<ARTICLE> 5 <LEGEND> Consolidated Condensed Balance Sheets and Statement of Income </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUL-31-1997 <PERIOD-START> NOV-01-1996 <PERIOD-END> JAN-31-1997 <EXCHANGE-RATE> 1.000 <CASH> 614,100 <SECURITIES> 260,900 <RECEIVABLES> 7,233,200 <ALLOWANCES> 0 <INVENTORY> 5,900,000 <CURRENT-ASSETS> 15,890,600 <PP&E> 27,801,000 <DEPRECIATION> 12,808,000 <TOTAL-ASSETS> 43,935,000 <CURRENT-LIABILITIES> 15,019,800 <BONDS> 13,504,100 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 291,300 <OTHER-SE> 11,683,500 <TOTAL-LIABILITY-AND-EQUITY> 43,935,000<F1> <SALES> 18,983,600 <TOTAL-REVENUES> 18,983,600 <CGS> 11,968,300 <TOTAL-COSTS> 21,894,800<F2> <OTHER-EXPENSES> (124,300) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,606,400<F3> <INCOME-PRETAX> (4,393,300) <INCOME-TAX> 367,000 <INCOME-CONTINUING> (265,200) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,025,500) <EPS-PRIMARY> (4.94) <EPS-DILUTED> (4.94) <FN> <F1>(29)Includes 3,948,600 of write off costs associated with merger <F2>(25)Includes long-term notes payable of $13,504,100 of assumed debt related to merger <F3>(32)Includes $1,485,600 of interest expense on debt assumed in merger </FN>