SYSTEM FUELS INC
U-1/A, 1994-02-02
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                                             File No. 70-8331
                                                             
               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549
                                
                            FORM U-1
               __________________________________
                                
                         AMENDMENT NO. 1
                                
                               TO
                                
                     APPLICATION-DECLARATION
                                
                            UNDER THE
                                
           PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
               __________________________________
                                
System Fuels, Inc.                 Entergy Corporation
639 Loyola Avenue                  225 Baronne Street
New Orleans, Louisiana 70113       New Orleans, Louisiana 70112

          (Names of companies filing this statement and
            addresses of principal executive offices)
               __________________________________
                                
                       Entergy Corporation
                                
             (Name of top registered holding company
             parent of each applicant or declarant)
               __________________________________
                                
Glenn E. Harder                    Glenn E. Harder
Treasurer                          Treasurer
Entergy Corporation                System Fuels, Inc.
225 Baronne Street                 639 Loyola Avenue
New Orleans, Louisiana 70112       New Orleans, Louisiana 70113

           (Names and addresses of agents for service)
               __________________________________
                                
     The Commission is also requested to send copies of any
        communications in connection with this matter to:
                                
Gary S. Hofman                     Thomas J. Igoe, Jr., Esq.
Entergy Services, Inc.             Reid & Priest
639 Loyola Avenue                  40 West 57th Street
New Orleans, Louisiana  70113      New York, New York  10019

                    Laurence M. Hamric, Esq.
                    General Attorney -
                    Corporate and Securities
                    Entergy Services, Inc.
                    225 Baronne Street
                    New Orleans, Louisiana  70112
<PAGE>

Item 1.   Description of Proposed Transactions.

          The fifth paragraph of Section A. General of Item 1

of the Application-Declaration is hereby supplemented to

include the following at the end of such paragraph:

"As of September 30, 1993 the Parents' investments in SFI

totalled $34,020,000 consisting of (a) $20,000 in common

stock (200 shares at $100 per share) (see File No. 70-5015

and the Commission's order with respect thereto, dated

December 17, 1971 (HCAR No. 17400)) and (b) $34,000,000 in

aggregate principal amount of promissory notes due December

31, 2008 (see File No. 70-6097 and the Commission's orders

with respect thereto, dated January 4, 1978 (HCAR No. 20363)

and December 23, 1982 (HCAR No. 22800))."

<PAGE>

                           SIGNATURES

                                

          Pursuant to the requirements of the Public Utility

Holding Company Act of 1935, the undersigned companies have

duly caused this amendment to be signed on their behalf by

the undersigned thereunto duly authorized.



                              SYSTEM FUELS, INC.


                              By:    /s/ Glenn E. Harder
                                        Glenn E. Harder
                                    Treasurer and Assistant
                                         Secretary


                              ENTERGY CORPORATION


                              By:   /s/ Glenn E. Harder
                                       Glenn E. Harder
                                         Treasurer


Dated:    February 2, 1994



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