GREEN DANIEL CO
10-C, 1996-07-10
FOOTWEAR, (NO RUBBER)
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                       SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549

                                    FORM 10-C

                 REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM

                  Filed pursuant to Section 13 or 15(d) of the
                 Securities Exchange Act of 1934 and Rule 13a-17
                              or 15d-17 thereunder


                              DANIEL GREEN COMPANY
                 (Exact name of issuer as specified in charter)


                                 One Main Street
                         Dolgeville, New York 13329-1398
                     (Address of principal executive office)


         Issuer's telephone number, including area code  (315) 429-3131


                    I. CHANGE IN NUMBER OF SHARES OUTSTANDING

                 Indicate any change (increase or decrease) of 5% or more in the
                 number of shares outstanding:

         1. Title of security                     Common Stock, $2.50 par value

         2. Number of shares outstanding before the change    1,036,892

         3. Number of shares outstanding after the change       1,511,892

         4. Effective date of change                             June 26, 1996

         5. Method of change:
                Specify   method   (such  as  merger,   acquisition,   exchange,
         distribution,  stock split,  reverse  split,  acquisition  of stock for
         treasury, etc.)
                                Original issue of stock

                  Give  brief  description  of  transaction:  On June  26,  1996
         Riedman  Corporation,  purchased  475,000 newly issued shares of common
         stock,   $2.50  par  value,   from  Daniel   Green   Company  for  cash
         consideration of $1,500,000,  pursuant to a Stock Purchase Agreement by
         and between Daniel Green Company and Riedman Corporation, duly executed
         on June 26, 1996.

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                          II. CHANGE IN NAME OF ISSUER

    1. Name prior to change                                     Not Applicable
    2. Name after change                                        Not Applicable
    3. Effective date of charter amendment changing name        Not Applicable
    4. Date of shareholder approval of change, if required      Not Applicable

    Date  June 27, 1996                           /s/ Kevin C. Thompson
                                                  Treasurer
                                                 (Officer's signature & title)

























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