HAROLDS STORES INC
SC 13G, 1997-02-14
FAMILY CLOTHING STORES
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                        Schedule 13-G


1.
     (a)  Name of Issuer:

          HAROLD'S STORES, INC.

     (b)  Address of Issuer's Principal Executive Offices:

          765 Asp
          Norman, OK  73069

2.
     (a)  Name of Person Filing:

          LISA POWELL HUNT

     (b)  Address of Principal Business Office, or, if none,
       Residence:

          765 Asp
          Norman, OK  73069

     ( c )     Citizenship:

          UNITED STATES

     (d)  Title of Class of Securities:

          COMMON STOCK, PAR VALUE $.01

     (e)  CUSIP Number:

          413353 10 3

3.   NOT APPLICABLE.

4.   OWNERSHIP

     (a)  Amount Beneficially Owned:

          350,800

Included in this amount are 77,595 shares which are held by
Ms. Hunt as custodian for the benefit of her minor children.
Not included are 31,784 shares of Common Stock held by Ms.
Hunt's husband, over which Ms. Hunt disclaims beneficial
ownership.

Percent of Class:

          6.44%

     ( c) Number of shares as to which such person has:

          (i)  sole power to vote or to direct the vote:

               350,800

          (ii)      sole power to dispose or to direct the disposition
            of:

               0

          (iii)     sole power to dispose or to direct the disposition
            of:
 
                350,800
 
          (iv)      shared power to dispose or to direct the
            disposition of:

               0

5.   Ownership of Five Percent or Less of a Class.

     Not Applicable.

6.    Ownership  of  More  than Five Percent  on  Behalf  of
  Another Person.

     Not Applicable.

7.    Identification  and Classification of  the  Subsidiary
  Which Acquired the Security Being Reported on By the Parent
  Holding Company.

     Not Applicable.



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