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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
Amendment No. 1
(Mark One)
(X) QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH
_____
31, 1995 OR
________
( ) TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE
ACT FOR THE TRANSITION PERIOD FROM __________ TO __________
Commission file number 0-439
_________________________________________
American Locker Group Incorporated
_______________________________________________________________
(Exact name of small business issuer as specified in its charter)
Delaware 16-0338330
____________________________ _______________________________
(State of other jurisdiction (I.R.S. Employer Identification
of incorporation or Number)
organization)
15 West Second Street, Jamestown, New York 14701
________________________________________________________________
(Address of principal executive offices)
(Zip Code)
(716) 664-9600
________________________________________________________________
(Registrant's telephone number, including area code)
________________________________________________________________
(Former name, former address and former fiscal year, if changed
since last report)
Check whether the issuer (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 ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS:
Check whether the registrant filed all documents and reports
required to be filed by Section 12, 13 or 15(d) of the Exchange
Act after the distribution of securities under a plan confirmed
by a court.
Yes ___ No ___ Not Applicable
APPLICABLE ONLY TO CORPORATE ISSUERS:
State the number of shares outstanding of each of the issuer's
class of common stock equity as of the latest practicable date:
MAY 1, 1995
___________
Common Stock $1.00 par value - 858,876
Transitional Small Business Disclosure (check one) Yes ___ No X
__
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PART II
Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits
Exhibit 27 Financial Data Schedule
(b) Reports on Form 8-K
None
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S I G N A T U R E
- - - - - - - - -
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.
AMERICAN LOCKER GROUP INCORPORATED
__________________________________
(Registrant)
By /s/ Harold J. Ruttenberg
_________________________________
Harold J. Ruttenberg
Chairman, Chief Executive Officer,
Treasurer and Principal Accounting
Officer
Date June 28, 1995
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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from SEC Form 10
- - QSB 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-END> MAR-31-1995
<CASH> 388,379
<SECURITIES> 0
<RECEIVABLES> 3,011,026
<ALLOWANCES> 75,967
<INVENTORY> 2,991,402
<CURRENT-ASSETS> 7,001,424
<PP&E> 6,947,851
<DEPRECIATION> 6,032,267
<TOTAL-ASSETS> 7,917,008
<CURRENT-LIABILITIES> 3,195,923
<BONDS> 0
<COMMON> 858,876
0
0
<OTHER-SE> 2,817,793
<TOTAL-LIABILITY-AND-EQUITY> 7,917,008
<SALES> 7,080,084
<TOTAL-REVENUES> 7,080,084
<CGS> 4,702,320
<TOTAL-COSTS> 5,900,018
<OTHER-EXPENSES> 59,672
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 1,215,166
<INCOME-TAX> 548,401
<INCOME-CONTINUING> 666,765
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 666,765
<EPS-PRIMARY> .78
<EPS-DILUTED> .78
</TABLE>
