PAPP L ROY & ASSOCIATES
13F-HR, 2000-05-16
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Report for the Calendar Year or Quarter Ended:  03/31/2000

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:		L. Roy Papp & Associates
Address:	6225 North 24th Street, Suite 150
		Phoenix, AZ  85016

13F File Number:  28-1889

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:		L. Roy Papp
Title:		Managing Partner
Phone:		602.956.0980

Signature, Place, and Date of Signing:

L. Roy Papp
Phoenix, Arizona
05/15/00

Report Type (check only one):

[xx] 13F HOLDINGS REPORT. (check here if all holdings of this reporting manager
 are reported in this report.)

[  ] 13F NOTICE. (check here if no holdings reported are in this report, and
all holdings are reported by other reporting managers.)

[  ] 13F COMBINATION REPORT. (check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting managers.)

Report Summary:

Number of Other Included Managers:  		None
Form 13F Information Table Entry Total:		125
Form 13F Information Table Value Total:		$1,129,762 (thousands)

Provide a numbered list of the names and 13F file numbers of all institutional
investment managers with respect to which this report is filed, other than the
manager filing this report.
None
                                       L. ROY PAPP & ASSOCIATES
                                       Form 13F
                                       3/31/2000

                                    Fair
                                    Market    Investment DiVoting Authority
                                     Value
     Issuer      Clas         C (000'S)Shares   Sole Share Sole Share  None


