U. S. Securities and Exchange Commission
                           Washington, D. C.  20549
                     
                                  Form 10-QSB

(Mark One)
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
    EXCHANGE ACT OF 1934

            For the quarterly period ended March 31, 1999

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

       For the transition period from _______________ to _______________
       
                         Commission File Number  0-15910

                            Control Chief Holdings, Inc.
          (Exact name of small business issuer as specified in its charter)

                       New York                   16-0955704
            (State or other jurisdiction of      (I.R.S. Employer 
            incorporation or organization)       Identification No.)

       P.O. Box 141, 200 Williams Street, Bradford, Pennsylvania  16701
                    (Address of principal executive offices)

                                (814) 368-4132
                         (Issuer's telephone number)

                                Not Applicable
              (Former name, former address and former fiscal year, 
               if changed since last report)
               
    Check whether the issuer (1) filed all reports required to be filed by 
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for 
such 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 [ ]  No [X]

                    APPLICABLE ONLY TO CORPORATE ISSUERS

    The number of shares outstanding of issuer's Common Stock, par 
value $.50 per share, as of March 31, 1999 was 999,739 shares.

    Transitional Small Business Format (Check one):  Yes  [ ]    No  [X]



             
           
                  Control Chief Holdings, Inc. and Subsidiary
                  
                              Table of Contents
                                                                           
                                   

Part I       Financial Information

Item 1       Financial Statements
              Consolidated Balance Sheets                                     
              Consolidated Statements of Operations and Retained Earnings 
              Consolidated Statements of Cash Flows                           
              Notes to Financial Statements                                   

Item 2      Management's Discussion and Analysis or Plan of Operation          

Part II     Other Information

Item 6      Exhibits and Reports on Form 8-K                               

Signatures                                                                     




Part I - Financial Information
Item 1.  Financial Statements


Control Chief Holdings, Inc. and Subsidiary
Consolidated Balance Sheets

[CAPTION]

                                                    March 31,     June 30, 
                                                       1999         1998    
                                                   ----------   ---------- 
                                                   (Unaudited)

  
                    
Assets
Current assets
   Cash and cash equivalents                       $  746,263   $   22,067    
   Accounts receivables, less allowance for
      doubtful accounts of $49,520 and $50,000        957,309    1,624,073
   Inventories                                      1,556,345    1,639,008 
   Other current assets                                78,782      284,405
                                                   ----------   ---------- 
            Total current assets                    3,338,699    3,569,553
                                                   ----------   ----------
Equipment and leasehold improvements, net             705,549      668,818
                                                   ----------   ----------
Other assets                                            8,073        8,073
                                                   ----------   ---------- 
            Total assets                           $4,052,321   $4,246,444
                                                   ----------   ----------
                                                   ----------   ----------

Liabilities and Stockholders' Equity
Current liabilities
   Short-term debt                                 $   -         $ 150,000  
   Current maturities of long-term debt               170,755      170,755
   Accounts payable trade                             267,722      547,266
   Accrued items                                      431,172      484,082
                                                   ----------   ----------
            Total current liabilities                 869,649    1,352,103
                                                   ----------   ----------
Long-term debt, less current maturities               117,834      260,317
                                                   ----------   ----------
Deferred income taxes                                  28,864       29,664
                                                   ----------   ----------
Stockholders' equity
   Common stock, $.50 par value, authorized 
    5,000,000 shares,issued 1,014,095 shares, 
    of which 14,356 shares at March 31, 1999  
    and 9,263 shares at June 30, 1998 were 
    held in the treasury                              507,048      507,048
   Capital in excess of par value                   1,120,586    1,120,586
   Retained earnings                                1,469,659    1,013,877
                                                   ----------   ---------- 
                                                    3,097,293    2,641,511
Less treasury shares at cost                           61,319       37,151
                                                   ----------   ----------
            Total stockholders' equity              3,035,974    2,604,360
                                                   ----------   ----------
                                                   $4,052,321   $4,246,444
                                                   ----------   ----------
                                                   ----------   ----------


[FN]
See accompanying notes to financial statements.








