<ARTICLE> UT <LEGEND> PUBLIC UTILITY COMPANIES AND PUBLIC UTILITY HOLDING COMPANIES (THOUSANDS OF DOLLARS) FISCAL YEAR ENDED DECEMBER 31, 1996 FOR PERIOD JANUARY 1, 1996 THROUGH MARCH 31, 1996 THREE MONTHS ENDED </LEGEND> <MULTIPLIER> 1000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 4639626 <OTHER-PROPERTY-AND-INVEST> 104355 <TOTAL-CURRENT-ASSETS> 290443 <TOTAL-DEFERRED-CHARGES> 1351001 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 6385425 <COMMON> 178162 <CAPITAL-SURPLUS-PAID-IN> 1039515 <RETAINED-EARNINGS> 402472 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1620149 <PREFERRED-MANDATORY> 72000 <PREFERRED> 174089 <LONG-TERM-DEBT-NET> 1961679 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 159600 <LONG-TERM-DEBT-CURRENT-PORT> 153512 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2244396 <TOT-CAPITALIZATION-AND-LIAB> 6385425 <GROSS-OPERATING-REVENUE> 345261 <INCOME-TAX-EXPENSE> 31359 <OTHER-OPERATING-EXPENSES> 236380 <TOTAL-OPERATING-EXPENSES> 267739 <OPERATING-INCOME-LOSS> 77522 <OTHER-INCOME-NET> 7034 <INCOME-BEFORE-INTEREST-EXPEN> 84556 <TOTAL-INTEREST-EXPENSE> 38950 <NET-INCOME> 45606 <PREFERRED-STOCK-DIVIDENDS> 4477 <EARNINGS-AVAILABLE-FOR-COMM> 41129 <COMMON-STOCK-DIVIDENDS> 42500 <TOTAL-INTEREST-ON-BONDS> 36253 <CASH-FLOW-OPERATIONS> 183936 <EPS-PRIMARY> 0 <EPS-DILUTED> 0