Filed with the Securities
and Exchange Commission
on May 26, 1999
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-6B-2
Certificate of Notification
Filed by a registered holding company or
subsidiary thereof pursuant to Rule U-20-(d) [Reg.
Section 250.20, P. 36,652] or U-47 [Reg. Section
250.47, P. 36,620] adopted under the Public Utility
Holding Company Act of 1935
Certificate is filed by: Conectiv and Subsidiaries
This certificate is notice that the above named
company has issued, renewed or guaranteed the security
or securities described herein which issue, renewal or
guaranty was exempted from the provisions of Section
6(a) of the Act and was neither the subject of a
declaration or application on Form U-1 nor included
within the exemption provided by Rule U-48 [Reg.
Section 250.48, P. 36,621].
1. Type of the security or securities ("draft,"
promissory note"): See Schedule I.
2. Issue, renewal or guaranty: Common Stock and Long-
Term Promissory Notes are new issues. Short-Term
Promissory Notes represent cash advances directly
from Conectiv. Money Pool Advances represent short-
term borrowings from the Conectiv System Money Pool.
3. Principal amount of each security: See Schedule I.
4. Rate of interest per annum of each security: See
Schedule I
5. Date of issue, renewal or guaranty of each security:
See Schedule I.
6. If renewal of security, give date of original
issue: Not applicable.
7. Date of maturity of each security: See Schedule I.
8. Name of the person to whom each security was issued,
renewed or guaranteed: Short-term promissory notes
are issued to Conectiv; Money Pool advances are
issued to Conectiv Resource Partners, Inc. as agent
for the Conectiv Money Pool
9. Collateral given with each security, if any: None.
10. Consideration received for each security: For
stock, consideration is par value. For debt,
consideration is principal amount.
11. Application of proceeds of each security:
General corporate funds for use in ordinary course
of business.
12. Indicate by a check after the applicable
statement below whether the issue, renewal or
guaranty of each security was exempt from the
provisions of Section 6(a) because of:
a) the provisions contained in the first sentence
of Section 6(b):
b) the provisions contained in the fourth sentence
of Section 6(b):
c) the provisions contained in any rule of the
commission other than Rule U-48: /x/
13. If the security or securities were exempt from
the provisions of Section 6(a) by virtue of the
first sentence of Section 6(b), give the figures
which indicate that the security or securities
aggregate (together with all other than outstanding
notes and drafts of a maturity of nine months or
less, exclusive of days of grace, as to which such
company is primarily or secondarily liable) not more
than 5 percentum of the principal amount and par
value of the other securities of such company then
outstanding. (Demand notes, regardless of how long
they may have been outstanding, shall be
considered as maturing in not more than nine
months for purposes of the exemption from Section
6(a) or the Act granted by the first sentence of
Section 6(b). Not applicable.
14. If the security or securities are exempt from
the provisions of Section 6(a) because of the fourth
sentence of Section 6(b), name the security
outstanding on January 1, 1935, pursuant to the
terms of which the security or securities herein
described have been issued. Not applicable.
15. If the security or securities are exempt from
the provisions of Section 6(a) because of any rule
of the Commission other than Rule U-48 [Reg. ss.
250.48, P. 36,621] designate the rule under which
exemption is claimed. Rule 52.
CONECTIV
By: /s/ Louis M. Walters
Louis M. Walters
Treasurer
Date: May 26, 1999
Form U-6B-2
Schedule I
Conectiv and Subsidiaries
Quarter Ended March 31, 1999
<TABLE>
Issued during Quarter Balance at End of Quarter
<S> <C>
Company CommonStock Installment Short-Term Money Pool
Promissory Debt (1) (3) Advances (2) (3)
Notes
<S> <C> <C> <C> <C>
Conectiv Resources
Partners, Inc. 0 0 $45,000,000 $10,909,392
ATE Investment, Inc. 0 0 10,000,000 9,611,318
Conectiv Services, Inc. 0 0 0 3,712,556
Conectiv Communications, Inc.0 0 57,866,845 0
Atlantic Southern
Properties, Inc. 0 0 0 93,432
(1) Interest rate at end of quarter: 5.12%
(2) Interest rate at end of quarter: 5.15%
(3) Due on demand, but in no case later than 5/1/00
</TABLE>
