CUSIP # 65119QAW3 
 
 
 
   Pricing Supplement No. 21                  Filing under Rule 424(b)(3) 
   Dated June 1, 1995                           Registration No. 33-46208 
   (To Prospectus and Prospectus Supplement dated April 15, 1992) 
 
 
                                $500,000,000 
                                 NEWELL CO. 
                              Medium-Term Notes 
              Due from 9 Months to 30 Years from Date of Issue 
 
         Principal Amount:               $10,000,000 
 
         Interest Rate:                  6.75% 
 
         Date of Issue:                  June 8, 1995 
         Maturity Date:                  June 8, 2005 
 
         Net Proceeds to Newell          $9,937,500 
         Co.: 
         Commission to Agent:            0.625% of principal 
                                         amount 
 
   The Notes described in this Pricing Supplement will be issued in book- 
   entry only form. 
 
   The Notes described in this Pricing Supplement are being sold through 
   Chase Securities, Inc., as Agent. 
 
   Prior to the date of this Pricing Supplement, $243.0 million in 
   aggregate principal amount of Medium-Term Notes of the Company have 
   been sold and no other Debt Securities described in the Prospectus 
   dated April 15, 1992 have been sold prior to the date hereof. 
 
 
                           Chase Securities, Inc. 
<PAGE>
  
 
 
 
 
 
           CERTAIN UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS 
 
 
 
        The following discussion replaces the discussion contained in the 
   accompanying Prospectus Supplement dated April 15, 1992 under the 
   heading "Summary of Tax Consideration - U.S. Holders - Original Issue 
   Discount" and under the heading "Backup Withholding." 
 
        Original Issue Discount.  The following summary is a general 
   discussion of the United States Federal income tax consequences to 
   U.S. Holders of the purchase, ownership and disposition of Notes 
   issued with original issue discount ("Discount Notes").  The following 
   summary is based upon final Treasury regulations (the "OID 
   Regulations") issued by the Internal Revenue Service ("IRS") on 
   January 27, 1994 under the original issue discount provisions of the 
   Internal Revenue Code of 1986, as amended (the "Code").  The OID 
   Regulations, which replaced certain proposed original issue discount 
   regulations that were issued on December 21, 1992, generally apply to 
   debt instruments issued on or after April 4, 1994. 
 
        For United States Federal income tax purposes, original issue 
   discount is the excess of the stated redemption price at maturity of a 
   Note over its issue price, if such excess equals or exceeds a de 
   minimis amount (generally 1/4 of 1% of the Note's stated redemption 
   price at maturity multiplied by the number of complete years to its 
   maturity from its issue date).  The issue price of an issue of Notes 
   equals the first price at which a substantial amount of such Notes has 
   been sold (ignoring sales to bond houses, brokers, or similar persons 
   or organizations acting in the capacity of underwriters, placement 
   agents, or wholesalers).  The stated redemption price at maturity of a 
   Note is the sum of all payments provided by the Note other than 
   "qualified stated interest" payments.  The term "qualified stated 
   interest" generally means stated interest that is unconditionally 
   payable in cash or property (other than debt instruments of the 
   issuer) at least annually at a single fixed rate.  In addition, under 
   the OID Regulations, if a Note bears interest for one or more accrual 
   periods at a rate below the rate applicable for the remaining term of 
   such Note (e.g., Notes with interest holidays), and if the greater of 
   either the resulting foregone interest on such Note or any "true" 
   discount on such Note (i.e., the excess of the Note's stated principal 
   amount over its issue price) equals or exceeds a specified de minimis 
   amount, then the stated interest on the Note would be treated as 
   original issue discount rather than qualified stated interest. 
 
        Payments of qualified stated interest on a Note are taxable to a 
   U.S. Holder as ordinary interest income at the time such payments are 
   accrued or are received (in accordance with the U.S. Holder's regular 
   method of tax accounting).  A U.S. Holder of a Discount Note must 
   include original issue discount in income as ordinary interest for 
   United States Federal income tax purposes as it accrues under a 
   constant yield method in advance of receipt of the cash payments 
 
                                      2 
<PAGE>
  
 
 
 
 
 
   attributable to such income, regardless of such U.S. Holder's regular 
   method of tax accounting.  In general, the amount of original issue 
   discount included in income by the initial U.S. Holder of a Discount 
   Note is the sum of the daily portions of original issue discount with 
   respect to such Discount Note for each day during the taxable year (or 
   portion of the taxable year) on which such U.S. Holder held such 
   Discount Note.  The "daily portion" of original issue discount on any 
   Discount Note is determined by allocating to each day in any accrual 
   period a ratable portion of the original issue discount allocable to 
   that accrual period.  An "accrual period" may be of any length and the 
   accrual periods may vary in length over the term of the Discount Note, 
   provided that each accrual period is no longer than one year and each 
   scheduled payment of principal or interest occurs either on the final 
   day of an accrual period or on the first day of an accrual period.  
   The amount of original issue discount allocable to each accrual period 
   is generally equal to the difference between (i) the product of the 
   Discount Note's adjusted issue price at the beginning of such accrual 
   period and its yield to maturity (determined on the basis of 
   compounding at the close of each accrual period and appropriately 
   adjusted to take into account the length of the particular accrual 
   period) and (ii) the amount of any qualified stated interest payments 
   allocable to such accrual period.  The "adjusted issue price" of a 
   Discount Note at the beginning of any accrual period is the sum of the 
   issue price of the Discount Note plus the amount of original issue 
   discount allocable to all prior accrual periods minus the amount of 
   any prior payments on the Discount Note that were not qualified stated 
   interest payments. Under these rules, U.S. Holders generally will have 
   to include in income increasingly greater amounts of original issue 
   discount in successive accrual periods. 
 
