<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheet of Barnes Group Inc. at June 30, 1998, and the related consolidated statement of income for the six months ended June 30, 1998, and is qualified in its entirty by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 37,133 <SECURITIES> 0 <RECEIVABLES> 95,834 <ALLOWANCES> 2,851 <INVENTORY> 68,661 <CURRENT-ASSETS> 216,424 <PP&E> 346,639 <DEPRECIATION> 210,728 <TOTAL-ASSETS> 424,074 <CURRENT-LIABILITIES> 97,445 <BONDS> 60,749 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 220 <OTHER-SE> 185,767 <TOTAL-LIABILITY-AND-EQUITY> 424,074 <SALES> 338,067 <TOTAL-REVENUES> 338,067 <CGS> 223,559 <TOTAL-COSTS> 223,559 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 215 <INTEREST-EXPENSE> 2,054 <INCOME-PRETAX> 26,379 <INCOME-TAX> 9,892 <INCOME-CONTINUING> 16,487 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,487 <EPS-PRIMARY> .82<F1> <EPS-DILUTED> .81<F1> <FN> <F1>Basic and diluted earnings per share calculated in accordance with Statement of Financial Accccounting Standards No. 128. </FN>