<ARTICLE> 5 <CIK> 0000794170 <NAME> TOLL BROTHERS, INC. <PERIOD-TYPE> 		 3-MOS <FISCAL-YEAR-END> OCT-31-2000 <PERIOD-END> JAN-31-2000 <CASH> 35,301 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 1,556,919 <CURRENT-ASSETS> 	 0 <PP&E> 47,962 <DEPRECIATION> 26,941 <TOTAL-ASSETS> 1,730,008 <CURRENT-LIABILITIES> 0 <BONDS> 469,438 <COMMON> 365 <PREFERRED-MANDATORY> 	 0 <PREFERRED> 0 <OTHER-SE> 638,735 <TOTAL-LIABILITY-AND-EQUITY> 1,730,008 <SALES> 343,245 <TOTAL-REVENUES> 344,551 <CGS> 264,833 <TOTAL-COSTS> 300,290 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 8,933 <INCOME-PRETAX> 35,328 <INCOME-TAX> 12,935 <INCOME-CONTINUING> 	22,393 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 22,393 <EPS-BASIC> .61 <EPS-DILUTED> .61