UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
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 restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Ashfield & Co., Inc.
Address: 750 Battery Street, Suite 600
San Francisco, CA 94111
13F File Number: 28-1558__
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: Susan S. Baer
Title: Vice President
Phone: 415 391-4747_
Signature, Place, and Date of Signing:
Susan S. Baer San Francisco, CA July 28, 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 SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 196
Form 13F Information Table Value Total: $1,210,637
List of Other Included Managers:
No. 13F File Number Name
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FORM 13F INFORMATION
TABLE
VALUE SHARES/ SH/
PUT/ INVSTMT OTHER VOTING AUTORITY
NAME OF ISSUER TITLE OF CLASS CUSIP NO (x$1000) PRN AMT PRN
CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ----------- -------- -------- --------
ADC TELECOMMUNICATIONS INC COM 000886101 230 5050 SH
SOLE 5050 0 0
AT&T CORP COM 001957109 15969 286116 SH
OTHER 152465 39070 94581
ABBOTT LABORATORIES COM 002824100 19312 425606 SH
OTHER 246048 66564 112994
AIR PRODUCTS & CHEMICALS INC COM 009158106 1222 30348 SH
DEFINED 5700 0 24648
ALBERTSONS INC COM 013104104 6417 124445 SH
OTHER 72452 24253 27740
ALLIED SIGNAL INC COM 019512102 2996 47550 SH
DEFINED 38350 0 9200
ALLTEL CORP COM 020039103 917 12828 SH
DEFINED 8290 0 4538
AMERICA ONLINE INC DEL COM 02364J104 14467 131520 SH
OTHER 59240 610 71670
AMERICAN EXPRESS CO COM 025816109 1611 12384 SH
DEFINED 1400 0 10984
AMERICAN GENERAL CORP COM 026351106 4692 62243 SH
DEFINED 59075 0 3168
AMERICAN HOME PRODUCTS CORP COM 026609107 4366 76094 SH
DEFINED 35961 0 40133
AMERICAN INTL GROUP INC COM 026874107 42413 361729 SH
OTHER 201743 40841 119145
AMERITECH CORP (NEW) COM 030954101 2555 34766 SH
DEFINED 32466 0 2300
AMGEN INC COM 031162100 23355 383647 SH
OTHER 178680 52817 152150
ANADARKO PETROLEUM COM 032511107 11424 310319 SH
OTHER 184385 41912 84022
ANHEUSER BUSCH COS INC COM 035229103 1289 18164 SH
DEFINED 10964 0 7200
APPLIED MICRO CIRCUITS CORP COM 03822W109 243 2954 SH
SOLE 2954 0 0
ARMSTRONG WORLD INDS INC COM 042476101 278 4812 SH
DEFINED 0 0 4812
ASSOCIATES FIRST CAPITAL CORP COM 046008108 721 16350 SH
DEFINED 0 0 16350
ATLANTIC RICHFIELD CO COM 048825103 681 8148 SH
DEFINED 6100 0 2048
AUTOMATIC DATA PROCESSING INC COM 053015103 18171 412988 SH
OTHER 245279 106374 61335
AVERY DENNISON CORP COM 053611109 706 11700 SH
DEFINED 6600 0 5100
AVON PRODS INC COM 054303102 1634 29446 SH
DEFINED 24846 0 4600
BP AMOCO PLC SPONSERED ADRS COM 055622104 6069 55938 SH
DEFINED 39249 0 16689
BAKER HUGHES INC COM 057224107 250 7465 SH
DEFINED 4655 0 2810
BANK OF AMERICA CORP COM 060505104 12771 174194 SH
OTHER 80401 3567 90226
BANK NEW YORK COMPANY COM 064057102 508 13850 SH
