SEC Filings
10-Q
SOUTHERN UNION CO filed this Form 10-Q on 11/10/1997
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                SOUTHERN UNION COMPANY AND SUBSIDIARIES

            CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY



                               Trea-            Unrea- 
               Common  Premium sury             lized
               Stock,     on   Stock,          Holding
               $ Par   Capital   at   Retained  Gain/
               Value    Stock   Cost  Earnings (Loss)    Total
              ------- -------- ------ -------- -------  --------
                            (thousands of dollars)

Balance
 July 1, 
 1996........ $16,275 $206,047 $(794) $ 25,631 $(1,244) $245,915

 Net
  earnings...    --       --     --     19,032    --      19,032

 5% stock
  dividend...     813   18,681   --    (19,494)   --        --

 Change in
  unrealized
  holding
  gain or
  loss.......    --       --     --       --     1,908     1,908

 Exercise of
  stock
  options....      83      524   --       --      --         607
              ------- -------- -----  -------- -------  --------

Balance
 June 30,
 1997........  17,171  225,252  (794)   25,169     664   267,462

 Net loss....    --       --     --     (4,909)   --      (4,909)

 Change in
  unrealized
  holding
  gain or
  loss.......    --       --     --       --      (664)     (664)

 Exercise of
  stock
  options....       3       15   --       --      --          18
              ------- -------- -----  -------- -------  --------

Balance
 September 30,
 1997........ $17,174 $225,267 $(794) $ 20,260 $  --    $261,907
              ======= ======== =====  ======== =======  ========


                      See accompanying notes.


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