UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check box if no longer subject to Section 16.
    Form 4 or Form 5 obligations may continue.

[ ] Form 3 Holdings Reported

[ ] Form 4 Transactions Reported

1. Name and Address of Reporting Person(s)
   Guiton Hill, Bonnie
   650 Harbor Street, #5


   Marina del Rey, CA  90291
2. Issuer Name and Ticker or Trading Symbol
   Hershey Foods Corporation (HSY)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

4. Statement for Month/Year
   12/99
5. If Amendment, Date of Original (Month/Year)
6. Relationship  of Reporting  Person(s) to Issuer  (Check all  applicable)  [X]
   Director  [ ] 10% Owner [ ] Officer  (give  title  below) [ ] Other  (specify
   below)

7. Individual or Joint/Group  Filing (Check  Applicable  Line) [X] Form filed by
   One Reporting Person [ ] Form filed by More than One Reporting Person



Table I   Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security                           2)Trans-    3.Trans- 4.Securities Acquired(A)      5)Amount of    6)  7)Nature of
                                              action      action   or Disposed of (D)            Securities         Indirect
                                              Date        Code                   A               Beneficially   D   Beneficial
                                              (Month/                            or              Owned at       or  Ownership
                                              Day/Year)   Code     Amount        D  Price        End of Year    I
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                           

Common Stock                                  12/31/99    J        15.6796       A  $0.00000 (1) 1,059.3363     D  Direct
Common Stock                                                                                     150.0000       I  by Trust


Table II (PART 1)  Derivative Securitites Acquired, Disposed of, or Beneficially Owned  (Columns 1 through 6)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          2)Conversion    3)Trans-       4)Trans-  5)Number of Derivative            6)Date Exercisable and
Security                       or Exercise     action         action    Securities Acquired (A)           Expiration Date
                               Price of        Date           Code      or Disposed of (D)
                               Derivative
                               Security                       Code      A                D                Exercisable  Expiration
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  
Common Stock Equivalents (2)                   12/15/99 (3)   J         285.0150


Table II (PART 2)  Derivative Securitites Acquired, Disposed of, or Beneficially Owned  (Columns 1,3 and 7 through 11)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          3)Trans-  7)Title and Amount                           8)Price     9)Number of   10) 11)Nature of
Security                       action    of Underlying                                of Deri-    Derivative        Indirect
                               Date      Securities                                   vative      Securities    D   Beneficial
                                                                        Amount or     Security    Beneficially  or  Ownership
                                                                        Number of                 Owned at      I
                  -                      Title                          Shares                    End of Year
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                               

Common Stock Equivalents (2)   12/15/99  Common Stock                   285.0150      (4)         1,844.7360    D   Direct
                               (3)


Explanation of Responses:

(1)
These  shares were  acquired  from  January 1, 1999  through  December  31, 1999
pursuant to a Hershey Foods Dividend  Reinvestment  Plan.  Shares were purchased
quarterly at prices ranging from $48.2500 to $61.8125.

(2)
These units were acquired as dividends  reinvested on units previously  deferred
under the Director's Compensation Plan and new deferrals of 1999 director's fees
under  the Plan;  30.454  units  were  reinvested  dividends  and  254.561  were
deferrals of 1999 director's fees.

(3)
Reinvested  dividends were acquired on 3/15/99,  6/15/99,  9/15/99 and 12/15/99;
1999 deferred director's fees were credited on 4/30/99 and 12/15/99.

(4)
Units were acquired at various times throughout the year as noted in Footnote 3.
These prices range from $48.2500 to $61.8125.



SIGNATURE OF REPORTING PERSON
/S/ Guiton Hill,  Bonnie
DATE 02/01/00