        Certain of the Notes (i) may be redeemable at the option of the 
   Company prior to their stated maturity (a "call option") and/or (ii) 
   may be repayable at the option of the holder prior to their stated 
   maturity (a "put option").  Notes containing such features may be 
   subject to rules that differ from the general rules discussed above.  
   Investors intending to purchase Notes with such features should 
   consult their own tax advisors, since the original issue discount 
   consequences will depend, in part, on the particular terms and 
   features of the purchased Notes. 
 
        U.S. Holders may generally, upon election, include in income all 
   interest (including stated interest, acquisition discount, original 
   issue discount, de minimis original issue discount, market discount, 
   de minimis market discount, and unstated interest, as adjusted by any 
   amortizable bond premium or acquisition premium) that accrues on a 
   debt instrument by using the constant yield method applicable to 
   original issue discount, subject to certain limitations and 
   exceptions.  This election is only available for debt instruments 
   acquired on or after April 4, 1994. 
 
 
 
 
                                      3 
<PAGE>
  
 
 
 
 
 
   Backup Withholding 
 
        Backup withholding of United States federal income tax at a rate 
   of 31% may apply to payments made in respect of the Notes to 
   registered owners who are not "exempt recipients" and who fail to 
   provide certain identifying information (such as the registered 
   owner's taxpayer identification number) in the required manner.  
   Generally, individuals are not exempt recipients, whereas corporations 
   and certain other entities generally are exempt recipients.  Payments 
   made in respect of the Notes to a U.S. Holder must be reported to the 
   IRS, unless the U.S. Holder is an exempt recipient or establishes an 
   exemption.  Compliance with the identification procedures described in 
   the preceding section would establish an exemption from backup 
   withholding for those non-U.S. Holders who are not exempt recipients. 
 
        In addition, upon the sale of a Note to (or through) a broker, 
   the broker must withhold 31% of the entire purchase price, unless 
   either (i) the broker determines that the seller is a corporation or 
   other exempt recipient or (ii) the seller provides, in the required 
   manner, certain identifying information and, in the case of a non-U.S. 
   Holder, certifies that such seller is a non-U.S. Holder (and certain 
   other conditions are met).  Such a sale must also be reported by the 
   broker to the IRS, unless either (i) the broker determines that the 
   seller is an exempt recipient or (ii) the seller certifies its non- 
   U.S. status (and certain other conditions are met).  Certification of 
   the registered owner's non-U.S. status would be made normally on an 
   IRS Form W-8 under penalties of perjury, although in certain cases it 
   may be possible to submit other documentary evidence. 
 
        Any amount withheld under the backup withholding rules from a 
   payment to a beneficial owner would be allowed as a refund or a credit 
   against such beneficial owner's United States federal income tax 
   provided the required information is furnished to the IRS. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                      4 
<PAGE>
  
 
 
 
 
 
                                                         CUSIP #65119QAX1 
 
 
   Pricing Supplement No. 22                  Filing under Rule 424(b)(3) 
   Dated June 5, 1995                           Registration No. 33-46208 
   (To Prospectus and Prospectus Supplement dated April 15, 1992) 
 
 
                                $500,000,000 
                                 NEWELL CO. 
                              Medium-Term Notes 
              Due from 9 Months to 30 Years from Date of Issue 
 
         Principal Amount:               $5,000,000 
 
         Interest Rate:                  6.33% 
 
         Date of Issue:                  June 9, 1995 
         Maturity Date:                  June 10, 2002 
 
         Net Proceeds to Newell          $4,972,500 
         Co. 
         Discount to Agent as            0.55% of principal amount 
         Purchaser: 
 
   The Notes described in this Pricing Supplement will be issued in book- 
   entry only form. 
 
   The Notes described in this Pricing Supplement are being sold to Chase 
   Securities, Inc., as Principal, under a Distribution Agreement and 
   related Terms Agreement that commit Chase Securities, Inc. to take all 
   such Notes if any are taken.  The Company has been advised that Chase 
   Securities, Inc. proposes to offer the Notes to purchasers initially 
   at a price equal to 100% of principal amount plus accrued interest, if 
   any, from June 9, 1995.  Such price may be changed by Chase 
   Securities, Inc. after the initial offering. 
 
   Prior to the date of this Pricing Supplement, $253.0 million in 
   aggregate principal amount of Medium-Term Notes of the Company have 
   been sold and no other Debt Securities described in the Prospectus 
   dated April 15, 1992 have been sold prior to the date hereof.  
   Concurrently herewith, the Company is also selling $95,000,000 
   aggregate principal amount of Medium-Term Notes with a stated 
   "Maturity" of June 10, 2002 and bearing an interest rate of 6.40% at a 
   discount of 0.546643% of principal amount to Chase Securities, Inc., 
   as principal, which has advised the Company that it proposes to offer 
   such Notes to the public initially at a price equal to 100% of par 
   plus accrued interest, if any, from June 9, 1995.  Such price may be 
   changed by Chase Securities, Inc. after the initial offering. 
 
 
                           Chase Securities, Inc. 
<PAGE>
  
 
 
 
 
 
           CERTAIN UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS 
 
 
 
        The following discussion replaces the discussion contained in the 
   accompanying Prospectus Supplement dated April 15, 1992 under the 
   heading "Summary of Tax Consideration - U.S. Holders - Original Issue 
   Discount" and under the heading "Backup Withholding." 
 
        Original Issue Discount.  The following summary is a general 
   discussion of the United States Federal income tax consequences to 
   U.S. Holders of the purchase, ownership and disposition of Notes 
   issued with original issue discount ("Discount Notes").  The following 
   summary is based upon final Treasury regulations (the "OID 
   Regulations") issued by the Internal Revenue Service ("IRS") on 
   January 27, 1994 under the original issue discount provisions of the 
   Internal Revenue Code of 1986, as amended (the "Code").  The OID 
   Regulations, which replaced certain proposed original issue discount 
   regulations that were issued on December 21, 1992, generally apply to 
   debt instruments issued on or after April 4, 1994. 
 
