LEGG MASON VALUE TRUST INC
NSAR-B, 1996-05-30
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SIGNATURE   MARIE K. KARPINSKI                           
TITLE       TREASURER           
 

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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000357235
<NAME> LEGG MASON VALUE TRUST, INC. - PRIMARY SHARES
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-START>                             APR-01-1995
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                          804,283
<INVESTMENTS-AT-VALUE>                       1,498,566
<RECEIVABLES>                                    8,021
<ASSETS-OTHER>                                     141
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               1,506,728
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       773,993
<SHARES-COMMON-STOCK>                           53,754
<SHARES-COMMON-PRIOR>                           48,811
<ACCUMULATED-NII-CURRENT>                        3,842
<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                 1,503,106
<DIVIDEND-INCOME>                               25,200
<INTEREST-INCOME>                                8,413
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  22,946
<NET-INVESTMENT-INCOME>                         10,667
<REALIZED-GAINS-CURRENT>                        57,010
<APPREC-INCREASE-CURRENT>                      369,425
<NET-CHANGE-FROM-OPS>                          437,102
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        8,750
<DISTRIBUTIONS-OF-GAINS>                        62,321
<DISTRIBUTIONS-OTHER>                                0
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<NUMBER-OF-SHARES-REDEEMED>                   (11,393)
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<AVERAGE-NET-ASSETS>                         1,237,915
<PER-SHARE-NAV-BEGIN>                            20.21
<PER-SHARE-NII>                                    .19
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<PER-SHARE-DIVIDEND>                             (.17)
<PER-SHARE-DISTRIBUTIONS>                       (1.24)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000357235
<NAME> NAVIGATOR VALUE TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-START>                             APR-01-1995
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                          804,283
<INVESTMENTS-AT-VALUE>                       1,498,566
<RECEIVABLES>                                    8,021
<ASSETS-OTHER>                                     141
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               1,506,728
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<OTHER-ITEMS-LIABILITIES>                        3,622
<TOTAL-LIABILITIES>                              3,622
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       773,993
<SHARES-COMMON-STOCK>                            1,932
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<OVERDISTRIBUTION-GAINS>                             0
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                         2,262
<DISTRIBUTIONS-OTHER>                                0
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<NUMBER-OF-SHARES-REDEEMED>                      (265)
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<NET-CHANGE-IN-ASSETS>                         480,262
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<PER-SHARE-NII>                                    .43
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<PER-SHARE-DIVIDEND>                             (.40)
<PER-SHARE-DISTRIBUTIONS>                       (1.24)
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<EXPENSE-RATIO>                                    .82
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<AVG-DEBT-PER-SHARE>                                 0
        

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