ALLIS CHALMERS CORP
SC 13G/A, 2000-02-14
MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT
Previous: ALLIED PRODUCTS CORP /DE/, DEFS14A, 2000-02-14
Next: ALPINE GROUP INC /DE/, SC 13G, 2000-02-14







SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


SCHEDULE 13G


Under the Securities Exchange Act of 1934
(Amendment No.          2             )


Allis Chalmers Corporation
(Name of Issuer)


Common Stock
(Title of Class of Securities)


019645407
(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:

	[x  ]	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).


<PAGE>
CUSIP No.   019645407     13G


1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Firstar Corporation
39-1940778
- -------------------------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                              (a)

                                              (b)
- -------------------------------------------------------------------------
3.
SEC USE ONLY


- -------------------------------------------------------------------------
4.
CITIZENSHIP OR PLACE OF ORGANIZATION

Wisconsin
- -------------------------------------------------------------------------
                    :5.  SOLE VOTING POWER
NUMBER OF           :    102,216
SHARES              :---------------------------------------------------
BENEFICIALLY        :6.  SHARED VOTING POWER
OWNED               :    -0-
BY EACH             :---------------------------------------------------
REPORTING PERSON    :7.  SOLE DISPOSITIVE POWER
WITH                :    169
                    :---------------------------------------------------
                    :8.  SHARED DISPOSITIVE POWER
                    :    -0-
- ------------------------------------------------------------------------
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

102,216
- --------------------------------------------------------------------------
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- --------------------------------------------------------------------------
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.4%
- --------------------------------------------------------------------------
12.
TYPE OF REPORTING PERSON*

HC
- ---------------------------------------------------------------------------


<PAGE>
CUSIP No. 019645407     13G


1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Firstar Bank, National Association
31-0841368
- --------------------------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                          (a)
                                          (b)
- ---------------------------------------------------------------------------
3.
SEC USE ONLY


- --------------------------------------------------------------------------
4.
CITIZENSHIP OR PLACE OF ORGANIZATION

National association
- --------------------------------------------------------------------------
                     :5.  SOLE VOTING POWER
NUMBER OF            :    102,169
SHARES               :-------------------------------------------------
BENEFICIALLY         :6.  SHARED VOTING POWER
OWNED                :    -0-
BY EACH              :------------------------------------------------
REPORTING PERSON     :7.  SOLE DISPOSITIVE POWER
WITH                 :    130
                     :-------------------------------------------------
                     :8.  SHARED DISPOSITIVE POWER
                          -0-
- -----------------------------------------------------------------------
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

102,169
- -----------------------------------------------------------------------
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.4%
- ------------------------------------------------------------------------
12.
TYPE OF REPORTING PERSON*

BK
- -------------------------------------------------------------------------

<PAGE>


Item 1(a).  Name of Issuer:
            Allis Chalmers Corporation

Item 1(b).  Address of Issuer's Principal Executive Offices:
            P. O. Box 512
            Milwaukee, WI  53201-0512

Item 2(a).  Name of Persons Filing:
            Firstar Corporation
            Firstar Bank, National Association

Item 2(b).  Address of Principal Business Office or, if none, Residence:
            Firstar Corporation
            777 E. Wisconsin Avenue
            Milwaukee, Wisconsin  543202

            Firstar Bank, National Association
            425 Walnut Street
            Cincinnati, Ohio  45202

Item 2(c).  Citizenship:
            Firstar Corporation:  Wisconsin
            Firstar Bank, National Association

Item 2(d).  Title and Class of Securities:
            Common Stock

Item 2(e).  CUSIP Number
            019645407

Item 3.  If this statement is filed pursuant to Rules 13d-1(b), or
         13d-2(b) or (c), check whether the person filing is a:
         (a)[   ]  Broker or Dealer registered under Section 15 of the Act
                   (15 U.S.C. 78o).
         (b)[ X ]  Bank as defined in section 3(a)(6) of the Act
                   (15 U.S.C. 78c).
         (c)[   ]  Insurance Company as defined in section 3(a)(19) of the Act
                   (15 U.S.C. 78c).
         (d)[   ]  Investment Company registered under section 8 of the
                   Investment Company Act of 1940 (15 U.S.C. 80a-8).
         (e)[   ]  An investment adviser in accordance with Section
                   240.13d-1(b)(1)(ii)(E).
         (f)[   ]  An employee benefit plan or endowment fund in accordance
                   with Section 240.13d-1(b)(1)(ii)(F).
         (g)[ X ]  A parent holding company or control person in accordance
                   with Section 240.13d-1(b)(1)(ii)(G).
         (h)[   ]  A savings association as defined in Section 13(b) of the
                   Federal Deposit Insurance Act (12 U.S.C. 1813).
         (i)[   ]  A church plan that is excluded from the definition of an
                   investment company under Section 3(c)(14) of the
                   Investment Company Act of 1940 (15 U.S.C. 80a-3).
         (j)[   ]  A group, in accordance with Section 240.13d-1(b)(1)(ii)(J).

Item 4.  Ownership:
         (a)  Amount beneficially owned:  102,216
         (b) Percent of class:  6.4%
         (c)(i)  Sole power to vote or to direct the vote:  102,216
         (c)(ii)  Shared power to vote or to direct the vote:  0
         (c)(iii)  Sole power to dispose or to direct the disposition:  169
         (c)(iv)  Shared power to dispose or to direct the disposition:  0

Item 5.  Ownership of Five Percent or Less of a Class:
         Inapplicable

Item 6.  Ownership of More Than Five Percent on Behalf of Another Person:
         A-C Retirement Health T Equity may have the right to receive or the
         power to direct the receipt of dividends from, or the proceeds from
         the sale of, shares beneficially owned by the filing person in an
         amount exceeding 5%.

Item 7.  Identification and Classification of the Subsidiary Which Acquired
         the Security Being Reported on by the Parent Holding Company:
         See Exhibit A

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 and are held
          in the ordinary course of business and were not acquired and are not
          held for the purpose of or with the effect of changing or influencing
          the control of the issuer of the securities and were not acquired
          and are not held in connection with or as a participant in any
          transaction having that purpose or effect.

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.


FIRSTAR CORPORATION


By: 	/s/Jennie P. Carlson
     Executive Vice President
     Dated February 11, 2000

FIRSTAR BANK, N.A.


By: 	/s/Janet McDonald
     Senior Vice President
     Dated February 11, 2000





EXHIBIT A

IDENTIFICATION OF SUBSIDIARY(IES)

ITEM 7.	Identification and Classification of the Subsidiary Which Acquired
        the Security Being Reported on by the Parent Holding Company:

        Firstar Investment Research & Management Co., LLC			IA

        Firstar Bank, National Association						            BK

        Mercantile Trust Company, N.A.		                 				BK




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission