UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 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 October 1, 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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<TABLE> <C> <C>
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 23537 373605 SH DEFINED 261310 112295 0
AMERICAN INTL GROUP INC COM 026874107 44143 470610 SH DEFINED 357226 113384 0
AMERITECH CORP NEW COM COM 030954101 204 2772 SH DEFINED 1600 1172 0
AMGEN INC COM 031162100 7259 119250 SH DEFINED 118400 850 0
ANHEUSER BUSCH COS INC COM 035229103 25668 361846 SH DEFINED 249820 112026 0
AT & T CORP. COM 001957109 27822 498492 SH DEFINED 346662 151830 0
ATLANTIC RICHFIELD COMPANY COM 048825103 27181 325274 SH DEFINED 229539 95735 0
BANK OF AMERICA COM 060505104 255 3484 SH DEFINED 1602 1882 0
BANK ONE CORP COM 06423A103 2297 38560 SH DEFINED 37840 720 0
BARON ASSET FD SH BEN INT MUTUAL FUNDS 068278100 453 7470 SH DEFINED 0 7470 0
BELLSOUTH CORP COM COM 079860102 41329 896015 SH DEFINED 683030 212985 0
BRISTOL MYERS SQUIBB CO COM 110122108 36593 519514 SH DEFINED 374937 144577 0
CARDINAL HEALTH INC COM 14149Y108 26682 416097 SH DEFINED 286674 129423 0
CBS CORP COM COM 12490K107 17695 406203 SH DEFINED 301085 105118 0
CENDANT CORPORATION COM 151313103 411 20064 SH DEFINED 13964 6100 0
CERIDIAN CORP COM COM 15677T106 35534 1087077 SH DEFINED 806037 281040 0
CIGNA CORP COM 125509109 37159 417514 SH DEFINED 310811 106703 0
CISCO SYS INC COM 17275R102 46087 715219 SH DEFINED 531205 184014 0
CNB BANCSHARES INC COM COM 126126101 205 3603 SH SOLE 3603 0 0
COCA COLA CO COM 191216100 2540 40970 SH DEFINED 38290 2680 0
COLGATE PALMOLIVE CO COM 194162103 3255 66095 SH DEFINED 65400 695 0
CONAGRA INC COM 205887102 4990 187430 SH DEFINED 182300 5130 0
CONSECO INC COM COM 208464107 5061 166261 SH DEFINED 160825 5436 0
CVS CORP COM COM 126650100 43294 853084 SH DEFINED 651422 201662 0
DAYTON HUDSON CORP COM 239753106 27804 427753 SH DEFINED 296735 131018 0
E M C CORP MASS COM COM 268648102 39044 709897 SH DEFINED 529787 180110 0
EXXON CORP COM 302290101 2545 33003 SH DEFINED 30798 2205 0
FDX CORP COM COM 31304N107 25866 476795 SH DEFINED 334560 142235 0
FEDERAL NAT MORTGAGE ASSN COM 313586109 40740 596921 SH DEFINED 454875 142046 0
FIRST MIDWEST BANCORP COM COM 320867104 1051 26449 SH DEFINED 22987 3462 0
FIRSTAR CORP NEW WIS COM COM 33763V109 27283 974410 SH DEFINED 666865 307545 0
GANNETT INC DEL COM 364730101 6195 86800 SH SOLE 86800 0 0
GENERAL DYNAMICS CORP COM COM 369550108 20508 297750 SH DEFINED 219610 78140 0
GENERAL ELEC CO COM 369604103 51658 457149 SH DEFINED 355350 101799 0
GUIDANT CORP COM 401698105 37336 730296 SH DEFINED 545231 185065 0
HARBOR FD INTL GROWTH FD MUTUAL FUNDS 411511801 637 34275 SH DEFINED 0 34275 0
HOME DEPOT INC COM 437076102 50253 779867 SH DEFINED 599286 180581 0
HOME FED BANCORP COM COM 436926109 1316 46374 SH DEFINED 42186 4188 0
I B M COM 459200101 39549 305987 SH DEFINED 218555 87432 0
