SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC 20549

                                 SCHEDULE 13G

                  Under the Securities Exchange Act of 1934
                              (Amendment No. )*

                                Macdermid Inc.
                                --------------
                                Name of Issuer

                                Class A Common
                        ------------------------------
                        (Title of class of securities)

                                  554273102 
                                 ------------
                                 Cusip Number


Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described on Item 1; and, (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class).
(See Rule 13-d 7.)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).



                       (Continued on following page[s])

                               Page 1 of 4 pages







CUSIP NO. 554273102                     13G                  Page 2 of 4 pages

Name of Reporting Person

 1.   Social security or IRS Identification No. of above person

      Fleet Financial Group, Inc.
      05-0341324

 2.   Check the appropriate box if a member of a group*

                                                  (a)   [      ]

                                                  (b)   [      ]

 3.   SEC Use Only

 4.   Citizenship of place of organization
      100 Federal Street, Boston, Massachusetts 02109

             5.  Sole Voting Power
  Number         2,500
of Shares
Beneficially 6.  Shared Voting Power
 Owned by        623,550
   Each
Reporting    7.  Sole Dispositive Power
  Person         21,760
   with
             8.  Shared Dispositive Power
                 155,802

 9.    Aggregate amount beneficially owned by each reporting person
                 647,810

 10.   Check box if the aggregate amount in row (9) excludes certain shares*
                               [  ]

 11.   Percent of class represented by amount in row (9).
                 23.17%

 12.   Type of reporting person*
                 Holding company






                                                             Page 3 of 4 pages

Item 1(a) Name of Issuer:  Macdermid Inc.

Item 1(b) Address of Issuer's Principal Executive Offices:
          245 Freight Street, Waterbury, CT   06702-0671

Item 2(a) Name of Person Filing:  Fleet Financial Group, Inc.

Item 2(b) Address of Principal Business Office, or if none, Residence:
          One Federal Street, Boston, Massachusetts   02109

Item 2(c) Citizenship:  Rhode Island

Item 2(d) Title or Class of Securities:            Common

Item 2(e) CUSIP Number:                           554273102

Item 3.   If this statement is filed pursuant to Rules 13d-1(b), or
          13d-2(b), check whether the person filing is a:

(a) ( )   Broker or Dealer registered under Section 15 of the Act
(b) ( )   Bank as defined in Section 3(a)(6) of the Act
(c) ( )   Insurance Company as defined in Section 3(a)(19) of the Act
(d) ( )   Investment Company registered under Section 8 of the Investment
          Company Act
(e) ( )   Investment Adviser registered under Section 203 of the Investment
          Company Act
(f) ( )   Employee Benefit Plan, Pension Fund which is subject to the
          provisions of the Employee Retirement Income Security Act of 1974 or
          Endowment or Endowment Fund; see 240.13d-1(b)(1)(ii)(F)
(g) (X)   Parent Holding Company, in accordance with 240.13d-1(b)(ii)(G)
          (Note: See Item 7)
(h) ( )   Group, in accordance with 240.13d-1(b)(1)(ii)(H)

Item 4.   Ownership
(a)       Amount beneficially owned:         647,810
(b)       Percent of Class:                  23.17%
(c)       Number of Shares as to which such person has:

            (i) Sole power to vote or to direct the vote:               2,500
           (ii) Shared power to vote or to direct the vote:             623,550
          (iii) Sole power to dispose or to direct the disposition
                of:                                                     21,760
           (iv) Shared power to dispose or to direct the disposition 
                of:                                                     155,802






                                                             Page 4 of 4 pages

Item 5.    Ownership of Five Percent or Less of a Class.

           If this statement is being filed to report the fact that as of the
           date hereof, the reporting person has ceased to be the beneficial
           owner of more than five percent of the class of securities, check
           the following ( ).

Item 6.    Ownership of More than Five Percent on Behalf of Another Person.

           N/A

Item 7.    Identification and Classification of the Subsidiary which
           Acquired the Security being reported on by the Parent Holding
           Company.

           Exhibit A attached.

Item 8.    Identification and Classification of Members of the Group.

           N/A

Item 9.    Notice of Dissolution of Group.

Item 10.   Certification

           By signing below I certify that, to the best of my knowledge and
           belief, the securities referred to above were acquired in the
           ordinary course of business and were not acquired for the purpose
           of and do not have the effect of changing or influencing the
           control of the issuer of such securities and were not acquired in
           connection with or as a participant in any transaction having such
           purpose or effect.

Signature  After reasonable inquiry and to the best of my knowledge and
           belief, I certify that the information set forth in this
           statement is true, complete and correct.

Date       February 14, 1996


Signature


Name/Title Gunnar S. Overstrom, Vice Chairman
           Fleet Financial Group