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SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 06/30/95 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 18013 889500 SH SOLE 889500
A D C TELECOMMUNICATIONS COM 000886101 221205 6187548 SH SOLE 6187548
AT&T CORP COM 001957109 404436 7628995 SH SOLE 7628995
ABBOTT LABS COM 002824100 239501 5913600 SH SOLE 5913600
ADVANCED TECHNOLOGIES LABS INC COM 00755N106 3713 235728 SH SOLE 235728
ADVANCED TECHNOLOGIES LABS INC COM 00755N908 113 14315 SH SOLE 14315
AGOURON PHARMACEUTICALS INC COM 008488108 9450 400000 SH SOLE 400000
AHMANSON H F & CO COM 008677106 31528 1433100 SH SOLE 1433100
AIR PRODS & CHEMS INC COM 009158106 417389 7486800 SH SOLE 7486800
AIRTOUCH COMMUNICATIONS INC COM 00949T100 157501 5526348 SH SOLE 5526348
ALLERGAN INC COM 018490102 118977 4386200 SH SOLE 4386200
AMERITECH CORP NEW COM 030954101 188277 4279020 SH SOLE 4279020
AMP INC COM 031897101 92773 2195800 SH SOLE 2195800
AMOCO CORP COM 031905102 189997 2851728 SH SOLE 2851728
AMSOUTH BANCORPORATION COM 032165102 52709 1615600 SH SOLE 1615600
APTARGROUP INC COM 038336103 21138 657966 SH SOLE 657966
ARCHER DANIELS MIDLAND CO COM 039483102 682380 36637895 SH SOLE 36637895
ASEA AB SPONSORED ADR 043655307 27027 316100 SH SOLE 316100
ATLANTIC RICHFIELD CO COM 048825103 111727 1018000 SH SOLE 1018000
BRE PROPERTIES INC CL A 05564E106 74694 2409479 SH SOLE 2409479
BALLARD MED PRODS COM 058566100 7862 604751 SH SOLE 604751
BANC ONE CORP COM 059438101 107037 3318985 SH SOLE 3318985
BANCORP HAWAII INC COM 059685107 68753 2291739 SH SOLE 2291739
BANPONCE CORP NEW COM 066704107 62766 1768021 SH SOLE 1768021
BARRETT RES CORP COM PAR $0.01 068480201 4650 200000 SH SOLE 200000
BATTLE MTN GOLD CO COM 071593107 28542 2965350 SH SOLE 2965350
BATTLE MTN GOLD CO PFD CONV $3.25 071593305 2763 50000 SH SOLE 50000
BAXTER INTL INC COM 071813109 231450 6362897 SH SOLE 6362897
BELL ATLANTIC CORP COM 077853109 159600 2850000 SH SOLE 2850000
BELLSOUTH CORP COM 079860102 23622 372000 SH SOLE 372000
BETZ LABS INC COM 087779104 11313 250000 SH SOLE 250000
BIOMET INC COM 090613100 97991 6322000 SH SOLE 6322000
BIOTECHNICA INTL INC COM 090915109 2603 11324051 SH SOLE 11324051
BOSTON SCIENTIFIC CORP COM 101137107 35116 1101688 SH SOLE 1101688
BROADWAY STORES INC WT EX 100899 111572111 14 33600 SH SOLE 33600
BROKEN HILL PROPRIETARY LTD SPONSORED ADR 112169602 47714 966350 SH SOLE 966350
BROOKTREE CORP COM 1145772*6 30192 3500508 SH SOLE 3500508
BROWN TOM INC COM NEW 115660201 33023 2220000 SH SOLE 2220000
CBI INDS INC COM 124800103 11547 459600 SH SOLE 459600
CIPSCO INC COM 125539106 3087 103315 SH SOLE 103315
CABLE & WIRELESS PUB LTD CO SPONSORED ADR 126830207 23022 1123000 SH SOLE 1123000
CAMPBELL SOUP CO COM 134429109 122255 2495000 SH SOLE 2495000
