February 14, 1994
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Schedule 13G
Baldwin Piano and Organ Company
Dear Sirs:
This notice is to inform you of an electronic filing (via
EDGAR), for SoGen International Fund, Inc., a Maryland
corporation (the "Fund"), and its investment adviser,
Societe Generale Asset Management Corp., a Delaware
corporation (the "Adviser"), of an Amendment No. 1
("Amendment No. 1") to the Schedule 13G pursuant to Rule 13d-
2(b) under the Securities Exchange Act of 1934, as amended,
relating to the ownership by the Fund of common stock of
Baldwin Piano and Organ Company, a Delaware corporation.
The Fund is an investment company registered as such under
Section 8 of the Investment Company Act of 1940, as amended,
and the Adviser is an investment adviser registered as such
under Section 203 of the Investment Advisers Act of 1940, as
amended.
The Schedule 13G has been sequentially numbered in
conformity with Rule 0-3(b).
Should you have any further concerns or require additional
information do not hesitate to contact the undersigned at
212/399-1141, ext. 565.
Sincerely yours,
Philip J. Bafundo
Secretary
cc: Baldwin Piano and Organ Company
National Association of Securities Dealers, Inc.
<PAGE>
3045
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Information statement pursuant to Rule 13d-1 and 13d-2
(Amendment No. 1)(1)
Baldwin Piano and Organ Company
(Name of issuer)
Common Stock, Par Value $.01 per share
(Title of class of securities)
058246109
(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.)
(Continued on following page(s))
(Page 1 of 6 Pages)
______
(1)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 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>
13G
Page 2 of 6 Pages
CUSIP No. 058246109
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SoGen International Fund, Inc.
13-2672902
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
-0-
6. SHARED VOTING POWER
215,000 Shared with its investment adviser, Societe Generale Asset
Management Corp.
7. SOLE DISPOSITIVE POWER
-0-
8. SHARED DISPOSITIVE POWER
215,000 Shared with its investment adviser, Societe Generale Asset
Management Corp.
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
215,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.30%
12. TYPE OF REPORTING PERSON*
IV
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
13G
Page 3 of 6 Pages
CUSIP No. 058246109
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Societe Generale Asset Management Corp.
13-3557071
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5. SOLE VOTING POWER
-0-
6. SHARED VOTING POWER
215,000 Shared with its investment advisory client SoGen International
Fund, Inc.
7. SOLE DISPOSITIVE POWER
-0-
8. SHARED DISPOSITIVE POWER
215,000 Shared with its investment advisory client SoGen International
Fund, Inc.
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
215,000
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.30%
12. TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
Item 1
(a) Name of Issuer: Baldwin Piano and Organ
Company (the "Issuer").
(b) Address of Issuer's Principal Executive
Offices: 422 Wards Corner Road, Loveland, Ohio
45140-8390.
Item 2
(a) Names of Persons Filing: SoGen International
Fund, Inc., a Maryland corporation (the "Fund"),
and its investment adviser Societe Generale Asset
Management Corp., a Delaware corporation
(the "Adviser").
(b) Address of Principal Business Office: The
principal business offices of the Fund and the
Adviser are located at 50 Rockefeller Plaza, New
York, NY 10020.
(c) Citizenship: The Fund is a Maryland
corporation. The Adviser is a Delaware
corporation.
(d) Title of Class of Securities: Common Stock,
Par Value $.01 per share (the "Shares").
(e) CUSIP Number: 058246109
Item 3
The persons filing this Schedule 13G are:
(c) an investment company registered under Section
8 of the Investment Company Act of 1940, as
amended (the "Fund"), and
(d) an investment adviser registered under Section
203 of the Investment Advisers Act of 1940, as
amended (the "Adviser").
Page 4 of 6
<PAGE>
Schedule 13G
Item 4 Ownership
(a) Amount Beneficially Owned: The Fund
beneficially owns 215,000 Shares. The Adviser, by
virtue of its powers under its investment advisory
contract with the Fund, may be deemed to be a
beneficial owner of such Shares.
(b) Percentage of class: The Fund beneficially
owns 6.30% of the outstanding Shares. The Adviser
may be deemed to be the beneficial owner of 6.30%
of the outstanding Shares.
(c) Number of Shares As to Which Such Persons
Have:
(i) sole power to vote or direct the vote:
215,000
(ii) shared power to vote or direct the vote:
None
(iii) sole power to dispose or to direct the
disposition of: 215,000
(iv) shared power to dispose or to direct the
disposition of: None
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.
Item 9 Notice of Dissolution of Group
Not Applicable.
Page 5 of 6
<PAGE>
Schedule 13G
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.
Dated: February 14, 1994
SOGEN INTERNATIONAL FUND, INC.
By: /s/Jean-Marie Eveillard
Jean-Marie Eveillard
President
SOCIETE GENERALE ASSET MANAGEMENT
CORP.
By: /s/Jean-Marie Eveillard
Jean-Marie Eveillard
President
Page 6 of 6
