<ARTICLE>           BD
<LEGEND>
This schedule contains summary financial information
extracted from the financial statements for The
Jones Financial Companies for the 12 months ended
December 31, 1998 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER>        1,000
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                         143,745
<RECEIVABLES>                                1,256,580
<SECURITIES-RESALE>                            115,000
<SECURITIES-BORROWED>                           12,243
<INSTRUMENTS-OWNED>                            277,751
<PP&E>                                         201,901
<TOTAL-ASSETS>                               1,868,039
<SHORT-TERM>                                     6,967
<PAYABLES>                                   1,131,364
<REPOS-SOLD>                                         0
<SECURITIES-LOANED>                             43,651
<INSTRUMENTS-SOLD>                              18,928
<LONG-TERM>                                    242,100
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                     402,362
<TOTAL-LIABILITY-AND-EQUITY>                 1,868,039
<TRADING-REVENUE>                                    0
<INTEREST-DIVIDENDS>                           118,238
<COMMISSIONS>                                1,107,357
<INVESTMENT-BANKING-REVENUES>                   51,726
<FEE-REVENUE>                                  172,642
<INTEREST-EXPENSE>                              46,986
<COMPENSATION>                                 816,025
<INCOME-PRETAX>                                199,209
<INCOME-PRE-EXTRAORDINARY>                     199,209
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   199,209
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0