WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> BD <PERIOD-TYPE> 3-MOS 9-MOS <FISCAL-YEAR-END> SEPT-24-1999 SEPT-24-1999 <PERIOD-END> JUN-25-1999 JUN-25-1999 <CASH> 252914000 252914000 <RECEIVABLES> 1522535000 1522535000 <SECURITIES-RESALE> 1005183000 1005183000 <SECURITIES-BORROWED> 1399304000 1399304000 <INSTRUMENTS-OWNED> 546977000 546977000 <PP&E> 89190000 89199000 <TOTAL-ASSETS> 4996521000 4996521000 <SHORT-TERM> 185285000 185285000 <PAYABLES> 2535237000 2535237000 <REPOS-SOLD> 0 0 <SECURITIES-LOANED> 1479628000 1479628000 <INSTRUMENTS-SOLD> 50730000 50730000 <LONG-TERM> 44332000 44332000 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 490000 490000 <OTHER-SE> 541069000 541069000 <TOTAL-LIABILITY-AND-EQUITY> 4996521000 4996521000 <TRADING-REVENUE> 4771000 15263000 <INTEREST-DIVIDENDS> 58104000 162933000 <COMMISSIONS> 203568000 553157000 <INVESTMENT-BANKING-REVENUES> 18971000 46320000 <FEE-REVENUE> 34306000 95928000 <INTEREST-EXPENSE> 37988000 107505000 <COMPENSATION> 201542000 545566000 <INCOME-PRETAX> 37989000 101645000 <INCOME-PRE-EXTRAORDINARY> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 23490000 62838000 <EPS-BASIC> .50 1.32 <EPS-DILUTED> .49 1.30