Pricing Supplement No. 2            Filing under Rule 424(b)(3)
Dated May 17, 1995                  Registration File No. 33-59129
(To Prospectus dated May 11, 1995 and
 Prospectus Supplement dated May 12, 1995)

                          AVERY DENNISON CORPORATION

                           Medium-Term Notes, Series C
                Due from 9 Months to 30 Years from Date of Issue

     The Medium-Term Note(s) due from 9 months to 30 years from the
date of issue offered concurrently herewith will have a: _X_ fixed 
rate of interest, ______ floating rate of interest; and will be 
issued initially as: _X_  a Global Note, ____

                                    
Principal Amount: $10,000,000          Interest rate basis (if floating rate):N/A
Interest Rate (if fixed rate): 7.54%   _____ Commercial Paper Rate
Stated Maturity: May 26, 2025          _____ Prime Rate
Specified Currency: U.S. Dollars       _____ LIBOR
Authorized Denominations               _____ Treasury Rate
 (if specified currency is             _____ CD Rate
  not U.S. dollars):  N/A              _____ Federal Funds Rate
Exchange Rate Agent                    _____ Others:
 (if specified currency is             Calculation Agent:  N/A
  not U.S. dollars):  N/A              Index Maturity:  N/A
Issue price (as a percentage of        Spread:  N/A
 principal amount): 100%               Spread Multiplier:  N/A
Selling Agent's commission (%): .75%   Maximum Interest Rate:  N/A
Purchasing Agent's discount            Minimum Interest Rate:  N/A
 or commission (%):  N/A               Initial Interest Rate:  N/A
Net proceeds to the Company(%):99.25%  Interest Payment Period: N/A
Settlement date (original              Interest Rate Reset Period:  N/A
 issue date):  May 24, 1995            Interest Reset Date(s): N/A
Redemption Commencement Date           Interest Determination Date(s):  N/A
 (if any):  N/A                        Calculation Date(s):  N/A
Repayment Commencement Date            Interest Payment Date(s):  A/S
 (if any):  N/A                        Regular Record Date(s): A/S
Depositary                             Sinking Fund (if any): N/A
 (if Global Note):
Depository Trust Company

Redemption Prices (if any): The Redemption Price shall initially be ___% of the principal amount of such Note(s) to be redeemed and shall decline (but not below par) on each anniversary of the Redemption Commencement Date by ___% of the principal amount to be redeemed until the Redemption Price is 100% of such principal amount. Repayment prices (if any): The Repayment Price shall initially be ___% of the principal amount of such Note(s) to be repaid and shall decline (but not below par) on each anniversary of the Repayment Commencement Date by ___% of the principal amount until the Repayment Price is 100% of such principal amount. If such Note(s) is (are) denominated in other than U.S. dollars, the applicable Foreign Currency Supplement is attached hereto. Additional terms: N/A As of the date of this Pricing Supplement, the aggregate principal amount (or its equivalent in the Specified Currency) of the Securities (as defined in the Prospectus) which have been sold (including the Note(s) to which this Pricing Supplement relates) is $20,000,000. "N/A" as used herein means "Not Applicable." "A/S" as used herein means "As stated in the Prospectus Supplement referred to above." GOLDMAN, SACHS & CO. J.P. MORGAN SECURITIES, INC.