MBL GROWTH FUND INC
NSAR-B, 1999-02-25
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<PAGE>      PAGE  1
000 B000000 12/31/98
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     10
020 A000002 INSTINET
020 B000002 13-3443395
020 C000002      3
020 A000003 DONALDSON, LUFKIN & JENRETTE
020 B000003 13-2741729
020 C000003      2
020 A000004 LIPPER ANALYTICAL
020 B000004 13-2792478
020 C000004      2
020 A000005 PRUDENTIAL SECURITIES
020 B000005 22-2347336
020 C000005      1
020 A000006 LYNCH, JONES & RYAN
020 B000006 13-3356934
020 C000006      1
020 A000007 LEHMAN
020 B000007 13-2518466
020 C000007      0
020 A000008 BEAR, STEARNS
020 B000008 13-3299429
020 C000008      0
020 A000009 CIBC OPPENHEIMER
020 B000009 13-2798343
020 C000009      0
020 A000010 MORGAN STANLEY
<PAGE>      PAGE  2
020 B000010 13-2655998
020 C000010      0
021  000000       21
022 A000001 FIRST CHICAGO
022 B000001 36-3595942
022 C000001     21553
022 D000001      7610
022 A000002 CLARKE
022 B000002 13-2969143
022 C000002     14263
022 D000002      4029
022 A000003 MERRILL, LYNCH
022 B000003 13-5674085
022 C000003      6857
022 D000003      3794
022 A000004 DEAN WITTER
022 B000004 94-1671384
022 C000004      3157
022 D000004      1460
022 A000005 JEFFERIES
022 B000005 95-2622900
022 C000005        35
022 D000005       296
022 A000006 PENNSYLVANIA MERCHANT GROUP
022 B000006 23-2427412
022 C000006         0
022 D000006       143
022 A000007 LEHMAN
022 B000007 13-2518466
022 C000007       128
022 D000007         0
022 A000008 FIRST ALBANY
022 B000008 14-1391446
022 C000008         0
022 D000008       125
022 A000009 CANTOR FITZGERALD
022 B000009 13-3680184
022 C000009        66
022 D000009        44
022 A000010 DRAVO CORP.
022 B000010 25-0447860
022 C000010         0
022 D000010       108
023 C000000      46135
023 D000000      17724
028 A010000        41
028 A020000         0
028 A030000         0
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<PAGE>      PAGE  3
028 B030000         0
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028 G030000         0
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028 H000000         0
049  000000 N
050  000000 N
051  000000 Y
052  000000 N
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053 B000000 Y
053 C000000 N
062 A000000 N
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066 A000000 Y
066 B000000 N
066 C000000 N
<PAGE>      PAGE  4
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
071 A000000     16566
071 B000000     19780
071 C000000     56681
071 D000000   29
072 A000000 12
072 B000000      268
072 C000000      833
072 D000000        0
072 E000000        0
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072 G000000        0
072 H000000        0
072 I000000       20
072 J000000       71
072 K000000        0
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072 M000000       14
072 N000000        2
072 O000000        0
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072 R000000       34
072 S000000       63
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000       27
072 X000000      522
072 Y000000       35
072 Z000000      614
072AA000000     7785
072BB000000      236
072CC010000     4739
072CC020000        0
072DD010000      624
072DD020000        0
072EE000000     7712
073 A010000   0.1400
073 A020000   0.0000
073 B000000   1.7400
073 C000000   0.0000
074 A000000       47
074 B000000        0
<PAGE>      PAGE  5
074 C000000     1995
074 D000000        5
074 E000000      427
074 F000000    61998
074 G000000        0
074 H000000        0
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074 K000000       29
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074 R030000        0
074 R040000      438
074 S000000        0
074 T000000    64064
074 U010000     4905
074 U020000        0
074 V010000    13.06
074 V020000     0.00
074 W000000   0.0000
074 X000000        8
074 Y000000        0
075 A000000        0
075 B000000    60987
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
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077 K000000 N
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077 Q010000 N
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078  000000 N
<PAGE>      PAGE  6
080 A000000 NATIONAL UNION FIRE INS. CO. OF PITTSBURGH
080 C000000     2000
081 A000000 Y
081 B000000   5
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, 1998 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>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                            44999
<INVESTMENTS-AT-VALUE>                           64426
<RECEIVABLES>                                       84
<ASSETS-OTHER>                                      62
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   64571
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                          7712
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             41
<NUMBER-OF-SHARES-REDEEMED>                        508
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<ACCUMULATED-NII-PRIOR>                             43
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<OVERDISTRIB-NII-PRIOR>                              0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    522
<AVERAGE-NET-ASSETS>                             60987
<PER-SHARE-NAV-BEGIN>                            12.17
<PER-SHARE-NII>                                   0.14
<PER-SHARE-GAIN-APPREC>                           2.63
<PER-SHARE-DIVIDEND>                              0.14
<PER-SHARE-DISTRIBUTIONS>                         1.74
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<PER-SHARE-NAV-END>                              13.06
<EXPENSE-RATIO>                                   0.80
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</TABLE>


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