-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Kbd3rGSB6ekuAC9S4iamHIi1geS8JsBCiNgoyCkGED18L68YUWLhS1DhyzoH9RBw ItGHbdywDex8fYcPTejikA== 0000070145-97-000034.txt : 19970515 0000070145-97-000034.hdr.sgml : 19970515 ACCESSION NUMBER: 0000070145-97-000034 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19970514 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL FUEL GAS CO CENTRAL INDEX KEY: 0000070145 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 131086010 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: 1935 Act SEC FILE NUMBER: 070-08729 FILM NUMBER: 97604358 BUSINESS ADDRESS: STREET 1: 10 LAFAYETTE SQ CITY: BUFFALO STATE: NY ZIP: 14203 BUSINESS PHONE: 7168576980 MAIL ADDRESS: STREET 1: 10 LAFAYETTE SQ STREET 2: 10 LAFAYETTE SQ CITY: BUFFALO STATE: NY ZIP: 14203 35-CERT 1 5TH CERT - RULE 24 UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION - -------------------------------------------- In the Matter of NATIONAL FUEL GAS COMPANY FIFTH NATIONAL FUEL GAS DISTRIBUTION CORPORATION CERTIFICATE NATIONAL FUEL GAS SUPPLY CORPORATION PURSUANT TO SENECA RESOURCES CORPORATION RULE 24 UTILITY CONSTRUCTORS, INC. HIGHLAND LAND & MINERALS, INC. LEIDY HUB, INC. DATA-TRACK ACCOUNT SERVICES, INC. NATIONAL FUEL RESOURCES, INC. HORIZON ENERGY DEVELOPMENT, INC. File No. 70-8729 (Public Utility Holding Company Act of 1935) - -------------------------------------------- THIS IS TO CERTIFY, pursuant to Rule 24, that certain transactions proposed by National Fuel Gas Company ("National") and its subsidiaries, National Fuel Gas Distribution Corporation ("Distribution Corporation"), National Fuel Gas Supply Corporation ("Supply Corporation"), Seneca Resources Corporation ("Seneca"), Utility Constructors, Inc. ("UCI"), Highland Land & Minerals, Inc. ("Highland"), Leidy Hub, Inc. ("Leidy"), Data-Track Account Services, Inc. ("Data-Track"), National Fuel Resources, Inc. ("NFR") and Horizon Energy Development, Inc. ("Horizon Energy") in Form U-1, Application-Declaration, File No. 70-8729, as amended, have been carried out in accordance with the terms and conditions, and for the purposes as represented by said Application-Declaration, and the Order of the Securities and Exchange Commission ("Commission") (HCAR No. 35-26443 dated December 28, 1995) with respect thereto. During the quarter ended March 31, 1997 the following borrowing transactions occurred: 1. Sales and resales of commercial paper for the quarter are shown on the attached certificates of Merrill Lynch Money Markets, Inc. and Chase Securities, Inc. 2. National increased its outstanding borrowings by issuing short-term notes to banks or other financial institutions in the amounts, on the dates and at the rates indicated below. The proceeds from the sales of these notes were transferred by National to the System Money Pool to be utilized by National's subsidiaries. This schedule also reflects renewals at different rates. DATE AMOUNT RATE ---- ------ ---- 01/02/97 $15,000,000 5.42% 01/02/97 5,900,000 5.74 01/02/97 5,000,000 5.52 01/02/97 2,300,000 5.96 01/03/97 4,300,000 5.40 01/06/97 18,000,000 5.30 01/07/97 12,800,000 5.28 01/08/97 13,300,000 5.28 01/09/97 11,800,000 5.30 01/10/97 11,100,000 5.28 01/13/97 15,000,000 5.46 01/13/97 3,000,000 5.34 01/14/97 6,000,000 5.25 01/15/97 