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
BIG FLOWER PRESS
Pursuant to Rule 13d-1 of the General Rules and
Regulations copy under the Securities Exchange Act of 1934,
the following is one 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
Page 1 of 6
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2 ) *
--------
BIG FLOWER PRESS
NAME OF ISSUER :
Common Stock: Par Value ($ 0.01)
TITLE OF CLASS OF SECURITIES
089160105
CUSIP NUMBER
Check the following box if a fee is being paid with this
statement [ ]. (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 there to 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 reminder 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).
Continued on following page(s)
Page 2 of 6
CUSIP No. 089160105
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bankers Trust New York Corporation and its wholly-
owned subsidiary, Bankers Trust Company.
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
Both Bankers Trust New York Corporation and Bankers
Trust
Company are New York Corporations.
NUMBER OF 5. SOLE VOTING POWER
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 8. SHARED DISPOSITIVE POWER
WITH
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9) EXCLUDES
CERTAIN SHARES *
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12. TYPE OF REPORTING PERSON *
Bankers Trust New York Corporation - HC
Bankers Trust Company - BK
Page 3 of 6
CUSIP No. 089160105
Item 1 (a) NAME OF ISSUER:
BIG FLOWER PRESS
Item 1 (b) ADDRESSES OF ISSUER'S PRINCIPAL EXECUTIVE
OFFICES:
3 East 54th Street
New York, NY 10022
Item 2 (a) NAME OF PERSON FILING:
Bankers Trust New York Corporation, and its
wholly-owned subsidiary, Bankers Trust Company.
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 its wholly
- - owned
subsidiary, Bankers Trust Company, are
incorporated in the
State of New York with its principal business
office located in
New York.
Item 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock: No Par Value
Item 2 (e) CUSIP NUMBER:
089160105
CUSIP No. 089160105 Page 4 of 6
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
Not applicable.
Item 4 OWNERSHIP:
As of December 31, 1997
(a) Amount Beneficially Owned:
(b) Percent of Class:
(c) Number of shares as to which the Bank has:
(i) Sole power to vote or to direct the vote -
(ii) Shared power to vote or to direct the vote -
(iii) Sole power to dispose or to direct the disposition of
- -
(iv) Shared power to dispose or to direct the disposition
of -
Item 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report
the fact that
as of the date hereof the reporting person
has ceased
to be the beneficial owner of more than five
percent
of the class of securities, check the
following [X].
CUSIP No. 089160105 Page 5 of 6
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 AND
CLASSIFICATION OF NUMBERS OF THE GROUP:
Not applicable.
Item 9 NOTICE OF DISSOLUTION OF GROUP:
Not applicable.
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.
Page 6 of 6
CUSIP No. 089160105
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
EXHIBIT TO ITEM 7
The chain of ownership from Bankers Trust New York
Corporation to Bankers Trust Company, is shown below:
Bankers Trust New York Corporation
|
100%
|
Bankers Trust Company
