UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20594
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 6 )*
Bearings, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
074005208
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the
class of securities described in Item 1: and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less
of such class.) (See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
<PAGE>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Capital Group Companies, Inc.
86-0206507
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
5 SOLE VOTING POWER
275,950
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALL NONE
Y OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 890,000
8 SHARED DISPOSITIVE POWER
NONE
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
890,000 Beneficial ownership disclaimed pursuant to Rule 13d-4
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.2%
12 TYPE OF REPORTING PERSON*
HC
* SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Amendment No. 6
Item 1(a) Name of Issuer:
Bearings, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
3600 Euclid Avenue
Cleveland, OH 44115
Item 2(a) Name of Person(s) Filing:
The Capital Group Companies, Inc.
Item 2(b) Address of Principal Business Office:
333 South Hope Street
Los Angeles, CA 90071
Item 2(c) Citizenship: N/A
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
074005208
Item 3 The person(s) filing is(are):
(g) [X] Parent Holding Company in accordance with Section
240.13d-1(b)(1)(ii)(G).
Item 4 Ownership
The Capital Group Companies, Inc., is the parent holding company of
a group of investment management companies that hold investment
power and, in some cases, voting power over the securities reported
in this Schedule 13G. The investment management companies, which
include a "bank" as defined in Section 3(a)6 of the Securities
Exchange Act of 1934 (the "Act") and several investment advisers
registered under Section 203 of the Investment Advisers Act of
1940, provide investment advisory and management services for their
respective clients which include registered investment companies
and institutional accounts. The Capital Group Companies, Inc. does
not have investment power or voting power over any of the
securities reported herein; however, The Capital Group Companies,
Inc., may be deemed to "beneficially own" such securities by virtue
of Rule 13d-3 under the Act.
Item 5 Ownership of 5% or Less of a Class: [ ]
Item 6 Ownership of More than 5% on Behalf of Another Person: N/A
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
1. Capital Research and Management Company is an Investment Adviser
registered under Section 203 of the Investment Advisers Act of
1940 and is a wholly owned subsidiary of The Capital Group
Companies, Inc.
2. Capital Guardian Trust Company is a bank as defined in Section
3(a)(6) of the Act and a wholly owned subsidiary of The Capital
Group Companies, Inc.
Item 8 Identification and Classification of Members of the Group: N/A
Item 9 Notice of Dissolution of the Group: N/A
Item 10Certification
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
purpose 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.
Date: February 10, 1997
Signatu *Larry P. Clemmensen
re:
Name/Ti Larry P. Clemmensen, President
tle:
The Capital Group Companies, Inc.
*By
James P. Ryan
Attorney-in-fact
Signed pursuant to a Power of Attorney dated April 29,
1996 included as an Exhibit to Schedule 13G filed with the
Securities and Exchange Commission by The Capital Group
Companies, Inc. on May 8, 1996 with respect to AnnTaylor
Stores Corporation.
Corporation.
