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: 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, corret 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 April 15, 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: 113
Form 13F Information Table Value Total: 438614
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>
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Air Products & Chem. COM 009158106 497 17010 SH
SOLE 17010
American Express COM 025816109 2637 19531 SH
SOLE 19531
American Intl. Group COM 026874107 2687 30911 SH
SOLE 30911
Anadarko COM 032511107 284 9295 SH
SOLE 9295
Automatic Data Processing COM 053015103 1188 26637 SH
SOLE 26637
Banc One Corp. COM 06423A103 400 11499 SH
SOLE 11499
Best Buy COM 086516101 1817 29319 SH
SOLE 29319
Bristol Myers COM 110122108 539 7996 SH
SOLE 7996
Charter One Financial COM 160903100 342 14809 SH
SOLE 14809
Cintas Corp. COM 172908105 1271 22000 SH
SOLE 22000
Cisco Systems COM 17275R102 4939 72042 SH
SOLE 72042
Eaton Corporation COM 278058102 1440 16682 SH
SOLE 16682
Exxon COM 302290101 625 8229 SH
SOLE 8229
GTE Corp. COM 362320103 310 4037 SH
SOLE 4037
Gannett COM 364730101 1698 24542 SH
SOLE 24542
General Electric COM 369604103 3407 28729 SH
SOLE 28729
Halliburton COM 406216101 379 9260 SH
SOLE 9260
Hershey Foods COM 427866108 255 5240 SH
SOLE 5240
Hewlett Packard COM 428236103 3328 36672 SH
SOLE 36672
Home Depot COM 437076102 1314 17357 SH
SOLE 17357
IBM COM 459200101 339 2800 SH
SOLE 2800
Intel COM 458140100 3127 42081 SH
SOLE 42081
Invacare COM 461203101 358 18320 SH
SOLE 18320
J.P. Morgan COM 616880100 932 8160 SH
SOLE 8160
Johnson & Johnson COM 478160104 1035 11270 SH
SOLE 11270
Johnson Controls COM 478366107 1660 25037 SH
SOLE 25037
Keycorp COM 493267108 543 21006 SH
SOLE 21006
Lowes Companies Inc. COM 548661107 663 13591 SH
SOLE 13591
Lucent Tech COM 549463107 4312 66467 SH
SOLE 66467
McDonalds Corp COM 580135101 231 5350 SH
SOLE 5350
Medtronic COM 585055106 1128 31716 SH
SOLE 31716
Merck & Company COM 589331107 2255 34799 SH
SOLE 34799
Minn Mining Mfg. COM 604059105 1837 19132 SH
SOLE 19132
Morgan Stan Dean Witter COM 617446448 1264 14167 SH
SOLE 14167
Motorola COM 620076109 1237 14055 SH
SOLE 14055
Newell Rubbermaid Inc. COM 651192106 419 14665 SH
SOLE 14665
Parametrics COM 699173100 158 11684 SH
SOLE 11684
PepsiCo COM 713448108 303 9930 SH
SOLE 9930
Procter & Gamble COM 742718109 1456 15531 SH
SOLE 15531
Qlogic Corp. COM 747277101 279 4000 SH
SOLE 4000
Schering Plough COM 806605101 2010 46080 SH
SOLE 46080
Schlumberger COM 806857108 1541 24729 SH
SOLE 24729
Steris COM 859152100 236 17130 SH
SOLE 17130
Stryker Corp COM 863667101 1000 19570 SH
SOLE 19570
Sysco Corp COM 871829107 644 18368 SH
SOLE 18368
TRW Inc. COM 872649108 576 11565 SH
SOLE 11565
Texas Instruments COM 882508104 2426 29493 SH
SOLE 29493
Wal-Mart COM 931142103 1223 25720 SH
SOLE 25720
Warner Lambert COM 934488107 454 6840 SH
SOLE 6840
Willamette Inds. COM 969133107 342 7925 SH
SOLE 7925
Williams Cos. COM 969457100 1852 49207 SH
SOLE 49207
BP Amoco ADR ADR 055622104 12809 115592 SH
SOLE 112927
Bass Public LTD ADR ADR 069904209 2282 181600 SH
SOLE 172899
British Airways ADR ADR 110419306 4918 86095 SH
SOLE 84655
British Telecom ADR ADR 111021408 11649 75185 SH
SOLE 73347
Cadbury Schwep. ADR ADR 127209302 9316 336689 SH
SOLE 330159
Diageo PLC ADR ADR 25243Q205 6306 152186 SH
