HOUSEHOLD INTERNATIONAL INC
8-K, 1994-08-08
PERSONAL CREDIT INSTITUTIONS
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                            FORM 8-K

               SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C.  20549



                         CURRENT REPORT


               Pursuant to Section 13 or 15(d) of
               The Securities Exchange Act of 1934



                Date of Report:  August 8, 1994
                                 --------------


                    HOUSEHOLD INTERNATIONAL, INC.                 
     ------------------------------------------------------
     (Exact name of registrant as specified in its charter)



   Delaware                 1-8198                36-3121988   
- ---------------            -----------            --------------
(State or other            (Commission            (IRS Employer
jurisdiction of            File                   Identification
incorporation)             Number)                Number) 



 2700 Sanders Road, Prospect Heights, Illinois           60070   
- -----------------------------------------------------------------
(Address of principal executive offices)               (Zip Code)


Registrant's telephone number, including area code (708) 564-5000 
                                                   --------------
<PAGE>
<PAGE> 2
Item 5.   Other Events

          Press release announcing Household International is
          selling most of the operations of its regional retail
          securities broker/dealer subsidiary, Hamilton
          Investments, to Principal Financial Securities, a
          member of The Principal Financial Group.


Item 7.   Financial Statements and Exhibits

          (a)  Financial statements of businesses acquired.

               Not Applicable

          (b)  Pro forma financial information.

               Not Applicable

          (c)  Exhibits.

               No.       Exhibit
               ---       -------
               99        Press Release titled "Household
                         International to Sell Hamilton
                         Investments Unit"<PAGE>
<PAGE> 3
                            Signature
                            ---------


     Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.


                              HOUSEHOLD INTERNATIONAL, INC.
                              -----------------------------
                                       (Registrant)




                          By: /s/ John W. Blenke
                              -----------------------------
                              John W. Blenke
                              Assistant General Counsel &
                              Secretary



Dated:  August 8, 1994
        --------------

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<PAGE> 1
FOR RELEASE:        Immediately

CONTACT:            Household International
                    Robert J. Hartney
                    708/564-7060 or Home 708/480-9859

                    Principal Financial Group
                    Susan Houser
                    515/248-3587


    Household International to Sell Hamilton Investments Unit

     PROSPECT HEIGHTS, IL, August 8, 1994 -- Household
International said today it has agreed to sell most of the
operations of its Hamilton Investments subsidiary to Principal
Financial Securities, a member of The Principal Financial Group. 
Terms were not disclosed.

     Hamilton Investments, headquartered in Chicago, is a
regional retail securities broker/dealer that provides securities
brokerage and investment banking services.  

     Household said it will retain Hamilton's name and licenses
and will continue providing certain investment services to
customers of its Household Bank subsidiary, including investment
counsel and brokerage services.

     Household said it is selling the Hamilton operations because
it has concluded that it doesn't need the full complement of
Hamilton services to effectively serve its bank customers.  

     Household acquired Hamilton, then named Illinois Company
Investments, Inc., in 1989 when Household purchased Land of
Lincoln Savings and Loan Association.  Hamilton has achieved
substantial growth in its five years as a Household unit.  When
it was acquired by Household, it had 12 offices in three states,
90 investment representatives, and revenues of $14 million. 
Currently Hamilton has 25 offices in six midwestern states, 350
investment representatives, and revenues of $85 million.

     Principal Financial Securities is an investment banking and
securities brokerage firm based in Dallas.  In 1993, the company
posted record growth with total income of $75 million, a 21
percent increase over the previous year.

     The Principal Financial Group is a diversified family of
insurance and financial services companies with more than $44
billion in assets under management.

     Household International, Inc. is a major provider of
consumer finance and banking services and consumer insurance and
investment products.

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