UNITED STATES
SECURITEIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: March 31, 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 May 14, 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: 80
Form 13F Information Table Value Total: $227,312
<PAGE>
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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 2824100 5430192 116000 SH SOLE 116000 0 0
ACNielsen COM 4833109 4326356 159497 SH SOLE 159497 0 0
AirTouch Communications COM 00949T10 513561 5315 SH SOLE 5315 0 0
American Express COM 25816109 4804200 40800 SH SOLE 40800 0 0
American Home Products COM 26609107 332775 5100 SH SOLE 5100 0 0
American Intl Group COM 26874107 639553 5302 SH SOLE 5302 0 0
Amgen COM 31162100 2020127 26980 SH SOLE 26980 0 0
Apache Corp. COM 37411105 432629 16600 SH SOLE 16600 0 0
Applied Materials Inc COM 38222105 205726 3335 SH SOLE 3335 0 0
AT&T Corp COM 1957109 2069357 25927 SH SOLE 25927 0 0
Atlantic Richfield COM 48825103 394875 5400 SH SOLE 5400 0 0
Avery Dennison Corp COM 53611109 5126125 89150 SH SOLE 89150 0 0
Baldor Electric COM 57741100 4002963 198905 SH SOLE 198905 0 0
Bell Atlantic Corp. COM 77853109 305366 5908 SH SOLE 5908 0 0
BellSouth Corp COM 79860102 237006 5916 SH SOLE 5916 0 0
Bestfoods COM 08658U10 4168900 88700 SH SOLE 88700 0 0
Boeing Co COM 97023105 353940 10410 SH SOLE 10410 0 0
BP Amoco Plc-ADR SPONSORED ADR 55622104 3289969 32573 SH SOLE 32573 0 0
Bristol Myers Squibb COM 11012210 654459 10206 SH SOLE 10206 0 0
Carnival Corp COM 14365810 3268222 67300 SH SOLE 67300 0 0
CBS COM 12490K10 5448402 133500 SH SOLE 133500 0 0
Chevron Corp. COM 16675110 3172276 35743 SH SOLE 35743 0 0
Cisco Systems Inc. COM 17275R10 11159218 101853 SH SOLE 101853 0 0
Citigroup COM 17296710 6129125 95955 SH SOLE 95955 0 0
Coca-Cola COM 19121610 532857 8682 SH SOLE 8682 0 0
Colgate Palmolive COM 19416210 1011080 10990 SH SOLE 10990 0 0
Compaq Computers COM 20449310 4635839 146301 SH SOLE 146301 0 0
Corvus Systems Inc. COM 22101610 12 12000 SH SOLE 12000 0 0
Dial Corp COM 25247D10 3882518 112946 SH SOLE 112946 0 0
Disney (Walt & Co.) COM 25468710 871188 27990 SH SOLE 27990 0 0
DuPont (E.I.) deNemours COM 26353410 264414 4554 SH SOLE 4554 0 0
Enron Corp. COM 29356110 6383237 99350 SH SOLE 99350 0 0
Exxon Corp COM 30229010 753233 10674 SH SOLE 10674 0 0
Federal National Mtge COM 31358610 881150 12724 SH SOLE 12724 0 0
General Electric COM 36960410 6664016 60239 SH SOLE 60239 0 0
GTE Corp COM 36232010 4332949 71619 SH SOLE 71619 0 0
Harken Energy Corp COM 41255210 30712 18900 SH SOLE 18900 0 0
Healtheon COM 42220910 646471 15200 SH SOLE 15200 0 0
Hewlett Packard COM 42823610 7148464 105415 SH SOLE 105415 0 0
Home Depot COM 43707610 881651 14163 SH SOLE 14163 0 0
IMS Health COM 44993410 5830000 176000 SH SOLE 176000 0 0
Intel Corporation COM 45814010 11868480 99840 SH SOLE 99840 0 0
Int'l Business Machine COM 45920010 9449338 53310 SH SOLE 53310 0 0
Johnson & Johnson COM 47816010 6614497 70743 SH SOLE 70743 0 0
Kennametal COM 48917010 2001671 113570 SH SOLE 113570 0 0
Lancaster Colony COM 51384710 501295 18828 SH SOLE 18828 0 0
Lilly Eli & co COM 53245710 456963 5383 SH SOLE 5383 0 0
Loral Space & Communication COM G5646210 872716 60450 SH SOLE 60450 0 0
Lucent Technologies COM 54946310 294340 2725 SH SOLE 2725 0 0
MCI WorldCom Inc COM 55268B10 414115 4676 SH SOLE 4676 0 0
Merck & Co COM 58933110 5992548 74790 SH SOLE 74790 0 0
Microsoft Corp COM 59491810 2410912 26900 SH SOLE 26900 0 0
Miller (Herman) Inc COM 60054410 2987525 163700 SH SOLE 163700 0 0
Mobil Corp COM 60705910 216040 2455 SH SOLE 2455 0 0
Morgan Stanley Dean Witter Disco COM 61744644 1963257 19644 SH SOLE 19644 0 0
Morgan, (J.P. & Co.) COM 61688010 1517512 12300 SH SOLE 12300 0 0
Motorola, Inc. COM 62007610 2230828 30455 SH SOLE 30455 0 0
Newell Co COM 65119210 213750 4500 SH SOLE 4500 0 0
Novellus Systems Inc COM 67000810 928635 16846 SH SOLE 16846 0 0
Oracle Systems COM 68389X10 2214181 83950 SH SOLE 83950 0 0
Overland Data COM 69021310 237750 31700 SH SOLE 31700 0 0
Pall Corporation COM 69642930 2234213 134900 SH SOLE 134900 0 0
Pfizer Inc COM 71708110 929625 6700 SH SOLE 6700 0 0
PG&E Corp. COM 69331C10 232685 7491 SH SOLE 7491 0 0
Philip Morris COM 71815410 332299 9443 SH SOLE 9443 0 0
Procter & Gamble COM 74271810 519555 5305 SH SOLE 5305 0 0
Sara Lee COM 80311110 5982075 241700 SH SOLE 241700 0 0
SBC Communications Inc. COM 78387G10 3781896 80147 SH SOLE 80147 0 0
Schering Plough COM 80660510 215475 3900 SH SOLE 3900 0 0
Schlumberger Ltd. COM 80685710 2124601 35300 SH SOLE 35300 0 0
Schwab, (Charles & Co.) COM 80851310 2426483 25243 SH SOLE 25243 0 0
Staples COM 85503010 1041973 31695 SH SOLE 31695 0 0
State Street Corp COM 85747710 7159862 87050 SH SOLE 87050 0 0
Steris Corp COM 85915210 4451700 167200 SH SOLE 167200 0 0
Sun Micro Systems COM 86681010 2123552 16980 SH SOLE 16980 0 0
Texas Instruments COM 88250810 5925225 59700 SH SOLE 59700 0 0
Union Pacific COM 90781810 2593297 48530 SH SOLE 48530 0 0
Watson Pharmaceutical COM 94268310 3035800 68800 SH SOLE 68800 0 0
Wells Fargo COM 94974610 211704 6038 SH SOLE 6038 0 0
Xilinx, Inc. COM 98391910 15368941 378900 SH SOLE 378900 0 0
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