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SIGNATURE IRVING DAVID
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000797480
[NAME] NATURAL RESOURCES FUND, INC. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1997
[PERIOD-END] APR-30-1997
[INVESTMENTS-AT-COST] 126,616,643
[INVESTMENTS-AT-VALUE] 121,036,783
[RECEIVABLES] 3,384,371
[ASSETS-OTHER] 60,803
[OTHER-ITEMS-ASSETS] 83,397
[TOTAL-ASSETS] 124,565,354
[PAYABLE-FOR-SECURITIES] 6,636
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 275,227
[TOTAL-LIABILITIES] 281,863
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 135,413,396
[SHARES-COMMON-STOCK] 2,226,098
[SHARES-COMMON-PRIOR] 2,201,056
[ACCUMULATED-NII-CURRENT] (909,206)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (4,863,465)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (5,357,234)
[NET-ASSETS] 124,283,491
[DIVIDEND-INCOME] 631,941
[INTEREST-INCOME] 227,143
[OTHER-INCOME] 0
[EXPENSES-NET] 1,328,449
[NET-INVESTMENT-INCOME] (469,365)
[REALIZED-GAINS-CURRENT] 7,435,275
[APPREC-INCREASE-CURRENT] (18,031,801)
[NET-CHANGE-FROM-OPS] (11,065,891)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 783,335
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 5,775,683
[NUMBER-OF-SHARES-REDEEMED] 5,750,641
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] (7,808,022)
[ACCUMULATED-NII-PRIOR] (1,641,446)
[ACCUMULATED-GAINS-PRIOR] (10,929,028)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 513,763
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,328,449
[AVERAGE-NET-ASSETS] 53,191,266
[PER-SHARE-NAV-BEGIN] 22.95
[PER-SHARE-NII] (1.77)
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] (.33)
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 20.85
[EXPENSE-RATIO] 1.56
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000797480
[NAME] NATURAL RESOURCES FUND, INC. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1997
[PERIOD-END] APR-30-1997
[INVESTMENTS-AT-COST] 126,616,643
[INVESTMENTS-AT-VALUE] 121,036,783
[RECEIVABLES] 3,384,371
[ASSETS-OTHER] 60,803
[OTHER-ITEMS-ASSETS] 83,397
[TOTAL-ASSETS] 124,565,354
[PAYABLE-FOR-SECURITIES] 6,636
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 275,227
[TOTAL-LIABILITIES] 281,863
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 135,413,396
[SHARES-COMMON-STOCK] 3,465,802
[SHARES-COMMON-PRIOR] 3,314,188
[ACCUMULATED-NII-CURRENT] (909,206)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (4,863,465)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (5,357,234)
[NET-ASSETS] 124,283,491
[DIVIDEND-INCOME] 631,941
[INTEREST-INCOME] 227,143
[OTHER-INCOME] 0
[EXPENSES-NET] 1,328,449
[NET-INVESTMENT-INCOME] (469,365)
[REALIZED-GAINS-CURRENT] 7,435,275
[APPREC-INCREASE-CURRENT] (18,031,801)
[NET-CHANGE-FROM-OPS] (11,065,891)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 537,301
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,362,359
[NUMBER-OF-SHARES-REDEEMED] 1,210,745
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] (7,808,022)
[ACCUMULATED-NII-PRIOR] (1,641,446)
[ACCUMULATED-GAINS-PRIOR] (10,929,028)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 513,763
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,328,449
[AVERAGE-NET-ASSETS] 77,184,219
[PER-SHARE-NAV-BEGIN] 22.32
[PER-SHARE-NII] (1.81)
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] (.15)
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 20.36
[EXPENSE-RATIO] 2.19
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000797480
[NAME] NATURAL RESOURCES FUND, INC. CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1997
[PERIOD-END] APR-30-1997
[INVESTMENTS-AT-COST] 126,616,643
[INVESTMENTS-AT-VALUE] 121,036,783
[RECEIVABLES] 3,384,371
[ASSETS-OTHER] 60,803
[OTHER-ITEMS-ASSETS] 83,397
[TOTAL-ASSETS] 124,565,354
[PAYABLE-FOR-SECURITIES] 6,636
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 275,227
[TOTAL-LIABILITIES] 281,863
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 135,413,396
[SHARES-COMMON-STOCK] 359,554
[SHARES-COMMON-PRIOR] 340,531
[ACCUMULATED-NII-CURRENT] (909,206)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (4,863,465)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (5,357,234)
[NET-ASSETS] 124,283,491
[DIVIDEND-INCOME] 631,941
[INTEREST-INCOME] 227,143
[OTHER-INCOME] 0
[EXPENSES-NET] 1,328,449
[NET-INVESTMENT-INCOME] (469,365)
[REALIZED-GAINS-CURRENT] 7,435,275
[APPREC-INCREASE-CURRENT] (18,031,801)
[NET-CHANGE-FROM-OPS] (11,065,891)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 56,601
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 133,242
[NUMBER-OF-SHARES-REDEEMED] 114,219
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] (7,808,022)
[ACCUMULATED-NII-PRIOR] (1,641,446)
[ACCUMULATED-GAINS-PRIOR] (10,929,028)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 513,763
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,328,449
[AVERAGE-NET-ASSETS] 8,003,929
[PER-SHARE-NAV-BEGIN] 22.32
[PER-SHARE-NII] (1.80)
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] (.15)
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 20.37
[EXPENSE-RATIO] 2.13
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
