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SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 12/31/93
Institutional Investment Manager:
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY
ONE STATE FARM PLAZA
BLOOMINGTON IL 61710
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION
IN THIS FORM AND THE ATTACHMENTS TO IT IS TRUE, CORRECT AND COMPLETE, AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL
PARTS OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT
ALL UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND
COMPLETE AS PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
WILLIAM J. HESS SR. ASST. INVEST. COUNSEL 309-766-2302
Signature, Place and Date of Signing:
/s/ WILLIAM J. HESS BLOOMINGTON IL 02/08/94
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VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
A D C TELECOMMUNICATIONS COM 000886101 117340 3293774 SH SOLE 3293774
ABBOTT LABS COM 002824100 175191 5913600 SH SOLE 5913600
AERODYNE PRODS CORP COM 007765100 103 137975 SH SOLE 137975
AFFYMAX N V COM 008267106 5570 377635 SH SOLE 377635
AGOURON PHARMACEUTICALS INC COM 008488108 3878 330000 SH SOLE 330000
AHMANSON H F & CO COM 008677106 55599 2833100 SH SOLE 2833100
AIR PRODS & CHEMS INC COM 009158106 331292 7486800 SH SOLE 7486800
ALLERGAN INC COM 018490102 117267 5183000 SH SOLE 5183000
AMERICAN TEL & TELEG CO COM 030177109 364187 6934995 SH SOLE 6934995
AMERITECH CORP NEW COM 030954101 182666 2380010 SH SOLE 2380010
AMP INC COM 031897101 61257 970400 SH SOLE 970400
AMOCO CORP COM 031905102 150786 2851728 SH SOLE 2851728
AMSOUTH BANCORPORATION COM 032165102 50488 1615600 SH SOLE 1615600
APPLE COMPUTER INC COM 037833100 41243 1410000 SH SOLE 1410000
APTARGROUP INC COM 038336103 11578 557966 SH SOLE 557966
ARCHER DANIELS MIDLAND CO COM 039483102 529214 23262160 SH SOLE 23262160
ATLANTIC RICHFIELD CO COM 048825103 107146 1018000 SH SOLE 1018000
BRE PROPERTIES INC CL A 05564E106 81019 2409479 SH SOLE 2409479
BALLARD MED PRODS COM 058566100 7862 604751 SH SOLE 604751
BANC ONE CORP COM 059438101 61192 1564012 SH SOLE 1564012
BANCORP HAWAII INC COM 059685107 59578 1453093 SH SOLE 1453093
BANPONCE CORP NEW COM 066704107 53674 1731421 SH SOLE 1731421
BATTLE MTN GOLD CO COM 071593107 30024 2965350 SH SOLE 2965350
BATTLE MTN GOLD CO PFD CONV $3.25 071593305 3225 50000 SH SOLE 50000
BAXTER INTL INC COM 071813109 155096 6362897 SH SOLE 6362897
BELL ATLANTIC CORP COM 077853109 168863 2850000 SH SOLE 2850000
BELLSOUTH CORP COM 079860102 95120 1640000 SH SOLE 1640000
BETZ LABS INC COM 087779104 10969 250000 SH SOLE 250000
BIOMET INC COM 090613100 64802 6322000 SH SOLE 6322000
BIOTECHNICA INTL INC COM 090915109 938 1818182 SH SOLE 1818182
BOISE CASCADE CORP COM 097383103 11163 475000 SH SOLE 475000
BROOKTREE CORP COM 114577109 18378 3500508 SH SOLE 3500508
BROWN TOM INC COM NEW 115660201 24975 2220000 SH SOLE 2220000
CBI INDS INC COM 124800103 13960 459600 SH SOLE 459600
