SAFECO COMMON STOCK TRUST
NSAR-A, 1996-05-29
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<PAGE>      PAGE  1
000 A000000 03/31/96
000 C000000 867579
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 SAFECO COMMON STOCK TRUST
001 B000000 811-6167
001 C000000 2065455176
002 A000000 SAFECO PLAZA, S-1
002 B000000 SEATTLE
002 C000000 WA
002 D010000 98185
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  7
007 C010100  1
007 C020100 SAFECO GROWTH FUND
007 C030100 N
007 C010200  2
007 C020200 SAFECO INCOME FUND
007 C030200 N
007 C010300  3
007 C020300 SAFECO EQUITY FUND
007 C030300 N
007 C010400  4
007 C020400 SAFECO NORTHWEST FUND
007 C030400 N
007 C010500  5
007 C020500 SAFECO INTERNATIONAL STOCK FUND
007 C030500 N
007 C010600  6
007 C020600 SAFECO BALANCED FUND
007 C030600 N
007 C010700  7
007 C020700 SAFECO SMALL COMPANY STOCK FUND
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
011 A00AA01 SAFECO SECURITIES, INC.
011 B00AA01 8-13470
011 C01AA01 SEATTLE
011 C02AA01 WA
011 C03AA01 98185
<PAGE>      PAGE  2
012 A00AA01 SAFECO SERVICES CORP.
012 B00AA01 84-00138
012 C01AA01 SEATTLE
012 C02AA01 WA
012 C03AA01 98185
013 A00AA01 ERNST & YOUNG
013 B01AA01 SEATTLE
013 B02AA01 WA
013 B03AA01 98104
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   31
019 C00AA00 SAFECOFUND
020 A000001 PRUDENTIAL SECURITIES, INC.
020 B000001 22-2347336
020 C000001     86
020 A000002 MONTGOMERY SECURITIES
020 B000002 94-1701676
020 C000002     79
020 A000003 LEHMAN BROTHERS, INC.
020 B000003 13-2518466
020 C000003     79
020 A000004 DEAN WITTER REYNOLDS INC.
020 B000004 94-1671384
020 C000004     69
020 A000005 WERTHEIM SCHRODER & CO., INC.
020 B000005 13-2697272
020 C000005     59
020 A000006 SMITH BARNEY, HARRIS UPHAM & CO., INC.
020 B000006 13-1912900
020 C000006     53
020 A000007 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000007 13-2741729
020 C000007     51
020 A000008 BEAR, STEARNS & CO., INC.
020 B000008 13-3299429
020 C000008     47
020 A000009 GOLDMAN, SACHS & CO.
020 B000009 13-5108880
020 C000009     43
020 A000010 SALOMON BROTHERS, INC.
020 B000010 13-3082694
020 C000010     43
021  000000     1193
022 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000001 13-5674085
022 C000001   3766963
022 D000001      5254
022 A000002 BA SECURITIES, INC.
022 B000002 95-4035346
022 C000002    938212
<PAGE>      PAGE  3
022 D000002         0
022 A000003 SHORT-TERM INVESTMENTS CO. (PRIME PORTFOLIO)
022 B000003 74-1093914
022 C000003    208168
022 D000003    193579
022 A000004 CANTOR FITZGERALD & CO.
022 B000004 13-3680184
022 C000004      1711
022 D000004     10737
022 A000005 JEFFRIES & COMPANY, INC.
022 B000005 95-2622900
022 C000005      2197
022 D000005      9681
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-1936873
022 C000006      8439
022 D000006      2666
022 A000007 WEEDEN & CO. L.P.
022 B000007 13-3364318
022 C000007         0
022 D000007      9177
022 A000008 HERZOG, HEINE, GEDULD, INC.
022 B000008 13-1955436
022 C000008      6127
022 D000008      2337
022 A000009 FIRST BOSTON CORPORATION
022 B000009 13-5659485
022 C000009      3851
022 D000009      3893
022 A000010 ROBINSON-HUMPHREY COMPANY, INC.
022 B000010 58-1472560
022 C000010       609
022 D000010      6462
023 C000000    4995552
023 D000000     283812
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
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031 B00AA00      0
<PAGE>      PAGE  4
032  00AA00      0
033  00AA00      0
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
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042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 Y
054 G00AA00 Y
054 H00AA00 N
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 Y
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
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<PAGE>      PAGE  5
062 C00AA00   0.0
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077 A000000 N
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008 A000101 SAFECO ASSET MANAGEMENT COMPANY
008 B000101 A
008 C000101 801-8254
008 D010101 SEATTLE
<PAGE>      PAGE  6
008 D020101 WA
008 D030101 98185
015 A000101 U.S. BANK OF WASHINGTON, N.A.
015 B000101 C
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015 C020101 WA
015 C030101 98101
015 C040101 0720
015 E010101 X
