UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: M.A. Greenwood & Associates, Inc.
Address: Post Office Box 4278
Fayetteville, Arkansas 72702
13F File Number: 28-04585
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: Mary Ann Greenwood
Title: President
Phone: 501-521-5353
Signature, Place, and Date of Signature:
Mary Ann Greenwood, Fayetteville, Arkansas May 17, 1999
Report Type (check only one.):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
None.
IAM SIGNING THIS REPORT AS REQUIRED BY THE
SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 71
Form 13F Information Table Value Total: $112,437
List of Other Included Managers:
None
<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>
ABN AMRO Hld ADR COM 000937102 335 16200 SH SOLE 12600 3600
AT&T Corp COM 001957109 2679 33565 SH SOLE 24940 8625
Adaptec COM 00651F108 267 11690 SH SOLE 9140 2550
Airborne Freight Corp COM 009266107 260 8375 SH SOLE 6375 2000
Alltel Corp. COM 020039103 441 7074 SH SOLE 6674 400
America Online COM 02364J104 206 1400 SH SOLE 200 1200
American Express COM 025816109 2792 23710 SH SOLE 19205 4505
Ameritech Corp COM 030954101 343 5948 SH SOLE 4748 1200
Associates First Capital COM 046008108 1538 34170 SH SOLE 27732 6438
Baldor Electric COM 057741100 450 22355 SH SOLE 18617 3738
Bell Atlantic COM 077853109 263 5088 SH SOLE 2488 2600
Black & Decker COM 091797100 1136 20500 SH SOLE 17100 3400
Boeing Company COM 097023105 1803 53036 SH SOLE 41747 11289
Bristol Myers Squibb COM 110122108 422 6580 SH SOLE 5980 600
Caterpillar, Inc. COM 149123101 1774 38609 SH SOLE 31009 7600
Chase Manhattan Bank COM 16161A108 2112 25955 SH SOLE 20925 5030
Coca-Cola COM 191216100 1489 24262 SH SOLE 19442 4820
DaimlerChrysler AG COM D1668R123 359 4182 SH SOLE 3407 775
Deere & Co COM 244199105 367 9500 SH SOLE 7250 2250
Diebold, Inc. COM 253651103 1075 44800 SH SOLE 36450 8350
Disney, (Walt) Co COM 254687106 2127 68340 SH SOLE 53990 14350
DuPont deNemours COM 263534109 1831 31541 SH SOLE 25941 5600
Eastman Kodak COM 277461109 1552 24293 SH SOLE 18483 5810
Equant ADR COM 294409107 271 3600 SH SOLE 2650 950
Exxon Corporation COM 302290101 2509 35558 SH SOLE 28328 7230
FDX Corp COM 31304N107 2408 25890 SH SOLE 21275 4615
Ford Motor Co COM 345370100 1882 33200 SH SOLE 27175 6025
Fortune Brands COM 349631101 892 23175 SH SOLE 18875 4300
General Electric COM 369604103 5461 49362 SH SOLE 38299 11063
General Motors COM 370442105 1802 20713 SH SOLE 15788 4925
Goodyear Tire COM 382550101 1010 20280 SH SOLE 16330 3950
Halliburton Co COM 406216101 897 23300 SH SOLE 19600 3700
Hewlett-Packard COM 428236103 1751 25820 SH SOLE 20870 4950
Hillenbrand Inds COM 431573104 563 12200 SH SOLE 9500 2700
Int'l Business Mach COM 459200101 4217 23791 SH SOLE 19376 4415
Intel Corp COM 458140100 4413 37121 SH SOLE 30466 6655
International Paper COM 460146103 767 18187 SH SOLE 15487 2700
Intimate Brands COM 461156101 599 12450 SH SOLE 9900 2550
Ionics, Inc. COM 462218108 889 29520 SH SOLE 23200 6320
Johnson & Johnson COM 478160104 2294 24535 SH SOLE 20195 4340
Kroll-O'Gara COM 501050108 730 26900 SH SOLE 22150 4750
Lucent Technologies COM 549463107 4760 44072 SH SOLE 33802 10270
Marshall & Ilsley COM 571834100 388 7000 SH SOLE 7000
Matsushita Elec ADR COM 576879209 1471 7605 SH SOLE 6175 1430
McDonalds Corp COM 580135101 2678 59100 SH SOLE 49700 9400
Medtronic Inc. COM 585055106 460 6400 SH SOLE 6400
Merck COM 589331107 3834 47850 SH SOLE 39380 8470
Motorola, Inc. COM 620076109 1887 25760 SH SOLE 20335 5425
Nabors Industries, Inc COM 629568106 666 36600 SH SOLE 30500 6100
Nike Inc COM 654106103 992 17200 SH SOLE 14050 3150
Nokia ADS COM 654902204 879 5645 SH SOLE 4770 875
PharMerica COM 717135107 75 15000 SH SOLE 15000
Pittston Brink's COM 725701106 332 14125 SH SOLE 10725 3400
Procter & Gamble COM 742718109 3647 37240 SH SOLE 31280 5960
Rockwell Internat'l COM 773903109 445 10490 SH SOLE 8190 2300
Royal Dutch Pet ADR COM 780257804 2106 40505 SH SOLE 31620 8885
Royal Phil Elec ADR COM 500472105 2590 31414 SH SOLE 26247 5167
SAP AG ADR COM 803054204 263 10000 SH SOLE 8500 1500
SBC Communications COM 78387G103 1166 24712 SH SOLE 20062 4650
Schlumberger Inc COM 806857108 1001 16635 SH SOLE 13535 3100
Sony Corp ADR COM 835699307 2292 25100 SH SOLE 19370 5730
Texaco Inc COM 881694103 604 10650 SH SOLE 8400 2250
Titanium Metals COM 888339108 202 35100 SH SOLE 28375 6725
Tyco COM 902124106 3155 43975 SH SOLE 35060 8915
Tyson Foods Cl A COM 902494103 5868 283653 SH SOLE 134224 149429
USX-U. S. Steel COM 90337T101 463 19695 SH SOLE 15295 4400
Unilever COM 904784501 400 6020 SH SOLE 5070 950
Union Carbide Corp COM 905581104 674 14920 SH SOLE 11995 2925
United Technologies COM 913017109 3159 23325 SH SOLE 17680 5645
Wal-Mart Stores COM 931142103 6738 73091 SH SOLE 58431 14660
West Point Stevens COM 961238102 266 9600 SH SOLE 9200 400
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