BANKERS TRUST NEW YORK CORPORATION
One Bankers Trust Plaza
New York, New York 10006
Damian P. Reitemeyer
Vice President
Telephone: (212) 250-4599
February
13, 1998
Securities and Exchange Commission
SEC Document Control
450 Fifth Street, N.W.
Washington, DC 20549
Attn: Filing Desk
Dear Sirs:
Re: Filing of Schedule 13G on
Lukens Inc
Pursuant to Rule 13d-1 of the General
Rules and Regulations under the
Securities Exchange Act of 1934, the
following is one copy of the Schedule
13G with respect to the common stock
of the above referenced corporation.
Please acknowledge your receipt of the
Schedule 13G filing
submission through the EDGAR-Link
System software, by E-Mail
confirmation.
Sincerely,
Damian P. Reitemeyer
Enclosures
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
SCHEDULE 13G
Under the Securities Exchange
Act of 1934
(Amendment No. )*
Lukens Inc
______________________________________
_
NAME OF ISSUER:
Common Stock (Par Value
$.01)
______________________________________
_
TITLE OF CLASS OF
SECURITIES
549866101
______________________________________
_
CUSIP NUMBER
Check the following box if a fee
is being paid with
this statement [x]. (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.)
*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 (the 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).
(Continued on following
page(s))
Page 1 of 8 Pages
CUSIP No. 549866101
Page 2 of 8 Pages
1.NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS
Bankers Trust New York
Corporation and its wholly owned
subsidiary, Bankers Trust
Company, and its indirectly
wholly owned subsidiary BT Alex. Brown
Incorporated.
(BT Alex.Brown)13-6180473
2.CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP *
(A) [ ]
(B) [ ]
3.SEC USE ONLY
4.CITIZENSHIP OR PLACE OF ORGANIZATION
Bankers Trust New York
Corporation and its wholly owned
subsidiary, Bankers Trust Company
are New York corporations. BT
Alex. Brown Incorporated is a
Delaware corporation.
NUMBER OF 5. SOLE VOTING POWER
SHARES
Bankers Trust
Company 527,875 shares
BT Alex.Brown
165,000 shares
692,875 shares
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
Bankers Trust
Company 0 shares
BT Alex.Brown
0 shares
0 shares
EACH 7. SOLE DISPOSITIVE
POWER
REPORTING
Bankers Trust
Company 627,930 shares
BT Alex.Brown
165,000 shares
792,930
PERSON 8. SHARED DISPOSITIVE
POWER
WITH
Bankers Trust
Company 0 shares
BT Alex.Brown
0 shares
0 shares
CUSIP No. 549866101
Page 3 of 8 Pages
9.AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
Bankers Trust
Company 627,930 shares
BT Alex.Brown
165,000 shares
792,930
10.CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW(9) EXCLUDES CERTAIN SHARES *
[]
11.PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9
5.31%
12.TYPE OF REPORTING PERSON *
Bankers Trust New York
Corporation - HC
Bankers Trust Company - BK
BT Alex.Brown - BD
CUSIP No. 549866101
Page 4 of 8 Pages
Item 1(a) NAME OF ISSUER:
Lukens Inc
Item 1(b) ADDRESS OF ISSUER'S
PRINCIPAL EXECUTIVE
OFFICES:
50 South First Avenue
Coatesville, PA 19320
Item 2(a) NAME OF PERSON FILING:
Bankers Trust New York
Corporation, its wholly
owned subsidiary Bankers
Trust Company, and its
indirectly wholly-owned
subsidiary BT Alex.Brown
Incorporated.
Item 2(b) ADDRESS OF PRINCIPAL
BUSINESS OFFICE:
130 Liberty Street
New York, New York 10006
Item 2(c) CITIZENSHIP:
Bankers Trust New York
Corporation and Bankers
Trust Company are
corporations incorporated
in the State of New
York with their principal
business offices located
in New York. BT
Alex. Brown Incorporated
is incorporated in the
State of Delaware with
its principal business
office located in New
York.
Item 2(d) TITLE OF CLASS OF
SECURITIES:
This statement relates to
the Companys Common Stock
$.01 par value per share.
Item 2(e) CUSIP NUMBER:
549866101
CUSIP No. 549866101
Page 5 of 8 Pages
Item 3 THE PERSON FILING IS A:
For Bankers Trust New York
Corporation
(g) [X] Parent Holding Company,
in accordance with
Section 240.13d-1(b)(ii)(G)
For Bankers Trust Company
(b) [X] Bank as defined in
section 3(a)(6) of the Act.
For BT Alex.Brown
Incorporated
(a) [X] Broker or dealer
registered under Section 15
15 of the Act.
Item 4 OWNERSHIP:
(a) Amount Beneficially
Owned:
Bankers Trust
Company 627,930 shares
BT Alex.Brown
165,000 shares
792,930 shares
(b) Percent of Class (1):
Bankers Trust
Company 4.20%
BT Alex.Brown
1.11%
5.31%
CUSIP No. 549866101
Page 6 of 8 Pages
(c) Number of shares as to which the
following have:
(i) sole power to vote or to direct
the
vote -
Bankers Trust
Company 527,875 shares
BT Alex.Brown
165,000 shares
692,875 shares
(ii) shared power to vote
or to direct the
vote -
Bankers Trust
Company 0 shares
BT Alex.Brown
0 shares
0 shares
(iii) sole power to dispose
or to direct the
disposition of -
Bankers Trust
Company 627,930 shares
BT Alex.Brown
165,000 shares
792,930
(iv) shared power to dispose
or to direct
the disposition of -
Bankers Trust
Company 0 shares
BT Alex.Brown
0 shares
0 shares
Item 5 OWNERSHIP OF FIVE PERCENT
OR LESS OF A CLASS:
Not applicable.
CUSIP No. 549866101
Page 7 of 8 Pages
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:
See item 3 above.
Item 8 IDENTIFICATION AND
CLASSIFICATION OF MEMBERS OF
THE GROUP:
Not applicable.
Item 9 NOTICE OF DISSOLUTION OF
GROUP:
Not applicable.
CUSIP No. 549866101
Page 8 of 8 Pages
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.
Date: as of December 31, 1997
Signature: Bankers Trust New York
Corporation
By: /s/ James T. Byrne, Jr.
Name: James T. Byrne, Jr.
Title: Secretary
Signature: Bankers Trust Company
By: /s/ James T. Byrne, Jr.
Name: James T. Byrne, Jr.
Title: Secretary
Signature: BT Alex. Brown
Incorporated
By: /s/ James T. Byrne, Jr.
Name: James T. Byrne, Jr.
Title: Secretary
Exhibit A
Bankers Trust Company and BT
Alex.Brown are wholly owned
subsidiaries of Bankers Trust New York
Corporation
Bankers Trust New York Corporation
|
|
___________________________|__________
_________________
|
|
|
|
100%
100%
|
|
|
|
Bankers Trust Company BT Alex.
Brown Holdings Incorporated
|
|
100%
|
BT Alex.
Brown
