PRUDENTIAL UTILITY FUND INC
NSAR-B, 1999-03-01
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<PAGE>      PAGE  1
000 B000000 12/31/98
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001 A000000 PRUDENTIAL UTILITY FUND, INC.
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SIGNATURE   GRACE C. TORRES                              
TITLE       TREASURER           
 


<TABLE> <S> <C>











<ARTICLE> 6
<CIK> 0000352665
<NAME> PRUDENTIAL UTILITY FUND, INC.
<SERIES>
   <NUMBER> 001
   <NAME> UTILITY FUND (CLASS A)
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                    3,235,115,914
<INVESTMENTS-AT-VALUE>                   4,803,765,670
<RECEIVABLES>                               18,347,976
<ASSETS-OTHER>                                 168,620
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                     3,298,340
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   14,699,297
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 3,173,328,514
<SHARES-COMMON-STOCK>                      398,608,648
<SHARES-COMMON-PRIOR>                      374,923,333
<ACCUMULATED-NII-CURRENT>                    1,979,021
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     60,302,205
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                 1,568,674,889
<NET-ASSETS>                              (773,531,981)
<DIVIDEND-INCOME>                          141,305,902
<INTEREST-INCOME>                           13,926,018
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              53,806,709
<NET-INVESTMENT-INCOME>                    101,425,211
<REALIZED-GAINS-CURRENT>                   392,411,532
<APPREC-INCREASE-CURRENT>                 (137,310,063)
<NET-CHANGE-FROM-OPS>                      356,526,680
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (107,527,177)
<DISTRIBUTIONS-OF-GAINS>                  (356,725,625)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    598,995,199
<NUMBER-OF-SHARES-REDEEMED>               (883,989,695)
<SHARES-REINVESTED>                        426,138,453
<NET-CHANGE-IN-ASSETS>                      33,417,835
<ACCUMULATED-NII-PRIOR>                      5,783,735
<ACCUMULATED-GAINS-PRIOR>                   80,023,818
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       19,099,006
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             53,806,709
<AVERAGE-NET-ASSETS>                         2,652,000
<PER-SHARE-NAV-BEGIN>                            12.33
<PER-SHARE-NII>                                   0.30
<PER-SHARE-GAIN-APPREC>                           0.69
<PER-SHARE-DIVIDEND>                             (0.32)
<PER-SHARE-DISTRIBUTIONS>                        (0.94)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.06
<EXPENSE-RATIO>                                   0.78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                              0.00
        


</TABLE>

<TABLE> <S> <C>











<ARTICLE> 6
<CIK> 0000352665
<NAME> PRUDENTIAL UTILITY FUND, INC.
<SERIES>
   <NUMBER> 002
   <NAME> UTILITY FUND (CLASS B)
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                    3,235,115,914
<INVESTMENTS-AT-VALUE>                   4,803,765,670
<RECEIVABLES>                               18,347,976
<ASSETS-OTHER>                                 168,620
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                     3,298,340
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   14,699,297
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 3,173,328,514
<SHARES-COMMON-STOCK>                      398,608,648
<SHARES-COMMON-PRIOR>                      374,923,333
<ACCUMULATED-NII-CURRENT>                    1,979,021
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     60,302,205
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                 1,568,674,889
<NET-ASSETS>                              (773,531,981)
<DIVIDEND-INCOME>                          141,305,902
<INTEREST-INCOME>                           13,926,018
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              53,806,709
<NET-INVESTMENT-INCOME>                    101,425,211
<REALIZED-GAINS-CURRENT>                   392,411,532
<APPREC-INCREASE-CURRENT>                 (137,310,063)
<NET-CHANGE-FROM-OPS>                      356,526,680
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (107,527,177)
<DISTRIBUTIONS-OF-GAINS>                  (356,725,625)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    598,995,199
<NUMBER-OF-SHARES-REDEEMED>               (883,989,695)
<SHARES-REINVESTED>                        426,138,453
<NET-CHANGE-IN-ASSETS>                      33,417,835
<ACCUMULATED-NII-PRIOR>                      5,783,735
<ACCUMULATED-GAINS-PRIOR>                   80,023,818
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       19,099,006
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             53,806,709
<AVERAGE-NET-ASSETS>                         2,120,000
<PER-SHARE-NAV-BEGIN>                            12.32
<PER-SHARE-NII>                                   0.21
<PER-SHARE-GAIN-APPREC>                           0.69
<PER-SHARE-DIVIDEND>                             (0.23)
<PER-SHARE-DISTRIBUTIONS>                        (0.94)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.05
<EXPENSE-RATIO>                                   1.53
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                              0.00
        


