PRIMARY TREND FUND INC
NSAR-A, 1998-02-25
Previous: LANDMARK TAX FREE INCOME FUNDS, NSAR-B, 1998-02-25
Next: ADDISON CAPITAL SHARES INC, NSAR-A, 1998-02-25



<PAGE>      PAGE  1
000 A000000 12/31/97
000 C000000 0000794801
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 THE PRIMARY TREND FUND, INC.
001 B000000 811-4704
001 C000000 4142717870
002 A000000 700 N. WATER STREET
002 B000000 MILWAUKEE
002 C000000 WI
002 D010000 53202
002 D020000 4206
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
008 A000001 ARNOLD INVESTMENT COUNSEL INCORPORATED
008 B000001 A
008 C000001 801-13754
008 D010001 MILWAUKEE
008 D020001 WI
008 D030001 53202
008 D040001 4206
010 A000001 SUNSTONE FINANCIAL GROUP, INC.
010 C010001 MILWAUKEE
010 C020001 WI
010 C030001 53202
012 A000001 FIRSTAR TRUST COMPANY
012 B000001 85-00410
012 C010001 MILWAUKEE
012 C020001 WI
012 C030001 53202
013 A000001 ERNST & YOUNG LLP
013 B010001 MILWAUKEE
<PAGE>      PAGE  2
013 B020001 WI
013 B030001 53202
015 A000001 FIRSTAR TRUST COMPANY
015 B000001 C
015 C010001 MILWAUKEE
015 C020001 WI
015 C030001 53202
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000    3
019 C000000 PRIMRYTRND
020 A000001 PAINE WEBBER, INC.
020 B000001 13-2638166
020 C000001      9
020 A000002 STANDARD & POOR'S
020 B000002 13-2671951
020 C000002      3
020 A000003 BEAR STEARNS & CO., INC.
020 B000003 13-3299429
020 C000003      3
020 A000004 PCS SECURITIES, INC.
020 B000004 94-3091854
020 C000004      2
020 A000005 KALB VOORHIS & CO., LLC
020 B000005 13-5549000
020 C000005      2
020 A000006 NORDBERG CAPITAL, INC.
020 B000006 13-2975128
020 C000006      1
020 A000007 LEGG MASON WOOD WALKER, INC.
020 B000007 52-0902557
020 C000007      1
020 A000008 REYNDERS, GRAY & CO.
020 B000008 13-2942212
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       21
022 A000001 FIRSTAR BANK MILWAUKEE
022 B000001 39-0281260
022 C000001      8556
022 D000001      6755
022 A000002 SOUTHWEST SECURITIES INC.
022 B000002 75-1382137
022 C000002       400
022 D000002         0
022 A000003 HOWE BARNES INVESTMENTS, INC.
022 B000003 36-2643382
022 C000003       103
022 D000003         0
<PAGE>      PAGE  3
022 A000004 SANDS BROTHERS & CO.,LTD
022 B000004 13-3570873
022 C000004        90
022 D000004         0
022 C000005         0
022 D000005         0
022 C000006         0
022 D000006         0
022 C000007         0
022 D000007         0
022 C000008         0
022 D000008         0
022 C000009         0
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000       9149
023 D000000       6755
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
028 A010000       130
028 A020000         0
028 A030000         0
028 A040000       132
028 B010000        21
028 B020000      2816
028 B030000         0
028 B040000        71
028 C010000        65
028 C020000         0
028 C030000         0
028 C040000       305
028 D010000        26
028 D020000         0
<PAGE>      PAGE  4
028 D030000         0
028 D040000        89
028 E010000       133
028 E020000         0
028 E030000         0
028 E040000       184
028 F010000        18
028 F020000      1140
028 F030000         0
028 F040000       292
028 G010000       393
028 G020000      3956
028 G030000         0
028 G040000      1073
028 H000000         0
029  000000 N
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
033  000000      0
034  000000 N
035  000000      0
036 B000000      0
037  000000 N
038  000000      0
039  000000 N
040  000000 N
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      0
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.740
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
<PAGE>      PAGE  5
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056  000000 Y
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
060 B000000 Y
061  000000      500
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
<PAGE>      PAGE  6
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
063 A000000   0
063 B000000  0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 Y
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 N
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 N
070 M020000 N
070 N010000 N
<PAGE>      PAGE  7
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000      2194
071 B000000      4740
