ELFUN INCOME FUND
NSAR-A, 1997-08-25
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<PAGE>      PAGE  1
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SIGNATURE   JEFF GROH                                    
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000717854
<NAME> ELFUN INCOME FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           233256
<INVESTMENTS-AT-VALUE>                          243221
<RECEIVABLES>                                    11768
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  254989
<PAYABLE-FOR-SECURITIES>                         33288
<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                              34084
<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                            19512
<SHARES-COMMON-PRIOR>                            19386
<ACCUMULATED-NII-CURRENT>                          199
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           2441
<OVERDISTRIBUTION-GAINS>                             0
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<DIVIDEND-INCOME>                                  238
<INTEREST-INCOME>                                 7196
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (228)
<NET-INVESTMENT-INCOME>                           7206
<REALIZED-GAINS-CURRENT>                           490
<APPREC-INCREASE-CURRENT>                        (453)
<NET-CHANGE-FROM-OPS>                             7243
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (7210)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
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<NUMBER-OF-SHARES-REDEEMED>                     (1641)
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</TABLE>


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