<PAGE> PAGE 1
000 A000000 04/30/95
000 C000000 0000081810
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 THE RAINBOW FUND, INC.
001 B000000 811-1476
001 C000000 2129832980
002 A000000 225 PARK AVE., SUITE 211
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10169
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 FURMAN, ANDERSON & CO.
008 B000001 A
008 C000001 801-18547
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10169
010 A000001 FURMAN, ANDERSON & CO.
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10169
012 A000001 INVESTOR DATA SERVICES
012 B000001 84-01425
012 C010001 NEW YORK
012 C020001 NY
012 C030001 10169
013 A000001 HAROLD KELLER
013 B010001 PORT WASHINGTON
013 B020001 NY
013 B030001 11050
<PAGE> PAGE 2
014 A000001 U.S. EQUITIES, INC.
014 B000001 8-29115
