UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment(Check only one.): [ ] is a restatment.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Heartland Capital Management, Inc.
Address: 251 N. Illinois Street
Suite 300
Indianapolis, IN 46204
13F File Number: 801-20856
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: Robert D. Markley
Title: Managing Director
Phone: 317-383-2010
Signature, Place, and Date of Signing:
Robert D. Markley Indianapolis, IN November 15, 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 EXCHANGE
ACT OF 1934.
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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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ALLIED SIGNAL INC COM 019512102 34537 576225 SH DEFINED 386945 189280 0
AMERICAN INTL GROUP INC COM 026874107 42474 488556 SH DEFINED 353351 135205 0
AMGEN INC COM 031162100 9760 119750 SH DEFINED 116800 2950 0
ANHEUSER BUSCH COS INC COM 035229103 27215 388441 SH DEFINED 250345 138096 0
AT & T CORP. COM 001957109 443 10176 SH DEFINED 5550 4626 0
ATLANTIC RICHFIELD COMPANY COM 048825103 36226 408754 SH DEFINED 275264 133490 0
BANK ONE CORP COM 06423A103 1260 36185 SH DEFINED 35377 808 0
BARON ASSET FD SH BEN INT MUTUAL FUNDS 068278100 409 7940 SH DEFINED 0 7940 0
BELL ATLANTIC CORP COM 077853109 257 3823 SH DEFINED 0 3823 0
BELLSOUTH CORP COM COM 079860102 41996 933234 SH DEFINED 674769 258465 0
BRISTOL MYERS SQUIBB CO COM 110122108 36888 546491 SH DEFINED 370252 176239 0
CARDINAL HEALTH INC COM 14149Y108 25442 466817 SH DEFINED 299599 167218 0
CBS CORP COM COM 12490K107 34760 751565 SH DEFINED 503200 248365 0
CENDANT CORPORATION COM 151313103 348 19583 SH DEFINED 10933 8650 0
CERIDIAN CORP COM COM 15677T106 2879 115730 SH DEFINED 103620 12110 0
CHEVRON CORP COM COM 166751107 204 2300 SH DEFINED 0 2300 0
CIGNA CORP COM 125509109 34259 440631 SH DEFINED 308531 132100 0
CISCO SYS INC COM 17275R102 50445 735747 SH DEFINED 526710 209037 0
COCA COLA CO COM 191216100 1977 40970 SH DEFINED 38290 2680 0
COLGATE PALMOLIVE CO COM 194162103 2992 65400 SH SOLE 65400 0 0
CONAGRA INC COM 205887102 4230 187480 SH DEFINED 182300 5180 0
CONSECO INC COM COM 208464107 3067 161411 SH DEFINED 154225 7186 0
CVS CORP COM COM 126650100 35539 870784 SH DEFINED 642797 227987 0
DAYTON HUDSON CORP COM 239753106 35984 599113 SH DEFINED 403400 195713 0
DELL COMPUTER CORP COM COM 247025109 32277 771935 SH DEFINED 519335 252600 0
E M C CORP MASS COM COM 268648102 48740 682869 SH DEFINED 483632 199237 0
EXXON CORP COM 302290101 2560 33688 SH DEFINED 30798 2890 0
FEDERAL NAT MORTGAGE ASSN COM 313586109 39230 625801 SH DEFINED 450795 175006 0
FIRST MIDWEST BANCORP COM COM 320867104 1010 26449 SH DEFINED 22987 3462 0
FIRSTAR CORP NEW WIS COM COM 33763V109 36620 1429059 SH DEFINED 966435 462624 0
GANNETT INC DEL COM 364730101 5895 85200 SH SOLE 85200 0 0
GENERAL DYNAMICS CORP COM COM 369550108 34654 555026 SH DEFINED 374350 180676 0
GENERAL ELEC CO COM 369604103 55793 470583 SH DEFINED 350669 119914 0
GUIDANT CORP COM 401698105 40839 761564 SH DEFINED 542518 219046 0
HARBOR FD INTL GROWTH FD MUTUAL FUNDS 411511801 675 36212 SH DEFINED 0 36212 0
