PIPER GLOBAL FUNDS INC /MN
NSAR-A, 1998-05-15
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<PAGE>      PAGE  1
000 A000000 03/31/98
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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<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
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010 C03AA01 55402
011 A00AA01 PIPER JAFFRAY INC.
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011 C03AA01 55402
012 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
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012 C01AA01 KANSAS CITY
012 C02AA01 MO
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012 C04AA01 1716
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012 B00AA02 85-15204
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012 C03AA02 55402
012 A00AA03 PIPER TRUST COMPANY
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012 C01AA03 MINNEAPOLIS
012 C02AA03 MN
<PAGE>      PAGE  4
012 C03AA03 55402
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
014 A00AA01 PIPER JAFFRAY INC.
014 B00AA01 8-15204
018  00AA00 Y
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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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070 I020100 N
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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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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
SIGNATURE   JON LILLEMOEN                                
TITLE       ACCOUNT ASSOCIATE   
 

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

<TABLE> <S> <C>

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

<TABLE> <S> <C>

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

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

<TABLE> <S> <C>

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