Rule 424(b)(3)
File No. 33-71286
PRICING SUPPLEMENT NO. 1 DATED Sept 15, 1997
(To Prospectus Dated December 6, 1993)
CASCADE NATURAL GAS CORPORATION
Medium-Term Notes, Series B
Due Nine Months or More From Date of Issue
Fixed Rate Notes
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Principal amount: $20,000,000
Interest Rate per annum: 7.48%
Original Issue Date (Settlement date): Sept. 15, 1997
Maturity date: Sept. 15, 2027
Issue Price (%): 100%
Selling agent's commission (%) & ($): .75%; $150,000.00
Net Proceeds to Company: $19,850,000
Agent: A. G. Edwards & Sons, Inc.
Redemption:
The Notes cannot be redeemed prior to maturity unless the applicable box is
checked and the terms of redemption are specified below.
[ ] The Notes may be redeemed prior to maturity in whole or from time to
time in part.
[ ] The Notes may be redeemed prior to maturity in whole only.
Terms of Redemption: