SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities and Exchange Act of 1934
(Amendment No. 1)*
American Express Company
(Name of Issuer)
Common Stock
(Title of Class of Securities)
025816 10 9
(CUSIP Number)
Check the following box if a fee is being paid with the 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 disclosures provided in
a prior cover page.
The information required on 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 or otherwise subject to
the liabilities of that section of the Act but shall be subject
to all other provisions of the Act.
(Continued on following page(s))
Page 1 of 31 Pages
<PAGE>
CUSIP No. 025816 10 9 13G Page 2 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Warren E. Buffett ###-##-####
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
United States Citizen
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
49,456,900 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
49,456,900 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
49,456,900 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
10.1% of Common Stock (see response to Item 4)
12 Type Of Reporting Person
IN
<PAGE>
CUSIP No. 025816 10 9 13G Page 3 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Berkshire Hathaway Inc. 04-2254452
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Delaware corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
49,456,900 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
49,456,900 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
49,456,900 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
10.1% of Common Stock (see response to Item 4)
12 Type Of Reporting Person
HC, CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 4 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
National Indemnity Company 47-0355979
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
39,272,693 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
39,272,693 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
39,272,693 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
8.1% of Common Stock (see response to Item 4)
12 Type Of Reporting Person
IC, CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 5 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
National Fire & Marine Insurance Company 47-6021331
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
2,664,878 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
2,664,878 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
2,664,878 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.5 % of Common Stock (see response to Item 4)
12 Type Of Reporting Person
IC, CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 6 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Nebraska Furniture Mart, Inc. 47-0428274
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
466,571 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
466,571 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
466,571 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.1% of Common Stock (see response to Item 4)
12 Type Of Reporting Person
CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 7 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
The Fechheimer Brothers Company 31-1000330
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Delaware corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
279,944 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
279,944 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
279,944 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.1% of Common Stock (see response to Item 4)
12 Type Of Reporting Person
CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 8 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Borsheim's Jewelry Company, Inc. 47-0546003
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
93,314 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
93,314 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
93,314 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
Less than 0.1% of Common Stock (see response to
Item 4)
12 Type Of Reporting Person
CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 9 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Columbia Insurance Company. 47-0530077
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
5,741,800 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
5,741,800 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
5,741,800 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
1.2% of Common Stock (see response to
Item 4)
12 Type Of Reporting Person
IC,CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 10 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Blue Chip Stamps 95-3858923
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Cailfornia corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
647,700 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
647,700 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
647,700 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.1% of Common Stock (see response to
Item 4)
12 Type Of Reporting Person
CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 11 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Wesco Financial Corporation 95-2109453
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Delaware corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
647,700 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
647,700 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
647,700 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.1% of Common Stock (see response to
Item 4)
12 Type Of Reporting Person
CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 12 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Wesco Holdings Midwest, Inc. 47-0691907
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
647,700 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
647,700 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
647,700 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.1% of Common Stock (see response to
Item 4)
12 Type Of Reporting Person
CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 13 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Wesco-Financial Insurance Company 47-0685686
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
647,700 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
647,700 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
647,700 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.1% of Common Stock (see response to
Item 4)
12 Type Of Reporting Person
IC,CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 14 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Central States of Omaha Companies, Inc. 47-0600248
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
290,000 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
290,000 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
290,000 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.1% of Common Stock (see response to
Item 4)
12 Type Of Reporting Person
CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 15 of 31 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Central States Indemnity Company of Omaha 47-0591908
2 Check The Appropriate Box If A Member Of A Group
(a) [X]
(b) [ ]
_________________________________________________________________
3 SEC USE ONLY
_________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Voting Power
290,000 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting
Person With Sole Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting
Person With Shared Dispositive Power
290,000 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting
Person
290,000 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes
Certain Shares
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.1% of Common Stock (see response to
Item 4)
12 Type Of Reporting Person
IC,CO
<PAGE>
CUSIP No. 025816 10 9 13G Page 16 of 31 Pages
Item 1(a). Name of Issuer:
American Express Company
Item 1(b). Address of Issuer's Principal Executive Offices:
American Express Tower
World Financial Center
New York, New York 10285
Item 2(a). Name of Persons Filing:
Item 2(b). Address of Principal Business Office:
Item 2(c). Citizenship:
This Statement is filed by the following persons
(collectively, the "Reporting Persons"):
Warren E. Buffett
1440 Kiewit Plaza
Omaha, Nebraska 68131
(United States Citizen)
Berkshire Hathaway Inc.
