1


               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                           FORM 10-K/A
                         AMENDMENT NO. 1

             ANNUAL REPORT PURSUANT TO SECTION 13 OF
               THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended                              Commission File
November 28, 1993                                      No. 1-8044

                     HUNT MANUFACTURING CO.
                          (Registrant)

       Pennsylvania                                  21-0481254        
- - ---------------------------------          --------------------------------
  (State of incorporation)                 (IRS Employer Identification No.)

   230 South Broad Street
   Philadelphia, PA                                  19102-4167
- - ---------------------------------          --------------------------------
(Address of principal executive                      (Zip Code)
 offices)

Registrant's telephone number, including area code:  (215)732-7700

Securities registered pursuant to Section 12(b) of the Act:

                                             Name of each exchange
     Title of each class:                     on which registered:
     --------------------                    ---------------------
Common Shares, par value $.10 per share      New York Stock Exchange

Rights to Purchase Series A Junior           New York Stock Exchange
  Participating Preferred Stock

Securities registered pursuant to Section 12(g) of the Act:  None

          The registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months and (2) has been subject to
such filing requirements for the past 90 days.  Yes   X    No
                                                    ------   ------
       
          Indicate by check mark if disclosure of delinquent
filers pursuant to Item 405 of Regulation S-K is not contained
herein, and will not be contained, to the best of registrant's
knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 
10-K or any amendment to this Form 10-K.    X
                                         -------

          The aggregate market value of the registrant's Common
Shares (its only voting stock) held by non-affiliates of the
registrant as of February 1, 1994 was approximately $226,000,000. 
(Reference is made to p.13 herein for a statement of the
assumptions upon which this calculation is based.)

          The number of shares of the registrant's Common Shares
outstanding as of February 1, 1994 was 16,121,738.

               DOCUMENTS INCORPORATED BY REFERENCE

          Certain portions of the registrant's 1994 definitive
proxy statement relating to its April 1994 Annual Meeting of
Shareholders (which proxy statement was filed with the Commission
within 120 days after the end of the registrant's last fiscal
year) are incorporated by reference into Part III of this report.

2

                  AMENDMENT TO 1993 FORM 10-K


          Pursuant to General Instruction F to Form 10-K and Rule
15d-21 under the Securities Exchange Act of 1934, Hunt
Manufacturing Co.'s Annual Report on Form 10-K for the fiscal
year ended November 28, 1993 is hereby amended to include the
attached financial statements described in amended Item
14(a)(1)(B) below required by Form 11-K with respect to the Hunt
Manufacturing Co. Savings Plan for the Plan's fiscal year ended
December 31, 1993.  The Savings Plan is subject to the Employee
Retirement Income Security Act of 1974.  Item 14 as amended
provides in its entirety as follows:


Item 14.  Exhibits, Financial Statement Schedules, and
          Reports on Form 8-K

          (a)  Documents Filed as a part of the Report

               1.   Financial Statements:

                    A. The Company and subsidiaries:        Pages
                                                            -----
                    Report of Independent Accountants       F-1

                    Consolidated Statements of
                    Income for the fiscal years 
                    1993, 1992 and 1991                     F-2

                    Consolidated Balance Sheets,
                    November 28, 1993 and
                    November 29, 1992                       F-3

                    Consolidated Statements of
                    Stockholders' Equity
                    for the fiscal years 1993, 1992
                    and 1991                                F-4
     
                    Consolidated Statements of
                    Cash Flows for the fiscal years
                    1993, 1992 and 1991                     F-5
     
                    Notes to Consolidated Financial         F-6-22
                    Statements                              

                    B.  The Savings Plan:

                    Report of Independent Accountants       PF-1

                    Statements of Financial Condition
                    as of December 31, 1993 and 1992        PF-2-3

 3

                                                            Pages
                                                            -----
                    Statements of Income and Changes in     PF-4-6
                    Plan Equity for the years ended
                    December 31, 1993, 1992 and 1991.

                    Notes to Financial Statements           PF-7-15

               2.   Financial Statement Schedules:

                      II.     Amounts Receivable from Re-
                         lated Parties and Underwrit-
                         ers, Promoters, and Employees
                         Other Than Related Parties for
                         the fiscal years 1993, 1992,
                         and 1991                           F-23

                       V.     Property, Plant and Equip-
                         ment for the fiscal years 1993,
                         1992 and 1991                      F-24

                      VI.     Accumulated Depreciation and
                         Amortization of Property,
                         Plant and Equipment for the
                         fiscal years 1993, 1992 and 
                         1991                               F-25

                    VIII.     Valuation and Qualifying
                         Accounts for the fiscal years
                         1993, 1992 and 1991                F-26

                       X.     Supplementary Income State-
                         ment Information for the fiscal
                         years 1993, 1992 and 1991          F-27

                    All other schedules not listed above have
                    been omitted, since they are not applicable
                    or are not required, or because the required
                    information is included in the consolidated
                    financial statements or notes thereto.

                    Individual financial statements of the
                    Company have been omitted, since the Company
                    is primarily an operating company and any
                    subsidiary companies included in the
                    consolidated financial statements are
                    directly or indirectly wholly-owned and are
                    not indebted to any person, other than the
                    parent or the consolidated subsidiaries, in
                    an amount which is material in relation to
                    total consolidated assets at the date of the
                    latest balance sheet filed, except

 4

                    indebtedness incurred in the ordinary course
                    of business which is not overdue and which
                    matures in one year.

               3.   Exhibits:

                    (3)  Articles of incorporation and
                         bylaws:

                         (a)  Restated Articles of
                              Incorporation, as amended
                              (composite) (incorp. by ref.
                              to Ex. 4(a) to Reg. Stmt. No.
                              33-6359 on Form S-8).