        For United States Federal income tax purposes, original issue 
   discount is the excess of the stated redemption price at maturity of a 
   Note over its issue price, if such excess equals or exceeds a de 
   minimis amount (generally 1/4 of 1% of the Note's stated redemption 
   price at maturity multiplied by the number of complete years to its 
   maturity from its issue date).  The issue price of an issue of Notes 
   equals the first price at which a substantial amount of such Notes has 
   been sold (ignoring sales to bond houses, brokers, or similar persons 
   or organizations acting in the capacity of underwriters, placement 
   agents, or wholesalers).  The stated redemption price at maturity of a 
   Note is the sum of all payments provided by the Note other than 
   "qualified stated interest" payments.  The term "qualified stated 
   interest" generally means stated interest that is unconditionally 
   payable in cash or property (other than debt instruments of the 
   issuer) at least annually at a single fixed rate.  In addition, under 
   the OID Regulations, if a Note bears interest for one or more accrual 
   periods at a rate below the rate applicable for the remaining term of 
   such Note (e.g., Notes with interest holidays), and if the greater of 
   either the resulting foregone interest on such Note or any "true" 
   discount on such Note (i.e., the excess of the Note's stated principal 
   amount over its issue price) equals or exceeds a specified de minimis 
   amount, then the stated interest on the Note would be treated as 
   original issue discount rather than qualified stated interest. 
 
        Payments of qualified stated interest on a Note are taxable to a 
   U.S. Holder as ordinary interest income at the time such payments are 
   accrued or are received (in accordance with the U.S. Holder's regular 
   method of tax accounting).  A U.S. Holder of a Discount Note must 
   include original issue discount in income as ordinary interest for 
   United States Federal income tax purposes as it accrues under a 
   constant yield method in advance of receipt of the cash payments 
 
                                      6 
<PAGE>
  
 
 
 
 
 
   attributable to such income, regardless of such U.S. Holder's regular 
   method of tax accounting.  In general, the amount of original issue 
   discount included in income by the initial U.S. Holder of a Discount 
   Note is the sum of the daily portions of original issue discount with 
   respect to such Discount Note for each day during the taxable year (or 
   portion of the taxable year) on which such U.S. Holder held such 
   Discount Note.  The "daily portion" of original issue discount on any 
   Discount Note is determined by allocating to each day in any accrual 
   period a ratable portion of the original issue discount allocable to 
   that accrual period.  An "accrual period" may be of any length and the 
   accrual periods may vary in length over the term of the Discount Note, 
   provided that each accrual period is no longer than one year and each 
   scheduled payment of principal or interest occurs either on the final 
   day of an accrual period or on the first day of an accrual period.  
   The amount of original issue discount allocable to each accrual period 
   is generally equal to the difference between (i) the product of the 
   Discount Note's adjusted issue price at the beginning of such accrual 
   period and its yield to maturity (determined on the basis of 
   compounding at the close of each accrual period and appropriately 
   adjusted to take into account the length of the particular accrual 
   period) and (ii) the amount of any qualified stated interest payments 
   allocable to such accrual period.  The "adjusted issue price" of a 
   Discount Note at the beginning of any accrual period is the sum of the 
   issue price of the Discount Note plus the amount of original issue 
   discount allocable to all prior accrual periods minus the amount of 
   any prior payments on the Discount Note that were not qualified stated 
   interest payments. Under these rules, U.S. Holders generally will have 
   to include in income increasingly greater amounts of original issue 
   discount in successive accrual periods. 
 
        Certain of the Notes (i) may be redeemable at the option of the 
   Company prior to their stated maturity (a "call option") and/or (ii) 
   may be repayable at the option of the holder prior to their stated 
   maturity (a "put option").  Notes containing such features may be 
   subject to rules that differ from the general rules discussed above.  
   Investors intending to purchase Notes with such features should 
   consult their own tax advisors, since the original issue discount 
   consequences will depend, in part, on the particular terms and 
   features of the purchased Notes. 
 
        U.S. Holders may generally, upon election, include in income all 
   interest (including stated interest, acquisition discount, original 
   issue discount, de minimis original issue discount, market discount, 
   de minimis market discount, and unstated interest, as adjusted by any 
   amortizable bond premium or acquisition premium) that accrues on a 
   debt instrument by using the constant yield method applicable to 
   original issue discount, subject to certain limitations and 
   exceptions.  This election is only available for debt instruments 
   acquired on or after April 4, 1994. 
 
 
 
 
                                      7 
<PAGE>
  
 
 
 
 
 
   Backup Withholding 
 
        Backup withholding of United States federal income tax at a rate 
   of 31% may apply to payments made in respect of the Notes to 
   registered owners who are not "exempt recipients" and who fail to 
   provide certain identifying information (such as the registered 
   owner's taxpayer identification number) in the required manner.  
   Generally, individuals are not exempt recipients, whereas corporations 
   and certain other entities generally are exempt recipients.  Payments 
   made in respect of the Notes to a U.S. Holder must be reported to the 
   IRS, unless the U.S. Holder is an exempt recipient or establishes an 
   exemption.  Compliance with the identification procedures described in 
   the preceding section would establish an exemption from backup 
   withholding for those non-U.S. Holders who are not exempt recipients. 
 
        In addition, upon the sale of a Note to (or through) a broker, 
   the broker must withhold 31% of the entire purchase price, unless 
   either (i) the broker determines that the seller is a corporation or 
   other exempt recipient or (ii) the seller provides, in the required 
   manner, certain identifying information and, in the case of a non-U.S. 
   Holder, certifies that such seller is a non-U.S. Holder (and certain 
   other conditions are met).  Such a sale must also be reported by the 
   broker to the IRS, unless either (i) the broker determines that the 
   seller is an exempt recipient or (ii) the seller certifies its non- 
   U.S. status (and certain other conditions are met).  Certification of 
   the registered owner's non-U.S. status would be made normally on an 
   IRS Form W-8 under penalties of perjury, although in certain cases it 
   may be possible to submit other documentary evidence. 
 
