SCHRODER CAPITAL FUNDS
NSAR-A, 1996-12-30
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<PAGE>      PAGE  1
000 A000000 10/31/96
000 C000000 0001003159
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 2.2
000 J000000 A
001 A000000 SCHRODER CAPITAL FUNDS, INC.
001 B000000 811-9130
001 C000000 2078798909
002 A000000 2 PORTLAND SQUARE
002 B000000 PORTLAND
002 C000000 ME
002 D010000 04101
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 INTERNATIONAL EQUITY FUND (PORTFOLIO)
007 C030100 N
007 C010200  2
007 C020200 SCHRODER EMERGING MARKETS FUND (CORE)
007 C030200 N
007 C010300  3
007 C020300 US SMALLER COMPANIES PORTFOLIO
007 C030300 N
008 A00AA01 SCHRODER CAPITAL MANAGEMENT INTERNATIONAL INC
008 B00AA01 A
008 C00AA01 801-15843
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10019
012 A00AA01 FORUM FINANCIAL CORP.
012 B00AA01 84-01612
012 C01AA01 PORTLAND
012 C02AA01 ME
012 C03AA01 04112
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 SCHRODER CAPITAL DISTRIBUTORS, INC.
014 B00AA01 8-A-40973
014 A00AA02 WERTHEIM, SCHRODER INC.
014 B00AA02 8-A-99999
018  00AA00 Y
<PAGE>      PAGE  2
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020 A000004 J.P. MORGAN SECURITIES
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020 A000010 MORGAN STANLEY SECURITIES
020 C000010     52
021  000000     1948
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022 A000004 ROBERT FLEMING & COMPANY
022 C000004      6443
022 D000004      1559
022 A000005 SBC WARBURG SECURITIES
022 C000005      4553
022 D000005      2358
022 A000006 BZW SECURITIES
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022 D000006       200
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022 C000008      1966
022 D000008      1572
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<PAGE>      PAGE  3
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
042 C000100   0
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050  000100 N
051  000100 N
052  000100 N
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055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
058 B000100 N
058 C000100 N
058 D000100 N
058 E000100 N
059  000100 Y
060 A000100 Y
<PAGE>      PAGE  7
060 B000100 Y
061  000100     2500
066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 Y
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
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<PAGE>      PAGE  8
071 C000100    210978
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<PAGE>      PAGE  9
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074 Y000100        0
075 A000100        0
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076  000100     0.00
015 A000201 CHASE MANHATTAN BANK N.A.
015 B000201 C
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025 D000201       0
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025 D000208       0
028 A010200     25251
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028 C010200     10000
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028 D010200     10000
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028 D030200         0
<PAGE>      PAGE  10
028 D040200        17
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028 F020200         0
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028 F040200       863
028 G010200     72729
028 G020200         0
028 G030200         0
028 G040200      1505
028 H000200         0
037  000200 N
038  000200      0
039  000200 N
040  000200 N
041  000200 N
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042 B000200   0
042 C000200   0
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
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044  000200      0
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047  000200 Y
048  000200  1.000
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048 C010200        0
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048 F020200 0.000
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<PAGE>      PAGE  11
048 J010200        0
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049  000200 N
050  000200 N
051  000200 N
052  000200 N
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055 B000200 N
056  000200 Y
057  000200 N
058 A000200 N
058 B000200 N
058 C000200 N
058 D000200 N
058 E000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
061  000200   250000
063 A000200   0
063 B000200  0.0
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066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
067  000200 N
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068 B000200 Y
069  000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
<PAGE>      PAGE  12
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
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070 M020200 N
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070 N020200 N
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070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
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072 X000200     1793
072 Y000200       64
072 Z000200      605
<PAGE>      PAGE  13
072AA000200        0
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074 A000200     4145
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015 A000301 CHASE MANHATTAN BANK N.A.
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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070 D020300 N
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<PAGE>      PAGE  16
070 E020300 N
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070 G020300 N
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
SIGNATURE   KEITH KEMP                                   
TITLE       REPORTING MANAGER   
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM US SMALLER
COMPANIES (PORTFOLIO) ANNUAL REPORT DATED OCTOBER 31, 1996 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<CIK> 0001003159
<NAME> SCHRODER CAPITAL FUNDS - CORE
<SERIES>
   <NUMBER> 003
   <NAME> US SMALLER COMPANIES - CORE
       
<S>                             <C>
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<PERIOD-END>                               OCT-31-1996
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<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM EMERGING
MARKETS FUND (PORTFOLIO) ANNUAL REPORT DATED OCTOBER 31, 1996 AND IS QUALIFIED
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<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
INTERNATIONAL EQUITY FUND (PORTFOLIO) ANNUAL REPORT DATED OCTOBER 31, 1996 AND
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</LEGEND>
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