015 A000102 BANK OF NEW YORK
015 B000102 S
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015 C020102 NY
015 C030102 10015
015 E010102 X
024  000100 N
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<PAGE>      PAGE  7
028 G040100     17743
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045  000100 Y
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066 A000100 Y
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066 D000100 Y
066 E000100 N
066 F000100 N
066 G000100 N
067  000100 N
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069  000100 N
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070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
<PAGE>      PAGE  8
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 Y
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
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<PAGE>      PAGE  9
072 X000100      940
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073 B000100   0.1730
073 C000100   0.0000
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074 K000100        0
074 L000100      864
074 M000100        0
074 N000100   196405
074 O000100     2283
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083 B000100        0
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008 A000201 SAFECO ASSET MANAGEMENT COMPANY
008 B000201 A
<PAGE>      PAGE  10
008 C000201 801-8254
008 D010201 SEATTLE
008 D020201 WA
008 D030201 98185
015 A000201 U.S. BANK OF WASHINGTON, N.A.
015 B000201 C
015 C010201 SEATTLE
015 C020201 WA
015 C030201 98101
015 C040201 0720
015 E010201 X
015 A000202 BANK OF NEW YORK
015 B000202 S
015 C010202 NEW YORK
015 C020202 NY
015 C030202 10015
015 E010202 X
024  000200 N
025 D000201       0
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028 G010200      1620
<PAGE>      PAGE  11
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066 A000200 Y
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066 D000200 N
066 E000200 Y
066 F000200 N
066 G000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
<PAGE>      PAGE  12
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
070 M010200 N
070 M020200 N
070 N010200 N
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070 O010200 Y
070 O020200 N
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
008 A000301 SAFECO ASSET MANAGEMENT COMPANY
008 B000301 A
008 C000301 801-8254
008 D010301 SEATTLE
008 D020301 WA
008 D030301 98185
015 A000301 U.S. BANK OF WASHINGTON, N.A.
015 B000301 C
015 C010301 SEATTLE
015 C020301 WA
015 C030301 98101
015 C040301 0720
015 E010301 X
015 A000302 BANK OF NEW YORK
015 B000302 S
015 C010302 NEW YORK
015 C020302 NY
015 C030302 10015
015 E010302 X
024  000300 Y
025 A000301 SALOMON BROTHERS, INC.
025 B000301 13-3082694
025 C000301 E
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
070 C020300 N
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070 E020300 N
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070 F020300 N
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070 H010300 N
070 H020300 N
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070 I020300 N
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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008 A000401 SAFECO ASSET MANAGEMENT COMPANY
008 B000401 A
008 C000401 801-8254
008 D010401 SEATTLE
008 D020401 WA
008 D030401 98185
015 A000401 U.S. BANK OF WASHINGTON, N.A.
015 B000401 C
015 C010401 SEATTLE
015 C020401 WA
015 C030401 98101
015 C040401 0720
015 E010401 X
015 A000402 BANK OF NEW YORK
015 B000402 S
015 C010402 NEW YORK
015 C020402 NY
015 C030402 10015
015 E010402 X
024  000400 N
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<PAGE>      PAGE  19
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048 I010400        0
048 I020400 0.000
048 J010400        0
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048 K010400   750000
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066 B000400 N
066 C000400 N
066 D000400 Y
066 E000400 N
066 F000400 N
066 G000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
<PAGE>      PAGE  20
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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083 B000400        0
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008 A000501 BANK OF IRELAND ASSET MANAGEMENT (U.S.) LTD.
008 B000501 S
008 C000501 801-29606
008 D010501 GREENWICH
008 D020501 CT
008 D030501 06830
015 A000501 CHASE MANHATTEN BANK, N.A.
015 B000501 C
015 C010501 BROOKLYN
015 C020501 NY
015 C030501 11245
015 E010501 X
024  000500 N
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<PAGE>      PAGE  23
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046  000500 N
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066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 Y
067  000500 N
068 A000500 N
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069  000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
<PAGE>      PAGE  24
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 N
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
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<PAGE>      PAGE  25
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<PAGE>      PAGE  26
083 B000500        0
084 B000500        0
008 A000601 SAFECO ASSET MANAGEMENT COMPANY
008 B000601 A
008 C000601 801-8254
008 D010601 SEATTLE
008 D020601 WA
008 D030601 98185
015 A000601 U.S. BANK OF WASHINGTON, N.A.
015 B000601 C
015 C010601 SEATTLE
015 C020601 WA
015 C030601 98101
015 C040601 0720
015 E010601 X
015 A000602 BANK OF NEW YORK
015 B000602 S
015 C010602 NEW YORK
015 C020602 NY
015 C030602 10015
015 E010602 X
024  000600 N
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<PAGE>      PAGE  27
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048 J010600        0
048 J020600 0.000
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066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 N
066 E000600 Y
066 F000600 N
066 G000600 N
067  000600 Y
068 A000600 N
068 B000600 N
069  000600 N
070 A010600 Y
070 A020600 N
070 B010600 N
070 B020600 N
070 C010600 N
070 C020600 N
<PAGE>      PAGE  28
070 D010600 N
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 N
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 Y
070 L010600 Y
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 N
070 N020600 N
070 O010600 Y
070 O020600 N
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070 Q020600 N
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<PAGE>      PAGE  29
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<PAGE>      PAGE  30
075 B000600     5815
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008 A000701 SAFECO ASSET MANAGEMENT COMPANY
008 B000701 A
008 C000701 801-8254
008 D010701 SEATTLE
008 D020701 WA
008 D030701 98185
015 A000701 U.S. BANK OF WASHINGTON, N.A.
015 B000701 C
015 C010701 SEATTLE
015 C020701 WA
015 C030701 98101
015 C040701 0720
015 E010701 X
015 A000702 BANK OF NEW YORK
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015 C010702 NEW YORK
015 C020702 NY
015 C030702 10015
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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084 B000700        0
SIGNATURE   DAVID F. HILL                                
TITLE       PRESIDENT           
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000867579
<NAME> SAFECO COMMON STOCK TRUST
<SERIES>
   <NUMBER> 3
   <NAME> SAFECO EQUITY FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6 Months
<FISCAL-YEAR-END>                        SEP-30-1996
<PERIOD-START>                           OCT-01-1995
<PERIOD-END>                             MAR-31-1996
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<INVESTMENTS-AT-VALUE>                       642,013
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<SHARES-COMMON-STOCK>                         39,861
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<ACCUMULATED-NII-CURRENT>                          4
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<EQUALIZATION>                                     0
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<NUMBER-OF-SHARES-REDEEMED>                   (9,381)
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<PER-SHARE-DIVIDEND>                           (0.14)
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<AVG-DEBT-OUTSTANDING>                             0
<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000867579
<NAME> SAFECO COMMON STOCK TRUST
<SERIES>
   <NUMBER> 1
   <NAME> SAFECO GROWTH FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6 Months
<FISCAL-YEAR-END>                        SEP-30-1996
<PERIOD-START>                           OCT-01-1995
<PERIOD-END>                             MAR-31-1996
<EXCHANGE-RATE>                                    1
<INVESTMENTS-AT-COST>                        155,796
<INVESTMENTS-AT-VALUE>                       193,839
<RECEIVABLES>                                  2,566
<ASSETS-OTHER>                                     0
<OTHER-ITEMS-ASSETS>                               0
<TOTAL-ASSETS>                               196,405
<PAYABLE-FOR-SECURITIES>                       2,283
<SENIOR-LONG-TERM-DEBT>                            0
<OTHER-ITEMS-LIABILITIES>                        955
<TOTAL-LIABILITIES>                            3,238
<SENIOR-EQUITY>                                    0
<PAID-IN-CAPITAL-COMMON>                     153,497
<SHARES-COMMON-STOCK>                         11,259
<SHARES-COMMON-PRIOR>                         11,150
<ACCUMULATED-NII-CURRENT>                          0
<OVERDISTRIBUTION-NII>                             0
<ACCUMULATED-NET-GAINS>                            0
<OVERDISTRIBUTION-GAINS>                           0
<ACCUM-APPREC-OR-DEPREC>                      38,043
<NET-ASSETS>                                 193,167
<DIVIDEND-INCOME>                                868
<INTEREST-INCOME>                                115
<OTHER-INCOME>                                     0
<EXPENSES-TOTAL>                                 940
<NET-INVESTMENT-INCOME>                           43
<REALIZED-GAINS-CURRENT>                       3,558
<APPREC-INCREASE-CURRENT>                     14,449
<NET-CHANGE-FROM-OPS>                         18,050
<EQUALIZATION>                                     0
<DISTRIBUTIONS-OF-INCOME>                        (45)
<DISTRIBUTIONS-OF-GAINS>                      (1,939)
<DISTRIBUTIONS-OTHER>                              0
<NUMBER-OF-SHARES-SOLD>                       17,739
<NUMBER-OF-SHARES-REDEEMED>                  (17,743)
<SHARES-REINVESTED>                              113
<NET-CHANGE-IN-ASSETS>                        16,684
<ACCUMULATED-NII-PRIOR>                            0
<ACCUMULATED-GAINS-PRIOR>                          0
<OVERDISTRIB-NII-PRIOR>                            0
<OVERDIST-NET-GAINS-PRIOR>                         0
<GROSS-ADVISORY-FEES>                            619
<INTEREST-EXPENSE>                                95
<GROSS-EXPENSE>                                  940
<AVERAGE-NET-ASSETS>                         189,270
<PER-SHARE-NAV-BEGIN>                          15.83
<PER-SHARE-NII>                                 0.00
<PER-SHARE-GAIN-APPREC>                         1.50
<PER-SHARE-DIVIDEND>                            0.00
<PER-SHARE-DISTRIBUTIONS>                      (0.17)
<RETURNS-OF-CAPITAL>                               0
<PER-SHARE-NAV-END>                            17.16
<EXPENSE-RATIO>                                 0.99
<AVG-DEBT-OUTSTANDING>                             0
<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000867579
<NAME> SAFECO COMMON STOCK TRUST
<SERIES>
   <NUMBER> 2
   <NAME> SAFECO INCOME FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6 Months
<FISCAL-YEAR-END>                        SEP-30-1996
<PERIOD-START>                           OCT-01-1995
<PERIOD-END>                             MAR-31-1996
<EXCHANGE-RATE>                                    1
<INVESTMENTS-AT-COST>                        183,888
<INVESTMENTS-AT-VALUE>                       235,512
<RECEIVABLES>                                    955
