United States
Securities and Exchange Commission
Washington, D.C. 20549
Form 13F
Form 13 F Cover Page
QUARTER ENDING: DECEMBER 31, 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 October 15, 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: 127
FORM 13F INFORMATION TABLE VALUE TOTAL: $611,702,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
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<TABLE> <C> <C>
Beutel, Goodman Capital Management Page 1
Run Date: 02/01/00 1:42P.M.
13F Information Table
AS OF 12/31/99
VALUE SHARES/ SH/
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN
- ------------------------------ ---------------- --------- -------- -------- ---
ALCOA INC COM COM 013817101 374 4510 SH
ALFA CORP COM COM 015385107 200 12245 SH
ALLSTATE CORP COM 020002101 272 11290 SH
AMERICAN GENERAL CORP COM 026351106 550 7253 SH
AMERICAN PWR CONVERSION CORP COM 029066107 29912 1134102 SH
AMERISOURCE HEALTH CORP CL A COM 03071P102 303 19970 SH
APACHE CORP COM 037411105 265 7170 SH
AT&T CORPORATION COM 001957109 775 15247 SH
BANK NEW YORK INC COM 064057102 213 5330 SH
BANK OF AMERICA COM 060505104 277 5520 SH
BAXTER INTL INC COM COM 071813109 20262 322575 SH
BELLWETHER EXPL CO COM NEW COM 079895207 66 13700 SH
BESTFOODS COM COM 08658U101 493 9370 SH
BLACK BOX CORP COM COM 091826107 246 3665 SH
BLOCK H & R INC COM COM 093671105 214 4880 SH
BOWATER INC COM COM 102183100 11544 212550 SH
BURLINGTON RESOURCES INC COM COM 122014103 16091 486683 SH
CABLE DESIGN TECHN CORP COM COM 126924109 254 11060 SH
CARRIAGE SVCS INC CL A COM 143905107 142 23895 SH
CATO CORP NEW CL A COM 149205106 231 18300 SH
CENTRAL NEWSPAPERS INC CL A COM 154647101 323 8210 SH
CHAMPION INTERNATIONAL CORP COM 158525105 15598 251840 SH
CHITTENDEN CORP COM COM 170228100 298 10065 SH
CITIGROUP INC. COM 172967101 1030 18492 SH
CITY NATL CORP COM COM 178566105 598 18155 SH
CNF TRANSN INC COM COM 12612W104 225 6530 SH
COLUMBIA/HCA HEALTHCARE CORP O COM 197677107 9966 339994 SH
COOPER CAMERON CORP COM COM 216640102 18752 383192 SH
CULLEN FROST BANKERS INC COM COM 229899109 300 11660 SH
DALLAS SEMICONDUCTOR CORP COM COM 235204104 227 3525 SH
DANA CORP COM COM 235811106 10135 338532 SH
DEAN FOODS CO COM COM 242361103 299 7530 SH
DOLLAR THRIFTY AUTOMOTIVE GRCO COM 256743105 225 9400 SH
DONNELLEY R R & SONS CO COM 257867101 14208 572616 SH
DU PONT E I DE NEMOURS CO COM 263534109 545 8268 SH
DUKE ENERGY CO COM COM 264399106 16795 335067 SH
DUKE RLTY INVTS INC COM NEW COM 264411505 752 38570 SH
EASTMAN KODAK COM 277461109 220 3320 SH
EDISON INTL COM COM 281020107 18845 719615 SH
EL PASO ENERGY CORP DEL COM 283905107 20905 538618 SH
ELECTRONIC DATA SYSTEMS COM 285661104 15476 231196 SH
ENGELHARD CORP COM 292845104 267 14170 SH
ETEC SYS INC COM COM 26922C103 205 4570 SH
EXXON CORPORATION COM 30231G102 8737 108445 SH
FEDERATED DEPARTMENT STORES NE COM 31410H101 20231 400111 SH
FINL SEC ASSURN HLDGS LTD COM COM 31769P100 441 8470 SH
FIRST DATA CORP COM 319963104 23403 474579 SH
FIRST UNION CORP COM 337358105 14583 442735 SH
FORD MOTOR COM 345370100 510 9570 SH
FRANCO NEV MNG LTD COM 351860101 196 12870 SH
GALLAGHER ARTHUR J & CO COM COM 363576109 397 6130 SH
GANNETT INC DEL COM 364730101 13913 170585 SH
GATX CORP COM COM 361448103 869 25740 SH
GLOBAL INDS LTD COM COM 379336100 236 27310 SH
GOODRICH B F CO COM COM 382388106 10879 395590 SH
GTE CORP COM 362320103 24131 341984 SH
HALLIBURTON COMPANY COM 406216101 666 16535 SH
HARTFORD FINANCIAL SERVICES COM 416515104 599 12650 SH
HERCULES INC COM COM 427056106 15756 565248 SH
HONEYWELL INTERNATIONAL, INC. COM 438516106 506 8774 SH
HOUSEHOLD INTL CORP COM 441815107 17176 461100 SH
I B M COM 459200101 681 6310 SH
INGERSOLL-RAND COMPANY COM 456866102 15434 280301 SH
INTEL CORP COM 458140100 14908 181111 SH
INTERNATIONAL PAPER CO COM 460146103 512 9080 SH
JONES APPAREL GROUP INC COM 480074103 642 23660 SH
KELLWOOD CO COM COM 488044108 202 10390 SH
KENNAMETAL INC COM 489170100 296 8795 SH
KIMBERLY CLARK CORP COM 494368103 338 5160 SH
LEAR CORP COM COM 521865105 290 9070 SH
LEGGETT & PLATT INC COM 524660107 208 9710 SH
M S CARRIERS INC COM COM 553533100 236 9905 SH
MAIL-WELL INC COM COM 560321200 376 27880 SH
MALLINCKRODT INC NEW COM COM 561232109 291 9140 SH
MARSH MCLENNAN COM 571748102 21151 221041 SH
MBIA INC COM 55262C100 16925 320482 SH
MELLON FINL CORP COM 58551A108 883 25920 SH
MGIC INVT CORP WIS COM 552848103 13411 222825 SH
MICHAEL FOODS INC NEW COM COM 594079105 326 13235 SH
MINNESOTA MNG & MFG CO COM 604059105 201 2050 SH
NATIONAL FUEL GAS CO N J COM COM 636180101 251 5390 SH
NEW JERSEY RES CORP COM COM 646025106 282 7210 SH
NEW PLAN EXCEL REALTY TRUST, I COM 648053106 160 10150 SH
NORTHWESTERN CORP COM COM 668074107 208 9448 SH
NUCOR CORP COM 670346105 15196 277240 SH
OCEAN ENERGY INC. COM 67481E106 143 18420 SH
PACKAGED ICE INC COM COM 695148106 75 23230 SH
PALL CORP COM 696429307 16533 766770 SH
PARKER HANNIFIN CORP COM 701094104 369 7190 SH
PHARMACEUTICAL PROD DEV INC CO COM 717124101 340 28650 SH
PHILLIPS PETROLEUM COMPANY COM 718507106 2322 49405 SH
POPE & TALBOT INC COM COM 732827100 401 25045 SH
QLT PHOTOTHERAPEUTICS INC COM COM 746927102 435 7400 SH
QUANEX CORP COM COM 747620102 415 16260 SH
RADIAN GROUP INC COM COM 750236101 225 4710 SH
RALSTON PURINA CO COM COM 751277302 254 9100 SH
REPUBLIC SVCS INC CL A COM 760759100 1241 87110 SH
ROYAL DUTCH PETRO-NY SHARES COM 780257804 4211 69530 SH
SBC COMMUNICATIONS, INC COMMON COM 78387G103 13426 275405 SH
SHAW INDS INC COM COM 820286102 218 14040 SH
SIERRA PAC RES NEW COM COM 826428104 587 33811 SH
SIMPSON MFG INC COM COM 829073105 302 6910 SH
SINCLAIR BROADCAST GRP INC CL COM 829226109 339 27790 SH
SKYWEST INC COM COM 830879102 329 11758 SH
SLM HLDG CORP COM COM 78442A109 13773 325988 SH
SOUTHERN CO COM 842587107 1544 65700 SH
SOUTHTRUST CORP COM 844730101 14960 395645 SH
SPECTRAL DIAGNOSTICS INC COM COM 847574100 22 21700 SH
ST PAUL COS INC COM 792860108 830 24630 SH
SYSCO CORPORATION COM 871829107 380 9608 SH
TELEFLEX INC COM COM 879369106 308 9845 SH
TEXAS INSTRUMENTS INC COM 882508104 525 5438 SH
THE CHASE MANHATTEN CORPORATIO COM 16161A108 626 8060 SH
TIMES MIRROR CO NEW COM A COM 887364107 679 10130 SH
U S TR CORP NEW COM COM 91288L105 204 2550 SH
UNIGRAPHICS SOLUTIONS INC CL A COM 904928108 303 11225 SH
UNITED TECHNOLOGIES CORP COM 913017109 324 4980 SH
UNUMPROVIDENT CORP COM COM 91529Y106 436 13595 SH
WAL MART STORES INC COM 931142103 325 4700 SH
WARNACO GROUP INC CL A COM 934390105 6843 555791 SH
WASHINGTON MUT INC COM COM 939322103 9729 376009 SH
WASTE MANAGEMENT INC COM 94106L109 10836 630485 SH
WEATHERFORD INTERNATIONAL COM 947074100 317 7940 SH
WEBSTER FINL CORP WATERBURY CO COM 947890109 247 10495 SH
WELLS FARGO NEW COM 949746101 369 9130 SH
WHIRLPOOL CORP COM 963320106 19797 304276 SH
WILLIAMS CO COM 969457100 645 21090 SH
LINE COUNT: 127
</TABLE>
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DAIN RAUSCHER
DISCRETIONARY OWNERSHIP FOR 13F
AS OF DATE: 12/31/99
NAME TITLE FAIR SHARES OR
OF OF CUSIP MARKET PRINCIPAL SOLE SHARED
ISSUER CLASS NUMBER VALUE AMOUNT (A) (B)
- ---------------------- ------ ---------- -------------- ------------ ----- ---
AMERICAN PWR CONVERSI COMMON 029066107 897,014 34,010 X
BAXTER INTL INC COM COMMON 071813109 672,099 10,700 X
BOWATER INC COMMON 102183100 388,881 7,160 X
BURLINGTON RESOURCES COMMON 122014103 498,359 15,073 X
CHAMPION INTL CORP COMMON 158525105 497,982 8,040 X
COLUMBIA / HCA HEALTH COMMON 197677107 382,974 13,065 X
COOPER CAMERON CORP COMMON 216640102 647,450 13,230 X
DANA CORP COMMON 235811106 309,858 10,350 X
DONNELLEY R R & SONS COMMON 257867101 470,454 18,960 X
DUKE PWR CO COMMON 264399106 520,297 10,380 X
EDISON INTL COMMON 281020107 612,537 23,390 X
EL PASO ENERGY CORP COMMON 283905107 660,209 17,010 X
ELECTRONIC DATA SYS C COMMON 285661104 457,187 6,830 X
FEDERATED DEPT STORES COMMON 31410H101 661,364 13,080 X
FIRST DATA CORP COM COMMON 319963104 800,843 16,240 X
FIRST UNION CORP COMMON 337358105 433,135 13,150 X
GANNETT INC DEL COMMON 364730101 495,495 6,075 X
GOODRICH B F CO COMMON 382388106 371,525 13,510 X
GTE CORP COMMON 362320103 816,414 11,570 X
HERCULES INC COMMON 427056106 497,290 17,840 X
HOUSEHOLD INTL CORP COMMON 441815107 511,442 13,730 X
INGERSOLL-RAND COMPAN COMMON 456866102 472,991 8,590 X
INTEL CORP COMMON 458140100 411,236 4,996 X
MARSH MCLENNAN COMMON 571748102 692,972 7,242 X
MBIA INC COMMON 55262C100 517,145 9,792 X
MGIC INVT CORP WIS CO COMMON 552848103 450,808 7,490 X
NUCOR CORP COMMON 670346105 494,961 9,030 X
PALL CORP COMMON 696429307 531,097 24,630 X
ROYAL DUTCH PETRO-NY COMMON 780257804 352,174 5,815 X
SBC COMMNS INC COMMON 78387G103 390,439 8,009 X
SLM HLDG CORP COM COMMON 78442A109 466,440 11,040 X
SOUTHTRUST CORP COMMON 844730101 463,966 12,270 X
WARNACO GROUP INC CL COMMON 934390105 251,431 20,420 X
WASHINGTON MUT INC COMMON 939322103 310,500 12,000 X
WASTE MANAGEMENT INC COMMON 94106L109 331,385 19,280 X
WHIRLPOOL CORP COMMON 963320106 628,509 9,660 X
TOTAL 18,368,863
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<TABLE> <C> <C>
FIRST UNION SECURITIES, CHICAGO
DESCRETIONARY OWNERSHIP FOR 13F
AS OF DATE: 12/31/99
NAME TITLE FAIR SHARES OR
OF OF CUSIP MARKET PRINCIPAL SOLE SHARE
ISSUER CLASS NUMBER VALUE AMOUNT (A) (B
- ---------------------- ------ ---------- -------------- ------------ ----- ---
AMERICAN PWR CONVERSI COMMON 029066107 775,689 29,410 X X
BAXTER INTL INC COM COMMON 071813109 599,608 9,546 X X
BOWATER INC COMMON 102183100 344,341 6,340 X X
BURLINGTON RESOURCES COMMON 122014103 460,329 13,923 X X
CHAMPION INTERNATIONA COMMON 158525105 449,666 7,260 X X
COLUMBIA/HCA HLTHCRE COMMON 197677107 267,477 9,125 X X
COOPER CAMERON CORP COMMON 216640102 591,654 12,090 X X
DANA CORP COMMON 235811106 268,240 8,960 X X
DONNELLEY R R & SONS COMMON 257867101 384,098 15,480 X X
DUKE PWR CO COMMON 264399106 465,611 9,289 X X
EDISON INTERNATIONAL COMMON 281020107 522,441 19,950 X X
EL PASO ENERGY CORP D COMMON 283905107 607,416 15,650 X X
ELECTRONIC DATA SYSTE COMMON 285661104 409,992 6,125 X X
EXXON CORPORATION COMMON 30231G102 302,915 3,760 X
FEDERATED DEPARTMENT COMMON 31410H101 602,199 11,910 X X
FIRST DATA CORP COM COMMON 319963104 672,622 13,640 X X
FIRST UNION CORP COMMON 337358105 393,932 11,960 X X
GANNETT INC DEL COMMON 364730101 426,572 5,230 X X
GOODRICH B F CO COMMON 382388106 319,825 11,630 X X
GTE CORP COMMON 362320103 716,562 10,155 X X
HERCULES INC COMMON 427056106 403,073 14,460 X X
HOUSEHOLD INTL CORP COMMON 441815107 424,277 11,390 X X
INGERSOLL-RAND COMPAN COMMON 456866102 381,033 6,920 X X
INTEL CORP COMMON 458140100 376,415 4,573 X X
MARSH MCLENNAN COMMON 571748102 597,951 6,249 X X
