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 September 30, 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 September 30, 1996, the
close of the period covered by the report;  734,787 shares were
outstanding.

                      DOCUMENTS INCORPORATED BY REFERENCE

     PART I   -   Financial Information      Pages -  1-10  
     PART II  -   Other Information          Page  -  11       


<PAGE>


                              ELECTRIC M & R INC.
                               TABLE OF CONTENTS
                               September 30, 1996

                                   UNAUDITED

Part I     -    Financial Information

Balance Sheet             -September 30, 1996 and December 31, 1995.

Statement of Operations   -For the three months ended September 30, 1996 
                           and 1995.
                           For the nine months ended September 30, 1996 and 
                           1995.
Statement of Cash Flows   -For the three months ended September 30, 1996    
                           and 1995.
                           For the nine months ended September 30, 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 
















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

ASSETS                                       SEPT.30, 1996    DEC. 31, 1995 
                                                                        
Current Assets
    Cash and Cash Equivalents                 $74,138           $11,790 
    Accounts Receivable-Net Allowance
      for Doubtful Accounts of $4,300         272,658           141,308 
    Inventories-See Number 2                  837,570           870,361 
    Note Receivable-Current                       -0-             3,671 
    Other Current Assets                       36,778            36,747 
                                           $1,221,144        $1,063,877 

Property, Plant and Equipment
    Land                                       22,484            22,484 
    Buildings                                 787,936           787,936 
    Machinery and Equipment                 1,404,138         1,402,388 
    Furniture and Fixtures                    199,874           193,047 
                                           $2,414,432        $2,405,855 
    Less:  Accumulated Depreciation        (2,098,232)       (2,059,538)
                                              316,200           346,317 
                                                                            
  
Other Assets
    Assets Held For Resale                    377,435           789,439     
  
                                           $1,914,779        $2,199,633 

LIABILITIES & SHAREHOLDERS' EQUITY
    Notes Payable Demand                     $    -0-           $91,000 
    Current Portion of Long Term Debt          18,128            29,866 
    Notes Payable-Related Parties             836,581         1,107,890 
    Accounts Payable                          252,491           183,247 
Accrued Expenses:
    Salaries, Wages, Vacations & Taxes         24,160             8,741 
    Interest-Related Parties                  781,998         1,067,933 
Other:
    Land Deposits                              18,000            12,000 
    Income Tax Payable                            -0-            32,000 
                                           $1,931,358        $2,532.677 

Long Term Debt                                  7,648            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                    (2,245,454)       (2,572,353)
                                             ( 24,227)         (351,126)
                                           $1,914,779        $2,199,633 
                                                                        




<PAGE>
Part 1, Item 2



                              ELECTRIC M & R INC.
                            STATEMENT OF OPERATIONS
                FOR THE THREE MONTHS ENDED SEPT.30, 1996 & 1995
                                   UNAUDITED

PROFIT AND LOSS INFORMATION        FOR THE 3 MONTHS ENDED SEPT. 30, 
                                                           
                                                1996              1995

REVENUES                                                                 
    Net Sales-Manufacturing                 $529,971          $883,889 
    Sales of Real Estate                         -0-               -0- 
    Other Income                               5,746            31,481 
                                          $  535,717          $915,370 
                                                                            
  
COST AND EXPENSES
    Cost of Products Sold Manufacturing     $453,994          $713,668 
    Cost of Real Estate Sold                     -0-               -0- 
    Selling, General and Administrative      132,077           112,095 
    Interest Expense                          20,352            25,078 
Total Cost and Expenses                   $  606,423          $850,841 

PROVISION FOR INCOME TAX
    Income Tax                             $(166,000)             $-0- 
                                                                       

NET INCOME (LOSS)                           $ 95,294          $ 64,529 

NET INCOME PER SHARE OF COMMON STOCK
(Based on 734,787 and 734,787 shares of common
    stock outstanding)                          $.13              $.09 


                        PROFIT PER SHARE OF COMMON STOCK

Per Share data for the three months ended September 30, 1996 and 1995, are
based upon the weighted average number of shares which were 734,787 and
734,787, respectively.


