[TEXT] UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 20549
FORM 13-F
FORM 13F COVER PAGE
REPORT OF THE CALENDAR YEAR OR QUARTER ENDED:
9+B30/30/1999
INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT:
NAME: ARVEST ASSET MANAGEMENT
ADDRESS: P O BOX 1156
BARTLESVILLE OK 74005-1156
13F_FILE NUMBER 893879
THE INSTITUTION 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 THIS REPORT ON BEHALF OF REPORTING MANAGER:
NAME: SHERYL SWAYNE
TITLE: ASSISTANT VICE PRESIDENT
PHONE: 918-337-3497
"SIGNATURE, PLACE AND DATE OF SIGNING"
" SHERYL SWAYNE BARTLESVILLE, OK 10-12-99"
REPORT TYPE 13-F
I AM SIGNING THIS REPORT AS REQUIRED BY THE
SECURITIES AND EXCHANGE ACT OF 1934
<PAGE>
FORM 13F SUMMARY PAGE
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFO TABLE ENTRY TOTAL: 202
FORM 13F INFO TABLE VALUE TOTAL: 332657
<PAGE>
<TABLE> <C> <C>
VALUE SHARE SH INVST ----VOTING AUTH---
NAME OF ISSUER -TITLE- CUSIP X$1000 PRN PR DSCRN SOLE SHA+K185 NONE
AT&T COM 001957109 5735 131830 SH SOLE 131830
AT&T COM 001957109 373 8585 SH SHARE 8585
ABBOTT LABS COM 002824100 747 20360 SH SOLE 20360
ABBOTT LABS COM 002824100 187 5100 SH SHARE 5100
AEGON NV ORD AMER R COM 007924103 263 3033 SH SOLE 3033
ALLEGHNEY ENER COM 017361106 3439 107875 SH SOLE 107375 500
ALLEGHENY ENER COM 017361106 137 4300 SH SHARE 4300
ALLIED SIGNAL COM 019512102 512 8548 SH SOLE 8548
ALLIED SIGNAL COM 019512102 192 3208 SH SHARE 3208
ALLSTATE CORP COM 020002101 2712 108734 SH SOLE 108334 400
ALLSTATE CORP COM 020002101 120 4825 SH SHARE 4600 225
AMEREN CORP COM 023608102 407 10756 SH SOLE 10756
AMER HOME PROD COM 026609107 523 12600 SH SOLE 11800 800
AMER HOME PROD COM 026609107 216 5200 SH SHARE 1200 4000
AMERTECH COM 030954101 1656 24816 SH SOLE 24812
AMERTECH COM 030954101 254 3804 SH SHARE 3804
AMGEN INC COM 031162100 4853 59550 SH SOLE 59550
AMGEN INC COM 031162100 130 1600 SH SHARE 1600
ATLANTIC RICHFIELD COM 048825103 4715 53203 SH SOLE 53203
ATLANTIC RICHFIELD COM 048825103 160 1800 SH SHARE 1800
BP AMOCO PLC ADR 055622104 2559 23097 SH SOLE 23097
BP AMOCO PLC ADR 055622104 23 211 SH SHARE 211
BANKAMERICA CORP COM 06605F102 189 3390 SH SOLE 3390
BANKAMERICA CORP COM 06605F102 92 1644 SH SHARE 1644
BAXTER INTERNATL COM 071813109 4100 68053 SH SOLE 68053
BAXTER INTERNATL COM 071813109 127 2100 SH SHARE 2100
BELL ATLANTIC CORP COM 077853109 1807 26848 SH SOLE 26848
BELL ATLANTIC CORP COM 077853109 190 2826 SH SHARE 2826
BELLSOUTH CORP COM 079860102 2683 59631 SH SOLE 59631
BELLSOUTH CORP COM 079860102 422 9380 SH SHARE 9380
BERKSHIRE HATHAWAY COM 084670108 275 5 SH SOLE 5
BESTFOODS COM 08658U101 202 4160 SH SOLE 4160
BESTFOODS COM 08658U101 14 280 SH SHARE 280
BOEING COMPANY COM 097023105 86 2018 SH SOLE 2018
BOEING COMPANY COM 097023105 196 4600 SH SHARE 1000 3600
BRISTOL MYERS SQUIBB COM 110122108 894 13240 SH SOLE 13240
BRISTOL MYERS SQUIBB COM 110122108 27 400 SH SHARE 400
