-----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, Lu6z+XEfdsVZTAxR5u4niyB6S2lluayu/RJuFM6LL4TqXU8IICnlBOf1ExWjC+to Ssy6KJS5pLpIKJv52zcNBg== 0000908195-09-000004.txt : 20090212 0000908195-09-000004.hdr.sgml : 20090212 20090212134107 ACCESSION NUMBER: 0000908195-09-000004 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090212 DATE AS OF CHANGE: 20090212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SCHMITT INDUSTRIES INC CENTRAL INDEX KEY: 0000922612 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 931151989 STATE OF INCORPORATION: OR FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-79447 FILM NUMBER: 09593594 BUSINESS ADDRESS: STREET 1: 2765 NW NICOLAI ST CITY: PORTLAND STATE: OR ZIP: 97210 BUSINESS PHONE: 5032277908 MAIL ADDRESS: STREET 1: 2765 NW NICOLAI ST CITY: PORTLAND STATE: OR ZIP: 97210 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SHUFRO ROSE & CO LLC CENTRAL INDEX KEY: 0000908195 IRS NUMBER: 135390713 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 745 FIFTH AVENUE STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10151-2600 BUSINESS PHONE: 2127545100 MAIL ADDRESS: STREET 1: 745 FIFTH AVENUE STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10151-2600 FORMER COMPANY: FORMER CONFORMED NAME: SHUFRO ROSE EHRMAN DATE OF NAME CHANGE: 19930624 SC 13G 1 schmittindustries2008.txt SEC 1745 (3-06) Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. OMB APPROVAL OMB Number: 3235-0145 Expires: February 28, 2009 Estimated average burden hours per response. . . 10.4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* SCHMITT INDUSTRIES INC (Name of Issuer) COMMON (Title of Class of Securities) 806870200 (CUSIP Number) DECEMBER 31, 2008 (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) [ ] Rule 13d-1(c) [ X ] Rule 13d-1(d) *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 ("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). CUSIP No. 806870200 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). SHUFRO ROSE & CO., LLC 13-5390713 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 A LLC ORGANIZED UNDER THE LAWS OF THE STATE OF NEW YORK Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power 23,000 6. Shared Voting Power NONE 7. Sole Dispositive Power 217,500 8. Shared Dispositive Power NONE 9. Aggregate Amount Beneficially Owned by Each Reporting Person 217,500 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 7.58 12. Type of Reporting Person (See Instructions) BD & IA Securities & Exchange Commission Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 Check the following box if a fee is being paid with this statement:[ X] Item 1(a). Name of Issuer: SCHMITT INDUSTRIES INC Item 1 (b). Address of issuer's principal executive offices: 2765 NW Nicolai Street, Portland, Oregon 97210 Item 2(a). Name of person filing: SHUFRO ROSE & CO., LLC Item 2(b). Address of principal business office: 745 Fifth Avenue, Suite 2600, New York, NY 10151 Item 2(c). Citizenship: Limited Liability Corporation formed under the laws of the State of New York. Item 2(D). Title of class of securities: Common Item 2(e). CUSIP No.: 806870200 Item 3. If this statement is filed pursuant to Rules 13d-1 (b), of 13d(b), check whether the person filing is a: (a) [X] Broker or dealer registered under section 15 of the Act. (e) [X] Investment adviser registered under section 203 of the Investment Advisers Act of 1940. (b, (c), (d), (f), (g), (h), (i), (j): Not applicable. Item 4. Ownership. If the percent of the class owned, as of December 31, of the year covered by the statement, or as of the last day of any month described in Rule 13d-a (b)(2), if applicable, exceeds 5 percent, provide the following information as of that date and identify those share which there is a right to acquire. (a) Amount beneficially owned: 217,500 (b) Percent of class: 7.58% (c ) Number of shares as to which person has: (i) Sole power to vote or to direct the vote 23,000 (ii) Shared power to vote or to direct to vote None. (iii) Sole power to dispose or to direct the disposition of 217,500 (iv) Shared power to dispose or to direct the disposition of None. Item 5. Ownership of 5 percent or less of a Class. Not applicable. Item 6. Ownership of more than 5 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. Not applicable. Item 8. Identification and Classification of Members 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 for the purpose of and do not have the effect of signing 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. Disclaimer The undersigned expressly declares that the filing of this Initial Schedule 13G shall not be construed as an admission that such person is, for the purpose of Section 13(d) or 13(g), of the Securities Act of 1934, the beneficial owner of any securities covered by this statement. 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. SHUFRO ROSE & CO., LLC Dated: February 11, 2009 ___________________________ Signature BY: Steven J. Glass Sr. Managing Director -----END PRIVACY-ENHANCED MESSAGE-----