DREYFUS CAPITAL VALUE FUND INC
NSAR-B, 1994-11-28
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001 A000000 DREYFUS CAPITAL VALUE FUND, INC.
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011 A000001 PREMIER MUTUAL FUND SERVICES, INC.
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013 A000001 ERNST & YOUNG LLP
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020 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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020 A000003 WALSH, GREENWOOD & CO.
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020 A000004 GORDON CAPITAL, INC.
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020 A000005 THE FIRST BOSTON CORPORATION
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020 A000006 BEAR, STEARNS & CO. INC.
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020 A000010 CANTOR FITZGERALD & CO.
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022 A000002 G.X. CLARKE & CO.
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080 A000000 NATIONAL UNION FIRE INS CO OF PITTSBURGH, PA
080 B000000 VIGILANT INSURANCE COMPANY
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SIGNATURE   FREDERICK C. DEY
TITLE       TREASURER



<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000737766
<NAME> DREYFUS CAPITAL VALUE FUND, INC.-CLASS A
<SERIES>
<NUMBER> 1
<NAME> CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1994
<PERIOD-END>                               SEP-30-1994
<INVESTMENTS-AT-COST>                          463,056
<INVESTMENTS-AT-VALUE>                         502,507
<RECEIVABLES>                                  110,193
<ASSETS-OTHER>                                   1,244
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 613,854
<PAYABLE-FOR-SECURITIES>                           275
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      102,339
<TOTAL-LIABILITIES>                            102,614
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       570,082
<SHARES-COMMON-STOCK>                           33,890
<SHARES-COMMON-PRIOR>                           36,121
<ACCUMULATED-NII-CURRENT>                        9,772
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (113,069)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        44,455
<NET-ASSETS>                                   402,708
<DIVIDEND-INCOME>                                1,580
<INTEREST-INCOME>                               16,852
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   8,609
<NET-INVESTMENT-INCOME>                          9,823
<REALIZED-GAINS-CURRENT>                      (19,217)
<APPREC-INCREASE-CURRENT>                       26,168
<NET-CHANGE-FROM-OPS>                           26,774
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        8,634
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          9,919
<NUMBER-OF-SHARES-REDEEMED>                     12,561
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<NET-CHANGE-IN-ASSETS>                          68,545
<ACCUMULATED-NII-PRIOR>                        (3,712)
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<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-EXPENSE>                                  8,609
<AVERAGE-NET-ASSETS>                           426,181
<PER-SHARE-NAV-BEGIN>                            11.42
<PER-SHARE-NII>                                    .24
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<PER-SHARE-DIVIDEND>                               .24
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.88
<EXPENSE-RATIO>                                   .012
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        




</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000737766
<NAME> DREYFUS CAPITAL VALUE FUND, INC.-CLASS B
<SERIES>
<NUMBER> 2
<NAME> CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1994
<PERIOD-END>                               SEP-30-1994
<INVESTMENTS-AT-COST>                          463,056
<INVESTMENTS-AT-VALUE>                         502,507
<RECEIVABLES>                                  110,103
<ASSETS-OTHER>                                   1,244
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 613,854
<PAYABLE-FOR-SECURITIES>                           275
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      102,339
<TOTAL-LIABILITIES>                            102,614
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       570,082
<SHARES-COMMON-STOCK>                            9,248
<SHARES-COMMON-PRIOR>                            2,683
<ACCUMULATED-NII-CURRENT>                        9,772
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (11,069)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        44,455
<NET-ASSETS>                                   108,532
<DIVIDEND-INCOME>                                1,580
<INTEREST-INCOME>                               16,852
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   8,609
<NET-INVESTMENT-INCOME>                          9,823
<REALIZED-GAINS-CURRENT>                      (19,217)
<APPREC-INCREASE-CURRENT>                       26,168
<NET-CHANGE-FROM-OPS>                           26,774
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          914
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          7,343
<NUMBER-OF-SHARES-REDEEMED>                        784
<SHARES-REINVESTED>                                 42
<NET-CHANGE-IN-ASSETS>                          68,545
<ACCUMULATED-NII-PRIOR>                        (3,712)
<ACCUMULATED-GAINS-PRIOR>                     (90,694)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            3,763
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  8,609
<AVERAGE-NET-ASSETS>                            75,488
<PER-SHARE-NAV-BEGIN>                            11.32
<PER-SHARE-NII>                                    .23
<PER-SHARE-GAIN-APPREC>                            .38
<PER-SHARE-DIVIDEND>                               .24
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.69
<EXPENSE-RATIO>                                   .020
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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