SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 1, 1995
SEARS, ROEBUCK AND CO.
(Exact name of registrant as specified in charter)
New York 1-416 36-1750680
(State or Other (Commission (IRS Employer
Jurisdiction of File Number)
Identification No.) Incorporation)
Sears Tower, Chicago, Illinois 60684
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (312)
875-2500
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Item 5. Other Events.
On June 1, 1995, the Registrant's subsidiary The
Allstate Corporation issued the press release attached
hereto as Exhibit 99.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
99. Press release of The Allstate Corporation issued
June 1, 1995.
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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.
SEARS, ROEBUCK AND CO.
Date: June 2, 1995 By: /S/JAMES M. DENNY
JAMES M. DENNY
Vice Chairman and Acting
Chief Financial Officer
<PAGE>
EXHIBIT INDEX
99. Press release of The Allstate Corporation
issued June 1, 1995.
<PAGE>
Exhibit 99
The Allstate Corporation
NEWS
FOR MORE INFORMATION:
Allstate Media Relations
708-402-5600
FOR IMMEDIATE RELEASE
ALLSTATE REPORTS ESTIMATED LOSSES FOR TEXAS HAIL STORMS
NORTHBROOK, Ill., June 1, 1995 -- The Allstate Corporation
(NYSE: ALL) announced today that it expects estimated losses
of $200 million from the hail storms that hit the Dallas and
Irving, Texas areas on April 29 and May 5, 1995. The
company expects approximately 75,000 total claims for the
two storms. Based on this estimate, the after-tax impact on
Allstate's earnings is expected to be $130 million in the
second quarter. The company noted that the establishment of
estimated losses is an inherently uncertain process and
there can be no assurance that ultimate losses will not
exceed this estimate.
The Allstate Corporation is the parent of Allstate Insurance
Company, the nation's largest publicly held personal lines
insurance company, with more than 20 million customers and
approximately 14,500 full-time agents in the U.S. and
Canada. Allstate is also a major life insurer. Sears
established Allstate in 1931 and currently owns 80.3 percent
of Allstate's outstanding common stock.
