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: Nicholas Advisors, Inc.
Address: 250 Park Avenue
Suite 2000
New York, NY 10177
13F File Number: 28-6218
The institutional investment manager filing this report and the person whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is rue, correct and
complete, and that is is understood that all required times, statements
schedules, lists and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: STEPHEN T. B. JABLONSKI
Title: CHIEF EXECUTIVE OFFICER
Phone: 212-983-8100
Signature, Place, and Date of Signing:
STEPHEN T. B. JABLONSKI, New York, NY July 21 , 1999
Report type (Check only one.):
[X] 13F HOLDING REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total:
Form 13 F Information Table Value Total: $274,241
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Form 13 F
information Table
Value
Shares/ Sh/ Put/ Invstmt Other Voting Authority
Name of Issuer Title of Clas CUSIP
(x$1000PRN AMT PRN Call Dscretn Managers Sole Shared None
A. T. & T. Corp. COM 001957109 5304
95050 SH SOLE 95050
Abbott Laboratories COM 002824100 2699
59500 SH SOLE 59500
Alcoa COM 022249106 346
5600 SH SOLE 5600
Allied Signal COM 019512102 352
5600 SH SOLE 5600
ALZA Corp. COM 022615108 1073
21100 SH SOLE 21100
America Online COM 02364J104 2068
18800 SH SOLE 18800
American Express Corp COM 025816109 5696
43775 SH SOLE 43775
American Int'l Group COM 026874107 2790
23800 SH SOLE 23800
Ameritech Corp. COM 030954101 1470
20000 SH SOLE 20000
Atlantic Richfield Co. COM 048825103 208
2500 SH SOLE 2500
Aware, Inc. COM 05453N100 461
10000 SH SOLE 10000
Bell Atlantic Corp. COM 077853109 1791
27400 SH SOLE 27400
Boeing Co. COM 097023105 272
6200 SH SOLE 6200
Boston Scientific Corp. COM 101137107 5725
130300 SH SOLE 130300
C.R. Bard, Inc. COM 067383109 3033
63450 SH SOLE 63450
Cardinal Health Inc. COM 14149Y108 4286
66850 SH SOLE 66850
Carnival Corp. COM 143658102 2669
55050 SH SOLE 55050
Caterpillar COM 149123101 336
5600 SH SOLE 5600
CBS, Inc. COM 12490K107 5142
118050 SH SOLE 118050
Chase Manhattan Bank COM 16161A108 5743
66400 SH SOLE 66400
Chevron Corp COM 166751107 3170
33350 SH SOLE 33350
CitiGroup COM 172967101 6183
130175 SH SOLE 130175
Coca Cola COM 191216100 347
5600 SH SOLE 5600
Comcast Corp. Cl A COM 200300200 3747
97500 SH SOLE 97500
Compaq Computer Corp. COM 204493100 2788
117700 SH SOLE 117700
Cornerstone US Gov't. Strategic Mut Fd 360908305 440
355517 SH SOLE 355517
Daimler Chrysler COM D1668R123 3720
41803 SH SOLE 41803
Data Broadcasting Corp. COM 237596101 169
16000 SH SOLE 16000
Diebold, Inc. COM 253651103 4200
146115 SH SOLE 146115
Disney (Walt) COM 254687106 280
9100 SH SOLE 9100
DuPont COM 263534109 382
5600 SH SOLE 5600
Eastman Kodak COM 277461109 379
5600 SH SOLE 5600
Eclipsys Corp. COM 278856109 245
10250 SH SOLE 10250
Endosonics Tech., Inc. COM 29264K105 350
50000 SH SOLE 50000
Ethan Allen COM 297602104 3323
88050 SH SOLE 88050
Exxon Corp COM 302290101 4452
57725 SH SOLE 57725
Federated Dept. Stores COM 31410H101 3745
70750 SH SOLE 70750
First Virginia Bank COM 337477103 373
7600 SH SOLE 7600
Fox Entertainment COM 35138T107 4305
159850 SH SOLE 159850
General Electric Co. COM 369604103 7336
64925 SH SOLE 64925
General Instrument Corp. COM 370120107 7212
169700 SH SOLE 169700
General Motors COM 370442105 369
5600 SH SOLE 5600
Goodyear Tire COM 382550101 329
5600 SH SOLE 5600
GTE Corp. w/ Rts. COM 362320103 3371
44650 SH SOLE 44650
Hewlett Packard Co COM 428236103 8376
83350 SH SOLE 83350
Hibernia Corp. COM 428656102 2889
184200 SH SOLE 184200
Home Depot COM 437076102 2806
43550 SH SOLE 43550
Impath Inc. COM 45255G101 1064
39425 SH SOLE 39425
Intel Corp. COM 458140100 3067
51560 SH SOLE 51560
