<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from GSU'S financial statements for the quarter ended June 30, 1995 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000044570 <NAME> GULF STATES UTILITIES COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> JUN-30-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 4,660,175 <OTHER-PROPERTY-AND-INVEST> 61,676 <TOTAL-CURRENT-ASSETS> 746,692 <TOTAL-DEFERRED-CHARGES> 1,426,406 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 6,894,949 <COMMON> 114,055 <CAPITAL-SURPLUS-PAID-IN> 1,152,419 <RETAINED-EARNINGS> 296,400 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,562,874 <PREFERRED-MANDATORY> 92,687 <PREFERRED> 136,444 <LONG-TERM-DEBT-NET> 2,300,795 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 70,425 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 104,959 <LEASES-CURRENT> 37,234 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,589,531 <TOT-CAPITALIZATION-AND-LIAB> 6,894,949 <GROSS-OPERATING-REVENUE> 878,955 <INCOME-TAX-EXPENSE> 22,978 <OTHER-OPERATING-EXPENSES> 719,828 <TOTAL-OPERATING-EXPENSES> 742,806 <OPERATING-INCOME-LOSS> 136,149 <OTHER-INCOME-NET> 9,098 <INCOME-BEFORE-INTEREST-EXPEN> 145,247 <TOTAL-INTEREST-EXPENSE> 98,259 <NET-INCOME> 46,988 <PREFERRED-STOCK-DIVIDENDS> 15,016 <EARNINGS-AVAILABLE-FOR-COMM> 31,972 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 100,350 <EPS-PRIMARY> 0 <EPS-DILUTED> 0