ALLIANCE PORTFOLIOS
NSAR-A, 1996-04-16
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<PAGE>      PAGE  1
000 A000000 02/29/96
000 C000000 0000812015
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE ALLIANCE PORTFOLIOS
001 B000000 811-5088
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
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007 C010100  1
007 C010200  2
007 C020200 U.S. SHORT TERM GOVERNMENT 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
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 CAPITAL 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
013 B04AA01 2798
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   49
019 C00AA00 ALLIANCECA
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020 C000005      0
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020 C000008      0
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022 A000001 STATE STREET BANK AND TRUST CO.
022 B000001 04-1867445
022 C000001     55047
022 D000001         0
022 A000002 UBS SECURITIES INC.
022 B000002 13-2932996
022 C000002     36134
022 D000002         0
022 A000003 MORGAN STANLEY AND CO., INC.
022 B000003 13-2655998
022 C000003      2990
022 D000003         0
022 A000004 GOLDMAN SACHS & CO.
022 B000004 13-5108880
022 C000004      2040
<PAGE>      PAGE  3
022 D000004         0
022 A000005 LEHMAN BROTHERS INC.
022 B000005 13-2518466
022 C000005      1690
022 D000005         0
022 A000006 SALOMON BROTHERS INC.
022 B000006 13-3082694
022 C000006         0
022 D000006      1206
022 A000007 DINNERKEY
022 C000007       568
022 D000007         0
022 C000008         0
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054 C00AA00 Y
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054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 N
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 Y
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
<PAGE>      PAGE  4
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00      250
077 A000000 N
078  000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 GULF INSURANCE COMPANY
080 C00AA00    66000
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083 A00AA00 N
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084 A00AA00 N
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024  000200 Y
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<PAGE>      PAGE  5
028 A040200       963
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028 B020200        25
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028 C010200      1536
028 C020200        26
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033  000200      0
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036 B000200      0
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039  000200 N
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<PAGE>      PAGE  6
045  000200 Y
046  000200 N
047  000200 Y
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062 M000200  69.8
062 N000200  20.8
062 O000200   0.0
062 P000200   0.0
062 Q000200  14.0
062 R000200   0.0
063 A000200   0
063 B000200  0.1
064 A000200 N
064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
<PAGE>      PAGE  7
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 Y
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200      4641
071 B000200      1732
071 C000200     14333
071 D000200   12
072 A000200  6
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<PAGE>      PAGE  8
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073 A010200   0.6051
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200        1
074 B000200      744
074 C000200        0
074 D000200    15674
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200       41
074 L000200      191
074 M000200       11
074 N000200    16662
074 O000200        0
074 P000200       24
074 Q000200        0
074 R010200     1530
074 R020200        0
074 R030200        0
074 R040200      122
074 S000200        0
074 T000200    14986
<PAGE>      PAGE  9
074 U010200     1524
074 U020200        0
074 V010200     9.75
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076  000200     0.00
SIGNATURE   CATHY WHITE                                  
TITLE       ASST VICE PRESIDENT 
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
   <NUMBER> 021
   <NAME> U.S. SHORT TERM GOVERNMENT FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1996
<PERIOD-START>                             SEP-01-1995
<PERIOD-END>                               FEB-29-1996
<INVESTMENTS-AT-COST>                       16,351,431
<INVESTMENTS-AT-VALUE>                      16,417,961
<RECEIVABLES>                                  218,525
<ASSETS-OTHER>                                  11,544
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              16,648,030
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,661,567
<TOTAL-LIABILITIES>                          1,661,567
<SENIOR-EQUITY>                                     15
<PAID-IN-CAPITAL-COMMON>                    15,576,434
<SHARES-COMMON-STOCK>                          316,640
<SHARES-COMMON-PRIOR>                          308,945
<ACCUMULATED-NII-CURRENT>                      (12,906)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (644,555)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        67,475
<NET-ASSETS>                                14,986,463
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              474,306
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 147,635
<NET-INVESTMENT-INCOME>                        326,671
<REALIZED-GAINS-CURRENT>                         1,072
<APPREC-INCREASE-CURRENT>                       44,175
<NET-CHANGE-FROM-OPS>                          371,918
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       65,135
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                        124,948
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<INTEREST-EXPENSE>                               2,692
<GROSS-EXPENSE>                                275,232
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<PER-SHARE-NAV-BEGIN>                             9.70
<PER-SHARE-NII>                                   0.24
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
   <NUMBER> 022
   <NAME> U.S. SHORT TERM GOVERNMENT FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1996
<PERIOD-START>                             SEP-01-1995
<PERIOD-END>                               FEB-29-1996
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<INVESTMENTS-AT-VALUE>                      16,417,961
<RECEIVABLES>                                  218,525
<ASSETS-OTHER>                                  11,544
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              16,648,030
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,661,567
<TOTAL-LIABILITIES>                          1,661,567
<SENIOR-EQUITY>                                     15
<PAID-IN-CAPITAL-COMMON>                    15,576,434
<SHARES-COMMON-STOCK>                          698,691
<SHARES-COMMON-PRIOR>                          650,583
<ACCUMULATED-NII-CURRENT>                      (12,906)
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<ACCUMULATED-NET-GAINS>                       (644,555)
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
   <NUMBER> 023
   <NAME> U.S. SHORT TERM GOVERNMENT FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>


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