                         (b)  By-laws, as amended (incorp.
                              by ref. to Ex. 4(b) to fiscal
                              1990 Form 10-K).

                    (4)  Instruments, defining rights
                         of security holders, including
                         indentures:

                         (a)  Credit Agreement dated as of
                              October 2, 1990, between the
                              Company and The Chase
                              Manhattan Bank, N.A.
                              (incorporated by reference to
                              Ex. 4.1 to third quarter
                              fiscal 1990 Form 10-Q).

                         (b)  Credit Agreement dated as of
                              October 2, 1990, between the
                              Company and Mellon Bank (East)
                              PSFS, N.A. (incorp. by ref. to
                              Ex. 4.2 to third quarter
                              fiscal 1990 Form 10-Q).

                         (c)  Credit Agreement dated as of
                              October 2, 1990, between the
                              Company and Philadelphia
                              National Bank, incorporated as
                              CoreStates Bank, N.A. (incorp.
                              by ref. to Ex. 4.3 to third
                              quarter fiscal 1990 Form 10-
                              Q).
 
                         (d)  Rights Agreement dated as of
                              August 8, 1990 (including as
                              Exhibit A thereto the
                              Designation of Powers,
                              Preferences, Rights and

 5

                              Qualifications of Preferred
                              Stock), between the Company
                              and Mellon Bank (East), N.A.,
                              as original Rights Agent
                              (incorp. by ref. to Ex. 4.1 to
                              August, 1990 Form 8-K) and
                              Assignment and Assumption
                              Agreement dated December 2,
                              1991, with American Stock
                              Transfer and Trust Company, as
                              successor Rights Agent
                              (incorp. by ref. to Ex. 4(d)
                              to fiscal 1991 Form 10-K).


                              Miscellaneous long-term debt
                              instruments and credit
                              facility agreements of the
                              Company, under which the
                              underlying authorized debt is
                              equal to less than 10% of the
                              total assets of the Company
                              and its subsidiaries on a
                              consolidated basis, may not be
                              filed as exhibits to this
                              report.  The Company agrees to
                              furnish to the Commission,
                              upon request, copies of any
                              such unfiled instruments.*

                    (10) Material contracts:

                         (a)  Lease Agreement dated June 1,
                              1979 between the Iredell
                              County Industrial Facilities
                              and Pollution Control
                              Financing Authority and the
                              Company (incorp. by ref. to
                              Ex. 10(d) to fiscal 1988 Form
                              10-K).

                         (b)  1978 Stock Option Plan, as
                              amended, of the Company
                              (incorp. by ref. to Ex. 28(a)
                              to Reg. Stat. No. 33-25947 on
                              Form S-8).**

                         (c)  1983 Stock Option and Stock
                              Grant Plan, as amended, of the
                              Company (incorp. by. ref. to
                              Ex. 10(c) to fiscal 1992 Form
                              10-K).**

 6
 
                         (d)  1993 Stock Option and Stock Grant
                              Plan of the Company (incorp. by
                              ref. to Ex. 10(d) to fiscal 1992
                              Form 10-K).**

                         (e)  1988 Long-Term Incentive
                              Compensation Plan of the
                              Company (incorp. by ref. to
                              Appendix to 1988 Proxy
                              Statement).**

                         (f)  1994 Non-Employee Directors' Stock
                              Option Plan (incorp. by ref. to Ex.
                              10(f) to fiscal 1993 Form 10-K).**

                         (g)  Loan and Security Agreement
                              dated January 31, 1984, as
                              amended, between the Company
                              and Ronald J. Naples (incorp.
                              by ref. to Ex. 10(h) to fiscal
                              1988 Form 10-K).**

                         (h)  Loan and Security Agreement
                              dated April 20, 1988 between
                              the Company and Robert B.
                              Fritsch (incorp. by ref. to
                              Ex. 10(i) to fiscal 1988 Form
                              10-K).**

                         (i)  (1) Form of Change in Control
                              Agreement between the Company
                              and various officers of the
                              Company (incorp. by ref. to
                              Ex. 10(h) to fiscal 1992 Form
                              10-K) and (2) list of
                              executive officers who are
                              parties (incorp. by ref. to
                              Ex. 10(i) to fiscal 1993 Form
                              10-K)**

                         (j)  Employment-Severance Agreement
                              between the Company and William E.
                              Chandler (incorp. by ref. to Ex.
                              10(j) to fiscal 1993 Form 10-K).**

                         (k)  (1) Supplemental Executive Benefits
                              Plan of the Company, effective
                              April 16, 1992, and (2) related
                              Amended and Restated Trust
                              Agreement, effective February 17,
                              1993 (incorp. by ref. to Ex. 10(j)
                              to fiscal 1992 Form 10-K).**

 7

                         (l)  Master Agreement dated May 3,
                              1990 between the Company and
                              Bunzl Public Limited Company
                              (incorp. by ref. to Ex. 2(a)
                              to May 1990 Form 8-K).

                         (m)  Stock Acquisition Agreement
                              dated May 3, 1990 between Seal
                              Purchase Corp. and Bunzl
                              Graphic Arts, Inc. relating to
                              Seal (incorp. by ref. to Ex
                              2(b) to May 1990 Form 8-K).

                    (11) Statement re:  computation of
                         per share earnings (incorp. by
                         ref. to Ex. 11 to fiscal 1993
                         Form 10-K).

                    (21) Subsidiaries (incorp. by ref.
                         to Ex. 21 to fiscal 1993 Form
                         10-K). 

                    (23) (a) Consent of Coopers &
                         Lybrand to incorporation by
                         reference, in Registration
                         Statement No.s 33-70660, 33-
                         25947, 33-6359 and 2-83144 on
                         Form S-8, of their report on
                         the consolidated financial
                         statements and schedules
                         included in this report
                         (incorp. by ref. to Ex. 23 to
                         fiscal 1993 Form 10-K).

