Pricing Supplement No. 5 Dated November 12, 1998 Rule 424(b)(2) (To Prospectus dated June 9, 1997 and File No. 33-64225 Prospectus Supplement dated June 9, 1997) NEWELL CO. Medium-Term Notes, Series A $30,000,000 5.78% Senior Notes Trade Date: November 12, 1998 Original Issue Date: November 17, 1998 Principal Amount: $30,000,000 Initial Price to Public: 100% of Principal Amount, plus accrued interest, if any, from and including November 17, 1998 Interest Rate: 5.78% Interest Payment Dates: May 17 and November 17 of each year, commencing May 17, 1999 Maturity Date: November 17, 2005 Discount to Agent (as percentage of principal amount) .60% Net Proceeds to Company (as percentage of principal amount): 99.40% As of the date hereof, $470,500,000 in aggregate principal amount of Medium-Term Notes, Series A, of the Company have been sold (including the Notes to which this Pricing Supplement relates). ______________________________________________________________________ Form: /X/ Book-Entry /_/ Certificated Original Issue Discount Note: /_/ Yes /X/ No ______________________________________________________________________ Agent: Chase Securities Inc. Agent is acting in the capacity as indicated below: /_/ Agent /X/ Principal ______________________________________________________________________ CHASE SECURITIES INC.