WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> BD
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                            $951
<RECEIVABLES>                                  195,157
<SECURITIES-RESALE>                              5,299
<SECURITIES-BORROWED>                          468,786
<INSTRUMENTS-OWNED>                            128,142
<PP&E>                                          12,947
<TOTAL-ASSETS>                                 831,921
<SHORT-TERM>                                    99,702
<PAYABLES>                                      89,337
<REPOS-SOLD>                                       891
<SECURITIES-LOANED>                            547,847
<INSTRUMENTS-SOLD>                               8,440
<LONG-TERM>                                      7,500
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            59
<OTHER-SE>                                      44,489
<TOTAL-LIABILITY-AND-EQUITY>                   831,921
<TRADING-REVENUE>                               63,235
<INTEREST-DIVIDENDS>                            45,474
<COMMISSIONS>                                   52,987
<INVESTMENT-BANKING-REVENUES>                   19,636
<FEE-REVENUE>                                   11,640
<INTEREST-EXPENSE>                              38,615
<COMPENSATION>                                 105,080
<INCOME-PRETAX>                                  2,902
<INCOME-PRE-EXTRAORDINARY>                       1,651
<EXTRAORDINARY>                                    305
<CHANGES>                                            0
<NET-INCOME>                                     1,956
<EPS-PRIMARY>                                     0.34
<EPS-DILUTED>                                     0.31
        

Prior periods restated to conform to Financial Accounting Standards No. 128-
"Earnings per share".
       
                             
[PERIOD-TYPE]                  9-MOS
[FISCAL-YEAR-END]                          DEC-31-1997
[PERIOD-END]                               SEP-26-1997
[CASH]                                        $    321
[RECEIVABLES]                                  207,118
[SECURITIES-RESALE]                              3,504
[SECURITIES-BORROWED]                          587,132
[INSTRUMENTS-OWNED]                            120,462
[PP&E]                                          13,246
[TOTAL-ASSETS]                                 955,158
[SHORT-TERM]                                   203,002
[PAYABLES]                                      60,837                        
[REPOS-SOLD]                                     5,031
[SECURITIES-LOANED]                            606,583
[INSTRUMENTS-SOLD]                               4,112
[LONG-TERM]                                      7,927
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            57
[OTHER-SE]                                      43,578
[TOTAL-LIABILITY-AND-EQUITY]                   955,158
[TRADING-REVENUE]                               47,246
[INTEREST-DIVIDENDS]                            32,748
[COMMISSIONS]                                   38,347
[INVESTMENT-BANKING-REVENUES]                   11,114
[FEE-REVENUE]                                    8,114
[INTEREST-EXPENSE]                              28,112
[COMPENSATION]                                  73,183
[INCOME-PRETAX]                                  1,501
[INCOME-PRE-EXTRAORDINARY]                         862 
[EXTRAORDINARY]                                    305
[CHANGES]                                            0
[NET-INCOME]                                     1,167
[EPS-PRIMARY]                                     0.20
[EPS-DILUTED]                                     0.19   
        


Prior periods restated to conform to Financial Accounting Standards No. 128-
"Earnings per share".
       
                             
[PERIOD-TYPE]                  6-MOS
[FISCAL-YEAR-END]                          DEC-31-1997
[PERIOD-END]                               JUN-27-1997
[CASH]                                        $  1,314
[RECEIVABLES]                                  152,237
[SECURITIES-RESALE]                              3,882
[SECURITIES-BORROWED]                          538,785
[INSTRUMENTS-OWNED]                            185,646
[PP&E]                                          13,608
[TOTAL-ASSETS]                                 924,020
[SHORT-TERM]                                   204,012
[PAYABLES]                                      76,264
[REPOS-SOLD]                                     5,132
[SECURITIES-LOANED]                            559,711
[INSTRUMENTS-SOLD]                               7,286
[LONG-TERM]                                      8,583
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            57
[OTHER-SE]                                      42,767
[TOTAL-LIABILITY-AND-EQUITY]                   924,020
[TRADING-REVENUE]                               31,080
[INTEREST-DIVIDENDS]                            20,942
[COMMISSIONS]                                   23,668
[INVESTMENT-BANKING-REVENUES]                    6,834
[FEE-REVENUE]                                    5,304
[INTEREST-EXPENSE]                              17,940
[COMPENSATION]                                  46,968
[INCOME-PRETAX]                                    350
[INCOME-PRE-EXTRAORDINARY]                         256
[EXTRAORDINARY]                                    305
[CHANGES]                                            0
[NET-INCOME]                                       561
[EPS-PRIMARY]                                     0.10
[EPS-DILUTED]                                     0.09
        


