<ARTICLE> UT <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 475,990 <OTHER-PROPERTY-AND-INVEST> 8,708 <TOTAL-CURRENT-ASSETS> 132,910 <TOTAL-DEFERRED-CHARGES> 31,382 <OTHER-ASSETS> 49,506 <TOTAL-ASSETS> 698,496 <COMMON> 44,691 <CAPITAL-SURPLUS-PAID-IN> 101,379 <RETAINED-EARNINGS> 102,761 <TOTAL-COMMON-STOCKHOLDERS-EQ> 248,831 <PREFERRED-MANDATORY> 0 <PREFERRED> 5,047 <LONG-TERM-DEBT-NET> 209,500 <SHORT-TERM-NOTES> 41,000 <LONG-TERM-NOTES-PAYABLE> 196,500 <COMMERCIAL-PAPER-OBLIGATIONS> 13,000 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 1,025 <LEASES-CURRENT> 1,151 <OTHER-ITEMS-CAPITAL-AND-LIAB> 193,093 <TOT-CAPITALIZATION-AND-LIAB> 698,496 <GROSS-OPERATING-REVENUE> 181,296 <INCOME-TAX-EXPENSE> 14,693 <OTHER-OPERATING-EXPENSES> 140,445 <TOTAL-OPERATING-EXPENSES> 155,138 <OPERATING-INCOME-LOSS> 26,158 <OTHER-INCOME-NET> 1,414 <INCOME-BEFORE-INTEREST-EXPEN> 27,572 <TOTAL-INTEREST-EXPENSE> 4,027 <NET-INCOME> 23,545 <PREFERRED-STOCK-DIVIDENDS> 75 <EARNINGS-AVAILABLE-FOR-COMM> 23,470 <COMMON-STOCK-DIVIDENDS> 5,026 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> (2,545) <EPS-PRIMARY> 2.82 <EPS-DILUTED> 2.82