<PAGE> PAGE 1
000 A000000 02/28/94
000 C000000 350900
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 2.2.a
000 J000000 A
001 A000000 TEMPLETON SMALLER COMPANIES GROWTH FUND, INC.
001 B000000 811-3143
001 C000000 3055277591
002 A000000 500 EAST BROWARD BLVD, SUITE 2100
002 B000000 FT. LAUDERDALE
002 C000000 FL
002 D010000 33394
002 D020000 3091
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
008 A000001 TEMPLETON INVESTMENT COUNSEL,INC.
008 B000001 A
008 C000001 801-15125
008 D010001 FORT LAUDERDALE
008 D020001 FL
008 D030001 33394
008 D040001 3091
010 A000001 TEMPLETON GLOBAL INVESTORS, INC.
010 C010001 FORT LAUDERDALE
010 C020001 FL
010 C030001 33394
010 C040001 3091
011 A000001 FRANKLIN/TEMPLETON DISTRIBUTORS, INC
011 B000001 8-5889
011 C010001 SAN MATEO
011 C020001 CA
011 C030001 94404
011 C040001 1585
<PAGE> PAGE 2
012 A000001 FRANKLIN/TEMPLETON INVESTMENT SERVICES INC.
012 B000001 84-00000
012 C010001 ST. PETERSBURG
012 C020001 FL
012 C030001 33701
012 C040001 3628
013 A000001 MC GLADREY & PULLEN
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
015 A000001 THE CHASE MANHATTAN BANK N.A.
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10081
015 E010001 X
015 A000002 CHASE MANHATTAN BANK, N.A.
015 B000002 S
015 C010002 BUENOS AIRES
015 D010002 ARGENTINA
015 E040002 X
015 A000003 THE CHASE MANHATTAN BANK AUSTRALIA LIMITED
015 B000003 S
015 C010003 SYDNEY
015 D010003 AUSTRALIA
015 D020003 2000
015 E040003 X
015 A000004 CREDITANSTALT - BANKVEREIN
015 B000004 S
015 C010004 VIENNA
015 D010004 AUSTRIA
015 D020004 A-1011
015 E040004 X
015 A000005 GENERALE BANK
015 B000005 S
015 C010005 BRUSSELS
015 D010005 BELGIUM
015 D020005 1000
015 E040005 X
015 A000006 BANCO CHASE MANHATTAN S.A.
015 B000006 S
015 C010006 SAO PAULO
015 D010006 BRAZIL
015 D020006 SP 04719-002
015 E040006 X
015 A000007 THE ROYAL BANK OF CANADA
015 B000007 S
015 C010007 TORONTO
015 D010007 CANADA
015 D020007 M5J-2J5
015 E040007 X
<PAGE> PAGE 3
015 A000008 CANADA TRUST
015 B000008 S
015 C010008 TORONTO
015 D010008 CANADA
015 D020008 M5J 2T2
015 E040008 X
015 A000009 DELETE
015 A000010 DEN DANSKE BANK
015 B000010 S
015 C010010 COPENHAGEN
015 D010010 DENMARK
015 E040010 X
015 A000011 DELETE
015 A000012 THE CHASE MANHATTAN BANK, N.A.
015 B000012 S
015 C010012 LONDON
015 D010012 UNITED KINGDOM
015 D020012 EC2P 2HD
015 E040012 X
015 A000013 KANSALLIS-OSAKE-PANKKI
015 B000013 S
015 C010013 HELSINKI
015 D010013 FINLAND
015 E040013 X
015 A000014 BANQUE PARIBAS
015 B000014 S
015 C010014 PARIS
015 D010014 FRANCE
015 D020014 75078
015 E040014 X
015 A000015 CHASE BANK, A.G.
015 B000015 S
015 C010015 FRANKFURT
015 D010015 GERMANY
015 E040015 X
015 A000016 NATIONAL BANK OF GREECE, S.A.
015 B000016 S
015 C010016 ATHENS
015 D010016 GREECE
015 E040016 X
015 A000017 CHASE MANHATTAN BANK, N.A.
015 B000017 S
015 C010017 CENTRAL
015 D010017 HONG KONG
015 E040017 X
015 A000018 HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000018 S
015 C010018 JAKARTA
015 D010018 INDONESIA
