SCHEDULE II

                                      INFORMATION WITH RESPECT TO
                           TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
                           SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)

                                             SHARES PURCHASED        AVERAGE
                                  DATE            SOLD(-)             PRICE(2)

           COMMON STOCK-CARTER WALLACE INC

                    GAMCO INVESTORS, INC.
                                 1/17/01            5,000-           24.5566
                                 1/17/01            2,000-           24.1563
                                 1/16/01            2,200-           25.5142
                                 1/12/01           10,000-           25.5050
                                 1/12/01            2,500-           25.4375
                                 1/12/01           10,000            25.4915
                                 1/11/01           10,000-           26.0625
                                 1/11/01            2,000-           25.6375
                                 1/10/01            1,000-           26.1250
                                 1/09/01              800-           29.1250
                                 1/08/01            2,500-           29.4500
                                 1/03/01              200-           31.3750
                                 1/03/01            1,400-           31.1607
                                 1/02/01            2,000-           33.3125
                                12/29/00           25,000-           33.6020
                                12/28/00           40,000-           33.6716
                                12/28/00            2,000-           33.6716
                                12/27/00              500-           32.0625
                                12/26/00            2,000-           32.3750
                                12/26/00            3,000-           31.9375
                                12/22/00            4,000-           31.5625
                                12/22/00              800-             *DO
                                12/21/00            5,400-             *DO
                                12/21/00           11,000-           31.3568
                                12/21/00            3,350-           31.3125
                                12/20/00           10,000-           30.2050
                                12/18/00            8,700-           30.0520
                                12/18/00            1,000-           30.0000
                                12/15/00            4,300-           29.8780
                                12/14/00           13,800-           29.9980
                                12/14/00           10,000-           30.0494







                                              SCHEDULE II

                                      INFORMATION WITH RESPECT TO
                           TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
                           SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)

                                             SHARES PURCHASED        AVERAGE
                                  DATE            SOLD(-)             PRICE(2)

           COMMON STOCK-CARTER WALLACE INC

                    GAMCO INVESTORS, INC.
                                12/13/00            3,000-           29.2521
                                12/13/00           10,000-           29.7450
                                12/13/00           12,400-           29.3427
                                12/12/00           16,500-           30.3750
                                12/12/00              300            30.5625
                                12/11/00            1,000-           30.0000
                                12/11/00            2,000-           29.9375
                                12/11/00            5,000-           30.0050
                                12/11/00           27,500-           30.0050
                                12/11/00            5,000-           29.8125
                                12/08/00            1,000-           29.1250
                                12/08/00            1,000            29.0000
                                12/08/00            1,000            29.1250
                                12/08/00            1,000            29.1250
                                12/07/00            3,000-           28.7083
                                11/27/00              250-           30.6265
                                11/27/00              250            30.6865
                     GABELLI FUNDS, LLC.
                         GABELLI SMALL CAP GROWTH FUND
                                12/27/00            5,000-           32.0888
                                12/26/00            5,000-           32.3125
                                12/12/00           15,000-           30.4208
                         GABELLI EQUITY TRUST
                                 1/11/01            5,000-           26.2250
                         GABELLI ASSET FUND
                                12/18/00           10,000-           30.0125
                         GABELLI CAPITAL ASSET FUND
                                12/26/00           10,000-           32.0063
                                12/19/00            5,000-           31.2100
                                12/18/00            5,000-           29.9213
                                12/11/00            5,000-           30.0625


          (1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED
              ON THE NYSE.

          (2) PRICE EXCLUDES COMMISSION.

          (*) RESULTS IN CHANGE OF DISPOSITIVE POWER AND BENEFICIAL OWNERSHIP.