Pricing Supplement Dated January 14, 1997 Rule 424(b)(3)
(To Prospectus dated November 4, 1996 and File No. 333-14605
Prospectus Supplement dated December 30, 1996)
SOUTHWEST GAS CORPORATION
MEDIUM-TERM NOTES, SERIES A
FIXED RATE
================================================================================
Principal Amount: $25,000,000 Interest Rate: 7.59%
Agents' Discounts or Commissions: .750% Stated Maturity Date: 01/17/2017
Net Proceeds to Issuer: $24,812,500 Original Issue Date: 01/17/1997
================================================================================
Interest Payment Dates: Payable from January 17, 1997 on the 1st of each
April and October commencing 04/01/1997 per the
Prospectus Supplement dated December 30, 1996.
Day Count Convention:
[X] 30/360 for the period from 01/17/1997 to 01/17/2017
[ ] Other
Redemption:
[X] The Notes cannot be redeemed prior to the Stated Maturity Date.
[ ] The Notes may be redeemed prior to the Stated Maturity Date.
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 the Stated Maturity Date.
[ ] The Notes can be repaid prior to the Stated Maturity Date at the option
of the holder of the Notes.
Optional Repayment Dates:
Repayment Price: ___%
Original Issue Discount: [ ] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Form: [X] Book-Entry [ ] Certificated
Agents: [X] Merrill Lynch & Co. $10,000,000
[X] Dean Witter Reynolds Inc. $ 7,500,000
[X] PaineWebber Incorporated $ 7,500,000
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
