|
|
|
|
|
|
|
|
|
|
|
|
|
<TABLE>
<C> <C>
<PAGE> PAGE 1
SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 06/30/98
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 309-766-2392
Signature, Place and Date of Signing:
/s/ WILLIAM J. HESS BLOOMINGTON IL 08/07/98
<PAGE> PAGE 2
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 26853 889500 SH SOLE 889500
A D C TELECOMMUNICATIONS COM 000886101 407579 11156996 SH SOLE 11156996
AES CORP COM 00130H105 20979 399100 SH SOLE 399100
AT&T CORP COM 001957109 435806 7628995 SH SOLE 7628995
ATL ULTRASOUND INC COM 00207N100 15327 335935 SH SOLE 335935
ABB AB SPONSORED ADR 00256Q103 47722 345500 SH SOLE 345500
ABBOTT LABS COM 002824100 490402 11961200 SH SOLE 11961200
AGOURON PHARMACEUTICALS INC COM 008488108 15156 500000 SH SOLE 500000
AIR PRODS & CHEMS INC COM 009158106 583904 14597600 SH SOLE 14597600
AIRTOUCH COMMUNICATIONS INC COM 00949T100 330308 5652348 SH SOLE 5652348
ALLEGIANCE CORP COM 017475104 65220 1272578 SH SOLE 1272578
ALLERGAN INC COM 018490102 182913 3944200 SH SOLE 3944200
ALLIEDSIGNAL INC COM 019512102 13641 307400 SH SOLE 307400
AMERITECH CORP NEW COM 030954101 402074 8959840 SH SOLE 8959840
AMGEN INC COM 031162100 36283 555000 SH SOLE 555000
AMOCO CORP COM 031905102 253105 6063456 SH SOLE 6063456
AMSOUTH BANCORPORATION COM 032165102 149831 3811275 SH SOLE 3811275
ANADARKO PETE CORP COM 032511107 10414 155000 SH SOLE 155000
APTARGROUP INC COM 038336103 61974 996566 SH SOLE 996566
ARCHER DANIELS MIDLAND CO COM 039483102 821751 42412932 SH SOLE 42412932
ATLANTIC RICHFIELD CO COM 048825103 156251 2000000 SH SOLE 2000000
AUTOMATIC DATA PROCESSING INC COM 053015103 14473 198600 SH SOLE 198600
AVALON BAY CMNTYS INC COM 053373106 10218 268905 SH SOLE 268905
BRE PROPERTIES INC CL A 05564E106 91713 3518958 SH SOLE 3518958
BALLARD MED PRODS COM 058566100 18334 1016751 SH SOLE 1016751
BANC ONE CORP COM 059438101 319840 5730611 SH SOLE 5730611
BANKAMERICA CORP COM 066050105 52007 601300 SH SOLE 601300
BARRICK GOLD CORP COM 067901108 11550 600000 SH SOLE 600000
BARRETT RES CORP COM PAR $0.01 068480201 93360 2493733 SH SOLE 2493733
BATTLE MTN GOLD CO COM 071593107 21169 3565350 SH SOLE 3565350
BATTLE MTN GOLD CO PFD CONV $3.25 071593305 2291 50000 SH SOLE 50000
BAXTER INTL INC COM 071813109 343156 6376897 SH SOLE 6376897
BELL ATLANTIC CORP COM 077853109 263905 5784200 SH SOLE 5784200
BELLSOUTH CORP COM 079860102 53472 796600 SH SOLE 796600
BETZDEARBORN INC COM 087779104 20688 500000 SH SOLE 500000
BIOMET INC COM 090613100 209516 6337000 SH SOLE 6337000
BOSTON SCIENTIFIC CORP COM 101137107 78908 1101688 SH SOLE 1101688
BROKEN HILL PROPRIETARY LTD SPONSORED ADR 112169602 32735 1932700 SH SOLE 1932700
BROWN TOM INC COM NEW 115660201 49289 2620000 SH SOLE 2620000
