UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
	Washington, D.C.  20549

FORM N-17f-2

Certificate of Accounting of
Securities and Similar
Investments in the Custody of
Management Investment
Companies
Pursuant to Rule 17f-2 [17
CFR 270.17F-2]



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1. Investment Company Act File Number:

811-06115
Date examination
completed:

September 30, 2010
2. State identification Number:

AL
AK
AZ
AR
CA
CO

CT
DE
DC
FL
GA
HI

ID
IL
IN
IA
KS
KY

LA
ME
MD
MA
MI
MN

MS
MO
MT
NE
NV
NH

NJ
NM
NY
NC
ND
OH

OK
OR
PA
RI
SC
SD

TN
TX
UT
VT
VA
WA

WV
WI
WY
PUERTO RICO

Other (specify):
3. Exact name of investment company as specified in registration statement:

The Thai Capital Fund, Inc.
4. Address of principal executive office (number, street, city, state, zip
code):

John J. O?Keefe One Evertrust Plaza 9th Floor,  Jersey City, NJ 07302


INSTRUCTIONS

This Form must be completed by investment companies that have
custody of securities or similar investments.

Investment Company

1.	All items must be completed by the investment company.

2.	Give this Form to the independent public accountant
who, in compliance with Rule 17f-2 under the Act and applicable
state law, examines securities and similar investments in the
custody of the investment company.

Accountant

3.	Submit this Form to the Securities and Exchange
Commission and appropriate state securities administrators when
filing the certificate of accounting required by Rule 17f-2 under the Act
and applicable state law.  File the original and one copy with the
Securities and Exchange Commission's principal office in Washington,
D.C., one copy with the regional office for the region in which the
investment company's principal business operations are conducted,
and one copy with the appropriate state administrator(s), if applicable.

	THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT
	SEC 2198 (11-91)