UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: Spare, Kaplan, Bischel & Associates
Address: 44 Montgomery Street
Suite 3500
San Francisco, CA 94104
13F File Number: 28-4530
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: Shelley Mann
Title: Director of Trading
Phone: 415-989-7852
Signature, Place, and Date of Signing:
Shelley Mann San Francisco, California May 13, 1999
Report Type (check only one):
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager: None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 134
Form 13F Information Table Value Total: $1,111,446
List of Other Included Managers: None
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NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K)SH/P AMTS/P P/C INV DSC SOLE SHARED NONE
AT&T CORP COMMON 1957109 503 6300SH SOLE 2800 0 3500
ACUSON CORP COMMON 5113105 391 26200SH SOLE 1700 0 24500
ALLERGAN INC COMMON 18490102 721 8200SH SOLE 900 0 7300
ALLTEL CORP COMMON 20039103 1603 25700SH SOLE 18600 0 7100
ALZA CORP COMMON 22615108 428 11200SH SOLE 800 0 10400
AMEREN CORP COMMON 23608102 9760 269695SH SOLE 110075 0 159620
AMERICAN GENERAL CORP COMMON 26351106 17893 253795SH SOLE 110965 0 142830
AMERICAN HOME PRODS CORP COMMON 26609107 809 12400SH SOLE 9300 0 3100
AMERITECH CORP NEW COMMON 30954101 9966 172948SH SOLE 71940 0 101008
AMP INC COMMON 31897101 1674 31287SH SOLE 21087 0 10200
ARCH CHEMICALS INC COMMON 03937R102 2347 140140SH SOLE 109240 0 30900
ARMSTRONG WORLD INDS INC COMMON 42476101 10056 222535SH SOLE 96035 0 126500
ARROW ELECTRS INC COMMON 42735100 240 16000SH SOLE 16000 0 0
ATLANTIC RICHFIELD CO COMMON 48825103 45170 617704SH SOLE 260044 0 357660
AVERY DENNISON CORP COMMON 53611109 351 6100SH SOLE 0 0 6100
BP AMOCO P L C DEPOSITORY RECEI 55622104 23161 229315SH SOLE 102447 0 126868
BALTIMORE GAS & ELEC CO COMMON 59165100 12619 497290SH SOLE 217240 0 280050
BANK ONE CORP COMMON 06423A103 25150 456748SH SOLE 206236 0 250512
BANKAMERICA CORP NEW COMMON 06605F102 696 9850SH SOLE 2900 0 6950
BANKERS TR CORP COMMON 66365107 4192 47500SH SOLE 19800 0 27700
BELL ATLANTIC CORP COMMON 77853109 31819 615606SH SOLE 267536 0 348070
BLOCK H & R INC COMMON 93671105 22332 471382SH SOLE 221382 0 250000
BRISTOL MYERS SQUIBB CO COMMON 110122108 641 10000SH SOLE 8200 0 1800
BROWNING FERRIS INDS COMMON 115885105 8193 212460SH SOLE 94560 0 117900
CMS ENERGY CORP COMMON 125896100 712 17700SH SOLE 13200 0 4500
CALLAWAY GOLF CO COMMON 131193104 302 29600SH SOLE 29600 0 0
CHEVRON CORPORATION COMMON 166751107 25099 282805SH SOLE 123755 0 159050
CHIRON CORP COMMON 170040109 395 17988SH SOLE 2200 0 15788
CHUBB CORP COMMON 171232101 223 3800SH SOLE 3800 0 0
CLAIRE'S STORES INC COMMON 179584107 810 26900SH SOLE 26900 0 0
CONSOLIDATED EDISON INC COMMON 209115104 9919 218900SH SOLE 97400 0 121500
CONSOLIDATED NAT GAS COMMON 209615103 14899 306004SH SOLE 130294 0 175710
CONSOLIDATED PAPERS INC COMMON 209759109 289 12300SH SOLE 3400 0 8900
COOPER INDS INC COMMON 216669101 7479 175450SH SOLE 66600 0 108850
DALLAS SEMICONDUCTOR COR COMMON 235204104 340 8800SH SOLE 8800 0 0
DANA CORP COMMON 235811106 17884 470630SH SOLE 171230 0 299400
DELUXE CORP COMMON 248019101 601 20635SH SOLE 6770 0 13865
