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SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549
SCHEDULE 13G
Information statement pursuant to Rule 13d-1 and 13d-2
(Amendment No. )(1)
Freeport-McMoran Copper & Gold Inc.
(Name of issuer)
Gold-Denominated Preferred Stock, Series II
(Title of class of securities)
35671D881
(CUSIP number)
(Continued on following page (s))
(Page 1 of 5 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.).
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Page 2 of 5 Pages
CUSIP No. 35671D881
** Note ** The total number of shares reported herein is 689,500 depository
shares, each representing 0.05 shares of Gold-Denominated Preferred Stock,
Series II (the "Depository Shares"). All ownership percentages set forth herein
assume that there are 4,305,580 Depository Shares outstanding.
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 OF PLACE OF ORGANIZATION
Maryland
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
5. SOLE VOTING POWER
0
6. SHARED VOTING POWER
689,500 depository shares, shared with its investment adviser,
Societe Generale Asset Management Corp.
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
689,500 depository shares, shared with its investment adviser,
Societe Generale Asset Management Corp.
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
689,500 depository shares
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
16.01%
12. TYPE OF REPORTING PERSON*
IV
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SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
Item 1
(a) Name of Issuer:
Freeport-McMoran Copper & Gold Inc. (the "Issuer").
(b) Address of Issuer's Principal Executive Offices:
1615 Poydras Street, New Orleans, Louisianna 70112
Item 2
(a) Names of Persons Filing:
SoGen International Fund, Inc. (the "Fund").
(b) Address of Principal Business Office:
The principal business office of the Fund is located at
1221 Avenue of the Americas, New York, NY 10020.
(c) Citizenship:
The Fund is a Maryland corporation.
(d) Title of Class of Securities:
Gold-Denominated Preferred Stock, Series II (the "Depository Shares").
(e) CUSIP Number:
35671D881
Item 3
The persons filing this Schedule 13G are:
(d) an investment company registered under Section
8 of the Investment Company Act of 1940, as
amended (the "Fund").
Page 3 of 5
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Schedule 13G
Item 4
Ownership.
(a) Amount Beneficially Owned:
The Fund beneficially owns 689,500 Depository Shares.
(b) Percentage of class:
The Fund beneficially owns 16.01% of the outstanding
Depository Shares.
(c) Number of Shares As to Which Such Persons Have:
(i) sole power to vote or direct the vote:
0
(ii) shared power to vote or direct the vote:
689,500 depository shares, shared with its investment adviser,
Societe Generale Asset Management Corp.
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the disposition of:
689,500 depository shares, shared with its investment adviser,
Societe Generale Asset Management Corp.
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 4 of 5
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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: May 9, 1997.
SOGEN INTERNATIONAL FUND, INC.
By: /s/ Jean-Marie Eveillard
Title: Jean-Marie Eveillard, President
Page 5 of 5
