UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                       WASHINGTON, D.C.  20549
                              FORM 10-K
         ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                   SECURITIES EXCHANGE ACT OF 1934
              FOR THE FISCAL YEAR ENDED OCTOBER 31, 1998
                    COMMISSION FILE NUMBER 1-3013
                                   
                         WESTVACO CORPORATION
        (Exact name of registrant as specified in its charter)
                                   
       Delaware                              299 Park Avenue
       (State of incorporation)              New York, New York  10171
                                             Telephone 212-688-5000
       13-1466285                            (Address and telephone number of 
       (I.R.S. Employer Identification No.)   registrant's principal 
                                              executive offices)
                                          
                                          

        SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
                                            Name of each exchange  
          Title of each class               on which registered  

          Common Stock- $5 par value        New York Stock Exchange
                                            Chicago Stock Exchange
                                            Pacific Stock Exchange

          Preferred Stock Purchase Rights   New York Stock Exchange
                                            Chicago Stock Exchange
                                            Pacific Stock Exchange
          Sinking Fund Debentures:
           8 1/8%, due 1999-2007            New York Stock Exchange
          10 1/4%, due 1999-2018            New York Stock Exchange

     SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:  None
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months, and
(2) has been subject to such filing requirements for the past 90
days.  Yes   X       No     

Indicate by check mark if disclosure of delinquent filers pursuant
to Item 405 of Regulation S-K is not contained herein, and will not
be contained, to the best of registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part
III of this Form 10-K or any amendment to this Form 10-K.      

At October 31, 1998, the latest practicable date, the number of
shares of common stock outstanding and aggregate market value of
voting common stock held by nonaffiliates were 100,326,367 and
$2,445,455,196, respectively.

                DOCUMENTS INCORPORATED BY REFERENCE
Portions of the registrant's Annual Report to Shareholders for the
fiscal year ended October 31, 1998 (the "1998 Westvaco Annual
Report") are incorporated by reference into Parts I, II and IV of
this Form 10-K.

Portions of the registrant's definitive Proxy Statement for the
Annual Meeting of Shareholders to be held February 23, 1999
("Westvaco's 1999 Proxy Statement") are incorporated by reference
into Part III of this Form 10-K.


                              Part I

Item 1. Business

General
Westvaco Corporation, a Delaware Corporation incorporated in 1899 as
West Virginia Pulp and Paper Company, is one of the major producers
of paper and paperboard in the United States.  The company converts
paper and paperboard into a variety of end-products, manufactures a
variety of specialty chemicals, produces lumber, sells timber from
its timberlands and is engaged in land development.  In Brazil, it
is a major producer of paperboard and corrugated packaging for the
markets of that country and also operates a folding carton plant. 
Westvaco also has a folding carton plant in the Czech Republic. 
Westvaco exports products from the United States, Brazil and the
Czech Republic to other countries throughout the world.  The term
"Westvaco" or "the company" includes Westvaco Corporation and its
consolidated subsidiaries unless otherwise noted.

Business segments
The company's principal business segments are the manufacture of (i)
bleached paper, paperboard and packaging products, (ii) unbleached
paper, paperboard and packaging products, and (iii) specialty
chemicals.  Financial information about the company's business
segments is contained in Note O to the consolidated financial
statements, included in the 1998 Westvaco Annual Report on pages 31
to 32, and is incorporated herein by reference.
 
Marketing and distribution
The principal markets for Westvaco's products are in the United
States.  Sales to customers outside the United States made up
approximately 25% of Westvaco's total sales in 1998 (1997-25%, 1996-23%).
Substantially all products are sold through the company's own sales 
force.  Westvaco maintains 30 sales offices located throughout the 
United States and 29 in foreign countries.

Forest resources
The principal raw material used in the manufacture of paper,
paperboard and pulp is wood.  Westvaco owns 1,465,000 acres of
forest land in the United States and southern Brazil (more than
1,000 miles from the Amazon rainforests).  Westvaco's Cooperative
Forest Management Program, established in the 1950s, provides an
additional source of wood fiber from the 1,387,000 acres owned by
participating landowners and managed with assistance from Westvaco
foresters.

