<PAGE> PAGE 1
000 B000000 12/31/98
000 C000000 0000884461
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 THE LATIN AMERICAN DISCOVERY FUND, INC.
001 B000000 811-6574
001 C000000 6175578732
002 A000000 73 TREMONT STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02108
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
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
<PAGE> PAGE 2
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
007 C018000 80
<PAGE> PAGE 3
007 C018100 81
007 C018200 82
007 C018300 83
007 C018400 84
007 C018500 85
007 C018600 86
007 C018700 87
007 C018800 88
007 C018900 89
007 C019000 90
008 A000001 MORGAN STANLEY DEAN WITTER INVESTMENT MANAGEM
008 B000001 A
008 C000001 801-15757
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10020
010 A000001 THE CHASE MANHATTAN BANK
010 C010001 BOSTON
010 C020001 MA
010 C030001 02108
010 A000002 UNIBANCO-UNIAO DE BANCOS BRASILEIROS S.A.
010 C010002 SAO PAULO
010 C050002 BRAZIL
010 A000003 BICE CHILECONSULT AGENTE DE VALORES S.A.
010 C010003 SANTIAGO
010 C050003 CHILE
010 A000004 CITITRUST S.A.
010 C010004 BOGOTA
010 C050004 COLOMBIA
012 A000001 BOSTON EQUISERVE
012 B000001 84-1-6522
012 C010001 BOSTON
012 C020001 MA
012 C030001 02102
012 C040001 0644
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 MORGAN STANLEY & CO.INCORPORATED
