UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 18)*
Under the Securities Exchange Act of 1934
ECOLOGY AND ENVIRONMENT, INC.
_________________________________________________________________
(Name of Issuer)
Class A Common Stock - Par Value $.01 per share
_________________________________________________________________
(Title of Class of Securities
278878-10-3
____________________________
(CUSIP Number)
Brent D. Baird
1350 One M&T Plaza
Buffalo, New York 14203 (Phone: (716) 849-1484)
_________________________________________________________________
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
NOVEMBER 16, 1998
_______________________
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Schedule 13D, and is filing this schedule because of Rule 13d-
1(b)(3) or (4), check the following box __.
*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 disclosures provided in
a prior cover page.
The information required on 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).
<PAGE>
SCHEDULE 13D
Amendment No. 18
CUSIP NO. 278878-10-3
1. Name of Reporting Person
SS or IRS Identification No. of above person (optional)
First Carolina Investors, Inc.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___
(b)_X_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ____
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED 425,000
BY EACH REPORTING
PERSON WITH 8. SHARED VOTING POWER
-0-
9. SOLE DISPOSITIVE POWER
425,000
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
425,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ____
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.445%
14. TYPE OF REPORTING PERSON*
CO, IV
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
Amendment No. 18
CUSIP NO. 278878-10-3
1. Name of Reporting Person
SS or IRS Identification No. of above person (optional)
Bridget B. Baird, as successor trustee under an agreement
dated 12/23/38
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)___
(b)_X_
3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ____
6. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
NUMBER OF SHARES 7. SOLE VOTING POWER
BENEFICIALLY OWNED 14,500
BY EACH REPORTING
PERSON WITH 8. SHARED VOTING POWER
-0-
9. SOLE DISPOSITIVE POWER
14,500
10. SHARED DISPOSITIVE POWER
-0-
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,500
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* ____
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.663%
14. TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
Amendment No. 18
INTRODUCTION
The acquisition of 670,600 shares ("Shares") of Class A
Common Stock of the Issuer was previously reported by the
Reporting Persons in Schedule 13D, as amended, filed with the
Securities and Exchange Commission. The most recent Amendment,
Schedule 13D Amendment No. 17, was filed with the Securities and
Exchange Commission on September 4, 1998 ("Amendment No. 17").
Since the filing of Amendment No. 17, one of the Reporting
Persons (First Carolina Investors, Inc.) and one new Reporting
Person (Bridget B. Baird, as Successor Trustee under an agreement
dated 12/23/38) have purchased Shares of Class A common stock.
The number of Shares of Class A common stock now held by the
Reporting Persons is 699,500 Shares.
The Cover Pages for First Carolina Investors, Inc. and
Bridget B. Baird, Successor Trustee are hereby amended as shown
in this Amendment No. 18. Items 2, 3 and 5 are hereby amended as
shown in this Amendment No. 18. All other Items remain unchanged
from the previous filings of Schedule 13D, as amended.
NOTE: THE EXECUTION AND SUBMISSION OF THIS STATEMENT BY THE
REPORTING PERSONS SHALL NOT BE CONSTRUED AS A STATEMENT OR
ADMISSION THAT THE REPORTING PERSONS (I) ARE ACTING AS A
GROUP IN THE ACQUISITION OF THE SHARES, (II) COLLECTIVELY
CONSTITUTE A "PERSON" WITHIN THE MEANING OF SECTION 13(D)(3)
OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE
"ACT"), OR (III) FOR THE PURPOSES OF SECTION 13(D) OF THE
ACT, ARE THE BENEFICIAL OWNERS OF ANY SHARES OTHER THAN THE
SHARES IN WHICH EACH PERSON IS SPECIFICALLY IDENTIFIED IN
THIS STATEMENT TO HAVE A BENEFICIAL INTEREST.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 is hereby amended to add the following:
(4) BRIDGET B. BAIRD, AS SUCCESSOR TRUSTEE UNDER AN AGREEMENT
DATED 12/23/38 ("BRIDGET B. BAIRD, SUCCESOR TRUSTEE")
(a) Bridget B. Baird
(b) 28 Old Mill Road
Quaker Hill, CT 06375
(c) Professor, Connecticut College, New London, CT
(d) No
(e) No
(f) U.S.A.
