FORM 10-Q
                                     
                    SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D. C. 20549
                                     
                QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                  OF THE SECURITIES EXCHANGE ACT OF 1934


For Quarter Ended              AUGUST 31, 1998


Commission File Number           1-5807


                        ENNIS BUSINESS FORMS, INC.
          (Exact name of registrant as specified in its charter)


             TEXAS                                      75-0256410
   (State or other Jurisdiction of                  (I. R. S. Employer
    incorporation or organization)                  Identification No.)

    107 N. Sherman Street, Ennis, TX                      75119
(Address of principal executive offices)               (Zip Code)


                              (972) 872-3100
           (Registrant's telephone number, including area code)


                                 No Change
(Former name, former address and former fiscal year, if changed since last
report.)


Indicate  by  check mark whether the registrant (1) has filed  all  reports
required to be filed by Section 13 or 15(d) of the Securities Exchange  Act
of  1934 during the preceding 12 months (or for such shorter prior that the
registrant was required to file such reports), and (2) has been subject  to
such filing requirements for the past 90 days.

                                                          Yes  X    No.

Indicate  the number of shares outstanding of each of the issuer's  classes
of common stock, as of the latest practicable date.



            Class                            Outstanding at August 31, 1998
Common stock, par value $2.50 per share                16,137,685

                                     
                        ENNIS BUSINESS FORMS, INC.
                                     
                                   INDEX
                                     


Part I.   Financial Information

   Condensed Consolidated Balance Sheets --
     August 31, 1998 and February 28, 1998                 2

   Condensed Consolidated Statements of Earnings --
     Three and Six Months Ended August 31,1998
     and 1997                                              3

   Condensed Consolidated Statements of Cash
     Flows --Six Months Ended August 31, 1998
     and 1997                                              4

   Notes to Condensed Consolidated Financial
     Statements                                            5

   Management's Discussion and Analysis of
     Financial Condition and Results of
     Operations                                        6 - 7


Part II.  Other Information                            8 - 9



                      PART I.  FINANCIAL INFORMATION
                                     
                        ENNIS BUSINESS FORMS, INC.
                   CONDENSED CONSOLIDATED BALANCE SHEETS
                          (Dollars in Thousands)
                                (Unaudited)
                                                  August 31,  February 28,
                                                      1998        1998
                                                  -----------  -----------
                                  Assets
Current assets:
  Cash and equivalents                              $ 25,924       22,700
  Accounts receivable, net                            18,154       17,980
  Inventories                                          5,705        8,063
  Other current assets                                 3,816        4,917
                                                    --------      -------

        Total current assets                          53,599       53,660
                                                    --------      -------

Property, plant and equipment, net                    33,776       34,852

Cost of purchased businesses in excess of amounts
  allocated to tangible net assets                     4,482        4,574

Other assets and deferred charges                      1,168        1,388
                                                    --------      -------

        Total assets                                $ 93,025       94,474
                                                    ========      =======

                   Liabilities and Shareholders' Equity
Current liabilities:
  Current installments of long-term debt            $    192          191
  Accounts payable                                     3,831        4,759
  Accrued expenses                                     6,389        5,446
                                                    --------      -------

        Total current liabilities                     10,412       10,396
                                                    --------      -------

Long-term debt, less current installments                157          206

Deferred credits, principally Federal income taxes     2,597        2,200

Shareholders' equity:
  Common stock, at par value                          53,125       53,125
  Additional capital                                   1,040        1,040
  Retained earnings                                  120,822      119,335
                                                    --------      -------
                                                     174,987      173,500
  Less:
     Treasury stock                                   95,128       91,828
                                                    --------      -------
        Total shareholders' equity                    79,859       81,672
                                                    --------      -------

        Total liabilities and shareholders' equity  $ 93,025       94,474
                                                    ========      =======

See accompanying notes to condensed consolidated financial statements.
                                     
 
                                     2



                        ENNIS BUSINESS FORMS, INC.
                                     
               CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
              (Dollars in Thousands Except Per Share Amounts)
                                (Unaudited)

                                 Three Months Ended       Six Months Ended
                                      August 31,              August 31,
                                 ------------------       ----------------

                                   1998       1997        1998       1997
                                   ----       ----        ----       ----

Net sales                        $36,904     38,309     $73,238     76,205
                                 -------     ------     -------     ------

Costs and expenses:
  Cost of sales                   25,109     26,562      49,921     53,582
  Selling, general and
    Administrative expenses        6,846      7,797      13,587     15,211
                                 -------     ------     -------     ------

                                  31,955     34,359      63,508     68,793
                                 -------     ------     -------     ------

Earnings from operations           4,949      3,950       9,730      7,412

Investment and other income          350        246         675        514
                                 -------     ------     -------     ------

Earnings before income taxes       5,299      4,196      10,405      7,926

Provision for income taxes         1,948      1,546       3,822      2,937
                                 -------     ------     -------     ------

Net earnings                     $ 3,351      2,650     $ 6,583      4,989
                                 =======     ======     =======     ======

Weighted average number of common
 shares outstanding           16,362,685 16,438,126  16,394,828 16,438,199
                              ========== ==========  ========== ==========

Per share amounts:
  Net earnings per basic and
     Diluted share of common stock $ .20        .16        $.40        .30
                                   =====        ===        ====        ===

  Cash dividends                   $.155       .155        $.31        .31
                                   =====       ====        ====        ===


See accompanying notes to condensed consolidated financial statements.

                                      3 

                                                                        
                                     
                        ENNIS BUSINESS FORMS, INC.
                                     
              CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                          (Dollars in Thousands)
                                (Unaudited)


                                                       Six Months Ended
                                                          August 31,

                                                       1998       1997
                                                       ----       ----


Cash flows from operating activities:
  Net earnings                                       $ 6,583      4,989
  Adjustments to reconcile net income to
   net cash provided by operating activities:
     Depreciation and amortization                     2,672      3,112
     Changes in operating assets and liabilities       3,037      4,853
     Other                                               728        812
                                                     -------     ------
       Net cash provided by operating activities      13,020     13,766
                                                     -------     ------

Cash flows from investing activities:
  Capital expenditures                                (2,012)    (7,347)
  Other                                                  661         21
                                                     -------     ------

       Net cash used in investing activities          (1,351)    (7,326)
                                                     -------     ------

Cash flows from financing activities:
  Purchase of treasury shares                         (3,300)        --
  Dividends declared                                  (5,096)    (5,096)
  Other                                                  (49)       245
                                                     -------     ------

       Net cash used in financing activities          (8,445)    (4,851)
                                                     -------     ------

Net change in cash and equivalents                     3,224      1,589

Cash and equivalents at beginning of period           22,700     18,494
                                                     -------     ------

Cash and equivalents at end of period                $25,924     20,083
                                                     =======     ======






See accompanying notes to condensed consolidated financial statements.
                                     
                                     4  

                                     
                        ENNIS BUSINESS FORMS, INC.
           NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


1. Basis of Presentation
   The  information included herein reflects all adjustments (none of which
   were other than normal recurring accruals) which, in the opinion of  the
   Company, are necessary to a fair statement of the financial position  as
   of  August 31, 1998 and February 28, 1998, and the results of operations
   and  cash  flows  for the three months and six months ended  August  31,
   1998 and 1997.

2. Earnings Per Common Share
   The  Company adopted the provisions of Statement of Financial Accounting
   Standards No. 128 (SFAS 128), Earnings Per Share, in the fourth  quarter
   of  fiscal 1998, which requires companies to present basic earnings  per
   share  and  diluted  earnings per share.  Basic earnings  per  share  is
   computed  by  dividing income available to common  stockholders  by  the
   weighted average number of common shares outstanding during the  period.
   Diluted  earnings per share reflects the potential dilution  that  could
   occur  if  securities  or  other contracts to issue  common  stock  were
   exercised or converted into common stock.  The Company has restated  its
   August  31, 1997 earnings per share calculation to reflect the  adoption
   of SFAS 128.

3. Stock Option Plans
   As  of  August  31, 1998, the Company has reserved 1,127,212  shares  of
   common stock under incentive stock option plans.

4. Inventories
   The  Company  uses the Last-In, First-Out (LIFO) method of  pricing  the
   raw  material content of most of its business forms inventories, and the
   First-In,  First-Out (FIFO) method is used to value the remainder.   The
   following  table summarizes the components of inventory at the different
   stages of production (in thousands of dollars):

                                 August 31,       February 28,
                                    1998             1998
                                 ----------       -----------

          Raw material             $3,196            4,640
          Work-in-process             768            1,065
          Finished goods            1,741            2,358
                                   ------            -----

                                   $5,705            8,063
                                   ======            =====

5. Comprehensive Income
   The  Company adopted the provisions of Statement of Financial Accounting
   Standards  No.  130 (SFAS 130), Reporting Comprehensive Income,  in  the
   first  quarter  of  fiscal 1999, which requires  companies  to  disclose
   comprehensive   income  separately  of  net  income   from   operations.
   Comprehensive income is defined as the change in equity during a  period
   from  transactions and other events and circumstances from non-ownership
   sources.   It  includes all changes in equity during  a  period,  except
   those  resulting from investments by owners and distributions to owners.
   The  adoption of this statement had no significant effect on the Company
   for the three months and six months ended August 31, 1998 or 1997.


                                      5
                                     
                                     
             MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                    CONDITION AND RESULTS OF OPERATIONS

Liquidity and Capital Resources
      At August 31, 1998, the Company's financial position continues to  be
strong.  Working capital decreased from $43,264,000 at February 28, 1998 to
$43,187,000  at August 31,1998.  The decrease is due to capital  investment
requirements  and a $3,300,000 treasury stock purchase.   The  Company  has
$25,924,000  in cash and equivalents and $157,000 in long-term  debt,  less
current installments.

Results of Operations
      Net  sales for the three months and six months ended August 31,  1998
decreased 3.7% and 3.9% respectively from the corresponding period  in  the
prior  year.  The  sales decline for the three months  and  six  months  is
attributable  to  the  sale  in January 1998 of  the  company's  commercial
printing  operation in Seattle.  Sales on a year-to-year  basis,  excluding
the  impact  of  Seattle sales in the prior year were flat.   Gross  Profit
Margins  increased .4% and 3.1% respectively for the three months  and  six
months  ended  August 31, 1998 compared to the same periods  in  the  prior
year.  Selling, general and administrative expenses for the three  and  six
month  periods ended August 31, 1998 decreased 12.2% and 10.7% respectively
compared to the corresponding periods in the prior year.  The decreases are
primarily  due  to the restructuring of the Company's sales force  and  the
January  1998  sale  of  the  Company's commercial  printing  operation  in
Seattle.   Net earnings increased 26.5% and 32% respectively for the  three
months  and six months ended August 31, 1998 from the corresponding  period
in  the  prior year.   Basic and diluted earnings per share increased  $.04
and  $.10,  respectively, for the three months and six months ended  August
31,  1998  from  the  corresponding periods of last year.   The  per  share
earnings  were  based  upon three months and six  months  weighted  average
shares outstanding of 16,362,685 and 16,394,828, respectively at August 31,
1998, and 16,438,126 and 16,438,199 weighted average shares outstanding  at
August  31,  1997.   Net earnings and earnings per share increased  because
productivity improvements and decreased selling, general and administrative
expenses.   The effective rate of the Federal and state income tax  expense
was  36.8% and 36.9% for the three months ended August 31, 1998 and  August
31,  1997 respectively, and 36.8% and 37.1% for the six months ended August
31, 1998 and August 31, 1997.

Revenue Growth
     One of the Company's strategies for achieving revenue growth is to
seek out partnering arrangements with trade dealers and manufacturers.  The
Company is currently in active negotiations with certain of these
manufacturers.  As a result of these negotiations, the Company is
processing orders which will result in additional revenues in the fiscal
quarter ending November 30, 1998, the amount of which cannot be determined
at the present time.  This partnering arrangement is expected to have a
significant positive impact on revenues in future years, although there can
be no assurance the Company will be able to complete this arrangement.

