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: 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 August 6, 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: 100
Form 13F Information Table Value Total: $438,881
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
7797
171845
SH
SOLE
171845
0
0
AK Steel Holding Corp.
Common
001547908
9112
404990
SH
SOLE
404990
0
0
Alleghany Corp. Del
Common
017175100
9919
53614
SH
SOLE
53614
0
0
Allied Signal Inc.
Common
019512102
11958
189810
SH
SOLE
189810
0
0
American Home Products Corp.
Common
026609107
11749
204777
SH
SOLE
204777
0
0
American Intl. Group Inc.
Common
026874107
4956
42272
SH
SOLE
42272
0
0
Anadarko Petroleum Corp.
Common
032511107
497
13500
SH
SOLE
13500
0
0
Anheuser Busch Companies Inc.
Common
035229103
511
7200
SH
SOLE
7200
0
0
Armco Inc.
Common
042170100
14156
2136695
SH
SOLE
2136695
0
0
Associates First CAP
Class A
046008108
1198
27152
SH
SOLE
27152
0
0
AT&T Corp.
Common
001957109
17462
312874
SH
SOLE
312874
0
0
AT&T Corp. - Liberty Media Group
Common Series A
001957208
4330
117812
SH
SOLE
117812
0
0
Automatic Data Process
Common
053015103
1297
29482
SH
SOLE
29482
0
0
BP Amoco PLC
Sponsored ADR
055622104
300
2000
SH
SOLE
2000
0
0
Bank of New York
Common
064057102
1812
49400
SH
SOLE
49400
0
0
BankAmerica Corp.
Common
066050105
973
13276
SH
SOLE
13276
0
0
Bell Atlantic Corporation
Common
077853109
838
12812
SH
SOLE
12812
0
0
Berkshire Hathaway Inc. Del
Class A
084670108
896
13
SH
SOLE
13
0
0
Berkshire Hathaway Inc. Del
Class B
084670207
11744
5243
SH
SOLE
5243
0
0
Bestfoods
Common
08658U101
220
4450
SH
SOLE
4450
0
0
Bristol Myers Squibb Co.
Common
110122108
4686
66530
SH
SOLE
66530
0
0
CBS Inc.
Common
12490K107
10497
240964
SH
SOLE
240964
0
0
Chase Manhattan Bank
Common
16161A108
22766
263188
SH
SOLE
263188
0
0
Chevron Corp.
Common
166751107
532
5600
SH
SOLE
5600
0
0
Chris-Craft Industries
Common
170520100
4437
94158
SH
SOLE
94158
0
0
Cigna Corp.
Common
125509109
696
7815
SH
SOLE
7815
0
0
Citigroup, Inc.
Common
172967101
15220
320430
SH
SOLE
320430
0
0
Colgate Palmolive Co.
Common
194162103
4511
45800
SH
SOLE
45800
0
0
Comcast Corp.
Class A Spl.
200300200
14508
377442
SH
SOLE
377442
0
0
Computer Science Corp.
Common
205363104
802
11590
SH
SOLE
11590
0
0
Cordant Technologies Inc.
Common
218412104
2130
47140
SH
SOLE
47140
0
0
Dana Corp.
Common
235811106
571
12400
SH
SOLE
12400
0
0
Delphi Auto Systems Corp.
Common
247126105
1098
59325
SH
SOLE
59325
0
0
Dupont De Nemours & Co.
Common
263534109
7667
112229
SH
SOLE
112229
0
0
Eastman Kodak Co.
Common
277461109
546
8060
SH
SOLE
8060
0
0
Electronic Data Systems New
Common
285661104
776
13700
SH
SOLE
13700
0
0
Emerson Electric Co.
Common
291011104
1304
20715
SH
SOLE
20715
0
0
Exxon Corporation
Common
302290101
979
12696
SH
SOLE
12696
0
0
Federal Home Loan Mtg. Corp.
Common
313400301
10389
179116
SH
SOLE
179116
0
0
Federal National Ntg. Assn.
Common
313586109
9580
140365
SH
SOLE
140365
0
0
First Data Corp.
Common
319963104
13453
274900
SH
SOLE
274900
0
0
Fleet Financial Group
Common
338915101
444
10000
SH
SOLE
10000
0
0
Ford Motor Co.
Common
345370100
704
12469
SH
SOLE
12469
0
0
GTE Corp.
Common
326320103
1669
22107
SH
SOLE
22107
0
0
Gannett Inc.
Common
364730101
10396
145650
SH
SOLE
145650
0
0
General Electric
Common
369604103
14684
129950
SH
SOLE
129950
0
0
General Motors Corp.
Common
370442105
6395
96893
SH
SOLE
96893
0
0
Gillette Co.
Common
375766102
1233
30070
SH
SOLE
30070
0
0
Goldman Sachs Group Inc.
Common
38141G104
831
11500
SH
SOLE
11500
0
0
Goodyear Tire & Rubber Co.
Common
382550101
5804
98680
SH
SOLE
98680
0
0
Gtech Holdings
Common
400518106
4417
187440
SH
SOLE
187440
0
0
Halliburton Co.
