<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 120 <SECURITIES> 0 <RECEIVABLES> 1240 <ALLOWANCES> 22 <INVENTORY> 1897 <CURRENT-ASSETS> 3357 <PP&E> 25625 <DEPRECIATION> 15264 <TOTAL-ASSETS> 16646 <CURRENT-LIABILITIES> 3407 <BONDS> 4250 <PREFERRED-MANDATORY> 0 <PREFERRED> 7 <COMMON> 380 <OTHER-SE> 4139 <TOTAL-LIABILITY-AND-EQUITY> 16646 <SALES> 5469 <TOTAL-REVENUES> 5469 <CGS> 5003 <TOTAL-COSTS> 5003 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 120 <INCOME-PRETAX> 385 <INCOME-TAX> 120 <INCOME-CONTINUING> 265 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 365 <EPS-PRIMARY> 0 <EPS-DILUTED> 0<F1><F2><F3> <FN> <F1>Consists of Marathon Stock issued, $288; Steel Stock issued, $83; Delhi Stock issued, $9. <F2>Primary earnings per share applicable to Marathon Stock, $0.75; Steel Stock, $0.49; Delhi Stock, $0.25. <F3>Fully diluted earnings per share applicable to Marathon Stock, $0.74; Steel Stock, $0.48; Delhi Stock, $0.25. </FN>