PRINCOR CAPITAL ACCUMULATION FUND INC
NSAR-B, 1994-12-22
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<PAGE>      PAGE  1
000 B000000 10/31/94
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001 A000000 PRINCOR CAPITAL ACCUMULATION FUND, INC.
001 B000000 811-1874
001 C000000 5152475476
002 A000000 THE PRINCIPAL FINANCIAL GROUP
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002 D010000 50392
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013 A000001 ERNST & YOUNG LLP
013 B010001 DES MOINES
013 B020001 IA
013 B030001 50309
014 A000001 PRINCOR FINANCIAL SERVICES CORPORATION CORP.
014 B000001 8-01137
014 A000002 PRINCIPAL FINANCIAL SECURITIES, INC.
014 B000002 8-17269
014 A000003 MORGAN STANLY INCORPORATED & CO.
014 B000003 8-15869
020 A000001 LIPPER ANALYTICAL
020 B000001 13-2792478
020 C000001     33
020 A000002 SALOMON BROTHERS
020 B000002 13-3082694
020 C000002     20
020 A000003 INSTINET CO.
020 B000003 13-2596491
020 C000003      9
020 A000004 JEFFRIES & COMPANY
020 B000004 95-2622900
020 C000004      8
020 A000005 EXECUTION SERVICES INCORPORATED
020 B000005 13-2862329
020 C000005      7
020 A000006 CANTOR, FITZGERALD & CO, INC.
020 B000006 95-1786286
020 C000006      7
<PAGE>      PAGE  2
020 A000007 DAIN BOSWORTH, INC.
020 B000007 41-1414269
020 C000007      5
020 A000008 CHICAGO CORPORATION
020 B000008 36-2549961
020 C000008      5
020 A000009 MORGAN, J.P. SECURITIES
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020 A000010 JONES & ASSOCIATES
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020 C000010      5
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022 A000001 FORD MOTOR CREDIT CO.
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022 C000001     79913
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022 C000002     56155
022 D000002         0
022 A000003 HOUSEHOLD FINANCE CORP.
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022 C000003     37501
022 D000003         0
022 A000004 AMERICAN EXPRESS CREDIT CORP.
022 B000004 11-1988350
022 C000004     34573
022 D000004         0
022 A000005 CHEVRON OIL FINANCE CO.
022 B000005 25-1215010
022 C000005     32385
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022 A000006 COMMERCIAL CREDIT CO.
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022 C000006     23507
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022 A000007 GENERAL ELECTRIC CO.
022 B000007 42-1192999
022 C000007     20954
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022 A000008 ASSOCIATES CORPORATION OF NORTH AMERICA
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022 A000010 NORWEST FINANCIAL, INC.
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SIGNATURE   A.S. FILEAN                                  
TITLE       V.P. & SECRETARY    
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1994
<PERIOD-END>                               OCT-31-1994
<INVESTMENTS-AT-COST>                      257,852,382
<INVESTMENTS-AT-VALUE>                     285,333,017
<RECEIVABLES>                                  867,269
<ASSETS-OTHER>                                  23,467
<OTHER-ITEMS-ASSETS>                             4,038
<TOTAL-ASSETS>                             286,227,791
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      262,767
<TOTAL-LIABILITIES>                            262,767
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   252,347,124
<SHARES-COMMON-STOCK>                       13,725,652
<SHARES-COMMON-PRIOR>                       11,210,244
<ACCUMULATED-NII-CURRENT>                    1,464,283
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      4,672,982
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    27,480,635
<NET-ASSETS>                               285,965,024
<DIVIDEND-INCOME>                            7,103,950
<INTEREST-INCOME>                              448,734
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,199,626
<NET-INVESTMENT-INCOME>                      5,353,058
<REALIZED-GAINS-CURRENT>                     4,676,679
<APPREC-INCREASE-CURRENT>                    7,375,728
<NET-CHANGE-FROM-OPS>                       17,405,465
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (5,289,873)
<DISTRIBUTIONS-OF-GAINS>                  (16,954,587)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,560,201
<NUMBER-OF-SHARES-REDEEMED>                (1,131,319) 
<SHARES-REINVESTED>                          1,086,526
<NET-CHANGE-IN-ASSETS>                      45,949,027
<ACCUMULATED-NII-PRIOR>                      1,397,817
<ACCUMULATED-GAINS-PRIOR>                   16,957,815
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,212,997
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,199,626
<AVERAGE-NET-ASSETS>                       264,349,960
<PER-SHARE-NAV-BEGIN>                            21.41
<PER-SHARE-NII>                                    .39
<PER-SHARE-GAIN-APPREC>                            .93
<PER-SHARE-DIVIDEND>                             (.41)
<PER-SHARE-DISTRIBUTIONS>                       (1.49)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.83
<EXPENSE-RATIO>                                    .83
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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