Accounting Standards
      In  June  1997  the  FASB  issued Statement of  Financial  Accounting
Standards No. 131, "Disclosures about Segments of an Enterprise and Related
Information."   This  statement, effective  for  financial  statements  for
periods  beginning after December 15, 1997, requires that a public business
enterprise   report  financial  and  descriptive  information   about   its
reportable   operating  segments.   Generally,  financial  information   is
required  to  be  reported  on the basis that it  is  used  internally  for
evaluating  segment performance and deciding how to allocate  resources  to
segments.   The Company is reviewing the provisions of this statement  and,
if  necessary, will

                                     6

change its current reportable business segments to ones
reflecting the organization structure of the Company.

Year 2000 issues
     The Year 2000 will have a broad impact on the business environment in
which the Company operates due to the possibility that many computerized
systems across all industries will be unable to process information
containing dates beginning in the Year 2000.  In 1995, for reasons
basically unrelated to preparations for the Year 2000, the Company invested
approximately $3,000,000 in a project to replace substantially all of its
existing computer hardware and software.  One of the benefits of this
project was to bring a major portion of the Company's technology into Year
2000 readiness.

      At the present time, the Company is concentrating its efforts to
insure readiness for the Year 2000 in the areas of determining the state of
readiness of major suppliers of goods and services, and to surveying the
Year 2000 readiness of various ancillary equipment used throughout the
Company in functions generally unrelated to information technology
function.  Both of these projects are scheduled to be completed by January
1999.  The Company does not expect either of these projects to require any
significant expenditure of funds.  Any additional Year 2000 readiness
requirements, which these projects may disclose, will be promptly evaluated
and corrected.

      The Company believes that substantially all of its internal
technology systems are prepared for Year 2000 at this time.  Any adverse
consequences to the Company as a result of lack of preparations for Year
2000 will occur as a result of external forces.  To the extent that it is
possible to determine if any of the Company's suppliers of goods and
services are unprepared for Year 2000, changes in suppliers will be made
where possible.  The Company does not expect major disruptions as a result
of any controllable factors relating to preparations for Year 2000.

Forward looking statement
      Management's result of operations contains forward-looking statements
that reflect the Company's current view with respect to future revenues and
earnings.    These  statements  are  subject  to  numerous   uncertainties,
including (but not limited to) the rate at which the business forms  market
is contracting, the application of technology to the production of business
forms,  demand  for the Company's products in the context of a  contracting
market,  variability in the prices of paper and other  raw  materials,  and
competitive  conditions  in the business forms  market.   Because  of  such
uncertainties,  readers are cautioned not to place undue reliance  on  such
forward-looking statements, which speak only as of October 15, 1998.


                                     7
                                     
                        PART II.  OTHER INFORMATION



Item 5.   Other Information

     The Company intends to exercise discretionary voting authority granted
under  any proxy that is executed and returned to the Company on any matter
which  may  properly come before the 1999 Annual Meeting  of  Shareholders,
unless  written  notice of the matter is delivered to the  Company  at  its
principal executive offices in Ennis, Texas, addressed to the Secretary  of
the Company, not later than April 6, 1999.


Item 6.   Exhibits and Reports on Form 8-K

     (a)  Exhibit
     
          Exhibit No. (27) Financial Data Schedule

     (b)  Reports on Form 8-K

          A Current Report on Form 8-K dated July 28, 1998 was filed, under
          Item  5  of  the  form, its press release dated  July  27,  1998,
          announcing  early  retirement  of  Nelson  Ward,  the   Company's
          President, Chief Operating Officer and Director.
          
          A  Current  Report on Form 8-K dated August 5, 1998,  was  filed,
          under Item 5 of the form, its press releases dated July 31,  1998
          announcing changes in its Board of Directors and a repurchase  of
          shares.   The  company also announced appointments  to  fill  the
          offices of President and Treasurer.




                                      8


                                SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.


                                ENNIS BUSINESS FORMS, INC.



Date October 15, 1998            /s/Harve Cathey
                                 Harve Cathey
                                 Principal Financial and Accounting
                                 Officer and Treasurer