<PAGE> PAGE 1
000 B000000 08/31/96
000 C000000 0000818851
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 NUVEEN CALIFORNIA MUNICIPAL VALUE FUND, INC.
001 B000000 811-5235
001 C000000 3129178200
002 A000000 333 WEST WACKER DRIVE
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60606
002 D020000 1286
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 NUVEEN ADVISORY CORP.
008 B000001 A
008 C000001 801-12353
008 D010001 CHICAGO
008 D020001 IL
008 D030001 60606
008 D040001 1286
011 A000001 JOHN NUVEEN & CO. INCORPORATED
011 B000001 8-13464
011 C010001 CHICAGO
011 C020001 IL
011 C030001 60606
011 C040001 1286
011 A000002 ALEX BROWN & SONS INCORPORATED
011 B000002 8-13465
011 C010002 BALTIMORE
011 C020002 MD
011 C030002 21202
<PAGE> PAGE 2
012 A000001 CHASE MANHATTAN BANK
012 B000001 85-10233
012 C010001 NEW YORK
012 C020001 NY
012 C030001 10003
013 A000001 ERNST & YOUNG
013 B010001 CHICAGO
013 B020001 IL
013 B030001 60611
014 A000001 JOHN NUVEEN & CO., INC.
014 B000001 8-13464
015 A000001 CHASE MANHATTAN BANK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10003
015 E010001 X
015 A000002 SECURITY PACIFIC NATIONAL TRUST CO.
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 12074
015 E010002 X
015 A000003 BANK OF NEW YORK
015 B000003 S
015 C010003 NEW YORK
015 C020003 NY
015 C030003 10007
015 E010003 X
015 A000004 BANKERS TRUST
015 B000004 S
015 C010004 NEW YORK
015 C020004 NY
015 C030004 10015
015 E010004 X
015 A000005 MORGAN SECURITY TRUST CO.
015 B000005 S
015 C010005 NEW YORK
015 C020005 NY
015 C030005 10260
015 E010005 X
015 A000006 CHEMICAL BANK OF NEW YORK
015 B000006 S
015 C010006 NEW YORK
015 C020006 NY
015 C030006 10172
015 E010006 X
015 A000007 NATIONSBANK OF NORTH CAROLINA NA
015 B000007 S
015 C010007 CHARLOTTE
015 C020007 NC
<PAGE> PAGE 3
015 C030007 28255
015 E010007 X
018 000000 Y
019 A000000 Y
019 B000000 82
019 C000000 NUVEENFUND
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 PAINE WEBBER
022 B000001 13-2638166
022 C000001 12724
022 D000001 11608
022 A000002 SUTRO & CO.
022 B000002 94-1704902
022 C000002 11524
022 D000002 4278
022 A000003 PIPER JAFFRAY & HOPWOOD
022 B000003 41-0953246
022 C000003 8938
022 D000003 3735
022 A000004 MORGAN STANLEY
022 B000004 13-2655998
022 C000004 8297
022 D000004 3400
022 A000005 BEAR STEARNS
022 B000005 13-3604093
022 C000005 8190
022 D000005 0
022 A000006 CHILTON & O'CONNOR
022 B000006 95-4025174
022 C000006 0
022 D000006 7293
022 A000007 STONE & YOUNGBERG
022 B000007 94-1052545
022 C000007 1406
022 D000007 3331
022 A000008 J P MORGAN SECURITIES
022 B000008 13-3224016
022 C000008 4588
022 D000008 0
022 A000009 GOLDMAN, SACHS & CO.
022 B000009 13-5108880
<PAGE> PAGE 4
022 C000009 3000
022 D000009 1000
022 A000010 BANK OF AMERICA NAT'L TRUST SAVINGS ASSN
022 B000010 94-1687675
022 C000010 3901
022 D000010 0
023 C000000 85835
023 D000000 85220
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
<PAGE> PAGE 5
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
035 000000 0
036 B000000 0
038 000000 0
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 N
048 000000 0.000
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
<PAGE> PAGE 6
049 000000 N
050 000000 Y
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 Y
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 0
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.9
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 98.3
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 10.0
064 A000000 Y
064 B000000 N
<PAGE> PAGE 7
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 52455
071 B000000 53305
071 C000000 225830
071 D000000 23
072 A000000 12
072 B000000 15717
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 1460
<PAGE> PAGE 8
072 G000000 0
072 H000000 0
072 I000000 82
072 J000000 53
072 K000000 45
072 L000000 69
072 M000000 5
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 14
072 S000000 20
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 48
072 X000000 1796
072 Y000000 0
072 Z000000 13921
072AA000000 3343
072BB000000 0
072CC010000 0
072CC020000 6339
072DD010000 14179
072DD020000 0
072EE000000 1191
073 A010000 0.6210
073 A020000 0.0000
073 B000000 0.0628
073 C000000 0.0000
074 A000000 154
074 B000000 0
074 C000000 2265
074 D000000 247674
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 2583
074 K000000 0
074 L000000 3774
074 M000000 37
074 N000000 256487
074 O000000 3000
074 P000000 133
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
<PAGE> PAGE 9
074 R040000 1406
074 S000000 0
074 T000000 251948
074 U010000 25117
074 U020000 0
074 V010000 10.03
074 V020000 0.00
074 W000000 0.0000
074 X000000 3557
074 Y000000 0
075 A000000 0
075 B000000 231842
076 000000 10.13
077 A000000 Y
077 B000000 Y
077 Q010000 Y
078 000000 N
080 A000000 RELIANCE INSURANCE COMPANY
080 C000000 60000
081 A000000 Y
081 B000000 68
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 99
086 A020000 1022
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
087 A010000 COMMON STOCK
087 A020000 67062C107
087 A030000 NCA
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE O. WALTER RENFFTLEN
TITLE V.P. & CONTROLLER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains Summary Financial Information extracted from the form
N-SAR and the financial statements and is qualified in its entirety by
references to such documents.
</LEGEND>
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> AUG-31-1996
<INVESTMENTS-AT-COST> 236861
<INVESTMENTS-AT-VALUE> 249939
<RECEIVABLES> 6356
<ASSETS-OTHER> 192
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 256487
<PAYABLE-FOR-SECURITIES> 3000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1539
<TOTAL-LIABILITIES> 4539
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 236267
<SHARES-COMMON-STOCK> 25117
<SHARES-COMMON-PRIOR> 18972
<ACCUMULATED-NII-CURRENT> 123
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2227
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13078
<NET-ASSETS> 251948
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 15717
<OTHER-INCOME> 0
<EXPENSES-NET> 1796
<NET-INVESTMENT-INCOME> 13921
<REALIZED-GAINS-CURRENT> 3343
<APPREC-INCREASE-CURRENT> (6339)
<NET-CHANGE-FROM-OPS> 10925
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 14179
<DISTRIBUTIONS-OF-GAINS> 1191
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 99
<NET-CHANGE-IN-ASSETS> 58522
<ACCUMULATED-NII-PRIOR> 315
<ACCUMULATED-GAINS-PRIOR> 175
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1460
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1796
<AVERAGE-NET-ASSETS> 231842
<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> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
