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SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 09/30/95 AMENDMENT 02
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 03/12/96
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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
SCANDINAVIAN BROADCASTING SYS ORD L8137H108 25129 889500 SH SOLE 889500
A D C TELECOMMUNICATIONS COM 000886101 281534 6187548 SH SOLE 6187548
AT&T CORP COM 001957109 501607 7628995 SH SOLE 7628995
ABBOTT LABS COM 002824100 252068 5913600 SH SOLE 5913600
ADVANCED TECHNOLOGIES LABS INC COM 00755N106 4372 250043 SH SOLE 250043
AGOURON PHARMACEUTICALS INC COM 008488108 8625 300000 SH SOLE 300000
AHMANSON H F & CO COM 008677106 19668 775100 SH SOLE 775100
AIR PRODS & CHEMS INC COM 009158106 390250 7486800 SH SOLE 7486800
AIRTOUCH COMMUNICATIONS INC COM 00949T100 169245 5526348 SH SOLE 5526348
ALLERGAN INC COM 018490102 146390 4386200 SH SOLE 4386200
AMERITECH CORP NEW COM 030954101 223044 4279020 SH SOLE 4279020
AMP INC COM 031897101 84538 2195800 SH SOLE 2195800
AMOCO CORP COM 031905102 182867 2851728 SH SOLE 2851728
AMSOUTH BANCORPORATION COM 032165102 61393 1615600 SH SOLE 1615600
APTARGROUP INC COM 038336103 21796 657966 SH SOLE 657966
ARCHER DANIELS MIDLAND CO COM 039483102 591473 38469786 SH SOLE 38469786
ASEA AB SPONSORED ADR 043655307 31570 316100 SH SOLE 316100
ATLANTIC RICHFIELD CO COM 048825103 109309 1018000 SH SOLE 1018000
BRE PROPERTIES INC CL A 05564E106 81320 2409479 SH SOLE 2409479
BALLARD MED PRODS COM 058566100 9903 604751 SH SOLE 604751
BANC ONE CORP COM 059438101 129282 3541985 SH SOLE 3541985
BANCORP HAWAII INC COM 059685107 77347 2291739 SH SOLE 2291739
BANPONCE CORP NEW COM 066704107 68511 1768021 SH SOLE 1768021
BARRETT RES CORP COM PAR $0.01 068480201 34968 1554133 SH SOLE 1554133
BATTLE MTN GOLD CO COM 071593107 29283 2965350 SH SOLE 2965350
BATTLE MTN GOLD CO PFD CONV $3.25 071593305 2688 50000 SH SOLE 50000
BAXTER INTL INC COM 071813109 261673 6362897 SH SOLE 6362897
BELL ATLANTIC CORP COM 077853109 174919 2850000 SH SOLE 2850000
BELLSOUTH CORP COM 079860102 27203 372000 SH SOLE 372000
BETZ LABS INC COM 087779104 10219 250000 SH SOLE 250000
BIOMET INC COM 090613100 109056 6322000 SH SOLE 6322000
BIOTECHNICA INTL INC COM 090915109 9201 11324051 SH SOLE 11324051
BOSTON SCIENTIFIC CORP COM 101137107 47923 1101688 SH SOLE 1101688
BROADWAY STORES INC WT EXP 100899 111572111 8 33600 SH SOLE 33600
BROKEN HILL PROPRIETARY LTD SPONSORED ADR 112169602 52908 966350 SH SOLE 966350
BROOKTREE CORP COM 114577109 35005 3500508 SH SOLE 3500508
BROWN TOM INC COM NEW 115660201 30248 2220000 SH SOLE 2220000
CBI INDS INC COM 124800103 10916 459600 SH SOLE 459600
CABLE & WIRELESS PUB LTD CO SPONSORED ADR 126830207 22179 1123000 SH SOLE 1123000
