<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Everest Futures Fund, L.P. for the third quarter of 1997 and is qualified in its entirety by reference to such 10-Q. </LEGEND> <CIK> 0000837919 <NAME> EVEREST FUTURES FUND, L.P. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1997 <CASH> 34,724,761 <SECURITIES> 0 <RECEIVABLES> 123,722 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 34,848,483 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 34,848,158 <CURRENT-LIABILITIES> 954,325 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 33,894,158 <TOTAL-LIABILITY-AND-EQUITY> 34,848,483 <SALES> 0 <TOTAL-REVENUES> 3,665,134 <CGS> 0 <TOTAL-COSTS> 436,738 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 3,228,396 <INCOME-TAX> 0 <INCOME-CONTINUING> 3,228,396 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,228,396 <EPS-PRIMARY> 229.44 <EPS-DILUTED> 229.44