<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for September 30, 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> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 986,218 <OTHER-PROPERTY-AND-INVEST> 3,081 <TOTAL-CURRENT-ASSETS> 94,795 <TOTAL-DEFERRED-CHARGES> 55,096 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,139,190 <COMMON> 37,691 <CAPITAL-SURPLUS-PAID-IN> 179,761 <RETAINED-EARNINGS> 170,437 <TOTAL-COMMON-STOCKHOLDERS-EQ> 387,889 <PREFERRED-MANDATORY> 0 <PREFERRED> 74,414 <LONG-TERM-DEBT-NET> 246,312 <SHORT-TERM-NOTES> 16,500 <LONG-TERM-NOTES-PAYABLE> 30,000 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 35,010 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 349,065 <TOT-CAPITALIZATION-AND-LIAB> 1,139,190 <GROSS-OPERATING-REVENUE> 420,306 <INCOME-TAX-EXPENSE> 27,477 <OTHER-OPERATING-EXPENSES> 329,394 <TOTAL-OPERATING-EXPENSES> 356,871 <OPERATING-INCOME-LOSS> 63,435 <OTHER-INCOME-NET> 2,890 <INCOME-BEFORE-INTEREST-EXPEN> 66,325 <TOTAL-INTEREST-EXPENSE> 17,772 <NET-INCOME> 48,553 <PREFERRED-STOCK-DIVIDENDS> 3,674 <EARNINGS-AVAILABLE-FOR-COMM> 44,879 <COMMON-STOCK-DIVIDENDS> 31,900 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 93,316 <EPS-PRIMARY> 0 <EPS-DILUTED> 0