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
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: Elliott and Associates
Address: 230 Fountain Square
Bloomington, IN 47404
13F File Number: 028-04845
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: Julie Higgins
Title: Vice President
Phone: 812-332-5259
Signature, Place, and Date of Signing:
Julie Higgins Bloomington, IN August 19, 1999
Report Type (Check only one):
(x) 13F HOLDINGS REPORT
( ) 13F NOTICE
( ) 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
<PAGE>
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 115
Form 13F Information Table Value Total: $165,956
<PAGE>
<TABLE> <C> <C>
Description Symbol CUSIP Quantity Price Value
AES Corporation AES 00130H105 31700 58.13 "$1,842,563 "
Allstate Corporation ALL 20002001 34526 35.88 "$1,238,620 "
Alza Corporation AZA 22615108 16700 50.88 "$849,613 "
"American Biomed, Inc." ABMI 02461T104 10000 0.14 "$1,350 "
American Home Products AHP 26609107 34591 57.5 "$1,988,983 "
"Apollo Group, Inc. Cla A" APOL 37604105 28700 26.56 "$762,272 "
"Apple Computer, Inc." AAPL 37833100 21300 46.31 "$986,403 "
"Applied Materials, Inc." AMAT 38222105 37500 73.88 "$2,770,313 "
Archstone Community Trust ASN 743445108 30094 21.94 "$660,187 "
Armstrong World Ind. ACK 42476101 4000 57.81 "$231,250 "
At & T Corp. T 1957109 5710.54 55.81 "$318,722 "
Banc One Corp Ohio ONE 64234103 21328 59.56 "$1,270,296 "
Bank of New York BK 64057102 45000 36.69 "$1,650,938 "
BankAmerica Corporation BAC 66050105 2838 73.31 "$208,054 "
Bear Stearns Co. Inc. BSC 73902108 23420 46.75 "$1,094,885 "
"Berkshire Hathaway, Inc." BRKA 84670108 3 68900 "$206,700 "
"Bowater, Inc." BOW 10218300 22200 47.38 "$1,051,725 "
BP Amoco PLD ADR BPA 55622104 93670 108.5 "$10,163,195 "
Bristol Myers Squibb Co BMY 110122108 29200 70.44 "$2,056,790 "
Cadence Design Systems CDN 127387108 32000 12.63 "$404,000 "
CBL & Associates CBL 184830100 8000 26.38 "$211,000 "
CBRL Group Inc. CBRL 224100107 22600 17.31 "$391,206 "
Cendant Corp. In. Prides CDPR 151313301 25050 34.44 "$862,672 "
Cendant Corporation CD 126545102 68689 20.5 "$3,458,125 "
Chevron Corporation CHV 166751107 4000 95.06 "$380,250 "
Cisco Systems Inc. CSCO 12000 64.31 "$771,720 "
Citigroup C 173034430 20100 47.5 "$954,750 "
CMC Industries Inc. CMCI 125708107 20000 6.81 "$136,250 "
Colgate-Palmolive CL 194162103 10450 98.5 "$1,029,325 "
Compaq Computer CPQ 204493100 3200 23.69 "$2,444,602 "
Conseco Incorporated CNC 208464107 22418 30.44 "$682,359 "
Crescent Real Estate CEI 225756105 19600 23.75 "$465,500 "
Customtracks Corporation CUST 232046102 10500 55.94 "$587,344 "
Danaher Corporation DHR 23581502 35000 58.13 "$2,034,375 "
Duke Realty Investments DRE 264411505 63700 22.56 "$1,437,072 "
duPont deNemours DD 263534109 7160 68.31 "$489,100 "
Elan Corp PLC ADR ELN 284131208 200 27.75 "$2,780,550 "
Eli Lilly & Co. LLY 532457108 88582.543 71.63 "$6,344,725 "
Entertainment Properties EPR 29380T105 17500 17.63 "$308,438 "
"EVI, Weatherford Inc." WFT 268939105 25000 36.63 "$915,625 "
Exxon XON 302290101 8736 77.13 "$673,764 "
Fannie Mae FNM 313586109 52800 68.25 "$3,603,600 "
First Indiana Corp. FISB 32054R108 9743 21.38 "$208,257 "
First Merit Corporation FBOH 24165 28.06 "$678,142 "
First Union Corp FTU 9400 47 "$441,800 "
Firstar Corp. FSR 20778 28 "$581,784 "
Fort James Corp Virginia FJ 347471104 32400 37.88 "$1,227,150 "
Fox Entertainment Group FOX 35138T107 78100 26.94 "$2,103,819 "
Freddie Mac FRE 313400301 34900 58 "$2,024,200 "
Gap Inc. GPS 364760108 23400 50.38 "$1,178,775 "
General Electric GE 369604103 19950 113 "$2,254,350 "
Guidant Corporation GDT 401698105 11300 51.13 "$577,713 "
Gulfstream Aerospace Corp GAC 351811149 55900 67.56 "$3,776,744 "
Halliburton Company HAL 406216101 10000 45.25 "$452,500 "
Health Management Assoc. HMA 421933102 247021 11.25 "$2,778,986 "
