SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1
to
SCHEDULE 13D
Under the
Securities Exchange Act of 1934
COMMONWEALTH INDUSTRIES, INC.
---------------------------------------------
(Name of Issuer)
Common Stock ($.01 par value)
----------------------------------------
(Title of Class of Securities)
20290410-8
------------------
(CUSIP Number)
Ronald N. Graves, Esq.
J.R. Simplot Self-Declaration of Revocable Trust
999 Main Street
Boise, Idaho 83702
Telephone: (208) 336-2110
------------------------------------
(Names, addresses and telephone numbers of persons
authorized to receive notices and communications)
November 4, 1999
------------------------
(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 statement because of Rule 13d-1(e),
13d-1(f) or 13d-1(g), check the following box: [ ]
<PAGE>
1) Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
J.R. Simplot/J.R. Simplot Self Declaration of Revocable Trust
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
(b)
3) SEC Use Only
4) Source of Funds
WC
5) Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e)
6) Citizenship or Place of Organization
US
Number of 7) Sole Voting Power 1,622,500
Shares
Beneficially 8) Shared Voting Power 0
Owned
by Each 9) Sole Dispositive Power 1,622,500
Reporting
Person With: 10) Shared Dispositive Power 0
11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,622,500 shares
12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares
13) Percent of Class Represented by Amount in Row (11)
10.18%
14) Type of Reporting Person
IN
<PAGE>
Item 3. Source and Amount of Funds or other Consideration.
- ------------------------------------------------------------
The Trust purchased the shares of Stock reported in Item 5
with personal funds of the Trust and with funds provided pursuant
to customary margin arrangements between the Trust and Merrill
Lynch.
Item 5. Interest in Securities of the Issuer.
- -----------------------------------------------
(a - b) As of November 8, 1999, the Trust owned 1,622,500
shares of Stock. As trustee of the Trust, Mr. Simplot has the sole
power to vote and dispose of such shares.
Based upon information contained in the Quarterly Report on
Form 10-Q of the Issuer filed with the Securities and Exchange
Commission for the year ended June 30, 1999 (the "10-Q"), the
shares owned constitute approximately 10.18% of the 15,944,000
shares of Stock outstanding, as reported in the 10-Q.
(c) During the 60 days prior to and including November 8,
1999, the Trust acquired the shares of Stock described below in
open market purchases through ordinary brokerage transactions:
<TABLE>
<CAPTION>
<S> <C> <C>
Purchase No. of Price per Share
Date Shares (including
commissions)
--------- ------ ----------------
10/29/99 10,000 $10.000
11/1/99 32,500 10.793
11/2/99 35,000 11.035
11/4/99 23,000 11.875
11/5/99 17,000 11.875
11/8/99 5,000 11.875
</TABLE>
(d - e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer
- ------------------------------------------------------------------
Not applicable.
Item 7. Material to be Filed as Exhibits
- ------------------------------------------
None
<PAGE>
After reasonable inquiry and to the best of my knowledge and
belief, I certify the information set forth in this statement is
true, complete and correct.
J.R. Simplot
Self-Declaration of Revocable
Trust
By //s// J.R. Simplot
-----------------------------------
J.R. Simplot, as Trustee
Date: November 11, 1999
