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 if Amendment [ ]; Amendment Number:
This Amendment ( Check only one. ) : [ ] is a restatement
[ ] adds a new holdings entries.
Institutional Investment Manager Filing this report:
Name: Hotchkiss Associates, Inc.
Address: 208 South LaSalle Street
Suite 712
Chicago, IL 60604
13F File Number: 28-3052
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 intergral parts of
this form.
Person Signing the Report on Behalf of Reporting Manager:
Name: James K. Hotchkiss
Title: President
Phone: 312-368-4633
Signature, Place and Date of Signing
James K. Hotchkiss Chicago, IL 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: 112
Form 13F Information Table Value Total: $325,927,678
List of Other Included Managers:
( none )
<PAGE>
<TABLE>
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGER SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AT&T CORP COMMON 001957109 2222 39820 SH SOLE 1 8100 0 31720
LIBERTY MEDIA CL A GROUP / AT&T COR 001957208 3507 95436 SH SOLE 1 9400 0 86036
ABBOTT LABS COMMON 002824100 10974 241862 SH SOLE 1 17800 0 224062
AETNA INC COMMON 008117103 330 3689 SH SOLE 1 0 0 3689
AMERICA ONLINE INC DEL COMMON 02364J104 6685 60770 SH SOLE 1 0 0 60770
AMERICAN HOME PRODS CORP COMMON 026609107 528 9200 SH SOLE 1 0 0 9200
AMERICAN INTL GROUP INC COMMON 026874107 9326 79541 SH SOLE 1 2524 0 77017
AMERITECH CORP NEW COMMON 030954101 1276 17362 SH SOLE 1 0 0 17362
ARCHSTONE CMNTYS TR SH BEN INT 039581103 208 9500 SH SOLE 1 0 0 9500
ATLANTIC RICHFIELD CO COMMON 048825103 527 6308 SH SOLE 1 0 0 6308
AUTODESK INC COMMON 052769106 214 7250 SH SOLE 1 5500 0 1750
BP AMOCO P L C DEPOSITORY RECEI 055622104 2888 26616 SH SOLE 1 1057 0 25559
BANK OF AMERICA CORP COMMON 060505104 434 5920 SH SOLE 1 2574 0 3346
BANK ONE CORP COMMON 06423A103 1419 23826 SH SOLE 1 0 0 23826
BELL ATLANTIC CORP COMMON 077853109 262 4012 SH SOLE 1 528 0 3484
BELLSOUTH CORP COMMON 079860102 692 14992 SH SOLE 1 0 0 14992
BERKSHIRE HATHAWAY INC B CL B 084670207 737 329 SH SOLE 1 0 0 329
BLOCK H & R INC COMMON 093671105 400 8000 SH SOLE 1 0 0 8000
BORDERS GROUP INC COMMON 099709107 996 63014 SH SOLE 1 5000 0 58014
BOSTON SCIENTIFIC CORP COMMON 101137107 3579 81467 SH SOLE 1 14600 0 66867
BRISTOL MYERS SQUIBB CO COMMON 110122108 4773 67764 SH SOLE 1 4720 0 63044
CATERPILLAR INC DEL COMMON 149123101 667 11120 SH SOLE 1 0 0 11120
CHEVRON CORPORATION COMMON 166751107 426 4480 SH SOLE 1 0 0 4480
CIENA CORP COMMON 171779101 1111 36800 SH SOLE 1 2800 0 34000
CISCO SYS INC COMMON 17275R102 26493 411142 SH SOLE 1 33650 0 377492
CINTAS CORP COMMON 172908105 4152 61800 SH SOLE 1 5600 0 56200
CITIGROUP INC COMMON 172967101 597 12578 SH SOLE 1 0 0 12578
COCA COLA CO COMMON 191216100 697 11237 SH SOLE 1 0 0 11237
