<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for March 31, 1995, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000092122 <NAME> THE SOUTHERN COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 21,156,555 <OTHER-PROPERTY-AND-INVEST> 823,734 <TOTAL-CURRENT-ASSETS> 2,261,629 <TOTAL-DEFERRED-CHARGES> 2,723,034 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 26,964,952 <COMMON> 3,327,337 <CAPITAL-SURPLUS-PAID-IN> 1,847,073 <RETAINED-EARNINGS> 3,193,995 <TOTAL-COMMON-STOCKHOLDERS-EQ> 8,368,405 <PREFERRED-MANDATORY> 100,000 <PREFERRED> 1,332,203 <LONG-TERM-DEBT-NET> 7,332,271 <SHORT-TERM-NOTES> 371,500 <LONG-TERM-NOTES-PAYABLE> 317,419 <COMMERCIAL-PAPER-OBLIGATIONS> 510,350 <LONG-TERM-DEBT-CURRENT-PORT> (552,204) <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 147,863 <LEASES-CURRENT> (2,720) <OTHER-ITEMS-CAPITAL-AND-LIAB> 9,039,865 <TOT-CAPITALIZATION-AND-LIAB> 26,964,952 <GROSS-OPERATING-REVENUE> 1,929,043 <INCOME-TAX-EXPENSE> 151,992 <OTHER-OPERATING-EXPENSES> 1,391,672 <TOTAL-OPERATING-EXPENSES> 1,543,664 <OPERATING-INCOME-LOSS> 385,379 <OTHER-INCOME-NET> 6,004 <INCOME-BEFORE-INTEREST-EXPEN> 391,383 <TOTAL-INTEREST-EXPENSE> 162,591 <NET-INCOME> 228,792 <PREFERRED-STOCK-DIVIDENDS> 22,450 <EARNINGS-AVAILABLE-FOR-COMM> 206,342 <COMMON-STOCK-DIVIDENDS> 201,866 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 495,135 <EPS-PRIMARY> 0.31 <EPS-DILUTED> 0