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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
SCHEDULE 13G
(under the Securities Exchange Act of 1934)
(Amendment No. )*
Mercer International Inc. - SBI
--------------------------------
(Name of Issuer)
Common Stock $0.10 Par Value
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(Title of Class of Securities)
588056101
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(Cusip Number)
Check the following box if a fee is being paid with this 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 more than 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 of 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.)
[Continued on the following page(s)]
Page 1 of 4 pages
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CUSIP NO. 588056101 Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SCHRODER WERTHEIM INVESTMENT SERVICES, INC.
13-2697273
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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NUMBER OF 5 SOLE VOTING POWER
SHARES 747,200
BENEFICIALLY ------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH ----
REPORTING ------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 747,200
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8 SHARED DISPOSITIVE POWER
----
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
747,200
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.05%
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12 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Cusip # 588056101 Page 3 of 4 Pages
SCHEDULE 13G
ITEM 1 (a): NAME OF ISSUER:
Mercer International Inc. - SBI
ITEM 2 (b): ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Mercer International Inc. - SBI
Brandschenke Str. 64
Zurich, Switzerland 8002
ITEM 2 (a): NAME OF PERSON FILING:
See Item 1 of the Cover Page attached hereto
ITEM 2 (b): ADDRESS OF PRINCIPAL BUSINESS OFFICE:
787 Seventh Avenue -34th Floor
New York, NY 10019
ITEM 2 (c): CITIZENSHIP:
See Item 4 of Cover Page attached hereto
ITEM 2 (d): TITLE OF CLASS OF SECURITIES:
See Cover Page attached hereto
ITEM 2 (e): CUSIP NUMBER:
See Cover Page attached hereto
ITEM 3: TYPE OF REPORTING PERSON:
See Item 12 of Cover Page attached hereto
ITEM 4: OWNERSHIP:
(a) See Item 9 of the Cover Page attached hereto
(b) PERCENT OF CLASS: See Item 11 of the Cover Page attached hereto
(c) For information on voting and dispositive power with respect to the
above listed shares, see Items 5 - 8 of the Cover Page attached
hereto.
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Cusip # 588056101 Page 4 of 4 Pages
SCHEDULE 13G
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:
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 statement is
true, complete, and correct.
Date: February 4, 1997 By: Schroder Wertheim Investment Services, Inc.
Signature: /s/ Anita L. Whelan
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Name/Title: Anita L. Whelan / Vice President
