UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 1999
Institutional Investment Manager Filing this Report:
The Robert Bruce Management Company, Inc.
96 Spring Street
P. O. Box 252
South Salem, NY 10590
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 is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Name of institutional investment manager and person duly
authorized to submit and sign this report:
Robert W. Bruce, III
President
914 763-6168
96 Spring Street
South Salem, NY 10590
Report Type: 13F Holdings Report
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 13
Form 13F Information Table Value Total: $633,664
<PAGE>
<TABLE>
<CAPTION>
FORM 13F INFORMATIONAL TABLE
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE
SHARES SH/ PUT/INVSTMT OTHER VOTING AUTHORITY
(x $1000)
PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
<S> <C> <C> <C>
<C> <C> <C> <C> <C> <C> <C> <C>
AMERADA HESS CORP COM 023551104 72181
1418800 OTHER 1418800
FLORIDA EAST COAST INDUSTRIES COM 340632108 34375
1148200 OTHER 1148800
IMC GLOBAL WARRANTS WARRANTS 449669118 184
420000 OTHER 420000
LONE STAR TECHNOLOGIES, INC. COM 542312103 117165
9012672 OTHER 9012672
LIZ CLAIBORNE COM 539320101 21833
669200 0THER 669200
</TABLE>
