<ARTICLE> UT <LEGEND> This section of the schedule contains summary financial information extracted from the consolidated financial statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 728,573 <OTHER-PROPERTY-AND-INVEST> 61,227 <TOTAL-CURRENT-ASSETS> 77,515 <TOTAL-DEFERRED-CHARGES> 60,366 <OTHER-ASSETS> 57,940 <TOTAL-ASSETS> 985,621 <COMMON> 71,647 <CAPITAL-SURPLUS-PAID-IN> 178,402 <RETAINED-EARNINGS> 115,589 <TOTAL-COMMON-STOCKHOLDERS-EQ> 365,638 <PREFERRED-MANDATORY> 37,668 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 270,724 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 48,905 <LONG-TERM-DEBT-CURRENT-PORT> 25,000 <PREFERRED-STOCK-CURRENT> 1,081 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 236,605 <TOT-CAPITALIZATION-AND-LIAB> 985,621 <GROSS-OPERATING-REVENUE> 84,039 <INCOME-TAX-EXPENSE> 15,349 <OTHER-OPERATING-EXPENSES> 36,563 <TOTAL-OPERATING-EXPENSES> 51,912 <OPERATING-INCOME-LOSS> 32,127 <OTHER-INCOME-NET> (652) <INCOME-BEFORE-INTEREST-EXPEN> 31,475 <TOTAL-INTEREST-EXPENSE> 6,722 <NET-INCOME> 24,753 <PREFERRED-STOCK-DIVIDENDS> 673 <EARNINGS-AVAILABLE-FOR-COMM> 24,080 <COMMON-STOCK-DIVIDENDS> 6,770 <TOTAL-INTEREST-ON-BONDS> 5,059 <CASH-FLOW-OPERATIONS> 30,972 <EPS-PRIMARY> $1.07 <EPS-DILUTED> $1.04