Prior periods restated to conform to Financial Accounting Standards No. 128-
"Earnings per share".
       
                             
[PERIOD-TYPE]                  3-MOS
[FISCAL-YEAR-END]                          DEC-31-1997
[PERIOD-END]                               MAR-27-1997
[CASH]                                        $  4,400
[RECEIVABLES]                                  152,260
[SECURITIES-RESALE]                              6,597
[SECURITIES-BORROWED]                          402,767
[INSTRUMENTS-OWNED]                             85,869
[PP&E]                                          14,397
[TOTAL-ASSETS]                                 684,898
[SHORT-TERM]                                   131,312
[PAYABLES]                                      56,073
[REPOS-SOLD]                                         0
[SECURITIES-LOANED]                            417,069
[INSTRUMENTS-SOLD]                              11,762
[LONG-TERM]                                     16,011
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            54
[OTHER-SE]                                      42,811
[TOTAL-LIABILITY-AND-EQUITY]                   684,898
[TRADING-REVENUE]                               14,566
[INTEREST-DIVIDENDS]                            10,052
[COMMISSIONS]                                   11,581
[INVESTMENT-BANKING-REVENUES]                    3,196
[FEE-REVENUE]                                    2,664
[INTEREST-EXPENSE]                               8,424
[COMPENSATION]                                  22,888
[INCOME-PRETAX]                                     30
[INCOME-PRE-EXTRAORDINARY]                          66
[EXTRAORDINARY]                                    305
[CHANGES]                                            0
[NET-INCOME]                                       371
[EPS-PRIMARY]                                     0.07
[EPS-DILUTED]                                     0.06
        


Prior periods restated to conform to Financial Accounting Standards No. 128-
"Earnings per share".
       
                             
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          DEC-31-1996
[PERIOD-END]                               DEC-31-1996
[CASH]                                        $  4,005
[RECEIVABLES]                                  138,167
[SECURITIES-RESALE]                              2,869
[SECURITIES-BORROWED]                          344,904
[INSTRUMENTS-OWNED]                            162,311
[PP&E]                                          12,584
[TOTAL-ASSETS]                                 675,785
[SHORT-TERM]                                   134,712
[PAYABLES]                                     107,939
[REPOS-SOLD]                                         0
[SECURITIES-LOANED]                            350,577
[INSTRUMENTS-SOLD]                              10,075
[LONG-TERM]                                      6,009
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            54
[OTHER-SE]                                      42,220
[TOTAL-LIABILITY-AND-EQUITY]                   675,785
[TRADING-REVENUE]                               
[INTEREST-DIVIDENDS]                            32,240
[COMMISSIONS]                                   42,711
[INVESTMENT-BANKING-REVENUES]                   19,558
[FEE-REVENUE]                                   10,244
[INTEREST-EXPENSE]                              26,030
[COMPENSATION]                                  95,691
[INCOME-PRETAX]                                  9,092
[INCOME-PRE-EXTRAORDINARY]                       5,500
[EXTRAORDINARY]                                      0
[CHANGES]                                            0
[NET-INCOME]                                     5,500
[EPS-PRIMARY]                                     1.00
[EPS-DILUTED]                                     0.93
        


Prior periods restated to conform to Financial Accounting Standards No. 128-
"Earnings per share".
       