DEXTER CORP COMMON 252165105 630 20000SH SOLE 5000 0 15000
DIEBOLD INC COMMON 253651103 1702 70900SH SOLE 50800 0 20100
DOW CHEMICAL COMPANY COMMON 260543103 29327 314706SH SOLE 140181 0 174525
DU PONT E I DE NEMOURS & COMMON 263534109 327 5634SH SOLE 5634 0 0
DUKE ENERGY CORP COMMON 264399106 15318 279467SH SOLE 117817 0 161650
DUN & BRADSTREET CORP COMMON 26483B106 25854 725739SH SOLE 326189 0 399550
EASTMAN CHEM CO COMMON 277432100 30809 732458SH SOLE 315958 0 416500
EASTMAN KODAK CO COMMON 277461109 377 5900SH SOLE 3000 0 2900
FEDERAL NATL MTG ASSN COMMON 313586109 339 4900SH SOLE 4900 0 0
FEDERAL SIGNAL CORP COMMON 313855108 13818 661960SH SOLE 269640 0 392320
FIRST UN CORP COMMON 337358105 15981 299053SH SOLE 129367 0 169686
FLORIDA PROGRESS CORP COMMON 341109106 12213 323521SH SOLE 144121 0 179400
FORD MTR CO DEL COMMON 345370100 25088 442570SH SOLE 196220 0 246350
FORTUNE BRANDS INC COMMON 349631101 9519 247244SH SOLE 97139 0 150105
GTE CORP COMMON 362320103 26516 438289SH SOLE 186499 0 251790
GARTNER GROUP INC NEW COMMON 366651107 474 21000SH SOLE 21000 0 0
GENERAL ELEC CO COMMON 369604103 808 7300SH SOLE 6500 0 800
GENERAL MILLS INC COMMON 370334104 16026 212095SH SOLE 93295 0 118800
GENERAL MTRS CORP COMMON 370442105 15785 181433SH SOLE 75633 0 105800
GENUINE PARTS CO COMMON 372460105 9166 318110SH SOLE 120510 0 197600
GOLDEN WEST FINL CORP DE COMMON 381317106 458 4800SH SOLE 0 0 4800
GOODRICH B F CO COMMON 382388106 18396 536120SH SOLE 226920 0 309200
HCC INS HLDGS INC COMMON 404132102 398 20700SH SOLE 15500 0 5200
HSB GROUP INC COMMON 40428N109 239 6450SH SOLE 6450 0 0
HARRIS CORP DEL COMMON 413875105 813 28400SH SOLE 19600 0 8800
HASBRO INC COMMON 418056107 586 20250SH SOLE 20250 0 0
HEXCEL CORP NEW COMMON 428291108 257 35439SH SOLE 2400 0 33039
INTERNATIONAL BUS MACH COMMON 459200101 319 1800SH SOLE 1800 0 0
INTL FLAVORS FRAGRANCE COMMON 459506101 22551 600360SH SOLE 268360 0 332000
INTERNATIONL GAME TECH COMMON 459902102 186 12700SH SOLE 1000 0 11700
INTUIT COMMON 461202103 987 9700SH SOLE 3900 0 5800
KIMBERLY CLARK CORP COMMON 494368103 853 17800SH SOLE 12900 0 4900
LG&E ENERGY CORP COMMON 501917108 601 28900SH SOLE 14100 0 14800
LIMITED INC COMMON 532716107 333 8400SH SOLE 8200 0 200
LIZ CLAIBORNE INC COMMON 539320101 375 11500SH SOLE 11500 0 0
LUBRIZOL CORP COMMON 549271104 14150 628875SH SOLE 275875 0 353000
LUBYS INC COMMON 549282101 533 31600SH SOLE 11800 0 19800
MANPOWER INC COMMON 56418H100 867 37100SH SOLE 20700 0 16400
MARSH & MCLENNAN COS INC COMMON 571748102 22991 309645SH SOLE 147145 0 162500
MCDONALDS CORP COMMON 580135101 399 8800SH SOLE 8800 0 0
MEDIAONE GROUP INC COMMON 58440J104 711 11200SH SOLE 11200 0 0
MELLON BK CORP COMMON 585509102 21667 307880SH SOLE 136590 0 171290
MERCURY GENL CORP NEW COMMON 589400100 9730 279000SH SOLE 124900 0 154100
MINNESOTA MNG & MFG CO COMMON 604059105 7896 111610SH SOLE 47910 0 63700
MOBIL CORP COMMON 607059102 7827 88945SH SOLE 38245 0 50700
MORGAN J P & CO INC COMMON 616880100 13210 107073SH SOLE 44028 0 63045
MOTOROLA INC COMMON 620076109 330 4500SH SOLE 4500 0 0
NCR CORP NEW COMMON 6.29E+112 390 7800SH SOLE 7800 0 0
NALCO CHEM CO COMMON 629853102 12499 470560SH SOLE 185260 0 285300
