HARDING LOEVNER FUNDS INC
N-18F1, 1996-10-30
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                                 FORM N-18F-1


                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

            NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER THE 
                        INVESTMENT COMPANY ACT OF 1940


	


                          HARDING, LOEVNER FUNDS, INC.





                            NOTIFICATION OF ELECTION

The undersigned registered open-end investment company hereby notifies the 
Securities and Exchange Commission that it elects to commit itself to pay in 
cash all redemptions by a shareholder of record as provided by Rule 18f-1 under 
the Investment Company Act of 1940.  It is understood that this election is 
irrevocable while such Rule is in effect unless the Commission by order upon 
application permits the withdrawal of this Notification of Election.

                                   SIGNATURE

Pursuant to the requirements of Rule 18f-1 under the Investment Company Act of 
1940, the registrant has caused this notification of election to be duly 
executed on its behalf in the city of New York, and the state of New York on 
the 30th day of October 1996.

                                           							Harding, Loevner Funds, Inc.

                                             					By:		/s/William E. Vastardis
                                                   							William E. Vastardis
                                                							Secretary and Treasurer

Attest:		/s/ Carla E. Dearing
           		Carla E. Dearing
       		Assistant Secretary





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