<ARTICLE> UT
<CIK> 0000764403
<NAME> ETOWN CORPORATION
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1994
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                  401,728,112
<OTHER-PROPERTY-AND-INVEST>                 13,556,348
<TOTAL-CURRENT-ASSETS>                      29,136,224
<TOTAL-DEFERRED-CHARGES>                    41,301,975
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                             485,722,659
<COMMON>                                   112,963,254
<CAPITAL-SURPLUS-PAID-IN>                   (2,971,169)
<RETAINED-EARNINGS>                         42,881,927
<TOTAL-COMMON-STOCKHOLDERS-EQ>             152,240,036
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                 12,000,000
<LONG-TERM-DEBT-NET>                       154,207,706
<SHORT-TERM-NOTES>                           4,000,000
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                   42,000
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>             163,232,917
<TOT-CAPITALIZATION-AND-LIAB>              485,722,659
<GROSS-OPERATING-REVENUE>                   77,235,460
<INCOME-TAX-EXPENSE>                         5,264,925
<OTHER-OPERATING-EXPENSES>                  53,737,598
<TOTAL-OPERATING-EXPENSES>                  59,002,523
<OPERATING-INCOME-LOSS>                     18,232,937
<OTHER-INCOME-NET>                           (179,519)
<INCOME-BEFORE-INTEREST-EXPEN>              18,053,418
<TOTAL-INTEREST-EXPENSE>                     8,223,383
<NET-INCOME>                                 9,830,035
<PREFERRED-STOCK-DIVIDENDS>                    655,767
<EARNINGS-AVAILABLE-FOR-COMM>                9,174,268
<COMMON-STOCK-DIVIDENDS>                     9,500,007
<TOTAL-INTEREST-ON-BONDS>                    8,708,105
<CASH-FLOW-OPERATIONS>                       8,876,630
<EPS-PRIMARY>                                     1.51
<EPS-DILUTED>                                     1.50