SECTION 906 CERTIFICATION

Pursuant to 18 U.S.C.ss.  1350, the undersigned  officers of Federated Stock and
Bond  Fund,  Inc.  (the  "Registrant"),  hereby  certify,  to  the  best  of our
knowledge,  that the  Registrant's  Report on Form N-CSR for the fiscal  periods
ended October 31, 2003 and November 30, 2003 (the "Report")  fully complies with
the requirements of Section 13(a) or 15(d), as applicable, of the Securities and
Exchange Act of 1934 and that the  information  contained  in the Report  fairly
presents,  in all material  respects,  the  financial  condition  and results of
operations of the Registrant.


Dated: January 7, 2004

/s/ J. Christopher Donahue

Title: President, Principal Executive Officer



Dated: January 7, 2004

/s/ Richard J. Thomas

Title: Treasurer, Principal Financial Officer

This  certification is being furnished solely pursuant to 18 U.S.C.ss.  1350 and
is not being filed as part of the Report or as a separate disclosure document.