HOLLY CORP &lt;HOC> 2ND QTR JAN 31 LOSS

  Shr loss 45 cts vs profit 20 cts
      Net loss 1,841,000 vs profit 983,000
      Revs 56.2 mln vs 102.9 mln
      Six mths
      Shr loss 13 cts vs profit 80 cts
      Net loss 534,000 vs profit 4.4 mln
      Revs 121.4 mln vs 209.3 mln
      NOTE: Six months fiscal 1987 includes loss of 17 cts per
  share from discontinued operations.
      Per share figures also reflect partial three-for-one stock
  split effected December 1985.
  

