Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Prue Nancy J F
2. Date of Event Requiring Statement (Month/Day/Year)
03/23/2010
3. Issuer Name and Ticker or Trading Symbol
ADAMS EXPRESS CO [ADX]
(Last)
(First)
(Middle)
ADAMS EXPRESS COMPANY, 7 SAINT PAUL STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BALTIMORE, MD 21202
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 5,146 (1)
D
 
Common Stock 6,295
I
By Issuer's Thrift Plan Trust (2)
Common Stock 8,092
I
By Petroleum & Resources Corporation Thrift Plan Trust (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock options w/tandem SARs 01/11/2003 01/11/2011 Common Stock 1,428 $ 0 D  
Stock options w/tandem SARs 01/10/2004 01/10/2012 Common Stock 2,091 $ 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Prue Nancy J F
ADAMS EXPRESS COMPANY
7 SAINT PAUL STREET
BALTIMORE, MD 21202
      Executive Vice President  

Signatures

Nancy J. F. Prue 03/25/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Of these shares, 1,692 shares are held directly. 3,454 shares were granted as restricted stock of which, depending on meeting performance benchmarks, 910 shares vest in 2011, 1,095 shares vest in 2012, and 1,449 shares vest in 2013.
(2) The number of shares reported as held by the Issuer's Thrift Plan Trust represents the undersigned's proportionate beneficial interest in such stock held in the Trust. Such number is based on information as of March 24, 2010, the most recent date such information is available.
(3) The number of shares reported as held by Petroleum & Resource Corporation Thrift Plan Trust represents the undersigned's proportionate beneficial interest in such stock held in the Trust. Such number is based on information as of March 24, 2010, the most recent date such information is available.

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