UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13-F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
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: Speece, Lewis & Thorson, Inc.
Address: 2270 Metropolitan Centre
Minneapolis, MN 55402-2433
13F File Number: 28-3666
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: Fred H. Speece, Jr., CFA
Title: Principal
Phone: (612) 338-7043
Fred H. Speece, Jr. Minneapolis, Minnesota April 26, 2000
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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SEC13F.LNS SPEECE, LEWIS & THORSON, INC.
FORM 13F SUMMARY PAGE
AS OF DATE: 03/31/00
RUN DATE: 04/26/00 8:27 A.M.
REPORT SUMMARY:
NUMBER OF OTHER INCLUDED MANAGERS: 0
FORM 13F INFORMATION TABLE ENTRY TOTAL: 37
FORM 13F INFORMATION TABLE VALUE TOTAL: $156,145,000
LIST OF OTHER INCLUDED MANAGERS:
NO. 13F FILE NUMBER NAME
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PORTVUE-SEC13F.LNP
RUN DATE: 04/26/00 8:27 A.M.
FORM 13F INFORMATION TABLE
11:06 AM 04/26/2000
AS OF DATE: 03/31/00
11:07 AM 04/26/2000
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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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
AMBAC FINANCIAL GROUP INC COM 023139108 2809 55756 SH SOLE 55756 0 0
AMSOUTH BANCORPORATION COM COM 032165102 2737 183234 SH SOLE 183234 0 0
AVNET INC COM COM 053807103 3081 48900 SH SOLE 48900 0 0
BARD C R INC COM COM 067383109 3151 81450 SH SOLE 81450 0 0
BORDERS GROUP INC COM COM 099709107 5271 306700 SH SOLE 306700 0 0
BOWATER INC COM COM 102183100 5338 100000 SH SOLE 100000 0 0
CK WITCO CORP. COM 12562C108 4171 409450 SH SOLE 409450 0 0
CONOCO INC CL A COM 208251306 4698 190800 SH SOLE 190800 0 0
COOPER INDUSTRIES INC COM 216669101 4081 116600 SH SOLE 116600 0 0
DELHAIZE AMER INC CL A COM 246688105 3005 166930 SH SOLE 166930 0 0
DEVON ENERGY CORP NEW COM COM 25179M103 5009 103150 SH SOLE 103150 0 0
DOVER CORP COM 260003108 5905 123350 SH SOLE 123350 0 0
DPL INC COM COM 233293109 4876 219780 SH SOLE 219780 0 0
EDWARDS A G INC COM COM 281760108 5308 132700 SH SOLE 132700 0 0
ENSCO INTL INC COM COM 26874Q100 5034 139350 SH SOLE 139350 0 0
FURNITURE BRANDS INTL INC COM COM 360921100 4755 252750 SH SOLE 252750 0 0
HANNAFORD BROS CO COM COM 410550107 5520 74850 SH SOLE 74850 0 0
HORACE MANN EDUCATORS CP NEWCO COM 440327104 3551 192600 SH SOLE 192600 0 0
HORMEL GEO A & CO COM 440452100 3670 223250 SH SOLE 223250 0 0
JEFFERSON PILOT CORP COM COM 475070108 4852 72900 SH SOLE 72900 0 0
KEYSPAN CORP COM COM 49337W100 5921 214350 SH SOLE 214350 0 0
LEGGETT & PLATT INC COM 524660107 5727 266350 SH SOLE 266350 0 0
MBIA INC COM 55262C100 2593 49800 SH SOLE 49800 0 0
MILLER HERMAN INC COM COM 600544100 4568 163150 SH SOLE 163150 0 0
NCR CORP NEW COM COM 62886E108 5002 124650 SH SOLE 124650 0 0
NICOR INC COM COM 654086107 3613 109700 SH SOLE 109700 0 0
NISOURCE INC COM 65473P105 2357 139650 SH SOLE 139650 0 0
SHERWIN WILLIAMS CO COM 824348106 5102 230600 SH SOLE 230600 0 0
SNAP ON TOOLS CORP COM 833034101 5104 194900 SH SOLE 194900 0 0
SOUTHTRUST CORP COM COM 844730101 3304 129900 SH SOLE 129900 0 0
STANDARD REGISTER CO COM 853887107 1071 83150 SH SOLE 83150 0 0
TIDEWATER INC COM 886423102 2857 89800 SH SOLE 89800 0 0
UNOCAL CORP COM COM 915289102 3863 129850 SH SOLE 129850 0 0
UTILICORP UTD INC COM COM 918005109 3314 183500 SH SOLE 183500 0 0
WERNER ENTERPRISES INC COM COM 950755108 5670 333550 SH SOLE 333550 0 0
WILMINGTON TR CORP COM COM 971807102 3268 67200 SH SOLE 67200 0 0
XL CAPITAL LTD. COM G98255105 5989 108150 SH SOLE 108150 0 0
LINE COUNT: 37
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