Toggle SGML Header (+)


Section 1: 10-K/A


             UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                       Washington, D.C. 20549
                          FORM 10-K/A No. 1
(Mark One)
(X) Annual Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the fiscal year ended December 31, 1998
or
( ) Transition Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the transition period from _________to________

Commission File Number 1-4329

                       COOPER TIRE & RUBBER COMPANY
           (Exact name of registrant as specified in its charter)

            DELAWARE                                 34-4297750
(State or other jurisdiction of                   (I.R.S. employer
incorporation or organization)                    identification no.)

Lima and Western Avenues, Findlay, Ohio                 45840
(Address of principal executive offices)              (Zip Code)

   Registrant's telephone number, including area code: (419) 423-1321

      Securities registered pursuant to Section 12(b) of the Act:

                                           (Name of each exchange on
      (Title of each class)                     which registered)
   Common Stock, $1 par per share            New York Stock Exchange

    Securities registered pursuant to Section 12(g) of the Act:  None

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 by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K.                       (X)

State the aggregate market value of the voting stock held by non-
affiliates of the registrant (computed by reference to the closing price
on the Composite Tape for securities listed on the New York Stock
Exchange as of March 8, 1999).                           $1,516,705,360

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

             (Class)                     (Outstanding at March 8, 1999)
  Common Stock, $1 par per share                   75,835,268

                  DOCUMENTS INCORPORATED BY REFERENCE
List hereunder the following documents if incorporated by reference and
the Part of the Form 10-K into which the document is incorporated:

             Proxy statement dated March 23, 1999 - Part III

             EXHIBIT INDEX appears on the following two pages




      
INDEX TO FINANCIAL STATEMENTS, SCHEDULE AND EXHIBITS
(As amended June 28, 1999 to file financial statements and supplemental
schedules for the employee benefit plans identified below as exhibits (99))

                                                                   Page(s)
FINANCIAL STATEMENTS:                                             Reference
                                                                  ---------
   Consolidated Statements of Income for the years
    ended December 31, 1998, 1997 and 1996
   Consolidated Balance Sheets at December 31, 1998 and 1997
   Consolidated Statements of Stockholders' Equity for the
    years ended December 31, 1998, 1997 and 1996
   Consolidated Statements of Cash Flows for the years
    ended December 31, 1998, 1997 and 1996
   Notes to Financial Statements
   Report of Independent Auditors

SUPPLEMENTARY INFORMATION:

   Quarterly Financial Data (Unaudited)

FINANCIAL STATEMENT SCHEDULE:

   II.  Valuation and qualifying accounts

EXHIBITS:

(3)   Certificate of Incorporation and Bylaws
      (i)  Certificate of Incorporation, as restated and filed with
           the Secretary of State of Delaware on May 17, 1993, is
           incorporated herein by reference from Exhibit 3(i) of the
           Company's Form 10-Q for the quarter ended June 30, 1993

           Certificate of Correction of Restated Certificate of
           Incorporation as filed with the Secretary of State of
           Delaware on November 24, 1998.

      (ii) Bylaws, as amended May 5, 1987, are incorporated herein
           by reference from Exhibit 19 of the Company's Form 10-Q
           for the quarter ended June 30, 1987

(4)   Amended and Restated Rights Agreement, dated May 11, 1998, between
      the Company and The Fifth Third Bank as Rights Agent is
      incorporated herein by reference from Exhibit 4 to the Company's
      Form 8-K dated May 15, 1998.

(10)  Description of management contracts, compensatory plans, contracts,
      or arrangements is incorporated herein by reference from pages 5
      through 10 and 19 of the Company's Proxy Statement dated
      March 23, 1999.

      The following related documents are incorporated by reference:
       a)  1981 Incentive Stock Option Plan - Form S-8
           Registration Statement No. 2-77400, Exhibit 15(a)
       b)  1986 Incentive Stock Option Plan - Form S-8
           Registration Statement No. 33-5483, Exhibit 4(a)
       c)  Thrift and Profit Sharing Plan - Form S-8
           Registration Statement No. 2-58577, Post-Effective
           Amendment No. 6, Exhibit 4
       d)  1991 Stock Option Plan for Non-Employee Directors -
           Form S-8 Registration Statement No. 33-47980 and
           Appendix to the Company's Proxy Statement dated
           March 26, 1991
       e)  1996 Stock Option Plan - Form S-8 Registration Statement
           No. 333-09619 and Appendix to the Company's Proxy
           Statement dated March 26, 1996
(continued)
      
(12)  Computation of Ratio of Earnings to Fixed Charges

(13)  Annual report to security holders, Form 10-Q or quarterly
      report to security holders

(23)  Consent of Independent Auditors

(24)  Powers of Attorney

(27)  Financial Data Schedule

(99)  Undertakings of the Company

      Financial statements and schedules of the Cooper Tire &
      Rubber Company Thrift and Profit Sharing Plan for the
      fiscal year ended December 31, 1998                           1-15

      Financial statements and schedules of the Cooper Tire &
      Rubber Company Pre-Tax Savings Plan (Texarkana) for the
      fiscal year ended December 31, 1998                          16-30

      Financial statements and schedules of the Cooper Tire &
      Rubber Company Pre-Tax Savings Plan (Auburn) for the
      fiscal year ended December 31, 1998                          31-45

      Financial statements and schedules of the Cooper Tire &
      Rubber Company Pre-Tax Savings Plan (Findlay) for the
      fiscal year ended December 31, 1998                          46-60

      Financial statements and schedules of the Cooper Tire &
      Rubber Company Pre-Tax Savings Plan (El Dorado) for the
      fiscal year ended December 31, 1998                          61-75

      Financial statements and schedules of the Cooper Tire &
      Rubber Company Pre-Tax Savings Plan (Bowling Green - Hose)
      for the fiscal year ended December 31, 1998                  76-90

      Financial statements and schedules of the Cooper Tire &
      Rubber Company Pre-Tax Savings Plan (Bowling Green - Sealing)
      for the fiscal year ended December 31, 1998                 91-105


All other schedules have been omitted since the required information is
not present or not present in amounts sufficient to require submission
of the schedules, or because the information required is included in the
financial statements or the notes thereto.





















      
                           SIGNATURES

     Registrant has duly caused this Form 10-K/A No. 1 to be signed on
its behalf by the undersigned, thereunto duly authorized.


                  COOPER TIRE & RUBBER COMPANY

PATRICK W. ROONEY, Chairman of the Board, Chief
                   Executive Officer and Director
                   (Principal Executive Officer)

THOMAS A. DATTILO, President, Chief Operating Officer
                   and Director

JOHN FAHL, Vice President and Director

PHILIP G. WEAVER, Vice President
                  (Principal Financial Officer)

EILEEN B. WHITE, Corporate Controller
                 (Principal Accounting Officer)

ARTHUR H. ARONSON, Director

EDSEL D. DUNFORD, Director

DEBORAH M. FRETZ, Director

DENNIS J. GORMLEY, Director

JOHN F. MEIER, Director

BYRON O. POND, Director

JOHN H. SHUEY, Director







                                        By /s/ Stan C. Kaiman
                                        --------------------------------
                                        STAN C. KAIMAN, Attorney-in-fact


Date:  June 28, 1999
       --------------

















      
                                                            EXHIBIT (23)

                 CONSENT OF INDEPENDENT AUDITORS

   We consent to the incorporation by reference in the Registration
Statements (Form S-8 Nos. 2-58577, 33-35071, 33-47979, 33-47981, 33-
47982, 33-52499, and 33-52505) of Cooper Tire & Rubber Company
pertaining to the Company's Thrift and Profit Sharing Plan, the Pre-Tax
Savings Plan (Texarkana), the Pre-Tax Savings Plan (Auburn), the Pre-Tax
Savings Plan (Findlay), the Pre-Tax Savings Plan (El Dorado), the Pre-
Tax Savings Plan (Bowling Green - Hose) and the Pre-Tax Savings Plan
(Bowling Green - Sealing), respectively, of our reports dated May 14,
1999 with respect to the financial statements and schedules of the
Cooper Tire & Rubber Company Thrift and Profit Sharing Plan, the Cooper
Tire & Rubber Company Pre-Tax Savings Plan (Texarkana), the Cooper Tire
& Rubber Company Pre-Tax Savings Plan (Auburn), the Cooper Tire & Rubber
Company Pre-Tax Savings Plan (Findlay), the Cooper Tire & Rubber Company
Pre-Tax Savings Plan (El Dorado), the Cooper Tire & Rubber Company Pre-
Tax Savings Plan (Bowling Green - Hose), and the Cooper Tire & Rubber
Company Pre-Tax Savings Plan (Bowling Green - Sealing) included in
Amendment No. 1 to the Annual Report (Form 10-K) of Cooper Tire & Rubber
Company for the year ended December 31, 1998.






                                                   /s/ Ernst & Young LLP
                                                   ---------------------
                                                   ERNST & YOUNG LLP

Toledo, Ohio
June 28, 1999

































      
                                                            EXHIBIT (99)

                     Cooper Tire & Rubber Company
                    Thrift and Profit Sharing Plan

                   Financial Statements and Schedules


                  Years ended December 31, 1998 and 1997

Contents

Report of Independent Auditors                                    1

Audited Financial Statements

Statements of Assets Available for Plan Benefits                  2
Statements of Changes in Assets Available for Plan Benefits       3
Notes to Financial Statements                                     4


Schedules

Line 27a - Schedule of Assets Held for Investment Purposes       14
Line 27d - Schedule of Reportable Transactions                   15


A schedule of party-in-interest transactions has not
been presented because there were no party-in-
interest transactions which are prohibited by
ERISA Section 406 and for which there is no
statutory or administrative exemption.

































                                     1
      





                          Report of Independent Auditors

Pre-Tax Savings Plan Committee
Cooper Tire & Rubber Company
 Thrift and Profit Sharing Plan

We have audited the accompanying statements of assets available for plan
benefits of the Cooper Tire & Rubber Company Thrift and Profit Sharing
Plan as of December 31, 1998 and 1997, and the related statements of
changes in assets available for plan benefits for the years then ended.
These financial statements are the responsibility of the Plan's
management. Our responsibility is to express an opinion on these
financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present
fairly, in all material respects, the assets available for plan benefits
of the Cooper Tire & Rubber Company Thrift and Profit Sharing Plan at
December 31, 1998 and 1997, and the changes in its assets available for
plan benefits for the years then ended, in conformity with generally
accepted accounting principles.

Our audits were conducted for the purpose of forming an opinion on the
basic financial statements taken as a whole. The accompanying schedules
of assets held for investment purposes as of December 31, 1998 and
reportable transactions for the year then ended, are presented for
purposes of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the
Department of Labor's Rules and Regulations for Reporting and Disclosure
under the Employee Retirement Income Security Act of 1974.  These
supplemental schedules are the responsibility of the Plan's management.
The supplemental schedules have been subjected to the auditing
procedures applied in our audit of the 1998 basic financial statements
and, in our opinion, are fairly stated in all material respects in
relation to the 1998 basic financial statements taken as a whole.






May 14, 1999









                                                                      1
                                   2
      
       
                    Cooper Tire & Rubber Company
                   Thrift and Profit Sharing Plan

           Statements of Assets Available for Plan Benefits
         
                                                     December 31
                                                  1998         1997
                                              ------------  ------------
                                                               
Assets
Investments (Notes 4 and 5):
   Value of interest in Pooled Fund           $208,266,377  $271,917,956
   Cooper Tire & Rubber Company common stock     8,198,254     5,745,968
   Mutual funds:
    Short-term investment                          490,510       162,402
    Washington Mutual Investors Fund            18,318,800       331,025
    Investment Company of America               33,875,469        20,679
                                               -----------   -----------
                                               269,149,410   278,178,030

Cash                                             1,211,850     5,108,412
Employer contribution receivable                 2,384,271     3,654,337
                                               -----------   -----------
Assets available for plan benefits            $272,745,531  $286,940,779
                                               ===========   ===========

    
See accompanying notes.
        



































                                                                       2
                                      3
      
       
                       Cooper Tire & Rubber Company
                      Thrift and Profit Sharing Plan

        Statements of Changes in Assets Available for Plan Benefits
         
                                                Year ended December 31
                                                 1998          1997
                                              -----------   -----------
                                                                
Additions:
  Cash contributions:
   Participants                               $18,935,001   $11,784,022
   Employer (gross amount before
     reduction for forfeitures)                 9,851,922     8,568,810
   Less forfeitures arising from withdrawals     (273,043)     (206,362)
                                               ----------   -----------
  Net employer contributions                    9,578,879     8,362,448
                                               ----------   -----------
                                               28,513,880    20,146,470
  Investment income (loss):
   Net gain (loss) from Pooled Fund (Note 4)  (11,707,244)   49,701,339
   Net (depreciation) appreciation in fair
    value of Cooper Tire & Rubber Company
    common stock and mutual funds                (417,163)      357,002
   Dividends                                    4,291,559        29,094
   Interest                                        24,290       904,965
                                              -----------   -----------
                                               (7,808,558)   50,992,400
                                              -----------   -----------
Total additions                                20,705,322    71,138,870

Participants' withdrawals                     (34,900,570)  (34,133,280)
                                              -----------   -----------
Increase (decrease) in assets available for
 plan benefits during the year                (14,195,248)   37,005,590

Assets available for plan benefits at
 beginning of year                            286,940,779   249,935,189
                                              -----------   -----------
Assets available for plan benefits at
 end of year                                 $272,745,531  $286,940,779
                                              ===========   ===========
    
See accompanying notes.
        



















                                                                       3
                                    4
      
                        Cooper Tire & Rubber Company
                       Thrift and Profit Sharing Plan

                        Notes to Financial Statements

                          December 31, 1998 and 1997

1. Summary of Plan

The Cooper Tire & Rubber Company Thrift and Profit Sharing Plan (Plan),
is a defined contribution plan administered by a Plan Committee
appointed by the plan sponsor, Cooper Tire & Rubber Company (the
Company).  Participation in the Plan is voluntary and any salaried
employee of the Company is eligible to participate in the Plan if he or
she has completed one year of continuous credited service. At December
31, 1998, 4,862 participants had designated investment of contributions
in one or more investment options of the Plan, which are as follows:

  1)  Cooper Tire & Rubber Company common stock.

  2)  Mutual funds managed by the American Funds Group, a subsidiary
      of Capital Group Incorporated:

      a)  The Investment Company of America Fund - managed to provide
          long-term growth of capital and income, placing greater
          emphasis on future dividends than on current income.

      b)  The Washington Mutual Investors Fund - managed to provide
          current income and opportunity for capital growth through the
          selection of common stocks.

  3)  Cash with interest - contributions are placed in investment
      contracts with a diversified group of insurance companies, banks,
      and other financial institutions.  This option may also include
      synthetic investment contracts backed by high quality fixed income
      assets.  All contracts have specific individual terms including
      interest rate and maturity date.  Interest rates on contracts
      generally reset on a monthly or quarterly basis.

The Plan provides the following:

  - After-tax dollar (ATD) contributions may be made in one percent
    multiples of participant's compensation up to sixteen percent.

  - Pre-tax dollar qualifier (PDQ) contributions may be made in one
    percent multiples of participant's compensation up to fifteen
    percent, subject to Internal Revenue Code (IRC) limits on annual
    contributions to the Plan.

  - In no event shall the aggregate of a participant's contributions
    exceed sixteen percent of participant's compensation.

  - The Company will contribute to the Plan each year from current or
    accumulated earnings an amount equal to the lesser of:

  (a)  the aggregate of all ATD and PDQ contributions which represent up
       to six percent of each participant's compensation, less any
       forfeitures, or

  (b)  an amount equal to fifteen percent of the Company's current year
       pre-tax earnings, exclusive of any deductions for contributions
       to the Plan, in excess of ten percent of the stockholders' equity
       of the Company at the beginning of the year.

(continued)
                                                                       4
                                    5
      
1. Summary of Plan (continued)

The Company's Board of Directors, at its discretion, may waive the
limitation in (b) and contribute from current or accumulated earnings an
amount not to exceed the limitation in (a).  Administrative expenses of
the Plan are paid by the Company.

The Company's contributions are allocated to each participant's account
in proportion to his or her ATD contributions and PDQ contributions up
to an aggregate of six percent of the participant's compensation for
each year.  The Company contribution to a participant's account becomes
vested after five years of continuous credited service; thereafter,
Company contributions become vested when made.  In addition,
participants will have a fully vested right to the Company's
contributions upon termination from the Plan due to retirement, total
and permanent disability, or death and shall be eligible to receive the
Company's contribution for that year as if he or she had not terminated
participation.  Earnings attributed to Company contributions allocated
to a participant's account and those attributed to a participant's
contributions are vested immediately.

The Plan provides for total or partial withdrawal of a participant's
account.  Except for the unvested portion of Company contributions, a
participant may withdraw the total of his or her ATD contributions and
Company contributions at any time.  No amounts may be withdrawn by a
participant from PDQ contributions prior to termination of employment or
plan termination unless the participant has either attained the age of
59 1/2, becomes totally and permanently disabled, or is able to
demonstrate financial hardship.  However, all withdrawals relating to
PDQ contributions are subject to the Internal Revenue Code (IRC) and
regulations thereunder.

Investment options for future contributions may be changed daily.
Reallocation of balances may be made among the investment options daily.
Directions given by participants to the Plan trustee concerning the
voting of common stock are confidential.

The Company has reserved the right to amend, modify, suspend or
terminate the Plan at any time by action of its Board of Directors.
Upon termination of the Plan, or upon the complete discontinuance of
Company contributions under the Plan, the rights of each participant to
the assets then held for his or her account under the Plan shall be
nonforfeitable.

No material amounts of withdrawals by participants, initiated on or
before December 31, 1998 or 1997, were pending.

2. Significant Accounting Policies

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect reported amounts of (1) additions and deductions
during the reporting period, and (2) assets and liabilities, as well as
disclosure of contingent assets and liabilities, at the date of the
financial statements.  Actual results could differ from those estimates.

Investments

The Plan's investments are held by National City Bank as trustee under
an agreement which directs the trustee to invest participants'
contributions based on their investment elections.  PSP contributions
and income not yet invested in the options selected by the participant
due to the "transaction period" as defined by the Plan, are invested in
cash with interest investments.
(continued)
                                                                       5
                                    6
      
2. Significant Accounting Policies (continued)

Investments in common stock of the Company are stated at quoted market
values as determined on the last business day of the Plan year. Mutual
fund investments are stated at fair value based on the net asset value
thereof on the last business day of the Plan year.

The Plan of Rehabilitation for Confederation Life became final on
November 13, 1996.  On March 12, 1997, the Company was notified the
Rehabilitator had determined a fair value of the Confederation Life
contracts held by the Thrift Plan was equal to 109.26% of the August,
1994 contract value.  This adjustment was made by the Trustee effective
March 31, 1997.  On or about June 2, 1997, the total value of the
Confederation Life account was unfrozen and rolled into the Cash with
Interest Fund.

Certain investments of the Plan are combined with similar assets of the
other defined contribution plans sponsored by the Company. The combined
investments (Pooled Fund) are held by National City Bank as trustee and
are valued at their fair value as determined by the trustee, except for
fully benefit responsive investment contracts which are valued at
contract value. At December 31, 1998 and 1997, the contract value of
these contracts approximates fair value.

Contributions

Contributions are recorded when the Company makes payroll deductions for
Plan participants, and are invested in any of four investment options at
the participant's election.

Contributions from the Company are accrued in the period in which they
become obligations of the Company and may be in the form of cash,
treasury stock or authorized but unissued common stock of the Company.
Company contributions are invested in common stock of the Company until
the contributions become vested after which they are invested as
directed by the participant. The Company contribution to a participant's
account becomes vested after five years of continuous credited service;
thereafter, Company contributions become vested when made.

Forfeitures

Forfeitures occur when an employee elects a withdrawal from current year
or unvested contributions or is terminated, voluntarily or
involuntarily, before being fully vested.  Forfeitures are used to
reduce the Company obligation.

3. Income Tax Status

The Internal Revenue Service ruled September 9, 1996 that the Plan
qualifies under Section 401(a) of the IRC and, therefore, the related
trust is not subject to tax under present income tax law.  Once
qualified, the Plan is required to operate in conformity with the IRC to
maintain its qualification.  The Plan Committee believes the Plan is
being operated in compliance with the applicable requirements of the IRC
and, therefore, believes that the Plan is qualified and the related
trust is tax exempt.









