UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: Mesirow Asset Management
Address: 350 North Clark Street
Chicago, IL 60610
13F File Number:
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: Mark F. Toledo
Title: Executive Vice President
Phone: 312-595-6780
Signature, Place, and Date of Signing:
Mark F. Toledo Chicago, Illinois May 14, 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: 0
Form 13F Information Table Entry Total: 133
Form 13F Information Table Value Total: $234,424
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<TABLE>
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
<C> <C>
D ABBOTT LABORATORIES COM 002824100 393 8400 SH SOLE 1600 6800
D AIRTOUCH COMM INC COM 00949t100 309 3200 SH SOLE 3200
D ALBERTSONS INCORPORATED COM 013104104 1981 36390 SH SOLE 550 2240 33600
D ALLSTATE CORP COM 020002101 342 9218 SH SOLE 2450 6768
D AMCOL INTERNATLl CORP COM 02341w103 580 58000 SH SOLE 53600 1600 2800
D AMERICAN EXPRESS COMPANY COM 025816109 283 2400 SH SOLE 2400
D AMERITECH CORP NEW COM 030954101 8707 151091 SH SOLE 72440 7180 71471
D AT&T CORP COM 001957109 633 7937 SH SOLE 7937
D ATLANTIC RICHFIELD CO COM 048825103 1082 14800 SH SOLE 14800
D BANK OF AMERICA CORP COM 060505104 214 3036 SH SOLE 3036
D BANK ONE CORP COM 06423a103 541 9824 SH SOLE 9824
D BE AEROSPACE INC COM 073302101 302 20500 SH SOLE 19400 1100
D BECTON DICKINSON & CO COM 075887109 2740 71510 SH SOLE 38560 3555 29395
D BELL ATLANTIC CORP COM 077853109 275 5314 SH SOLE 5314
D BELLSOUTH CORP COM 079860102 295 7368 SH SOLE 7368
D BP AMOCO PLC SPONS ADR F COM 055622104 3348 33148 SH SOLE 963 32185
D BRADLEY REAL ESTATE INC COM 104580105 594 33250 SH SOLE 31800 1450
D BRISTOL MYERS SQUIBB CO COM 110122108 8723 136030 SH SOLE 60650 2990 72390
D BURLINGTON RESOURCES INC COM 122014103 1582 39600 SH SOLE 31765 2885 4950
D C & D TECH INC COM 124661109 699 28100 SH SOLE 26500 1600
D CANADIAN NATL RY CO F COM 136375102 2827 50825 SH SOLE 400 50425
D CARNIVAL CORP COM 143658102 8324 171400 SH SOLE 83560 6915 80925
D CASEYS GENL STORES INC COM 147528103 206 14000 SH SOLE 14000
D CHASE MANHATTAN CORP NEW COM 16161a108 6067 74551 SH SOLE 32525 2825 39201
D CITIGROUP INC COM 172967101 694 10860 SH SOLE 4521 6339
D CLAYTON HOMES INC COM 184190106 2041 184469 SH SOLE 139254 3375 41840
D CMAC INVT CORP COM 125662106 413 10600 SH SOLE 10100 500
D COCA-COLA COMPANY COM 191216100 361 5883 SH SOLE 300 5583
D COMPUTER ASSOC INTL INC COM 204912109 5179 145620 SH SOLE 67045 4975 73600
D CORNING INC COM 219350105 480 8000 SH SOLE 8000
D DALLAS SEMICONDUCTOR CORP COM 235204104 593 15350 SH SOLE 14650 700
D DOW CHEMICAL COMPANY COM 260543103 223 2398 SH SOLE 2398
D DU PONT E.I.DE NEMOUR&CO COM 263534109 232 4000 SH SOLE 400 3600
D EASTGROUP PPTYS INC COM 277276101 397 24650 SH SOLE 23450 1200
D ECI TELECOM LTD ORD F COM 268258100 1779 50835 SH SOLE 33440 750 16645
D EMERSON ELECTRIC CO COM 291011104 2291 43280 SH SOLE 1800 700 40780
D EMPI INC COM 291586105 675 31225 SH SOLE 29025 800 1400
D EVEREST REINS HLDGS INC COM 299808105 3065 98280 SH SOLE 36345 4265 57670
D EXXON CORP COM 302290101 1073 15200 SH SOLE 15200
D FANNIE MAE VOTING SHARES COM 313586109 4881 70489 SH SOLE 31990 4510 33989
