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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Dreyer's Grand Ice Cream, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
26187810
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(CUSIP Number)
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SCHEDULE 13G
CUSIP No. 26187810
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert E. Torray
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /x/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5 SOLE VOTING POWER
NUMBER OF -0-
SHARES ----------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 809,000
REPORTING ----------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
-0-
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8 SHARED DISPOSITIVE POWER
809,000
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
809,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES / /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.07%
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12 TYPE OF REPORTING PERSON
IN
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SCHEDULE 13G
CUSIP No. 26187810
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert E. Torray & Co., Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /x/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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5 SOLE VOTING POWER
NUMBER OF -0-
SHARES -----------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 739,000
REPORTING -----------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
-0-
- ----------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
739,000
- ----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
809,000
- ----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES / /
- ----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.07%
- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IA
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SCHEDULE 13G
CUSIP No. 26187810
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Torray Corporation
-------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /x/
- ----------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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5 SOLE VOTING POWER
NUMBER OF
SHARES -0-
BENEFICIALLY -----------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 70,000
PERSON -----------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
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8 SHARED DISPOSITIVE POWER
70,000
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
809,000
- ----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES / /
- ----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.07%
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12 TYPE OF REPORTING PERSON
IA
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Item 1.
(a) Name of Issuer: Dreyer's Grand Ice Cream, Inc.
(b) Address of Issuer's Principal Executive Offices:
5929 College Avenue
Oakland, CA 94618
Item 2.
(a) Name of Person Filing: Robert E. Torray & Co., Inc./
Robert E. Torray/The Torray Corporation
(b) Address of Principal Business Office or, if none, Residence:
Robert E. Torray & Co., Inc.
6610 Rockledge Drive, Suite 450
Bethesda, MD 20817-1869
Robert E. Torray
6610 Rockledge Drive, Suite 450
Bethesda, MD 20817-1869
The Torray Corporation
6610 Rockledge Drive, Suite 450
Bethesda, MD 20817-1869
(c) Citizenship: Maryland/United States of America/Maryland
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 26187810
Item 3. If this statement is filed pursuant to Rule 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) / / 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) /x/ 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
Section 240.13d-1(b)(1)(ii)(F)
(g) /x/ Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G)
(h) / / Group, in accordance with Section 240.13d-
1(b)(1)(ii)(H)
Item 4. Ownership
If the percent of the class owned, as of December 31 of the year
covered by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.
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The information in items 1 and 5-11 on the cover pages (pp
2-4) of the statement on Schedule 13G is hereby incorporated
by reference.
Item 5. Ownership of Five Percent or Less of a Class.
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
See Exhibit A
Item 8. Identification and Classification of Members of the Group
Item 9. Notice of Dissolution of Group
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.
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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 and may be filed jointly with Robert E.
Torray and Co., Inc. and the Torray Corporation.
Dated: 2/13/97
By: /s/ Robert E. Torray
__________________________________
Name: Robert E. Torray
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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 and may be filed jointly with Robert E.
Torray and the Torray Corporation.
Dated: 2/13/97 ROBERT E. TORRAY AND CO., INC.
By: /s/ William M Lane
________________________________
Name: William M Lane
Title: President
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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 and may be filed jointly with Robert E.
Torray, Inc. and Robert E. Torray.
Dated: 2/13/97 THE TORRAY CORPORATION
/s/ William M Lane
By: __________________________________
Name: William M Lane
Title: Vice President
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EXHIBIT A
Robert E. Torray is filing this statement as a parent holding company
in reliance on the following SEC No-Action Letters: Edward C. Johnson
3d, SEC No-Action Letter (Aug. 30, 1991) and Warren E. Buffet and
Berkshire Hathaway, Inc., SEC No-Action Letter (Dec. 5, 1986). The
relevant subsidiaries, Robert E. Torray & Co., Inc. and The Torray
Corporation, are registered as investment advisers under Section 203
of the Investment Advisers Act of 1940 and are deemed to have
beneficial ownership of the subject securities because they each
possess investment discretion with respect to the accounts in which
the shares are held.
