<PAGE> PAGE 1
000 B000000 06/30/97
000 C000000 0000922457
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 MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
001 B000000 811-7171
001 C000000 6092822800
002 A000000 P.O. BOX 9011
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9011
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 ASSET MANAGEMENT, L.P.
008 B000001 A
008 C000001 801-11583
008 D010001 PRINCETON
008 D020001 NJ
008 D030001 08543
008 D040001 9011
008 A000002 MERRILL LYNCH ASSET MANAGEMENT U.K., LTD.
008 B000002 S
008 C000002 801-31780
008 D010002 LONDON
008 D050002 ENGLAND
008 D060002 EC24 9LY
011 A000001 MERRILL LYNCH FUNDS DISTRIBUTOR, INC.
011 B000001 8-14663
011 C010001 PRINCETON
011 C020001 NJ
011 C030001 08543
<PAGE> PAGE 2
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 DELOITTE & TOUCHE LLP
013 B010001 PRINCETON
013 B020001 NJ
013 B030001 08540
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 CITIBANK, N.A.
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10015
015 E010002 X
015 A000003 NATIONAL AUSTRALIA BANK LIMITED
015 B000003 S
015 C010003 SYDNEY
015 D010003 AUSTRALIA
015 E040003 X
015 A000004 CREDITANSTALT BANKVEREIN
015 B000004 S
015 C010004 VIENNA
015 D010004 AUSTRIA
015 E040004 X
015 A000005 CANADIAN IMPERIAL BANK COMMERCE
015 B000005 S
015 C010005 TORONTO
015 D010005 CANADA
015 E040005 X
015 A000006 ABN-AMRO HOLDING N.V.
015 B000006 S
015 C010006 AMSTERDAM
015 D010006 NETHERLANDS
015 E040006 X
015 A000007 BANCO DE SANTANDER
015 B000007 S
015 C010007 MADRID
015 D010007 SPAIN
015 E040007 X
015 A000008 BANCO ESPIRITO SANTA E COMMERCIAL DE LISBOA
<PAGE> PAGE 3
015 B000008 S
015 C010008 LISBON
015 D010008 PORTUGAL
015 E040008 X
015 A000009 HONG KONG & SHANGHAI BANKING CORP.
015 B000009 S
015 C010009 HONG KONG
015 D010009 HONG KONG
015 E040009 X
015 A000010 SKANDINAVISKA ENSKILDA BANKEN
015 B000010 S
015 C010010 STOCKHOLM
015 D010010 SWEDEN
015 E040010 X
015 A000011 CITIBANK BUDAPEST RT.
015 B000011 S
015 C010011 BUDAPEST
015 D010011 HUNGARY
015 E040011 X
015 A000012 CITIBANK POLAND S.A.
015 B000012 S
015 C010012 WARSAW
015 D010012 POLAND
015 E040012 X
015 A000013 FIRST NATIONAL BANK OF SOUTHERN AFRICA
015 B000013 S
015 C010013 JOHANNESBURG
015 D010013 SOUTH AFRICA
015 E040013 X
015 A000014 SWISS BANK CORPORATION
015 B000014 S
015 C010014 ZURICH
015 D010014 SWITZERLAND
015 E040014 X
015 A000015 SUMITOMO TRUST & BANKING CO., LTD.
015 B000015 S
015 C010015 TOKYO
015 D010015 JAPAN
015 E040015 X
015 A000016 STANDARD CHARTERED BANK
015 B000016 S
015 C010016 LONDON
015 D010016 UNITED KINGDOM
015 E040016 X
015 A000017 BANQUE MAROCAINE DU COMMERCE EXTERIEUR
015 B000017 S
015 C010017 CASABLANCA
015 D010017 MOROCCO
015 E040017 X
015 A000018 STANBIC BANK
015 B000018 S
<PAGE> PAGE 4
015 C010018 HARARE
015 D010018 ZIMBABWE
015 E040018 X
015 A000019 STANBIC BANK
015 B000019 S
015 C010019 LUSAKA
015 D010019 ZAMBIA
015 E040019 X
015 A000020 BARCLAYS BANK OF SWAZILAND LTD.
015 B000020 S
015 C010020 MBABBANE
015 D010020 SWAZILAND
015 E040020 X
015 A000021 BARCLAYS BANK OF KENYA LTD.
015 B000021 S
015 C010021 NAIROBI
