<PAGE> PAGE 1
000 A000000 06/30/98
000 C000000 0001015658
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 AUGUSTA PARTNERS, L.P.
001 B000000 811-07641
001 C000000 2126677649
002 A000000 ONE WORLD FINANCIAL CENTER, 31ST FLOOR
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10281
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 AUGUSTA MANAGEMENT, LLC
008 B000001 A
008 C000001 801-52680
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10281
010 A000001 PFPC INC.
010 B000001 85-1196
010 C010001 WILMINGTON
010 C020001 DE
010 C030001 19809
010 A000002 CIBC OPPENHEIMER CORP.
010 B000002 8-10574
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10281
011 A000001 CIBC OPPENHEIMER CORP.
011 B000001 8-10574
011 C010001 NEW YORK
<PAGE> PAGE 2
011 C020001 NY
011 C030001 10281
012 A000001 PFPC, INC.
012 B000001 85-1196
012 C010001 WILMINGTON
012 C020001 DE
012 C030001 19809
013 A000001 ERNST & YOUNG, LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
014 A000001 CIBC OPPENHEIMER CORP.
014 B000001 8-10574
014 A000002 CIBC WOOD GUNDY SECURITIES INC.
014 B000002 8-00000
014 A000003 CIBC SECURITIES INC.
014 B000003 8-00000
014 A000004 CIBC INVESTOR SERVICES INC.
014 B000004 8-00000
014 A000005 CIBC WOOD GUNDY PLC
014 B000005 8-00000
014 A000006 CIBC WOOD GUNDY IRELAND LTD.
014 B000006 8-00000
014 A000007 CIBC (SUISSE) S.A.
014 B000007 8-00000
014 A000008 CIBC BANK & TRUST CO. (CHANNEL ISLANDS) LTD.
014 B000008 8-00000
014 A000009 CIBC - HONG KONG BRANCH
014 B000009 8-00000
014 A000010 CIBC WOOD GUNDY SECURITIES INC.-HONG KONG BRA
014 B000010 8-00000
014 A000011 CIBC WOOD GUNDY SECURITIES (JAPAN) LIMITED
014 B000011 8-00000
014 A000012 CIBC - TOKYO BRANCH
014 B000012 8-00000
014 A000013 CIBC - TAIWAN BRANCH
014 B000013 8-00000
014 A000014 CIBC ASIA LTD.
014 B000014 8-00000
014 A000015 CIBC - SINGAPORE BRANCH
014 B000015 8-00000
014 A000016 CIBC WOOD GUNDY AUSTRALIA PTY LTD.
014 B000016 8-00000
014 A000017 CIBC TRADING, DE CORP.
014 B000017 8-49953
015 A000001 MORGAN STANLEY TRUST COMPANY
015 B000001 C
015 C010001 JERSEY CITY
015 C020001 NJ
015 C030001 07302
015 E010001 X
<PAGE> PAGE 3
015 A000002 ROYAL BANK OF CANADA
015 B000002 S
015 C010002 TORONTO
015 D010002 CANADA
015 E040002 X
015 A000003 STANDARD CHARTER BANK
015 B000003 S
015 C010003 SEOUL
015 D010003 SOUTH KOREA
015 E040003 X
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 ROCHDALE SECURITIES
020 B000001 13-3360814
020 C000001 139
020 A000002 MONTGOMERY SECURITIES
020 B000002 94-1701676
020 C000002 137
020 A000003 GOLDMAN SACHS & CO.
020 B000003 13-5108880
020 C000003 121
020 A000004 MORGAN STANLEY & CO., INC.
020 B000004 13-2655998
020 C000004 97
020 A000005 ALEX BROWN & SONS, INC.
020 B000005 52-1319678
020 C000005 69
020 A000006 LEHMAN BROTHERS SECURITIES
020 B000006 13-2518466
020 C000006 61
020 A000007 J.P. MORGAN SECURITIES
020 B000007 13-3224016
020 C000007 58
020 A000008 SMITH BARNEY HARRIS UPHAM
020 B000008 13-1912900
020 C000008 53
020 A000009 MERRILL LYNCH
020 B000009 13-5674085
020 C000009 38
020 A000010 BEAR STEARNS & CO.
020 B000010 13-3299429
020 C000010 37
021 000000 1258
022 A000001 ALEX BROWN & SONS
022 B000001 52-1319768
022 C000001 37871
022 D000001 44629
022 A000002 MERRILL LYNCH
022 B000002 13-5674085
022 C000002 30738
<PAGE> PAGE 4
022 D000002 34722
022 A000003 MORGAN STANLEY & CO.
022 B000003 13-2655998
022 C000003 26593
022 D000003 17464
022 A000004 SMITH BARNEY HARRIS
022 B000004 13-1912900
022 C000004 28026
022 D000004 20645
022 A000005 DONALDSON, LUFKIN & JENRETTE
022 B000005 13-2741729
022 C000005 23593
022 D000005 20388
022 A000006 GOLDMAN SACHS & CO.
022 B000006 13-5108880
022 C000006 26658
022 D000006 12040
022 A000007 CS FIRST BOSTON CORPORATION
022 B000007 13-5659485
022 C000007 14474
022 D000007 9511
022 A000008 PIPER JAFFREY
022 B000008 41-0953246
022 C000008 9075
