UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year of 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: Hardesty Capital Management Corp.
Address: 2 East Read Street
Baltimore, MD 21202
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: James D. Hardesty
Title: President
Phone: 410-783-9633
Signature, Place, and Date of Signing:
James D. Hardesty/ Baltimore/ November 12, 1999
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 of Other Included Managers: 0
Form 13F Information Table Entry Total: 95
Form 13F Information Table Value Total: $212,476
List of Other Included Managers:
No. 13F File Number Name
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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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3COM CORP COM COM 885535104 4091 142310SH SOLE 142310.0000
ABBOTT LABS COM COM 002824100 362 9858SH SOLE 9858.0000
AMERICAN EXPRESS CO COM COM 025816109 203 1500SH SOLE 1500.0000
AMERICAN HOME PRODS CP COM COM 026609107 664 16000SH SOLE 16000.0000
AMERICAN INTL GROUP COM COM 026874107 328 3768SH SOLE 3768.0000
AMERITECH CORP NEW COM COM 030954101 4693 70304SH SOLE 70304.0000
AMGEN INC COM COM 031162100 293 3600SH SOLE 3600.0000
ANDREW CORP COM COM 034425108 1486 85500SH SOLE 85500.0000
AT&T CORP COM COM 001957109 800 18381SH SOLE 18381.1830
ATLANTIC RICHFIELD CO COM COM 048825103 3637 41039SH SOLE 41039.0000
AUTODESK INC COM COM 052769106 2862 130835SH SOLE 130835.0000
BECTON DICKINSON & CO COM COM 075887109 4421 157525SH SOLE 157525.0000
BELL ATLANTIC CORP COM COM 077853109 3662 54409SH SOLE 54409.5390
BELLSOUTH CORP COM COM 079860102 4307 95718SH SOLE 95718.0000
BP AMOCO P L C SPONSORED ADR COM 055622104 3885 35062SH SOLE 35062.0005
BRISTOL MYERS SQUIBB COM COM 110122108 6484 96065SH SOLE 96065.0000
CATERPILLAR INC DEL COM COM 149123101 4451 81210SH SOLE 81210.6170
CHEVRON CORPORATION COM COM 166751107 3673 41388SH SOLE 41388.8890
CHUBB CORP COM COM 171232101 4055 81710SH SOLE 81710.5410
CISCO SYS INC COM COM 17275R102 896 13069SH SOLE 13069.0000
CITIGROUP INC COM COM 172967101 545 12379SH SOLE 12379.2340
COCA COLA CO COM COM 191216100 1488 30834SH SOLE 30834.0000
COLGATE PALMOLIVE CO COM COM 194162103 247 5388SH SOLE 5388.0000
COMPUTER ASSOCIATES COM 204912109 262 4287SH SOLE 4287.0000
CONSTELLATION ENERGY COM COM 210371100 437 15525SH SOLE 15525.0000
CORNING INC COM COM 219350105 3610 52650SH SOLE 52650.0000
CORPORATE OFFICE PPTYS SH BEN COM 22002T108 88 11700SH SOLE 11700.0000
DANA CORP COM COM 235811106 3978 107152SH SOLE 107152.0000
DELL COMPUTER CORP COM COM 247025109 2659 63600SH SOLE 63600.0000
DISNEY WALT CO COM COM 254687106 335 12877SH SOLE 12877.0000
DU PONT E I DE NEMOURS COM COM 263534109 6511 107624SH SOLE 107624.0000
E M C CORP MASS COM COM 268648102 214 3000SH SOLE 3000.0000
EMISPHERE TECHNOLOGIES COM COM 291345106 219 15000SH SOLE 15000.0000
ENRON CORPORATION OREGON COM COM 293561106 3447 83950SH SOLE 83950.0000
EXXON CORP COM COM 302290101 8739 114985SH SOLE 114985.9550
FIRST UN CORP COM COM 337358105 5106 143332SH SOLE 143332.0000
GENERAL ELEC CO COM COM 369604103 11472 96757SH SOLE 96757.1820
GENERAL MTRS CORP COM COM 370442105 1250 19864SH SOLE 19864.0000
GTE CORP COM COM 362320103 250 3250SH SOLE 3250.0000
HALLIBURTON CO COM COM 406216101 4373 106646SH SOLE 106646.5930
HELIX TECHNOLOGY CORP COM COM 423319102 752 22625SH SOLE 22625.0000
HEWLETT PACKARD CO COM COM 428236103 4685 51620SH SOLE 51620.3350
