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 December 31, 1997 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 February 13,1998
	---------------------------             -------------------------------
Common stock, $.10 par value                        8,609,299



PART I.	FINANCIAL INFORMATION


LANDAUER, INC. 

Balance Sheets
(000's)

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

Current assets:

	Cash and cash equivalents	$  5,819	$  1,860
	Short-term investments	5,933	 8,381
	Accounts receivable, less allowances of
	$236,000 at 12/31/97 and $219,000 at 9/30/97	9,598	8,568
	Inventories	  1,275	  1,108
	Prepaid expenses	192	  96
	Deferred taxes on income	     1,318	     1,318
		--------	--------
			
	Total current assets	24,135	21,331

Property, plant and equipment, at cost	19,960	19,412
	Less: Accumulated depreciation
	and amortization	   12,130	   11,681
		--------	--------
			
Net property, plant and equipment	7,830	7,731

Investment in U.S. Treasury Securities	4,973	4,969
Cost of purchased businesses in excess of
	net assets acquired	2,570	2,612
Equity in Japanese joint venture	3,630	4,133
Other assets	     2,866	     2,959
		--------	--------
		
		$ 46,004	$ 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
-----------------------------------------

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

	Accounts payable	$    1,239	$      573
	Deferred contract revenue	8,833	8,710
	Dividend payable	2,781	2,551
	Accrued compensation and related costs	  1,377	  1,534
	Accrued pension costs	727	  627
	Accrued taxes on income	1,713	2,288
	Accrued expenses	    2,692	      832
		 ----------	----------
		
	Total current liabilities	   19,362	   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 - 8,556,325 shares at 12-31-97
		and 8,504,091 shares at 9-30-97 	856	850
	Premium paid in on common stock	7,980	7,860
	Cumulative translation adjustments	(417)	(59)
	Retained earnings	   18,223	   17,969
		 ----------	----------
	
	Total stockholders' investment	   26,642	   26,620
		 ----------	----------
		$ 46,004	$ 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
			------------------
		Dec. 31,	Dec. 31,
		1997	1996
		--------	--------
Net revenues	$  10,328	 $  9,147

Costs and expenses:
	Cost of revenues	3,294	2,892
	Selling, general and administrative	2,656	2,337
		--------	 --------
				
		5,950	5,229
		--------	 --------
				
	
Operating income	4,378	3,918
		
Other income, net	393	374

		--------	 --------	
				
				
Income before income taxes	4,771	4,292
		
Income tax provision	1,735	1,527
				
				
		--------	 --------
Net Income	$  3,036	$  2,765
		========	 ========

Net income per share	$    .36	$    .33
		========	 ========
				
Average shares outstanding	8,522	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
			------------------
		Dec. 31,	Dec. 31,
		1997	1996
		--------	--------
	Net cash flow from operating activities:                                   
	Net income	$  3,036	$  2,765
	Adjustments to reconcile net income to 
	  net cash from operating activities:
	Depreciation and amortization	718	666
	Equity in net income of foreign affiliate	(186)	(189)
	Compensatory effect of stock options	126	33
	Increase in accounts receivable	(1,028)	(486)
	Increase in inventories	(167)	(139)
	Increase in prepaid expenses	(96)	(31)
	Increase (decrease) in accounts payable	666 	  (76)
	Increase (decrease) in deferred contract revenue	123 	(17)
	Increase in accrued expenses	1,228	  950
	Increase in net long-term assets    	     (134)	     (457)
		-------	-------
	Net cash generated from operating activities	4,286	3,019

Cash flow from investing activities:
	Purchases of U.S. Treasury Securities	(1,970)	(3,497)
	Maturities of U.S. Treasury Securities	4,414	1,961
	Acquisition of property,plant,and equipment	     (548)	     (472)
		 -------	 -------
	Net cash provided by (used in) investing 
	activities	 1,896 	(2,008)
	
Cash flow from financing activities:
	Dividend received from foreign affiliate	326	356
	Dividends paid	   (2,551)	   (2,331)
		-------	-------
	Net cash used in financing activities	   (2,225)	   (1,975)
		-------	-------	
Net increase (decrease) in cash	3,957 	 (964)

Opening balance - cash and cash equivalents	1,860	3,359
		-------	-------
Ending balance - cash and cash equivalents	$ 5,817 	       $ 2,395
		   =======	=======
Supplemental Disclosure of Cash Flow Information:
	Cash paid for income taxes	  $   964	$   223
		=======	=======
Supplemental Disclosure of Non-cash Financing Activity:
	Dividend declared	$  2,781	$  2,543
		========	========
	Foreign currency translation adjustment 	$  (358)	$    132
		========	========
The accompanying notes are an integral part of these financial 
statements.


		LANDAUDER, INC. 

Notes to Financial Statements - December 31, 1997

(Unaudited)

(1)	Basis of Presentation 
      ---------------------
	The accompanying unaudited condensed financial statements reflect 
the financial position of Landauer, Inc. ("Landauer") as of December 31, 
1997 and September 30, 1997, and the results of operations and cash flows 
for the three-month periods ended December 31, 1997 and 1996.  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 December 31, 1997 and September 30, 
1997, and the results of operations for the three-month periods ended 
December 31, 1997 and 1996.

	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 periods ended 
December 31, 1997 and 1996 are not necessarily indicative of the results 
to be expected for the full year.

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

	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 18, 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 three months 
ended December 31, 1997 and 1996 amounted to $4,286,000 and $3,019,000, 
respectively.  Investing activities for the three months ended December 
31, 1997 and 1996 resulted in net maturities of U.S. Treasury securities 
of $2,444,000 in fiscal 1998 and net purchases of U.S. Treasury 
securities of $1,536,000 in fiscal 1997.  Offsetting these were 
acquisitions of property, plant and equipment in the amount of $548,000 
and $472,000, 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.

LANDAUER, INC. 

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


	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 $5,000,000, principally for the acquisition of equipment to 
support the company's introduction of the Luxel product line, the 
development of supporting software systems, and computer hardware.  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 $8,833,000 and $8,710,000, respectively, as of December 31, 
1997 and September 30, 1997, and are included in deferred contract 
revenue.  While these amounts represent more than one-half of current 
liabilities, such amounts generally do not represent a cash requirement.

Results of Operations
---------------------
	Revenues for the quarter ended December 31, 1997 were 13% 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 for the first fiscal quarter were 
68.1% of the revenues compared to 68.4% for the same period in fiscal 
1997.  The decrease in margins was primarily attributable to higher costs 
associated with Year 2000 remediation efforts, which are accounted for as 
a cost of revenues.

	Selling, general and administrative expenses were slightly higher 
in the current quarter as a percent of revenues at 25.7% compared to 
25.5% for the first quarter of fiscal 1997.  As a result, operating 
income for the first fiscal quarter of 1998 was 42.4% of revenues 
compared to 42.8% for the same period last year.  Income before income 
taxes was 46.2% of revenues for the quarter just ended compared to 46.9% 
for the first fiscal quarter of 1997.

	The effective tax rate for the Company during the first quarter of 
fiscal 1998 was higher at 36.4% compared with 35.6% for the same period 
last year.  Resulting net income of $3,036,000 for the first fiscal 
quarter of 1998 was 10% higher than $2,765,000 reported in fiscal 1997.  
Income per share for the quarter was $.36 versus $.33 for the first 
fiscal quarter of 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:  February 13, 1998 	
         /s/ James M. O'Connell
-----------------------------
James M. O'Connell
Vice President and Treasurer
(Principal Financial and
Accounting Officer)