<ARTICLE> UT <CIK> 0000032379 <NAME> ELIZABETHTOWN WATER COMPANY <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 560,024,147 <OTHER-PROPERTY-AND-INVEST> 80,976 <TOTAL-CURRENT-ASSETS> 34,989,771 <TOTAL-DEFERRED-CHARGES> 45,684,108 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 640,779,002 <COMMON> 15,740,602 <CAPITAL-SURPLUS-PAID-IN> 116,972,646 <RETAINED-EARNINGS> 49,579,584 <TOTAL-COMMON-STOCKHOLDERS-EQ> 182,292,832 <PREFERRED-MANDATORY> 0 <PREFERRED> 12,000,000 <LONG-TERM-DEBT-NET> 181,933,425 <SHORT-TERM-NOTES> 69,000,000 <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> 195,522,745 <TOT-CAPITALIZATION-AND-LIAB> 640,779,002 <GROSS-OPERATING-REVENUE> 110,358,349 <INCOME-TAX-EXPENSE> 7,360,461 <OTHER-OPERATING-EXPENSES> 76,154,447 <TOTAL-OPERATING-EXPENSES> 83,514,908 <OPERATING-INCOME-LOSS> 26,843,441 <OTHER-INCOME-NET> 2,715,285 <INCOME-BEFORE-INTEREST-EXPEN> 29,558,726 <TOTAL-INTEREST-EXPENSE> 12,803,562 <NET-INCOME> 16,755,164 <PREFERRED-STOCK-DIVIDENDS> 813,000 <EARNINGS-AVAILABLE-FOR-COMM> 15,942,164 <COMMON-STOCK-DIVIDENDS> 16,342,106 <TOTAL-INTEREST-ON-BONDS> 13,011,069 <CASH-FLOW-OPERATIONS> 20,605,513 <EPS-PRIMARY> 0 <EPS-DILUTED> 0