1440 Kiewit Plaza
Omaha, Nebraska 68131
(Delaware Corporation)
National Indemnity Company
3024 Harney Street
Omaha, Nebraska 68131
(Nebraska Corporation)
National Fire & Marine Insurance Company
3024 Harney Street
Omaha, Nebraska 68131
(Nebraska Corporation)
Nebraska Furniture Mart, Inc.
700 South 72nd Street
Omaha, Nebraska 68114
(Nebraska Corporation)
The Fechheimer Brothers Company
4545 Malsbary Road
Cincinnati, Ohio 45252
(Delaware Corporation)
Borsheim's Jewelry Company, Inc.
120 Regency Parkway
Omaha, Nebraska 68114
(Nebraska Corporation)
<PAGE>
CUSIP No. 025816 10 9 13G Page 17 of 31 Pages
Item 2(c). Citizenship:(continued)
Columbia Insurance Company
3024 Harney Street
Omaha, Nebraska 68131
(Nebraska Corporation)
Blue Chip Stamps
301 East Colorado Boulevard
Pasadena, California 91101
(California Corporation)
Wesco Holdings Midwest, Inc.
1440 Kiewit Plaza
Omaha, Nebraska 68131
(Nebraska Corporation)
Wesco Financial Corporation
301 East Colorado Boulevard
Pasadena, California 91101
(Delaware Corporation)
Wesco-Financial Insurance Company
3024 Harney Street
Omaha, Nebraska 68131
(Nebraska Corporation)
Central States of Omaha Companies, Inc.
1212 North 96th Street
Omaha, Nebraska 68134
(Nebraska Corporation)
Central States Indemnity Company of Omaha
1212 North 96th Street
Omaha, Nebraska 68134
(Nebraska Corporation)
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
025816 10 9
Item 3. If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under
Section 15 of the Act:
Not applicable.
<PAGE>
CUSIP No. 025816 10 9 13G Page 18 of 31 Pages
Item 3. If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b), check whether the person filing is a:
(Continued)
(b) [ ] Bank as defined in Section 3(a)(6) of
the Act:
Not applicable.
(c) [X] Insurance Company as defined in Section
3(a)(19) of the Act:
National Indemnity Company
National Fire & Marine Insurance Company
Columbia Insurance Company
Wesco-Financial Insurance Company
Central States Indemnity Company of Omaha
(d) [ ] Investment Company registered under
Section 8 of the Investment Company
Act:
Not applicable.
(e) [ ] Investment Adviser registered under
Section 203 of the Investment Advisers
Act of 1940:
Not applicable.
(f) [ ] Employee Benefit Plan, Pension Fund
which is subject to the provisions of
the Employee Retirement Income Security
Act of 1974 or Endowment Fund:
Not applicable.
(g) [X] Parent Holding Company, in accordance
with Rule 13d-1(b)(ii)(G):
Berkshire Hathaway Inc. **
Blue Chip Stamps ***
Wesco Financial Corporation ***
Wesco Holdings Midwest,Inc. ***
Central States of Omaha Companies,Inc.****
Warren E. Buffett (individual who
may be deemed to control Berkshire
Hathaway Inc.)
<PAGE>
CUSIP No. 025816 10 9 13G Page 19 of 31 Pages
Item 3. If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b), check whether the person filing is a:
(Continued)
(h) [ ] Group, in accordance with Rule
13d-1(b)(1)(ii)(H):
Not applicable.
** Berkshire Hathaway Inc. is the parent holding
company of Blue Chip Stamps and Central States
of Omaha Companies,Inc.
*** Blue Chip Stamps is the parent holding company
of Wesco Financial Corporation which is the parent
holding company of Wesco Holdings Midwest, Inc.
which is the parent holding company of Wesco-Financial
Insurance Company.
**** Central States of Omaha Companies, Inc. is the
parent holding company of Central States Indemnity
Company of Omaha.
Item 4. Ownership
As of August 31, 1995, the Reporting Persons
beneficially owned in the aggregate more than five
percent of the outstanding Common Stock as follows:
Warren E. Buffett
(a) Amount Beneficially Owned: 49,456,900 shares
Common Stock.
(b) Percent of Class: 10.1% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 49,456,900 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 49,456,900 shares
Common Stock.
(Continuation and notes on next page)
<PAGE>
CUSIP No. 025816 10 9 13G Page 20 of 31 Pages
Berkshire Hathaway Inc.
(a) Amount Beneficially Owned: 49,456,900 shares
Common Stock
(b) Percent of Class: 10.1% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 49,456,900 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 49,456,900 shares
Common Stock.
National Indemnity Company
(a) Amount Beneficially Owned: 39,272,693 shares
Common Stock.
(b) Percent of Class: 8.1% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 39,272,693 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 39,272,693 shares
Common Stock.
