SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  FORM 10-Q/A
                                AMENDMENT NO. 1


             [ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the quarterly period ended July 2, 1995


                         Commission file number 1-7349

                                BALL CORPORATION

                  State of Indiana                    35-0160610

                      345 South High Street, P.O. Box 2407
                             Muncie, IN 47307-0407
                                  317/747-6100


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and (2) has  been  subject  to s uch  filing
requirements for the past 90 days. Yes [ X ] No [ ]

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practicable date.

           Class                                   Outstanding at June 30, 1995 
     _______________________                       ____________________________ 
     Common Stock,
       without par value                                 30,070,020 shares

                                PORTIONS AMENDED

Exhibit 18.1 of the  Company's  Quarterly  Report on Form 10-Q for the quarterly
period ended July 2, 1995 is amended as set forth in the following pages.





                                   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)


By:  s/ R. David Hoover
     ____________________________                                         
     R. David Hoover
     Executive Vice President and 
       Chief Financial Officer

Date:      August 15, 1995      
     ____________________________






                       Ball Corporation and Subsidiaries
                         QUARTERLY REPORT ON FORM 10-Q
                                  July 2, 1995


                                 EXHIBIT INDEX



                Description                                  Exhibit
                -----------                                  -------


Letter Re:  Change in Accounting Principles                  EX-18.1