February 13, 1996
W.D. Sprague
Lukens Inc.
50 South First Avenue
Coatesville, PA 19320
RE: Amended Schedule 13G
Enclosed pursuant to Rule 13d-2(b) under the Securities
Exchange Act of 1934 is a report on Schedule 13G reporting
beneficial ownership at December 31, 1995 by American Express
Company and American Express Financial Corporation in common
stock of Lukens Inc..
Sincerely,
Melinda S. Urion
Senior Vice President of Finance
and Chief Financial Officer
Enclosure
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
Lukens Inc.
(Name of Issuer)
Amendment #1
Common Stock
(Title of Class of Securities)
549866-10-1
(CUSIP Number)
Check the following space if a fee is being paid with this
statement
The information required in the remainder of this cover page
(except any items to which the form provides a cross-reference)
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.
CUSIP NO. 549866-10-1
1) Name of Reporting Person American Express Company
S.S. or I.R.S. Identification IRS No. 13-4922250
No. of Above Person
2) Check the Appropriate Box (a)
if a Member of a Group (b) X - Joint Filing
3) SEC Use Only
4) Citizenship or Place of Organization New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
(5) Sole Voting Power -0-
(6) Shared Voting Power -0-
(7) Sole Dispositive Power -0-
(8) Shared Dispositive Power -0-
9) Aggregate Amount Beneficially
Owned by Each Reporting Person -0-
10) Check if the Aggregate Amount in
Row (9) Excludes Certain Shares Not Applicable
11) Percent of Class Represented by
Amount In Row (9) 0%
12) Type of Reporting Person CO, HC
CUSIP NO. 549866-10-1
1) Name of Reporting Person American Express Financial Corporation
S.S. or I.R.S. Identification IRS No. 13-3180631
No. of Above Person
2) Check the Appropriate Box (a)
if a Member of a Group (b) X - Joint Filing
3) SEC Use Only
4) Citizenship or Place of Organization Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
(5) Sole Voting Power -0-
(6) Shared Voting Power -0-
(7) Sole Dispositive Power -0-
(8) Shared Dispositive Power -0-
9) Aggregate Amount Beneficially
Owned by Each Reporting Person -0-
10) Check if the Aggregate Amount in
Row (9) Excludes Certain Shares Not Applicable
11) Percent of Class Represented by
Amount In Row (9) 0%
12) Type of Reporting Person CO, IA
CUSIP NO 549866-10-1
1) Name of Reporting Person IDS Stock Fund
S.S. or I.R.S. Identification IRS No. 41-0839317
No. of Above Person
2) Check the Appropriate Box (a)
if a Member of a Group (b) X - Joint Filing
3) SEC Use Only
4) Citizenship or Place of Organization Minnesota
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH
(5) Sole Voting Power -0-
(6) Shared Voting Power -0-
(7) Sole Dispositive Power -0-
(8) Shared Dispositive Power -0-
9) Aggregate Amount Beneficially
Owned by Each Reporting Person -0-
10) Check if the Aggregate Amount in
Row (9) Excludes Certain Shares Not Applicable
11) Percent of Class Represented by
Amount In Row (9) 0%
12) Type of Reporting Person CO, IC
1(a) Name of Issuer: Lukens Inc.
1(b) Address of Issuer's
Principal 50 South First Avenue
Executive Offices: Coatesville, PA 19320
2(a) Name of Person Filing: American
Express Company
American Express Financial
Corporation
2(b) Address of Principal
Business Office: American Express
Company
American Express Tower
World Financial Center
New York, NY 10285
American Express Financial
Corporation
IDS Tower 10
Minneapolis, MN 55440
2(c) Citizenship: See Item 4 of
Cover Page
2(d) Title of Class of Securities: Common Stock
2(e) Cusip Number: 549866-10-1
3 Information if statement is filed pursuant to Rules 13d-
1(b) or 13d-2(b):
American Express Company, one of the persons filing
this statement, is a Parent Holding Company in
accordance with Rule 13d-1(b)(ii)(G).
American Express Financial Corporation, one of the
persons filing this statement, is an Investment Advisor
registered under section 203 of the Investment Advisors
Act of 1940.
4(a) Amount Beneficially Owned as of December 31,
1995: See Item 9 of
Cover Pages
4(b) Percent of Class: See Item 11 of Cover
Pages
4(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote: See Item
5 of Cover Pages
(ii) Shared power to vote or direct the vote: See
Item 6 of Cover Pages
(iii) Sole power to dispose or to direct the
disposition of: See Item 7
of Cover Pages
(iv) Shared power to dispose or to direct the
disposition of: See Item 8
of Cover Pages
5 Ownership of 5% or Less of a Class:
If this statement is being filed to report the fact
as of the date hereof the reporting person has
ceased to be the beneficial owner of more than five
percent of the class of securities, check the
following ( X ).
6 Ownership of more than 5% on Behalf of Another Person:
Not Applicable
7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported
on by the Parent Holding Company:
See Exhibit I
8 Identification and Classification of Members of the
Group:
Not Applicable
9 Notice of Dissolution of Group:
Not Applicable
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.
American Express Financial
Corporation
Dated: December 31, 1995 By
Signature
Melinda S. Urion
Senior Vice President of
Finance
and Chief Financial Officer
Name/Title
Telephone: (612) 671-6227
Exhibit Index
Exhibit I Identification and Classification of the
Subsidiary which Acquired the Security Being Reported on by
the Parent Holding Company.
Exhibit II Statement of American Express Company
Exhibit III Statement of American Express Financial Corporation
Exhibit I
to
Schedule 13G
The person filing this statement is a parent holding
company. The relevant subsidiary, American Express Financial
Corporation, a Delaware Corporation, is registered as
investment advisor under section 203 of the Investment Advisors
Act of 1940.
EXHIBIT II
to
SCHEDULE 13G
under the
Securities Exchange Act of 1934
American Express Company, American Express Tower, World
Financial Center, New York, New York disclaims beneficial
ownership of the securities referred to in the Schedule 13G
to which this exhibit is attached, and the filing of this
Schedule 13G shall not be construed as an admission that
American Express Company is, for the purpose of Section
13(d) or 13(g) of the Securities Exchange Act of 1934, the
beneficial owner of any securities covered by this Schedule
13G.
Pursuant to Rule 13d-1(f) (1) and subject to the preceding
disclaimer, American Express Company affirms it is
individually eligible to use Schedule 13G and agrees that
this Schedule is filed on its behalf, and authorizes the
President, any Vice President, the comptroller, the
Secretary, the General Counsel, any Associate General
Counsel or any Counsel, each with power to act singly, of
each subsidiary of American Express Company making this
filing to sign this statement on behalf of American Express
Company.
AMERICAN EXPRESS COMPANY
By:____________________________
Name: Stephen P. Norman
Title: Secretary
Exhibit III
to
Schedule 13G
Under the
Securities Exchange Act of 1934
Pursuant to Rule 13d-1(f)(1), American Express Financial
Corporation affirms that it is individually eligible to use
Schedule 13G and agrees that this Schedule is filed in its
behalf.
American Express Financial
Corporation
By:
Melinda S. Urion
Senior Vice President of
Finance
and Chief Financial Officer
