AVALON CAPITAL INC
NSAR-B, EX-27, 2000-10-30
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000942600
<NAME> AVALON CAPITAL, INC.
<MULTIPLIER> 1

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          AUG-31-2000
<PERIOD-END>                               AUG-31-2000
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<TOTAL-LIABILITIES>                              48670
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<PAID-IN-CAPITAL-COMMON>                       7618517
<SHARES-COMMON-STOCK>                           829471
<SHARES-COMMON-PRIOR>                           853102
<ACCUMULATED-NII-CURRENT>                     (554555)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         616116
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<DIVIDEND-INCOME>                               141400
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<NET-INVESTMENT-INCOME>                       (129606)
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<NET-CHANGE-FROM-OPS>                            75171
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                        426602
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           9746
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<SHARES-REINVESTED>                               9785
<NET-CHANGE-IN-ASSETS>                        (321129)
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<PER-SHARE-NAV-BEGIN>                            17.52
<PER-SHARE-NII>                                  (.17)
<PER-SHARE-GAIN-APPREC>                            .36
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .50
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<EXPENSE-RATIO>                                   1.93
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


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