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This is filed pursuant to Rule 497(e).
ALLIANCE CAPITAL (logo) THE ALLIANCE STOCK FUNDS
- Alliance International
Fund
___________________________________________________________
Supplement dated August 31, 1998 to the Prospectus dated
February 2, 1998 of The Alliance Stock Funds
The following information supersedes certain information in
the current prospectus in the table under the heading
"Management of the Funds - Adviser".
International Fund - the person principally responsible for
the day-to-day management of the Fund is Bruce W. Calvert.
Mr. Calvert is Vice Chairman and Chief Investment Officer of
ACMC, with which he has been associated since prior to 1993.
YOU SHOULD RETAIN THIS SUPPLEMENT WITH
YOUR PROSPECTUS FOR FUTURE REFERENCE.
(R) This registered service mark used under licence from the
owner, Alliance Capital Management L.P.
00250086.AT2