                         (b) Consent of Coopers & Lybrand to
                         incorporation by reference, in
                         Registration Statement No. 33-6359 on
                         Form S-8, of their report on the
                         financial statements related to the
                         Savings Plan included with this report
                         as amended (filed herewith).

                         

*    Reference also is made to (i) Articles 5th, 6th, 7th and 8th
     of the Company's composite Articles of Incorporation (Ex.
     3(a) to this report), and (ii) to Sections 1, 7 and 8 of the
     Company's By-laws (Ex. 3 (b) to this report).

**   Indicates a management contract or compensatory plan or arrangement.

 8

          (b)  Reports on Form 8-K

          The Company did not file any reports on Form 8-K during
the last quarter of the fiscal year covered by this report.

                                           
                    ________________________


                           SIGNATURES


          Pursuant to the requirements of Section 13 of the
Securities Exchange Act of 1934, the registrant has duly caused
this amendment to be signed on its behalf by the undersigned,
thereunto duly authorized.


                              HUNT MANUFACTURING CO.



Dated:  June 28, 1994    By:  ______________________________
                              Robert B. Fritsch
                              President and
                              Chief Operating Officer



                         By:  ______________________________
                              William E. Chandler
                              Senior Vice President, Finance
                               (Principal Financial and 
                              Accounting Officer)


 9

               REPORT OF INDEPENDENT ACCOUNTANTS


To the Savings Plan Administrative Committee of
  Hunt Manufacturing Co.:

          We have audited the combined financial statements of
the Hunt Manufacturing Co. Savings Plan as listed in Item 14 on
pages 2 and 3.  These financial statements are the responsibility
of the Savings Plan Administrative Committee.  Our responsibility
is to express an opinion on these financial statements based on
our audits.

          We conducted our audits in accordance with generally
accepted auditing standards.  Those standards require that we
plan and perform the audit to obtain reasonable assurance about
whether the financial statements are free of material misstate-
ment.  An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial state-
ments.  An audit also includes assessing the accounting princi-
ples used and significant estimates made by management, as well
as evaluating the overall financial statement presentation.  We
believe that our audits provide a reasonable basis for our
opinion.

          In our opinion, the Hunt Manufacturing Co. Savings Plan
financial statements listed in Item 14 on pages 2 and 3 present
fairly, in all material respects, the combined financial position
of the Hunt Manufacturing Co. Savings Plan as of December 31,
1993 and 1992, and the combined results of their operations for
the years ended December 31, 1993, 1992 and 1991 in conformity
with generally accepted accounting principles.

          Our audits were performed for the purpose of forming an
opinion on the basic financial statements taken as a whole.  The
Fund Information in the statement of financial condition and the
statement of income and changes plan equity is presented for
purposes of additional analysis rather than to present the
financial condition and income and changes in plan equity of each
fund.  The Fund Information has been subjected to the auditing
procedures applied in the audits of the basic financial state-
ments and, in our opinion, is fairly stated in all material
respects in relation to the basic financial statements taken as a
whole.



                                   COOPERS & LYBRAND



2400 Eleven Penn Center
Philadelphia, Pennsylvania
June 15, 1994

                          PF-1

 10

                        HUNT MANUFACTURING CO.
                            SAVINGS PLAN
                    STATEMENT OF FINANCIAL CONDITION
                          December 31, 1993
       


                                       Balanced       Blended     Select       Stock         Ultra        Participant
           ASSETS                        Fund        GIC Trust     Fund        Fund          Fund       Loans        Total
                                       --------      ---------    ------       ------        ------   -----------     -----
                                                                                                 
Investments at fair value (Note 2):
Balance Fund, 113,766 units at
   $16.00/unit (cost $1,753,971)     $1,820,253                                                                    $ 1,820,253

Bankers Trust Pyramid GIC Fund,
  1,024,870 units at $1.00/unit
  (cost $1,024,870)                                $1,024,870                                                        1,024,870
                                                                                                                 
Guaranteed Investment Contracts                     2,165,318                                                        2,165,318

Select Fund, 60,496 units at
   $39.46/unit (cost $2,497,285)                              $2,387,161                                             2,387,161

Hunt Manufacturing Co., 159,050
  shares at $15.50/share
  (cost $2,523,597)                                                        $2,465,275                                2,465,275

Ultra Fund, 132,795 units at
 $21.39/unit (cost $2,410,214)                                                           $2,840,474                  2,840,474

Participant loans (cost $5,519)                                                                          $5,519          5,519

Cash                                       -            -              -        7,890         -               -          7,890

Receivables:
  Employer's contribution                 2,912         4,705      4,647        1,514         5,072           -         18,850
  Participant's contribution             12,779        22,577     21,576        7,920        25,414           -         90,266
                                     ----------    ----------  ---------   ----------    ----------   ---------    -----------
     Total assets                    $1,835,944    $3,217,470 $2,413,384   $2,482,599    $2,870,960      $5,519    $12,825,876
                                     ==========    ========== ==========   ==========    ==========   =========    ===========
           LIABILITIES
Payable for employee withdrawals          -        $    3,154          -            -             -         -      $     3,154

Plan equity                          $1,835,944     3,214,316 $2,413,384   $2,482,599    $2,870,960       5,519     12,822,722
                                     ----------    ---------- ----------   ----------    ----------   ---------    -----------
     Total liabilities and
       plan equity                   $1,835,944    $3,217,470 $2,413,384   $2,482,599    $2,870,960      $5,519    $12,825,876
                                     ==========    ========== ==========   ==========    ==========   =========    ===========

The accompanying notes are an integral part of the financial statements.




