<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-31-1998
    <PERIOD-END>                     SEP-30-1998
    <CASH>                           34,280
    <SECURITIES>                     8,163
    <RECEIVABLES>                    670,193
    <ALLOWANCES>                     (21,074)  <F1>
    <INVENTORY>                      776,093
    <CURRENT-ASSETS>                 1,767,370
    <PP&E>                           1,340,035  <F2>
    <DEPRECIATION>                   (505,549)  <F2>
    <TOTAL-ASSETS>                   4,603,718
    <CURRENT-LIABILITIES>            1,061,675
    <BONDS>                          912,650
    <PREFERRED-MANDATORY>            500,000
    <PREFERRED>                      0
    <COMMON>                         162,634
    <OTHER-SE>                       1,722,897
    <TOTAL-LIABILITY-AND-EQUITY>     4,603,718
    <SALES>                          2,650,263
    <TOTAL-REVENUES>                 863,623
    <CGS>                            1,722,897
    <TOTAL-COSTS>                    2,232,024
    <OTHER-EXPENSES>                (169,307)
    <LOSS-PROVISION>                 3,528  <F1>
    <INTEREST-EXPENSE>               43,966
    <INCOME-PRETAX>                  587,546
    <INCOME-TAX>                     250,740
    <INCOME-CONTINUING>              336,806
    <DISCONTINUED>                   0
    <EXTRAORDINARY>                  0
    <CHANGES>                        0
    <NET-INCOME>                     336,806
    <EPS-PRIMARY>                    2.07

    <EPS-DILUTED>                    2.02

    <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 5 to consolidated financial 
                                     statements.