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File No. 33-27131
As filed with the Securities and Exchange
Commission on October 31, 1996
Securities and Exchange Commission
Washington, D.C. 20549
____________________________________________
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Pre-Effective Amendment No.
Post-Effective Amendment No. 19
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
Amendment No.
____________________________________________
ALLIANCE SHORT-TERM MULTI-MARKET TRUST, INC.
(Exact Name of Registrant as Specified in Charter)
1345 Avenue of the Americas, New York, N.Y. 10105
(Address of Principal Executive Offices) (Zip Code)
____________________________________________
Registrant's Telephone Number, including Area Code:
(800) 221-5672
____________________________________________
EDMUND P, BERGAN, JR.
Alliance Capital Management L.P.
1345 Avenue of the Americas, New York, N.Y. 10105
(Name and address of Agent for Service)
____________________________________________
Calculation of Registration Fee:
Title of
Securities Proposed Maximum Proposed Amount
Being Amount Being Offering Price Maximum Aggregate of
Registered Registered Per Unit* Offering Price** Fee
__________ ____________ ________________ _________________ ______
Common
Stock
$.01 par
value 75,697,456 $8.06 $330,000 $100.00
* Estimated solely for the purpose of determining the amount of
the registration fee based on the net asset value per share of
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the Registrant's Class A Common Stock on October 29, 1996.
** The calculation of the maximum aggregate offering price is
made pursuant to Rule 24e-2(a) under the Investment Company
Act of 1940 and is based on the following: the total amount
of securities redeemed or repurchased during the fiscal year
ended October 31, 1995 was 82,369,830 of which 6,713,316 were
previously used for reduction pursuant to Rule 24f-2 or Rule
24e-2(a) and 75,656,514 of which are being so used for such
reduction in this Amendment.
It is proposed that this filing will become effective (check
appropriate box)
X immediately upon filing pursuant to paragraph (b)
___on (date) pursuant to paragraph (b)
___60 days after filing pursuant to paragraph (a)
___on (date) pursuant to paragraph (a) of rule 485.
___75 days after filing pursuant to paragraph (a)(ii)
EXHIBIT: Opinion of Seward & Kissel
2
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SIGNATURE
Pursuant to the requirements of the Securities Act of
1933, as amended, and the Investment Company Act of 1940, as
amended, the Registrant certifies that it meets all requirements
for effectiveness of this amendments to its Registration
Statement pursuant to Rule 485(b) under the Securities Act of
1933 and has duly caused this Amendment to its Registration
Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City and State of New York, on
the 30th day of October, 1996.
ALLIANCE SHORT-TERM MULTI-MARKET TRUST, INC.
by /s/ John D. Carifa
_____________________
John D. Carifa
Chairman
Pursuant to the requirements of the Securities Act of
1933 this Amendment to the Registration Statement has been signed
below by the following persons in the capacities and on the date
indicated:
SIGNATURE TITLE DATE
_________ _____ ____
1) Principal
Executive Officer
/s/ John D. Carifa Chairman and President October 30, 1996
John D. Carifa
2) Principal Financial
and Accounting Officer
/s/ Mark D. Gersten Treasurer and Chief
Mark D. Gersten Financial Officer October 30, 1996
3) All of the Directors
____________________
Ruth Block
John D. Carifa
David H. Dievler
James R. Greene
James M. Hester
Clifford L. Michel
Donald J. Robinson
Robert C. White
by /s/ Edmund P. Bergan, Jr. October 30, 1996
3
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(Attorney-in-fact)
Edmund P. Bergan, Jr.
4
00250181.AS0
