<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
LIFSCHULTZ INDUSTRIES, INC. FINANCIAL STATEMENTS CONTAINED IN THIS REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENT.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUL-31-2001
<PERIOD-END> OCT-31-2000
<CASH> 772,000
<SECURITIES> 1,008,000
<RECEIVABLES> 2,941,000
<ALLOWANCES> 0
<INVENTORY> 4,950,000
<CURRENT-ASSETS> 9,964,000
<PP&E> 3,714,000
<DEPRECIATION> 0
<TOTAL-ASSETS> 17,362,000
<CURRENT-LIABILITIES> 2,277,000
<BONDS> 0
0
0
<COMMON> 1,000
<OTHER-SE> 12,759,000
<TOTAL-LIABILITY-AND-EQUITY> 17,362,000
<SALES> 4,629,000
<TOTAL-REVENUES> 4,629,000
<CGS> 2,689,000
<TOTAL-COSTS> 2,689,000
<OTHER-EXPENSES> 1,577,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 58,000
<INCOME-PRETAX> 305,000
<INCOME-TAX> 121,000
<INCOME-CONTINUING> 184,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 184,000
<EPS-BASIC> 0.16
<EPS-DILUTED> 0.14
</TABLE>