UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: September 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: Lodestar Investment Counsel, Inc.
Address: 208 South LaSalle Street
Suite 1710
Chicago, Illinois 60604
13F File Number: 028-07076
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:
Name: William A. Goldstein
Title: President
Phone: 312-630-9666
William A. Goldstein, Chicago, Illinois, October 30, 2000
Report Type (Check only one):
[x] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of other Managers Reporting for this Manager: NONE
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 97
Form 13F Information Table Value Total: $193,241
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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>
ALCOA COM 013817101 202 8000 SH SOLE 8000
Abbott Laboratories COM 002824100 1229 25837 SH SOLE 25837
Aetna Inc COM 008117103 586 10100 SH SOLE 10100
Agilent Technologies COM 00846U101 720 14714 SH SOLE 14714
Albertson's Inc COM 013104104 1174 55913 SH SOLE 55913
Allstate Corporation COM 020002101 5460 157128 SH SOLE 157128
America On-Line COM 02364J104 345 6420 SH SOLE 6420
American Express COM 025816109 4456 73347 SH SOLE 73347
American Home Products COM 026609107 3805 67275 SH SOLE 67275
American International Group COM 026874107 209 2183 SH SOLE 2183
American Telephone and Telegra COM 001957109 2249 76557 SH SOLE 76557
Amli Residential Properties COM 001735109 2454 102264 SH SOLE 102098
Automatic Data Processing COM 053015103 588 8800 SH SOLE 8800
BP Amoco PLC COM 055622104 5903 111373 SH SOLE 111373
Bank One COM 06423A103 7483 193733 SH SOLE 193733
Boeing Co COM 097023105 7086 112470 SH SOLE 112470
Bristol Myers Squibb COM 110122108 4206 73630 SH SOLE 73630
Cedar Fair L.P. Dep. Rcts. COM 150185106 474 25700 SH SOLE 25700
Chubb Corporation COM 171232101 483 6100 SH SOLE 6100
Citigroup COM 172967101 656 12134 SH SOLE 12134
Coca Cola COM 191216100 959 17400 SH SOLE 17400
Dean Foods COM 242361103 3723 111975 SH SOLE 111975
Dow Chemical COM 260543103 229 9173 SH SOLE 9173
DuPont COM 263534109 1292 31170 SH SOLE 31170
Dun & Bradstreet COM 26483B106 294 8550 SH SOLE 8550
Eli Lilly & Company COM 532457108 973 12000 SH SOLE 12000
Emerson Electric COM 291011104 971 14500 SH SOLE 14500
Exxon Mobil Corp COM 30231g102 4269 47902 SH SOLE 47902
Fannie Mae COM 313586109 1338 18709 SH SOLE 18709
Federated Department Stores In COM 31410H101 2127 81412 SH SOLE 81212
First Data Corp COM 319963104 703 18000 SH SOLE 18000
First Health Group Corp. COM 320960107 613 19000 SH SOLE 19000
First Union Corp COM 337358105 431 13400 SH SOLE 13400
General Electric COM 369604103 9164 158850 SH SOLE 158850
H&R Block COM 093671105 341 9200 SH SOLE 9200
Hartmarx Corporation COM 417119104 157 52400 SH SOLE 52400
Hershey Foods COM 427866108 303 5600 SH SOLE 5600
Hewlett-Packard COM 428236103 3903 40234 SH SOLE 40234
Hillenbrand Industries COM 431573104 1969 44000 SH SOLE 44000
IMS Health Inc COM 449934108 424 20412 SH SOLE 20412
Illinois Tool Works Inc COM 452308109 263 4700 SH SOLE 4700
Intel COM 458140100 3935 94680 SH SOLE 94680
International Business Machine COM 459200101 801 7124 SH SOLE 7124
Johnson & Johnson COM 478160104 5141 54728 SH SOLE 54728
Kellogg COM 487836108 2961 122435 SH SOLE 122435
