Exhibit 11
Page 1
OIL-DRI CORPORATION OF AMERICA
Computation of Weighted Average Number
of Shares Outstanding
Average
Shares-
(Weighted
Number Number of Shares)Number
of Shares Weighted of Days
Quarter End Period Days Outstanding Shares As Adjusted
April 30, 1996 02/01/96 to 33 6,812,922 224,826,426
03/04/96
03/05/96 to 2 6,809,422 13,618,844
03/06/96
03/07/96 to 12 6,802,922 81,635,064
03/18/96
03/19/96 to 43 6,796,122 292,233,246
04/30/96
90 612,313,580 6,803,484
0
6,803,484
Quarter Ended
April 30, 1995 02/01/95 to 28 6,949,822 194,595,016
02/28/95
03/01/95 to 1 6,946,922 6,946,922
03/01/95
03/02/95 to 1 6,945,922 6,945,922
03/02/95
03/03/95 to 3 6,943,922 20,831,766
03/05/95
03/06/95 to 1 6,942,722 6,942,722
03/06/95
03/07/95 to 1 6,936,522 6,936,522
03/07/95
03/08/95 to 2 6,934,822 13,869,644
03/09/95
03/10/95 to 4 6,932,822 27,731,288
03/13/95
03/14/95 to 1 6,932,322 6,932,322
03/14/95
03/15/95 to 1 6,931,322 6,931,322
03/15/95
03/16/95 to 4 6,929,822 27,719,288
03/19/95
03/20/95 to 1 6,928,822 6,928,822
03/20/95
03/21/95 to 1 6,928,322 6,928,322
03/21/95
03/22/95 to 1 6,927,822 6,927,822
03/22/95
03/23/95 to 1 6,927,322 6,927,322
03/23/95
03/24/95 to 3 6,911,322 20,733,966
03/26/95
03/27/95 to 35 6,901,322 241,546,270
04/30/95
89 616,375,258 6,925,565
3,358
6,928,923
Nine Months Ended
April 30, 1996 08/01/95 to 8 6,901,322 55,210,578
08/08/95
08/09/95 to 63 6,841,322 431,003,286
10/10/95
10/11/95 to 1 6,814,922 6,814,922
10/11/95
10/12/95 to 145 6,812,922 987,873,690
03/04/06
03/05/06 to 2 6,809,422 13,618,844
03/06/06
03/07/96 to 12 6,802,922 81,635,064
03/18/96
03/19/96 to 43 6,796,122 292,233,246
04/30/96
273 1,868,389,630 6,818,940
0
6,818,940
Nine Months Ended
April 30, 1995 08/01/94 to 8 6,951,822 55,614,576
08/08/94
08/09/95 to 204 6,949,822 1,417,763,688
02/28/95
12/01/94 to 90 6,949,822 625,483,980
02/28/95
03/01/95 to 1 6,946,922 6,946,922
03/01/95
03/02/95 to 1 6,945,922 6,945,922
03/02/95
03/03/95 to 3 6,943,922 20,831,766
03/95/95
03/06/95 to 1 6,942,722 6,942,722
03/06/95
03/07/95 to 1 6,936,522 6,936,522
03/07/95
03/08/95 to 2 6,934,822 13,869,644
03/09/95
03/10/95 to 4 6,932,822 27,731,288
03/13/95
03/14/95 to 1 6,932,322 6,932,322
03/14/95
03/15/95 to 1 6,931,322 6,931,322
03/15/95
03/16/95 to 4 6,929,822 27,719,288
03/19/95
03/20/95 to 1 6,928,822 6,928,822
03/20/95
03/21/95 to 1 6,928,322 6,928,322
03/21/95
03/22/95 to 1 6,927,822 6,927,822
03/22/95
03/23/95 to 1 6,927,322 6,927,322
03/23/95
03/24/95 to 3 6,911,322 20,733,966
03/26/95
03/27/95 to 30 6,901,322 241,546,270
04/30/95
273 1,895,158,506 6,941,973
Assuming exercise of options reduced by the number of shares
which could have been purchased with the proceeds from exercise
of such options.
5,736
6,947,709