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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,
 CeDAJbcAifDvfoeV+zlF6Spzne9RX85YQNvr4R5FF0ywmhwbHxd/2RMqjp6eGGmo
 Xn6M24eRrbk5F0OHRSXzMg==

<SEC-DOCUMENT>0000018230-99-000024.txt : 19990615
<SEC-HEADER>0000018230-99-000024.hdr.sgml : 19990615
ACCESSION NUMBER:		0000018230-99-000024
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19990609
ITEM INFORMATION:		
FILED AS OF DATE:		19990610

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CATERPILLAR INC
		CENTRAL INDEX KEY:			0000018230
		STANDARD INDUSTRIAL CLASSIFICATION:	CONSTRUCTION MACHINERY & EQUIP [3531]
		IRS NUMBER:				370602744
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		
		SEC FILE NUMBER:	001-00768
		FILM NUMBER:		99643942

	BUSINESS ADDRESS:	
		STREET 1:		100 NE ADAMS ST
		CITY:			PEORIA
		STATE:			IL
		ZIP:			61629-7310
		BUSINESS PHONE:		3096751000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CATERPILLAR TRACTOR CO
		DATE OF NAME CHANGE:	19860623
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>DIVIDEND INCREASE
<TEXT>



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):  June 9, 1999


CATERPILLAR INC.
(Exact name of registrant as specified in its charter)


Delaware
(State or other jurisdiction of incorporation)


1-768
(Commission File Number)


37-0602744
(IRS Employer I.D. No.)


100 NE Adams Street, Peoria, Illinois
(Address of principal executive offices)


61629
(Zip Code)


Registrant's telephone number, including area code:  (309) 675-1000


Item 5.  Other Events

Caterpillar raises dividend
- ---------------------------

     On June 9, 1999, Caterpillar Inc. declared a cash dividend of
thirty-two and one-half cents ($.325) per share on its common stock,
payable August 20, 1999, to stockholders of record at the close of
business July 20, 1999.

     The dividend paid in the preceding quarter was thirty
cents ($.30) per share.


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.


CATERPILLAR INC.


By:  /s/ R. Rennie Atterbury III
         R. Rennie Atterbury III
             Vice President


Date:  June 10, 1999


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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