<ARTICLE>                                            6
<LEGEND>
     This schedule  contains summary  financial  information  extracted from the
     Consolidated  Statement of Financial Condition at June 30, 1998 (unaudited)
     and the  Consolidated  Statement of  Operations  for the three months ended
     June 30,1998  (unaudited)  and is qualified in its entirety by reference to
     such financial statements.
</LEGEND>
<CIK>          0000017313                  
<NAME>         Capital Southwest Corporation                
<MULTIPLIER>                                   1
<CURRENCY>                                     US DOLLARS
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              MAR-31-1998
<PERIOD-START>                                 APR-01-1998
<PERIOD-END>                                   JUN-30-1998
<EXCHANGE-RATE>                                1
<INVESTMENTS-AT-COST>                          67,125,631
<INVESTMENTS-AT-VALUE>                         411,874,017
<RECEIVABLES>                                  647,191
<ASSETS-OTHER>                                 3,835,087
<OTHER-ITEMS-ASSETS>                           11,247,569
<TOTAL-ASSETS>                                 427,603,864
<PAYABLE-FOR-SECURITIES>                       0
<SENIOR-LONG-TERM-DEBT>                        5,000,000
<OTHER-ITEMS-LIABILITIES>                      123,003,378
<TOTAL-LIABILITIES>                            128,003,378
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       2,704,423
<SHARES-COMMON-STOCK>                          3,787,951
<SHARES-COMMON-PRIOR>                          3,787,951
<ACCUMULATED-NII-CURRENT>                      5,345,021
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        67,093,654
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       224,457,388
<NET-ASSETS>                                   299,600,486
<DIVIDEND-INCOME>                              820,747
<INTEREST-INCOME>                              402,847
<OTHER-INCOME>                                 137,350
<EXPENSES-NET>                                 492,831
<NET-INVESTMENT-INCOME>                        840,713
<REALIZED-GAINS-CURRENT>                       495,194
<APPREC-INCREASE-CURRENT>                      2,999,353
<NET-CHANGE-FROM-OPS>                          4,335,260
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      757,590
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        0
<NUMBER-OF-SHARES-REDEEMED>                    0
<SHARES-REINVESTED>                            0
<NET-CHANGE-IN-ASSETS>                         3,577,670
<ACCUMULATED-NII-PRIOR>                        5,261,898
<ACCUMULATED-GAINS-PRIOR>                      66,598,460
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          0
<INTEREST-EXPENSE>                             102,008
<GROSS-EXPENSE>                                492,831
<AVERAGE-NET-ASSETS>                           0
<PER-SHARE-NAV-BEGIN>                          78.15
<PER-SHARE-NII>                                .22
<PER-SHARE-GAIN-APPREC>                        .92
<PER-SHARE-DIVIDEND>                           (.20)
<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            79.09
<EXPENSE-RATIO>                                0
<AVG-DEBT-OUTSTANDING>                         0
<AVG-DEBT-PER-SHARE>                           0