UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
Filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934 and Rule 13-a-17 or 15d-17 thereunder
National Capital Management Corporation
(Exact name of issuer as specified in charter)
50 California Street, San Francisco, CA 94111
(Address of principal executive offices)
Issuer's telephone number, including area code (415) 989-2661
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number
of shares outstanding:
1. Title of security Common Stock
2. Number of shares outstanding before the change 5,009,257
3. Number of shares outstanding after the change 1,650,524
4. Effective date of change July 11, 1995
5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)
Reverse split
Give brief description of transaction Pursuant to the approval
of the stockholders on June 28, 1995, the Registrant implemented a
reverse stock split which was effective on July 11, 1995, whereby
each three shares of Common Stock was converted into one share of
Common Stock. If any fractional shares results from the conversion,
the Registrant shall pay in cash to the respective holders of such
fractions the fair value of such fractions.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change
2. Name after change
3. Effective date of charter amendment changing name
4. Date if shareholder approval of change, if required
Date July 12, 1995 \s\ Leslie A. Filler
By: Leslie A. Filler
Principal Financial Officer and
Principal Accounting Officer
