<ARTICLE> 5 <LEGEND> ( THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FERRELLGAS PARTNERS, L.P. AND SUBSIDIARIES BALANCE SHEET ON JULY 31, 1997, AND THE STATEMENT OF EARNINGS ENDING JULY 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATMENTS) </LEGEND> <CIK> 0000922358 <NAME> FERRELLGAS PARTNERS, L.P. <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUL-31-1997 <PERIOD-START> AUG-01-1996 <PERIOD-END> JUL-31-1997 <EXCHANGE-RATE> 1 <CASH> 14,788 <SECURITIES> 0 <RECEIVABLES> 63,069 <ALLOWANCES> 1,234 <INVENTORY> 43,112 <CURRENT-ASSETS> 128,641 <PP&E> 614,974 <DEPRECIATION> 209,238 <TOTAL-ASSETS> 657,076 <CURRENT-LIABILITIES> 110,530 <BONDS> 487,334 <COMMON> 103,200 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (58,417) <TOTAL-LIABILITY-AND-EQUITY> 657,076 <SALES> 759,941 <TOTAL-REVENUES> 804,298 <CGS> 470,128 <TOTAL-COSTS> 719,648 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 45,769 <INCOME-PRETAX> 23,218 <INCOME-TAX> 0 <INCOME-CONTINUING> 23,218 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 23,218 <EPS-PRIMARY> 0.74 <EPS-DILUTED> 0.74 <FN> 1. The Ferrellgas Partners L.P. ("MLP"), both the Common and Subordinated units are considered to possess the characteristics of Common Stock. Note that both are included in the determination of the EPS providing support for such a classificaiton. </FN>