<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the financial statements of Selas Corporation of America for the three months ended March 31, 1995 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <EXCHANGE-RATE> 1. <CASH> 5,640,303 <SECURITIES> 0 <RECEIVABLES> 27,828,162 <ALLOWANCES> 552,131 <INVENTORY> 8,411,524 <CURRENT-ASSETS> 44,332,271 <PP&E> 28,920,385 <DEPRECIATION> 11,978,744 <TOTAL-ASSETS> 77,084,132 <CURRENT-LIABILITIES> 25,684,766 <BONDS> 10,934,492 <COMMON> 3,702,426 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 30,974,948 <TOTAL-LIABILITY-AND-EQUITY> 77,084,132 <SALES> 21,471,505 <TOTAL-REVENUES> 21,471,505 <CGS> 15,942,679 <TOTAL-COSTS> 15,942,679 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 3,000 <INTEREST-EXPENSE> 281,320 <INCOME-PRETAX> 1,734,931 <INCOME-TAX> 571,308 <INCOME-CONTINUING> 1,163,623 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,163,623 <EPS-PRIMARY> 0.34 <EPS-DILUTED> .00