<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL
INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS CONTAINED IN THE MOST RECENT QUARTERLY
REPORT ON FORM 10-Q OF
RESERCH FRONTIERS INCORPORATED FOR THE QUARTER
ENDED MARCH 31, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1996
<CASH>                                          560595
<SECURITIES>                                   8289572
<RECEIVABLES>                                    84576
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               8950871
<PP&E>                                           96806
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 9107446
<CURRENT-LIABILITIES>                           112063
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       9882921
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                   9107446
<SALES>                                              0
<TOTAL-REVENUES>                                317637
<CGS>                                                0
<TOTAL-COSTS>                                   841588
<OTHER-EXPENSES>                                203780
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                               (727731)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (727731)
<EPS-PRIMARY>                                   (0.07)
<EPS-DILUTED>                                   (0.07)