424B3 1 Pricing Supplement No.6 Dated March 29, 1995 (To Prospectus dated July 20, 1993) Filed Pursuant to Rule 424(b)(3) Registration No. 33-49367 PUBLIC SERVICE ELECTRIC AND GAS COMPANY SECURED MEDIUM-TERM NOTES, SERIES A --------------------------------------------------------------------------- CUSIP Number:74456Q AE 6 Interest Rate: 7.13% Principal Amount: $35,000,000 Interest Payment Dates: January 1 and July 1 Price to Public: Maturity Date: April 7, 1997 100% of Principal Amount Trade Date: March 29, 1995 Original Issue Date: April 5, 1995 These Notes are DTC Eligible Net Proceeds to Company : $34,912,500 and will be issued in Agents' Discount or Commission: $87,500 Book-Entry Form Only Interest From: April 5, 1995 --------------------------------------------------------------------------- Optional Redemption Provisions: The Notes will not be subject to redemption prior to maturity either as a whole or in part at the option of Public Service Electric and Gas Company ("Company"). Certain Financial Information: The following document heretofore filed by the Company with the Securities and Exchange Commission is incorporated herein by reference: 1. The Company's Annual Report on Form 10-K for the year ended December 31, 1994, filed pursuant to the Securities Exchange Act of 1934 ("1934 Act"). 1 Use of Proceeds: The net proceeds from the sale of the Notes, together with the net proceeds of the sale of an additional $65,000,000 principal amount of the Company's Secured Medium-Term Notes, Series A expected to have an original issue date of April 5, 1995, will be added to the general funds of the Company and will be used to finance a portion of the Company's payment at maturity of the $250,000,000 outstanding principal amount of the Company's First and Refunding Mortgage Bonds, 6% Series JJ, on June 1, 1995. Agents: -- X Merrill Lynch & Co. -- 2