015 D020018 10350
015 E040018 X
<PAGE> PAGE 4
015 A000019 BANK OF IRELAND
015 B000019 S
015 C010019 DUBLIN
015 D010019 IRELAND
015 D020019 1
015 E040019 X
015 A000020 CHASE MANHATTAN BANK, N.A.
015 B000020 S
015 C010020 MILAN
015 D010020 ITALY
015 D020020 20121
015 E040020 X
015 A000021 CHASE MANHATTAN BANK, N.A.
015 B000021 S
015 C010021 TOKYO
015 D010021 JAPAN
015 D020021 100
015 E040021 X
015 A000022 DELETE
015 A000023 DELETE
015 A000024 CHASE MANHATTAN BANK, N.A.
015 B000024 S
015 C010024 KUALA LUMPUR
015 D010024 MALAYSIA
015 D020024 50250
015 E040024 X
015 A000025 DELETE
015 A000026 ABN-AMRO N.V.
015 B000026 S
015 C010026 DE BREDA
015 D010026 NETHERLANDS
015 D020026 4800
015 E040026 X
015 A000027 NATIONAL NOMINEES LIMITED
015 B000027 S
015 C010027 AUCKLAND
015 D010027 NEW ZEALAND
015 E040027 X
015 A000028 DEN NORSKE BANK
015 B000028 S
015 C010028 OSLO
015 D010028 NORWAY
015 D020028 1
015 E040028 X
015 A000029 HONG KONG & SHANGHAI BANKING CORP LTD
015 B000029 S
015 C010029 MANILA
015 D010029 PHILIPPINES
015 E040029 X
015 A000030 BANCO ESPIRITO SANTO E COMMERCIAL DE LISBOA
015 B000030 S
<PAGE> PAGE 5
015 C010030 LISBON
015 D010030 PORTUGAL
015 D020030 P-1200
015 E040030 X
015 A000031 CHASE MANHATTAN BANK, N.A.
015 B000031 S
015 C010031 SINGAPORE
015 D010031 SINGAPORE
015 D020031 0104
015 E040031 X
015 A000032 CHASE MANHATTAN BANK N.A.
015 B000032 S
015 C010032 MADRID
015 D010032 SPAIN
015 D020032 28042
015 E040032 X
015 A000033 HONG KONG & SHANGHAI BANKING CORP. LTD.
015 B000033 S
015 C010033 COLOMBO
015 D010033 SRI LANKA
015 D020033 1
015 E040033 X
015 A000034 SKANDINAVISKA ENSKILDA BANKEN
015 B000034 S
015 C010034 STOCKHOLM
015 D010034 SWEDEN
015 D020034 S-106 40
015 E040034 X
015 A000035 UNION BANK OF SWITZERLAND
015 B000035 S
015 C010035 ZURICH
015 D010035 SWITZERLAND
015 D020035 8021
015 E040035 X
015 A000036 CHASE MANHATTAN BANK, N.A.
015 B000036 S
015 C010036 BANGKOK
015 D010036 THAILAND
015 D020036 10500
015 E040036 X
015 A000037 STANDARD CHARTERED BANK
015 B000037 S
015 C010037 DHAKA
015 D010037 BANGLADESH
015 E040037 X
015 A000038 CITIBANK, N.A.
015 B000038 S
015 C010038 CARACAS
015 D010038 VENEZUELA
015 D020038 1010
015 E040038 X
<PAGE> PAGE 6
015 A000039 CHASE MANHATTAN BANK, N.A.
015 B000039 S
015 C010039 ISTANBUL
015 D010039 TURKEY
015 E040039 X
015 A000040 BANK LEUMI LE-ISREAL B. M.
015 B000040 S
015 C010040 TEL AVIV
015 D010040 ISREAL
015 E040040 X
015 A000041 HONG KONG AND SHANGHAI BANKING CORP LTD
015 B000041 S
015 C010041 SEOUL
015 D010041 SOUTH KOREA
015 E040041 X
015 A000042 THE HONGKONG AND SHANGHAI BANKING CORP LTD
015 B000042 S
015 C010042 SHANGHAI
015 D010042 SHANGHAI
015 E040042 X
015 A000043 THE HONGKONG AND SHANGHAI BANKING CORP LTD
015 B000043 S
015 C010043 SHENZHEN
015 D010043 SHENZHEN
015 E040043 X
015 A000044 THE FIRST NATIONAL BANK OF BOSTON
015 B000044 S
015 C010044 MONTEVIDEO
015 D010044 URUGUAY
015 E040044 X
015 A000045 DELETE
015 A000046 DELETE
015 A000047 DELETE
015 A000048 THE CHASE MANHATTAN BANK N.A.
015 B000048 S
