THE BETHLEHEM CORPORATION
25th and Lennox Streets
Easton, PA 18045
October 1, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: FILE 333-53875
Ladies and Gentlemen:
Reference is made to the above-referenced registration statement filed
in May 1996. The Registrant hereby makes application for withdrawal of such
registration statement. Pursuant to Rule 477 of Regulation C, the Registrant has
determined that it is inadvisable to pursue the offering due to market
conditions. None of the securities were sold under the proposed offering.
Very truly yours,
THE BETHLEHEM CORPORATION
By: /S/ Alan H. Silverstein
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Alan H. Silverstein
President and Chief
Executive Officer