UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Quarter Ended: September 30, 1997
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: Chas. P. Smith & Associates, PA, CPA's
Address: 1509 South Florida Avenue
Lakeland, FL 33803
13F File Number: 28-6224
The institutional investment manager filing this report
and the person by whom it is signed hereby represents
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: Chas. P. Smith
Title: President
Phone: 941-688-1725
Signature, Place, and Date of Signing
Chas. P. Smith, Lakeland, Florida, May 13, 1999
Report Type (Check only one.):
[x] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY
THE SECURITIES AND EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 74
Form 13F Information Table Value Total: $220,937
<PAGE>
<TABLE>
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>
AT&T COM 001957109 7833 98148 SH
SOLE 98148
Abbott Laboratories COM 002824100 1189 25400 SH
SOLE 25400
Akzo Nobel NV Adr COM 010199305 824 22275 SH
SOLE 22275
American Express Co Com COM 025816109 5955 50570 SH
SOLE 50570
Amgen Inc COM 031162100 11345 151525 SH
SOLE 151525
Aon Corp Com COM 037389103 246 3888 SH
SOLE 3888
Atlantic Bk & Tr Mass Com COM 04822G102 123 11682 SH
SOLE 11682
Atlantic Richfield Co Com COM 048825103 688 9415 SH
SOLE 9415
BP Amoco P L C Sponsored ADR COM 055622104 1492 14775 SH
SOLE 14775
Bancamerica Corp New COM 060505104 384 5437 SH
SOLE 5437
Bell Atlantic Corp COM 077853109 671 12980 SH
SOLE 12980
Berkshire Hathaway Inc Del Cl COM 084670207 2765 1176 SH
SOLE 1176
Bluegreen Corp COM 096231105 49 10000 SH
SOLE 10000
Cable & Wireless PLC Sponsored COM 126830207 2464 66700 SH
SOLE 66700
Chelsea GCA Realty Inc Com COM 163262108 2107 75600 SH
SOLE 75600
Chevron Corporation Com COM 166751107 6431 72465 SH
SOLE 72465
Cisco Sys Inc COM 17275R102 11925 108842 SH
SOLE 108842
Coca-Cola COM 191216100 239 3899 SH
SOLE 3899
Countrywide Cr Ind Del Com COM 222372104 1524 40640 SH
SOLE 40640
Dell Computer COM 247025109 8760 214315 SH
SOLE 214315
Developers Divers Rlty Com COM 251591103 2075 144950 SH
SOLE 144950
Du Pont E I De Nemours Com COM 263534109 3254 56049 SH
SOLE 56049
Duke Realty, Inc. COM 264411505 518 24100 SH
SOLE 24100
Dun & Bradstreet Corp Com COM 26483B106 356 10000 SH
SOLE 10000
E M C Corp Mass Com COM 268648102 201 1575 SH
SOLE 1575
Eli Lilly & Co. COM 532457108 204 2400 SH
SOLE 2400
Equity Resident Pptys Sh Ben I COM 29476L107 790 19146 SH
SOLE 19146
Ericsson L M Tel Co Adr Cl B S COM 294821400 5492 230616 SH
SOLE 230616
Exxon Corporation COM 302290101 5572 78969 SH
SOLE 78969
Fannie Mae COM 313586109 4396 63487 SH
SOLE 63487
Federal Realty COM 313747206 899 42425 SH
SOLE 42425
Freddie Mac COM 313400301 1859 32440 SH
SOLE 32440
GTE Corp COM 362320103 2786 46048 SH
SOLE 46048
General Electric Co COM 369604103 5301 47917 SH
SOLE 47917
General Motors Corp COM 370442105 4881 56101 SH
SOLE 56101
Gillette COM 375766102 881 14816 SH
SOLE 14816
Glaxo PLC COM 37733W105 6472 96685 SH
SOLE 96685
Gulf West Banks Inc Com COM 402582100 382 44276 SH
SOLE 44276
Healthcare Rlty Tr Com COM 421946104 1772 93280 SH
SOLE 93280
Home Depot COM 437076102 6413 103013 SH
SOLE 103013
Hong Kong Telecom COM 438579203 1935 98899 SH
SOLE 98899
IMS Health Inc Com COM 449934108 662 20000 SH
SOLE 20000
Intel COM 458140100 15980 134428 SH
SOLE 134428
International Business Machine COM 459200101 279 1575 SH
SOLE 1575
Johnson & Johnson COM 478160104 356 3808 SH
SOLE 3808
Lucent Technologies Com COM 549463107 3154 29202 SH
SOLE 29202
MCI Worldcom Inc Com COM 98155K102 5871 66295 SH
SOLE 66295
Meditrust Sh Ben Int COM 58501T306 634 50939 SH
SOLE 50939
Merck & Co, Inc. COM 589331107 9986 124635 SH
SOLE 124635
Microsoft COM 594918104 7907 88224 SH
SOLE 88224
Mobil COM 607059102 2027 23038 SH
SOLE 23038
Morgan J P & Co Inc Com COM 616880100 3785 30680 SH
SOLE 30680
Nielsen Media Resh Inc COM 653929109 247 10000 SH
SOLE 10000
Nike Inc Cl B COM 654106103 3454 59880 SH
SOLE 59880
Nokia Corp Sponsored Adr COM 654902204 2279 14630 SH
SOLE 14630
Oracle Corp Com COM 68389X105 5086 192844 SH
SOLE 192844
Payless Cashways Inc Com Par $ COM 704378405 53 28207 SH
SOLE 28207
Pfizer COM 717081103 7243 52201 SH
SOLE 52201
Proctor & Gamble COM 742718109 396 4043 SH
SOLE 4043
SBC Communications Inc COM 78387G103 556 11784 SH
SOLE 11784
SLM Holding Corporation COM 78442A109 6723 161035 SH
SOLE 161035
Schering Plough COM 806605101 3913 70831 SH
SOLE 70831
Telecom Arg Stet-Fra Spns Adr COM 879273209 1957 71325 SH
SOLE 71325
Texaco COM 881694103 4551 80201 SH
SOLE 80201
United Dominion Rlty Tr Com COM 910197102 264 25800 SH
SOLE 25800
Walt Disney Co COM 254687106 3973 127633 SH
SOLE 127633
Warner Lambert COM 934488107 1358 20505 SH
SOLE 20505
Weingarten Realty COM 948741103 260 6550 SH
SOLE 6550
Wrigley COM 982526105 1458 16125 SH
SOLE 16125
Zeneca Group PLC Sponsored Adr COM 98934D106 1398 29695 SH
SOLE 29695
Cendant Corp Income Prides PFD CV 151313301 575 19950 SH
SOLE 19950
Freeport-Mcmoran Cop & Gold Pf PFD CV 35671D501 230 14500 SH
SOLE 14500
Kmart Fing I Pfd Trcv 7.75% PFD CV 498778208 621 10265 SH
SOLE 10265
Stone Container Corp Pfd E Cv PFD CV 861589307 245 13600 SH
SOLE 13600
</TABLE>
