DREYFUS CAPITAL VALUE FUND INC
NSAR-A, 1996-05-29
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<PAGE>      PAGE  1
000 A000000 03/31/96
000 C000000 0000737766
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 3.0
000 J000000 U
001 A000000 DREYFUS CAPITAL VALUE FUND (A PREMIER FUND)
001 B000000 811-3943
001 C000000 2129226855
002 A000000 200 PARK AVE.
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10166
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
012 A000001 DREYFUS TRANSFER, INC.
012 B000001 85-11312
012 C010001 PROVIDENCE
012 C020001 RI
012 C030001 02940
012 C040001 9671
018  000000 Y
019 A000000 Y
019 B000000  159
019 C000000 DREYFUSFAM
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001    128
020 A000002 AUTRANET, INC.
020 B000002 13-2961507
020 C000002     99
020 A000003 WALSH, GREENWOOD & CO.
020 B000003 13-2994695
020 C000003     70
020 A000004 BEAR, STEARNS & CO. INC.
020 B000004 13-3299429
020 C000004     27
020 A000005 LEHMAN BROTHERS INC.
020 B000005 13-2518466
020 C000005     25
020 A000006 SCOTIAMCLEOD (USA) INC.
020 B000006 13-5239583
020 C000006     22
020 A000007 SANFORD C. BERNSTEIN & CO., INC.
<PAGE>      PAGE  2
020 B000007 13-2625874
020 C000007     18
020 A000008 CS FIRST BOSTON CORPORATION
020 B000008 13-5659485
020 C000008     16
020 A000009 GORDON CAPITAL, INC.
020 B000009 13-2811234
020 C000009     15
020 A000010 J.P. MORGAN SECURITIES INC.
020 B000010 13-3224016
020 C000010     12
021  000000      474
022 A000001 G.X. CLARKE & CO.
022 B000001 13-2969143
022 C000001    295299
022 D000001    105574
022 A000002 BARCLAYS DE ZOETE WEDD SECURITIES, INC.
022 B000002 13-3551367
022 C000002     42500
022 D000002     21799
022 A000003 CHEMICAL SECURITIES, INC.
022 B000003 13-3379014
022 C000003         0
022 D000003      7235
022 A000004 CHASE SECURITIES, INC.
022 B000004 13-3112953
022 C000004      7165
022 D000004         0
022 A000005 RAND INTERNATIONAL SECURITIES
022 B000005   -
022 C000005         0
022 D000005      5879
022 A000006 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000006 13-5674085
022 C000006      1491
022 D000006      1727
022 A000007 BEAR, STEARNS & CO. INC.
022 B000007 13-3299429
022 C000007         0
022 D000007      2354
022 A000008 WEEDEN & CO. L.P.
022 B000008 13-3364318
022 C000008      2022
022 D000008         0
022 A000009 NESBITT BURNS SECURITIES, INC.
022 B000009 13-2620737
022 C000009      1904
022 D000009         0
022 A000010 THE CHICAGO CORPORATION
022 B000010 36-2549961
022 C000010         0
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SIGNATURE   JOHN J. PYBURN
TITLE       ASSISTANT TREASURER



<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000737766
<NAME> DREYFUS CAPITAL VALUE FUND (A PREMIER FUND)
<SERIES>
   <NUMBER> 1
   <NAME> CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                           314919
<INVESTMENTS-AT-VALUE>                          323857
<RECEIVABLES>                                    81929
<ASSETS-OTHER>                                    5578
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<TOTAL-ASSETS>                                  411364
<PAYABLE-FOR-SECURITIES>                          1157
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        73023
<TOTAL-LIABILITIES>                              74180
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        445503
<SHARES-COMMON-STOCK>                            23474
<SHARES-COMMON-PRIOR>                            25543
<ACCUMULATED-NII-CURRENT>                         6163
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (125376)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         10894
<NET-ASSETS>                                    250871
<DIVIDEND-INCOME>                                  698
<INTEREST-INCOME>                                 8221
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    3018
<NET-INVESTMENT-INCOME>                           5901
<REALIZED-GAINS-CURRENT>                         15176
<APPREC-INCREASE-CURRENT>                       (4589)
<NET-CHANGE-FROM-OPS>                            16488
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (10905)
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                           2284
<NUMBER-OF-SHARES-REDEEMED>                     (5042)
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<NET-CHANGE-IN-ASSETS>                         (21717)
<ACCUMULATED-NII-PRIOR>                          14106
<ACCUMULATED-GAINS-PRIOR>                     (140552)
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<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             1277