COMCAST CL A CL A 200300101 528 14751 SH SOLE 1 0 0 14751
COMCAST CL A SPCL CL A SPL 200300200 4025 104725 SH SOLE 1 8200 0 96525
COMPUTER SCIENCES CORP COMMON 205363104 3617 52275 SH SOLE 1 6600 0 45675
CONSOLIDATED EDISON INC COMMON 209115104 226 5000 SH SOLE 1 0 0 5000
CONSOLIDATED PAPERS INC COMMON 209759109 543 20314 SH SOLE 1 0 0 20314
CYMER INC COMMON 232572107 258 10300 SH SOLE 1 3500 0 6800
DEVRY INC DEL COMMON 251893103 5165 230829 SH SOLE 1 20700 0 210129
DISNEY WALT COMPANY COMMON 254687106 3639 118089 SH SOLE 1 1800 0 116289
DOLLAR GEN CORP COMMON 256669102 227 7815 SH SOLE 1 0 0 7815
DONNELLEY R R & SONS CO COMMON 257867101 308 8300 SH SOLE 1 200 0 8100
DU PONT E I DE NEMOURS & COMMON 263534109 619 9064 SH SOLE 1 0 0 9064
ELAN PLC DEPOSITORY RECEI 284131208 6708 241719 SH SOLE 1 22200 0 219519
ELAN PLC *W EXP 12/31/200 284131208 355 12800 SOLE 1 3000 0 9800
ELECTRONIC DATA SYSTEM COMMON 285661104 260 4600 SH SOLE 1 500 0 4100
EMERSON ELEC CO COMMON 291011104 2867 45551 SH SOLE 1 800 0 44751
EXODUS COMMUNICATIONS IN COMMON 302088109 606 5050 SH SOLE 1 0 0 5050
EXXON CORP COMMON 302290101 3086 40018 SH SOLE 1 800 0 39218
FIFTH THIRD BANCORP COMMON 316773100 655 9843 SH SOLE 1 2250 0 7593
FIRSTAR CORP NEW WIS COMMON 33763V109 2480 88572 SH SOLE 1 0 0 88572
GTE CORP COMMON 362320103 2639 34958 SH SOLE 1 2700 0 32258
GANNETT INC COMMON 364730101 343 4800 SH SOLE 1 0 0 4800
GENERAL ELEC CO COMMON 369604103 9184 81276 SH SOLE 1 9600 0 71676
GRAINGER W W INC COMMON 384802104 1152 21400 SH SOLE 1 3600 0 17800
HEWLETT PACKARD CO COMMON 428236103 844 8400 SH SOLE 1 0 0 8400
HOME DEPOT INC COMMON 437076102 7068 109682 SH SOLE 1 9898 0 99784
HON INDS INC COMMON 438092108 782 26800 SH SOLE 1 0 0 26800
IMS HEALTH INC COMMON 449934108 219 7000 SH SOLE 1 0 0 7000
ILLINOIS TOOL WKS INC COMMON 452308109 8646 105767 SH SOLE 1 3900 0 101867
INFOSEEK CORP COMMON 45678M107 297 6200 SH SOLE 1 0 0 6200
INTEL CORP COMMON 458140100 18870 317146 SH SOLE 1 21600 0 295546
INTUIT COMMON 461202103 634 7033 SH SOLE 1 2700 0 4333
JOHNSON & JOHNSON COMMON 478160104 2765 28210 SH SOLE 1 0 0 28210
KELLOGG CO COMMON 487836108 528 16000 SH SOLE 1 0 0 16000
KEYCORP NEW COMMON 493267108 1031 32100 SH SOLE 1 175 0 31925
LILLY ELI & CO COMMON 532457108 2761 38554 SH SOLE 1 400 0 38154
LUCENT TECHNOLOGIES INC COMMON 549463107 21195 314292 SH SOLE 1 22291 0 292001
LUCENT TECHNOLOGIES INC COMMON 549463107 287 4250 SH SOLE I 0 0 4250
MCI WORLDCOM INC COMMON 55268B106 7679 89229 SH SOLE 1 7079 0 82150
MARSH & MCLENNAN COS INC COMMON 571748102 261 3450 SH SOLE 1 0 0 3450
MEDIAONE GROUP INC COMMON 58440J104 2098 28213 SH SOLE 1 0 0 28213
MEDTRONIC INC COMMON 585055106 5593 71824 SH SOLE 1 3000 0 68824
MELLON BK CORP COMMON 585509102 542 14900 SH SOLE 1 1584 0 13316
