SECURITIES AND EXCHANGE COMMISSION
                       Washington, DC 20549

                          Schedule 13G

           Under the Securities Exchange Act of 1934
                     (Amendment No.   5  )*


                    Kennametal Incorporated                  
     
                      (Name of Issuer)

                 $1.25 Par Value Common Stock             
                   
               (Title of Class of Securities)

                        489 170 100                          
                     (CUSIP Number)


Check the following box if a fee is being paid with this statement.
(A fee is not required only if the filing person: (1) has a
previous statement on file  reporting beneficial ownership of more
than  five percent of the class of securities described in Item 1;
and  (2)  has  filed  no amendment  subsequent  thereto  reporting
beneficial ownership of five percent or less of such class.)  (See
Rule 13d-7.)

*  The remainder  of this  cover page  shall be  filled out  for a
reporting person's initial filing on this form with respect to the
subject  class of  securities,  and for  any subsequent  amendment
containing information which would alter the disclosures  provided
in a prior cover page.

The information required in the remainder of this cover page shall
not be deemed to be "filed"  for the purpose of Section 18  of the
Securities  Exchange Act of  1934 ("Act") or  otherwise subject to
the liabilities of that section of the Act but shall be subject to
all other provisions of the Act (however, see the Notes).



               (Continued on the following page(s))
                       Page 1 of  3   Pages





                                                             Page 2 of 3



CUSIP NO.  489 170 100
                                                            
                                      
(1)   Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
      Persons:

      First Union Corporation                   56-0898180

                                                            
                                      
(2)   Check the Appropriate Box if a Member of a Group (See Instructions)
      (a)                     [ ]
      (b)                     [ ]

                                                            
                                      
(3)   SEC Use Only

                                                            
                                      
(4)   Citizenship or Place of Organization:

      First Union Corporation - North Carolina
                                                            
                                      
Number of Shares              (5)Sole Voting Power                  368,057
Beneficially                  (6)Shared Voting Power
Owned by Each                 (7)Sole Dispositive Power             317,011
Reporting Person With:        (8)Shared Dispositive Power            55,446

                                                            
                                       
(9)   Aggregate Amount Beneficially Owned by Each Reporting Person

      372,457
                                                            
                                      
(10)  Check if  the Aggregate  Amount in Row  9 Excludes  Certain Shares  (See
      Instructions)
      [ ]

                                                            
                                      
(11)  Percent of Class Represented by Amount in Row 9
      1.4%
                                                            
                                      
(12)  Type of Reporting Person (See Instructions)

      First Union Corporation (HC)

                                                            
                                      

                                                 Page 3 of 3


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.

FIRST UNION CORPORATION 


Date February 13, 1995


Signature

Dorothy F. Crowe Assistant Vice President & Compliance Officer

Name  of Reporting  Person  and S.S.  or  I.R.S. Identification  No. of  Above
Person:


First Union Corporation (HC)                                      56-0898180
First Union National Bank of North Carolina (BK)                  56-0900030