FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



(Mark One)

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

For the six month period ended   September 30, 1995

                                       OR

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

For the transition period from __________________ to __________________

Commission file number               1-6107

                               SKLAR CORPORATION
             (Exact name of registrant as specified in its charter)

              Pennsylvania                                 44-0625447
  (State or other jurisdiction of                (I.R.S. Employer Identification
   incorporation or organization)                            Number)

889 S. Matlack Street, West Chester, Pennsylvania            19382
(Address of principal executive offices)                   (Zip Code)

Issuer's telephone number   (610) 430-3200

     Check whether the issuer (l) 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___

               APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                  PROCEEDINGS DURING THE PRECEDING FIVE YEARS

     Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a court. Yes ________ No ________

                      APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares  outstanding of each of the issuer's  classes of
common equity, as of the latest practicable date.

                  Class                         Outstanding November 13, 1995

         (Common stock, $0.10 par value)                  1,237,711

Transitional Small Business Disclosure Format (Check one):  Yes _____ No   X


<PAGE>


                               SKLAR CORPORATION


                                     INDEX



                                                                        Page No.

Part I   Financial Information

         Balance Sheet -
                  September 30, 1995 ......................................3

         Statement of Income -
                  six months ended September 30, 1995 and 1994 ............4

         Statement of Cash Flows -
                  six months ended September 30, 1995 and 1994 ............5

         Notes to condensed financial statements ......................6 - 9

         Management's Discussion and Analysis of Financial
                  Condition and Results of Operations ................10 - 11


Part II   Other Information

         Item 1   Legal Proceedings .......................................11

         Item 3   Defaults Upon Senior Securities .........................12

                                       2

<PAGE>


                               SKLAR CORPORATION
                                 BALANCE SHEET
                                  (Unaudited)

<TABLE>
<CAPTION>
                                                            9/30/95
<S>                                                     <C>
ASSETS 
CURRENT ASSETS:
     Cash                                                $    29,148
     Accounts Receivable                                   1,440,486
     Inventories (Note 5)                                  2,635,598
     Prepaid Expenses                                         33,207
                                                         -----------
TOTAL CURRENT ASSETS                                       4,138,439

EQUIPMENT AND IMPROVEMENTS (Note 6)                          393,206
GOODWILL (Note 7)                                            883,338
OTHER ASSETS                                                 583,424
                                                         -----------
TOTAL ASSETS                                             $ 5,998,407
                                                         ===========

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
     Short-term Bank Borrowings (Note 2)                   1,395,000
     Current Portion-Long-Term Debt                          286,098
     Current Portion-Capital Lease Obligation                 21,041
     Trade Accounts Payable                                1,524,674
     Accrued Expenses                                        102,154
     Accrued Income Taxes                                      2,985
                                                         -----------
TOTAL CURRENT LIABILITIES                                  3,331,952

     Long-term Debt (Note 3)                                 596,019
     Long-term Capital Lease Obligation                        3,572
     Other Liabilities                                       145,741
                                                         -----------
TOTAL LIABILITIES                                          4,077,284
                                                         -----------

CONTINGENCIES

STOCKHOLDERS' EQUITY (Note 9):
     Series A convertible preferred stock, par value
       $.01 per share, authorized, 10,000,000 shares;
       issued and outstanding 24,825 shares                      248
     Series A subordinate convertible preferred stock,
       no par value, authorized 4,000 shares; issued
       and outstanding -0-                                         0
     Common stock, par value $.10 per share,
        authorized, 1,500,000 shares; issued and
        outstanding, 1,237,711 shares                        123,771
     Additional Paid-in Capital                            2,106,482
     Deficit                                                (309,378)
                                                         -----------
                                                           1,921,123
                                                         -----------

TOTAL LIABILITIES & STOCKHOLDER'S EQUITY                 $ 5,998,407
                                                         ===========
</TABLE>

                       See notes to financial statements

                                       3
<PAGE>


                               SKLAR CORPORATION
                              STATEMENTS OF INCOME
                                  AND DEFICIT
                                  (Unaudited)

<TABLE>
<CAPTION>
                                              For the Six months Ended
                                              9/30/95          9/30/94
<S>                                      <C>              <C>
Revenues:
   Net Sales (Note 10)                    $   4,553,406    $   2,712,435


