UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
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 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 November 10, 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: 192
Form 13F Information Table Value Total: $1,179,939
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 212 5050 SH SOLE 5050 0 0
AT&T CORP COM 001957109 15471 355652 SH OTHER 230006 42715 82931
ABBOTT LABORATORIES COM 002824100 9568 260808 SH OTHER 100413 67214 93181
AIR PRODUCTS & CHEMICALS INC COM 009158106 888 30348 SH DEFINED 5700 0 24648
ALBERTSONS INC COM 013104104 2559 64690 SH OTHER 39070 130 25490
ALLIED SIGNAL INC COM 019512102 3080 51395 SH DEFINED 41605 0 9790
ALLTEL CORP COM 020039103 2324 33023 SH DEFINED 21725 0 11298
AMERICA ONLINE INC DEL COM 02364J104 12335 118530 SH OTHER 75675 2320 40535
AMERICAN EXPRESS CO COM 025816109 1672 12384 SH DEFINED 1400 0 10984
AMERICAN GENERAL CORP COM 026351106 3937 62243 SH DEFINED 59075 0 3168
AMERICAN HOME PRODUCTS CORP COM 026609107 3050 73494 SH DEFINED 34361 0 39133
AMERICAN INTL GROUP INC COM 026874107 38652 444595 SH OTHER 277444 51104 116047
AMERITECH CORP (NEW) COM 030954101 2321 34766 SH DEFINED 31666 0 3100
AMGEN INC COM 031162100 30187 370391 SH OTHER 217640 50337 102414
ANADARKO PETROLEUM COM 032511107 10149 332089 SH OTHER 236355 53457 42277
ANHEUSER BUSCH COS INC COM 035229103 1273 18164 SH OTHER 10864 100 7200
APPLIED MICRO CIRCUITS CORP COM 03822W109 337 5908 SH SOLE 5908 0 0
ARMSTRONG WORLD INDS INC COM 042476101 216 4812 SH DEFINED 0 0 4812
ASSOCIATES FIRST CAPITAL CORP COM 046008108 589 16350 SH DEFINED 0 0 16350
ATLANTIC RICHFIELD CO COM 048825103 893 10074 SH DEFINED 8026 0 2048
AUTOMATIC DATA PROCESSING INC COM 053015103 17529 392815 SH OTHER 229224 104119 59472
AVERY DENNISON CORP COM 053611109 617 11700 SH DEFINED 6600 0 5100
AVON PRODS INC COM 054303102 636 25646 SH DEFINED 23446 0 2200
BP AMOCO PLC SPONSERED ADRS COM 055622104 6159 55577 SH DEFINED 39049 0 16528
BAKER HUGHES INC COM 057224107 216 7465 SH DEFINED 4655 0 2810
BANK OF AMERICA CORP COM 060505104 5974 107275 SH DEFINED 41727 0 65548
BANK NEW YORK COMPANY COM 064057102 463 13850 SH DEFINED 250 0 13600
BANK ONE CORP (NEW) COM 06423A103 1154 33139 SH DEFINED 21258 0 11881
BELL ATLANTIC CORP COM 077853109 540 8028 SH DEFINED 3733 0 4295
BELLSOUTH CORP COM 079860102 1514 33650 SH DEFINED 18712 0 14938
BERKSHIRE HATHAWAY INC DEL CL A 084670108 770 14 SH DEFINED 0 0 14
BERKSHIRE HATHAWAY INC CLASS B 084670207 215 116 SH DEFINED 51 0 65
BESTFOODS COM 08658U101 586 12075 SH SOLE 12075 0 0
BLOCK H & R INC COM 093671105 560 12900 SH SOLE 12900 0 0
