STANDARD MICROSYSTEMS CORP
5, 1996-09-03
COMPUTER COMMUNICATIONS EQUIPMENT
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FORM 5                                                            
[ ]Check box if no longer         U.S. SECURITIES AND EXCHANGE COMMISSION 
   subject to Section 16.                 Washington, D.C. 20549              
   Form 4 or Form 5        ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
   obligations may         Filed pursuant to Section 16(a) of the Securities   
   continue.  See          Exchange Act of 1934, Section 17(a) of the Public 
   Instruction 1(b).       Utility Holding Company Act of 1935 or Section 30(f)
[ ]Form 3 Holdings                 of the Investment Company Act of 1940
   Reported          
[ ]Form 4 Transactions 
   Reported              
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1. Name and Address of Reporting Person* 
Berezin                  Evelyn                 
(Last)                   (First)             (Middle)
		    10 Tinker Lane
			(Street)
East Setauket              NY                  11733
(City)                   (State)               (Zip)
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2. Issuer Name and Ticker or Trading Symbol

   Standard Microsystems Corporation/SMSC
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year

   02/96
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5. If Amendment, Date or Original (Month/Year)
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6. Relationship of Reporting Person to Issuer 
   (Check all applicable)

       x      Director                                    10% Owner
  ----------                                   ----------
	      Officer (give title below)                   Other
  ----------                                   ---------- (specify
							   below)
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7. Individual or Joint/Group Filing 
   (Check applicable line)

X  Form Filed by one Reporting Person
- ---
   Form Filed by more than one Reporting Person
- ---
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Table I - Non-Derivative Securties Acquired, Disposed of, or Beneficially Owned

<TABLE>
<CAPTION>
							  

1. Title of security     2.Transaction     3.Transaction      4.Securities       5.Amount of         6.Ownership     7.Nature of
   (Inst.3)                Date              Code               Acquired (A)       Securities          Form:           Indirect
			  (Month/Day/Year)   (Instr. 8)         or Disposed        Beneficially        Direct (D)      Beneficial
								of (D) (Instr.     Owned at End        Indirect (I)    or Ownership
								3,4, and 5)        of Issuer's         (Instr. 4)      (Instr. 4)
										   Fiscal Year            
										 (Instr. 3 and 4) 
							    Amount    (A)  Price    
								       or
								      (D)
<S>                       <C>                <C>            <C>       <C>  <C>     <C>                 <C>             <C>



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</TABLE>
*If the form is filed by more than one Reporting Person, see Instruction 
 4(b)(v).
Reminder:  Report  on  a  separate  line  for  each  class of securities
beneficially owned directly or indirectly. 
					   (Print or Type Responses)
<PAGE>

FORM 5 (Continued)   Table II-Derivative Securities Acquired, Disposed of,
		  or Beneficially Owned (e.g. puts, call, warrants, options, 
				 convertible securities)
<TABLE>
<CAPTION>

 1. Title of      2.   Conversion or     3. Transaction  4.Transaction  5. Number of        6.Date               
    Derivative         Exercise Price       Date           Code (Instr.    Derivative         Exercisable          
    Security           of Derivative       (Month/         8)              Securities         and Expiration       
    (Instr.3)          Security             Day/Year)                      Acquired (A)       Date                 
									   or Disposed        (Month/Day/Year)    
									   (D) (Instr.3,                           
									   4 and 5)         Date         Expiration
									  (A)      (D)      Exercisable  Date

<S>                    <C>                  <C>               <C>         <C>       <C>     <C>          <C>               
Director Stock Option
  (Right to buy)       $14.88               7/7/94*           A           3,334             7/7/95       7/6/99
Director Stock Option
  (Right to buy)       $14.88               7/7/94*           A           3,333             7/7/96       7/6/99
Director Stock Option
  (Right to buy)       $14.88               7/7/94*           A           3,333             7/7/97       7/6/99

<CAPTION>                

 7.Title and           8.Price of             9.Number of            10.Ownership     11.Nature
   Amount of             Derivative             Derivative              Form of          of
   Underlying            Security               Securities              Derivative       Indirect
   Securities            (Instr. 5)             Beneficially            Security:        Beneficial
   (Instr.3                                     Owned at End            Direct (D)       Ownership
   and 4)                                       of Year                 or               (Instr.4)
						(Instr.4)               Indirect (I)
									(Instr.4)
   Title    Number           
	    of Shares           
  
   <S>      <C>          <C>                    <C>                     <C>              <C>
  
   Common   3,334                               3,334                   D
    Stock
   Common   3,333                               3,333                   D
    Stock
   Common   3,333                               3,333                   D
    Stock

Explanation of Responses:  

*Granted 7/7/94 subject to approval at 1995 stockholders meeting.
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</TABLE>
**Intentional misstatements or omissions of facts constitute Federal   
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note. File three copies of this form, one of which must be manually
signed.  If space provided is insufficient,
see Instruction 6 for procedure.



   /s/Evelyn Berezin                              August 12, 1996
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   **Signature of Reporting Person                           Date



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