Control Chief Holdings, Inc. and Subsidiary
Consolidated Statements of Operations and Retained Earnings
(Unaudited)

[CAPTION]


                                 Three Months Ended     Nine Months Ended
                                    March 31,               March 31,    
                                1999         1998       1999         1998     
                             ----------  ----------   ----------  ----------  


Revenues
   Net sales                 $1,438,224  $2,298,016   $6,058,939  $6,320,983 
   Gain on sale 
    of land and 
    building                       -          -            -         127,088 
   Other income                   8,786       2,387       16,426      37,951 
                             ----------  ----------   ----------  ----------   
        Total revenues        1,447,010   2,300,403    6,075,365   6,486,022 
                             ----------  ----------   ----------  ----------
Costs and expenses
   Cost of products 
    sold                        631,662   1,294,391    3,166,790   3,480,511 
   Selling expense              359,427     373,363    1,092,204     991,384 
   General and  
    administrative              240,583     241,755      718,321     768,247 
   Research and 
    development                  72,953      48,659      213,381     156,075 
   Interest expense               3,677      13,278       21,600      42,124 
                             ----------  ----------   ----------  ---------- 
     Total costs and 
      expenses                1,308,302   1,971,446    5,212,296   5,438,341 
                             ----------  ----------   ----------  ----------
Earnings before income 
 taxes                          138,708     328,957      863,069   1,047,681
                                                            
Federal and state income 
 taxes
   Currently payable             59,000     139,200      358,100     444,400 
   Deferred                       (300)     (3,500)        (800)     (6,700)  
                             ----------  ----------   ----------  ----------
                                 58,700     135,700      357,300     437,700
                             ----------  ----------   ----------  ----------
    Net earnings                 80,008     193,257      505,769     609,981 

Retained earnings at 
 beginning of period          1,389,651     857,385    1,013,877     481,239 

Cash dividends paid               -        (40,571)     (49,987)    (81,149) 
                             ----------  ----------   ----------  ----------
Retained earnings at 
 end of period               $1,469,659  $1,010,071   $1,469,659  $1,010,071 
                             ----------  ----------   ----------  ----------
                             ----------  ----------   ----------  ----------

Basic earnings per 
 common share                     $ .08       $ .19        $ .51       $ .60 

Dividends paid per
 common share                     $  -        $ .04        $ .05       $ .08 

Weighted average number of
common shares outstanding       999,739   1,013,965    1,000,348   1,013,965


[FN]
See accompanying notes to financial statements.








Control Chief Holdings, Inc. and Subsidiary
Consolidated Statements of Cash Flows
(Unaudited)

[CAPTION]

                                                    Nine Months Ended   
                                                         March 31,      
                                                     1999         1998
                                                  ----------   ----------   

  
Cash flows from operating activities
   Net earnings                                    $ 505,769    $ 609,981   
   Adjustments to reconcile net earnings
     to net cash provided by 
     (used in) operating activities:
      Depreciation and amortization                   64,190       69,746
      Deferred income taxes                            (800)      (6,700)   
      Gain on sale of land and building                 -       (127,088)   
      Change in assets and liabilities:
        (Increase) decrease in receivables           666,764    (422,659)
        (Increase) decrease in inventories            82,663    (520,253)
        Decrease in other current assets             205,623      114,966
        Increase (decrease) in accounts 
         payable and accruals                      (332,454)      229,085
                                                  ----------   ----------   
          Net cash provided by (used in) 
           operating activities                    1,191,755     (52,922)
                                                  ----------   ----------
Cash flows from investing activities
   Proceeds from sale of land and building              -         150,000
   Purchase of equipment and leasehold 
    improvements                                   (100,921)    (131,873)
   Receipts of principal on note receivable             -           1,284
                                                  ----------   ----------     
         Net cash provided by (used in) 
          investing activities                     (100,921)       19,411
                                                  ----------   ----------
Cash flows from financing activities
   Net borrowings (repayments) of 
    short-term debt                                (150,000)      170,000
   Net repayments of long-term debt                (142,483)    (140,604)
   Purchase of treasury stock                       (24,168)        -    
   Purchase and retirement of 
    fractional common shares                           -          (1,844)   
   Dividends paid                                   (49,987)     (81,149)
                                                  ----------   ----------
         Net cash used in financing 
          activities                               (366,638)     (53,597)
                                                  ----------   ----------   
Net increase (decrease) in cash                      724,196     (87,108)

