SCUDDER GLOBAL FUND INC
NSAR-B, 1997-09-11
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<PAGE>      PAGE  1
000 B000000 06/30/97
000 C000000 793597
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 SCUDDER GLOBAL FUND, INC.
001 B000000 811-4670
001 C000000 6172952567
002 A000000 TWO INTERNATIONAL PLACE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
002 D020000 4103
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C020100 SCUDDER GLOBAL FUND
007 C030100 N
007 C010200  2
007 C020200 SCUDDER INTERNATIONAL BOND 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
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   50
019 C00AA00 SCUDDERRRR
020 A000001 MORGAN STANLEY
020 B000001 13-2655998
020 C000001    254
020 A000002 MERRILL LYNCH
020 B000002 13-5674085
020 C000002    210
020 A000003 UBS SECURITIES
020 B000003 13-3873456
020 C000003    154
020 A000004 DEUTSCHE BANK
<PAGE>      PAGE  2
020 B000004 13-6124068
020 C000004    147
020 A000005 CREDIT SUISSE
020 B000005 13-5659485
020 C000005    110
020 A000006 GOLDMAN SACHS
020 B000006 13-5108880
020 C000006    106
020 A000007 BANK BAER
020 C000007     95
020 A000008 VONTOBEL
020 C000008     81
020 A000009 KLEINWORT BENSON
020 B000009 13-2647786
020 C000009     78
020 A000010 LEHMAN BROS.
020 B000010 13-2518466
020 C000010     70
021  000000     2465
022 A000001 KLEINWORT BENSON
022 B000001 13-2647786
022 C000001    104572
022 D000001     44084
022 A000002 MERRILL LYNCH
022 B000002 13-5674085
022 C000002     62059
022 D000002     36561
022 A000003 MORGAN STANLEY
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022 D000003     15019
022 A000004 UBS SECURITIES
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022 A000005 GOLDMAN SACHS
022 B000005 13-5108880
022 C000005     44934
022 D000005     25393
022 A000006 DEUTSCHE BANK
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022 C000006     30026
022 D000006     23197
022 A000007 BEAR STEARNS
022 B000007 13-3298429
022 C000007       100
022 D000007     35920
022 A000008 CASENOVE
022 C000008     10301
022 D000008     21076
022 A000009 LEHMAN BROS.
<PAGE>      PAGE  3
022 B000009 13-2518466
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022 D000009     19733
022 A000010 BANK BAER
022 C000010     15324
022 D000010     12746
023 C000000     540991
023 D000000     689752
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026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 Y
026 H000000 N
077 A000000 Y
080 C00AA00        0
081 A00AA00 Y
081 B00AA00 135
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028 A010100     28391
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028 C030100         0
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<PAGE>      PAGE  4
028 G040100    207866
028 H000100         0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.000
048 A010100   500000
048 A020100 1.000
048 B010100   500000
048 B020100 0.950
048 C010100   500000
048 C020100 0.900
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
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048 G020100 0.000
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048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100  1500000
048 K020100 0.850
062 A000100 N
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
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062 Q000100   0.0
062 R000100   0.0
071 A000100    561329
071 B000100    720867
071 C000100   1364405
071 D000100   41
072 A000100 12
<PAGE>      PAGE  5
072 B000100     4817
072 C000100    22861
072 D000100        0
072 E000100        0
072 F000100    13451
072 G000100        0
072 H000100        0
072 I000100     3732
072 J000100     1358
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072 L000100      335
072 M000100       47
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072DD010100    13198
072DD020100        0
072EE000100    72386
073 A010100   0.2800
073 A020100   0.0000
073 B000100   1.5300
073 C000100   0.0000
074 A000100        1
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<PAGE>      PAGE  6
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028 A010200      2445
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028 G010200     27089
028 G020200      5672
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028 G040200    138222
028 H000200         0
062 A000200 Y
062 B000200   0.5
062 C000200   0.0
062 D000200   0.9
<PAGE>      PAGE  7
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   7.3
062 K000200   1.1
062 L000200   0.0
062 M000200   2.1
062 N000200   3.8
062 O000200   0.0
062 P000200   0.0
062 Q000200  84.3
062 R000200   0.0
063 A000200   0
063 B000200  6.9
064 A000200 N
064 B000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 Y
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 Y
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
<PAGE>      PAGE  8
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200   1031365
071 B000200   1308691
071 C000200    345854
071 D000200  298
072 A000200 12
072 B000200    24028
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200     3077
072 G000200        0
072 H000200        0
072 I000200      998
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072 L000200       76
072 M000200       47
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072 S000200       37
072 T000200        0
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072 V000200        0
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072 X000200     4919
072 Y000200        0
072 Z000200    19109
072AA000200        0
072BB000200    16657
072CC010200     4833
072CC020200        0
072DD010200    19109
072DD020200        0
072EE000200        0
073 A010200   0.5800
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
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074 B000200     2135
074 C000200     1215
074 D000200   225242
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<PAGE>      PAGE  9
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074 R040200     1202
074 S000200        0
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074 U010200    22435
074 U020200        0
074 V010200    10.52
074 V020200     0.00
074 W000200   0.0000
074 X000200    17003
074 Y000200        0
075 A000200        0
075 B000200   362004
076  000200     0.00
SIGNATURE   THOMAS F. MCDONOUGH
TITLE       SECRETARY