BURLINGTON NTH SF COM 12189T104 267 9705 SH SOLE 9705
BURLINGTON NTH SF COM 12189T104 17 600 SH SHARE 600
CIGNA COM 125509109 3489 44880 SH SOLE 44280 600
CIGNA COM 125509109 132 1700 SH SHARE 1700
C&S WEST COM 152357109 228 10787 SH SOLE 10787
CHASE MANHATTAN COM 16161A108 4322 57340 SH SOLE 57340
CHASE MANHATTAN COM 16161A108 314 4160 SH SHARE 4160
CHEVRON COM 166751107 2834 31932 SH SOLE 31932
CHEVRON COM 166751107 107 1200 SH SHARE 1200
CITIGROUP INC COM 172967101 907 20613 SH SOLE 20613
CITIGROUP INC COM 172967101 83 1875 SH SHARE 1875
COASTAL CORP COM 190441105 4148 101334 SH SOLE 101334
COASTAL CORP COM 190441105 90 2200 SH SHARE 2200
COCA COLA COM 191216100 1162 24089 SH SOLE 24089
COCA COLA COM 191216100 68 1400 SH SHARE 1400
COLUMBIA FXD INC COM 197643109 96 7572 SH SOLE 7572
COLUMBIA FXD INC COM 197643109 59 4678 SH SHARE 1883 2795
CONGRA COM 205887102 3294 145990 SH SOLE 145990
CONGRA COM 205887102 120 5300 SH SHARE 5300
CONOCO INC CL B COM 208251405 2558 93422 SH SOLE 93422
CONOCO INC CL B COM 208251405 67 2455 SH SHARE 2455
CONSOL EDISON COM 209115104 281 6782 SH SOLE 6782
DAYTON HUDSON COM 239753106 751 12500 SH SOLE 12500
DAYTON HUDSON COM 239753106 24 400 SH SHARE 400
WALT DISNEY COM 254687106 226 8700 SH SOLE 8700
DOLLAR GEN COM 256669102 621 20118 SH SOLE 20118
DOW CHEMICAL COM 260543103 250 2200 SH SOLE 2200
DOW CHEMICAL COM 260543103 17 150 SH SHARE 150
DUPONT COM 263534109 2698 44592 SH SOLE 44592
DUPONT COM 263534109 71 1167 SH SHARE 1167
EXXON COM 302290101 20201 265808 SH SOLE 264808 1000
EXXON COM 302290101 427 5620 SH SHARE 5620
FED INC FD #24 MUT FD 313907107 102 10052 SH SHARE 10052
FED INC FD #36 MUT FD 314199100 922 92113 SH SOLE 90212 1901
FED INC FD #36 MUT FD 314199100 550 54973 SH SHARE 44950 10023
FID INTRM FD #32 MUT FD 315912105 6433 650994 SH SOLE 650994
FID INTRM FD #32 MUT FD 315912105 129 13027 SH SHARE 13027
FID INV GRD FD #26 MUT FD 316146109 4576 652586 SH SOLE 652586
FID INV GRD FD #26 MUT FD 316146109 85 12138 SH SHARE 12138
FID S/t BD FD #450 MUT FD 316146208 1388 162177 SH SOLE 162177
FID S/t BD FD #450 MUT FD 316146208 8 973 SH SHARE 973
FID GNMA FD #15 MUT FD 31617K105 1812 172365 SH SOLE 172365
FID GNMA FD #15 MUT FD 31617K105 19 1776 SH SHARE 1776
FIRSTAR CORP COM 33763V109 229 8919 SH SOLE 8919
FORD MOTOR COM 345370100 4122 82032 SH SOLE 82032
FORD MOTOR COM 345370100 111 2200 SH SHARE 2200
FORTUNE BRANDS COM 349631101 281 8700 SH SOLE 8700
FORTUNE BRANDS COM 349631101 5 160 SH SHARE 160
GPU COM 36225X100 204 6250 SH SOLE 6250
GTE COM 362320103 918 11936 SH SOLE 11636 300
GTE COM 362320103 96 1244 SH SHARE 1244
GALLAHER GROUP PLC COM 363595109 207 7600 SH SOLE 7600
GALLAHER GROUP PLC COM 363595109 9 320 SH SHARE 320
GENERAL ELECTRIC COM 369604103 5313 44813 SH SOLE 44013 800
GENERAL ELECTRIC COM 369604103 225 1900 SH SHARE 1900
GENERAL MOTORS COM 370442105 385 6122 SH SOLE 6122
HAROLDS STORE INC COM 413353103 2765 497084 SH SOLE 497084
HEWLETT PACKARD COM 428236103 4264 46990 SH SOLE 46990
HEWLETT PACKARD COM 428236103 498 5490 SH SHARE 1890 3600
HIGHWAYMASTER COMM COM 431263102 14 10000 SH SOLE 10000
HUNT JB TRANS SVCS COM 445658107 270 19491 SH SOLE 19491
ILLINOIS TOOL WORKS COM 452308109 246 3300 SH SOLE 3300
INTEL COM 458140100 5036 67770 SH SOLE 67770
INTEL COM 458140100 330 4438 SH SHARE 4438
IBM COM 459200101 6254 51682 SH SOLE 51682
IBM COM 459200101 1942 16048 SH SHARE 16048
INTERNATL PAPER COM 460146103 3919 81540 SH SOLE 80940 600
INTERNATL PAPER COM 460146103 125 2600 SH SHARE 2600
INTERPUBLIC GRP COM 460690100 361 8790 SH SOLE 8790
JOHNSON & JOHNSON COM 478160104 4875 53058 SH SOLE 53058
JOHNSON & JOHNSON COM 478160104 231 2515 SH SHARE 2400 115
KANSAS CITY P&L COM 485134100 277 11445 SH SOLE 11445
KANSAS CITY P&L COM 485134100 6 250 SH SHARE 250
LOCKHEED MARTIN COM 539830109 3264 99850 SH SOLE 99850
LOCKHEED MARTIN COM 539830109 94 2880 SH SHARE 2880
LUCENT TECH COM 549463107 6653 102550 SH SOLE 102550
LUCENT TECH COM 549463107 464 7150 SH SHARE 7150
MFS ARK MUNI BD MUT FD 55273N400 263 27160 SH SOLE 27160
MARRIOTT INTL CL A COM 571903202 302 9250 SH SOLE 9250
MCDONALD'S COM 580135101 4387 101444 SH SOLE 101444
MCDONALD'S COM 580135101 147 3390 SH SHARE 3390
MEAD COM 582834107 3834 111536 SH SOLE 111536
MEAD COM 582834107 130 3780 SH SHARE 3780
MERCK & CO COM 589331107 439 6778 SH SOLE 6778
MERCK & CO COM 589331107 240 3700 SH SHARE 3700
MERRILL LYNCH COM 590188108 391 5800 SH SOLE 5800
MINN MINING & MFG COM 604059105 396 4120 SH SOLE 3920 200
MOBIL CORP COM 607059102 5826 57830 SH SOLE 57630 200
MOBIL CORP COM 607059102 492 4880 SH SHARE 4880
J P MORGAN & CO COM 616880100 267 2334 SH SOLE 2134 200
NATIONAL CITY COM 635405103 403 15116 SH SOLE 15116
NORFOLK SOUTHRN COM 655844108 326 13320 SH SOLE 13320
NUVEEN SLCT TF INC 3 SBI 67063X100 196 15000 SH SOLE 15000
OKLA INSD MUNS INC 15 SBI 678873324 570 585 SH SOLE 585
ORACLE CORP COM 68389X105 4852 106642 SH SOLE 106642
ORACLE CORP COM 68389X105 162 3560 SH SHARE 3560
PPG INDUSTRIES COM 693506107 108 1798 SH SOLE 1798
PPG INDUSTRIES COM 693506107 144 2400 SH SHARE 2400
PEPSICO COM 713448108 4073 133554 SH SOLE 132750 804
PEPSICO COM 713448108 158 5165 SH SHARE 4900 265
PFIZER COM 717081103 340 9486 SH SOLE 9486
PFIZER COM 717081103 172 4800 SH SHARE 4800
PHILLIPS PETE COM 718507106 7813 160264 SH SOLE 160264
PHILLIPS PETE COM 718507106 1498 30730 SH SHARE 30730
PROCTOR & GAMBLE COM 742718109 7019 74870 SH SOLE 74870
PROCTOR & GAMBLE COM 742718109 113 1200 SH SHARE 1200
RAYTHEON CO CL B COM 755111408 89 1800 SH SOLE 1600 200
RAYTHEON CO CL B COM 755111408 299 6031 SH SHARE 6031
RELIANT ENERGY INC COM 75952J108 194 7171 SH SOLE 7171
RELIANT ENERGY INC COM 75952J108 11 400 SH SHARE 400
RELIASTAR FINL COM 75952U103 3177 95550 SH SOLE 95550
RELIASTAR FINL COM 75952U103 73 2200 SH SHARE 2200
TR PRICE INTERNTL BD MUT FD 77956H104 15 1556 SH SOLE 1556