ABBOTT LABS      COM 002824-10-   3,246 92,24828,186 64,06220,99     071,256

ADC              COM 00088-61-0     199  3,700 4,000  (300)    0     0 3,700

AGILENT          COM 00846U-10-     707  6,800 6,800     0     0     0 6,800

ALBERTSON'S      COM 013104-10-   7,447241,21482,530 158,6841,48     0199,72

ALLTEL CORP      COM 020039-10-     253  3,997 1,334 2,663     0    0 3,997

AMER INTL GROUP  COM 026874-10-   7,512 68,60056,868 11,7325,568     063,032

AMER HOME PRODUCTCOM 026609-10-  17,427324,217128,202196,0150,21     0274,00

AMER POWER CONVERCOM 029066-10-  95,6062,229,81,502,4727,42119,1     02,110,

AMERICAN TOWER   COM 2991-22-0      741 15,000     0 15,00015,00     0     0

AMGEN            COM 031162-10-     370  6,031   831 5,200 1,200    0 4,831

ANHEUSER-BUSCH   COM 035229-10-   3,383 54,350 5,400 48,950    0     054,350

ASTRA            COM 046298105      211  5,000     0           0     0 5,000

ASTRA ZENECA     COM 046353-10-     411 10,153 2,016 8,137     0     010,153

AUTO DATA PROCESSCOM 053015-10-   8,127168,441121,32547,11650,68     0117,76

AVNET            COM  05380710      209  3,315 2,030 1,285 2,030    0 1,285

BELL SOUTH       COM 079860-10-     220  4,700     0 4,700     0     0 4,700

BERKSHIRE HATHWAYCOM 084670-10-     572     10     0    10    10     0     0

BIOMET           COM 090613-10-     373 10,253 1,603 8,650     0     010,253

BMC SOFTWARE     COM 055921-10-   5,981121,13498,430 22,7047,800    0 113,33

BOK FINANCIAL    COM 05561Q-20-     396 21,381     0 21,38121,38    0     0

BP AMOCO PLC.    COM 055622-10-     845 15,878 1,852 14,0264,234     011,644

BRISTOL MYERS SQUCOM 110122-10-   2,369 40,851 8,240 32,6111,527    0 39,324

CABLE & WIRELESS COM 438579-20-     359 13,95710,931 3,026   718     013,239

CINTAS CORP      COM   17290810     200  5,100   1500        226     0 4,874

CISCO SYSTEMS    COM 17275R-10-   3,957 51,17643,000 8,176 2,254     048,922

CITI GROUP INC   COM 172967-10-     181  3,018   750         267     0 2,751

CLOROX           COM 189054-10-  26,557804,765327,821476,9491,55    0 713,21

COCA COLA        COM 191216-10-   1,451 30,91016,110 14,80010,93     019,972

COLGATE PALMOLIVECOM 194162-10-     412  7,304     0 7,304     0     0 7,304

COMPAQ COMPUTER  COM 204493-10-     909 33,668 7,012 26,656  400     033,268

COSTCO WHOLESALE COM 22160q-10-     260  4,950   150 4,800   270     0 4,680

DEL GLOBAL TECH  COM   24507310     145 17,00017,000     0     0    0 17,000

DELL COMPUTER    COM   24702510     271  5,020 3,300 1,720   400    0 4,620

DISNEY, WALT     COM 254687-10-     781 18,925 7,200 11,7251,200    0 17,725

DONNELLEY R. R.  COM 257867-10-     331 15,800     0 15,800    0     015,800

DUPONT           COM   26353410     380  7,187     0 7,187   208     0 6,979

EMC CORP MASS    COM 268648-10-   8,039 63,80056,500 7,300 4,300     059,500

EMERSON ELEC     COM 291011-10-   7,054132,77561,385 71,39031,66     0101,11

ERICSSON ADR     COM 294821-40-  13,473143,61511,640 131,9736,64    0 106,97

EXPEDITORS INT'L COM 302130-10-   1,125 28,30028,300     0     0     028,300

EXXON MOBIL      COM   30229010   5,748 73,75721,500 52,25731,21     042,547

FEDERATED INVESTOCOM 31420510-3     219  8,000   8000          0     0 8,000

FIRST UNION CORP COM 337358-10-   1,290 34,624     0 34,624    0     034,624

G & K SERVICES   COM 361268-10-   6,838349,847190,590159,2535,70    0 314,14

GENERAL ELECTRIC COM 369604-10-  38,419246,868164,89481,97421,18     0225,68

GENERAL MILLS    COM 370334-10-     322  8,900     0 8,900     0     0 8,900

GLATFELTER       COM  377316104     162 15,255     0 15,255    0     015,255

GLAXO WELLCOME   COM 37733w105      212  3,700 2,000 1,700 2,000    0 1,700

GRAINGER, W W    COM 384802-10-   4,804 88,55657,906 30,65024,45    0 64,106

GTE              COM  362320103     460  6,483 3,000 3,483   183     0 6,300

GUIDANT CORP     COM 401698-10-     759 12,884   932 11,952  932    0 11,952

H B FULLER       COM 359694-10-     323  8,100 8,100     0     0     0 8,100

HCC INSURANCE HOLCOM 404132-10-     149 11,250     0 11,250    0     011,250

HEINZ            COM 423074-10-   1,315 37,70418,584 19,1202,537     035,167

HEWLETT PACKARD  COM 428236-10-  73,152550,531287,007263,5257,91     0492,62

HILLENBRAND      COM 431573-10-     299  8,800 4,000 4,800 4,000    0 4,800

HOME DEPOT INC   COM 437076-10-   1,349 20,913 1,350 19,563  426     020,487

HOUGHTON MIFF    COM 441560-10-     382  9,000 9,000     0     0     0 9,000

IBM CORP         COM 459200-10-   9,685 82,07678,048 4,028 10,73     071,338

ILLINOIS TOOL WORCOM 452308-10-     177  3,200     0 3,200     0     0 3,200

INTEL CORPORATIONCOM 458140-10- 138,0691,046,4624,302422,1785,52    0 960,95

INTERPUBLIC GROUPCOM 460690-10-  81,0271,714,81,164,4550,36164,2     01,550,

INVESTORS FINANCICOM  461915100     177  3,000 3,000           0     0 3,000

