SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
In the Matter of CERTIFICATE
Cinergy Corp. et al. OF
File No. 70-8587 NOTIFICATION
(Public Utility Holding Company Act of 1935)
With reference to the transactions proposed in the
Application-Declaration on Form U-1, as amended (the
"Declaration"), in the above proceeding filed by Cinergy Corp.
("Cinergy") and certain of its subsidiary companies - namely,
Cinergy Services, Inc. ("Cinergy Services"), The Cincinnati Gas &
Electric Company ("CG&E"), PSI Energy, Inc. ("PSI"), The Union
Light, Heat and Power Company ("ULH&P"), Lawrenceburg Gas Company
("Lawrenceburg"), The West Harrison Gas and Electric Company
("West Harrison"), Miami Power Corp. ("Miami"), Tri-State
Improvement Company ("Tri-State") and KO Transmission Company
("KO"; and, together with Cinergy and the aforementioned
associate companies, the "Applicants") - and the Commission's
August 25, 1995 order with respect thereto (Rel. No. 35-26362),
Cinergy Services hereby notifies the Commission as follows:
1. For the calendar quarter ended December 31, 1995 ("Fourth
Quarter"), the maximum principal amount of external short-term
borrowings - i.e., bank borrowings and/or commercial paper - of
the Applicants at any one time outstanding was as follows: (a)
Cinergy - see certificate of notification with respect to the
Fourth Quarter filed with the Commission on behalf of Cinergy in
File No. 70-8521; (b) CG&E - $0; (c) PSI - $241.3 million; (d)
ULH&P - $26.5 million; (e) Lawrenceburg - $0; (f) West Harrison
- - $0; (g)Miami - $0; (h) Tri-State - $0; (i) KO - $0; and
Cinergy Services - $0.
2. With respect to the implementation and operation of the
Utility Money Pool during the Fourth Quarter: (a) the average
annual interest rate applicable to borrowings by participating
companies was 5.82%; (b) the maximum principal amount of money
pool borrowings incurred by the respective Applicants and
outstanding at any one time during the Fourth Quarter was as
follows: (i) CGE - $0, (ii) PSI - $97.7 million, (iii) ULH&P -
$26.5 million, (iv) Lawrenceburg - $0, (v) West Harrison - $0,
(vi) Miami - $0, (vii) Tri-State - $0, (viii) KO - $0, and (ix)
Cinergy Services - $0; and (c) the maximum principal amount of
funds loaned through the money pool by the respective Applicants
and outstanding at any one time during the Fourth Quarter was as
follows: (i) Cinergy - $23.6 million, (ii) CGE - $105.4 million,
(iii) PSI - $0, (iv) ULH&P - $0, (v) Lawrenceburg - $0, (vi) West
Harrison - $0 , (vii) Miami - $0, (viii) Tri-State - $0, (ix) KO
- - $0, and (x) Cinergy Services - $0.
3. As of the end of the Fourth Quarter, the Nonutility Money Pool
had not commenced operations.
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S I G N A T U R E
Pursuant to the requirements of the Public Utility Holding
Company Act of 1935, as amended, the undersigned company has duly
caused this document to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: February 15, 1996
CINERGY SERVICES, INC.
By:/s/William L. Sheafer
Treasurer
