CHRIS CRAFT INDUSTRIES INC
SC 13G/A, 2000-02-14
TELEVISION BROADCASTING STATIONS
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<PAGE>
             SECURITIES AND EXCHANGE COMMISSION
                   Washington, D.C. 20549


                        SCHEDULE 13G
                     (Amendment No. 21)

   INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
        UNDER THE SECURITIES AND EXCHANGE ACT OF 1934

                Chris-Craft Industries, Inc.
                      (Name of Issuer)

   $1.40 Cumulative Convertible Preferred Stock, par value
      $1.00 per share; Class B Common Stock, par value
 $.50 per share; and Common Stock, par value $.50 per share
               (Title of Class of Securities)

          170520-30-8; 170520-50-6;  and  170520-10-0
                       (CUSIP Number)

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.


               (Continued on following pages)
<PAGE>
CUSIP No. 170520-30-8,     13G       Page 2 of 6 Pages
          170520-50-6, and
          170520-10-0,

1)  Name of Reporting Person:  Herbert J. Siegel
    SS or IRS Identification No. of Above Person:

2)  Check the Appropriate Box if a Member of a Group
    (See Instructions)

(a)  /  /

(b)  /  /

3)  SEC Use Only ........................................

4)  Citizenship or Place of Organization:  United States
    of America

               5)   Sole Voting Power:  142,569 shares of
                    $1.40 Convertible Preferred Stock,
                    4,872,845 shares of Class B Common
                    Stock, and 6,886,706 shares
Number of           of Common Stock
Shares Bene-   6)   Shared Voting Power: None
ficially
Owned by
Each Reporting
Person with    7)   Sole Dispositive Power:  142,569 shares
                    of $1.40 Convertible Preferred Stock,
                    4,872,845 shares of Class B Common
                    Stock, and 6,886,706 shares of Common
                    Stock
               8)   Shared Dispositive Power: None

 9)  Aggregate Amount Beneficially Owned by Each Reporting
     Person:   142,569 shares of $1.40 Convertible Preferred
               Stock, 4,872,845 shares of Class B Common
               Stock, and 6,886,706 shares of Common Stock

10)  Check Box if the Aggregate Amount in Row 9 Excludes
     Certain Shares (See Instructions) ....................

11)  Percent of Class Represented by Amount in Row 9:
          60.8% of $1.40 Convertible Preferred Stock, 43.1%
          of Class B Common Stock, and 21.1% of Common Stock
<PAGE>
12)  Type of Reporting Person (See Instructions):
          IN

Item 1(a).     Name of Issuer:
               Chris-Craft Industries, Inc. ("Chris-
               Craft")

Item 1(b).     Address of Issuer's Principal Executive
Offices:
                 767 Fifth Avenue
                 New York, New York 10153

Item 2(a).     Name of Person Filing:
                 Herbert J. Siegel

Item 2(b).     Address of Principal Business Office or, if
               none, Residence:
                 Chris-Craft Industries, Inc.
                 767 Fifth Avenue
                 New York, New York 10153

Item 2(c).     Citizenship:
                 United States of America

Item 2(d).     Title of Class of Securities:

                              I
               Convertible Preferred Stock, $1.40 cumulative
               dividend, $1.00 par value, each share held on
               November 10, 1986 and either not subsequently
               transferred or transferred to a "Permitted
               Transferee" currently convertible into
               11.62760 shares of Class B Common Stock and
               23.25520 shares of Common Stock and each other
               share of $1.40 Convertible Preferred Stock
               currently convertible into 34.88280 shares of
               Common Stock ("$1.40 Convertible Preferred
               Stock")

                             II

               Class B Common Stock, $.50 par value, each
               share convertible into one share of Common
               Stock ("Class B Common Stock")

                             III

               Common Stock, $.50 par value ("Common Stock")
<PAGE>

Item 2(e).     CUSIP Number:

                    I ($1.40 Convertible Preferred Stock) --
                      170520-30-8

                    II (Class B Common Stock) -- 170520-50-6

                    III (Common Stock) -- 170520-10-0

Item 3.   If this statement is filed pursuant to Rules 13d-
          1(b), or 13d-2(b), check whether the person is a:
          Inapplicable.
<PAGE>
Item 4.   Ownership.
<TABLE>
<CAPTION>
                              I              II           III

                            $1.40
                            Convert-
                            ible           Class B
                            Preferred      Common        Common
                            Stock          Stock         Stock
<S>                         <C>            <C>           <C>
(a)  Amount Beneficially
     Owned (1):             142,569        4,872,845(2)  6,886,706(3)

(b)  Percent of Class
     (outstanding at
     December 31, 1999):    60.8%         43.1%         21.1%


 (c) Number of shares as
     to which such person
     has:

    (i)  sole power to
    vote or to direct
    the vote                142,569        4,872,845     6,866,706

    (ii)  shared power to
    vote or to direct
    the vote                --               --           --


   (iii)  sole power to
    dispose or to direct
    the disposition of      142,569       4,872,845     6,886,706

    (iv)  shared power to
    dispose or to di-
    rect the disposi-
    tion of                 --             --           --

<FN>

(1)  The figures exclude 72,057 shares of Class B Common Stock owned
     by Mr. Siegel's wife and 37,711 shares held by her as trustee.

(2)  Includes 3,315,471 shares issuable upon conversion of $1.40 Convertible
     Preferred Stock.

(3)  Includes 347,781 shares issuable upon exercise of an option exercisable
     within 60 days after December 31, 1999 and 6,530,580 shares issuable
     upon conversion of(i) $1.40 Convertible Preferred Stock and (ii) Class B
     Common Stock, including Class B Common Stock issuable upon conversion of
     $1.40 Convertible Preferred Stock.

</TABLE>

Item 5.   Ownership of Five Percent or Less of a Class.
          Inapplicable.

Item 6.   Ownership of More than Five Percent on Behalf of
          Another Person.
          See Note (1) to Item 4.

Item 7.   Identification and Classification of the Subsid-
          iary Which Acquired the Security Being Reported on
          By the Parent Holding Company.
          Inapplicable.
<PAGE>
Item 8.   Identification and Classification of Members of
          the Group.
          Inapplicable.

Item 9.   Notice of Dissolution of Group.
          Inapplicable.

Item 10.  Certification.
          Inapplicable.
<PAGE>

                         Signature

     After reasonable inquiry and to the best of my knowl-
edge and belief, I certify that the information set forth in
this statement is true, complete and correct.



Date:  February 10, 2000




/s/ Herbert J. Siegel
- ------------------------
     Signature



Herbert J. Siegel
     Name/Title





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