Securities and Exchange Commission
Washington, D.C.  20549

Schedule 13G

Under the Securities and Exchange Act of
1934 (Amendment No.   )*

BARNES & NOBLE INC

(Name of Issue)

COMMON
(Title of Class of Securities)

067774109
(Cusip number)

Check the following box if a fee is being
paid with this statement [   ].  (A fee is
not required only if the filing person:
(1) has a previous statement on file
reporting beneficial ownership of more
than five percent of the class of
securities described in Item 1; and (2)
has filed no amendment subsequent thereto
reporting beneficial ownership of five
percent or less of such class) (See Rule
13d7).

*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 the
disclosure provided in a prior cover page.

The information required in 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 in that section of the Act but
shall be subject to all other provisions
of the Act (however, see the Notes).

Cusip Number:
13G 1.    Investment Advisers, Inc.
2.   Check the appropriate box if a member
of a group:
(a) [   ]  (b) [ X ]
3.   SEC Use only
4.   Citizenship or place of
organization:
Delaware
5.   Sole voting power:1,195,450
6.   Shared voting power:150,450
7.   Sole Dispositive power:1,195,450
8.   Shared dispositive power: 150,450
9.   Aggregate amount beneficially owned
by
each
reporting person:  1,345,900
10. Percent of class represented by amount
in Row 9: 4.06
11.  Type of Person Reporting*:  IA
Item 1.   (a)  Name of Issuer:  BARNES &
NOBLE INC
    (b)  Address of Issuer's Principal
                      Executive Offices:
                  122 5TH AVE
           NEW YORK,  NY  10011
Item 2.   (a)  Investment Advisors, Inc.
        (b) 3700 First Bank Place, Box
                357, Minneapolis, MN 55440
     (c)  Delaware
  (d)  Title of Class of Securities:  Common
     (e)  Cusip Number:  067774109

Item 3    (e)  Investment Advisor registered
under
Section 203 of the Investment Advisors Act of
1940.
Item 4.
  (a)  Amount beneficially owned:  1,345,900
     (b)  Percent of Class: 4.06
(c)  Number of shares as to which such person
has:

      (I)  Sole power to vote:  1,195,450

      (ii) Shared power to vote:  150,450

     (iii)Sole power to dispose or direct
disposition of:  1,195,450

    (iv) Shared power to dispose or direct
disposition of: 150,450
Item 5.   If this statement is being filed to
report
the fact that as of the date hereof
 the reporting person has ceased to be the
beneficial owner of more than five percent of
the class of securities, check the following:
[ ] Item 6. The shares referred to in this
filing are
held by various custodian banks for various
clients of Investment Advisors, Inc. None of
the individual clients or custodian banks
holds more than 5% or more of the shares.
Item 7.        Not applicable.
Item 8.        Not applicable.
Item 9.        Not applicable.
Item 10.       Certification

By signing below I certify that, to the best
of my knowledge and belief, the securities
referred to above were acquired in the
ordinary course of business and were not
acquired for the purpose of and do not have
the effect of changing
or influencing the control of the issuer of
such securities and were not acquired in
connection with or as a participant in any
transaction having such purposes or effect.

After reasonable inquiry and to the best
of my knowledge and belief, I certify
that the infraction set forth in this
statement is true, complete and correct.

Date:    4/8/97

/s/  Kelly Thomas Coughlin

Kelly Thomas Coughlin
Vice President
Director of Compliance