SCOUT BALANCED FUND INC
N-8A, 1995-07-19
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               SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.   20549

                            FORM N-8A

                  NOTIFICATION OF REGISTRATION
              FILED PURSUANT TO SECTION 8(a) OF THE
                 INVESTMENT COMPANY ACT OF 1940

     The undersigned investment company hereby notifies the
Securities and Exchange Commission that it registers under and
pursuant to the provisions of Section 8(a) of the Investment
Company Act of 1940 and in connection with such notification of
registration submits the following information:
_______________________________________________________________

Name:     Scout Balanced Fund, Inc.

Address of Principal Business Office (No. & Street, City, State
Zip Code):

Three Crown Center, G-15, 2440 Pershing Road, Kansas City, MO
64108

Telephone Number (including area code):      (816) 471-5200

Name and address of agent for service of process:

Larry D. Armel, President, Scout Balanced Fund, Inc.,
Three Crown Center, G-15, 2440 Pershing Road, Kansas City, MO
64108

Check Appropriate Box:

     Registrant is filing a Registration Statement pursuant
to Section 8(b) of the Investment Company Act of 1940
concurrently with the filing of Form N-8A:  YES [X]  NO [ ]
________________________________________________________________

                           SIGNATURES

Pursuant to the requirements of the Investment Company Act of
1940, the registrant has caused this notification of registration
to be duly signed on its behalf in the city of Kansas City, and
state of Missouri on the 3rd day of July, 1995.

          Signature Scout Balanced Fund, Inc.
                             (Name of Registrant)
(SEAL)

ATTEST:   ________________________ By_______________________
             Martin A. Cramer             Larry D. Armel
                  Secretary                 President




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