GUYASUTA INVESTMENT ADVISORS INC
13F-HR, 1999-11-15
Previous: WASHINGTON CAPITAL MANAGEMENT INC, 13F-HR, 1999-11-15
Next: CIRCUIT CITY CREDIT CARD MASTER TRUST, 8-K, 1999-11-15



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

FORM 13F

FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:  9/30/99

Check here if Amendment ( ); Amendment Number: ( )
This Amendment  (Check only one):  ( ) is a restatement
					     ( ) adds new holdings entries
Institutional Investment Manager Filing this Report:

Guyasuta Investment Advisors, Inc.
Suite 2734   500 Grant Street
Pittsburgh, PA  15219

Form 13F File Number:  28-4474

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:   Peter F. Mathieson
Title:  Managing Director
Phone:  412-765-3330

Signature, Place, and Date of Signing:


Peter F. Mathieson    Pittsburgh, PA	 15219		August 12, 1999
  Signature

Report Type (Check only one):

( x )  13F HOLDINGS REPORT.  (Check here is all holdings of this reporting
       manager are reported in this report.)

(  )	13F NOTICE.  (Check here if no holdings reported are in this report,
     and all holdings are reported by other reporting manager(s).)


<TABLE>
                                                                  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
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -
- ------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>
<C>      <C>      <C>
A T & T CORP.                  COM              030177109      839    19294 SH       SOLE
19294
ABBOTT LABS                    COM              002824100     1309    35690 SH       SOLE
35690
AIR EXPRESS INTERNATIONAL      COM              009104ab6     3182   140240 SH       SOLE
140240
ALCOA, INC.                    COM              022249106     4532    73028 SH       SOLE
73028
ALLEGHENY TELEDYNE             COM              016900102      748    44339 SH       SOLE
44339
ALLIED SIGNAL                  COM              019512102      234     3900 SH       SOLE
3900
AMERICAN EXPRESS COMPANY       COM              025816109      931     6900 SH       SOLE
6900
AMERICAN HOME PRODUCTS         COM              026609107     2071    49900 SH       SOLE
49900
AMERICAN INTERNATIONAL         COM              026874107      394     4526 SH       SOLE
4526
AMERITECH CORP.                COM              030954101      294     4400 SH       SOLE
4400
ATLANTIC RICHFIELD             COM              048825103      440     4960 SH       SOLE
4960
BANK OF NEW YORK CO.           COM              064057102      237     7100 SH       SOLE
7100
BELL ATLANTIC                  COM              077853109     1206    17916 SH       SOLE
17916
BELLSOUTH                      COM              079860102      416     9248 SH       SOLE
9248
BEST FOODS                     COM              126149103      369     7600 SH       SOLE
7600
BP AMOCO PLC ADR               COM              055622104     4990    45032 SH       SOLE
45032
BRISTOL MYERS                  COM              110122108     2778    41158 SH       SOLE
41158
BT FINANCIAL CORP.             COM              055763106      848    35138 SH       SOLE
35138
CATERPILLAR                    COM              149123101      504     9200 SH       SOLE
9200
CBS CORP.                      COM              960402105      291     6300 SH       SOLE
6300
CENTERPOINT PROPERTIES         COM              151895109     3414   101167 SH       SOLE
101167
CHASE MANHATTAN CORP.          COM              161610100      523     6938 SH       SOLE
6938
CHEVRON                        COM              166751107     3835    43208 SH       SOLE
43208
CISCO SYSTEMS                  COM              17275R102      463     6750 SH       SOLE
6750
CITIGROUP                      COM              173034109      451    10252 SH       SOLE
10252
COCA-COLA CO.                  COM              191216100     2041    42291 SH       SOLE
42291
COMCAST CLASS A                COM              200300101     2543    70505 SH       SOLE
70505
COMCAST CLASS A SPECIAL        COM              200300200     7160   179559 SH       SOLE
179559
COMPAQ                         COM              204493100      287    12563 SH       SOLE
12563
CONEXANT                       COM              20854p109     1109    15266 SH       SOLE
15266
DEERE                          COM              244199105      319     8240 SH       SOLE
8240
DIAMOND OFFSHORE               COM              25271c102     3281    98303 SH       SOLE
98303
DUPONT                         COM              263534109      428     7078 SH       SOLE
7078
EMERSON ELECTRIC               COM              291011104     4897    77492 SH       SOLE
77492
EXXON                          COM              302290101     1458    19183 SH       SOLE
19183
FANNIE MAE                     COM              313586109      244     3900 SH       SOLE
3900
FEDERAL REALTY                 COM              313747206      375    17900 SH       SOLE
17900
GANNETT                        COM              364730101      491     7100 SH       SOLE
