SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                 SCHEDULE 13G
                                (Rule 13d-102)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
                           PURSUANT TO RULE 13d-2(b)

                         (Amendment No. 1)



                          United Ventures Group, Inc.
                                (Name of Issuer)



                                  Common Stock
                         (Title of Class of Securities)



                                   913146106
                                 (CUSIP Number)



                                 August 9, 2000
             (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)


- ----------


     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 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).


(SC13G-07/99)



CUSIP No.    913146106               13G                    Page 2  of 5  Pages


________________________________________________________________________________
1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                  Allstate Financial Corp.
                  54-1208450


________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [_]
                                                                 (b)  [x]

________________________________________________________________________________
3.   SEC USE ONLY



________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

Virginia, United States of America

________________________________________________________________________________
  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           4,000,000
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          NONE
               _________________________________________________________________
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING         4,000,000

               _________________________________________________________________
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            NONE
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,000,000

________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          [_]

________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 .04%

________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*

CO

________________________________________________________________________________




CUSIP No.   913146106               13G                    Page 3   of 5  Pages


________________________________________________________________________________
Item 1(a).  Name of Issuer:

United Ventures Group, Inc.

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

30-00 47th Avenue
Long Island City, NY 11101


________________________________________________________________________________
Item 2(a).  Name of Person Filing:

Allstate Financial Corporation

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

8180 Greensboro Drive, Suite 525.
McLean,VA 22102


________________________________________________________________________________
Item 2(c).  Citizenship:

Virginia, United States of America

________________________________________________________________________________
Item 2(d).  Title of Class of Securities:

Common Stock

________________________________________________________________________________
Item 2(e).  CUSIP Number:

913146106

________________________________________________________________________________
Item 3.     If This Statement  is Filed  Pursuant to  Rule 13d-1(b), or 13d-2(b)
            or (c), Check Whether the Person Filing is a:

     (a)  [_]  Broker or dealer registered under Section 15 of the Exchange Act.

     (b)  [_]  Bank as defined in Section 3(a)(6) of the Exchange Act.

     (c)  [_]  Insurance  company as defined in Section 3(a)(19) of the Exchange
               Act.

     (d)  [_]  Investment  company  registered under Section 8 of the Investment
               Company Act.

     (e)  [_]  An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

     (f)  [_]  An employee  benefit plan or endowment  fund in  accordance  with
               Rule 13d-1(b)(1)(ii)(F);

     (g)  [_]  A parent  holding  company or control  person in accordance  with
               Rule 13d-1(b)(1)(ii)(G);

     (h)  [_]  A savings  association  as defined in Section 3(b) of the Federal
               Deposit Insurance Act;

     (i)  [_]  A  church  plan  that  is  excluded  from  the  definition  of an
               investment  company  under  Section  3(c)(14)  of the  Investment
               Company Act;

     (j)  [_]  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).


     If this statement is filed pursuant to Rule 13d-1(c), check this box.   [x]





CUSIP No.  913146106                  13G                    Page 4  of  5 Pages


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: 4,000,000


     (b)  Percent of class:.04%


     (c)  Number of shares as to which such person has:

          (i)   Sole power to vote or to direct the vote:     4,000,000  ,


          (ii)  Shared power to vote or to direct the vote :   none      ,


          (iii) Sole power to dispose or to direct the disposition of :
                4,000,000,

          (iv)  Shared power to dispose or to direct the disposition of: none



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

Based  on  information  obtained  solely  from a  public  filing  made  by the
registrant, Allstate Financial Corporation believes it holds less than 5% of the
common stock of the regitrant.


________________________________________________________________________________
Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.



________________________________________________________________________________
Item 7.  Identification and Classification of the Subsidiary Which Acquired the
         Security Being Reported on by the Parent Holding Company.



________________________________________________________________________________
Item 8.  Identification and Classification of Members of the Group.



________________________________________________________________________________
Item 9.  Notice of Dissolution of Group.



________________________________________________________________________________
Item 10.  Certifications.





          "By signing  below I certify  that,  to the best of my  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 such purpose 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.



                                                     August 11,2000
                                                        (Date)



                                                 /s/_C. Fred Jackson
                                                      (Signature)



                                         C> Fred Jackson, Secretary/Treasurer
                                                      (Name/Title)