COLUMBIA SMALL CAP FUND INC
NSAR-A, 1999-08-30
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000 A000000 06/30/1999
000 C000000 1016510
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001 A000000 COLUMBIA SMALL CAP FUND, INC.
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018  000000 Y
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020 A000001 INSTINET CORP
020 B000001 133443395
020 C000001     33
020 A000002 LEHMAN BROTHERS
020 B000002 132518466
020 C000002     25
020 A000003 WEEDEN & CO LLP
020 B000003 133364318
020 C000003     19
020 A000004 FIRST BOSTON CORP (CREDIT SUISSE)
020 B000004 135659485
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020 A000005 MERRILL LYNCH
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020 C000005     13
020 A000006 MONTGOMERY SECURITIES
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020 A000007 ROBERTSON STEPHENS & CO
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020 A000008 DEUTSCHE MORGAN GRENFELL
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020 B000008 132730828
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020 A000009 GOLDMAN SACHS & CO
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020 A000010 DONALDSON LUFKIN & JENRETTE
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SIGNATURE   J. JERRY INSKEEP, JR.
TITLE       PRESIDENT



<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED SEMI-ANNUAL REPORT OF THE COLUMBIA FUNDS DATED JUNE 30, 1999, AND
THE AUDITED ANNUAL REPORT OF THE COLUMBIA FUNDS DATED DECEMBER 31, 1998,
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0001016510
<NAME> COLUMBIA SMALL CAP FUND, INC.

<S>                             <C>
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<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
<INVESTMENTS-AT-COST>                      125,840,560
<INVESTMENTS-AT-VALUE>                     154,455,579
<RECEIVABLES>                                4,181,376
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                        12,928,959
<TOTAL-ASSETS>                             171,565,914
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<SHARES-COMMON-PRIOR>                        9,206,099
<ACCUMULATED-NII-CURRENT>                    (672,288)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (7,371,538)
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<ACCUM-APPREC-OR-DEPREC>                    28,615,019
<NET-ASSETS>                               167,508,353
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<PER-SHARE-NAV-END>                              18.09
<EXPENSE-RATIO>                                   1.31


</TABLE>


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