                                                                       6
                                    7
      
4. Value of Interest in Pooled Fund
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                                 December 31, 1998
                                           -----------------------------
                                             Cooper Tire
                                              & Rubber
                                              Company        Cash with
                                              Common         Interest
                                            Stock Fund         Fund
                                           ------------    ------------
                                                              
Armada Government Portfolio Fund           $  1,681,519    $  3,928,115
Cooper Tire & Rubber Company
 Common Stock                               154,085,556
*Allstate Life Insurance Company -
  6.01% contract 77020; matures
  August 16, 2004                                            12,866,709
*Monumental Life Insurance Company -
  6.08% contract BDA-00217TR; matures
  August 25,2004                                             11,842,635
*State Street Bank & Trust - 5.35%
  contract 98145; matures
  September 15, 2003                                          6,974,051
**Casisse Des Depots - 6.15% contract
  223-01; matures September 25, 2000                          2,390,045
 John Hancock Mutual Life Insurance
  Company - 5.62% contract 8736;
  matures May 1, 2007                                         7,651,704
 New York Life Insurance Company -
  7.65% contract 30200-001; matures
  September 20, 2000                                          5,359,713
*Continental Assurance Company -
  6.31% contract 63-05835; matures
  February 17, 2003                                           4,005,674
 Allstate Life Insurance Company -
  5.95% contract 31040; matures
  July 1, 2001                                                3,497,499
 Allmerica Financial Life - 6.30%
  contract 99212W; matures
  November 15, 2004                                           3,474,907
**Casisse Des Depots - 5.86% contract
  223-03; matures December 16, 2002                           2,995,078
 United of Omaha Life Insurance -
  5.75% contract SDGA-11195; matures
  August 2, 2000                                              1,995,756
 Monumental Life Insurance Company -
  3.66% contract ADA00561FR; matures
  April 15, 1999                                              1,315,889
 New York Life Insurance Company -
  7.65% contract 30200-002; matures
  April 19, 1999                                              1,169,061
 Monumental Life Insurance Company -
  5.80% contract BDA-00217TR-10;
  matures December 31, 1999                                      59,733
                                           ------------    ------------
                                           $155,767,075    $ 69,526,569
                                           ============    ============
    
*  Synthetic contract
** Non-participating synthetic contract
        

                                                                       7
                                    8
      
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:

         
                                      December 31, 1997
                       -------------------------------------------------
                        Cooper Tire                  The        The
                         & Rubber       Cash      Investment Washington
                         Company        with      Company of   Mutual
                         Common       Interest     America    Investors
                        Stock Fund      Fund        Fund        Fund
                       ------------ ----------- ----------- -----------
                                                               
Armada Government
 Portfolio Fund        $  1,214,344 $(1,863,178)$(1,153,143)$ 1,315,449
Cooper Tire & Rubber
 Company Common Stock   185,112,135
Mutual funds:
 The Investment Company
  of America Fund                                18,542,498
 The Washington Mutual
  Investors Fund                                             28,034,543
Cash with Interest Fund:
*Allstate Life Insurance
  Company - 6.23% contract;
  matures August 16, 2004             8,589,106
 New York Life Insurance
  Company - 7.65% contract;
  matures September 20, 2000          7,513,568
*John Hancock Mutual Life
  Insurance Company - 6.42%
  contract; matures May 1,
  2007                                7,197,589
 Provident Life and Accident
  Insurance Company 5.75% -
  contract; matures
  January 30, 1998                    6,593,931
*Continental Assurance Company -
  6.06% contract; matures
  January 1, 1998                     3,862,569
*Allstate Life Insurance
  Company - 5.95% contract;
  matures February 18, 2002           3,303,020
*Allmerica Financial Life
  Insurance Company - 6.81%
  contract; matures
  November 15, 2004                   3,259,691
*Peoples Security Life -
  6.89% contract; matures
  June 25, 2004                       3,026,927
*Caisse Des Depots (CDC) BRIC -
  6.15% contract; matures
  September 25, 2000                  2,987,570
*Peoples Security Life -
  6.08% contract; matures
  April 15, 1999                      1,997,156
 United of Omaha Life
  Insurance - 6.41% contract;
  matures August 2, 2000              1,995,770
*Peoples Security Life -
  6.60% contract; matures
  August 25, 2004                     1,979,747
(continued)

                                                                       8
                                    9
      
*Peoples Security Life -
  6.78% contract; matures
  March 15, 2002                      1,952,166
*Peoples Security Life -
  5.29% contract; matures
  December 17, 2001                   1,721,801
*Caisse Des Depots (CDC) BRIC -
  5.80% contract; matures
  December 16, 2002                   1,550,256
*Peoples Security Life -
  6.17% contract; matures
  July 16, 2001                       1,487,592
*Caisse Des Depots (CDC) BRIC -
  5.86% contract; matures
  May 31, 2000                        1,445,881
*Peoples Security Life -
  6.94% contract; matures
  January 26, 2004                    1,299,224
 Commonwealth Life Insurance
  Company - 3.66% contract;
  matures April 15, 1999              1,269,427
 New York Life Insurance
  Company - 7.65% contract;
  matures April 19, 1999              1,085,983
*Peoples Security Life -
  5.40% contract; matures
  January 18, 2000                      859,422
*Peoples Security Life -
  5.80% contract; matures
  December 31, 1999                     654,404
*Peoples Security Life -
  5.24% contract; matures
  April 15, 1998                        589,726
                       ------------ ----------- ----------- -----------
Total assets           $186,326,479 $64,359,348 $17,389,355 $29,349,992
                       ============ =========== =========== ===========
    
*Synthetic contract
        
The average yield of the Cash with Interest Fund for the years ended
December 31, 1998 and 1997 was 6.1% and 6.7% respectively.

The value of the Plan's interest in the Pooled Fund is $208,266,377 at
December 31, 1998 and $271,917,956 at December 31, 1997.

The Plan's interest in the Pooled Fund's assets at December 31 is as
follows:
                                                  1998      1997
                                                  -----     -----
Cooper Tire & Rubber Company Common Stock Fund    90.2%     91.6%
Cash with Interest Fund                           92.0%     94.4%
The Investment Company of America Fund               -      84.5%
The Washington Mutual Investors Fund                 -      87.9%












                                                                       9
                                    10
      
       
The net investment gain (loss) of the Cooper Tire & Rubber Company
Pooled Fund is as follows:
         
                                 Year Ended December 31, 1998
                     --------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest            $    142,892  $ 4,150,939  $     7,700  $    15,063
Dividends              2,724,804                   417,248      378,191
Net realized and
 unrealized
 gain (loss)         (23,151,293)                1,137,385    3,677,886
                     -----------  -----------  -----------  -----------
Net investment
 gain (loss)        $(20,283,597) $ 4,150,939  $ 1,562,333  $ 4,071,140
                     ===========  ===========  ===========  ===========
        
       
         
                                 Year Ended December 31, 1997
                     ---------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest             $   113,940  $ 3,882,280  $    30,033  $    33,468
Dividends              2,704,175                 1,804,968    2,222,234
Net realized and
 unrealized gain      38,049,952                 1,573,724    3,744,388
                     -----------  -----------  -----------  -----------

Net investment gain  $40,868,067  $ 3,882,280  $ 3,408,725  $ 6,000,090
                     ===========  ===========  ===========  ===========
        
The Plan's net investment loss from the Pooled Fund is $11,707,244 for
the year ended December 31, 1998 and a net investment gain of
$49,701,339 for the year ended December 31, 1997.

The net investment gain or loss of the Pooled Fund is allocated to each
participating plan based on the percentage of that Plan's units in each
Pooled Fund category.















                                                                      10
                                    11
      
5. Investment Income
       
On July 24, 1998, the Plan's investments in the Investment Co. of
America Com and Washington Mutual Investors Fund were removed from the
pooled fund.  Investment income on assets held outside the pooled fund
is as follows:
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1998:
  Cooper Tire & Rubber
    Company Common               $(417,163)         $   65,450
  Armada Government Portfolio
    Fund                                                        $ 24,290
  Investment Co. of America
    Com                                              1,496,629
  Washington Mutual Investors
    Fund                                             2,729,480
                                  --------           ---------   -------
Totals                           $(417,163)         $4,291,559  $ 24,290
                                  ========           =========   =======
        
       
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1997:
  Cooper Tire & Rubber
    Company Common               $357,002           $   29,094
  Armada Government Portfolio
    Fund                                                        $904,965
                                  -------            ---------   -------
Totals                           $357,002           $   29,094  $904,965
                                  =======            =========   =======
        
6. Year 2000 Issue (unaudited)

The Plan Sponsor has determined it will be necessary to take certain
steps in order to ensure the Plan's information systems are prepared to
handle year 2000 issues.  The Plan Sponsor is taking a two-phase
approach.  The first phase addressed internal systems that needed to be
modified or replaced to function properly.  Internal resources were
utilized to modify existing software applications and test the software
and equipment for the year 2000 modifications.  Costs associated with
modifying software and equipment were paid by the Plan Sponsor and were
not material.

For the second phase of the project, Plan management established formal
communications with its third party service providers to determine that
they have developed plans to address their own year 2000 problems as
they relate to the Plan's operations.  All third party service providers
have indicated they will be year 2000 compliant by mid-year 1999.  If
modification of data processing systems by the service providers is not
completed timely, the Plan Sponsor believes the year 2000 problem could
have a material impact on the operations of the Plan.  Plan management
has not developed a contingency plan, because they are confident that
all systems will be year 2000 ready.
                                                                      11
                                    12
      
























                                 Schedules








































                                                                      12
                                    13
      
       
                        Cooper Tire & Rubber Company
                       Thrift and Profit Sharing Plan
                Employer Identification #34-4297750; Plan #005

            Line 27a - Schedule of Assets Held for Investment Purposes

                                December 31, 1998

         
                                    Shares       Cost (Plus
                                   Units, or      Accrued      Fair
   Description                     Face Amount    Interest)    Value
   -----------                     -----------  -----------  -----------
                                                                
*Cooper Tire & Rubber
  Company common stock                401,128   $ 7,216,175  $ 8,198,254
Mutual funds:
 *Armada Government Money Market      359,060       359,060      359,060
 *Armada Government Portfolio         131,450       131,450      131,450
  American Funds - Washington         589,598    17,862,313   18,318,800
   Mutual Investors Fund
  American Funds - Investment Co.   1,029,337    34,523,128   33,875,469
   of America Com                                ----------   ----------
                                                $60,092,126  $60,883,033
                                                 ==========   ==========
    
*Party-in-interest
        




































                                                                      13
                                    14
      
       
                       Cooper Tire & Rubber Company
                      Thrift and Profit Sharing Plan
               Employer Identification #34-4297750; Plan #005

               Line 27d - Schedule of Reportable Transactions

                      Year Ended December 31, 1998

         
                                                     Sales
                                       --------------------------------
                                                  Cost (Plus
                           Cost of                  Accrued      Gain/
Description of Assets     Purchases    Proceeds    Interest)    (Loss)
- ---------------------     ---------    --------   ----------   --------
                                                                  
Armada Government
 Portfolio Fund          $11,106,749 $11,026,645 $11,026,645   $      -
Cooper Tire & Rubber
 Company common stock     11,046,234          -            -          -
American Washington
 Mutual Investors Fund     9,933,239  11,194,718  11,717,825   (523,107)


    
Note:  The purchase and selling price for each reportable transaction
represents its fair value at the time of acquisition or disposition.
        




































                                                                      14
                                    15
      
                                                            EXHIBIT (99)
                      Cooper Tire & Rubber Company
                    Pre-Tax Savings Plan (Texarkana)

                   Financial Statements and Schedules


                 Years ended December 31, 1998 and 1997





                                Contents

Report of Independent Auditors                                    1

Audited Financial Statements

Statements of Assets Available for Plan Benefits                  2
Statements of Changes in Assets Available for Plan Benefits       3
Notes to Financial Statements                                     4


Schedules

Line 27a - Schedule of Assets Held for Investment Purposes       14
Line 27d - Schedule of Reportable Transactions                   15


A schedule of party-in-interest transactions has not
been presented because there were no party-in-
interest transactions which are prohibited by
ERISA Section 406 and for which there is no
statutory or administrative exemption.































                                    16
      





                         Report of Independent Auditors

Pre-Tax Savings Plan Committee
Cooper Tire & Rubber Company
 Pre-Tax Savings Plan (Texarkana)

We have audited the accompanying statements of assets available for plan
benefits of the Cooper Tire & Rubber Company Pre-Tax Savings Plan
(Texarkana) as of December 31, 1998 and 1997, and the related statements
of changes in assets available for plan benefits for the years then
ended. These financial statements are the responsibility of the Plan's
management. Our responsibility is to express an opinion on these
financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present
fairly, in all material respects, the assets available for plan benefits
of the Cooper Tire & Rubber Company Pre-Tax Savings Plan (Texarkana) at
December 31, 1998 and 1997, and the changes in its assets available for
plan benefits for the years then ended, in conformity with generally
accepted accounting principles.

Our audits were conducted for the purpose of forming an opinion on the
basic financial statements taken as a whole. The accompanying schedules
of assets held for investment purposes as of December 31, 1998 and
reportable transactions for the year then ended, are presented for
purposes of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the
Department of Labor's Rules and Regulations for Reporting and Disclosure
under the Employee Retirement Income Security Act of 1974.  These
supplemental schedules are the responsibility of the Plan's management.
The supplemental schedules have been subjected to the auditing
procedures applied in our audit of the 1998 basic financial statements
and, in our opinion, are fairly stated in all material respects in
relation to the 1998 basic financial statements taken as a whole.


May 14, 1999













                                                                       1
                                    17
      
       
                       Cooper Tire & Rubber Company
                      Pre-Tax Savings Plan (Texarkana)

               Statements of Assets Available for Plan Benefits
         
                                                     December 31
                                                  1998         1997
                                               -----------  -----------
                                                               
Assets
Investments:
   Value of interest in Pooled Fund (Note 4)   $10,452,955  $11,197,324
   Cooper Tire & Rubber Company Common Stock             -      158,974
   Mutual funds                                  2,261,640        1,706
                                                ----------   ----------
                                                12,714,595   11,358,004

Cash                                                73,171      173,654
Employer contribution receivable                   243,855       91,811
Employee contribution receivable                    31,173            -
                                                ----------   ----------
Assets available for plan benefits             $13,062,794  $11,623,469
                                                ==========   ==========


    
See accompanying notes.
        




































                                                                       2
                                    18
      
       
                      Cooper Tire & Rubber Company
                     Pre-Tax Savings Plan (Texarkana)

           Statements of Changes in Assets Available for Plan Benefits
         
                                                Year Ended December 31
                                                  1998         1997
                                               -----------  -----------
                                                               
Additions:
  Cash contributions:
   Participants                                $ 2,130,720  $ 1,767,097
   Employer                                        250,016      238,769
                                                ----------   ----------
                                                 2,380,736    2,005,866
  Investment income (loss):
   Net gain from Pooled Fund (Note 4)             (188,000)   2,025,254
   Net depreciation in fair value of Cooper
    Tire & Rubber Company Common Stock                   -       (3,347)
   Net depreciation in fair value of
    common stock and mutual funds                  (50,492)           -
   Dividends                                       180,355        1,494
   Interest                                            256          316
                                                ----------   ----------
                                                   (57,881)   2,023,717
                                                ----------   ----------
Total additions                                  2,322,855    4,029,583

Participants' withdrawals                         (883,530)  (1,026,258)
                                                ----------   ----------
Increase in assets available for plan
 benefits during the year                        1,439,325    3,003,325

Assets available for plan benefits at
 beginning of year                              11,623,469    8,620,144
                                                ----------   ----------
Assets available for plan benefits at
 end of year                                   $13,062,794  $11,623,469
                                                ==========   ==========

    
See accompanying notes.
        





















                                                                       3
                                    19
      
                      Cooper Tire & Rubber Company
                    Pre-Tax Savings Plan (Texarkana)

                     Notes to Financial Statements

                      December 31, 1998 and 1997

1. Summary of Plan

The Cooper Tire & Rubber Company Pre-Tax Savings Plan (Texarkana)
(Plan), as amended and restated, is a defined contribution plan
administered by a Plan Committee appointed by the plan sponsor, Cooper
Tire & Rubber Company (the Company).  Participation in the Plan is
voluntary and any employee of the Company eligible for membership in
Local Union #752, United Steelworkers of America AFL-CIO/CLC (Union) is
eligible to participate in the Plan if he or she has completed thirty
days of continuous credited service. At December 31, 1998, 902
participants had designated investment of contributions in one or more
investment options of the Plan, which are as follows:

  1)  Cooper Tire & Rubber Company common stock.

  2)  Mutual funds managed by the American Funds Group, a subsidiary
      of Capital Group Incorporated:

      a)  The Investment Company of America Fund - managed to provide
          long-term growth of capital and income, placing greater
          emphasis on future dividends than on current income.

      b)  The Washington Mutual Investors Fund - managed to provide
          current income and opportunity for capital growth through the
          selection of common stocks.

  3)  Cash with interest - contributions are placed in investment
      contracts with a diversified group of insurance companies, banks,
      and other financial institutions.  This option may also include
      synthetic investment contracts backed by high quality fixed income
      assets.  All contracts have specific individual terms including
      interest rate and maturity date.  Interest rates on contracts
      generally reset on a monthly or quarterly basis.

The Plan provides that Pre-Tax Savings Plan (PSP) contributions may be
made in one percent multiples of a participant's compensation up to
fifteen percent, subject to Internal Revenue Code (IRC) limits on annual
contributions to the Plan. The amount of contribution may be changed
every thirty days.

The Plan provides that the Company will contribute to the Plan each year
from current or accumulated earnings an amount equal to the lesser of:

  (a)  25% of PSP contributions which represent up to four percent of
       each participant's compensation, less any forfeitures, or

  (b)  an amount equal to fifteen percent of the Company's current year
       pre-tax earnings, exclusive of any deductions for contributions
       to the Plan, in excess of ten percent of the stockholders' equity
       of the Company at the beginning of the year.

The Company's Board of Directors, at its discretion, may waive the
limitation in (b) and contribute from current or accumulated earnings an
amount not to exceed the limitation in (a).  Administrative expenses of
the Plan are paid by the Company.
(continued)


                                                                       4
                                    20
      
1. Summary of Plan (continued)

Investment options for future contributions may be changed daily.
Reallocation of balances may be made among the investment options daily.
Directions given by participants to the Plan trustee concerning the
voting of common stock are confidential.

No amounts may be withdrawn by a participant from PSP contributions
prior to termination of employment unless the participant has either
attained age 59 1/2, becomes totally and permanently disabled, or is
able to demonstrate financial hardship. Hardship withdrawals by
participants not yet attaining 59 1/2 years of age are limited to PSP
contributions and are subject to the Internal Revenue Code (IRC) and
regulations thereunder. Participants are fully vested in their
contributions and earnings thereon.

The Plan shall continue until March 5, 1999. Thereafter it shall renew
itself for yearly periods unless written notice is given by the Company
or the Union that it is desired to terminate or amend the Plan. The
Company has reserved the right to amend the Plan at any time if such
amendment is necessary to enable the Plan to meet the requirements of
the IRC or the requirements of any governmental authority. If the Plan
terminates, and a successor plan is not adopted, all assets will be
distributed to participants in a lump sum.

No material amounts of withdrawals by participants, initiated on or
before December 31, 1998 or 1997, were pending.

2. Significant Accounting Policies

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect reported amounts of (1) additions and deductions
during the reporting period, and (2) assets and liabilities, as well as
disclosure of contingent assets and liabilities, at the date of the
financial statements.  Actual results could differ from those estimates.

Investments

The Plan's investments are held by National City Bank as trustee under
an agreement which directs the trustee to invest participants'
contributions based on their investment elections.  PSP contributions
and income not yet invested in the options selected by the participant
due to the "transaction period" as defined by the Plan, are invested in
cash with interest investments.

Investments in common stock of the Company are stated at quoted market
values as determined on the last business day of the Plan year. Mutual
fund investments are stated at fair value as determined by the net asset
values thereof on the last business day of the Plan year.

Certain investments of the Plan are combined with similar assets of the
other defined contribution plans sponsored by the Company. The combined
investments (Pooled Fund) are held by National City Bank as trustee and
are valued at their fair value as determined by the trustee, except for
fully benefit responsive investment contracts which are valued at
contract value. At December 31, 1998 and 1997, the contract value of
these contracts approximates fair value.