D FEDERAL RLTY INVT TR SBI COM 313747206 2310 109010 SH SOLE 62700 2170 44140
D FOOD LION INC CLASS A COM 344775200 1649 179200 SH SOLE 133015 11750 34435
D GANNETT CO INC DEL COM 364730101 6561 104150 SH SOLE 57645 2460 44045
D GENERAL ELECTRIC CO COM 369604103 4213 38084 SH SOLE 1400 36684
D GENERAL MOTORS CORP COM 370442105 607 6975 SH SOLE 6975
D GENERAL MOTORS CORP NEW CL H COM 370442832 639 12660 SH SOLE 150 12510
D GILLETTE CO COM 375766102 886 14900 SH SOLE 500 14400
D HA-LO INDS INC COM 404429102 140 11362 SH SOLE 11362
D HALLIBURTON COMPANY COM 406216101 1702 44205 SH SOLE 36255 4330 3620
D HEALTH CARE PROPERTY INVESTORS COM 421915109 2060 71656 SH SOLE 18700 2575 50381
D HEALTHCARE SVCS GROUP COM 421906108 425 44700 SH SOLE 42300 2400
D HOME DEPOT INC COM 437076102 227 3650 SH SOLE 3650
D HON INDUSTRIES INC COM COM 438092108 531 24200 SH SOLE 22300 700 1200
D I T L A CAPITAL CORP COM 450565106 537 37050 SH SOLE 34250 1000 1800
D ILLINOIS TOOL WORKS INC COM 452308109 6141 99245 SH SOLE 50375 7925 40945
D IMAGE ENTERTMNT INC NEW COM 452439201 88 15000 SH SOLE 15000
D IMATRON INC COM 452906100 11 10750 SH SOLE 10750
D INGERSOLL-RAND COMPANY COM 456866102 5249 105770 SH SOLE 47185 3790 54795
D INTL BUSINESS MACH CORP COM 459200101 6991 39442 SH SOLE 12410 2968 24064
D INTL HOME FOODS INC COM 459655106 773 48100 SH SOLE 44400 1300 2400
D JOHNSON & JOHNSON COMMON COM 478160104 8165 87325 SH SOLE 40725 5735 40865
D LANDS END INC COM 515086106 429 12400 SH SOLE 11800 600
D LOWES COMPANIES INC COM 548661107 8404 138915 SH SOLE 62190 7705 69020
D LSI INDUSTRIES INC COM 50216c108 359 21300 SH SOLE 20300 1000
D LUCENT TECHNOLOGIES INC COM 549463107 259 2396 SH SOLE 300 2096
D MCDONALDS CORP COM 580135101 243 5360 SH SOLE 800 4560
D MCI WORLDCOM INC COM 55268b106 717 8100 SH SOLE 8100
D MERCK & CO INC COM 589331107 1346 16800 SH SOLE 2050 14750
D MGIC INVESTMENT CORP COM 552848103 3527 100585 SH SOLE 49395 3225 47965
D MICHAEL FOODS INC NEW COM 594079105 523 27425 SH SOLE 25825 600 1000
D MICHAELS STORES INC COM 594087108 531 21500 SH SOLE 19900 600 1000
D MICROSOFT CORP COM 594918104 389 4340 SH SOLE 2740 1600
D MINNTECH CORP COM 604258103 559 44300 SH SOLE 41500 1000 1800
D MORGAN J P & CO INC COM 616880100 508 4116 SH SOLE 200 3916
D MORGAN STANLEY DEAN WITTER & C COM 617446448 4181 41836 SH SOLE 41836
D MORRISON KNUDSEN CRP NEW COM 61844a109 436 43900 SH SOLE 41100 2800
D MOTOROLA INCORPORATED COM 620076109 851 11615 SH SOLE 7625 200 3790
D NEWELL RUBBERMAID INC COM 651229106 3284 69135 SH SOLE 25210 2830 41095
D NORTHERN TRUST CORP COM 665859104 462 5200 SH SOLE 1200 4000
D ORACLE CORP COM 68389x105 3286 124603 SH SOLE 76910 10012 37680
D PARKVALE FINANCIAL CORP COM 701492100 239 11294 SH SOLE 10544 750
D PFIZER INCORPORATED COM 717081103 472 3400 SH SOLE 250 3150
D PHILA CONS HLDG CORP COM 717528103 586 29100 SH SOLE 26800 700 1600
D PHILIP MORRIS COS INC COM 718154107 5103 145025 SH SOLE 77095 6675 61255
D PROVIDIAN FINL CORP COM 74406a102 792 7200 SH SOLE 7200
D QUAKER CHEMICAL CORP COM 747316107 277 19600 SH SOLE 18200 500 900
D QUESTAR CORP COM 748356102 280 16550 SH SOLE 4700 11850
D RARE HOSPITALITY INTL COM 753820109 623 45300 SH SOLE 42100 1200 2000
