Form: 10-K

Annual report pursuant to Section 13 and 15(d)

April 23, 1996

Published on April 23, 1996


SUBSIDIARIES OF WAL-MART STORES, INC.


NAME UNDER
PERCENT OF WHICH DOING
EQUITY BUSINESS
STATE OF SECURITIES OTHER THAN
SUBSIDIARY INCORPORATION OWNED SUBSIDIARY'S


McLane Company, Inc., Texas 100 Wal-Mart
and its subsidiaries



EXHIBIT 21