-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Eo4P+XygN1JBjLDJ0CvhXcdenzTb/Gr/gltjvjaygz93FmO1DqnBu499OsjF5dAd
 XKbfdTEM/KWlpNDFT+vcHA==

<SEC-DOCUMENT>0000047111-01-500068.txt : 20010312
<SEC-HEADER>0000047111-01-500068.hdr.sgml : 20010312
ACCESSION NUMBER:		0000047111-01-500068
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010201
FILED AS OF DATE:		20010308

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HERSHEY FOODS CORP
		CENTRAL INDEX KEY:			0000047111
		STANDARD INDUSTRIAL CLASSIFICATION:	SUGAR & CONFECTIONERY PRODUCTS [2060]
		IRS NUMBER:				230691590
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		
		SEC FILE NUMBER:	001-00183
		FILM NUMBER:		1563957

	BUSINESS ADDRESS:	
		STREET 1:		100 CRYSTAL A DR
		STREET 2:		P O BOX 810
		CITY:			HERSHEY
		STATE:			PA
		ZIP:			17033-0810
		BUSINESS PHONE:		7175346799

	MAIL ADDRESS:	
		STREET 1:		P O BOX 810
		STREET 2:		100 CRYSTAL A DIRVE
		CITY:			HERSHEY
		STATE:			PA
		ZIP:			17033-0810

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HERSHEY CHOCOLATE CORP
		DATE OF NAME CHANGE:	19680401
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			BRACE RAYMOND
	CENTRAL INDEX KEY:			0001050086
	STANDARD INDUSTRIAL CLASSIFICATION:	SUGAR & CONFECTIONERY PRODUCTS [2060]
<RELATIONSHIP>OFFICER
	STATE OF INCORPORATION:			DE
	FISCAL YEAR END:			1231

FILING VALUES:
	FORM TYPE:		4

BUSINESS ADDRESS:	
	STREET 1:		100 CRYSTAL A DRIVE
	STREET 2:		P O BOX 810
	CITY:			HERSHEY
	STATE:			PA
	ZIP:			17033-0810
	BUSINESS PHONE:		7175346799

MAIL ADDRESS:	
	STREET 1:		P O BOX 810
	STREET 2:		100 CRYSTAL A DIRVE
	CITY:			HERSHEY
	STATE:			PA
	ZIP:			17033-0810
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rbf422001.txt
<DESCRIPTION>FORM 4-FEBRUARY, 2001
<TEXT>

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)
   Brace               Raymond
   100 Crystal A Drive


   Hershey, Pennsylvania  l7033
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
   02/01
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)
   V.P., Conversion & Procurement
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>
<CAPTION>
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
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                           <C>         <C>      <C>           <C><C>          <C>            <C><C>
Common Stock                                  02/07/01    J (1)    1,944.0000    A  $58.80000    4,074.0000     D  Direct
Common Stock                                                                                     7,054.8700     I  401(k) Plan
Common Stock                                                                                     26.9045        I  by Daughter
Common Stock                                                                                     26.9045        I  by Son 1
Common Stock                                                                                     245.1675       I  by Son 2

<CAPTION>
Table II (PART 1) Derivative  Securities 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
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>             <C>            <C>       <C>              <C>              <C>          <C>
Deferred Performance Share Unit$0.00000        02/07/01       J                          2,852.0000
 (1)

<CAPTION>
Table II (PART 2) Derivative  Securities 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
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>       <C>                            <C>           <C>         <C>           <C> <C>
Deferred Performance Share Unit02/07/01  Common Stock                   2,852.0000    $58.80000   10,589.0000   D   Direct
 (1)

<FN>
Explanation of Responses:

(1)
Settlement of Deferred  Performance  Share Units  deferred on February 10, 1997,
pursuant to Hershey Foods  Corporation Key Employee  Incentive Plan.  Settlement
involved the payment of the entire  deferred  award of 2,852  Performance  Share
Units less certain mandatory tax withholdings (908 shares).

</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ Brace,   Raymond
DATE 03/09/2001

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
