<PAGE> PAGE 1
000 B000000 11/30/96
000 C000000 0000885983
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 ALLIANCE LIMITED MATURITY GOVERNMENT FD., INC
001 B000000 811-06627
001 C000000 2013194123
002 A000000 500 PLAZA DRIVE
002 B000000 SECAUCUS
002 C000000 NJ
002 D010000 07094
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 ALLIANCE CAPITAL MANAGEMENT L.P.
008 B000001 A
008 C000001 801-32361
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10105
010 A000001 ALLIANCE CAPITAL MANAGEMENT L.P.
010 B000001 801-32361
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10105
011 A000001 ALLIANCE FUND DISTRIBUTORS, INC
011 B000001 8-30851
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10105
012 A000001 ALLIANCE FUND SERVICES, INC.
012 B000001 84-0001187
012 C010001 SECAUCUS
<PAGE> PAGE 2
012 C020001 NJ
012 C030001 07094
013 A000001 ERNST & YOUNG LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
014 A000001 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
014 B000001 8-00017574
014 A000002 PERSHING
014 B000002 8-00017574
014 A000003 AUTRONET
014 B000003 8-00017574
015 A000001 STATE STREET BANK AND TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 50
019 C000000 ALLIANCECA
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 STATE STREET BANK AND TRUST CO.
022 B000001 04-1867445
022 C000001 672886
022 D000001 0
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002 545424
022 D000002 12770
022 A000003 PRUDENTIAL SECURITIES INC.
022 B000003 22-2347336
022 C000003 476608
022 D000003 0
022 A000004 MORGAN STANLEY AND CO., INC.
022 B000004 13-2655998
022 C000004 328602
022 D000004 13915
022 A000005 BEAR, STEARNS SECURITIES
022 B000005 13-3299429
<PAGE> PAGE 3
022 C000005 186685
022 D000005 15799
022 A000006 BANKERS TRUST COMPANY
022 B000006 13-4941247
022 C000006 108564
022 D000006 67766
022 A000007 LEHMAN BROTHERS INC.
022 B000007 13-2518466
022 C000007 35830
022 D000007 34486
022 A000008 PAINE WEBBER INC.
022 B000008 13-2638166
022 C000008 57339
022 D000008 7814
022 A000009 CS FIRST BOSTON CORP.
022 B000009 13-5659485
022 C000009 30714
022 D000009 19894
022 A000010 SALOMON BROTHERS
022 B000010 13-3082694
022 C000010 18578
022 D000010 21606
023 C000000 2488438
023 D000000 256375
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 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 3326
028 A020000 284
028 A030000 0
028 A040000 10551
028 B010000 3388
028 B020000 275
028 B030000 0
028 B040000 7727
<PAGE> PAGE 4
028 C010000 1810
028 C020000 261
028 C030000 0
028 C040000 7533
028 D010000 1654
028 D020000 243
028 D030000 0
028 D040000 6283
028 E010000 8053
028 E020000 235
028 E030000 0
028 E040000 12368
028 F010000 14020
028 F020000 228
028 F030000 0
028 F040000 16921
028 G010000 32251
028 G020000 1526
028 G030000 0
028 G040000 61383
028 H000000 18847
029 000000 Y
030 A000000 34
030 B000000 4.25
030 C000000 4.25
031 A000000 2
031 B000000 0
032 000000 32
033 000000 0
034 000000 Y
035 000000 87
036 A000000 Y
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 100
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 1253
044 000000 156
045 000000 Y
046 000000 N
047 000000 Y
<PAGE> PAGE 5
048 000000 0.650
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 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 N
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
058 B000000 N
058 C000000 N
058 D000000 N
<PAGE> PAGE 6
058 E000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 250
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 1.0
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 32.2
062 N000000 37.4
062 O000000 0.0
062 P000000 0.0
062 Q000000 39.3
