PAPP L ROY & ASSOCIATES
13F-HR, 2000-10-25
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Report for the Calendar Year or Quarter Ended:  09/30/2000

Check here if Amendment [  ]; Amendment Number: ____
This Amendment (Check only one): [  ] is a restatement  [  ] adds new holdings
 entries

Insitutional 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
11/09/99

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:		123
Form 13F Information Table Value Total:		$980,349 (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
<TABLE>
                                                                  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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
ADC Telecommunications         COM              000886101      164     6100 SH       SOLE                     5500               600
Abbott Labs                    COM              002824100     4207    88448 SH       SOLE                    19992             68456
Agilent                        COM              00846U101    10283   210125 SH       SOLE                    82824            127301
Albertson's                    COM              013104104     3665   174524 SH       SOLE                    35089    16500   122935
Alltel Corp                    COM              020039103      210     4020 SH       SOLE                                       4020
Amer Intl Group                COM              026874107     9191    96056 SH       SOLE                    78177             17879
Amer Pwr Con Corp              COM              029066107    39613  2064516 SH       SOLE                  1147170    14000   903346
                                                                19     1000 SH       DEFINED                                    1000
American Home Prod             COM              026609107    17142   303062 SH       SOLE                    73300    23000   206762
American Tower                 COM              029912201      565    15000 SH       SOLE                    15000
Amgen                          COM              031162100      442     6331 SH       SOLE                     1200              5131
Anheuser-Busch                 COM              035229103     4337   102500 SH       SOLE                                     102500
Applied Material Inc           COM              038222105     5027    84755 SH       SOLE                    57050             27705
                                                                18      300 SH       DEFINED                                     300
Auto Data Processing           COM              053015103    11736   175494 SH       SOLE                    95667             79827
BMC Software Inc               COM              055921100      249    13000 SH       SOLE                     5500              7500
BOK Financial                  COM              05561Q201      396    21381 SH       SOLE                    21381
BP Amoco Plc                   COM              055622104      884    16478 SH       SOLE                     4234             12244
Berkshire Hathway              COM              084670108      644       10 SH       SOLE                       10
Bisys                          COM              055472104      232     3000 SH       SOLE                     3000
Bristol Myers Squibb           COM              110122108     2412    42218 SH       SOLE                      550             41668
COMPAQ Computer                COM              204493100      943    34197 SH       SOLE                                      34197
Catalina Marketing Corp        COM                             203     5400 SH       SOLE                     4800               600
Cintas Corp                    COM              172908105      309     7100 SH       SOLE                     3500              3600
Cisco Systems                  COM              17275R102     2577    46648 SH       SOLE                    33276             13372
CitiGroup Inc                  COM              172967101      218     4024 SH       SOLE                                       4024
Clorox                         COM              189054109    33529   847486 SH       SOLE                   255155    16000   576601
Coca Cola Company              COM              191216100     1649    29910 SH       SOLE                    10710             19200
Colgate Palmolive              COM              194162103      331     7004 SH       SOLE                                       7004
Concord EFS Inc                COM              206197105      249     7000 SH       SOLE                     7000
Del Global Tech                COM              245073101      168    17000 SH       SOLE                    17000
Dell Computer Corp             COM              247025109      201     6520 SH       SOLE                                       6520
Disney                         COM              254687106      494    12925 SH       SOLE                     1200             11725
Donnelley R R                  COM              257867101      314    12800 SH       SOLE                                      12800
DuPont                         COM              263534109      298     7187 SH       SOLE                                       7187
EMC Corp Mass                  COM              268648102    10240   103300 SH       SOLE                    92150             11150
Emerson Electric               COM              291011104     8001   119415 SH       SOLE                    31660             87755
Ericsson Tel                   COM              294821400     8084   545760 SH       SOLE                   224580            321680
Expeditors Int'l               COM              302130109     4524   100400 SH       SOLE                    98500              1900
Exxon Mobil                    COM              302290101     6261    70254 SH       SOLE                    29799             40455
Fannie Mae                     COM              313586109      236     3300 SH       SOLE                                       3300
Federated Investors            COM              314211103      247    10000 SH       SOLE                    10000
First Data Corp                COM              319963104     4785   122503 SH       SOLE                    46500             76003
                                                                39     1000 SH       DEFINED                                    1000
First Union Corp               COM              337358105     1050    32624 SH       SOLE                                      32624
Forrester Research             COM              346563109      236     3700 SH       SOLE                     3700
G & K Services                 COM              361268105     8506   303097 SH       SOLE                   129700            173397
General Electric               COM              369604103    38521   667757 SH       SOLE                   333800            334402
General Mills                  COM              370334104      316     8900 SH       SOLE                                       8900
Glatfelter, PH                 COM              377316104      183    15065 SH       SOLE                                      15065
Grainger, W W                  COM              384802104     1638    62236 SH       SOLE                    24450             37786
Guidant Corp                   COM              401698105      645     9126 SH       SOLE                      932              8194
H B Fuller                     COM              359694106      233     8100 SH       SOLE                              4500     3600
H J Heinz                      COM              423074103      962    25967 SH       SOLE                      337             25630
HCC Insurance Holdings         COM              404132102      229    11250 SH       SOLE                                      11250
Hewlett-Packard                COM              428236103    50788   523592 SH       SOLE                   187819            335773
                                                                39      400 SH       DEFINED                                     400
Hillenbrand                    COM              431573104      394     8800 SH       SOLE                              4000     4800
Home Depot Inc                 COM              437076102     1110    20913 SH       SOLE                     1800             19113
