<ARTICLE> UT
<CIK> 0000032379
<NAME> ELIZABETHTOWN WATER CO
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                  437,455,976
<OTHER-PROPERTY-AND-INVEST>                     85,690
<TOTAL-CURRENT-ASSETS>                      25,477,400
<TOTAL-DEFERRED-CHARGES>                    39,828,848
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                             502,847,914
<COMMON>                                    15,740,602
<CAPITAL-SURPLUS-PAID-IN>                   88,383,930
<RETAINED-EARNINGS>                         47,499,723
<TOTAL-COMMON-STOCKHOLDERS-EQ>             151,624,255
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                 12,000,000
<LONG-TERM-DEBT-NET>                       141,908,430
<SHORT-TERM-NOTES>                          23,000,000
<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>             174,273,229
<TOT-CAPITALIZATION-AND-LIAB>              502,847,914
<GROSS-OPERATING-REVENUE>                  102,032,505
<INCOME-TAX-EXPENSE>                         7,176,396
<OTHER-OPERATING-EXPENSES>                  70,672,160
<TOTAL-OPERATING-EXPENSES>                  77,848,556
<OPERATING-INCOME-LOSS>                     24,183,949
<OTHER-INCOME-NET>                             441,253
<INCOME-BEFORE-INTEREST-EXPEN>              24,625,202
<TOTAL-INTEREST-EXPENSE>                    10,402,060
<NET-INCOME>                                14,223,142
<PREFERRED-STOCK-DIVIDENDS>                    854,047
<EARNINGS-AVAILABLE-FOR-COMM>               13,369,095
<COMMON-STOCK-DIVIDENDS>                    12,855,857
<TOTAL-INTEREST-ON-BONDS>                   10,774,008
<CASH-FLOW-OPERATIONS>                      29,723,662
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0