CLECO CORP COM 12561M107 7476 251300 SH SOLE 251300
CMS ENERGY CORP COM 125896100 20046 455600 SH SOLE 455600
CABLE & WIRELESS PUB LTD CO SPONSORED ADR 126830207 17741 481100 SH SOLE 481100
CAMPBELL SOUP CO COM 134429109 273638 5150800 SH SOLE 5150800
CANWEST GLOBAL COMMUNICATIONS SHS NON VTG 138906300 25713 1600800 SH SOLE 1600800
CARDIOTHORACIC SYS INC COM 141907105 1747 345000 SH SOLE 345000
CATERPILLAR INC DEL COM 149123101 407858 7709400 SH SOLE 7709400
CENTRAL & SOUTH WEST CORP COM 152357109 118089 4394000 SH SOLE 4394000
CHECKPOINT SYS INC COM 162825103 8475 600000 SH SOLE 600000
CHEVRON CORPORATION COM 166751107 606699 7250800 SH SOLE 7250800
CHIRON CORP COM 170040109 38204 2435328 SH SOLE 2435328
<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
CISCO SYS INC COM 17275R102 48977 532000 SH SOLE 532000
COCA COLA CO COM 191216100 464624 5434200 SH SOLE 5434200
COLGATE PALMOLIVE CO COM 194162103 57455 652900 SH SOLE 652900
COMPAQ COMPUTER CORP COM 204493100 29584 1042600 SH SOLE 1042600
CONSOLIDATED PAPERS INC COM 209759109 10900 400000 SH SOLE 400000
CORNING INC COM 219350105 340692 9804100 SH SOLE 9804100
COVANCE INC COM 222816100 55149 2451025 SH SOLE 2451025
CYPRUS AMAX MINERALS CO COM 232809103 1492 112628 SH SOLE 112628
DEERE & CO COM 244199105 19348 366100 SH SOLE 366100
DELTA & PINE LD CO COM 247357106 25315 568886 SH SOLE 568886
DELTA AIR LINES INC DEL COM 247361108 111039 859100 SH SOLE 859100
DEUTSCH TELEKOM AG SPONSORED ADR 251566105 24526 891800 SH SOLE 891800
DIEBOLD INC COM 253651103 32354 1120500 SH SOLE 1120500
DISNEY WALT CO COM 254687106 1308823 12457561 SH SOLE 12457561
DONALDSON INC COM 257651109 35756 1513500 SH SOLE 1513500
DONNELLEY R R & SONS CO COM 257867101 126901 2773800 SH SOLE 2773800
DOW CHEM CO COM 260543103 193579 2002100 SH SOLE 2002100
DU PONT E I DE NEMOURS & CO COM 263534109 66372 888900 SH SOLE 888900
DUKE ENERGY CORP COM 264399106 266330 4495000 SH SOLE 4495000
ELCOR CORP COM 284443108 18938 750000 SH SOLE 750000
ELECTRONIC DATA SYS NEW COM 285661104 56231 1407900 SH SOLE 1407900
EMERSON ELEC CO COM 291011104 148518 2459920 SH SOLE 2459920
ENGELHARD CORP COM 292845104 195836 9670893 SH SOLE 9670893
ERICSSON L M TEL CO ADR CL B SEK10 294821400 360304 12587000 SH SOLE 12587000
EXXON CORP COM 302290101 897838 12579900 SH SOLE 12579900
FPL GROUP INC COM 302571104 59258 940600 SH SOLE 940600
FASTENAL CO COM 311900104 13699 295000 SH SOLE 295000
FEDERAL NATL MTG ASSN COM 313586109 15406 253600 SH SOLE 253600
FIFTH THIRD BANCORP COM 316773100 20200 320625 SH SOLE 320625
FINOVA GROUP INC COM 317928109 18720 330600 SH SOLE 330600
FIRST CHICAGO NBD CORP COM 31945A100 311526 3515101 SH SOLE 3515101