    
                                                                            
 

<PAGE>
Part 1, Item 2



                              ELECTRIC M & R INC.
                            STATEMENT OF OPERATIONS
              FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1996 & 1995
                                   UNAUDITED

PROFIT AND LOSS INFORMATION        FOR THE 9 MONTHS ENDED SEPTEMBER 30,  
                                                           
                                                1996             1995

REVENUES                                                                 
    Net Sales-Manufacturing               $1,741,137        $1,994,674 
    Sales of Real Estate                     973,000               -0- 
    Other Income                              16,103            (3,632)
                                          $2,730,240        $1,991,042 
                                                                         
COST AND EXPENSES
    Cost of Products Sold Manufacturing   $1,516,058        $1,672,019 
    Cost of Real Estate Sold                 452,530             5,040 
    Selling, General and Administrative      393,489           361,653 
    Interest Expense                          73,264           101,816 
Total Cost and Expenses                   $2,435,341        $2,140,528 

PROVISION FOR INCOME TAX
    Income Tax                              $(32,000)             $-0- 
                                                                       

NET INCOME (LOSS)                           $326,899         $(149,486)

NET INCOME PER SHARE OF COMMON STOCK
(Based on 734,787 and 734,787 shares of common
    stock outstanding)                         $ .44            $( .20)


                        PROFIT PER SHARE OF COMMON STOCK

Per Share data for the six months ended September 30, 1996 and 1995, are
based upon the weighted average number of shares which were 734,787 and
734,787, respectively.
<PAGE>

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

           FOR THE THREE MONTHS ENDED SEPTEMBER 30,  
                                                 1996           1995
CASH FLOWS FROM OPERATING ACTIVITIES:
    Cash Received from Customers            $544,940          $700,860 
    Cash Paid to Suppliers and Employees    (575,037)         (550,162)
    Interest Paid                            (16,941)          (59,622)
    Income Tax Paid                            6,370               -0- 
    Net Cash Provided (Used) by Operating
     Activities                             $(40,668)          $91,076 

CASH FLOWS FROM INVESTING ACTIVITIES:
    Proceeds from Sale of Real Estate           $-0-           $ 2,000 
    Closing Costs Paid On Real Estate Sales      -0-               -0- 
    Deposits Received On Read Estate Sales     6,000               -0- 
    Payments for Capital Expenditures         (4,154)          (27,588)     
    Net Cash Provided (Used) By Investing     $1,846          $(25,588)
      Activities                                     
CASH FLOWS FROM FINANCING ACTIVITIES:
    Proceeds from Additional Borrowings       $  -0-           $23,000 
    Principal Payments on Notes Payable      (14,115)          (85,025)
    Net Cash Provided (Used) by
      Financing Activities                  $(14,115)         $(62,025)
Net Increase (Decrease) in Cash and
    Cash Equivalents                        $(52,937)           $3,463 

Cash and Cash Equivalents at Beginning 
    of Period                                127,075             5,801 

CASH AND CASH EQUIVALENTS AT END OF PERIOD   $74,138           $ 9,264 

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

Net Income                                   $95,294           $(3,392)
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities:
    (Increase) Decrease in:
    Accounts Receivable                        9,223            11,872 
    Inventory                                (38,867)          (52,076)
    Notes Receivable                             -0-            34,649 
    Other Current Assets                       7,080           (12,632)

    Increase (Decrease) in:
    Accounts Payable                          33,255           111,273 
    Accrued Expenses                        (159,721)          (15,726)
    Depreciation Expenses                     13,068            17,108      
    (Gain) / Loss on Sale of Real Estate         -0-               -0- 
    
Net Cash Provided (Used) by Operating
     Activities                             $(40,668)         $ 91,076 


