U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange
Act of 1934, Section 17(a) of the Public Utility Holding
Company Act of 1935 or Section 30(f) of the Investment
Company Act of 1940
1. Name and Address 2. Issuer Name and Ticker 6. Relationship of Reporting
of Reporting Person or Trading Symbol Person to Issuer (Check
all applicable)
Breeden Douglas T. Harrington Financial X Director X 10% Owner
Group, Inc. (HFGI)
c/o Harrington Officer Other
Financial Group
722 Promenade
Richmond IN 47374 3. IRS or Social Security 4. Statement for
Number of Reporting Month/Year
Person (Voluntary)
October, 1996
5. If Amendment,
Date of Original
(Month/Year)
Table 1 - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
1.Title of 2.Trans- 3.Trans- 4.Securities 5.Amount of 6.Owner- 7.Nature
Security action action Acquired(A) Securities ship of In-
(Instr. 3) Date Code or Disposed Beneficially Form: direct
(Month/ (Instr.8) of (D) Owned at End Direct Bene-
Day/ (Instr.3,4,5) of Month (D) or ficial
Year) (Instr.3,4) Indirect Owner-
Code V Amount (A) Price (I) ship
or(D) (Instr.4) (Instr.4)
Common Stock,
$0.125 par value
per share 11,400 I By wife
Common Stock,
$0.125 par value
per share 4,000 I By children
Common Stock,
$0.125 par value
per share 10/24/96 P n/a 6,000 A 10.50 1,364,790 D
Common Stock,
$0.125 par value
per share 10/24/96 P n/a 4,000 A 10.50 1,364,790 D
Common Stock
$0.125 par value
per share 10/30/96 P n/a 5,000 A 10.50 1,364,790 D
Table II - Derivative Securitites Acquired, Disposed of, or
Beneficially Owned (e.g., puts, calls, warrants,
options, convertible securities)
FORM 4 (continued)
NOT APPLICABLE
Explanation of Responses:
/S/Douglas T. Breeden 11/6/96
Signature of Reporting Person Date