NATIONAL CITY CORP COMMON 635405103 5457 82210SH SOLE 35220 0 46990
NEW CENTURY ENERGIES COMMON 64352U103 8716 255870SH SOLE 104020 0 151850
NICOR INC COMMON 654086107 13952 388235SH SOLE 164905 0 223330
NIKE INC CL B CL B 654106103 346 6000SH SOLE 6000 0 0
NORTHN STS PWR CO MINN COMMON 665772109 9188 396230SH SOLE 168830 0 227400
NUCOR CORP COMMON 670346105 220 5000SH SOLE 5000 0 0
OGE ENERGY CORP COMMON 670837103 6933 307280SH SOLE 126980 0 180300
OLIN CORP COM PAR $1 680665205 2821 280340SH SOLE 218540 0 61800
PNC BANK CORP COMMON 693475105 18139 326470SH SOLE 137380 0 189090
P P & L RES INC COMMON 693499105 252 10200SH SOLE 3500 0 6700
PENNEY J C INC COMMON 708160106 21759 537270SH SOLE 224550 0 312720
PHARMACIA & UPJOHN INC COMMON 716941109 18892 302882SH SOLE 131202 0 171680
PHELPS DODGE CORP COMMON 717265102 9899 201000SH SOLE 91200 0 109800
PHILIP MORRIS COS COMMON 718154107 21238 603562SH SOLE 267121 0 336441
PHILLIPS PETE CO COMMON 718507106 21451 453980SH SOLE 204230 0 249750
POTLATCH CORP COMMON 737628107 9631 283790SH SOLE 116810 0 166980
PROCTER & GAMBLE CO COMMON 742718109 519 5300SH SOLE 5300 0 0
RJR NABISCO HOLDINGS COM NEW 74960K876 386 15429SH SOLE 15429 0 0
RAYCHEM CORP DEL COMMON 754603108 463 20500SH SOLE 7200 0 13300
READERS DIGEST ASSN INC CL A NON VTG 755267101 365 11600SH SOLE 11600 0 0
REEBOK INTL LTD COMMON 758110100 176 11100SH SOLE 11100 0 0
RIMAGE CORP COMMON 766721104 168 11600SH SOLE 11600 0 0
ROGERS CORP COMMON 775133101 423 17100SH SOLE 6600 0 10500
SBC COMMUNICATIONS INC COMMON 78387G103 657 13932SH SOLE 5752 0 8180
SAFECO CORP COMMON 786429100 16664 412090SH SOLE 158540 0 253550
SEQUENT COMPUTER SYS INC COMMON 817338106 202 22300SH SOLE 1800 0 20500
SONAT INC COMMON 835415100 690 23000SH SOLE 13300 0 9700
SOUTHERN CO COMMON 842587107 5416 232330SH SOLE 100830 0 131500
SOUTHWALL TECHNOLOGIES I COMMON 844909101 116 43100SH SOLE 5200 0 37900
STANLEY WKS COMMON 854616109 15145 591030SH SOLE 252480 0 338550
TRW INC COMMON 872649108 592 13000SH SOLE 9700 0 3300
TEMPLE INLAND INC COMMON 879868107 8509 135600SH SOLE 57900 0 77700
TERADYNE INC COMMON 880770102 327 6000SH SOLE 700 0 5300
TEXACO INC COMMON 881694103 21360 376388SH SOLE 157128 0 219260
TEXAS UTILS CO COMMON 882848104 9137 217550SH SOLE 88620 0 128930
THOMAS & BETTS CORP COMMON 884315102 1059 28200SH SOLE 16600 0 11600
TRICON GLOBAL RESTAURANT COMMON 895953107 639 9100SH SOLE 9100 0 0
U S T INC COMMON 902911106 20084 768765SH SOLE 350745 0 418020
USX-U S STL COMMON 90337T101 6156 261965SH SOLE 122415 0 139550
UNION CAMP CORP COMMON 905530101 27336 407244SH SOLE 172300 0 234944
UNION CARBIDE CORP COMMON 905581104 258 5700SH SOLE 5700 0 0
U S WEST INC NEW COMMON 91273H101 31188 566418SH SOLE 264942 0 301476
WASTE MGMT INC DEL COMMON 94106L109 389 8772SH SOLE 8772 0 0
WESTERN RES INC COMMON 959425109 239 8950SH SOLE 4000 0 4950
WEYERHAEUSER CO COMMON 962166104 26577 478870SH SOLE 217430 0 261440
WHIRLPOOL CORP COMMON 963320106 15733 289350SH SOLE 115700 0 173650
WISCONSIN ENERGY CORP COMMON 976657106 10053 385724SH SOLE 156674 0 229050
WITCO CORP COMMON 977385103 1230 97439SH SOLE 61749 0 35690
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