<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRP TRANSFERRED BUSINESSES FINANCIAL STATEMENTS AT SEPTEMBER 30, 1997 AND DECEMBER 31, 1996 AND FOR THE 9 AND 12 MONTHS THEN ENDED, RESPECTIVELY, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS YEAR <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-END> SEP-30-1997 DEC-31-1996 <CASH> 2,572 3,116 <SECURITIES> 0 0 <RECEIVABLES> 21,878 27,402 <ALLOWANCES> 0 0 <INVENTORY> 33,335 30,073 <CURRENT-ASSETS> 71,362 83,204 <PP&E> 918,870 916,858 <DEPRECIATION> 826,308 381,205 <TOTAL-ASSETS> 178,581 633,620 <CURRENT-LIABILITIES> 44,157 57,410 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 178,581 633,620 <SALES> 158,304 221,426 <TOTAL-REVENUES> 158,304 221,426 <CGS> 577,967 198,782 <TOTAL-COSTS> 577,967 198,782 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0 0 <INCOME-PRETAX> (425,171) 12,392 <INCOME-TAX> 0 0 <INCOME-CONTINUING> (425,171) 12,392 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (425,171) 12,392 <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0