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: Thompson/Rubinstein Investment Mgt, Inc.
Address: 715 S.W. Morrison, Suite 604
Portland, OR 97205
13F File Number: 801-14599
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: Cynthia Henderson
Title: Office Manager
Phone: 503-224-1488_
Signature, Place, and Date of Signing:
Cynthia Henderson August 4, 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: 92
Form 13F Information Table Value Total: $1,112,696
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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ----------- -------- -------- --------
ALBERTSONS INC COM 013104104 123640 2397863 SH DEFINED 1692261 0 705601
ALLMERICA FINANCIAL COM 019754100 3164 52022 SH DEFINED 7721 0 44301
ALLTEL CORP COM 020039103 388 5430 SH DEFINED 0 0 5430
AMERICAN HOME PRODUCTS CORP COM 026609107 895 15600 SH DEFINED 0 0 15600
AMERITECH CORP (NEW) COM 030954101 226 3072 SH DEFINED 0 0 3072
ANHEUSER BUSCH COS INC COM 035229103 2398 33810 SH DEFINED 2000 0 31810
AON CORP COM 037389103 12760 309327 SH DEFINED 267195 0 42131
ATLANTIC RICHFIELD CO COM 048825103 1565 18731 SH DEFINED 6000 0 12731
BP AMOCO PLC SPONSERED ADRS COM 055622104 682 6285 SH DEFINED 0 0 6285
BANK OF AMERICA CORP COM 060505104 327 4461 SH DEFINED 0 0 4461
BANK NEW YORK COMPANY COM 064057102 314 8560 SH DEFINED 0 0 8560
BERKSHIRE HATHAWAY INC CV CL A COM 084670108 207 3 SH DEFINED 0 0 3
BRISTOL-MYERS SQUIBB CO COM 110122108 2426 34435 SH DEFINED 8540 0 25895
BURLINGTON NORTHERN SANTA FE COM 12189T104 344 11100 SH DEFINED 0 0 11100
BURLINGTON RESOURCES INC COM 122014103 14855 343457 SH DEFINED 316100 0 27357
CVS CORP COM 126650100 2003 39470 SH DEFINED 1872 0 37598
CHASE MANHATTAN CORP COM 16161A108 992 11465 SH DEFINED 460 0 11005
CHEVRON CORP COM 166751107 641 6740 SH DEFINED 0 0 6740
CISCO SYSTEMS INC COM 17275R102 99324 1541400 SH DEFINED 1344936 0 196464
CITIGROUP INC COM 172967101 1550 32625 SH DEFINED 4981 0 27644
COCA-COLA COMPANY COM 191216100 942 15200 SH DEFINED 8500 0 6700
COMPUTER ASSOCIATES INTL INC COM 204912109 18577 339309 SH DEFINED 297284 0 42025
CONSOLIDATED EDISON INC COM 209115104 412 9100 SH DEFINED 0 0 9100
COSTCO COMPANIES INC COM 22160Q102 360 4500 SH DEFINED 0 0 4500
EMC CORPORATION MASS COM 268648102 18052 328225 SH DEFINED 292533 0 35692
EASTMAN KODAK COMPANY COM 277461109 310 4575 SH DEFINED 0 0 4575
EL PASO ENERGY CORP COM 283905107 260 7380 SH DEFINED 0 0 7380
EMERSON ELECTRIC COMPANY COM 291011104 3641 57850 SH DEFINED 11295 0 46555
ENRON CORP COM 293561106 495 6060 SH DEFINED 0 0 6060
EQUITABLE RESOURCES INC COM 294549100 14592 386550 SH DEFINED 297224 0 89326
EXXON CORPORATION COM 302290101 3690 47841 SH DEFINED 6625 0 41216
FIFTH THIRD BANCORP COM 316773100 547 8212 SH DEFINED 0 0 8212
GTE CORP COM 362320103 3042 40288 SH DEFINED 10500 0 29788
GENERAL ELECTRIC CO COM 369604103 7491 66288 SH DEFINED 11885 0 54403
GENERAL MOTORS CORPORATION COM 370442105 383 5800 SH DEFINED 0 0 5800
GILLETTE COMPANY COM 375766102 20296 495013 SH DEFINED 420240 0 74773
HSB GROUP COM 40428N109 13303 322985 SH DEFINED 235624 0 87361
HERSHEY FOODS CORP COM 427866108 2091 35210 SH DEFINED 1075 0 34135
HEWLETT-PACKARD CO COM 428236103 48872 486289 SH DEFINED 398268 0 88021
HOME DEPOT INC COM 437076102 72320 1122324 SH DEFINED 915826 0 206498
HUBBELL INC CL A COM 443510102 19051 477777 SH DEFINED 356765 0 121012
HUBBELL INC CL B COM 443510201 3218 70928 SH DEFINED 8798 0 62130
