<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from MP&L's financial statements for the quarter ended March 31, 1995 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000066901 <NAME> MISSISSIPPI POWER & LIGHT COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 963,119 <OTHER-PROPERTY-AND-INVEST> 11,152 <TOTAL-CURRENT-ASSETS> 219,686 <TOTAL-DEFERRED-CHARGES> 397,472 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,591,429 <COMMON> 199,326 <CAPITAL-SURPLUS-PAID-IN> (1,661) <RETAINED-EARNINGS> 231,778 <TOTAL-COMMON-STOCKHOLDERS-EQ> 429,443 <PREFERRED-MANDATORY> 23,770 <PREFERRED> 57,881 <LONG-TERM-DEBT-NET> 475,279 <SHORT-TERM-NOTES> 42,319 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 25,965 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 519 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 536,253 <TOT-CAPITALIZATION-AND-LIAB> 1,591,429 <GROSS-OPERATING-REVENUE> 193,324 <INCOME-TAX-EXPENSE> 3,363 <OTHER-OPERATING-EXPENSES> 167,691 <TOTAL-OPERATING-EXPENSES> 171,054 <OPERATING-INCOME-LOSS> 22,270 <OTHER-INCOME-NET> 297 <INCOME-BEFORE-INTEREST-EXPEN> 22,567 <TOTAL-INTEREST-EXPENSE> 12,793 <NET-INCOME> 9,774 <PREFERRED-STOCK-DIVIDENDS> 1,707 <EARNINGS-AVAILABLE-FOR-COMM> 8,067 <COMMON-STOCK-DIVIDENDS> 8,300 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 51,840 <EPS-PRIMARY> 0 <EPS-DILUTED> 0