BANC ONE CORP /OH/
SC 13G/A, 1996-02-16
NATIONAL COMMERCIAL BANKS
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<PAGE>
 
                      SECURITIES AND EXCHANGE COMMISSION
                                
                                
                          WASHINGTON,  D. C.  20549
                                
                                
                                SCHEDULE 13G/A
                                
                                
                  Under the Securities Exchange Act of 1934
                             
                             
                          HILLENBRAND INDUSTRIES INC.
                          ---------------------------
                               (NAME OF ISSUER)
                             
                             
                             
                                 COMMON STOCK
                    ---------------------------------------
                        (Title of Class of Securities)
                             
                             
                                  431573104
                                  ---------
                                (CUSIP Number)
                             
                             
                              DECEMBER 31, 1995
                              -----------------
                                    (Date)
                             
                             
       Check the following box if fee is being paid with this statement
                             
                             
            _____________________________________________________
                             
                             
<PAGE>
 
CUSIP NO.                431573104
          ------------------------

- - --------------------------------------------------------------------------------
 
1)   Names of Reporting Persons               I.R.S. No.  31-0738296
     S.S. or I.R.S. Identification Nos. of           BANC ONE CORPORATION
     Above Persons                                   --------------------
      
- - --------------------------------------------------------------------------------

2)   Check the Appropriate Box if a
     Member of a Group                       (a) ____________________
     (See Instructions)                      (b) ____________________

- - --------------------------------------------------------------------------------

3)   SEC Use only

- - --------------------------------------------------------------------------------

4)   Citizenship or Place of
     Organization                      OHIO CORPORATION
                                       ----------------
 
- - --------------------------------------------------------------------------------
 
Number of Shares      (5)  Sole Voting Power                   700,663
                                                             -----------     
Beneficially          (6)  Shared Voting Power                     800      
                                                             -----------     
Owned by              (7)  Sole Dispositive Power              932,836     
                                                             -----------     
Each Reporting        (8)  Shared Dispositive Power           2,530,164         
                                                             -----------     
Person with
 
- - --------------------------------------------------------------------------------
 
9)   Aggregate Amount Beneficially                            3,463,000    
                                                             -----------     
     Owned by Each Reporting Person
 
- - --------------------------------------------------------------------------------
 
10)  Check if the Aggregate Amount
     in Row (9) Excludes Certain
     Shares (See Instructions)
 
- - --------------------------------------------------------------------------------
 
11)  Percent of Class Represented
     by Amount in Row 9                                         4.89%    
                                                             -----------     
 
- - --------------------------------------------------------------------------------
 
12)  Type of Reporting Person
     (See Instructions)                                            HC         
                                                             -----------     
 
- - --------------------------------------------------------------------------------
 
<PAGE>
 
Item 1(a) Name of Issuer:                 HILLENBRAND INDUSTRIES INC.
                                          ---------------------------
Item 1(b) Address of Issuer's principal executive  
           offices:                                    700 STATE RTE 46E
                                                   --------------------------
                                                      BATESVILLE, IN 47006  
                                                   --------------------------

Item 2(a) Name of person filing:                   BANC ONE CORPORATION
                                                   --------------------

Item 2(b) Address of principal business office or,   100 East Broad Street
                                                     ---------------------
          if none residence:                       Columbus, Ohio  43271-0156
                                                   --------------------------

Item 2(c) Citizenship:                             Not Applicable
                                                   --------------

Item 2(d) Title of class of securities:                  COMMON STOCK
                                                   --------------------------

Item 2(e) CUSIP No.:                                       431573104         
                                                   --------------------------

Item 3.   This statement is filed pursuant to Rule 13d-1(c).

Item 4.   Ownership

          This beneficial ownership by BANC ONE CORPORATION with respect to
                                       --------------------
          common shares of       HILLENBRAND INDUSTRIES INC.  as of    
                           -----------------------------------------------
                 December 31, 1995  is as follows                              :
          ---------------------------------------------------------------------
 
          (a)  Amount beneficially owned:                          3,463,000
                                                               -----------------
          (b)  Percent of class                                         4.89%
                                                               -----------------

          (c)  Number of shares as to which such person has:
          
               (i)       Sole power to vote or to direct the vote:     700,663  
                                                                     ---------- 
               (ii)      Shared power to vote or to direct the vote:       800
                                                                     ---------- 
               (iii)     Sole power to dispose or to direct the
                         disposition of:                               932,836
                                                                     ---------- 
               (iv)      Shared power to dispose or to direct the
                         disposition of:                             2,530,164
                                                                     ---------- 
Item 5.   Ownership of 5 percent or less of a Class.                     YES
                                                                     ---------- 

Item 6.   Ownership of More than 5 percent on Behalf of Another Person.   N/A
                                                                        ------- 
<PAGE>
 
Item 7.   Identification and Classification of the Subsidiary Which Acquired the
          Security Being Reported on By the Parent Holding Company.    
          
          BANK ONE WEST VIRGINIA
          ----------------------
          BANK ONE, ARIZONA, NA 
          ---------------------
          BANK ONE TRUST CO., NA
          ----------------------
          BANK ONE, TEXAS, NA   
          -------------------
          BANK ONE, INDIANAPOLIS, NA
          --------------------------
          THE ONE GROUP
          -------------
 
Item 8.   Identification and Classification of Members of the Group.     N/A
                                                                     ---------- 

Item 9.   Notice of Dissolution of group.                                N/A
                                                                     ---------- 

Item 10.  Certification.
 

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete, and correct.


Dated:         FEBRUARY 14, 1996
               -----------------


                                   BANC ONE CORPORATION

                              By:  /s/ BRETT D. CAMBERN
                                   Brett D. Cambern
                                   Investment Compliance Officer


                         
               
       


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