FPA NEW INCOME INC
NSAR-B, 1996-11-29
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<PAGE>      PAGE  1
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001 A000000 FPA NEW INCOME, INC.
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012 A000001 BOSTON FINANCIAL DATA SERVICES, INC
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SIGNATURE   WILLIAM JACOBS                               
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<RESTATED> 
<CIK> 0000099203
<NAME> FPA NEW INCOME INC.
<SERIES>
   <NUMBER> 4
   <NAME> FIRSTPACAD
<MULTIPLIER> 1
<CURRENCY> U.S. CURRENCY
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-START>                              OCT-1-1995
<PERIOD-END>                               SEP-30-1996
<EXCHANGE-RATE>                                      1
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<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                               338,296,927
<DIVIDEND-INCOME>                              319,298
<INTEREST-INCOME>                           18,240,477
<OTHER-INCOME>                                       0
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<REALIZED-GAINS-CURRENT>                     1,950,447
<APPREC-INCREASE-CURRENT>                   (1,156,591)
<NET-CHANGE-FROM-OPS>                       17,701,680
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   14,518,692
<DISTRIBUTIONS-OF-GAINS>                     3,355,550
<DISTRIBUTIONS-OTHER>                                0
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</TABLE>


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