UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, DC 20549

                                FORM 10-Q
(Mark one)
[X]  QUARTERLY EXCHANGE REPORT PURSUANT TO SECTION 13 OR 15(d) OF
     THE SECURITIES EXCHANGE ACT OF 1934
                                    
     For the quarterly period ended April 4, 1998
                      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         1-8120

                          BAIRNCO CORPORATION
         (Exact name of registrant as specified in its charter)

                Delaware                          13-3057520
       (State or other jurisdiction of           (IRS Employer
       incorporation or organization)         Identification No.)

       2251 Lucien Way, Suite 300, Maitland, FL            32751
       (Address of principal executive offices)          (Zip Code)

                               (407) 875-2222
          (Registrant's telephone number, including area code)

                                    
     (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

           (APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
               PROCEEDING DURING THE PRECEDING FIVE YEARS)
                                    
Indicate  by  check  mark whether the registrant  has  filed  all
documents and reports required to be filed by Sections 12, 13, or
15(d)  of the Securities Exchange Act of 1934 subsequent  to  the
distribution of securities under a plan confirmed by a court.
Yes       No

                 (APPLICABLE ONLY TO CORPORATE ISSUERS)
                                    
Indicate  the  number  of  shares outstanding  of  each  issuer's
classes of common stock, as of the latest practicable date.

8,793,509 shares of Common Stock Outstanding as of April 9, 1998.
                                    
                                    
"Safe Harbor" Statement under the Private Securities Reform Act of 1995

Certain of the statements contained in this Quarterly Report
(other  than  the  financial statements  and  statements  of
historical  fact), including, without limitation, statements
as  to  management expectations and beliefs presented  under
the   caption  "Management's  Discussion  and  Analysis   of
Financial Condition and Results of Operations", are forward-
looking  statements.   Forward-looking statements  are  made
based  upon  management's expectations and belief concerning
future  developments  and their potential  effect  upon  the
Corporation.   There  can  be  no  assurance   that   future
developments   will  be  in  accordance  with   management's
expectations  or  that the effect of future developments  on
the Corporation will be those anticipated by management.

The   Corporation  wishes  to  caution  readers   that   the
assumptions   which  form  the  basis  for   forward-looking
statements  with respect to or that may impact earnings  for
the year ended December 31, 1998 and thereafter include many
factors that are beyond the Corporation's ability to control
or   estimate   precisely.  These  risks  and  uncertainties
include,  but  are  not limited to, the  market  demand  and
acceptance  of the Corporation's existing and new  products,
the  impact  of competitive products, changes in the  market
for  raw  or  packaging  materials which  could  impact  the
Corporation's manufacturing costs, changes in  product  mix,
changes in the pricing of the products of the Corporation or
its  competitors,  the  loss of a  significant  customer  or
supplier, production delays or inefficiencies, the costs and
other  effects  of  complying with environmental  regulatory
requirements,  losses  due to natural  disasters  where  the
Corporation is self-insured, the costs and other effects  of
legal  and administrative cases and proceedings, settlements
and  investigations,  and changes  in  US  or  international
economic  or  political conditions,  such  as  inflation  or
fluctuations in interest or foreign exchange rates.

While   the  Corporation  periodically  reassesses  material
trends and uncertainties affecting the Corporation's results
of operations and financial condition in connection with its
preparation   of   management's  discussion   and   analysis
contained in its quarterly reports, the Corporation does not
intend  to  review or revise any particular  forward-looking
statement referenced herein in light of future events.


PART I - FINANCIAL INFORMATION

Item 1:   FINANCIAL STATEMENTS

<TABLE>
                                    
                  BAIRNCO CORPORATION AND SUBSIDIARIES
               CONSOLIDATED CONDENSED STATEMENTS OF INCOME
         FOR THE QUARTERS ENDED APRIL 4, 1998 AND MARCH 29, 1997
                               (Unaudited)
<CAPTION>
                                     1998          1997
<S>                                  <C>           <C> 
Net sales                            $42,125,000   $37,445,000
 Cost of sales                        28,442,000    24,465,000
Gross profit                          13,683,000    12,980,000
 Selling and administrative expenses   9,716,000     9,116,000
Operating profit                       3,967,000     3,864,000
 Interest expense, net                   481,000       415,000
Income before income taxes             3,486,000     3,449,000
 Provision for income taxes            1,290,000     1,276,000
Net income                           $ 2,196,000   $ 2,173,000

