<ARTICLE> UT <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> AUG-31-1998 <PERIOD-END> AUG-31-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 51,309,817 <OTHER-PROPERTY-AND-INVEST> 8,045,439 <TOTAL-CURRENT-ASSETS> 18,712,937 <TOTAL-DEFERRED-CHARGES> 20,412,415 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 98,480,608 <COMMON> 4,993,028 <CAPITAL-SURPLUS-PAID-IN> 24,811,079 <RETAINED-EARNINGS> 8,187,112 <TOTAL-COMMON-STOCKHOLDERS-EQ> 35,222,876 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 27,039,000 <SHORT-TERM-NOTES> 2,300,000 <LONG-TERM-NOTES-PAYABLE> 2,598,849 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 2,288,937 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 1,527,655 <LEASES-CURRENT> 774,946 <OTHER-ITEMS-CAPITAL-AND-LIAB> 26,728,345 <TOT-CAPITALIZATION-AND-LIAB> 98,480,608 <GROSS-OPERATING-REVENUE> 81,588,896 <INCOME-TAX-EXPENSE> 1,330,045 <OTHER-OPERATING-EXPENSES> 73,900,591 <TOTAL-OPERATING-EXPENSES> 75,230,636 <OPERATING-INCOME-LOSS> 6,358,260 <OTHER-INCOME-NET> 288,464 <INCOME-BEFORE-INTEREST-EXPEN> 6,646,724 <TOTAL-INTEREST-EXPENSE> 3,040,763 <NET-INCOME> 3,605,961 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 3,605,961 <COMMON-STOCK-DIVIDENDS> 3,698,155 <TOTAL-INTEREST-ON-BONDS> 2,482,840 <CASH-FLOW-OPERATIONS> 7,109,834 <EPS-PRIMARY> 0.73 <EPS-DILUTED> 0.73