<ARTICLE> UT <LEGEND> UNION ELECTRIC COMPANY 10-Q September 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> JUL-01-1997 <PERIOD-END> SEP-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 5,395,977 <OTHER-PROPERTY-AND-INVEST> 119,333 <TOTAL-CURRENT-ASSETS> 532,002 <TOTAL-DEFERRED-CHARGES> 37,003 <OTHER-ASSETS> 824,144 <TOTAL-ASSETS> 6,908,459 <COMMON> 510,619 <CAPITAL-SURPLUS-PAID-IN> 716,879 <RETAINED-EARNINGS> 1,210,404 <TOTAL-COMMON-STOCKHOLDERS-EQ> 2,437,902 <PREFERRED-MANDATORY> 0 <PREFERRED> 155,197 <LONG-TERM-DEBT-NET> 1,721,951 <SHORT-TERM-NOTES> 7,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 84,801 <LEASES-CURRENT> 28,749 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,472,859 <TOT-CAPITALIZATION-AND-LIAB> 6,908,459 <GROSS-OPERATING-REVENUE> 1,811,566 <INCOME-TAX-EXPENSE> 187,023 <OTHER-OPERATING-EXPENSES> 1,236,226 <TOTAL-OPERATING-EXPENSES> 1,423,249 <OPERATING-INCOME-LOSS> 388,317 <OTHER-INCOME-NET> (2,936) <INCOME-BEFORE-INTEREST-EXPEN> 385,381 <TOTAL-INTEREST-EXPENSE> 100,330 <NET-INCOME> 285,051 <PREFERRED-STOCK-DIVIDENDS> 6,613 <EARNINGS-AVAILABLE-FOR-COMM> 278,438 <COMMON-STOCK-DIVIDENDS> 194,546 <TOTAL-INTEREST-ON-BONDS> 114,347 <CASH-FLOW-OPERATIONS> 538,376 <EPS-PRIMARY> $2.73 <EPS-DILUTED> $2.73