<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS CONTAINED IN ARNOLD INDUSTRIES, INC.'S FORM 10-K FOR THE TWELVE MONTHS ENDED DECEMBER 31, 1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 26,504,782 <SECURITIES> 9,786,175 <RECEIVABLES> 41,403,379 <ALLOWANCES> 1,340,028 <INVENTORY> 0 <CURRENT-ASSETS> 92,254,963 <PP&E> 346,003,319 <DEPRECIATION> 140,441,244 <TOTAL-ASSETS> 317,040,416 <CURRENT-LIABILITIES> 46,333,605 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 29,942,628 <OTHER-SE> 187,310,328 <TOTAL-LIABILITY-AND-EQUITY> 317,040,416 <SALES> 0 <TOTAL-REVENUES> 383,164,535 <CGS> 0 <TOTAL-COSTS> 332,249,045 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 851,230 <INTEREST-EXPENSE> 1,379,932 <INCOME-PRETAX> 50,889,105 <INCOME-TAX> 18,678,890 <INCOME-CONTINUING> 32,210,215 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 32,210,215 <EPS-PRIMARY> 1.23 <EPS-DILUTED> 1.22