CIPSCO INC COM 125539106 3177 103315 SH SOLE 103315
CABLE & WIRELESS PUB LTD CO SPONSORED ADR 126830207 13018 542400 SH SOLE 542400
CAMPBELL SOUP CO COM 134429109 102295 2495000 SH SOLE 2495000
CAPITAL CITIES ABC INC COM 139859102 521681 842100 SH SOLE 842100
CAROLINA PWR & LT CO COM 144141108 60365 2003800 SH SOLE 2003800
CARTER HAWLEY HALE STORES INC WT EXP 100899 146227111 130 33600 SH SOLE 33600
CATERPILLAR INC DEL COM 149123101 127270 1430000 SH SOLE 1430000
CENTRAL & SOUTH WEST CORP COM 152357109 105785 3497000 SH SOLE 3497000
CENTRAL LA ELEC INC COM NEW 153897608 23751 959600 SH SOLE 959600
CHASE MANHATTAN CORP COM 161610100 28853 851760 SH SOLE 851760
CHECKPOINT SYS INC COM 162825103 3300 300000 SH SOLE 300000
CHEMEX PHARMACEUTICALS INC WT EXP 033194 163610181 4 66660 SH SOLE 66660
CHEMEX PHARMACEUTICALS INC COM PAR $0.04 163610306 125 100000 SH SOLE 100000
CHEVRON CORPORATION COM 166751107 313904 3602900 SH SOLE 3602900
CHIRON CORP COM 170040109 82824 986000 SH SOLE 986000
CLINTRIALS INC COM 188767107 2550 200000 SH SOLE 200000
<PAGE> PAGE 3
VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
COCA COLA CO COM 191216100 111116 2490000 SH SOLE 2490000
CODENOLL TECHNOLOGY CORP COM 191900109 691 460600 SH SOLE 460600
COEUR D ALENE MINES CORP IDAHO COM 192108108 5269 245070 SH SOLE 245070
CONSOLIDATED PAPERS INC COM 209759109 8650 200000 SH SOLE 200000
COOPER INDS INC PFD CV EXCH $1.6 216669507 42363 1467100 SH SOLE 1467100
CORNING INC COM 219350105 278550 9948200 SH SOLE 9948200
CYPRUS AMAX MINERALS CO COM 232809103 2914 112628 SH SOLE 112628
DEP CORP CL A 233202209 560 106750 SH SOLE 106750
DEP CORP CL B 233202308 614 106750 SH SOLE 106750
DELTA & PINE LD CO COM 247357106 2800 160000 SH SOLE 160000
DELTA AIR LINES INC DEL COM 247361108 60088 1100000 SH SOLE 1100000
DEXTER CORP COM 252165105 30007 1276873 SH SOLE 1276873
DISNEY WALT CO DEL COM 254687106 117645 2760000 SH SOLE 2760000
DONALDSON INC COM 257651109 16743 378375 SH SOLE 378375
DONNELLEY R R & SONS CO COM 257867101 53996 1734800 SH SOLE 1734800
DOW CHEM CO COM 260543103 106122 1870000 SH SOLE 1870000
DUKE POWER CO COM 264399106 174161 4110000 SH SOLE 4110000
DYNAMICS CORP AMER COM 268039104 430 28662 SH SOLE 28662
ELCOR CORP COM 284443108 9250 500000 SH SOLE 500000
EMERSON ELEC CO COM 291011104 59672 990410 SH SOLE 990410
ENGELHARD CORP COM 292845104 157152 6447262 SH SOLE 6447262
ENVIROTEST SYS CORP CL A 29409W105 912 42420 SH SOLE 42420
EQUITABLE GAS CO SUB DB CV 9.5%06 294497AJ1 953 1200000 PRN SOLE 1200000
EQUITABLE RES INC COM 294549100 49516 1351968 SH SOLE 1351968
ERICSSON L M TEL CO ADR CL B SEK10 294821400 35531 880000 SH SOLE 880000
EXXON CORP COM 302290101 363758 5762500 SH SOLE 5762500
FASTENOL CO COM 311900104 1240 40000 SH SOLE 40000
FIBREBOARD CORP NEW COM 315712109 2629 77883 SH SOLE 77883
FIFTH THIRD BANCORP COM 316773100 4916 95000 SH SOLE 95000
FIRST EMPIRE ST CORP COM 320076102 42225 300000 SH SOLE 300000
FIRST SEC CORP DEL COM 336294103 7150 275000 SH SOLE 275000