7100
GENERAL ELECTRIC               COM              369604103     6213    52402 SH       SOLE
52402
GENERAL MOTORS                 COM              370442105      231     3671 SH       SOLE
3671
H. J. HEINZ CO.                COM              423074103     9475   220344 SH       SOLE
220344
HALLIBURTON                    COM              406216101      494    12060 SH       SOLE
12060
HEWLETT PACKARD                COM              428236103      372     4100 SH       SOLE
4100
HOME DEPOT                     COM              437076102      302     4400 SH       SOLE
4400
I B M                          COM              459200101    11251    92984 SH       SOLE
92984
I R T PROPERTY CO.             COM              450058102      108    12000 SH       SOLE
12000
INGERSOLL RAND                 COM              456866102      247     4500 SH       SOLE
4500
INGLES MARKETS                 COM              457030104      186    14106 SH       SOLE
14106
INTERNATIONAL PAPER            COM              460146103     1149    23909 SH       SOLE
23909
INTERPUBLIC GROUP              COM              460690100     2618    63650 SH       SOLE
63650
JOHNSON & JOHNSON              COM              478160104      656     7135 SH       SOLE
7135
KELLOGG CO.                    COM              487836108      709    18942 SH       SOLE
18942
KIMBERLY CLARK                 COM              494368103     3857    73122 SH       SOLE
73122
L T C PROPERTIES               COM              502175102      618    58182 SH       SOLE
58182
LUCENT TECHNOLOGIES            COM              549463107     1222    18829 SH       SOLE
18829
MASTECH                        COM              57632n105      238    17650 SH       SOLE
17650
MAXAM GOLD CORP.               COM              57772f102       13   100000 SH       SOLE
100000
MAY DEPT. STORES               COM              577778103      240     6600 SH       SOLE
6600
MCGRAW HILL                    COM              580645109     4399    90928 SH       SOLE
90928
MEDITRUST                      COM              58501t108      211    24828 SH       SOLE
24828
MELLON FINANCIAL CORP.         COM              585509102      473    14078 SH       SOLE
14078
MERCK                          COM              589331107     2242    34596 SH       SOLE
34596
MERITOR AUTOMOTIVE             COM              59000g100      262    12569 SH       SOLE
12569
METROMEDIA INTERNATIONAL       COM              591695101      412   100000 SH       SOLE
100000
MICROSOFT CORP.                COM              594918104     1055    11648 SH       SOLE
11648
MOBIL OIL                      COM              607059102      640     6350 SH       SOLE
6350
MONSANTO                       COM              611662107      209     5850 SH       SOLE
5850
MOTOROLA                       COM              620076109      211     2400 SH       SOLE
2400
MYLAN LABS                     COM              628530107      541    29427 SH       SOLE
29427
NATIONAL CITY BANK             COM              635405103      972    36432 SH       SOLE
36432
NATIONAL DATA CORP.            COM              635621105     1775    68283 SH       SOLE
68283
NEWELL RUBBERMAID              COM              651192106     1189    41640 SH       SOLE
41640
OLD KENT                       COM              679833103     3015    81211 SH       SOLE
81211
OWENS & MINOR                  COM              690732102      135    14000 SH       SOLE
14000
P N C FINANCIAL                COM              693475105     2156    40918 SH       SOLE
40918
P P & L RESOURCES              COM              709051106      452    16687 SH       SOLE
16687
P P G INDUSTRIES               COM              693506107     2066    34436 SH       SOLE
34436
PEPSICO                        COM              713448108     2325    76239 SH       SOLE
76239
PFIZER                         COM              717081103      511    14246 SH       SOLE
14246
PHILIP MORRIS                  COM              718154107      267     7816 SH       SOLE
7816
PITNEY BOWES                   COM              724479100      670    11000 SH       SOLE
11000
PRIDE INTERNATIONAL            COM              741932107      606    42700 SH       SOLE
42700
PROCTER & GAMBLE               COM              742718109     1673    17850 SH       SOLE
17850
REGIONS FINANCIAL              COM              318464104     2666    88867 SH       SOLE
88867
RESPIRONICS                    COM              761230101     1389   168320 SH       SOLE
168320
ROCKWELL CORP.                 COM              774347108     2041    38873 SH       SOLE
38873
ROYAL DUTCH PETROLEUM          COM              780257705      396     6700 SH       SOLE
6700
RUDDICK                        COM              781258108      418    26300 SH       SOLE
26300
SCHERING PLOUGH                COM              806605101     5462   125213 SH       SOLE
125213
SCHLUMBERGER                   COM              806857108      209     3350 SH       SOLE
3350
SHARED MEDICAL                 COM              819486101     2938    62850 SH       SOLE
62850
SPRINT CORP.                   COM              852061100      651    12000 SH       SOLE
12000
ST. PAUL COS.                  COM              792860108      275    10000 SH       SOLE
10000
SUN MICROSYSTEMS               COM              866810104     1083    11650 SH       SOLE
11650
TEXACO                         COM              881694103      510     8082 SH       SOLE
8082
TORCHMARK                      COM              891027104      248     9600 SH       SOLE
9600
TRIBUNE CO.                    COM              896047107      304     6120 SH       SOLE
6120
TUSCARORA INC.                 COM              900902107      132    10450 SH       SOLE
10450
TYCO INTERNATIONAL             COM              902124106     4805    46542 SH       SOLE
46542
U S TRUST CO.                  COM              912883105     3249    40425 SH       SOLE
40425
WARNER LAMBERT                 COM              934488107     4809    72456 SH       SOLE
72456
WEIRTON STEEL                  COM              948774104       22    10200 SH       SOLE
10200
WILLAMETTE INDUSTRIES          COM              969133107      216     5020 SH       SOLE
5020
AMERICAN GENERAL 6% CONV.PFD.  PFD CV           02637g200     1944    24300 SH       SOLE
24300
BELCO OIL & GAS $1.625 CONV. P PFD CV           077410207     1395    83300 SH       SOLE
83300
CENTERPOINT PROPERTIES 7 1/2%  PFD CV           151895307     1204    28000 SH       SOLE
28000
CNB CAPITAL TRUST 6% CONV. PFD PFD CV           12613g207     2606    89100 SH       SOLE
89100
FELCOR LODGING $1.95 CONV. PFD PFD CV           314305202     1486    89050 SH       SOLE
89050
GLENBOROUGH REALTY TRUST 7 3/4 PFD CV           37803p204     1752   106600 SH       SOLE
106600
JAMESON INNS $1.70 SERIES S CO PFD CV           470457300     1795   140800 SH       SOLE
140800
NEW PLAN EXCEL REALTY TR. $2.1 PFD CV           648053205     1696    72950 SH       SOLE
72950
OWENS-ILLINOIS $2.375 CONV. PF PFD CV           690768502     1526    46600 SH       SOLE
46600
ALTERRA HEALTHCARE             CONV             02145kab3     1570  2180000 PRN      SOLE
2180000
AMERICAN RETIREMENT CORP.      CONV             028913aa9     1796  2460000 PRN      SOLE
2460000
ASSISTED LIVING CONCEPTS       CONV             04543lad1     1523  2820000 PRN      SOLE
2820000
BANKATLANTIC BANCORP           CONV             065908ac9     1759  2255000 PRN      SOLE
2255000
BELL ATLANTIC FINANCIAL        CONV             07785gab6      850   850000 PRN      SOLE
850000
CAMDEN PROPERTY TRUST          CONV             133131aa0      350   315000 PRN      SOLE
315000
CAPSTAR HOTEL                  CONV             140918ac7     1493  2060000 PRN      SOLE
2060000
CHARMING SHOPPES               CONV             161133aa1     2020  2160000 PRN      SOLE
2160000
DIAMOND OFFSHORE               CONV             25271caa0     1765  1675000 PRN      SOLE
1675000
EMCOR GROUP                    CONV             29084qac4     2043  2280000 PRN      SOLE
2280000
FIELDCREST CANNON              CONV             316549ab0       18    25000 PRN      SOLE
25000
HEALTHCARE REALTY TRUST        CONV             421946aa2     2079  2260000 PRN      SOLE
2260000
HILTON HOTELS                  CONV             432848a13     1515  1870000 PRN      SOLE
1870000
INTERIM SERVICES               CONV             45868paa8      280   350000 PRN      SOLE
350000
KELLSTROM INDUSTRIES           CONV             488035ae6     1581  2300000 PRN      SOLE
2300000
L T C PROPERTIES               CONV             502175ac6     1465  1575000 PRN      SOLE
1575000
MAY & SPEH                     CONV             577777aa3      571   500000 PRN      SOLE
500000
MEDITRUST                      CONV             58501taa6       24    25000 PRN      SOLE
25000
NATIONAL DATA                  CONV             635621aa3     1643  1910000 PRN      SOLE
1910000
PARKER DRILLING                CONV             701081ad3     1297  1715000 PRN      SOLE
1715000
PNC FINANCIAL                  CONV             693475aa3      117    25000 PRN      SOLE
25000
REPTRON ELECTRONICS            CONV             76026waa7     1517  3035000 PRN      SOLE
3035000
REPUBLIC OF ITALY              CONV             46540aq18     2802  1240000 PRN      SOLE
1240000
ROBBINS & MYERS                CONV             770196aa1     1701  2025000 PRN      SOLE
2025000
SBS BROADCASTING               CONV             805906ac8     2655  1870000 PRN      SOLE
1870000
SOUTHERN MINERAL               CONV             843367aa1      720  1985000 PRN      SOLE
1985000
STANDARD MOTOR PRODUCTS        CONV             853666ab1     1686  1900000 PRN      SOLE
1900000
SYSTEM SOFTWARE                CONV             871839aa4      682  1720000 PRN      SOLE
1720000
</TABLE>




FORM 13F SUMMARY PAGE

Number of Other Included Managers:

Form 13F Information Table Entry Total: 140

Form 13F Information Table Value Total:  $213353

List of Other Included Managers:  None



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission