CHASE MANHATTAN CORP
SC 13G, 1996-02-14
NATIONAL COMMERCIAL BANKS
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                        SECURITIES AND EXCHANGE COMMISSION                     
                             WASHINGTON, D.C.  20549
                                   SCHEDULE 13G
                     UNDER THE SECURITIES EXCHANGE ACT OF 1934

                             (AMENDMENT NO. _________)   
                                            

     NAME OF ISSUER:  United Stationers, Inc.
     


     TITLE OF CLASS OF SECURITIES: Common Stock, par value
    			$.10 per share.


     CUSIP NO.             913004107


Check the following box if a fee is being paid with this statement [x]. 
(A fee is not required only if the filing person: (1) has a previous 
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7).

* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities 
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).


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(1)  NAME OF REPORTING PERSON:  The Chase Manhattan Corporation 
                                      

    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:   13-2633613 
                                                           
                                                            

(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:     (A) []
                                                           (B) [X]

(3)  SEC USE ONLY


(4)   CITIZENSHIP OR PLACE OF ORGANIZATION:    Delaware
                                               


      	NUMBER OF SHARES BENEFICIALLY
      	OWNED BY EACH REPORTING PERSON WITH:  

		(5)  SOLE VOTING POWER:
                            1,234,491 Common Shares 
                               


              	(6)  SHARED VOTING POWER:
                                  0   Common Shares


               	(7)  SOLE DISPOSITIVE POWER:
                            1,234,491 Common Shares
                                                

               	(8)  SHARED DISPOSITIVE POWER:
                                   0  Common Shares 


(9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 
     PERSON:
                            1,234,491 Common Shares               
                                         

(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
     SHARES:

     		Not Applicable

                                   
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 
		
		
                                  

(12) TYPE OF REPORTING PERSON:       HC
                                    
                                    


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(1)  NAME OF REPORTING PERSON:  Chase Manhattan Investment Holdings,        
	  		Inc. 
                                
                                      
    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS:   51-0297003 
                                                            
                                                            

(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:     (A) []
                                                           (B) [X]


(3)  SEC USE ONLY


(4)  CITIZENSHIP OR PLACE OF ORGANIZATION:     United States
                                               


      	NUMBER OF SHARES BENEFICIALLY
      	OWNED BY EACH REPORTING PERSON WITH:  

		(5)  SOLE VOTING POWER:
                                1,234,491  Common Shares 
                                            

		(6)  SHARED VOTING POWER:
                                       0   Common Shares


               	(7)  SOLE DISPOSITIVE POWER:
                                1,234,491  Common Shares
                                                

               	(8)  SHARED DISPOSITIVE POWER:
                                        0  Common Shares 


(9)  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 
     PERSON:
                                1,234,491  Common Shares               
                                         

(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
     SHARES:

     		Not Applicable

                                   
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 

		10.381%
                       

(12) TYPE OF REPORTING PERSON:     CO 





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ITEM 1 (a)   NAME OF ISSUER:   United Stationers, Inc.


ITEM 1 (b)   ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
                                         
             	2200 East Golf Road
             	Des Plaines, IL 60016-1267

ITEM 2 (a)   NAME OF PERSON FILING:

             	The Chase Manhattan Corporation (CMC)
	 	Chase Manhattan  Investment Holdings, Inc.
             	
ITEM 2 (b)   ADDRESS OF PRINCIPAL BUSINESS OFFICE:

             	One Chase Manhattan Plaza
	     	New York, New York 10081
	     
ITEM 2 (c)   CITIZENSHIP:

             	State of Delaware (CMC)
	     	United States (CMIHI)
	     	
             
ITEM 2 (d)   TITLE OF CLASS OF SECURITIES:

             Common Stock, par value $.10 per share (the "Shares")
                       

ITEM 2 (e)   CUSIP NO: 913004107
                      

ITEM 3   If this statement is filed pursuant to Rule 13d-1(b), 
         or 13d-2(b), check whether the persons filing are:

	 This statement is not being filed pursuant to Rule 13d-1(b)
         or 13d-2(b).


