<ARTICLE>           BD
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements for The Jones Financial Companies for the 3 months ended
March 27, 1998 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER>        1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-27-1998
<CASH>                                          62,466
<RECEIVABLES>                                1,018,856
<SECURITIES-RESALE>                              8,500
<SECURITIES-BORROWED>                           15,324
<INSTRUMENTS-OWNED>                            247,402
<PP&E>                                         187,022
<TOTAL-ASSETS>                               1,620,642
<SHORT-TERM>                                     4,000
<PAYABLES>                                     798,883
<REPOS-SOLD>                                         0
<SECURITIES-LOANED>                             33,551
<INSTRUMENTS-SOLD>                              14,862
<LONG-TERM>                                    264,403
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     289,620
<TOTAL-LIABILITY-AND-EQUITY>                 1,620,642
<TRADING-REVENUE>                                    0
<INTEREST-DIVIDENDS>                            23,579
<COMMISSIONS>                                  256,989
<INVESTMENT-BANKING-REVENUES>                   11,374
<FEE-REVENUE>                                   26,531
<INTEREST-EXPENSE>                              10,798
<COMPENSATION>                                 184,291
<INCOME-PRETAX>                                 31,958
<INCOME-PRE-EXTRAORDINARY>                      31,958
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    31,958
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0