Pricing Supplement No. 5 Dated November 12, 1998 Rule 424(b)(2)
(To Prospectus dated June 9, 1997 and File No. 33-64225
Prospectus Supplement dated June 9, 1997)
NEWELL CO.
Medium-Term Notes, Series A
$30,000,000
5.78% Senior Notes
Trade Date: November 12, 1998
Original Issue Date: November 17, 1998
Principal Amount: $30,000,000
Initial Price to Public: 100% of Principal Amount, plus
accrued interest, if any, from
and including November 17,
1998
Interest Rate: 5.78%
Interest Payment Dates: May 17 and November 17 of each
year, commencing May 17, 1999
Maturity Date: November 17, 2005
Discount to Agent
(as percentage of principal amount) .60%
Net Proceeds to Company
(as percentage of principal amount): 99.40%
As of the date hereof, $470,500,000 in aggregate principal amount of
Medium-Term Notes, Series A, of the Company have been sold (including
the Notes to which this Pricing Supplement relates).
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Form: /X/ Book-Entry /_/ Certificated
Original Issue Discount Note: /_/ Yes /X/ No
______________________________________________________________________
Agent: Chase Securities Inc.
Agent is acting in the capacity as indicated below:
/_/ Agent /X/ Principal
______________________________________________________________________
CHASE SECURITIES INC.<PAGE>