        Any amount withheld under the backup withholding rules from a 
   payment to a beneficial owner would be allowed as a refund or a credit 
   against such beneficial owner's United States federal income tax 
   provided the required information is furnished to the IRS. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                      8 
<PAGE>
  
 
 
 
 
 
                                                         CUSIP #65119QAY9 
 
 
 
   Pricing Supplement No. 23                  Filing under Rule 424(b)(3) 
   Dated June 5, 1995                           Registration No. 33-46208 
   (To Prospectus and Prospectus Supplement dated April 15, 1992) 
 
 
                                $500,000,000 
                                 NEWELL CO. 
                              Medium-Term Notes 
              Due from 9 Months to 30 Years from Date of Issue 
 
         Principal Amount:               $95,000,000 
 
         Interest Rate:                  6.40% 
 
         Date of Issue:                  June 9, 1995 
         Maturity Date:                  June 10, 2002 
 
         Net Proceeds to Newell          $94,480,689 
         Co.: 
         Discount to Agent as            0.546643% of principal 
         Purchaser:                      amount 
 
   The Notes described in this Pricing Supplement will be issued in book- 
   entry only form. 
 
   The Notes described in this Pricing Supplement are being sold to Chase 
   Securities, Inc., as Principal, under a Distribution Agreement and 
   related Terms Agreement that commit Chase Securities, Inc. to take all 
   such Notes if any are taken.  The Company has been advised that Chase 
   Securities, Inc. proposes to offer the Notes to purchasers initially 
   at a price equal to 100% of principal amount plus accrued interest, if 
   any, from June 9, 1995.  Such price may be changed by Chase 
   Securities, Inc. after the initial offering. 
 
   Prior to the date of this Pricing Supplement, $253.0 million in 
   aggregate principal amount of Medium-Term Notes of the Company have 
   been sold and no other Debt Securities described in the Prospectus 
   dated April 15, 1992 have been sold prior to the date hereof.  
   Concurrently herewith, the Company is also selling $5,000,000 
   aggregate principal amount of Medium-Term Notes with a Stated Maturity 
   of June 10, 2002 and bearing an interest rate of 6.33% at a discount 
   of 0.55% of principal amount to Chase Securities, Inc., as principal, 
   which has advised the  Company that it proposes to offer such Notes to 
   the public initially at a price equal to 100% par plus accrued 
   interest, if any, from June 9, 1995.  Such price may be changed by 
   Chase Securities, Inc. after the initial offering. 
 
                           Chase Securities, Inc. 
<PAGE>
  
 
 
 
 
 
           CERTAIN UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS 
 
 
 
        The following discussion replaces the discussion contained in the 
   accompanying Prospectus Supplement dated April 15, 1992 under the 
   heading "Summary of Tax Consideration - U.S. Holders - Original Issue 
   Discount" and under the heading "Backup Withholding." 
 
        Original Issue Discount.  The following summary is a general 
   discussion of the United States Federal income tax consequences to 
   U.S. Holders of the purchase, ownership and disposition of Notes 
   issued with original issue discount ("Discount Notes").  The following 
   summary is based upon final Treasury regulations (the "OID 
   Regulations") issued by the Internal Revenue Service ("IRS") on 
   January 27, 1994 under the original issue discount provisions of the 
   Internal Revenue Code of 1986, as amended (the "Code").  The OID 
   Regulations, which replaced certain proposed original issue discount 
   regulations that were issued on December 21, 1992, generally apply to 
   debt instruments issued on or after April 4, 1994. 
 
        For United States Federal income tax purposes, original issue 
   discount is the excess of the stated redemption price at maturity of a 
   Note over its issue price, if such excess equals or exceeds a de 
   minimis amount (generally 1/4 of 1% of the Note's stated redemption 
   price at maturity multiplied by the number of complete years to its 
   maturity from its issue date).  The issue price of an issue of Notes 
   equals the first price at which a substantial amount of such Notes has 
   been sold (ignoring sales to bond houses, brokers, or similar persons 
   or organizations acting in the capacity of underwriters, placement 
   agents, or wholesalers).  The stated redemption price at maturity of a 
   Note is the sum of all payments provided by the Note other than 
   "qualified stated interest" payments.  The term "qualified stated 
   interest" generally means stated interest that is unconditionally 
   payable in cash or property (other than debt instruments of the 
   issuer) at least annually at a single fixed rate.  In addition, under 
   the OID Regulations, if a Note bears interest for one or more accrual 
   periods at a rate below the rate applicable for the remaining term of 
   such Note (e.g., Notes with interest holidays), and if the greater of 
   either the resulting foregone interest on such Note or any "true" 
   discount on such Note (i.e., the excess of the Note's stated principal 
   amount over its issue price) equals or exceeds a specified de minimis 
   amount, then the stated interest on the Note would be treated as 
   original issue discount rather than qualified stated interest. 
 
