ROCKWOOD FUND INC
NSAR-A, 1998-06-30
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<PAGE>      PAGE  1
000 A000000 04/30/98
000 C000000 0000767531
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 ROCKWOOD FUND, INC.
001 B000000 811-4534
001 C000000 2127850900
002 A000000 11 HANOVER SQUARE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10005
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
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007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 ROCKWOOD ADVISERS, INC.
008 B000001 A
008 C000001 801-52250
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10005
008 A000002 DELETE
011 A000001 INVESTOR SERVICE CENTER, INC.
011 B000001 8-29751
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10005
012 A000001 DST SYSTEMS, INC.
012 B000001 84-00448
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64105
013 A000001 TAIT, WELLER & BAKER
013 B010001 PHILADELPHIA
<PAGE>      PAGE  2
013 B020001 PA
013 B030001 19102
014 A000001 BULL & BEAR SECURITIES, INC.
014 B000001 8-31732
015 A000001 INVESTORS FIDUCIARY TRUST COMPANY
015 B000001 C
015 C010001 KANSAS CITY
015 C020001 MO
015 C030001 64105
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000    9
019 C000000 BULL&BEARF
020 A000001 CAPITAL INSTITUTIONAL SERVICES
020 B000001 75-1565705
020 C000001      3
020 A000002 LIPPER & CO.
020 B000002 13-3627305
020 C000002      2
020 A000003 BULL & BEAR SECURITIES INC.
020 B000003 13-3207082
020 C000003      1
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        7
022 A000001 UNITED MISSOURI BANK
022 B000001 NONE
022 C000001      2009
022 D000001         0
022 A000002 SHERWOOD SECURITIES CORP.
022 B000002 13-2616318
022 C000002       341
022 D000002       718
022 A000003 HERZOG HEINE GEDULD
022 B000003 13-1955436
022 C000003       331
022 D000003       317
022 A000004 ROBOTTI & CO.
022 B000004 11-2627501
022 C000004         0
022 D000004       214
022 A000005 VECTOR SECURITIES INC.
022 B000005 NONE
022 C000005        82
022 D000005        91
<PAGE>      PAGE  3
022 A000006 RAGEN MACKENZIE
022 B000006 NONE
022 C000006        85
022 D000006        75
022 A000007 GOLDMAN SACHS & CO.
022 B000007 13-5108880
022 C000007        55
022 D000007        54
022 A000008 RAYMOND JAMES & ASSOCIATES
022 B000008 NONE
022 C000008        53
022 D000008        53
022 A000009 EVEREN SECURITIES INC.
022 B000009 NONE
022 C000009        11
022 D000009        81
022 A000010 PIPER JAFFRAY INC.
022 B000010 NONE
022 C000010        62
022 D000010         0
023 C000000       3178
023 D000000       1603
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
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<PAGE>      PAGE  4
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048  000000  0.000
048 A010000   200000
048 A020000 1.000
<PAGE>      PAGE  5
048 B010000   200000
048 B020000 0.950
048 C010000   200000
048 C020000 0.900
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048 D020000 0.850
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048 K020000 0.750
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
073 A010000   0.0000
073 A020000   0.0000
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073 C000000   0.0000
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080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000     3000
081 A000000 Y
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085 A000000 Y
<PAGE>      PAGE  9
085 B000000 N
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SIGNATURE   JOSEPH LEUNG                                 
TITLE       TREASURER           
 


<TABLE> <S> <C>


<ARTICLE>                                            6
<LEGEND>
     This schedule contains summary financial information extracted from 
Rockwood Fund, Inc.  Semi-annual Report and is qualified in its entirety by 
reference to such financial statements.
</LEGEND>
<CIK>                                          0000767531
<NAME>                                         Rockwood Fund, Inc.
<MULTIPLIER>                                   1
<CURRENCY>                                     U.S. Dollar
       
<S>                             <C>
<PERIOD-TYPE>                                  6-MOS
<FISCAL-YEAR-END>                              Oct-31-1998
<PERIOD-START>                                 Nov-1-1997
<PERIOD-END>                                   Apr-30-1998
<EXCHANGE-RATE>                                1.000
<INVESTMENTS-AT-COST>                          1,104,644
<INVESTMENTS-AT-VALUE>                         1,129,543
<RECEIVABLES>                                          0
<ASSETS-OTHER>                                    13,448
<OTHER-ITEMS-ASSETS>                                   0
<TOTAL-ASSETS>                                 1,142,991
<PAYABLE-FOR-SECURITIES>                          13,062
<SENIOR-LONG-TERM-DEBT>                                0
<OTHER-ITEMS-LIABILITIES>                         18,315
<TOTAL-LIABILITIES>                               31,377
<SENIOR-EQUITY>                                        0
<PAID-IN-CAPITAL-COMMON>                         951,101
<SHARES-COMMON-STOCK>                             55,322
<SHARES-COMMON-PRIOR>                             71,061
<ACCUMULATED-NII-CURRENT>                        (18,034)
<OVERDISTRIBUTION-NII>                                 0
<ACCUMULATED-NET-GAINS>                          153,648
<OVERDISTRIBUTION-GAINS>                               0
<ACCUM-APPREC-OR-DEPREC>                          24,899
<NET-ASSETS>                                   1,111,614
<DIVIDEND-INCOME>                                  1,466
<INTEREST-INCOME>                                  1,641  
<OTHER-INCOME>                                         0
<EXPENSES-NET>                                    21,141
<NET-INVESTMENT-INCOME>                          (18,034)
<REALIZED-GAINS-CURRENT>                         153,795
<APPREC-INCREASE-CURRENT>                       (346,960)
<NET-CHANGE-FROM-OPS>                           (211,199)
<EQUALIZATION>                                         0
<DISTRIBUTIONS-OF-INCOME>                              0
<DISTRIBUTIONS-OF-GAINS>                               0
<DISTRIBUTIONS-OTHER>                                  0
<NUMBER-OF-SHARES-SOLD>                            6,641
<NUMBER-OF-SHARES-REDEEMED>                       28,353
<SHARES-REINVESTED>                                5,973
<NET-CHANGE-IN-ASSETS>                          (659,321)
<ACCUMULATED-NII-PRIOR>                                0
<ACCUMULATED-GAINS-PRIOR>                        116,030
<OVERDISTRIB-NII-PRIOR>                                0
<OVERDIST-NET-GAINS-PRIOR>                             0
<GROSS-ADVISORY-FEES>                              6,746
<INTEREST-EXPENSE>                                     0
<GROSS-EXPENSE>                                   49,528
<AVERAGE-NET-ASSETS>                           1,356,744
<PER-SHARE-NAV-BEGIN>                              24.92
<PER-SHARE-NII>                                     (.27)
<PER-SHARE-GAIN-APPREC>                            (2.76)
<PER-SHARE-DIVIDEND>                                0.00
<PER-SHARE-DISTRIBUTIONS>                          (1.80)
<RETURNS-OF-CAPITAL>                                0.00
<PER-SHARE-NAV-END>                                20.09
<EXPENSE-RATIO>                                     3.14
<AVG-DEBT-OUTSTANDING>                            23,601 
<AVG-DEBT-PER-SHARE>                                 .36
        



</TABLE>


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