SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____)*
Flair Corporation
_______________________________________________________________
(Name of Issuer)
Common Stock
________________________________________________________________
(Title of Class of Securities)
33848P10
_________________________________________________________________
(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).
(Continued on following page(s))
Page 1 of 6 Pages
CUSIP No. 33848P10 13G Page 2 of 6 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Dreyfus Corporation: 13-5673135
__________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) _____
(b) _____
__________________________________________________________________________
3. SEC USE ONLY
__________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
___________________________________________________________________________
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
-0-
___________________________________________________________________________
6. SHARED VOTING POWER
343,000
___________________________________________________________________________
7. SOLE DISPOSITIVE POWER
-0-
___________________________________________________________________________
8. SHARED DISPOSITIVE POWER
343,000
___________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
343,000
___________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
___________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.17%
___________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IA
___________________________________________________________________________
* SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 33848P10 13G Page 3 of 6 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Dreyfus New Leaders Fund,Inc.: 13-3272460
__________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) _____
(b) _____
__________________________________________________________________________
3. SEC USE ONLY
__________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
___________________________________________________________________________
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
-0-
___________________________________________________________________________
6. SHARED VOTING POWER
291,000
___________________________________________________________________________
7. SOLE DISPOSITIVE POWER
-0-
___________________________________________________________________________
8. SHARED DISPOSITIVE POWER
291,000
___________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
291,000
___________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
___________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.24%
___________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IV
___________________________________________________________________________
* SEE INSTRUCTION BEFORE FILLING OUT!
Schedule 13G Page 4 of 6 Pages
Item 1
(a) Name of Issuer
Flair Corporation
(b) Address of Issuer's Principal Executive Offices
4647 S.W. 40th Avenue
Ocala, Florida 34474
Item 2
(a) Name of Person Filing
a. The Dreyfus Corporation
b. Dreyfus New Leaders Fund, Inc.
(b) Address of Principal Business Office
a. 200 Park Avenue, New York, NY 10166
b. 144 Glenn Curtiss Blvd., Uniondale, NY 11556
(c) Citizenship
a. New York
b. Maryland
(d) Title of Class of Securities
a. Common Stock
(e) CUSIP Number
33848P10
Item 3 The person filing is an
(e) Investment Company registered under Section 8 of the
Investment Company Act (Dreyfus New Leaders Fund, Inc.)
(d) Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940. (The Dreyfus Corporation)
Item 4 Ownership
(a) Amount Beneficially Owned
a. 343,000
b. 291,000
(b) Percent of Class
a. 6.17%
b. 5.24%
(c) Number of shares as to which such person has
cont...
Schedule 13G Page 5 of 6 Pages
(i) sole power to vote or direct the vote:
-0-
(ii) shared power to vote or direct the vote:
644,300
(iii) sole power to dispose or to direct the disposition of:
-0-
(iv) shared power to dispose or to direct the disposition of:
644,300
Item 5 Ownership of Five Percent or Less of a Class
N/A
Item 6 Ownership of More than Five Percent on Behalf of Another Person
*
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company
N/A
Item 8 Identification and Classification of Members of the Group
N/A
Item 9 Notice of Dissolution of Group
N/A
Item 10 Certification
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and were 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 purposes or effect.
cont...
Schedule 13G Page 6 of 6 Pages
Signature
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 10, 1994
__________________________________________________
Date
Daniel C. Maclean
__________________________________________________
Signature
Daniel C. Maclean, Vice President and
General Counsel of The Dreyfus Corporation
__________________________________________________
Name/Title
Christine Pavalos
__________________________________________________
Signature
Christine Pavalos, Assistant Secretary of Dreyfus
New Leaders Fund, Inc.
__________________________________________________
Name/Title
* The Dreyfus Corporation is investment adviser to other investment
companies, each of which owns less than 5% of the issuer's securities, that
have the right to receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, the securities listed herein.
EXHIBIT A
AGREEMENT, made this 10th day of February, 1994 by which the persons
named below hereby consent to the joint filing of the attached Schedule 13G
under the Securities Exchange Act of 1934 on behalf of each such person.
Daniel C. Maclean THE DREYFUS CORPORATION
Daniel C. Maclean, Vice President
and General Counsel
Christine Pavalos DREYFUS NEW LEADERS
Christine Pavalos, Assistant Secretary FUND, INC.
The filing of this report shall not be construed as an admission that
the reporting persons named above constitute a group.
