<PAGE> PAGE 1
000 B000000 05/31/99
000 C000000 0000923084
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 T. ROWE PRICE PERSONAL STRATEGY FUNDS, INC.
001 B000000 811-07173
001 C000000 4103452000
002 A000000 100 EAST PRATT STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 T. ROWE PRICE PERSONAL STRATEGY BALANCED FUND
007 C030100 N
007 C010200 2
007 C020200 T. ROWE PRICE PERSONAL STRATEGY GROWTH FUND
007 C030200 N
007 C010300 3
007 C020300 T. ROWE PRICE PERSONAL STRATEGY INCOME FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 T. ROWE PRICE ASSOCIATES, INC.
008 B00AA01 A
008 C00AA01 801-856
008 D01AA01 BALTIMORE
008 D02AA01 MD
008 D03AA01 21202
011 A00AA01 T. ROWE PRICE INVESTMENT SERVICES, INC.
011 B00AA01 8-25130
011 C01AA01 BALTIMORE
011 C02AA01 MD
011 C03AA01 21202
012 A00AA01 T. ROWE PRICE SERVICES, INC.
012 B00AA01 84-1079
<PAGE> PAGE 2
012 C01AA01 BALTIMORE
012 C02AA01 MD
012 C03AA01 21202
013 A00AA01 PRICEWATERHOUSECOOPERS
013 B01AA01 BALTIMORE
013 B02AA01 MD
013 B03AA01 21202
014 A00AA01 T. ROWE PRICE INVESTMENT SERVICES, INC.
014 B00AA01 8-25130
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 88
019 C00AA00 TROWEPRICE
020 A000001 INVESTMENT TECHNOLOGY
020 B000001 95-4339369
020 C000001 141
020 A000002 MORGAN STANLEY
020 B000002 13-2655998
020 C000002 57
020 A000003 INSTINET
020 B000003 13-3443395
020 C000003 50
020 A000004 GOLDMAN SACHS
020 B000004 13-5108880
020 C000004 40
020 A000005 BEAR STEARNS
020 B000005 13-3299429
020 C000005 18
020 A000006 MERRILL LYNCH
020 B000006 13-5674085
020 C000006 17
020 A000007 DRESDNER KEINWORT BENSON
020 B000007 13-3894311
020 C000007 10
020 A000008 CHEUNREUX DE VIRIEU SA PARIS
020 C000008 10
020 A000009 DONALDSON LUFKIN JENRETTE
020 B000009 13-2741729
020 C000009 6
020 A000010 PAINE WEBBER
020 B000010 13-2638166
020 C000010 6
021 000000 449
022 A000001 PAINEWEBBERTH BARNEY
022 B000001 13-2638166
<PAGE> PAGE 3
022 C000001 112331
022 D000001 10630
022 A000002 SALOMON SMITH BARNEY
022 B000002 11-2418191
022 C000002 58997
022 D000002 35059
022 A000003 MORGAN JP
022 B000003 13-3224016
022 C000003 29300
022 D000003 19934
022 A000004 MERRILL LYNCH
022 B000004 13-5674085
022 C000004 27480
022 D000004 8551
022 A000005 MORGAN STANLEY
022 B000005 13-2655998
022 C000005 22987
022 D000005 12838
022 A000006 LEHMAN BROTHERS
022 B000006 13-2518466
022 C000006 18095
022 D000006 8890
022 A000007 BEAR STEARNS
022 B000007 13-3299429
022 C000007 5529
022 D000007 13454
022 A000008 CHASE SECURITIES
022 B000008 13-3112953
022 C000008 10679
022 D000008 2906
022 A000009 C.S. FIRST BOSTON
022 B000009 13-5659485
022 C000009 7668
022 D000009 4164
022 A000010 DONALDSON LUFKIN JENRETTE
022 B000010 13-2741729
022 C000010 6941
022 D000010 4736
023 C000000 326275
023 D000000 146196
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
<PAGE> PAGE 4
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
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
077 A000000 Y
077 B000000 Y
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 N/A
080 C00AA00 60000
081 A00AA00 Y
081 B00AA00 125
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
024 000100 Y
025 A000101 J.P. MORGAN
025 B000101 13-3224016
025 C000101 E
025 D000101 924
025 A000102 PAINE WEBBER
025 B000102 13-2638166
<PAGE> PAGE 5
025 C000102 D
025 D000102 3395
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 18208
028 A020100 14979
028 A030100 0
028 A040100 8736
028 B010100 90774
028 B020100 0
028 B030100 0
028 B040100 12370
028 C010100 8776
028 C020100 0
028 C030100 0
028 C040100 12074
028 D010100 12840
028 D020100 3713
028 D030100 0
028 D040100 12798
028 E010100 26545
028 E020100 0
028 E030100 0
028 E040100 14292
028 F010100 17753
028 F020100 0
028 F030100 0
028 F040100 9878
028 G010100 174896
028 G020100 18692
028 G030100 0