(Continuation and notes on next page)
<PAGE>
CUSIP No. 025816 10 9 13G Page 21 of 31 Pages
National Fire & Marine Insurance Company
(a) Amount Beneficially Owned: 2,664,878 shares
Common Stock
(b) Percent of Class: 0.5% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 2,664,878 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 2,664,878 shares
Common Stock.
Nebraska Furniture Mart, Inc.
(a) Amount Beneficially Owned: 466,571 shares Common
Stock.
(b) Percent of Class: 0.1% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 466,571 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 466,571 shares
Common Stock.
(Continuation and notes on next page)
<PAGE>
CUSIP No. 025816 10 9 13G Page 22 of 31 Pages
The Fechheimer Brothers Company
(a) Amount Beneficially Owned: 279,944 shares Common
Stock
(b) Percent of Class: 0.1% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 279,944 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 279,944 shares
Common Stock.
Borsheim's Jewelry Company, Inc.
(a) Amount Beneficially Owned: 93,314 shares Common
Stock.
(b) Percent of Class: less than 0.1% of Common
Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 93,314 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 93,314 shares
Common Stock.
(Continuation and notes on next page)
<PAGE>
CUSIP No. 025816 10 9 13G Page 23 of 31 Pages
Columbia Insurance Company
(a) Amount Beneficially Owned: 5,741,800 shares Common
Stock
(b) Percent of Class: 1.2% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 5,741,800 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 5,741,800 shares
Common Stock.
Blue Chip Stamps
(a) Amount Beneficially Owned: 647,700 shares Common
Stock.
(b) Percent of Class: 0.1% of Common
Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 647,700 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 647,700 shares
Common Stock.
(Continuation and notes on next page)
<PAGE>
CUSIP No. 025816 10 9 13G Page 24 of 31 Pages
Wesco Financial Corporation
(a) Amount Beneficially Owned: 647,700 shares Common
Stock
(b) Percent of Class: 0.1% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 647,700 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 647,700 shares
Common Stock.
Wesco Holdings Midwest, Inc.
(a) Amount Beneficially Owned: 647,700 shares Common
Stock.
(b) Percent of Class: 0.1% of Common
Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 647,700 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 647,700 shares
Common Stock.
(Continuation and notes on next page)
<PAGE>
CUSIP No. 025816 10 9 13G Page 25 of 31 Pages
Wesco-Financial Insurance Company
(a) Amount Beneficially Owned: 647,700 shares Common
Stock
(b) Percent of Class: 0.1% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 647,700 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 647,700 shares
Common Stock.
Central States of Omaha Companies, Inc.
(a) Amount Beneficially Owned: 290,000 shares Common
Stock.
(b) Percent of Class: 0.1% of Common
Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 290,000 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 290,000 shares
Common Stock.
(Continuation and notes on next page)
<PAGE>
CUSIP No. 025816 10 9 13G Page 26 of 31 Pages
Central States Indemnity Company of Omaha
(a) Amount Beneficially Owned: 290,000 shares Common
Stock
(b) Percent of Class: 0.1% of Common Stock.*****
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: none.
(ii) shared power to vote or to direct the
vote: 290,000 shares Common Stock.
(iii) sole power to dispose or direct the
disposition of: none.
(iv) shared power to dispose or to direct
the disposition of: 290,000 shares
Common Stock.
***** Percentages based on 487,716,977 shares of the Issuer's
Common Stock outstanding as of July 31, 1995 according to the
Issuer's report on Form 10Q for the quarter ended June 30,1995.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
At this time, no person other than the
Reporting Persons is known to have the right to
receive or the power to direct the receipt of
dividends from, or the proceeds from the sale
Securities covered by this Information Statement.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company.
See Item 3(c) and Exhibit A.
Item 8. Identification and Classification of Members of the
Group.
Not applicable.
<PAGE>
CUSIP No. 025816 10 9 13G Page 27 of 31 Pages
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I certify that, to the best
of my knowledge and belief, the securities
referred to above were acquired in the
ordinary course of business and were not
acquired for the purpose of and do not have
the effect of changing or influencing the
control of the issuer of such securities and
were not acquired in connection with or as a
participant in any transaction having such
purpose or effect.
<PAGE>
CUSIP No. 025816 10 9 13G Page 28 of 31 Pages
SIGNATURE
After reasonable inquiry and to the best of his
knowledge and belief, each of the undersigned certifies that the
information set forth in this statement is true, complete and
correct.
Dated this 8th day of September, 1995.
/s/ Warren E. Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC.,
NATIONAL INDEMNITY COMPANY,
NATIONAL FIRE & MARINE
INSURANCE COMPANY and
BORSHEIM'S JEWELRY COMPANY,INC.
