UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
E.M. Warburg, Pincus & Co., LLC
466 Lexington Avenue
New York, NY 10017
2. Date of Event Requiring Statement (Month/Day/Year)
5/7/97
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Journal Register Company/JRC
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
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Table I -- Non-Derivative Securities Beneficially Owned |
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1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
| Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | |
| Owned | Indirect(I) | |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C>
Common Stock, $.01 par value |37,864,177 |I |Note 1 |
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Table II -- Derivative Securitites Beneficially Owned |
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1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership |
| Expiration | Securities | |exercise |Form of | |
| Date(Month/ |-----------------------|---------|price of |Deriv- | |
| Day/Year) | |Amount |deri- |ative | |
| Date | Expira- | |or |vative |Security: | |
| Exer- | tion | Title |Number of|Security |Direct(D) or | |
| cisable | Date | |Shares | |Indirect(I) | |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C> <C> <C> <C> <C>
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
Note 1: See attached continuation sheet
SIGNATURE OF REPORTING PERSON
/s/ Stephen Distler
DATE
July 8, 1997
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Continuation Sheet
Form 3
Initial Statement of Beneficial Ownership
Item 1 - Name and Address of Reporting Person
E.M. Warburg, Pincus & Co., LLC
Item 2 - Date of Event Requiring Statement (Month/Day/Year)
May 7, 1997
Item 4 - Issuer Name and Ticker or Trading Symbol
Journal Register Company/JRC
(1) The sole general partner of each of Warburg, Pincus Capi-
tal Company, L.P. ("WPCC"), Warburg, Pincus Capital Partners,
L.P. ("WPCP") and Warburg, Pincus Investors, L.P. ("Investors")
is Warburg, Pincus & Co., a New York general partnership
("WP"). Lionel I. Pincus is the managing partner of WP and may
be deemed to control it. E.M. Warburg, Pincus & Co., LLC, a
New York limited liability company ("EMW"), many of whose mem-
bers are also general partners of WP, manages WPCC, WPCP and
Investors. WP has a 20% interest in the profits of each of
WPCC, WPCP and Investors as the general partner. By reason of
the provisions of Rule 16a-1 of the Securities Exchange Act of
1934 (the "Exchange Act"), WP may be deemed to be the benefi-
cial owner of the Shares held by each of WPCC, WPCP and Inves-
tors. WP disclaims beneficial ownership of such Shares except
to the extent of any indirect pecuniary interest therein.