</TABLE>

<TABLE> <S> <C>











<ARTICLE> 6
<CIK> 0000352665
<NAME> PRUDENTIAL UTILITY FUND, INC.
<SERIES>
   <NUMBER> 003
   <NAME> UTILITY FUND (CLASS C)
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                    3,235,115,914
<INVESTMENTS-AT-VALUE>                   4,803,765,670
<RECEIVABLES>                               18,347,976
<ASSETS-OTHER>                                 168,620
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                     3,298,340
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   14,699,297
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 3,173,328,514
<SHARES-COMMON-STOCK>                      398,608,648
<SHARES-COMMON-PRIOR>                      374,923,333
<ACCUMULATED-NII-CURRENT>                    1,979,021
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     60,302,205
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                 1,568,674,889
<NET-ASSETS>                              (773,531,981)
<DIVIDEND-INCOME>                          141,305,902
<INTEREST-INCOME>                           13,926,018
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              53,806,709
<NET-INVESTMENT-INCOME>                    101,425,211
<REALIZED-GAINS-CURRENT>                   392,411,532
<APPREC-INCREASE-CURRENT>                 (137,310,063)
<NET-CHANGE-FROM-OPS>                      356,526,680
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (107,527,177)
<DISTRIBUTIONS-OF-GAINS>                  (356,725,625)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    598,995,199
<NUMBER-OF-SHARES-REDEEMED>               (883,989,695)
<SHARES-REINVESTED>                        426,138,453
<NET-CHANGE-IN-ASSETS>                      33,417,835
<ACCUMULATED-NII-PRIOR>                      5,783,735
<ACCUMULATED-GAINS-PRIOR>                   80,023,818
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       19,099,006
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             53,806,709
<AVERAGE-NET-ASSETS>                        20,309,000
<PER-SHARE-NAV-BEGIN>                            12.32
<PER-SHARE-NII>                                   0.21
<PER-SHARE-GAIN-APPREC>                           0.69
<PER-SHARE-DIVIDEND>                             (0.23)
<PER-SHARE-DISTRIBUTIONS>                        (0.94)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.05
<EXPENSE-RATIO>                                   1.53
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                              0.00
        


</TABLE>

<TABLE> <S> <C>











<ARTICLE> 6
<CIK> 0000352665
<NAME> PRUDENTIAL UTILITY FUND, INC.
<SERIES>
   <NUMBER> 004
   <NAME> UTILITY FUND (CLASS Z)
       
<S>                             <C>
<PERIOD-TYPE>                      YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                    3,235,115,914
<INVESTMENTS-AT-VALUE>                   4,803,765,670
<RECEIVABLES>                               18,347,976
<ASSETS-OTHER>                                 168,620
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                     3,298,340
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   14,699,297
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 3,173,328,514
<SHARES-COMMON-STOCK>                      398,608,648
<SHARES-COMMON-PRIOR>                      374,923,333
<ACCUMULATED-NII-CURRENT>                    1,979,021
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     60,302,205
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                 1,568,674,889
<NET-ASSETS>                              (773,531,981)
<DIVIDEND-INCOME>                          141,305,902
<INTEREST-INCOME>                           13,926,018
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              53,806,709
<NET-INVESTMENT-INCOME>                    101,425,211
<REALIZED-GAINS-CURRENT>                   392,411,532
<APPREC-INCREASE-CURRENT>                 (137,310,063)
<NET-CHANGE-FROM-OPS>                      356,526,680
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (107,527,177)
<DISTRIBUTIONS-OF-GAINS>                  (356,725,625)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    598,995,199
<NUMBER-OF-SHARES-REDEEMED>               (883,989,695)
<SHARES-REINVESTED>                        426,138,453
<NET-CHANGE-IN-ASSETS>                      33,417,835
<ACCUMULATED-NII-PRIOR>                      5,783,735
<ACCUMULATED-GAINS-PRIOR>                   80,023,818
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       19,099,006
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             53,806,709
<AVERAGE-NET-ASSETS>                        46,093,000
<PER-SHARE-NAV-BEGIN>                            12.34
<PER-SHARE-NII>                                   0.34
<PER-SHARE-GAIN-APPREC>                           0.69
<PER-SHARE-DIVIDEND>                             (0.36)
<PER-SHARE-DISTRIBUTIONS>                        (0.94)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.07
<EXPENSE-RATIO>                                   0.53
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                              0.00
        
















</TABLE>

Prudential Utility Fund, Inc.
For the Annual period ended 12/31/98
File number 811-3175

                   SUB-ITEM 77J


       Reclassification of Capital Accounts

       The   Fund   accounts   for   and   reports
distributions  to shareholders in accordance  with
the   American   Institute  of  Certified   Public
Accountants'    Statement   of   Position    93-2:
Determination, Disclosure, and Financial Statement
Presentation of Income; Capital Gain,  and  Return
of  Capital Distributions by Investment Companies.
The  effect  of  applying this  statement  was  to
increase  undistributed net investment  income  by
$184,122,  decrease accumulated net realized  gain
on investments by $25,078,864 and increase paid-in-
capital   by  $24,894,742   for  realized  foreign
currency  gains  and for redemptions  utilized  as
distributions  for  federal  income  tax  purposes
during  the  year  ended December  31,  1998.  Net
investment  income,  net realized  gains  and  net
assets were not affected by this change.







Report of Independent Accountants


To the Shareholders and Board of Directors of
Prudential Utility Fund, Inc.


In planning and performing our audit of the financial
statements of Prudential Utility Fund, Inc.(the "Fund") for
the year ended December 31, 1998, we considered its internal
control, including control activities for safeguarding
securities, in order to determine our auditing procedures
for the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form N-
SAR, not to provide assurance on internal control.
The management of the Fund 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 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 control, 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 error or fraud in amounts that would
be material in relation to the financial statements 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 for
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 and the Board of Directors of the Fund and the
Securities and Exchange Commission.

PricewaterhouseCoopers LLP
New York, New York
February 23, 1999
To the Shareholders and Board of Directors of
Prudential Utility Fund, Inc.




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