
VALUE SHARES/ SH/
PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN
CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C> <C>
Aegon ADR ADR 007924103 291 3931 SH
SOLE 3931 0
Air Products & Chem. COM 009158106 695 17280 SH
SOLE 7240 9815
Akzo Nobel ADR (akzoy) ADR 010199305 7864 185580 SH
SOLE 132045 53535
Albertson's COM 013104104 316 6135 SH
SOLE 4340 1795
Alcatel ADR ADR 013904305 5187 182804 SH
SOLE 135054 47750
American Express COM 025816109 2358 18117 SH
SOLE 9527 8440
American Intl. Group COM 026874107 2754 23487 SH
SOLE 11421 11910
AMX Spanish Web ADR 92923H830 758 27243
SH SOLE 27103 140
Anadarko COM 032511107 342 9295 SH
SOLE 0 9295
Asia Pulp & Paper COM 04516V100 11 1100 SH SOLE
1100 0
Asia Pulp & Paper (wts) ADR 04516V209 1 220 SH
SOLE 0 220
Astrazeneca COM 046353108 3 80 SH
SOLE 80 0
Automatic Data Processing COM 053015103 1024 23276 SH
SOLE 9486 13565
Axa ADR ADR 054536107 7193 115432 SH
SOLE 78352 37080
Banc One Corp. COM 06423A103 719 12065
SH SOLE 6242 5823
Banco Bilbao Viz ADR ADR 059458208 9751 666735 SH
SOLE 442556 222835
Bass Public LTD ADR ADR 069904209 2785 186441 SH
SOLE 122759 63682
Best Buy COM 086516101 1068 15816 SH
SOLE 11541 4275
BP Amoco ADR ADR 055622104 11476 105770 SH
SOLE 70456 35200
Bristol Myers COM 110122108 563 7996 SH
SOLE 7876 120
British Airways ADR ADR 110419306 4877 68259 SH
SOLE 45959 22300
British Telecom ADR ADR 111021408 11561 67509 SH
SOLE 47134 20375
Broken Hill Prop ADR ADR 112169602 2160 90939 SH
SOLE 65816 25123
Cadbury Schwep. ADR ADR 127209302 7537 283056 SH
SOLE 198979 84077
Canon ADR (canny) ADR 138006309 9771 335490 SH
SOLE 230145 104799
Carlton Communications COM 142872209 51 1180 SH
SOLE 610 570
Charter One Financial COM 160903100 392 14106 SH
SOLE 2381 11725
Cheung Kong ADR (cheuy) ADR 166744201 172 19345 SH
SOLE 11845 7500
Cintas Corp. COM 172908105 1446 21520 SH
SOLE 8550 12601
Cisco Systems COM 17275R102 4765 73940 SH
SOLE 27828 45146
Cleveland Indians Baseball COM 186202107 2 100 SH
SOLE 100 0
Commerzbank AG ADR (crzby) ADR 202597308 1297 42965 SH
SOLE 19100 23865
Daimlerchrysler AG ORD ADR D1668R123 8709 97861 SH
SOLE 65417 32444
Deutsche Bank ADR (dtbky) ADR 251525309 5089 85519 SH
SOLE 63383 22136
Development Bank of Singapore ADR 251594305 2365 48574 SH
SOLE 38935 9639
Diageo PLC ADR ADR 25243Q205 5437 126449
SH SOLE 86620 39829
Eaton Corporation COM 278058102 1417 15405 SH
SOLE 9115 6188
Electricidade de Portugal ADR ADR 268353109 2863 79822 SH
SOLE 51707 28115
Elf Aquitaine ADR ADR 286269105 5395 73341 SH
SOLE 51141 22200
Elsevier NW Spon ADR ADR 290259100 3761 159184 SH
SOLE 115922 43262
Endesa SA ADR ADR 29258N107 6111 287592 SH
SOLE 187047 100062
ENI SPA ADR ADR 26874R108 6483 108055 SH
SOLE 77590 30465
Ericsson ADR (ericy) ADR 294821400 8697 264058 SH
SOLE 161681 102137
Exxon COM 302290101 635 8229 SH
SOLE 8000 229
Fuji Photo ADR (fujiy) ADR 359586302 4642 122168 SH
SOLE 79363 42805
Gannett COM 364730101 1614 22624 SH
SOLE 14004 8362
General Electric COM 369604103 3121 27622 SH
SOLE 18492 9130
Glaxo Wellcome ADR ADR 37733W105 6830 120623 SH
SOLE 80717 39906
Groupe Danone Sponsored ADR 399449107 3 55 SH
SOLE 55 0
GTE Corp. COM 362320103 299 3957 SH
SOLE 2547 1410
Halliburton COM 406216101 408 9010 SH
SOLE 5110 3900
Hershey Foods Corp. COM 427866108 311 5240 SH
SOLE 4240 1000
Hewlett Packard COM 428236103 3571 35528
SH SOLE 15064 20095
Hitachi ADR ADR 433578507 2554 27045 SH
SOLE 17440 9605
Home Depot COM 437076102 1093 16957 SH
SOLE 2472 14254
Honda Motor ADR ADR 438128308 375 4325
SH SOLE 3820 505
HSBC Hldgs Plc ADR (hsbhy) ADR 404280307 12201 33362 SH
SOLE 22761 10574
IBM COM 459200101 362 2800 SH
SOLE 2800 0
ING Groep N V Spon ADR ADR 456837103 5876 106838 SH
SOLE 75449 31389
Intel COM 458140100 2412 40542 SH