MERCANTILE BANCORP INC COMMON 587342106 224 3915 SH SOLE 1 0 0 3915
MERCK & CO INC COMMON 589331107 9272 125929 SH SOLE 1 5200 0 120729
MICROSOFT CORP COMMON 594918104 14583 161695 SH SOLE 1 9800 0 151895
MILLER HERMAN INC COMMON 600544100 707 33660 SH SOLE 1 0 0 33660
MOLEX INC CL A 608554200 306 9703 SH SOLE 1 0 0 9703
MORGAN J P & CO INC COMMON 616880100 885 6300 SH SOLE 1 400 0 5900
MOTOROLA INC COMMON 620076109 3038 32059 SH SOLE 1 4300 0 27759
NEWELL RUBBERMAID INC COMMON 651229106 413 8906 SH SOLE 1 0 0 8906
NEXTEL COMMUNICATIONS IN CL A 65332V103 2653 52864 SH SOLE 1 3600 0 49264
NORTHERN TR CORP COMMON 665859104 14711 151661 SH SOLE 1 3800 0 147861
OFFICE DEPOT INC COMMON 676220106 2953 133860 SH SOLE 1 10050 0 123810
ORIGINAL SIXTEEN TO ONE COMMON 686203100 16 13934 SH SOLE 1 0 0 13934
PAYCHEX INC COMMON 704326107 1160 36383 SH SOLE 1 0 0 36383
PENNEY J C INC COMMON 708160106 350 7200 SH SOLE 1 0 0 7200
PEPSICO INC COMMON 713448108 1792 46328 SH SOLE 1 1900 0 44428
PETSMART INC COMMON 716768106 205 20000 SH SOLE 1 0 0 20000
PFIZER INC COMMON 717081103 5158 47324 SH SOLE 1 2400 0 44924
PHILIP MORRIS COS COMMON 718154107 727 18100 SH SOLE 1 0 0 18100
PRICE T ROWE & ASSOCIATE COMMON 741477103 3167 82528 SH SOLE 1 10700 0 71828
PROCTER & GAMBLE CO COMMON 742718109 3718 41659 SH SOLE 1 3100 0 38559
PROLOGIS TR SH BEN INT 743410102 255 12600 SH SOLE 1 2500 0 10100
QUALCOMM INC COMMON 747525103 4994 34800 SH SOLE 1 4000 0 30800
QUINTILES TRANSNATIONAL COMMON 748767100 1835 43686 SH SOLE 1 3500 0 40186
ST PAUL BANCORP INC COMMON 792848103 1134 44458 SH SOLE 1 10500 0 33958
SARA LEE CORP COMMON 803111103 2513 110752 SH SOLE 1 9600 0 101152
SCHERING PLOUGH CORP COMMON 806605101 431 8200 SH SOLE 1 0 0 8200
SCHLUMBERGER LTD COMMON 806857108 439 6897 SH SOLE 1 1000 0 5897
SERVICEMASTER CO COMMON 81760N109 4698 250561 SH SOLE 1 17387 0 233174
SIGMA ALDRICH CORP COMMON 826552101 221 6413 SH SOLE 1 0 0 6413
STARBUCKS CORP COMMON 855244109 4474 119104 SH SOLE 1 5400 0 113704
STERLING COMMERCE INC COMMON 859205106 3386 92141 SH SOLE 1 5300 0 86841
SUN MICROSYSTEMS INC COMMON 866810104 4347 63110 SH SOLE 1 5400 0 57710
TELLABS INC COMMON 879664100 5412 80100 SH SOLE 1 0 0 80100
TIME WARNER INC COMMON 887315109 896 12333 SH SOLE 1 1200 0 11133
TYCO INTL LTD COMMON 902124106 299 3152 SH SOLE 1 0 0 3152
U S WEST INC NEW COMMON 91273H101 225 3829 SH SOLE 1 0 0 3829
VIACOM INC CL B CL B 925524308 405 9212 SH SOLE 1 4056 0 5156
VODAFONE AIRTOUCH PLC DEPOSITORY RECEI 92857T107 1517 7700 SH SOLE 1 2400 0 5300
WALGREEN CO COMMON 931422109 3705 126116 SH SOLE 1 3400 0 122716
WELLS FARGO & CO NEW COMMON 949746101 224 5250 SH SOLE 1 1500 0 3750
WRIGLEY WM JR CO COMMON 982526105 367 4120 SH SOLE 1 0 0 4120
AXOGEN LTD COMMON G0690R108 402 12800 SH SOLE 1 3000 0 9800
</TABLE>
