DAVIS WATER & WASTE INDUSTRIES INC
10-Q/A, 1995-10-24
METALS SERVICE CENTERS & OFFICES
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                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549
                                FORM 10-Q/A

            [X] Quarterly Report Pursuant to Section 13 or 15(d)
                   of the Securities Exchange Act of 1934
                For the Quarterly Period Ended July 31, 1995

                                     OR

          [   ] Transition Report Pursuant to Section 13 or 15(d)
                   of the Securities Exchange Act of 1934
                  For the Transition Period from ___ to___

                       Commission File Number 1-9467

                    DAVIS WATER & WASTE INDUSTRIES, Inc.
          --------------------------------------------------------
           (Exact name of registrant as specified in its charter)

                  Georgia                               58-0959907   
          ------------------------                ------------------
         (State of incorporation)                  (I.R.S. Employer
                                                  Identification No.)

              1820 Metcalf Avenue, Thomasville, Georgia  31792
       --------------------------------------------------------------
        (Address of principal executive offices, including zip code)

                               (912) 226-5733
          ________________________________________________________
            (Registrant's telephone number, including area code)

                            ___________________

       Indicate by check mark whether the registrant (1) has filed all
     reports required to be filed by Section 13 or 15(d) of the
     Securities Exchange Act of 1934 during the preceding twelve
     months (or for such shorter period that the registrant was
     required to file such reports), and (2) has been subject to such
     filing requirements for the past 90 days.   Yes   X   No ___  

     Indicate the number of shares of each of the issuer's classes of
     common stock outstanding as of the latest practicable date.

              Class                  Outstanding at September 8, 1995 
     -----------------------------   ---------------------------------
     Common Stock, $0.01 Par Value             3,228,594 Shares       

<PAGE>                              1
<PAGE>
                             






                                 SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of
     1934, the registrant has duly caused this report to be signed on
     its behalf by the undersigned thereunto duly authorized.


                                DAVIS WATER & WASTE INDUSTRIES, Inc.
                                ------------------------------------
                                          (Registrant)            


     Date:  October 24, 1995    /s/ Stan White
                                ------------------------------------
                                Stan White, Secretary-Treasurer
                                (Duly Authorized Officer and Chief 
                                Financial Officer)

<PAGE>                              2
<PAGE>






                    DAVIS WATER & WASTE INDUSTRIES, Inc.
                             INDEX OF EXHIBITS

<TABLE>
<CAPTION>
     Exhibit
      Table
     Item No.    Description of Exhibit                    
     ----------  --------------------------------------    
     <C>         <S>

     *10(t)(ii)  Second Amendment to Loan Agreement and     
                 First Amendment to Security Agreement
                 dated as of May 8, 1995 between the
                 Company and Sun Bank, N.A.

     *11         Computation of Net Income Per Share        

      27         Financial Data Schedule 
                 (For SEC use only)
</TABLE>

     * Previously Filed

     The submitting of this 10-Q amendment is a result of not filing
     the Financial Data Schedule as required under Item 601(c) of
     Regulation S-K and Regulation S-B and Rule 401 of Regulation S-T.

<PAGE>                              3
<PAGE>


<TABLE> <S> <C>

<ARTICLE> 5
<CIK> 0000027326
<NAME> DAVIS WATER & WASTE INDUSTRIES, INC.
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-END>                               JUL-31-1995
<CASH>                                            3188
<SECURITIES>                                         0
<RECEIVABLES>                                    39529
<ALLOWANCES>                                      1165
<INVENTORY>                                      20500
<CURRENT-ASSETS>                                 69634
<PP&E>                                           20831
<DEPRECIATION>                                   14646
<TOTAL-ASSETS>                                   81398
<CURRENT-LIABILITIES>                            34770
<BONDS>                                              0
<COMMON>                                            33
                                0
                                          0
<OTHER-SE>                                       25755
<TOTAL-LIABILITY-AND-EQUITY>                     81398
<SALES>                                          59684
<TOTAL-REVENUES>                                 59684
<CGS>                                            50867
<TOTAL-COSTS>                                    50867
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 359
<INCOME-PRETAX>                                   1974
<INCOME-TAX>                                       812
<INCOME-CONTINUING>                               1162
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      1162
<EPS-PRIMARY>                                      .36
<EPS-DILUTED>                                      .36
        

</TABLE>


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