<TABLE> <S> <C>


<ARTICLE>                     5
<LEGEND>

                          AMERICAN MIDLAND CORPORATION
                             FINANCIAL DATA SCHEDULE
                           ARTICLE 5 OF REGULATION S-X


This  schedule  contains  summary  financial   information  extracted  from  the
condensed  consolidated  finacial  statements  for the six months ended June 30,
1998 and is qualified in its entirety by reference to such statements.

</LEGEND>
       


<S>                                  <C>
<PERIOD-TYPE>                                             9-mos
<FISCAL-YEAR-END>                                         dec-31-1998
<PERIOD-END>                                              sep-30-1998

<CASH>                                                                     6,000
<SECURITIES>                                                                   0
<RECEIVABLES>                                                                  0
<ALLOWANCES>                                                                   0
<INVENTORY>                                                                    0
<CURRENT-ASSETS>                                                           6,000
<PP&E>                                                                         0
<DEPRECIATION>                                                                 0
<TOTAL-ASSETS>                                                         3,770,000
<CURRENT-LIABILITIES>                                                    464,000
<BONDS>                                                                        0 
<COMMON>                                                                  57,000
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0 
<OTHER-SE>                                                             2,402,000
<TOTAL-LIABILITY-AND-EQUITY>                                           3,770,000
<SALES>                                                                        0
<TOTAL-REVENUES>                                                               0
<CGS>                                                                          0
<TOTAL-COSTS>                                                                  0
<OTHER-EXPENSES>                                                               0
<LOSS-PROVISION>                                                               0      
<INTEREST-EXPENSE>                                                             0
<INCOME-PRETAX>                                                          (1,000)
<INCOME-TAX>                                                                   0
<INCOME-CONTINUING>                                                      (1,000)
<DISCONTINUED>                                                                 0 
<EXTRAORDINARY>                                                                0 
<CHANGES>                                                                      0      
<NET-INCOME>                                                             (1,000)
<EPS-PRIMARY>                                                                  0
<EPS-DILUTED>                                                                  0

        

</TABLE>