<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for March 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> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 992,248 <OTHER-PROPERTY-AND-INVEST> 3,035 <TOTAL-CURRENT-ASSETS> 104,257 <TOTAL-DEFERRED-CHARGES> 45,691 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,145,231 <COMMON> 37,691 <CAPITAL-SURPLUS-PAID-IN> 179,761 <RETAINED-EARNINGS> 165,527 <TOTAL-COMMON-STOCKHOLDERS-EQ> 382,979 <PREFERRED-MANDATORY> 35,000 <PREFERRED> 74,414 <LONG-TERM-DEBT-NET> 211,455 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 80,000 <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> 326,373 <TOT-CAPITALIZATION-AND-LIAB> 1,145,231 <GROSS-OPERATING-REVENUE> 116,903 <INCOME-TAX-EXPENSE> 6,704 <OTHER-OPERATING-EXPENSES> 93,067 <TOTAL-OPERATING-EXPENSES> 99,771 <OPERATING-INCOME-LOSS> 17,132 <OTHER-INCOME-NET> 470 <INCOME-BEFORE-INTEREST-EXPEN> 17,602 <TOTAL-INTEREST-EXPENSE> 5,732 <NET-INCOME> 11,870 <PREFERRED-STOCK-DIVIDENDS> 1,225 <EARNINGS-AVAILABLE-FOR-COMM> 10,645 <COMMON-STOCK-DIVIDENDS> 11,300 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 932 <EPS-PRIMARY> 0 <EPS-DILUTED> 0