<ARTICLE> 5 <CIK> 0000025757 <NAME> CROMPTON & KNOWLES CORPORATION <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-26-1998 <PERIOD-END> DEC-26-1998 <CASH> 12,104 <SECURITIES> 0 <RECEIVABLES> 173,668 <ALLOWANCES> 9,768 <INVENTORY> 334,562 <CURRENT-ASSETS> 597,756 <PP&E> 473,403 <DEPRECIATION> 434,680 <TOTAL-ASSETS> 1,408,893 <CURRENT-LIABILITIES> 394,372 <BONDS> 646,857 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,733 <OTHER-SE> 58,970 <TOTAL-LIABILITY-AND-EQUITY> 1,408,893 <SALES> 1,796,119 <TOTAL-REVENUES> 1,796,119 <CGS> 1,146,200 <TOTAL-COSTS> 1,577,821 <OTHER-EXPENSES> (158,938) <LOSS-PROVISION> 5,209 <INTEREST-EXPENSE> 78,520 <INCOME-PRETAX> 298,716 <INCOME-TAX> 115,493 <INCOME-CONTINUING> 183,223 <DISCONTINUED> 0 <EXTRAORDINARY> (21,468) <CHANGES> 0 <NET-INCOME> 161,755 <EPS-PRIMARY> 2.20<F1> <EPS-DILUTED> 2.14 <FN> <F1>Reflects Basic earnings per share. </FN>