<ARTICLE> 5
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               APR-30-1996
<CASH>                                             223
<SECURITIES>                                       528
<RECEIVABLES>                                     1833
<ALLOWANCES>                                      (28)
<INVENTORY>                                        600
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                            1506
<DEPRECIATION>                                   (803)
<TOTAL-ASSETS>                                    5443
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                           1504
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        244
<COMMON>                                          2132
<OTHER-SE>                                      (1478)
<TOTAL-LIABILITY-AND-EQUITY>                      5443
<SALES>                                           1423
<TOTAL-REVENUES>                                  1480
<CGS>                                             1230
<TOTAL-COSTS>                                     1438
<OTHER-EXPENSES>                                    54
<LOSS-PROVISION>                                     6
<INTEREST-EXPENSE>                                  23
<INCOME-PRETAX>                                     42
<INCOME-TAX>                                      (16)
<INCOME-CONTINUING>                                 26
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        26
<EPS-PRIMARY>                                      .26
<EPS-DILUTED>                                      .26
<FN>
<F1>The company has adopted an unclassified presentation in the Statement of
Financial Condition.
</FN>