Pricing Supplement No. 011 Filing under Rule 424(b)(2)
Dated August 5, 1997 Registration No. 333-26847
(To Prospectus dated May 28, 1997)
$217,692,000
Northern Indiana Public Service Company
Medium-Term Notes, Series E
Due 1 to 30 Years From Date of Issue
____________________
Principal Amount: $3,000,000
Trade Date: August 5, 1997
Original Issue Date: August 8, 1997
Interest Rate: 6.87%
Stated Maturity Date: August 8, 2007
Form : XX Book Entry ___ Certified
Interest Payment Date(s): March 15, and September 15
Specified Currency: U.S. Dollars
Selling Agents Commission: $18,750.00
Net Proceeds to the Company: $2,981,250
The Medium-Term Note described in this Pricing Supplement is being sold
through Goldman, Sachs & Co., as Agent.
Prior to the date of this Pricing Supplement, $126,000,000 Medium-Term Notes,
Series E, have been sold.
Goldman, Sachs & Co.
Merrill Lynch & Co.
Morgan Stanley & Co. Incorporated
