
<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
SOUTHWESTERN BELL CORPORATION'S SEPTEMBER 30, 1994 CONSOLIDATED FINANCIAL
STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                         431,000
<SECURITIES>                                         0<F1>
<RECEIVABLES>                                2,261,500
<ALLOWANCES>                                   124,900
<INVENTORY>                                          0<F1>
<CURRENT-ASSETS>                             3,733,500
<PP&E>                                      29,366,600
<DEPRECIATION>                              11,793,000
<TOTAL-ASSETS>                              25,525,000
<CURRENT-LIABILITIES>                        5,341,100
<BONDS>                                      5,365,300
<COMMON>                                       606,100
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   7,440,700
<TOTAL-LIABILITY-AND-EQUITY>                25,525,000
<SALES>                                              0<F2>
<TOTAL-REVENUES>                             8,410,900
<CGS>                                                0<F3>
<TOTAL-COSTS>                                2,665,500
<OTHER-EXPENSES>                             1,502,800
<LOSS-PROVISION>                               110,200
<INTEREST-EXPENSE>                             349,600
<INCOME-PRETAX>                              1,845,500
<INCOME-TAX>                                   621,500
<INCOME-CONTINUING>                          1,224,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,224,000
<EPS-PRIMARY>                                     2.03
<EPS-DILUTED>                                     2.03
<FN>
<F1> THIS AMOUNT IS IMMATERIAL.
<F2> NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING
REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL
STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B).  THIS AMOUNT IS
INCLUDED IN THE "TOTAL-REVENUES" TAG.
<F3> COST OF TANGIBLE GOODS SOLD IS INCLUDED IN COST OF SERVICES AND PRODUCTS
IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO
REGULATION S-X, RULE 5-03(B).
</FN>
        

</TABLE>
