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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 16)*
FRIEDMAN INDUSTRIES, INCORPORATED
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(Name of Issuer)
COMMON STOCK, $1.00 PAR VALUE
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(Title of Class of Securities)
358435 10 5
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(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. 358435 10 5 13G Page 2 of 3 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jack Friedman, SS. No. ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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5 SOLE VOTING POWER
NUMBER OF 985,963 shares
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
Not Applicable
OWNED BY
------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 985,963 shares
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
Not Applicable
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
985,963 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.9%
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12 TYPE OF REPORTING PERSON*
IN
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JACK FRIEDMAN PAGE 3 OF 3 PAGES
NOTE: THIS AMENDMENT NO. 16 IS THE FIRST ELECTRONIC AMENDMENT TO SCHEDULE 13G.
IN ACCORDANCE WITH RULE 13d-2(c), THIS AMENDMENT NO. 16 RESTATES IN ITS
ENTIRETY THE ORIGINAL SCHEDULE 13G AND ALL AMENDMENTS THERETO.
Item 1. (a) Name of Issuer: Friedman Industries, Incorporated
(b) Address of Issuer's Principal Executive Offices:
4001 Homestead Road
Houston, Texas 77028
Item 2. (a) Name of Person Filing: Jack Friedman
(b) Address of Principal Business Office or, if none, Residence:
1121 Judson Road
Longview, Texas 75601
(c) Citizenship: USA
(d) Title of Class of Securities: Common Stock, $1.00 par value
(e) CUSIP No.: 358435 10 5
Item 3. Not Applicable
Item 4. (a) Amount Beneficially Owned: 985,963 shares
(b) Percent of Class: 16.9%
(c) (i) Sole Voting Power: 985,963
(ii) Shared Voting Power: Not applicable
(iii) Sole Dispositive Power: 985,963
(iv) Shared Dispositive Power: Not applicable
Item 5. Not Applicable
Item 6. Not Applicable
Item 7. Not Applicable
Item 8. Not Applicable
Item 9. Not Applicable
Item 10. Not Applicable
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.
February 14, 1996
-------------------------------
Date
/s/ Jack Friedman
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Jack Friedman
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