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August 21, 1996

Securities And Exchange Commission
450 Fifth Street, N.W.
Attention: Document Control - EDGAR
Washington, D.C. 20549-1004

Re: Rule 24f-2 Notice for
IDS Utilities Income Fund, Inc.
SEC File No. 33-20872/811-5522

Commissioners:

[i] In accordance with the provisions of Rule 24f-2,

IDS Utilities Income Fund, Inc. hereby files its Rule 24f-2 Notice for the fiscal year ended June 30, 1996 ("Fiscal Year").

[ii] Amount of securities registered other than under 24f-2 which were unsold at the beginning of the fiscal year.* $97,187,797

[iii] Amount of securities registered during the fiscal year other than under 24f-2.** $0

[iv] Amount of securities sold during the fiscal year.*** $22,097,113

[v] Amount of securities sold pursuant to 24f-2. $0

[vi] Fee $0 / 2900 $0.00

* 13,062,876 shares x $7.44 on August 15, 1996 ** 0 shares x $7.44 on August 15, 1996 *** Sales of $145,792,020 minus redemptions of $123,694,907

Enclosed please find an opinion of counsel.

If there are any questions, please contact the undersigned.

Very truly yours,

IDS UTILITIES INCOME FUND, INC.

Leslie L. Ogg
Vice President, General Counsel and Secretary

LLO/TA/rdh

Enclosures


EXHIBIT INDEX
(b) (10) OPINION OF COUNSEL


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August 21, 1996

IDS Utilities Income Fund, Inc.
IDS Tower 10
Minneapolis, Minnesota 55440-0010

Gentlemen:

I have examined the Articles of Incorporation and the By-Laws of the Company and all necessary certificates, permits, minute books, documents and records of the Company, and the applicable statutes of the State of Minnesota, and it is my opinion:

(a) That the Company is a corporation duly organized and existing under the laws of the State of Minnesota with an authorized capital stock of 10,000,000,000 shares, all of $.01 par value, that such shares may be issued as full or fractional shares and that on June 30, 1996, 100,131,196 shares were issued and outstanding;

(b) That all such authorized shares are, under the laws of the State of Minnesota, redeemable as provided in the Articles of Incorporation of the Company and upon redemption shall have the status of authorized and unissued shares;

(c) That the Company registered on March 29, 1988, an indefinite number of shares pursuant to Rule 24f-2 and is herewith filing a Rule 24f-2 Notice covering the shares during its Fiscal Period ended June 30, 1996; and

(d) That shares which were sold at not less than their par value and in accordance with applicable federal and state securities laws were legally issued, fully paid and nonassessable.

I hereby consent that the foregoing opinion may be used in connection with the Rule 24f-2 Notice.

Very truly yours,

Leslie L. Ogg
Attorney at Law
901 S. Marquette Ave., Suite 2810
Minneapolis, Minnesota 55402-3268