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

FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16.
    Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
   Pasquale            Michael F
   Corporate Headquarters                  
   100 Crystal A Drive                     
   Hershey,       PA     17033             
2. Issuer Name and Ticker or Trading Symbol
   Hershey Foods Corporation (HSY)
3. IRS or Social Security Number of Reporting Person (Voluntary)
   ###-##-####
4. Statement for Month/Year
   November 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   [ ] Director                   [ ] 10% Owner 
   [X] Officer (give title below) [ ] Other (specify below)
   President, Hershey Chocolate
   North America 
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 - ------------------------------------------------------------------------------------------------------------------------------------ 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 V Amount D Price End of Month I - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/24/97 M 8,400.0000 A $22.3750 D Common Stock 11/24/97 S 8,400.0000 D $61.0625 D Common Stock 11/24/97 M 4,400.0000 A $22.3750 D Common Stock 11/24/97 S 4,400.0000 D $61.1250 D Common Stock 11/24/97 M 1,700.0000 A $22.3750 D Common Stock 11/24/97 S 1,700.0000 D $61.1875 50,399.0000 D Common Stock 7,723.1220 I 401(k) Plan Common Stock 20.0000 I by Daughter 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 V A D Exercisable Expiration - ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $22.3750 11/24/97 M 8,400.0000 01/05/02 (right to buy) Non-Qualified Stock Option $22.3750 11/24/97 M 4,400.0000 01/05/02 (right to buy) Non-Qualified Stock Option $22.3750 11/24/97 M 1,700.0000 01/05/02 (right to buy) 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 Month - ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option 11/24/97 Common Stock 8,400.0000 D (right to buy) Non-Qualified Stock Option 11/24/97 Common Stock 4,400.0000 D (right to buy) Non-Qualified Stock Option 11/24/97 Common Stock 1,700.0000 0.0000 D (right to buy) Explanation of Responses: - These shares were acquired from January 1, 1997 through December 1, 1997 pursuant to the Hershey Foods Corporation Employee Savings, Stock Investment and Ownership Plan. These shares were purchased at various intervals and the closing price on December 1, 1997 was $62.3750. The exact price of each share at the date of acquisition is not readily determinable.
SIGNATURE OF REPORTING PERSON /S/ Pasquale Michael F DATE 12/08/97