UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Institutional Investment Manager Filing this Report:
Name: General American Investors Company, Inc.
Address: 450 Lexington Avenue, Suite 3300
New York, NY 10017
13F File Number: 28-461
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:
Name: Eugene L. DeStaebler, Jr.
Title: Vice-President, Administration
Phone: 212-916-8400
Signature, Place and Date of Signing:
Eugene L. DeStaebler, Jr. New York, NY November 12, 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: 64
Form 13F Information Table Value Total: $787,019,011
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NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVEST. DISC. OTHER VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SH/ SHARED MGRS.
CLASS VALUE AMOUNT PRN SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
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<S> <C> <C> <C>
Adams Express Company COMMON 006212104 1,296,169 45,281 SH X 45,281
American International Gro COMMON 026874107 13,583,984 156,250 SH X 156,250
Alkermes, Inc. COMMON 01642T108 1,440,625 50,000 SH X 50,000
Annuity and Life Re (Holdi COMMON G03910109 12,437,500 500,000 SH X 500,000
AmerUs Life Holdings, Inc. COMMON 030732101 9,534,375 450,000 SH X 450,000
AMR Corporation COMMON 001765106 12,875,000 250,000 SH X 250,000
Buffets, Inc. COMMON 119882108 13,078,125 1,125,000 SH X 1,125,000
BioReliance Corporation COMMON 090951104 1,981,250 317,000 SH X 317,000
Berkshire Hathaway Inc. COMMON 084670108 17,600,000 320 SH X 320
CCB Financial Corp. COMMON 124875105 8,325,000 200,000 SH X 200,000
Central Securities Corpora COMMON 155123102 861,000 33,600 SH X 33,600
Consolidated Stores Corpor COMMON 210149100 8,273,438 375,000 SH X 375,000
Centocor, Inc. COMMON 152342101 11,712,500 200,000 SH X 200,000
Cox Communications, Inc. - COMMON 224044107 26,894,515 644,180 SH X 644,180
Cisco Systems, Inc. COMMON 17275R102 29,824,688 435,000 SH X 435,000
C-Cube Microsystems Inc. COMMON 125015107 6,525,000 150,000 SH X 150,000
Covance Inc. COMMON 222816100 1,714,688 177,000 SH X 177,000
DuPont Photomasks, Inc. COMMON 26613X101 5,527,500 120,000 SH X 120,000
Ethan Allen Interiors, Inc COMMON 297602104 1,590,625 50,000 SH X 50,000
Ford Motor Company COMMON 345370100 30,150,000 600,000 SH X 600,000
First Midwest Bancorp, Inc COMMON 320867104 10,501,563 275,000 SH X 275,000
Golden West Financial COMMON 381317106 15,730,000 160,000 SH X 160,000
GelTex Pharmaceuticals, In COMMON 368538104 5,951,875 535,000 SH X 535,000
Huntington Bancshares COMMON 446150104 5,113,281 192,500 SH X 192,500
The Home Depot, Inc. COMMON 437076102 115,290,000 1,680,000 SH X 1,680,000
Huntingdon Life Sciences COMMON 445891203 655,625 524,500 SH X 524,500
IDEC Pharmaceuticals Corpo COMMON 449370105 31,735,547 337,500 SH X 337,500
Interim Services Inc. COMMON 45868P100 6,550,000 400,000 SH X 400,000
Kennametal Inc. COMMON 489170100 4,916,250 190,000 SH X 190,000
Lam Research Corporation COMMON 512807108 32,635,000 535,000 SH X 535,000
Magainin Pharmaceuticals I COMMON 559036108 286,875 270,000 SH X 270,000
Manugistics Group, Inc. COMMON 565011103 2,362,500 225,000 SH X 225,000
MetaCreations Corporation COMMON 591016100 1,621,875 300,000 SH X 300,000
Medtronic, Inc. COMMON 585055106 10,668,750 300,000 SH X 300,000
MedImmune, Inc. COMMON 584699102 20,303,865 203,739 SH X 203,739
Philip Morris Companies In COMMON 718154107 8,546,875 250,000 SH X 250,000
Molex Incorporated Class A COMMON 608554200 18,210,938 562,500 SH X 562,500
M&T Bank Corporation COMMON 55261F104 20,655,000 45,000 SH X 45,000
Annaly Mortgage Management COMMON 035710409 5,121,875 550,000 SH X 550,000
NTL Incorporated COMMON 629407107 20,179,687 210,000 SH X 210,000
Ortel Corporation COMMON 68749W102 1,317,500 85,000 SH X 85,000
PairGain Technologies, Inc COMMON 695934109 637,500 50,000 SH X 50,000
pcOrder.com, Inc. COMMON 70453H107 1,580,625 45,000 SH X 45,000
PepsiCo, Inc. COMMON 713448108 6,100,000 200,000 SH X 200,000
Pfizer Inc. COMMON 717081103 31,749,375 885,000 SH X 885,000
PRI Automation, Inc. COMMON 69357H106 8,850,625 245,000 SH X 245,000
Ryder System, Inc. COMMON 783549108 6,326,438 310,500 SH X 310,500
Everest Reinsurance Holdin COMMON 299808105 17,264,063 725,000 SH X 725,000
Repsol, S.A. - ADR COMMON 76026T205 13,956,250 700,000 SH X 700,000
ReliaStar Financial Corp. COMMON 75952U103 9,975,000 300,000 SH X 300,000
Reuters Group plc-ADR COMMON 76132M102 6,474,250 94,000 SH X 94,000
Royce Value Trust COMMON 780910105 705,133 56,980 SH X 56,980
Seagate Technology, Inc. COMMON 811804103 13,168,750 430,000 SH X 430,000
Saks Incorporated COMMON 79377W108 7,593,750 500,000 SH X 500,000
Sun Trust Banks, Inc. COMMON 867914103 15,780,000 240,000 SH X 240,000
The ServiceMaster Company COMMON 81760N109 12,633,156 786,500 SH X 786,500
The TJX Companies, Inc. COMMON 872540109 8,418,750 300,000 SH X 300,000
TriQuint Semiconductor, In COMMON 89674K103 7,034,063 123,000 SH X 123,000
Transatlantic Holdings, In COMMON 893521104 14,050,000 200,000 SH X 200,000
Tri-Continental Corporatio COMMON 895436103 1,400,432 47,878 SH X 47,878
Wind River Systems, Inc. COMMON 973149107 2,850,000 150,000 SH X 150,000
Waste Management, Inc. COMMON 94106L109 7,950,250 413,000 SH X 413,000
Wal-Mart Stores, Inc. COMMON 931142103 32,104,688 675,000 SH X 675,000
XL Capital Ltd. COMMON G98255105 6,835,050 151,890 SH X 151,890
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