EXHIBIT 5.01

      [LETTERHEAD HOLLENBERG LEVIN SOLOMON ROSS BELSKY & DANIELS, LLP]




                                                            September 19, 1996

Division of Corporate Finance
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549

                           Re:      Eastco Industrial Safety Corp.

Dear Sir/Madam:

         We have acted as counsel for Eastco Industrial Safety Corp., a New York
corporation (hereinafter called the "Company") in connection with the proposed
issue and sale by the Company of 703,591 Units of the Company (each Unit to
consist of one (1) share of Common Stock and one (1) Class B Warrant to purchase
an additional share of Common Stock) pursuant to the provisions of the Standby
Agreement between the Company and Royce Investment Group, Inc. (the "Standby
Agreement").

         As counsel to the Company, we have examined the Minute Books of the
Company, together with copies of its Certificate of Incorporation and Bylaws. We
have also examined the Registration Statement, Form SB-2, filed with the
Securities and Exchange Commission and the proposed Underwriting Agreement.
Based upon the foregoing, and our examination of such other documents as we
deemed pertinent, we are of the opinion that:

         1. The Company is a corporation  duly organized and validly existing in
good standing under and by virtue of the laws of the State of New York.

         2. The authorized capital of the Company consists of: (i) 20,000,000
shares of Common Stock, par value $.12 per share, of which 879,488 (reflects
estimated adjustment for prior reverse stock splits and estimated rounding for
financial shares) shares of Common Stock are presently legally issued and
outstanding, fully paid and non-assessable; and (ii) 1,000,000 shares of
Preferred Stock, par value $.01 per share, of which 0 shares of Preferred Stock
are presently legally issued and outstanding, fully paid and non-assessable.





                                                  Division of Corporate Finance
                                                             September 19, 1996
                                                                         page 2

         3. All securities (Units, shares of Common Stock, Class B Warrants,
shares of Common Stock underlying Class B Warrants, Underwriter's Unit Purchase
Option and underlying Class B Warrants and shares of Common Stock) which are the
subject of the Standby Agreement have been duly authorized.

         4. The shares of Common Stock, when issued and delivered against
payment pursuant to the terms of the Standby Agreement, will be legally issued
and outstanding, fully paid and non-assessable shares of the Common Stock of the
Company.

                     Very truly yours,

                     /s/ Hollenberg Levin Solomon Ross Belsky & Daniels, LLP
                     -------------------------------------------------------
                     Hollenberg Levin Solomon Ross Belsky & Daniels, LLP