<ARTICLE> 5 <RESTATED> <CIK> 0000025757 <NAME> CROMPTON & KNOWLES CORPORATION <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-27-1997 <PERIOD-END> JUN-28-1997 <CASH> 28,637 <SECURITIES> 0 <RECEIVABLES> 291,765 <ALLOWANCES> 8,493 <INVENTORY> 362,149 <CURRENT-ASSETS> 768,583 <PP&E> 476,768 <DEPRECIATION> 398,259 <TOTAL-ASSETS> 1,635,136 <CURRENT-LIABILITIES> 355,079 <BONDS> 993,237 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,733 <OTHER-SE> (57,392) <TOTAL-LIABILITY-AND-EQUITY> 1,635,136 <SALES> 968,015 <TOTAL-REVENUES> 968,015 <CGS> 617,010 <TOTAL-COSTS> 819,540 <OTHER-EXPENSES> 781 <LOSS-PROVISION> 1,093 <INTEREST-EXPENSE> 53,534 <INCOME-PRETAX> 94,160 <INCOME-TAX> 35,781 <INCOME-CONTINUING> 58,379 <DISCONTINUED> 0 <EXTRAORDINARY> (1,227) <CHANGES> 0 <NET-INCOME> 57,152 <EPS-PRIMARY> 0.78<F1> <EPS-DILUTED> 0.76<F2> <FN> <F1>Reflects Basic earnings per share. Restated for FAS 128. <F2>Restated for FAS 128. </FN>