SCHEDULE 13G Page 1 of 4
Filing for 1997
WYANT CORPORATION
Cusip # 441069101
AMENDMENT NO.
WYANT CORPORATION Page 2 of 4
Cusip Number 441069101
1.NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wilen Management Company,Inc.
2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)**
3.SEC USE ONLY
4.CITIZIN OR PLACE OF ORGANIZATION
NUMBER OF SHARES BENEFICALLY OWNED BY EACH REPORTING
PERSON WITH:
5. SOLE VOTING POWER
158,500 Shares
6. SHARED VOTING POWER
NONE
7. SOLE DISPOSITIVE POWER
158,500 Shares
8. SHARES DISPOSTIVE POWER
NONE
9.AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH PERSON
158,500 Shares
10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
N/A
11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.3%
12.TYPE OF REPORTING PERSON*
IA
WYANT CORPORATION Page 3 of 4
Cusip Number 441069101
Item 1. Security and Issuer:
This statement relates to the common stock of Wyant Corporation
("The Issuer") 100 Readington Road, Somerville, NJ 08876.
Item 2. Identity and Background:
(a)Name of Person Filing: Wilen Management Company, Inc.
(b)Address of Principal Business Office:
2360 West Joppa Road, Suite 226
Lutherville, MD 21093
(c)Citizenship or Place of Organization: Maryland
(d)Title of Class of Securities: Common Stock
(e)CUSIP Number: 441069101
Item 3.:
The Entity Filing is an Investment Adviser registered under
section 203 of the Investment Advisers Act of 1940.
Item 4. Ownership:
(a)Amount Beneficially Owned: 158,500 shares
(b)Percent of class: 9.3%
(c)Number of Shares as to which such entity has:
(i)Sole power to vote or to direct the vote: 158,500 shares
(ii)Shared power to vote or to direct the vote: None
(iii)Sole power to dispose or to direct the disposition of: 158,500 shares.
(iv)shared power to dispose or to direct the disposition of: None
Item 5. Ownership of Five Percent or Less of a Class of Securities:
Not Applicable
WYANT CORPORATION Page 4 of 4
Cusip Number 441069101
Item 6. Ownership of More Than Five Percent on Behalf of Another Person:
Not Applicable
Item 7. Identification and Classification of Subsidiaries which
acquired the security being reported on by the Parent Holding Company:
Not Applicable
Item 8. Identification and Classification of Members of the Group:
Not Applicable
Item 9. Notice of Dissolution of Group:
Not Applicable
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.
Signature
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.
Dated this 23rd day of February, 1998.
_________________________________
Signature
James Wilen, President
Wilen Management Company, Inc.