Westvaco's strategy, based on the location of its mills and the
composition of surrounding forest land ownership, is to provide a
portion of its wood fiber from company-owned land and to rely on
private woodland owners and residues from independent solid wood
products plants for substantial quantities of wood.  During 1998,
Westvaco furnished 36% (1997 and 1996-39%) of its wood requirements
from company-owned land, and an additional 7% (1997-8%, 1996-7%) was
purchased from landowners in the Cooperative Forest Management
Program.  The remainder was purchased from other private landowners
and sawmills by mill wood procurement organizations.  The wood
procurement system includes 28 pulpwood concentration and processing
yards that are strategically located to store and ship wood to the
mills as needed.  The Cooperative Forest Management Program, private
landowners and sawmills continue to provide adequate volumes of
timber to meet our external fiber needs.  The company has no reason
to expect that these sources will be unable to furnish adequate wood
supply in the future. Westvaco supplied 97% of the wood for its
Brazilian mill from company plantations.

Westvaco forests include plantations, natural stands and fiber
farms.  The inventory of growing trees, the basis for volume
production, has increased steadily over the last decade in spite of
a steady rise in the volume of wood harvested.  Most of the pine
stands harvested are plantations that are regenerated by
establishing new pine plantations.  Most hardwood stands that are
harvested are re-established by planned natural regeneration from
seeds and sprouts.  Westvaco's hardwood plantation and fiber farm 
programs are expanding and involve several domestic species.  The
quantity of wood harvested by Westvaco from its lands in any year is
primarily controlled by long-range forest management programs based on
integrated wood supply plans.

Patents
Westvaco has obtained a number of foreign and domestic patents as a
result of its research and product development efforts.  Westvaco is the
owner of many registered trademarks for its products.  Although in the
aggregate, its patents and trademarks are of material importance to
Westvaco's business, the loss of any one or any related group of such
intellectual property rights would not have a material adverse effect on
the business of the company.

Dependence upon a single customer
Westvaco's largest single customer is Philip Morris Companies, Inc., a
global consumer products company, which purchases packaging materials
from the bleached segment.

Competition
Westvaco competes in domestic and foreign markets which are very
competitive. Westvaco's strategy is to develop distinctive and innovative
products and services for its customers in the United States and world
markets.  There are many large, well established and highly competitive
sellers competing in these markets as well.  The company competes
principally through quality, value-added products and services, customer
service, innovation, technology, product design and price.  The company's
business is affected by a range of macroeconomic conditions, such as
industry capacity, economic growth in the U.S. and abroad, and currency
exchange rates.

Research
Westvaco operates major research facilities at Laurel, MD, North
Charleston, SC, and Covington, VA, and a forest science laboratory at
Summerville, SC.  Forest research conducted there, and at satellite
centers at Wickliffe, KY, Rupert, WV, and Tres Barras, State of Santa
Catarina, Brazil, is focused on biotechnology, genetics, tree nutrition,
regeneration, stand management, environmental protection and forest 
measurements.  The goal is increased timber and fiber production on a
sustainable basis.  The company's larger divisions and subsidiaries also
have product development staffs which work on product-related projects
directed toward specific opportunities of the individual units.

In 1998, the company incurred $45.1 million (1997-$42.9 million, 
1996-$38.3 million) of research and development costs.  Substantially 
all of the research projects are company sponsored.  Approximately 239
scientists were employed in research and development activities.

Environmental protection
Westvaco is subject to federal and state environmental laws and
regulations in all jurisdictions in which it has operating facilities. 
Compliance with these requirements involves the diversion of capital from
production facilities and increases operating costs.  In the opinion of
Westvaco's management, environmental protection requirements are not
likely to adversely affect the company's competitive industry position
since other domestic companies are subject to similar requirements.  In
1995, the company authorized removal of elemental chlorine from all of
its pulp bleaching processes.  This important initiative, completed
during 1997 at a cost of approximately $110 million, represents a major
step by Westvaco in addressing subsequent EPA regulations for the U.S.
pulp and paper industry regarding air and water quality.  These
regulations, known as the Cluster Rule, were published in April 1998. 
The company anticipates additional capital costs to comply with other
parts of these new regulations over the next several years to be in the
range of $100 million to $150 million, which will also increase operating
costs in the range of $3 million to $7 million annually.  Environmental
organizations are challenging the EPA regarding certain aspects of the 
Cluster Rule in the U. S. Court of Appeals.  Westvaco and other companies 
are participating in that litigation.  If the legal challenge by 
environmental organizations to the regulations is successful, the company 
could face additional compliance costs of up to $150 million over the next 
several years.  See Part I, Item 3, "Legal Proceedings," "Other Matters."

