UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D. C. 20549

                                FORM 10-Q

            QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d)
                  OF THE SECURITIES EXCHANGE ACT OF 1934


FOR QUARTER ENDED SEPTEMBER 30, 1997          COMMISSION FILE NUMBER 1-3507


                R O H M   A N D   H A A S   C O M P A N Y
          (Exact name of registrant as specified in its charter)


          DELAWARE                                           23-1028370
(State or other jurisdiction of                            (I.R.S. Employer
incorporation or organization)                            Identification No.)


100 INDEPENDENCE MALL WEST, PHILADELPHIA, PENNSYLVANIA          19106
        (Address of principal executive offices)              (Zip Code)


Registrant's telephone number, including area code:         (215) 592-3000


Indicate by check mark whether 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
                                 -----       -----


   Common stock outstanding at October 28, 1997:     61,213,092 SHARES



                  ROHM AND HAAS COMPANY AND SUBSIDIARIES

                                FORM 10-Q


PART I   -   FINANCIAL INFORMATION

ITEM 1.      FINANCIAL STATEMENTS

The following are incorporated herein by reference to pages 9 through 12
of the company's Quarterly Report to Stockholders for the third quarter
of 1997, a complete copy of which is attached as Exhibit 20.

     1.  Statements of Consolidated Earnings
     2.  Statements of Consolidated Cash Flows
     3.  Consolidated Balance Sheets
     4.  Notes to Consolidated Financial Statements

ITEM 2.  -   MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
             AND RESULTS OF OPERATIONS

The management discussion and analysis is incorporated herein by
reference to pages 2 through 5 of the company's Quarterly Report to
Stockholders for the third quarter of 1997, a complete copy of which is
attached as Exhibit 20.


PART II  -   OTHER INFORMATION

ITEM 1.      LEGAL PROCEEDINGS

A discussion of legal proceedings is incorporated herein by reference to
pages 5 and 12 of the company's Quarterly Report to Stockholders for the
third quarter of 1997, a complete copy of which is attached as Exhibit 20.

ITEM 6.      EXHIBITS AND REPORTS ON FORM 8-K

    (a) Exhibits:

        Exhibit (10) - Rohm and Haas Company Non-Qualified Savings Plan.

        Exhibit (12) - Computation of Ratio of Earnings to Fixed Charges for
        the company and subsidiaries.

        Exhibit (20) - Copy of the company's Quarterly Report to Stockholders
        for the quarter ended September 30, 1997.

        Exhibit (27) - Financial Data Schedule

    (b) No reports on Form 8-K were filed during the quarter ended
        September 30, 1997.



                                SIGNATURES

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







DATE: November 3, 1997                       ROHM AND HAAS COMPANY
      ----------------                           (Registrant)


                                             BRADLEY J. BELL
                                             VICE PRESIDENT AND
                                             CHIEF FINANCIAL OFFICER




                              EXHIBIT INDEX

             (Pursuant to Part 232.102(d) of Regulation S-T)

Exhibit
  No.                                   Description
- -------             -----------------------------------------------------
 (10)               Rohm and Haas Company Non-Qualified Savings Plan
 (12)               Computation of Ratio of Earnings to Fixed Charges
 (20)               Copy of Quarterly Report to Stockholders
 (27)               Financial Data Schedule