PRICE T ROWE TAX EFFICIENT BALANCED FUND INC
NSAR-A, 1997-10-31
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SIGNATURE   JAMES RIEPE                                  
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<NAME> T.ROWE PRICE TAX-EFFICIENT BALANCED FUND, INC.
       
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