<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>                       9-MOS                        
<FISCAL-YEAR-END>                                DEC-31-1997
<PERIOD-END>                                     SEP-30-1997
<CASH>                                                20,789   
<SECURITIES>                                               0  
<RECEIVABLES>                                        554,575
<ALLOWANCES>                                         (17,842) <F1>  
<INVENTORY>                                          669,173
<CURRENT-ASSETS>                                   1,407,974
<PP&E>                                             1,084,005  <F2>
<DEPRECIATION>                                      (403,627) <F2> 
<TOTAL-ASSETS>                                      3,976,735
<CURRENT-LIABILITIES>                                699,579
<BONDS>                                            1,349,809
<PREFERRED-MANDATORY>                                      0
<PREFERRED>                                                0
<COMMON>                                             159,133
<OTHER-SE>                                         1,484,670   
<TOTAL-LIABILITY-AND-EQUITY>                       3,976,735 
<SALES>                                            2,320,199   
<TOTAL-REVENUES>                                     741,838   
<CGS>                                              1,578,361   
<TOTAL-COSTS>                                      1,926,878   
<OTHER-EXPENSES>                                      62,506   
<LOSS-PROVISION>                                       3,110  <F1>
<INTEREST-EXPENSE>                                    52,515
<INCOME-PRETAX>                                      330,815
<INCOME-TAX>                                         131,003
<INCOME-CONTINUING>                                  199,812
<DISCONTINUED>                                             0
<EXTRAORDINARY>                                            0
<CHANGES>                                                  0
<NET-INCOME>                                         199,812
<EPS-PRIMARY>                                           1.26   
<EPS-DILUTED>                                           1.26  

<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 notes to consolidated financial statements.