STATE FARM GROWTH FUND INC
NSAR-B, 1999-01-28
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<PAGE>      PAGE  1
000 B000000 11/30/98
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001 A000000 STATE FARM GROWTH FUND, INC.
001 B000000 811-1519
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002 A000000 ONE STATE FARM PLAZA  D-3
002 B000000 BLOOMINGTON
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SIGNATURE   B. R. VANDERPOOL                             
TITLE       MUT FD MGR.         
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000093715
<NAME> STATE FARM GROWTH FUND, INC.
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1998
<PERIOD-END>                               NOV-30-1998
<INVESTMENTS-AT-COST>                       1015980337
<INVESTMENTS-AT-VALUE>                      2286477036
<RECEIVABLES>                                  4351325
<ASSETS-OTHER>                                  952095
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              2291780456
<PAYABLE-FOR-SECURITIES>                       1350000
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      4941704
<TOTAL-LIABILITIES>                            6291704
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     993097815
<SHARES-COMMON-STOCK>                         51183621
<SHARES-COMMON-PRIOR>                         46132240
<ACCUMULATED-NII-CURRENT>                     19696302
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2197936
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    1270496699
<NET-ASSETS>                                2285488752
<DIVIDEND-INCOME>                             29699949<F1>
<INTEREST-INCOME>                              3413231
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 2518324
<NET-INVESTMENT-INCOME>                       30594856
<REALIZED-GAINS-CURRENT>                       2197936
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<NET-CHANGE-FROM-OPS>                        339304442
<EQUALIZATION>                                  789317
<DISTRIBUTIONS-OF-INCOME>                   (31134862)<F2>
<DISTRIBUTIONS-OF-GAINS>                    (52131683)<F3>
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        8122332
<NUMBER-OF-SHARES-REDEEMED>                    5105810
<SHARES-REINVESTED>                            2034859
<NET-CHANGE-IN-ASSETS>                       464394131
<ACCUMULATED-NII-PRIOR>                       19446991
<ACCUMULATED-GAINS-PRIOR>                     52537716
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2221492
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                2518324
<AVERAGE-NET-ASSETS>                        2059675714
<PER-SHARE-NAV-BEGIN>                            39.48
<PER-SHARE-NII>                                    .61
<PER-SHARE-GAIN-APPREC>                           6.33
<PER-SHARE-DIVIDEND>                             (.64)
<PER-SHARE-DISTRIBUTIONS>                       (1.13)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              44.65
<EXPENSE-RATIO>                                    .12
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
<FN>
<F1>Net of foreign withholding taxes of $297,805
<F2>Per share $.64
<F3>Per share $1.13
</FN>
        

</TABLE>


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