HOVEY YOUNGMAN ASSOCIATES INC
13F-HR, 1999-07-19
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                               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 new holdings entries.

Institutional Investment Manager Filing this Report:

Name:      Hovey, Youngman Associates, Inc.
Address:   330 Madison Avenue
           New York, NY  10017

13F File Number:  28-3051

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:            Christine Stuttig
Title:           Corporate Secretary
Phone:           (212) 661-3636
Signature, Place, and Date of Signing:

   Christine Stuttig      New York, New York            July 19, 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.
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                            13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:            0

Form 13F Information Table Entry Total:       122

Form 13F Information Table Value Total:       $398,631


List of Other Included Managers:  None

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