UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 3)* The L.S.Starrett Company (Name of Issuer) Common Stock - Class B (Title of Class of Securities) 855668208 (CUSIP Number) December 31, 2003 (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) [ ] Rule 13d-1(c) [ X ] Rule 13d-1(d) *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 disclosures provided in a prior cover page. The information required on 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). Schedule 13G CUSIP No. 855668208 Page 2 of 5 Pages 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON George B. Webber; 288 14 3467 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ( )a ( )b 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION U.S. 5. SOLE VOTING POWER NUMBER 80,631 OF SHARES 6. SHARED VOTING POWER BENEFICIALLY OWNED BY 7. SOLE DISPOSITIVE POWER EACH 80,212 REPORTING PERSON 8. SHARED DISPOSITIVE POWER WITH 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 80,212 10. CHECK IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.2% 12. TYPE OF REPORTING PERSON IN Schedule 13G CUSIP No. 855668208 Page 3 of 5 Pages Item 1(a) Name of Issuer: The L.S.Starrett Company 1(b) Address of Issuer's Principal Executive Offices: 121 Crescent Street Athol, Massachusetts 01331 Item 2(a) Name of Person Filing: George B. Webber 2(b) Address of Principal Business Office or, if none, Residence: C/O The L.S.Starrett Company 24500 Detroit Road Cleveland, Ohio 44145 2(c) Citizenship: U.S. 2(d) Title of Class of Securities: COMMON STOCK - Class B 2(e) CUSIP Number: 855668208 Item 3 If this statement is filed pursuant to Rules 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 Act (15 U.S.C. 78o); (b) [ ]Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ]Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ]Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [ ]An investment adviser in accordance with 240.13d- 1(b)(1)(ii)(E); (f) [ ]An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) [ ]A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) [ ]A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ]A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ]Group, in accordance with 240.13d-1(b)(1)(ii)(J). Schedule 13G CUSIP No. 855668208 Page 4 of 5 Pages If this statement is filed pursuant to 240.13d-1(c), check this box [ ]. Item 4(a) Amount beneficially owned: 80,212 4(b) Percent of Class: 6.2% 4(c) Number of shares as to which such person has: (i)sole power to vote or to direct the vote: 80,212 (ii)shared power to vote or to direct the vote: (iii)sole power to dispose or to direct the disposition of: 80,212 (iv)shared power to dispose or to direct the disposition of: Item 5 Ownership of Five Percent or less of a Class: If this statement is being filed to report the fact as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6 Ownership of more than Five Percent on behalf of another person: NA Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company: NA Item 8 Identification and Classification of Members of the Group: NA Item 9 Notice of Dissolution of Group: NA Item 10 Certifications: NA Schedule 13G CUSIP No. 855668208 Page 5 of 5 Pages Signature After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. By: S/GEORGE B. WEBBER Name: George B. Webber Dated: January 26, 2004