ALLIANCE PORTFOLIOS
NSAR-A, 1996-03-28
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<PAGE>      PAGE  1
000 A000000 01/31/96
000 C000000 0000812015
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
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000 J000000 A
001 A000000 THE ALLIANCE PORTFOLIOS
001 B000000 811-05088
001 C000000 2013194000
002 A000000 500 PLAZA DRIVE
002 B000000 SECAUCUS
002 C000000 NJ
002 D010000 07094
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C010200  2
007 C010300  3
007 C020300 STRATEGIC BALANCED FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 ALLIANCE CAPITAL MANAGEMENT L.P.
008 B00AA01 A
008 C00AA01 801-32361
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10105
010 A00AA01 ALLIANCE CAPTIAL MANAGEMENT L.P.
010 B00AA01 801-32361
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10105
011 A00AA01 ALLIANCE FUND DISTRIBUTORS, INC.
011 B00AA01 8-30851
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10105
012 A00AA01 ALLIANCE FUND SERVICES, INC.
<PAGE>      PAGE  2
012 B00AA01 84-0001187
012 C01AA01 SECAUCUS
012 C02AA01 NJ
012 C03AA01 07094
013 A00AA01 PRICE WATERHOUSE, LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
014 A00AA01 DONALDSON LUFKIN & JENRETTE
014 B00AA01 8-00017574
014 A00AA02 PERSHING
014 B00AA02 8-00017574
014 A00AA03 AUTRONET
014 B00AA03 8-00017574
015 A00AA01 STATE STREET BANK AND TRUST CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   50
019 C00AA00 ALLIANCECA
020 A000001 SMITH BARNEY
020 B000001 13-1912900
020 C000001      8
020 A000002 SALOMON BROTHERS INC.
020 B000002 13-3082694
020 C000002      7
020 A000003 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000003 13-5674085
020 C000003      7
020 A000004 C.J. LAWRENCE
020 C000004      7
020 A000005 LEHMAN BROTHERS
020 B000005 13-2518466
020 C000005      5
020 A000006 MONTGOMERY SECURITIES
020 C000006      5
020 A000007 CS FIRST BOSTON CORP
020 B000007 13-5659485
020 C000007      4
020 A000008 GOLDMAN SACHS
020 B000008 13-5108880
020 C000008      3
020 A000009 BRIDGE TRADING
020 B000009 43-1450530
020 C000009      3
020 A000010 JEFFRIES + CO.
020 B000010 95-2622900
<PAGE>      PAGE  3
020 C000010      2
021  000000       62
022 A000001 AUBREY LANSTON
022 B000001 13-5552129
022 C000001     80852
022 D000001       949
022 A000002 SANWA BANK SECURITIES CO.
022 B000002 13-3046258
022 C000002      7298
022 D000002         0
022 A000003 CS FIRST BOSTON CORP.
022 B000003 13-5659485
022 C000003      1093
022 D000003      2770
022 A000004 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000004 13-5674085
022 C000004      1924
022 D000004      1491
022 A000005 GOLDMAN SACHS
022 B000005 13-5108880
022 C000005      1367
022 D000005      1086
022 A000006 MORGAN STANLEY AND CO., INC.
022 B000006 13-2655998
022 C000006      1171
022 D000006      1253
022 A000007 SMITH BARNEY
022 B000007 13-1912900
022 C000007      1102
022 D000007       441
022 A000008 LANCASTER & NORVIN GREEN
022 C000008      1100
022 D000008         0
022 A000009 LEHMAN BROTHERS
022 B000009 13-2518466
022 C000009       498
022 D000009       590
022 A000010 THE BOSTON COMPANY
022 C000010       900
022 D000010         0
023 C000000      99249
023 D000000      10506
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
<PAGE>      PAGE  4
027  000000 Y
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
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060 A00AA00 Y
060 B00AA00 Y
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077 A000000 Y
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077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
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077 L000000 N
077 M000000 N
077 N000000 N
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077 Q010000 Y
077 Q020000 N
077 Q030000 N
<PAGE>      PAGE  5
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 GULF INSURANCE COMPANY
080 C00AA00    66000
081 A00AA00 Y
081 B00AA00  91
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
024  000300 Y
025 A000301 MERRILL LYNCH PIERCE FENNER AND SMITH
025 B000301 13-5674085
025 C000301 E
025 D000301     739
025 D000302       0
025 D000303       0
025 D000304       0
025 D000305       0
025 D000306       0
025 D000307       0
025 D000308       0
028 A010300       478
028 A020300         0
028 A030300         0
028 A040300       924
028 B010300      1167
028 B020300         0
028 B030300         0
