<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for December 31, 1997, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000066904 <NAME> MISSISSIPPI POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,000,387 <OTHER-PROPERTY-AND-INVEST> 650 <TOTAL-CURRENT-ASSETS> 104,940 <TOTAL-DEFERRED-CHARGES> 60,852 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,166,829 <COMMON> 37,691 <CAPITAL-SURPLUS-PAID-IN> 179,716 <RETAINED-EARNINGS> 170,417 <TOTAL-COMMON-STOCKHOLDERS-EQ> 387,824 <PREFERRED-MANDATORY> 35,000 <PREFERRED> 31,896 <LONG-TERM-DEBT-NET> 211,665 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 80,000 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 35,020 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 385,424 <TOT-CAPITALIZATION-AND-LIAB> 1,166,829 <GROSS-OPERATING-REVENUE> 543,588 <INCOME-TAX-EXPENSE> 31,968 <OTHER-OPERATING-EXPENSES> 433,664 <TOTAL-OPERATING-EXPENSES> 465,632 <OPERATING-INCOME-LOSS> 77,956 <OTHER-INCOME-NET> 3,813 <INCOME-BEFORE-INTEREST-EXPEN> 81,769 <TOTAL-INTEREST-EXPENSE> 24,472 <NET-INCOME> 57,297 <PREFERRED-STOCK-DIVIDENDS> 3,287 <EARNINGS-AVAILABLE-FOR-COMM> 54,010 <COMMON-STOCK-DIVIDENDS> 49,400 <TOTAL-INTEREST-ON-BONDS> 20,246 <CASH-FLOW-OPERATIONS> 115,257 <EPS-PRIMARY> 0 <EPS-DILUTED> 0