<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> 0000066904 <NAME> MISSISSIPPI POWER 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> 957,932 <OTHER-PROPERTY-AND-INVEST> 3,334 <TOTAL-CURRENT-ASSETS> 91,408 <TOTAL-DEFERRED-CHARGES> 64,430 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,117,104 <COMMON> 37,691 <CAPITAL-SURPLUS-PAID-IN> 179,734 <RETAINED-EARNINGS> 143,696 <TOTAL-COMMON-STOCKHOLDERS-EQ> 361,121 <PREFERRED-MANDATORY> 0 <PREFERRED> 74,414 <LONG-TERM-DEBT-NET> 252,112 <SHORT-TERM-NOTES> 22,000 <LONG-TERM-NOTES-PAYABLE> 91,570 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> (58,080) <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 373,967 <TOT-CAPITALIZATION-AND-LIAB> 1,117,104 <GROSS-OPERATING-REVENUE> 109,572 <INCOME-TAX-EXPENSE> 5,433 <OTHER-OPERATING-EXPENSES> 88,410 <TOTAL-OPERATING-EXPENSES> 93,843 <OPERATING-INCOME-LOSS> 15,729 <OTHER-INCOME-NET> 1,131 <INCOME-BEFORE-INTEREST-EXPEN> 16,860 <TOTAL-INTEREST-EXPENSE> 6,366 <NET-INCOME> 10,494 <PREFERRED-STOCK-DIVIDENDS> 1,225 <EARNINGS-AVAILABLE-FOR-COMM> 9,269 <COMMON-STOCK-DIVIDENDS> 9,900 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 12,770 <EPS-PRIMARY> 0 <EPS-DILUTED> 0