CAPITAL CITIES ABC INC COM 139859102 912168 8446000 SH SOLE 8446000
CATERPILLAR INC DEL COM 149123101 183755 2860000 SH SOLE 2860000
CENTRAL & SOUTH WEST CORP COM 152357109 91797 3497000 SH SOLE 3497000
CENTRAL LA ELEC INC COM NEW 153897608 22551 959600 SH SOLE 959600
CHECKPOINT SYS INC COM 162825103 6675 300000 SH SOLE 300000
CHEMEX PHARMACEUTICALS INC COM PAR $0.04 163610306 59 100000 SH SOLE 100000
CHEVRON CORPORATION COM 166751107 334371 7205800 SH SOLE 7205800
CHIRON CORP COM 170040109 39574 608832 SH SOLE 608832
<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
CLINTRIALS RESEARCH INC COM 188767107 2650 200000 SH SOLE 200000
COCA COLA CO COM 191216100 161607 2535000 SH SOLE 2535000
COEUR D ALENE MINES CORP IDAHO COM 192108108 4289 245070 SH SOLE 245070
COMPAQ COMPUTER CORP COM 204493100 6969 154000 SH SOLE 154000
CONSOLIDATED PAPERS INC COM 209759109 11525 200000 SH SOLE 200000
CORNING INC COM 219350105 328780 10039100 SH SOLE 10039100
CYPRUS AMAX MINERALS CO COM 232809103 3210 112628 SH SOLE 112628
DELTA & PINE LD CO COM 247357106 4640 160000 SH SOLE 160000
DELTA AIR LINES INC DEL COM 247361108 81125 1100000 SH SOLE 1100000
DEXTER CORP COM 252165105 30166 1276873 SH SOLE 1276873
DISNEY WALT CO DEL COM 254687106 153225 2760000 SH SOLE 2760000
DONALDSON INC COM 257651109 19770 756750 SH SOLE 756750
DONNELLEY R R & SONS CO COM 257867101 62453 1734800 SH SOLE 1734800
DOW CHEM CO COM 260543103 134407 1870000 SH SOLE 1870000
DUKE POWER CO COM 264399106 170565 4110000 SH SOLE 4110000
DYNAMICS CORP AMER COM 268039104 656 28662 SH SOLE 28662
ELCOR CORP COM 284443108 11125 500000 SH SOLE 500000
EMERSON ELEC CO COM 291011104 81539 1140410 SH SOLE 1140410
ENGELHARD CORP COM 292845104 276426 6447262 SH SOLE 6447262
ENVIROTEST SYS CORP CL A 29409W105 207 42420 SH SOLE 42420
EQUITABLE RES INC COM 294549100 61575 2132450 SH SOLE 2132450
ERICSSON L M TEL CO ADR CL B SEK10 294821400 88800 4440000 SH SOLE 4440000
EXXON CORP COM 302290101 406977 5762500 SH SOLE 5762500
FEI CO COM 30242L109 595 500000 SH SOLE 500000
FASTENAL CO COM 311900104 6828 250000 SH SOLE 250000
FIFTH THIRD BANCORP COM 316773100 5344 95000 SH SOLE 95000
FIRST EMPIRE ST CORP COM 320076102 51450 300000 SH SOLE 300000
FIRST SEC CORP DEL COM 336294103 13300 475000 SH SOLE 475000
FIRST VA BANKS INC COM 337477103 26063 695000 SH SOLE 695000
GATX CORP COM 361448103 149519 3172800 SH SOLE 3172800
GENERAL ELEC CO COM 369604103 188991 3352384 SH SOLE 3352384
GILLETTE CO COM 375766102 93023 2090000 SH SOLE 2090000
GOLDEN WEST FINL CORP DEL COM 381317106 91220 1935700 SH SOLE 1935700
GREAT LAKES CHEM CORP COM 390568103 276866 4595300 SH SOLE 4595300
HAWAIIAN ELEC INDUSTRIES COM 419870100 18443 507000 SH SOLE 507000
