<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for March 31, 1999, 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-31-1999 <PERIOD-END> Mar-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,024,207 <OTHER-PROPERTY-AND-INVEST> 978 <TOTAL-CURRENT-ASSETS> 116,532 <TOTAL-DEFERRED-CHARGES> 57,941 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,199,658 <COMMON> 37,691 <CAPITAL-SURPLUS-PAID-IN> 179,799 <RETAINED-EARNINGS> 167,134 <TOTAL-COMMON-STOCKHOLDERS-EQ> 384,624 <PREFERRED-MANDATORY> 35,000 <PREFERRED> 31,809 <LONG-TERM-DEBT-NET> 172,773 <SHORT-TERM-NOTES> 61,500 <LONG-TERM-NOTES-PAYABLE> 120,000 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 50,020 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 343,932 <TOT-CAPITALIZATION-AND-LIAB> 1,199,658 <GROSS-OPERATING-REVENUE> 122,435 <INCOME-TAX-EXPENSE> 4,273 <OTHER-OPERATING-EXPENSES> 104,313 <TOTAL-OPERATING-EXPENSES> 108,586 <OPERATING-INCOME-LOSS> 13,849 <OTHER-INCOME-NET> 406 <INCOME-BEFORE-INTEREST-EXPEN> 14,255 <TOTAL-INTEREST-EXPENSE> 6,559 <NET-INCOME> 7,696 <PREFERRED-STOCK-DIVIDENDS> 503 <EARNINGS-AVAILABLE-FOR-COMM> 7,193 <COMMON-STOCK-DIVIDENDS> 13,800 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> (15,204) <EPS-PRIMARY> 0 <EPS-DILUTED> 0