10,000,000 5.51 01/15/97 15,000,000 5.37 01/15/97 8,000,000 5.52 01/16/97 7,200,000 5.30 01/17/97 3,000,000 5.20 01/21/97 15,000,000 5.32 01/22/97 7,200,000 5.28 01/23/97 10,900,000 5.28 01/24/97 10,200,000 5.25 01/27/97 10,000,000 5.49 01/27/97 10,000,000 5.44 01/27/97 33,300,000 5.36 01/28/97 23,400,000 5.39 01/28/97 5,000,000 5.54 01/29/97 $15,400,000 5.63% 01/30/97 12,300,000 5.46 01/31/97 10,200,000 5.50 01/31/97 20,000,000 5.48 02/03/97 15,000,000 5.40 02/03/97 8,700,000 5.42 02/04/97 16,400,000 5.32 02/05/97 18,800,000 5.28 02/06/97 11,000,000 5.28 02/07/97 16,200,000 5.25 02/10/97 12,100,000 5.26 02/11/97 1,400,000 5.25 02/12/97 11,000,000 5.40 02/13/97 4,600,000 5.28 02/14/97 9,100,000 5.20 02/14/97 10,000,000 5.37 02/18/97 10,000,000 5.35 02/18/97 9,500,000 5.52 02/20/97 6,100,000 5.27 02/21/97 700,000 5.21 02/24/97 1,700,000 5.33 02/24/97 10,000,000 5.30 02/25/97 15,000,000 5.28 02/25/97 15,000,000 5.35 02/25/97 15,000,000 5.40 02/26/97 32,600,000 5.50 02/27/97 28,900,000 5.32 02/28/97 33,500,000 5.53 03/03/97 35,200,000 5.53 03/03/97 20,000,000 5.41 03/04/97 29,000,000 5.35 03/05/97 21,200,000 5.23 03/06/97 11,400,000 5.27 03/07/97 6,300,000 5.26 03/10/97 1,700,000 5.32 03/11/97 13,300,000 5.32 03/12/97 3,900,000 5.52 03/14/97 10,100,000 5.24 03/17/97 21,300,000 5.45 03/17/97 35,000,000 5.41 03/18/97 42,100,000 5.30 03/19/97 35,000,000 5.32 03/20/97 14,400,000 5.45 03/20/97 25,000,000 5.55 03/21/97 10,300,000 5.38 03/24/97 $13,100,000 5.55% 03/25/97 2,800,000 5.65 03/25/97 35,000,000 5.61 03/26/97 21,200,000 5.80 03/26/97 20,000,000 5.77 03/27/97 19,000,000 5.70 03/27/97 12,600,000 5.70 03/28/97 15,600,000 5.77 03/31/97 20,000,000 6.83 03/31/97 12,000,000 6.28 3. National increased its outstanding borrowings to be used for its own corporate purposes by issuing short-term notes to banks or other financial institutions in the amounts on the dates and at the rates indicated below: None. 4. National transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's subsidiaries. DATE AMOUNT RATE ---- ------ ---- 01/03/97 $1,000,000 5.45% 01/17/97 2,100,000 5.44 01/30/97 1,100,000 5.44 02/06/97 1,000,000 5.44 02/07/97 200,000 5.43 02/19/97 500,000 5.43 02/27/97 1,500,000 5.40 03/05/97 900,000 5.38 03/24/97 600,000 5.43 5. Supply Corporation transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's other subsidiaries. None. 6. Supply Corporation borrowed the following amounts from the System Money Pool on the dates and at the rates indicated below. DATE AMOUNT RATE ---- ------ ---- 01/03/97 $ 300,000 5.45% 01/06/97 200,000 5.43 01/08/97 200,000 5.44 01/14/97 100,000 5.44 01/15/97 11,700,000 5.45 01/17/97 500,000 5.44 01/22/97 400,000 5.43 01/23/97 200,000 5.43 01/24/97 100,000 5.43 01/30/97 1,100,000 5.44 01/31/97 3,100,000 5.44 02/03/97 2,000,000 5.44 02/04/97 700,000 5.43 02/05/97 300,000 5.43 02/06/97 400,000 5.44 02/07/97 700,000 5.43 02/10/97 600,000 5.43 02/12/97 1,000,000 5.44 02/13/97 400,000 5.44 02/14/97 1,300,000 5.43 02/18/97 500,000 5.44 02/19/97 100,000 5.43 02/21/97 200,000 5.44 02/27/97 500,000 5.40 02/28/97 1,500,000 5.43 03/04/97 200,000 5.39 03/05/97 100,000 5.38 03/07/97 200,000 5.40 03/10/97 300,000 5.40 03/14/97 900,000 5.38 03/17/97 $8,400,000 5.45% 03/18/97 1,000,000 5.37 03/19/97 500,000 5.38 03/21/97 100,000 5.42 03/24/97 