<TABLE> <S> <C>

<ARTICLE>                     6
<LEGEND>
              THIS SCHEDULE CONTAINS SUMMARY INFORMATION FROM FRANKLIN
              CAPITAL CORPORATION'S FORM 10-Q FOR THE PERIOD ENDED JUNE
              30, 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>                                 JUN-30-1999
<INVESTMENTS-AT-COST>                         3,267
<INVESTMENTS-AT-VALUE>                        4,984
<RECEIVABLES>                                    77
<ASSETS-OTHER>                                1,610
<OTHER-ITEMS-ASSETS>                              0
<TOTAL-ASSETS>                                6,671
<PAYABLE-FOR-SECURITIES>                          0
<SENIOR-LONG-TERM-DEBT>                           0
<OTHER-ITEMS-LIABILITIES>                       160
<TOTAL-LIABILITIES>                             160
<SENIOR-EQUITY>                                   0
<PAID-IN-CAPITAL-COMMON>                      7,900
<SHARES-COMMON-STOCK>                           750
<SHARES-COMMON-PRIOR>                           760
<ACCUMULATED-NII-CURRENT>                    (3,538)
<OVERDISTRIBUTION-NII>                            0
<ACCUMULATED-NET-GAINS>                           0
<OVERDISTRIBUTION-GAINS>                          0
<ACCUM-APPREC-OR-DEPREC>                      2,149
<NET-ASSETS>                                  6,511
<DIVIDEND-INCOME>                                21
<INTEREST-INCOME>                                18
<OTHER-INCOME>                                    0
<EXPENSES-NET>                                  705
<NET-INVESTMENT-INCOME>                        (667)
<REALIZED-GAINS-CURRENT>                        306
<APPREC-INCREASE-CURRENT>                       499
<NET-CHANGE-FROM-OPS>                           138
<EQUALIZATION>                                    0
<DISTRIBUTIONS-OF-INCOME>                         0
<DISTRIBUTIONS-OF-GAINS>                          0
<DISTRIBUTIONS-OTHER>                             0
<NUMBER-OF-SHARES-SOLD>                           20
<NUMBER-OF-SHARES-REDEEMED>                       21
<SHARES-REINVESTED>                                0
<NET-CHANGE-IN-ASSETS>                           137
<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>                                  705
<AVERAGE-NET-ASSETS>                           6,695
<PER-SHARE-NAV-BEGIN>                           8.41
<PER-SHARE-NII>                                (0.88)
<PER-SHARE-GAIN-APPREC>                         1.06
<PER-SHARE-DIVIDEND>                               0
<PER-SHARE-DISTRIBUTIONS>                          0
<RETURNS-OF-CAPITAL>                               0
<PER-SHARE-NAV-END>                             8.69
<EXPENSE-RATIO>                                10.53


</TABLE>