NICHOLAS FUND INC
NSAR-A, 1998-11-27
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<PAGE>      PAGE  1
000 A000000 09/30/98
000 C000000 0000071958
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 3.0.a
000 J000000 U
001 A000000 NICHOLAS FUND, INC.
001 B000000 811-1728
001 C000000 4142724650
002 A000000 700 NORTH WATER STREET, SUITE 1010
002 B000000 MILWAUKEE
002 C000000 WI
002 D010000 53202
002 D020000 4276
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012 A000001 FIRSTAR MUTUAL FUND SERVICES, LLC
012 B000001 85-410
012 C010001 MILWAUKEE
012 C020001 WI
012 C030001 53202
012 C040001 2944
015 A000001 FIRSTAR BANK MILWAUKEE, N.A.
015 B000001 C
015 C010001 MILWAUKEE
015 C020001 WI
015 C030001 53202
015 C040001 2944
015 E010001 X
020 A000001 BEAR STEARNS & CO.
020 B000001 13-4946705
020 C000001    203
020 A000002 STANDARD & POORS SECURITIES, INC.
020 B000002 13-2671951
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020 C000002    129
020 A000003 WISCONSIN DISCOUNT SERVICES
020 B000003 39-1259164
020 C000003    126
020 A000004 MERRILL LYNCH & CO., INC.
020 B000004 39-1035790
020 C000004    126
020 A000005 SALOMON/SMITH BARNEY, INC.
020 B000005 13-1912900
020 C000005    108
020 A000006 CLEARY GULL
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020 A000007 J.C. BRADFORD
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020 C000007     73
020 A000008 DOWLING & PARTNERS
020 B000008 06-1400223
020 C000008     73
020 A000009 INVEMED ASSOCIATES, INC.
020 B000009 13-2782614
020 C000009     68
020 A000010 INSTINET
020 B000010 13-3443995
020 C000010     66
021  000000     1844
022 A000001 FIRST BOSTON
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022 A000002 FIRSTAR BANK MILWAUKEE, N.A.
022 B000002 39-0281225
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022 A000003 LEHMAN BROTHERS
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022 A000004 MARSHALL & ILSLEY
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022 A000005 MERRILL LYNCH & CO., INC.
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022 A000007 HELLER FINANCIAL
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SIGNATURE   THOMAS J. SAEGER                             
TITLE       EX VICE-PRESIDENT   
 


<TABLE> <S> <C>

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