59 WALL STREET FUND INC
NSAR-A, 1997-07-09
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000 A000000 04/30/97
000 C000000 0000865898
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 THE 59 WALL STREET FUND, INC.
001 B000000 811-06139
001 C000000 6174230800
002 A000000 6 ST. JAMES AVENUE, 9TH FLOOR
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 THE 59 WALL STREET PACIFIC BASIN EQUITY FUND
007 C030100 N
007 C010200  2
007 C020200 THE 59 WALL STREET EUROPEAN EQUITY FUND
007 C030200 N
007 C010300  3
007 C020300 THE 59 WALL STREET SMALL COMPANY FUND
007 C030300 N
007 C010400  4
007 C020400 THE 59 WALL STREET US EQUITY FUND
007 C030400 N
007 C010500  5
007 C020500 THE 59 WALL ST.INFLATION INDEXED SECURITIES
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 CAPEL, JAMES INC
020 B000001 52-1348224
020 C000001     96
020 A000002 SALOMON BROTHERS
020 B000002 13-3082694
020 C000002     71
020 A000003 MERRILL LYNCHINCORPORATED
020 B000003 13-5674085
020 C000003     46
<PAGE>      
020 A000004 W I CARR
020 B000004 13-3834734
020 C000004     41
020 A000005 COUNTY NATWEST
020 C000005     35
020 A000006 KLEINWORT BENSON
020 B000006 13-2647786
020 C000006     28
020 A000007 GLOBAL SECURITIES
020 C000007     28
020 A000008 SG WARBURG
020 B000008 13-3340045
020 C000008     24
020 A000009 BARRINGS
020 C000009     20
020 A000010 SCHRODER WERTHEIM & CO.
020 B000010 13-2697272
020 C000010     19
021  000000      629
022 A000001 JP MORGAN
022 B000001 13-3224016
022 C000001    156513
022 D000001       760
022 A000002 LANSTON
022 B000002 13-5552129
022 C000002      1400
022 D000002         0
022 A000003 SALOMON BROS.
022 B000003 13-3082694
022 C000003      7679
022 D000003       757
022 A000004 GOLDMAN SACHS
022 B000004 13-5108880
022 C000004      4953
022 D000004      2765
022 C000005         0
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023 D000000       4283
037  00AA00 N
038  00AA00      0
<PAGE>     
039  00AA00 N
040  00AA00 N
041  00AA00 N
077 A000000 N
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080 A00AA00 CHUBB GROUP OF INSURANCE COMPANIES
080 C00AA00     2900
081 A00AA00 Y
081 B00AA00   7
082 A00AA00 Y
082 B00AA00       25
083 A00AA00 N
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084 B00AA00        0
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055 A000100 N
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055 A000200 N
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<PAGE>      
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073 A020200   0.0000
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<PAGE>      
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028 G040300      2287
<PAGE>     
028 H000300         0
055 A000300 N
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056  000300 N
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062 B000300   0.0
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072 X000300       59
<PAGE>      
072 Y000300        0
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072CC020300     4267
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072EE000300     1445
073 A010300   0.0100
073 A020300   0.0000
073 B000300   0.6100
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<PAGE>     
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055 A000400 N
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056  000400 N
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062 A000400 N
062 B000400   0.0
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071 A000400     15098
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<PAGE>      
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073 B000400   1.3400
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SIGNATURE   JOHN R. ELDER                                
TITLE       TREASURER           

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the 59 Wall
Street Pacific Basin Equity Fund Semi-Annual Report dated 4/30/97 and is
qualified in its entirety by reference to such report.
</LEGEND>
<CIK> 0000865898
<NAME> THE 59 WALL STREET EQUITY FUND, INC.
<SERIES>
   <NUMBER> 1
   <NAME> THE 59 WALL STREET PACIFIC BASIN EQUITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                      147,618,682
<INVESTMENTS-AT-VALUE>                     132,392,287
<RECEIVABLES>                                1,647,912
<ASSETS-OTHER>                               2,920,662
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             136,960,861
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      881,289
<TOTAL-LIABILITIES>                            881,289
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   157,158,410
<SHARES-COMMON-STOCK>                        5,061,466
<SHARES-COMMON-PRIOR>                        4,990,856
<ACCUMULATED-NII-CURRENT>                            0
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<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     4,269,955
<ACCUM-APPREC-OR-DEPREC>                  (15,232,497)
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<DIVIDEND-INCOME>                              761,240
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 857,697
<NET-INVESTMENT-INCOME>                       (96,457)
<REALIZED-GAINS-CURRENT>                   (2,003,527)
<APPREC-INCREASE-CURRENT>                 (10,064,270)
<NET-CHANGE-FROM-OPS>                     (12,164,254)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,234,741
<DISTRIBUTIONS-OF-GAINS>                     3,659,655
<DISTRIBUTIONS-OTHER>                                0
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<INTEREST-EXPENSE>                                   0
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<AVERAGE-NET-ASSETS>                       145,237,817
<PER-SHARE-NAV-BEGIN>                            30.19
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                         (2.31)
<PER-SHARE-DIVIDEND>                              0.25
<PER-SHARE-DISTRIBUTIONS>                         0.73
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              26.89
<EXPENSE-RATIO>                                   1.30
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the 59 Wall
Street European Equity Fund Semi-Annual Report dated 4/30/97 and is qualified in
its entirety by reference to such report.
