<ARTICLE> OPUR1 <LEGEND> (Amounts in 1,000's, except earnings per share) Income tax expense includes $2,842,000 related to other income. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 797,231 <OTHER-PROPERTY-AND-INVEST> 16,563 <TOTAL-CURRENT-ASSETS> 104,673 <TOTAL-DEFERRED-CHARGES> 193,502 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,111,969 <COMMON> 188,700 <CAPITAL-SURPLUS-PAID-IN> (422) <RETAINED-EARNINGS> 95,804 <TOTAL-COMMON-STOCKHOLDERS-EQ> 284,082 <PREFERRED-MANDATORY> 15,000 <PREFERRED> 50,905 <LONG-TERM-DEBT-NET> 312,343 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 50,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 9,716 <OTHER-ITEMS-CAPITAL-AND-LIAB> 389,923 <TOT-CAPITALIZATION-AND-LIAB> 1,111,969 <GROSS-OPERATING-REVENUE> 161,638 <INCOME-TAX-EXPENSE> 19,328 <OTHER-OPERATING-EXPENSES> 110,238 <TOTAL-OPERATING-EXPENSES> 126,724 <OPERATING-INCOME-LOSS> 34,914 <OTHER-INCOME-NET> 4,220 <INCOME-BEFORE-INTEREST-EXPEN> 39,134 <TOTAL-INTEREST-EXPENSE> 14,078 <NET-INCOME> 25,056 <PREFERRED-STOCK-DIVIDENDS> 2,313 <EARNINGS-AVAILABLE-FOR-COMM> 22,743 <COMMON-STOCK-DIVIDENDS> 10,693 <TOTAL-INTEREST-ON-BONDS> 13,232 <CASH-FLOW-OPERATIONS> 35,204 <EPS-PRIMARY> 3.62 <EPS-DILUTED> 3.62