        Payments of qualified stated interest on a Note are taxable to a 
   U.S. Holder as ordinary interest income at the time such payments are 
   accrued or are received (in accordance with the U.S. Holder's regular 
   method of tax accounting).  A U.S. Holder of a Discount Note must 
   include original issue discount in income as ordinary interest for 
   United States Federal income tax purposes as it accrues under a 
   constant yield method in advance of receipt of the cash payments 
 
                                      10 
<PAGE>
  
 
 
 
 
 
   attributable to such income, regardless of such U.S. Holder's regular 
   method of tax accounting.  In general, the amount of original issue 
   discount included in income by the initial U.S. Holder of a Discount 
   Note is the sum of the daily portions of original issue discount with 
   respect to such Discount Note for each day during the taxable year (or 
   portion of the taxable year) on which such U.S. Holder held such 
   Discount Note.  The "daily portion" of original issue discount on any 
   Discount Note is determined by allocating to each day in any accrual 
   period a ratable portion of the original issue discount allocable to 
   that accrual period.  An "accrual period" may be of any length and the 
   accrual periods may vary in length over the term of the Discount Note, 
   provided that each accrual period is no longer than one year and each 
   scheduled payment of principal or interest occurs either on the final 
   day of an accrual period or on the first day of an accrual period.  
   The amount of original issue discount allocable to each accrual period 
   is generally equal to the difference between (i) the product of the 
   Discount Note's adjusted issue price at the beginning of such accrual 
   period and its yield to maturity (determined on the basis of 
   compounding at the close of each accrual period and appropriately 
   adjusted to take into account the length of the particular accrual 
   period) and (ii) the amount of any qualified stated interest payments 
   allocable to such accrual period.  The "adjusted issue price" of a 
   Discount Note at the beginning of any accrual period is the sum of the 
   issue price of the Discount Note plus the amount of original issue 
   discount allocable to all prior accrual periods minus the amount of 
   any prior payments on the Discount Note that were not qualified stated 
   interest payments. Under these rules, U.S. Holders generally will have 
   to include in income increasingly greater amounts of original issue 
   discount in successive accrual periods. 
 
        Certain of the Notes (i) may be redeemable at the option of the 
   Company prior to their stated maturity (a "call option") and/or (ii) 
   may be repayable at the option of the holder prior to their stated 
   maturity (a "put option").  Notes containing such features may be 
   subject to rules that differ from the general rules discussed above.  
   Investors intending to purchase Notes with such features should 
   consult their own tax advisors, since the original issue discount 
   consequences will depend, in part, on the particular terms and 
   features of the purchased Notes. 
 
        U.S. Holders may generally, upon election, include in income all 
   interest (including stated interest, acquisition discount, original 
   issue discount, de minimis original issue discount, market discount, 
   de minimis market discount, and unstated interest, as adjusted by any 
   amortizable bond premium or acquisition premium) that accrues on a 
   debt instrument by using the constant yield method applicable to 
   original issue discount, subject to certain limitations and 
   exceptions.  This election is only available for debt instruments 
   acquired on or after April 4, 1994. 
 
 
   Backup Withholding 
 
                                      11 
<PAGE>
  
 
 
 
 
 
        Backup withholding of United States federal income tax at a rate 
   of 31% may apply to payments made in respect of the Notes to 
   registered owners who are not "exempt recipients" and who fail to 
   provide certain identifying information (such as the registered 
   owner's taxpayer identification number) in the required manner.  
   Generally, individuals are not exempt recipients, whereas corporations 
   and certain other entities generally are exempt recipients.  Payments 
   made in respect of the Notes to a U.S. Holder must be reported to the 
   IRS, unless the U.S. Holder is an exempt recipient or establishes an 
   exemption.  Compliance with the identification procedures described in 
   the preceding section would establish an exemption from backup 
   withholding for those non-U.S. Holders who are not exempt recipients. 
 
        In addition, upon the sale of a Note to (or through) a broker, 
   the broker must withhold 31% of the entire purchase price, unless 
   either (i) the broker determines that the seller is a corporation or 
   other exempt recipient or (ii) the seller provides, in the required 
   manner, certain identifying information and, in the case of a non-U.S. 
   Holder, certifies that such seller is a non-U.S. Holder (and certain 
   other conditions are met).  Such a sale must also be reported by the 
   broker to the IRS, unless either (i) the broker determines that the 
   seller is an exempt recipient or (ii) the seller certifies its non- 
   U.S. status (and certain other conditions are met).  Certification of 
   the registered owner's non-U.S. status would be made normally on an 
   IRS Form W-8 under penalties of perjury, although in certain cases it 
   may be possible to submit other documentary evidence. 
 
        Any amount withheld under the backup withholding rules from a 
   payment to a beneficial owner would be allowed as a refund or a credit 
   against such beneficial owner's United States federal income tax 
   provided the required information is furnished to the IRS. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                      12 
<PAGE>
  
 
                                                         CUSIP #65119QAZ6 
 
 
 
   Pricing Supplement No. 24                  Filing under Rule 424(b)(3) 
   Dated July 6, 1995                           Registration No. 33-46208 
   (To Prospectus and Prospectus Supplement dated April 15, 1992) 
 
 
                                $500,000,000 
                                 NEWELL CO. 
                              Medium-Term Notes 
              Due from 9 Months to 30 Years from Date of Issue 
 
         Principal Amount:               $25,000,000 
 
         Interest Rate:                  6.18% 
         Date of Issue:                  July 11, 1995 
 
         Maturity Date:                  July 11, 2000 
 
         Net Proceeds to Newell          $24,875,000 
         Co.: 
         Discount to Agent as            0.50% of principal amount 
         Purchaser: 
 
   The Notes described in this Pricing Supplement will be issued in book- 
   entry only form. 
 
   The Notes described in this Pricing Supplement are being sold to 
   Morgan Stanley & Co. Incorporated, as Principal, under a Distribution 
   Agreement and related Terms Agreement that commit Morgan Stanley & Co. 
   Incorporated to take all such Notes if any are taken. The  Company has 
   been advised that Morgan Stanley & Co. Incorporated proposes to offer 
   the Notes to purchasers initially at a price equal to 100% of 
   principal amount plus accrued interest, if any, from July 11, 1995.  
   Such price may be changed by Morgan Stanley & Co. Incorporated after 
   the initial offering. 
 
