SECURITIES AND EXCHANGE COMMISSION
                                  Washington, D.C.

          SECURITIES EXCHANGE ACT OF 1934
          RELEASE NO. 39578 / January 26, 1998


               The Securities and Exchange Commission announced the
          temporary suspension, pursuant to Section 12(k) of the Securities
          Exchange Act of 1934 (the "Exchange Act"), of over-the-counter
          trading of the securities of Struthers Industries, Inc.
          ("Struthers"), of Los Angeles, California at 9:30 a.m. on January
          26, 1998, and terminating at 11:59 p.m. on February 6, 1998.

               The Commission temporarily suspended trading in the
          securities of Struthers because of questions regarding the
          accuracy of statements and material omissions in a press release
          issued by Struthers on or about January 12, 1998 to the effect
          that, among other things: (1) Struthers continues to work closely
          with representatives of its former auditor, BDO Seidman, to
          resolve the "disagreement with the SEC" over the value of the
          IVDS licenses Struthers holds under contract; and (2) Struthers’
          former auditor strongly believes that Struthers has fairly and
          accurately valued these licenses.

               The Commission cautions broker-dealers, shareholders, and
          prospective purchasers that they should carefully consider the
          foregoing information along with all other currently available
          information and any information subsequently issued by Struthers.

               Further, brokers and dealers should be alert to the fact
          that, pursuant to Rule 15c2-11 under the Exchange Act, at the
          termination of the trading suspension, no quotation may be
          entered unless and until they have strictly complied with all of
          the provisions of the rule. If any broker or dealer has any
          questions as to whether or not he has complied with the rule, he
          should not enter any quotation but immediately contact the staff
          of the Securities and Exchange Commission in Washington, D.C.  If
          any broker or dealer is uncertain as to what is required by Rule
          15c2-11, he should refrain from entering quotations relating to
          Struthers’ securities until such time as he has familiarized
          himself with the rule and is certain that all of its provisions
          have been met.  If any broker or dealer enters any quotation
          which is in violation of the rule, the Commission will consider
          the need for prompt enforcement action.

               If any broker-dealer or other person has any information
          which may relate to this matter, the Washington, D.C. office of
          the Securities and Exchange Commission should be telephoned at
          (202) 942-4821.