UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549

                          SCHEDULE 13D
                       (Amendment No. 26)*

            Under the Securities Exchange Act of 1934



                  ECOLOGY AND ENVIRONMENT, INC.
_________________________________________________________________
                        (Name of Issuer)


        Class A Common Stock  - Par Value $.01 per share
_________________________________________________________________
                 (Title of Class of Securities)


                           278878-10-3
                  ____________________________
                         (CUSIP Number)


                         Brent D. Baird
                       1350 One M&T Plaza
        Buffalo, New York  14203 (Phone: (716) 849-1484)
_________________________________________________________________
          (Name, Address and Telephone Number of Person
        Authorized to Receive Notices and Communications)


                       September 30, 2004
                     _______________________
              (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 __.


*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in
a prior cover page.

The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).


                          SCHEDULE 13D
                        Amendment No. 26


CUSIP NO. 278878-10-3

1.     Name of Reporting Person
       SS or IRS Identification No. of above person (optional)

       First Carolina Investors, Inc.

2.     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a)___
                                                           (b)_X_

3.     SEC USE ONLY

4.     SOURCE OF FUNDS*

       WC

5.     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
       PURSUANT TO ITEMS 2(d) or 2(e)                        ____

6.     CITIZENSHIP OR PLACE OF ORGANIZATION

       Delaware

NUMBER OF SHARES     7.     SOLE VOTING POWER
BENEFICIALLY OWNED          317,100
BY EACH REPORTING
PERSON WITH          8.     SHARED VOTING POWER
                           -0-

                    9.      SOLE DISPOSITIVE POWER
                            317,100

                    10.     SHARED DISPOSITIVE POWER
                            -0-

11.     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON

        317,100

12.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
        CERTAIN SHARES*                                   ____

13.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

        13.028%

14.     TYPE OF REPORTING PERSON*

        CO
     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                          SCHEDULE 13D
                        Amendment No. 26

INTRODUCTION

       The ownership of shares ("Shares") of Class A Common Stock
of the Issuer was previously reported by the Reporting Persons in
Schedule 13D, as amended.  The Cover Page for one of the
Reporting Persons is hereby amended as shown in this Amendment
No. 26.  Item 5 is hereby amended as shown in this Amendment No.
26.  All other Items remain unchanged from the previous filings
of Schedule 13D, as amended.


          NOTE:  THE EXECUTION AND SUBMISSION OF THIS STATEMENT
     BY THE REPORTING PERSONS SHALL NOT BE CONSTRUED AS A
     STATEMENT OR ADMISSION THAT THE REPORTING PERSONS (I) ARE
     ACTING AS A GROUP IN THE ACQUISITION OF THE SHARES, (II)
     COLLECTIVELY CONSTITUTE A "PERSON" WITHIN THE MEANING OF
     SECTION 13(D)(3) OF THE SECURITIES EXCHANGE ACT OF 1934, AS
     AMENDED (THE "ACT"), OR (III) FOR THE PURPOSES OF SECTION
     13(D) OF THE ACT, ARE THE BENEFICIAL OWNERS OF ANY SHARES
     OTHER THAN THE SHARES IN WHICH EACH PERSON IS SPECIFICALLY
     IDENTIFIED IN THIS STATEMENT TO HAVE A BENEFICIAL INTEREST.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

Item 5 is hereby amended to read as follows:

(a)  The Reporting Persons hereby report beneficial ownership, in
the manner hereinafter described, of 561,100 Shares of Class A
common stock:


                                                Percentage of
                                   Number Of      Outstanding
Shares Held in the Name of            Shares     Security (1)

                                                    

Brent D. Baird                        10,000           0.411%

The Cameron Baird
Foundation                           193,000           7.929%

First Carolina Investors,            317,100          13.028%
Inc.

Bridget B. Baird, Successor
Trustee (2)                           26,900           1.105%


Jane D. Baird                         14,100           0.579%
                                     _______           ______
                      TOTAL          561,100          23.052%



     (1)  The foregoing percentages assume that the number of
          Class A Common Shares of the Issuer outstanding is
          2,433,976 Shares.

     (2)  The income beneficiary of said trust is Jane D. Baird.
          The remainder beneficiaries of said trust are the issue
          of Jane D. Baird.

(b)     For each person named in paragraph (a), that person has
sole voting and sole dispositive power over the Shares enumerated
in paragraph (a).

(c)     The following sales of the Shares were effected during
the past sixty days:





                                                Price/Share (in
                                 Number of      Dollars Commissions
Sale In The Name Of    Date      Shares         not included)

                                       
First Carolina       9/15/04     2,000           9.50
Investors            9/20/04     2,000           9.40
                     9/22/04     4,000           9.2875
                     9/24/04     2,000           9.15
                     9/27/04     3,700           9.06054
                     9/28/04     2,000           9.05
                     9/29/04     7,000           9.08586
                     9/30/04     5,000           9.00
                     10/4/04     6,000           9.00
                     10/5/04     2,700           9.06222
                     10/7/04       200           8.90


The transactions were effected through open-market sales.

(d)     Not applicable

(e)     Not applicable



                           SIGNATURES

     After reasonable inquiry and to the best of our knowledge
and belief, we certify that the information set forth in this
statement is true, complete and correct.


DATED this 12th day of October, 2004.


FIRST CAROLINA INVESTORS, INC.

By:  s/Brent D. Baird
     Brent D. Baird, Chairman