DIMON INC
10-Q/A, 1998-06-26
FARM PRODUCT RAW MATERIALS
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                                                  Page 1 of 35
                                                  Page 29 - Exhibit Index


                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.  20549

                                 _____________

                                   FORM 10-Q

             [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934

                 For the quarterly period ended March 31, 1997

                                      OR

            [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the transition period from_____to_____

                    Commission file number 0-25734; 1-13684

                              DIMON INCORPORATED
            (Exact name of registrant as specified in its charter)

         VIRGINIA                                         54-1746567
(State or other jurisdiction                           (I.R.S. Employer
 of incorporation or organization)                    Identification No.)

 512 Bridge Street, Danville, Virginia                      24541
(Address of principal executive offices)                  Zip Code)


   Registrant's telephone number, including area code (804) 792-7511

                               Not Applicable
                (Former name, former address and former fiscal
                     year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months, and (2) has been subject to such
filing requirements for the past 90 days.

          Yes [X]                                     No [ ]

Indicate the number of shares outstanding of each of the issuer's classes
of common stock, as of the latest practicable date.
                                                   Outstanding at
    Class of Common Stock                            May 7, 1997
       NO par value                                  44,211,969
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                                  SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this amendment to be signed on its behalf
by the undersigned thereunto duly authorized.

                                      DIMON INCORPORATED


                                      /s/ Jerry L. Parker
Date June 26, 1998                    Jerry L. Parker
                                      Vice President - Controller
                                      (Principal Accounting Officer)


- -2-
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<TABLE> <S> <C>

<ARTICLE>                                                            5
<MULTIPLIER>                                                     1,000
<PERIOD-TYPE>                                                    9-MOS
<FISCAL-YEAR-END>                                          JUN-30-1997
<PERIOD-START>                                             JUL-01-1996
<PERIOD-END>                                               MAR-31-1997
<CASH>                                                          35,575
<SECURITIES>                                                         0
<RECEIVABLES>                                                  213,461
<ALLOWANCES>                                                    (5,277)
<INVENTORY>                                                    336,498
<CURRENT-ASSETS>                                               707,150
<PP&E>                                                         339,890
<DEPRECIATION>                                                (112,296)
<TOTAL-ASSETS>                                               1,059,561
<CURRENT-LIABILITIES>                                          253,671
<BONDS>                                                        391,436
<COMMON>                                                       138,762
                                                          0
                                                0
<OTHER-SE>                                                     209,343
<TOTAL-LIABILITY-AND-EQUITY>                                 1,059,561
<SALES>                                                      1,850,221
<TOTAL-REVENUES>                                             1,850,221
<CGS>                                                        1,645,054
<TOTAL-COSTS>                                                1,645,054
<OTHER-EXPENSES>                                                     0
<LOSS-PROVISION>                                                   808
<INTEREST-EXPENSE>                                              30,614
<INCOME-PRETAX>                                                 83,346
<INCOME-TAX>                                                    32,780
<INCOME-CONTINUING>                                             51,143
<DISCONTINUED>                                                       0
<EXTRAORDINARY>                                                      0
<CHANGES>                                                            0
<NET-INCOME>                                                    51,143
<EPS-PRIMARY>                                                     1.21
<EPS-DILUTED>                                                     1.20

</TABLE>


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