<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> SEP-30-1997 <CASH> 77,676 <SECURITIES> 383,155 <RECEIVABLES> 14,901,850 <ALLOWANCES> (100,000) <INVENTORY> 3,977,830 <CURRENT-ASSETS> 20,081,258 <PP&E> 165,883,588 <DEPRECIATION> 84,336,337 <TOTAL-ASSETS> 132,325,395 <CURRENT-LIABILITIES> 12,884,670 <BONDS> 11,049,000 <PREFERRED-MANDATORY> 150,000 <PREFERRED> 1,692,641 <COMMON> 28,293,797 <OTHER-SE> 27,003 <TOTAL-LIABILITY-AND-EQUITY> 89,974,351 <SALES> 57,518,499 <TOTAL-REVENUES> 57,518,499 <CGS> 19,104,617 <TOTAL-COSTS> 8,731,893 <OTHER-EXPENSES> 7,687,731 <LOSS-PROVISION> (280,952) <INTEREST-EXPENSE> 517,055 <INCOME-PRETAX> 14,384,796 <INCOME-TAX> 5,650,796 <INCOME-CONTINUING> 8,734,000 <DISCONTINUED> 0 <EXTRAORDINARY> 2,239,045 <CHANGES> 0 <NET-INCOME> 10,973,045 <EPS-PRIMARY> 4.88 <EPS-DILUTED> 4.82