UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
Check here is Amendment [ ] ; Amendment Number:
This Amendment (check only one): [ ] is a restatement.
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: Sasco Capital, Inc.
Address: 10 Sasco Hill Road
Fairfield, CT 06430
13F File Number: 28-1646
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: Daniel L. Leary
Title: Secretary
Phone: 203-254-6800
Signature, Place, and Date of Signing:
Daniel L. Leary Fairfield, Connecticut April 26, 2000
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.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 30
Form 13F Information Table Value Total: $1,423,409
List of Other Included Managers:
<PAGE>
FORM 13 F MARCH 2000
REPORTING MANAGER: SASCO CAPITAL, INC.
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
NAME OF ISSUER TITLE OF
CLASS CUSIP VALUE SHARES / SH/ INVESTMENTOTHER VOTING AUTHORITY
(x$1000 PRN AMT PRN DISCRETION MGR SOLE SHARED NONE
<CAPTION> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AK STL HLDG CORP COMMON 001547108 40,375 3,891,613 SH SOLE 0 2,012,682 0 1,878,931
ALLEGHANY CORP DEL COMMON 017175100 69,656 370,513 SH SOLE 0 195,265 0 175,248
ALLEGHENY TECHNOLOGIES COMMON 01741R102 32,542 1,622,023 SH SOLE 0 855,505 0 766,518
AMERICAN NATL CAN GROUPCOMMON 027714104 33,318 2,538,530 SH SOLE 0 1,343,130 0 1,195,400
ATMOS ENERGY COMMON 049560105 33,983 2,075,290 SH SOLE 0 1,090,490 0 984,800
BALL CORP COMMON 058498106 48,262 1,396,356 SH SOLE 0 732,870 0 663,486
CITIZENS UTILITIES CL B 177342201 80,357 4,907,280 SH SOLE 0 2,585,780 0 2,321,500
DEVON ENERGY CORP COMMON 25179M103 70,692 1,455,694 SH SOLE 0 755,938 0 699,756
EASTMAN KODAK CO COMMON 277461109 37,084 682,790 SH SOLE 0 356,190 0 326,600
ENGELHARD CORP COMMON 292845104 40,626 2,686,030 SH SOLE 0 1,411,580 0 1,274,450
FOOTSTAR INC COMMON 344912100 46,932 1,661,317 SH SOLE 0 861,723 0 799,594
FORT JAMES CORP COMMON 347471104 71,921 3,269,120 SH SOLE 0 1,715,620 0 1,553,500
GRACE W R & CO DEL COMMON 38388F108 45,868 3,562,560 SH SOLE 0 1,870,160 0 1,692,400
HERCULES INC COMMON 427056106 48,829 3,028,168 SH SOLE 0 1,590,090 0 1,438,078
KERR MCGEE CORP COMMON 492386107 27,392 474,325 SH SOLE 0 250,792 0 223,533
KINDER MORGAN INC KANS COMMON 49455P101 46,024 1,334,040 SH SOLE 0 704,140 0 629,900
NORTHEAST UTILS COMMON 664397106 35,124 1,633,667 SH SOLE 0 865,040 0 768,627
OCEAN ENERGY INC TEX COMMON 67481E106 74,794 5,203,060 SH SOLE 0 2,752,060 0 2,451,000
ONEOK INC COMMON 682680103 27,515 1,100,580 SH SOLE 0 576,180 0 524,400
PACTIV CORP COMMON 695257105 46,370 5,337,500 SH SOLE 0 2,790,400 0 2,547,100
R&B FALCON COMMON 74912E101 27,694 1,406,680 SH SOLE 0 738,780 0 667,900
REYNOLDS METALS CO COMMON 761763101 47,588 711,591 SH SOLE 0 369,610 0 341,981
STANLEY WORKS COMMON 854616109 45,524 1,726,040 SH SOLE 0 902,840 0 823,200
SUNOCO, INC. COMMON 86764P109 46,469 1,697,485 SH SOLE 0 882,435 0 815,050
TOSCO CORP COMMON 891490302 38,546 1,258,660 SH SOLE 0 662,160 0 596,500
UGI CORP NEW COMMON 902681105 54,006 2,497,380 SH SOLE 0 1,302,380 0 1,195,000
U S INDS INC NEW COMMON 912080108 43,349 3,918,560 SH SOLE 0 2,041,010 0 1,877,550
VENATOR GROUP INC COMMON 922944103 70,834 7,925,442 SH SOLE 0 4,137,850 0 3,787,592
WASTE MANAGEMENT COMMON 94106L109 55,019 4,019,660 SH SOLE 0 2,101,660 0 1,918,000
WESTERN RES INC COMMON 959425109 36,716 2,321,970 SH SOLE 0 1,210,570 0 1,111,400
</TABLE>