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Pricing Supplement Dated June 8, 1995 Rule 424(b)(5)
(To Prospectus dated May 31, 1995 and File No. 33-59093
Prospectus Supplement dated June 6, 1995)
MICHIGAN CONSOLIDATED GAS COMPANY
First Mortgage Bonds designated as
Secured Medium-Term Notes, Series B
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Principal Amount: $20,000,000 Interest Rate: 6.30%
Agent's Discount or Commission: 0.350% Stated Maturity: 6-15-98
Net Proceeds to Issuer: $19,930,000 Original Issue Date: 6-13-95
CUSIP: 59446AAC9
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INTEREST PAYMENT DATES: February 1 and August 1
RECORD DATES: The last business day which is more than ten (10) calendars days
prior to such Interest Payment Dates.
REDEMPTION:
[X] The Notes cannot be redeemed prior to Stated Maturity
[ ] The Notes may be redeemed prior to Stated Maturity
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction: ____ % until Redemption
Percentage is 100% of the principal amount.
OPTIONAL REPAYMENT:
[X] The Notes cannot be repaid prior to Stated Maturity
[ ] The Notes can be repaid prior to Stated Maturity at the option of the
holder of the Notes.
Repayment Dates:
Repayment Price: _____ %
ORIGINAL ISSUES DISCOUNT: [ ] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
FORM: [X] Book-Entry [ ] Certificated
AGENT(S): [X] Merrill Lynch & Co. Amount Placed: $12,000,000
[ ] A.G. Edwards & Sons, Inc. Amount Placed: ___________
[ ] First Chicago Capital Markets, Inc. Amount Placed: ___________
[X] Lehman Brothers Amount Placed: 8,000,000
[ ] Other _____________________ Amount Placed: ___________
AGENT ACTING IN THE CAPACITY AS INDICATED BELOW:
[X] Agent [ ] Principal
IF AS PRINCIPAL:
[ ] The Notes are being offered at varying prices related to prevailing
market prices at the time of resale.
[ ] The Notes are being offered at a fixed initial public offering
price of ___ % of Principal Amount.
IF AS AGENT:
The Notes are being offered at a fixed initial public offering price of
100% of Principal Amount.
OTHER PROVISIONS: N/A