SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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)
January 25, 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. [ X ]
Page 1 of 16 Pages
Exhibit Index on Page 12
<PAGE>
CUSIP No. 2033781004
1
NAME OF REPORTING PERSON
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: WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IF
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: 170,000
8 SHARED VOTING POWER -0-
9 SOLE DISPOSITIVE POWER 220,000
10 SHARED DISPOSITIVE POWER -0-
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON:
220,000
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES: [ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11:
8.3%
14
TYPE OF REPORTING PERSON:
OO-IA
Page 2 of 16 Pages
<PAGE>
CUSIP No. 2033781004
1
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
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: WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IF
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: 220,000
8 SHARED VOTING POWER -0-
9 SOLE DISPOSITIVE POWER 220,000
10 SHARED DISPOSITIVE POWER -0-
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON:
220,000
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES:
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11:
8.3%
14
TYPE OF REPORTING PERSON:
CO
Page 3 of 16 Pages
<PAGE>
CUSIP No. 2033781004
1
NAME OF REPORTING PERSON
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: WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IF
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: 220,000
8 SHARED VOTING POWER -0-
9 SOLE DISPOSITIVE POWER 220,000
10 SHARED DISPOSITIVE POWER -0-
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON:
220,000
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES: [ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11:
8.3%
14
TYPE OF REPORTING PERSON:
IN
Page 4 of 16 Pages
<PAGE>
ITEM 1. SECURITY AND ISSUER.
This statement on Schedule 13D (the "Statement")
relates 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.
ITEM 2. IDENTITY AND BACKGROUND.
This Statement is being 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. Halcyon, ABS & Co.
and Slifka are referred to herein as the "Reporting Persons."
Halcyon is a limited liability company organized under
the laws of the State of Delaware. The principal business
address of Halcyon is 477 Madison Avenue, 8th Floor, New York,
New York 10022. The members of Halcyon are Alan B. Slifka and
Company, Limited, Alan B. Slifka, Herbert S. Adler, John M.
Bader, Randolph W. Slifka, and James W. Sykes (collectively, the
"Members"). ABS & Co. is a corporation organized under the laws
of the State of New York and has its principal business address
at 477 Madison Avenue, 8th Floor, New York, New York 10022.
Slifka is an individual resident of the State of New York with a
mailing address of Alan B. Slifka, c/o Alan B. Slifka and
Company, Limited, 477 Madison Avenue, New York, New York 10022.
The executive officers and directors of ABS & Co. are
Alan B. Slifka (President and sole director), James Sykes (Vice
President) and James Pasquarelli (Treasurer and Secretary) (the
"Instruction C Persons").
During the last five years, neither the Reporting
Persons, any Member, nor any Instruction C Person (i) has been
convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors) or (ii) has been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject
to a judgment, decree or final order enjoining future
Page 5 of 16 Pages
<PAGE>
violations of, or prohibiting or mandating activities subject to,
federal or state securities laws, or finding any violation with
respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER
CONSIDERATION.
The total consideration for the acquisition of the
shares of Common Stock is $2,897,780. The funds to acquire the
shares of Common Stock acquired by Halcyon on behalf of its
clients, including certain of the limited partnerships in which
Halcyon is the general partner, came from the working capital of
such clients.
ITEM 4. PURPOSE OF THE TRANSACTION.
On behalf of certain clients to whom Halcyon provides
investment advice and management services, including clients who
are limited partnerships in which Halcyon is the general partner,
Halcyon has acquired the Common Stock covered by this Statement
for investment purposes. Halcyon intends to evaluate the
performance of such Common Stock as an investment in the ordinary
course of its business. Halcyon may seek to acquire additional
Common Stock or to dispose of some or all of the Common Stock
which it beneficially owns. Such actions will depend upon a
variety of factors, including, without limitation, current and
anticipated future trading prices for such securities, any
further actions taken by unrelated third parties who have
indicated they are seeking control of the Issuer, the financial
condition, results of operations and prospects of the Issuer,
alternate investment opportunities, and general economic,
financial market and industry conditions.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) As of January 31, 1996, certain clients of
Halcyon, including certain limited partnerships in which Halcyon
is the general partner, beneficially owned 220,000 shares of
Common Stock representing 8.3% of the outstanding shares of
Common Stock. This percentage is based upon 2,641,033 shares of
the Common Stock outstanding as of January 16, 1996, as reported
in the Issuer's most recently filed Schedule 14A. Because
Halcyon has full investment discretion over, including the power
to dispose of, the
Page 6 of 16 Pages
<PAGE>
Common Stock, as of January 31, 1996, Halcyon may be deemed to
have beneficially owned 220,000 shares of Common Stock. Further,
as managing member of Halcyon, ABS & Co. also may be deemed to
have beneficially owned 220,000 shares of Common Stock as of
January 31, 1996. As the sole shareholder of ABS & Co., Slifka
also may be deemed to have beneficially owned 220,000 shares of
Common Stock as of January 31, 1996.
