UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
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 / X /.
(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
2
NUMBER OF SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON WITH 5 SOLE VOTING POWER
0
6 SHARED VOTING POWER
1,008,400
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
1,008,400
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,008,400
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.06%
12 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer:
Crystal Brands, Inc. (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices:
Crystal Brands Road
Southport, Connecticut 06490
Item 2(a). Name of Person Filing:
Connor, Clark & Company Ltd. (the "Reporting Person")
Item 2(b). Address of Principal Business Office:
Scotia Plaza
40 King Street
Suite 5110, Box 125
Toronto, Ontario M5H 3Y2
Item 2(c). Citizenship:
Ontario, Canada
Item 2(d). Title of Class of Securities:
Common Stock (the "Common Stock")
Item 2(e). CUSIP No.:
229070107
Item 3. Type of Reporting Person Filing Pursuant to Rule 13d-1(b):
The Reporting Person is an Investment Adviser registered
under Section 203 of the Investment Advisers Act of 1940.
Item 4. Ownership:
(a) Amount Beneficially Owned as of May 31, 1993:
1,008,400
(b) Percent of Class:
11.06%
(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
1,008,400
(iii) sole power to dispose or to direct the
disposition of 0
(iv) shared power to dispose or to direct the
disposition of 1,008,400
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:
The Reporting Person, which is engaged in the business of
providing discretionary investment management services, is
deemed to be a beneficial owner for purposes of Rule 13d-3
under the Securities Exchange Act of 1934 since it has the
power to vote and/or the power to dispose of the Common
Stock held in securities accounts on behalf of many clients
(the "Clients"), which include, among others, individual
private investors, pension funds, foundations and
investment partnerships. The Reporting Person does not,
however, have any economic or pecuniary interest in the
securities held on behalf of its Clients. The Clients are
the actual owners of the securities (including the Common
Stock) held in their respective accounts; and they have the
sole right to receive and the sole power to direct the
receipt of dividends from, or the proceeds from the sale
of, such securities (including the Common Stock). No
Client has an interest in dividends or sale proceeds that
relates to 5% or more of the Common Stock.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reporting 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 purposes or
effect.
<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:
______________________________
Name: John N. Alexander
Title: Chief Operating Officer