                          PF-2

 11
                     HUNT MANUFACTURING CO.

                          SAVINGS PLAN

                STATEMENT OF FINANCIAL CONDITION

                        December 31, 1992
                             _______




                                                           Fixed
                                            Stock          Income        Equity
             ASSETS                         Fund            Fund          Fund          Total
                                            -----          ------        ------         -----
                                                                           
Investments at fair value (Note 2):
  Hunt Manufacturing Co., 156,782
     shares of common stock
     (cost $2,421,734)                   $2,057,801                -             -     $2,057,801

  Guaranteed Investment Contracts                 -       $4,490,298             -      4,490,298

Cash                                           (702)         888,901    $1,935,405      2,823,604

Receivables:
  Employer's contribution                     1,957            8,489         1,789         12,235
  Participant's contribution                  9,286           44,054        10,550         63,890
                                         ----------       ----------    ----------     ----------
       Total assets                      $2,068,342       $5,431,742    $1,947,744     $9,447,828
                                         ==========       ==========    ==========     ==========

          LIABILITIES

Payable for employee withdrawals         $   13,444       $   26,467$       12,001$        51,912

Plan equity                               2,054,898        5,405,275     1,935,743      9,395,916
                                         ----------       ----------    ----------     ----------
       Total liabilities and 
           plan equity                   $2,068,342       $5,431,742    $1,947,744     $9,447,828
                                         ==========       ==========    ==========     ==========

The accompanying notes are an integral part of the financial statements.
                                      











                          PF-3

 12
                                        HUNT MANUFACTURING CO.

                                             SAVINGS PLAN
                         
                         STATEMENT OF INCOME AND CHANGES IN PLAN EQUITY

                                  for the year ended December 31, 1993


                                    Balanced         Blended           Select             Ultra  
ADDITIONS                             Fund           GIC Trust          Fund              Fund
                                    --------         ---------         ------             -----
                                                                              
Additions:
  Investment income:
  Net appreciation in fair
  value of investments             $   58,304                -        $    4,345         $  412,252
  Dividends                            48,307                -           363,702                  - 
  Interest                                  -       $  193,226                 -                  -   

Contributions:
  Participants'                       316,174          530,729           426,693            505,300   
  Employer's                           63,110          104,855            88,112             95,340
                                   ----------       ----------        ----------        -----------
     Total additions                  485,895          828,810           882,852          1,012,892
                                   ----------       ----------        ----------        -----------
DEDUCTIONS

Deductions:
  Benefits paid to participants       (72,387)        (428,671)         (153,685)           (96,262)  

  Forfeitures                               -           (3,174)                -                  - 
                                   ----------       ----------        ----------        -----------
     Total deductions                 (72,387)        (431,845)         (153,685)           (96,262)    
                                   ----------       ----------        ----------        -----------
Interfund transfers                 1,411,784        2,739,656         1,672,939          1,929,267 
                                   ----------       ----------        ----------        -----------
  Net increase before asset
  transfer from the 
  Seal Products, Inc.
  Savings Plan for the
  Naugatuck, Connecticut
  Bargaining Unit                   1,825,292        3,136,621         2,402,106          2,845,897

Transfer of net assets from Seal
  Products, Inc. Savings Plan
  for the Naugatuck, Connecticut
  Bargaining Unit (see Note 7)         10,652           77,695            11,278             25,063    
                                   ----------       ----------        ----------        -----------
     Net increase (decrease)        1,835,944        3,214,316         2,413,384          2,870,960 

Plan equity, January 1, 1993                -                -                 -                  - 
                                   ----------       ----------        ----------        -----------
Plan equity, December 31, 1993     $1,835,944       $3,214,316        $2,413,384         $2,870,960
                                   ==========       ==========        ==========         ==========

                          Continued

 13
                                        HUNT MANUFACTURING CO.

                                             SAVINGS PLAN
                         
                         STATEMENT OF INCOME AND CHANGES IN PLAN EQUITY

                                  for the year ended December 31, 1993
                                             Continued


                                    Stock             Income             Equity         Participant 
ADDITIONS                           Fund               Fund               Fund             Loans          Combined
                                    -----             ------             -------        ------------      --------
                                                                                           
Additions:
  Investment income:
  Net appreciation in fair
  value of investment             $  318,396              -                  -                  -       $   793,297
  Dividends                           57,200              -                  -                  -           469,209
  Interest                                 -              -                  -               $525           193,751
 
Contributions:
  Participants'                      206,041              -                  -                  -         1,984,937
  Employer's                         336,541              -                  -                  -           687,958 
                                  ----------     ----------         ----------             ------      -----------
     Total additions                 918,178              -                  -                525         4,129,152 
                                  ----------     ----------         ----------             ------      -----------
DEDUCTIONS

Deductions:
  Benefits paid to participants      (73,481)             -                  -                  -          (824,486)

  Forfeitures                              -              -                  -                  -           (3,174)
                                  ----------     ----------         ----------             ------      -----------
     Total deductions                (73,481)             -                  -                  -         (827,660)
                                  ----------     ----------         ----------             ------      -----------
Interfund transfers                 (417,622)    (5,405,275)        (1,935,743)             4,994                -
                                  ----------     ----------         ----------             ------      -----------
  Net increase before asset
  transfer from the
  Seal Products, Inc.
  Savings Plan for the
  Naugatuck, Connecticut
  Bargaining Unit                    427,075     (5,405,275)        (1,935,743)             5,519        3,301,492

Transfer of net assets from Seal
  Products, Inc. Savings Plan
  for the Naugatuck, Connecticut
  Bargaining Unit (see Note 7)           626              -                  -                  -          125,314
                                  ----------     ----------         ----------             ------      -----------
     Net increase (decrease)         427,701     (5,405,275)        (1,935,743)             5,519        3,426,806

Plan equity, January 1, 1993       2,054,898      5,405,275          1,935,743                  -        9,395,916
                                  ----------     ----------         ----------             ------      -----------
Plan equity, December 31, 1993    $2,482,599              -                  -             $5,519      $12,822,722
                                  ==========     ==========         ==========             ======      ===========

The accompanying notes are an integral part of the financial statements.

