SOUTH JERSEY GAS CO/NEW
424B2, 1998-10-19
NATURAL GAS TRANSMISISON & DISTRIBUTION
Previous: SOUTH JERSEY GAS CO/NEW, 424B2, 1998-10-19
Next: SOUTH JERSEY GAS CO/NEW, 424B2, 1998-10-19



<PAGE>
 
                           SOUTH JERSEY GAS COMPANY

                          Filed Under Rule 424(b)(2)
                        Registration File No. 333-62019
 
 
PRICING SUPPLEMENT NO. 2
Dated October 16, 1998 to Prospectus 
dated October 5, 1998
 
                  Secured Medium-Term Notes, Series A, 1998-2
 
Interest Payment Dates:               May 1 and November 1, commencing 
                                      May 1, 1999
 
Regular Record Date:                  April 15 and October 15
 
Cusip No.:                            83851 M AB3
 
This Pricing Supplement describes the sale of Notes through PaineWebber
 Incorporated, First Union Capital Markets and Prudential Securities
 Incorporated

Principal Amount:                        $10,000,000

Interest Rate:                              6.12%

Original Issue Date:                      10/21/98

Stated Maturity:                         10/22/2010

Price to Public                          $10,000,000

CoAgents:                         PaineWebber Incorporated
                                 First Union Capital Markets
                              Prudential Securities Incorporated

CoAgents' Commission:                    $    62,500

Net Proceeds to Company:                 $ 9,937,500

Redemption:                         None prior to maturity

South Jersey Gas Company registered a total of $100,000,000 worth of Notes. So
far, it has issued $30,000,000, including the $10,000,000 of Notes covered by
this Pricing Supplement. $70,000,000 worth of Notes may yet be issued.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission