UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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: Shuman & Schneider Investment Counsel
A Corporation
Address: 44 Montgomery Street
Suite 3710
San Francisco, CA 94104
13F File Number: 801-14753
The institutional investment manager filing this report and
the person by whom it is signed hereby represent that that person
signing the report is authorized to submit it, that all
information contained here in 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: John R. Shuman
Title: President
Phone: 415-788-1172
Signature, Place, and Date of Signing:
John R. Shuman, San Francisco, California, April 27, 1999
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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VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
<C> <C>
D ABBOTT LABS COM 002824100 1713 36600 SH SOLE 36600
D AETNA INC. COM 008117103 1367 16475 SH SOLE 16475
D AFLAC, INC. COM 001055102 493 9054 SH SOLE 9054
D AIRTOUCH COMMUNICATIONS COM 00949T100 3000 31046 SH SOLE 31046
D ALLIED IRISH BANKS ADS COM 019228402 1214 11730 SH SOLE 11730
D ALLIED SIGNAL INC COM 019512102 291 5924 SH SOLE 5924
D ALLSTATE CORP. COM 020002101 2518 67928 SH SOLE 67928
D AMERICAN EXPRESS CO COM 025816109 1416 12024 SH SOLE 3000 9024
D AMERICAN HOME PRODS CP COM 026609107 15150 232180 SH SOLE 4000 228180
D AMERICAN INTL GROUP COM 026874107 7971 66077 SH SOLE 66077
D AMERITECH CORP COM 030954101 397 6896 SH SOLE 6896
D ASSOCIATES FIRST CAPITAL CORP COM 046008108 1922 42702 SH SOLE 2620 40082
D AT&T CORP. COM 001957109 5394 67585 SH SOLE 4500 63085
D BANKAMERICA CORP NEW COM 06605F102 1162 16454 SH SOLE 16454
D BELL ATLANTIC CORP COM 077853109 214 4144 SH SOLE 4144
D BELLSOUTH CORP COM 079860102 899 22452 SH SOLE 22452
D BERKSHIRE HATHAWAY INC DEL CL COM 084670108 286 4 SH SOLE 4
D BERKSHIRE HATHAWAY INC DEL CL COM 084670207 571 243 SH SOLE 63 180
D BOEING CO COM 097023105 2231 65618 SH SOLE 5168 60450
D BP AMOCO PLC SPONSORED ADR COM 055622104 1236 12238 SH SOLE 12238
D BRE PROPERTIES INC CL A COM 05564E106 701 31000 SH SOLE 9200 21800
D BRISTOL MYERS SQUIBB COM 110122108 2763 43092 SH SOLE 43092
D CAMPBELL SOUP CO COM 134429109 260 6400 SH SOLE 6400
D CATERPILLAR INC DEL COM 149123101 342 7440 SH SOLE 7440
D CHARLES SCHWAB CORP. COM 808513105 769 8000 SH SOLE 8000
D CHEVRON CORPORATION COM 166751107 9086 102378 SH SOLE 1000 101378
D CHUBB CORP COM 171232101 2840 48500 SH SOLE 2000 46500
D CITIGROUP INC. COMMON COM 172967101 690 10800 SH SOLE 2412 8388
D COLGATE PALMOLIVE CO COM 194162103 2346 25500 SH SOLE 25500
D COMERICA INC COM 200340107 5724 91682 SH SOLE 91682
D DAYTON HUDSON CORP COM 239753106 440 6600 SH SOLE 6600
