U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
Explanatory Note This Amendment Number 3 to the December 31, 2004 Form 10-QSB of Corning Natural Gas Corporation is being filed to amend the signature page to clarify the capacities and dates in which the persons are signing.
QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES AND
EXCHANGE ACT OF 1934
For The Quarter Ended December 31, 2004
0-643
(Commission File Number)
	Corning Natural Gas Corporation
New York	(Exact name of registrant as specified in its charter)
(State or other jurisdiction of
incorporation or organization)	16-0397420
	(IRS Employer ID No)
330 W William Street, PO Box 58, Corning, New York 14830
(Address of principal executive offices)
607-936-3755
(Registrants telephone number, including area code)

Indicate by checkmark whether the registrant (1) filed all reports required to be filed by Section 13 Or 15(d) of the Exchange Act of 1934 during the past 12 months and (2) has been subject to such filing requirements for at least the past 90 days. Yes X No ______.

Indicate by checkmark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Exchange Act). Yes ____ No _X__.

Number of shares of Common Stock outstanding at the end of the quarter. 506,918

There is only one class of Common Stock and no Preference Stock outstanding.

PART I FINANCIAL INFORMATION
	Item 1 Financial Statements
		Consolidated Balance Sheets at December 31, 2004 (Unaudited) and September 30, 2004
		Condensed Consolidated Statements of Income for the Three Months Ended
		December 31, 2004 (Unaudited) and 2003 (Unaudited)
		Consolidated Statements of Cash Flows for the Three Months Ended
		December 31, 2004 (Unaudited) and 2003 (Unaudited)
		Notes to Financial Statements
	Item 2 Management's Discussion and Analysis
	Item 3 Controls and Procedures
PART II OTHER INFORMATION
	Item 6 Exhibits

PART I FINANCIAL INFORMATION
Item 1 Financial Statements
CORNING NATURAL GAS CORPORATION AND SUBSIDIARY
Consolidated Balance Sheets
Unaudited
Form 10 QSB
Assets							December 31, 2004	September 30, 2004
Plant:
		Utility property, plant and equipment					$25,967,398	$25,749,195
		Non-utility property, plant and equipment					373,120	373,120
		Non-utility assets - discontinued operations					186,691	190,766
		Less accumulated depreciation					(10,123,511)	(9,953,708)
				Total plant utility and non-utility net			16,403,698	16,359,373
Investments:
	Marketable securities available for sale at fair value						2,223,184	2,058,709
	Investment in joint venture and associated companies						195,071	199,406
						Total investments	2,418,255	2,258,115
Current assets:
		Cash and cash equivalents					300,884	253,863
		Customer accounts receivable, (net of allowance for
			uncollectible accounts of $80,000)				2,479,192	910,795
		Gas stored underground, at average cost					2,469,281	3,552,908
		Gas inventories					230,529	241,802
		Prepaid expenses					449,763	619,155
		Current assets - discontinued operations					146,879	173,661
						Total current assets	6,076,528	5,752,184
Deferred debits and other assets:
		Regulatory assets:
						Unrecovered gas costs	2,373,209	1,257,783
						Deferred pension and other	590,014	612,010
		Goodwill (net of accumulated amortization of $521,294)					1,493,719	1,493,719
		Unamortized debt issuance cost (net of accumulated
		amortization of $259,879)					258,785	264,175
		Other					426,647	438,178
		Other assets - discontinued operations					497,530	509,774
					Total deferred debits and other assets		5,639,904	4,575,639
		Total assets					$30,538,385	$28,945,311
See accompanying notes to consolidated financial statements.

CORNING NATURAL GAS CORPORATION AND SUBSIDIARY
Consolidated Balance Sheets
Unaudited
Form 10 QSB
				December 31, 2004	September 30, 2004
Capitalization and liabilities:
Common stockholders' equity:
	Common stock (common stock $5.00 par
	value per share. Authorized 1,000,000 shares;
	issued and outstanding 507,000 shares at Dec 31, 2004
	and September 30, 2004)			$2,534,590	$2,534,590
	Other paid-in capital			959,512	959,512
	Retained earnings			2,524,400	2,333,193
	Accumulated other comprehensive loss			(939,636)	(990,718)
			Total common stockholders' equity	5,078,866	4,836,577
Long-term debt, less current installments				9,705,793	9,786,528
Long-term debt - discontinued operations				75,918	78,735
	Total Long-term debt			9,781,711	9,865,263
Current liabilities:
	Current portion of long term debt			148,837	79,999
	Borrowings under lines-of-credit			6,575,000	6,325,000
	Accounts payable			1,955,102	1,356,047
	Accrued expenses			500,669	474,873
	Customer deposits and accrued interest			1,369,483	1,037,270
	Deferred income taxes			273,790	558,681
	Other current liabilities - discontinued operations			27,178	61,035
		Total current liabilities		10,850,059	9,892,905
Deferred credits and other liabilities:
	Deferred income taxes			928,598	928,598
	Deferred compensation			1,736,536	1,678,486
	Deferred pension costs & post-retirement benefits			1,596,521	1,413,412
	Other			320,730	137,638
	Other deferred credits and other liabilites - discontinued operations			245,364	192,432
		Total deferred credits and other liabilities		4,827,749	4,350,566
Concentrations and commitments
	Total capitalization and liabilities			$30,538,385	$28,945,311
See accompanying notes to consolidated financial statements.

CORNING NATURAL GAS CORPORATION AND SUBSIDIARY
Condensed Consolidated Statements of Income
Unaudited
Form 10 QSB
		Quarter Ended
		December 31, 2004	December 31, 2003
Utility Operating Revenues		$5,485,152	$5,036,873
Cost and Expense
	Natural Gas Purchased	3,346,732	3,106,158
	Operating & Maintenance Expense	1,123,836	1,185,672
	Taxes other than Federal Income Taxes	337,924	318,402
	Depreciation	128,024	127,346
	Interest Expense	324,517	294,812
	Income Tax	81,855	34,098
	Other Deductions, Net	1,599	4,431
Total Costs and Expenses		5,344,487	5,070,919
Utility Operating Income (Loss)		140,665	(34,046)
Other Income		6,211	31,088
Net Income (Loss) from Utility Operations		146,876	(2,958)
Net Income from Non-Utility Operations		66,501	52,712
Net Income from Continuing Operations		213,377	49,754
Loss from Discontinued Operations, Net of Income Tax		(22,170)	(91,537)
Net Income (Loss)		191,207	(41,783)
Other Comprehensive Income		51,082	64,613
Total Comprehensive Income		$242,289	$22,830
Weighted average earnings per share-
	basic & diluted	$0.377	($0.085)
Weighted average earnings per share = Net income as shown above divided
by 506,918 and 491,330 shares at December 31, 2004 and 2003, respectively.

CORNING NATURAL GAS CORPORATION AND SUBSIDIARY
Consolidated Statements of Cash Flows
For the Quarter Ended December 31, 2004 and 2003
Unaudited
Form 10-QSB
				2004	2003
Cash flows from operating activities:
	Net income (loss)			$191,207	($41,783)
	Adjustments to reconcile net income to net cash
		provided by (used in) operating activities:
		Depreciation and amortization		155,839	161,924
		(Gain) loss on sale of marketable securities		626	(11,735)
		Deferred income taxes		(82,978)	(30,262)
Changes in assets and liabilities:
	(Increase) decrease in:
		Accounts receivable		(1,534,581)	(1,267,657)
		Gas stored underground		1,083,627	214,724
		Gas inventories		11,273	(645)
		Prepaid expenses		186,390	177,912
		Unrecovered gas costs		(1,115,426)	(459,716)
		Deferred charges - pension and other		27,129	218,956
	Increase (decrease) in:
		Accounts payable		653,379	200,625
		Customer deposit liability		332,213	274,769
		Other liabilities and deferred credits		203,162	352,256
			Net cash provided by (used in) operating activities	111,860	(210,632)
Cash flow from investing activities:
	Purchase of securities available for sale			(81,944)	(37,974)
	Capital expenditures, net of minor disposals			(218,203)	(224,273)
		Net cash used in investing activities		(300,147)	(262,247)
Cash flows from financing activities:
	Net borrowings under lines-of-credit			250,022	500,000
	Repayment of long-term debt			(14,714)	(57,531)
		Net cash provided by financing activities		235,308	442,469
		Net increase (decrease) in cash		47,021	(30,410)
		Cash and cash equivalents at beginning of period		253,863	266,160
		Cash and cash equivalents at end of period		$300,884	$235,750
Supplemental disclosures of cash flow information:
	Cash paid during the period for:
		Interest		$315,985	$299,868
Income taxes				$209,089	$0