   Prior to the date of this Pricing Supplement, $353.0 million in 
   aggregate principal amount of Medium-Term Notes of the Company have 
   been sold and no other Debt Securities described in the Prospectus 
   dated April 15, 1992 have been sold prior to the date hereof.  
   Concurrently herewith, the Company is also selling $25,000,000 
   aggregate principal amount of Medium-Term Notes with a Stated Maturity 
   of July 11, 2000 and bearing an interest rate of 6.18% at a discount 
   of 0.50% of principal amount to Merrill Lynch & Co., as principal, 
   which has advised the Company that it proposes to offer such Notes to 
   the public initially at a price equal to 100% par plus accrued 
   interest, if any, from July 11, 1995.  Such price may be changed by 
   Merrill Lynch & Co. after the initial  offering. 
 
                      Morgan Stanley & Co. Incorporated 
<PAGE>
  
 
           CERTAIN UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS 
 
 
 
        The following discussion replaces the discussion contained in the 
   accompanying Prospectus Supplement dated April 15, 1992 under the 
   heading "Summary of Tax Consideration - U.S. Holders - Original Issue 
   Discount" and under the heading "Backup Withholding." 
 
        Original Issue Discount.  The following summary is a general 
   discussion of the United States Federal income tax consequences to 
   U.S. Holders of the purchase, ownership and disposition of Notes 
   issued with original issue discount ("Discount Notes").  The following 
   summary is based upon final Treasury regulations (the "OID 
   Regulations") issued by the Internal Revenue Service ("IRS") on 
   January 27, 1994 under the original issue discount provisions of the 
   Internal Revenue Code of 1986, as amended (the "Code").  The OID 
   Regulations, which replaced certain proposed original issue discount 
   regulations that were issued on December 21, 1992, generally apply to 
   debt instruments issued on or after April 4, 1994. 
 
        For United States Federal income tax purposes, original issue 
   discount is the excess of the stated redemption price at maturity of a 
   Note over its issue price, if such excess equals or exceeds a de 
   minimis amount (generally 1/4 of 1% of the Note's stated redemption 
   price at maturity multiplied by the number of complete years to its 
   maturity from its issue date).  The issue price of an issue of Notes 
   equals the first price at which a substantial amount of such Notes has 
   been sold (ignoring sales to bond houses, brokers, or similar persons 
   or organizations acting in the capacity of underwriters, placement 
   agents, or wholesalers).  The stated redemption price at maturity of a 
   Note is the sum of all payments provided by the Note other than 
   "qualified stated interest" payments.  The term "qualified stated 
   interest" generally means stated interest that is unconditionally 
   payable in cash or property (other than debt instruments of the 
   issuer) at least annually at a single fixed rate.  In addition, under 
   the OID Regulations, if a Note bears interest for one or more accrual 
   periods at a rate below the rate applicable for the remaining term of 
   such Note (e.g., Notes with interest holidays), and if the greater of 
   either the resulting foregone interest on such Note or any "true" 
   discount on such Note (i.e., the excess of the Note's stated principal 
   amount over its issue price) equals or exceeds a specified de minimis 
   amount, then the stated interest on the Note would be treated as 
   original issue discount rather than qualified stated interest. 
 
        Payments of qualified stated interest on a Note are taxable to a 
   U.S. Holder as ordinary interest income at the time such payments are 
   accrued or are received (in accordance with the U.S. Holder's regular 
   method of tax accounting).  A U.S. Holder of a Discount Note must 
   include original issue discount in income as ordinary interest for 
   United States Federal income tax purposes as it accrues under a 
   constant yield method in advance of receipt of the cash payments 
   attributable to such income, regardless of such U.S. Holder's regular 
   method of tax accounting.  In general, the amount of original issue 
   discount included in income by the initial U.S. Holder of a Discount 
   Note is the sum of the daily portions of original issue discount with 
 
                                      14 
<PAGE>
  
 
   respect to such Discount Note for each day during the taxable year (or 
   portion of the taxable year) on which such U.S. Holder held such 
   Discount Note.  The "daily portion" of original issue discount on any 
   Discount Note is determined by allocating to each day in any accrual 
   period a ratable portion of the original issue discount allocable to 
   that accrual period.  An "accrual period" may be of any length and the 
   accrual periods may vary in length over the term of the Discount Note, 
   provided that each accrual period is no longer than one year and each 
   scheduled payment of principal or interest occurs either on the final 
   day of an accrual period or on the first day of an accrual period.  
   The amount of original issue discount allocable to each accrual period 
   is generally equal to the difference between (i) the product of the 
   Discount Note's adjusted issue price at the beginning of such accrual 
   period and its yield to maturity (determined on the basis of 
   compounding at the close of each accrual period and appropriately 
   adjusted to take into account the length of the particular accrual 
   period) and (ii) the amount of any qualified stated interest payments 
   allocable to such accrual period.  The "adjusted issue price" of a 
   Discount Note at the beginning of any accrual period is the sum of the 
   issue price of the Discount Note plus the amount of original issue 
   discount allocable to all prior accrual periods minus the amount of 
   any prior payments on the Discount Note that were not qualified stated 
   interest payments. Under these rules, U.S. Holders generally will have 
   to include in income increasingly greater amounts of original issue 
   discount in successive accrual periods. 
 
        Certain of the Notes (i) may be redeemable at the option of the 
   Company prior to their stated maturity (a "call option") and/or (ii) 
   may be repayable at the option of the holder prior to their stated 
   maturity (a "put option").  Notes containing such features may be 
   subject to rules that differ from the general rules discussed above.  
   Investors intending to purchase Notes with such features should 
   consult their own tax advisors, since the original issue discount 
   consequences will depend, in part, on the particular terms and 
   features of the purchased Notes. 
 