HEILIG MEYERS CO COM 422893107 63881 2517493 SH SOLE 2517493
HELMERICH & PAYNE INC COM 423452101 60897 2064300 SH SOLE 2064300
HEWLETT PACKARD CO COM 428236103 697321 9360000 SH SOLE 9360000
HON INDS INC COM 438092108 76416 2883600 SH SOLE 2883600
HUNTINGDON INTL HLDG PLC ADR 445891203 3614 803000 SH SOLE 803000
IDAHO POWER CO COM 451380109 35572 1408800 SH SOLE 1408800
ILLINOIS SUPERCONDUCTOR CORP COM 452284102 1090 121111 SH SOLE 121111
ILLINOIS TOOL WKS INC COM 452308109 263494 4790800 SH SOLE 4790800
IMMUNE RESPONSE CORP DEL COM 45252T106 4796 1128572 SH SOLE 1128572
INDUSTRIAL TECHNOLOGIES INC COM 456360106 238 304641 SH SOLE 304641
INGERSOLL RAND CO COM 456866102 13391 350100 SH SOLE 350100
INTEL CORP COM 458140100 415963 6570000 SH SOLE 6570000
INTERNATIONAL BUSINESS MACHS COM 459200101 384403 4004198 SH SOLE 4004198
INTERNATIONAL FLAVORS&FRAGRANC COM 459506101 309977 6230700 SH SOLE 6230700
INTUIT COM 461202103 7866 103500 SH SOLE 103500
<PAGE> PAGE 4
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
IPALCO ENTERPRISES INC COM 462613100 33131 1039400 SH SOLE 1039400
JOHNSON & JOHNSON COM 478160104 575594 8525800 SH SOLE 8525800
JOSTENS INC COM 481088102 46354 2181398 SH SOLE 2181398
KN ENERGY INC COM 482620101 40852 1609965 SH SOLE 1609965
KELLOGG CO COM 487836108 330824 4635000 SH SOLE 4635000
KIMBERLY CLARK CORP COM 494368103 35926 600000 SH SOLE 600000
KIMCO REALTY CORP COM 49446R109 5700 150000 SH SOLE 150000
KOPIN CORP COM 500600101 2143 214285 SH SOLE 214285
KUBOTA CORP ADR 501173207 2958 23200 SH SOLE 23200
LTV CORP NEW COM 501921100 1131 77273 SH SOLE 77273
LTV CORP NEW WT A EX 062898 501921126 3 1012 SH SOLE 1012
LATTICE SEMICONDUCTOR CORP COM 518415104 55859 1625000 SH SOLE 1625000
LECHTERS CORP COM 523238103 6200 400000 SH SOLE 400000
LEE ENTERPRISES INC COM 523768109 4278 112200 SH SOLE 112200
LEGGETT & PLATT INC COM 524660107 4400 100000 SH SOLE 100000
LIBERTY BANCORP INC OKLA COM 530175108 20806 645161 SH SOLE 645161
LIFE TECHNOLOGIES INC COM 532177201 4419 196407 SH SOLE 196407
LILLY ELI & CO COM 532457108 360849 4596800 SH SOLE 4596800
LINEAR TECHNOLOGY CORP COM 535678106 114391 1733200 SH SOLE 1733200
LONE STAR INDS INC WT EXP 123100 542290119 681 89323 SH SOLE 89323
LONE STAR INDS INC COM NEW 542290408 377 17519 SH SOLE 17519
LOUISIANA PAC CORP COM 546347105 61040 2336454 SH SOLE 2336454
MBNA CORP COM 55262L100 92138 2730000 SH SOLE 2730000
MCI COMMUNICATIONS CORP COM 552673105 230538 10479000 SH SOLE 10479000
MANPOWER INC COM 56418H100 157080 6160000 SH SOLE 6160000
MARCAM CORP COM 566140109 4156 305026 SH SOLE 305026
MCCORMICK & CO INC COM NON VTG 579780206 87290 4060000 SH SOLE 4060000
MEDAPHIS CORP COM 584028104 21261 977500 SH SOLE 977500
MEDTRONIC INC COM 585055106 30850 400000 SH SOLE 400000
