<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for September 30, 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> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 23,758,338 <OTHER-PROPERTY-AND-INVEST> 5,762,707 <TOTAL-CURRENT-ASSETS> 4,011,708 <TOTAL-DEFERRED-CHARGES> 2,418,955 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 35,951,708 <COMMON> 3,441,594 <CAPITAL-SURPLUS-PAID-IN> 2,461,899 <RETAINED-EARNINGS> 4,186,893 <TOTAL-COMMON-STOCKHOLDERS-EQ> 10,090,386 <PREFERRED-MANDATORY> 1,991,220 <PREFERRED> 405,912 <LONG-TERM-DEBT-NET> 5,313,729 <SHORT-TERM-NOTES> 424,109 <LONG-TERM-NOTES-PAYABLE> 5,383,541 <COMMERCIAL-PAPER-OBLIGATIONS> 945,982 <LONG-TERM-DEBT-CURRENT-PORT> 949,929 <PREFERRED-STOCK-CURRENT> 238,002 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 4,736 <OTHER-ITEMS-CAPITAL-AND-LIAB> 10,204,162 <TOT-CAPITALIZATION-AND-LIAB> 35,951,708 <GROSS-OPERATING-REVENUE> 8,883,881 <INCOME-TAX-EXPENSE> 615,693 <OTHER-OPERATING-EXPENSES> 6,578,130 <TOTAL-OPERATING-EXPENSES> 7,193,823 <OPERATING-INCOME-LOSS> 1,690,058 <OTHER-INCOME-NET> 263,391 <INCOME-BEFORE-INTEREST-EXPEN> 1,953,449 <TOTAL-INTEREST-EXPENSE> 905,908 <NET-INCOME> 1,047,541 <PREFERRED-STOCK-DIVIDENDS> 19,037 <EARNINGS-AVAILABLE-FOR-COMM> 1,028,504 <COMMON-STOCK-DIVIDENDS> 699,835 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 2,027,244 <EPS-PRIMARY> 1.48 <EPS-DILUTED> 1.48