AIRGAS INC
424B3, 1996-09-13
CHEMICALS & ALLIED PRODUCTS
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(To Prospectus dated August 1, 1996 and             Rule 424(b)(3)             
Prospectus Supplement dated August 1, 1996)         File No. 333-8113
Pricing Supplement No. 2                            Date: September 12, 1996
                                 AIRGAS, INC.
                        Medium-Term Notes - Fixed Rate
______________________________________________________________________________
Principal Amount: $50,000,000         Interest Rate:  7.15%
Agent's Discount or                   Stated Maturity Date: September 17, 2001
 Commission: $250,000
Net Proceeds to Issuer: $49,681,500   Original Issue Date: September 17, 1996 
______________________________________________________________________________
(notes at price of 99.863)

Interest Payment Dates:  January 15 and July 15

Default Rate: N/A
Redemption: N/A

[X]  The Notes cannot be redeemed prior to the Stated Maturity Date.
[ ]  The Notes may be redeemed prior to the Stated Maturity Date.
     Initial Redemption Date:
     Initial Redemption Percentage:
     Annual Redemption Percentage Reduction: _____% until Redemption           
      Percentage is 100% of the principal amount.

Optional Repayment:
[X]  The Notes cannot be repaid prior to the Stated Maturity Date.
[ ]  The Notes can be repaid prior to the Stated Maturity Date at the option   
      of the holder of the Notes.
     Option Repayment Dates:
     Repayment Price: ____%

Authorized Denomination:
[X]  $1,000 and integral multiples thereof.
[ ]  Other __________

Original Issue Discount: [X] Yes  [ ] No
        Total Amount of OID: $68,500
        Yield to Maturity:  7.189%
        Initial Accrual Period:  September 17, 1996 - January 15, 1997

Form:   [X] Book Entry   [ ] Certificated
                                            Amount     Net Proceeds to Issuer
                                            ________   ______________________
Agents:   NationsBanc Capital Markets, Inc. 20,000,000   19,872,600
          Donaldson, Lufkin & Jenrette      15,000,000   14,904,450
          Morgan Stanley & Company          15,000,000   14,904,450
                                            __________   __________
                                            50,000,000   49,681,500
Agent acting in the capacity as indicated below:
        [ ] Principal    [X] Agent

If as Principal:
[ ] The Notes are being offered at varying prices related to prevailing market 
    prices at the time of resale.
[ ] The Notes are being offered at a fixed initial public offering price of    
    ____% of principal amount. 

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If as Agent:
            The Notes are being offered at a fixed initial public offering     
       price of 99.863% of Principal Amount.

Other Provisions:

Use of Proceeds:

     The Company intends to apply substantially all of the proceeds from the
sale of the Notes to repay indebtedness outstanding under a revolving credit
facility.  Such indebtedness is of varying maturities through July 1, 1997 and
bears interest at rates from 5.80% to 5.84% per annum.

CUSIP Number:  00936EAB4

Airgas, Inc.
Authorized Signature:  /s/ James N. Borum
                       _____________________
                       James N. Borum
                       Assistant Treasurer


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