<ARTICLE> 5 <LEGEND> FDS - 2ND QUARTER </LEGEND> <CIK> 0000006207 <NAME> AMREP CORPORATION <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> APR-30-2000 <PERIOD-START> MAY-01-1999 <PERIOD-END> OCT-31-1999 <EXCHANGE-RATE> 1 <CASH> 17,608 <SECURITIES> 0 <RECEIVABLES> 61,459 <ALLOWANCES> 0 <INVENTORY> 70,862 <CURRENT-ASSETS> 0 <PP&E> 32,716 <DEPRECIATION> 14,725 <TOTAL-ASSETS> 185,794 <CURRENT-LIABILITIES> 0 <BONDS> 38,430 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 740 <OTHER-SE> 92,044 <TOTAL-LIABILITY-AND-EQUITY> 185,794 <SALES> 46,945 <TOTAL-REVENUES> 76,348 <CGS> 38,714 <TOTAL-COSTS> 64,713 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,644 <INCOME-PRETAX> 3,258 <INCOME-TAX> 1,303 <INCOME-CONTINUING> 1,955 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,955 <EPS-BASIC> 0.27 <EPS-DILUTED> 0