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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Penn Engineering and Manufacturing Corp.
______________________________________________________________________________
(Name of Issuer)
Common Stock
______________________________________________________________________________
(Title of Class of Securities)
707389102
______________________________________________________________________________
(CUSIP Number)
Check the following box if a fee is being paid with this statement X
CUSIP No.
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of above
persons
PNC Bank Corp. 25-143-5979
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a)
b)
3) SEC USE ONLY
4) Citizenship or Place of Organization Pennsylvania
Number of Shares 5) Sole Voting Power 98,772
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 0
7) Sole Dispositive Power 0
8) Shared Dispositive Power 98,472
9) Aggregate Amount Beneficially Owned by Each Reporting Person
98,772
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
11) Percent of Class Represented by Amount in Row (9) 5.79
12) Type of Reporting Person (See Instructions) HC
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Penn Engineering and Manufacturing Corp.
______________________________________________________________________________
(Name of Issuer)
Common Stock
______________________________________________________________________________
(Title of Class of Securities)
707389102
______________________________________________________________________________
(CUSIP Number)
Check the following box if a fee is being paid with this statement X
CUSIP No.
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of
above persons
PNC Bank, National Association
2) Check the Appropriate Box if a Member of a Group (See Instructions)
a)
b)
3) SEC USE ONLY
4) Citizenship or Place of Organization United States
Number of Shares 5) Sole Voting Power 98,772
Beneficially Owned
By Each Reporting
Person With 6) Shared Voting Power 0
7) Sole Dispositive Power 0
8) Shared Dispositive Power 98,472
9) Aggregate Amount Beneficially Owned by Each Reporting Person
98,772
10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
11) Percent of Class Represented by Amount in Row (9) 5.79
12) Type of Reporting Person (See Instructions) BK
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Item 1(a) - Name of Issuer:
Penn Engineering and Manufacturing Corp.
Item 1(b) - Address of Issuer's Principal Executive Offices:
510 Old Easton Road, P.O. Box 1000, Danboro, PA 18916
Item 2(a) - Name of Person Filing:
PNC Bank Corp./PNC Bank, National Association
Item 2(b) - Address of Principal Business Office, or if None, Residence:
PNC Bank Corp. PNC Bank, N.A.
Fifth Avenue and Wood Street Fifth Avenue and Wood Street
Pittsburgh, PA 15222 Pittsburgh, PA 15222
Item 2(c) - Citizenship:
Pennsylvania United States
Item 2(d) - Title of Class of Securities:
Common Stock
Item 2(e) - CUSIP No.:
707389102
Item 3 - Statement Filed Pursuant to Rule 13d-1(b) or Rule 13d-2(b):
Parent Holding Company; Bank
Item 4 - Ownership:
(a) Amount Beneficially Owned:
98,772
(b) Percent of Class:
5.79
(c) Number of shares to which such person has:
(i) sole power to vote or to direct the vote 98,772
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 0
(iv) shared power to dispose or to direct the disposition of 98,472
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Item 5 - Ownership of Five Percent or Less of a Class:
Not applicable
Item 6 - Ownership of More than Five Percent on Behalf of Another
Person:
Not applicable
Item 7 - Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding Company:
PNC Bank, N.A. - National Banking Association
Item 8 - Identification and Classification of Members of the Group:
Not applicable
Item 9 - Notice of Dissolution of Group:
Not applicable
Item 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.
Signature.
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.
February 14, 1994
_____________________________________________________________________
Date
_____________________________________________________________________
Signature
/s/ Howard I. Verbofsky, Managing Counsel
____________________________________________________________________
Name/Title
____________________________________________________________________
Date
____________________________________________________________________
Signature
____________________________________________________________________
Name/Title
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Item 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 haying such purposes or effect.
Signature.
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.
February 14, 1994
_____________________________________________________________________
Date
_____________________________________________________________________
Signature
/s/ Michelle A. O'Donnell, Assistant Vice President and Assistant
Regulatory Counsel
_____________________________________________________________________
Name/Title
_____________________________________________________________________
Date
_____________________________________________________________________
Signature
_____________________________________________________________________
Name/Title
