Page 1 of 30 Total Pages
                                                          Index to Schedules and
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                                    FORM 10-K

                     ANNUAL REPORT PURSUANT TO SECTION 13 OR
                  15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 1995        Commission File Number 1-2451

                        NATIONAL PRESTO INDUSTRIES, INC.
             (Exact name of registrant as specified in its charter)

                        Wisconsin Corporation 39-0494170
                  (State or other jurisdiction of (IRS Employer
              incorporation or organization) Identification Number)
                             3925 North Hastings Way
                        Eau Claire, Wisconsin 54703-3703
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (715) 839-2121

           Securities registered pursuant to Section 12(b) of the Act:

                                                   Name of each exchange on
    Title of each class                                which registered
 $1.00 par value common stock                      New York Stock Exchange

          Securities registered pursuant to Section 12 (g) of the Act:

                                      NONE
                                 Title of Class

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 registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes _X__ No ____

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K (229.405 of this chapter) is not contained herein, and will
not be contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K
or any amendment to the Form 10-K.
                                      __X__

The aggregate market value of the voting stock held by non-affiliates of the
registrant computed by reference to the price at which the stock was sold, or
the average bid and asked prices of such stock, as of February 29, 1996, was
$303,219,139.

The number of shares outstanding of each of the registrant's classes of common
stock, as of February 29, 1996, was 7,350,892.


                       DOCUMENTS INCORPORATED BY REFERENCE

The following documents are incorporated by reference into that part of this
Form 10-K designated to the right of the document title.

                 TITLE                                PART

           Proxy Statement                          Part III

Except as specifically incorporated herein by reference, the foregoing Proxy
Statement is not deemed filed as part of this report.


                                     PART I


ITEM 1.  BUSINESS

         A. The business of National Presto Industries, Inc., and its
         consolidated subsidiaries (the "Company") consists of a single business
         category. Comments on individual portions of that category follow.

         COMMERCIAL

         The Company manufactures and distributes small electrical appliances
         and housewares, including comfort appliances, pressure cookers and
         canners, private label and premium sales products.

         Electrical appliances and housewares sold by the Company include
         pressure cookers and canners; the Presto(R) Control Master(R) single
         thermostatic control line of fry pans in several sizes, griddles and
         combination griddle/warmers and multi-purpose cookers; deep fryers of
         various sizes; can openers, slicer/shredders, curly cutters, potato
         chippers, ice cream makers and electric shoe polishers; electric
         heaters; corn poppers (hot air and microwave); coffeemakers; electric
         tea kettles; electric knives; bread slicing systems; electric knife
         sharpeners; and timers.

         Pressure cookers and canners are available in various sizes and are
         fabricated of aluminum and, in the case of cookers, of stainless steel.
         The Company believes it is one of the principal manufacturers of
         pressure cookers in the United States.

         For the year ended December 31, 1995, approximately 45% of consolidated
         revenues were provided by cast products (fry pans, griddles, deep
         fryers and electric cookers), approximately 22% by motorized nonthermal
         appliances (can openers, slicer/shredders, curly cutters, ice cream
         makers, knife sharpeners, potato chippers, electric knives, bread
         slicing systems and shoe polishers), and approximately 29% by
         noncast/thermal appliances (stamped cookers and canners, stainless
         steel cookers, corn poppers (hot air and microwave), coffeemakers, tea
         kettles, and heaters). For the year ended December 31, 1994,
         approximately 43% of consolidated revenues were provided by cast
         products, approximately 22% by motorized nonthermal appliances and
         approximately 31% by noncast/thermal appliances. For the year ended
         December 31, 1993, approximately 48% of consolidated revenues were
         provided by cast products, approximately 26% by motorized nonthermal
         appliances and approximately 20% by noncast/thermal appliances.

         Wal-Mart Stores, Inc., accounted for 36%, 35% and 34% of consolidated
         revenues for the years ended December 31, 1995, 1994 and 1993,
         respectively.

         Products are sold directly to retailers throughout the United States
         and also through independent distributors. Although the Company has
         long established relationships with many of its customers, it does not
         have long-term supply contracts with them. The loss of, or material
         reduction in, business from any of the Company's major customers could
         adversely affect the Company's business.

         The Company has a sales force of approximately nineteen employees which
         sells to and services customers. In selected geographic areas sales are
         handled by manufacturers' representatives who may handle other product
         lines. Sales promotional activities include television and radio. The
         Company's commercial business is highly competitive and seasonal, with
         the normal peak sales period occurring in the fourth quarter of the
         year prior to the holiday season. Many companies compete for sales of
         housewares and small appliances, some of which are larger than the
         Company and others which are smaller. Product competition extends to
         special product features, product pricing, marketing programs, warranty
         provisions, service policies and other factors. New product
         introductions are an important part of the Company's sales to offset
         the morbidity rate of other products and/or the effect of lowered
         acceptance of seasonal products due to weather conditions. New products
         entail unusual risks. Engineering and tooling costs are increasingly
         expensive, as are components and finished goods that may not have a
         ready market or achieve a widespread consumer acceptance. High-cost
         advertising commitments accompanying such new products or to maintain
         sales of existing products may not be fully absorbed by ultimate
         product sale. Initial production schedules, set in advance of
         introduction, carry the possibility of excess unsold inventories. New
         product introductions are further subject to delivery delays from
         supply sources, which can impact availability for the Company's most
         active selling periods.

         Research and development costs related to new product development for
         the years 1995, 1994 and 1993 were absorbed in operations for these
         years and were not a material element in the aggregate costs incurred
         by the Company.

         Presto products are generally warranted to the original owner to be
         free from defects in material and workmanship for a period of two years
         from date of purchase. The Company allows a sixty-day over-the-counter
         initial failure return privilege through cooperating dealers. The
         Company services its products through independent service stations
         throughout the United States and the corporate service repair
         operation. The Company's service and warranty programs are competitive
         to those offered by other manufacturers in the industry.

         The Company's commercial products are manufactured in plants located at
         Jackson, Mississippi and Alamogordo, New Mexico. The Company also
         purchases a significant portion of its products from nonaffiliated
         companies located outside the United States.