INGERSOLL RAND CO COM 456866102 23388 361901 SH DEFINED 247815 114086 0
INTEL CORP COM 458140100 5015 84292 SH DEFINED 77905 6387 0
KROGER CO COM COM 501044101 38314 1371427 SH DEFINED 1027463 343964 0
LAFAYETTE BANK & TRUST COM 505893107 254 6606 SH SOLE 6606 0 0
LILLY, ELI AND COMPANY COM 532457108 3028 42280 SH DEFINED 39160 3120 0
LUCENT TECHNOLOGIES INC COM COM 549463107 42997 637589 SH DEFINED 472966 164623 0
MARSH MCLENNAN COM 571748102 41199 544334 SH DEFINED 410201 134133 0
MASCO CORP COM 574599106 36329 1258138 SH DEFINED 942457 315681 0
MCI WORLDCOM COM 55268B106 47795 555354 SH DEFINED 428418 126936 0
MERCK & CO INC COM 589331107 2149 29192 SH DEFINED 27642 1550 0
MGIC INVT CORP WIS COM COM 552848103 326 6696 SH DEFINED 4296 2400 0
MICROSOFT CORP COM 594918104 48882 542001 SH DEFINED 409184 132817 0
MOBIL CORP COM 607059102 42628 431678 SH DEFINED 325726 105952 0
MONSANTO CO COM 611662107 5539 139998 SH DEFINED 130542 9456 0
NATIONAL CITY CORP COM 635405103 254 7768 SH DEFINED 6568 1200 0
OLD KENT FINANCIAL CORP COM 679833103 280 6681 SH SOLE 6681 0 0
OLD SECOND BANCORP COM 680277100 227 8400 SH SOLE 8400 0 0
PEPSICO INC COM 713448108 217 5600 SH DEFINED 1900 3700 0
PROVIDIAN FINL CORP COM COM 74406A102 8689 93179 SH DEFINED 90799 2380 0
QUAKER OATS CO COM 747402105 40855 615522 SH DEFINED 462713 152809 0
RALSTON PURINA CO COM COM 751277302 3525 115800 SH SOLE 115800 0 0
SCHERING PLOUGH CORP COM 806605101 35109 668742 SH DEFINED 493733 175009 0
SERVICE CORP COM 817565104 2972 154400 SH DEFINED 152400 2000 0
SOLECTRON CORP COM COM 834182107 25834 387392 SH DEFINED 275765 111627 0
SOUTHWEST AIRLS CO COM 844741108 44024 2121657 SH DEFINED 1619576 502082 0
SUNTRUST BANKS INC COM 867914103 5826 83905 SH SOLE 83905 0 0
TELLABS INC COM COM 879664100 43839 648871 SH DEFINED 483940 164931 0
TEXAS INSTRUMENTS INC COM 882508104 27277 378845 SH DEFINED 268550 110295 0
TIME WARNER INC COM 887315109 44300 609983 SH DEFINED 461999 147984 0
TYCO INTL LTD NEW COM COM 902124106 57519 607064 SH DEFINED 469701 137363 0
UNISYS CORP COM COM 909214108 45574 1170452 SH DEFINED 875459 294993 0
UNITED HEALTHCARE CORP COM 910581107 19138 305590 SH DEFINED 220000 85590 0
UNITED TECHNOLOGIES CORP COM 913017109 324 4500 SH DEFINED 1800 2700 0
VODAFONE GROUP PLC SPONSORED A COM 92857T107 13700 69541 SH DEFINED 64769 4772 0
WAL MART STORES INC COM 931142103 39280 814090 SH DEFINED 601761 212329 0
WARNER LAMBERT CO COM 934488107 6307 91239 SH DEFINED 89775 1464 0
WASTE MANAGEMENT INC COM 94106L109 42453 789824 SH DEFINED 602209 187615 0
WELLPOINT HEALTH NTWRKS NEW CO COM 94973H108 4380 51600 SH SOLE 51600 0 0
YAHOO INC COM COM 984332106 686 3985 SH DEFINED 2600 1385 0
</TABLE>
HEARTLAND CAPITAL MANAGEMENT
FORM 13F SUMMARY PAGE
AS OF DATE: 06/30/99
RUN DATE: 09/30/99 3:04 P.M.
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 78
FORM 13F INFORMATION TABLE VALUE TOTAL: $1,681,871,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME