UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 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 October 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: 14,132,149
Form 13F Information Table Value Total: $674,144,970
List of Other Included Managers:
No. 13F File Number Name
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<FORMAT>
<TABLE> <C> <C>
FORM 13F INFORMATION 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
- ------------------------------ ---------------- --------- -------
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P
AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE
ABBOTT LABS COMMON 002824100
496 13511 SH SOLE 9911 0
3600
AETNA INC COMMON 008117103
11808 239753 SH SOLE 234003 0
5750
AIRTOUCH COMMUNICATNS COMMON 00949T100
0 1 SH SOLE 1 0
0
ALCOA INC COMMON 013817101
14545 234355 SH SOLE 228755 0
5600
ALLEGHENY TELEDYNE INC COMMON 017415100
6678 395753 SH SOLE 389453 0
6300
ALLSTATE CORP COMMON 020002101
616 24701 SH SOLE 24701 0
0
AMERICAN EXPRESS CO COMMON 025816109
21081 156153 SH SOLE 152153 0
4000
AMERITECH CORP COMMON 030954101
1912 28651 SH SOLE 28651 0
0
AON CORP COMMON 037389103
2262 76501 SH SOLE 76501 0
0
ASSOCIATES FIRST CAP COR CL A 046008108
858 23844 SH SOLE 23844 0
0
ATLANTIC RICHFIELD CO COMMON 048825103
7394 83432 SH SOLE 83432 0
0
BP AMOCO P L C DEPOSITORY RECEI 055622104
7079 63884 SH SOLE 63884 0
0
BANK OF AMERICA CORP COMMON 060505104
10253 184120 SH SOLE 180322 0
3798
BANK ONE CORP COMMON 06423A103
1123 32264 SH SOLE 32264 0
0
BANKERS TR CORP COMMON 066365107
0 1 SH SOLE 1 0
0
BELLSOUTH CORP COMMON 079860102
0 2 SH SOLE 2 0
0
BESTFOODS COMMON 08658U101
10633 218953 SH SOLE 213753 0
5200
BRISTOL MYERS SQUIBB CO COMMON 110122108
3592 53219 SH SOLE 53219 0
0
BRUNSWICK CORP COMMON 117043109
11540 463903 SH SOLE 452403 0
11500
BURLINGTON NORTHN SANTA COMMON 12189T104
14718 535207 SH SOLE 519807 0
15400
CIGNA CORP COMMON 125509109
11002 141503 SH SOLE 138603 0
2900
CATERPILLAR INC COMMON 149123101
10154 185253 SH SOLE 180753 0
4500
CITIGROUP INC COMMON 172967101
22249 505669 SH SOLE 494369 0
11300
CLOROX CO COMMON 189054109
8400 219606 SH SOLE 214506 0
5100
COCA COLA CO COMMON 191216100
0 1 SH SOLE 1 0
0
CONSOLIDATED NAT GAS CO COMMON 209615103
9703 155553 SH SOLE 151653 0
3900
CORN PRODS INTL INC COMMON 219023108
638 20972 SH SOLE 20472 0
500
DANA CORP COMMON 235811106
215 5801 SH SOLE 5801 0
0
DAYTON HUDSON CORP COMMON 239753106
25067 417353 SH SOLE 408753 0
8600
DEERE & CO COMMON 244199105
112 2901 SH SOLE 2901 0
0
DELPHI AUTOMOTIVE SYS CO COMMON 247126105
2374 147783 SH SOLE 143700 0
4083
DOMINION RES INC COMMON 257470104
1503 33301 SH SOLE 33301 0
0
DOVER CORP COMMON 260003108
315 7700 SH SOLE 7700 0
0
DOW CHEMICAL COMPANY COMMON 260543103
12647 111303 SH SOLE 108303 0
3000
DUKE ENERGY CORP COMMON 264399106
11284 204703 SH SOLE 200403 0
4300
EASTMAN KODAK CO COMMON 277461109
24673 326253 SH SOLE 319453 0
6800
EMERSON ELEC CO COMMON 291011104
3463 54802 SH SOLE 54802 0
0
EXXON CORP COMMON 302290101
555 7302 SH SOLE 7302 0
0
FEDERAL HOME LN MTG CORP COMMON 313400301
302 5800 SH SOLE 5800 0
0
FEDERAL NATL MTG ASSN COMMON 313586109
14330 228593 SH SOLE 224693 0
3900
FIRST UN CORP COMMON 337358105
6736 189071 SH SOLE 184623 0
4448
FORD MTR CO COMMON 345370100
1452 28901 SH SOLE 28901 0
0
GTE CORP COMMON 362320103
4690 61002 SH SOLE 61002 0
0
GANNETT INC COMMON 364730101
263 3801 SH SOLE 3801 0
0
GENERAL ELEC CO COMMON 369604103
25623 216113 SH SOLE 211563 0
4550
GENERAL MLS INC COMMON 370334104
1939 23901 SH SOLE 23901 0
0
GENERAL MTRS CORP COMMON 370442105
12754 202653 SH SOLE 196853 0
5800
GEORGIA PAC CORP COM GA PAC GRP 373298108
10025 247906 SH SOLE 242306 0
5600
GEORGIA PAC TIMBER GRP COM-TIMBER GRP 373298702
4872 213003 SH SOLE 209603 0
3400
GOODYEAR TIRE & RUBR CO COMMON 382550101
0 1 SH SOLE 1 0
0
HALLIBURTON CO COMMON 406216101
10342 252253 SH SOLE 245753 0
6500
HARTFORD FIN SERVICES COMMON 416515104
8901 217753 SH SOLE 213253 0
4500
HONEYWELL INC COMMON 438506107
11883 106753 SH SOLE 103753 0
3000
HUBBELL INC CL B 443510201
0 1 SH SOLE 1 0
0
ITT INDS INC IND COMMON 450911102
3385 106403 SH SOLE 105803 0
600
JOHNSON & JOHNSON COMMON 478160104
496 5401 SH SOLE 5401 0
0
JOHNSON CTLS INC COMMON 478366107
2288 34502 SH SOLE 30502 0
4000
KELLOGG CO COMMON 487836108
300 8001 SH SOLE 8001 0
0
KIMBERLY CLARK CORP COMMON 494368103
11684 221503 SH SOLE 216903 0
4600
KROGER CO COMMON 501044101
66 3002 SH SOLE 3002 0
0
LOCKHEED MARTIN CORP COMMON 539830109
8471 259156 SH SOLE 258156 0
1000
LYONDELL CHEMICAL CO COMMON 552078107
4679 349853 SH SOLE 342953 0
6900
MCI WORLDCOM INC COMMON 55268B106
108 1500 SH SOLE 1500 0
0
MAYTAG CORP COMMON 578592107
0 1 SH SOLE 1 0
0
MCGRAW HILL COS INC COMMON 580645109
218 4502 SH SOLE 4502 0
0
MEDIAONE GROUP INC COMMON 58440J104
0 1 SH SOLE 1 0
0
MERCK & CO INC COMMON 589331107
259 4002 SH SOLE 4002 0
0
MINNESOTA MNG & MFG CO COMMON 604059105
23910 248903 SH SOLE 243003 0
5900
MOBIL CORP COMMON 607059102
3174 31502 SH SOLE 31502 0
0
MORGAN STANLEY DEAN WITT COMMON 617446448
285 3201 SH SOLE 3201 0
0
NABISCO GROUP HLDG CORP COMMON 62952P102
345 23001 SH SOLE 23001 0
0
NICOR INC COMMON 654086107
11456 308053 SH SOLE 301753 0
6300
NORFOLK SOUTHERN CORP COMMON 655844108
5076 207202 SH SOLE 207202 0
0
OWENS CORNING COMMON 69073F103
6833 315053 SH SOLE 307153 0
7900
PPG INDS INC COMMON 693506107
2349 39152 SH SOLE 39152 0
0
PENNEY J C INC COMMON 708160106
0 1 SH SOLE 1 0
0
PEPSICO INC COMMON 713448108
1231 40351 SH SOLE 40351 0
0
PHILIP MORRIS COS COMMON 718154107
17644 516088 SH SOLE 509888 0
6200
PHILLIPS PETE CO COMMON 718507106
24044 493203 SH SOLE 482503 0
10700
PROCTER & GAMBLE CO COMMON 742718109
206 2201 SH SOLE 1 0
2200
PUBLIC SVC ENTERPRISE GR COMMON 744573106
12001 310703 SH SOLE 304003 0
6700
RALSTON PURINA CO COMMON 751277302
9703 348103 SH SOLE 339203 0
8900
REYNOLDS R J TOB HLDGS I COMMON 76182K105
832 30801 SH SOLE 30801 0
0
ROCKWELL INTL CORP NEW COMMON 773903109
0 1 SH SOLE 1 0
0
ROYAL DUTCH PETE CO COMMON 780257804
16558 280353 SH SOLE 271053 0
9300
SARA LEE CORP COMMON 803111103
65 2802 SH SOLE 2802 0
0
SCHERING PLOUGH CORP COMMON 806605101
11661 267306 SH SOLE 259606 0
7700
SEARS ROEBUCK & CO COMMON 812387108
0 1 SH SOLE 1 0
0
SOUTHERN CO COMMON 842587107
0 1 SH SOLE 1 0
0
SPRINT CORP (FON GROUP) . 852061100
26708 492306 SH SOLE 481306 0
11000
SPRINT CORP (PCS GROUP) . 852061506
12390 166175 SH SOLE 162775 0
3400
TENET HEALTHCARE CORP COMMON 88033G100
8790 500501 SH SOLE 487901 0
12600
TEXTRON INC COMMON 883203101
19123 247153 SH SOLE 243753 0
3400
THOMAS & BETTS CORP COMMON 884315102
23376 458353 SH SOLE 446453 0
11900
TIME WARNER INC COMMON 887315109
134 2200 SH SOLE 2200 0
0
TYCO INTL LTD NEW COMMON 902124106
12514 121202 SH SOLE 118502 0
2700
U S WEST INC NEW COMMON 91273H101
0 1 SH SOLE 1 0
0
WASTE MGMT INC DEL COMMON 94106L109
5138 266894 SH SOLE 261620 0
5274
WELLS FARGO & CO NEW COMMON 949746101
1213 30601 SH SOLE 30601 0
0
WILLAMETTE INDS INC COMMON 969133107
863 20001 SH SOLE 20001 0
0
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