<ARTICLE> 5 <LEGEND> Hercules Incorporated 1994 10-K </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <CASH> 15,147,908 <SECURITIES> 128,112,407 <RECEIVABLES> 12,881,456 <ALLOWANCES> 0 <INVENTORY> 35,946,125 <CURRENT-ASSETS> 192,087,896 <PP&E> 88,468,531 <DEPRECIATION> 39,947,983 <TOTAL-ASSETS> 412,842,683 <CURRENT-LIABILITIES> 18,541,842 <BONDS> 225,000,000 <COMMON> 16,633,163 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 143,659,119 <TOTAL-LIABILITY-AND-EQUITY> 412,842,683 <SALES> 91,022,592 <TOTAL-REVENUES> 103,879,913 <CGS> 78,065,844 <TOTAL-COSTS> 78,065,844 <OTHER-EXPENSES> 29,493,327 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 11,399,082 <INCOME-PRETAX> (3,679,258) <INCOME-TAX> 263,306 <INCOME-CONTINUING> (3,942,564) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,942,564) <EPS-PRIMARY> (.26) <EPS-DILUTED> 0