UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     Washington, DC  20549
 
                           FORM 10-Q
 
 [ X ]  Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
 Exchange Act of 1934
 
 For the period ended  June 30, 1997   
  
 or
 
 [   ]  Transition Report Pursuant to Section 13 or 15(d) of the Securities
 Exchange Act of 1934
 
 For the transition period from                   to                     
 
 Commission file number 333-16631-01
 
                 MINNESOTA LOGOS, A PARTNERSHIP
     (Exact name of registrant as specified in its charter)
 
           Minnesota                          41-1804634    
 (State or other jurisdiction              (I.R.S. Employer              
      of incorporation)                   Identification No.)
 
 5551 Corporate Blvd., 
   Baton Rouge, LA                               70808                       
   
 (Address of principal                         (Zip Code)
  executive officers)
 
 Registrant's telephone number, including area code (504) 926-1000
 
 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 period 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    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                           CONTENTS
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                                                              Page
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 PART I - FINANCIAL INFORMATION
 
 ITEM 1.  FINANCIAL STATEMENTS
 
          Condensed Balance Sheets as of October 31, 1996
          and December 31, 1996 and June 30,
          1997                                                 1   
  
          Condensed Statement of Operations for the Three
          Months Ended June 30, 1996, and June 30, 1997
          and the Six Months Ended June 30,1996
          and June 30, 1997                                    2
 
          Condensed Statement of Cash Flows for the Six 
          Months Ended June 30, 1996 and June 30, 1997         3
 
          Notes to Condensed Financial Statements              4 
 
 ITEM 2.  Management's Discussion and Analysis of
          Financial Condition and Results of Operations      5 - 6   
 
 ITEM 3.  Quantitative and Qualitative Disclosures
          About Market Risks                                   6
 
 
 
 PART II - OTHER INFORMATION
 
 ITEM 6.  Exhibits and Reports on Form 8-K                       
 
          Signatures                                           7   
 
 
</TABLE>
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 PART I  - FINANCIAL INFORMATION
 ITEM 1. - FINANCIAL STATEMENTS
 
 
                 MINNESOTA LOGOS, A PARTNERSHIP
                    CONDENSED BALANCE SHEETS
                          (Unaudited)
     OCTOBER 31, 1996, DECEMBER 31, 1996, and June 30, 1997
<TABLE>
<CAPTION>
 
 
                                  October 31,     December 31,      June 30,
                                     1996             1996           1997

 <S>                            <C>              <C>             <C>
                                                  
 ASSETS
 
 Current assets:
 Cash                            $  2,500         $  2,500        $  2,500
 Accounts receivable               50,707          123,375          79,663
 Other current assets                  -                -            3,210
   Total current assets            53,207          125,875          85,373
 
 Plant and equipment            1,959,015        1,934,146       2,097,010
   Less accumulated
   depreciation                (  171,026)      (  191,217)     (  293,043)
                                                     
                                1,787,989        1,742,929       1,803,967
 Other assets net of 
   accumulated amortization of
   $41,388 in October 1996,
   $45,875 in December 1996, 
   and $59,837 in June 1997        98,239           93,752          79,790
                               $1,939,435       $1,962,556      $1,969,130
 
 
 LIABILITIES AND PARTNERS' CAPITAL
 
 Current liabilities:
  Trade accounts payable            2,327           35,715          19,074
  Accrued expenses                  5,121            6,860           2,274
  Deferred income                 264,498          298,182         222,384
  Advances from affiliates      1,494,844        1,380,792       1,309,963
 
   Total current liabilities    1,766,790        1,721,549       1,553,695
 
 Partners' capital                172,645          241,007         415,435
 
 Total liabilities and
  partners' capital            $1,939,435       $1,962,556      $1,969,130
 
</TABLE>
 
 See accompanying notes to condensed financial statements.
 
