<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for June 30, 1998, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000066904 <NAME> MISSISSIPPI POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,008,838 <OTHER-PROPERTY-AND-INVEST> 649 <TOTAL-CURRENT-ASSETS> 150,149 <TOTAL-DEFERRED-CHARGES> 57,269 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,216,905 <COMMON> 37,691 <CAPITAL-SURPLUS-PAID-IN> 179,715 <RETAINED-EARNINGS> 167,017 <TOTAL-COMMON-STOCKHOLDERS-EQ> 384,423 <PREFERRED-MANDATORY> 35,000 <PREFERRED> 31,809 <LONG-TERM-DEBT-NET> 172,505 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 170,000 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 40,020 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 383,148 <TOT-CAPITALIZATION-AND-LIAB> 1,216,905 <GROSS-OPERATING-REVENUE> 278,768 <INCOME-TAX-EXPENSE> 14,935 <OTHER-OPERATING-EXPENSES> 228,343 <TOTAL-OPERATING-EXPENSES> 243,278 <OPERATING-INCOME-LOSS> 35,490 <OTHER-INCOME-NET> 772 <INCOME-BEFORE-INTEREST-EXPEN> 36,262 <TOTAL-INTEREST-EXPENSE> 13,163 <NET-INCOME> 23,099 <PREFERRED-STOCK-DIVIDENDS> 999 <EARNINGS-AVAILABLE-FOR-COMM> 22,100 <COMMON-STOCK-DIVIDENDS> 25,500 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 34,925 <EPS-PRIMARY> 0 <EPS-DILUTED> 0