         DEFENSE

         The Company commenced defense production in 1942. From 1966 through
         1980, 105MM projectiles were produced in the Eau Claire facility
         (utilizing Government owned equipment in Company owned buildings).
         Production of 8" projectiles also occurred intermittently during this
         period. Since completion of production in 1980, standby contracts had
         been received and renewed on an annual basis through September, 1992.
         For the period October, 1992 through September, 1993 a storage only
         contract was received. In September, 1993, the Pentagon exercised its
         option of abandoning, in place, the production equipment formerly
         utilized for projectile fabrication. Most of this equipment has been
         sold and work is in progress to restore the plant for manufacturing, or
         other purposes.

         See Section B3 for comments regarding Defense related Environmental
         Protection Agency matters.

         WAREHOUSING AND TRANSPORTATION SERVICES

         For a number of years, the Company has warehoused and distributed its
         commercial products from a centrally located distribution center.
         Selective use is made of a fleet of tractors and trailers with
         backhauls scheduled on return trips carrying goods consigned for
         internal corporate use.

         FINANCIAL MANAGEMENT

         A separate subsidiary of the Company, a Delaware holding company,
         carries responsibility for the maintenance and management of funds not
         currently required for business activities and therefore temporarily
         available for investments. (See Footnote B(3) in Notes to Consolidated
         Financial Statements.) Income from Financial Management activities is
         included in Other Income in the accompanying financial statements.

         Earnings for this subsidiary may vary widely from year to year
         depending on interest yields on instruments meeting the investment
         criteria, and the extent to which funds may be needed for newly
         identified business activities.

       B.  OTHER COMMENTS

         1.  Sources and Availability of Materials

         Production levels at commercial plants may be affected by vendor
         failure to deliver tooling, material and critical parts within
         commitments. While recent years have witnessed virtual elimination of
         these circumstances, there is no assurance against recurrence.

         Deliveries of new products, many of which have been sourced overseas,
         could be delayed by labor or supply problems at the vendors or in
         transportation. As a consequence, these products may not be available
         in sufficient quantities during the prime selling period. While there
         has been no major incidence of such problems and the Company has made
         every reasonable effort to prevent occurrence, there is no assurance
         that such effort will be totally effective.

         2.  Trademarks, Licenses, Franchises and Concessions Held

         With increased sales volume being generated by new products, patents
         have become more meaningful to operating results. Trademarks and
         know-how are considered material. The Company's current and future
         success depends upon judicial protection of its intellectual property
         rights ( patents, trademarks and trade dress). Removal of that
         protection would expose the Company to competitors who seek to take
         advantage of the Company's innovations and proprietary rights. To date,
         the Company has vigorously protected its rights and enjoyed success in
         all its intellectual property suits.

         3.  Effects of Compliance with Environmental and OSHA Regulations

         In May 1986, the Company's Eau Claire, Wisconsin, site was placed on
         the United States Environmental Protection Agency's (EPA) National
         Priorities List (NPL) under the Comprehensive Environmental Reponse,
         Compensation and Liability Act of 1980 (CERCLA) because of alleged
         hazardous waste deposited on the property. During July 1986, the
         Company entered into an agreement with the EPA and the Wisconsin
         Department of Natural Resources to conduct a Remedial Investigation and
         Feasibility Study at the site. The Remedial Investigation was completed
         in 1992, the Feasibility Study in 1994, and the remedial action
         activities initiated during 1993 and 1994 which have not been
         completed, are continuing.

         As a result of an April 1989 EPA Unilateral Order, an August 1990 EPA
         Record of Decision, followed by a directive from the Department of the
         Army, the Company implemented an alternative drinking water system for
         approximately 200 homes and businesses in an area adjacent to the site.
         This system has since been installed and become fully operational. In
         August 1993, after extensive negotiations with the EPA, the Company
         entered into a settlement agreement to reimburse remediation costs,
         plus interest, for groundwater contamination affecting a municipal well
         field allegedly related to the site.

         In February 1988 the Company entered into an agreement with the
         Department of the Army pursuant to which the Army funded $5,000,000 of
         environmental restoration costs related to the site. Based on Remedial
         Investigation/Feasibility Study costs, the Army's direction to
         implement the alternative drinking water system and costs for remedial
         action, it became apparent that additional government funding was
         necessary (a factor that was identified as a possibility in the
         original agreement with the government). Further legislative action in
         1992 resulted in an additional $7,000,000 for funding environmental
         restoration activities, which was placed under a funding agreement with
         the Company in 1993. A further supplement of $15,000,000 was included
         in 1995 legislation, funding for which has not yet been received and
         may require additional Congressional action during 1996.

         It does not presently appear that the ultimate liability associated
         with the unresolved environmental contingencies will have a material
         effect on the financial condition of the Company. If the Army honors
         its contractual obligations there will not be any material effect on
         the results of operations. There is, of course, always the possibility
         that something unforeseen could occur.

         4.  Number of Employees of the Company

         As of December 31, 1995, the Company had 614 employees.

         5.  Industry Practices Related to Working Capital Requirements

         The major portion of the Company's commercial sales were made with
         terms of 90 days or shorter. A small portion of the sales were made
         with seasonal dating provisions.

         Inventory levels increase in advance of the selling period for products
         which are seasonal, such as pressure canners, heaters, and in
         preparation for new product introductions. Inventory build-up also
         occurs to create stock levels required to support the higher sales
         which occur in the latter half of each year. Recent changes in the
         buying practices of the Company's customers indicate a movement away
         from substantial advance stocking orders and to smaller, more frequent
         orders. As this trend continues and is expanded upon, the Company is
         being required to carry larger finished goods inventories than those
         historically maintained. The Company purchases components and raw
         materials in advance of production requirements where such purchases
         are required to ensure supply or provide advantageous long-term
         pricing.

         6.  Backlog

         Shipment of most of the Company's commercial products occurs within a
         relatively short time after receipt of the order and, therefore, there
         is usually no substantial order backlog. New product introductions do
         result in order backlogs which vary from product to product and as to
         timing of introduction.