FIRST VA BANKS INC COM 337477103 16211 495000 SH SOLE 495000
GATX CORP COM 361448103 129292 3172800 SH SOLE 3172800
GTE CORP COM 362320103 58450 1670000 SH SOLE 1670000
GANTOS INC COM 364735100 625 250000 SH SOLE 250000
GENERAL ELEC CO COM 369604103 173903 1658192 SH SOLE 1658192
GILLETTE CO COM 375766102 62308 1045000 SH SOLE 1045000
GOLDEN WEST FINL CORP DEL COM 381317106 75492 1935700 SH SOLE 1935700
GREAT LAKES CHEM CORP COM 390568103 341544 4576800 SH SOLE 4576800
HAWAIIAN ELEC INDUSTRIES COM 419870100 18189 507000 SH SOLE 507000
HEILIG MEYERS CO COM 422893107 88432 2267493 SH SOLE 2267493
HELMERICH & PAYNE INC COM 423452101 57542 2064300 SH SOLE 2064300
HEWLETT PACKARD CO COM 428236103 367696 4657000 SH SOLE 4657000
HON INDS INC COM 438092108 80740 2883600 SH SOLE 2883600
HUNTINGDON INTL HLDG PLC ADR 445891203 7327 803000 SH SOLE 803000
IDAHO POWER CO COM 451380109 42792 1408800 SH SOLE 1408800
ILLINOIS TOOL WKS INC COM 452308109 186841 4790800 SH SOLE 4790800
IMMUNE RESPONSE CORP DEL COM 45252T106 11568 1128572 SH SOLE 1128572
IMPERIAL HOLLY CORP COM 452835101 713 77127 SH SOLE 77127
INGERSOLL RAND CO COM 456866102 13391 350100 SH SOLE 350100
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VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
INTEL CORP COM 458140100 287060 4630000 SH SOLE 4630000
INTERNATIONAL BUSINESS MACHS COM 459200101 226279 4004198 SH SOLE 4004198
INTERNATIONAL FLAVORS&FRAGRANC COM 459506101 236248 2076900 SH SOLE 2076900
INTERSPEC INC COM 46070G102 928 570770 SH SOLE 570770
INTUIT COM 461202103 4263 100000 SH SOLE 100000
IPALCO ENTERPRISES INC COM 462613100 36899 1039400 SH SOLE 1039400
JOHNSON & JOHNSON COM 478160104 380487 8478800 SH SOLE 8478800
JOSLYN CORP COM 481070100 8321 329550 SH SOLE 329550
JOSTENS INC COM 481088102 43082 2181398 SH SOLE 2181398
KN ENERGY INC COM 482620101 25466 988965 SH SOLE 988965
KELLOGG CO COM 487836108 257077 4530000 SH SOLE 4530000
KIMBERLY CLARK CORP COM 494368103 31126 600000 SH SOLE 600000
KOPIN CORP COM 500600101 3857 214285 SH SOLE 214285
KUBOTA CORP ADR 501173207 2366 23200 SH SOLE 23200
LTV CORP NEW COM 501921100 1234 76461 SH SOLE 76461
LTV CORP NEW WT A EX000098 501921126 4 1012 SH SOLE 1012
LATTICE SEMICONDUCTOR CORP COM 518415104 21328 2625000 SH SOLE 2625000
LECHTERS CORP COM 523238103 4900 400000 SH SOLE 400000
LEE ENTERPRISES INC COM 523768109 3927 112200 SH SOLE 112200
LIBERTY BANCORP INC OKLA COM 530175108 18065 645161 SH SOLE 645161
LIBERTY NATL BANCORP INC COM 530792100 20873 690000 SH SOLE 690000
LIFE TECHNOLOGIES INC COM 532177201 3634 196407 SH SOLE 196407
LILLY ELI & CO COM 532457108 272936 4596800 SH SOLE 4596800
LINEAR TECHNOLOGY CORP COM 535678106 67162 1733200 SH SOLE 1733200
LONE STAR INDS INC COM 542290101 1080 540000 SH SOLE 540000
LOUISIANA PAC CORP COM 546347105 96379 2336454 SH SOLE 2336454
MBNA CORP COM 55262L100 60743 1820000 SH SOLE 1820000
MCI COMMUNICATIONS CORP COM 552673105 128397 4545000 SH SOLE 4545000