                          PF-4 

 14

                     HUNT MANUFACTURING CO.

                          SAVINGS PLAN

         STATEMENT OF INCOME AND CHANGES IN PLAN EQUITY

              for the year ended December 31, 1992
                             _______




                                                 Fixed
                                      Stock      Income        Equity
                                      Fund        Fund          Fund         Total
                                     ------      ------        ------        -----
                                                                 
           ADDITIONS

Additions:
  Investment income:
    Dividends                     $   38,215             -    $   29,124   $   67,339
    Interest                           2,772    $  346,914           388      350,074

  Net appreciation in market
     value of investments              -                 -        72,217       72,217

  Contributions:
    Participants'                    225,275       824,889       292,301    1,342,465
    Employer's                       336,894       186,235        71,418      594,547
                                  ----------    ----------    ----------   ----------
       Total additions               603,156     1,358,038       465,448    2,426,642
                                  ----------    ----------    ----------   ----------
       DEDUCTIONS

Deductions:
  Benefits paid to participants     (118,573)     (372,434)      (79,241)    (570,248)

  Forfeitures                           (228)       (3,303)       (1,516)      (5,047)

  Net depreciation in market
     value of investments           (279,259)            -             -     (279,259)
                                  ----------    ----------    ----------   ----------
       Total deductions             (398,060)     (375,737)      (80,757)    (854,554)
                                  ----------    ----------    ----------   ----------
Interfund transfers                   18,956      (199,498)      180,542            -    
                                  ----------    ----------    ----------   ----------
       Net increase                  224,052       782,803       565,233    1,572,088
                                                 
Plan equity, January 1, 1992       1,830,846     4,622,472     1,370,510    7,823,828
                                  ----------    ----------    ----------   ----------
Plan equity, December 31, 1992    $2,054,898    $5,405,275    $1,935,743   $9,395,916
                                  ==========    ==========    ==========   ==========

The accompanying notes are an integral part of the financial statements.


                          PF-5

 15
                          HUNT MANUFACTURING CO.

                                SAVINGS PLAN

               STATEMENT OF INCOME AND CHANGES IN PLAN EQUITY

                    for the year ended December 31, 1991
                                   _______


                                                        Fixed
                                         Stock         Income        Equity
                                         Fund           Fund          Fund          Total
                                        ------         ------        ------         -----
                                                                      
      ADDITIONS

Additions:
  Investment income:
    Dividends                         $   38,556              -    $   28,082     $   66,638
    Interest                               1,369     $   19,002        16,999        337,370

  Net appreciation in market
     value of investments                239,412              -       300,425        539,837

  Contributions:
    Participants                         194,141        850,370       192,252      1,236,763
    Employer's                           309,709        218,308        37,631        565,648
                                      ----------     ----------    ----------     ----------
       Total additions                   783,187      1,387,680       575,389      2,746,256
                                      ----------     ----------    ----------     ----------
      DEDUCTIONS

Deductions:
  Benefits paid to participants          (94,213)      (260,601)      (25,561)      (380,375)

  Forfeitures                             (1,594)        (3,602)         (781)        (5,977)
                                      ----------     ----------    ----------     ----------
       Total deductions                  (95,807)      (264,203)      (26,342)      (386,352)
                                      ----------     ----------    ----------     ----------
Interfund transfers                       55,474        144,758      (200,232)             -    
                                      ----------     ----------    ----------     ----------
       Net increase before asset
           transfer from the Seal
           Products, Inc. Retirement
           Savings Plan                  742,854      1,268,235       348,815      2,359,904

Transfer of net assets from Seal
    Products, Inc. Retirement
    Savings Plan (see Note 6)                  -        190,673        81,732        272,405
                                      ----------     ----------    ----------     ----------
       Net increase                      742,854      1,458,908       430,547      2,632,309

Plan equity, January 1, 1991           1,087,992      3,163,564       939,963      5,191,519
                                      ----------     ----------    ----------     ----------
Plan equity, December 31, 1991        $1,830,846     $4,622,472    $1,370,510     $7,823,828
                                      ==========     ==========    ==========     ==========

The accompanying notes are an integral part of the financial statements.
                          PF-6

 16

                        HUNT MANUFACTURING CO.
                             SAVINGS PLAN

                     NOTES TO FINANCIAL STATEMENTS
                                _______

1.  Description of Plan:

    The following description of the Hunt Manufacturing Co. Savings
    Plan (Plan) provides only general information.  Participants
    should refer to the Plan agreement and the summary plan
    description for a more complete description of the Plan's
    provisions.

         General:

    The Plan is a defined contribution plan which provides individual
    accounts for each participant.  The Plan is designed to comply
    with the requirements of the Employee Retirement Income Security
    Act of 1974, as amended (ERISA) and with the requirements of
    Sections 401(a) and 401(k) of the Internal Revenue Code of 1986,
    as amended (Code).

         Eligibility and Participation:

    Generally, all active associates (i. e., employees including
    officers) of Hunt  Manufacturing Co. (Company) and of any other
    participating company, other than leased employees, non-resident
    aliens, associates who work in full-time, temporary positions as
    part of an undergraduate or graduate degree program, college
    students enrolled in a degree program or high school graduates
    matriculating in a degree programs who assume temporary employment
    with a participating company during the summer months, associates
    who are hired for a specific length of time of no more than 18
    consecutive months, associates who are covered by a collective
    bargaining agreement to which the Company or any participating
    company is a party (unless the collective bargaining agreement
    specifically otherwise provides), are eligible to participate in
    the Plan upon meeting the applicable service requirements.  Non-
    bargaining unit associates of Seal Products Incorporated became
    eligible to participate in the Plan effective January 1, 1991. 
    Bargaining unit employees of Seal Products Incorporated became
    eligible to participate in the Plan effective January 1, 1993 as a
    result of the merger into the Plan of the Seal Products
    Incorporated Savings Plan for the Naugatuck, Connecticut
    Bargaining Unit effective January 1, 1993.

    Eligible associates who have completed at least one year of
    service as of January 1, April 1, July 1, or October 1 (before
    January 1, 1993) are eligible to participate in the Associate Pre-
    Tax Contribution and Matching Contribution portions of the Plan
    and eligible associates other than certain officers and directors
    who have completed at least two consecutive years of service, as
    of December 1, are eligible for participation in the Basic
    Contribution portion of the Plan provided such eligible associate
    is employed by a participating company on December 1 of the plan
    year for which the Basic Contribution is being made.
                       Continued
                          PF-7

 17

             NOTES TO FINANCIAL STATEMENTS, Continued
                                _______

1.  Description of Plan, continued:

         Contributions:

    Contributions to the Plan are made by the Company and other
    participating companies on their own behalf, and in the case of
    Associate Pre-Tax Contributions, on behalf of the participants whose
    salaries have been reduced.  Subject to the limitations of the Plan and
    the Code, participants may authorize the Company and other
    participating companies to withhold each year up to 15% (prior to
    January 1, 1993 the limit was 10%) of their annual pre-tax compensation
    (i. e., compensation excluding taxable employee benefits of any kind
    but including Associate Pre-Tax Contributions and participant salary
    reduction contributions to a cafeteria plan under Section 125 of the
    Code) for Associate Pre-Tax Contributions to the Plan but not to exceed
    $8,994, as adjusted ($9,240 for 1994).  The Company, and other
    participating companies, in turn, will make Matching Contributions on
    behalf of participants equal to $.25 for each $1.00 of Associate Pre-
    Tax Contributions up to 6% of the participant's pre-tax compensation
    for each year subject to the limitations of the Plan and the Code.

    The Company also may make an annual Basic Contribution of up to 1% of
    the base rate of pay (90% of the base rate of pay of salesmen, 100% of
    the base rate of pay for other associates) on behalf of eligible
    associates, except for certain officers and directors, whether or not
    such associates make contributions to the Plan.  The associate's base
    rate of pay is the associate's annual compensation determined as of
    June 1 of any plan year, excluding overtime, bonuses, cash awards and
    stock awards under the Company's Long-Term Incentive Plan, and taxable
    employee benefits of any kind but including Associate Pre-Tax
    Contributions and participant salary reduction contributions to a
    cafeteria plan under Section 125 of the Code.  In no event may the
    annual compensation of any participant taken into account under the
    Plan exceed $235,840 ($150,000 effective January 1, 1994) as adjusted. 
    Such Basic Contributions can only be invested in the Stock Fund and are
    nontransferable to other funds.  In order to receive a Basic
    Contribution for a given plan year, a participant must be employed by a
    participating company on December 1 of such plan year.

    Associate Pre-Tax Contributions are contributed to the Plan within 30
    days following the pay period or 30 days following the end of the plan
    year for which such contributions are being made, whichever is earlier,
    and Matching Contributions and Basic Contributions are contributed to
    the Plan no later than the due date, including any extensions, for the
    filing of the Company's federal tax return for the taxable year which
    includes the last day of the plan year for which such contributions are
    being made.  Participants may also make rollover contributions to the
    Plan of qualifying distributions from other qualified plans.

         Vesting:

    A participant's Associate Pre-Tax Contributions (and the earnings
    thereon) and Basic Contributions (and the earnings thereon) are always
    100% vested and nonforfeitable.
                        Continued
                          PF-8

 18

             NOTES TO FINANCIAL STATEMENTS, Continued
                                _______

1.  Description of Plan, continued:

         Vesting, continued:

    If, while in the service of the Company or any other participating
    company, a participant attains age 65, becomes permanently and
    totally disabled, or dies, the full value of the Matching
    Contributions (and the earnings less any losses thereon) allocated
    to such participant's accounts becomes vested in the participant
    (or in such participant's successor in the event of death) and is
    nonforfeitable.  Prior to the occurrence of such an event, the
    value of the Matching Contributions (and the earnings less any
    losses thereon) will vest in a participant, based on such
    participant's years of service for vesting (years in which a
    participant completes 1,000 or more hours of service commencing
    with the date of hire), as indicated in the following table:

         Less than 1 year                      0%
         1 year                               20%
         2 years                              40%
         3 years                              60%
         4 years                              80%
         5 years or more                     100%

    If a participant terminates employment for reasons other than
    death, total disability or retirement, the person is not fully
    vested and the present value of his or her vested account balance
    does not exceed $3,500, or if it does exceed $3,500, his or her
    vested account balance is distributed to such separated
    participant, the participant forfeits the nonvested balance in his
    or her account upon distribution of his or her entire vested
    account balance.  In such case, if the participant is re-employed,
    he or she may repay the amount distributed to him or her before he
    or she incurs five consecutive one-year breaks in service, and his
    or her account will be restored.  If the terminated participant's
    vested account balance exceeds $3,500 and such participant does
    not consent to the immediate distribution of his or her vested
    account balance, the participant tentatively forfeits the
    nonvested balance upon his or her separation from service.  If the
    participant is re-employed before incurring five consecutive one-
    year breaks in service, his or her account will be restored.