028 G040100 70148
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.250
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
<PAGE> PAGE 6
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
058 B000100 N
058 C000100 N
058 D000100 N
058 E000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 2500
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
066 A000100 Y
066 G000100 Y
067 000100 Y
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
<PAGE> PAGE 7
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 Y
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 317815
071 B000100 137926
071 C000100 401970
071 D000100 34
072 A000100 12
072 B000100 12616
072 C000100 4372
072 D000100 0
072 E000100 0
072 F000100 2479
072 G000100 0
072 H000100 0
072 I000100 1387
072 J000100 81
072 K000100 16
072 L000100 51
072 M000100 7
<PAGE> PAGE 8
072 N000100 82
072 O000100 0
072 P000100 0
072 Q000100 87
072 R000100 11
072 S000100 1
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 14
072 X000100 4216
072 Y000100 0
072 Z000100 12772
072AA000100 9213
072BB000100 0
072CC010100 14567
072CC020100 0
072DD010100 11763
072DD020100 0
072EE000100 12214
073 A010100 0.4600
073 A020100 0.0000
073 B000100 0.4900
073 C000100 0.0000
074 A000100 67
074 B000100 0
074 C000100 14743
074 D000100 204255
074 E000100 0
074 F000100 314459
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 1630
074 K000100 0
074 L000100 55962
074 M000100 139
074 N000100 591255
074 O000100 8790
074 P000100 139
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 52635
074 S000100 0
074 T000100 529691
074 U010100 32695
074 U020100 0
074 V010100 16.20
074 V020100 0.00
<PAGE> PAGE 9
074 W000100 0.0000
074 X000100 6948
074 Y000100 0
075 A000100 0
075 B000100 423670
076 000100 0.00
024 000200 Y
025 A000201 J.P. MORGAN
025 B000201 13-3224016
025 C000201 E
025 D000201 492
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 26002
028 A020200 6958
028 A030200 0
028 A040200 4689
028 B010200 10679
028 B020200 0
028 B030200 0
028 B040200 5658
028 C010200 8085
028 C020200 1
028 C030200 0
028 C040200 5676
028 D010200 8367
028 D020200 1
028 D030200 0
028 D040200 6750
028 E010200 8976
028 E020200 0
028 E030200 0
028 E040200 8634
028 F010200 6414
028 F020200 0
028 F030200 0
028 F040200 4366
028 G010200 68523
028 G020200 6960
028 G030200 0
028 G040200 35773
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.300
<PAGE> PAGE 10
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
058 A000200 N
058 B000200 N
058 C000200 N
058 D000200 N
058 E000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 2500
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
<PAGE> PAGE 11
062 Q000200 0.0
062 R000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 Y
066 E000200 N
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 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 Y
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 118405
071 B000200 61572
<PAGE> PAGE 12
071 C000200 170449
071 D000200 36
072 A000200 12
072 B000200 3086
072 C000200 2345
072 D000200 0
072 E000200 0
072 F000200 1010
072 G000200 0
072 H000200 0
072 I000200 636
072 J000200 60
072 K000200 13
072 L000200 47
072 M000200 6
072 N000200 43
072 O000200 0
072 P000200 0
072 Q000200 86
072 R000200 10
072 S000200 2
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 13
072 X000200 1926
072 Y000200 0
072 Z000200 3505
072AA000200 3728
072BB000200 0
072CC010200 10458
072CC020200 0
072DD010200 2912
072DD020200 0
072EE000200 4096
073 A010200 0.3200
073 A020200 0.0000
073 B000200 0.4500
073 C000200 0.0000
074 A000200 64
074 B000200 0
074 C000200 34
074 D000200 46004
074 E000200 0
074 F000200 168688
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 679
074 K000200 0
074 L000200 20458
<PAGE> PAGE 13
074 M000200 66
074 N000200 235993