CAMPBELL SOUP CO COM 134429109 125374 2495000 SH SOLE 2495000
CAPITAL CITIES ABC INC COM 139859102 993462 8446000 SH SOLE 8446000
CATERPILLAR INC DEL COM 149123101 162663 2860000 SH SOLE 2860000
CENTRAL & SOUTH WEST CORP COM 152357109 89174 3497000 SH SOLE 3497000
CENTRAL LA ELEC INC COM NEW 153897608 24590 959600 SH SOLE 959600
CHECKPOINT SYS INC COM 162825103 7913 300000 SH SOLE 300000
CHEVRON CORPORATION COM 166751107 351182 7205800 SH SOLE 7205800
CHIRON CORP COM 170040109 55099 608832 SH SOLE 608832
CLINTRIALS RESEARCH INC COM 188767107 4050 200000 SH SOLE 200000
COCA COLA CO COM 191216100 174915 2535000 SH SOLE 2535000
COEUR D ALENE MINES CORP IDAHO COM 192108108 4963 245070 SH SOLE 245070
<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
COMPAQ COMPUTER CORP COM 204493100 7450 154000 SH SOLE 154000
CONSOLIDATED PAPERS INC COM 209759109 11175 200000 SH SOLE 200000
CORNING INC COM 219350105 287369 10039100 SH SOLE 10039100
CYPRUS AMAX MINERALS CO COM 232809103 3168 112628 SH SOLE 112628
DELTA & PINE LD CO COM 247357106 6040 160000 SH SOLE 160000
DELTA AIR LINES INC DEL COM 247361108 76175 1100000 SH SOLE 1100000
DEXTER CORP COM 252165105 32561 1276873 SH SOLE 1276873
DISNEY WALT CO DEL COM 254687106 158355 2760000 SH SOLE 2760000
DONALDSON INC COM 257651109 18635 756750 SH SOLE 756750
DONNELLEY R R & SONS CO COM 257867101 67657 1734800 SH SOLE 1734800
DOW CHEM CO COM 260543103 139316 1870000 SH SOLE 1870000
DUKE POWER CO COM 264399106 178271 4110000 SH SOLE 4110000
DYNAMICS CORP AMER COM 268039104 666 28662 SH SOLE 28662
ELCOR CORP COM 284443108 9563 500000 SH SOLE 500000
EMERSON ELEC CO COM 291011104 81539 1140410 SH SOLE 1140410
ENGELHARD CORP COM 292845104 245399 9670893 SH SOLE 9670893
ENVIROTEST SYS CORP CL A 29409W105 170 42420 SH SOLE 42420
EQUITABLE RES INC COM 294549100 62907 2132450 SH SOLE 2132450
ERICSSON L M TEL CO ADR CL B SEK10 294821400 108780 4440000 SH SOLE 4440000
EXXON CORP COM 302290101 416341 5762500 SH SOLE 5762500
FEI CO COM 30241L109 2042 333334 SH SOLE 333334
FASTENAL CO COM 311900104 9125 250000 SH SOLE 250000
FIFTH THIRD BANCORP COM 316773100 5451 95000 SH SOLE 95000
FIRST EMPIRE ST CORP COM 320076102 57000 300000 SH SOLE 300000
FIRST SEC CORP DEL COM 336294103 14903 475000 SH SOLE 475000
FIRST VA BANKS INC COM 337477103 28669 695000 SH SOLE 695000
GATX CORP COM 361448103 164192 3172800 SH SOLE 3172800
GENERAL ELEC CO COM 369604103 213715 3352384 SH SOLE 3352384
GILLETTE CO COM 375766102 99537 2090000 SH SOLE 2090000
GOLDEN WEST FINL CORP DEL COM 381317106 97753 1935700 SH SOLE 1935700
GRANITE BROADCASTING CORP COM 387241102 186 17081 SH SOLE 17081
GREAT LAKES CHEM CORP COM 390568103 310757 4595300 SH SOLE 4595300
HAWAIIAN ELEC INDUSTRIES COM 419870100 19266 507000 SH SOLE 507000
HEILIG MEYERS CO COM 422893107 58532 2517493 SH SOLE 2517493
HELMERICH & PAYNE INC COM 423452101 58058 2064300 SH SOLE 2064300
HEWLETT PACKARD CO COM 428236103 780389 9360000 SH SOLE 9360000
HON INDS INC COM 438092108 83625 2883600 SH SOLE 2883600
HUNTINGDON INTL HLDG PLC ADR 445891203 4818 803000 SH SOLE 803000
IDAHO POWER CO COM 451380109 39094 1408800 SH SOLE 1408800
ILLINOIS SUPERCONDUCTOR CORP COM 452284102 2188 208363 SH SOLE 208363
ILLINOIS TOOL WKS INC COM 452308109 282059 4790800 SH SOLE 4790800
IMMUNE RESPONSE CORP DEL COM 45252T106 8535 1128572 SH SOLE 1128572
INDUSTRIAL TECHNOLOGIES INC COM 456360106 495 304641 SH SOLE 304641
INGERSOLL RAND CO COM 456866102 13129 350100 SH SOLE 350100
INTEL CORP COM 458140100 395022 6570000 SH SOLE 6570000
INTERNATIONAL BUSINESS MACHS COM 459200101 378354 4004198 SH SOLE 4004198
INTERNATIONAL FLAVORS&FRAGRANC COM 459506101 300631 6230700 SH SOLE 6230700
INTUIT COM 461202103 10697 227600 SH SOLE 227600
IPALCO ENTERPRISES INC COM 462613100 37288 1039400 SH SOLE 1039400
JOHNSON & JOHNSON COM 478160104 631976 8525800 SH SOLE 8525800
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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
JOSTENS INC COM 481088102 51262 2181398 SH SOLE 2181398
KN ENERGY INC COM 482620101 43871 1609965 SH SOLE 1609965
KELLOGG CO COM 487836108 335459 4635000 SH SOLE 4635000
KIMBERLY CLARK CORP COM 494368103 40276 600000 SH SOLE 600000
KIMCO REALTY CORP COM 49446R109 6000 150000 SH SOLE 150000
KOPIN CORP COM 500600101 3589 214285 SH SOLE 214285
KUBOTA CORP ADR 501173207 3065 23200 SH SOLE 23200
LTV CORP NEW COM 501921100 1083 77273 SH SOLE 77273
LTV CORP NEW WT A EX 062898 501921126 3 1015 SH SOLE 1015
LATTICE SEMICONDUCTOR CORP COM 518415104 66016 1625000 SH SOLE 1625000
LECHTERS CORP COM 523238103 4400 400000 SH SOLE 400000
LEE ENTERPRISES INC COM 523768109 4866 112200 SH SOLE 112200
LEGGETT & PLATT INC COM 524660107 4925 200000 SH SOLE 200000
LIBERTY BANCORP INC OKLA COM 530175108 23710 645161 SH SOLE 645161
LIFE TECHNOLOGIES INC COM 532177201 5205 196407 SH SOLE 196407
LILLY ELI & CO COM 532457108 413138 4596800 SH SOLE 4596800
LINEAR TECHNOLOGY CORP COM 535678106 143856 3466400 SH SOLE 3466400
LONE STAR INDS INC WT EXP 123100 542290119 748 89323 SH SOLE 89323
LONE STAR INDS INC COM NEW 542290408 418 17519 SH SOLE 17519
LOUISIANA PAC CORP COM 546347105 56367 2336454 SH SOLE 2336454
MBNA CORP COM 55262L100 113295 2730000 SH SOLE 2730000
MCI COMMUNICATIONS CORP COM 552673105 273110 10479000 SH SOLE 10479000
MANPOWER INC COM 56418H100 178640 6160000 SH SOLE 6160000
MARCAM CORP COM 566140109 4537 305026 SH SOLE 305026
MCCORMICK & CO INC COM NON VTG 579780206 96933 4060000 SH SOLE 4060000
