TABLE 7:  PUBLIC UTILITY TAX:
                             GROSS INCOME, TAXABLE INCOME & TAXDUE
                             STATEWIDE AMOUNTS BY INDUSTRY
                             1ST QUARTER 1996
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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%       $92,178,216       $87,906,237     $4,420,636
  WATER SUPPLY ..............                  78,410,700        74,440,274      3,743,539
  MISCELLANEOUS .............                  13,767,516        13,465,963        677,097

SEWER COLLECTION.............    3.852         80,947,780        37,807,450      1,456,301
  SEWERAGE SYSTEMS...........                  42,458,856        18,318,884        705,646
  MISCELLANEOUS .............                  38,488,924        19,488,566        750,655

RAILROADS/EXPRESS/CAR.CO.....    3.852          5,463,342         1,950,037         75,114
  RAILROADS .................                   2,152,363         1,388,310         53,477
  MISCELLANEOUS .............                   3,310,979           561,727         21,637

POWER .......................    3.873      1,110,407,620       971,055,465     37,608,974

GAS DISTRIBUTION/TELEGRAPH ..    3.852        262,550,219       262,277,355     10,102,920
  TELEGRAPH .................                      16,237            16,237            626
  GAS .......................                 228,329,395       228,141,612      8,788,014
  GAS/ELECTRIC ..............                  32,561,947        32,488,683      1,251,463
  MISCELLANEOUS .............                   1,642,640         1,630,823         62,817

MOTOR TRANSPORTATION ........    1.926        639,052,223       139,418,161      2,683,185
  MANUFACTURING .............                  23,306,291        11,723,715        225,710
  LOCAL/SUBURBAN TRANSIT ....                  22,869,151         4,705,154         90,468
  TRUCKING ..................                 477,002,462       102,148,090      1,966,317
  MISCELLANEOUS .............                 115,874,319        20,841,202        400,690

URBAN TRANSPORTATION ........    0.642         80,446,489        59,976,106        384,771
  LOCAL/SUBURBAN TRANSIT ....                  23,504,598         9,960,778         63,868
  TRUCKING ..................                  41,537,494        36,555,868        234,570
  MISCELLANEOUS .............                  15,404,397        13,459,460         86,333

OTHER PUBLIC SERVICE ........    1.926        180,600,769        45,077,974        868,087
  WATER TRANSPORT ...........                  58,609,522        23,619,045        454,903
  MISCELLANEOUS .............                 121,991,247        21,458,929        413,184

TOTAL........................              $2,451,646,658    $1,605,468,785    $57,599,988
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