BASCOM HILL BALANCED FUND INC
NSAR-A, 1996-02-27
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<PAGE>      PAGE  1
000 A000000 06/30/95
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001 A000000 BASCOM HILL BALANCED FUND, INC.
001 B000000 811-4825
001 C000000 6082740300
002 A000000 6411 MINERAL POINT ROAD
002 B000000 MADISON
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002 D010000 53705
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008 B000001 A
008 C000001 801-9840
008 D010001 MADISON
008 D020001 WI
008 D030001 53705
012 A000001 FIRSTAR TRUST COMPANY
012 B000001 85-00410
012 C010001 MILWAUKEE
012 C020001 WI
012 C030001 53202
013 A000001 WILLIAMS, YOUNG & ASSOCIATES
013 B010001 MADISON
013 B020001 WI
013 B030001 53708
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<PAGE>      PAGE  2
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022 A000002 DAIN BOSWORTH
022 B000002 41-1414269
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022 A000004 DONALDSON, LUFKIN & JENRETTE
022 B000004 13-2741729
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022 A000005 ISI GROUP, INC.
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022 B000006 36-2679547
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SIGNATURE   JACQUELINE A. STOPPLEWORTH                   
TITLE       ASST. SECRETARY     
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BASCOM HILL
BALANCED FUND, INC., JUNE 30, 1995 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH SEMI-ANNUAL REPORT.
</LEGEND>
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<INVESTMENTS-AT-COST>                             9659
<INVESTMENTS-AT-VALUE>                           10206
<RECEIVABLES>                                      342
<ASSETS-OTHER>                                       6
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   10554
<PAYABLE-FOR-SECURITIES>                           101
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           22
<TOTAL-LIABILITIES>                                123
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          9377
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              5
<NUMBER-OF-SHARES-REDEEMED>                         33
<SHARES-REINVESTED>                                  4
<NET-CHANGE-IN-ASSETS>                           (496)
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<AVERAGE-NET-ASSETS>                             10089
<PER-SHARE-NAV-BEGIN>                            20.12
<PER-SHARE-NII>                                    .40
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<PER-SHARE-DIVIDEND>                               .20
<PER-SHARE-DISTRIBUTIONS>                          .20
<RETURNS-OF-CAPITAL>                                 0
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<EXPENSE-RATIO>                                     .7
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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