                                                                       5
                                    21
      
2. Significant Accounting Policies (continued)

Contributions

Contributions are recorded when the Company makes payroll deductions for
Plan participants, and are invested in any of four investment options at
the participant's election.

Contributions from the Company are accrued in the period in which they
become obligations of the Company and may be in the form of cash,
treasury stock or authorized but unissued common stock of the Company.
Company contributions are invested in common stock of the Company until
the contributions become vested after which they are invested as
directed by the participant. The Company contribution to a participant's
account becomes vested after five years of continuous credited service;
thereafter, Company contributions become vested when made.

Forfeitures

Forfeitures occur when an employee elects a withdrawal from current year
or unvested contributions or is terminated, voluntarily or
involuntarily, before being fully vested.  Forfeitures are used to
reduce the Company obligation.

3. Income Tax Status

The Internal Revenue Service ruled September 9, 1996 that the Plan
qualifies under Section 401(a) of the IRC and, therefore, the related
trust is not subject to tax under present income tax law.  Once
qualified, the Plan is required to operate in conformity with the IRC to
maintain its qualification.  The Plan Committee believes the Plan is
being operated in compliance with the applicable requirements of the IRC
and, therefore, believes that the Plan is qualified and the related
trust is tax exempt.

4. Value of Interest in Pooled Fund
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                                 December 31, 1998
                                           -----------------------------
                                             Cooper Tire
                                              & Rubber
                                              Company        Cash with
                                              Common         Interest
                                            Stock Fund         Fund
                                           ------------    ------------
                                                              
Armada Government Portfolio Fund           $  1,681,519    $  3,928,115
Cooper Tire & Rubber Company
 Common Stock                               154,085,556
*Allstate Life Insurance Company -
  6.01% contract 77020; matures
  August 16, 2004                                            12,866,709
*Monumental Life Insurance Company -
  6.08% contract BDA-00217TR; matures
  August 25,2004                                             11,842,635
*State Street Bank & Trust - 5.35%
  contract 98145; matures
  September 15, 2003                                          6,974,051
**Casisse Des Depots - 6.15% contract
  223-01; matures September 25, 2000                          2,390,045
(continued)

                                                                       6
                                    22
      
 John Hancock Mutual Life Insurance
  Company - 5.62% contract 8736;
  matures May 1, 2007                                         7,651,704
 New York Life Insurance Company -
  7.65% contract 30200-001; matures
  September 20, 2000                                          5,359,713
*Continental Assurance Company -
  6.31% contract 63-05835; matures
  February 17, 2003                                           4,005,674
 Allstate Life Insurance Company -
  5.95% contract 31040; matures
  July 1, 2001                                                3,497,499
 Allmerica Financial Life - 6.30%
  contract 99212W; matures
  November 15, 2004                                           3,474,907
**Casisse Des Depots - 5.86% contract
  223-03; matures December 16, 2002                           2,995,078
 United of Omaha Life Insurance -
  5.75% contract SDGA-11195; matures
  August 2, 2000                                              1,995,756
 Monumental Life Insurance Company -
  3.66% contract ADA00561FR; matures
  April 15, 1999                                              1,315,889
 New York Life Insurance Company -
  7.65% contract 30200-002; matures
  April 19, 1999                                              1,169,061
 Monumental Life Insurance Company -
  5.80% contract BDA-00217TR-10;
  matures December 31, 1999                                      59,733
                                           ------------    ------------
                                           $155,767,075    $ 69,526,569
                                           ============    ============
    
*  Synthetic contract
** Non-participating synthetic contract
        
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                      December 31, 1997
                       -------------------------------------------------
                        Cooper Tire                  The        The
                         & Rubber       Cash      Investment Washington
                         Company        with      Company of   Mutual
                         Common       Interest     America    Investors
                        Stock Fund      Fund        Fund        Fund
                       ------------ ----------- ----------- -----------
                                                               
Armada Government
 Portfolio Fund        $  1,214,344 $(1,863,178)$(1,153,143)$ 1,315,449
Cooper Tire & Rubber
 Company Common Stock   185,112,135
Mutual funds:
 The Investment Company
  of America Fund                                18,542,498
 The Washington Mutual
  Investors Fund                                             28,034,543
Cash with Interest Fund:
*Allstate Life Insurance
  Company - 6.23% contract;
  matures August 16, 2004             8,589,106
 New York Life Insurance
  Company - 7.65% contract;
  matures September 20, 2000          7,513,568
(continued)
                                                                       7
                                    23
*John Hancock Mutual Life
  Insurance Company - 6.42%
  contract; matures May 1,
  2007                                7,197,589
 Provident Life and Accident
  Insurance Company 5.75% -
  contract; matures
  January 30, 1998                    6,593,931
*Continental Assurance Company -
  6.06% contract; matures
  January 1, 1998                     3,862,569
*Allstate Life Insurance
  Company - 5.95% contract;
  matures February 18, 2002           3,303,020
*Allmerica Financial Life
  Insurance Company - 6.81%
  contract; matures
  November 15, 2004                   3,259,691
*Peoples Security Life -
  6.89% contract; matures
  June 25, 2004                       3,026,927
*Caisse Des Depots (CDC) BRIC -
  6.15% contract; matures
  September 25, 2000                  2,987,570
*Peoples Security Life -
  6.08% contract; matures
  April 15, 1999                      1,997,156
 United of Omaha Life
  Insurance - 6.41% contract;
  matures August 2, 2000              1,995,770
*Peoples Security Life -
  6.60% contract; matures
  August 25, 2004                     1,979,747
*Peoples Security Life -
  6.78% contract; matures
  March 15, 2002                      1,952,166
*Peoples Security Life -
  5.29% contract; matures
  December 17, 2001                   1,721,801
*Caisse Des Depots (CDC) BRIC -
  5.80% contract; matures
  December 16, 2002                   1,550,256
*Peoples Security Life -
  6.17% contract; matures
  July 16, 2001                       1,487,592
*Caisse Des Depots (CDC) BRIC -
  5.86% contract; matures
  May 31, 2000                        1,445,881
*Peoples Security Life -
  6.94% contract; matures
  January 26, 2004                    1,299,224
 Commonwealth Life Insurance
  Company - 3.66% contract;
  matures April 15, 1999              1,269,427
 New York Life Insurance
  Company - 7.65% contract;
  matures April 19, 1999              1,085,983
*Peoples Security Life -
  5.40% contract; matures
  January 18, 2000                      859,422
*Peoples Security Life -
  5.80% contract; matures
  December 31, 1999                     654,404
(continued)

                                                                       8
                                    24
      
*Peoples Security Life -
  5.24% contract; matures
  April 15, 1998                        589,726
                       ------------ ----------- ----------- -----------
Total assets           $186,326,479 $64,359,348 $17,389,355 $29,349,992
                       ============ =========== =========== ===========
    
*Synthetic contract
        
The average yield of the Cash with Interest Fund for the years ended
December 31, 1998 and 1997 was 6.1% and 6.7% respectively.

The value of the Plan's interest in the Pooled Fund is $10,452,955 at
December 31, 1998 and $11,197,324 at December 31, 1997.

The Plan's interest in the Pooled Fund's assets at December 31 is as
follows:
                                                   1998      1997
                                                   ----      ----
Cooper Tire & Rubber Company Common Stock Fund     4.5%      4.1%
Cash with Interest Fund                            4.7%      2.8%
The Investment Company of America Fund               -       2.7%
The Washington Mutual Investors Fund                 -       4.3%
       
The net investment gain (loss) of the Cooper Tire & Rubber Company
Pooled Fund is as follows:
         
                                 Year Ended December 31, 1998
                     --------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest            $    142,892  $ 4,150,939  $     7,700  $    15,063
Dividends              2,724,804                   417,248      378,191
Net realized and
 unrealized
 gain (loss)         (23,151,293)                1,137,385    3,677,886
                     -----------  -----------  -----------  -----------
Net investment
 gain (loss)        $(20,283,597) $ 4,150,939  $ 1,562,333  $ 4,071,140
                     ===========  ===========  ===========  ===========
        
       
         
                                 Year Ended December 31, 1997
                     ---------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest             $   113,940  $ 3,882,280  $    30,033  $    33,468
Dividends              2,704,175                 1,804,968    2,222,234
Net realized and
 unrealized gain      38,049,952                 1,573,724    3,744,388
                     -----------  -----------  -----------  -----------

Net investment gain  $40,868,067  $ 3,882,280  $ 3,408,725  $ 6,000,090
                     ===========  ===========  ===========  ===========
        
                                                                       9
                                    25
The Plan's net investment loss from the Pooled Fund is $188,000 for the
year ended December 31, 1998 and a net investment gain of $2,025,254 for
the year ended December 31, 1997.

The net investment gain or loss of the Pooled Fund is allocated to each
participating plan based on the percentage of that Plan's units in each
Pooled Fund category.

5. Investment Income
       
On July 24, 1998, the Plan's investments in the Investment Co. of
America Com and Washington Mutual Investors Fund were removed from the
pooled fund.  Investment income on assets held outside the pooled fund
is as follows:
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1998:
  Cooper Tire & Rubber
    Company Common               $     377          $      999
  Armada Government Portfolio
    Fund                                                        $    256
  Investment Co. of America
    Com                            (23,962)             46,312
  Washington Mutual Investors
    Fund                           (26,907)            133,044
                                  --------           ---------   -------
Totals                           $ (50,492)         $  180,355  $    256
                                  ========           =========   =======
        
       
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1997:
  Cooper Tire & Rubber
    Company Common               $ (3,347)          $    1,494
  Armada Government Portfolio
    Fund                                                        $    316
                                  -------            ---------   -------
Totals                           $ (3,347)          $    1,494  $    316
                                  =======            =========   =======
        
6. Year 2000 Issue (unaudited)

The Plan Sponsor has determined it will be necessary to take certain
steps in order to ensure the Plan's information systems are prepared to
handle year 2000 issues.  The Plan Sponsor is taking a two-phase
approach.  The first phase addressed internal systems that needed to be
modified or replaced to function properly.  Internal resources were
utilized to modify existing software applications and test the software
and equipment for the year 2000 modifications.  Costs associated with
modifying software and equipment were paid by the Plan Sponsor and were
not material.



                                                                      10
                                    26
      
6. Year 2000 Issue (unaudited) (continued)

For the second phase of the project, Plan management established formal
communications with its third party service providers to determine that
they have developed plans to address their own year 2000 problems as
they relate to the Plan's operations.  All third party service providers
have indicated they will be year 2000 compliant by mid-year 1999.  If
modification of data processing systems by the service providers is not
completed timely, the Plan Sponsor believes the year 2000 problem could
have a material impact on the operations of the Plan.  Plan management
has not developed a contingency plan, because they are confident that
all systems will be year 2000 ready.

7.  Investments

Individual investments that exceed 5% of plan assets available for
benefits are as follows:

                                                 December 31
                                              1998         1997
                                            --------------------
American Funds - Washington Mutual
      Investors Fund                        $1,675,964    $    -










































                                                                      11
                                    27
      
























                                     Schedules








































                                                                      12
                                    28
      
       
                     Cooper Tire & Rubber Company
                    Pre-Tax Savings Plan (Texarkana)
              Employer Identification #34-4297750; Plan #012

        Line 27a - Schedule of Assets Held for Investment Purposes

                           December 31, 1998

         
                                     Shares      Cost (Plus
                                    Units, or      Accrued     Fair
   Description                      Face Amount    Interest)   Value
   -----------                      -----------  -----------  ------
                                                                 
Mutual funds:
 *Armada Government Portfolio Fund     6,341     $    6,341  $    6,341
 American Funds - Investment Co.
  of America Com                      18,647        577,492     579,335
 American Funds - Washington Mutual
  Investors Fund                      50,926      1,705,302   1,675,964
                                                  ---------   ---------
                                                 $2,289,135  $2,261,640
                                                  =========   =========

    
*Party-in-interest
        





































                                                                      13
                                    29
      
       
                          Cooper Tire & Rubber Company
                        Pre-Tax Savings Plan (Texarkana)
                  Employer Identification #34-4297750; Plan #012

                  Line 27d - Schedule of Reportable Transactions

                          Year Ended December 31, 1998
         
                                                      Sales
                                       --------------------------------
                                                  Cost (Plus
                           Cost of                  Accrued      Gain/
Description of Assets     Purchases    Proceeds    Interest)    (Loss)
- ---------------------     ---------    --------   ----------   --------
                                                                   
Armada Government
 Portfolio Fund          $    99,599  $   98,405  $   98,405    $     -
Cooper Tire & Rubber
 Company common stock         98,329           -           -          -
American Funds -
 Investment Co. of
 America Com                 724,561     692,149     683,492      8,657
American Funds -
 Washington Mutual
 Investors Fund           10,007,746   1,882,840   1,955,501     72,661



    
Note:  The purchase and selling price for each reportable transaction
represents its fair value at the time of acquisition or disposition.
        
































                                                                      14
                                    30
      
                                                            EXHIBIT (99)
                       Cooper Tire & Rubber Company
                       Pre-Tax Savings Plan (Auburn)

                     Financial Statements and Schedules


                   Years ended December 31, 1998 and 1997





                                 Contents

Report of Independent Auditors                                    1

Audited Financial Statements

Statements of Assets Available for Plan Benefits                  2
Statements of Changes in Assets Available for Plan Benefits       3
Notes to Financial Statements                                     4


Schedules

Line 27a - Schedule of Assets Held for Investment Purposes       14
Line 27d - Schedule of Reportable Transactions                   15


A schedule of party-in-interest transactions has not
been presented because there were no party-in-
interest transactions which are prohibited by
ERISA Section 406 and for which there is no
statutory or administrative exemption.































                                    31
      





                       Report of Independent Auditors

Pre-Tax Savings Plan Committee
Cooper Tire & Rubber Company
 Pre-Tax Savings Plan (Auburn)

We have audited the accompanying statements of assets available for plan
benefits of the Cooper Tire & Rubber Company Pre-Tax Savings Plan
(Auburn) as of December 31, 1998 and 1997, and the related statements of
changes in assets available for plan benefits for the years then ended.
These financial statements are the responsibility of the Plan's
management. Our responsibility is to express an opinion on these
financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present
fairly, in all material respects, the assets available for plan benefits
of the Cooper Tire & Rubber Company Pre-Tax Savings Plan (Auburn) at
December 31, 1998 and 1997, and the changes in its assets available for
plan benefits for the years then ended, in conformity with generally
accepted accounting principles.

Our audits were conducted for the purpose of forming an opinion on the
basic financial statements taken as a whole. The accompanying schedules
of assets held for investment purposes as of December 31, 1998 and
reportable transactions for the year then ended, are presented for
purposes of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the
Department of Labor's Rules and Regulations for Reporting and Disclosure
under the Employee Retirement Income Security Act of 1974.  These
supplemental schedules are the responsibility of the Plan's management.
The supplemental schedules have been subjected to the auditing
procedures applied in our audit of the 1998 basic financial statements
and, in our opinion, are fairly stated in all material respects in
relation to the 1998 basic financial statements taken as a whole.


May 14, 1999













                                                                       1
                                    32
      
       
                     Cooper Tire & Rubber Company
                     Pre-Tax Savings Plan (Auburn)

              Statements of Assets Available for Plan Benefits
         
                                                     December 31
                                                   1998         1997
                                                ----------   ----------
                                                                
Assets
Investments:
   Value of interest in Pooled Fund (Note 4)    $1,152,172   $1,391,753
   Cooper Tire & Rubber Company Common Stock             -       30,591
   Mutual funds                                    565,298          351
                                                 ---------    ---------
                                                 1,717,470    1,422,695

Cash                                                 1,335       33,005
Employer contribution receivable                   107,372       26,459
Employee contribution receivable                     7,596            -
                                                 ---------    ---------
Assets available for plan benefits              $1,833,773   $1,482,159
                                                 =========    =========


    
See accompanying notes.
        




































                                                                       2
                                    33
      
       
                       Cooper Tire & Rubber Company
                       Pre-Tax Savings Plan (Auburn)

       Statements of Changes in Assets Available for Plan Benefits
         
                                                 Year Ended December 31
                                                   1998         1997
                                                ----------   ----------
                                                                
Additions:
  Cash contributions:
   Participants                                 $  365,154   $  342,846
   Employer                                        107,372       54,762
                                                 ---------    ---------
                                                   472,526      397,608
  Investment income (loss):
   Net gain from Pooled Fund (Note 4)               35,186      228,535
   Net depreciation in fair value of Cooper
    Tire & Rubber Company Common Stock                   -         (367)
   Net depreciation in fair value of
    common stock and mutual funds                 (113,263)           -
   Dividends                                        46,282          286
   Interest                                             45           64
                                                 ---------    ---------
                                                   (31,750)     228,518
                                                 ---------    ---------
Total additions                                    440,776      626,126

Participants' withdrawals                          (89,162)     (54,629)
                                                 ---------    ---------
Increase in assets available for plan
 benefits during the year                          351,614      571,497

Assets available for plan benefits at
 beginning of year                               1,482,159      910,662
                                                 ---------    ---------
Assets available for plan benefits at
 end of year                                    $1,833,773   $1,482,159
                                                 =========    =========

    
See accompanying notes.
        





















                                                                       3
                                    34
      
                        Cooper Tire & Rubber Company
                        Pre-Tax Savings Plan (Auburn)

                        Notes to Financial Statements

                        December 31, 1998 and 1997

1. Summary of Plan

The Cooper Tire & Rubber Company Pre-Tax Savings Plan (Auburn) (Plan),
as amended and restated, is a defined contribution plan administered by
a Plan Committee appointed by the plan sponsor, Cooper Tire & Rubber
Company (the Company).  Participation in the Plan is voluntary and any
employee of the Company eligible for membership in Local Union #634,
United Steelworkers of America AFL-CIO/CLC (formerly United Rubber,
Cork, Linoleum and Plastic Workers of America) (Union) is eligible to
participate in the Plan if he or she has completed thirty days of
continuous credited service. At December 31, 1998, 260 participants had
designated investment of contributions in one or more investment options
of the Plan, which are as follows:

  1)  Cooper Tire & Rubber Company common stock.

  2)  Mutual funds managed by the American Funds Group, a subsidiary
      of Capital Group Incorporated:

      a)  The Investment Company of America Fund - managed to provide
          long-term growth of capital and income, placing greater
          emphasis on future dividends than on current income.

      b)  The Washington Mutual Investors Fund - managed to provide
          current income and opportunity for capital growth through the
          selection of common stocks.

  3)  Cash with interest - contributions are placed in investment
      contracts with a diversified group of insurance companies, banks,
      and other financial institutions.  This option may also include
      synthetic investment contracts backed by high quality fixed income
      assets.  All contracts have specific individual terms including
      interest rate and maturity date.  Interest rates on contracts
      generally reset on a monthly or quarterly basis.

The Plan provides that Pre-Tax Savings Plan (PSP) contributions may be
made in one percent multiples of a participant's compensation up to
fifteen percent, subject to Internal Revenue Code (IRC) limits on annual
contributions to the Plan. The amount of contribution may be changed
every thirty days.

The Plan provides that the Company will contribute to the Plan each year
from current or accumulated earnings an amount equal to the lesser of:

(a) 50% (25% in 1997) of PSP contributions which represent up to four
       percent of each participant's compensation, less any forfeitures,
       or

  (b)  an amount equal to fifteen percent of the Company's current year
       pre-tax earnings, exclusive of any deductions for contributions
       to the Plan, in excess of ten percent of the stockholders' equity
       of the Company at the beginning of the year.

The Company's Board of Directors, at its discretion, may waive the
limitation in (b) and contribute from current or accumulated earnings an
amount not to exceed the limitation in (a).  Administrative expenses of
the Plan are paid by the Company.
(continued)
                                                                      4
                                    35
      
1. Summary of Plan (continued)

Investment options for future contributions may be changed daily.
Reallocation of balances may be made among the investment options daily.
Directions given by participants to the Plan trustee concerning the
voting of common stock are confidential.

No amounts may be withdrawn by a participant from PSP contributions
prior to termination of employment unless the participant has either
attained age 59 1/2, becomes totally and permanently disabled, or is
able to demonstrate financial hardship. Hardship withdrawals by
participants not yet attaining 59 1/2 years of age are limited to PSP
contributions and are subject to the Internal Revenue Code (IRC) and
regulations thereunder. Participants are fully vested in their
contributions and earnings thereon.