<ASSETS-OTHER>                                     0
<OTHER-ITEMS-ASSETS>                               0
<TOTAL-ASSETS>                               236,467
<PAYABLE-FOR-SECURITIES>                           0
<SENIOR-LONG-TERM-DEBT>                            0
<OTHER-ITEMS-LIABILITIES>                      1,072
<TOTAL-LIABILITIES>                            1,072
<SENIOR-EQUITY>                                    0
<PAID-IN-CAPITAL-COMMON>                     179,676
<SHARES-COMMON-STOCK>                         11,497
<SHARES-COMMON-PRIOR>                         11,399
<ACCUMULATED-NII-CURRENT>                          0
<OVERDISTRIBUTION-NII>                             0
<ACCUMULATED-NET-GAINS>                        4,095
<OVERDISTRIBUTION-GAINS>                           0
<ACCUM-APPREC-OR-DEPREC>                      51,624
<NET-ASSETS>                                 235,395
<DIVIDEND-INCOME>                              3,771
<INTEREST-INCOME>                              1,265
<OTHER-INCOME>                                     0
<EXPENSES-TOTAL>                                 961
<NET-INVESTMENT-INCOME>                        4,075
<REALIZED-GAINS-CURRENT>                       4,822
<APPREC-INCREASE-CURRENT>                     11,528
<NET-CHANGE-FROM-OPS>                         20,425
<EQUALIZATION>                                     0
<DISTRIBUTIONS-OF-INCOME>                     (4,078)
<DISTRIBUTIONS-OF-GAINS>                        (725)
<DISTRIBUTIONS-OTHER>                              0
<NUMBER-OF-SHARES-SOLD>                        1,620
<NUMBER-OF-SHARES-REDEEMED>                   (1,726)
<SHARES-REINVESTED>                              204
<NET-CHANGE-IN-ASSETS>                        17,525
<ACCUMULATED-NII-PRIOR>                            3
<ACCUMULATED-GAINS-PRIOR>                          0
<OVERDISTRIB-NII-PRIOR>                            0
<OVERDIST-NET-GAINS-PRIOR>                        (2)
<GROSS-ADVISORY-FEES>                            766
<INTEREST-EXPENSE>                                 0
<GROSS-EXPENSE>                                  961
<AVERAGE-NET-ASSETS>                         227,005
<PER-SHARE-NAV-BEGIN>                          19.11
<PER-SHARE-NII>                                 0.36
<PER-SHARE-GAIN-APPREC>                         1.42
<PER-SHARE-DIVIDEND>                           (0.36)
<PER-SHARE-DISTRIBUTIONS>                      (0.06)
<RETURNS-OF-CAPITAL>                               0
<PER-SHARE-NAV-END>                            20.47
<EXPENSE-RATIO>                                 0.85
<AVG-DEBT-OUTSTANDING>                             0
<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000867579
<NAME> SAFECO COMMON STOCK TRUST
<SERIES>
   <NUMBER> 4
   <NAME> SAFECO INTERNATIONAL FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   3 Months
<FISCAL-YEAR-END>                        SEP-30-1996
<PERIOD-START>                           JAN-31-1995
<PERIOD-END>                             MAR-31-1996
<EXCHANGE-RATE>                                    1
<INVESTMENTS-AT-COST>                          6,215
<INVESTMENTS-AT-VALUE>                         6,278
<RECEIVABLES>                                    253
<ASSETS-OTHER>                                     0
<OTHER-ITEMS-ASSETS>                              19
<TOTAL-ASSETS>                                 6,550
<PAYABLE-FOR-SECURITIES>                          42
<SENIOR-LONG-TERM-DEBT>                            0
<OTHER-ITEMS-LIABILITIES>                         47
<TOTAL-LIABILITIES>                               89
<SENIOR-EQUITY>                                    0
<PAID-IN-CAPITAL-COMMON>                       6,423
<SHARES-COMMON-STOCK>                            643
<SHARES-COMMON-PRIOR>                              0
<ACCUMULATED-NII-CURRENT>                         18
<OVERDISTRIBUTION-NII>                             0
