UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Feldman, Richard
c/o Research Partners International, Inc.
One State Street Plaza
New York, NY 10004
USA
2. Date of Event Requiring Statement (Month/Day/Year)
10/5/98
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Research Partners International, Inc.
RPII
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chief Financial Officer
6. If Amendment, Date of Original (Month/Day/Year)
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 Beneficially Owned |
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1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
| Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | |
| Owned | Indirect(I) | |
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<S> <C> <C> <C>
___________________________________________________________________________________________________________________________________|
<CAPTION>
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Table II -- Derivative Securitites Beneficially Owned |
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1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership |
| Expiration | Securities | |exercise |Form of | |
| Date(Month/ |-----------------------|---------|price of |Deriv- | |
| Day/Year) | |Amount |deri- |ative | |
| Date | Expira- | |or |vative |Security: | |
| Exer- | tion | Title |Number of|Security |Direct(D) or | |
| cisable | Date | |Shares | |Indirect(I) | |
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<S> <C> <C> <C> <C> <C> <C> <C>
Options to Purchase Comm|10/5/99* |10/5/09 |Common Stock |25,000 |$2.625 |D | |
on Stock | | | | | | | |
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</TABLE>
Explanation of Responses:
* Options to purchase 8,333 shares of Common Stock become exercisable on
October 5, 1999, Options to
Purchase 8,333 shares of Common Stock becomes exercisable on October 5, 2000,
and Options to purchase
8,334 shares of Common Stock become exercisable on October 5,
2001.
SIGNATURE OF REPORTING PERSON
/s/ Richard Feldman
DATE
November 12, 1998
