<PAGE> PAGE 1
000 B000000 12/31/98
000 C000000 0000812021
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 TRAVELERS TIMED GROWTH & INCOME STOCK ACC
001 B000000 811-5090
001 C000000 8602774519
002 A000000 ONE TOWER SQUARE
002 B000000 HARTFORD
002 C000000 CT
002 D010000 06183
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 THE TRAVELERS INVESTMENT MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-07212
008 D010001 HARTFORD
008 D020001 CT
008 D030001 06183
010 A000001 THE TRAVELERS INSURANCE COMPANY
010 B000001 8-13516
010 C010001 HARTFORD
010 C020001 CT
010 C030001 06183
011 A000001 CFBDS, INC.
011 B000001 8-32417
011 C010001 HARTFORD
011 C020001 CT
011 C030001 06183
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 HARTFORD
013 B020001 CT
<PAGE> PAGE 2
013 B030001 06103
014 A000001 PFS DISTRIBUTORS, INC.
014 B000001 8-37352
014 A000002 PFS INVESTMENTS INC.
014 B000002 8-26486
014 A000003 THE ROBINSON-HUMPHREY COMPANY, INC.
014 B000003 8-27190
014 A000004 TOWER SQUARE SECURITIES, INC.
014 B000004 8-13752
014 A000005 COPELAND EQUITIES, INC.
014 B000005 8-21009
014 A000006 SMITH ANNUITY SERVICES, INC.
014 B000006 8-14495
014 A000007 TRAVELERS DISTRIBUTION COMPANY
014 B000007 8-50244
014 A000008 CITICORP SECURITIES SERVICES, INC.
014 B000008 8-00000
014 A000009 CITICORP FINANCIAL SERVICES CORPORATION
014 B000009 8-00000
014 A000010 CITICORP INVESTMENT SERVICES
014 B000010 8-00000
014 A000011 CITICORP SECURITIES, INC.
014 B000011 8-0000
014 A000012 SALOMON REINVESTMENT COMPANY INC.
014 B000012 8-0000
014 A000013 SALOMON SMITH BARNEY INC.
014 B000013 8-0000
014 A000014 SMITH BARNEY PUERTO RICO INC.
014 B000014 8-0000
014 A000015 TRIBECA INVESTMENTS, L.L.C.
014 B000015 8-0000
015 A000001 THE CHASE MANHATTAN BANK, N.A.
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10081
015 C040001 1000
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 7
019 C000000 TICSEPACCT
020 A000001 PAINE WEBBER
020 C000001 215
020 A000002 BEAR STEARNS
020 C000002 17
020 A000003 SALOMON SMITH BARNEY
020 C000003 13
020 A000004 DONALDSON LUFKIN JENERETTE
020 C000004 12
020 A000005 FIRST BOSTON
<PAGE> PAGE 3
020 C000005 10
020 A000006 AUTRANET
020 C000006 7
020 A000007 GLAZER, C. L.
020 C000007 7
020 A000008 GOLDMAN SACHS
020 C000008 6
020 A000009 CANTOR FITZGERALD
020 C000009 6
020 A000010 COWEN, INC.
020 C000010 5
021 000000 348
022 A000001 JP MORGAN SECURITIES
022 C000001 222386
022 D000001 7985
022 A000002 HOUSEHOLD FINANCE
022 C000002 85488
022 D000002 4612
022 A000003 GOLDMAN, SACHS & CO.
022 C000003 72508
022 D000003 4760
022 A000004 PAINE WEBBER INC.
022 C000004 45093
022 D000004 153864
022 A000005 ASSOCIATES CORP. OF N.A.
022 C000005 34334
022 D000005 0
022 A000006 GENERAL ELECTRIC CREDIT
022 C000006 26384
022 D000006 9968
022 A000007 LEHMAN BROTHERS INC.
022 C000007 13358
022 D000007 7566
022 A000008 PRUDENTIAL FUNDING SECURITIES
022 C000008 11615
022 D000008 3199
022 A000009 FIRST BOSTON CORP.
022 C000009 10039
022 D000009 1208
022 A000010 SMITH BARNEY HARRIS UPHAM
022 C000010 8641
022 D000010 3146
023 C000000 603595
023 D000000 257265
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
<PAGE> PAGE 4
025 D000007 0
025 D000008 0
026 A000000 N
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 863
028 A020000 0
028 A030000 0
028 A040000 1501
028 B010000 533
028 B020000 0
028 B030000 0
028 B040000 58351
028 C010000 307
028 C020000 0
028 C030000 0
028 C040000 44201
028 D010000 653
028 D020000 0
028 D030000 0
028 D040000 945
028 E010000 44961
028 E020000 0
028 E030000 0
028 E040000 775
028 F010000 472
028 F020000 0
028 F030000 0
028 F040000 1254
028 G010000 47789
028 G020000 0
028 G030000 0
028 G040000 107027
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 Y
035 000000 58
<PAGE> PAGE 5
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 Y
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 0.323
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
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 Y
054 D000000 Y
<PAGE> PAGE 6
054 E000000 Y
054 F000000 Y
054 G000000 Y
054 H000000 Y
054 I000000 Y
054 J000000 Y
054 K000000 Y
054 L000000 Y
054 M000000 Y
054 N000000 Y
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 Y
058 B000000 Y
058 C000000 N
058 D000000 N
058 E000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 20
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
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
<PAGE> PAGE 7
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 Y
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 110333
071 B000000 203163
071 C000000 137048
071 D000000 81
072 A000000 12
072 B000000 593
072 C000000 1760
072 D000000 0
072 E000000 0
072 F000000 461
072 G000000 0
<PAGE> PAGE 8
072 H000000 0
072 I000000 0
