<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SOUTHWEST
GAS CORPORATION'S 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>                                          35,262<F1>
<INT-BEARING-DEPOSITS>                          77,657<F1>
<FED-FUNDS-SOLD>                                11,003<F1>
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    529,400<F1>
<INVESTMENTS-CARRYING>                         101,880<F1>
<INVESTMENTS-MARKET>                            99,403<F1>
<LOANS>                                        955,810<F1>
<ALLOWANCE>                                     17,659<F1>
<TOTAL-ASSETS>                               3,089,993<F2><F3>
<DEPOSITS>                                   1,239,949<F1>
<SHORT-TERM>                                   281,935<F1>
<LIABILITIES-OTHER>                            342,222<F4>
<LONG-TERM>                                    790,798<F2>
<COMMON>                                        22,912<F2>
<PREFERRED-MANDATORY>                            4,000<F2>
<PREFERRED>                                          0
<OTHER-SE>                                     316,177<F2>
<TOTAL-LIABILITIES-AND-EQUITY>               3,089,993<F2>
<INTEREST-LOAN>                                 76,080<F1>
<INTEREST-INVEST>                               39,084<F1>
<INTEREST-OTHER>                                 3,270<F1>
<INTEREST-TOTAL>                               118,434<F1>
<INTEREST-DEPOSIT>                              44,116<F1>
<INTEREST-EXPENSE>                              59,790<F1>
<INTEREST-INCOME-NET>                           58,644<F1>
<LOAN-LOSSES>                                    7,230<F1>
<SECURITIES-GAINS>                                  34<F1>
<EXPENSE-OTHER>                                 47,981<F5>
<INCOME-PRETAX>                                 44,023<F2>
<INCOME-PRE-EXTRAORDINARY>                      26,301<F2>
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    26,301<F2>
<EPS-PRIMARY>                                     1.22<F2>
<EPS-DILUTED>                                     1.22<F2>
<YIELD-ACTUAL>                                    3.69<F1>
<LOANS-NON>                                     12,693<F1>
<LOANS-PAST>                                         0<F1>
<LOANS-TROUBLED>                                16,768<F1>
<LOANS-PROBLEM>                                 32,200<F1>
<ALLOWANCE-OPEN>                                16,251<F1>
<CHARGE-OFFS>                                    8,422<F1>
<RECOVERIES>                                     2,600<F1>
<ALLOWANCE-CLOSE>                               17,659<F1>
<ALLOWANCE-DOMESTIC>                            17,659<F1>
<ALLOWANCE-FOREIGN>                                  0<F1>
<ALLOWANCE-UNALLOCATED>                              0<F1>
<FN>
<F1>BALANCE SPECIFIC TO FINANCIAL SERVICES SEGMENT
<F2>CONSOLIDATED FINANCIAL STATEMENT BALANCE
<F3>INCLUDES GAS PLANT IN SERVICE, NET $1,035,916
<F4>BALANCE INCLUDES CONSOLIDATED DEFERRED INCOME TAXES, ACCOUNTS PAYABLE AND 
OTHER ACCRUED LIABILITIES
<F5>BANK SPECIFIC ITEMS INCLUDING GENERAL AND ADMINISTRATIVE EXPENSE, GOODWILL
AMORTIZATION AND LOSS (INCOME) FROM REAL ESTATE OPERATIONS
</FN>