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<PAGE> PAGE 2
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<PAGE> PAGE 3
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SIGNATURE THEODORE W. HOWARD
TITLE V.P. & TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE SEMIANNUAL REPORT
TO SHAREHOLDERS DATED SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000702331
<NAME> UNITED GOVERNMENT SECURITIES FUND, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-END> SEP-30-1996
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<OTHER-ITEMS-ASSETS> 60,989
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<PAYABLE-FOR-SECURITIES> 1,989,063
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 658,026
<TOTAL-LIABILITIES> 2,647,089
<SENIOR-EQUITY> 264,230
<PAID-IN-CAPITAL-COMMON> 143,768,090
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<EXPENSES-NET> (657,081)
<NET-INVESTMENT-INCOME> 4,335,079
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<APPREC-INCREASE-CURRENT> (1,156,789)
<NET-CHANGE-FROM-OPS> 2,340,625
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<DISTRIBUTIONS-OF-INCOME> (4,335,079)
<DISTRIBUTIONS-OF-GAINS> 0
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