<ARTICLE> UT <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,242,479 <OTHER-PROPERTY-AND-INVEST> 941,659 <TOTAL-CURRENT-ASSETS> 493,278 <TOTAL-DEFERRED-CHARGES> 2,378,180 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 5,055,596 <COMMON> 73,119 <CAPITAL-SURPLUS-PAID-IN> 925,051 <RETAINED-EARNINGS> 850,675 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,478,102<F1> <PREFERRED-MANDATORY> 4,500 <PREFERRED> 250,222<F2> <LONG-TERM-DEBT-NET> 1,366,440 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 4,375 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 80,321 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 41,047 <LEASES-CURRENT> 19,989 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,810,600 <TOT-CAPITALIZATION-AND-LIAB> 5,055,596 <GROSS-OPERATING-REVENUE> 941,805 <INCOME-TAX-EXPENSE> 66,685<F3> <OTHER-OPERATING-EXPENSES> 731,797 <TOTAL-OPERATING-EXPENSES> 731,797 <OPERATING-INCOME-LOSS> 210,008 <OTHER-INCOME-NET> 86,620 <INCOME-BEFORE-INTEREST-EXPEN> 296,628 <TOTAL-INTEREST-EXPENSE> 82,540<F4> <NET-INCOME> 147,403<F5> <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 147,403 <COMMON-STOCK-DIVIDENDS> 83,930 <TOTAL-INTEREST-ON-BONDS> 61,142 <CASH-FLOW-OPERATIONS> 243,460 <EPS-PRIMARY> 1.90<F6> <EPS-DILUTED> 1.85<F6> <FN> <F1>Includes $(370,743) of Treasury Stock at cost <F2>Includes $13,010 of Preference Stock <F3>Non-Operating Expense <F4>Includes $12,518 of Preferred and Preference Stock Dividends <F5>Excludes $82,548 extraordinary restructuring charge <F6>Excludes $1.06 loss per share re:<F5> </FN>