       C.  INDUSTRY SEGMENTS

         The Company operates in one Business Segment.


ITEM 2.  PROPERTIES (Owned Except Where Indicated)

         The Company's principal Eau Claire facilities are approximately 560,000
         square feet of which 428,000 square feet were related to ordnance
         activities. Leases for 31,000 square feet have been entered into with
         outside tenants.

         The Company's corporate office is also located in Eau Claire.

         The Company manufactures consumer products in Jackson, Mississippi and
         Alamogordo, New Mexico.

         The Jackson plant contains 283,000 square feet, of which 119,600 square
         feet is used for warehousing.

         The facility at Alamogordo contains 163,200 square feet, of which
         24,800 square feet is used for warehousing.

         The Company has a 162,400 square foot building at Canton, Mississippi
         which is used primarily for warehousing, distribution and in part for
         product service functions. An additional 24,000 square feet has been
         leased in adjacent buildings for storage area.


ITEM 3.LEGAL PROCEEDINGS

         The Company is subject to various action incidental to its normal
         business operations. In the opinion of management such actions will be
         resolved for amounts which in the aggregate will not be material in
         relation to the financial statements.

         See Item 1.B.3. for comment regarding environmental actions.


ITEM 4.SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

         None


                      EXECUTIVE OFFICERS OF THE REGISTRANT


The following information is provided with regard to the executive officers of
the registrant:


<TABLE>
<CAPTION>

                                                                                        FAMILY
           NAME                           TITLE                         AGE         RELATIONSHIP
         -----------------------------------------------------------------------------------------------

<S>                                <C>                                  <C>        <C>         
         Melvin S. Cohen            Chairman of the Board                78           Father of
                                                                                    Maryjo Cohen

         Maryjo Cohen               President, Chief Executive,          43          Daughter of
                                      Operating and Financial                       Melvin S. Cohen
                                      Officer

         Richard F. Anderl          Vice-President, Engineering          52              None

         James F. Bartl             Secretary                            55              None

         Randy F. Lieble            Treasurer                            42              None

</TABLE>

         Mr. Cohen was elected Chairman of the Board in May, 1975. Prior to that
         date he was President, a position which he again held from November,
         1986 to May, 1989.

         Ms. Cohen was elected Treasurer in September, 1983, to the additional
         positions of Vice-President in May, 1986 and President in May 1989. She
         has been associated with the registrant since 1976. Prior to becoming
         an officer, she was Associate Resident Counsel and Assistant to the
         Treasurer.

         Mr. Anderl was elected Vice-President in May, 1989. He has been
         associated with the registrant since 1963 and prior to becoming an
         officer, he was Director of Engineering.

         Mr. Bartl was elected Secretary in May, 1978. He has been associated
         with the registrant since 1969. Prior to becoming an officer, he was
         Resident Counsel and Director of Industrial Relations, positions he
         continues to hold.

         Mr. Lieble was elected Treasurer in November, 1995. He has been
         associated with the registrant since 1977. Prior to becoming an
         officer, he was Manager of Investments and Contracts.


                                     PART II

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

<TABLE>
<CAPTION>
                                      Record of Dividends Paid and Market Price of Common Stock
                                      ---------------------------------------------------------

                                        1995 Fiscal Year                     1994 Fiscal Year
                                        -----------------------------------------------------
                                   Applicable        Market Price              Applicable        Market Price
                                 Dividends Paid                              Dividends Paid
                                   per Share        High        Low            per Share         High      Low
                                   ---------        ----        ---            ---------         ----      ---
<S>                                  <C>          <C>          <C>              <C>            <C>       <C> 
First Quarter                        $2.15        $42 1/2      $39 3/4          $1.90          $48       $43 3/4
Second Quarter                         --          48           40 3/4            --            45 1/8    39 1/2
Third Quarter                          --          46 3/4       42                --            43 7/8    39 1/8
Fourth Quarter                         --          44 7/8       38 3/4            --            43 1/8    39 1/8
                                 -------------------------------------          --------------------------------
Full Year                            $2.15        $48          $38 3/4          $1.90          $48       $39 1/8
</TABLE>


         Common stock of National Presto Industries, Inc., is traded on the New
York Stock Exchange under the symbol NPK. As of December 31, 1995, there were
1,200 stockholders. There were 1,176 stockholders as of February 29, 1996, the
latest practicable date.


ITEM 6. SELECTED FINANCIAL DATA

             (In thousands except per share data)

<TABLE>
<CAPTION>
   For the Years Ended December 31,       1995       1994       1993       1992       1991
   --------------------------------       ----       ----       ----       ----       ----
<S>                                     <C>        <C>        <C>        <C>        <C>     
   Net sales                            $120,172   $128,070   $118,580   $128,263   $161,522
   Net earnings                         $ 18,969   $ 21,455   $ 18,655   $ 25,882   $ 36,703
   Net earnings per common and
        common equivalent share         $   2.61   $   2.92   $   2.55   $   3.53   $   4.98
   Total assets                         $284,927   $291,036   $283,004   $263,928   $268,591
   Long-term debt                           --     $  5,103   $  5,103   $  5,103   $  5,103
   Dividends paid per common share
        applicable to current year      $   2.15   $   1.90   $     --   $   1.25   $   1.00
   Dividends paid per common share
        applicable to subsequent year         --         --         --   $   2.55   $   1.70
                                        ====================================================
               Total dividends paid     $   2.15   $   1.90   $     --*  $   3.80   $   2.70
</TABLE>


   *  The 1993 dividend was paid on December 28, 1992.


ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS 
        OF OPERATION

1995 Compared to 1994

Net sales decreased by $7,898,000 from $128,070,000 to $120,172,000, primarily
due to a unit volume decrease.

Gross profit for 1995 decreased by $7,885,000 from $50,681,000 to $42,796,000
due to the volume decrease and cost increases stemming from rising cumulative
1994 and 1995 vendor prices without appreciable price relief from the Company's
retail customers. The decline was offset in part by the impact of the LIFO
adjustment which was less unfavorable in 1995 than in 1994. See footnote C for
additional information on the LIFO adjustments. Gross margins as a percentage of
sales was 36% versus 40% in 1995 and 1994, respectively.