JOHNSON & JOHNSONCOM 478160-10-  13,335189,828122,70567,12311,57     0178,25

KIMBERLY CLARK   COM  494368103     473  8,437 3,457 4,980     0     0 8,437

LILLY, ELI       COM 532457-10-  15,631249,589103,265146,3215,73    0 233,85

LUCENT TECH      COM 549463-10-     884 14,434 5,882 8,552   484    0 13,950

MANPOWER INC.    COM 56418H-10-     783 22,045 3,200 18,845    0    0 22,045

MARSH & McLENNAN COM 571748-10-   1,869 16,944 1,200 15,744    0     016,944

MATTEL, INC.     COM 577081-10-     761 72,49422,175 50,31914,02     058,469

MAY DEPT STORES  COM 577778-10-   1,117 39,19111,250 27,941    0     039,191

McCORMICK & CO   COM 579780-20-     226  7,015 7,015     0     0     0 7,015

McDONALDS        COM 580135-10-  38,0681,018,5648,344370,19120,1    0 898,34

MEDTRONICS       COM 585055-10-  11,561224,760207,24017,52016,69     0208,06

MELLON BANK      COM 585509-10-   3,812128,138     0 128,13    0     0128,13

MERCK            COM 589331-10-  46,912755,124508,534246,5978,66     0676,46

MICROMEM TECH    COM 59509p106      214 15,000     0 15,00015,00     0     0

MICROSOFT CORP.  COM 594918-10-  79,703750,149491,625258,5280,15    0 669,99

MOLEX            CL A608554-20-  25,326570,733405,310165,428,687     0562,04

MOTOROLA         COM 620076-10-  29,549202,39367,282 135,1113,12     0189,26

NATIONAL INSTRUMECOM 636518-10-     880 18,75018,750     0 18,75     0     0

NOBLE AFFILIATES COM 654894-10-     328 10,000     0 10,00010,00     0     0

NORTEL NETWORKS  COM  656569100     353  2,800     0 2,800     0    0 2,800

NORTHERN TRUST   COM 665859-10-  19,263285,112105,264179,845,000    0 280,11

OFFICE DEPOT     COM 676220-10-  20,5261,775,11,050,6724,54150,1     01,625,

OKLAHOMA G & E   COM 670837-10-     192 10,000     0 10,00010,00    0     0

OMNICOM GROUP    COM 681919-10-   6,095 65,10047,730 17,3701,800     063,300

ORACLE SYSTEMS   COM 68389X-10-   2,119 27,150 1,800 25,350    0     027,150

PACIFIC CENTURY  COM 694058-10-     258 12,70012,700     0     0     012,700

PEPSICO INC.     COM 713448-10-     277  7,950 3,450 4,500 2,200    0 5,750

PFIZER           COM 717081-10-   8,845241,905153,72588,18039,14     0202,76

PHARMACIA CORP   COM  71713u10       51    850     0           0     0   850

PITNEY BOWES     COM 724479-10-   6,021134,73025,200 109,5314,99     0119,73

POORE BROTHERS   COM   73281310      19 10,000     0 10,000    0     010,000

PROCTER & GAMBLE COM 742718-10-   4,857 85,96836,555 49,41315,06    0 70,903

REGENERON        COM  75886f10      443 15,00015,000     0 15,00     0     0

RESMED           COM 76115-21-0     357  5,000 5,000     0     0     0 5,000

ROYAL DUTCH      COM 780257-80-     704 12,180 4,000 8,180   100     012,080

RPM              COM   74968510     153 13,898     0 13,898    0     013,898

SARA LEE         COM 803111-10-   2,304128,02622,600 105,422,000    0 126,02

SBC COMMUNICATIONCOM 78387G-10-   1,140 27,061     0 27,0619,841    0 17,220

SCHERING PLOUGH  COM 806605-10-     475 12,800   400 12,400  300    0 12,500

SCHLUMBERGER LTD COM 806857-10-     456  5,960     0 5,960   208     0 5,752

SCHWAB, CHARLES  COM 808513-10-   2,372 41,750   400 41,35040,00     0 1,750

SCIENTIFIC ATLANTCOM  808655104     335  5,300     0           0     0 5,300

SERVICE CORP     COM 817565-10-     577192,25853,810 138,4435,91     0156,34

SIGMA-ALDRICH    COM 826552-10-     456 16,950 3,550 13,4002,500    0 14,450

SPRINT CORP      COM 852061-10-   3,253 51,42810,822 40,60625,39     026,032

SPRINT PCS       COM 69325R-10-   1,684 25,709 5,410 20,29912,64     013,061

STAPLES          COM 855030-10-     243 12,150 3,600 8,550     0     012,150

STATE STREET CORPCOM 857477-10- 123,8441,278,3708,737569,64107,8     01,170,

STEINER LEISURE LCOM P8744Y-10-   1,993103,55096,850 6,700   700    0 102,85

STRYKER CORP.    COM 863667-10-     837 12,00010,000 2,000     0     012,000

SYSCO CORP.      COM 871829-10-  10,048278,132151,008127,1255,51     0222,62

T. ROWE PRICE    COM 741477-10-  18,192460,565245,240215,3226,32     0434,24

TARGET CORP      COM  239753106   4,025 53,85014,050       11,17     042,677

TECHNE           COM 878377-10-     449  6,500 5,300 1,200 2,100     0 4,400

TELLABS, INC     COM  879664100   2,356 37,40035,050         536    0 36,864

THOR INDUSTRIES  COM 88516-01-0     243 10,000     0 10,00010,00     0     0

U S TRUST        COM  9128L-10    1,117  5,900 5,900     0     0     0 5,900

WALGREEN         COM 931422-10-  14,302555,422309,872245,55119,9     0435,45

WAL-MART         COM 931142-10-   7,886139,580105,33034,25023,63     0115,94

WARNER LAMBERT   COM 934488-10-   1,092 11,175 6,000 5,175     0    0 11,175

YOUNG & RUBICAM  COM 987425-10-     291  6,200 6,200     0     0     0 6,200

Total                          1,129,7619,712,974




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