<PAGE> PAGE 1
000 B000000 03/31/97
000 C000000 0000702331
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 UNITED GOVERNMENT SECURITIES FUND, INC.
001 B000000 811-3458
001 C000000 9132362000
002 A000000 6300 LAMAR AVENUE P O BOX 29217
002 B000000 SHAWNEE MISSION
002 C000000 KS
002 D010000 66201
002 D020000 9217
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 WADDELL & REED INVESTMENT MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-40372
008 D010001 OVERLAND PARK
008 D020001 KS
008 D030001 66202
008 D040001 4200
010 A000001 WADDELL & REED SERVICES COMPANY
010 B000001 84-1062
010 C010001 OVERLAND PARK
010 C020001 KS
010 C030001 66202
010 C040001 4200
011 A000001 WADDELL & REED, INC.
011 B000001 8-15372
011 C010001 OVERLAND PARK
011 C020001 KS
011 C030001 66202
<PAGE> PAGE 2
011 C040001 4200
012 A000001 WADDELL & REED SERVICES COMPANY
012 B000001 84-1062
012 C010001 OVERLAND PARK
012 C020001 KS
012 C030001 66202
012 C040001 4200
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 KANSAS CITY
013 B020001 MO
013 B030001 64106
013 B040001 2232
015 A000001 UMB BANK, N.A.
015 B000001 C
015 C010001 KANSAS CITY
015 C020001 MO
015 C030001 64141
015 C040001 6226
015 E010001 X
015 A000002 UNITED MISSOURI TRUST COMPANY OF NEW YORK
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10004
015 E010002 X
018 000000 Y
019 A000000 Y
019 B000000 34
019 C000000 UNITDGROUP
020 A000001 GOLDMAN, SACHS & CO.
020 B000001 13-5108880
020 C000001 20
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 20
022 A000001 MORGAN (J.P.) SECURITIES INC.
022 B000001 13-3224016
022 C000001 703577
022 D000001 0
022 A000002 LEHMAN BROTHERS INC.
022 B000002 13-2518466
022 C000002 41712
022 D000002 0
022 A000003 MORGAN STANLEY & CO. INCORPORATED
<PAGE> PAGE 3
022 B000003 13-2655998
022 C000003 17830
022 D000003 11326
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004 5570
022 D000004 12216
022 A000005 BEAR, STEARNS & CO.
022 B000005 13-3299429
022 C000005 7118
022 D000005 7586
022 A000006 CS FIRST BOSTON CORPORATION (THE)
022 B000006 13-5659485
022 C000006 4869
022 D000006 9052
022 A000007 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000007 13-2741729
022 C000007 0
022 D000007 7163
022 A000008 HSBC SECURITIES INC.
022 B000008 13-2650272
022 C000008 4943
022 D000008 241
022 A000009 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000009 13-5674085
022 C000009 0
022 D000009 4338
022 A000010 SALOMON BROTHERS INC.
022 B000010 13-3082694
022 C000010 0
022 D000010 4151
023 C000000 787727
023 D000000 56073
024 000000 Y
025 A000001 MORGAN (J.P.) & CO., INC.
025 B000001 13-2625764
025 C000001 D
025 D000001 6180
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
<PAGE> PAGE 4
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
028 A010000 781
028 A020000 573
028 A030000 0
028 A040000 2851
028 B010000 721
028 B020000 682
028 B030000 0
028 B040000 2598
028 C010000 1570
028 C020000 716
028 C030000 0
028 C040000 3217
028 D010000 1025
028 D020000 554
028 D030000 0
028 D040000 3059
028 E010000 698
028 E020000 686
028 E030000 0
028 E040000 2493
028 F010000 749
028 F020000 563
028 F030000 0
028 F040000 2715
028 G010000 5544
028 G020000 3774
028 G030000 0
028 G040000 16933
028 H000000 2945
029 000000 Y
030 A000000 274
030 B000000 4.25
030 C000000 0.00
031 A000000 116
031 B000000 0
032 000000 0
033 000000 158
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
<PAGE> PAGE 5
042 C000000 100
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 214
044 000000 0
045 000000 Y
046 000000 N
047 000000 N
048 000000 0.000
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 N
052 000000 Y