Selling and general expenses increased $1,178,000 due to increased bad debt
write-offs and higher administrative expenses. As a percentage of net sales,
selling and general expenses increased from 21% to 23%.

Other income increased from the 1994 level primarily as a result of a higher
pre-tax rate of return on the Company's portfolio of short-term marketable
securities.

The other, principally litigation settlement, was the result of a
non-operational receipt of $2.85 million in damages and interest resulting from
the Court of Appeals for the Federal Circuit decision that Black & Decker
infringed Presto's patent on its SaladShooter(R) electric slicer/shredder. It
was offset in part by the cost of retiring a convertible debenture.

Earnings before provision for income taxes decreased $5,116,000 from $30,519,000
to $25,403,000. The provision for income taxes decreased from $9,064,000 to
$6,434,000, which resulted in an effective income tax rate decrease from 30% to
25%, as a result of decreased earnings subject to tax. Net earnings decreased
$2,486,000 from $21,455,000 to $18,969,000, or 12%.

The Company maintains adequate liquidity for all its anticipated capital
requirements and dividend payments. As of year-end 1995, there were no material
capital commitments outstanding.

Forward looking statements in this Report are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. There are
certain important factors that could cause results to differ materially from
those anticipated by some of the statements made above. Investors are cautioned
that all forward looking statements involve risks and uncertainty. In addition
to the factors discussed above, among the other factors that could cause actual
results to differ materially are the following: consumer spending and debt
levels; interest rates; continuity of relationships with and purchases by major
customers; product mix; competitive pressure on sales and pricing, and increase
in material or production cost which cannot be recouped in product pricing.

1994 Compared to 1993

Net sales increased by $9,490,000 from $118,580,000 to $128,070,000, primarily
due to new product introductions, offset in part by a decrease in sales from
products that were either no longer part of the line or that had matured, and
the cessation of revenues from the storage and maintenance of government
equipment.

Gross profit for 1994 increased $2,775,000 primarily due to the increased
volume, offset in part by cost increases stemming from higher commodity prices,
costs entailed in storage and handling of carryover products, and the impact of
the LIFO adjustment which was considerably more unfavorable in 1994 than in
1993. See Footnote C for additional information on the LIFO adjustments. Gross
margins as a percentage of sales were 40% in both periods.

Selling and general expenses decreased $823,000 primarily as a result of
decreased selling and advertising expenses. As a percentage of sales, selling
and general expenses decreased from 23% to 21%.

Other income increased from the 1993 level primarily as a result of a higher
level of invested funds and a higher pretax rate of return on the Company's
portfolio of short-term marketable securities.

Earnings before provision for income taxes increased $4,357,000 from $26,162,000
to $30,519,000. The provision for income taxes increased from $7,507,000 to
$9,064,000, the effective income tax rate increased from 29% to 30%, as a result
of increased earnings subject to tax. Net earnings increased $2,800,000 from
$18,655,000 to $21,455,000, or 15%.


ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

         A.       The consolidated financial statements of National Presto
                  Industries, Inc. and its subsidiaries and the related Report
                  of Independent Certified Public Accountants are contained on
                  pages F-1 through F-11 of this report.

         B.       Quarterly financial data is contained in Note M in Notes to
                  Consolidated Financial Statements.



ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND   
        FINANCIAL DISCLOSURE

             None


                                    PART III

ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

         A listing of the Executive Officers of the Registrant is included in
         Part I. See Note following Item 13.

ITEM 11. EXECUTIVE COMPENSATION

         See Note following Item 13.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

         See Note following Item 13.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

         See Note following.

NOTE: Within 120 days after the close of the registrant's fiscal year ended
December 31, 1995, the registrant will file a definitive proxy statement
pursuant to regulations 14A. Therefore, pursuant to the Rules and Regulations of
the Securities Exchange Act of 1934, the additional information required for
Items 10, 11, 12 and 13 has been omitted and is incorporated herein from the
Proxy by reference.


                                     PART IV

ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K

         A.       The following consolidated financial statements of National
                  Presto Industries, Inc., and its subsidiaries and the related
                  Report of Independent Certified Public Accountants are
                  included in this report:


<TABLE>
<CAPTION>
                                                                                              Form 10-K
                                                                                            Page Reference
                                                                                            --------------

<S>                                                                                           <C>
                  1.   Consolidated Balance Sheets - December 31, 1995 and 1994                F-1 & F-2

                  2.   Consolidated Statements of Earnings -
                       Years ended December 31, 1995, 1994 and 1993                               F-3

                  3.   Consolidated Statements of Cash Flows -
                       Years ended December 31, 1995, 1994 and 1993                               F-4

                  4.   Consolidated Statements of Stockholders' Equity -
                       Years ended December 31, 1995, 1994 and 1993                               F-5

                  5.   Notes to Consolidated Financial Statements                             F-6 thru F-10

                  6.   Report of Independent Certified Public Accountants                         F-11

         Statements and schedules of the registrant have been omitted as the
         consolidated statements of the registrant and its subsidiaries are
         included. All subsidiaries included in the consolidated financial
         statements are wholly owned.


         B.  The following Schedules and Exhibits are included in this report:

                        Schedule II - Valuation and Qualifying Accounts                           F-12

                        Exhibit 11 - Statement Re Computation of Per Share Earnings               F-13

                        Exhibit 22 - Parent and Subsidiaries                                      F-14

                        Exhibit 23.1 - Auditors' Consent                                          F-15

                        Exhibit 27 - Financial Data  Schedule                                     F-16

</TABLE>

         All other Schedules and Exhibits for which provision is made in the
         applicable accounting regulations of the Securities and Exchange
         Commission are not required under the related instructions or are
         inapplicable, and therefore have been omitted. Columns omitted from
         schedules filed have been omitted because the information is not
         applicable.


                                    SIGNATURE


Pursuant to the Requirements of Section 13 or 14 (d) 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.


