ANDAL CORP
10-Q/A, 1995-05-11
STEEL PIPE & TUBES
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                   SECURITIES AND EXCHANGE COMMISSION
                        Washington, D. C.   20549
                                    
                                FORM 10-Q
(MARK ONE)

X    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES EXCHANGE ACT OF 1934


     For the quarterly period ended  December 31, 1994            
                                     
                                   OR

     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES EXCHANGE ACT OF 1934


     For the transition period from               to  

                    Commission file number  1-6856   

                               ANDAL CORP.

         (Exact name of registrant as specified in its charter)

New York                                                          
                  13-2571394                
(State or other jurisdiction of incorporation or organization)    
   
     (I. R. S. Employer ID no.)

909 Third Avenue, New York, New York                            
               10022                      
(Address of principal executive offices)                        
(Zip code)

Registrant's telephone number, including area code          
(212)
376-5545                             

Not Applicable

      (Former Name, Former Address, and Former Fiscal Year, if
Changed Since Last
Report)

     Indicate by check X whether the registrant:  (1) has filed
all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 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        

<PAGE>     S I G N A T U R E

     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.

                                   ANDAL CORP.

DATE:     May 11, 1995              By: /s/ Michael S. Huber 
                                        Michael S. Huber
                                        Senior Vice President,
                                        Chief Financial Officer,
                                        and Treasurer

DATE:     May 11, 1995              By: /s/ Walter N. Kreil, Jr.
                                        Walter N. Kreil, Jr.
                                        Vice President,
                                        Chief Accounting Officer,
                                        and Controller
<PAGE>

                EXHIBIT INDEX

EXHIBIT 27      FINANCIAL DATA SCHEDULE



<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FIRST QUARTER 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
10-Q.
</LEGEND>
<CIK> 0000070262
<NAME> ANDAL CORP
<MULTIPLIER> 1,000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-30-1994
<PERIOD-START>                             OCT-01-1994
<PERIOD-END>                               DEC-31-1994
<EXCHANGE-RATE>                                      1
<CASH>                                           1,549
<SECURITIES>                                         0
<RECEIVABLES>                                    3,935
<ALLOWANCES>                                       102
<INVENTORY>                                      1,264
<CURRENT-ASSETS>                                 7,405
<PP&E>                                          26,694
<DEPRECIATION>                                  17,157
<TOTAL-ASSETS>                                  21,751
<CURRENT-LIABILITIES>                            9,484
<BONDS>                                         17,410
<COMMON>                                         7,410
                                0
                                          0
<OTHER-SE>                                    (14,586)
<TOTAL-LIABILITY-AND-EQUITY>                    21,751
<SALES>                                          6,437
<TOTAL-REVENUES>                                 6,507
<CGS>                                            3,231
<TOTAL-COSTS>                                    6,230
<OTHER-EXPENSES>                                  (80)
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 438
<INCOME-PRETAX>                                   (81)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                               (81)
<DISCONTINUED>                                   (111)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     (192)
<EPS-PRIMARY>                                    (.24)
<EPS-DILUTED>                                    (.24)
        

</TABLE>


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