UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Deltic Timber Corporation
(Name of Issuer)
Common Stock, Par Value $.01
(Title of Class of Securities)
247850 100
(CUSIP Number)
W. Bayless Rowe, General Counsel & Secretary, Deltic Timber Corporation,
200 Peach Street, P.O. Box 7200, El Dorado, Arkansas 71731-7200
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
December 31, 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 [ ].
*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
disclosures provided in a prior cover page.
The information required on the remained 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).
SCHEDULE 13D
______________________________ ________________________________
| | | |
|CUSIP No. 247850 100 | | Page 2 of 6 Pages |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS |
| | C.H. Murphy, Jr. |
| | ###-##-#### |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | SOURCE OF FUNDS* |
| | 00 (Received by distribution from former parent by spinoff.) |
| | |
|____|____________________________________________________________________|
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED _ |
| | PURSUANT TO ITEMS 2(d) or 2(E) |_| |
| | |
|____|____________________________________________________________________|
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | U.S. |
|____|____________________________________________________________________|
| | 7 | SOLE VOTING POWER |
| | | 339,531 |
| NUMBER OF |____|_______________________________________________|
| SHARES | 8 | SHARED VOTING POWER |
| BENEFICIALLY | | 856,374 |
| OWNED BY |____|_______________________________________________|
| EACH | 9 | SOLE DISPOSITIVE POWER |
| REPORTING | | 339,531 |
| PERSON |____|_______________________________________________|
| WITH | 10 | SHARED DISPOSITIVE POWER |
| | | 856,374 |
|____________________|____|_______________________________________________|
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | 339,531 |
| | |
|____|____________________________________________________________________|
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES _ |
| | CERTAIN SHARES* |X| |
|____|____________________________________________________________________|
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| | 3.0% |
|____|____________________________________________________________________|
| 14 | TYPE OF REPORTING PERSON* |
| | IN |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (9-88) 2 of 6
Item 1. Security and Issuer.
The class of equity securities to which this statement relates
is the Common Stock, $.01 par value per share (the "Shares"), of Deltic Timber
Corporation, a Delaware corporation (the "Issuer"). The principal executive
offices of the Issuer are located at 200 Peach Street, El Dorado, AR 71730.
Item 2. Identity and Background.
The name of the person filing this statement is C.H. Murphy,
Jr., an individual ("Buyer").
The address of the principal business and the principal office
of Buyer is Suite 400, 200 North Jefferson, El Dorado, AR 71730.
During the last five years, Buyer has not been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) nor
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to
a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
The purchase price for the Shares was by distribution from the
former parent corporation, Murphy Oil Corporation.
Item 4. Purpose of Transaction.
Buyer has acquired the Shares for investment. Buyer intends to
review from time to time the Issuer's business affairs and financial position.
Based on such evaluation and review, as well as general economic and industry
conditions existing at the time, Buyer may consider from time to time various
alternative courses of action. Such actions may include the acquisition of
additional Shares through open market purchases, privately negotiated
transactions, tender offer, exchange offer or otherwise. Alternatively, such
actions may involve the sale of all or a portion of the Shares in the open
market, in privately negotiated transactions or otherwise. Except as set forth
above, Buyer has no plan or proposals which relate to or would result in any
of the transactions described in subparagraphs (a) through (j) of Item 4 of
Schedule 13D.
Item 5. Interest in Securities of the Issuer.
(a) Buyer has acquired and, for the purpose of Rule 13d-3
promulgated under the Exchange Act, beneficially owns 339,531 Shares,
representing approximately 3.0% of the outstanding Shares of the Issuer.
The foregoing paragraph represents the shares with respect to
which C. H. Murphy, Jr. has sole voting and dispositive power. An additional
867 shares are owned by the spouse of C. H. Murphy, Jr. or other household
members, and 856,374 shares are held by trusts of which C. H. Murphy, Jr. is a
trustee or by a corporation or other organization of which C. H. Murphy, Jr.
is an officer.
Except as set forth in this Item 5(a), neither Buyer, nor any
other person controlling Buyer, owns beneficially any Shares.
(b) Buyer has sole power to vote and dispose of 339,531
Shares.
(c) Inapplicable.
(d) Inapplicable.
(e) Inapplicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
To the best knowledge of Buyer, there are no contracts,
arrangements, understandings or relationships (legal or otherwise, except for
familial) between the persons enumerated in Item 2, and any other person, with
respect to any securities of the Issuer, including, but not limited to,
transfer or voting of any of the securities, finder's fees, joint ventures,
loan or option arrangements, puts or calls, guarantees of profits, division of
profits or loss, or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits.
None.
SIGNATURES
After reasonable inquiry and to the best knowledge and belief
of the undersigned, the undersigned certifies that the information set forth
in this statement is true, complete and correct.
Date: January 10, 1997
By: /S/ C. H. Murphy, Jr.
_________________________
Name: C. H. Murphy, Jr.
