WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS FILED ON FORM 10-Q FOR THE PERIOD ENDED JUNE 30, 1995 FOR PORTLAND GENERAL CORPORATION AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,664,998<F1> <OTHER-PROPERTY-AND-INVEST> 322,309 <TOTAL-CURRENT-ASSETS> 335,120 <TOTAL-DEFERRED-CHARGES> 1,200,193 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 3,522,620 <COMMON> 190,195 <CAPITAL-SURPLUS-PAID-IN> 568,700 <RETAINED-EARNINGS> 117,777 <TOTAL-COMMON-STOCKHOLDERS-EQ> 866,192<F2> <PREFERRED-MANDATORY> 40,000<F3> <PREFERRED> 69,704 <LONG-TERM-DEBT-NET> 896,588<F4> <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 100,073 <LONG-TERM-DEBT-CURRENT-PORT> 71,066<F5> <PREFERRED-STOCK-CURRENT> 10,000 <CAPITAL-LEASE-OBLIGATIONS> 8,056<F5> <LEASES-CURRENT> 2,382 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,458,559 <TOT-CAPITALIZATION-AND-LIAB> 3,522,620 <GROSS-OPERATING-REVENUE> 219,892 <INCOME-TAX-EXPENSE> 24,205 <OTHER-OPERATING-EXPENSES> 148,508 <TOTAL-OPERATING-EXPENSES> 172,713 <OPERATING-INCOME-LOSS> 47,179 <OTHER-INCOME-NET> 5,414<F6> <INCOME-BEFORE-INTEREST-EXPEN> 52,593 <TOTAL-INTEREST-EXPENSE> 17,773<F7> <NET-INCOME> 34,820<F8> <PREFERRED-STOCK-DIVIDENDS> 2,417 <EARNINGS-AVAILABLE-FOR-COMM> 32,403 <COMMON-STOCK-DIVIDENDS> 15,215 <TOTAL-INTEREST-ON-BONDS> 60,857<F9> <CASH-FLOW-OPERATIONS> 36,924 <EPS-PRIMARY> 0.64 <EPS-DILUTED> 0.64 <FN> <F1>INCLUDING CAPITAL LEASE OBLIGATIONS NET OF AMORTIZATION <F2>INCLUDES UNEARNED COMPENSATION OF $(10,480) <F3>NET OF MANDATORY SINKING FUND OF $10,000. <F4>NET OF CURRENT PORTION. <F5>NET OF CURRENT PORTION OF CAPITAL LEASE OBLIGATIONS. <F6>EXCLUSIVE OF INTEREST EXPENSE AND PREFERRED DIVIDEND REQUIREMENT FOR PGE. <F7>INDLUDING AFUDC DEBT. <F8>PRIOR TO PREFERRED DIVIDEND REQUIREMENTS. <F9>REPRESENTS THE 12 MONTH-TO-DATE FIGURE ENDING JUNE 30, 1995. </FN>