<ARTICLE> UT <PERIOD-TYPE> 12-mos <FISCAL-YEAR-END> Aug-31-1996 <PERIOD-END> Aug-31-1996 <BOOK-VALUE> Per-Book <TOTAL-NET-UTILITY-PLANT> 1,621,746 <OTHER-PROPERTY-AND-INVEST> 71,855 <TOTAL-CURRENT-ASSETS> 168,492 <TOTAL-DEFERRED-CHARGES> 135,724 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,997,817 <COMMON> 40,918 <CAPITAL-SURPLUS-PAID-IN> 307,484 <RETAINED-EARNINGS> 386,717 <TOTAL-COMMON-STOCKHOLDERS-EQ> 735,119 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 622,931 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 69,624 <LONG-TERM-DEBT-CURRENT-PORT> 15,176 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 554,967 <TOT-CAPITALIZATION-AND-LIAB> 1,997,817 <GROSS-OPERATING-REVENUE> 899,397 <INCOME-TAX-EXPENSE> 59,880 <OTHER-OPERATING-EXPENSES> 688,851 <TOTAL-OPERATING-EXPENSES> 748,731 <OPERATING-INCOME-LOSS> 150,666 <OTHER-INCOME-NET> 4,693 <INCOME-BEFORE-INTEREST-EXPEN> 155,359 <TOTAL-INTEREST-EXPENSE> 49,586 <NET-INCOME> 105,773 <PREFERRED-STOCK-DIVIDENDS> 2,494 <EARNINGS-AVAILABLE-FOR-COMM> 103,279 <COMMON-STOCK-DIVIDENDS> 90,020 <TOTAL-INTEREST-ON-BONDS> 44,863 <CASH-FLOW-OPERATIONS> 180,086 <EPS-PRIMARY> 2.52 <EPS-DILUTED> 0