COLUMBIA SMALL CAP FUND INC
NSAR-A, 1998-08-28
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<PAGE>      PAGE  1
000 A000000 06/30/98
000 C000000 1016510
000 D000000 N
000 E000000 NF
000 F000000 Y
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001 A000000 COLUMBIA SMALL CAP FUND, INC.
001 B000000 811-7671
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002 A000000 1301 SW FIFTH AVENUE
002 B000000 PORTLAND
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002 D010000 97201
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013 B010001 PORTLAND
013 B020001 OR
013 B030001 97201
020 A000001 LEHMAN BROTHERS INC
020 B000001 132518466
020 C000001     15
020 A000002 WEEDEN & CO
020 B000002 133364318
020 C000002     15
020 A000003 MONTGOMERY SECURITIES
020 B000003 941701676
020 C000003     13
020 A000004 INSTINET CORP
020 B000004 133443395
020 C000004     12
020 A000005 FIRST BOSTON CORP
020 B000005 135659485
020 C000005      9
020 A000006 MORGAN STANLEY & CO INC
020 B000006 132655998
020 C000006      9
020 A000007 OPPENHEIMER & CO
020 B000007 132798343
020 C000007      8
020 A000008 SMITH BARNEY INC
020 B000008 131912900
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020 A000009 DONALDSON LUFKIN & JENRETTE SECURITIES
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020 B000009 132741729
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020 A000010 FURMAN SELZ LLC
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022 A000001 GOLDMAN SACHS & CO
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022 A000002 MONTGOMERY SECURITIES
022 B000002 941701676
022 C000002      6621
022 D000002      3403
022 A000003 PIPER JAFFRAY INC
022 B000003 410953246
022 C000003      4200
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022 A000004 MERRILL LYNCH PIERCE FENNER
022 B000004 135674085
022 C000004      3848
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022 B000005 132741729
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022 B000006 132741729
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022 B000007 135659485
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SIGNATURE   J. JERRY INSKEEP, JR.                        
TITLE       PRESIDENT           
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED SEMIANNUAL REPORT OF THE COLUMBIA FUNDS DATED 06/30/98, AND THE
AUDITED ANNUAL REPORT OF THE COLUMBIA FUNDS DATED 12/31/97, AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000101510
<NAME> COLUMBIA SMALL CAP FUND INC
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                      110,018,637
<INVESTMENTS-AT-VALUE>                     125,723,561
<RECEIVABLES>                                3,265,113
<ASSETS-OTHER>                                       0
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<SENIOR-EQUITY>                                      0
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<ACCUMULATED-NII-CURRENT>                    (418,162)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      3,225,275
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<NET-INVESTMENT-INCOME>                      (418,162)
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<NET-CHANGE-FROM-OPS>                        9,174,896
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<PER-SHARE-NAV-BEGIN>                            16.65
<PER-SHARE-NII>                                  (.05)
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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