U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Goodwin, James K.
120 Tredegar Street
Richmond, VA 23219
USA
2. Issuer Name and Ticker or Trading Symbol
James River Corporation of Virginia
JR
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
July 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
President, North American Consumer Products
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
common stock |5/6/96|795 |V|795 |D |$26.00 | | | |
| |(1) | | | | | | | |
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common stock |6/14/9|561 |V|561 |D |$25.88 |26,751 |D | |
|6 |(2) | | | | | | | |
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common stock | | | | | | |100 |I |child |
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common stock | | | | | | |1,630 |I |(3) |
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<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
deferred stock unit | |5/6/9|F |V|795 |D |(1) |(1) |common stock|795 | |0 |D | |
| |6 | | | | | | | | | | | | |
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deferred stock unit | |6/14/|F |V|561 |D |(2) |(2) |common stock|561 | |0 |D | |
| |96 | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
(1) Represents partial exempt distribution of award with original vesting
schedule of 5/6/92 to 5/6/99.
(2) Represents partial exempt distribution of award with orginal vesting
schedule of 6/14/94 to 6/14/01.
(3) Units held in the Company's 401K Plan as of 12/31/96. Units approximate
the number of shares attributable to
the
insider.
DATE
August 5, 1996