Item 4.	 OWNERSHIP:

(a)      Amount Beneficially Owned:

	CMIHI is the beneficial owner of 1,234,491 Shares by virtue of its
	direct ownership of 758,994 Shares and an exercisable warrant to
	purchase 475,497 Shares.  By virtue of its ownership of all of
	the outstanding common stock of CMIHI, CMC may be deemed to possess
	indirect beneficial ownership of the Shares beneficially owned by
	CMIHI.

	The filing of this Statement by CMIHI shall not be construed
	as an admission that CMIHI for purposes of Section 13(d) 
	or 13(g) of the Act, the beneficial owner of any securities 
	covered by this statement.


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(b)     Percent of Class:

	CMIHI is the beneficial owner of 10.381% of the outstanding class of
	Nextel Shares by virtue of its direct ownership of 758,,994 Shares
	and an exercisable warrant to purchase 475,497 Shares.  By 
	virtue of its ownership of all of the outstanding common stock
	of CMIHI, CMC may be deemed to possess indirect beneficial 
	ownership of the Shares beneficially owned by CMIHI.

	The percentages calculated in this Item 4 are based upon 11,415,822
	Shares outstanding as of November 6, 1995, as disclosed in United
	Stationers Inc. Form 10Q for the quarter ended September 30, 1995.


(c)     Number of shares as to which the Filing Persons have:

        (i)  sole power to vote or to direct the vote:

	CMIHI has sole power to vote or to direct the vote of
	1,234,491 Shares by virtue of its direct ownership of
	758,994 Shares and an exercisable warrant to purchase
	475,497 Shares.  By virtue of its ownership of all of the
	outstanding common stock of CMIHI, CMC may be deemed to
	possess sole power to vote or to direct the vote of the
	1,234,491 Shares beneficially owned by CMIHI.


        (ii)  shared power to vote or to direct the vote:

              	0 Shares
                  
        (iii)  sole power to dispose or to direct the disposition of:

	      CMIHI has sole power to dispose or to direct the disposition
	      of 1,234,491 shares by virtue of its direct ownership of 
	      758,994 Shares and an exercisable warrant to purchase
	      475,497 shares.  By virtue of its ownership of all of the
	      outstanding common stock of CMIHI, CMC may be deemed to
	      possess sole power to dispose or to direct the disposition
	      of the 1,234,491 Shares beneficially owned by CMIHI.



	CMC has sole power to dispose or to direct the disposition of the 	
	1,234,491 Shares.  By virtue of its ownership of all of the
        outstanding common stock of CMC, CMIHI may be deemed to possess sole
        power to dispose or to direct the disposition of the 1,234,491
        Shares.  By virtue of its ownership of all of the outstanding common
        stock of CMIHI, CMC may be deemed to possess sole power to dispose
        or to direct the disposition of the 1,234,491 Shares beneficially 
        owned by CMIHI.

        (iv)   shared power to dispose or direct the disposition of:

              	0 Shares
                  

Item 5.	   Ownership of Five Percent or Less of a Class:


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		Not Applicable


Item 6.	   Ownership of More than Five Percent on Behalf of Another Person: 
           
		Not Applicable


Item 7.	   Identification and Classification of Subsidiaries Which Acquired 
           the Security Being Reported on By the Parent Holding Company:
                 
	   Chase Manhattan Investment Holdings, Inc.             CO	


Item 8.	   Identification and classification of Members of the Group:
           
		Not Applicable


Item 9.	   Notice of Dissolution of Group:
           
		Not Applicable


ITEM 10.   CERTIFICATION:
           
		Not Applicable

	SIGNATURE:  After reasonable inquiry and to the best of their 
	knowledge and belief, the undersigned certify that the information 
        set forth in this statement is true, complete and correct.


		THE CHASE MANHATTAN CORPORATION



Dated:  February 14, 1996  	By:/s/John V. Caulfield
                                   John V. Caulfield, Vice President

		

	THE CHASE MANHATTAN INVESTMENT HOLDINGS,  INC.



Dated:  February 14, 1996 	By:/s/Sylvia D. Leary
                                   Sylvia D. Leary, Vice President

		




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