Try going here on any functioning Windows PC. It doesn't matter what version of Windows it's running. Download Boot98.exe to the harddrive. Once it's download, insert a floppy diskette and double left click on Boot98.exe to create a W98 boot diskette.
Once it's completed, insert the W98 Boot Diskette in your W95 PC and power it on. It should boot to a boot menu with 3 options. Select the option to "Start with CDRom Support". Somewhere on the screen at the very end, it tells you what drive letter it has temporarily assigned to the CDRom drive. It will look something like this, "Drive X =MSCD001", where "X" is the drive letter that's been temporarily assigned to your CDRom drive for the install. Make a note of what drive letter it displays. If you don't see that phrase on the screen then you didn't get CD Rom support. Assuming you saw that phrase, insert your W95 CD and do this from an a:\> prompt and be sure to replace the letter "X" with the drive you noted earlier.
x:\setup
Let us know what happens.
Once it's completed, insert the W98 Boot Diskette in your W95 PC and power it on. It should boot to a boot menu with 3 options. Select the option to "Start with CDRom Support". Somewhere on the screen at the very end, it tells you what drive letter it has temporarily assigned to the CDRom drive. It will look something like this, "Drive X =MSCD001", where "X" is the drive letter that's been temporarily assigned to your CDRom drive for the install. Make a note of what drive letter it displays. If you don't see that phrase on the screen then you didn't get CD Rom support. Assuming you saw that phrase, insert your W95 CD and do this from an a:\> prompt and be sure to replace the letter "X" with the drive you noted earlier.
x:\setup
Let us know what happens.