Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
Under the Securities and Exchange Act of 1934 (Amendment No.
)*
GULF SOUTH MEDICAL SUPPLY INC
(Name of Issue)
COMMON
(Title of Class of Securities)
40252G105
(Cusip number)
Check the following box if a fee is being paid with this
statement [ ]. (A fee
is not required only if the filing person: (1) has a
previous statement on file
reporting beneficial ownership of more than five percent of
the class of
securities described in Item 1; and (2) has filed no
amendment subsequent
thereto reporting beneficial ownership of five percent or
less of such class)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a
reporting person's
initial filing on this form with respect to the subject
class of securities, and
for any subsequent amendment containing information which
would alter the
disclosure provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed
to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities in that
section of the Act
but shall be subject to all other provisions of the Act
(however, see the
Notes).
(Continued on the following page(s)
Page 1 of 4
Cusip Number: 40252G105 13G
Page 2 of 4
1. Investment Advisers, Inc.
2. Check the appropriate box if a member of a group: (a) [
] (b) [ X ]
3. SEC Use only
4. Citizenship or place of
organization:
Delaware
5. Sole voting power: 329,200
6. Shared voting power: 49,400
7. Sole Dispositive power: 329,200
8. Shared dispositive power: 49,400
9. Aggregate amount beneficially owned by
each
reporting
person: 378,600
10. Percent of class represented by amount
in Row 9: 2.33% 11. Type of Person
Reporting*: IA
Item 1. (a) Name of Issuer: GULF SOUTH
MEDICAL SUPPLY
(b) Address of Issuer's Principal
Executive Offices: 426
CHRISTINE DRIVE RIDGELAND,
MS 39157
Item 2. (a) Investment Advisors, Inc.
(b) 3700 First Bank Place, Box 357,
Minneapolis, MN
55440
(c) Delaware
(d) Title of Class of Securities:
Common (e) Cusip Number: 40252G105
Item 3 (e) Investment Advisor
registered
under
Section
203 of the
Investment Advisors Act of 1940.
Item 4. (a) Amount beneficially owned:
378,600
(b) Percent of Class: 2.33%
(c) Number of shares as to which such
person has:
(I) Sole power to vote: 329,200
(ii) Shared power to vote: 49,400
(iii) Sole power to dispose or
direct
disposition
of: 329,200
(iv) Shared power to dispose or
direct disposition
of: 49,400
Item 5. If this statement is being
filed
to
report
the fact that as of
the date hereof the reporting
person has ceased to be the
beneficial owner of more than
five percent of the class of
securities, check the following: [ X
]
Item 6. The shares referred to in
this
filing are
held by various
custodian banks for various clients of
Investment Advisors, Inc.
None of the individual clients
or custodian banks holds more
than 5% or more of the
shares. Item 7. Not
applicable.
Item 8. Not applicable.
Item 9. Not applicable.
Item 10. Certification
By signing below I certify that, to the
best of my knowledge and belief, the
securities referred to above were
acquired in the ordinary course of
business
and were not acquired for the purpose of
and do not have the effect of changing
or influencing the control of the issuer
of such securities and were not
acquired in connection with or as a
participant in any transaction having
such purposes or effect.
After reasonable inquiry and to the best
of my knowledge and belief, I certify
that the infraction set forth in this
statement is true, complete and
correct.
Date: 9/6/96
/s/ Kelly Thomas Coughlin
Kelly Thomas Coughlin
Vice President
Director of Compliance
