<ARTICLE> UT <LEGEND> UNION ELECTRIC COMPANY 10-Q June 30, 1997 FINANCIAL DATA SCHEDULE UT PUBLIC UTILITY COMPANIES AND PUBLIC UTILITY HOLDING COMPANIES APPENDIX E TO ITEM 601(C) OF REGULATION S-K (Thousands of Dollars Except Per Share Amounts) </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 5,403,626 <OTHER-PROPERTY-AND-INVEST> 112,578 <TOTAL-CURRENT-ASSETS> 487,358 <TOTAL-DEFERRED-CHARGES> 36,186 <OTHER-ASSETS> 836,784 <TOTAL-ASSETS> 6,876,532 <COMMON> 510,619 <CAPITAL-SURPLUS-PAID-IN> 716,879 <RETAINED-EARNINGS> 1,093,678 <TOTAL-COMMON-STOCKHOLDERS-EQ> 2,321,176 <PREFERRED-MANDATORY> 0 <PREFERRED> 155,197 <LONG-TERM-DEBT-NET> 1,861,800 <SHORT-TERM-NOTES> 68,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 81,386 <LEASES-CURRENT> 32,734 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,356,239 <TOT-CAPITALIZATION-AND-LIAB> 6,876,532 <GROSS-OPERATING-REVENUE> 1,037,212 <INCOME-TAX-EXPENSE> 69,628 <OTHER-OPERATING-EXPENSES> 797,913 <TOTAL-OPERATING-EXPENSES> 867,541 <OPERATING-INCOME-LOSS> 169,671 <OTHER-INCOME-NET> (1,011) <INCOME-BEFORE-INTEREST-EXPEN> 168,660 <TOTAL-INTEREST-EXPENSE> 67,388 <NET-INCOME> 101,272 <PREFERRED-STOCK-DIVIDENDS> 4,409 <EARNINGS-AVAILABLE-FOR-COMM> 96,863 <COMMON-STOCK-DIVIDENDS> 129,697 <TOTAL-INTEREST-ON-BONDS> 113,432 <CASH-FLOW-OPERATIONS> 197,812 <EPS-PRIMARY> $0.95 <EPS-DILUTED> $0.95