10-Q/A

                                   FORM 10-Q

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


              ______________________________________________

            [X]  Quarterly Report Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934
                 For the quarterly period ended March 30, 1996

                                       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 1-7737


                     ARROW AUTOMOTIVE INDUSTRIES, INC.
 ________________________________________________________________________
         (Exact name of registrant as specified in its charter)

 ____________MASSACHUSETTS_________       ___________04-1449115__________
 (State or other jurisdiction of            (I.R.S. Employer I.D. No.)
 incorporation or organization)

 3 SPEEN STREET, FRAMINGHAM, MASSACHUSETTS             ___01701____
 (Address of principal executive offices)               (Zip Code)

 Registrant's telephone number, including area code (508) 872-3711


 Indicate by check mark whether the registrant (1) has filed all reports to be
 filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
 preceding 12 months (or for such shorter period that the registrant was
 required to file such reports), and (2) has been subject to such filing
 requirements for the past 90 days.
 Yes   X     No   __

 Indicate the number of shares outstanding of each of the issuer's classes of
 common stock, as of the latest practicable date:  2,873,083 shares of the
 Company's Common Stock ($.10 par value) were outstanding as of May 6, 1996.








                                 Page 1 of 18

                       ARROW AUTOMOTIVE INDUSTRIES, INC.


 PART II.  OTHER INFORMATION

 ITEM 1.  Legal Proceedings.

          None.

 ITEM 2.  Changes in Securities.

          None.

 ITEM 3.  Default upon Senior Securities.

          None.

 ITEM 4.  Submission of Matters to a Vote of Security Holders.

          None.

 ITEM 5.  Other Information.

          None.

 ITEM 6.  Exhibits and Reports on Form 8-K.

          A.  Exhibits

               Exhibit 10.1   Fourth Amendment and Waiver      Page 13
                              to Revolving Credit and Term
                              Loan Agreement with The
                              First National Bank of Boston
                              dated as of March 30, 1996

               Exhibit 27.    Financial Data Schedule          Page 18










                                 Page 11


                       ARROW AUTOMOTIVE INDUSTRIES, INC.

                                   SIGNATURES


      Pursuant to the requirements of the Securities Exchange Act of 1934, the
 registrant has duly caused this report to be signed on its behalf by the
 undersigned thereunto duly authorized.



                              ARROW AUTOMOTIVE INDUSTRIES, INC.
                              (Registrant)


         
                              _____________________________________
                              Jim L. Osment
                              President and Chief Executive Officer

          June 25, 1996       /s/ James F. Fagan
                              _____________________________________
                              Executive Vice President, Treasurer
                              and Chief Financial Officer
























                                 Page 12

EX-27

 

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
BALANCE SHEET AND STATEMENT OF OPERATIONS, AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          JUN-29-1996
<PERIOD-END>                               MAR-30-1996
<CASH>                                             446
<SECURITIES>                                         0
<RECEIVABLES>                                   15,464
<ALLOWANCES>                                       589
<INVENTORY>                                     37,842
<CURRENT-ASSETS>                                56,447
<PP&E>                                          36,062
<DEPRECIATION>                                  23,164
<TOTAL-ASSETS>                                  71,374
<CURRENT-LIABILITIES>                           17,594
<BONDS>                                         18,321
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           297
<OTHER-SE>                                      31,622
<TOTAL-LIABILITY-AND-EQUITY>                    71,374
<SALES>                                         79,101
<TOTAL-REVENUES>                                79,101
<CGS>                                           62,843
<TOTAL-COSTS>                                   62,843
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,568
<INCOME-PRETAX>                                (1,281)
<INCOME-TAX>                                     (460)
<INCOME-CONTINUING>                              (821)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     (821)
<EPS-PRIMARY>                                   (0.29)
<EPS-DILUTED>                                   (0.29)