<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONDENSED CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF EARNINGS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 2,729 <SECURITIES> 18,154 <RECEIVABLES> 81,081 <ALLOWANCES> 702 <INVENTORY> 16,585 <CURRENT-ASSETS> 134,060 <PP&E> 524,204 <DEPRECIATION> 208,010 <TOTAL-ASSETS> 522,086 <CURRENT-LIABILITIES> 91,107 <BONDS> 177,517 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,091 <OTHER-SE> 196,957 <TOTAL-LIABILITY-AND-EQUITY> 522,086 <SALES> 17,376 <TOTAL-REVENUES> 98,915 <CGS> 12,099 <TOTAL-COSTS> 67,199 <OTHER-EXPENSES> 21,943 <LOSS-PROVISION> 1 <INTEREST-EXPENSE> 3,374 <INCOME-PRETAX> 7,663 <INCOME-TAX> 2,924 <INCOME-CONTINUING> 4,739 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,739 <EPS-PRIMARY> .19 <EPS-DILUTED> .19