DOMINION RESOURCES INC /VA/
4, 1996-08-09
ELECTRIC SERVICES
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

1. Name and Address of Reporting Person   4. Statement for Month/Year
     Capps, Thos. E.                              July 1996
     Riverfront Plaza - West
     901 E. Byrd Street, 17th Floor       5. If Amendment, Date of
     Richmond, VA 23219                      Original (Month/Year)

2. Issuer Name and Ticker or Trading Symbol  6. Relationship of Reporting
     Dominion Resources, Inc. (D)               Person to Issuer
                                                DIRECTOR AND OFFICER
                                                 Chairman of the Board,
3. IRS or Social Security Number of              President and Chief
   Reporting Person (Voluntary)                  Executive Officer
     ###-##-####

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security                           Common Stock
2. Transaction Date                            07/01/1996
3. Transaction Code                            J (01)
4. Securities Acquired (A) or Disposed of (D)

   Amount                                      5,746
   (A) or (D)                                  D
   Price                                       (01)

5. Amount of Securities Beneficially
     Owned at End of Month                     39,335.754
6. Ownership Form: Direct (D) or Indirect (I)  D
7. Nature of Indirect Beneficial Ownership     __________________



1.   Title of Security                          Common Stock
2.   Transaction Date                           __________________
3.   Transaction Code                           __________________
4.   Securities Acquired (A) or Disposed of (D)
     Amount                                     __________________
     (A) or (D)                                 __________________
     Price                                      __________________
5.   Amount of Securities Beneficially
       Owned at End of Month                    11,582
6.   Ownership Form: Direct (D) or Indirect (I) I
7.   Nature of Indirect Beneficial Ownership    By Trustee of Employee
                                                Savings Plan

<PAGE>
1.   Title of Security                    Common Stock (02)
2.   Transaction Date                     _____________
3.   Transaction Code                     _____________
4.   Securities Acquired (A) or Disposed of (D)
     Amount                               _____________
     (A) or (D)                           _____________
     Price                                _____________
5.   Amount of Securities Beneficially
       Owned at End of Month              446.049
6.   Ownership Form: Direct (D) or Indirect (I)    I (02)
7.   Nature of Indirect Beneficial Ownership   By Daughter



1.   Title of Security                    Common Stock (02)
2.   Transaction Date                     _______________
3.   Transaction Code                     _______________
4.   Securities Acquired (A) or Disposed of (D)
     Amount                               _______________
     (A) or (D)                           _______________
     Price                                _______________
5.   Amount of Securities Beneficially
       Owned at End of Month              446.049
6.   Ownership Form: Direct (D) or Indirect (I)     I (02)
7.   Nature of Indirect Beneficial Ownership   By Daughter


<PAGE>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.   Title of Derivative Security         __________________

2.   Conversion or Exercise Price of 
      Derivative Security                 __________________

3.   Transaction Date                     __________________

4.   Transaction Code                     __________________

5.   Number of Derivative Securities Acquired (A)
      or Disposed of (D)                  __________________

6.   Date Exercisable                     __________________

     Expiration Date                      __________________

7.   Title and Amont of Underlying Securities

     Title                                __________________
     Amount or Number of Shares           __________________

8.   Price of Derivative Security         __________________

9.   Number of Derivative Securities 
      Beneficially Owned at End of Month  __________________

10.  Ownership of Derivative Security: Direct (D)
      or Indirect (I)                     __________________

11.  Nature of Indirect Beneficial Ownership   __________________

Explanation of Responses:

(01) Shares previously reported as directly owned by Mr. Capps and now
     reported as  disposed of  have been transferred to Mr. Capps' spouse
     pursuant to a property settlement agreement.  No consideration was
     received by Mr. Capps.  Any deemed interest of Mr. Capps in all of the
     shares shown as  disposed of  has terminated.

(02) Mr. Capps disclaims beneficial ownership of these shares.

CAPPS, THOS. E.                   Dominion Resources, Inc.      July 1996


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