UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Crystal Brands, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
229070107
(CUSIP Number)
Check the following box if a fee is being paid with the statement / /.
(A fee is not required only if the reporting 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 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.
<PAGE>
CUSIP NO. 229070107
SCHEDULE 13G
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Connor, Clark & Company Ltd.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH 5 SOLE VOTING POWER
0
6 SHARED VOTING POWER
960,400
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
960,400
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
960,400
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.5%
12 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
This Amendment No. 1 amends and supplements the Schedule 13G
filed by Connor, Clark & Company Ltd. with respect to beneficial ownership
of shares of the Common Stock of Crystal Brands, Inc.
Item 4. Ownership.
Item 4 is amended as follows:
The information previously furnished in response to this Item is
amended to report beneficial ownership of the Common Stock as of December
31, 1993 as follows:
(a) Amount Beneficially Owned:
960,400
(b) Percent of Class:
10.5%
(c) Number of shares as to which the Reporting Person has:
(i) sole power to vote or to direct the vote 0
(ii) shared power to vote or to direct the vote
960,400
(iii) sole power to dispose or to direct the
disposition of 0
(iv) shared power to dispose or to direct the
disposition of 960,400
<PAGE>
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.
Dated: September 6, 1994
By:
/s/ John N. Alexander
Name: John N. Alexander
Title: Chief Operating Officer
