FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION ______________________
WASHINGTON, D.C. 20549 | OMB APPROVAL |
INITIAL STATEMENT OF |_____________________ |
BENEFICIAL OWNERSHIP OF SECURITIES |OMB NUMBER: 3235- 0104|
|EXPIRES: |
| SEPTEMBER 30, 1998 |
Filed pursuant to Section 16(a) of the |ESTIMATED AVERAGE |
Securities Exchange Act of 1934, |BURDEN HOURS |
Section 17(a) of the Public Utility |PER RESPONSE 0.5 |
Holding Company Act of 1935 |______________________|
or Section 30(f) of the Investment
Company Act of 1940
____________________________________________________________________________
1. Name and Address of Reporting Person
CONSOL Inc.
____________________________________________________________________________
(Last) (First) (Middle)
1800 Washington Road
____________________________________________________________________________
(Street)
Pittsburgh, PA 15241-1421
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(City) (State) (Zip)
____________________________________________________________________________
2. Date of Event Requiring Statement (Month/Day/Year)
May 28, 1998
____________________________________________________________________________
3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY)
____________________________________________________________________________
4. Issuer Name and Ticker or Trading Symbol
Rochester & Pittsburgh Coal Company (RPTC)
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5. RELATIONSHIP OF REPORTING PERSON(S) TO ISSUER (CHECK ALL APPLICABLE)
( ) DIRECTOR
( ) 10% OWNER
( ) OFFICER (GIVE TITLE BELOW)
(X ) OTHER (SPECIFY TITLE BELOW)
Option Holder
____________________________________________________________________________
6. IF AMENDMENT, DATE OF ORIGINAL (MONTH/DAY/YEAR)
____________________________________________________________________________
7. INDIVIDUAL OR JOINT/GROUP FILING (CHECK APPLICABLE LINE)
___FORM FILED BY ONE REPORTING PERSON
X FORM FILED BY MORE THAN ONE REPORTING PERSON
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TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
____________________________________________________________________________
|1. TITLE OF SECURITY|2. AMOUNT OF |3. OWNERSHIP |4. NATURE OF INDIRECT |
| (INSTR. 4) | SECURITIES | FORM DIRECT| BENEFICIAL OWNERSHIP|
| | BENEFICIALLY| DIRECT (D) | (INSTR. 5) |
| | OWNED | OR INDIRECT| |
| | (INSTR. 4) | (I) (INSTR.| |
| | | 5) | |
|____________________|_______________|______________|_______________________
[TYPE ENTRIES HERE]
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security (Instr. 4)
Option to purchase common stock
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2. Date Exercisable and Expiration Date (Month/Day/Year)
May 28,1998 September 30, 1998
Date Exercisable Expiration Date
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3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
Common Stock 1,741,705
Title Amount of Number of Shares
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4. Conversion or Exercise Price of Derivative Security
$43.50
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5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)(Instr. 5)
D
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6. Nature of Indirect Beneficial Ownership (Instr. 5)
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EXPLANATION OF RESPONSES:
In connection with an Agreement and Plan of Merger, dated as of May
28, 1998, among Rochester & Pittsburgh Coal Company (the "Company"), CONSOL
Commonwealth Inc. ("Merger Sub"), and CONSOL Inc. ("CONSOL"), CONSOL and
certain stockholders of the Company have entered into a Stockholders
Agreement, dated as of May 28, 1998 (the "Stockholders Agreement"),
providing for the options reported herein. The stockholders owning a
majority interest in the Company have agreed to grant an irrevocable proxy
to certain officers of CONSOL and to give CONSOL irrevocable options to
purchase all shares owned by such stockholders. Delivery of shares upon
exercise of such options is subject to satisfaction of certain conditions.
E. I. du Pont de Nemours and Company ("DuPont") and Rheinbraun AG
("Rheinbraun") are indirect beneficial owners of the option shares through
their relationship with CONSOL. DuPont and Rheinbraun each beneficially
own 50% of the shares of CONSOL.
CONSOL INC.
By: /s/ Michael F. Nemser
--------------------------
Michael F. Nemser
Senior Vice President June 8, 1998
** SIGNATURE OF REPORTING PERSON DATE
___________________________
** INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS.
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A).
NOTE: FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY SIGNED.
IF SPACE PROVIDED IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CURRENTLY VALID OMB NUMBER.
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Joint Filers
1. Name and Address of Reporting Persons
CONSOL Energy Inc.
300 Delaware Avenue
Wilmington, Delaware 19801
E. I. du Pont de Nemours and Company
1007 Market Street
Wilmington, Delaware 19898
DuPont Energy Company
1007 Market Street
Wilmington, Delaware 19898
Rheinbraun Aktiengesellschaft
Stuttgenweg 2
D-5000 KOEln 41
Federal Republic of Germany
Table II - Derivative Securities Beneficially Owned
5. Ownership Form of Derivative Security
I
6. Nature of Indirect Beneficial Ownership
By CONSOL Inc., as affiliate
SIGNATURE
CONSOL ENERGY INC.
By: /s/ Michael F. Nemser
---------------------------------
Michael F. Nemser June 8, 1998
** SIGNATURE OF REPORTING PERSON DATE
E. I. DU PONT DE NEMOURS AND COMPANY
By: /s/ John C. Sargent
---------------------------------
John C. Sargent June 12, 1998
** SIGNATURE OR REPORTING PERSON DATE
DUPONT ENERGY COMPANY
By: /s/ Charles L. Downing
---------------------------------
Charles L. Downing June 12, 1998
** SIGNATURE OF REPORTING PERSON DATE
RHEINBRAUN AG
By: /s/ ppa. Rolf Zimmerman
--------------------------------
By: /s/ i. V. Frohling
---------------------------------
--------------------------------- June 8, 1998
** SIGNATURE OF REPORTING PERSON DATE
** INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS.
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A).