<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(AMENDMENT NO. 20)/A*
Under the Securities Exchange Act of 1934
FRIEDMAN INDUSTRIES, INCORPORATED
-----------------------------------
(Name of Issuer)
COMMON STOCK, $1.00 PAR VALUE
-------------------------------
(Title of Class of Securities)
358435 10 5
--------------
(CUSIP Number)
DECEMBER 31, 1999
-------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] 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).
<PAGE> 2
- ------------------------------- --------------------------------
CUSIP NO. 358435 10 5 13G Page 2 of 4 Pages
- ------------------------------- --------------------------------
<TABLE>
<S> <C>
- --------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
JACK FRIEDMAN
- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,024,998 SHARES(1)
----------------------------------------------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF
SHARES NOT APPLICABLE
BENEFICIALLY
OWNED ----------------------------------------------------------------------------------------
BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,024,998 SHARES(1)
WITH
----------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
NOT APPLICABLE
- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,024,998 SHARES(1)
- --------------------------------------------------------------------------------------------------------------------
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)
14.3%(1)
- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) Amended to reflect a transaction by the reporting person which was
inadvertently excluded when calculating the information previously
disclosed in the filing made on February 9, 2000.
* See Instructions
<PAGE> 3
JACK FRIEDMAN PAGE 3 OF 4 PAGES
<TABLE>
<S> <C>
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: 1,024,998 shares
(b) Percent of Class: 14.3%
(c) Number of Shares as to Which Such Person Has:
(i) Sole Power to Vote or to Direct the Vote: 1,024,998 shares
(ii) Shared Power to Vote or to Direct the Vote: Not Applicable
(iii) Sole Power to Dispose or to Direct the Disposition of: 1,024,998 shares
(iv) Shared Power to Dispose of or to Direct the Disposition of: 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
</TABLE>
<PAGE> 4
JACK FRIEDMAN PAGE 4 OF 4 PAGES
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 14, 2000
-----------------------------------------
Date
/S/ JACK FRIEDMAN
-----------------------------------------
Jack Friedman