</LEGEND>
<CIK> 0000865898
<NAME> THE 59 WALL STREET FUND, INC.
<SERIES>
   <NUMBER> 2
   <NAME> THE 59 WALL STREET EUROPEAN EQUITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                      129,748,610
<INVESTMENTS-AT-VALUE>                     147,640,797
<RECEIVABLES>                                4,831,551
<ASSETS-OTHER>                               5,623,474
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             158,095,822
<PAYABLE-FOR-SECURITIES>                     3,903,757
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      534,563
<TOTAL-LIABILITIES>                          4,438,320
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   127,704,411
<SHARES-COMMON-STOCK>                        4,485,513
<SHARES-COMMON-PRIOR>                        4,179,145
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          36,490
<ACCUMULATED-NET-GAINS>                      8,194,790
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    17,794,791
<NET-ASSETS>                               153,657,502
<DIVIDEND-INCOME>                            1,463,524
<INTEREST-INCOME>                               25,989
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 870,872
<NET-INVESTMENT-INCOME>                        618,641
<REALIZED-GAINS-CURRENT>                     8,194,790
<APPREC-INCREASE-CURRENT>                    (511,451)
<NET-CHANGE-FROM-OPS>                        8,301,980
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,711,429
<DISTRIBUTIONS-OF-GAINS>                     9,446,042
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        492,164
<NUMBER-OF-SHARES-REDEEMED>                    206,975
<SHARES-REINVESTED>                             21,179
<NET-CHANGE-IN-ASSETS>                       7,307,479
<ACCUMULATED-NII-PRIOR>                      1,056,298
<ACCUMULATED-GAINS-PRIOR>                    9,446,043
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          485,226
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                873,072
<AVERAGE-NET-ASSETS>                       150,240,592
<PER-SHARE-NAV-BEGIN>                            35.02
<PER-SHARE-NII>                                   0.15
<PER-SHARE-GAIN-APPREC>                           1.77
<PER-SHARE-DIVIDEND>                              0.41
<PER-SHARE-DISTRIBUTIONS>                         2.27
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              34.26
<EXPENSE-RATIO>                                   1.23
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial informationextracted from the 59 Wall
Street Small Company Fund Semi-Annual Report dated 4/30/97 and is qualified in
its entirety by reference to such report.
</LEGEND>
<CIK> 0000865898
<NAME> THE 59 WALL STREET FUND, INC.
<SERIES>
   <NUMBER> 3
   <NAME> THE 59 WALL STREET SMALL COMPANY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                       31,781,288
<INVESTMENTS-AT-VALUE>                      34,399,990
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              34,399,990
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      379,990
<TOTAL-LIABILITIES>                            379,990
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    27,626,847
<SHARES-COMMON-STOCK>                        2,412,890
<SHARES-COMMON-PRIOR>                        2,363,961
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          12,079
<ACCUMULATED-NET-GAINS>                      3,786,530
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     2,618,702
<NET-ASSETS>                                34,020,000
<DIVIDEND-INCOME>                              165,679
<INTEREST-INCOME>                               26,582
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 200,424
<NET-INVESTMENT-INCOME>                        (8,163)
<REALIZED-GAINS-CURRENT>                     3,823,177
<APPREC-INCREASE-CURRENT>                  (4,267,163)
<NET-CHANGE-FROM-OPS>                        (452,149)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       11,286
<DISTRIBUTIONS-OF-GAINS>                     1,445,257
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        197,600
<NUMBER-OF-SHARES-REDEEMED>                    155,790
<SHARES-REINVESTED>                              7,119
<NET-CHANGE-IN-ASSETS>                     (1,081,824)
<ACCUMULATED-NII-PRIOR>                          7,370
<ACCUMULATED-GAINS-PRIOR>                    1,408,824
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                230,424
<AVERAGE-NET-ASSETS>                        36,742,759
<PER-SHARE-NAV-BEGIN>                            14.85
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                         (0.12)
<PER-SHARE-DIVIDEND>                              0.01
<PER-SHARE-DISTRIBUTIONS>                         0.61
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.10
<EXPENSE-RATIO>                                   1.10
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the 59 Wall
Street U. S. Equity Fund Semi-Annual Report dated 4/30/97 and is qualified in
its entirety by reference to such report.