Kimberly Clark Corp COM 494368103 1986 35587 SH SOLE 35587
Koninklijke Philips Electronic COM 500472303 4079 95971 SH SOLE 95971
Lucent Technologies COM 549463107 576 18834 SH SOLE 18834
Merck & Co. COM 589331107 7396 99364 SH SOLE 99264
Minnesota Mining and Manufactu COM 604059105 805 8836 SH SOLE 8803
Morgan Stanley Dean Witter COM 617446448 443 4846 SH SOLE 4846
Motorola COM 620076109 5795 205145 SH SOLE 205145
Nestle S.A. Registered Voting COM 641069406 7474 71768 SH SOLE 71768
New Plan Excel Realty Trust COM 648053106 207 15100 SH SOLE 15100
Newell Rubbermaid, Inc. COM 651229106 1468 64350 SH SOLE 64350
Nordstrom Inc. COM 655664100 1487 95550 SH SOLE 95550
Northern Trust Co. COM 665859104 749 8426 SH SOLE 8426
Pepsico COM 713448108 1127 24490 SH SOLE 24490
Pfizer COM 717081103 2336 51983 SH SOLE 51983
Pharmacia Corporation COM 71713U102 835 13876 SH SOLE 13876
Philip Morris Co. COM 718154107 209 7115 SH SOLE 7115
Pitney Bowes COM 724479100 217 5500 SH SOLE 5500
Procter & Gamble COM 742718109 1884 28115 SH SOLE 28115
Provident Financial Group COM 743866105 248 8437 SH SOLE 8437
RR Donnelley & Sons COM 257867101 4881 198700 SH SOLE 198500
Reader's Digest Association In COM 755267101 5337 151133 SH SOLE 151133
Royal Dutch Petroleum COM 780257804 3674 61291 SH SOLE 61291
SBC Communications COM 78387G103 5389 107772 SH SOLE 107772
Sara Lee COM 803111103 773 38052 SH SOLE 38052
Schering-Plough COM 806605101 1469 31600 SH SOLE 31600
Simon Property Group, Inc COM 828806109 619 26408 SH SOLE 26408
Sun Microsystems COM 866810104 233 2000 SH SOLE 2000
TXU Corporation COM 873168108 507 12805 SH SOLE 12805
The Tribune Company COM 896047107 7537 172770 SH SOLE 172770
Tiffany & Co. New COM 886547108 4109 106560 SH SOLE 106560
Time Warner COM 887315109 913 11670 SH SOLE 11670
Verizon Communications, Inc. COM 92343V104 345 7130 SH SOLE 7130
Viacom Inc. Cl. B COM 925524308 6667 113958 SH SOLE 113958
Vodafone Group PLC(New) COM 92857W100 2085 56350 SH SOLE 56350
WD-40 Company COM 929236107 1018 47900 SH SOLE 47900
Wal-Mart Stores Inc COM 931142103 895 18600 SH SOLE 18600
Walgreen Co COM 931422109 2229 58746 SH SOLE 58546
Walt Disney Company COM 254687106 1053 27532 SH SOLE 27532
Walter Industries COM 93317Q105 89 10000 SH SOLE 10000
Waste Management COM 94106L109 709 40647 SH SOLE 40647
William Wrigley Co. COM 982526105 211 2820 SH SOLE 2820
Worldcom Inc. COM 98157D106 2017 66394 SH SOLE 66394
Acorn Fund Inc. FUND 004851101 338 17916.503SH SOLE 17916.503
American Mutual Growth & Incom FUND 027681105 235 9896.403 SH SOLE 9896.403
Fundamental Investors Inc. FUND 360802102 553 16302.534SH SOLE 16302.534
Investment Company of America FUND 461308108 384 11755.934SH SOLE 11755.934
Nicholas II FUND 653740100 976 26694.865SH SOLE 26694.865
Skyline Special Equities Fund FUND 830833208 714 38571.221SH SOLE 38571.221
Vanguard Group Wellington Fund FUND 949527105 300 10667.683SH SOLE 10667.683
Washington Mutual Inv Fd FUND 939330106 564 18912.842SH SOLE 18912.842
Boston Chicken, Inc. CNV 100578AA1 0 100000 PRN SOLE 100000
UTS Uncommon Values Tr #99A An 294933403 43 50581 SH SOLE 50581
REPORT SUMMARY 97 DATA RECORDS 193241
0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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