ITEM 3. SOURCE AND AMOUNT OF FUNDS.
Item 3 is hereby amended to add the following:
The amount of funds paid for the Shares of Class A common stock
by First Carolina Investors, Inc. was approximately $136,631
(which includes only the amount of funds paid since the filing of
Amendment No. 17). This amount does not include brokerage
commissions.
The source of funds used for purchases by Bridget B. Baird,
Successor Trustee, are personal funds. Bridget B. Baird,
Successor Trustee did not borrow any funds to acquire such
Shares. The amount of funds paid for the Shares of Class A
common stock was approximately $145,075, which does not include
brokerage commissions.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended to read as follows:
(a) The Reporting Persons hereby report beneficial ownership, in
the manner hereinafter described, of 699,500 Shares of Class A
common stock:
<TABLE>
<CAPTION>
Percentage of
Number Of Outstanding
Shares Held in the Name of Shares Security (1)
<S> <C> <C>
Brent D. Baird 10,000 0.458%
The Cameron Baird
Foundation 250,000 11.438%
First Carolina Investors, 425,000 19.445%
Inc.
Bridget B. Baird, Successor
Trustee (2) 14,500 0.663%
_______ ______
TOTAL 699,500 32.004%
</TABLE>
(1) The foregoing percentages assume that the number of Class
A Common Shares of the Issuer outstanding is 2,185,692
Shares. As set forth in the Issuer's 10-K for the year
ending July 31, 1998, the number of Class A Common Shares
outstanding as of September 30, 1998 is 2,185,692 Shares.
(2) The income beneficiary of said trust is Jane D. Baird.
The remainder beneficiaries of said trust are the issue
of Jane D. Baird.
(b) For each person named in paragraph (a), that person has sole
voting and sole dispositive power over the Shares enumerated in
paragraph (a).
(c) The following purchases of the Shares of Class A common
stock were effected during the past sixty days:
<TABLE>
<CAPTION>
Price/Share
(in Dollars
Commissions
Purchase In The Number of not Transaction
Name Of Date Shares included) Made Through
<S> <C> <C> <C> <C>
First Carolina
Investors, Inc. 10/12/98 700 9 1/2 Fahnestock & Co
10/13/98 500 9 1/2 Fahnestock & Co
10/15/98 100 9 3/8 Fahnestock & Co
10/16/98 500 9 3/8 Fahnestock & Co
10/26/98 500 9 3/16 Fahnestock & Co
10/27/98 1,200 9 1/4 Fahnestock & Co
11/3/98 200 9 1/4 Fahnestock & Co
11/4/98 1,200 9 1/4 Fahnestock & Co
11/6/98 500 9 1/4 Fahnestock & Co
11/9/98 600 9 7/16 Fahnestock & Co
11/9/98 1,400 9 1/2 Fahnestock & Co
11/10/98 2,000 9 7/16 Fahnestock & Co
11/10/98 2,000 9 1/2 Fahnestock & Co
11/10/98 1,000 9 5/8 Fahnestock & Co
11/11/98 2,000 9 15/16 Fahnestock & Co
Bridget B. 11/13/98 4,000 9 15/16 Fahnestock & Co
Baird, 11/16/98 8,400 10 Fahnestock & Co
Successor 11/18/98 500 10 Fahnestock & Co
Trustee 11/20/98 600 10 1/8 Fahnestock & Co
11/23/98 800 10 1/4 Fahnestock & Co
11/24/98 200 10 1/4 Fahnestock & Co
</TABLE>
(d) Not applicable
(e) Not applicable
<PAGE>
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.
DATED this 30th day of November, 1998.
First Carolina Investors, Inc.
By: s/Brent D. Baird
Brent D. Baird, Chairman
Bridget B. Baird, Successor Trustee
By: s/Brian D. Baird
Brian D. Baird, as attorney-in-fact
