INTERNATIONAL SERIES INC
485BPOS, 1996-04-25
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                                   1933 Act File No. 2-91776
                                   1940 Act File No. 811-3984

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                  Form N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933        X

   Pre-Effective Amendment No.        ............

   Post-Effective Amendment No.  28      .........        X
                                                           -

                                    and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940     X
                                                                  -

   Amendment No.    24   .........................        X
                                                         -

                          INTERNATIONAL SERIES, INC.

              (Exact Name of Registrant as Specified in Charter)

        Federated Investors Tower, Pittsburgh, Pennsylvania 15222-3779
                   (Address of Principal Executive Offices)

                                (412) 288-1900
                       (Registrant's Telephone Number)

                         John W. McGonigle, Esquire,
                          Federated Investors Tower,
                     Pittsburgh, Pennsylvania 15222-3779
                   (Name and Address of Agent for Service)

It is proposed that this filing will become effective:

  X  immediately upon filing pursuant to paragraph (b)
     on           pursuant to paragraph (b)
    60 days after filing pursuant to paragraph (a) (i)
    on                 pursuant to paragraph (a) (i).
    75 days after filing pursuant to paragraph (a)(ii)
    on                   pursuant to paragraph (a)(ii) of Rule 485.
       -----------------


Registrant has filed with the Securities and Exchange Commission a declaration
pursuant to Rule 24f-2 under the Investment Company Act of 1940, and:

 X  filed the Notice required by that Rule on January 16, 1996; or
    intends to file the Notice required by that Rule on or about             ;
                                                                 ------------
   or
    during the most recent fiscal year did not sell any securities pursuant to
 Rule 24f-2 under the Investment Company Act of 1940, and, pursuant to
 Rule 24f-2(b)(2), need not file the Notice.



                            CROSS-REFERENCE SHEET

   This amendment to the Registration Statement of INTERNATIONAL SERIES, INC.
(formerly, FT Series, Inc.), which is comprised of two portfolios: (1)
Federated International Equity Fund consisting of three classes of shares, (a)
Class A Shares, (b) Class C Shares, and (c) Class B Shares; and (2) Federated
International Income Fund consisting of three classes of shares, (a) Class A
Shares, (b) Class C Shares, and (c) Class B Shares, and is comprised of the
following:


PART A. INFORMATION REQUIRED IN A PROSPECTUS.

                                   Prospectus Heading
                                   (Rule 404(c) Cross Reference)

Item 1.   Cover Page...............(1-2) Cover Page.
Item 2.   Synopsis.................(1-2) Summary of Fund Expenses.
Item 3.   Condensed Financial
           Information.............(1-2) Performance Information;
                                        (1a, 1b, 2a, 2b) Financial Highlights.
Item 4.   General Description of
           Registrant..............(1-2) General Information; (1-2) Investment
                                   Information; (1-2) Investment Objective;
                                   (1-2) Investment Policies; (1) Risks
                                   Associated with Financial Futures Contracts
                                   and Options on Financial Futures Contracts;
                                   (2) Hedging Vehicles and Strategies; (2)
                                   Hedging Strategies; (1-2) Investment
                                   Limitations.
Item 5.   Management of the Fund...(1-2) International Series, Inc.
                                   Information; (1-2) Management of the
                                   Corporation; (1a, 2a) Distribution of Class
                                   A Shares; (1b, 2b) Distribution of Class C
                                   Shares; (1c, 2c) Distribution of Class B
                                   Shares; (1-2) Administration of the Fund;
                                   (1c, 2c) Expenses of the Fund and Class B
                                   Shares; (1-2) Brokerage Transactions.


