UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12-31-99
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 1-26-2000
[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: 37
Form 13F Information Table Value Total: 216,646
List of Other Included Managers:
NONE
<PAGE>
<TABLE>
NAME OF ISSUER TITLE OF CUSIP VALUE SHARES INV OTH. VOTING
CLASS (x$1000) DISC MGRS AUTH
<C> <C>
ALZA COM 022615108 277 8,000 SOLE SOLE
AMERICAN GENERAL COM 026351106 8,574 113,000 SOLE SOLE
CBS CORPORATION COM 12490K107 18,502 289,370 SOLE SOLE
CARDINAL HEALTH INC. COM 14149Y108 16,505 344,750 SOLE SOLE
CATHERINE STORES COM 14916F100 735 35,000 SOLE SOLE
CHEVRON CORP COM 166751107 208 2,400 SOLE SOLE
CK WITCO CORP COM 12562C108 10,869 812,620 SOLE SOLE
CLARIFY INC. COM 180492100 584 4,600 SOLE SOLE
CLOROX CO. DEL. COM 189054109 14,760 293,000 SOLE SOLE
EXXON MOBIL COM 30231G102 634 7,868 SOLE SOLE
FEDERAL HOME LOAN MORT COM 313400301 20,079 426,640 SOLE SOLE
FEDERAL NATIONAL MORT COM 313586109 350 5,600 SOLE SOLE
GARTNER GROUP CLA 366651107 4,156 272,500 SOLE SOLE
ISOCOR COM 464902105 835 19,200 SOLE SOLE
JOHN NUVEEN CO. CLA 478035108 3,651 101,250 SOLE SOLE
LIZ CLAIBORNE INC. COM 539320101 13,825 367,450 SOLE SOLE
MMI COMPANIES INC. COM 553087107 561 65,000 SOLE SOLE
MAPQUEST.COM INC. COM 565644101 455 20,000 SOLE SOLE
MCDONALDS CORP. COM 580135101 3,493 86,650 SOLE SOLE
ONTRACK DATA INT'L COM 683372106 501 41,500 SOLE SOLE
PRIME BANCSHARES COM 74157H108 715 29,800 SOLE SOLE
PROGRESSIVE CORP. COM 743315103 8,823 120,650 SOLE SOLE
SBC COMMUNICATIONS COM 78387G103 261 5,351 SOLE SOLE
SAFEWAY COM 786514208 837 23,400 SOLE SOLE
SEALED AIR CORP. COM 81211K100 22,082 426,200 SOLE SOLE
SEALED AIR PREFERRED A PFDCV 81211K209 10,095 199,900 SOLE SOLE
SOFTWORKS INC. PFDCV 83404P102 214 22,000 SOLE SOLE
SPECTRAN CORP. PFDCV 847598109 136 15,300 SOLE SOLE
STRYKER CORP. COM 863667101 13,034 187,200 SOLE SOLE
TJ INT'L INC. COM 872534102 269 6,400 SOLE SOLE
WELLS FARGO & CO. COM 949746101 26,083 645,027 SOLE SOLE
HEALTH CARE PROPERTIES SUBDEB 004708431 243 250,000 SOLE SOLE
6% DUE 00
OLSTEN CORP. SUBDEB 74763LAA3 1,850 2,000,000 SOLE SOLE
4.75% DUE 00
LAM RESEARCH SUBDEB 512807AC2 10,576 7,727,000 SOLE SOLE
5% DUE 02
PEP BOYS SUBDEB 713278AJ8 1,874 3,545,000 SOLE SOLE
0% DUE 11
</TABLE>
SM\4901\001\1083973.01
