<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PARKER-HANNIFIN CORPORATION'S REPORT ON FORM 10-Q FOR ITS QUARTERLY PERIOD ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1997 <CASH> 39,456 <SECURITIES> 0 <RECEIVABLES> 586,642 <ALLOWANCES> 6,799 <INVENTORY> 777,727 <CURRENT-ASSETS> 1,549,047 <PP&E> 2,209,249 <DEPRECIATION> 1,149,384 <TOTAL-ASSETS> 3,197,701 <CURRENT-LIABILITIES> 844,211 <BONDS> 443,941 <COMMON> 55,906 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,539,664 <TOTAL-LIABILITY-AND-EQUITY> 3,197,701 <SALES> 1,083,169 <TOTAL-REVENUES> 1,083,169 <CGS> 827,139 <TOTAL-COSTS> 827,139 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 974 <INTEREST-EXPENSE> 10,437 <INCOME-PRETAX> 121,335 <INCOME-TAX> 43,074 <INCOME-CONTINUING> 78,261 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 78,261 <EPS-PRIMARY> .70 <EPS-DILUTED> .70