UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:_____
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holding entries.
Institutional Investment Manager Filing this Report:
Name: La Crosse Advisers, L.L.C.
Address: 311 Main Street
La Crosse, Wisconsin 54602
Form 13F File No: N/A
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 the Reporting Manager:
Name: Steven J. Hulme
Title: President
Phone: (608) 782-1148
Signature, Place, and Date of Signing:
/s/ Steven J. Hulme La Crosse, Wisconsin 4/26/99
- ------------------- -------------------- --------
(Signature) (City/State) (Date)
Report Type (Check only one.):
[X] 13F Holdings Report (Check here if all holdings of
this reporting manager are reported in this report.)
[ ] 13F Notice (Check here if no holdings
reported are in this report, and all holdings are
reported by other reporting manager(s).)
[ ] 13F Combination Report (Check here if a
portion of the holdings for this reporting manager
are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager: None
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 48
Form 13F Information Table Value Total: $127,901,000
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F
file number(s) of all institutional investment managers
with respect to which this report is filed, other than
the manager filing this report. None
<PAGE>
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
Title CUSIP (X$1000) Shares/ SH/ Put/ Investmt Other Sole Share None
Name of Issuer of Value PRN AMT PRN Call Dscretn Managers
Class
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AT&T Corp. COM 001957109 $1,676 21,000 SH Sole 21,000
Allied Signal Inc. COM 019512102 $4,476 91,000 SH Sole 91,000
Allstate Corp. COM 020002101 $3,743 101,000 SH Sole 101,000
American Greetings Corp. COM 026375105 $1,523 60,000 SH Sole 60,000
Autozone Inc. COM 053332102 $1,192 39,250 SH Sole 39,250
Bank One Corp. COM 06423A103 $3,854 70,000 SH Sole 70,000
BankBoston Corp. COM 06605R106 $4,288 99,000 SH Sole 99,000
Burlington Northern Santa COM 12189T104 $3,781 115,00 SH Sole 115,000
CSX Corp. COM 126408103 $2,375 61,000 SH Sole 61,000
Case Corp. COM 14743R103 $958 37,750 SH Sole 37,750
Caterpillar Inc. COM 149123101 $3,583 78,000 SH Sole 78,000
Chase Manhattan Corp. COM 16161A108 $4,781 58,750 SH Sole 58,750
Cisco Systems Inc. COM 17275R102 $1,191 10,875 SH Sole 10,875
Compaq Computer Corp. COM 204493100 $3,335 105,250 SH Sole 105,250
Conseco Inc. COM 208464107 $3,612 117,000 SH Sole 117,000
Dana Corp. COM 235811106 $1,254 33,000 SH Sole 33,000
Deere & Co. COM 244199105 $2,858 74,000 SH Sole 74,000
Delta Airlines Inc. COM 247361108 $3,197 46,000 SH Sole 46,000
Diamond Offshore Drilling COM 25271C102 $3,163 100,00 SH Sole 100,000
Inc.
Dura Pharmaceuticals Inc. COM 266325109 $950 67,250 SH Sole 67,250
Eastman Kodak Co. COM 277461109 $1,789 28,000 SH Sole 28,000
Federated Department COM 31410H101 $1,725 43,000 SH Sole 43,000
Stores Inc.
First Data Corp. COM 319963104 $5,130 120,000 SH Sole 120,000
First Union Corp. COM 337358105 $3,313 62,000 SH Sole 62,000
Ford Motor Co. COM 345370100 $1,162 20,500 SH Sole 20,500
Gateway 2000 Inc. COM 367833100 $2,948 43,000 SH Sole 43,000
Goodyear Tire & Rubber Co. COM 382550101 $2,391 48,000 SH Sole 48,000
Healthsouth Corp. COM 421924101 $1,743 168,000 SH Sole 168,000
Intel Corp. COM 458140100 $3,923 33,000 SH Sole 33,000
Johnson Controls Inc. COM 478366107 $1,201 19,250 SH Sole 19,250
Kimberly Clark Corp. COM 494368103 $3,505 73,125 SH Sole 73,125
Morgan Stanley Dean COM 61744644B $5,372 53,750 SH Sole 53,750
Witter Discover
Newell Co. COM 651192106 $2,910 62,000 SH Sole 62,000
Nucor Corp. COM 670346105 $1,002 22,750 SH Sole 22,750
Peco Energy Co. COM 693304107 $1,457 31,500 SH Sole 31,500
Parker Hannifin Corp. COM 701094107 $1,302 38,000 SH Sole 38,000
Republic Industries Inc. COM 760516104 $2,116 171,000 SH Sole 171,000
Sears Roebuck & Co. COM 812387108 $3,976 88,000 SH Sole 88,000
Sun Microsystems Inc. COM 866810104 $2,376 19,000 SH Sole 19,000
Tenet Healthcare Corp. COM 88033G100 $1,060 56,000 SH Sole 56,000
Tenneco Inc. COM 88037E101 $1,062 38,000 SH Sole 38,000
Transocean Offshore Inc. COM 893817106 $2,651 92,000 SH Sole 92,000
Travelers Property COM 893939108 $2,967 83,000 SH Sole 83,000
Casualty Corp. A
UAL Corp. COM 902549500 $1,635 21,000 SH Sole 21,000
United Healthcare Corp. COM 910581107 $3,013 57,250 SH Sole 57,250
United Technologies Corp. COM 913017109 $4,842 35,750 SH Sole 35,750
Washington Mutual Inc. COM 939322103 $3,801 93,000 SH Sole 93,000
Hilfiger (Tommy) Corp. COM G8915Z102 $1,739 25,250 SH Sole 25,250
GRAND TOTAL $127,901
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