SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________________
FORM 10-Q/A
Amendment No. 1 to
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 0-4979
SQUARE INDUSTRIES, INC.
______________________________________________________________________
(Exact name of Registrant as specified in its Charter)
NEW YORK 13-2610905
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
921 Bergen Avenue, Jersey City, New Jersey 07306
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (201) 798-0090
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 issuer was
required to file such reports), and (2) has been subject to filing requirements
for the past 90 days.
Yes [X] No [ ]
Shares of Common Stock outstanding at March 31, 1995: 1,166,356
<PAGE>
PART II--OTHER INFORMATION
Item 6. --Exhibits and Report on Form 8-K
(a) Exhibits
27 - Financial Statement Schedule
(b) A Report on Form 8-K dated January 11, 1995 providing information
under Item 8 was filed during the quarter ended March 31, 1995.
<PAGE>
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.
SQUARE INDUSTRIES, INC.
/s/Sanford Harwood
Sanford Harwood
Assistant Chairman
Dated: June 30, 1995
<PAGE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED CONSOLIDATED BALANCE SHEET AS OF MARCH 31, 1995 AND THE UNAUDITED
STATEMENT OF INCOME FOR THE THREE MONTHS THEN ENDED CONTAINED IN THE REPORT ON
FORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31, 1995 OF SQUARE INDUSTRIES, INC.
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 1,945,000
<SECURITIES> 0
<RECEIVABLES> 560,000
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 5,275,000
<PP&E> 25,038,000
<DEPRECIATION> 0
<TOTAL-ASSETS> 34,209,000
<CURRENT-LIABILITIES> 8,216,000
<BONDS> 0
<COMMON> 12,000
0
0
<OTHER-SE> 4,471,000
<TOTAL-LIABILITY-AND-EQUITY> 34,209,000
<SALES> 0
<TOTAL-REVENUES> 16,291,000
<CGS> 0
<TOTAL-COSTS> 13,687,000
<OTHER-EXPENSES> 1,864,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 488,000
<INCOME-PRETAX> 252,000
<INCOME-TAX> 146,000
<INCOME-CONTINUING> 106,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 106,000
<EPS-PRIMARY> .09
<EPS-DILUTED> .09
</TABLE>