300,000 5.43 03/31/97 300,000 5.70 7. Distribution Corporation transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's other subsidiaries. None. 8. Distribution Corporation borrowed the following amounts from the System Money Pool on the dates and at the rates indicated below: DATE AMOUNT RATE ---- ------ ---- 01/15/97 $10,700,000 5.45% 01/21/97 2,600,000 5.43 01/24/97 2,300,000 5.43 01/27/97 49,000,000 5.43 01/31/97 11,600,000 5.44 02/25/97 57,200,000 5.41 02/28/97 1,000,000 5.43 03/17/97 6,300,000 5.45 03/18/97 5,000,000 5.37 03/25/97 42,000,000 5.46 03/31/97 11,900,000 5.70 9. Seneca transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's other subsidiaries. DATE AMOUNT RATE ---- ------ ---- 03/06/97 $1,200,000 5.39% 03/11/97 200,000 5.39 10. Seneca borrowed the following amounts from the System Money Pool on the dates and at the rates indicated below: DATE AMOUNT RATE ---- ------ ---- 01/02/97 $ 500,000 5.47% 01/03/97 1,600,000 5.45 01/06/97 800,000 5.43 01/07/97 800,000 5.44 01/08/97 7,500,000 5.44 01/09/97 100,000 5.44 01/13/97 1,200,000 5.45 01/15/97 2,900,000 5.45 01/16/97 1,200,000 5.44 01/28/97 3,100,000 5.43 01/30/97 700,000 5.44 01/31/97 3,500,000 5.44 02/03/97 1,900,000 5.44 02/05/97 100,000 5.43 02/10/97 300,000 5.43 02/11/97 1,600,000 5.44 02/12/97 500,000 5.44 02/18/97 3,200,000 5.44 02/19/97 1,600,000 5.43 02/27/97 4,100,000 5.40 02/28/97 2,100,000 5.43 03/03/97 1,200,000 5.42 03/04/97 500,000 5.39 03/05/97 400,000 5.38 03/10/97 1,600,000 5.40 03/17/97 3,700,000 5.45 03/18/97 $4,500,000 5.37% 03/24/97 1,200,000 5.43 03/27/97 100,000 5.53 03/28/97 1,500,000 5.52 03/31/97 4,200,000 5.70 11. UCI transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's other subsidiaries. None. 12. UCI borrowed the following amounts from the System Money Pool on the dates and at the rates indicated below: None. 13. Highland transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's other subsidiaries. None. 14. Highland borrowed the following amounts from the System Money Pool on the dates and at the rates indicated below: None. 15. Leidy transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's other subsidiaries. None. 16. Leidy borrowed the following amounts from the System Money Pool on the dates and at the rates indicated below: None. 17. Data-Track transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's other subsidiaries. None. 18. Data-Track borrowed the following amounts from the System Money Pool on the dates and at the rates indicated below: None. 19. NFR transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's other subsidiaries. DATE AMOUNT RATE ---- ------ ---- 01/02/97 $ 900,000 5.46% 01/06/97 1,500,000 5.43 01/08/97 400,000 5.44 01/09/97 600,000 5.44 01/13/97 400,000 5.45 01/14/97 900,000 5.44 01/16/97 200,000 5.44 01/17/97 800,000 5.44 01/21/97 3,400,000 5.43 01/22/97 100,000 5.43 01/23/97 200,000 5.43 01/29/97 100,000 5.45 01/31/97 300,000 5.44 02/04/97 1,100,000 5.43 02/06/97 200,000 5.44 02/11/97 1,000,000 5.44 02/13/97 $1,000,000 5.44% 02/19/97 400,000 5.43 02/24/97 400,000 5.43 02/27/97 1,500,000 5.40 03/04/97 500,000 5.39 03/11/97 600,000 5.39 03/12/97 400,000 5.40 03/13/97 500,000 5.40 03/14/97 500,000 5.38 03/19/97 1,200,000 5.38 03/20/97 700,000 5.42 03/25/97 900,000 5.46 20. NFR borrowed the following