UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
Amendment No. 1
[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___________________
Commission file number _________________________0-3037__________________________
___________________________WILLIAM_H._SADLIER,_INC._____________________________
(Exact name of registrant as specified in its charter)
__________New_York________________ __________13-5363840____________
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
_____9_Pine_Street,_New_York,_New_York_____________________10005-1002___________
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code ____(212)_227-2120___________
_________________________________Not_Applicable_________________________________
Former name, former address and former fiscal year, if changed since last
report.
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 April 30, 1995.
Common stock, par value $0.25 per share: 894,296 shares outstanding.
This amendment has been filed to include a Financial Data Schedule
as Exhibit 27 to the Form 10-Q for the three months ended
March 31, 1995.
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.
_WILLIAM_H._SADLIER,_INC._
(Registrant)
__June_27,_1995__ By:/s/_Frank_S._Dinger_________________
(Date) Frank S. Dinger
Chairman of the Board and
Chief Operating Officer
__June_27,_1995__ By: /s/_Henry_E._Christel________________
(Date) Henry E. Christel
Vice President, Treasurer
Principal Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 336,514
<SECURITIES> 0
<RECEIVABLES> 1,229,378
<ALLOWANCES> 191,496
<INVENTORY> 3,157,907
<CURRENT-ASSETS> 7,073,964
<PP&E> 1,965,780
<DEPRECIATION> 826,227
<TOTAL-ASSETS> 15,753,222
<CURRENT-LIABILITIES> 6,247,495
<BONDS> 0
<COMMON> 225,000
0
0
<OTHER-SE> 8,963,927
<TOTAL-LIABILITY-AND-EQUITY> 15,753,222
<SALES> 844,959
<TOTAL-REVENUES> 844,959
<CGS> 818,173
<TOTAL-COSTS> 4,275,890
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 45,303
<INCOME-PRETAX> (3,459,704)
<INCOME-TAX> (1,488,000)
<INCOME-CONTINUING> (1,971,704)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,971,704)
<EPS-PRIMARY> (2.21)
<EPS-DILUTED> (2.21)
</TABLE>
