<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for March 31, 1998, 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-31-1997 <PERIOD-END> MAR-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 23,698,961 <OTHER-PROPERTY-AND-INVEST> 5,775,256 <TOTAL-CURRENT-ASSETS> 3,139,435 <TOTAL-DEFERRED-CHARGES> 2,409,587 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 35,023,239 <COMMON> 3,484,735 <CAPITAL-SURPLUS-PAID-IN> 2,400,654 <RETAINED-EARNINGS> 3,858,263 <TOTAL-COMMON-STOCKHOLDERS-EQ> 9,743,652 <PREFERRED-MANDATORY> 1,789,980 <PREFERRED> 452,575 <LONG-TERM-DEBT-NET> 6,172,722 <SHORT-TERM-NOTES> 652,477 <LONG-TERM-NOTES-PAYABLE> 4,113,789 <COMMERCIAL-PAPER-OBLIGATIONS> 1,292,762 <LONG-TERM-DEBT-CURRENT-PORT> 889,538 <PREFERRED-STOCK-CURRENT> 40,684 <CAPITAL-LEASE-OBLIGATIONS> 133,247 <LEASES-CURRENT> 4,470 <OTHER-ITEMS-CAPITAL-AND-LIAB> 9,737,343 <TOT-CAPITALIZATION-AND-LIAB> 35,023,239 <GROSS-OPERATING-REVENUE> 2,513,715 <INCOME-TAX-EXPENSE> 142,113 <OTHER-OPERATING-EXPENSES> 1,923,452 <TOTAL-OPERATING-EXPENSES> 2,065,565 <OPERATING-INCOME-LOSS> 448,150 <OTHER-INCOME-NET> 81,120 <INCOME-BEFORE-INTEREST-EXPEN> 529,270 <TOTAL-INTEREST-EXPENSE> 280,928 <NET-INCOME> 248,342 <PREFERRED-STOCK-DIVIDENDS> 6,640 <EARNINGS-AVAILABLE-FOR-COMM> 241,702 <COMMON-STOCK-DIVIDENDS> 232,449 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 563,866 <EPS-PRIMARY> 0.35 <EPS-DILUTED> 0.35