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: Armstrong Shaw Associates Inc.
Address: 32 Threadneedle Lane
Stamford, CT 06902
13F File Number: 28-6126
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: Monica C. Grady
Title: Secretary/Treasurer
Phone: 203-356-0284
Signature, Place, and Date of Signing:
Monica C. Grady Stamford, Connecticut November 5, 1999
Report Type (Check only one.):
[X] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT
OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 106
Form 13F Information Table Value Total: $491,832
List of Other Included Managers:
No. 13F File Number Name
None
<TABLE>
<C>
<C>
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
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Abbott Labs
Common
002824100
11699
318905
SH
SOLE
318905
0
0
AK Steel Holding Corp.
Common
001547908
22921
1255950
SH
SOLE
1255950
0
0
Alleghany Corp. Del
Common
017175100
11162
63065
SH
SOLE
63065
0
0
Allied Signal Inc.
Common
019512102
14417
240535
SH
SOLE
240535
0
0
American Home Products Corp.
Common
026609107
15124
364442
SH
SOLE
364442
0
0
American Intl. Group Inc.
Common
026874107
4195
48257
SH
SOLE
48257
0
0
Anheuser Busch Companies Inc.
Common
035229103
504
7200
SH
SOLE
7200
0
0
Associates First CAP
Class A
046008108
985
27360
SH
SOLE
27360
0
0
AT&T Corp.
Common
001957109
15451
355203
SH
SOLE
355203
0
0
AT&T Corp. - Liberty Media Group
Common Series A
001957208
12208
327204
SH
SOLE
327204
0
0
Automatic Data Process
Common
053015103
1329
29772
SH
SOLE
29772
0
0
BP Amoco PLC
Sponsored ADR
055622104
307
2766
SH
SOLE
2766
0
0
Bank of New York
Common
064057102
1652
49400
SH
SOLE
49400
0
0
BankAmerica Corp.
Common
066050105
739
13276
SH
SOLE
13276
0
0
Bell Atlantic Corporation
Common
077853109
862
12812
SH
SOLE
12812
0
0
Berkshire Hathaway Inc. Del
Class A
084670108
715
13
SH
SOLE
13
0
0
Berkshire Hathaway Inc. Del
Class B
084670207
12669
6826
SH
SOLE
6826
0
0
Bristol Myers Squibb Co.
Common
110122108
4097
60700
SH
SOLE
60700
0
0
CBS Inc.
Common
12490K107
14331
309869
SH
SOLE
309869
0
0
Caterpillar Inc.
Common
149123101
219
4000
SH
SOLE
4000
0
0
Chase Manhattan Bank
Common
16161A108
22986
304961
SH
SOLE
304961
0
0
Chevron Corp.
Common
166751107
497
5600
SH
SOLE
5600
0
0
Cigna Corp.
Common
125509109
608
7815
SH
SOLE
7815
0
0
Citigroup, Inc.
Common
172967101
16444
373723
SH
SOLE
373723
0
0
Colgate Palmolive Co.
Common
194162103
3294
71990
SH
SOLE
71990
0
0
Comcast Corp.
Class A Spl.
200300200
18613
466787
SH
SOLE
466787
0
0
Conoco Inc.
Class B
208251405
590
21556
SH
SOLE
21556
0
0
Cordant Technologies Inc.
Common
218412104
5891
193545
SH
SOLE
193545
0
0
Dana Corp.
Common
235811106
460
12400
SH
SOLE
12400
0
0
Devon Energy Corp.
Common
251799102
1260
30400
SH
SOLE
30400
0
0
Dupont De Nemours & Co.
Common
263534109
639
10555
SH
SOLE
10555
0
0
EMC Corporation Mass.
Common
268648102
258
3608
SH
SOLE
3608
0
0
Eastman Kodak Co.
Common
277461109
3346
44240
SH
SOLE
44240
0
0
Electronic Data Systems New
Common
285661104
719
13590
SH
SOLE
13590
0
0
Emerson Electric Co.
Common
291011104
4073
64461
SH
SOLE
64461
0
0
Exxon Corporation
Common
302290101
965
12696
SH
SOLE
12696
0
0
Federal Home Loan Mtg. Corp.
Common
313400301
13534
260261
SH
SOLE
260261
0
0
Federal National Ntg. Assn.
Common
313586109
8980
143255
SH
SOLE
143255
0
0
First Data Corp.
Common
319963104
14137
322215
SH
SOLE
322215
0
0
Fleet Financial Group
Common
338915101
388
10600
SH
SOLE
10600
0
0
Ford Motor Co.
Common
345370100
647
12869
SH
SOLE
12869
0
0
GTE Corp.
Common
326320103
1807
23507
SH
SOLE
23507
0
0
Gannett Inc.
Common
364730101
16514
238685
SH
SOLE
238685
0
0
General Electric
Common
369604103
15153
127803
SH
SOLE
127803
0
0
General Motors Corp.
Common
370442105
9432
149868
SH
SOLE
149868
0
0
Goldman Sachs Group Inc.
Common
38141G104
702
11500
SH
SOLE
11500
0
0
Gtech Holdings
Common
400518106
1522
71010
SH
SOLE
71010
0
0
Halliburton Co.
Common
406216101
1025
25000
SH
SOLE
25000
0
0
Harman International Industries Inc.
Common
413086109
9733
231395
SH
SOLE
231395
0
0
Hewlett Packard Inc.
Common
428236103
1454
16020
SH
SOLE
16020
0
0
Home Depot Inc.
Common
437076102
670
9766
SH
SOLE
9766
0
0
INSO Corp.