HOME DEPOT INC COM 437076102 54938 800555 SH DEFINED 590475 210080 0
HOME FED BANCORP COM COM 436926109 991 46374 SH DEFINED 42186 4188 0
I B M COM 459200101 38622 319189 SH DEFINED 216535 102654 0
INGERSOLL RAND CO COM 456866102 22399 407712 SH DEFINED 257715 149997 0
INTEL CORP COM 458140100 5766 77596 SH DEFINED 72075 5521 0
KROGER CO COM COM 501044101 31708 1437172 SH DEFINED 1020548 416624 0
LAFAYETTE BANK & TRUST COM 505893107 266 9909 SH SOLE 9909 0 0
LEXMARK INTL GROUP INC CL A COM 529771107 9146 113615 SH DEFINED 111800 1815 0
LILLY, ELI AND COMPANY COM 532457108 2645 41210 SH DEFINED 39910 1300 0
LUCENT TECHNOLOGIES INC COM COM 549463107 42801 659742 SH DEFINED 467461 192281 0
MARSH MCLENNAN COM 571748102 39425 575549 SH DEFINED 415066 160483 0
MASCO CORP COM 574599106 40936 1320514 SH DEFINED 936982 383532 0
MCI WORLDCOM COM 55268B106 42115 585941 SH DEFINED 433393 152548 0
MERCK & CO INC COM 589331107 1860 28692 SH DEFINED 27642 1050 0
MGIC INVT CORP WIS COM COM 552848103 320 6696 SH DEFINED 4296 2400 0
MICROSOFT CORP COM 594918104 50033 552471 SH DEFINED 397924 154547 0
MOBIL CORP COM 607059102 44874 445400 SH DEFINED 321600 123800 0
MONSANTO CO COM 611662107 4275 119795 SH DEFINED 116800 2995 0
OLD KENT FINANCIAL CORP COM 679833103 218 5879 SH SOLE 5879 0 0
OLD SECOND BANCORP COM 680277100 222 8400 SH SOLE 8400 0 0
PEPSICO INC COM 713448108 214 7025 SH DEFINED 1900 5125 0
PROVIDIAN FINL CORP COM COM 74406A102 7375 93129 SH DEFINED 90799 2330 0
QUAKER OATS CO COM 747402105 39685 641377 SH DEFINED 457068 184309 0
RALSTON PURINA CO COM COM 751277302 3228 115800 SH SOLE 115800 0 0
SCHERING PLOUGH CORP COM 806605101 31464 721236 SH DEFINED 500798 220438 0
SERVICE CORP COM 817565104 1598 151300 SH DEFINED 149300 2000 0
SOLECTRON CORP COM COM 834182107 33760 470115 SH DEFINED 320380 149735 0
SOUTHWEST AIRLS CO COM 844741108 5258 346218 SH DEFINED 327440 18778 0
SPRINT CORP COM COM 852061100 233 4300 SH DEFINED 0 4300 0
SUNTRUST BANKS INC COM 867914103 5435 82657 SH SOLE 82657 0 0
TELLABS INC COM COM 879664100 39349 691083 SH DEFINED 492300 198783 0
TEXAS INSTRUMENTS INC COM 882508104 34788 422953 SH DEFINED 280135 142818 0
TIME WARNER INC COM 887315109 38993 641860 SH DEFINED 466244 175616 0
TYCO INTL LTD NEW COM COM 902124106 57492 1113637 SH DEFINED 813271 300366 0
UNISYS CORP COM COM 909214108 54351 1204465 SH DEFINED 867239 337226 0
UNITED HEALTHCARE CORP COM 910581107 17497 359380 SH DEFINED 233465 125915 0
UNITED TECHNOLOGIES CORP COM 913017109 314 5300 SH DEFINED 1800 3500 0
VODAFONE GROUP PLC SPONSORED A COM 92857T107 4864 102303 SH DEFINED 86053 16250 0
WAL MART STORES INC COM 931142103 41753 877859 SH DEFINED 617612 260247 0
WARNER LAMBERT CO COM 934488107 6031 90855 SH DEFINED 89775 1080 0
WASTE MANAGEMENT INC COM 94106L109 2833 147168 SH DEFINED 142743 4425 0
WELLPOINT HEALTH NTWRKS NEW CO COM 94973H108 2941 51600 SH SOLE 51600 0 0
</TABLE>
HEARTLAND CAPITAL MANAGEMENT
FORM 13F SUMMARY PAGE
AS OF DATE: 09/30/99
RUN DATE: 11/15/99 1:13 P.M.
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 77
FORM 13F INFORMATION TABLE VALUE TOTAL: $1,624,900,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