BOEING COMPANY COM 097023105 332 7800 SH OTHER 6500 300 1000
BRISTOL-MYERS SQUIBB CO COM 110122108 15337 227218 SH OTHER 133117 40658 53443
BURLINGTON NORTHN SANTA FE CP COM 12189T104 314 11400 SH SOLE 11400 0 0
CBS CORP COM 12490K107 671 14500 SH SOLE 14500 0 0
C&K WITCO CORP COM 12562C108 253 17000 SH DEFINED 5000 0 12000
CMGI INC COM 125750109 592 5780 SH DEFINED 2730 0 3050
CSG SYSTEMS INTL INC COM 126349109 583 21280 SH DEFINED 3380 0 17900
CVS CORP COM 126650100 424 10400 SH DEFINED 0 0 10400
CAMPBELL SOUP CO COM 134429109 203 5200 SH SOLE 5200 0 0
CARDINAL HEALTH INC COM 14149Y108 6201 113773 SH OTHER 91226 510 22037
CARNIVAL CORP CLASS A COM 143658102 1018 23400 SH DEFINED 5300 0 18100
CATERPILLAR INC COM 149123101 833 15200 SH DEFINED 13600 0 1600
CENTURYTEL INC COM 156700106 814 20025 SH SOLE 20025 0 0
CHASE MANHATTAN CORP COM 16161A108 1240 16456 SH SOLE 16456 0 0
CHEVRON CORP COM 166751107 5729 64553 SH DEFINED 38168 0 26385
CHIRON CORP COM 170040109 2057 74277 SH DEFINED 31800 0 42477
CHOICEPOINT INC COM 170388102 200 2970 SH DEFINED 2800 0 170
CHUBB CORP COM 171232101 387 7800 SH SOLE 7800 0 0
CISCO SYSTEMS INC COM 17275R102 34118 497614 SH OTHER 319964 12719 164931
CINTAS CORP COM 172908105 17698 306123 SH OTHER 213267 55748 37108
CITIGROUP INC COM 172967101 13230 300687 SH OTHER 211883 8110 80694
CLAYTON HOMES INC COM 184190106 288 33180 SH DEFINED 30720 0 2460
CLOROX CO COM 189054109 496 12960 SH DEFINED 1760 0 11200
COCA-COLA COMPANY COM 191216100 13787 285740 SH OTHER 191174 48133 46433
COGNOS INC COM 19244C109 205 7870 SH DEFINED 4770 0 3100
COMERICA INC COM 200340107 683 13500 SH SOLE 13500 0 0
COMPAQ COMPUTER CORP COM 204493100 410 17904 SH OTHER 17800 104 0
COMPUTER SCIENCES CORP COM 205363104 10358 147310 SH OTHER 102803 21582 22925
CONSECO INC COM 208464107 386 20315 SH DEFINED 17115 0 3200
COX COMMUNICATIONS INC CL A COM 224044107 12162 291310 SH OTHER 190799 59676 40835
CYMER INC COM 232572107 396 11410 SH DEFINED 7160 0 4250
DIEBOLD INCORPORATED COM 253651103 277 11982 SH SOLE 11982 0 0
DISNEY WALT CO COM 254687106 14586 561019 SH OTHER 339405 130090 91524
DOVER CORP COM 260003108 262 6400 SH DEFINED 0 0 6400
DOW CHEMICAL CO COM 260543103 1140 10030 SH DEFINED 9830 0 200
DU PONT E I DE NEMOURS & CO COM 263534109 1768 29226 SH DEFINED 17788 0 11438
EMC CORPORATION MASS COM 268648102 27843 390099 SH OTHER 222189 31631 136279
EDISON INTERNATIONAL COM 281020107 208 8573 SH DEFINED 1600 0 6973
EMERSON ELECTRIC COMPANY COM 291011104 12846 203300 SH OTHER 118565 54089 30646
ENRON CORP COM 293561106 827 20140 SH DEFINED 15400 0 4740
EXXON CORPORATION COM 302290101 3411 44877 SH OTHER 28202 200 16475
