<PAGE> PAGE 1
000 A000000 09/30/95
000 C000000 0000017271
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 CAPITAL PRESERVATION FUND, INC.
001 B000000 811-2247
001 C000000 4159658300
002 A000000 1665 CHARLESTON ROAD
002 B000000 MOUNTAIN VIEW
002 C000000 CA
002 D010000 94043
002 D020000 1211
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
018 000000 Y
019 A000000 Y
019 B000000 41
019 C000000 BNHMMGTGRP
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 HONG KONG SHANGHAI BANKING CORP.
022 B000001 132650272
022 C000001 9924705
<PAGE> PAGE 2
022 D000001 117773
022 A000002 LEHMAN BROS.
022 B000002 132518466
022 C000002 1130089
022 D000002 498588
022 A000003 DILLON REED & CO.
022 B000003 131939216
022 C000003 906042
022 D000003 148136
022 A000004 EASTBRIDGE
022 B000004 133501117
022 C000004 801458
022 D000004 197923
022 A000005 SALOMON BROTHERS
022 B000005 133082694
022 C000005 607981
022 D000005 197829
022 A000006 DEUTSCHEBANK
022 C000006 492796
022 D000006 0
022 A000007 FIRST BOSTON BANK
022 B000007 135659485
022 C000007 421863
022 D000007 90842
022 A000008 SANWA-BGK SECURITIES
022 B000008 133046258
022 C000008 411120
022 D000008 118950
022 A000009 BA SECURITIES
022 B000009 954035346
022 C000009 373568
022 D000009 85871
022 A000010 DAIWA SECURITIES
022 B000010 135680329
022 C000010 357175
022 D000010 0
023 C000000 17710915
023 D000000 2032043
027 000000 Y
028 A010000 237007
028 A020000 11382
028 A030000 0
028 A040000 250472
028 B010000 236851
028 B020000 13351
028 B030000 0
028 B040000 207416
028 C010000 234358
028 C020000 12307
028 C030000 0
028 C040000 239406
<PAGE> PAGE 3
028 D010000 220993
028 D020000 12465
028 D030000 0
028 D040000 190831
028 E010000 228498
028 E020000 12546
028 E030000 0
028 E040000 216945
028 F010000 223538
028 F020000 11688
028 F030000 0
028 F040000 248500
028 G010000 1381245
028 G020000 73739
028 G030000 0
028 G040000 1353570
028 H000000 0
062 A000000 Y
062 B000000 100.0
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 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 56
063 B000000 0.0
066 A000000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 6
072 B000000 84643
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 3970
072 G000000 0
072 H000000 0
072 I000000 2710
<PAGE> PAGE 4
072 J000000 55
072 K000000 168
072 L000000 76
072 M000000 32
072 N000000 34
072 O000000 0
072 P000000 0
072 Q000000 8
072 R000000 14
072 S000000 0
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 171
072 X000000 7238
072 Y000000 0
072 Z000000 77405
072AA000000 0
072BB000000 0
072CC010000 0
072CC020000 0
072DD010000 77405
072DD020000 0
072EE000000 0
073 A010000 0.0263
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 5437
074 B000000 0
074 C000000 2961660
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 348987
074 K000000 21247
074 L000000 7366
074 M000000 82
074 N000000 3344779
074 O000000 349034
074 P000000 9690
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1291
074 S000000 0
074 T000000 2984764
<PAGE> PAGE 5
074 U010000 2984764
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 1.0000
074 X000000 103174
074 Y000000 0
075 A000000 2942859
075 B000000 0
076 000000 0.00
077 A000000 Y
077 B000000 N
077 C000000 Y
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 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL
080 B000000 NOT APPLICABLE
080 C000000 25000
081 A000000 Y
081 B000000 34
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
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
<PAGE> PAGE 6
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE ANN MCCOID
TITLE CONTROLLER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000017271
<NAME> CAPITAL PRESERVATION FUND INC
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 2961660384
<INVESTMENTS-AT-VALUE> 2961660384
<RECEIVABLES> 377600685
<ASSETS-OTHER> 5518374
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3344779443
<PAYABLE-FOR-SECURITIES> 349034333
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10980860
<TOTAL-LIABILITIES> 360015193
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 2984764250
<SHARES-COMMON-PRIOR> 2883350135
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2984764250
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 84643194
<OTHER-INCOME> 0
<EXPENSES-NET> 7238541
<NET-INVESTMENT-INCOME> 77404653
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 77404653
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1381245350
<NUMBER-OF-SHARES-REDEEMED> 1353569929
<SHARES-REINVESTED> 73738694
<NET-CHANGE-IN-ASSETS> 101414115
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3970135
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7392481
<AVERAGE-NET-ASSETS> 2942858625
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .026
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .026
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .49
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>