<PAGE> PAGE 1
000 A000000 04/30/96
000 C000000 0000889301
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 ML CONSULTS INTERNATIONAL PORTFOLIO
001 B000000 811-6725
001 C000000 6092827165
002 A000000 P.O. BOX 9066
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9066
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 MERRILL LYNCH (SUISSE) INVEST. MANAGEMENT SA
008 B000001 A
008 C000001 801-42073
008 D010001 GENEVA
008 D050001 SWITZERLAND
008 A000002 FUND ASSET MANAGEMENT, L.P.
008 B000002 S
008 C000002 801-12485
008 D010002 PRINCETON
008 D020002 NJ
008 D030002 08543
008 D040002 9011
008 A000003 MERRILL LYNCH ASSET MANAGEMENT U.K. LTD.
008 B000003 S
008 C000003 801-31780
008 D010003 LONDON
008 D050003 ENGLAND
010 A000001 PRINCETON ADMINISTRATORS, L.P.
<PAGE> PAGE 2
010 C010001 PRINCETON
010 C020001 NJ
010 C030001 08543
010 C040001 9011
011 A000001 MERRILL LYNCH FUNDS DISTRIBUTOR, INC.
011 B000001 8-14663
011 C010001 PRINCETON
011 C020001 NJ
011 C030001 08543
011 C040001 9011
012 A000001 MERRILL LYNCH FINANCIAL DATA SERVICES, INC.
012 B000001 84-01339
012 C010001 JACKSONVILLE
012 C020001 FL
012 C030001 32246
012 C040001 6484
013 A000001 ERNST & YOUNG LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
014 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
014 B000001 8-7221
015 A000001 BROWN BROTHERS HARRIMAN & CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E010001 X
015 A000002 NATIONAL AUSTRALIA BANK LIMITED
015 B000002 S
015 C010002 SYDNEY
015 D010002 AUSTRALIA
015 E040002 X
015 A000003 CANADIAN IMPERIAL BANK OF COMMERCE
015 B000003 S
015 C010003 TORONTO
015 D010003 CANADA
015 E040003 X
015 A000004 DEN DANSKE BANK
015 B000004 S
015 C010004 COPENHAGEN
015 D010004 DENMARK
015 E040004 X
015 A000005 MORGAN GUARANTY TRUST COMPANY OF NEW YORK
015 B000005 S
015 C010005 NEW YORK
015 C020005 NY
015 C030005 10015
015 E010005 X
015 A000006 HONG KONG & SHANGHAI BANKING CORP.
015 B000006 S
<PAGE> PAGE 3
015 C010006 HONG KONG
015 D010006 HONG KONG
015 E040006 X
015 A000007 BANCA COMMERCIALE ITALIANA
015 B000007 S
015 C010007 MILAN
015 D010007 ITALY
015 E040007 X
015 A000008 CITIBANK, N.A.
015 B000008 S
015 C010008 NEW YORK
015 C020008 NY
015 C030008 10015
015 E010008 X
015 A000009 ABN-AMRO HOLDING N.V.
015 B000009 S
015 C010009 AMSTERDAM
015 D010009 NETHERLANDS
015 E040009 X
015 A000010 DEN NORSKE BANK
015 B000010 S
015 C010010 OSLO
015 D010010 NORWAY
015 E040010 X
015 A000011 SUMITOMO TRUST & BANKING CO., LTD.
015 B000011 S
015 C010011 TOKYO
015 D010011 JAPAN
015 E040011 X
015 A000012 BANCO EXPIRITO SANTO E COMMERCIAL DE LISBOA
015 B000012 S
015 C010012 LISBON
015 D010012 PORTUGAL
015 E040012 X
015 A000013 BANCO SANTANDER
015 B000013 S
015 C010013 MADRID
015 D010013 SPAIN
015 E040013 X
015 A000014 SKANDINAVISKA ENSKILDA BANKEN
015 B000014 S
015 C010014 STOCKHOLM
015 D010014 SWEDEN
015 E040014 X
015 A000015 HONG KONG BANK MALAYSIA BERHAD
015 B000015 S
015 C010015 KUALA LUMPUR
015 D010015 MALAYSIA