The Plan shall continue until December 5, 2000. Thereafter it shall
renew itself for yearly periods unless written notice is given by the
Company or the Union that it is desired to terminate or amend the Plan.
The Company has reserved the right to amend the Plan at any time if such
amendment is necessary to enable the Plan to meet the requirements of
the IRC or the requirements of any governmental authority. If the Plan
terminates, and a successor plan is not adopted, all assets will be
distributed to participants in a lump sum.

No material amounts of withdrawals by participants, initiated on or
before December 31, 1998 or 1997, were pending.

2. Significant Accounting Policies

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect reported amounts of (1) additions and deductions
during the reporting period, and (2) assets and liabilities, as well as
disclosure of contingent assets and liabilities, at the date of the
financial statements.  Actual results could differ from those estimates.

Investments

The Plan's investments are held by National City Bank as trustee under
an agreement which directs the trustee to invest participants'
contributions based on their investment elections.  PSP contributions
and income not yet invested in the options selected by the participant
due to the "transaction period" as defined by the Plan, are invested in
cash with interest investments.

Investments in common stock of the Company are stated at quoted market
values as determined on the last business day of the Plan year. Mutual
fund investments are stated at fair value as determined by the net asset
value thereof on the last business day of the Plan year.

Certain investments of the Plan are combined with similar assets of the
other defined contribution plans sponsored by the Company. The combined
investments (Pooled Fund) are held by National City Bank as trustee and
are valued at their fair value as determined by the trustee, except for
fully benefit responsive investment contracts which are valued at
contract value. At December 31, 1998 and 1997, the contract value of
these contracts approximates fair value.

Contributions

Contributions are recorded when the Company makes payroll deductions for
Plan participants, and are invested in any of four investment options at
the participant's election.
(continued)
                                                                      5
                                    36
      
2. Significant Accounting Policies (continued)

Contributions from the Company are accrued in the period in which they
become obligations of the Company and may be in the form of cash,
treasury stock or authorized but unissued common stock of the Company.
Company contributions are invested in common stock of the Company until
the contributions become vested after which they are invested as
directed by the participant. The Company contribution to a participant's
account becomes vested after five years of continuous credited service;
thereafter, Company contributions become vested when made.

Forfeitures

Forfeitures occur when an employee elects a withdrawal from current year
or unvested contributions or is terminated, voluntarily or
involuntarily, before being fully vested.  Forfeitures are used to
reduce the Company obligation.

3. Income Tax Status

The Internal Revenue Service ruled September 9, 1996 that the Plan
qualifies under Section 401(a) of the IRC and, therefore, the related
trust is not subject to tax under present income tax law.  Once
qualified, the Plan is required to operate in conformity with the IRC to
maintain its qualification.  The Plan Committee believes the Plan is
being operated in compliance with the applicable requirements of the IRC
and, therefore, believes that the Plan is qualified and the related
trust is tax exempt.

4. Value of Interest in Pooled Fund
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                                 December 31, 1998
                                           -----------------------------
                                             Cooper Tire
                                              & Rubber
                                              Company        Cash with
                                              Common         Interest
                                            Stock Fund         Fund
                                           ------------    ------------
                                                              
Armada Government Portfolio Fund           $  1,681,519    $  3,928,115
Cooper Tire & Rubber Company
 Common Stock                               154,085,556
*Allstate Life Insurance Company -
  6.01% contract 77020; matures
  August 16, 2004                                            12,866,709
*Monumental Life Insurance Company -
  6.08% contract BDA-00217TR; matures
  August 25,2004                                             11,842,635
*State Street Bank & Trust - 5.35%
  contract 98145; matures
  September 15, 2003                                          6,974,051
**Casisse Des Depots - 6.15% contract
  223-01; matures September 25, 2000                          2,390,045
 John Hancock Mutual Life Insurance
  Company - 5.62% contract 8736;
  matures May 1, 2007                                         7,651,704
 New York Life Insurance Company -
  7.65% contract 30200-001; matures
  September 20, 2000                                          5,359,713
(continued)

                                                                       6
                                    37
      
*Continental Assurance Company -
  6.31% contract 63-05835; matures
  February 17, 2003                                           4,005,674
 Allstate Life Insurance Company -
  5.95% contract 31040; matures
  July 1, 2001                                                3,497,499
 Allmerica Financial Life - 6.30%
  contract 99212W; matures
  November 15, 2004                                           3,474,907
**Casisse Des Depots - 5.86% contract
  223-03; matures December 16, 2002                           2,995,078
 United of Omaha Life Insurance -
  5.75% contract SDGA-11195; matures
  August 2, 2000                                              1,995,756
 Monumental Life Insurance Company -
  3.66% contract ADA00561FR; matures
  April 15, 1999                                              1,315,889
 New York Life Insurance Company -
  7.65% contract 30200-002; matures
  April 19, 1999                                              1,169,061
Monumental Life Insurance Company -
  5.80% contract BDA-00217TR-10;
  matures December 31, 1999                                      59,733
                                           ------------    ------------
                                           $155,767,075    $ 69,526,569
                                           ============    ============
    
*  Synthetic contract
** Non-participating synthetic contract
        
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                      December 31, 1997
                       -------------------------------------------------
                        Cooper Tire                  The        The
                         & Rubber       Cash      Investment Washington
                         Company        with      Company of   Mutual
                         Common       Interest     America    Investors
                        Stock Fund      Fund        Fund        Fund
                       ------------ ----------- ----------- -----------
                                                               
Armada Government
 Portfolio Fund        $  1,214,344 $(1,863,178)$(1,153,143)$ 1,315,449
Cooper Tire & Rubber
 Company Common Stock   185,112,135
Mutual funds:
 The Investment Company
  of America Fund                                18,542,498
 The Washington Mutual
  Investors Fund                                             28,034,543
Cash with Interest Fund:
*Allstate Life Insurance
  Company - 6.23% contract;
  matures August 16, 2004             8,589,106
 New York Life Insurance
  Company - 7.65% contract;
  matures September 20, 2000          7,513,568
*John Hancock Mutual Life
  Insurance Company - 6.42%
  contract; matures May 1,
  2007                                7,197,589

(continued)
                                                                       7
                                    38
      
 Provident Life and Accident
  Insurance Company 5.75% -
  contract; matures
  January 30, 1998                    6,593,931
*Continental Assurance Company -
  6.06% contract; matures
  January 1, 1998                     3,862,569
*Allstate Life Insurance
  Company - 5.95% contract;
  matures February 18, 2002           3,303,020
*Allmerica Financial Life
  Insurance Company - 6.81%
  contract; matures
  November 15, 2004                   3,259,691
*Peoples Security Life -
  6.89% contract; matures
  June 25, 2004                       3,026,927
*Caisse Des Depots (CDC) BRIC -
  6.15% contract; matures
  September 25, 2000                  2,987,570
*Peoples Security Life -
  6.08% contract; matures
  April 15, 1999                      1,997,156
 United of Omaha Life
  Insurance - 6.41% contract;
  matures August 2, 2000              1,995,770
*Peoples Security Life -
  6.60% contract; matures
  August 25, 2004                     1,979,747
*Peoples Security Life -
  6.78% contract; matures
  March 15, 2002                      1,952,166
*Peoples Security Life -
  5.29% contract; matures
  December 17, 2001                   1,721,801
*Caisse Des Depots (CDC) BRIC -
  5.80% contract; matures
  December 16, 2002                   1,550,256
*Peoples Security Life -
  6.17% contract; matures
  July 16, 2001                       1,487,592
*Caisse Des Depots (CDC) BRIC -
  5.86% contract; matures
  May 31, 2000                        1,445,881
*Peoples Security Life -
  6.94% contract; matures
  January 26, 2004                    1,299,224
 Commonwealth Life Insurance
  Company - 3.66% contract;
  matures April 15, 1999              1,269,427
 New York Life Insurance
  Company - 7.65% contract;
  matures April 19, 1999              1,085,983
*Peoples Security Life -
  5.40% contract; matures
  January 18, 2000                      859,422
*Peoples Security Life -
  5.80% contract; matures
  December 31, 1999                     654,404
*Peoples Security Life -
  5.24% contract; matures
  April 15, 1998                        589,726
                       ------------ ----------- ----------- -----------
Total assets           $186,326,479 $64,359,348 $17,389,355 $29,349,992
                       ============ =========== =========== ===========
(continued)
                                                                       8
                                    39
    
*Synthetic contract
        
The average yield of the Cash with Interest Fund for the years ended
December 31, 1998 and 1997 was 6.1% and 6.7% respectively.

The value of the Plan's interest in the Pooled Fund is $1,152,172 at
December 31, 1998 and $1,391,753 at December 31, 1997.

The Plan's interest in the Pooled Fund's assets at December 31 is as
follows:
                                                   1998      1997
                                                   ----      ----
Cooper Tire & Rubber Company Common Stock Fund     0.5%      0.4%
Cash with Interest Fund                            0.4%      0.4%
The Investment Company of America Fund               -       1.0%
The Washington Mutual Investors Fund                 -       0.6%

       
The net investment gain (loss) of the Cooper Tire & Rubber Company
Pooled Fund is as follows:
         
                                 Year Ended December 31, 1998
                     --------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest            $    142,892  $ 4,150,939  $     7,700  $    15,063
Dividends              2,724,804                   417,248      378,191
Net realized and
 unrealized
 gain (loss)         (23,151,293)                1,137,385    3,677,886
                     -----------  -----------  -----------  -----------
Net investment
 gain (loss)        $(20,283,597) $ 4,150,939  $ 1,562,333  $ 4,071,140
                     ===========  ===========  ===========  ===========
        
       
         
                                 Year Ended December 31, 1997
                     ---------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest             $   113,940  $ 3,882,280  $    30,033  $    33,468
Dividends              2,704,175                 1,804,968    2,222,234
Net realized and
 unrealized gain      38,049,952                 1,573,724    3,744,388
                     -----------  -----------  -----------  -----------

Net investment gain  $40,868,067  $ 3,882,280  $ 3,408,725  $ 6,000,090
                     ===========  ===========  ===========  ===========
        


                                                                       9
                                    40
      


The Plan's net investment gain from the Pooled Fund is $35,186 for the
year ended December 31, 1998 and a net investment gain of $228,535 for
the year ended December 31, 1997.

The net investment gain or loss of the Pooled Fund is allocated to each
participating plan based on the percentage of that Plan's units in each
Pooled Fund category.

5. Investment Income

On July 24, 1998, the Plan's investments in the Investment Co. of
America Com and Washington Mutual Investors Fund were removed from the
pooled fund.  Investment income on assets held outside the pooled fund
is as follows:
       
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1998:
  Cooper Tire & Rubber
    Company Common               $(  3,019)         $      193
  Armada Government Portfolio
    Fund                                                        $     45
  Investment Co. of America
    Com                           ( 54,413)             24,568
  Washington Mutual Investors
    Fund                          ( 55,831)             21,521
                                  --------           ---------   -------
Totals                           $(113,263)         $   46,282  $     45
                                  ========           =========   =======
        
       
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1997:
  Cooper Tire & Rubber
    Company Common               $   (367)          $      286
  Armada Government Portfolio
    Fund                                                        $     64
                                  -------            ---------   -------
Totals                           $   (367)          $      286  $     64
                                  =======            =========   =======
        
6. Year 2000 Issue (unaudited)

The Plan Sponsor has determined it will be necessary to take certain
steps in order to ensure the Plan's information systems are prepared to
handle year 2000 issues.  The Plan Sponsor is taking a two-phase
approach.  The first phase addressed internal systems that needed to be
modified or replaced to function properly.  Internal resources were
utilized to modify existing software applications and test the software
and equipment for the year 2000 modifications.  Costs associated with
modifying software and equipment were paid by the Plan Sponsor and were
not material.
(continued)

                                                                      10
                                    41
      
6. Year 2000 Issue (unaudited) (continued)

For the second phase of the project, Plan management established formal
communications with its third party service providers to determine that
they have developed plans to address their own year 2000 problems as
they relate to the Plan's operations.  All third party service providers
have indicated they will be year 2000 compliant by mid-year 1999.  If
modification of data processing systems by the service providers is not
completed timely, the Plan Sponsor believes the year 2000 problem could
have a material impact on the operations of the Plan.  Plan management
has not developed a contingency plan, because they are confident that
all systems will be year 2000 ready.

7. Investments

Individual investments that exceed 5% of plan assets available for
benefits are as follows:

                                                 December 31
                                              1998         1997
                                            --------------------
    American Funds - Investment Co.
      of America Com                        $294,529      $   -
    American Funds - Washington Mutual
      Investors Fund                         270,179          -








































                                                                      11
                                    42
      
























                                   Schedules








































                                                                      12
                                    43
      
       
                        Cooper Tire & Rubber Company
                        Pre-Tax Savings Plan (Auburn)
              Employer Identification #34-4297750; Plan #015

         Line 27a - Schedule of Assets Held for Investment Purposes

                              December 31, 1998
         
                                     Shares      Cost (Plus
                                    Units, or      Accrued     Fair
   Description                      Face Amount    Interest)   Value
   -----------                      -----------  -----------   -----
                                                                 
Mutual funds:
 *Armada Government Portfolio Fund       590      $    590    $    590
 American Funds - Investment Co.
  of America Com                       9,480       285,234     294,529
 American Funds - Washington Mutual
  Investors Fund                       8,210       274,911     270,179
                                                   -------     -------
                                                  $560,735    $565,298
                                                   =======     =======
    
*Party-in-interest
        







































                                                                      13
                                    44
      
       
                        Cooper Tire & Rubber Company
                        Pre-Tax Savings Plan (Auburn)
               Employer Identification #34-4297750; Plan #015

               Line 27d - Schedule of Reportable Transactions

                        Year Ended December 31, 1998
         
                                                    Sales
                                       --------------------------------
                                                  Cost (Plus
                           Cost of                  Accrued      Gain/
Description of Assets     Purchases    Proceeds    Interest)    (Loss)
- ---------------------     ---------    --------   ----------   --------
                                                                  
Armada Government
 Portfolio Fund             $26,991     $26,766      $26,766     $    -
Cooper Tire & Rubber
 Company common stock        26,689           -            -          -



    
Note:  The purchase and selling price for each reportable transaction
represents its fair value at the time of acquisition or disposition.
        






































                                                                      14
                                    45
      
                                                            EXHIBIT (99)
                      Cooper Tire & Rubber Company
                      Pre-Tax Savings Plan (Findlay)

                    Financial Statements and Schedules


                   Years ended December 31, 1998 and 1997





                                Contents

Report of Independent Auditors                                    1

Audited Financial Statements

Statements of Assets Available for Plan Benefits                  2
Statements of Changes in Assets Available for Plan Benefits       3
Notes to Financial Statements                                     4


Schedules

Line 27a - Schedule of Assets Held for Investment Purposes       14
Line 27d - Schedule of Reportable Transactions                   15


A schedule of party-in-interest transactions has not
been presented because there were no party-in-
interest transactions which are prohibited by
ERISA Section 406 and for which there is no
statutory or administrative exemption.



































                                    46
      






                        Report of Independent Auditors

Pre-Tax Savings Plan Committee
Cooper Tire & Rubber Company
 Pre-Tax Savings Plan (Findlay)

We have audited the accompanying statements of assets available for plan
benefits of the Cooper Tire & Rubber Company Pre-Tax Savings Plan
(Findlay) as of December 31, 1998 and 1997, and the related statements
of changes in assets available for plan benefits for the years then
ended. These financial statements are the responsibility of the Plan's
management. Our responsibility is to express an opinion on these
financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present
fairly, in all material respects, the assets available for plan benefits
of the Cooper Tire & Rubber Company Pre-Tax Savings Plan (Findlay) at
December 31, 1998 and 1997, and the changes in its assets available for
plan benefits for the years then ended, in conformity with generally
accepted accounting principles.

Our audits were conducted for the purpose of forming an opinion on the
basic financial statements taken as a whole. The accompanying schedules
of assets held for investment purposes as of December 31, 1998 and
reportable transactions for the year then ended, are presented for
purposes of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the
Department of Labor's Rules and Regulations for Reporting and Disclosure
under the Employee Retirement Income Security Act of 1974.  These
supplemental schedules are the responsibility of the Plan's management.
The supplemental schedules have been subjected to the auditing
procedures applied in our audit of the 1998 basic financial statements
and, in our opinion, are fairly stated in all material respects in
relation to the 1998 basic financial statements taken as a whole.


May 14, 1999
















                                                                       1
                                    47
      
       
                     Cooper Tire & Rubber Company
                    Pre-Tax Savings Plan (Findlay)

            Statements of Assets Available for Plan Benefits
         
                                                     December 31
                                                   1998         1997
                                               -----------  -----------
                                                               
Assets
Investments:
   Value of interest in Pooled Fund (Note 4)   $ 7,655,477  $10,700,422
   Cooper Tire & Rubber Company Common Stock             -      164,873
   Mutual funds                                  5,885,300        1,633
                                                ----------   ----------
                                                13,540,777   10,866,928

Cash                                                15,207      314,183
Employer contribution receivable                   661,748      145,345
Employee contribution receivable                    37,602            -
                                                ----------   ----------
Assets available for plan benefits             $14,255,334  $11,326,456
                                                ==========   ==========


    
See accompanying notes.
        








































                                                                       2
                                    48
      
       
                      Cooper Tire & Rubber Company
                      Pre-Tax Savings Plan (Findlay)

          Statements of Changes in Assets Available for Plan Benefits
         
                                                Year ended December 31
                                                   1998         1997
                                               -----------   ----------
                                                               
Additions:
  Cash contributions:
   Participants                                $ 2,754,961  $ 2,407,236
   Employer                                        661,604      297,746
                                                 ---------   ----------
                                                 3,416,565    2,704,982
  Investment income (loss):
   Net gain (loss) from Pooled Fund (Note 4)    (1,280,015)   1,859,458
   Net depreciation in fair value of Cooper
    Tire & Rubber Company Common Stock                   -       (2,389)
   Net appreciation in fair value of common
    stock and mutual funds                         817,373            -
   Dividends                                       480,752        1,416
   Interest                                            269          317
                                                ----------   ----------
                                                    18,379    1,858,802
                                                ----------   ----------
Total additions                                  3,434,944    4,563,784

Participants' withdrawals                         (506,066)    (476,935)
                                                ----------   ----------
Increase in assets available for plan
 benefits during the year                        2,928,878    4,086,849

Assets available for plan benefits at
 beginning of year                              11,326,456    7,239,607
                                                ----------   ----------
Assets available for plan benefits at
 end of year                                   $14,255,334  $11,326,456
                                                ==========   ==========

    
See accompanying notes.
        

























                                                                       3
                                    49
      
                      Cooper Tire & Rubber Company
                      Pre-Tax Savings Plan (Findlay)

                      Notes to Financial Statements

                        December 31, 1998 and 1997

1. Summary of Plan

The Cooper Tire & Rubber Company Pre-Tax Savings Plan (Findlay) (Plan),
as amended and restated, is a defined contribution plan administered by
a Plan Committee appointed by the plan sponsor, Cooper Tire & Rubber
Company (the Company).  Participation in the Plan is voluntary and any
employee of the Company eligible for membership in Local Union #207,
United Steelworkers of America AFL-CIO/CLC (Union) is eligible to
participate in the Plan if he or she has completed thirty days of
continuous credited service. At December 31, 1998, 707 participants had
designated investment of contributions in one or more investment options
of the Plan, which are as follows:

  1)  Cooper Tire & Rubber Company common stock.

  2)  Mutual funds managed by the American Funds Group, a subsidiary
      of Capital Group Incorporated:

      a)  The Investment Company of America Fund - managed to provide
          long-term growth of capital and income, placing greater
          emphasis on future dividends than on current income.

      b)  The Washington Mutual Investors Fund - managed to provide
          current income and opportunity for capital growth through the
          selection of common stocks.

  3)  Cash with interest - contributions are placed in investment
      contracts with a diversified group of insurance companies, banks,
      and other financial institutions.  This option may also include
      synthetic investment contracts backed by high quality fixed income
      assets.  All contracts have specific individual terms including
      interest rate and maturity date.  Interest rates on contracts
      generally reset on a monthly or quarterly basis.

The Plan provides that Pre-Tax Savings Plan (PSP) contributions may be
made in one percent multiples of a participant's compensation up to
fifteen percent, subject to Internal Revenue Code (IRC) limits on annual
contributions to the Plan. The amount of contribution may be changed
every thirty days.

The Plan provides that the Company will contribute to the Plan each year
from current or accumulated earnings an amount equal to the lesser of:

(a) 50% (25% in 1997) of PSP contributions which represent up to four
       percent of each participant's compensation, less any forfeitures,
       or

  (b)  an amount equal to fifteen percent of the Company's current year
       pre-tax earnings, exclusive of any deductions for contributions
       to the Plan, in excess of ten percent of the stockholders' equity
       of the Company at the beginning of the year.

The Company's Board of Directors, at its discretion, may waive the
limitation in (b) and contribute from current or accumulated earnings an
amount not to exceed the limitation in (a).  Administrative expenses of
the Plan are paid by the Company.

Investment options for future contributions may be changed daily.
Reallocation of balances may be made among the investment options daily.
Directions given by participants to the Plan trustee concerning the
voting of common stock are confidential.
(continued)
                                                                       4
                                    50
      
1. Summary of Plan (continued)

No amounts may be withdrawn by a participant from PSP contributions
prior to termination of employment unless the participant has either
attained age 59 1/2, becomes totally and permanently disabled, or is
able to demonstrate financial hardship. Hardship withdrawals by
participants not yet attaining 59 1/2 years of age are limited to PSP
contributions and are subject to the Internal Revenue Code (IRC) and
regulations thereunder. Participants are fully vested in their
contributions and earnings thereon.

The Plan shall continue until October 31, 2000. Thereafter it shall
renew itself for yearly periods unless written notice is given by the
Company or the Union that it is desired to terminate or amend the Plan.
The Company has reserved the right to amend the Plan at any time if such
amendment is necessary to enable the Plan to meet the requirements of
the IRC or the requirements of any governmental authority. If the Plan
terminates, and a successor plan is not adopted, all assets will be
distributed to participants in a lump sum.

No material amounts of withdrawals by participants, initiated on or
before December 31, 1998 or 1997, were pending.

2. Significant Accounting Policies

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect reported amounts of (1) additions and deductions
during the reporting period, and (2) assets and liabilities, as well as
disclosure of contingent assets and liabilities, at the date of the
financial statements.  Actual results could differ from those estimates.

Investments

The Plan's investments are held by National City Bank as trustee under
an agreement which directs the trustee to invest participants'
contributions based on their investment elections.  PSP contributions
and income not yet invested in the options selected by the participant
due to the "transaction period" as defined by the Plan, are invested in
cash with interest investments.

Investments in common stock of the Company are stated at quoted market
values as determined on the last business day of the Plan year. Mutual
fund investments are stated at fair value as determined by the net asset
value thereof on the last business day of the Plan year.

Certain investments of the Plan are combined with similar assets of the
other defined contribution plans sponsored by the Company. The combined
investments (Pooled Fund) are held by National City Bank as trustee and
are valued at their fair value as determined by the trustee, except for
fully benefit responsive investment contracts which are valued at
contract value. At December 31, 1998 and 1997, the contract value of
these contracts approximates fair value.

Contributions

Contributions are recorded when the Company makes payroll deductions for
Plan participants, and are invested in any of four investment options at
the participant's election.

Contributions from the Company are accrued in the period in which they
become obligations of the Company and may be in the form of cash,
treasury stock or authorized but unissued common stock of the Company.
Company contributions are invested in common stock of the Company until
the contributions become vested after which they are invested as
directed by the participant. The Company contribution to a participant's
account becomes vested after five years of continuous credited service;
thereafter, Company contributions become vested when made.

                                                                       5
                                    51
      
2. Significant Accounting Policies (continued)

Forfeitures

Forfeitures occur when an employee elects a withdrawal from current year
or unvested contributions or is terminated, voluntarily or
involuntarily, before being fully vested.  Forfeitures are used to
reduce the Company obligation.

3. Income Tax Status

The Internal Revenue Service ruled September 9, 1996 that the Plan
qualifies under Section 401(a) of the IRC and, therefore, the related
trust is not subject to tax under present income tax law.  Once
qualified, the Plan is required to operate in conformity with the IRC to
maintain its qualification.  The Plan Committee believes the Plan is
being operated in compliance with the applicable requirements of the IRC
and, therefore, believes that the Plan is qualified and the related
trust is tax exempt.

4. Value of Interest in Pooled Fund
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                                 December 31, 1998
                                           -----------------------------
                                             Cooper Tire
                                              & Rubber
                                              Company        Cash with
                                              Common         Interest
                                            Stock Fund         Fund
                                           ------------    ------------
                                                              
Armada Government Portfolio Fund           $  1,681,519    $  3,928,115
Cooper Tire & Rubber Company
 Common Stock                               154,085,556
*Allstate Life Insurance Company -
  6.01% contract 77020; matures
  August 16, 2004                                            12,866,709
*Monumental Life Insurance Company -
  6.08% contract BDA-00217TR; matures
  August 25,2004                                             11,842,635
*State Street Bank & Trust - 5.35%
  contract 98145; matures
  September 15, 2003                                          6,974,051
**Casisse Des Depots - 6.15% contract
  223-01; matures September 25, 2000                          2,390,045
 John Hancock Mutual Life Insurance
  Company - 5.62% contract 8736;
  matures May 1, 2007                                         7,651,704
 New York Life Insurance Company -
  7.65% contract 30200-001; matures
  September 20, 2000                                          5,359,713
*Continental Assurance Company -
  6.31% contract 63-05835; matures
  February 17, 2003                                           4,005,674
 Allstate Life Insurance Company -
  5.95% contract 31040; matures
  July 1, 2001                                                3,497,499
 Allmerica Financial Life - 6.30%
  contract 99212W; matures
  November 15, 2004                                           3,474,907
**Casisse Des Depots - 5.86% contract
  223-03; matures December 16, 2002                           2,995,078
 United of Omaha Life Insurance -
  5.75% contract SDGA-11195; matures
  August 2, 2000                                              1,995,756
(continued)
                                                                       6
                                    52
      
 Monumental Life Insurance Company -
  3.66% contract ADA00561FR; matures
  April 15, 1999                                              1,315,889
 New York Life Insurance Company -
  7.65% contract 30200-002; matures
  April 19, 1999                                              1,169,061
 Monumental Life Insurance Company -
  5.80% contract BDA-00217TR-10;
  matures December 31, 1999                                      59,733
                                           ------------    ------------
                                           $155,767,075    $ 69,526,569
                                           ============    ============
    
*  Synthetic contract
** Non-participating synthetic contract
        
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                      December 31, 1997
                       -------------------------------------------------
                        Cooper Tire                  The        The
                         & Rubber       Cash      Investment Washington
                         Company        with      Company of   Mutual
                         Common       Interest     America    Investors
                        Stock Fund      Fund        Fund        Fund
                       ------------ ----------- ----------- -----------
                                                               
Armada Government
 Portfolio Fund        $  1,214,344 $(1,863,178)$(1,153,143)$ 1,315,449
Cooper Tire & Rubber
 Company Common Stock   185,112,135
Mutual funds:
 The Investment Company
  of America Fund                                18,542,498
 The Washington Mutual
  Investors Fund                                             28,034,543
Cash with Interest Fund:
*Allstate Life Insurance
  Company - 6.23% contract;
  matures August 16, 2004             8,589,106
 New York Life Insurance
  Company - 7.65% contract;
  matures September 20, 2000          7,513,568
*John Hancock Mutual Life
  Insurance Company - 6.42%
  contract; matures May 1,
  2007                                7,197,589
 Provident Life and Accident
  Insurance Company 5.75% -
  contract; matures
  January 30, 1998                    6,593,931
*Continental Assurance Company -
  6.06% contract; matures
  January 1, 1998                     3,862,569
*Allstate Life Insurance
  Company - 5.95% contract;
  matures February 18, 2002           3,303,020
*Allmerica Financial Life
  Insurance Company - 6.81%
  contract; matures
  November 15, 2004                   3,259,691
*Peoples Security Life -
  6.89% contract; matures
  June 25, 2004                       3,026,927
*Caisse Des Depots (CDC) BRIC -
  6.15% contract; matures
  September 25, 2000                  2,987,570
(continued)
                                                                       7
                                    53
*Peoples Security Life -
  6.08% contract; matures
  April 15, 1999                      1,997,156
 United of Omaha Life
  Insurance - 6.41% contract;
  matures August 2, 2000              1,995,770
*Peoples Security Life -
  6.60% contract; matures
  August 25, 2004                     1,979,747
*Peoples Security Life -
  6.78% contract; matures
  March 15, 2002                      1,952,166
*Peoples Security Life -
  5.29% contract; matures
  December 17, 2001                   1,721,801
*Caisse Des Depots (CDC) BRIC -
  5.80% contract; matures
  December 16, 2002                   1,550,256
*Peoples Security Life -
  6.17% contract; matures
  July 16, 2001                       1,487,592
*Caisse Des Depots (CDC) BRIC -
  5.86% contract; matures
  May 31, 2000                        1,445,881
*Peoples Security Life -
  6.94% contract; matures
  January 26, 2004                    1,299,224
 Commonwealth Life Insurance
  Company - 3.66% contract;
  matures April 15, 1999              1,269,427
 New York Life Insurance
  Company - 7.65% contract;
  matures April 19, 1999              1,085,983
*Peoples Security Life -
  5.40% contract; matures
  January 18, 2000                      859,422
*Peoples Security Life -
  5.80% contract; matures
  December 31, 1999                     654,404
*Peoples Security Life -
  5.24% contract; matures
  April 15, 1998                        589,726
                       ------------ ----------- ----------- -----------
Total assets           $186,326,479 $64,359,348 $17,389,355 $29,349,992
                       ============ =========== =========== ===========
    
*Synthetic contract
        
The average yield of the Cash with Interest Fund for the years ended
December 31, 1998 and 1997 was 6.1% and 6.7% respectively.

The value of the Plan's interest in the Pooled Fund is $7,655,477 at
December 31, 1998 and $10,700,422 at December 31, 1997.

The Plan's interest in the Pooled Fund's assets at December 31 is as
follows:
                                                   1998      1997
                                                   ----      ----
Cooper Tire & Rubber Company Common Stock Fund     3.9%      3.2%
Cash with Interest Fund                            2.2%      1.8%
The Investment Company of America Fund               -      10.0%
The Washington Mutual Investors Fund                 -       6.1%






                                                                       8
                                    54
      
       
The net investment gain (loss) of the Cooper Tire & Rubber Company
Pooled Fund is as follows:
         
                                 Year Ended December 31, 1998
                     --------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest            $    142,892  $ 4,150,939  $     7,700  $    15,063
Dividends              2,724,804                   417,248      378,191
Net realized and
 unrealized
 gain (loss)         (23,151,293)                1,137,385    3,677,886
                     -----------  -----------  -----------  -----------
Net investment
 gain (loss)        $(20,283,597) $ 4,150,939  $ 1,562,333  $ 4,071,140
                     ===========  ===========  ===========  ===========
        
       
         
                                 Year Ended December 31, 1997
                     ---------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest             $   113,940  $ 3,882,280  $    30,033  $    33,468
Dividends              2,704,175                 1,804,968    2,222,234
Net realized and
 unrealized gain      38,049,952                 1,573,724    3,744,388
                     -----------  -----------  -----------  -----------

Net investment gain  $40,868,067  $ 3,882,280  $ 3,408,725  $ 6,000,090
                     ===========  ===========  ===========  ===========
        
The Plan's net investment loss from the Pooled Fund is $1,280,015 for
the year ended December 31, 1998 and a net investment gain of $1,859,458
for the year ended December 31, 1997.

The net investment gain or loss of the Pooled Fund is allocated to each
participating plan based on the percentage of that Plan's units in each
Pooled Fund category.



















                                                                       9
                                    55
      
5. Investment Income
       
On July 24, 1998, the Plan's investments in the Investment Co. of
America Com and Washington Mutual Investors Fund were removed from the
pooled fund.  Investment income on assets held outside the pooled fund
is as follows:
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1998:
  Cooper Tire & Rubber
    Company Common               $  36,031          $    1,038
  Armada Government Portfolio
    Fund                                                        $    269
  Investment Co. of America
    Com                            360,185             241,313
  Washington Mutual Investors
    Fund                           421,157             238,401
                                  --------           ---------   -------
Totals                           $ 817,373          $  480,752  $    269
                                  ========           =========   =======
        
       
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1997:
  Cooper Tire & Rubber
    Company Common               $ (2,389)          $    1,416
  Armada Government Portfolio
    Fund                                                        $    317
                                  -------            ---------   -------
Totals                           $ (2,389)          $    1,416  $    317
                                  =======            =========   =======
        
6. Year 2000 Issue (unaudited)

The Plan Sponsor has determined it will be necessary to take certain
steps in order to ensure the Plan's information systems are prepared to
handle year 2000 issues.  The Plan Sponsor is taking a two-phase
approach.  The first phase addressed internal systems that needed to be
modified or replaced to function properly.  Internal resources were
utilized to modify existing software applications and test the software
and equipment for the year 2000 modifications.  Costs associated with
modifying software and equipment were paid by the Plan Sponsor and were
not material.

For the second phase of the project, Plan management established formal
communications with its third party service providers to determine that
they have developed plans to address their own year 2000 problems as
they relate to the Plan's operations.  All third party service providers
have indicated they will be year 2000 compliant by mid-year 1999.  If
modification of data processing systems by the service providers is not
completed timely, the Plan Sponsor believes the year 2000 problem could
have a material impact on the operations of the Plan.  Plan management
has not developed a contingency plan, because they are confident that
all systems will be year 2000 ready.




                                                                      10
                                    56
      
7. Investments

Individual investments that exceed 5% of plan assets available for
benefits are as follows:

                                                 December 31
   1998         1997
                                            --------------------
    American Funds - Investment Co.
      of America Com                        $2,892,567     $   -
    American Funds - Washington Mutual
      Investors Fund                         2,987,699         -

























































                                                                      11
                                    57
      
























                                   Schedules












































                                                                      12
                                    58
      
       
                     Cooper Tire & Rubber Company
                    Pre-Tax Savings Plan (Findlay)
              Employer Identification #34-4297750; Plan #014

         Line 27a - Schedule of Assets Held for Investment Purposes

                           December 31, 1998
         
                                     Shares      Cost (Plus
                                    Units, or      Accrued     Fair
   Description                      Face Amount    Interest)   Value
   -----------                      -----------  -----------   -----
                                                                
Mutual funds:
 *Armada Government Money Market       1,189     $    1,189  $    1,189
 *Armada Government Portfolio Fund     3,845          3,845       3,845
 American Funds - Investment Co.
  of America Com                      93,098      2,804,673   2,892,567
 American Funds - Washington Mutual
  Investors Fund                      90,784      3,043,347   2,987,699
                                                  ---------   ---------
                                                 $5,853,054  $5,885,300
                                                  =========   =========


    
*Party-in-interest
        








































                                                                      13
                                    59
      
       
                     Cooper Tire & Rubber Company
                     Pre-Tax Savings Plan (Findlay)
              Employer Identification #34-4297750; Plan #014

              Line 27d - Schedule of Reportable Transactions

                      Year Ended December 31, 1998
         
                                                      Sales
                                       --------------------------------
                                                  Cost (Plus
                           Cost of                  Accrued      Gain/
Description of Assets     Purchases    Proceeds    Interest)    (Loss)
- ---------------------     ---------    --------   ----------   --------
                                                                   
Armada Government
 Portfolio Fund           $147,805     $146,398    $146,398     $    -
Cooper Tire & Rubber
 Company common stock      146,300            -           -          -



    
Note:  The purchase and selling price for each reportable transaction
represents its fair value at the time of acquisition or disposition.
        










































                                                                      14
                                    60
      

                                                            EXHIBIT (99)
                     Cooper Tire & Rubber Company
                   Pre-Tax Savings Plan (El Dorado)

                  Financial Statements and Schedules


                 Years ended December 31, 1998 and 1997





                                Contents

Report of Independent Auditors                                    1

Audited Financial Statements

Statements of Assets Available for Plan Benefits                  2
Statements of Changes in Assets Available for Plan Benefits       3
Notes to Financial Statements                                     4


Schedules

Line 27a - Schedule of Assets Held for Investment Purposes       14
Line 27d - Schedule of Reportable Transactions                   15


A schedule of party-in-interest transactions has not
been presented because there were no party-in-
interest transactions which are prohibited by
ERISA Section 406 and for which there is no
statutory or administrative exemption.


































                                    61
      





                         Report of Independent Auditors

Pre-Tax Savings Plan Committee
Cooper Tire & Rubber Company
 Pre-Tax Savings Plan (El Dorado)

We have audited the accompanying statements of assets available for plan
benefits of the Cooper Tire & Rubber Company Pre-Tax Savings Plan (El
Dorado) as of December 31, 1998 and 1997, and the related statements of
changes in assets available for plan benefits for the years then ended.
These financial statements are the responsibility of the Plan's
management. Our responsibility is to express an opinion on these
financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present
fairly, in all material respects, the assets available for plan benefits
of the Cooper Tire & Rubber Company Pre-Tax Savings Plan (El Dorado) at
December 31, 1998 and 1997, and the changes in its assets available for
plan benefits for the years then ended, in conformity with generally
accepted accounting principles.

Our audits were conducted for the purpose of forming an opinion on the
basic financial statements taken as a whole. The accompanying schedules
of assets held for investment purposes as of December 31, 1998 and
reportable transactions for the year then ended, are presented for
purposes of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the
Department of Labor's Rules and Regulations for Reporting and Disclosure
under the Employee Retirement Income Security Act of 1974.  These
supplemental schedules are the responsibility of the Plan's management.
The supplemental schedules have been subjected to the auditing
procedures applied in our audit of the 1998 basic financial statements
and, in our opinion, are fairly stated in all material respects in
relation to the 1998 basic financial statements taken as a whole.


May 14, 1999

















                                                                       1
                                    62
      
       
                     Cooper Tire & Rubber Company
                    Pre-Tax Savings Plan (El Dorado)

              Statements of Assets Available for Plan Benefits
         
                                                     December 31
                                                   1998         1997
                                                ----------   ----------
                                                                
Assets
Investments:
   Value of interest in Pooled Fund (Note 4)    $  509,892   $  535,669
   Cooper Tire & Rubber Company Common Stock             -       13,504
   Mutual funds                                    108,135          195
                                                 ---------    ---------
                                                   618,027      549,368

Cash                                                 1,911        7,769
Employer contribution receivable                    23,424        8,196
Employee contribution receivable                     2,822            -
                                                 ---------    ---------
Assets available for plan benefits              $  646,184   $  565,333
                                                 =========    =========


    
See accompanying notes.
        








































                                                                       2
                                    63
      
       
                       Cooper Tire & Rubber Company
                      Pre-Tax Savings Plan (El Dorado)

           Statements of Changes in Assets Available for Plan Benefits
         
                                                 Year Ended December 31
                                                   1998         1997
                                                ----------   ----------
                                                                
Additions:
  Cash contributions:
   Participants                                 $  183,459   $  148,260
   Employer                                         23,574       20,715
                                                 ---------    ---------
                                                   207,033      168,975
  Investment income (loss):
   Net gain (loss) from Pooled Fund (Note 4)       (48,189)      83,578
   Net depreciation in fair value of Cooper
    Tire & Rubber Company Common Stock                   -         (246)
   Net appreciation in fair value of
    common stock and mutual funds                   17,463            -
   Dividends                                         8,817          129
   Interest                                             24           28
                                                 ---------    ---------
                                                   (21,885)      83,489
                                                 ---------    ---------
Total additions                                    185,148      252,464

Participants' withdrawals                         (104,297)    (110,516)
                                                 ---------    ---------
Increase in assets available for plan
 benefits during the year                           80,851      141,948

Assets available for plan benefits at
 beginning of year                                 565,333      423,385
                                                 ---------    ---------
Assets available for plan benefits at
 end of year                                    $  646,184   $  565,333
                                                 =========    =========

    
See accompanying notes.
        

























                                                                       3
                                    64
      
                        Cooper Tire & Rubber Company
                      Pre-Tax Savings Plan (El Dorado)

                       Notes to Financial Statements

                        December 31, 1998 and 1997

1. Summary of Plan

The Cooper Tire & Rubber Company Pre-Tax Savings Plan (El Dorado)
(Plan), as amended and restated, is a defined contribution plan
administered by a Plan Committee appointed by the plan sponsor, Cooper
Tire & Rubber Company (the Company).  Participation in the Plan is
voluntary and any employee of the Company eligible for membership in
Local Union #634, United Steelworkers of America AFL-CIO/CLC (Union) is
eligible to participate in the Plan if he or she has completed thirty
days of continuous credited service. At December 31, 1998, 144
participants had designated investment of contributions in one or more
investment options of the Plan, which are as follows:

  1)  Cooper Tire & Rubber Company common stock.

