<ARTICLE>                     5
<LEGEND>
THE FINANCIAL DATA SCHEDULE  CONTAINS SUMMARY  FINANCIAL  INFORMATION  EXTRACTED
FROM THE COMPANY'S QUARTERLY REPORT ON  FORM 10-Q FOR THE PERIOD ENDED SEPTEMBER
30, 1998,  AND IS  QUALIFIED IN  ITS  ENTIRETY BY  REFERENCE TO  SUCH  FINANCIAL
STATEMENTS.
</LEGEND>
<CIK>                                          0000754811
<NAME>                                         U.S. GLOBAL INVESTORS, INC.
<MULTIPLIER>                                   1
<CURRENCY>                                     U.S. DOLLARS
       
                                            
<PERIOD-TYPE>                                  YEAR
<FISCAL-YEAR-END>                              JUN-30-1999
<PERIOD-START>                                 JUL-01-1998
<PERIOD-END>                                   SEP-30-1998
<EXCHANGE-RATE>                                1
<CASH>                                         1650591
<SECURITIES>                                   1211846
<RECEIVABLES>                                  1610985
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               4527629
<PP&E>                                         8043422
<DEPRECIATION>                                 (5465159)
<TOTAL-ASSETS>                                 9841050
<CURRENT-LIABILITIES>                          996805
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       339814
<OTHER-SE>                                     7181755
<TOTAL-LIABILITY-AND-EQUITY>                   9841050
<SALES>                                        2096486
<TOTAL-REVENUES>                               2096486
<CGS>                                          0
<TOTAL-COSTS>                                  2317645
<OTHER-EXPENSES>                               2289437
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             28208
<INCOME-PRETAX>                                (221159)
<INCOME-TAX>                                   (17261)
<INCOME-CONTINUING>                            (332103)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (332103)
<EPS-PRIMARY>                                  (.05)
<EPS-DILUTED>                                  (.05)