062 R000000 0.0
063 A000000 0
063 B000000 2.9
064 A000000 Y
064 B000000 N
066 A000000 N
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 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
<PAGE> PAGE 7
070 J020000 Y
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 236487
071 B000000 298899
071 C000000 148961
071 D000000 159
072 A000000 12
072 B000000 10715
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 908
072 G000000 152
072 H000000 0
072 I000000 199
072 J000000 127
072 K000000 0
072 L000000 115
072 M000000 24
072 N000000 56
072 O000000 0
072 P000000 885
072 Q000000 0
072 R000000 78
072 S000000 83
072 T000000 1253
072 U000000 56
072 V000000 0
072 W000000 12
072 X000000 3948
072 Y000000 0
072 Z000000 6767
072AA000000 0
072BB000000 1649
072CC010000 220
072CC020000 0
<PAGE> PAGE 8
072DD010000 1099
072DD020000 5569
072EE000000 0
073 A010000 0.5100
073 A020000 0.4400
073 B000000 0.0000
073 C000000 0.0800
074 A000000 1
074 B000000 1085
074 C000000 0
074 D000000 119856
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 1548
074 M000000 41
074 N000000 122531
074 O000000 0
074 P000000 153
074 Q000000 0
074 R010000 5102
074 R020000 0
074 R030000 0
074 R040000 7185
074 S000000 0
074 T000000 110091
074 U010000 1719
074 U020000 9933
074 V010000 9.45
074 V020000 9.45
074 W000000 0.0000
074 X000000 5097
074 Y000000 0
075 A000000 0
075 B000000 140242
076 000000 0.00
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
<PAGE> PAGE 9
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 B000000 GULF INSURANCE COMPANY
080 C000000 74000
081 A000000 Y
081 B000000 94
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 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE CATHY WHITE
TITLE ASST. VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000885983
<NAME> ALLIANCE LIMITED MATURITY GOVERNMENT FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> ALLIANCE LIMITED MATURITY GOVERNMENT FUND, INC.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 120,604,823
<INVESTMENTS-AT-VALUE> 120,941,409
<RECEIVABLES> 1,547,256
<ASSETS-OTHER> 41,920
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 122,530,585
<PAYABLE-FOR-SECURITIES> 6,288,888
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6,150,749
<TOTAL-LIABILITIES> 12,439,637
<SENIOR-EQUITY> 11,652
<PAID-IN-CAPITAL-COMMON> 131,554,804
<SHARES-COMMON-STOCK> 1,719,168
<SHARES-COMMON-PRIOR> 2,930,390
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (155,035)
<ACCUMULATED-NET-GAINS> (21,657,059)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 336,586
<NET-ASSETS> 110,090,948
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,714,846
<OTHER-INCOME> 0
<EXPENSES-NET> (3,948,309)
<NET-INVESTMENT-INCOME> 6,766,537
<REALIZED-GAINS-CURRENT> (1,648,824)
<APPREC-INCREASE-CURRENT> 220,055
<NET-CHANGE-FROM-OPS> 5,337,768
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,099,192)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (80,449)
<NUMBER-OF-SHARES-SOLD> 2,449,619
<NUMBER-OF-SHARES-REDEEMED> (3,727,280)
<SHARES-REINVESTED> 66,439
<NET-CHANGE-IN-ASSETS> (70,616,892)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (20,008,235)
<OVERDISTRIB-NII-PRIOR> (253,828)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 908,000
<INTEREST-EXPENSE> 885,000
<GROSS-EXPENSE> 3,064,000
<AVERAGE-NET-ASSETS> 20,676,112
<PER-SHARE-NAV-BEGIN> 9.52
<PER-SHARE-NII> 0.51
<PER-SHARE-GAIN-APPREC> (0.04)
<PER-SHARE-DIVIDEND> (0.51)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> (0.03)
<PER-SHARE-NAV-END> 9.45
<EXPENSE-RATIO> 2.22
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000885983
<NAME> ALLIANCE LIMITED MATURITY GOVERNMENT FUND, INC.