SOLE 150464
Glaxo Wellcome ADR ADR 37733W105 7477 143789 SH
SOLE 140269
Invensys (ivnsy) ADR 461204109 5328 549996 SH
SOLE 535356
Rank Group ADR (ranky) ADR 753037100 132 18817 SH
SOLE 18817
Smithkline ADR A ADR 832378301 297 5150 SH
SOLE 5150
Tomkins Spon ADR ADR 890030208 2162 127210 SH
SOLE 122735
Commerzbank AG ADR (crzby) ADR 202597308 1473 39065 SH
SOLE 34830
Daimlerchrysler AG ORD ADR D1668R123 8225 118457 SH
SOLE 116177
Deutsche Bank ADR (dtbky) ADR 251525309 6722 103811 SH
SOLE 103116
Mannesman ADR (mnnsy) ADR 563775303 17641 112683 SH
SOLE 110268
Siemens A.G. ADR (smawy) ADR 826197402 10974 134281 SH
SOLE 131016
Alcatel ADR ADR 013904305 6978 251484 SH
SOLE 247969
Axa ADR ADR 054536107 8980 140727 SH
SOLE 139092
Elf Aquitaine ADR ADR 286269105 6456 70464 SH
SOLE 69694
LVMH ADR (lvmhy) ADR 502441207 5663 94380 SH
SOLE 92591
Rhone Poulenc ADR ADR 762426609 10827 211260 SH
SOLE 205735
Total Fina Sa Sponsored ADR ADR 89151E109 5366 84596 SH
SOLE 81171
Vivendi Sponsored ADR (vvdiy) ADR 92851S105 6401 455377 SH
SOLE 444698
Aegon ADR ADR 007924103 337 3896 SH
SOLE 3896
Akzo Nobel ADR (akzoy) ADR 010199305 8913 208490 SH
SOLE 203090
Elsevier NW Spon ADR ADR 290259100 2953 143209 SH
SOLE 139409
ING Groep N V Spon ADR ADR 456837103 7307 133470 SH
SOLE 131660
Konink Ahold Spon ADR ADR 500467303 10929 329950 SH
SOLE 321282
Unilever N V -NY Shares ADR 904784709 277 4058 SH
SOLE 3862
Nestle Sponsored ADR (nsrgy) ADR 641069406 9763 103728 SH
SOLE 101543
Novartis AG ADR (nvtsy) ADR 66987V109 9567 128973 SH
SOLE 125941
Roche ADR (rohhy) ADR 771195104 8130 70334 SH
SOLE 68566
Ericsson ADR (ericy) ADR 294821400 8717 278924 SH
SOLE 272729
Norsk Hydro ADR ADR 656531605 913 21230 SH
SOLE 19720
AMX Spanish Web ADR 92923H830 757 30288 SH
SOLE 30288
Banco Bilbao Viz ADR ADR 059458208 9737 745353 SH
SOLE 724723
Endesa SA ADR ADR 29258N107 6732 352008 SH
SOLE 344113
Repsol Sponsored ADR ADR 76026T205 577 28928 SH
SOLE 28223
Telefonica ADR ADR 879382208 12114 252361 SH
SOLE 244059
ENI SPA ADR ADR 26874R108 9274 147213 SH
SOLE 145003
Cemex SA- Sponsored ADR ADR 151290889 216 8964 SH
SOLE 8964
Electricidade de Portugal ADR ADR 268353109 2535 80489 SH
SOLE 79319
Canon ADR (canny) ADR 138006309 11023 372107 SH
SOLE 364392
Fuji Photo ADR (fujiy) ADR 359586302 3985 117838 SH
SOLE 116428
Hitachi ADR ADR 433578507 4880 44722 SH
SOLE 43272
Honda Motor ADR ADR 438128308 358 4380 SH
SOLE 4380
Ito Yokado ADR (iycoy) ADR 465714301 7475 92280 SH
SOLE 91025
Kyocera ADR ADR 501556203 2229 32665 SH
SOLE 31155
Matsushita Elec. ADR ADR 576879209 341 1632 SH
SOLE 1501
Mitsubishi Bank ADR ADR 065379109 1502 98109 SH
SOLE 97699
Nippon Telegraph ADR ADR 654624105 11040 178967 SH
SOLE 176762
Sony Corp ADR ADR 835699307 16724 111442 SH
SOLE 108902
TDK Corp ADR ADR 872351408 8764 75355 SH
SOLE 73390
Tokio Marine ADR (tkioy) ADR 889090403 1897 32992 SH
SOLE 31787
Toyota Motor Corp.- Spon ADR ADR 892331307 7886 126430 SH
SOLE 123595
Pohang Iron & Steel ADR ADR 730450103 952 30417 SH
SOLE 30417
Cheung Kong ADR (cheuy) ADR 166744201 160 19185 SH
SOLE 19185
HSBC Hldgs Plc ADR (hbc) ADR 404280406 12750 219589 SH
SOLE 214072
Dbs Bank Ltd. (dbsdy) ADR 23304Y100 4336 97439 SH
SOLE 95531
Broken Hill Prop ADR ADR 112169602 2030 87335 SH
SOLE 82632
WMC Limited ADR ADR 928947100 1814 89035 SH
SOLE 84170
Westpac Bank ADR ADR 961214301 5141 167201 SH
SOLE 166556
</TABLE>
