PRICE T ROWE PERSONAL STRATEGY FUNDS INC
NSAR-A, 1997-01-27
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<PAGE>      PAGE  1
000 A000000 11/30/96
000 C000000 0000923084
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 T. ROWE PRICE PERSONAL STRATEGY FUNDS, INC.
001 B000000 811-07173
001 C000000 4105472000
002 A000000 100 EAST PRATT STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 T. ROWE PRICE PERSONAL STRATEGY BALANCED FUND
007 C030100 N
007 C010200  2
007 C020200 T. ROWE PRICE PERSONAL STRATEGY GROWTH FUND
007 C030200 N
007 C010300  3
007 C020300 T. ROWE PRICE PERSONAL STRATEGY INCOME FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   76
019 C00AA00 TROWEPRICE
020 A000001 INVESTMENT TECHNOLOGY
020 B000001 95-4339369
020 C000001     65
020 A000002 ROBERT FLEMING
020 C000002     28
020 A000003 INSTINETTANLEY
020 B000003 13-3443395
020 C000003     11
020 A000004 MORGAN STANLEY
<PAGE>      PAGE  2
020 B000004 13-2655998
020 C000004      7
020 A000005 KLEINWORT BENSON
020 B000005 13-2647786
020 C000005      5
020 A000006 BEAR STEARNS
020 B000006 13-3299429
020 C000006      4
020 A000007 SANFORD BERNSTEINJENRETTE
020 B000007 13-2625874
020 C000007      3
020 A000008 WARBURY MM
020 B000008 13-3340045
020 C000008      3
020 A000009 ALEX BROWN
020 B000009 52-1319768
020 C000009      3
020 A000010 STANDARD & POORS
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022 A000001 GOLDMAN SACHS
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022 A000003 DEUTSCHE MORGAN GREENFELL
022 B000003 13-2730828
022 C000003     60163
022 D000003       704
022 A000004 MORGAN (J.P.)
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022 A000005 GMAC
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<PAGE>      PAGE  3
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025 A000101 CHASE MANHATTAN
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025 A000103 DEUTSCHE MORGAN GREENFELL
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025 C000103 D
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025 A000104 DEUTSCHE MORGAN GREENFELL
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<PAGE>      PAGE  4
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070 A010100 Y
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<PAGE>      PAGE  5
070 K010100 Y
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<PAGE>      PAGE  6
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025 A000201 CHASE MANHATTAN
025 B000201 13-3379014
025 C000201 E
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025 A000202 MORGAN (J.P.)
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<PAGE>      PAGE  7
025 D000204       0
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<PAGE>      PAGE  8
062 R000200   0.0
070 A010200 Y
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070 D010200 Y
070 D020200 N
070 E010200 Y
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<PAGE>      PAGE  9
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073 A010200   0.0000
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<PAGE>      PAGE  10
074 U020200        0
074 V010200    15.27
074 V020200     0.00
074 W000200   0.0000
074 X000200     2998
074 Y000200        0
075 A000200        0
075 B000200    38101
076  000200     0.00
025 A000301 CHASE MANHATTAN
025 B000301 13-3379014
025 C000301 E
025 D000301      94
025 A000302 MORGAN (J.P.)
025 B000302 13-3224016
025 C000302 E
025 D000302      40
025 A000303 DEUTSCHE MORGAN GREENFELL
025 B000303 13-2730828
025 C000303 E
025 D000303      24
025 A000304 DELETE
025 D000304       0
025 A000305 DELETE
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028 A010300      1369
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<PAGE>      PAGE  11
028 F040300       837
028 G010300      9763
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062 A000300 N
062 B000300   0.0
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070 A010300 Y
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<PAGE>      PAGE  12
070 N020300 Y
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071 A000300     11278
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<PAGE>      PAGE  13
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SIGNATURE   JIM RIEPE                                    
TITLE       VICE PRESIDENT      
 


[ARTICLE] 6
[CIK] 0000923084
[NAME] T. ROWE PRICE PERSONAL STRATEGY FUNDS, INC.
[SERIES]
   [NUMBER] 3
   [NAME] T. ROWE PRICE PERSONAL STRATEGY INCOME FUND
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          MAY-31-1997
[PERIOD-END]                               NOV-30-1996
[INVESTMENTS-AT-COST]                            30185
[INVESTMENTS-AT-VALUE]                           33337
[RECEIVABLES]                                      368
[ASSETS-OTHER]                                     329
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                   34034
[PAYABLE-FOR-SECURITIES]                            43
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                          381
[TOTAL-LIABILITIES]                                424
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                         28614
[SHARES-COMMON-STOCK]                             2744
[SHARES-COMMON-PRIOR]                             2155
[ACCUMULATED-NII-CURRENT]                          260
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                           1590
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                          3146
[NET-ASSETS]                                     33610
[DIVIDEND-INCOME]                                  114
[INTEREST-INCOME]                                  654
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                     139
[NET-INVESTMENT-INCOME]                            629
[REALIZED-GAINS-CURRENT]                          1599
[APPREC-INCREASE-CURRENT]                          676
[NET-CHANGE-FROM-OPS]                             2904
[EQUALIZATION]                                      23
[DISTRIBUTIONS-OF-INCOME]                          595
[DISTRIBUTIONS-OF-GAINS]                          1007
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                            844
[NUMBER-OF-SHARES-REDEEMED]                        389
[SHARES-REINVESTED]                                134
[NET-CHANGE-IN-ASSETS]                            8065
[ACCUMULATED-NII-PRIOR]                            203
[ACCUMULATED-GAINS-PRIOR]                          998
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                                0
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                    139
[AVERAGE-NET-ASSETS]                             33180
[PER-SHARE-NAV-BEGIN]                            11.85
[PER-SHARE-NII]                                    .25
[PER-SHARE-GAIN-APPREC]                            .86
[PER-SHARE-DIVIDEND]                               .25
[PER-SHARE-DISTRIBUTIONS]                          .46
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              12.25
[EXPENSE-RATIO]                                    .95
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>