        U.S. Holders may generally, upon election, include in income all 
   interest (including stated interest, acquisition discount, original 
   issue discount, de minimis original issue discount, market discount, 
   de minimis market discount, and unstated interest, as adjusted by any 
   amortizable bond premium or acquisition premium) that accrues on a 
   debt instrument by using the constant yield method applicable to 
   original issue discount, subject to certain limitations and 
   exceptions.  This election is only available for debt instruments 
   acquired on or after April 4, 1994. 
 
 
   Backup Withholding 
 
        Backup withholding of United States federal income tax at a rate 
   of 31% may apply to payments made in respect of the Notes to 
   registered owners who are not "exempt recipients" and who fail to 
   provide certain identifying information (such as the registered 
   owner's taxpayer identification number) in the required manner.  
   Generally, individuals are not exempt recipients, whereas corporations 
   and certain other entities generally are exempt recipients.  Payments 
 
                                      15 
<PAGE>
  
 
   made in respect of the Notes to a U.S. Holder must be reported to the 
   IRS, unless the U.S. Holder is an exempt recipient or establishes an 
   exemption.  Compliance with the identification procedures described in 
   the preceding section would establish an exemption from backup 
   withholding for those non-U.S. Holders who are not exempt recipients. 
 
        In addition, upon the sale of a Note to (or through) a broker, 
   the broker must withhold 31% of the entire purchase price, unless 
   either (i) the broker determines that the seller is a corporation or 
   other exempt recipient or (ii) the seller provides, in the required 
   manner, certain identifying information and, in the case of a non-U.S. 
   Holder, certifies that such seller is a non-U.S. Holder (and certain 
   other conditions are met).  Such a sale must also be reported by the 
   broker to the IRS, unless either (i) the broker determines that the 
   seller is an exempt recipient or (ii) the seller certifies its non- 
   U.S. status (and certain other conditions are met).  Certification of 
   the registered owner's non-U.S. status would be made normally on an 
   IRS Form W-8 under penalties of perjury, although in certain cases it 
   may be possible to submit other documentary evidence. 
 
        Any amount withheld under the backup withholding rules from a 
   payment to a beneficial owner would be allowed as a refund or a credit 
   against such beneficial owner's United States federal income tax 
   provided the required information is furnished to the IRS. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                      16 
<PAGE>
  
 
                                                         CUSIP #65119QAZ6 
 
 
   Pricing Supplement No. 25                  Filing under Rule 424(b)(3) 
   Dated July 6, 1995                           Registration No. 33-46208 
   (To Prospectus and Prospectus Supplement dated April 15, 1992) 
 
 
                                $500,000,000 
                                 NEWELL CO. 
                              Medium-Term Notes 
              Due from 9 Months to 30 Years from Date of Issue 
 
         Principal Amount:               $25,000,000 
 
         Interest Rate:                  6.18% 
         Date of Issue:                  July 11, 1995 
 
         Maturity Date:                  July 11, 2000 
 
         Net Proceeds to Newell          $24,875,000 
         Co.: 
         Discount to Agent as            0.50% of principal amount 
         Purchaser: 
 
   The Notes described in this Pricing Supplement will be issued in book- 
   entry only form. 
 
   The Notes described in this Pricing Supplement are being sold to 
   Merrill Lynch, Pierce, Fenner & Smith, Inc. ("Merrill Lynch & Co."), 
   as Principal, under a Distribution Agreement and related Terms 
   Agreement that commit Merrill Lynch & Co. to take all such Notes if 
   any are taken.  The Company has been advised that Merrill Lynch & Co. 
   proposes to offer the Notes to purchasers initially at a price equal 
   to 100% of principal amount plus accrued interest, if any, from 
   July 11, 1995.  Such price may be changed by Merrill Lynch & Co. after 
   the initial offering. 
 
   Prior to the date of this Pricing Supplement, $353.0 million in 
   aggregate principal amount of Medium-Term Notes of the Company have 
   been sold and no other Debt Securities described in the Prospectus 
   dated April 15, 1992 have been sold prior to the date hereof.  
   Concurrently herewith, the Company is also selling $25,000,000 
   aggregate principal amount of Medium-Term Notes with a Stated Maturity 
   of July 11, 2000 and bearing an interest rate of 6.18% at a discount 
   of 0.50% of principal amount to Morgan Stanley & Co. Incorporated, as 
   principal, which has advised the Company that it proposes to offer 
   such Notes to the public initially at a price equal to 100% par plus 
   accrued interest, if any, from July 11, 1995.  Such price may be 
   changed by Morgan Stanley & Co. Incorporated after the initial 
   offering. 
 
                             Merrill Lynch & Co. 
<PAGE>
  
 
           CERTAIN UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS 
 
 
 
        The following discussion replaces the discussion contained in the 
   accompanying Prospectus Supplement dated April 15, 1992 under the 
   heading "Summary of Tax Consideration - U.S. Holders - Original Issue 
   Discount" and under the heading "Backup Withholding." 
 
        Original Issue Discount.  The following summary is a general 
   discussion of the United States Federal income tax consequences to 
   U.S. Holders of the purchase, ownership and disposition of Notes 
   issued with original issue discount ("Discount Notes").  The following 
   summary is based upon final Treasury regulations (the "OID 
   Regulations") issued by the Internal Revenue Service ("IRS") on 
   January 27, 1994 under the original issue discount provisions of the 
   Internal Revenue Code of 1986, as amended (the "Code").  The OID 
   Regulations, which replaced certain proposed original issue discount 
   regulations that were issued on December 21, 1992, generally apply to 
   debt instruments issued on or after April 4, 1994. 
 
