Form 5
1. Name and address of reporting person:
Mark S. Scales
1536 Beech Street
Terre Haute, IN 47804
2. Issuer name and ticker or trading symbol:
General Housewares Corp. (GHW)
4. Statement for month/year:
1998
6. Relationship of reporting person to issuer:
Officer - Vice President, CFO and Treasurer
TABLE I
1. Title of security:
Common Stock
2. Transaction date:
Periodic
3. Transaction code:
B
4. Securities acquired (A) or Disposed of (D):
135.84 A
Price $9.56 - $7.65
5. Amount of securities beneficially owned at end of month:
32,761 (D)
1,916.49 (I)*
500 (I)**
7. Nature of Indirect Beneficial Ownership
*Acquired on a periodic basis by the trustee of the Issuer's Employee Stock
Purchase Plan. Represents shares acquired through 12/31/98, the latest date
for which information is available.
**Shares owned by the Karen K. Scales Company
TABLE II
9. Number of Derivative Securities Beneficially Owned at End of Month
20,000
/s/ Mark S. Scales
Date: February 12, 1999
