<TABLE> <S> <C>
<ARTICLE> BD<F1>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> NOV-24-2000
<PERIOD-START> NOV-29-1999<F2>
<PERIOD-END> AUG-25-2000
<CASH> 17,406<F3>
<RECEIVABLES> 29,162
<SECURITIES-RESALE> 41,016
<SECURITIES-BORROWED> 87,631
<INSTRUMENTS-OWNED> 92,502
<PP&E> 1,822<F4>
<TOTAL-ASSETS> 275,004
<SHORT-TERM> 37,917
<PAYABLES> 61,299
<REPOS-SOLD> 42,697
<SECURITIES-LOANED> 6,535
<INSTRUMENTS-SOLD> 74,078
<LONG-TERM> 28,528
0
0
<COMMON> 5
<OTHER-SE> 12,688
<TOTAL-LIABILITY-AND-EQUITY> 275,004
<TRADING-REVENUE> 5,543<F5>
<INTEREST-DIVIDENDS> 12,579
<COMMISSIONS> 1,711<F6>
<INVESTMENT-BANKING-REVENUES> 4,131
<FEE-REVENUE> 1,047<F6>
<INTEREST-EXPENSE> 11,836
<COMPENSATION> 6,901<F7>
<INCOME-PRETAX> 4,110
<INCOME-PRE-EXTRAORDINARY> 4,110
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,466
<EPS-BASIC> 5.10
<EPS-DILUTED> 4.85
<FN>
<F1>The amounts disclosed in the financial data summary should be read in
conjunction with the condensed consolidated financial statements and the
notes thereto.
<F2>Represents the first Monday of the period.
<F3>Includes cash and cash equivalents and cash and securities segregated in
compliance with U.S. federal and other regulations as disclosed on the
condensed consolidated statement of financial condition.
<F4>Included in other assets on the condensed consolidated statement of financial
condition.
<F5>Includes revenues from principal investments, which mainly represents revenues
from the firm's merchant banking investments.
<F6>Included in revenues from asset management and securities services on the
condensed consolidated statement of earnings.
<F7>Includes amortization of employee initial public offering awards.
</FN>
</TABLE>