SPECIAL SITUATIONS FUND III L P
SC 13G/A, 1996-05-09
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                                    UNITED STATES
                          SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C. 20549

                                     SCHEDULE 13G

                      UNDER THE SECURITIES EXCHANGE ACT OF 1934
                            (AMENDMENT NO.    1      )(*)
                                          ----------

                             Jos. A Bank Clothiers, Inc.
- --------------------------------------------------------------------------------
                                   (Name of Issuer)

                            Common Stock, $ .01 Par Value
- --------------------------------------------------------------------------------
                            (Title of Class of Securities)

                                      480838101
                           -------------------------------
                                    (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).


                                  Page 1 of 12 pages

<PAGE>

CUSIP N0.  480838101                  13G                  Page  2  of 12  pages
        -------------                                         -----  -----

- --------------------------------------------------------------------------------
1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO OF ABOVE PERSON

         Special Situations Fund III, L.P. ("The Fund")
         F13-3737427

- --------------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(*)
                                                                (A) [ ]
                                                                (B) [ ]

- --------------------------------------------------------------------------------
3   SEC USE ONLY



- --------------------------------------------------------------------------------
4   CITIZENSHIP OR PLACE OF ORGANIZATION
         Delaware


- --------------------------------------------------------------------------------
              5    SOLE VOTING POWER
                        566,000

 NUMBER OF    ------------------------------------------------------------------
   SHARES     6    SHARED VOTING POWER
BENEFICIALLY            None
 OWNED BY
   EACH       ------------------------------------------------------------------
 REPORTING    7    SOLE DISPOSITIVE POWER
  PERSON                566,000
   WITH
             ------------------------------------------------------------------
              8    SHARED DISPOSITIVE POWER
                        None

- --------------------------------------------------------------------------------
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         566,000

- --------------------------------------------------------------------------------
10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(*)


- --------------------------------------------------------------------------------
11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         8.3%

- --------------------------------------------------------------------------------
12  TYPE OF REPORTING PERSON(*)
         IV

- --------------------------------------------------------------------------------
                       (*) SEE INSTRUCTION BEFORE FILLING OUT!


                                  Page 2 of 12 pages

<PAGE>
CUSIP N0.  480838101                  13G                  Page  3  of 12  pages
        -------------                                         -----  -----

- --------------------------------------------------------------------------------
1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO OF ABOVE PERSON

         MGP Advisers Limited Partnership ("MGP")
         F13-3263120

- --------------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(*)
                                                                (A) [ ]
                                                                (B) [X]

- --------------------------------------------------------------------------------
3   SEC USE ONLY



- --------------------------------------------------------------------------------
4   CITIZENSHIP OR PLACE OF ORGANIZATION
         Delaware


- --------------------------------------------------------------------------------
              5    SOLE VOTING POWER
                        None

 NUMBER OF    ------------------------------------------------------------------
   SHARES     6    SHARED VOTING POWER
BENEFICIALLY            None
 OWNED BY
   EACH       ------------------------------------------------------------------
 REPORTING    7    SOLE DISPOSITIVE POWER
  PERSON                566,000
   WITH
             ------------------------------------------------------------------
              8    SHARED DISPOSITIVE POWER
                        None

- --------------------------------------------------------------------------------
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         566,000

- --------------------------------------------------------------------------------
10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(*)


- --------------------------------------------------------------------------------
11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         8.3%

- --------------------------------------------------------------------------------
12  TYPE OF REPORTING PERSON(*)
         IA

- --------------------------------------------------------------------------------
                       (*) SEE INSTRUCTION BEFORE FILLING OUT!


                                  Page 3 of 12 pages

<PAGE>
CUSIP N0.  480838101                  13G                  Page  4  of 12  pages
        -------------                                         -----  -----

- --------------------------------------------------------------------------------
1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO OF ABOVE PERSON

         AWM Investment Company, Inc.
         11-3086452

- --------------------------------------------------------------------------------
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


- --------------------------------------------------------------------------------
              5    SOLE VOTING POWER
                        190,000

 NUMBER OF    ------------------------------------------------------------------
   SHARES     6    SHARED VOTING POWER
BENEFICIALLY            None
 OWNED BY
   EACH       ------------------------------------------------------------------
 REPORTING    7    SOLE DISPOSITIVE POWER
  PERSON                756,000
   WITH
             ------------------------------------------------------------------
              8    SHARED DISPOSITIVE POWER
                        None

- --------------------------------------------------------------------------------
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         756,000

- --------------------------------------------------------------------------------
10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(*)


- --------------------------------------------------------------------------------
11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         11.1%

- --------------------------------------------------------------------------------
12  TYPE OF REPORTING PERSON(*)
         IA

- --------------------------------------------------------------------------------
                       (*) SEE INSTRUCTION BEFORE FILLING OUT!


