<PAGE> PAGE 1
000 B000000 03/31/97
000 C000000 088053
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 SCUDDER INTERNATIONAL FUND, INC.
001 B000000 811-642
001 C000000 6172952567
002 A000000 345 PARK AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10154
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 SCUDDER INTERNATIONAL FUND
007 C030100 N
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
020 A000001 MORGAN STANLEY
020 B000001 13-2655998
020 C000001 717
020 A000002 DEUTSCHE BANK CAPITAL
020 C000002 491
020 A000003 UBS SECURITIES, INC.
020 C000003 347
020 A000004 GOLDMAN, SACHS & CO.
020 C000004 337
020 A000005 SG WARBURG SECURITIES, INC.
020 C000005 259
020 A000006 MERRILL LYNCH
020 C000006 312
020 A000007 LEHMAN BROTHERS
020 C000007 228
020 A000008 BARING SECURITIES, INC.
020 C000008 197
<PAGE> PAGE 2
020 A000009 ROBERT FLEMING, INC.
020 C000009 184
020 A000010 BZW SECURITIES, INC.
020 C000010 163
021 000000 5276
022 A000001 MORGAN STANLEY & CO., INC.
022 C000001 112286
022 D000001 126028
022 A000002 DEUTSCHE BANK A.G.
022 C000002 112557
022 D000002 57301
022 A000003 UBS SECURITIES, L.L.C.
022 C000003 90125
022 D000003 71698
022 A000004 GOLDMAN, SACHS & CO.
022 C000004 63725
022 D000004 94984
022 A000005 SBC WARBURG, INC.
022 C000005 56430
022 D000005 45190
022 A000006 MERRILL LYNCH
022 C000006 63719
022 D000006 36917
022 A000007 LEHMAN BROTHERS, INC.
022 C000007 2303
022 D000007 79348
022 A000008 ROBERT FLEMING, INC.
022 C000008 24522
022 D000008 42709
022 A000009 NATWEST SECURITIES CORP.
022 C000009 18047
022 D000009 45188
022 A000010 DAIWA SECURITIES AMERICA, INC.
022 C000010 18238
022 D000010 44018
023 C000000 822928
023 D000000 1004967
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
<PAGE> PAGE 3
077 O000000 N
077 P000000 N
010 A000101 SCUDDER FUND ACCOUNTING CORPORATION
010 C010101 BOSTON
010 C020101 MA
010 C030101 02107
010 C040101 2291
014 A000101 SCUDDER INVESTOR SERVICES, INC.
014 B000101 8-298
015 A000101 BROWN BROTHERS HARRIMAN AND COMPANY
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02109
015 E010101 X
015 A000102 NATIONAL AUSTRALIA BANK LTD.
015 B000102 S
015 C010102 AUCKLAND
015 D010102 NEW ZEALAND
015 E040102 X
015 A000103 CREDITANSTALT BANKVEREIN
015 B000103 S
015 C010103 VIENNA
015 D010103 AUSTRIA
015 E040103 X
015 A000105 CANADIAN IMPERIAL BANK OF COMMERCE
015 B000105 S
015 C010105 TORONTO
015 D010105 CANADA
015 E040105 X
015 A000107 MERITA BANK
015 B000107 S
015 C010107 HELSINKI
015 D010107 FINLAND
015 E040107 X
015 A000108 BANQUE PARIBUS
015 B000108 S
015 C010108 PARIS
015 D010108 FRANCE
015 E040108 X
015 A000109 CITIBANK N.A.
015 B000109 S
015 C010109 ATHENS
015 D010109 GREECE
015 E040109 X
015 A000110 HONG KONG & SHANGHAI BANKING CORP., HONG KONG
015 B000110 S
015 C010110 HONG KONG
015 D010110 HONG KONG
015 E040110 X
015 A000111 CITIBANK N.A.
<PAGE> PAGE 4
015 B000111 S
015 C010111 JAKARTA
015 D010111 INDONESIA
015 E040111 X
015 A000112 ALLIED IRISH BANKS
015 B000112 S
015 C010112 DUBLIN
015 D010112 IRELAND
015 E040112 X
015 A000113 BANCA COMMERCIALE ITALIANA
015 B000113 S
015 C010113 MILAN
015 D010113 ITALY
015 E040113 X
015 A000114 SUMITOMO TRUST & BANKING CO., LTD.
015 B000114 S
015 C010114 OSAKA
015 D010114 JAPAN
015 E040114 X
015 A000115 HONGKONG BANK MALAYSIA BERHARD
015 B000115 S
015 C010115 KUALA LUMPUR
015 D010115 MALAYSIA
015 E040115 X
015 A000116 CITIBANK MEXICO, S.A.
015 B000116 S
015 C010116 MEXICO CITY
015 D010116 MEXICO
015 E040116 X
015 A000117 ABN-AMRO BANK
015 B000117 S
015 C010117 AMSTERDAM
015 D010117 NETHERLANDS
015 E040117 X
015 A000118 NATIONAL AUSTRALIA BANK LIMITED
015 B000118 S