Cost and Expenses:
  Cost of Goods Sold                          2,553,087        1,271,146
  Selling, General and Administrative         1,798,685        1,307,665
  Interest                                      161,595          103,634
                                          -------------    -------------

                                              4,513,367        2,682,445
                                          -------------    -------------

Income before taxes                              40,039           29,990


Provisions for Income Taxes
  Currently Payable (Note 8)                      6,500            6,000
                                          -------------    -------------

Net Income                                       33,539           23,990
                                          -------------    -------------

Preferred Dividend Requirement (Note 9)         155,156          155,156
                                          -------------    -------------

Loss Applicable to Common Shares          $    (121,617)   $    (131,166)
                                          -------------    -------------

Per Share Data:

Weighted Average Common Shares
  Outstanding                                 1,237,711        1,237,711
                                          -------------    -------------

Loss Per Share (Note 11)                  $       (0.10)   $       (0.11)
                                          =============    =============
</TABLE>








                       See notes to financial statements

                                       4
<PAGE>


                               SKLAR CORPORATION
                            STATEMENTS OF CASH FLOWS
                          INCREASE (DECREASE) IN CASH
                                  (Unaudited)

<TABLE>
<CAPTION>
                                                       For the Six months Ended
                                                        9/30/95        9/30/94
<S>                                                  <C>           <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
     Net Income                                       $   33,539    $   23,990
     Adjustments to reconcile net income to
       net cash provided by operating activities:
         Depreciation and amortization                   228,158       139,920
         Provision for losses on
             accounts receivable                          11,573        11,152

     Change in operating assets and liabilities:
         (Increase) decrease in accounts receivable     (279,761)       91,699
         (Increase) decrease in inventory                375,185       (75,663)
         (Increase) decrease in prepaid expense           (4,917)       (8,652)
         Increase (decrease) in accounts payable        (136,357)       20,616
         Increase (decrease) in accrued expenses           6,040       (54,768)
         Decrease in income taxes payable                 (4,656)      (35,053)
                                                      ----------    ----------

              Total Adjustments                          195,265        89,251
                                                      ----------    ----------
         Net cash provided by
                  (used in) operating activities         228,804       113,241
                                                      ----------    ----------

CASH FLOWS FROM INVESTING ACTIVITIES:
     Capital expenditures                                (37,505)      (49,648)
     Intangible Assets                                  (121,509)       (6,952)
                                                      ----------    ----------
         Net cash used in investing activities          (159,014)      (56,600)
                                                      ----------    ----------

CASH FLOWS FROM FINANCING ACTIVITIES:
     Net borrowings on line-of-credit                    110,000        44,000
     Net payments on capital lease (Note 12)              (9,697)      (13,128)
     Net payments on long term debt                     (260,062)      (55,986)
                                                      ----------    ----------
         Net cash used by
              financing activities                      (159,759)      (25,114)
                                                      ----------    ----------

NET INCREASE(DECREASE) IN CASH                           (89,969)       31,527
CASH BEGINNING OF PERIOD                                 119,117       (16,044)
                                                      ----------    ----------

CASH END OF THE PERIOD                                $   29,148    $   15,483
                                                      ==========    ==========
</TABLE>


                       See notes to financial statements

                                       5
<PAGE>


                               SKLAR CORPORATION
                         NOTES TO FINANCIAL STATEMENTS
                                  (Unaudited)


NOTE 1   MANAGEMENT'S REPRESENTATION

In the opinion of Management,  the unaudited  financial  statements  contain all
adjustments  necessary to present fairly the financial  position as of September
30, 1995 and the results of operations and cash flows for the period then ended.

NOTE 2   SHORT-TERM BANK BORROWINGS

On November  18,  1994 the Company  entered  into an amended  revolving  line of
credit agreement for $2,200,000  collateralized  by the sum of 80% of qualifying
accounts  receivable  plus 45% of  inventories.  Borrowings  based  on  eligible
inventories  have  a  fluctuating  maximum  allowable  balance  up to  $800,000.
Qualifying  accounts  receivable and inventory used as a basis for the September
30, 1995 borrowing totaled $1,929,000.  Unused available credit at September 30,
1995 was  $534,000.  The amount of available  credit line is dependent  upon the
balance of qualifying accounts receivable and inventory and is therefore subject
to change.

