U.S. SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                            FORM 24F-2
                 Annual Notice of Securities Sold
                      Pursuant to Rule 24f-2

     Read instructions at end of Form before preparing Form.
                      Please print or type.



     1.   Name and address of issuer: Prudential Small Company Value Fund, Inc.,
          100  Mulberry Street, Gateway Center Three, Newark, New Jersey  07102-
          4077.

     2.   Name of each series or class of funds for which this Form is filed 
          (If the Form is being filed for all series and classes of 
          securities of  the issuer, check the box but do not list series or 
          classes):
                                                       [X]
     
     3.   Investment Company Act File Number:  811-3084
          Securities Act File Number: 2-68723
     
     4(a) Last  day of fiscal year for which this Form is filed:  September  30,
          1997.

           (b) [ ] Check box if this Form is being filed late (i.e. more than 90
          calendar  days  after  the  end  of the issuer's  fiscal  year).  (See
          Instruction A.2)

     Note:  If  the  Form  is being filed late, interest must  be  paid  on  the
     registration fee due.

     4(c) [  ] Check box if this is the last time the issuer will be filing this
          Form
     
     5.   Calculation of registration fee:

         (i) Aggregate sale price of securities
             sold during the fiscal year pursuant
             to section 24(f):                   $1,600,123,132

        (ii) Aggregate price of securities redeemed
             or repurchased during the fiscal year
             (if applicable):                    $1,296,799,142

       (iii) Aggregate price of securities redeemed
             or repurchased during any prior fiscal
             year ending non earlier than October 11,
             1995 that were not previously used to
             reduce registration fees payable to the
             Commission.                            $      0
             
        (iv)Total available redemption credits
             [add items 5(ii) and 5(iii).           $1,296,799,142

         (v)Net sales - If item 5(i) is greater
             than Item 5(iv) [subtract item 5(iv)
             from item 5(I).                         $303,323,990

        (vi)      Redemption credits available for use
             in future years.
             -if item 5(i) is less than item 5(iv)
             [subtract item 5(i) from item (5(iv)]   $   - 0 -

       (vii)     Multiplier for determining registration
             fee (See instruction C.9):              x   1/3300

      (viii)    Registration fee due [multiply item 5(v)
             by item 5(vii)] enter "0" if no fee is
             due.                                    =$ 91,916.36

          6.   Prepaid Shares

           If  the response to item 5(i) was determined by deducting          an
amount of securities that were registered under the              Securities  Act
of  1933 pursuant to rule 24e-2 as in              effect before [effective date
of  rescission  of  rule 24e-         2], then report the amount  of  securities
(number of               shares or other units) deducted here:  - 0 - . If there
is   a  number  of  shares or other units that were                   registered
pursuant to rule 24e-2 remaining unsold at the       end of the fiscal year  for
which  this form is filed that           are available for use by the issuer  in
future fiscal                 years, then state that number here: - 0 -.

     7.   Interest due - if this Form is being filed
             more than 90 days after the end of the of
             the issuer's fiscal year (See Instruction D):+$    0
          8.   Total amount of the registration fee due
               plus any interest due [line 5(viii)plus
                  line    7]:                                        =$91,916.36
     
         9.   Date the registration fee and any interest payment was
         sent to the Commission's lockbox depository:
                                            November ___, 1997

         Method of Delivery:

                   [X] Wire Transfer
                   [ ] Mail or other means


                                   SIGNATURES

This report has been signed below by the following persons on          behalf of
the issuer and in the capacities and on the dates            indicated.

By (Signature and Title)/s/ Caren Cunningham

                         Assistant Secretary
Date  November 20, 1997