<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Company's and HL&P's financial statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000202131 <NAME> Houston Industries, Inc. <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 8,524,354 <OTHER-PROPERTY-AND-INVEST> 1,783,409 <TOTAL-CURRENT-ASSETS> 297,371 <TOTAL-DEFERRED-CHARGES> 1,691,103 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 12,296,237 <COMMON> 1,850,582 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 2,003,194 <TOTAL-COMMON-STOCKHOLDERS-EQ> 3,853,776 <PREFERRED-MANDATORY> 0 <PREFERRED> 9,740 <LONG-TERM-DEBT-NET> 3,119,228 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 13,211 <COMMERCIAL-PAPER-OBLIGATIONS> 1,288,598 <LONG-TERM-DEBT-CURRENT-PORT> 40,130 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 1,442 <LEASES-CURRENT> 999 <OTHER-ITEMS-CAPITAL-AND-LIAB> 3,969,113 <TOT-CAPITALIZATION-AND-LIAB> 12,296,237 <GROSS-OPERATING-REVENUE> 1,942,549 <INCOME-TAX-EXPENSE> 71,040 <OTHER-OPERATING-EXPENSES> 1,539,161 <TOTAL-OPERATING-EXPENSES> 1,539,161 <OPERATING-INCOME-LOSS> 403,388 <OTHER-INCOME-NET> 18,972 <INCOME-BEFORE-INTEREST-EXPEN> 422,360 <TOTAL-INTEREST-EXPENSE> 168,015 <NET-INCOME> 183,305 <PREFERRED-STOCK-DIVIDENDS> 2,222 <EARNINGS-AVAILABLE-FOR-COMM> 181,083 <COMMON-STOCK-DIVIDENDS> 175,379 <TOTAL-INTEREST-ON-BONDS> 102,608<F1> <CASH-FLOW-OPERATIONS> 416,448 <EPS-PRIMARY> .77 <EPS-DILUTED> .77 <FN> <F1>Total annual interest charges on all bonds for year-to-date 6/30/97. </FN>