SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
RailTex, Inc.
-----------------------
(Name of Issuer)
Common Stock
-----------------------
(Title of Class of Securities)
750766-10-7
----------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five
percent or less of such class.) (See Rule 13d-7.)
*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).
(Continued on following pages(s))
<PAGE>
CUSIP NO. 750766-10-7
- -----------------------------------------------------------------
1) Name of Reporting Persons Smith Barney Inc.
S.S. or I.R.S Identification 13-2912973
No. of Above Person
- -----------------------------------------------------------------
2) Check the Appropriate Box (a)
if a Member of a Group --------------------
(See Instructions) (b)
--------------------
- -----------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------
4) Citizenship or Place of Organization
Delaware
- -----------------------------------------------------------------
Number of Shares (5) Sole Voting Power 0
Beneficially Owned (6) Shared Voting Power 212,000
by Each Reporting (7) Sole Dispositive Power 0
Person with (8) Shared Dispositive Power 212,000
- -----------------------------------------------------------------
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 212,000
- -----------------------------------------------------------------
10) Check if the Aggregate Amount
in Row 9 Excludes Certain
Shares (See Instructions)
- -----------------------------------------------------------------
11) Percent of Class Represented
by Amount in Row 9 2.9%
- -----------------------------------------------------------------
12) Type of Reporting Person CO, HC
(See Instructions)
- -----------------------------------------------------------------
<PAGE>
CUSIP NO. 750766-10-7
- -----------------------------------------------------------------
1) Name of Reporting Persons Smith Barney
S.S. or I.R.S Identification Holdings, Inc.
No. of Above Person 06-1274088
- -----------------------------------------------------------------
2) Check the Appropriate Box (a)
if a Member of a Group --------------------
(See Instructions) (b)
--------------------
- -----------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------
4) Citizenship or Place of Organization
Delaware
- -----------------------------------------------------------------
Number of Shares (5) Sole Voting Power 0
Beneficially Owned (6) Shared Voting Power 212,000
by Each Reporting (7) Sole Dispositive Power 0
Person with (8) Shared Dispositive Power 212,000
- -----------------------------------------------------------------
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 212,000
- -----------------------------------------------------------------
10) Check if the Aggregate Amount
in Row 9 Excludes Certain
Shares (See Instructions)
- -----------------------------------------------------------------
11) Percent of Class Represented
by Amount in Row 9 2.9%
- -----------------------------------------------------------------
12) Type of Reporting Person CO
(See Instructions)
- -----------------------------------------------------------------
<PAGE>
CUSIP NO. 750766-10-7
- -----------------------------------------------------------------
1) Name of Reporting Persons The Travelers Inc.
S.S. or I.R.S Identification 52-1568099
No. of Above Person
- -----------------------------------------------------------------
2) Check the Appropriate Box (a)
if a Member of a Group --------------------
(See Instructions) (b)
--------------------
- -----------------------------------------------------------------
3) SEC Use Only
- -----------------------------------------------------------------
4) Citizenship or Place of Organization
Delaware
- -----------------------------------------------------------------
Number of Shares (5) Sole Voting Power 0
Beneficially Owned (6) Shared Voting Power 212,000
by Each Reporting (7) Sole Dispositive Power 0
Person with (8) Shared Dispositive Power 212,000
- -----------------------------------------------------------------
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 212,000
- -----------------------------------------------------------------
10) Check if the Aggregate Amount
in Row 9 Excludes Certain
Shares (See Instructions)
- -----------------------------------------------------------------
11) Percent of Class Represented
by Amount in Row 9 2.9%
- -----------------------------------------------------------------
12) Type of Reporting Person HC
(See Instructions)
- -----------------------------------------------------------------
<PAGE>
Item 1(a) Name of Issuer:
RailTex, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
4040 Broadway, Suite 200
San Antonio, Texas 78209
Item 2(a) Names of Persons Filing:
Smith Barney Inc. ("SBI")
Smith Barney Holdings, Inc. ("SB Holdings")
The Travelers Inc. ("TRV")
Item 2(b) Address of Principal Business Office or, if none, Residence:
The address of the principal business office of SBI
is:
1345 Avenue of the Americas
New York, NY 10105
<PAGE>
The address of the principal business office of each of SB Holdings
and TRV is:
65 East 55th Street
New York, NY 10022
Item 2(c) Citizenship:
SBI, SB Holdings and TRV are Delaware Corporations.
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
750766-10-7
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-
2(b), check whether the person filing is a:
(a) [ X ] Broker or Dealer registered under Sec. 15 of
the Act
(b) [ ] Bank as defined in Sec. 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Sec. 3(a)(19)
of the Act
(d) [ ] Investment Company registered under Sec. 8 of
the Investment Company Act
(e) [ ] Investment Adviser registered under Sec. 203
of the Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which
is subject to the provisions of the
Employee Retirement Income Security Act of
1974 or Endowment Fund; see
Sec. 240.13d-1(b)(1)(ii)(F)
(g) [ X ] Parent Holding Company, in accordance with
Sec. 240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with Sec.
240.13d-1(b)(1)(ii)(H)
Item 4. Ownership (as of December 31, 1994)
(a) Amount Beneficially Owned: See Item 9 of cover pages
(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
<PAGE>
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the disposition of
(iv) shared power to dispose or to direct the disposition of
See Items 5-8 of cover pages
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that 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
[ X ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding Company
SB Holdings is the sole stockholder of SBI, and TRV is the sole
stockholder of SB Holdings.
<PAGE>
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
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: February 2, 1995
- -----------------------
SMITH BARNEY INC.
By: /s/ Howard M. Darmstadter
------------------------------
Signature
Howard M. Darmstadter/Assistant Secretary
- -----------------------------------------
Name/Title
SMITH BARNEY HOLDINGS, INC.
By: /s/ Howard M. Darmstadter
------------------------------
Signature
Howard M. Darmstadter/Assistant Secretary
- -----------------------------------------
Name/Title
THE TRAVELERS INC.
By: /s/ Charles J. Gallo, Jr.
----------------------------
Signature
Charles J. Gallo, Jr./Assistant Controller
- ------------------------------------------
Name/Title
<PAGE>
EXHIBIT INDEX TO SCHEDULE 13G
-----------------------------
Agreement by the parties as to joint filing of Schedule 13G
EXHIBIT 1
AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G
--------------------------------------------
The undersigned hereby agree that the foregoing statement on Schedule
13G dated February 2, 1995 is filed on behalf of each of the undersigned.
SMITH BARNEY INC.
By: /s/ Howard M. Darmstadter
------------------------------
Howard M. Darmstadter
Assistant Secretary
SMITH BARNEY HOLDINGS, INC.
By: /s/ Howard M. Darmstadter
------------------------------
Howard M. Darmstadter
Assistant Secretary
THE TRAVELERS INC.
By: /s/ Charles J. Gallo, Jr.
----------------------------
Charles J. Gallo, Jr.
Assistant Controller
Date: February 2, 1995
