<ARTICLE> UT
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE REGISTRANT'S JUNE 30, 1998 UNAUDITED BALANCE SHEET, INCOME
STATEMENT AND CASH FLOW STATEMENT, AND NOTES THERETO, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                   13,640,391
<OTHER-PROPERTY-AND-INVEST>                          0
<TOTAL-CURRENT-ASSETS>                       1,044,844
<TOTAL-DEFERRED-CHARGES>                     1,065,061
<OTHER-ASSETS>                               1,003,023
<TOTAL-ASSETS>                              16,753,319
<COMMON>                                     2,344,542
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                          2,642,558
<TOTAL-COMMON-STOCKHOLDERS-EQ>               4,987,100
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<LONG-TERM-DEBT-NET>                         5,624,500
<SHORT-TERM-NOTES>                                   0
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                  169,000
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>               5,972,719
<TOT-CAPITALIZATION-AND-LIAB>               16,753,319
<GROSS-OPERATING-REVENUE>                    2,125,018
<INCOME-TAX-EXPENSE>                            79,745
<OTHER-OPERATING-EXPENSES>                   1,634,511
<TOTAL-OPERATING-EXPENSES>                   1,714,256
<OPERATING-INCOME-LOSS>                        410,762
<OTHER-INCOME-NET>                             947,473
<INCOME-BEFORE-INTEREST-EXPEN>               1,358,235
<TOTAL-INTEREST-EXPENSE>                       287,067
<NET-INCOME>                                 1,071,168
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                1,071,168
<COMMON-STOCK-DIVIDENDS>                       259,977
<TOTAL-INTEREST-ON-BONDS>                            0<F1>
<CASH-FLOW-OPERATIONS>                         358,450
<EPS-PRIMARY>                                     1.40
<EPS-DILUTED>                                     1.37
<FN>
<F1>Not reported on an interim basis.
</FN>