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): January 6, 1999
                              
                              
                              
                THE ST. PAUL COMPANIES, INC.
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   (Exact name of Registrant as specified in its charter)


     Minnesota              0-3021              41-0518860
- ------------------- --------------------  ---------------------
     (State of         (Commission File      (I.R.S. Employer
  Incorporation)           Number)          Identification No.)



385 Washington St., St. Paul, MN             55102
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(Address of principal                      (Zip Code)
executive offices)


                       (651) 310-7911
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               (Registrant's telephone number,
                    including area code)
                              
                              
                              
                              
                             N/A
- ------------------------------------------------------------
    (Former name or former address, if changed since last
                           report)




Item 5.    Other Events.
           -------------


     James E. Gustafson has been elected president and chief
operating officer of The St. Paul Companies.  The
announcement was made by Douglas W. Leatherdale, chairman
and chief executive officer of The St. Paul Companies.
Gustafson has also been elected to the board of directors of
The St. Paul.

     Gustafson, 52, had been president and chief operating
officer of General Re Corporation, the international
reinsurer, based in Stamford, Connecticut.



  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 thereunto duly
authorized.


                              THE ST. PAUL COMPANIES, INC.




                              By  /s/ Bruce A. Backberg
                                  ---------------------
                                  Bruce A. Backberg
                                  Senior Vice President
                                   and Chief Legal Counsel


Date: January 6, 1999