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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-23C-1
STATEMENT BY REGISTERED CLOSED-END
INVESTMENT COMPANY WITH RESPECT TO PURCHASES OF ITS OWN
SECURITIES PURSUANT TO RULE N-23-1 DURING THE LAST CALENDAR MONTH
(See rules and instructions on back of this form.
If acknowledgment is desired, file this form with the Commission in triplicate.)
REPORT FOR CALENDAR MONTH ENDING October 2003
Franklin Capital Corporation
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(Name of registered closed-end investment company
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Approximate
Asset Value of
Approximate
Date of Number of Price Asset Coverage Name of Seller
Each Identification Shares Per Per Share at or of
Transaction of Securities Purchased Share Time of Purchase Seller's Broker
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October 15, Franklin Capital 20,000 $0.59 $1.19 First New York
2003 Corporation Securities Corp.
Common Stock
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REMARKS:
Franklin Capital Corporation
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Name of Registrant
By /s/ Hiram M. Lazar
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Date of Statement: November 7, 2003 Chief Financial Officer
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(Title)
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