ELCA BOARD OF PENSIONS
13F-E, 1994-08-02
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                       SECURITIES AND EXCHANGE COMMISSION                                                                         
                                   FORM 13F-E                                                                                     
                                                                                                                                  
                                                                                                                                  
Report for the Calendar Year or Quarter Ended:    06/30/94                                                                        
                                                                                                                                  
                                                                                                                                  
Institutional Investment Manager:                                                                                                 
                                                                                                                                  
CATHLEEN A. PITTENGER FOR ELCA BOARD OF PENSIONS                                                                                  
800 MARQUETTE AVE.                                                                                                                
SUITE 1050                                                                                                                        
MINNEAPOLIS                                       MN            55402-0000                                                        
                                                                                                                                  
                                                                                                                                  
 I represent that I am authorized to submit this form and that                                                                    
all information in this form and the attachments to it are 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:                                                                     
                                                                                                                                  
    LYNNE E. LARKIN                GENERAL COUNSEL              617-722-6937                                                      
                                                                                                                                  
                                                                                                                                  
Signature, Place and Date of Signing:                                                                                             
                                                                                                                                  
/s/ LYNNE E. LARKIN                BOSTON                       MA    07/27/94                                                    
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
<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
                                                                                                                                  
AHMANSON H F & CO              COM              008677106     3171   168000 SH       SOLE                 168000                  
AMERICAN EXPRESS CO            COM              025816109     2652   103000 SH       SOLE                 103000                  
AMERICAN GENERAL CORP          COM              026351106     3094   112000 SH       SOLE                 112000                  
AMERICAN HOME PRODS CORP       COM              026609107     2838    50000 SH       SOLE                  50000                  
AMERICAN INTL GROUP INC        COM              026874107     3049    35200 SH       SOLE                  35200                  
ANHEUSER BUSCH COS INC         COM              035229103     1776    35000 SH       SOLE                  35000                  
ARCHER DANIELS MIDLAND CO      COM              039483102     2945   126000 SH       SOLE                 126000                  
ASARCO INC                     COM              043413103     1274    45300 SH       SOLE                  45300                  
ASHLAND OIL INC                COM              044540102     1742    52000 SH       SOLE                  52000                  
AVERY DENNISON CORP            COM              053611109     2752    94900 SH       SOLE                  94900                  
BAXTER INTL INC                COM              071813109     2903   110600 SH       SOLE                 110600                  
BEVERLY ENTERPRISES INC        COM              087851101     1313   108300 SH       SOLE                 108300                  
BOEING CO                      COM              097023105     2590    56000 SH       SOLE                  56000                  
CIPSCO INC                     COM              125539106     2234    87600 SH       SOLE                  87600                  
CHAMPION INTL CORP             COM              158525105     1890    57500 SH       SOLE                  57500                  
CHEMICAL BKG CORP              COM              163722101     2695    70000 SH       SOLE                  70000                  
CORNING INC                    COM              219350105     1436    44000 SH       SOLE                  44000                  
DAYTON HUDSON CORP             COM              239753106     1620    20000 SH       SOLE                  20000                  
DEXTER CORP                    COM              252165105     1576    65000 SH       SOLE                  65000                  
DOLE FOOD INC                  COM              256605106     2592    96000 SH       SOLE                  96000                  
DONNELLEY R R & SONS CO        COM              257867101     2220    80000 SH       SOLE                  80000                  
E SYS INC                      COM PAR $1       269157301     2691    72000 SH       SOLE                  72000                  
EASTERN ENTERPRISES            COM              27637F100     2985   130500 SH       SOLE                 130500                  
EXXON CORP                     COM              302290101     2951    52000 SH       SOLE                  52000                  
GTE CORP                       COM              362320103     3286   106000 SH       SOLE                 106000                  
GENERAL RE CORP                COM              370563108     2787    25600 SH       SOLE                  25600                  
GREAT WESTN FINL CORP          COM              391442100     2021   110000 SH       SOLE                 110000                  
HONEYWELL INC                  COM              438506107     2790    90000 SH       SOLE                  90000                  
INCO LTD                       COM              453258402     2157    88500 SH       SOLE                  88500                  
INTERNATIONAL MULTIFOODS CORP  COM              460043102     2572   162000 SH       SOLE                 162000                  
JOHNSON & JOHNSON              COM              478160104     2723    63500 SH       SOLE                  63500                  
LIZ CLAIBORNE INC              COM              539320101     2740   137000 SH       SOLE                 137000                  
MACFRUGALS BARGAINS CLOSE OUTS COM              554152108     1303    75000 SH       SOLE                  75000                  
MONTANA POWER CO               COM              612085100     2748   122800 SH       SOLE                 122800                  
MORGAN J P & CO INC            COM              616880100     2542    41000 SH       SOLE                  41000                  
NYNEX CORP                     COM              670768100     2462    65000 SH       SOLE                  65000                  
PACIFICORP                     COM              695114108     2734   162000 SH       SOLE                 162000                  
SHERWIN WILLIAMS CO            COM              824348106     1323    42000 SH       SOLE                  42000                  
SNAP ON INC                    COM              833034101     2388    64100 SH       SOLE                  64100                  
STUDENT LOAN MARKETING ASSN    COM NEW VTG      863871505     2340    65000 SH       SOLE                  65000                  
SUN MICROSYSTEMS INC           COM              866810104     2681   130000 SH       SOLE                 130000                  
SUPERVALU INC                  COM              868536103     2919    96500 SH       SOLE                  96500                  
TANDEM COMPUTERS INC           COM              875370108     2329   207000 SH       SOLE                 207000                  
TEXACO INC                     COM              881694103     3019    50000 SH       SOLE                  50000                  
TIFFANY & CO NEW               COM              886547108     1385    40000 SH       SOLE                  40000                  
TIMKEN CO                      COM              887389104     1179    36000 SH       SOLE                  36000                  
TRANSCANADA PIPELINES LTD      COM              893526103     2969   250000 SH       SOLE                 250000                  
UAL CORP                       COM              902549104     1397    11000 SH       SOLE                  11000                  
U S WEST INC                   COM              912889102     3036    72500 SH       SOLE                  72500                  
WESTVACO CORP                  COM              961548104      726    23600 SH       SOLE                  23600                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
<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
                                                                                                                                  
WOOLWORTH CORP                 COM              980883102     1429    90000 SH       SOLE                  90000                  
XEROX CORP                     COM              984121103     1222    12500 SH       SOLE                  12500                  
YORK INTL CORP NEW             COM              986670107     1764    48000 SH       SOLE                  48000                  
REPORT SUMMARY                 53 DATA RECORDS              121960            0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED    
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