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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Westmoreland Coal Company
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(Name of Issuer)
Depository Shares, each representing one quarter of a share
Of Series A Convertible Exchangeable Preferred Stock
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(Title of Class of Securities)
960878304
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(CUSIP Number)
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1. NAME OF REPORTING PERSON
Riverside Capital Advisers, Inc.
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
59-2417036
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)[ ]
(b)[ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Florida, USA
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
BENEFICIALLY
OWNED BY 6. SHARED VOTING POWER
EACH 0
REPORTING
PERSON 7. SOLE DISPOSITIVE POWER
WITH 0
8. SHARED DISPOSITIVE POWER
0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0
12. TYPE OF REPORTING PERSON*
IA
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Item 1. (a) Name of Issuer
Westmoreland Coal Company
(b) Address of Issuer's Principal Executive Offices
2 N. Cascade Ave., 14th Floor, Colorado Springs, CO 80903
Item 2. (a) Name of Person Filing
Riverside Capital Advisers, Inc.
b) Address of Principal Business Office or, if none, Residence
1650 S.E. 17th St. Causeway, Suite 204
Fort Lauderdale, Florida 33316-1735
c) Citizenship
USA
d) Title of Class of Securities
Depository Shares
e) CUSIP Number
960878304
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in section 3(a)(19) of the
act
(d) [ ] Investment Company registered under section 8 of the
Investment Company Act
(e) [ X ] Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see section 240.13d-1(b)(1)
(ii)(F)
(g) [ ] Parent Holding Company' in accordance with section
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(H)
Item 4. Ownership
If the percent of the class owned, as December 31 of the year covered
by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.
a) Amount Beneficially Owned
0
b) Percent of Class
0
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c) Number of shares as to which such person has:
i) sole power to vote or to direct the vote
0
ii) shared power to vote or to direct the vote
0
iii) sole power to dispose or to direct the disposition of
0
iv) shared power to dispose or direct the disposition of
0
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following [ X ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
Not applicable
Item 8. Identification and Classification of Members of the Group
Not applicable
Item 9. Notice of Dissolution of Group
Not applicable
Item 10. Certification
The following certification shall be included if the statement is
filed pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
Signature. After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
Dated: December 23, 1998 Riverside Capital Advisers, Inc.
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By: /S/ Thomas P. Krasner
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Thomas P. Krasner, Vice President
