MEAD CORP
10-K/A, 1994-06-28
PAPERS & ALLIED PRODUCTS
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================================================================================

                   SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549
                              FORM 10-K/A
    [X] AMENDMENT NO. 2 TO ANNUAL REPORT PURSUANT TO SECTION 13 OR
          15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
    For the fiscal year ended December 31, 1993
                                  OR
    [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF
          THE SECURITIES EXCHANGE ACT OF 1934
    For the transition period from _______________ to ______________
          Commission File No. 1-2267

                         THE MEAD CORPORATION
       (Exact name of registrant as specified in its charter)
               Ohio                               31-0535759
      (State of Incorporation)      (I.R.S. Employer Identification No.)

                        MEAD WORLD HEADQUARTERS
                       COURTHOUSE PLAZA NORTHEAST
                          DAYTON, OHIO 45463
               (Address of principal executive offices)
 
       Registrant's telephone number, including area code: 513-495-6323
       Securities registered pursuant to Section 12(b) of the Act:     

                                            Name of Each Exchange
          Title of Each Class               on which Registered 
          -------------------               ---------------------

       Common Shares Without Par Value      New York Stock Exchange
         and Common Share Purchase Rights   Chicago Stock Exchange
                                            Pacific Stock Exchange
       9% Debentures due 2017               New York Stock Exchange
       6 3/4% Convertible Subordinated      New York Stock Exchange
         Debentures due 2012
                         _________________________

       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 (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.  Yes X  No __.
                          _________________________

       Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be contained, 
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [ ]
                          _________________________

       As of January 27, 1994, the aggregate market value of the voting
shares held by non-affiliates of the Registrant was approximately $2,749,360,000
determined by multiplying the highest selling price Share on the New York Stock
Exchange--Composite Transactions Tape on such date times the amount by which the
total shares outstanding exceeded the shares beneficially owned by directors and
executive officers of the Registrant.  Such determination shall not, however,
be deemed to be an admission that any person is an "affiliate" as defined in
Rule 405 under the Securities Act of 1933.

       The number of Common Shares outstanding at March 1, 1994 was 59,271,120.

                     DOCUMENTS INCORPORATED BY REFERENCE
       Portions of Registrant's Proxy Statement for the Annual Meeting of
Shareholders scheduled to be held on April 28, 1994, are incorporated by 
reference in Part III; definitive copies of said Proxy Statement were filed with
the Securities and Exchange Commission on March 14, 1994.

================================================================================
<PAGE>
Pursuant to Rule 15d-21 under the Securities Exchange Act of 1934, the
undersigned registrant (the Registrant) hereby amends its annual report on
Form 10-K for the fiscal year ended December 31, 1993 to include the following
information and financial statements required by Form 11-K with respect to The
Mead Savings Plan for Bargaining Unit Employees (the Plan) for the year ended
December 31, 1993:


THE MEAD SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES

TABLE OF CONTENTS
- - ---------------------------------------------------
(PAGE NUMBER REFERENCES ARE APPLICABLE TO PAPER COPY ONLY)           Page

INDEPENDENT AUDITORS' REPORT                                            1

FINANCIAL STATEMENTS:

 Statement of Net Assets Available for Benefits
  as of December 31, 1993 and 1992                                      2

 Statement of Changes in Net Assets Available for
  Benefits for the Year Ended December 31, 1993                         3

NOTES TO FINANCIAL STATEMENTS                                         4-8

SUPPLEMENTAL SCHEDULES:

 Schedule of Reportable Transactions in Excess
  of Five Percent of the Current Value of Plan
  Assets for the Year Ended December 31, 1993                        9-12

 Schedule of Assets Held for Investment as of
  December 31, 1993                                                 13-14 

 
EXHIBIT:

 Independent Auditors' Consent                                         15

 Signatures                                                            16
<PAGE>
INDEPENDENT AUDITORS' REPORT

Members of the Corporate Benefits Committee
The Mead Savings Plan for Bargaining Unit Employees
Dayton, Ohio

We have audited the accompanying statements of net assets available for
benefits of The Mead Savings Plan for Bargaining Unit Employees (the Plan) as
of December 31, 1993 and 1992, and the related statement of changes in net
assets available for benefits for the year ended December 31, 1993.  These
financial statements are the responsibility of the Plan's management.  Our
responsibility is to express an opinion on these financial statements based
on our audits.

