SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                                SCHEDULE 13G

                 Under the Securities Exchange Act of 1934
                          (Amendment No.   17  )*
                                         ------

                            ABBOTT LABORATORIES
                     ----------------------------------
                              (Name of Issuer)

                       COMMON SHARES WITHOUT PAR VALUE
                     ----------------------------------
                       (Title of Class of Securities)

                                002824 10 0
                     ----------------------------------
                              (CUSIP Number)

   Check the  following box if a fee is being paid with this statement / /.  (A
fee is not required only if the filing person:  (1) has a previous statement on
file reporting  beneficial  ownership of more than five percent of the class of
securities  described in Item 1;  and (2)  has  filed no  amendment  subsequent
thereto reporting  beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)

   *The remainder of  this cover  page  shall  be  filled  out  for a reporting
person's  initial  filing on this  form with  respect to the  subject  class of
securities,  and for any  subsequent  amendment  containing  information  which
would alter the disclosures provided in a prior cover page.

   The information  required in the  remainder of this  cover page shall not be
deemed to be "filed"  for the purpose of  Section 18 of the Securities Exchange
Act of 1934  ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other  provisions of the Act  (however, see
the Notes).


                        (Continued on following page(s))


                              Page 1 of 7 Pages
                                       ---





CUSIP No.  002824 10 0                13G                 Page  2  of  7  Pages
           -----------                                         ---    ---

- -------------------------------------------------------------------------------
 (1) Name of Reporting Person.  S.S. or I.R.S. Identification No. of Above
     Person
       Abbott Laboratories Stock Retirement Trust
       I.R.S. Identification No. 36-6047554

- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  /X/
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization
       Illinois
- -------------------------------------------------------------------------------
Number of Shares              (5) Sole Voting Power
 Beneficially                       0
 Owned by                    --------------------------------------------------
 Each Reporting               (6) Shared Voting Power
 Person With                        64,166,248
                             --------------------------------------------------
                              (7) Sole Dispositive Power
                                    0
                             --------------------------------------------------
                              (8) Shared Dispositive Power
                                    64,166,248
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person
       64,166,248
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

       X
- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
       8.2%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
       EP
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!





CUSIP No.  002824 10 0                13G                 Page  3  of  7  Pages
           -----------                                         ---    ---

- -------------------------------------------------------------------------------
 (1) Name of Reporting Person.  S.S. or I.R.S. Identification No. of Above
     Person
       Gary P. Coughlan
       ###-##-####

- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  /X/
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization
       United States

- -------------------------------------------------------------------------------
Number of Shares              (5) Sole Voting Power
 Beneficially                       66,504 shares - (Does not include shares
 Owned by                           direct          held in the Abbott
 Each Reporting                                     Laboratories Stock
 Person With                                        Retirement Trust for the
                                                    benefit of the reporting
                                                    person.)
                             --------------------------------------------------
                              (6) Shared Voting Power
                                64,166,248 shares - as Trustee, Abbott
                                                    Laboratories Stock
                                                    Retirement Trust.
                             --------------------------------------------------
                              (7) Sole Dispositive Power
                                   66,504 shares (see note in 5 above)
                                   direct
                             --------------------------------------------------
                              (8) Shared Dispositive Power
                                    64,166,248      as Trustee, Abbott
                                                    Laboratories Stock
                                                    Retirement Trust.
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person
       64,366,970 (Total of 5 + 6 + 134,218 shares - right to acquire by
            exercise of stock options.)
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
       8.2%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
       IN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!





CUSIP No.  002824 10 0                13G                 Page  4  of  7  Pages
           -----------                                         ---    ---

- -------------------------------------------------------------------------------
 (1) Name of Reporting Person.  S.S. or I.R.S. Identification No. of Above
     Person
       Thomas C. Freyman
       ###-##-####
- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  /X/
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization
       United States

- -------------------------------------------------------------------------------
Number of Shares              (5) Sole Voting Power
 Beneficially                       22,242 shares - (Does not include shares
 Owned by                           direct          held in the Abbott
 Each Reporting                                     Laboratories Stock
 Person With                                        Retirement Trust for the
                                                    benefit of the reporting
                                                    person.)
                             --------------------------------------------------
                              (6) Shared Voting Power
                                64,166,248 shares - as Trustee, Abbott
                                                    Laboratories Stock
                                                    Retirement Trust.
                             --------------------------------------------------
                              (7) Sole Dispositive Power
                                   22,242 shares (see note 5 above)
                             --------------------------------------------------
                              (8) Shared Dispositive Power
                                    64,166,248      as Trustee, Abbott
                                                    Laboratories Stock
                                                    Retirement Trust.
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person
       64,218,258 (Total of 5 + 6 + 29,768 shares - right to acquire by
            exercise of stock options.)
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
       8.2%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
       IN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!





CUSIP No.  002824 10 0                13G                 Page  5  of  7  Pages
           -----------                                         ---    ---

- -------------------------------------------------------------------------------
 (1) Name of Reporting Person.  S.S. or I.R.S. Identification No. of Above
     Person
       Ellen M. Walvoord
       ###-##-####
- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  /X/
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Citizenship or Place of Organization
       United States

- -------------------------------------------------------------------------------
Number of Shares              (5) Sole Voting Power
 Beneficially                       20,850 shares - (Does not include shares
 Owned by                           direct          held in the Abbott
 Each Reporting                                     Laboratories Stock
 Person With                                        Retirement Trust for the
                                                    benefit of the reporting
                                                    person.)
                             --------------------------------------------------
                              (6) Shared Voting Power
                                64,166,248 shares - as Trustee, Abbott
                                                    Laboratories Stock
                                                    Retirement Trust.
                             --------------------------------------------------
                              (7) Sole Dispositive Power
                                   20,850 shares (see note in 5 above)
                             --------------------------------------------------
                              (8) Shared Dispositive Power
                               64,166,248 shares -  as Trustee, Abbott
                                                    Laboratories Stock
                                                    Retirement Trust.
- -------------------------------------------------------------------------------
 (9) Aggregate Amount Beneficially Owned by Each Reporting Person
       64,226,970 (Total of 5 + 6 + 39,872 shares - right to acquire by
            exercise of stock options.)
- -------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
       8.2%
- -------------------------------------------------------------------------------
(12) Type of Reporting Person*
       IN
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!