D DEERE & CO COM 244199105 1916 49600 SH SOLE 4600 45000
D DIONEX CORP COM 254546104 1159 30700 SH SOLE 2000 28700
D DISNEY WALT CO DEL COM 254687106 5843 187740 SH SOLE 187740
D DOW CHEM CO COM 260543103 425 4563 SH SOLE 4563
D DU PONT E I DE NEMOURS COM 263534109 1504 25900 SH SOLE 2000 23900
D EASTMAN KODAK CO COM 277461109 1465 22934 SH SOLE 3700 19234
D EDISON INTERNATIONAL COM 783882103 1258 56560 SH SOLE 2000 54560
D EXXON CORP COM 302290101 7026 99576 SH SOLE 2000 97576
D F M C CORP COM 302491303 3728 75505 SH SOLE 75505
D FIRST AUSTRALIA FUND COM 318652104 158 21360 SH SOLE 15257 6103
D FIRSTAR CORP COM 33763V109 7321 81800 SH SOLE 2500 79300
D FORD MTR CO DEL COM 345370100 4620 81500 SH SOLE 5000 76500
D GENERAL ELEC CO COM 369604103 32386 292757 SH SOLE 4800 287957
D GENERAL MLS INC COM 370334104 280 3711 SH SOLE 3711
D GENERAL MTRS CORP COM 370442105 367 4224 SH SOLE 500 3724
D GERMANY FUND COM 374143105 321 25194 SH SOLE 11823 13371
D GILLETTE CO. COM 375766102 238 4000 SH SOLE 4000
D GTE CORP COM 362320103 532 8798 SH SOLE 2500 6298
D HARTFORD FINANCIAL SERVICES GR COM 416515104 205 3600 SH SOLE 3600
D HEINZ H J CO COM 423074103 874 18450 SH SOLE 18450
D HERSHEY FOODS CORP. COM 427866108 2422 43200 SH SOLE 4000 39200
D HEWLETT PACKARD CO COM 428236103 5750 84800 SH SOLE 84800
D HONEYWELL INC COM 438506107 834 11000 SH SOLE 11000
D INGERSOLL RAND CO COM 456866102 1522 30675 SH SOLE 2400 28275
D INTERNATIONAL BUS MACH COM 459200101 19261 108666 SH SOLE 4300 104366
D INTERNATIONAL PAPER CO COM 460146103 5359 127020 SH SOLE 4000 123020
D INTERPUBLIC GROUP COS. COM 468690100 234 3000 SH SOLE 3000
D JOHNSON & JOHNSON COM 478160104 1717 18360 SH SOLE 18360
D K MART CORP COM 482584109 182 10800 SH SOLE 2400 8400
D KELLOGG CO COM 487836108 216 6400 SH SOLE 6400
D LILLY ELI & CO COM 532457108 12205 143805 SH SOLE 2400 141405
D LINCOLN NATL CORP IND COM 534187109 2227 22527 SH SOLE 22527
D LUCENT TECHNOLOGIES COM 549463107 3750 34724 SH SOLE 1684 33040
D MARSH & MCLENNAN COS COM 571748102 390 5250 SH SOLE 5250
D MCDONALDS CORP COM 580135101 11624 256520 SH SOLE 5000 251520
D MCGRAW HILL INC COM 580645109 381 7000 SH SOLE 7000
D MERCK & CO INC COM 589331107 2403 29990 SH SOLE 29990
D MICROSOFT CORP. COM 594918104 914 10200 SH SOLE 10200
D MINNESOTA MNG & MFG CO COM 604059105 8392 118618 SH SOLE 3300 115318
D MOBIL CORP COM 607059102 2834 32200 SH SOLE 32200
D MORGAN J P & CO INC COM 616880100 6527 52900 SH SOLE 250 52650
D MORGAN STANLEY DEAN WITTER & C COM 617446448 6410 64136 SH SOLE 64136
D MOTOROLA, INC. COM 620076109 447 6100 SH SOLE 6100
D NORDSTROM, INC. COM 655664100 801 19600 SH SOLE 19600
D NORFOLK SOUTHERN CORP COM 655844108 4809 182350 SH SOLE 3750 178600