We conducted our audits in accordance with generally accepted auditing
standards.  Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are free
of material misstatement.  An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements. 
An audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial
statement presentation. We believe that our audits provide a reasonable
basis for our opinion.

In our opinion, such financial statements present fairly, in all material
respects, the net assets available for benefits of the Plan at December 31,
1993 and 1992, and the changes in net assets available for benefits for the
year ended December 31, 1993, in conformity with generally accepted accounting
principles.  

Our audits were conducted for the purpose of forming an opinion on the basic
financial statements taken as a whole.  The supplemental schedules of (1)
assets held for investment as of December 31, 1993 and 1992, and (2)
reportable transactions in excess of five percent of the current value of plan
assets for the year ended December 31, 1993, are presented for the purpose of
additional analysis and are not a required part of the basic financial
statements but are supplementary information required by the Department of
Labor's Rules and Regulations for Reporting and Disclosure under the Employee
Retirement Income Security Act of 1974.  These schedules are the
responsibility of the Plan's management.  Such schedules have been subjected
to the auditing procedures applied in our audit of the basic 1993  financial
statements and, in our opinion, are fairly stated in all material respects
when considered in relation to the basic financial statements taken as a
whole.

DELOITTE & TOUCHE

DELOITTE & TOUCHE

Dayton, Ohio
June 17, 1994
<PAGE>
THE MEAD SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
DECEMBER 31, 1993 AND 1992


                                                                      
ASSETS                                    1993          1992      
- - ------------------------------------  ------------  ------------  
Investments in securities (Note E):                                
  Twentieth Century Select                                        
   Investors Fund                      $3,212,023    $  794,892   
  Vanguard Equity Income Fund           1,773,480       433,192   
Short-Term Investments                    842,058       395,164   
U.S. Treasury Obligations                 802,502                 
Federal Agency Obligations                 51,047       382,957   
Corporate Mortgage Pools                   59,082                 
Foreign Government Bonds                   52,438                 
Interest receivable                        13,847         6,169   
                                      ------------  ------------  
    Total assets                        6,806,477     2,012,374   
                                      ------------  ------------  
                                                                  
                                                                  
LIABILITIES                                                       
- - ------------------------------------                              
Accounts payable -                                                
  Administrative fees and other            10,270         8,325   
                                      ------------  ------------  
                                                                  
                                                                  
                                                                  
Net Assets Available for Benefits      $6,796,207    $2,004,049   
                                      ============  ============  
                                                                  
See notes to financial statements                                 
<PAGE>
THE MEAD SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEAR ENDED DECEMBER 31, 1993

                                                             
                                                             
INCREASE IN PLAN ASSETS:                                     
 Contributions:                                              
  Employees                                     $4,527,533   
  Employee rollovers from other plans               11,522   
 Investment income:                                          
  Interest                                          53,126   
  Dividends (including capital gain                450,149   
   distributions of $367,233)                  ------------  

Total increases                                  5,042,330   
                                               ------------  
                                                             
DECREASES IN PLAN ASSETS:                                    
 Distributions                                      62,661   
 Administrative expenses                            52,385   
 Net depreciation of investments                   135,126   
                                               ------------  
 Total decreases                                   250,172   
                                               ------------  
                                                             
                                                             
NET INCREASE IN PLAN ASSETS                      4,792,158   
                                                             
NET ASSETS - DECEMBER 31, 1992                   2,004,049   
                                               ------------  
NET ASSETS - DECEMBER 31, 1993                  $6,796,207   
                                               ============  
                                                             
See notes to financial statements                            
<PAGE>
THE MEAD SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES

NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1993 AND 1992 AND
FOR THE YEAR ENDED DECEMBER 31, 1993

A.     PLAN DESCRIPTION

The Mead Savings Plan For Bargaining Unit Employees (the "Plan") permits union
employees of the Mead Corporation (Mead) to participate in a program of
personal savings.  Generally, employees who are covered by collective
bargaining agreements, which include the Plan, are eligible to participate in
this Plan.

Employees may generally authorize a redirection of payroll wages of up to 10%
of compensation as a contribution to the Plan.  Employee contributions are at
all times fully vested and nonforfeitable.  

During the year ended December 31, 1993, participants could direct their
contributions to different funds of the Plan as described below:

       Interest Income Fund - Contributions to the Interest Income Fund are
       invested in diversified, high quality, income producing, short-term
       investments, primarily U.S. Treasury and Government Agency obligations.