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

            FOR THE NINE MONTHS ENDED SEPTEMBER 30,  
                                                  1996            1995
CASH FLOWS FROM OPERATING ACTIVITIES:
    Cash Received from Customers          $1,638,754        $2,252,473 
    Cash Paid to Suppliers and Employees  (1,762,623)       (2,144,964)     
    Interest Paid                           (359,199)         (121,485)
    Income Tax Paid                              -0-               -0- 
    Net Cash Provided (Used) by Operating
     Activities                            $(483,068)         $(13,976)

CASH FLOWS FROM INVESTING ACTIVITIES:
    Proceeds from Sale of Real Estate       $973,000           $71,764      
    Closing Costs Paid On Real Estate Sales  (40,526)          (41,156)
    Deposits Received On Real Estate Sales     6,000               -0- 
    Payments for Capital Expenditures         (8,577)              -0- 
    Net Cash Provided (Used) By Investing   $929,897           $30,608 
      Activities                                     
CASH FLOWS FROM FINANCING ACTIVITIES:
    Proceeds from Additional Borrowings    $  75,000          $143,000 
    Principal Payments on Notes Payable     (459,481)         (157,831)
    Net Cash Provided (Used) by
      Financing Activities                 $(384,481)        $ (14,831)
Net Increase (Decrease) in Cash and
    Cash Equivalents                      $   62,348           $ 1,801 

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

CASH AND CASH EQUIVALENTS AT END OF PERIOD   $74,138           $ 9,264 

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

Net Income                                  $326,899         $(149,486)
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities:
    (Increase) Decrease in:
    Accounts Receivable                     (131,350)          208,969 
    Inventory                                 32,791            (2,671)
    Notes Receivable                           3,671            49,649 
    Other Current Assets                       (  31)           53,155 

    Increase (Decrease) in:
    Accounts Payable                          69,244          (211,129)
    Accrued Expenses                        (302,516)           (8,263)
    Depreciation Expenses                     38,694            42,987      
    (Gain) / Loss on Sale of Real Estate    (520,470)            2,813 
    
Net Cash Provided (Used) by Operating
     Activities                            $(483,068)         $(13,976)


<PAGE>
Part 1, Item 4
                              ELECTRIC M & R INC.
                         NOTES TO FINANCIAL STATEMENTS
         FOR THE PERIODS ENDED SEPTEMBER 30, 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   $403,385        $434,893
         Work in Progress 192,390         183,191
         Finished Goods   241,795         252,277
                         $837,570        $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 December 31, 1995, there had been     
      $91,000 borrowed on the line of credit. As of September 30, 1996,     
      there is nothing due on the credit line.   

4.    NOTES PAYABLE

      Demand notes payable to related parties in the amounts of $ 836,581   
      and $1,107,890 at September 30, 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 September 30, 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  
      $781,998 and $1,067,933 at September 30, 1996 and December 31, 1995   
      respectively.   

<PAGE>
Part 1, Item 4
                              ELECTRIC M & R INC.
                         NOTES TO FINANCIAL STATEMENTS
         FOR THE PERIODS ENDED SEPTEMBER 30, 1996 AND DECEMBER 31, 1995

5.    LONG-TERM DEBT

      Long-term debt consists of the following at September 30, 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.   $ 9,804       $26,649
         
      8.49% note payable to Dollar Bank with
      final payment due September 18, 1998.  
      The note is secured by a vehicle.     15,972        21,299
                                           $25,776       $47,948

      Less:  Current Portion                18,128        29,866
                                           $ 7,648       $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 1996 and 1995 the Company charged an affiliated Company owned  
      by an officer approximately $11,472 and $46,700 respectively, for     
      administrative and management services.  These amounts are included   
      in other income.

      In addition, interest expense for the periods ended September 30,     
      1996, and December 31, 1995 pertaining to notes payable to related    
      parties, amounted to approximately $63,970 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 SEPTEMBER 30, 1996 AND DECEMBER 31, 1995

8.    INCOME TAXES

      Significant components of income tax expense (income) from continuing 
      operations consist of the following at September 30, 1996 and 1995.  
                           
