5

The schedule contains summary financial information extracted from the Graham Corporation consolidated balance sheet and consolidated statement of operations and retained earnings and is qualified in its entirety by reference to such financial statements.

1,000 6-MOS DEC-31-1996 JUN-30-1996 1,886 0 7,711 0 6,138 16,851 23,716 14,905 27,289 9,987 1,951 0 0 106 9,276 27,289 25,080 25,080 17,996 17,996 0 0 238 1,357 521 836 0 0 0 836 0.78 0.78