ITEM 1.
ITEM 1 (a) NAME OF ISSUER:
First Financial Corporation
ITEM A (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
One First Financial Plaza
P.O. Box 540
Terre Haute, IN 47808-0540
ITEM 2.
ITEM 2 (a) NAME OF PERSON FILING:
Princeton Mining Company 35-0592430
ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR,
IF NONE, RESIDENCE:
State Road 46 South
Terre Haute, IN 47803
ITEM 2 (c) CITIZENSHIP:
Place of Organization: Indiana
ITEM 2 (d) TITLE OF CLASS OF SECURITIES:
Common Stock without par value
ITEM 2 (e) CUSIP NUMBER:
320218(10)
ITEM 3. STATEMENT FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b)
Not applicable because this is an amendment to an
original filing under Section 13(g) (1). The
reporting person was a beneficial owner of more
than 5 percent of the Issuer's outstanding common
stock prior to the Issuer's registration under
Section 12(g) of the Securities Exchange Act
of 1934.
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ITEM 4. OWNERSHIP. (as of December 31, 1998):
(a) Amount Beneficially Owned: 653,112 shares
(b) Percent of Class: 9.12%
(c) Number of shares as to which such person has:
(I) sole power to vote or direct the vote 653,112
(ii) shared power to vote or direct the vote -0-
(iii) sole power to dispose or to direct the disposition of
653,112
(iv) shared power to dispose or to direct the disposition
of 653,112
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable
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 CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
ITEM 10. CERTIFICATION.
Not Applicable
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.
PRINCETON MINING COMPANY
By: ________________________
Donald E. Smith, Chairman
of the Board
Dated: __________________ <PAGE>