International Business Machine COM 459200101 6333
49000 SH SOLE 49000
Intimate Brands Inc. COM 461156101 2906
61350 SH SOLE 61350
Int'l Paper COM 460146103 281
5600 SH SOLE 5600
J.P. Morgan COM 616880100 786
5600 SH SOLE 5600
Johnson & Johnson COM 478160104 604
6170 SH SOLE 6170
Lehman Bros. Hldgs Inc. COM 524908100 7166
115350 SH SOLE 115350
Liberty Media Group A COM 001957208 7254
197400 SH SOLE 197400
Limited Inc. COM 532716107 299
6600 SH SOLE 6600
Lowes Companies Inc. COM 548661107 4156
73325 SH SOLE 73325
Lucent Technologies Inc. COM 549463107 5773
85606 SH SOLE 85606
M. Stanley D. Witter COM 617446448 6911
67350 SH SOLE 67350
McDonald's Corp. COM 580135101 300
7300 SH SOLE 7300
MCI Worldcom Inc. COM 55268B106 4694
54550 SH SOLE 54550
Medtronic Inc. COM 585055106 3537
45430 SH SOLE 45430
Mellon Bank COM 585509102 4194
115300 SH SOLE 115300
Merck & Co. COM 589331107 3788
51450 SH SOLE 51450
Merrill Lynch & Co. Inc. COM 590188108 5918
74450 SH SOLE 74450
Microsoft Corp. COM 594918104 8942
99150 SH SOLE 99150
Microsoft Corp. COM 594918104 324
3600 SH SOLE 3600
Millenium Pharm COM 599902103 795
22100 SH SOLE 22100
Minnesota Min'g. & Mfg. COM 604059105 573
6600 SH SOLE 6600
Miravant Medical Tech. COM 604690107 74
10500 SH SOLE 10500
MTA NY Trans Facs Rev Ser. K 5.875% 07-01-01 Mun Bd 592598RR9 256
250000 SH SOLE 250000
Muni. Asst. Co. for NYC Ser. D 4.6% 07-01-01 Mun Bd 626190E65 201
200000 SH SOLE 200000
New York City Ser D 5.3% 02-15-02 Mun Bd 649664BS7 205
200000 SH SOLE 200000
New York City Ser H 6.9% 02-01-01 Mun Bd 649651PN0 209
200000 SH SOLE 200000
NEW YORK ST MTG AGY REV 4.95% 04-01-02 Mun Bd 649885VV9 121
120000 SH SOLE 120000
Nielsen Media COM 629913104 1023
35000 SH SOLE 35000
Novoste COM 67010C100 458
21815 SH SOLE 21815
NYS Dorm Auth Revs City Univ. 5.3% 07-01-01 Mun Bd 649834FV5 203
200000 SH SOLE 200000
NYS Dorm Auth Revs St Univ Ser 7.7% 05-15-12 Mun Bd 6498317B4 211
200000 SH SOLE 200000
NYS Twy Auth Hwy & Brdg Ser. A 6.25% 04-01-04 Mun Bd 650013CK9 376
350000 SH SOLE 350000
NYS Twy Auth Svc Contract 5.8% 04-01-00 Mun Bd 650017AU0 203
200000 SH SOLE 200000
Omnicare, Inc. COM 681904108 1688
133765 SH SOLE 133765
Oracle Systems COM 68389X105 111
3000 SH SOLE 3000
Pepsico, Inc. COM 713448108 2476
64025 SH SOLE 64025
Perclose, Inc. COM 71361C107 720
15000 SH SOLE 15000
Philip Morris COM 718154107 225
5600 SH SOLE 5600
Pitney Bowes Inc. COM 724479100 4494
69950 SH SOLE 69950
Procter & Gamble Co. COM 742718109 589
6600 SH SOLE 6600
Puerto Rico Comwlth. Ser. B 5.5% 07-01-01 Mun Bd 7451442H7 334
325000 SH SOLE 325000
Ralston Purina Grp. COM 751277302 5069
166550 SH SOLE 166550
Royal Caribbean COM V7780T103 3018
69000 SH SOLE 69000
Royal Dutch Pete Co. COM 780257804 3030
50300 SH SOLE 50300
SBC Communications Inc. w/Rts. COM 78387G103 1977
34100 SH SOLE 34100
Scientific Atlanta Inc. COM 808655104 5288
146900 SH SOLE 146900
Sears Roebuck & Co. COM 812387108 3092
69400 SH SOLE 69400
St. Jude Medical COM 790849103 3329
93450 SH SOLE 93450
Summit Bancorp COM 866005101 482
11550 SH SOLE 11550
TCI Satellite Ent. COM 872298104 293
100000 SH SOLE 100000
Texaco, Inc. COM 881694103 3293
52800 SH SOLE 52800
Tiffany & Co. COM 886547108 289
3000 SH SOLE 3000
Time-Warner COM 887315109 4796
66050 SH SOLE 66050
Union Carbide COM 905581104 273
5600 SH SOLE 5600
United Technologies Corp. COM 913017109 432
6000 SH SOLE 6000
Viacom Inc. Cl. B COM 925524308 4791
108900 SH SOLE 108900
Wal Mart Stores Inc. COM 931142103 3657
75800 SH SOLE 75800
Wellpoint Hlth Networks A COM 94973H108 4061
47850 SH SOLE 47850
Wesley Jessen COM 951018100 712
22000 SH SOLE 22000
Xerox Corp. COM 984121103 5767
97650 SH SOLE 97650
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