015 D010021 KENYA
015 E040021 X
015 A000022 BARCLAYS BANK BOTSWANA LTD.
015 B000022 S
015 C010022 GABORONE
015 D010022 BOTSWANA
015 E040022 X
015 A000023 BARCLAYS BANK OF GHANA LTD.
015 B000023 S
015 C010023 ACCRA
015 D010023 GHANA
015 E040023 X
015 A000024 DEN NORSKE BANK
015 B000024 S
015 C010024 OSLO
015 D010024 NORWAY
015 E040024 X
015 A000025 UNION BANK OF FINLAND
015 B000025 S
015 C010025 HELSINKI
015 D010025 FINLAND
015 E040025 X
015 A000026 ALLIED IRISH BANK PLC
015 B000026 S
015 C010026 DUBLIN
015 D010026 IRELAND
015 E040026 X
015 A000027 BANCA COMMERCIALE ITALIANA
015 B000027 S
015 C010027 MILAN
015 D010027 ITALY
015 E040027 X
015 A000028 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000028 S
015 C010028 PRAGUE
<PAGE> PAGE 5
015 D010028 CZECH REPUBLIC
015 E040028 X
015 A000029 DRESDNER BANK
015 B000029 S
015 C010029 GERMANY
015 D010029 GERMANY
015 E040029 X
015 A000030 CAJA DE VALORES
015 B000030 S
015 C010030 ARGENTINA
015 D010030 ARGENTINA
015 E040030 X
015 A000031 OEKB
015 B000031 S
015 C010031 AUSTRIA
015 D010031 AUSTRIA
015 E040031 X
015 A000032 AUSTRACLEAR LTD.
015 B000032 S
015 C010032 AUSTRALIA
015 D010032 AUSTRALIA
015 E040032 X
015 A000033 CIK
015 B000033 S
015 C010033 BELGIUM
015 D010033 BELGIUM
015 E040033 X
015 A000034 SAO PAULO STOCK EXCHANGE
015 B000034 S
015 C010034 BRAZIL
015 D010034 BRAZIL
015 E040034 X
015 A000035 BANK OF BOSTON
015 B000035 S
015 C010035 SAO PAOLO
015 D010035 BRAZIL
015 E010035 X
015 A000036 CDS
015 B000036 S
015 C010036 CANADA
015 D010036 CANADA
015 E040036 X
015 A000037 ROYAL BANK OF SCOTLAND
015 B000037 S
015 C010037 UNITED KINGDOM
015 D010037 UNITED KINGDOM
015 E040037 X
015 A000038 SSCCRC
015 B000038 S
015 C010038 SHANGHAI
015 D010038 CHINA
<PAGE> PAGE 6
015 E040038 X
015 A000039 SSCC
015 B000039 S
015 C010039 SHENZHEN
015 D010039 CHINA
015 E040039 X
015 A000040 CITITRUST COLOMBIA S.A.
015 B000040 S
015 C010040 COLOMBIA
015 D010040 COLOMBIA
015 E040040 X
015 A000041 SCP
015 B000041 S
015 C010041 CZECH REPUBLIC
015 D010041 CZECH REPUBLIC
015 E040041 X
015 A000042 RITS
015 B000042 S
015 C010042 AUSTRALIA
015 D010042 AUSTRALIA
015 E040042 X
015 A000043 VP CENTER
015 B000043 S
015 C010043 DENMARK
015 D010043 DENMARK
015 E040043 X
015 A000044 MERITA BANK
015 B000044 S
015 C010044 FINLAND
015 D010044 FINLAND
015 E040044 X
015 A000045 SICOVAM
015 B000045 S
015 C010045 FRANCE
015 D010045 FRANCE
015 E040045 X
015 A000046 KV
015 B000046 S
015 C010046 GERMANY
015 D010046 GERMANY
015 E040046 X
015 A000047 APOTHETIRIO TITLON A.E.
015 B000047 S
015 C010047 GREECE
015 D010047 GREECE
015 E040047 X
015 A000048 CCASS
015 B000048 S
015 C010048 HONG KONG
015 D010048 HONG KONG
015 E040048 X
<PAGE> PAGE 7
015 A000049 CEDEL, S.A.
015 B000049 S
015 C010049 LUXEMBOURG
015 D010049 LUXEMBOURG
015 E040049 X
015 A000050 MONTE TITOLI
015 B000050 S
015 C010050 ITALY
015 D010050 ITALY
015 E040050 X
015 A000051 CENTRAL SHARE REGISTER OF FINLAND
015 B000051 S
015 C010051 FINLAND
015 D010051 FINLAND
015 E040051 X
015 A000053 MCD
015 B000053 S
015 C010053 MALAYSIA
015 D010053 MALAYSIA
015 E040053 X
015 A000054 INDEVAL
015 B000054 S
