<ARTICLE>                              5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated statement of income (loss) and the consolidated balance sheet and
is qualified in its entirety by reference to such financial statements
</LEGEND>
<CIK>                                  30927
<NAME>                                 EAGLE-PICHER INDUSTRIES, INC.
       
                                                     
<PERIOD-TYPE>                          3-MOS
<FISCAL-YEAR-END>                      NOV-30-1997
<PERIOD-START>                         DEC-01-1996
<PERIOD-END>                           FEB-28-1997
<CASH>                                      19,376
<SECURITIES>                                     0
<RECEIVABLES>                              147,095
<ALLOWANCES>                                 2,290
<INVENTORY>                                106,120
<CURRENT-ASSETS>                           357,419
<PP&E>                                     271,181
<DEPRECIATION>                              10,331
<TOTAL-ASSETS>                             831,943
<CURRENT-LIABILITIES>                      149,046
<BONDS>                                    318,160
<COMMON>                                   341,807
<PREFERRED-MANDATORY>                            0
<PREFERRED>                                      0
<OTHER-SE>                                  (3,165)
<TOTAL-LIABILITY-AND-EQUITY>               831,943
<SALES>                                    223,607
<TOTAL-REVENUES>                           223,607
<CGS>                                      180,401
<TOTAL-COSTS>                              180,401
<OTHER-EXPENSES>                            34,166
<LOSS-PROVISION>                                 0
<INTEREST-EXPENSE>                           8,927
<INCOME-PRETAX>                              1,816
<INCOME-TAX>                                 3,036
<INCOME-CONTINUING>                         (1,220)
<DISCONTINUED>                                   0
<EXTRAORDINARY>                                  0
<CHANGES>                                        0
<NET-INCOME>                                (1,220)
<EPS-PRIMARY>                                 (.12)
<EPS-DILUTED>                                 (.12)