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-HERCULES INC

                    GABELLI GLOBAL PARTNERS LP
                                 7/10/03            8,295            10.3217
                    GAMCO INVESTORS, INC.
                                 7/16/03            2,000-           11.0830
                                 7/16/03            5,000-           11.1060
                                 7/15/03            4,800-           11.0875
                                 7/15/03            7,000-           11.0814
                                 7/15/03            5,000-           11.0698
                                 7/14/03            5,000-           11.0372
                                 7/14/03            2,500-           11.1500
                                 7/14/03            1,000            11.0100
                                 7/14/03           12,000-           11.2386
                                 7/14/03          280,000-             *DO
                                 7/10/03           40,973            10.3217
                                 7/07/03            3,000             9.9020
                                 7/07/03            3,000-            9.9500
                                 7/03/03            2,000             9.7000
                                 7/02/03              700-             *DO
                                 7/02/03              700-            9.8114
                                 6/30/03            1,000            10.0550
                                 6/27/03            4,000-           10.1747
                                 6/26/03            8,000-           10.0683
                                 6/26/03            5,000            10.2000
                                 6/25/03            3,400            10.0500
                                 6/24/03            5,427-           10.0872
                                 6/24/03            1,600            10.0500
                                 6/19/03            5,000-           10.3700
                                 6/18/03            5,000-           10.3400
                                 6/17/03           15,000-           10.0943
                                 6/13/03            3,500-           10.0343
                                 6/12/03            3,000-            9.9620
                                 6/11/03            1,500             9.8900
                                 6/11/03            3,000-            9.8900
                                 6/09/03            1,000-            9.8000
                                 6/06/03            1,000-             *DO
                                 5/29/03            3,902-             *DO
                                 5/28/03            5,000             9.7550
                                 5/27/03            4,000             9.7000
                                 5/27/03            5,000             9.7532
                                 5/27/03            1,000-             *DO
 		  	    GABELLI FUNDS, LLC.
                         GABELLI VALUE FUND
                                 6/25/03            5,000-           10.1118
                         GABELLI ASSET FUND
                                 6/06/03            5,000-           10.1718
                         GABELLI CAPITAL ASSET FUND
                                 7/14/03            4,000-           11.1750
                                 7/14/03           10,000-           11.2500
                                 6/12/03            3,000-            9.9560


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

          (2) PRICE EXCLUDES COMMISSION.

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