015 C010054 MEXICO
015 D010054 MEXICO
015 E040054 X
015 A000055 NECIGEF
015 B000055 S
015 C010055 NETHERLANDS
015 D010055 NETHERLANDS
015 E040055 X
015 A000056 AUSTRACLEAR NZ
015 B000056 S
015 C010056 NEW ZEALAND
015 D010056 NEW ZEALAND
015 E040056 X
015 A000057 VPS
015 B000057 S
015 C010057 NORWAY
015 D010057 NORWAY
015 E040057 X
015 A000058 CENTRAL DEPOSITORY AND CLEARING HOUSE LTD.
015 B000058 S
015 C010058 BUDAPEST
015 D010058 HUNGARY
015 E040058 X
015 A000060 CENTRAL DE VALORES MOBILAIROS
015 B000060 S
015 C010060 PORTUGAL
015 D010060 PORTUGAL
015 E040060 X
015 A000061 CDP
<PAGE> PAGE 8
015 B000061 S
015 C010061 SINGAPORE
015 D010061 SINGAPORE
015 E040061 X
015 A000062 THE CENTRAL DEPOSITORY
015 B000062 S
015 C010062 SOUTH AFRICA
015 D010062 SOUTH AFRICA
015 E040062 X
015 A000063 SCL
015 B000063 S
015 C010063 SPAIN
015 D010063 SPAIN
015 E040063 X
015 A000064 PVT
015 B000064 S
015 C010064 SRI LANKA
015 D010064 SRI LANKA
015 E040064 X
015 A000065 VPC
015 B000065 S
015 C010065 SWEDEN
015 D010065 SWEDEN
015 E040065 X
015 A000066 SEGA
015 B000066 S
015 C010066 SWITZERLAND
015 D010066 SWITZERLAND
015 E040066 X
015 A000067 TSCD
015 B000067 S
015 C010067 TAIWAN
015 D010067 TAIWAN
015 E040067 X
015 A000068 EUROCLEAR
015 B000068 S
015 C010068 BELGIUM
015 D010068 BELGIUM
015 E040068 X
015 A000069 CGO
015 B000069 S
015 C010069 UNITED KINGDOM
015 D010069 UNITED KINGDOM
015 E040069 X
015 A000070 CMO
015 B000070 S
015 C010070 UNITED KINGDOM
015 D010070 UNITED KINGDOM
015 E040070 X
015 A000071 THE BANK OF NEW YORK
015 B000071 S
<PAGE> PAGE 9
015 C010071 NEW YORK
015 C020071 NY
015 C030071 10015
015 E010071 X
015 A000072 BANKERS TRUST COMPANY
015 B000072 S
015 C010072 NEW YORK
015 C020072 NY
015 C030072 10006
015 E010072 X
015 A000073 CHEMICAL BANK
015 B000073 S
015 C010073 NEW YORK
015 C020073 NY
015 C030073 10017
015 E010073 X
015 A000074 CUSTODIAL TRUST CO.
015 B000074 S
015 C010074 NEW YORK
015 C020074 NY
015 C030074 10167
015 E010074 X
015 A000075 MORGAN GUARANTY TRUST CO.
015 B000075 S
015 C010075 NEW YORK
015 C020075 NY
015 C030075 10260
015 E010075 X
015 A000076 CITIBANK, MEXICO S.A.
015 B000076 S
015 C010076 MEXICO
015 D010076 MEXICO
015 E040076 X
015 A000077 SCP
015 B000077 S
015 C010077 SLOVAKIA
015 D010077 SLOVAKIA
015 E040077 X
015 A000078 BANQUE BRUXELLES LAMBERT
015 B000078 S
015 C010078 BELGIUM
015 D010078 BELGIUM
015 E040078 X
015 A000079 BANQUE PARIBAS
015 B000079 S
015 C010079 FRANCE
015 D010079 FRANCE
015 E040079 X
015 A000080 TAKASBANK
015 B000080 S
015 C010080 TURKEY
<PAGE> PAGE 10
015 D010080 TURKEY
015 E040080 X
015 A000081 TASE
015 B000081 S
015 C010081 ISRAEL
015 D010081 ISRAEL
015 E040081 X
015 A000082 CITIBANK, ATHENS
015 B000082 S
015 C010082 ATHENS
015 D010082 GREECE
015 E040082 X
015 A000083 HONG KONG BANK MALAYSIA BERHAD
015 B000083 S
015 C010083 KUALA LUMPUR
015 D010083 MALAYSIA
015 E040083 X
015 A000084 SDC
015 B000084 S
015 C010084 THAILAND
015 D010084 THAILAND
015 E040084 X
015 A000085 ARAB BANK, PLC
015 B000085 S
015 C010085 JORDAN
015 D010085 JORDAN
015 E040085 X
015 A000087 DEN DANSKE BANK
015 B000087 S
015 C010087 DENMARK
