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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 DGgYN8iE8qmOHl2sYaEZBY3vxVawCYogrR50iCdaSa/YzxMyw7zupS77IbUZA21j
 Ur+SOSNyC3u/Chd633WKYQ==

<SEC-DOCUMENT>0001021749-01-500003.txt : 20010612
<SEC-HEADER>0001021749-01-500003.hdr.sgml : 20010612
ACCESSION NUMBER:		0001021749-01-500003
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010531
FILED AS OF DATE:		20010611

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PARKER HANNIFIN CORP
		CENTRAL INDEX KEY:			0000076334
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
		IRS NUMBER:				340451060
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		
		SEC FILE NUMBER:	001-04982
		FILM NUMBER:		1658312

	BUSINESS ADDRESS:	
		STREET 1:		6035 PARKLAND BOULEVARD
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44124-4141
		BUSINESS PHONE:		2168963000

	MAIL ADDRESS:	
		STREET 1:		6035 PARKLAND BOULEVARD
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44124-4141

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PARKER APPLIANCE CO
		DATE OF NAME CHANGE:	19670907
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			GAREY DANIEL T
	CENTRAL INDEX KEY:			0001021749
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>OFFICER

FILING VALUES:
	FORM TYPE:		4

BUSINESS ADDRESS:	
	STREET 1:		PARKER HANNIFIN CORP
	STREET 2:		6035 PARKLAND BLVD
	CITY:			CLEVELAND
	STATE:			OH
	ZIP:			44124
	BUSINESS PHONE:		2168962420

MAIL ADDRESS:	
	STREET 1:		PARKER HANNIFIN CORP
	STREET 2:		6035 PARKLAND BLVD
	CITY:			CLEVELAND
	STATE:			OH
	ZIP:			44124
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.txt
<DESCRIPTION>FORM 4 - MAY 31, 2001
<TEXT>

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   GAREY, DANIEL T
   6035 PARKLAND BOULEVARD
   CLEVELAND, OH  44124-4141
   USA
2. Issuer Name and Ticker or Trading Symbol
   PARKER-HANNIFIN CORPORATION
   PH
3. IRS or Social Security Number of Reporting Person (Voluntary)
   ###-##-####
4. Statement for Month/Year
   May 31, 2001
5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   VICE PRESIDENT
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Common Stock               |      |    | |                  |   |           |2,620.824(1)       |I     |(1)                        |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock               |5/17/0|M   | |5,016(2)          |A  |$26.083    |7,246              |D     |                           |
                           |1     |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock               |5/17/0|F   | |1,754             |D  |$49.010    |7,246              |D     |                           |
                           |1     |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock               |      |    | |                  |   |           |712.8290(3)        |D     |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock               |      |    | |                  |   |           |7.83               |I     |(4)                        |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
Phantom Stock Units   |1-for-1 |     |    | |           |   |     |     |            |       |       |827.631(5)  |D  |(5)         |
- -----------------------------------------------------------------------------------------------------------------------------------|
Option to Buy         |$26.083 |5/17/|M   | |10,800(2)  |D  |8/16/|8/15/|Common Stock|10,800(|(6)    |0(7)        |D  |            |
                      |        |01   |    | |           |   |96   |05   |            |2)     |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1)  Parker Retirement Savings Plan, as of March 31, 2001, the latest date for
which information is available.
(2)  "Pyramid" stock option exercise resulting in net acquisition of 5,016
shares.
(3)  Direct - Dividend Reinvestment
Plan.
(4)  Wife - Dividend Reinvestment
Plan.
(5) Savings Restoration Plan, as of March 30, 2001, the latest date for which
information is available.
(6) Granted under the Corporation's 1993 Stock Incentive Program in a
transaction exempt under Rule 16b-3.
(7) Mr. Garey also owns 28,945 additional options which were granted pursuant
to the Corporation's 1993 Stock Incentive Program, at various exercise prices
and expiration dates, as previously
reported.
SIGNATURE OF REPORTING PERSON
Thomas L. Meyer, Attorney-in-Fact
DATE
June 11, 2001
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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