         Withdrawals and Distributions:

    Distributions are made according to the vested interest to which
    participants are entitled upon retirement, termination, death or
    disability.  Upon retirement, the participant's vested interest
    will be distributed in one lump sum payment, in cash, unless the
    participant elects to receive that portion invested in the Stock
    Fund in whole shares of common stock or in any combination of
    stock and cash.  A participant may also withdraw any portion of
    his or her vested account balances after he or she attains age
    59-1/2.  Otherwise, withdrawals before termination of employment
    are allowed only in cases of hardship as determined in accordance
    with the terms of the Plan.
                       Continued
                         PF-9

 19

             NOTES TO FINANCIAL STATEMENTS, Continued
                                _______

1.  Description of Plan, continued:

         Disposition of Forfeitures:

    Forfeitures of Matching Contributions resulting from the
    termination of participants with less than fully vested
    rights under the Plan shall be applied to restore forfeitures
    and then to reduce Matching Contributions to the Plan.

         Plan Amendment and Termination:

    Although it has not expressed any intent to do so, the
    Company has the right under the Plan to discontinue its
    contributions at any time and to terminate the Plan.  In the
    event of Plan termination, the net assets of the Plan will be
    distributed to Plan participants and beneficiaries in
    proportion to their respective account balances, which will
    be fully vested as a result of such termination.  The Company
    may also amend the Plan at any time, subject to certain
    restrictions.


2.  Summary of Significant Accounting Policies:

         Investment Valuation:

    The common stock of Hunt Manufacturing Co. is stated at fair 
    value, which represents the closing price of the stock as
    listed on the New York Stock Exchange on the last trading day
    of the plan year.  Investments in the Twentieth Century
    Investors, Inc., Balanced, Bankers Trust Pyramid GIC, Select,
    and Ultra Funds are stated at the unit value published as of
    the end of the plan year.  The Blended GIC Trust at 
    December 31, 1993 and Fixed Income Fund at December 31, 1992
    includes Guaranteed Investment Contracts which are stated at
    cost plus accrued interest.  Based on available information
    at December 31, 1993 and 1992, the Company believes that the
    fair value of the Guaranteed Investment Contracts are not
    significantly different from cost plus accrued interest. 
    Investments in the Equity Fund are stated at the unit value
    published by the fund as of the end of the plan year.













                       Continued
                         PF-10

 20

             NOTES TO FINANCIAL STATEMENTS, Continued
                                _______

2. Summary of Significant Accounting Policies, continued:

         Investment Income:

    Dividend income is recorded on the ex dividend date.  Income
    from other investments is recorded as earned on the accrual
    basis.

    Purchases and sales of securities are reflected on a trade-
    date basis.  Gain or loss on sales of securities is based on
    average cost.

    The Plan presents in the statements of income and changes in equity
    the net appreciation (depreciation) in the fair market value
    of its investments which consists of the realized gains or
    losses and the unrealized appreciation (depreciation) on
    those investments.

         Plan Expenses:

    Administrative expenses of the Plan and brokerage fees 
    relating to purchases within the Stock Fund are paid by the
    Company.


3.  Investment Program:

    Contributions to the Plan are  invested, as directed by the
    participants, in the following funds as described below:

      (1) Balanced Fund - a fund that uses common stocks and
          fixed income securities to provide growth opportunities
          as well as income.  The Fund has approximately 60% of
          its assets in growth stocks and the remainder in fixed
          income securities.  The fixed income portion of the
          fund is invested in a diversified portfolio of
          investment-grade bonds with an average weighted
          portfolio maturity of three to ten years.

      (2) Blended GIC Trust - is a fixed income fund made up of
          two different parts.  The first part consists of
          individual Guaranteed Investment Contracts (GIC's)
          previously purchased by the plan.  The second part
          consists of all new investments which are made in the
          Bankers Trust Pyramid GIC Fund.  The Bankers Trust
          Pyramid GIC Fund invests primarily in guaranteed
          investment contracts issued by major financial
          institutions,including banks and life insurance
          companies.





                        Continued
                          PF-11

 21

             NOTES TO FINANCIAL STATEMENTS, Continued
                                _______

3.  Investment Program, continued:

          The Blended GIC Trust is a conservative fixed income
          fund in which principal is protected from market vola-
          tility.  By retaining the individual GIC's and invest-
          ing in the Bankers Trust Pyramid GIC Fund, the Blended
          GIC Trust attempts to provide yields that are higher
          than money market funds and certificates of deposit, as
          well as to provide a relatively predictable annual
          return.  The annual interest rates are as follows:
                                           Net Effective
            Time of Deposit             Annual Interest Rate
            ---------------             --------------------
       Funds deposited during 1993         Principally,
                                           7.42% to 9.10% 
                                           through 1994

       (3) Select Fund - a fund that invests only in stocks that
           pay dividends.  Securities are chosen primarily for
           their growth potential, however, and return from in-
           vestment income may not be significant.

       (4) Ultra Fund - a fund that seeks capital growth over
           time by investing in companies with accelerating
           growth trends.

       (5) Stock Fund - a fund consisting of common stock of
           Hunt Manufacturing Co. purchased in the open market,
           or directly from the Company.

