UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
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Check here if Amendment [ ]; Amendment Number:
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This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Shay Assets Management, Inc.
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Address: 230 West Monroe Street, Suite 2810
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Chicago, IL 60606
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Form 13F File Number: 28-7232
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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: Edward E. Sammons, Jr.
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Title: President
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Phone: (312) 214-6590
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Signature, Place, and Date of Signing:
/s/ Edward E. Sammons, Jr. Chicago, IL 8/9/99
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Signature City, State Date
Report Type:
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NONE
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Form 13F Information Table Entry Total: 32
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Form 13F Information Table Value Total: $ 179,029
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(thousands)
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<TABLE>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
INVESTMENT DISCRETION
VALUE SHRS OR SH/ PUT/ SHARED SHARED OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED NONE
- -------------- -------------- ----- -------- ------- --- ---- ----- ------- ----- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Abbott Laboratories common 002824100 $6,052 133,000 X X
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Albertsons Inc common 013104104 $5,981 116,000 X X
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American Express common 025816109 $2,603 20,000 X X
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Automatic Data Processing common 053015103 $6,600 150,000 X X
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Berkshire Hathaway common 084670108 $2,756 40 X X
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Campbell Soup Company common 134429109 $6,493 140,000 X X
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Clorox Co common 189054109 $4,913 46,000 X X
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Coca-Cola Company common 191216100 $5,750 92,000 X X
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Disney Walt Co common 254687106 $5,546 180,000 X X
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Electronic Data Systems common 285661104 $6,505 115,000 X X
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Emerson Electric Co common 291011104 $6,445 102,500 X X
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Fannie Mae common 313586109 $6,427 94,000 X X
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Freddie Mac common 313400301 $6,322 109,000 X X
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Gannett Co Inc common 364730101 $6,245 87,500 X X
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Gap Inc common 364760108 $7,556 150,000 X X
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<PAGE>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
INVESTMENT DISCRETION
VALUE SHRS OR SH/ PUT/ SHARED SHARED OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED NONE
- -------------- -------------- ----- -------- ------- --- ---- ----- ------- ----- -------- ---- ------ ----
Genuine Parts Co common 372460105 $1,750 50,000 X X
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Gillette Co common 375766102 $4,797 117,000 X X
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Hewlett-Packard Co common 428236103 $5,528 55,000 X X
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Hubbell Inc - Class B Class B 443510201 $3,176 70,000 X X
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Intel Corp common 458140100 $7,021 118,000 X X
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Int'l Flavors & Fragrances common 459506101 $6,213 140,000 X X
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Interpublic Group of Cos common 460690100 $6,670 77,000 X X
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Johnson & Johnson common 478160104 $6,811 69,500 X X
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M&T Bank Corp common 55261F104 $2,200 4,000 X X
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McDonald's Corp common 580135101 $5,371 130,000 X X
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Merck & Co common 589331107 $6,290 85,000 X X
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Microsoft Corp common 594918104 $7,215 80,000 X X
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Philip Morris Companies common 718154107 $6,229 155,000 X X
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Pitney Bowes Inc common 724479100 $5,590 87,000 X X
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Sysco Corporation common 871829107 $6,410 215,000 X X
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<PAGE>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
INVESTMENT DISCRETION
VALUE SHRS OR SH/ PUT/ SHARED SHARED OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED NONE
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Wal-Mart Stores common 931142103 $6,514 135,000 X X
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Walgreen Company common 931422109 $5,053 172,000 X X
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COLUMN TOTALS $179,029
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</TABLE>