Item 6.   Capital Stock and Other
           Securities..............(1-2) Dividends; Capital Gains; Shareholder
                                   Information; Voting Rights; Tax
                                   Information; Federal Income Tax; State and
                                   Local Taxes; Other Classes of Shares.
Item 7.   Purchase of Securities Being
           Offered.................(1-2) Net Asset Value; (1a, 2a) Investing
                                   in Class A Shares; (1b, 2b) Investing in
                                   Class C Shares; (1c, 2c) Investing in Class
                                   B Shares; (1-2) Share Purchases; Minimum
                                   Investment Required; What Shares Cost; (1a,
                                   2a) Eliminating or Reducing the Sales
                                   Charge; (1c, 2c) Conversion of Class B
                                   Shares; (1-2) Systematic Investment
                                   Program; Certificates and  Confirmations;
                                   Retirement Plans; (1-2) Exchange Privilege;
                                   (1a, 2a) Eliminated or Reduced Sales
                                   Charge; (1-2) Requirements for Exchange;
                                   Tax Consequences; Making an Exchange.
Item 8.   Redemption or Repurchase.(1a, 2a) Redeeming Class A Shares; (1b, 2b)
                                   Redeeming Class C Shares; (1c, 2c)
                                   Redeeming Class B Shares; (1-2) Through a
                                   Financial Institution; (1-2) Directly from
                                   the Fund; (1b, 1c, 2b, 2c) Contingent
                                   Deferred Sales Charge; (1-2) Systematic
                                   Withdrawal Program; Accounts with Low
                                   Balances; (1b, 2b) Reinvestment Privilege;
                                   (1b, 2b) Elimination of Contingent Deferred
                                   Sales Charge.
Item 9.   Pending Legal Proceedings     None.


PART B. INFORMATION REQUIRED IN A STATEMENT OF ADDITIONAL INFORMATION
Item 10.  Cover Page...............(1-2) Cover Page.
Item 11.  Table of Contents........(1-2) Table of Contents.
Item 12.  General Information and
           History.................(1-2) General Information About the Fund.
Item 13.  Investment Objectives and
           Policies................(1-2) Investment Objectives and Policies.
Item 14.  Management of the
           Corporation.............(1-2) Filed in Part A, Management of the
                                   Corporation.
Item 15.  Control Persons and Principal
           Holders of Securities...Fund Ownership.
Item 16.  Investment Advisory and Other
           Services................(1-2) Investment Advisory Services;
                                   Administrative Services; Transfer Agent and
                                   Dividend Disbursing Agent.
Item 17.  Brokerage Allocation.....(1-2) Brokerage Transactions.
Item 18.  Capital Stock and Other
           Securities..............Not Applicable.
Item 19.  Purchase, Redemption and
           Pricing of Securities
           Being Offered...........(1-2) Purchasing Shares; Determining Net
                                   Asset Value; Redeeming Shares.

Item 20.  Tax Status...............(1-2) Tax Status.
Item 21.  Underwriters.............(1-2) Distribution and Shareholder Services
                                   Plans.
Item 22.  Calculation of Performance
           Data....................(1) Yield; (1-2) Total Return; Performance
                                   Comparisons.
Item 23.  Financial Statements          (1-2) The Financial Statements
                              for the fiscal year ended
                    November 30, 1995 are
          incorporated herein by
     reference to each Fund's                                         Annual
Report dated November                                       30, 1995. (File
Nos. 2-91776                                      and 811-3984).

Incorporate by reference pursuant to Rule 411 under the Securities Act of
1933, Parts A and B of Post-Effective Amendment No. 27, filed January 31,
1996, in their entirety.