(b) ABS & Co., as managing member of Halcyon, has sole
power to dispose or direct the disposition of the Common Stock
beneficially owned by Halcyon.
(c) During the past sixty days, on behalf of certain
of its clients, including certain limited partnerships in which
Halcyon is the general partner, Halcyon has purchased the
following shares of Common Stock, at the following prices, in
each case in the over-the-counter market:
Trade Date Number of Shares Price per Share($)
__________ ________________ __________________
12/12/95 100 12
12/12/95 3600 12-1/4
12/12/95 1400 12-5/16
12/12/95 4800 12-1/8
12/12/95 1200 11-9/16
12/12/95 100 12
12/12/95 3000 12-1/4
12/12/95 1100 12-5/16
12/12/95 4000 12-1/8
12/12/95 1000 11-9/16
12/12/95 400 12-1/4
12/12/95 100 12-5/16
12/12/95 500 12-1/8
12/12/95 100 11-9/16
12/12/95 100 12
12/12/95 2800 12-1/4
12/12/95 1100 12-5/16
12/12/95 3700 12-1/8
12/12/95 800 11-9/16
12/13/95 2200 12-3/8
Page 7 of 16 Pages
<PAGE>
12/13/95 500 12-5/16
12/13/95 300 12-3/8
12/13/95 100 12-5/16
12/13/95 3000 12-3/8
12/13/95 700 12-5/16
12/13/95 2500 12-3/8
12/13/95 500 12-5/16
12/14/95 400 12-1/4
12/14/95 800 12-3/8
12/14/95 500 12-1/4
12/14/95 900 12-3/8
12/14/95 100 12-1/4
12/14/95 100 12-3/8
12/14/95 400 12-1/4
12/14/95 700 12-3/8
12/19/95 600 12-5/16
12/19/95 100 12-5/16
12/19/95 800 12-5/16
12/19/95 500 12-5/16
12/20/95 2000 12-5/16
12/20/95 900 12-5/16
12/20/95 200 12-5/16
12/20/95 1500 12-5/16
12/21/95 1700 12-5/16
12/21/95 200 12-5/16
12/21/95 1000 12-5/16
12/21/95 2100 12-5/16
12/22/95 500 12-5/16
12/22/95 1200 12-5/16
12/22/95 100 12-5/16
12/22/95 800 12-5/16
12/27/95 1400 12-5/16
12/27/95 1900 12-5/16
12/27/95 1500 12-5/16
12/27/95 200 12-5/16
12/28/95 300 12-5/16
12/28/95 2200 12-5/16
12/28/95 2700 12-5/16
12/28/95 2000 12-5/16
12/29/95 1100 12-5/16
12/29/95 1500 12-5/16
Page 8 of 16 Pages
<PAGE>
12/29/95 1300 12-5/16
12/29/95 200 12-5/16
1/2/96 200 12-5/16
1/2/96 1100 12-5/16
1/2/96 1500 12-5/16
1/2/96 1200 12-5/16
1/3/96 600 12-5/16
1/3/96 700 12-5/16
1/3/96 500 12-5/16
1/3/96 100 12-5/16
1/10/96 200 12-1/8
1/10/96 1600 12-1/8
1/10/96 1800 12-1/8
1/10/96 1400 12-1/8
1/11/96 5600 12-1/8
1/11/96 7400 12-1/8
1/11/96 6200 12-1/8
1/11/96 800 12-1/8
1/15/96 200 12-1/16
1/15/96 1600 12-1/16
1/15/96 1900 12-1/16
1/15/96 1300 12-1/16
1/16/96 2800 12-7/8
1/16/96 400 12-7/8
1/16/96 3100 12-7/8
1/16/96 3700 12-7/8
1/23/96 2400 14-1/4
1/23/96 2000 14-1/4
1/23/96 200 14-1/4
1/23/96 1900 14-1/4
1/25/96 8000 14-1/4
1/25/96 6700 14-1/4
1/25/96 800 14-1/4
1/25/96 6200 14-1/4
1/30/96 10000 14-1/4
1/31/96 39000 14-1/4
1/31/96 1000 14-3/16
Except as described above, no Reporting Person has
effected any transactions in the Common Stock during the past
sixty days.
Page 9 of 16 Pages
<PAGE>
(d) Certain clients of Halcyon, including certain
limited partnerships in which Halcyon is the general partner,
have the right to receive dividends from the Common Stock.
