<ARTICLE> 5
<LEGEND>  This schedule contains summary financial information
          extracted from the Newell Co. and Subsidiaries
          Consolidated Balance Sheets and Statements of Income
          and is qualified in its entirety by reference to such
          financial statements.
<MULTIPLIER> 1,000
       
                                
<PERIOD-TYPE>                      12-MOS
<FISCAL-YEAR-END>                                DEC-31-1994
<PERIOD-END>                                     DEC-31-1994
<CASH>                                                14,892
<SECURITIES>                                               0
<RECEIVABLES>                                        346,692
<ALLOWANCES>                                         (10,886) <F1>
<INVENTORY>                                          420,654
<CURRENT-ASSETS>                                     917,671
<PP&E>                                               690,174  <F2>
<DEPRECIATION>                                      (235,577) <F2>
<TOTAL-ASSETS>                                     2,488,276
<CURRENT-LIABILITIES>                                784,024
<BONDS>                                              408,986
<COMMON>                                             157,844
<PREFERRED-MANDATORY>                                      0
<PREFERRED>                                                0
<OTHER-SE>                                           967,482
<TOTAL-LIABILITY-AND-EQUITY>                       2,488,276
<SALES>                                            2,074,934
<TOTAL-REVENUES>                                     671,148
<CGS>                                              1,403,786
<TOTAL-COSTS>                                      1,403,786
<OTHER-EXPENSES>                                     309,106
<LOSS-PROVISION>                                       2,780  <F1>
<INTEREST-EXPENSE>                                    29,970
<INCOME-PRETAX>                                      329,292
<INCOME-TAX>                                         133,717
<INCOME-CONTINUING>                                  195,575
<DISCONTINUED>                                             0
<EXTRAORDINARY>                                            0
<CHANGES>                                                  0
<NET-INCOME>                                         195,575
<EPS-PRIMARY>                                           1.24
<EPS-DILUTED>                                           1.24

<FN>
<F1>  Allowances for doubtful accounts are reported as contra accounts to accounts
receivable.  The corporate reserve for bad debts is a percentage of trade
receivables based on the bad debts experienced in one or more past years, general
economic conditions, the age of the receivables and other factors that indicate the
element of uncollectibility in the receivables outstanding at the end of the period.
<F2>  See note 1 to consolidated financial statements.