<ARTICLE>                     5
<LEGEND>
     THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
     CONSOLIDATED BALANCE SHEETS AND THE CONSOLIDATED STATEMENTS OF OPERATIONS
     OF ALTEX INDUSTRIES, INC. FOR THE QUARTER ENDED 03/31/2000, AND IS
     QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                                            
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              SEP-30-2000
<PERIOD-END>                                   MAR-31-2000
<CASH>                                         1,672,000
<SECURITIES>                                   0
<RECEIVABLES>                                  113,000
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               1,787,000
<PP&E>                                         2,215,000
<DEPRECIATION>                                 2,129,000
<TOTAL-ASSETS>                                 1,906,000
<CURRENT-LIABILITIES>                          76,000
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       157,000
<OTHER-SE>                                     1,673,000
<TOTAL-LIABILITY-AND-EQUITY>                   1,906,000
<SALES>                                        196,000
<TOTAL-REVENUES>                               224,000
<CGS>                                          0
<TOTAL-COSTS>                                  188,000
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             0
<INCOME-PRETAX>                                36,000
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            36,000
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   36,000
<EPS-BASIC>                                    0.00
<EPS-DILUTED>                                  0.00