DEFINED 250 0 13600
BANK ONE CORP (NEW) COM 06423A103 2018 33879 SH
DEFINED 21628 0 12251
BEAR STEARNS COMPANIES INC COM 073902108 225 4816 SH
DEFINED 2349 0 2467
BELL ATLANTIC CORP COM 077853109 525 8028 SH
DEFINED 3733 0 4295
BELLSOUTH CORP COM 079860102 1552 33650 SH
DEFINED 18712 0 14938
BERKSHIRE HATHAWAY INC CV CL A COM 084670108 965 14 SH
DEFINED 0 0 14
BERKSHIRE HATHAWAY INC CLASS B 084670207 267 119 SH
OTHER 51 3 65
BESTFOODS COM 08658U101 746 15075 SH
SOLE 15075 0 0
BLOCK H & R INC COM 093671105 645 12900 SH
DEFINED 12800 0 100
BOEING COMPANY COM 097023105 330 7500 SH
DEFINED 6500 0 1000
BRISTOL-MYERS SQUIBB CO COM 110122108 15533 220521 SH
OTHER 129682 39011 51828
BURLINGTON NORTHERN SANTA FE COM 12189T104 419 13500 SH
SOLE 13500 0 0
CBS CORP COM 12490K107 632 14500 SH
SOLE 14500 0 0
CKE RESTAURANTS INC COM 12561E105 201 12380 SH
DEFINED 2370 0 10010
CVS CORP COM 126650100 528 10400 SH
DEFINED 0 0 10400
CAMPBELL SOUP CO COM 134429109 241 5200 SH
SOLE 5200 0 0
CARDINAL HEALTH INC COM 14149Y108 539 8401 SH
DEFINED 5151 0 3250
CARNIVAL CORP CLASS A COM 143658102 1135 23400 SH
DEFINED 5300 0 18100
CATERPILLAR INC COM 149123101 912 15200 SH
DEFINED 5600 0 9600
CENTURYTEL INC COM 156700106 796 20025 SH
SOLE 20025 0 0
CHASE MANHATTAN CORP COM 16161A108 1423 16456 SH
SOLE 16456 0 0
CHEVRON CORP COM 166751107 6139 64578 SH
DEFINED 38193 0 26385
CHIRON CORP COM 170040109 1185 57125 SH
DEFINED 19475 0 37650
CHUBB CORP COM 171232101 542 7800 SH
DEFINED 1800 0 6000
CISCO SYSTEMS INC COM 17275R102 31388 487102 SH
OTHER 226862 15118 245122
CINTAS CORP COM 172908105 19886 295978 SH
OTHER 163267 51678 81033
CITIGROUP INC COM 172967101 7446 156760 SH
OTHER 61233 195 95332
CLAYTON HOMES INC COM 184190106 8346 729670 SH
DEFINED 224561 0 505109
CLOROX CO COM 189054109 970 9080 SH
DEFINED 1480 0 7600
COCA-COLA COMPANY COM 191216100 17545 282978 SH
OTHER 161989 46038 74951
COMERICA INC COM 200340107 802 13500 SH
DEFINED 0 0 13500
COMPAQ COMPUTER CORP COM 204493100 424 17904 SH
OTHER 16400 104 1400
COMPUTER SCIENCES CORP COM 205363104 10149 146690 SH
OTHER 101258 22212 23220
CONSECO INC COM 208464107 653 21450 SH
DEFINED 2650 0 18800
COX COMMUNICATIONS INC CL A COM 224044107 10122 274950 SH
OTHER 181134 54061 39755
CROMPTON & KNOWLES CORP COM 227111101 454 23000 SH
DEFINED 5000 0 18000
CYMER INC COM 232572107 307 12270 SH
DEFINED 7620 0 4650
DIEBOLD INCORPORATED COM 253651103 347 12062 SH
SOLE 12062 0 0
DISNEY WALT CO COM 254687106 17032 552753 SH
OTHER 266544 123600 162609
DONNELLEY RR & SONS CO COM 257867101 308 8298 SH
DEFINED 7098 0 1200
DOVER CORP COM 260003108 224 6400 SH
DEFINED 0 0 6400
DOW CHEMICAL CO COM 260543103 1273 10030 SH
DEFINED 9830 0 200
DU PONT E I DE NEMOURS & CO COM 263534109 1997 29226 SH
DEFINED 17788 0 11438
DUN & BRADSTREET CORP (NEW) COM 26483B106 227 6400 SH
DEFINED 0 0 6400
EMC CORPORATION MASS COM 268648102 21965 399363 SH
