TABLE 7:  PUBLIC UTILITY TAX:
                             GROSS INCOME, TAXABLE INCOME & TAXDUE
                             STATEWIDE AMOUNTS BY INDUSTRY
                             3RD QUARTER 1995
__________________________________________________________________________________________
__________________________________________________________________________________________
                                             OPERATING INCOME SUBJECT TO TAX      ACCRUED
       TYPE OF UTILITY                           GROSS            TAXABLE        STATE TAX
__________________________________________________________________________________________

WATER DISTRIBUTION...........    5.029%      $142,062,803      $132,720,402     $6,673,807
  WATER SUPPLY ..............                 121,817,192       112,629,278      5,663,676
  MISCELLANEOUS .............                  20,245,611        20,091,124      1,010,131

SEWER COLLECTION.............    3.852         75,455,936        40,565,856      1,562,615
  SEWERAGE SYSTEMS...........                  41,708,916        18,351,917        706,914
  MISCELLANEOUS .............                  33,747,020        22,213,939        855,701

RAILROADS/EXPRESS/CAR.CO.....    3.852          6,471,352         2,196,986         84,629
  RAILROADS .................                   2,305,433         1,531,676         59,001
  MISCELLANEOUS .............                   4,165,919           665,310         25,628

POWER .......................    3.873        791,582,907       656,742,155     25,435,622

GAS DISTRIBUTION/TELEGRAPH ..    3.852         99,041,194        98,167,669      3,781,371
  TELEGRAPH .................                      13,570            13,394            516
  GAS .......................                  74,723,891        73,922,965      2,847,514
  GAS/ELECTRIC ..............                   9,007,734         8,944,997        344,560
  MISCELLANEOUS .............                  15,295,999        15,286,313        588,781

MOTOR TRANSPORTATION ........    1.926        587,997,008       181,650,655      3,496,598
  MANUFACTURING .............                  27,214,554        14,907,354        287,019
  LOCAL/SUBURBAN TRANSIT ....                  26,378,000         6,068,721        116,656
  TRUCKING ..................                 398,236,387       131,686,763      2,535,351
  MISCELLANEOUS .............                 136,168,067        28,987,817        557,572

URBAN TRANSPORTATION ........    0.642         89,934,855        67,429,018        432,607
  LOCAL/SUBURBAN TRANSIT ....                  25,366,150        10,899,371         69,865
  TRUCKING ..................                  45,891,971        40,149,602        257,694
  MISCELLANEOUS .............                  18,676,734        16,380,045        105,048

OTHER PUBLIC SERVICE ........    1.926        257,908,481        50,971,562        981,616
  WATER TRANSPORT ...........                 101,857,457        23,709,362        456,645
  MISCELLANEOUS .............                 156,051,024        27,262,200        524,971

TOTAL........................              $2,050,454,536    $1,230,444,303    $42,448,865
__________________________________________________________________________________________

                                            60