Cash at beginning of period                           22,067      132,007

Cash at end of period                              $ 746,263    $  44,899
                                                  ----------   ----------   
                                                  ----------   ----------
Cash paid during the period for:
   Interest                                       $   21,600    $  42,124
   Income taxes                                       75,492      175,131



[FN]
See accompanying notes to financial statements.



Control Chief Holdings, Inc. and Subsidiary
Notes to Financial Statements

1.  Basis of Presentation

The financial statements include the accounts of Control Chief Holdings, 
Inc. and its wholly-owned subsidiary, Control Chief Corporation, (the 
"Company"). All significant intercompany accounts are eliminated upon 
consolidation. 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 at the date of the financial statements, the 
disclosure of contingent a reported amounts of revenues and expenses 
during the reporting period. Actual results could differ from the 
estimates. In the opinion of management, all adjustments, consisting 
only of normal recurring adjustments, necessary for a fair presentation 
of the financial information for the periods indicated, have been 
included. Interim results are not necessarily indicative of results 
for a full year.

The financial statements and notes are presented as permitted by Form 
10-QSB, and do not contain certain information included in the Company's 
annual financial statements and notes. Accordingly, these statements 
should be read in conjunction with the consolidated financial statements 
and notes thereto appearing in the annual report of the Company on 
Form 10-KSB for the fiscal year ended June 30, 1998.

2.  Earnings Per Common Share

In 1997, the Financial Accounting Standards Board (FASB) issued Statement 
No. 128, "Earnings per Share." Statement No. 128 replaced the calculation 
of primary and fully diluted earnings per share with basic and diluted 
earnings per share. Unlike primary earnings per share, basic earnings 
per share excludes any dilutive effects of options, warrants and 
convertible securities. Diluted earnings per share is very similar to 
the previously defined fully diluted earnings per share. Although the 
Company has issued stock equivalents in the form of stock options, the 
dilutive earnings per share amounts would be the same as basic earnings 
per common share.

3.  Cash Dividends Paid

The Board of Directors of the Company approved a cash dividend 
totaling $49,987 ($.05 per share) payable on September 25, 1998 to 
holders of record at the close of business on September 7, 1998.


Part I - Financial Information
Item 2.  Management's Discussion and Analysis or Plan of Operations

The following discussion and analysis may be understood more fully 
by reference to the consolidated financial statements, notes to the 
consolidated financial statements, and management's discussion and 
analysis or plan of operations contained in the Control Chief Holdings, 
Inc. and Subsidiary annual report on Form 10-KSB for the fiscal year 
ended June 30, 1998.

General

Control Chief Holdings, Inc. ("the Company") functions as a holding 
company and is the sole shareholder of Control Chief Corporation 
("Control Chief"). Control Chief designs, engineers and produces remote 
control devices for material handling equipment and other industrial 
applications. These controls use either radio or infrared waves as 
communications media to transmit control data from portable units to 
receivers mounted on various types of apparatus. All models of products 
are microprocessor-based systems. Remote controls provide the customer a
cost-effective means to achieve greater operational safety and flexibility.
These devices are utilized worldwide in concert with various material 
handling equipment, industrial machines, process equipment and mobile
apparatus. Control Chief markets its products through a network of
independent manufacturers' representatives located in key geographical
centers throughout the United States, Canada, and Central and South
America. Additionally, products are sold through direct efforts, 
distributors, private labeling agreements and licenses.

Forward-Looking Information

Management's Discussion and Analysis or Plan of Operation includes 
certain forward-looking statements which reflect management's current 
views with respect to future operating performance, ongoing cash 
requirements, and the Year 2000 Issue. The words "believe," "expect," 
"anticipate" and similar expressions identify forward-looking statements. 
These forward-looking statements are subject to certain risks and 
uncertainties which could cause actual results to differ materially 
from historical results or those anticipated. Factors that could or 
contribute to such differences include those discussed elsewhere herein.
Readers are cautioned not to place undue reliance on these forward-
looking statements.

Risk Factors That May Affect Future Results

The Company's results of operations may be affected in the future by 
a variety of factors including: competitive pricing pressures, new product 
offerings by the Company and competitors, new technologies, product cost 
changes, changes in the overall economic climate, availability of raw 
materials, and product mix. The Company experiences competition for its 
remote controls from several suppliers of similar products. Throughout 
the world there are numerous remote control manufacturers. The Company 
competes principally on the basis of technology and quality. Worldwide 
competition is extremely price conscious with many companies entering 
and exiting the market. While significant market shares have not 
fluctuated with the traditional suppliers to the market, new entrants 
have depressed prices. The Company believes its products are 
competitively priced taking into consideration the Company's reputation 
as a long time, high-quality manufacturer of reliable, durable state of 
the art devices.


Results of Operations

The following table sets forth certain financial data, as a percentage 
of total revenues, for the three and nine month periods ended 
March 31, 1999 and 1998.


                                    Three Months Ended  Nine Months Ended 
                                         March 31,          March 31,     
                                      1999      1998      1999      1998  
                                     ------    ------    ------    ------

     Revenues
      Net Sales                       99.4%     99.9%     99.7%     97.5%
      Gain on sale of land
       and building                     -         -         -        2.0%
      Other income                     0.6%      0.1%      0.3%      0.5%
                                     ------    ------    ------    ------
     Total revenues                  100.0%    100.0%    100.0%    100.0%
                           
     Costs and expenses
      Cost of products sold           43.7%     56.3%     52.1%     53.7%
      Selling expense                 24.8%     16.2%     18.0%     15.3%
      General and 
       administrative                 16.6%     10.5%     11.8%     11.8%
      Research and development         5.0%      2.1%      3.5%      2.4%
      Interest expense                 0.3%      0.6%      0.4%      0.6%
                                     ------    ------    ------    ------
Total costs and expenses              90.4%     85.7%     85.8%     83.8%
                                     ------    ------    ------    ------

Earnings before income taxes           9.6%     14.3%     14.2%     16.2%

Provision for income taxes             4.1%      5.9%      5.9%      6.8%
                                     ------    ------    ------    ------

Net earnings                           5.5%      8.4%      8.3%      9.4%
                                     ------    ------    ------    ------
                                     ------    ------    ------    ------

NET SALES. Net sales decreased to $1,438,224 for the three months 
ended March 1999 from $2,298,016 for the three months ended March 1998, 
a decrease of 37.4%. For the nine-month period ended March 1999, net 
sales decreased $262,044 or 4.1% as compared to the nine-month period 
for the prior year. Demand for the Company's products reflected a 
decrease for the third quarter of fiscal 1999. Sales and demand for the 
Company's spare parts and services remained fairly constant.

COST OF PRODUCTS SOLD AND GROSS MARGIN. Cost of products sold decreased 
by $662,729 for the three months ended March 1999 as compared to the 
same period last year. For the nine-month period ended March 1999, cost 
of products sold decreased by $313,721 or 9.0% as compared to the 
nine-month period last year. This overall decrease in the cost of 
products sold is consistent with the overall decrease in net sales for 
the comparable periods and management's cost reduction measures.  Gross 
margin decreased for the to $806,562 from $1,003,625 for the three months 
ended March 1998, due to the reduction in revenues in the current period.  
Gross margin, expressed as a percentage of revenues, increased 12.4% 
from 43.7% for March 1998 to 56.1% for March 1999.  For the nine-month 
period ended March 1999, the gross margin percentage increased by 2.8% 
from 44.9% in 1998 to 47.7% in 1999. The change in the gross margin 
percentage is attributable to the product mix, price competition and 
cost reduction measures.