FIRST SEC CORP DEL COM 336294103 37121 1734075 SH SOLE 1734075
FIRST VA BANKS INC COM 337477103 56574 1104000 SH SOLE 1104000
GATX CORP COM 361448103 258450 5890600 SH SOLE 5890600
GTE CORP COM 362320103 26261 472100 SH SOLE 472100
GENERAL ELEC CO COM 369604103 783531 8620868 SH SOLE 8620868
GILLETTE CO COM 375766102 243196 4277000 SH SOLE 4277000
GOLDEN WEST FINL CORP DEL COM 381317106 215325 2025400 SH SOLE 2025400
GRANITE BROADCASTING CORP COM 387241102 203 17081 SH SOLE 17081
GREAT LAKES CHEM CORP COM 390568103 161654 4099000 SH SOLE 4099000
HEILIG MEYERS CO COM 422893107 27919 2267493 SH SOLE 2267493
HELMERICH & PAYNE INC COM 423452101 92635 4128600 SH SOLE 4128600
HEWLETT PACKARD CO COM 428236103 1120861 18720000 SH SOLE 18720000
HON INDS INC COM 438092108 196084 5767200 SH SOLE 5767200
HUMAN GENOME SCIENCES INC COM 444903108 3569 100000 SH SOLE 100000
IDAHO POWER CO COM 451380109 48780 1408800 SH SOLE 1408800
ILLINOIS SUPERCONDUCTOR CORP COM 452284102 394 225000 SH SOLE 225000
ILLINOIS TOOL WKS INC COM 452308109 649489 9739300 SH SOLE 9739300
INGERSOLL RAND CO COM 456866102 23593 535450 SH SOLE 535450
INTEL CORP COM 458140100 1053658 14214600 SH SOLE 14214600
<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
INTERNATIONAL BUSINESS MACHS COM 459200101 888786 7741196 SH SOLE 7741196
INTERNATIONAL FLAVORS&FRAGRANC COM 459506101 274443 6318100 SH SOLE 6318100
INTUIT COM 461202103 27906 455600 SH SOLE 455600
JOHNSON & JOHNSON COM 478160104 1261412 17051600 SH SOLE 17051600
JOSTENS INC COM 481088102 32663 1367298 SH SOLE 1367298
KLA-TENCORP CORP COM 482480100 8691 313900 SH SOLE 313900
KN ENERGY INC COM 482620101 126916 2342165 SH SOLE 2342165
KELLOGG CO COM 487836108 349233 9270000 SH SOLE 9270000
KIMBERLY CLARK CORP COM 494368103 55050 1200000 SH SOLE 1200000
KIMCO REALTY CORP COM 49446R109 17425 425000 SH SOLE 425000
KUBOTA CORP ADR 501173207 1067 23200 SH SOLE 23200
LATTICE SEMICONDUCTOR CORP COM 518415104 46160 1625000 SH SOLE 1625000
LEE ENTERPRISES INC COM 523768109 6872 224400 SH SOLE 224400
LEGGETT & PLATT INC COM 524660107 10000 400000 SH SOLE 400000
LIFE TECHNOLOGIES INC COM 532177201 9243 294610 SH SOLE 294610
LILLY ELI & CO COM 532457108 1221728 18444900 SH SOLE 18444900
LINEAR TECHNOLOGY CORP COM 535678106 209067 3466400 SH SOLE 3466400
LOUISIANA PAC CORP COM 546347105 42640 2336454 SH SOLE 2336454
LUCENT TECHNOLOGIES INC COM 549463107 411351 4944864 SH SOLE 4944864
M & T BK CORP COM 55261F104 169358 305700 SH SOLE 305700
MBNA CORP COM 55262L100 327052 9892950 SH SOLE 9892950
MCI COMMUNICATIONS CORP COM 552673105 609091 10479000 SH SOLE 10479000
MANPOWER INC COM 56418H100 176715 6160000 SH SOLE 6160000
MCCORMICK & CO INC COM NON VTG 579780206 145019 4060000 SH SOLE 4060000
