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:
MITCHELL & HENRY, INC. - 13-3627401
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 New York
7. Sole Voting Power -
8. Shared Voting Power -Mitchell & Henry, Inc. - 497,500
9. Sole Dispositive Power - Mitchell & Henry, Inc. - 497,500
10. Shared Dispositive Power
11. Aggregate Amount Beneficially Owned by Each Reporting Person 497,500
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
13. Percent of Class Represented by Amount in Row (11) 4.13%
14. Type of Reporting Person
MITCHELL & HENRY, INC.-IA
CUSIP NO: 94356710
SCHEDULE 13D
ITEM #1- WAXMAN INDUSTRIES, INC.METRA BIOSYSTEMS
ITEM #2-A-Mitchell & Henry, Inc.-Robert A. Henry, President; Thomas S.
Mitchell,
Chief Investment Officer
B- POB 31, Lake Placid, NY 12946
C- Investment Advisor
D- During the last five years, Mitchell & Henry, Inc., Thomas S. Mitchell
and/or Robert A. Henry, have not been convicted in a criminal
proceeding .
E- During the last five years, Mitchell & Henry, Inc., Thomas S. Mitchell
and/or
Robert A. Henry, have 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- 497,500/ 12,053,422 = 4.13%
b- Thomas S. Mitchell and Robert A. Henry shared dispositive
power and
shared voting power
c- 236,000 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
Title: Chief Investment Officer