071 C000000     21485
071 D000000   10
072 A000000  6
072 B000000       77
072 C000000      168
072 D000000        0
072 E000000        0
072 F000000       91
072 G000000       18
072 H000000        0
072 I000000       15
072 J000000        3
072 K000000        3
072 L000000        2
072 M000000        1
072 N000000        4
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000        6
072 S000000        3
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000        2
072 X000000      148
072 Y000000        0
072 Z000000       97
072AA000000     1920
072BB000000       31
072CC010000       78
072CC020000        0
072DD010000       97
072DD020000        0
072EE000000     4024
073 A010000   0.0558
073 A020000   0.0000
073 B000000   2.5065
073 C000000   0.0000
074 A000000        0
<PAGE>      PAGE  8
074 B000000        0
074 C000000     3612
074 D000000      400
074 E000000      471
074 F000000    19892
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000        0
074 K000000        0
074 L000000       60
074 M000000        7
074 N000000    24442
074 O000000        0
074 P000000       16
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000        2
074 S000000        0
074 T000000    24424
074 U010000     1814
074 U020000        0
074 V010000    13.47
074 V020000     0.00
074 W000000   0.0000
074 X000000     1107
074 Y000000        0
075 A000000        0
075 B000000    24277
076  000000     0.00
077 A000000 Y
077 B000000 N
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 Y
077 Q020000 N
077 Q030000 N
<PAGE>      PAGE  9
078  000000 N
080 A000000 AETNA CASUALTY AND SURETY COMPANY
080 C000000      525
081 A000000 Y
081 B000000   2
082 A000000 N
082 B000000        0
SIGNATURE   JIM ARNOLD                                   
TITLE       ADMINISTRATOR       
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000794801
<NAME> THE PRIMARY TREND FUND, INC.
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1998
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       19,553,463
<INVESTMENTS-AT-VALUE>                      24,374,278
<RECEIVABLES>                                   60,200
<ASSETS-OTHER>                                   7,376
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              24,441,854
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       17,482
<TOTAL-LIABILITIES>                             17,482
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    18,802,128
<SHARES-COMMON-STOCK>                        1,813,732
<SHARES-COMMON-PRIOR>                        1,566,337
<ACCUMULATED-NII-CURRENT>                           78
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        801,351
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     4,820,815
<NET-ASSETS>                                24,424,372
<DIVIDEND-INCOME>                              168,118
<INTEREST-INCOME>                               76,856
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (148,448)
<NET-INVESTMENT-INCOME>                         96,526
<REALIZED-GAINS-CURRENT>                     1,888,624
<APPREC-INCREASE-CURRENT>                       78,613
<NET-CHANGE-FROM-OPS>                        2,063,763
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (97,038)
<DISTRIBUTIONS-OF-GAINS>                   (4,023,611)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         27,352
<NUMBER-OF-SHARES-REDEEMED>                     75,389
<SHARES-REINVESTED>                            295,432
<NET-CHANGE-IN-ASSETS>                       1,218,729
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    2,936,928
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           91,029
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                148,448
<AVERAGE-NET-ASSETS>                        24,277,246
<PER-SHARE-NAV-BEGIN>                            14.82
<PER-SHARE-NII>                                   0.06
<PER-SHARE-GAIN-APPREC>                           1.15
<PER-SHARE-DIVIDEND>                            (0.06)
<PER-SHARE-DISTRIBUTIONS>                       (2.50)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.47
<EXPENSE-RATIO>                                   1.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission