Filed Pursuant to Rule 
                                                  424(b)(3) of the Rules and
                                                  Regulations Under the 
                                                  Securities Act of 1933

                                                  Registration Statement Nos. 
                                                  33-23826, 33-43448, 33-51876
                                                  and 33-51557

PROSPECTUS SUPPLEMENT                             
(To Prospectus dated July 6, 1994)           



                             FORT HOWARD CORPORATION

                    12-5/8% Subordinated Debentures Due 2000
            14-1/8% Junior Subordinated Discount Debentures Due 2004

                          9-1/4% Senior Notes Due 2001
                         10% Subordinated Notes Due 2003

                          8-1/4% Senior Notes Due 2002
                     9% Senior Subordinated Notes Due 2006

         1991 Pass Through Trust, Pass Through Certificates, Series 1991

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RECENT DEVELOPMENTS

      Attached hereto and incorporated by reference herein is the news release 
announcing Fort Howard Corporation's financial results for its fourth quarter 
and fiscal year ended December 31, 1994.


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       This Prospectus Supplement, together with the Prospectus, is to be used 
by Morgan Stanley & Co. in connection with offers and sales of the 
above-referenced securities in market-making transactions at negotiated prices 
related to prevailing market prices at the time of sale.  Morgan Stanley & Co. 
Incorporated may act as principal or agent in such transactions.






February 6, 1995


     Fort Howard's sales for the fourth quarter increased 17.9% to 
$343,748,000 from $291,619,000 for the fourth quarter of 1993.  For fiscal 
year 1994, Fort Howard's sales were $1,274,445,000, a 7.3% increase over 1993 
net sales of $1,187,387,000.  Domestic tissue sales increased 15.0% for the 
fourth quarter of 1994 compared to 1993 principally due to higher sales volume 
and higher selling prices.  The net sales increase was also attributable to 
higher net selling prices at the Company's wastepaper brokerage subsidiary.  

     For the fourth quarter of 1994, operating income was $52,597,000 compared 
to $71,453,000 for the same period of 1993.  The decrease in operating income 
for the fourth quarter of 1994 reflects a charge of $20,000,000 which 
represents the Company's current estimate of environmental remediation, legal 
and consulting costs for past events. (See Notes to Financial Information.)  
Excluding the environmental charge, fourth quarter operating income increased 
1.6%, reflecting the higher sales volume and selling prices in domestic tissue 
operations, offset by rising wastepaper costs both domestically and in the 
U.K.  In the Company's domestic tissue operations, wastepaper prices for the 
grades of wastepaper used in Fort Howard's products nearly doubled from July 
1994 to December 1994.  As a result of these rapidly increasing costs, the 
Company announced price increases in the fourth quarter of 1994 for both the 
commercial and consumer markets effective in January 1995.  These price 
increases follow a commercial market price increase effective mid-October 
1994, which is expected to principally benefit 1995 results.

     The Company's operating income increased to $276,803,000 for 1994 
compared to an operating loss of $1,716,636,000 in 1993.  The operating loss 
in 1993 resulted entirely from the Company's goodwill write-off in that year.  
(See Notes to Financial Information).  Excluding the environmental charge from 
1994 results and the goodwill write-off, amortization of goodwill and the 
reversal of employee stock compensation expense from 1993 results, operating 
income declined to $296,803,000 in 1994 from $298,535,000 in 1993.

     For the fourth quarter of 1994, earnings before the environmental charge, 
interest, taxes, depreciation and amortization ("EBITDA") increased 1.9% to 
$98,538,000 from $96,657,000 in the fourth quarter of 1994.  For fiscal year 
1994, EBITDA increased 1.5% to $392,530,000 from $386,632,000 in 1993.

     Extraordinary losses related to debt repurchases in 1994 and 1993 (See 
Notes to Financial Information) impacted the Company's financial performance 
in 1994 compared to 1993.

     For the fourth quarter of 1994, the Company's net loss increased to 
$25,194,000 from $6,034,000 for the same period in 1993 due principally to the 
environmental charge.  The Company's net loss for fiscal year 1994 decreased 
to $70,295,000 from $2,052,082,000 in 1993.  The significant net loss in 1993 
principally resulted from the goodwill write-off. 













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                             FORT HOWARD CORPORATION
                        CONSOLIDATED STATEMENTS OF INCOME
                                   (UNAUDITED)


                                          Three Months Ended        Year Ended
                                            December 31,           December 31,
                                          ------------------     ----------------
                                           1994       1993       1994       1993
                                           ----       ----       ----       ----
                                                        (In thousands)
                                                                                   
Net Sales                              $343,748    $291,619  $1,274,445  $1,187,387
Operating Income (Loss) (See Note 1)     52,597      71,453     276,803  (1,716,636)
Interest Expense                         86,139      83,635     337,701     342,792
Other (Income) Expense, Net                 (97)      2,479         118      (2,996)
                                       --------    --------  ----------  ----------
Loss Before Taxes                       (33,445)    (14,661)    (61,016) (2,056,432)
Income Taxes (Credit)                    (8,251)    (10,831)    (18,891)    (16,314)
                                       --------    --------  ----------  ---------- 
Loss Before Extraordinary Items         (25,194)     (3,830)    (42,125) (2,040,118)
Extraordinary Items--Losses on Debt
   Repurchases, Net                          --      (2,204)    (28,170)    (11,964)
                                       --------    --------  ----------  ---------- 
Net Loss                               $(25,194)   $ (6,034) $  (70,295) (2,052,082)
                                       ========    ========  ==========  ========== 

































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                            FORT HOWARD CORPORATION
                         NOTES TO FINANCIAL INFORMATION


1.    Based upon currently available information and analysis, and taking into 
      account all the Company's clean-up obligations and damages related to 
      matters subject to legal proceedings or pertaining to on-going 
      operations, the Company recorded a $20 million charge in the fourth 
      quarter of 1994, which represents its current estimate of environmental
      remediation, legal and consulting costs for past events.

2.    The Company's goodwill balance was originally recorded as an intangible 
      asset at the time of its leveraged buyout in 1988.  In the third quarter 
      of 1993, the Company concluded its previously announced study to 
      evaluate the carrying value of its goodwill.  Low industry operating 
      rates, aggressive competitive activity, overcapacity, adverse economic 
      conditions and other factors had been adversely affecting tissue 
      industry operating conditions and the Company's operating results from 
      1991 through the third quarter of 1993.  Accordingly, the Company had 
      revised its projections as of September 30, 1993 and had determined that 
      its projected results would not support the future amortization of the 
      Company's remaining goodwill balance of approximately $1.98 billion at 
      September 30, 1993.  As a result, the Company wrote-off its remaining 
      goodwill balance in the third quarter of 1993.

3.    Also in 1993, due to the effects of adverse tissue industry operating 
      conditions on its long-term earnings forecast as of September 30, 1993, 
      the Company decreased the estimated fair market valuation of its common 
      stock and, as a result, reversed all previously accrued employee stock 
      compensation expense in the third quarter of 1993.  The reversal of 
      accrued employee stock compensation expense resulted in a reduction of 
      selling, general and administrative expenses of $7.8 million for fiscal 
      year 1993.

4.    In 1994, the Company reported an extraordinary loss of $28 million (net 
      of income taxes of $15 million) representing the redemption premiums and 
      write-offs of deferred loan costs associated with the repayment of 
      $100 million of term loan indebtedness under the Company's Bank Credit 
      Agreement on February 10, 1994 and the repurchases of all the Company's 
      remaining 12 3/8% Senior Subordinated Notes and $238 million of the 
      Company's 12 5/8% Subordinated Debentures on March 11, 1994.  In 1993, 
      the Company reported an extraordinary loss of $12 million (net of income 
      taxes of $7 million) representing the write-off of deferred loan costs 
      associated with the repayment of $250 million of term loan indebtedness 
      under the Company's Bank Credit Agreement on March 23, 1993, the 
      repurchases of all the Company's Junior Subordinated Debentures on 
      April 21, 1993, and the repurchase of $50 million of the Company's 
      12 3/8% Senior Subordinated Notes on November 1, 1993.







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