<ARTICLE>                                UT
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED STATEMENTS OF INCOME, CONSOLIDATED STATEMENTS OF CASH FLOWS, AND
CONSOLIDATED BALANCE SHEETS AS OF AND FOR YEAR TO DATE 6/30/98 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<CIK>                                    0000030371
<NAME>                                   DUKE ENERGY CORPORATION
<MULTIPLIER>                             1000
       
                                      
<PERIOD-TYPE>                                      YEAR
<FISCAL-YEAR-END>                                DEC-31-1998
<PERIOD-START>                                   JAN-01-1998
<PERIOD-END>                                     JUN-30-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                     9,541,500
<OTHER-PROPERTY-AND-INVEST>                   9,181,500
<TOTAL-CURRENT-ASSETS>                        4,685,800
<TOTAL-DEFERRED-CHARGES>                      2,020,300
<OTHER-ASSETS>                                        0
<TOTAL-ASSETS>                               25,429,100
<COMMON>                                      4,325,100
<CAPITAL-SURPLUS-PAID-IN>                             0
<RETAINED-EARNINGS>                           3,254,200
<TOTAL-COMMON-STOCKHOLDERS-EQ>                7,579,300
<PREFERRED-MANDATORY>                           124,000
<PREFERRED>                                     208,900
<LONG-TERM-DEBT-NET>                          6,419,800
<SHORT-TERM-NOTES>                               24,800
<LONG-TERM-NOTES-PAYABLE>                             0
<COMMERCIAL-PAPER-OBLIGATIONS>                1,774,200
<LONG-TERM-DEBT-CURRENT-PORT>                   175,600
<PREFERRED-STOCK-CURRENT>                             0
<CAPITAL-LEASE-OBLIGATIONS>                       8,945
<LEASES-CURRENT>                                  1,719
<OTHER-ITEMS-CAPITAL-AND-LIAB>               10,722,500
<TOT-CAPITALIZATION-AND-LIAB>                25,429,100
<GROSS-OPERATING-REVENUE>                     8,128,500
<INCOME-TAX-EXPENSE>                            374,200
<OTHER-OPERATING-EXPENSES>                    6,971,300
<TOTAL-OPERATING-EXPENSES>                    7,345,500
<OPERATING-INCOME-LOSS>                       1,157,200
<OTHER-INCOME-NET>                              103,100
<INCOME-BEFORE-INTEREST-EXPEN>                  846,000
<TOTAL-INTEREST-EXPENSE>                        246,400
<NET-INCOME>                                    599,600
<PREFERRED-STOCK-DIVIDENDS>                      11,600
<EARNINGS-AVAILABLE-FOR-COMM>                   588,000
<COMMON-STOCK-DIVIDENDS>                        594,834
<TOTAL-INTEREST-ON-BONDS>                        97,017
<CASH-FLOW-OPERATIONS>                          968,000
<EPS-PRIMARY>                                      1.63<F1>
<EPS-DILUTED>                                      1.63
        
<FN>
<F1> REPRESENTS BASIC EARNINGS PER SHARE
</FN>