January 29, 1999
David Bovee
Dura Automotive Systems Inc.
4508 IDS Center
Minneapolis, MN 55402
RE: Amended Schedule 13G
Enclosed pursuant to Rule 13d-2(b) under the Securities Exchange
Act of 1934 is a report on Schedule 13G reporting beneficial
ownership at December 31, 1998 by American Express Company,
American Express Financial Corporation, and IDS Discovery Fund,
Inc. in Common stock of Dura Automotive Systems Inc..
Sincerely,
Steve Turbenson
Director - External Reports and Tax
Enclosure
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
Dura Automotive Systems Inc.
- -------------------------------------------------------------------
(Name of Issuer)
Amendment #3
Common Stock
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(Title of Class of Securities)
265903-10-4
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(CUSIP Number)
The information required in the remainder of this cover page
(except any items to which the form provides a cross-reference)
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.
<PAGE>
CUSIP NO. 265903-10-4
1) Name of Reporting Person American Express Company
S.S. or I.R.S. Identification IRS No. 13-4922250
No. of Above Person
- -------------------------------------------------------------------
2) Check the Appropriate Box (a)
if a Member of a Group (b) X - Joint Filing
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3) SEC Use Only
- -------------------------------------------------------------------
4) Citizenship or Place of Organization New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
(5)Sole Voting Power -0-
(6)Shared Voting Power 400,114
(7)Sole Dispositive Power -0-
(8)Shared Dispositive Power 950,114
- -------------------------------------------------------------------
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 950,114
- -------------------------------------------------------------------
10) Check if the Aggregate Amount in
Row (9) Excludes Certain Shares Not Applicable
- -------------------------------------------------------------------
11) Percent of Class Represented by
Amount In Row (9) 10.5%
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12) Type of Reporting Person CO, HC
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<PAGE>
CUSIP NO. 265903-10-4
1) Name of Reporting Person American Express Financial Corporation
S.S. or I.R.S. Identification IRS No. 13-3180631
No. of Above Person
- -------------------------------------------------------------------
2) Check the Appropriate Box (a)
if a Member of a Group (b) X - Joint Filing
- -------------------------------------------------------------------
3) SEC Use Only
- -------------------------------------------------------------------
4) Citizenship or Place of Organization Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
(5)Sole Voting Power -0-
(6)Shared Voting Power 400,114
(7)Sole Dispositive Power -0-
(8)Shared Dispositive Power 950,114
- -------------------------------------------------------------------
- -------------------------------------------------------------------
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 950,114
- -------------------------------------------------------------------
10) Check if the Aggregate Amount in
Row (9) Excludes Certain Shares Not Applicable
- -------------------------------------------------------------------
11) Percent of Class Represented by
Amount In Row (9) 10.5%
- -------------------------------------------------------------------
12) Type of Reporting Person CO, IA
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<PAGE>
CUSIP NO 265903-10-4
1) Name of Reporting Person IDS Discovery Fund Inc.
S.S. or I.R.S. Identification IRS No. 41-1399805
No. of Above Person
- -------------------------------------------------------------------
2) Check the Appropriate Box (a)
if a Member of a Group (b) X - Joint Filing
- -------------------------------------------------------------------
3) SEC Use Only
- -------------------------------------------------------------------
4) Citizenship or Place of Organization Minnesota
- -------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH
(5)Sole Voting Power 550,000
(6)Shared Voting Power -0-
(7)Sole Dispositive Power -0-
(8)Shared Dispositive Power 550,000
- -------------------------------------------------------------------
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 550,000
- -------------------------------------------------------------------
10) Check if the Aggregate Amount in
Row (9) Excludes Certain Shares Not Applicable
- -------------------------------------------------------------------
11) Percent of Class Represented by
Amount In Row (9) 6.1%
- -------------------------------------------------------------------
12) Type of Reporting Person CO, IC
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<PAGE>
1(a) Name of Issuer: Dura Automotive Systems Inc.
1(b) Address of Issuer's Principal 4508 IDS Center
Executive Offices: Minneapolis, MN 55402
2(a) Name of Person Filing: American Express Company
American Express Financial Corporation
IDS Discovery Fund Inc.
2(b) Address of Principal Business Office:
American Express Company
American Express Tower
200 Vesey Street
New York, NY 10285
American Express Financial Corporation
IDS Tower 10
Minneapolis, MN 55440
IDS Discovery Fund Inc.
IDS Tower 10
Minneapolis, MN 55440
2(c) Citizenship: See Item 4 of Cover Page
2(d) Title of Class of Securities: Common Stock
2(e) Cusip Number: 265903-10-4
3 Information if statement is filed pursuant to Rules 13d-1(b) or 13d-2(b):
American Express Company, one of the persons filing this
statement, is a Parent Holding Company in accordance with
Rule 13d-1(b)(ii)(G).
American Express Financial Corporation, one of the
persons filing this statement, is an Investment Advisor
registered under section 203 of the Investment Advisors
Act of 1940.
IDS Discovery Fund Inc., one of the persons filing this
statement, is an Investment Company registered under
section 8 of the Investment Company Act.
4(a) Amount Beneficially Owned as of December 31, 1998:
See Item 9 of Cover Pages
4(b) Percent of Class: See Item 11 of Cover Pages
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote:See Item 5 of Cover Pages
(ii) Shared power to vote or direct the vote: See Item 6 of Cover Pages
(iii)Sole power to dispose or to direct the disposition of: See Item 7
of Cover Pages
(iv) Shared power to dispose or to direct the disposition of:
See Item 8 of Cover Pages
<PAGE>
5 Ownership of 5% or Less of a Class:
If this statement is being filed to report the fact
as of the date hereof the reporting person has ceased
to be the beneficial owner of more than five percent
of the class of securities, check the following ( ).
6 Ownership of more than 5% on Behalf of Another Person:
Not Applicable
7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding Company:
See Exhibit I
8 Identification and Classification of Members of the Group:
Not Applicable
9 Notice of Dissolution of Group: Not Applicable
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.
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.
American Express Financial Corporation
Dated: December 31, 1998 By ______________________
Signature
Steve Turbenson
Director - External Reports and Tax
Name/Title
Telephone:(612) 671-2059
<PAGE>
Exhibit Index
Exhibit I Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the
Parent Holding Company.
Exhibit II Statement of American Express Company
Exhibit III Statement of American Express Financial Corporation
Exhibit IV Statement of IDS Discovery Fund Inc.
<PAGE>
Exhibit I
to
Schedule 13G
One of the persons filing this statement is a parent holding
company. The relevant subsidiary, American Express Financial
Corporation, a Delaware Corporation, is registered as investment
advisor under section 203 of the Investment Advisors Act of 1940.
IDS Discovery Fund, Inc., a Minnesota Corporation, is registered
as an investment company under section 8 of the Investment
Company Act. IDS Discovery Fund, Inc. is advised by American
Express Financial Corporation.
<PAGE>
EXHIBIT II
to
SCHEDULE 13G
under the
Securities Exchange Act of 1934
American Express Company, American Express Tower, World
Financial Center, New York, New York disclaims beneficial
ownership of the securities referred to in the Schedule 13G to
which this exhibit is attached, and the filing of this Schedule
13G shall not be construed as an admission that American
Express Company is, for the purpose of Section 13(d) or 13(g)
of the Securities Exchange Act of 1934, the beneficial owner of
any securities covered by this Schedule 13G.
Pursuant to Rule 13d-1(f) (1) and subject to the preceding
disclaimer, American Express Company affirms it is individually
eligible to use Schedule 13G and agrees that this Schedule is
filed on its behalf, and authorizes the President, any Vice
President, the comptroller, the Secretary, the General Counsel,
any Associate General Counsel or any Counsel, each with power
to act singly, of each subsidiary of American Express Company
making this filing to sign this statement on behalf of American
Express Company.
AMERICAN EXPRESS COMPANY
By:____________________________
Name: Stephen P. Norman
Title: Secretary
<PAGE>
Exhibit III
to
Schedule 13G
Under the
Securities Exchange Act of 1934
Pursuant to Rule 13d-1(f)(1), American Express Financial
Corporation affirms that it is individually eligible to use
Schedule 13G and agrees that this Schedule is filed in its behalf.
American Express Financial Corporation
By:
Steve Turbenson
Director - External Reports
and Tax
<PAGE>
Exhibit IV
to
Schedule 13G
Under the
Securities Exchange Act of 1934
Pursuant to Rule 13d-1(f)(1), IDS Discovery Fund Inc. affirms
that it is individually eligible to use Schedule 13G and agree that this
Schedule is filed on its behalf.
IDS Discovery Fund Inc.
By:
Leslie L. Ogg
Vice President and General Counsel