072 J000000 0
072 K000000 0
072 L000000 0
072 M000000 0
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 0
072 S000000 0
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 3551
072 X000000 4012
072 Y000000 0
072 Z000000 -1659
072AA000000 60349
072BB000000 0
072CC010000 0
072CC020000 31626
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 0
074 C000000 6391
074 D000000 0
074 E000000 0
074 F000000 105800
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 1915
074 K000000 0
074 L000000 133
074 M000000 0
074 N000000 114239
074 O000000 1520
074 P000000 39
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 128
<PAGE> PAGE 9
074 S000000 0
074 T000000 112552
074 U010000 25192
074 U020000 0
074 V010000 4.47
074 V020000 0.00
074 W000000 0.0000
074 X000000 11900
074 Y000000 0
075 A000000 0
075 B000000 149301
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
078 000000 N
080 A000000 NATIONAL UNION FIRE INSURANCE COMPANY
080 C000000 12500
081 A000000 Y
081 B000000 28
082 A000000 Y
082 B000000 100
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
<PAGE> PAGE 10
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE IAN STUART
TITLE CFO, LIFE & ANNUITY
<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 94,534,985
<INVESTMENTS-AT-VALUE> 112,191,273
<RECEIVABLES> 2,047,691
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 114,238,964
<PAYABLE-FOR-SECURITIES> 1,520,413
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 166,155
<TOTAL-LIABILITIES> 1,686,568
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 25,191,932
<SHARES-COMMON-PRIOR> 60,311,914
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 112,552,396
<DIVIDEND-INCOME> 1,759,757
<INTEREST-INCOME> 593,002
<OTHER-INCOME> 0
<EXPENSES-NET> 4,011,756
<NET-INVESTMENT-INCOME> (1,658,997)
<REALIZED-GAINS-CURRENT> 60,348,770
<APPREC-INCREASE-CURRENT> (31,625,672)
<NET-CHANGE-FROM-OPS> 27,064,101
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (100,123,244)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 461,300
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,011,756
<AVERAGE-NET-ASSETS> 149,301,474
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 2.82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
Report of Independent Accountants
To the Board of Managers and Owners of
Variable Annuity Contracts of
The Travelers Timed Growth and Income
Stock Account for Variable Annuities
In planning and performing our audit of the financial statements,
per unit data and ratios of The Travelers Timed Growth and
Income Stock Account for Variable Annuities for the year
ended December 31, 1998, we considered its internal control,
including control over safeguarding securities, in order to
determine our auditing procedures for the purpose of
expressing our opinion on the financial statements, per unit data
and ratios, and to comply with the requirements of Form N-SAR,
not to provide assurance on internal control.
The management of The Travelers Timed Growth and Income
Stock Account for Variable Annuities is responsible for
establishing and maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs of
controls. Generally, controls that are relevant to an audit
pertain to the entity's objective of preparing financial
statements, per unit data and ratios for external purposes that
are fairly presented in conformity with generally accepted
accounting principles. Those controls include the safeguarding
of assets against unauthorized acquisition, use or disposition.
Because of inherent limitations in internal controls, errors or
fraud may occur and may not be detected. Also, projection of
any evaluation of internal control to future periods is subject to
the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and operation
may deteriorate.
Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American
Institute of Certified Public Accountants. A material weakness
is a condition in which the design or operation of any specific
internal control component does not reduce to a relatively low
level the risk that errors or fraud in amounts that would be
material in relation to the financial statements, per unit data and
ratios being audited may occur and not be detected within a
timely period by employees in the normal course of performing
their assigned functions. However, we noted no matters
involving internal control, including controls over safeguarding
securities, that we consider to be material weaknesses as
defined above as of December 31, 1998.
This report is intended solely for the information and use of
management of The Travelers Timed Growth and Income Stock
Account for Variable Annuities and the Securities and
Exchange Commission.
PricewaterhouseCoopers LLP
Hartford, Connecticut
February 15, 1999
2
1
2
