FORM 5
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
<TABLE>
<S> <C> <C>
1. Name and Address of 2. Issuer Name and 6 Relationship -Reporting
Reporting Person* Ticker or Trading Person to Issuer
Symbol
Bauer, Jr., Edward G. Cencor, Inc. (CNCR) X Director 10% Owner
1152 Tamarind Way 3. IRS or 4 Statement Officer Other
Boca Raton, FL 33486- SSN Month/Year
5555 12/97
###-##-#### 5 If Amend- 7 Individual or Joint/
ment,Date Group Filing
X Form filed by One
Reporting Person
Form filed by More
Than One Reporting
Person
</TABLE>
<TABLE>
<CAPTION>
TABLE I - Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
<S> <C> <C> <C> <C> <C> <C>
1 Title 2 Trans- 3 Trans- 4 Securites 5 Amount 6 Owner- 7 Nature
of Sec action action Acquired of Sec. ship of In-
Date Code (A) or Bene- Form: direct
Disposed ficially Direct Benefi-
of (D) Owned at (D)or cial
End of Indi- Owner-
Issuer's rect(I) ship
Fiscal Yr
M/D/Y Amnt A Price
Common 11-25-97 S4 1,000 D 9.50 -0- D
Stock
Common 12/5/97 S4 5,000 D 9.25 -0- D
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<PAGE>
TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
This table is intentionally left blank.
/s/ EDWARD G. BAUER, JR. 3/11/98
Signature of Reporting Person Date
