-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RXTwXut6Fe5QoNr9qJ388Lf0jb2Ol9qv9/WC3s09yQ7QSeRGvs5Y98lBVjNDcc2L
 6PAEXuC44l/bN8xTKM0KSQ==

<SEC-DOCUMENT>0000038777-98-000414.txt : 19980410
<SEC-HEADER>0000038777-98-000414.hdr.sgml : 19980410
ACCESSION NUMBER:		0000038777-98-000414
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19940920
FILED AS OF DATE:		19980409
SROS:			NYSE

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEMPLETON DRAGON FUND INC
		CENTRAL INDEX KEY:			0000919893
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		IRS NUMBER:				650473580
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		
		SEC FILE NUMBER:	811-08394
		FILM NUMBER:		98590407

	BUSINESS ADDRESS:	
		STREET 1:		700 CENTRAL AVE
		CITY:			ST PETERSBURG
		STATE:			FL
		ZIP:			33701
		BUSINESS PHONE:		8138238712
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			BRADY NICHOLAS F
	CENTRAL INDEX KEY:			0001015841
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>DIRECTOR
	IRS NUMBER:				216301579

FILING VALUES:
	FORM TYPE:		3

BUSINESS ADDRESS:	
	STREET 1:		C/O DARBY ADVISORS INC BULLITT HOUSE
	STREET 2:		102 EAST DOVER STREET
	CITY:			EASTON
	STATE:			MD
	ZIP:			21601
	BUSINESS PHONE:		4153126505

MAIL ADDRESS:	
	STREET 1:		FRANKLIN RESOURCES INC
	STREET 2:		901 MARINERS ISLAND BLVD 6TH FLOOR
	CITY:			SAN MATEO
	STATE:			CA
	ZIP:			94405
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<TEXT>

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3  INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

1. Name and Address of Reporting Person
   Brady, Nicholas Frederick
   The Bullitt House
   Dover & Harrison Streets
   
   Easton, MD  21601
2. Date of Event Requiring Statement (Month/Day/Year)
   9/20/94
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

4. Issuer Name and Ticker or Trading Symbol
   
5. Relationship of Reporting Person to Issuer (Check all applicable)
   [X] Director                   [ ] 10% Owner 
   [ ] Officer (give title below) [ ] Other (specify below)
    
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
   [X] Form filed by One Reporting Person
   [ ] Form filed by More than One Reporting Person

<TABLE>
<CAPTION>
Table I   Non-Derivative Securities Beneficially Owned
- -----------------------------------------------------------------------------------------------------
1)Title of Security                                          2)Amount of         3)  4)Nature of     
                                                             Securities          D   Indirect        
                                                             Beneficially        or  Beneficial      
                                                             Owned               I   Ownership       
- -----------------------------------------------------------------------------------------------------
<S>                                                          <C>                 <C> <C>             

<CAPTION>
Table II   Derivative Securitites Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative Security  2)Date Exercisable  3)Title and Amount of                   4)Conver-  5)Ownership 6)Nature of      
                                and Expiration Date Securities Underlying                   sion or    Form of     Indirect         
                                (Month/Day/Year)    Derivative Security                     exercise   Derivative  Beneficial       
                                                                                            price of   Security    Ownership        
                                Date      Expira-                                Amount or  Deri-      Direct(D)                    
                                Exer-     tion                                   Number of  vative     or                           
                                cisable   Date      Title                        Shares     Security   Indirect(I)                  
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                             <C>       <C>       <C>                          <C>        <C>        <C>         <C>              

<FN>
Explanation of Responses:


</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ By: THOMAS M. MISTELE AS ATTORNEY-IN-FACT
    For: NICHOLAS F. BRADY
DATE 09/15/94
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