MEDAPHIS CORP COM 584028104 27370 977500 SH SOLE 977500
MEDTRONIC INC COM 585055106 43200 800000 SH SOLE 800000
MERCK & CO INC COM 589331107 378000 6750000 SH SOLE 6750000
MICROSOFT CORP COM 594918104 8869 98000 SH SOLE 98000
MICROFIELD GRAPHICS INC COM 59506W104 2077 410348 SH SOLE 410348
MINE SAFETY APPLIANCES CO COM 602720104 10393 205800 SH SOLE 205800
MINERALS TECHNOLOGIES INC COM 603158106 7525 200000 SH SOLE 200000
MINNESOTA MNG & MFG CO COM 604059105 262258 4652000 SH SOLE 4652000
MOLECULAR BIOSYSTEMS INC COM 608513107 3550 400000 SH SOLE 400000
MORGAN J P & CO INC COM 616880100 150463 1944600 SH SOLE 1944600
MOTOROLA INC COM 620076109 322076 4217000 SH SOLE 4217000
NBD BANCORP INC COM 628900102 122182 3194301 SH SOLE 3194301
NEWHALL LAND & FARMING CO CAL DEPOSITARY REC 651426108 46823 3500758 SH SOLE 3500758
NEWMONT MINING CORP COM 651639106 86749 2041141 SH SOLE 2041141
NORDSTROM INC COM 655664100 10438 250000 SH SOLE 250000
NORTHERN TELECOM LTD COM 665815106 70468 1978042 SH SOLE 1978042
NORWEST CORP COM 669380107 198211 6090800 SH SOLE 6090800
NUCOR CORP COM 670346105 315027 7039700 SH SOLE 7039700
OSMONICS INC COM 688350107 17042 966937 SH SOLE 966937
OSTEOTECH INC COM 688582105 1650 200000 SH SOLE 200000
PNC BK CORP COM 693475105 179794 6450000 SH SOLE 6450000
PACIFIC TELESIS GROUP COM 694890104 92015 2992348 SH SOLE 2992348
PACIFICORP COM 695114108 79969 4208908 SH SOLE 4208908
PALL CORP COM 696429307 111337 4788700 SH SOLE 4788700
PENWEST LTD COM 709752109 1966 77850 SH SOLE 77850
<PAGE> PAGE 5
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
PENNZOIL CO COM 709903108 162573 3705372 SH SOLE 3705372
PFIZER INC COM 717081103 664861 12456400 SH SOLE 12456400
PIONEER HI BRED INTL INC COM 723686101 133115 2893800 SH SOLE 2893800
PITTWAY CORP DEL COM 725790109 2368 38200 SH SOLE 38200
PITTWAY CORP DEL CL A 725790208 32355 519766 SH SOLE 519766
POGO PRODUCING CO COM 730448107 125582 5520077 SH SOLE 5520077
POLAROID CORP COM 731095105 58049 1460362 SH SOLE 1460362
PRECISION CASTPARTS CORP COM 740189105 55885 1531100 SH SOLE 1531100
PRIMESOURCE CORP COM 741593107 182 22109 SH SOLE 22109
RTZ PLC SPONSORED ADR 74974K706 69985 1201455 SH SOLE 1201455
RAYCHEM CORP DEL COM 754603108 117743 2616500 SH SOLE 2616500
READERS DIGEST ASSN INC CL B 755267200 7569 175000 SH SOLE 175000
REUTERS HOLDING PLC ADR B 761324201 185063 3500000 SH SOLE 3500000
RHEOMETRICS SCIENTIFIC INC COM 762073104 687 239048 SH SOLE 239048
RHONE POULENC RORER INC COM 76242T104 166925 3668690 SH SOLE 3668690
RIO ALGOM LTD COM 766889109 34836 1741800 SH SOLE 1741800
ROGERS CORP COM 775133101 9600 400000 SH SOLE 400000
ROTO ROOTER INC COM 778786103 17133 463066 SH SOLE 463066
RUBBERMAID INC COM 781088109 270068 9776200 SH SOLE 9776200
