Amendment No. 1 to PRICING SUPPLEMENT NO. 6 Rule 424(b)(2) TRADE DATE: September 17, 1998 Registration Nos. 333-47955 (To Prospectus Supplement dated April 6, 1998 333-02761 including the Prospectus dated March 23, 1998) CUSIP No. 70109HAF2 PARKER-HANNIFIN CORPORATION MEDIUM-TERM NOTES Due More Than Nine Months from Date of Issue Floating Rate Note ( ) 5.65% Fixed Rate Note (X) Principal Amount: $125,000,000 Issue Price: 99.899% Original Issue Date: September 22, 1998 Specified Currency: U.S. Dollars Interest Accrual Date: September 22, 1998 Maturity Date: September 15, 2003 Redemption Date(s): N/A New Notice of Redemption Price(s): N/A Maturity Renewal Authorized Denominations (if other than Date(s): None Date(s): None denominations of $1,000 and integral multiples of $1,000 in excess thereof Interest Payment Period: Semi-Annual in U.S. Dollars): N/A Repayment Date(s): None Interest Payment Dates: Repayment Price(s): None March 15 and September 15 Total Amount of OID: N/A Yield to Maturity: N/A Global Security: (X) Yes ( ) No Initial Accrual Period OID: N/A Exchange Rate Agent: N/A Method Used to Determine Historical Exchange Rate: N/A Yield to Maturity and Initial Accrual Period OID: N/A (Only applicable to Floating Rate Notes): Spread (plus or minus): N/A Initial Interest Rate: N/A Spread Multiplier: N/A Index Maturity: N/A Maximum Interest Rate: N/A Base Rate(s): N/A Minimum Interest Rate: N/A If LIBOR, Designated LIBOR Page: N/A Calculation Rate Agent: N/A ( ) LIBOR Reuters ( ) LIBOR Telerate Name of Agents: Salomon Smith Barney Inc. and Morgan Stanley & Co., Incorporated, Index Currency: U.S. Dollars Agents' Aggregate Discount or Commission: Interest Reset Period: N/A $750,000 Interest Reset Dates: N/A Net Proceeds to Co.: $124,123,750
( ) Agent is acting as Agent for the sale of Notes by the Company at a price to the public of ( ) 100% of Principal Amount or ( ) ____% of Principal Amount. (X) Agent is purchasing Notes from the Company as Principal for resale to Investors and other purchasers at: ( ) a fixed initial public offering price of 100% of the principal amount; (X) a fixed initial public offering price of 99.899% of the principal amount; or ( ) varying prices relating to prevailing market prices at time of resale to be determined by Agent. Additional Terms: None