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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 G5+FHwRIXZNXXXQky2iCjngAu8GOa35iNfjDGPUb9bAtQoE6xrB7TeYy9VjbN8NU
 ZFRAvC9j+Zw9n2onUYmVhA==

<SEC-DOCUMENT>0001144204-05-026082.txt : 20050817
<SEC-HEADER>0001144204-05-026082.hdr.sgml : 20050817
<ACCEPTANCE-DATETIME>20050817123211
ACCESSION NUMBER:		0001144204-05-026082
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050815
FILED AS OF DATE:		20050817
DATE AS OF CHANGE:		20050817

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WALKER FINANCIAL CORP
		CENTRAL INDEX KEY:			0000104224
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PHOTOFINISHING LABORATORIES [7384]
		IRS NUMBER:				132637172
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		370 OLD COUNTRY ROAD
		STREET 2:		SUITE 200
		CITY:			GARDEN CITY
		STATE:			NY
		ZIP:			11530
		BUSINESS PHONE:		5167464141

	MAIL ADDRESS:	
		STREET 1:		370 OLD COUNTRY ROAD
		STREET 2:		SUITE 200
		CITY:			GARDEN CITY
		STATE:			NY
		ZIP:			11530

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WALKER INTERNATIONAL INDUSTRIES INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WALKER COLOR INC
		DATE OF NAME CHANGE:	19851016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WALKER CINEMATOGRAPHY CORP
		DATE OF NAME CHANGE:	19720608

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Walker Peter
		CENTRAL INDEX KEY:			0001312899

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05418
		FILM NUMBER:		051032740

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		(845) 628-5041

	MAIL ADDRESS:	
		STREET 1:		74 JONATHAN DRIVE
		CITY:			MAHOPAC
		STATE:			NY
		ZIP:			10541
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v024249_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-08-15</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000104224</issuerCik>
        <issuerName>WALKER FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>WLKF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001312899</rptOwnerCik>
            <rptOwnerName>Walker Peter</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O WALKER FINANCIAL CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>990 STEWART AVE., STE. 60A</rptOwnerStreet2>
            <rptOwnerCity>GARDEN CITY</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>11530</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Secretary</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2005-08-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>11000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.23</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1092390</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On August 15, 2005, the Robert Walker Life Insurance Trust, of which Mr. Walker is a trustee, sold 11,000 shares of common
 stock of Walker Financial Corp. in an open market sale. These shares are owned of record by the Robert Walker Life Insurance
 Trust and indirectly by the reporting person as a trustee of this trust. The reporting person is the beneficiary of 450,000
 shares owned by this trust and is the brother of the beneficiary of the remaining shares owned by this trust. The reporting
 person disclaims any beneficial ownership to the shares owned by this trust other than the 450,000 shares for which he is
 the beneficiary under this trust. The shares subject to the transactions set forth on this Form 4 were sold by this trust
 for the benefit of the brother of the reporting person.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Peter Walker</signatureName>
        <signatureDate>2005-08-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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