SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549

        

                                  FORM  10-QSB/A

                 QUARTERLY REPORT UNDER SECTION 13 OR 15 (D) OF
                      THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 1996, Commission file number    
0-4939

                                                                            

                                ELECTRIC M & R INC                      
                 (Name of small business issuer in its charter)

        Delaware                                           25-1197808     
  (State or other jurisdiction of                      (I. R. S. Employer
  incorporation or organization)                       Identification No.)
 
                        2025 Milford Drive, Bethel Park,
                     Allegheny County, Pennsylvania   15102
                    (address of principal executive offices)


Issuer's Telephone Number:                                412-831-6101

        Securities registered under section 12 (b) of the Exchange Act:
                                      NONE

           SECURITIES REGISTERED PURSUANT TO SECTION 12 (g) OF THE ACT:

                         Common Stock, $1.00 Par Value 
                                (Title Of Class)

Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15 (d) of the Exchange Act of 1934 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 requirement for the past
90 days.

                         Yes_____X_____ No___________ 


Registrant has one class of common stock as of March 31, 1996, the close of
the period covered by the report;  734,787 shares were outstanding.

                      DOCUMENTS INCORPORATED BY REFERENCE

     PART I   -   Financial Information      Pages -  1-6  
     PART II  -   Other Information          Pages -  7-8       


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                              ELECTRIC M & R INC.
                               TABLE OF CONTENTS
                                 March 31, 1996

                                   UNAUDITED

Part I     -    Financial Information

Balance Sheet             -March 31, 1996 and December 31, 1995.

Statement of Operations   -For the three months ended March 31, 1996 
                           and 1995.
Statement of Cash Flows   -For the three months ended March 31, 1996 and    
                           1995.
                                               
Notes to Financial Statements

Management's Discussion and Analysis



Part II  -  Other Information

     Item 1   -   Legal Proceedings
     Item 2   -   Not Applicable
     Item 3   -   Not Applicable
     Item 4   -   Not Applicable
     Item 5   -   Not Applicable
     Item 6   -   Exhibits and Report of Form 8-K 
















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Part 1, Item l
                              ELECTRIC M & R INC.
                                 BALANCE SHEET
                                   Unaudited

ASSETS                                       MAR. 31, 1996    DEC. 31, 1995 
                                                                        
Current Assets
    Cash and Cash Equivalents                 $713,449           $11,790
    Accounts Receivable-Net Allowance
      for Doubtful Accounts of $4,300          373,455           141,308
      and $9,000 Respectively
    Inventories-See Number 2                   837,838           870,361
    Note Receivable-Current                        -0-             3,671
    Other Current Assets                        21,866            36,747
                                            $1,946,608        $1,063,877

Property, Plant and Equipment
    Land                                        22,484            22,484
    Buildings                                  787,936           787,936
    Machinery and Equipment                  1,402,388         1,402,388
    Furniture and Fixtures                     197,470           193,047
                                            $2,410,278        $2,405,855
    Less:  Accumulated Depreciation        (2,072,296)       (2,059,538)
                                               337,982           346,317
                                                                            
   
Other Assets
    Assets Held For Resale                     377,435           789,439   
                                            $2,662,025        $2,199,633

LIABILITIES & SHAREHOLDERS' EQUITY
    Notes Payable Demand                      $136,000           $91,000
    Current Portion of Long Term Debt           28,478            29,866
    Notes Payable-Related Parties            1,071,276         1,107,890
    Accounts Payable                           253,788           183,247
Accrued Expenses:
    Salaries, Wages, Vacations & Taxes          29,310             8,741
    Interest-Related Parties                 1,011,218         1,067,933
Other:
    Land Deposits                               12,000            12,000
    Income Tax Payable                         137,000            32,000
                                            $2,679,070        $2,532.677

Long Term Debt                                  12,229            18,082

SHAREHOLDERS' EQUITY (DEFICIT)
    Common Stock, $1.00 Par Value;
    2,000,000 Shares Authorized;
    734,783 Shares Issued & Outstanding        734,787           734,787
    Additional Paid in Capital               1,486,440         1,486,440
    Accumulated Deficit                    (2,250,501)       (2,572,353)
                                             ( 29,274)         (351,126)
                                            $2,662,025        $2,199,633
                                                                        




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Part 1, Item 2



                              ELECTRIC M & R INC.
                            STATEMENT OF OPERATIONS
                FOR THE THREE MONTHS ENDED MARCH 31, 1996 & 1995
                                   UNAUDITED