D P G & E CORPORATION COM 694308107 735 23646 SH SOLE 23646
D PENNEY J C INC COM 708160106 2089 51580 SH SOLE 2400 49180
D PEPSICO INC COM 713448108 1006 25660 SH SOLE 25660
D PFIZER INC COM 717081103 2456 17700 SH SOLE 17700
D PNC FINL CORP COM 693475105 500 9000 SH SOLE 9000
D PROCTER & GAMBLE CO COM 742718109 24779 253006 SH SOLE 2000 251006
D ROCKWELL INTL CRP NEW COM 773903109 208 4900 SH SOLE 3500 1400
D ROYAL DUTCH PETE CO COM 780257804 9071 174442 SH SOLE 4600 169842
D SALOMON BROS. FUND INC. COM 654 36721 SH SOLE 10222 26499
D SARA LEE CORP COM 803111103 465 18800 SH SOLE 10000 8800
D SBC COMMUNICATIONS INC. COM 845333103 2545 53931 SH SOLE 53931
D SCHERING PLOUGH CORP COM 806605101 3180 57550 SH SOLE 57550
D SCHLUMBERGER LTD COM 806857108 460 7650 SH SOLE 7650
D SEARS ROEBUCK & CO COM 812387108 1896 41948 SH SOLE 41948
D SMITHKLINE BEECHAM ADR ORD COM 832378301 273 3824 SH SOLE 3824
D SPRINT CORP. COM 852061100 238 2424 SH SOLE 2424
D STANDARD & POOR'S DEP RECPTS COM 78462F103 1549 12064 SH SOLE 10000 2064
D STATE STREET BOSTON CORP. COM 857477103 237 2880 SH SOLE 2880
D TIMKEN CO COM 887389104 234 14400 SH SOLE 14400
D UNILEVER N V COM 904784501 2310 34772 SH SOLE 2500 32272
D UNION PAC CORP COM 907818108 3102 58040 SH SOLE 4000 54040
D UNION PACIFIC RESOURCES GROUP COM 907834105 282 23714 SH SOLE 23714
D UNITED TECHNOLOGIES CP COM 913017109 1029 7600 SH SOLE 7600
D WALGREEN CO COM 931422109 1531 54200 SH SOLE 54200
D WEIS MKTS INC COM 948849104 1562 42786 SH SOLE 1200 41586
D WELLS FARGO & CO NEW DEL COM 949746101 9705 276800 SH SOLE 4000 272800
D WILLIAMS COS INC DEL COM 969457100 381 9657 SH SOLE 9657
D MEDITRUST CORP. UNSUPERVISED ASS 58501t306 311 25000 SH SOLE 25000
D PHILIP MORRIS COS INC UNSUPERVISED ASS 718154107 1522 43252 SH SOLE 43252
D PULSEPOINT COMMUNICATIONS UNSUPERVISED ASS 745913103 42 10000 SH SOLE 10000
D SMTEK INTERNATIONAL INC. UNSUPERVISED ASS 832688105 9 28450 SH SOLE 28450
D SCUDDER INTERNATIONAL FUND MUTFUNDS 811165109 2744 54797.760SH SOLE 54797.760
D T. ROWE PRICE INTERNATIONAL ST MUTFUNDS 77955h204 2743 180724.525SH SOLE 180724.525
D VANGUARD INDEX 500 MUTFUNDS 922908108 4750 39945.789SH SOLE 39945.789
D VANGUARD INDEX TR SMALL CAPITA MUTFUNDS 922908702 235 11834.732SH SOLE 11834.732
D VANGUARD INDEX TRUST EXTENDED MUTFUNDS 922908207 6762 235121.814SH SOLE 235121.814
D VANGUARD INSTITUTIONAL 500 IND MUTFUNDS 922040100 21129 179409.897SH SOLE 179409.897
D VANGUARD INTERNATIONAL GROWTH MUTFUNDS 921910204 470 25315.052SH SOLE 25315.052
S REPORT SUMMARY 114 DATA RECORDS 361838 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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