015 E040015 X
015 A000016 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000016 S
<PAGE> PAGE 4
015 C010016 PRAGUE
015 D010016 CZECH REPUBLIC
015 E040016 X
015 A000017 SWISS BANK CORPORATION
015 B000017 S
015 C010017 ZURICH
015 D010017 SWITZERLAND
015 E040017 X
015 A000018 CITIBANK, S.A.
015 B000018 S
015 C010018 MEXICO CITY
015 D010018 MEXICO
015 E040018 X
015 A000019 AUSTRACLEAR LIMITED
015 B000019 S
015 C010019 AUSTRALIA
015 D010019 AUSTRALIA
015 E040019 X
015 A000020 RITS
015 B000020 S
015 C010020 AUSTRALIA
015 D010020 AUSTRALIA
015 E040020 X
015 A000021 CDS
015 B000021 S
015 C010021 CANADA
015 D010021 CANADA
015 E040021 X
015 A000022 CEDEL, S.A.
015 B000022 S
015 C010022 LUXEMBOURG
015 D010022 LUXEMBOURG
015 E040022 X
015 A000023 SCP
015 B000023 S
015 C010023 CZECH REPUBLIC
015 D010023 CZECH REPUBLIC
015 E040023 X
015 A000024 VP CENTER
015 B000024 S
015 C010024 DENMARK
015 D010024 DENMARK
015 E040024 X
015 A000025 EUROCLEAR
015 B000025 S
015 C010025 BELGIUM
015 D010025 BELGIUM
015 E040025 X
015 A000026 SICOVAM
015 B000026 S
015 C010026 FRANCE
<PAGE> PAGE 5
015 D010026 FRANCE
015 E040026 X
015 A000027 KV
015 B000027 S
015 C010027 GERMANY
015 D010027 GERMANY
015 E040027 X
015 A000028 CCASS
015 B000028 S
015 C010028 HONG KONG
015 D010028 HONG KONG
015 E040028 X
015 A000029 MONTE TITOLI
015 B000029 S
015 C010029 ITALY
015 D010029 ITALY
015 E040029 X
015 A000030 MCD
015 B000030 S
015 C010030 MALAYSIA
015 D010030 MALAYSIA
015 E040030 X
015 A000031 INDEVAL
015 B000031 S
015 C010031 MEXICO
015 D010031 MEXICO
015 E040031 X
015 A000032 NECIGEF/KAS ASSOCIATIE NV
015 B000032 S
015 C010032 NETHERLANDS
015 D010032 NETHERLANDS
015 E040032 X
015 A000033 VPS
015 B000033 S
015 C010033 NORWAY
015 D010033 NORWAY
015 E040033 X
015 A000034 CENTRAL DE VALORES MOBILAIROS
015 B000034 S
015 C010034 PORTUGAL
015 D010034 PORTUGAL
015 E040034 X
015 A000035 CDP
015 B000035 S
015 C010035 SINGAPORE
015 D010035 SINGAPORE
015 E040035 X
015 A000036 KSDC
015 B000036 S
015 C010036 SOUTH KOREA
015 D010036 SOUTH KOREA
<PAGE> PAGE 6
015 E040036 X
015 A000037 SCL
015 B000037 S
015 C010037 SPAIN
015 D010037 SPAIN
015 E040037 X
015 A000038 VPC
015 B000038 S
015 C010038 SWEDEN
015 D010038 SWEDEN
015 E040038 X
015 A000039 SEGA
015 B000039 S
015 C010039 SWITZERLAND
015 D010039 SWITZERLAND
015 E040039 X
015 A000040 SDC
015 B000040 S
015 C010040 THAILAND
015 D010040 THAILAND
015 E040040 X
015 A000041 THE BANK OF ENGLAND
015 B000041 S
015 C010041 UNITED KINGDOM
015 D010041 UNITED KINGDOM
015 E040041 X
015 A000042 CGO
015 B000042 S
015 C010042 UNITED KINGDOM
015 D010042 UNITED KINGDOM
015 E040042 X
015 A000043 CMO
015 B000043 S
015 C010043 UNITED KINGDOM
015 D010043 UNITED KINGDOM
015 E040043 X
015 A000044 THE BANK OF NEW YORK
015 B000044 S
015 C010044 NEW YORK
015 C020044 NY
015 C030044 10015
015 E010044 X
015 A000045 BANKERS TRUST COMPANY
015 B000045 S
015 C010045 NEW YORK
015 C020045 NY
015 C030045 10006
015 E010045 X
015 A000046 CHEMICAL BANK
015 B000046 S
015 C010046 NEW YORK
<PAGE> PAGE 7
015 C020046 NY
015 C030046 10017
015 E010046 X
015 A000047 CUSTODIAL TRUST CO.
015 B000047 S
015 C010047 NEW YORK
015 C020047 NY
015 C030047 10167
015 E010047 X
015 A000048 BANQUE PARIBAS
015 B000048 S
015 C010048 FRANCE
015 D010048 FRANCE
015 E040048 X
015 A000049 DRESDNER BANK
015 B000049 S
015 C010049 GERMANY
015 D010049 GERMANY
015 E040049 X
015 A000050 ROYAL BANK OF SCOTLAND
015 B000050 S
015 C010050 UNITED KINGDOM
015 D010050 UNITED KINGDOM
015 E040050 X
018 000000 Y
019 A000000 Y
019 B000000 180
019 C000000 MERRILLLYN
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001 58
020 A000002 ROBERT FLEMING INC.
020 B000002 13-3298866
020 C000002 41
020 A000003 S.G. WARBURG & CO. INC.
020 B000003 13-3340045
020 C000003 30
020 A000004 LEHMAN BROTHERS INC.
020 B000004 13-2518466
020 C000004 20
020 A000005 ING BARING (U.S.) SECURITIES, INC.
020 C000005 16
020 A000006 HSBC JAMES CAPEL
020 C000006 14
020 A000007 BARCLAYS DE ZOETE WEDD SECURITIES INC.
020 B000007 13-3551367
020 C000007 12
020 A000008 HG ASIA INC.
020 C000008 11
020 A000009 BRIDGE TRADING COMPANY
020 B000009 43-1450530
<PAGE> PAGE 8
020 C000009 6
020 A000010 GOLDMAN, SACHS & CO.
020 B000010 13-5108880
020 C000010 6
021 000000 232
022 A000001 ASSOCIATES CORP. OF NORTH AMERICA
022 C000001 481622
022 D000001 0
022 A000002 FORD MOTOR CREDIT CORP.
022 C000002 132853
022 D000002 0
022 A000003 HSBC SECURITIES, INC.
022 B000003 13-2650272
022 C000003 17752
022 D000003 1929
022 A000004 GENERAL ELECTRIC CAPITAL CORP.
022 C000004 15635
022 D000004 0
022 A000005 GOLDMAN, SACHS & CO.
022 B000005 13-5108880
022 C000005 13452
022 D000005 0
022 A000006 ML LATIN AMERICA FUND
022 C000006 419
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 661733
023 D000000 1929
024 000000 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 2813
028 A020000 0
028 A030000 0
028 A040000 6257
028 B010000 3148
<PAGE> PAGE 9
028 B020000 12926
028 B030000 0
028 B040000 5433
028 C010000 7157
028 C020000 0
028 C030000 0
028 C040000 7172
028 D010000 7689
028 D020000 0
028 D030000 0
028 D040000 4104
028 E010000 4126
028 E020000 0
028 E030000 0
028 E040000 5508
028 F010000 4499
028 F020000 0
028 F030000 0
028 F040000 5097
028 G010000 29432
028 G020000 12926
028 G030000 0
028 G040000 33571
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
034 000000 N
035 000000 0
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 1020
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.750
048 A010000 0
<PAGE> PAGE 10
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 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 5000
062 A000000 N
062 B000000 0.0
<PAGE> PAGE 11
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
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 Y
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 Y
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
<PAGE> PAGE 12
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 37999
071 B000000 31434
071 C000000 192583
071 D000000 16
072 A000000 6
072 B000000 220
072 C000000 1423
072 D000000 0
072 E000000 0
072 F000000 765
072 G000000 255
072 H000000 0
072 I000000 30
072 J000000 188
072 K000000 0
072 L000000 21
072 M000000 12
072 N000000 22
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 21
072 S000000 16
072 T000000 1020
072 U000000 13
072 V000000 0
072 W000000 49
072 X000000 2412
072 Y000000 0
072 Z000000 -769
072AA000000 22817
072BB000000 708
072CC010000 5930
072CC020000 0
072DD010000 6862
072DD020000 0
072EE000000 7288
073 A010000 0.4366
073 A020000 0.0000
<PAGE> PAGE 13
073 B000000 0.4637
073 C000000 0.0000
074 A000000 9
074 B000000 0
074 C000000 6350
074 D000000 0
074 E000000 0
074 F000000 212473
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 1221
074 K000000 0
074 L000000 1230
074 M000000 70
074 N000000 221353
074 O000000 764
074 P000000 419
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1186
074 S000000 0
074 T000000 218984
074 U010000 16804
074 U020000 0
074 V010000 13.03
074 V020000 0.00
074 W000000 0.0000
074 X000000 4109
074 Y000000 0
075 A000000 0
075 B000000 205161
076 000000 0.00
077 A000000 N
078 000000 N
SIGNATURE GERALD M. RICHARD
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000889301
<NAME> MERRILL LYNCH CONSULTS INTERNATIONAL PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 198652487
<INVESTMENTS-AT-VALUE> 218823203
<RECEIVABLES> 2451398
<ASSETS-OTHER> 78549
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 221353150
<PAYABLE-FOR-SECURITIES> 764496
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1604879
<TOTAL-LIABILITIES> 2369375
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 192827128
<SHARES-COMMON-STOCK> 16803685
<SHARES-COMMON-PRIOR> 16050472
<ACCUMULATED-NII-CURRENT> (8528896)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14905699
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19779844
<NET-ASSETS> 218983775
<DIVIDEND-INCOME> 1422517
<INTEREST-INCOME> 220239
<OTHER-INCOME> 0
<EXPENSES-NET> (2411658)
<NET-INVESTMENT-INCOME> (768902)
<REALIZED-GAINS-CURRENT> 22108611
<APPREC-INCREASE-CURRENT> 5929976
<NET-CHANGE-FROM-OPS> 27269685
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6862242)
<DISTRIBUTIONS-OF-GAINS> (7287890)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2367392
<NUMBER-OF-SHARES-REDEEMED> (2704044)
<SHARES-REINVESTED> 1089865
<NET-CHANGE-IN-ASSETS> 21906640
<ACCUMULATED-NII-PRIOR> (897752)
<ACCUMULATED-GAINS-PRIOR> 84978
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 765151
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2411658
<AVERAGE-NET-ASSETS> 205161349
<PER-SHARE-NAV-BEGIN> 12.28
<PER-SHARE-NII> (.05)
<PER-SHARE-GAIN-APPREC> 1.70
<PER-SHARE-DIVIDEND> (.44)
<PER-SHARE-DISTRIBUTIONS> (.46)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.03
<EXPENSE-RATIO> 2.36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
