PRINCIPAL GOVERNMENT SECURITIES FUND INC
NSAR-A, 1997-08-11
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<PAGE>      PAGE  1
000 A000000 06/30/97
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001 A000000 PRINCIPAL GOVERNMENT SECURITIES FUND, INC.
001 B000000 811-04916
001 C000000 5152475476
002 A000000 THE PRINCIPAL FINANCIAL GROUP
002 B000000 DES MOINES
002 C000000 IA
002 D010000 50392
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022 A000001 FIRST CHICAGO CAPITAL MARKETS
022 B000001 36-359594
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022 A000002 DONALDSON, LUFKIN & JENRETTE (DLJ)
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022 A000003 SALOMON BROTHERS
022 B000003 13-3082694
022 C000003       966
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022 A000004 GOLDMAN SACHS CO.
022 B000004 13-5108880
022 C000004         0
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<PAGE>      PAGE  2
022 A000005 MERRILL LYNCH CAPITAL SERVICES, INC.
022 B000005 13-3227875
022 C000005       973
022 D000005      1571
022 A000006 ASSOCIATES CORPORATION OF NORTH AMERICA
022 B000006 74-1494554
022 C000006      1087
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022 A000007 PAINEWEBBER, INC.
022 B000007 13-2638166
022 C000007       991
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SIGNATURE   A. S. FILEAN                                 
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                       82,856,423
<INVESTMENTS-AT-VALUE>                      83,504,953
<RECEIVABLES>                                  795,967
<ASSETS-OTHER>                                       0
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<TOTAL-ASSETS>                              85,802,375
<PAYABLE-FOR-SECURITIES>                       990,938
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      155,329
<TOTAL-LIABILITIES>                          1,146,267
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    81,740,376
<SHARES-COMMON-STOCK>                        7,955,503
<SHARES-COMMON-PRIOR>                        8,255,462
<ACCUMULATED-NII-CURRENT>                    2,638,842
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (371,640)
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<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (213,960)
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<REALIZED-GAINS-CURRENT>                       245,732
<APPREC-INCREASE-CURRENT>                    (213,709)
<NET-CHANGE-FROM-OPS>                        2,671,261
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (46,141)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        516,773
<NUMBER-OF-SHARES-REDEEMED>                  (821,126)
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<NET-CHANGE-IN-ASSETS>                       (443,750)
<ACCUMULATED-NII-PRIOR>                         45,745
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<EXPENSE-RATIO>                                    .53
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<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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