UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under The Securities Exchange Act Of 1934
(Amendment No. )*
CHITTENDEN CORPORATION
(Name of Issuer)
COMMON STOCK $1.00 PAR VALUE
(Title Class Of Securities)
170228100
(CUSIP Number)
*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).
CUSIP No. 170228100 13G
1. NAME OF REPORTING PERSON: Estabrook Capital Management
Inc.
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON: 13-2670934
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP.*
A __
B __
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION: INCORPORATED IN
DELAWARE, USA
5. SOLE VOTING POWER: 0 SHARES
6. SHARED VOTING POWER: 873,486 SHARES
7. SOLE DISPOSITIVE POWER: 873,486 SHARES
8. SHARED DISPOSITIVE POWER: 0 SHARES
9. AGGREGATED AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 873,486 SHARES
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES* N/A
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 7.54%
12. TYPE OF REPORTING PERSON*: IA
ITEM 1.
(A) NAME OF ISSUER: CHITTENDEN CORPORATION
(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
TWO BURLINGTON SQUARE, BURLINGTON, VT 05401
ITEM 2.
(A) NAME OF PERSON FILING: ESTABROOK CAPITAL MANAGEMENT
INC.
(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE
430 PARK AVENUE, SUITE 1800, NEW YORK, NY 10022
(C) CITIZENSHIP: INCORPORATED IN DELAWARE, USA
(D) TITLE OF CLASS OF SECURITIES: COMMON STOCK $1.00 PAR
VALUE
(E) CUSIP NUMBER: 170228100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-
1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
(E) _X_ INVESTMENT ADVISER REGISTERED UNDER SECTION 203
OF THE INVESTMENT ADVISERS ACT OF 1940
ITEM 4. OWNERSHIP
(A) AMOUNT BENEFICIALLY OWNED: 873,486 SHARES
(B) PERCENT OF CLASS: 7.5%
(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE 0 SHARES
(II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE 873,486
SHARES
(III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION
OF 873,486 SHARES
(IV) SHARED POWER TO DISPOSE OR TO DIRECT THE
DISPOSITION OF 0 SHARES
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. N/A
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
THE FOLLOWING CERTIFICATION SHALL BE INCLUDED IF
THE
STATEMENT IS FILED PURSUANT TO RULE 13D-1(B):
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.
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.
March 26, 1998
/s/ ROY Y. WILLIAMSON
Estabrook Capital Management Inc.
ROY Y. WILLIAMSON, CORPORATE SECRETARY