                                  Page 4 of 12 pages

<PAGE>
CUSIP N0.  480838101                  13G                  Page  5  of 12  pages
        -------------                                         -----  -----

- --------------------------------------------------------------------------------
1   NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO OF ABOVE PERSON

         Austin W. Marxe
         ###-##-####

- --------------------------------------------------------------------------------
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


- --------------------------------------------------------------------------------
              5    SOLE VOTING POWER
                        190,000

 NUMBER OF    ------------------------------------------------------------------
   SHARES     6    SHARED VOTING POWER
BENEFICIALLY            566,000
 OWNED BY
   EACH       ------------------------------------------------------------------
 REPORTING    7    SOLE DISPOSITIVE POWER
  PERSON                756,000
   WITH
             ------------------------------------------------------------------
              8    SHARED DISPOSITIVE POWER
                        None

- --------------------------------------------------------------------------------
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         756,000

- --------------------------------------------------------------------------------
10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(*)


- --------------------------------------------------------------------------------
11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         11.1%

- --------------------------------------------------------------------------------
12  TYPE OF REPORTING PERSON(*)
         IN

- --------------------------------------------------------------------------------
                       (*) SEE INSTRUCTION BEFORE FILLING OUT!


                                  Page 5 of 12 pages

<PAGE>

                                            Page 6 of 12 Pages

Item 1.

(a) NAME OF ISSUER:  Jos. A. Bank Clothiers, Inc.

(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
         500 Hanover Pike, Hampstead,  MD  21074

Item 2.

(a)-(c)  NAME OF PERSON FILING; ADDRESS OF PRINCIPAL BUSINESS OFFICE; AND 
PLACE OF ORGANIZATION: This statement is filed on behalf of (i) Special 
Situations Fund III, L.P., a Delaware limited partnership (the "Fund"), (ii) 
MGP Advisers Limited Partnership, a Delaware Limited Partnership ("MGP"), 
(iii) AWM Investment Company, Inc., a Delaware corporation ("AWM") and (iv) 
Austin W. Marxe.  Each of the foregoing is hereinafter individually referred 
to as a "Reporting Person" and collectively as the "Reporting Persons."  The 
principal office and business address of the Reporting Persons is 153 East 53 
Street, New York, New York 10022. The business of the Fund is to acquire, 
purchase, invest in, sell, convey, transfer, exchange and otherwise trade in 
principally equity and equity related securities. MGP is a general partner of 
and investment adviser to the Fund.  MGP is registered as an investment 
adviser under the Investment Advisers Act of 1940, as amended.  The principal 
business of MGP is to act as a general partner of and investment adviser to 
the Fund.  AWM, a Delaware corporation

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                                       Page 7 of 12 Pages

primarily owned by Austin Marxe, serves as the sole general partner of 
MGP.  AWM is a registered investment adviser under the Investment Advisers 
Act of 1940 and also serves as the investment adviser to, and general partner 
of, Special Situations Cayman Fund, L.P., a limited partnership formed under 
the laws of the Cayman Islands (the "Cayman Fund").  Austin W. Marxe is also 
the principal limited partner of MGP and is the President and Chief Executive 
Officer of AWM. Mr. Marxe is principally responsible for the selection, 
acquisition and disposition of the portfolio securities by AWM on behalf of 
MGP, the Fund and the Cayman Fund.

2(b)          TITLE OF CLASS OF SECURITIES: See cover sheets.

2(c)          CUSIP NUMBER:  See cover sheets.

