<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 SEPTEMBER 30, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 3,973,239 <OTHER-PROPERTY-AND-INVEST> 101,389 <TOTAL-CURRENT-ASSETS> 248,988 <TOTAL-DEFERRED-CHARGES> 769,087 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 5,092,703 <COMMON> 476,686 <CAPITAL-SURPLUS-PAID-IN> 842,228 <RETAINED-EARNINGS> 401,086 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,720,000 <PREFERRED-MANDATORY> 125,000 <PREFERRED> 140,500 <LONG-TERM-DEBT-NET> 1,616,897 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 5,512 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,484,794 <TOT-CAPITALIZATION-AND-LIAB> 5,092,703 <GROSS-OPERATING-REVENUE> 1,476,520 <INCOME-TAX-EXPENSE> 96,747 <OTHER-OPERATING-EXPENSES> 1,131,524 <TOTAL-OPERATING-EXPENSES> 1,228,271 <OPERATING-INCOME-LOSS> 248,249 <OTHER-INCOME-NET> (6,842) <INCOME-BEFORE-INTEREST-EXPEN> 241,407 <TOTAL-INTEREST-EXPENSE> 97,690 <NET-INCOME> 143,717 <PREFERRED-STOCK-DIVIDENDS> 14,100 <EARNINGS-AVAILABLE-FOR-COMM> 129,617 <COMMON-STOCK-DIVIDENDS> 75,078 <TOTAL-INTEREST-ON-BONDS> 87,094 <CASH-FLOW-OPERATIONS> 402,965 <EPS-PRIMARY> 1.81 <EPS-DILUTED> 1.81