<TABLE> <S> <C>


<ARTICLE>                     5
<LEGEND>
            ***    RESTATED FINANCIAL DATA SCHEDULE    ***
THIS STATEMENT CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AT MARCH 31, 1996 AND JUNE 30, 1996 AND 
SEPTEMBER 30, 1996 AND THE CONSOLIDATED STATEMENT OF INCOME AND THE 
CONSOLIDATED STATEMENT OF CASH FLOW FOR THE QUARTERS ENDED MARCH 31, 1996 AND
JUNE 30, 1996 AND SEPTEMBER 30, 1996  AND IS QUALIFIED IN ITS ENTIRITY BY 
REFERENCE TO SUCH FINANCIAL STATEMENTS.             
</LEGEND>
<CIK>            0000003941            
<NAME>           ALLIED PRODUCTS CORPORATION             
<MULTIPLIER>           1,000                         
<CURRENCY>            US DOLLARS                          
       
<S>                           <C>                 <C>             <C>                                 
<PERIOD-TYPE>                 3-MOS               6-MOS           9-MOS
<FISCAL-YEAR-END>               DEC-31-1996         DEC-31-1996     DEC-31-1996 
<PERIOD-START>                  JAN-01-1996         JAN-01-1996     JAN-01-1996      
<PERIOD-END>                    MAR-31-1996         JUN-30-1996     SEP-30-1996    
<EXCHANGE-RATE>                       1.000               1.000           1.000
<CASH>                                1,005               8,699             314
<SECURITIES>                            0                   0               0
<RECEIVABLES>                        66,332              51,293          54,329
<ALLOWANCES>                            947                 914             819
<INVENTORY>                          57,238              65,030          53,341
<CURRENT-ASSETS>                    144,347             143,417         123,855
<PP&E>                               85,728              86,639          87,458
<DEPRECIATION>                       47,883              49,150          50,088
<TOTAL-ASSETS>                      190,039             188,625         168,864
<CURRENT-LIABILITIES>                88,985              82,213          59,608
<BONDS>                                 268                 221             174
<PREFERRED-MANDATORY>                   0                   0               0
<PREFERRED>                             0                   0               0
<COMMON>                                 94                  94              94
<OTHER-SE>                           97,912             103,342         106,260
<TOTAL-LIABILITY-AND-EQUITY>        190,039             188,625         168,864
<SALES>                              75,243             144,441         216,714
<TOTAL-REVENUES>                     75,243             144,441         216,714
<CGS>                                58,347             109,739         165,890
<TOTAL-COSTS>                        58,347             109,739         165,890
<OTHER-EXPENSES>                      9,369              18,427          26,803
<LOSS-PROVISION>                         67                 127             195
<INTEREST-EXPENSE>                      442                 920           1,294
<INCOME-PRETAX>                       7,527              16,275          24,021
<INCOME-TAX>                          2,409               5,615           8,555
<INCOME-CONTINUING>                   5,118              10,660          15,466
<DISCONTINUED>                          0                   0               0 
<EXTRAORDINARY>                         0                   0               0
<CHANGES>                               0                   0               0
<NET-INCOME>                          5,118              10,660          15,466
<EPS-PRIMARY>                           .37                 .78            1.14
<EPS-DILUTED>                           .37                 .77            1.12
        

 

</TABLE>