IES INDUSTRIES INC
8-K, 1996-02-20
ELECTRIC & OTHER SERVICES COMBINED
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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 of earliest event reported):  February 9, 1996




                        IES INDUSTRIES INC.
     (Exact name of registrant as specified in its charter)





    Iowa                            1-9187              42-1271452
(State or other jurisdiction      (Commission        (I.R.S. Employer
 of incorporation)                 File No.)          Identification No.)



IES Tower, Cedar Rapids, Iowa                              52401
(Address of principal executive offices)                (Zip Code)



Registrant's telephone number, including area code: 319-398-4411



Item 5.  Other Events.


      Blake  O.  Fisher,  Jr., Executive Vice President  &  Chief
Financial  Officer of IES Industries Inc. has resigned  effective
February 21, 1996.



      The  Press  Release  announcing Mr. Fisher's  departure  is
attached.



Item 7. Financial Statements, Pro Forma Financial Information and
        Exhibits.



(c)  Exhibits

     99   Press Release dated February 9, 1996.




                          SIGNATURES
                               
                               

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





                                       IES INDUSTRIES INC.
                                          (Registrant)




               By /s/                       Lee Liu
                                          (Signature)
                                            Lee Liu
                               Chairman of the Board, President &
                                    Chief Executive Officer


Date        February 20, 1996




                                                       EXHIBIT 99

For Release: February 9, 1996

Contact: Diane Ramsey
         (319) 398-7288


     IES INDUSTRIES ANNOUNCES ORGANIZATIONAL CHANGES

     CEDAR RAPIDS, IOWA  IES Industries Inc., a Cedar Rapids,
Iowa-based holding company, has announced that Blake O. Fisher
Jr., Executive Vice President & Chief Financial Officer of IES
Industries and President, Chief Operating Officer & Chief
Financial Officer of IES Utilities Inc., has resigned to pursue
other career opportunities.  His last day with the company will
be February 21, 1996.
     Lee Liu, Chairman of the Board, President & Chief Executive
Officer of IES Industries, and Chairman of the Board & Chief
Executive Officer of IES Utilities, will resume operational
responsibilities for both companies.





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