<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS CONTAINED IN ARNOLD INDUSTRIES, INC.'S FORM 10-Q FOR THE SIX MONTHS ENDED JUNE 30, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 10,997,872 <SECURITIES> 15,195,758 <RECEIVABLES> 35,918,582 <ALLOWANCES> 1,834,139 <INVENTORY> 0 <CURRENT-ASSETS> 69,905,869 <PP&E> 311,935,408 <DEPRECIATION> 113,584,716 <TOTAL-ASSETS> 288,583,294 <CURRENT-LIABILITIES> 47,809,660 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 29,942,628 <OTHER-SE> 171,810,876 <TOTAL-LIABILITY-AND-EQUITY> 288,583,294 <SALES> 0 <TOTAL-REVENUES> 172,502,670 <CGS> 0 <TOTAL-COSTS> 152,801,974 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 684,624 <INTEREST-EXPENSE> 630,644 <INCOME-PRETAX> 18,849,081 <INCOME-TAX> 6,652,003 <INCOME-CONTINUING> 12,197,078 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12,197,078 <EPS-PRIMARY> .46 <EPS-DILUTED> .46