074 O000200 2800
074 P000200 61
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 19501
074 S000200 0
074 T000200 213631
074 U010200 11229
074 U020200 0
074 V010200 19.02
074 V020200 0.00
074 W000200 0.0000
074 X000200 7739
074 Y000200 0
075 A000200 0
075 B000200 175067
076 000200 0.00
024 000300 Y
025 A000301 J.P. MORGAN
025 B000301 13-3224016
025 C000301 E
025 D000301 255
025 A000302 MERRILL LYNCH
025 B000302 1356740856
025 C000302 D
025 D000302 942
025 A000303 PAINE WEBBER
025 B000303 13-2638166
025 C000303 D
025 D000303 1769
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 4832
028 A020300 3589
028 A030300 0
028 A040300 2470
028 B010300 6704
028 B020300 0
028 B030300 0
028 B040300 9661
028 C010300 5625
028 C020300 0
028 C030300 0
028 C040300 6060
<PAGE> PAGE 14
028 D010300 8074
028 D020300 1842
028 D030300 0
028 D040300 9301
028 E010300 5788
028 E020300 0
028 E030300 0
028 E040300 8852
028 F010300 4534
028 F020300 0
028 F030300 0
028 F040300 4877
028 G010300 35557
028 G020300 5431
028 G030300 0
028 G040300 41221
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.150
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
058 B000300 N
058 C000300 N
058 D000300 N
<PAGE> PAGE 15
058 E000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 2500
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 N
066 F000300 Y
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
<PAGE> PAGE 16
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 Y
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 187748
071 B000300 79407
071 C000300 162492
071 D000300 49
072 A000300 12
072 B000300 7899
072 C000300 1362
072 D000300 0
072 E000300 0
072 F000300 897
072 G000300 0
072 H000300 0
072 I000300 538
072 J000300 59
072 K000300 9
072 L000300 28
072 M000300 6
072 N000300 85
072 O000300 0
072 P000300 0
072 Q000300 87
072 R000300 10
072 S000300 2
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 13
072 X000300 1734
072 Y000300 0
072 Z000300 7527
<PAGE> PAGE 17
072AA000300 4794
072BB000300 0
072CC010300 0
072CC020300 1503
072DD010300 6611
072DD020300 0
072EE000300 1572
073 A010300 0.5000
073 A020300 0.0000
073 B000300 0.1000
073 C000300 0.0000
074 A000300 81
074 B000300 0
074 C000300 21253
074 D000300 100574
074 E000300 0
074 F000300 86718
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 784
074 K000300 0
074 L000300 14870
074 M000300 53
074 N000300 224333
074 O000300 2386
074 P000300 56
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 13683
074 S000300 0
074 T000300 208208
074 U010300 15597
074 U020300 0
074 V010300 13.35
074 V020300 0.00
074 W000300 0.0000
074 X000300 3191
074 Y000300 0
075 A000300 0
075 B000300 192635
076 000300 0.00
SIGNATURE JIM RIEPE
TITLE VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923084
<NAME> T. ROWE PRICE PERSONAL STRATEGY BALANCED FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAY-31-1999
<PERIOD-END> MAY-31-1999
<INVESTMENTS-AT-COST> 474184
<INVESTMENTS-AT-VALUE> 533457
<RECEIVABLES> 57592
<ASSETS-OTHER> 139
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 591255
<PAYABLE-FOR-SECURITIES> 8790
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 52774
<TOTAL-LIABILITIES> 61564
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 460674
<SHARES-COMMON-STOCK> 32695
<SHARES-COMMON-PRIOR> 20673
<ACCUMULATED-NII-CURRENT> 2808
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6938
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 59271
<NET-ASSETS> 529691
<DIVIDEND-INCOME> 4372
<INTEREST-INCOME> 12616
<OTHER-INCOME> 0
<EXPENSES-NET> 4216
<NET-INVESTMENT-INCOME> 12772
<REALIZED-GAINS-CURRENT> 9213
<APPREC-INCREASE-CURRENT> 14567
<NET-CHANGE-FROM-OPS> 36552
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (11763)
<DISTRIBUTIONS-OF-GAINS> (12214)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18147