Corning Natural Gas Corporation

Notes to Consolidated Financial Statements

Note A - Basis of Presentation

The information furnished herewith reflects all adjustments, which are in the opinion of management necessary to a fair statement of the results for the period. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principals generally accepted in the United States of America have been condensed or omitted pursuant to SEC rules and regulations, although the Company believes the disclosures which are made are adequate to make the information presented not misleading.

The condensed consolidated financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's latest annual report on Form 10-KSB. These unaudited interim financial statements have not been audited or certified by a firm of certified public accountants.

It is the Company_s policy to reclassify amounts in the prior year financial statements to conform with the current year presentation.

Note B - New Accounting Standards

In November 2004, the FASB issued SFAS No. 151, "Inventory Costs" (SFAS 151). This statement amends the guidance in ARB No. 43, Chapter 4, "Inventory Pricing," to clarify the accounting for abnormal amounts of idle facility expense, freight, handling costs, and wasted material (spoilage). SFAS 151 requires that those items be recognized as current-period charges. In addition, this statement requires that allocation of fixed production overheads to costs of conversion be based upon the normal capacity of the production facilities. The provisions of SFAS 151 are effective for inventory cost incurred in fiscal years beginning after June 15, 2005. As such, the Company is required to adopt these provisions in the beginning of fiscal 2006. The Company is currently evaluating the impact of SFAS 151 on its consolidated financial statements.

Note C - Pension and Other Post-retirement Benefit Plans

The Company uses September 30, 2004 as the measurement date for its plans.

Components of Net Period Benefit Cost:

			Three months ended Dec 31, 2004
		Pension Benefits					Other Benefits
		2005			2004		2005		2004
Service cost	$	90,248		$	114,596	$	8,434	$	9,971
Interest cost		187,628			185,047		17,519		17,737
Expected return on plan assets		(175,545)			(164,256)		0		0
Amortization of prior service cost		17,885			28,720		12,186		15,606
Amortization of net (gain) loss		81,578			114,431		(5,473)		(3,111)
Net periodic benefit cost	$	201,794		$	278,538	$	32,666	$	40,203

Pension Plan Assets

The Company's Pension Plan weighted-average asset allocations at December 31, 2004 and 2003 by asset category are as follows:

	Plan Assets
	At December 31
	2004	2003
Asset Category	46%	71%
Equity Securities	44%	28%
Debt Securities	10%	1%
Other	100%	100%

There is no Company Common Stock included in the plan assets.

Amounts recognized in the Statement of Financial Position consist of:

		Pension Benefits				Other Benefits
		2005		2004		2005		2004
Prepaid Benefit Cost
Accrued Benefit Cost	$	(1,796,982)	$	(1,831,012)	$	(1,035,520)	$	(956,675)
Intangible Assets		266,828		337,541
Accumulated Other
Comprehensive Income		1,202,787		1,606,009
Net Amount Recognized	$	(327,367)	$	112,538	$	(1,035,520)	$	(956,675)

The accumulated benefit obligation for all defined benefit pension plans is $11,199,055 at September 30, 2005 and $10,685,637 at September 30, 2004, respectively.