WARRANTIES. The Company's products are generally under warranty against
defects in material and workmanship, the duration of which generally does 
not extend beyond one year.  Actual experience has indicated that the 
amount of warranty expense has not fluctuated significantly, and the 
estimated future warranty obligation relating to the Company's products
would not have a material effect on the Company's financial position or
results of operations.  Therefore, the Company has charged warranty 
expense against earnings as the expense is incurred.  Because the Company
has not accrued for warranty expense, it will incur expenses associated
with prior sales which are not presently reflected in the Company's
financial statements.  If the Company were to have accrued for estimated
warranty expense instead of deducting the current period expenses, the
difference would have been less than 1% of the net earnings of the
Company for the periods reported.  Warranty costs of approximately
$14,500 and $16,400 for the three months ended March 31, 1999 and 1998,
respectively, are included in the costs of products sold.  Warranty 
costs of approximately $40,700 and $44,600 for the nine months ended
March 31, 1999 and 1998, respectively, are included in the costs of
products sold during those periods.

SELLING, GENERAL AND ADMINISTRATIVE COSTS. Selling, general and 
administrative costs reflected a slight decrease of $15,108 for the three
months ended March 1999 as compared to the same period last year. These
costs increased as a percentage of net sales from 26.8% in 1998 to 41.7%
in 1999, due principally to the reduction in revenues in the current
period and relatively fixed salaries and other administrative costs.
For the nine-month period ended March 1999, selling, general and
adminstrative costs increased by $50,594 as compared to the same nine-
month period last year.  Overall, for the nine-month periods ended
March 31, selling, general and administrative costs increased as a
percentage of net sales from 27.8% in 1998 to 29.9% in 1999.

RESEARCH AND DEVELOPMENT COSTS. Research and development costs increased 
by $24,294 or 49.9% for the three months ended March 1999 as compared to 
the same period last year. For the nine-month period ended March 1999, 
research and development costs increased by $57,306 or 36.7% as compared 
to the same nine-month period last year. This increase reflects the 
Company's continuing commitment to invest funds in research and 
development to stay abreast of technological changes, enhance its 
current products and develop new product lines. It is the Company's 
policy not to release public information relating to its research 
and development programs until new or enhanced products are ready for 
the market. The premature public notification of product development, 
in the opinion of management, stands to potentially reduce the 
anticipated return on its research and development investment by 
notifying competitors of a significant portion of the Company's 
marketing strategy.

INTEREST EXPENSE. Interest expense decreased by $9,601 for the three 
months ended March 1999 as compared to the same period last year. 
Interest expense decreased by $20,524 for the nine months ended March 
1999. This decrease reflects the overall reduction in the Company's 
short-term debt due to an improvement in the Company's working capital 
and cash flow, and the decrease in long-term debt due to normal and 
additional principal payments.  

EARNINGS BEFORE INCOME TAXES. Earnings before income taxes were $138,708 
for the three months ended March 1999 as compared to $328,957 for the 
three months ended March 1998, representing a decrease of $190,249 or 
57.8%. Earnings before income taxes were $863,069 for the nine months 
ended March 1999 as compared to $1,047,681 for the nine months ended 
March 1998. Included in the pretax earnings for 1998 is a gain in the 
amount of $127,088 from the sale, in July 1997, of the Company's facility 
located in Lewis Run, Pennsylvannia. Excluding the gain, earnings 
before income taxes reflect a decrease of $57,524, or 6.2%, for the 
nine months ended March 1999 over 1998.

INCOME TAXES. The Company's effective income tax rate was 42.3% and 41.4% 
for the three and nine-month periods ended March 1999 as compared to 
41.3% and 41.8% for the three and nine-month periods ended March 1998.

NET EARNINGS. Overall earnings, after income taxes, were $80,008 and 
$505,769 for the three and nine-month periods ended March 1999 as 
compared to earnings, after income taxes, of $193,257 and $609,981
for the three and nine-month periods ended March 1998.