Item 3.  IF THIS STATEMENT IS FILED PURSUANT TO RULE 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) (x)  Investment Company registered under section 8 of the Investment
         Company Act

(e) (x)  Investment Adviser registered under section 203 of the Investment
         Advisers Act of 1940

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                                       Page 8 of 12 Pages

(f) ( )  Employee Benefit Plan, Pension Fund which is subject to the provisions
         of the Employee Retirement Income Security Act of 1974 or Endowment 
         Fund

(g) (x)  Parent Holding Company, in accordance with $240.13d
         -1 (b) (ii) (G)

(h) ( )  Group, in accordance with $240.13d-1 (b) (1) (ii) (H)

See Exhibit A attached hereto.

Item 4.  OWNERSHIP:

(a)  AMOUNT BENEFICIALLY OWNED: 756,000 shares of Common Stock are 
beneficially owned by Austin W. Marxe and AWM; of which 566,000 shares are 
owned by the Fund and 190,000 shares are owned by the Cayman Fund. 566,000 
shares of Common Stock are beneficially owned by the Fund and MGP.

(b)  PERCENT OF CLASS:  11.1 percent of the Common Stock are beneficially 
owned by Austin Marxe and AWM. 8.3 percent of the Common Stock are 
beneficially owned by MGP and the Fund.

(c)  NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS RIGHTS TO VOTE AND/OR 
DISPOSE OF SECURITIES:  The Fund has the sole power to vote or to direct the 
vote and to dispose or to direct the disposition of all securities reported 
hereby which are beneficially owned by the Fund.  MGP has the sole power to 
dispose or to direct the disposition of all securities reported hereby which 
are beneficially owned by MGP.  AWM has the the sole power to vote or to

<PAGE>

                                       Page 9 of 12 Pages

direct the vote of securities reported hereby which are beneficially owned by 
AWM by virtue of it being the Investment Adviser to the Special Situations 
Cayman Fund, L.P..  AWM has the sole power to dispose or to direct the 
disposition of all securites reported hereby which are beneficially owned by 
AWM.  Austin Marxe has the sole power to vote or to direct the vote of 
securities reported hereby which are beneficially owned by Austin Marxe by 
virtue of being the primary owner of and President and Chief Executive 
Officer of AWM.  Austin W. Marxe has shared power to vote or to direct the 
vote of all shares beneficially owned by Austin Marxe by virtue of being an 
Individual General Partner of the Fund.  Austin W. Marxe has the sole power 
to dispose or to direct the disposition of all securities reported hereby 
which are beneficially owned by Austin Marxe.

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 that five percent of the 
class of securities, check the following .

Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
The Fund and the Cayman Fund as owners of the securities in question, have 
the right to receive any dividends from, or proceeds from the sale of, such 
securities.

<PAGE>

                                       Page 10 of 12 Pages

Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED 
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:  See Exhibit A 
attached hereto.

Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP:  Not applicable

Item 9. NOTICES OF DISSOLUTION OF GROUP:  Not applicable.

Item 10. CERTIFICATION:
Each of the undersigned certifies that, to the best of its or his knowledge 
and belief, the securities referred to above were acquired in the ordinary 
course of business and were 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.

<PAGE>

                                       Page 11 of 12 Pages

                                      SIGNATURE

   After reasonable inquiry and to the best of his knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.

Dated: May 6, 1996
      ---------------


                   SPECIAL SITUATIONS FUND III, L.P.



                   By:/s/ Austin W. Marxe
                      ---------------------------------
                      Austin W. Marxe
                      Individual General Parnter

                   MGP ADVISERS LIMITED PARTNERSHIP
                   By: AWM Investment Company, Inc.



                   By:/s/ Austin W. Marxe
                      ---------------------------------
                      Austin W. Marxe
                      President and Chief Executive Officer

                   AWM INVESTMENT COMPANY, INC.



                   By:/s/ Austin W. Marxe
                      ---------------------------------
                      Austin W. Marxe
                      President and Chief Executive Officer




                        /s/ Austin W. Marxe
                        ---------------------------------
                        AUSTIN W. MARXE


<PAGE>

                                       Page 12 of 12 Pages

                                      EXHIBIT A


   This Exhibit explains the relationship between the Reporting Persons.  AWM
is the sole general partner of MGP, a registered investment adviser under the
Investment Advisers Act of 1940, as amended.  MGP is a general partner of and
investment adviser to the Fund.  AWM is a registered investment adviser under
the Investment Advisers Act of 1940 and also serves as the general partner of,
and investment adviser to, the Cayman Fund.  Austin W. Marxe is the principal
owner and President of AWM.



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