Information for pension plans with an accumulated benefit obligation in excess of plan assets:

			September 30
		2005			2004
Projected Benefit Obligation	$	12,858,704		$	12,269,200
Accumulated Benefit Obligation		11,199,055			10,685,637
Fair Value of Plan Assets		9,402,073			8,854,625

The plan objective is to provide real (inflation adjusted) growth in assets vs. benchmark over a complete market cycle. The plan objective assumes asset growth will meet or exceed 7.5% of (risk adjusted) growth over a complete market cycle.

Investment guidelines are based upon an investment horizon of greater than five years. There is a requirement to maintain sufficient liquid reserves to provide for payment of retirement benefits.

The Asset Allocation Guidelines for the Fund are as follows:

	Minimum	Maximum
Domestic Common Stock
Large/Mid Cap	15%	50%
Small Cap	5%	15%
Reits	0%	20%
International Common Stock	10%	20%
Total Equities	30%	75%
Total Fixed Income	20%	60%
Cash	0%	10%

These Asset Allocation Guidelines reflect the Fund's desire for investment return. They also reflect the full discretion of the Investment Manager to shift the asset mix within the specified ranges.

The desired investment objective is a long-term rate of return on assets that is approximately 7.5%. The target rate of return for the plan has been based upon the assumption that future real returns will approximate the long-term rates of return experienced for each asset class of the Investment Policy Statement over a complete business cycle. The plan's overall annualized total return after deducting advisory, money management and custodial fees, as well as total transaction costs should perform above an index comprised of market indices weighted by the strategic asset allocation of the plan.

In order to accomplish the investment goals, the Investment Committee believes that the investments of the Fund must be diversified to provide the Investment Manager with the flexibility to invest in various types of assets. The Investment Committee recognizes that a moderate amount of risk must be assumed to achieve the Plan's long term objectives. The Investment Committee believes that the Company's prospects for the future, current financial conditions, and several other factors suggest collectively that the plan can tolerate some interim fluctuations in market value and rates of return in order to achieve long-term objectives.

Contributions

The Company expects to contribute $432,792 to its Pension Plan in 2005. The Post Retirement Benefit Plan is not funded.

Estimated Future Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid:

	Pension	Other
	Benefits	Benefits
2005	$510,776	$53,361
2006	600,893	64,655
2007	710,575	74,700
2008	693,463	75,078
2009	676,385	75,165
Years 2010 - 2014	3,501,552	416,212

Assumed health care cost trend rates have a significant effect on the amounts reported for health care plans. A one-percentage-point change in assumed health care cost trend rates would have the following effect:

	1 - Percentage-	1 - Percentage-
	Point Increase	Point Decrease
Effect on total of service and interest cost	$4,275	($3,755)
Effect on postretirement benefit obligation	$47,033	($41,297)

CORNING NATURAL GAS CORPORATION

FORM 10-QSB FOR THE QUARTER ENDED DECEMBER 31, 2004

Item 2 - Management's Discussion & Analysis

As the Company's business is seasonal, the interim results should not be used as an indication of what results of the fiscal year 2005 may be.

Consolidated revenue of $6,581,000 for the quarter increased $108,800 compared to the same quarter last year due primarily to increased local production revenue in the utility operations.

Consolidated net income for the quarter was $191,200 compared to a loss of $41,800 in the same quarter the previous year. Net income of $146,900 was experienced in the utility operations compared to a loss of $3,000 last year. The increase is due to increased local production revenue, as well as incentive revenue discussed below. Corning Realty experienced earnings of $71,500 for the quarter compared to earnings of $46,900 for the same quarter last year as the result of reduced advertising, occupancy and commission expenses. Tax Center International experienced a loss of $28,300 compared to earnings of $22,900 last year. In October 2004, the Company discontinued operations of Tax Center International. Corning Mortgage experienced a loss of $5,000 compared to earnings of $5,800 last year.

The former Appliance segment experienced net income of $6,100 versus a loss of $136,500 last year. The assets of the Appliance Corporation were sold and operations discontinued in September 2003, but in the first quarter of last year that segment still incurred expense allocations that were established in the Company's last rate case. Those allocations are currently being deferred, as discussed below.

On March 12, 2004, the Company filed with the PSC a petition to amend the Joint Proposal approved in its last rate case. Among the matters highlighted in the Petition as requiring review and modification were: (a) the allocation of costs between utility and non-utility business functions to reflect the sale of the Company's Appliance business; (b) restrictions on the Company's ability to record as current income the $174,124 annual additional revenues for improving its equity ratio; (c) the treatment of the costs of Pensions and Other Post-Retirement Benefits (OPEBs) for prior periods; and (d) the computation of costs pertaining to natural gas stored underground. On July 23, 2004, the Company reached a settlement (Joint Proposal) with the staff of the Public Service Commission. The Joint Proposal represents a negotiated resolution of the issues, and was approved by the Public Service Commission on September 1, 2004. The Joint Proposal provides for the release of $174,124 of annual incentive revenu e. The Joint Proposal also provides for the filing of a deferral petition for the allocation costs resulting from the sale of the Appliance business. Hence, these costs have been deferred on the balance sheet, and subject to future PSC review for recovery through utility rates.

The Company finances its capital additions, as well as gas purchased, through a combination of internally generated funds and short-term borrowing. For all operations, the Company has $7,750,000 available through lines of credit at local banks, the terms of which are disclosed in the Company's latest annual report on form 10-KSB. It is expected that, on a consolidated basis, current capital resources will continue to be sufficient for the Companys operations over the next twelve months. As described in the Company's Petition to the PSC, however, the sufficiency of cash flow for regulated operations continues to be dependent upon resources from the Company's unregulated operations.

Segment Overview:

The following table reflects year to date results of the segments consistent with the Company's internal financial reporting process. The following results are used in part, by management, both in evaluating the performance of, and in allocating resources to, each of these segments.

		Gas Company	(2) Appliance Corporation	(3) Tax Center	Corning Realty	(4) Foodmart Plaza	Corning Mortgage	Consolidated
Revenue:(1)
2004	$5,485,152		$15,572	$20,185	$1,061,090	---	($744)	$6,581,255
2003	5,036,873		14,026	135,137	1,199,267	75,550	11,545	6,472,398
Net income (loss):(1)
2004	146,876		6,138	(28,308)	71,518	---	(5,017)	191,207
2003	(2,958)		(136,512)	22,941	46,920	22,034	5,792	(41,783)
Interest income:(1)
2004	6,060		40,145	2,971	---	---	---	49,176
2003	30,747		24,067	3,040	---	---	---	57,854
Interest expense:(1)
2004	324,517		3,311	---	15,372	---	1,906	345,106
2003	294,811		4,510	---	28,086	14,700	1,886	343,993
Total assets:
2004	27,601,186		974,487	131,689	1,635,750	---	195,273	30,538,385
2003	28,087,930		929,845	284,774	1,593,698	1,130,549	198,077	32,224,873
Depreciation and amortization:
2004	133,414		900	4,274	17,251	---	---	155,839
2003	132,736		900	3,982	16,340	7,966	---	161,924
Federal income tax expense:
2004	81,855		3,162	(14,583)	40,414	---	(2,585)	108,263
2003	34,098		8,803	11,818	24,170	(11,351)	2,984	70,522

(1) Before elimination of intercompany interest.

(2) The Appliance Co. discontinued operations in September 2003.

(3) Tax Center International discontinued operations in October 2004.

(4) Foodmart discontinued operations in July 2004.

Interest income and expense have been displayed in the segment in which it has been earned or incurred. Segment interest expense other than the Gas Company is included within unregulated expenses in the consolidated statements of income.

