<PAGE> PAGE 1
000 A000000 05/31/97
000 C000000 0000103361
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 VESTAUR SECURITIES, INC.
001 B000000 811-2320
001 C000000 2155673969
002 A000000 P.O. BOX 7558
002 B000000 PHILADELPHIA
002 C000000 PA
002 D010000 19101
002 D020000 7558
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 CORESTATES INVESTMENT ADVISERS, INC.
008 B000001 A
008 C000001 801-16024
008 D010001 PHILADELPHIA
008 D020001 PA
008 D030001 19101
008 D040001 7618
012 A000001 FIRST CHICAGO TRUST COMPANY OF NEW YORK
012 B000001 85-5287
012 C010001 JERSEY CITY
012 C020001 NJ
012 C030001 07303
012 C040001 2500
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 PHILADELPHIA
013 B020001 PA
013 B030001 19103
013 B040001 3984
<PAGE> PAGE 2
015 A000001 CORESTATES BANK, N.A.
015 B000001 C
015 C010001 PHILADELPHIA
015 C020001 PA
015 C030001 19101
015 C040001 7558
015 E010001 X
018 000000 Y
019 A000000 N
019 B000000 0
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 DEAN WITTER
022 B000001 94-1671384
022 C000001 828
022 D000001 3742
022 A000002 SMITH BARNEY
022 B000002 13-1912900
022 C000002 3745
022 D000002 7271
022 A000003 MERRILL LYNCH
022 B000003 13-2761776
022 C000003 2565
022 D000003 1503
022 A000004 SALOMON BROTHERS
022 B000004 13-3082694
022 C000004 3546
022 D000004 0
022 A000005 GOLDMAN SACHS
022 B000005 13-5108880
022 C000005 6372
022 D000005 937
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 A000008 GENERAL ELECTRIC
022 C000008 5741
022 D000008 0
022 A000009 AMERICAN EXPRESS
022 C000009 29947
022 D000009 259
<PAGE> PAGE 3
022 C000010 0
022 D000010 0
023 C000000 52744
023 D000000 13712
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
027 000000 N
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
035 000000 0
<PAGE> PAGE 4
036 B000000 0
038 000000 0
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 N
048 000000 0.000
048 A010000 0
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 Y
051 000000 N
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
<PAGE> PAGE 5
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 0
062 A000000 Y
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 0.6
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 14.3
062 O000000 0.0
062 P000000 79.7
062 Q000000 3.4
062 R000000 0.0
063 A000000 0
063 B000000 13.4
064 A000000 N
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 N
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
<PAGE> PAGE 6
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 16545
071 B000000 17444
071 C000000 93731
071 D000000 18
072 A000000 6
072 B000000 4035
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 339
072 G000000 0
072 H000000 0
072 I000000 0
072 J000000 12
072 K000000 0
072 L000000 15
072 M000000 29
072 N000000 0
072 O000000 11
072 P000000 0
072 Q000000 0
072 R000000 28
072 S000000 13
072 T000000 0
<PAGE> PAGE 7
072 U000000 0
072 V000000 0
072 W000000 19
072 X000000 466
072 Y000000 0
072 Z000000 3569
072AA000000 261
072BB000000 0
072CC010000 0
072CC020000 2463
072DD010000 3612
072DD020000 0
072EE000000 0
073 A010000 0.5430
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 8
074 B000000 0
074 C000000 584
074 D000000 93108
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 2023
074 M000000 9
074 N000000 95732
074 O000000 0
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 69
074 S000000 0
074 T000000 95663
074 U010000 6652
074 U020000 0
074 V010000 14.38
074 V020000 0.00
074 W000000 0.0000
074 X000000 4630
074 Y000000 0
075 A000000 0
075 B000000 95632
076 000000 13.50
077 A000000 N
<PAGE> PAGE 8
078 000000 N
080 A000000 RELIANCE INSURANCE COMPANY
080 C000000 525
081 A000000 N
081 B000000 0
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 N
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
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 N
088 C000000 N
088 D000000 N
SIGNATURE ROBERT J. DIDOMENICO
TITLE TREASURER