Basic earnings per share of 
 common stock (Note 2)               $      0.25   $      0.23

Diluted earnings per share of 
 common stock (Note 2)               $      0.24   $      0.23

Dividends per share of common stock  $      0.05   $      0.05




The accompanying notes are an integral part of these financial
statements.
</TABLE>
                                    
<TABLE>
                                    
                  BAIRNCO CORPORATION AND SUBSIDIARIES
             CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
         FOR THE QUARTERS ENDED APRIL 4, 1998 AND MARCH 29, 1997
                               (Unaudited)
                                 Note 3
<CAPTION>
                                            1998           1997
<S>                                         <C>            <C> 
Net income                                  $  2,196,000   $  2,173,000
Other comprehensive income, net of tax:
  Foreign currency translation adjustment        (74,000)      (468,000)
Comprehensive income                        $  2,122,000   $  1,705,000

                                    


The accompanying notes are an integral part of these financial
statements.
</TABLE>
                                    
<TABLE>
                                    
                  BAIRNCO CORPORATION AND SUBSIDIARIES
                  CONSOLIDATED CONDENSED BALANCE SHEETS
                AS OF APRIL 4, 1998 AND DECEMBER 31, 1997
<CAPTION>
                    
                                          (Unaudited)
                                          1998           1997
<S>                                       <C>            <C>
ASSETS
Current assets:
Cash and cash equivalents                 $    648,000   $  1,217,000
Accounts receivable, less allowances of
  $966,000 and $943,000, respectively       27,724,000     24,939,000
Inventories (Note 4)                        27,202,000     26,398,000
Deferred income taxes                        2,641,000      2,641,000
Other current assets                         2,809,000      2,748,000
       Total current assets                 61,024,000     57,943,000

Plant and equipment, at cost                91,179,000     89,870,000
Less - Accumulated depreciation and 
  amortization                             (51,191,000)   (49,957,000)
  Plant and equipment, net                  39,988,000     39,913,000
Cost in excess of net assets of purchased 
  businesses                                 7,549,000      7,607,000
Other assets                                 3,785,000      3,823,000
                                          $112,346,000   $109,286,000

LIABILITIES & STOCKHOLDERS' INVESTMENT
Current Liabilities:
Short-term debt                           $  6,594,000   $  3,018,000
Current maturities of long-term debt             4,000          9,000
Accounts payable                             9,773,000      8,661,000
Accrued expenses (Note 5)                    9,373,000     10,543,000
       Total current liabilities            25,744,000     22,231,000

Long-term debt                              27,294,000     27,291,000
Deferred income taxes                        4,102,000      4,098,000
Other liabilities                            3,191,000      3,197,000
Stockholders' Investment:
  Preferred stock, par value $.01, 
    5,000,000 shares authorized, 
    none issued                                    --             --
  Common stock, par value $.01, 
    30,000,000 shares authorized, 
    11,167,274 and 11,160,774 shares
    issued, respectively                       112,000        112,000
  Paid-in capital                           49,065,000     49,030,000
  Retained earnings                         24,551,000     22,802,000
  Accumulated other comprehensive 
    income (Note 3)                          1,498,000      1,572,000
  Treasury stock, at cost, 2,371,065 
    and 2,166,765 shares, respectively     (23,211,000)   (21,047,000)
       Total stockholders' investment       52,015,000     52,469,000
                                          $112,346,000   $109,286,000

The accompanying notes are an integral part of these financial
statements.
</TABLE>

<TABLE>
                  BAIRNCO CORPORATION AND SUBSIDIARIES
             CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
         FOR THE QUARTERS ENDED APRIL 4, 1998 AND MARCH 29, 1997
                               (Unaudited)
<CAPTION>
                                    
