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                                                  OMB Number          3235-0145
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                  Under the Securities and Exchange Act of 1934
                                (Amendment No. )*


                              CONSOLIDATED TOMOKA
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                                     COMMON
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                  2210226 10 6
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

Check the following box if a fee is being paid with this  statement  |X|. (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 1;  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).

                                  PAGE 1 OF 5

SEC 1745 (20-88)

CUSIP No. 210226 10 6 13G Page 2 of 5 Pages ________________________________________________________________________________ 1. NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SHUFRO, ROSE & CO., LLC 13-5390713 ________________________________________________________________________________ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [_] ________________________________________________________________________________ 3. SEC USE ONLY ________________________________________________________________________________ 4. CITIZENSHIP OR PLACE OF ORGANIZATION A LLC ORGANIZED UNDER THE LAWS OF THE STATE OF NEW YORK ________________________________________________________________________________ NUMBER OF 5. SOLE VOTING POWER SHARES 24,700 _________________________________________________________________ BENEFICIALLY 6. SHARED VOTING POWER OWNED BY NONE _________________________________________________________________ EACH 7. SOLE DISPOSITIVE POWER REPORTING 448,180 _________________________________________________________________ PERSON 8. SHARED DISPOSITIVE POWER WITH NONE ________________________________________________________________________________ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 448,180 ________________________________________________________________________________ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] ________________________________________________________________________________ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.02 ________________________________________________________________________________ 12. TYPE OF REPORTING PERSON* BD & IA ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT!

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 Check the following box if a fee is being paid with this statement: [X] Item 1(a). Name of Issuer: Consolidated Tomoka, Inc. Item 1(b). Address of issuer's principal executive offices: 149 South Ridgewood Avenue Daytona Beach, FL 32114 Item 2(a). Name of person filing: SHUFRO, ROSE & CO., LLC Item 2(b). Address of principal business office: 745 Fifth Avenue, New York, NY 10151 Item 2(c). Citizenship: Limited Liability Corporation formed under the laws of the State of New York. Item 2(d). Title of class of securities: Common Item 2(e). CUSIP NO.: 210226 10 6 Item 3. If this statement if filed pursuant to Rules 13d-1(b), of 13d2(b), check whether the person filing is a: (a) [X] Broker or dealer registered under section 15 of the Act. (e) [X] Investment adviser registered under section 203 of the Investment Advisers Act of 1940. (b, (c),(d),(f),(g): Not applicable Page 3 of 5

Item 4. Ownership. If the percent of the class owned, as of December 31 of the year covered by the statement, or as of the last day of any month described in Rule 13d-1(b)(2), if applicable, exceeds 5 percent, provide the following information as of that date and identify those shares which there is a right to acquire. (a) Amount beneficially owned: 448,180 (b) Percent of class: 7.02 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 24,700 (ii) Shared power to vote or to direct to vote None (iii) Sole power to dispose or to direct the disposition of 448,180 (iv) Shared power to dispose or to direct the disposition of None Item 5. Ownership of 5 Percent or Less of a Class. Not applicable. Item 6. Ownership of More than 5 Percent on Behalf of another person. Not applicable. Page 4 of 5

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 signing 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. Disclaimer The undersigned expressly declares that the filing of this Initial Schedule 13G shall not be construed as an admission that such person is, for the purpose of Section 13(d) or 13(g) of the Securities Act of 1934, the beneficial owner of any securities covered by this statement. 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. SHUFRO, ROSE & CO., LLC Date: February 15, 2000 /s/ Steven Glass -------------------------- Signature By: Steven Glass -------------------------- (Managing Director) Page 5 of 5