028 B040300      1375
028 C010300      1976
028 C020300         0
028 C030300         0
028 C040300      2242
028 D010300      1519
028 D020300         0
<PAGE>      PAGE  6
028 D030300         0
028 D040300      1833
028 E010300      1546
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028 E030300         0
028 E040300      1255
028 F010300      3317
028 F020300      2407
028 F030300         0
028 F040300      4983
028 G010300     10003
028 G020300      2407
028 G030300         0
028 G040300     12612
028 H000300      6109
029  000300 Y
030 A000300      6
030 B000300  4.25
030 C000300  4.25
031 A000300      0
031 B000300      0
032  000300      6
033  000300      0
034  000300 Y
035  000300     31
036 A000300 N
036 B000300      0
037  000300 N
038  000300      0
039  000300 N
040  000300 Y
041  000300 Y
042 A000300   0
042 B000300   0
042 C000300 100
042 D000300   0
042 E000300   0
042 F000300   0
042 G000300   0
042 H000300   0
043  000300    220
044  000300     23
045  000300 Y
046  000300 N
047  000300 Y
048  000300  0.750
048 A010300        0
048 A020300 0.000
048 B010300        0
048 B020300 0.000
048 C010300        0
<PAGE>      PAGE  7
048 C020300 0.000
048 D010300        0
048 D020300 0.000
048 E010300        0
048 E020300 0.000
048 F010300        0
048 F020300 0.000
048 G010300        0
048 G020300 0.000
048 H010300        0
048 H020300 0.000
048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300        0
048 K020300 0.000
062 A000300 N
062 B000300   0.0
062 C000300   0.0
062 D000300   0.0
062 E000300   0.0
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   0.0
062 J000300   0.0
062 K000300   0.0
062 L000300   0.0
062 M000300   0.0
062 N000300   0.0
062 O000300   0.0
062 P000300   0.0
062 Q000300   0.0
062 R000300   0.0
063 A000300   0
063 B000300  0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 Y
067  000300 Y
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
<PAGE>      PAGE  8
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300     23982
071 B000300     32541
071 C000300     51363
071 D000300   47
072 A000300  6
072 B000300      411
072 C000300      308
072 D000300        0
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072 F000300      200
072 G000300        0
072 H000300        0
072 I000300       73
072 J000300       42
072 K000300        0
072 L000300        5
072 M000300       10
072 N000300       39
<PAGE>      PAGE  9
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300       11
072 S000300       26
072 T000300      220
072 U000300        1
072 V000300        0
072 W000300        5
072 X000300      632
072 Y000300      119
072 Z000300      206
072AA000300     2882
072BB000300        0
072CC010300     1078
072CC020300        0
072DD010300      729
072DD020300        0
072EE000300     1936
073 A010300   0.7200
073 A020300   0.0000
073 B000300   1.8300
073 C000300   0.0000
074 A000300       14
074 B000300        0
074 C000300     3900
074 D000300    10145
074 E000300        0
074 F000300    36753
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300     3128
074 K000300      412
074 L000300      216
074 M000300        0
074 N000300    54568
074 O000300      294
074 P000300      459
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      149
074 S000300        0
074 T000300    53666
074 U010300     3222
074 U020300        0
074 V010300    18.52
074 V020300     0.00
074 W000300   0.0000
<PAGE>      PAGE  10
074 X000300     4590
074 Y000300        0
075 A000300        0
075 B000300    53250
076  000300     0.00
SIGNATURE   CATHY WHITE                                  
TITLE       ASST. VICE PRESIDENT
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
   <NUMBER> 031
   <NAME> ALLIANCE STRATEGIC BALANCED FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1996
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<NET-CHANGE-FROM-OPS>                        4,166,405
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (251,709)
<DISTRIBUTIONS-OF-GAINS>                     (479,820)
<DISTRIBUTIONS-OTHER>                                0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
   <NUMBER> 032
   <NAME> ALLIANCE STRATEGIC BALANCED FUND
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
   <NUMBER> 033
   <NAME> ALLIANCE STRATEGIC BALANCED FUND
       
<S>                             <C>
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</TABLE>


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