UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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 August 8, 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: 101
Form 13F Information Table Value Total: $393,300,231
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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 $4,387,392 142390 X 142390
ALCAN ALUMINIUM Com 013716105 $4,630,780 149380 X 149380
ALLEGHENY ENERGY Com 017361106 $4,603,654 168170 X 168170
ALLERGAN, INC. Com 018490102 $5,416,150 72700 X 72700
AMER. EXPRESS Com 025816109 $6,442,337 123594 X 123594
AMER. GENERAL Com 026351106 $3,014,071 49411 X 49411
AMERADA HESS Com 023551104 $7,453,225 120700 X 120700
AMERICA ONLINE INCom 02364J104 $75,870 1440 X 1440
ANHEUSER-BUSCH Com 035229103 $9,684,355 129665 X 129665
APACHE CORP Com 037411105 $4,848,503 82440 X 82440
ASHLAND OIL Com 044204105 $4,417,875 126000 X 126000
AVON PRODUCTS Com 054303102 $4,685,850 105300 X 105300
BAKER HUGHES Com 057224107 $4,116,800 128650 X 128650
BB&T CORPORATION Com 054937107 $2,156,629 90330 X 90330
BELLSOUTH CORP. Com 079860102 $4,790,155 112379 X 112379
BOEING Com 097023105 $177,745 4251 X 4251
BRINKER INT'L Com 109641100 $4,348,890 148680 X 148680
BURLINGTON NRTH Com 12189T104 $3,237,628 141150 X 141150
CHEVRON CORP. Com 166751107 $156,479 1845 X 1845
CIGNA CORP. Com 125509109 $5,062,090 54140 X 54140
CISCO SYSTEMS Com 17275R102 $674,080 10605 X 10605
CITIGROUP INC Com 172967101 $10,498,563 174250 X 174250
COLGATE-PALMOLV Com 194162103 $6,077,612 101505 X 101505
COMERICA INC. Com 200340107 $3,908,613 87100 X 87100
COOPER CAMERON COCom 216640102 $3,775,200 57200 X 57200
DEERE & CO. Com 244199105 $3,988,600 107800 X 107800
DEVON ENERGY CORPCom 25179M103 $4,230,919 75300 X 75300
DISNEY (WALT) Com 254687106 $5,122,474 131980 X 131980
DOVER CORP. Com 260003108 $4,269,203 105250 X 105250
DOW JONES & CO. Com 260561105 $5,556,013 75850 X 75850
DU PONT (E.I.) Com 263534109 $180,250 4120 X 4120
DUKE POWER Com 264399106 $72,160 1280 X 1280
ENGELHARD CORP. Com 292845104 $2,392,674 140230 X 140230
ENRON CORP. Com 293561106 $309,987 4806 X 4806
ENTERGY CORP. Com 29364G103 $6,591,609 242450 X 242450
EXXON MOBIL CORP.Com 30231G102 $9,475,735 120710 X 120710
FEDERATED DEPT. Com 31410H101 $2,791,125 82700 X 82700
FEDL NAT'L MTGE Com 313586109 $5,166,563 99000 X 99000
FIRSTENERGY CORP.Com 337932107 $4,174,775 178600 X 178600
FLEET BOSTON FINACom 339030108 $6,446,400 189600 X 189600
FPL GROUP Com 302571104 $8,220,960 166080 X 166080
GEN'L ELECTRIC Com 369604103 $505,461 9537 X 9537
GEN'L MOTORS Com 370442105 $143,414 2470 X 2470
GRACE (W. R.) Com 38388F108 $4,216,117 347721 X 347721
HARTFORD FINANCIACom 416515104 $4,746,297 84850 X 84850
HASBRO, INC. Com 418056107 $2,766,228 183650 X 183650
HAWAIIAN AIRLINESCom 419849104 $267,152 101772 X 101772
HEWLETT-PACKARD Com 428236103 $409,465 3279 X 3279