                                            1998           1997
<S>                                         <C>            <C>
Cash Flows from Operating Activities:
 Net Income                                 $ 2,196,000    $ 2,173,000
 Adjustments to reconcile to net cash
  provided by operating activities:                                
   Depreciation and amortization              1,704,000      1,672,000
   (Gain) on disposal of plant and
    equipment                                   (42,000)       (17,000)
   Deferred income taxes                          4,000        (10,000)
   Change in operating assets and   
    liabilities:
     (Increase) in accounts receivable       (2,866,000)    (2,992,000)
     (Increase) in inventories                 (879,000)    (1,766,000)
     (Increase) decrease in other 
      current assets                            (71,000)     1,331,000
     Increase in accounts payable             1,143,000      2,150,000
     (Decrease) in accrued expenses          (1,124,000)      (888,000)
   Other                                         55,000          7,000
 Net cash provided by operating activities      120,000      1,660,000
                                                    
Cash Flows from Investing Activities:
 Capital expenditures                        (1,775,000)    (1,589,000)
 Proceeds from collection on notes 
  receivable                                        --         307,000
 Proceeds from sale of plant and equipment       55,000         19,000
 Net cash (used in) investing activities     (1,720,000)    (1,263,000)

Cash Flows from Financing Activities:
 Net borrowings of external debt              3,602,000        483,000
 Payment of dividends                          (443,000)      (471,000)
 Purchase of treasury stock                  (2,164,000)      (601,000)
 Exercise of stock options                       35,000            --
 Net cash provided by (used in) financing
  activities                                  1,030,000       (589,000)
                
Effect of foreign currency exchange rate                 
 changes on cash and cash equivalents             1,000        (45,000)
                                                    
Net (decrease) in cash and cash equivalents    (569,000)      (237,000)
Cash and cash equivalents, beginning 
 of period                                    1,217,000        855,000
Cash and cash equivalents, end of period    $   648,000    $   618,000



The accompanying notes are an integral part of these financial
statements.
</TABLE>
                                    
                                    
                  BAIRNCO CORPORATION AND SUBSIDIARIES
          NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS
                              APRIL 4, 1998
                               (Unaudited)
                                    

(1) Basis of Presentation

The  accompanying  consolidated  condensed  financial  statements
include  the accounts of Bairnco Corporation and its subsidiaries
("Bairnco"  or  the "Corporation") after the elimination  of  all
material intercompany accounts and transactions.

The   unaudited   consolidated  condensed  financial   statements
included  herein  have been prepared pursuant to  the  rules  and
regulations  of the Securities and Exchange Commission.   Certain
information  and note disclosures which are normally included  in
annual financial statements prepared in accordance with generally
accepted  accounting  principles have been condensed  or  omitted
pursuant to those rules and regulations, although the Corporation
believes  that  the  disclosures made are adequate  to  make  the
information presented not misleading.

The  consolidated  results of operations for  the  quarter  ended
April  4, 1998, are not necessarily indicative of the results  of
operations for the full year.

Certain  reclassifications were made to prior  year  balances  in
order to conform to the current year presentation.


(2) Earnings per Common Share

The   Corporation  adopted  Statement  of  Financial   Accounting
Standards ("SFAS") No. 128 effective December 15, 1997, and as  a
result,  the Corporation's previously reported quarterly earnings
per common share for 1997 have been restated.  Earnings per share
data is based on net income and not comprehensive income.

Statements  regarding the computation of earnings per  share  for
the  quarters ended April 4, 1998 and March 29, 1997 are included
as Exhibit 11 to this Quarterly Report on Form 10-Q.


(3) Comprehensive Income

In  June  1997, the Financial Accounting Standards  Board  issued
Statement  of Financial Accounting Standards No. 130,  "Reporting
Comprehensive Income" ("SFAS 130"), which is effective for  years
beginning   after  December  15,  1997.   SFAS  130   established
standards  for reporting and display of comprehensive income  and
its  components  in  a  full  set  of  general-purpose  financial
statements.    This  statement  requires  that   all   items   of
comprehensive  income  are  classified  by  their  nature  in   a
financial  statement and that the accumulated  balance  of  other
comprehensive  income  be  displayed  separately  from   retained
earnings and additional paid-in capital in the equity section  of
a  statement of financial position.  The comparative prior period
financial  statements have been reclassified to  conform  to  the
current period presentation.

Comprehensive income includes net income as well as certain other
transactions  shown as changes in stockholders' investment.   For
Bairnco, comprehensive income includes net income plus the change
in  net  asset  values  of  foreign  divisions  as  a  result  of
translating the local currency values of net assets to US dollars
at  varying  exchange  rates.   Accumulated  other  comprehensive
income   consists   solely   of  foreign   currency   translation
adjustments.   There  are currently no tax expenses  or  benefits
associated with the foreign currency translation adjustments.