TR PRICE INTERNTL BD MUT FD 77956H104 107 11355 SH SHARE 11355
SBC COMM COM 78387G103 7800 152750 SH SOLE 152458 292
SBC COMM COM 78387G103 243 4764 SH SHARE 4764
SAFEWAY INC COM 786514208 3310 86950 SH SOLE 86950
SAFEWAY INC COM 786514208 110 2900 SH SHARE 2900
SARA LEE COM 803111103 209 8929 SH SOLE 8929
SARA LEE COM 803111103 61 2600 SH SHARE 2600
SCHERING-PLOUGH COM 806605101 175 4000 SH SOLE 4000
SCHERING-PLOUGH COM 806605101 57 1300 SH SHARE 1300
SEARS ROEBUCK COM 812387108 2647 84355 SH SOLE 84355
SEARS ROEBUCK COM 812387108 96 3050 SH SHARE 3050
SERVICEMASTER COM 81760N109 373 23218 SH SOLE 23218
SOUTHERN CO COM 842587107 524 20361 SH SOLE 20361
SOUTHERN CO COM 842587107 46 1800 SH SHARE 1800
SOUTHTRUST COM 844730101 3699 103110 SH SOLE 103110
SOUTHTRUST COM 844730101 132 3680 SH SHARE 3680
SPRINT CORP COM 852061100 4618 85124 SH SOLE 84724 400
SPRINT CORP COM 852061100 130 2400 SH SHARE 2400
SPRINT CORP PCS 1 COM 852061506 1726 23144 SH SOLE 23044 100
SPRINT CORP PCS 1 COM 852061506 45 600 SH SHARE 600
STATE STR RESH TE MUT FD 857513105 139 16169 SH SOLE 16169
SUNOCO INC COM 86764P109 200 7317 SH SOLE 7317
TRW INC COM 872649108 472 9488 SH SOLE 9488
TECHNITROL INC COM 878555101 212 6000 SH SHARE 6000
TEXACO INC COM 881694103 5254 83236 SH SOLE 82836 400
TEXACO INC COM 881694103 210 3323 SH SHARE 2420 903
TEXTRON COM 883203101 298 3850 SH SOLE 3850
TYCO INTL LTD COM 902124106 5083 49234 SH SOLE 49234
TYCO INTL LTD COM 902124106 144 1390 SH SHARE 1390
TYSON FOODS COM 902494103 962 58507 SH SOLE 58507
U S WEST INC COM 91273H101 246 4318 SH SOLE 4318
VAN ADM S/T TREAS 12 MUT FD 921932208 1471 147553 SH SOLE 147553
VAN ADM S/T TREAS 12 MUT FD 921932208 1521 152590 SH SHARE 128507 705 23378
VAN ADM INTRMD TS 19 MUT FD 921932307 2697 265713 SH SOLE 265713
VAN ADM INTRMD TS 19 MUT FD 921932307 2202 216891 SH SHARE 209035 2831 5025
VAN GNMA FD #36 MUT FD 922031307 6593 658514 SH SOLE 654535 3979
VAN GNMA FD #36 MUT FD 922031307 2337 233403 SH SHARE 222022 9429 1952
VANGUARD S/t FUND #39 MUT FD 922031406 724 68378 SH SOLE 66053 2325
VANGUARD S/t FUND #39 MUT FD 922031406 1081 102094 SH SHARE 92201 7074 2819
VAN INTRM-TM TE #42 MUT FD 922907209 649 50158 SH SOLE 50158
VAN INTRM-TM TE #42 MUT FD 922907209 338 26147 SH SHARE 23985 2162
VAN TE MM MUT FD 922907506 12 12300 SH SOLE 12300
VODAFONE AIRTOUCH PLC COM 92857T107 864 3633 SH SOLE 3533 100
VODAFONE AIRTOUCH PLC COM 92857T107 48 200 SH SHARE 200
WALMART STORES COM 931142103 53505 1124924 SH SOLE 1124924
WALMART STORES COM 931142103 402 8446 SH SHARE 6286 2160
WARNER LAMBERT CO COM 934488107 4006 60350 SH SOLE 60350
WARNER LAMBERT CO COM 934488107 136 2045 SH SHARE 2045
WILLIAMS COMPANIES COM 969457100 384 10200 SH SOLE 10200
WRIGLEY WM JR COM 982526105 312 4533 SH SOLE 4533
XEROX COM 984121103 3727 88872 SH SOLE 88272 600
XEROX COM 984121103 238 5680 SH SHARE 5680
S REPORT SUMMARY 202 DATA RECORDS 332657
</TABLE>
332657