Employees
At October 31, 1998, Westvaco employed approximately 13,070 persons, of
whom 6,220 domestic employees are represented by various labor unions
under collective bargaining agreements.  Approximately 2,070 employees of
Rigesa, Ltda. ("Rigesa"), Westvaco's Brazilian subsidiary, are
represented under collective bargaining arrangements.  Westvaco believes
its labor relations are good.

International operations
In Brazil, Rigesa operates a paperboard mill, a corrugated box plant and
a consumer packaging plant in Valinhos, State of Sao Paulo; a paperboard
mill in Tres Barras, State of Santa Catarina; and corrugated box plants
in Blumenau, State of Santa Catarina; Manaus, State of Amazonia; and
Pacajus, State of Ceara.  Rigesa is one of the few paper companies in
Brazil which is integrated from the forests to the markets.  This fact,
combined with technology drawn from Westvaco's U.S. experience, has
provided Rigesa with a history of high-quality products and strong
growth.  Rigesa accounted for approximately 20% of unbleached segment
operating profit in 1998.  The international economic crisis has
adversely impacted economic growth in Brazil and negatively impacted the
operating results of Rigesa.

Westvaco's Czech Republic subsidiary, Westvaco Svitavy, spol. s r.o.
("Svitavy"), operates a consumer packaging plant in that country. 
Svitavy supplies consumer packaging to the markets of Eastern, Central
and Western Europe.  The packaging is made primarily from distinctive
paper and paperboard produced by Westvaco in the United States.

In October 1998, the company entered into a contract to acquire a 45%
interest in a new consumer packaging business with a plant in 
Guangzhou, China. The plant is owned by a subsidiary of Shorewood 
Packaging Corporation.  The transaction, subject to closing conditions, 
is expected to be completed during the first quarter of fiscal 1999. 

Export sales from Westvaco's U.S. operations made up approximately 17% of
Westvaco's 1998 sales (1997-16%, 1996-15%).  Sales of our foreign
operating subsidiaries, including exports, were 8% of Westvaco's total
sales (1997-9%, 1996-8%).  For information concerning the income of
Westvaco's foreign subsidiaries for the three years ended October 31,
1998, and the assets for the two years then ended, see Note J to the
consolidated financial statements, incorporated by reference in Part II
of this report.  While there are risks inherent in foreign investments,
Westvaco does not believe at this time that such risks are material to
its overall business prospects.


Item 2.  Properties

The location of Westvaco's production facilities and their principal
products in each business segment as of October 31, 1998, were as
follows:

Bleached paper, paperboard and packaging products
       Location                    Product
  Covington, Virginia          Bleached paperboard
  Luke, Maryland               White printing and converting papers
  Wickliffe, Kentucky          White printing and converting papers, 
                                 and market pulp
  Tyrone, Pennsylvania         White printing and converting papers
  Low Moor, Virginia           Extrusion coated bleached paperboard
  Cleveland, Tennessee         Folding cartons
  Newark, Delaware             Folding cartons
  Richmond, Virginia           Folding cartons
  Svitavy, Czech Republic      Folding cartons
  Valinhos, Sao Paulo, Brazil  Folding cartons
  Richmond, Virginia           Cartons for liquid products
  Atlanta, Georgia             Envelopes
  Dallas, Texas                Envelopes
  Enfield, Connecticut         Envelopes
  Indianapolis, Indiana        Envelopes
  Kenosha, Wisconsin           Envelopes
  Los Angeles, California      Envelopes
  Springfield, Massachusetts   Envelopes
  Williamsburg, Pennsylvania   Envelopes
  Springfield, Massachusetts   Flexible packaging and paper cups

Unbleached paper, paperboard and packaging products
        Location                                 Product
  North Charleston, South Carolina     Saturating kraft, containerboard and 
                                         folding carton stock          
  Tres Barras, Santa Catarina, Brazil  Containerboard and kraft papers
  Valinhos, Sao Paulo, Brazil          Corrugating medium (principally
                                         from recycled papers)
  Blumenau, Santa Catarina, Brazil     Corrugated boxes
  Manaus, Amazonia, Brazil             Corrugated boxes
  Pacajus, Ceara, Brazil               Corrugated boxes
  Valinhos, Sao Paulo, Brazil          Corrugated boxes
  Cameron, South Carolina              Building products
  Summerville, South Carolina          Building products

