SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G
            Information Statement Pursuant to Rules 13d-1 and 13d-2
                                Amendment No. 1



                               The Scotts Company
- --------------------------------------------------------------------------------
                                (Name of Issuer)




                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)



                                   810186106
- --------------------------------------------------------------------------------
                                 (CUSIP Number)



     Check the following box if a fee is being paid with this statement _______.
     (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.)



                         (Continued on following pages)

                               Page 1 of 5 Pages

 
- -------------------------
CUSIP NO.
810186106
- -------------------------

1.   Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     The Goldman Sachs Group, L.P.
- -------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group

                                         (a) _____
                                         (b) _____
- -------------------------------------------------------------------------------
3.   SEC Use Only


- -------------------------------------------------------------------------------
4.   Citizenship or place of Organization
 
Delaware
- -------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With

                5  Sole Voting Power
       
                                        0
                   ----------------------
                6  Shared Voting Power
       
                                  796,358
                   ----------------------
                7  Sole Dispositive Power
         
                                     0
                    ---------------------
               8    Shared Dispositive Power

                       796,358
                    ---------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

      796,358
- -------------------------------------------------------------------------------
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 
- -------------------------------------------------------------------------------
11.  Percent of Class Representing by Amount in Row (9)

      4.3%
- -------------------------------------------------------------------------------
12.  Type of Reporting Person

        HC-PN
- -------------------------------------------------------------------------------

                               Page 2 of 5 Pages

 
- -------------------------
CUSIP NO.
 810186106
- -------------------------

1.   Name of Reporting Person
     S.S. or  I.R.S. Identification No. of  Above Person

     Goldman, Sachs & Co.
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With

                5  Sole Voting Power

                                    0
                   ----------------------
                6  Shared Voting Power
      
                                  796,358
                   ----------------------
                7  Sole Dispositive Power
           
                                    0
                   ----------------------
               8    Shared Dispositive Power

                       796,358
                   ----------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

      796,358
- -------------------------------------------------------------------------------
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

- -------------------------------------------------------------------------------
11.  Percent of Class Representing by Amount in Row (9)

      4.3%
- -------------------------------------------------------------------------------
12.  Type of Reporting Person

        BD-PN-IA
- -------------------------------------------------------------------------------

                               Page 3 of 5 Pages

 
     Item 4.   Ownership.

           (a).  Amount beneficially owned:
               See the responses(s) to Item 9 on the attached cover page(s).

           (b).  Percent of class:
               See the response(s) to Item 11 on the attached cover page(s).

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

               (i)  Sole power to vote or to direct the vote:
                         See the response(s) to Item 5 on the attached cover
                         page(s).

               (ii) Shared power to vote or direct the vote:
                         See the response(s) to Item 6 on the attached cover
                         page(s).

               (iii)  Sole power to dispose or to direct the disposition of:
                         See the response(s) to Item 7 on the attached cover
                         page(s).

               (iv) Shared power to dispose or to direct the disposition of:
                         See the response(s) to Item 8 on the attached cover
                         page(s).

      Item 5.   Ownership of Less than Five Percent of a Class
                    November 10, 1995



     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.

                               Page 4 of 5 Pages

 
                                   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.



Date:  December 8, 1995


                              THE GOLDMAN SACHS GROUP, L.P.


                              By:   /s/ William J. Buckley
                                  ----------------------------
                              Name:  William J. Buckley
                              Title:   General Partner


                              GOLDMAN, SACHS & CO.


                              By: /s/  William J. Buckley
                                  ----------------------------
                              Name:  William J. Buckley
                              Title:   General Partner

                               Page 5 of 5 Pages