FEDERAL HOME LN MTG CORP COM 313400301 22042 423888 SH OTHER 280964 74610 68314
FEDERAL NATL MTG ASSN COM 313586109 5154 82225 SH OTHER 59505 100 22620
FIRST DATA CORP COM 319963104 270 6154 SH DEFINED 5386 0 768
FIRST TENN NATL CORP COM 337162101 1013 36000 SH SOLE 36000 0 0
FIRST UNION CORP COM 337358105 297 8325 SH DEFINED 2302 0 6023
FLEET FINL GROUP INC NEW COM 338915101 441 12036 SH DEFINED 0 0 12036
FORD MOTOR COMPANY COM 345370100 1577 31375 SH DEFINED 0 0 31375
FRANKLIN RESOURCES INC COM 354613101 437 14310 SH DEFINED 0 0 14310
GTE CORP COM 362320103 3090 40192 SH DEFINED 28614 0 11578
GAP INC COM 364760108 1046 32687 SH DEFINED 20487 0 12200
GENERAL ELECTRIC CO COM 369604103 67797 571824 SH OTHER 339909 51837 180078
GENERAL MILLS INCORPORATED COM 370334104 3342 41192 SH DEFINED 18202 0 22990
GENERAL MOTORS CORP CL H (NEW) COM 370442832 5753 100485 SH OTHER 64365 25775 10345
GEORGIA-PACIFIC CORPORATION COM 373298108 299 7400 SH SOLE 7400 0 0
GILLETTE COMPANY COM 375766102 12041 354800 SH OTHER 229338 61719 63743
HALLIBURTON CO (HOLDING CO) COM 406216101 6687 163106 SH OTHER 97020 42085 24001
HEINZ H J CO COM 423074103 226 5250 SH DEFINED 3350 0 1900
HEWLETT-PACKARD CO COM 428236103 33578 370011 SH OTHER 233923 56248 79840
HOME DEPOT INC COM 437076102 30204 440125 SH OTHER 295530 72288 72307
HOUSEHOLD INTL INC COM 441815107 264 6575 SH DEFINED 1425 0 5150
IMS HEALTH INC COM 449934108 292 12800 SH DEFINED 0 0 12800
ILLINOIS TOOL WORKS COM 452308109 2648 35520 SH DEFINED 8220 0 27300
INTEL CORP COM 458140100 55711 749681 SH OTHER 444850 71193 233638
INTERNATIONAL BUSINESS MACHINE COM 459200101 7104 58708 SH DEFINED 47180 0 11528
INTERPUBLIC GROUP COS INC COM 460690100 12908 313877 SH OTHER 188432 83647 41798
JOHNSON & JOHNSON COM 478160104 42514 462739 SH OTHER 275765 54116 132858
KANSAS CITY SOUTHN IND COM 485170104 820 17635 SH DEFINED 9816 0 7819
KELLOGG COMPANY COM 487836108 849 22666 SH DEFINED 19683 0 2983
KIMBERLY CLARK CORP COM 494368103 1089 20638 SH DEFINED 11690 0 8948
KONINKLIJKE PHILIPS ELEC SPNSRD ADR NEW500472204 8881 87933 SH OTHER 50122 17871 19940
LILLY ELI & COMPANY COM 532457108 3617 56352 SH DEFINED 48051 0 8301
LINEAR TECHNOLOGY CORP COM 535678106 588 10000 SH SOLE 10000 0 0
LOEWS CORP DEL COM 540424108 337 4800 SH DEFINED 4400 0 400
LOWES CO INC COM 548661107 291 5964 SH OTHER 5600 40 324
LUCENT TECHNOLOGIES INC COM 549463107 48179 742647 SH OTHER 491583 81305 169759
MBIA INCORPORATED COM 55262C100 8870 190238 SH OTHER 119861 39204 31173
MBNA CORP COM 55262L100 2237 98044 SH DEFINED 55943 0 42101
MCI WORLDCOM INC COM 55268B106 14222 197870 SH OTHER 130965 23702 43203
MARSH & MCLENNAN COS INC COM 571748102 697 10170 SH DEFINED 3450 0 6720
