<ARTICLE> 5 <CIK> 0000351685 <NAME> HELM RESOURCES, INC. <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 77 <SECURITIES> 0 <RECEIVABLES> 2,431 <ALLOWANCES> 0 <INVENTORY> 235 <CURRENT-ASSETS> 3,209 <PP&E> 10,680 <DEPRECIATION> 8,341 <TOTAL-ASSETS> 8,611 <CURRENT-LIABILITIES> 6,445 <BONDS> 3,252 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 25 <OTHER-SE> (3,230) <TOTAL-LIABILITY-AND-EQUITY> 8,611 <SALES> 4,985 <TOTAL-REVENUES> 4,985 <CGS> 0 <TOTAL-COSTS> 3,780 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 199 <INCOME-PRETAX> (269) <INCOME-TAX> 0 <INCOME-CONTINUING> (269) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (269) <EPS-PRIMARY> (.12) <EPS-DILUTED> 0