SECURITIES AND EXCHANGE COMMISSION
                                       
                            Washington, D.C.  20549
                                       
                                   FORM 8-K
                                       
                                CURRENT REPORT
                                       
                                       
                                       
                                       
                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934
                                       
       Date of Report (Date of earliest event reported) January 26, 1994
                                       
                                       
                                        BALL CORPORATION
            (Exact name of registrant as specified in its charter)



                                              Indiana
                (State or other jurisdiction of incorporation)
                                       
                                       
                                       
                  1-7349                                    35-0160610
   (Commission File Number)               (IRS Employer Identification No.)



             345 South High Street, Muncie, Indiana    47305-2326
             (Address of principal executive office)   (Zip Code)



Registrant's telephone number, including area code:  (317) 747-6100

                               Ball Corporation
                          Current Report on Form 8-K
                            Dated January 27, 1994
                                       
                                       
                                       
Item 5.  Other Events.

The report of earnings was announced by Ball Corporation on January 26, 1994,

pursuant to a copy of the press release attached hereto as Exhibit EX-21 and

incorporated herein by reference.



Item 7.  Financial Statements and Exhibits



(c)  Exhibits



     EX-21 - Other Documents or Statements to Security Holders.



          Text of a press release disseminated by the

          registrant on January 26, 1994.

                               Ball Corporation
                          Current Report on Form 8-K
                            Dated January 27, 1994
                                       
                                       
                                   SIGNATURE
                                       
                                       

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                          BALL CORPORATION
                          (Registrant)
                          
                          
                          
Date:  January 27, 1994   By: /s/George A. Sissel
                              George A. Sissel
                              Senior Vice President, Corporate Affairs;
                                Corporate Secretary and General Counsel
                            
                              

                               Ball Corporation
                          Current Report on Form 8-K
                            Dated January 27, 1994

                                 EXHIBIT INDEX
                                       
                                       
Exhibit   Description

EX-21          Text of a press release disseminated by the
          registrant on January 26, 1994.