UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
REPORT FOR THE CALENDAR YEAR OR QUARTER ENDED: 3/31/99
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: NORWEST INVESTMENT ADVISORS, INC
ADDRESS: 666 WALNUT
P.O. BOX 837
DES MOINES, IA 50304
13F FILE NUMBER: 28-7862
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 J. URBANEK
TITLE: PRESIDENT
PHONE: (515)245-3213
SIGNATURE,PLACE,AND DATE OF SIGNING:
JAMES J. URBANEK DES MOINES, IA 3/31/99
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.
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FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 139
FORM 13F INFORMATION TABLE VALUE TOTAL: $95,937,782
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
A T & T CORP COM COMMON STOCK 001957109 503 6303 SH OTHER 6303 0 0
AFLAC INC COMMON STOCK 001055102 3831 70375 SH OTHER 70375 0 0
AIRTOUCH COMMUNICATIONS INC CO COMMON STOCK 00949T100 10 100 SH OTHER 100 0 0
AMERICAN HOME PRODS CORP COMMON STOCK 026609107 2028 31090 SH OTHER 31090 0 0
AMERICAN INTL GROUP INC COMMON STOCK 026874107 3869 32076 SH OTHER 32076 0 0
AMERITECH CORP NEW 1 COM & 1 COMMON STOCK 030954101 86 1496 SH OTHER 1496 0 0
AT&T CORP - LIBERTY MEDIA-A COMMON STOCK 001957208 29 544 SH OTHER 544 0 0
BANKAMERICA CORP NEW COMMON STOCK 06605F102 791 11200 SH OTHER 11200 0 0
BELL ATLANTIC CORP 1 COM & 1 COMMON STOCK 077853109 111 2152 SH OTHER 2152 0 0
BELLSOUTH CORP 1 COM & 1 TAKEO COMMON STOCK 079860102 66 1648 SH OTHER 1648 0 0
BLACK & DECKER MFG CO 1 COM & COMMON STOCK 091797100 2197 39650 SH OTHER 39650 0 0
BRENTON BKS INC COMMON STOCK 107211104 343 26408 SH OTHER 26408 0 0
BRISTOL MYERS SQUIBB CO COMMON STOCK 110122108 1060 16530 SH OTHER 16530 0 0
BURLINGTON NORTHN SANTA FE COR COMMON STOCK 12189T104 1 33 SH OTHER 33 0 0
CASEYS GEN STORES INC 1 COM & COMMON STOCK 147528103 155 10526 SH OTHER 10526 0 0
CHEVRON CORP 1 COM & 1 TAKEOVE COMMON STOCK 166751107 13 150 SH OTHER 150 0 0
CISCO SYS INC COMMON STOCK 17275R102 3156 28813 SH OTHER 28813 0 0
CITIGROUP INC COMMON STOCK 172967101 192 3000 SH OTHER 3000 0 0
CLAIRES STORES INC COMMON STOCK 179584107 68 2250 SH OTHER 2250 0 0
COCA COLA CO COMMON STOCK 191216100 123 2000 SH OTHER 2000 0 0
COMPAQ COMPUTER CORP 1 COM & 1 COMMON STOCK 204493100 1632 51485 SH OTHER 51485 0 0
COX COMMUNICATIONS INC CL A COMMON STOCK 224044107 35 461 SH OTHER 461 0 0
DAYTON HUDSON CORP 1 COM & 1 COMMON STOCK 239753106 3267 49029 SH OTHER 49029 0 0
DEERE & CO COMMON STOCK 244199105 58 1500 SH OTHER 1500 0 0
DISNEY WALT CO COM COMMON STOCK 254687106 56 1800 SH OTHER 1800 0 0
DOW CHEM CO COMMON STOCK 260543103 9 100 SH OTHER 100 0 0
DU PONT E I DE NEMOURS & CO COMMON STOCK 263534109 911 15675 SH OTHER 15675 0 0