<ACCUMULATED-NET-GAINS>                          (37)
<OVERDISTRIBUTION-GAINS>                           0
<ACCUM-APPREC-OR-DEPREC>                          58
<NET-ASSETS>                                   6,461
<DIVIDEND-INCOME>                                 34
<INTEREST-INCOME>                                  9
<OTHER-INCOME>                                     0
<EXPENSES-TOTAL>                                  25
<NET-INVESTMENT-INCOME>                           18
<REALIZED-GAINS-CURRENT>                         (37)
<APPREC-INCREASE-CURRENT>                         57
<NET-CHANGE-FROM-OPS>                             38
<EQUALIZATION>                                     0
<DISTRIBUTIONS-OF-INCOME>                          0
<DISTRIBUTIONS-OF-GAINS>                           0
<DISTRIBUTIONS-OTHER>                              0
<NUMBER-OF-SHARES-SOLD>                          688
<NUMBER-OF-SHARES-REDEEMED>                      (45)
<SHARES-REINVESTED>                                0
<NET-CHANGE-IN-ASSETS>                         6,462
<ACCUMULATED-NII-PRIOR>                            0
<ACCUMULATED-GAINS-PRIOR>                          0
<OVERDISTRIB-NII-PRIOR>                            0
<OVERDIST-NET-GAINS-PRIOR>                         0
<GROSS-ADVISORY-FEES>                             10
<INTEREST-EXPENSE>                                 0
<GROSS-EXPENSE>                                   25
<AVERAGE-NET-ASSETS>                           5,865
<PER-SHARE-NAV-BEGIN>                          10.00
<PER-SHARE-NII>                                 0.03
<PER-SHARE-GAIN-APPREC>                         0.01
<PER-SHARE-DIVIDEND>                            0.00
<PER-SHARE-DISTRIBUTIONS>                       0.00
<RETURNS-OF-CAPITAL>                               0
<PER-SHARE-NAV-END>                            10.04
<EXPENSE-RATIO>                                 2.53
<AVG-DEBT-OUTSTANDING>                             0
<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000867579
<NAME> SAFECO COMMON STOCK TRUST
<SERIES>
   <NUMBER> 4
   <NAME> SAFECO BALANCED FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   3 Months
<FISCAL-YEAR-END>                        SEP-30-1996
<PERIOD-START>                           JAN-31-1995
<PERIOD-END>                             MAR-31-1996
<EXCHANGE-RATE>                                    1
<INVESTMENTS-AT-COST>                          6,279
<INVESTMENTS-AT-VALUE>                         6,326
<RECEIVABLES>                                     78
<ASSETS-OTHER>                                     0
<OTHER-ITEMS-ASSETS>                              19
<TOTAL-ASSETS>                                 6,423
<PAYABLE-FOR-SECURITIES>                          15
<SENIOR-LONG-TERM-DEBT>                            0
<OTHER-ITEMS-LIABILITIES>                         55
<TOTAL-LIABILITIES>                               70
<SENIOR-EQUITY>                                    0
<PAID-IN-CAPITAL-COMMON>                       6,387
<SHARES-COMMON-STOCK>                            637
<SHARES-COMMON-PRIOR>                              0
<ACCUMULATED-NII-CURRENT>                          0
<OVERDISTRIBUTION-NII>                             0
<ACCUMULATED-NET-GAINS>                          (82)
<OVERDISTRIBUTION-GAINS>                           0
<ACCUM-APPREC-OR-DEPREC>                          48
<NET-ASSETS>                                   6,353
<DIVIDEND-INCOME>                                 18
<INTEREST-INCOME>                                 28
<OTHER-INCOME>                                     0
<EXPENSES-TOTAL>                                  16
<NET-INVESTMENT-INCOME>                           30
<REALIZED-GAINS-CURRENT>                         (82)
<APPREC-INCREASE-CURRENT>                         48
<NET-CHANGE-FROM-OPS>                             (4)
<EQUALIZATION>                                     0
