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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
BALDWIN PIANO & ORGAN COMPANY
- ----------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ----------------------------------------------------------------------
(Title of Class of Securities)
058246109
- ----------------------------------------------------------------------
(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).
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CUSIP NO. 058246109
- ----------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. or I.R.S. Identification No. of above person
COLUMBIA MANAGEMENT CO.
- ----------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- ----------------------------------------------------------------------
3. SEC USE ONLY
- ----------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
OREGON
- ----------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5. SOLE VOTING POWER
---------------------------------------------------------------
6. SHARED VOTING POWER
---------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
---------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
NONE
- ----------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
NONE
- ----------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
- ----------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
NONE
- ----------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IA
- ----------------------------------------------------------------------<PAGE>
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Item 1(a). Name of Issuer
- --------- --------------
Baldwin Piano & Organ Company
Item 1(b). Address of Issuer's Principal Executive Offices
- --------- -----------------------------------------------
422 Wards Corner Road
Loveland, OH 45140-8390
Item 2(a). Names of Persons Filing
- --------- -----------------------
This Schedule 13G is filed on behalf of Columbia
Management Co. (CMC).
Item 2(b). Address of Principal Business Office, or if
- --------- none, Residence
-------------------------------------------
1300 SW Sixth Avenue
PO Box 1350
Portland, OR 97207
Item 2(c). Citizenship
- --------- -----------
CMC is a corporation incorporated under the laws of
Oregon.
Item 2(d). Title of Class of Securities
- --------- ----------------------------
Common Stock, $.01 par value
Item 2(e). CUSIP NUMBER
- --------- ------------
058246109
Item 3. Type of Reporting Person
- ------ ------------------------
(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) [XX] 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)<PAGE>
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Item 4. Ownership:
- ------ ---------
CMC did not own any of the Issuer's Common Stock as of
December 31, 1994.
Item 5. Ownership of Five Percent or Less of a Class
- ------ --------------------------------------------
See Item 4.
Item 6. Ownership of More than Five Percent on Behalf of
- ------ Another Person
------------------------------------------------
INAPPLICABLE
Item 7. Identification and Classification of the Subsidiary
- ------ Which Acquired the Security Being Reported on By the
Parent Holding Company
----------------------------------------------------
INAPPLICABLE
Item 8. Identification and Classification of Members of the
- ------ Group
---------------------------------------------------
INAPPLICABLE
Item 9. Notice of Dissolution of Group
- ------ ------------------------------
INAPPLICABLE
Item 10. Certification
- ------- -------------
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.
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 6, 1995
COLUMBIA MANAGEMENT CO.
GEORGE L. HANSETH
---------------------------------
George L. Hanseth, Vice President
