SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

/X/  QUARTERLY REPORT pursuant to Section 13 or 15(d) of the Securities 
Exchange Act of 1934

	For the quarterly period ended March 31, 1998 or
	                                                  

	/  / TRANSITION REPORT pursuant to Section 13 or 15(d) of the 
Securities 
Exchange Act of 1934

	For the transition from ---------------  to  ---------------

	Commission File Number  1-9788
                             ---------

LANDAUER, INC.
-------------------------------------------------------------
(Exact name of registrant as specified in its charter)


	Delaware		06-1218089
      -----------		----------	
(State or other jurisdiction of                      (I.R.S. Employer
incorporation or organization)                   Identification Number)

2 Science Road, Glenwood, Illinois 60425
----------------------------------------
(Address of principal executive offices and Zip Code)


Registrant's telephone number, including area code (708) 755-7000


Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange 
Act of 1934 during the preceding 12 months (or for such shorter period 
that the registrant was required to file such reports), and (2) has 
been subject to such filing requirements for the past 90 days.  
Yes  X  No 
    --    ---

Indicate the number of shares outstanding of each of the issuer's 
classes of common stock, as of the latest practicable date. 

	Class                             Outstanding at May 12, 1998
	---------------------------             -------------------------------
Common stock, $.10 par value                        8,609,299



PART I.	FINANCIAL INFORMATION


LANDAUER, INC. 

Balance Sheets
(000's)

ASSETS
-----------
	Mar. 31,	Sept. 30,
  	1998	1997
	--------	---------
		(Derived from
		audited 
	(Unaudited)	      statements)

Current assets:

	Cash and cash equivalents	$  7,762	$  1,860
	Short-term investments	2,969	 8,381
	Accounts receivable, less allowances of
	$245,000 at 3/31/98 and $219,000 at 9/30/97	9,433	8,568
	Inventories	  1,271	  1,108
	Prepaid expenses	158	  96
	Deferred taxes on income	     1,318	     1,318
		--------	--------
			
	Total current assets	22,911	21,331

Property, plant and equipment, at cost	21,589	19,412
	Less: Accumulated depreciation
	and amortization	   12,579	   11,681
		--------	--------
			
Net property, plant and equipment	9,010	7,731

Investment in U.S. Treasury Securities	3,986	4,969
Cost of purchased businesses in excess of
	net assets acquired	2,529	2,612
Equity in Japanese joint venture	3,830	4,133
Other assets	     2,905	     2,959
		--------	--------
		
		$ 45,171	$ 43,735
		   ========	========
The accompanying notes are an integral part of these financial 
statements.

LANDAUER, INC. 

Balance Sheets (Cont'd.)
(000's)

LIABILITIES AND STOCKHOLDERS' INVESTMENT
-----------------------------------------

		Mar. 31,	Sept. 30,
		1998	1997
		--------	---------	 
	  
			(Derived from
			audited	
		(Unaudited)	 statements)
Current liabilities:

	Accounts payable	$      909	$      573
	Deferred contract revenue	8,812	8,710
	Dividend payable	2,798	2,551
	Accrued compensation and related costs	  1,331	  1,534
	Accrued pension costs	795	  627
	Accrued taxes on income	1,064	  832
	Accrued expenses	    1,853	      2,288
		 ----------	----------
		
	Total current liabilities	   17,562	   17,115
	
Stockholders' investment:

	Preferred stock, $.10 par value per share -
	Authorized - 1,000,000 shares
	Outstanding - None	--	--
	Common stock, $.10 par value per share -
	Authorized - 20,000,000 shares 
	Outstanding - 8,609,299 shares at 3-31-98
		and 8,504,091 shares at 9-30-97 	861	850
	Premium paid in on common stock	8,422	7,860
	Cumulative translation adjustments	(396)	(59)
	Retained earnings	   18,722	   17,969
		 ----------	----------
	
	Total stockholders' investment	   27,609	   26,620
		 ----------	----------
		$ 45,171	$ 43,735
		 ==========	==========
The accompanying notes are an integral part of these financial 
statements.

LANDAUER, INC.

Statements of Income
(000's, except per share amounts)
(Unaudited)



 		Three Months Ended	Six Months Ended
		---------------------	-------------------	
		Mar. 31,	Mar. 31,	Mar. 31	Mar. 31
		1998	1997	1998	1997
		--------	--------	-------	-------

Net Revenues	$ 10,965	$ 10,441	$ 21,293	$ 19,588

Cost and expenses:
	Cost of revenues	3,173	3,003	6,467	5,896
	Selling, general and 
		administrative	2,973	2,800	5,629	5,137
			--------	--------	-------	-------
			6,146	5,803	12,096	11,032
			--------	--------	-------	-------
Operating Income	4,819	4,638	9,197	8,556

Other income and expense, net	383	383	776	757
			--------	--------	-------	-------
Income before income taxes	5,202	5,021	9,973	9,313

Income taxes	1,905	1,838	3,640	3,365
			--------	--------	-------	-------
Net income	$  3,297	$  3,183	$  6,333	$  5,948
			========	========	========	========
Income per common share	$ 0.38	$ 0.38	$ 0.74	$ 0.70
			========	========	========	========
Average shares outstanding	8,609	8,477	8,562	8,477
			========	========	========	========

The accompanying notes are an integral part of these financial statements.

		

LANDAUER, INC.

Statements of Cash Flows 
(000's)
(Unaudited)
			Three Months Ended
			------------------
		Mar. 31,	Mar. 31,
		1998	1997
		--------	--------
	Net cash flow from operating activities:                                   
	Net income	$  6,333	$  5,948
	Adjustments to reconcile net income to 
	  net cash from operating activities:
	Depreciation and amortization	1,437	1,286
	Equity in net income of foreign affiliate	(372)	(371)
	Compensatory effect of stock options	573	63
	Increase in accounts receivable	(854)	(1,089)
	Increase in inventories	(163)	(317)
	(Increase) decrease in prepaid expenses	(62)	 27 
	Increase (decrease) in accounts payable	336 	  (17)
	Increase (decrease) in deferred contract revenue	102 	(37)
	Decrease in accrued expenses	 (238)	   (94)
	Increase in net long-term assets    	     (402)	     (656)
		-------	-------
	Net cash generated from operating activities	6,690	4,743

Cash flow from investing activities:
	Purchases of U.S. Treasury Securities	(2,953)	(6,947)
	Maturities of U.S. Treasury Securities	9,348	8,342
	Acquisition of property,plant,and equipment	   (2,177)	     (936)
		 -------	 -------
	Net cash provided by investing 
	activities	 4,218 	   459 
	
Cash flow from financing activities:
	Dividend received from foreign affiliate	326	356
	Dividends paid	   (5,332)	   (4,874)
		-------	-------
	Net cash used in financing activities	   (5,006)	   (4,518)
		-------	-------	
Net increase in cash	5,902 	  684 

Opening balance - cash and cash equivalents	1,860	3,359
		-------	-------
Ending balance - cash and cash equivalents	$ 7,762 	       $ 4,043
		   =======	=======
Supplemental Disclosure of Cash Flow Information:
	Cash paid for income taxes	  $   1,974	    $ 3,399
		=======	=======
Supplemental Disclosure of Non-cash Financing Activity:
	Dividend declared	$  2,798	$  2,543
		========	========
	Foreign currency translation adjustment 	$  (337)	$  (435)
		========	========
The accompanying notes are an integral part of these financial 
statements.


		LANDAUDER, INC. 

Notes to Financial Statements - March 31, 1998   

(Unaudited)

(1)	Basis of Presentation 
      ---------------------
	The accompanying unaudited condensed financial statements reflect 
the financial position of Landauer, Inc. ("Landauer") as of March 31, 
1998 and September 30, 1997, and the results of operations for the three-
month and six-month periods ended March 31, 1998 and 1997 and cash flows 
for the six-month periods ended March 31, 1998 and 1997.  In the opinion 
of management, the accompanying unaudited condensed financial statements 
contain all adjustments necessary to present fairly the financial 
position of Landauer as of March 31, 1998 and September 30, 1997, and the 
results of operations for the three-month and six-month periods ended 
March 31, 1998 and 1997, and cash flows for the six-month periods ended 
March 31, 1998 and 1997.

	The accounting policies followed by the Company are set forth in 
Note 1 to the Company's financial statements in the 1997 Landauer Annual 
Report on Form 10-K, which is incorporated by reference.

	The results of operations for the three-month and six-month periods 
ended March 31, 1998 and 1997 are not necessarily indicative of the 
results to be expected for the full year.

(2)	Cash Dividends 
      --------------

	On March 6, 1998, the Company declared a regular quarterly cash 
dividend in the amount of $.32 1/2 per share payable on April 3, 1998, to 
stockholders of record on March 20, 1998.  On November 6, 1997, the 
Company declared a regular quarterly cash dividend in the amount of $.32 
1/2 per share payable on January 2, 1998, to stockholders of record on 
December 19, 1997.

	Regular quarterly cash dividends of $.30 per share ($1.20 annually) 
were declared during fiscal 1997.

Management's Discussion and Analysis of Financial Condition
and Results of Operations

Liquidity and Capital Resources
-------------------------------

	Landauer's cash flow from operating activities for the six months 
ended March 31, 1998 and 1997 amounted to $6,690,000 and $4,743,000, 
respectively.  Investing activities for the first half of fiscal 1998 and  
1997 resulted in a net decrease in investments in principally U.S. 
Treasury securities of $6,395,000 and $1,395,000, respectively.  
Offsetting these were acquisitions of property, plant and equipment in 
the amount of $2,177,000 and $936,000, respectively.  The Company's 
financing activities were limited to payments of cash dividends, offset 
by foreign dividends received from Nagase-Landauer, Ltd., our Japanese 
joint venture.