PROFIT AND LOSS INFORMATION        FOR THE 3 MONTHS ENDED MARCH 31, 
                                                           
                                                 1996             1995

REVENUES                                                                 
    Net Sales-Manufacturing                  $590,921          $815,507
    Sales of Real Estate                      973,000               -0-
    Other Income                                4,171           (1,457)
                                           $1,568,092          $814,050
                                                                           
COST AND EXPENSES
    Cost of Products Sold Manufacturing      $529,145          $662,699
    Cost of Real Estate Sold                  452,530               -0-
    Selling, General and Administrative       130,264           128,504
    Interest Expense                           29,301            30,983
Total Cost and Expenses                    $1,141,240          $822,186

PROVISION FOR INCOME TAX
    Income Tax                               $105,000              $-0-
                                                                       

NET INCOME (LOSS)                            $321,852          ($8,136)

NET INCOME PER SHARE OF COMMON STOCK
(Based on 734,787 and 734,787 shares of common
    stock outstanding)                          $0.44           $(0.01)


                        PROFIT PER SHARE OF COMMON STOCK

Per Share data for the three months ended March 31, 1996 and 1995, are
based upon the weighted average number of shares which were 734,787 and
734,787, respectively.


    
                                                                           

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Part 1, Item 3                ELECTRIC M & R INC.
                            STATEMENT OF CASH FLOWS
                          INCREASE (DECREASE) IN CASH
                                   UNAUDITED

               FOR THE THREE MONTHS ENDED MARCH 31,  
                                                 1996            1995
CASH FLOWS FROM OPERATING ACTIVITIES:
    Cash Received from Customers             $375,647          $742,148
    Cash Paid to Suppliers and Employees    (517,168)         (806,381)
    Interest Received                             -0-               -0-
    Interest Paid                            (86,016)          (15,143)
    Income Tax Paid                               -0-               -0-
    Net Cash Provided (Used) by Operating
     Activities                            $(227,537)         $(79,376)

CASH FLOWS FROM INVESTING ACTIVITIES:
    Proceeds from Sale of Real Estate        $973,000           $69,764
    Closing Costs Paid On Real Estate Sales  (40,526)               -0-
    Payments for Capital Expenditures         (4,423)           (7,220)     
    Net Cash Provided (Used) By Investing    $928,051           $62,544
      Activities                                     
CASH FLOWS FROM FINANCING ACTIVITIES:
    Proceeds from Additional Borrowings       $75,000          $120,000
    Principal Payments on Notes Payable      (73,855)          (27,544)
    Net Cash Provided (Used) by
      Financing Activities                     $1,145           $92,456
Net Increase (Decrease) in Cash and
    Cash Equivalents                         $701,659           $75,624

Cash and Cash Equivalents at Beginning 
    of Period                                  11,790             7,463

CASH AND CASH EQUIVALENTS AT END OF PERIOD   $713,449           $83,087

                    RECONCILIATION OF NET INCOME TO NET CASH
                    PROVIDED (USED) BY OPERATING ACTIVITIES

Net Income                                   $321,852          $(8,136)
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities:
    (Increase) Decrease in:
    Accounts Receivable                     (232,147)          (74,715)
    Inventory                                  32,523            44,532
    Notes Receivable                            3,671               -0-
    Other Current Assets                       14,881            31,762

    Increase (Decrease) in:
    Accounts Payable                           70,541          (98,565)
    Accrued Expenses                           68,854            10,243
    Depreciation Expenses                      12,758            12,690     
    Gain / Loss on Sale of Real Estate      (520,470)             2,813
    
Net Cash Provided (Used) by Operating
     Activities                            $(227,537)         $(79,376)


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Part 1, Item 4
                              ELECTRIC M & R INC.
                         NOTES TO FINANCIAL STATEMENTS
           FOR THE PERIODS ENDED MARCH 31, 1996 AND DECEMBER 31, 1995

    1.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

          Cash and Cash Equivalents-The Company considers all highly liquid 
          debt instruments purchased with a maturity of three months or     
          less to be cash equivalents.

          Inventories - Inventories are stated at the lower of cost (first-
          in, first-out method) or market.


          Property, Plant and Equipment - The cost of the assets is
          depreciated using the straight-line and accelerated methods over  
          their estimated useful lives for financial statement and tax      
          return purposes.
      
          Use of Estimates - The preparation of financial statements in     
          conformity with generally accepted accounting principles requires 
          management to make estimates and assumptions that affect the      
          reported amounts of assets and liabilities and disclosure of      
          contingent assets and liabilities at the date of the financial    
          statements and the reported amounts of revenues and expenses      
          during the reporting period.  Actual results could differ from    
          those estimates.