HOME DEPOT INC COM COM 437076102 371 5401SH SOLE 5401.0000
HSB GROUP INC COM COM 40428N109 3456 98225SH SOLE 98225.0000
INGERSOLL RAND CO COM COM 456866102 2277 41456SH SOLE 41456.0000
INTEL CORP COM COM 458140100 2249 30270SH SOLE 30270.0000
INTERNATIONAL BUS MACH COM COM 459200101 11297 93367SH SOLE 93367.0000
IXC COMMUNICATIONS INC COM COM 450713102 244 6179SH SOLE 6179.0000
JOHNSON & JOHNSON COM COM 478160104 1901 20692SH SOLE 20692.0000
LOCKHEED MARTIN CORP COM COM 539830109 3017 92312SH SOLE 92312.0000
LUCENT TECHNOLOGIES COM COM 549463107 1438 22163SH SOLE 22163.3170
MAY DEPT STORES CO COM COM 577778103 3077 84452SH SOLE 84452.0000
MCDONALDS CORP COM COM 580135101 2682 62010SH SOLE 62010.0000
MERCANTILE BANKSHARES COM COM 587405101 2970 96009SH SOLE 96009.0890
MERCK & CO INC COM COM 589331107 8668 133733SH SOLE 133733.1680
MERRY-GO ROUND ENTERPRISES COM 590436101 0 10000SH SOLE 10000.0000
MICROSOFT CORP COM COM 594918104 1416 15641SH SOLE 15641.0000
MINNESOTA MNG & MFG CO COM COM 604059105 240 2500SH SOLE 2500.0000
MOBIL CORP COM COM 607059102 434 4312SH SOLE 4312.0000
MORGAN J P & CO INC COM COM 616880100 315 2755SH SOLE 2755.0000
MURPHY OIL CORP COM COM 626717102 1873 34650SH SOLE 34650.0000
NORFOLK SOUTHERN CORP COM COM 655844108 2035 83059SH SOLE 83059.0000
ORACLE CORP COM COM 68389X105 7011 154090SH SOLE 154090.0000
PEOPLESOFT INC COM COM 712713106 4043 238690SH SOLE 238690.0000
PEPSICO INC COM COM 713448108 305 10006SH SOLE 10006.1460
PFIZER INC COM COM 717081103 1129 31461SH SOLE 31461.0000
PHILIP MORRIS COS INC COM COM 718154107 3126 91434SH SOLE 91434.2340
PRICE T ROWE & ASSOC COM COM 741477103 244 8902SH SOLE 8902.0000
PROCTER & GAMBLE CO COM COM 742718109 6988 74539SH SOLE 74539.0000
QWEST COMMUNICATIONS COM COM 749121109 397 13414SH SOLE 13414.0000
ROYAL DUTCH PETE CO NY REG GLD COM 780257804 223 3775SH SOLE 3775.0000
SBC COMMUNICATIONS INC COM COM 78387G103 209 4096SH SOLE 4096.0000
SCHERING PLOUGH CORP COM COM 806605101 630 14440SH SOLE 14440.0000
SINCLAIR BROADCAST GRP CL A COM 829226109 1328 146550SH SOLE 146550.0000
SMITHKLINE BEECHAM PLC ADR REP COM 832378301 235 4080SH SOLE 4080.0000
SPDR TR UNIT SER 1 COM 78462F103 4852 37687SH SOLE 37687.0000
ST PAUL COS INC COM COM 792860108 203 7393SH SOLE 7393.0000
STAPLES INC COM COM 855030102 307 14067SH SOLE 14067.0000
STATE ST BOSTON CORP COM COM 857477103 569 8800SH SOLE 8800.0000
STRIDE RITE CORP COM 863314100 1287 183875SH SOLE 183875.0000
SUNTRUST BKS INC COM COM 867914103 366 5565SH SOLE 5565.0000
SUPERGEN INC COM COM 868059106 2191 95500SH SOLE 95500.0000
TEXACO INC COM COM 881694103 477 7550SH SOLE 7550.0000
TIMKEN CO COM COM 887389104 2190 135800SH SOLE 135800.0000
TRIQUINT SEMICONDUCTOR COM COM 89674K103 201 3512SH SOLE 3512.0000
TYCO INTL LTD NEW COM COM 902124106 255 2469SH SOLE 2469.0000
V F CORP COM COM 918204108 2582 83290SH SOLE 83290.0000
WAL MART STORES INC COM COM 931142103 512 10765SH SOLE 10765.0000
WASHINGTON R EST IN TR SH BEN COM 939653101 180 11443SH SOLE 11443.0000
FLAG INVESTORS EMERGING GROWTH FNDS 33832K100 254 11239SH SOLE 11239.593
FLAG INVESTORS INTER TR INCOME FNDS 33833H106 285 28096SH SOLE 28096.805
FLAG INVESTORS TELEPHONE INCOM FNDS 338331101 1444 38404SH SOLE 38404.335
FLAG INVESTORS VALUE BUILDER F FNDS 33832R105 1674 72831SH SOLE 72831.584
JANUS INVT FD SH BEN INT FNDS 471023101 457 11542SH SOLE 11542.799
WASHINGTON MUT INVS FD COM FNDS 939330106 441 13664SH SOLE 13664.254
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