UNITED STATES
SECUTITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR 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 FILLING THIS REPORT:
NAME: HENRY H. ARMSTRONG ASSOCIATES, INC.
ADDRESS: 1706 ALLEGHENY TOWER
625 STANWIX STREET
PITTSBURGH, PA 15222
13F FILE NUMBER: 28-7012
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 MCKAY AMRSTRONG
TITLE: PRESIDENT
PHONE: 412-471-1551
SIGNATURE, PLACE, AND DATE OF SIGNING:
JAMES MCKAY ARMSTRONG PITTSBURGH, PA APRIL 23, 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: 47
FORM 13F INFORMATION VALUE TOTAL: $237,883
LLIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
NAME OF ISSUER TITLE CUSIP VALUE SHARES/ INVSTMNT OTHER VOTING AUTH
OF CLASS (X$1000) PRN AMT DSCRETN MGRS SOLE SHRD NONE
................................................................................
Abbott Labs Common 002824100 3347 71490 Sole 71490
Allegheny TeledyneCommon017415100 215 11373 Sole 11373
Am. Home Prod. Common 026609107 2978 45634 Sole 45634
Am. Intl. Gr Common 026874107 744 6170 Sole 6170
Armstrong World Common 042476101 227 5030 Sole 5030
Automatic Data Common 053015103 6081 146970 Sole 146970
Berkshire Hath Common 084670991 17136 240 Sole 240
Berkshire Hath Common 084670207 2029 863 Sole 863
Bristol-Myers Common 110122108 2495 38912 Sole 38912
CBS Corp. Common 12490K107 219 5356 Sole 5356
Cedar Fair L.P. L. P. 150185106 1050 41800 Sole 41800
Cisco Systems Common 17275R102 22236 202953 Sole 202953
Citigroup Common 172967101 252 3946 Sole 3946
Coca-Cola Co. Common 191216100 13775 224436 Sole 224536
DuPont Common 263534109 296 5092 Sole 5092
Emerson Elec. Common 291011104 896 16918 Sole 16918
Exxon Common 302290101 6819 96630 Sole 96630
First Data Common 319963104 5330 124674 Sole 124674
Freddie Mac Common 313400301 10834 189039 Sole 189039
General ElectricCommon 369604103 23253 210201 Sole 210201
Gillette Co. Common 375766102 10951 184250 Sole 184250
H.J. Heinz Co. Common 423074103 2308 48710 Sole 48710
Hewlett Packard Common 428236103 5561 82009 Sole 82009
IBM Common 459200101 803 4533 Sole 4533
Intel Corp. Common 458140100 7735 65072 Sole 65072
Johnson & JohnsonCommon 471160104 6800 72730 Sole 72730
Lucent Tech. Common 549463107 435 4026 Sole 4026
Medtronic Common 585055106 11461 159460 Sole 159460
Merck & Co. Common 589331107 9029 112692 Sole 122692
Microsoft Common 594918104 24496 273320 Sole 273320
Minn. Mining Common 604059105 1031 14571 Sole 14571
Mutual Risk Mgt.Common 628351108 8991 233527 Sole 233527
National City Common 635405103 9333 140605 Sole 140605
Northern TelecomCommon 665815106 352 5670 Sole 5670
PepsiCo Common 713448108 274 7000 Sole 7000
Pfizer Inc. Common 717081103 2500 18020 Sole 18020
PNC Bank Corp. Common 693475105 419 7532 Sole 7532
PPG Industries Common 693506107 1725 33649 Sole 33649
Procter & GambleCommon 742718109 2962 30240 Sole 30240
Rockwood Hldgs Common 774413108 0 10629 Sole 10629
Sara Lee Corp. Common 803111103 666 26910 Sole 26910
Unitrin Inc. Common 913275103 351 11240 Sole 12240
Valspar Corp. Common 920355104 3133 99250 Sole 99250
Walgreen Co. Common 931422109 1274 45100 Sole 45100
Walt Disney Co. Common 254687106 538 17271 Sole 17271
WD-40 Co. Common 929236107 560 19300 Sole 19300
Wm. Wrigley Jr. Common 982526105 3983 44040 Sole 44040
</TABLE>