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<AVERAGE-NET-ASSETS>                            256854
<PER-SHARE-NAV-BEGIN>                            10.61
<PER-SHARE-NII>                                    .19
<PER-SHARE-GAIN-APPREC>                            .35
<PER-SHARE-DIVIDEND>                             (.46)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.69
<EXPENSE-RATIO>                                   .006
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000737766
<NAME> DREYFUS CAPITAL VALUE FUND (A PREMIER FUND)
<SERIES>
   <NUMBER> 2
   <NAME> CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-END>                               MAR-31-1996
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<INVESTMENTS-AT-VALUE>                          323857
<RECEIVABLES>                                    81929
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<OTHER-ITEMS-LIABILITIES>                        73023
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<PAID-IN-CAPITAL-COMMON>                        445503
<SHARES-COMMON-STOCK>                             7863
<SHARES-COMMON-PRIOR>                             8439
<ACCUMULATED-NII-CURRENT>                         6163
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (125376)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         10894
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<DIVIDEND-INCOME>                                  698
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<EXPENSES-NET>                                    3018
<NET-INVESTMENT-INCOME>                           5901
<REALIZED-GAINS-CURRENT>                         15176
<APPREC-INCREASE-CURRENT>                       (4589)
<NET-CHANGE-FROM-OPS>                            16488
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (2910)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1462
<NUMBER-OF-SHARES-REDEEMED>                     (2203)
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<ACCUMULATED-NII-PRIOR>                          14106
<ACCUMULATED-GAINS-PRIOR>                     (140552)
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<OVERDIST-NET-GAINS-PRIOR>                           0
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<AVERAGE-NET-ASSETS>                             82833
<PER-SHARE-NAV-BEGIN>                            10.41
<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                            .33
<PER-SHARE-DIVIDEND>                             (.37)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.53
<EXPENSE-RATIO>                                   .010
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000737766
<NAME> DREYFUS CAPITAL VALUE FUND (A PREMIER FUND)
<SERIES>
   <NUMBER> 3
   <NAME> CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-END>                               MAR-31-1996
<INVESTMENTS-AT-COST>                           314919
<INVESTMENTS-AT-VALUE>                          323857
<RECEIVABLES>                                    81929
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<PAID-IN-CAPITAL-COMMON>                        445503
<SHARES-COMMON-STOCK>                              338
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         6163
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<NET-ASSETS>                                      3511
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<EXPENSES-NET>                                    3018
<NET-INVESTMENT-INCOME>                           5901
<REALIZED-GAINS-CURRENT>                         15176
<APPREC-INCREASE-CURRENT>                       (4589)
<NET-CHANGE-FROM-OPS>                            16488
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (29)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            337
<NUMBER-OF-SHARES-REDEEMED>                        (2)
<SHARES-REINVESTED>                                  3
<NET-CHANGE-IN-ASSETS>                         (21717)
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<PER-SHARE-NAV-BEGIN>                            10.41
<PER-SHARE-NII>                                    .42
<PER-SHARE-GAIN-APPREC>                            .06
<PER-SHARE-DIVIDEND>                             (.49)
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.40
<EXPENSE-RATIO>                                   .011
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000737766
<NAME> DREYFUS CAPITAL VALUE FUND (A PREMIER FUND)
<SERIES>
   <NUMBER> 4
   <NAME> CLASS R
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>


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