OPPENHEIMER EQUITY INCOME FUND INC
NSAR-A/A, 1995-03-01
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000 A000000 12/31/94
000 C000000 0000045156
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002 A000000 3410 SOUTH GALENA STREET
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020 A000001 GOLDMAN, SACHS & CO.
020 B000001 13-5108880
020 C000001    443
020 A000002 WERTHEIM SCHRODER & CO., INC.
020 B000002 13-2697272
020 C000002    175
020 A000003 SALOMON BROTHERS, INC.
020 B000003 13-3082694
020 C000003     48
020 A000004 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000004 13-5674085
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020 C000004     39
020 A000005 SHEARSON LEHMAN BROTHERS, INC.
020 B000005 13-2518466
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020 A000006 SMITH BARNEY, HARRIS UPHAM & CO., INC.
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020 A000007 BEAR, STEARNS & CO.
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020 C000007     17
020 A000008 MARINER FINANCIAL SERVICES, INC.
020 B000008 38-2273238
020 C000008     16
020 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000009 13-2741729
020 C000009     15
020 A000010 WARBURG (S.G.), ROWE, & PITMAN, AKROYD, INC.
020 B000010 13-2671492
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022 A000001 FIRST CHICAGO CAPITAL MARKET
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SIGNATURE   GEORGE C. BOWEN                              
TITLE       TREASURER           
 

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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000045156
<NAME> OPPENHEIMER EQUITY INCOME FUND
       
<S>                             <C>
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<PERIOD-START>                             JUL-01-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                       1919594273
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000045156
<NAME> OPPENHEIMER EQUITY INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1995
<PERIOD-START>                             JUL-01-1994
<PERIOD-END>                               DEC-31-1994
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</TABLE>


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