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SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
Report for the Calendar Year or Quarter Ended: 03/31/96
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:
SCOTT W. OLSON DEPUTY GENERAL COUNSEL 617-382-2072
Signature, Place and Date of Signing:
/s/ SCOTT W. OLSON BOSTON MA 04/30/96
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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
AMERICAN EXPRESS CO COM 025816109 2380 48200 SH SOLE 48200
AMERICAN GENERAL CORP COM 026351106 4564 132300 SH SOLE 132300
AMERICAN HOME PRODS CORP COM 026609107 2634 24300 SH SOLE 24300
AMP INC COM 031897101 4038 97600 SH SOLE 97600
ARCHER DANIELS MIDLAND CO COM 039483102 3844 209200 SH SOLE 209200
ASHLAND INC COM 044204105 3423 89200 SH SOLE 89200
BANKERS TRUST N Y CORP COM 066365107 4812 67900 SH SOLE 67900
BEVERLY ENTERPRISES INC COM 087851101 2397 217900 SH SOLE 217900
BROWNING FERRIS INDS COM 115885105 2448 77700 SH SOLE 77700
BURLINGTON RES INC COM 122014103 3991 107500 SH SOLE 107500
CIPSCO INC COM 125539106 2070 53600 SH SOLE 53600
COOPER INDS INC COM 216669101 4594 117800 SH SOLE 117800
DAYTON HUDSON CORP COM 239753106 2139 25200 SH SOLE 25200
DEAN FOODS CO COM 242361103 1843 73700 SH SOLE 73700
DONNELLEY R R & SONS CO COM 257867101 3036 88000 SH SOLE 88000
DU PONT E I DE NEMOURS & CO COM 263534109 2473 29800 SH SOLE 29800
EASTERN ENTERPRISES COM 27637F100 1505 42400 SH SOLE 42400
GENERAL MTRS CORP COM 370442105 3871 72700 SH SOLE 72700
GENERAL RE CORP COM 370563108 3862 26500 SH SOLE 26500
GENERAL SIGNAL CORP COM 370838104 3107 85700 SH SOLE 85700
GIDDINGS & LEWIS INC WIS COM 375048105 3198 168300 SH SOLE 168300
HANSON PLC SPONSORED ADR 411352305 3754 252400 SH SOLE 252400
HUMANA INC COM 444859102 3211 127800 SH SOLE 127800
INTERNATIONAL MULTIFOODS CORP COM 460043102 1584 82800 SH SOLE 82800
LIMITED INC COM 532716107 2371 124771 SH SOLE 124771
LUBRIZOL CORP COM 549271104 1056 35800 SH SOLE 35800
MALLINCKRODT GROUP INC COM 561226101 1588 42200 SH SOLE 42200
MANPOWER INC COM 56418H100 2914 94000 SH SOLE 94000
MARSH & MCLENNAN COS INC COM 571748102 3548 38200 SH SOLE 38200
MASCO CORP COM 574599106 4228 145800 SH SOLE 145800
MONTANA POWER CO COM 612085100 3968 183500 SH SOLE 183500
MORGAN J P & CO INC COM 616880100 2706 32600 SH SOLE 32600
MOTOROLA INC COM 620076109 4717 89000 SH SOLE 89000
NORFOLK SOUTHERN CORP COM 655844108 3056 35900 SH SOLE 35900
NORTHN STS PWR CO MINN COM 665772109 3115 63900 SH SOLE 63900
PACIFICORP COM 695114108 3880 187000 SH SOLE 187000
PHILLIPS PETE CO COM 718507106 3895 98600 SH SOLE 98600
PROVIDIAN CORP COM 744061102 3646 81700 SH SOLE 81700
PUBLIC SVC ENTERPRISE GROUP COM 744573106 4010 146500 SH SOLE 146500
REYNOLDS METALS CO COM 761763101 4062 68700 SH SOLE 68700
SHERWIN WILLIAMS CO COM 824348106 2450 55200 SH SOLE 55200
SNAP ON INC COM 833034101 2408 51500 SH SOLE 51500
SOUTHERN NEW ENGLAND TELECOM COM 843485103 1622 40300 SH SOLE 40300
SUPERVALU INC COM 868536103 3810 123400 SH SOLE 123400
THOMAS & BETTS CORP COM 884315102 3855 51400 SH SOLE 51400
TRANSCANADA PIPELINES LTD COM 893526103 2686 193600 SH SOLE 193600
WOOLWORTH CORP COM 980883102 2338 149600 SH SOLE 149600
XEROX CORP COM 984121103 4468 35600 SH SOLE 35600
REPORT SUMMARY 48 DATA RECORDS 151175 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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