<DISTRIBUTIONS-OF-INCOME>                        (30)
<DISTRIBUTIONS-OF-GAINS>                           0
<DISTRIBUTIONS-OTHER>                              0
<NUMBER-OF-SHARES-SOLD>                          638
<NUMBER-OF-SHARES-REDEEMED>                       (1)
<SHARES-REINVESTED>                                0
<NET-CHANGE-IN-ASSETS>                         6,353
<ACCUMULATED-NII-PRIOR>                            0
<ACCUMULATED-GAINS-PRIOR>                          0
<OVERDISTRIB-NII-PRIOR>                            0
<OVERDIST-NET-GAINS-PRIOR>                         0
<GROSS-ADVISORY-FEES>                              7
<INTEREST-EXPENSE>                                 0
<GROSS-EXPENSE>                                    9
<AVERAGE-NET-ASSETS>                           5,815
<PER-SHARE-NAV-BEGIN>                          10.00
<PER-SHARE-NII>                                 0.05
<PER-SHARE-GAIN-APPREC>                        (0.03)
<PER-SHARE-DIVIDEND>                           (0.05)
<PER-SHARE-DISTRIBUTIONS>                       0.00
<RETURNS-OF-CAPITAL>                               0
<PER-SHARE-NAV-END>                             9.97
<EXPENSE-RATIO>                                 1.69
<AVG-DEBT-OUTSTANDING>                             0
<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000867579
<NAME> SAFECO COMMON STOCK TRUST
<SERIES>
   <NUMBER> 4
   <NAME> SAFECO SMALL COMPANY FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   3 Months
<FISCAL-YEAR-END>                        SEP-30-1996
<PERIOD-START>                           JAN-31-1995
<PERIOD-END>                             MAR-31-1996
<EXCHANGE-RATE>                                    1
<INVESTMENTS-AT-COST>                          6,142
<INVESTMENTS-AT-VALUE>                         6,380
<RECEIVABLES>                                     49
<ASSETS-OTHER>                                     0
<OTHER-ITEMS-ASSETS>                              19
<TOTAL-ASSETS>                                 6,448
<PAYABLE-FOR-SECURITIES>                           0
<SENIOR-LONG-TERM-DEBT>                            0
<OTHER-ITEMS-LIABILITIES>                         42
<TOTAL-LIABILITIES>                               42
<SENIOR-EQUITY>                                    0
<PAID-IN-CAPITAL-COMMON>                       6,125
<SHARES-COMMON-STOCK>                            611
<SHARES-COMMON-PRIOR>                              0
<ACCUMULATED-NII-CURRENT>                          8
<OVERDISTRIBUTION-NII>                             0
<ACCUMULATED-NET-GAINS>                           35
<OVERDISTRIBUTION-GAINS>                           0
<ACCUM-APPREC-OR-DEPREC>                         238
<NET-ASSETS>                                   6,406
<DIVIDEND-INCOME>                                  3
<INTEREST-INCOME>                                 22
<OTHER-INCOME>                                     0
<EXPENSES-TOTAL>                                  17
<NET-INVESTMENT-INCOME>                            8
<REALIZED-GAINS-CURRENT>                          35
<APPREC-INCREASE-CURRENT>                        238
<NET-CHANGE-FROM-OPS>                            281
<EQUALIZATION>                                     0
<DISTRIBUTIONS-OF-INCOME>                          0
<DISTRIBUTIONS-OF-GAINS>                           0
<DISTRIBUTIONS-OTHER>                              0
<NUMBER-OF-SHARES-SOLD>                          618
<NUMBER-OF-SHARES-REDEEMED>                       (7)
<SHARES-REINVESTED>                                0
<NET-CHANGE-IN-ASSETS>                         6,406
<ACCUMULATED-NII-PRIOR>                            0
<ACCUMULATED-GAINS-PRIOR>                          0
<OVERDISTRIB-NII-PRIOR>                            0
<OVERDIST-NET-GAINS-PRIOR>                         0
<GROSS-ADVISORY-FEES>                              7
<INTEREST-EXPENSE>                                 0
