<ARTICLE> UT <MULTIPLIER>1,000 <FISCAL-YEAR-END> DEC-31-1994 DEC-31-1993 DEC-31-1994 DEC-31-1993 <PERIOD-END> SEP-30-1994 SEP-30-1993 SEP-30-1994 SEP-30-1993 <PERIOD-TYPE> 9-MOS 9-MOS QTR-3 QTR-3 <BOOK-VALUE> PER-BOOK PER-BOOK PER-BOOK PER-BOOK <TOTAL-NET-UTILITY-PLANT> 980,083 0 0 0 <OTHER-PROPERTY-AND-INVEST> 0 0 0 0 <TOTAL-CURRENT-ASSETS> 206,828 0 0 0 <TOTAL-DEFERRED-CHARGES> 59,761 <F1>0 0 0 <OTHER-ASSETS> 0 0 0 0 <TOTAL-ASSETS> 1,246,672 0 0 0 <COMMON> 59,953 0 0 0 <CAPITAL-SURPLUS-PAID-IN> 187,172 0 0 0 <RETAINED-EARNINGS> 135,372 0 0 0 <TOTAL-COMMON-STOCKHOLDERS-EQ> 382,497 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 50,000 0 0 0 <LONG-TERM-DEBT-NET> 254,653 0 0 0 <SHORT-TERM-NOTES> 42,570 <F2>0 0 0 <LONG-TERM-NOTES-PAYABLE> 0 0 0 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 0 0 0 <LONG-TERM-DEBT-CURRENT-PORT> 35,000 0 0 0 <PREFERRED-STOCK-CURRENT> 0 0 0 0 <CAPITAL-LEASE-OBLIGATIONS> 0 0 0 0 <LEASES-CURRENT> 0 0 0 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 481,952 0 0 0 <TOT-CAPITALIZATION-AND-LIAB> 1,246,672 0 0 0 <GROSS-OPERATING-REVENUE> 1,098,180 1,094,871 376,582 376,137 <INCOME-TAX-EXPENSE> 11,754 1,604 829 1,169 <OTHER-OPERATING-EXPENSES> 1,044,128 1,068,875 365,633 366,980 <TOTAL-OPERATING-EXPENSES> 1,055,882 1,070,479 366,462 368,149 <OPERATING-INCOME-LOSS> 42,298 24,392 10,120 7,988 <OTHER-INCOME-NET> (1,785) (313) (19) 627 <INCOME-BEFORE-INTEREST-EXPEN> 40,513 24,079 10,101 8,615 <TOTAL-INTEREST-EXPENSE> 21,295 19,959 8,670 6,411 <NET-INCOME> 19,218 4,120 1,431 2,204 <PREFERRED-STOCK-DIVIDENDS> 2,335 2,879 778 1,165 <EARNINGS-AVAILABLE-FOR-COMM> 16,883 1,241 653 1,039 <COMMON-STOCK-DIVIDENDS> 16,787 13,789 3,598 2,398 <TOTAL-INTEREST-ON-BONDS> 15,500 17,977 5,334 5,843 <CASH-FLOW-OPERATIONS> 63,873 66,533 21,964 30,508 <EPS-PRIMARY> 0 <F3> 0 <F3> 0 <F3> 0 <F3> <EPS-DILUTED> 0 <F3> 0 <F3> 0 <F3> 0 <F3> <FN> <F1> Total deferred charges includes other assets. <F2> Short-term notes includes commercial paper obligations and short-term debt to affiliates. <F3> Per share data is not relevant because the Company's common stock is wholly owned by New England Electric System. </FN>