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 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 June 30, 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
AS OF DATE: 03/31/99
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
AIR TOUCH COMMUNICATIONS COM 00949T100 34873 360908 SH DEFINED 286845 74063 0
AMERICAN INTL GROUP INC COM 026874107 35477 294109 SH DEFINED 235646 58463 0
AMERITECH CORP NEW COM COM 030954101 217 3772 SH DEFINED 1600 2172 0
AMGEN INC COM 031162100 8452 112880 SH DEFINED 112300 580 0
ANHEUSER BUSCH COS INC COM 035229103 22618 297113 SH DEFINED 235681 61432 0
AT & T CORP. COM 001957109 22015 413742 SH DEFINED 324863 88879 0
ATLANTIC RICHFIELD COMPANY COM 048825103 373 5100 SH DEFINED 4500 600 0
BANK ONE CORP COM 06423A103 2015 36594 SH DEFINED 36149 445 0
BARON ASSET FD SH BEN INT MUTUAL FUNDS 068278100 386 7131 SH DEFINED 0 7131 0
BELLSOUTH CORP COM COM 079860102 25132 627308 SH DEFINED 492946 134362 0
BRISTOL MYERS SQUIBB CO COM 110122108 26705 416459 SH DEFINED 325052 91407 0
CARDINAL HEALTH INC COM 14149Y108 21824 330667 SH DEFINED 260009 70658 0
CERIDIAN CORP COM COM 15677T106 32102 878003 SH DEFINED 699128 178875 0
CIGNA CORP COM 125509109 25823 308100 SH DEFINED 240786 67314 0
CISCO SYS INC COM 17275R102 36622 668508 SH DEFINED 534888 133620 0
COCA COLA CO COM 191216100 2395 39030 SH DEFINED 38290 740 0
CONAGRA INC COM 205887102 7966 310885 SH DEFINED 222007 88878 0
CONSECO INC COM COM 208464107 226 7336 SH DEFINED 3900 3436 0
CVS CORP COM COM 126650100 29534 621774 SH DEFINED 497362 124412 0
DAYTON HUDSON CORP COM 239753106 23212 348403 SH DEFINED 275565 72838 0
E M C CORP MASS COM COM 268648102 44441 695755 SH DEFINED 561345 134410 0
EXXON CORP COM 302290101 2207 31277 SH DEFINED 29272 2005 0
FEDERAL NAT MORTGAGE ASSN COM 313586109 30727 443717 SH DEFINED 353710 90007 0
FIRST MIDWEST BANCORP COM COM 320867104 874 22987 SH SOLE 22987 0 0
FIRSTAR CORP NEW WIS COM COM 33763V109 24825 832128 SH DEFINED 653760 178368 0
GENERAL ELEC CO COM 369604103 37868 342310 SH DEFINED 277115 65195 0
GUIDANT CORP COM 401698105 36097 596644 SH DEFINED 477146 119498 0
HARBOR FD INTL GROWTH FD MUTUAL FUNDS 411511801 633 33513 SH DEFINED 0 33513 0
HOME DEPOT INC COM 437076102 35812 575298 SH DEFINED 460711 114587 0
HOME FED BANCORP COM COM 436926109 817 37361 SH DEFINED 33173 4188 0
INTEL CORP COM 458140100 27848 468521 SH DEFINED 374346 94175 0
KROGER CO COM COM 501044101 32850 1097272 SH DEFINED 888388 208884 0
LAFAYETTE BANK & TRUST COM 505893107 271 6606 SH SOLE 6606 0 0
LILLY, ELI AND COMPANY COM 532457108 3413 40210 SH DEFINED 39110 1100 0
LUCENT TECHNOLOGIES INC COM COM 549463107 33713 624315 SH DEFINED 499814 124501 0
MARSH MCLENNAN COM 571748102 29505 397370 SH DEFINED 313016 84354 0
MASCO CORP COM 574599106 26513 938513 SH DEFINED 740062 198451 0
MCI WORLDCOM COM 55268B106 40238 454350 SH DEFINED 367301 87049 0
MERCK & CO INC COM 589331107 2095 26142 SH SOLE 26142 0 0
MICROSOFT CORP COM 594918104 39294 438426 SH DEFINED 353844 84582 0
MOBIL CORP COM 607059102 28188 320313 SH DEFINED 252396 67917 0
MONSANTO CO COM 611662107 26006 566122 SH DEFINED 449378 116744 0
NATIONAL CITY CORP COM 635405103 435 6559 SH SOLE 6559 0 0
OLD KENT FINANCIAL CORP COM 679833103 269 6681 SH SOLE 6681 0 0
OLD SECOND BANCORP COM 680277100 216 8400 SH SOLE 8400 0 0
PFIZER INC COM 717081103 361 7800 SH DEFINED 7500 300 0
PROVIDIAN FINL CORP COM COM 74406A102 33647 305883 SH DEFINED 242063 63820 0
QUAKER OATS CO COM 747402105 28745 461761 SH DEFINED 365061 96700 0
SCHERING PLOUGH CORP COM 806605101 26005 470685 SH DEFINED 370663 100022 0
SOUTHWEST AIRLS CO COM 844741108 34917 1731417 SH DEFINED 1389195 342222 0
TELLABS INC COM COM 879664100 37604 769398 SH DEFINED 617748 151650 0
TIME WARNER INC COM 887315109 31220 440882 SH DEFINED 349488 91394 0
TYCO INTL LTD NEW COM COM 902124106 32827 457517 SH DEFINED 368601 88916 0
UNISYS CORP COM COM 909214108 23690 855613 SH DEFINED 674469 181144 0
WAL MART STORES INC COM 931142103 35874 778278 SH DEFINED 626556 151722 0
WARNER LAMBERT CO COM 934488107 28688 433032 SH DEFINED 349230 83802 0
WASTE MANAGEMENT INC COM 94106L109 25448 573485 SH DEFINED 452569 120916 0
YAHOO INC COM COM 984332106 21469 127510 SH DEFINED 101040 26470 0
</TABLE>
HEARTLAND CAPITAL MANAGEMENT
FORM 13F SUMMARY PAGE
AS OF DATE: 03/31/99
RUN DATE: 07/22/99 10:09 A.M.
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 58
FORM 13F INFORMATION TABLE VALUE TOTAL: $1,223,617,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
