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-NASHUA CORPORATION

                    GAMCO INVESTORS, INC.
                                 1/29/02              300             6.2792
                                 1/29/02            1,000             6.2792
                                 1/28/02            1,500             6.3927
                                 1/22/02              500-             *DO
                                 1/22/02            2,000             6.6335
                                 1/18/02            2,700             6.5130
                                 1/18/02            1,500             6.5033
                                 1/17/02            1,500             6.2500
                                 1/09/02            1,500             6.6233
                                 1/03/02            7,000             6.5168
                                 1/03/02            1,000             6.5168
                                12/31/01              500             5.8300
                                12/31/01            4,000-            5.8308
                                12/28/01              500-            5.9500
                                12/27/01            1,000-             *DO
                                12/21/01            1,000-            6.0550
                                12/19/01            1,000-            5.9080
                                12/17/01            1,000-            5.7000
                                12/17/01            5,000             5.7788
                                12/17/01            1,000             5.7500
                                12/14/01            5,000             5.5896
                                12/13/01            1,500-            5.3000
                                12/12/01            2,000             5.2250
                                12/11/01              500-            5.0000
                                12/11/01            2,000             5.1015
                                12/10/01           21,000-            4.9595
                                12/07/01            1,500-            5.0800
                                12/06/01            2,500-            5.0000
                                12/04/01            1,000-            5.0200
                                11/30/01              500             5.0000
                    GABELLI ADVISERS, INC.
                                12/31/01            5,000             5.8834
                                12/19/01            5,000             6.1792
                     GABELLI FUNDS, LLC.
                         GABELLI SMALL CAP GROWTH FUND
                                12/24/01            4,700             6.0921
                                12/18/01           15,300             6.0129
                         GABELLI CAPITAL ASSET FUND
                                12/27/01            2,000             6.0335
                                12/20/01            3,000             6.0150
                                12/17/01            5,000             5.7836


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

          (2) PRICE EXCLUDES COMMISSION.

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