Item 1(a)      Name of Issuer:

               Abbott Laboratories

Item 1(b)      Address of Issuer's Principal Executive Offices:

               100 Abbott Park Road
               Abbott Park, Illinois  60064-3500

Item 2(a)      Name of Persons Filing:

               Abbott Laboratories Stock Retirement Trust
               Gary P. Coughlan
               Thomas C. Freyman
               Ellen M. Walvoord

Item 2(b)      Address of Principal Business Office:

               100 Abbott Park Road
               Abbott Park, Illinois  60064-3500

Item 2(c)      Citizenship:

               Abbott Laboratories Stock Retirement Trust - Illinois.

               Gary P. Coughlan, Thomas C. Freyman, and
               Ellen M. Walvoord - United States

Item 2(d)      Title of Class of Securities:

               Common shares without par value

Item 2(e)      CUSIP Number:

               002824 10 0

Item 3         If this statement is filed pursuant to Rules 13d-1(b) or 13d-
               2(b), check whether the person filing is an:

               [x]  Employee Benefit Plan, Pension Fund which is subject to the
                    provisions of the Employee Retirement Income Security Act of
                    1974.

Item 4         Ownership

               (a)       (see cover pages 2, 3,
               (b)       4 and 5, Items 5 through
               (c)       9 and 11.)

Item 5.        Ownership of Five Percent or Less of a Class

               Not applicable.

                                Page 6 of 7 pages




Item 6.        Ownership of More than Five Percent on Behalf of Another Person.

               The shares owned by the Abbott Laboratories Stock Retirement
               Trust and the dividends thereon are held for the benefit of
               participants of the Abbott Laboratories Stock Retirement Plan
               pursuant to terms of that Plan and the Trust. The Abbott
               Laboratories Stock Retirement Plan is a qualified profit sharing
               plan. As of December 31, 1995, there were 36,248 participants
               with share balances in the Plan.

Item 7.        Identification and Classification of the Subsidiary Which
               Acquired the Security Being Reported on by the Parent Holding
               Company.

               Not applicable.

Item 8.        Identification and Classification of Members of the Group.

               Not applicable.

Item 9.        Notice of Dissolution of Group.

               Not applicable.

Item 10.       Certification.

               Not applicable.

Signature

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.
This statement is filed on behalf of each individual listed below pursuant to
their agreement.
                                        February 9, 1996
                                        ---------------------------------------
                                        Date
/s/ Gary P. Coughlan
- ---------------------------------       ABBOTT LABORATORIES STOCK
Gary P. Coughlan                        RETIREMENT TRUST

/s/ Thomas C. Freyman
- ---------------------------------
Thomas C. Freyman

/s/ Ellen M. Walvoord
- ---------------------------------        /s/ Thomas C. Freyman
Ellen M. Walvoord                       --------------------------------------
                                        Thomas C. Freyman, Chairman of
                                        Trustees, Abbott Laboratories
                                        Stock Retirement Trust


                                Page 7 of 7 pages




                       DISCLAIMER OF BENEFICIAL OWNERSHIP
                                UNDER RULE 13d-4

The filing of Schedule 13G Amendment 17 on behalf of the Abbott Laboratories
Stock Retirement Trust does not constitute an admission that the undersigned is,
for purposes of Section 13(d) of the Securities and Exchange Act of 1934, the
beneficial owner of any securities covered by the Schedule. Pursuant to Rule
13d-4 of the Act, the undersigned disclaims such ownership with respect to any
shares listed therein of which he would not otherwise be deemed to be
beneficial owner.


                                             /s/ Gary P. Coughlan
                                        ---------------------------------------
                                                 Gary P. Coughlan

                                              February 9, 1996
                                        ---------------------------------------
                                                     Date






                       DISCLAIMER OF BENEFICIAL OWNERSHIP
                                UNDER RULE 13d-4

The filing of Schedule 13G Amendment 17 on behalf of the Abbott Laboratories
Stock Retirement Trust does not constitute an admission that the undersigned is,
for purposes of Section 13(d) of the Securities and Exchange Act of 1934, the
beneficial owner of any securities covered by the Schedule. Pursuant to Rule
13d-4 of the Act, the undersigned disclaims such ownership with respect to any
shares listed therein of which he would not otherwise be deemed to be
beneficial owner.


                                             /s/ Thomas C. Freyman
                                        ---------------------------------------
                                                 Thomas C. Freyman

                                             February 9, 1996
                                        ---------------------------------------
                                                     Date






                       DISCLAIMER OF BENEFICIAL OWNERSHIP
                                UNDER RULE 13d-4

The filing of Schedule 13G Amendment 17 on behalf of the Abbott Laboratories
Stock Retirement Trust does not constitute an admission that the undersigned is,
for purposes of Section 13(d) of the Securities and Exchange Act of 1934, the
beneficial owner of any securities covered by the Schedule. Pursuant to Rule
13d-4 of the Act, the undersigned disclaims such ownership with respect to any
shares listed therein of which he would not otherwise be deemed to be
beneficial owner.


                                             /s/ Ellen M. Walvoord
                                        ---------------------------------------
                                                 Ellen M. Walvoord

                                             February 9, 1996
                                        ---------------------------------------
                                                     Date