PRICE T ROWE CORPORATE INCOME FUND INC
NSAR-A, 1999-02-01
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<PAGE>      PAGE  1
000 A000000 11/30/98
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001 A000000 T. ROWE PRICE CORPORATE INCOME FUND, INC.
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SIGNATURE   HENRY HOPKINS                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000949820
<NAME> CORPORATE INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1999
<PERIOD-END>                               NOV-30-1998
<INVESTMENTS-AT-COST>                            53890
<INVESTMENTS-AT-VALUE>                           52987
<RECEIVABLES>                                     2457
<ASSETS-OTHER>                                      21
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   55645
<PAYABLE-FOR-SECURITIES>                          1000
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          444
<TOTAL-LIABILITIES>                               1444
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         55472
<SHARES-COMMON-STOCK>                             5491
<SHARES-COMMON-PRIOR>                             4122
<ACCUMULATED-NII-CURRENT>                           28
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         (576)
<ACCUM-APPREC-OR-DEPREC>                         (903)
<NET-ASSETS>                                     54021
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2030
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     199
<NET-INVESTMENT-INCOME>                           1831
<REALIZED-GAINS-CURRENT>                        (1444)
<APPREC-INCREASE-CURRENT>                       (1101)
<NET-CHANGE-FROM-OPS>                            (714)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1831)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           2782
<NUMBER-OF-SHARES-REDEEMED>                     (1533)
<SHARES-REINVESTED>                                120
<NET-CHANGE-IN-ASSETS>                           11192
<ACCUMULATED-NII-PRIOR>                             28
<ACCUMULATED-GAINS-PRIOR>                          868
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               18
<INTEREST-EXPENSE>                                   0
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<AVERAGE-NET-ASSETS>                             49615
<PER-SHARE-NAV-BEGIN>                            10.39
<PER-SHARE-NII>                                   0.37
<PER-SHARE-GAIN-APPREC>                         (0.55)
<PER-SHARE-DIVIDEND>                            (0.37)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.84
<EXPENSE-RATIO>                                   0.80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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