D RELIASTAR FINL CORP COM 75952u103 4537 106440 SH SOLE 43165 7380 55895
D REXALL SUNDOWN INC COM 761648104 198 10300 SH SOLE 10300
D SBC COMMUNICATIONS INC COM 78387g103 481 10184 SH SOLE 550 9634
D SCHERING PLOUGH CORP COM 806605101 642 11616 SH SOLE 11616
D SCHLUMBERGER LTD E COM 806857108 2446 40635 SH SOLE 1200 1095 38340
D SERVICEMASTER CO COM 81760n109 297 14625 SH SOLE 14625
D SMITHKLINE BEECHAM PLC F ADR R COM 832378301 259 3616 SH SOLE 3616
D STANDARD & POORS DEP RCPTS BOO COM 78462f103 239 1860 SH SOLE 1200 660
D STERLING FINL CORP WASH COM 859319105 522 33700 SH SOLE 32100 1600
D STRATTEC SEC CORP COM 863111100 614 21825 SH SOLE 20225 600 1000
D SUN MICROSYSTEMS INC COM 866810104 6463 51680 SH SOLE 21465 3985 26230
D Successories Inc. COM 864591102 50 20000 SH SOLE 20000
D T J INTL INC COM 872534102 495 20525 SH SOLE 18725 600 1200
D TRANSPORT CORP AMERICA INC COM 89385p102 438 38100 SH SOLE 35100 900 2100
D TRINET CORP RLTY TR INC COM 896287109 3132 123440 SH SOLE 51350 6070 66020
D TURBOCHEF TECHNOLOGIES INC COM 900006107 99 10000 SH SOLE 10000
D UNIFIRST CORP COM 904708104 481 22750 SH SOLE 20650 600 1500
D UNION PACIFIC CORP COM 907818108 214 4000 SH SOLE 4000
D USFREIGHTWAYS CORP COM 916906100 2285 69505 SH SOLE 61870 4005 3630
D VULCAN MATERIALS COMPANY COM 929160109 2117 51255 SH SOLE 37305 4125 9825
D WALGREEN COMPANY COM 931422109 1085 38402 SH SOLE 2060 36342
D WARNER LAMBERT COMPANY COM 934488107 238 3600 SH SOLE 3600
D WASH RL EST INV TR SBI COM 939653101 165 10125 SH SOLE 10125
D WENDYS INTL INC COM 950590109 250 8800 SH SOLE 6500 2300
D XEROX CORP COM 984121103 3073 58946 SH SOLE 1125 57821
D ACORN INVT TR INTL FD 004851200 318 15114.712SH SOLE 15114.712
D AMERICAN CENTY INCOME & GROWTH 02507m303 673 22689.374SH SOLE 22689.374
D BARON ASSET FD SH BEN INT 068278100 966 17824.499SH SOLE 17824.499
D EURO PACIFIC GROWTH FD SBI 298706102 1100 36408.580SH SOLE 36408.580
D FIDELITY ADVISOR SR II GROWTH 315807206 314 6333.901 SH SOLE 6333.901
D IDEX SER FD JCC GLOBAL CL A 45168c403 1070 36670.334SH SOLE 36670.334
D INVESTMENT CO AMERICA 461308108 228 7246.454 SH SOLE 7246.454
D IVY INTL FD SH BEN INT 465903102 2003 47261.647SH SOLE 47261.647
D JANUS INVT FD TWENTY FUND SBI 471023408 704 10727.567SH SOLE 10727.567
D SKYLINE FD SPL EQ PORT 830833208 5770 330845.417SH SOLE 4722.951326122.466
D SKYLINE FDS SMALL CAP VALUE PL 830833406 1657 161065.906SH SOLE 161065.906
D SOGEN FD INC INTL 834058505 252 11017.138SH SOLE 11017.138
D TEMPLETON FUNDS INC WORLD FUND 880196100 272 16449.053SH SOLE 16449.053
D THIRD AVE VALUE FD INC 884116104 257 8687.938 SH SOLE 8687.938
D TWEEDY BROWNE FD INC GLOBAL VA 901165100 5270 291489.850SH SOLE 291489.850
D VAN KAMPEN VALUE FUND CL A 921133617 149 15804.498SH SOLE 15804.498
D VANGUARD INDEX TR 500 PORTFOLI 922908108 3940 33134.327SH SOLE 1614.49931519.828
D VANGUARD INDEX TR VALUE PORTFO 922908405 505 22601.105SH SOLE 22601.105
D VANGUARD/WINDSOR FD INC VANGUA 922018205 280 9185.637 SH SOLE 9185.637
D SKYLINE GROWTH FD LLC 13882 222.50 SH SOLE 222.50
S REPORT SUMMARY 133 DATA RECORDS 234424 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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