                        NATIONAL PRESTO INDUSTRIES, INC.
                                  (registrant)



        By: /S/ Walter G. Ryberg        By: /S/ Melvin S. Cohen
                Walter G. Ryberg                Melvin S. Cohen
                Director


        By: /S/ John M. Sirianni        By: /S/ James F. Bartl
                John M. Sirianni                James F. Bartl
                Director


        By: /S/ Ralph Strangis          By: /S/ Maryjo Cohen
                Ralph Strangis                  Maryjo Cohen
                Director


Date:  March 27, 1996


<TABLE>
<CAPTION>
NATIONAL PRESTO INDUSTRIES, INC.                                       PAGE F-1
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)
                                                                     DECEMBER 31, 1995             DECEMBER 31, 1994
-------------------------------------------------------------------------------------------------------------------------
<S>                                                          <C>           <C>                <C>               <C>
ASSETS

      CURRENT ASSETS:

           Cash and cash equivalents                                        $     91,448                        $109,444

           Marketable securities                                                 112,583                         112,754

           Accounts receivable                                  $  38,566                         $  37,385

              Less allowance for doubtful accounts                    450         38,116                450       36,935
                                                             -------------                     -------------

           Inventories:

              Finished goods                                       14,787                             8,549

              Work in process                                       2,397                             1,617

              Raw materials                                         7,359                             7,416

              Supplies                                              1,062         25,605              1,283       18,865
                                                             -------------                     -------------

           Prepaid expenses                                                        1,753                             912
                                                                          ---------------                   -------------

              Total current assets                                               269,505                         278,910

      PROPERTY, PLANT AND EQUIPMENT:

           Land and land improvements                                 146                               140

           Buildings                                                6,243                             5,412

           Machinery and equipment                                 10,257                             8,166
                                                             -------------                     -------------

                                                                   16,646                            13,718

              Less allowance for depreciation                       9,337          7,309              9,380        4,338
                                                             -------------                     -------------

      OTHER ASSETS                                                                 8,113                           7,788
                                                                          ---------------                   -------------

                                                                             $   284,927                        $291,036
                                                                          ===============                   =============


The accompanying notes are an integral part of the financial statements.



NATIONAL PRESTO INDUSTRIES, INC.                                        PAGE F-2
CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)
                                                                     DECEMBER 31, 1995             DECEMBER 31, 1994
-------------------------------------------------------------------------------------------------------------------------

LIABILITIES
      CURRENT LIABILITIES:

           Accounts payable                                                 $     13,717                       $  16,769

           Federal and state income taxes                                          5,224                           7,867

           Accrued liabilities                                                    19,245                          18,358
                                                                          ---------------                   -------------

              Total current liabilities                                           38,186                          42,994

      LONG-TERM DEBT, to a related party                                               -                           5,103

      COMMITMENTS AND CONTINGENCIES                                                    -                               -


STOCKHOLDERS' EQUITY

      Common stock, $1 par value:
           Authorized: 12,000,000 shares
           Issued: 7,440,518 shares                            $    7,441                        $    7,441

      Paid-in capital                                                 848                               590

      Retained earnings                                           240,797                           237,604
                                                             -------------                     -------------

                                                                  249,086                           245,635

      Treasury stock, at cost, 89,751 shares
           in 1995 and 102,720 shares in 1994                       2,345                             2,696
                                                             -------------                     -------------

              Total stockholders' equity                                         246,741                         242,939
                                                                          ---------------                   -------------

                                                                             $   284,927                        $291,036
                                                                          ===============                   =============

</TABLE>

The accompanying notes are an integral part of the financial statements.



<TABLE>
<CAPTION>
NATIONAL PRESTO INDUSTRIES, INC.                                        PAGE F-3
CONSOLIDATED STATEMENTS OF EARNINGS
(In thousands except per share data)
                          For the years ended December 31,                      1995         1994         1993
-------------------------------------------------------------------------------------------------------------------

<S>                                                                             <C>          <C>          <C>     
Gross sales                                                                     $122,378     $130,364     $120,534

              Less freight, discounts, etc.                                        2,206        2,294        1,954
                                                                            ---------------------------------------

Net sales                                                                        120,172      128,070      118,580

Cost of sales                                                                     77,376       77,389       70,674
                                                                            ---------------------------------------

Gross profit                                                                      42,796       50,681       47,906

Selling and general expenses                                                      27,647       26,469       27,292
                                                                            ---------------------------------------

Operating profit                                                                  15,149       24,212       20,614

Other income, principally interest                                                 8,625        6,851        6,302

Other, principally litigation settlement                                           2,316            -            -

Interest expense                                                                    (687)        (544)        (754)
                                                                            ---------------------------------------

              Earnings before provision for income taxes                          25,403       30,519       26,162

Provision for income taxes:

              Current:

                 Federal                                                           5,884        9,013        6,527

                 State                                                             1,055        1,415        1,296

              Deferred                                                              (505)      (1,364)        (316)
                                                                            ---------------------------------------

                                                                                   6,434        9,064        7,507
                                                                            ---------------------------------------

                 Net earnings                                                  $  18,969    $  21,455    $  18,655
                                                                            =======================================

Weighted average common and common
              equivalent shares outstanding                                        7,344        7,458        7,430
                                                                            =======================================

Net earnings per common share                                                  $    2.61    $    2.92    $    2.55
                                                                            =======================================

</TABLE>

The accompanying notes are an integral part of the financial statements.



