<PAGE> 1
(THE COLUMBIA GAS SYSTEM, INC. LETTERHEAD)
August 4, 1994
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC 20549
Interim Report Under Rule 24 of the
Public Utility Holding Company Act of 1935
The Columbia Gas System, Inc. ("Columbia") et al.
The Individual Applicant-Declarants
are Listed on the Signature Page
File No. 70-8219
Gentlemen:
In compliance with the terms and conditions of Rule 24 under the Public
Utility Holding Company Act of 1935, and the Orders of the Commission dated
September 29, 1993 and June 6, 1994 authorizing the financing transactions as
more fully described in the Joint Application/Declaration, as amended (the
"Application"), the undersigned hereby certify to the Commission that, during
the calendar quarter from April 1, 1994 through June 30, 1994 the Subsidiaries
sold and Columbia purchased Common Stock and Installment Promissory Notes and
the Subsidiaries received short-term funds in the form of Open Account Advances
and/or inventory financing from Columbia and/or through Intrasystem Money Pool
Advances, and the Subsidiaries made funds available to the Intrasystem Money
Pool as follows:
<PAGE> 2
SUBSIDIARY FINANCING
($000)
<TABLE>
<CAPTION>
Aggregate Amount Maximum Amount
Under Application During Quarter
------------------------------ ---------------------------------
Installment Intrasystem
Common Long-Term Short-Term Money Pool
Company Stock Debt Debt Deposits
---------------- ----------- ------------- ------------ --------------
$000 $000 $000 $000
<S> <C> <C> <C> <C>
CKY . . . . . . . . . . . . * ** -0- 23,798
COH . . . . . . . . . . . . * ** -0- 120,854
CMD . . . . . . . . . . . . * 3,300 -0- 5,512
CPA . . . . . . . . . . . . * ** 1,564 45,478
CNR . . . . . . . . . . . . * -0- -0- 15,023
CGT . . . . . . . . . . . . * -0- -0- 17,394
CGD . . . . . . . . . . . . * 5,000 14,994 -0-
CS . . . . . . . . . . . . * -0- 5,190 7,638
CPI . . . . . . . . . . . . * -0- 2,453 2,430
CLG . . . . . . . . . . . . * * 26,700 2,737
CPC . . . . . . . . . . . . * -0- 107 1,050
CES . . . . . . . . . . . . * * -0- 20,458
CGC . . . . . . . . . . . . * 500 6,750 -0-
CAT . . . . . . . . . . . . * * * 667
TVC . . . . . . . . . . . . * * * 5,833
TCC*** . . . . . . . . . . * * * 34
</TABLE>
- ----------------------
* Authorization for such financing not requested in Application.
** Reported via Form U-6B-2 pursuant to Rule 52.
*** Requested 1.1MM of financing of which $.5MM still remains to be
taken in the form of a contribution of capital.
<PAGE> 3
SELECTED FINANCIAL DATA
-----------------------
($000)
<TABLE>
<CAPTION>
CGD CGC
----------- -----------
CAPITALIZATION
As of June 30, 1994
---------------------------------------------
<S> <C> <C>
Common Stock Equity
Common Stock .............................. 141,912 48,475
Additional Paid in Capital ................ 27,550 0
Retained Earnings ......................... (126,854) (52,826)
Unearned Employee Compensation ............ 0 0
----------- -----------
Total Common Stock Equity ................... 42,608 (4,351)
----------- -----------
Long-Term Debt
Existing Notes and Other Long-Term Debt ... 112,626 14,322
Additional Installment Notes .............. 0 0
----------- -----------
Total Long-Term Debt ........................ 112,626 14,322
----------- -----------
TOTAL CAPITALIZATION ........................ 155,234 9,971
=========== ===========
CONDENSED INCOME STATEMENT
Three Months Ended June 30, 1994
---------------------------------------------
Operating Income (Loss) ..................... 4,471 715
----------- -----------
Other Income (Deductions)
Interest Income and Other, net ............ 657 202
Interest Expense and Related Charges ...... (3,328) (479)
----------- -----------
Total Other Income (Deductions) ............. (2,671) (277)
----------- -----------
Income (Loss) before Income Taxes ........... 1,800 438
Income Taxes ................................ 613 150
----------- -----------
NET INCOME (LOSS) ........................... 1,187 288
=========== ===========
</TABLE>
<PAGE> 4
The undersigned further certifies that the above-mentioned financing
transactions were carried out in accordance with the terms and conditions of,
and for the purposes represented by, the Application, and the Orders of the
Commission with respect thereto.
