RALSTON PURINA CO
SC 13G, 1996-12-04
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C 20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934

                             RALSTON PURINA COMPANY

                                (Name of Issuer)

               Ralston Purina Company Common Stock ("RAL Stock")
     and $1.00 par Series A ESOP Convertible Preferred Stock ("ESOP Stock")
convertible into 2.29 shares of RAL Stock.  ESOP Stock is not stock of the type
      described in Section 13(d)(i)of the Securities Exchange Act of 1934.

                         (Title of Class of Securities)

                            751 277 302 (RAL Stock)

                                 (CUSIP Number)

Check the following box if a fee is being paid with this 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 (2)  has  filed no  amendment  subsequent
thereto reporting beneficial ownership of five  percent or less of such  class.)
(See Rule 13d-7).

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 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.
1.   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:

     Ralston Purina Benefits Policy Board ("BPB").

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:

     Not applicable.

3.   SEC USE ONLY:

4.   CITIZENSHIP OR PLACE OF ORGANIZATION:

     BPB is an unincorporated  committee consisting of  employees of the  Issuer
     with fiduciary  responsibility  for  the  administration  of  the  Issuer's
     Savings Investment Plan (the "Plan"), a 401K Plan with an ESOP feature.

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

5.   SOLE VOTING POWER:            0

6.   SHARED VOTING POWER:          0

7.   SOLE DISPOSITIVE POWER:       0

8.   SHARED DISPOSITIVE POWER:     As of November 1,  1996, 1,113,246 shares  of
     RAL Stock allocated  to participant  accounts and  2,891,509 allocated  and
     unallocated shares of ESOP Stock convertible  into 6,621,556 shares of  RAL
     Stock.   The  BPB has  authority  to make  amendments  to the  Plan,  which
     amendments may  include the  deletion of  the RAL  Stock Fund  or the  ESOP
     Preferred Stock Fund as investment funds of the Plan.  Upon such amendment,
     if made, the Trustee  for the Plan  would be required  to sell, redeem,  or
     otherwise dispose of shares of such stocks held with respect to such  funds
     and transfer the proceeds  to other accounts established  on behalf of  the
     participants.

     Dividends with respect to shares of  RAL Stock and ESOP Stock allocated  to
     participant accounts are paid  into such accounts or,  in the case of  ESOP
     Stock, may be  paid directly to  participants.  Dividends  with respect  to
     unallocated shares of ESOP Stock are, by  the terms of the Plan, paid  into
     the Ralston Purina Savings Investment Trust  (the "SIP Trust") and used  to
     pay principal and interest on notes issued by  the Trust.  By the terms  of
     the Plan shares  of stock  allocated to  participant accounts  may only  be
     distributed  to  participants  upon  retirement  or  other  termination  of
     employment or,  in  certain limited  circumstances,  hardship  withdrawals.
     Shares of ESOP Stock may only be held by  the Trustee of the SIP Trust  and
     so must be converted into shares of RAL Stock prior to such distribution to
     participants.  Participants  have a limited  right of diversification  with
     respect to accounts in the RAL Stock Fund (but not the ESOP Preferred Stock
     Fund) but upon any participant election  to transfer accounts from the  RAL
     Stock Fund,  shares of  RAL Stock  may  be sold  and the  proceeds  thereof
     transferred to other investment funds of  the Plan.  Unallocated shares  of
     ESOP Stock are subject to a security interest securing the notes issued  by
     the SIP Trust and  upon payments on  such notes, shares  of such stock  are
     released from such security interest and allocated to participant accounts.


     On May 15, 1995,  the Issuer exchanged each  outstanding share of  Ralston-
     Continental Baking Group Common Stock ("CBG Stock") for .0886 shares of RAL
     Stock, which now represents the issuer's  sole class of common stock.   The
     exchange was authorized by  the Issuer's Articles of  Incorporation.  As  a
     result of  the exchange,  the terms  of  the ESOP  Stock were  adjusted  to
     provide that shares of such Stock were convertible only into 2.29 shares of
     RAL Stock.    Upon the  exchange,  all shares  of  CBG Stock  allocated  to
     participant accounts in the  Plan were exchanged for  shares of RAL  Stock,
     and the CBG Stock Fund in the Plan was thereafter deleted.

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING  PERSON:

     1,113,246  shares  of  RAL  Stock  and  2,891,509  shares  of  ESOP   Stock
     convertible into 6,621,556 shares of RAL Stock.  Reporting Person disclaims
     beneficial ownership of all such shares pursuant to Rule 13d-4.

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*:

     Not applicable.

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:

     6.87% of outstanding RAL Stock and RAL Stock convertible from ESOP Stock
     (in the aggregate).

12.  TYPE OF REPORTING PERSON:

     EP

SCHEDULE 13G

Item 1.

(a)  Name of Issuer:  Ralston Purina Company

(b)  Address of Issuer's Principal Executive Offices:
     Checkerboard Square, St. Louis, MO 63164

Item 2.

