NELSON CAPITAL MANAGEMENT INC/CA
13F-HR, 1999-08-13
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UNITED STATES
SECURITEIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

FORM 13F

FORM 13F COVER PAGE

Report for the Calendar Year of 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:		Nelson Capital Management, Inc.
Address:	245 Lytton Avenue
		Suite 350
		Palo Alto, CA 94301

13F File Number:		28-99999

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:		Brooks P. Nelson
Title:		President
Phone:		650-326-0200
Signature, Place, and Date of Signing:

Brooks P. Nelson		Palo Alto, California	August 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.
<PAGE>


FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:		0

Form 13F Information Table Entry Total:		87

Form 13F Information Table Value Total:		$266,916
<PAGE>


<TABLE>                        	<C>	                                        <C>

                                                          FORM 13F INFORMATION TABLE
NAME OF ISSUER                   TITLE         CUSIP     VALUE   SHARES/ SH/ PUT/ INVSTMT OTHER      VOTING AUTHORITY
                                 OF CLASS               (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS   SOLE SHARED NONE
- ------------------------------------------------------------------------------------------------------------------------
Abbott Labs                      COM           002824100   5316135  117160 SH       SOLE             117160      0    0
ACNielsen                        COM           004833109   4726986  156264 SH       SOLE             156264      0    0
Allied Signal Inc.		 COM	       019512102    261976    4158 SH	    SOLE	       4158	0    0
American Express                 COM           025816109   5504287   42300 SH       SOLE              42300      0    0
American Home Products           COM           026609107    315562    5500 SH       SOLE               5500      0    0
American Intl Group              COM           026874107    772325    6587 SH       SOLE               6587      0    0
Amgen                            COM           031162100   1794595   29480 SH       SOLE              29480      0    0
Apache Corp.                     COM           037411105    686400   17600 SH       SOLE              17600      0    0
Applied Materials Inc            COM           038222105    209435    2835 SH       SOLE               2835      0    0
AT&T Corp                        COM           001957109   5451926   97682 SH       SOLE              97682      0    0
Atlantic Richfield               COM           048825103    512405    6132 SH       SOLE               6132      0    0
Avery Dennison Corp              COM           053611109   5334131   88350 SH       SOLE              88350      0    0
Baldor Electric                  COM           057741100   3892975  195873 SH       SOLE             195873      0    0
Bank of America Corp	         COM           060505104    292443    3989 SH       SOLE	       3989      0    0
Bell Atlantic Corp.              COM           077853109    386235    5908 SH       SOLE               5908      0    0
BellSouth Corp                   COM           079860102    279333    6056 SH       SOLE               6056      0    0
Bestfoods                        COM           08658U101   4717350   95300 SH       SOLE              95300      0    0
Boeing Co                        COM           097023105    519640   11810 SH       SOLE              11810      0    0
BP Amoco Plc-ADR                 SPONSORED ADR 055622104   3534274   32573 SH       SOLE              32573      0    0
Bristol Myers Squibb             COM           110122108    763260   10836 SH       SOLE              10836      0    0
Cardiothoracic Systems           COM           141907105    160625   10000 SH       SOLE              10000      0    0
Carnival Corp                    COM           143658102   3472600   71600 SH       SOLE             716000      0    0
CBS                              COM           12490K107   5358187  123000 SH       SOLE             123000      0    0
Chevron Corp.                    COM           166751107   3569022   37543 SH       SOLE              35743      0    0
Cisco Systems Inc.               COM           17275R102  12115925  188026 SH       SOLE             188026      0    0
Citigroup                        COM           172967101   7153191  150593 SH       SOLE             150593      0    0
Coca-Cola                        COM           191216100    628494   10137 SH       SOLE              10137      0    0
Colgate Palmolive                COM           194162103   1102215   11190 SH       SOLE              11190      0    0
Compaq Computers                 COM           204493100   3518233  148527 SH       SOLE             148527      0    0
Corvus Systems Inc.              COM           221016108        12   12000 SH       SOLE              12000      0    0
Dial Corp                        COM           25247D101   4170429  112146 SH       SOLE             112146      0    0
Disney (Walt & Co.)              COM           254687106   1222023   39660 SH       SOLE              39660      0    0
Dow Chemical                     COM           260543103    203039    1600 SH       SOLE               1600      0    0
DuPont (E.I.) deNemours          COM           263534109    311095    4554 SH       SOLE               4554      0    0
Emerson Electric                 COM           291011104    204169    3244 SH       SOLE               3244      0    0
Enron Corp.                      COM           293561106   8036025   98300 SH       SOLE              98300      0    0
Exxon Corp                       COM           302290101    856687   11107 SH       SOLE              11107      0    0
Federal National Mtge            COM           313586109    884806   12964 SH       SOLE              12964      0    0
