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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000902664-98-000069.txt : 19980218
<SEC-HEADER>0000902664-98-000069.hdr.sgml : 19980218
ACCESSION NUMBER:		0000902664-98-000069
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980213
SROS:			BSE

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			URANIUM RESOURCES INC /DE/
		CENTRAL INDEX KEY:			0000839470
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-METALS, MINERALS (NO PETROLEUM) [5050]
		IRS NUMBER:				752212772
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		
		SEC FILE NUMBER:	005-40754
		FILM NUMBER:		98538863

	BUSINESS ADDRESS:	
		STREET 1:		12750 MERIT DRIVE
		STREET 2:		SUITE 1210
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75251
		BUSINESS PHONE:		2143877777

	MAIL ADDRESS:	
		STREET 1:		12750 MERIT DRIVE
		STREET 2:		SUITE 1210
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75251

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LEVIN JOHN A & CO INC /NY/
		CENTRAL INDEX KEY:			0000811349
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		IRS NUMBER:				133134273
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		ONE ROCKFELLER PLZ 25TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

	MAIL ADDRESS:	
		STREET 1:		ONE ROCKEFELLER PLZ
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<TEXT>

                                    UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
                                  ________________

                                    SCHEDULE 13G
                                  ________________

               INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                      UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                 (AMENDMENT NO.1)*

                               Uranium Resources, Inc.
                                  (NAME OF ISSUER)

                          Common Stock, $0.001 par value
                           (TITLE OF CLASS OF SECURITIES)

                                     916901 30 9
                                   (CUSIP NUMBER)

__________________

*     The remainder of this cover page shall be filled out for a reporting
      person's initial filing on this form with respect to the subject class
      of securities, and for any subsequent amendment containing information
      which would alter the disclosures provided in a prior cover page.

      The information required in the remainder of this cover page shall not
      be deemed to be "filed" for the purpose of Section 18 of the Securities
      Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
      that section of the Act but shall be subject to all other provisions of
      the Act (however, see the Notes).

                                 PAGE 1 OF 7 PAGES 
                                       <PAGE


                                         13G

CUSIP No.  916901 30 9
_____________________________________________________________________________
     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. 
          OF ABOVE PERSON 
           John A. Levin & Co., Inc.
           13-3134273
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 

_____________________________________________________________________________
     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
           Delaware
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                       39,300
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                       - 0 -
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                       39,300

REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                       594,600
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
           633,900
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES **                          [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED 
          BY AMOUNT IN ROW (9)     
           5.3%      
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON **
           IA
_____________________________________________________________________________
                       ** SEE INSTRUCTIONS BEFORE FILLING OUT!
                                  PAGE 2 OF 7 PAGES
                                       <PAGE


                                         13G

CUSIP No.  916901 30 9
_____________________________________________________________________________
     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. 
          OF ABOVE PERSON 
           Baker Fentress & Company
           36-0767530
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 

_____________________________________________________________________________
     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
           Delaware
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                       39,300
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                       - 0 -
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                       39,300

REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                       594,600
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
           633,900
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES **                          [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED 
          BY AMOUNT IN ROW (9)     
           5.3%      
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON **
           IC
_____________________________________________________________________________
                       ** SEE INSTRUCTIONS BEFORE FILLING OUT!
                                  PAGE 3 OF 7 PAGES
                                       <PAGE



          Amendment No. 1 to the Schedule 13G of John A. Levin & Co., Inc. 
"Levin & Co.") and Baker, Fentress & Company ("Baker Fentress") with respect to
the Common Stock, $0.001 par value (the "Common Stock") of Uranium Resources, 
Inc.


ITEM 1(a)    NAME OF ISSUER:
             Uranium Resources, Inc. (the "Company")

ITEM 1(b)    ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
             12750 Merit Drive, Dallas, Texas  75251

ITEM 2(a)    NAME OF PERSON FILING:
             John A. Levin & Co., Inc. ("Levin & Co.")
             Baker, Fentress & Company ("Baker Fentress")

ITEM 2(b)    ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
             John A. Levin & Co., Inc.         Baker, Fentress & Company
             One Rockefeller Plaza             200 West Madison Street
             New York, New York  10020         Chicago, Illinois  60606

ITEM 2(c)    CITIZENSHIP:
             Levin & Co. and Baker Fentress are each corporations organized
             under the laws of the State of Delaware.  

ITEM 2(d)    TITLE OF CLASS OF SECURITIES:
             Common Stock, $0.001 par value (the "Common Stock").

