MARKET STREET FUND INC
NSAR-B, 1998-02-26
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<PAGE>      PAGE  1
000 B000000 12/31/97
000 C000000 0000772034
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 MARKET STREET FUND, INC.
001 B000000 811-4350
001 C000000 3027912919
002 A000000 1205 WESTLAKE DRIVE
002 B000000 BERWYN
002 C000000 PA
002 D010000 19312
002 D020000 2405
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  7
007 C010100  1
007 C020100 THE GROWTH PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 THE MONEY MARKET PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 THE BOND PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 THE MANAGED PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 THE AGGRESSIVE GROWTH PORTFOLIO
007 C030500 N
007 C010600  6
007 C020600 THE INTERNATIONAL PORTFOLIO
007 C030600 N
007 C010700  7
007 C010800  8
007 C020800 THE SENTINEL GROWTH PORTFOLIO
007 C030800 N
007 C010900  9
007 C011000 10
010 A00AA01 PFPC INC
010 B00AA01 85-1196
010 C01AA01 WILMINGTON
010 C02AA01 DE
<PAGE>      PAGE  2
010 C03AA01 19809
011 A00AA01 PML SECURITIES
011 B00AA01 8-14657
011 C01AA01 BERWYN
011 C02AA01 PA
011 C03AA01 19312
012 A00AA01 PFPC INC
012 B00AA01 85-1196
012 C01AA01 WILMINGTON
012 C02AA01 DE
012 C03AA01 19809
013 A00AA01 COOPERS AND LYBRAND
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
014 A00AA01 PML SECURITIES
014 B00AA01 8-14657
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 MERRILL LYNCH, PIERCE FENNER & SMITH
020 B000001 13-5674085
020 C000001    197
020 A000002 SMITH BARNEY HARRIS UPHAM
020 B000002 13-1912900
020 C000002    109
020 A000003 MORGAN STANKEY & CO.
020 B000003 13-2642206
020 C000003     45
020 A000004 LEHMAN BROTHERS
020 B000004 13-5659485
020 C000004     43
020 A000005 ALEX BROWN & SONS
020 B000005 52-1715615
020 C000005     34
020 A000006 RAYMOND JAMES
020 B000006 59-1237041
020 C000006     33
020 A000007 DONALDSON, LUFKIN & JENRETTE SECURITIES
020 B000007 13-2741729
020 C000007     33
020 A000008 GOLDMAN SACHS & CO.
020 B000008 13-5108880
020 C000008     26
020 A000009 HEMBRECHT & QUIST
020 B000009 13-3558748
020 C000009     24
020 A000010 BERNSTEIN (SANFORD C.) & CO.
020 B000010 13-2625874
020 C000010     21
021  000000      824
<PAGE>      PAGE  3
022 A000001 MERRILL LYNCH, PIERCE FENNER & SMITH
022 B000001 13-5674085
022 C000001    320037
022 D000001     84685
022 A000002 BENEFICIAL CORP.
022 B000002 51-0003820
022 C000002    124826
022 D000002      7450
022 A000003 PRUDENTIAL SECURITIES
022 B000003 22-2347336
022 C000003    123085
022 D000003      1308
022 A000004 CIT GROUP HOLDINGS
022 B000004 13-2994534
022 C000004     77108
022 D000004      2197
022 A000005 SMITH BARNEY HARRIS UPHAM
022 B000005 13-1912900
022 C000005     58671
022 D000005     43021
022 A000006 FIRST CHICAGO CAPITAL MARKETS
022 B000006 36-3595942
022 C000006     46659
022 D000006         0
022 A000007 GENERAL ELECTRIC CAPITAL CORP.
022 B000007 13-1500700
022 C000007     38166
022 D000007      1996
022 A000008 TEXACO INC.
022 B000008 74-1383447
022 C000008     31977
022 D000008         0
022 A000009 PAINE, WEBBER JACKSON & CURTIS INC.
022 B000009 13-2638166
022 C000009     30239
022 D000009         0
022 A000010 NORWEST FINANCIAL
022 B000010 42-1186565
022 C000010     29791
022 D000010         0
023 C000000    1596418
023 D000000     379635
024  00AA00 N
025 D00AA01       0
025 D00AA02       0
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025 D00AA04       0
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025 D00AA07       0
025 D00AA08       0
<PAGE>      PAGE  4
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
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036 B00AA00      0
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038  00AA00      0
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042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
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043  00AA00      0
044  00AA00      0
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 N
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
<PAGE>      PAGE  5
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 N
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080 A00AA00 NATIONAL UNION FIRE INS.CO.
080 C00AA00      600
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<PAGE>      PAGE  6
086 B020000      0
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008 A000101 SENTINEL ADVISORS COMPANY
008 B000101 A
008 C000101 801-43078
008 D010101 MONTPELIER
008 D020101 VT
008 D030101 05604
015 A000101 PNC BANK, N.A.
015 B000101 C
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015 C020101 PA
015 C030101 19113
015 E010101 X
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045  000100 Y
<PAGE>      PAGE  7
046  000100 N
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066 A000100 Y
066 B000100 N
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066 D000100 N
