<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> NOV-30-1995 <PERIOD-START> DEC-01-1994 <PERIOD-END> MAY-31-1995 <CASH> 30,341 <SECURITIES> 105,846<F1> <RECEIVABLES> 224,158 <ALLOWANCES> 0 <INVENTORY> 1,057,562 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,509,039 <CURRENT-LIABILITIES> 0 <BONDS> 366,016<F2> <COMMON> 32,390 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,300 <OTHER-SE> 368,283 <TOTAL-LIABILITY-AND-EQUITY> 1,509,039 <SALES> 532,784 <TOTAL-REVENUES> 545,325 <CGS> 442,601 <TOTAL-COSTS> 450,108<F3> <OTHER-EXPENSES> 76,193<F4> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 13,010 <INCOME-PRETAX> 6,776 <INCOME-TAX> 2,500 <INCOME-CONTINUING> 4,276 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,276 <EPS-PRIMARY> 0.11 <EPS-DILUTED> 0<F5> <FN> <F1> Marketable securities are comprised of first mortgages and morgage-backed securities which are held for long-term investment. The mortgage-backed securities serve as collateral for related collateralized mortage obligations. <F2> Bonds are comprised of senior and senior subordinated notes and collateralized mortgage obligations. <F3> Total Costs include interest expense on the collateralized mortgage obligations, as the associated interest income generated from the mortgage-backed securities is included in Total Revenues. <F4> Other Expenses are comprised of selling, general and administrative expenses. <F5> Fully diluted earnings per share is not disclosed in the Company's consolidated financial statements since the maximum dilutive effect is not material. </FN>