ITEM 2(e)    CUSIP NUMBER:
             916901 30 9

ITEM 3.      IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B),
             OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
             (a)   (   )  Broker or Dealer registered under Section 15 of the
                          Securities Exchange Act of 1934 (the "Act")
             (b)   (   )  Bank as defined in Section 3(a)(6) of the Act
             (c)   (   )  Insurance Company as defined in Section 3(a)(19) of
                          the Act
             (d)   ( X )  Investment Company registered under Section 8 of the
                          Investment Company Act of 1940
             (e)   ( X )  Investment Adviser registered under Section 203 of
                          the Investment Advisers Act of 1940
             (f)   (   )  Employee Benefit Plan, Pension Fund which is subject
                          to the provisions of the Employee Retirement Income
                          Security Act of 1974 or Endowment Fund; see Sec. 
                          240.13d-1(b)(1)(ii)(F)
             (g)   (   )  Parent Holding Company, in accordance with Sec. 
                          240.13d-1(b)(ii)(G) (Note: See item 7)
             (h)   (   )  Group, in accordance with Sec. 240.13d-
                          1(b)(1)(ii)(H)

                                  PAGE 4 OF 7 PAGES
                                       <PAGE


ITEM 4.      OWNERSHIP.
             (a)   Amount Beneficially Owned:
                   633,900

             (b)   Percentage of Class:
                   5.3% (based on the 12,053,027 shares of Common Stock
                   reported to be outstanding as of November 10, 1997, as
                   reflected in the Company's Form 10-Q for the quarter ended
                   September 30, 1997.)

             (c)   Number of shares as to which such person has:
                 (i)  sole power to vote:
                      39,300

                 (ii) shared power to vote or to direct the vote:
                      - 0 -

                 (iii)sole power to dispose or to direct the disposition of:
                      39,300

                 (iv) shared power to dispose or to direct the disposition of:
                      594,600

          Levin & Co., an investment adviser registered under Section 203 of
          the Investment Advisers Act of 1940, as amended, holds for the 
          accounts of its investment advisory clients, and thereby 
          beneficially owns, within the meaning of Rule 13d-3 under the 
          Securities Exchange Act of 1934, the foregoing shares of Common
          Stock.  Baker Fentress & Company ("Baker Fentress"), a Delaware 
          corporation and an investment company registered under the 
          Investment Company Act of 1940, as amended, is the sole shareholder
          of Levin Management Co., Inc., a Delaware corporation ("Levin
          Management"), which is the sole shareholder of Levin & Co.  Baker
          Fentress, therefore, may be deemed the beneficial owner of the 
          shares of Common Stock held by Levin & Co.  

ITEM 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

          Not applicable.

ITEM 6.   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

          This Schedule 13G is filed by Levin & Co. and Baker Fentress with
          respect to Common Stock purchased by Levin & Co. on behalf of 
          Levin & Co.'s investment advisory clients.  Each such client has
          the right to receive or the power to direct the receipt of 
          dividends from, or the proceeds from the sale of, the securities 
          held in such person's account.  No such client has any of the 
          foregoing rights with respect to more than five percent of the class
          of securities identified in Item 2(d).  There is no agreement or
          understanding among such persons to act together for the purpose of
          acquiring, holding, voting or disposing of any such securities.

                                  PAGE 5 OF 7 PAGES
                                       <PAGE>

ITEM 7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
          THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
          Not applicable.

ITEM 8.   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
          Not applicable.

ITEM 9.   NOTICE OF DISSOLUTION OF GROUP
          Not applicable.

                                  PAGE 6 OF 7 PAGES
                                       <PAGE>



ITEM 10.  CERTIFICATION.  (if filing pursuant to Rule 13d-1(b))

          By signing below, Levin & Co. and Baker Fentress
          certify that, to the best of their knowledge and belief, the
          securities referred to above were acquired in the ordinary course
          of business, were not acquired for the purpose of and do not have
          the effect of changing or influencing the control of the issuer
          of such securities and were not acquired in connection with or as
          a participant in any transaction having such purposes or effect.

                            SIGNATURE

             After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.

Dated:  February 13, 1998

                                JOHN A. LEVIN & CO., INC.

                                /s/ John A. Levin
                                ---------------------------
                                John A. Levin
                                President

                                BAKER FENTRESS & COMPANY

                                /s/ John A. Levin
                                ---------------------------
                                John A. Levin
                                President




                                  PAGE 7 OF 7 PAGES
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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