<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 15)
Strawbridge & Clothier
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, Series A
- ------------------------------------------------------------------------------
(Title of Class of Securities)
863200-101
- ------------------------------------------------------------------------------
(CUSIP Number)
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CUSIP No. 863200-101 Page 1 of 7 Pages
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
PNC Bank Corp. 25-1435979
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization Pennsylvania
Number of Shares 5) Sole Voting Power 57,182
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 697,931
7) Sole Dispositive Power 2,849
8) Shared Dispositive Power 862,941
9) Aggregate Amount Beneficially Owned by Each Reporting Person 919,389
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 8.6
12) Type of Reporting Person (See Instructions) HC
<PAGE> 2
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 15)
Strawbridge & Clothier
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, Series A
- ------------------------------------------------------------------------------
(Title of Class of Securities)
863200-101
- ------------------------------------------------------------------------------
(CUSIP Number)
----------
CUSIP No. 863200-101 Page 2 of 7 Pages
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
above persons
PNC Bancorp, Inc. 51-0326854
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization Delaware
Number of Shares 5) Sole Voting Power 57,182
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 697,931
7) Sole Dispositive Power 2,849
8) Shared Dispositive Power 862,941
9) Aggregate Amount Beneficially Owned by Each Reporting Person 919,389
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 8.6
12) Type of Reporting Person (See Instructions) HC
<PAGE> 3
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 15)
Strawbridge & Clothier
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, Series A
- ------------------------------------------------------------------------------
(Title of Class of Securities)
863200-101
- ------------------------------------------------------------------------------
(CUSIP Number)
----------
CUSIP No. 863200-101 Page 3 of 7 Pages
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
PNC Bank, National Association 22-1146430+
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a) [ ]
b) [ ]
3) SEC USE ONLY
4) Citizenship or Place of Organization United States
Number of Shares 5) Sole Voting Power 57,182
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 697,931
7) Sole Dispositive Power 2,849
8) Shared Dispositive Power 862,941
9) Aggregate Amount Beneficially Owned by Each Reporting Person 919,389
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
11) Percent of Class Represented by Amount in Row (9) 8.6
12) Type of Reporting Person (See Instructions) BK
+ Reflects September 6, 1996 merger of PNC Bank, National Association
with and into Midlantic Bank, National Association, with the
surviving bank continuing under the name "PNC Bank,
National Association."
<PAGE> 4
ITEM 4 - OWNERSHIP:
The following information is as of December 31, 1996:
(a) Amount Beneficially Owned: 919,389 shares
(b) Percent of Class: 8.6
(c) Number of shares to which such person has:
(i) sole power to vote or to direct the vote 57,182
(ii) shared power to vote or to direct the vote 697,931
(iii) sole power to dispose or to direct the disposition of 2,849
(iv) shared power to dispose or to direct the disposition of 862,941
<PAGE> 5
ITEM 6 - OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
See Schedule A.
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 purposes or effect.
<PAGE> 6
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.
February 14, 1997
-----------------------------------------------
Date
/s/ ROBERT L. HAUNSCHILD
-----------------------------------------------
Signature - PNC Bank Corp.
Robert L. Haunschild, Senior Vice President and
Chief Financial Officer
-----------------------------------------------
Name/Title
February 14, 1997
-----------------------------------------------
Date
/s/ PAUL L. AUDET
-----------------------------------------------
Signature - PNC Bancorp, Inc.
Paul L. Audet, Vice President
-----------------------------------------------
Name/Title
February 14, 1997
-----------------------------------------------
Date
/s/ THOMAS R. MOORE
-----------------------------------------------
Signature - PNC Bank, National Association
Thomas R. Moore, Vice President and Assistant
Secretary
-----------------------------------------------
Name/Title
AN AGREEMENT TO FILE A JOINT
STATEMENT WAS PREVIOUSLY FILED
AS EXHIBIT A TO AMENDMENT NO. 13.
<PAGE> 7
Schedule A
Item 6 - Ownership of More than Five Percent on Behalf of
Another Person:
The information contained in this statement principally relates to
securities that are held by PNC Bank, N.A. as trustee, executor,
custodian or agent. Accordingly, other persons may have the right
to receive or the power to direct the receipt of dividends from, or
the proceeds from the sale of, such securities. The following
persons may have the power to direct the receipt of dividends from,
or the proceeds of the sale of, more than 5% of the Series A
Common Stock:
G. Stockton Strawbridge
c/o Steven Strawbridge
810 Marion Square Road
Gladwind, PA 19035
At December 31, 1996, G. Stockton Strawbridge was a Co-Fiduciary
with PNC Bank, N.A. and Peter Strawbridge for accounts holding
655,441 shares of Series A Common Stock. Mr. G. Stockton
Strawbridge died on February 8, 1997.
Peter S. Strawbridge
8060 Goshen Road
Newtown Square 19073
At December 31, 1996, Peter Strawbridge was a Co-Fiduciary with
PNC Bank, N.A. and G. Stockton Strawbridge for accounts holding
655,441 shares of Series A Common Stock.
