PIPER GLOBAL FUNDS INC /MN
NSAR-A, 1997-06-13
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<PAGE>      PAGE  1
000 A000000 03/31/97
000 C000000 0000860721
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 PIPER GLOBAL FUNDS INC.
001 B000000 811-06046
001 C000000 6123421116
002 A000000 222 SOUTH NINTH STREET
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55402
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 PACIFIC-EUROPEAN GROWTH FUND
007 C030100 N
007 C010200  2
007 C020200 EMERGING MARKETS GROWTH FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
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007 C010800  8
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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008 A00AA01 PIPER CAPITAL MANAGEMENT INCORPORATED
008 B00AA01 A
008 C00AA01 801-20165
008 D01AA01 MINNEAPOLIS
008 D02AA01 MN
008 D03AA01 55402
008 A00AA02 EDINBURGH FUND MANAGERS PLC
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008 D05AA02 SCOTLAND
008 D06AA02 EH12 5HD
010 A00AA01 PIPER CAPITAL MANAGEMENT INCORPORATED
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010 C02AA01 MN
010 C03AA01 55402
011 A00AA01 PIPER JAFFRAY INC.
011 B00AA01 8-15204
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
066 A00AA00 Y
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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070 F020100 N
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070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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015 A000201 INVESTORS FIDUCIARY TRUST COMPANY
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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050  000200 N
051  000200 N
052  000200 N
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056  000200 Y
057  000200 N
058 A000200 N
059  000200 Y
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<PAGE>      PAGE  13
070 I010200 N
070 I020200 N
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070 J020200 Y
070 K010200 Y
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070 L010200 Y
070 L020200 Y
070 M010200 Y
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<PAGE>      PAGE  14
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SIGNATURE   STEVE GAST                                   
TITLE       MUTUAL FUND ACCT.   
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
       
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

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