SCHMITT INDUSTRIES INC
10-Q, EX-27, 2000-10-16
INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL
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<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5
<LEGEND>
The consolidated balance sheets and consolidated statements of income
found on pages 3 and 4 of the Company's Form 10-Q for the year-to-date,
and is qualified in its entirety by reference to such financial
statements.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          MAY-31-2001
<PERIOD-START>                             JUN-01-2000
<PERIOD-END>                               AUG-31-2000
<CASH>                                       1,003,911
<SECURITIES>                                         0
<RECEIVABLES>                                1,329,053
<ALLOWANCES>                                         0
<INVENTORY>                                  5,006,090
<CURRENT-ASSETS>                             7,487,256
<PP&E>                                       2,557,343
<DEPRECIATION>                                 948,472
<TOTAL-ASSETS>                              11,471,849
<CURRENT-LIABILITIES>                          758,309
<BONDS>                                              0
                                0
                                          0
<COMMON>                                     7,943,321
<OTHER-SE>                                   2,770,219
<TOTAL-LIABILITY-AND-EQUITY>                11,471,849
<SALES>                                      1,942,990
<TOTAL-REVENUES>                             1,942,990
<CGS>                                          766,129
<TOTAL-COSTS>                                1,905,593
<OTHER-EXPENSES>                                 6,741
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 44,138
<INCOME-TAX>                                    15,000
<INCOME-CONTINUING>                             29,138
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    29,138
<EPS-BASIC>                                       0.00
<EPS-DILUTED>                                     0.00


</TABLE>


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