Form 4
Statement of changes in beneficial ownership.
1. Name and address of reporting person:
Paul A. Saxton
1536 Beech Street
Terre Haute, IN 47804
2. Issuer name and ticker or trading symbol:
General Housewares Corp. (GHW)
4. Statement for month/year:
September 1997
6. Relationship of reporting person to issuer:
President and CEO and Director
1. Title of security:
Common Stock
2. Transaction date:
September 18, 1997
3. Transaction code:
S
4. Securities acquired (A) or Disposed of (D):
500 D 10.68
500 D 10.56
5. Amount of securities beneficially owned at end of month:
0 by spouse
Amount of securities beneficially owned at end of month:
17,544
6. Ownership form: Direct (D) or Indirect (I):
I by spouse*
Ownership form: Direct (D) or Indirect (I):
D
7. Nature of Indirect Beneficial Ownership
By spouse*
* Beneficial ownership expressly disclaimed
/s/ Paul A. Saxton
Date: October 7, 1997
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