SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)
CARSON PIRIE SCOTT & CO.
(Name of Issuer)
Common Stock, $0.01 Par Value
(Title of Class of Securities)
145 903 100
(CUSIP Number)
Glen J. Cocchiola, Esq.
Dillon, Bitar & Luther
53 Maple Avenue
P.O. Box 398
Morristown, NJ 07963-0398
(201) 539-3100
(Name, Address and Telephone Number of Person Authorized to
Receive Notices & Communications)
September 18, 1996
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box. [ ]
Check the following box if a fee is being paid with the
statement. [ ]
(A fee is not required only if the reporting 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.)
<PAGE>
SCHEDULE 13D
CUSIP No. 145 903 100
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Intermarket Corp.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS* PF
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
__________________
| 7. SOLE VOTING POWER --
NUMBER OF |
SHARES |
BENEFICIALLY | 8. SHARED VOTING POWER 727,795
OWNED BY |
EACH |
REPORTING | 9. SOLE DISPOSITIVE POWER --
PERSON |
WITH |
__________________| 10. SHARED DISPOSITIVE POWER 727,795
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 727,795
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* (See Instructions) [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.5%
14. TYPE OF REPORTING PERSON* CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!<PAGE>
Item 1. SECURITY AND ISSUER.
This Amendment No. 4 to Statement on Schedule 13D is
filed with respect to Carson Pirie Scott & Co. (the "Issuer"),
which has its principal executive offices at 331 West Wisconsin
Avenue, Milwaukee, Wisconsin 53203, telephone number (414) 347-4141.
This Statement relates to the Issuer's common stock, par
value $.01 (the "Common Stock"). This Statement is filed by
Intermarket Corp. ("Intermarket").
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
This Item is amended to add: Intermarket provides
investment management services to corporations and acts as
general partner of investment limited partnerships. As of the
date of this Amendment No. 4, such corporations or partnerships
hold in the aggregate 727,795 shares of the Issuer's Common Stock
or 4.5% of the outstanding shares based upon 16,099,700 shares
outstanding as of August 3, 1996. As a result of Intermarket's
investment management services to these entities, Intermarket may
be deemed to have shared voting and dispositive power over such
shares with such holders.
Intermarket has had no transaction in the securities of
the Issuer, and none of the entities for which it provides
investment management services to has had transactions in the
securities of the Issuer in the last sixty (60) days except for
the following sales:
Date Amount Price
____ ______ _____
9/14/96 8,000 26.125
9/18/96 94,200 24.625
As of September 18, 1996, Intermarket no longer beneficially
owned in excess of 5% of the Issuer's Common Stock.
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.
INTERMARKET CORP.
Dated: September 25, 1996 By: IAN MAC KENZIE
________________________
Ian MacKenzie, Vice President