  2)  Mutual funds managed by the American Funds Group, a subsidiary
      of Capital Group Incorporated:

      a)  The Investment Company of America Fund - managed to provide
          long-term growth of capital and income, placing greater
          emphasis on future dividends than on current income.

      b)  The Washington Mutual Investors Fund - managed to provide
          current income and opportunity for capital growth through the
          selection of common stocks.

  3)  Cash with interest - contributions are placed in investment
      contracts with a diversified group of insurance companies, banks,
      and other financial institutions.  This option may also include
      synthetic investment contracts backed by high quality fixed income
      assets.  All contracts have specific individual terms including
      interest rate and maturity date.  Interest rates on contracts
      generally reset on a monthly or quarterly basis.

The Plan provides that Pre-Tax Savings Plan (PSP) contributions may be
made in one percent multiples of a participant's compensation up to
fifteen percent, subject to Internal Revenue Code (IRC) limits on annual
contributions to the Plan. The amount of contribution may be changed
every thirty days.

The Plan provides that the Company will contribute to the Plan each year
from current or accumulated earnings an amount equal to the lesser of:

  (a)  25% of PSP contributions which represent up to four percent of
       each participant's compensation, less any forfeitures, or

  (b)  an amount equal to fifteen percent of the Company's current year
       pre-tax earnings, exclusive of any deductions for contributions
       to the Plan, in excess of ten percent of the stockholders' equity
       of the Company at the beginning of the year.

The Company's Board of Directors, at its discretion, may waive the
limitation in (b) and contribute from current or accumulated earnings an
amount not to exceed the limitation in (a).  Administrative expenses of
the Plan are paid by the Company.

Investment options for future contributions may be changed daily.
Reallocation of balances may be made among the investment options daily.
Directions given by participants to the Plan trustee concerning the
voting of common stock are confidential.
(continued)
                                                                       4
                                    65
      

1. Summary of Plan (continued)

No amounts may be withdrawn by a participant from PSP contributions
prior to termination of employment unless the participant has either
attained age 59 1/2, becomes totally and permanently disabled, or is
able to demonstrate financial hardship. Hardship withdrawals by
participants not yet attaining 59 1/2 years of age are limited to PSP
contributions and are subject to the Internal Revenue Code (IRC) and
regulations thereunder. Participants are fully vested in their
contributions and earnings thereon.

The Plan shall continue until April 27, 2000. Thereafter it shall renew
itself for yearly periods unless written notice is given by the Company
or the Union that it is desired to terminate or amend the Plan. The
Company has reserved the right to amend the Plan at any time if such
amendment is necessary to enable the Plan to meet the requirements of
the IRC or the requirements of any governmental authority. If the Plan
terminates, and a successor plan is not adopted, all assets will be
distributed to participants in a lump sum.

No material amounts of withdrawals by participants, initiated on or
before December 31, 1998 or 1997, were pending.

2. Significant Accounting Policies

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect reported amounts of (1) additions and deductions
during the reporting period, and (2) assets and liabilities, as well as
disclosure of contingent assets and liabilities, at the date of the
financial statements.  Actual results could differ from those estimates.

Investments

The Plan's investments are held by National City Bank as trustee under
an agreement which directs the trustee to invest participants'
contributions based on their investment elections.  PSP contributions
and income not yet invested in the options selected by the participant
due to the "transaction period" as defined by the Plan, are invested in
cash with interest investments.

Investments in common stock of the Company are stated at quoted market
values as determined on the last business day of the Plan year. Mutual
fund investments are stated at fair value as determined by the net asset
value thereof on the last business day of the Plan year.

Certain investments of the Plan are combined with similar assets of the
other defined contribution plans sponsored by the Company. The combined
investments (Pooled Fund) are held by National City Bank as trustee and
are valued at their fair value as determined by the trustee, except for
fully benefit responsive investment contracts which are valued at
contract value. At December 31, 1998 and 1997, the contract value of
these contracts approximates fair value.

Contributions

Contributions are recorded when the Company makes payroll deductions for
Plan participants, and are invested in any of four investment options at
the participant's election.

Contributions from the Company are accrued in the period in which they
become obligations of the Company and may be in the form of cash,
treasury stock or authorized but unissued common stock of the Company.
Company contributions are invested in common stock of the Company until
the contributions become vested after which they are invested as
directed by the participant. The Company contribution to a participant's
account becomes vested after five years of continuous credited service;
thereafter, Company contributions become vested when made.

                                                                       5
                                    66
      
2. Significant Accounting Policies (continued)

Forfeitures

Forfeitures occur when an employee elects a withdrawal from current year
or unvested contributions or is terminated, voluntarily or
involuntarily, before being fully vested.  Forfeitures are used to
reduce the Company obligation.

3. Income Tax Status

The Internal Revenue Service ruled September 9, 1996 that the Plan
qualifies under Section 401(a) of the IRC and, therefore, the related
trust is not subject to tax under present income tax law.  Once
qualified, the Plan is required to operate in conformity with the IRC to
maintain its qualification.  The Plan Committee believes the Plan is
being operated in compliance with the applicable requirements of the IRC
and, therefore, believes that the Plan is qualified and the related
trust is tax exempt.

4. Value of Interest in Pooled Fund
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                                 December 31, 1998
                                           -----------------------------
                                             Cooper Tire
                                              & Rubber
                                              Company        Cash with
                                              Common         Interest
                                            Stock Fund         Fund
                                           ------------    ------------
                                                              
Armada Government Portfolio Fund           $  1,681,519    $  3,928,115
Cooper Tire & Rubber Company
 Common Stock                               154,085,556
*Allstate Life Insurance Company -
  6.01% contract 77020; matures
  August 16, 2004                                            12,866,709
*Monumental Life Insurance Company -
  6.08% contract BDA-00217TR; matures
  August 25,2004                                             11,842,635
*State Street Bank & Trust - 5.35%
  contract 98145; matures
  September 15, 2003                                          6,974,051
**Casisse Des Depots - 6.15% contract
  223-01; matures September 25, 2000                          2,390,045
 John Hancock Mutual Life Insurance
  Company - 5.62% contract 8736;
  matures May 1, 2007                                         7,651,704
 New York Life Insurance Company -
  7.65% contract 30200-001; matures
  September 20, 2000                                          5,359,713
*Continental Assurance Company -
  6.31% contract 63-05835; matures
  February 17, 2003                                           4,005,674
 Allstate Life Insurance Company -
  5.95% contract 31040; matures
  July 1, 2001                                                3,497,499
 Allmerica Financial Life - 6.30%
  contract 99212W; matures
  November 15, 2004                                           3,474,907
**Casisse Des Depots - 5.86% contract
  223-03; matures December 16, 2002                           2,995,078
 United of Omaha Life Insurance -
  5.75% contract SDGA-11195; matures
  August 2, 2000                                              1,995,756
(continued)
                                                                       6
                                    67
      
 Monumental Life Insurance Company -
  3.66% contract ADA00561FR; matures
  April 15, 1999                                              1,315,889
 New York Life Insurance Company -
  7.65% contract 30200-002; matures
  April 19, 1999                                              1,169,061
 Monumental Life Insurance Company -
  5.80% contract BDA-00217TR-10;
  matures December 31, 1999                                      59,733
                                           ------------    ------------
                                           $155,767,075    $ 69,526,569
                                           ============    ============
    
*  Synthetic contract
** Non-participating synthetic contract
        
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                      December 31, 1997
                       -------------------------------------------------
                        Cooper Tire                  The        The
                         & Rubber       Cash      Investment Washington
                         Company        with      Company of   Mutual
                         Common       Interest     America    Investors
                        Stock Fund      Fund        Fund        Fund
                       ------------ ----------- ----------- -----------
                                                               
Armada Government
 Portfolio Fund        $  1,214,344 $(1,863,178)$(1,153,143)$ 1,315,449
Cooper Tire & Rubber
 Company Common Stock   185,112,135
Mutual funds:
 The Investment Company
  of America Fund                                18,542,498
 The Washington Mutual
  Investors Fund                                             28,034,543
Cash with Interest Fund:
*Allstate Life Insurance
  Company - 6.23% contract;
  matures August 16, 2004             8,589,106
 New York Life Insurance
  Company - 7.65% contract;
  matures September 20, 2000          7,513,568
*John Hancock Mutual Life
  Insurance Company - 6.42%
  contract; matures May 1,
  2007                                7,197,589
 Provident Life and Accident
  Insurance Company 5.75% -
  contract; matures
  January 30, 1998                    6,593,931
*Continental Assurance Company -
  6.06% contract; matures
  January 1, 1998                     3,862,569
*Allstate Life Insurance
  Company - 5.95% contract;
  matures February 18, 2002           3,303,020
*Allmerica Financial Life
  Insurance Company - 6.81%
  contract; matures
  November 15, 2004                   3,259,691
Peoples Security Life -
  6.89% contract; matures
  June 25, 2004                       3,026,927
*Caisse Des Depots (CDC) BRIC -
  6.15% contract; matures
  September 25, 2000                  2,987,570
(continued)
                                                                       7
                                    68
*Peoples Security Life -
  6.08% contract; matures
  April 15, 1999                      1,997,156
 United of Omaha Life
  Insurance - 6.41% contract;
  matures August 2, 2000              1,995,770
*Peoples Security Life -
  6.60% contract; matures
  August 25, 2004                     1,979,747
*Peoples Security Life -
  6.78% contract; matures
  March 15, 2002                      1,952,166
*Peoples Security Life -
  5.29% contract; matures
  December 17, 2001                   1,721,801
*Caisse Des Depots (CDC) BRIC -
  5.80% contract; matures
  December 16, 2002                   1,550,256
*Peoples Security Life -
  6.17% contract; matures
  July 16, 2001                       1,487,592
*Caisse Des Depots (CDC) BRIC -
  5.86% contract; matures
  May 31, 2000                        1,445,881
*Peoples Security Life -
  6.94% contract; matures
  January 26, 2004                    1,299,224
 Commonwealth Life Insurance
  Company - 3.66% contract;
  matures April 15, 1999              1,269,427
 New York Life Insurance
  Company - 7.65% contract;
  matures April 19, 1999              1,085,983
*Peoples Security Life -
  5.40% contract; matures
  January 18, 2000                      859,422
*Peoples Security Life -
  5.80% contract; matures
  December 31, 1999                     654,404
*Peoples Security Life -
  5.24% contract; matures
  April 15, 1998                        589,726
                       ------------ ----------- ----------- -----------
Total assets           $186,326,479 $64,359,348 $17,389,355 $29,349,992
                       ============ =========== =========== ===========
    
*Synthetic contract
        
The average yield of the Cash with Interest Fund for the years ended
December 31, 1998 and 1997 was 6.1% and 6.7% respectively.

The value of the Plan's interest in the Pooled Fund is $509,892 at
December 31, 1998 and $535,669 at December 31, 1997.

The Plan's interest in the Pooled Fund's assets at December 31 is as
follows:
                                                   1998      1997
                                                   ----      ----
Cooper Tire & Rubber Company Common Stock Fund     0.2%      0.2%
Cash with Interest Fund                            0.3%      0.3%
The Investment Company of America Fund               -       0.1%
The Washington Mutual Investors Fund                 -       0.1%






                                                                       8
                                    69
      
       
The net investment gain (loss) of the Cooper Tire & Rubber Company
Pooled Fund is as follows:
         
                                 Year Ended December 31, 1998
                     --------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest            $    142,892  $ 4,150,939  $     7,700  $    15,063
Dividends              2,724,804                   417,248      378,191
Net realized and
 unrealized
 gain (loss)         (23,151,293)                1,137,385    3,677,886
                     -----------  -----------  -----------  -----------
Net investment
 gain (loss)        $(20,283,597) $ 4,150,939  $ 1,562,333  $ 4,071,140
                     ===========  ===========  ===========  ===========
        
       
         
                                 Year Ended December 31, 1997
                     ---------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest             $   113,940  $ 3,882,280  $    30,033  $    33,468
Dividends              2,704,175                 1,804,968    2,222,234
Net realized and
 unrealized gain      38,049,952                 1,573,724    3,744,388
                     -----------  -----------  -----------  -----------

Net investment gain  $40,868,067  $ 3,882,280  $ 3,408,725  $ 6,000,090
                     ===========  ===========  ===========  ===========
        
The Plan's net investment loss from the Pooled Fund is $48,189 for the
year ended December 31, 1998 and a net investment gain of $83,578 for
the year ended December 31, 1997.

The net investment gain or loss of the Pooled Fund is allocated to each
participating plan based on the percentage of that Plan's units in each
Pooled Fund category.



















                                                                       9
                                    70
      
5. Investment Income
       
On July 24, 1998, the Plan's investments in the Investment Co. of
America Com and Washington Mutual Investors Fund were removed from the
pooled fund.  Investment income on assets held outside the pooled fund
is as follows:
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1998:
  Cooper Tire & Rubber
    Company Common               $   1,045          $       86
  Armada Government Portfolio
    Fund                                                        $     24
  Investment Co. of America
    Com                              4,766               3,629
  Washington Mutual Investors
    Fund                            11,652               5,102
                                  --------           ---------   -------
Totals                           $  17,463          $    8,817  $     24
                                  ========           =========   =======
        
       
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1997:
  Cooper Tire & Rubber
    Company Common               $   (246)          $      129
  Armada Government Portfolio
    Fund                                                        $     28
                                  -------            ---------   -------
Totals                           $   (246)          $      129  $     28
                                  =======            =========   =======
        
6. Year 2000 Issue (unaudited)

The Plan Sponsor has determined it will be necessary to take certain
steps in order to ensure the Plan's information systems are prepared to
handle year 2000 issues.  The Plan Sponsor is taking a two-phase
approach.  The first phase addressed internal systems that needed to be
modified or replaced to function properly.  Internal resources were
utilized to modify existing software applications and test the software
and equipment for the year 2000 modifications.  Costs associated with
modifying software and equipment were paid by the Plan Sponsor and were
not material.

For the second phase of the project, Plan management established formal
communications with its third party service providers to determine that
they have developed plans to address their own year 2000 problems as
they relate to the Plan's operations.  All third party service providers
have indicated they will be year 2000 compliant by mid-year 1999.  If
modification of data processing systems by the service providers is not
completed timely, the Plan Sponsor believes the year 2000 problem could
have a material impact on the operations of the Plan.  Plan management
has not developed a contingency plan, because they are confident that
all systems will be year 2000 ready.




                                                                      10
                                    71
      
7. Investments

Individual investments that exceed 5% of plan assets available for
benefits are as follows:

                                                 December 31
                                              1998         1997
                                            --------------------
    American Funds - Investment Co.
      of America Com                         $43,791      $   -
    American Funds - Washington Mutual
      Investors Fund                          63,894          -

























































                                                                      11
                                    72
      
























                                  Schedules











































                                                                      12
                                    73
      
       
                        Cooper Tire & Rubber Company
                      Pre-Tax Savings Plan (El Dorado)
               Employer Identification #34-4297750; Plan #013

          Line 27a - Schedule of Assets Held for Investment Purposes

                            December 31, 1998
         
                                     Shares      Cost (Plus
                                    Units, or      Accrued     Fair
   Description                      Face Amount    Interest)   Value
   -----------                      -----------  -----------   -----
                                                                 
Mutual funds:
 *Armada Government Portfolio Fund       450      $    450    $    450
 American Funds - Investment Co.
  of America Com                       1,410        42,368      43,791
 American Funds - Washington Mutual
  Investors Fund                       1,942        64,861      63,894
                                                   -------     -------
                                                  $107,679    $108,135
                                                   =======     =======
    
*Party-in-interest
        











































                                                                      13
                                    74
      
       
                        Cooper Tire & Rubber Company
                      Pre-Tax Savings Plan (El Dorado)
              Employer Identification #34-4297750; Plan #013

              Line 27d - Schedule of Reportable Transactions

                      Year Ended December 31, 1998
         
                                                     Sales
                                       --------------------------------
                                                  Cost (Plus
                           Cost of                  Accrued      Gain/
Description of Assets     Purchases    Proceeds    Interest)    (Loss)
- ---------------------     ---------    --------   ----------   --------
                                                                    
Armada Government
 Portfolio Fund             $ 8,835     $ 8,753      $ 8,753     $    -
Cooper Tire & Rubber
 Company common stock         8,674           -            -          -



    
Note:  The purchase and selling price for each reportable transaction
represents its fair value at the time of acquisition or disposition.
        










































                                                                      14
                                    75
      
                                                            EXHIBIT (99)
                    Cooper Tire & Rubber Company
             Pre-Tax Savings Plan (Bowling Green - Hose)

                 Financial Statements and Schedules


               Years ended December 31, 1998 and 1997





                               Contents

Report of Independent Auditors                                    1

Audited Financial Statements

Statements of Assets Available for Plan Benefits                  2
Statements of Changes in Assets Available for Plan Benefits       3
Notes to Financial Statements                                     4


Schedules

Line 27a - Schedule of Assets Held for Investment Purposes       14
Line 27d - Schedule of Reportable Transactions                   15


A schedule of party-in-interest transactions has not
been presented because there were no party-in-
interest transactions which are prohibited by
ERISA Section 406 and for which there is no
statutory or administrative exemption.



































                                     76
      





                        Report of Independent Auditors

Pre-Tax Savings Plan Committee
Cooper Tire & Rubber Company
 Pre-Tax Savings Plan (Bowling Green - Hose)

We have audited the accompanying statements of assets available for plan
benefits of the Cooper Tire & Rubber Company Pre-Tax Savings Plan
(Bowling Green - Hose) as of December 31, 1998 and 1997, and the related
statements of changes in assets available for plan benefits for the
years then ended. These financial statements are the responsibility of
the Plan's management. Our responsibility is to express an opinion on
these financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present
fairly, in all material respects, the assets available for plan benefits
of the Cooper Tire & Rubber Company Pre-Tax Savings Plan (Bowling Green
- - Hose) at December 31, 1998 and 1997, and the changes in its assets
available for plan benefits for the years then ended, in conformity with
generally accepted accounting principles.

Our audits were conducted for the purpose of forming an opinion on the
basic financial statements taken as a whole. The accompanying schedules
of assets held for investment purposes as of December 31, 1998 and
reportable transactions for the year then ended, are presented for
purposes of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the
Department of Labor's Rules and Regulations for Reporting and Disclosure
under the Employee Retirement Income Security Act of 1974.  These
supplemental schedules are the responsibility of the Plan's management.
The supplemental schedules have been subjected to the auditing
procedures applied in our audit of the 1998 basic financial statements
and, in our opinion, are fairly stated in all material respects in
relation to the 1998 basic financial statements taken as a whole.


May 14, 1999
















                                                                       1
                                    77
      
       
                    Cooper Tire & Rubber Company
              Pre-Tax Savings Plan (Bowling Green - Hose)

           Statements of Assets Available for Plan Benefits
         
                                                     December 31
                                                   1998         1997
                                                ----------   ----------
                                                                
Assets
Investments:
   Value of interest in Pooled Fund (Note 4)    $  650,138   $  880,991
   Cooper Tire & Rubber Company Common Stock             -       27,056
   Mutual funds                                    504,756        1,168
                                                 ---------    ---------
                                                 1,154,894      909,215

Cash                                                (1,362)      25,321
Employer contribution receivable                   110,269       20,363
Employee contribution receivable                     6,200            -
                                                 ---------    ---------
Assets available for plan benefits              $1,270,001   $  954,899
                                                 =========    =========


    
See accompanying notes.
        







































                                                                       2
                                    78
      
       
                        Cooper Tire & Rubber Company
                 Pre-Tax Savings Plan (Bowling Green - Hose)

       Statements of Changes in Assets Available for Plan Benefits

         
                                                 Year Ended December 31
                                                   1998         1997
                                                ----------   ----------
                                                                
Additions:
  Cash contributions:
   Participants                                 $  367,854   $  281,293
   Employer                                        110,269       45,400
                                                 ---------    ---------
                                                   478,123      326,693
  Investment income (loss):
   Net gain (loss) from Pooled Fund (Note 4)      (104,648)     146,971
   Net depreciation in fair value of Cooper
    stock and mutual funds                               -         (446)
   Net appreciation in fair value of common
    and convertible preferred stock                 58,014            -
   Dividends                                        41,552          259
   Interest                                             64           56
                                                 ---------    ---------
                                                    (5,018)     146,840
                                                 ---------    ---------
Total additions                                    473,105      473,533

Participants' withdrawals                         (158,003)     (40,133)
                                                 ---------    ---------
Increase in assets available for plan
 benefits during the year                          315,102      433,400

Assets available for plan benefits at
 beginning of year                                 954,899      521,499
                                                 ---------    ---------
Assets available for plan benefits at
 end of year                                    $1,270,001   $  954,899
                                                 =========    =========

    
See accompanying notes.
        























