<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FINANCIAL STATEMENTS INCLUDED IN ITS FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,965,948 <OTHER-PROPERTY-AND-INVEST> 102,174 <TOTAL-CURRENT-ASSETS> 266,263 <TOTAL-DEFERRED-CHARGES> 777,435 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 5,111,820 <COMMON> 476,686 <CAPITAL-SURPLUS-PAID-IN> 842,032 <RETAINED-EARNINGS> 387,234 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,705,952 <PREFERRED-MANDATORY> 125,000 <PREFERRED> 140,500 <LONG-TERM-DEBT-NET> 1,618,534 <SHORT-TERM-NOTES> 59,300 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 8,055 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,454,479 <TOT-CAPITALIZATION-AND-LIAB> 5,111,820 <GROSS-OPERATING-REVENUE> 1,011,826 <INCOME-TAX-EXPENSE> 66,709 <OTHER-OPERATING-EXPENSES> 773,468 <TOTAL-OPERATING-EXPENSES> 840,177 <OPERATING-INCOME-LOSS> 171,649 <OTHER-INCOME-NET> (5,248) <INCOME-BEFORE-INTEREST-EXPEN> 166,401 <TOTAL-INTEREST-EXPENSE> 66,187 <NET-INCOME> 100,214 <PREFERRED-STOCK-DIVIDENDS> 9,475 <EARNINGS-AVAILABLE-FOR-COMM> 90,739 <COMMON-STOCK-DIVIDENDS> 50,052 <TOTAL-INTEREST-ON-BONDS> 58,513 <CASH-FLOW-OPERATIONS> 260,846 <EPS-PRIMARY> 1.27 <EPS-DILUTED> 1.27