<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 MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> MAR-31-1998 <CASH> 42,445 <SECURITIES> 0 <RECEIVABLES> 632,014 <ALLOWANCES> 7,393 <INVENTORY> 873,290 <CURRENT-ASSETS> 1,702,274 <PP&E> 2,282,688 <DEPRECIATION> 1,201,199 <TOTAL-ASSETS> 3,388,556 <CURRENT-LIABILITIES> 935,614 <BONDS> 496,184 <COMMON> 55,906 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,579,953 <TOTAL-LIABILITY-AND-EQUITY> 3,388,556 <SALES> 3,394,665 <TOTAL-REVENUES> 3,394,665 <CGS> 2,601,670 <TOTAL-COSTS> 2,601,670 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 1,702 <INTEREST-EXPENSE> 37,031 <INCOME-PRETAX> 363,792 <INCOME-TAX> 130,992 <INCOME-CONTINUING> 232,800 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 232,800 <EPS-PRIMARY> 2.10 <EPS-DILUTED> 2.08