PRICE T ROWE CORPORATE INCOME FUND INC
NSAR-A, 1997-01-23
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<PAGE>      PAGE  1
000 A000000 11/30/96
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001 A000000 T. ROWE PRICE CORPORATE INCOME FUND, INC.
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008 A000001 T. ROWE PRICE ASSOCIATES, INC.
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018  000000 Y
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019 C000000 TROWEPRICE
020 A000001 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000001 13-2741729
020 C000001      3
020 A000002 BEAR STEARNS & CO. INC.
020 B000002 13-3299429
020 C000002      3
020 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000003 13-5674085
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<PAGE>      PAGE  2
020 A000004 NATIONSBANK
020 B000004 56-1684171
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020 A000005 NOMURA SECURITES INTERNATIONAL INC.
020 B000005 13-2642206
020 C000005      2
020 A000006 SCHRODER WERTHEIM INVESTMENTS
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020 A000007 MORGAN STANLEY & CO. INC.
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020 C000008      1
020 C000009      0
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022 A000001 DEUTSCHE BANK SECURITIES CORP
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022 C000001     13060
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022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002     12382
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022 A000003 MORGAN (JP) SECURITIES INC.
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022 A000006 BANKERS TRUST COMPANY
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022 A000007 CS FIRST BOSTON CORP
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022 A000008 SMITH BARNEY INC.
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022 C000008      1639
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022 A000009 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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022 B000009 13-5674085
022 C000009      1655
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022 A000010 CITICORP SECURITIES INC.
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SIGNATURE   HENRY HOPKINS                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000949820
<NAME> T. ROWE PRICE CORPORATE INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1997
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                            15068
<INVESTMENTS-AT-VALUE>                           15312
<RECEIVABLES>                                      371
<ASSETS-OTHER>                                      63
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   15746
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          169
<TOTAL-LIABILITIES>                                169
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         15424
<SHARES-COMMON-STOCK>                             1544
<SHARES-COMMON-PRIOR>                             1301
<ACCUMULATED-NII-CURRENT>                            8
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                            99
<ACCUM-APPREC-OR-DEPREC>                           244
<NET-ASSETS>                                     15577
<DIVIDEND-INCOME>                                    6
<INTEREST-INCOME>                                  563
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                      55
<NET-INVESTMENT-INCOME>                            514
<REALIZED-GAINS-CURRENT>                          (72)
<APPREC-INCREASE-CURRENT>                          811
<NET-CHANGE-FROM-OPS>                             1253
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          514
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            542
<NUMBER-OF-SHARES-REDEEMED>                        338
<SHARES-REINVESTED>                                 39
<NET-CHANGE-IN-ASSETS>                            3116
<ACCUMULATED-NII-PRIOR>                              8
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                          27
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     55
<AVERAGE-NET-ASSETS>                             13698
<PER-SHARE-NAV-BEGIN>                             9.58
<PER-SHARE-NII>                                    .36
<PER-SHARE-GAIN-APPREC>                            .51
<PER-SHARE-DIVIDEND>                               .36
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.09
<EXPENSE-RATIO>                                     .8
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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