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FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION |---------------------------|
- ------ Washington D.C. 20549 | OMB APPROVAL |
|---------------------------|
[ ] Check this box if STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |OMB Number 3235-0287|
no longer Subject |Expires: September 30, 1998|
to Section 16. Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, |Estimated ave. burden |
Section 17(a) of the Public Utility Holding Company Act of 1935 or |hours per response......0.5|
Section 30(f) of the Investment Company Act 1940 |---------------------------|
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|1.Name and Address of Reporting Person* |2.Issuer Name and Ticker or Trading Symbol |6.Relationship of Reporting Person to |
| | | Issuer (Check all Applicable) |
| Weber Alfred | C&D TECHNOLOGIES, INC. (CHP) | |
|----------------------------------------|---------------------------------------------| _X_ Director ___ Owner |
| (Last) (First) (MI) |3.IRS or Soc. Sec. No.|4.Statement for Month/| |
| | of Reporting Person | Year | _X_ Officer (give ___ Other |
| | (Voluntary) | | title below) (Specify below)|
| 2583 Cold Spring Road | | 9/98 | Chairman of the Board, |
| | | | President and CEO |
|----------------------------------------| |----------------------|---------------------------------------|
| (Street) | |5.If Amendment,Date of|7.Individual or Joint/Group Filing |
| | | Original (Month/Year)| (Check Applicable Line) |
| | | | |
| | | | _X_ Form filed by One Reporting Person|
| | | | |
| Lansdale PA 19446 | | | Form filed by More than One |
| | | | ___ Reporting Person |
|----------------------------------------|----------------------|----------------------|---------------------------------------|
| (City) (State) (Zip) |
| TABLE I - Non-Derivative Securities Acquired, Disposed of or Beneficially Owned |
|------------------------------------------------------------------------------------------------------------------------------|
|1.Title of Security |2.Transac- |3.Trans. |4.Security Acquired (A) or |5.Amount of |6. |7.Nature of |
| (Instr. 3) | tion Date | Code | Disposed of (D) | Securities |Ownership| Indirect |
| | (Mon/Day/Yr)|(Instr. 8)| (Instr. 3, 4 & 5) | Beneficially |Form Dir.| Beneficial |
| | | | | | | | Owned at End |(D) or | Ownership |
| | | | | |(A) | | of Month |Ind. (I) | (Instr. 4) |
| | |Code | V | Amount |(D) | Price | (Instr. 3&4) | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
| | | | | | | | | | |
| Common Stock - Split | 7/24/98 | M | | 73,590 | A | (1) | 147,180 | D | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| | | | | | | | | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| | | | | | | | | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| | | | | | | | | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| | | | | | | | | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| | | | | | | | | | |
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</TABLE>
(1) On July 24, 1998, the Issuer's common stock split two-for-one in the form of
a 100% stock dividend, resulting in the reporting person's acquisition of
73,590 additional shares of common stock.
Reminder: Report of a separate line for each class securities owned directly or
indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v)
PAGE: 1 of 2
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FORM 4 (continued) TABLE II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, covertible security)
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|1.Title of|2.Conver-|3. |4.Tran- |5.Number of |6.Date |7.Title and Amount |8.Price of|9.Number |10. |11.Nature |
|Derivative|sion or |Trans|saction | Derivative |Exercisable| or Underlying |Derivative| of |Own.| of |
|Security |Exercise |Date |Code | Securities |and | Securities |Security |Derivative|Form| Indirect |
|(Instr. 3)|Price of |(Mon/|(Instr.8)| Acquired (A) or|Expiration | (Instr. 3 & 4) |(Instr. 5)|Securities|of |Beneficial|
| |Deriva- |Day/ | | Disposed of (D)|Date | | |Benefi- |Deri|Ownership |
| |tive |Year)| | (Instr. 3, 4&5)|(Mon/Day/ | | |cially |Sec.|(Instr. 4)|
| |Security | | | | Year) | | |Owned at |Dir.| |
| | | | | |-----------|---------------------| |End of |(D) | |
| | | | | | | | |Amount or | |Month |or | |
| | | |---------|-----------------|Date |Exp. | Title |Number of | |(Instr. 4)|Ind.| |
| | | |Code| V | (A) | (D) |Exbl.|Date | |Shares | | |(I) | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
|Employee | | | | | | | | | | | | | | |
|Stock | | | | | | | | | | | | | | |
|Opt. Right| |9/29 | | | | | |9/29/| | | | | | |
|to Buy |23.3125 | /98 | A | | 30,000| A | (2) |2008 |Common | 30,000 | 23.3125 | 30,000 | D | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
|Employee | | | | | | | | | | | | | | |
|Stock | | | | | | | | | | | | | | |
|Opt. Right| | | | | | | |5/13/| | | | | | |
|to Buy | 4.125 |(3) | M | | (3) | (3) | (3) |2002 |Common | (3) | 4.125 | 60,000 | D | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
|Employee | | | | | | | | | | | | | | |
|Stock | | | | | | | | | | | | | | |
|Opt. Right| | | | | | | |1/27/| | | | | | |
|to Buy | 2.625 |(4) | M | | (4) | (4) | (4) |2003 |Common | (4) | 2.625 | 60,000 | D | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
|Employee | | | | | | | | | | | | | | |
|Stock | | | | | | | | | | | | | | |
|Opt. Right| | | | | | | |4/26/| | | | | | |
|to Buy | 6.00 |(5) | M | | (5) | (5) | (5) |2004 |Common | (5) | 6.00 | 100,000 | D | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
|Employee | | | | | | | | | | | | | | |
|Stock | | | | | | | | | | | | | | |
|Opt. Right| | | | | | | |10/30| | | | | | |
|to Buy |12.00 |(6) | M | | (6) | (6) | (6) |/2006|Common | (6) | 12.00 | 68,000 | D | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
|Employee | | | | | | | | | | | | | | |
|Stock | | | | | | | | | | | | | | |
|Opt. Right| | | | | | | |9/30/| | | | | | |
|to Buy |22.9375 |(7) | M | | (7) | (7) | (7) |2007 |Common | (7) | 22.9375 | 24,000 | D | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
</TABLE>
Explanation of Responses:
(2) Option to buy shares of C&D TECHNOLOGIES, INC. Common Stock exercisable
33 1/3% on 9/29/1999, 33 1/3% on 9/29/2000 and 33 1/3% on 9/29/2001.
(3) This option was previously reported as covering 30,000 shares at an exercise
price of $8.25 per share, but was adjusted to reflect a two-for-one split in
the form of a 100% stock dividend on July 24, 1998.
(4) This option was previously reported as covering 30,000 shares at an exercise
price of $5.25 per share, but was adjusted to reflect a two-for-one split in
the form of a 100% stock dividend on July 24, 1998.
(5) This option was previously reported as covering 50,000 shares at an exercise
price of $12.00 per share, but was adjusted to reflect a two-for-one split
in the form of a 100% stock dividend on July 24, 1998.
(6) This option was previously reported as covering 34,000 shares at an exercise
price of $24.00 per share, but was adjusted to reflect a two-for-one split
in the form of a 100% stock dividend on July 24, 1998.
(7) This option was previously reported as covering 12,000 shares at an exercise
price of $45.875 per share, but was adjusted to reflect a two-for-one split
in the form of a 100% stock dividend on July 24, 1998.
/s/ Alfred Weber 10/9/98
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**Signature of Reporting Person Date
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.