        For United States Federal income tax purposes, original issue 
   discount is the excess of the stated redemption price at maturity of a 
   Note over its issue price, if such excess equals or exceeds a de 
   minimis amount (generally 1/4 of 1% of the Note's stated redemption 
   price at maturity multiplied by the number of complete years to its 
   maturity from its issue date).  The issue price of an issue of Notes 
   equals the first price at which a substantial amount of such Notes has 
   been sold (ignoring sales to bond houses, brokers, or similar persons 
   or organizations acting in the capacity of underwriters, placement 
   agents, or wholesalers).  The stated redemption price at maturity of a 
   Note is the sum of all payments provided by the Note other than 
   "qualified stated interest" payments.  The term "qualified stated 
   interest" generally means stated interest that is unconditionally 
   payable in cash or property (other than debt instruments of the 
   issuer) at least annually at a single fixed rate.  In addition, under 
   the OID Regulations, if a Note bears interest for one or more accrual 
   periods at a rate below the rate applicable for the remaining term of 
   such Note (e.g., Notes with interest holidays), and if the greater of 
   either the resulting foregone interest on such Note or any "true" 
   discount on such Note (i.e., the excess of the Note's stated principal 
   amount over its issue price) equals or exceeds a specified de minimis 
   amount, then the stated interest on the Note would be treated as 
   original issue discount rather than qualified stated interest. 
 
        Payments of qualified stated interest on a Note are taxable to a 
   U.S. Holder as ordinary interest income at the time such payments are 
   accrued or are received (in accordance with the U.S. Holder's regular 
   method of tax accounting).  A U.S. Holder of a Discount Note must 
   include original issue discount in income as ordinary interest for 
   United States Federal income tax purposes as it accrues under a 
   constant yield method in advance of receipt of the cash payments 
   attributable to such income, regardless of such U.S. Holder's regular 
   method of tax accounting.  In general, the amount of original issue 
   discount included in income by the initial U.S. Holder of a Discount 
   Note is the sum of the daily portions of original issue discount with 
 
                                      18 
<PAGE>
  
 
   respect to such Discount Note for each day during the taxable year (or 
   portion of the taxable year) on which such U.S. Holder held such 
   Discount Note.  The "daily portion" of original issue discount on any 
   Discount Note is determined by allocating to each day in any accrual 
   period a ratable portion of the original issue discount allocable to 
   that accrual period.  An "accrual period" may be of any length and the 
   accrual periods may vary in length over the term of the Discount Note, 
   provided that each accrual period is no longer than one year and each 
   scheduled payment of principal or interest occurs either on the final 
   day of an accrual period or on the first day of an accrual period.  
   The amount of original issue discount allocable to each accrual period 
   is generally equal to the difference between (i) the product of the 
   Discount Note's adjusted issue price at the beginning of such accrual 
   period and its yield to maturity (determined on the basis of 
   compounding at the close of each accrual period and appropriately 
   adjusted to take into account the length of the particular accrual 
   period) and (ii) the amount of any qualified stated interest payments 
   allocable to such accrual period.  The "adjusted issue price" of a 
   Discount Note at the beginning of any accrual period is the sum of the 
   issue price of the Discount Note plus the amount of original issue 
   discount allocable to all prior accrual periods minus the amount of 
   any prior payments on the Discount Note that were not qualified stated 
   interest payments. Under these rules, U.S. Holders generally will have 
   to include in income increasingly greater amounts of original issue 
   discount in successive accrual periods. 
 
        Certain of the Notes (i) may be redeemable at the option of the 
   Company prior to their stated maturity (a "call option") and/or (ii) 
   may be repayable at the option of the holder prior to their stated 
   maturity (a "put option").  Notes containing such features may be 
   subject to rules that differ from the general rules discussed above.  
   Investors intending to purchase Notes with such features should 
   consult their own tax advisors, since the original issue discount 
   consequences will depend, in part, on the particular terms and 
   features of the purchased Notes. 
 
        U.S. Holders may generally, upon election, include in income all 
   interest (including stated interest, acquisition discount, original 
   issue discount, de minimis original issue discount, market discount, 
   de minimis market discount, and unstated interest, as adjusted by any 
   amortizable bond premium or acquisition premium) that accrues on a 
   debt instrument by using the constant yield method applicable to 
   original issue discount, subject to certain limitations and 
   exceptions.  This election is only available for debt instruments 
   acquired on or after April 4, 1994. 
 
 
   Backup Withholding 
 
        Backup withholding of United States federal income tax at a rate 
   of 31% may apply to payments made in respect of the Notes to 
   registered owners who are not "exempt recipients" and who fail to 
   provide certain identifying information (such as the registered 
   owner's taxpayer identification number) in the required manner.  
   Generally, individuals are not exempt recipients, whereas corporations 
   and certain other entities generally are exempt recipients.  Payments 
 
                                      19 
<PAGE>
  
 
   made in respect of the Notes to a U.S. Holder must be reported to the 
   IRS, unless the U.S. Holder is an exempt recipient or establishes an 
   exemption.  Compliance with the identification procedures described in 
   the preceding section would establish an exemption from backup 
   withholding for those non-U.S. Holders who are not exempt recipients. 
 
        In addition, upon the sale of a Note to (or through) a broker, 
   the broker must withhold 31% of the entire purchase price, unless 
   either (i) the broker determines that the seller is a corporation or 
   other exempt recipient or (ii) the seller provides, in the required 
   manner, certain identifying information and, in the case of a non-U.S. 
   Holder, certifies that such seller is a non-U.S. Holder (and certain 
   other conditions are met).  Such a sale must also be reported by the 
   broker to the IRS, unless either (i) the broker determines that the 
   seller is an exempt recipient or (ii) the seller certifies its non- 
   U.S. status (and certain other conditions are met).  Certification of 
   the registered owner's non-U.S. status would be made normally on an 
   IRS Form W-8 under penalties of perjury, although in certain cases it 
   may be possible to submit other documentary evidence. 
 
        Any amount withheld under the backup withholding rules from a 
   payment to a beneficial owner would be allowed as a refund or a credit 
   against such beneficial owner's United States federal income tax 
   provided the required information is furnished to the IRS. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                      20
<PAGE>