<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Condensed Consolidated Statement of Financial Condition as of September 30, 1996
(unaudited) and the Condensed Consolidated Statement of Income for the Three
Months Ended September 30, 1996 (unaudited) and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JUL-01-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                          16,200
<SECURITIES>                                     5,900
<RECEIVABLES>                                  126,900
<ALLOWANCES>                                         0
<INVENTORY>                                    109,300
<CURRENT-ASSETS>                               271,500
<PP&E>                                         905,600
<DEPRECIATION>                                 357,700
<TOTAL-ASSETS>                               1,666,100
<CURRENT-LIABILITIES>                          290,300
<BONDS>                                      1,032,100
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           200
<OTHER-SE>                                     636,100
<TOTAL-LIABILITY-AND-EQUITY>                 1,666,100
<SALES>                                        387,700
<TOTAL-REVENUES>                               387,700
<CGS>                                          308,100
<TOTAL-COSTS>                                  308,100
<OTHER-EXPENSES>                                46,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               7,000
<INCOME-PRETAX>                                 26,600
<INCOME-TAX>                                     7,800
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    18,800
<EPS-PRIMARY>                                      .80
<EPS-DILUTED>                                      .80