UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                        Commission File Number   N/A
                                                              ---------

              RELIANCE ELECTRIC COMPANY SAVINGS AND INVESTMENT PLAN
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             (Exact name of registrant as specified in its charter)


600 Anton Boulevard, Suite 700, Costa Mesa, California 92626-7147  (714)424-4565
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               (Address, including zip code, and telephone number,
                      including area code, of registrant's
                          principal executive offices)


                                 Plan Interests
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            (Title of each class of securities covered by this Form)


                                       N/A
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           (Titles of all other classes of securities for which a duty
              to file reports under section 13(a) or 15(d) remains)


          Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:


         Rule 12g-4(a)(1)(i)  |_|            Rule 12h-3(b)(1)(i)   |X|
         Rule 12g-4(a)(1)(ii) |_|            Rule 12h-3(b)(1)(ii)  |_|
         Rule 12g-4(a)(2)(i)  |_|            Rule 12h-3(b)(2)(i)   |_|
         Rule 12g-4(a)(2)(ii) |_|            Rule 12h-3(b)(2)(ii)  |_|
                                             Rule 15d-6            |_|

          Approximate number of holders of record as of the certification or
notice date:   0
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          Pursuant to the requirements of the Securities Exchange Act of 1934
the RELIANCE ELECTRIC COMPANY SAVINGS AND INVESTMENT PLAN has caused this
certification/notice to be signed on its behalf by the undersigned duly
authorized person.


Date:     July 21, 1999                   By:/s/ Alfred J. Spigarelli
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                                             Alfred J. Spigarelli
                                             Plan Administrator