HOUSEHOLD INTERNATIONAL INC
8-K, 1998-08-14
PERSONAL CREDIT INSTITUTIONS
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                            FORM 8-K
                                
                          UNITED STATES
               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 (Date of earliest event reported):
                         August 14, 1998
                                
                                
                  HOUSEHOLD INTERNATIONAL, INC.
       --------------------------------------------------
       (Exact Name of Registrant as Specified in Charter)
                                
                                
                            Delaware
         ----------------------------------------------
         (State or Other Jurisdiction of Incorporation)
                                
                                
       1-8198                                36-3121988
- -----------------------------------------------------------------
(Commission File Number)        (IRS Employer Identification No.)


2700 Sanders Road, Prospect Heights, Illinois           60070
- -----------------------------------------------------------------
(Address of Principal Executive Offices)               (Zip Code)


Registrant's telephone number, including area code: (847) 564-5000
                                                    --------------
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ITEM 5.   OTHER EVENTS.

As previously reported by Household International, Inc. on its
Current Report on Form 8-K dated June 30, 1998 and filed on July
2, 1998, subject to the terms and conditions of the Agreement and
Plan of Merger (the "Merger Agreement") dated as of April 7, 1998
between Household International, Inc. ("Household"), Household
Acquisition Corporation II, a wholly-owned subsidiary of
Household, and Beneficial Corporation ("Beneficial"), Household
Acquisition Corporation II was merged with and into Beneficial,
with Beneficial being the surviving corporation (the "Merger").
In accordance with the Merger Agreement, each share of the common
stock, par value $1.00 per share, of Beneficial ("Beneficial
Common Stock") outstanding immediately prior to the effective
time of the Merger was converted into the right to receive 3.0666
shares of the common stock, $1.00 par value, of Household
("Household Common Stock").  The Merger was accounted for as a
"pooling of interests" under generally accepted accounting
principles.

In accordance with the requirements of Section 8.6 of the Merger
Agreement, the following combined unaudited financial results of
Household for the month ended July 31, 1998, covering 31 days of
post-Merger operations are being reported below (in millions):

            Net interest margin and
              other revenues (1)         $476.8
            Net Income                     80.2

            (1) Policyholders' benefits have been
                netted against other revenues.

The above information is also being furnished to comply with the
United States Securities and Exchange Commission's published
guidelines in Accounting Series Release Number 135 and Staff
Accounting Bulletin Number 65 relating to Affiliate sales of
common shares involving a pooling of interests.




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                            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



Dated:  August 14, 1998       By: /s/ John W. Blenke
        ---------------       -----------------------------
                              John W. Blenke
                              Assistant Secretary









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