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
<PAGE> PAGE 6
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 50
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 4.8
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 15.3
062 N000000 79.2
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.7
063 A000000 0
063 B000000 10.1
064 A000000 N
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
070 F020000 N
<PAGE> PAGE 7
070 G010000 Y
070 G020000 Y
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
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 46266
071 B000000 60606
071 C000000 135359
071 D000000 34
072 A000000 12
072 B000000 9797
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 560
072 G000000 40
072 H000000 0
072 I000000 314
072 J000000 10
072 K000000 0
072 L000000 0
072 M000000 6
072 N000000 34
072 O000000 3
072 P000000 0
072 Q000000 0
072 R000000 14
072 S000000 5
072 T000000 214
072 U000000 0
072 V000000 0
072 W000000 52
<PAGE> PAGE 8
072 X000000 1252
072 Y000000 0
072 Z000000 8545
072AA000000 792
072BB000000 2242
072CC010000 0
072CC020000 1927
072DD010000 8508
072DD020000 37
072EE000000 0
073 A010000 0.3270
073 A020000 0.3395
073 B000000 0.0000
073 C000000 0.0000
074 A000000 13
074 B000000 6180
074 C000000 0
074 D000000 122493
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 6
074 I000000 0
074 J000000 5
074 K000000 244
074 L000000 1462
074 M000000 11
074 N000000 130414
074 O000000 0
074 P000000 65
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 748
074 S000000 0
074 T000000 129601
074 U010000 24861
074 U020000 127
074 V010000 5.19
074 V020000 5.19
074 W000000 0.0000
074 X000000 13393
074 Y000000 0
075 A000000 0
075 B000000 138452
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
<PAGE> PAGE 9
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 Y
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000 18500
081 A000000 Y
081 B000000 33
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
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 THEODORE W. HOWARD
TITLE V.P. & TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE SEMIANNUAL REPORT
TO SHAREHOLDERS DATED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000702331
<NAME> UNITED GOVERNMENT SECURITIES FUND, INC.
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 129,447,584
<INVESTMENTS-AT-VALUE> 128,679,359
<RECEIVABLES> 1,710,871
<ASSETS-OTHER> 10,648
<OTHER-ITEMS-ASSETS> 13,250
<TOTAL-ASSETS> 130,414,128
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 813,161
<TOTAL-LIABILITIES> 813,161
<SENIOR-EQUITY> 249,879
<PAID-IN-CAPITAL-COMMON> 134,441,581
<SHARES-COMMON-STOCK> 24,987,880
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4,322,268)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (768,225)
<NET-ASSETS> 129,600,967
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9,796,938
<OTHER-INCOME> 0
<EXPENSES-NET> (1,252,371)
<NET-INVESTMENT-INCOME> 8,544,567
<REALIZED-GAINS-CURRENT> (1,450,430)
<APPREC-INCREASE-CURRENT> (1,927,389)
<NET-CHANGE-FROM-OPS> 5,166,748
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8,544,567)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,127,896
<NUMBER-OF-SHARES-REDEEMED> 6,277,076
<SHARES-REINVESTED> 1,456,111
<NET-CHANGE-IN-ASSETS> (17,535,183)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 559,782
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,252,371
<AVERAGE-NET-ASSETS> 138,452,279
<PER-SHARE-NAV-BEGIN> 5.32
<PER-SHARE-NII> 0.33
<PER-SHARE-GAIN-APPREC> (0.13)
<PER-SHARE-DIVIDEND> (0.33)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 5.19
<EXPENSE-RATIO> 0.91
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
