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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer:
Alliance Quasar Fund, Inc.
1345 Avenue of the Americas
New York, NY 10105
2. Name of each series or class of funds for which this notice
is filed:
Class A
Class B
Class C
3. Investment Company Act File Number:
811-01716
Securities Act File Number:
2-29901
4. Last day of fiscal period for which this notice is filed:
September 30, 1996
5. Check the box if this notice is being filed more than 180
days after the close of the issuer's fiscal year for purposes
of reporting securities sold after the close of the fiscal
year but before termination of the issuer's 24f-2
declaration:
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6. Date of termination of issuer's declaration under rule 24f-
2(a)(1), if applicable (see instruction A.6):
7. Number and amount of securities of the same class or series
which had been registered under the Securities Act of 1933
other than pursuant to rule 24f-2 in a prior fiscal year, but
which remained unsold at the beginning of the fiscal year:
5,240,368 shares
$145,629,826 amount
8. Number and amount of securities registered during the fiscal
year other than pursuant to rule 24f-2:
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5,243,189 shares
$133,439,160 amount
9. Number and aggregate sale price of securities sold during the
fiscal year:
11,976,040 shares
$294,905,307 amount
10. Number and aggregate sale price of securities sold during the
fiscal year in reliance upon registration pursuant to rule
24f-2:
4,742,679 shares
$131,727,841 amount
11. Number and aggregate sale price of securities issued during
the fiscal year in connection with dividend reinvestment
plans, if applicable (see instruction B.7):
1,442,158 shares
$29,622,964 amount
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold
during the fiscal year in reliance on
rule 24f-2 (from Item 10): $131,727,841
(ii) Aggregate price of shares issued in
connection with dividend reinvestment
plans (from Item 11, if applicable): + 29,622,964
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if
applicable): - 161,350,805
(iv) Aggregate price of shares redeemed or
repurchased and previously applied as a
reduction to filing fees pursuant to rule
24e-2 (if applicable): + -0-
(v) Net aggregate price of securities sold
and issued during the fiscal year in
reliance on rule 24f-2 [line (i), plus
line (ii), less line (iii), plus line
(iv)] (if applicable): + -0-
(vi) Multiplier prescribed by Section 6(b) of
the Securities Act of 1933 or other
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applicable law or regulation (see
instruction C.6): x 1/3300
(vii) Fee due [line (i) or line (v) multiplied
by line (vi)]: -0-
Instruction: Issuers should complete line (ii), (iii), and (v)
only if the form is being filed within 60 days after the close of
the issuer's fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's
lockbox depository as described in section 3a of the
Commission's Rules of Informal and Other Procedures (17 CFR
202.3a).
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Date of mailing or wire transfer of filing fees to the
Commission's lockbox depository:
SIGNATURE
This report has been signed below by the following persons on
behalf of the issuer and in the capacities and on the dates
indicated.
By (Signature and Title)*/s/Domenick Pugliese
Assistant Secretary-Domenick Pugliese
Date: November 22, 1996
*Please print the name and title of the signing officer below the
signature.
Exhibit: Opinion of Seward & Kissel
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SEWARD & KISSEL
One Battery Park Plaza
New York, N.Y. 10004
Telephone: (212) 574-1200
Facsimile: (212) 480-8421
November 25, 1996
Alliance Quasar Fund, Inc.
1345 Avenue of the Americas
New York, New York 10105
Dear Sirs:
We have acted as counsel for Alliance Quasar Fund,
Inc., a Maryland corporation (the "Company"), in connection
with the Company's Rule 24f-2 Notice to be filed pursuant to
Rule 24f-2 under the Investment Company Act of 1940, as
amended, to report the sale of 4,742,679 shares of common
stock of the Company, par value $.002 per share, during the
fiscal year of the Company ended September 30, 1996, in
reliance upon that Rule and pursuant to the registration of
an indefinite number of such shares under the Securities Act
of 1933, as amended.
As counsel for the Company, we have examined and
relied upon such records of the Company and other documents
and certificates as to factual matters as we have deemed to
be necessary to render the opinion set forth below.
Based on that examination we are of the opinion
that the 4,742,679 shares so sold in reliance upon Rule
24f-2 were duly authorized and legally issued and, upon
their issuance, were fully paid and nonassessable shares of
common stock of the Company under the laws of the State of
Maryland.
Our opinion above stated is expressed as members of
the bar of the State of New York.
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We hereby consent to the filing of this opinion
with the Securities and Exchange Commission as an exhibit to
the above-referenced Rule 24f-2 Notice.
Very truly yours,
/s/ Seward & Kissel
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00250150.AP0