Chemicals
        Location                                Product
  Covington, Virginia                  Activated carbon products and services
  DeRidder, Louisiana                  Printing ink resins and tall oil
                                         derivatives
  North Charleston, South Carolina     Lignin-based surfactants and tall oil 
                                         derivatives
  Wickliffe, Kentucky                  Activated carbon products and services

Other
        Location                           Product
  Summerville, South Carolina          Land development


Capacity and production
Capacity estimates are based on the expected operations and product
mix of each of the locations.  Whether these estimates can in practice
be attained or exceeded is dependent upon a variety of factors such as
actual product mix, quantity and timing of production runs, required
maintenance time and labor conditions.

The approximate annual productive capacity is 3,148,000 tons for the
paper and paperboard mills and 756,000 tons for the converting plants. 
The 1998 production from these facilities was 3,028,000 and 547,000
tons, respectively.  The mills supplied 72% of the paper and
paperboard needs of the converting plants.  The annual productive
capacity for the chemical plants is 459,000 tons.  In 1998, 390,000
tons of specialty chemicals were produced.

Leases
See Note H to the consolidated financial statements, incorporated by
reference in Part II of this report, for financial data on leases. 
Substantially all of the leases of production facilities contain
options to purchase or renew for future periods.
                                  
Forest resources
Westvaco owns 1,465,000 acres of forest land.  There are 1,098,000 acres
in the South and Middle Atlantic United States, 248,000 acres in the
Central United States and 119,000 acres in southern Brazil.

Other information
Certain Westvaco facilities are owned, in whole or in part, by municipal
or other public authorities pursuant to standard industrial revenue bond
financing arrangements and are accounted for as property owned by
Westvaco.  Westvaco holds options under which it may purchase each of
these facilities from such authorities by paying a nominal purchase price
and assuming the indebtedness owing on the industrial revenue bonds at
the time of the purchase.

The company owns in fee all of the mills, plants and timberlands listed
in Item 2, except leased facilities and those described above.

Westvaco's mills, plants and related machinery and equipment are
considered by the company to be well maintained and in good operating
condition.


Item 3. Legal proceedings

The company is involved in contractual disputes, administrative and legal
proceedings and investigations of various types, generally incidental to
its business.  In addition, the company is currently named as a
potentially responsible party with respect to the cleanup of several
hazardous waste sites under the Comprehensive Environmental Response,
Compensation, and Liability Act (CERCLA) and similar state laws.  While
joint and several liability is authorized under CERCLA, as a practical
matter, remediation costs will be allocated among the waste generators
and others involved.  The company has, as of October 31, 1998, accrued
approximately $5 million for estimated potential cleanup costs based upon
its close monitoring of ongoing activities and its past experience with
these matters.  In addition, the company is involved in the remediation
of certain other than CERCLA sites and has accrued $8.5 million for
remediation of these sites.  The company periodically reviews the status 
of the hazardous waste sites and adjusts its accrual as appropriate.  As 
of October 31, 1998, Westvaco has paid civil penalties totaling $216,000 
in connection with the company's alleged failure to demonstrate compliance
with a Prevention of Significant Deterioration permit issued to the
company's Wickliffe, KY, carbon plant.  As disclosed in Westvaco's Form
10-Q for the quarter ended July 31, 1998, the company executed an Agreed
Order with respect to this matter on April 21, 1998.  Westvaco is
awaiting the issuance of an amended permit.  Until such permit is issued,
the company remains liable for additional fines which are not to exceed
a total of $8,000. 

Other matters
Within the last year, the company has received extensive information
requests from EPA concerning its mill in Luke, MD.  Other companies in
the pulp and paper industry have received similar requests.  EPA has
advised that their inquiry relates to whether the mill obtained proper
permits under New Source Review requirements governing expansion and new
projects in the context of numerous capital projects undertaken since
1979.  The company has provided voluminous information to EPA and
continues to gather additional information to complete its response.
                                  
While any litigation, proceeding or investigation has an element of
uncertainty, the company does not believe that the outcome of any
proceeding, lawsuit or claim that is pending or threatened, or all of
them combined, will have a material adverse effect on its consolidated
financial position, liquidity or long-term results of operations.  In any
given quarter or quarters, however, it is possible such proceedings or
matters could have a material effect on results of operations.


