<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 3/31/99 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <CIK> 0000030371 <NAME> DUKE ENERGY CORPORATION <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 9,603,000 <OTHER-PROPERTY-AND-INVEST> 12,286,000 <TOTAL-CURRENT-ASSETS> 5,043,000 <TOTAL-DEFERRED-CHARGES> 1,779,000 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 28,711,000 <COMMON> 4,504,000 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 4,463,000 <TOTAL-COMMON-STOCKHOLDERS-EQ> 8,967,000 <PREFERRED-MANDATORY> 104,000 <PREFERRED> 209,000 <LONG-TERM-DEBT-NET> 6,164,000 <SHORT-TERM-NOTES> 9,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 1,563,000 <LONG-TERM-DEBT-CURRENT-PORT> 993,000 <PREFERRED-STOCK-CURRENT> 20,000 <CAPITAL-LEASE-OBLIGATIONS> 6,000 <LEASES-CURRENT> 2,000 <OTHER-ITEMS-CAPITAL-AND-LIAB> 12,181,000 <TOT-CAPITALIZATION-AND-LIAB> 28,711,000 <GROSS-OPERATING-REVENUE> 4,160,000 <INCOME-TAX-EXPENSE> 209,000 <OTHER-OPERATING-EXPENSES> 3,533,000 <TOTAL-OPERATING-EXPENSES> 3,742,000 <OPERATING-INCOME-LOSS> 627,000 <OTHER-INCOME-NET> 56,000 <INCOME-BEFORE-INTEREST-EXPEN> 1,099,000 <TOTAL-INTEREST-EXPENSE> 132,000 <NET-INCOME> 967,000 <PREFERRED-STOCK-DIVIDENDS> 5,000 <EARNINGS-AVAILABLE-FOR-COMM> 962,000 <COMMON-STOCK-DIVIDENDS> 200,000 <TOTAL-INTEREST-ON-BONDS> 48,000 <CASH-FLOW-OPERATIONS> 547,000 <EPS-PRIMARY> 2.65<F1> <EPS-DILUTED> 2.64 <FN> <F1>REPRESENTS BASIC EARNINGS PER SHARE </FN>