<PAGE>1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
GENOVESE DRUG STORES, INC.
_______________________________________________________
(Name of Issuer)
Common Stock
_______________________________________________________
(Title of Class of Securities)
372442202
_______________________________________________________
(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
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CUSIP No. 372442202 13G Page 2 of 6 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
T. ROWE PRICE ASSOCIATES, INC.
_________________________________________
52-0556948
_________________________________________
2 Check the Appropriate Box if a Member of a Group*
(a)
NOT APPLICABLE
_________________________________________ (b)
3 SEC Use Only
_________________________________________
4 Citizenship or Place of Organization
MARYLAND
_________________________________________
5 Sole Voting Power
**
Number of 30,800
_____________________________________________
Shares 6 Shared Voting Power
**
Beneficially -0-
_____________________________________________
Owned By Each 7 Sole Dispositive Power
**
Reporting Person 234,080
_____________________________________________
With 8 Shared Dispositive Power
-0-
_____________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting
Person
234,080
_________________________________________
10 Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares*
NOT APPLICABLE
_________________________________________
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11 Percent of Class Represented by Amount in Row 9
6.4%
_________________________________________
12 Type of Reporting Person*
IA
_________________________________________
*SEE INSTRUCTION BEFORE FILLING OUT!
**Any shares reported in Items 5 and 6 are also reported in Item
7.
CUSIP No. 372442202 13G Page 3 of 6 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
T. ROWE PRICE SMALL CAP VALUE FUND, INC.
_________________________________________
52-1575325
_________________________________________
2 Check the Appropriate Box if a Member of a Group*
(a)
NOT APPLICABLE
_________________________________________ (b)
3 SEC Use Only
_________________________________________
4 Citizenship or Place of Organization
MARYLAND
_________________________________________
5 Sole Voting Power
**
Number of 203,280
_____________________________________________
Shares 6 Shared Voting Power
Beneficially None
_____________________________________________
Owned By Each 7 Sole Dispositive Power
Reporting Person None
_____________________________________________
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With 8 Shared Dispositive Power
None
_____________________________________________
9 Aggregate Amount Beneficially Owned by Each Reporting
Person
** 203,280
_________________________________________
10 Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares*
NOT APPLICABLE
_________________________________________
11 Percent of Class Represented by Amount in Row 9
5.6%
** _________________________________________
12 Type of Reporting Person*
IV
_________________________________________
*SEE INSTRUCTION BEFORE FILLING OUT!
**The aggregate amount reported on this page is also included in
the aggregate amount reported by T. Rowe Price Associates, Inc.
on page 2 of this Schedule 13G.
SCHEDULE 13G
PAGE 4 of 6
Item 1(a) Name of Issuer:
Reference is made to page 1 of this Schedule 13G
Item 1(b) Address of Issuer's Principal Executive Offices:
80 Marcus Drive, Melville, New York 11747
________________________________________________________
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Item 2(a) Name of Person(s) Filing:
T. Rowe Price Associates, Inc. ("Price
Associates")
(1)
___________________________________________________
T. Rowe Price Small Cap Value Fund, Inc.
(2)
_________________________________________________
X Attached as Exhibit A is a copy of an agreement
between the Persons Filing (as specified
hereinabove) that this Schedule 13G is being filed
on behalf of each of them.
Item 2(b) Address of Principal Business Office:
100 E. Pratt Street, Baltimore, Maryland 21202
________________________________________________________
Item 2(c) Citizenship or Place of Organization:
Maryland
(1)
___________________________________________________
Maryland
(2)
___________________________________________________
Item 2(d) Title of Class of Securities:
Reference is made to page 1 of this Schedule 13G
________________________________________________________
Item 2(e) CUSIP Number:
372442202
Item 3 The person filing this Schedule 13G is an:
X Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940
X Investment Company registered under Section 8 of
the Investment Company Act of 1940
Item 4 Reference is made to Items 5-11 on page 2 of this
Schedule 13G.
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SCHEDULE 13G
PAGE 5 of 6
Item 5 Ownership of Five Percent or Less of a Class.
X Not Applicable.
