ELFUN INCOME FUND
NSAR-A, 1995-08-24
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013 A000001 KPMG PEAT MARWICK
013 B010001 STAMFORD
013 B020001 CT
013 B030001 06905
014 A000001 KIDDER PEABODY & CO., INC.
014 B000001 8-04831
014 A000002 GECC CAPITAL MARKETS GROUP, INC.
014 B000002 8-29149
014 A000003 POLARIS SECURITIES CORP.
014 B000003 8-29468
014 A000004 GNA SECURITIES, INC.
014 B000004 8-26614
014 A000005 GNA DISTRIBUTORS, INC.
014 B000005 8-46211
014 A000006 GE INVESTMENT SERVICES INC.
014 B000006 8-45710
014 A000007 PAINEWEBBER INCORPORATED
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014 A000008 MITCHELL HUTCHINS ASSET MANAGEMENT, INC.
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SIGNATURE   JEFF GROH                                    
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000717854
<NAME> ELFUN INCOME FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               JUN-30-1995
<INVESTMENTS-AT-COST>                           247952
<INVESTMENTS-AT-VALUE>                          252110
<RECEIVABLES>                                     7894
<ASSETS-OTHER>                                      26
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  260030
<PAYABLE-FOR-SECURITIES>                         11255
<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                              54501
<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                            18185
<SHARES-COMMON-PRIOR>                            17599
<ACCUMULATED-NII-CURRENT>                        (141)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (4328)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          4159
<NET-ASSETS>                                    205529
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 7209
<OTHER-INCOME>                                       3
<EXPENSES-NET>                                   (242)
<NET-INVESTMENT-INCOME>                           6970
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<NET-CHANGE-FROM-OPS>                            20406
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (6970)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1328
<NUMBER-OF-SHARES-REDEEMED>                     (1283)
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<ACCUMULATED-NII-PRIOR>                           (64)
<ACCUMULATED-GAINS-PRIOR>                       (7062)
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<GROSS-EXPENSE>                                    242
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<PER-SHARE-NAV-BEGIN>                            10.55
<PER-SHARE-NII>                                   0.39
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</TABLE>


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