ADVANCE ROSS CORP
10-C, 1995-08-09
INDUSTRIAL & COMMERCIAL FANS & BLOWERS & AIR PURIFING EQUIP
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                                                            OMB APPROVAL
                                                    ---------------------------
             UNITED STATES                          OMB NUMBER:       3235-0191
    SECURITIES AND EXCHANGE COMMISSION              Expires:  November 30, 1996
          WASHINGTON, D.C. 20549                    Estimated average burden
                                                    hours per response . . 0.20
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                                  FORM 10-C

               REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                         INTERDEALER QUOTATION SYSTEM
                                      
 FILED PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
                     AND RULE 13A-17 OR 15D-7 THEREUNDER

                           ADVANCE ROSS CORPORATION
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                (Exact name of issuer as specified in charter)

       233 South Wacker Drive, Suite 9700, Chicago, Illinois 60606-6502
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                   (Address of principal executive offices)

Issuer's telephone number, including area code (312) 382-1100
                                               --------------------------------

                  I. CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:

1. Title of security   Common Stock
                      ---------------------------------------------------------

2. Number of shares outstanding before the change   3,532,337
                                                   ----------------------------

3. Number of shares outstanding after the change   7,064,674
                                                  -----------------------------

4. Effective date of change   August 25, 1995
                             --------------------------------------------------
5. Method of change:
   Specify method (such as merger, acquisition, exchange, distribution, stock
   split, reverse split, acquisition of stock for treasury, etc.): 
   Stock split in form of a 100% stock dividend
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   Give brief description of transaction:  A common stock split done as a 100%
                                          -------------------------------------
   stock dividend to holders of record as of August 25, 1995
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                         II. CHANGE IN NAME OF ISSUER

1. Name prior to change 
                        -------------------------------------------------------

2. Name after change 
                     ----------------------------------------------------------

3. Effective date of charter amendment changing name 
                                                     --------------------------

4. Date of shareholder approval of change, if required
                                                       ------------------------

Date  August 9, 1995                     /s/ RANDY M. JOSEPH
     -----------------------             --------------------------------------
                                         Randy M. Joseph, Vice President, Chief
                                         Financial Officer and Treasurer



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