015 C010048 MEXICO CITY
015 D010048 MEXICO
015 D020048 06660
015 E040048 X
015 A000049 CITIBANK, N.A.
015 B000049 S
015 C010049 LIMA
015 D010049 PERU
015 D020049 27
015 E040049 X
015 A000050 DELETE
015 A000051 DELETE
015 A000052 DELETE
015 A000053 CEDEL S.A.
015 B000053 S
015 C010053 LUXEMBOURG
<PAGE> PAGE 7
015 D010053 LUXEMBOURG
015 E040053 X
015 A000054 FIRST CHICAGO CLEARING CENTRE
015 B000054 S
015 C010054 LONDON
015 D010054 UNITED KINGDOM
015 D020054 EC3A 1AA
015 E040054 X
015 A000055 RESERVE BANK
015 B000055 S
015 C010055 VIENNA
015 D010055 AUSTRIA
015 E040055 X
015 A000056 DELETE
015 A000057 STANDARD BANK OF SOUTH AFRICA
015 B000057 S
015 C010057 JOHANNESBURG
015 D010057 SOUTH AFRICA
015 E040057 X
018 000000 Y
019 A000000 Y
019 B000000 32
019 C000000 TEMPLETONX
020 A000001 GOLDMAN, SACHS & CO.
020 B000001 13-5108880
020 C000001 268
020 A000002 BARCLAYS DE ZOETE WEDD
020 B000002 13-3410233
020 C000002 250
020 A000003 SMITH BARNEY, HARRIS, UPHAM & CO INC
020 B000003 13-1912900
020 C000003 86
020 A000004 ALEX BROWN & SONS INC.
020 B000004 52-1319768
020 C000004 70
020 A000005 SMITH NEW COURT, CARL MARKS INC.
020 B000005 13-3169769
020 C000005 57
020 A000006 LAZARD FRERES
020 B000006 13-5545100
020 C000006 55
020 A000007 ROBINSON HUMPHREY CORPORATION
020 B000007 58-1472560
020 C000007 50
020 A000008 FIRST BOSTON CORPORATION
020 B000008 13-5659485
020 C000008 49
020 A000009 DONALDSON, LUFKIN
020 B000009 13-2741729
020 C000009 44
020 A000010 S. G. WARBURG & CO. INC.
<PAGE> PAGE 8
020 B000010 13-3340045
020 C000010 42
021 000000 1755
022 A000001 CHASE MANHATTAN BANK, N.A.
022 B000001 13-2633612
022 C000001 406403
022 D000001 154682
022 A000002 SMITH BARNEY, HARRIS, UPHAM & CO. INC.
022 B000002 13-1912900
022 C000002 4392
022 D000002 6217
022 A000003 MONTGOMERY SECURITIES
022 B000003 94-1701676
022 C000003 9135
022 D000003 294
022 A000004 ALEX BROWN & SONS INC.
022 B000004 52-1319768
022 C000004 9269
022 D000004 0
022 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000005 13-5674085
022 C000005 3292
022 D000005 4330
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-5108880
022 C000006 7342
022 D000006 0
022 A000007 BLAIR & COMPANY
022 B000007 36-2214610
022 C000007 0
022 D000007 7142
022 A000008 SALOMON BROTHERS, INC.
022 B000008 13-3082694
022 C000008 5311
022 D000008 0
022 A000009 ROBINSON HUMPHREY CO. INC.
022 B000009 58-1472560
022 C000009 2687
022 D000009 2344
022 A000010 PIERSON SAL OPPENHEIM
022 B000010 13-3203169
022 C000010 3917
022 D000010 0
023 C000000 470712
023 D000000 192373
024 000000 Y
025 A000001 ALEX BROWN & SONS CO.
025 B000001 52-0256630
025 C000001 E
025 D000001 3360
025 D000002 0
<PAGE> PAGE 9
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
025 D000009 0
025 D000010 0
025 D000011 0
025 D000012 0
025 D000013 0
025 D000014 0
025 D000015 0
025 D000016 0
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
028 A010000 17234
028 A020000 0
028 A030000 0
028 A040000 16041
028 B010000 121894
028 B020000 11955