014 B000001 8-15869
014 A000002 DEAN WITTER REYNOLDS, INC.
014 B000002 8-00000000
015 A000001 THE CHASE MANHATTAN BANK
015 B000001 C
015 C010001 BROOKLYN
015 C020001 NY
015 C030001 11245
015 E040001 X
015 A000002 THE CHASE MANHATTAN BANK
015 B000002 C
<PAGE> PAGE 4
015 C010002 BROOKLYN
015 C020002 NY
015 C030002 11245
015 E010002 X
018 000000 Y
019 A000000 Y
019 B000000 59
019 C000000 MORGANSTAN
020 A000001 GOLDMAN SACHS
020 B000001 13-5108880
020 C000001 169
020 A000002 CS FIRST BOSTON CORP.
020 B000002 13-5659485
020 C000002 119
020 A000003 MERRILL LYNCH AND CO., INC.
020 B000003 13-5674085
020 C000003 119
020 A000004 SALOMON BROTHERS, INC.
020 B000004 13-3082694
020 C000004 106
020 A000005 MORGAN (J.P.) SECURITIES, INC.
020 B000005 13-3224016
020 C000005 99
020 A000006 ROBERT FLEMING CO.
020 C000006 85
020 A000007 BEAR STEARNS & CO., INC.
020 B000007 13-3299429
020 C000007 83
020 A000008 SANTANDER INVESTMENT SECURITIES
020 C000008 73
020 A000009 BANCO PACTUAL
020 C000009 69
020 A000010 WARBURG (S.G.) & CO., INC.
020 C000010 48
021 000000 1304
022 A000001 CHASE MANHATTAN BANK
022 B000001 13-2633612
022 C000001 1817374
022 D000001 0
022 A000002 MORGAN STANLEY & CO., INC.
022 B000002 13-2655998
022 C000002 13803
022 D000002 2983
022 A000003 MORGAN (J.P.) SECURITIES, INC.
022 B000003 13-3224016
022 C000003 2444
022 D000003 3956
022 A000004 CS FIRST BOSTON CORP.
022 B000004 13-5659485
022 C000004 3145
022 D000004 1536
<PAGE> PAGE 5
022 A000005 BICE
022 C000005 3785
022 D000005 6
022 A000006 WARBURG (S.G.) & CO., INC.
022 B000006 13-3340045
022 C000006 2627
022 D000006 574
022 A000007 SALOMON BROTHERS, INC.
022 B000007 13-3082694
022 C000007 898
022 D000007 1001
022 A000008 GOLDMAN SACHS
022 B000008 13-5108880
022 C000008 1191
022 D000008 351
022 A000009 BANKERS TRUST COMPANY
022 B000009 13-4941247
022 C000009 0
022 D000009 1496
022 A000010 SANTANDER INVESTMENTS SECURITIES
022 C000010 0
022 D000010 1361
023 C000000 1845873
023 D000000 14991
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
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 Y
027 000000 N
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
<PAGE> PAGE 6
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
035 000000 0
036 B000000 0
038 000000 0
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
046 000000 N
047 000000 Y
048 000000 1.150
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
<PAGE> PAGE 7
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 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
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 0
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
<PAGE> PAGE 8
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 Y
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
<PAGE> PAGE 9
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 230874
071 B000000 290958
071 C000000 129526
071 D000000 178
072 A000000 12
072 B000000 467
072 C000000 3892
072 D000000 0
072 E000000 0
072 F000000 1533
072 G000000 287
072 H000000 0
072 I000000 9
072 J000000 213
072 K000000 0
072 L000000 76
072 M000000 15
072 N000000 0
072 O000000 230
072 P000000 0
072 Q000000 0
072 R000000 92
072 S000000 19
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 84
072 X000000 2558
072 Y000000 0
072 Z000000 1801
072AA000000 0
072BB000000 18537
072CC010000 0
072CC020000 49556
072DD010000 1045
072DD020000 0
072EE000000 77461
073 A010000 0.0800
073 A020000 0.0000
073 B000000 6.6700
073 C000000 0.0000
<PAGE> PAGE 10
074 A000000 0
074 B000000 7640
074 C000000 807
074 D000000 0
074 E000000 0
074 F000000 91804
074 G000000 0
074 H000000 0
074 I000000 1299
074 J000000 0
074 K000000 0
074 L000000 320
074 M000000 35
074 N000000 101905
074 O000000 0
074 P000000 128
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1859
074 S000000 0
074 T000000 99918
074 U010000 12193
074 U020000 0
074 V010000 8.19
074 V020000 0.00
074 W000000 0.0000
074 X000000 10354
074 Y000000 0
075 A000000 0
075 B000000 132696
076 000000 6.19
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
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
<PAGE> PAGE 11
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000 25000
081 A000000 Y
081 B000000 58
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 1118
086 A020000 11919
086 B010000 543
086 B020000 3463
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 COMMON STOCK
087 A020000 51828C106
087 A030000 LDF
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE BELINDA A. BRADY
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000884461
<NAME> THE LATIN AMERICAN DISCOVERY FUND, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 135,741
<INVESTMENTS-AT-VALUE> 101,550
<RECEIVABLES> 320
<ASSETS-OTHER> 35
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 101,905
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,987
<TOTAL-LIABILITIES> 1,987
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 161,277
<SHARES-COMMON-STOCK> 12,193
<SHARES-COMMON-PRIOR> 11,618
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (89)
<ACCUMULATED-NET-GAINS> (27,069)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (34,201)
<NET-ASSETS> 99,918
<DIVIDEND-INCOME> 3,892
<INTEREST-INCOME> 467
<OTHER-INCOME> 0
<EXPENSES-NET> (2,558)
<NET-INVESTMENT-INCOME> 1,801
<REALIZED-GAINS-CURRENT> (18,537)
<APPREC-INCREASE-CURRENT> (49,556)
<NET-CHANGE-FROM-OPS> (66,292)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,045)
<DISTRIBUTIONS-OF-GAINS> (77,461)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> (543)
<SHARES-REINVESTED> 1,118
<NET-CHANGE-IN-ASSETS> (99,617)
<ACCUMULATED-NII-PRIOR> (539)
<ACCUMULATED-GAINS-PRIOR> 68,623
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,533
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,558
<AVERAGE-NET-ASSETS> 132,696
<PER-SHARE-NAV-BEGIN> 20.34
<PER-SHARE-NII> 0.15
<PER-SHARE-GAIN-APPREC> (5.62)
<PER-SHARE-DIVIDEND> (0.08)
<PER-SHARE-DISTRIBUTIONS> (6.67)
<RETURNS-OF-CAPITAL> 0.07
<PER-SHARE-NAV-END> 8.19
<EXPENSE-RATIO> 1.93
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
