<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Company's Consolidated Statements of Earnings, Consolidated Balance Sheets and Consolidated Statements of Cash Flows for the period ended June 30, 1995 and is qualified in its entirely by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> JUN-30-1995 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,626,666 <OTHER-PROPERTY-AND-INVEST> 33,745 <TOTAL-CURRENT-ASSETS> 340,598 <TOTAL-DEFERRED-CHARGES> 134,176 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 2,135,185 <COMMON> 208,870 <CAPITAL-SURPLUS-PAID-IN> 468,616 <RETAINED-EARNINGS> (7,475) <TOTAL-COMMON-STOCKHOLDERS-EQ> 670,011 <PREFERRED-MANDATORY> 0 <PREFERRED> 13,000 <LONG-TERM-DEBT-NET> 742,763 <SHORT-TERM-NOTES> 35,550 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 15,954 <PREFERRED-STOCK-CURRENT> 63,767 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 594,140 <TOT-CAPITALIZATION-AND-LIAB> 2,135,185 <GROSS-OPERATING-REVENUE> 421,767 <INCOME-TAX-EXPENSE> 31,179 <OTHER-OPERATING-EXPENSES> 347,823 <TOTAL-OPERATING-EXPENSES> 363,012 <OPERATING-INCOME-LOSS> 58,755 <OTHER-INCOME-NET> 14,693 <INCOME-BEFORE-INTEREST-EXPEN> 73,448 <TOTAL-INTEREST-EXPENSE> 31,845 <NET-INCOME> 41,603 <PREFERRED-STOCK-DIVIDENDS> 3,072 <EARNINGS-AVAILABLE-FOR-COMM> 38,531 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 27,092 <CASH-FLOW-OPERATIONS> 84,554 <EPS-PRIMARY> 0.92 <EPS-DILUTED> 0