<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the consolidated financial statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000073020 <NAME> Northwest Natural Gas Company <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 823,057 <OTHER-PROPERTY-AND-INVEST> 97,986 <TOTAL-CURRENT-ASSETS> 68,876 <TOTAL-DEFERRED-CHARGES> 94,142 <OTHER-ASSETS> 56,860 <TOTAL-ASSETS> 1,140,921 <COMMON> 78,512 <CAPITAL-SURPLUS-PAID-IN> 228,290 <RETAINED-EARNINGS> 106,693 <TOTAL-COMMON-STOCKHOLDERS-EQ> 413,495 <PREFERRED-MANDATORY> 35,569 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 346,953 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 75,056 <LONG-TERM-DEBT-CURRENT-PORT> 10,000 <PREFERRED-STOCK-CURRENT> 930 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 258,918 <TOT-CAPITALIZATION-AND-LIAB> 1,140,921 <GROSS-OPERATING-REVENUE> 273,161 <INCOME-TAX-EXPENSE> 9,442 <OTHER-OPERATING-EXPENSES> 225,982 <TOTAL-OPERATING-EXPENSES> 235,424 <OPERATING-INCOME-LOSS> 37,737 <OTHER-INCOME-NET> 7,237 <INCOME-BEFORE-INTEREST-EXPEN> 44,974 <TOTAL-INTEREST-EXPENSE> 23,615 <NET-INCOME> 21,359 <PREFERRED-STOCK-DIVIDENDS> 1,939 <EARNINGS-AVAILABLE-FOR-COMM> 19,420 <COMMON-STOCK-DIVIDENDS> 22,050 <TOTAL-INTEREST-ON-BONDS> 18,704 <CASH-FLOW-OPERATIONS> 65,917 <EPS-PRIMARY> $0.81 <EPS-DILUTED> $0.80