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Securities and Exchange Commission
Washington, D.C. 20549
Rule 24f-2 Notice
Alliance Balanced Shares, Inc.
1345 Avenue of the Americas
New York, New York l0105
Investment Company Act of l940
File No. 2-10988
(i) Fiscal year for which this Notice is filed:
July 31, 1994 through July 31, 1995
(ii) Number or amount of securities of the same class or
series, if any, which had been registered under the
Securities Act of l933 other than pursuant to Rule
24f-2 under the Investment Company Act of l940 (the
"Act") but which remained unsold at the beginning of
such fiscal year:
1,649,461 Shares
(iii) Number or amount of securities, if any, registered
during such fiscal year other than pursuant to Rule
24f-2:
333,464 Shares
(iv) Number or amount of securities sold during such
fiscal year:
1,187,587 Shares
(v) Number or amount of securities sold during such
fiscal year in reliance upon Rule 24f-2:
-0- Shares*
Exhibit: None
* No filing fee is due as no shares are required to be
registered pursuant to this Rule 24f-2 Notice.
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SIGNATURE
Pursuant to the requirements of Rule 24f-2 under
the Investment Company Act of l940, Alliance Balanced
Shares, Inc. has duly caused this Rule 24f-2 Notice to be
signed on its behalf by the undersigned, thereunto duly
authorized, in the City of New York and State of New York,
on the 25th day of September 1995.
Alliance Balanced Shares, Inc.
By /s/ Domenick Pugliese
____________________________
Domenick Pugliese
Assistant Secretary
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