                                                  1996         1995        
          
              Current - State                 $    -0-       $  -0-
                      - Puerto Rico           $(32,000)      $  -0-
                                              $(32,000)      $  -0-
      
      The income in 1996 is the result of reversing the accrued liability   
      for the prior year.        
                                                   
      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 carry forwards as of December 31, 1995.  If        
      unused, these amounts will expire in varying amounts beginning in     
      1996 and 1997.

      For Puerto Rico income tax reporting purposes, the Company has        
      $1,264,000 of net operating loss carry forwards as of December 31,    
      1995.  If unused, these amounts will expire in varying amounts        
      beginning in 1996 through 2002.             
 
      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 several related lawsuits 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.
<PAGE>
Part 1, Item 4     

                              ELECTRIC M & R INC.
                         NOTES TO FINANCIAL STATEMENTS
         FOR THE PERIODS ENDED SEPTEMBER 30, 1996 AND DECEMBER 31, 1995


9.    LITIGATION (Continued)
      The Company is in the process of attempting to recover the            
      outstanding award against the Company's former employee.  Remaining   
      assets of the employee have an estimated value of $200,000.  The IRS  
      has a claim against the employee for $400,000.  The Company has       
      reached an agreement with the IRS to split the proceeds of            
      approximately $200,000.  The spouse of the debtor has filed           
      bankruptcy as an attempt to discharge the Company's claim which is    
      being processed through a lis pendens lawsuit.

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 September 30, 1996 and December 31, 1995. 
<PAGE>

Part 1, Item 5


                              ELECTRIC M & R INC.
                      MANAGEMENT'S DISCUSSION AND ANALYSIS
         FOR THE PERIODS ENDED SEPTEMBER 30, 1996 AND DECEMBER 31, 1995


MANAGEMENT'S DISCUSSION AND ANALYSIS

Revenues from manufacturing for the nine months ended September 30,
1996, were $1,741,137 compared to $1,994,674 for the same period in
1995.  This represents a decrease in Revenues of $253,537. The
declines in revenue are principally in the lighting division and
approximately $100,000 is due to a decrease in orders from a major
customer whose retail store renovations have been cut back.  The
remaining decline is attributed, in management's belief, to improvements
in competitors products and pricing and, in management's belief, a lack
of aggressiveness on the part of the Company's sales force.  In an effort
to bolster its marketing efforts, the Company replaced three salespersons
with new employees that it believes more fully embrace the Company's
marketing philosophy.

Selling, general and administrative expenses for the nine months ended
September 30, 1996, increased by approximately $31,800 for the
previous year.  This is the result of increased selling expenses in
the third quarter and an increase in legal fees pertaining to the
actions against the former employee mentioned in Note 9.

Gross margin for the nine months ended September 30, 1996 was 13%
compared to 16% for the first nine months of 1995.  This is due to the
decline in sales for 1996, without the ability to further reduce the
fixed manufacturing overhead.

Real estate sales netted a $520,470 profit. These proceeds have been
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 $326,899 for the nine months ended
September 30, 1996, compared to a loss of ($149,486) for the 1995
period.This is an increase of $476,385.

At September 30, 1996, the Company had negative working capital of
approximately ($710,214).  This is caused principally by amounts owed
to related parties in excess of $1.6 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.      
     
     






Part 2, Item 1 & 6



                              ELECTRIC M & R INC.
                               OTHER INFORMATION
         FOR THE PERIODS ENDED SEPTEMBER 30, 1996 AND DECEMBER 31, 1995

LEGAL PROCEEDINGS

     There have been no significant changes in the Company's legal          
     proceedings during the nine months ended September 30, 1996.

EXHIBITS AND REPORT OF FORM 8-K

     No event occurred that required the registrant to file form 8-K during 
     the nine months ended September 30, 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