<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S AND HL&P'S FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000202131 <NAME> HOUSTON INDUSTRIES <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 8,989,667 <OTHER-PROPERTY-AND-INVEST> 86,005 <TOTAL-CURRENT-ASSETS> 340,169 <TOTAL-DEFERRED-CHARGES> 1,408,845 <OTHER-ASSETS> 701,330 <TOTAL-ASSETS> 11,526,016 <COMMON> 2,160,356 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 1,283,326 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,443,682 <PREFERRED-MANDATORY> 51,055 <PREFERRED> 351,345 <LONG-TERM-DEBT-NET> 3,556,770 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 698,165 <LONG-TERM-DEBT-CURRENT-PORT> 150,144 <PREFERRED-STOCK-CURRENT> 25,700 <CAPITAL-LEASE-OBLIGATIONS> 6,909 <LEASES-CURRENT> 3,616 <OTHER-ITEMS-CAPITAL-AND-LIAB> 3,238,630 <TOT-CAPITALIZATION-AND-LIAB> 11,526,016 <GROSS-OPERATING-REVENUE> 1,724,391 <INCOME-TAX-EXPENSE> 76,136 <OTHER-OPERATING-EXPENSES> 1,306,704 <TOTAL-OPERATING-EXPENSES> 1,306,704 <OPERATING-INCOME-LOSS> 417,687 <OTHER-INCOME-NET> (23,010) <INCOME-BEFORE-INTEREST-EXPEN> 394,677 <TOTAL-INTEREST-EXPENSE> 144,997 <NET-INCOME> 264,151 <PREFERRED-STOCK-DIVIDENDS> 16,435 <EARNINGS-AVAILABLE-FOR-COMM> 247,716 <COMMON-STOCK-DIVIDENDS> 185,611 <TOTAL-INTEREST-ON-BONDS> 122,878<F1> <CASH-FLOW-OPERATIONS> 344,066 <EPS-PRIMARY> $2.00 <EPS-DILUTED> $2.00 <FN> <F1> Total annual interest charges on all bonds for year-to-date 6/30/95. </FN>