MASCO CORPORATION COM 574599106 248 8000 SH DEFINED 0 0 8000
MAY DEPT STORES CO COM 577778103 301 8250 SH DEFINED 0 0 8250
MCDONALDS CORP COM 580135101 3843 88864 SH DEFINED 43420 0 45444
MEDIAONE GROUP INC COM 58440J104 6542 95768 SH OTHER 48823 24310 22635
MEDTRONIC INC COM 585055106 1082 30412 SH OTHER 10574 100 19738
MERCK & CO INC COM 589331107 41348 637960 SH OTHER 372418 64227 201315
MERRILL LYNCH & CO INC COM 590188108 831 12340 SH DEFINED 800 0 11540
MICROSOFT CORP COM 594918104 57820 638455 SH OTHER 383368 69955 185132
MINNESOTA MINING & MFG CO COM 604059105 4365 45434 SH OTHER 23997 310 21127
MOBIL CORP COM 607059102 417 4140 SH DEFINED 1814 0 2326
MONSANTO COMPANY COM 611662107 332 9300 SH DEFINED 6830 0 2470
MORGAN J P & CO INC COM 616880100 653 5713 SH DEFINED 4202 0 1511
MORGAN STANLEY D. WITTER & CO COM 617446448 355 3985 SH DEFINED 1500 0 2485
MOTOROLA INC COM 620076109 22110 251246 SH DEFINED 23609 0 227637
NETGRAVITY INC COM 641114103 215 6500 SH DEFINED 4500 0 2000
NEWELL RUBBERMAID INC COM 651229106 7526 263501 SH OTHER 166381 54545 42575
NOKIA CORP SPONSORED ADR COM 654902204 6751 75120 SH OTHER 66945 160 8015
NORTEL NETWORKS CORP COM 656569100 204 4000 SH SOLE 4000 0 0
NUCOR CORP COM 670346105 2048 43000 SH DEFINED 0 0 43000
OFFICE DEPOT INC COM 676220106 129 12243 SH DEFINED 6843 0 5400
ORACLE CORP COM 68389X105 12353 271484 SH OTHER 169217 7152 95115
PMC-SIERRA INC COM 69344F106 2301 24880 SH DEFINED 7280 0 17600
PACIFIC CENTURY FINL CORP COM 694058108 290 14172 SH DEFINED 13372 0 800
PEPSICO INC COM 713448108 2827 92702 SH DEFINED 49420 0 43282
PHARMACIA & UPJOHN INC COM 716941109 568 11440 SH DEFINED 2900 0 8540
PFIZER INC COM 717081103 25830 719996 SH OTHER 507456 12625 199915
PHILIP MORRIS COMPANIES INC COM 718154107 1699 49687 SH DEFINED 31187 0 18500
PINNACLE WEST CAP CORP COM 723484101 255 7000 SH SOLE 7000 0 0
POTLATCH CORPORATION COM 737628107 992 24080 SH DEFINED 0 0 24080
PROCTER & GAMBLE COMPANY COM 742718109 11040 117761 SH OTHER 89205 225 28331
PROGRESSIVE CORP OHIO COM 743315103 1971 24125 SH DEFINED 0 0 24125
PROTECTIVE LIFE CORP COM 743674103 14191 489347 SH OTHER 338581 79766 71000
QUAKER OATS CO COM 747402105 557 9000 SH SOLE 9000 0 0
QUALCOMM INC COM 747525103 2066 10918 SH OTHER 400 10518 0
QUINTILES TRANSNATIONAL CORP COM 748767100 841 44200 SH DEFINED 15610 0 28590
RELIANT ENERGY INC COM 75952J108 283 10462 SH DEFINED 9200 0 1262
ROWE T PRICE INTL STOCK FUND FUND 77956H203 169 10474 SH DEFINED 0 0 10474
ROYAL DUTCH PETROLEUM CO PAR VALUE 1.25780257804 5101 86372 SH DEFINED 68500 0 17872
SBC COMMUNICATIONS INC COM 78387G103 3977 77882 SH DEFINED 53423 0 24459