<TABLE> <S> <C>

<ARTICLE>6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Global Fund Annual Report for the fiscal year ended June 30, 1997 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER>1
<NAME>SCUDDER GLOBAL FUND
       
<S>                                                   <C>
<PERIOD-TYPE>                                         YEAR
<FISCAL-YEAR-END>                                       JUN-30-1997
<PERIOD-START>                                          JUL-01-1996
<PERIOD-END>                                            JUN-30-1997
<INVESTMENTS-AT-COST>                                 1,123,710,516
<INVESTMENTS-AT-VALUE>                                1,592,430,184
<RECEIVABLES>                                            24,891,062
<ASSETS-OTHER>                                              207,427
<OTHER-ITEMS-ASSETS>                                      4,227,447
<TOTAL-ASSETS>                                        1,621,756,120
<PAYABLE-FOR-SECURITIES>                                          0
<SENIOR-LONG-TERM-DEBT>                                           0
<OTHER-ITEMS-LIABILITIES>                                17,290,350
<TOTAL-LIABILITIES>                                      17,290,350
<SENIOR-EQUITY>                                                   0
<PAID-IN-CAPITAL-COMMON>                                994,993,859
<SHARES-COMMON-STOCK>                                    47,646,208
<SHARES-COMMON-PRIOR>                                    47,606,518
<ACCUMULATED-NII-CURRENT>                                26,391,842
<OVERDISTRIBUTION-NII>                                            0
<ACCUMULATED-NET-GAINS>                                 110,150,302
<OVERDISTRIBUTION-GAINS>                                          0
<ACCUM-APPREC-OR-DEPREC>                                472,929,767
<NET-ASSETS>                                          1,604,465,770
<DIVIDEND-INCOME>                                        22,861,165
<INTEREST-INCOME>                                         4,817,364
<OTHER-INCOME>                                                    0
<EXPENSES-NET>                                           19,273,249
<NET-INVESTMENT-INCOME>                                   8,405,280
<REALIZED-GAINS-CURRENT>                                149,183,592
<APPREC-INCREASE-CURRENT>                               167,660,881
<NET-CHANGE-FROM-OPS>                                   325,249,753
<EQUALIZATION>                                                    0
<DISTRIBUTIONS-OF-INCOME>                              (13,198,024)
<DISTRIBUTIONS-OF-GAINS>                               (72,385,950)
<DISTRIBUTIONS-OTHER>                                             0
<NUMBER-OF-SHARES-SOLD>                                   9,673,152
<NUMBER-OF-SHARES-REDEEMED>                            (12,538,581)
<SHARES-REINVESTED>                                       2,905,119
<NET-CHANGE-IN-ASSETS>                                  236,751,084
<ACCUMULATED-NII-PRIOR>                                   9,106,858
<ACCUMULATED-GAINS-PRIOR>                                53,123,352
<OVERDISTRIB-NII-PRIOR>                                           0
<OVERDIST-NET-GAINS-PRIOR>                                        0
<GROSS-ADVISORY-FEES>                                    13,450,790
<INTEREST-EXPENSE>                                            1,214
<GROSS-EXPENSE>                                                   0
<AVERAGE-NET-ASSETS>                                  1,409,290,337
<PER-SHARE-NAV-BEGIN>                                         28.73
<PER-SHARE-NII>                                              (0.17)
<PER-SHARE-GAIN-APPREC>                                      (6.58)
<PER-SHARE-DIVIDEND>                                           0.28
<PER-SHARE-DISTRIBUTIONS>                                      1.53
<RETURNS-OF-CAPITAL>                                           0.00
<PER-SHARE-NAV-END>                                           33.67
<EXPENSE-RATIO>                                                1.37
<AVG-DEBT-OUTSTANDING>                                            0
<AVG-DEBT-PER-SHARE>                                              0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>6
<LEGEND>
     This schedule  contains summary  financial  information  extracted from the
Scudder International Bond Fund Annual Report for the fiscal year ended June 30,
1997 and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER>2
<NAME>Scudder International Bond
       
