<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF INCOME AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                       3,617,000
<SECURITIES>                               400,462,000
<RECEIVABLES>                              112,055,000
<ALLOWANCES>                                 1,301,000
<INVENTORY>                                 13,329,000
<CURRENT-ASSETS>                                     0
<PP&E>                                     124,672,000
<DEPRECIATION>                              42,997,000
<TOTAL-ASSETS>                             659,539,000
<CURRENT-LIABILITIES>                                0
<BONDS>                                     62,470,000
<COMMON>                                       911,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                 158,777,000
<TOTAL-LIABILITY-AND-EQUITY>               659,539,000
<SALES>                                     32,754,000
<TOTAL-REVENUES>                           370,492,000
<CGS>                                       27,179,000
<TOTAL-COSTS>                              362,348,000
<OTHER-EXPENSES>                             3,115,000
<LOSS-PROVISION>                              (75,000)
<INTEREST-EXPENSE>                           5,873,000
<INCOME-PRETAX>                              (769,000)
<INCOME-TAX>                               (1,837,000)
<INCOME-CONTINUING>                          1,068,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,068,000
<EPS-PRIMARY>                                      .35
<EPS-DILUTED>                                      .35