CONSUMERS WATER CO
10-C, 1995-03-28
WATER SUPPLY
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Form 10-C

Securities and Exchange Commission
Washington, DC 20549

Report by issuer of securities quoted on The NASDAQ Stock Market,
filed pursuant to Section 13 or 15(d) of the Securities and 
Exchange Act of 1934 and Rule 131-17 or 15d-17 thereunder.

EXACT NAME OF ISSUER AS SPECIFIED IN CHARTER:  
Consumers Water Company
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ADDRESS OF PRINCIPAL EXECUTIVE OFFICES:
Three Canal Plaza, Portland, Maine 04101
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ISSUER'S TELEPHONE NUMBER (INCLUDING AREA CODE):
(207) 773-6438
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I.  CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or
more in the number of shares outstanding:

1.  Title of security:  Common shares, par value $1 per share
                       -----------------------------------------
2.  Number of shares outstanding before the change: 8,287,881
                                                   -------------
3.  Number of shares outstanding after the change:  8,329,301
                                                   -------------
4.  Effective date of change:  February 24, 1995
                             -----------------------------------
5.  Method of change:  Distribution
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Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock
for treasury, etc.)  Distribution
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Give brief description of transaction:  Issuances under Dividend
                                       -------------------------
Reinvestment and Common Share Purchase Plan, various employee
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plans.
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II.  CHANGE IN NAME OF ISSUER

1.  Name prior to change:
                         ---------------------------------------
2.  Name after change: 
                       -----------------------------------------
3.  Effective date of charter amendment changing name: 
                                                       ----------
4.  Date of shareholder approval of change, if required:
                                                       ----------

March 9, 1995         
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Date


/s/ Brian R. Mullany, Vice President and Secretary
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Officer's signature and title
Brian R. Mullany


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