MOD U KRAF HOMES INC
10QSB/A, 1995-10-27
PREFABRICATED WOOD BLDGS & COMPONENTS
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                U.S. SECURITIES AND EXCHANGE COMMISSION

                         Washington, DC  20549

                              FORM 10-QSB

(Mark One)

   [X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
                         EXCHANGE ACT OF 1934

     For the quarterly period ended     MARCH 31, 1995
                                    ------------------------

   [ ]  TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

     For the transition period from _____________ to ______________

                Commission file number      0 - 7 0 9 3
                                        ------------------

                         MOD-U-KRAF HOMES, INC.
   -----------------------------------------------------------------
                (Exact name of small business issurer as
                       specified in its charter)

             VIRGINIA                              54-0893908
   ------------------------------------------------------------------
    (State or other jurisdiction                  (IRS Employer
  of incorporation or organization)            Identification No.)

              P. O. BOX 573, ROCKY MOUNT, VIRGINIA    24151
   ------------------------------------------------------------------
                (Address of principal executive offices)

                             (540) 483-0291
   ------------------------------------------------------------------
                      (Issuer's telephone number)


   ------------------------------------------------------------------
          (Former name, former address and former fiscal year,
                     if changed since last report)

     Check whether the issure (1) filed all reports required to be filed
by Section 13 or 15(d) of the Exchange Act during the past 12 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 _____


                  APPLICABLE ONLY TO CORPORATE ISSUERS

     State the  number of  shares  outstanding of  each of the  issuer's
classes of common equity, as of the latest practicable date:   813,649
                                                              ----------


                               AMENDMENT

The March 31, 1995 10QSB is being amended to correct the Financial Data
Schedule (FDS) that was sent with the original filing.


                         MOD-U-KRAF HOMES, INC.

                               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.


                                            MOD-U-KRAF HOMES, INC.
                                    -----------------------------------
                                                 (Registrant)


Date: October 27, 1995


                                     s/Dale H. Powell
                                   -------------------------------------
                                               Dale H. Powell
                                    President and Chairman of the Board

                                     s/Jeffrey L. Boudreaux
                                   -------------------------------------
                                           Jeffrey L. Boudreaux
                                                 Controller


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 5
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                          912271
<SECURITIES>                                    307954
<RECEIVABLES>                                   201847
<ALLOWANCES>                                         0
<INVENTORY>                                    1688023
<CURRENT-ASSETS>                               4582388
<PP&E>                                         2588863
<DEPRECIATION>                                 1689560
<TOTAL-ASSETS>                                 6156345
<CURRENT-LIABILITIES>                           661246
<BONDS>                                              0
<COMMON>                                        813649
                                0
                                          0
<OTHER-SE>                                     3501473
<TOTAL-LIABILITY-AND-EQUITY>                   6156343
<SALES>                                        2016883
<TOTAL-REVENUES>                               2016883
<CGS>                                          1456788
<TOTAL-COSTS>                                  1939336
<OTHER-EXPENSES>                                -24934
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 102481
<INCOME-TAX>                                     33884
<INCOME-CONTINUING>                              68597
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     68597
<EPS-PRIMARY>                                      .08
<EPS-DILUTED>                                      .08
        

</TABLE>


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