	The Company has no long-term liabilities and its requirement for 
cash flow to support investing activities is generally limited.  Capital 
expenditures for the balance of fiscal 1998 are expected to amount to 
approximately $4,000,000, principally for the development of software 
systems, and the acquisition of equipment to support technology 
enhancements. The Company anticipates that funds for these capital 
improvements will be provided from operations.

	The Company presently maintains no external sources of liquidity, 
and, in the opinion of management, resources are adequate for projected 
operations and capital spending programs, as well as continuation of the 
regular cash dividend program.

	Landauer requires limited working capital for its operations since 
many of its customers pay for services in advance.  Such advance payments 
amounted to $8,812,000 and $8,710,000, respectively, as of March 31, 1998    
and September 30, 1997, and are included in deferred contract revenue.  
While these amounts represent approximately one-half of current 
liabilities, such amounts do not represent a cash requirement.      

Results of Operations
---------------------
	Revenues for the quarter ended March 31, 1998 were 5% higher 
compared with the same quarter a year ago.  The increase in revenues was 
primarily attributable to gains in the Company's traditional radiation 
dosimetry business.  Gross margins were 71.1% of revenues for the second 
quarter of fiscal 1998 comparable to the same period in 1997.

	Selling, general and administrative expenses for the current 
quarter were 27.1% as a percent of revenues compared to 26.8% for the 
second quarter of fiscal 1997.  As a result, operating income for the 
second fiscal quarter of 1998 was 43.9% of revenues compared to 44.4% for 
the same period last year.  Income before income taxes was 47.4% of the 
revenues for the quarter just ended compared to 48.1% for the second 
fiscal quarter of 1997.

	The effective tax rate for the Company during the second quarter of 
fiscal 1998 was 36.6% comparable to the same period last year.  Resulting 
net income of $3,297,000 for the second fiscal quarter of 1998 compared 
with $3,183,000 reported in fiscal 1997.  Income per share for the 
quarter was $.38 versus $.37 for the second fiscal quarter of 1997.

	Revenues for the six months ended March 31, 1998, were 9% higher 
compared with the first six months of fiscal 1997.  The increase in 
revenues were attributable to gains in the Company's traditional 
radiation dosimetry business.  Gross margins for the first half of fiscal 
1998 were 69.6% of revenues compared with 69.9% a year ago.

	Selling, general, and administrative expenses were 26.4% of 
revenues for the first half of fiscal 1998 compared to 26.2% for the 
LANDAUER, INC. 

Management's Discussion and Analysis of Financial Condition
and Results of Operations (Cont'd.)

first half of fiscal 1997.  Operating income for the first half of fiscal 
1998 was 43.2% of revenues compared with 43.7% for the same period last 
year.  Income before income taxes was 46.8% of revenues for the six 
months just ended compared to 47.5% of revenues for the same period in 
fiscal 1997.

	The effective tax rate for the Company during the first half of 
fiscal 1998 was 36.5% compared with 36.1% a year ago.  Resulting net 
income of $6,333,000 for the first six months of 1998 was 6.5% higher 
than $5,948,000 reported in fiscal 1997.  Income per share thus far in 
fiscal 1998 was $.74 versus $.70 for the same period in fiscal 1997.  

LANDAUER, INC. 

Management's Discussion and Analysis of Financial Condition
and Results of Operations (Cont'd.)

PART II.	OTHER INFORMATION

Item 2.	Legal Proceedings
        -----------------      
	Landauer is involved in various legal proceedings but believes 
that these matters will be resolved without a material effect on its 
financial position.

Item 4.	Submission of Matters to a Vote of Security Holders
        ---------------------------------------------------       
	At its Annual Meeting held on February 4, 1998, the shareholders 
voted to re-elect Gary D. Eppen, Marvin G. Schorr and Michael D. Winfield 
as directors for three-year terms.  Voting for all nominees were 
6,765,995 shares (representing 79.6% of total shares outstanding), and 
votes for 53,081 shares were withheld from all nominees.  Continuing as 
directors are Thomas M. Fulton, Robert J. Cronin, Richard R. Risk, Paul 
B. Rosenberg and Herbert Roth, Jr.

	The shareholders also voted to reappoint Arthur Andersen LLP as 
the Company's auditors for the following year, with 6,776,511 shares 
(79.7% of total shares outstanding) voting for, 19,224 shares against, 
and 23,527 shares abstaining.

Item 6.	Exhibits and Reports on Form 8-K
        --------------------------------       
	(a)	No exhibits are filed with this report.
	(b)	There were no reports on Form 8-K during the quarter for 
which this report is
	filed.
SIGNATURES

	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 thereunto duly authorized.

LANDAUER, INC.
Date:  May 12, 1998 	
         /s/ James M. O'Connell
-----------------------------
James M. O'Connell
Vice President and Treasurer
(Principal Financial and
Accounting Officer)