<PAGE> PAGE 1
000 A000000 09/30/96
000 C000000 0000099188
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FPA CAPITAL FUND, INC.
001 B000000 811-1596
001 C000000 3109965429
002 A000000 11400 WEST OLYMPIC BOULEVARD,SUITE 1200
002 B000000 LOS ANGELES
002 C000000 CA
002 D010000 90064
002 D020000 1507
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 FIRST PACIFIC ADVISORS, INC
008 B000001 A
008 C000001 801-39512
008 D010001 LOS ANGELES
008 D020001 CA
008 D030001 90064
008 D040001 1507
011 A000001 FPA FUND DISTRIBUTORS, INC
011 B000001 8-43830
011 C010001 LOS ANGELES
011 C020001 CA
011 C030001 90064
011 C040001 1507
012 A000001 BOSTON FINANCIAL DATA SERVICES, INC
012 B000001 84-00896
012 C010001 BOSTON
012 C020001 MA
012 C030001 02266
<PAGE> PAGE 2
012 C040001 8500
013 A000001 ERNST & YOUNG LLP
013 B010001 LOS ANGELES
013 B020001 CA
013 B030001 90071
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02105
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 4
019 C000000 FIRSTPACAD
020 A000001 JEFFERIES & COMPANY,INC
020 B000001 95-2622900
020 C000001 22
020 A000002 LIPPER ANALYTICAL SECURITIES CORPORATION
020 B000002 13-2792478
020 C000002 12
020 A000003 LEHMAN BROTHERS, INC.
020 B000003 13-2518466
020 C000003 11
020 A000004 MONTGOMERY SECURITIES
020 B000004 94-1701676
020 C000004 10
020 A000005 BEAR STEARNS & CO. INC.
020 B000005 13-3299429
020 C000005 9
020 A000006 RAYMOND JAMES & ASSOCIATES, INC.
020 B000006 59-1237041
020 C000006 6
020 A000007 STANDARD & POOR'S SECURITIES, INC.
020 B000007 13-2671951
020 C000007 5
020 A000008 DONALDSON,LUFKIN, & JENRETTE SECURITIES CORP.
020 B000008 13-2741729
020 C000008 4
020 A000009 CANTOR FITZGERALD & CO
020 B000009 13-3680184
020 C000009 4
020 A000010 MORGAN STANLEY & CO.,INCORPORATED
020 B000010 13-2655998
020 C000010 4
021 000000 112
022 A000001 FORD FINANCIAL SERVICES, INC
022 B000001 38-1612444
022 C000001 570578
022 D000001 1999
022 A000002 GENERAL ELECTRIC CAPITAL SERVICES, INC.
<PAGE> PAGE 3
022 B000002 06-1109503
022 C000002 441842
022 D000002 0
022 A000003 EXXON ASSET MANAGEMENT COMPANY
022 B000003 06-1225787
022 C000003 350105
022 D000003 0
022 A000004 AMERICAN EXPRESS CREDIT CORPORATION
022 B000004 11-1988350
022 C000004 144003
022 D000004 0
022 A000005 AMERICAN GENERAL SECURITIES INCORPORATED
022 B000005 76-0050868
022 C000005 133630
022 D000005 0
022 A000006 STATE STREET BANK & TRUST COMPANY, N.A.
022 B000006 04-1867445
022 C000006 132608
022 D000006 0
022 A000007 MERRILL LYNCH,PIERCE,FENNER & SMITH INC
022 B000007 13-5674085
022 C000007 132250
022 D000007 0
022 A000008 GENERAL MOTORS ACCEPTANCE CORPORATION
022 B000008 38-0572512
022 C000008 113257
022 D000008 0
022 A000009 GOLDMAN,SACHS & COMPANY
022 B000009 13-5108880
022 C000009 105707
022 D000009 2198
022 A000010 DONALDSON,LUFKIN,& JENRETTE SECURITIES CORP
022 B000010 13-2741729
022 C000010 9593
022 D000010 0
023 C000000 2134993
023 D000000 13187
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
<PAGE> PAGE 4
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 11624
028 A020000 0
028 A030000 0
028 A040000 3542
028 B010000 12303
028 B020000 0
028 B030000 0
028 B040000 3470
028 C010000 10090
028 C020000 0
028 C030000 0
028 C040000 3195
028 D010000 8647
028 D020000 9368
028 D030000 0
028 D040000 6486
028 E010000 8079
028 E020000 0
028 E030000 0
028 E040000 3018
028 F010000 8320
028 F020000 0
028 F030000 0
028 F040000 3291
028 G010000 59063
028 G020000 9368
028 G030000 0
028 G040000 23002
028 H000000 8549
029 000000 Y
030 A000000 594
030 B000000 6.50
030 C000000 0.00
031 A000000 26
031 B000000 0
032 000000 568
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 N
042 A000000 0
042 B000000 0
<PAGE> PAGE 5
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 50000
048 A020000 0.750
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 50000
048 K020000 0.650
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 N
054 I000000 N
054 J000000 Y
<PAGE> PAGE 6
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1500
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 N
070 C020000 N
<PAGE> PAGE 7
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 Y
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 30581
071 B000000 45131
071 C000000 360402
071 D000000 9
072 A000000 6
072 B000000 3368
072 C000000 1362
072 D000000 0
072 E000000 0
072 F000000 1722
072 G000000 0
072 H000000 0
072 I000000 89
072 J000000 25
072 K000000 12
072 L000000 12
072 M000000 11
072 N000000 70
072 O000000 1
072 P000000 0
072 Q000000 0
<PAGE> PAGE 8
072 R000000 8
072 S000000 8
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 17
072 X000000 1975
072 Y000000 0
072 Z000000 2755
072AA000000 27994
072BB000000 1572
072CC010000 30369
072CC020000 0
072DD010000 2607
072DD020000 0
072EE000000 8708
073 A010000 0.1700
073 A020000 0.0000
073 B000000 0.5700
073 C000000 0.0000
074 A000000 0
074 B000000 1496
074 C000000 106631
074 D000000 28867
074 E000000 2300
074 F000000 350909
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 1627
074 K000000 0
074 L000000 1585
074 M000000 0
074 N000000 493415
074 O000000 0
074 P000000 304
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 169
074 S000000 0
074 T000000 492942
074 U010000 16026
074 U020000 0
074 V010000 30.76
074 V020000 0.00
074 W000000 0.0000
074 X000000 9554
074 Y000000 0
075 A000000 0
<PAGE> PAGE 9
075 B000000 460327
076 000000 0.00
077 A000000 N
078 000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
084 B000000 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE WILLIAM JACOBS
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000099188
<NAME> FPA CAPITAL FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-START> APR-01-1996
<PERIOD-END> SEP-30-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 320,048,550
<INVESTMENTS-AT-VALUE> 490,203,676
<RECEIVABLES> 3,211,246
<ASSETS-OTHER> 279
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 493,415,201
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 473,173
<TOTAL-LIABILITIES> 473,173
<SENIOR-EQUITY> 160,259
<PAID-IN-CAPITAL-COMMON> 294,671,716
<SHARES-COMMON-STOCK> 16,025,877
<SHARES-COMMON-PRIOR> 14,494,465
<ACCUMULATED-NII-CURRENT> 1,651,988
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 26,302,939
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 170,155,126
<NET-ASSETS> 492,942,028
<DIVIDEND-INCOME> 3,368,011
<INTEREST-INCOME> 1,361,402
<OTHER-INCOME> 0
<EXPENSES-NET> 1,974,707
<NET-INVESTMENT-INCOME> 2,754,706
<REALIZED-GAINS-CURRENT> 26,422,374
<APPREC-INCREASE-CURRENT> 30,368,739
<NET-CHANGE-FROM-OPS> 59,545,819
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,606,738
<DISTRIBUTIONS-OF-GAINS> 8,708,428
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,001,692
<NUMBER-OF-SHARES-REDEEMED> 789,236
<SHARES-REINVESTED> 318,956
<NET-CHANGE-IN-ASSETS> 93,659,761
<ACCUMULATED-NII-PRIOR> 1,504,020
<ACCUMULATED-GAINS-PRIOR> 8,588,993
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,721,596
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,974,707
<AVERAGE-NET-ASSETS> 460,326,829
<PER-SHARE-NAV-BEGIN> 27.55
<PER-SHARE-NII> 0.17
<PER-SHARE-GAIN-APPREC> 3.78
<PER-SHARE-DIVIDEND> 0.17
<PER-SHARE-DISTRIBUTIONS> 0.57
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 30.76
<EXPENSE-RATIO> 0.86
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
