0000007694-98-000023 4 1 19980131 19980209 NYSE ASHLAND INC 0000007694 2911 610122250 KY 0930 4 34 001-02918 98525687 1000 ASHLAND DRIVE RUSSELL KY 41169 6063293333 P O BOX 391 ASHLAND KY 41101 ASHLAND OIL INC 19920703 ASHLAND OIL & REFINING CO 19700806 FARLEY JAMES B 0001026043 DIRECTOR KY 0930 4 VILLA D ESTE 2665 NORTH OCEAN BLVD DELRAY BEACH FL 33483 6063293333 VILLA D ESTE 2665 NORTH OCEAN BLVD DELRAY BEACH FL 33483 4 1 000000769498000023-001-seq1-4.txt FORM 4 - JANUARY 31, 1998