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FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION
- ------ Washington D.C. 20549
[ ] Check this box if STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
no longer Subject
to Section 16. Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
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 | | 12/98 | |
| | | | Chairman of the Board 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>
| | | | | | | | | | |
| Common Stock | 12/2/98 | M | | 30,000 | A | 2.625 | | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| Common Stock | 12/2/98 | S | | 20,000 | D | 28.7884 | | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| Common Stock | 12/3/98 | S | | 10,000 | D | 28.9687 | | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| Common Stock | 12/4/98 | M | | 20,000 | A | 2.625 | | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| Common Stock | 12/4/98 | S | | 11,000 | D | 29.2500 | | | |
|----------------------------|-------------|-----|----|---------------|----|---------|---------------|---------|---------------|
| | | | | | | | | | |
| Common Stock | 12/7/98 | S | | 9,000 | D | 29.3006 | 147,180 | D | |
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</TABLE>
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)
SEC1474(7-96)
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>
|Employee | | | | | | | | | | | | | | |
|Stock | | | | | | | | | | | | | | |
|Opt. Right| |12/2 | | | | | |1/27/| | | | | | |
|to Buy | 2.625 | 98 | M | | 30,000 | D | (1) |2003 |Common | 30,000 | | | | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
|Employee | | | | | | | | | | | | | | |
|Stock | | | | | | | | | | | | | | |
|Opt. Right| |12/4 | | | | | |1/27/| | | | | | |
|to Buy | 2.625 | 98 | M | | 20,000 | D | (1) |2003 |Common | 20,000 | | -0- | D | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
|----------|---------|-----|----|----|--------|--------|-----|-----|----------|----------|----------|----------|----|----------|
</TABLE>
Explanation of Responses:
(1) Option to buy shares of C&D TECHNOLOGIES, INC. Common Stock exercisable
50% on 1/31/94 and 50% on 1/31/95.
/s/ Alfred Weber 1/5/99
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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.
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SEC1474 (7-96)
