0000007694-98-000152 5 1 19980930 19981106 ASHLAND INC 0000007694 2911 610122250 KY 0930 5 34 001-02918 98739760 1000 ASHLAND DRIVE RUSSELL KY 41169 6063293333 P O BOX 391 ASHLAND KY 41101 ASHLAND OIL INC 19920703 ASHLAND OIL & REFINING CO 19700806 NOONAN PATRICK F 0001026057 DIRECTOR KY 0930 5 CONSERVATION FUND 1800 NORTH KENT STREET SUITE 1120 ARLINGTON VA 22209 6063293333 1800 NORTH KENT STREET SUITE 1120 ARLINGTON VA 22209 5 1 000000769498000152-001-seq1-5.txt FORM 5 - SEPTEMBER 30, 1998