ONE PRICE CLOTHING STORES INC
SC 13G, 2000-03-24
WOMEN'S CLOTHING STORES
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                                 (Rule 13d-102)

  Information to be Included in Statements Filed Pursuant to Rule 13d-1(b), (c)
          and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2.

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 5)*

                         One Price Clothing Stores, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                          Common Stock, $.01 par value
- --------------------------------------------------------------------------------
                          (Title of Class of Securities

                                   682411 10 3
- --------------------------------------------------------------------------------
                                  CUSIP Number

                                 Annual Filing
- --------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:


          _____  Rule 13d-1(b)

            X    Rule 13d-1(c)

          _____  Rule 13d-1(d)

*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 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  (however,  see the
Notes).

<PAGE>


- ------------------------------------- ----------------------------------- ------
CUSIP No. 682411 10 3                 13G                      Page 2 of 5 Pages
- ------------------------------------- ----------------------------------- ------

- --------- ----------------------------------------------------------------------
1         NAME OF REPORTING PERSON
          S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only)

          Henry D. Jacobs, Jr.

- --------- ----------------------------------------------------------------------
          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2                                                         (a) ______
                                                          (b) ______

- --------- ----------------------------------------------------------------------
          SEC USE ONLY
3


- --------- ----------------------------------------------------------------------
          CITIZENSHIP OR PLACE OF ORGANIZATION
4
          United States of America
- -------------------------- --- -------------------------------------------------




        NUMBER OF
         SHARES
      BENEFICIALLY
        OWNED BY
          EACH             5   SOLE VOTING POWER
        REPORTING
       PERSON WITH             1,408,200
- -------------------------- --- -------------------------------------------------
                           6   SHARED VOTING POWER

                               165,000  (See Note 1)
- -------------------------- --- -------------------------------------------------
                           7   SOLE DISPOSITIVE POWER

                               1,408,200
- -------------------------- --- -------------------------------------------------
                           8   SHARED DISPOSITIVE POWER

                               165,000  (See Note 1)
- -------------------------- -----------------------------------------------------
9                          AGGREGTE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
                           PERSON

                           1,573,200   (See Note 1)
- -------------------------- -----------------------------------------------------
10                         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
                           CERTAIN SHARES  ______


- -------------------------- -----------------------------------------------------
11                         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                           15%
- -------------------------- -----------------------------------------------------
12                         TYPE OF REPORTING PERSON*

                           IN
- -------------------------- -----------------------------------------------------
                      * SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>

Item 1(a)         Name of Issuer:

                  One Price Clothing Stores, Inc.

Item 1(b)         Address of Issuer's Principal Executive Offices:

                  290 Commerce Park
                  Highway 290
                  Duncan, South Carolina  29334

Item 2(a)         Name of Person Filing:

                  Henry D. Jacobs, Jr.

Item 2(b)         Address of Principal Business Office, or, if none, Residence:

                  320 Dale Drive
                  Spartanburg, South Carolina  29307

Item 2(c)         Citizenship:

                  United States of America

Item 2(d)         Title of Class of Securities:

                  Common Stock, $.01 par value per share

Items 2(e)        CUSIP Number:

                  682411 10 3

Item 3            If this statement is filed pursuant to Rules 13d-1-(b) or
                  13d-2(b), check whether the person filing is a:

                  Inapplicable

Items 4           Ownership

     If the percent of the class owned, as of December 31 of the year covered by
the  statement,  or as of the  last day of any  month  described  in Rule  13d-1
(b)(2), if applicable,  exceeds five percent,  provide the following information
as of that date and identify those shares which there is a right to acquire.


<PAGE>


(a)               Amount beneficially owned:

                           1,573,200  (See Note 1)

(b)               Percent of Class:

                           15%

(c)               Number of shares as to which such person has:


                 (i)  power to vote or to direct the vote:

                                    1,408,200


                 (ii) shares power to vote or to direct the vote:

                                    165,000  (See Note 1)

                 (iii)sole power to dispose or to direct the disposition of:

                                    1,408,200

                 (iv) shares power to dispose or to direct the disposition of:

                                    165,000  (See Note 1)

     Note 1 Mr. Jacobs may be deemed to share voting and  investment  power with
     respect to an aggregate of 165,000  shares held of record by his wife.  The
     filing of this  statement  shall not be construed as an admission  that Mr.
     Jacobs  is,  for  purposes  of  Section  13(d) or  13(g) of the  Securities
     Exchange Act of 1934, the beneficial owner of such shares.

Item 5   Ownership of Five Percent of Less of a Class.

         Inapplicable

Item 6   Ownership of More than five Percent on Behalf of Another Person.

         Inapplicable

Item 7   Identification and Classification of the Subsidiary Which Acquired the
         Security Being Reported by the Parent Holding Company.

         Inapplicable

Item 8   Identification and Classification of the Members of the Group.

         Inapplicable


<PAGE>


Item 9            Notice of Dissolution of Group.

                  Inapplicable

Item 10  Certification

                  Inapplicable


                                    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.


Date:       March 23, 2000
- -----       --------------

Signature:  s/ Henry D. Jacobs, Jr.
- ----------  -----------------------

Name:   Henry D. Jacobs, Jr.





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