PRICE T ROWE PERSONAL STRATEGY FUNDS INC
NSAR-A, 1999-02-01
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<PAGE>      PAGE  1
000 A000000 11/30/98
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 4103452000
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
013 A00AA01 PRICEWATERHOUSECOOPERS
013 B01AA01 BALTIMORE
013 B02AA01 MD
013 B03AA01 21202
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   87
019 C00AA00 TROWEPRICE
020 A000001 INVESTMENT TECHNOLOGY
020 B000001 95-4339369
020 C000001     43
020 A000002 INSTINET
020 B000002 13-3443395
<PAGE>      PAGE  2
020 C000002     28
020 A000003 BEAR STEARNS
020 B000003 13-3299429
020 C000003     10
020 A000004 MORGAN STANLEY
020 B000004 13-2655998
020 C000004      9
020 A000005 DRESDNER KLEINWORT BENSEN
020 B000005 13-3894311
020 C000005      4
020 A000006 BERSTEIN SANFORD
020 B000006 13-2625874
020 C000006      4
020 A000007 MERRILL LYNCH
020 B000007 13-5674085
020 C000007      4
020 A000008 BT/ALEX BROWN SECURITIES
020 B000008 13-3311934
020 C000008      3
020 A000009 ING BARINGS
020 B000009 04-2455153
020 C000009      3
020 A000010 PAINE WEBBER
020 B000010 13-2638166
020 C000010      3
021  000000      139
022 A000001 SALOMON SMITH BARNEY
022 B000001 11-2418191
022 C000001     38183
022 D000001     15348
022 A000002 JP MORGAN
022 B000002 13-3224016
022 C000002     15708
022 D000002     17360
022 A000003 PAINE WEBBER
022 B000003 13-2638166
022 C000003     30723
022 D000003      1659
022 A000004 MERRILL LYNCH
022 B000004 13-5674085
022 C000004     17358
022 D000004      7983
022 A000005 LEHMAN BROTHERS
022 B000005 13-2518466
022 C000005     15971
022 D000005      7906
022 A000006 MORGAN STANLEY
022 B000006 13-2655998
022 C000006     18992
022 D000006      3548
022 A000007 BEAR STEARNS
<PAGE>      PAGE  3
022 B000007 13-3299429
022 C000007       954
022 D000007     12145
022 A000008 C.S. FIRST BOSTON
022 B000008 13-5659485
022 C000008      7535
022 D000008      2324
022 A000009 DONALDSON, LUFKIN, JENRETTE
022 B000009 13-2741729
022 C000009      3921
022 D000009      3195
022 A000010 CHASE SECURITIES
022 B000010 13-3112953
022 C000010      5245
022 D000010      1352
023 C000000     162041
023 D000000      90299
029  00AA00 N
030 A00AA00      0
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030 C00AA00  0.00
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
048 I020100 0.000
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055 A000100 N
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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076  000100     0.00
024  000200 Y
025 A000201 PAINE WEBBER
025 B000201 13-2638166
025 C000201 D
025 D000201    1552
025 A000202 DELETE
025 D000202       0
<PAGE>      PAGE  8
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028 G030200         0
028 G040200     23279
028 H000200         0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.300
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<PAGE>      PAGE  9
048 G010200        0
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055 A000200 N
055 B000200 N
056  000200 Y
057  000200 N
058 A000200 N
058 B000200 N
058 C000200 N
058 D000200 N
058 E000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
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062 A000200 N
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062 C000200   0.0
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070 A010200 Y
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070 C020200 N
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070 D020200 N
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070 E020200 N
<PAGE>      PAGE  10
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
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070 N020200 Y
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070 R020200 N
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<PAGE>      PAGE  11
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024  000300 Y
025 A000301 MERRILL LYNCH
<PAGE>      PAGE  12
025 B000301 13-5674085
025 C000301 D
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025 A000302 PAINE WEBBER
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045  000300 Y
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<PAGE>      PAGE  13
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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SIGNATURE   JIM RIEPE                                    
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000923084
<NAME> PERSONAL STRATEGY INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1999
<PERIOD-END>                               NOV-30-1998
<INVESTMENTS-AT-COST>                           197456
<INVESTMENTS-AT-VALUE>                          204702
<RECEIVABLES>                                    20054
<ASSETS-OTHER>                                      37
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  224792
<PAYABLE-FOR-SECURITIES>                           158
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        18368
<TOTAL-LIABILITIES>                              18527
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        195542
<SHARES-COMMON-STOCK>                            15610
<SHARES-COMMON-PRIOR>                             6541
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<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                    206266
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<OTHER-INCOME>                                       0
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<APPREC-INCREASE-CURRENT>                       (1083)
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
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<NUMBER-OF-SHARES-REDEEMED>                     (1752)
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<PER-SHARE-NII>                                   0.25
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<PER-SHARE-DIVIDEND>                            (0.25)
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<PER-SHARE-NAV-END>                              13.21
<EXPENSE-RATIO>                                   0.90
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000923084
<NAME> PERSONAL STRATEGY GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1999
<PERIOD-END>                               NOV-30-1998
<INVESTMENTS-AT-COST>                           145454
<INVESTMENTS-AT-VALUE>                          166077
<RECEIVABLES>                                    18404
<ASSETS-OTHER>                                      40
<OTHER-ITEMS-ASSETS>                                 0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000923084
<NAME> PERSONAL STRATEGY BALANCED FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1999
<PERIOD-END>                               NOV-30-1998
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<SHARES-COMMON-STOCK>                            24945
<SHARES-COMMON-PRIOR>                            20673
<ACCUMULATED-NII-CURRENT>                         1909
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<REALIZED-GAINS-CURRENT>                          3322
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<ACCUMULATED-NII-PRIOR>                           1788
<ACCUMULATED-GAINS-PRIOR>                         9939
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</TABLE>


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