<ARTICLE> BD
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION AND THE CONSOLIDATED STATEMENTS
OF EARNINGS AS OF JUNE 30, 2000 AND FOR THE SIX MONTHS THEN ENDED AND THE NOTES
THERETO AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS FILED IN THE 2000 JEFFERIES GROUP, INC. SECOND QUARTER 10-Q FILING.

<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<EXCHANGE-RATE>                                      1
<CASH>                                          94,032
<RECEIVABLES>                                  446,121
<SECURITIES-RESALE>                              2,597
<SECURITIES-BORROWED>                        3,060,279
<INSTRUMENTS-OWNED>                            274,888
<PP&E>                                          37,842
<TOTAL-ASSETS>                               4,185,266
<SHORT-TERM>                                    77,000
<PAYABLES>                                     406,695
<REPOS-SOLD>                                     2,597
<SECURITIES-LOANED>                          2,722,237
<INSTRUMENTS-SOLD>                             193,346
<LONG-TERM>                                    149,533
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             2
<OTHER-SE>                                     423,344
<TOTAL-LIABILITY-AND-EQUITY>                 4,185,266
<TRADING-REVENUE>                              138,420
<INTEREST-DIVIDENDS>                            84,651
<COMMISSIONS>                                  112,650
<INVESTMENT-BANKING-REVENUES>                   34,874
<FEE-REVENUE>                                    4,308
<INTEREST-EXPENSE>                              69,376
<COMPENSATION>                                 188,217
<INCOME-PRETAX>                                 47,582
<INCOME-PRE-EXTRAORDINARY>                      47,582
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    27,396
<EPS-BASIC>                                       1.14
<EPS-DILUTED>                                     1.13