------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response ..... 11 ------------------------------ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO._________)* MONMOUTH CAPITAL CORPORATION -------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $1.00 per share -------------------------------------------------------------------------- (Title of Class of Securities) 609524103 -------------------------------------------------------------------------- (CUSIP Number) October 24, 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) [X] Rule 13d-1(c) [ ] 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 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). CUSIP NO. 609524103 13G PAGE 2 OF 5 PAGES -------------------------------------------------------------------------------- 1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities Only) United Mobile Homes, Inc. -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] -------------------------------------------------------------------------------- 3 SEC Use Only -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Maryland -------------------------------------------------------------------------------- Number of 5 Sole Voting Power Shares 243,184.7646 ----------------------------------------------------- Beneficially 6 Shared Voting Power -0- Owned by ----------------------------------------------------- 7 Sole Dispositive Power Each 243,184.7646 ----------------------------------------------------- Reporting 8 Shared Dispositive Power -0- Person With -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 243,184.7646 -------------------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] (See Instructions) Not Applicable -------------------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row (9) 7.6% -------------------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) CO -------------------------------------------------------------------------------- CUSIP No. 609524103 13G Page 3 of 5 -------------------------------------------------------------------------------- ITEM 1. (a) NAME OF ISSUER: Monmouth Capital Corporation (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 3499 Route 9, Suite 3C Freehold, New Jersey 07728 ITEM 2. (a) NAME OF PERSON FILING: United Mobile Homes, Inc. (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 3499 Route 9, Suite 3C Freehold, New Jersey 07728 (c) CITIZENSHIP: A corporation incorporated in the state of Maryland, USA (d) TITLE OF CLASS OF SECURITIES: Common Stock, par value $1.00 per share (e) CUSIP NUMBER: 609524103 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE FILING PERSON IS: Not Applicable ITEM 4. OWNERSHIP (a) AMOUNT BENEFICIALLY OWNED: 243,184.7646 (b) PERCENT OF CLASS: 7.6% (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (i) Sole power to vote or to direct the vote: 243,184.7646 (ii) Shared power to vote or to direct the vote: -0- (iii) Sole power to dispose or to direct the disposition of: 243,184.7646 (iv) Shared power to dispose or to direct the disposition of: -0- CUSIP No. 609524103 13G Page 4 of 5 -------------------------------------------------------------------------------- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that 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 Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON 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 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. CUSIP No. 609524103 13G/A Page 5 of 5 -------------------------------------------------------------------------------- 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. Dated: November 3, 2003 United Mobile Homes, Inc. By: /s/ Anna T. Chew -------------------------------------- Vice President