LASALLE REAL ESTATE SECURITIES FUND INC
NSAR-B, 1999-03-01
Previous: LAKE SHORE FAMILY OF FUNDS, NSAR-B, 1999-03-01
Next: LASALLE REAL ESTATE SECURITIES FUND INC, N-30D, 1999-03-01



<PAGE>      PAGE  1
000 B000000 12/31/98
000 C000000 0001046420
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 LASALLE PARTNERS FUNDS, INC.
001 B000000 811-08373
001 C000000 3127825800
002 A000000 100 PRATT STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21201
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C020100 LASALLE PARTNERS U.S. REAL ESTATE FUND
007 C030100 N
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
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 C000001         0
022 D000001         0
022 C000002         0
022 D000002         0
022 C000003         0
022 D000003         0
<PAGE>      PAGE  2
022 C000004         0
022 D000004         0
022 C000005         0
022 D000005         0
022 C000006         0
022 D000006         0
022 C000007         0
022 D000007         0
022 C000008         0
022 D000008         0
022 C000009         0
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000          0
023 D000000          0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
077 A000000 Y
077 B000000 Y
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 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078  000000 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
<PAGE>      PAGE  3
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
008 A000101 LASALLE PARTNERS REAL ESTATE SECURITIES
008 B000101 A
008 C000101 801-000000
008 D010101 BALTIMORE
008 D020101 MD
008 D030101 21202
010 A000101 PFPC, INC.
010 B000101 85-0000000
010 C010101 WILMINGTON
010 C020101 DE
010 C030101 19809
011 A000101 FUNDS DISTRIBUTOR, INC.
011 B000101 8-00000000
011 C010101 BOSTON
011 C020101 MA
011 C030101 02109
012 A000101 PFPC, INC.
012 B000101 85-0000000
012 C010101 WILMINGTON
012 C020101 DE
012 C030101 19809
013 A000101 PRICEWATERHOUSECOOPERS LLP
013 B010101 PHILADELPHIA
013 B020101 PA
013 B030101 19103
015 A000101 PFPC TRUST CO.
015 B000101 C
015 C010101 WILMINGTON
015 C020101 DE
015 C030101 19809
015 E010101 X
018  000100 Y
019 A000100 Y
019 B000100    1
019 C000100 LASALLEPRT
024  000100 N
025 D000101       0
025 D000102       0
025 D000103       0
025 D000104       0
025 D000105       0
025 D000106       0
025 D000107       0
025 D000108       0
<PAGE>      PAGE  4
028 A010100        21
028 A020100         1
028 A030100         0
028 A040100       -21
028 B010100         0
028 B020100         0
028 B030100         0
028 B040100         0
028 C010100        25
028 C020100         0
028 C030100         0
028 C040100         0
028 D010100         0
028 D020100         0
028 D030100         0
028 D040100         0
028 E010100        10
028 E020100         2
028 E030100         0
028 E040100         0
028 F010100         0
028 F020100         0
028 F030100         0
028 F040100         0
028 G010100        56
028 G020100         4
028 G030100         0
028 G040100       -21
028 H000100         0
029  000100 N
030 A000100      0
030 B000100  0.00
030 C000100  0.00
031 A000100      0
031 B000100      0
032  000100      0
033  000100      0
034  000100 N
035  000100      0
036 B000100      0
037  000100 N
038  000100      0
039  000100 N
040  000100 Y
041  000100 N
042 A000100   0
042 B000100   0
042 C000100   0
042 D000100   0
042 E000100   0
042 F000100   0
<PAGE>      PAGE  5
042 G000100   0
042 H000100   0
043  000100      0
044  000100      0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  1.250
048 A010100        0
048 A020100 0.000
048 B010100        0
048 B020100 0.000
048 C010100        0
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
054 A000100 Y
054 B000100 Y
054 C000100 N
054 D000100 N
054 E000100 N
054 F000100 N
054 G000100 Y
054 H000100 Y
054 I000100 N
054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 N
054 N000100 N
<PAGE>      PAGE  6
054 O000100 N
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100    10000
062 A000100 N
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 Y
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
<PAGE>      PAGE  7
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100  9
072 B000100        0
072 C000100        0
072 D000100        0
072 E000100        6
072 F000100        0
072 G000100       27
072 H000100        0
072 I000100       45
072 J000100        0
072 K000100        0
072 L000100        7
072 M000100       18
072 N000100       33
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100        5
072 S000100       23
072 T000100        0
072 U000100       16
072 V000100        0
072 W000100       27
<PAGE>      PAGE  8
072 X000100      201
072 Y000100      201
072 Z000100        6
072AA000100        0
072BB000100        4
072CC010100        0
072CC020100       42
072DD010100        0
072DD020100        0
072EE000100        0
073 A010100   0.0000
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100        0
074 C000100        0
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100      104
074 J000100        0
074 K000100        0
074 L000100        0
074 M000100      115
074 N000100      219
074 O000100        0
074 P000100        0
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100       20
074 S000100        0
074 T000100      199
074 U010100       20
074 U020100        6
074 V010100     7.76
074 V020100     7.77
074 W000100   0.0000
074 X000100       27
074 Y000100        0
075 A000100        0
075 B000100      174
076  000100     0.00
080 A000100 GULF INSURANCE
080 C000100      550
081 A000100 Y
081 B000100   1
<PAGE>      PAGE  9
082 A000100 N
082 B000100        0
083 A000100 N
083 B000100        0
084 A000100 N
084 B000100        0
085 A000100 N
085 B000100 N
SIGNATURE   MARY JANE MALONEY                            
TITLE       MANAGER             
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001046420
<NAME> LASALLE PARTNERS FUNDS, INC.
<SERIES>
   <NUMBER> 011
   <NAME> LASALLE PARTNERS U.S. REAL ESTATE FUND-INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             MAR-30-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           145306
<INVESTMENTS-AT-VALUE>                          103935
<RECEIVABLES>                                     4175
<ASSETS-OTHER>                                  110921
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  219031
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        20397
<TOTAL-LIABILITIES>                              20397
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        187599
<SHARES-COMMON-STOCK>                            19817
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         5821
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (3529)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (41857)
<NET-ASSETS>                                    198634
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                    5820
<EXPENSES-NET>                                     (8)
<NET-INVESTMENT-INCOME>                           5812
<REALIZED-GAINS-CURRENT>                        (3529)
<APPREC-INCREASE-CURRENT>                      (41857)
<NET-CHANGE-FROM-OPS>                          (39574)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (4599)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          11576
<NUMBER-OF-SHARES-REDEEMED>                       2223
<SHARES-REINVESTED>                                563
<NET-CHANGE-IN-ASSETS>                          198634
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 201026
<AVERAGE-NET-ASSETS>                            174564
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                         (2.24)
<PER-SHARE-DIVIDEND>                             (.24)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                             (.02)
<PER-SHARE-NAV-END>                               7.76
<EXPENSE-RATIO>                                   1.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>



