<ARTICLE> 5
<LEGEND>
                    UNION PACIFIC CORPORATION
               FINANCIAL DATA SCHEDULE - EXHIBIT 27
             ($ in millions except per share amounts)
                           (Unaudited)

Schedule contains summary financial information extracted from the 
Statements of Consolidated Income and Consolidated Financial 
Position and is qualified in its entirety by reference to such 
financial statements.

</LEGEND>
<MULTIPLIER>                                 1,000,000
       
                                        
<PERIOD-TYPE>                                    6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                              51
<SECURITIES>                                         0
<RECEIVABLES>                                      495
<ALLOWANCES>                                         0
<INVENTORY>                                        299
<CURRENT-ASSETS>                                 1,156
<PP&E>                                          17,615
<DEPRECIATION>                                   4,441
<TOTAL-ASSETS>                                  17,570
<CURRENT-LIABILITIES>                            2,032
<BONDS>                                          6,173
<COMMON>                                           580
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                       4,770
<TOTAL-LIABILITY-AND-EQUITY>                    17,570
<SALES>                                              0
<TOTAL-REVENUES>                                 3,538
<CGS>                                                0
<TOTAL-COSTS>                                    2,922
<OTHER-EXPENSES>                                    54
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 201
<INCOME-PRETAX>                                    431
<INCOME-TAX>                                       151
<INCOME-CONTINUING>                                280
<DISCONTINUED>                                     135
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       415
<EPS-PRIMARY>                                     2.02
<EPS-DILUTED>                                        0