<SERIES>
<NUMBER> 002
<NAME> ALLIANCE LIMITED MATURITY GOVERNMENT FUND, INC.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 120,604,823
<INVESTMENTS-AT-VALUE> 120,941,409
<RECEIVABLES> 1,547,256
<ASSETS-OTHER> 41,920
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 122,530,585
<PAYABLE-FOR-SECURITIES> 6,288,888
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6,150,749
<TOTAL-LIABILITIES> 12,439,637
<SENIOR-EQUITY> 11,652
<PAID-IN-CAPITAL-COMMON> 131,544,804
<SHARES-COMMON-STOCK> 5,332,917
<SHARES-COMMON-PRIOR> 8,864,743
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (155,035)
<ACCUMULATED-NET-GAINS> (21,657,059)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 336,586
<NET-ASSETS> 110,090,948
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,714,846
<OTHER-INCOME> 0
<EXPENSES-NET> (3,948,309)
<NET-INVESTMENT-INCOME> 6,766,537
<REALIZED-GAINS-CURRENT> (1,648,824)
<APPREC-INCREASE-CURRENT> 220,055
<NET-CHANGE-FROM-OPS> 5,337,768
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,020,671)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (221,079)
<NUMBER-OF-SHARES-SOLD> 1,169,061
<NUMBER-OF-SHARES-REDEEMED> (4,872,186)
<SHARES-REINVESTED> 171,299
<NET-CHANGE-IN-ASSETS> (70,616,892)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (20,008,235)
<OVERDISTRIB-NII-PRIOR> (253,828)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 908,000
<INTEREST-EXPENSE> 885,000
<GROSS-EXPENSE> 3,064,000
<AVERAGE-NET-ASSETS> 64,698,818
<PER-SHARE-NAV-BEGIN> 9.52
<PER-SHARE-NII> 0.44
<PER-SHARE-GAIN-APPREC> (0.04)
<PER-SHARE-DIVIDEND> (0.44)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> (0.03)
<PER-SHARE-NAV-END> 9.45
<EXPENSE-RATIO> 2.94
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000885983
<NAME> ALLIANCE LIMITED MATURITY GOVERNMENT FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> ALLIANCE LIMITED MATURITY GOVERNMENT FUND, INC.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> DEC-01-1995
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 120,604,823
<INVESTMENTS-AT-VALUE> 120,941,409
<RECEIVABLES> 1,547,256
<ASSETS-OTHER> 41,920
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 122,530,585
<PAYABLE-FOR-SECURITIES> 6,288,888
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6,150,749
<TOTAL-LIABILITIES> 12,439,637
<SENIOR-EQUITY> 11,652
<PAID-IN-CAPITAL-COMMON> 131,544,804
<SHARES-COMMON-STOCK> 4,599,773
<SHARES-COMMON-PRIOR> 7,193,623
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (155,035)
<ACCUMULATED-NET-GAINS> (21,657,059)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 336,586
<NET-ASSETS> 110,090,948
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,714,846
<OTHER-INCOME> 0
<EXPENSES-NET> (3,948,309)
<NET-INVESTMENT-INCOME> 6,766,537
<REALIZED-GAINS-CURRENT> (1,648,824)
<APPREC-INCREASE-CURRENT> 220,055
<NET-CHANGE-FROM-OPS> 5,337,768
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,547,881)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (186,476)
<NUMBER-OF-SHARES-SOLD> 1,443,550
<NUMBER-OF-SHARES-REDEEMED> (4,169,294)
<SHARES-REINVESTED> 131,894
<NET-CHANGE-IN-ASSETS> (70,616,892)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (20,008,235)
<OVERDISTRIB-NII-PRIOR> (253,828)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 908,000
<INTEREST-EXPENSE> 885,000
<GROSS-EXPENSE> 3,064,000
<AVERAGE-NET-ASSETS> 54,382,812
<PER-SHARE-NAV-BEGIN> 9.52
<PER-SHARE-NII> 0.45
<PER-SHARE-GAIN-APPREC> (0.05)
<PER-SHARE-DIVIDEND> (0.45)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> (0.02)
<PER-SHARE-NAV-END> 9.45
<EXPENSE-RATIO> 2.92
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
[DESCRIPTION]Auditors Report of Internal Control
January 9, 1997
Board of Directors
Alliance Limited Maturity Government Fund, Inc.
In planning and performing our audit of the financial statements of
Alliance Limited Maturity Government Fund, Inc. for the year ended
November 30, 1996, 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 to comply with the requirements of Form N-SAR, not
to provide assurance on the internal control structure.
The management of Alliance Limited Maturity Government Fund, Inc.
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 operation 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 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 November 30, 1996.
This report is intended solely for the information and use of management and
the Securities and Exchange Commission.
ERNST & YOUNG LLP
