SYSTEM FUELS INC
POS AMC, 1995-01-31
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                                             File No. 70-7574


               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549
                                
                            FORM U-1
                                
                 _______________________________
                                
                 POST-EFFECTIVE AMENDMENT NO. 9
                               to
                 APPLICATION and/or DECLARATION
                                
                              UNDER
                                
         THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
                                
                 _______________________________
                                
                       System Fuels, Inc.
                        639 Loyola Avenue
                  New Orleans, Louisiana 70113
                                
                 Arkansas Power & Light Company
                  425 West Capitol, 40th Floor
                   Little Rock, Arkansas 72201
                                
                 Louisiana Power & Light Company
                        639 Loyola Avenue
                  New Orleans, Louisiana 70113
                                
                Mississippi Power & Light Company
                          P.O. Box 1640
                 Jackson, Mississippi 39215-1640
                                
                 New Orleans Public Service Inc.
                        639 Loyola Avenue
                  New Orleans, Louisiana 70113
                                
   (Names of companies filing this statement and addresses of
                  principal executive offices)

                       Entergy Corporation
                                
             (Name of top registered holding company
           parent of each applicant and/or declarant)
                                
              _____________________________________
                                
                       Gerald D. McInvale.
        Senior Vice President and Chief Financial Officer
                       System Fuels, Inc.
                        639 Loyola Avenue
                  New Orleans, Louisiana 70113
                                
                       Gerald D. McInvale.
        Senior Vice President and Chief Financial Officer
                 Arkansas Power & Light Company
                  425 West Capitol, 40th Floor
                   Little Rock, Arkansas 72201
                                
                       Gerald D. McInvale.
        Senior Vice President and Chief Financial Officer
                 Louisiana Power & Light Company
                        639 Loyola Avenue
                  New Orleans, Louisiana 70113
                                
                       Gerald D. McInvale.
        Senior Vice President and Chief Financial Officer
                Mississippi Power & Light Company
                          P.O. Box 1640
                 Jackson, Mississippi 39215-1640
                                
                       Gerald D. McInvale.
        Senior Vice President and Chief Financial Officer
                 New Orleans Public Service Inc.
                        639 Loyola Avenue
                  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:
                                

Laurence M. Hamric, Esq.           Thomas J. Igoe, Jr., Esq.
Denise C. Redmann, Esq.            Reid & Priest LLP
639 Loyola Avenue                  40 West 57th Street
26th Floor                         New York, New York 10019
New Orleans, Louisiana 70113



<PAGE>

ITEM 1.   DESCRIPTION OF PROPOSED TRANSACTIONS


     1.   Item 1 of the Application-Declaration on Form U-1, as
heretofore amended and supplemented, is hereby further amended by
the addition of the following at the end thereof:


     "The Applicants represent that they are in compliance with
Rules 53(a),(b) and (c) under the Act.  None of the proceeds to
be received by SFI from borrowings under the Agreement with B of
A will be used to invest indirectly or directly in an "exempt
wholesale generator" or "foreign utility company", as such terms
are defined in Section 32 or 33, respectively, of the Act."




<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.
                              ARKANSAS POWER & LIGHT COMPANY
                              MISSISSIPPI POWER & LIGHT COMPANY
                              LOUISIANA POWER & LIGHT COMPANY
                              NEW ORLEANS PUBLIC SERVICE INC.



                              By:       /s/ Gerald D. McInvale
                                         Gerald D. McInvale
                                      Senior Vice President and
                                       Chief Financial Officer


Date:     January 31, 1995



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