General Electric                 COM           369604103   7223943   63928 SH       SOLE             63928      0    0
GTE Corp                         COM           362320103   5319805   70461 SH       SOLE              70461      0    0
Hewlett Packard                  COM           428236103   5755735   57271 SH       SOLE              57271      0    0
Home Depot                       COM           437076102    916822   14228 SH       SOLE              14228      0    0
IMS Health                       COM           449934108   5868750  187800 SH       SOLE             187800      0    0
Intel Corp.                      COM           458140100  12263247  206105 SH       SOLE             206105      0    0
Int'l Business Machine           COM           459200101  13606957  105276 SH       SOLE             105276      0    0
Johnson & Johnson                COM           478160104   7055342   71993 SH       SOLE              71993      0    0
Kennametal                       COM           489170100   3498970  112870 SH       SOLE             112870      0    0
Lilly Eli & co                   COM           532457108    392505    5480 SH       SOLE               5480      0    0
Loral Space & Communication      COM           G56462107   1147500   63750 SH       SOLE              63750      0    0
Lucent Technologies              COM           549463107    626225    9286 SH       SOLE               9286      0    0
MCI WorldCom Inc                 COM           55268B106    432550    5026 SH       SOLE               5026      0    0
Marsh & McLennan Companies       COM           571748102    228424    3018 SH       SOLE               3018      0    0
Mattel, Inc.                     COM           577081102    222910    8532 SH       SOLE               8532      0    0
McDonald's Corp                  COM           580135101    240992    5860 SH       SOLE               5860      0    0
Merck & Co                       COM           589331107   6869212   93300 SH       SOLE              93300      0    0
Microsoft Corp                   COM           594918104   3614264   40075 SH       SOLE              40075      0    0
Miller (Herman) Inc              COM           600544100   3578400  170400 SH       SOLE             170400      0    0
Mobil Corp                       COM           607059102    291806    2955 SH       SOLE               2955      0    0
Morgan Stanley Dean Witter Disco COM           617446448   1985275   19344 SH       SOLE              19344      0    0
Morgan, J.P. & Co.               COM           616880100   1798400   12800 SH       SOLE              12800      0    0
Motorola, Inc.                   COM           620076109   2866661   30255 SH       SOLE              30255      0    0
Newell Co                        COM           651192106    369840    7975 SH       SOLE               7975      0    0
Novellus Systems Inc             COM           670008101    341250    5000 SH       SOLE               5000      0    0
Oracle Systems                   COM           68389X105   3465618   93350 SH       SOLE              93350      0    0
Overland Data                    COM           690213103    202087   31700 SH       SOLE              31700      0    0
Pall Corporation                 COM           696429307   2979781  134300 SH       SOLE             134300      0    0
Pepsico Inc.                     COM           713448108   4559410  117852 SH       SOLE             117852      0    0
Pfizer Inc                       COM           717081103    730300    6700 SH       SOLE               6700      0    0
PG&E Corp.                       COM           69331C108    205036    6320 SH       SOLE               6320      0    0
Philip Morris                    COM           718154107    373743    9300 SH       SOLE               9300      0    0
Procter & Gamble Co.             COM           742718109    489982    5490 SH       SOLE               5490      0    0
Sara Lee                         COM           803111103   5571427  245572 SH       SOLE             245572      0    0
SBC Communications Inc.          COM           78387G103   4763308   82126 SH       SOLE               82126      0    0
Schering Plough                  COM           806605101    222967    4247 SH       SOLE                4247      0    0
Schlumberger Ltd.                COM           806857108   2458337   38600 SH       SOLE               38600      0    0
Schwab, (Charles & Co.)          COM           808513105   2786367   25563 SH       SOLE               25563      0    0
Staples                          COM           855030102    924319   29877 SH       SOLE               29877      0    0
State Street Corp                COM           857477103   8160142   95580 SH       SOLE               95580      0    0
Steris Corp                      COM           859152100   3411937  176100 SH       SOLE              176100      0    0
Sun Micro Systems                COM           866810104   3874907   56260 SH       SOLE               56260      0    0
Texas Instruments                COM           882508104   8395200   58300 SH       SOLE               58300      0    0
Union Pacific                    COM           907818108   2859061   49030 SH       SOLE               49030      0    0
Vodafone AirTouch PLC-SP ADR     SPONSORED ADR 92857T107    843258    4280 SH       SOLE                4280      0    0
Watson Pharmaceutical            COM           942683103   2731368   77900 SH       SOLE               77900      0    0
Wells Fargo                      COM           949746101    239955    5613 SH       SOLE                5613      0    0
Xerox Corp                       COM           984121103    220893    3740 SH       SOLE                3740      0    0
Xilinx, Inc.                     COM           983919101  21692025  378900 SH       SOLE              378900      0    0


</TABLE>


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