MERCK & CO INC COM 589331107 331594 6750000 SH SOLE 6750000
MICROSOFT CORP COM 594918104 8857 98000 SH SOLE 98000
MICROFIELD GRAPHICS INC COM 59506W104 2045 410348 SH SOLE 410348
MINE SAFETY APPLIANCES CO COM 602720104 10907 205800 SH SOLE 205800
MINERALS TECHNOLOGIES INC COM 603158106 7200 200000 SH SOLE 200000
MINNESOTA MNG & MFG CO COM 604059105 264902 4617000 SH SOLE 4617000
MOLECULAR BIOSYSTEMS INC COM 608513107 2500 400000 SH SOLE 400000
MORGAN J P & CO INC COM 616880100 136365 1944600 SH SOLE 1944600
MOTOROLA INC COM 620076109 283068 4217000 SH SOLE 4217000
NBD BANCORP INC COM 628900102 102218 3194301 SH SOLE 3194301
NEWHALL LAND & FARMING CO CAL DEPOSITARY REC 651426108 48573 3500758 SH SOLE 3500758
NEWMONT MINING CORP COM 651639106 85473 2041141 SH SOLE 2041141
NORDSTROM INC COM 655664100 10344 250000 SH SOLE 250000
NORTHERN TELECOM LTD COM 665815106 72199 1978042 SH SOLE 1978042
NORWEST CORP COM 669380107 175112 6090800 SH SOLE 6090800
NUCOR CORP COM 670346105 369241 6901700 SH SOLE 6901700
OSMONICS INC COM 688350107 15712 966937 SH SOLE 966937
OSTEOTECH INC COM 688582105 1000 200000 SH SOLE 200000
PNC BK CORP COM 693475105 162207 6150000 SH SOLE 6150000
PACIFIC TELESIS GROUP COM 694890104 79243 2962348 SH SOLE 2962348
PACIFICORP COM 695114108 75823 4043908 SH SOLE 4043908
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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
PALL CORP COM 696429307 106549 4788700 SH SOLE 4788700
PENWEST LTD COM 709752109 1810 77850 SH SOLE 77850
PENNZOIL CO COM 709903108 174616 3705372 SH SOLE 3705372
PFIZER INC COM 717081103 573876 6228200 SH SOLE 6228200
PIONEER HI BRED INTL INC COM 723686101 121540 2893800 SH SOLE 2893800
PITTWAY CORP DEL COM 725790109 1748 38200 SH SOLE 38200
PITTWAY CORP DEL CL A 725790208 23779 519766 SH SOLE 519766
PLAINS PETE CO COM 726529100 21076 711410 SH SOLE 711410
POGO PRODUCING CO COM 730448107 126272 5520077 SH SOLE 5520077
POLAROID CORP COM 731095105 59510 1460362 SH SOLE 1460362
PRECISION CASTPARTS CORP COM 740189105 53780 1531100 SH SOLE 1531100
PRIMESOURCE CORP COM 741593107 182 22109 SH SOLE 22109
RTZ PLC SPONSORED ADR 74974K706 63526 1201455 SH SOLE 1201455
RAYCHEM CORP DEL COM 754603108 100101 2616500 SH SOLE 2616500
READERS DIGEST ASSN INC CL B 755267200 7153 175000 SH SOLE 175000
REUTERS HOLDING PLC ADR B 761324201 175438 3500000 SH SOLE 3500000
RHEOMETRICS SCIENTIFIC INC COM 762073104 374 239048 SH SOLE 239048
RHONE POULENC RORER INC COM 76242T104 149958 3668690 SH SOLE 3668690
RIO ALGOM LTD COM 766889109 33747 1741800 SH SOLE 1741800
ROGERS CORP COM 775133101 11075 200000 SH SOLE 200000
ROTO ROOTER INC COM 778786103 12619 463066 SH SOLE 463066
RUBBERMAID INC COM 781088109 271290 9776200 SH SOLE 9776200
RYKOFF-SEXTON INC COM 783759103 25204 1429985 SH SOLE 1429985