028 B030000 0
028 B040000 12659
028 C010000 11054
028 C020000 0
028 C030000 0
028 C040000 12080
028 D010000 14203
028 D020000 1402
028 D030000 0
028 D040000 11699
028 E010000 25620
028 E020000 0
028 E030000 0
028 E040000 20227
028 F010000 22399
028 F020000 1
028 F030000 0
028 F040000 20416
028 G010000 212404
028 G020000 13358
028 G030000 0
<PAGE> PAGE 10
028 G040000 93122
028 H000000 161145
028 A01AA00 7209
028 A02AA00 0
028 A03AA00 0
028 A04AA00 10505
028 B01AA00 12518
028 B02AA00 54572
028 B03AA00 0
028 B04AA00 9747
028 C01AA00 10381
028 C02AA00 -1
028 C03AA00 0
028 C04AA00 10235
028 D01AA00 9723
028 D02AA00 27930
028 D03AA00 0
028 D04AA00 14826
028 E01AA00 16232
028 E02AA00 -1065
028 E03AA00 0
028 E04AA00 10964
028 F01AA00 15297
028 F02AA00 -1
028 F03AA00 0
028 F04AA00 9457
028 G01AA00 71360
028 G02AA00 81435
028 G03AA00 0
028 G04AA00 65734
028 H00AA00 40637
029 000000 Y
030 A000000 2321
030 B000000 5.75
030 C000000 0.00
031 A000000 384
031 B000000 0
032 000000 1937
033 000000 0
034 000000 Y
035 000000 0
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 100
<PAGE> PAGE 11
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 1441
044 000000 37
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.750
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 Y
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
<PAGE> PAGE 12
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 100
062 A000000 N
062 B000000 0.0
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 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
<PAGE> PAGE 13
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 171998
071 B000000 181266
071 C000000 984759
071 D000000 17
072 A000000 6
072 B000000 3581
072 C000000 10822
072 D000000 0
072 E000000 0
072 F000000 4897
072 G000000 762
072 H000000 0
072 I000000 635
072 J000000 306
072 K000000 200
072 L000000 68
072 M000000 25
072 N000000 41
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 20
072 S000000 47
072 T000000 1441
<PAGE> PAGE 14
072 U000000 0
072 V000000 0
072 W000000 41
072 X000000 8483
072 Y000000 0
072 Z000000 5920
072AA000000 40610
072BB000000 35502
072CC010000 143519
072CC020000 0
072DD010000 10779
072DD020000 0
072EE000000 4549
073 A010000 0.0700
073 A020000 0.0000
073 B000000 0.0300
073 C000000 0.0000
074 A000000 41
074 B000000 0
074 C000000 128694
074 D000000 48247
074 E000000 39490
074 F000000 1185658
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 3924
074 K000000 0
074 L000000 7240
074 M000000 2
074 N000000 1413296
074 O000000 9165
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 3396
074 S000000 0
074 T000000 1400735
074 U010000 169279
074 U020000 0
074 V010000 8.27
074 V020000 0.00
074 W000000 0.0000
074 X000000 105567
074 Y000000 0
075 A000000 0
075 B000000 1282488
076 000000 0.00
077 A000000 Y
<PAGE> PAGE 15
077 M000000 Y
077 Q010000 Y
078 000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
084 B000000 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE JAMES R. BAIO
TITLE TREASURER