<ARTICLE> UT <CIK> 0001023291 <NAME> TEXAS UTILITIES COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 18,546,576 <OTHER-PROPERTY-AND-INVEST> 4,018,876 <TOTAL-CURRENT-ASSETS> 1,731,705 <TOTAL-DEFERRED-CHARGES> 2,063,792 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 26,360,949 <COMMON> 5,592,383 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 1,304,578 <TOTAL-COMMON-STOCKHOLDERS-EQ> 6,865,349 <PREFERRED-MANDATORY> 843,575 <PREFERRED> 190,055 <LONG-TERM-DEBT-NET> 8,775,071 <SHORT-TERM-NOTES> 39,961 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 2,319,507 <LONG-TERM-DEBT-CURRENT-PORT> 801,401 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 6,526,030 <TOT-CAPITALIZATION-AND-LIAB> 26,360,949 <GROSS-OPERATING-REVENUE> 2,498,666 <INCOME-TAX-EXPENSE> 74,636 <OTHER-OPERATING-EXPENSES> 2,073,030 <TOTAL-OPERATING-EXPENSES> 2,073,030 <OPERATING-INCOME-LOSS> 425,636 <OTHER-INCOME-NET> (1,750) <INCOME-BEFORE-INTEREST-EXPEN> 423,886 <TOTAL-INTEREST-EXPENSE> 222,621 <NET-INCOME> 126,629 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 126,629 <COMMON-STOCK-DIVIDENDS> 135,568 <TOTAL-INTEREST-ON-BONDS> 100,485 <CASH-FLOW-OPERATIONS> 486,648 <EPS-PRIMARY> .52 <EPS-DILUTED> .51