Item 4.  Submission of matters to a vote of security holders

There were no matters submitted to a vote of security holders, through
the solicitation of proxies or otherwise, during the fourth quarter ended
October 31, 1998.

Executive officers of the registrant

The following table sets forth certain information concerning the
executive officers of Westvaco Corporation:

                                                                          
                                                          Year in which
                                                        service in present
Name                        Age  Present position         position began

John A. Luke, Jr.*          50   Chairman,                      1996
                                 President and
                                 Chief Executive Officer        1992
Rudolph G. Johnstone, Jr.*  62   Executive Vice
                                 President                      1995
Richard N. Burton           50   Senior Vice President          1998
Philip H. Emery, Jr.        64   Senior Vice President          1995
Jack A. Hammond             60   Senior Vice President          1992
David E. McIntyre           58   Senior Vice President          1998
James E. Stoveken, Jr.      59   Senior Vice President          1996
Brantley D. Thomas, Jr.     65   Senior Vice President          1987
Samuel L. Torrence          58   Senior Vice President          1996
R. Scott Wallinger          59   Senior Vice President          1987
Wendell L. Willkie, II      47   Senior Vice President 
                                 and General Counsel            1996
William S. Beaver           47   Vice President                 1996
                                 and Treasurer                  1987
John W. Hetherington        60   Vice President,                1987
                                 Assistant General Counsel 
                                 and Secretary                  1978
Ned W. Massee               48   Vice President                 1991
John E. Banu                51   Comptroller                    1995

*  Director of Westvaco

Westvaco's officers are elected by the Board of Directors annually for
one-year terms.  Westvaco's executive officers have served in their
present capacities for the past five years or longer with the following
exceptions:

Rudolph G. Johnstone, Jr., Senior Vice President, 1990-1995; Richard N.
Burton, Vice President, 1994-1998, Director of Virginia's Department of
Environmental Quality, 1993-1994; Philip H. Emery, Jr., Vice President,
1987-1995; David E. McIntyre, Vice President, 1996-1998, an Officer of
Bowater Incorporated, 1986-1995; James E. Stoveken, Jr., Vice President,
1986-1996, Comptroller, 1979-1995; Samuel L. Torrence, Vice President,
1991-1996; Wendell L. Willkie, II, Vice President and Associate General
Counsel, 1995-1996, served as a Fellow in legal policy and international
trade at the American Enterprise Institute, 1993-1995; John E. Banu,
Assistant Comptroller, 1980-1995.

Information required by Item 405 of Regulation S-K will be included
in Westvaco's 1999 Proxy Statement, pursuant to Regulation 14A, to
be filed with the Securities and Exchange Commission by January 29,
1999, and is incorporated herein by reference.
                                 

Part II

Item 5.  Market for the registrant's common stock and related
security holder matters

(a) Market and price range of common stock
    The company's common stock is traded on the New York, Chicago
    and Pacific Stock Exchanges under the symbol W.  The New York
    Stock Exchange is the principal market on which the common
    stock is traded.

    The quarterly price range of common stock for 1998 and 1997 is
    included on the inside front cover of the 1998 Westvaco Annual 
    Report under the caption "Quarterly stock price ranges," and 
    is incorporated herein by reference.

(b) Approximate number of common shareholders
    At October 31, 1998, the number of shareholders of record of
    Westvaco common stock was approximately 7,790.  In addition,
    there were 12,350 current or former employees of the company
    who were Westvaco shareholders by virtue of their participation
    in the company's savings and investment plans.
  
(c) Dividends
    The company's record of uninterrupted quarterly cash dividends
    extends 103 years.  Information concerning  quarterly dividends
    per share for 1998 and 1997 is included on the inside front cover
    of the 1998 Westvaco Annual Report under the caption "Quarterly 
    dividends per share," and is incorporated herein by reference.  
    There were no restrictions on dividends at October 31, 1998.
  

Item 6.  Selected financial data 

Information required by this item is included on page 35 of the 1998
Westvaco Annual Report under the caption "Eleven-year comparison," 
and is incorporated herein by reference.


Item 7.  Management's discussion and analysis of financial condition
         and results of operations 

Information required by this item is included on pages 14-20 of the 
1998 Westvaco Annual Report under the captions "Analysis of operations," 
"Fiscal year 1997," "Fiscal year 1996," "Liquidity and capital resources," 
"Year 2000" and "Forward-looking statements" and is incorporated herein 
by reference.


