<ARTICLE> 5 <LEGEND> Appendix A to Item 601(c) of Regulation S-K Commercial and Industrial Companies Article 5 of Regulation S-X </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 4,870,254 <SECURITIES> 591,318 <RECEIVABLES> 8,436,357 <ALLOWANCES> 100,000 <INVENTORY> 2,150,327 <CURRENT-ASSETS> 17,782,253 <PP&E> 138,566,551 <DEPRECIATION> 76,288,719 <TOTAL-ASSETS> 112,089,740 <CURRENT-LIABILITIES> 14,611,349 <BONDS> 2,324,000 <COMMON> 27,338,375 <PREFERRED-MANDATORY> 162,500 <PREFERRED> 1,692,641 <OTHER-SE> 1,248,083 <TOTAL-LIABILITY-AND-EQUITY> 112,089,740 <SALES> 0 <TOTAL-REVENUES> 28,549,273 <CGS> 0 <TOTAL-COSTS> 21,245,775 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 557,450 <INCOME-PRETAX> 8,964,468 <INCOME-TAX> 3,544,456 <INCOME-CONTINUING> 5,420,012 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,420,012 <EPS-PRIMARY> 3.62 <EPS-DILUTED> 3.59