<ARTICLE> UT <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 2,928,146 <OTHER-PROPERTY-AND-INVEST> 145,278 <TOTAL-CURRENT-ASSETS> 378,221 <TOTAL-DEFERRED-CHARGES> 197,119 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 3,648,764 <COMMON> 48,240 <CAPITAL-SURPLUS-PAID-IN> 689,757 <RETAINED-EARNINGS> 257,881 <TOTAL-COMMON-STOCKHOLDERS-EQ> 995,878 <PREFERRED-MANDATORY> 88,000 <PREFERRED> 123,000 <LONG-TERM-DEBT-NET> 1,058,685 <SHORT-TERM-NOTES> 121,500 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 141,000 <LONG-TERM-DEBT-CURRENT-PORT> 101,467 <PREFERRED-STOCK-CURRENT> 2,000 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,017,234 <TOT-CAPITALIZATION-AND-LIAB> 3,648,764 <GROSS-OPERATING-REVENUE> 777,605 <INCOME-TAX-EXPENSE> 31,909 <OTHER-OPERATING-EXPENSES> 638,371 <TOTAL-OPERATING-EXPENSES> 670,280 <OPERATING-INCOME-LOSS> 107,325 <OTHER-INCOME-NET> 838 <INCOME-BEFORE-INTEREST-EXPEN> 108,163 <TOTAL-INTEREST-EXPENSE> 55,033 <NET-INCOME> 53,130 <PREFERRED-STOCK-DIVIDENDS> 7,707 <EARNINGS-AVAILABLE-FOR-COMM> 45,423 <COMMON-STOCK-DIVIDENDS> 45,291 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 103,802 <EPS-PRIMARY> 0.94 <EPS-DILUTED> 0