<ARTICLE> UT <CIK> 0000032379 <NAME> ELIZABETHTOWN WATER CO <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 519,048,241 <OTHER-PROPERTY-AND-INVEST> 152,101 <TOTAL-CURRENT-ASSETS> 27,347,572 <TOTAL-DEFERRED-CHARGES> 27,347,572 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 588,057,989 <COMMON> 15,740,602 <CAPITAL-SURPLUS-PAID-IN> 112,250,003 <RETAINED-EARNINGS> 48,805,674 <TOTAL-COMMON-STOCKHOLDERS-EQ> 176,796,279 <PREFERRED-MANDATORY> 0 <PREFERRED> 12,000,000 <LONG-TERM-DEBT-NET> 181,925,252 <SHORT-TERM-NOTES> 32,000,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 30,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 185,306,458 <TOT-CAPITALIZATION-AND-LIAB> 588,057,989 <GROSS-OPERATING-REVENUE> 25,760,090 <INCOME-TAX-EXPENSE> 1,455,502 <OTHER-OPERATING-EXPENSES> 18,653,649 <TOTAL-OPERATING-EXPENSES> 20,109,151 <OPERATING-INCOME-LOSS> 5,650,939 <OTHER-INCOME-NET> 804,965 <INCOME-BEFORE-INTEREST-EXPEN> 6,455,904 <TOTAL-INTEREST-EXPENSE> 2,861,728 <NET-INCOME> 3,594,176 <PREFERRED-STOCK-DIVIDENDS> 203,250 <EARNINGS-AVAILABLE-FOR-COMM> 3,390,926 <COMMON-STOCK-DIVIDENDS> 3,856,837 <TOTAL-INTEREST-ON-BONDS> 3,252,986 <CASH-FLOW-OPERATIONS> 6,377,405 <EPS-PRIMARY> 0 <EPS-DILUTED> 0