UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Spatial Technology Inc.
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
847246105
(CUSIP Number)
______________________
Check the following box if a fee is being paid with this statement /x/. (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).
<PAGE>
SCHEDULE 13G
CUSIP No. 847246105 PAGE 2 OF 5 PAGES
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
New York Life Insurance Company 13-5582869
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
NUMBER OF 5 SOLE VOTING POWER 824,291
SHARES
BENEFICIALLY 6 SHARED VOTING POWER None
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER 824,291
REPORTING
PERSON WITH 8 SHARED DISPOSITIVE POWER None
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
824,291
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
/ /
(9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.1%
12 TYPE OF REPORTING PERSON*
IC
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
CUSIP No. 847246105 PAGE 3 OF 5 PAGES
Item 1 (a) Name of Issuer
Spatial Technology Inc.
(b) Address of Issuer's Principal Executive Offices
2425 55th Street, Building A
Boulder, CO 80301
Item 2 (a) Name of Person Filing
New York Life Insurance Company
(b) Address of Principal Business Office or, if none, Residence
51 Madison Avenue, Room 206
New York, NY 10010
(c) Citizenship
New York
(d) Title of Class of Securities
Common Stock, par value $.01 per share.
(e) CUSIP Number
847246105
Item 3 If this statement is filed pursuant to Rule 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,
(b) / / Bank as defined in Section 3(a)(6) of the Act,
(c) / X / Insurance Company as defined in Section 3(a)(19)
of the Act,
(d) / / Investment Company registered under Section 8 of
the Investment Company Act,
<PAGE>
SCHEDULE 13G
CUSIP No. 847246105 PAGE 4 OF 5 PAGES
(e) / / Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940,
(f) / / Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see
13d-1(b)(1)(ii)(F),
(g) / / Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G); see Item 7,
(h) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Item 4 Ownership
(a) Amount Beneficially Owned
824,291
(b) Percent of Class
11.1%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 824,291
shares
(ii) shared power to vote or to direct the vote: None
(iii) sole power to dispose or to direct the disposition of:
824,291 shares
(iv) shared power to dispose or to direct the disposition
of: None
Item 5 Ownership of Five Percent or Less of a Class
Not applicable.
<PAGE>
SCHEDULE 13G
CUSIP No. 847246105 PAGE 5 OF 5 PAGES
Item 6 Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
Not applicable.
Item 8 Identification and Classification of Members of the Group
Not applicable.
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.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Schedule 13G at November 5,
1996 is true, complete and correct.
Dated: November 5, 1996
NEW YORK LIFE INSURANCE COMPANY
By: /s/ Philip A. Smith
---------------------------------------
Name: Philip A. Smith
Title: Investment Vice President
