<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000706211
<NAME> T.ROWE PRICE GROWTH & INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 2231103
<INVESTMENTS-AT-VALUE> 3168030
<RECEIVABLES> 49760
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3217790
<PAYABLE-FOR-SECURITIES> 57658
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6415
<TOTAL-LIABILITIES> 64073
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2118133
<SHARES-COMMON-STOCK> 125706
<SHARES-COMMON-PRIOR> 140731
<ACCUMULATED-NII-CURRENT> 1795
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 96862
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 936927
<NET-ASSETS> 3153716
<DIVIDEND-INCOME> 27692
<INTEREST-INCOME> 5320
<OTHER-INCOME> 0
<EXPENSES-NET> 12176
<NET-INVESTMENT-INCOME> 20836
<REALIZED-GAINS-CURRENT> 95981
<APPREC-INCREASE-CURRENT> (26337)
<NET-CHANGE-FROM-OPS> 90480
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (19105)
<DISTRIBUTIONS-OF-GAINS> (3870)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7276
<NUMBER-OF-SHARES-REDEEMED> (23212)
<SHARES-REINVESTED> 911
<NET-CHANGE-IN-ASSETS> (285819)
<ACCUMULATED-NII-PRIOR> 64
<ACCUMULATED-GAINS-PRIOR> 4751
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8828
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12186
<AVERAGE-NET-ASSETS> 3128313
<PER-SHARE-NAV-BEGIN> 24.44
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 0.67
<PER-SHARE-DIVIDEND> (0.15)
<PER-SHARE-DISTRIBUTIONS> (0.03)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.09
<EXPENSE-RATIO> 0.78
</TABLE>
