FORM 10-Q/A
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
AMENDMENT TO QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For quarter ended March 31, 1995 Commission file number 0-305
NATIONAL PROPERTIES CORPORATION
(Exact name of registrant as specified in its charter)
Iowa 42-0860581
(State of other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
4500 Merle Hay Road, Des Moines, Iowa 50310
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (515) 278-1132
Indicate by check mark 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, and (2) has been subject to such filing
requirement for the past 90 days.
Yes __X__ No _____
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
COMMON STOCK (PAR VALUE $1.00)
459,745 SHARES AS OF April 30, 1995
<PAGE>
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.
NATIONAL PROPERTIES CORPORATION
Date 6/23/95 By______________________________
Raymond Di Paglia, President
Date 6/23/95 By______________________________
Robert W. Guely, Vice President
and Chief Financial Officer
This amendment is being filed to supply Exhibit 27, Financial Data Schedule
(electronic filing only), which was not included with the original submission.
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> MAR-31-1995
<CASH> 166,010
<SECURITIES> 1,675,400
<RECEIVABLES> 6,734
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 184,081
<PP&E> 24,447,026
<DEPRECIATION> 6,954,940
<TOTAL-ASSETS> 19,394,352
<CURRENT-LIABILITIES> 907,633
<BONDS> 0
<COMMON> 459,745
0
0
<OTHER-SE> 11,426,753
<TOTAL-LIABILITY-AND-EQUITY> 19,394,352
<SALES> 0
<TOTAL-REVENUES> 837,924
<CGS> 0
<TOTAL-COSTS> 481,238
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 169,237
<INCOME-PRETAX> 356,686
<INCOME-TAX> 128,000
<INCOME-CONTINUING> 228,686
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 228,686
<EPS-PRIMARY> .50
<EPS-DILUTED> .50
</TABLE>
