UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2000
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: Salus Capital Management, Inc.
Address: Biltmore Tower
500 S. Grand Avenue, Suite 1680
Los Angeles, CA 90071
13F File Number:
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: Bradford J. Ebner
Title: President
Phone: 213-624-2800
Signature, Place, and Date of Signing:
Bradford J. Ebner Los Angeles, CA November 3, 2000
Report Type (check only one,):
[ x ] 13F Holdings 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.
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FORM 13F SUMMARY PAGE
Report Summary:
Number or Other Included Managers: 0
Form 13F Information Table Entry Total: 76
Form 13F Information Table Value Total: $373,744,231
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Form 13F INFORMATION TABLE
InvestmeVoting Authority
Name of Issuer TitlCUSIP NumbeFair Market VShares (a) Sole(a) So
AIR PRODS&CHEM Com 009158106 $5,127,120 142420 X 142420
ALLEGHENY ENERGY Com 017361106 $5,035,022 131850 X 131850
AMER. INT'L GRP Com 026874107 $6,542,633 68375 X 68375
AMERADA HESS Com 023551104 $7,791,525 116400 X 116400
ANHEUSER-BUSCH Com 035229103 $6,809,689 160938 X 160938
APACHE CORP Com 037411105 $5,231,971 88490 X 88490
AVON PRODUCTS Com 054303102 $3,890,074 95170 X 95170
BAKER HUGHES Com 057224107 $4,657,331 125450 X 125450
BAXTER INT'L Com 071813109 $4,006,588 50200 X 50200
BB&T CORPORATION Com 054937107 $3,054,675 101400 X 101400
BELLSOUTH CORP. Com 079860102 $4,260,261 105845 X 105845
BRINKER INT'L Com 109641100 $4,410,692 146413 X 146413
CHUBB CORP. Com 171232101 $4,557,600 57600 X 57600
CITIGROUP INC Com 172967101 $11,561,915 213862 X 213862
COCA-COLA Com 191216100 $6,168,488 111900 X 111900
COLGATE-PALMOLV Com 194162103 $6,778,864 143620 X 143620
COMERICA INC. Com 200340107 $6,208,400 106240 X 106240
CONAGRA, INC. Com 205887102 $2,504,803 124850 X 124850
CONSECO, INC. Com 208464107 $3,061,819 401550 X 401550
COUNTRYWIDE CDT Com 222372104 $5,196,854 137665 X 137665
DISNEY (WALT) Com 254687106 $4,797,698 125430 X 125430
DOVER CORP. Com 260003108 $5,219,450 111200 X 111200
DOW JONES & CO. Com 260561105 $4,752,880 78560 X 78560
ENTERGY CORP. Com 29364G103 $5,101,388 136950 X 136950
EXXON MOBIL CORP.Com 30231G102 $13,960,540 156640 X 156640
FEDL NAT'L MTGE Com 313586109 $5,727,150 80100 X 80100
FIRSTENERGY CORP.Com 337932107 $3,108,588 115400 X 115400
FLEET BOSTON FINACom 339030108 $7,255,170 186030 X 186030
GRACE (W. R.) Com 38388F108 $2,470,607 359361 X 359361
HILTON HOTELS Com 432848109 $5,013,500 433600 X 433600
HOME DEPOT Com 437076102 $1,727,078 32548 X 32548
HOUSEHOLD INT'L Com 441815107 $28,313 500 X 500
INCO LIMITED Com 453258402 $4,982,948 309020 X 309020
INTIMATE BRANDS ICom 461156101 $5,130,672 274551 X 274551
JEFFERSON-PILOT Com 475070108 $6,699,330 98701 X 98701
JOHNSON&JOHNSON Com 478160104 $3,315,054 35290 X 35290
KERR-MCGEE CORP Com 492386107 $4,742,838 71590 X 71590
KEYSPAN CORPORATICom 49337W100 $7,274,261 181290 X 181290
LEHMAN BROS. HLDGCom 524908100 $7,443,645 50380 X 50380
LINCOLN NATL CP Com 534187109 $3,875,988 80540 X 80540
LOCKHEED MARTIN CCom 539830109 $3,767,658 114310 X 114310
LOWE'S COS. Com 548661107 $2,183,618 48660 X 48660
LYONDELL PETCHM Com 552078107 $2,093,163 177199 X 177199
MBNA CORP. Com 55262L100 $6,115,725 158850 X 158850
MCDONALD'S CORP Com 580135101 $4,502,466 149150 X 149150
MCGRAW-HILL Com 580645109 $6,260,906 98500 X 98500
MELLON BANK CP. Com 58551A108 $4,381,974 94490 X 94490
MERCK & CO. Com 589331107 $5,108,646 68630 X 68630
MGIC INVESTMENT CCom 552848103 $6,747,589 110390 X 110390
NABISCO GROUP HOLCom 62952P102 $1,933,611 67846 X 67846
NEW YORK TIMES CO"A" 650111107 $3,228,343 82120 X 82120
NEWPORT NEWS SHIPCom 652228107 $5,364,620 123680 X 123680
OGE ENERGY CORP Com 670837103 $4,420,213 207400 X 207400
OMNICOM GROUP Com 681919106 $6,539,212 89655 X 89655
PARKER-HANNIFIN Com 701094104 $4,232,250 125400 X 125400
PG & E CORPORATIOCom 69331C108 $1,493,215 61735 X 61735
PIER 1 IMPORTS Com 720279108 $2,134,738 157400 X 157400
PINNACLE WEST Com 723484101 $7,371,788 144900 X 144900
PROCTER&GAMBLE Com 742718109 $5,383,450 80350 X 80350
PUBLIC SVC ENT. Com 744573106 $10,952,906 245100 X 245100
QUAKER OATS Com 747402105 $9,858,975 124600 X 124600
RALSTON PURINA Com 751277302 $2,936,066 123950 X 123950
RELIANT ENERGY, ICom 75952J108 $8,437,425 181450 X 181450
SAFEWAY INC. Com 786514208 $2,382,230 51025 X 51025
SMITH INT'L INC Com 832110100 $4,102,512 50299 X 50299
SOUTHERN CO. Com 842587107 $6,951,356 214300 X 214300
STATION CASINOS INC. 857689103 $828,524 58142 X 58142
SUNOCO INC. Com 86764P109 $3,243,275 120400 X 120400
SYSCO CORP. Com 871829107 $8,338,566 180050 X 180050
UNION PACIFIC Com 907818108 $2,645,833 68060 X 68060
USX-MARATHON Com 902905827 $4,276,113 150700 X 150700
VALERO ENERGY Com 91913Y100 $4,308,006 122430 X 122430
VITECH AMERICA INCom 928489103 $80,370 21432 X 21432
WASTE MANAGEMENT Com 94106L109 $2,991,403 171550 X 171550
WENDY'S INT'L Com 950590109 $3,503,314 174620 X 174620
XCEL ENERGY INC. Com 98389B100 $5,160,760 187664 X 187664
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