<ARTICLE> 5 <CIK> 0000025757 <NAME> CROMPTON & KNOWLES CORPORATION <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-26-1998 <PERIOD-END> MAR-28-1998 <CASH> 9,985 <SECURITIES> 0 <RECEIVABLES> 286,708 <ALLOWANCES> 9,692 <INVENTORY> 374,450 <CURRENT-ASSETS> 735,015 <PP&E> 466,999 <DEPRECIATION> 430,072 <TOTAL-ASSETS> 1,566,849 <CURRENT-LIABILITIES> 365,281 <BONDS> 878,442 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,733 <OTHER-SE> 11,723 <TOTAL-LIABILITY-AND-EQUITY> 1,566,849 <SALES> 477,219 <TOTAL-REVENUES> 477,219 <CGS> 302,465 <TOTAL-COSTS> 402,994 <OTHER-EXPENSES> (289) <LOSS-PROVISION> 565 <INTEREST-EXPENSE> 23,613 <INCOME-PRETAX> 50,901 <INCOME-TAX> 18,958 <INCOME-CONTINUING> 31,943 <DISCONTINUED> 0 <EXTRAORDINARY> (1,951) <CHANGES> 0 <NET-INCOME> 29,992 <EPS-PRIMARY> .40 <EPS-DILUTED> .39