SECURITIES AND EXCHANGE COMMISSION
                     Washington, D. C. 20549



                            FORM 8-K

        Current Report Pursuant to Section 13 or 15(d) of
               The Securities Exchange Act of 1934



        Date of Report (Date of earliest event reported):
                          June 16, 1994



                      THE PITTSTON COMPANY

     (Exact Name of registrant as specified in its charter)






    Virginia               1-9148            54-1317776
 (State or other        (Commission       (I.R.S. Employer
  jurisdiction          File Number)     Identification No.)
of Incorporation)




100 First Stamford Place
P. O. Box 120070
Stamford, Connecticut                        06912-0070
(Address of principal                        (Zip Code)
executive offices)



                          (203)978-5200
      (Registrant's telephone number, including area code)






Item 5.  Other Events


          The Pittston Company has announced that its Coal
Group subsidiaries have reached agreement with the United
Mine Workers of America for a successor collective
bargaining agreement that will remain in effect until
December 31, 1998, subject to ratification by the companies'
union employees.  A press release dated June 16, 1994 is
filed as an exhibit to this report and is incorporated
herein by reference.



                           EXHIBIT

Registrant's press release dated June 16, 1994.



                          SIGNATURE

          Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned
hereunto duly authorized.



                              THE PITTSTON COMPANY
                                  (Registrant)


                                      Austin F. Reed
                              By _________________________
                                      Vice President


Date:  June 17, 1994






                             EXHIBIT




Exhibit        Description                             



  99           Registrant's press release               
               dated June 16, 1994.

                                                       Exhibit 99

            THE PITTSTON COMPANY ANNOUNCES AGREEMENT
               WITH UNITED MINE WORKERS OF AMERICA

Stamford, Ct. - June 16, 1994 - The Pittston Company announced
today that its Pittston Coal Group subsidiaries have reached
agreement with the United Mine Workers of America for a successor
collective bargaining agreement that will remain in effect until
December 31, 1998.  The new agreement is subject to ratification
by the companies' union employees.  That vote is expected to take
place in the next few days.  The current labor agreement with the
UMWA expires on June 30.
                           * * * * * 
Pittston Minerals Group Common Stock (NYSE - PZM) and Pittston
Services Group Common Stock (NYSE - PZS) represent the two
classes of common stock of The Pittston Company, a diversified
firm with interests in coal and gold mining, security services
through Brink's, Incorporated and Brink's Home Security, Inc. and
airfreight and logistics management services through Burlington
Air Express Inc.