HOME DEPOT Com 437076102 $5,038,694 100900 X 100900
INCO LIMITED Com 453258402 $4,263,795 277320 X 277320
INT'L BUS MACH Com 459200101 $516,478 4714 X 4714
INTEL CORP. Com 458140100 $797,713 5967 X 5967
INTIMATE BRANDS ICom 461156101 $6,822,243 345430 X 345430
JEFFERSON-PILOT Com 475070108 $5,068,144 89801 X 89801
JOHNSON&JOHNSON Com 478160104 $9,443,813 92700 X 92700
KERR-MCGEE CORP Com 492386107 $4,334,853 73550 X 73550
KEYSPAN CORPORATICom 49337W100 $4,944,293 160790 X 160790
LEHMAN BROS. HLDGCom 524908100 $4,931,434 52150 X 52150
LINCOLN NATL CP Com 534187109 $1,650,732 45695 X 45695
LOCKHEED MARTIN CCom 539830109 $4,157,334 167550 X 167550
MARSH MCLENNAN Com 571748102 $5,383,753 51550 X 51550
MASCOTECH Com 574670105 $2,132,117 197190 X 197190
MBNA CORP. Com 55262L100 $4,264,050 157200 X 157200
MCGRAW-HILL Com 580645109 $4,719,600 87400 X 87400
MELLON BANK CP. Com 58551A108 $3,530,429 96890 X 96890
MERCK & CO. Com 589331107 $5,980,428 78048 X 78048
MICROSOFT CORP. Com 594918104 $343,200 4290 X 4290
NABISCO GROUP HOLCom 62952P102 $1,876,578 72350 X 72350
NEW YORK TIMES CO"A" 650111107 $5,562,390 140820 X 140820
NEWPORT NEWS SHIPCom 652228107 $4,578,315 124580 X 124580
OMNICOM GROUP Com 681919106 $7,948,383 89245 X 89245
PECO ENERGY Com 693304107 $2,697,713 66920 X 66920
PEPSICO, INC. Com 713448108 $7,169,546 161340 X 161340
PFIZER, INC. Com 717081103 $6,960,000 145000 X 145000
PIER 1 IMPORTS Com 720279108 $1,262,625 129500 X 129500
PPG INDS. Com 693506107 $3,675,722 82950 X 82950
PUBLIC SVC ENT. Com 744573106 $3,862,419 111550 X 111550
QUAKER OATS Com 747402105 $6,430,700 85600 X 85600
RELIANT ENERGY, ICom 75952J108 $5,275,428 178450 X 178450
SAFEWAY INC. Com 786514208 $4,731,750 105150 X 105150
SCHERING-PLOUGH Com 806605101 $146,097 2893 X 2893
SEARS, ROEBUCK Com 812387108 $3,784,500 116000 X 116000
SEMPRA ENERGY Com 816851109 $2,957,320 173960 X 173960
SMITH INT'L INC Com 832110100 $3,800,813 52200 X 52200
SOUTHERN CO. Com 842587107 $4,669,494 200300 X 200300
STATION CASINOS ICom 857689103 $1,632,000 65280 X 65280
SUN MICROSYSTEM Com 866810104 $552,900 6080 X 6080
SUNOCO INC. Com 86764P109 $3,400,031 115500 X 115500
SYSCO CORP. Com 871829107 $6,857,108 162780 X 162780
TARGET CORP. Com 87612E106 $5,840,600 100700 X 100700
TIME WARNER Com 887315109 $231,116 3041 X 3041
UNICOM CORPORATIOCom 904911104 $3,655,969 94500 X 94500
UNION CARBIDE Com 905581104 $3,117,510 62980 X 62980
UNION PACIFIC Com 907818108 $7,553,153 203110 X 203110
VALERO ENERGY Com 91913Y100 $2,524,125 79500 X 79500
VITECH AMERICA INCom 928489103 $132,776 24141 X 24141
WAL-MART STORES Com 931142103 $429,767 7458 X 7458
WASTE MANAGEMENT Com 94106L109 $3,202,450 168550 X 168550
WELLS FARGO Com 949746101 $4,896,063 126350 X 126350
WENDY'S INT'L Com 950590109 $2,877,609 161550 X 161550
GRAND TOTAL $393,300,231
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