DONALDSON CO INC
SC 13G/A, 1996-03-28
INDUSTRIAL & COMMERCIAL FANS & BLOWERS & AIR PURIFING EQUIP
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       SECURITIES AND EXCHANGE COMMISSION
	  Washington, D.C.  20549
	       Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No.  6)*

      DONALDSON COMPANY, INC.    (Name of Issuer)

       Common Stock   (Title of Class of Securities)

      257651109  (CUSIP Number)

Check the following box if a fee is being paid with this
statement ( ).  (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 pages 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
the section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).

(Continued on following page(s))
Page 1 of 7 Pages
				 Page 2 of 7 Pages
Cusip No.    257651109
	      13G


1  NAME OF REPORTING PERSON 
   S. S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

     Bankmont Financial Corp. (Previously updated by Harris
     Bankcorp, Inc. on behalf of Bankmont Financial Corp.)
     51-0275712

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                   	       (a) (   )
 See Exhibit                               (b) ( x )

3 SEC USE ONLY

4 CITIZENSHIP OR PLACE OF ORGANIZATION

    A Delaware Corporation

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 

5  SOLE VOTING POWER     2,000

6  SHARED VOTING POWER     0

7  SOLE DISPOSITIVE POWER     2,000

8  SHARED DISPOSITIVE POWER    0

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      2,000

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

11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9      0.01%

12  TYPE OF REPORTING PERSON      HC

*SEE INSTRUCTION BEFORE FILLING OUT!


1(a)  NAME OF ISSUER:

	 Donaldson Co., Inc.


1(b)  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

	  1400 W. 94th Street
	  Minneapolis, MN  55431


2(a)  NAME OF PERSON FILING:
	  Bankmont Financial Corp.(previously filed by Harris
	  Bankcorp, Inc. on behalf of Bankmont Financial Corp.

2(b)  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR RESIDENCE:
	  111 West Monroe Street
	  P. O. Box 755
	  Chicago, IL  60690


2(c)  PLACE OF ORGANIZATION OR CITIZENSHIP:
	  A Delaware Corporation


2(d)  TITLE OF CLASS OF SECURITIES:         Common stock


2(e)  CUSIP NUMBER:       257651109

3  If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
   check whether the person filing is a:
    (a) [  ] Broker or dealer registered under section 15 of the Act.
    (b) [X]  Bank as defined in section 3(a)(6) of the Act.
    (c) [  ] Insurance company as defined in section 3(a)(19) of the Act.
    (d) [  ] Investment company registered under section 8 of the
	     Investment Company Act.
    (e) [  ] Investment adviser registered under section 203 of the
	     Investment Advisers Act of 1940.
    (f) [  ] Employee benefit plan, pension fund which is subject to
	     the provisions of the Employee Retirement Income Security Act
	     of 1974 or endowment fund; see Sec.240.13d-1(b)(1)(ii)(F).
    (g) [X]  Parent holding company, in accordance with 
	     Sec.240.13d-1(b)(ii)(G).
    (h)[  ]  Group, in accordance with Sec.240.13d-1(b)(1)(ii)(H).
4  OWNERSHIP:

 (a)  Amount Beneficially Owned:  2,000

 (b)  Percent of Class:       0.01%

 (c)  Number of Shares as to Which Such Person has:

     (i)Sole power to vote or to direct the vote:  2,000

     (ii) Shared power to vote or to direct the vote:  0

     (iii) Sole power to dispose or to direct the disposition of:
             2,000

     (iv) Shared power to dispose or to direct the disposition of:
               0

5  OWNERSHIP OF 5 PERCENT OR LESS OF A CLASS.  If this statement is
   being filed to report the fact that as of the date hereof the 
   reporting person has ceased to be the beneficial owner of more 
   than 5 percent of the class of securities, check the 
   following: (X).

6  NOT APPLICABLE

7  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
   THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:

   Bankmont Financial Corp., a Parent Holding Company, filing under
   Rule 13d-1(b)(ii)(G) on behalf of the following subsidiaries:

	  Harris Bankcorp., Inc., a Parent Holding Company
	  111 West Monroe Street
	  P. O. Box 755
	  Chicago, IL  60690

	  Harris Trust and Savings Bank, a bank
	  111 West Monroe Street
	  P. O. Box 755
	  Chicago, IL  60690


8  NOT APPLICABLE


9  NOT APPLICABLE


10  CERTIFICATION:

By signing below, the undersigned certifies that, to the best of his
knowledge and belief, the securities referred to above were acquired
in the ordinary course of business and not acquired for the purpose of and
do not have the effect of changing or influencing the control of the
issuer of such securities and were not acquired in connection with or as
a participant in any transaction having such purpose or effect.


SIGNATURE:  After reasonable inquiry and to the best of his knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.


Date:  February 13, 1996


BANKMONT FINANCIAL CORP.


BY:  (Alan G. McNally)
	 Alan G. McNally
	    President

		       SCHEDULE 13G
			  Exhibit 1

Bankmont Financial Corp., a wholly-owned subsidiary of Bank of
Montreal, owns Harris Bankcorp, Inc.  Harris Trust and Savings Bank
is a wholly-owned subsidiary of Harris Bankcorp, Inc.

Pursuant to Rule 13-d(f)1(iii), Harris Bankcorp, Inc. and Harris Trust
and Savings Bank agree to this filing of Schedule 13G by Bankmont
Financial Corp.  This exhibit is submitted as proof of their agreement
and authorization for Bankmont Financial Corp. to file on their behalf.

Date:  February 13, 1996

HARRIS BANKCORP, INC.


BY:   (Thomas R. Sizer)
	Thomas R. Sizer 
	   Secretary

HARRIS TRUST AND SAVINGS BANK


BY:  (Robert J. Fridell)
    Robert J. Fridell    
    Vice President      



			SCHEDULE 13G
			   Exhibit 2



Bankmont Financial Corp., its wholly-owned subsidiary Harris Bankcorp,
Inc. and its wholly-owned subsidiary Harris Trust and Savings Bank
as Trustee, no longer hold beneficial ownership of Donaldson Company,
Inc. Common Shares formerly held by the Harris Trust and Savings
Bank as Trustee of the Donaldson Company Employee Stock Ownership
Plan. 




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