<ARTICLE> UT <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> AUG-31-1995 <PERIOD-END> FEB-28-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,522,910 <OTHER-PROPERTY-AND-INVEST> 53,508 <TOTAL-CURRENT-ASSETS> 102,408 <TOTAL-DEFERRED-CHARGES> 127,761 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,806,587 <COMMON> 40,918 <CAPITAL-SURPLUS-PAID-IN> 306,479 <RETAINED-EARNINGS> 341,275 <TOTAL-COMMON-STOCKHOLDERS-EQ> 688,672 <PREFERRED-MANDATORY> 0 <PREFERRED> 72,680 <LONG-TERM-DEBT-NET> 576,259 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 500 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 107,073 <TOT-CAPITALIZATION-AND-LIAB> 1,806,587 <GROSS-OPERATING-REVENUE> 369,065 <INCOME-TAX-EXPENSE> 21,749 <OTHER-OPERATING-EXPENSES> 289,443 <TOTAL-OPERATING-EXPENSES> 311,192 <OPERATING-INCOME-LOSS> 57,873 <OTHER-INCOME-NET> 2,290 <INCOME-BEFORE-INTEREST-EXPEN> 60,163 <TOTAL-INTEREST-EXPENSE> 20,317 <NET-INCOME> 39,846 <PREFERRED-STOCK-DIVIDENDS> 2,439 <EARNINGS-AVAILABLE-FOR-COMM> 37,407 <COMMON-STOCK-DIVIDENDS> 45,010 <TOTAL-INTEREST-ON-BONDS> 19,059 <CASH-FLOW-OPERATIONS> 60,598 <EPS-PRIMARY> 0.91 <EPS-DILUTED> 0