PROSPECTUS SUPPLEMENT
(To Prospectus dated March 15, 1994)
141,700 Shares
ZENITH ELECTRONICS CORPORATION
Common Stock
($1.00 par value)
____________________________
Pursuant to a Sales Agency Agreement dated March 16, 1994, between
Zenith Electronics Corporation (the "Company") and Kidder, Peabody & Co.
Incorporated ("Kidder, Peabody"), the Company has sold, through Kidder,
Peabody, as exclusive agent of the Company, 141,700 shares of Common
Stock pursuant to ordinary brokers' transactions on the New York Stock
Exchange and/or the Chicago Stock Exchange.
Pricing Period: March 16, 1994 through March 20, 1994
Common Stock sold: 36,000 Average Market Price Shares
105,700 Additional Shares
141,700 Total Shares sold
High and low sales prices of
Average Market Price Shares
sold during Pricing Period: $ 12.125 $ 11.25
Average Market Price: $ 11.5208
Net Proceeds to Company
for Average Market Price Shares: $ 390,902
Total Net Proceeds to Company: $ 1,604,277
Compensation to Kidder, Peabody
for Average Market Price Shares: $ 24,536
Total Compensation to Kidder,
Peabody: $ 37,748
On March 18, 1994, the last reported sales price of the Common Stock on the
New York Stock Exchange was $11.25 per share.
The shares of Common Stock have been listed on the New York Stock Exchange.
_______________
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE
SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION
PASSED UPON THE ACCURACY OF THIS PROSPECTUS. ANY REPRESENTATION
TO THE CONTRARY IS A CRIMINAL OFFENSE.
_______________
The date of this Prospectus Supplement is March 21, 1994
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USE OF PROCEEDS
The net proceeds ($1,604,277 before expenses) received by the Company
from the sale of the 141,700 shares of Common Stock will first be used to
repay short-term borrowings and other amounts payable under the Company's
Credit Agreement and any remaining net proceeds will be used for other
general corporate purposes.
