Rule 424(b)(2)
                                                      Registration No. 33-62300



PRICING SUPPLEMENT NO. 3 DATED September 19, 1994

(To Prospectus Dated August 4, 1994, as supplemented
by Prospectus Supplement Dated August 4,1994)

                              HONEYWELL INC.

                        MEDIUM-TERM NOTES, SERIES A

Form of Note:                         Issue Price (Dollar Amount and Percentage
                                      of Principal) Amount: $10,000,000 / 100%

/X/ Book-Entry                       Interest Rate/Initial Interest Rate: 7.25%
/ / Certified

Principal Amount: $10,000,000         Interest Payment Dates: June 15 and
                                                              December 15

Original Issue Date: Sept. 23, 1994   Regular Record Dates: June 1 and
                                                            December 1

Maturity Date: March 23, 1998         Interest Determination Dates:____________

Interest Rate Basis(and,if            Interest Reset Dates:____________________
applicable, related Interest
Periods):

/X/ Fixed Rate Note                  Index Maturity:__________________________
/ / Commercial Paper Rate Note
/ / Federal Funds Rate Note          Spread:__________________________________
/ / LIBOR Note
/ / Prime Rate Note                  Spread Multiplier:_______________________
/ / CD Rate Note
/ / Treasury Rate Note               Maximum Interest Rate:___________________
/ / CMT Rate Note
     Designated CMT Telerate
     Page:______________________
     Designated CMT Maturity
     Index:_____________________
/ / Other Base Rate (as described
     below)                           Minimum Interest Rate:___________________
/ / Zero Coupon Note
                                      For Original Issue Discount Notes:

                                         Original Issue Discount:_____________%

Redemption Terms:                        Yield to Maturity:___________________%

                                         Original issue discount applicable to
                                         short accrual period:

Repayment Terms:                         /  / Approximate
                                             /  / Exact

Other Terms:                             Original Issue Discount Notes:

                                         /  / Subject to special provisions set
                                                forth therein with respect to
Calculation Agent:                              the principal amount thereof
                                                payable upon any redemption or
                                                acceleration of the maturity
                                                thereof.

Agent:                                   /  / For Federal income tax purposes
Citicorp Securities, Inc.                      only.