<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE SECOND QUARTER 1998 10-Q OF BUILDING MATERIALS CORPORATION OF AMERICA AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-28-1998 <CASH> 34,067 <SECURITIES> 123,732 <RECEIVABLES> 32,373 <ALLOWANCES> 0 <INVENTORY> 117,544 <CURRENT-ASSETS> 395,738 <PP&E> 279,554 <DEPRECIATION> 0 <TOTAL-ASSETS> 804,814 <CURRENT-LIABILITIES> 142,001 <BONDS> 534,843 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 87,246 <TOTAL-LIABILITY-AND-EQUITY> 804,814 <SALES> 498,656 <TOTAL-REVENUES> 498,656 <CGS> 358,530 <TOTAL-COSTS> 358,530 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 25,405 <INCOME-PRETAX> 21,691 <INCOME-TAX> 8,459 <INCOME-CONTINUING> 13,232 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,232 <EPS-PRIMARY> 0 <EPS-DILUTED> 0