SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 1 to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Communication Cable, Inc.
_________________________
(Name of Issuer)
Common Stock, par value $1.00 per share
_______________________________________
(Title of Class of Securities)
2033781004
________________
(CUSIP Number)
James Pasquarelli
Halcyon/Alan B. Slifka Management Company LLC
477 Madison Avenue, 8th Floor
New York, N.Y. 10022
______________________________________________________
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 22, 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 within this
statement [ ].
Page 1 of 7 Pages
<PAGE>
CUSIP No. 2033781004
Schedule 13d - Amendment No. 1
1
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Halcyon/Alan B. Slifka Management Company LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [ ] (b) [ ]
3
SEC USE ONLY:
4
SOURCE OF FUNDS: Not Applicable
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 SHARES BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH:
7 SOLE VOTING POWER: -0-
8 SHARED VOTING POWER -0-
9 SOLE DISPOSITIVE POWER -0-
10 SHARED DISPOSITIVE POWER -0-
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON:
-0-
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES: [ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
-0-
14
TYPE OF REPORTING PERSON:
OO-IA
Page 2 of 7 Pages
<PAGE>
CUSIP No. 2033781004
Schedule 13d - Amendment No. 1
1
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS:
Alan B. Slifka and Company, Limited
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [ ] (b) [ ]
3
SEC USE ONLY:
4
SOURCE OF FUNDS: Not Applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): [ ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH:
7 SOLE VOTING POWER: -0-
8 SHARED VOTING POWER -0-
9 SOLE DISPOSITIVE POWER -0-
10 SHARED DISPOSITIVE POWER -0-
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON:
-0-
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES: [ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
-0-
14
TYPE OF REPORTING PERSON:
CO
Page 3 of 7 Pages
<PAGE>
CUSIP No. 2033781004
Schedule 13d - Amendment No. 1
1
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Alan B. Slifka
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [ ] (b) [ ]
3
SEC USE ONLY:
4
SOURCE OF FUNDS: Not Applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): [ ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH:
7 SOLE VOTING POWER: -0-
8 SHARED VOTING POWER -0-
9 SOLE DISPOSITIVE POWER -0-
10 SHARED DISPOSITIVE POWER -0-
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON:
-0-
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES: [ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
-0-
14
TYPE OF REPORTING PERSON:
IN
Page 4 of 7 Pages
<PAGE>
This statement amends the Schedule 13D, dated
February 1, 1996 (the "Schedule 13D") filed by Halcyon/Alan
B. Slifka Management Company LLC ("Halcyon"), Alan B. Slifka
and Company, Limited ("ABS & Co.") and Alan B. Slifka
("Slifka"), an individual resident of the State of New York
(collectively, the "Reporting Persons") with respect to the
common stock, par value $1.00 per share (the "Common
Stock"), of Communication Cable, Inc., a North Carolina
corporation (the "Issuer"), whose principal executive
offices are located at 1378 Charleston Drive, Sanford, North
Carolina 27331. Capitalized terms used herein without
definition shall have the meanings ascribed to them in the
Schedule 13D.
I. Item 5 of the Schedule 13D is amended as
follows:
(a) The Reporting Persons no longer beneficially
own any shares of the Common Stock.
(b) Not Applicable.
(c) Since the filing of the Schedule 13D, the
Reporting Persons have effected the following transactions
in the Common Stock:
Shares sold by the Reporting Persons:
Date Number of Shares Price per Share ($)
__________________________________________________
2/22/96 220,000 14
Except as described above, no Reporting Person
has effected any transactions in the Common Stock since the
filing of the Schedule 13D.
(d) Not applicable.
Page 5 of 7 Pages
<PAGE>
(e) February 22, 1996.
Page 6 of 7 Pages
<PAGE>
SIGNATURES
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.
HALCYON/ALAN B. SLIFKA
MANAGEMENT COMPANY LLC
By: /s/ James H. Schropp
____________________
Name: James H. Schropp
Title: Attorney-in-Fact
Dated: March 7, 1996
ALAN B. SLIFKA AND COMPANY,
LIMITED
By: /s/ James H. Schropp
____________________
Name: James H. Schropp
Title: Attorney-in-Fact
Dated: March 7, 1996
ALAN B. SLIFKA
By: /s/ James H. Schropp
____________________
Name: James H. Schropp
Title: Attorney-in-Fact
Dated: March 7, 1996
Page 7 of 7 Pages