                             
[PERIOD-TYPE]                  9-MOS
[FISCAL-YEAR-END]                          DEC-31-1996
[PERIOD-END]                               SEP-27-1996
[CASH]                                        $ 10,555
[RECEIVABLES]                                  151,558
[SECURITIES-RESALE]                                  0
[SECURITIES-BORROWED]                          525,330
[INSTRUMENTS-OWNED]                             98,836
[PP&E]                                           7,362
[TOTAL-ASSETS]                                 805,142
[SHORT-TERM]                                   101,567
[PAYABLES]                                      81,623
[REPOS-SOLD]                                     2,996
[SECURITIES-LOANED]                            546,753
[INSTRUMENTS-SOLD]                               4,443
[LONG-TERM]                                      9,927
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            51
[OTHER-SE]                                      40,812
[TOTAL-LIABILITY-AND-EQUITY]                   805,142
[TRADING-REVENUE]                               48,148
[INTEREST-DIVIDENDS]                            20,629
[COMMISSIONS]                                   31,804
[INVESTMENT-BANKING-REVENUES]                   12,475
[FEE-REVENUE]                                    7,397
[INTEREST-EXPENSE]                              16,098
[COMPENSATION]                                  70,298
[INCOME-PRETAX]                                  7,041
[INCOME-PRE-EXTRAORDINARY]                       4,271
[EXTRAORDINARY]                                      0
[CHANGES]                                            0
[NET-INCOME]                                     4,271
[EPS-PRIMARY]                                     0.77
[EPS-DILUTED]                                     0.72
        


Prior periods restated to conform to Financial Accounting Standards No. 128-
"Earnings per share".
       
                             
[PERIOD-TYPE]                  9-MOS
[FISCAL-YEAR-END]                          SEP-27-1996
[PERIOD-END]                               JUN-28-1996
[CASH]                                        $  3,362
[RECEIVABLES]                                  132,328
[SECURITIES-RESALE]                                  0
[SECURITIES-BORROWED]                          288,902
[INSTRUMENTS-OWNED]                            128,454
[PP&E]                                           6,997
[TOTAL-ASSETS]                                 571,368
[SHORT-TERM]                                   136,033
[PAYABLES]                                      65,953
[REPOS-SOLD]                                     4,975
[SECURITIES-LOANED]                            298,211
[INSTRUMENTS-SOLD]                               5,758
[LONG-TERM]                                      5,156
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            51
[OTHER-SE]                                      40,117
[TOTAL-LIABILITY-AND-EQUITY]                   571,368
[TRADING-REVENUE]                               46,067
[INTEREST-DIVIDENDS]                            21,317
[COMMISSIONS]                                   31,982
[INVESTMENT-BANKING-REVENUES]                   14,059
[FEE-REVENUE]                                    6,482
[INTEREST-EXPENSE]                              16,758
[COMPENSATION]                                  69,776
[INCOME-PRETAX]                                  7,919
[INCOME-PRE-EXTRAORDINARY]                       4,892
[EXTRAORDINARY]                                      0
[CHANGES]                                            0
[NET-INCOME]                                     4,892
[EPS-PRIMARY]                                     0.89
[EPS-DILUTED]                                     0.82
        


Prior periods restated to conform to Financial Accounting Standards No. 128-
"Earnings per share".
       
                             
[PERIOD-TYPE]                  6-MOS
[FISCAL-YEAR-END]                          SEP-27-1996
[PERIOD-END]                               MAR-29-1996
[CASH]                                        $  2,970
[RECEIVABLES]                                  119,763
[SECURITIES-RESALE]                                  0
[SECURITIES-BORROWED]                          258,469
[INSTRUMENTS-OWNED]                             75,137
[PP&E]                                           7,485
[TOTAL-ASSETS]                                 478,178
[SHORT-TERM]                                    95,587
[PAYABLES]                                      50,105
[REPOS-SOLD]                                         0
[SECURITIES-LOANED]                            266,756
[INSTRUMENTS-SOLD]                               9,874
[LONG-TERM]                                      5,500
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            49
[OTHER-SE]                                      38,713
[TOTAL-LIABILITY-AND-EQUITY]                   478,178
[TRADING-REVENUE]                               28,510
[INTEREST-DIVIDENDS]                            14,577
[COMMISSIONS]                                   20,783
[INVESTMENT-BANKING-REVENUES]                    9,730
[FEE-REVENUE]                                    4,094
[INTEREST-EXPENSE]                              11,585
[COMPENSATION]                                  44,778
[INCOME-PRETAX]                                  5,339
[INCOME-PRE-EXTRAORDINARY]                       3,307
[EXTRAORDINARY]                                      0
[CHANGES]                                            0
[NET-INCOME]                                     3,307
[EPS-PRIMARY]                                     0.60
[EPS-DILUTED]                                     0.56
        