OTHER 157554 26666 215143
EDISON INTERNATIONAL COM 281020107 229 8573 SH
DEFINED 1600 0 6973
EMERSON ELECTRIC COMPANY COM 291011104 13750 218470 SH
OTHER 130075 55754 32641
ENRON CORP COM 293561106 823 10070 SH
DEFINED 8800 0 1270
EXXON CORPORATION COM 302290101 3592 46569 SH
DEFINED 30094 0 16475
FEDERAL HOME LN MTG CORP COM 313400301 24386 420455 SH
OTHER 221929 71010 127516
FEDERAL NATL MTG ASSN COM 313586109 5276 77300 SH
DEFINED 51250 0 26050
FIRST DATA CORP COM 319963104 301 6154 SH
DEFINED 5386 0 768
FIRST TENN NATL CORP COM 337162101 1379 36000 SH
SOLE 36000 0 0
FIRST UNION CORP COM 337358105 392 8325 SH
DEFINED 2302 0 6023
FLEET FINL GROUP INC NEW COM 338915101 534 12036 SH
DEFINED 0 0 12036
FORD MOTOR COMPANY COM 345370100 1771 31375 SH
DEFINED 0 0 31375
FRANKLIN RESOURCES INC COM 354613101 878 21610 SH
DEFINED 0 0 21610
GTE CORP COM 362320103 3110 41192 SH
DEFINED 29614 0 11578
GAP INC COM 364760108 768 15239 SH
DEFINED 6787 0 8452
GENERAL ELECTRIC CO COM 369604103 64706 572619 SH
OTHER 309286 50422 212911
GENERAL MILLS INCORPORATED COM 370334104 3315 41240 SH
DEFINED 18200 0 23040
GENERAL MOTORS CORP CL H (NEW) COM 370442832 5609 99600 SH
OTHER 63800 25450 10350
GEORGIA-PACIFIC CORPORATION COM 373298108 351 7400 SH
SOLE 7400 0 0
GILLETTE COMPANY COM 375766102 14886 363062 SH
OTHER 194877 57352 110832
GREAT LAKES CHEM CORP COM 390568103 221 4800 SH
DEFINED 0 0 4800
HALLIBURTON CO (HOLDING CO) COM 406216101 7085 156575 SH
OTHER 60810 40664 55101
HEINZ H J CO COM 423074103 311 6200 SH
DEFINED 3350 0 2850
HEWLETT-PACKARD CO COM 428236103 37662 374746 SH
OTHER 209722 56263 108761
HOME DEPOT INC COM 437076102 28748 446140 SH
OTHER 236035 72932 137173
HOUSEHOLD INTL INC COM 441815107 326 6875 SH
DEFINED 1425 0 5450
IMS HEALTH INC COM 449934108 400 12800 SH
DEFINED 0 0 12800
ILLINOIS TOOL WORKS COM 452308109 2904 35520 SH
DEFINED 8220 0 27300
INTEL CORP COM 458140100 45211 759844 SH
OTHER 412814 72092 274938
INTERNATIONAL BUSINESS MACHINE COM 459200101 6957 53828 SH
OTHER 42280 220 11328
INTERPUBLIC GROUP COS INC COM 460690100 13639 157447 SH
OTHER 94186 43066 20195
JOHNSON & JOHNSON COM 478160104 46355 473014 SH
OTHER 237425 51961 183628
KANSAS CITY SOUTHN IND COM 485170104 1031 16160 SH
DEFINED 12266 0 3894
KELLOGG COMPANY COM 487836108 748 22666 SH
DEFINED 19683 0 2983
KIMBERLY CLARK CORP COM 494368103 1199 21038 SH
DEFINED 11690 0 9348
KONINKLIJKE PHILIPS ELEC SPNSRD ADR NEW500472204 8822 87455 SH
OTHER 46026 18486 22943
LENNAR CORP COM 526057104 323 13460 SH
DEFINED 3260 0 10200
LILLY ELI & COMPANY COM 532457108 4120 57527 SH
DEFINED 49801 0 7726
LINEAR TECHNOLOGY CORP COM 535678106 673 10000 SH
SOLE 10000 0 0
LOEWS CORP DEL COM 540424108 380 4800 SH
DEFINED 4400 0 400
LOWES CO INC COM 548661107 348 6140 SH
OTHER 5600 40 500
LUCENT TECHNOLOGIES INC COM 549463107 52109 772700 SH
OTHER 444480 79880 248340
MBIA INCORPORATED COM 55262C100 12321 190278 SH
OTHER 110384 38354 41540
MBNA CORP COM 55262L100 3168 103444 SH
DEFINED 64043 0 39401
MCI WORLDCOM INC COM 55268B106 16077 186808 SH
OTHER 98155 20253 68400
MARSH & MCLENNAN COS INC COM 571748102 647 8550 SH
DEFINED 3450 0 5100
MASCO CORPORATION COM 574599106 231 8000 SH
DEFINED 0 0 8000
MAY DEPT STORES CO COM 577778103 337 8250 SH
DEFINED 0 0 8250
MCDONALDS CORP COM 580135101 3518 85544 SH
DEFINED 42120 0 43424
MCKESSON HBOC INC COM 58155Q103 323 10050 SH
DEFINED 7000 0 3050
MEDIAONE GROUP INC COM 58440J104 6724 90413 SH
OTHER 45443 24875 20095
MEDTRONIC INC COM 585055106 1129 14504 SH
OTHER 5885 50 8569
MERCK & CO INC COM 589331107 47203 641121 SH
OTHER 334203 61107 245811
MERRILL LYNCH & CO INC COM 590188108 981 12340 SH
DEFINED 800 0 11540
MICROSOFT CORP COM 594918104 58554 649245 SH
OTHER 369428 70175 209642
MINNESOTA MINING & MFG CO COM 604059105 3946 45384 SH
OTHER 23997 110 21277
MOBIL CORP COM 607059102 429 4340 SH
DEFINED 2014 0 2326
MONSANTO COMPANY COM 611662107 575 14530 SH
DEFINED 10530 0 4000
MORGAN J P & CO INC COM 616880100 803 5713 SH
DEFINED 4202 0 1511
MORGAN STANLEY D. WITTER & CO COM 617446448 409 3985 SH
DEFINED 1500 0 2485
MOTOROLA INC COM 620076109 4550 48024 SH
DEFINED 24734 0 23290
NEWELL RUBBERMAID INC COM 651229106 16524 356304 SH
OTHER 215634 59795 80875
NOKIA CORP SPONSORED ADR COM 654902204 5563 60755 SH
OTHER 31855 160 28740
NORFOLK SOUTHERN CORP COM 655844108 207 6867 SH
DEFINED 0 0 6867
NUCOR CORP COM 670346105 2040 43000 SH
DEFINED 0 0 43000
OFFICE DEPOT INC COM 676220106 270 12243 SH
DEFINED 6843 0 5400
ORACLE CORP COM 68389X105 10471 282052 SH
OTHER 112168 2514 167370
PMC SIERRA INC COM 69344F106 1710 29020 SH
DEFINED 9030 0 19990
PACIFIC CENTURY FINL CORP COM 694058108 306 14172 SH
DEFINED 13372 0 800
PEPSICO INC COM 713448108 3586 92702 SH
DEFINED 49420 0 43282
PHARMACIA & UPJOHN INC COM 716941109 650 11440 SH
DEFINED 2900 0 8540
PFIZER INC COM 717081103 26315 241426 SH
OTHER 138053 2755 100618
PHILIP MORRIS COMPANIES INC COM 718154107 2039 50727 SH
DEFINED 32527 0 18200
PINNACLE WEST CAP CORP COM 723484101 282 7000 SH
SOLE 7000 0 0
POTLATCH CORPORATION COM 737628107 1148 26118 SH
DEFINED 0 0 26118
PROCTER & GAMBLE COMPANY COM 742718109 10430 116861 SH
OTHER 88305 25 28531
PROGRESSIVE CORP OHIO COM 743315103 3498 24125 SH
DEFINED 0 0 24125
PROTECTIVE LIFE CORP COM 743674103 15659 460572 SH
OTHER 245971 72136 142465
QUAKER OATS CO COM 747402105 597 9000 SH
SOLE 9000 0 0
RELIANT ENERGY INC COM 75952J108 449 16262 SH
DEFINED 15000 0 1262
ROWE T PRICE INTL STOCK FUND FUND 77956H203 164 10474 SH
DEFINED 0 0 10474
ROYAL GRP TECH LIMITED COM 779915107 244 8300 SH
DEFINED 4800 0 3500
ROYAL DUTCH PETROLEUM CO PAR VALUE 1.25780257804 5204 86372 SH
DEFINED 68100 0 18272
SBC COMMUNICATIONS INC COM 78387G103 4616 79582 SH
DEFINED 54073 0 25509