MANPOWER INC COM 56418H100 117383 6660000 SH SOLE 6660000
MARCAM CORP COM 566140109 2974 305026 SH SOLE 305026
MCCORMICK & CO INC COM NON VTG 579780206 99978 4060000 SH SOLE 4060000
MEDAPHIS CORP COM 584028104 13332 404000 SH SOLE 404000
MEDTRONIC INC COM 585055106 16425 200000 SH SOLE 200000
MERCK & CO INC COM 589331107 232031 6750000 SH SOLE 6750000
MINE SAFETY APPLIANCES CO COM 602720104 8695 205800 SH SOLE 205800
MINERALS TECHNOLOGIES INC COM 603158106 5800 200000 SH SOLE 200000
MINNESOTA MNG & MFG CO COM 604059105 236532 2175000 SH SOLE 2175000
MOLECULAR BIOSYSTEMS INC COM 608513107 12106 650000 SH SOLE 650000
MOMENTUM CORP COM 608780102 265 31140 SH SOLE 31140
MORGAN J P & CO INC COM 616880100 119228 1718600 SH SOLE 1718600
MOTOROLA INC COM 620076109 179076 1941000 SH SOLE 1941000
NBB BANCORP INC COM 62872P109 14850 400000 SH SOLE 400000
NBD BANCORP INC COM 628900102 95030 3194301 SH SOLE 3194301
NEWHALL LAND & FARMING CO CAL DEPOSITARY REC 651426108 56012 3500758 SH SOLE 3500758
NEWMONT MNG CORP COM 651639106 94240 1635400 SH SOLE 1635400
NORDSTROM INC COM 655664100 8250 250000 SH SOLE 250000
NORTHERN TELECOM LTD COM 665815106 61072 1978042 SH SOLE 1978042
NORWEST CORP COM 669380107 135374 5553800 SH SOLE 5553800
NUCOR CORP COM 670346105 357708 6749200 SH SOLE 6749200
OSMONICS INC COM 688350107 14423 644625 SH SOLE 644625
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VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
OSTEOTECH INC COM 688582105 975 200000 SH SOLE 200000
PNC BK CORP COM 693475105 85985 2965000 SH SOLE 2965000
PACIFIC TELESIS GROUP COM 694890104 207579 3826348 SH SOLE 3826348
PACIFICORP COM 695114108 52435 2723908 SH SOLE 2723908
PACTEL CORP COM 695252106 30096 1225000 SH SOLE 1225000
PALL CORP COM 696429307 87992 4788700 SH SOLE 4788700
PENWEST LTD COM 709752109 1771 77850 SH SOLE 77850
PENNZOIL CO COM 709903108 197774 3705372 SH SOLE 3705372
PFIZER INC COM 717081103 429746 6228200 SH SOLE 6228200
PIONEER HI BRED INTL INC COM 723686101 112858 2893800 SH SOLE 2893800
PITTWAY CORP DEL COM 725790109 1299 38200 SH SOLE 38200
PITTWAY CORP DEL CL A 725790208 16762 519766 SH SOLE 519766
PLAINS PETE CO COM 726529100 16896 711410 SH SOLE 711410
PLANAR SYS INC COM 726900103 8160 836920 SH SOLE 836920
POGO PRODUCING CO COM 730448107 97117 5798077 SH SOLE 5798077
POLAROID CORP COM 731095105 55991 1671362 SH SOLE 1671362
PRECISION CASTPARTS CORP COM 740189105 37335 1287400 SH SOLE 1287400
PROXIMA CORP COM 744287103 5849 731146 SH SOLE 731146
RS FINL CORP COM 749721106 3000 150000 SH SOLE 150000
RTZ PLC SPONSORED ADR 74974K706 36434 745455 SH SOLE 745455
RAYCHEM CORP DEL COM 754603108 98119 2616500 SH SOLE 2616500
READERS DIGEST ASSN INC CL B 755267200 7525 175000 SH SOLE 175000
REUTERS HOLDING PLC ADR B 761324201 91640 1160000 SH SOLE 1160000
RHEOMETRICS INC COM 762073104 329 239048 SH SOLE 239048
RHONE POULENC RORER INC COM 76242T104 136732 3789448 SH SOLE 3789448
RICHTON INTL CORP COM 765516109 48 22507 SH SOLE 22507