015 D010087 DENMARK
015 E040087 X
015 A000088 BANK HAPOALIM, B.M.
015 B000088 S
015 C010088 ISRAEL
015 D010088 ISRAEL
015 E040088 X
015 A000089 CHASE MANHATTAN BANK, N.A.
015 B000089 S
015 C010089 BROOKLYN
015 C020089 NY
015 C030089 11245
015 E010089 X
015 A000090 THE BANK OF ENGLAND
015 B000090 S
015 C010090 UNITED KINGDOM
015 D010090 UNITED KINGDOM
015 E040090 X
015 A000091 NATIONAL AUSTRALIA BANK LIMITED
015 B000091 S
015 C010091 AUCKLAND
<PAGE> PAGE 11
015 D010091 NEW ZEALAND
015 E040091 X
015 A000092 CREDIT SUISSE (MOSCOW) LTD.
015 B000092 S
015 C010092 RUSSIA
015 D010092 RUSSIA
015 E040092 X
015 A000093 THE FIRST NATIONAL BANK OF BOSTON
015 B000093 S
015 C010093 MONTEVIDEO
015 D010093 URUGUAY
015 E040093 X
015 A000094 CRYL
015 B000094 S
015 C010094 ARGENTINA
015 D010094 ARGENTINA
015 E040094 X
015 A000095 BANQUE NATIONALE DE BELGIQUE
015 B000095 S
015 C010095 BELGIUM
015 D010095 BELGIUM
015 E040095 X
015 A000096 CLC
015 B000096 S
015 C010096 BRAZIL
015 D010096 BRAZIL
015 E040096 X
015 A000097 BANK OF CANADA
015 B000097 S
015 C010097 CANADA
015 D010097 CANADA
015 E040097 X
015 A000098 CZECH NATIONAL BANK
015 B000098 S
015 C010098 CZECH REPUBLIC
015 D010098 CZECH REPUBLIC
015 E040098 X
015 A000099 BANQUE DE FRANCE
015 B000099 S
015 C010099 FRANCE
015 D010099 FRANCE
015 E040099 X
018 000000 Y
019 A000000 Y
019 B000000 195
019 C000000 MERRILLLYN
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001 57
020 A000002 BERG (ALFRED), INC.
020 C000002 38
<PAGE> PAGE 12
020 A000003 ROBERT FLEMING INC.
020 B000003 13-3298866
020 C000003 31
020 A000004 ING BARING (U.S.) SECURITIES, INC.
020 C000004 29
020 A000005 UBS SECURITIES LLC
020 B000005 13-3873456
020 C000005 20
020 A000006 CAZENOVE INCORPORATED
020 B000006 94-1658752
020 C000006 20
020 A000007 DEUTSCHE MORGAN GRENFELL/C.J. LAWRENCE INC.
020 B000007 13-2730828
020 C000007 18
020 A000008 CREDIT SUISSE FIRST BOSTON CORPORATION
020 B000008 13-5659485
020 C000008 16
020 A000009 SCHRODER WERTHEIM & CO. INCORPORATED
020 B000009 13-2697272
020 C000009 15
020 A000010 SALOMON BROTHERS INC
020 B000010 13-3082694
020 C000010 12
021 000000 476
022 A000001 GENERAL ELECTRIC CAPITAL CORP.
022 C000001 621982
022 D000001 0
022 A000002 GENERAL MOTORS ACCEPTANCE CORP.
022 C000002 173528
022 D000002 0
022 A000003 ASSOCIATED CORP. OF NORTH AMERICA
022 C000003 73113
022 D000003 0
022 A000004 FORD MOTOR CREDIT CORP.
022 C000004 47195
022 D000004 0
022 A000005 HSBC SSECURITIES, INC.
022 B000005 13-2650272
022 C000005 23428
022 D000005 2792
022 A000006 CREDIT SUISSE FIRST BOSTON CORPORATION
022 B000006 13-5659485
022 C000006 10250
022 D000006 99
022 A000007 LEHMAN BROTHERS INC.
022 B000007 13-2518466
022 C000007 4955
022 D000007 3610
022 A000008 MORGAN (J.P.) SECURITIES INC.
022 B000008 13-3224016
022 C000008 5874
<PAGE> PAGE 13
022 D000008 1048
022 A000009 LEHMAN BROTHERS COMMERCIAL PAPER
022 C000009 6898
022 D000009 0
022 A000010 GOLDMAN, SACHS & CO.
022 B000010 13-5108880
022 C000010 3979
022 D000010 971
023 C000000 995783
023 D000000 30454
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 3289
028 A020000 0
028 A030000 0
028 A040000 7100
028 B010000 3004
028 B020000 0
028 B030000 0
028 B040000 5990
028 C010000 1504
028 C020000 0
028 C030000 0
028 C040000 5336
028 D010000 6643
028 D020000 0
028 D030000 0
028 D040000 4986
028 E010000 1428
028 E020000 0
028 E030000 0
028 E040000 4957
028 F010000 1373
028 F020000 0
028 F030000 0
028 F040000 4392
028 G010000 17241
028 G020000 0
028 G030000 0
028 G040000 32761
028 H000000 1447
029 000000 Y
<PAGE> PAGE 14
030 A000000 32
030 B000000 5.25
030 C000000 0.00
031 A000000 2
031 B000000 0
032 000000 0
033 000000 30
034 000000 Y
035 000000 16
036 A000000 N
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 1292
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.850
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
<PAGE> PAGE 15
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 Y
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
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
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 Y
<PAGE> PAGE 16
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 N
070 B010000 Y
070 B020000 Y
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 Y
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
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 Y
070 R020000 N
071 A000000 87920
071 B000000 100594
071 C000000 139178
071 D000000 63
072 A000000 12
072 B000000 509
072 C000000 1850
072 D000000 0
<PAGE> PAGE 17
072 E000000 0
072 F000000 1260
072 G000000 124
072 H000000 0
072 I000000 331
072 J000000 222
072 K000000 0
072 L000000 139
072 M000000 37
072 N000000 76
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 35
072 S000000 42
072 T000000 1292
072 U000000 37
072 V000000 0
072 W000000 37
072 X000000 3632
072 Y000000 0
072 Z000000 -1273
072AA000000 22510
072BB000000 17256
072CC010000 4475
072CC020000 0
072DD010000 654
072DD020000 2439
072EE000000 8473
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 1459
074 B000000 0
074 C000000 0
074 D000000 391
074 E000000 5221
074 F000000 138663
074 G000000 0
074 H000000 0
074 I000000 39
074 J000000 5399
074 K000000 0
074 L000000 461
074 M000000 424
074 N000000 152057
074 O000000 3859
074 P000000 206
074 Q000000 0
074 R010000 0
<PAGE> PAGE 18
074 R020000 0
074 R030000 0
074 R040000 5820
074 S000000 0
074 T000000 142172
074 U010000 2339
074 U020000 11125
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 17401
074 Y000000 0
075 A000000 0
075 B000000 147429
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 O000000 Y
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000 600
081 A000000 Y
081 B000000 113
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE GERALD M. RICHARD
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922457
<NAME> MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> CLASS A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 140732995
<INVESTMENTS-AT-VALUE> 144314462
<RECEIVABLES> 5860327
<ASSETS-OTHER> 1882193
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 152056982
<PAYABLE-FOR-SECURITIES> 3859094
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6025679
<TOTAL-LIABILITIES> 9884773
