UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
QUARTER ENDING:JUNE 30, 1999
Institutional Investment Manager Filing this report:
Name: BEUTEL, GOODMAN CAPITAL MANAGEMENT
Address: 5847 SAN FELIPE, SUITE 4500
HOUSTON, TEXAS 77057
13F File Number:28-2951
The institutional investment manager filing this report and the
person by whom it is signed here by 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, list and tables, are considered
integral parts of this form.
Person signing this report on behalf of Reporting Manager:
Name: Richard J. Andrews
Title: President
Phone: 713-260-1200
Signature, Place, and Date of signing:
Richard J. Andrews, Houston, Texas August 11, 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.
<PAGE>
FORM 13F SUMMARY PAGE
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 138
FORM 13F INFORMATION TABLE VALUE TOTAL: $1,116,813,000
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN DSCRETN MANAGERS SOLE SHARED NONE
ACX TECHNOLOGIES INC COM 005123104 1092 67190 SH SOLE 67190 0 0
ALBERTSONS INC COM 013104104 339 6583 SH SOLE 6583 0 0
ALCOA INC COM COM 013817101 588 9510 SH SOLE 9510 0 0
ALFA CORP COM COM 015385107 784 39205 SH SOLE 39205 0 0
ALLSTATE CORP COM 020002101 26455 737410 SH SOLE 737410 0 0
AMC ENTMT INC COM COM 001669100 1028 53395 SH SOLE 53395 0 0
AMERICAN GENERAL CORP COM 026351106 1165 15453 SH SOLE 15453 0 0
AMERICAN HOMESTAR CORP COM COM 026651109 512 74512 SH SOLE 74512 0 0
AMERICAN PWR CONVERSION CORP COM 029066107 37080 1842462 SH SOLE 1842462 0 0
AMERITECH CORP NEW COM COM 030954101 22853 310921 SH SOLE 310921 0 0
APARTMENT INVT & MGMT CO CL A COM 03748R101 638 14930 SH SOLE 14930 0 0
ARCHER DANIELS MIDLAND COM 039483102 159 10270 SH SOLE 10270 0 0
AT&T CORPORATION COM 001957109 830 14877 SH SOLE 14877 0 0
AVIALL INC NEW COM 05366B102 791 42030 SH SOLE 42030 0 0
AVIS RENT A CAR INC COM COM 053790101 744 25550 SH SOLE 25550 0 0
BAKER HUGHES INC COM 057224107 217 6480 SH SOLE 6480 0 0
BANK OF AMERICA COM 060505104 232 3160 SH SOLE 3160 0 0
BAXTER INTL INC COM COM 071813109 20713 341655 SH SOLE 341655 0 0
BELLWETHER EXPL CO COM NEW COM 079895207 735 133725 SH SOLE 133725 0 0
BLACK BOX CORP COM COM 091826107 469 9365 SH SOLE 9365 0 0
BLOCK H & R INC COM COM 093671105 244 4880 SH SOLE 4880 0 0
BOWATER INC COM COM 102183100 16821 355070 SH SOLE 355070 0 0
BURLINGTON RESOURCES INC COM COM 122014103 33932 784544 SH SOLE 784544 0 0
CARRIAGE SVCS INC CL A COM 143905107 1716 91805 SH SOLE 91805 0 0
CENTRIS GROUP INC COM COM 155904105 328 32440 SH SOLE 32440 0 0
CHAMPION INTERNATIONAL CORP COM 158525105 19961 416935 SH SOLE 416935 0 0
CHITTENDEN CORP COM COM 170228100 859 27485 SH SOLE 27485 0 0
CITIGROUP INC. COM 172967101 690 14522 SH SOLE 14522 0 0
CKE RESTAURANTS INC COM PAR $0 COM 12561E105 563 34660 SH SOLE 34660 0 0
COLUMBIA/HCA HEALTHCARE CORP O COM 197677107 12008 526397 SH SOLE 526397 0 0
COOPER CAMERON CORP COM COM 216640102 23851 643540 SH SOLE 643540 0 0
COVENANT TRANS INC CL A COM 22284P105 929 58990 SH SOLE 58990 0 0
CROMPTON & KNOWLES CORP COM 227111101 1126 57010 SH SOLE 57010 0 0
DALLAS SEMICONDUCTOR CORP COM COM 235204104 1508 29705 SH SOLE 29705 0 0
DANA CORP COM COM 235811106 24731 536892 SH SOLE 536892 0 0
DELCO REMY INTL INC COM 246626105 582 52930 SH SOLE 52930 0 0
