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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Etz0UbcjZkJ3NCh4DZ0Hv/atI00IIH9VipBzKWMvJabWEkrJEAFM6TWJdhpG+qwP
 /2eo7skirWDJy9U8K6fl4Q==

<SEC-DOCUMENT>0001209191-03-031968.txt : 20031124
<SEC-HEADER>0001209191-03-031968.hdr.sgml : 20031124
<ACCEPTANCE-DATETIME>20031124171131
ACCESSION NUMBER:		0001209191-03-031968
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031120
FILED AS OF DATE:		20031124

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEERLESS MANUFACTURING CO
		CENTRAL INDEX KEY:			0000076954
		STANDARD INDUSTRIAL CLASSIFICATION:	GENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC [3569]
		IRS NUMBER:				750724417
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		2819 WALNUT HILL LN
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75229
		BUSINESS PHONE:		2143576181

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 540667
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75354

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			STONE SHERRILL
		CENTRAL INDEX KEY:			0001189377

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05214
		FILM NUMBER:		031021238

	BUSINESS ADDRESS:	
		STREET 1:		2819 WALNUT HILL LANE
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75229
		BUSINESS PHONE:		2143535590

	MAIL ADDRESS:	
		STREET 1:		2819 WALNUT HILL LANE
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75229
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bod10827_bod2ss.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-11-20</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000076954</issuerCik><issuerName>PEERLESS MANUFACTURING CO</issuerName>        <issuerTradingSymbol>PMFG</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001189377</rptOwnerCik><rptOwnerName>STONE SHERRILL</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>C/O PEERLESS MFG. CO.</rptOwnerStreet1><rptOwnerStreet2>2819 WALNUT HILL LANE</rptOwnerStreet2><rptOwnerCity>DALLAS</rptOwnerCity><rptOwnerState>TX</rptOwnerState><rptOwnerZipCode>75229</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>President and Chairman</officerTitle></reportingOwnerRelations
hip></reportingOwner><nonDerivativeTable><nonDerivativeHolding><securityTitle><value>Common Stock</value></securityTitle><postTransactionAmounts><sharesOwnedFollowingTransaction><value>46716</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeHolding></nonDerivativeTable><derivativeTable><derivativeTransaction><securityTitle><value>Non Qualified Stock Option</value></securityTitle><conversionOrExercisePrice><value>12.64</value></conversionOrExercisePrice><transactionDate><value>2003-11-20</value></transactionDate><deemedExecutionDate><value>2003-11-20</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>10000</value></transactionShares><transactionPricePerShare><value>12.64</value></transactionPr
icePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-11-20</value></exerciseDate><expirationDate><value>2013-11-20</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>10000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>78000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><ownerSignature><signatureName>/s/ Sherrill Stone</signatureName><signatureDate>2003-11-24</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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