                 MINNESOTA LOGOS, A PARTNERSHIP
 
               CONDENSED STATEMENTS OF OPERATIONS
                          (Unaudited)
 
 
 
 
 
 
 
 
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                            Three Months Ended          Six Months Ended
                       June 30,1996  June 30,1997  June 30,1996 June 30,1997
 <S>                      <C>           <C>          <C>            <C>
 
 Logo sign revenue        $ 221,251     $ 268,830    $ 425,001      $ 514,001
 
 Operating expenses:
  Direct expenses           49,909        49,802      137,073        122,389
  General and administrative
    expenses                44,003        50,891      108,578        100,835
  Depreciation              36,807        45,038       66,501        101,947
  Amortization               6,981         6,981       13,962         13,962
 
                           137,700       152,712      326,114        339,133
 
     Operating income       83,551       116,118       98,887        174,868
 
 Loss on disposition of
  assets                    12,344           440       81,857            440
 
     Net income             71,207       115,678       17,030        174,428
 
 
 
 
 
 
</TABLE>
 
 
 
 See accompanying notes to condensed financial statements.
 
 
 
 
 
                        MINNESOTA LOGOS, A PARTNERSHIP       
 
                      CONDENSED STATEMENTS OF CASH FLOWS
                              (Unaudited)                    
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                                             Six Months Ended June 30,
                                                1996        1997

 <S>                                           <C>           <C>

 CASH FLOWS FROM OPERATING ACTIVITIES:
 
 Net income                                    $17,030       174,428
 Adjustments to reconcile net income
   to net cash provided by 
   operating activities:
     Depreciation and amortization              80,463       115,909   
     Loss on disposition of assets              81,857           440
     Changes in assets and liabilities:
       Decrease (increase) in assets                   
         Accounts receivable                    36,390        43,712
         Other current assets                    5,775      (  3,210)
       Increase (decrease) in liabilities
         Trade accounts payable                    -        ( 16,641) 
         Accrued expenses                     (  8,916)     (  4,586)
         Deferred income                      ( 87,804)     ( 75,798)
         
       Net cash provided by 
         operating activities                  124,795       234,254 
 
 CASH FLOWS FROM INVESTING ACTIVITIES:
     Capital expenditures                     (267,848)     (163,425)
 
       Net cash used in investing
         activities                           (267,848)     (163,425)
 
 CASH FLOWS PROVIDED BY (USED IN)
   FINANCING ACTIVITIES
     Advances from affiliates                  143,053      ( 70,829)
     Net cash provided by (used in)
       financing activities                    143,053      ( 70,829)
 
 Net increase in cash                             -             -
 
 Cash, beginning of period                       2,500         2,500
 
 Cash, end of period                             2,500         2,500
 
</TABLE>

 See accompanying notes to condensed financial statements.
 
 
 
 
 
 
                 MINNESOTA LOGOS, A PARTNERSHIP
            NOTES TO CONDENSED FINANCIAL STATEMENTS
 

1.  SIGNIFICANT ACCOUNTING POLICIES

The information included in the foregoing interim financial statements is
unaudited.  In the opinion of management, all adjustments, consisting of
normal recurring adjustments, necessary for a fair presentation of financial
position and results of operations for the interim periods presented have
been reflected herein.  The results of operations for interim periods are
not necessarily indicative of the results to be expected for the entire
year.  These condensed financial statements should be read in conjunction
with the financial statements, of Minnesota Logos, a Partnership (the
Partnership) and the notes thereto included in the Partnership's annual
report on Form 10-K for the year ended October 31, 1996.

Organization
The Partnership is 95% owned by Minnesota Logos, Inc., whose ultimate parent
is Lamar Advertising Company ("LAC").  Global Contracting, L.L.P. owns the
remaining 5% of the Partnership.

The Partnership was awarded the Minnesota state logo sign franchise
effective August 1995.  Its principal service is to provide interstate logo
advertising in the state of Minnesota.

