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: Grant Investment Management
Address: 323 N. Quincy
Hinsdale, IL 60521
13F File Number:
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: Edmund Grant
Title: Proprietor
Phone: 630-986-1948
Signature, Place, and Date of Signing:
Edmund Grant Hinsdale, Illinois July 26, 1999
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: 0
Form 13F Information Table Value Total: 0
List of Other Included Managers: None
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FORM13F INFORMATION
TABLE
Name of Issuer Title of Cusip Fair Market Shares ofInvestment Discretion ManagersVoting Authority (Shares)
Class Number Value Principal(a) Sol(b) Share(c) Shared (a) Sol(b) Share(c) None
Amount Other
Abbott Labs Common 002824100 15,318,600 337,600 8,800 328,800 None None 3,000 None 334,600
Allstate Corp. Common 020002101 1,987,977 55,414 0 55,414 None None 0 None 55,414
American Home Common 026609107 2,874,488 50,100 0 50,100 None None 0 None 50,100
Ameritech, Corp. Common 030954101 3,616,200 49,200 1,200 48,000 None None 1,200 None 48,000
Automatic Data ProcessCommon 053015103 2,182,400 49,600 0 49,600 None None 0 None 49,600
BMC Software Inc. Common 055921100 13,101,480 242,620 1,300 241,320 None None 0 None 242,620
BP Amoco p.l.c. ADS 055622104 17,049,489 157,138 3,437 153,701 None None 1,587 None 155,551
Barra Inc. Common 068313105 232,300 9,200 3,000 6,200 None None 1,200 None 8,000
Berkshire Hathaway IncClass A 084670108 137,800 2 0 2 None None 0 None 2
Berkshire Hathaway IncClass B 084670207 10,075,520 4,498 128 4,370 None None 55 None 4,443
Biomatrix Inc. Common 09060P102 802,125 37,200 5,000 32,200 None None 2,000 None 35,200
Buckeye Cellulose CorpCommon 11815H104 759,375 50,000 0 50,000 None None 0 None 50,000
Coca Cola Co. Common 191216100 3,671,640 59,220 400 58,820 None None 0 None 59,220
Colgate-Palmolive Co. Common 194162103 4,708,300 95,600 800 94,800 None None 0 None 95,600
Disney, (Walt) Co. Common 254687106 12,102,102 392,766 7,700 385,066 None None 2,400 None 390,366
Exxon Corp. Common 302290101 15,455,850 200,400 5,300 195,100 None None 2,400 None 198,000
First Health Group CorCommon 320960107 571,406 26,500 0 26,500 None None 0 None 26,500
First Union Corp Common 337358105 297,736 6,318 0 6,318 None None 0 None 6,318
General Electric Co. Common 369604103 26,264,025 232,425 1,600 230,825 None None 0 None 232,425
Grainger, W.W. Inc. Common 384802104 2,260,125 42,000 0 42,000 None None 0 None 42,000
Hewlett Packard Co. Common 428236103 10,267,080 102,160 4,700 97,460 None None 2,000 None 100,160
Intel Corp. Common 458140100 22,113,175 371,650 6,800 364,850 None None 4,000 None 367,650
International BusinessCommon 459200101 2,247,916 17,392 2,000 15,392 None None 2,000 None 15,392
JLG Industries Inc. Common 466210101 4,208,966 206,575 2,800 203,775 None None 0 None 206,575
Johnson & Johnson Common 478160104 30,938,600 315,700 4,500 311,200 None None 3,000 None 312,700
Leggett & Platt Inc. Common 524660107 11,043,788 397,080 17,300 379,780 None None 6,400 None 390,680
Lucent Tecnologies IncCommon 549463107 4,556,887 67,572 2,180 65,392 None None 1,296 None 66,276
Merck & Co. Inc. Common 589331107 37,432,423 508,420 8,120 500,300 None None 3,000 None 505,420
Microsoft Corp. Common 594918104 24,851,166 275,550 3,200 272,350 None None 0 None 275,550
MidAmerica Energy HoldCommon 59562V107 398,188 11,500 0 11,500 None None 0 None 11,500
Herman Miller Inc. Common 600544100 6,879,600 327,600 15,800 311,800 None None 6,000 None 321,600
Molex Inc. Common 608554101 6,647,272 179,656 1,406 178,250 None None 1,406 None 178,250
Molex Inc. Class A Class A 608554200 7,726,226 245,277 10,760 234,517 None None 3,906 None 241,371
Morgan, (J. P.) & Co. Common 616880100 632,250 4,500 0 4,500 None None 0 None 4,500
Motorola, Inc Common 620076109 10,362,523 109,367 4,300 105,067 None None 1,800 None 107,567
Napro Biotherapeutics Common 630795102 63,438 35,000 0 35,000 None None 0 None 35,000
Networks Associates Common 640938106 11,016 750 750 0 None None 0 None 750
Newell Co. Common 651192106 1,530,375 33,000 0 33,000 None None 0 None 33,000
Northern Trust Corp. Common 665859104 7,650,390 78,870 5,500 73,370 None None 2,100 None 76,770
Old Second Bancorp Common 680277100 1,317,600 48,800 0 48,800 None None 0 None 48,800
Pepsico, Inc Common 713448108 12,960,313 335,000 8,100 326,900 None None 3,000 None 332,000
Philip Morris Inc. Common 718167109 430,006 10,700 0 10,700 None None 0 None 10,700
Qualcomm, Inc. Common 747525103 9,155,300 63,800 1,000 62,800 None None 0 None 63,800
Raytheon Co. Class B Class B 755111408 1,247,850 17,700 0 17,700 None None 0 None 17,700
Schering- Plough, Inc.Common 806605101 35,512,470 676,428 12,000 664,428 None None 5,600 None 670,828
Schlumberger, Ltd. Common 806857108 9,877,931 155,100 700 154,400 None None 0 None 155,100
State Street Corp. Common 857119101 25,870,333 303,020 8,000 295,020 None None 3,300 None 299,720
Strattec Security CorpCommon 863111100 1,096,875 32,500 0 32,500 None None 0 None 32,500
Sysco Corp. Common 871829107 3,827,925 128,400 2,000 126,400 None None 0 None 128,400
Thermo Electron Corp. Common 883556102 5,699,495 284,087 8,362 275,725 None None 3,375 None 280,712
Tricon Global Rest. Common 895953107 1,540,398 28,460 1,280 27,180 None None 300 None 28,160
Tyco International LtdCommon 902124106 284,250 3,000 0 3,000 None None 0 None 3,000
Walgreen Co. Common 931422109 18,800,000 640,000 20,000 620,000 None None 9,600 None 630,400
Wausau Mosinee Corp. Common 943315101 329,616 18,312 0 18,312 None None 0 None 18,312
COLUMN TOTALS 450,980,575
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