MERIDIAN FUND INC/NEW
NSAR-A, 1998-02-25
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<PAGE>      PAGE  1
000 A000000 12/31/97
000 C000000 0000745467
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 MERIDIAN FUND, INC.
001 B000000 811-4014
001 C000000 4154616237
002 A000000 60 E. SIR FRANCIS DRAKE BLVD., #306
002 B000000 LARKSPUR
002 C000000 CA
002 D010000 94939
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 MERIDIAN FUND
007 C030100 N
007 C010200  2
007 C020200 MERIDIAN VALUE FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
008 A00AA01 ASTER CAPITAL MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-25268
008 D01AA01 LARKSPUR
008 D02AA01 CA
<PAGE>      PAGE  2
008 D03AA01 94939
012 A00AA01 FPS SERVICES, INC.
012 B00AA01 84-932
012 C01AA01 KING OF PRUSSIA
012 C02AA01 PA
012 C03AA01 19406
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
013 B03AA01 94104
014 A00AA01 MICHAEL STOLPER
014 B00AA01 8-0111646
015 A00AA01 BANK OF NEW YORK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10286
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 HAMBRECT & QUIST
020 B000001 94-2856935
020 C000001     26
020 A000002 MONTGOMERY SECURITIES
020 B000002 94-1701676
020 C000002     22
020 A000003 MCDONALD & CO.
020 B000003 34-1391950
020 C000003     21
020 A000004 EQUITABLE SECURITIES CORP.
020 B000004 62-0871146
020 C000004     21
020 A000005 WILLIAM O'NEIL
020 B000005 95-2269163
020 C000005     19
020 A000006 MORGAN KEEGAN
020 B000006 64-4749073
020 C000006     19
020 A000007 ROBERTSON STEPHENS
020 B000007 94-2524501
020 C000007     14
020 A000008 WILLIAM BLAIR
020 B000008 36-2214610
020 C000008     14
020 A000009 ROBINSON HUMPHREY
020 B000009 58-1472560
020 C000009     12
020 A000010 INSTINET CORP.
020 B000010 13-3443395
020 C000010     11
<PAGE>      PAGE  3
021  000000      228
022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001     96839
022 D000001      9588
022 A000002 BANK OF NEW YORK TREASURY
022 B000002 13-6062916
022 C000002         0
022 D000002      9973
022 A000003 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
022 B000003 13-2741729
022 C000003      3969
022 D000003      1853
022 A000004 MONTGOMERY SECURITIES
022 B000004 94-1701676
022 C000004      2994
022 D000004      2662
022 A000005 MERRILL LYNCH PIERCE FENNER & SMITH INC.
022 B000005 13-5674085
022 C000005      4026
022 D000005       771
022 A000006 ROBERTSON STEPHENS
022 B000006 94-2524501
022 C000006      1315
022 D000006      2879
022 A000007 WILLIAM BLAIR & CO.
022 B000007 36-2214610
022 C000007      1334
022 D000007      2126
022 A000008 PRUDENTIAL BACHE
022 B000008 22-2347336
022 C000008      1995
022 D000008      1326
022 A000009 FIRST ANALYSIS
022 B000009 36-3158137
022 C000009      2998
022 D000009         0
022 A000010 LEHMAN BROS.
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<PAGE>      PAGE  4
025 D00AA08       0
026 A000000 Y
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054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
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054 J00AA00 Y
<PAGE>      PAGE  5
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
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054 O00AA00 Y
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<PAGE>      PAGE  7
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070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
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070 I020100 N
070 J010100 Y
070 J020100 N
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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070 D010200 N
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070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
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<PAGE>      PAGE  11
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
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070 M010200 N
070 M020200 N
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070 O020200 N
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070 Q010200 N
070 Q020200 N
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SIGNATURE   PAUL A. ROBINSON
TITLE       SECRETARY/TREASURER

<TABLE> <S> <C>

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<CIK>  0000745467
<NAME> MERIDIAN FUND,INC.
<SERIES>
   <NUMBER> 1
   <NAME> MERIDIAN FUND
       
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</TABLE>

<TABLE> <S> <C>

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<CIK>  0000745467
<NAME> MERIDIAN FUND, INC.
<SERIES>
   <NUMBER> 2
   <NAME>   MERIDIAN VALUE FUND
       
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</TABLE>


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