AMENDMENT NUMBER 1
To add missing Financial Data Schedule as Exhibit 27 to the filing.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM 10-Q
Quarterly Report Under Section 13 or 15(d)
of the Securities Exchange Act of 1934
________________________________
For the Quarter ended September 30,1996 Commission File Number 1-5447
PITTSBURGH & WEST VIRGINIA RAILROAD
Pennsylvania 25-6002536
(State of Organization) (I.R.S. Employer Identification No.)
Telephone -(304)926-1124*
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 (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
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the close of the period covered by this
report.
1,510,000 shares of beneficial interest, without par value.
___________________________
* Notices and communications from the Securities and Exchange Commission
for the registrant may be sent to Robert A. Hamstead, Secretary and
Treasurer, #2 Port Amherst Drive, Charleston, WV 25306.
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.
PITTSBURGH & WEST VIRGINIA RAILROAD
01/10/97 Herbert E. Jones, Jr.
(Signature)
Chairman of the Board
01/10/97 Robert A. Hamstead
(Signature)
Secretary and Treasurer
Date: January 10, 1997
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<CASH> 24
<SECURITIES> 0
<RECEIVABLES> 9150
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 9174
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 9174
<CURRENT-LIABILITIES> 14
<BONDS> 0
0
0
<COMMON> 9145
<OTHER-SE> 15
<TOTAL-LIABILITY-AND-EQUITY> 9174
<SALES> 458
<TOTAL-REVENUES> 458
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 47
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 0
<INCOME-TAX> 0
<INCOME-CONTINUING> 411
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 411
<EPS-PRIMARY> .27
<EPS-DILUTED> .27
</TABLE>