       Equity Growth Fund - Contributions are invested in the Twentieth Century
       Select Investors Fund managed by Investors Research Corporation.  The
       Twentieth Century Select Investors Fund invests in a diversified equity
       portfolio with capital growth as its primary objective.

       Equity Income Fund - Contributions to the Equity Income Fund are
       invested in the Vanguard Equity Income Fund, which is managed by the
       Vanguard Group of Investment Companies.  The Vanguard Equity Income Fund
       is a diversified equity portfolio consisting primarily of income
       producing securities.

Under the terms of the Plan, contributions to the above funds are initially
deposited in the WB Short Term Investment Fund (STIF) managed by Wachovia
Trust (the Trustee).  Contributions remain in the WB Short Term Investment
Fund for approximately 30 days before being transferred to the employee
directed investment fund.

At December 31, 1993, there were approximately 1,511 participants in the Plan,
of whom 596 had invested in the Interest Income Fund, 1,178 in the Equity Growth
Fund and 896 in the Equity Income Fund.  Expenses for administering the Plan
during 1993, including the compensation and expenses of the Plan trustee and
trading costs, are paid out of the funds of the Plan and by Mead.  Certain
internal administrative expenses are paid by Mead.

Mead reserves the right to terminate the Plan at any time, subject to Plan
provisions and the bargaining agreements.  Upon such termination of the Plan,
the remaining assets in the Plan, net of expenses properly charged thereto,
shall be distributed to participants or their beneficiaries in cash based upon
their interests in the Plan at the termination date.

B.     SIGNIFICANT ACCOUNTING POLICY

Investments - Investments are stated at fair value as measured by readily
available market prices.

C.     TAXES

The Plan is a "qualified cash or deferred arrangement" under Sections 401(a)
and 401(k) of the Internal Revenue Code and, as such, is exempt from Federal
income taxes under Section 501(a).  All income of the Plan will be distributed
to the participants, and no income is taxable to the Plan.  Generally, the
first 10% of contributed employee compensation and Plan earnings are not
taxable until disbursed to the participants.  The sponsor has filed an
application for a determination letter with the Internal Revenue Service.

D.     BENEFITS PAYABLE

At December 31, 1993, net assets available for benefits includes benefits of
$8,269 due to participants who have withdrawn from participation in the Plan.

<PAGE>
<TABLE>
E.     NET ASSETS AVAILABLE FOR BENEFITS BY FUND

DECEMBER 31, 1993
<CAPTION>
                                       NUMBER OF      INTEREST       EQUITY        EQUITY       SHORT TERM                   
                                         SHARES     INCOME FUND   GROWTH FUND   INCOME FUND   INVESTMENT FUND    TOTAL      
                                      ------------  ------------  ------------  ------------  ---------------  ------------  
<S>                                       <C>       <C>           <C>           <C>           <C>              <C>
ASSETS                                                                                                                       
                                                                                                                             
Investments in securities:                                                                                                   
  Twentieth Century Select                                                                                                   
   Investors Fund                          81,399    $             $3,212,023    $              $               $3,212,023   
  Vanguard Equity Income Fund             129,830                                 1,773,480                      1,773,480   
Short-Term Investments                                  341,172         1,980         1,182          497,724       842,058   
U.S. Treasury Obligations                               802,502                                                    802,502   
Federal Agency Obligations                               51,047                                                     51,047   
Corporate Mortgage Pools                                 59,082                                                     59,082   
Foreign Government Bonds                                 52,438                                                     52,438   
Interest receivable                                      12,616           786           445                         13,847   
                                                    ------------  ------------  ------------  ---------------  ------------  
    Total assets                                      1,318,857     3,214,789     1,775,107          497,724     6,806,477   
                                                    ------------  ------------  ------------  ---------------  ------------  
                                                                                                                             
LIABILITIES                                                                                                                  
                                                                                                                             
Accounts payable -                                                                                                           
  Administrative fees and other                           1,917         4,757         3,636              (40)       10,270   
                                                    ------------  ------------  ------------  ---------------  ------------  
                                                                                                                             
