<TABLE> <S> <C>

<ARTICLE> BD
<RESTATED> 
<MULTIPLIER> 1000
       
<S>                             <C>                     <C>                     <C>                     <C>
<C>
<PERIOD-TYPE>                   YEAR                   YEAR                   3-MOS                   6-MOS
9-MOS
<FISCAL-YEAR-END>                          FEB-28-1997             FEB-29-1996             FEB-28-1997             FEB-28-1997
             FEB-28-1997
<PERIOD-END>                               FEB-28-1997             FEB-29-1996             MAY-31-1996             AUG-31-1996
             NOV-30-1996
<CASH>                                          62,799                  52,587                  62,713                  51,250
                  42,400
<RECEIVABLES>                                1,691,989               1,441,984               1,598,904               1,608,398
               1,638,543
<SECURITIES-RESALE>                            200,000                  92,013                 121,954                  45,000
                 154,170
<SECURITIES-BORROWED>                        1,392,864                 613,266                 628,622                 510,878
                 914,582
<INSTRUMENTS-OWNED>                            163,967                 195,792                 166,383                 155,230
                 146,637
<PP&E>                                         189,795                 178,556                 178,611                 178,984
                 182,588
<TOTAL-ASSETS>                               4,244,340               3,102,085               3,044,422               2,837,971
               3,504,151
<SHORT-TERM>                                         0                       0                       0                       0
                       0
<PAYABLES>                                   1,453,423               1,278,704               1,128,272               1,044,424
               1,249,325
<REPOS-SOLD>                                         0                       0                       0                       0
                       0
<SECURITIES-LOANED>                          1,458,426                 660,489                 687,741                 571,093
                 975,089
<INSTRUMENTS-SOLD>                              17,670                  21,871                  29,944                  33,588
                  35,454
<LONG-TERM>                                          0                       0                       0                       0
                       0
<PREFERRED-MANDATORY>                                0                       0                       0                       0
                       0
<PREFERRED>                                          0                       0                       0                       0
                       0
<COMMON>                                        64,313                  64,313                  64,313                  64,313
                  64,313
<OTHER-SE>                                   1,196,990               1,024,371               1,064,282               1,080,838
               1,134,746
<TOTAL-LIABILITY-AND-EQUITY>                 4,244,340               3,102,085               3,044,422               2,837,971
               3,504,151
<TRADING-REVENUE>                              213,007                 206,367                  53,486                 107,376
                 159,576
<INTEREST-DIVIDENDS>                           147,835                 134,342                  35,026                  70,891
                 108,061
<COMMISSIONS>                                  928,793                 806,076                 246,762                 454,388
                 672,336
<INVESTMENT-BANKING-REVENUES>                  156,159                 104,999                  34,121                  81,809
                 117,833
<FEE-REVENUE>                                  193,263                 151,088                  44,430                  91,276
                 139,183
<INTEREST-EXPENSE>                               2,065                   3,153                     718                   1,205
                   1,640
<COMPENSATION>                               1,080,931                 929,755                 275,476                 533,887
                 791,445
<INCOME-PRETAX>                                354,957                 276,282                  91,962                 176,932
                 257,942
<INCOME-PRE-EXTRAORDINARY>                     354,957                 276,282                  91,962                 176,932
                 257,942
<EXTRAORDINARY>                                      0                       0                       0                       0
                       0
<CHANGES>                                            0                       0                       0                       0
                       0
<NET-INCOME>                                   219,057                 170,582                  56,442                 108,662
                 159,682
<EPS-PRIMARY>                                     2.29                    1.80                     .59                    1.14
                    1.67
<EPS-DILUTED>                                     2.24                    1.77                     .58                    1.12
                    1.64
        

</TABLE>