UNITED STATES
                   		 SECURITIES AND EXCHANGE COMMISSION
                   		      Washington, D.C.  20549

                   		     _________________________
	    
                        			     FORM 10-Q/A
                    	     _________________________


[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934.
	     For the quarterly period ended June 28, 1996

                                 				OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934.

            	     For the transition period from         to

                   		  Commission file number:  0-2349

                   		    GRAPHIC CONTROLS CORPORATION
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

   	    NEW YORK                                           16-0834173
-----------------------------                          ------------------
(State or other jurisdiction of                        (I.R.S. Employer
incorporation or organization)                         Identification No.)

189 VAN RENSSELAER STREET, P.O. BOX 1271, BUFFALO, NY               14240
-----------------------------------------------------           -------------
(Address of principal executive offices)                          (Zip Code)

Registrant's telephone number including area code:  (716) 853-7500
                                          						    --------------

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 the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days.

                       				Yes [X]         No [ ]

At the date of this filing, there were 100 shares, par value $1.00 per share of
common stock outstanding, all of which was owned by Graphic Holdings, Inc.



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Part II.     Other Information

Item 6.      Exhibits and Reports on Form 8-K

	     a.  Exhibits

	     The Exhibit filed as part of this report is listed below:

	     Exhibit No.                       Description
	     -----------                       -----------

      		  27                           Financial Data Schedule



<PAGE>


Signature

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the 
undersigned thereunto duly authorized.

                                   					 Graphic Controls Corporation
             					                       -------------------------------------


Date  November 13, 1996                  /s/ Anthony W Borowicz
     -------------------                 -------------------------------------
                                   					 Anthony W. Borowicz,
                                   					 Vice President-Finance
                                   					 (Principal Financial Officer and Duly
                                   					 Authorized Officer)


<PAGE>


        				    INDEX TO EXHIBITS


Exhibit No.                             Description
-----------                             -----------

     27                                 Financial Data Schedule


<PAGE>