DONNELLEY R R & SONS CO COM 257867101 19525 526805 SH SOLE 526805 0 0
DU PONT E I DE NEMOURS CO COM 263534109 306 4476 SH SOLE 4476 0 0
DUKE ENERGY CO COM COM 264399106 18333 336766 SH SOLE 336766 0 0
EDISON INTL COM COM 281020107 13302 497265 SH SOLE 497265 0 0
EDWARD A G INC COM 281760108 849 26330 SH SOLE 26330 0 0
EL PASO ENERGY CORP DEL COM 283905107 30666 871506 SH SOLE 871506 0 0
ELECTRONIC DATA SYSTEMS COM 285661104 36578 645971 SH SOLE 645971 0 0
ESTERLINE TECHNOLOGIES CORP CO COM 297425100 596 41490 SH SOLE 41490 0 0
ETEC SYS INC COM COM 26922C103 408 12275 SH SOLE 12275 0 0
EURO NEVADA MNG LTD COM 29870P100 167 14070 SH SOLE 14070 0 0
EXCEL LEGACY CORP COM COM 300665106 161 33970 SH SOLE 33970 0 0
FEDERAL MOGUL CORP COM COM 313549107 27660 531920 SH SOLE 531920 0 0
FEDERATED DEPARTMENT STORES NE COM 31410H101 32476 613480 SH SOLE 613480 0 0
FINL SEC ASSURN HLDGS LTD COM COM 31769P100 1248 24000 SH SOLE 24000 0 0
FIRST DATA CORP COM COM 319963104 38453 785759 SH SOLE 785759 0 0
FIRST SIERRA FINL INC COM COM 335944104 967 38680 SH SOLE 38680 0 0
FIRST UNION CORP COM 337358105 33941 720227 SH SOLE 720227 0 0
FORD MOTOR COM 345370100 775 13735 SH SOLE 13735 0 0
GATX CORP COM COM 361448103 1151 30250 SH SOLE 30250 0 0
GLOBAL INDS LTD COM COM 379336100 465 36320 SH SOLE 36320 0 0
GOODRICH B F CO COM COM 382388106 28330 666580 SH SOLE 666580 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 218 3700 SH SOLE 3700 0 0
GREAT LAKES CHEMICAL CORPORATI COM 390568103 595 12910 SH SOLE 12910 0 0
GTE CORP COM 362320103 43283 573280 SH SOLE 573280 0 0
HALLIBURTON COMPANY COM 406216101 1321 29185 SH SOLE 29185 0 0
HARLEYSVILLE GROUP INC COM COM 412824104 599 29200 SH SOLE 29200 0 0
HARTFORD FINANCIAL SERVICES COM 416515104 236 4040 SH SOLE 4040 0 0
HELEN OF TROY CORP COM COM G4388N106 794 44280 SH SOLE 44280 0 0
HERCULES INC COM COM 427056106 35585 905173 SH SOLE 905173 0 0
HEWLETT PACKARD CO COM 428236103 258 2570 SH SOLE 2570 0 0
HONEYWELL INC COM 438506107 470 4055 SH SOLE 4055 0 0
HOUSEHOLD INTL CORP COM 441815107 23075 487066 SH SOLE 487066 0 0
I B M COM 459200101 739 5718 SH SOLE 5718 0 0
INGERSOLL-RAND COMPANY COM 456866102 27150 420110 SH SOLE 420110 0 0
INTEL CORP COM 458140100 29884 502248 SH SOLE 502248 0 0
INTERNATIONAL PAPER CO COM 460146103 295 5880 SH SOLE 5880 0 0
INTERWEST BANCORP INC COM COM 460931108 657 26281 SH SOLE 26281 0 0
JONES APPAREL GROUP INC COM 480074103 345 10050 SH SOLE 10050 0 0
KELLWOOD CO COM COM 488044108 649 23940 SH SOLE 23940 0 0
KENNAMETAL INC COM 489170100 1171 37770 SH SOLE 37770 0 0
KING WORLD PRODTNS INC COM 495667107 375 10780 SH SOLE 10780 0 0
LEGGETT & PLATT INC COM 524660107 270 9710 SH SOLE 9710 0 0
LIFEPOINT HOSPS INC COM COM 53219L109 380 28253 SH SOLE 28253 0 0
LINCOLN NATL CORP IND COM 534187109 222 4240 SH SOLE 4240 0 0
LOCKHEED MARTIN CORP COM 539830109 2073 55662 SH SOLE 55662 0 0
M S CARRIERS INC COM COM 553533100 807 27205 SH SOLE 27205 0 0
MACMILLAN BLOEDEL LTD COM 554783209 1742 96755 SH SOLE 96755 0 0
MAIL-WELL INC COM COM 560321200 1459 90145 SH SOLE 90145 0 0
MARSH MCLENNAN COM 571748102 27925 368946 SH SOLE 368946 0 0
MBIA INC COM 55262C100 34266 529212 SH SOLE 529212 0 0
MEDICAL CARE INT COL CONV 7.00 CONVERTIBLE BOND 584505AB7 35 40000 PRN SOLE 40000 0 0
MELLON BANK CORP COM 585509102 1337 36760 SH SOLE 36760 0 0
