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

                               September 18, 1996
                                 Date of Report
                        (Date of Earliest Event Reported)

                       Continental Waste Industries, Inc.
             (Exact Name of Registrant as Specified in its Charter)


      Delaware                      0-22602                11-2909512
 (State of Incorporation)     (Commission File No.)       (IRS Employer
                                                      Identification Number)

                           67 Walnut Avenue, Suite 103
                             Clark, New Jersey 07066
                    (Address of Principal Executive Offices)

       Registrant's Telephone Number, Including Area Code: (908) 396-0018

<PAGE>


Item 5.  Other Events.

         On  September  18,  1996,  Continental  Waste  Industries,   Inc.  (the
"Registrant") announced the acquisition of Reliable Disposal, Inc. ("Reliable").
Reliable   owns  and  operates   two  transfer   stations  in  South  Haven  and
Stevensville,  Michigan and provides collection, transfer and recycling services
for a four-county  region located in southwestern  Michigan.  For the year ended
December 31, 1995, Reliable generated revenue equal to approximately $6,000,000.


<PAGE>

                                   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 hereto duly authorized.


                                      CONTINENTAL WASTE INDUSTRIES, INC.
                                      (Registrant)


Dated:    September 19, 1996           By: /s/ Michael J. Drury
                                       ------------------------
                                          Michael J. Drury
                                          Senior Vice President and
                                          Chief Financial Officer
[{"type": "8-K", "sequence": "1", "description": "FORM 8-K ACQUISITION OF RELIABLE DISPOSAL, INC.", "secsgml_size_bytes": 2233}]
{"company-data": {"conformed-name": "CONTINENTAL WASTE INDUSTRIES INC", "cik": "0000876035", "assigned-sic": "4953", "irs-number": "112909512", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-22602", "film-number": "96632472"}, "business-address": {"street1": "67 WALNUT AVE STE 103", "city": "CLARK", "state": "NJ", "zip": "07066", "phone": "9083960018"}, "mail-address": {"street1": "67 WALNUT AVENUE, SUITE 103", "street2": "67 WALNUT AVENUE, SUITE 103"}, "former-company": {"former-conformed-name": "FINET INC /NY", "date-changed": "19930328"}}
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

                               September 18, 1996
                                 Date of Report
                        (Date of Earliest Event Reported)

                       Continental Waste Industries, Inc.
             (Exact Name of Registrant as Specified in its Charter)

      Delaware                      0-22602                11-2909512
 (State of Incorporation)     (Commission File No.)       (IRS Employer
                                                      Identification Number)

                           67 Walnut Avenue, Suite 103
                             Clark, New Jersey 07066
                    (Address of Principal Executive Offices)

       Registrant's Telephone Number, Including Area Code: (908) 396-0018
Item 5.  Other Events.

         On  September  18,  1996,  Continental  Waste  Industries,   Inc.  (the
"Registrant") announced the acquisition of Reliable Disposal, Inc. ("Reliable").
Reliable   owns  and  operates   two  transfer   stations  in  South  Haven  and
Stevensville,  Michigan and provides collection, transfer and recycling services
for a four-county  region located in southwestern  Michigan.  For the year ended
December 31, 1995, Reliable generated revenue equal to approximately $6,000,000.
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 hereto duly authorized.

                                      CONTINENTAL WASTE INDUSTRIES, INC.
                                      (Registrant)

Dated:    September 19, 1996           By: /s/ Michael J. Drury
                                       ------------------------
                                          Michael J. Drury
                                          Senior Vice President and
                                          Chief Financial Officer