-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, D4AJDy+v8tqKJDQExApX93FLtkP9KamLXDtfRIedLYt7rIYpsOx6pqpkt2QIJ3P4 ELNtv4QsFteAeOnFkm5fLA== 0000060086-03-000040.txt : 20030926 0000060086-03-000040.hdr.sgml : 20030926 20030926160019 ACCESSION NUMBER: 0000060086-03-000040 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20030926 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CLEVELAND CLIFFS INC CENTRAL INDEX KEY: 0000764065 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 341464672 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-36514 FILM NUMBER: 03912623 BUSINESS ADDRESS: STREET 1: 1100 SUPERIOR AVE 18TH FLR CITY: CLEVELAND STATE: OH ZIP: 44114 BUSINESS PHONE: 2166945700 MAIL ADDRESS: STREET 1: 100 SUPERIOR AVE STREET 2: 18TH FLOOR CITY: CLEVELAND STATE: OH ZIP: 44114 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LOEWS CORP CENTRAL INDEX KEY: 0000060086 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 132646102 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10021-8087 BUSINESS PHONE: 212-521-2000 MAIL ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10021-8087 SC 13G 1 clevcliffs.txt SCHEDULE 13G CLEVELAND CLIFFS INC. 1 of 8 - ------------------------------------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) ------------ CLEVELAND-CLIFFS INC - ------------------------------------------------------------------------------ (Name of Issuer) COMMON STOCK - ------------------------------------------------------------------------------ (Title of Class of Securities) 185896107 - ------------------------------------------------------------------------------ (CUSIP Number) SEPTEMBER 17, 2003 - ------------------------------------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) 2 of 8 CUSIP No. 185896107 --------- 1. Names of Reporting Persons. LOEWS CORPORATION I.R.S. Identification Nos. of above persons (entities only). 13-2646102 - ------------------------------------------------------------------------------ 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 CORPORATION - ------------------------------------------------------------------------------ Number of 5. Sole Voting Power ............................ 512,300 Shares ----------------------------------------------------------- Beneficially Owned by 6. Shared Voting Power .......................... 16,925 Each Reporting ----------------------------------------------------------- Person With 7. Sole Dispositive Power ....................... 512,300 ----------------------------------------------------------- 8. Shared Dispositive Power ..................... 0 - ------------------------------------------------------------------------------ 9. Aggregate Amount Beneficially Owned by Each Reporting Person .. 529,225 - ------------------------------------------------------------------------------ 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) .......................................................... 3 of 8 - ------------------------------------------------------------------------------ 11. Percent of Class Represented by Amount in Row 9 ....................5.1% - ------------------------------------------------------------------------------ 12. Type of Reporting Person (See Instructions). CO - ------------------------------------------------------------------------------ ............................................................................... ............................................................................... ............................................................................... ............................................................................... ............................................................................... ............................................................................... ............................................................................... ............................................................................... ............................................................................... ............................................................................... ............................................................................... ............................................................................... - ------------------------------------------------------------------------------ 4 of 8 Item 1. (a) Name of Issuer CLEVELAND-CLIFFS INC (b) Address of Issuer's Principal Executive Offices 1100 SUPERIOR AVENUE CLEVELAND, OHIO 44114-2589 Item 2. (a) Name of Person Filing LOEWS CORPORATION (b) Address of Principal Business Office or, if None, Residence 667 MADISON AVENUE NEW YORK, NEW YORK 10021 (c) Citizenship DELAWARE CORPORATION (d) Title of Class of Securities COMMON STOCK (e) CUSIP Number 185896107 Item 3. If this statement is filed pursuant to Section 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the 5 of 8 Investment Company Act of 1940 (15 U.S.C 80a-8). (e) [ ] An investment adviser in accordance with Section 240.13d- 1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 529,225 ------------------------. (b) Percent of class: 5.1% ----------------------------. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 512,300 -----------. (ii) Shared power to vote or to direct the vote 16,925 ------------------. (iii) Sole power to dispose or to direct the disposition of 512,300 -----------------. (iv) Shared power to dispose or to direct the disposition of 0 ---------------. 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 6 of 8 percent of the class of securities, check the following [ ]. Item 6. Ownership of More than Five Percent on Behalf of Another Person. See Item 7. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. See Exhibit 1. Item 8. Identification and Classification of Members of the Group NOT APPLICABLE Item 9. Notice of Dissolution of Group NOT APPLICABLE 7 of 8 Item 10. Certification By signing below the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. LOEWS CORPORATION Dated: September 26, 2003 By: /s/Gary W. Garson --------------------- Gary W. Garson Senior Vice President and Secretary EX-99.1 3 oneexb.txt EXHIBIT 99.1 Exhibit 99.1 Loews Corporation ("Loews") owns approximately 90% of the outstanding common stock of CNA Financial Corporation ("CNA"). CNA is the sponsor of the pension plan that is the beneficial owner of 16,925 shares of the securities reported on this Schedule 13G, which does not exceed 5% of the class outstanding. These shares are managed by a third party investment advisor. The characterization of shared voting power between Loews and CNA is made solely as a consequence of SEC interpretations regarding control of a subsidiary. Loews specifically disclaims beneficial ownership of these shares. -----END PRIVACY-ENHANCED MESSAGE-----