<PAGE> PAGE 1
000 A000000 06/30/98
000 C000000 0000356683
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 PRUDENTIAL EQUITY FUND, INC.
001 B000000 811-3326
001 C000000 9733677530
002 A000000 GATEWAY CENTER THREE, 100 MULBERRY ST
002 B000000 NEWARK
002 C000000 NJ
002 D010000 07102
002 D020000 4077
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007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 PRUDENTIAL INVESTMENTS FUND MANAGEMENT LLC
008 B000001 S
008 C000001 801-22808
008 D010001 NEWARK
008 D020001 NJ
008 D030001 07101
008 A000002 THE PRUDENTIAL INVESTMENT CORPORATION
008 B000002 A
008 C000002 801-31104
008 D010002 NEW YORK
008 D020002 NY
008 D030002 10292
011 A000001 PRUDENTIAL SECURITIES INCORPORATED
011 B000001 8-27154
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10292
012 A000001 PRUDENTIAL MUTUAL FUND SERVICES LLC
<PAGE> PAGE 2
012 B000001 84-5681019
012 C010001 NEW BRUNSWICK
012 C020001 NJ
012 C030001 08906
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 PRUDENTIAL SECURITIES INCORPORATED
014 B000001 8-27154
014 A000002 PRUCO SECURITIES CORPORATION
014 B000002 8-16402
014 A000003 PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC
014 B000003 8-36540
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 NORTH QUINCY
015 C020001 MA
015 C030001 02171
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 99
019 C000000 PRUDENTIAL
020 A000001 BEAR, STEARNS & CO., INC.
020 B000001 13-3299429
020 C000001 251
020 A000002 MERRILL LYNCH PIERCE FENNER & SMITH INC
020 B000002 13-5674085
020 C000002 170
020 A000003 CANTOR FITZGERALD & CO., INC.
020 B000003 13-3680184
020 C000003 118
020 A000004 MORGAN STANLEY DEAN WITTER
020 B000004 13-2731510
020 C000004 113
020 A000005 PRUDENTIAL SECURITIES INCORPORATED
020 B000005 22-2347336
020 C000005 110
020 A000006 GOLDMAN SACHS & CO.
020 B000006 13-5108880
020 C000006 64
020 A000007 BERSTEIN (STANFORD C.) & CO., INC.
020 B000007 13-2625874
020 C000007 59
020 A000008 CJ LAWERENCE
020 C000008 54
020 A000009 INSTINET CORP
020 B000009 13-3443395
020 C000009 51
020 A000010 LEHMAN BROTHERS INC.
<PAGE> PAGE 3
020 B000010 13-2518466
020 C000010 49
021 000000 1558
062 A000000 N
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SIGNATURE GRACE C. TORRES
TITLE TREASURER
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For the semi-annual period ended 6/30/98
File number: 811-3326
SUB-ITEM 77 0
EXHIBITS
Transactions Effected Pursuant to Rule 10f-3
1. Name of Issuer
Fort James Corporation
2. Date of Purchase
2/12/98
3. Number of Securities Purchased
93,894
4. Dollar Amount of Purchase
$4,055,306
5. Price Per Unit
$43.19
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Morgan Stanley Dean Witter
Merrill Lynch & Co.
Salomon Smith Barney
7. Other Members of the Underwriting
Syndicate
Robert W. Baird & Co.
BancAmerica Robertson Stephen
Bear, Sterns & Co., Inc.
BT Alex, Brown Incorporated
Chase Securities, Inc.
Credit Suisse First Boston Corporation
EVEREN Securities, Inc.
Janney Montgomery Securities LLC
Edward D. Jones & Co., L.P.
Nationsbanc Montgomery Securities LLC
PaineWebber Incorporated
Prudential Securities Incorporated
Scott & Stringfellow, Inc.
Morgan Stanley & Co. International
Limited
Merrill Lynch International
Smith Barney, Inc.
T:\martin\N-SAR\EQF\8-98\77O.doc
