SCHEDULE 13G/A
Page 1 of 4
Filing for Fiscal Year 1999

GRAHAM CORPORATION
Cusip # 384556106
AMENDMENT NO. 2

GRAHAM CORPORATION
Cusip Number   384556106
Page 2 of 4


1.	NAME OF REPORTING PERSON
S.S.  or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

		Wilen Management Company,Inc.
		52-1452536

2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
				(a)
				(b)	**

3.	SEC USE ONLY

4.	CITIZIN OR PLACE OF ORGANIZATION

NUMBER OF SHARES BENEFICALLY OWNED BY EACH REPORTING
PERSON WITH:

5.  SOLE VOTING POWER
		0 Shares

6.  SHARED VOTING POWER
		NONE

7.  SOLE DISPOSITIVE POWER
		0 Shares

8.  SHARES DISPOSTIVE POWER
		NONE

9.	AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH PERSON

		0 Shares

10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
	CERTAIN SHARES*

			N/A

11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

			0%

12.	TYPE OF REPORTING PERSON*

			IA

GRAHAM CORPORATION
Cusip Number   384556106
Page 3 of 4



Item 1.   Security and Issuer:

This statement relates to the common stock of Graham Corporation ("The Issuer")
20 Florence Avenue, P.O. Box 719, Batavia, New York 14021-0719

Item 2.   Identity and Background:

(a)	Name of Person Filing: Wilen Management Company, Inc.

(b)	Address of Principal Business Office:
2360 West Joppa Road, Suite 226
Lutherville, MD  21093

(c)	Citizenship or Place of Organization:   Maryland

(d)	Title of Class of Securities:  Common Stock

(e)	CUSIP Number:  384556106


Item 3.:

The Entity Filing is an Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940.


Item 4.  Ownership:

(a)	Amount Beneficially Owned:  0 shares

(b)	Percent of class:  0%

(c)	Number of Shares as to which such entity has:
(i)	Sole power to vote or to direct the vote:  0 shares
(ii)	Shared power to vote or to direct the vote:  None
(iii)	Sole power to dispose or to direct the disposition of: 0 shares.
(iv)	shared power to dispose or to direct the disposition of:  None


Item 5.  Ownership of Five Percent or Less of a Class of Securities:
Not Applicable


GRAHAM CORPORATION
Cusip Number   384556106
Page 4 of 4



Item 6.    Ownership of More Than Five Percent on Behalf of Another Person:

Not Applicable

Item 7.    Identification and Classification of Subsidiaries which acquired
the security being reported on by the Parent Holding Company:

Not Applicable

Item 8.    Identification and Classification of Members of the Group:

Not Applicable

Item 9.    Notice of Dissolution of Group:

Not Applicable

Item 10.  Certification:

By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes or effect.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Dated this 9th day of February, 2000.

_________________________________
Signature


James Wilen, President
Wilen Management Company, Inc.