Houghton Miff                  COM              441560109      353     9000 SH       SOLE                                       9000
IBM                            COM              459200101     8763    77889 SH       SOLE                    55661             22328
Intel                          COM              458140100    70602  1698700 SH       SOLE                   745923    32000   920927
Interpublic Group              COM              460690100    57077  1675668 SH       SOLE                   936200    12000   727728
Johnson & Johnson              COM              478160104    16398   174561 SH       SOLE                    83187             91374
Kimberly Clark                 COM              494368103      311     5575 SH       SOLE                                       5575
Lilly                          COM              532457108    24920   307186 SH       SOLE                   101730     4000   201606
Lucent Tech                    COM              549463107      473    15485 SH       SOLE                      225             15260
Manpower Inc                   COM              56418H100      291     9105 SH       SOLE                                       9105
Marsh & McLennan               COM              571748102     2170    16344 SH       SOLE                                      16344
Mattel, Inc                    COM              577081102      185    16500 SH       SOLE                      625             15875
May Dept Stores                COM              577778103      596    29091 SH       SOLE                                      29091
McCormick & Co Inc             COM              579780206      209     7015 SH       SOLE                                       7015
McDonald's                     COM              580135101    33998  1126229 SH       SOLE                   646621     8600   471343
Medtronic Inc                  COM              585055106    11952   230670 SH       SOLE                   190500             40170
Mellon Financial Corp.         COM              58551A108     5826   125638 SH       SOLE                                     125638
Merck & Co                     COM              589331107    54745   735450 SH       SOLE                   437652            297968
Microsoft Corp                 COM              594918104    47170   782086 SH       SOLE                   405480    20000   356676
Molex Inc                      COM              608554101      225     4141 SH       SOLE                                       4141
Molex Inc Cl A                 COM              608554200    28148   679294 SH       SOLE                   442337            236957
Motorola                       COM              620076109    15905   563019 SH       SOLE                    98021     9000   455998
National Instruments           COM              636518102      827    18750 SH       SOLE                    18750
Noble Affiliates               COM              654894104      371    10000 SH       SOLE                    10000
Nokia                          COM                            4435   111395 SH       SOLE                    87400             23995
Nortel Networks Co             COM              656569100      334     5600 SH       SOLE                                       5600
Northern Trust                 COM              665859104    22343   251397 SH       SOLE                    71667            179730
OGE Energy                     COM              670837103      213    10000 SH       SOLE                    10000
Office Depot                   COM              676220106     9268  1186272 SH       SOLE                   404800    13500   767972
Omnicom Group                  COM              681919106     4882    66932 SH       SOLE                    45700             21232
Oracle Systems                 COM              68389X105      973    12360 SH       SOLE                                      12360
Pacific Century                COM              694058108      217    12700 SH       SOLE                                      12700
Pepsico Inc                    COM              713448108      340     7383 SH       SOLE                      366              7017
Pfizer                         COM              717081103    12912   287322 SH       SOLE                   155800            131522
Pharmacia Corp                 COM              71713u102      467     7751 SH       SOLE                                       7751
Pitney Bowes                   COM              724479100     4871   123501 SH       SOLE                    12800            110701
Poore Brothers                 COM              732813100       27    10000 SH       SOLE                                      10000
Procter & Gamble               COM              742718109     5270    78658 SH       SOLE                    13655     3000    62003
RPM                            COM              749685103      126    13898 SH       SOLE                                      13898
Regeneron Pharmaceuticals      COM              75886f107      489    15000 SH       SOLE                    15000
Royal Dutch                    COM              780257804      414     6900 SH       SOLE                      100              6800
SBC Communications             COM              78387G103     1418    28355 SH       SOLE                     9600             18755
Sara Lee                       COM              803111103     2489   122526 SH       SOLE                              2000   120526
Schering Plough                COM              806605101      567    12200 SH       SOLE                      300             11900
Schwab, Charles                COM              808513105     3100    87332 SH       SOLE                    59169    23132     5031
Scientific Atlanta Inc         COM              808655104      337     5300 SH       SOLE                                       5300
Service Corp Intl              COM              817565104      247   101374 SH       SOLE                    20000             81374
Sigma-Aldrich                  COM              826552101      441    13350 SH       SOLE                              2000    11350
Sprint Fon Group               COM              852061100     1393    47528 SH       SOLE                    21396             26132
Sprint PCS Group               COM              69325R103      831    23710 SH       SOLE                    10648             13062
Staples Inc                    COM              855030102      172    12150 SH       SOLE                                      12150
State Street                   COM              857477103   140981  1084469 SH       SOLE                   423072    25000   636612
Steiner Leisure Ltd            COM              P8744Y102     2176    97250 SH       SOLE                    84050             13200
Stryker Corp                   COM              863667101      893    20800 SH       SOLE                    17800              3000
Sysco Corporation              COM              871829107    11730   253285 SH       SOLE                    55502            197783
T Rowe Price                   COM              741477103    23457   499745 SH       SOLE                   220775            278970
Target                         COM                            2563   100002 SH       SOLE                    16800             83202
Techne Corp                    COM              878377100      498     4450 SH       SOLE                     3200              1250
Tellabs Inc                    COM              879664100     1213    25400 SH       SOLE                    18300              7100
Thor Industries                COM              885160101      231    10000 SH       SOLE                    10000
Verizon Communications         COM                             530    10951 SH       SOLE                      223             10728
Wal-Mart                       COM              931142103    11965   248632 SH       SOLE                   109944            138798
                                                                48     1000 SH       DEFINED                                    1000
Walgreen                       COM              931422109    21648   570625 SH       SOLE                   245965            324660
Young & Rubicam Inc            COM              987425105     2138    43200 SH       SOLE                    40700              2500
</TABLE>



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