INTERFUND ACCOUNTS                                                                                                           
                                                                                                                             
Employee contribution receivable                         96,140       256,297       145,327         (497,764)               
Transfers receivable                                    (22,943)       32,294        (9,351)                               
                                                    ------------  ------------  ------------  ---------------  ------------  
    Net interfund receivable (payable)                   73,197       288,591       135,976         (497,764)               
                                                    ------------  ------------  ------------  ---------------  ------------  
NET ASSETS                                           $1,390,137    $3,498,623    $1,907,447    $                $6,796,207   
                                                    ============  ============  ============  ===============  ============  

</TABLE>
<PAGE>
<TABLE>
E.     NET ASSETS AVAILABLE FOR BENEFITS BY FUND (Continued)

DECEMBER 31, 1992
<CAPTION>
                                       NUMBER OF      INTEREST        EQUITY         EQUITY        SHORT TERM                     
                                         SHARES      INCOME FUND    GROWTH FUND    INCOME FUND   INVESTMENT FUND     TOTAL       
                                      ------------  -------------  -------------  -------------  ---------------  --------------  
<S>                                        <C>      <C>            <C>            <C>            <C>              <C>
ASSETS                                                                                                                            
                                                                                                                                  
Investments in securities:                                                                                                        
  Twentieth Century Select                                                                                                        
   Investors Fund                          20,529       $              $794,892       $                $               $794,892   
  Vanguard Equity Income Fund              33,528                                      433,192                          433,192   
Short-Term Investments                                    58,601          1,746            965          333,852         395,164   
Federal Agency Obligations                               382,957                                                        382,957   
Interest receivable                                        5,208              2              1              958           6,169   
                                                    -------------  -------------  -------------  ---------------  --------------  
    Total assets                                         446,766        796,640        434,158          334,810       2,012,374   
                                                    -------------  -------------  -------------  ---------------  --------------  
LIABILITIES                                                                                                                       
                                                                                                                                  
Accounts payable -                                                                                                                
  Administrative fees and other                            1,848          3,989          2,488                            8,325   
                                                    -------------  -------------  -------------  ---------------  --------------  
                                                                                                                                  
INTERFUND ACCOUNTS                                                                                                                
                                                                                                                                  
Employee contribution receivable                          78,274        160,060         95,518         (333,852)                 
Transfers receivable                                         225            459            274             (958)                
                                                    -------------  -------------  -------------  ---------------  --------------  
    Net interfund receivable (payable)                    78,499        160,519         95,792         (334,810)                 
                                                    -------------  -------------  -------------  ---------------  --------------  
                                                                                                                                  
NET ASSETS                                              $523,417       $953,170       $527,462         $             $2,004,049   
                                                    =============  =============  =============  ===============  ==============  

</TABLE>
<PAGE>
<TABLE>
F.  CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS BY FUND

YEAR ENDED DECEMBER 31, 1993
<CAPTION>
                                                                 SHORT TERM   
                                   INTEREST       EQUITY        EQUITY      INVESTMENT                 
                                 INCOME FUND   GROWTH FUND   INCOME FUND       FUND         TOTAL      
                                 ------------  ------------  ------------  ------------  ------------  
<S>                              <C>           <C>           <C>           <C>           <C>
INCREASES IN NET ASSETS:                                                                               
  Contributions:                                                                                       
   Employees                        $933,350    $2,284,597    $1,309,586       $          $4,527,533   
   Rollovers                           4,901         5,870           751                      11,522   
  Investment income:                                                                                   
   Interest                           41,186         7,614         4,326                      53,126   
   Dividends (including capital                    334,900       115,249                     450,149   
    gain distributions)
                                 ------------  ------------  ------------  ------------  ------------  
    TOTAL INCREASES                  979,437     2,632,981     1,429,912                   5,042,330   
                                                                                                       
DECREASES IN NET ASSETS:                                                                               
  Distributions                       19,285        23,558        19,804            14        62,661   
  Administrative expenses             11,999        25,265        15,130            (9)       52,385   
  Net depreciation of investments      3,338       124,638         7,150                     135,126   
                                 ------------  ------------  ------------  ------------  ------------  
    TOTAL DECREASES                   34,622       173,461        42,084             5       250,172   
                                                                                                       
INTERFUND TRANSFERS                  (77,339)       90,516       (13,177)                              
                                 ------------  ------------  ------------  ------------  ------------  
NET CHANGE IN NET ASSETS             867,476     2,550,036     1,374,651            (5)    4,792,158   
                                                                                                       
NET ASSETS -                                                                                           
  Beginning of Year                  522,661       948,587       532,796             5     2,004,049   
                                 ------------  ------------  ------------  ------------  ------------  
NET ASSETS -                                                                                           
  End of Year                     $1,390,137    $3,498,623    $1,907,447       $          $6,796,207   
                                 ============  ============  ============  ============  ============  
</TABLE>
<PAGE>
<TABLE>
The Mead Savings Plan for Bargaining Unit Employees                                                                
Schedule of Reportable Transactions                                                                               
For the Year Ended December 31, 1993                                                                              
<CAPTION>
                                                                                                                   
                                                                                                                   
                                                                                                                   
                                                                                                                   
                                ERISA 5500 Schedule of 5% Reportable Series of Transactions                       
                                           From January 1, 1993 to December 31, 1993                              
                                       Beginning Net Asset Value:    $2,071,110.49                                
                                           5% of Net Asset Value:    $  103,555.52                                
- - -------------------------------------------------------------------------------------------------------------------
  Asset ID        Security Description                           Maturity Date                                     
# of Purchases       Purchase Cost          # Sales     Rate     Sale Proceeds   Total #   Total Cost and Proceeds
- - -------------------------------------------------------------------------------------------------------------------
<S>  <C>      <C>                              <C>                 <C>              <C>         <C>
Equity Investments                                                                                                
- - --------------------                                                                                              
901289207     Twentieth Century Select Fund                                                                       
     16               2,545,319.93             2                    3,550.30        18          2,548,870.23       
                                                                                                                   
921921102     Vanguard Equity Income Fund                                                                          
     19               1,363,714.26             3                   16,148.89        22          1,379,863.15       
                                                                                                                   
Equity Investments Totals                                                                                         
- - ---------------------------                                                                                       
     35               3,909,034.19             5                   19,699.19        40          3,928,733.38       
                                                                                                                   
</TABLE>
<PAGE>
<TABLE>
The Mead Savings Plan for Bargaining Unit Employees                                                             
Schedule of Reportable Transactions                                                                            
For the Year Ended December 31, 1993                                                                           
<CAPTION>
                                                                                                                
                                                                                                                
                                  ERISA 5500 Schedule of 5% Reportable Series of Transactions                  
                                             From January 1, 1993 to December 31, 1993                         
                                         Beginning Net Asset Value:    $2,071,110.49                           
                                             5% of Net Asset Value:    $  103,555.52                           
- - ----------------------------------------------------------------------------------------------------------------
  Asset ID       Security Description                         Maturity Date                                     
# of Purchases      Purchase Cost        # Sales     Rate     Sale Proceeds   Total #   Total Cost and Proceeds
- - ----------------------------------------------------------------------------------------------------------------
<S>  <C>      <C>                           <C>     <C>       <C>                <C>         <C>
Fixed Income                                                                                                   
- - --------------------                                                                                           
912827E40     United States Treas Nts               5.375        2/28/94                                        
      0                        0             2                  172,440.63        2            172,440.63       
                                                                                                                
912827G63     United States Treas Nts               4.250        8/31/94                                        
      4               246,566.80             2                  266,969.14        6            513,535.94       
                                                                                                                
912827H54     United States Treas Nts               5.125       11/15/95                                        
      1                70,973.44             1                   71,832.03        2            142,805.47       
                                                                                                                
912827J86     United States Treas Nts               3.875        2/28/95                                        
      2               170,196.88             2                  170,192.18        4            340,389.06       
                                                                                                                
912827K27     United States Treas Nts               3.875        3/31/95                                        
      4               350,886.33             0                           0        4            350,886.33       
                                                                                                                
912827K76     United States Treas Nts               4.250        5/15/96                                        
      1                99,406.25             1                   50,117.19        2            149,523.44       
                                                                                                                
912827L75     United States Treas Nts               4.375        8/15/96                                        
      3               382,357.04             1                   50,359.38        4            432,716.42       
                                                                                                                
912827VT6     United States Treas Nts               8.625        1/15/95                                        
      1                75,775.00             2                  101,676.18        3            177,451.18       
                                                                                                                
912827ZJ4     United States Treas Nts               8.500        9/30/94                                        
      2               159,176.56             1                  172,682.81        3            331,859.37       
                                                                                                                
