TOTAL RETURN U S TREASURY FUND INC
NSAR-B, 1995-12-28
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<PAGE>      PAGE  1
000 B000000 10/31/95
000 C000000 0000811160
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 TOTAL RETURN U.S. TREASURY FUND, INC.
001 B000000 811-5040
001 C000000 4107271700
002 A000000 135 E. BALTIMORE STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001   2238534
022 D000001    121677
022 A000002 DONALDSON, LUFKIN, JUNRETTE
022 B000002 13-2741729
022 C000002    340830
022 D000002    291318
022 A000003 SAMPLE LYNCH
022 B000003 N/A
022 C000003    129625
022 D000003    110484
022 A000004 DILLON, READ & CO. INC.
022 B000004 13-2701093
022 C000004      9631
022 D000004     45418
022 A000005 SMITH BARNEY HARRIS UPHAM
022 B000005 13-1912900
022 C000005     29380
022 D000005     16474
022 A000006 SALOMON BROTHERS
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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077 A000000 Y
077 B000000 Y
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080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 C00AA00     9000
<PAGE>      PAGE  5
081 A00AA00 Y
081 B00AA00  13
082 A00AA00 Y
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085 A00AA00 Y
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SIGNATURE   EDWARD J. VEILLEUX                           
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811160
<NAME> TOTAL RETURN U.S. TREASURY FUND, INC.
       
<S>                             <C>
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<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               OCT-31-1995
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<RECEIVABLES>                                  6057783
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       872777
<TOTAL-LIABILITIES>                             872777
<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-PRIOR>                         40731597
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<EQUALIZATION>                                       0
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</TABLE>


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