<ARTICLE> UT <LEGEND> THIS STATEMENT CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEET, STATEMENT OF INCOME AND CASH FLOW, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000077242 <NAME> PENNSYLVANIA GAS AND WATER COMPANY <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 209,723,000 <OTHER-PROPERTY-AND-INVEST> 3,447,000 <TOTAL-CURRENT-ASSETS> 46,377,000 <TOTAL-DEFERRED-CHARGES> 41,573,000 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 497,918,000 <COMMON> 55,294,000 <CAPITAL-SURPLUS-PAID-IN> 92,328,000 <RETAINED-EARNINGS> 70,081,000 <TOTAL-COMMON-STOCKHOLDERS-EQ> 217,703,000 <PREFERRED-MANDATORY> 1,760,000 <PREFERRED> 33,615,000 <LONG-TERM-DEBT-NET> 149,325,000 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 210,000 <PREFERRED-STOCK-CURRENT> 80,000 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 95,225,000 <TOT-CAPITALIZATION-AND-LIAB> 497,918,000 <GROSS-OPERATING-REVENUE> 68,237,000 <INCOME-TAX-EXPENSE> 4,867,000 <OTHER-OPERATING-EXPENSES> 53,870,000 <TOTAL-OPERATING-EXPENSES> 58,737,000 <OPERATING-INCOME-LOSS> 9,500,000 <OTHER-INCOME-NET> 234,000 <INCOME-BEFORE-INTEREST-EXPEN> 9,734,000 <TOTAL-INTEREST-EXPENSE> 2,630,000 <NET-INCOME> 3,400,000 <PREFERRED-STOCK-DIVIDENDS> 691,000 <EARNINGS-AVAILABLE-FOR-COMM> 2,709,000 <COMMON-STOCK-DIVIDENDS> 3,893,000 <TOTAL-INTEREST-ON-BONDS> 18,891,000 <CASH-FLOW-OPERATIONS> 30,767,000 <EPS-PRIMARY> .49 <EPS-DILUTED> .49