U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2.
READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.
PLEASE PRINT OR TYPE
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1. Name and address of issuer:
Crabbe Huson Funds
121 S.W. Morrison, Suite 1400
Portland, OR 97204
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2. Name of each series or class of funds for which this notice is filed:
See 1 additional page attached.
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3. Investment Company Act File Number: 811-7427
Securities Act File Number: 33-64363
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4. Last day of fiscal year for which this notice is filed:
October 31, 1996
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5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold after
the close of the fiscal year but before termination of the issuer's 24f-2
declaration:
[ ]
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6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see instruction A.6):
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7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule
24f-2 in a prior fiscal year, but which remained unsold at the beginning of
the fiscal year:
None
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8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
None
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9. Number and aggregate sale price of securities sold during the fiscal year:
135,284,525 $418,058,295
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10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
135,284,525 $418,058,295
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11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable (see
instruction B.7):
3,830,261 $37,979,690
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12. Calculation of registration fee:
(i) Aggregate sale price of securities sold
during the fiscal year in reliance on
rule 24f-2(from item 10): $ 418,058,295
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(ii) Aggregate price of shares issued in
connection with dividend reinvestment
plans (from item 11, if applicable): + 37,979,690
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(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year
(if applicable): - 437,535,204
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(iv) Aggregate price of shares redeemed or
repurchased and previously applied as
a reduction to filing fees pursuant
to rule 24c-2 (if applicable): + 0
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(v) Net aggregate price of securities sold and
issued during the fiscal year in reliance
on rule 24f-2 [line (i), plus line (ii),
less line (iii), plus line (iv)]
(if applicable): 18,502,781
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(vi) Multiplier prescribed by Section 6(b) of
the Securities Act of 1933 or other
applicable law or regulation (see
Instruction C.6): x 1/3300
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(vii) Fee due (line (i) or line (v) multiplied
by line (vi): 5,606.90
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Instruction: Issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the
issuer's fiscal year. See instruction C.3.
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13. Check box if fees are being remitted to the Commission's lockbox depository
as described in section 3a of the commission's Rules of Internal and Other
Procedures (17 CFR 202.3a). [ ]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository:
December 26, 1996
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SIGNATURES
This report has been signed below by the following persons on behalf of
the issuer and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Cheryl Burgermeister
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Treasurer
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Date: December 26, 1996
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* Please print the name and title of the signing officer below the signature.
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ATTACHMENT
#2. Name of each series or class of funds for which this notice is filed:
Crabbe Huson Oregon Tax-Free Fund
Crabbe Huson Asset Allocation Fund - Primary Class
Crabbe Huson Asset Allocation Fund - Institutional Class
Crabbe Huson Equity Fund - Primary Class
Crabbe Huson Equity Fund - Institutional Class
Crabbe Huson Income Fund
Crabbe Huson U.S. Government Income Fund
Crabbe Huson U.S. Government Money Market Fund
Crabbe Huson Real Estate Investment Fund
Crabbe Huson Small Cap Fund - Primary Class
Crabbe Huson Small Cap Fund - Institutional Class
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[Davis Wright Tremaine Letterhead]
December 26, 1996
The Crabbe Huson Special Fund, Inc.
Crabbe Huson Funds
Re: Annual Renewal
Our File No. 773126\1
Gentlemen:
We have acted as counsel to the Funds referred to above with
respect to preparation of their Rule 24f-2 Notices for the fiscal year ended
October 31, 1996, and with respect to the issuance of all shares referred to
therein. It is our opinion that all shares issued by the Funds referred to
above, during the fiscal year ended October 31, 1996, and which are referred to
in the Rule 24f-2 Notices, are legally issued, fully paid and non-assessable by
the respective Funds.
Very truly yours,
DAVIS WRIGHT TREMAINE
/s/ Mark A. Wentzien
Mark A. Wentzien
MAW:mg
f:\77\773126\1\opincnfm.ltr
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