Hewlett Packard Inc HWP 428236103 13990 100.5 "$1,405,995 "
HRPT Properties Trust HRP 422169102 14800 15.31 "$226,588 "
Intel Corporation INTC 458140100 4600 59.5 "$273,700 "
Inter Tel Inc. INTL 458372109 15000 18.25 "$273,750 "
Intl Business Machines IBM 459200101 4498 129.25 "$581,367 "
Kimberly-Clark Corp. KMB 494368103 16200 57 "$923,400 "
Kroger Company KR 501044101 80260 27.94 "$2,242,304 "
Lennar Corporation LEN 526057104 19900 24 "$477,600 "
Lucent Technologies LU 549463107 7886.42 67.44 "$531,844 "
Masco Corporation MAS 574599106 60850 28.88 "$1,757,044 "
Mattel Inc. MAT 522008101 46440 26.13 "$1,213,245 "
MCI Worldcom WCOM 98155K102 27987 86.06 "$2,408,561 "
"McKesson HBOC, Inc." MCK 58155Q103 49300 32.19 "$1,586,868 "
MCN Energy Prf. MCN 55267J308 9200 39.13 "$359,950 "
Medtronic Inc MDT 585055106 10000 77.88 "$778,750 "
Merck and Company Inc. MRK 589331107 72920 73.63 "$5,368,735 "
Merrill Lynch MER 590188108 50500 79.5 "$4,014,750 "
MGIC Invt Corp Wis MTG 552848103 15500 48.63 "$753,688 "
Microsoft Corporation MSFT 594918104 5300 90.19 "$477,994 "
Mobil Corporation MOB 607059102 4600 98.75 "$454,250 "
Monsanto Co. MTC 611662107 41600 39.56 "$1,645,696 "
Mutual Risk Managment MM 628351108 36858 33.38 "$1,230,136 "
"Nabors Industries, Inc." NBR 629568106 12900 24.38 "$314,438 "
Nestle ADR NSRG 641069406 4400 90.09 "$396,387 "
Network Associates Inc. NETA 640938106 81150 14.69 "$1,191,891 "
"Newell Rubbermaid, Inc." NWL 651192106 13200 46.38 "$612,150 "
Nortel Networks Corp Com NT 665815106 23000 86.81 "$1,996,630 "
Novartis NVTS 66987V109 40168 73.01 "$2,932,666 "
Oracle Corp ORCL 68389X105 57975 37.13 "$2,152,322 "
Oxford Health Plans Inc. OXHP 691471106 10000 15.56 "$155,600 "
Patriot American PAH 703353102 10121 4.25 "$43,014 "
Pfizer Inc. PFE 717081103 29700 109.75 "$3,259,575 "
Qwest Comm. Intl. Inc. QWST 749121109 40100 33.06 "$1,325,706 "
Revlon Inc. Class A REV 761525500 37700 30.25 "$1,140,425 "
Roche Holding Ltd. ROHH 771195104 9800 105 "$1,029,000 "
Royal Dutch Petroleum RD 780257804 15200 60.25 "$915,800 "
Saks Incorporated SKS 79377W108 36350 28.88 "$1,049,606 "
SBC Communications SBC 845333103 13528 58 "$784,624 "
Schlumberger Ltd. SLB 806857108 6400 63.69 "$407,600 "
Service Corp. Int'l SRV 817565104 26200 19.25 "$504,350 "
"SLI, Inc." SLI 78442T108 80000 27 "$2,160,000 "
Snyder Communications Inc SNC 832914105 15600 32.75 "$510,900 "
St. Mary's Land & Exp. MARY 792228108 13145 20.56 "$270,301 "
Staples SPLS 855030102 92500 30.94 "$2,861,719 "
Starwood Hotels & Resort HOT 85590A203 18100 30.56 "$553,181 "
Suiza Foods Corporation SZA 65000 41.88 "$2,721,875 "
Sun Microsystems Inc SUNW 866810104 13000 68.88 "$7,782,875 "
Sunbeam Corporation SOC 867071102 13500 7.94 "$107,163 "
Telecom Italia Spa TI 87927W106 15100 105.19 "$1,588,331 "
Texaco Inc TX 881694103 3272 62.38 "$204,091 "
Texas Instruments TXN 882508104 35500 144 "$5,112,000 "
Time Warner Inc TWX 887315109 34200 72.63 "$2,483,775 "
Tyco Internat'l LTD New TYC 902124106 30500 94.75 "$2,889,875 "
United Rentals Inc. URI 911363109 17200 29.5 "$507,400 "
United Technologies Corp. UTX 913017109 28000 72 "$2,016,000 "
Unocal Corp. UCL 915289102 21200 39.63 "$840,050 "
Wal Mart Stores WMT 931142103 14300 48.25 "$689,975 "
Warner Lambert Co. WLA 924488107 29300 69.13 "$2,025,363 "
"William Companies, Inc." WMB 969457100 24400 42.56 "$1,038,537 "
World Color Press Inc. WRC 981443104 50600 27.5 "$1,391,500 "
"$165,956,341 "
</TABLE>
Please note: We are trying to get this in better shape. We've
only filed once and then our hard drive crashed. Hopefully, it
will go through. The total value is correct, however, we need to
drop the last three places of our holdings and will change this.
Also note: All securities are sold descretion, except 67,455 shares
which are shared with the client