<TABLE>
<CAPTION>
NATIONAL PRESTO INDUSTRIES, INC.                                        PAGE F-4
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In Thousands)
                     For the years ended December 31,                     1995         1994         1993
-------------------------------------------------------------------------------------------------------------
<S>                                                                        <C>        <C>          <C>      
Cash flows from operating activities:
         Net earnings                                                      $18,969    $  21,455    $  18,655
         Adjustments to reconcile net earnings to net cash
         provided by operating activities:
            Provision for depreciation                                       1,485        1,173        1,150
            Deferred income taxes                                             (505)      (1,364)        (316)
            Stock compensation expense 401 (k)                                  81           91           91
            Call option on early retirement of debt                            534            -            -
            Changes in:
               Accounts receivable                                          (1,181)      (9,371)         150
               Inventories                                                  (6,740)       4,677       (4,266)
               Prepaid expenses                                               (841)        (112)        (703)
               Accounts payable and accrued liabilities                     (2,165)      (2,031)       1,717
               Federal and state income taxes                               (2,643)       2,436       (1,387)
                                                                       --------------------------------------
                  Net cash provided by operating activities                  6,994       16,954       15,091
                                                                       --------------------------------------

Cash flows from investing activities:
         Marketable securities purchased                                   (98,921)     (98,673)     (91,738)
         Marketable securities - maturities and sales                       99,092       91,105       66,003
         Acquisition of property, plant and equipment                       (4,456)      (1,661)      (1,038)
         Changes in other assets                                               180          142          377
                                                                       --------------------------------------
                  Net cash used in investing activities                     (4,105)      (9,087)     (26,396)
                                                                       --------------------------------------

Cash flows from financing activities:
         Payment of long-term debt                                          (5,103)           -            -
         Treasury stock transactions                                            (6)          19            -
         Dividends paid                                                    (15,776)     (13,938)           -
                                                                       --------------------------------------
                  Net cash used in financing activities                    (20,885)     (13,919)           -
                                                                       --------------------------------------

Net decrease in cash and cash equivalents                                  (17,996)      (6,052)     (11,305)
Cash and cash equivalents at beginning of year                             109,444      115,496      126,801
                                                                       --------------------------------------
Cash and cash equivalents at end of year                                   $91,448     $109,444     $115,496
                                                                       ======================================

Supplemental disclosures of cash flow information: 
         Cash paid during the year for:
            Interest                                                       $   727     $    544     $    754
            Income taxes                                                   $ 9,526     $  7,991     $  9,262

</TABLE>

The accompanying notes are an integral part of the financial statements.


<TABLE>
<CAPTION>
NATIONAL PRESTO INDUSTRIES, INC.                                        PAGE F-5
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(In thousands except per share data)
           For the years ended December 31, 1995, 1994, 1993
-------------------------------------------------------------------------------------------------------------

                                                 Common      Paid-in       Retained    Treasury
                                                  Stock      Capital       Earnings      Stock       Total
                                                  -----      -------       --------      -----       -----
<S>                                             <C>         <C>            <C>        <C>           <C>     
Balance January 1, 1993                         $   7,441   $     503      $211,432   $  (2,810)    $216,566

Net earnings                                                                 18,655                   18,655

Treasury stock transactions                                        45                        46           91
                                              ---------------------------------------------------------------

Balance December 31, 1993                           7,441         548       230,087      (2,764)     235,312

Net earnings                                                                 21,455                   21,455

Treasury stock transactions                                        42                        68          110

Dividends paid, $1.90 per share                                             (13,938)                 (13,938)
                                              ---------------------------------------------------------------

Balance December 31, 1994                           7,441         590       237,604      (2,696)     242,939

Net earnings                                                                 18,969                   18,969

Treasury stock transactions                                        33                        42           75

Stock issued for call premium on early
   retirement of debt                                             225                       309          534

Dividends paid, $2.15 per share                                             (15,776)                 (15,776)

                                              ---------------------------------------------------------------
Balance December 31, 1995                       $   7,441   $     848      $240,797   $  (2,345)    $246,741
                                              ===============================================================

</TABLE>

The accompanying notes are an integral part of the financial statements.



NATIONAL PRESTO INDUSTRIES, INC.                                        PAGE F-6
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

A.    NATURE OF OPERATIONS:
      The Company manufactures and distributes small electrical appliances and
      housewares. Products are sold directly to retail outlets throughout the
      United States and also through independent distributors. The manufacturing
      of these products is done in plants located at Jackson, Mississippi;
      Alamogordo, New Mexico; and a significant portion of its products are
      imported from nonaffiliated companies in the Pacific Rim countries. A
      separate subsidiary of the Company, a Delaware holding company, carries
      responsibility for the maintenance and management of funds not currently
      required for business activities and therefore temporarily available for
      investments.

B.    SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

      (1)   USE OF ESTIMATES IN THE PREPARATION OF FINANCIAL STATEMENTS: In
            preparation of the Company's consolidated financial statements,
            management is required to make estimates and assumptions that affect
            the reported amounts of assets and liabilities and related revenues
            and expenses. Actual results could differ from the estimates used by
            management.

      (2)   PRINCIPLES OF CONSOLIDATION: The consolidated financial statements
            include the accounts of National Presto Industries, Inc. and its
            subsidiaries all of which are wholly-owned. All material
            intercompany accounts and transactions are eliminated.

      (3)   CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES: The Company
            considers all highly liquid marketable securities with a maturity of
            one week or less to be cash equivalents. Cash equivalent securities
            totaled $92,851,000 and $109,733,000 at December 31, 1995 and 1994.
            The Company's cash equivalents and marketable securities are
            diversely invested, principally in A-rated or higher tax exempt
            bonds issued by entities throughout the United States.

            The Company has classified all cash equivalents and marketable
            securities as available for sale which requires the securities to be
            reported at fair value, with unrealized gains and losses reported as
            a separate component of stockholders' equity. At December 31, 1995
            and 1994, cost approximated market value for all securities using
            the specific identification method.

            The contractual maturities of the marketable securities held at
            December 31, 1995 were $79,525,000 in 1996, $23,364,000 in 1997,
            $8,253,000 in 1998, and $1,441,000 with indeterminate maturities.


      (4)   INVENTORIES: Inventories are stated at the lower of cost or market
            with cost being determined principally on the last-in, first-out
            (LIFO) method.

      (5)   PROPERTY, PLANT AND EQUIPMENT: Property, plant and equipment are
            stated at cost. For machinery and equipment, all amounts which are
            fully depreciated have been eliminated from both the asset and
            allowance accounts. Depreciation is provided in amounts sufficient
            to relate the costs of depreciable assets to operations over their
            service lives which are estimated at 15 to 40 years for buildings
            and 3 to 7 years for machinery and equipment.