PART C. OTHER INFORMATION

Item 24.  Financial Statements and Exhibits:

          (a)  Financial Statements: The Financial Statements
                    for the fiscal year ended November 30, 1995 are
                    incorporated herein by reference to each Fund's
                    Annual Report dated November 30, 1995. (File      Nos. 2-
91776 and 811-3984);

          (b)  Exhibits:
               (1)  Conformed copy of the Articles of Incorporation of the
                    Registrant (10);
               (2)  Copy of the By-Laws of the Registrant (10);
               (3)  Not applicable;
               (4)  Copy of Specimen Certificate for Shares of Common Stock
                    for Class A Shares, Class B Shares, and Class C Shares of
                    International Equity Fund and International Income Fund
                    (14);
               (5)    (i)Conformed copy of the Investment Advisory Contract
                         dated February 11, 1991 of the Registrant (10);
                    (ii) Conformed copy of Investment Advisory Contract of the
                         Registrant with Federated Management dated March 15,
                         1994, this contract was assigned to Federated Global
                         Corp. on August 25, 1995 (15);
                    (iii)Conformed copy of Assignment of Investment Advisory
                         Contract (16);
               (6)    (i)Conformed copy of Distributor's Contract of the
                         Registrant dated February 11, 1991, through and
                         including Exhibit E (14);
                     (ii)Conformed copy of Exhibit F to the Distributor's
                         Contract of the Registrant adding Class B Shares to
                         the current existing Distributor's Contract (16);
                    (iii)The Registrant hereby incorporates the conformed copy
                         of the specimen Mutual Funds and Service Agreement;
                         Mutual Funds Service Agreement; and Plan
                         Trustee/Mutual Funds Service Agreement from Item
                         24(b) (6) of the Cash Trust Series II Registration
                         Statement on Form N-1A filed with the Commission on
                         July 24, 1995. (File Nos. 2-91776 and 811-3984);
               (7)  Not applicable;
               (8)  Conformed copy of the Custodian Contract of the Registrant
                    (14);



+    All Exhibits have been filed electronically.
10.  Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 13 on Form N-1A filed February 13, 1991 (File Nos. 2-91776
     and 811-3984).
14.  Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 20 on Form N-1A filed July 29, 1994 (File Nos. 2-91776 and
     811-3984).
15.  Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 23 on Form N-1A filed February 9, 1995 (File Nos. 2-91776
     and 811-3984).
16.  Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 27 on Form N-1A filed January 31, 1996 (File Nos. 2-91776
     and 811-3984).


               (9)    (i) Conformed copy of the December 1, 1994, Fund
                         Accounting, Shareholder Recordkeeping and Custody
                         Services Procurement Agreement (15);
                     (ii) Conformed copy of Shareholder Services Plan; (14)
                    (iii) Conformed copy of Administrative Services Agreement
                         of the Registrant (14);
                     (iv) Conformed copy of Shareholder Services Agreement of
                         the Registrant (14);
                    (v)  The responses described in Item 24(b) (6) are hereby
                         incorporated by reference;
               (10) Conformed copy of the Opinion and Consent of Counsel as to
                    legality of shares being registered; +
               (11) Conformed copy of Consent of Independent Public
                    Accountants (16);
               (13) Paper Copy of Initial Capital Understanding (2);
               (14) Not applicable;
               (15)   (i)Conformed copy of Rule 12b-1 Plan of the Registrant,
                         through and including Exhibit B (14);
                     (ii)Conformed copy of Exhibit C to Rule 12b-1 Plan of the
                         Registrant adding Class B Shares to the current
                         existing Rule 12b-1 Plan (16);
                    (iii)Copy of 12b-1 Agreement, through and including
                         Exhibit C (14);
                    (iv) The responses described in Item 24(b) (6) are hereby
                         incorporated by reference;
               (16)   (i)Copy of Schedule for Computation of Fund Performance
                         Data for International Equity Fund (8);
                     (ii)Copy of Schedule for Computation of Fund Performance
                         Data for International Income Fund (12);
               (17) Financial Data Schedules (16);
               (18) The Registrant hereby incorporates the conformed
               copy of the specimen Multiple Class Plan from
               Item 24(b)(18) of the World Investment Series,
               Inc. Registration Statement on Form N-1A, filed        with the
            Commission on January 26, 1996.  (File          Nos. 33-52149 and
            811-07141);
               (19) Conformed copy of Power of Attorney(16);