015 C010118 MELBOURNE
015 D010118 AUSTRALIA
015 E040118 X
015 A000119 DEN NORSKE BANK
015 B000119 S
015 C010119 OSLO
015 D010119 NORWAY
015 E040119 X
015 A000120 CITIBANK N.A.
015 B000120 S
015 C010120 MANILA
015 D010120 PHILIPPINES
015 E040120 X
015 A000121 BANCO ESPIRITO SANTO E COMERCIAL DE LISBOA
015 B000121 S
<PAGE> PAGE 5
015 C010121 LISBON
015 D010121 PORTUGAL
015 E040121 X
015 A000122 HONGKONG & SHANGHAI BANKING CORP., SINGAPORE
015 B000122 S
015 C010122 SINGAPORE
015 D010122 SINGAPORE
015 E040122 X
015 A000123 FIRST NATIONAL BANK OF SOUTH AFRICA
015 B000123 S
015 C010123 JOHANNESBURG
015 D010123 SOUTH AFRICA
015 E040123 X
015 A000124 BANCO SANTANDER
015 B000124 S
015 C010124 MADRID
015 D010124 SPAIN
015 E040124 X
015 A000125 SKANDINAVISKA ENSKILDA BANKEN
015 B000125 S
015 C010125 STOCKHOLM
015 D010125 SWEDEN
015 E040125 X
015 A000126 SWISS BANK CORPORATION
015 B000126 S
015 C010126 ZURICH
015 D010126 SWITZERLAND
015 E040126 X
015 A000127 HONG KONG & SHANGHAI BANKING CORP
015 B000127 S
015 C010127 BANGKOK
015 D010127 THAILAND
015 E040127 X
015 A000128 LLOYDS BANK PLC
015 B000128 S
015 C010128 LONDON
015 D010128 UNITED KINGDOM
015 E040128 X
015 A000129 DRESDNER
015 B000129 S
015 C010129 FRANKFURT
015 D010129 GERMANY
015 E040129 X
015 A000131 BANQUE BRUXELLAS LAMBERT
015 B000131 S
015 C010131 BRUSSELS
015 D010131 BELGIUM
015 E040131 X
015 A000133 DEN DANSKE BANK
015 B000133 S
015 C010133 COPENHAGEN
<PAGE> PAGE 6
015 D010133 DENMARK
015 E040133 X
015 A000143 THE FIRST NATIONAL BANK OF BOSTON
015 B000143 S
015 C010143 BUENOS AIRES
015 D010143 ARGENTINA
015 E040143 X
015 A000144 CITIBANK N.A.
015 B000144 S
015 C010144 SEOUL
015 D010144 KOREA
015 E040144 X
015 A000145 CITIBANK N.A.
015 B000145 S
015 C010145 CARACAS
015 D010145 VENEZUELA
015 E040145 X
015 A000146 FIRST NATIONAL BANK OF BOSTON, BRAZIL
015 B000146 S
015 C010146 SAO PAULO
015 D010146 BRAZIL
015 E040146 X
015 A000152 CITIBANK N.A.
015 B000152 S
015 C010152 ISTANBUL
015 D010152 TURKEY
015 E040152 X
015 A000153 STANDARD CHARTERED BANK
015 B000153 S
015 C010153 KARACHI
015 D010153 PAKISTAN
015 E040153 X
015 A000154 THE HONG KONG & SHANGHAI BANKING CORPORATION
015 B000154 S
015 C010154 COLUMBO
015 D010154 SRI LANKA
015 E040154 X
015 A000158 CITIBANK N.A.
015 B000158 S
015 C010158 SANTIAGO
015 D010158 CHILE
015 E040158 X
015 A000160 CITIBANK N.A.
015 B000160 S
015 C010160 BUDAPEST
015 D010160 HUNGARY
015 E040160 X
015 A000161 CITIBANK N.A.
015 B000161 S
015 C010161 MUMBAI
015 D010161 INDIA
<PAGE> PAGE 7
015 E040161 X
015 A000162 BANK HAPOALIM B.M.
015 B000162 S
015 C010162 TEL AVIV
015 D010162 ISRAEL
015 E040162 X
015 A000164 CITIBANK N.A.
015 B000164 S
015 C010164 LIMA
015 D010164 PERU
015 E040164 X
015 A000166 CITIBANK POLAND S.A.
015 B000166 S
015 C010166 WARSAW
015 D010166 POLAND
015 E040166 X
015 A000171 CENTRAL TRUST OF CHINA
015 B000171 S
015 C010171 TAIPEI
015 D010171 TAIWAN
015 E040171 X
015 A000173 THE FIRST NATIONAL BANK OF BOSTON, MONTEVIDEO
015 B000173 S
015 C010173 MONTEVIDEO
015 D010173 URUGUAY
015 E040173 X
015 A000174 CITITRUST COLOMBIA, S.A.
015 B000174 S
015 C010174 BOGATA
015 D010174 COLOMBIA
015 E040174 X
015 A000175 CITIBANK, N.A., CAIRO
015 B000175 S
015 C010175 CAIRO
015 D010175 EGYPT
015 E040175 X
015 A000176 ARAB BANK PLC
015 B000176 S
015 C010176 AMMAN
015 D010176 JORDAN
015 E040176 X
015 A000177 BANQUE MAROCAINE DU COMMERCE EXTERIEUR
015 B000177 S
015 C010177 CASABLANCA
015 D010177 MOROCCO
015 E040177 X
015 A000179 STANDARD CHARTERED BANK
015 B000179 S
015 C010179 SHENZHEN
015 D010179 CHINA
015 E040179 X
<PAGE> PAGE 8
015 A000180 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000180 S
015 C010180 PRAGUE
015 D010180 CZECH REPUBLIC
015 E040180 X
015 A000181 STANDARD CHARTERED BANK
015 B000181 S
015 C010181 DHAKA
015 D010181 BANGLADESH
015 E040181 X
015 A000182 BARCLAYS BANK OF BOTSWANA LIMITED
015 B000182 S
015 C010182 GABORONE
015 D010182 BOTSWANA
015 E040182 X
015 A000183 STANDARD CHARTERED BANK, SHANGHAI
015 B000183 S
015 C010183 SHANGHAI
015 D010183 CHINA
015 E040183 X
015 A000184 CITIBANK, N.A. QUITO
015 B000184 S
015 C010184 QUITO
015 D010184 ECUADOR
015 E040184 X
015 A000185 BARCLAYS BANK OF GHANA LIMITED
015 B000185 S
015 C010185 ACCRA
015 D010185 GHANA
015 E040185 X
015 A000186 BARCLAYS BANK OF KENYA LIMITED
015 B000186 S
015 C010186 NAIROBI
015 D010186 KENYA
015 E040186 X
015 A000187 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000187 S
015 C010187 BRATSLAVA
015 D010187 SLOVAKIA
015 E040187 X
015 A000188 BARCLAYS BANK OF SWAZILAND LIMITED
015 B000188 S
015 C010188 MBABNE
015 D010188 SWAZILAND
015 E040188 X
015 A000189 STANBIC BANK ZAMBIA LTD.
015 B000189 S
015 C010189 XXXXX
015 D010189 ZAMBIA
015 E040189 X
015 A000190 STANBIC BANK ZIMBABWE LTD.
<PAGE> PAGE 9
015 B000190 S
015 C010190 HARARE
015 D010190 ZIMBABWE
015 E040190 X
018 000100 Y
019 A000100 Y
019 B000100 55
019 C000100 SCUDDERRRR
028 A010100 43237
028 A020100 0
028 A030100 0
028 A040100 59548
028 B010100 42549
028 B020100 0
028 B030100 0
028 B040100 37145
028 C010100 38548
028 C020100 91484
028 C030100 0
028 C040100 87194
028 D010100 59496
028 D020100 0
028 D030100 0
028 D040100 71201
028 E010100 50073
028 E020100 0
028 E030100 0
028 E040100 83755
028 F010100 74235
028 F020100 0
028 F030100 0
028 F040100 79087
028 G010100 308138
028 G020100 91484
028 G030100 0
028 G040100 417930
028 H000100 0
034 000100 N
035 000100 0
036 B000100 0
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
<PAGE> PAGE 10
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 874321
071 B000100 1039474
071 C000100 2442083
<PAGE> PAGE 11
071 D000100 36
072 A000100 12
072 B000100 7385
072 C000100 38314
072 D000100 0
072 E000100 0
072 F000100 20989
072 G000100 0
072 H000100 0
072 I000100 4647
072 J000100 2742
072 K000100 0
072 L000100 465
072 M000100 62
072 N000100 64
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 139
072 S000100 57
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 230
072 X000100 29395
072 Y000100 0
072 Z000100 16304
072AA000100 104827
072BB000100 0
072CC010100 140573
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 1.2800
073 A020100 0.0000
073 B000100 1.1900
073 C000100 0.0000
074 A000100 0
074 B000100 38937
074 C000100 146966
074 D000100 21074
074 E000100 0
074 F000100 2378695
074 G000100 0
074 H000100 0
074 I000100 644
074 J000100 22347
074 K000100 0
074 L000100 9819
074 M000100 65
<PAGE> PAGE 12
074 N000100 2618547
074 O000100 28939
074 P000100 1752
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 4824
074 S000100 0
074 T000100 2583032
074 U010100 53734143
074 U020100 0
074 V010100 48.07
074 V020100 0.00
074 W000100 0.0000
074 X000100 115009
074 Y000100 0
075 A000100 0
075 B000100 2565801
076 000100 0.00
080 A000100 NATIONAL UNION FIRE INS. CO. OF PITTSBURG
080 B000100 GULF INSURANCE CO.
080 C000100 50000
081 A000100 Y
081 B000100 17
082 A000100 N
082 B000100 0
083 A000100 N
083 B000100 0
084 A000100 N
084 B000100 0
085 A000100 Y
085 B000100 N
SIGNATURE THOMAS F. MCDONOUGH
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Scudder International Annual Report for the fiscal year ended
March 31, 1997 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<SERIES>
<NUMBER>1
<NAME> Scudder International Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> Mar-31-1997