      (6)   REVENUE RECOGNITION: The Company recognizes revenues when product is
            shipped.

                                                                        PAGE F-7

      (7)   ADVERTISING: Advertising expense was $16,479,000, $17,338,000 and
            $17,652,000 in 1995, 1994 and 1993.

      (8)   NEW ACCOUNTING STANDARDS: The Financial Accounting Standards Board
            has issued two accounting standards which the Company is required to
            adopt January 1, 1996. The first standard establishes guidance on
            when and how to measure impairment of long-lived assets, certain
            identifiable intangibles, and how to value long-lived assets to be
            disposed of. The second standard establishes accounting and
            reporting for stock-based compensation plans. This standard permits
            the Company to select the new fair value based method of accounting
            for employee stock options or the existing intrinsic value method
            which the Company currently follows. The Company intends to continue
            to use the intrinsic value method which will require additional
            footnote disclosures concerning its stock-based compensation plans.
            Management believes the adoption of these new accounting standards
            will not have a material effect on the Company's consolidated
            financial statements.

C.  INVENTORIES:

      The aggregate amount of inventories valued on the LIFO basis is
      $24,543,000 and $17,886,000 as of December 31, 1995 and 1994,
      respectively. Under LIFO, inventories are valued at approximately
      $11,524,000 and $10,550,000 below current cost determined on a first-in,
      first-out (FIFO) basis at December 31, 1995 and 1994. The Company uses the
      LIFO method of inventory accounting to improve matching of costs and
      revenues.

      The following table describes that which would have occurred if LIFO
      inventories had been valued at current cost determined on a FIFO basis:

                                        Increase (Decrease)
                                        -------------------
                                 Cost of          Net       Earnings
                     Year         Sales        Earnings     Per Share
                     ----         -----        --------     ---------
                     1995      $ (974,000)    $ 604,000     $    0.08
                     1994      (1,682,000)    1,043,000          0.14
                     1993        (674,000)      418,000          0.06

      This information is provided for comparison with companies using the FIFO
      basis.

D.  ACCRUED LIABILITIES:
      At December 31, 1995 accrued liabilities consisted of payroll $2,482,000,
      insurance $9,928,000, environmental $3,612,000 and other $3,223,000. At
      December 31, 1994 accrued liabilities consisted of payroll $2,466,000,
      insurance $9,051,000, environmental $3,612,000 and other $3,229,000.

E.  LONG-TERM DEBT:
      Long-term debt at December 31, 1994 consisted of a Convertible Senior
      Debenture, with interest at 10%. The Company retired the Debenture during
      1995 and issued common stock for the call premium.

F.  TREASURY STOCK:
      The Board of Directors has authorized corporate reacquisition of up to
      750,000 common shares of the Company stock. During 1995, 1,000 shares were
      reacquired. No shares were reacquired in 1994 and 1993.

                                                                        PAGE F-8

G.  NET EARNINGS PER COMMON SHARE:
      Net earnings per common share are computed using the weighted average
      common shares outstanding during each year and the common equivalent
      shares assuming conversion of the Convertible Debenture. Earnings for
      calculation of the per share data are adjusted to reflect add-back of
      interest expense on the Convertible Debenture.

H.  STOCK OPTION PLAN:
      The National Presto Industries, Inc. Stock Option Plan reserves 100,000
      shares of the Company's common stock for key employees of the Company.
      Stock options for 1,000 shares at $39.88 per share and 2,500 shares at
      $41.75 per share were outstanding at December 31, 1995. Stock options for
      1250 shares at $39.88 per share were outstanding at December 31, 1994.

I.  RETIREMENT PLANS:
      Pension Plans:
      The Company has pension plans which cover the majority of employees.
      Pension benefits are based on an employee's years of service and
      compensation near the end of those years of service. The Company's funding
      policy has been to contribute such amounts as necessary, computed on an
      actuarial basis, to provide the plans with assets sufficient to meet the
      benefits to be paid to plan members. Plan assets consist primarily (82%)
      of interest bearing securities with the balance in corporate stocks,
      principally National Presto Industries, Inc. common stock.

      Assumptions used to calculate costs and actuarial present values are
      reviewed regularly by the Company and its independent actuaries. The
      assumptions used are as follows: 7% and 8% discount rate in 1995 and 1994,
      4.5% and 5.0% increase in compensation levels in 1995 and 1994, and 7.5%
      long term rate of return on investments. The funded status of the plans is
      summarized below:
                                                     (In thousands)
                                                     --------------
      As of December 31                       1995       1994      1993
      -----------------                       ----       ----      ----
      Fair value of plan assets             $ 9,137    $ 9,330   $ 9,889
      Projected benefit obligation            8,957      8,003     8,008
                                          -------------------------------------
      Excess plan assets                    $   180    $ 1,327   $ 1,881
                                          =====================================

      Prepaid pension expense               $ 3,012    $ 3,190   $ 3,333
                                          =====================================

      401(k) Plan:
      The Company has a 401(k) retirement plan which covers substantially all
      employees. At its discretion, the Company will match up to 25% of the
      first 4% contributed by employees to the plan. The Company's matching
      contribution can be made with either cash or common stock. Company
      contributions made from the Company's treasury stock, including the
      Company's cash dividends, totaled $81,000 in 1995, $99,000 in 1994, and
      $91,000 in 1993.

