WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000029292
<NAME> ALLIANCE GROWTH AND INCOME FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> GROWTH AND INCOME FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 4,995,918,438
<INVESTMENTS-AT-VALUE> 5,683,015,295
<RECEIVABLES> 56,150,852
<ASSETS-OTHER> 167
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5,739,166,314
<PAYABLE-FOR-SECURITIES> 19,814,975
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,392,939
<TOTAL-LIABILITIES> 32,207,914
<SENIOR-EQUITY> 14,122,353
<PAID-IN-CAPITAL-COMMON> 4,668,417,807
<SHARES-COMMON-STOCK> 522,410,769
<SHARES-COMMON-PRIOR> 406,370,981
<ACCUMULATED-NII-CURRENT> (8,154,712)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 345,476,095
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 687,096,857
<NET-ASSETS> 5,706,958,400
<DIVIDEND-INCOME> 71,294,987
<INTEREST-INCOME> 14,068,749
<OTHER-INCOME> 0
<EXPENSES-NET> (62,154,588)
<NET-INVESTMENT-INCOME> 23,209,148
<REALIZED-GAINS-CURRENT> 352,235,620
<APPREC-INCREASE-CURRENT> 332,086,072
<NET-CHANGE-FROM-OPS> 707,530,840
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (18,495,434)
<DISTRIBUTIONS-OF-GAINS> (71,182,289)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 496,303,898
<NUMBER-OF-SHARES-REDEEMED> (402,520,081)
<SHARES-REINVESTED> 22,255,971
<NET-CHANGE-IN-ASSETS> 1,803,115,202
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 181,547,844
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21,016,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 62,155,000
<AVERAGE-NET-ASSETS> 1,736,984,692
<PER-SHARE-NAV-BEGIN> 3.70
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 0.54
<PER-SHARE-DIVIDEND> (0.04)
<PER-SHARE-DISTRIBUTIONS> (0.17)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 4.07
<EXPENSE-RATIO> 0.91
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
