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 (Date of earliest event reported) September 12,
 1995
 
 
                   Continental Waste Industries, Inc.
         (Exact name of registrant as specified in its charter)
 
 
   Delaware                       0-22602         11-2909502
 (State of or other             (Commission      IRS Employer
 jurisdiction of incorporation)   File Number)  Identification
                                                   Number)
 
 
  67 Walnut Avenue, Suite 103,   Clark, New Jersey   07066
   (Address of principal executive offices)        (Zip Code)
 
 
 Registrant's telephone number, including area code (908)396-
 0018
 
 
                     Not Applicable
 (Former name or former address, if changed since last report)
 
  <PAGE>
Item 5. Other Events.
 
     The Registrant and certain selling stockholders of the
 Registrant recently completed the sale of shares of the
 Registrant's common stock, par value $0.001 per share, pursuant
 to the Registrant's Registration Statements on Form SB-2 dated
 September 12, 1995 (Reg. No. 33-62589) and October 2, 1995
 (Reg. No. 33-99742).  The public offering related to these
 registration statements (the "Offering") closed on Friday,
 October 6, 1995.  The underwriters for the Offering
 subsequently exercised their option to purchase an additional
 275,879 shares of the Registrant's common stock, solely to
 cover over-allotments, from the Registrant and certain selling
 stockholders of the Registrant, which transaction closed on
 October 17, 1995 (the "Over-allotment").  The Registrant
 realized proceeds from the Offering and the Overallotment
 totalling $30,642,424.  The Registrant has used all of the
 proceeds from the Offering and the Over-allotment to reduce
 outstanding indebtedness under the Registrant's $45.0 million
 revolving credit facility with a bank syndicate led by LaSalle
 National Bank (the "Credit Facility").  This reduction provides
 the Registrant with renewed borrowing capacity under
 its Credit Facility for future acquisitions, capital
 expenditures and general corporate purposes.
 
     On October 5, 1995, the Registrant executed the Second
 Amendment to the Credit Agreement (the "Second Amendment")
 relating to the Credit Facility.  The Second Amendment provides
 for, among other things, an increase in the amount of capital
 expenditures the Registrant is allowed to make in any fiscal
 year from $10 million to $16 million and an increase, subject
 to certain conditions, in the amount of consideration the
 Registrant is allowed to provide for acquisitions in the fiscal
 year ended December 31, 1995.
 
 
 Item 7.  Financial Statements and Exhibits.
 
     (a)  Not applicable.
 
     (b)  Not applicable.
 
     (c)(1)    This Current Report on Form 8-K contains the
 underwriting agreement, dated as of October 3, 1995 (the
 "Underwriting Agreement"), among the Registrant, certain
 shareholders of the Registrant, Raymond James & Associates,
 Inc., First Analysis Securities Corporation, NatWest Securities
 Limited and each of the underwriters named in Schedule I thereto
 (the "Underwriters").  The Underwriting Agreement relates to the
 sale of shares described in Item 5 of this Current Report on
 Form 8-K. 
 
     (c)(2)    This Current Report on Form 8-K contains the
 Second Amendment to Credit Agreement dated October 5, 1995 (the
 "Second Amendment").  The Second Amendment relates to the
 amendment to the Credit Facility described in Item 5 of this
 Current Report on Form 8-K.
 
                                EXHIBIT INDEX
 
 (1)     Underwriting Agreement.
 
 (10)    Second Amendment
  
                                SIGNATURES
 
 
     Pursuant to the requirements of the Securities and Exchange
 Act of 1934, the Registrant has duly caused this report to be
 signed on its behalf by the undersigned hereunto duly
 authorized.
 
 
 
                         CONTINENTAL WASTE INDUSTRIES, INC.
 
 
 
 
                         By:  /s/  Carlos E. Aguero
                              Director, President and Chief
                              Executive Officer
 
 
 Dated:  October 27, 1995
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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 (Date of earliest event reported) September 12,
 1995
 
 
                   Continental Waste Industries, Inc.
         (Exact name of registrant as specified in its charter)
 
 
   Delaware                       0-22602         11-2909502
 (State of or other             (Commission      IRS Employer
 jurisdiction of incorporation)   File Number)  Identification
                                                   Number)
 
 
  67 Walnut Avenue, Suite 103,   Clark, New Jersey   07066
   (Address of principal executive offices)        (Zip Code)
 
 
 Registrant's telephone number, including area code (908)396-
 0018
 
 
                     Not Applicable
 (Former name or former address, if changed since last report)
Item 5. Other Events.
 
     The Registrant and certain selling stockholders of the
 Registrant recently completed the sale of shares of the
 Registrant's common stock, par value $0.001 per share, pursuant
 to the Registrant's Registration Statements on Form SB-2 dated
 September 12, 1995 (Reg. No. 33-62589) and October 2, 1995
 (Reg. No. 33-99742).  The public offering related to these
 registration statements (the "Offering") closed on Friday,
 October 6, 1995.  The underwriters for the Offering
 subsequently exercised their option to purchase an additional
 275,879 shares of the Registrant's common stock, solely to
 cover over-allotments, from the Registrant and certain selling
 stockholders of the Registrant, which transaction closed on
 October 17, 1995 (the "Over-allotment").  The Registrant
 realized proceeds from the Offering and the Overallotment
 totalling $30,642,424.  The Registrant has used all of the
 proceeds from the Offering and the Over-allotment to reduce
 outstanding indebtedness under the Registrant's $45.0 million
 revolving credit facility with a bank syndicate led by LaSalle
 National Bank (the "Credit Facility").  This reduction provides
 the Registrant with renewed borrowing capacity under
 its Credit Facility for future acquisitions, capital
 expenditures and general corporate purposes.
 
     On October 5, 1995, the Registrant executed the Second
 Amendment to the Credit Agreement (the "Second Amendment")
 relating to the Credit Facility.  The Second Amendment provides
 for, among other things, an increase in the amount of capital
 expenditures the Registrant is allowed to make in any fiscal
 year from $10 million to $16 million and an increase, subject
 to certain conditions, in the amount of consideration the
 Registrant is allowed to provide for acquisitions in the fiscal
 year ended December 31, 1995.
 
 
 Item 7.  Financial Statements and Exhibits.
 
     (a)  Not applicable.
 
     (b)  Not applicable.
 
     (c)(1)    This Current Report on Form 8-K contains the
 underwriting agreement, dated as of October 3, 1995 (the
 "Underwriting Agreement"), among the Registrant, certain
 shareholders of the Registrant, Raymond James & Associates,
 Inc., First Analysis Securities Corporation, NatWest Securities
 Limited and each of the underwriters named in Schedule I thereto
 (the "Underwriters").  The Underwriting Agreement relates to the
 sale of shares described in Item 5 of this Current Report on
 Form 8-K. 
 
     (c)(2)    This Current Report on Form 8-K contains the
 Second Amendment to Credit Agreement dated October 5, 1995 (the
 "Second Amendment").  The Second Amendment relates to the
 amendment to the Credit Facility described in Item 5 of this
 Current Report on Form 8-K.
 
                                EXHIBIT INDEX
 
 (1)     Underwriting Agreement.
 
 (10)    Second Amendment
  
                                SIGNATURES
 
 
     Pursuant to the requirements of the Securities and Exchange
 Act of 1934, the Registrant has duly caused this report to be
 signed on its behalf by the undersigned hereunto duly
 authorized.
 
 
 
                         CONTINENTAL WASTE INDUSTRIES, INC.
 
 
 
 
                         By:  /s/  Carlos E. Aguero
                              Director, President and Chief
                              Executive Officer
 
 
 Dated:  October 27, 1995