<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000773485
<NAME> T. ROWE PRICE NEW AMERICA GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 1313229
<INVESTMENTS-AT-VALUE> 1839707
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<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1847764
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2989
<TOTAL-LIABILITIES> 13435
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 996287
<SHARES-COMMON-STOCK> 38720
<SHARES-COMMON-PRIOR> 42937
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (3877)
<ACCUMULATED-NET-GAINS> 315441
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 526478
<NET-ASSETS> 1834329
<DIVIDEND-INCOME> 2627
<INTEREST-INCOME> 2162
<OTHER-INCOME> 0
<EXPENSES-NET> 8674
<NET-INVESTMENT-INCOME> (3877)
<REALIZED-GAINS-CURRENT> 190182
<APPREC-INCREASE-CURRENT> (220489)
<NET-CHANGE-FROM-OPS> (34184)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3499
<NUMBER-OF-SHARES-REDEEMED> (7716)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (229181)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 125259
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6193
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8674
<AVERAGE-NET-ASSETS> 1865216
<PER-SHARE-NAV-BEGIN> 48.06
<PER-SHARE-NII> (0.1)
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<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 47.37
<EXPENSE-RATIO> 0.94
</TABLE>
