<ARTICLE> BD
<LEGEND> EXHIBIT 27 - Financial Data Schedule for the third quarterly period 
ended September 30, 1997 required pursuant to Item 601(c) of Regulation S-K 
and Regulation S-B and Rule 401 of Regulation S-T.
</LEGEND>
<CIK> 0000791963
<NAME> FAHNESTOCK VINER HOLDINGS INC.
<MULTIPLIER> 1
<CURRENCY> 1
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> SEP-30-1997
<EXCHANGE-RATE> 1
<CASH> 42,977,000
<RECEIVABLES> 409,631,000
<SECURITIES-RESALE> 4,315,000
<SECURITIES-BORROWED> 326,466,000
<INSTRUMENTS-OWNED> 55,650,000
<PP&E> 5,320,000
<TOTAL-ASSETS> 880,523,000
<SHORT-TERM> 22,680,000
<PAYABLES> 217,544,000
<REPOS-SOLD> 0
<SECURITIES-LOANED> 433,265,000
<INSTRUMENTS-SOLD> 52,807,000
<LONG-TERM> 30,000
<COMMON> 41,398,000
<PREFERRED-MANDATORY> 0
<PREFERRED> 0
<OTHER-SE> 113,299,000
<TOTAL-LIABILITY-AND-EQUITY> 880,523,000
<TRADING-REVENUE> 46,582,000
<INTEREST-DIVIDENDS> 27,660,000
<COMMISSIONS> 72,418,000
<INVESTMENT-BANKING-REVENUES> 5,822,000
<FEE-REVENUE> 10,554,000
<INTEREST-EXPENSE> 13,204,000
<COMPENSATION> 84,195,000
<INCOME-PRETAX> 33,514,000
<INCOME-PRE-EXTRAORDINARY> 33,514,000
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 18,992,000
<EPS-PRIMARY> 1.50
<EPS-DILUTED> 1.44