EARNINGS PER COMMON SHARE. The Company's earnings per common share 
were $.08 and $.51 for the three and nine-month periods ended March 
1999, which represents a decrease of  $.11 and $.09 per common share 
over the three and nine-month periods ended March 1998, respectively.

Liquidity, Capital Resources and Financial Condition

The Company has a $750,000 line of credit with National City Bank of 
Pennsylvania (the "Bank"). The revolving credit line is collateralized 
by substantially all of the assets of the Company, with a variable 
interest rate equal to the Bank's prevailing prime rate. The line of 
credit is used to finance accounts receivable and inventory of the 
Company. At March 31, 1999, there was no borrowing outstanding under 
this financing arrangement. The line of credit is subject to an annual 
review by the Bank each November.

In addition to the line of credit, the Company has a commercial term 
loan, dated January 1997, in the original amount of $650,000 with 
National City Bank. The term loan bears interest at 8.47% and is being 
repaid in forty-eight (48) monthly principal and interest installments 
of $16,050. At March 31, 1999, a total of $281,258 was outstanding under 
this term loan.

The Company also has a term loan with GMAC Financing. The balance 
outstanding at March 31, 1999 was $7,331.

The Company's liquidity improved during the period. At March 31, 1999, 
the Company had net working capital of $2,469,050, compared to $2,217,450 
at June 30, 1998. The Company's current ratio also improved during the 
nine months of fiscal 1999, with current assets at 3.84 times current 
liabilities at March 31, 1999, compared to 2.64 at June 30, 1998.

During the nine-month period ended March 1999, the Company's cash 
expenditures for equipment totaled $100,921. In addition, during the 
nine months of fiscal 1999, the Company repaid $292,483 of bank 
indebtedness, paid cash dividends totaling $49,987, and purchased 
common stock for its treasury in the amount of $24,168.

Current financial resources, including working capital and the existing 
line of credit, and anticipated funds from operations are expected to 
be sufficient to meet cash requirements throughout fiscal 1999, 
including scheduled long-term debt repayment and planned capital 
expenditures. There can be no assurance, however, that unplanned capital 
replacement or other future events will not require the Company to 
seek additional debt or equity financing and, if so required, that it 
will be available on terms acceptable to the Company.

During the nine months ended March 1999, the Company's net cash provided 
by operations was $1,191,755 as compared to net cash used in operations 
of $52,922 for the nine months ended March 1998.


Impact of Year 2000 Issue

The year 2000 issue is the result of computer programs being written 
using two digits rather than four to define the applicable year. As a 
result, any of the Company's computer programs that have time-sensitive 
software may recognize a date using "00" as the year 1900 rather than 
the year 2000. This could result in a system failure or miscalculations 
causing disruptions of operations, including among other things, a 
temporary inability to process transactions, prepare invoices, or engage 
in similar normal business activities.

The Company's management has directed its computer and communication 
systems group ("the group") to review, assess, and address the potential 
problems within the Company's operations which could result from the 
Year 2000 century change. The Company has not hired outside consultants 
to assess the Company's Year 2000 compliance.  The group has started 
to coordinate the identification of, and will coordinate the 
implementation of, changes to computer hardware and software 
applications necessary to insure Year 2000 compliance and the integrity 
and reliability of the Company's informational, operational and 
manufacturing systems. The group has also started to coordinate 
the identification of potential Year 2000 problems related to the 
Company's non-informational technology systems and material third parties.

Concurrently, the Company has completed implementation of  a new 
company-wide information system.  This system addresses and solves the 
great majority of the Company's Year 2000 internal operational issues. 
The new computer system has replaced the Company's mainframe computer.  
The new system has also replaced the majority of the Company's 
information technology ("IT") in its internal operations, which includes 
applications used in manufacturing, payroll processing, client order 
processing, inventory management and various administrative functions. 
The costs of these upgrades and conversions, approximately $140,000 to 
date and estimated to total $165,000 in the aggregate, are not included 
in the Company's current or future estimated Year 2000 costs as these 
upgrades and conversions were planned prior to its Year 2000 compliance 
plan and their implementation has not been accelerated because of the 
Year 2000 problem.

