GULF STATES UTILITIES CO
8-K, 1995-10-25
ELECTRIC SERVICES
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               SECURITIES AND EXCHANGE COMMISSION
                                
                     Washington, D.C.  20549
                                
                            FORM 8-K
                                
                         CURRENT REPORT
                                
             Pursuant to Section 13 or 15(d) of the
                 Securities Exchange Act of 1934
                                
                                
 Date of Report (Date earliest event reported) October 25, 1995
                                
                                
Commission   Registrant, State of Incorporation,     I.R.S. Employer 
File Number  Address and Telephone Number            Identification No.

1-11299      ENTERGY CORPORATION                     13-5550175
             (a Delaware corporation)
             639 Loyola Avenue
             New Orleans, Louisiana  70113
             Telephone (504) 529-5262
             
1-2703       GULF STATES UTILITIES COMPANY           74-0662730
             (a Texas corporation)
             350 Pine Street
             Beaumont, Texas  77701
             Telephone (409) 838-6631
             
                                
<PAGE>                                


Form 8-K                                                         
October 25, 1995


Item 5.   Other Materially Important Events

          Entergy Corporation and Gulf States Utilities Company


     U.S. District Judge Frank Polozola, on Tuesday, October 24,

issued a memorandum opinion ruling in favor of Gulf States

Utilities on Cajun Electric Power Cooperative's fraud claims

involving its decision to invest in the River Bend nuclear plant.

The court also found that Cajun's claim had not been timely

filed.  In his ruling Judge Polozola said that he would issue

detailed reasons for his decision in a further written opinion to

be filed at a later date.  The court did not indicate when the

formal written opinion would be filed.
     
     Entergy's representatives, as the court and the Louisiana

Public Service Commission have urged, will continue to discuss

the possibility of settling the remaining issues in the

litigation with all parties involved.  Should settlement

discussions prove unsuccessful, the second phase of the lawsuit

involving breach of contract issues may ultimately be tried

unless Cajun's trustee in bankruptcy decides to forego the claim.
     
     Judge Polozola retains jurisdiction over the bankruptcy case

where he will decide major River Bend issues and maintaining

overall supervision of the case.  Bankruptcy Judge Gerald Schiff

will handle normal bankruptcy issues arising in the case.



<PAGE>

                            SIGNATURE
                                
                                
          Pursuant to the requirements of the Securities Exchange
Act 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.

                                 Entergy Corporation
                                 
                                 
                                 
                                 By:  /s/ Louis E. Buck, Jr.
                                        Louis E. Buck, Jr.
                                     Vice President and Chief
                                        Accounting Officer
                                                 
                                 
                                 Gulf States Utilities Company
                                 
                                 
                                 
                                 By:   /s/ Louis E. Buck, Jr.
                                        Louis E. Buck, Jr.
                                  Vice President, Chief Accounting
                                     and Assistant Secretary
                                 
                                 
                                 
                                                 
Dated:  October 25, 1995         





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