<PAGE> OMB Number 3235-0104
Expires: December 31, 2001
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
1. Name and Address of Reporting Person
<<Snyder Capital Management, L.P., 350 California Street,
Suite 1460, San Francisco, CA, 94104-1436>>
(Last), (First) (Middle), (Street), (City) (State)
(Zip)
2. Date of Event Requiring Statement (Month/Day/Year) <<9/8/99>>
3. IRS or Social Security Number of Reporting Person (Voluntary)
________
4. Issuer Name and Ticker or Trading Symbol <<The Elder-Beerman Stores
Corp. (EBSC)>>
5. Relationship of reporting person to issuer
(Check all applicable)
_____ Director <<X>> 10% Owner
_____ Officer (give ____ Other (specify
title below) below)
6. If Amendment, Date of Original (Month/Day/Year) ____________________
7. Individual or Joint/Group Filing (Check Applicable line)
_____ Form filed by one Reporting Person
<<X>> Form filed by More than One Reporting Person
Page 1 of 4 Pages
<PAGE>
FORM 3 (continued) Page 2 of 4 Pages
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security <<Common Stock>>
2. Amount of Securities Beneficially Owned (Instr. 4) <<0>>
3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) <<N/A>>
4. Nature of Indirect Beneficial Ownership (Instr. 5)
___________________
__________________________________________________________________________
_
Reminder: Report on a separate line for each class of
securities beneficially owned directly or indirectly. (Over)
* If the form is filed by more than one reporting person,
see Instruction 5(b)(v). SEC 1473 (3-
99)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security ______________________________________
2. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
____________________ ________________________
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
Title ________________________ Amount or Number of Shares
__________
4. Conversion or Exercise Price of Derivative Security
_______________
5. Ownership Form of Derivative Security:
Direct (D) or Indirect (I) (Instr. 5)
____________________
<PAGE>
FORM 3 (continued) Page 3 of 4 Pages
6. Nature of Indirect Beneficial Ownership (Instr. 5)
_____________________________________________________________________
_
__________________________________________________________________________
_
Explanation of Responses:
SNYDER CAPITAL MANAGEMENT, L.P. 9/17/99
By: Snyder Capital Management, Inc. Date
General Partner
By: /s/ Steven J. Block
Steven J. Block, Vice President
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C.
78ff(a).
Note: File three copies of this Form, one of which must be manually
signed.
If space provided is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection
of information contained in this form are not required
to respond unless the form displays a currently valid OMB Number.
<PAGE>
FORM 3 (continued) Page 4 of 4 Pages
CONFIRMING STATEMENT
This Statement confirms that the undersigned has authorized and designated
Snyder Capital Management, L.P. ("SCMLP") to execute and file on the
undersigned's behalf all Forms 3, 4 and 5 (including any amendments
thereto) that the undersigned may be required to file with the U.S.
Securities and Exchange Commission as a result of the undersigned's
ownership of or transactions in securities of The Elder-Beerman Stores
Corp. ("Elder-Beerman"). The authority of SCMLP under this Statement
shall continue until the undersigned is no longer required to file Forms
3, 4 and 5 with regard to the undersigned's ownership of or transactions
in securities of Elder-Beerman, unless earlier revoked in writing. The
undersigned acknowledges that SCMLP is not assuming any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.
Date: September 17, 1999
SNYDER CAPITAL MANAGEMENT, INC.
By: /s/ Steven J. Block
Steven J. Block
Vice President
JOINT FILER INFORMATION
Name: Snyder Capital Management, L.P.
350 California Street, Suite 1460
San Francisco, CA 94104-1436
Designated Filer: Snyder Capital Management, L.P.
Issuer & Ticker Symbol: The Elder-Beerman Stores Corp. (EBSC)
Date of Event Requiring Statement: 9/8/99
Signature: SNYDER CAPITAL MANAGEMENT, INC.
By: /s/ Steven J. Block
Steven J. Block
Vice President
NJK\3321\002\1064396.01
