We calculate the gravitational radiation produced by the merger and coalescence of inspiraling binary neutron stars using 3-dimensional numerical simulations. The stars are modeled as polytropes and start out in the point-mass limit at wide separation. The hydrodynamic integration is performed using smooth particle hydrodynamics (SPH) with Newtonian gravity, and the gravitational radiation is calculated using the quadrupole approximation. We have run several simulations, varying both the neutron star radius and the equation of state. The resulting gravitational wave energy spectra $dE/df$ are rich in information about the hydrodynamics of merger and coalescence. In particular, our results demonstrate that detailed information on both $GM/Rc^2$ and the equation of state can in principle be extracted from the spectrum.

33 pages, LaTex with RevTex macros; 21 figures available in compressed PostScript format via anonymous ftp to ftp://zonker.drexel.edu/papers/ns_coll_1 ; in press, Phys. Rev. D (Nov 15, 1994 issue)