<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Everest
Futures Fund, L.P. for the first quarter of 1999 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-31-1998
<PERIOD-END>                               MAR-31-1999
<CASH>                                      50,762,039
<SECURITIES>                                         0
<RECEIVABLES>                                  189,198
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            50,951,236
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              50,951,236
<CURRENT-LIABILITIES>                        1,658,973
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                  49,292,263
<TOTAL-LIABILITY-AND-EQUITY>                50,951,236
<SALES>                                              0
<TOTAL-REVENUES>                           (3,306,826)
<CGS>                                                0
<TOTAL-COSTS>                                  528,483
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                            (3,835,309)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (3,835,309)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (3,835,309)
<EPS-PRIMARY>                                 (151.17)
<EPS-DILUTED>                                 (151.17)