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 137543513
<SHARES-COMMON-STOCK> 515134
<SHARES-COMMON-PRIOR> 283838
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 896735
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3731961
<NET-ASSETS> 5508051
<DIVIDEND-INCOME> 1849337
<INTEREST-INCOME> 509261
<OTHER-INCOME> 0
<EXPENSES-NET> (3631905)
<NET-INVESTMENT-INCOME> (1273307)
<REALIZED-GAINS-CURRENT> 5253606
<APPREC-INCREASE-CURRENT> 4475472
<NET-CHANGE-FROM-OPS> 8455771
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (94638)
<DISTRIBUTIONS-OF-GAINS> (179170)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 640103
<NUMBER-OF-SHARES-REDEEMED> (434307)
<SHARES-REINVESTED> 25500
<NET-CHANGE-IN-ASSETS> (20912868)
<ACCUMULATED-NII-PRIOR> 2179735
<ACCUMULATED-GAINS-PRIOR> 6302880
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1260012
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3631905
<AVERAGE-NET-ASSETS> 3694207
<PER-SHARE-NAV-BEGIN> 10.86
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .72
<PER-SHARE-DIVIDEND> (.31)
<PER-SHARE-DISTRIBUTIONS> (.59)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.69
<EXPENSE-RATIO> 1.53
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922457
<NAME> MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
<SERIES>
<NUMBER> 002
<NAME> CLASS B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 140732995
<INVESTMENTS-AT-VALUE> 144314462
<RECEIVABLES> 5860327
<ASSETS-OTHER> 1882193
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 152056982
<PAYABLE-FOR-SECURITIES> 3859094
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6025679
<TOTAL-LIABILITIES> 9884773
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 137543513
<SHARES-COMMON-STOCK> 10558477
<SHARES-COMMON-PRIOR> 12290380
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 896735
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3731961
<NET-ASSETS> 111260842
<DIVIDEND-INCOME> 1849337
<INTEREST-INCOME> 509261
<OTHER-INCOME> 0
<EXPENSES-NET> (3631905)
<NET-INVESTMENT-INCOME> (1273307)
<REALIZED-GAINS-CURRENT> 5253606
<APPREC-INCREASE-CURRENT> 4475472
<NET-CHANGE-FROM-OPS> 8455771
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2323171)
<DISTRIBUTIONS-OF-GAINS> (6808450)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2372220
<NUMBER-OF-SHARES-REDEEMED> (4660055)
<SHARES-REINVESTED> 555932
<NET-CHANGE-IN-ASSETS> (20912868)
<ACCUMULATED-NII-PRIOR> 2179735
<ACCUMULATED-GAINS-PRIOR> 6302880
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1260012
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3631905
<AVERAGE-NET-ASSETS> 117775278
<PER-SHARE-NAV-BEGIN> 10.71
<PER-SHARE-NII> (.10)
<PER-SHARE-GAIN-APPREC> .72
<PER-SHARE-DIVIDEND> (.20)
<PER-SHARE-DISTRIBUTIONS> (.59)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.54
<EXPENSE-RATIO> 2.58
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922457
<NAME> MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> CLASS C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 140732995
<INVESTMENTS-AT-VALUE> 144314462
<RECEIVABLES> 5860327
