<PAGE> PAGE 1
000 A000000 03/31/98
000 C000000 0000822519
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000 F000000 Y
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001 A000000 CONCORDE FUNDS, INC.
001 B000000 811-16625
001 C000000 9723878258
002 A000000 5430 LBJ FREEWAY SUITE 1500
002 B000000 DALLAS
002 C000000 TX
002 D010000 75240
003 000000 N
004 000000 N
005 000000 N
006 000000 N
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007 C020200 CONCORDE INCOME FUND
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007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
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008 A00AA01 CONCORDE FINANCIAL CORPORATION
008 B00AA01 A
008 C00AA01 801-16625
008 D01AA01 DALLAS
008 D02AA01 TX
008 D03AA01 75240
008 D04AA01 2387
010 A00AA01 FIRSTAR TRUST COMPANY
010 C01AA01 MILWAUKEE
010 C02AA01 WI
010 C03AA01 53201
012 A00AA01 FIRSTAR TRUST COMPANY
012 B00AA01 85-00410
012 C01AA01 MILWAUKEE
012 C02AA01 WI
<PAGE> PAGE 2
012 C03AA01 53201
013 A00AA01 KINDER & WYMAN, P.C.
013 B01AA01 IRVING
013 B02AA01 TX
013 B03AA01 75062
013 B04AA01 3920
015 A00AA01 FIRSTAR TRUST COMPANY
015 B00AA01 C
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015 C03AA01 53201
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020 B000001 04-2566229
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020 A000002 CAPITAL INSTITUTIONAL SERVICES
020 B000002 75-1565705
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020 A000003 BEAR STEARNS & CO.
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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SIGNATURE JOHN A. STETTER
TITLE FUND SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEMI-ANNUAL REPORT DATED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH NSAR-A FILING DATED MARCH 31, 1998.
</LEGEND>
<SERIES>
<NUMBER> 01
<NAME> CONCORDE VALUE FUND
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<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
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REFERENCE TO SUCH NSAR-A FILING DATED MARCH 31, 1998.
</LEGEND>
<SERIES>
<NUMBER> 02
<NAME> CONCORDE INCOME FUND
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<S> <C>
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</TABLE>