SAFECO CORPORATION COM 786429100 3343 119402 SH DEFINED 114902 0 4500
SAFEWAY INC COM 786514208 594 15600 SH SOLE 15600 0 0
SARA LEE CORP COM 803111103 239 10240 SH DEFINED 0 0 10240
SCANA CORP COM 805898103 202 8350 SH DEFINED 6850 0 1500
SCHERING PLOUGH CORP COM 806605101 6583 150898 SH OTHER 123455 4140 23303
SCHLUMBERGER LIMITED COM 806857108 7451 119577 SH OTHER 101071 1980 16526
SCHWAB CHARLES CORP COM 808513105 7164 214242 SH DEFINED 97448 0 116794
SERVICEMASTER CO COM 81760N109 983 61204 SH DEFINED 7202 0 54002
SIGMA ALDRICH CORPORATION COM 826552101 365 11500 SH SOLE 11500 0 0
SMITHKLINE BEECHAM PLC ORD A COM 832378301 256 4450 SH DEFINED 0 0 4450
SOUTHERN COMPANY COM 842587107 300 11644 SH DEFINED 11244 0 400
SPIEKER PROPERTIES INC COM 848497103 225 6500 SH DEFINED 3900 0 2600
STAPLES, INC. COM 855030102 304 13928 SH DEFINED 2025 0 11903
STATE STREET CORP COM 857477103 16330 252688 SH OTHER 162086 41615 48987
SUN MICROSYSTEMS INC COM 866810104 579 6230 SH DEFINED 5230 0 1000
SYSCO CORP COM 871829107 2968 84650 SH DEFINED 54750 0 29900
TELLABS INC COM 879664100 300 5272 SH DEFINED 1200 0 4072
TEXAS INSTRUMENTS INC COM 882508104 995 12100 SH DEFINED 4100 0 8000
TIME WARNER INC COM 887315109 273 4500 SH OTHER 4100 400 0
TRICON GLOBAL RESTAURANTS INC COM 895953107 322 7866 SH DEFINED 4443 0 3423
TYCO INTL LTD (NEW) COM 902124106 19220 186152 SH OTHER 119194 28665 38293
UNION CARBIDE CORP COM 905581104 682 12000 SH SOLE 12000 0 0
UNION PACIFIC CORPORATION COM 907818108 258 5372 SH DEFINED 5000 0 372
UNITED HEALTHCARE CORP COM 910581107 572 11750 SH DEFINED 2000 0 9750
U S WEST INC (NEW) COM 91273H101 354 6209 SH DEFINED 3744 0 2465
UNITED TECHNOLOGIES CORP COM 913017109 1930 32540 SH DEFINED 23052 0 9488
VITESSE SEMICONDUCTOR CORP COM 928497106 1996 23380 SH DEFINED 6120 0 17260
VODAFONE AIRTOUCH PLC SPONSORED ADR 92857T107 6455 27150 SH OTHER 17486 175 9489
WAL MART STORES INC COM 931142103 21986 462248 SH OTHER 308433 74886 78929
WALGREEN CO COM 931422109 2554 100668 SH DEFINED 72580 0 28088
WARBURG PINCUS JAPAN GROWTH FUND 93401F106 250 10952 SH DEFINED 2168 0 8784
WARBURG PINCUS JAPAN OTC FUND 93401Q102 226 12775 SH DEFINED 786 0 11989
WARNER LAMBERT CO COM 934488107 441 6650 SH DEFINED 6375 0 275
WELLS FARGO & CO (NEW) COM 949746101 7670 193576 SH DEFINED 112250 0 81326
WILLIAMS COS INC COM 969457100 25044 665623 SH OTHER 464635 105660 95328
WILLIAMS SONOMA INC COM 969904101 5195 106976 SH DEFINED 53090 0 53886
XEROX CORP COM 984121103 310 7382 SH DEFINED 2360 0 5022
TRANSOCEAN OFFSHORE INC CAYMON COM G90076103 352 11485 SH DEFINED 3085 0 8400
CHECK POINT SOFTWARE COM M22465104 1606 19020 SH DEFINED 6670 0 12350
</TABLE>