Item 7A.  Quantitative and qualitative disclosures about market risk 

Not applicable.


Item 8.  Financial statements and supplementary data 

Information required by this item is included on pages 21-34 of the
1998 Westvaco Annual Report under the captions "Consolidated
statement of income," "Consolidated balance sheet," "Consolidated
statement of cash flows," "Notes to financial statements" and
"Report of independent accountants" and is incorporated herein by
reference.
                                 

Item 9.  Changes in and disagreements with accountants on accounting
and financial disclosure 

Not applicable.
                                 

                             Part III

Item 10.  Directors and executive officers of the registrant

Information required by this item for the company's directors will
be contained in Westvaco's 1999 Proxy Statement, pursuant to
Regulation 14A, to be filed with the Securities and Exchange
Commission by January 29, 1999, and is incorporated herein by
reference.  Information required by this item for the company's
executive officers is contained in Part I of this report under the
caption "Executive officers of the registrant."


Item 11.  Executive compensation

Information required by this item will be contained in Westvaco's
1999 Proxy Statement, pursuant to Regulation 14A, to be filed with
the Securities and Exchange Commission by January 29, 1999, and is
incorporated herein by reference.


Item 12.  Security ownership of certain beneficial owners and management

Information required by this item will be contained in Westvaco's
1999 Proxy Statement, pursuant to Regulation 14A, to be filed with
the Securities and Exchange Commission by January 29, 1999, and is
incorporated herein by reference.


Item 13.  Certain relationships and related transactions

Information required by this item will be contained in Westvaco's
1999 Proxy Statement, pursuant to Regulation 14A, to be filed with
the Securities and Exchange Commission by January 29, 1999, and is
incorporated herein by reference.


                             Part IV

Item 14.  Exhibits, financial statement schedules and reports on Form  8-K 

(a) Documents filed as part of this report:

    1. Consolidated financial statements 

       The consolidated financial statements of Westvaco Corporation
       and consolidated subsidiaries listed below are incorporated
       herein by reference to the following pages of the 1998
       Westvaco Annual Report:
                                                                    Page
                                                                    ----
       Consolidated statement of income for fiscal years            
        ended October 31, 1998, 1997 and 1996                        21
   
       Consolidated balance sheet at October 31, 1998 and 1997       22
   
       Consolidated statement of cash flows for fiscal years
        ended October 31, 1998, 1997 and 1996                        23
   
       Notes to financial statements                               24-33
   
       Report of independent accountants                             34
   
    2. Consolidated financial statement schedules 

       All financial statement schedules have been omitted because
       they are inapplicable, not required, or shown in the
       consolidated financial statements and notes thereto contained
       in the 1998 Westvaco Annual Report and incorporated herein by
       reference.

    3. Exhibits

       3.i   Restated Certificate of Incorporation, previously filed
             as Exhibit 3(i) to the company's Annual Report on Form
             10-K for the fiscal year ended October 31, 1997,
             incorporated herein by reference.

       3.ii  Bylaws of Westvaco Corporation, previously filed as
             Exhibit 3a to the company's Quarterly Report on Form 10-Q/A 
             for the third quarter ended July 31, 1996, File No. 1-3013, 
             and incorporated herein by reference.

       4.a   Credit Agreement dated June 21, 1993, as amended
             September 19, 1997, previously filed as Exhibit 4(a) to
             the company's Annual Report on Form 10-K for the fiscal
             year ended October 31, 1997, incorporated herein by
             reference.

       4.b   Form of Indenture, dated as of March 1, 1983, between
             Westvaco Corporation and The Bank of New York (formerly
             Irving Trust Company), as trustee, previously filed as
             Exhibit 2 to the company's Registration Statement on Form
             8-A, File No. 1-3013, dated January 24, 1984.

       4.c   The company agrees to furnish copies of other instruments
             defining the rights of holders of long-term debt to the
             Commission upon its request.

       4.d   Rights Agreement dated as of September 23, 1997 between
             Westvaco Corporation and The Bank of New York, previously
             filed as Exhibit 1 to the company's Form 8-A dated
             October 31, 1997, File No. 1-3013, incorporated herein by
             reference.

       10.a  The 1983 Stock Option and Stock Appreciation Rights Plan,
             as amended, previously filed as Exhibit 28(b) to Post-Effective 
             Amendment No. 1 to Registration Statement on Form  S-8, File 
             No. 2-94699, incorporated herein by reference.
         
