<ARTICLE> UT <CIK> 0000072741 <NAME> NORTHEAST UTILITIES AND SUBSIDIARIES <MULTIPLIER>1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 6,142,035 <OTHER-PROPERTY-AND-INVEST> 892,413 <TOTAL-CURRENT-ASSETS> 1,067,855 <TOTAL-DEFERRED-CHARGES> 2,282,395 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 10,384,698 <COMMON> 685,603 <CAPITAL-SURPLUS-PAID-IN> 939,674 <RETAINED-EARNINGS> 579,213 <TOTAL-COMMON-STOCKHOLDERS-EQ> 2,068,680 <PREFERRED-MANDATORY> 166,039 <PREFERRED> 136,200 <LONG-TERM-DEBT-NET> 3,218,149 <SHORT-TERM-NOTES> 225,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 230,962 <PREFERRED-STOCK-CURRENT> 46,250 <CAPITAL-LEASE-OBLIGATIONS> 78,107 <LEASES-CURRENT> 128,405 <OTHER-ITEMS-CAPITAL-AND-LIAB> 3,951,096 <TOT-CAPITALIZATION-AND-LIAB> 10,384,698 <GROSS-OPERATING-REVENUE> 1,043,407 <INCOME-TAX-EXPENSE> 16,046 <OTHER-OPERATING-EXPENSES> 931,329 <TOTAL-OPERATING-EXPENSES> 953,769 <OPERATING-INCOME-LOSS> 89,638 <OTHER-INCOME-NET> (2,575) <INCOME-BEFORE-INTEREST-EXPEN> 93,457 <TOTAL-INTEREST-EXPENSE> 69,072 <NET-INCOME> 24,385 <PREFERRED-STOCK-DIVIDENDS> 5,941 <EARNINGS-AVAILABLE-FOR-COMM> 18,444 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 67,459 <CASH-FLOW-OPERATIONS> 309,969 <EPS-PRIMARY> 0.14 <EPS-DILUTED> 0.14