SOURCE CAPITAL /DE/ — Audit Report / Information 1996

Sep 3, 1996

PAGE 1 000 A000000 06/30/96 000 C000000 0000091847 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 SOURCE CAPITAL, INC 001 B000000 811-1731 001 C000000 3109965429 002 A000000 11400 WEST OLYMPIC BOULEVARD, SUITE 1200 002 B000000 LOS ANGELES 002 C000000 CA 002 D010000 90064 002 D020000 1507 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 FIRST PACIFIC ADVISORS, INC 008 B000001 A 008 C000001 801-39512 008 D010001 LOS ANGELES 008 D020001 CA 008 D030001 90064 008 D040001 1507 012 A000001 CHASE MELLON SHAREHOLDER SERVICES L.L.C. 012 B000001 85-0005005 012 C010001 RIDGEFIELD PARK 012 C020001 NJ 012 C030001 07660 013 A000001 ERNST & YOUNG LLP 013 B010001 LOS ANGELES 013 B020001 CA 013 B030001 90071 015 A000001 STATE STREET BANK AND TRUST COMPANY 015 B000001 C PAGE 2 015 C010001 BOSTON 015 C020001 MA 015 C030001 02105 015 E010001 X 018 000000 Y 019 A000000 N 019 B000000 0 020 A000001 FRANK RUSSELL SECURITIES, INCORPORATED 020 B000001 91-0604934 020 C000001 21 020 A000002 DONALDSON LUFKIN & JENRETTE SECURITIES CORP. 020 B000002 13-2741729 020 C000002 13 020 A000003 JEFFRIES AND COMPANY INC. 020 B000003 95-2622900 020 C000003 12 020 A000004 ROBERT BRANDT & COMPANY 020 B000004 95-2650507 020 C000004 8 020 A000005 MESIROW FINANCIAL, INC. 020 B000005 36-3194849 020 C000005 8 020 A000006 SANFORD C. BERSTEIN & COMPANY, INC. 020 B000006 13-2625874 020 C000006 8 020 A000007 MONTGOMERY SECURITIES 020 B000007 94-1701676 020 C000007 7 020 A000008 LIPPER ANALYTICAL SECURITIES CORPORATION 020 B000008 13-2792478 020 C000008 7 020 A000009 INSTINET CORP. 020 B000009 13-3443395 020 C000009 6 020 A000010 WILLIAM BLAIR & COMPANY 020 B000010 36-2214610 020 C000010 6 021 000000 194 022 A000001 STATE STREET BANK & TRUST COMPANY, N.A. 022 B000001 04-1867445 022 C000001 239692 022 D000001 0 022 A000002 GOLDMAN SACHS & CO., INC. 022 B000002 13-5108880 022 C000002 116806 022 D000002 10264 022 A000003 MERRILL LYNCH, PIERCE, FENNER AND SMITH, INC. 022 B000003 13-5674085 022 C000003 85659 022 D000003 6374 022 A000004 JEFFERIES & COMPANY INC. PAGE 3 022 B000004 95-2622900 022 C000004 5883 022 D000004 5930 022 A000005 RAGEN MACKENZIE INC. 022 B000005 91-1374280 022 C000005 0 022 D000005 7887 022 A000006 ROBERTSON, STEPHANS & COMPANY L.P. 022 B000006 94-2524501 022 C000006 4073 022 D000006 2996 022 A000007 LAZARD FRERES & CO. L.L.C. 022 B000007 13-5545100 022 C000007 3208 022 D000007 0 022 A000008 ROBINSON HUMPHREY COMPANY, INC. 022 B000008 58-1472560 022 C000008 1974 022 D000008 0 022 A000009 CLEARY, GULL, REILAND, & MC DEVITT INC. 022 B000009 39-1567700 022 C000009 1876 022 D000009 0 022 A000010 NATWEST SECURITIES CORP. 022 B000010 13-3312778 022 C000010 1527 022 D000010 0 023 C000000 465528 023 D000000 38042 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 N 026 B000000 Y 026 C000000 Y 026 D000000 Y 026 E000000 Y 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 N 028 A010000 0 028 A020000 0 028 A030000 0 PAGE 4 028 A040000 0 028 B010000 0 028 B020000 0 028 B030000 0 028 B040000 0 028 C010000 0 028 C020000 0 028 C030000 0 028 C040000 0 028 D010000 0 028 D020000 0 028 D030000 0 028 D040000 0 028 E010000 0 028 E020000 0 028 E030000 0 028 E040000 0 028 F010000 0 028 F020000 0 028 F030000 0 028 F040000 0 028 G010000 0 028 G020000 0 028 G030000 0 028 G040000 0 028 H000000 0 030 A000000 0 030 B000000 0.00 030 C000000 0.00 031 A000000 0 031 B000000 0 032 000000 0 033 000000 0 035 000000 0 036 B000000 0 038 000000 0 042 A000000 0 042 B000000 0 042 C000000 0 042 D000000 0 042 E000000 0 042 F000000 0 042 G000000 0 042 H000000 0 043 000000 0 044 000000 0 045 000000 Y 046 000000 N 047 000000 Y 048 000000 0.000 048 A010000 100000 PAGE 5 048 A020000 0.725 048 B010000 100000 048 B020000 0.700 048 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 200000 048 K020000 0.675 049 000000 N 050 000000 N 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 Y 054 H000000 Y 054 I000000 N 054 J000000 Y 054 K000000 N 054 L000000 N 054 M000000 Y 054 N000000 N 054 O000000 N 055 A000000 N 055 B000000 N 056 000000 Y 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 Y 060 B000000 Y PAGE 6 061 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 0.0 063 A000000 0 063 B000000 0.0 066 A000000 Y 066 B000000 N 066 C000000 N 066 D000000 N 066 E000000 N 066 F000000 N 066 G000000 Y 067 000000 N 068 A000000 N 068 B000000 N 069 000000 N 070 A010000 Y 070 A020000 Y 070 B010000 Y 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 PAGE 7 070 J020000 Y 070 K010000 Y 070 K020000 N 070 L010000 Y 070 L020000 N 070 M010000 Y 070 M020000 N 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 83193 071 B000000 117314 071 C000000 333930 071 D000000 25 072 A000000 6 072 B000000 3866 072 C000000 2422 072 D000000 0 072 E000000 0 072 F000000 1298 072 G000000 0 072 H000000 0 072 I000000 110 072 J000000 25 072 K000000 0 072 L000000 129 072 M000000 42 072 N000000 20 072 O000000 42 072 P000000 0 072 Q000000 0 072 R000000 34 072 S000000 15 072 T000000 0 072 U000000 0 072 V000000 0 072 W000000 19 072 X000000 1734 072 Y000000 0 072 Z000000 4554 072AA000000 30401 072BB000000 1140 072CC010000 0 072CC020000 3993 PAGE 8 072DD010000 4508 072DD020000 0 072EE000000 0 073 A010000 0.6200 073 A020000 0.0000 073 B000000 0.0000 073 C000000 1.2300 074 A000000 0 074 B000000 1825 074 C000000 41409 074 D000000 73417 074 E000000 386 074 F000000 255107 074 G000000 0 074 H000000 0 074 I000000 0 074 J000000 3688 074 K000000 0 074 L000000 1933 074 M000000 0 074 N000000 377765 074 O000000 1109 074 P000000 218 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 272 074 S000000 54153 074 T000000 322013 074 U010000 7232 074 U020000 0 074 V010000 44.53 074 V020000 0.00 074 W000000 0.0000 074 X000000 23579 074 Y000000 0 075 A000000 0 075 B000000 373215 076 000000 41.00 077 A000000 N 078 000000 N 080 A000000 NATIONAL UNION FIRE INSURANCE COMPANY 080 C000000 4000 081 A000000 Y 081 B000000 6 082 A000000 N 082 B000000 0 083 A000000 N 083 B000000 0 084 A000000 N PAGE 9 084 B000000 0 085 A000000 Y 085 B000000 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 087 A010000 COMMON STOCK 087 A020000 836144-10 087 A030000 SOR 087 B010000 $2.40 CUMULATIVE PREFERRED STOCK 087 B020000 836144-20 087 B030000 SOR+ 088 D000000 Y SIGNATURE CHRIS THOMAS TITLE ASST TREASURER