<ASSETS-OTHER> 1882193
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 152056982
<PAYABLE-FOR-SECURITIES> 3859094
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6025679
<TOTAL-LIABILITIES> 9884773
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 137543513
<SHARES-COMMON-STOCK> 566674
<SHARES-COMMON-PRIOR> 537194
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 896735
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3731961
<NET-ASSETS> 5962238
<DIVIDEND-INCOME> 1849337
<INTEREST-INCOME> 509261
<OTHER-INCOME> 0
<EXPENSES-NET> (3631905)
<NET-INVESTMENT-INCOME> (1273307)
<REALIZED-GAINS-CURRENT> 5253606
<APPREC-INCREASE-CURRENT> 4475472
<NET-CHANGE-FROM-OPS> 8455771
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (116361)
<DISTRIBUTIONS-OF-GAINS> (324707)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 251158
<NUMBER-OF-SHARES-REDEEMED> (263160)
<SHARES-REINVESTED> 41482
<NET-CHANGE-IN-ASSETS> (20912868)
<ACCUMULATED-NII-PRIOR> 2179735
<ACCUMULATED-GAINS-PRIOR> 6302880
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1260012
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3631905
<AVERAGE-NET-ASSETS> 5665956
<PER-SHARE-NAV-BEGIN> 10.71
<PER-SHARE-NII> (.10)
<PER-SHARE-GAIN-APPREC> .71
<PER-SHARE-DIVIDEND> (.21)
<PER-SHARE-DISTRIBUTIONS> (.59)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.52
<EXPENSE-RATIO> 2.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922457
<NAME> MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
<SERIES>
<NUMBER> 004
<NAME> CLASS D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 140732995
<INVESTMENTS-AT-VALUE> 144314462
<RECEIVABLES> 5860327
<ASSETS-OTHER> 1882193
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 152056982
<PAYABLE-FOR-SECURITIES> 3859094
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6025679
<TOTAL-LIABILITIES> 9884773
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 137543513
<SHARES-COMMON-STOCK> 1824208
<SHARES-COMMON-PRIOR> 2086565
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 896735
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3731961
<NET-ASSETS> 19441078
<DIVIDEND-INCOME> 1849337
<INTEREST-INCOME> 509261
<OTHER-INCOME> 0
<EXPENSES-NET> (3631905)
<NET-INVESTMENT-INCOME> (1273307)
<REALIZED-GAINS-CURRENT> 5253606
<APPREC-INCREASE-CURRENT> 4475472
<NET-CHANGE-FROM-OPS> 8455771
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (559124)
<DISTRIBUTIONS-OF-GAINS> (1160558)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 630661
<NUMBER-OF-SHARES-REDEEMED> (992678)
<SHARES-REINVESTED> 99660
<NET-CHANGE-IN-ASSETS> (20912868)
<ACCUMULATED-NII-PRIOR> 2179735
<ACCUMULATED-GAINS-PRIOR> 6302880
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1260012
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3631905
<AVERAGE-NET-ASSETS> 20293402
<PER-SHARE-NAV-BEGIN> 10.83
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> .72
<PER-SHARE-DIVIDEND> (.28)
<PER-SHARE-DISTRIBUTIONS> (.59)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.66
<EXPENSE-RATIO> 1.80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
