<ARTICLE>                     5
<LEGEND>
     THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM FERRELLGAS
FINANCE CORP. BALANCE SHEET ON OCTOBER 31, 1996 AND THE STATEMENT OF
EARNINGS ENDED OCTOBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<CIK>                         0000922360
<NAME>                        FERRELLGAS FINANCE COPR.
<MULTIPLIER>                                   1
<CURRENCY>                                     US Dollars
       
                             
<PERIOD-TYPE>                   3-mos
<FISCAL-YEAR-END>                              JUL-31-1997
<PERIOD-START>                                 AUG-01-1996
<PERIOD-END>                                   OCT-31-1996
<EXCHANGE-RATE>                                1
<CASH>                                         1000
<SECURITIES>                                   0
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<CURRENT-ASSETS>                               1000
<PP&E>                                         0
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<TOTAL-ASSETS>                                 1000
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<COMMON>                                       1000
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