<S>                                    <C>
<PERIOD-TYPE>                          YEAR
<FISCAL-YEAR-END>                                         JUN-30-1997
<PERIOD-START>                                            JUL-01-1996
<PERIOD-END>                                              JUN-30-1997
<INVESTMENTS-AT-COST>                                     232,442,571
<INVESTMENTS-AT-VALUE>                                    231,030,343
<RECEIVABLES>                                               7,693,165
<ASSETS-OTHER>                                                 64,216
<OTHER-ITEMS-ASSETS>                                           68,253
<TOTAL-ASSETS>                                            238,855,977
<PAYABLE-FOR-SECURITIES>                                      600,518
<SENIOR-LONG-TERM-DEBT>                                             0
<OTHER-ITEMS-LIABILITIES>                                   2,262,274
<TOTAL-LIABILITIES>                                         2,862,792
<SENIOR-EQUITY>                                                     0
<PAID-IN-CAPITAL-COMMON>                                  333,439,815
<SHARES-COMMON-STOCK>                                      22,435,381
<SHARES-COMMON-PRIOR>                                      46,922,766
<ACCUMULATED-NII-CURRENT>                                           0
<OVERDISTRIBUTION-NII>                                   (23,214,640)
<ACCUMULATED-NET-GAINS>                                             0
<OVERDISTRIBUTION-GAINS>                                 (72,335,053)
<ACCUM-APPREC-OR-DEPREC>                                  (1,896,937)
<NET-ASSETS>                                              235,993,185
<DIVIDEND-INCOME>                                                   0
<INTEREST-INCOME>                                          24,028,118
<OTHER-INCOME>                                                      0
<EXPENSES-NET>                                              4,918,920
<NET-INVESTMENT-INCOME>                                    19,109,198
<REALIZED-GAINS-CURRENT>                                 (16,656,519)
<APPREC-INCREASE-CURRENT>                                   4,833,059
<NET-CHANGE-FROM-OPS>                                       7,285,738
<EQUALIZATION>                                                      0
<DISTRIBUTIONS-OF-INCOME>                                (19,109,198)
<DISTRIBUTIONS-OF-GAINS>                                            0
<DISTRIBUTIONS-OTHER>                                               0
<NUMBER-OF-SHARES-SOLD>                                     4,932,206
<NUMBER-OF-SHARES-REDEEMED>                              (30,625,596)
<SHARES-REINVESTED>                                         1,206,004
<NET-CHANGE-IN-ASSETS>                                  (279,449,153)
<ACCUMULATED-NII-PRIOR>                                             0
<ACCUMULATED-GAINS-PRIOR>                                           0
<OVERDISTRIB-NII-PRIOR>                                             0
<OVERDIST-NET-GAINS-PRIOR>                               (86,247,772)
<GROSS-ADVISORY-FEES>                                       3,077,316
<INTEREST-EXPENSE>                                                  0
<GROSS-EXPENSE>                                                     0
<AVERAGE-NET-ASSETS>                                      362,003,701
<PER-SHARE-NAV-BEGIN>                                           10.98
<PER-SHARE-NII>                                                  0.58
<PER-SHARE-GAIN-APPREC>                                        (0.46)
<PER-SHARE-DIVIDEND>                                           (0.58)
<PER-SHARE-DISTRIBUTIONS>                                        0.00
<RETURNS-OF-CAPITAL>                                             0.00
<PER-SHARE-NAV-END>                                             10.52
<EXPENSE-RATIO>                                                  1.36
<AVG-DEBT-OUTSTANDING>                                              0
<AVG-DEBT-PER-SHARE>                                                0
        



</TABLE>

Coopers                                          Coopers & Lybrand L.L.P.
& Lybrand
                                                 a professional services firm



                       REPORT OF INDEPENDENT ACCOUNTANTS


To the Board Directors of Scudder Global Fund, Inc. and to the Shareholders of
Scudder Global Fund:

         In planning and performing our audit of the financial statements and
financial highlights of Scudder Global Fund (the Fund) for the year ended June
30, 1997, we considered the Fund's internal control structure, including
procedures for safeguarding securities, in order to determine our auditing
procedures for the purpose of expressing our opinion on the Fund's financial
statements and financial highlights and to comply with the requirements of Form
N-SAR, not to provide assurance on the control structure.

         The management of Scudder Global Fund is responsible for establishing
and maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of control structure policies and
procedures. Two of the objectives of an internal control structure are to
provide management with reasonable, but not absolute, assurance that assets are
safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.

         Because of inherent limitations in any internal control structure,
errors or irregularities may occur and not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that it may
become inadequate because of changes in conditions or that the effectiveness of
the design and operations may deteriorate.

         Our consideration of the Fund's internal control structure would not
necessarily disclose all matters in the internal control structure that might be
material weaknesses under standards established by the American Institute of
Certified Public Accountants. A material weakness is a condition in which the
design or operation of the specific internal control structure elements does not
reduce to a relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial statements and
financial highlights being audited may occur and not be detected within a timely
period by employees in the normal course of performing their assigned functions.
However, we noted no matters involving the Fund's internal control structure,
including procedures for safeguarding securities, that we consider to be
material weaknesses, as defined above, as of June 30, 1997.

         This report is intended solely for the information and use of
management of Scudder Global Fund and the Securities and Exchange Commission.



                                                     /s/Coopers & Lybrand L.L.P.
Boston, Massachusetts                                COOPERS & LYBRAND L.L.P.
August 20, 1997



    Coopers & Lybrand L.L.P. is a member of Coopers & Lybrand International,
          a limited liability association incorporated in Switzerland.

Coopers                                          Coopers & Lybrand L.L.P.
& Lybrand
                                                 a professional services firm



                       REPORT OF INDEPENDENT ACCOUNTANTS


To the Board of Directors of Scudder Global Fund, Inc. and to the Shareholders
of Scudder International Bond Fund:

         In planning and performing our audit of the financial statements and
financial highlights of Scudder Internationanl Bond Fund (the Fund) for the year
ended June 30, 1997, we considered the Fund's internal control structure,
including procedures for safeguarding securities, in order to determine our
auditing procedures for the purpose of expressing our opinion on the Fund's
financial statements and financial highlights and to comply with the
requirements of Form N-SAR, not to provide assurance on the control structure.

         The management of Scudder International Bond Fund is responsible for
establishing and maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of control structure policies and
procedures. Two of the objectives of an internal control structure are to
provide management with reasonable, but not absolute, assurance that assets are
safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.

         Because of inherent limitations in any internal control structure,
errors or irregularities may occur and not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that it may
become inadequate because of changes in conditions or that the effectiveness of
the design and operations may deteriorate.

         Our consideration of the Fund's internal control structure would not
necessarily disclose all matters in the internal control structure that might be
material weaknesses under standards established by the American Institute of
Certified Public Accountants. A material weakness is a condition in which the
design or operation of the specific internal control structure elements does not
reduce to a relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial statements and
financial highlights being audited may occur and not be detected within a timely
period by employees in the normal course of performing their assigned functions.
However, we noted no matters involving the Fund's internal control structure,
including procedures for safeguarding securities, that we consider to be
material weaknesses, as defined above, as of June 30, 1997.

         This report is intended solely for the information and use of
management of Scudder International Bond Fund and the Securities and Exchange
Commission.

                                                     /s/Coopers & Lybrand L.L.P.
Boston, Massachusetts                                COOPERS & LYBRAND L.L.P.
August 15, 1997



    Coopers & Lybrand L.L.P. is a member of Coopers & Lybrand International,
          a limited liability association incorporated in Switzerland.


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