<PAGE> PAGE 1
000 A000000 04/30/99
000 C000000 0001001641
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 AMR INVESTMENT SERVICES TRUST
001 B000000 811-9098
001 C000000 8179673509
002 A000000 4333 AMON CARTER BLVD., MD 5645
002 B000000 FORT WORTH
002 C000000 TX
002 D010000 76155
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 9
007 C010100 1
007 C020100 LARGE CAP VALUE PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 BALANCED PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 MONEY MARKET PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 SHORT-TERM BOND PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 INTERNATIONAL EQUITY PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 INTERMEDIATE BOND PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 US GOVERNMENT MONEY MARKET PORTFOLIO
007 C030700 N
007 C010800 8
007 C020800 MUNICIPAL MONEY MARKET PORTFOLIO
007 C030800 N
007 C010900 9
007 C020900 SMALL CAP VALUE PORTFOLIO
007 C030900 N
007 C011000 10
007 C011100 11
<PAGE> PAGE 2
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
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007 C014000 40
077 A000000 Y
077 O000000 Y
SIGNATURE THOMAS E. JENKINS
TITLE ASSISTANT SECRETARY
For period ending 4-30-99
File Number 811-9098
<TABLE>
<CAPTION>
Item 77.O Transactions effected pursuant to Rule 10f-3.
The following Rule 10f-3 transaction was effected by the International
Equity Portfolio:
<S> <C>
Security: Sonera
Date of Purchase: 11/17/98
Date Offering commenced: 11/17/98
Purchase price: 8.78
Commission: .0122
Securities acquired from: Dresdner Kleinwort Benson
Affiliated Underwriter: Merrill Lynch
Amount purchased: 291943.78
Total offering: 879300000
</TABLE>
<TABLE>
<CAPTION>
The following Rule 10f-3 transactions were effected by the
Balanced Portfolio:
<S> <C>
Security: UnionBanCal
Date of Purchase: 02/25/99
Date Offering commenced: 02/25/99
Purchase price: 30.00
Commission: .023
Securities acquired from: Morgan Stanley
Affiliated Underwriter: Merrill Lynch
Amount purchased: 399000
Total offering: 750000000
Security: Lucent Technology 6.45 3/15/29
Date of Purchase: 03/10/99
Date Offering commenced: 03/10/99
Purchase price: 99.46
Commission: .05
Securities acquired from: Bear Stearns
Affiliated Underwriter: Merrill Lynch
Amount purchased: 2585960
Total offering: 1300000000
Security: ATT Corporation 6.00 3/15/09
Date of Purchase: 03/23/99
Date Offering commenced: 03/23/99
Purchase price: 99.77
Commission: .0275
Securities acquired from: Salomon Brothers
Affiliated Underwriter: Merrill Lynch
Amount purchased: 1247125
Total offering: 3000000000
Security: Vulcan Materials 6.00 4/1/99
Date of Purchase: 04/07/99
Date Offering commenced: 04/07/99
Purchase price: 99.40
Commission: .04
Securities acquired from: Goldman Sachs
Affiliated Underwriter: Merrill Lynch
Amount purchased: 2087400
Total offering: 250000000
Security: Conoco 6.95 4/15/29
Date of Purchase: 04/15/99
Date Offering commenced: 04/15/99
Purchase price: 99.40
Commission: .05
Securities acquired from: Salomon Smith Barney
Affiliated Underwriter: Merrill Lynch
Amount purchased: 1100000
Total offering: 1900000000
</TABLE>
<TABLE>
<CAPTION>
The following Rule 10f-3 transaction was effected by the
Large Cap Value Portfolio:
<S> <C>
Security: UnionBanCal
Date of Purchase: 02/25/99
Date Offering commenced: 02/25/99
Purchase price: 30.00
Commission: .023
Securities acquired from: Morgan Stanley
Affiliated Underwriter: Merrill Lynch
Amount purchased: 1080000
Total offering: 750000000
</TABLE>