</LEGEND>
<CIK> 0000865898
<NAME> THE 59 WALL STREET FUND, INC.
<SERIES>
   <NUMBER> 04
   <NAME> THE 59 WALL STREET FUND U. S. EQUITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                       43,448,730
<INVESTMENTS-AT-VALUE>                      57,339,818
<RECEIVABLES>                                  126,440
<ASSETS-OTHER>                                 794,988
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              58,261,246
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      785,148
<TOTAL-LIABILITIES>                            785,148
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    41,180,627
<SHARES-COMMON-STOCK>                        1,282,630
<SHARES-COMMON-PRIOR>                        1,200,204
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           4,169
<ACCUMULATED-NET-GAINS>                      2,408,552
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    13,891,088
<NET-ASSETS>                                57,476,098
<DIVIDEND-INCOME>                              467,019
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 322,605
<NET-INVESTMENT-INCOME>                        144,414
<REALIZED-GAINS-CURRENT>                     2,504,211
<APPREC-INCREASE-CURRENT>                    2,296,035
<NET-CHANGE-FROM-OPS>                        4,944,660
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      182,214
<DISTRIBUTIONS-OF-GAINS>                     1,598,748
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        161,706
<NUMBER-OF-SHARES-REDEEMED>                    106,512
<SHARES-REINVESTED>                             27,232
<NET-CHANGE-IN-ASSETS>                       6,703,402
<ACCUMULATED-NII-PRIOR>                         33,631
<ACCUMULATED-GAINS-PRIOR>                    1,503,089
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          174,744
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                322,605
<AVERAGE-NET-ASSETS>                        54,213,098
<PER-SHARE-NAV-BEGIN>                            42.30
<PER-SHARE-NII>                                   0.12
<PER-SHARE-GAIN-APPREC>                           3.88
<PER-SHARE-DIVIDEND>                              0.15
<PER-SHARE-DISTRIBUTIONS>                         1.34
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              44.81
<EXPENSE-RATIO>                                   1.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the 59 Wall
Street Inflation Indexed Securities Fund Semi-Annual Report dated April 30, 1997
and is qualified in its entirety by reference to such report.
</LEGEND>
<CIK> 0000865898
<NAME> THE 59 WALL STREET FUND, INC.
<SERIES>
   <NUMBER> 05
   <NAME> THE 59 WALL STREET INFLATION INDEXED SECURITIES FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                       11,400,013
<INVESTMENTS-AT-VALUE>                      11,247,107
<RECEIVABLES>                                  690,583
<ASSETS-OTHER>                                  81,880
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              12,019,570
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       11,949
<TOTAL-LIABILITIES>                             11,949
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    12,674,342
<SHARES-COMMON-STOCK>                        1,268,499
<SHARES-COMMON-PRIOR>                        1,739,269
<ACCUMULATED-NII-CURRENT>                          684
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                       514,499
<ACCUM-APPREC-OR-DEPREC>                     (152,906)
<NET-ASSETS>                                12,007,621
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              488,163
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  60,500
<NET-INVESTMENT-INCOME>                        427,663
<REALIZED-GAINS-CURRENT>                      (43,068)
<APPREC-INCREASE-CURRENT>                    (257,176)
<NET-CHANGE-FROM-OPS>                          127,419
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      427,385
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        391,578
<NUMBER-OF-SHARES-REDEEMED>                    866,837
<SHARES-REINVESTED>                              4,489
<NET-CHANGE-IN-ASSETS>                     (4,813,098)
<ACCUMULATED-NII-PRIOR>                            406
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                     471,431
<GROSS-ADVISORY-FEES>                           27,391
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 60,500
<AVERAGE-NET-ASSETS>                        15,378,874
<PER-SHARE-NAV-BEGIN>                             9.67
<PER-SHARE-NII>                                   0.28
<PER-SHARE-GAIN-APPREC>                         (0.20)
<PER-SHARE-DIVIDEND>                              0.28
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.47
<EXPENSE-RATIO>                                   0.80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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