(4) Inventories

Inventories consisted of the following as of April 4, 1998 and
December 31, 1997:

                                         1998           1997

  Raw materials and supplies         $ 6,233,000    $ 5,646,000
  Work in process                      6,107,000      6,402,000
  Finished goods                      14,862,000     14,350,000
    Total inventories                $27,202,000    $26,398,000


(5) Accrued Expenses

Accrued expenses consisted of the following as of April 4, 1998
and December 31, 1997:

                                         1998           1997

  Salaries and wages                 $ 1,536,000    $ 2,353,000
  Income taxes                           440,000        139,000
  Insurance                            1,973,000      2,216,000
  Litigation                           1,156,000      1,461,000
  Other accrued expenses               4,268,000      4,374,000
    Total accrued expenses           $ 9,373,000    $10,543,000


(6) Contingencies

Bairnco  Corporation  and  its  subsidiaries  are  defendants  in
certain legal actions which are discussed more fully in Part  II,
Item 1 ("Legal Proceedings") of this filing.


Item 2:  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATIONS

The  following discussion should be read in conjunction with  the
accompanying  Consolidated  Condensed  Financial  Statements  and
related  notes and with Bairnco's Audited Consolidated  Financial
Statements  and  related notes for the year  ended  December  31,
1997.

Bairnco  Corporation is a diversified multinational company  that
operates two distinct businesses under the names Arlon and Kasco.

Engineered  materials  and components are designed,  manufactured
and sold under the Arlon brand identity to electronic, industrial
and  commercial  markets.  These products  are  based  on  common
technologies  in  coating, laminating,  polymers  and  dispersion
chemistry.   Arlon's principal products include high  performance
materials  for  the  printed circuit  board  industry,  cast  and
calendered  vinyl film systems, custom engineered  laminates  and
pressure  sensitive adhesive systems, and calendered and extruded
silicone  rubber  insulation products used in a  broad  range  of
industrial, consumer and commercial products.

Replacement   products   and  services   are   manufactured   and
distributed  under  the  Kasco name principally  to  retail  food
stores  and  meat, poultry and fish processing plants  throughout
the  United  States,  Canada and Europe.  The principal  products
include replacement band saw blades for cutting meat, fish,  wood
and metal, on site maintenance services and seasonings for ready-
to-cook foods for the retail food industry primarily in the  meat
and  deli departments.  Kasco also distributes equipment  to  the
food  industry in France. These products are sold under a  number
of  brand names including Kasco in the United States and  Canada,
Atlantic  Service in the United Kingdom, and Bertram &  Graf  and
Biro in Continental Europe.

Comparison of First Quarter 1998 to First Quarter 1997

Sales in the first quarter 1998 were $42,125,000, an increase  of
12.5% from $37,445,000 in 1997. The increase in the first quarter
sales was across all product groups.  Arlon sales increased 14.7%
led   by  the  improved  demand  for  the  products  serving  the
telecommunications    markets.    The   telecommunications    and
electronics markets remain volatile month to month.  Kasco  sales
increased 7.3% due to improved seasoning and route sales.

Gross  profit  increased 5.4% to $13,683,000 from $12,980,000  as
the  margin  contributions from increased  sales  were  partially
offset  by  manufacturing inefficiencies at  plants  serving  the
electronics  materials  and  replacement  products  markets.   In
addition, costs associated with a four week shutdown for a  major
equipment  upgrade  also contributed to the lower  margins.   The
gross profit margin as a percent of sales decreased from 34.7% to
32.5%.

Selling  and administrative expenses increased 6.6% to $9,716,000
from $9,116,000 consistent with the planned strengthening of  the
sales  force and the continuing investment in the development  of
new  products and information system upgrades.  As a  percent  of
sales, selling and administrative expenses were reduced to  23.1%
from 24.3%.

Interest  expense increased to $481,000 in 1998  as  compared  to
$415,000 in 1997 due primarily to higher average borrowings.

The effective tax rate for the first quarter of 1998 and 1997 was
37%.  The provision for income taxes in both periods includes all
applicable federal, state, local and foreign income taxes.