MCDONALDS CORP COM 580135101 145817 2113300 SH SOLE 2113300
MEDTRONIC INC COM 585055106 107394 1684600 SH SOLE 1684600
MERCK & CO INC COM 589331107 946723 7078300 SH SOLE 7078300
MICROSOFT CORP COM 594918104 185668 1713200 SH SOLE 1713200
MICROFIELD GRAPHICS INC COM 59506W104 2000 400000 SH SOLE 400000
MINERALS TECHNOLOGIES INC COM 603158106 29483 579525 SH SOLE 579525
MINNESOTA MNG & MFG CO COM 604059105 403286 4906900 SH SOLE 4906900
MORGAN J P & CO INC COM 616880100 255314 2180900 SH SOLE 2180900
MOTOROLA INC COM 620076109 240369 4573000 SH SOLE 4573000
NEWHALL LAND & FARMING CO CAL DEPOSITARY REC 651426108 96071 3400758 SH SOLE 3400758
NEWMONT MINING CORP COM 651639106 49854 2110241 SH SOLE 2110241
NEXTLINK COMMUNICATIONS INC CL A 65333H707 12272 324000 SH SOLE 324000
NOKIA CORP SPONSORED ADR 654902204 33030 454200 SH SOLE 454200
NORTHERN TELECOM LTD COM 665815106 224508 3956084 SH SOLE 3956084
NORTHERN TR CORP COM 665859104 54268 711700 SH SOLE 711700
NORWEST CORP COM 669380107 412299 10997600 SH SOLE 10997600
NUCOR CORP COM 670346105 328320 7137400 SH SOLE 7137400
OCTEL CORP COM 675727101 9841 492500 SH SOLE 492500
ORACLE CORP COM 68389X105 10664 434200 SH SOLE 434200
OSMONICS INC COM 688350107 11570 966937 SH SOLE 966937
PNC BK CORP COM 693475105 303586 5635000 SH SOLE 5635000
PACIFIC CENTY FINL CORP COM 694058108 101767 4240278 SH SOLE 4240278
PACIFICORP COM 695114108 122670 5421908 SH SOLE 5421908
PALL CORP COM 696429307 98169 4788700 SH SOLE 4788700
PENFORD CORP COM 707051108 2355 77850 SH SOLE 77850
PENNZOIL CO COM 709903108 174953 3444372 SH SOLE 3444372
<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
PHARMACIA & UPJOHN INC COM 716941109 80258 1740000 SH SOLE 1740000
PFIZER INC COM 717081103 2692711 24774800 SH SOLE 24774800
PIONEER HI BRED INTL INC COM 723686101 380506 9196500 SH SOLE 9196500
PITTWAY CORP DEL COM 725790109 4369 57300 SH SOLE 57300
PITTWAY CORP DEL CL A 725790208 57597 779649 SH SOLE 779649
POGO PRODUCING CO COM 730448107 138692 5520077 SH SOLE 5520077
POLAROID CORP COM 731095105 51934 1460362 SH SOLE 1460362
POPULAR INC COM 733174106 194157 2919642 SH SOLE 2919642
PRAXAIR INC COM 74005P104 30340 648100 SH SOLE 648100
PRECISION CASTPARTS CORP COM 740189105 81722 1531100 SH SOLE 1531100
PROCTER & GAMBLE CO COM 742718109 76328 838200 SH SOLE 838200
QUEST DIAGNOSTICS INC COM 74834L100 26840 1225512 SH SOLE 1225512
RAYCHEM CORP DEL COM 754603108 162446 5495000 SH SOLE 5495000
REUTERS GROUP PLC SPONSORED ADR 76132M102 281377 4107689 SH SOLE 4107689
RIO ALGOM LTD COM 766889109 25909 1741800 SH SOLE 1741800
RIO TINTO PLC SPONSORED ADR 767204100 107147 2267655 SH SOLE 2267655
ROGERS CORP COM 775133101 13200 400000 SH SOLE 400000
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 100566 1834700 SH SOLE 1834700
