SCHEDULE 13D
NAME OF ISSUER: WAXMAN INDUSTRIES, INC.
TITLE OF CLASS OF SECURITIES: COMMON STOCK
CUSIP NUMBER: 94356710
NAME, ADDRESS AND TELEPHONE NO: MARK WESTER, 24460 AURORA BLVD., BEDFORD
HEIGHTS, OH 44146 PH: 216-439-1830
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT: 6/02/98
1. NAME OF REPORTING PERSONS: IRS: ID NOS. OF ABOVE PERSON:
THOMAS MITCHELL MANAGEMENT CO. INC. - 13-3589733
2. CHECK BOX IF A MEMBER OF A GROUP (B) x
3. SEC use only
4. Source of Funds 00
5. Check if Disclosure of Legal Proceedings is Require Pursuant to Items
2(d) or 2 (e) not sure - no proceedings.
6. Citizenship or Place of Organization - State of Delaware
7. Sole Voting Power -
8. Shared Voting Power - Thomas Mitchell Mgt. Co. Inc. - 44,800
9. Sole Dispositive Power - Thomas Mitchell Mgt. Co. Inc.- 44,800
10. Shared Dispositive Power
11. Aggregate Amount Beneficially Owned by Each Reporting Person 44,800
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
13. Percent of Class Represented by Amount in Row (11) 0.37%
14. Type of Reporting Person
Thomas Mitchell Management Co. Inc. - IA
CUSIP NO: 94356710
SCHEDULE 13D
ITEM #1- WAXMAN INDUSTRIES, INC.
ITEM #2-a- Thomas Mitchell Management Co, Inc.
b- POB 31
Lake Placid, NY 12946
C- Investment Advisor
D- During the last five years, Thomas Mitchell Management Co., Inc.
has not been convicted in a criminal proceeding .
E- During the last five years, Thomas Mitchell Management Co., Inc.
was not a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or
mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
F- U.S.A.
ITEM #3- Cash from Advisory Accounts
ITEM #4- For Investment Purposes only.
ITEM #5a- 44,800/ 12,053,422 = 0.37%
b-Thomas Mitchell Management Co., Inc. shared dispositive power and
shared voting power
c- 16,000 -shares purchased to settle 6/02/98 through NYSE and in
negotiated transactions at prices from $3.00-$3.05 per share.
d-not applicable
e-not applicable
ITEM #6- not applicable
ITEM #7-not applicable
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete and correct.
Date: JUNE 4, 1998
Signature: Thomas S. Mitchell