EASTMAN CHEM CO COM COMMON STOCK 277432100 6 145 SH OTHER 145 0 0
EASTMAN KODAK CO COMMON STOCK 277461109 101 1580 SH OTHER 1580 0 0
EMERSON ELEC CO 1 COM & 1 TAKE COMMON STOCK 291011104 1944 36070 SH OTHER 36070 0 0
EXXON CORP COMMON STOCK 302290101 169 2400 SH OTHER 2400 0 0
FED NATL MTG ASSN COMMON STOCK 313586109 727 10500 SH OTHER 10500 0 0
FIFTH THIRD BANCORP COMMON STOCK 316773100 332 5031 SH OTHER 5031 0 0
GENERAL ELEC CO COMMON STOCK 369604103 3098 28000 SH OTHER 28000 0 0
GENERAL MTRS CORP COMMON STOCK 370442105 87 1000 SH OTHER 1000 0 0
GENERAL MTRS CORP CL H NEW COMMON STOCK 370442832 51 1018 SH OTHER 1018 0 0
GILLETTE CO COM COMMON STOCK 375766102 2545 42804 SH OTHER 42804 0 0
GREAT LAKES CHEM CORP 1 COM & COMMON STOCK 390568103 7 200 SH OTHER 200 0 0
GTE CORP 1 COM & 1 TAKEOVER RT COMMON STOCK 362320103 1140 18850 SH OTHER 18850 0 0
HALLIBURTON CO 1 COM & 1 TAKEO COMMON STOCK 406216101 8 200 SH OTHER 200 0 0
HERCULES INC 1 COM & 1 TAKEOVE COMMON STOCK 427056106 501 19775 SH OTHER 19775 0 0
HEWLETT PACKARD CO COMMON STOCK 428236103 2494 36775 SH OTHER 36775 0 0
HOME DEPOT INC COMMON STOCK 437076102 2894 46490 SH OTHER 46490 0 0
HONEYWELL INC 1 COM & 1 TAKEOV COMMON STOCK 438506107 2134 28145 SH OTHER 28145 0 0
IMS HEALTH INC COM COMMON STOCK 449934108 1895 57200 SH OTHER 57200 0 0
INTEL CORP COM COMMON STOCK 458140100 3347 28150 SH OTHER 28150 0 0
INTERNATIONAL BUSINESS MACHS C COMMON STOCK 459200101 590 3325 SH OTHER 3325 0 0
JOHNSON & JOHNSON COMMON STOCK 478160104 2819 30150 SH OTHER 30150 0 0
LUCENT TECHNOLOGIES INC COM COMMON STOCK 549463107 3131 28990 SH OTHER 28990 0 0
MACERICH CO COM COMMON STOCK 554382101 136 6000 SH OTHER 6000 0 0
MAYTAG CORP 1 COM & 1 TAKEOVER COMMON STOCK 578592107 664 11000 SH OTHER 11000 0 0
MCDONALDS CORP 1 COM & 1 TAKEO COMMON STOCK 580135101 54 1200 SH OTHER 1200 0 0
MCKESSON HBOC INC COMMON STOCK 58155Q103 1800 27275 SH OTHER 27275 0 0
MEDIAONE GROUP INC COM COMMON STOCK 58440J104 63 1000 SH OTHER 1000 0 0
MEDTRONIC INC 1 COM & 1 TAKEOV COMMON STOCK 585055106 2224 30952 SH OTHER 30952 0 0
MERCANTILE BANCORPORATION INC COMMON STOCK 587342106 83 1755 SH OTHER 1755 0 0
MERCK & CO INC COMMON STOCK 589331107 3057 38150 SH OTHER 38150 0 0
MEREDITH CORP COMMON STOCK 589433101 75 2400 SH OTHER 2400 0 0
MERRILL LYNCH & CO INC 1 COM & COMMON STOCK 590188108 304 3425 SH OTHER 3425 0 0
MICROSOFT CORP COMMON STOCK 594918104 2962 33050 SH OTHER 33050 0 0
MINNESOTA MNG & MFG CO COMMON STOCK 604059105 7 100 SH OTHER 100 0 0
MOBIL CORP COM COMMON STOCK 607059102 176 2000 SH OTHER 2000 0 0
MOTOROLA INC 1 COM & 1 TAKEOVE COMMON STOCK 620076109 81 1100 SH OTHER 1100 0 0
