NATIONAL STANDARD CO
10-Q/A, 1998-09-09
STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS
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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549
          FORM 10-Q   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                                    FORM 10-Q
                                (Amendment No. 1)


For the period ended                                       March 31, 1998 
                                                                    

Commission file number                                        1-3940 
                                                                      

                            National-Standard Company
              (Exact name of registrant as specified in its charter)

          Indiana                                                 38-1493458
  (State or other jurisdiction of             (IRS Employer Identification No.)
   incorporation or organization)

  1618 Terminal Road, Niles, Michigan                          49120
(Address of principal executive offices)                    (Zip Code)

                                 (616) 683-8100
              (Registrant's telephone number, including area code)



Indicate by check mark whether 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.
                                                         [X] Yes  [  ] No



Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

        Title of Each Class            Shares Outstanding at May 1, 1998
   Common Stock, $ .01 par value                   5,235,412



Part II.  OTHER INFORMATION

       Item 4.  Submission of Matters to a Vote of Security Holders

                 (a)  The Annual Meeting of Shareholders of the Registrant was
held on January 22, 1998.

                 (b)  Not applicable.

                 (c)  1.  Set forth below is the tabulation of the votes on 
each nominee for election as a director to serve until the annual meeting in
2001:

                                                              WITHHOLD
                      NAME                      FOR           AUTHORITY

                      David F. Craigmile      4,635,255       443,232
                      Ranko Cucuz             4,638,970       439,517
                      Donald F. Walter        4,581,384       497,103

                      2.  The 1993 National-Standard Stock Option Plan 
Allocation of Additional Shares was approved as follows:

                      FOR                   AGAINST            WITHHELD

                      3,532,464               516,967           15,063
                
                      3.  The Shareholder Proposal was not approved as follows:

                      FOR                   AGAINST            WITHHELD

                        756,681             3,127,042           29,237

                (d)  Not applicable.


                                   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-STANDARD COMPANY                
                                   Registrant

Date        September  3, 1998                               
                                   /s/ M.B. Savitske        
                                   M. B. Savitske
                                   President and Chief Executive Officer



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