MBIA INC COMMON 55262C100 457,462 8,662 X X
MGIC INVT CORP WIS CO COMMON 552848103 394,830 6,560 X X
NUCOR CORP COMMON 670346105 460,425 8,400 X X
PALL CORP COMMON 696429307 447,012 20,731 X X
ROYAL DUTCH PETRO-NY COMMON 780257804 282,827 4,670 X X
SBC COMMUNICATIONS IN COMMON 78387G103 500,516 10,267 X X
SLM HLDG CORP COM COMMON 78442A109 398,417 9,430 X X
SOUTHTRUST CORP COMMON 844730101 429,928 11,370 X X
WARNACO GROUP INC CL COMMON 934390105 199,462 16,200 X X
WASHINGTON MUT INC COMMON 939322103 265,219 10,250 X X
WASTE MANAGEMENT INC COMMON 94106L109 273,109 15,890 X X
WHIRLPOOL CORP COMMON 963320106 543,922 8,360 X X
TOTAL 16,417,070
</TABLE>
<TABLE> <C> <C>
BT ALEX. BROWN
DISCRETIONARY OWNERSHIP FOR 13F
DATE AS OF: 12/31/99
NAME TITLE FAIR SHARES OR
OF OF CUSIP MARKET PRINCIPAL
ISSUER CLASS NUMBER VALUE AMOUNT
- ------------------------------- ------ ---------- -------------- ------------
AMERICAN PWR CONVERSION CORP COMMON 029066107 45,365 1,720
BAXTER INTL INC COM COMMON 071813109 23,869 380
BOWATER INC COM COMMON 102183100 14,664 270
BURLINGTON RESOURCES INC COMMON 122014103 19,507 590
CHAMPION INTERNATIONAL CORP COMMON 158525105 19,820 320
COOPER CAMERON CORP COMMON 216640102 25,447 520
DANA CORP COM COMMON 235811106 13,173 440
DONNELLEY R R & SONS CO COMMON 257867101 18,858 760
DUKE PWR CO COMMON 264399106 20,050 400
EDISON INTERNATIONAL COMMON 281020107 24,092 920
EL PASO ENERGY CORP DEL COM COMMON 283905107 26,781 690
ELECTRONIC DATA SYS COMMON 285661104 18,073 270
EXXON MOBIL CORPORATION COMMON 30231G102 5,639 70
FEDERATED DEPARTMENT STORES NE COMMON 31410H101 24,776 490
FIRST DATA CORP COMMON 319963104 42,902 870
FIRST UNION CORP COMMON 337358105 15,151 460
GTE CORP COMMON 362320103 31,400 445
GANNETT INC COM COMMON 364730101 19,575 240
GOODRICH B F CO COM COMMON 382388106 14,575 530
HERCULES INC COM COMMON 427056106 21,185 760
HOUSEHOLD INTL INC COM COMMON 441815107 22,350 600
INGERSOLL RAND CO COM COMMON 456866102 23,126 420
INTEL CORP COMMON 458140100 15,639 190
MBIA INC COMMON 55262C100 21,653 410
MGIC INVT CORP WIS COM COMMON 552848103 16,251 270
MARSH & MCLENNAN COS COMMON 571748102 37,318 390
NUCOR CORP COM COMMON 670346105 21,377 390
PALL CORP COM COMMON 696429307 20,269 940
ROYAL DUTCH PETRO-NY SHARES COMMON 780257804 12,113 200
SBC COMMUNICATIONS, INC COMMON 78387G103 15,356 315
SLM HLDG CORP COM COMMON 78442A109 18,590 440
SOUTHTRUST CORP COMMON 844730101 19,663 520
WARNACO GROUP INC COMMON 934390105 10,958 890
WASHINGTON MUT INC COM COMMON 939322103 12,161 470
WASTE MANAGEMENT INC COMMON 94106L109 14,781 860
WHIRLPOOL CORP COMMON 963320106 24,724 380
TOTAL 751,231
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