This statement is being filed to report the fact
that, as of the date of this report, the reporting
person(s) has (have) ceased to be the beneficial
owner of more than five percent of the class of
securities.
Item 6 Ownership of More than Five Percent on Behalf of
Another Person
(1) Price Associates does not serve as custodian
of the assets of any of its clients;
accordingly, in each instance only the
client or the client's custodian or trustee
bank has the right to receive dividends paid
with respect to, and proceeds from the sale
of, such securities.
The ultimate power to direct the receipt of
dividends paid with respect to, and the
proceeds from the sale of, such securities,
is vested in the individual and
institutional clients which Price Associates
serves as investment adviser. Any and all
discretionary authority which has been
delegated to Price Associates may be revoked
in whole or in part at any time.
Except as may be indicated if this is a
joint filing with one of the registered
investment companies sponsored by Price
Associates which it also serves as
investment adviser ("T. Rowe Price Funds"),
not more than 5% of the class of such
securities is owned by any one client
subject to the investment advice of Price
Associates.
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(2) With respect to securities owned by any one
of the T. Rowe Price Funds, only State
Street Bank and Trust Company, as custodian
for each of such Funds, has the right to
receive dividends paid with respect to, and
proceeds from the sale of, such securities.
No other person is known to have such right,
except that the shareholders of each such
Fund participate proportionately in any
dividends and distributions so paid.
Item 7 Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company.
Not Applicable.
Item 8 Identification and Classification of Members of
the Group.
Not Applicable.
SCHEDULE 13G
PAGE 6 of 6
Item 9 Notice of Dissolution of Group.
Not Applicable.
Item 10 Certification.
By signing below I (we) certify that, to the best
of my (our) 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 purpose or effect. T. Rowe Price Associates,
Inc. hereby declares and affirms that the filing
of Schedule 13G shall not be construed as an
admission that Price Associates is the beneficial
owner of the securities referred to, which
beneficial ownership is expressly denied.
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Signature.
After reasonable inquiry and to the best of my
(our) knowledge and belief, I (we) certify that
the information set forth in this statement is
true, complete and correct.
February 14, 1994 February 14, 1994
Dated: Dated:
T. ROWE PRICE SMALL CAP VALUE T. ROWE PRICE ASSOCIATES, INC.
FUND, INC.
By: /s/ Carmen F. Deyesu By: /s/ Henry H. Hopkins
Carmen F. Deyesu, Treasurer Henry H. Hopkins,
Managing Director
Note: Six copies of this Schedule 13G, including all exhibits,
must be filed with the Securities and Exchange
Commission, and a copy hereof must be sent to the issuer
by registered or certified mail and to the principal
national securities exchange on which the security is
listed not later than February 14th following the
calendar year covered by the statement or within the
time specified in Rule 13d-1(b)(2), if applicable.
12/31/93
PAGE 9 EXHIBIT A
AGREEMENT
JOINT FILING OF SCHEDULE 13G
T. Rowe Price Associates, Inc. (an investment adviser
registered under the Investment Advisers Act of 1940) and T. Rowe
Price Growth Stock Fund, Inc., a Maryland corporation, hereby
agree to file jointly the statement on Schedule 13G to which this
Agreement is attached, and any amendments thereto which may be
deemed necessary, pursuant to Regulation 13D-G under the
Securities Exchange Act of 1934.
It is understood and agreed that each of the parties
hereto is responsible for the timely filing of such statement and
any amendments thereto, and for the completeness and accuracy of
the information concerning such party contained therein, but such
party is not responsible for the completeness or accuracy of
information concerning the other party unless such party knows or
has reason to believe that such information is inaccurate.
It is understood and agreed that a copy of this
Agreement shall be attached as an exhibit to the statement on
Schedule 13G, and any amendments hereto, filed on behalf of each
of the parties hereto.
February 14, 1994 February 14, 1994
Dated: Dated:
T. ROWE PRICE SMALL CAP VALUE T. ROWE PRICE ASSOCIATES,
FUND, INC. INC.
By: /s/ Carmen F. Deyesu By: /s/ Henry H. Hopkins
Carmen F. Deyesu, Treasurer Henry H. Hopkins,
Managing Director
