SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 9)*
AVONDALE INDUSTRIES, INC.
(Name of Issuer)
Common Stock, $1.00 par value
(Title of Class of Securities)
054350-10-3
(CUSIP Number)
*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 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 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).
CUSIP No. 054350-10-3
- -----------------------------------------------------------------
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Administrative Committee of the Avondale Industries,
Inc.
Employee Stock Ownership Plan
I.R.S. Identification No. 72-109829P
- -----------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) _____
(b) _____
Not Applicable
- -----------------------------------------------------------------
3) SEC Use only
- -----------------------------------------------------------------
4) Citizenship or Place of Organization - Louisiana
- -----------------------------------------------------------------
Number of
Shares Bene- 5) Sole Voting Power 30,956
ficially ---------------------------------------------
Owned by
Each Reporting 6) Shared Voting Power N/A
Person ---------------------------------------------
With
7) Sole Dispositive Power 2,835,131
---------------------------------------------
8) Shared Dispositive Power N/A
- -----------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each
Reporting Person 2,835,131
- -----------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions) N/A
- -----------------------------------------------------------------
11) Percent of Class Represented by Amount
in Row 9 19.56%
- -----------------------------------------------------------------
12) Type of Reporting Person (See Instructions) EP
- -----------------------------------------------------------------
Item 1(a). Name of Issuer:
Avondale Industries, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
5100 River Road
Avondale, Louisiana 70094
Item 2(a). Name of Person Filing:
Administrative Committee of Avondale
Industries, Inc. Employee Stock Ownership Plan
Item 2(b). Address of Principal Business Office:
5100 River Road
Avondale, Louisiana 70094
Item 2(c). Citizenship:
Louisiana
Item 2(d). Title of Class of Securities:
Common Stock, $1.00 par value per share
Item 2(e). CUSIP Number:
054350-10-3
Item 3. Statement Filed Pursuant to Rules 13d-1(b) or
13d-2(b):
Not Applicable
Item 4. Ownership:
(a) Amount Beneficially Owned 2,835,131
(b) Percent of class 19.56%
(c) Number of shares as to which such person has:
(i) sole power to vote or to
direct the vote 30,956
(ii) shared power to vote or to
direct the vote N/A
(iii) sole power to dispose or to
direct the disposition of 2,835,131
(iv) shared power to dispose or to
direct the disposition of N/A
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:
Dividends paid on shares allocated to the
accounts of participants in the Avondale Industries,
Inc. Employee Stock Ownership Plan are credited to
those accounts or paid directly to participants in the
discretion of the Administrative Committee.
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:
By signing below we certify that, to the best
of our 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 our knowledge
and belief, we certify that the information set forth in this
statement is true, complete and correct as of December 31, 1997.
Administrative Committee of
February 13, 1998 Avondale Industries, Inc.
----------------------- Employee Stock Ownership Plan
DATE
/s/ R. Dean Church
------------------------
R. Dean Church, Chairman
/s/ Blanche Barlotta
------------------------
Blanche Barlotta, Member
/s/ Rodney J. Duhon, Jr.
------------------------
Rodney J. Duhon, Jr., Member
/s/ Ernest F. Griffin, Jr.
--------------------------
Ernest F. Griffin, Jr., Member
/s/ Eugene E. Blanchard, Jr.
----------------------------
Eugene E. Blanchard, Jr., Member
