MICHIGAN CONSOLIDATED GAS CO /MI/
424B5, 1995-06-12
NATURAL GAS DISTRIBUTION
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Pricing Supplement Dated June 9, 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

- --------------------------------------------------------------------------------
Principal Amount: $15,850,000                    Interest Rate: 6.80%
Agent's Discount or Commission: 0.600%           Stated Maturity: 6-15-03
Net Proceeds to Issuer: $15,754,900              Original Issue Date: 6-14-95
                                                 CUSIP: 59446AAE5
- --------------------------------------------------------------------------------
INTEREST PAYMENT DATES: February 1 and August 1

RECORD DATES:  The last business day which is more than ten (10) calendar days
               prior to such Interest Payment Date.

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):  [ ] Merrill Lynch & Co.                  Amount Placed: ___________
           [X] A.G. Edwards & Sons, Inc.            Amount Placed: $6,850,000
           [X] First Chicago Capital Markets, Inc.  Amount Placed:  9,000,000
           [ ] Lehman Brothers                      Amount Placed: ___________
           [ ] Other _____________________          Amount Placed: ___________

AGENT ACTING IN THE CAPACITY AS INDICATED BELOW:
        [ ] Agent        [X] Principal


IF AS PRINCIPAL:
        [X] 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 
     ___% of Principal Amount.

OTHER PROVISIONS: N/A




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