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  April 30, 1997   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