<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 DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> DEC-31-1998 <CASH> 39,940 <SECURITIES> 0 <RECEIVABLES> 611,392 <ALLOWANCES> 10,452 <INVENTORY> 1,011,723 <CURRENT-ASSETS> 1,821,119 <PP&E> 2,487,666 <DEPRECIATION> 1,296,372 <TOTAL-ASSETS> 3,721,352 <CURRENT-LIABILITIES> 949,854 <BONDS> 639,838 <COMMON> 55,906 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,713,841 <TOTAL-LIABILITY-AND-EQUITY> 3,721,352 <SALES> 2,417,745 <TOTAL-REVENUES> 2,417,745 <CGS> 1,890,474 <TOTAL-COSTS> 1,890,474 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 584 <INTEREST-EXPENSE> 33,416 <INCOME-PRETAX> 217,921 <INCOME-TAX> 76,272 <INCOME-CONTINUING> 141,649 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 141,649 <EPS-PRIMARY> 1.30 <EPS-DILUTED> 1.29