<PERIOD-START> Apr-01-1996
<PERIOD-END> Mar-31-1997
<INVESTMENTS-AT-COST> 1,925,260,733
<INVESTMENTS-AT-VALUE> 2,585,671,373
<RECEIVABLES> 32,165,341
<ASSETS-OTHER> 709,597
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,618,546,311
<PAYABLE-FOR-SECURITIES> 28,939,107
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6,576,518
<TOTAL-LIABILITIES> 35,515,625
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,921,042,575
<SHARES-COMMON-STOCK> 53,734,143
<SHARES-COMMON-PRIOR> 55,022,967
<ACCUMULATED-NII-CURRENT> 1,417,347
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 249,360
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 660,321,404
<NET-ASSETS> 2,583,030,686
<DIVIDEND-INCOME> 38,314,671
<INTEREST-INCOME> 7,385,262
<OTHER-INCOME> 0
<EXPENSES-NET> 29,395,448
<NET-INVESTMENT-INCOME> 16,304,485
<REALIZED-GAINS-CURRENT> 104,826,570
<APPREC-INCREASE-CURRENT> 140,573,351
<NET-CHANGE-FROM-OPS> 261,704,406
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (68,670,750)
<DISTRIBUTIONS-OF-GAINS> (64,600,067)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,978,853
<NUMBER-OF-SHARES-REDEEMED> (15,775,731)
<SHARES-REINVESTED> 2,508,054
<NET-CHANGE-IN-ASSETS> 68,076,369
<ACCUMULATED-NII-PRIOR> (14,026,160)
<ACCUMULATED-GAINS-PRIOR> 27,744,228
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 20,989,160
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 2,565,801,055
<PER-SHARE-NAV-BEGIN> 45.71
<PER-SHARE-NII> (0.30)
<PER-SHARE-GAIN-APPREC> (4.50)
<PER-SHARE-DIVIDEND> 1.28
<PER-SHARE-DISTRIBUTIONS> 1.19
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 48.07
<EXPENSE-RATIO> 1.15
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
COOPERS & LYBRAND
REPORT OF INDEPENDENT ACCOUNTANTS
To the Board of Directors of Scudder International Fund, Inc. and the
Shareholders of Scudder International Fund:
In planning and performing our audit of the financial statements and
financial highlights of Scudder International Fund for the year ended March 31,
1997, we considered its internal control structure, including procedures for
safeguarding securities, in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and financial
highlights and to comply with the requirements of Form N-SAR, not to provide
assurance on the internal control structure.
The management of Scudder International Fund is responsible for
establishing and maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of internal control structure policies and
procedures. Two of the objectives of an internal control structure are to
provide management with reasonable, but not absolute, assurance that assets are
safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors
or irregularities may occur and not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that it may
become inadequate because of changes in conditions or that the effectiveness of
the design and operations may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce to
a relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements and financial
highlights being audited may occur and not be detected within a timely period by
employees in the normal course of performing their assigned functions. However,
we noted no matters involving the internal control structure, including
procedures for safeguarding securities, that we consider to be material
weaknesses, as defined above, as of March 31, 1997.
This report is intended solely for the information and use of management of
Scudder International Fund and the Securities and Exchange Commission.
/s/COOPERS & LYBRAND L.L.P.
Boston, Massachusetts COOPERS & LYBRAND L.L.P.
May 16, 1997