    2. INVENTORIES

         Inventories consist of the following for 1996 and 1995:

         Raw Materials   $428,410        $434,893
         Work in Progress 186,630         183,191
         Finished Goods   222,798         252,277
                         $837,838        $870,361

    3. LINE OF CREDIT

       In 1994, the Company established a $150,000 line of credit with
       Dollar Bank.  Borrowings bear interest at the bank's prime rate plus 
       1 1/2%.  The line of credit is personally guaranteed by the          
       principal shareholder of the Company.  At March 31, 1996 and         
       December 31, 1995, there had been $136,000 and $91,000 borrowed on   
       the line of credit.

    4. NOTES PAYABLE

       Demand notes payable to related parties in the amounts of $1,071,276 
       and $1,107,890 at March 31, 1996 and December 31, 1995,              
       respectively, consist of amounts due officer-shareholders of the     
       Company, and entities under their control.  These notes and amounts  
       bear interest at prime (8.25% at March 31, 1996 and 8.50% at         
       December 31, 1995) plus 1% with the exception of a $60,000 note      
       payable to an officer-shareholder at 10%, and a $20,000 notes        
       payable to an officer- shareholder at 8%. Accrued interest on these  
       notes was $1,011,218 and $1,067,933 at March 31,1996 and December    
       31, 1995 respectively.  


<PAGE>
Part 1, Item 4
                              ELECTRIC M & R INC.
                         NOTES TO FINANCIAL STATEMENTS
           FOR THE PERIODS ENDED MARCH 31, 1996 AND DECEMBER 31, 1995

    5. LONG-TERM DEBT

       Long-term debt consists of the following at March 31, 1996 and       
       December 31, 1995.
                                              1996          1995     
       8% mortgage payable to an individual      
       with final payment due March 15,1997.                                
       The note is secured by a building.   $21,146       $26,649
         
       8.49% note payable to Dollar Bank with
       final payment due September 18, 1998.  
       The note is secured by a vehicle.     19,561        21,299
                                            $40,707       $47,948

       Less:  Current Portion                28,478        29,866
                                            $12,229       $18,082

       Aggregate maturities of long-term debt subsequent to December 31,    
       1995 are as follows:       

         By:  December 31, 1996            $29,866
              December 31, 1997             11,774
              December 31, 1998              6,308 
                                           $47,948

    6. RELATED PARTY TRANSACTIONS

       During 1995 and 1994 the Company charged an affiliated Company owned 
       by an officer approximately $46,700 and $9,800 respectively, for     
       administrative and management services.  These amounts are included  
       in other income.

       In addition, interest expense for the periods ended March 31, 1996,  
       and December 31, 1995 pertaining to notes payable to related         
       parties, amounted to approximately $26,000 and $120,674,             
       respectively.

    7. ASSETS HELD FOR SALE

       The Company owns land in Puerto Rico that is being actively offered   
       for sale.  This land is recorded at the Company's cost, $377,435 and  
       $557,439 at September 30, 1996 and December 31, 1995, respectively,   
       which is estimated to be less than net realizable value, based upon
       an independent appraisal of the Puerto Rico land obtained February
       29, 1996.  There have been two Puerto Rico land sales in 1996.  The
       cost basis allocated to each land sale is based on the parcel's
       relative fair value to the total fair value of the land in Puerto
       Rico.  The company had previously allocated costs to Puerto Rico
       land sales in prior years using a gross profit percentage of 37%
       based upon management's assessment of the total gross profit of the
       Puerto Rican land.  This change has been accounted for as a change
       in estimate and results in an increase in net income of $ 272,336
       and an increase in earnings per share of $ 0.37.  The Company made
       this change in estimate to more accurately reflect the allocation
       of the remaining land costs to their relative fair values.
      
       The Company owned rental property in Irwin, Pennsylvania which was    
       being actively offered for sale.  During 1996, management of the      
       Company sold this property for $232,000.
<PAGE>
Part 1, Item 4     

                              ELECTRIC M & R INC.
                         NOTES TO FINANCIAL STATEMENTS
           FOR THE PERIODS ENDED MARCH 31, 1996 AND DECEMBER 31, 1995

    8. INCOME TAXES

       Significant components of income tax expense from continuing         
       operations consist of the following at March 31, 1996 and 1996.      

