FEDERATED STOCK & BOND FUND INC
NSAR-A, 1995-06-29
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012 A000001 FEDERATED SERVICES COMPANY
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SIGNATURE   S. ELLIOT COHAN                              
TITLE       ASST. GEN. COUNCIL  
 


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   1                                              
     <NAME>                     Stock and Bond Fund, Inc.                      
                                                                               
                                                                               
<PERIOD-TYPE>                   6-MOS                                          
<FISCAL-YEAR-END>               Oct-31-1995                                    
<PERIOD-END>                    Apr-30-1995                                    
<INVESTMENTS-AT-COST>           112,858,963                                    
<INVESTMENTS-AT-VALUE>          124,043,535                                    
<RECEIVABLES>                   3,167,851                                      
<ASSETS-OTHER>                  14,533                                         
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  127,225,919                                    
<PAYABLE-FOR-SECURITIES>        2,025,203                                      
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       65,509                                         
<TOTAL-LIABILITIES>             2,090,712                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        108,803,959                                    
<SHARES-COMMON-STOCK>           7,479,078                                      
<SHARES-COMMON-PRIOR>           7,718,077                                      
<ACCUMULATED-NII-CURRENT>       2,564,579                                      
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         2,582,097                                      
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        11,184,572                                     
<NET-ASSETS>                    125,135,207                                    
<DIVIDEND-INCOME>               828,786                                        
<INTEREST-INCOME>               2,136,606                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  644,899                                        
<NET-INVESTMENT-INCOME>         2,320,493                                      
<REALIZED-GAINS-CURRENT>        2,582,290                                      
<APPREC-INCREASE-CURRENT>       1,648,870                                      
<NET-CHANGE-FROM-OPS>           6,551,653                                      
<EQUALIZATION>                  (71,212)                                       
<DISTRIBUTIONS-OF-INCOME>       2,240,751                                      
<DISTRIBUTIONS-OF-GAINS>        700,551                                        
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         885,178                                        
<NUMBER-OF-SHARES-REDEEMED>     1,253,767                                      
<SHARES-REINVESTED>             129,590                                        
<NET-CHANGE-IN-ASSETS>          (246,657)                                      
<ACCUMULATED-NII-PRIOR>         2,556,047                                      
<ACCUMULATED-GAINS-PRIOR>       700,358                                        
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           452,008                                        
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 715,850                                        
<AVERAGE-NET-ASSETS>            123,067,533                                    
<PER-SHARE-NAV-BEGIN>           16.250                                         
<PER-SHARE-NII>                 0.310                                          
<PER-SHARE-GAIN-APPREC>         0.560                                          
<PER-SHARE-DIVIDEND>            0.300                                          
<PER-SHARE-DISTRIBUTIONS>       0.090                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             16.730                                         
<EXPENSE-RATIO>                 106                                            
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


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