Mean densities and length structure of Champsocephalus gunnari obttained in the 1994 and 1995 surveys conducted in subarea 48.3 by BIP Dr: E L HOLMBERG are compared. Haul locations were determined by a search procedure yielding randomly selected clusters of stations located within the 50–150; 151–250 and 251–500 m depth strata. The cluster structure is considered as a nested factor in an ANOVA design. Forty five stations in the first cruise and 48 in the second were analyzed. Of these, 51 pairs of 1995 and 1994 hauls located at less than one nautical mile were formed and their differences analyzed in a nested ANOVA and a paired t-test. Significant increases in density have been detected at all depth strata in the South Georgia Islands shelf, while density remained stable at Shag Rocks. The fit of a probability function to mean densities should be improved, but their differences at replicated sites fulfilled the requirements of the statistics used, stressing the value of site comparison in monitoring the stock. A relative stability was found in the components of the variance of the mean density, thus allowing their application to design optimization. The analysis of length distributions confirmed the predominance of young specimens and has shown to the North and East of the South Georgia shelf the presence of relatively large quantities of recruits. The stock is considered to be experimenting a recovery after an overfishing event.