<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 0000874505
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 COHEN & STEERS REALTY SHARES, INC.
001 B000000 811-6302
001 C000000 6175578732
002 A000000 73 TREMONT ST.
002 B000000 BOSTON
002 C000000 MA
002 D010000 02108
002 D020000 3913
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 COHEN AND STEERS CAPITAL MANAGEMENT, INC.
008 B000001 A
008 C000001 801-27721
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10017
010 A000001 CHASE GLOBAL FUNDS SERVICES COMPANY
010 B000001 84-1719
010 C010001 BOSTON
010 C020001 MA
010 C030001 02108
010 C040001 3913
012 A000001 CHASE GLOBAL FUNDS SERVICES COMPANY
012 B000001 84-1719
012 C010001 BOSTON
012 C020001 MA
012 C030001 02108
012 C040001 3913
<PAGE> PAGE 2
013 A000001 COOPERS & LYBRAND L.L.P.
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
015 A000001 THE CHASE MANHATTAN BANK, N.A.
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10003
015 C040001 9598
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 3
019 C000000 COHENSTEER
020 A000001 JEFFRIES & CO., INC.
020 B000001 95-2622920
020 C000001 191
020 A000002 REYNDERS,GREY & CO., INC.
020 B000002 13-2942212
020 C000002 174
020 A000003 MERRILL LYNCH & CO., INC.
020 B000003 13-5674085
020 C000003 171
020 A000004 GREEN STREET FINANCIAL CORP.
020 B000004 33-0110026
020 C000004 140
020 A000005 SCHWAB (CHARLES) & CO., INC.
020 B000005 94-1737782
020 C000005 77
020 A000006 BROWN (ALEX) & SONS
020 B000006 52-0256630
020 C000006 75
020 A000007 NATWEST SECURITIES CORP.
020 C000007 70
020 A000008 PAINE WEBBER, INC.
020 B000008 13-2638166
020 C000008 47
020 A000009 LEHMAN BROTHERS, INC.
020 B000009 94-2537674
020 C000009 40
020 A000010 PRUDENTIAL-BACHE SECURITIES, INC.
020 B000010 22-2347336
020 C000010 35
021 000000 1195
022 A000001 CHASE MANHATTAN BANK
022 B000001 13-2633612
022 C000001 3322351
022 D000001 0
022 A000002 CHEMICAL BANK
022 B000002 13-4994650
<PAGE> PAGE 3
022 C000002 3232218
022 D000002 0
022 A000003 MERRILL LYNCH & CO., INC.
022 B000003 13-5674085
022 C000003 78802
022 D000003 0
022 A000004 LEHMAN BROTHERS, INC.
022 B000004 94-2537674
022 C000004 39813
022 D000004 0
022 A000005 FORD MOTOR CREDIT
022 C000005 21535
022 D000005 0
022 A000006 MORGAN STANLEY & CO., INC.
022 B000006 13-2655998
022 C000006 11909
022 D000006 0
022 A000007 GOLDMAN SACHS
022 B000007 13-5108880
022 C000007 2861
022 D000007 0
022 A000008 DONALDSON, LUFKIN, & JENRETTE SECURITIES
022 B000008 13-2747129
022 C000008 2368
022 D000008 0
022 A000009 SMITH BARNEY, HARRIS, UPHAM & CO., INC.
022 B000009 13-1912900
022 C000009 1965
022 D000009 0
022 A000010 BROWN (ALEX) & SONS
022 B000010 52-0256630
022 C000010 1628
022 D000010 0
023 C000000 6716577
023 D000000 1131
024 000000 N
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 68754
028 A020000 0
028 A030000 0
028 A040000 20754
028 B010000 43590
<PAGE> PAGE 4
028 B020000 0
028 B030000 0
028 B040000 20446
028 C010000 40093
028 C020000 10090
028 C030000 0
028 C040000 21125
028 D010000 34210
028 D020000 0
028 D030000 0
028 D040000 34061
028 E010000 52081
028 E020000 0
028 E030000 0
028 E040000 30574
028 F010000 88824
028 F020000 10852
028 F030000 0
028 F040000 14923
028 G010000 327552
028 G020000 20942
028 G030000 0
028 G040000 141883
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 N
041 000000 N
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
<PAGE> PAGE 5
046 000000 N
047 000000 Y
048 000000 0.850
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
<PAGE> PAGE 6
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 10000
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 Y
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
<PAGE> PAGE 7
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 Y
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 348904
071 B000000 167843
071 C000000 847483
071 D000000 40
072 A000000 6
072 B000000 1333
072 C000000 28677
072 D000000 0
072 E000000 0
072 F000000 3774
072 G000000 661
072 H000000 0
072 I000000 0
072 J000000 106
072 K000000 0
072 L000000 48
072 M000000 14
072 N000000 88
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 21
072 S000000 17
072 T000000 0
072 U000000 14
072 V000000 0
072 W000000 52
072 X000000 4795
072 Y000000 58
072 Z000000 25273
<PAGE> PAGE 8
072AA000000 11310
072BB000000 0
072CC010000 34344
072CC020000 0
072DD010000 24924
072DD020000 0
072EE000000 0
073 A010000 0.9400
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 1
074 B000000 0
074 C000000 66526
074 D000000 0
074 E000000 0
074 F000000 989120
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 7760
074 K000000 0
074 L000000 28174
074 M000000 91
074 N000000 1091672
074 O000000 44053
074 P000000 935
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 986
074 S000000 0
074 T000000 1045698
074 U010000 28743
074 U020000 0
074 V010000 36.38
074 V020000 0.00
074 W000000 0.0000
074 X000000 2976
074 Y000000 0
075 A000000 0
075 B000000 893676
076 000000 0.00
077 A000000 N
078 000000 N
SIGNATURE ELIZABETH REAGAN
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000874505
<NAME> COHEN & STEERS REALTY SHARES, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 972,857
<INVESTMENTS-AT-VALUE> 1,055,646
<RECEIVABLES> 35,934
<ASSETS-OTHER> 91
<OTHER-ITEMS-ASSETS> 1
<TOTAL-ASSETS> 1,091,672
<PAYABLE-FOR-SECURITIES> 44,053
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,921
<TOTAL-LIABILITIES> 45,974
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 942,720
<SHARES-COMMON-STOCK> 28,743
<SHARES-COMMON-PRIOR> 22,908
<ACCUMULATED-NII-CURRENT> 349
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 19,840
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 82,789
<NET-ASSETS> 1,045,698
<DIVIDEND-INCOME> 28,677
<INTEREST-INCOME> 1,333
<OTHER-INCOME> 0
<EXPENSES-NET> (4,737)
<NET-INVESTMENT-INCOME> 25,273
<REALIZED-GAINS-CURRENT> 11,310
<APPREC-INCREASE-CURRENT> 34,344
<NET-CHANGE-FROM-OPS> 70,927
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (24,924)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,310
<NUMBER-OF-SHARES-REDEEMED> (4,064)
<SHARES-REINVESTED> 589
<NET-CHANGE-IN-ASSETS> 252,614
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 8,530
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,774
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,795
<AVERAGE-NET-ASSETS> 893,676
<PER-SHARE-NAV-BEGIN> 34.62
<PER-SHARE-NII> 0.95
<PER-SHARE-GAIN-APPREC> 1.75
<PER-SHARE-DIVIDEND> (0.94)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 36.38
<EXPENSE-RATIO> 1.07
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
