PRICE T ROWE TAX EFFICIENT BALANCED FUND INC
NSAR-B, 2000-04-27
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<PAGE>      PAGE  1
000 B000000 02/29/2000
000 C000000 0001038490
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011 A00AA01 T ROWE PRICE INVESTMENT SERVICES, INC
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<PAGE>      PAGE  2
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015 A00AA01 STATE STREET BANK & TRUST COMPANY
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SIGNATURE   JAMES RIEPE
TITLE       VICE PRESIDENT

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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001038490
<NAME> T. ROWE PRICE TAX-EFFICIENT BALANCED FUND

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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001038490
<NAME> T. ROWE PRICE TAX-EFFICIENT GROWTH FUND

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