COEUR D ALENES CO
SC 13G, 1994-02-14
BITUMINOUS COAL & LIGNITE SURFACE MINING
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                                    UNITED STATES
                          SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C. 20549


                                     SCHEDULE 13G


                      Under the Securities Exchange Act of 1934

                             (Amendment No. ___________)*



                              THE COEUR D'ALENES COMPANY 
                                   (Name of Issuer)


                                      Common            
                              (Title of Class Securities)


                                      192117109          
                                    (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>







          CUSIP No.  192117109           13G              Page 2 of 4 Pages
           

            1  NAME OF REPORTING PERSON                                   
               S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                                                                         
               Ingersoll-Rand Company
               13-5156640

            2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP            

                 (a) ___     (b)  ___

            3  SEC USE ONLY                                               
                                                                         

            4  CITIZENSHIP OR PLACE OF ORGANIZATION                       
                                                                         
               New Jersey


            NUMBER OF     5  SOLE VOTING POWER                             
                             272,796                      
             SHARES  
                                                                        
           BENEFICIALLY   6  SHARED VOTING POWER                      
                                                             
            OWNED BY       
                          7  SOLE DISPOSITIVE POWER                   
              EACH           272,796                                  
                         
             PERSON    
                          8  SHARED DISPOSITIVE POWER                 
              WITH                                              

            9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                          272,796                                          
           

           10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
               CERTAIN SHARES      _____


           11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                    6.2%

           12  TYPE OF REPORTING PERSON
<PAGE>






                                                                       
           
          CUSIP No.   192117109          13G           Page 3 of 4 Pages



          Item 1.  

               (a)  Name of Issuer

                    The Coeur D'Alenes Company

               (b)  Address of Issuer's Principal Executive Officers

                    TAF - C26
                    Spokane, Washington 99220


          Item 2.

               (a)  Name of Person Filing

                    Ingersoll-Rand Company

               (b)  Address of Principal Executive Offices

                    200 Chestnut Ridge Road
                    Woodcliff Lake, New Jersey 07675

               (c)  Citizenship - New Jersey

               (d)  Title of Class of Securities

                    Common

               (e)  CUSIP Number   192117109 


          Item 3.   If this  statement is filed pursuant  to Rule 13d-1(b),
                    or 13d-2(b), check whether the person filing is a:

                                   NOT APPLICABLE


          Item 4.   Ownership

                    (a)  Amount Beneficially Owned

                         272,795

                    (b)  Percent of Class

                         6.2%
<PAGE>







          CUSIP No.   192117109          13G           Page 4 of 4 Pages



          Item 5.   Ownership of five percent or less of a Class

                                   NOT APPLICABLE


          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

                                   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

                                   NOT APPLICABLE

               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.


                                                February 8, 1994    
                                                       Date


                                             INGERSOLL-RAND COMPANY


                                             By: /s/ Ronald G. Heller      
                       
                                             Title:     Secretary
<PAGE>


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