Common
457674109
160
20000
SH
SOLE
20000
0
0
Infinity Broadcasting Corp.
Class A New
45662S102
2002
68290
SH
SOLE
68290
0
0
Intel Corp.
Common
458140100
250
3368
SH
SOLE
3368
0
0
International Business Machines
Common
459200101
17894
147886
SH
SOLE
147886
0
0
Johnson & Johnson
Common
478160104
2247
24459
SH
SOLE
24459
0
0
Jones Apparel Group Inc.
Common
480074103
12546
436380
SH
SOLE
436380
0
0
Lilly Eli & Co.
Common
532457108
539
8400
SH
SOLE
8400
0
0
Lucent Technologies Inc.
Common
549463107
573
8826
SH
SOLE
8826
0
0
MGIC Investment Corp. Wisconsin
Common
552848103
2812
58890
SH
SOLE
58890
0
0
Marriot International Inc.
Class A
571900109
1875
57360
SH
SOLE
57360
0
0
MediaOne Group, Inc.
Common
58440J104
2473
36205
SH
SOLE
36205
0
0
Merck & Co., Inc.
Common
589331107
1201
18530
SH
SOLE
18530
0
0
Microsoft Corp.
Common
594918104
364
4020
SH
SOLE
4020
0
0
Minnesota Mining & Manufacturing Co.
Common
604059105
267
2800
SH
SOLE
2800
0
0
Nabors Industries Inc.
Common
629568106
500
20000
SH
SOLE
20000
0
0
National Techteam Inc.
Common
638108100
185
40000
SH
SOLE
40000
0
0
New England Community Bancorp Inc.
Class A
643890106
260
10000
SH
SOLE
10000
0
0
PMI Group Inc.
Common
69344M101
2913
71265
SH
SOLE
71265
0
0
Payless ShoeSource Inc.
Common
704379106
12255
242680
SH
SOLE
242680
0
0
Pepsico Inc.
Common
713448108
11324
371276
SH
SOLE
371276
0
0
Pfizer Inc.
Common
717081103
3121
87010
SH
SOLE
87010
0
0
PrimeEnergy Corp.
Common
74158E108
123
25000
SH
SOLE
25000
0
0
Prizon Realty Trust Inc.
Common
74264N105
160
14875
SH
SOLE
14875
0
0
Proctor & Gamble Co.
Common
742718109
6215
66298
SH
SOLE
66298
0
0
Quadrex Corp.
Common
747309102
13
10000
SH
SOLE
10000
0
0
Quaker Oats Co.
Common
747402105
446
7200
SH
SOLE
7200
0
0
Royal Dutch Petroleum Co.
NY Reg Gldr 5
780257705
1239
20980
SH
SOLE
20980
0
0
SBC Communications
Common
78387G103
615
12046
SH
SOLE
12046
0
0
SLM Holding Corp.
Common
78442A109
10025
233146
SH
SOLE
233146
0
0
Santa Fe Snyder Corp.
Common
80218K105
1043
115900
SH
SOLE
115900
0
0
Schering Plough Corp.
Common
806605101
4581
104998
SH
SOLE
104998
0
0
Schlumberger Ltd.
Common
806857108
1076
17265
SH
SOLE
17265
0
0
Sherwin Williams Co.
Common
824348106
2886
137860
SH
SOLE
137860
0
0
Smithkline Beecham PLC
ADR Rep Ord
832378301
1386
24050
SH
SOLE
24050
0
0
Sun Microsystems
Common
866810104
260
2800
SH
SOLE
2800
0
0
Texaco Inc.
Common
881694103
14690
232705
SH
SOLE
232705
0
0
Time Warner Inc.
Common
887315109
3474
57189
SH
SOLE
57189
0
0
Toys R Us Inc.
Common
892335100
165
11005
SH
SOLE
11005
0
0
U.S. Airways Group Inc.
Common
911905107
491
18700
SH
SOLE
18700
0
0
Ucar International Inc.
Common
90262K109
3290
144200
SH
SOLE
144200
0
0
Unilever N.V.
NY Shares
904784501
9822
144184
SH
SOLE
144184
0
0
The Walt Disney Company
Common
254687106
393
15109
SH
SOLE
15109
0
0
Waste Management, Inc. New
Common
94106K101
1738
90270
SH
SOLE
90270
0
0
Western Resources Inc.
Common
959425109
6289
294240
SH
SOLE
294240
0
0
XL Capital Ltd.
Class A
982551056
13243
294279
SH
SOLE
294279
0
0
Xerox Corp.
Common
984121103
7246
172780
SH
SOLE
172780
0
0
Blackrock Advantage Term Tr
Common
09247A101
125
14000
SH
SOLE
14000
0
0
Blackrock Investment Quality
Common
09247D105
513
38000
SH
SOLE
38000
0
0
Dreyfus Strategic Government Income
Common
261938104
427
52200
SH
SOLE
52200
0
0
Muniyield Insured Fund Inc.
Common
62630E107
752
57000
SH
SOLE
57000
0
0
Nuveen Insured Municipal Opportunity Fund
Common
670984103
500
36000
SH
SOLE
36000
0
0
Nuveen Premium Income Municipal 4
Common
6706K4105
186
15000
SH
SOLE
15000
0
0
Nuveen Select Tax-Free Income Portfolio
Sh Ben Int
67062F100
433
30000
SH
SOLE
30000
0
0
Van Kampen Am Cap Advantage
Sh Ben Int
92112K107
160
14100
SH
SOLE
14100
0
0
Van Kampen Am Cap Municipal Opportunity
Common
920935103
139
10000
SH
SOLE
10000
0
0
</TABLE>
