<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE JOHN
NUVEEN COMPANY'S FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                          34,866
<SECURITIES>                                    43,602
<RECEIVABLES>                                   39,152
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               117,620
<PP&E>                                          42,505
<DEPRECIATION>                                (28,586)
<TOTAL-ASSETS>                                 417,297
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                           45,000
<PREFERRED>                                          0
<COMMON>                                           387
<OTHER-SE>                                     287,202
<TOTAL-LIABILITY-AND-EQUITY>                   417,297
<SALES>                                              0
<TOTAL-REVENUES>                               148,829
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                82,447
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,447
<INCOME-PRETAX>                                 64,935
<INCOME-TAX>                                    25,429
<INCOME-CONTINUING>                             39,506
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    39,506
<EPS-PRIMARY>                                     1.21
<EPS-DILUTED>                                     1.14