MBL GROWTH FUND INC
NSAR-B, 1998-02-24
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<PAGE>      PAGE  1
000 B000000 12/31/97
000 C000000 0000708952
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 MBL GROWTH FUND, INC.
001 B000000 811-3593
001 C000000 9734818356
002 A000000 520 BROAD ST.
002 B000000 NEWARK
002 C000000 NJ
002 D010000 07102
002 D020000 3111
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
020 A000001 JEFFERIES
020 B000001 95-2622900
020 C000001     16
020 A000002 DONALDSON, LUFKIN & JENRETTE
020 B000002 13-2741729
020 C000002      8
020 A000003 INSTINET
020 B000003 13-3443395
020 C000003      8
020 A000004 OPPENHEIMER
020 B000004 13-2798343
020 C000004      2
020 A000005 WILLIAM BLAIR
020 B000005 36-2214610
020 C000005      2
020 A000006 ROBERT BRANDT
020 B000006 95-2650507
020 C000006      1
020 A000007 PRUDENTIAL
020 B000007 22-2347336
020 C000007      1
020 A000008 PAINE WEBBER
020 B000008 13-2638166
020 C000008      1
020 A000009 LEHMAN
020 B000009 13-2518466
020 C000009      1
020 A000010 BEAR, STEARNS
<PAGE>      PAGE  2
020 B000010 13-3299429
020 C000010      1
021  000000       41
022 A000001 DEAN WITTER
022 B000001 94-1671384
022 C000001     15959
022 D000001      3531
022 A000002 FIRST CHICAGO
022 B000002 36-3595942
022 C000002     13282
022 D000002      3918
022 A000003 CLARKE
022 B000003 13-2969143
022 C000003      6969
022 D000003      4421
022 A000004 MERRILL, LYNCH
022 B000004 13-5674085
022 C000004      8061
022 D000004      3047
022 A000005 LEHMAN
022 B000005 13-2518466
022 C000005      4337
022 D000005      5785
022 A000006 SMITH BARNEY
022 B000006 13-1912900
022 C000006      6433
022 D000006      3282
022 A000007 MORGAN STANLEY
022 B000007 13-2655998
022 C000007      1701
022 D000007         0
022 A000008 QUEST FOR VALUE
022 C000008         0
022 D000008      1604
022 A000009 NATIONAL EDUCATION
022 B000009 95-2774428
022 C000009         0
022 D000009      1205
022 A000010 ALLMERICA PROPERTY & CASUALTY
022 B000010 04-3263626
022 C000010         0
022 D000010       936
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023 D000000      29715
028 A010000       213
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028 B020000       501
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<PAGE>      PAGE  3
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028 F020000      6955
028 F030000         0
028 F040000       242
028 G010000       376
028 G020000      7456
028 G030000         0
028 G040000      1509
028 H000000         0
029  000000 N
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030 C000000  0.00
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066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
<PAGE>      PAGE  4
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
071 A000000     28756
071 B000000     27680
071 C000000     45776
071 D000000   60
072 A000000 12
072 B000000      388
072 C000000      643
072 D000000        0
072 E000000        0
072 F000000      317
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072 H000000        0
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072 J000000       71
072 K000000        0
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072 M000000        8
072 N000000        1
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072 R000000       25
072 S000000       21
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000       11
072 X000000      482
072 Y000000        0
072 Z000000      549
072AA000000     8546
072BB000000      392
072CC010000     5262
072CC020000        0
072DD010000      541
072DD020000        0
072EE000000     6913
073 A010000   0.1300
073 A020000   0.0000
073 B000000   1.6700
073 C000000   0.0000
074 A000000       44
074 B000000        0
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074 D000000      255
074 E000000      360
074 F000000    52735
<PAGE>      PAGE  5
074 G000000        0
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074 T000000    57421
074 U010000     4719
074 U020000        0
074 V010000    12.17
074 V020000     0.00
074 W000000   0.0000
074 X000000        8
074 Y000000        0
075 A000000        0
075 B000000    52255
076  000000     0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078  000000 N
080 A000000 NATIONAL UNION FIRE INS. CO. OF PITTSBURGH
080 C000000     2000
081 A000000 Y
081 B000000   5
<PAGE>      PAGE  6
082 A000000 Y
082 B000000       25
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
SIGNATURE   ALBERT W. LEIER                              
TITLE       V.P. & TREASURER    
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ANNUAL
REPORT OF MBL GROWTH FUND, INC. DATED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000708952
<NAME> MBL GROWTH FUND, INC.
<MULTIPLIER> 1,000
       
<S>                             <C>
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<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                            44157
<INVESTMENTS-AT-VALUE>                           58844
<RECEIVABLES>                                       56
<ASSETS-OTHER>                                      50
<OTHER-ITEMS-ASSETS>                                 0
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<PAYABLE-FOR-SECURITIES>                          1413
<SENIOR-LONG-TERM-DEBT>                              0
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<NET-INVESTMENT-INCOME>                            549
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<EQUALIZATION>                                       0
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<GROSS-ADVISORY-FEES>                              317
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    482
<AVERAGE-NET-ASSETS>                             52255
<PER-SHARE-NAV-BEGIN>                            10.68
<PER-SHARE-NII>                                   0.13
<PER-SHARE-GAIN-APPREC>                           3.16
<PER-SHARE-DIVIDEND>                              0.13
<PER-SHARE-DISTRIBUTIONS>                         1.67
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.17
<EXPENSE-RATIO>                                   0.92
<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>


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