<ARTICLE> 5 <CIK> 0000025757 <NAME> CROMPTON & KNOWLES CORPORATION <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-26-1998 <PERIOD-END> JUN-27-1998 <CASH> 14,831 <SECURITIES> 0 <RECEIVABLES> 268,786 <ALLOWANCES> 9,640 <INVENTORY> 359,307 <CURRENT-ASSETS> 717,768 <PP&E> 467,457 <DEPRECIATION> 442,246 <TOTAL-ASSETS> 1,531,283 <CURRENT-LIABILITIES> 364,801 <BONDS> 832,578 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,733 <OTHER-SE> 33,026 <TOTAL-LIABILITY-AND-EQUITY> 1,531,283 <SALES> 951,556 <TOTAL-REVENUES> 951,556 <CGS> 594,556 <TOTAL-COSTS> 794,753 <OTHER-EXPENSES> (1,547) <LOSS-PROVISION> 1,857 <INTEREST-EXPENSE> 44,118 <INCOME-PRETAX> 114,232 <INCOME-TAX> 42,494 <INCOME-CONTINUING> 71,738 <DISCONTINUED> 0 <EXTRAORDINARY> (15,794) <CHANGES> 0 <NET-INCOME> 55,994 <EPS-PRIMARY> 0.75<F1> <EPS-DILUTED> 0.73 <FN> <F1>Reflects Basic earnings per share. </FN>