SAMCO FUND INC
N-8A, 1997-08-04
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                       SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

                                   FORM N-8A

NOTIFICATION OF REGISTRATION FILED PURSUANT TO SECTION 8 (a) OF THE 
INVESTMENT COMPANY ACT OF 1940


	The undersigned investment company hereby notifies the Securities 
and Exchange Commission that it registers pursuant to the provisions of 
Section 8 (a) of the Investment Company Act of 1940 and in connection 
with such notification of registration submits the following 
information:

Name:		SAMCO Fund, Inc.
Address of Principal Business Office (No. & Street, City, State, Zip 
Code): 600 Fifth Avenue, 26th Floor, New York, NY 10020
Telephone Number (including area code): 212-332-5211
Name and address of agent for service of process:  	William E. Vastardis
                                             							600 Fifth Avenue, 26th Floor
                                             							New York, NY 10020
Check Appropriate Box:
	Registrant is filing a Registration Statement pursuant to Section 
8 (b) of the Investment Company Act of 1940 concurrently with the filing 
of Form N-8A: YES [X] NO [  ].

SIGNATURE

	Pursuant to the requirements of the Investment Company Act of 
1940, the registrant has caused this notification of registration to be 
duly signed on its behalf in the City of New York and the State of New 
York on the 4th day of August, 1997.

					SAMCO Fund, Inc.

					By:  /s/ Christina Seix
					Name: Christina Seix
					Title: Director and President (Principal 
            Executive, Financial and Accounting 
            Officer)

Attest:		/s/ Eric P. Nachimovsky
		Eric P. Nachimovsky



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