<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (A)The Balance Sheet, Income Statement and Cash Flow Statement for the 3 months ended Dec. 31, 1997, (B)Notes to Consolidated Condensed Financial Statements appearing on page 7 of form 10-Q for the three months ended December 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-START> OCT-1-1997 <PERIOD-END> DEC-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 39,529,589 <OTHER-PROPERTY-AND-INVEST> 4,725,358 <TOTAL-CURRENT-ASSETS> 15,450,301 <TOTAL-DEFERRED-CHARGES> 947,682 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 60,652,930 <COMMON> 1,834,445 <CAPITAL-SURPLUS-PAID-IN> 4,970,728 <RETAINED-EARNINGS> 11,241,177 <TOTAL-COMMON-STOCKHOLDERS-EQ> 18,046,350 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 19,500,000 <SHORT-TERM-NOTES> 10,400,000 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 12,706,580 <TOT-CAPITALIZATION-AND-LIAB> 60,652,930 <GROSS-OPERATING-REVENUE> 11,272,777 <INCOME-TAX-EXPENSE> 486,199 <OTHER-OPERATING-EXPENSES> 9,995,278 <TOTAL-OPERATING-EXPENSES> 10,481,477 <OPERATING-INCOME-LOSS> 791,300 <OTHER-INCOME-NET> 245,204 <INCOME-BEFORE-INTEREST-EXPEN> 1,036,504 <TOTAL-INTEREST-EXPENSE> 488,637 <NET-INCOME> 547,867 <PREFERRED-STOCK-DIVIDENDS> 0 <EARNINGS-AVAILABLE-FOR-COMM> 4,547,867 <COMMON-STOCK-DIVIDENDS> 0 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 263,030 <EPS-PRIMARY> .27 <EPS-DILUTED> .27