BAKER HUGHES INC
8-K, 1998-09-11
OIL & GAS FIELD MACHINERY & EQUIPMENT
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               SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, D.C. 20549




                           FORM 8-K

                        CURRENT REPORT

            Pursuant to Section 13 or 15(d) of the 
                Securities Exchange Act of 1934




        Date of Report (Date of earliest event reported):
                          August 27, 1998


                    Baker Hughes Incorporated
       (Exact name of registrant as specified in charter)




           Delaware                1-9397         76-0207995
 (State or other jurisdiction   (Commission     (IRS Employer
       of incorporation)        File Number)  Identification No.)



      3900 Essex Lane, Houston, Texas                77027
 (Address of principal executive offices)          (Zip Code)




Registrant's telephone number, including area code:(713)439-8600



     Item 8.  Change in Fiscal Year.

     Effective August 27, 1998, the Board of Directors of Baker 
Hughes Incorporated (the "Company") determined to change the 
Company's fiscal year-end from September 30 to December 31.  A 
report on Form 10-Q, covering the three-month transition period 
ending December 31, 1997, will be filed with the Securities and 
Exchange Commission in accordance with its rules and regulations.

     The Press Release dated September 8, 1998, relating to the 
change of the fiscal year, is attached as Exhibit A and is 
incorporated herein by reference.




                         SIGNATURE

     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 hereunto duly authorized.


                                 BAKER HUGHES INCORPORATED




Date:  September 11, 1998        By: /s/ Lawrence O'Donnell, III
                                     ---------------------------
                                     Lawrence O'Donnell, III
                                     Vice President and 
                                     General Counsel





                                              Exhibit A
Press Release
Contact:
Gary R. Flaharty (713) 439-8039      Baker Hughes Incorporated
[email protected]        P. O. Box 4740
                                     Houston, Texas 77210-4740

               BAKER HUGHES CHANGES FISCAL YEAR-END

September 8, 1998.  Houston, Texas - Baker Hughes Incorporated 
(BHI - NYSE, PCX, EBS) announced today the change of its fiscal 
year-end from September 30 to a calendar year-end of December 31.

Due to the change of its fiscal year-end, the 1999 Annual Meeting 
of Stockholders of the Company will be held on April 28, 1999.

Pursuant to the Company's Bylaws, the time period for receipt by 
the Secretary of the Company of any shareholder proposals in 
connection with the Annual Meeting has been extended until, and 
will expire on, September 18, 1998.

Baker Hughes is a leading supplier of reservoir-centered 
products, services and systems to the worldwide oil and gas 
industry and is a leading supplier of separation technologies to 
the worldwide process industries.

                                 ****

                  NOT INTENDED FOR BENEFICIAL HOLDERS.




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