<ARTICLE>                     5
<LEGEND>
     This schedule contains  unaudited summary financial  information  extracted
from the Registrant's  consolidated  financial statements for the 6 months ended
June 30, 1999 and is qualified  in its  entirety by reference to such  financial
statements.
</LEGEND>
<CIK>                           0000906609
<NAME>                          The Morgan Group, Inc.
<MULTIPLIER>                    1,000
<CURRENCY>                      U.S. Dollars

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   JUN-30-1999
<EXCHANGE-RATE>                                1.000
<CASH>                                         1,419
<SECURITIES>                                   0
<RECEIVABLES>                                  13,740
<ALLOWANCES>                                   177
<INVENTORY>                                    0
<CURRENT-ASSETS>                               18,650
<PP&E>                                         6,834
<DEPRECIATION>                                 2,594
<TOTAL-ASSETS>                                 33,440
<CURRENT-LIABILITIES>                          15,097
<BONDS>                                        0
<COMMON>                                       41
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<OTHER-SE>                                     12,384
<TOTAL-LIABILITY-AND-EQUITY>                   33,440
<SALES>                                        75,595
<TOTAL-REVENUES>                               75,595
<CGS>                                          0
<TOTAL-COSTS>                                  74,834
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               97
<INTEREST-EXPENSE>                             207
<INCOME-PRETAX>                                554
<INCOME-TAX>                                   267
<INCOME-CONTINUING>                            287
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   287
<EPS-BASIC>                                  .12
<EPS-DILUTED>                                  .11