<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 year ended December 31, 1998
and is qualified in its entirety by reference to such statements.

</LEGEND>
       


<S>                                  <C>
<PERIOD-TYPE>                                             12-mos
<FISCAL-YEAR-END>                                         dec-31-1998
<PERIOD-END>                                              dec-31-1998

<CASH>                                                                     6,000
<SECURITIES>                                                                   0
<RECEIVABLES>                                                                  0
<ALLOWANCES>                                                                   0
<INVENTORY>                                                                    0
<CURRENT-ASSETS>                                                           6,000
<PP&E>                                                                         0
<DEPRECIATION>                                                                 0
<TOTAL-ASSETS>                                                         3,690,000
<CURRENT-LIABILITIES>                                                    464,000
<BONDS>                                                                        0 
<COMMON>                                                                  57,000
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0 
<OTHER-SE>                                                             2,379,000
<TOTAL-LIABILITY-AND-EQUITY>                                           3,690,000
<SALES>                                                                        0
<TOTAL-REVENUES>                                                               0
<CGS>                                                                          0
<TOTAL-COSTS>                                                                  0
<OTHER-EXPENSES>                                                               0
<LOSS-PROVISION>                                                               0      
<INTEREST-EXPENSE>                                                             0
<INCOME-PRETAX>                                                          (81,000)
<INCOME-TAX>                                                                   0
<INCOME-CONTINUING>                                                      (81,000)
<DISCONTINUED>                                                                 0 
<EXTRAORDINARY>                                                                0 
<CHANGES>                                                                      0      
<NET-INCOME>                                                             (81,000)
<EPS-PRIMARY>                                                                  0
<EPS-DILUTED>                                                                  0

        

</TABLE>