                                                                        PAGE F-9

J.   INCOME TAXES:
      The effective rate of the provision for income taxes as shown in the
      consolidated statements of earnings differs from the applicable statutory
      federal income tax rate for the following reasons:

                                          Percent of Pre-tax Income
                                          -------------------------
                                         1995         1994        1993
                                         ----         ----        ----
      Statutory rate                     35.0%        35.0%       35.0%
      State tax                           2.4%         2.6%        2.5%
      Tax exempt interest 
          and dividends                 -12.0%        -7.8%       -8.5%
      Other                              -0.1%        -0.1%       -0.3%
                                  -------------------------------------
      Effective rate                     25.3%        29.7%       28.7%
                                  =====================================

      The Company follows the liability method of computing deferred income
      taxes. The liability method provides that deferred tax assets and
      liabilities are recorded based on the differences between the tax basis of
      assets and liabilities and their carrying amounts for financial reporting
      purposes. The tax effects of the cumulative temporary differences
      resulting in a deferred tax asset are as follows at December 31:

                                         (In thousands)
                                         --------------
                                         1995         1994
                                         ----         ----
      Insurance                       $   3,810    $   3,467
      Environmental                       1,376        1,377
      Pension                            (1,160)      (1,234)
      Other                                 912          823
                                    -------------------------
                                      $   4,938    $   4,433
                                    =========================

K.    CONCENTRATIONS:
      One customer accounts for 36%, 35% and 34% of net sales for the years
      ended December 31, 1995, 1994 and 1993.

      Production levels at commercial plants may be affected by vendor failure
      to deliver tooling, material and critical parts within commitments. While
      recent years have witnessed virtual elimination of these circumstances,
      there is no assurance against recurrence. Deliveries of new products, some
      of which have been sourced overseas, could be delayed by labor or supply
      problems at the vendors or in transportation. As a consequence, these
      products may not be available in sufficient quantities during the prime
      selling period. While there has been no major incidence of such problems
      and the Company has made every reasonable effort to prevent occurrence,
      there is no assurance that such effort will be totally effective.

L.    ENVIRONMENTAL:
      The Company is involved in certain environmental investigation matters and
      restoration activities with governmental agencies. The Company has entered
      into an agreement with the Department of Army that provides a vehicle for
      funding costs related to environmental restoration. A total of $12,000,000
      has been appropriated in connection with that agreement to date. Based on
      costs incurred as of December 31, 1995 of $10,300,000 and anticipated
      future remediation activities, additional funds beyond the $12,000,000 are
      required. A further supplement of $15,000,000 was included in 1995
      legislation for fiscal 1996. However, those funds have not yet been
      obligated by the Army. To the extent the Army honors its contractual
      obligations, there will be no material effect on the results of
      operations. Management believes that the impact of these environmental
      matters, if any, on the Company's financial condition will not be
      material.

                                                                       PAGE F-10

M.    INTERIM FINANCIAL INFORMATION (UNAUDITED):
      The following represents unaudited financial information for 1995, 1994,
      and 1993:

                                      (In thousands)
                                      --------------
                         Net           Gross        Net          Earnings
        Quarter         Sales         Profit      Earnings       Per Share
        -------         -----         ------      --------       ---------

      1995
         First       $    17,962   $     5,207   $   2,547       $    0.35
         Second           15,882         4,482       2,497            0.35
         Third            29,039         9,691       4,797            0.65
         Fourth           57,289        23,416       9,128            1.26
                     ------------------------------------------------------
            Total     $  120,172    $   42,796    $ 18,969       $    2.61
                     ======================================================

      1994
         First       $    16,202   $     5,207   $   2,192       $    0.31
         Second           16,487         5,200       2,220            0.30
         Third            35,488        14,202       4,799            0.66
         Fourth           59,893        26,072      12,244            1.65
                     ------------------------------------------------------
            Total     $  128,070    $   50,681    $ 21,455       $    2.92
                     ======================================================

      1993
         First       $    22,370   $     7,612   $   3,096       $    0.43
         Second           14,275         5,344       2,628            0.36
         Third            24,663        10,364       4,335            0.60
         Fourth           57,272        24,586       8,596            1.16
                     ------------------------------------------------------
            Total     $  118,580    $   47,906    $ 18,655       $    2.55
                     ======================================================

      The Company's operations are in one industry segment.



                                                                       PAGE F-11
               REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS


Stockholders and Board of Directors
National Presto Industries, Inc.

      We have audited the accompanying consolidated balance sheets of National
Presto Industries, Inc. (a Wisconsin corporation) and subsidiaries as of
December 31, 1995 and 1994, and the related consolidated statements of earnings,
stockholders' equity, and cash flows for each of the three years in the period
ended December 31, 1995. These financial statements are the responsibility of
the Company's management. Our responsibility is to express an opinion on these
financial statements based on our audits.

      We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.

      In our opinion, the financial statements referred to above present fairly,
in all material respects, the consolidated financial position of National Presto
Industries, Inc. and subsidiaries as of December 31, 1995 and 1994, and the
consolidated results of their operations and their cash flows for each of the
three years in the period ended December 31, 1995 in conformity with generally
accepted accounting principles.

      We have also audited Schedule II of National Presto Industries, Inc. and
subsidiaries for each of the three years in the period ended December 31, 1995.
In our opinion, this schedule presents fairly, in all material respects, the
information required to be set forth therein.


/S/ Grant Thornton LLP
Minneapolis, Minnesota
February 15, 1996


                                                                       PAGE F-12

                NATIONAL PRESTO INDUSTRIES, INC. AND SUBSIDIARIES

                 SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

              For the Years Ended December 31, 1995, 1994 and 1993



<TABLE>
<CAPTION>
                                                                           (In thousands)
                                                                           --------------
                   Column A                        Column B          Column C          Column D          Column E
                   --------                        --------          --------          --------          --------
                                                  Balance at                                            Balance at
                                                   Beginning                                                End
                 Description                       of Period       Additions (A)    Deductions (B)       of Period
                 -----------                       ---------       -------------    --------------       ---------

Deducted from assets:
   Allowance for doubtful accounts:

<S>                                             <C>                <C>              <C>                <C>        
      Year ended December 31, 1995              $     450          $      572       $        572       $       450
                                               ===================================================================
                                                                                                       
      Year ended December 31, 1994              $     450          $      122       $        122       $       450
                                               ===================================================================
                                                                                                       
      Year ended December 31, 1993              $     450          $     (374)      $       (374)      $       450
                                               ===================================================================
                                                                                                    
</TABLE>


Notes:
   (A)  Amounts charged to selling and general expenses

   (B)  Principally bad debts written off, net of recoveries