RYKOFF-SEXTON INC COM 783759103 33783 1429985 SH SOLE 1429985
SBC COMMUNICATIONS INC COM 78387G103 210540 3828000 SH SOLE 3828000
SBC COMMUNICATIONS INC COM 78687G106 7865 143000 SH SOLE 143000
SAINT JOE PAPER CO COM 790161103 111483 1752200 SH SOLE 1752200
SANTA CRUZ OPERATION INC COM 801833104 6808 812895 SH SOLE 812895
SARA LEE CORP COM 803111103 72120 2424200 SH SOLE 2424200
SEQUENT COMPUTER SYS INC COM 817338106 44704 2249250 SH SOLE 2249250
SIGMA ALDRICH CORP COM 826552101 169991 3504940 SH SOLE 3504940
SILICON GRAPHICS INC COM 827056102 7838 228000 SH SOLE 228000
SMITHKLINE BEECHAM PLC ADR REP EQT UT 832378400 50625 1000000 SH SOLE 1000000
SOUTHERN CO COM 842587107 50525 2150000 SH SOLE 2150000
SOUTHTRUST CORP COM 844730101 96308 3833125 SH SOLE 3833125
SOUTHWESTERN ENERGY CO COM 845467109 19494 1430800 SH SOLE 1430800
SPRINT CORP COM 852061100 52500 1500000 SH SOLE 1500000
STAR TECHNOLOGIES INC COM 855193108 238 1015734 SH SOLE 1015734
SUNTRUST BKS INC COM 867914103 195056 2949800 SH SOLE 2949800
TECO ENERGY INC COM 872375100 85133 3622700 SH SOLE 3622700
TMBR/SHARP DRILLING INC COM 87257P101 3850 400000 SH SOLE 400000
TECUMSEH PRODS CO CL B 878895101 4870 105300 SH SOLE 105300
TECUMSUH PRODS CO CL A 878895200 15163 315900 SH SOLE 315900
TELEFONOS DE MEXICO S A SP ADR REP ORD 879403780 9084 285000 SH SOLE 285000
TEMPLE INLAND INC COM 879868107 56888 1068316 SH SOLE 1068316
TENNANT CO COM 880345103 10920 418000 SH SOLE 418000
TEXAS UTILS CO COM 882848104 198838 5701466 SH SOLE 5701466
TOWN & CTRY TR SH BEN INT 892081100 13125 1000000 SH SOLE 1000000
UNIVAR CORP COM 913353108 1453 103800 SH SOLE 103800
UPJOHN CO COM 915302103 53550 1200000 SH SOLE 1200000
VWR CORP COM 918435108 1557 103800 SH SOLE 103800
VALLEY NATL BANCORP COM 919794107 3516 142065 SH SOLE 142065
VIKING OFFICE PRODS COM 926913104 30439 729086 SH SOLE 729086
VULCAN MATLS CO COM 929160109 173713 3277600 SH SOLE 3277600
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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
WACHOVIA CORP COM 929771103 269232 6243032 SH SOLE 6243032
WAL MART STORES INC COM 931142103 50391 2036000 SH SOLE 2036000
WASHINGTON FED INC COM 938824109 15200 640000 SH SOLE 640000
WELLS FARGO & CO DEL COM 949740104 312820 1685224 SH SOLE 1685224
WEST ONE BANCORP COM 954828109 10031 250000 SH SOLE 250000
WESTCORP INC COM 957907108 20586 1016615 SH SOLE 1016615
WESTVACO CORP COM 961548104 51156 1124300 SH SOLE 1124300
WILMINGTON TRUST CORP COM 971807102 7287 247000 SH SOLE 247000
WISCONSIN ENERGY CORP COM 976657106 51798 1825500 SH SOLE 1825500
REPORT SUMMARY 209 DATA RECORDS 21461327 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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