Item 25.  Persons Controlled by or Under Common Control with Registrant:

          None




+    All Exhibits have been filed electronically.
2.   Response is incorporated by reference to Registrant's Pre-Effective
     Amendment No. 1 on Form N-1 filed August 17, 1984 (File Nos. 2-91776 and
     811-3984).
8.   Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 9 on Form N-1A filed January 24, 1989 (File Nos. 2-91776
     and 811-3984).
12.  Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 15 on Form N-1A filed November 25, 1991 (File Nos. 2-91776
     and 811-3984).
14.  Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 20 on Form N-1A filed July 29, 1994 (File Nos. 2-91776 and
     811-3984).
15.  Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 23 on Form N-1A filed February 9, 1995 (File Nos. 2-91776
     and 811-3984).
16.  Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 27 on Form N-1A filed January 31, 1996 (File Nos. 2-91776
     and 811-3984).


Item 26.  Number of Holders of Securities:
                                        Number of Record Holders
          Title of Class                   as of March 29, 1996

          International Equity Fund
               Class A Shares           12,801
               Class B Shares           1,288
               Class C Shares           1,100


          International Income Fund
               Class A Shares           2,741
               Class B Shares           482
               Class C Shares           508

Item 27.  Indemnification: (13)

Item 28.  Business and Other Connections of Investment Advisers:

          For a description of the other business of the investment adviser,
          see the section entitled "International Series, Inc. Information -
          Management of the Corporation" in Part A.  The affiliations with the
          Registrant of four of the Trustees and one of the Officers of the
          investment adviser are included in Part A of this Registration
          Statement under "Management of the Corporation - Officers and
          Directors."

          The remaining Officers of the investment adviser are:  William D.
          Dawson, III, Henry A. Frantzen, J. Thomas Madden, and Mark L.
          Mallon, Executive Vice Presidents; Henry J. Gailliot, Senior Vice
          President-Economist; Peter R. Anderson, Drew J. Collins, Jonathan C.
          Conley, Mark E. Durbiano, Mary Jo Ochson, and J. Alan Minteer,
          Senior Vice Presidents; J. Scott Albrecht, Joseph M. Balestrino,
          Randall A. Bauer, David A. Briggs, Kenneth J. Cody, Deborah A.
          Cunningham, Michael P. Donnelly, Linda A. Duessel, Kathleen M.
          Foody-Malus, Thomas M. Franks, Edward C. Gonzales, Timothy E. Keefe,
          Stephen A. Keen, Mark S. Kopinski, Jeff A. Kozemchak, Marian R.
          Marinack, Susan M. Nason, Robert J. Ostrowski, Frederick L. Plautz,
          Jr., Charles A. Ritter, James D. Roberge, Frank Semack, William F.
          Stotz, Sandra L.  Weber, and Christopher H. Wiles, Vice Presidents;
          Thomas R. Donahue, Treasurer; and Stephen A. Keen, Secretary.  The
          business address of each of the Officers of the investment adviser
          is Federated Investors Tower, Pittsburgh, PA 15222-3779.  These
          individuals are also officers of a majority of the investment
          advisers to the Funds listed in Part B of this Registration
          Statement under "The Funds."



13.  Response is incorporated by reference to Registrant's Post-Effective
     Amendment No. 17 on Form N-1A filed February 2, 1993 (File Nos. 2-91776
     and 811-3984).


