5

This schedule contains summary financial information extracted from statements of consolidated income, consolidated financial position and computation of earnings per share and is qualified in its entirety by reference to such financial statements.

0000764065 CLEVELAND-CLIFFS INC 1,000,000 3-MOS DEC-31-1994 JAN-1-1995 JUN-30-1995 122 1 42 20 66 258 257 (141) 611 95 0 17 0 0 304 611 155 183 140 146 14 0 3 19 (7) 26 0 0 0 26 2.16 2.16