                                                                       3
                                    79
      
                      Cooper Tire & Rubber Company
               Pre-Tax Savings Plan (Bowling Green - Hose)

                      Notes to Financial Statements

                       December 31, 1998 and 1997

1. Summary of Plan

The Cooper Tire & Rubber Company Pre-Tax Savings Plan (Bowling Green -
Hose) (Plan), as amended and restated, is a defined contribution plan
administered by a Plan Committee appointed by the plan sponsor, Cooper
Tire & Rubber Company (the Company).  Participation in the Plan is
voluntary and any employee of the Company eligible for membership in
Local Union #1152, United Steelworkers of America AFL-CIO/CLC (Union) is
eligible to participate in the Plan if he or she has completed thirty
days of continuous credited service. At December 31, 1998, 249
participants had designated investment of contributions in one or more
investment options of the Plan, which are as follows:

  1)  Cooper Tire & Rubber Company common stock.

  2)  Mutual funds managed by the American Funds Group, a subsidiary
      of Capital Group Incorporated:

      a)  The Investment Company of America Fund - managed to provide
          long-term growth of capital and income, placing greater
          emphasis on future dividends than on current income.

      b)  The Washington Mutual Investors Fund - managed to provide
          current income and opportunity for capital growth through the
          selection of common stocks.

  3)  Cash with interest - contributions are placed in investment
      contracts with a diversified group of insurance companies, banks,
      and other financial institutions.  This option may also include
      synthetic investment contracts backed by high quality fixed income
      assets.  All contracts have specific individual terms including
      interest rate and maturity date.  Interest rates on contracts
      generally reset on a monthly or quarterly basis.

The Plan provides that Pre-Tax Savings Plan (PSP) contributions may be
made in one percent multiples of a participant's compensation up to
fifteen percent, subject to Internal Revenue Code (IRC) limits on annual
contributions to the Plan. The amount of contribution may be changed
every thirty days.

The Plan provides that the Company will contribute to the Plan each year
from current or accumulated earnings an amount equal to the lesser of:

(a) 50% (25% in 1997) of PSP contributions which represent up to four
       percent of each participant's compensation, less any forfeitures,
       or

  (b)  an amount equal to fifteen percent of the Company's current year
       pre-tax earnings, exclusive of any deductions for contributions
       to the Plan, in excess of ten percent of the stockholders' equity
       of the Company at the beginning of the year.

The Company's Board of Directors, at its discretion, may waive the
limitation in (b) and contribute from current or accumulated earnings an
amount not to exceed the limitation in (a).  Administrative expenses of
the Plan are paid by the Company.

Investment options for future contributions may be changed daily.
Reallocation of balances may be made among the investment options daily.
Directions given by participants to the Plan trustee concerning the
voting of common stock are confidential.
(continued)
                                                                       4
                                    80
      
1. Summary of Plan (continued)

No amounts may be withdrawn by a participant from PSP contributions
prior to termination of employment unless the participant has either
attained age 59 1/2, becomes totally and permanently disabled, or is
able to demonstrate financial hardship. Hardship withdrawals by
participants not yet attaining 59 1/2 years of age are limited to PSP
contributions and are subject to the Internal Revenue Code (IRC) and
regulations thereunder. Participants are fully vested in their
contributions and earnings thereon.

The Plan shall continue until April 30, 2001. Thereafter it shall renew
itself for yearly periods unless written notice is given by the Company
or the Union that it is desired to terminate or amend the Plan. The
Company has reserved the right to amend the Plan at any time if such
amendment is necessary to enable the Plan to meet the requirements of
the IRC or the requirements of any governmental authority. If the Plan
terminates, and a successor plan is not adopted, all assets will be
distributed to participants in a lump sum.

No material amounts of withdrawals by participants, initiated on or
before December 31, 1998 or 1997, were pending.

2. Significant Accounting Policies

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect reported amounts of (1) additions and deductions
during the reporting period, and (2) assets and liabilities, as well as
disclosure of contingent assets and liabilities, at the date of the
financial statements.  Actual results could differ from those estimates.

Investments

The Plan's investments are held by National City Bank as trustee under
an agreement which directs the trustee to invest participants'
contributions based on their investment elections.  PSP contributions
and income not yet invested in the options selected by the participant
due to the "transaction period" as defined by the Plan, are invested in
cash with interest investments.

Investments in common stock of the Company are stated at quoted market
values as determined on the last business day of the Plan year. Mutual
fund investments are stated at fair value as determined by the net asset
value thereof on the last business day of the Plan year.

Certain investments of the Plan are combined with similar assets of the
other defined contribution plans sponsored by the Company. The combined
investments (Pooled Fund) are held by National City Bank as trustee and
are valued at their fair value as determined by the trustee, except for
fully benefit responsive investment contracts which are valued at
contract value. At December 31, 1998 and 1997, the contract value of
these contracts approximates fair value.

Contributions

Contributions are recorded when the Company makes payroll deductions for
Plan participants, and are invested in any of four investment options at
the participant's election.

Contributions from the Company are accrued in the period in which they
become obligations of the Company and may be in the form of cash,
treasury stock or authorized but unissued common stock of the Company.
Company contributions are invested in common stock of the Company until
the contributions become vested after which they are invested as
directed by the participant. The Company contribution to a participant's
account becomes vested after five years of continuous credited service;
thereafter, Company contributions become vested when made.

                                                                       5
                                    81
      
2. Significant Accounting Policies (continued)

Forfeitures

Forfeitures occur when an employee elects a withdrawal from current year
or unvested contributions or is terminated, voluntarily or
involuntarily, before being fully vested.  Forfeitures are used to
reduce the Company obligation.

3. Income Tax Status

The Internal Revenue Service ruled September 9, 1996 that the Plan
qualifies under Section 401(a) of the IRC and, therefore, the related
trust is not subject to tax under present income tax law.  Once
qualified, the Plan is required to operate in conformity with the IRC to
maintain its qualification.  The Plan Committee believes the Plan is
being operated in compliance with the applicable requirements of the IRC
and, therefore, believes that the Plan is qualified and the related
trust is tax exempt.

4. Value of Interest in Pooled Fund
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                                 December 31, 1998
                                           -----------------------------
                                             Cooper Tire
                                              & Rubber
                                              Company        Cash with
                                              Common         Interest
                                            Stock Fund         Fund
                                           ------------    ------------
                                                              
Armada Government Portfolio Fund           $  1,681,519    $  3,928,115
Cooper Tire & Rubber Company
 Common Stock                               154,085,556
*Allstate Life Insurance Company -
  6.01% contract 77020; matures
  August 16, 2004                                            12,866,709
*Monumental Life Insurance Company -
  6.08% contract BDA-00217TR; matures
  August 25,2004                                             11,842,635
*State Street Bank & Trust - 5.35%
  contract 98145; matures
  September 15, 2003                                          6,974,051
**Casisse Des Depots - 6.15% contract
  223-01; matures September 25, 2000                          2,390,045
 John Hancock Mutual Life Insurance
  Company - 5.62% contract 8736;
  matures May 1, 2007                                         7,651,704
 New York Life Insurance Company -
  7.65% contract 30200-001; matures
  September 20, 2000                                          5,359,713
*Continental Assurance Company -
  6.31% contract 63-05835; matures
  February 17, 2003                                           4,005,674
 Allstate Life Insurance Company -
  5.95% contract 31040; matures
  July 1, 2001                                                3,497,499
 Allmerica Financial Life - 6.30%
  contract 99212W; matures
  November 15, 2004                                           3,474,907
**Casisse Des Depots - 5.86% contract
  223-03; matures December 16, 2002                           2,995,078
 United of Omaha Life Insurance -
  5.75% contract SDGA-11195; matures
  August 2, 2000                                              1,995,756
(continued)
                                                                       6
                                    82
      
 Monumental Life Insurance Company -
  3.66% contract ADA00561FR; matures
  April 15, 1999                                              1,315,889
 New York Life Insurance Company -
  7.65% contract 30200-002; matures
  April 19, 1999                                              1,169,061
 Monumental Life Insurance Company -
  5.80% contract BDA-00217TR-10;
  matures December 31, 1999                                      59,733
                                           ------------    ------------
                                           $155,767,075    $ 69,526,569
                                           ============    ============
    
*  Synthetic contract
** Non-participating synthetic contract
        
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                      December 31, 1997
                       -------------------------------------------------
                        Cooper Tire                  The        The
                         & Rubber       Cash      Investment Washington
                         Company        with      Company of   Mutual
                         Common       Interest     America    Investors
                        Stock Fund      Fund        Fund        Fund
                       ------------ ----------- ----------- -----------
                                                               
Armada Government
 Portfolio Fund        $  1,214,344 $(1,863,178)$(1,153,143)$ 1,315,449
Cooper Tire & Rubber
 Company Common Stock   185,112,135
Mutual funds:
 The Investment Company
  of America Fund                                18,542,498
 The Washington Mutual
  Investors Fund                                             28,034,543
Cash with Interest Fund:
*Allstate Life Insurance
  Company - 6.23% contract;
  matures August 16, 2004             8,589,106
 New York Life Insurance
  Company - 7.65% contract;
  matures September 20, 2000          7,513,568
*John Hancock Mutual Life
  Insurance Company - 6.42%
  contract; matures May 1,
  2007                                7,197,589
 Provident Life and Accident
  Insurance Company 5.75% -
  contract; matures
  January 30, 1998                    6,593,931
*Continental Assurance Company -
  6.06% contract; matures
  January 1, 1998                     3,862,569
*Allstate Life Insurance
  Company - 5.95% contract;
  matures February 18, 2002           3,303,020
*Allmerica Financial Life
  Insurance Company - 6.81%
  contract; matures
  November 15, 2004                   3,259,691
*Peoples Security Life -
  6.89% contract; matures
  June 25, 2004                       3,026,927
*Caisse Des Depots (CDC) BRIC -
  6.15% contract; matures
  September 25, 2000                  2,987,570
(continued)
                                                                       7
                                    83
*Peoples Security Life -
  6.08% contract; matures
  April 15, 1999                      1,997,156
 United of Omaha Life
  Insurance - 6.41% contract;
  matures August 2, 2000              1,995,770
*Peoples Security Life -
  6.60% contract; matures
  August 25, 2004                     1,979,747
*Peoples Security Life -
  6.78% contract; matures
  March 15, 2002                      1,952,166
*Peoples Security Life -
  5.29% contract; matures
  December 17, 2001                   1,721,801
*Caisse Des Depots (CDC) BRIC -
  5.80% contract; matures
  December 16, 2002                   1,550,256
*Peoples Security Life -
  6.17% contract; matures
  July 16, 2001                       1,487,592
*Caisse Des Depots (CDC) BRIC -
  5.86% contract; matures
  May 31, 2000                        1,445,881
*Peoples Security Life -
  6.94% contract; matures
  January 26, 2004                    1,299,224
 Commonwealth Life Insurance
  Company - 3.66% contract;
  matures April 15, 1999              1,269,427
 New York Life Insurance
  Company - 7.65% contract;
  matures April 19, 1999              1,085,983
*Peoples Security Life -
  5.40% contract; matures
  January 18, 2000                      859,422
*Peoples Security Life -
  5.80% contract; matures
  December 31, 1999                     654,404
*Peoples Security Life -
  5.24% contract; matures
  April 15, 1998                        589,726
                       ------------ ----------- ----------- -----------
Total assets           $186,326,479 $64,359,348 $17,389,355 $29,349,992
                       ============ =========== =========== ===========
    
*Synthetic contract
        
The average yield of the Cash with Interest Fund for the years ended
December 31, 1998 and 1997 was 6.1% and 6.7% respectively.

The value of the Plan's interest in the Pooled Fund is $650,138 at
December 31, 1998 and $880,991 at December 31, 1997.

The Plan's interest in the Pooled Fund's assets at December 31 is as
follows:
                                                   1998      1997
                                                   ----      ----
Cooper Tire & Rubber Company Common Stock Fund     0.3%      0.3%
Cash with Interest Fund                            0.2%      0.2%
The Investment Company of America Fund               -       0.8%
The Washington Mutual Investors Fund                 -       0.5%







                                                                       8
                                    84
      
       
The net investment gain (loss) of the Cooper Tire & Rubber Company
Pooled Fund is as follows:
         

                                 Year Ended December 31, 1998
                     --------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest            $    142,892  $ 4,150,939  $     7,700  $    15,063
Dividends              2,724,804                   417,248      378,191
Net realized and
 unrealized
 gain (loss)         (23,151,293)                1,137,385    3,677,886
                     -----------  -----------  -----------  -----------
Net investment
 gain (loss)        $(20,283,597) $ 4,150,939  $ 1,562,333  $ 4,071,140
                     ===========  ===========  ===========  ===========
        
       
         
                                 Year Ended December 31, 1997
                     ---------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest             $   113,940  $ 3,882,280  $    30,033  $    33,468
Dividends              2,704,175                 1,804,968    2,222,234
Net realized and
 unrealized gain      38,049,952                 1,573,724    3,744,388
                     -----------  -----------  -----------  -----------

Net investment gain  $40,868,067  $ 3,882,280  $ 3,408,725  $ 6,000,090
                     ===========  ===========  ===========  ===========
        
The Plan's net investment loss from the Pooled Fund is $104,648 for the
year ended December 31, 1998 and a net investment gain of $146,971 for
the year ended December 31, 1997.

The net investment gain or loss of the Pooled Fund is allocated to each
participating plan based on the percentage of that Plan's units in each
Pooled Fund category.


















                                                                      9
                                    85
      
5. Investment Income
       
On July 24, 1998, the Plan's investments in the Investment Co. of
America Com and Washington Mutual Investors Fund were removed from the
pooled fund.  Investment income on assets held outside the pooled fund
is as follows:
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1998:
  Cooper Tire & Rubber
    Company Common               $   2,084          $      170
  Armada Government Portfolio
    Fund                                                        $     64
  Investment Co. of America
    Com                             21,339              19,661
  Washington Mutual Investors
    Fund                            34,591              21,721
                                  --------           ---------   -------
Totals                           $  58,014          $   41,552  $     64
                                  ========           =========   =======
        
       
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1997:
  Cooper Tire & Rubber
    Company Common               $   (446)          $      259
  Armada Government Portfolio
    Fund                                                        $     56
                                  -------            ---------   -------
Totals                           $   (446)          $      259  $     56
                                  =======            =========   =======
        
6. Year 2000 Issue (unaudited)

The Plan Sponsor has determined it will be necessary to take certain
steps in order to ensure the Plan's information systems are prepared to
handle year 2000 issues.  The Plan Sponsor is taking a two-phase
approach.  The first phase addressed internal systems that needed to be
modified or replaced to function properly.  Internal resources were
utilized to modify existing software applications and test the software
and equipment for the year 2000 modifications.  Costs associated with
modifying software and equipment were paid by the Plan Sponsor and were
not material.

For the second phase of the project, Plan management established formal
communications with its third party service providers to determine that
they have developed plans to address their own year 2000 problems as
they relate to the Plan's operations.  All third party service providers
have indicated they will be year 2000 compliant by mid-year 1999.  If
modification of data processing systems by the service providers is not
completed timely, the Plan Sponsor believes the year 2000 problem could
have a material impact on the operations of the Plan.  Plan management
has not developed a contingency plan, because they are confident that
all systems will be year 2000 ready.




                                                                      10
                                    86
      
7. Investments

Individual investments that exceed 5% of plan assets available for
benefits are as follows:

                                                 December 31
                                              1998         1997
                                            --------------------
    American Funds - Investment Co.
      of America Com                        $232,274      $   -
    American Funds - Washington Mutual
      Investors Fund                         269,195          -

























































                                                                      11
                                    87
      
























                                    Schedules












































                                                                      12
                                    88
      
       
                        Cooper Tire & Rubber Company
                Pre-Tax Savings Plan (Bowling Green - Hose)
              Employer Identification #34-4297750; Plan #017

          Line 27a - Schedule of Assets Held for Investment Purposes

                            December 31, 1998
         
                                     Shares      Cost (Plus
                                    Units, or      Accrued     Fair
   Description                      Face Amount    Interest)   Value
   -----------                      -----------  -----------   -----
                                                                 
Mutual funds:
 *Armada Government Portfolio Fund     3,287      $  3,287    $  3,287
 American Funds - Investment Co.
  of America Com                       7,476       224,969     232,274
 American Funds - Washington Mutual
  Investors Fund                       8,180       273,847     269,195
                                                   -------     -------
                                                  $502,103    $504,756
                                                   =======     =======

    
*Party-in-interest
        










































                                                                      13
                                    89
      
       
                         Cooper Tire & Rubber Company
                  Pre-Tax Savings Plan (Bowling Green - Hose)
                Employer Identification #34-4297750; Plan #017

                Line 27d - Schedule of Reportable Transactions

                       Year Ended December 31, 1998
         
                                                    Sales
                                       --------------------------------
                                                  Cost (Plus
                           Cost of                  Accrued      Gain/
Description of Assets     Purchases    Proceeds    Interest)    (Loss)
- ---------------------     ---------    --------   ----------   --------
                                                                    
Armada Government
 Portfolio Fund             $21,426     $21,234      $21,234     $    -
Cooper Tire & Rubber
 Company common stock        21,142           -            -          -
American Funds -
 Investment Co. of
 America Com                 49,735      12,247      12,290         (43)
American Funds -
 Washington Mutual
 Investors Fund              65,624      28,592      29,161        (569)



    
Note:  The purchase and selling price for each reportable transaction
represents its fair value at the time of acquisition or disposition.
        




































                                                                      14
                                    90
      
                                                            EXHIBIT (99)
                      Cooper Tire & Rubber Company
             Pre-Tax Savings Plan (Bowling Green - Sealing)

                   Financial Statements and Schedules


                 Years ended December 31, 1998 and 1997





                              Contents

Report of Independent Auditors                                    1

Audited Financial Statements

Statements of Assets Available for Plan Benefits                  2
Statements of Changes in Assets Available for Plan Benefits       3
Notes to Financial Statements                                     4


Schedules

Line 27a - Schedule of Assets Held for Investment Purposes       14
Line 27d - Schedule of Reportable Transactions                   15


A schedule of party-in-interest transactions has not
been presented because there were no party-in-
interest transactions which are prohibited by
ERISA Section 406 and for which there is no
statutory or administrative exemption.


































                                       91
      






                       Report of Independent Auditors

Pre-Tax Savings Plan Committee
Cooper Tire & Rubber Company
 Pre-Tax Savings Plan (Bowling Green - Sealing)

We have audited the accompanying statements of assets available for plan
benefits of the Cooper Tire & Rubber Company Pre-Tax Savings Plan
(Bowling Green - Sealing) as of December 31, 1998 and 1997, and the
related statements of changes in assets available for plan benefits for
the years then ended. These financial statements are the responsibility
of the Plan's management. Our responsibility is to express an opinion on
these financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles
used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present
fairly, in all material respects, the assets available for plan benefits
of the Cooper Tire & Rubber Company Pre-Tax Savings Plan (Bowling Green
- - Sealing) at December 31, 1998 and 1997, and the changes in its assets
available for plan benefits for the years then ended, in conformity with
generally accepted accounting principles.

Our audits were conducted for the purpose of forming an opinion on the
basic financial statements taken as a whole. The accompanying schedules
of assets held for investment purposes as of December 31, 1998 and
reportable transactions for the year then ended, are presented for
purposes of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the
Department of Labor's Rules and Regulations for Reporting and Disclosure
under the Employee Retirement Income Security Act of 1974.  These
supplemental schedules are the responsibility of the Plan's management.
The supplemental schedules have been subjected to the auditing
procedures applied in our audit of the 1998 basic financial statements
and, in our opinion, are fairly stated in all material respects in
relation to the 1998 basic financial statements taken as a whole.


