Lehman Brothers Holdings Inc.
3 World Financial Center, 24th Floor
New York, NY 10285
OFFICE OF THE GENERAL COUNSEL
February 10, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Attn: Document Control--EDGAR
Re: SCHEDULE 13G
Dear Commissioner:
On behalf of Lehman Brothers Holdings Inc. (the "Reporting
Person"), submitted in electronic form for filing, is a Schedule 13G relating
to the Reporting Person's ownership of Preferred Stock of Bowater Incorporated.
Lehman Brothers Holdings Inc. is wiring the $100.00 fee to the
SEC's account at Mellon Bank for this filing today.
If you have any questions regarding this filing, please contact the
undersigned at (212) 526-1911.
Very truly yours,
/s/ Karen C. Manson
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Karen C. Manson
Vice President
Secretary
Enclosure
cc: Bowater Incorporated
New York Stock Exchange
