TABLE 7:  PUBLIC UTILITY TAX:
                                        GROSS INCOME, TAXABLE INCOME & TAX DUE
                                        STATEWIDE AMOUNTS BY INDUSTRY
                                        4TH QUARTER, 1995
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                                                 OPERATING INCOME SUBJECT TO TAX                 ACCRUED
       TYPE OF UTILITY                           GROSS                    TAXABLE               STATE TAX
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WATER DISTRIBUTION...........    5.029%      $108,027,352              $101,668,361             $5,105,973
  WATER SUPPLY...............                  90,255,231                84,437,641              4,240,795
  MISCELLANEOUS..............                  17,772,121                17,230,720                865,178

SEWER COLLECTION.............    3.852         74,831,079                46,708,586              1,799,014
  SEWERAGE SYSTEMS...........                  40,932,470                24,331,112                937,207
  MISCELLANEOUS..............                  33,898,609                22,377,474                861,807

RAILROADS/EXPRESS/CAR CO.....    3.852         16,036,488                 3,367,620                129,711
  RAILROADS..................                   2,440,268                 1,803,300                 69,463
  MISCELLANEOUS..............                  13,596,220                 1,564,320                 60,248

POWER........................    3.873        973,058,395               816,799,141             31,634,597

GAS DISTRIBUTION/TELEGRAPH...    3.852        177,540,659               176,925,972              6,815,186
  TELEGRAPH..................                       9,929                     9,736                    376
  GAS........................                 153,590,877               153,056,432              5,895,735
  GAS/ELECTRIC...............                  21,897,565                21,823,775                840,651
  MISCELLANEOUS..............                   2,042,288                 2,036,029                 78,424

MOTOR TRANSPORTATION.........    1.926        902,715,036               179,875,802              3,459,958
  MANUFACTURING..............                  28,294,222                13,713,600                263,849
  LOCAL/SUBURBAN TRANSIT.....                  22,829,173                 5,267,860                101,120
  TRUCKING...................                 781,111,009               133,883,434              2,575,897
  MISCELLANEOUS..............                  70,480,632                27,010,908                519,092

URBAN TRANSPORTATION.........    0.642        100,273,542                76,917,565                493,251
  LOCAL/SUBURBAN TRANSIT.....                  30,291,448                15,297,397                 97,969
  TRUCKING...................                  49,404,867                44,148,219                283,365
  MISCELLANEOUS..............                  20,577,227                17,471,949                111,917

OTHER PUBLIC SERVICE.........    1.926        252,511,685                87,014,360              1,675,599
  WATER TRANSPORT............                  74,063,919                21,862,174                421,065
  MISCELLANEOUS..............                 178,447,766                65,152,186              1,254,534

TOTAL........................              $2,604,994,236            $1,489,277,407            $51,113,289
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