<TABLE> <S> <C>

<ARTICLE>                                         6
<LEGEND>
THIS  SCHEDULE  CONTAINS  SUMMARY  FINANCIAL   INFORMATION  EXTRACTED  FROM  THE
REGISTRANT'S  ANNUAL REPORT AND FORM N-SAR WHICH ARE ON FILE WITH THE SECURITIES
AND  EXCHANGE  COMMISSION  AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
DOCUMENTS.
</LEGEND>
<CIK> 0000808421
<NAME> Composite  Deferred Series,  Inc.
<SERIES>
   <NUMBER>                                       03
   <NAME>                                         Income Portfolio
       
<S>                                                           <C>
<PERIOD-TYPE>                                                 12-MOS
<FISCAL-YEAR-END>                                             DEC-31-1995
<PERIOD-START>                                                JAN-01-1995
<PERIOD-END>                                                  DEC-31-1995
<INVESTMENTS-AT-COST>                                         14,208,679
<INVESTMENTS-AT-VALUE>                                        14,954,492
<RECEIVABLES>                                                    252,259
<ASSETS-OTHER>                                                    70,549
<OTHER-ITEMS-ASSETS>                                                   0
<TOTAL-ASSETS>                                                15,277,300
<PAYABLE-FOR-SECURITIES>                                           59320
<SENIOR-LONG-TERM-DEBT>                                                0
<OTHER-ITEMS-LIABILITIES>                                         12,382
<TOTAL-LIABILITIES>                                               71,702
<SENIOR-EQUITY>                                                        0
<PAID-IN-CAPITAL-COMMON>                                      14,593,213
<SHARES-COMMON-STOCK>                                          1,207,536
<SHARES-COMMON-PRIOR>                                          1,060,063
<ACCUMULATED-NII-CURRENT>                                              0
<OVERDISTRIBUTION-NII>                                                 0
<ACCUMULATED-NET-GAINS>                                         (133,428)
<OVERDISTRIBUTION-GAINS>                                               0
<ACCUM-APPREC-OR-DEPREC>                                         745,813
<NET-ASSETS>                                                  15,205,598
<DIVIDEND-INCOME>                                                      0
<INTEREST-INCOME>                                                953,376
<OTHER-INCOME>                                                         0
<EXPENSES-NET>                                                   (97,041)
<NET-INVESTMENT-INCOME>                                          856,335
<REALIZED-GAINS-CURRENT>                                         (49,342)
<APPREC-INCREASE-CURRENT>                                      1,529,737
<NET-CHANGE-FROM-OPS>                                          2,336,730
<EQUALIZATION>                                                         0
<DISTRIBUTIONS-OF-INCOME>                                       (856,335)
<DISTRIBUTIONS-OF-GAINS>                                               0
<DISTRIBUTIONS-OTHER>                                                  0
<NUMBER-OF-SHARES-SOLD>                                          373,491
<NUMBER-OF-SHARES-REDEEMED>                                     (203,756)
<SHARES-REINVESTED>                                               71,224
<NET-CHANGE-IN-ASSETS>                                         4,363,426
<ACCUMULATED-NII-PRIOR>                                                0
<ACCUMULATED-GAINS-PRIOR>                                        (84,087)
<OVERDISTRIB-NII-PRIOR>                                                0
<OVERDIST-NET-GAINS-PRIOR>                                             0
<GROSS-ADVISORY-FEES>                                             64,637
<INTEREST-EXPENSE>                                                     0
<GROSS-EXPENSE>                                                   97,041
<AVERAGE-NET-ASSETS>                                          13,002,194
<PER-SHARE-NAV-BEGIN>                                              11.22
<PER-SHARE-NII>                                                     0.79
<PER-SHARE-GAIN-APPREC>                                             1.37
<PER-SHARE-DIVIDEND>                                               (0.79)
<PER-SHARE-DISTRIBUTIONS>                                           0.00
<RETURNS-OF-CAPITAL>                                                   0
<PER-SHARE-NAV-END>                                                12.59
<EXPENSE-RATIO>                                                     0.76
<AVG-DEBT-OUTSTANDING>                                                 0
<AVG-DEBT-PER-SHARE>                                                   0
        

</TABLE>