STONE CONTAINER CORP
8-K, 1995-09-08
PAPERBOARD MILLS
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                SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C.  20549

                            Form 8-K

                         CURRENT REPORT

                 Pursuant to Section 13 or 15(d) of
                the Securities Exchange Act of 1934


Date of Report (Date of
earliest event reported):                      September 8, 1995


                   Stone Container Corporation                  
     (Exact name of registrant as specified in its charter)


Delaware                    1-3439                36-2041256     
(State or other          (Commission                (IRS Employer
jurisdiction of          File Number)         Identification No.)
incorporation)


150 North Michigan Avenue, Chicago, Illinois              60601  
(Address of principal executive offices)               (Zip Code)


Registrant's telephone number,
including area code:   (312) 346-6600                            


                                N/A                              
(Former name or former address, if changed since last report.)

<PAGE>
Item 5.  Other Events

     On August 31, 1995, Stone Container Corporation issued a
press release, which is attached as Exhibit 20 hereto and is
incorporated by reference herein.

Item 7.  Financial Statements and Exhibits

          (c)  Exhibits

          The exhibits accompanying this report are listed in the
accompanying Exhibit Index.

<PAGE>
     Pursuant to the requirements of the Securities Exchange Act
of 1934, the Company has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.

                                      STONE CONTAINER CORPORATION


                                   By:  Leslie T. Lederer
                                        Leslie T. Lederer
                                        Vice President, Secretary
                                        and Counsel


Date:  September 8, 1995

<PAGE>
                         EXHIBIT INDEX


     The following exhibit is filed herewith as noted below.


Exhibit No.                         Exhibit
     20                   Press release issued by Stone Container
                          Corporation dated August 31, 1995




                                                       EXHIBIT 20

                                                    Traded: NYSE

                                                     Symbol: STO


                                   For more information contact:

                                   Arnold F. Brookstone
                                   Executive Vice President -
                                   Chief Financial &
                                   Planning Officer
                                   (312) 580-4637

For Immediate Release



        STONE CONTAINER ANNOUNCES DOWNTIME AT SEVEN MILLS
     180,000 Tons Removed From Production During Third Quarter


     CHICAGO, Aug. 31, 1995 - Stone Container Corporation
announced that it will have removed 180,000 tons of production
from seven mills during the third quarter.  

     The downtime includes approximately 135,000 tons of
containerboard removed for inventory balancing  purposes and
approximately 45,000 tons of containerboard and newsprint removed
for routine maintenance purposes.

     The impact in the third quarter of removing containerboard
production for inventory balancing will be approximately $28
million before taxes and $16 million after taxes, or
approximately $0.17  per primary share and $0.14 per fully
diluted share. 

     "This downtime will help ensure that our inventories remain
at reasonable levels in relation to current demand/supply
conditions," said Roger W. Stone, chairman, president and chief
executive officer.

     Stone Container is a multinational pulp, paper and paper
packaging company.  Its product line includes containerboard,
corrugated containers, kraft paper, paper bags and sacks, market
pulp, wood products and, through Stone-Consolidated Corporation, 
newsprint and groundwood papers.

     Headquartered in Chicago, the company has manufacturing
facilities and sales offices in North America, Europe, the United
Kingdom, Central and South America, the Pacific Rim and
Australia.



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