<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for March 31, 1996, 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-31-1995 <PERIOD-END> MAR-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 977,509 <OTHER-PROPERTY-AND-INVEST> 3,403 <TOTAL-CURRENT-ASSETS> 99,283 <TOTAL-DEFERRED-CHARGES> 54,830 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,135,025 <COMMON> 37,691 <CAPITAL-SURPLUS-PAID-IN> 179,761 <RETAINED-EARNINGS> 158,553 <TOTAL-COMMON-STOCKHOLDERS-EQ> 376,005 <PREFERRED-MANDATORY> 0 <PREFERRED> 74,414 <LONG-TERM-DEBT-NET> 288,901 <SHORT-TERM-NOTES> 31,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 37,229 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 327,476 <TOT-CAPITALIZATION-AND-LIAB> 1,135,025 <GROSS-OPERATING-REVENUE> 126,954 <INCOME-TAX-EXPENSE> 7,139 <OTHER-OPERATING-EXPENSES> 101,741 <TOTAL-OPERATING-EXPENSES> 108,880 <OPERATING-INCOME-LOSS> 18,074 <OTHER-INCOME-NET> 1,029 <INCOME-BEFORE-INTEREST-EXPEN> 19,103 <TOTAL-INTEREST-EXPENSE> 6,183 <NET-INCOME> 12,920 <PREFERRED-STOCK-DIVIDENDS> 1,225 <EARNINGS-AVAILABLE-FOR-COMM> 11,695 <COMMON-STOCK-DIVIDENDS> 10,600 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 3,950 <EPS-PRIMARY> 0 <EPS-DILUTED> 0