Borrowings from this line bear interest at the Bank's  National  Commercial Rate
(BNCR) plus 2.25% (two and one-quarter  percent). At September 30, 1995 the BNCR
was 8.75%.  The interest expense on short-term bank borrowings for 1995 and 1994
amounted to $83,961 and $62,220, respectively.

The terms of the  borrowing  agreement  state that the Company may not,  without
prior consent of the lender,  declare or pay any  dividends or incur  additional
debt or  obligations.  The  Company's  President,  Mr.  Don  Taylor,  personally
guaranteed  all  obligations  under  this  agreement  secured  by a lien  on his
personal assets.

On May 20,  1994 the Company  entered  into  agreements  with  Meridian  Bank to
restructure then existing financing agreements.  That amended line of credit had
a maximum principal amount of $1,600,000,  replacing the former $2,000,000.  The
rate  of  interest  on  this  line  was   calculated  at  the  BNCR  plus  2.5%.
Simultaneously, the Company negotiated a three year term loan of $400,000 at the
same interest rate, of which  principal of $11,111 and accrued  interest will be
paid in 36 monthly installments commencing September 1, 1994 and due in full May
1, 1997.

NOTE 3   LONG-TERM DEBT

On November 18, 1994,  coincident with the purchase of inventory from the Herwig
Division  of the  General  Medical  Corporation,  the  Company  entered  into an
additional short term borrowing  agreement with Meridian Bank which, on December
28, 1994,  was  converted to a 60 month  borrowing  arrangement.  The  long-term
agreement  with Meridian  Bank,  guaranteed by the United States Small  Business
Administration  (SBA), provided for the Company to borrow $700,000 with interest
at New York's Prime Rate plus 2.25% payable monthly.  The principal is repayable
in monthly  amounts  beginning in March 1995. The first three monthly  principal
payments were $50,000 and the remainder are $10,000 through December, 1999. This
loan is secured by the Herwig  inventory and all of the Company's other tangible
and intangible assets.

                                       6
<PAGE>



                               SKLAR CORPORATION
                         NOTES TO FINANCIAL STATEMENTS
                                  (Unaudited)

NOTE 3   LONG-TERM DEBT, (continued)

Additional monthly principal payments are required if the outstanding  principal
on the loan exceeds 50% of the Herwig  inventory  value,  including  replacement
inventory purchased in the ordinary course of business. The prime rate was 8.75%
at September 30, 1995.

On May 20, 1994 the Company  negotiated a three year term loan of $400,000  with
Meridian Bank as described in Note 2 above as part of a general restructuring of
existing financing agreements.

The contract  under which Dental  Corporation  of America (DCA) was acquired was
renegotiated  in April 1992.  The  renegotiated  contract,  among other  things,
changed  the  payment  terms from three  fixed  $100,000  annual  payments  plus
interest and  royalties  based upon future sales to a fixed  monthly  payment of
$12,000 for one year  commencing  April 1, 1992 followed by a monthly payment of
$5,000 for six years commencing April 1, 1993. The gross payments and associated
liability under the new agreement are substantially the same as those which were
recorded,  including interest,  upon the acquisition of DCA. Accordingly,  there
has  been  no  change  to the  financial  statements  in  connection  with  this
renegotiation.  The new agreement did however  change the aggregate  prospective
maturities.

NOTE 4   BUSINESS OPERATIONS

The Company imports and distributes under the Sklar,  Misdom-Frank,  Herwig, and
other trademarks hand-held,  non-electronic instruments for the surgical, dental
and veterinary fields.

On November 18, 1994 the Company  purchased the inventory of the Herwig Division
of the General Medical Corporation (GMC) for $871,922. In addition,  and as part
of the  purchase  agreement,  the Company  entered  into a  marketing  agreement
whereby the Company committed to supplying GMC with its medical instrument needs
for its customers for a fifty month term.  GMC is under no obligation to buy any
items  from the  Company  during  the term of the  agreement,  but if items  are
purchased by GMC the Company is obligated  to make certain  marketing  incentive
payments.

NOTE 5   INVENTORIES

Inventories  are  stated at the lower of cost  (first-in,  first-out  method) or
market.