<GROSS-EXPENSE>                                   10
<AVERAGE-NET-ASSETS>                           5,697
<PER-SHARE-NAV-BEGIN>                          10.00
<PER-SHARE-NII>                                 0.01
<PER-SHARE-GAIN-APPREC>                         0.48
<PER-SHARE-DIVIDEND>                            0.00
<PER-SHARE-DISTRIBUTIONS>                       0.00
<RETURNS-OF-CAPITAL>                               0
<PER-SHARE-NAV-END>                            10.49
<EXPENSE-RATIO>                                 1.82
<AVG-DEBT-OUTSTANDING>                             0
<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000867579
<NAME> SAFECO COMMON STOCK TRUST
<SERIES>
   <NUMBER> 4
   <NAME> SAFECO NORTHWEST FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6 Months
<FISCAL-YEAR-END>                        SEP-30-1996
<PERIOD-START>                           OCT-01-1995
<PERIOD-END>                             MAR-31-1996
<EXCHANGE-RATE>                                    1
<INVESTMENTS-AT-COST>                         34,366
<INVESTMENTS-AT-VALUE>                        43,349
<RECEIVABLES>                                    138
<ASSETS-OTHER>                                     0
<OTHER-ITEMS-ASSETS>                               0
<TOTAL-ASSETS>                                43,487
<PAYABLE-FOR-SECURITIES>                         210
<SENIOR-LONG-TERM-DEBT>                            0
<OTHER-ITEMS-LIABILITIES>                         49
<TOTAL-LIABILITIES>                              259
<SENIOR-EQUITY>                                    0
<PAID-IN-CAPITAL-COMMON>                      30,557
<SHARES-COMMON-STOCK>                          2,869
<SHARES-COMMON-PRIOR>                          2,786
<ACCUMULATED-NII-CURRENT>                          0
<OVERDISTRIBUTION-NII>                            (9)
<ACCUMULATED-NET-GAINS>                        3,698
<OVERDISTRIBUTION-GAINS>                           0
<ACCUM-APPREC-OR-DEPREC>                       8,983
<NET-ASSETS>                                  43,228
<DIVIDEND-INCOME>                                216
<INTEREST-INCOME>                                 33
<OTHER-INCOME>                                     0
<EXPENSES-TOTAL>                                 222
<NET-INVESTMENT-INCOME>                           27
<REALIZED-GAINS-CURRENT>                       4,677
<APPREC-INCREASE-CURRENT>                     (1,806)
<NET-CHANGE-FROM-OPS>                          2,898
<EQUALIZATION>                                     0
<DISTRIBUTIONS-OF-INCOME>                        (37)
<DISTRIBUTIONS-OF-GAINS>                        (979)
<DISTRIBUTIONS-OTHER>                              0
<NUMBER-OF-SHARES-SOLD>                          663
<NUMBER-OF-SHARES-REDEEMED>                     (639)
<SHARES-REINVESTED>                               59
<NET-CHANGE-IN-ASSETS>                         3,088
<ACCUMULATED-NII-PRIOR>                            0
<ACCUMULATED-GAINS-PRIOR>                          0
<OVERDISTRIB-NII-PRIOR>                            0
<OVERDIST-NET-GAINS-PRIOR>                         0
<GROSS-ADVISORY-FEES>                            144
<INTEREST-EXPENSE>                                 0
<GROSS-EXPENSE>                                  222
<AVERAGE-NET-ASSETS>                          40,181
<PER-SHARE-NAV-BEGIN>                          14.41
<PER-SHARE-NII>                                 0.01
<PER-SHARE-GAIN-APPREC>                         1.01
<PER-SHARE-DIVIDEND>                           (0.01)
<PER-SHARE-DISTRIBUTIONS>                      (0.35)
<RETURNS-OF-CAPITAL>                               0
<PER-SHARE-NAV-END>                            15.07
<EXPENSE-RATIO>                                 1.11
<AVG-DEBT-OUTSTANDING>                             0
<AVG-DEBT-PER-SHARE>                            0.00
        


</TABLE>


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