RIO ALGOM LTD COM 766889109 29175 1741800 SH SOLE 1741800
ROGERS CORP COM 775133101 5225 200000 SH SOLE 200000
ROTO ROOTER INC COM 778786103 13892 463066 SH SOLE 463066
RUBBERMAID INC COM 781088109 295070 8491200 SH SOLE 8491200
RYKOFF-SEXTON INC COM 783759103 28374 1297128 SH SOLE 1297128
SAINT JOE PAPER CO COM 790161103 88705 1752200 SH SOLE 1752200
SANTA CRUZ OPERATIONS INC COM 801833104 5487 812895 SH SOLE 812895
SARA LEE CORP COM 803111103 60605 2424200 SH SOLE 2424200
SCI MED LIFE SYS INC COM 808614101 12661 322584 SH SOLE 322584
SEQUENT COMPUTER SYS INC COM 817338106 33926 2224625 SH SOLE 2224625
SIGMA ALDRICH CORP COM 826552101 163538 3407040 SH SOLE 3407040
SOUTHERN CO COM 842587107 44125 1000000 SH SOLE 1000000
SOUTHTRUST CORP COM 844730101 59168 3114125 SH SOLE 3114125
SOUTHWALL TECHNOLOGIES INC COM 844909101 1190 340000 SH SOLE 340000
SOUTHWESTERN BELL CORP COM 845333103 137780 3320000 SH SOLE 3320000
SOUTHWESTERN ENERGY CO COM 845467109 21255 1180800 SH SOLE 1180800
SPRINT CORP COM 852061100 52125 1500000 SH SOLE 1500000
STAR TECHNOLOGIES INC COM 855193108 476 1015734 SH SOLE 1015734
SUNTRUST BKS INC COM 867914103 132741 2949800 SH SOLE 2949800
SYM TEK SYS INC COM 871502100 146 50000 SH SOLE 50000
TECO ENERGY INC COM 872375100 70490 3115600 SH SOLE 3115600
TMBR/SHARP DRILLING INC COM 87257P101 1350 400000 SH SOLE 400000
TECUMSEH PRODS CO CL B 878895101 4949 105300 SH SOLE 105300
TECUMSUH PRODS CO CL A 878895200 14610 315900 SH SOLE 315900
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VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
TELEFONOS DE MEXICO S A SP ADR REP ORD 879403780 12488 185000 SH SOLE 185000
TEMPLE INLAND INC COM 879868107 53816 1068316 SH SOLE 1068316
TENNANT CO COM 880345103 9823 209000 SH SOLE 209000
TEXAS UTILS CO COM 882848104 309105 7146922 SH SOLE 7146922
TOWN & CTRY TR SH BEN INT 892081100 14263 700000 SH SOLE 700000
UNITED FED BANCORP INC COM 910250109 6864 212000 SH SOLE 212000
UNIVAR CORP COM 913353108 1181 103800 SH SOLE 103800
UPJOHN CO COM 915302103 34800 1200000 SH SOLE 1200000
VLSI TECHNOLOGY INC SUB DEB CNV 7%12 918270AA7 14904 16200000 PRN SOLE 16200000
VWR CORP COM 918435108 1259 103800 SH SOLE 103800
VIKING OFFICE PRODS COM 926913104 17817 364543 SH SOLE 364543
VULCAN MATLS CO COM 929160109 153638 3277600 SH SOLE 3277600
WACHOVIA CORP COM 929771103 176614 5272032 SH SOLE 5272032
WAL MART STORES INC COM 931142103 50000 2000000 SH SOLE 2000000
WASHINGTON FED S&L ASN SEATTLE COM 938828100 10450 400000 SH SOLE 400000
WASHINGTON POST CO CL B 939640108 19106 75000 SH SOLE 75000
WELLS FARGO & CO DEL COM 949740104 218025 1685224 SH SOLE 1685224
WESTCORP INC COM 957907108 9106 922100 SH SOLE 922100
WESTVACO CORP COM 961548104 40053 1124300 SH SOLE 1124300
WISCONSIN ENERGY CORP COM 976657106 50202 1825500 SH SOLE 1825500
REPORT SUMMARY 220 DATA RECORDS 16461283 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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