<ARTICLE> UT <CIK> 0000032379 <NAME> ELIZABETHTOWN WATER CO <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 583,462 <OTHER-PROPERTY-AND-INVEST> 80 <TOTAL-CURRENT-ASSETS> 33,398 <TOTAL-DEFERRED-CHARGES> 37,910 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 654,850 <COMMON> 15,741 <CAPITAL-SURPLUS-PAID-IN> 128,284 <RETAINED-EARNINGS> 55,117 <TOTAL-COMMON-STOCKHOLDERS-EQ> 199,142 <PREFERRED-MANDATORY> 0 <PREFERRED> 12,000 <LONG-TERM-DEBT-NET> 231,955 <SHORT-TERM-NOTES> 15,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 30 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 196,723 <TOT-CAPITALIZATION-AND-LIAB> 654,850 <GROSS-OPERATING-REVENUE> 32,739 <INCOME-TAX-EXPENSE> 2,892 <OTHER-OPERATING-EXPENSES> 20,513 <TOTAL-OPERATING-EXPENSES> 23,405 <OPERATING-INCOME-LOSS> 9,334 <OTHER-INCOME-NET> 231 <INCOME-BEFORE-INTEREST-EXPEN> 9,565 <TOTAL-INTEREST-EXPENSE> 3,878 <NET-INCOME> 5,687 <PREFERRED-STOCK-DIVIDENDS> 203 <EARNINGS-AVAILABLE-FOR-COMM> 5,484 <COMMON-STOCK-DIVIDENDS> 4,238 <TOTAL-INTEREST-ON-BONDS> 3,713 <CASH-FLOW-OPERATIONS> 19,872 <EPS-PRIMARY> 0 <EPS-DILUTED> 0<F1> <FN> <F1>All amounts in thousands of dollars except per share amounts. </FN>