<TABLE> <S> <C>


<ARTICLE>                                           UT
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
September 30, 1997  Financial  Statements of IES Utilities Inc. and is qualified
in its entirerty by reference to such Financial Statements.  Certain adjustments
have been made to the prior  amounts as part of the  restatement  to reflect the
pooling of interests transaction.
</LEGEND>
<RESTATED>
<CIK>                         0000052485
<NAME>                        IES UTILITES INC.
<MULTIPLIER>                                   1,000
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   SEP-30-1997
<BOOK-VALUE>                                   PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      1,353,941
<OTHER-PROPERTY-AND-INVEST>                    85,040       
<TOTAL-CURRENT-ASSETS>                         126,900      
<TOTAL-DEFERRED-CHARGES>                       11,168       
<OTHER-ASSETS>                                 174,661      
<TOTAL-ASSETS>                                 1,751,710    
<COMMON>                                       33,427       
<CAPITAL-SURPLUS-PAID-IN>                      279,042      
<RETAINED-EARNINGS>                            236,028      
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 548,497      
<PREFERRED-MANDATORY>                          0            
<PREFERRED>                                    18,320       
<LONG-TERM-DEBT-NET>                           651,781      
<SHORT-TERM-NOTES>                             0            
<LONG-TERM-NOTES-PAYABLE>                      0            
<COMMERCIAL-PAPER-OBLIGATIONS>                 0            
<LONG-TERM-DEBT-CURRENT-PORT>                  140          
<PREFERRED-STOCK-CURRENT>                      0            
<CAPITAL-LEASE-OBLIGATIONS>                    24,674       
<LEASES-CURRENT>                               13,294       
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 495,004      
<TOT-CAPITALIZATION-AND-LIAB>                  1,751,710    
<GROSS-OPERATING-REVENUE>                      601,733      
<INCOME-TAX-EXPENSE>                           36,550  <F1> 
<OTHER-OPERATING-EXPENSES>                     478,517      
<TOTAL-OPERATING-EXPENSES>                     478,517 <F1> 
<OPERATING-INCOME-LOSS>                        123,216      
<OTHER-INCOME-NET>                             (843)        
<INCOME-BEFORE-INTEREST-EXPEN>                 122,373      
<TOTAL-INTEREST-EXPENSE>                       38,446       
<NET-INCOME>                                   47,377       
<PREFERRED-STOCK-DIVIDENDS>                    686          
<EARNINGS-AVAILABLE-FOR-COMM>                  46,691       
<COMMON-STOCK-DIVIDENDS>                       42,000       
<TOTAL-INTEREST-ON-BONDS>                      46,711       
<CASH-FLOW-OPERATIONS>                         152,640      
<EPS-PRIMARY>                                  0       <F2>
<EPS-DILUTED>                                  0       <F2>
<FN>
<F1> Income  tax  expense  is  not  included  in  Operating  Expense  in the
      Consolidated Statements of Income.
<F2> Earnings per share of common stock is not reflected because all common
       shares are held by Interstate Energy Corporation.
</FN>
        

</TABLE>