                                                                            
  
                                                  1996         1995        
          
              Current - State                 $    -0-       $  -0-
                      - Puerto Rico           $105,000       $  -0-
                                              $105,000       $  -0-
                                                   
       For Federal income tax reporting purpose, the Company has available  
       approximately $2,400,000 of net operating loss carry forwards as of  
       December 31, 1995.  If unused, these will expire in varying amounts  
       beginning in 1997 through 2010.

       For State income tax reporting purposes, the Company has $820,000 of 
       net operating loss carryforwards as of December 31, 1995.  If        
       unused, these amounts will expire in varying amounts beginning in    
       1996 and 997.

       These losses result in a deferred tax asset which has been reduced   
       to zero by a valuation allowance due to a trend of minimal taxable   
       income in prior years.  
            
    9. LITIGATION

       On June 21, 1990, the Company was awarded damages of $1,009,000 from 
       a former employee of the Company and his related entities. The       
       judgement was the result of a long-standing suit by the Company      
       against the former employee and his related entities.  The           
       Company is currently involved in lis pendens lawsuit in order        
       to collect the judgement.  In 1992, the Company received $171,000 as 
       settlement in a lawsuit with a financial institution related to the  
       lawsuit against the former employee.  The net proceeds were used to  
       reduce a receivable in the amount of $44,016 with the  remaining     
       $126,984 recorded as income in 1992.  The Company used the proceeds  
       to purchase three first mortgages from the financial institution     
       secured by three rental properties.  The mortgagee of each of these  
       properties was the former employee.  The mortgagee defaulted         
       payments on all the mortgages.  The Company took possession of these 
       properties during 1994.  The properties were sold in 1995 and in     
       1996.

   10. COMMON STOCK 

       Common stock has a stated value of $l per share.  There are          
       2,000,000 shares authorized, and 734,787 shares issued and           
       outstanding at March 31, 1996 and December 31, 1995. 
<PAGE>
Part 1, Item 5


                              ELECTRIC M & R INC.
                      MANAGEMENT'S DISCUSSION AND ANALYSIS
           FOR THE PERIODS ENDED MARCH 31, 1996 AND DECEMBER 31, 1995


MANAGEMENT'S DISCUSSION AND ANALYSIS

     Revenues from manufacturing for the three months ended March 31, 1996, 
     were $590,921 compared to $815,507 for the same period in 1995. This   
     represents a decrease in Revenues of $224,586. The declines in revenue 
     are principally in the lighting division.  Sales to major customers    
     during the first quarter of this year are comparable to the low sales  
     volume realized in the prior year.  The decrease in this quarter is    
     primarily due to a reduction of orders for specialty custom lighting   
     fixtures.  Management is attempting to broaden the customer base       
     through increased selling efforts in the lighting division. 
                
     Selling, general and administrative expenses for the quarter ended     
     March 31, 1996 increased by approximately $1,760 from the previous     
     year.  Gross margin has declined from 19% to 10%. This is the result   
     of the severe decline in sales volume and the resulting sales being    
     insufficient to cover the fixed manufacturing overhead.  
 
     Real estate sales netted a $520,470 profit.  These proceeds will be    
     used to reduce related party debt.  Management believes both the terms 
     and repayment schedule of the related party debt to be favorable to    
     the company. 

     This resulted in net income of $321,852 for the three months ended     
     March 31, 1996, compared to a loss of ($8,136) for the 1995 period.  
     This is an increase of $329,988.    

     At March 31, 1996, the Company had negative working capital of          
     approximately ($732,000).  This is caused principally by amounts owed  
     to related parties in excess of $2.0 million.  The related parties     
     continue to provide favorable financial assistance to the company. 

     Management hereby affirms that the financial statements include all    
     adjustments which, in the opinion of management, are necessary to make 
     the financial statements not misleading.
<PAGE>
                              ELECTRIC M & R INC.
                               OTHER INFORMATION
           FOR THE PERIODS ENDED MARCH 31, 1996 AND DECEMBER 31, 1995

LEGAL PROCEEDINGS

     There have been no significant changes in the Company's legal          
     proceedings during the three months ended March 31, 1996.

EXHIBITS AND REPORT OF FORM 8-K

     No event occurred that required the registrant to file form 8-K during 
     the three months ended March 31, 1996.



SIGNATURES

     In accordance with the requirements of the Exchange Act, the           
     registrant caused this report to be signed on its behalf by the        
     undersigned, thereunto duly authorized.



                               Electric M & R Inc.           
                                  Registrant


DATE 12/03/96                  /S/Gretchen Oswald
                               GRETCHEN OSWALD
                               PRESIDENT



DATE 12/03/96                  /S/Raymond F. Croushore
                               RAYMOND F. CROUSHORE
                               TREASURER


    









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