WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from MP&L's financial statements for the quarter ended September 30, 1995 and is qualified in its entirety by reference to such financial statements. </LEGEND> <SUBSIDIARY> <NUMBER> 010 <NAME> MISSISSIPPI POWER & LIGHT COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> SEP-30-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 987,817 <OTHER-PROPERTY-AND-INVEST> 11,148 <TOTAL-CURRENT-ASSETS> 321,240 <TOTAL-DEFERRED-CHARGES> 314,050 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,634,255 <COMMON> 199,326 <CAPITAL-SURPLUS-PAID-IN> (218) <RETAINED-EARNINGS> 250,023 <TOTAL-COMMON-STOCKHOLDERS-EQ> 449,131 <PREFERRED-MANDATORY> 16,770 <PREFERRED> 57,881 <LONG-TERM-DEBT-NET> 504,358 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 66,015 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 456 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 539,644 <TOT-CAPITALIZATION-AND-LIAB> 1,634,255 <GROSS-OPERATING-REVENUE> 692,482 <INCOME-TAX-EXPENSE> 30,022 <OTHER-OPERATING-EXPENSES> 565,609 <TOTAL-OPERATING-EXPENSES> 595,631 <OPERATING-INCOME-LOSS> 96,851 <OTHER-INCOME-NET> 1,547 <INCOME-BEFORE-INTEREST-EXPEN> 98,398 <TOTAL-INTEREST-EXPENSE> 38,818 <NET-INCOME> 59,580 <PREFERRED-STOCK-DIVIDENDS> 6,168 <EARNINGS-AVAILABLE-FOR-COMM> 53,412 <COMMON-STOCK-DIVIDENDS> 35,400 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 139,406 <EPS-PRIMARY> 0 <EPS-DILUTED> 0