(a)  Name of Person Filing:  BPB
(b)  Address of Principal Business Office or, if none, Residence:
     Checkerboard Square, St. Louis, MO 63164

(c)  Citizenship:        See responses to Item 4 on Cover Sheets

(d)  Title of Class of Securities: RAL Stock and ESOP Stock convertible into RAL
     Stock.

(e)  CUSIP Number:  751 277 302 (RAL Stock).

Item 3.        If this statement is filed pursuant to Rule 13d-1(b), or 13d-

2(b),

     check whether the person filing is a:


(a)  Broker or Dealer registered under Section 15 of the Act:  No

(b)  Bank as defined in section 3(a)(6) of the Act:  No

(c)  Insurance Company as defined in section 3(a)(19) of the Act:  No

(d)  Investment Company registered under section 8 of the Investment Company
     Act:  No.

(e)  Investment Adviser registered under section 203 of the Investment Advisers
     Act of 1940:  No

(f)  Employee Benefit Plan, Pension Fund which is subject to the provisions of
     the Employee Retirement Income Security Act of 1974 or Endowment Fund; see
     Section 240. 13d-1(b)(1)(ii)(F):  Yes

(g)  Parent Holding Company, in accordance with Section 240.13d-1(b)(ii)(G)
     (Note: See Item 7):  No

(h)  Group, in accordance with Section 240. 13d-1(b)(l)(ii)(H):  No

Item 4.        Ownership


     If the percent of the class owned, as of December 31 of the year covered by
     the statement, or as of the  last day of any  month described in Rule  13d-
     1(b)(2),  if  applicable,  exceeds  five  percent,  provide  the  following
     information as of  that date  and identify those  shares which  there is  a
     right to acquire.

     This Schedule was inadvertently not filed by February 14, of 1996 to report
     ownership levels  as of  December 31,  1995.   Ownership  levels  disclosed
     herein are as  of November  1, 1996.   Reporting Person  will file  another
     Schedule 13G  by February  14,  1997 to  disclose  ownership levels  as  of
     December 31, 1996.


(a)  Amount Beneficially Owned:    See Response to Item 9 on Cover Sheet

(b)  Percent of Class:   See Response to Item 11 on Cover Sheet

(c)  Number of shares as to which such person has:

     (i)   sole power to vote or to direct the vote:             0
     (ii)  shared power to vote or to direct the vote:                0
     (iii) sole power to dispose or to direct the disposition of:     0
     (iv)  shared power to dispose or to direct the disposition of:
           See response to Item 8 on Cover Sheet

Item 5.        Ownership of Five Percent or Less of a Class
     If this statement is  being filed to report  the fact that  as of the  date
     hereof the reporting person has ceased  to be the beneficial owner of  more
     than five percent of the class of securities, check the following:    Not
     Applicable.

Item 6.        Ownership of More than Five Percent on Behalf of Another Person.


     If any other person is known to have the right to receive  or the power to
     direct the receipt  of dividends from,  or the proceeds  from the sale  of,
     such securities, a statement to that effect should be included in  response
     to this item and, if such interest relates to more than five percent of the
     class, such person should be identified.  A listing of the shareholders  of
     an investment company registered under the  Investment Company Act of  1940
     or the beneficiaries of  employee benefit plan,  pension fund or  endowment
     fund is not required.

     Not applicable.

Item 7.        Identification and Classification of the Subsidiary Which

Acquired

     the Security Being Reported on By the Parent Holding Company


     If a parent holding company has filed this schedule, pursuant to Rule  13d-
     1(b)(ii)(G), so indicate under item 3(g) and attach an exhibit stating  the
     identity and the  Item 3 classification  of the relevant  subsidiary. If  a
     parent holding company has filed this  schedule pursuant to Rule  13d-1(c),
     attach an exhibit stating the identification of the relevant subsidiary.

     Not applicable.
Item 8.        Identification and Classification of Members of the Group


     If a group  has filed this  schedule pursuant to  Rule 13d-1(b)(ii)(H),  so
     indicate under Item  3(h) and attach  an exhibit stating  the identity  and
     Item 3 classification of  each member of  the group. If  a group has  filed
     this schedule  pursuant to  Rule 13d-1(c),  attach an  exhibit stating  the
     identity of each member of the group.

     Not applicable.

Item 9.        Notice of Dissolution of Group


     Notice of dissolution of a group may be furnished as an exhibit stating the
     date of  the dissolution  and  that all  further  filings with  respect  to
     transactions in the  security reported on  will be filed,  if required,  by
     members of the group, in their individual capacity. See Item 5.

     Not applicable.

Item 10. Certification


     The following certification  shall be included  if the  statement is  filed
     pursuant to Rule 13d-1(b):

     By signing below I certify  that, to the best  of my knowledge and  belief,
     the securities referred to  above were acquired in  the ordinary course  of
     business and were  not acquired  for the  purpose of  and do  not have  the
     effect of  changing  or influencing  the  control  of the  issuer  of  such
     securities and were not acquired in connection with or as a participant  in
     any transaction having such purposes or effect.
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.

Date:  December 4, 1996

Signature:



C. S. Sommer, Secretary
Ralston Purina Benefits Policy Board

                                                          i\sec\13g\96ralbpb.doc



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