SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ______) *
FEDERAL SCREW WORKS
COMMON STOCK
313819104
___
Check the following box if a fee is being paid with this
statement /
/. (A fee is not required only if the filing person (1) has
a previous
statement on file reporting beneficial ownership of more
than five
percent of the class of securities described in Item 1; and
(2) has
filed no amendment subsequent thereto reporting beneficial
ownership of
five percent or less of such class.) (See Rule 13d-7.)
* The remainder of this cover page shall be filled out for a
reporting
person's initial filing on this form with respect to the
subject class
of securities, and for any subsequent amendment containing
information
which would alter the disclosures provided in a prior cover
page.
The information required in the remainder of this cover page
shall not
be deemed to be "filed" for the purpose of Section 18 of the
Securities
Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of
that section of the Act but shall be subject to all other
provisions of
the Act (however, see the Notes).
Page 1 of 4
CUSIP NO. 313819104 13G
PAGE 2 OF 4
1. NAME OF REPORTING PERSON - SS OR IRS IDENTIFICATION NO.
OF ABOVE
PERSON
Athena Capital Management, Inc.
23-2520198
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
N/A
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OR ORGANIZATION
621 East Germantown Pike-#105
Plymouth Valley, PA 19401
____________________________________________________________
___________
______________
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORT PERSON
WITH:
5. SOLE VOTING POWER: 0
6. SHARED VOTING POWER: 61,888
7. SOLE DISPOSITIVE POWER: 0
8. SHARED DISPOSITIVE POWER: 61,888
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
61,888
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDED
CERTAIN
SHARES *
N/A
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.70%
12. TYPE OF REPORTING PERSON *
IA
PAGE 3 OF
4
13G FILING
Item 1 (a) Name of Issuer:
Federal Screw Works
Item 1 (b) Address of Issuer's Principal Executive
Offices:
535 Griswold Street-Suite 2400
Detroit, MI 48226
Item 2 (a) Name of Person Filing:
Athena Capital Management, Inc.
Item 2 (b) Address of Principal Business Office:
621 East Germantown Pike-#105
Plymouth Valley, PA 19401
Item 2 (c) Citizenship:
N/A
Item 2 (d) Title of Class of Securities:
Common Stock
Item 2 (e) CUSIP Number:
313819104
Item 3 This statement is filed pursuant to Rules 13d-
1(b) and
13d-2(b) and the filing person is an:
(e) Investment Advisor registered under
Section
203 of the Investment Advisors Act of
1940
Item 4 Ownership:
(a) Amount Beneficially Owned: 61,888
(b) Percent of Class: 5.70%
(c) Number of shares as to which such person
has:
(i) sole power to vote or to direct the
vote: 0
(ii) shared power to vote or to
direct the
vote: 61,888
(iii) sole power to dispose or to
direct the
disposition of: 0
(iv) shared power to dispose or to
direct the
disposition of: 61,888
Item 5 Ownership of Five Percent or Less of a Class:
N/A
PAGE 4 OF 4
Item 6 Ownership of More than Five Percent on Behalf
of Another
Person: Clients of reporting person have right to receive
dividends
from and proceeds of sale of subject securities. None has
more than
five percent of the class.
Item 7 Identification and Classification of the
subsidiary
Which Acquired the Security Being Reported on
by the
parent Holding Company: N/A
Item 8 Identification and Classification of Members
of the
Group: N/A
Item 9 Notice of Dissolution of Group: N/A
Item 10 Certification
By signing below, I certify that to the best of my knowledge
and
belief, the securities referred to above were acquired in
the ordinary
course of business and were not acquired for the purpose of
and do not
have the effect of changing or influencing the control of
the issuer of
such securities and were not acquired in connection with or
as a
participant in any transaction having such purposes or
effect.
After reasonable inquiry and to the best of my knowledge and
belief, I
certify that the information set forth in this statement is
true,
complete and correct.
January 27, 1999_
Date
By __________________________________
Signature
David P. Cohen / President
Name/Title
