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)*

                       Federal Mogul Corp.
                        (NAME OF ISSUER)

                  Common Stock, $5.00 par value
                 (TITLE OF CLASS OF SECURITIES)

                           313549 10 7
                         (CUSIP NUMBER)


Check the following box if a fee is being paid with this
statement.                                                   [ ] 

(A fee is not required only if the filing person:  (1) has a
previous statement on file reporting beneficial ownership of more
than five percent of the class of securities described in Item 1;
and (2) has filed no amendment subsequent thereto reporting
beneficial ownership of five percent or less of such class.) 
(See Rule 13d-7).



__________________

*      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 5 PAGES 
                            

                               13G

CUSIP No. 313549 10 7
_____________________________________________________________________________
     (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 
                    38,900
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                    1,696,560
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                    38,900
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                    2,821,871
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
          2,861,221
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES **                          [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED 
          BY AMOUNT IN ROW (9)           
          8.0%
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON **
          IA, BD
_____________________________________________________________________________
             ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                        PAGE 2 OF 5 PAGES
                             

                               13G

CUSIP No. 313549 10 7
_____________________________________________________________________________
     (1)  NAME OF REPORTING PERSON 
          S.S. OR I.R.S. IDENTIFICATION NO. 
          OF ABOVE PERSON 
          John A. Levin
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [ ] 
                                                                    (b)  [x] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 

_____________________________________________________________________________
     (4)  CITIZENSHIP OR PLACE OF ORGANIZATION 
          United States
_____________________________________________________________________________

NUMBER OF      (5)  SOLE VOTING POWER 
                    38,900
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                    1,696,560
OWNED BY       ______________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                    38,900
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                    2,821,871
_____________________________________________________________________________
     (9)  AGGREGATE AMOUNT BENEFICIALLY OWNED
          BY EACH REPORTING PERSON 
          2,861,221
_____________________________________________________________________________
    (10)  CHECK BOX IF THE AGGREGATE AMOUNT 
          IN ROW (9) EXCLUDES CERTAIN SHARES **                          [ ] 
_____________________________________________________________________________
    (11)  PERCENT OF CLASS REPRESENTED 
          BY AMOUNT IN ROW (9)           
          8.0%
_____________________________________________________________________________
    (12)  TYPE OF REPORTING PERSON **
          IN
_____________________________________________________________________________
             ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                        PAGE 3 OF 5 PAGES
                             


          Amendment No. 1 to the Schedule 13G of John A. Levin & Co., Inc.
("Levin & Co.") and John A. Levin with respect to the Common Stock, $5.00 par
value (the "Common Stock") of Federal Mogul Corp. (the "Company").


ITEM 4.  OWNERSHIP.

     Item 4 is hereby amended and restated as follows:

     (a)  Amount beneficially owned:
                  2,861,221

     (b)  Percent of class:
                  8.0% 

          (based on the 35,598,918 shares of Common Stock reported
          outstanding as of November 8, 1994, as reflected in the Company's
          quarterly report on Form 10-Q filed with the Securities and
          Exchange Commission by the Company for the quarter ended September
          30, 1994).

     (c)  Number of shares as to which such person has:

          (i)   Sole power to vote or to direct the vote
                        38,900

          (ii)  shared power to vote or to direct the vote
                        1,696,560

          (iii) sole power to dispose or to direct the disposition of
                        38,900

          (iv)  shared power to dispose or to direct the disposition of
                        2,821,871

          Levin & Co. 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.  By virtue of John A. Levin's positions as
          President, director and sole stockholder of Levin & Co., Mr. Levin
          may be deemed the beneficial owner of the shares of Common Stock
          held by Levin & Co.  Levin & Co. has the sole power to vote and
          dispose of, and shares the power to vote and dispose of, such
          shares of Common Stock to the extent set forth above.  All such
          powers of Levin & Co. may be exercised by John A. Levin.









                        PAGE 4 OF 5 PAGES
                             

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

             By signing below, Levin & Co. and John A. Levin
             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 10, 1995

                         JOHN A. LEVIN & CO., INC.

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

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
















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