MICHAEL FOODS INC NEW COM COM 594079105 847 36055 SH SOLE 36055 0 0
NATIONAL FUEL GAS CO N J COM COM 636180101 871 17950 SH SOLE 17950 0 0
NATIONAL SVC INDS INC COM 637657107 592 16450 SH SOLE 16450 0 0
NEW PLAN EXCEL REALTY TRUST, I COM 648053106 1042 57888 SH SOLE 57888 0 0
NEWBRIDGE NETWORKS CORP COM COM 650901101 24733 860280 SH SOLE 860280 0 0
NEWELL RUBBERMAID INC. COM 651229106 19817 427320 SH SOLE 427320 0 0
NORTHWESTERN CORP COM COM 668074107 677 27975 SH SOLE 27975 0 0
OCEAN ENERGY INC. COM 67481E106 563 58460 SH SOLE 58460 0 0
PACKAGED ICE INC COM COM 695148106 394 66285 SH SOLE 66285 0 0
PALL CORP COM 696429307 22173 999326 SH SOLE 999326 0 0
PARKER HANNIFIN CORP COM 701094104 210 4580 SH SOLE 4580 0 0
PAUL HARRIS STORES INC COM NEW COM 703555201 574 84320 SH SOLE 84320 0 0
PHILLIPS PETROLEUM COMPANY COM 718507106 2165 43040 SH SOLE 43040 0 0
POPE & TALBOT INC COM COM 732827100 860 71260 SH SOLE 71260 0 0
PROFESSIONALLY MANAGED PTFLSLI MUTUAL FUNDS 742935794 145 12810 SH SOLE 12810 0 0
PXRE CORP COM COM 693674103 274 15095 SH SOLE 15095 0 0
QLT PHOTOTHERAPEUTICS INC COM COM 746927102 1080 19640 SH SOLE 19640 0 0
QUANEX CORP COM COM 747620102 1293 45380 SH SOLE 45380 0 0
QUANTUM CORP 7.00% OF 08/01/04 CONVERTIBLE BOND 747906AC9 573 615000 PRN SOLE 615000 0 0
R & B FALCON CORP COM COM 74912E101 189 20120 SH SOLE 20120 0 0
RITCHIE BROTHERS AUCTIONEERS COM 767744105 535 14020 SH SOLE 14020 0 0
ROCKWELL INTL CORP NEW COM COM 773903109 208 3420 SH SOLE 3420 0 0
ROYAL DUTCH PETRO-NY SHARES COM 780257804 24546 407399 SH SOLE 407399 0 0
SBC COMMUNICATIONS, INC COMMON COM 78387G103 1005 17320 SH SOLE 17320 0 0
SCHOLASTIC CORP COM COM 807066105 492 9710 SH SOLE 9710 0 0
SEQUENT COMPUTER SYS INC COM COM 817338106 575 32375 SH SOLE 32375 0 0
SHARED MED SYS CORP COM COM 819486101 234 3580 SH SOLE 3580 0 0
SIERRA PAC RES COM 826425100 697 19160 SH SOLE 19160 0 0
SLM HLDG CORP COM COM 78442A109 45485 992849 SH SOLE 992849 0 0
SOUTHERN CO COM 842587107 1463 55225 SH SOLE 55225 0 0
SPECTRAL DIAGNOSTICS INC COM COM 847574100 37 29400 SH SOLE 29400 0 0
ST JUDE MEDICAL CENTER INC COM 790849103 280 7850 SH SOLE 7850 0 0
ST PAUL COS INC COM 792860108 310 9750 SH SOLE 9750 0 0
STERLING BANCSHARES INC COM COM 858907108 586 43820 SH SOLE 43820 0 0
STOLT COMEX SEAWAY S A ADR SPO COM 861567105 189 17580 SH SOLE 17580 0 0
SYSCO CORPORATION COM 871829107 28500 955964 SH SOLE 955964 0 0
TELEFLEX INC COM COM 879369106 1214 27955 SH SOLE 27955 0 0
TENET HEALTH CARE COM 88033G100 16640 896427 SH SOLE 896427 0 0
TEXAS INSTRUMENTS INC COM 882508104 1545 10730 SH SOLE 10730 0 0
THE CHASE MANHATTEN CORPORATIO COM 16161A108 1246 14400 SH SOLE 14400 0 0
TRIAD HOSPS INC COM COM 89579K109 381 28253 SH SOLE 28253 0 0
UNIGRAPHICS SOLUTIONS INC CL A COM 904928108 585 31100 SH SOLE 31100 0 0
WAL MART STORES INC COM 931142103 299 6200 SH SOLE 6200 0 0
WARNACO GROUP INC CL A COM 934390105 31469 1176410 SH SOLE 1176410 0 0
WASTE MANAGEMENT INC COM 94106L109 36399 677198 SH SOLE 677198 0 0
WEATHERFORD INTERNATIONAL COM 947074100 23147 632013 SH SOLE 632013 0 0
WEBSTER FINL CORP WATERBURY CO COM 947890109 770 28395 SH SOLE 28395 0 0
WELLS FARGO NEW COM 949746101 457 10690 SH SOLE 10690 0 0
WHIRLPOOL CORP COM 963320106 35873 484775 SH SOLE 484775 0 0
WILLIAMS CO COM 969457100 729 17130 SH SOLE 17130 0 0
</TABLE>
