Russ Cochran shot an 8-under-par 64 yesterday to take the first-round lead in the Southern Farm Bureau Classic in Madison, Miss.

Cochran, 137th on the money list and needing a solid performance in his final event of the year to retain his PGA Tour card, responded with a bogey-free effort that included birdies on five of his last seven holes.

Brad Bryant and Chris DiMarco were a stroke back, and Nolan Henke was at 6-under 66.

Like the Tour Championship in Houston, the Southern Farm Bureau will suspend play today to allow players to attend a memorial service for Payne Stewart, the U.S. Open champion who was killed in a plane crash Monday. The cut will be made after the second round Saturday at Annandale Golf Club, and the final round of the event, shortened to 54 holes, is Sunday.

* EUROPE: South African Retief Goosen shot a 10-under-par 62 to open a three-shot lead over Welshman Phillip Price and pull four clear of a six-man group that included Germany's Bernhard Langer and Denmark's Thomas Bjorn at the $1.6 million Volvo Masters in Jerez, Spain. The 66 players in the field, who wore black ribbons to honor Stewart, will gather at the 18th green at the close of play today to pay their last respects.