SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Pac Rim Holding Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
69371P100
(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 page(s))
Page 1 of 5 Pages
<PAGE>
CUSIP No.__69371P100__ 13G Page ___2____ of ____5___ Pages
- -----------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Allstate Corporation
36-3871531
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a) [ ]
(b) [ ]
N/A
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 1,107,272.73
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH
1,107,272.73
8 SHARED DISPOSITIVE POWER
0
- ------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,107,272.73
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.41%
12 TYPE OF REPORTING PERSON*
HC
- -----------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Item 1 (a) Name of Issuer:
Pac Rim Holding Corporation
(b) Address of Issuer's Principal Executive Offices:
6200 Canoga Avenue
Woodland Hills, California 91367-2402
Item 2 (a) Name of Person Filing:
The Allstate Corporation
(b) Address of Principal Business Office:
2775 Sanders Road
Northbrook, Illinois 60062-6127
(c) Citizenship:
Delaware
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 69371P100
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)( )Broker or Dealer registered under Section 15 of the Act
(b)( )Bank as defined in section 3(a)(6) of the Act
(c)( )Insurance Company as defined in Section 3(a)(19) of the
Act
(d)( )Investment Company registered under section 8 of the
Investment Company Act
(e)( )Investment Adviser registered under section 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 subparagraph
240.13d-1(b)(1)(ii)(F)
(g)(XX)Parent Holding Company, in accordance with sub-paragraph
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h)( )Group, in accordance with subparagraph 240.13d-1
(b)(1)(ii)(H)
Page 3 of 5 Pages
<PAGE>
Item 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.
(a) Amount Beneficially Owned: 1,107,272.73
Note: Right to acquire: 727,272.73 shares per convertible
debenture; 380,000 shares per Series 1, 2 and 3
detachable warrants. These securities were acquired
August 1994.
(b) Percent of Class:
10.41%
(c) Number of shares as to which such person has:
(I) sole power to vote or to direct the vote
1,107,272.73
(ii) shared power to vote or to direct the vote
0
(iii) sole power to dispose or to direct the
disposition of
1,107,272.73
(iv) shared power to dispose or to direct the
disposition of
0
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
( ).
Item 6 Ownership of More than Five Percent on Behalf of Another Person.
N/A
Page 4 of 5 Pages
<PAGE>
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security being Reported on by the Parent Holding
Company.
Allstate Insurance Company, a wholly owned subsidiary of the Allstate
Corporation, is an insurance company as that term is defined in Section
3(a)(19) of the Securities Exchange Act of 1934.
Item 8 Identification and Classification of Members of the Group.
N/A
Item 9 Notice of Dissolution of Group.
N/A
Item 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 purpose or effect.
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: December 20, 1996
THE ALLSTATE CORPORATION
By ALLSTATE INSURANCE COMPANY
By /s/MARY J. McGINN
----------------------
Its Authorized Signatory
Page 5 of 5 Pages