                        EXHIBIT INDEX

Exhibit A:  Attachment to item 77B:
            Accountant's report on internal control.

- --------------------------------------------------------------

Exhibit A:

REPORT OF INDEPENDENT ACCOUNTANTS

To the Board of Directors of 
  LaSalle Partners Funds, Inc.

In planning and performing our audit of the financial 
statements and financial highlights of the LaSalle Partners 
Funds, Inc. (the "Company") for the period ended December 
31, 1998, we considered its internal control, including 
control activities safeguarding securities, in order to 
determine our auditing procedures for the purpose of 
expressing our opinion on the financial statements and 
financial highlights and to comply with the requirements of 
Form N-SAR, not to provide assurance on internal control.

The management of the Company is responsible for 
establishing and maintaining internal control.  In 
fulfilling this responsibility, estimates and judgments by 
management are required to assess the expected benefits and 
related costs of controls.  Generally, controls that are 
relevant to an audit pertain to the entity's objective of 
preparing financial statements and financial highlights for 
external purposes that are fairly presented in conformity 
with generally accepted accounting principles.  Those 
controls include the safeguarding of assets against 
unauthorized acquisition, use or disposition.

Because of inherent limitations in internal controls, 
errors or fraud may occur and not be detected.  Also, 
projection of any evaluation of internal control to future 
periods is subject to the risk that it may become 
inadequate because of changes in conditions or that the 
effectiveness of the design and operation may deteriorate.

Our consideration of internal control would not necessarily 
disclose all matters in internal control that might be 
material weaknesses under standards established by the 
American Institute of Certified Public Accountants.  A 
material weakness is a condition in which the design or 
operation of one or more of the internal control components 
does not reduce to a relatively low level the risk that 
misstatements caused by errors or fraud in amounts that 
would be material in relation to the financial statements 
and financial highlights being audited may occur and not be 
detected within a timely period by employees in the normal 
course of performing their assigned functions.  However, we 
noted no matters involving internal control and its 
operation, including controls over safeguarding securities, 
that we consider to be material weaknesses as defined above 
as of December 31, 1998.

This report is intended solely for the information and use 
of management, the Board of Directors and the Securities 
and Exchange Commission. 

PricewaterhouseCoopers LLP
February 12, 1999


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001046420
<NAME> LASALLE PARTNERS FUNDS, INC.
<SERIES>
   <NUMBER> 012
   <NAME> LASALLE PARTNERS U.S. REAL ESTATE FUND-RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             MAR-30-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                           145306
<INVESTMENTS-AT-VALUE>                          103935
<RECEIVABLES>                                     4175
<ASSETS-OTHER>                                  110921
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  219031
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        20397
<TOTAL-LIABILITIES>                              20397
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         56472
<SHARES-COMMON-STOCK>                             5769
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         5821
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (3529)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (41857)
<NET-ASSETS>                                    198634
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                    5820
<EXPENSES-NET>                                     (8)
<NET-INVESTMENT-INCOME>                           5812
<REALIZED-GAINS-CURRENT>                        (3529)
<APPREC-INCREASE-CURRENT>                      (41857)
<NET-CHANGE-FROM-OPS>                          (39574)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1264)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           5613
<NUMBER-OF-SHARES-REDEEMED>                          1
<SHARES-REINVESTED>                                 57
<NET-CHANGE-IN-ASSETS>                          198634
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 201026
<AVERAGE-NET-ASSETS>                            174564
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .22
<PER-SHARE-GAIN-APPREC>                         (2.23)
<PER-SHARE-DIVIDEND>                             (.20)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                             (.02)
<PER-SHARE-NAV-END>                               7.77
<EXPENSE-RATIO>                                   1.45
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission