FPA PARAMOUNT FUND INC
NSAR-A, 2000-05-23
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<PAGE>      PAGE  1
000 A000000 03/31/2000
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001 A000000 FPA PARAMOUNT FUND, INC
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<PAGE>      PAGE  2
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008 A000001 FIRST PACIFIC ADVISORS, INC
008 B000001 A
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008 D020001 CA
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011 C010001 LOS ANGELES
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012 A000001 BOSTON FINANCIAL DATA SERVICES, INC
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013 A000001 ERNST & YOUNG LLP
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020 A000001 JEFFRIES & COMPANY, INC.
020 B000001 95-2622900
020 C000001     89
020 A000002 GRUNTAL & CO.
020 B000002 13-3179859
020 C000002     58
020 A000003 CAPITAL INSTITUTIONAL SERVICES, INC.
020 B000003 75-1565705
020 C000003     37
020 A000004 CANTOR FITZGERALD & CO.
020 B000004 13-3680184
020 C000004     24
020 A000005 LIPPER ANALYTICAL SECURITIES CORP.
020 B000005 13-2792478
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020 A000006 BRADFORD, (J.C ) & CO.
<PAGE>      PAGE  3
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020 A000007 BALDWIN, ANTHONY & MCINTYRE & BOLES DALLAS TX
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020 A000008 SALOMON SMITH BARNEY INC.
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020 A000009 DOWNSTATE SECURITIES GROUP, INC.
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020 A000010 DONALD & CO. SECURITIES INC.
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022 A000007 JEFFRIES & COMPANY, INC.
022 B000007 95-2622900
022 C000007         0
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022 A000008 KNIGHT SECURITIES, INC.
022 B000008 22-3660471
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SIGNATURE   J. RICHARD ATWOOD
TITLE       TREASURER



<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-2000
<PERIOD-END>                               MAR-31-2000
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<INVESTMENTS-AT-VALUE>                     105,827,720
<RECEIVABLES>                                       41
<ASSETS-OTHER>                                     540
<OTHER-ITEMS-ASSETS>                                 0
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<TOTAL-LIABILITIES>                            710,852
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   280,168,112
<SHARES-COMMON-STOCK>                       13,195,606
<SHARES-COMMON-PRIOR>                       18,095,905
<ACCUMULATED-NII-CURRENT>                     (39,456)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                  (128,718,184)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (46,293,022)
<NET-ASSETS>                               105,117,450
<DIVIDEND-INCOME>                              460,386
<INTEREST-INCOME>                              429,710
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 825,719
<NET-INVESTMENT-INCOME>                         64,377
<REALIZED-GAINS-CURRENT>                  (21,992,668)
<APPREC-INCREASE-CURRENT>                    (551,584)
<NET-CHANGE-FROM-OPS>                     (22,479,875)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      492,741
<DISTRIBUTIONS-OF-GAINS>                             0
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<EXPENSE-RATIO>                                   1.19


</TABLE>


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