ING GROEP NV ADR COM 456837103 547 9937 SH DEFINED 0 0 9937
INTEL CORP COM 458140100 112004 1882425 SH DEFINED 1446908 0 435517
INTERNATIONAL PAPER COM 460146103 691 13754 SH DEFINED 0 0 13754
JOHNSON & JOHNSON COM 478160104 40746 415774 SH DEFINED 322425 0 93349
KEYCORP (NEW) COM 493267108 396 12322 SH DEFINED 0 0 12322
LEGGETT & PLATT INC COM 524660107 30590 1099871 SH DEFINED 846067 0 253804
LONGS DRUG STORES INCORPORATED COM 543162101 14379 416019 SH DEFINED 362311 0 53708
LONGVIEW FIBRE COMPANY COM 543213102 255 16340 SH DEFINED 0 0 16340
LUCENT TECHNOLOGIES INC COM 549463107 250 3700 SH DEFINED 0 0 3700
MCDONALDS CORP COM 580135101 1373 33389 SH DEFINED 1440 0 31949
MEDTRONIC INC COM 585055106 27458 352588 SH DEFINED 301784 0 50804
MERCK & CO INC COM 589331107 34754 472035 SH DEFINED 412680 0 59355
MICROSOFT CORP COM 594918104 4344 48165 SH DEFINED 14690 0 33475
MOBIL CORP COM 607059102 1934 19580 SH DEFINED 3961 0 15619
NESTLE SA SPNSRD ADR REP RG SH COM 641069406 392 4350 SH DEFINED 0 0 4350
NORDSTROM INC COM 655664100 379 11320 SH DEFINED 0 0 11320
ORACLE CORP COM 68389X105 392 10570 SH DEFINED 0 0 10570
PG&E CORPORATION COM 69331C108 904 27869 SH DEFINED 0 0 27869
PPG INDUSTRIES COM 693506107 850 14396 SH DEFINED 0 0 14396
PACCAR INC COM 693718108 3881 72706 SH DEFINED 0 0 72706
PEPSICO INC COM 713448108 4304 111247 SH DEFINED 12780 0 98467
PFIZER INC COM 717081103 58981 541113 SH DEFINED 453210 0 87903
PHILIP MORRIS COMPANIES INC COM 718154107 446 11100 SH DEFINED 0 0 11100
PLUM CREEK TIMBER CO INC COM 729251108 0 22400 SH DEFINED 0 0 22400
POTLATCH CORPORATION COM 737628107 256 5820 SH DEFINED 0 0 5820
PRECISION CASTPARTS CORP COM 740189105 21312 501467 SH DEFINED 418869 0 82598
PROCTER & GAMBLE COMPANY COM 742718109 307 3435 SH DEFINED 0 0 3435
QUESTAR CORP COM 748356102 650 34010 SH DEFINED 14000 0 20010
REPUBLIC NEW YORK CORP COM 760719104 6030 88427 SH DEFINED 25850 0 62577
ROYAL DUTCH PETROLEUM CO PAR VALUE 1.25780257804 37004 614179 SH DEFINED 423520 0 190659
SBC COMMUNICATIONS INC COM 78387G103 2402 41414 SH DEFINED 5270 0 36144
SAFECO CORPORATION COM 786429100 1809 41000 SH DEFINED 0 0 41000
SARA LEE CORP COM 803111103 1179 51960 SH DEFINED 11400 0 40560
SCHERING PLOUGH CORP COM 806605101 310 5900 SH DEFINED 0 0 5900
SCHLUMBERGER LIMITED COM 806857108 861 13521 SH DEFINED 1465 0 12056
SCOTTS CO CL A COM 810186106 15231 319820 SH DEFINED 278577 0 41243
STATE STREET CORP COM 857477103 21157 247814 SH DEFINED 197957 0 49857
SUN MICROSYSTEMS INC COM 866810104 18356 266505 SH DEFINED 243721 0 22784
TRANSATLANTIC HOLDINGS INC COM 893521104 13001 173491 SH DEFINED 128351 0 45140
U S BANCORP DEL COM 902973106 3669 109918 SH DEFINED 9446 0 100472
UNILEVER PLC SPNSRD ADR NEW COM 904767704 378 10142 SH DEFINED 0 0 10142
U S WEST INC (NEW) COM 91273H101 735 12511 SH DEFINED 0 0 12511
UNITRIN INC. COM 913275103 18727 456767 SH DEFINED 354568 0 102199
WALGREEN CO COM 931422109 34308 1167917 SH DEFINED 805164 0 362753
WASHINGTON FEDERAL INC COM 938824109 15267 680440 SH DEFINED 327225 0 353215
WELLS FARGO & CO (NEW) COM 949746101 18384 430045 SH DEFINED 376450 0 53595
WEST PHARMACEUTICAL SVC INC COM 955306105 18234 464563 SH DEFINED 382081 0 82482
WESTVACO CORPORATION COM 961548104 255 8793 SH DEFINED 0 0 8793
WILLAMETTE INDS INC COM 969133107 1112 24145 SH DEFINED 0 0 24145
WRIGLEY WM JR CO COM 982526105 866 9708 SH DEFINED 1450 0 8258
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