SCHEDULE 13D


GUEST SUPPLY INC.
Cusip # 401630108


Barry Igdaloff
2480 Colts Neck Rd.
Blacklick, OH 43004
614-939-0166
(Name,Address and Telephone Number of Person
Authorized to Receive Notices and Communications)


August 20,1997
(Date of Event which Requires Filing of this Statement)


 If the filing person has previously filed a statement on Schedule 13G to
 report the acquisition which is the subject of this Schedule 13D, and is
 filing this schedule because of Rule 13d-1(b)(3)or(4), check the 
 following box [X].

1. Name of Reporting Person:
   Rose Capital (Tax ID:31-1148305)

4. Source of Funds: PF

6. Citizenship or Place of Organization:
   Ohio

7. Sole Voting Power: 536,637

8. Shared Voting Power:  0

9. Sole Dispositive Power: 536,637

10.Shared Dispositive Power: 0

11.Aggregate Amount Beneficially Owned by Each Reporting Person:536,637

13.Percent of Class Represented by Amount in Row 11:   8.7%

14.Type of Reporting Person: IA


Item 1.  SECURITY AND ISSUER
	This statement relates to shares of Common Stock of Guest Supply, Inc. 
 The principal executive office of the Issuer is located at 4301 U.S. Highway
 One, P.O. Box 902, Monmouth Junction, NJ 08852-0902.

Item 2.  IDENTITY AND BACKGROUND
	(a) Rose Capital
	(b) 2480 Colts Neck Rd. Blacklick, Oh 43004
	(c) Registered Investment Advisor
	(d) Neither Rose Capital, nor its Principal, Barry Igdaloff	
	    has been convicted in a criminal proceeding during the 
	    last five years.
	(e) Neither Rose Capital, nor its Principal, Barry Igdaloff
	    has during the last five years been a party to a civil
     proceeding of a judicial or administrative body of
     competent jurisdiction.
	(f) The Principal of Rose Capital, Barry Igdaloff, is a U.S. 
	    citizen.

Item 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

	The aggregate net current investment of Rose Capital and its advisory
clients is $4,985,089 for 536,637 shares of Guest Supply,Inc. The source of
funds for this investment was personal funds of these advisory clients.

Item 4.  PURPOSE OF TRANSACTION

	The Reporting Person acquired and continues to hold the shares of stock
reported herein for investment purposes. Consistent with such purpose, the 
Reporting Person has had,and expects to continue to have, discussions with
management and other shareholders of the Issuer concerning various operational
and financial aspects of the Issuer's business. These discussions will and have
included plans and proposals concerning changing the size and composition of
the Issuer's board of directors with the goal of obtaining adequate
representation for long-term substantial shareholders. The Reporting person
may also have discussions with management, directors and other shareholders
of the Issuer concerning various ways of maximizing long-term shareholder
value.

 	Except as set forth in this item 4, the Reporting Person has no present
 plans or proposals that relate to or that would result in any of the actions
 specified in clauses (a) through (j) of item 4 of Schedule 13D.

Item 5.  INTEREST IN SECURITIES OF THE ISSUER

	(a) 536,637 shares --- 8.7%

	(b) Rose Capital has sole power to vote or to direct the vote and to dispose
     or to direct the disposition of 536,637 shares. 


	(c) No transactions were effected during the last 60 days.

	(d) No person other than Rose Capital and its advisory clients has the right
     to receive or the power to direct the receipt of dividends from, or the 
     proceeds from the sale of,such securities.

	(e) Not Applicable.

Item 6.  CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS 
		WITH RESPECT TO SECURITIES OF THE ISSUER
		
	   	None.

Item 7.  MATERIAL TO BE FILED AS EXHIBITS

   		None.


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: August 20,1997

							ROSE CAPITAL

						By: Barry Igdaloff,Owner