NEW USA MUTUAL FUNDS INC
NSAR-A, 1997-09-29
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<PAGE>      PAGE  1
000 A000000 07/31/97
000 C000000 0000882417
000 D000000 Y
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 NEW USA MUTUAL FUNDS, INC.
001 B000000 811-6519
001 C000000 3104486830
002 A000000 1776 HERITAGE DRIVE
002 B000000 NORTH QUINCY
002 C000000 MA
002 D010000 02171
003  000000 N
004  000000 Y
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007 C020100 NEW USA GROWTH FUND
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008 A00AA01 NEW USA RESEARCH + MANAGEMENT CO.
008 B00AA01 A
008 C00AA01 801-40640
008 D01AA01 LOS ANGELES
008 D02AA01 CA
008 D03AA01 90066
010 A00AA01 STATE STREET BANK & TRUST
010 B00AA01 85-05003
010 C01AA01 NORTH QUINCY
010 C02AA01 MA
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011 A00AA01 WILLIAM O'NEIL + CO. INCORPORATED
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011 C01AA01 LOS ANGELES
011 C02AA01 CA
011 C03AA01 90066
012 A00AA01 STATE STREET BANK AND TRUST CO.
<PAGE>      PAGE  2
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020 A000003 BRADFORD (J.C.) & CO.
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020 C000003     33
020 A000004 JEFFERIES & COMPANY, INC.
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020 A000005 MONTGOMERY SEC.
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020 A000006 JONES & ASSOCIATES, INC.
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020 C000010      6
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<PAGE>      PAGE  3
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022 A000005 OPPENHEIMER & CO., INC.
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SIGNATURE   JOHN KERNAN                                  
TITLE       ASSISTANT VICE PRES.
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000882417
<NAME> NEW USA MUTUAL FUNDS, INC.
       
<S>                             <C>
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</TABLE>


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