UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
DETWILER, DENNIS L
553 PATERNO DRIVE
HARLEYSVILLE, PA 19438
USA
2. Issuer Name and Ticker or Trading Symbol
HARLEYSVILLE NATIONAL CORPORATION
HNBC
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
October 31, 1998
5. If Amendment, Date of Original (Month/Year)
October 31, 1998
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
SR. VICE PRESIDENT - HNB; A SUBSIDIARY OF HNC
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
COMMON STOCK - HNBC |10/1/9|J* |V|1.245 |A |$36.7500 |184.295 |D |W/SPOUSE |
|8 | | | | | | | | |
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COMMON STOCK - HNBC |10/1/9|J* |V|2.064 |A |$36.7500 |305.445 |D |W/MOTHER |
|8 | | | | | | | | |
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COMMON STOCK - HNBC |10/28/|S | |231 |D |$35.000 |-0- |D |HNB TRUST ACCT |
|98 | | | | | | | | |
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| | | | | |TOTAL |489.740 | | |
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<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
EMPLOYEE STOCK OPTION |$35. |10/27|A |V|2,500 |A |(1) |10/27|COMMON STOCK|2,500 | |2,500 |D | |
(RIGHT TO BUY) | |/98 | | | | | |/08 | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
*SHARES PURCHASED THROUGH DIVIDEND REINVESTMENT
PROGRAM.
(1) VESTING - 50% PER YEAR FOR 2 YEARS BEGINNING
10/27/99.
SIGNATURE OF REPORTING PERSON
/s/Elizabeth F. Chemnitz for Dennis L. Detwiler
DATE
November 4, 1998