       10.b  The 1988 Stock Option and Stock Appreciation Rights
             Plan, as amended, previously filed as Exhibit 28(c) to
             Registration Statement on Form S-8, File No. 33-26823,
             incorporated herein by reference.

       10.c  Copies of Westvaco Corporation Savings and Investment
             Restoration Plan, as amended, effective January 1, 1990,
             and Retirement Income Restoration Plan and Excess
             Benefit Plan, as amended, effective January 1, 1990,
             previously filed as Exhibit 10(d) to the company's
             Annual Report on Form 10-K for the fiscal year ended
             October 31, 1989, incorporated herein by reference.
 
       10.d  Amendment to the Savings and Investment Restoration
             Plan, effective January 1, 1991, previously filed as 
             Exhibit 10(e) to the company's Annual Report on Form 10-K 
             for the fiscal year ended October 31, 1991, incorporated 
             herein by reference.
 
       10.e  Amendment to the Savings and Investment Restoration
             Plan, effective October 1, 1995, previously filed as
             Exhibit 10(e) to the company's Annual Report on Form 10-K 
             for the  fiscal year ended October 31, 1996, incorporated 
             herein by reference.
 
       10.f  The 1995 Salaried Employee Stock Incentive Plan,
             effective February 28, 1995, previously filed as Exhibit
             99 to Registration Statement on Form S-8, File No. 33-57879, 
             incorporated herein by reference.
 
       10.g  The Westvaco Corporation Annual Incentive Compensation
             Plan, effective November 1, 1995, previously filed as 
             Appendix A to the company's Notice of 1996 Annual Meeting 
             of Shareholders and Proxy Statement dated December 29, 1995, 
             File No. 1-3013, incorporated herein by reference.

       10.h  The 1995 Non-Employee Director Stock Incentive Plan,
             effective February 28, 1995, previously filed as Exhibit
             99 to Registration Statement on Form S-8, File No. 33-57881, 
             incorporated herein by reference.
          
       10.i  Westvaco Corporation Deferred Compensation Plan for
             Outside Directors dated December 1986, previously filed as 
             Exhibit 10(j) to the company's Annual Report on Form 10-K 
             for the  fiscal year ended October 31, 1996, incorporated
             herein by reference.
 
       10.j  Form of Indemnification Contract between the company and
             each of its officers and directors as listed in the
             Westvaco Corporation 1998 Annual Report to Shareholders,
             incorporated herein by reference.
 
       13    The inside front cover and pages 14 through 35 of the 
             Westvaco Corporation 1998 Annual Report to Shareholders.  
             Except for the information that is expressly incorporated 
             by reference, the Annual Report to Shareholders is furnished 
             for the information of the Securities and Exchange Commission 
             and is not deemed to be filed as part of this report.
 
       21    Subsidiaries of the registrant.
 
       23    Consent of independent accountants.
 
       27    Financial data schedule.
 
(b) Reports on Form 8-K

    There were no reports on Form 8-K filed during the fiscal quarter 
    ended October 31,1998.


Signatures
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.

                                     WESTVACO CORPORATION
                                     (Registrant)

November 24, 1998                    By   ____________________________   
                                          John A. Luke, Jr.
                                          Chairman, President and Chief 
                                          Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf of
the registrant and in the capacities and on the dates indicated.

    Signature                  Title                      Date
    ---------                  -----                      ----
 
    John A. Luke, Jr.          Chairman, President, 
                               Chief Executive Officer
                               and Director               November 24, 1998

    Rudolph G. Johnstone, Jr.  Executive Vice President
                               and Director               November 24, 1998
            
    James E. Stoveken, Jr.     Senior Vice President      November 24, 1998
                               (Principal Financial Officer)

    John E. Banu               Comptroller                November 24, 1998
                               (Principal Accounting Officer)

    Samuel W. Bodman III       Director                   November 24, 1998
 
    W. L. Lyons Brown, Jr.     Director                   November 24, 1998

    Michael E. Campbell        Director                   November 24, 1998
                 
    Dr. Thomas W. Cole, Jr.    Director                   November 24, 1998

    Douglas S. Luke            Director                   November 24, 1998
                                
    William R. Miller          Director                   November 24, 1998

    Jane L. Warner             Director                   November 24, 1998

    Richard A. Zimmerman       Director                   November 24, 1998