Rule 424(B)(3)
	Registration No. 33-33253
PRICING SUPPLEMENT NO. 22 DATED MARCH 7, 1994
TO PROSPECTUS DATED AUGUST 17, 1993 AND 
PROSPECTUS SUPPLEMENT DATED AUGUST 17, 1993

	THE QUAKER OATS COMPANY
	MEDIUM TERM NOTES, SERIES C
	(FIXED RATE)
____________________________________________________________________________
Principal Amount: $10,000,000            Issue Date: MARCH 14, 1994
Issue Price: 100%                  Stated Maturity: MARCH 14, 2024
Commission of Selling Agents: $75,000  Specified Currency: U.S. Dollars
Net Proceeds to Issuer: $9,925,000	Form: 	____Global
Interest Rate: 7.47%				        __X_Certificated
Selling Agents: LAZARD FRERES & CO.
Trade Date: MARCH 7, 1994
____________________________________________________________________________

Interest Payment Dates:	Amortizing Notes:
  _X__As specified in Prospectus Supplement 	____Yes
  ____Other (specify)________________ 		_X__No
Regular Record Date:	Each payment of principal of, 
  _X__As specified in Prospectus Supplement	and interest on, the Notes will
  ____Other (specify)________________		be made:  ____Quarterly
Original Issue Discount Note:         			____Semiannually
  ____Yes _X__No
Original Issue Discount: __________%   		Interest rate may be reset:
Yield to Maturity: _________%				 ____Yes _X__No
						Terms of reset:
Repurchase Price (for Discount Securities): Redemption Information:

Other Provisions:                          Repayment Information: 

________________________________________________________________________
The aggregate principal amount of this offering is U.S. $10,000,000 and 
relates only to Pricing Supplement No. 22.  Medium-Term Notes, Series C,
may be issued by the Company in the aggregate principal amount of up to U.S
$200,000,000 or the equivalent in foreign currencies or foreign currency 
units.  To date, including this offering, an aggregate of U.S. $187,000,000 or
the equivalent in foreign currency or foreign currency units of Medium-Term 
Notes, Series C, have been issued.

____________________________________________________________________________

TYPE OF SALE:	IF PRINCIPAL TRANSACTION, REOFFERING AT:
_X__As Agent	____varying prices related to prevailing 
____As Principal	market prices at the time of resale
	____fixed public offering price 
	of ________% of Principal Amount
____________________________________________________________________________

[Insert additional tax disclosure, if necessary]