AEL INDUSTRIES INC
SC 13G/A, 1994-02-08
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                   SECURITIES AND EXCHANGE COMMISSION
                                    
                         Washington, D.C. 20549
                                    
                              SCHEDULE 13G
                                    
                Under the Securities Exchange Act of 1934
                                    
                           (Amendment No. 11)
                                    
                                    
                          AEL Industries, Inc.
       . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
                            (Name of Issuer)
                                    
                                    
                          Class B Common Stock
       . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
                     (Title of Class of Securities)
                                    
                                    
                                001030204
       . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
                             (CUSIP Number)
                                    
                                    
                                    
                                    
                                    
 Check the following box if a fee is being paid with this statement.___
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
            <PAGE>
CUSIP No.   001030204
      1.    Names of Reporting Persons S.S. or I.R.S. Identification Nos. of  
            Above Persons:    Conrad J. Fowler

            


      2.    Check the Appropriate Box if a Member of a Group
            (See Instructions)      Not Applicable

            ____  (a)

            ____  (b)




      3.    SEC Use Only




      4.    Citizenship or Place of Organization:   United States




Number of Shares Beneficially Owned by Each Reporting Person with:

      5.    Sole Voting Power       61,085

      6.    Shared Voting Power        0

      7.    Sole Dispositive Power  61,085

      8.    Shared Dispositive Power    0




      9.    Aggregate Amount Beneficially Owned by Each Reporting
            Person:           61,085




      10.   Check if the Aggregate Amount in Row (9) Excludes Certain
            Shares (See Instructions)     Not Applicable




      11.   Percent of Class Represented by Amount in Row 9:   14.0%


 
                                                            
      12.   Type of Reporting Person (See Instructions):  IN




Note: The above figures do not include 32,789 shares owned of record 
      solely by Julia B. Fowler
<PAGE>
                                                            
Item 1(a)         Name of Issuer:

                  AEL Industries, Inc.

Item 1(b)         Address of Issuer's Principal Executive Offices:

                  305 Richardson Road
                  Lansdale, PA  19446

Item 2(a)         Name of Person Filing:

                  Conrad J. Fowler

Item 2(b)         Address of Principal Business Office or, if none, Residence:

                  305 Richardson Road
                  Lansdale, PA  19446

Item 2(c)         Citizenship:

                  United States

Item 2(d)         Title of Class of Securities:

                  Class B common stock

Item 2(e)         CUSIP Number:

                  001030204

Item 3            Not Applicable

Item 4            Ownership

     (a)          Amount Beneficially Owned:

                  61,085

     (b)          Percent of Class:

                  14.0%

     (c)          Number of shares as to which such person has:

                  (i)   sole power to vote or to direct the vote

                          61,085

                  (ii)  shared power to vote or to direct the vote

                          0

                  (iii) sole power to dispose or to direct the disposition of

                          61,085

                  (iv)  shared power to dispose or to direct the disposition 
                        of

                          0

      Note:  The above figures do not include 32,789 shares owned of record 
      solely by Julia B. Fowler, wife of Conrad J. Fowler.                    
                  
Item 5            Ownership of Five Percent or Less of a Class.

                  Not applicable                      
                                                       
Item 6            Ownership of More than Five Percent on Behalf of Another 
                  Person.

                  Not applicable

Item 7            Identification and Classification of the Subsidiary 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.

                  Not applicable


            The filing of this statement shall not be construed as an
admission that the person filing is, for the purposes of Sections 13(d),
13(g), or 16 of the Securities Exchange Act of 1934, the beneficial owner of
any securities covered by this statement.

            After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement concerning
me is true, complete and correct.



                              Date:       February 8, 1994


                              Signature:  /s/ Conrad J. Fowler

                              Name/Title: Conrad J. Fowler


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