<NUMBER-OF-SHARES-REDEEMED> (7655)
<SHARES-REINVESTED> 1530
<NET-CHANGE-IN-ASSETS> 201335
<ACCUMULATED-NII-PRIOR> 1788
<ACCUMULATED-GAINS-PRIOR> 9939
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2479
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4221
<AVERAGE-NET-ASSETS> 423680
<PER-SHARE-NAV-BEGIN> 15.88
<PER-SHARE-NII> 0.46
<PER-SHARE-GAIN-APPREC> 0.81
<PER-SHARE-DIVIDEND> (0.46)
<PER-SHARE-DISTRIBUTIONS> (0.49)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.2
<EXPENSE-RATIO> 1
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923084
<NAME> T.ROWE PRICE PERSONAL STRATEGY GROWTH FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAY-31-1999
<PERIOD-END> MAY-31-1999
<INVESTMENTS-AT-COST> 183517
<INVESTMENTS-AT-VALUE> 214726
<RECEIVABLES> 21137
<ASSETS-OTHER> 66
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 235993
<PAYABLE-FOR-SECURITIES> 2800
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19562
<TOTAL-LIABILITIES> 22362
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 178273
<SHARES-COMMON-STOCK> 11229
<SHARES-COMMON-PRIOR> 8163
<ACCUMULATED-NII-CURRENT> 1681
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2470
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 31207
<NET-ASSETS> 213631
<DIVIDEND-INCOME> 2345
<INTEREST-INCOME> 3086
<OTHER-INCOME> 0
<EXPENSES-NET> 1926
<NET-INVESTMENT-INCOME> 3505
<REALIZED-GAINS-CURRENT> 3728
<APPREC-INCREASE-CURRENT> 10458
<NET-CHANGE-FROM-OPS> 17691
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2913)
<DISTRIBUTIONS-OF-GAINS> (4096)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5921
<NUMBER-OF-SHARES-REDEEMED> (3253)
<SHARES-REINVESTED> 398
<NET-CHANGE-IN-ASSETS> 66284
<ACCUMULATED-NII-PRIOR> 1079
<ACCUMULATED-GAINS-PRIOR> 2838
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1010
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1927
<AVERAGE-NET-ASSETS> 175067
<PER-SHARE-NAV-BEGIN> 18.05
<PER-SHARE-NII> 0.34
<PER-SHARE-GAIN-APPREC> 1.4
<PER-SHARE-DIVIDEND> (0.32)
<PER-SHARE-DISTRIBUTIONS> (0.45)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.02
<EXPENSE-RATIO> 1.1
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923084
<NAME> T. ROWE PRICE PERSONAL STRATEGY INCOME FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAY-31-1999
<PERIOD-END> MAY-31-1999
<INVESTMENTS-AT-COST> 201718
<INVESTMENTS-AT-VALUE> 208545
<RECEIVABLES> 15654
<ASSETS-OTHER> 53
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 224333
<PAYABLE-FOR-SECURITIES> 2386
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13738
<TOTAL-LIABILITIES> 16124
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 195294
<SHARES-COMMON-STOCK> 15597
<SHARES-COMMON-PRIOR> 6541
<ACCUMULATED-NII-CURRENT> 1510
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4577
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6827
<NET-ASSETS> 208208
<DIVIDEND-INCOME> 1362
<INTEREST-INCOME> 7899
<OTHER-INCOME> 0
<EXPENSES-NET> 1734
<NET-INVESTMENT-INCOME> 7527
<REALIZED-GAINS-CURRENT> 4794
<APPREC-INCREASE-CURRENT> (1503)
<NET-CHANGE-FROM-OPS> 10818
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6611)
<DISTRIBUTIONS-OF-GAINS> (1572)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13292
<NUMBER-OF-SHARES-REDEEMED> (4852)
<SHARES-REINVESTED> 616
<NET-CHANGE-IN-ASSETS> 122310
<ACCUMULATED-NII-PRIOR> 579
<ACCUMULATED-GAINS-PRIOR> 1355
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 897
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1737
<AVERAGE-NET-ASSETS> 192635
<PER-SHARE-NAV-BEGIN> 13.13
<PER-SHARE-NII> 0.51
<PER-SHARE-GAIN-APPREC> 0.31
<PER-SHARE-DIVIDEND> (0.5)
<PER-SHARE-DISTRIBUTIONS> (0.1)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.35
<EXPENSE-RATIO> 0.9
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
