WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. MASS <ARTICLE> UT <MULTIPLIER>1,000 <FISCAL-YEAR-END> DEC-31-1994 DEC-31-1993 <PERIOD-END> DEC-31-1994 DEC-31-1993 <PERIOD-TYPE> 12-MOS 12-MOS <BOOK-VALUE> PER-BOOK PER-BOOK <TOTAL-NET-UTILITY-PLANT> 995,995 945,285 <OTHER-PROPERTY-AND-INVEST> 0 0 <TOTAL-CURRENT-ASSETS> 240,191 229,643 <TOTAL-DEFERRED-CHARGES> 59,536 <F1> 57,376 <F1> <OTHER-ASSETS> 0 0 <TOTAL-ASSETS> 1,295,722 1,232,304 <COMMON> 59,953 59,953 <CAPITAL-SURPLUS-PAID-IN> 187,172 187,172 <RETAINED-EARNINGS> 136,911 135,276 <TOTAL-COMMON-STOCKHOLDERS-EQ> 384,036 382,401 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 50,000 50,000 <LONG-TERM-DEBT-NET> 265,631 264,719 <SHORT-TERM-NOTES> 81,820 <F2> 37,925 <F2> <LONG-TERM-NOTES-PAYABLE> 0 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 0 <LONG-TERM-DEBT-CURRENT-PORT> 35,000 0 <PREFERRED-STOCK-CURRENT> 0 0 <CAPITAL-LEASE-OBLIGATIONS> 0 0 <LEASES-CURRENT> 0 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 479,235 497,259 <TOT-CAPITALIZATION-AND-LIAB> 1,295,722 1,232,304 <GROSS-OPERATING-REVENUE> 1,482,070 1,468,540 <INCOME-TAX-EXPENSE> 22,265 11,055 <OTHER-OPERATING-EXPENSES> 1,397,137 1,406,899 <TOTAL-OPERATING-EXPENSES> 1,419,402 1,417,954 <OPERATING-INCOME-LOSS> 62,668 50,586 <OTHER-INCOME-NET> (995) (64) <INCOME-BEFORE-INTEREST-EXPEN> 61,673 50,522 <TOTAL-INTEREST-EXPENSE> 26,947 26,743 <NET-INCOME> 34,726 23,779 <PREFERRED-STOCK-DIVIDENDS> 3,114 3,772 <EARNINGS-AVAILABLE-FOR-COMM> 31,612 19,191 <COMMON-STOCK-DIVIDENDS> 29,977 18,585 <TOTAL-INTEREST-ON-BONDS> 20,967 23,403 <CASH-FLOW-OPERATIONS> 44,252 69,651 <EPS-PRIMARY> <EPS-DILUTED> <FN> <F1> Total deferred charges includes other assets. <F2> Short-term notes includes commercial paper obligations and short-term debt to affiliates. </FN>