U.S. SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, D.C.  20549

                            FORM 10-Q

        QUARTERLY REPORT PURSUANT TO SECTION 13 or 15 (d)
              OF THE SECURITIES EXCHANGE ACT OF 1934



For Quarter Ended    January 31, 1996      Commission File Number  1-566      


                      GREIF BROS.CORPORATION
                                                                  
                 
      (Exact name of registrant as specified in its charter)


                   Delaware                       31-4388903      
     
                                                                  
        (State or other jurisdiction of       (I.R.S. Employer
         incorporation or organization)        Identification No.)


            621 Pennsylvania Avenue, Delaware, Ohio         43015
                                                                  
                 
            (Address of principal executive offices)       (Zip Code)


Registrant's telephone number, including area code           614-363-1271       
                                                                  
                 


                          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
(or for such shorter period that the registrant was required to
file such reports), 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 close of the period covered by
this report:

             Class A Common Stock  10,873,172 shares
             Class B Common Stock  12,001,793 shares