<TABLE> <S> <C>

<ARTICLE>                     6
<LEGEND>
              THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION FROM FRANKLIN
              CAPITAL CORPORATION'S FORM 10-Q FOR THE PERIOD ENDED MARCH 31,
              1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
              FINANCIAL STATEMENTS.
</LEGEND>
<CIK>                                    0000812301
<NAME>                                   FRANKLIN CAPITAL CORPORATION
<MULTIPLIER>                              1000
       
<S>                                         <C>
<PERIOD-TYPE>                                3-MOS
<FISCAL-YEAR-END>                            DEC-31-1999
<PERIOD-START>                                JAN-1-1999
<PERIOD-END>                                 MAR-31-1999
<INVESTMENTS-AT-COST>                               3,236
<INVESTMENTS-AT-VALUE>                              4,872
<RECEIVABLES>                                         108
<ASSETS-OTHER>                                      2,226
<OTHER-ITEMS-ASSETS>                                    0
<TOTAL-ASSETS>                                      7,206
<PAYABLE-FOR-SECURITIES>                                0
<SENIOR-LONG-TERM-DEBT>                                 0
<OTHER-ITEMS-LIABILITIES>                             174
<TOTAL-LIABILITIES>                                   174
<SENIOR-EQUITY>                                         0
<PAID-IN-CAPITAL-COMMON>                            7,956
<SHARES-COMMON-STOCK>                                 760
<SHARES-COMMON-PRIOR>                                 751
<ACCUMULATED-NII-CURRENT>                          (3,394)
<OVERDISTRIBUTION-NII>                                  0
<ACCUMULATED-NET-GAINS>                                 0
<OVERDISTRIBUTION-GAINS>                                0
<ACCUM-APPREC-OR-DEPREC>                            2,470
<NET-ASSETS>                                        7,032
<DIVIDEND-INCOME>                                      11
<INTEREST-INCOME>                                       9
<OTHER-INCOME>                                          0
<EXPENSES-NET>                                        364
<NET-INVESTMENT-INCOME>                              (345)
<REALIZED-GAINS-CURRENT>                              121
<APPREC-INCREASE-CURRENT>                             820
<NET-CHANGE-FROM-OPS>                                 595
<EQUALIZATION>                                          0
<DISTRIBUTIONS-OF-INCOME>                               0
<DISTRIBUTIONS-OF-GAINS>                                0
<DISTRIBUTIONS-OTHER>                                   0
<NUMBER-OF-SHARES-SOLD>                               172
<NUMBER-OF-SHARES-REDEEMED>                            53
<SHARES-REINVESTED>                                     0
<NET-CHANGE-IN-ASSETS>                                713
<ACCUMULATED-NII-PRIOR>                            (6,024)
<ACCUMULATED-GAINS-PRIOR>                           2,855
<OVERDIST-NET-GAINS-PRIOR>                              0
<OVERDISTRIB-NII-PRIOR>                                 0
<GROSS-ADVISORY-FEES>                                   0
<INTEREST-EXPENSE>                                      0
<GROSS-EXPENSE>                                       364
<AVERAGE-NET-ASSETS>                                6,619
<PER-SHARE-NAV-BEGIN>                                8.41
<PER-SHARE-NII>                                     (0.45)
<PER-SHARE-GAIN-APPREC>                              1.24
<PER-SHARE-DIVIDEND>                                 0.00
<PER-SHARE-DISTRIBUTIONS>                            0.00
<RETURNS-OF-CAPITAL>                                 0.00
<PER-SHARE-NAV-END>                                  9.19
<EXPENSE-RATIO>                                      5.51
<AVG-DEBT-OUTSTANDING>                                  0
<AVG-DEBT-PER-SHARE>                                 0.00
        

</TABLE>