amounts from the System Money Pool on the dates and at the rates indicated below: DATE AMOUNT RATE ---- ------ ---- 02/26/97 $ 200,000 5.42% 03/06/97 1,000,000 5.39 21. Horizon Energy transferred the following amounts to the System Money Pool on the dates and at the rates indicated below. These amounts were either used to decrease outstanding System borrowings and/or commercial paper or utilized by National's other subsidiaries. None. 22. Horizon Energy borrowed the following amounts from the System Money Pool on the dates and at the rates indicated below: DATE AMOUNT RATE ---- ------ ---- 01/02/97 $ 600,000 5.47% 01/13/97 200,000 5.45 01/23/97 100,000 5.43 02/06/97 100,000 5.44 02/12/97 100,000 5.44 03/03/97 100,000 5.42 03/07/97 100,000 5.40 Dated: May 14, 1997 NATIONAL FUEL GAS COMPANY By: /s/ Gerald T. Wehrlin ---------------------------------------- Gerald T. Wehrlin Controller EX-99 2 Chase Securities, Inc. 270 Park Avenue New York, New York 10017-2070 April 15, 1997 Ms. Donna Cambas National Fuel Gas Company 10 Lafayette Square - Room 1500 Buffalo, New York 14203 Dear Ms. Cambas, The is to advise you that in connection with the distribution of commercial paper for the National Fuel Gas Company from January 2,1997 to March 31, 1997 all sales and resales on your behalf by Chase Securities, Inc. were made only to those customers included in the Confidential List retained by the corporation of National Fuel Gas Company's commercial paper program. The issuance of National Fuel Gas Company commercial paper and sales thereof were made in accordance with the provisions of that program. A summary of all trade activitiy for the quarter is attached. Sincerely, /s/ Anton J. Schubert Anton J. Schubert Vice President Chase Securities, Inc. 270 Park Avenue New York, NY 10017-2070 NATIONAL FUEL GAS COMPANY ------------------------- First Quarter Performance Report PAR ISSUE MATURITY AMOUNT DATE DATE RATE YIELD TERM TYPE 15,000,000 01/21/97 04/21/97 5.42 5.4945 90 Days Discounted 10,000,000 01/28/97 03/20/97 5.40 5.4416 51 Days Discounted 5,000,000 01/28/97 03/24/97 5.40 5.4449 55 Days Discounted 5,000,000 02/10/97 04/18/97 5.37 5.4242 67 Days Discounted - ---------- 35,000,000 /s/ Anton J. Schubert ------------------------------------- Anton J. Schubert, Vice President EX-99 3 Global Money Markets Corporate and Institutional Client Group World Financial Center North Tower New York, New York 10281-1311 212 449 1000 FAX 212 449 0599 MERRILL LYNCH April 3, 1997 Ms. Donna Cambas National Fuel Gas Company 10 Lafayette Square - Room 1100 Buffalo, NY 14203 Dear Donna: This is to advise you that in connection with the distribution of commercial paper of National Fuel Gas Company from January 1, 1997 to March 31, 1997 no sales or resales were made by Merrill Lynch Money Markets Inc. for National Fuel Gas Company's commercial paper program. Verification of which is attached. Sincerely, /s/ Michael J. Maita Michael J. Maita Enclosure PROGRAM ISSUANCE TRADE DETAIL - CP 01/01/97 - 03/31/97 Pgm Fx/F1 Trade Dt Sett Dt MTY DTM PAR Rate Proceeds TOTALS ------ Number of Trans: 0 Total Par 0 Total Proceeds 0 Dollar Weighted Averages ------------------------ Days to Mty: NaN Rate: NaN Programs: N1 NATIONAL FUEL GAS CO. 04/03/97 Page 2 -----END PRIVACY-ENHANCED MESSAGE-----