SOURCE CAPITAL /DE/ — Director's Dealing 2007

Feb 2, 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: SOURCE CAPITAL INC /DE/ (SOR)
CIK: 0000091847
Period of Report: 2006-12-31

Reporting Person: ATWOOD J RICHARD (Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-15	Common Stock	J	0.2607	$72.1050	Acquired	19.0626	Direct
2006-06-15	Common Stock	J	44.2305	$68.2575	Acquired	63.2931	Direct
2006-09-15	Common Stock	J	47.7706	$64.1250	Acquired	111.0637	Direct
2006-12-15	Common Stock	J	48.8190	$65.4100	Acquired	159.8827	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Preferred Stock	5000	Direct

Footnotes

F1: Shares acquired through the Company's dividend reinvestment plan.