066 E000100 N
066 F000100 N
<PAGE>      PAGE  8
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 N
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
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
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<PAGE>      PAGE  9
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072DD010100     4691
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073 A010100   0.3835
073 A020100   0.0000
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073 C000100   0.0000
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074 D000100        0
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<PAGE>      PAGE  10
074 R040100      192
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074 V010100  1946.00
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074 X000100        7
074 Y000100        0
075 A000100        0
075 B000100   226761
076  000100     0.00
008 A000201 SENTINEL ADVISORS COMPANY
008 B000201 A
008 C000201 801-43078
008 D010201 MONTPELIER
008 D020201 VT
008 D030201 05604
015 A000201 PNC BANK, N.A.
015 B000201 C
015 C010201 LESTER
015 C020201 PA
015 C030201 19113
015 E010201 X
028 A010200      8984
028 A020200       260
028 A030200         0
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028 C040200      9474
028 D010200     14629
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028 D040200     11191
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028 E020200       295
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028 E040200      9635
028 F010200      9896
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028 F030200         0
028 F040200     13422
028 G010200     64862
028 G020200      1675
<PAGE>      PAGE  11
028 G030200         0
028 G040200     63115
028 H000200         0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.250
048 A010200        0
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048 B010200        0
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048 C010200        0
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062 A000200 Y
062 B000200   0.0
062 C000200   3.3
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062 F000200   0.0
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062 H000200   0.0
062 I000200  92.4
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062 K000200   0.0
062 L000200   4.3
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062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200  23
063 B000200  0.0
064 A000200 N
064 B000200 N
<PAGE>      PAGE  12
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200         0
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
074 R040200      356
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008 A000301 SENTINEL ADVISORS COMPANY
008 B000301 A
008 C000301 801-43078
008 D010301 MONTPELIER
008 D020301 VT
008 D030301 05604
015 A000301 PNC BANK, N.A.
015 B000301 C
015 C010301 LESTER
015 C020301 PA
015 C030301 19113
015 E010301 X
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<PAGE>      PAGE  15
028 G030300         0
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045  000300 Y
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<PAGE>      PAGE  16
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 N
070 N020300 N
070 O010300 Y
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070 Q020300 N
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
074 R040300       96
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008 A000401 SENTINEL ADVISORS COMPANY
008 B000401 A
008 C000401 801-43078
008 D010401 MONTPELIER
008 D020401 VT
008 D030401 05604
015 A000401 PNC BANK, N.A.
015 B000401 C
015 C010401 LESTER
015 C020401 PA
015 C030401 19113
015 E010401 X
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<PAGE>      PAGE  19
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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<PAGE>      PAGE  30
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<PAGE>      PAGE  31
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SIGNATURE   KATHY THREN                                  
TITLE       COUNSEL             
 


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<TABLE> <S> <C>

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<CIK> 0000772034
<NAME> MARKET STREET FUND, INC.
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   <NAME> THE MANAGED PORTFOLIO
       
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   <NAME> AGGRESSIVE GROWTH PORTFOLIO
       
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<NAME> MARKET STREET FUND, INC.
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   <NAME> INTERNATIONAL PORTFOLIO
       
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000772034
<NAME> MARKET STREET FUND, INC.
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   <NAME> SENTINEL GROWTH PORTFOLIO
       
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