ACM GOVERNMENT SECURITIES FUND INC
NSAR-A, 1996-08-28
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SIGNATURE   C.WILLIAM MAHER                              
TITLE       FIRST VICE PRESIDENT
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                      954,247,598
<INVESTMENTS-AT-VALUE>                     944,654,428
<RECEIVABLES>                               29,851,718
<ASSETS-OTHER>                               2,286,447
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             976,792,593
<PAYABLE-FOR-SECURITIES>                   165,433,811
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                  113,246,240
<TOTAL-LIABILITIES>                        278,680,051
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   834,776,528
<SHARES-COMMON-STOCK>                       77,850,706
<SHARES-COMMON-PRIOR>                       77,850,706
<ACCUMULATED-NII-CURRENT>                    3,185,223
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                  (132,481,252)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (7,367,957)
<NET-ASSETS>                               698,112,542
<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
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<REALIZED-GAINS-CURRENT>                  (16,845,911)
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
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<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (31,255,842)
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<OVERDISTRIB-NII-PRIOR>                              0
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<PER-SHARE-NAV-BEGIN>                             9.37
<PER-SHARE-NII>                                    .48
<PER-SHARE-GAIN-APPREC>                          (.45)
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</TABLE>


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