SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 16)*
AEP Industries, Inc.
(Name of Issuer)
Common
(Title of Class of Securities)
001031103
(CUSIP Number)
Arthur Goetchius
EGS Partners, L.L.C., 300 Park Ave., 21st Fl., New York, NY 10022
212-755-9000
(Name, address and telephone number of person
authorized to receive notices and communications)
March 19, 1996
(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of
this Schedule 13D, and is filing this schedule because of Rule
13d-1(b)(3) or (4), check the following box [ ].
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.)
NOTE: Six copies of this statement, including all
exhibits, should be filed with the Commission. See Rule 13d-1(a)
for other parties to whom copies are to be sent.
* 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 purposes 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 1 OF 11 PAGES
<PAGE>
13D
CUSIP No. 001031103
_________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
EGS Associates, L.P.
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS **
WC
____________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES
______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
138,418
OWNED BY
___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING
______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
138,418
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
138,418
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
2.88%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON **
PN
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 2 OF 11 PAGES
<PAGE>
13D
CUSIP No. 001031103
_________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
EGS Partners, L.L.C.
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS **
OO
____________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES
______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
378,901
OWNED BY
___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING
______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
378,901
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
378,901
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
7.87%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IA
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 3 OF 11 PAGES
<PAGE>
13D
CUSIP No. 001031103
_________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Bev Partners, L.P.
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS **
WC
____________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES
______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
120,033
OWNED BY
___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING
______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
120,033
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
120,033
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
2.49%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON **
PN
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 4 OF 11 PAGES
<PAGE>
13D
CUSIP No. 001031103
_________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Jonas Partners, L.P.
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS **
WC
____________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES
______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
7,883
OWNED BY
___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING
______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
7,883
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
7,883
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
.16%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON **
PN
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 5 OF 11 PAGES
<PAGE>
13D
CUSIP No. 001031103
_________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
William Ehrman
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS **
AF PF
____________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
37,811
SHARES
______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
645,235
OWNED BY
___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
37,811
REPORTING
______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
681,003
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
718,814
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
14.93%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 6 OF 11 PAGES
<PAGE>
13D
CUSIP No. 001031103
_________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Frederic Greenberg
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS **
AF PF
____________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
6,003
SHARES
______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
646,035
OWNED BY
___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
6,003
REPORTING
______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
646,035
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
652,038
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
13.55%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 7 OF 11 PAGES
<PAGE>
13D
CUSIP No. 001031103
_________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Frederick Ketcher
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS **
AF PF
____________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
4,802
SHARES
______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
645,235
OWNED BY
___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
4,802
REPORTING
______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
645,235
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
650,037
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
13.50%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 8 OF 11 PAGES
<PAGE>
13D
CUSIP No. 001031103
_________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Jonas Gerstl
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS **
AF
____________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_________________________________________________________________
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES
______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
645,235
OWNED BY
___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING
______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
645,235
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
645,235
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
13.40%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 9 OF 11 PAGES
<PAGE>
The Schedule 13D, initially filed on March 30, 1990, as
amended, of (i) EGS Associates, L.P., a Delaware limited
partnership ("EGS Associates"), (ii) EGS Partners, L.L.C., a
Delaware limited liability company ("EGS Partners"), (iii) Bev
Partners, L.P., a Delaware limited partnership ("Bev Partners"),
(iv) Jonas Partners, L.P., a Delaware limited partnership ("Jonas
Partners"), (v) William Ehrman, (vi) Frederic Greenberg, (vii)
Frederick Ketcher, and (viii) Jonas Gerstl, relating to the
common stock, $0.01 par value per share (the "Common Stock")
issued by AEP Industries, Inc. (the "Company"), is hereby amended
by this Amendment No. 16 to the Schedule 13D as follows:
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 of the Schedule is hereby supplemented by the
addition of the following:
On March 18, 1996, William Ehrman's spouse purchased 700
shares of Common Stock in an open market transaction. The shares
were purchased through, and are held in, a margin account at
Bishop Rosen & Company.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
On March 18, 1996, a member of William Ehrman's immediate
family purchased 400 and 300 shares of Common Stock in open
market transactions at a price of $23.63 and $24.00 per share,
respectively.
On January 2, 1996, a trust, which was a limited partner of
Jonas Partners, withdrew from Jonas Partners. 11,856 shares of
Common Stock were distributed from Jonas Partners as a
distribution in kind with respect to such trust's partnership
interest. The shares were (together with other [cash and
securities]) deposited into an account managed by EGS Partners in
the name of the withdrawing partner.
Item 5(iv) of the Schedule is hereby amended and restated in
its entirety as follows:
"Jonas Partners owns 7,883 shares of Common Stock,
constituting less than 1% of the shares outstanding."
Item 5(v) of the Schedule is hereby amended by deleting the
number "72,879" and the percentage "1.51" from the first sentence
thereof, and inserting in replacement therefore the number
"73,579" and the percentage "1.53", respectively.
Item 5(v) of the Schedule is hereby supplemented by the
addition of the following:
William Ehrman was previously reported as having shared
voting power in connection with certain shares owned by his
spouse and daughter. Upon further examination, Mr. Ehrman does
not have shared voting power with respect to such shares.
Therefore, the number of shares reported on the cover page hereof
for Mr. Ehrman with respect to shared voting power has been
reduced accordingly.
PAGE 10 OF 11 PAGES
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of our knowledge
and belief, the undersigned certify that the information set
forth in this statement is true, complete and correct.
DATED: March 26, 1996 /s/ WILLIAM EHRMAN
William Ehrman, individually
and as general partner of each
of EGS ASSOCIATES, L.P., BEV
PARTNERS, L.P. and JONAS
PARTNERS, L.P. and as a member
of EGS PARTNERS, L.L.C.
/s/ FREDERIC GREENBERG
Frederic Greenberg,
individually and as general
partner of each of EGS
ASSOCIATES, L.P., BEV
PARTNERS, L.P. and JONAS
PARTNERS, L.P. and as a member
of EGS PARTNERS, L.L.C.
/s/ FREDERICK KETCHER
Frederick Ketcher,
individually and as general
partner of each of EGS
ASSOCIATES, L.P., BEV
PARTNERS, L.P. and JONAS
PARTNERS, L.P. and as a member
of EGS PARTNERS, L.L.C.
/s/ JONAS GERSTL
Jonas Gerstl, individually and
as general partner of each
of EGS ASSOCIATES,
L.P., BEV PARTNERS, L.P.
and JONAS PARTNERS, L.P. and as a
member of EGS PARTNERS, L.L.C.
PAGE 11 OF 11 PAGES
