RYAN BECK & CO INC
10-Q/A, 1995-08-04
SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES
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                            FORM 10-Q - AMENDED
                                     
                    SECURITIES AND EXCHANGE COMMISSION
                                     
                          WASHINGTON, D.C. 20549

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

For the quarterly period ended March 31, 1995

                                    OR

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

                         For the transition period
          from_______________________to_________________________

Commission file number: 0-14684

                          RYAN, BECK & CO., INC.
          (Exact name of registrant as specified in its charter)

      New Jersey                                        22-1773796
(State or other jurisdiction of                      (I.R.S. Employer
incorporation or organization)                     Identification No.)

                80 Main Street, West Orange, New Jersey 07052
                  (Address of principal executive offices)

                  201-325-3000 (Issuer's telephone number)

___________________________________________________________________________
________
(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
during the past 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__________

                   APPLICABLE ONLY TO CORPORATE ISSUERS:
                                     
At May 8, 1995 there were 3,090,774 shares of Common Stock, par value $. 10
per share, outstanding.

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant has
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.


RYAN, BECK & CO., INC.

By:/s/Allen S. Greene
Allen S. Greene
President and Chief Executive Officer

/s/Leonard J. Stanley
Leonard J. Stanley
First Vice President
Chief Financial Officer
(Principal Financial and Accounting Officer)


Dated:


August 2, 1995

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 5
<MULTIPLIER> 1000
<LEGEND>
This schedule contains summary information extracted from the March 31, 1995 
10-Q and is qualified in its entirety by reference to such financial
statements.
[/LEGEND]
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                             290
<SECURITIES>                                     15476
<RECEIVABLES>                                      471
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                   757
<PP&E>                                            3000
<DEPRECIATION>                                    2296
<TOTAL-ASSETS>                                   17698
<CURRENT-LIABILITIES>                             6441
<BONDS>                                              0
<COMMON>                                           309
                                0
                                         44
<OTHER-SE>                                       10904
<TOTAL-LIABILITY-AND-EQUITY>                     17698
<SALES>                                           5533
<TOTAL-REVENUES>                                  5533
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                  5188
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  58
<INCOME-PRETAX>                                    287
<INCOME-TAX>                                       100
<INCOME-CONTINUING>                                187
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       187
<EPS-PRIMARY>                                      .05
<EPS-DILUTED>                                      .05
        

</TABLE>


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