HIGHLANDER INCOME FUND INC
NSAR-A, 1997-10-30
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<PAGE>      PAGE  1
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<PAGE>      PAGE  9
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SIGNATURE   JIL NYHUS                                    
TITLE       ACCOUNTING ADMIN    
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        19669
<TOTAL-LIABILITIES>                            4017169
<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                          1989467
<SHARES-COMMON-PRIOR>                          1989467
<ACCUMULATED-NII-CURRENT>                        26642
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (126935)
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<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              1258810
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<APPREC-INCREASE-CURRENT>                       226421
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<DISTRIBUTIONS-OF-INCOME>                    (1122059)
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<DISTRIBUTIONS-OTHER>                                0
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</TABLE>


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