Item 29.  Principal Underwriters:

      (a) Federated Securities Corp., the Distributor for shares of the
             Registrant, also acts as principal underwriter for the following
             open-end investment companies: American Leaders Fund, Inc.;
             Annuity Management Series; Arrow Funds; Automated Government
             Money Trust; BayFunds;  The Biltmore Funds; The Biltmore
             Municipal Funds; Blanchard Funds; Blanchard Precious Metals Fund,
             Inc.; Cash Trust Series, Inc.; Cash Trust Series II; DG Investor
             Series; Edward D. Jones & Co. Daily Passport Cash Trust;
             Federated ARMs Fund; Federated Equity Funds; Federated GNMA
             Trust; Federated Government Trust; Federated High Yield Trust;
             Federated Income Securities Trust; Federated Income Trust;
             Federated Index Trust; Federated Institutional Trust; Federated
             Master Trust; Federated Municipal Trust; Federated Short-Term
             Municipal Trust; Federated Short-Term U.S. Government Trust;
             Federated Stock Trust; Federated Tax-Free Trust; Federated Total
             Return Series, Inc.; Federated U.S. Government Bond Fund;
             Federated U.S. Government Securities Fund: 1-3 Years; Federated
             U.S. Government Securities Fund: 3-5 Years; Federated
             U.S. Government Securities Fund: 5-10 Years;First Priority Funds;
             Fixed Income Securities, Inc.; Fortress Adjustable Rate U.S.
             Government Fund, Inc.; Fortress Municipal Income Fund, Inc.;
             Fortress Utility Fund, Inc.; Fund for U.S. Government Securities,
             Inc.; Government Income Securities, Inc.; High Yield Cash Trust;
             Independence One Mutual Funds; Insurance Management Series;
             Intermediate Municipal Trust; International Series Inc.;
             Investment Series Funds, Inc.; Investment Series Trust; Liberty
             Equity Income Fund, Inc.; Liberty High Income Bond Fund, Inc.;
             Liberty Municipal Securities Fund, Inc.; Liberty U.S. Government
             Money Market Trust; Liberty Utility Fund, Inc.; Liquid Cash
             Trust; Managed Series Trust; Marshall Funds, Inc.; Money Market
             Management, Inc.; Money Market Obligations Trust; Money Market
             Trust; The Monitor Funds; Municipal Securities Income Trust;
             Newpoint Funds; 111 Corcoran Funds; Peachtree Funds; The Planters
             Funds; RIMCO Monument Funds; SouthTrust Vulcan Funds; Star Funds;
             The Starburst Funds; The Starburst Funds II; Stock and Bond Fund,
             Inc.; Targeted Duration Trust; Tax-Free Instruments Trust; Tower
             Mutual Funds; Trust for Financial Institutions; Trust for
             Government Cash Reserves; Trust for Short-Term U.S. Government
             Securities; Trust for U.S. Treasury Obligations; The Virtus
             Funds; Vision Group of Funds, Inc.; and World Investment Series,
             Inc.

             Federated Securities Corp. also acts as principal underwriter for
             the following closed-end investment company:  Liberty Term Trust,
             Inc.- 1999.



               (b)

       (1)                      (2)                   (3)
Name and Principal        Positions and Offices Positions and Offices
 Business Address            With Underwriter               With Registrant


Richard B. Fisher         Director, Chairman, Chief    Vice President
Federated Investors Tower Executive Officer, Chief
Pittsburgh, PA 15222-3779 Operating Officer, Asst.
                          Secretary, and Asst.
                          Treasurer, Federated
                          Securities Corp.

Edward C. Gonzales        Director, Executive ViceExecutive Vice
Federated Investors Tower President, Federated,   President
Pittsburgh, PA 15222-3779 Securities Corp.

John W. McGonigle         Director, Federated     Executive Vice
Federated Investors Tower Securities Corp.        President and
Pittsburgh, PA 15222-3779                         Secretary

John B. Fisher            President-Institutional Sales,    --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

James F. Getz             President-Broker/Dealer,     --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Mark R. Gensheimer        Executive Vice President of       --
Federated Investors Tower Bank/Trust, Federated
Pittsburgh, PA 15222-3779 Securities Corp.