       (6) Fixed Income Fund - a fund consisting of Guaranteed
           Investment Contracts with the John Hancock Mutual
           Life Insurance Company, the Metropolitan Life
           Insurance Company, the New England Mutual Life
           Insurance Company and the Sun Life Insurance Company
           of America (1991) under which an annual fixed rate of
           interest is paid, net of administrative expenses, for
           a specified period of time in accordance with the
           terms of the agreement.  The fixed annual interest
           rates are as follows:

                                            Net Effective
              Time of Deposit            Annual Interest Rate
              ---------------            --------------------
       Funds deposited during 1992        5.81% through 1992

       Funds deposited during 1991        8.74% through 1992

       Funds deposited during 1990        8.35% through 1992

       Funds deposited during 1989        8.96% through 1991



                       Continued
                         PF-12

 22

             NOTES TO FINANCIAL STATEMENTS, Continued
                                _______

3. Investment Program, continued:

      (7) Equity Fund - a fund consisting primarily of invest-
          ments in common and preferred stocks.

    There were 1,354 and 1,348 Plan participants at December 31,
    1993 and 1992, respectively, who participated in one or more
    of the investment funds.  At December 31, 1993 and 1992, the
    number of participants selecting each of the investment funds
    for their contributions was as follows:

                                       1993         1992
                                       ----         ----
          Stock Fund                  1,233        1,255
          Capital Preservation Fund     626          -  
          Balanced Fund                 382          -  
          Select Fund                   602          -  
          Ultra Fund                    559          -  
          Fixed Income Fund             -            953
          Equity Fund                   -            349


4.  Participant Loans:

    Participants who are members of the Seal Bargaining unit may
    borrow from their fund accounts a minimum of $1,000 up to a
    maximum equal to the lesser of $50,000 or 50 percent of their
    account balance.  Loan transactions are treated as a transfer
    to (from) the investment fund from (to) the Participant Loans
    fund.

    The period of repayment usually does not exceed five years. 
    However, a loan used for the purpose of acquiring the
    principal residence of the Participant may exceed five years. 
    Loans are required to be repaid in equal periodic
    installments of principal and interest, payable no less
    frequently than quarterly during each twelve-month period
    beginning with the date of the loan and each anniversary. 
    Loans are required to be collateralized by an assignment of a
    portion of the participant's interest in his accrued benefit
    attributable to employer contributions equal to the principal
    amount of the loan, and supported by the participant's
    secured promissory note.  The Plan Administrator determines
    the interest rate on the basis of prevailing interest rates. 
    Participant loans mature June 4, 1994 to July 15, 1996 and
    bear interest at 7% to 11% at December 31, 1993.








                       Continued
                         PF-13

 23

             NOTES TO FINANCIAL STATEMENTS, Continued
                                _______

5. Tax Status:

    The Plan obtained its latest determination from the Internal
    Revenue Service by letter dated September 15, 1988, in which
    the Internal Revenue Service stated that the Plan, in form,
    was in compliance with the applicable requirements of the
    Internal Revenue Code.  The plan has been amended since
    receiving the determination letter.  However, the Plan's tax
    counsel believes that the Plan, in form, complies with the
    requirements of the Internal Revenue Code, as currently in
    effect, and the Plan administrator believes that the Plan,
    both in form and operation, is in compliance with the
    applicable requirements of the Internal Revenue Code. 
    Therefore, no provision for income taxes has been included in
    the Plan's financial statements.

6.  Guaranteed Investment Contracts:

    The cost and fair value of Guaranteed Investment Contracts
    held by the Plan at December 31, 1993 and 1992 are as
    follows:

                                       1993                     1992
                            ----------------------    ----------------------
                                            Fair                      Fair
                                 Cost       Value         Cost        Value
                                 ----       -----         ----        -----
John Hancock Mutual Life
Insurance Co. Guaranteed
Investment Contract*                 -           -     $2,445,236  $2,445,236

Metropolitan Life
Insurance Co. Guaranteed
Investment Contract*        $2,070,573  $2,070,573      1,906,384   1,906,384

New England Mutual
Life Insurance Co.
Guaranteed Investment
Contracts                       94,745      94,745        138,678     138,678

                            ----------  ----------     ----------  ----------
                            $2,165,318  $2,165,318     $4,490,298  $4,490,298
                            ==========  ==========     ==========  ==========

*These individual investments represent 5% or more of the Plan's
 net assets available for benefits.








                       Continued
                         PF-14

 24

             NOTES TO FINANCIAL STATEMENTS, Continued
                                _______

7. Transfers of Net Assets to Plan:

    Effective January 1, 1993, certain employees of the Seal
    Products Incorporated Savings Plan for the Naugatuck,
    Connecticut Bargaining Unit became eligible to join the Plan. 
    Accordingly, net assets attributable to the account balances
    of the eligible employees who participated in the Seal
    Products Incorporated Savings Plan for the Naugatuck,
    Connecticut Bargaining Unit prior to January 1, 1993 were
    transferred to the Plan.  The net amount transferred,
    $125,314, represented the account balances of eligible
    employees as of December 31, 1992.

    On January 1, 1991, certain employees of the Seal Products,
    Incorporated Retirement Savings Plan became eligible to join
    the Plan.  Accordingly, net assets attributable to the
    account balances of the eligible employees who participated
    in the Seal Products, Incorporated Retirement Savings Plan
    prior to January 1, 1991 were transferred to the Plan during
    1991.  The net amount transferred, $279,730, represented the
    account balances of eligible employees as of December 31,
    1990 plus interest of $7,325 earned through the date of
    transfer.

8.  Change of Investment Manager, Recordkeeper, and Trustee:

    Effective January 1, 1993, the Company engaged Twentieth
    Century Services, Inc. as investment manager and recordkeeper
    of the Plan.  Accordingly, net assets attributable to the
    account balances of eligible employees who participated in
    the Hunt Savings Plan as of December 31, 1992 were
    transferred to account balances held in trust by Twentieth
    Century Services, Inc.  For a description of the funds
    offered by Twentieth Century Services, Inc. see Note 3.  In
    connection with the change to Twentieth Century Services,
    Inc., United States Trust Company of New York became
    successor Trustee to the Plan.

















                         PF-15