SBC COMMUNICATIONS INC COM 78387G103 189118 3971000 SH SOLE 3971000
SAINT JOE PAPER CO COM 790161103 111265 1752200 SH SOLE 1752200
SANTA CRUZ OPERATION INC COM 801833104 6808 812895 SH SOLE 812895
SARA LEE CORP COM 803111103 69090 2424200 SH SOLE 2424200
SEQUENT COMPUTER SYS INC COM 817338106 40064 2249250 SH SOLE 2249250
SIGMA ALDRICH CORP COM 826552101 172181 3504940 SH SOLE 3504940
SILICON GRAPHICS INC COM 827056102 9092 228000 SH SOLE 228000
SMITHKLINE BEECHAM PLC ADR REP EQT UT 832378400 45250 1000000 SH SOLE 1000000
SOUTHERN CO COM 842587107 44750 2000000 SH SOLE 2000000
SOUTHTRUST CORP COM 844730101 88641 3833125 SH SOLE 3833125
SOUTHWALL TECHNOLOGIES INC COM 844909101 705 240000 SH SOLE 240000
SOUTHWESTERN ENERGY CO COM 845467109 19852 1430800 SH SOLE 1430800
SPRINT CORP COM 852061100 50438 1500000 SH SOLE 1500000
STAR TECHNOLOGIES INC COM 855193108 254 1015734 SH SOLE 1015734
SUNTRUST BKS INC COM 867914103 171826 2949800 SH SOLE 2949800
TECO ENERGY INC COM 872375100 79699 3622700 SH SOLE 3622700
TMBR/SHARP DRILLING INC COM 87257P101 2775 400000 SH SOLE 400000
TECUMSEH PRODS CO CL B 878895101 4607 105300 SH SOLE 105300
TECUMSUH PRODS CO CL A 878895200 13900 315900 SH SOLE 315900
TELEFONOS DE MEXICO S A SP ADR REP ORD 879403780 8443 285000 SH SOLE 285000
TEMPLE INLAND INC COM 879868107 50879 1068316 SH SOLE 1068316
TENNANT CO COM 880345103 11286 418000 SH SOLE 418000
TEXAS UTILS CO COM 882848104 195988 5701466 SH SOLE 5701466
TOWN & CTRY TR SH BEN INT 892081100 12938 900000 SH SOLE 900000
UNIVAR CORP COM 913353108 1505 103800 SH SOLE 103800
UPJOHN CO COM 915302103 45150 1200000 SH SOLE 1200000
VLSI TECHNOLOGY INC SUB DEB CNV 7%12 918270AA7 21821 16200000 PRN SOLE 16200000
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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
VWR CORP COM 918435108 986 103800 SH SOLE 103800
VALLEY NATL BANCORP COM 919794107 3427 142065 SH SOLE 142065
VIKING OFFICE PRODS COM 926913104 26703 729086 SH SOLE 729086
VULCAN MATLS CO COM 929160109 178629 3277600 SH SOLE 3277600
WACHOVIA CORP COM 929771103 223189 6243032 SH SOLE 6243032
WAL MART STORES INC COM 931142103 54463 2036000 SH SOLE 2036000
WASHINGTON FED INC COM 938824109 12980 590000 SH SOLE 590000
WELLS FARGO & CO DEL COM 949740104 303761 1685224 SH SOLE 1685224
WEST ONE BANCORP COM 954828109 8344 250000 SH SOLE 250000
WESTCORP INC COM 957907108 15885 1016615 SH SOLE 1016615
WESTVACO CORP COM 961548104 49750 1124300 SH SOLE 1124300
WILMINGTON TRUST CORP COM 971807102 6978 247000 SH SOLE 247000
WISCONSIN ENERGY CORP COM 976657106 51114 1825500 SH SOLE 1825500
REPORT SUMMARY 213 DATA RECORDS 20227236 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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