Mark W. Bloss             Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Richard W. Boyd           Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Theodore Fadool, Jr.      Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Bryant R. Fisher          Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Christopher T. Fives      Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

James S. Hamilton         Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779


       (1)                      (2)                   (3)
Name and Principal        Positions and Offices Positions and Offices
 Business Address            With Underwriter     With Registrant


James M. Heaton           Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Keith Nixon               Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Solon A. Person, IV       Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Timothy C. Pillion        Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Thomas E. Territ          Senior Vice President,       --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

John B. Bohnet            Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Byron F. Bowman           Vice President, Secretary,        --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Jane E. Broeren-Lambesis  Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Mary J. Combs             Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

R. Edmond Connell, Jr.    Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Kevin J. Crenny           Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Daniel T. Culbertson      Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

G. Michael Cullen         Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

       (1)                      (2)                   (3)
Name and Principal        Positions and Offices Positions and Offices
 Business Address            With Underwriter     With Registrant

Laura M. Deger            Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Jill Ehrenfeld            Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Mark D. Fisher            Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Michael D. Fitzgerald     Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Joseph D. Gibbons         Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Craig S. Gonzales         Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Richard C. Gonzales       Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Scott A. Hutton           Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

H. Joseph Kenedy          Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

William E. Kugler         Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Steven A. La Versa        Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Mark J. Miehl             Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Richard C. Mihm           Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779


       (1)                      (2)                   (3)
Name and Principal        Positions and Offices Positions and Offices
 Business Address            With Underwriter     With Registrant


J. Michael Miller         Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Michael P. O'Brien        Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Robert D. Oehlschlager    Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Robert F. Phillips        Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Eugene B. Reed            Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Paul V. Riordan           Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

John C. Shelar, Jr.       Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

David W. Spears           Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Jeffrey A. Stewart        Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Jamie M. Teschner         Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

William C. Tustin         Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Paul A. Uhlman            Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Richard B. Watts          Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779


       (1)                      (2)                   (3)
Name and Principal        Positions and Offices Positions and Offices
 Business Address         With Underwriter         With Registrant
Michael P. Wolff          Vice President,              --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Charlene H. Jennings      Assistant Vice President,         --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

J. Timothy Radcliff       Assistant Vice President,         --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779


Denis McAuley             Treasurer,                   --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

Thomas R. Donahue         Asstistant Secretary,        --
Federated Investors Tower Assistant Treasurer,
Pittsburgh, PA 15222-3779 Federated Securities Corp.

Joseph M. Huber           Assistant Secretary,         --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779

David M. Taylor           Assistant Secretary,     Treasurer
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779


     (c)  Not applicable.


Item 30.  Location of Accounts and Records:

All accounts and records required to be maintained by Section 31(a) of the
Investment Company Act of 1940 and Rules 31a-1 through 31a-3 promulgated
thereunder are maintained at one of the following locations:

Registrant                              Federated Investors Tower
                                   Pittsburgh, PA 15222-3779

Federated Services Company              Federated Investors Tower
("Transfer Agent and Dividend           Pittsburgh, PA 15222-3779
Disbursing Agent")

Federated Administrative Services       Federated Investors Tower
("Administrator")                       Pittsburgh, PA 15222-3779

Federated Global Research Corp.         175 Water Street
("Adviser")                             New York, New York 10038-4965

State Street Bank and Trust Co.         P.O. Box 8604
("Custodian")                      Boston, MA 02266-8604


Item 31.  Management Services:  Not applicable.


Item 32.  Undertakings:

          Registrant hereby undertakes to comply with the provisions of
          Section 16(c) of the 1940 Act with respect to the removal of
          Directors and the calling of special shareholder meetings by
          shareholders.

          Registrant hereby undertakes to furnish each person to whom a
          prospectus is delivered, a copy of the Registrant's latest annual
          report to shareholders, upon request and without charge.



                                  SIGNATURES
   Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant, INTERNATIONAL SERIES, INC.,
certifies that it meets all of the requirements for effectiveness of this
Amendment to its Registration Statement pursuant to Rule 485(b) under the
Securities Act of 1933 and has duly caused this Amendment to its Registration
Statement to be signed on its behalf by the undersigned, thereto duly
authorized, in the City of Pittsburgh and Commonwealth of Pennsylvania, on the
25th day of April, 1996.

