UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 6-30-99
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: McDonald Capital Investors, Inc.
Address: One Maritime Plaza, Suite 1300
San Francisco, CA 94111
Form 13F File Number: 28-6004
The institutional investment manager filing this report and the person by
whom it is signed hereby represent 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: Andrew J. McDonald
Title: President
Phone: 415-981-5401
Signature, Place and Date of Signing:
Andrew J. McDonald San Francisco, CA 7-26-99
[Signature] [City, State] [Date]
Report Type (Check only one.):
XXX 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
___ 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
___ 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: -0-
Form 13F Information Table Entry Total: 38
Form 13F Information Table Value Total: 225,539,073
List of Other Included Managers:
NONE
<PAGE>
<TABLE>
NAME OF ISSUER CLASS CUSIP VALUE SHARES DISC OTH AUTH
MGR
<C> <C>
AMERICAN GENERAL COM 026351106 8,517,375 113,000 SOLE SOLE
BANDAG INC. CLA 059815308 4,000,781 142,250 SOLE SOLE
CBS CORPORATION COM 12490K107 11,966,270 274,692 SOLE SOLE
CAMPBELL SOUP CORP COM 134429109 6,406,706 138,150 SOLE SOLE
CARDINAL HEALTH INC. COM 14149Y108 6,114,319 95,350 SOLE SOLE
CHEVRON CORP COM 166751107 228,150 2,400 SOLE SOLE
CLOROX CO. DEL. COM 189054109 9,226,998 86,385 SOLE SOLE
COLTEC INDUSTREIS COM 196879100 466,281 21,500 SOLE SOLE
CROMPTON & KNOWLES COM 227111101 15,410,431 780,275 SOLE SOLE
EXCITE@HOME COM 045919107 809,170 15,002 SOLE SOLE
EXXON COM 302290101 645,382 8,368 SOLE SOLE
FEDERAL HOME LOAN MORT COM 313400301 21,993,600 379,200 SOLE SOLE
FEDERAL NATIONAL MORT COM 313586109 382,200 5,600 SOLE SOLE
GARTNER GROUP CLA 366651107 4,225,050 206,100 SOLE SOLE
HACH CLA 404504201 770,212 43,700 SOLE SOLE
JOHN NUVEEN CO. CLA 478035108 6,531,187 153,000 SOLE SOLE
KING WORLD PRODUCTIONS COM 495667107 1,002,600 28,800 SOLE SOLE
LEVEL ONE COMMUNICATNS COM 527295109 1,223,437 25,000 SOLE SOLE
LIZ CLAIBORNE INC. COM 539320101 12,410,000 340,000 SOLE SOLE
MARCAM SOLUTIONS COM 56614A107 298,750 40,000 SOLE SOLE
MCDONALDS CORP. COM 580135101 4,560,762 110,900 SOLE SOLE
MCKESSON HBOC INC. COM 58155Q103 4,223,000 131,200 SOLE SOLE
NETWORK ASSOCIATES COM 640938106 729,969 49,700 SOLE SOLE
OLSTEN CORP. COM 681385100 2,912,903 461,450 SOLE SOLE
PROGRESSIVE CORP. COM 743315103 2,276,500 15,700 SOLE SOLE
SCHERING PLOUGH COM 806605101 237,300 4,520 SOLE SOLE
SEALED AIR CORP. COM 81211K100 27,377,250 422,000 SOLE SOLE
SEALED AIR PREFERRED A PFDCV 81211K209 10,075,000 161,200 SOLE SOLE
STRYKER CORP. COM 863667101 4,539,437 75,500 SOLE SOLE
WELLS FARGO & CO. COM 949746101 27,812,295 650,580 SOLE SOLE
HEALTH CARE PROPERTIES SUBDEB 004708431 244,063 250,000 SOLE SOLE
6% DUE 00
OLSTEN CORP. SUBDEB 74763LAA3 503,250 550,000 SOLE SOLE
4.75% DUE 00
CYPRESS SEMICONDUCTOR SUBDEB 232806AB5 343,875 350,000 SOLE SOLE
6% DUE 02
CYPRESS SEMICONDUCTOR SUBDEB 232806AD1 8,960,400 9,120,000 SOLE SOLE
6% DUE 02
LAM RESEARCH SUBDEB 512807AB4 1,729,000 1,900,000 SOLE SOLE
5% DUE 02
LAM RESEARCH SUBDEB 512807AC2 14,388,920 15,812,000 SOLE SOLE
5% DUE 02
PLATINUM TECHNOLOGIES SUBDEB 72764TAD3 998,125 1,000,000 SOLE SOLE
6.25% DUE 12/15/02
VLSI TECHNOLOGY SUBDEB 918270AB5 998,125 1,000,000 SOLE SOLE
8.25% DUE 10/01/05
</TABLE>