NOTE 6   EQUIPMENT AND IMPROVEMENTS

Equipment and improvements are stated at cost less accumulated  depreciation and
amortization.  Depreciation  and  amortization  are  provided  generally  on the
straight-line  method over the useful lives of the assets which are estimated to
be three to ten years for  equipment and the shorter of the life of the lease or
the life of the asset for leasehold improvements.

                                       7
<PAGE>


                               SKLAR CORPORATION
                         NOTES TO FINANCIAL STATEMENTS
                                  (Unaudited)


NOTE 7   GOODWILL AND CATALOG DEVELOPMENT COSTS

Goodwill is amortized over twenty years, and catalog development costs are being
amortized  over at various  schedules  ranging  from 1 1/2 - 5 years for the six
month period ended  September 30, 1995. For the six month period ended September
30, 1994 goodwill and catalog  development costs were amortized over forty years
and 1 1/2 - 7 years, respectively.

NOTE 8   INCOME TAXES

Income taxes  represent  the State tax due.  Federal  income  taxes  payable are
offset by net operating loss  carryforwards and goodwill is reduced  accordingly
to reflect the utilization of the loss carryforwards.  No tax loss carryforwards
exist to offset state income tax payable.

As a  result  of the  merger  of  Medco  Jewelry  Corporation  and  Misdom-Frank
Corporation,  management  believes  there  may be  federal  net  operating  loss
carry-forwards available to Medco Jewelry Corporation at the date of merger that
have transferred to Sklar Corporation.  Such loss  carry-forwards and additional
post-merger operating losses totaling approximately $3,850,000,  which expire in
1995  ($1,596,000),  1997  ($244,000),  1998  ($974,000),  1999 ($50,000),  2000
($14,000),  2001 ($461,000),  and 2002  ($511,000),  are available as deductions
from federal taxable income of future years.

NOTE 9   STOCKHOLDERS' EQUITY

As of September 30, 1995, of the  1,500,000  shares of Common Stock  authorized,
1,237,711 are outstanding.  Of the Series A Convertible  Preferred Stock, 24,825
shares are authorized and outstanding.

The Series A  Convertible  Preferred  Stock may be redeemed by the Company after
March 1,  1986 at a price of $100 per  share and is  entitled  to a  liquidation
preference  of $100 per share plus  cumulative  dividends.  Annual  dividends of
$12.50 per share accrue cumulatively on the Series A Convertible Preferred Stock
commencing  on July 1, 1984,  payable on  September  30 of each year  commencing
September  30, 1985.  No dividends  have been declared in the years 1988 through
1995.

NOTE 10   SALES

A sale is recorded when title to the product passes to the customer.

NOTE 11   NET LOSS PER SHARE

Net loss per share is  computed by dividing  the net loss  applicable  to common
shares by the  weighted  average  number of shares of Common  Stock  outstanding
after giving effect to the ratably  accrued  preferred  dividend.  No effect has
been given to Common Stock equivalent shares as such would be anti-dilutive.

                                       8
<PAGE>


                               SKLAR CORPORATION
                         NOTES TO FINANCIAL STATEMENTS
                                  (Unaudited)


NOTE 12   CASH FLOW INFORMATION

For purposes of the statement of cash flows, the Company  considers cash in bank
and on hand as cash equivalents.

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:

Interest paid  amounted to $166,510 in the six months ended  September 30, 1995,
and $92,165 in the six months ended September 30, 1994.

Income  taxes paid  amounted to $10,629 in the six months  ended  September  30,
1995, and $25,616 in the six months ended September 30, 1994.

                                       9
<PAGE>


                               SKLAR CORPORATION
                       MANAGEMENT DISCUSSION AND ANALYSIS


The following  discussion and analysis  provides  information  which  management
believes is relevant to an assessment and understanding of the Company's results
of  operations  and  financial  condition.  The  discussion  should  be  read in
conjunction with the financial  statements and notes thereto appearing elsewhere
herein.

