<PAGE> PAGE 1
000 B000000 11/30/94
000 C000000 753901
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 BABSON VALUE FUND, INC
001 B000000 811-4114
001 C000000 8164715200
002 A000000 THREE CROWN CENTER, 2440 PERSHING ROAD
002 B000000 KANSAS CITY
002 C000000 MO
002 D010000 64108
002 D020000 2561
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
020 A000001 LIPPER ANALYTICAL DISTRIBUTORS, INC
020 C000001 23
020 A000002 FOX PITT CELTON
020 C000002 13
020 A000003 MORGAN KEEGAN
020 C000003 13
020 A000004 SHELBY CULLOM
020 C000004 13
020 A000005 PAINE WEBBER
020 C000005 11
020 A000006 PRUDENTIAL BACHE
020 C000006 10
020 A000007 BROWN BROTHERS
020 C000007 8
020 A000008 C L KING & ASSOCIATES
020 C000008 6
020 A000009 FIRST ANALYSIS
020 C000009 6
<PAGE> PAGE 2
020 A000010 CANTOR FITZGERALD & CO
020 C000010 6
021 000000 187
022 A000001 UMB BANK, NA
022 C000001 954830
022 D000001 664
022 A000002 MORGAN STANLEY & CO
022 C000002 397
022 D000002 396
022 A000003 SALOMON BROS
022 C000003 741
022 D000003 0
022 A000004 GOLDMAN, SACHS & CO
022 C000004 413
022 D000004 0
022 A000005 PRUDENTIAL BACHE
022 C000005 375
022 D000005 0
022 A000006 SMITH BARNEY, HARRIS UPHAM
022 C000006 143
022 D000006 0
022 A000007 CS FIRST BOSTON CORP
022 C000007 126
022 D000007 0
022 A000008 HERZOG HEINE GEDULD
022 C000008 119
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 957144
023 D000000 1060
028 A010000 20318
028 A020000 266
028 A030000 0
028 A040000 1315
028 B010000 11266
028 B020000 0
028 B030000 0
028 B040000 1476
028 C010000 16574
028 C020000 0
028 C030000 0
028 C040000 5087
028 D010000 16719
028 D020000 273
028 D030000 0
028 D040000 2940
028 E010000 9582
028 E020000 0
<PAGE> PAGE 3
028 E030000 0
028 E040000 3341
028 F010000 7745
028 F020000 0
028 F030000 0
028 F040000 4757
028 G010000 82204
028 G020000 539
028 G030000 0
028 G040000 18916
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
055 A000000 Y
055 B000000 N
056 000000 Y
057 000000 N
061 000000 1000
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
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 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
071 A000000 85287
071 B000000 9972
071 C000000 69790
<PAGE> PAGE 4
071 D000000 14
072 A000000 12
072 B000000 349
072 C000000 2143
072 D000000 0
072 E000000 0
072 F000000 710
072 G000000 0
072 H000000 0
072 I000000 0
072 J000000 0
072 K000000 0
072 L000000 0
072 M000000 0
072 N000000 33
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 0
072 S000000 0
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 0
072 X000000 743
072 Y000000 0
072 Z000000 1749
072AA000000 2907
072BB000000 0
072CC010000 0
072CC020000 4772
072DD010000 1016
072DD020000 0
072EE000000 1552
073 A010000 0.3982
073 A020000 0.0000
073 B000000 0.9109
073 C000000 0.0000
074 A000000 773
074 B000000 0
074 C000000 5000
074 D000000 900
074 E000000 0
074 F000000 112195
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 255
074 K000000 0
074 L000000 443
074 M000000 0
<PAGE> PAGE 5
074 N000000 119566
074 O000000 0
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 0
074 S000000 0
074 T000000 119566
074 U010000 4746
074 U020000 0
074 V010000 25.19
074 V020000 0.00
074 W000000 0.0000
074 X000000 14375
074 Y000000 0
075 A000000 0
075 B000000 75194
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 CONTINENTAL INSURANCE CO
080 C000000 8500
081 A000000 Y
081 B000000 20
082 A000000 Y
082 B000000 50
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 N
<PAGE> PAGE 6
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 MICHAEL A BRUMMEL
TITLE VICE PRESIDENT