SAFECO CORPORATION COM 786429100 5269 119402 SH
DEFINED 114902 0 4500
SAFEWAY INC COM 786514208 812 16400 SH
SOLE 16400 0 0
SARA LEE CORP COM 803111103 232 10240 SH
DEFINED 0 0 10240
SCHERING PLOUGH CORP COM 806605101 8287 157843 SH
OTHER 71235 980 85628
SCHLUMBERGER LIMITED COM 806857108 7383 115932 SH
OTHER 90051 1335 24546
SCHWAB ADVANTAGE TR T/E MNY FD FUND 808508105 1001 1000604 SH
SOLE 1000604 0 0
SCHWAB CHARLES CORP COM 808513105 11451 105056 SH
DEFINED 47359 0 57697
SERVICEMASTER CO COM 81760N109 1166 62204 SH
DEFINED 8202 0 54002
SIGMA ALDRICH CORPORATION COM 826552101 396 11500 SH
SOLE 11500 0 0
SMITHKLINE BEECHAM PLC ORD A COM 832378301 311 4711 SH
OTHER 0 261 4450
SOUTHERN COMPANY COM 842587107 454 17144 SH
DEFINED 11244 0 5900
SPIEKER PROPERTIES INC COM 848497103 222 5700 SH
DEFINED 3200 0 2500
STAPLES, INC. COM 855030102 431 13928 SH
DEFINED 2025 0 11903
STATE STREET CORP COM 857477103 20793 243551 SH
OTHER 134076 38370 71105
STERIS CORP COM 859152100 378 19498 SH
DEFINED 4250 0 15248
SUN MICROSYSTEMS INC COM 866810104 265 3850 SH
DEFINED 3250 0 600
SYSCO CORP COM 871829107 2530 84850 SH
DEFINED 56450 0 28400
TELLABS INC COM 879664100 356 5272 SH
DEFINED 1200 0 4072
TEXAS INSTRUMENTS INC COM 882508104 821 5700 SH
DEFINED 1700 0 4000
TRICON GLOBAL RESTAURANTS INC COM 895953107 426 7866 SH
DEFINED 4443 0 3423
TYCO INTL LTD (NEW) COM 902124106 6990 73770 SH
OTHER 48809 400 24561
U.S. FOODSERVICE COM 90331R101 245 5750 SH
DEFINED 4950 0 800
UNION CARBIDE CORP COM 905581104 585 12000 SH
SOLE 12000 0 0
UNION PACIFIC CORPORATION COM 907818108 334 5722 SH
DEFINED 5000 0 722
UNITED HEALTHCARE CORP COM 910581107 736 11750 SH
DEFINED 2000 0 9750
U S WEST INC (NEW) COM 91273H101 365 6209 SH
DEFINED 3744 0 2465
UNITED TECHNOLOGIES CORP COM 913017109 1961 27240 SH
DEFINED 17752 0 9488
VITESSE SEMICONDUCTOR CORP COM 928497106 1592 23600 SH
DEFINED 6120 0 17480
VODAFONE GROUP ADR COM 92857T107 5035 25557 SH
OTHER 17748 135 7674
WAL MART STORES INC COM 931142103 20599 426917 SH
OTHER 249908 70616 106393
WALGREEN CO COM 931422109 2962 100820 SH
DEFINED 71180 0 29640
WARBURG PINCUS JAPAN GROWTH FUND 93401F106 186 10952 SH
DEFINED 2168 0 8784
WARBURG PINCUS JAPAN OTC FUND 93401Q102 165 12775 SH
DEFINED 786 0 11989
WARNER LAMBERT CO COM 934488107 460 6650 SH
DEFINED 6375 0 275
WASTE MANAGEMENT INC COM 94106L109 218 4063 SH
DEFINED 580 0 3483
WELLS FARGO & CO (NEW) COM 949746101 8310 194376 SH
DEFINED 112750 0 81626
WEYERHAEUSER COMPANY COM 962166104 237 3450 SH
SOLE 3450 0 0
WILLIAMS COS INC COM 969457100 27852 654388 SH
OTHER 343235 103220 207933
WILLIAMS SONOMA INC COM 969904101 2888 82955 SH
DEFINED 43795 0 39160
XEROX CORP COM 984121103 436 7382 SH
DEFINED 2360 0 5022
TRANSOCEAN OFFSHORE INC CAYMON COM G90076103 301 11485 SH
DEFINED 3085 0 8400
CHECK POINT SOFTWARE COM M22465104 1041 19420 SH
DEFINED 6820 0 12600
</TABLE>