RUBBERMAID INC COM 781088109 326518 9890400 SH SOLE 9890400
SBC COMMUNICATIONS INC COM 78387G103 560473 14011830 SH SOLE 14011830
ST JOE CO COM 790148100 34583 1263300 SH SOLE 1263300
SARA LEE CORP COM 803111103 168618 3014400 SH SOLE 3014400
SCHLUMBERGER LTD COM 806857108 17836 261100 SH SOLE 261100
SIGMA ALDRICH CORP COM 826552101 246222 7009880 SH SOLE 7009880
SMITHKLINE BEECHAM PLC ADR REP ORD 832378301 121000 2000000 SH SOLE 2000000
SONOSIGHT INC COM 83568G104 819 111978 SH SOLE 111978
SOUTHERN CO COM 842587107 86349 3118700 SH SOLE 3118700
SOUTHTRUST CORP COM 844730101 303884 6985837 SH SOLE 6985837
SPRINT CORP COM 852061100 107063 1500000 SH SOLE 1500000
STEEL DYNAMICS INC COM 858119100 6293 453500 SH SOLE 453500
STEELCASE INC CL A 858155203 11799 453800 SH SOLE 453800
STERICYCLE INC COM 858912108 7524 518900 SH SOLE 518900
SUNTRUST BKS INC COM 867914103 488608 6009000 SH SOLE 6009000
SYSCO CORP COM 871829107 31262 1220000 SH SOLE 1220000
TCF FINL CORP COM 872275102 18597 630400 SH SOLE 630400
TECO ENERGY INC COM 872375100 109843 4096700 SH SOLE 4096700
TMBR/SHARP DRILLING INC COM 87257P101 1925 200000 SH SOLE 200000
TELE DANMARK A/S SPNSR ADR CL B 879242105 55094 1169100 SH SOLE 1169100
TELEFONOS DE MEXICO S A SP ADR REP ORD 879403780 13698 285000 SH SOLE 285000
TENNANT CO COM 880345103 18497 418000 SH SOLE 418000
TEXAS UTILS CO COM 882848104 222505 5345466 SH SOLE 5345466
US BANCORP DEL COM 902973106 54629 1270434 SH SOLE 1270434
UNILEVER N V NEW YORK SHS 904784501 58375 739500 SH SOLE 739500
VWR SCIENTIFIC PRODS CORP COM 918435108 2556 103800 SH SOLE 103800
VALLEY NATL BANCORP COM 919794107 20323 700800 SH SOLE 700800
VENTANA MED SYS INC COM 92276H106 15394 549800 SH SOLE 549800
VIKING OFFICE PRODS COM 926913104 45750 1458172 SH SOLE 1458172
VLASIC FOODS INTL INC COM 928559103 10366 515080 SH SOLE 515080
VULCAN MATLS CO COM 929160109 349679 3277600 SH SOLE 3277600
WACHOVIA CORP COM 929771103 448867 5312032 SH SOLE 5312032
<PAGE> PAGE 6
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
WAL MART STORES INC COM 931142103 280494 4617200 SH SOLE 4617200
WASHINGTON FED INC COM 938824109 36628 1325918 SH SOLE 1325918
WATSON PHARMACEUTICALS INC COM 942683103 30814 660000 SH SOLE 660000
WELLS FARGO & CO DEL COM 949740104 652327 1767824 SH SOLE 1767824
WESTCORP INC COM 957907108 16740 1217445 SH SOLE 1217445
WESTVACO CORP COM 961548104 47642 1686450 SH SOLE 1686450
WILMINGTON TRUST CORP COM 971807102 15036 247000 SH SOLE 247000
WISCONSIN ENERGY CORP COM 976657106 55449 1825500 SH SOLE 1825500
WORLDCOM INC GA COM 98155K102 55945 1155000 SH SOLE 1155000
REPORT SUMMARY 209 DATA RECORDS 38527052 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
|
|