It is estimated that the group is approximately 95% complete as to its 
assessment of the Company's  IT systems and that costs to complete its 
final assessment, remediation and testing of these IT systems are 
immaterial with respect to the Company's overall operating costs. The 
Company does not separately track the internal costs incurred for the 
Year 2000 project and that such costs are principally the related 
payroll costs for its information systems group.  The Company estimates 
that the cost of this phase will not exceed $10,000.

The assessment phase with respect to non-informational technology 
systems is approximately 70% complete with final assessment plans and 
any appropriate remediation and testing scheduled to be completed by 
June 30, 1999. The group has reviewed and tested the embedded chips 
and microprocessors in the products it has previously manufactured and 
in the products it currently manufactures and has determined that 
these do not create a Year 2000 problem. The Company in response to 
its customers' requests, issues a standard 2000 letter.  The group has 
not concluded its final assessment of embedded chips in its manufacturing
equipment and of other non-informational technology systems but does
not anticipate any major date-sensatvie problems. It is estimated that the
cost to date of this phase of its compliance plan has not exceeded $2,000.
Further, the Company does not expect to incur material costs to complete
this phase of its plan.

The group is approximately 50% complete as to the assessment of Year 2000 
compliance by material third parties. The group has received written 
assurance from its financial institution that its systems will be Year 
2000 compliant. The group has identified its other material third parties, 
such as customers, major  suppliers, manufacturers' representatives and 
utility and communication companies, that  might have a material adverse 
effect on the Company's manufacturing business, results of operations 
and financial position if they are not Year 2000 compliant. The group has
completed and mailed a questionaire to survey those third parties as to
their Year 2000 readiness. Approximately 500 requests were sent during
the first calendar quarter of 1999. To date, the Company has received
approximately a 47% response from the material third parties. These
responses have indicated that these third parties were either Year 2000
compliant or in the process of completing their compliance plans and
testing. A follow up questionaire will be sent during the second quarter
of calendar year 1999.  In addition, alternative suppliers will be
identified for those vendors not expected to be Year 2000 compliant. Costs
to date have been immaterial with respect to the Company's overall
operating expenditures. Additional costs to complete this phase are not
expected to exceed approximately $5,000.

Should the Company have a systems failure due to the century change, or 
a material third party with whom the Company deals with or relies upon 
to deliver materials for manufacturing be unable to assure Year 2000 
compliance or timely supply materials, the Company believes that the 
most significant impact would likely be a delay of thirty to ninety 
days beyond scheduled delivery dates of its custom products. The 
Company anticipates that it would be able to support its spare parts 
and repair business for approximately thirty days without major
interruptions based upon historical demand and inventory quantities. If
significant numbers of the Company's customers are not Year 2000 compliant,
it may reduce or delay such customer demands for the Company's products. To
the extent the Company discovers any Year 2000 problems, the Company 
may incur additional significant costs in order to remedy such deficiencies.

The group has not yet drafted a formal contingency plan with respect to 
the Year 2000 problem. The group intends to complete a formal 
contingency plan to present to the Company's directors and management 
during the third calendar quarter of 1999.  It is anticipated that 
this plan will primarily address how the Company should prepare for 
problems that may result from material third parties not being Year 
2000 compliant.


Part II - Other Information

Item 6.  Exhibits and Reports on Form 8-K
        
      a)  Exhibit 27 Financial Data Schedule.

      b)  The Company filed no Reports on Forms 8-K during the reporting
          period.
 



                                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.


                                        Control Chief Holdings, Inc.
                                        ----------------------------
                                                (Registrant)


Date: May 14, 1999                       By: \s\ Douglas S. Bell
                                             -------------------
                                             Douglas S. Bell
                                             Chairman of the Board,
                                             Chief Executive Officer and
                                             President