ENDOWMENTS INC
NSAR-A, 1996-03-28
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<PAGE>      PAGE  1
000 A000000 01/31/96
000 C000000 0000032859
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 J000000 A
001 A000000 ENDOWMENTS, INC.
001 B000000 811-1884
001 C000000 4154219360
002 A000000 FOUR EMBARCADERO CENTER
002 B000000 SAN FRANCISCO
002 C000000 CA
002 D010000 94111
002 D020000 4125
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<PAGE>      PAGE  2
007 C012900 29
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008 A000001 CAPITAL RESEARCH AND MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-8055
008 D010001 LOS ANGELES
008 D020001 CA
008 D030001 90071
008 D040001 1402
012 A000001 AMERICAN FUNDS SERVICE COMPANY
012 B000001 84-00316
012 C010001 BREA
012 C020001 CA
012 C030001 92622
012 C040001 2205
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 LOS ANGELES
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015 C020001 NY
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020 B000002 13-5659485
020 C000002      6
020 A000003 GOLDMAN, SACHS & CO.
020 B000003 13-5108880
020 C000003      2
020 A000004 PAINEWEBBER INC.
020 B000004 13-2638166
020 C000004      2
020 A000005 MORGAN (J.P.) SECURITIES INC.
020 B000005 13-3224016
020 C000005      1
020 A000006 BROWN (ALEX.) & SONS INC.
020 B000006 52-1319768
020 C000006      1
020 A000007 BERNSTEIN (SANFORD C.) & CO., INC.
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<PAGE>      PAGE  3
020 A000008 JEFFERIES & CO., INC.
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020 A000010 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
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022 A000001 ASSOCIATES CORP. OF NORTH AMERICA
022 B000001 74-1494554
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022 C000006      6219
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022 C000007      5408
022 D000007         0
022 A000008 FORD MOTOR CREDIT CO.
022 B000008 38-1612444
022 C000008      4046
022 D000008         0
022 A000009 MORGAN STANLEY & CO. INC.
022 B000009 13-2655998
022 C000009      3878
022 D000009        80
022 A000010 BANKERS TRUST CO.
022 B000010 13-4941247
022 C000010      3235
022 D000010         0
023 C000000     165219
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080 A000000 NATIONAL UNION FIRE INSURANCE COMPANY
080 B000000 CHUBB CUSTOM INSURANCE 2)ICI MUTUAL INSURANCE
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SIGNATURE   PATRICK F. QUAN                              
TITLE       SECRETARY           
 


ITEM 77 C


The Annual Meeting of Shareholders was held November 16, 1995.  The
proxy item which proposed a reduction in the amount of authorized
capital stock received 2,720,093 shares for, 0 shares against and
72,877 abstentions.

<TABLE> <S> <C>

<ARTICLE> 6
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1996
<PERIOD-START>                             AUG-01-1995
<PERIOD-END>                               JAN-31-1996
<INVESTMENTS-AT-COST>                           48,397
<INVESTMENTS-AT-VALUE>                          60,159
<RECEIVABLES>                                       73
<ASSETS-OTHER>                                      84
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  60,316
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           38
<TOTAL-LIABILITIES>                                 38
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        43,888
<SHARES-COMMON-STOCK>                        3,258,721
<SHARES-COMMON-PRIOR>                        3,142,057
<ACCUMULATED-NII-CURRENT>                          190
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          1,179
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        11,761
<NET-ASSETS>                                    60,278
<DIVIDEND-INCOME>                                  820
<INTEREST-INCOME>                                  364
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     221
<NET-INVESTMENT-INCOME>                            963
<REALIZED-GAINS-CURRENT>                         2,756
<APPREC-INCREASE-CURRENT>                        2,401
<NET-CHANGE-FROM-OPS>                            6,120
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        1,034
<DISTRIBUTIONS-OF-GAINS>                         3,711
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        160,023
<NUMBER-OF-SHARES-REDEEMED>                    287,551
<SHARES-REINVESTED>                            244,192
<NET-CHANGE-IN-ASSETS>                           3,543
<ACCUMULATED-NII-PRIOR>                            261
<ACCUMULATED-GAINS-PRIOR>                        2,134
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              148
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    225
<AVERAGE-NET-ASSETS>                            58,832
<PER-SHARE-NAV-BEGIN>                            18.06
<PER-SHARE-NII>                                    .30
<PER-SHARE-GAIN-APPREC>                           1.62
<PER-SHARE-DIVIDEND>                               .33
<PER-SHARE-DISTRIBUTIONS>                         1.15
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.50
<EXPENSE-RATIO>                                   .004
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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