<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from SEC form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000081033 <NAME> PUBLIC SERVICE ELECTRIC AND GAS COMPANY <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 11,100,113 <OTHER-PROPERTY-AND-INVEST> 585,202 <TOTAL-CURRENT-ASSETS> 1,482,937 <TOTAL-DEFERRED-CHARGES> 1,698,994 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 14,867,246 <COMMON> 2,563,003 <CAPITAL-SURPLUS-PAID-IN> 594,395 <RETAINED-EARNINGS> 1,326,675 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,484,073 <PREFERRED-MANDATORY> 588,000 <PREFERRED> 94,523 <LONG-TERM-DEBT-NET> 4,141,444 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 861,991 <LONG-TERM-DEBT-CURRENT-PORT> 391,862 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 51,969 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 4,253,384 <TOT-CAPITALIZATION-AND-LIAB> 14,867,246 <GROSS-OPERATING-REVENUE> 2,964,502 <INCOME-TAX-EXPENSE> 122,127 <F1> <OTHER-OPERATING-EXPENSES> 2,329,042 <TOTAL-OPERATING-EXPENSES> 2,477,354 <OPERATING-INCOME-LOSS> 487,148 <OTHER-INCOME-NET> (49,009) <INCOME-BEFORE-INTEREST-EXPEN> 438,049 <TOTAL-INTEREST-EXPENSE> 218,362 <F2> <NET-INCOME> 227,353 <PREFERRED-STOCK-DIVIDENDS> 7,171 <EARNINGS-AVAILABLE-FOR-COMM> 217,010 <COMMON-STOCK-DIVIDENDS> 252,100 <TOTAL-INTEREST-ON-BONDS> 165,471 <CASH-FLOW-OPERATIONS> 288,893 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>State Income Taxes of $837 and Federal Income Taxes for Other Income of $(26,185) were incorporated into this line item for FDS purposes. In the referenced financial statements, State Income Taxes are included in Taxes - Other and Total Other Income and Deductions are net of the above applicable federal income taxes. <F2>Total interest expense includes Preferred Securities Dividend Requirements. </FN>