022 D000008 12941
022 A000009 ROBERTSON & STEPHENS
022 B000009 94-2524501
022 C000009 11920
022 D000009 9096
022 A000010 MONTGOMERY SECURITIES
022 B000010 94-1701676
022 C000010 11720
022 D000010 6405
023 C000000 298945
023 D000000 265596
024 000000 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
045 000000 Y
046 000000 N
047 000000 N
048 000000 0.000
048 A010000 0
<PAGE> PAGE 5
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 Y
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 150000
062 A000000 N
<PAGE> PAGE 6
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 Y
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 Y
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 Y
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 Y
070 G010000 Y
070 G020000 Y
070 H010000 Y
070 H020000 Y
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
<PAGE> PAGE 7
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 Y
070 P010000 Y
070 P020000 N
070 Q010000 Y
070 Q020000 Y
070 R010000 Y
070 R020000 Y
071 A000000 529269
071 B000000 529406
071 C000000 149511
071 D000000 354
072 A000000 6
072 B000000 659
072 C000000 383
072 D000000 0
072 E000000 0
072 F000000 0
072 G000000 804
072 H000000 0
072 I000000 21
072 J000000 34
072 K000000 0
072 L000000 0
072 M000000 11
072 N000000 6
072 O000000 0
072 P000000 219
072 Q000000 0
072 R000000 87
072 S000000 87
072 T000000 0
072 U000000 69
072 V000000 0
072 W000000 123
072 X000000 1461
072 Y000000 0
072 Z000000 -419
072AA000000 54707
072BB000000 35986
072CC010000 0
072CC020000 878
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
<PAGE> PAGE 8
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 1492
074 B000000 0
074 C000000 0
074 D000000 10671
074 E000000 5811
074 F000000 135960
074 G000000 2402
074 H000000 0
074 I000000 240
074 J000000 5124
074 K000000 0
074 L000000 15509
074 M000000 450
074 N000000 177659
074 O000000 4527
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 16828
074 R030000 551
074 R040000 360
074 S000000 0
074 T000000 155393
074 U010000 0
074 U020000 0
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 456
074 Y000000 8109
075 A000000 0
075 B000000 147799
076 000000 0.00
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
<PAGE> PAGE 9
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
086 A010000 0
086 A020000 9390
086 B010000 0
086 B020000 187
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
088 A000000 N
088 B000000 Y
088 C000000 Y
088 D000000 N
SIGNATURE MARY JANE MALONEY
TITLE MANAGER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
financial statement as of June 30, 1998.
</LEGEND>
<CIK> 0001015658
<NAME> AUGUSTA PARTNERS, L.P.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 138524110
<INVESTMENTS-AT-VALUE> 155082733
<RECEIVABLES> 20634916
<ASSETS-OTHER> 10079
<OTHER-ITEMS-ASSETS> 1931001
<TOTAL-ASSETS> 177658729
<PAYABLE-FOR-SECURITIES> 4527327
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17738009
<TOTAL-LIABILITIES> 22265336
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 90666143
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (1342524)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 50571215
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 15498559
<NET-ASSETS> 155393393
<DIVIDEND-INCOME> 382748
<INTEREST-INCOME> 658760
<OTHER-INCOME> 0
<EXPENSES-NET> 1460537
<NET-INVESTMENT-INCOME> (419029)
<REALIZED-GAINS-CURRENT> 18722191
<APPREC-INCREASE-CURRENT> (878780)
<NET-CHANGE-FROM-OPS> 17424382
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 26626920
<ACCUMULATED-NII-PRIOR> (923495)
<ACCUMULATED-GAINS-PRIOR> 31849024
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 218506
<GROSS-EXPENSE> 1460537
<AVERAGE-NET-ASSETS> 147798862
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 1.70
<AVG-DEBT-OUTSTANDING> 5558041
<AVG-DEBT-PER-SHARE> 0
</TABLE>