[ARTICLE] 6
[CIK] 0000923084
[NAME] T. ROWE PRICE PERSONAL STRATEGY FUNDS, INC.
[SERIES]
   [NUMBER] 1
   [NAME] T. ROWE PRICE PERSONAL STRATEGY BALANCED FUND
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          MAY-31-1997
[PERIOD-END]                               NOV-30-1996
[INVESTMENTS-AT-COST]                           154203
[INVESTMENTS-AT-VALUE]                          166757
[RECEIVABLES]                                     1646
[ASSETS-OTHER]                                     255
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                  168658
[PAYABLE-FOR-SECURITIES]                           407
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                          316
[TOTAL-LIABILITIES]                                723
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                        151191
[SHARES-COMMON-STOCK]                            12275
[SHARES-COMMON-PRIOR]                            12272
[ACCUMULATED-NII-CURRENT]                          859
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                           3357
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                         12528
[NET-ASSETS]                                    167935
[DIVIDEND-INCOME]                                  796
[INTEREST-INCOME]                                 2158
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                     751
[NET-INVESTMENT-INCOME]                           2203
[REALIZED-GAINS-CURRENT]                          3410
[APPREC-INCREASE-CURRENT]                         9510
[NET-CHANGE-FROM-OPS]                            15123
[EQUALIZATION]                                      42
[DISTRIBUTIONS-OF-INCOME]                         2043
[DISTRIBUTIONS-OF-GAINS]                           943
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                           5086
[NUMBER-OF-SHARES-REDEEMED]                       2260
[SHARES-REINVESTED]                                235
[NET-CHANGE-IN-ASSETS]                           51109
[ACCUMULATED-NII-PRIOR]                            657
[ACCUMULATED-GAINS-PRIOR]                          890
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                              325
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                    751
[AVERAGE-NET-ASSETS]                            142752
[PER-SHARE-NAV-BEGIN]                            12.68
[PER-SHARE-NII]                                    .28
[PER-SHARE-GAIN-APPREC]                           1.02
[PER-SHARE-DIVIDEND]                                .2
[PER-SHARE-DISTRIBUTIONS]                           .1
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              13.68
[EXPENSE-RATIO]                                   1.05
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>

[ARTICLE] 6
[CIK] 0000923084
[NAME] T. ROWE PRICE PERSONAL STRATEGY FUNDS, INC.
[SERIES]
   [NUMBER] 2
   [NAME] T. ROWE PRICE PERSONAL STRATEGY GROWTH FUND
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          MAY-31-1997
[PERIOD-END]                               NOV-30-1996
[INVESTMENTS-AT-COST]                            35854
[INVESTMENTS-AT-VALUE]                           40515
[RECEIVABLES]                                      303
[ASSETS-OTHER]                                      63
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                   40881
[PAYABLE-FOR-SECURITIES]                           325
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                          276
[TOTAL-LIABILITIES]                                601
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                         32522
[SHARES-COMMON-STOCK]                             2637
[SHARES-COMMON-PRIOR]                             1823
[ACCUMULATED-NII-CURRENT]                          573
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                           2525
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                          4660
[NET-ASSETS]                                     40280
[DIVIDEND-INCOME]                                  230
[INTEREST-INCOME]                                  249
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                     169
[NET-INVESTMENT-INCOME]                            310
[REALIZED-GAINS-CURRENT]                          1862
[APPREC-INCREASE-CURRENT]                         1653
[NET-CHANGE-FROM-OPS]                             3825
[EQUALIZATION]                                     131
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                           1091
[NUMBER-OF-SHARES-REDEEMED]                        277
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                           15326
[ACCUMULATED-NII-PRIOR]                            132
[ACCUMULATED-GAINS-PRIOR]                          663
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                                1
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                    169
[AVERAGE-NET-ASSETS]                             30596
[PER-SHARE-NAV-BEGIN]                            13.69
[PER-SHARE-NII]                                    .15
[PER-SHARE-GAIN-APPREC]                           1.43
[PER-SHARE-DIVIDEND]                              1.58
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              15.27
[EXPENSE-RATIO]                                    1.1
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>


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