SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 17)
NUI CORPORATION
(Name of Issuer)
NO PAR VALUE COMMON STOCK
(Title of Class of Securities)
629430-10-09
(CUSIP Number)
Check the following box if a fee is being paid with the statement ___.
(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 92) 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 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 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 the following page(s))
Page 1 of 4 Pages<PAGE>
CUSIP NO. 629430-10-09 13G Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stewart B. Kean, Social Security No. ###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) _____
(b) X__
3 SEC USE ONLY
4 CITIZEN OR PLACE OF ORGANIZATION
U.S.A.
NUMBER OF SHARES 5 SOLE VOTING POWER 451,262
BENEFICIALLY OWNED
BY EACH REPORTING 6 SHARED VOTING POWER 157,407
PERSON WITH
7 SOLE DISPOSITIVE POWER 451,262
8 SHARED DISPOSITIVE POWER 157,407
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
608,669
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.86% OF THE 12,012,353 SHARES OUTSTANDING AS OF 2/11/98
12 TYPE OF REPORTING PERSON*
INDIVIDUAL
*SEE INSTRUCTION BEFORE FILING OUT!<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13-G
Under the Securities Exchange Act of 1934
Item 1(a) Name of Issuer:
NUI Corporation
Item 1(b) Address of issuer's Principal Executive Offices:
550 Route 202/206, Box 760, Bedminster, NJ 07921-0760
Item 2(a) Name of Person Filing:
Stewart B. Kean
Item 2(b) Address of Principal Business Office, or, if none
residence:
3258 Brookfield Drive, Las Vegas, NV 89120
Item 2(c) Citizenship:
U.S.A.
Item 2(d) Title of Class of Securities:
No Par Value Common Stock
Item 2(e) CUSIP Number:
629430-10-9
Item 3 If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b), check whether the person is a:
Not Applicable
Item 4 Ownership
608,669
(a) Amount Beneficially Owned 4.86%
(b) Percent of Class
(c) 451,262
(i) Sole power to vote or to direct the vote 157,407
(ii) Shared power to vote or to direct the vote
(iii) Sole power to dispose or to direct the 451,262
disposition
(iv) Shared power to dispose or to direct the 157,407
disposition
Page 3 of 4 Pages<PAGE>
Item 5 Ownership of Five Percent or Less of a Class:
X
Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
Not Applicable
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 Classifications of Members of the Group:
Not Applicable
Item 9 Notice of Dissolution of Group:
Not Applicable
Item 10 Certification
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.
Date: 2/11/98
Signature: /S/ Stewart B. Kean
Name/Title: Stewart B. Kean<PAGE>