ACM GOVERNMENT INCOME FUND INC
NSAR-B, 1997-02-26
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<PAGE>      PAGE  1
000 B000000 12/31/96
000 C000000 0000816754
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 2.2.a
000 J000000 A
001 A000000 ACM GOVERNMENT INCOME FUND, INC.
001 B000000 811-5207
001 C000000 8002215672
002 A000000 1345 AVENUE OF THE AMERICAS
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10105
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008 A000001 ALLIANCE CAPITAL MANAGEMENT L.P.
008 B000001 A
008 C000001 801-7492
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10105
010 A000001 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
010 B000001 801-13219
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10019
011 A000001 PAINEWEBBER , INC.
011 B000001 8-16267
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10019
012 A000001 STATE STREET BANK & TRUST COMPANY
012 B000001 85-505003
012 C010001 BOSTON
<PAGE>      PAGE  2
012 C020001 MA
012 C030001 02110
013 A000001 ERNST & YOUNG LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
014 A000001 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
014 B000001 8-17574
015 A000001 STATE STREET BANK & TRUST COMPANY
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022 B000001 04-1867445
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022 A000002 MERRILL LYNCH, PIERCE FENNER & SMITH
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022 A000003 GREENWICH SECURITIES
022 B000003 13-2697091
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022 A000004 JP MORGAN SECURITIES INC.
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022 A000005 FIRST BOSTON
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<PAGE>      PAGE  3
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<PAGE>      PAGE  9
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SIGNATURE                                                
TITLE                           
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<INVESTMENTS-AT-COST>                        857779313
<INVESTMENTS-AT-VALUE>                       877607994
<RECEIVABLES>                                 38928538
<ASSETS-OTHER>                                 1023106
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               917559638
<PAYABLE-FOR-SECURITIES>                     229262081
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     98124942
<TOTAL-LIABILITIES>                          327387023
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     614878201
<SHARES-COMMON-STOCK>                         57373505
<SHARES-COMMON-PRIOR>                         57093430
<ACCUMULATED-NII-CURRENT>                      1440066
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (47043433)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      20897781
<NET-ASSETS>                                 590172615
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             66058469
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                12006483
<NET-INVESTMENT-INCOME>                       54051986
<REALIZED-GAINS-CURRENT>                      19178729
<APPREC-INCREASE-CURRENT>                     12618010
<NET-CHANGE-FROM-OPS>                         85848725
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     55824405
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                            2623620
<NET-CHANGE-IN-ASSETS>                        32647940
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                   (62490777)
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<OVERDIST-NET-GAINS-PRIOR>                           0
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</TABLE>


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