U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ x ] Form 4 Transactions Reported
Winmill Bassett Starr
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(Last) (First) (Middle)
11 Hanover Square
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(Street)
New York NY 10005
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(City) (State) (Zip)
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[ x ] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
[ x ] Form filed by one Reporting Person
[ ] Form filed by more than one Reporting Person
5. 6.
4. Amount of Owner-
Securities Acquired (A) or Securities ship
Disposed of (D) Beneficially Form: 7.
(Instr. 3, 4 and 5) Owned at End Direct Nature of
2. 3. ----------------------------- of Issuer's (D) or Indirect
1. Transaction Transaction (A) Fiscal Year Indirect Beneficial
Title of Security Date Code Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) (Instr. 8) (D) & 4) (Instr.4) (Instr. 4)
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BBM-common stock N/A N/A 77.251** N/A N/A D N/A
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BBM-common stock 9/29/97 P4 1000 A 14.375 1077.251** D N/A
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* If the form is filed by more than one Reporting Person, see Instruction 4(b)(v).
** Group and its subsidiaries, of which Bassett S. Winmill may be deemed a controlling person, own in the aggregate 100.00 Fund shares in addition to the shares shown above and are not included in the above totals. Mr. Winmill disclaims beneficial ownership of such shares.
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FORM 5 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
9. 10.
Number Owner-
of ship
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- Securities Date Securities Price Bene- ity: In-
cise 3. Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- 4. or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Trans- of (D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date action (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ Code 4 and 5) Date Expira- Number ity Year (I) ship
Security Secur- Day/ (Instr. ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) 8) (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
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Explanation of Responses:
/s/ Thomas B. Winmill on behalf of Bassett S.
Winmill by Power of Attorney dated 12/11/97 2/11/98
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**Signature of Reporting Person Date
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Alternatively, this Form is permitted to be submitted to the Commission in electronic format at the option of the reporting person pursuant to Rule 101(b)(4) of Regulation S-T.
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(122795DTI)