<ARTICLE> OPUR1 <LEGEND> (Amounts in 1,000's, except earnings per share) Income tax expense includes $3,514,000 related to other income. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 773,063 <OTHER-PROPERTY-AND-INVEST> 21,131 <TOTAL-CURRENT-ASSETS> 87,206 <TOTAL-DEFERRED-CHARGES> 184,495 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,065,895 <COMMON> 188,700 <CAPITAL-SURPLUS-PAID-IN> (413) <RETAINED-EARNINGS> 98,217 <TOTAL-COMMON-STOCKHOLDERS-EQ> 286,504 <PREFERRED-MANDATORY> 15,000 <PREFERRED> 50,905 <LONG-TERM-DEBT-NET> 310,996 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 7,496 <OTHER-ITEMS-CAPITAL-AND-LIAB> 394,994 <TOT-CAPITALIZATION-AND-LIAB> 1,065,895 <GROSS-OPERATING-REVENUE> 322,625 <INCOME-TAX-EXPENSE> 33,421 <OTHER-OPERATING-EXPENSES> 230,389 <TOTAL-OPERATING-EXPENSES> 260,296 <OPERATING-INCOME-LOSS> 62,329 <OTHER-INCOME-NET> 5,760 <INCOME-BEFORE-INTEREST-EXPEN> 68,089 <TOTAL-INTEREST-EXPENSE> 27,502 <NET-INCOME> 40,587 <PREFERRED-STOCK-DIVIDENDS> 4,626 <EARNINGS-AVAILABLE-FOR-COMM> 35,961 <COMMON-STOCK-DIVIDENDS> 21,386 <TOTAL-INTEREST-ON-BONDS> 25,715 <CASH-FLOW-OPERATIONS> 91,739 <EPS-PRIMARY> 5.72 <EPS-DILUTED> 5.72