NCR CORPORATION COM COMMON STOCK 62886E108 3 65 SH OTHER 65 0 0
NOBLE DRILLING CORP COMMON STOCK 655042109 287 16500 SH OTHER 16500 0 0
OCTEL CORP - W/I COM COMMON STOCK 675727101 1 50 SH OTHER 50 0 0
OFFICE DEPOT INC COMMON STOCK 676220106 155 4150 SH OTHER 4150 0 0
PEPSICO INC COMMON STOCK 713448108 2864 73065 SH OTHER 73065 0 0
PHILIP MORRIS COS COM COMMON STOCK 718154107 11 300 SH OTHER 300 0 0
PIONEER HI BRED INTL INC 1 COM COMMON STOCK 723686101 263 7000 SH OTHER 7000 0 0
PITNEY BOWES INC 1 COM & 1 COMMON STOCK 724479100 223 3500 SH OTHER 3500 0 0
PROCTER & GAMBLE CO COMMON STOCK 742718109 2845 29050 SH OTHER 29050 0 0
RAYTHEON CO CL A COMMON STOCK 755111309 40 693 SH OTHER 693 0 0
SARA LEE CORP 1 COM & 1 TAKEOV COMMON STOCK 803111103 2088 84376 SH OTHER 84376 0 0
SBC COMMUNICATIONS INC COM COMMON STOCK 78387G103 66 1394 SH OTHER 1394 0 0
SEARS ROEBUCK & CO COMMON STOCK 812387108 5 100 SH OTHER 100 0 0
SERVICE CORP INTL 1 COM & 1 COMMON STOCK 817565104 43 3000 SH OTHER 3000 0 0
SERVICEMASTER CO COM COMMON STOCK 81760N109 143 7050 SH OTHER 7050 0 0
ST JUDE MED INC 1 COM & 1 TAKE COMMON STOCK 790849103 219 8965 SH OTHER 8965 0 0
STATE STREET CORP COM COMMON STOCK 857477103 2688 32675 SH OTHER 32675 0 0
SUN MICROSYSTEMS INC COM COMMON STOCK 866810104 1936 15475 SH OTHER 15475 0 0
SUNBEAM CORPORATION COM COMMON STOCK 867071102 17 3000 SH OTHER 3000 0 0
TCI SATELLITE ENTERTAINMENT IN COMMON STOCK 872298104 0 97 SH OTHER 97 0 0
TEXACO INC 1 COM & 1 TAKEOVER COMMON STOCK 881694103 2212 38975 SH OTHER 38975 0 0
TRANSAMERICA CORP 1 COM & 1 COMMON STOCK 893485102 2411 33950 SH OTHER 33950 0 0
TRICON GLOBAL RESTAURANTS, INC COMMON STOCK 895953107 14 200 SH OTHER 200 0 0
UNISOURCE ENERGY CORP COM COMMON STOCK 909205106 22 2000 SH OTHER 2000 0 0
UNITED STATE FILTER CORP NEW COMMON STOCK 911843209 772 25200 SH OTHER 25200 0 0
UNITED TECHNOLOGIES CORP COMMON STOCK 913017109 27 200 SH OTHER 200 0 0
US BANCORP DEL COM COMMON STOCK 902973106 2379 69900 SH OTHER 69900 0 0
US WEST INC COM COMMON STOCK 91273H101 57 1027 SH OTHER 1027 0 0
WAL MART STORES INC COMMON STOCK 931142103 562 6100 SH OTHER 6100 0 0
WELLS FARGO CO COMMON STOCK 949746101 775 22100 SH OTHER 22100 0 0
XEROX CORP 1 COM & 1 TAKEOVER COMMON STOCK 984121103 1723 33050 SH OTHER 33050 0 0
ING GROEP N V SPONSORED ADR COMMON STOCK 456837103 166 3023 SH OTHER 3023 0 0
NEWS CORP LTD SPONSORED ADR RE COMMON STOCK 652487802 228 8295 SH OTHER 8295 0 0
ROYAL DUTCH PETE CO NY REGISTR COMMON STOCK 780257804 2203 42360 SH OTHER 42360 0 0
SCHLUMBERGER LTD ADR COMMON STOCK 806857108 2058 34190 SH OTHER 34190 0 0
MORGAN STANLEY FIN PLC PREFERRED STOCK 616906707 102 4000 SH OTHER N.A. N.A. N.A.
