PETROLEUM AND RESOURCES CORP &lt;PEO> MARCH 31
  Shr 31.36 dlrs vs 25.23 dlrs
      Assets 286.5 mln vs 253.0 mln
      Shrs out 9,138,526 vs 8,839,695
      NOTE: latest assets after capital gain distributions of 50
  cts a share in February 1987 and 83 cts a share in December
  1986, and with 29,955,000 stated value 1.676 dlr convertible
  preferred stock outstanding.
  

