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 21, 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 a new collective bargaining agreement between the Company's Coal Group subsidiaries and the United Mine Workers of America, replacing the current agreement which expires on June 30 and which will remain in effect until December 31, 1998, was ratified by the companies' union employees. A press release dated June 21, 1994 is filed as an exhibit to this report and is incorporated herein by reference.

EXHIBIT Registrant's press release dated June 21, 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) J. B. Hartough By _________________________ Vice President Date: June 21, 1994

EXHIBIT Exhibit Description 99 Registrant's press release dated June 21, 1994.

                                             Exhibit 99



          PITTSTON ANNOUNCES RATIFICATION OF AGREEMENT
               
               WITH UNITED MINE WORKERS OF AMERICA


Stamford, Ct.  - June 21, l994 - The Pittston Company announced
today that a new collective bargaining agreement between the
company's Coal Group subsidiaries and the United Mine Workers of
America ("UMWA") was ratified by the Coal Group companies' union
employees.  The new agreement, which replaces the current agreement
expiring on June 30, will remain in effect until December 31, l998. 
Joseph C. Farrell, Chairman and CEO of The Pittston Company, stated
"We are very pleased with both the tenor of the negotiations and
the mutually beneficial results which are further evidence of the
positive working relationship which has been established with the
UMWA."  

The new agreement continues the basic principles and provisions
established in the predecessor l990 Agreement with respect to the
important areas of job security, work rules and scheduling.  Under
the new agreement, wages are scheduled to increase $.40 per hour on
December 15 of each of the years l994 to l997.  In addition, the
Company has agreed to improvements in certain employee benefits. 
                            * * * * *
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 Securitiy, Inc. and
airfreight and logistics management services through Burlington Air
Express Inc.