SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC   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)   January 16, 1995

HARSCO CORPORATION   (Exact name of registrant as specified in its charter)


Delaware   (State or other jurisdiction of incorporation)

1-3970   (Commission File Number)

23-1483991   (I.R.S. Employer Identification Number)


350 Poplar Church Road
Camp Hill, Pennsylvania
Address of principal executive offices)

17001-8888
(Zip Code)


Registrant's telephone number, including area code:  (717) 763-7064


Item 5.  Other Events.

The Company Announces Plans to Exit the School Bus Business:

On January 16, 1995, the Company announced that it plans to close its school 
bus manufacturing division in Marysville, Ohio.  However, the Company is 
continuing discussions with a number of parties concerning the possible sale 
of the business or certain assets which, if successful, could result in the 
preservation of some employment at the facility.

Following its latest assessment of the prospects for the Company's BMY-Wayne 
Wheeled Vehicles bus business, management concluded that despite some 
progress, this operation would continue to incur substantial additional losses 
before achieving the sales volume increases and cost savings necessary to 
reach the break even mark, and for the long-term the Division was not likely 
to meet Harsco's strategic requirement of producing consistent, superior 
financial returns.

The Company will continue operations to finish production of the buses 
currently on order and expects substantial completion at the end of the first 
quarter.  The Company will record a provision in the fourth quarter of 1994 
related to the realizable value of the Division's inventory and other assets.  
The Company is currently analyzing those values to determine the amount of the 
provision.


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 thereunto duly authorized.

                                   HARSCO CORPORATION
                                   (Registrant)



Date:  January 20, 1995            By:  /s/ Derek C. Hathaway
                                            Chairman, President &
                                            Chief Executive Officer