<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>