                          INTERNATIONAL SERIES, INC.
               BY: /s/ Karen Brownlee
               Karen Brownlee, Assistant Secretary
               Attorney in Fact for John F. Donahue
               April   25, 1996

   Pursuant to the requirements of the Securities Act of 1933, this Amendment
to its Registration Statement has been signed below by the following person in
the capacity and on the date indicated:

   NAME                       TITLE                         DATE

By:/s/ Karen Brownlee              Attorney in Fact       April  25, 1996
   Karen Brownlee             for the Persons
   ASSISTANT SECRETARY        Listed Below

   NAME                       TITLE

John F. Donahue*            Chairman and Director
                            (Chief Executive Officer)

Glen R. Johnson*            President

J. Christopher Donahue*     Executive Vice President

Edward C. Gonzales*         Executive Vice President
                            (Principal Financial and
                            Accounting Officer)

David M. Taylor*            Treasurer

Thomas G. Bigley*           Director

John T. Conroy, Jr.*        Director

William J. Copeland*        Director

James E. Dowd*              Director

Lawrence D. Ellis, M.D.*    Director

Edward L. Flaherty, Jr.*    Director


* By Power of Attorney


Peter E. Madden*            Director

Gregor F. Meyer*            Director

John E. Murray, Jr.*        Director

Wesley W. Posvar*           Director

Marjorie P. Smuts*          Director




                                           Exhbit (10) under form N-1A


               HOUSTON, HOUSTON & DONNELLY
                    ATTORNEYS AT LAW
                 2510 CENTRE CITY TOWER
WILLIAM McC. HOUSTONPITTSBURGH, PA.  15222
FRED CHALMERS HOUSTON, JR.
                          ----------
THOMAS J. DONNELLY
                     (412) 471-5828      FRED CHALMERS HOUSTON
                                           (1914 - 1971)


JOHN F. MECK

                               August 15, 1984


The Trustees of
FT International Trust
421 Seventh Avenue
Pittsburgh, PA 15219

Gentlemen:

     FT International Trust ("Trust") proposes to offer and sell Shares of
Beneficial Interest ("Shares") in the manner and on the terms set forth in its
Registration Statement filed with the Securities and Exchange Commission under
the Securities Act of 1933, as amended.

     As counsel we have participated in the organization of the Trust, its
registration under the Investment Company Act of 1940 and the preparation and
filing of its Registration Statement under the Securities Act of 1933.  We
have examined and are familiar with the provisions of the written Declaration
of Trust dated March 9, 1984, ("Declaration of Trust"), the Bylaws of the
Trust and such other documents and records deemed relevant.  We have also
reviewed questions of law and consulted with counsel thereon as deemed
necessary or appropriate by use for the purposes of this opinion.

     Based on the foregoing, it is our opinion that:

     1.   The Trust is duly organized and validly existing pursuant to the
Declaration of Trust.

     2.   The Shares which are currently being registered by the amended
Registration Statement referred to above may be legally and validly issued
from time to time in accordance with the Declaration of Trust upon receipt of
consideration sufficient to comply with the provisions of Article III, Section
3, of the Declaration of Trust and subject to compliance with the Securities
Act of 1933, as amended, the Investment Company Act of 1940, as amended, and
applicable


The Trustees of
FT International Trust
August 15, 1984
Page 2







state laws regulating the sale of securities.  Such Shares, when so issued,
will be fully paid and non-assessable.

     We consent to your filing this opinion as an exhibit to the Registration
Statement referred to above and to any application or registration statement
filed under the securities laws of any of the States of the United States.  We
further consent to the reference to our firm under the caption "Legal Counsel
and Accountants" in the prospectus filed as a part of such amended
Registration Statement, applications and registration statements.

                              Very truly yours,

                              HOUSTON, HOUSTON & DONNELLY


                              BY: /s/ Thomas J. Donnelly




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