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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000002145-95-000012.txt : 19951002
<SEC-HEADER>0000002145-95-000012.hdr.sgml : 19951002
ACCESSION NUMBER:		0000002145-95-000012
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19950918
ITEM INFORMATION:		Acquisition or disposition of assets
FILED AS OF DATE:		19950927
SROS:			AMEX

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACTION INDUSTRIES INC
		CENTRAL INDEX KEY:			0000002145
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-FURNITURE & HOME FURNISHINGS [5020]
		IRS NUMBER:				250918682
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			0627

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06485
		FILM NUMBER:		95576354

	BUSINESS ADDRESS:	
		STREET 1:		460 NIXON RD
		STREET 2:		ALLEGHANY INDUSTRIAL PARK
		CITY:			CHESWICK
		STATE:			PA
		ZIP:			15024-1098
		BUSINESS PHONE:		4127824800
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<TEXT>

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________________________________________________________

FORM 8-K

CURRENT REPORT 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
________________________________________________________________

Date of Report                               September 18, 1995 
(Date of earliest event reported)
________________________________________________________________

ACTION INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
________________________________________________________________

Pennsylvania
(State or other jurisdiction of incorporation or organization)
________________________________________________________________

Commission File No. 1-6485
________________________________________________________________

25-0918682
(I.R.S. Employer Identification No.)
________________________________________________________________

460 Nixon Road, Cheswick, Pennsylvania               15024-1098
(Address of principal executive offices)             (Zip Code)
________________________________________________________________

Registrant's telephone number, including area code: (412) 782-4800
_________________________________________________________________


(Former name or former address, if changed since last report)
_________________________________________________________________


ITEM 2.  ACQUISITION OR DISPOSITION OF ASSETS.

On September 18, 1995, the Company's wholly owned subsidiary,
Kensington Lamp Company, sold certain of the assets and the
business of the subsidiary to Kensington Collection, Inc., a newly
formed company of which Walter M. Tymoczko is principal owner. 
Until that date, Mr. Tymoczko has been Senior Vice President and
General Manager of the subsidiary, which assembled and marketed
household lamps.  The purchase price for the assets, which
consisted primarily of inventory and equipment, equaled their
approximate net book value, or $1,605,759.


                           SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned duly authorized.


                               ACTION INDUSTRIES, INC.



Date: September 27, 1995       By: T. RONALD CASPER
                                   T. Ronald Casper
                                   Acting President and 
                                   Chief Executive Officer
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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