Fixed Income Totals                                                                                            
- - ---------------------------                                                                                    
     18             1,555,338.30            12                1,056,269.54       30          2,611,607.84       
</TABLE>
<PAGE>
<TABLE>
The Mead Savings Plan for Bargaining Unit Employees                                                             
Schedule of Reportable Transactions                                                                            
For the Year Ended December 31, 1993                                                                           
<CAPTION>
                                                                                                                
                                                                                                                
                                  ERISA 5500 Schedule of 5% Reportable Series of Transactions                  
                                             From January 1, 1993 to December 31, 1993                         
                                         Beginning Net Asset Value:    $2,071,110.49                           
                                             5% of Net Asset Value:    $  103,555.52                           
- - ----------------------------------------------------------------------------------------------------------------
  Asset ID       Security Description                         Maturity Date                                     
# of Purchases      Purchase Cost        # Sales     Rate     Sale Proceeds   Total #   Total Cost and Proceeds
- - ----------------------------------------------------------------------------------------------------------------
<S>  <C>      <C>   <C>                    <C>                <C>               <C>         <C>
Short Term Investments                                                                                                
- - ----------------------                                                                                                
              WB DTF S-T Investment Fund                                                                       
    174             8,428,667.70           125                8,339,958.77      299         16,768,626.47       
                                                                                                                
313313NP9     Fed Farm Cr Disc Nts                                                                              
      1               249,381.74             1                  249,381.74        2            498,763.48       
                                                                                                                
313385RT5     Fed Home Ln Disc Nts                                                                              
      1               299,448.75             0                           0        1            299,448.75       
                                                                                                                
313397PP0     Fed Home Ln Mtg Disc Nts                                                                          
      1               199,596.00             1                  199,596.00        2            399,192.00       
                                                                                                                
Short Term Investments Totals                                                                                         
- - -----------------------------                                                                                         
    177             9,177,094.19           127                8,788,936.51      304         17,966,030.70       
                                                                                                                

</TABLE>
<PAGE>
<TABLE>
The Mead Savings Plan for Bargaining Unit Employees                                                             
Schedule of Reportable Transactions                                                                            
For the Year Ended December 31, 1993                                                                           
<CAPTION>
                                                                                                                
                                                                                                                
                                  ERISA 5500 Schedule of 5% Reportable Series of Transactions                  
                                             From January 1, 1993 to December 31, 1993                         
                                         Beginning Net Asset Value:    $2,071,110.49                           
                                             5% of Net Asset Value:    $  103,555.52                           
- - ----------------------------------------------------------------------------------------------------------------
                                                                                                                
# of Purchases      Purchase Cost        # Sales     Rate     Sale Proceeds   Total #   Total Cost and Proceeds
- - ----------------------------------------------------------------------------------------------------------------
<S>  <C>             <C>                   <C>                 <C>              <C>         <C>
Equity Investments                                                                                             
- - ------------------                                                                                             
     35              3,909,034.19            5                    19,699.19      40          3,928,733.38       
                                                                                                                
Fixed Income Investments                                                                                       
- - ------------------------                                                                                       
     18              1,555,338.30           12                 1,056,269.54      30          2,611,607.84       
                                                                                                                
Short Term Investments                                                                                         
- - ----------------------                                                                                         
    177              9,177,094.19          127                 8,788,936.51     304         17,966,030.70       
                                                                                                                
Reportable Transaction Totals                                                                                  
- - -----------------------------                                                                                  
    230             14,641,466.68          144                 9,864,905.24     374         24,506,371.92       
                                                                                                                
Non-reportable Transaction Totals                                                                              
- - ---------------------------------                                                                              
      5                270,448.52           13                   184,067.15      18            454,515.67       
</TABLE>
<PAGE>
<TABLE>
The Mead Savings Plan for Bargaining Unit Employees                                                            
Schedule of Assets Held for Investment Purposes                                                        
As of December 31, 1993
<CAPTION>
- - --------------------------------------------------------------------------------------------------------
Description                            Shares/Par Value            Cost                  Market Value  
- - --------------------------------------------------------------------------------------------------------
GENERAL INVESTMENTS                                                                     
  <S>                                     <C>                    <C>                     <C>
  U.S. Government Securities                                                                             
                                                                                                        
    Federal Home Ln Bk Disc Nts               300,000              299,448.75              299,448.75   
    03/12/93 0% 01/13/1994                                                                              
                                                                                                        
