UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4)* OXFORD INDUSTRIES INC. _________________________________________________________________ (Name of Issuer) COMMON _________________________________________________________________ (Title of Class of Securities) 69149730 __________________________________ (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 l; 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 (2/92) Page 1 of 5 pages CUSIP No. 69149730 13G Page 2 of 5 Pages 1) NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mitchell Hutchins Institutional Investors Inc. 13-3180862 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 NUMBER OF -0- SHARES 6) SHARED VOTING POWER BENEFICIALLY 401,800 OWNED BY 7) SOLE DISPOSITIVE POWER EACH -0- REPORTING 8) SHARED DISPOSITIVE POWER PERSON 401,800 WITH 9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 401,800 10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.68% 12) TYPE OF REPORTING PERSON* IA *SEE INSTRUCTION BEFORE FILLING OUT! Page 3 of 5 Pages Item 1. (a) Name of Issuer: Oxford Industries Inc. Address of Issuer's Principal Executive Offices: 222 Piedmont Avenue, N.E. Atlanta, GA 30308 Item 2. (a) Name of Person Filing: Mitchell Hutchins Institutional Investors Inc. (b) Address of Principal Business Office: 1285 Avenue of the Americas New York, NY 10019 (c) Citizenship: Delaware (d) Title of Class of Securities: Common (e) CUSIP Number: 69149730 Item 3. Type of Reporting Person: (a) ( ) Broker or Dealer registered under Section 15 of the Act (b) ( ) Bank as defined in Section 3(a)(6)of the Act (c) ( ) Insurance Company as defined in Section 3(a)(19) of the Act (d) ( ) Investment Company registered under Section 8 of the Investment Company Act (e) (XX) Investment Adviser Registered under Section 203 of the Investment Advisers Act of 1940 Page 4 of 5 Pages (f) ( ) Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F) (g) ( ) Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G) (Note: See Item 7) (h) ( ) Group, in accordance with Section 240.13d-1 (b)(1)(ii)(H) Item 4. Ownership: (a) Amount Beneficially Owned: 401,800 (b) Percent of Class: 4,68% (c) Number of Shares as to which such person has: (i) Sole Power to vote or to direct the vote: -0- (ii) Shared Power to vote or to direct the vote: 401,800 (iii) Sole Power to dispose or to direct the disposition of: -0- (iv) Shared Power to dispose or to direct the disposition of: 401,800 Item 5. Ownership of Five Percent or Less of a Class: (XX) Item 6. Ownership of More than Five Percent on Behalf of Another: N/A Page 5 of 5 Pages Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: N/A Item 8. Identification and Classification of Members of the Group: N/A Item 9. Notice of Dissolution of Group: N/A 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 purposes or effect. 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. /s/ William R. Cavell By: ____________________________ William R. Cavell Legal Department Date: February 7, 1994