Common
406216101
10891
240675
SH
SOLE
240675
0
0
Harman International Industries Inc.
Common
413086109
9769
222015
SH
SOLE
222015
0
0
Hewlett Packard Inc.
Common
428236103
1560
15520
SH
SOLE
15520
0
0
Home Depot Inc.
Common
437076102
591
9166
SH
SOLE
9166
0
0
Infinity Broadcasting Corp.
Class A New
45662S102
1738
58800
SH
SOLE
58800
0
0
Intel Corp.
Common
458140100
200
3368
SH
SOLE
3368
0
0
International Business Machines
Common
459200101
14563
112674
SH
SOLE
112674
0
0
Johnson & Johnson
Common
478160104
2338
23859
SH
SOLE
23859
0
0
Lilly Eli & Co.
Common
532457108
602
8400
SH
SOLE
8400
0
0
Lucent Technologies Inc.
Common
549463107
595
8826
SH
SOLE
8826
0
0
Merck & Co., Inc.
Common
589331107
1325
18000
SH
SOLE
18000
0
0
Microsoft Corp.
Common
594918104
363
4020
SH
SOLE
4020
0
0
Minnesota Mining & Manufacturing Co.
Common
604059105
243
2800
SH
SOLE
2800
0
0
National Techteam Inc.
Common
638108100
220
40000
SH
SOLE
40000
0
0
New England Community Bancorp Inc.
Class A
643890106
627
22733
SH
SOLE
22733
0
0
News Corp. Ltd.
ADR New
652487703
212
6000
SH
SOLE
6000
0
0
PMI Group Inc.
Common
69344M101
2326
37030
SH
SOLE
37030
0
0
Payless ShoeSource Inc.
Common
704379106
12201
228055
SH
SOLE
228055
0
0
Pepsico Inc.
Common
713448108
10659
275521
SH
SOLE
275521
0
0
Pfizer Inc.
Common
717081103
3628
33280
SH
SOLE
33280
0
0
Proctor & Gamble Co.
Common
742718109
5902
66128
SH
SOLE
66128
0
0
Quaker Oats Co.
Common
747402105
478
7200
SH
SOLE
7200
0
0
Royal Dutch Petroleum Co.
NY Reg Gldr 5
780257705
577
9570
SH
SOLE
9570
0
0
SBC Communications
Common
78387G103
699
12046
SH
SOLE
12046
0
0
SLM Holding Corp.
Common
78442A109
8350
182268
SH
SOLE
182268
0
0
Schering Plough Corp.
Common
806605101
6172
117558
SH
SOLE
117558
0
0
Schlumberger Ltd.
Common
806857108
1155
18140
SH
SOLE
18140
0
0
Sherwin Williams Co.
Common
824348106
1321
47620
SH
SOLE
47620
0
0
Smithkline Beecham PLC
ADR Rep Ord
832378301
1589
24050
SH
SOLE
24050
0
0
Texaco Inc.
Common
881694103
10627
170380
SH
SOLE
170380
0
0
Time Warner Inc.
Common
887315109
4230
58244
SH
SOLE
58244
0
0
Toys R Us Inc.
Common
892335100
1036
50095
SH
SOLE
50095
0
0
U.S. Airways Group Inc.
Common
911905107
815
18700
SH
SOLE
18700
0
0
Ucar International Inc.
Common
90262K109
2818
111600
SH
SOLE
111600
0
0
Unilever N.V.
NY Shares
904784501
8039
115256
SH
SOLE
115256
0
0
The Walt Disney Company
Common
254687106
493
16009
SH
SOLE
16009
0
0
Western Resources Inc.
Common
959425109
7404
278085
SH
SOLE
278085
0
0
Williams Company Inc. Del
Common
969457100
661
15526
SH
SOLE
15526
0
0
XL Capital Ltd.
Class A
982551056
12818
226864
SH
SOLE
226864
0
0
Blackrock Advantage Term Tr
Common
09247A101
136
14000
SH
SOLE
14000
0
0
Blackrock Investment Quality
Common
09247D105
553
38000
SH
SOLE
38000
0
0
Dreyfus Strategic Government Income
Common
261938104
450
52200
SH
SOLE
52200
0
0
MuniEnhanced Fund Inc.
Common
626243109
117
11000
SH
SOLE
11000
0
0
Muniyield Insured Fund Inc.
Common
62630E107
802
57000
SH
SOLE
57000
0
0
Nuveen Insured Municipal Opportunity Fund
Common
670984103
545
36000
SH
SOLE
36000
0
0
Nuveen Premium Income Municipal 4
Common
6706K4105
211
15000
SH
SOLE
15000
0
0
Nuveen Select Tax-Free Income Portfolio
Sh Ben Int
67062F100
456
30000
SH
SOLE
30000
0
0
Van Kampen Am Cap Advantage
Sh Ben Int
92112K107
175
14100
SH
SOLE
14100
0
0
Van Kampen Am Cap Municipal Opportunity
Common
920935103
151
10000
SH
SOLE
10000
0
0
</TABLE>
