<ARTICLE> BD <PERIOD-TYPE> 3-MOS 9-MOS <FISCAL-YEAR-END> SEP-25-1998 SEP-25-1998 <PERIOD-END> JUN-26-1998 JUN-26-1998 <CASH> 131,004,000 131,004,000 <RECEIVABLES> 966,764,000 966,764,000 <SECURITIES-RESALE> 889,567,000 889,567,000 <SECURITIES-BORROWED> 1,276,304,000 1,276,304,000 <INSTRUMENTS-OWNED> 555,299,000 555,299,000 <PP&E> 84,467,000 84,467,000 <TOTAL-ASSETS> 4,005,858,000 4,005,858,000 <SHORT-TERM> 52,000,000 52,000,000 <PAYABLES> 1,930,289,000 1,930,289,000 <REPOS-SOLD> 0 0 <SECURITIES-LOANED> 1,221,666,000 1,221,666,000 <INSTRUMENTS-SOLD> 147,773,000 147,773,000 <LONG-TERM> 20,860,000 20,860,000 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 490,000 490,000 <OTHER-SE> 492,944,000 492,944,000 <TOTAL-LIABILITY-AND-EQUITY> 4,005,858,000 4,005,858,000 <TRADING-REVENUE> 697,000 5,606,000 <INTEREST-DIVIDENDS> 51,693,000 146,489,000 <COMMISSIONS> 162,981,000 465,471,000 <INVESTMENT-BANKING-REVENUES> 22,892,000 82,501,000 <FEE-REVENUE> 30,534,000 77,893,000 <INTEREST-EXPENSE> 33,465,000 94,152,000 <COMPENSATION> 166,288,000 477,941,000 <INCOME-PRETAX> 36,341,000 113,762,000 <INCOME-PRE-EXTRAORDINARY> 36,341,000 113,762,000 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 22,791,000 70,236,000 <EPS-PRIMARY> .47 1.46 <EPS-DILUTED> .46 1.41