There were no sales of unregistered securities (debt of equity) during the quarter ended December 31, 2004.

Item 3 - Controls and Procedures

a. Evaluation of Disclosure Controls and Procedures. As of the end of the period covered by this quarterly report Form 10-QSB the Company carried out an evaluation, under the supervision and with the participation of the Company's management, including our Chief Executive Officer and our Chief Financial Officer, of the effectiveness of the design and operation of our "disclosure controls and procedures" (as defined in the Securities Exchange Act of 1934 Rules 13a-15). Based upon that evaluation, or Chief Executive Officer and Chief Financial Officer concluded that, as of the Evaluation Date, our disclosure controls and procedures were effective to ensure that material information relating to us and our consolidated subsidiaries is recorded, processed, summarized and reported in a timely manner.

b. Changes in Internal Controls. There have been no changes in our internal controls over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Part II - Other Information

Item 6 - Exhibits

The following documents are filed as exhibits to this Report:

31.1 Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1 Certification of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350

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

.

Date:

December 6, 2005

_/s/ Thomas K. Barry_______________

Thomas K. Barry, Chairman of the Board, President and CEO.

Date:

December 6, 2005

_/s/ Kenneth J. Robinson____________

Kenneth J. Robinson, Executive Vice President and Chief Financial Officer

Date:

December 6, 2005

/s/ Gary K. Earley__________________

Gary K. Earley, Treasurer, Principal Accounting Officer

Corning Natural Gas Corporation Certification under Section 906 of the Sarbanes/Oxley Act - filed as part of the 10-QSB for Quarter Ended Decemeber 31, 2004.

Presented on signature page of 10-QSB

CERTIFICATION

Each of the undersigned hereby certifies in his capacity as an officer of Corning Natural Gas Corporation (the "Company") that the Quarterly Report of the Company on Form 10-QSB for the period ended Decemeber 31, 2004 fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934 and that the information contained in such report fairly presents, in all material respects, the financial condition of the Company at the end of such period and the results of operations of the Company for such period.

Dated: February 14^th 2005

_/s/Thomas K. Barry_______________

Thomas K. Barry, Chairman of the Board,

Chief Executive Officer

_/s/Kenneth J. Robinson_____________

Kenneth J. Robinson, Executive Vice President,

Chief Financial Officer

CERTIFICATION PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Thomas K. Barry, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Corning Natural Gas Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the small business issuer as of, and for, the periods presented in this report;

4. The small business issuer's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the small business issuer and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the small business issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the small business issuer's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the small business issuer's internal control over financial reporting that occurred during the small business issuer's most recent fiscal quarter (the small business issuer's fourth fiscal quarter in the case of an annual report) that has materially affected, or reasonably likely to materially affect, the small business issuer's internal control over financial reporting; and

5. The small business issuer's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the small business issuer's auditors and the audit committee of the small business issuer's board of directors (or persons performing the equivalent function):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the small business issuer's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the small business issuer's internal control over financial reporting.

Date: February 14^th 2005

_/s/ Thomas K. Barry______________

Thomas K. Barry, Chairman of the Board, Chief Executive Officer

I, Kenneth J Robinson, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of Corning Natural Gas Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the small business issuer as of, and for, the periods presented in this report;

4. The small business issuer's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the small business issuer and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the small business issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the small business issuer's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the small business issuer's internal control over financial reporting that occurred during the small business issuer's most recent fiscal quarter (the small business issuer's fourth fiscal quarter in the case of an annual report) that has materially affected, or reasonably likely to materially affect, the small business issuer's internal control over financial reporting; and

5. The small business issuer's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the small business issuer's auditors and the audit committee of the small business issuer's board of directors (or persons performing the equivalent function):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the small business issuer's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the small business issuer's internal control over financial reporting.

 

Date: February 14^th 2005

_/s/ Kenneth J. Robinson______________

Kenneth J. Robinson, Executive Vice President, Chief Financial Officer