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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 19)*
FRIEDMAN INDUSTRIES, INCORPORATED
................................................................................
(Name of Issuer)
COMMON STOCK, $1.00 PAR VALUE
................................................................................
(Title of Class of Securities)
358435 10 5
................................................................................
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 13 G Page 2 of 4 Pages
- ----------------------- ------------------------
- --------------------------------------------------------------------------------
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
JACK FRIEDMAN
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
2 ---
X
(b)
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SEC USE ONLY
3
- --------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
USA
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SOLE VOTING POWER
5
1,067,620 SHARES
------------------------------------------------------------
NUMBER OF SHARED VOTING POWER
SHARES 6
BENEFICIALLY NOT APPLICABLE
OWNED ------------------------------------------------------------
BY EACH SOLE DISPOSITIVE POWER
REPORTING
PERSON 7
WITH 1,067,620 SHARES
------------------------------------------------------------
SHARED DISPOSITIVE POWER
8
NOT APPLICABLE
- --------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,067,620 SHARES
- --------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
10
NOT APPLICABLE
- --------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
15.6%
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TYPE OF REPORTING PERSON*
12
IN
- --------------------------------------------------------------------------------
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Page 3 of 4 Pages
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JACK FRIEDMAN
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
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Item 3. Not Applicable
Item 4. (a) Amount Beneficially Owned: 1,067,620 shares
-------------------------
(b) Percent of Class: 16.4%
(c) (i) Sole Voting Power: 1,067,620
(ii) Shared Voting Power: Not applicable
(iii) Sole Dispositive Power: 1,067,620
(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
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Page 4 of 4 Pages
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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.
March 2, 1999
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Date
/s/ Jack Friedman
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Jack Friedman