RESULTS OF OPERATIONS

The following table sets forth, for the periods indicated, the percentage of net
sales for certain items in the Company's Statements of Income for each period:

Income and Expense Items as Percentage of
Net Sales for the Six Month Periods ended September 30

                                 1995                                  1994
                                 ----                                  ----

Net Sales                       100.0%                                100.0%
Cost of Sales                    56.1                                  46.9
Gross Profit                     43.9                                  53.1
Selling, General and
  Admin. Expenses                39.5                                  48.2
Income (Loss) Before
  Interest & Taxes                4.4                                   4.9
Interest Expense                  3.5                                   3.8
Income Before
  Income Taxes                    0.9                                   1.1
Net Income                        0.7                                   0.9


SALES

For the six month  period  ended  September  30, 1995  compared to the six month
period  ended  September  30,  1994,  sales were up  $1,840,971  or 67.9%.  This
increase  reflects the impact of the marketing  agreement  entered into with the
Company's  major customer and the success of the Company's  approach to building
sales through an emphasis on marketing,  advertising and product pricing.  Sales
volume has  increased in the  Company's  surgical,  and  orthodontic  and dental
products;  surgical  instruments  account for 96.1% of the total sales increase.
Orthodontic and dental products have  experienced an 8.4% sales increase for the
period.

COST OF SALES

Cost of sales as a percentage of sales  increased  9.2% for the six month period
ended  September 30, 1995  compared to the six month period ended  September 30,
1994.  This  increase  reflects  the higher  cost of  products  as a result of a
weakened US dollar impacting the cost of products purchased in foreign currency.
The  diminishing  profit  margin as a percent of sales is also due to increasing
competitiveness  in the health care industry.  Management expects the Company to
continue to show a lower profit margin as a percent of sales in future periods.

                                       10
<PAGE>


                               SKLAR CORPORATION
                       MANAGEMENT DISCUSSION AND ANALYSIS


SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

Selling,  General and  Administrative  expenses  for the six month  period ended
September  30, 1995 have  increased  $491,020 or 37.5% from the six month period
ended September 30, 1994. The increase in these  expenditures is a result of the
Company's  commitment to an increased  marketing and advertising  effort and the
resulting  increased personnel and advertising costs. The increased sales volume
has also required  certain of these  increases.  Management  expects to continue
this level of expenditure in future periods.

As a percent of Net Sales, Selling,  General and Administrative expenses for the
six month period ended  September 30, 1995 are 8.7% lower than for the six month
period ended  September  30, 1994.  This lower overall  percentage  relationship
should be maintained if sales remain at their present levels.

INTEREST

Interest  costs  increased  $57,962  or 55.9%  for the six  month  period  ended
September 30, 1995 compared to the six month period ended September 30, 1994 due
to increased borrowing levels.  Borrowing increased primarily as a result of the
financing  necessary to purchase the inventory of the Herwig Division of General
Medical Corporation and finance the resulting business impact from the increased
sales volume the Company is experiencing.

INCOME TAXES

Federal  income tax  expense is reduced  in both  periods by the  available  net
operating loss carryforwards. Income tax expense represents the state income tax
payable.

LIQUIDITY AND CAPITAL RESOURCES

The  Company's  $2,200,000  revolving  line  of  credit  with  Meridian  Bank is
considered  adequate to meet the  financing  requirements  of the Company in the
foreseeable future.


                          PART II - OTHER INFORMATION


ITEM 1   LEGAL MATTERS

 (A) The  Company  has  filed  suit  against  the  former  principal  of DCA for
violating  terms of a non-compete  agreement  signed as part of a  re-negotiated
settlement for the purchase of DCA. This suit will seek the return of all moneys
paid to the former principal to date. This case is currently in the pleading and
discovery  stage,  therefore,  no assessment of the outcome of the case has been
made by legal counsel.

                                       11

<PAGE>

ITEM 3   DEFAULTS UPON SENIOR SECURITIES

As reported in  registrant's  form 10-Q for the quarter ended  December 31, 1985
and as further discussed in Note 9 to the financial  statements,  the registrant
did not  declare a dividend on its  cumulative  Series A  Convertible  Preferred
Stock on September 30, 1988 through 1995.







     PURSUANT TO THE  REQUIREMENTS  OF THE SECURITIES  EXCHANGE ACT OF 1934, THE
REGISTRANT  HAS DULY  CAUSED  THE  REPORT  TO BE  SIGNED  ON ITS  BEHALF  BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.



SKLAR CORPORATION








DON TAYLOR
PRESIDENT

November 13, 1995




                                       12