Net  income  was flat at $2,196,000 as compared to $2,173,000  in
the  first  quarter of 1997.  Diluted earnings per  common  share
increased  4.3%  to  $.24 from $.23 as a result  of  the  reduced
number of shares outstanding.


Liquidity and Capital Resources

At  April  4, 1998, Bairnco had working capital of $35.3  million
compared to $35.7 million at December 31, 1997.  The increase  in
accounts  receivable  relates primarily to  the  increased  sales
activity during the first quarter of 1998 over that of the fourth
quarter  1997.  Accrued expenses are down from December 31,  1997
as 1997 bonuses were paid out during the first quarter 1998.

During  the first quarter 1998, the Board of Directors authorized
an   additional  $5,000,000  to  be  available  for  the  ongoing
repurchase  of Bairnco's common stock.  The Board has  authorized
management  to continue its stock repurchase program  subject  to
market  conditions  and  capital requirements  of  the  business.
During  the first quarter Bairnco repurchased 204,300  shares  of
its common stock at a total cost of $2,164,000.

At   April   4,  1998,  Bairnco's  total  debt  outstanding   was
$33,892,000  compared to $30,318,000 at the end  of  1997.   This
increase was primarily due to the stock repurchases.  At April 4,
1998  approximately  $15.7 million was  available  for  borrowing
under   the  Corporation's  secured  reducing  revolving   credit
agreement,  as amended.  In addition, approximately $1.2  million
was  available  under  various short-term  domestic  and  foreign
uncommitted credit facilities.

Bairnco  made  approximately $1.8 million of capital expenditures
during  the  first  quarter of 1998. Total  capital  expenditures
planned   for  1998  are  approximately  $12  million  of   which
approximately  $3.0 million are for additional capacity  and  are
contingent upon the growth being realized.

Cash  provided by operating activities plus the amounts available
under   the  existing  credit  facilities  are  expected  to   be
sufficient to fulfill Bairnco's anticipated cash requirements  in
1998.

Other Matters

Bairnco  Corporation  and its subsidiaries are  defendants  in  a
number  of  legal actions and proceedings which are discussed  in
more  detail  in  Part II, Item 1 ("Legal Proceedings")  of  this
filing.   Management of Bairnco believes that the disposition  of
these  actions  and proceedings will not have a material  adverse
effect on the consolidated results of operations or the financial
position of Bairnco Corporation and its subsidiaries as of  April
4, 1998.

Outlook

Management  is  not  aware  of  any  adverse  trends  that  would
materially  affect  the Corporation's strong financial  position.
It  is  expected  that  1998 will be another  year  of  continued
improvement.


PART II - OTHER INFORMATION

Item 1:  LEGAL PROCEEDINGS

Bairnco  has  been named as a defendant in a number  of  personal
injury  and  wrongful death cases in which  it  is  alleged  that
Bairnco  is  derivatively liable for the asbestos-related  claims
against  its former subsidiary, Keene Corporation ("Keene").   On
December 6, 1993, Keene filed for protection under Chapter 11  of
the  Bankruptcy  Code.   On June 8, 1995,  the  Keene  Creditors'
Committee  commenced an adversary proceeding  in  the  Bankruptcy
Court  against Bairnco, its subsidiaries, certain of its  present
and  former officers and directors, and others alleging that  the
transfer  of  assets for value by Keene to other subsidiaries  of
Bairnco,  and  the  spin-offs of certain  other  subsidiaries  by
Bairnco,  were  fraudulent and otherwise violative  of  law  (the
"Transactions Lawsuit") and seeking compensatory damages of  $700
million,  plus interest and punitive damages.  The  complaint  in
the  Transactions Lawsuit includes a count under the  civil  RICO
statute,  18  U.S.C. Section 1964, pursuant to which compensatory
damages are trebled.