(e) Not Applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS
OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
No Reporting Person is a party to any contract,
arrangement, understanding or relationship with respect to any
securities of the Issuer.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
(1) Joint Filing Agreement, dated February 1, 1996,
between Halcyon/Alan B. Slifka Management Company LLC, Alan B.
Slifka and Company, Limited, and Alan B. Slifka.
(2) Power of Attorney appointing James H. Schropp
attorney-in-fact for Halcyon/Alan B. Slifka Management Company
LLC.
(3) Power of Attorney appointing James H. Schropp
attorney-in-fact for Alan B. Slifka and Company, Limited.
(4) Power of Attorney appointing James H. Schropp
attorney-in-fact for Alan B. Slifka.
Page 10 of 16 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: February 1, 1996
ALAN B. SLIFKA AND COMPANY,
LIMITED
By: /s/ James H. Schropp
Name: James H. Schropp
Title: Attorney-in-Fact
Dated: February 1, 1996
ALAN B. SLIFKA
By: /s/ James H. Schropp
Name: James H. Schropp
Title: Attorney-in-Fact
Dated: February 1, 1996
Page 11 of 16 Pages
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Exhibit Page
(1) Joint Filing Agreement dated February 1, 1996 between
Halcyon/Alan B. Slifka Management Company LLC, Alan B.
Slifka and Company, Limited, and Alan B. Slifka. 13
(2) Power of Attorney appointing James H. Schropp
attorney-in-fact for Halcyon/Alan B. Slifka
Management Company LLC. 14
(3) Power of Attorney appointing James H. Schropp
attorney-in-fact for Alan B. Slifka and Company,
Limited. 15
(4) Power of Attorney appointing James H. Schropp
attorney-in-fact for Alan B. Slifka. 16
Page 12 of 16 Pages
EXHIBIT (1)
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) promulgated under the
Securities Exchange Act of 1934, the undersigned agree to the
joint filing of a Statement on Schedule 13D (including any and
all amendments thereto) with respect to the shares of common
stock, par value $1.00 per share, of Communication Cable, Inc.,
and further agree that this Joint Filing Agreement be included as
an Exhibit thereto. In addition, each party to this Agreement
expressly authorizes each other party to this Agreement to file
on its behalf any and all amendments to such Statement.
HALCYON/ALAN B. SLIFKA MANAGEMENT
COMPANY LLC
By: /s/ James H. Schropp
Name: James H. Schropp
Title: Attorney-in-Fact
Dated: February 1, 1996
ALAN B. SLIFKA AND COMPANY,
LIMITED
By: /s/ James H. Schropp
Name: James H. Schropp
Title: Attorney-in-Fact
Dated: February 1, 1996
ALAN B. SLIFKA
By: /s/ James H. Schropp
Name: James H. Schropp
Title: Attorney-in-Fact
Dated: February 1, 1996
Page 13 of 16 Pages
EXHIBIT (2)
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that Halcyon/Alan B. Slifka
Management Company, LLC, whose signature appears below,
constitutes and appoints James H. Schropp as attorney-in-fact and
agent for the undersigned solely for the purpose of executing
reports required under Sections 13 and 16 of the Securities and
Exchange Act of 1934, and filing the same, with exhibits thereto,
and other documents in connection therewith, with the Securities
and Exchange Commission, thereby ratifying and confirming all
that said attorney-in-fact may do or cause to be done by virtue
hereof.
HALCYON/ALAN B. SLIFKA
MANAGEMENT COMPANY LLC
By: /s/ Alan B. Slifka and
Company, Limited
Name: Alan B. Slifka and
Company, Limited
its: Managing Member
By: /s/ James Pasquarelli
its: Treasurer
Page 14 of 16 Pages
EXHIBIT (3)
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that Alan B. Slifka and Company,
Limited, whose signature appears below, constitutes and appoints
James H. Schropp as attorney-in-fact and agent for the
undersigned solely for the purpose of executing reports required
under Sections 13 and 16 of the Securities and Exchange Act of
1934, and filing the same, with exhibits thereto, and other
documents in connection therewith, with the Securities and
Exchange Commission, thereby ratifying and confirming all that
said attorney-in-fact may do or cause to be done by virtue
hereof.
ALAN B. SLIFKA AND COMPANY,
LIMITED
By: /s/ James Pasquarelli
Name: James Pasquarelli
its: Treasurer
Page 15 of 16 Pages
EXHIBIT (4)
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that Alan B. Slifka, whose
signature appears below, constitutes and appoints James H.
Schropp as attorney-in-fact and agent for the undersigned solely
for the purpose of executing reports required under Sections 13
and 16 of the Securities and Exchange Act of 1934, and filing the
same, with exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, thereby
ratifying and confirming all that said attorney-in-fact may do or
cause to be done by virtue hereof.
ALAN B. SLIFKA
/s/ Alan B. Slifka
Page 16 of 16 Pages
