FIRST INVESTORS FUND FOR INCOME INC/NY
NSAR-B, 1999-11-17
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<PAGE>      PAGE  1
000 B000000 09/30/1999
000 C000000 0000312370
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 FIRST INVESTORS FUND FOR INCOME, INC.
001 B000000 811-2107
001 C000000 2128588000
002 A000000 95 WALL STREET
002 B000000 NEW YORK
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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SIGNATURE   JOSEPH I. BENEDEK
TITLE       TREASURER



<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000312370
<NAME> FIRST INVESTORS FUND FOR INCOME, INC.
<SERIES>
   <NUMBER> 001
   <NAME> CLASS A
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<EXPENSE-RATIO>                                   1.29


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000312370
<NAME> FIRST INVESTORS FUND FOR INCOME, INC.
<SERIES>
   <NUMBER> 002
   <NAME> CLASS B
<MULTIPLIER> 1,000

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</TABLE>



<PAGE>
Tait, Weller & Baker
Certified Public Accountants

Report of Independent Certified Public Accountants on Internal Control Structure

Board of Directors
First Investors Fund for Income, Inc.
New York, New York

In planning and performing our audit of the financial statements of First
Investors Fund for Income, Inc. for the year ended September 30, 1999, we
considered its internal control structure, including procedures for
safeguarding securities, in order to determine our auditing procedures for
the purpose of expressing our opinion on the financial statements and to
comply with the requirements of Form N-SAR, not to provide assurance on the
internal control structure.

The management of the Fund is responsible for establishing and maintaining an
internal control structure.  In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected benefits and
related costs of internal control policies and procedures.  Two of the
objectives of an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are safeguarded against
loss from unauthorized use or disposition, and that transactions are executed
in accordance with management's authorization and recorded properly to permit
preparation of financial statements in conformity with generally accepted
accounting principles.

Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected.  Also, projection of any
evaluation of the structure to future periods is subject to the risk that it
may become inadequate because of changes in conditions or that the
effectiveness of the design and operation may deteriorate.

Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weakness under standards established by the American Institute of Certified
Public Accountants.  A material weakness is a condition in which the design
or operation of the specific internal control structure elements does not
reduce to a relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial statements being
audited may occur and not be detected within a timely period by employees in
the normal course of performing their assigned functions.  However, we noted
no matters involving the internal control structure, including procedures
for safeguarding securities, that we consider to be material weaknesses, as
defined above, as of September 30, 1999.

This report is intended solely for the information and use of management and
the Securities and Exchange Commission, and should not be used for any other
purpose.

TAIT, WELLER & BAKER
Philadelphia, Pennsylvania
October 29, 1999



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