By: /s/ Warren E. Buffett
Warren E. Buffett
Chairman of the Board of each
of the above-named
corporations
NEBRASKA FURNITURE MART, INC.,
THE FECHHEIMER BROTHERS COMPANY,
BLUE CHIP STAMPS,
WESCO FINANCIAL CORPORATION,
WESCO HOLDINGS MIDWEST,INC.,
WESCO FINANCIAL INSURANCE COMPANY,
CENTRAL STATES OF OMAHA COMPANIES,INC.,
and CENTRAL STATES INDEMNITY COMPANY
OF OMAHA
By: /s/ Warren E. Buffett
Warren E. Buffett
Attorney-in-Fact
<PAGE>
CUSIP No. 025816 10 9 13G Page 29 of 31 Pages
EXHIBIT A
RELEVANT SUBSIDIARIES OF PARENT HOLDING COMPANY
Parent Holding Company:
Berkshire Hathaway Inc.
Blue Chip Stamps
Wesco Financial Corporation
Wesco Holdings Midwest, Inc.
Central States of Omaha Companies, Inc.
Warren E. Buffett (an individual who may
be deemed to control Berkshire Hathaway
Inc.)
Relevant Subsidiaries Which Are Insurance Companies as Defined in
Section 3(a)(19) of the Act:
National Indemnity Company
National Fire & Marine Insurance Company
Columbia Insurance Company
Wesco-Financial Insurance Company
Central States Indemnity Company of Omaha
Note: No Common Stock of American Express Company is held
directly by Berkshire Hathaway Inc, or Blue Chip Stamps,
or Wesco Financial Corporation, or Wesco Holdings Midwest,
Inc., or Central States of Omaha Companies,Inc. Other than
the indirect holdings of Berkshire Hathaway Inc., no Common
Stock of American Express Company is held directly or
indirectly by Warren E. Buffett, an individual who may
be deemed to control Berkshire Hathaway Inc. 839,829
shares or approximately 0.2% of Common Stock of American
Express Company are held directly by Nebraska Furniture
Mart, Inc., The Fechheimer Brothers Company and
Borsheim's Jewelry Company, Inc., none of which are
persons specified in Rule 13d-1(b)(1)(ii)(A) through
(F).
<PAGE>
CUSIP No. 025816 10 9 13G Page 30 of 31 Pages
EXHIBIT B
The undersigned persons hereby agree that reports
on Schedule 13G, and amendments thereto, may be filed in a single
statement on behalf of each of such persons, and further, each of
such persons designates Warren E. Buffett as its agent and
Attorney-in-Fact for the purpose of executing any and all
Schedule 13G filings required to be made by it with the
Securities and Exchange Commission.
/s/ Warren E. Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC. BORSHEIM'S JEWELRY COMPANY,INC.
By: /s/ Warren E. Buffett By: /s/ Warren E. Buffett
Warren E. Buffett Warren E. Buffett
Chairman of the Board Chairman of the Board
CENTRAL STATES INDEMNITY CENTRAL STATES OF OMAHA
COMPANY OF OMAHA COMPANIES, INC.
By: /s/ William McBain Kizer By: /s/ William McBain Kizer
William McBain Kizer William McBain Kizer
Chairman of the Board Chairman of the Board
COLUMBIA INSURANCE COMPANY THE FECHHEIMER BROS. CO.
By: /s/ Warren E. Buffett By: /s/ Linda L. Metze
Warren E. Buffett Linda L. Metze
Chairman of the Board Treasurer
NATIONAL FIRE & MARINE NATIONAL INDEMNITY COMPANY
INSURANCE COMPANY
By: /s/ Warren E. Buffett By: /s/ Warren E. Buffett
Warren E. Buffett Warren E. Buffett
Chairman of the Board Chairman of the Board
NEBRASKA FURNITURE MART, INC. BLUE CHIP STAMPS
By: /s/ Marc D. Hamburg By: /s/ Marc D. Hamburg
Marc D. Hamburg Marc D. Hamburg
Assistant Secretary Assistant Secretary
<PAGE>
CUSIP No. 025816 10 9 13G Page 31 of 31 Pages
EXHIBIT B (continued)
WESCO FINANCIAL CORPORATION WESCO HOLDINGS MIDWEST,INC.
By: /s/ Robert H. Bird By: /s/ Marc D. Hamburg
Robert H. Bird Marc D. Hamburg
President Assistant Secretary
WESCO FINANCIAL INSURANCE COMPANY
By: /s/ Marc D. Hamburg
Marc D. Hamburg
Assistant Secretary