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Dwain A. Newman
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Amendment No. 4
Under the Securities Exchange Act of 1934
National Home Centers, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
636-376-105
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(CUSIP Number)
*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)
Page 1 of 5 Pages
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SCHEDULE 13G
CUSIP No. 636-376-105 Page 2 of 5 Pages
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Dwain A. Newman
2. Check the appropriate box if a member of a group
(a) [ ]
(b) [X]
3. SEC USE ONLY
4. Citizenship or Place of Organization
United States of America
[ 5. Sole Voting Power - 4,466,264
Number of Shares [ 6. Shared Voting Power - 26,546 /1/
Beneficially Owned
By Each Reporting [ 7. Sole Dispositive Power - 4,466,264
Person With
[ 8. Shared Dispositive Power - 26,546 /1/
9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,492,810
10. Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares
Not Applicable [ ]
11. Percent of Class Represented by Amount in Row 9
62.9%
/1/ 13,046 shares owned of record by Glenda R. Newman, Mr. Newman's wife,
to which Mr. Newman disclaims beneficial ownership. 3,500 shares owned of record
by Dwain A. Newman and Glenda R. Newman. 5,000 shares owned of record by Dwain
A. Newman, as custodian for Jay Jackson Newman under the Arkansas Uniform
Transfer To Minors Act, to which Mr. Newman disclaims beneficial ownership.
5,000 shares owned of record by Dwain A. Newman, as custodian for Shelby Lee
Newman under the Arkansas Uniform Transfer To Minors Act, to which Mr. Newman
disclaims beneficial ownership.
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SCHEDULE 13G
CUSIP No. 636-376-105 Page 3 of 5 Pages
12. Type of Reporting Person
IN
Item 1(a). Name of Issuer
National Home Centers, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices
Highway 265 North
Springdale, Arkansas 72756
Item 2(a). Name of Person Filing
Dwain A. Newman
Item 2(b). Address of Principal Business Office or, if None, Residence
Highway 265 North
Springdale, Arkansas 72756
Item 2(c). Citizenship
United States of America
Item 2(d). Title of Class of Securities
Common Stock, $.01 par value
Item 2(e). CUSIP No.
636-376-105
Item 3. Not Applicable
Item 4. Ownership
(a) Amount Beneficially Owned: 4,492,810 shares /(1)/
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/(1)/ 13,046 shares owned of record by Glenda R. Newman, Mr. Newman's wife, to
which Mr. Newman disclaims beneficial ownership. 3,500 shares owned of record by
Dwain A. Newman and Glenda R. Newman. 5,000 shares owned of record by Dwain A.
Newman, as custodian for Jay Jackson Newman under the Arkansas Uniform Transfer
To Minors Act, to which Mr. Newman disclaims beneficial ownership. 5,000 shares
owned of record by Dwain A. Newman, as custodian for Shelby Lee Newman under the
Arkansas Uniform Transfer To Minors Act, to which Mr. Newman disclaims
beneficial ownership.
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SCHEDULE 13G
CUSIP No. 636-376-105 Page 4 of 5 Pages
(b) Percent of Class: 62.9%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote -
4,466,264
(ii) shared power to vote or to direct the vote -
26,546/(1)/
(iii) sole power to dispose or to direct the
disposition of - 4,466,264
(iv) shared power to dispose or to direct the
disposition of - 26,546/(1)/
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable
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
Not Applicable
Item 8. Identification and Classification of Members of the Group
Not Applicable
________________________________________________________________________________
/(1)/ 13,046 shares owned of record by Glenda R. Newman, Mr. Newman's wife, to
which Mr. Newman disclaims beneficial ownership. 3,500 shares owned of record
by Dwain A. Newman and Glenda R. Newman. 5,000 shares owned of record by Dwain
A. Newman, as custodian for Jay Jackson Newman under the Arkansas Uniform
Transfer To Minors Act, to which Mr. Newman disclaims beneficial ownership.
5,000 shares owned of record by Dwain A. Newman, as custodian for Shelby Lee
Newman under the Arkansas Uniform Transfer To Minors Act, to which Mr. Newman
disclaims beneficial ownership.
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SCHEDULE 13G
CUSIP No. 636-376-105 Page 5 of 5 pages
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certification
Not Applicable
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.
2-19-98
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Date
/s/ Dwain A. Newman
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Dwain A. Newman
Chairman, Chief Executive Officer
And President
