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 is Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Name: Great Lakes Advisors, Inc.
Address: 227 West Monroe Street
Suite 4375
Chicago, IL 60606
13F File Number: 28-99999
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: Edward J. Calkins
Title: Managing Director
Phone: (312) 553-3715
Signature, Place, and Date of Signing:
Edward J. Calkins Chicago, Illinois July 12,
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: 13,980,937
Form 13F Information Table Value Total: $717,946,682
List of Other Included Managers:
No. 13F File Number Name
<PAGE>
<FORMAT>
<TABLE> <C>
<C>
FORM 13F INFOMATION 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
- ------------------------------ ---------------- --------- --
- ------ -------- --- ---- ------- ------------ -------- -----
- --- ------
AGCO CORP COMMON 001084102
147 13000 SH SOLE 13000 0
0
AT PLASTICS INC COMMON 001947100
72 12000 SH SOLE 12000 0
0
ABBOTT LABS COMMON 002824100
611 13461 SH SOLE 9861 0
3600
ADAC LABS COM NEW 005313200
102 14000 SH SOLE 14000 0
0
AETNA INC COMMON 008117103
20455 228703 SH SOLE 224703 0
4000
ALCOA INC COMMON 013817101
15135 244605 SH SOLE 240705 0
3900
ALLEGHENY TELEDYNE INC COMMON 017415100
8887 392803 SH SOLE 389903 0
2900
ALLSTATE CORP COMMON 020002101
811 22601 SH SOLE 22601 0
0
ALTERNATIVE RESOURCES CO COMMON 02145R102
127 18100 SH SOLE 18100 0
0
AMERICAN EXPRESS CO COMMON 025816109
19753 151803 SH SOLE 149003 0
2800
AMERITECH CORP COMMON 030954101
2047 27851 SH SOLE 27851 0
0
AON CORP COMMON 037389103
3156 76501 SH SOLE 76501 0
0
ARROW ELECTRS INC COMMON 042735100
304 16000 SH SOLE 16000 0
0
ASHWORTH INC COMMON 04516H101
69 15000 SH SOLE 15000 0
0
ASSOCIATES FIRST CAP COR CL A 046008108
1048 23744 SH SOLE 23744 0
0
ATLANTIC RICHFIELD CO COMMON 048825103
6915 82752 SH SOLE 82752 0
0
BMC INDS INC MINN COMMON 055607105
144 14000 SH SOLE 14000 0
0
BP AMOCO P L C DEPOSITORY RECEI 055622104
6928 63852 SH SOLE 63852 0
0
BANK OF AMERICA CORP COMMON 060505104
12223 166721 SH SOLE 164272 0
2449
BANK ONE CORP COMMON 06423A103
1856 31164 SH SOLE 31164 0
0
BESTFOODS COMMON 08658U101
10304 208153 SH SOLE 204453 0
3700
BILLING INFO CONCEPTS COMMON 090063108
142 12700 SH SOLE 12700 0
0
BRISTOL MYERS SQUIBB CO COMMON 110122108
3879 55069 SH SOLE 55069 0
0
BRUNSWICK CORP COMMON 117043109
12845 460803 SH SOLE 452603 0
8200
BUILDING MATLS HLDG CORP COMMON 120113105
115 10000 SH SOLE 10000 0
0
BURLINGTON NORTHN SANTA COMMON 12189T104
15200 490307 SH SOLE 479707 0
10600
CIGNA CORP COMMON 125509109
12118 136153 SH SOLE 134153 0
2000
CALLAWAY GOLF CO COMMON 131193104
146 10000 SH SOLE 10000 0
0
CATERPILLAR INC COMMON 149123101
11079 184653 SH SOLE 181553 0
3100
CITIGROUP INC COMMON 172967101
23298 490494 SH SOLE 482544 0
7950
CLOROX CO COMMON 189054109
10222 95703 SH SOLE 93903 0
1800
</TABLE>
<TABLE> <C>
<C>
FORM 13F INFOMATION 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
- ------------------------------ ---------------- --------- --
- ------ -------- --- ---- ------- ------------ -------- -----
- --- ------
COMSTOCK RES INC COM NEW 205768203
103 31000 SH SOLE 31000 0
0
CONSOLIDATED NAT GAS COMMON 209615103
10458 172153 SH SOLE 169453 0
2700
CORN PRODS INTL INC COMMON 219023108
642 21097 SH SOLE 20722 0
375
DANA CORP COMMON 235811106
249 5401 SH SOLE 5401 0
0
DAYTON HUDSON CORP COMMON 239753106
26406 406253 SH SOLE 399453 0
6800
DEERE & CO COMMON 244199105
270 6901 SH SOLE 6901 0
0
DELPHI AUTOMOTIVE SYS COMMON 247126105
2678 144767 SH SOLE 141952 0
2815
DOVER CORP COMMON 260003108
270 7700 SH SOLE 7700 0
0
DOW CHEMICAL COMPANY COMMON 260543103
13792 108703 SH SOLE 106753 0
1950
DUKE ENERGY CORP COMMON 264399106
10349 190103 SH SOLE 187103 0
3000
EEX CORP COM NEW 26842V207
104 15000 SH SOLE 15000 0
0
EASTMAN KODAK CO COMMON 277461109
21301 314403 SH SOLE 309603 0
4800
EMERSON ELEC CO COMMON 291011104
3427 54452 SH SOLE 54452 0
0
EXXON CORP COMMON 302290101
609 7902 SH SOLE 7902 0
0
FEDERAL HOME LN MTG CORP COMMON 313400301
336 5800 SH SOLE 5800 0
0
FEDERAL NATL MTG ASSN COMMON 313586109
15144 221893 SH SOLE 219193 0
2700
FIRST UN CORP COMMON 337358105
8253 175139 SH SOLE 172015 0
3124
FLANDERS CORP COMMON 338494107
88 25000 SH SOLE 25000 0
0
FORD MTR CO COMMON 345370100
1606 28451 SH SOLE 28451 0
0
FRIEDMAN'S INC CL A 358438109
122 14000 SH SOLE 14000 0
0
GTE CORP COMMON 362320103
4583 60702 SH SOLE 60702 0
0
GANNETT INC COMMON 364730101
271 3801 SH SOLE 3801 0
0
GENERAL ELEC CO COMMON 369604103
23877 211303 SH SOLE 208103 0
3200
GENERAL MILLS INC COMMON 370334104
1921 23901 SH SOLE 23901 0
0
GENERAL MTRS CORP COMMON 370442105
13015 197203 SH SOLE 193203 0
4000
GEORGIA PAC CORP COM GA PAC GRP 373298108
11688 246706 SH SOLE 242706 0
4000
GEORGIA PAC TIMBER GRP COM-TIMBER GRP 373298702
5128 203103 SH SOLE 200803 0
2300
HALLIBURTON CO COMMON 406216101
11471 253503 SH SOLE 248903 0
4600
HARTFORD FIN SERVICES COMMON 416515104
12039 206453 SH SOLE 203353 0
3100
HONEYWELL INC COMMON 438506107
12648 109153 SH SOLE 107053 0
2100
HUBBELL INC CL B 443510201
963 21221 SH SOLE 21221 0
0
</TABLE>
<TABLE> <C>
<C>
FORM 13F INFOMATION 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
- ------------------------------ ---------------- --------- --
- ------ -------- --- ---- ------- ------------ -------- -----
- --- ------
ICN PHARMACEUTICALS INC COMMON 448924100
338 10500 SH SOLE 10500 0
0
ITT INDS INC IND COMMON 450911102
3916 102703 SH SOLE 102503 0
200
JDA SOFTWARE GROUP INC COMMON 46612K108
149 16000 SH SOLE 16000 0
0
JOHNSON & JOHNSON COMMON 478160104
524 5351 SH SOLE 5351 0
0
JOHNSON CTLS INC COMMON 478366107
2322 33502 SH SOLE 30502 0
3000
KELLOGG CO COMMON 487836108
264 8001 SH SOLE 8001 0
0
KIMBERLY CLARK CORP COMMON 494368103
12235 214653 SH SOLE 211453 0
3200
LSI LOGIC CORP COMMON 502161102
231 5000 SH SOLE 5000 0
0
LOCKHEED MARTIN CORP COMMON 539830109
9058 243156 SH SOLE 242756 0
400
LYONDELL CHEMICAL CO COMMON 552078107
7241 351103 SH SOLE 345403 0
5700
MARSHALL INDS COMMON 572393106
208 5800 SH SOLE 5800 0
0
MCGRAW HILL COS INC COMMON 580645109
243 4502 SH SOLE 4502 0
0
MERCK & CO INC COMMON 589331107
295 4002 SH SOLE 4002 0
0
MINNESOTA MNG & MFG CO COMMON 604059105
21452 246753 SH SOLE 242653 0
4100
MOBIL CORP COMMON 607059102
3111 31502 SH SOLE 31502 0
0
MORGAN STAN DEAN WITTR COMMON 617446448
523 5101 SH SOLE 5101 0
0
MYLEX CORP COMMON 628546103
122 21000 SH SOLE 21000 0
0
NS GROUP INC COMMON 628916108
167 18000 SH SOLE 18000 0
0
NABISCO GROUP HLDG CORP COMMON 62952P102
450 23001 SH SOLE 23001 0
0
NICOR INC COMMON 654086107
11223 294853 SH SOLE 290453 0
4400
NORFOLK SOUTHERN CORP COMMON 655844108
5871 194902 SH SOLE 194902 0
0
OWENS CORNING COMMON 69073F103
9465 275353 SH SOLE 270453 0
4900
PPG INDS INC COMMON 693506107
2153 36452 SH SOLE 36452 0
0
PEPSICO INC COMMON 713448108
1561 40351 SH SOLE 40351 0
0
PERIPHONICS CORP COMMON 714005105
246 15000 SH SOLE 15000 0
0
PHILIP MORRIS COS COMMON 718154107
18014 448238 SH SOLE 445438 0
2800
PHILLIPS PETE CO COMMON 718507106
24266 482303 SH SOLE 474753 0
7550
PROCTER & GAMBLE CO COMMON 742718109
214 2401 SH SOLE 201 0
2200
PUBLIC SVC ENTERPRISE GR COMMON 744573106
12417 304253 SH SOLE 299653 0
4600
RADISYS CORP COMMON 750459109
222 5700 SH SOLE 5700 0
0
RALSTON PURINA CO COMMON 751277302
10143 333253 SH SOLE 327053 0
6200
</TABLE>
<TABLE> <C>
<C>
FORM 13F INFOMATION 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
- ------------------------------ ---------------- --------- --
- ------ -------- --- ---- ------- ------------ -------- -----
- --- ------
RELIANCE GROUP HLDGS COMMON 759464100
91 12300 SH SOLE 12300 0
0
REPSOL S A DEPOSITORY RECEI 76026T205
205 10100 SH SOLE 10100 0
0
REYNOLDS R J TOB HLDGS I COMMON 76182K105
978 30801 SH SOLE 30801 0
0
ROMAC INTL INC COMMON 775835101
141 15900 SH SOLE 15900 0
0
ROYAL DUTCH PETE CO COMMON 780257804
16539 274503 SH SOLE 268003 0
6500
SARA LEE CORP COMMON 803111103
354 15602 SH SOLE 15602 0
0
SCHERING PLOUGH CORP COMMON 806605101
13876 264306 SH SOLE 258806 0
5500
SEARS ROEBUCK & CO COMMON 812387108
281 6301 SH SOLE 6301 0
0
SPRINT CORP (FON GROUP) . 852061100
25406 479356 SH SOLE 471856 0
7500
SPRINT CORP (PCS GROUP) . 852061506
9230 161925 SH SOLE 159475 0
2450
TELETECH HOLDINGS INC COMMON 879939106
179 17700 SH SOLE 17700 0
0
TENET HEALTHCARE CORP COMMON 88033G100
8515 458701 SH SOLE 449801 0
8900
TETRA TECHNOLOGIES INC COMMON 88162F105
105 11000 SH SOLE 11000 0
0
TEXTRON INC COMMON 883203101
19364 235253 SH SOLE 233653 0
1600
THOMAS & BETTS CORP COMMON 884315102
21206 448803 SH SOLE 440453 0
8350
TYCO INTL LTD COMMON 902124106
12455 131452 SH SOLE 128752 0
2700
ULTRAK INC COM NO PAR 903898401
75 12800 SH SOLE 12800 0
0
WASTE MGMT INC DEL COMMON 94106L109
13770 256179 SH SOLE 252892 0
3287
WELLS FARGO & CO NEW COMMON 949746101
1342 31401 SH SOLE 31401 0
0
WILLAMETTE INDS INC COMMON 969133107
829 18001 SH SOLE 18001 0
0
WOLVERINE WORLDWIDE COMMON 978097103
140 10000 SH SOLE 10000 0
0
GLOBAL-TECH APPLIANCES I ORD G39320109
66 11000 SH SOLE 11000 0
0
SANTA FE INTL CORP ORD G7805C108
207 9000 SH SOLE 9000 0
0
</TABLE>