May 14, 1999
















                                                                       1
                                    92
      
       
                        Cooper Tire & Rubber Company
                Pre-Tax Savings Plan (Bowling Green - Sealing)

               Statements of Assets Available for Plan Benefits
         
                                                     December 31
                                                   1998         1997
                                                ----------   ----------
                                                                
Assets
Investments:
   Value of interest in Pooled Fund (Note 4)    $  674,922   $  800,061
   Cooper Tire & Rubber Company Common Stock             -       28,836
   Mutual funds                                    655,191          220
                                                 ---------    ---------
                                                 1,330,113      829,117

Cash (overdraft)                                    (4,524)      26,702
Employer contribution receivable                   151,072       30,119
Employee contribution receivable                     9,187            -
                                                 ---------    ---------
Assets available for plan benefits              $1,485,848   $  885,938
                                                 =========    =========


    
See accompanying notes.
        








































                                                                       2
                                    93
      
       
                       Cooper Tire & Rubber Company
              Pre-Tax Savings Plan (Bowling Green - Sealing)

        Statements of Changes in Assets Available for Plan Benefits
         
                                                Year Ended December 31
                                                   1998         1997
                                                ----------   ----------
                                                                
Additions:
  Cash contributions:
   Participants                                 $  560,028   $  401,926
   Employer                                        151,072       56,789
                                                 ---------    ---------
                                                   711,100      458,715
  Investment income (loss):
   Net gain (loss) from Pooled Fund (Note 4)       (86,308)     114,027
   Net appreciation in fair value of Cooper
    Tire & Rubber Company common stock                   -          736
   Net appreciation in fair value of common
    stock and mutual funds                          47,164            -
   Dividends                                        52,505          171
   Interest                                             64           41
                                                 ---------    ---------
                                                    13,425      114,975
                                                 ---------    ---------
Total additions                                    724,525      573,690

Participants' withdrawals                         (124,615)     (52,307)
                                                 ---------    ---------
Increase in assets available for plan
 benefits during the year                          599,910      521,383

Assets available for plan benefits at
 beginning of year                                 885,938      364,555
                                                 ---------    ---------
Assets available for plan benefits at
 end of year                                    $1,485,848   $  885,938
                                                 =========    =========

    
See accompanying notes.
        

























                                                                       3
                                    94
      
                        Cooper Tire & Rubber Company
                Pre-Tax Savings Plan (Bowling Green - Sealing)

                        Notes to Financial Statements

                         December 31, 1998 and 1997

1. Summary of Plan

The Cooper Tire & Rubber Company Pre-Tax Savings Plan (Bowling Green -
Sealing) (Plan), as amended and restated, is a defined contribution plan
administered by a Plan Committee appointed by the plan sponsor, Cooper
Tire & Rubber Company (the Company).  Participation in the Plan is
voluntary and any employee of the Company eligible for membership in
Local Union #1042, United Steelworkers of America AFL-CIO/CLC (Union) is
eligible to participate in the Plan if he or she has completed thirty
days of continuous credited service. At December 31, 1998, 285
participants had designated investment of contributions in one or more
investment options of the Plan, which are as follows:

  1)  Cooper Tire & Rubber Company common stock.

  2)  Mutual funds managed by the American Funds Group, a subsidiary
      of Capital Group Incorporated:

      a)  The Investment Company of America Fund - managed to provide
          long-term growth of capital and income, placing greater
          emphasis on future dividends than on current income.

      b)  The Washington Mutual Investors Fund - managed to provide
          current income and opportunity for capital growth through the
          selection of common stocks.

  3)  Cash with interest - contributions are placed in investment
      contracts with a diversified group of insurance companies, banks,
      and other financial institutions.  This option may also include
      synthetic investment contracts backed by high quality fixed income
      assets.  All contracts have specific individual terms including
      interest rate and maturity date.  Interest rates on contracts
      generally reset on a monthly or quarterly basis.

The Plan provides that Pre-Tax Savings Plan (PSP) contributions may be
made in one percent multiples of a participant's compensation up to
fifteen percent, subject to Internal Revenue Code (IRC) limits on annual
contributions to the Plan. The amount of contribution may be changed
every thirty days.

The Plan provides that the Company will contribute to the Plan each year
from current or accumulated earnings an amount equal to the lesser of:

(a) 50% (25% in 1997) of PSP contributions which represent up to four
       percent of each participant's compensation, less any forfeitures,
       or

  (b)  an amount equal to fifteen percent of the Company's current year
       pre-tax earnings, exclusive of any deductions for contributions
       to the Plan, in excess of ten percent of the stockholders' equity
       of the Company at the beginning of the year.

The Company's Board of Directors, at its discretion, may waive the
limitation in (b) and contribute from current or accumulated earnings an
amount not to exceed the limitation in (a).  Administrative expenses of
the Plan are paid by the Company.

Investment options for future contributions may be changed daily.
Reallocation of balances may be made among the investment options daily.
Directions given by participants to the Plan trustee concerning the
voting of common stock are confidential.
(continued)
                                                                       4
                                    95
      
1. Summary of Plan (continued)

No amounts may be withdrawn by a participant from PSP contributions
prior to termination of employment unless the participant has either
attained age 59 1/2, becomes totally and permanently disabled, or is
able to demonstrate financial hardship. Hardship withdrawals by
participants not yet attaining 59 1/2 years of age are limited to PSP
contributions and are subject to the Internal Revenue Code (IRC) and
regulations thereunder. Participants are fully vested in their
contributions and earnings thereon.

The Plan shall continue until October 31, 2000. Thereafter it shall
renew itself for yearly periods unless written notice is given by the
Company or the Union that it is desired to terminate or amend the Plan.
The Company has reserved the right to amend the Plan at any time if such
amendment is necessary to enable the Plan to meet the requirements of
the IRC or the requirements of any governmental authority. If the Plan
terminates, and a successor plan is not adopted, all assets will be
distributed to participants in a lump sum.

No material amounts of withdrawals by participants, initiated on or
before December 31, 1998 or 1997, were pending.

2. Significant Accounting Policies

The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates and
assumptions that affect reported amounts of (1) additions and deductions
during the reporting period, and (2) assets and liabilities, as well as
disclosure of contingent assets and liabilities, at the date of the
financial statements.  Actual results could differ from those estimates.

Investments

The Plan's investments are held by National City Bank as trustee under
an agreement which directs the trustee to invest participants'
contributions based on their investment elections.  PSP contributions
and income not yet invested in the options selected by the participant
due to the "transaction period" as defined by the Plan, are invested in
cash with interest investments.

Investments in common stock of the Company are stated at quoted market
values as determined on the last business day of the Plan year. Mutual
fund investments are stated at fair value as determined by the net asset
values thereof on the last business day of the Plan year.

Certain investments of the Plan are combined with similar assets of the
other defined contribution plans sponsored by the Company. The combined
investments (Pooled Fund) are held by National City Bank as trustee and
are valued at their fair value as determined by the trustee, except for
fully benefit responsive investment contracts which are valued at
contract value. At December 31, 1998 and 1997, the contract value of
these contracts approximates fair value.

Contributions

Contributions are recorded when the Company makes payroll deductions for
Plan participants, and are invested in any of four investment options at
the participant's election.

Contributions from the Company are accrued in the period in which they
become obligations of the Company and may be in the form of cash,
treasury stock or authorized but unissued common stock of the Company.
Company contributions are invested in common stock of the Company until
the contributions become vested after which they are invested as
directed by the participant. The Company contribution to a participant's
account becomes vested after five years of continuous credited service;
thereafter, Company contributions become vested when made.

                                                                       5
                                    96
      
2. Significant Accounting Policies (continued)

Forfeitures

Forfeitures occur when an employee elects a withdrawal from current year
or unvested contributions or is terminated, voluntarily or
involuntarily, before being fully vested.  Forfeitures are used to
reduce the Company obligation.

3. Income Tax Status

The Internal Revenue Service ruled September 9, 1996 that the Plan
qualifies under Section 401(a) of the IRC and, therefore, the related
trust is not subject to tax under present income tax law.  Once
qualified, the Plan is required to operate in conformity with the IRC to
maintain its qualification.  The Plan Committee believes the Plan is
being operated in compliance with the applicable requirements of the IRC
and, therefore, believes that the Plan is qualified and the related
trust is tax exempt.

4. Value of Interest in Pooled Fund
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                                 December 31, 1998
                                           -----------------------------
                                             Cooper Tire
                                              & Rubber
                                              Company        Cash with
                                              Common         Interest
                                            Stock Fund         Fund
                                           ------------    ------------
                                                              
Armada Government Portfolio Fund           $  1,681,519    $  3,928,115
Cooper Tire & Rubber Company
 Common Stock                               154,085,556
*Allstate Life Insurance Company -
  6.01% contract 77020; matures
  August 16, 2004                                            12,866,709
*Monumental Life Insurance Company -
  6.08% contract BDA-00217TR; matures
  August 25,2004                                             11,842,635
*State Street Bank & Trust - 5.35%
  contract 98145; matures
  September 15, 2003                                          6,974,051
**Casisse Des Depots - 6.15% contract
  223-01; matures September 25, 2000                          2,390,045
 John Hancock Mutual Life Insurance
  Company - 5.62% contract 8736;
  matures May 1, 2007                                         7,651,704
 New York Life Insurance Company -
  7.65% contract 30200-001; matures
  September 20, 2000                                          5,359,713
*Continental Assurance Company -
  6.31% contract 63-05835; matures
  February 17, 2003                                           4,005,674
 Allstate Life Insurance Company -
  5.95% contract 31040; matures
  July 1, 2001                                                3,497,499
 Allmerica Financial Life - 6.30%
  contract 99212W; matures
  November 15, 2004                                           3,474,907
**Casisse Des Depots - 5.86% contract
  223-03; matures December 16, 2002                           2,995,078
 United of Omaha Life Insurance -
  5.75% contract SDGA-11195; matures
  August 2, 2000                                              1,995,756
(continued)
                                                                       6
                                    97
      
 Monumental Life Insurance Company -
  3.66% contract ADA00561FR; matures
  April 15, 1999                                              1,315,889
 New York Life Insurance Company -
  7.65% contract 30200-002; matures
  April 19, 1999                                              1,169,061
 Monumental Life Insurance Company -
  5.80% contract BDA-00217TR-10;
  matures December 31, 1999                                      59,733
                                           ------------    ------------
                                           $155,767,075    $ 69,526,569
                                           ============    ============
    
*  Synthetic contract
** Non-participating synthetic contract
        
       
The assets of the Cooper Tire & Rubber Company Pooled Fund are as
follows:
         
                                      December 31, 1997
                       -------------------------------------------------
                        Cooper Tire                  The        The
                         & Rubber       Cash      Investment Washington
                         Company        with      Company of   Mutual
                         Common       Interest     America    Investors
                        Stock Fund      Fund        Fund        Fund
                       ------------ ----------- ----------- -----------
                                                               
Armada Government
 Portfolio Fund        $  1,214,344 $(1,863,178)$(1,153,143)$ 1,315,449
Cooper Tire & Rubber
 Company Common Stock   185,112,135
Mutual funds:
 The Investment Company
  of America Fund                                18,542,498
 The Washington Mutual
  Investors Fund                                             28,034,543
Cash with Interest Fund:
*Allstate Life Insurance
  Company - 6.23% contract;
  matures August 16, 2004             8,589,106
 New York Life Insurance
  Company - 7.65% contract;
  matures September 20, 2000          7,513,568
*John Hancock Mutual Life
  Insurance Company - 6.42%
  contract; matures May 1,
  2007                                7,197,589
 Provident Life and Accident
  Insurance Company 5.75% -
  contract; matures
  January 30, 1998                    6,593,931
*Continental Assurance Company -
  6.06% contract; matures
  January 1, 1998                     3,862,569
*Allstate Life Insurance
  Company - 5.95% contract;
  matures February 18, 2002           3,303,020
*Allmerica Financial Life
  Insurance Company - 6.81%
  contract; matures
  November 15, 2004                   3,259,691
*Peoples Security Life -
  6.89% contract; matures
  June 25, 2004                       3,026,927
*Caisse Des Depots (CDC) BRIC -
  6.15% contract; matures
  September 25, 2000                  2,987,570
(continued)
                                                                       7
                                     98
*Peoples Security Life -
  6.08% contract; matures
  April 15, 1999                      1,997,156
 United of Omaha Life
  Insurance - 6.41% contract;
  matures August 2, 2000              1,995,770
*Peoples Security Life -
  6.60% contract; matures
  August 25, 2004                     1,979,747
*Peoples Security Life -
  6.78% contract; matures
  March 15, 2002                      1,952,166
*Peoples Security Life -
  5.29% contract; matures
  December 17, 2001                   1,721,801
*Caisse Des Depots (CDC) BRIC -
  5.80% contract; matures
  December 16, 2002                   1,550,256
*Peoples Security Life -
  6.17% contract; matures
  July 16, 2001                       1,487,592
*Caisse Des Depots (CDC) BRIC -
  5.86% contract; matures
  May 31, 2000                        1,445,881
*Peoples Security Life -
  6.94% contract; matures
  January 26, 2004                    1,299,224
 Commonwealth Life Insurance
  Company - 3.66% contract;
  matures April 15, 1999              1,269,427
 New York Life Insurance
  Company - 7.65% contract;
  matures April 19, 1999              1,085,983
*Peoples Security Life -
  5.40% contract; matures
  January 18, 2000                      859,422
*Peoples Security Life -
  5.80% contract; matures
  December 31, 1999                     654,404
*Peoples Security Life -
  5.24% contract; matures
  April 15, 1998                        589,726
                       ------------ ----------- ----------- -----------
Total assets           $186,326,479 $64,359,348 $17,389,355 $29,349,992
                       ============ =========== =========== ===========
    
*Synthetic contract
        
The average yield of the Cash with Interest Fund for the years ended
December 31, 1998 and 1997 was 6.1% and 6.7% respectively.

The value of the Plan's interest in the Pooled Fund is $674,922 at
December 31, 1998 and $800,061 at December 31, 1997.

The Plan's interest in the Pooled Fund's assets at December 31 is as
follows:
                                                   1998      1997
                                                   ----      ----
Cooper Tire & Rubber Company Common Stock Fund     0.4%      0.2%
Cash with Interest Fund                            0.2%      0.1%
The Investment Company of America Fund               -       0.9%
The Washington Mutual Investors Fund                 -       0.5%






                                                                       8
                                    99
      
       
The net investment gain (loss) of the Cooper Tire & Rubber Company
Pooled Fund is as follows:
         
                                 Year Ended December 31, 1998
                     --------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest            $    142,892  $ 4,150,939  $     7,700  $    15,063
Dividends              2,724,804                   417,248      378,191
Net realized and
 unrealized
 gain (loss)         (23,151,293)                1,137,385    3,677,886

                     -----------  -----------  -----------  -----------
Net investment
 gain (loss)        $(20,283,597) $ 4,150,939  $ 1,562,333  $ 4,071,140
                     ===========  ===========  ===========  ===========
        
       
                                 Year Ended December 31, 1997
                     ---------------------------------------------------
                     Cooper Tire                  The          The
                      & Rubber       Cash      Investment   Washington
                       Company       with      Company of     Mutual
                       Common       Interest     America     Investors
                     Stock Fund      Fund         Fund         Fund
                     -----------  -----------  -----------  -----------
                                                               
Interest             $   113,940  $ 3,882,280  $    30,033  $    33,468
Dividends              2,704,175                 1,804,968    2,222,234
Net realized and
 unrealized gain      38,049,952                 1,573,724    3,744,388
                     -----------  -----------  -----------  -----------

Net investment gain  $40,868,067  $ 3,882,280  $ 3,408,725  $ 6,000,090
                     ===========  ===========  ===========  ===========
        
The Plan's net investment loss from the Pooled Fund is $86,308 for the
year ended December 31, 1998 and a net investment gain of $114,027 for
the year ended December 31, 1997.

The net investment gain or loss of the Pooled Fund is allocated to each
participating plan based on the percentage of that Plan's units in each
Pooled Fund category.



















                                                                       9
                                   100
      
5. Investment Income
       
On July 24, 1998, the Plan's investments in the Investment Co. of
America Com and Washington Mutual Investors Fund were removed from the
pooled fund.  Investment income on assets held outside the pooled fund
is as follows:
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1998:
  Cooper Tire & Rubber
    Company Common               $   3,665          $      183
  Armada Government Portfolio
    Fund                                                        $     64
  Investment Co. of America
    Com                             17,126              26,216
  Washington Mutual Investors
    Fund                            26,373              26,106
                                  --------           ---------   -------
Totals                           $  47,164          $   52,505  $     64
                                  ========           =========   =======
        
       
         
                               Net realized and
                            unrealized appreciation
                            (depreciation) in fair
                             value of investments    Dividends  Interest
                            -----------------------  ---------  --------
                                                                   
Year ended December 31, 1997:
  Cooper Tire & Rubber
    Company Common               $    736           $      171
  Armada Government Portfolio
    Fund                                                        $     41
                                  -------            ---------   -------
Totals                           $    736           $      171  $     41
                                  =======            =========   =======
        
6. Year 2000 Issue (unaudited)

The Plan Sponsor has determined it will be necessary to take certain
steps in order to ensure the Plan's information systems are prepared to
handle year 2000 issues.  The Plan Sponsor is taking a two-phase
approach.  The first phase addressed internal systems that needed to be
modified or replaced to function properly.  Internal resources were
utilized to modify existing software applications and test the software
and equipment for the year 2000 modifications.  Costs associated with
modifying software and equipment were paid by the Plan Sponsor and were
not material.

For the second phase of the project, Plan management established formal
communications with its third party service providers to determine that
they have developed plans to address their own year 2000 problems as
they relate to the Plan's operations.  All third party service providers
have indicated they will be year 2000 compliant by mid-year 1999.  If
modification of data processing systems by the service providers is not
completed timely, the Plan Sponsor believes the year 2000 problem could
have a material impact on the operations of the Plan.  Plan management
has not developed a contingency plan, because they are confident that
all systems will be year 2000 ready.



                                                                      10
                                   101
      
7. Investments

Individual investments that exceed 5% of plan assets available for
benefits are as follows:

                                                 December 31
                                              1998         1997
                                            --------------------
    American Funds - Investment Co.
      of America Com                        $318,952      $   -
    American Funds - Washington Mutual
      Investors Fund                         332,550          -
























































                                                                      11
                                   102
      

























                                 Schedules












































                                                                      12
                                   103
      
       
                        Cooper Tire & Rubber Company
             Pre-Tax Savings Plan (Bowling Green - Sealing)
             Employer Identification #34-4297750; Plan #016

       Line 27a - Schedule of Assets Held for Investment Purposes

                          December 31, 1998
         
                                     Shares      Cost (Plus
                                    Units, or      Accrued     Fair
   Description                      Face Amount    Interest)   Value
   -----------                      -----------  -----------   -----
                                                                 
Mutual funds:
 *Armada Government Portfolio Fund     3,689      $  3,689    $  3,689
 American Funds - Investment Co.
  of America Com                      10,266       308,880     318,952
 American Funds - Washington Mutual
  Investors Fund                      10,105       337,145     332,550
                                                   -------     -------
                                                  $649,714    $655,191
                                                   =======     =======

    
*Party-in-interest
        










































                                                                      13
                                   104
      
       
                       Cooper Tire & Rubber Company
              Pre-Tax Savings Plan (Bowling Green - Sealing)
              Employer Identification #34-4297750; Plan #016

              Line 27d - Schedule of Reportable Transactions

                       Year Ended December 31, 1998
         
                                                     Sales
                                       --------------------------------
                                                  Cost (Plus
                           Cost of                  Accrued      Gain/
Description of Assets     Purchases    Proceeds    Interest)    (Loss)
- ---------------------     ---------    --------   ----------   --------
                                                                  
Armada Government
 Portfolio Fund            $ 30,970     $30,756     $30,756    $      -
Cooper Tire & Rubber
 Company common stock        30,672           -           -           -
American Funds -
 Investment Co. of
 America Com                 89,260      21,868      22,291       (423)
American Funds -
 Washington Mutual
 Investors Fund             102,409      29,401      30,767      (1,366)



    
Note:  The purchase and selling price for each reportable transaction
represents its fair value at the time of acquisition or disposition.
        



































                                                                      14
                                   105
      


(Back To Top)