SOLE 21262 19097
Invacare COM 461203101 438 17520 SH
SOLE 10240 7280
Invensys ADR 461204109 700 73910 SH
SOLE 8340 65570
Ito Yokado ADR (iycoy) ADR 465714301 4895 72116 SH
SOLE 44932 27073
J.P. Morgan COM 616880100 1124 8000 SH
SOLE 2800 5107
Johnson & Johnson COM 478160104 1089 11120 SH
SOLE 4525 6469
Johnson Controls COM 478366107 1619 23367 SH
SOLE 13872 9378
Keycorp COM 493267108 680 21166 SH
SOLE 19350 1816
Konink Ahold Spon ADR ADR 500467303 10255 296168 SH
SOLE 196320 99848
Kyocera ADR ADR 501556203 1538 25651 SH
SOLE 15021 10630
Loreal ADR ADR 502117203 205 1515 SH
SOLE 1515 0
Lowes Companies Inc. COM 548661107 657 11584 SH
SOLE 9854 1730
Lucent Tech COM 549463107 4344 64416 SH
SOLE 28875 35019
Luxottica Group ADR 550688202 33 2125 SH
SOLE 575 1550
LVMH ADR (lvmhy) ADR 502441207 5734 95971 SH
SOLE 62356 33615
Mannesman ADR (mnnsy) ADR 563775303 16010 107012 SH
SOLE 75562 31450
Matsushita Elec. ADR ADR 576879209 341 1719 SH
SOLE 916 803
McDonalds Corp COM 580135101 220 5350
SH SOLE 3330 2020
Medtronic COM 585055106 1184 15199 SH
SOLE 10549 4650
Merck & Company COM 589331107 2437 33096
SH SOLE 17340 15756
Minn Mining Mfg. COM 604059105 1557 17907 SH
SOLE 9827 7990
Morgan Stan Dean Witter COM 617446448 1263 12305 SH
SOLE 5790 6365
Motorola COM 620076109 1302 13735 SH
SOLE 5135 8489
National Australia Bank COM 632525408 5 55 SH
SOLE 55 0
Nestle Sponsored ADR (nsrgy) ADR 641069406 8204 90931 SH
SOLE 65046 25885
Newell Rubbermaid Inc. COM 651192106 669 14425 SH
SOLE 6090 8101
Nippon Telegraph ADR ADR 654624105 8373 133710 SH
SOLE 96810 36900
Norsk Hydro ADR ADR 656531605 863 22545
SH SOLE 16050 6495
Novartis AG ADR (nvtsy) ADR 66987V109 8294 113411 SH
SOLE 77003 36408
Parametrics COM 699173100 162 11684 SH
SOLE 2990 8694
PepsiCo COM 713448108 365 9450 SH
SOLE 7605 1845
Pohang Iron & Steel ADR 730450103 260 7720 SH
SOLE 6605 1115
Procter & Gamble COM 742718109 1294 14500 SH
SOLE 5810 8522
Qlogic COM 747277101 317 2400 SH
SOLE 0 2400
Rank Group ADR (ranky) ADR 753037100 151 18817 SH
SOLE 18005 812
Repsol Sponsored ADR ADR 76026T205 640 31502 SH
SOLE 27692 3810
Rhone Poulenc ADR ADR 762426609 8868 191465 SH
SOLE 130188 61277
Roche ADR (rohhy) ADR 771195104 6268 60797 SH
SOLE 39205 21592
Schering Plough COM 806605101 2388 45500
SH SOLE 19360 25699
Schlumberger COM 806857108 1499 23535 SH
SOLE 13885 9503
Siemens A.G. ADR (smawy) ADR 826197402 8910 115500 SH
SOLE 79260 36240
Smithkline ADR A ADR 832378301 332 5030 SH
SOLE 4865 165
Sony Corp ADR ADR 835699307 11270 102114 SH
SOLE 69088 32858
Steris COM 859152100 332 17130 SH
SOLE 2230 14900
Stryker Corp COM 863667101 1148 19090 SH
SOLE 8860 9978
Sysco Corp COM 871829107 548 18368 SH
SOLE 13248 5120
TDK Corp ADR ADR 872351408 7171 77895 SH
SOLE 54210 23685
Telefonica ADR ADR 879382208 11220 76264
SH SOLE 50103 26161
Texas Instruments COM 882508104 2036 14139 SH
SOLE 7954 6071
Tokio Marine ADR (tkioy) ADR 889090403 1905 33932 SH
SOLE 20772 13160
Tomkins Spon ADR ADR 890030208 2439 133645 SH
SOLE 81805 51840
Total Sponsored ADR ADR 89151E109 4845 75189 SH
SOLE 48574 26615
Toyota Motor ADR (toyoy) ADR 892331307 5826 91035 SH
SOLE 55340 35458
TRW Inc. COM 872649108 670 12210 SH
SOLE 5220 6771
Unilever Spon ADR ADR 904784501 279 3996 SH
SOLE 1842 2154
United Newspapers PLC ADR 911202208 35 1800 SH
SOLE 1265 535
Vivendi Sponsored ADR (vvdiy) ADR 92851S105 6230 384152 SH
SOLE 276072 108080
Wal-Mart COM 931142103 1241 25720 SH
SOLE 3280 22062
Warner Lambert COM 934488107 473 6840
SH SOLE 0 6840
Westpac Bank ADR ADR 961214301 4440 133039 SH
SOLE 88619 44420
Willamette Inds. COM 969133107 365 7925 SH
SOLE 1450 6244
Williams Cos. COM 969457100 1916 45020 SH
SOLE 28537 16345
WMC Limited ADR ADR 928947100 1635 93388
SH SOLE 66653 26735
</TABLE>
