<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the balance sheet, statement of income, statement of retained earnings and statement of cash flows contained in Form 10-Q of Canal Electric Company for the six months ended June 30, 1995 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000016906 <NAME> CANAL ELECTRIC COMPANY <MULTIPLIER> 1,000 <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <PERIOD-TYPE> 6-MOS <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 269,252 <OTHER-PROPERTY-AND-INVEST> 3,595 <TOTAL-CURRENT-ASSETS> 19,312 <TOTAL-DEFERRED-CHARGES> 31,046 <OTHER-ASSETS> 13,551 <TOTAL-ASSETS> 336,756 <COMMON> 38,080 <CAPITAL-SURPLUS-PAID-IN> 8,321 <RETAINED-EARNINGS> 51,711 <TOTAL-COMMON-STOCKHOLDERS-EQ> 98,112 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 87,347 <SHORT-TERM-NOTES> 34,435 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 1,110 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 12,966 <LEASES-CURRENT> 585 <OTHER-ITEMS-CAPITAL-AND-LIAB> 102,201 <TOT-CAPITALIZATION-AND-LIAB> 336,756 <GROSS-OPERATING-REVENUE> 61,455 <INCOME-TAX-EXPENSE> (3,673) <OTHER-OPERATING-EXPENSES> 53,815 <TOTAL-OPERATING-EXPENSES> 50,142 <OPERATING-INCOME-LOSS> 11,313 <OTHER-INCOME-NET> 78 <INCOME-BEFORE-INTEREST-EXPEN> 11,391 <TOTAL-INTEREST-EXPENSE> 4,701 <NET-INCOME> 6,690 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 6,690 <COMMON-STOCK-DIVIDENDS> 6,626 <TOTAL-INTEREST-ON-BONDS> 4,121 <CASH-FLOW-OPERATIONS> 5,348 <EPS-PRIMARY> 0 <EPS-DILUTED> 0