<PAGE> PAGE 1
000 B000000 07/31/98
000 C000000 0000925950
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 AMERICAN HIGH-INCOME MUNICIPAL BOND FUND, INC
001 B000000 811-8576
001 C000000 2134869200
002 A000000 333 SOUTH HOPE STREET
002 B000000 LOS ANGELES
002 C000000 CA
002 D010000 90071
002 D020000 1443
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 CAPITAL RESEARCH AND MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-8055
008 D010001 LOS ANGELES
008 D020001 CA
008 D030001 90071
008 D040001 1443
011 A000001 AMERICAN FUNDS DISTRIBUTORS, INC.
011 B000001 8-17168
011 C010001 LOS ANGELES
011 C020001 CA
011 C030001 90071
011 C040001 1443
012 A000001 AMERICAN FUNDS SERVICE COMPANY
012 B000001 84-00316
012 C010001 BREA
012 C020001 CA
012 C030001 92821
<PAGE> PAGE 2
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 LOS ANGELES
013 B020001 CA
013 B030001 90071
013 B040001 2889
015 A000001 THE CHASE MANHATTAN BANK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10081
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 40
019 C000000 CRMCFNDGRP
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 SALOMON BROTHERS SMITH BARNEY, INC.
022 B000001 13-2919773
022 C000001 38712
022 D000001 27590
022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000002 13-5674085
022 C000002 37069
022 D000002 28106
022 A000003 MORGAN STANLEY & CO. INC.
022 B000003 13-2655998
022 C000003 27339
022 D000003 31103
022 A000004 BANCAMERICA SECURITIES, INC.
022 B000004 95-4035346
022 C000004 24223
022 D000004 26834
022 A000005 GOLDMAN, SACHS & CO.
022 B000005 13-5108880
022 C000005 17525
022 D000005 12440
022 A000006 LEHMAN BROTHERS INC.
022 B000006 13-2518466
022 C000006 14104
022 D000006 13405
022 A000007 BEAR, STEARNS & CO. INC.
<PAGE> PAGE 3
022 B000007 13-3299429
022 C000007 12940
022 D000007 13363
022 A000008 MORGAN (J.P.) SECURITIES INC.
022 B000008 13-3224016
022 C000008 3574
022 D000008 11072
022 A000009 FIRST ALBANY CORP.
022 B000009 14-1391448
022 C000009 9063
022 D000009 2808
022 A000010 LEHMAN COMMERCIAL PAPER INC.
022 B000010 13-2501865
022 C000010 4029
022 D000010 7126
023 C000000 232772
023 D000000 206482
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 Y
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 18856
028 A020000 1073
028 A030000 0
028 A040000 5028
028 B010000 15048
028 B020000 1096
028 B030000 0
028 B040000 5795
028 C010000 19142
028 C020000 1126
028 C030000 0
028 C040000 9147
028 D010000 16806
028 D020000 1155
028 D030000 0
<PAGE> PAGE 4
028 D040000 5183
028 E010000 17988
028 E020000 1199
028 E030000 0
028 E040000 4969
028 F010000 21265
028 F020000 1245
028 F030000 0
028 F040000 5379
028 G010000 109105
028 G020000 6894
028 G030000 0
028 G040000 35501
028 H000000 45658
029 000000 Y
030 A000000 2494
030 B000000 4.75
030 C000000 0.00
031 A000000 487
031 B000000 0
032 000000 2007
033 000000 0
034 000000 Y
035 000000 7
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 0
042 D000000 100
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 1144
044 000000 178
045 000000 Y
046 000000 N
047 000000 N
048 000000 0.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
<PAGE> PAGE 5
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 Y
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
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 Y
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
<PAGE> PAGE 6
062 E000000 4.9
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 93.8
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 8.7
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 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
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 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
<PAGE> PAGE 7
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 194513
071 B000000 59854
071 C000000 365306
071 D000000 16
072 A000000 12
072 B000000 22915
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 1544
072 G000000 0
072 H000000 0
072 I000000 121
072 J000000 3
072 K000000 20
072 L000000 29
072 M000000 17
072 N000000 152
072 O000000 8
072 P000000 0
072 Q000000 0
072 R000000 29
072 S000000 5
072 T000000 1144
072 U000000 2
072 V000000 0
072 W000000 0
072 X000000 3074
072 Y000000 0
072 Z000000 19841
072AA000000 2244
072BB000000 0
072CC010000 3403
072CC020000 0
072DD010000 19820
072DD020000 0
072EE000000 881
073 A010000 0.8350
073 A020000 0.0000
073 B000000 0.0400
073 C000000 0.0000
074 A000000 40
074 B000000 0
<PAGE> PAGE 8
074 C000000 22545
074 D000000 435071
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 9640
074 M000000 3
074 N000000 467299
074 O000000 1572
074 P000000 152
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1523
074 S000000 0
074 T000000 464052
074 U010000 28790
074 U020000 0
074 V010000 16.12
074 V020000 0.00
074 W000000 0.0000
074 X000000 8835
074 Y000000 20859
075 A000000 0
075 B000000 383747
076 000000 0.00
077 A000000 Y
077 B000000 Y
078 000000 N
080 A000000 NATIONAL UNION FIRE INSURANCE COMPANY
080 B000000 CHUBB CUSTOM INSURANCE COMPANY
080 C000000 65000
081 A000000 Y
081 B000000 59
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
<PAGE> PAGE 9
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 JULIE F. WILLIAMS
TITLE SECRETARY
August 28, 1998
To the Shareholders and
Board of Directors of
American High-Income Municipal Bond Fund, Inc.
In planning and performing our audit of the financial
statements of American High-Income Municipal Bond Fund, Inc.
(the "Fund") for the year ended July 31, 1998, we considered
its internal control, including control activities 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 internal control.
The management of the Fund is responsible for establishing
and maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs of
controls. Generally, controls that are relevant to an audit
pertain to the entity's objective of preparing financial
statements for external purposes that are fairly presented in
conformity with generally accepted accounting principles.
Those controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors
or fraud may occur and not be detected. Also, projection of
any evaluation of internal control 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 internal control would not necessarily
disclose all matters in internal control 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 one or more of the internal control components
does not reduce to a relatively low level the risk that
misstatements caused by errors or fraud 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
internal control and its operation, including controls for
safeguarding securities, that we consider to be material
weaknesses as defined above as of July 31, 1998.
This report is intended solely for the information and use of
management and the Board of Directors of the Fund and the
Securities and Exchange Commission.
Pricewaterhouse Coopers LLP
Los Angeles, California
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1998
<PERIOD-START> AUG-01-1997
<PERIOD-END> JUL-31-1998
<INVESTMENTS-AT-COST> 432,988
<INVESTMENTS-AT-VALUE> 457,616
<RECEIVABLES> 9,640
<ASSETS-OTHER> 43
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 467,299
<PAYABLE-FOR-SECURITIES> 1,572
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,675
<TOTAL-LIABILITIES> 3,247
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 408,452
<SHARES-COMMON-STOCK> 2,879,149
<SHARES-COMMON-PRIOR> 19,869,024
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,103
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 24,628
<NET-ASSETS> 464,052
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 22,915
<OTHER-INCOME> 0
<EXPENSES-NET> 3,074
<NET-INVESTMENT-INCOME> 19,841
<REALIZED-GAINS-CURRENT> 2,244
<APPREC-INCREASE-CURRENT> 3,403
<NET-CHANGE-FROM-OPS> 25,488
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 19,820
<DISTRIBUTIONS-OF-GAINS> 881
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,159,660
<NUMBER-OF-SHARES-REDEEMED> 4,072064
<SHARES-REINVESTED> 833,529
<NET-CHANGE-IN-ASSETS> 148,058
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 740
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,544
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,074
<AVERAGE-NET-ASSETS> 383,747
<PER-SHARE-NAV-BEGIN> 15.90
<PER-SHARE-NII> 0.84
<PER-SHARE-GAIN-APPREC> 0.26
<PER-SHARE-DIVIDEND> (0.84)
<PER-SHARE-DISTRIBUTIONS> (0.04)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.12
<EXPENSE-RATIO> .008
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
