<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-K
FOR THE YEAR ENDED DECEMBER 31, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<CASH>                                          28,294
<SECURITIES>                                   807,819
<RECEIVABLES>                                  120,033
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               990,537
<PP&E>                                         216,539
<DEPRECIATION>                                 103,091
<TOTAL-ASSETS>                               1,418,358
<CURRENT-LIABILITIES>                          902,577
<BONDS>                                              0
<COMMON>                                           392
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     350,411
<TOTAL-LIABILITY-AND-EQUITY>                 1,418,358
<SALES>                                              0
<TOTAL-REVENUES>                               563,590
<CGS>                                                0
<TOTAL-COSTS>                                  493,136
<OTHER-EXPENSES>                                 1,247
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               6,433
<INCOME-PRETAX>                                 62,774
<INCOME-TAX>                                    25,110
<INCOME-CONTINUING>                             37,664
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    37,664
<EPS-PRIMARY>                                      .95
<EPS-DILUTED>                                      .95