    Federal Home Ln Bk Cons Bd                 50,000               50,000.00               51,047.00   
    11/25/92 5.375% 11/27/1995                                                                          
                                                                                                        
    United States Treas Nt                     80,000               71,040.80               73,064.80   
    Stripped Prin Pmt                                                                                   
    8.875% 02/15/1996                                                                                   
                                                                                                        
    United States Treas Nts                   350,000              350,886.33              350,108.50   
    03/31/93 3.875% 03/31/1995                                                                          
                                                                                                        
    United States Treas Nts                    50,000               49,703.12               49,843.50   
    05/17/93 4.25% 05/15/1996                                                                           
                                                                                                        
    United States Treas Nts                   330,000              332,074.11              329,485.20   
    08/16/93 4.375% 08/15/1996                                                                          
                                                                                                        
  Total U.S. Government Securities                               1,153,153.11            1,152,997.75   
                                                                                                        
  Corporate Debt Instruments - Other                                                                    
                                                                                                        
    Ford Credit Grantor Tr                59,285.6300               59,248.58               59,081.69   
    1993-B Asset Backed CTF CL A                                                                        
    07/15/93 4.30% 07/15/1998                                                                           
    Monthly/No Delay                                                                                    
                                                                                                        
  Total Corporate Debt Instruments - Other                          59,248.58               59,081.69   

</TABLE>
<PAGE>
<TABLE>
The Mead Savings Plan for Bargaining Unit Employees                                                                          
Schedule of Assets Held for Investment Purposes                                                        
As of December 31, 1993
<CAPTION>
- - --------------------------------------------------------------------------------------------------------
Description                            Shares/Par Value            Cost                  Market Value  
- - --------------------------------------------------------------------------------------------------------
<S>                                           <C>                <C>                     <C>
  Other Investments                                                                                     
                                                                                                        
    Swedish Natl Housing Finance                    50,000          53,408.50               52,437.50   
    01/24/90 8.75% 01/24/1995                                                                           
    Eurobond US$1000                                                                                    
                                                                                                        
  Total Other Investments                                           53,408.50               52,437.50   
                                                                                                        
                                                                                                        
TOTAL GENERAL INVESTMENTS                                        1,265,810.19            1,264,516.94   
                                                                                                        
                                                                                                        
COMMON/COLLECTIVE TRUSTS                                                                                
                                                                                                        
    WB DTF Short Term Investment Fund         542,609.6600         542,609.66              542,609.66   
                                                                                                        
TOTAL COMMON/COLLECTIVE TRUSTS                                     542,609.66              542,609.66   
                                                                                                        
                                                                                                        
REGISTERED INVESTMENT COMPANIES                                                                         
                                                                                                        
    Twentieth Century Invs Inc                 81,399.4620       3,347,314.67            3,212,022.77   
    Select Invs Sh                                                                                      
                                                                                                        
    Vanguard Equity Income Fd Inc             129,830.1800       1,776,228.88            1,773,480.26   
                                                                                                        
TOTAL REGISTERED INVESTMENT COMPANIES                            5,123,543.55            4,985,503.03   
                                                                                                        
                                                                                                        
GRAND TOTAL                                                      6,931,963.40            6,792,629.63   
</TABLE>
<PAGE>
INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in Registration Statement No. 33-
53421 on Form S-8 of our report dated June 17, 1994, accompanying the
financial statements of The Mead Savings Plan for Bargaining Unit Employees
included in the Form 10-K/A Amendment No. 2 to the Annual Report on Form 10-K
of The Mead Corporation for the year ended December 31, 1993.


DELOITTE & TOUCHE

DELOITTE & TOUCHE

Dayton, Ohio
June 24, 1994
<PAGE>
                                SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant and the administrators of the Plan have duly caused this amendment
to the Annual Report on Form 10-K to be signed by the undersigned, thereunto
duly authorized.


                                           THE MEAD CORPORATION
                                           (Registrant)


Date:  June 27, 1994                By:           John D. Fuller
                                               --------------------------
                                                  John D. Fuller
                                                  Controller and
                                                  Chief Accounting Officer


                                           THE MEAD SAVINGS PLAN FOR BARGAINING
                                           UNIT EMPLOYEES


Date:  June 27, 1994                By:           James D. Bell
                                               --------------------------
                                                  James D. Bell
                                                  Director of Benefits






















ANNUAL\FORM10KA
062494


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