<ARTICLE> UT

                                                              EXHIBIT 27.01
<LEGEND>

This schedule contains summary financial information extracted from the
Consolidated Statements of Income, Consolidated Balance Sheets and Consolidated
Statements of Cash Flows and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1996
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    4,321,430
<OTHER-PROPERTY-AND-INVEST>                    691,013
<TOTAL-CURRENT-ASSETS>                         837,678
<TOTAL-DEFERRED-CHARGES>                       365,265
<OTHER-ASSETS>                                 165,828
<TOTAL-ASSETS>                               6,381,214
<COMMON>                                       171,250
<CAPITAL-SURPLUS-PAID-IN>                      614,817
<RETAINED-EARNINGS>                          1,284,516
<TOTAL-COMMON-STOCKHOLDERS-EQ>               2,066,267<F1>
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    240,469
<LONG-TERM-DEBT-NET>                         1,667,951
<SHORT-TERM-NOTES>                                 577
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                 168,500
<LONG-TERM-DEBT-CURRENT-PORT>                  156,689
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>               2,076,445<F1>
<TOT-CAPITALIZATION-AND-LIAB>                6,381,214
<GROSS-OPERATING-REVENUE>                      718,709
<INCOME-TAX-EXPENSE>                            36,637<F2>
<OTHER-OPERATING-EXPENSES>                     588,766
<TOTAL-OPERATING-EXPENSES>                     629,432
<OPERATING-INCOME-LOSS>                         89,277
<OTHER-INCOME-NET>                               5,143<F2>
<INCOME-BEFORE-INTEREST-EXPEN>                  98,449
<TOTAL-INTEREST-EXPENSE>                        31,239
<NET-INCOME>                                    67,210
<PREFERRED-STOCK-DIVIDENDS>                      3,061
<EARNINGS-AVAILABLE-FOR-COMM>                   64,149
<COMMON-STOCK-DIVIDENDS>                        45,660
<TOTAL-INTEREST-ON-BONDS>                       27,271
<CASH-FLOW-OPERATIONS>                         219,146
<EPS-PRIMARY>                                    $0.94
<EPS-DILUTED>                                        0
<FN>
<F2>$4,029 thousand of non-operating income tax benefit is classified as
Income Tax Expense.  The financial statement presentation includes this as
a component of Other Income (Expense).
<F1>$(4,316) thousand of Common Stockholders' Equity is classified as Other
Items-Capitalization and Liabilities.  This represents the net of leveraged
common stock held by the Employee Stock Ownership Plan and the currency
translation adjustments.
</FN>