UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549
                                 FORM 10-Q/A

          X    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                 OF THE SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended June 28, 1998

                                 OR

                 TRANSITION REPORT PURSUANT TO SECTION 13
              OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934

              For the transition period from________to_______

                      COMMISSION FILE NUMBER 1-3619

                                    --

                              PFIZER INC.
         (Exact name of registrant as specified in its charter)

           DELAWARE                              13-5315170
      (State of incorporation)                   (I.R.S. Employer
                                                Identification No.)

               235 East 42nd Street, New York, New York 10017
                  (Address of principal executive offices)

                             (212) 573-2323
                    (Registrant's telephone number)


Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
registrant was required to file such reports) and (2) has been subject to such 
filing requirements for the past 90 days.

YES    X           NO      

   
At July 31, 1998, 1,306,595,277 shares of the issuer's common stock were 
outstanding.
    


PFIZER INC. AND SUBSIDIARY COMPANIES

SIGNATURES





Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this report to be signed on its behalf by the 
undersigned thereto duly authorized.






                                                 Pfizer Inc.
                                  -------------------------------------
                                                 (Registrant)







Date:    September 25, 1998                /s/ H.V. Ryan
                                  -------------------------------------
                                  H.V. Ryan, Vice President; Controller
                                    (Principal Accounting Officer and
                                         Duly Authorized Officer)