FORM 5
              U.S. SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, d.C. 20549
        ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
                                 
1. Name and Address of Reporting Person 4. Statement for Month/Year
     Munsey, Everard                         December 1995
     Riverfront Plaza-West                   
     901 E. Byrd Street, 17th Floor     5. If Amendment, Date of Original
     Richmond, Virginia 23219          (Month/Year)
                                   
2. Issuer and Ticker or Trading Symbol  6. Relationship of Reporting Person
     Dominion Resources, Inc. (D)          to Issuer
                                        Vice President
3. IRS or Social Security Number of               
   Reporting Person (Voluntary)
     ###-##-####

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.   Title of Security                    Common Stock
2.   Transaction Date                     07/03/1995
3.   Transaction Code                     G
4.   Securities Acquired (A) or Disposed of (D)
     Amount                               1,232
     (A) or (D)                           D
     Price                                
5.   Amount of Securities Beneficially
       Owned at End of Issuer's Fiscal Year    1,201
6.   Ownership Form: Direct (D) or Indirect (I)     D
7.   Nature of Indirect Beneficial Ownership   


1.   Title of Security                    Common Stock
2.   Transaction Date                     07/03/1995
3.   Transaction Code                     G
4.   Securities Acquired (A) or Disposed of (D)
     Amount                               1,232
     (A) or (D)                           A
     Price                                
5.   Amount of Securities Beneficially
       Owned at End of Issuer's Fiscal Year    1,382
6.   Ownership Form: Direct (D) or Indirect (I)     I
7.   Nature of Indirect Beneficial Ownership   By Spouse

1.   Title of Security                    Common Stock
2.   Transaction Date                     (01)
3.   Transaction Code                     J (01)
4.   Securities Acquired (A) or Disposed of (D)
     Amount                               437
     (A) or (D)                           A
     Price                                (01)
5.   Amount of Securities Beneficially
       Owned at End of Issuer's Fiscal Year    1,822
6.   Ownership Form: Direct (D) or Indirect (I)     I
7.   Nature of Indirect Beneficial Ownership   By Trustee of Employee Savings
                                               Plan

FORM 5
                                 
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.   Title of Derivative Security         __________________
2.   Conversion or Exercise Price of 
      Derivative Security                 __________________
3.   Transaction Date                     __________________
4.   Transaction Code                     __________________
5.   Number of Derivative Securities Acquired (A)
      or Disposed of (D)                  __________________
6.   Date Exercisable                     __________________
     Expiration Date                      __________________
7.   Title and Amont of Underlying Securities
     Title                                __________________
     Amount or Number of Shares           __________________
8.   Price of Derivative Security         __________________
9.   Number of Derivative Securities 
      Beneficially Owned at End of Year   __________________
10.  Ownership of Derivative Security:
     Direct (D) or Indirect (I)           __________________
11.  Nature of Indirect Beneficial Ownership   __________________

Explanation of Responses:

(01) Shares Acquired by the Dominion Resources, Inc. Employee Savings Plan (a
     Rule 16b-3 Plan) between January 1 and December 31, 1995, at prices ranging
     from $35.56 to $41.25 per share in transactions exempt under old rule
     16b-3.

Everard Munsey
2/14/96