Prior periods restated to conform to Financial Accounting Standards No. 128-
"Earnings per share".
       
                             
[PERIOD-TYPE]                  3-MOS
[FISCAL-YEAR-END]                          DEC-31-1995
[PERIOD-END]                               DEC-31-1995
[CASH]                                        $  6,750
[RECEIVABLES]                                  124,482
[SECURITIES-RESALE]                                  0
[SECURITIES-BORROWED]                          283,785
[INSTRUMENTS-OWNED]                             82,056
[PP&E]                                           6,075
[TOTAL-ASSETS]                                 510,081
[SHORT-TERM]                                   112,292
[PAYABLES]                                      56,555
[REPOS-SOLD]                                         0
[SECURITIES-LOANED]                            283,146
[INSTRUMENTS-SOLD]                               4,407
[LONG-TERM]                                      1,641
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            49
[OTHER-SE]                                      37,509
[TOTAL-LIABILITY-AND-EQUITY]                   510,081
[TRADING-REVENUE]                               12,322
[INTEREST-DIVIDENDS]                             8,138
[COMMISSIONS]                                    9,639
[INVESTMENT-BANKING-REVENUES]                    5,435
[FEE-REVENUE]                                    1,870
[INTEREST-EXPENSE]                               6,631
[COMPENSATION]                                  20,433
[INCOME-PRETAX]                                  2,482
[INCOME-PRE-EXTRAORDINARY]                       1,553
[EXTRAORDINARY]                                      0
[CHANGES]                                            0
[NET-INCOME]                                     1,553
[EPS-PRIMARY]                                     0.28
[EPS-DILUTED]                                     0.26
        


Prior periods restated to conform to Financial Accounting Standards No. 128-
"Earnings per share".
       
                             
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          SEP-29-1995
[PERIOD-END]                               SEP-29-1995
[CASH]                                        $  3,253
[RECEIVABLES]                                   95,464
[SECURITIES-RESALE]                                  0
[SECURITIES-BORROWED]                          376,919
[INSTRUMENTS-OWNED]                             56,025
[PP&E]                                           6,062
[TOTAL-ASSETS]                                 543,255
[SHORT-TERM]                                    53,288
[PAYABLES]                                      45,574
[REPOS-SOLD]                                         0
[SECURITIES-LOANED]                            388,523
[INSTRUMENTS-SOLD]                               3,892
[LONG-TERM]                                      1,791
[PREFERRED-MANDATORY]                                0
[PREFERRED]                                          0
[COMMON]                                            49
[OTHER-SE]                                      36,143
[TOTAL-LIABILITY-AND-EQUITY]                   543,255
[TRADING-REVENUE]                               43,198
[INTEREST-DIVIDENDS]                            26,173
[COMMISSIONS]                                   31,889
[INVESTMENT-BANKING-REVENUES]                   14,625
[FEE-REVENUE]                                    7,214
[INTEREST-EXPENSE]                              19,904
[COMPENSATION]                                  71,064
[INCOME-PRETAX]                                  5,220
[INCOME-PRE-EXTRAORDINARY]                       3,350
[EXTRAORDINARY]                                      0
[CHANGES]                                            0
[NET-INCOME]                                     3,350
[EPS-PRIMARY]                                     0.61
[EPS-DILUTED]                                     0.59