SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    ---------

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934


                       International Food & Beverage Inc.
                                (Name of Issuer)

                          Common Stock $0.01 Par Value
                         (Title of Class of Securities)

                                   459526 20 8
                                 (CUSIP Number)



















                        (Continued on following page(s))

                                Page 1 of 5 Pages






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

         Troster Singer Division of Spear, Leeds & Kellogg
         13-5515160
- ------------------------------------------------------------------------
  2.     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                               (a)  |_|
                                                               (b)  |_|
- ------------------------------------------------------------------------
  3.     SEC USE ONLY
- -----------------------------------------------------------------------
  4.     CITIZENSHIP OR PLACE OF ORGANIZATION
         New York
- -----------------------------------------------------------------------
                           5.    SOLE VOTING POWER
  NUMBER OF                      206,550
   SHARES
- ---------------------------------------------------------
BENEFICIALLY               6.    SHARED VOTING POWER
  OWNED BY
    EACH
- ---------------------------------------------------------
  REPORTING                7.    SOLE DISPOSITIVE POWER
   PERSON                        206,550
    WITH
- ---------------------------------------------------------
                           8.    SHARED DISPOSITIVE POWER
- ------------------------------------------------------------------------
  9.     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         206,550
- ------------------------------------------------------------------------
 10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                             |_|
- ------------------------------------------------------------------------
 11.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         5.2%
- ------------------------------------------------------------------------
 12.     TYPE OF REPORTING PERSON
         BD
- ------------------------------------------------------------------------






Item 1.

     Item 1(a):    Name of Issuer:
                       International Food & Beverage Inc.

     Item 1(b):    Address of Issuer's Principal Executive Offices:
                       2021 Business Center Dr.
                       Suite 211
                       Irvine, CA 92715-1104

Item 2.

     Item 2(a):    Name of Person Filing:
                   Troster Singer-Division of Spear, Leeds & Kellogg

     Item 2(b):    Address of Principal Business Office or, if None, Residence:
                       10 Exchange Place
                       Jersey City, NJ 07302

     Item 2(c):    Citizenship:
                       Limited Partnership organized under the laws of the State
                       of New York

     Item 2(d):    Title of Class of Securities:
                       Common Stock $0.01 Par Value

     Item 2(e):    CUSIP Number:
                       459526 20 8

Item 3.  If this statement is filed pursuant to Rules 13d-1(b), or
         13d-2(b), check whether the person filing is a:

         (a) |_|  Broker or dealer registered under Section 15 of the Act,


Item 4.  Ownership:

         (a)  Amount Beneficially Owned:
              206,550

         (b)  Percent of Class:
              5.2%

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

              (i)  Sole power to vote or to direct the vote:
                   206,550




             (ii)  Shared power to vote or direct the vote:
                   0

            (iii)  Sole power to dispose or direct the disposition of:
                   206,550

             (iv)  Shared power to dispose or to direct the disposition of:
                   0

Item 5.  Ownership of Five Percent or Less of a Class.
         Not applicable.

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 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 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
         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.


                                                 February 11, 1997
                                                 -------------------------------
                                                 Date


                                                 TROSTER SINGER-DIVISION OF
                                                 SPEAR, LEEDS & KELLOGG


                                                 /s/ Carl H. Hewitt
                                                 -------------------------------
                                                 Signature


                                                 Carl H. Hewitt, General Counsel
                                                 -------------------------------
                                                 Name/Title