Change of Fiscal Year End
On December 17, 1996, the General Partner of the Partnership determined to
change the Partnership's fiscal year such that the Partnership's fiscal year
shall end on December 31 of each year.  The Partnership's last fiscal year
ended on October 31, 1996.  The two-month period from November 1, 1996 to
December 31, 1996 was treated as a transition period that was not a part of
fiscal year 1996 or fiscal year 1997, and was reported on Form 10-Q/T.  

Affiliates
The Partnership is affiliated through common ownership, directorate control
and common management with LAC, The Lamar Corporation and their
subsidiaries.

Commitments and Other Contingencies
The Partnership is a guarantor, jointly and severally with other affiliated
companies, of the payment of approximately $255,000,000 in senior
subordinated notes issued by its parent, LAC.

The Partnerships employees are covered by LAC's self-insured group health
program.  Coverage is available to all employees who work in excess of 30
hours per week.  The Partnership and/or parent is obligated to pay all
claims on these policies which are in excess of premiums up to policy limits
of $150,000 per employee, per claim, per year, at which point reinsurance
pays any additional charges.  The Partnership is also self-insured with
respect to its income disability benefits and against casualty losses on
logo sign structures.

ITEM 2.

             Management's Discussion and Analysis of 
          Financial Condition and Results of Operations

LIQUIDITY AND CAPITAL RESOURCES

The Partnership's net cash provided by operating activities was $234,254 for
the six months ended June 30, 1997, which consists of the Partnership's net
income of $174,428, non-cash items of $116,349, a net decrease in assets of
$40,502 and net decrease in liabilities of $97,025.  Net cash used in
investing activities is $163,425. Cash flows used in financing activities
were $70,829 entirely from advances from affiliates.  As a result of the
above factors, there is no change in cash for the six months ended June 30,
1997.

RESULTS OF OPERATIONS

Six months ended June 30, 1996 as compared to six months ended June 30, 1997

Revenues for the six months ended June 30, 1997 increased $89,000 to
$514,001 from $425,001 for the same period in 1996.  This increase was due
to the continued development of the logo sign program.

Operating expenses exclusive of depreciation and amortization for the six
months ended June 30, 1997 decreased $22,427 to $223,224 from $245,651 for
the same period in 1996 due to operating efficiencies generated as a result
of the continued development of the program.

Depreciation and amortization expense for the six months ended June 30, 1997
increased $35,446 as compared to the same period in 1996.

Due to the above factors operating income for the six months ended June 30,
1997 increased $75,981 to $174,868 from $98,887 for the same period in 1996.

As a result of the foregoing factors net earnings for the six months ended
June 30, 1997 increased $157,398 to $174,428 from a net income of $17,030
for the same period in 1996.

Three months ended June 30, 1996, as compared to three months ended June 30,
1997

Revenues for the three months ended June 30, 1997 increased $47,579 to
$268,830 from $221,251 for the same period in 1996.  This increase was due
to the continued development of the logo sign program.

Operating expenses exclusive of depreciation and amortization for the three
months ended June 30, 1997 remained relatively constant as compared to the
same period in 1996.

Depreciation and amortization for the three months ended June 30, 1997
increased $8,231 as compared to the same period in 1996.


             Management's Discussion and Analysis of 
          Financial Condition and Results of Operations




Due to the above factors operating income for the three months ended June
30, 1997 increased $32,567 to $116,118 from $83,551 for the same period in
1996.





ITEM 3.
             QUANTITATIVE AND QUALITATIVE DISCLOSURES
                        ABOUT MARKET RISKS


Not applicable.














































PART II - OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)   Exhibits:  

     Exhibits 27.1   Financial Data Schedule.

(b) Reports on Form 8-K 

     None

                            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.

                              MINNESOTA LOGOS, A PARTNERSHIP,
                              (Registrant) BY MINNESOTA LOGOS, INC., 
                              ITS GENERAL PARTNER



August 13, 1997                     /s/ Keith A. Istre
_____________________________      ____________________________
Date                                Keith A. Istre
                                    Chief Financial and Accounting
                                    Officer and Director