Reich & Tang Asset Management LP – ‘SC 13G/A’ on 2/15/00 re: Unisource Worldwide Inc

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Amendment to Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment to Statement of Beneficial Ownership         5     19K 

Document Table of Contents

SC 13G/A
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

 Under the Securities Exchange Act of 1934

(Amendment No.1 )*

Unisource Worldwide Inc.  
____________________________________________________________
(Name of Issuer)

  Common Stock, $0.001 per share par value
____________________________________________________________
(Title of Class of Securities)

 909208 10 0
 _____________________
(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  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 ("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).                                                                     

SEC 1745 (5-87)                                                                 

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CUSIP No.   909208 10 0                 13G                 Page 2 of 5  Pages

------------------------                                    ------------------- 

1      NAME OF REPORTING PERSON                                         
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON         

REICH & TANG ASSET MANAGEMENT L.P.                        
13-3778739                                                
------------------------------------------------------------------------------- 
------------------------------------------------------------------------------- 
2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                

                                ----------                      ----------
        (a)                            (b)

                                ----------                      ----------

------------------------------------------------------------------------------- 
------------------------------------------------------------------------------- 
3      SEC USE ONLY                                                     

------------------------------------------------------------------------------- 
------------------------------------------------------------------------------- 
4      CITIZENSHIP OR PLACE OF ORGANIZATION                             

DELAWARE                                                  

------------------------------------------------------------------------------- 
------------------------------------------------------------------------------- 
5     SOLE VOTING POWER                     

 0
NUMBER OF                                                                 
SHARES            --------------------------------------------            
BENEFICIALLY      --------------------------------------------            
OWNED BY                                                                  
EACH           6     SHARED VOTING POWER                                  
REPORTING                                                                 
PERSON                              0                                     
WITH                                                                      
      --------------------------------------------
      --------------------------------------------
7     SOLE DISPOSITIVE POWER              

 0

      --------------------------------------------
      --------------------------------------------
8     SHARED DISPOSITIVE POWER            

0 

------------------------------------------------------------------------------- 
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9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     

0 

------------------------------------------------------------------------------- 
------------------------------------------------------------------------------- 
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

------------------------------------------------------------------------------- 
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11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9                  

0.0%

------------------------------------------------------------------------------- 
------------------------------------------------------------------------------- 
12     TYPE OF REPORTING PERSON*                                        

IA

------------------------------------------------------------------------------- 

 *SEE INSTRUCTIONS BEFORE FILLING OUT!

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Item 1 (a). Name of Issuer                                                      

     The name of the issuer,  to whose class of equity security this Schedule is
Unisource Worldwide Inc.                                                        

Item 1 (b). Address of Issuer's Principal Executive Offices                     

     The address of the Issuer's  principal offices is P.O.Box  3000-0935,  1100
Cassatt Road, Berwyn, Pennsylvania 19312.                                       

Item 2 (a). Name of Person Filing                                               

     The person filing this Schedule is Reich & Tang Asset  Management L.P. (the
"Reporting Person")                                                             

Item 2 (b). Address of Principal Business Office or, if None, Residence         

     The principal business address of the Reporting Person is 600 Fifth Avenue,
New York, NY 10020.                                                             

Item 2 (c). Citizenship                                                         

The Reporting Person is a United States citizen.                      

Item 2 (d). Title of Class of Securities                                        

     The class of equity security to which this schedule relates is the Issuer's
Common Stock, par value $0.001(the "Common Stock").                             

Item 2 (e). CUSIP No.                                                           

The CUSIP number assigned to the Common Stock is 909208 10 0          

Item 3. If this statement is Filed Pursuant to Rules 13d-1(b), or 13d-2(b),     
Check Whether the Person Filing is a                                            

     Reich & Tang Asset  Management  L.P. is an  investment  adviser  registered
under Section 203 of the Investment Advisers Act of 1940.                       

Item 4. Ownership                                                               

     The shares of the Common  Stock  owned  beneficially  owned by Reich & Tang
Asset  Management  L.P.  and  covered  by  this  Schedule  amount  to  0        
shares,constituting  0.0% of the outstanding shares of the Common Stock. Reich &
Tang Asset  Management L.P. has the shared power to vote and direct the vote for
0  shares of Common Stock and to dispose of or direct the disposition of        
0 shares of Common Stock.                                                       

Item 5. Ownership of Five Percent or Less of a Class                            

     This statement is being filed to report the fact that as of the date hereof
the reporting  person has ceased to be a beneficial owner of more than 5% of the
class of securities.                                                            

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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                    

Not applicable.                                                       

Item 8. Identification and Classification of Members of Group                   

Not applicable.                                                       

Item 9. Notice of Dissolution of Group                                          

Not applicable.                                                       

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CERTIFICATION                                                                   

     The  undersigned  certifies that to his/her best belief and knowledge,  the
securities  reported herein were acquired for the purpose of and do not have the
effect of changing or influencing  the control of the issuer or such  securities
and were not acquired in connection  with or as a participant in any transaction
having such purpose of effect.                                                  

February 14, 2000                                                               

REICH & TANG ASSET MANAGEMENT L.P.                                              

BY /s/Lorraine C. Hysler                                                        
Lorraine C. Hysler                                                        
Secretary                                                                 
Reich & Tang Asset Management L.P.                                        

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Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘SC 13G/A’ Filing		Date		First		Last			Other Filings
Filed on:		2/15/00							13F-HR,  SC 13G,  SC 13G/A
		2/14/00		5					SC 13G,  SC 13G/A
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