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<CAPTION>
FORM 13F INFORMATION TABLE 3/31/99
- ----------------------------------------------------------------------------------------------------------------------------
NAME OF ISSUER TITLE OF CUSIP VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
CLASS (X$1000) PRINC AMT PRN CALL DSCRETN MGRS
SOLE SHARED NONE
(A) (B) (C)
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AFLAC INC COM COMMON 001055102 408 7500 SH SOLE 7500
AT&T CORP COM COMMON 001957109 88 1100 SH SOLE 1100
AMERICAN HOME PRODS CORP COM COMMON 026609107 131 2000 SH SOLE 2000
AMERICAN INTL GROUP INC COM COMMON 026874107 362 3000 SH SOLE 3000
BANK AMER CORP COM COMMON 060505104 106 1500 SH SOLE 1500
BLACK & DECKER CORP COM COMMON 091797100 388 7000 SH SOLE 7000
BRISTOL MYERS SQUIBB CO COM COMMON 110122108 410 6400 SH SOLE 6400
CISCO SYS INC COM COMMON 17275R102 466 4250 SH SOLE 4250
COMPAQ COMPUTER CORP COM COMMON 204493100 13 400 SH SOLE 400
DAYTON HUDSON CORP COM COMMON 239753106 466 7000 SH SOLE 7000
EMERSON ELEC CO COM COMMON 291011104 191 3600 SH SOLE 3600
FEDERAL NATL MTG ASSN COM COMMON 313586109 208 3000 SH SOLE 3000
GENERAL ELEC CO COM COMMON 369604103 509 4600 SH SOLE 4600
GILLETTE CO COM COMMON 375766102 423 7120 SH SOLE 7120
HEWLETT PACKARD CO COM COMMON 428236103 339 5000 SH SOLE 5000
HOME DEPOT INC COM COMMON 437076102 311 5000 SH SOLE 5000
HONEYWELL INC COM COMMON 438506107 356 4700 SH SOLE 4700
IMS HEALTH INC COM COMMON 449934108 166 5000 SH SOLE 5000
INTEL CORP COM COMMON 458140100 416 3500 SH SOLE 3500
JOHNSON & JOHNSON COM COMMON 478160104 327 3500 SH SOLE 3500
LUCENT TECHNOLOGIES INC COM COMMON 549463107 471 4360 SH SOLE 4360
MAY DEPT STORES CO COM COMMON 577778103 117 3000 SH SOLE 3000
MCDONALDS CORP COM COMMON 580135101 272 6000 SH SOLE 6000
MCKESSON HBOC INC COM COMMON 58155Q103 66 1000 SH SOLE 1000
MEDTRONIC INC COM COMMON 585055106 144 2000 SH SOLE 2000
MERCK & CO INC COM COMMON 589331107 401 5000 SH SOLE 5000
MICROSOFT CORP COM COMMON 594918104 502 5600 SH SOLE 5600
MOBIL CORP COM COMMON 607059102 211 2400 SH SOLE 2400
MONSANTO CO COM COMMON 611662107 92 2000 SH SOLE 2000
NEWELL RUBBERMAID INC COM COMMON 651229106 314 6600 SH SOLE 6600
PEPSICO INC COM COMMON 713448108 314 8000 SH SOLE 8000
PROCTER & GAMBLE CO COM COMMON 742718109 392 4000 SH SOLE 4000
SARA LEE CORP COM COMMON 803111103 99 4000 SH SOLE 4000
SCHLUMBERGER LTD COM COMMON 806857108 241 4000 SH SOLE 4000
STATE STR CORP COM COMMON 857477103 452 5500 SH SOLE 5500
SUN MICROSYSTEMS INC COM COMMON 866810104 338 2700 SH SOLE 2700
TEXACO INC COM COMMON 881694103 250 4400 SH SOLE 4400
TRANSAMERICA CORP COM COMMON 893485102 213 3000 SH SOLE 3000
US BANCORP DEL COM COMMON 902973106 119 3500 SH SOLE 3500
XEROX CORP COM COMMON 984121103 107 2000 SH SOLE 2000
====== ====== ======
REPORT TOTALS 11,196 164230 164230
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