Bairnco  also  is  the defendant in a separate action  originally
brought  by Keene in the United States Bankruptcy Court  for  the
Southern District of New York in which Keene sought the exclusive
benefit of tax refunds attributable to the carryback by Keene  of
certain  net  operating  losses ("NOL Refunds"),  notwithstanding
certain  provisions of tax sharing agreements between  Keene  and
Bairnco  (the  "NOL Lawsuit").  (After filing  the  NOL  Lawsuit,
Keene  ceded  control of the action to the Creditors' Committee.)
Pending  resolution  of  the NOL Lawsuit,  any  refunds  actually
received  are  to be placed in escrow.  Through  April  4,  1998,
approximately $28.5 million of NOL Refunds had been received  and
placed  in  escrow.   There can be no assurance  whatsoever  that
resolution of the NOL Lawsuit will result in the release  of  any
portion of the NOL Refunds to Bairnco.

Keene's  plan of reorganization was approved and became effective
on  July  31,  1996.  The plan, as approved, creates a  Creditors
Trust  that has succeeded to all of Keene's asbestos liabilities,
and  also  has  succeeded  to the right  to  prosecute  both  the
Transactions Lawsuit and the NOL Lawsuit. The plan also  includes
a  permanent injunction under which only the Creditors Trust, and
no  other  entity, can sue Bairnco in connection with the  claims
asserted in these lawsuits.

By  order  entered April 10, 1997, the Transactions  Lawsuit  was
transferred  from  the  Bankruptcy Court  to  the  United  States
District  Court for the Southern District of New York,  where  it
will  be litigated.  On September 15, 1997, Bairnco and other
defendants filed motions to dismiss  the
complaint  for  failure to state a claim as well as  motions  for
summary  judgment  on  the grounds that the  complaint  is  time-
barred.   Briefing on these motions is complete. On  February  6,
1998, the court issued an opinion granting the motions to dismiss
four  of  the defendants in the Transactions Lawsuit.  The  court
reserved decision on the other defendants' motions.  There can be
no  assurance that the remaining motions will result in dismissal
of the Transactions Lawsuit or any part thereof.

On  January 6, 1998, the Creditors Trust filed a motion, to which
Bairnco  consented, to have the NOL Lawsuit transferred from  the
Bankruptcy Court to the District Court.  That motion is pending.

Management believes that Bairnco has meritorious defenses to  all
claims or liability purportedly derived from Keene and that it is
not liable, as an alter ego, successor, fraudulent transferee  or
otherwise, for the asbestos-related claims against Keene or  with
respect to Keene products.

Bairnco  Corporation  and its subsidiaries are  defendants  in  a
number of other actions. Management of Bairnco believes that  the
disposition  of these other actions, as well as the  actions  and
proceedings  described above, will not have  a  material  adverse
effect on the consolidated results of operations or the financial
position of Bairnco Corporation and its subsidiaries as of  April
4, 1998.


Item 2:  CHANGES IN SECURITIES AND USE OF PROCEEDS

         None.

Item 3:  DEFAULTS UPON SENIOR SECURITIES

         None.

Item 4:  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

There  were  no  matters submitted to a vote of security  holders
during  the  first  quarter  of  1998.   The  annual  meeting  of
stockholders  of Bairnco was held in Maitland, Florida  on  April
24, 1998.  Stockholders ratified management's selection of Arthur
Andersen LLP as auditors for Bairnco for the 1998 fiscal year and
elected  all  nominees to the Board of Directors.  The  following
table sets forth the results of votes:

                                                               Votes Against
                                            Votes For          or Withheld
a.  Votes on Ratification of Management's
    selection of Auditors:

    Arthur Andersen LLP                     8,061,898            31,607

b.  Votes on Election of Directors:

    Luke E. Fichthorn III                   8,065,144            28,361
    Charles T. Foley                        8,067,214            26,291
    Richard A. Shantz                       8,064,860            28,645
    William F. Yelverton                    8,066,014            27,491


Item 5:  OTHER INFORMATION

         None.

Item 6(a):  EXHIBITS

Exhibit 11 - Calculation of Basic and Diluted Earnings per Share for 
             the Quarters ended April 4, 1998 and March 29, 1997.









                               SIGNATURES



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



                                              BAIRNCO CORPORATION
                                                     (Registrant)






                                          /s/ J. Robert Wilkinson
                                              J. Robert Wilkinson
                             Vice President Finance and Treasurer
                                        (Chief Financial Officer)

DATE:  May 7, 1998

















                                EXHIBITS
                                    
                              TO FORM 10-Q
                                    
                            FOR QUARTER ENDED
                                    
                              April 4, 1998