Very truly yours,
THE COLUMBIA GAS SYSTEM, INC.
By: /s/ L. J. Bainter
-----------------------------------------------
L. J. Bainter, Treasurer
COLUMBIA GAS OF OHIO, INC. (COH)
COLUMBIA GAS OF PENNSYLVANIA, INC. (CPA)
COLUMBIA GAS OF KENTUCKY, INC. (CKY)
COLUMBIA GAS OF MARYLAND, INC. (CMD)
COLUMBIA GULF TRANSMISSION COMPANY (CGT)
COLUMBIA GAS DEVELOPMENT CORPORATION (CGD)
COMMONWEALTH PROPANE, INC. (CPI)
COLUMBIA GAS SYSTEM SERVICE CORPORATION (CS)
COLUMBIA NATURAL RESOURCES, INC. (CNR)
TRISTAR VENTURES CORPORATION (TVC)
COLUMBIA ATLANTIC TRADING CORPORATION (CAT)
COLUMBIA LNG CORPORATION (CLG)
COLUMBIA PROPANE CORPORATION (CPC)
COLUMBIA COAL GASIFICATION CORPORATION (CGC)
COLUMBIA ENERGY SERVICES CORP. (CES)
TRISTAR CAPITAL CORPORATION (TCC)
By: /s/ L. J. Bainter
-----------------------------------------------
L. J. Bainter, Vice President
Attachment
<PAGE> 5
File No. 40-364
SECURITIES AND EXCHANGE COMMISSION
FORM U-6B-2
CERTIFICATE OF NOTIFICATION
THE COLUMBIA GAS SYSTEM, INC., 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.
1. Type of Securities - See Schedule 1.
2. Issue, renewal or guaranty - Common Stock and Installment Promissory Notes
are new issues. Short-Term Debt represents cash advances, as required
from time to time for working capital and Intrasystem Money Pool
represents book entry investments of temporary excess cash.
3. Principal amount - See Schedule 1.
4. Rate of interest - See Schedule 1.
5. Date of issue renewal or guaranty - as indicated on Schedule 1.
6. Non-Applicable.
7. Date of maturity - See Schedule 1.
8. Issued to - The Columbia Gas System, Inc.
9. Collateral given with each Security - Non-Applicable.
10. Consideration received was the principal amount for the Notes and par
value for Stock.
11. Application of Proceeds - General corporate funds for use in ordinary
course of business.
12. Issue, renewal or guaranty exempt under (c) Rule 52.
13. Non-Applicable.
14. Non-Applicable.
<PAGE> 6
15. Exempt from provisions of Section 6(a) under Rule 52.
Columbia Gas of Kentucky, Inc.
Columbia Gas of Ohio, Inc.
Columbia Gas of Pennsylvania, Inc.
Commonwealth Gas Services, Inc.
By: /s/ L. J. Bainter
-----------------------------------------------
L. J. Bainter, Vice President
<PAGE> 7
Form U-6B-2
Schedule 1
THE COLUMBIA GAS SYSTEM, INC., AND SUBSIDIARIES
QUARTER ENDED JUNE 30, 1994
<TABLE>
<CAPTION>
Aggregate Amount
Issued Under Exemption Maximum Amount
from October 1, 1993 Outstanding During Quarter
--------------------------------------- -----------------------------
Installment Short-Term Intrasystem
Company Common Stock Promissory Notes* Debt** Money Pool**
------- ------------ ----------------- ------------ ------------
$000 $000 $000 $000
<S> <C> <C> <C> <C>
CKY -0- 9,400 *** ***
COH -0- 43,800 *** ***
CPA -0- -0- *** ***
COS -0- 25,200 -0- 17,383
</TABLE>
- ----------------------
* Interest Rate = 7.125% to 7.50%
Maturity Date - April 1, 2004
** Interest Rate = 3.68% to 4.17%
Maturity Date - April 30, 1995
*** Reported pursuant to Rule 24
